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How about "A Peoples Currency?" Though non-english majors may still get confused...
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Since this isn't a serious or established charity organization, and would be more of a short term publicity buy-in, do we need a whole 100BTC pledge? I'm thinking some donors might prefer their larger amounts going to more established and productive causes than a maybe-once-in-a-life-time toy drive by an internet group.
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I'd love to see his original letter. What prompted him to whinge about them in the first place?
SA goons really hate Bitcoin, think it's a scam, see it's users as lunatic idiots, think only use for bitcoin is illegal activities and scamming people, and they desperately want bitcoin to fail just to get some laughs at others' expence. In other words, they're a bunch of bored lonely trolls with a glorified sence of justice, and way way way too much free time on their hands. So that's why. Being a former SA member, from back when there were more sound minds about there, I would highly advise some of them to take a break from the interwebs. Then come back in a few months and just spend some time reading the content that is posted there these days. I believe their take on many of the views expressed therein would be quite different. As I know mine are. Of course, the few years of college and living in the 'real world' after my presense there probably have something to do with my view of the place now as well. Cheers Thinking about it a bit more, I think their biggest problem is that it's a clusterfuck of yes-men. The amount of peer pressure and regurgitation of each others ideas pretty much guarantees that everyone will be on the same page, wishing for the same thing (downfall of whatever they feel like laughing about), and I doubt any amount of education will make a difference. |
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I see it this way:
Bitcoin
1) Person does labor (office, construction, IT, fries & burgers, whatever)
2) Labor -> Money (paycheck)
3) Money -> Electricity (electric bill from mining)
4) Electricity -> Hashed block and 50BTC reward.
As long as reward > electricity/money/labor, repeat steps 1 to 4
Your proposition
1) Person does labor (office, construction, IT, fries & burgers, whatever)
2) Labor -> Money (paycheck)
3) Money -> Lottery entries
4) Lottery entries -> Accepted block and 50BTC reward.
As long as reward > lottery entries/money/labor, repeat steps 1 to 4
Point is that electricity isn't coming out of thin air. Labor is being exchanged for it (hopefully good productive labor). And as long as the final reward is above the value of the initial labor/money, it doesn't matter what intermediary system gets used. In either case people would create as much "waste" as possible to get the maximum possible Bitcoin reward for their labor. The only possible variable may be efficiency of the process, though in that case the only difference will be how much of the in efficiencies make the money just disappear (inconvenient transaction fees, lost time, etc). Either way the same quantity of labor/money will be "wasted" to achieve the same level of security and reward.
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This charity is currently very prominently visible on the internet. Reddit is all over it, and it's been crossposted a lot. If we can get this to accept bitcoin AND are able to make a significant donation before the internet's ADHD kicks in, this would make bitcoin very visible. +1 Phinnaeus, get on it. Tell them we have almost $100 ready to be donated already, and all they need is a MtGox account set up with a huge "Sell at 0.00001" order, so as soon as any coins hit, they'll get them instantly converted to USD. |
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He's MIA, busy on stuff as usual. Also, ATLAS is closed on weekends  |
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Of my three choices: www.givedirectly.orgPro: May push Bitcoin into a country where transferring money internationally is problematic, i.e. pretty much exactly what Bitcoin was designed to do. Might help establish a working Kenyan shilling <-> Bitcoin exchange. Con: May be difficult for the charity to exchange Bitcoin for local Kenyan currency. www.againstmalaria.comPro: International donations, seems fairly simple and direct type of charity, connections with (exposure to) lots of other high-profile organizations and charities Con: Rather complicated and convoluted donation page. The Bitcoin option may not even be noticed by others. www.nyayahealth.orgPro: $300 can do A LOT in that part of the country. Simple, easy donation page. Con:  Don't know enough yet. |
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I'm still trying to figure out how to make it so that it can't be copied to look exactly the same, numbers and all, so two physical 1BTC bills exist for one digital one. That part actually worries me, that we may end up with 21M Bitcoins, and maybe 40M total Bitcoins including physical ones in circulation.
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I'd love to see his original letter. What prompted him to whinge about them in the first place?
SA goons really hate Bitcoin, think it's a scam, see it's users as lunatic idiots, think only use for bitcoin is illegal activities and scamming people, and they desperately want bitcoin to fail just to get some laughs at others' expence. In other words, they're a bunch of bored lonely trolls with a glorified sence of justice, and way way way too much free time on their hands. So that's why. |
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The last time I was in London was in 1991 while on my way to India. I toured the whole country, alone, for three weeks. Did you know that the majority of Indians don't eat meat or...wait for it, but you won't like it...use toilet paper? Think about that the next time you visit a 7-11.
