If I win the 10,000BTC, I have an idea for what to do with the money...

[Matthew N. Wright]

I am not making any promises yet, just gauging interests, but it occurred to me the other day that the best thing I could do help the Bitcoin community, my career, and Bitcoin Magazine's exposure all in one go would be to use some of my winnings to print 50,000+ issues of the Bitcoin Magazine and mail them to everyone on the forums (and off, if anyone asked).

I think people are afraid of purchasing the magazine because of the original late issue (in fact, there are some people who ordered -recently- who are still waiting because we -just- got a large 4,000 issue shipment in Romania and are only beginning to disperse them), but I am confident that we'll make it up over time with consistent issues (we've already printed September's issue, so it should be fine from here on out). I think Bitcoin Magazine is important to the community and that once people see the high quality, especially with recent issues, they are going to fall in love with it.

So why wouldn't I just do it without even asking? Because a few months ago one customer asked us if we have a digital release because they didn't want to ever give out their address. I thought this was -really- odd considering it's unlawful for us to share our records with anyone else, but I guess to each his own.

So here's the question...


If I win the 10,000BTC bet and I pay for 50,000 issues of the Bitcoin Magazine to be printed and shipped, would you accept one?

[Garr255]

It would be a very nice thing to do, but I'm afraid people could take it as a sort of spam, and it might bring a total negative effect on Bitcoin if people walk around saying they got the magazine "for free". This would turn it into a pamphlet in the general public's eyes.

[Matthew N. Wright]

It would be a very nice thing to do, but I'm afraid people could take it as a sort of spam, and it might bring a total negative effect on Bitcoin if people walk around saying they got the magazine "for free". This would turn it into a pamphlet in the general public's eyes.

Yea, I thought about this too, but since it's sold for $8.88 at bookstands across the country and on our website, and this is a -personal- thing I'm doing unrelated to the Bitcoin Magazine itself, I doubt it will have any bearing on things.

[evolve]

Id take it. It would be my consolation prize for losing the bet.

Not gonna happen though...no way pirate pays in full. I like to dream though too.  

[evoorhees]

It's generous of you Matthew - but I think if you want to be generous with that bet, there are other projects which would be more beneficial to the btc economy.

Here's an idea... make a high profile campaign to get some well-known charity/foundation/organization to accept Bitcoin. If you offer them $100k, they'll listen, no matter what currency it's in.

If I could pick any organization to whom you should make this offer, it would be A) Mises Institute or B) Cato Institute.

Or, if you want to REALLY pour some fuel on the Bitcoin economy, set it up as a bounty for a massive porn website to accept BTC. Basically, meeting with someone from Kink.com or Brazzers and tell them you'll donate $100k if they accept Bitcoin. You can do it in an epic creative way, like I know you're good at

[SaltySpitoon]

It's generous of you Matthew - but I think if you want to be generous with that bet, there are other projects which would be more beneficial to the btc economy.

Here's an idea... make a high profile campaign to get some well-known charity/foundation/organization to accept Bitcoin. If you offer them $100k, they'll listen, no matter what currency it's in.

If I could pick any organization to whom you should make this offer, it would be A) Mises Institute or B) Cato Institute.

Or, if you want to REALLY pour some fuel on the Bitcoin economy, set it up as a bounty for a massive porn website to accept BTC. Basically, meeting with someone from Kink.com or Brazzers and tell them you'll donate $100k if they accept Bitcoin. You can do it in an epic creative way, like I know you're good at

If you do this, for the $100K demand that you be in one of the videos too.

[Matthew N. Wright]

It's generous of you Matthew - but I think if you want to be generous with that bet, there are other projects which would be more beneficial to the btc economy.

Here's an idea... make a high profile campaign to get some well-known charity/foundation/organization to accept Bitcoin. If you offer them $100k, they'll listen, no matter what currency it's in.

If I could pick any organization to whom you should make this offer, it would be A) Mises Institute or B) Cato Institute.

Or, if you want to REALLY pour some fuel on the Bitcoin economy, set it up as a bounty for a massive porn website to accept BTC. Basically, meeting with someone from Kink.com or Brazzers and tell them you'll donate $100k if they accept Bitcoin. You can do it in an epic creative way, like I know you're good at

If you do this, for the $100K demand that you be in one of the videos too.

Rofl

[Bitcoin Oz]

It's generous of you Matthew - but I think if you want to be generous with that bet, there are other projects which would be more beneficial to the btc economy.

Here's an idea... make a high profile campaign to get some well-known charity/foundation/organization to accept Bitcoin. If you offer them $100k, they'll listen, no matter what currency it's in.

