Satoshi Airdrops 1 Million BTC to the Poor

hv_

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Quote from: TheGreatPython on December 14, 2021, 07:06:31 AM

Quote from: hv_ on February 06, 2016, 04:21:13 AM

According to what one of the goals of bitcoin should be - decentralize also the wealth, do you think that's happening?

Maybe based on breaking some threashold by price, marked cap or account number ?

I'd do that :-)

So let us assume that Satoshi Nakamoto is still here in the forum, and talking with us, how exactly do you think he will be able to find out those who are poor among us? Seriously there are lots of people who would be disguising as poor just to receive the money from him. Unless he would maybe go out there into the world and start looking for the homeless people and giving them free Bitcoin, and that would be it.

But, if you are just going to say dropping millions of Bitcoin online, most of the poor people we have today are not even online. If you are able to buy Internet access, then I guess you’re at least living fine to an extent. But your idea is still a good idea, and it’s not bad if he should decide that he’s going to do it.

Satoshi is active only one a Slack, confirmed no airdrop. Watch out, I wonder if Centbee will play a role

TheGreatPython

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Quote from: hv_ on February 06, 2016, 04:21:13 AM

According to what one of the goals of bitcoin should be - decentralize also the wealth, do you think that's happening?

Maybe based on breaking some threashold by price, marked cap or account number ?

I'd do that :-)

So let us assume that Satoshi Nakamoto is still here in the forum, and talking with us, how exactly do you think he will be able to find out those who are poor among us? Seriously there are lots of people who would be disguising as poor just to receive the money from him. Unless he would maybe go out there into the world and start looking for the homeless people and giving them free Bitcoin, and that would be it.

But, if you are just going to say dropping millions of Bitcoin online, most of the poor people we have today are not even online. If you are able to buy Internet access, then I guess you’re at least living fine to an extent. But your idea is still a good idea, and it’s not bad if he should decide that he’s going to do it.

DooMAD

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Quote from: maria1110 on December 13, 2021, 03:17:25 AM

Bitcoin is supposed to be about fair redistribution of ~~wealth~~ freedom and fiscal autonomy.

FTFY.

There is nothing to support the notion that Bitcoin was ever intended to achieve equal distribution of wealth. Many would argue you can't even do that without resorting to tyranny and Bitcoin certainly isn't about that.

maria1110

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Fortune should be earned through hard work. Many people consider early holders of Bitcoin lucky, but they've also done a lot of research to make those decision.
Charity is one thing, but to give BTC directly away is another. Bitcoin is supposed to be about fair redistribution of wealth.

Nutrient

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The idea of Bitcoin has never been to be ‘free money’ or say, coupons. Would have been great if it was but then, it won’t be Bitcoin again. It just has to be earned. Through different ways.

Olayinka2225

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Analysis shows that Satoshi might be hodling a very considerably less amount of bitcoin which might be at around 200k, so where is the 1m coming from, is he going to buy them of the market, from which exchange and with what wallet?

Moreso, I don't think Satoshi is still very much around us, he's vanished into the thin air.

aoluain

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Quote from: Wapinter on February 06, 2016, 06:06:41 AM

The idea of giving away bitcoin to mass to make the rich is the most dumbest I have ever heard.You will only devaluate bitcoin making it useless

and its not a sustainable venture.
what poor people need in the long term is education and employment opportunities.

A financial hand out will only be temporary, those people will only have to spend (if they can)
what they hypothetically get for essentials (or not), eventually they would end up in the
same position as they started.

How would Satoshi deem somebody poor?
or how would somebody have to prove they were poor?

DooMAD

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Quote from: hv_ on December 10, 2021, 11:20:57 AM

Quote from: hv_ on February 06, 2016, 04:27:56 AM

Quote from: Redrose on February 06, 2016, 04:22:58 AM

Satoshi has unfortunatly disappeared from the circulation, so he won't be able to do so.

I see no reason why he might be back just for that particular reason (and also for fixing scalability) ....

Seems I was pretty on spot here

In your fevered delusions, maybe. None of the coins widely believed to be satoshi's will move. The only bitcoins that have any chance of movement are the ones faketoshi made recently by selling his crappy forkcoin to a bunch of gullible halfwits like you.

hv_

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Quote from: hv_ on February 06, 2016, 04:27:56 AM

Quote from: Redrose on February 06, 2016, 04:22:58 AM

Satoshi has unfortunatly disappeared from the circulation, so he won't be able to do so.

I see no reason why he might be back just for that particular reason (and also for fixing scalability) ....

Furhter he might have coded sth (some external wallet script) just to do automatically?

Seems I was pretty on spot here

Happy days

https://www.youtube.com/watch?v=xJmePpSxImk

vrm86

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Quote from: mtnsaa on February 08, 2016, 12:33:10 PM

Well it is an intriguing idea. I for one don't think handing out money to people is a good thing to do. People in need as in charities that could work, but just "poor" people? for doing nothing? You can at least hire them to do something for Bitcoin if that was the case, something very easy and almost symbolic but something.

