Satoshi Nakamoto, here's an idea for you (if you are still out there):

Kambal2000

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Quote from: Shasha80 on November 04, 2019, 05:14:56 PM

I understand this is actually a good idea by giving free money in the form of bitcoin, with the intention of increasing adoption
bitcoin to the whole world. But if we think rationally it's not effective to do, first 10k satoshi for some people a very small amount
that must be obtained by giving KYC for money worth under 1 $ it people are not interested. The second most of the world
community does not understand bitcoin, which does need more education. The third 10k satoshi, if we get nothing, we can't
buy anything, even buying food is still lacking. The conclusion was a good idea but it was not effective to realize. And I'm very
sure Satoshi Nakamoto won't do that.

Although, this is a good idea, but I think this is not the right thing to do, we do have lots of time to earn Bitcoin, we have given time, freedom to choose, hands and feet to work, so we should have no reason at all not to have even small amount of Bitcoin, we should not rely on Satoshi giving his Bitcoins for free, we should not rely on bounties, on airdrops and giveaways, mining and trading is there for us to earn more, let's grow up and let's choose to earn in a decent way.

Shasha80

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I understand this is actually a good idea by giving free money in the form of bitcoin, with the intention of increasing adoption
bitcoin to the whole world. But if we think rationally it's not effective to do, first 10k satoshi for some people a very small amount
that must be obtained by giving KYC for money worth under 1 $ it people are not interested. The second most of the world
community does not understand bitcoin, which does need more education. The third 10k satoshi, if we get nothing, we can't
buy anything, even buying food is still lacking. The conclusion was a good idea but it was not effective to realize. And I'm very
sure Satoshi Nakamoto won't do that.

Expecto

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Why would Satoshi do something like that. Even our parents or we wouldn't do that. Cheesy

Satoshi can do much more helpful things for Bitcoin instead of giving 10,000 satoshi to everyone I think.

AverageGlabella

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Quote from: friends1980 on November 04, 2019, 02:11:03 PM

Quote from: avikz on October 29, 2019, 11:18:57 AM

Regulation and legalization are the only way for holistic adoption growth!

I will not claim that I have enough economic knowledge to have a solid idea about how to launch BTC globally. But I do know that BTC has been launched as a libertarian concept of decentralization, and so I am 100% sure that of all the possibilities that Satoshi had in mind, regulation and legalization were definitely the last.

Legalization is not something we can control and that is not something we can even plan for. If countries want to ban Bitcoin then they can hopefully by the time that happens the majority of people would have already been sick to death of the government and the ban actually does the opposite of what they want. If you look at how China banned Bitcoin and that did not affect people using it in china then I would be very confident about legalization and the future outlook of Bitcoin.

franky1

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Quote from: satohsi on October 30, 2019, 10:10:19 AM

Bitcoin 2.0 would be Bitcoin from scratch. The only thing we would reuse is the Bitcoin genesis block to respect Satoshi.

there is already a couple hundred altcoins that restarted at block 1 using the satoshi genesis..
but your proposal was not to start at block 1 again but start years after and change some code to make it possible to unlock the coins locked in the addresses from 2009-10 to be used as givaway.

seems your concept is changing so hasnt been thought out.. as i state a couple weeks ago

friends1980

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Quote from: avikz on October 29, 2019, 11:18:57 AM

Regulation and legalization are the only way for holistic adoption growth!

I will not claim that I have enough economic knowledge to have a solid idea about how to launch BTC globally. But I do know that BTC has been launched as a libertarian concept of decentralization, and so I am 100% sure that of all the possibilities that Satoshi had in mind, regulation and legalization were definitely the last.

clickerz

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Quote from: Casdinyard on November 04, 2019, 06:01:28 AM

Quote from: pooya87 on November 04, 2019, 12:13:01 AM

why would anybody want that at all? we want people to choose bitcoin after they see the financial sovereignty that they can gain if they were using bitcoin instead of anything else. what you are suggestion would only mean one thing and one thing only, people who receive "free money" and dump it right away. it won't even achieve what you hope for (that is adoption).

