Lets get ebay not Open Bazaar...

[liondani]

Feel free to bid on the first action on ebay that accepts bitUSDs !!!!  


http://www.ebay.com/itm/ASUS-Radeon-R9-280X-DirectCU-II-TOP-DC2T-3GD5-3GB-Video-Card-BRAND-NEW-BOX-/131324973943


PS   10% discount on final price if you pay with bitUSDs !!!

[GaltReport]

Another thing to keep in mind.  Some of us may look at OB's design/architecture and say "that's wrong, no one wants that or would use that..." but remember that people use SR and have proven they are willing to use something "good enough" if their choices are limited or there is some other advantage (convenience, privacy etc...).  MP3s are a good example of something proven to be "good enough" for most people.

[GaltReport]

I now see BM talking about a DAC here:

https://bitsharestalk.org/index.php?topic=9996.msg130114#msg130114

I have zero doubt BM could design a better system given the time and resources.  Maybe that's his next big challenge after BitSharesX?  Time and Resources though could be a killer.

[feedthemcake]

With the comments from Stan about thinking BIGGER and BM's comments about a broader use case, I'm beginning to think they want an eBay/OB like DAC of their own....which would be great if their was one almost done...but I don't think their is...and that would be a lot of work...or maybe they are thinking of Amazon? 

Seems they are keeping their cards close to their chest.

  but we may just have lots of hope!

[GaltReport]

With the comments from Stan about thinking BIGGER and BM's comments about a broader use case, I'm beginning to think they want an eBay/OB like DAC of their own....which would be great if their was one almost done...but I don't think their is...and that would be a lot of work...or maybe they are thinking of Amazon? 

Seems they are keeping their cards close to their chest.

[bluebit]

Make bitUSD available at Casinos, pitch bitUSD to any Casino, I'm sure they'd be interested.

[liondani]

what about to make on ebay every week an action for an ipad or something that is viral right now (they have something like a "hot" section) with the bitsharesx logo on it but asking clearly
on payment details for bitUSDs? And have a dedicated thread on our forum for these actions ? It would be attract members from our community first, secondly fro the crypto community and last from the ebay community when they see how much bids for a "bitsharesx" labeled gadget are in place....(?)

[G1ng3rBr34dM4n]

I agree with Daniel. 

eBay first - "Start at the top then work your way up."

Need to think massively and get outside of the crypto space, outside our comfort zones, and into where the majority of where society exists.

[cube]

Would it make sense for us (the community) to start a developer fund in order to attract more developers/freelancers to at least read into the code?

Taking a look at the github commits, most work is done by the core team .. I'd like to see this repo grow to Linux kernel repo loads ..

Would a community dev fund help? does it make sense? could we collect a reasonable amount of money?

 

I like the idea of a dev fund completing the core team.  Would you like to try it out?

[Empirical1.1]

Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


Sent from my iPhone using Tapatalk

What you are describing is an example of something that isn't real demand.

If people here really are naive enough to think that kickstarting adoption is is just a matter of "thinking big", then the target market should be taobao rather than eBay. BitUSD actually has a decent USP for international trade, AND the bitshares community is really big in China.

But in the end a decentralized solution loses most of its advantage when marketed to a centralized marketplace where everyone have to be in compliance anyway.

It is irrational to ignore that if I demand a product via bitUSD, then I have created demand for bitUSD

This is exactly how Bitcoin got its way into overstock..

You misunderstand what demand means in economic terms. It means that you are actually willing and able to buy something at a given price. It doesn't mean spamming or tricking people to think there is demand. Unless you're actually ready to buy things with bitUSD if it was available, yet not willing to buy them with other means, then there is demand for bitUSD. Also, I highly doubt spamming was a big factor in getting on overstock, especially considering how Patrick Byrne seems to ideologically support bitcoin.

demand for BitUSD should be thought about same way there is demand for paypal and then I think you may understand how this fits your economic definition

This is demand for escrow service, not product.  Also what you see as "spam" should be thought marketing.  Read my steps to eBay exposure more closely and you'll see it's about using BitUSD to /buy/ product


Sent from my iPhone using Tapatalk

I would say it helped a lot that the Overstock CEO was alt-coin favourable. I'm sure Overstock also took into account Bitcoins CAP and distribution. A small CAP low distribution payment option badgering merchants is unlikely to create demand.

