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Author Topic: MintChip challenge - Vote for Bitcoin! UPDATE: THEY LIED! SCANDAL!  (Read 11502 times)
elux
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September 24, 2012, 07:55:29 PM
 #101

So... MintChip pulled a Barbra Streisand on us?  Angry

Get every decent tech journalist on this. It's a good story. Ready your keyboards, gentlemen!
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September 24, 2012, 08:07:39 PM
 #102

I don't think it's evidence of "fiat currency conspiracy" - excluding Bitcoin from their contest is a legitimate business decision they have the freedom to make as a private company.

Except that the Canadian Mint is not a private company.  Its capital base is 100% taxpayer funded.  The government owns it.

The printing press heralded the end of the Dark Ages and made the Enlightenment possible, but it took another three centuries before any country managed to put freedom of the press beyond the reach of legislators.  So it may take a while before cryptocurrencies are free of the AML-NSA-KYC surveillance plague.
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September 24, 2012, 08:09:33 PM
 #103

MintChip sucks! Not only did they lie about who won, but the winning entry is a lie also. MintChip can not be used to make anonymous donations. What a crock of $h!t  Angry

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September 24, 2012, 09:38:46 PM
 #104

I bet Visa would reject as a winning suggestion that their card is a great way to build credit so you could apply for an American Express, if they ran a similar poll.


I was gonna say this but Casascius beat me to it.

Mintchips ARE the digital currency they were trying to promote. And the winning votes basically said "Mintchips are a great way to buy something even better, which is not Mintchip". Or they were thinking of adopting Bitcoins in the first place and set the site up to do a mystery poll on the public to get clues on how to market it right.

And I bet you a thousand non-existing BTC that's exactly what they were doing as I'm sure all those big players in the business have been brooding about this as early as everybody else on here.

Btw, this thread always makes me lust for mint chocolate chips...


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September 24, 2012, 09:56:21 PM
 #105

<sarcasm>

Maybe the idea to buy bitcoins breaks some rules (http://ideas.mintchipchallenge.com/rules)...

Like

Quote
7. The Sponsor and/or the Administrator may, at their sole discretion, at any time, remove the Submissions or any part thereof that: ... f. are in bad taste;

Or

Quote
8. Additionally, Submissions will not be accepted if, at the sole discretion of the Sponsor and/or the Administrator, they: ... h. disparage the Sponsor.

</sarcasm>
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September 24, 2012, 10:06:19 PM
 #106

I seriously think it was a misunderstanding. To them, it seemed like an obscure group conspired to vote "use mintchip to buy zangalabapops online"...

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September 24, 2012, 10:13:50 PM
 #107

anyone already contacted them? (in a polite manner, please, i.e. not the usual way)
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September 24, 2012, 10:15:45 PM
 #108

Quote
...Selected by a panel of Royal Canadian Mint judges from 25 finalists determined by public voting.
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September 24, 2012, 10:32:45 PM
 #109

Quote
...Selected by a panel of Royal Canadian Mint judges from 25 finalists determined by public voting.

Just a bunch of assholes!

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September 24, 2012, 10:40:50 PM
 #110

Quote
...Selected by a panel of Royal Canadian Mint judges from 25 finalists determined by public voting.
Dang, maybe we should've put 25 bitcoin related suggestions up.

An online currency could be used to buy bitcoin ASICs.

An online currency could be used to invest in bitcoin hedge funds.

An online currency could be used to pay for bitcoin laundering services.

Etc, etc.

Save the last bitcoin for me!
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September 24, 2012, 10:43:45 PM
 #111

If you think this is just some misunderstanding, or if you are surprised by this development, you are completely naive.

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Minethings: Dig, Trade, and Fight your way to influence!
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September 24, 2012, 10:49:32 PM
 #112

If you think this is just some misunderstanding, or if you are surprised by this development, you are completely naive.

They still are a bunch of assholes! that's all you need to know

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September 24, 2012, 11:16:30 PM
 #113

Crap sandwich from State-backed mint ... did you really expect anything different?

The utter ruination of their false world-view is the only thing that will change some people's perspective.

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September 24, 2012, 11:36:11 PM
 #114

Except that the Canadian Mint is not a private company.  Its capital base is 100% taxpayer funded.  The government owns it.

"The Mint is a for-profit Crown Corporation with a mandate to produce circulation and non-circulation coins (for Canada and other countries), manage the domestic coinage system, and provide advice to the Minister of Finance on all matters related to coinage. It also extends to the production and marketing of bullion and related refinery products and services for profit. Legislation which establishes the Mint is clear that the corporation is to conduct its businesses "in anticipation of profit". That fundamental object has shaped the history of the Mint."

Source: http://www.mint.ca/store/mint/about-the-mint/corporate-information-1300004


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September 24, 2012, 11:47:35 PM
 #115

I am very disappointed in the mint, private company as it may be. While it may not be in their best interest to award the prize to a competitor, it is a public relations disaster and counterintuitive to democracy.
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September 25, 2012, 12:06:53 AM
 #116

Folks, come on... What was the idea anyway - use government-backed digital currency to buy a decentralized digital currency? No offense, but there is nothing innovative about this. Actually, there is, but it was not explained at all. Try to see it from their perspective.

I am happy that this brought some attention to bitcoin - including members of the panel. I am sure some of them will be smart and curious enough to read and think more about Bitcoin. Good enough for me.

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September 25, 2012, 01:22:45 AM
 #117

This is like the Ron Paul blackout all over again!  Shocked

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September 25, 2012, 04:28:06 AM
 #118


MintChip's Barbara Streisand Moment

We just had to blog about this!!
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September 25, 2012, 05:16:08 AM
 #119

Except that the Canadian Mint is not a private company.  Its capital base is 100% taxpayer funded.  The government owns it.

"The Mint is a for-profit Crown Corporation

That's Canadian for "government owned":

  http://en.wikipedia.org/wiki/Crown_corporations_of_Canada

The printing press heralded the end of the Dark Ages and made the Enlightenment possible, but it took another three centuries before any country managed to put freedom of the press beyond the reach of legislators.  So it may take a while before cryptocurrencies are free of the AML-NSA-KYC surveillance plague.
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September 25, 2012, 05:35:30 AM
 #120

They are ridicolous, they didn't even release their product sofar and they already lie

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