Great idea - unemployment problems are caused mainly by insufficient private capital in the economy circulation. If some poor people would be asked to do some work for BTC they could gain also some experience. It also doesn't have to be 100% economically justified

mtnsaa

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Well it is an intriguing idea. I for one don't think handing out money to people is a good thing to do. People in need as in charities that could work, but just "poor" people? for doing nothing? You can at least hire them to do something for Bitcoin if that was the case, something very easy and almost symbolic but something.

LAMarcellus

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Quote from: hv_ on February 06, 2016, 04:21:13 AM

According to what one of the goals of bitcoin should be - decentralize also the wealth, do you think that's happening?

Maybe based on breaking some threashold by price, marked cap or account number ?

I'd do that :-)

Sometimes its best to remain quite and let others think you are an idiot, than to open your mouth and remove all doubt.

Gambling addicts go to casinos, not Bitcoin forums. Ad campaign fail.

Everyone with an add campaign tag is now ignored. I will be making a special post asking other readers to do the same. This way all your mental masturbation ad campaign garbage will be invisible and this public forum which you are abusing for private gain will actually be useful again. Right now its chock full of garbage can opinions from selfish ad campaigners with nothing good to say.

Really I think you could earn more washing dishes at a restaurant and actually, ya know, contribute to society.

JosNekoKopa

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Quote from: zergenyt09 on February 07, 2016, 10:59:41 AM

The satoshi bitcoins are out of the circulation now in a way, he/she is not active and the coins in these addresses are most likely out forever, also if they were given to people then the overall price will decrease "if you look at it like that"

I don't care for those coins if they are premine or not, one is certain someone have access to these addresses. Will he become a richest man on earth one day or he will airdrop his coins..Who can tell?

ricardobs

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This idea will fetch a good name to bitcoin ecosystem and community as it would hit media and gear up as an effective promotion. But finding poor or setting up criteria for deserved people are more challenging in the case of, Satoshi accepts this is a good idea.

BTCBinary

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that would be a great blow at this point. NOw that the topic of centralization is starting to haunt the community that would be the perfect decentralization act

The Sceptical Chymist

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Not for nothing, but when one of these scammers from Africa, say, gets some coin I always get a sense that some wealth has been redistributed for better or worse. That's one of the things I really, really like about bitcoin--it's global, and if I wanted to help someone out in a part of the world where 500K satoshi is a significant sum, I'm very rapidly able to do so. And those folks are able to earn money through sig campaigns and so forth. It's a good thing, no airdropping involved.

Daimon88

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i doubt anyone has access to these coins, I think these coins are already out of the circulation and only number in the network with no actual person having access to them still, this means every other bitcoin is more valuable though since less Bitcoins are in circulation.

PizzaBTC

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OK, let us imagine. Satoshi makes a come back and distribute his hoarding to poor or to people based on some criteria.
What will happen next.
People will convert it into fiat. So, dumping will be the result.

Satoshi will not prefer dumping to happen.

hv_

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Quote from: BellaBitBit on February 07, 2016, 12:20:26 PM

Quote from: Dekker3D on February 07, 2016, 07:59:04 AM

But the poor though doesn't have Internet, mobile phones and laptops to make some use out of bitcoin.

Statistics are showing that the poor are accessing the internet mostly on their phones now. They can purchase prepaid smartphones now for 50-100. I volunteer at a homeless shelter and the majority of people transitioning into housing with minimum wage jobs get all of their internet access through their phone.

If you google it you can see that those making under 30k a year are twice as likely to use their phone for banking, locating jobs, and other necessities.

Also, I noticed that the people at the homeless/transitional housing shelter are quite good with their phones and know what they are doing.

It will be possible for the poor to access and understand Bitcoin.

I am into Bitcoin #1 for the possibilities for banking the unbanked all over the world - this is due to my 20 years of working with the poor. I own my right to be idealistic

Finally some bright lights out there....

I live in middle-EU and we see now lots refugees coming in - many have mobiles. So next poor guy I see gets a wallet & some statoshis :-)

BellaBitBit

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Quote from: Dekker3D on February 07, 2016, 07:59:04 AM

But the poor though doesn't have Internet, mobile phones and laptops to make some use out of bitcoin.

Statistics are showing that the poor are accessing the internet mostly on their phones now. They can purchase prepaid smartphones now for 50-100. I volunteer at a homeless shelter and the majority of people transitioning into housing with minimum wage jobs get all of their internet access through their phone.

If you google it you can see that those making under 30k a year are twice as likely to use their phone for banking, locating jobs, and other necessities.

Also, I noticed that the people at the homeless/transitional housing shelter are quite good with their phones and know what they are doing.

It will be possible for the poor to access and understand Bitcoin.

I am into Bitcoin #1 for the possibilities for banking the unbanked all over the world - this is due to my 20 years of working with the poor. I own my right to be idealistic

Topic: Satoshi Airdrops 1 Million BTC to the Poor (Read 3584 times)