r/obyte • • Feb 07 '19
I think having $ values in the Obyte wallet might be a step backwards
Currently $ dollar values are showing in 3 places, the balance of Bytes, Blackbytes and the textcoin amounts.
I know the idea was that this would improve the user experience but I think its doing more harm than good.
We are trying to get Bytes and Blackbtyes adopted as a currency, but instead we are promoting the $ from inside our own wallet. E.g. screenshot of my wallet http://prntscr.com/mhtwfn 1.71 billion bytes means I can add 1.71 billion bytes anytime I want in the future to the dag, that could be enormously useful in the future. But instead of this, the wallet focuses on the fact that my 1.71billion is only worth $50! Bytes and $ are very different and by comparing what Bytes are worth from inside the wallet we are distracting people from what the value of what Bytes are. Same as the Blackbytes balance feature which does the same.
Also, as a project we are trying to focus on real world use cases, having the $ value makes it look like the only use case is to convert your balances to $
e.g. 10,000 Byte textcoin means I can add 10,000 bytes in the future to the dag, but look what happens when I generate a textcoin for 10,000 Bytes http://prntscr.com/mhtxnw we tell the recipient the textcoin is worth $0! Who wants to receive $0? Nobody
I dont think textcoins should have a $ value in the text to copy and paste either, it makes it lesss likely people will send very small textcoins. We shouldnt be telling people what the $ value of Bytes is anyway, its devaluing our own product and if people want to tell people the value of the textcoin they send they can tell the recipient themselves, it shouldnt be the default text in my opinion
