Announcing 22, Inc: The future of bitcoin is already the past. Give us money.

LiteCoinGuy

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In Satoshi I Trust

Quote from: americanpegasus on May 05, 2015, 10:59:56 PM

If you've been waiting on your chance to get in on the ground floor of bitcoin 2.0, here it is.

22, Inc burst into existence about six minutes ago, and already is transforming the cryptocurrency scene forever.

What we propose to do is create the next essential layer on top of bitcoin that will enable full transaction reversibility and full regulatory compliance.

We will be the Mastercard and the PayPal of bitcoin, all in one.

maxcarjuzaa

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Quote from: americanpegasus on May 05, 2015, 10:59:56 PM

- Bitdollars will have inherent value that is undeniable because again, we are issuing them against bitcoins. So it's not an issue of whether people will want to use bitdollars; as we slowly buy up the supply of bitcoin and store it in our vaults, consumers will eventually be forced into the bitdollar standard.

Thas is actually very good for Bitcoin!! I was wandering if they would back their crypto with bitcoins or fiat in the bank.

Their slogan is "Bitcoin is a protocol" so I thought they are dropping the idea of bitcoin as coin,

ChuckBuck

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better everyday ♥

This post reminds me of the ending of 22 Jump Street. Not bad OP, not bad.

A for effort! Cheesy

ebliever

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Quote from: louise123 on May 08, 2015, 05:58:54 AM

Quote from: Amph on May 08, 2015, 02:58:01 AM

Quote from: americanpegasus on May 05, 2015, 10:59:56 PM

- We will create an entirely new Cryptocurrency, tentatively titled the "bitdollar".

i stopped here, and i want to ask you besides if your post is a trolling attempt or not, why the reason in making a clone(or semi-clone) of bitcoin , everytime i see people that want only to make a copy of bitcoin, instead of accepting it and live happy, there is nothing really flawed about bitcoin tech, everything work perfectly, just the no demand isn't there because of some fud here and there

yeah i know all you guys have lost the train and you want to be like an early adopter, but i think you should get over it already

You should have continued.
I stopped at some point too, but then I learned that the whole post is a parody of 21 Inc.

Quite funny too Cheesy

It's a measure of how poorly conceived and executed many altcoins are, that so many experienced bitcoiners here are being taken in by this parody. In other words, many of the altcoins are little better than parodies themselves, so even experienced bitcoiners can't tell the difference!

louise123

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Activity: 462

Merit: 250

Quote from: Amph on May 08, 2015, 02:58:01 AM

Quote from: americanpegasus on May 05, 2015, 10:59:56 PM

- We will create an entirely new Cryptocurrency, tentatively titled the "bitdollar".

i stopped here, and i want to ask you besides if your post is a trolling attempt or not, why the reason in making a clone(or semi-clone) of bitcoin , everytime i see people that want only to make a copy of bitcoin, instead of accepting it and live happy, there is nothing really flawed about bitcoin tech, everything work perfectly, just the no demand isn't there because of some fud here and there

yeah i know all you guys have lost the train and you want to be like an early adopter, but i think you should get over it already

You should have continued.
I stopped at some point too, but then I learned that the whole post is a parody of 21 Inc.

Quite funny too Cheesy

Amph

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Activity: 3248

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Quote from: americanpegasus on May 05, 2015, 10:59:56 PM

- We will create an entirely new Cryptocurrency, tentatively titled the "bitdollar".

i stopped here, and i want to ask you besides if your post is a trolling attempt or not, why the reason in making a clone(or semi-clone) of bitcoin , everytime i see people that want only to make a copy of bitcoin, instead of accepting it and live happy, there is nothing really flawed about bitcoin tech, everything work perfectly, just the no demand isn't there because of some fud here and there

yeah i know all you guys have lost the train and you want to be like an early adopter, but i think you should get over it already

Mike Christ

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Made me laugh, +1

Shindo1988

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Bitcoin Samurai

Quote from: jonald_fyookball on May 06, 2015, 01:43:16 PM

Quote from: R2D221 on May 06, 2015, 12:02:54 PM

Quote from: jonald_fyookball on May 06, 2015, 11:24:59 AM

Quote from: R2D221 on May 06, 2015, 08:46:03 AM

Sarcastic post is sarcastic. Why are people getting all serious and mad at it?

I think he's actually serious...being humorous but still wants to create something.

No, I don't think so. I understood this post as a parody to 21 and other projects.

OH. well then, you got me! good trolling OP. well done.

