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Messages - oldman

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196
General Discussion / Re: The big question
« on: November 12, 2014, 03:02:32 pm »
With stable tech and good marketing BTS will attract billions of investment over the next two or three years.

If the tech is not superseded by something better, which DPOS kinda makes impossible, global adoption could conceivably push BTS to become the first trillion-dollar crypto.

A trillion dollar market cap for BTS is not so far flung as it sounds.

197
Imagine loading a browser-based wallet with a few bitUSD and grabbing videos a la cart for a buck or two... or paying cam girls directly.

A la carte video and tipping cam girls can be achieved equally well with any crypto.  It is the recurring billing we have a monopoly on.

Sure, but the stability, transaction time and TITAN put bitUSD miles ahead of any other existing crypto.

But the network effects put us miles behind.  It will be easier to go after a market that bitcoin cannot go after.

This is the golden ticket, period.  We could create some really interesting viral marketing campaigns around it.  Is it possible to add incentives for individuals to push bitUSD to these different high risk markets?  For example, if Joe Smith contacts PornPalce123 and convince them to use bitUSD, is there any way to compensate or is this maybe a paid delegate position?

How about starting your own 'bounty delegate'?

This is just a dedicated marketing delegate.

$2k/month to hit up porn sites and cam girls?

Should be a long line of qualified candidates - and we'd only need one or two to make a huge impact.

198
Imagine loading a browser-based wallet with a few bitUSD and grabbing videos a la cart for a buck or two... or paying cam girls directly.

A la carte video and tipping cam girls can be achieved equally well with any crypto.  It is the recurring billing we have a monopoly on.

Sure, but the stability, transaction time and TITAN put bitUSD miles ahead of any other existing crypto.

199
bitUSD and porn are a perfect match.

Client-side recuring payments and micro-payments would open vast new revenue streams for studios and independent performers.

Most folks don't pay for porn simply because giving a shady porn company credit card and other personal info is a non-starter.

Imagine loading a browser-based wallet with a few bitUSD and grabbing videos a la cart for a buck or two... or paying cam girls directly.

Custom porn would also become viable.

Huge.

Now what we need is a porn marketing delegate who will tirelessly research and approach adult content creators and sellers to convert them to bitUSD.

Plus on-ramps.

200
General Discussion / Re: short / medium term price speculation for BTSX
« on: November 05, 2014, 11:39:29 pm »
Hold for two years.

Re-evaluate when BTS is $1-$10.

Then hold again.

201
General Discussion / Re: Decentralized Supercomputer
« on: November 04, 2014, 05:09:38 pm »
Great use case for marketing delegates:

- Community finds an outreach/marketing/PR opportunity

- Marketing delegate produces an action plan for community review

- Marketing delegate executes

- Community reviews performance

If community is satisfied, delegate remains employed/gets paid.

If community is not satisfied, delegate is replaced.

The potential is mind boggling.

202
General Discussion / Re: And so it begins.
« on: November 04, 2014, 08:35:24 am »
Once the tech is stable and on/off ramps in place everyone on this forum should approach any and all credit unions in their communities and ask for bitAssets to be onboarded.

If just one brick-and-mortar bank made bitAssets available as savings/investment account it would provide a marketing opportunity to leap-frog Bitcoin in at least one aspect of mainstream adoption.

203
General Discussion / Re: Please don't rebrand BTSX to just BitShares
« on: November 03, 2014, 06:50:26 pm »
Integrity, honesty, trust etc. are also going to resonate powerfully.

The current perception big bank/big biz is unapologetically fraudulent with no recourse nor alternative for the average Joe.

When the house of cards come tumbling down a "Robotically honest company" with a profitable balance sheet governed by open-source, transparent code will be a paradigm-shift in the business and investment world.

I hope this angle is on the front lines of the marketing campaign.

204
General Discussion / Re: Proposal: everyone just go buy some shares.
« on: November 03, 2014, 04:38:21 pm »
Actually there are three steps to happiness:

1. Hodl

2. Buy

3. Repeat

Everyone together now...

