A social network that pays you and can store Bitcoin

[fumanchu808]

Just me schlepping my latest article around, pay no mind:

http://bitcoinist.net/gems-the-first-social-currency-network/

 

[TRYpolar]

Just me schlepping my latest article around, pay no mind:

http://bitcoinist.net/gems-the-first-social-currency-network/

 

The problem with this is that if people are paid to have a social network account then they will create multiple accounts (essentially farming accounts) making the network less able to earn ad revenue as the user base is not "real"

Also any service that hold bitcoin for you on your behalf is almost always a bad idea

[polynesia]

Just me schlepping my latest article around, pay no mind:

http://bitcoinist.net/gems-the-first-social-currency-network/

 

The problem with this is that if people are paid to have a social network account then they will create multiple accounts (essentially farming accounts) making the network less able to earn ad revenue as the user base is not "real"

Also any service that hold bitcoin for you on your behalf is almost always a bad idea

What if you link your social account to your phone number?
Facebook tries and does this anyway.
You may exclude a few people, but you can cut down on multiple accounts.

[Bitcoinpro]

FB will be forced to adopt this model, they even risk losing substantial market share by being to slow to act

[SCAR-H]

A social network that pays you and can store Bitcoin

The world is full of miracles and surprises.

[fumanchu808]

Just me schlepping my latest article around, pay no mind:

http://bitcoinist.net/gems-the-first-social-currency-network/

 

The problem with this is that if people are paid to have a social network account then they will create multiple accounts (essentially farming accounts) making the network less able to earn ad revenue as the user base is not "real"

Also any service that hold bitcoin for you on your behalf is almost always a bad idea

If you treat the account like a bank account and make it so you have to be KYC compliant then you are ok. You can make it very difficult to spam accounts in a number of ways anyway. Make it so that to register it and start receiving funds they need to verify a few things (a phone number, an email, even scanned IDs if need be). People give away a lot more for a lot less in these markets already. 

[PenAndPaper]

There are already a few social networks that pay you per post / per friend you bring in etc... I don't see any of them taking off...

[Lady_Cake]

Good things, but is it worthless? How much they pay you?
Another big problem will be multiple account that will "jam" the entire system   

[zolace]

phone verification wont work, cause is easy to get sim and prepaid phones, unless you can somehow block them

[Q7]

FB will be forced to adopt this model, they even risk losing substantial market share by being to slow to act

I agree. They are pretty silent thus far when it comes to bitcoin

[Daniel91]

Good things, but is it worthless? How much they pay you?
Another big problem will be multiple account that will "jam" the entire system   

I agree.
Already a few social networks and forums tried this model but without success.
FB is popular because people can find there friends, chat with them and have fun, not because someone expect to be paid for his activity.
I don0t think such model- paid for posting, can really work in long term and for many users.

[Bitcoinpro]

There are already a few social networks that pay you per post / per friend you bring in etc... I don't see any of them taking off...

Whats the best one?

[polynesia]

phone verification wont work, cause is easy to get sim and prepaid phones, unless you can somehow block them

It is a sufficient deterrent. At least, you wont have people signing up for hundreds of accounts. 

[Stedsm]

phone verification wont work, cause is easy to get sim and prepaid phones, unless you can somehow block them

It is a sufficient deterrent. At least, you wont have people signing up for hundreds of accounts. 

If I'm thinking of the right thing, you can get virtual sims that you use online that can receive verification codes.