Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: old_engineer on October 14, 2011, 01:36:20 AM



Title: Occupy Wall Street General Assembly Money Bomb!
Post by: old_engineer on October 14, 2011, 01:36:20 AM
I just donated 50 bitcoins to the Occupy Wall Street General Assembly fund.  Anyone want to help me with a money bomb that might generate press?

Fundraising numbers are announced every day at the General Assembly meetings, and a big haul from bitcoin donations WILL get noticed.  There are many journalists right now looking for a different angle on the protests, and this is probably the easiest way to generate press right now.

The General Assembly fund has pulled in about $75,000 so far over the 27 days of the protest (the other $75k was for the Occupy Wall Street Journal kickstarter campaign).
http://money.cnn.com/2011/10/13/news/economy/occupy_wall_street_money/

That's less than $3000 per day, and credit card donation processing company cut them off at one point.  If we can break 1000 bitcoins, I'll bet a bitcoin that we get a press mention, and perhaps even whole articles.

Donation address is in my sig.  276 bitcoins has been donated as of the time of this writing (my coins haven't cleared yet).

Let's do this!


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: evoorhees on October 14, 2011, 02:10:37 AM
Sent a coin. Maybe it'll teach those socialists that voluntary charity can work instead of coercion  ;D

Side note: google'd the payment address - over 600 results. You can see lots of interesting places around the web where this is being discussed.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: phillipsjk on October 14, 2011, 02:28:22 AM
Google claims lots of results, but by the time you get to page 14 it says:
Quote from: Google
In order to show you the most relevant results, we have omitted some entries very similar to the 140 already displayed.
If you like, you can repeat the search with the omitted results included (http://www.google.ca/search?q=1Q7DQVTubbUqr5by2YoZJRKCEzj9D3LQ9w&hl=en&prmd=ivns&filter=0).

Many of the suppressed hits are from blockexplorer.com.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: FlipPro on October 14, 2011, 02:45:47 AM
Sent some coins :)


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: FlipPro on October 14, 2011, 02:50:03 AM
Sent a coin. Maybe it'll teach those socialists that voluntary charity can work instead of coercion  ;D

Side note: google'd the payment address - over 600 results. You can see lots of interesting places around the web where this is being discussed.
There is no ideology pegged to Bitcoin. The sooner "Libertarians" and "Socialist" realize this fallacy the better.



Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: jjiimm_64 on October 14, 2011, 03:23:45 AM
I sent 2 coins to #feedtheprotest    and 5 coins to  The DONOR thread: https://bitcointalk.org/index.php?topic=45943.0

Tue 11 Oct 2011 03:41:54 PM GMT    Withdraw    Bitcoin withdraw to 1EUqkFmL9HNpBRvbWRAqCiUjepaR7Vbryp    2.00000000 BTC    
Tue 11 Oct 2011 03:43:28 AM GMT    Withdraw    Bitcoin withdraw to 18E7852e1q3UFHjyNwddzydJ4uv7ZY2t7b    5.00000000 BTC    


now I send 1 to this thread...  yes, having a ton of bitcoins in a fund may get the press rolling

Fri 14 Oct 2011 03:23:12 AM GMT    Withdraw    Bitcoin withdraw to 1Q7DQVTubbUqr5by2YoZJRKCEzj9D3LQ9w    1.00000000 BTC    



Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: tvbcof on October 14, 2011, 04:39:16 AM
Sent a coin. Maybe it'll teach those socialists that voluntary charity can work instead of coercion  ;D

Side note: google'd the payment address - over 600 results. You can see lots of interesting places around the web where this is being discussed.

Addy looked legit as best I can tell.  Sent them a few coins.

In order to show my gratitude, evoorhees, I'll drop a coin on Cato as soon as they accept them.  And another one on 'stop-the-beaners-at-the-borders' with a nod toward WiseOldOwl ;)


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: old_engineer on October 14, 2011, 05:00:11 AM
Side note: google'd the payment address - over 600 results. You can see lots of interesting places around the web where this is being discussed.

Good point - it's good to see that the OWS-bitcoin link is picked up on in various forums.  Too bad blockexplorer doesn't have a hit counter per bitcoin address.

Another place to look for media is on google news, where

"occupy wall street" kickstarter (https://encrypted.google.com/search?aq=f&hl=en&gl=us&tbm=nws&q=%22occupy+wall+street%22+kickstarter)

turns up 73 articles, whereas
"occupy wall street" bitcoin (https://encrypted.google.com/search?aq=f&hl=en&gl=us&tbm=nws&q=%22occupy+wall+street%22+bitcoin)

turns exactly ONE result, an NPR blog entry on October 5th:
https://www.npr.org/blogs/thetwo-way/2011/10/05/141089001/occupy-wall-street-gets-union-backing-approval-rating-tops-congress

If we can get to 1000 bitcoins, this highlight will likely be mentioned in almost every in-depth article about Bitcoin.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: evoorhees on October 14, 2011, 05:39:38 AM

