140,000 New startups to use bitcoin due to Stanford Uni!

[massivebitman]

Well, I'm shocked that this hasn't been bigger news on the speculation forum, and I was hoping the price would drop a little before I brought it up, but Startup Engineering, a major online and on campus course run by Stanford University yes , the same one where all the kids got rich making facebook apps is running a course on how to build a Startup from the ground up.

And guess what the major project is?

A Bitcoin based Crowd Funding site!!!

Think about it over 140,000 highly motivated independent entrepreneurs are learning how to build apps for bitcoin!

Granted 90% will probably drop out, or have no interest in bitcoin....

But what about the remaining 10%??

10% of 100k is still 14,000 entrepreneurs.

Even if only 90% of those are failures or move onto better things

This still leaves 1,400 of the most capable people on earth who are now building new things for bitcoin.

An amazing number. At the very least we'll get a new crowdfunding site out of it that will trump anything out there at present. At best we could see a whole new bubble of innovation get spawned from this.

Not to mention the crowdfunding site in itself will spawn innovation.

I'm cancelling my sell orders. It's only up up up from here!

http://startup.stanford.edu/

[naphto]

Yes, I will buy all bitcoins I can now, thank you for that thread.
By tomorrow the price will be over 9k

[btceic]

I am looking at the link that you provided and I do not see anything related to bitcoin or the project that you mentioned, can you provide a better link or where you saw that information?

[JimboToronto]

This still leaves 1,400 of the most capable people on earth who are now building new things for bitcoin.

New things that are still months or years from fruition. Yes, Bitcoin will soar again. Just don't expect it to happen overnight.

[massivebitman]

Yes, I will buy all bitcoins I can now, thank you for that thread.
By tomorrow the price will be over 9k

Haha. Yeah. I know a bit ridiculous ey. Doesn't really matter what you say on here no matter how legit. One thing I've noticed is that very few people if any on this forum actually are big traders so can't really influence the price.  You'd hope they'd read it but I guess they get better info from somewhere than the tripe that is posted on here.

Anyway my hype aside, I invite people to discuss this on its merits.

[massivebitman]

I am looking at the link that you provided and I do not see anything related to bitcoin or the project that you mentioned, can you provide a better link or where you saw that information?

You might need to sign up for the course. I only know it because I'm doing it. It's the final project developed over the whole course, and students get ranked by BTC raised and social media activity. I think there are even prizes to be won.

Homework 3 out at the moment is the first part on building the basics for the site, so things will start ramping up soon.

If noone else does ill post more details when I'm back at my
PC.

[Akka]

Really interesting news, if true. This could really spark an interesting discussion if you hadn't posted it in the gambling section.

[massivebitman]

Really interesting news, if true. This could really spark an interesting discussion if you hadn't posted it in the gambling section.

Well don't take my word for it, I'm sure somebody will confirm it or will find some open to the unregistered public info about it.

What's this got to do with Gambling section?

[ElectricMucus]

How is that even relevant to Bitcoin?

[Akka]

What's this got to do with Gambling section?

I mean: Why you posted this under speculation?

If this is true this is indeed very interesting, but not because of the effects it may or may not have on the price.


Edit:

How is that even relevant to Bitcoin?

Do you even read threads before you post?

[btceic]

http://www.bandwidthblog.com/2013/06/24/stanfords-startup-engineering-courses-final-project-build-a-bitcoin-powered-crowd-funding-site/

One of the more illustrious tertiary education institutions in the United States now has an interesting course with an interesting final project. The course is called Startup Engineering and according to the lecturers, the motivation behind it is because it’s: “The class we wish we’d had before starting up our co/lab.” The final project to the course entails building a Bitcoin-powered crowd funding site.

The syllabus consists of 50% technology whereas the rest is mainly philosophy. It includes some multiple choice philosophy exams as well as programming assignments. Stanford is as the epicentre of Silicon Valley, and the university says that academia teaches you how to solve a problem, but not which problems are valuable to solve. This is what the course is meant to do.



The final project requires the students to setup a Bitcoin merchant account and feature their own product through Selfstarter, an open-source Kickstarter clone. Bitcoin is an open-source digital currency, and its uses seem endless. Its value can be very volatile though (check out our in-depth analysis here, where we look at its value as a currency and its use as a commodity). Some South African companies have also taken to the platform to receive payments.

https://spark-public.s3.amazonaws.com/startup/lecture_slides/lecture0-v3-logistics.pdf


Final Project: Bitcoin Selfstarter
● 100,000+ final projects present unique problems
○ Rank/score automatically, yet allow creativity
○ Enrich beginners, but challenge advanced students
○ Complete within relatively short course period, but simulate
as much of startup founding process as possible
● After much deliberation...
○ Selfstarter is an open-source Kickstarter clone (1, 2, 3, 4)
○ Allows non-dilutive crowdfunding via pre-orders of
product, as opposed to dilutive crowdfunding via equity sale
○ Bitcoin is an open-source digital currency (1, 2, 3, 4)
○ Allows anyone to set up a merchant account and accept
payments from anywhere in the world
○ Final project = your node.js version of Selfstarter + sharing + Bitcoin + [your product]

[ElectricMucus]

How is that even relevant to Bitcoin?

Do you even read threads before you post?

Most of the time. If OP had linked the blog in above post I wouldn't had complained.

edit: And where is the 140,000 number coming from?
edit2: I suspect it's OPs ass... 

[massivebitman]

How is that even relevant to Bitcoin?

Do you even read threads before you post?

Most of the time. If OP had linked the blog in above post I wouldn't had complained.

edit: And where is the 140,000 number coming from?
edit2: I suspect it's OPs ass... 

I am taking the course. It's in the course announcements. The homework deadline was delayed because another 15k students signed up. Around that time afaik the course already was running at around 120-130k enrolments. Hence 140k.

[massivebitman]

And thanks to btceic for finding and posting that.

[Kazu]

Its not going to make a huge difference IMO, but its just one more way people are actually using Bitcoin as a currency, which is always nice.

[Nikolaj06]

Are you sure it's one project each person? I'd think that work like this is often done in 3-4 man groups? But still, this seems huge THAT many people getting a very good understanding of bitcoin over a relative short period, who are most likely from many corners of the country/world... This may just be the cause of the "next leg up" in a year or so !

4 digits, hell yeah!

[BitChick]

Are you sure it's one project each person? I'd think that work like this is often done in 3-4 man groups? But still, this seems huge THAT many people getting a very good understanding of bitcoin over a relative short period, who are most likely from many corners of the country/world... This may just be the cause of the "next leg up" in a year or so !

4 digits, hell yeah!

Yes this is great news!    Stanford is so impressive when it comes to being on the front end of leading technology.  Glad they are seeing the huge potential and embracing it and helping to bump it up to the next level!

[BitChick]

Also, having Stanford's help only brings more legitimacy to BTC! 

[ElectricMucus]

How is that even relevant to Bitcoin?

Do you even read threads before you post?

Most of the time. If OP had linked the blog in above post I wouldn't had complained.

edit: And where is the 140,000 number coming from?
edit2: I suspect it's OPs ass...  

I am taking the course. It's in the course announcements. The homework deadline was delayed because another 15k students signed up. Around that time afaik the course already was running at around 120-130k enrolments. Hence 140k.

Eww, don't show me that.

hint: Your freaking ass.

[niothor]

http://www.thebitcoinchannel.com/archives/13192

hmm , hmm hmm


Stanford just released their Startup Engineering class on Coursera. One of the final projects is a Bitcoin Selfstarter crowdfunding site!