was that all? ice cream?
http://www.stuff.co.nz/technology/digital-living/8191214/Kim-Dotcoms-delicious-PR
Topic: Kim Dotcom Mansion: Press conference 2013-01-19 GMT - page 12. (Read 20494 times)
I hope he doesn't accept bitcoin and proudly displays paypal's logo so when paypal close the door on his service he can point all his media hype at paypal's evils and present bitcoin as the solution to his hoards of already signed up subscribers.
Paypal is out of the question. They would shut him down right away as they are quite beholden to the power of the music industry. Just this week Mr Dotcom's PAID radio ads where canceled by the music industry. Think about that.... Advertising which is almost always a win to sell and pure profit above cost and they are being coerced that effectively not to accept that money.
Visa/MC is only possible (for a short period) because there are so many payment processors and many of them are not located in the USA. Visa/MC has a lot more rules and contracts so decisions to terminate a customer can not just suddenly be made. Lawsuits are much more possible for canceling Visa/MC where they are not with Paypal.
Well.. this is something I'd be happy to be wrong about.
I'm looking forward to seeing whether Mr Dotcom is visionary or just, as I suspect, reactionary.
If it's the later - I expect he'll still adopt it eventually... once other businesses have built up the Bitcoin ecosystem to the point where he can't ignore it.
I'm looking forward to seeing whether Mr Dotcom is visionary or just, as I suspect, reactionary.
If it's the later - I expect he'll still adopt it eventually... once other businesses have built up the Bitcoin ecosystem to the point where he can't ignore it.
Seems to me Kim just doesn't get it.
If he did comprehend Bitcoin - he'd have been too excited about the potential to not drop hints.
Maybe he is quite smart and still buying.
If Mr. Dotcom took an interest in Bitcoin I highly doubt that he'd be stupid enough to say anything about it.
Were I anyone with money and wished to take a decent BTC position, I'd outsource the effort to traders who knew what they were doing. The steady increase in BTC prices tells _me_ that money is flowing into the economy at a rate which is approaching non-trivial. The smartest way for people with some bucks to get in would be to combine forces behind a single trading specialist who could manage the accumulation over time. Several relatively big players could really damage one another and it would end up being a net negative for all of them.
One more thing...
The new Mega is going to start free and stay free for long enough to generate buzz and users. Even if they pick BTC, the users wont be scrambling for it for a while.
The new Mega is going to start free and stay free for long enough to generate buzz and users. Even if they pick BTC, the users wont be scrambling for it for a while.
Is that your personal assumption or can you base it on some source?
Quote
We have raised sufficient funds to cover the launch, but we would like to provide Mega free of charge for as long as possible. If you would like to be part of the success story, please get in touch.
http://mega.co.nz/#/investors 
One more thing...
The new Mega is going to start free and stay free for long enough to generate buzz and users. Even if they pick BTC, the users wont be scrambling for it for a while.
The new Mega is going to start free and stay free for long enough to generate buzz and users. Even if they pick BTC, the users wont be scrambling for it for a while.
Is that your personal assumption or can you base it on some source?
One more thing...
The new Mega is going to start free and stay free for long enough to generate buzz and users. Even if they pick BTC, the users wont be scrambling for it for a while.
The new Mega is going to start free and stay free for long enough to generate buzz and users. Even if they pick BTC, the users wont be scrambling for it for a while.
Hmmmm,
I am not far from dotcom Mansion, perhaps I should register and see what they think, I do a fair bit of coverage for bitcoin, if bitcoin is too be included in the new mega.co.nz I would be very interested to find out.
I am not far from dotcom Mansion, perhaps I should register and see what they think, I do a fair bit of coverage for bitcoin, if bitcoin is too be included in the new mega.co.nz I would be very interested to find out.
Pls try! You can be the star of the conference;D !!!
OK, since you have asked so nicely I have put in an application. I would have to take time off work but I think I should be able to swing it if I get a press pass. Should I set up a donation address for bribes? :p
Seems to me Kim just doesn't get it.
If he did comprehend Bitcoin - he'd have been too excited about the potential to not drop hints.
Maybe he is quite smart and still buying.
Kim-Koin is a much more likely scenario. If you know any tiny bit of this guy's history you will know what I am saying.
Because the costs of Bitcoin are so low, setting up Kim-Koin would cost him more with little benefit. There are already places to get Bitcoin all over the world. Is he going to set up a Kim-Koin acceptance network in the USA? Doubtful.
He could try to stay within the standard Visa/Mastercard network as I have said before. He does not need to find a US partner, he can use an overseas one. They may be told by Visa/Mastercard later to turn him off, but that would take time.
Actually the best choice for HIM would be to accept as many things as possible including Bitcoin.
Lots of good reasons Senor Kim should use BTC
It's very clear that he should use BTC, but I question this guys ability to use common sense or make intelligent decisions to any degree.
Some points why he would accept Bitcoin:
# Its cost efficient
# He hates VISA, Master Card and Paypal for freezing his assets for a looong time
# He detests the US government, as he cheerfully likes to perpetuate on his tweet
# He likes to think of himself as an internet liberties activist
# He retweeted Bitcoin# already
# Bitcoin suits his business and customers with anonymity written all over it
# "Hackers" offered him back his domain of choice: "http://me.ga" for a million dollar ransom payable in Bitcoin (coincidence? staged?)
# He was tried once for insider trading*, for buying large into a small company incognito, then launching news of his engagement and investment plans of it, only to sell his shares at the peak IIRC. Thus, he must have thought of doing the same thing with Bitcoin, this time legally.
