abc123xyz

We the end buyers should come together and make ourselves heard:

1. Cheaper ebooks (many reasons vs pbooks) 2. No fracking DRM

This whole hachette vs amazon thing is bullshit with the consumers and authors being left on the side while these middlemen argue.

Apologies for being skeptical, your whitepaper does seem to be more indepth unlike the Storj scam which will probably unravel soon

If this filecoin does take off and does what is being promised I will personally add hundreds of terrabytes of storage from our storage servers.

But seeing what Storj are doing I am extremely sceptical so please understand where I am coming from.

whats to stop the node replying with the hash of the file saying "yes the file is here" when in reality no file is there

Both smell like a scam, "coincidentally" today storj started fundraising by getting people to send them bitcoins for useless storjcoins they created, the worst part is people falling for such a scam, then again there's a fool born every minute which is a business model a lot of companies rely on.

In this case and in storjcoin case the actors behind it all remain anonymous

Is this Ripple in disguise? Who are the people behind this project??

While at 143 million people Russia has the largest population, this is rapidly shrinking, Russian internet (runet as they call it) was already mostly balkanised mainly due to language.

I find it amusing that they are doing this in "the name of combating piracy" when right now a certain russian site is hosting 1.2 million (mostly western) pirated ebooks and 28 million pirated scientific articles

In Star Trek the replicators were never able to make Latinum, hence probably why its so valuable to Ferengi

I read before somewhere that US estate agents managed to get an exemption from various KYC and money laundering requirements...

I really hope this DOESNOT take off at EU level

The level of tracking and privacy violations online is already disturbing and downright creepy

This would take it to a whole new level.

There are other bad things possible, for example, I can already see Media Industry lawyers rubbing their hands, tie National ID cards to ISP database and overnight suing people would become easier.

We made close to €20,000 EUR last month via bitpay

The cost .... $30 USD!

Then our bank charged about €24 to receive those 25 or so transactions, Bitpay pay the next business day to the bank account, its really really nice!!

Fraud rate? 0%

Chargeback rate? 0%

Not having to worry about all sorts of middlemen and fraudsters trying to rip me off and waste my time

PRICELESS!

Now if only my suppliers accepted bitcoin then wouldn't even have to withdraw some of the bitcoin back to fiat!

It would take a few hours of coding to throw together a url shortening service just for your needs, and since no one else be using it the amount of coding is trivial!

Amazon themselves have actively recommended this reship.com when I asked about delivery before for certain product.

This is only in US, I went to expedia, no bitcoin option, well that was a let down.

About $10,000 per server, equipment (very heavy) was shipped from US so there were import duties but it worked out a little bit cheaper than buying in EU in end, and had other reasons to shop in US.

Anyway its a once off cost, that accountant can do all sorts of magic with this.

Ive been in business for 7 years and hope to remain around for as long.

Have already saved money as to compared to renting dedicated servers before. AWS etc were never an option the sums simply never work out.

AWS might be great at first when you are starting out, but the costs can cripple a business, especially if you dont have others peoples venture capital to burn.

edit: when bandwidth costs are factored in the difference is and order of magnitude between my current setup and amazon, at time of this post using 2200 mbit outgoing, 800 incoming

edit2: my only regrets is not collocating earlier, have spent well into upper 6 figures over all the years :( on renting, AWS etc werent around when was starting off either.

cost! Cost!! COST!!!

I collocate 5x 4u servers with 24 and 36 drive bays, 128GB ram, SSD drives squished in for OS, for a total (multiple raid 5 volumes for each 6 disks) usable space for my project of 375 TB

Power and 2-3gbit of bandwidth is included, as well as remote hands to check up on server (for example IPMI sometimes does not work) or replace drives (pay extra for enterprise grade drives would save you alot of hassle in long term!)

for .... €1500 / month

now go and calculate the cost of that on AWS