Ahh, you got me there too you little rascal.
Indeed good trolling.
Well played.
Continue....

futureofbitcoin

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Activity: 322

Merit: 250

Quote from: louise123 on May 08, 2015, 01:38:10 AM

Quote from: Light on May 08, 2015, 01:19:35 AM

Quote from: americanpegasus on May 05, 2015, 10:59:56 PM

- The bit dollar will be fundamentally everything that bitcoin is not: fully centralized, and fully reversible. There will be no mining of the bitdollar. Instead, all bitdollars will be awarded to the company in the Genesis block and nodes will immediately begin garnering rewards in a transaction fee based economy.

- The client will be partially decentralized, just like a human body or government. Nodes will be trusted to process transactions but 22, Inc. will retain master control over the blocks and must verify each block before it becomes part of the chain. There is a three day processing time for each successful block before 22, Inc. permanently writes it to the ledger. This may create some technical hurdles having nodes working on blocks that they aren't even sure will ever be valid. But we will hire some smart guys to figure that part out.

That's nice. If you have full control over the processing of blocks I think I'd much rather stick to fiat where I can use it anywhere (via Visa/MC) and I don't have to worry about you guys randomly disappearing one day. Your idea is pretty much just a worse version of fiat - at least the government is somewhat accountable (via elections) and is not anonymous.

As to venture capital - if you really want to do something you'd be better off pitching to venture capital firms rather than here, doubtful anyone will donate to your cause.

LOL

He got you too, didn't he?
Check out the previous posts above yours.
The OP made a parody of 21 Inc.

To quote our CEO, "we are a professional financial corporation". You can use our bitdollars anywhere in the world. Bring your laptop to Antarctica if you like, it will still be there. You don't have to worry about us disappearing, as we are a professional financial corporation. Even if we disappeared, our bitdollars will still be on your computer.

louise123

sr. member

Activity: 462

Merit: 250

Quote from: Light on May 08, 2015, 01:19:35 AM

Quote from: americanpegasus on May 05, 2015, 10:59:56 PM

- The bit dollar will be fundamentally everything that bitcoin is not: fully centralized, and fully reversible. There will be no mining of the bitdollar. Instead, all bitdollars will be awarded to the company in the Genesis block and nodes will immediately begin garnering rewards in a transaction fee based economy.

- The client will be partially decentralized, just like a human body or government. Nodes will be trusted to process transactions but 22, Inc. will retain master control over the blocks and must verify each block before it becomes part of the chain. There is a three day processing time for each successful block before 22, Inc. permanently writes it to the ledger. This may create some technical hurdles having nodes working on blocks that they aren't even sure will ever be valid. But we will hire some smart guys to figure that part out.

That's nice. If you have full control over the processing of blocks I think I'd much rather stick to fiat where I can use it anywhere (via Visa/MC) and I don't have to worry about you guys randomly disappearing one day. Your idea is pretty much just a worse version of fiat - at least the government is somewhat accountable (via elections) and is not anonymous.

As to venture capital - if you really want to do something you'd be better off pitching to venture capital firms rather than here, doubtful anyone will donate to your cause.

LOL

He got you too, didn't he?
Check out the previous posts above yours.
The OP made a parody of 21 Inc.

Light

hero member

Activity: 742

Merit: 502

Circa 2010

Quote from: americanpegasus on May 05, 2015, 10:59:56 PM

- The bit dollar will be fundamentally everything that bitcoin is not: fully centralized, and fully reversible. There will be no mining of the bitdollar. Instead, all bitdollars will be awarded to the company in the Genesis block and nodes will immediately begin garnering rewards in a transaction fee based economy.

- The client will be partially decentralized, just like a human body or government. Nodes will be trusted to process transactions but 22, Inc. will retain master control over the blocks and must verify each block before it becomes part of the chain. There is a three day processing time for each successful block before 22, Inc. permanently writes it to the ledger. This may create some technical hurdles having nodes working on blocks that they aren't even sure will ever be valid. But we will hire some smart guys to figure that part out.

That's nice. If you have full control over the processing of blocks I think I'd much rather stick to fiat where I can use it anywhere (via Visa/MC) and I don't have to worry about you guys randomly disappearing one day. Your idea is pretty much just a worse version of fiat - at least the government is somewhat accountable (via elections) and is not anonymous.

As to venture capital - if you really want to do something you'd be better off pitching to venture capital firms rather than here, doubtful anyone will donate to your cause.

louise123

sr. member

Activity: 462

Merit: 250

Quote from: americanpegasus on May 06, 2015, 02:18:14 PM

Quote from: jonald_fyookball on May 06, 2015, 01:43:16 PM

Quote from: R2D221 on May 06, 2015, 12:02:54 PM

Quote from: jonald_fyookball on May 06, 2015, 11:24:59 AM

Quote from: R2D221 on May 06, 2015, 08:46:03 AM

Sarcastic post is sarcastic. Why are people getting all serious and mad at it?

