Post
Topic
Board Bitcoin Discussion
Topic OP
(BTC Reputation Upgrades) Can This Be Done With Bitcoin Without Using Alcoins?
by
Bit_Happy
on 18/05/2024, 17:48:04 UTC
(BTC Reputation Upgrades) Can This Be Done With Bitcoin Without Using Any Altcoins?

Hello, The following "flow of ideas" *can* be done with Smart Contracts and Altcoins. 
Please Note: I am not proposing or promoting a specific project in this discussion. The outline of details is just an example, seeking the answer: "Can This Currently Be Done With Bitcoin Without Using Any Altcoins?"

* Starting Point = Bitcoin and the community has earned a horrible mainstream reputation with an endless flow of scandals, alleged hacks, and other major thefts.
* Many early Bitcoin users were idealists who wanted to actually help "the masses" have sound money.
* What if (for example) people could safely pool money (BTC) in a way that massively helps improve our reputation?
* Do you think (at least some) some of the super-rich, old-time idealists (and many other people) would be interested?

Here is a quick example of something very positive which can be done with smart contracts and altcoins - and possibly (?) using only BTC:
Bitcoin For "The Masses" Super Bowl 2025 ads!
* Super Bowl ads are relatively expensive, and can be worth the money by creating a Huge Positive Buzz.
* The ad(s) can educate people about the original goals of BTC idealists and how great the future can be!
* The smart contracts used would specify funding targets, and other vital details.
* The first 100 (or 500 - for example) donations all earn the right to be (optionally) participating in a trustee group (DAO = cannot be done with BTC / possibly vote in the forum?)
* The Trustee group and/or exact details in the smart contracts, specify a clear path to securely releasing/converting the funds and buying the ads.

Questions:
The above optimistic, exciting outline can currently be done with smart contracts and altcoins. Can it be done using only BTC?
The BTC ecosystem/reputation obviously needs repairs, do you have an opinion on how/what to do ASAP?