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Author Topic: Satoshi Nakamoto, here's an idea for you (if you are still out there):  (Read 548 times)
carlisle1
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November 04, 2019, 11:12:28 AM
 #41

how much is 10k satoshi?what would human has to do with this dust?and why on earth Satoshi will do such?cryptocurrency must accumulate with their own risk and not just to be fed

and if i were the man?i would rather use all the Bitcoin on my wallet to Build schools and university worldwide and has a major subject about Blockchain and cryptocurrency  so people would learn about what is this and the future will benefits and not just those wallet company by sending dusts on each
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November 04, 2019, 03:44:56 PM
 #42

why would anybody want that at all? we want people to choose bitcoin after they see the financial sovereignty that they can gain if they were using bitcoin instead of anything else. what you are suggestion would only mean one thing and one thing only, people who receive "free money" and dump it right away. it won't even achieve what you hope for (that is adoption).

Let's face the reality, even everyone have 10k satoshis it doesn't necessarily mean that we can fully achieve adoption. Pretty sure some wouldn't care tho. And why we will pushing this too hard to people that don't want to use it and moreover it will be useless.

While for the kyc, people don't bother to submit in exchange of less than a dollar. *even you say 10k sats will be something, eventually.

Adoption take years and we don't even know when, tbh.


True, some would not care indeed. Most older generations would not interested anymore,better to target the young ones and millennial. KYC  issues is another hindrance here for countries that  has Data Privacy Law.Educating the masses is the main key for adoption here and by letting different sector to use bitcoin  whether in groceries sores, salary,pension,insurance,ticketing is a good start.

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November 04, 2019, 07:11:03 PM
 #43

Regulation and legalization are the only way for holistic adoption growth!

I will not claim that I have enough economic knowledge to have a solid idea about how to launch BTC globally. But I do know that BTC has been launched as a libertarian concept of decentralization, and so I am 100% sure that of all the possibilities that Satoshi had in mind, regulation and legalization were definitely the last.

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November 04, 2019, 07:56:20 PM
Last edit: November 05, 2019, 12:51:16 AM by franky1
 #44

Bitcoin 2.0 would be Bitcoin from scratch. The only thing we would reuse is the Bitcoin genesis block to respect Satoshi.

there is already a couple hundred altcoins that restarted at block 1 using the satoshi genesis..
but your proposal was not to start at block 1 again but start years after and change some code to make it possible to unlock the coins locked in the addresses from 2009-10 to be used as givaway.

seems your concept is changing so hasnt been thought out.. as i state a couple weeks ago

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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November 04, 2019, 07:59:52 PM
 #45

Regulation and legalization are the only way for holistic adoption growth!

I will not claim that I have enough economic knowledge to have a solid idea about how to launch BTC globally. But I do know that BTC has been launched as a libertarian concept of decentralization, and so I am 100% sure that of all the possibilities that Satoshi had in mind, regulation and legalization were definitely the last.

Legalization is not something we can control and that is not something we can even plan for. If countries want to ban Bitcoin then they can hopefully by the time that happens the majority of people would have already been sick to death of the government and the ban actually does the opposite of what they want. If you look at how China banned Bitcoin and that did not affect people using it in china then I would be very confident about legalization and the future outlook of Bitcoin.
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November 04, 2019, 08:48:14 PM
 #46

Why would Satoshi do something like that. Even our parents or we wouldn't do that. Cheesy Satoshi can do much more helpful things for Bitcoin instead of giving 10,000 satoshi to everyone I think.

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November 04, 2019, 10:14:56 PM
 #47

I understand this is actually a good idea by giving free money in the form of bitcoin, with the intention of increasing adoption
bitcoin to the whole world. But if we think rationally it's not effective to do, first 10k satoshi for some people a very small amount
that must be obtained by giving KYC for money worth under 1 $ it people are not interested. The second most of the world
community does not understand bitcoin, which does need more education. The third 10k satoshi, if we get nothing, we can't
buy anything, even buying food is still lacking. The conclusion was a good idea but it was not effective to realize. And I'm very
sure Satoshi Nakamoto won't do that.

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Kambal2000
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November 05, 2019, 06:38:02 AM
 #48

I understand this is actually a good idea by giving free money in the form of bitcoin, with the intention of increasing adoption
bitcoin to the whole world. But if we think rationally it's not effective to do, first 10k satoshi for some people a very small amount
that must be obtained by giving KYC for money worth under 1 $ it people are not interested. The second most of the world
community does not understand bitcoin, which does need more education. The third 10k satoshi, if we get nothing, we can't
buy anything, even buying food is still lacking. The conclusion was a good idea but it was not effective to realize. And I'm very
sure Satoshi Nakamoto won't do that.

Although, this is a good idea, but I think this is not the right thing to do, we do have lots of time to earn Bitcoin, we have given time, freedom to choose, hands and feet to work, so we should have no reason at all not to have even small amount of Bitcoin, we should not rely on Satoshi giving his Bitcoins for free, we should not rely on bounties, on airdrops and giveaways, mining and trading is there for us to earn more, let's grow up and let's choose to earn in a decent way.

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