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lathomas64
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August 16, 2011, 02:03:07 PM
 #1

I think that food and shelter are the most important things to make available via bitcoin to get it really entrenched. If I can have a place to stay and can eat with bitcoin I no longer NEED to exchange any of my coins for USD or any other currency. This would be the begining to people being able to live off the fiat grid. Anyone else agree?

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August 16, 2011, 04:35:39 PM
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You have just mention the Maslow's basic needs of the hierarchy of needs. If bitcoin can be used just to satisfy the basic necessities to stay alive, that'll bring bitcoin a little closer to adulthood and a more stable price. That is the problem now ... not many merchants are accepting bitcoins.
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August 16, 2011, 09:34:21 PM
 #3

You know this is something that i have been thinking about a lot.

My mind is playing around with ideas that could make this happen for myself and others.

Had one random idea that came from installing my own solar array on my home. How about a massive farm/barn/solar farm in the UK taking advantage of feed in tariffs and having miners living and running the rigs/thier rigs but also a large hydroponics setup, some bee hives and some livestock etc etc..

Can anyone come up with a system that might make something like this work?

Sounds like a comune to me tho  Undecided   surely we can come up with some cool ideas?
 

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August 17, 2011, 01:45:03 AM
 #4

I'm all for a Bitcoin commune.  Sounds fun.

A farmers market selling items for Bitcoin would help too.  At least in rural areas.

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August 17, 2011, 11:06:39 AM
 #5

A farmers market selling items for Bitcoin would help too.  At least in rural areas.

Run power, a PC and an Internet connection to a rural stall, wait up to a hour for transactions to be confirmed... or just use cash.  I know which one is much cheaper and easier.

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August 17, 2011, 01:23:55 PM
 #6

A farmers market selling items for Bitcoin would help too.  At least in rural areas.

Run power, a PC and an Internet connection to a rural stall, wait up to a hour for transactions to be confirmed... or just use cash.  I know which one is much cheaper and easier.

Laptop, aircard or phone, and give them the stuff based on unconfirmed transactions.  Practically instant.

The risk factor of someone double spending is fairly small.  The cost of managing to double spend far exceeds the value of my veggies.  And even if someone does do it, I think I can live with the cost of losing a few veggies.

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August 17, 2011, 01:35:00 PM
 #7

You know this is something that i have been thinking about a lot.

My mind is playing around with ideas that could make this happen for myself and others.

Had one random idea that came from installing my own solar array on my home. How about a massive farm/barn/solar farm in the UK taking advantage of feed in tariffs and having miners living and running the rigs/thier rigs but also a large hydroponics setup, some bee hives and some livestock etc etc..

Can anyone come up with a system that might make something like this work?

Sounds like a comune to me tho  Undecided   surely we can come up with some cool ideas?
 


Sounds like it'd be worthwhile to find people selling solar equipment and/or hydroponics equipment for bitcoin then! Doesn't have to be a commune, you could charge the miners bitcoin for their space.

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August 17, 2011, 05:01:53 PM
 #8

You know this is something that i have been thinking about a lot.

My mind is playing around with ideas that could make this happen for myself and others.

Had one random idea that came from installing my own solar array on my home. How about a massive farm/barn/solar farm in the UK taking advantage of feed in tariffs and having miners living and running the rigs/thier rigs but also a large hydroponics setup, some bee hives and some livestock etc etc..

Can anyone come up with a system that might make something like this work?

Sounds like a comune to me tho  Undecided   surely we can come up with some cool ideas?
 


Sounds like it'd be worthwhile to find people selling solar equipment and/or hydroponics equipment for bitcoin then! Doesn't have to be a commune, you could charge the miners bitcoin for their space.

One of my friends has a hydroponics shop locally and he's willing to accept Bitcoin, but there's no POS integration with his software (QuickBooks Pro). I don't have time to write a plug-in now as I'm working on something else, but I can tell you right now that he's willing to do this.  I don't think he's got a shopping cart set up either, I'll talk to him about getting one set up to sell online if he wants and then I can hook up a Bitcoin payment module there.

Edit: On that note, my brother and I have a few acres we're working on turning into an orchard. I plan on selling produce for Bitcoin, but it's going to take a few years to come into production.

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August 17, 2011, 05:15:17 PM
 #9

There are several services available for exchanging bitcoins for amazon gift cards.  You can buy nearly anything on amazon... 

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[]
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August 17, 2011, 05:26:53 PM
 #10

You know this is something that i have been thinking about a lot.

My mind is playing around with ideas that could make this happen for myself and others.

Had one random idea that came from installing my own solar array on my home. How about a massive farm/barn/solar farm in the UK taking advantage of feed in tariffs and having miners living and running the rigs/thier rigs but also a large hydroponics setup, some bee hives and some livestock etc etc..

Can anyone come up with a system that might make something like this work?

Sounds like a comune to me tho  Undecided   surely we can come up with some cool ideas?
 


Sounds like it'd be worthwhile to find people selling solar equipment and/or hydroponics equipment for bitcoin then! Doesn't have to be a commune, you could charge the miners bitcoin for their space.

One of my friends has a hydroponics shop locally and he's willing to accept Bitcoin, but there's no POS integration with his software (QuickBooks Pro). I don't have time to write a plug-in now as I'm working on something else, but I can tell you right now that he's willing to do this.  I don't think he's got a shopping cart set up either, I'll talk to him about getting one set up to sell online if he wants and then I can hook up a Bitcoin payment module there.