205
General Discussion / Re: And so it begins.
« on: November 03, 2014, 04:36:02 pm »
This is where bitFiat really needs to step in.

On/off ramps and a mobile wallet.

Your bank in the palm of your hand.

206
General Discussion / Re: Please don't rebrand BTSX to just BitShares
« on: November 03, 2014, 04:30:54 pm »

"The World's First Unmanned Company" is much more compelling.

 +5%

207
General Discussion / Re: A BitShares Constitution?
« on: November 02, 2014, 03:44:43 pm »
I think I will write a personal constitution that is not binding on anyone nor the BitShares project so that people know what my values are. 

I don't think BitShares needs a constitution other than the code as adopted by delegates.

 +5%

208
General Discussion / Re: A BitShares Constitution?
« on: October 31, 2014, 11:10:12 pm »

We hodl these truths to be self evident, that all men are created equal with certain inalienable rights that among these are Life, Liberty and Property....

Could we change the nouns?


Individuals or persons.



It would be a non binding expression of core principles and vision.   It would not be a set of rules... the rules are enforced by the code and the market.   

We hodl these truths to be self evident, that all men are created equal with certain inalienable rights that among these are Life, Liberty and Property.   That to secure these rights social consensuses are adopted that apply equally to all men and the highest convention is that no man shall do unto another man that which he would not want done unto himself. 

We recognize that property rights are essential to the security of life and liberty and that the primary purpose of social consensus systems is to establish property rights that are indisputable or quickly resolved without using the threat force or coercion.   

We recognize that no man shall be compelled to join our endeavor and that each man shall have an opportunity to profit from our common venture proportional to their contributions to this venture and that all shall share equally in the costs funded by issuance of new BTS subject to the approval of existing BTS holders.

We recognize that a common stake known as BTS shall be used to track each individuals contribution and that the holders of BTS shall not have the power to redefine property rights in other asset classes.  (this gets tricky... but probably needs to be addressed).


Great stuff!

This should be cleaned up, given a catchy title (Declaration of Freedom? BitShares Constitution?) and put up on the forum, wiki, main page etc.

209
6) I still support 3rd party DACs as being good, just so long as I don't have to spend more than an hour or so per week helping them.

 +5% This is key. This is what I care about. Every working hour devs paid by BTS spend helping other third-party DACs is an hour that isn't spent doing the million things on the list for this ambitious project we call BitShares.

 +5% yup indeed .. noticed this also last 3 weeks... i'll focus totally on BTS now... when i got time to...i'll help other DACs as well :)!
I've changed my priority list...

If there's one thing shareholders should be paying attention to, it's this.

To those dumping BTSX.... oops.

210
General Discussion / Re: A BitShares Constitution?
« on: October 31, 2014, 09:50:04 pm »
A constitution is meant to be social glue. It's in writing and is "official". Eventually people start to almost worship it like a holy book; so I see merit in having our own. As mentioned previously, the first rule should be that changing the constitution requires a 75% supermajority, otherwise inflation is fixed. You get the best of both worlds this way: investor confidence and the ability to tackle both known unknowns and unknown unknowns.

Agree whole-heartedly.

Cap inflation and require a 75% majority to change it.

Huge boost to investor confidence, including my own.

A written and public constitution with a few simple and hard rules would be a novelty in the crypto space and may garner substantial publicity.

I would highly recommend modelling the language of the constitution on the Declaration of Independence.

Life, Liberty and the Pursuit of happiness.

Man would that resonate... freedom rising from the ashes of a corrupt and crushing system.

The 75% super-majority is also an excellent mechanism for establishing the ground rules while providing a robust mechanism for altering them.

The code is the constitution.  Nothing more is needed.

Very true...

Perhaps what is needs is a plain-English summary of the main philosophies the code realizes and the basic framework of rules that will require a super-majority to alter.

I still like the DOI tie-in.

Perhaps a Declaration of Economic Independence?

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