confused about BAT

[Anonymous No.13455183]

Any time someone asks Brendan Eich or the Brave team why they launched their own token, they claim it is because BTC was/is too slow with high fees. But isn't this misleading? BAT activity within the Brave browser is not even done onchain. Within Brave it is centralized using a database. Therefore the same thing could be done within the browser with BTC and so the scalability/fees would not be any more of an issue than they are right now with BAT. Am I misunderstanding this or is the Brave team just using a misdirection excuse when the real reason they made their own token was simply as a fundraising mechanism?

[Anonymous No.13455195]

>>13455183
They created it for the UGP but they sometimes also state that BTC is slow to try to get normies to understand how its a cryptocurrency, like bitcoin.

[Anonymous No.13455208]

>>13455183
HOW DO I CASH OUT MY EARNED BAT WTF HOW DO YOU RELEASE AN INCOMPLETE APP

[Anonymous No.13455226]

the target market are javascript developers who hate gay people

[Anonymous No.13455258]

>>13455183
You’re right.

[Anonymous No.13455277]

>>13455183
You're just a water brained idiot if you don't understand the reason op. There's no hope for you.

[Anonymous No.13455287]

>>13455277
Maybe I am an idiot then. Why don’t you explain the reason to me?

[Anonymous No.13455302]

>>13455277
i understand i cant even cash out my earned bat...i thought i was getting incentivized to watch ads? how is this going to work IF I CANT CASH OUT

[Anonymous No.13455329]

>>13455302
By waiting dipshit. They dont call it 'investing' because you get immediate rewards.

[Anonymous No.13455337]

>more concern trolling from Gab
>"why can't I cash out my $2.00 worth of BAT"

I suppose you guys do have enough time on your hands these days

[Anonymous No.13455348]

>>13455183
Its a completely pointless token on ETH. The Browser is cool though, using it now. BATtards will defend it relentlessly though.

[Anonymous No.13455410]

>>13455183
BAT is just a temporary source of funding until Brave starts making money and if you think anything else you are a deluded brainlet, sorry

[Anonymous No.13455428]

Yes you are misunderstanding it
The final iteration will be onchain and instant

[Anonymous No.13455473]

According to Eich normal people don’t install new browsers. In other words the whole point of both Brave and BAT was to do an ICO.

[Anonymous No.13455585]

>>13455287
What's the point of explaining anything to retarded mong?? It'd be like trying to teach my dog game theory. No hope.

[Anonymous No.13455645]

>>13455226
That's literally me; though I hate faggots, not gays

[Anonymous No.13455666]

>>13455226
Wtf I love Brave browser now???

[Anonymous No.13455672]

>>13455183
Why are people still holding this funding token? The project was already funded. Move along.

[Anonymous No.13455677]

>>13455302

Chill out spaz, sorry you're going to have to wait for an update to cash out you 17 BAT pajeeta sir.

[Anonymous No.13455687]

[Anonymous No.13455756]

If you truly believe BAT is a shitcoin despite the overwhelming evidence otherwise you’re legit a fucking idiot and will not fucking make it.
It’s like that fucking retard that was so convinced ETH will never reach $10. He was that dumb and so are all of you.
He’s dead and you will be soon.
Writings on the wall. Shitcoins like Tron and Cardano went to 30b marketcap.
Buy BAT or fucking seriously hate every second of your life.

[Anonymous No.13456052]

>>13455183
Fuck Brave
They created their own token so that they can take 30% of advertising profits. That number is put in the open on their website. This company is complete bullshit, railing against middlemen in the ad business taking profits and how you pay for it with your data, yet their solution is to do the same shit except now they get rich instead.

[Anonymous No.13456080]

>>13455666
based Satan

[Anonymous No.13456239]

>>13455183
>>13455208
>>13455258
>>13455348
>>13455473
>>13456052
Just stay away, I don't think this project is for you. I suggest you use Chrome as its better suited for your needs.

