Bitcoin - Magic Computer Money

[evoorhees]

Money is already magical. It's not real, doesn't exist, but people behave as if it does. Like any other religion really.

Money most certainly DOES exist. I have some in my wallet. And it is nothing like religion - valuation of monetary instruments comes from observations and facts of the real world.

[evoorhees]

Ira (bearbones) and I were chatting today. We've come up with a new slogan which should be made the official slogan of Bitcoin:

Bitcoin
Magic Computer Money

So the new strategy is that whenever you're introducing Bitcoin to someone, don't try to explain how it works, or why it's so amazing. Just say, "it's magic computer money." 

Also, when users open up the Satoshi desktop client software, there should be a new splash screen that flashes black and yellow real fast for about 5 seconds and it should say "MAGIC COMPUTER MONEY"

Thoughts?

Meh.

Don't like it.

Sounds both cheap and scammy.

The kind of slogan you'd hear at a carnival.

LOL people, again, I was joking   Does one need to use [sarcasm][/sarcasm] tags to convey sarcasm???

[rjk]

LOL people, again, I was joking   Does one need to use [sarcasm][/sarcasm] tags to convey sarcasm???

Yes, especially when you are starting a new post.

[BCB]

Own it Eric.  Maybe it was a not the greatest idea but at least you are thinking about it!  That's the important part.

[bbit]

[unclemantis]

Dang! I can see right up her dress!

[bbit]

Dang! I can see right up her dress!

 

[BCB]

bbit,

That was mean.

(But I'm still LMAO!)

[bearbones]

"Magic Computer Money" as a specific phrase was a joke.

The idea that Bitcoin should be demonstrated and used as opposed to explained is something I stand firmly behind. Do you explain the federal reserve and fractional reserve banking to everyone before you hand them a dollar? No. People don't really want to understand money, they just want to use it. Likewise, Bitcoin is superior money because using it is easier. Therefore, if they simply use it, they do not need to and never will understand it.

[bbit]

bbit,

That was mean.

(But I'm still LMAO!)

tehehehehehehehe..........

[BCB]

bearbones

Great point.  However have you tried getting money in and out of some of the exchanges without having to walk cash to back or drug store or waiting days even weeks for a withdrawal to hit?

For traders, merchants, speculators and new users alike this friction is a real pain point. 

So until this bottle neck can be alleviated I'd refrain from calling BTC easy to use.

Once you have BTC in the system. There's nothing better!

[paulie_w]

you guys are missing the point.

it's whimsical and a pleasure. just like a lot of tech companies call their offering "magic" as a way of calming peoples' nerves and saying "it'll be alright".

it's a good idea. stop worrying so much about how it's technically-not-this-or-that.

(if anyone cares, i have a background in marketing and work for a marketing company).

[bearbones]

bearbones

Great point.  However have you tried getting money in and out of some of the exchanges without having to walk cash to back or drug store or waiting days even weeks for a withdrawal to hit?

For traders, merchants, speculators and new users alike this friction is a real pain point. 

So until this bottle neck can be alleviated I'd refrain from calling BTC easy to use.

Once you have BTC in the system. There's nothing better!

Have you tried converting EUR to USD? You have to pay exorbitant fees, walk to a currency changer or bank. It is a hassle. I'd refrain from complicating the issue unnecessarily.

[BCB]

Bearbones. 

Yes.  But eventually, we'll be able to travel and withdraw local currency from our BTC balance, or event better spend our BTC with merchants around the world!

paulie_w, MARKETING is exactly what BTC needs.  To move beyond the sophisticated early adopters and bring it to wider audience.

 

[cbeast]

...

[BrightAnarchist]

Ira (bearbones) and I were chatting today. We've come up with a new slogan which should be made the official slogan of Bitcoin:

Bitcoin
Magic Computer Money

So the new strategy is that whenever you're introducing Bitcoin to someone, don't try to explain how it works, or why it's so amazing. Just say, "it's magic computer money."  

Also, when users open up the Satoshi desktop client software, there should be a new splash screen that flashes black and yellow real fast for about 5 seconds and it should say "MAGIC COMPUTER MONEY"

Thoughts?

Meh.

Don't like it.

Sounds both cheap and scammy.

The kind of slogan you'd hear at a carnival.

LOL people, again, I was joking  Does one need to use [sarcasm][/sarcasm] tags to convey sarcasm???

Haha actually I really like the slogan... Bitcoin *is* magical...

[illpoet]

"digital gold"

[BCB]

Nice try but anything with gold in it conjures up the wrong image for me.

[paulie_w]

is that kim dotcom?

[BCB]

from the 70' maybe