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Topic: Bitcoin Town (Read 178 times)

newbie
Activity: 4
Merit: 0
April 21, 2024, 10:06:47 AM
#10
Your vision for a Bitcoin Town is both expansive and innovative, merging technology with sustainable living practices in intriguing ways. The use of solar mining as a key feature not only highlights the potential for energy efficiency but also aligns with growing environmental concerns within the cryptocurrency community. This approach could set a standard for future developments in the industry.

The focus on diverse agriculture and food production within the town creates an excellent foundation for self-sufficiency and resilience. The concept of blending technology with traditional homesteading practices is especially compelling, suggesting a holistic approach to community development that leverages both modern and time-tested methods.

However, there are a few considerations that could enhance the feasibility of such a project:

Regulatory Hurdles: The idea of starting a new county and dealing with the complexities of local, state, and federal regulations will be a significant challenge. Detailed plans and partnerships with legal experts will be crucial.
Community Integration: While the project aims to start with a dedicated group, the long-term success will heavily depend on how well it integrates with broader communities and adapts to their needs and inputs.
Economic Viability: The economic model needs to be clearly defined to attract investors and residents. How will the town generate revenue besides mining and agriculture? What incentives will attract people to move and stay there?
The idea of incorporating O-Visas to attract global talent is innovative and could help in creating a diverse and dynamic community. However, the implementation of such immigration policies needs careful planning and collaboration with immigration authorities.

Your concept of a Bitcoin Town offers a visionary step towards integrating cryptocurrency with sustainable living. It’s a bold plan that requires meticulous planning and broad cooperation to overcome potential challenges. The ambition behind this project could inspire significant advancements in how we think about community, technology, and sustainability.
jr. member
Activity: 238
Merit: 1
April 14, 2024, 07:19:32 AM
#9
This feels like a wishful thinking,like a fantasy
It seems like idolising Bitcoin to me.
What bigger role would the town play?
Would the town be decentralized or a central unit would exist?
Rather than thinking about building a town
Try to find a way of increasing Bitcoin scalabilty.
I see no importance to a town in the grand scheme of things.

The Town would be about Equivalent to a Mining Farm, but it would be like a Dude Ranch where You can come Work for Your Cut (a House, a Place to Live, Food, maybe an Income depending if You have Everything else Covered already), as the Mining Farm wouldn't just be in 1 Central Location, but is an Entire Town. The Town could eventually become the Highest Hashrate in the World. This would be a Future Model for Mining Pools Based on Locale, and Basically what could be called like a "Mining Club" or something like that which might Follow.

You say this is Centralized, but You weren't here at the Beginning maybe. Bitcoin is Centralized around MIT, the Michigan Institute of Technology, there is a Centralization between them and the Bitcoin Foundation, Martti Malmi, etc, they are the Bitcoin Center, the Hub, the HQ, that is why this Website still has any Merit. If this Website were not the Centralization of Bitcoin, backed by the Bitcoin Center, it would have no Merit in Existing. This Forum, Bitcointalk, is the example or Evidence of how Bitcoin is Centralized.

So I am just saying that some People would Start a Town, and be able to Compete with that Centralization, and they would likely Create more Currencies. They would want Everything, like a "School Coin" that their Kids Earn for Attendance (Proof of School), and a "Proof of Solar" that Pays them for Solar Mining Bitcoins, and Pays People that aren't in their Town also. There could be a Pizza Coin that gets You 50% off Pizza in Town, there could be Candy Coin that goes with a Candy Shop in Town and gets You 50% off, and both of those could expand outside of the Town to Other Shops and People who want to Mine and Things. This is getting into Altcoins now, so.