Let's face the reality, even everyone have 10k satoshis it doesn't necessarily mean that we can fully achieve adoption. Pretty sure some wouldn't care tho. And why we will pushing this too hard to people that don't want to use it and moreover it will be useless.

While for the kyc, people don't bother to submit in exchange of less than a dollar. *even you say 10k sats will be something, eventually.

Adoption take years and we don't even know when, tbh.

True, some would not care indeed. Most older generations would not interested anymore,better to target the young ones and millennial. KYC issues is another hindrance here for countries that has Data Privacy Law.Educating the masses is the main key for adoption here and by letting different sector to use bitcoin whether in groceries sores, salary,pension,insurance,ticketing is a good start.

carlisle1

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how much is 10k satoshi?what would human has to do with this dust?and why on earth Satoshi will do such?cryptocurrency must accumulate with their own risk and not just to be fed

and if i were the man?i would rather use all the Bitcoin on my wallet to Build schools and university worldwide and has a major subject about Blockchain and cryptocurrency so people would learn about what is this and the future will benefits and not just those wallet company by sending dusts on each

Casdinyard

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Quote from: pooya87 on November 04, 2019, 12:13:01 AM

why would anybody want that at all? we want people to choose bitcoin after they see the financial sovereignty that they can gain if they were using bitcoin instead of anything else. what you are suggestion would only mean one thing and one thing only, people who receive "free money" and dump it right away. it won't even achieve what you hope for (that is adoption).

Let's face the reality, even everyone have 10k satoshis it doesn't necessarily mean that we can fully achieve adoption. Pretty sure some wouldn't care tho. And why we will pushing this too hard to people that don't want to use it and moreover it will be useless.

While for the kyc, people don't bother to submit in exchange of less than a dollar. *even you say 10k sats will be something, eventually.

Adoption take years and we don't even know when, tbh.

joinfree

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1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL

Sorry @OP, i don't see how this idea of yours is going to be feasible. In the first place people need to know about bitcoin, how to use it and how to keep it safe. The industry is already struggling with that and trying to come up with so many mobile applications so that users can use bitcoin with ease and you are here calling for Satoshi (who is likely not to heed to this advice of yours) to send free money to everyone out there.

It will take us ages to get this idea of yours done and we are going to further lose more bitcoins in circulation. In your own way you can try educating people about bitcoin and its uses if you are really up for the adoption of bitcoin in the near future.

pooya87

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why would anybody want that at all? we want people to choose bitcoin after they see the financial sovereignty that they can gain if they were using bitcoin instead of anything else. what you are suggestion would only mean one thing and one thing only, people who receive "free money" and dump it right away. it won't even achieve what you hope for (that is adoption).

Baby Dragon

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Quote from: shield132 on October 31, 2019, 03:17:35 PM

Quote from: CRYPTORALF on October 29, 2019, 10:35:38 AM

You are the genius behind Bitcoin and Blockchain or, to be more precise, behind its technological birth.

You could also be the genius behind its worldwide adoption. How?

By giving 10,000 Satoshi to every living human being on earth. Implementing this might be challening, but less so for a genius like you (I thought of an encrypted database where people can register with personal details, a means of identification and a Bitcoin address, allowing the Satoshi to be sent to them automatically and once only; but this is only a first idea and others might have better ideas).

Either way... If every human registered and registered only once (of course, this is unrealistic), you would still own enough bitcoin to be (rightfully) a rich man / woman / group - and you would have secured your place in our history books not only for giving Bitcoin to humanity, but also for giving it to every single human being.

Ideas & critical responses are more than welcome! Moreover: Sorry if this idea has already been posted on the forum (a quick search didn't lead to any similar discussions).

At first please can you tell me how is that possible to give 10,000 satoshi to every living human being on earth? Don't you know how many people all over the world has access to computer and internet? I guess no, otherwise you would't say that.
Also despite the fact that satoshi created bitcoin, doesn't mean he is superhero that can do every thing. At first bitcoin isn't first cryptocurrency. Then satoshi created good and mysterious story around bitcoin which really played some part in making this coin popular and on the way where it is now.