What might create demand is a carefully prepared proposal that lays out the MANY advantages to retailers & offers technical support & 'perhaps' a retailer incentive. (BitUSD is really huge for retailers especially if someone in their supply chain accepts it too.) Then let retailers offer it to consumers as a payment option because of how much consumers starting to use it benefits the retailer.

[carpet ride]

Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


Sent from my iPhone using Tapatalk

What you are describing is an example of something that isn't real demand.

If people here really are naive enough to think that kickstarting adoption is is just a matter of "thinking big", then the target market should be taobao rather than eBay. BitUSD actually has a decent USP for international trade, AND the bitshares community is really big in China.

But in the end a decentralized solution loses most of its advantage when marketed to a centralized marketplace where everyone have to be in compliance anyway.

It is irrational to ignore that if I demand a product via bitUSD, then I have created demand for bitUSD

This is exactly how Bitcoin got its way into overstock..

You misunderstand what demand means in economic terms. It means that you are actually willing and able to buy something at a given price. It doesn't mean spamming or tricking people to think there is demand. Unless you're actually ready to buy things with bitUSD if it was available, yet not willing to buy them with other means, then there is demand for bitUSD. Also, I highly doubt spamming was a big factor in getting on overstock, especially considering how Patrick Byrne seems to ideologically support bitcoin.

demand for BitUSD should be thought about same way there is demand for paypal and then I think you may understand how this fits your economic definition

This is demand for escrow service, not product.  Also what you see as "spam" should be thought marketing.  Read my steps to eBay exposure more closely and you'll see it's about using BitUSD to /buy/ product


Sent from my iPhone using Tapatalk

[Rune]

Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


Sent from my iPhone using Tapatalk

What you are describing is an example of something that isn't real demand.

If people here really are naive enough to think that kickstarting adoption is is just a matter of "thinking big", then the target market should be taobao rather than eBay. BitUSD actually has a decent USP for international trade, AND the bitshares community is really big in China.

But in the end a decentralized solution loses most of its advantage when marketed to a centralized marketplace where everyone have to be in compliance anyway.

It is irrational to ignore that if I demand a product via bitUSD, then I have created demand for bitUSD

This is exactly how Bitcoin got its way into overstock..

You misunderstand what demand means in economic terms. It means that you are actually willing and able to buy something at a given price. It doesn't mean spamming or tricking people to think there is demand. Unless you're actually ready to buy things with bitUSD if it was available, yet not willing to buy them with other means, then there is demand for bitUSD. Also, I highly doubt spamming was a big factor in getting on overstock, especially considering how Patrick Byrne seems to ideologically support bitcoin.

[carpet ride]

Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


Sent from my iPhone using Tapatalk

What you are describing is an example of something that isn't real demand.

If people here really are naive enough to think that kickstarting adoption is is just a matter of "thinking big", then the target market should be taobao rather than eBay. BitUSD actually has a decent USP for international trade, AND the bitshares community is really big in China.

But in the end a decentralized solution loses most of its advantage when marketed to a centralized marketplace where everyone have to be in compliance anyway.

It is irrational to ignore that if I demand a product via bitUSD, then I have created demand for bitUSD

This is exactly how Bitcoin got its way into overstock..

[Rune]

Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


Sent from my iPhone using Tapatalk

What you are describing is an example of something that isn't real demand.

If people here really are naive enough to think that kickstarting adoption is is just a matter of "thinking big", then the target market should be taobao rather than eBay. BitUSD actually has a decent USP for international trade, AND the bitshares community is really big in China.

But in the end a decentralized solution loses most of its advantage when marketed to a centralized marketplace where everyone have to be in compliance anyway.

[carpet ride]

Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


Sent from my iPhone using Tapatalk

[Empirical1.1]

While I think the main markets we should focus on bootstrapping are the ones that could easily adopt or have a need for us (Alt-coin market & perhaps uses like OB, highly inflationary countries (just approach existing Bitcoin partners/exchanges there) & perhaps traders) vs. throwing money at mainstream when our perceived current advantages to them are small and where you can spend millions and get nowhere. However looking at the feedback regarding OB's stage of development, community and likely initial market size, it's becoming less appealing or credible as an immediate viral insertion point imo.

Also though you can argue SR gave Bitcoin its start & free publicity. I would say much of Bitcoin's wider adoption wasn't because of SR but in spite of the negative SR public perception and thanks to the Cyprus catalyst.

