There is a way to fix this. Don't just require a 6 digit code. Require a 6 digit code and a long random string (an expiring token), which is only present on the page the user visited, or in the email they were sent.
I have been programming for almost 30 years. I am extremely delighted that with one line of clear prompting I can generate 10+ lines of completely accurate code. It is very good at replicating patterns. IMO, this is the greatest advance in IDEs since intellisense. I estimate I am about 2x faster at programming than before. I would never want to go back to a world without it. Why not use it? Because all of your code has to go over the internet to a large corp who promises not to use your software against you? That risk will be solved over time with open-source, local LLMs.
We suspect that is not the real Stefan Molyneux. We will have flagging and moderation to deal with this soon. Also we will allow more auth options so people can prove who they are (twitter auth, e.g.)
Thanks for your great comments. We launched the beta only three weeks ago so it is definitely rough around the edges :) Fixing issues as fast as we can.
> Also, does anyone know what kind of regulatory upkeep a project like this requires? If a site like this operates with multiple currencies, it's essentially an exchange and probably has to register as such (they've outsourced this). However, if it just keeps user balances (not really a bank, but similar), does it have to register with any particular authorities?
We have discussed with lawyers and are sure to stay inside the law. Because all payments are p2p and we are not a custodian, the regulatory burden for us is a lot lower than many other similar projects.
> edit: your site allows a blank password, the title is "Yours | undefined" on profile pages and the menu controls to the left of the message input are very unintuitive. How do they work? Also, the profile ids are from hell:
Will fix soon. These things are already on our issues list :)
This is our first voting model. We have other models planned for favorites, liking, etc. May the best model win. We are always focused on high quality content and will make sure that's the case :)
Thank you. Hopefully we can pull it off. We have a great asset - very low fees while not being a custodian of user funds. Allows rapid iteration of the product with fewer regulatory concerns.
> That quote caught my attention. Is this kind of gambling or being a day trader? I like the mechanic that unearthing good content gets rewarded -- was that the goal? Have you found this system subject to gaming or collusion (a few people posting and upvoting content to increase the odds of getting a payout)? Do you see less clickbait getting upvoted than, say, on fb? What's the incentive for later readers to upvote an already popular title?
The vote model encourages hotness. If you want to earn money, you are encouraged to vote quickly. We will have alternate models to encourage different things soon. The next step in rating content will be something we call reviews. After purchasing content, you will be asked: "was this content worth paying for? yes/no". We believe the information we get from that will be a very good measure of quality.
> Pretty cool that you taken such a different approach. Wish you the best! I'm pretty much burned out on all social media, but will check it out regardless.
Thank you very much!
> edit: Big question what's your vig or house cut on all the money changing hands?
Currently our revenue comes from two places: The 10¢ it costs to post content and getting the first vote on all pieces of content.
> 2nd edit: I see the answer to my last question: you keep $0.10 from from each post and credit yourself as the "first voter on every post". So you get the largest cut of the cost of the upvotes on each post?
Yes. This is something we will change soon, probably by either giving the creator the first vote and then charging 20% of all votes or by giving the creator the second vote. It's important that Yours Inc. gets some of the money to prevent infinite self-upvotes. We had that problem originally.
If there were 0 fees on Bitcoin Cash, the payout to earlier voters could be arbitrarily high. It's a divergent series. Because of tx fees, there are limits. BCC has low fees, but not zero.
You know you are an earlier voter by looking at the amount voted. That is the amount below the vote button.
Spam is exactly why we turned on the 10¢ to post. Cleaned up the spam pretty well :)
We will allow subcommunities soon which will allow moderators to pick the cost to post. Low-income countries can use a very low value denominated in their local currency appropriate for those users.
Ideally we will partner with Coinbase. They already have a credit card widget for Bitcoin and Litecoin. Tell them they need to add support for Bitcoin Cash :)
If not Coinbase there are a number of other providers we can use. For global adoption, we will ultimately partner with many third parties simultaneously for this service.
Yes! We have not done and ICO and don't intend to until we can do it the real way - by putting our company equity on the blockchain, allowing it to be traded globally p2p. That will require a lot of work legally for that to be possible. No rush - we'll do it when the time is right :)
Also, on the friction of Bitcoin Cash, note that we currently have a Shapeshift integration allowing you to cash in with any crypt, and will support credit card onboarding soon. We think most users won't even know they are using crypto :)
We think that might be true. We're very market-minded and intend to give our users the power to set prices wherever possible. We'll let the natural price arise.
This is a great point. But many of these services do not let you withdraw easily or at all. On Yours, you can cash out instantly. Even if the company goes away, you can export your keys and cash out even then :)
We're very focused on creating money-earning opportunities for our users. Every time you pay you should either get some thing out of it or have an opportunity to earn money.
For creators, if you write something worth paying, you can easily generate more than the 10¢ it costs to post. If you charge 10¢, you only need one payment to earn your money back :)
Don't worry about it - you can already cash in with any cryptocurrency using our Shapeshift integration. And soon we will have credit card onboarding so you don't have to worry about acquiring crypto at all :)
Note that our app has a built-in Bitcoin Cash wallet, but it works well enough that you don't necessarily realize you are using crypto :)