$10 million toward making Bitcoin successful - page 3.

Yankee (BitInstant)

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Charlie 'Van Bitcoin' Shrem

Quote from: BitPay Business Solutions on November 01, 2011, 01:54:11 PM

Quote from: Elwar on November 01, 2011, 01:34:05 PM

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.

I'd go with a Credit Union, much easier to maintain. Has its advantages and disadvantages over a Bank, but I think its a wiser choice.

BitPay Business Solutions

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Activity: 742

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Quote from: Elwar on November 01, 2011, 01:34:05 PM

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.

Steve

hero member

Activity: 868

Merit: 1008

Quote from: evoorhees on November 01, 2011, 01:37:03 PM

Prepare a brilliant legal team and start actively engaging in cases to set precedent.

I like this answer. I would also put some into shoring up some of the weak points of the system. Such as ensuring we have a fully p2p exchange system. A few developers working on it full time should be able to solve that in a few months I imagine.

Yankee (BitInstant)

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Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Would pay for every exchange to become 100% legal, MSB's and what not.

I'd also commission Casascius to make a few million 1 Bitcoin coins and give them out for free at the OWS protests.

Thats what I could think of the top of my head

cablepair

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Activity: 896

Merit: 1000

Buy this account on March-2019. New Owner here!!

Quote from: Elwar on November 01, 2011, 01:34:05 PM

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?

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

evoorhees

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Democracy is the original 51% attack

Prepare a brilliant legal team and start actively engaging in cases to set precedent.

Elwar

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Activity: 3598

Merit: 2386

Viva Ut Vivas

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?

Topic: $10 million toward making Bitcoin successful - page 3. (Read 7512 times)