The Main Point being:

1. This Organization, the "Town", would be the First of its kind and a Hub, Yes, Centralized. And this is how we make Bitcoin raise in Value. We need a Texas Coin, a New York Coin, a California Coin, a Florida Coin, then even a Dallas Coin, a Houston Coin, a New York City Coin, a Buffalo Coin, a Los Angeles Coin, a San Francisco Coin, a Miami Coin, and a Key West Coin. So that way You can also see how this is not Centralized, as Centralized as it is. When we make a Texas Coin it may seem Central to Texas, but anyone can mine it and come use it in the Shops in Texas that Accept it. Then, when we make Dallas Coin and Houston Coin, it can Trade against Texas Coin. Anyone in Dallas or Houston Holding Texas Coins, can become Dallas and Houston Coin Whales, even if they Live Somewhere else in Texas. But then the Coins can be used in the Shops that Accept it in Dallas and Houston.

2. They would use a lot of Altcoins and make some of their Own that would be like Bitcoin to them, "Their Own Version of Bitcoin, for Them". Which may seem Centralized, but You should be able to see how each State having "Their Own Bitcoin, for Them" is a Decentralizing Aspect, because it makes Everyone able to Trade their Coins, for Bitcoin. Instead of all Fighting for Bitcoins. And this would actually Raise the Price of Bitcoin because there would be more Money Flowing.


The best way to get into this, because Bitcoin is so Simple, is to get into Ethereum. Ethereum can only do so many Transactions per Second, so it could get Overloaded by Smart Contracts, called dApps, or Decentralized Apps, on the Ethereum Virtual Machine (EVM) which is like the Cloud on Ethereum that Hosts the Apps. This is all done with the same kind of Technology as Bitcoin and is not a Cloud, but all the Miners, and it Works like a Cloud instead of just a Wallet. But it can get Clogged up because Ethereum has a Limited amount of Transactions it can do Every Second. So You might want to Create Your Own Chain just to have Everything Run Smoothly. Ethereum even made it Easy to make a Testnet as it is Called, so You CAN have Your Own Chain to Test Your dApp on, instead of Spending ANY MONEY during Testing. You can just have Your Own Ethereum Testnet, and do whatever You want during Testing. And usually the Ethereum Clones that have Traction, are the ones that Start as Testnets.

Then there is the Aspect of Ethereum whereby it Costs too much in Gas Fees, so not only is it Crowded, but it is also Expensive. If You made a dApp in 2015 You were very Lucky, Ethereum was under $10, maybe under $5, now it is $3,000 each. So You could make a Texas Coin, a New York Coin, a California Coin, a Florida Coin, and they could all be like Testnets for People in those Areas to Create dApps. Then the Coins get Listed on the Market, and it becomes a Real Blockchain that Everyone is able to Mine, Sell from, and Buy into. And there is a Cloud System for them to Post dApps, and Play Games on those dApps, or use those dApps for Business, etc. All for Cheaper than it would Cost in ETH Gas.

So in no way is this "Bitcoin Idolatry". I do Suggest we have a Museum in the Bitcoin Town though.
legendary
Activity: 2212
Merit: 7064
April 12, 2024, 12:20:21 PM
#8
I was involved in the Original Bitcoin Town Attempt, which can be seen in this Thread. It was largely taken over by Trolls who attacked the idea as "Centralized" and FinShaggy was Banned from the Forums.
I don't see member FinShaggy to be banned in bitcointalk forum, he is simply inactive since July 2017.
Concept of Bitcoin town sounds cool and I think even theymos had positive comments back in the days, but making this a reality is not going to be easy.
At this point it all looks like one big fantasy story.

Altcoins would end up being Very Important to any Bitcoin Town. The Town would want to have a Currency in Every Market, and Bitcoins. They would want to get into Creating their Own Currencies.
 
Totally not needed, and it makes no sense to have altcoins in BITCOIN CITY  Roll Eyes
You can always try to make Shitcoin City if you want.
sr. member
Activity: 434
Merit: 250
April 12, 2024, 11:23:52 AM
#7
I think you forgot to add "in minecraft" to the end there...
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
April 12, 2024, 08:44:14 AM
#6
Bitcoin Seasteading, which is a type of construction on the sea that costs on average about half a million dollars per person, or about 7-10 bitcoins at the current price, where there is the minimum possible regulatory compliance, no taxes, more innovation, which is something For everyone who wants to build Bitcoin Town looking for it instead of buying a land.