In order to show my gratitude, evoorhees, I'll drop a coin on Cato as soon as they accept them.  And another one on 'stop-the-beaners-at-the-borders' with a nod toward WiseOldOwl ;)


LOL  ;D


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: Indemnified on October 14, 2011, 06:22:19 AM
Just sent 5.0 btc.  Hope this helps. Stay peaceful in the morning! Violence is not an option for a succesful transition to the new paradigm.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: S3052 on October 14, 2011, 06:46:36 AM
sent 15 BTC


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: old_engineer on October 14, 2011, 11:10:55 AM
Sent a coin. Maybe it'll teach those socialists that voluntary charity can work instead of coercion  ;D

Side note: google'd the payment address - over 600 results. You can see lots of interesting places around the web where this is being discussed.
There is no ideology pegged to Bitcoin. The sooner "Libertarians" and "Socialist" realize this fallacy the better.

Agreed - bitcoins are just another financial tool, fundamentally agnostic about how they are used, but they have several anti-authoritarian properties that many ideologies should appreciate (or fear).

And speaking of ideologies:
In order to show my gratitude, evoorhees, I'll drop a coin on Cato as soon as they accept them.  And another one on 'stop-the-beaners-at-the-borders' with a nod toward WiseOldOwl ;)

WTF, Cato doesn't even accept bitcoins?  And sure enough, they don't (https://www.cato.org/support/donate.html).  This seems like such a no-brainer... perhaps EFF's lead set a precedent for Cato?  Cato even published a half-assed (http://www.cato.org/pub_display.php?pub_id=13388) article about bitcoin back in July.  Any group like Cato with one of the Koch brothers on the board has deep enough pockets to fund a defense of bitcoin, unlike the EFF.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: o on October 14, 2011, 11:16:46 AM
Few bucks sent


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: sveetsnelda on October 14, 2011, 04:15:01 PM
10BTC sent.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: tvbcof on October 14, 2011, 04:49:01 PM
I hope that it is possible to make the point that, as a percentage of the currency base, the donations in Bitcoin have been fairly generous compared to that of USD.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: wareen on October 14, 2011, 05:05:58 PM
There is no ideology pegged to Bitcoin.

That may or may not be true.

Quote from: Genesis Block
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
Satoshi is not Bitcoin and some plaintext in the blockchain is not Bitcoin either - Bitcoin is just applied math in a computer network.

Really, Bitcoin is about as political as the average open source project. Sure, to some people everything is political, others just use the free stuff for their needs and are happy :)


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: RodeoX on October 14, 2011, 05:11:43 PM
I have sent some already, but when I get home tonight I'll kick in some more.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: Disposition on October 14, 2011, 05:53:37 PM
that link, as stated on the site, is managed by the Live Stream group of GA, and currently plays no role in GA as a whole.

Yifu Guo is working on with the Finance, Food and Open Source group to get Bitcoin integrated into OWS in a meaningful and helpful way.

Just an FYI: but calling it the "Occupy Wall Street General Assembly" is rather misleading.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: cbeast on October 14, 2011, 07:04:21 PM
There is no ideology pegged to Bitcoin.

That may or may not be true.

Quote from: Genesis Block
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
Satoshi is not Bitcoin and some plaintext in the blockchain is not Bitcoin either - Bitcoin is just applied math in a computer network.

Really, Bitcoin is about as political as the average open source project. Sure, to some people everything is political, others just use the free stuff for their needs and are happy :)

Quite the opposite. The core of all political systems is the banking system. Private for-profit central banks are anathema to freedom. Satoshi Nakamoto obviously developed bitcoin as a technological solution to the problem with private for-profit banks. The bitcoin computer network may evolve into different forms, but fundamentally it will be decentralized.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: old_engineer on October 14, 2011, 10:50:37 PM
that link, as stated on the site, is managed by the Live Stream group of GA, and currently plays no role in GA as a whole.

Yifu Guo is working on with the Finance, Food and Open Source group to get Bitcoin integrated into OWS in a meaningful and helpful way.

Just an FYI: but calling it the "Occupy Wall Street General Assembly" is rather misleading.

Thanks for the heads up, but are you sure?  This page seems to indicate otherwise:
http://nycga.cc/2011/09/19/bitcoin/

"Our donation needs at present include for food, gas and internet service.
The link above is for the general fund and can be applied to any need. We will soon have bitcoin addresses for specific funding needs."

I personally don't mind if donations end up earmarked for the Live Stream group - it's just one of many OWS expenses - but I do like to be accurate.

edited to add: I've emailed Martin at the address listed to see if I can learn more.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: old_engineer on October 14, 2011, 11:52:00 PM
I received confirmation that all donations go directly into the GA fund, and also great news that he'll try to keep them in the economy (GA approval pending, of course - no amount over $100 can be spent without GA approval IIRC).

