We should find a nonprofit organization that collects old laptops and donates them to people, and have them install mmc wallets and miners on them first.

And car title and payday loan ads.

Still better than NSA tracking spyware...

Start small and develop as we reach limits for person-to-person trades, etc...but right now this is only community network charity - re-arranging coins, etc.

Network-wise, it improves holding of funds by miners and price growth.

No formal business / MBA / law experience - professional engineering background (www.nspe.org).  You end up reviewing a lot of engineering codes, standards, regulations, licensing documents, contracts, specifications, procedures, etc...kind of engineering legal-speak...

Helps a bit - but would need to consult with a real lawyer and accountant.

In the beginning, we could start as unregulated / trust-based person-to-person trades with a higher fee than what any experienced trader could get on their own, but it would go towards development...i.e., writing up business plan, bounty / hire real lawyer to review and complete, etc.

Anyone interested in an easy +2% on new coins?

I will trade my exchange-bought coins for your new coins (mined or Officer-paid) at a 2% premium.

Why? Well, I want you to vote for Max's Mine from your mining address to "register" it as a part of Max's Mining Union.  The Union will verify that your account is accepted by voting back, as discussed below.

This will provide network info to support price and network analysis about size of pools /  users / etc to support network analysis. 

Similar service models can be used to verify different address qualities or conditions.

I use Proof / Mint / Circulated as categories of wallet "conditions", like you'd use as conditions for real coins.  I use these to distinguish if KYC document is submitted / traceable.  But you could change that label to anything and still get the idea - trusted / blessed / shiny / etc.

(Note: Sorry, US members only)
________________

Max's Mine will Buy:

100 Mint MMC from Miner Addresses for 102 Circulated MMC
100 Mint MMC from Candidate Addresses for 102 Circulated MMC

Max's Mine definitions:

Proof Coin:

New coins as first awarded to pool operators, solo miners, or Officer or Charity addresses.

Mint Coin:

New block coins distributed to community Miners, Deputies, or Managers with chain-of-custody verification to original block.  Quality is assigned based on network address and history.  Mint coins are "1-individual" away from Proof Coin, or have a traceable chain-of-custody if multiple individuals away.

Circulated Coin:
Coins in addresses without chain-of-custody verification to original block (e.g., exchange-bought coins), or addresses with coins of mixed quality.  Circulated coins have an unverified / untraceable chain-of-custody to original block.

Limitations:

Max's Mine requires identity (ID) and expense verification (utility bill) from sellers of Mint MMC.  Subject to funding availability.
Min Qty = 100 Mint MMC. 

Directions:

To register your mint mine, send 1 MMC Satoshi from your mining address to:

MAXMinevK5EPyw2fditvrzosy9nCTR6pd1

PM / post / email to confirm and send ID / expense report and payout address.

Payout address may receive Circulated condition coins, and should be separate from any mining address.  Mining addresses may have funds returned - do not deposit directly from a pool payout, only deposit from personal mining wallet.

Upon approval to community standards, Max's Mine will send 1 Satoshi each to verify mining address and payout address.  At any time after account acknowledgement, send Mint MMC (min qty or greater).  Payee address shall respond with Circulated or greater MMC to payout address.

Note: You may register (i.e., vote) without sending documentation, but would not be allowed to trade without verification of community trust.  Any funds received from an unverified address will be returned.  A registered unverified account will still provide mining data to support network analysis and may be eligible for other benefits.

So, for the accountants, business owners, lawyers / etc - any general legal topics / advice to let people know about?

I've got a fun idea...how about an mmc/usd exchange?

"Voting" is the basic function necessary in business for a sole proprietorship to scale-up / develop into another business class (LLC, partnership, etc.).  With the voting and "auto charity" parts of the DAC, I think you could develop a model that leads to a real-world fiat-MMC credit union style business.

Combine the concepts of a nonstock (nonprofit) corporation, cooperative, a business trust, and a partnership, and you may be able to "legally" authorize (entrust) someone to operate a checking account on behalf of the MMC community members that person votes for.

Let's say the account is for operating funds such as payroll.  Let's say the co-op hires / contracts people to mine new coins.  As part of employment record, co-op may ask for ID and utility bill (if required by bank provider).  Co-op "votes" for employee miner address to approve / "hire".  Miner sends new coins to co-op's mmc address, co-op pays wages (income) from checking account to miner.  Co-op maintains any responsible documentation / records / tax records / etc.

Isn't that basically a community / non-profit accounting service, credit union, or financial trust?

I voted a while ago - anyone else not vote yet?

Any news from cryptsy?  Maybe I'll just start my own exchange...

I've found the new address display a bit lacking, too.

I agree the default address UI needed reinforcing, but you could have just dimmed / grayed the font instead of removing.

In the hierarchy of commandline / qt / web UI, I think you need to consider 3 member classes and their "accounting" needs:

- Miners / Customers - a single default address may be preferred.
- Merchants / Service Providers - multiple vanity "receive" addresses and "private network accounting" to identify from address / balances / vote tallies / etc.
- Officers / Developers - May need multiple service provider wallets for multiple projects.

The basic functions are there, so you could implement any additional services as a web UI or qt update, but I like the idea of people spending time in the qt-client instead of web wallets...easier to mine.  (Could we modify Firefox / Chrome with node.js / some plugin to make an MMC web browser that mines with like 1 thread so it's unnoticeable? )

Then, instead of just a "wallet", MMC could basically be an "account".  Imagine then if you say "I'll put X MMC satoshi in A MMC address for each Y BTC in B BTC address I own".  You could do all your accounting - through web, or in qt-client - from one wallet.  Is that mastercoin?  Or masterwallet?