Tone Vays AMA ON Steemit Thursday December 22nd, between 7 to 8 PM Eastern.
Please follow @madbitcoins on Steemit, he will be the neutral moderator between the Steem community and Mr. Vays.
Thomas Hunt the host of the MadBitcoins show Will make a Steemit post on Thursday, a few hours before the Google Hangout which he will host with Tone Vays, and take questions from the post comments to be asked on the live show.
The AMA will not be a direct interaction on steemit, but rather a go between. Questions can be asked live when the show is taking place on YouTube. The Steemit post will allow people who can not be around when the show takes place to ask their questions in advance, and have them answered by Mr. Vays on the live Show. There will be links provided by @madbitcoins on his post. To watch the show live or later as a recording for those who miss it.
I wanted to provide Mr. Vays with an account that he can use on steemit for the AMA, but he insisted it be done through a neutral moderator. Which is fine, but I still hope that one day Tone Vays will accept my offer to make an account on steemit, and add his blogs to our blockchain, where he can access them freely and instantly any time.
Charlie's blog site geekprison.com is built by @jesta and pulls it's data directly from the blockchain. There are a few sites that have different front end UI from the one we see on Steemit, and they all show and share the same content and data stored on the blockchain in different formats.
Why Tone Vays:
First let me introduce Mr. Tone Vays in his own words:
Short Bio (Used for Speaker Profiles):
Tone has been working on Wall Street for almost 10 years starting as a Risk Analyst at Bear Stearns and later becoming a VP at JP Morgan Chase in the aftermath of the 2008 financial crisis. His expertise is in Economic Trends, Trading and Risk Analysis. Ever since getting involved in the Crypto Currency ecosystem in early 2013, he has been very active in spreading the relevance and importance of this technology as it helps promote economic freedom. He was formerly Head of Research at BraveNewCoin after previously writing about trading and economics at CoinTelegraph. Tone also maintains a personal blog LibertyLifeTrail focused on sound economics, privacy, free-thinking and adventurous travel. Tone holds a Masters Degree in Financial Engineering from Florida State University along with Bachelor Degrees in Mathematics and Geology.
Now let me tell you why I have chosen to invite Mr. Vays to do a steemit AMA, the answer will certainly surprise you:
- John Turturro
Yes, New York being my hometown, the first time I heard Tone Vays speak on YouTube, I thought John Turturro has chosen a new career. He so much reminded me of this scene from Do The Right Thing:
Tone Vays, deep down inside I think you wish you were a Steemian:
From the last few interviews he did, and I do listen to all of them, he has some misconceptions about Steemit. I do not believe for a minute Vays is a troll or harbors any grudges. But the straight out attack on Dan Larimer makes me wonder. I was surprised by him taking a role of "Scam Buster", I wish instead he created a blog with Fact Checking.
When you go into a debate with title like scam buster, you have already set yourself as an opponent who is not willing to admit he is wrong, and declared that you have chosen a side regardless of any fact finding. I would rather see Tone Vays fact checking instead with an open mind and willing to admit he is wrong like he said in this interview.
When the time is right, Tone Vays will Do The Right Thing. A lot of us who got introduced to bitcoin early have a hard time accepting the fact that in the future better tech is possible. Does Mr. Vays use silver and gold coins to pay for his coffee or any of his expenses! most likely he uses a paper currency called the US Dollar, although Gold is much better as a store of value it's not practical for use as an every day currency in our times.
When I looked at the first few altcoins I remembered something that Bill Gates had to go through before Microsoft launched Internet Explorer. Although Microsoft was the leading company at the time, the world wide web was new, Bill Gates was not convinced this technology will ever go anywhere. The story goes that some techies at Microsoft provided him a computer with Netscape Navigator and connected to the internet, he spent a few hours in his office surfing the world wide web. A few days later Microsoft acquired an infant company with an internet browser that was later renamed IE.
To me a bitcoin maximalist is someone who still uses gold coins as currency in real life, plays 8 bit Legend of Zelda on his collectible NES, and when things do not go right he is willing to blow air a few times in the cartridge thinking he fixed the bug.
