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Author Topic: Letter to a company about Bitcoin  (Read 2269 times)
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March 12, 2012, 11:08:43 PM

I haven't sent it yet, please critique. Also feel free to adapt and use.

Maybe you're already familiar with Bitcoin, but just in case I want to give you a quick overview. You'll probably find it interesting at least even if you decide not to use it now.

Bitcoin is peer to peer money. No banks are required, any user can send bitcoins directly to another user without permission and without restriction. No one at all has special privilege with regards to Bitcoin or the Bitcoin network. Bitcoin is code that people run on their computers. It is also the name of the network that emerges when those computers are connected.

Bitcoin is a different currency, not another form of dollars like PayPal or Dwolla. It's value is set only by what people are willing to pay for it. Recently it's been fairly stable around $4.90/BTC, but historically it fluctuates a lot. is the largest exchange, in the last day people traded about $200,000 worth of Bitcoins there. helps businesses integrate bitcoin and if desired sell them automatically upon receipt to avoid exchange rate risk. is the 'official' site and has links to more information.

I'm not an expert, just an enthusiast but I'm more than happy to help you find answers to any questions you have.

honestly, i think we should refrain from actively PUSHING bitcoin

let them finger it out by themselves, it has more of an effect.

if you happen to be their, and bitcoin happens to pop in your head. then ya feel free to share. but go spamming bitcoin

Fixed for you!

Now you ruined it! I saw that, but opt to not fix it, thus creating a little titillation to hopefully spark their interest. Now, upon seeing the word 'figure', they'll correctly surmise that Bitcoin is some type of geek money, whereas the word 'finger' would get them excited.

Why don't you go and help Gavin fix some code or something, and leave well enough alone?  Grin


EIDT: Oops! I was in reference to the second draft. Nevermind! Carry on.

Hahaha nice response! LOOOOOOL

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