Topic: [ANN][GRT] Grantcoin: Currency with a Conscience (old thread) - page 6. (Read 36183 times)

Dave Hamill Appointed to Grantcoin Foundation Advisory Board

Posted on July 2, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/07/02/dave-hamill-appointed-to-grantcoin-foundation-advisory-board/

The Grantcoin Foundation is pleased to announce the appointment of Dave Hamill as an Advisor for economics and activism.

Dave is co-founder of the Coalition for Capital Homesteading, an association of organizations and individuals dedicated to empowering every person through equal access to the means to own productive capital. He is also a project manager at the Center for Economic and Social Justice, a Washington D.C.-based think tank which promotes a “just third way” between monopolistic capitalism and socialism, including employee ownership of business and reducing inequality of wealth through monetary system reform.

Dave is the founding owner of Esteo Group Inc. (Excellent Service Through Employee Ownership), a trucking company based in Atlanta, Georgia. He developed the “Justice Growth ESOP” business structure, in which employee-owned corporations are chartered to support widespread ownership education and spin off other employee-owned companies, each of which do the same.

Dave has worked as a Series-3 futures broker, sales manager, and small business owner. He studied business at Louisiana State University. He has been involved in libertarian political campaigns and causes as a ballot-access petitioner and fundraiser, and believes in the importance of building populist coalitions for economic reform that transcend party lines. He is married with three children.

“We’re very happy to have Dave Hamill’s input on our Advisory Board,” said Eric Stetson, Executive Director of the Grantcoin Foundation. “Dave brings to the table diverse experience in business, finance, the nonprofit sector, and grassroots activism. His passionate advocacy for freedom-based solutions to the problems of poverty and inequality, and his strong background in alternative economic theories and policy proposals can help the Grantcoin team continue to develop our monetary system and build a broad-based movement.”

this coin Look good . Buy some for future

Thank for update sir 
Delayed bridge just Accumulating for smart people

Form for deposit or withdraw to rippletrade on grantcoin website Looks good .
this simple and easy for use .
 

Grant coin is super coin for business as usual....

Thanks! Yeah, it's not so bad. We got all our money back quickly, and the folks at Ripple Labs that we've talked with are sympathetic to what we're trying to do and helpful. One of our tech advisors with a development background thinks the bridge can be done fairly easily, from a technical standpoint. That was encouraging to hear.

Nice , some Hour ago , i say can many news in here .
And now i see it 
this is awesome .
someone try got cheap from here . I should follow him 
...
Go GRT

That's the best possible news about a setback. Thank you Grantcoin team, keep up the good work.

Here's a new interview with Eric Stetson, founder of Grantcoin, which was published on Bitcoin Chaser:

http://bitcoinchaser.com/interviews/grantcoin-interview

Some highlights:

Hi everyone,

As mentioned by our team member Eric (freebird) in a reply to gilangIDR yesterday, the launch of automated bridge software for transfers of GRT to/from Ripple has been delayed.

For the sake of full transparency about what caused this delay, we published the following news release on our blog today, which also includes info and links for how Ripple users can deposit and withdraw GRT from their Ripple wallet. Key points are in bold.


Thank you for your patience and understanding.

Yes , you right .
Cost mining now arround 80-90sat , may be touch 100++ sat .
I Bought More cheap from panic sell 
This great project . very soon can many Announcment and article about this coin 
Dont forget for Support and Keep staking

as miners , I should Bought More Grantcoin on market .
I know , Grt it's good investm now , right
Hold my Coin , and Price can rise . 

Yeah, the long term is what matters anyway. Grantcoin will be proof of stake by the end of this year, with very few new coins being produced from then on, so the people accumulating now are smart (if you believe this project is meaningful and has a bright future).

Grantcoin is doing well on social media, almost 3,000 followers on Twitter in 2 months, so there's plenty of people interested in this project and watching to see where it goes. Most coins can't say that they're getting much interest outside the altcoin trading community. Grantcoin is, so that bodes well for the long term potential.

As for the reward halving coming up in a few hundred blocks, with fewer GRT being created every day the selling pressure from miners who mine and sell should be reduced, which means it would take less buying each day to maintain the price. If the amount of buying demand per day stays the same as it has been, and there are half as many new coins being dumped onto the market per day, then in theory the price would rise compared to where it is now.

Of course this is assuming that a lot of miners are selling for BTC soon after they mine GRT rather than holding it for the long term. I think that's a safe assumption, since a lot of miners of altcoins convert them into BTC. There's probably also a significant percentage of our miners who are holding the GRT they mine for the long term (at least I hope so), but I would guess it's the minority, based on the selling that can be seen on the markets every day. This coin right now is in the phase where most of the buying action is just absorbing the new coins being produced from the high block reward. But that's not going to last forever.

Thanks for letting the community know.

We've been consistently processing withdrawals from Ripple Trade with a turnaround time of usually just a few hours or less.


I wish I could tell you the automated bridge was going to be done tomorrow, but unfortunately it's delayed. We're looking into maybe having our own developers build it instead of working with outside devs as we've been doing before. The delays are frustrating, but in the end we might actually save money by just doing it ourselves and getting some input as needed from our contacts at Ripple Labs.


Thanks, that would be great!

That's a good question, and thank you for asking it. The simple answer is that all currencies build their value based on people's belief in the ideas and institutions behind the currency. Is it a good way to have a monetary system which benefits people and creates a better economy? Are the people involved, and the organization(s) responsible for managing the currency, ethical, transparent and trustworthy? The more people who answer yes to these questions about a particular currency, the more demand for it will increase and it will gain value. This is called the network effect: the more people believing in something and using something, the more valuable and useful it becomes.

Here's a 3 minute clip from a recent interview in which I talk about what gives money its value: https://youtu.be/HyIW8ToQYCg

Having said that, the Grantcoin Foundation has plans to make Grantcoin more useful as a currency, regardless of how many other people believe in it. For example, we're going to be starting our own e-commerce store, selling a variety of products made by socially/environmentally responsible companies, in which people will be able to pay with Grantcoin.

last 600 block to halving


Im already three time manual Withdraw my GRT from Rippletrade to External wallet , I get a good service from support .  

I can't wait about Grantcoin-Ripple bridge , what is really happening in late June ?
Now June 29 , may be tomorrow you can release Grantcoin-Ripple bridge ?

Note :
- as User Rippletrade , I like When GRT LIVE on rippletrade . XRP it's good market
- if I'm done Download chain Android wallet (This is quite long  ) , i can test and give feedback  

Thanks

yes I know , 1k++ Block to halving , from reward 400 to 200 .
and fact , if i mine with nethasrate ( 15TH -30TH ) , cost mining between 45-55 sat .
and then If reward decrease , cost mining can double from now , right
Grantcoin good for long term

some Block To halving guys 
Dont late buy more Cheap 

Developer: How is this coin going to build value so that the grants are useful to recipients?

hope the dev leave us 

A great new article about Grantcoin was published today on Bitcoinist.net.

Grantcoin: A Grant-based Digital Currency For a New World Economy

Here's an excerpt:


BTW, this article was NOT paid promotion. The author genuinely thinks that Grantcoin is newsworthy and she spent over an hour interviewing me on the phone for this article.