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  1. Sean Tilley (dsh@deadsuperhero.com)'s status on Wednesday, 24-Jan-2018 16:42:39 EST Sean Tilley Sean Tilley
    Just saw this on BountySource's website. Honestly, it's kind of depressing to think that a simple service such as this wasn't able to turn enough of a profit to sustain itself. That it had to be bought out by some stupid blockchain company and a bunch of beard-twirling venture capitalists is doubly depressing.

    Here's some soulless marketing-speak from CanYa's PR:

    CanYa has acquired the majority stake in the online P2P software platform Bountysource and its 46,000 users

    CanYa has again raised the bar for ICOs following a major acquisition of Bountysource and its passionate 46,000 open-source developer community. In a world where most ICOs (and traded cryptocurrencies) have no product or user-base, this move is unprecedented.


    Fuck you CanYa for shoehorning your crappy blockchain and digital tokens into a perfectly good platform for paying out to FOSS projects. Fuck your callous press releases, your heartless emphasis on technologies that don't solve anything, and your shitty altcoin that no one needs. Thanks for forcing it on a bunch of people who weren't really all that affected by any of the problems you aim to solve.

    At this point, it may make more sense for the Hubzilla project to eventually use their own commerce system for community donations, to replicate the very functionality that we were using BountySource for.
    In conversation Wednesday, 24-Jan-2018 16:42:39 EST from deadsuperhero.com at 37°47'2"N 122°23'50"W permalink
    1. Sean Tilley (dsh@deadsuperhero.com)'s status on Wednesday, 24-Jan-2018 17:22:50 EST Sean Tilley Sean Tilley
      in reply to
      To be fair, bountysource had some serious problems before the merger and I have long suspected underlying solvency issues and a bit of a pyramid based financial structure (future inflows appear to be used to payout past obligations). The situation has not improved since the takeover and as a result they have lost my trust completely. Latching on to the blockchain bubble doesn't give me much confidence in the long term prospects either, as that bubble is showing some signs of stress and hints at the underlying motivations.
      In conversation Wednesday, 24-Jan-2018 17:22:50 EST from macgirvin.com permalink
    2. Sean Tilley (dsh@deadsuperhero.com)'s status on Wednesday, 24-Jan-2018 18:02:59 EST Sean Tilley Sean Tilley
      in reply to
      @dsh  Im not sure Id be so charitable.  They made good money by appearances, and just sold out.
      In conversation Wednesday, 24-Jan-2018 18:02:59 EST from community.highlandarrow.com permalink
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