If I could pick any organization to whom you should make this offer, it would be A) Mises Institute or B) Cato Institute.

Or, if you want to REALLY pour some fuel on the Bitcoin economy, set it up as a bounty for a massive porn website to accept BTC. Basically, meeting with someone from Kink.com or Brazzers and tell them you'll donate $100k if they accept Bitcoin. You can do it in an epic creative way, like I know you're good at

If you do this, for the $100K demand that you be in one of the videos too.

He can play the guy who delivers the bitcoin magazine to a house full of young korean girls.

[Giulio Prisco]

Printing 50,000+ issues of the Bitcoin Magazine seems to me a step back to the 20th century.

I like Bitcoin Magazine, and therefore I read it online. Like many citizens of the net I read everything in softcopy (online or in e-format on a pc/phone/tablet screen) and I have not bought a physical dead tree book or magazine for years.

I suggest to invest something (much less) in a good adSense campaign.

[SaltySpitoon]

ORRR, you could invest it in my friend who out of the blue asked me earlier today if I wanted to invest with him, and buy land in Nevada to build a Solar Farm and eventually a power company. BTW, we aren't Bitcoin millionaires, more like Bitcoin hundredaires, we are in Maryland, and probably have about $500 in $ to invest between the pair of us. We may need another one or two hundred to buy the land, solar panels, and setup wiring equipment if you are feeling generous  

But then again, if I were you, Id go with the porn option.


Edit* Or then again, better yet, why not do it all?

It's generous of you Matthew - but I think if you want to be generous with that bet, there are other projects which would be more beneficial to the btc economy.

Here's an idea... make a high profile campaign to get some well-known charity/foundation/organization to accept Bitcoin. If you offer them $100k, they'll listen, no matter what currency it's in.

If I could pick any organization to whom you should make this offer, it would be A) Mises Institute or B) Cato Institute.

Or, if you want to REALLY pour some fuel on the Bitcoin economy, set it up as a bounty for a massive porn website to accept BTC. Basically, meeting with someone from Kink.com or Brazzers and tell them you'll donate $100k if they accept Bitcoin. You can do it in an epic creative way, like I know you're good at

Instead of paying them off, threaten to give their "actresses (or actors, I don't know you and I'm not one to judge)" STDs, making them no longer useable for the industry.

And then find something fun and reckless to blow the $100K on. A new sports car? A modest house in a decent area? A very nice house in a ghetto? Or a solar farm in Nevada.

[Matthew N. Wright]

Printing 50,000+ issues of the Bitcoin Magazine seems to me a step back to the 20th century.

I like Bitcoin Magazine, and therefore I read it online. Like many citizens of the net I read everything in softcopy (online or in e-format on a pc/phone/tablet screen) and I have not bought a physical dead tree book or magazine for years.

I suggest to invest something (much less) in a good adSense campaign.

Good advice! I'll be thinking about it.

[Bjork]

My advice would be to bet it all on satoshi-dice.

[LightRider]

I can't wait to read future news of the past!

[greyhawk]

I can't wait to trust my full name and physical adress to this endeavour. There's no way this could go wrong in any way.... 

[mobodick]

I can't wait to read future news of the past!

You mean past news in the future, right?

[Littleshop]

Print 5000 two BTC notes or just contract casascius for his physical coins and hand them out with a crew and flyers on wall street or in some other high profile financial area.  Some of them would go unused but you would get a lot of people who would not be involved interested.

[sippsnapp]

Id personally prefer a digital version.
However, a public awareness campaign could be a nice idea.

[Inedible]

Instead of a free magazine, you could pay my costs for doing Bitcoin conferences like the ones going on in Japan (in the UK).

I'd just be looking for costs for travel, the conference room and whatever is available for advertising.

We could set up a Ltd company called The UK Bitcoin Foundation and we'd build a consultancy.

Over time the business would expand and some of the revenue could go towards sponsoring/creating/venture capitaling Bitcoin businesses in the UK.

It's just a shame you're in Korea.

[LoweryCBS]

[BitcoinINV]

Print 5000 two BTC notes or just contract casascius for his physical coins and hand them out with a crew and flyers on wall street or in some other high profile financial area.  Some of them would go unused but you would get a lot of people who would not be involved interested.

I think this is dead on, Maybe some ad's in papers along with some canvasing would be good. If we can increase the visibility of bitcoin we all will gain from this including your magazine. Maybe a small TV spot in major cities, like 15 second adds or whatever, buy some annoying add space on google or whatever.

Digital copy yes please, hard copy maybe. Public spotlight HELL YES!