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1  Bitcoin / Bitcoin Discussion / How do we make the BitCoin economy more Liquid, stable.. ? BRainStorming time! on: November 21, 2013, 07:08:00 AM
We need ways to buy stuff with BTC, services especially.

We need ways to EARN BTC!

Lots of geeks out there hoarding huge BTC fortunes, how do we free up those geek purse strings ?
2  Other / Beginners & Help / Re: Trust System on: June 08, 2013, 08:06:16 PM
it is up to the seller and buyer if they want to give out their trust id to get rated or be checked out.

It then is all left to the free market. Many may not care about a rating so they won't ask. some might.

as long as the free market decides it's cool.

and yes, there is a bit of centralization but it is an optional service not officially a part of bitcoin..

would it be better if bit coin built in such a optional trust registry in their next update?
Would be peer to peer and more trusted since it is a part of the system... and still optional so...
don't see any issues with that. but if bitcoin doesn't build it someone else shall.. like this forum or an exchange etc....




How far can the trust system go before it defeats anonymity?

Personally I cannot see a currency system working independent of a persons right to remain anonymous, as the minute it moves it becomes out in the open.

If we all lived in villages and didnt venture outside of our enclosed community, then trust wouldnt be such an issue.  Wink
3  Other / Beginners & Help / Re: Trust System on: June 08, 2013, 05:53:58 PM
This is a very crucial feature. Essentially this is like a credit rating system for Crypto Currency.

The registry is the key thing and it should be across several currencies btc, ltc etc..

The issue here is the feedback loop. How do you raise your trust after a purchase. Say I make a sale and I fullfil. How do I ask the buyer to give me a rating and a comment, just like ebay ?

Should be a simple link you can give them that they can send to the user in an email etc.

Like the way I do biz?, give me a trust point here (url). Url is a simple webform that references their unique username id on the trust registry.

It can be linked to this forum sure but it needs to be it's own separate page as well.

I am new to btc and still learning but this is a good thing. Also giving poeple a snipet of code  and iframe or link that shows their profile and their trust rating is a great thing.

The hard part will be locking out the spammers.. It should be based only on real transactions so perhaps each rating should reference a block chain transaction id? Not sure how one would authenticate that and block spammers and scammers?

I'd be willing to help with the project if someone could explain that stuff to me. I am decent with web ui's and have built sites like http://keychests.com (which now supports btc!)

Very interesting in helping and learning about the BTC world. We're in this for the LONG haul if we're gonna beat Mr and Miss Rothchild...
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