Let's say that it was possible but it won't make a positive outcomes, why? first, there are a lot of people that still doesn't have any idea that a digital currency exist. Second, its possible that many people will take advantage on it and use it in illegal activities. I don't even think that Satoshi will also implement this kind of idea because you should think about the results. Also, we should not depend everything on him isn't giving us opportunities enough? You know that a lot of people nowadays are using different techniques to deceive others, why if they wasn't able to use their bitcoin because someone makes them believe and then scam them? it will be wasted for nothing. Of course we can't change the fact that there will be some people who will scam others particularly those people who doesn't have enough understanding when it comes to bitcoin. It will cause a huge negative impact on cryptocurrency because bitcoins reputation is in danger if it finally happens, we don't know how other people think but i'm sure that most of them will take it as an opportunity to get more benefits.

justdimin

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Quote from: CRYPTORALF on October 29, 2019, 10:35:38 AM

By giving 10,000 Satoshi to every living human being on earth. Implementing this might be challening, but less so for a genius like you (I thought of an encrypted database where people can register with personal details, a means of identification and a Bitcoin address, allowing the Satoshi to be sent to them automatically and once only; but this is only a first idea and others might have better ideas).

You don't know what you're saying, man. What makes you think that giving out Bitcoin to everyone will make them accept it? And moreover telling people to give their identity to receive Bitcoin defeats the purpose for which it was created. And assuming that he does that, they are all still going to sell their coins and that's the truth. He's done the best he can do and that's by creating and whether you want to be part of it or not is your choice. I don't see why he should be sharing Bitcoin to the whole world.

Quote from: darewaller on October 31, 2019, 02:46:28 PM

People need to understand the bitcoin system very well first before anything of such can happen, otherwise, those people would just change it to fiat and use it to buy one useless thing that will not add value to their future.

Yep that's true! Making use of Bitcoin is something they should decide for themselves.. If he should give it out for free like the op has said a lot of people are still going to use their coins to buy whatever they want that same day.

Edraket31

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Quote from: MicroGuy on October 31, 2019, 05:25:11 PM

Quote from: CRYPTORALF on October 29, 2019, 10:35:38 AM

By giving 10,000 Satoshi to every living human being on earth.

This would destroy the earth within weeks. The hashrate of the network would climb to unsustainable levels and the planet would lose its energy grid.

First the icebergs would melt, then the cities would flood... all the while people asking, "When Moon?"

That is scary, anyway, it is impossible for Bitcoin founder to do that, although the intention is good to make people have their crypto but it is still impossible as not all people knows Bitcoin wherein according to research only 1% of the total population knows and has Bitcoin address.

Yeah, funny but that's the reality, people will ask every minute when moon, when lambo.

MicroGuy

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Quote from: CRYPTORALF on October 29, 2019, 10:35:38 AM

By giving 10,000 Satoshi to every living human being on earth.

This would destroy the earth within weeks. The hashrate of the network would climb to unsustainable levels and the planet would lose its energy grid.

First the icebergs would melt, then the cities would flood... all the while people asking, "When Moon?"

shield132

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Quote from: CRYPTORALF on October 29, 2019, 10:35:38 AM

You are the genius behind Bitcoin and Blockchain or, to be more precise, behind its technological birth.

You could also be the genius behind its worldwide adoption. How?

By giving 10,000 Satoshi to every living human being on earth. Implementing this might be challening, but less so for a genius like you (I thought of an encrypted database where people can register with personal details, a means of identification and a Bitcoin address, allowing the Satoshi to be sent to them automatically and once only; but this is only a first idea and others might have better ideas).

Either way... If every human registered and registered only once (of course, this is unrealistic), you would still own enough bitcoin to be (rightfully) a rich man / woman / group - and you would have secured your place in our history books not only for giving Bitcoin to humanity, but also for giving it to every single human being.