I think he's actually serious...being humorous but still wants to create something.

No, I don't think so. I understood this post as a parody to 21 and other projects.

OH. well then, you got me! good trolling OP. well done.

Why do people keep saying that?

We are a professional financial corporation, 22, Inc. That's how it should be read, and that's how it should be said.

Now, you can trust that when I tell you our business plan, I have arrived at that plan very carefully and it is a very good plan. I don't expect to be questioned on this matter again.

OP, I have heard that besides your ASIC toasters you are working on a new kind of coin mixer / money laundry device.
I heard that you will create washing machines that will accept all kinds of crypto currency, then mix it and wash it well.
By the time it comes out it's like it was just mined.

is that true? Roll Eyes

louise123

sr. member

Activity: 462

Merit: 250

Quote from: jonald_fyookball on May 06, 2015, 01:43:16 PM

Quote from: R2D221 on May 06, 2015, 12:02:54 PM

Quote from: jonald_fyookball on May 06, 2015, 11:24:59 AM

Quote from: R2D221 on May 06, 2015, 08:46:03 AM

Sarcastic post is sarcastic. Why are people getting all serious and mad at it?

I think he's actually serious...being humorous but still wants to create something.

No, I don't think so. I understood this post as a parody to 21 and other projects.

OH. well then, you got me! good trolling OP. well done.

Same here, though I was being sarcastic my self Tongue

Oh well, might as well continue this parody..

Beliathon

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Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

Donated 22mil to OP. Good luck with your new venture, you crazy kid.

Moebius327

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Activity: 770

Merit: 500

Quote

22, Inc burst into existence about six minutes ago, and already is transforming the cryptocurrency scene forever.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Remember, a good pitch is important!

americanpegasus

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Activity: 770

Merit: 504

Quote from: jonald_fyookball on May 06, 2015, 01:43:16 PM

Quote from: R2D221 on May 06, 2015, 12:02:54 PM

Quote from: jonald_fyookball on May 06, 2015, 11:24:59 AM

Quote from: R2D221 on May 06, 2015, 08:46:03 AM

Sarcastic post is sarcastic. Why are people getting all serious and mad at it?

I think he's actually serious...being humorous but still wants to create something.

No, I don't think so. I understood this post as a parody to 21 and other projects.

OH. well then, you got me! good trolling OP. well done.

Why do people keep saying that?

We are a professional financial corporation, 22, Inc. That's how it should be read, and that's how it should be said.

Now, you can trust that when I tell you our business plan, I have arrived at that plan very carefully and it is a very good plan. I don't expect to be questioned on this matter again.

americanpegasus

hero member

Activity: 770

Merit: 504

Quote from: futureofbitcoin on May 06, 2015, 12:53:42 PM

Quote from: ebliever on May 06, 2015, 12:12:28 PM

I wonder how they intend to do that without making scamming so easy a toddler could do it. Bitcoin already has full transaction reversibility, if the recipient of funds chooses to return them. Any alternative to this involves forcibly taking funds from the recipient against their will. Think about that whenever someone whines about "full transaction reversibility."

That's the secret behind the technology of 22 inc, and what makes it so valuable. If you become a big enough investor, perhaps we'd be able to reveal our white paper on full transaction reversibility enabled by a completely centralized ledger.

(Note that I've joined this company earlier as the Marketing and growth strategy officer)

Oh yes, that's true. He did totally call it.

So say hello to our first hire, Marketing and Strategy Officer, "futureofbitcoin"

jonald_fyookball

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Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: R2D221 on May 06, 2015, 12:02:54 PM

Quote from: jonald_fyookball on May 06, 2015, 11:24:59 AM

Quote from: R2D221 on May 06, 2015, 08:46:03 AM

Sarcastic post is sarcastic. Why are people getting all serious and mad at it?

I think he's actually serious...being humorous but still wants to create something.

No, I don't think so. I understood this post as a parody to 21 and other projects.

OH. well then, you got me! good trolling OP. well done.

futureofbitcoin

sr. member

Activity: 322

Merit: 250

Quote from: RodeoX on May 06, 2015, 12:57:45 PM

This makes so much sense. What about adding a "claw back" feature. That way when you change your mind about a purchase you can pull your money back to your wallet! Cheesy

We not only have this planned in the future, but we will also roll out a revolutionary "auto-claw back" feature, that "claws back" after every purchase you make automatically. This way you don't have to waste time doing it yourself every single time.

Topic: Announcing 22, Inc: The future of bitcoin is already the past. Give us money. (Read 2857 times)