Author

Topic: A social network that pays you and can store Bitcoin (Read 1256 times)

legendary
Activity: 3052
Merit: 1273
phone verification wont work, cause is easy to get sim and prepaid phones, unless you can somehow block them

It is a sufficient deterrent. At least, you wont have people signing up for hundreds of accounts.  Smiley

If I'm thinking of the right thing, you can get virtual sims that you use online that can receive verification codes.
legendary
Activity: 1358
Merit: 1000
phone verification wont work, cause is easy to get sim and prepaid phones, unless you can somehow block them

It is a sufficient deterrent. At least, you wont have people signing up for hundreds of accounts.  Smiley
legendary
Activity: 1358
Merit: 1000
There are already a few social networks that pay you per post / per friend you bring in etc... I don't see any of them taking off...

Whats the best one?
legendary
Activity: 3374
Merit: 1824
Good things, but is it worthless? How much they pay you?
Another big problem will be multiple account that will "jam" the entire system   Sad

I agree.
Already a few social networks and forums tried this model but without success.
FB is popular because people can find there friends, chat with them and have fun, not because someone expect to be paid for his activity.
I don0t think such model- paid for posting, can really work in long term and for many users.

Q7
sr. member
Activity: 448
Merit: 250
FB will be forced to adopt this model, they even risk losing substantial market share by being to slow to act

I agree. They are pretty silent thus far when it comes to bitcoin
sr. member
Activity: 364
Merit: 250
phone verification wont work, cause is easy to get sim and prepaid phones, unless you can somehow block them
newbie
Activity: 27
Merit: 0
Good things, but is it worthless? How much they pay you?
Another big problem will be multiple account that will "jam" the entire system   Sad
sr. member
Activity: 252
Merit: 250
There are already a few social networks that pay you per post / per friend you bring in etc... I don't see any of them taking off...
newbie
Activity: 42
Merit: 0
Just me schlepping my latest article around, pay no mind:

http://bitcoinist.net/gems-the-first-social-currency-network/

 Smiley
The problem with this is that if people are paid to have a social network account then they will create multiple accounts (essentially farming accounts) making the network less able to earn ad revenue as the user base is not "real"

Also any service that hold bitcoin for you on your behalf is almost always a bad idea

If you treat the account like a bank account and make it so you have to be KYC compliant then you are ok. You can make it very difficult to spam accounts in a number of ways anyway. Make it so that to register it and start receiving funds they need to verify a few things (a phone number, an email, even scanned IDs if need be). People give away a lot more for a lot less in these markets already. 
newbie
Activity: 5
Merit: 0
A social network that pays you and can store Bitcoin
The world is full of miracles and surprises.
legendary
Activity: 1358
Merit: 1000
FB will be forced to adopt this model, they even risk losing substantial market share by being to slow to act
legendary
Activity: 1358
Merit: 1000
Just me schlepping my latest article around, pay no mind:

http://bitcoinist.net/gems-the-first-social-currency-network/

 Smiley
The problem with this is that if people are paid to have a social network account then they will create multiple accounts (essentially farming accounts) making the network less able to earn ad revenue as the user base is not "real"

Also any service that hold bitcoin for you on your behalf is almost always a bad idea

What if you link your social account to your phone number?
Facebook tries and does this anyway.
You may exclude a few people, but you can cut down on multiple accounts.
member
Activity: 61
Merit: 10
Just me schlepping my latest article around, pay no mind:

http://bitcoinist.net/gems-the-first-social-currency-network/

 Smiley
The problem with this is that if people are paid to have a social network account then they will create multiple accounts (essentially farming accounts) making the network less able to earn ad revenue as the user base is not "real"

Also any service that hold bitcoin for you on your behalf is almost always a bad idea
newbie
Activity: 42
Merit: 0
Just me schlepping my latest article around, pay no mind:

http://bitcoinist.net/gems-the-first-social-currency-network/

 Smiley
Jump to: