One of Bitcoin’s great social-revolutions-in-potentia is in the world of donations and tipping. Bitcoin is a new financial tool, one that’s not tied to your identity by default and that means it can be pseudonymous, just like your online identities. Suddenly, it’s possible to send a small amount of money to a guy on Reddit who wrote something you liked or the creator of a really cool YouTube video or that internet celebrity whose tweets brighten your day. You no longer need to know their real name, email address or any other piece of personal information to transfer value to them. The potential here is obvious, but we have a fundamental question to ask about our newfound internet powers: Should we favor size or volume? [Read more…]
Tip With Bitcoin
Each post has its own unique address, so your tips also tell me what you liked!