I've stated on another thread that there exist several business models based on users using Bitcoin and purposely directing others to view the blockchain, thus showing others that they've received and sent bitcoins. In this post, I'll briefly outline one such scenario, and welcome all other similar ideas on this thread, coupled with your suggestions or reason on why this, or any other idea, won't work.
YouTube currently has a Partner Program in place that pays out a percentage of the revenue Google earns by those ads you sometimes see on some videos. But what if a person either opt out of that program or supplement that revenue stream with an alternative Bitcoin program. The following is one example of how it could work.
My name is Tom Arnold. I'm an avid hunter. I'm about to start taking videos of all my hunt outings and post those videos on YouTube. I may or may not join their Partner Program, but I will embrace Bitcoin as part of my business model. My user name on YouTube will be 1TurkeyBob1, a perfect fit for my brand Turkey Bob
1TurkeyBob1 just happens to be the Firstbits to my vanity Bitcoin address 1TurkeyBob1ab3MEt5SFj74ZBcF2Mk97Aah4ac (not a real address). I will have this address on my website, my 100's of YouTube videos, as well as all the major social media sites. In a concise manner, I will describe what that address is all about and how viewers can tip me if they've found value in viewing my videos. Likewise, I will only favorite videos that I like which also use the same program and that I have tipped them with bitcoins. By viewing the blockchain, one will be able to see what I've earned and what I've tipped.
If I've done the math correctly, after 10M views, and if on average everybody tipped 1/10 of a penny, I will earn $10K USD. I plan on tipping a dime ($.10 USD) for each video I favorite, because the videos I do favorite will be of value to me.C0017A
is a YouTuber with 558 subscribers and 598,928 video views with 189 uploaded videos. Using the same calculations as above, he would have earned about $600 USD to date. I can envision his Firstbits as 1Coo17A.warrior412
has 6,271,214 viewers for this one stupid video alone: http://www.youtube.com/watch?v=zZmMwP5bELE
Now, if his user name were 1Warrior1 or, at the very least, he displayed this as his tip address, I would have been inclined to favorite that video, but I'm on a mission to only favorite videos that I'm capable of tipping first-hand.
There are some videos that I like so much, I'm going to contact them and let them know not only what I'm up to, but why.
If you like this idea, please tip 1TurkeyBob1 (not a real address).
There you have it, folks. Only one example on how have Bitcoin transparency could play out.