Public relations - Revision history

Cfdbit at 12:46, 14 September 2014

2014-09-14T12:46:41Z

← Older revision		Revision as of 12:46, 14 September 2014
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	* Bitcoin is a predictable currency, stressing the open nature of the algorithms and number there will be		* Bitcoin is a predictable currency, stressing the open nature of the algorithms and number there will be
	* Bitcoin is open source, demonstrating the community feeling of the currency		* Bitcoin is open source, demonstrating the community feeling of the currency
	* Bitcoin is getting stronger every day. ~~Try and mention~~ news stories and the current bitcoin conversion rates.		* Bitcoin is getting stronger every day. Mention news stories and the current bitcoin conversion rates.

	'''Don't say'''		'''Don't say'''

Cfdbit: took out reference of MtGox (out of date) to refer to the more general "bitcoin conversion rates"

2014-09-12T19:02:03Z

took out reference of MtGox (out of date) to refer to the more general "bitcoin conversion rates"

← Older revision		Revision as of 19:02, 12 September 2014
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	* Bitcoin is a predictable currency, stressing the open nature of the algorithms and number there will be		* Bitcoin is a predictable currency, stressing the open nature of the algorithms and number there will be
	* Bitcoin is open source, demonstrating the community feeling of the currency		* Bitcoin is open source, demonstrating the community feeling of the currency
	* Bitcoin is getting stronger every day. Try and mention news stories and the current ~~[[MtGox]]~~ rates.		* Bitcoin is getting stronger every day. Try and mention news stories and the current bitcoin conversion rates.

	'''Don't say'''		'''Don't say'''

Gmaxwell: Reverted edits by Superb (talk) to last revision by Atheros

2014-08-02T04:27:03Z

Reverted edits by Superb (talk) to last revision by Atheros

← Older revision		Revision as of 04:27, 2 August 2014
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	* Bitcoin transactions are free. They usually are today, but there are a few cases where a small fee is required. And in future fees will play a larger role. It's hard to predict what level fees will end up at, as they are paying for something entirely different to existing systems. There are good reasons to believe Bitcoin transactions will always be cheaper than most financial transactions are today, but the arguments on this topic are complex.		* Bitcoin transactions are free. They usually are today, but there are a few cases where a small fee is required. And in future fees will play a larger role. It's hard to predict what level fees will end up at, as they are paying for something entirely different to existing systems. There are good reasons to believe Bitcoin transactions will always be cheaper than most financial transactions are today, but the arguments on this topic are complex.
	* Bitcoin can't be taxed. Tax collectors were around before electronic payments and they'll be around after Bitcoin.		* Bitcoin can't be taxed. Tax collectors were around before electronic payments and they'll be around after Bitcoin.
	* Bitcoin is anonymous. [[~~Anonymity & Security\|~~Anonymity]] and Bitcoin is a complex topic, and anonymity means something slightly different to privacy.		* Bitcoin is anonymous. [[Anonymity]] and Bitcoin is a complex topic, and anonymity means something slightly different to privacy.

	==Politics and the law==		==Politics and the law==
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	==See Also==		==See Also==

	* [[Anonymity & Security]]
	* [[:Category:Marketing\|Marketing]]		* [[:Category:Marketing\|Marketing]]

	[[Category:Marketing\|Marketing]]		[[Category:Marketing\|Marketing]]

Superb at 13:26, 1 August 2014

2014-08-01T13:26:33Z

← Older revision		Revision as of 13:26, 1 August 2014
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	* Bitcoin transactions are free. They usually are today, but there are a few cases where a small fee is required. And in future fees will play a larger role. It's hard to predict what level fees will end up at, as they are paying for something entirely different to existing systems. There are good reasons to believe Bitcoin transactions will always be cheaper than most financial transactions are today, but the arguments on this topic are complex.		* Bitcoin transactions are free. They usually are today, but there are a few cases where a small fee is required. And in future fees will play a larger role. It's hard to predict what level fees will end up at, as they are paying for something entirely different to existing systems. There are good reasons to believe Bitcoin transactions will always be cheaper than most financial transactions are today, but the arguments on this topic are complex.
	* Bitcoin can't be taxed. Tax collectors were around before electronic payments and they'll be around after Bitcoin.		* Bitcoin can't be taxed. Tax collectors were around before electronic payments and they'll be around after Bitcoin.
	* Bitcoin is anonymous. [[Anonymity]] and Bitcoin is a complex topic, and anonymity means something slightly different to privacy.		* Bitcoin is anonymous. [[Anonymity & Security\|Anonymity]] and Bitcoin is a complex topic, and anonymity means something slightly different to privacy.