>>13455337
>>13455585
> kek

[Anonymous No.13456347]

>>13456052
You’re dumb as shit
Enjoy being a fucking poorfag

[Anonymous No.13456409]

>>13455183
>they claim it is because BTC was/is too slow with high fees

You seem pretty unintelligent, so let's break this down. Brave does transactions offchain until a certain date every month, then its transactions are conducted on the blockchain in a batch.

Therefore even if Brave were to use BTC, the slowness and fees would still be an issue as soon as Brave wants to conduct onchain transactions. Imagine trying to do these transactions each month and having to worry about old man Bitcoin taking 3 days and eating up your transaction through fees.

Imagine how pissed everybody would be. People would just be like "WHY DIDN'T YOU USE [my shitcoin]?? IT'S 10X FASTER THAN BITCOIN!"

Bitcoin maximalists are so goddamn small minded, it's really kind of sad. They're (very, very) slowly realizing how useless BTC has become. It's funny watching them screech at Craig and then turn around and use the exact same arguments that Craig uses against altcoins.

[Anonymous No.13456436]

If you don't like it don't participate. There are dozens of other browsers.

What are you faggots even angry about? That a company is trying to make money with a type of business model?

You have zero skin in the game.

[Anonymous No.13456477]

>>13456409
So why not just use eth?

[Anonymous No.13456490]

>>13456436
Good point. I don't know why randoms get so angry about BAT if they don't even own any.

[Anonymous No.13456498]

>>13456477
Why would any company put something as important as their unit of exchange in another company's hands directly? In what world does that make sense? Even BTC and ETH maximalists should be able to figure that one out.

[Anonymous No.13456553]

>>13456498
Its rc20 fucking token it is in hands of eth lol.

They can get eth from ico and ads can pay in eth.

Why fucking bat token and why noone can answer this since start?

[Anonymous No.13456586]

>>13456553
It runs off of ETH because its the best platform to run on, but thats not a sure thing always. If ETH fails or falls far behind they can migrate to another chain if needed. Cant do that if you are migrating ETH from ETH.

[Anonymous No.13456652]

>>13456553
Does it matter? It's not going to change. You are ignorant about how erc20 tokens interact with Ethereum, but your opinion wouldn't matter even if you were fully informed.

Think about this carefully: why do you care? Why is this important to you? Why are you taking your precious free time to complain about it on the internet?

In my opinion, the only possible answer has to be sour grapes coping mechanism. You missed an opportunity to speculate on this token earlier, so now you feel like you need to validate your initial impression of its value by trying to coerce others into agreeing with you that it is worthless.

It is already way, way out of your hands. Biz is small get. Brave is in the wild and they don't give a shit about this tiny corner of the internet. You can watch near real time adoption of the browser and token, and the trend tells you everything you need to know.

How you personally feel just doesn't factor into anything at all.

[Anonymous No.13456840]

>>13456652
Wtf is this ad hominem cope lol


I literally asked question because im intrested are you on drugs?

I like brave btw...
And im in space since 2016 with much more skin in gamw than you i bet... Lol...
>>13456586

Ok so only point of bat token is safeguard from eth shortcomings and to stay 'blockcahin agnostic' if it needs to be?

[Anonymous No.13456864]

>>13455183
BRAVE will be usable once Tipestry is enabled for it.

[Anonymous No.13456881]

>>13455183
I used Brave once and was forced to watch a gay sex video. Never going back.

[Anonymous No.13456973]

Unlike these other coins BAT actually has a product you morons.

[Anonymous No.13456998]

>>13456973

it's a forked browser of Chrome. Lots of other cryptos are going to fork Brave.

Nobody besides NEET bagholders are using Brave for the chucky cheese tokens.

[Anonymous No.13457008]

>>13456840
Sounds about right fren, don't mind that guy he's a little confrontational because years of fud have him posting on auto-pilot.

[Anonymous No.13457027]

>>13456998
>it's a superior version of Chrome

ftfy

[Anonymous No.13457538]

>>13455348
Same here. I use the browser everyday but I ain’t brainwashing myself with ads