-please excuse, this is a cross-post from something I put in another thread, but I thought it deserves it's own. Maybe it belongs in the news section but this kind of thing has major speculative implications and I like it here better I drove by 3 guys today putting up a Bitcoin Brains sign on 97th street in Edmonton today. Right by the Hope Mission and many other shelters and charities, soup lines etc... I wanted to pull over and ask them what the hell they were doing but there were no parking spots
I drive all over the city for work, I will definitely drop by there soon.
When I got home I googled it and found this.
http://www.calgaryherald.com/Bitcoin+business+opens+Calgary/9234195/story.htmlNot a mention about the Edmonton shop, from the looks of it the one here is not open for business yet.
But what really struck me is that I'm glad the Edmonton one is in one of the most needy areas in town, (although it is pretty much Chinatown for us... maybe Chinese miners?) But I'd much rather see the store there than where that one is in Calgary (looks like a boutique type area, similar to Whyte Ave in Edmonton)
Can you imagine the press if you gave all those bums cellphones with wallets that people walking by could drop a few satoshis as they walk by?
Can you imagine the profits for this store when all those bums go to cash out?
Which leads me to...
The Reason I don't want bitcoin to reach $10,000.I feel there is too much focus on the price, and how can we get rich - let's get in bed with the regulators and take this to the moon!.
Just listen to this Andreas guy, he's bringing up some points we should be paying more attention to.
http://www.youtube.com/watch?v=HYfY7n6sjS4 <-part 1
http://www.youtube.com/watch?v=5sSVVix1EgQ <-part 2
I would love to see it crash like after the 30 dollar bubble, and stay on the down low for some time, but I just can't see that happening at this point. What do you guys think? Is bitcoin going to be co-opted and we continue on with business as usual? Or are we going to see real cultural revolution?
*edit* here's the website
http://bitcoinbrains.com/ seems legit to me (I'm not even kidding, anyone who has chops in website design, maintenance etc.. you should probably call these guys)