Fair enough- indeed I do have a lot of them as I've been mining on the chain for some time, not with any significant hash power mind you, but the difficulty is low. My interests in monetizing them however is based on what I believe to be the solid premise that in order for testnet to serve as truly useful staging ground for greater experimentation in bitcoin it has to have some sort of value. The nonstandard transactions and bitcoin scripting that is enabled on testnet I would like to see added to main-net at some point in the future as I believe it will make Bitcoin and even more fantastic tool, opening all sorts of incredible ideas like smart-property.
At the London Conference last year I was incredibly influenced by this talk:
http://www.youtube.com/watch?v=mD4L7xDNCmAWhere Mike Hearn talks about some of the incredible things that can be done using scripting in Bitcoin. However while these things are *in* bitcoin already, they are not enabled because they are deemed too risky to experiment with- even more so now that Bitcoin is worth over a Billion Dollars.
I firmly believe that without effort to experiment with these sorts of non-standard transactions in advance, we are likely to never adopt them into main net bitcoin. As testnet bitcoins have no value, no one will bother trying to build anything cutting edge with them as there is no profit incentive to motive them. Like wise, the security vulnerabilities that likely exist in these non-standard transactions will also never be exploited as there is similarly no profit incentive. Without the chance to model a real economic environment with non-standard transactions enabled, we are likely never to really test non-standard transactions sufficiently enough to make a case for enabling them on main-net. At the value of bitcoin grows, people will become even more conservative about making changes to the code and it's likely many of Satoshi's idea will simply never be implemented- which I believe would be a true loss.
Bitcoin as 'digital gold' is only the start of the revolution that this technology offers. Testnet should be the staging ground where people can experiment with the more futuristic ideas that Satoshi envisioned. By declaring testnet off-limits for testing is counter productive and holds the evolution of Bitcoin back. By allowing individuals to monetize testnet-bitcoins we can jumpstart a competitive economy where the bleeding edge of bitcoin technology can be tested- trial by fire, without risking Bitcoin main-net. Then, the lessons learned can be applied to bitcoin itself.
I hope I'm making my case clearly, please let me know if I'm contradicting myself or if I am vague on any points.
EDIT: I'm not sure this belongs entirely in Alt-Coin section, although I do most of my discussion about it there. This IS bitcoin. It's the same client that everyone uses and it's Bitcoin through and through. I would argue that discussion about the benefits of Testnet-Bitcoin do belong here, some elements might be better served in the technical discussion area. Although I think testnet talk does indeed belong up here.
Don't try to convince me that scripts have a huge potential, I know it. What is not acceptable is making Testnet valuable. Developpers say that Testnet can be bogus.
If you want to have some op codes accepted in Bitcoin, you must convince people to test them thoroughly in Testnet. Then ask the devs to include them.
Looks like you're saying that experimentations will only be done in Testnet if they are valuable but that is wrong. Vulnerabilities in Testnet have been spotted in the past and proven there. Moreover, if Testnet had any value, this would require a hard fork each time.
Same thing for BIPs. How could we test them if Testnet is valuable?
I see what you mean, but making it the way you see it would induce a big loss. As a dev I need a network to test my things with worthless coins and I'm far from being the only one.
If you want an altcoin with scripts enabled, either make a fork, ask the devs to make one, or ask them to make 3 networks (Bitcoin, Betacoin and Testnet) in Bitcoin. I would gladly support either.