Ideas & critical responses are more than welcome! Moreover: Sorry if this idea has already been posted on the forum (a quick search didn't lead to any similar discussions).

At first please can you tell me how is that possible to give 10,000 satoshi to every living human being on earth? Don't you know how many people all over the world has access to computer and internet? I guess no, otherwise you would't say that.
Also despite the fact that satoshi created bitcoin, doesn't mean he is superhero that can do every thing. At first bitcoin isn't first cryptocurrency. Then satoshi created good and mysterious story around bitcoin which really played some part in making this coin popular and on the way where it is now.

darewaller

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What is the point giving out such amount of satoshi out to some people that would still not understand it just like he did when he started, did many people not throw the coin away, which I am also sure that he created a system that will be at will of people to be used and not something that is being enforced or imposed on them.

It is better that people pick interest in it naturally and start growing in community which if many people are really serious, I don’t think that it really take much or a difficult thing to really acquire satoshi that is up to that. People need to understand the bitcoin system very well first before anything of such can happen, otherwise, those people would just change it to fiat and use it to buy one useless thing that will not add value to their future.

coin-investor

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Quote from: CRYPTORALF on October 29, 2019, 10:35:38 AM

You are the genius behind Bitcoin and Blockchain or, to be more precise, behind its technological birth.

You could also be the genius behind its worldwide adoption. How?

By giving 10,000 Satoshi to every living human being on earth. Implementing this might be challening, but less so for a genius like you (I thought of an encrypted database where people can register with personal details, a means of identification and a Bitcoin address, allowing the Satoshi to be sent to them automatically and once only; but this is only a first idea and others might have better ideas).

Either way... If every human registered and registered only once (of course, this is unrealistic), you would still own enough bitcoin to be (rightfully) a rich man / woman / group - and you would have secured your place in our history books not only for giving Bitcoin to humanity, but also for giving it to every single human being.

Ideas & critical responses are more than welcome! Moreover: Sorry if this idea has already been posted on the forum (a quick search didn't lead to any similar discussions).

Quote

encrypted database where people can register with personal details, a means of identification and a Bitcoin address

Who would manage this and this against what Nakamoto is teaching us, he is for decentralization and anonymity, not even a good idea to distribute to all people, he doesn't have to do that to secure his place, his name is already secured nothing to do more in his end, by revolutionizing the world by his creation he has done enough, let's not give him more obligations to do.

satohsi

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Quote from: franky1 on October 30, 2019, 09:16:12 AM

Quote from: satohsi on October 30, 2019, 09:02:02 AM

Maybe we need Bitcoin 2.0.

core devs dont even want to give us bitcoin 1.0
we are currently at 0.18.x meaning if 0.18 is 10 years they wanna play around and stiffle and limit bitcoin for over 50 years before bitcoin 1.0

the good(sarc) old core conservative politicians need to be sacked and get some programmers to be programmers.

Bitcoin 2.0 would be Bitcoin from scratch. The only thing we would reuse is the Bitcoin genesis block to respect Satoshi.

Quote from: butka on July 20, 2018, 12:59:20 PM

I couldn't help noticing that Satoshi announced that "he had moved on to other things" on two different occasions.

What do you think these other things could be? From the context, it sounds these things are unrelated to Bitcoin. Maybe he was working on other projects where programming skills were needed.
This can also be interpreted as Satoshi being more or less satisfied with the development of Bitcoin and confident in its intended future.

blckhawk

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Even though the purpose behind such thing is good, which is adoption/spreading awareness of the existence of cryptocurrencies, there are many points to critic to this idea. First of all, the implementation of such idea in a global scale. Not all people have access to the required technology, such as reliable internet and digital gadgets, to even get that 10k satoshis. Second, 10k sats won't even hit $1, which would discourage most of the public in even taking their part. You need to give identification, which is a critical step and could be used to ID every single one of us in a centralized system and would risk their identities stolen on a global scale. It's unsecure, and will most likely be doubted if the implementation fails.

Topic: Satoshi Nakamoto, here's an idea for you (if you are still out there): (Read 537 times)