Hi Bit_Happy
Yeah, I am sorry for my English. We are from non-spoken English country.
Our plan actually quite simple. We will do the following step:
1. Bitcoin.co.id is currently raising fund , example using
https://cryptostocks.com/securities/1202. We will established our office in Bali - we will open offline bitcoin exchanger.
3. We will launch mobile apps for payment gateway so merchant can start accepting bitcoin in offline
4. We will cooperate with money changer to start accepting Bitcoin ( we have the apps as well)
5. We will cooperate with Australia, Singapore, Malaysia Travel Agent and Bitcoin Exchanger for education
6. Tourist can start coming to bali by only bringing bitcoin instead of their local currency
What do you guys think ?
before even trying to fundraise a sinle coin. atleast show proof of motives.
it does not cost anything to get shops to set up bitpay accounts. only conversations.
having a person on the island trading bitcoins for national currency does not cost any large amount of set up costs. its just advertising it on bali forums that the service is available and asking shops to spread the word.
make videos of shops accepting it and a guy exchanging it (the free stuff anyone can set up without costs) then you may get funding coming in faster.
before even renting an office, there are many things you can do for free.. so please do those things and document them. this will show that your goals do exist in reality and that you have the experience and enthusiasm to see it happen.
rather then just appearing as a pseudonym on a forum asking for money. i like to see projects succeed but nobody likes to be putting money into a project that cant even show current PHYSICAL progress.
also to note. if you need "funding" just to do the free stuff, then to many people, it appears that your previous life experience has not awarded you with enough wealth/knowledge to do simple tasks. this makes people think that the project will fail before it has started, because you are not good with money or have experience in conversations to tempt shops to signup.
i hope you prove people wrong and show current progress and actual physical results.. before asking for funds
Hi My name is William Sutanto, CTO of bitcoin.co.id,
I understand your concern, that is also my concern before do this fund-raising. The reason we need this fund asap is because we just get a very nice space in the heart of tourism spot in Bali, and it must be paid in this 1-2 weeks or we lose it. We will execute this plan either the fund-raising succeed or not. If we got the fund, we will start big, if not, we will use our limited fund to realize this idea.
About PHYSICAL progress, we are currently no. 1 bitcoin open exchange in Indonesia. Our service launched on 15 February 2014 (2 months ago) and now we already have 5000+ members registered. We are active member in bitcoin community (local & south east asia). Oscar was a speaker for World Bitcoin Conference in Kuala Lumpur (
http://www.events-actually.com.sg/wbc2014.php). We also got media coverages, a lot. You can google them
Our exchange is already profitable. If we want to make money, we can just focus in expanding our exchange business. There are already 3 serious angel investors interested in our exchange. But that is not enough, beside making profit we want bitcoin to be mainstream, we want bitcoin has real usage in daily life, not just a speculative instrument.
We are not trying to sell you with nothing, even without the Bitcoin Island idea the stock is a good deal backed up by our exchange business.
at day one i and other people that are experienced investors, do not care about you having an office. i care about seeing results. anyone can set up an office and do absolutely no work.
results i want to see which can be done for free
1. a video on youtube showing you talking to merchants in the bali island
2. a video of you desribing the project (to atleast see your face, and not a pseudonym)
3. a video of you atleast convincing one merchant to accept bitcoin
all of this can be done for free!
you will begin to see some result in next few weeks.