Bitcoin Island Party - "The Bit Drop"

[franky1]

You guys are very pesimistic.

of course we are.
think about it. there are only 170,000 tonnes of gold, and 13mill bitcoins. this equates to:
1btc=458 ounces (on a rarity scale)

so knowing how rare bitcoin is, how pessimistic would you be for people on the internet to ask for 46 ounces of gold(0.1btc) for some project.

doing due diligence and not automatically trusting things is what smart bitcoin holders SHOULD be doing. scammers only win if people hand over funds without trusting or checking first. so treat everyone as a scammer until proven innocent. especially if you have the funds, they dont and their the ones asking for free donations

[spazzdla]

You guys are very pesimistic.

of course we are.
think about it. there are only 170,000 tonnes of gold, and 13mill bitcoins. this equates to:
1btc=458 ounces (on a rarity scale)

so knowing how rare bitcoin is, how pessimistic would you be for people on the internet to ask for 46 ounces of gold(0.1btc) for some project.

doing due diligence and not automatically trusting things is what smart bitcoin holders SHOULD be doing. scammers only win if people hand over funds without trusting or checking first. so treat everyone as a scammer until proven innocent. especially if you have the funds, they dont and their the ones asking for free donations

Fair enought, I suppose the fact I cannot just buy a ticket to this party with BTC is pretty sketchy..  I figured they would just set it up if you wanted to go it would cost... I dunno 2-5 BTC with 10% of that going to this cause.

[realbtcdealers4real]

This is amazing! I would love to go.
Anyone want to host a "1BTC entrance" party? Like if you are the owner of at least 1 BTC in your wallet, you can enter 

[bornil267645]

Feeling sad, cant join

[LiteCoinGuy]

You guys are very pesimistic.

of course we are.
think about it. there are only 170,000 tonnes of gold, and 13mill bitcoins. this equates to:
1btc=458 ounces (on a rarity scale)

so knowing how rare bitcoin is, how pessimistic would you be for people on the internet to ask for 46 ounces of gold(0.1btc) for some project.

doing due diligence and not automatically trusting things is what smart bitcoin holders SHOULD be doing. scammers only win if people hand over funds without trusting or checking first. so treat everyone as a scammer until proven innocent. especially if you have the funds, they dont and their the ones asking for free donations

i share franky1s view. 
better pesimistic than too optimistic and unrealistic.


but:

Dominica Will Become First Country in the World to Adopt Bitcoin

http://panampost.com/belen-marty/2014/08/28/dominica-will-become-first-country-in-the-world-to-adopt-bitcoin/

[Moneyunmaker]

Interesting times to live

[LiteCoinGuy]

Entire Population in Caribbean Country Dominica Receiving Free Bitcoins in early 2015: “Let the Bit Drop”

The CEO of Coinapult has spoken to Dominica News Online revealing that at least $10 USD worth of bitcoin will be given to each island resident.

http://banksworstfear.com/entire-population-caribbean-country-dominica-receiving-free-bitcoins-early-2015-let-bit-drop/


 

[LiteCoinGuy]

Video: Sarah Blincoe Talks “The Bit Drop” Free Bitcoin for 70,000 Dominica Residents

Project manager Sarah Blincoe talked to Sean about “The Bit Drop,” an unprecedented effort to distribute free Bitcoin to the residents of an entire sovereign nation. Digital currency will drop on the small island of Dominica on Pi Day (March 14), 2015, with the help of Coinapult (SMS distribution) and the College Cryptocurrency Network (education), among others.

http://coinbrief.net/bit-drop-interview/

[MoonRise]

Bitcoin Island Party

Join Coinapult, Aspen Assurance & Bitcoin Beauties
for the first tropical Bitcoin party! We are throwing a full-island party called The Bit Drop for an entire nation in the Caribbean. The Bit Drop will be sending Bitcoin to every resident with SMS texting on this Caribbean island — roughly tens of thousands of people who call this island home will be part of a unique experience. Each islander will own Bitcoin and celebrate in style with well-known surprise musical artists who support Bitcoin, fire dancers, sponsored tropical island spirits, free giveaways, and full bitcoin education booths during the event.

http://letthebitdrop.com/

Many would just convert the coin into FIAT,buy a crate of beer and forget what's bitcoin.

[LiteCoinGuy]

some will just convert the coin into FIAT, some will lose their bitcoin and some will use their BTC and tell their friends about it.

[Bitbirdhunt]

Now how fun of a vacation would that be, and just imagine all the fun intoxicated crypto chats with fellow bitcoiners!  Cool

.1 though, I rather save it and hope one day its worth a vacation on its own.

[BittBurger]

Hmm.   Google images the island.  Looks like there isn't much of any infrastructure, civilization, or much of anything going on there aside from a couple small villages.  







Everyone looks sweaty, run down, and dirty.  



Why did they pick this island?  They must have skipped over 15 islands to get there.  



All with a heck of a lot higher tech savvy citizens, and maybe even some infrastructure to support an economy.

Is this a publicity stunt for Coinapault or actually something that will benefit Bitcoin in the long run?

-B-