More information here https://www.seasteading.org


Sounds like a place where theymos and some of these OGs could retire when they're tired of HODLing. Grin
hero member
Activity: 406
Merit: 443
April 12, 2024, 07:41:49 AM
#5
What are you talking about? People have already attempted this and it did not work out ask you can read in the OP:
Bitcoin Seasteading, which is a type of construction on the sea that costs on average about half a million dollars per person, or about 7-10 bitcoins at the current price, where there is the minimum possible regulatory compliance, no taxes, more innovation, which is something For everyone who wants to build Bitcoin Town looking for it instead of buying a land.

More information here https://www.seasteading.org

legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
April 12, 2024, 07:06:54 AM
#4
If you are planning to build a Bitcoin city, it will most likely be on the ocean or one of the remote islands where there are no international laws and the place is a tax haven. You can build the city again in accordance with your policy.

What are you talking about? People have already attempted this and it did not work out as you can read in the OP:

*edited for spelling

I was involved in the Original Bitcoin Town Attempt, which can be seen in this Thread. It was largely taken over by Trolls who attacked the idea as "Centralized" and FinShaggy was Banned from the Forums. So the Bitcoin Town Project was Killed by Trolls. I am not sure if the BlueSeed Project even did anything but they were going to Launch Ocean Housing. This is the Bitcoin Town Thread:
https://bitcointalksearch.org/topic/bitcoin-town-lets-make-the-future-come-to-us-216139
hero member
Activity: 406
Merit: 443
April 12, 2024, 06:36:35 AM
#3
If you are planning to build a Bitcoin city, it will most likely be on the ocean or one of the remote islands where there are no international laws and the place is a tax haven. You can build the city again in accordance with your policy.

2. Mining would be Solar-

We cannot ignore the fact that most altcoins have become POS and most POW are BITCOIN FORKs, which are often worse than Bitcoin.
sr. member
Activity: 420
Merit: 315
Top Crypto Casino
April 12, 2024, 04:05:42 AM
#2
This feels like a wishful thinking,like a fantasy
It seems like idolising Bitcoin to me.
What bigger role would the town play?
Would the town be decentralized or a central unit would exist?
Rather than thinking about building a town
Try to find a way of increasing Bitcoin scalabilty.
I see no importance to a town in the grand scheme of things.
jr. member
Activity: 238
Merit: 1
April 12, 2024, 12:59:05 AM
#1
I was involved in the Original Bitcoin Town Attempt, which can be seen in this Thread. It was largely taken over by Trolls who attacked the idea as "Centralized" and FinShaggy was Banned from the Forums. So the Bitcoin Town Project was Killed by Trolls. I am not sure if the BlueSeed Project even did anything but they were going to Launch Ocean Housing. This is the Bitcoin Town Thread:
https://bitcointalksearch.org/topic/bitcoin-town-lets-make-the-future-come-to-us-216139

This Blog Post gets into Details about what Happened, so I don't have to reiterate it all in this Thread, You can just Read it here:
https://steemit.com/hive-142886/@punicwax/crypto-anti-trust-intro-the-bitcoin-town-series-of-events

There was a Blog Written about it in India also:
https://blog.ipleaders.in/first-case-blockchain-antitrust-gallagher-v-bitcointalk-org/

I just wanted to get into some Things about the Concept of a Bitcoin Town, because if this were going to Happen it would be Different now.

First:
1. There would be Altcoins-

Altcoins would end up being Very Important to any Bitcoin Town. The Town would want to have a Currency in Every Market, and Bitcoins. They would want to get into Creating their Own Currencies.

