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Phinnaeus Gage
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Bitcoin: An Idea Worth Spending


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December 03, 2011, 02:30:09 AM
 #21

"Like Western Union via email and almost no fees."




Let them ask the questions.
Answer basic questions with simple answers.
When the questions stop, that is as far as they are ready to go.

Don't pitch the 'currency' to someone who is clueless.
Pitch the transfer of money between private parties using some free software.


Nobody has to hold Bitcoins. i.e. Dollars-->Bitcoins-->Dollars
Boom. Done.

The raison d'etre of Bitcoin is TRANSFER MECHANISM,
NOT
DEFLATIONARY
CURRENCY.

Most guys who are holding hefty chunks of Bitcoins want the
deflation-to-the-moon-currency argument made
so that they rapidly get more wild-eyed
speculators back on board
then cash out.

It's true.
It's also pretty basic human nature.
But it's bad for Bitcoin and bad karma for themselves.

Now, having said that, as more people see the utility
of this transfer mechanism,
they will have the disposition to hold it for longer periods of time.
And in that sense it develops, organically, its currency value, investment status.

But that is way beyond most people. They just want to be able
to move THE MONEY THEY KNOW with as little hassle as possible.

Bitcoin facilitates that.

The "store of value" pitch is a loser. IF people come to that belief then let
them do it out of their own experience with Bitcoin.

Because the world we increasingly live in is characterized by one thing more
than anything else - uncertainty!

So don't promise certainty when, in fact, you cannot. And everything
in people's daily life is telling them that 'certainty sellers' are total
con-men, frauds or idiots.

People are trying desperately hard to make rational decisions in an increasingly
insane environment. DON'T BE, OR EVEN LOOK LIKE, AN EFFING HUCKSTER,
which you immediately will if you hype Bitcoin as investment or start
talking about it as if it were gold.

Bitcoin is not gold; it's code.

In short, the only "certainty" that a newbie needs is a sense that
it is extremely unlikely that the entire Bitcoin system will crash
during the few minutes they use it to send money to Aunt Harriet.


Bitcoin: Where Code Outperforms Gold
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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paraipan
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December 03, 2011, 03:05:48 AM
 #22

i will give it a try...

"Everything we do we believe in challenging the status quo, we believe in thinking differently. The way we challenge the status quo is by making software beautifully designed, simple to use and user friendly, we just happen to make Bitcoin."

(my inspiration source http://www.youtube.com/watch?v=qp0HIF3SfI4)

BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
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December 03, 2011, 03:27:51 AM
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Bitcoin: Where Code Outperforms Gold




 Smiley


Depends on the chart.



Phinnaeus Gage
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December 03, 2011, 03:41:19 AM
 #24

i will give it a try...

"Everything we do we believe in challenging the status quo, we believe in thinking differently. The way we challenge the status quo is by making software beautifully designed, simple to use and user friendly, we just happen to make Bitcoin."

(my inspiration source http://www.youtube.com/watch?v=qp0HIF3SfI4)

Is this the fist copy and paste paraphrased sentence extracted from a YouTube video? BTW, I fixed it:

Everything we do, we believe in challenging the status quo, we believe in thinking differently. The way we challenge the status quo is by coding beautifully designed software that's simple to use and user friendly. We just happen to mine Bitcoin. Want us to transfer you some?

Yes, all tongue-in-cheek, but think about it. Isn't this the way we all should be thinking?

Why
How
What

In that order. Not versa visa.
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December 03, 2011, 05:25:27 AM
 #25

Bitcoin put simply, is an anonymous digital cash that has no central authority, no one can tax you or ban you from using it. It is a free way to send and receive money anywhere in the world, and I can use my Bitcoins to pay a bill, buy some food, lend my friend $20 or do just about anything the money in your pocket  does. Unlike paypal and credit cards Bitcoin is internet cash.

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December 03, 2011, 11:08:55 AM
 #26

"It's like paypal, but decentralized" is what I've said in these cases.  Where the conversation goes the other 25 seconds depends on the listener.
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December 03, 2011, 12:00:40 PM
 #27

Don't ever say "mine". Say "secure" or "record", and mention that that's CPU-intensive, and this gets a small reward. Mining money makes it seem like you're pulling bitcoins out of your ass, then get the other guy to pay for it.

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December 03, 2011, 12:13:58 PM
 #28

Bitcoin is a new currency "easy" to store and transfer worldwide. 50 are generated every 10 minutes in a randomly conected PC and they get their value from exchange markets given they are scarse and unfakables.

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December 03, 2011, 12:35:50 PM
 #29

Bitcoin is a new currency "easy" to store and transfer worldwide. 50 are generated every 10 minutes in a randomly conected PC and they get their value from exchange markets given they are scarse and unfakables.
I think this is the perfect way to make people believe this is a Ponzi scheme.

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December 03, 2011, 01:17:58 PM
 #30

i will give it a try...

"Everything we do we believe in challenging the status quo, we believe in thinking differently. The way we challenge the status quo is by making software beautifully designed, simple to use and user friendly, we just happen to make Bitcoin."