Now that crypto is already in the public consciousness and has a lot of penetration thanks to Bitcoin, we don't need SR as a similar leaping point. (After this marketing push, we may well have a similar CAP & adoption to BTC pre-Cyprus.) Considering the huge leap forward BitAssets are, I actually agree with trying to hook a big fish in some meaningful way particularly from a marketing and brand image POV.

We want a launch that presents BTSX as a global mainstream contender.

Where I didn't like the mainstream strategy is that I felt if BTSX wasn't at a stage where consumers were ready for it, in terms of track record, risk, utility and ease of use then I wouldn't throw too much money at incentives but rather more targetable niches and general development and then let the existing alt-coin market & other niches spread it more organically as it developed over the following year and only resort to major incentives after analysing feedback or if we smelled a big competitor.

[mbaeichapareiko]

If bitsharesx can convince  openbazaar... and ebay to accept  bitusd,   we bitshares owners would be very very happy campers.   

The beauty of bitshares is if the USD has problems, we can always peg another asset to be used such as  bitbtc.   

[svk]

Would it make sense for us (the community) to start a developer fund in order to attract more developers/freelancers to at least read into the code?

Taking a look at the github commits, most work is done by the core team .. I'd like to see this repo grow to Linux kernel repo loads ..

Would a community dev fund help? does it make sense? could we collect a reasonable amount of money?

I would love to see a fork of peer4commit using bitUSD, that could be used for exactly this purpose. I don't know ruby though and already have enough on my plate with BitsharesBlocks development.

If we have any ruby masters here, please please check this out

http://peer4commit.com/
https://github.com/sigmike/peer4commit

[xeroc]

Would it make sense for us (the community) to start a developer fund in order to attract more developers/freelancers to at least read into the code?

Taking a look at the github commits, most work is done by the core team .. I'd like to see this repo grow to Linux kernel repo loads ..

Would a community dev fund help? does it make sense? could we collect a reasonable amount of money?

[Method-X]

My point is that Open Bazaar is one use case.... and focusing on that use case we are missing out are the broader use case.

You don't see OpenBazaar as having any viral significance? The point in integrating with them is basically to leverage their spotlight as a targeted ad for BitUSD utility. Winning on OB would be like winning in many other areas BitUSD has utility. It's strategic. Low risk, high reward.

How high?  How much risk?   Lets be quantitative.   

How many users do they have in their community?
If they were a DAC what would their market cap be today?
Looking at their forum... it is a fraction the size of this one.   

So lets assume they were ready today.... they are a year behind on the viral growth curve.  By the time they are big enough to have any statistical impact on BitUSD, BitUSD will have already established itself and Open Bazaar will be implementing support for it on their own dime... or BitUSD will be dead and Open Bazaar will not be sufficient to revive it.

I like what their project stands for.  They are doing good work.  I just think perspective is needed.

Provide some numbers... quantify the gains.     They clearly have more to gain by integrating us than we do by integrating them.... which means we need to focus our efforts by building bridges where we have more to gain than the other party does.     

That said, I *FULLY* support integrating with them and it can be done by anyone in the community *WITHOUT A HARD FORK*.... BTSX blockchain supports all that is necessary... submit a wallet patch with API calls for generating the necessary transactions and we can go from there.

OpenBazaar will probably always have a relatively small userbase. I get that. When I say viral, I don't mean OpenBazaar will be the thing going viral. Although if that happens, it would certainly benefit us (I'm not counting on it though).

The SilkRoad was significant for Bitcoin because it spread Bitcoin to other areas. It was the catalyst that started Bitcoins network effect. That's what I mean by "think viral" and that's why I'm so excited about OB integration.

PayPal wasn't contained to eBay and BitUSD won't be contained to OpenBazaar. Hence, low risk, high reward.

EDIT: I agree with everything you said 100%. We're just looking at the strategic importance of OB differently. I see it as allowing for horizontal growth while you're only seeing the vertical growth.

[bytemaster]

My point is that Open Bazaar is one use case.... and focusing on that use case we are missing out are the broader use case.

You don't see OpenBazaar as having any viral significance? The point in integrating with them is basically to leverage their spotlight as a targeted ad for BitUSD utility. Winning on OB would be like winning in many other areas BitUSD has utility. It's strategic. Low risk, high reward.

