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21  Bitcoin / Bitcoin Discussion / Re: Bitcoin and the Digital Divide on: June 09, 2012, 09:53:01 AM
The cost of Technology and Internet in particular is continue to drop. Soon everyone will have access and this will be a non issue.
22  Bitcoin / Bitcoin Discussion / Re: Frighteningly Ambitious Bitcoin Startup Ideas on: May 10, 2012, 08:43:38 PM

I like ++
23  Bitcoin / Bitcoin Discussion / Re: Frighteningly Ambitious Bitcoin Startup Ideas on: May 10, 2012, 08:21:30 PM
1. Bitcoin exchanges (you have to be clueless to think it's easy)
I know this can't be easy based on the pain Mt. Gox went through when they were hacked.

4. Online strip club
Never heard of this one
24  Bitcoin / Bitcoin Discussion / Re: Frighteningly Ambitious Bitcoin Startup Ideas on: May 10, 2012, 11:30:07 AM
Having said that, I agree with mav that your ideas are just "standard" ideas with added Bitcoin. This is not really a bad thing. Plenty of people made lots of money in the 1990s by implementing "standard" ideas with added internet. (It's hard to imagine now, but I recall when Amazon started up, and most people thought that a business like that would never become profitable. Incredible!)


You are right standard ideas can be powerful. Bitcoin allows for commerce to take place on a global scale. Imagine able to buy/offer goods and service on a global scale and not having to worry about exchange rates and their associated fees. There would huge opportunities in terms of scale with these "standard ideas".
25  Bitcoin / Bitcoin Discussion / Re: Frighteningly Ambitious Bitcoin Startup Ideas on: May 10, 2012, 11:12:08 AM

2. Bitcoin Ad network
What I think Bitcoin echo system needs is something large like the Google ad sense network.

There were three that just launched in the past couple of weeks:

 - http://www.BitcoinAdvertisers.com
 - http://www.ThroughAds.com
 - http://www.thebtcnetwork.com

Good info to know. Thanks

And that is in addition to:
 - http://www.OperationFabulous.com
 - http://www.AnonymousAds.com


3. Large Affiliate Market/Network

Just like the Bitcoin Ad network above we need a large affiliate Ad network like the likes of Commision junction, Maxbounty, Clickbank, etc. The network would be 100% Bitcoin based. The advertisers would pay in Bitccoin and publishers and affiliates would get paid in Bitcoins. The ad network should be a general purpose network offering  a wide range of products and services for promotion.

I know that ThroughAds has Cost per action (CPA), Cost per click (CPC) or Cost per 1,000 impressions (CPM) billing methods.  Others might have this as well.

4. Bitcoin Bill pay
Perhaps the most disruptive idea in my mind is a Bitcoin bill paying services. This service would take your Bitcoins and covert it to dollars and then pay most of your bills, like cell, utillites, whatever.

That's coming.  Maybe not in one step like that, but when you have bitcoins you can today use them to buy mobile prepaid wireless monthly bills and top-up type plans.
 - http://btcbuy.info/CallingCards.cshtml

A good step in the write directions. Hopefully more services will come online.

Another forum member was soliciting feedback on a bill payment system:
 - http://bitcointalk.org/index.php?topic=79669.msg883857#msg883857
 - http://bitcointalk.org/index.php?topic=78254.msg873107#msg873107
26  Bitcoin / Bitcoin Discussion / Re: Frighteningly Ambitious Bitcoin Startup Ideas on: May 10, 2012, 10:09:42 AM
I think that running conventional ideas with bitcoin is somewhat limiting yourself. None of the ideas suggested in the OP are unique to bitcoin, they're just doing the same ol stuff with a shiny new form of payment. And truth be told, there's no good reason for anyone to use the shiny new thing on the old ideas cause the old shiny things worked just fine (for very-much most of the people). This is just reality. No matter how much bitcoin is 'a better money', if it's not more convenient, people won't use it. And let's face it, regular money is pretty damn convenient now with internet banking etc. Not as good as bitcoin, but still, pretty damn convenient.

There's always the argument of 'less fees is a big incentive' which I totally agree, and 'instant is awesome', again I agree, but I don't think that's enough of a lure to take people away from their convention, especially given the current mainstream notion of bitcoin is generally along the idea that it facilitates shadiness which is of no additional benefit to their needs over cash/wire/paypal/whatever. To most people, it's just another money. To really have an ambitious startup idea, you have to show how bitcoin is more than just another money. None of the OP ideas do that imo.

There are some amazing opportunities for bitcoin to expand NEW areas of commerce, none of those are listed in the OP. I would love to say what I think they are, but I'm working on some of them now, so you'll just have to wait and see. Bitcoin, as you say, is amazing. But it's amazing mainly because of the new stuff we can do with it, not because we can appropriate it to the old stuff.

I just don't see
Take existing product X
Add bitcoins to get Y
Sell product Y
as frighteningly ambitious...

Don't take this too hard. It's great to see such enthusiasm from a noob. An equal amount of creativity would really blow me away. And as a final 'optimist prime' statement to counteract my 'negatron' post - having the appropriations in place will certainly make the creative ideas even stronger by a whole magnitude than if they didn't exist.

You are absolutely right my ideas are not very new or original.  Just like the people that build the web could never have imagined google, facebook, groupon, blogs etc, bitcoin long term will bring new products, services and cultural shift that we can't even contemplate to day.