(my inspiration source http://www.youtube.com/watch?v=qp0HIF3SfI4)

Is this the fist copy and paste paraphrased sentence extracted from a YouTube video? BTW, I fixed it:

Everything we do, we believe in challenging the status quo, we believe in thinking differently. The way we challenge the status quo is by coding beautifully designed software that's simple to use and user friendly. We just happen to mine Bitcoin. Want us to transfer you some?

Yes, all tongue-in-cheek, but think about it. Isn't this the way we all should be thinking?

Why
How
What

In that order. Not versa visa.


thanks you Phinnaeus, i was hoping you will do that or somebody else that manages a little better than i do the language. Dunno about the mine verb in there though, create sounds more motivating. The last part has to be worked a little i think... how about this

"... Wanna be part of our project ?"

BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
cablepair
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December 03, 2011, 01:43:58 PM
 #31

stick to the facts, don't involve your ideology with it, even if it may or may not be a general consensus. It's not about motivation or intent, its about positives and negatives.
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December 03, 2011, 03:44:19 PM
 #32

It is really hard to explain unless they already know the problem of the current system or interesting in the new technology.
Phinnaeus Gage
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December 03, 2011, 05:26:08 PM
 #33

i will give it a try...

"Everything we do we believe in challenging the status quo, we believe in thinking differently. The way we challenge the status quo is by making software beautifully designed, simple to use and user friendly, we just happen to make Bitcoin."

(my inspiration source http://www.youtube.com/watch?v=qp0HIF3SfI4)

Is this the fist copy and paste paraphrased sentence extracted from a YouTube video? BTW, I fixed it:

Everything we do, we believe in challenging the status quo, we believe in thinking differently. The way we challenge the status quo is by coding beautifully designed software that's simple to use and user friendly. We just happen to mine Bitcoin. Want us to transfer you some?

Yes, all tongue-in-cheek, but think about it. Isn't this the way we all should be thinking?

Why
How
What

In that order. Not versa visa.


thanks you Phinnaeus, i was hoping you will do that or somebody else that manages a little better than i do the language. Dunno about the mine verb in there though, create sounds more motivating. The last part has to be worked a little i think... how about this

"... Wanna be part of our project ?"

Fixed! Instead of mine used as a verb, it's now a noun.  Grin

Seriously, this:

Everything we do, we believe in thinking differently, coupled with challenging the status quo. In accepting that challenge, we code user friendly, brilliantly designed software. We just happen to create Bitcoin. Wanna control your own bank?
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Let the chips fall where they may.


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December 03, 2011, 06:29:40 PM
 #34

I used: "With modern technology, the average person can run a bank from their back-pack." I also added "(If it takes off), governments would not be able to cut Iran and Syria off from the International banking system."

That second point is profound, if scary: not even governments can have their accounts frozen. The first point ensures that the average person can not have their accounts frozen either.

Edit: I also mentioned the concise, if technical: "Bitcoin is a peer to peer crypto-currency with a psuedonymous public transaction record."

James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE  0A2F B3DE 81FF 7B9D 5160
Phinnaeus Gage
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December 03, 2011, 07:39:57 PM
 #35

I used: "With modern technology, the average person can run a bank from their back-pack." I also added "(If it takes off), governments would not be able to cut Iran and Syria off from the International banking system."

That second point is profound, if scary: not even governments can have their accounts frozen. The first point ensures that the average person can not have their accounts frozen either.

Edit: I also mentioned the concise, if technical: "Bitcoin is a peer to peer crypto-currency with a psuedonymous public transaction record."

Bitcoin functions as a decentralized, peer-to-peer crypto-currency with a pseudonymous public transaction record.

(double check for comma and dash errors, as well as does a hyphen(s) need inserting--wish I would have paid better attention in English class instead of playing with my slide rule)
BitcoinRedLight
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December 03, 2011, 07:44:26 PM
 #36

In discussing Bitcoin, there are two paths:

1. Transaction
2. Currency

All currency conversations will lead to "ponzi".



Phinnaeus Gage
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December 03, 2011, 07:47:09 PM
 #37

In discussing Bitcoin, there are two paths:

1. Transaction
2. Currency

All currency conversations will lead to "ponzi".


Won't all transaction conversations lead to "banks"?
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December 03, 2011, 08:04:41 PM
 #38

In discussing Bitcoin, there are two paths:

1. Transaction
2. Currency

All currency conversations will lead to "ponzi".

Ponzi scheme is such an often overused and misunderstood term.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
Phinnaeus Gage
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December 03, 2011, 08:08:06 PM
 #39

In discussing Bitcoin, there are two paths:

1. Transaction
2. Currency

All currency conversations will lead to "ponzi".

Ponzi scheme is such an often overused and misunderstood term.

So is 'bank'.
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December 03, 2011, 09:55:23 PM
 #40

In discussing Bitcoin, there are two paths:

1. Transaction
2. Currency

All currency conversations will lead to "ponzi".


Won't all transaction conversations lead to "banks"?


If they do, that is a favorable conversation for Bitcoin.



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