I'll be touring it with my husband for two weeks. If I had to tour it alone, I'm sure I'd still have a heck of a lot of fun! My co-worker's new husband is from India. I actually hooked them up. So, yeah, I was aware of them not eating meat. Beef and pork specifically. Not all of them, though. The guy I know only doesn't eat pork, but is ok with chowing down hamburgers. As for the toilet paper, I actually prefer their method. They use soap and water. I tend to do my business before taking a shower, since toilet paper only does so much, and still leaves me feeling not very fresh  |
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Noticed this posted to SA board (which I read when I'm bored). Not sure if this has been posted here, or if Tradehill guys are aware: A few months later, finally got a response from ASIC about tradehill quote:
http://www.tradehill.com I refer to your correspondence of 4 July 2011 in which you raise concerns about a foreign company called TradeHill, which operates the website http://www.tradehill.com where bitcoins can be exchanged for national currencies. I understand that you are specifically concerned that the company and the website are not subject to government regulation. ASIC has extensively considered the issues raised in your correspondence and has decided that we will not take any further action in connection with your concerns at this stage. Firstly, there is insufficient evidence before ASIC that TradeHill needs to be registered with us. It is noted that TradeHill is USA and Chilean based company, although it has some Australian users. Although a foreign company may not carry on a business in Australia unless it is registered under Div 2 of Pt 5B.2 of the Corporations Act 2001 ("the Act"), a company does not carry on a business here merely because it maintains a bank account in Australia or solicits or procures an order that becomes a binding contract in Australia. ASIC has also considered whether TradeHill may be required to hold some type of licence issued and regulated by ASIC (such as an Australian Financial Services Licence or a Australian Market Licence) or be subject to consumer protection laws administered by this agency. It has been concluded that such rules are not applicable as TradeHill's business does not appear to involve financial products or services (as defined in the Act). Although ASIC has decided not to pursue your concerns at this stage, we appreciate the time you have taken to alert us to this matter. Given bitcoins are a relatively new and novel technology it is possible that ASIC's position may be reviewed in the future. In addition, the information you have given us has been stored in our confidential internal database and will assist if we receive further similar reports. You may wish to raise your concerns with other government agencies or your local Member of Parliament. If you have any questions in relation to this email please contact me on
Source: http://forums.somethingawful.com/showthread.php?threadid=3438321&userid=0&perpage=40&pagenumber=156#post398104448 |
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Wax scratch-off like on lottery tickets, with a custom image stamped into the wax?
Oh, wait, hackerish.... Nah, I got nothing.
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What are the thoughts on incorporating the wallet with StongCoin since dogisland was kind enough to not only waive the 1% fee, but donate said amount forward to subsequent charitable organizations? 55. StrongCoin (dogisland) (1 BTC Per Charitable Organization ~ No Maximum!!! + Re-donating all transfer fees incurred on the StrongCoin Bitcoin100 account.) ~Bruno~ I already made an account on Strongcoin and imported the key just to test it on there too. If you check the address on blockexplorer, the 1STRonGxnFTeJiA7pgyneKknR29AwBM77 address in the 4th transaction was Strongcoin taking its 0.01BTC fee while I was testing sending money from there (no need to return it as it wasn't part of charity operations). Since I have this key in both Strongcoin and my home app (encrypted of course), I can send the money either way. Will probably be simpler and cheaper if I just sent it from the home app for free. Strongcoin is basically just a Bitcoin app that's browser based, so will only be useful if I need to send the money, and I'm away from home (like in London for this New Year's). I also find that backing up the private key is a heck of a lot more convenient than backing up a wallet.dat, especially since I can import it everywhere, it's only 50-some characters long, and is easy to store. |
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Ok, that's weird. My home Bitcoin wallet app says the balance should be 7.0 exactly. What the heck? (reconciling it now) EDIT: Looks like Blockexplorer is showing 0.505 going to address 15eTvRjxaT7fDHNCwoHR9FX78caKTSTmZg No idea who that is. It's not on any of my wallets... EDIT: Found a matching amount in my Android wallet. I think I may have screwed up on the fee amount (typo) when sending the coins. Put the money back so it's back up to 7 now. Just chucking this one up to playing around with it too much while testing it. Sorry |
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We're still only a bit over half way there, though  Btw, your 1BTC314 address is ready. Let me know how you want it sent. |
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What do they call it in Geo-caching when you leave an item to be moved? I hear that people send trinkets around the world with the help of other ego-cashers. is there any way to use this type of technique? Of course it's a pis-poor way to get your weed from SR. You would be lucky to get a stem and a seed after passing through so many people. lol
Geocaching usually involves totally useless and cheap trinkets whose only purpose is to be tracked online. With this system there would have to be an incentive to deliver the package and get paid as opposed to keeping the package and re selling it for money. |
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I still like the runner idea, mostly due to Mirrors Edge and Snowcrash. I agree that would be difficult though. Escrow and ratings would be needed (like, not get payment or rating until the guy you give the package to scans your QR code to verify receipt)
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Pulled 2 out, so only 1 of mine is in it now.
You are able to send money to it. Phinnaeus is still in charge, so up to him to say when to send.
I'm generating a few 1BTC314's for you. Only takes 10 minutes tops (add an extra character to it, and it takes 10 hours. One more and it takes 20 days)
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We'll use 1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac
I have sent the key to MemoryDealers, and have imported it into both the wallet software running on my PC and into Strongcoin. Works on both. If you look at the address in Blockexplorer, you'll see some money moving in and out. Just me testing to make sure private keys were imported correctly. The current 3BTC sitting there is my initial pledge (My other 2 or the 5 BTC are in my savings which I can get later.)
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After about 8 hours, I finally got
1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac
Sorry it's not too spectacular. The reason it takes SO FRIKIN LONG to generate is because the only way to do it is to basically mine/brute force for it. If it took seconds, I would be able to generate a private key for any public address. But thanks to Bitcoin's security, we ca only generate a few of the characters at most. BTC1oo1 takes about 4 to 8 hours. Add one more character to that, and it'll take a month.
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