Quote from: Ibian on January 02, 2014, 02:48:33 AM

Quote from: jinni on January 02, 2014, 02:38:16 AM

Quote from: Carlton Banks on January 02, 2014, 02:14:32 AM

Quote from: jinni on January 02, 2014, 01:32:07 AM

Quote from: Ibian on January 02, 2014, 01:28:54 AM

There is this saying, maybe some of you know it. Goes something like this: Give a man a fish and you feed him for a day. Give a man a fishing rod, and he will trade it for a fish! This is because man is lazy and will always have his hand out as long as there are hand-outs.

It wont solve the worlds problems, but it will at make Bitcoin mainstream.

Who runs the fund? To who can we trust to distribute these hardship donations? I'm thinking along the lines of, no-one! Maybe these need to be super-localised, someone needs to step up in every locality that covers x thousand people. Kind of removes the temptation toward sticky fingered types.

The fund could be managed just by code. Or maybe the Bitcoin foundation could be custodian. Then you can make this hardware fingerprint-scanner that only works with live fingers, scan and get access to your wallet. The cost of the scanner would be higher than the value of the satoshis but one scanner can be used by many people. So one guy with a computer and a fingerprint scanner could make a business out of scanning peoples fingerprints and giving them access to their wallets for a fee. I think the market will solve the problem.

Hold up. Bitcoin is, among other things, about personal ownership. You are setting up a bank for satoshis that people have to pay a fee to access. Sounds like a great business model.

They pay the fee once and then they have access to their funds forever. Then they are their own banks. You just scn their fingerprint so they can have access to a blockchain.info account or a paper wallet with the funds - that is a fingerprint scanning service, not a bank.