Topic: $10 million toward making Bitcoin successful (Read 7512 times)

Actually, its in the works! Although not in the immediate future, I'd say definitely within a few years.

I've been flying around the US meeting investors and individuals high in the finance world.
One of my vc's had equity in BankServ, he was responsible for selling the company for $300 Million.
When I met with him last week, he said things would be so much easier for BitInstant and our goals if we buy or start a small Credit Union, and he wants to help us get there

I know the executives of a few exchanges are in talks about it as well.

I would trade the $10 Million for this:



this:



and this:




and I wouldn't have time to worry about anything else.

28 Apr 1997    Lottery millionaire Michael Allen is bludgeoned to death in a Lewiston, Maine motel room.
22 May 1999    Billie Bob Harrell, Jr. commits suicide. In June 1997, Harrell won $31 million in the Texas state lottery.
4 Sep 2001    Patrick Collier randomly wins $1 million at a McDonald's in Holly Hill, Florida. "I'm getting a Harley and a couple of houses." Two weeks later, Collier is arrested for allegedly choking and punching his fiancee in the face.
19 Dec 2001    British lottery millionaire Phil Kitchen is found dead on his couch. Kitchen had apparently drunk himself to death (whiskey).
11 Jul 2002    British lottery winner Dennis Elwell dies at work, shortly after telling a coworker that he had drunk cyanide.
21 Apr 2003    $25 million lottery winner Richard Krenzer is stabbed six times by Randall Hillyard and his son at the Swillburg Stop Bar & Grill outside Rochester, NY.
29 Jun 2003    Lottery millionaire Jody Lee Taylor is arrested in Collinsville, Virginia for attempting to run over a sheriff's deputy. On the night of his arrest, Taylor was driving naked down the wrong side of U.S. Route 58 with his headlights off.
5 Aug 2003    After lottery millionaire Jack Whittaker passes out in a West Virginia strip bar, a burglar steals his briefcase containing $545,000 in negotiable bonds. The money is located in a trash dumpster the next morning.
13 Sep 2003    The London Telegraph reports that 16-year-old British lottery millionaire Callie Rogers has lost her boyfriend, fought with her father, been mugged, and been accused of stealing someone's man. "Some days I don't even want to leave my house because people just scream abuse at me. Two months ago I thought I was the luckiest teenager in Britain. But today I can say I have never felt so miserable."
15 Sep 2003    In his Egg Harbor Township, New Jersey home, lottery millionaire Oscar Cordoba repeatedly stabs his wife and her mother with a kitchen knife, killing the mother-in-law.
17 Oct 2003    In a program entitled Living with the Lottery Lout, ITV1 reports that British lottery millionaire Michael Carroll has completely alienated his neighbors in Swaffham, Norfolk by periodically staging loud, impromptu demolition derbies on his property.
18 Nov 2003    An English court issues a bench warrant for lottery millionaire Satish Patel, charged with defrauding the government for three years' worth of unemployment claims.
6 Jan 2004    After getting banned from Billy Sundays Bar and Grill in St Albans, West Virginia, lottery winner Jack Whittaker reportedly threatens to have the manager and his family killed.
20 Jan 2004    Lottery winner Jack Whittaker reports that shortly after dawn, somebody broke into his SUV in Scott Depot, West Virginia and stole a bag containing $100,000 cash.
25 Jan 2004    Lottery winner Jack Whittaker is arrested for drunk driving in Nitro, West Virginia. Police allege the millionaire blew a .190 blood alcohol on the breathalyzer.
Apr 2004    A judge rules that broke Virginia lottery millionaire Suzanne Mullins owes $154,146.50 to the People's Lottery Foundation, a Florida lending institution specializing in loans to lottery winners.
26 Jun 2004    At his Longmont, Colorado home, state lottery millionaire Kevin Lee Sutton allegedly shoots Cristobal Lopez in the head with a .22 caliber pistol. Lopez survives and Sutton is later charged with attempted murder.
20 Jul 2004    In Minneapolis, MN, lottery millionaire Victoria A. Zell reportedly crashes her SUV into a truck on the way home from a bar, killing passenger Joshua Schmidt and paralyzing Amity Dimock from the waist down.
7 Aug 2004    Incarcerated serial rapist Iorworth Hoare wins $12.9 million in the British lottery.
13 Aug 2004    The nonprofit group Equine Protection of North America files suit against New Hampshire lottery millionaire Mary Ellen Sanderson for failure to deliver on an alleged $70,000 annual donation pledge.
24 Aug 2004    An Arizona bird refuge, The Oasis Sanctuary, files suit against New Hampshire lottery millionaires Mary Ellen Sanderson and former husband Jason Sanderson for failure to deliver on an alleged $100,000 annual donation pledge.
Sep 2004    Minnesota lottery millionaire Victoria A. Zell is arrested for having allegedly violated the terms of her bail and possessing 0.7 grams of methamphetamine. Zell had also reportedly wired $500,000 to a Canadian bank.
10 Oct 2004    Seattle police officers shoot California lottery millionaire Rick Camat to death in a parking lot near Qwest Field. Officers claim that Camat refused to drop his pistol, but Camat's brother claims the cops give him no instructions to do so.
2 Oct 2005    Having spent his $10 million prize in just seven years, Winnipeg lottery winner Gerald Muswagon hangs himself. Notable events in his monied spree include a high-speed chase in 2000 and a sexual assault arrest in 2002.
28 Oct 2005    Million dollar jackpot winner Christina Goodenow is arrested after Oregon police discover that she had purchased the winning ticket with a credit card stolen from her dead mother-in-law. Police searching her home discover her stash of methamphetamine, but find no trace of her first $33,500 installment.
15 Jan 2006    Bankrupt ex-lottery millionaire William "Bud" Post III dies of respiratory failure in Seneca, Pennsylvania. Post had won $16.2 million in the Pennsylvania lottery on February 24, 1988. From a 1993 interview: "Everybody dreams of winning money, but nobody realizes the nightmares that come out of the woodwork, or the problems."

I would a the BitMart - just like Walmart.

Buy Products and sell people , but i would only accept bitcoins.

Ofcourse will sell 20% lower then Walmart , so people will have to exchange there money to bitcoins

that why bitcoins will become popular and get more demand

I would probably put a huge bid wall up at $5/BTC and as people buy, sell at $5.50 for at least a year to give some price stability in the early stage.

I'd donate 10 million to Ron Paul and ask him to revive the competing currencies bill.

Start an offshore payment processor company that accepts bitcoins on behalf of US gamblers wanting to deposit into an array of sportsbooks and pokersites they wish to play at.

I would spend the money convincing walmart to accept Bitcoins in all of their stores world wide.

I remember a guy from the local branch of a major bank coming to my PRIMARY school when I was about 10 years old and gave me an account book with a balance of £2 . It wasn't much but that worked!

Buy a Bank.  A real functioning commercial bank with all of the licenses in good standing.

Let us say that you won the lottery and you want Bitcoin to succeed in the long term. You want to take some of your earnings, $10 million, and use it toward making Bitcoin a fairly popular and useful currency of choice.

What would you do?

Buy a Bank.  A real functioning commercial bank with all of the licenses in good standing.

yeah, but spenders will spend and entrepreneurs and risk takers will end up with 99% of the wealth.

redistribution is only ever temporary.