323 sats \ 0 replies \ @rijndael 3 Jul 2023
so cool!
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362 sats \ 1 reply \ @bradmillscan 3 Jul 2023
This is very cool.
What made you want to build this?
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1346 sats \ 0 replies \ @super_testnet OP 3 Jul 2023
A few reasons
I saw a project on ethereum that lets you vote on how to spend some funds in a group and I wanted to do it too, but with bitcoin, so I made an app for that
I also think it would be really cool if this had existed back when Jack gave some money for nostr development -- it would have been a cool way to distribute responsibility for the funds
I think any charity can use this to demonstrate how they use contributions in a fair way
I think governments can use this to ensure they are accountable for their treasury decisions
I think businesses can use this to distribute responsibility for corporate funds
I think fan clubs can use it for membership dues
Basically I saw a need for a way for people to jointly hold money but be public about how they are using it, and this is one of the many things bitcoin fixes
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231 sats \ 0 replies \ @calle 3 Jul 2023
That's insane! Great work @super_testnet 👏 really exciting times
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263 sats \ 2 replies \ @cstack 3 Jul 2023
Most excellent. What can I do to help?
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182 sats \ 1 reply \ @super_testnet OP 3 Jul 2023
Make a bitpac with your friends and then do a tiktok about it
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245 sats \ 0 replies \ @ThrillerX_ 4 Jul 2023
🤣
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1306 sats \ 1 reply \ @lawndough 3 Jul 2023
Lots of applications for this, but what my first thought was it’s a great solution for fantasy sports pots!
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333 sats \ 0 replies \ @super_testnet OP 3 Jul 2023
Yeah! You can also use it for p2p loans. Make a 2 of 3 bitpac between a borrower, a lender, and a neutral third party. Have the borrower put some collateral in the bitpac address and have the lender send him some USD. If the lender pays off his loan on time, the borrower or the neutral third party can cosign with the lender to return his collateral to him. If not, the lender or the neutral third party can cosign with the borrower to pay it off using part of the collateral, then send the remainder (if any) back to the borrower.
What's also cool is that the neutral third party doesn't even need to know they are involved unless there is a dispute. You could use Marty Bent for example and only ask him to intervene if your counterparty acts unfairly.
The same principle applies for stuff like futures contracts. One person goes long and is supposed to get some money if bitcoin's price rises by a certain date. The other person goes short so he takes the opposite gamble. If both parties cooperate, they can cosign together to release the funds to the winner. If either one is a sore loser and won't sign to release the funds, the winner can contact the neutral third party and ask them to intervene.
But unlike with DLCs, the neutral third party doesn't need to run a server, or even know they are participating.
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198 sats \ 2 replies \ @Rsync25 3 Jul 2023
Awesome! I like it!
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0 sats \ 1 reply \ @super_testnet OP 3 Jul 2023
Thanks! I hope a lot of people enjoy this project. There's are many thing people like doing in groups, maybe using bitcoin can be one of those things
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0 sats \ 0 replies \ @Rsync25 3 Jul 2023
Yep, after I seen video, I think also can help FOSS projects, mainly audit funds and be transparent with foundations.
Congrats by the idea! :)
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232 sats \ 0 replies \ @ThrillerX_ 3 Jul 2023
🧙Super Testnet is on a roll in 2023; first Magic Webstore, now Bitpac.
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381 sats \ 0 replies \ @BTC_Commons 3 Jul 2023
This is SO cool.
Future versions of this will become the default way to organize treasuries for decentralized movements. Takes away the danger of fraud.
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295 sats \ 1 reply \ @cyberpunk02 3 Jul 2023
YES! Lets use this to manage cyberpunkhardware.co with this and Nunchuck you basically have a slim cellular DAO structure #neweconomy
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20 sats \ 0 replies \ @super_testnet OP 4 Jul 2023
https://media.tenor.com/86FchXjCRUMAAAAM/jack-nicholson-yes.gif
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245 sats \ 2 replies \ @unspentspace 3 Jul 2023
thinking of using this for our org
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10 sats \ 1 reply \ @super_testnet OP 4 Jul 2023
Cool! What is your org?
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0 sats \ 0 replies \ @unspentspace 16 Jul 2023
unspent.space
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5 sats \ 0 replies \ @02699fc60a 3 Jul 2023 freebie
Really cool!
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1 sat \ 0 replies \ @ElSalvadorVisas 4 Jul 2023
Very cool - great work!
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1 sat \ 0 replies \ @badabing 4 Jul 2023
Very interesting project and use cases, thanks for making this application.
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1 sat \ 0 replies \ @Tsampa 4 Jul 2023
🟠🟣⚡️📖🫡 🐐 superb ... yaaa we can use it for any pots model business..
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1 sat \ 0 replies \ @renzo 4 Jul 2023
Awesomee!!
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1 sat \ 0 replies \ @BlokchainB 3 Jul 2023
Bookmarked!
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1 sat \ 0 replies \ @stefano 3 Jul 2023
Super cool!
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0 sats \ 0 replies \ @Undisciplined 3 Jul
This post was featured on This Day in Stacker News.
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0 sats \ 0 replies \ @033f1350dd 5 Jul 2023
太谢谢你了,比特币正因为有无私的开发者而伟大
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0 sats \ 0 replies \ @NaOD 3 Jul outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.