The term is really self destructive, someone who was willing to adopt a new technology called the blockchain, and accept Bitcoin as a safe storage of value just a few short years ago, is now condemning anything new that may present a "better choice for a different purpose". So Bitcoin is great in so many ways, a breakthrough by all means. Can bitcoin store content on the blockchain? and serve it on demand? The answer is simply no.
If there is no room for anything other than Bitcoin, then there was no room for Microsoft when we had Apple. Are you still communicating with BBS boards, or are you using Twitter/Facebook/IRC/Slack... ?
Conclusion:
Tone Vays can call himself what ever he wants, a scam buster, a maximalist, Bitcoinist... but he as a public figure and speaker has to keep an open mind. For him to go to conferences and educate people about a "new" technology called the blockchain, he has to remember that he will be met by someone in the crowd that will call it a scam without checking any facts. That's why a public speaker needs to address facts not fiction and be very careful about throwing accusations without any material to support it. I am not defending Steemit by saying this, Steemit has issues, so does Bitcoin. It is not far ago that the only thing we heard from the anti Bitcoin evangelists was "Bitcoin is a scam, only used by Drug Dealers and Drug addicts".
Again I would like to invite you Mr. Tone Vays to experience Steemit first hand. Get a feel of having your words stored on a blockchain. You are not defending Bitcoin by dismissing any new tech and Eco system that is built around a blockchain, in fact you are doing quite the opposite by telling people a blockchain can only serve one purpose.
@ned and @dan did a good job correcting some of the misconceptions about Steemit. I think the steemit community also deserves some time to ask you Mr. Tone Vays some questions and get some answers. Thank you for accepting the challenge.
Very well said @joseph.
In my opinion this is getting ridiculous. Appearing out of no where to call a new blockchain project for a scam while promoting the first blockchain is a double-edged sword.
I'm starting to think this is just his way to "appear in the spotlight" and make himself more known in the cryptocurrency-scene. He is probably feeding on the attention he gets by calling Steemit a scam, continuously doing it (even after the debate)
I am glad no one out of his fake 4000 followers gives a shit about his tweets. (2 likes with 4k followers, nice 0.0005% ratio, Tone) Which is probably the same percentage of knowledge and truth he spits about block-chains.
Then again, bad publicity is still publicity, if Tone Vays has to be the guy that makes everyone else believe in Steemit and see the potential, then fine by me. (reminds me of the Westboro Baptist Church conspiracy people talked about a while back - show the world how some people are that take it to the extreme so the rest will realize how ridicilous homophobic and hate speech/activity is)
I don't even mind if he does get infamous for it, I'd welcome him to the platform and probably read his stuff once he starts writing facts.
Anyway, I just get really really frustrated by this stuff. I've had real life friends come up to me and tell me about Onecoin and how they have invested in it, took me 5 minutes as a cryptocurrency enthusiast to learn that Onecoin is a flat out Scam and people invested thousands of their money on it. Instead of making them more aware of that he runs around calling everything a scam (Steemit, a site that costs you NOTHING to sign up, earn and learn about crypto's (Onecoin's gateway to scam people was having them pay for "education" and different starting packages), calling Dan Larimer a scam-artist for BTS and everything he has done for block-chain technology and its awareness... it's just getting too much.
I really hope for his sake he apologizes after the jig is up, whatever the jig is.
'Nough said...
I listened to the debate this morning. I never heard of Tone Vays before that. The guy was completely misinformed about Steem. He didn't research anything recent. It was a joke. And he feels the need to scream all the time wich I find very irritating.
I believe Steemit is growing perfectly fine on its own and it doesn't have to prove anything to anybody. The fact that you don't have to invest any money here to use this platform says enough.
Let this guy sit on his bitcoin mountain while others shape the world.
YES :)
He is basically the only fudster steemit has.
I would consider that statement inaccurate. ;)
Oh, I don't know. The guy is fairly hilarious. He quotes Satoshi chapter and verse style and doesn't really get what is meant because he doesn't get the code part.
