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Nicely laid out, I like the multi-lingual approach. Thanks for building it.
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Everyone knows economies are limited by the growth of the money base, that's why the FED has to print print print.
Are you being serious here or sarcastic? |
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When I first read the original post I thought "oh great, the primary reason I loved bitcoin is being undermined". But the more I think about it the more I support the idea of timecoin.
As a marketing exercise, timecoin makes sense for the reasons FreeMoney has already outlined.
It will also make an excellent economics exercise. People will be able to see quite obviously the benefits of a non-inflationary currency like bitcoin as their timecoins dwindle in value on the BTC/TMC exchange.
So I'm in! Let me know when/where I can download the timecoin client.
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Not something I use, and I initially heard about them because I applied for a job a long time ago, but since that time it seems that everyone and their cat sells on http://www.etsy.com/ and a bitcoin clone could be fairly easy to implement. I don't have the bandwidth to do it myself, so I'll just leave this here  This could be replicated using the Joomla VirtueMart/bitcoin plugin that Mike developed. |
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I think a big bubble would be bad for getting wide adoption as quickly as possible. Increased variance is an actual cost, and it is exaggerated in a lot of people's minds. Once it exceeds a certain threshold they write it off as gambling. I'm not saying that is correct thinking, but it's a really common psychology.
They may consider it gambling, but if the real estate bubble and the tech bubble demonstrate anything, it is that the population has a propensity to participate in speculation. I think it'll engage them. |
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Fear vs. greed. Anyone else notice that it seems to be a lot easier to make a convincing argument for Bitcoin now that BTC/USD is zooming, versus several weeks ago? Same argument ... but getting a lot better reception. That's why I think speculation and a price bubble will be 'good' for bitcoin in that it will bring it a lot of publicity. That should bring in people who will start trying to earn bitcoins, buy with bitcoins, etc. etc. |
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Thinking of a variation on the early-mentioned bitcoin Easter Egg hunt...
Is there some way to put BTC in a QR code so that the first person to scan the code gets the BTC?
Might be a good publicity stunt to have an online easter egg hunt for a goodly sum of bitcoins, using some sort of 'clues' methodology that would appeal to people who would be our target audience (I'm thinking non-current bitcoin users). Actually QR codes could be used to give clues and directions so the easter egg hunt could extend off-line as well.
Sorry I'm mixing up two ideas in this post: QR codes and easter egg hunts. But I think together they make a good promo idea.
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What do people think about exhibiting bitcoin at FreedomFest 2011 in Las Vegas in July? Would that be a good venue to raise the profile of bitcoin? Exhibitor registration isn't cheap, but we could run a bounty to gauge support for this idea: http://www.freedomfest.com/exhibitorsinfo.htm |
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I was liking your idea as I started reading it (though mentioning hoarding was probably an unfortunate diversion) and thought you were going to say the highest bidder received X% of the bitcoins, and the rest would be destroyed. Instead all the bitcoins get destroyed, or rather, taken out of circulation because the HD is made into jewelry. Am I understanding this correctly?
Change it to winning straight bitcoin, with the rest being destroyed (and thus benefiting even the 'losers') and I'd be much more interested in participating.
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Sure, put me down for 20 BTC
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This script isn't exactly what you're looking for, but it is an interesting spin on it: http://www.guruscript.com/startups.phpBasically people with bitcoin business proposals would post them at the site, and everybody pledges funding and votes on which proposal they would like to see funded first. The funding goes to the winner. Given that we are still a small community, this might be something to consider. Instead of having 10 partially funded projects, at least one project would eventually get fully funded and launched. Sorry if this is a hijack of your thread.  |
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I see from your posts on another forum that you're a PHP developer.
This won't help you for tonight, obviously, but there are people on here willing to pay to get bitcoin-related projects done. Look under Project Development or search on "bounty".
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The Bitcoin community is doing a good job of selling Bitcoin using rational arguments.
Unfortunately, I don't believe rational arguments are going to convince non-technophiles and non-libertarians (the majority of the population).