How high?  How much risk?   Lets be quantitative.   

How many users do they have in their community?
If they were a DAC what would their market cap be today?
Looking at their forum... it is a fraction the size of this one.   

So lets assume they were ready today.... they are a year behind on the viral growth curve.  By the time they are big enough to have any statistical impact on BitUSD, BitUSD will have already established itself and Open Bazaar will be implementing support for it on their own dime... or BitUSD will be dead and Open Bazaar will not be sufficient to revive it.

I like what their project stands for.  They are doing good work.  I just think perspective is needed.

Provide some numbers... quantify the gains.     They clearly have more to gain by integrating us than we do by integrating them.... which means we need to focus our efforts by building bridges where we have more to gain than the other party does.     

That said, I *FULLY* support integrating with them and it can be done by anyone in the community *WITHOUT A HARD FORK*.... BTSX blockchain supports all that is necessary... submit a wallet patch with API calls for generating the necessary transactions and we can go from there.

[Method-X]

My point is that Open Bazaar is one use case.... and focusing on that use case we are missing out are the broader use case.

You don't see OpenBazaar as having any viral significance? The point of integrating with them is basically to leverage their spotlight as a targeted ad for BitUSD utility. Winning on OB would be like winning in many other areas BitUSD currently has utility. It's strategic. Low risk, high reward.

[hpenvy]

My point is that Open Bazaar is one use case.... and focusing on that use case we are missing out are the broader use case.

I understand where you are coming from.. and being on the inside, I'm sure there's quite a few exciting marketing opportunities developing. From this side of the fence, I'm in the dark.  Like others willing to donate for development, I just want to know what it would cost and if we have the resources. Maybe you have a payment processor in the works, maybe EBay is around the corner, I wouldn't know.  I just know about opportunities I can evaluate and fund.

I promise I'm not wearing my "I Love Open Bazaar" fanboy signed t-shirt. I like the opportunity, I'm just sharing my thoughts.

[eagleeye]

My point is that Open Bazaar is one use case.... and focusing on that use case we are missing out are the broader use case.

If you make bitWALMART which is pegging the stock, we will get people.

[bytemaster]

My point is that Open Bazaar is one use case.... and focusing on that use case we are missing out are the broader use case.   

[hpenvy]

Like others have said, if you can get eBay to accept BitUSD, great. That would obviously do us a lot of good. But how realistic is it to expect eBay/PayPal to integrate BitUSD into their platform? Especially considering BitUSD hasn't proven itself anywhere else and it's hard enough getting big businesses to accept Bitcoin. I'd really like to shoot for something actually achievable.

OpenBazaar is like a cheap and effective advertisement for the utility of BitUSD. A lot of very important businesses are watching what happens there. If we can get a solid footing on OB, I fully expect BitUSD to spread to other areas.

100%. I don't even know what to add to that point, it's spot on.  It's an advertisement above anything else.

[luckybit]

@all preferring the conservative approach!

Every 20 years or so the marketing makes a 180 degree turn... don't you think BTSX is the right thing/technology that deserves the next change in marketing strategy?

Targeting people who don't want or care about our product isn't brilliant marketing.

You have to make people care by showing them the utility. People didn't care about Ebay until they wanted to buy something which required Ebay.

The way to promote BitUSD is to only accept bitUSD as payment.

[luckybit]

Users of ebay can settle in any payment form they desire.... marketing to ebay users / merchants is likely to gain us far more users than Open Bazaar.

Great idea.

[Method-X]

[cgafeng]

It's good to get both

[hpenvy]

Like others have said, if you can get eBay to accept BitUSD, great. That would obviously do us a lot of good. But how realistic is it to expect eBay/PayPal to integrate BitUSD into their platform? Especially considering BitUSD hasn't proven itself anywhere else and it's hard enough getting big businesses to accept Bitcoin. I'd really like to shoot for something actually achievable.

OpenBazaar is like a cheap and effective advertisement for the utility of BitUSD. A lot of very important businesses are watching what happens there. If we can get a solid footing on OB, I fully expect BitUSD to spread to other areas.

  i agree with this.  However, i'm getting the impression that the multisig support needed for OB is not trivial and that is why BM and the team don't seem that excited about it as everyone else.  Maybe BM can comment on how easy/hard it would be to support OB.