It's like someone took a southern Baptist and replaced the Bible with the bitcoin source code.
Also, yeah I'll read the AMA, might be more interesting since he will have time to use google this time around and hopefully prepared himself better than his last 3 appearances accusing the platform for a scam with nothing of value to back it up with.
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I think it's a bad idea to promote this, Tone Vays is the last person on earth we should be giving attention in regards to steem. This may be entertaining, but in the big picture I don't see how it can be good for steem and it's new users.... Tone Vays = Old Ways
on the contrary, you should always be prepared to face your most vocal opponent, and be ready to debunk what he says. Some of his concerns might also be genuine, and deserve a proper answer. No need to dismiss anyone.
Edit: I am also planning to promote @madbitcoins post on Thursday.
I think this is only partly true. Many who are vocal opposers aren't worth the time and should be marginalized. There's a sense in which detractors are validated by being given attention.
I don't put Tone in this camp though. He's proven to be very sharp. In this case he seems to have a chip on his shoulder though. Hopefully he can step back, ditch the pride and rhetoric and engage with humility and in a truly meaningful way. If he doesn't I wouldn't be surprised to see him summarily dismissed by those who have a decent understanding of Steemit.
Ned already dropped the microphone on this asshole, it's time to move on
It's always good to listen, and if you want others to listen to you, you need to listen to them. A civilized debate is the only means to correct a wrong. If you dismiss everything he says straight out as a falsehood, then you can't blame him for doing the same.
Ask Tone Vays anything about steemit, c'mon man.. worst idea ever
A civilized debate... yeah right
Believe it or not there are a few New Yorkers willing to admit they were wrong and change their mind. I have not met many, but they are out there.
I have been listening to Tone Vays since 2015, I know how he operates, if the conversation is not about Bitcoin, he does not care what you have to say, his mind will never change, I guess I can look forward to 10 cent steem if this AMA is widely publicised
If STEEM's price is determined by Tone Vays (or anyone else's) comments, then your 10 cent expectations are way too high (HINT: they are).
You should be expecting STEEM at less than 1 cent since it allegedly can't even stand up to some criticism from someone "spreading FUD" (as he's been accused of doing).
Or perhaps Tone is simply being used as the scapegoat for a cryptocurrency that was pumped by hyper's and overvalued by n00bs. Maybe STEEM was always worth .01-.20 USD. Maybe not.
Tone's work is done. He has no need to continue commenting on STEEM, because according to his own analysis ... he (and everyone else who's been in crypto for a few years and knew what would happen) appears to have been correct.
Now we simply wait to find out the pump & dump range for STEEM and play the game accordingly for the next few years. ;)
I'll post my prediction first (since I've already spread it far and wide in chat for months) ... we will see STEEM traded between .01-.10 for a bit, then when some announcements come along we get to venture into .10-.25 territory until reality sets back in and then we're back playing around with each other at .05-.15, only to go back to .01-.10 until the next news cycle.
110% agreed craig
I stick by my conclusion that for many critics it is best to say that every startup will fail...except for the ones that give u a big cut or something else you dearly desire. Then promote a behemoth that has already "made it". Then attack it if it fails...and also never forget to keep attacking other things statistically likely to fail (very important).
Do that and you can say you have a near 100% record...and get people who follow you and say "man he is always right" to buy the coins you do hold citing your past accuracy. I really have the suspicion tuck that u dont listen to him talk much. I must say it is a brilliant scheme though.
I do agree steem could go to .05 each or lower though....though i doubt it will be for ling if/when it does.
I agree with this very much, I just think after a couple of failed tries to debate anything of real value or concern about the platform due to not enough knowledge about the subject gets a bit old. I'd very much appreciate others to do AMA's on Steemit too and hope they will.
I agree. Vays had his chance a couple of times and he doesn't have basic knowledge of how this platform works or how the ecosystem fits together. Anyone with a reputation of 55 on Steemit has more knowledge about the subject than him.
It is like arguing with a moon hoax believer or me playing 1 on 1 basketball with a 3rd grader. There is no point.
