Hello

To all recent commenters, the official accepted list has been updated. Thanks!

https://www.bloomberg.com/view/articles/2017-09-14/insider-trading-and-risk-retention

To participate in the Jesus Coin craze (aka Doge 2.0) visit https://jesuscoin.network/

Blockchain, blockchain, blockchain (Bloomberg homepage, 14th September)


Yesterday I mentioned Jesus Coin ("Decentralizing Jesus on the Blockchain") as an example of a dumb joke cryptocurrency, but then I went and read their (emailed) press statement and it is actually kind of interesting. Not because it is not a dumb joke cryptocurrency; it absolutely is. But it is a dumb joke that has become self-aware. From the statement:

While the founders had hoped for their joke to gain traction in the community and create a buzz, what they certainly did not expect was hundreds of thousands of dollars of transactions to begin occurring as cryptocurrency investors rushed to actually purchase the coin. Soon after things began to get out of hand as the cryptocurrency began approaching a $1m market cap only days into a 60 day crowdsale.

Exactly why this has happened remains a mystery to Jesus and his colleagues, though there are a number of theories. As Jesus Coin is not a security or share, it's actually on far firmer legal standing than the vast majority of ICO's which may run into issues with regulatory authorities. For similar reasons, Jesus Coin is also going to be more easily tradable on the major cryptocurrency exchanges than comparable projects, meaning investors will be able to trade their Jesus Coins for real currency relatively easily. Quite remarkable, the very useless nature of Jesus Coin, accidentally created a currency that's more useful than almost any other.

"More useful than almost any other" is a stretch, but this is a standard story about fiat currency too. Dollars are a better currency than mackerels in part because nobody eats dollars. A cryptocurrency that can be used as a token in a yet-to-be-built cloud-storage system requires some analysis of that system's proposed architecture, of the team's technical capacity, of its smart-contract implementations, of its competitive position in the cloud-storage market. A cryptocurrency that is just a dumb joke is easy to analyze. There is no market-for-lemons problem, no worry that someone else has more information than you. The currency can trade completely information-free, which can make it more liquid and useful than it would be if it were ... useful.

Of course this argument proves too much: By this logic, any dumb joke of a cryptocurrency would be valuable. Uselessness alone can't make a currency; you also need widespread adoption. You need to get people to believe that the useless thing has value. The thing is, though, in the midst of the Great Cryptocurrency Boom of 2017, that's not that hard. Dogecoin is worth $144 million. Novelty and silliness are not barriers to adoption these days, and usefulness is not a prerequisite. Any dumb joke of a cryptocurrency probably will be valuable.

Of course the Vatican will back us up. We're blockchaining Jesus. Get ready to trade Jesus on your favorite exchange.

Wow just spotted this threat! Thanks guys, Jesus has been inspired by the response to his greatest creation!

Dear Friends, disciples, congregants, believers and Gary,

When we launched the Jesus Coin project, we wanted to make sure that never again would Jesus be unblockchained. Although we knew there was a great desire in the community to decentralize Jesus to the maximum, we failed to anticipate just how much interest there would be. With over $40,000 coming in before we even began marketing, we needed to make some changes to keep up with the insane demand and pressure on our website. We wanted to get these out before we expect traffic to pick up massively again due to a number of media organizations that reached out to us in recent hours.

I therefore have a few changes to announce.

Due to issues with Etherscan, we have decided to update our smart contract and token address. Nothing substantive has changed other than a few minor bugs ironed out. The new contract address and token address are now listed on our website. Over the next 24 hours we are purchasing all the existing contributors' JC off the new contract and sending them to the contributing wallet address. These investor will be receiving an extra small bonus for their inconvenience. We are leaving the original contract and token address published so all movements will remain 100% transparent.

Secondly, due to the pace of investment and its unexpected nature, we were reached out to by a number of exchanges. We can already confirm that coinexchange.io have pre-agreed to list Jesus Coin and there are another 14 exchanges with which we're closing agreements.

Please feel free to send any other questions and may God bless you as we work together to decentralize Jesus on the blockchain.

The granted applications have been updated on the first post at the bottom.

Thanks

Please see our bounty threat: https://bitcointalk.org/index.php?topic=2165319.0

We would be willing to exchange you one JC for 30 LTC. We're benevolent that way.

We're offended and grateful at the same time ✝️

That's the spirit.

...

Hey! Please find bounty details here. And God bless you. https://bitcointalk.org/index.php?topic=2165319.0

The "church and pope". Y'all are getting very centralized on me right now.

You didn't read Leviticus? Everyone knows after the crucification comes the blockchaining.

This is fine. It just means that you cannot simply use Google Translate to do the whole thing. Links for both coming up.


Confirmed. Thank you.


Confirmed. Please send an email to bounty@jesuscoin.network if you need more info.


Thank you, but this isn't a joke. We are totally blockchaining Jesus.


Email us: bounty@jesuscoin.network


Thank you, confirmed!


Thank you. You just earned a place in heaven. Email us at bounty@jesuscoin.network


Jesus loves you!


Yes it is yours

Thank you. Replied.


Accepted, thank you.


The campaign is for 3 weeks. Thank you, we'd love to have you on board.


Confirmed. The ANN is now live and will be posted by me in a minute.


I will respond right now. Thank you.

I'm happy we made your day. To be clear the ultimate goal of this project is to 100% decentralize Jesus on the blockchain. We won't be satisfied until Jesus is totally blockchained.

Thank you for your comments but please keep this thread to bounty applications. Thanks