This.  I'd like to know:

1. How difficult to implement
2. Could it be community funded

[Stan]

Like others have said, if you can get eBay to accept BitUSD, great. That would obviously do us a lot of good. But how realistic is it to expect eBay/PayPal to integrate BitUSD into their platform?

You need to think BIGGER, Pinky!

[GaltReport]

Like others have said, if you can get eBay to accept BitUSD, great. That would obviously do us a lot of good. But how realistic is it to expect eBay/PayPal to integrate BitUSD into their platform? Especially considering BitUSD hasn't proven itself anywhere else and it's hard enough getting big businesses to accept Bitcoin. I'd really like to shoot for something actually achievable.

OpenBazaar is like a cheap and effective advertisement for the utility of BitUSD. A lot of very important businesses are watching what happens there. If we can get a solid footing on OB, I fully expect BitUSD to spread to other areas.

  i agree with this.  However, i'm getting the impression that the multisig support needed for OB is not trivial and that is why BM and the team don't seem that excited about it as everyone else.  Maybe BM can comment on how easy/hard it would be to support OB.

[Method-X]

There can also be a negative that bitusd gets associated with drugs.

If BitUSD is at all successful, this is inevitable anyway.

[Pheonike]

There can also be a negative that bitusd gets associated with drugs.

[Method-X]

Like others have said, if you can get eBay to accept BitUSD, great. That would obviously do us a lot of good. But how realistic is it to expect eBay/PayPal to integrate BitUSD into their platform? Especially considering BitUSD hasn't proven itself anywhere else and it's hard enough getting big businesses to accept Bitcoin. I'd really like to shoot for something actually achievable.

OpenBazaar is like a cheap and effective advertisement for the utility of BitUSD. A lot of very important businesses are watching what happens there. If we can get a solid footing on OB, I fully expect BitUSD to spread to other areas.

[Shentist]

i don't get the "on-ramp" suggestions so far.

if i understand it correct "someone" will offer a debit/credit card with bitUSD. what does this means? do i use USD or bitUSD on the outside transactions? i can not think of a way this card can use USD as a normal Mastercard on normal shops without the normal transactioncosts for the business owner. so the only benefit would be for the consumer. he will buy bitUSD with his USD and the "company" with the card will transfer the amount to bitUSD and will take some of the yield for the customer and maybe some portion for his self.

like

"use our creditcard and get 1.5% yield a year for your balance"

[Riverhead]

PayPal provides some buyer protections. Could this be achieved with bitUSD? The cost of escrow may wipe out the savings from PayPal.

[donkeypong]

I think it'll take a long time to build up an alternative like Open Bazaar. I'm in favor of plugging in there; it could become important. But I'm not holding my breath on it.

If you could interest eBay or Amazon or WalMart or Target or Sears, etc. in BitUSD, that would be awesome.

[Ander]

If you could get ebay, then obviously that would be amazing.  But how many people have been trying for years now to get ebay to take bitcoin?

At this point we need any market at all for bitUSD.  Going from 0 to 1 is the most important move.

[onceuponatime]

Lets get ebay AND Open Bazzar.

No reason to say one and not the other. 

ebay would certainly be a grand slam, but why pass up an easy chance to get a runner on base.

OB is already predisposed to crypto and a perfect oportunity to 'slip one in there'.  Have a base of people who actually use bitUSD.  OB can do everything that ebay does and more.  They are building the next ebay.  bitUSD should be there from the beginning.  OB is the reason ebay will take bitUSD.

I am not opposed to getting either or both, but I don't believe ebay is going to happen straight off.  Missing the boat on OB is a big mistake imo.

Yes, ebay and Open Bazaar, but Open Bazaar first. For all of the above reasons plus that it seems to be a perfect philosophical fit with what I have understood to be the Bitshares objectives.

[oco101]

Lets get ebay AND Open Bazzar.

Exactly

[Empirical1.1]

I still do not get basic premise - 'who does not care about money?'

The question isn't "who does not care about money?", it's "who would use BitUSD over fiatUSD and why?"

BitUSD is cheaper to receive


Sent from my iPhone using Tapatalk

Yeah I would imagine it's much cheaper than fiatUSD and judging from Overstock statements, even 1/2% makes a big difference to a retailers profit margins. BitUSD also has a few other advantages as well.

