Leads - Let me get your thoughts
-
[quote name=“wesphily” post=“7255” timestamp=“1369687289”]
This will be a difficult task to do until more people accept crypto currency.
[/quote]Chicken and Egg. Musicians can say “I’ll wait for more merchants to accept the coin” while the merchants will say “I’ll wait until Feathercoin is not just a niche idea”.
Let’s all be honest with one another… imagine you’re one of your parents and you accidentally landed in the alt section of bitcointalk. What would they think? It’s like a bunch of 20 somethings arguing over the next Pokeman cards. The way to get this currency pushed, is to get people involved who couldn’t care less about the nerd speak. They want a problem solved.
I’m not talking about big label bands, I’m talking about the 50 or so bands that play for peanuts every weekend in each of your downtown areas. The Feathercoin community is looking for places to spend their coins. So picture this:
- Local bands offers digital download through purchase with Feathercoin
- Local band gets attention because they are a purchasing option for Feathercoin holders
- Local band learns just enough about crypto to get them involved in a community they would have never bothered with it the first place
- We’re able to push PR around supporting local bands with an inexpensive way for them to exchange goods with their fans
-
I’ve been rolling this in my head for a bit: This is PeerMarket.net (yeah need to set it up).
Say you pay your rent a year in advance and the landlord offers a discount, say 2 months free.
You present proof to us, and we hand you a certificate for having paid. Then you can use the certificate to move out if necessary and trade certificates with someone else who is moving out in the same location as you are moving into. You could take a vacation, stay at a hotel, etc.
We put references to the certificates on the market on peermarket.net.
We take FTCs directly for bundled certificates on the market and convert others to FTCs.
Result:
Average person suddenly gets an incredible amount of mobility and freedom.
Landlords get a huge break on their costs and can actually do repairs.
Prices for housing go down.
Housing is no longer the invisible gun pointed at people’s heads.Now, I think the same thing can be done much more easily for musicians with a lot less risk.
-
Back up a bit.
Suppose we purchase the things they need. And then we accept FTCs and our participants do as well.
We’re not going to succeed in selling cryptocoin to people who need solutions now anymore than using guitar strings as currency.
Why don’t we take a leap of faith and build bridges and as a reward for our work we take payment in FTCs and so do participating businesses?
Hollywood didn’t believe VHS rental would work. They didn’t want to touch it. The first guy had to put up $50K of his own money to open a store and prove it to the stubborn gorillas. I see oldhat BTCers and businesses in general thinking like these gorillas. So let’s just kick it off ourselves.
There’s the old story that the Statue of Liberty or something was paid for in pennies.
-
[quote name=“wesphily” post=“7278” timestamp=“1369693974”]
However, in order to reach that step I believe FTC will not only have to go up in value but will need to be regulated by law.
[/quote]Why do we need regulations? What’s so magical about the law? Standards, yes. Laws are for the timid.
-
[quote name=“zerodrama” post=“7283” timestamp=“1369695664”]
[quote author=wesphily link=topic=922.msg7278#msg7278 date=1369693974]
However, in order to reach that step I believe FTC will not only have to go up in value but will need to be regulated by law.
[/quote]Why do we need regulations? What’s so magical about the law? Standards, yes. Laws are for the timid.
[/quote]I’m not there… but I’ll let the market decide how it’s used… right now, I’m just trying to get them to actually use it. I’m planning on spending the remainder of my day doing something away from the monitor and then I’m tacking this project.
-
[quote name=“justabitoftime” post=“7293” timestamp=“1369699196”]
[quote author=zerodrama link=topic=922.msg7283#msg7283 date=1369695664]
[quote author=wesphily link=topic=922.msg7278#msg7278 date=1369693974]
However, in order to reach that step I believe FTC will not only have to go up in value but will need to be regulated by law.
[/quote]Why do we need regulations? What’s so magical about the law? Standards, yes. Laws are for the timid.
[/quote]I’m not there… but I’ll let the market decide how it’s used… right now, I’m just trying to get them to actually use it. I’m planning on spending the remainder of my day doing something away from the monitor and then I’m tacking this project.