2. Mining would be Solar-

Solar Mining has always been important to this, it is one of the MOST IMPORTANT PARTS of a Bitcoin Town, that is why the Original was looking at New Mexico, and we are Currently doing Things in Dallas, TX, but have not Started Solar Mining yet. But for any Town to be a Cryptocurrency Town, it would have to Implement Solar Power, for the Purpose of Mining. Free Mining, that is the Result. No Electricity Costs. So this means Any Cryptocurrency Town needs to Focus on Solar Power, and the Concept of Alternators, Alternators use Small amounts of Energy to Generate more Energy, and this is how the Electric Grid already Functions is with Giant Alternators. That's what the Grid is. And Texas has ERCOT or, "The Energy Reliability Council of Texas" and that includes Texas and New Mexico, so that might be the Grid You would want to work with if the Town becomes a Power Plant (Selling Electricity).

3. There would be Immigration-

There would be O-Visas Received for Cryptocurrency Talent, and People would be Immigrated into the Towns. This could also involve Other Industries, and an R-Visa involves Ministers who are Part of a Religious Organization for 2 Years or more. This way the Altcoins and Smart Contracts and Everything would have kind of a Growing Industry in the Town. The Town would become a Cryptocurrency Hub.

4. There would be Food made-

Making Food, and kind of the Whole "Homesteading" Culture, would be important. We could go so far as to say Cottage-Core like some of Taylor Swift's Videos would be the Examples of Cottage-Core. But Homesteading, making Houses of Adobe and Cobb even, and having Shipping Containers come in, maybe Full of Materials, and then itself Sold as Part of a House, Possibly a Mining Room or whatever with kind of a Small Mining Farm, and Solar Panels all over it. Earthships, that is the Housing made from Tires and Cement, which uses the Sun for Heat with a Big Glass side on the Sunrise side. And then Food, You would want to have Gardens at the Very Least, if not Things like Hemp Investors with 100 Acres being Part of it and a bunch of these People Working for the Farm. It could be Corn, or anything, there could be Chilipeppers Bred and Grown, and I would say that Breeding would be an Important Part of a Cryptocurrecy Town. You don't just want to Stick with the Best Known, but that is a Good Start, we would want to do Things like Invent the Next Carolina Reaper, or Ghost Pepper, we would want to invent the Next One. Or Hemp Strains to Grow, etc. This all then to be used in Production of Foods and Medicines and Things.

5. There would need to be a Big River, or a Highway, or a RailRoad, etc.-

There needs to be some Center of Trade for Everyone, a Place where Everyone can see the Town as they Pass, or where Things can be Bought and Sold in Large Quantities on Boats and Trucks. An Airport would be something to Work on.

6. Well Digging Equipment-

You want to have a Well Digger, maybe like a Steam Roller and these kinds of Things.

7. You would Start with a Dedicated Group-

You would not Advertise this as more like a Commune to Start, and the People that are involved Early will be the Community, and from there Everyone else would be brought in. These First People would Decide what the Attractions would be for the People that come to the Town, and we got into some of the Politics in the Beginning. What it would be is First there would be a Temple, or a Lodge, a Benefits Society, where we use a White Board, and we are like the Neighborhood Watch having Meetings, but we are the Only People in the Neighborhood. Then the Temple or Lodge, or Church or Mosque, whatever is at the Center of whichever Town, that would be what Everyone is a Member of, You wouldn't have anyone there at First that is not a Member of the Temple, Lodge, Church or Mosque. Then once it was Established, People would be kind of Building Extra Houses on Land they Bought and Selling it to New People.

With 6 Acres I think it is, You can Hold an Election and if all of the Old Residents of the County Agree 51%, then You can Leave their County and Start a New County. This would involve then Talking to Congress and Everything, the Small Business Administration Ombudsman, and Loans Offices, You would want to be Talking to all the Federal Agencies in some way. And then Start a whole New County.

There is more to the Whole Thing than this, but this and the Links are Enough to Start this Discussion. And also the Homesteading goes with SeaSteading, or the Ocean Housing, so this Discussion also gets into Islands, and Cruise Ships, 3D Printing, etc.
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