Bitcoin Forum

If you've been waiting on your chance to get in on the ground floor of bitcoin 2.0, here it is.  
  
22, Inc burst into existence about six minutes ago, and already is transforming the cryptocurrency scene forever.  
  
What we propose to do is create the next essential layer on top of bitcoin that will enable full transaction reversibility and full regulatory compliance.  
  
We will be the Mastercard and the PayPal of bitcoin, all in one.  
  
How can we make these crazy claims?  Because they are demonstrateably true!  I'm not sure if I spelled demonstrateably right.  I'm typing this on a mobile and if you accidentally misspell a word once, the autocorrdct totally locks onto that fucked up spelling.  
  
But 22, Inc. can't change that.  
  
What we can change is the scary and threatening online landscape of cryptocurrency.  
 

---

 
We propose no less than the following:  
  
- We will create an entirely new Cryptocurrency, tentatively titled the "bitdollar".  
  
- The bit dollar will be fundamentally everything that bitcoin is not: fully centralized, and fully reversible.  There will be no mining of the bitdollar.  Instead, all bitdollars will be awarded to the company in the Genesis block and nodes will immediately begin garnering rewards in a transaction fee based economy.  
  
- The client will be partially decentralized, just like a human body or government.   Nodes will be trusted to process transactions but 22, Inc. will retain master control over the blocks and must verify each block before it becomes part of the chain.  There is a three day processing time for each successful block before 22, Inc. permanently writes it to the ledger.  This may create some technical hurdles having nodes working on blocks that they aren't even sure will ever be valid.   But we will hire some smart guys to figure that part out.  
  
- Why should anyone value bitdollars? Because we will back up every ten bit dollars we issue into the economy with one bitcoin, to be held in our cold storage ultra-vault.  This way bitdollar will *always* keep parity with bitcoin.  As well, we may obtain other assets in the future that we can use as a foundation to issue bitdollars with.  
  
- How will we be profitable?  Easy.  Consumers will naturally prefer the peace of mind that bitdollars carry, and merchants will adore our mandatory arbitration practices that will put the fees those merchants pay us to work arbitrating various arbitrational arbits.  We'll also be taking a percentage of all transaction fees earned from all nodes in the network.  
  
- Bitdollars will have inherent value that is undeniable because again, we are issuing them against bitcoins.  So it's not an issue of whether people will want to use bitdollars; as we slowly buy up the supply of bitcoin and store it in our vaults, consumers will eventually be forced into the bitdollar standard.  
  
- Because of these facts we predict massive returns within the first few years of operation and to eventually become one of the most valuable companies on Earth.  
  
- We are located near to the hub of bitcoin central, the tech awash San Francisco Valley in an apartment I will be renting when I move there next week.  Also, I need to find out if San Francisco is in a valley.  
 
- We are in the process of securing venture capital.  We actually aren't really incorporated yet, it just sounds a lot cooler than 22 by itself.  
  
- We are in the process of hiring for all positions, including management, software design, regulatory compliance, catering, reception, marketing, graphic design, and cartography.   Currently we employ one part time CEO (me) but I'm considering bumping my work schedule up to full time as needed.   Shareholders will he delighted to find that my annual salary is a scant $1 and my own fortunes come entirely from 22, Inc. success.  
  
- We will be reaching out in coming months to prestigious financial institutions around the world, including Goldman Sachs, JP Morgan, Mastercard, PayPal, and more for venture capital and integration with existing businesses.  Our goal is not to replace existing payment structures, but give them an easy way to continue existing while building on top of bitcoins eventual dominance.  There is a good chance of being bought out very quickly, at which point, all investors who have invested will receive commensurate returns.... Or whatever.   I've never done this before.  That's why I'm gonna use some of the money you give me to hire a guy who has.  
  
- That's the kind of leadership you can trust.  A wise king knows what he knows, and he knows what he does not know.  
  
- We are now looking for qualified investors to pledge for our first round of venture capital.  Your first round of venture capital will be used to hire someone who understands how to legally accept venture capital, so I and the shareholders don't get arrested by the SEC.  
  
- As you can see, 22, Inc. aims for full regulatory compliance.  
  

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So what are you waiting for?  Do you have a million or two sitting around, *not* earning incredible returns?  What if that million dollars makes you a billionaire?  Do you have maybe $50,000?  What about a solid Hamilton?  Come on, stop being cheap.  This is the opportunity of both of our lifetimes.  
  
22, Inc: Infinite possibilities, and we pack more infinity between zero and one than other companies do in their entire range of numbers.
  
Fuck, we probably need to hire a slogan guy too.  
  
