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50 sats \ 1 reply \ @cointastical 20 Feb 2022
I saw a comment recently -- I forget where I had read it, but it was for someone who was (yet still to this day) bitching about BitcoinTalk's raising of 6,000 BTC way back in the day and how the project that the money was supposed to be for never got built as intended.
I didn't verify that amount, but there was indeed a crowdfunding done for the purpose where they would create new forum software (or do a fork and a major rewrite, whatever), with the aim of integrating bitcoin tipping, wallet services (so user A could send BTC to user B), and then extensible to accommodate modules (subs / Apps) that could be added later for things like a marketplace (e-commerce/storefront), P2P exchange trading, and such. I didn't really follow the project, or the story as it progressed, but I think it ended up where contractors were hired and work was started, but then they ran out of money long before anything useful had resulted. Or something, I don't know, don't care. It was a long, long time ago.
But seeing that yet made me think ... Stacker.news kind of does much of the core of what this newly developed forum software was supposed to do. Tipping, competitive bidding for rank/position, and with Lightning Address, SN essentially has wallet service too (i.e., I can send sats to you from my BlueWallet LN wallet, for example, by simply knowing your SN nym).
And all that got built for a lot less than 6,000 BTC, eh?
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10 sats \ 0 replies \ @k00b 20 Feb 2022
I hadn't heard about that. lol We've done this for quite a bit less than 6,000 BTC. It's been just my cost of living, which I keep intentionally below average, for the last 8 months or so.
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10 sats \ 0 replies \ @gmd 19 Feb 2022
Someone posted about Facebook's decline and I was thinking how groups was the only reason I still use FB.
Would be neat to see SN have some sort of private group/sub features and steal some of that marketshare...
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20 sats \ 2 replies \ @jeff 19 Feb 2022
I'm curious if anybody knows of any resources/sites dedicated to bootstrapping
a structural circular bitcoin economy?
It feels like a chicken-egg problem that ebbs and flows with the hype cycles of crypto.
Ib4 "meetups". I personally don't really want to dox my house to my neighbors as having BTC. I'm not looking to put a target on my home.
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30 sats \ 0 replies \ @cointastical 20 Feb 2022
If you want to know how NOT to do it, look at the BCashers trying to do this in some Caribbean island nations (e.g., St. Kitts, which is from where Ver now has a passport).
They target some merchant, get them to agree to install their app on the merchant's existing point-of-sale device (or their personal phone, for a mom & pop, or whatever).
And the next thing you know they are plastering BCH stickers everywhere inside and outside the joint and then proceed to "interview" (recruiting, hard sell, ... otherwise known as pestering) the shop's customers (e.g., diners in the restaurant) giving them a small amount of "free" BCH, and then pressuring these victims into buying their shitcoin (from their shitcoin exchange) and to use that to pay the shop at checkout.
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40 sats \ 0 replies \ @nout 19 Feb 2022
Good start is to create p2p exchanges, it could be for buying BTC, but it could also be for buying used books from neighbors... (I wrote quick tutorial here SN/7424 and here's similar more detailed protocol).
You could also take some inspiration from the "Galoy" type of communities being deployed in different countries, e.g. here in Costa Rica they started at local farmers market, they did learning sessions the farmers, they gave them the customized App (based on the Galoy sourcecodes, same as El Zonte...)...
Another thing is to just find your local butcher or farmer and buy from them directly with cash and pitch them Bitcoin over time and teach them how to accept it. This goes a long way. Similarly if you go for dinner with your friends, pay them back with sats over LN (e.g. get them on Muun, SBW, WoS or similar).
If you see some street vendors, ask them if they accept bitcoin - there's a chance that they will ask you what it is and how to accept it. Especially outside of US people on the street get it much faster.
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