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Topic: A friend had a strange idea - page 3. (Read 2333 times)

legendary
Activity: 1120
Merit: 1000
March 28, 2016, 07:24:48 PM
#27
There such kind of this has been held on tv program in turkey, it more like competition or games, the girls show private key on screen and the people just need to screen the barcode and get the bounty instantly, but only small of people get interested in this things, of course they're only people who knew bitcoin before, then I think it's not a good idea moreover write anything on banknotes it is ilegall
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
March 28, 2016, 06:50:47 PM
#26
A bit of fun but I'm not sure how many people actually take the time to examine their notes. If I stumbled across one it might well send me down the rabbit hole.
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
March 28, 2016, 05:14:12 PM
#25
It would be useless because unless people know what bitcoin is and what those numbers mean (I.e private keys etc) they will just pass it on without paying any attention and obviously there's not much blank space on banknotes to write any description of Bitcoin
legendary
Activity: 1596
Merit: 1005
https://cryptodatabase.net
March 28, 2016, 04:54:00 PM
#24
...

Defacing paper currency is usually illegal in most countries.

Yet, I have seen "END THE FED" stamped on US money.

Not to mention telephone numbers and other small notations.

I see no harm in putting a public & private key on a US$20 or a €20.  Just don't get caught!

It's actually legal in the US as long as intention is not to destroy or make them unusable.

Quote
Defacement of currency is a violation of Title 18, Section 333 of the United States Code. Under this provision, currency defacement is generally defined as follows: Whoever mutilates, cuts, disfigures, perforates, unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, Federal Reserve Bank, or Federal Reserve System, with intent to render such item(s) unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both.

This. You can basically do whatever you want with US bills as long as you don't try to modify it to be a different type of denomination which is illegal.

If you wanted to write 'I love satan, lets buttfuck a rabbit' on a bill you could.
newbie
Activity: 27
Merit: 0
March 28, 2016, 04:46:11 PM
#23
it is illegal to advertise anything on banknotes.
legendary
Activity: 854
Merit: 1000
March 28, 2016, 04:39:29 PM
#22
I was hanging out with some friends and one of them had a very strange idea: writing on 5€ banknotes the public and private keys of a bitcoin address with something like 0.0005 BTC on and the link to the official bitcoin website to make more people know about the Bitcoin.

In your opinion would it work?
As far as the idea is concerned,it is one of the best I have heard but the method it propose is not good.Why deface fiat for it?better sms random numbers the private keys or send email
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
March 28, 2016, 04:32:19 PM
#21
No. The whole thing, public and private keys is just too long. I guess I wouldn't accept a banknote with anything written on it. What if I go to the bank next, and the bank says it doesn't want it. Sorry, I don't want to take any risk with money.
legendary
Activity: 2436
Merit: 1561
March 28, 2016, 04:29:47 PM
#20
I was hanging out with some friends and one of them had a very strange idea: writing on 5€ banknotes the public and private keys of a bitcoin address with something like 0.0005 BTC on and the link to the official bitcoin website to make more people know about the Bitcoin.

In your opinion would it work?
lol i see a major problem with this. say the first person to notice the writing goes on the bitcoin site and signs up. but the tons of people after that who receive the note will attempt to claim the same key, but theyre would be nothing on it.

That's what I wrote few posts above. But on the second thought, such people would at least learn a little bit about Bitcoin, private keys etc.

Overall I'd say such guerilla promotions are no longer needed, it could be somewhat useful 4-5 years ago. Bitcoin has grown past that stage.
hero member
Activity: 756
Merit: 500
March 28, 2016, 04:19:47 PM
#19
I was hanging out with some friends and one of them had a very strange idea: writing on 5€ banknotes the public and private keys of a bitcoin address with something like 0.0005 BTC on and the link to the official bitcoin website to make more people know about the Bitcoin.

In your opinion would it work?
lol i see a major problem with this. say the first person to notice the writing goes on the bitcoin site and signs up. but the tons of people after that who receive the note will attempt to claim the same key, but theyre would be nothing on it.
legendary
Activity: 2436
Merit: 1561
March 28, 2016, 04:11:47 PM
#18

IMO that would be a stupid move. Besides that being an illegal act in several countries that would be the act that would make Banks hate bitcoin even more.

I can guarantee you that no bank will give a shit about some writings on few banknotes. They wouldn't even notice, and what banknotes have to do with banks? You make it sound like banks own banknotes.

I'm not sure whether such thing would be illegal in EU. It's allowed in US (as posted above).


Quote
If you want more people to get in bitcoin, the best way you can do that is to offer some bits to many of your friends.

Or he could do both? These 2 things are not quite the same in terms of promotion.
-----

side note, BTC0.0005 is definitely to small for the purpose. Better do less with at least BTC0.0025 (around $1) each.
hero member
Activity: 504
Merit: 500
March 28, 2016, 03:56:16 PM
#17
I was hanging out with some friends and one of them had a very strange idea: writing on 5€ banknotes the public and private keys of a bitcoin address with something like 0.0005 BTC on and the link to the official bitcoin website to make more people know about the Bitcoin.