Personally I would choose EBay for the main marketing 'announcement' especially if it's co-inciding with a debit card of sorts. (Even better if you can already get 1/2 reasonably recognisable/sized merchants that would accept BitUSD from the start.)

That's a strong play that says BTSX is here to be a global mainstream contender. That would get a lot of coverage in Alt-Coin world plus some fringe media imo and be positively received.

The reality as some have suggested is that in practice mainstream adoption may be slow. So I wouldn't waste too much money beyond that trying to force it. You can also still do OB as a secondary and low cost play & it would still be popular and useful in Alt-Coin world.

But I think it's better if the main announcement and the branding play that defines BTSX to the mainstream at the start is something like 'debit card + EBay.'

[Xeldal]

Lets get ebay AND Open Bazzar.

No reason to say one and not the other. 

ebay would certainly be a grand slam, but why pass up an easy chance to get a runner on base.

OB is already predisposed to crypto and a perfect oportunity to 'slip one in there'.  Have a base of people who actually use bitUSD.  OB can do everything that ebay does and more.  They are building the next ebay.  bitUSD should be there from the beginning.  OB is the reason ebay will take bitUSD.

I am not opposed to getting either or both, but I don't believe ebay is going to happen straight off.  Missing the boat on OB is a big mistake imo.

[carpet ride]

Merchants despise paypal because it's slow and expensive, but they use it because it's easy and cheap for consumers

BitUSD makes it as cheap and easy for both parties less the chargeback features for consumers

Sent from my iPhone using Tapatalk

[tonyk]

I still do not get basic premise - 'who does not care about money?'

The question isn't "who does not care about money?", it's "who would use BitUSD over fiatUSD and why?"

For me it is the same question with the same answer - everybody who cares about money. About 93% of the earths population.
And if you think that Ebay is the magnet for those 7% not interested in money/savings/yields/convenience/speed, I must disagree.


And  IMHO no ebay user have to even know what bitUSD is. Even more than that, non of them should even know it has anything to do with cryptocurrencies.

[carpet ride]

I still do not get basic premise - 'who does not care about money?'

The question isn't "who does not care about money?", it's "who would use BitUSD over fiatUSD and why?"

BitUSD is cheaper to receive


Sent from my iPhone using Tapatalk

[Rune]

For eBay the competition is pretty much endless and people don't care about fees once they go below a few %. There's no reason to choose bitUSD unless it is the system you are already using. Soon we will have to compete with Facebook payments too.

For OB the competition is nubits, and nothing else.

Going after eBay would be a terrible mistake.

[Method-X]

I still do not get basic premise - 'who does not care about money?'

The question isn't "who does not care about money?", it's "who would use BitUSD over fiatUSD and why?"

[tonyk]

@all preferring the conservative approach!

Every 20 years or so the marketing makes a 180 degree turn... don't you think BTSX is the right thing/technology that deserves the next change in marketing strategy?

Targeting people who don't want or care about our product isn't brilliant marketing.

I still do not get basic premise - 'who does not care about money?'
 and even if they do not, for what purpose they use ebay instead of the overpriced store in their location?

[Method-X]

@all preferring the conservative approach!

Every 20 years or so the marketing makes a 180 degree turn... don't you think BTSX is the right thing/technology that deserves the next change in marketing strategy?

Targeting people who don't want or care about our product isn't brilliant marketing.

[tonyk]

@all preferring the conservative approach!

Every 20 years or so the marketing makes a 180 degree turn... don't you think BTSX is the right thing/technology that deserves the next change in marketing strategy?

[Shentist]

i disagree - we should identify smaller groups who are in need of a solution.

- Open Bazaar is ok

better would be to market to people who are in fear of loosing there value or get confiscated
- gold bugs etc.

i just go with the advice to start a startup to dominate a small niche market and then conquer the world. PayPal did the same with ebay. If we can copy their strategy with bots betting on kind of charity auctions we could do it.

Alibaba is also a possibility with our huge chinese community.

[Method-X]

If only gaining network effect was as easy as targeting the largest group of users.

[tonyk]

WOW!!!!

 ebay from the get go?

I like thinking BIG, but even I should ask - Can we pull it?

[speedy]

Wow thinking big.

I havent used eBay in years, but if they let users settle in any currency, how do they take their cut ?

[bytemaster]

Users of ebay can settle in any payment form they desire.... marketing to ebay users / merchants is likely to gain us far more users than Open Bazaar.