24 sats \ 9 replies \ @k00b 10 Mar 2022 \ on: deleted by author bitcoin
This appears to be a Stacks-specific fund which is fine, but that ecosystem seems very well capitalized already. I was more excited when I thought this was going to be more generally allocated.
Pretty sure this is also for purely Bitcoin-based projects too. I'll ask Trevor
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Just confirmed: it's for any Bitcoin-based projects. It includes Stacks but also any other Bitcoin startups/ventures.
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Yeah, the Stacks part makes me worried...
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I haven't dove very deep into stacks myself. People seem to be pretty upset by it though. I like that it uses a lisp for its programming language!
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I’m a developer working on Stacks myself, but my focus is still very much on Bitcoin. Happy to answer any Qs about design philosophy or anything else!
Maybe I should do a Q&A to clear up any misunderstandings. There are shitcoiners working on Stacks for sure, but not all of us.
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Last time when we looked into Stacks in this group, we had to crunch through a lot of marketing BS and we were still not really able to find out what it actually does. That was a big red flag. I think the conclusion was that it's a "buy my shitcoin" scheme with extra steps.
So we would be really interested in you writing a post with technical summary, with Q&A.
I would be interested in
- what are you doing with Stacks specifically?
- how does it work with Bitcoin (how does it actually work...)?
- what does it generally enable and why should we care?
- where are the incentives (how is the token distributed/used...)?
- etc :)
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You were right. It was a scam. Left the project in 2021 (this comment is very late) but hey, we all become maximalists in some way XD
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Yeah, most of us go through that phase. Welcome back 🫂
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