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Topic: Bitcoin reaching critical mass in New Hampshire? - page 2. (Read 10887 times)

hero member
Activity: 637
Merit: 502
If only there was critical mass in Vermont then I can buy some Grade B maple syrup and Vermont cheddar cheese.

If you were living in Canada I could have shipped you 540ml (19 ounces) metal cans of grade B syrup for 1.75 BTC each.
hero member
Activity: 532
Merit: 500
most of those pages are for donations, which do nothing towards building an economy for bitcoin. the only thing you can actually buy is baklava. i think thats even better than alpaca socks  Wink
i dont really see a critical mass there.

If only there was critical mass in Vermont then I can buy some Grade B maple syrup and Vermont cheddar cheese.
vip
Activity: 1052
Merit: 1155
I also think it is a pretty safe bet that this year's http://porcfest.com/ will double as the worlds largest Bitcoin swap meet.
Last year there were lots of vendors using Bitcoin,  this year I suspect just about everyone will be willing to accept payment as Bitcoin.
hero member
Activity: 742
Merit: 500
most of those pages are for donations, which do nothing towards building an economy for bitcoin. the only thing you can actually buy is baklava. i think thats even better than alpaca socks  Wink
i dont really see a critical mass there.

So, what you're saying is that New Hampshire is secretly going to change its motto to New Hampshire: The Donate Your Bitcoins to Me State?


This just in:

Every single organization in the world now accepts Bitcoin donations, well over 100 million of them.

No effect?

But yeah, early to call it 'critical'.

what i wanted to say comes down to this:
you can live off donations but you can live off donating. even if every single organization accepting donations accepts them in bitcoin, even in bitcoin only, bitcoin is still not a viable currency. people only spend a little amount of their total money on donations and they have no incentive to convert any more money to bitcoin then they intend to donate. but if a wide variety of attractive products can be bought in bitcoin there is no upper limit to the amount of bitcoins you can hold with the intention of spending them. the shops are the chicken in the chicken/egg problem.

so in my opinion the easiest way to reach critical mass is to get a limited number of online shops with a very big potential customer base - i.e. selling stuff thats is usually sold online and shipping it to almost anywhere cheap - to accept bitcoin. for example computer hardware and electronics, games/movies/music, porn/downloads/gambling. as soon as you can create the feeling that you can hold bitcoins because you will spend them eventually its downhill from there.
donations, local restaurants etc. are imho mostly good for the marketing effect. even if new hampshire completely switched to bitcoin for everything but internet shops it wouldnt change a thing for the rest of the world. its very good advertisement and the price for a bitcoin would probably skyrocket but thats it. doesnt do a thing for a merchant in california who has no bitcoin customer base and nothing for the customers there either.

that being said good advertisement of course can be a game change by itself.
Anyone actually using bitcoin as a currency anywhere in the world should strengthen the economy shouldn't it?

Say we donate to the FSP.  The people in New Hampshire who got the donated coins are going to be using them as an actual currency.  They will hopefully spend them on way more things than the average bitcoiner (who I'm pretty sure just speculates) does.

Demand is demand, no matter where in the world it is.  Getting coins to people who have demand makes the economy stronger and so I'd say that donations actually can be beneficial to the economy.
sr. member
Activity: 372
Merit: 250
Good analysis, Roger. 
hero member
Activity: 991
Merit: 1011
most of those pages are for donations, which do nothing towards building an economy for bitcoin. the only thing you can actually buy is baklava. i think thats even better than alpaca socks  Wink
i dont really see a critical mass there.

So, what you're saying is that New Hampshire is secretly going to change its motto to New Hampshire: The Donate Your Bitcoins to Me State?


This just in:

Every single organization in the world now accepts Bitcoin donations, well over 100 million of them.

No effect?

But yeah, early to call it 'critical'.

what i wanted to say comes down to this:
you can live off donations but you can live off donating. even if every single organization accepting donations accepts them in bitcoin, even in bitcoin only, bitcoin is still not a viable currency. people only spend a little amount of their total money on donations and they have no incentive to convert any more money to bitcoin then they intend to donate. but if a wide variety of attractive products can be bought in bitcoin there is no upper limit to the amount of bitcoins you can hold with the intention of spending them. the shops are the chicken in the chicken/egg problem.

so in my opinion the easiest way to reach critical mass is to get a limited number of online shops with a very big potential customer base - i.e. selling stuff thats is usually sold online and shipping it to almost anywhere cheap - to accept bitcoin. for example computer hardware and electronics, games/movies/music, porn/downloads/gambling. as soon as you can create the feeling that you can hold bitcoins because you will spend them eventually its downhill from there.
donations, local restaurants etc. are imho mostly good for the marketing effect. even if new hampshire completely switched to bitcoin for everything but internet shops it wouldnt change a thing for the rest of the world. its very good advertisement and the price for a bitcoin would probably skyrocket but thats it. doesnt do a thing for a merchant in california who has no bitcoin customer base and nothing for the customers there either.

that being said good advertisement of course can be a game change by itself.
legendary
Activity: 1379
Merit: 1003
nec sine labore
Speaking of the Bitcoin <-> FSP relationship, the FSP is doing a donation drive today, and they accept Bitcoin! I encourage everyone to donate, and show them just how awesome Bitcoin is.

