Author

Topic: Real Business Startups (Read 1002 times)

newbie
Activity: 56
Merit: 0
June 19, 2011, 11:16:54 AM
#4
Agreed so it's up to people like us, who can see that without creating a real economy, the thing will die, at the moment, bitcoin prices are driven by people speculating, we need people who are going to set up real businesses that will tempt Bitcoiners and the public to use BTC's.
Agreed also on the Food additives, pesticides comment too.

http://harveyalexander.weebly.com/food-additives.html
full member
Activity: 210
Merit: 100
June 19, 2011, 10:25:59 AM
#3
In my view, the major problem isn't the lack of services (though that is one). The bigger problem is that most of the circulation is in the hands of a few early adopters who don't want to spend it and would rather hoard it.

That alone could kill off this currency.
newbie
Activity: 15
Merit: 0
June 19, 2011, 09:56:46 AM
#2
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newbie
Activity: 56
Merit: 0
June 19, 2011, 09:13:26 AM
#1
It seems to me there are lots of people trying to aquire Bitcoins, either by mining or simply buying them, there is another alternative, setting up multiple businesses selling things for Bitcoins that people actually want.
How do you identify what people want, well, everyone needs food, water, so let's start with that.
How about setting up local businesses that will deliver ( so now we need to hire Drivers ) food locally for Bitcoins, that also means that we now need local BTC traders, see how this thing can Grow, and if you provide a good service, you will generate Bitcoins, in fact your website could have one of the webpage miners on it.
If we want people to buy into this economy, we have to provide them with the things they want.

Bitcoin has the ability to trade at very low cost, it seems to me there should be an explosion of companies setting up using BTC because they can undercut regular Business in terms of transaction fees.


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