In your opinion would it work?

IMO that would be a stupid move. Besides that being an illegal act in several countries that would be the act that would make Banks hate bitcoin even more.
If you want more people to get in bitcoin, the best way you can do that is to offer some bits to many of your friends.
member
Activity: 93
Merit: 10
Spendabit is a search engine for Bitcoin
March 28, 2016, 01:12:06 PM
#16
That's a nice idea, but not the right way to do it. A better idea is to stick some posters in the streets or to hang a kind of banner in your house's walls.

you're right. It's better to hang a banner than write it on a banknote, It's illegal in my country. Stores won't accept a banknote if it has some ink on it or holes on it.

In Europe, if I remember well, you can even pay with 9/10th of a buck. It can have holes, be in several parts, but as long as you can understand it and that there's a least 9/10th of it, that's fine I presume.

So it's possible to take 10% of 9 bills to create a new acceptable bill?
sr. member
Activity: 441
Merit: 250
March 28, 2016, 01:04:50 PM
#15
That's a nice idea, but not the right way to do it. A better idea is to stick some posters in the streets or to hang a kind of banner in your house's walls.

you're right. It's better to hang a banner than write it on a banknote, It's illegal in my country. Stores won't accept a banknote if it has some ink on it or holes on it.

In Europe, if I remember well, you can even pay with 9/10th of a buck. It can have holes, be in several parts, but as long as you can understand it and that there's a least 9/10th of it, that's fine I presume.
sr. member
Activity: 406
Merit: 250
March 28, 2016, 12:59:09 PM
#14
Will people understand what it means? I am not sure but it's good that people and community trying to make bitcoin much popular.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
March 28, 2016, 12:49:38 PM
#13
Isn't it forbidden to write something on banknotes? I don't know how successful this method could be even if this is alowed, many people maybe just wouldn't have the clue what that means.
legendary
Activity: 1050
Merit: 1001
March 28, 2016, 12:18:56 PM
#12
I was hanging out with some friends and one of them had a very strange idea: writing on 5€ banknotes the public and private keys of a bitcoin address with something like 0.0005 BTC on and the link to the official bitcoin website to make more people know about the Bitcoin.

In your opinion would it work?
nice idea,if bank not problem with that,its okay and will effective to introduce bitcoin to people and banks member.
but i dont think its will can applicable in every banks,and dont put 0.0005,its too small,raise the amount about 0.001 Grin
member
Activity: 93
Merit: 10
Spendabit is a search engine for Bitcoin
March 28, 2016, 11:23:59 AM
#11
I was hanging out with some friends and one of them had a very strange idea: writing on 5€ banknotes the public and private keys of a bitcoin address with something like 0.0005 BTC on and the link to the official bitcoin website to make more people know about the Bitcoin.

In your opinion would it work?

There's debate as to the legality of "defacing" money in this way, and I think it varies from country to country. What could be more perfectly targeted grass-roots advertising though? I suspect "rewards" in the form of public/private keys on the bills is a stretch of complexity for the intended target market and that simply stamping "Make This Dollar Honest at Bitcoin.org", "The Future of Money is Bitcoin, Visit Bitcoin.org" or "Claim Your Free Future Money at Bitcoin.org" or something else short and catchy would be more ideal.
legendary
Activity: 2436
Merit: 1561
March 28, 2016, 11:20:27 AM
#10
...

Defacing paper currency is usually illegal in most countries.

Yet, I have seen "END THE FED" stamped on US money.

Not to mention telephone numbers and other small notations.

I see no harm in putting a public & private key on a US$20 or a €20.  Just don't get caught!

It's actually legal in the US as long as intention is not to destroy or make them unusable.

Quote
Defacement of currency is a violation of Title 18, Section 333 of the United States Code. Under this provision, currency defacement is generally defined as follows: Whoever mutilates, cuts, disfigures, perforates, unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, Federal Reserve Bank, or Federal Reserve System, with intent to render such item(s) unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both.
hero member
Activity: 812
Merit: 500
March 28, 2016, 11:18:59 AM
#9
isn't that illegal is some countries? also that would create a legit reason for banks to go against bitcoin (IMO).
better not do that.

Writing on note can be illegal i think.
legendary
Activity: 2436
Merit: 1561
March 28, 2016, 11:14:46 AM
#8
It's similar to idea of stamping "time for plan BTC" on banknotes. That didn't get great reception among community, many saw that as low level spam and rather bad PR.

Also if someone claim the tiny amount, banknote goes back into circulation and the next person who bothers to visit website and (manually?) type in the priv key just to discover there's nothing on it anymore, will be hugely disappointed.

Not the best idea, but you could do it just for lolz, and to check how many people have bothered to withdraw.
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