This is a big deal. Thoughts?
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Monetas (Commercial version of Open Transactions) Integrates with Tunisian Postal Service
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Posted on October 16, 2015 at 8:43 AM
Adam, I agree with you! This is a big deal, but I feel like no one is plugged into Open Transactions because it is not a "blockchain" in the strictest definition. I love that you continue to bring OT into the discussion on the podcast because I feel people are ignoring a really fantastic complimentary techonology to bitcoin and other blockchains.
I was a little disappointed in Andreas (who I think is fabulous generally) and Stephanie when you guys discussed the release of Monetas in Tunisia. They came off as completely anti-government and would not even entertain the idea that Monetas had made a breakthrough in getting a government to launch a real life pilot test of a crypto-finance platform. Have we become so focused on our political philosophies that we cannot see the significance and celebrate the successes of non-cypherpunk related projects?
In my mind, acceptance of things like Monetas/Open Transactions in mainstream commerce brings us one step closer to mass adoption of more decentralized technologies. And for that I say, CONGRATULATIONS Monetas!
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Posted on October 16, 2015 at 8:52 AM
@rtylersmith Adam, I agree with you! This is a big deal, but I feel like no one is plugged into Open Transactions because it is not a "blockchain" in the strictest definition. I love that you continue to bring OT into the discussion on the podcast because I feel people are ignoring a really fantastic complimentary techonology to bitcoin and other blockchains.
I was a little disappointed in Andreas (who I think is fabulous generally) and Stephanie when you guys discussed the release of Monetas in Tunisia. They came off as completely anti-government and would not even entertain the idea that Monetas had made a breakthrough in getting a government to launch a real life pilot test of a crypto-finance platform. Have we become so focused on our political philosophies that we cannot see the significance and celebrate the successes of non-cypherpunk related projects?
In my mind, acceptance of things like Monetas/Open Transactions in mainstream commerce brings us one step closer to mass adoption of more decentralized technologies. And for that I say, CONGRATULATIONS Monetas!
It's always funny when Andreas and Stephanie make me feel like a real moderate by comparison!
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Posted on October 16, 2015 at 9:13 AM
I found myself speaking Stephanie's and Andreas's words before they said them. Especially Stephanie. That was quite fun. :)
Last Edited: October 16, 2015 at 9:13 AM1 like -
Posted on December 8, 2015 at 9:11 AM
This could be a big deal. Knee-jerk skepticism of government involvement in crypto projects feels somewhat naive and hubristic considering how little evidence there is that Bitcoin can be an effective currency in a working economy, and how important governments are for organising economies and influencing their level of freedom.
Of course wariness of these types of third-world projects is justified, and Monetas has provided next to no details of what their technology has become since diverging from OT. I have a feeling that they are hoping to sneak a more open, multi-asset ready system into Africa with the support of government and philanthropic agencies. It might work.
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