I was thinking about how great it would be if Bitcoin were accepted and widely used in a local community. Local purchases would be encouraged and the price would start to be viewed in terms of its own currency as opposed to a conversion of another.

But what would be the ideal location to do this?

The best place would be a destination tourist location where most travelers are already converting their currency into the local currency. When you travel abroad you tend to have to exchange your currency anyhow so if there were a travel destination where this was already taking place then a simple conversion to Bitcoin would be no more of a hassle for the travelers.

I cannot think of any place off hand. Most of the small carribean countries accept dollars. Even going across the border to Mexico you can pay in dollars.

I have gone to video game establishments where you convert your money to tokens or cards with money stored on them, maybe Bitcoin could replace those cards.

Any ideas of a community where many people who visit are already exchanging currencies? Preferably some place small with few merchants that could be convinced to accept BTC.

How much will I be paid for the traffic going over my node?

We are all the same.


There is no individuality among us.

I am sure someone else has thought of this. But using long ass BTC addresses is akin to everyone still using IP addresses to access web pages. I doubt most people go to specific IP addresses when trying to access a web page. So why would we want people to type in a long string of random characters to send Bitcoins?

Could we not figure out a way to create something similar to a Domain Name Server (DNS)? Call it a Bitcoin Address Name Server (BANS).

That way I could just tell someone, "send the BTC to ElwarFromUS" or some such name. Companies could say "send it to BitMint-Listing-Fee".

Something similar to namecoin could be used to track all registered address names and it would just be a matter of finding a term that has not yet been used. Perhaps pay a fee to the miners per name.

It would be great if we could get a few competing Bitcoin escrow companies that retailers could offer as an option for the delivery of goods.

It would be great to go to a retail website, pay in BTC and be able to click on the escrow company of your choice and pay a small bit toward the service.

It should not be that difficult to set up. Just create an API to hold funds along with criteria that needs to be met for the funds to be released. A simple verification of the criteria when everything goes through is the main work to be done. If the two parties do not agree, then it would be up to the escrow service to most fairly handle it. The most fair escrow services would get the most traffic.

Are there any currently out there yet?

Do you also, by chance, sell sharks?

I have a project that requires both.

Tizzy Tazzy: Domains, websites and everything* in between!

I too would like to "borrow" 50 BTC for whatever reason you feel secure with.

I promise not to disappear. Honest.

Person B gets loan.

Person B skips town.

Person B uses new wallet for future transactions.

Instantly install blogs, forums, ecommerce sites and more with TizzyTazzy!

Have you noticed the lack of huge dips now that Bitcoinica is out of commission?

I just realized...

Some stores only take cash. I have gone to several where they say "there's an ATM across the street...".

I could definitely see a store saying "we accept cash or Bitcoin". "There's a 7-11 next door..."

For now...BitInstant is just getting into the game. With volume they could certainly compete.

Step 1: Collect Bitcoins
Step 2: ?
Step 3: Profit

sweet...

Great job guys. This will fill one major hurdle in Bitcoin which is the difficulty in actually getting Bitcoins.


Now if we could have the opposite. Go into Walmart with Bitcoins and exchange them for dollars you would have the perfect setup for wire transfers of money that could instantly compete with Western Union.

At least bit-pay can do a direct deposit of cash from BTC...

Great site, I just checked it out and listed something today.

Quick typo fix: Should be Clothes & Accessories


One suggestion.

Import products via a database.

You have a good site, you just need it filled with product. If someone could upload dozens or hundreds of items at once it could fill things up.

A spreadsheet delimited like so could work:

condition,name,type,duration,shippingto,category,description,pictures,misc


The pictures thing may have some difficulty but the others could work out well.

I uploaded about 100 prom dresses to my wife's website using an import. It saved a lot of hassle. I was able to just edit the spreadsheet before uploading.

Buy 20 of these at BitMit:

http://bitmit.net/en/trade/i/2816-high-fashion-mesh-socks/description

There is always someone out there that wants other people to part with their money.


Studies have actually been done showing that people are willing to burn their own money if it results in someone with more money burning theirs as well.

I too was confused by the term "screw banks".

After watching the video I immediately went to a local bank, bored a hole in the side of it and had intercourse with the bank.

Boy was I embarrassed when I came back to this thread and read what it really meant.

Some people just do not understand slang.

You need to put a disclaimer..."do not go have sexual intercourse with a bank". If it saves one other person from the chaffing it would be worth it.