Downtown Homeless Finally Strike Gold?

[MicroGuy]

In this video, I explain one potential implementation of GoldCoin in the real World. If I seem a little distracted it's because I was evolving the idea as I was recording. Come over to the forum now and share your ideas and I'll triple the signup bonus and pay you 300GLD!

[ipaint]

I can see something like this working in a city or large town. I'm in a small tourist town so it wouldn't work here. But we do have whats called the Warm Shelter for people that are homeless. It only has room for a few people not many at all.

Maybe we could come up with something to help places that help the homeless and have people send them Goldcoins? But we would need some way for them to use the coins. Maybe talk to a small shop/store owner near by and see if they'll take Goldcoins as payment for food or what ever is needed.

But the one thing I keep thinking of is getting Goldcoins into the hands of people.  To us it's no big deal, 1: Buy Bitcoins on a site, 2: Send the Bitcoins to Cryptsy, 3: Buy Goldcoins, 4: Send them to our wallet.

knowing people they will have second thoughts about going through all of that to make a donation. There needs to be away people can buy Goldcoins directly and I don't think anyone is willing to setup a site just for Goldcoins at this time. There are some great ideas by members, but the one stumbling block seems to be getting Goldcoins to the people we want to use them.

MicroGuy you had the site CoinGator. Couldn't you or someone else setup a site like that for Goldcoins?

[delpart]

Still working up my thoughts into something resembling the English language in response to topic at hand.  Now if I'd just recalled to move them to my flash drive before I walk out of the office ...


However, following Tads' links in regards to Reddit postings, I saw something that chimes into the ballpark with recognition./movement theme of your posting.

https://bitcoinstarter.com/projects/188

Yes, its on bitcoinstarter, but the idea is a solid representation of where these ideas need to land and look like (more or less.)

Extending from this idea having QR's code landing points on a donation page etc where the funds are converted downstream into GLD for tracking etc might be something to consider.  This is in theme with what I was working on ...  people have FIAT, lets help distribute it as GLD with cooperation from the respective outlets that would take it.

Hope that made sense.  Still getting in the door here.

[MicroGuy]

From a Youtube viewer:

Mocospace is a social network. They use moco-gold there for various things. They've been around a while. If you want to spread GLD and get people using it then get in contact with them and try convince them GLD is better than moco-gold. Could just be whats needed for that rally to $1.

[tadspoles]

I think this may be one of the best ways to get more exposure for any  p2p coin. 

If we could get entrenched in two or three of these gaming systems payment methods, we would help our cause tremendously.

[tadspoles]

The choke point for that would be purchasing the coins.  Perhaps we should look into setting up a purchasing only credit card api.  We buy the coins and they purchase from us similar to the old bitcoin ranger site. 

I know there are laws to consider.  It would be real nice if cryptsy started accepting USD.  Really though if our payment system is only meant to allow consumers to buy goldcoins, perhaps there is no legal consideration?

[delpart]

I'm still stuck on other forms of installment payments that don't seem to cause the same "legal" headache.  Anyone got a link comparing the differences between something like FB coins to crypto?

The valuation and method of using them varies a lot of those on FB.  The Linden dollar even has a straight purchase point in USD that doesn't seem to have a legal issue.

Its been a sticking point in conversation in the regard.

But agreed, the conversion process is what I'm writing up as a major sticking point.  Perhaps the simple nutshell statement of "its too darn confusing for most people to convert crypto to fiat" is the hurdle that has to be addressed.

In the case of outreach, you could provide a single "exchange" to ease that headache.  But if you want it to reach further faster, it has to escape the "niche" system.

Personally I want a simple, easy to use, all comers welcome crypto system.  Its always up to you on which you accept and a monitor easily displays such.  POS already always you multiple transaction processes from single device so this isn't re-inventing the wheel.  Main issue is the transport on the back-end being transparent.

Only idea I've come up with requires more monies than I have to start it.  And mimics far too much the method of Paypal and other traditional banking for most of the communities comfort.

The FUD factor on the major crypto currency forums has kept me from getting anywhere near to helping answer this for myself.  Not that I get caught up in FUD, it just derails all serious conversations as the people who bank on FUD keep rolling up their bitcoin stashes right now.


***  Again, if this is too random etc for the goal here, please let me know.  Topic drift is a bane of most forum discussion and easily engaged in.

[tadspoles]

I think the distinction is the "currency" is only used within one business.  If you compare this to crypto p2p, the true currencies can be used everywhere.

It's my opinion that those in charge simply don't want this.  They don't want a truly free and fair marketplace for money.  All of the negativity and roadblocks they are putting up is to maintain the current US dollar monopoly.

Perhaps I'm just a conspiracy theorist but it seems painfully obvious to me.

[MicroGuy]

The choke point for that would be purchasing the coins.  Perhaps we should look into setting up a purchasing only credit card api.  We buy the coins and they purchase from us similar to the old bitcoin ranger site. 

I know there are laws to consider.  It would be real nice if cryptsy started accepting USD.  Really though if our payment system is only meant to allow consumers to buy goldcoins, perhaps there is no legal consideration?

According to my understanding the compliance requirements for such a system would be cost prohibitive. However, once we move past the 20 cents/coin level I think there's a good chance we can get listed here: https://coinmkt.com/#/all_cryptocurrencies

Based on the recent increase of outside investment interest I'm seeing privately from outside parties, I think these price levels could be reached within a few short months. 

[tadspoles]

Sounds good.

I will truly love the day when cryptos and p2ps aren't slaves to the financial regulators who imo are just slaves to the central bankers.

It must be nice to legally maintain your monopoly on currency.

Perhaps this will never happen though since right now the requirement is to pay taxes in US dollars.  Maybe if the cryptos grow big enough, this will change.

Anyhow these are just my opinions. 

[MicroGuy]

Sounds good.

I will truly love the day when cryptos and p2ps aren't slaves to the financial regulators who imo are just slaves to the central bankers.

It must be nice to legally maintain your monopoly on currency.

Perhaps this will never happen though since right now the requirement is to pay taxes in US dollars.  Maybe if the cryptos grow big enough, this will change.

Anyhow these are just my opinions.

My thoughts are that some merchants could decide to maintain separate POS systems. One for traditional fiat payment methods and another for Goldcoin. There once was a time when this was common with credit card vs. cash transactions.

I made a post last night about an interesting and inexpensive system that could be easily implemented: https://www.gldtalk.org/index.php?topic=481.0  I just had another thought. If people could earn Goldcoins, they wouldn't need to buy them. For example let's say you had that small bar and it only accepted Goldcoin. They would also pay their employees exclusively with Goldcoins and the patrons would tip the waitresses solely in Goldcoins. Now we've got a small-scale ecosystem independent of USD on the payroll and retail transaction side.

There would still be a need to convert USD of course but methods could be established to lesson that requirement. Perhaps the end goal should be to one-day eliminate altogether this need for a USD > GLD conversion.