Edit: On that note, my brother and I have a few acres we're working on turning into an orchard. I plan on selling produce for Bitcoin, but it's going to take a few years to come into production.

That sounds great.  Where in the world are you guys located?  If I am anywhere nearby, you'll have my business.

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August 17, 2011, 05:40:48 PM
 #11

One of my friends has a hydroponics shop locally and he's willing to accept Bitcoin, but there's no POS integration with his software (QuickBooks Pro). I don't have time to write a plug-in now as I'm working on something else, but I can tell you right now that he's willing to do this.  I don't think he's got a shopping cart set up either, I'll talk to him about getting one set up to sell online if he wants and then I can hook up a Bitcoin payment module there.

Edit: On that note, my brother and I have a few acres we're working on turning into an orchard. I plan on selling produce for Bitcoin, but it's going to take a few years to come into production.

That sounds great.  Where in the world are you guys located?  If I am anywhere nearby, you'll have my business.

The hydroponics store is in central VA; our land is in southern VA. My girlfriend also makes cakes and I'm trying to get her over to the Bitcoin side. Smiley

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August 17, 2011, 05:52:24 PM
 #12

I'm in northern MD, so I guess that won't work.

Still... if I'm ever in town.  I'll make sure to PM you before  I head out.

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August 17, 2011, 05:56:30 PM
 #13

I'm in northern MD, so I guess that won't work.

Still... if I'm ever in town.  I'll make sure to PM you before  I head out.

Absolutely. I drive through MD once in a while, too.

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August 17, 2011, 06:25:22 PM
 #14

You have just mention the Maslow's basic needs of the hierarchy of needs. If bitcoin can be used just to satisfy the basic necessities to stay alive, that'll bring bitcoin a little closer to adulthood and a more stable price. That is the problem now ... not many merchants are accepting bitcoins.

If we are following that we are going to need bitcoin hookers too.

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August 17, 2011, 08:01:24 PM
 #15

You have just mention the Maslow's basic needs of the hierarchy of needs. If bitcoin can be used just to satisfy the basic necessities to stay alive, that'll bring bitcoin a little closer to adulthood and a more stable price. That is the problem now ... not many merchants are accepting bitcoins.

If we are following that we are going to need bitcoin hookers too.

I've been toying with an idea for an escrow (and ratings?) service (running on Tor) for potentially dangerous in-person transactions (major drug deals, prostitution, etc.) where the potential for violence or nondelivery (by counterparty or government) is high.  This would involve delayed payouts, forwarding addresses in case any of the parties end up incommuincado (dead/imprisoned/tortured/etc.), etc.  It would be difficult to do arbitration, so it would probably involve really high escrow that include insurance for nonperformance by either party and/or some sort of refundable deposit from each party as collateral for a successful transaction.  Mutual ratings and transaction history would help with insurance underwriting, etc.

That and a cash-settled marijuana price futures exchange would probably make Bitcoin attractive enough to large-scale drug cartels and gangs that it would drive adoption and value very high and very quickly.  Then again, it would probably increase the motivation of the powers that be to destroy the Bitcoin network, possibly before the network is resilient enough to survive a concerted attack.

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August 18, 2011, 04:21:01 PM
 #16

You have just mention the Maslow's basic needs of the hierarchy of needs. If bitcoin can be used just to satisfy the basic necessities to stay alive, that'll bring bitcoin a little closer to adulthood and a more stable price. That is the problem now ... not many merchants are accepting bitcoins.

If we are following that we are going to need bitcoin hookers too.

I've been toying with an idea for an escrow (and ratings?) service (running on Tor) for potentially dangerous in-person transactions (major drug deals, prostitution, etc.) where the potential for violence or nondelivery (by counterparty or government) is high.  This would involve delayed payouts, forwarding addresses in case any of the parties end up incommuincado (dead/imprisoned/tortured/etc.), etc.  It would be difficult to do arbitration, so it would probably involve really high escrow that include insurance for nonperformance by either party and/or some sort of refundable deposit from each party as collateral for a successful transaction.  Mutual ratings and transaction history would help with insurance underwriting, etc.

That and a cash-settled marijuana price futures exchange would probably make Bitcoin attractive enough to large-scale drug cartels and gangs that it would drive adoption and value very high and very quickly.  Then again, it would probably increase the motivation of the powers that be to destroy the Bitcoin network, possibly before the network is resilient enough to survive a concerted attack.

Despite my joke about bitcoin hookers I don't think we should be actively supporting criminal activity going on with bitcoin.(I don't agree with prostitution being illegal in my country but that's another issue entirely) If we make it a viable currency and bolster the economy the underside will happen on its own.

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August 20, 2011, 03:20:57 PM
 #17

You have just mention the Maslow's basic needs of the hierarchy of needs. If bitcoin can be used just to satisfy the basic necessities to stay alive, that'll bring bitcoin a little closer to adulthood and a more stable price. That is the problem now ... not many merchants are accepting bitcoins.

If we are following that we are going to need bitcoin hookers too.

 Grin oldest profession. I guess you'd be right!
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August 22, 2011, 02:28:38 PM
 #18

You have just mention the Maslow's basic needs of the hierarchy of needs. If bitcoin can be used just to satisfy the basic necessities to stay alive, that'll bring bitcoin a little closer to adulthood and a more stable price. That is the problem now ... not many merchants are accepting bitcoins.

If we are following that we are going to need bitcoin hookers too.

 Grin oldest profession. I guess you'd be right!

except hunting, gathering, and farming

CTO and lead developer at Cliché Studio
free bitcoin every day
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