Martin's reply in full:

"Thank you for your effects on fund raising, your effort are appreciated. Let me know if I can do anything to help.

All funds will go directly into the general fund.

I'm also advocating to keep the bitcoins in the bitcoin economy so if given approval I think a disproportional amount for bitcoins will go towards tech things like hosting, VPN's and other services that can be directly bought with bitcoins.  This said it will still be viewed as part of the general fund.

 "We've raised about another 100 bitcoins, or $400, in the past day."
It is almost overwhelming to see people helping out! This is so very encouraging!

Keep Fighting,
-Martin"

We've been noticed, and we're creating hard numbers that can be used to justify the use of bitcoin.  Lookin' good!

I'll match all donations in the next 24 hours, up to a maximum of 60 more bitcoins, which would bring donations up to an even 500 bitcoins.  Donations are at 379 bitcoins right now.  Any takers?


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: jjiimm_64 on October 14, 2011, 11:54:31 PM
as soon as I get home, I will send more....  awsome .


edit:   5 btc sent!


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: sveetsnelda on October 15, 2011, 01:14:08 AM
Another 10BTC sent.  Let's do this thing.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: jjiimm_64 on October 15, 2011, 03:57:23 PM
I dont know exactly when the 24 hours started.  but at least 15 were added.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: old_engineer on October 15, 2011, 10:27:18 PM
I dont know exactly when the 24 hours started.  but at least 15 were added.
At 379 now, 18 more than from my challenge email, so it looks like I can match _all_ bitcoin donations to the address, not just those on this thread.  Final call, any more donations before I match?  I suppose all donations are timestamped in the blockchain, yet another handy thing about bitcoin transactions.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: Disposition on October 15, 2011, 11:52:48 PM
I received confirmation that all donations go directly into the GA fund, and also great news that he'll try to keep them in the economy (GA approval pending, of course - no amount over $100 can be spent without GA approval IIRC).

Martin's reply in full:

"Thank you for your effects on fund raising, your effort are appreciated. Let me know if I can do anything to help.

All funds will go directly into the general fund.

I'm also advocating to keep the bitcoins in the bitcoin economy so if given approval I think a disproportional amount for bitcoins will go towards tech things like hosting, VPN's and other services that can be directly bought with bitcoins.  This said it will still be viewed as part of the general fund.

 "We've raised about another 100 bitcoins, or $400, in the past day."
It is almost overwhelming to see people helping out! This is so very encouraging!

Keep Fighting,
-Martin"

We've been noticed, and we're creating hard numbers that can be used to justify the use of bitcoin.  Lookin' good!

I'll match all donations in the next 24 hours, up to a maximum of 60 more bitcoins, which would bring donations up to an even 500 bitcoins.  Donations are at 379 bitcoins right now.  Any takers?

Yifu's statement is true in some regards, he have spoken to Martin as well, and especially with the Food and Finance group so far the Bitcoins is not being used towards GA at all, and internal GA communication about Bitcoins has been rather poor. there's currently no plans to utilize the Bitcoin funds, however exposure had happened and many Groups has been aware of Bitcoin's involvement and are now thinking of ways to use it.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: old_engineer on October 16, 2011, 06:31:19 AM
Yifu's statement is true in some regards, he have spoken to Martin as well, and especially with the Food and Finance group so far the Bitcoins is not being used towards GA at all, and internal GA communication about Bitcoins has been rather poor. there's currently no plans to utilize the Bitcoin funds, however exposure had happened and many Groups has been aware of Bitcoin's involvement and are now thinking of ways to use it.

Thanks for more news from the ground, Disposition, and I'm glad they're trying to find the best way to use the coins rather than just cashing out quickly.  I hope at least of the protesters realize that deriding big banks while simultaneously receiving donations through Mastercard and VISA is, shall we say, a suboptimal arrangement. And speaking as a donator, I like the the fact that my bank doesn't know that I've donated money to OWS. 

As far as the fundraiser, I matched the 19 donated since the challenge and a bit more by kicking in another 25, bringing the total to 423 btc on the address.  Thanks to everyone that donated!  I'll update this thread if I hear anything about what the coins were used on.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: doobadoo on October 16, 2011, 05:36:27 PM
i saw a story on CNN that wepay.com was being used to fund the protest.  they were interviewing the ceo.  I was thinking "dam, why can't that be Gavin being interviewed about all the BTC tumbling in?"


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: RodeoX on October 16, 2011, 09:08:46 PM
The best way for the GA to use bitcoins is to spend them. Hopefully they also received a list of sellers who accept bitcoin. It would be dumb for them to try converting them into dollars, they should just order what they need online and use the coins as they were designed.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: eldentyrell on October 17, 2011, 12:14:33 AM
5 BTC sent.


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: TheAlchemist on October 17, 2011, 02:45:36 AM
5 sent too!


Title: Re: Occupy Wall Street General Assembly Money Bomb!
Post by: svojoe on October 17, 2011, 05:04:05 AM
5 BTC