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Topic
Board Serious discussion
Merits 1 from 1 user
Idea Discussion - Bitcoin Public Relations BPR Fork - Funding BTC Advancement
by
eddie13
on 11/12/2018, 21:15:01 UTC
⭐ Merited by BenOnceAgain (1)
This is an idea for an altcoin whos purpose is to fund a positive and informative PR campaign for Bitcoin similar to the DASH budget paid by the mining revenue.

I would like it to be forked from BTC so all existing keys get some coin to either dump or donate to the foundation. This would also raise awareness.

Change the block reward code to something like 10 BPR to the miner that solves the block and 2.5 BPR for every block goes to the foundation to spend on the Bitcoin PR campaign, no more halving. Maybe more, maybe less, help me think this through.

Set the coin up for Merge Mining like Unobtanium-UNO to be mined alongside Bitcoin by Bitcoin miners.
Why would Bitcoin miners want to merge mine BPR? Because BPR is going to help Bitcoin = helping them.

I think that Bitconers, even altcoin haters, will like BPR and support it because of it's mission.
If anyone wanted to help support the foundation they could do so by donating BPR to the foundation that they mined, bought, or received in the fork, and by providing liquidity on BPR/BTC markets because it will only work if it's worth something to pay for the PR campaign.

What would it be spent on?
How about some youtube ads? The same way they are always trying to sell me a Mercedes we can run little positive awareness ads for Bitcoin.
Not "Buy Bitcoin" ads but maybe just some positive facts about Bitcoin, information.

Something like
"Bitcoin, bringing power to the people across the world, put the power of YOUR finance in YOUR hands! paid for by the BPR foundation"
"Bitcoin, the most secure network in history, trust in numbers"
With cool graphics n sheet.

Small clickable google ads, facebook ads, ads on forums across the internet, on blogs, wherever we can buy small ads where normies are at.
How cool would it be to see an add for Bitcoin during the news hour of your local TV station? Maybe even a superbowl add some day.
Doge had a Nascar, maybe we can get Bitcoin on a Formula 1 car, MotoGP, Xgames skateboarding and BMX, the Olympics!

BPR can pay for the ads, pay professionals to create the ads, pay for management of the foundation to commission the campaign.

The foundation would have to be transparent and remain true to the purpose of advancing BTC. Always do the right thing, the best we can, and show it.

BPR itself will get publicity because our ads will say "paid for by BPR" so we advertise for the foundation at the same time in an indirect way.


I think a lot of people are grateful for what positive PR Bitcoin gets now (like Antonopoulos) and with just a little trust to give the BPR foundation a chance in the beginning (donate, mine, liquidity) it could go far.
Everyone will see that the foundation is doing what it said it would do when they start seeing the ads.

What we would need at first is just brainstorming a good plan, a good coder to code the altcoin, someone to make a website for BPR to explain it's mission, some miners to run it, and some Bitcointalk threads if it actually happens.

We don't need any scammy ICO to raise money to get it off the ground.
I think enough people to start it and make it happen would just help because they believe in the mission of the project pro bono or IOU, if it succeeds we can FAIRLY make it worth our work to make it happen and fairly employ people to run the foundation.

I think if it needed an ICO and the promise of profit then it's not worth doing.
This isn't for profit, it is a humanitarian effort for Bitcoin and the good of all people of the world (If you believe in Bitcoin for the right reasons).  

It would benefit Bitcoin holders too, and miners, and businesses like Coinbase, and everyone directly or indirectly invested in Bitcoin and the Crypto community. So if they can trust that BPR is going to do what it says it's going to do, they might want to help too.


What do you think?
Why is this a terrible idea?