I invite you to notice that, A 21st century money of the Singularity, Bitcoin, needs a 21st century libertarian marketplace.....
P2P auctions using bitcoin. Have a blockchain record all financial transactions just like bitcoin, it is distributed so no central server nor company.
1. buyer pays and bitcoin enters into a wallet controlled by the computer program and not controlled by any person. private keys held by computer and not a person.
2. buyer's bitcoins are in escrow in the computer system.
3. seller sends stuff.
4. when buyer receives stuff, buyer hits a button to release the bitcoins to seller. buyer cannot get the bitcoins back.
If seller cheats buyer, buyer will not press button to release bitcoins to seller.
If buyer doesn't hit the button to release the bitcoins, buyer cannot get a refund so buyer cannot cheat the seller.
system is free to use. there are no auction fees.
bitcoins trapped in the system from buyers who have paid but not released the bitcoins to the seller, will be distributed to the "miners" after 30 days. The "miners" get the bitcoins for running the distributed central serverless network auction program for everyone to use for free.
All auction items are found with a simple search engine. There are no complicated menu trees and employees. The entire system is automated. System is encrpyted just like bitcoin so miners will not be liable for any crazy stuff people put on there since they do not know what is on there.
I am a sucky computer programmer or else I would've done this already. I invite you to hire some programmers to do this.
Many thanks,
I am a software engineer and fairly early adopter of Bitcoin. I have also recently quit my job.
I have a fairly large amount of Bitcoin that I would like to invest into bettering the Bitcoin community.
What is a product or service the industry is lacking or that can be done better?
I would love to get it up and running.