Elwar (OP)
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Viva Ut Vivas
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August 08, 2011, 07:09:07 PM |
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So, went ahead and signed the pledge because I'll do my best to spend 10btc whenever I have 10btc. Though, the part the confuses me is the "only if 1000 people do the same." Eff that. I'm going to do it anyways. I'm not going to help the community only if everyone else is.
Good point on the "only if 1,000 people do the same" comment, otherwise you have something like what this JO did: https://bitcointalk.org/index.php?topic=34016.msg434059#msg434059The 1,000 part is twofold. One is so that people sign up knowing that they are not in this alone. The other is because with more people using Bitcoins for purchases, the more prices will stabilize. If you just try to spend 10 Bitcoin on your own and find that the fluctuations are too much, then you might get discouraged and you will be more likely to not continue. But if enough people do it all at the same time, then prices will become more stable and it will grow as a currency from there. I encourage people to spend on goods with or without the pledge, but I think 1000 people could make an impact. There are 500 people logged into this forum right now. We should be able to get 1000 people to actually do what Bitcoin is intended to do. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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Phinnaeus Gage
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Bitcoin: An Idea Worth Spending
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August 08, 2011, 07:17:08 PM |
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"I will spend at least 10 Bitcoins per month but only if 1,000 other people will do the same." sounds too negative, to me. ~I pledge this if, and only if, that. Why not, "I pledge to spend at least 10 Bitcoins per month."--without the quantifier? I like the gist of your idea, BTW. |
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Elwar (OP)
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Viva Ut Vivas
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August 09, 2011, 10:48:45 AM |
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For those looking at the price of Bitcoins going up for this pledge...just think about what that would mean. It would mean that it is becoming a viable currency if the price is going up. Which would mean that you can use it in more places.
If Bitcoin were to go up to $100/BTC I would not be spending $1000 per month on online goods in addition to my regular spending. I would be going to my local grocery store owner to encourage them to accept Bitcoins. If they do not accept them I would go to local farmers or food collectives. I would find an alternative to the big chains that do not accept Bitcoins. I would talk to local restaurant and bar owners that I frequent and explain Bitcoins to them, tell them that I have 10 BTC to spend per month and that it would benefit them to accept them. I would talk get the word out to mechanics about Bitcoin if my car needs serviced, and go to the one that accepts Bitcoins.
The pledge puts you in the driver seat for Bitcoin. For all of us.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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ukz.imba
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August 09, 2011, 10:56:11 AM |
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i would do that, but i don't have a 10btc/month income. i don't think i can reach 1btc/month. but i want to help the economy grow.
what do?
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indio007
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August 09, 2011, 11:18:11 AM |
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The bitcoin economy is doing better than people give it credit for http://bitcoinwatch.com/Economy Total BTC 7,011,500 BTC Market Cap
based on latest prices63,102,028 USD or 57,494,300 EUR or 174,305,890 PLN or 41,984,862 GBP or 60,188 ounces of gold Transactions
last 24h8,147 Transactions
avg. per hour339.46 Bitcoins sent
last 24h2,653,627.27 BTC <---- !!!!! Bitcoins sent
avg. per hour110,567.80 BTC |
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Elwar (OP)
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Viva Ut Vivas
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August 09, 2011, 01:11:27 PM |
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i would do that, but i don't have a 10btc/month income. i don't think i can reach 1btc/month. but i want to help the economy grow.
what do?
You make less than $1200 per year? Do you live in Haiti? |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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ukz.imba
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August 09, 2011, 02:11:12 PM |
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i would do that, but i don't have a 10btc/month income. i don't think i can reach 1btc/month. but i want to help the economy grow.
what do?
You make less than $1200 per year? Do you live in Haiti? i dont make 10btcs/month. BTCs. also im a student. |
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RSantana
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CoinedBits.com
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August 09, 2011, 05:45:23 PM |
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No better way to spend bitcoins than to buy physical bitcoin coins to help spread the bitcion message to the world. http://Coinedbits.com |
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Bitcoin Harbor
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August 09, 2011, 10:18:03 PM |
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Interesting idea, though I'm not sure why 1000 other people need to agree to make people want to encourage their use as a currency. Even for people holding Bitcoins as an investment, it makes sense to spend some of your coins. First, if you have a bunch, you can't sell them all without crashing the market. Second, if they don't take off as an actual currency, your "investment" will be absolutely worthless. The only possible value Bitcoins have is as a currency. If everyone just holds, we all end up with nothing. Bitcoins are a great currency system. Let's use it as one. (Of course I do have a suggestion as to where to spend some: http://bitcoinharbor.com) |
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