Finally, a fourth interesting use case is public payments. This idea first came to my attention in a news story a few months ago. A random spectator at a televised sports event held up a placard with a QR code and the text “Send me Bitcoin!” He received $25,000 US in Bitcoin in the first 24 hours, all from people he had never met. This was the first time in history that you could see someone holding up a sign, in person or on TV or in a photo, and send them money with two clicks on your smartphone: take the photo of the QR code on the sign, and click to send the money.

    Think about the implications for protest movements. Today protesters want to get on TV so people learn about their cause. Tomorrow they’ll want to get on TV because that’s how they’ll raise money, by literally holding up signs that let people anywhere in the world who sympathize with them send them money on the spot. Bitcoin is a financial technology dream come true for even the most hardened anti-capitalist political organizer.



mk:

Here's a fun idea:

It costs $N per month in BTC to subscribe to Hubski. Each month, Hubski keeps X% of subscriber fees, and (100-X)% is divided among the users that were badged that month.


posted 3746 days ago