My experience so far: When I try to explain the benefits of Bitcoin to friends and relatives, in the majority of cases I get a strong negative emotional response.
This has been my experience as well, even with very technically savvy people and libertarians. Posting about bitcoin on a conservative/libertarian forum was a real eye-opener for me, the response was so negative. And so ill-informed. On the bright side it is not just bitcoin that suffers from this. Anything that goes against received wisdom is going to face an uphill battle. (note the response on another thread on this forum when I dared to question the supposedly innocuous nature of porn  ). Anyway, I think the way around trying to convince the masses is to let the elites do it. All we need to do is get one Zynga or one Flattr or one Disqus to adopt bitcoin in a micro-payment situation and the masses will adopt bitcoin because they need to buy a new virtual tractor for their farm. They won't need to know the features and benefits of bitcoin, they'll just want what it can buy. |
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I see you're on Facebook.
Open up your privacy settings so that we can all see your friends list. That way we can tell if we have any common friends or connections and maybe we can ask somebody in the area to give you a couch.
Did you get your cookware, computer and kitchen knives back from the landlord, or are they gone for good?
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In another forum where I post, the bitcoin is seen as a threat to the working class. It's the working classes and the poor that mainly benefit from taxes in the west (well, theoretically) and for any economy the gobernment is Customer #1, so government spending of tax revenues pay for alot of the jobs in an economy. If people start turning stuff over in BTC then this starves the government of funds and they will no longer be able to provide public goods like schools and sidewalks and traffic lights, in the UK they will no longer be able to pay nurses and doctors or send dole-money or money for unemployed single mothers of small children. For me this is a bad thing.
On the upside they won't be able to bail out inept and corrupt banks or buy million dollar bombs to bomb the peasants of weak countries on the basis of lies anymore.
I think though it's true the working man and woman in the West might suffer from bitcoin, on the other hand in the 3rd world working men and women often don't pay tax anyway, in Nigeria for instance the democracy is not so accountable to the people as the government is paid for by the Shell oil company and Russian mobsters anyway, so the people wouldn't have to deal with a loss of services from the government with a currency like bitcoin, so one drawback they don't have to worry about
Another thing about bitcoin is the indterest rate can't be controlled, I know this is a key feature, but isn't that something you need to be able to do? Assuming that you're some sort of democratically elected body accountable to the people, you might want to be aqble to accelerate or break the economy every now and then when it's over-heating or to ecourage it to move around more... Ireland could't raizer their interest rates and they came off the road due to the reckless DUI of their banks... and having no breaks.
I agree that for people who advocate welfare programs, or the 'dole', they and their beneficiaries will be threatened by bitcoin. Anything that reduces the ability of the state to take from Peter in order to pay Paul will undermine their raison d'etre. I'm afraid if you're simultaneously looking to increase freedom (bitcoin) and expand the power of the state (social welfare), you're going to have to live with a lot of cognitive dissonance. Don't be put off by that though. If you stick around here long enough you will be exposed to a lot of clear-thinking people and the cognitive dissonances will somehow dissolve. I've learned some surprising things on this forum, beyond just the awesomeness of bitcoin. |
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The site's information doesn't jives well with my p0rn experience.
Give it a few years. Anyway, I imagine most alcoholics don't realize they have a problem until long after their friends and relatives realize it. Or maybe the fact that we spend so much time on this forum with a male:female ratio of 500:1 balances out what is happening to your brain when you visit those 'other' sites.  |
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Wecome aboard!
(Now somebody delete the rest of this thread FAST!)
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What if I want my kid to BE ABLE to watch it? OH NOES! YOUR KID WILL BE SCARRED FOR LIFE! I'm sure all the sexual libertines on here are going to pound me for this but... Just because something should be allowed, doesn't mean it is helpful for you. Poke around here for awhile and read about neuroplasticity and how porn affects your mind: http://www.yourbrainonporn.com |
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I use Disqus on my blog and I would love to see this feature.
Write to Ro Gupta their VP of Business Development and tell him that: biz@disqus.comHe is aware of bitcoin. |
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