Bitcoin Forum

Should we institute something like the Better Business Bureau for Bitcoin companies?

Companies sign up on the BCBB website and allow users to post any problems they have had with the company along with any resolutions.

The company pays the site for accreditation, users get to check out a company before using them and the decent companies get more users.


(I would say just go with BBB but they are not international, and they may not understand how Bitcoin companies work)

Yeah man great thought bitcoin business bureau,  seems interesting and it will work wonder in customer's protection specially for the ponzi schemes and all in general.Will look forward for this btw are you implementing this idea???

Love it

a decentralized currency to a centralized Bureau  ? doesnt this contradict the whole idea?
"The company pays the site for accreditation , users get to check out a company before using them and the decent companies get more users." bitcointalk.org ?  + a bitcoin "foundation" ?  = not a good idea to my opinion.
You could easily reserve a section here a bitcointalk to post about credibility of each company

That is something DATA is trying to do.

http://info.datauthority.org/wordpress/

Also the Bitcoin Foundation Just hired major players in Washington.  A lobbyest and a PR Executive.  That could be good news.

http://www.coindesk.com/


I think we need a grass roots, decentralized, peer to peer group.

If anyone is interested PM me.

Yeah what a wonderful idea! After all it is not like we have enough problem with the foundation, let's create another organization! Double the organizations, double the problems  ::)

Learn to WoT (http://bitcoin-otc.com/).

I did not realize I could go to the Bitcoin Foundation to check out Bitcoin companies and complain about problems. Thank you for the info, do you have a link for this?

You can't.  The Foundation still has the inputs.io logo on it's "Members Page"

I think WoT is a far better solution than the BBB model. BBB is just another box businesses check, with a pretty bad rating system that does not reflect the business.

A rating = Avoid.
AA = Might be okay.
AAA = This is an average business.

I've seen some businesses do worse, but an "A" rating is a complete joke to acquire. Pay your fee, get a sticker. It is meaningless. We need something better than the old way of doing things.

The proven model that gave us pirate@40 and other such luminaries.

Yes, there are upstanding people rated highly on the WoT as well. But it does not seem to be a definitive indicator.

I would tend to not trust any ratings from any biz rating organization - bitcoin or otherwise. In my experience, the BBB is a useless shakedown agency with meaningless ratings.

Could be worse - at least it doesn't have the power of law behind it.

I just got into a shoe box to think.. I will update when i get out of the box..!

it could be the solution of many problems and maybe government could accept it like a mean of regulation, who knows

That some people misunderstand how the WoT is to be used (https://bitcointalk.org/index.php?topic=110861.msg1227871#msg1227871) doesn't make it any less than the correct tool.