One step at time.  This company is only like fifteen minutes old, after all.  We'll get there.  
  
Together.

...

Put up a Business Plan (that does not include prepietary info) and/or a link to one.

You want people´s money?  Show them WHAT it will be used for.

Good luck!

So, it will effectiivelly offer us, everything we did not want, when we joined the Bitcoin community.  :o

A fiat based Crypto Currency..  backed by a failed concept --> Mastercard & PayPal. { fully centralized, and fully reversible }

Thank you, BUT NO THANK YOU... We are more than satisfied with what Bitcoin offers... Something NEW.

Mods can you please move this to the Alt coin section please...  ;)

I think he's saying he can help bitcoin adoption by offering a service layer to the masses.  good luck with the project OP.... yes you will probably need capital but you won't likely find it here.

Is this a joke thread? You want people on this forum to give you large investment money to advance an idea that is the polar opposite of everything Bitcoin. Yeah, this must be a joke thread.

Why no use bitcoin instead? Your "bitdollar" is tied to Bitcoin and be volaltile as well. It likes our centralized fiat money controlled by your company!

Read some of the other posts by the OP; this officially confirms it, he is a troll with a lot of time.

I've just decided to switch our Friday schedule to Monday, which means that the test we take each Friday on what we learned during the week will now take place on Monday before we've learned it. But since today is Tuesday, it doesn't matter in the slightest. Pencils ready!

Nah, this project is already few hours old and didn't even go mainstream yet. This is sooo 2015, I'll just wait for 23 Inc.

... Medical School.

The cotton Ginny, arguably one of the greatest innovations of the industrial revolution, was essentially a good design turned on its head. Your idea is pure serendipity sir! I commend you, however, this thread belongs in the "securities" section. Or maybe "micro-earnings"
Please choose one and move thread.

I apologize sir.   It wasn't my intention to already violate regulations this early in our company's history.  We are currently in the process of hiring a team member to research moving threads on Bitcoin Talk.  Please be patient during our initial growth phase.

Not a problem bro. We're still bringing a class action though. Nothin personal  :)

I stopped there.
I don't know what you are talking about because I didn't read any further,
but I am guessing you want people to send you money right?

Do you really think ANYONE will send you their money for an idea you had six minutes ago?
Did you research or work on your idea to see how it's going to work?

Is there a TL;DR version?
Can some one give me a brief description of what the OP is talking about?

Also, OP are you from India?

LOL!
Yeah, i think I will do the same.

Actually come to think of it, I will let a few versions slide just to see if this works (whatever it is) and then consider it.

So I am guessing I will wait till 29 Inc or 30 Inc.  :P

I think we have got our gov agency to do the arbitration for us. Why will the merchants accept your service?

I am applying for the marketing and growth strategy officer. The first thing to do is to move the headquarters to Mars, that way 22 inc WILL be the most valuable company on the planet with the second biggest economy in the solar system; not only "one of".

What's this "we" stuff? You got crabs? How would you auto-correct Kwellada?

Oh no, they have a plan to take on the biggest companies on earth.
They will slowly but steadily crush most of them and become "one of the most valuable companies on Earth".  ::) ::) ::)

LOL!
And to think that, this ingenious plan was conceived only but 10 minutes ago.
Can you imagine what could be done in the next 10 minutes or an hour?  :o

I sure can imagine.

WORLD DOMINATION!!!!!!

http://cdn2.hubspot.net/hub/274638/file-2484733140-jpg/3998596-dr-evil.jpg

MUAHAHAHAHAHAHA!

Next stop: MARS

Yeah, but in Bitcoin time that's like, a whole afternoon almost

That's right, I completely forgot about that.  :P
I sometimes get forgetful when I see BS/scammy threads in these forums.
I am alergic to BS and scams  :D

 
  
What the fuck did you say to my company, little kid?  I'll have you know I completed over 80 credits of a Computer Science degree in 2003 and have been awarded the Air Medal six times for sustained heroism in air combat.  You might have thought you were about to poke a hole in my business plan, but all you really did was make a fool of yourself.  
  
I'll have you know that generous Redditors have already invested over 41 bits through Changetip which is an infinity% increase in capital than we had fifteen minutes ago.  
  
So you just missed out.  The first venture capital is already rolling in, and as usual, you've been left in the dust.  
  
Enjoy your betamax lifestyle, simpleton.  
  
I'll be over here making history.

41 bits ha?
WOW, you can proceed with your plan now, you are rich!

Listen, chances are that you got that tip because you are amusing.
You truly are, you made me laugh  :D

Now, understand one thing, and that is that I didn't try to poke no holes, I asked you something: Did you research or work on your idea to see how it's going to work?