As a noob I'm interested to hear what ideas the community things are amazing and ambitious.
27  Bitcoin / Bitcoin Discussion / Frighteningly Ambitious Bitcoin Startup Ideas on: May 10, 2012, 08:41:34 AM
I'm still a newbie in the Bitcoin world so forgive any errors or omissions.

I'm really excited about all the possibilities that Bitcoin affords regular people, business and society in general.

This post was inspired by and article by paul graham called
"Frighteningly Ambitious Startup Ideas" http://paulgraham.com/ambitious.html.  Be warned, this post  however is a rumbling of a newbie.

The purpose of this post is get everyone to share their ideas for Bitcoin Startups, Bitcoin business and projects. What kind of Bitcoin Startup or business would you like to see? If money, time, skill or other resources was not an issue what kind of Bitcoin Startup would you start?

Hopefully these ideas should challenge conventional wisdom and push the adoption of Bitcoin by main stream businesses and people.
 
without much further ado I present my four humble ideas.

1. 100% Bitcoin Venture Capitalist firm


The bitcoin community needs Venture Capitalist firms willing to invest in Bitcoin startups.
Recently CoinLab was created to "cultivate and luanch inovative bitcoin projects"(http://www.forbes.com/sites/jonmatonis/2012/04/24/coinlab-attracts-500000-in-venture-capital-for-bitcoin-projects/). CoinLab will be investing in Bitcoin Startups and projects which is a great start. This got me thinking about a Bitcoin Venture Capitalist firm that is 100% funded by Bitcoins and in turn funds new companies and project in Bitcoins. I do not know if this idea would work but it would be neat to see something like this in the wild.

Assuming that Bitcoin remain viable long term a Venture Capitalist firm funded by Bitcoins would see it value increase by the fact that Bitcoin would increase in value long term. Ideally the Venture Capitalist would be investing most of it Bitcoins into the Bitcoin economy and not holding onto the Bitcoins.

2. Bitcoin Ad network

The Bitcoin community has a few Bitcoin ad networks like Anonymous ads, Operation Faboulous and the rest. What I think Bitcoin echo system needs is something large like the Google ad sense network.  This will give the Bitcoin community a way to advertise both within the Bitcoin echo system and outside the echo system. This will allow advertisers to run both Bitcoin ads and  non Bitcoin ads while paying in Bitcoins. For publishers, blogger etc, this will allow them to get paid for both Bitcoin and non Bitcoin content. These publishers would of course get paid in Bitcoins.

3. Large Affiliate Market/Network

Just like the Bitcoin Ad network above we need a large affiliate Ad network like the likes of Commision junction, Maxbounty, Clickbank, etc. The network would be 100% Bitcoin based. The advertisers would pay in Bitccoin and publishers and affiliates would get paid in Bitcoins. The ad network should be a general purpose network offering  a wide range of products and services for promotion.

4. Bitcoin Bill pay
Perhaps the most disruptive idea in my mind is a Bitcoin bill paying services. This service would take your Bitcoins and covert it to dollars and then pay most of your bills, like cell, utillites, whatever. Imagine living in a world where you get paid in Bitcoins and most of your bills could be paid in Bitcoins.

I'm looking forward to reading everyone's ideas.
28  Other / Beginners & Help / Re: Newbie Questions about Liberty Reserve and Bitcoin on: May 07, 2012, 02:06:09 AM
For question #2, you can sell Bitcoins on MtGox and transfer the dollars from MtGox to Liberty Reserve.

Though technically, Mt. Gox doesn't mess with Liberty Reserve anymore.  Though their withdrawal form still shows Liberty Reserve, what it does is lets you create a Mt. Gox redeemable code that is used to trade for Liberty Reserve at AurumXChange company, less the fee.  

There is another Bitcoin exchange, CryptoXChange which does the same thing at Mt. Gox does but AurumXChange's fee for this method is less:
 - https://www.aurumxchange.com/rates

For buying bitcoins:
 - http://en.bitcoin.it/wiki/Buying_bitcoins

This was incredibly helpful information. Aurumxchange and CryptoXchange completely fit my needs. Thanks for helping a newbie.
29  Other / Beginners & Help / Re: Newbie Questions about Liberty Reserve and Bitcoin on: May 06, 2012, 08:28:34 PM
For question #2, you can sell Bitcoins on MtGox and transfer the dollars from MtGox to Liberty Reserve.

Thanks that was very helpful.
30  Other / Beginners & Help / Newbie Questions about Liberty Reserve and Bitcoin on: May 06, 2012, 07:46:55 PM

Please excuse this newbie questions.

Question 1: Is there a convenient  way to purchase Liberty Reserve that is both low fees (as opposed to western union fees plus 3% to 9% charged by the various Liberty Reserves exchanges http://www.libertyreserve.com/en/exchangers) and Fast?

Question 2: Is there a place one can purchase Liberty Reserve using Bitcoins?
31  Other / Beginners & Help / Re: Introduce yourself :) on: May 02, 2012, 09:03:10 PM
Mdosi is my handle. I'm interested in learn everything about Bitcoins and how to use it in the real world
32  Other / Beginners & Help / Re: Introduce yourself :) on: April 10, 2012, 09:01:31 PM
My name is Mdosi. I'm new to bit coin and looking to spend a lot of time reading and learning about bit coins. Thanks for having this forum.
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