1rMuPu2e6gaYYraBzCGnPLkFWLQsrSjpH <- FSP address
http://freestateproject.org/donate <- official donation page
http://www.feedzebirds.com/c2uj7 <- promote the money bomb
http://www.facebook.com/events/266620543382029/ <- facebook event

Oh well,

I'm from the other side of this world, anyway just sent a little tip to show my appreciation for your efforts.

spiccioli.
legendary
Activity: 1330
Merit: 1000
Bitcoin
great to hear!  Grin
sr. member
Activity: 316
Merit: 250
Speaking of the Bitcoin <-> FSP relationship, the FSP is doing a donation drive today, and they accept Bitcoin! I encourage everyone to donate, and show them just how awesome Bitcoin is.

1rMuPu2e6gaYYraBzCGnPLkFWLQsrSjpH <- FSP address
http://freestateproject.org/donate <- official donation page
http://www.feedzebirds.com/c2uj7 <- promote the money bomb
http://www.facebook.com/events/266620543382029/ <- facebook event
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
I'm also a Free Stater living here in NH. I'll frame the OP differently - Bitcoin has no "critical mass" within NH as a state, but is very close to gaining critical mass within the FSP movement here. Relative to the global Bitcoin economy, even all FSP members using BTC would be a tiny effect on the market, but would certainly serve as a proof-of-concept, demonstrating the currency being used for in-person and local exchanges. I've already paid people here in Bitcoin for random things (I owed a guy money for hotel room, paid in BTC. Owed for dinner, paid in BTC. Etc).

hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
Roger Im in the "friends of the free state project" because I cant get there in person. Free Talk Live bbs is where I first heard about bitcoin.

I also first heard about Bitcoins on freetalklive.com

That's a good show.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
most of those pages are for donations, which do nothing towards building an economy for bitcoin. the only thing you can actually buy is baklava. i think thats even better than alpaca socks  Wink
i dont really see a critical mass there.

This just in:

Every single organization in the world now accepts Bitcoin donations, well over 100 million of them.

No effect?

But yeah, early to call it 'critical'.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
most of those pages are for donations, which do nothing towards building an economy for bitcoin. the only thing you can actually buy is baklava. i think thats even better than alpaca socks  Wink
i dont really see a critical mass there.

So, what you're saying is that New Hampshire is secretly going to change its motto to New Hampshire: The Donate Your Bitcoins to Me State?
legendary
Activity: 1834
Merit: 1020
Watching...
hero member
Activity: 991
Merit: 1011
most of those pages are for donations, which do nothing towards building an economy for bitcoin. the only thing you can actually buy is baklava. i think thats even better than alpaca socks  Wink
i dont really see a critical mass there.
legendary
Activity: 2030
Merit: 1000
My money; Our Bitcoin.
If you're planning on going to NH, Porcfest is the best time to go! Basically, 2000 libertarians go camping, and do what libertarians do. Smiley

um... something like this?



 Grin
hero member
Activity: 614
Merit: 500
I'm a free stater living in New Hampshire and I only accept Bitcoin as payment for my anarchist flags.

http://dailyanarchist.com/store
sr. member
Activity: 316
Merit: 250
I was just thinking the other day where to go on vacation this year. New Hampshire is one of the few states I've yet to visit, along with Vermont and Maine. I'm now penning it on my calendar to coincide with the fall foliage. Thanks, Roger!

~Bruno~


If you're planning on going to NH, Porcfest is the best time to go! Basically, 2000 libertarians go camping, and do what libertarians do. Smiley

Roger is absolutely right that there is a lot of synergy between the FSP and Bitcoin. I had so many people come up to me last weekend, I couldn't count. Sold enough Bitcoin to them to give the local economy a little boost. The coolest part about that is that they're already using alternative currencies (see http://shiresilver.com/) within NH. Bitcoin is an easy, logical step, and many free staters recognize that.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
To paraphrase Leonard Cohen: First we'll take New Hampshire, then we'll take Berlin. http://www.youtube.com/watch?v=dvmt2TeI_2w (excellent cover by Jennifer Warnes)

Quote
They sentenced me to twenty years of boredom
For trying to change the system from within
I'm coming now, I'm coming to reward them
First we take Manhattan, then we take Berlin

Ah you loved me as a loser, but now you're worried that I just might win
You know the way to stop me, but you don't have the discipline
How many nights I prayed for this, to let my work begin
First we take Manhattan, then we take Berlin

~Bruno~
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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