[/quote]I get that. I just don’t understand why providing a secure method of trading rent credits has to involve the oh so important state. Are we not able to run a fair and simple post contract escrow exchange (that’s all it is) without someone in charge giving us their blessing?
It’s not like we’re proposing to manage a nuclear reactor.
I really think this is something citizens can do without having some suit tie their shoelaces for them.
I mean why does anything above 8th grade level in complexity have to involve bullies in suits who really don’t have our best interests at heart? -
[quote name=“zerodrama” post=“7298” timestamp=“1369700837”]
[quote author=justabitoftime link=topic=922.msg7293#msg7293 date=1369699196]
[quote author=zerodrama link=topic=922.msg7283#msg7283 date=1369695664]
[quote author=wesphily link=topic=922.msg7278#msg7278 date=1369693974]
However, in order to reach that step I believe FTC will not only have to go up in value but will need to be regulated by law.
[/quote]Why do we need regulations? What’s so magical about the law? Standards, yes. Laws are for the timid.
[/quote]I’m not there… but I’ll let the market decide how it’s used… right now, I’m just trying to get them to actually use it. I’m planning on spending the remainder of my day doing something away from the monitor and then I’m tacking this project.
[/quote]I get that. I just don’t understand why providing a secure method of trading rent credits has to involve the oh so important state. Are we not able to run a fair and simple post contract escrow exchange (that’s all it is) without someone in charge giving us their blessing?
It’s not like we’re proposing to manage a nuclear reactor.
I really think this is something citizens can do without having some suit tie their shoelaces for them.
I mean why does anything above 8th grade level in complexity have to involve bullies in suits who really don’t have our best interests at heart?
[/quote]Everyone is here for different reasons, ** personally ** I keep my anarcho capitalism side out of the equation. I figure everyone will use Feathercoin as they please… my primary responsibility to this group is to get it out there. If someone wants to put up an exchange, fantastic! I believe there can and should be competing ideas here… it’s healthy and it will shake out the best results.
-
I have a good idea where I want to take it now… thanks to everyone for the input. I’ll meet with Nikel and see if we can iron out an outline by midweek. This is one reason I like have a Team Leads forum… lots of very strong minded people that give honest feedback.
-
[quote name=“wesphily” post=“7300” timestamp=“1369701041”]
What I was trying to say is that it will be difficult to make FTC widely accepted as currency without the law trying to regulate it. We are talking about making USD/RUR/EUO worthless compared to online currency that no government could touch. I think the only reason USA hasn’t crushed crypto currency is because it is only good for converting to USD in its current state. Even at that state there are stories online about FBI cracking down.To me the best plan would be to make it easy to convert to usd so that the government stays off our backs. Once we are ready we will have to eventually be regulated or be persecuted. I would rather be a millionare and a contributor to a new currency than a prisoner in jail.
[/quote]The current ‘recommendations’ are still rather sketchy. As an individual, if you’re moving from coin to fiat, you have a tax liability (some will argue differently… that’s fine). As a company, moving money from coin to fiat is whole different set of regulations and complexity. As Bitcoin’s market cap hits about 1.5 billion, we’ll start to see first hand what the gov’t is going to go after and what they’ll leave alone.
Let me tell you first hand from my experience with friends in Liberty Dollar… it’s a can quickly turn nasty if you poke the bear with the stick.
-
This why I said we need to humanize the coins. What we’re doing with people minted money is as dangerous as challenging Divine Right of Kings. Especially when it isn’t necessarily money, but a reassurance of true transactions. Coins are more like postage stamps than money. And so are the rental certificates. We’re not only saying that the monopoly on minting is obsolete (by necessity given the corruption), but that we’re not necessarily even interested in the fungibility. We’re making money ordinary, taking its glory, knocking it off the pedestal. We don’t really necessarily want coin as money. We just want coins as a means of getting our affairs in order.
No more glory, no more worship of the rich, a true understanding that the gamblers on Wall Street aren’t nearly as free and wealthy as people who can give everybody the finger and sit on the beach in sandals.
We’re making the lifestyle of these gamblers boring. That’s what scares them. That we don’t care.
