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RE: Virality, Bubbles, and the Fundamental Goal of SolarCoin

in #solarcoin7 years ago (edited)

SolarCoin needs as much coverage as possible, and viral marketing is one way to get it for sure. Investors in the project are great, but Im less convinced of the value of speculators/traders, aside for providing liquidity on exchanges, they deliver little value to the project.

So we need two strands of marketing, one for claimants, and one for the businesses that might invest. Investment in this context means more than buying some SLR, it means accepting SLR as a form of payment, and having other business partners consider doing the same.

We need to show businesses one primary thing; Using SLR will increase their profits

We can demonstrate this easily, lets assume SLR = $100. This makes the minimum TX fee to make a payment 0.0001SLR x 100 = $0.01, thats for any amount, anywhere in the world, in a maximum confirmation time (20 confirmations) of 30 minutes. Receiving funds is the same, except its totally free.
This is so much cheaper than any other form of payment and requires no bank instructions, bank costs, no merchant fees, no SWIFT/SEPA costs, and doesnt take 3-5 days to arrive.
Also becasue the block-chain is impossible to defraud in so many tradtitional ways, accounting costs are reduced, you look in the wallet, and have a fully audited amount, with every inflow and outflow confirmend by the entire SolarCoin global network.

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Stop blowing my mind man! :). Great points that we can follow up with additional posts. I get the idea that marketing is the least of the founders’ priorities right now, so getting businesses to adopt SLR as payment is likely up to volunteers. Thoughts on how we can push this? Or is it just keep doing what we’re doing?

Certainly keep doing what we're doing. Memes are built by creating social media objects - as many as possible. Keeping something 'alive' on social media is a fickle business - constantly need to be feeding stuff into the maw!