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Author Topic: [PRESS RELEASE] Free State Project Now Accepting Bitcoins  (Read 11032 times)
evoorhees
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October 08, 2011, 06:56:41 PM
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Contact: Christopher Lawless, Free State Project                  
FOR IMMEDIATE RELEASE
Email: clawless@freestateproject.org
Phone: 603-738-9213

NON-PROFIT GIVING MONEY AWAY TO RAISE MONEY
Project is sending digital Bitcoin currency to thousands of members

Oct. 8, 2011
Manchester, New Hampshire - The Free State Project is using the new online currency Bitcoin as a creative new promotional tool – ironically giving away free money, literally, to every subscriber on its mailing list.

In one week, the non-profit organization – which is an effort to encourage 20,000 “liberty lovers” to move to New Hampshire to work toward greater individual and economic freedom – will send a fraction of a Bitcoin to over fifteen-thousand subscribers on its mailing list. Each recipient will get exactly 0.01 Bitcoins, worth approximately $0.04 at current exchange rates.

The goal, as stated by Christopher Lawless, a Free State Project participant, is “primarily to inform our members that we are now accepting Bitcoin as a payment method for donations and event registration fees, but also to raise awareness of this new currency, which should be of interest for anyone who advocates liberty and voluntary exchange – principles at the core of our project.”

Bitcoin is a decentralized digital commodity, which emerged as an open-source project in 2009. Its supply is controlled by a hard-coded mathematical formula, as opposed to a central bank, and no person, company, or organization has monopoly control over it (in contrast to every other online payment method). The system enables instant, direct transfers between any two people, anywhere in the world, with avoidance of any bank or financial institution – and all those fees.

“The key is that this system is not transferring dollars, or euros, but instead an entirely new form of currency with a floating exchange rate based purely on supply and demand,” explains Ira Miller of BTCinch, the Denver-based company which built the email system for sending Bitcoins being used by the Free State Project. “Bitcoin is becoming an international phenomenon, and we’re happy to see the Free State Project staying ahead of the curve.”

“This simply couldn’t have been done with US dollars and traditional banking systems,” says Roger Ver, the FSP member who donated the Bitcoin funds for the promotion.  “I currently live in Japan, and this initiative required transferring the donation internationally, and then dividing that money into thousands of micropayments, all going to different people in different places. A bank wire from Japan to the US would’ve taken at least three days plus fees. With Bitcoin it took less than three seconds with no fees. Try to send someone a nickel with Paypal and you’ll find the fee itself is more than a nickel. ”

Bitcoin also permits recipients to maintain their financial privacy – a big concern in an age of identity theft and online bank scams. In fact, the Free State Project doesn’t need any financial information of its members in order to send them Bitcoins – all it needs is an email address.

“We’re hoping some of the gifts will be sent back as donations to us, but the more important goal was to find a creative way to announce this new donation method to our members. Our eyes are on the long-term, the future, and Bitcoin is very exciting for our project and human freedom in general,” says Lawless.

#  #  #
The Free State Project is an agreement among 20,000 pro-liberty activists to move to New Hampshire, where they will exert the fullest practical effort toward the creation of a society in which the maximum role of government is the protection of life, liberty, and property.

For further information, please contact Chris Lawless with the Free State Project at clawless@freestateproject.org
Press Release:  http://bit.ly/qQevfP



I'd like to have this Press Release posted on the major Bitcoin news outlets and will be contacting some of you for this purpose. If you'd like any details, please contact me for any relevant info (erikvoorhees  [a t] gmail).  Original link to the Press Release is here: http://bit.ly/qQevfP  and I can provide PDF version to any interested parties.

FYI this will be announced on nationally-syndicated Free Talk Live this evening. The "Bitcoin Blast" will be sent next weekend. Free State Project's Liberty Forum will be accepting Bitcoin as a payment method for registration (this event occurs in February at the Crowne Plaza in Nashua, New Hampshire - past speakers have included Ron Paul, Judge Napolitano, John Stossel, Cato staff, etc.). Bitcoin will have a large presence this year, and if you'd like to be a speaker or vendor at the event please contact me. Further, future events and FSP's online store will accept Bitcoin shortly.

BIG THANK YOU to Roger Ver of Memory Dealers who is funding this blast next weekend, and Ira and Victor of BTCinch.com for the email/payment/ewallet system - they've been extremely attentive and helpful as we get this launched.