Sarcastic post is sarcastic. Why are people getting all serious and mad at it?

Some people can't accept humor about money.

I think he's actually serious...being humorous but still wants to create something. 

No, I don't think so. I understood this post as a parody to 21 and other projects.

Yes, I'd say joke thread.


I wonder how they intend to do that without making scamming so easy a toddler could do it. Bitcoin already has full transaction reversibility, if the recipient of funds chooses to return them. Any alternative to this involves forcibly taking funds from the recipient against their will. Think about that whenever someone whines about "full transaction reversibility."

Setting aside the joke nature of the post, there is nothing illogical about that particular statement. It is easy to build a reversible layer on top of Bitcoin, because it's easy to build reversibility on top of irreversibility. It's only the opposite that's impossible.

That's the secret behind the technology of 22 inc, and what makes it so valuable. If you become a big enough investor, perhaps we'd be able to reveal our white paper on full transaction reversibility enabled by a completely centralized ledger.

(Note that I've joined this company earlier as the Marketing and growth strategy officer)

This makes so much sense. What about adding a "claw back" feature. That way when you change your mind about a purchase you can pull your money back to your wallet!  :D

We not only have this planned in the future, but we will also roll out a revolutionary "auto-claw back" feature, that "claws back" after every purchase you make automatically. This way you don't have to waste time doing it yourself every single time.

OH.  well then, you got me!  good trolling OP.  well done.

Oh yes, that's true.  He did totally call it. 
 
So say hello to our first hire, Marketing and Strategy Officer,  "futureofbitcoin"

Why do people keep saying that? 
 
We are a professional financial corporation, 22, Inc.  That's how it should be read, and that's how it should be said.
 
Now, you can trust that when I tell you our business plan, I have arrived at that plan very carefully and it is a very good plan.  I don't expect to be questioned on this matter again. 
 

Remember, a good pitch is important!

http://lowres.cartoonstock.com/business-commerce-presentation-meeting-conference-step_plan-plan-bve0143_low.jpg

 ;D

Donated 22mil to OP. Good luck with your new venture, you crazy kid.

Same here, though I was being sarcastic my self  :P :P :P
Oh well, might as well continue this parody..

OP, I have heard that besides your ASIC toasters you are working on a new kind of coin mixer / money laundry device.
I heard that you will create washing machines that will accept all kinds of crypto currency, then mix it and wash it well.
By the time it comes out it's like it was just mined.

is that true?  ::)

That's nice. If you have full control over the processing of blocks I think I'd much rather stick to fiat where I can use it anywhere (via Visa/MC) and I don't have to worry about you guys randomly disappearing one day. Your idea is pretty much just a worse version of fiat - at least the government is somewhat accountable (via elections) and is not anonymous.

As to venture capital - if you really want to do something you'd be better off pitching to venture capital firms rather than here, doubtful anyone will donate to your cause.

LOL

He got you too, didn't he?
Check out the previous posts above yours.
The OP made a parody of 21 Inc.

To quote our CEO, "we are a professional financial corporation". You can use our bitdollars anywhere in the world. Bring your laptop to Antarctica if you like, it will still be there. You don't have to worry about us disappearing, as we are a professional financial corporation. Even if we disappeared, our bitdollars will still be on your computer.

Ahh, you got me there too you little rascal.
Indeed good trolling.
Well played.
Continue....

Made me laugh, +1

i stopped here, and i want to ask you besides if your post is a trolling attempt or not, why the reason in making a clone(or semi-clone) of bitcoin , everytime i see people that want only to make a copy of bitcoin, instead of accepting it and live happy, there is nothing really flawed about bitcoin tech, everything work perfectly, just the no demand isn't there because of some fud here and there

yeah i know all you guys have lost the train and you want to be like an early adopter, but i think you should get over it already

You should have continued.
I stopped at some point too, but then I learned that the whole post is a parody of 21 Inc.

Quite funny too  :D

It's a measure of how poorly conceived and executed many altcoins are, that so many experienced bitcoiners here are being taken in by this parody. In other words, many of the altcoins are little better than parodies themselves, so even experienced bitcoiners can't tell the difference!

This post reminds me of the ending of 22 Jump Street.  Not bad OP, not bad.

A for effort!   :D

http://assets.fabfitfun.com/wp-content/uploads/2014/09/23-Jump-Street.jpg

Thas is actually very good for Bitcoin!! I was wandering if they would back their crypto with bitcoins or fiat in the bank.

Their slogan is "Bitcoin is a protocol" so I thought they are dropping the idea of bitcoin as coin,