*"In 2001, Schmitz purchased €375,000 worth of shares of the nearly bankrupt company LetsBuyIt.com and subsequently announced his intention to invest €50 million in the company.[31] The announcement caused the share value of LetsBuyIt.com to jump[32] and Schmitz cashed out, making a profit of €1.5 million. One commentator suggested that Schmitz may have been ignorant of the legal ramifications of what he had done since insider trading was not made a crime in Germany until 1995,[30] and until 2002 prosecutors also had to prove the accused had criminal intent.[33]"
# Its cost efficient
# He hates VISA, Master Card and Paypal for freezing his assets for a looong time
# He detests the US government, as he cheerfully likes to perpetuate on his tweet
# He likes to think of himself as an internet liberties activist
# He retweeted Bitcoin# already
# Bitcoin suits his business and customers with anonymity written all over it
# "Hackers" offered him back his domain of choice: "http://me.ga" for a million dollar ransom payable in Bitcoin (coincidence? staged?)
# He was tried once for insider trading*, for buying large into a small company incognito, then launching news of his engagement and investment plans of it, only to sell his shares at the peak IIRC. Thus, he must have thought of doing the same thing with Bitcoin, this time legally.
*"In 2001, Schmitz purchased €375,000 worth of shares of the nearly bankrupt company LetsBuyIt.com and subsequently announced his intention to invest €50 million in the company.[31] The announcement caused the share value of LetsBuyIt.com to jump[32] and Schmitz cashed out, making a profit of €1.5 million. One commentator suggested that Schmitz may have been ignorant of the legal ramifications of what he had done since insider trading was not made a crime in Germany until 1995,[30] and until 2002 prosecutors also had to prove the accused had criminal intent.[33]"
Hmmmm,
I am not far from dotcom Mansion, perhaps I should register and see what they think, I do a fair bit of coverage for bitcoin, if bitcoin is too be included in the new mega.co.nz I would be very interested to find out.
I am not far from dotcom Mansion, perhaps I should register and see what they think, I do a fair bit of coverage for bitcoin, if bitcoin is too be included in the new mega.co.nz I would be very interested to find out.
Pls try! You can be the star of the conference;D !!!
Kim-Koin is a much more likely scenario. If you know any tiny bit of this guy's history you will know what I am saying.
a more likely scenario is that accepting Bitcoin won't come to his attention until it becomes as common knowledge to accept like how Paypal is today.
Kim-Koin is a much more likely scenario. If you know any tiny bit of this guy's history you will know what I am saying.
Hmmmm,
I am not far from dotcom Mansion, perhaps I should register and see what they think, I do a fair bit of coverage for bitcoin, if bitcoin is too be included in the new mega.co.nz I would be very interested to find out.
can i request a executement job for BTC lol I am not far from dotcom Mansion, perhaps I should register and see what they think, I do a fair bit of coverage for bitcoin, if bitcoin is too be included in the new mega.co.nz I would be very interested to find out.
I'm expecting the new system to have absolutely nothing to do with Bitcoin.
Seems to me Kim just doesn't get it.
If he did comprehend Bitcoin - he'd have been too excited about the potential to not drop hints.
Also - in his recruitment of server operators, it would make sense to target people who already value Bitcoin if that were the intended payment mechanism.
I'm just skeptical that he could convince a bunch of high-capacity server operators to accept a 'new form of money'.
If so - he's a better evangelist than I give him credit for and a master of secrecy.
I strongly suspect that he's just decentralized (or 'indirected' anyway) the monetization aspect of the system using boring old-skool money... and so advertisers & users will be paying various server operators rather than paying Dotcom directly.
Seems to me Kim just doesn't get it.
If he did comprehend Bitcoin - he'd have been too excited about the potential to not drop hints.
Also - in his recruitment of server operators, it would make sense to target people who already value Bitcoin if that were the intended payment mechanism.
I'm just skeptical that he could convince a bunch of high-capacity server operators to accept a 'new form of money'.
If so - he's a better evangelist than I give him credit for and a master of secrecy.
I strongly suspect that he's just decentralized (or 'indirected' anyway) the monetization aspect of the system using boring old-skool money... and so advertisers & users will be paying various server operators rather than paying Dotcom directly.
I've planned this very moment from 2 months ago, I'm quite sure that the new Mega will support Bitcoin and that will launch Bitcoin into the hands of hundreds of millions of users a day.
It will be an epic moment.
If i'm right.
It will be an epic moment.
If i'm right.
There has been absolutely no indication that you are right.
Yes, apart from my previsions. I would do that if i was in him.
Time will tell, we are only days apart.
I see Bitcoin as the best choice but Mr. Dotcom has other options. He can continue to use standard credit cards as this is a new company and wait until he is shut down (this risk is lowered by his not having encryption keys to the customer data). He can set up his own payment network or currency. Both of those choices have more problems then simply using Bitcoin.
i saw pictures where he proudly presents his servers
so it's a centralized service after all, that can be taken down?
so it's a centralized service after all, that can be taken down?
Hmmmm,
I am not far from dotcom Mansion, perhaps I should register and see what they think, I do a fair bit of coverage for bitcoin, if bitcoin is too be included in the new mega.co.nz I would be very interested to find out.
I am not far from dotcom Mansion, perhaps I should register and see what they think, I do a fair bit of coverage for bitcoin, if bitcoin is too be included in the new mega.co.nz I would be very interested to find out.
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