Automating the Sale of STORJ – Is It Worth It?

[jammerdan]

@RecklessD

Where as, services like Wise, ofx, torfx use Real Money, straight into your account.

And many more. The internet is basically full of them like www.payouts.com, www.trolley.com, www.thunes.com, www.tipalti.com.

@Vadim

you All forget that storj pay to people in 100 countries or something like that amount.

That is not an issue:

1. This is what those specialised companies are specialized in, moving small armounts around the world
2. Look at the top 50 SNO countries from https://storjnet.info/ and name the ones except Russia where sending money to is an issue.
3. Using a specialized country money can be send as the node operator wishes. This can include: Cheque, bank account, gift card, Paypal and other exotic payment forms like mobile wallets like WeChat Pay or even by cryptocoins. The SNO can choose what suits him best.
4. You seem to believe that Storj would have to pay all SNO the same way. This is not the case.

@arrogantrabbit

And while you are right, we as operators have agreed to this, does not mean we can’t be pissed about this, nor express the dissatisfaction with this token circus.

Exactly. It’s a circus that is totally not required. But Storj doesn’t want to hear that. Still it puts strain and every possible that is associated with this payout process onto the SNO. EVen the risk that due to volatily the SNO receives much less than he has agreed to.

@snorkel

Just one single tweet and the Storj token goes to Mars in a day.

Why is this desired for a token that is used as a tool for doing payments? From the Storj Token Sale Terms

(d) You understand that the Tokens confer only the right to provide and receive Services in the Network and confer no other rights of any form with respect to the Network or Company or its corporate affiliates, including, but not limited to, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights;

(e) You are purchasing Tokens to provide or receive Services in the Network and to support the development, testing, deployment and operation of the Network. You are not purchasing Tokens for any other uses or purposes, including, but not limited to, any investment, speculative or other financial purposes;

The Storj token was never meant for and sold for speculation purposes. And it defeats the purpose of being used as payment if the value is fluctuating.

@RecklessD

What’s the benefit to makeing it more difficult than it needs to be?

It is a hassle and we all know it. That’s why Storj customers can pay with fiat. Otherwise Storj would have even less customers because no normal enterprise would be even thinking of going through such a process to store their data.