And PLEASE DONATE to Free State Project if you care about liberty! The project is becoming a great ally of Bitcoin, so please show your support! Or better yet, sign up and get your ass out here!  Donate here: http://freestateproject.org/getinvolved/donate.php
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October 08, 2011, 06:59:57 PM
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Hoping this news raises the price ? Fat chance. Sorry  Smiley
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October 08, 2011, 09:31:23 PM
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Dude, awesome, this is big.  Lots of new holders of Bitcoin coming up Smiley

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October 08, 2011, 09:50:52 PM
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Posted to my blog.

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October 08, 2011, 11:09:20 PM
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Thanks to Eric Voorhees and Chris Lawless as well.
Without them,  none of this would have happened.

Thanks guys!

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October 08, 2011, 11:56:37 PM
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Dude, awesome, this is big.  Lots of new holders of Bitcoin coming up Smiley

Hope so! We think that the Free State Project is a perfect fit for Bitcoin. It is, after all, one of the freest currencies ever even proposed.

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October 09, 2011, 12:03:43 AM
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I love this spin piece lol

"[Rumor] Evil Conspiracy to Get Ron Paul to Use Bitcoin?" - http://tattlecoin.com/2011/rumor-evil-conspiracy-ron-paul-bitcoin/

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October 09, 2011, 12:06:30 AM
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Dude, awesome, this is big.  Lots of new holders of Bitcoin coming up Smiley

Well, more important than being just holders of the coins, many Free Staters will be using them as a currency. They already do this with silver extensively. These are not people who will buy coins to "make money"... they are people who will understand the use case, and they have the ideological backing to become early adopters (the current inconveniences of Bitcoin won't phase them as much).
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October 09, 2011, 01:27:30 AM
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Hoping this news raises the price ? Fat chance. Sorry  Smiley
Who cares about the exchange rate? Distributing bitcoins like this will increase the percentage of bitcoiners who actually _use_ them instead of merely speculating. This approach has a greater chance of creating a stable bitcoin economy.

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October 09, 2011, 01:46:43 AM
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This is good.  They have a high profile among alternative political groups.

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October 09, 2011, 01:53:12 AM
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Good news. Is there any way we can make donations?

If you see any of my suggestions useful, please donate me. http://btc.to/ec
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October 09, 2011, 01:59:24 AM
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Good news. Is there any way we can make donations?

Well yes, that's the point! =)

Go here:  http://freestateproject.org/getinvolved/donate.php

If you donate, Thomas Jefferson's ghost will visit you while you sleep and bless you with a life of success and fortune.
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October 09, 2011, 02:33:57 AM
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Reddit posted here, please vote up!:  http://www.reddit.com/r/Bitcoin/comments/l5mk5/free_state_project_now_accepts_bitcoin_donations/?utm_medium=twitter&utm_source=Fancy+Show+Tech
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October 09, 2011, 02:45:18 AM
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/r/Bitcoin is preaching to the choir, I urge you all to reddit up on this quickly http://www.reddit.com/r/Libertarian/comments/l5npp/free_state_project_giving_away_money_to_raise/  as I am not sure how /r/Libertarian takes to strangers posting links in their section :p

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October 09, 2011, 03:28:58 AM
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Great news!  Grin

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October 09, 2011, 03:32:46 AM
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Is there a number or estimate on how many people are on their mailing list?

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October 09, 2011, 03:43:22 AM
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Is there a number or estimate on how many people are on their mailing list?

I read 15,000 ?  Huh

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October 09, 2011, 04:10:25 AM
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Free State Project's Liberty Forum will be accepting Bitcoin.  Bitcoin will have a large presence this year, and if you'd like to be a speaker or vendor at the event please contact me.

Promote my free-market browser MMO (which accepts bitcoin) at a Free Stater gathering where bitcoin is a focus?  Can't really pass that up.

BTC accepted at my browser-based MMO, Minethings.com.  ~1500 active players mining now.
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October 09, 2011, 04:29:45 AM
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Posted.

http://bitcoinmedia.com/the-free-bitcoin-project-fsp-sending-digital

Thanks for everyone who helped make this a reality.

Also submitted to free talk live http://www.freetalklive.com/content/free_state_project_sending_bitcoin_currency_thousands_members

If they mention it on the show can someone send me a clip ?

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October 09, 2011, 04:39:53 AM
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Is there a number or estimate on how many people are on their mailing list?

Roughly 15k on the mailing list... so that many people will be getting a tiny microdonation in one week. Most will ignore or not care. Some will be marginally interested, and some very interested.
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