Category Archives: Bitcoin

Bitcoin as a token of appreciation

Yesterday, Russell Davies’ blog introduced me to the brilliant Sleaford Mods. Then, within 5 minutes Think Purpose gave me a better understanding of why ‘Why?’ can be such a prickly little question.

… asking why doesn’t necessarily get people to think why, ”why” is seen only as an invitation to justify, not to explore or analyse.

And on Twitter, Alexis Petridis introduced me to a Kickstarter for a film of Taureg guitarist in Agadez to feature in a remake of Prince’s Purple Rain, which I promptly backed.

For each of these individuals, I really want to show some appreciation. And often, when I tweet thanks or make a comment I feel like a sycophantic idiot. Great post!

I think it would be really nice if more people were to accept tips using Bitcoin, not as a way of making money but as a way of letting people show their appreciation. You can’t do it with money because of the transaction costs. But with Bitcoin it doesn’t cost anything to make the payment or to receive it.

Though, doing this might seem a bit like you think you’ve got something worth donating to, which could come off as a bit conceited.

At the moment, Bitcoin feels too much like money. Money has too much cultural baggage, people write songs about it and people can get murdered for it. But Bitcoin will no doubt start to create its own cultural baggage, good and bad. It’ll be interesting to see what this will look like.

It’s only a matter of time before Bitcoin starts to get name-checked by Macklemore.

So yeah, anyway 188tVYogeE1oN434pGtaqnMp6bnvA8zDnQ