Wait, we went to the moon?
Dude we have moon bases with death rays on the dark side...working with frigging aliens. Where have you been?
@officialfuzzy
Anyone remember that website back in the day that was selling those moon photos allegedly hidden from the public with the obelisk or monolith, moon base and bridge over the crater?
I have the entire set. Masterful work! :)
Agreed. He is not open minded at all...lol
I disagree. Simply because his opinion is opposite from yours does not mean he is close minded. His research and education brought him to his conclusion and he expressed it, rather convincingly to some.
Some comments in this thread could be considered "close minded" by such a standard, since they can't dare even consider that the information he provided had some facts backing it up (and it did).
Sure he's into Bitcoin more so than any other cryptocurrency, but I don't see Tone as someone that will attack anything that's not Bitcoin, rather I see him as someone who see's Bitcoin as the standard and he's yet to find anything else that meets that standard by his definition.
He's obviously looking. No one in their right mind would set out to research a crypto's white paper like he did unless he truly had some interest in the project, but ended up not liking what he saw when it came to the economics.
This is just my "open minded" opinion. ;)
Ironically at the time when he first put down steem, he misquoted steems whitepaper. So his talking about reading up on the whiteoaper actually and obviously hapoened after i berated him about it in the comments of one of his videos.
He also generally attacks dans character and past "scams" rather than focus on ther actual merits of his arguments. Just because others who attack all things not pow (or nicely loading the pockets of a shill) might agree with him doesnt validatr him as having an open mind.
What reveals an open mind is someone who can argue both sides of an issue with inclusion of their own points. I dont really hear this from him. I will say though it was nice to not hear the word "scammer" thrown at dan all over the place.
Don't get me wrong, I was the first to call Tone out during his very first broadcast (tiaao) concerning STEEM on WCN. I'm not certain, but calling him out in the YT comments (as I'm sure others did as well) may have had something to do with his critique of the whitepaper.
Good for him! It's good that someone is going over it critically, even if the result turned out to be a borderline hit piece. I'm not sure if you're aware of it, but I also publicly called for Dan/Ned to address Tone head on before he was left unchecked for too long.
There is no such thing as bad publicity, but when there's too much publicity on your shortcomings left unchecked it can (and usually will) have negative results, which in this case I believe it did.
Which is sad, but it did open up things for debate and changes were made. Although those changes did not apparently sway Tone in any way whatsoever, people who are pro-STEEM seem to like the changes and perhaps others who were on the fence fell to this side.
So it's a win-win. Tone still gets to complain about STEEM and most Steemians appear to be happy with the changes! :)
But if any one persons opinion can sway the price of a crypto, then something is definitely wrong. What does that indicate about STEEM? And if it's not the comments of one person driving the price down, then it's something fundamentally wrong with the approach that is still not solved.
Or is it what I said before ... STEEM was always worth .01-.20 USD?
;)
Im glad you keep coming back man. ;)
I personally wish steem was a bit more distributed and i think this will force the price far lower than it needs to be until this is evened out.
For the record i agree with you on more fronts with tone tha i disagree. Ironically ned fi alky wanted to do a debate with him likeo ths after costantly saying he prefers to ignore him. I am 100% i agreement when ned drops the mic without answering a question...it is terrible pr. Especially with someone who does have a decent (though waning) influence in crypto.
But then again steemit incs majority stake holdings coupled with a willingness to change the rules of the blockchain has opened a great deal of this up...
I like steem though and cant really blame dan and after his experience working free for so long there.
Agreed, he's nothing but an ignorant, professional troll.
Sorry, not gonna give you a vote on this one @joseph.
Well said. It will be interesting to see how it goes. Either way I think will be good publicity.
Change of plans. I will be the neutral moderator between the Steem community and Tone. I will have something posted on my Steemit Blog soon. Stay tuned... and yes Tone can confirm this. Thanks- Adam
https://twitter.com/ToneVays/status/812004701155852288
Disclaimer: I am just a bot trying to be helpful.