Clownspider,
I think what people are suggesting is that you set aside an initial sum of money for payouts in escrow so that
they know that you are serious and have the funds available to pay people for doing this work for you.
Nobody is suggesting that you escrow 40 cents at a time for each user.
Not trying to step on toes, just trying to clarify. Now I'm back to work wrapping up a website for a client.
Best,
Cynthia
Again with your ideas clearing things up! lol
Thank you Cynthia.
How exactly is it an escrow then if I have no intended recipient for a larger lump sum. No conditions to meet for it's release to any particular person? What you are describing is an insurance bond, not an escrow.
I think I will just ask people if they are ok with me publicly naming them as someone who I have paid, including you.
You have 1 verified post, may I use your name after I pay you? I might as well pay you now, manually and anyone else who has a verified post, and ask them. Just to build a list of people who are paid, with a blockchain reference link.
If I make a list of outgoing payments, that should help.
Any Bitcoin insurance bonding recommendations?
I'm fine with that. It isn't really an insurance bond. You're putting up the initial sum of money (bitcoin) as the pool from which you will
be paying people for the work they did. Even if you didn't use one of the escrow services here on the board (and there are many) just
having the funds set aside in a publicly viewable wallet would go a long way towards gaining the trust of these folks.
For example - I am managing a Twitter campaign for one of the Bitcoin dice sites. Rather than use escrow, they deposited 2 BTC into
a newly created wallet on blockchain.info. The balance of that wallet is publicly viewable by anyone. Each when when I send payments,
I send them from that wallet, from that initial funding pool.
Make sense?
Best,
Cynthia
