Quote from: Matthew N. Wright on June 17, 2013, 06:46:36 AM

12 months ago I donated 10 BTC to you to make a new forum. You have since then collected over 6000 BTC and continue to collect on a regular basis, under the guise of "creating a new forum", yet you have yet to create a new forum.

Please present a status report of your progress in the past 12 months with creating the forum. Thanks.

In my opinion they should plan it out thoroughly and turn this forum into a sustainable business model. They can monetize this forum around micropayments and not have to worry about donations ever again if they take their time. There is no rush either because Bitcoins are only worth $100.

My opinion is Bitcointalk should integrate tipping functionality, it should integrate cryptocurrencies into the forum in such a way that clicking certain links initiates a microtransaction or costs a fee. Honestly they will have to take the code base of Bitcointalk and completely integrate cryptocurrencies into it so micropayments, trading, smart contracts and other functionalities can be built into the forum itself.

Then all they'll have to do is charge transaction fees, fees for access to certain threads, but also they can have lotteries for posting in certain threads, reward posters who have good karma with bonus coins, etc.

So much can be done here that I think they should take their time and work on it a good six months. I think 6000 coins is only 600,000, and in my opinion they should have 2 professional programmers working on it and hoard the rest. They already implemented a web of trust system which I think is cool, it's only a matter of time before micropayments but it cannot happen right now because Bitcoin itself isn't prepared for micropayments with the Max Block Size so it would have to be done where you can use any of the major coins to pay.