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Author Topic: Justin Bieber & Bitcoin  (Read 10390 times)
Phinnaeus Gage
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August 16, 2011, 06:35:32 PM
 #1

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One of the most loved young singers of the moment, Justin Bieber enjoys mostly a female following, which would go to great lengths to show their love and support for him.

I snatched the above quote from some website to drive the point I'm about to make, home.

What if Justin Bieber donned a small Bitcoin symbol somewhere on his apparel? All he has to do is wear it, not be a spokesperson for Bitcoin. In fact, it's best he not even talk about it. Just wear it wherever he goes. The conversation of him doing such would go viral.

Now, you may wonder why he would do this if there's nothing in it for him doing it. I'll address that concern with a question: What if he, or his manager, purchased X amount of Bitcoin prior to his start of donning the Bitcoin symbol for the sole purpose of cashing out once their position reaches a predetermined point?

And it doesn't have to be JB, for this idea to work. Any well known personality could do this, thereby increasing the awareness for Bitcoin, and everybody wins.

Then again, perhaps I'm overloading the cart for the donkey, again. (from the idiom: the cart before the horse)


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August 16, 2011, 06:41:08 PM
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Yes, I can see it now. Tweens trading Zhu Zhu pets with each other for bitcoins. It's genius! Cheesy

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Phinnaeus Gage
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August 16, 2011, 06:42:46 PM
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Yes, I can see it now. Tweens trading Zhu Zhu pets with each other for bitcoins. It's genius! Cheesy

You'll be surprised how much money tweens enjoy spending. For them, it's all disposable income. Another fact is my 10th grade nephew knows more about TOR then I do. I asked him how many students at his school know about and use TOR. His reply--Every one of them. Bitcoin is somewhat of an adjunct of that.

Remember, JB is just an example. Can you think of another known personality this would work for? Maybe some upcoming star?
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August 16, 2011, 06:52:51 PM
 #4

+1 you're right & and you have a really good point. Wasn't making fun of your post Cheesy Most of the current generation already understands virtual currency in the form of game credits and points cards so I think bitcoin having stuff like that wouldn't be far off and would definitely be a boost to merchants and the bitcoin economy. Digital natives who already get technology could start using Bitcoin right away. And JB already endorses Google Chrome.

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Phinnaeus Gage
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August 16, 2011, 06:57:20 PM
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+1 you're right & and you have a really good point. Wasn't making fun of your post Cheesy Most of the current generation already understands virtual currency in the form of game credits and points cards so I think bitcoin having stuff like that wouldn't be far off and would definitely be a boost to merchants and the bitcoin economy. Digital natives who already get technology could start using Bitcoin right away. And JB already endorses Google Chrome.

It would be considered a silent endorsement. No words or comments needed. The person(s) who does this has nothing to lose, and a lot to gain. Unless, of course the negative media disses the persons for quasi-attaching themselves to Bitcoin
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August 16, 2011, 08:03:25 PM
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Good idea. I'd recommend lady gaga. Seems like an enterprising businesswoman Tongue

But then, these people are probably so rich already why would they speculate on BTC? Unless they particularly like BTC.

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August 16, 2011, 08:04:31 PM
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Who wants to pay the million plus cost of such an endorsement?

O.o
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August 16, 2011, 08:42:01 PM
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Bieber is making so much money. The Bitcoin logo with capital B ('B'ieber) that looks like a dollar sign fits him like a glove.

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August 16, 2011, 08:55:42 PM
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I realize there's a shortage of girls on this forum, but this is just a terrible idea.

Bitcoin is here to revolutionize the world so it would be best if we kept the likes of Justin Bieber and anything/anyone to do with him out. Besides, it's easier using daddy's cash and credit cards.

Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.

My address -
1EM9HGg1SEa5Bux1rVEPxGqGSfNTTc9EkC
Phinnaeus Gage
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August 16, 2011, 09:08:12 PM
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Who wants to pay the million plus cost of such an endorsement?

I addressed this. There is no endorsement cost involved.
Phinnaeus Gage
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August 16, 2011, 09:10:04 PM
 #11

I realize there's a shortage of girls on this forum, but this is just a terrible idea.

Bitcoin is here to revolutionize the world so it would be best if we kept the likes of Justin Bieber and anything/anyone to do with him out. Besides, it's easier using daddy's cash and credit cards.

This has nothing to do with getting more women on the site. JB was just an example. The idea is to get more people involve, thus creating more commerce to fee the demand.
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August 16, 2011, 09:13:06 PM
 #12

Good idea. I'd recommend lady gaga. Seems like an enterprising businesswoman Tongue

But then, these people are probably so rich already why would they speculate on BTC? Unless they particularly like BTC.

People who are so rich, don't put their money in mason jars and bury it in the woods. They invest, to earn more money. They are always seeking new ways to increase their position. Bitcoin could be one of those avenues. Remember, it would only take one to propel this movement. http://blog.ted.com/2010/04/01/how_to_start_a/
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August 16, 2011, 09:15:41 PM
 #13

If b-ber got involved, I might have to dump bitcoin.
Phinnaeus Gage
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Bitcoin: An Idea Worth Spending


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August 16, 2011, 09:24:59 PM
 #14

If b-ber got involved, I might have to dump bitcoin.

See the beauty of this thread? One has to know who Justin Bieber is to hate him. Say JB starting doing this, and because of that YOU saw an article about Bitcoin you wouldn't have found otherwise. Try to remember where you first read about Bitcoin. It possibly didn't stem from an article taking about little Susie and her lemonade stand.

 I knew beforehand that there would be JB haters, hence using other examples, but titling this thread using his name. JB may well be a terrible example, but is the idea sound?

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August 16, 2011, 09:45:26 PM
 #15

Remember, JB is just an example. Can you think of another known personality this would work for?


Adolf Bitler perhaps?
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August 16, 2011, 09:55:09 PM
 #16

You'd better hope he doesn't start his own biebercoin... People on these boards will jump ship to anything in order to be early adopters...

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August 16, 2011, 11:59:53 PM
 #17

I realize there's a shortage of girls on this forum, but this is just a terrible idea.

Bitcoin is here to revolutionize the world so it would be best if we kept the likes of Justin Bieber and anything/anyone to do with him out. Besides, it's easier using daddy's cash and credit cards.

This has nothing to do with getting more women on the site. JB was just an example. The idea is to get more people involve, thus creating more commerce to fee the demand.

The fact that you chose justin bieber as your prime example has made me lose respect for you.

Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.

My address -
1EM9HGg1SEa5Bux1rVEPxGqGSfNTTc9EkC
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August 17, 2011, 12:17:40 AM
 #18

My first thought was: Bitcoin is not ready for JB fans.

Your idea isn't completely ridiculous; there might be another celebrity that would do this, but probably not quite yet. I reckon it should be someone that has a relatively intelligent following; not a bunch of teen girls who will just go "WTF" and forget about it. Maybe someone like Jon Stewart or Colbert.

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August 17, 2011, 12:35:36 AM
 #19

If b-ber got involved, I might have to dump bitcoin.

See the beauty of this thread? One has to know who Justin Bieber is to hate him. Say JB starting doing this, and because of that YOU saw an article about Bitcoin you wouldn't have found otherwise. Try to remember where you first read about Bitcoin. It possibly didn't stem from an article taking about little Susie and her lemonade stand.

 I knew beforehand that there would be JB haters, hence using other examples, but titling this thread using his name. JB may well be a terrible example, but is the idea sound?

Comments?

lol - our respective points are proven

I guess b-ber will do b-ber-coin on his apple i-thingy
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August 17, 2011, 12:36:07 AM
 #20

Well, in his first posts in the cryptography list, Satoshi gave the example that public figures, like Justin Bieber, could use Bitcoin in the following way:
Code:
It can already be used for pay-to-send e-mail.  The send dialog is
resizeable and you can enter as long of a message as you like.
It's sent directly when it connects.  The recipient doubleclicks
on the transaction to see the full message.  If someone famous is
getting more e-mail than they can read, but would still like to
have a way for fans to contact them, they could set up Bitcoin and
give out the IP address on their website.  "Send X bitcoins to my
priority hotline at this IP and I'll read the message personally."
The original posting can be found here http://www.mail-archive.com/cryptography@metzdowd.com/msg10162.html

Sooooooooo... Let's convince someone famous to make money with their fan mail and we'll have all the publicity bitcoin needs to be mainstream Wink


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