	==Politics and the law==		==Politics and the law==
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	==See Also==		==See Also==

			* [[Anonymity & Security]]
	* [[:Category:Marketing\|Marketing]]		* [[:Category:Marketing\|Marketing]]

	[[Category:Marketing\|Marketing]]		[[Category:Marketing\|Marketing]]

Atheros: Removed bad page.

2013-03-08T19:52:26Z

Removed bad page.

← Older revision		Revision as of 19:52, 8 March 2013
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	==Terminology==		==Terminology==

	Bitcoin is ~~technically~~ a ''crypto-currency'', that is, a ~~[[how bitcoin works \|~~ currency based on cryptography.]] However the crypto- prefix has another meaning, "something whose nature is obfuscated", as in cryptic messages. In that sense the term may not intuitively reflect the open source and community-based nature of the project. Also, cryptography is correctly perceived by many as a difficult and highly academic form of mathematics, which makes the term crypto-currency sound intimidating.		Bitcoin is a ''crypto-currency'', that is, a currency based on cryptography. However the crypto- prefix has another meaning, "something whose nature is obfuscated", as in cryptic messages. In that sense the term may not intuitively reflect the open source and community-based nature of the project. Also, cryptography is correctly perceived by many as a difficult and highly academic form of mathematics, which makes the term crypto-currency sound intimidating.

	There are various alternatives, but many don't translate well into other languages or have other undesirable connotations.		There are various alternatives, but many don't translate well into other languages or have other undesirable connotations.

Sgornick: /* Expectations */ Change range of possibility of loss from total loss to severe loss.

2012-04-21T05:19:31Z

Expectations: Change range of possibility of loss from total loss to severe loss.

← Older revision		Revision as of 05:19, 21 April 2012
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	* There are many people trading real goods and services with Bitcoins.		* There are many people trading real goods and services with Bitcoins.
	* Whilst the fundamental idea of Bitcoin is sound, pricing it is hard because nobody really knows the future potential. As a result the value swings wildly back and forth.		* Whilst the fundamental idea of Bitcoin is sound, pricing it is hard because nobody really knows the future potential. As a result the value swings wildly back and forth.
	* Although speculation of Bitcoins' value is possible and many are doing it, hoarding coins is an extremely risky investment strategy. Like many risky investments, it has potentially high returns but ~~you~~ could ~~also lose everything~~.		* Although speculation of Bitcoins' value is possible and many are doing it, hoarding coins is an extremely risky investment strategy. Like many risky investments, it has potentially high returns but losses could be severe.
	* Whilst Bitcoin might fail, the concept of internet currencies is here to stay.		* Whilst Bitcoin might fail, the concept of internet currencies is here to stay.

Sgornick: /* Politics and the law */ Appears the description was polar opposite, so changed text to be in synch.

2012-04-21T05:09:59Z

Politics and the law: Appears the description was polar opposite, so changed text to be in synch.

← Older revision		Revision as of 05:09, 21 April 2012
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	* Bitcoin is a way to topple or restrict the power of governments.		* Bitcoin is a way to topple or restrict the power of governments.
	* Bitcoin is impossible to regulate or control. There are schemes in which by regulating miners, Bitcoins can be frozen much as assets are sometimes frozen today. It's hard to know if they will ever be implemented, but it's not the case that Bitcoin cannot be regulated.		* Bitcoin is impossible to regulate or control. There are schemes in which by regulating miners, Bitcoins can be frozen much as assets are sometimes frozen today. It's hard to know if they will ever be implemented, but it's not the case that Bitcoin cannot be regulated.
	* Bitcoin ~~is going to~~ be outlawed. There aren't any laws that would make Bitcoin obviously illegal, however, financial regulation is an extremely complex topic and it's possible that individual companies, exchanges etc, may at some point be found to not be in compliance. This happens to large, well-respected financial institutions so it's unreasonable to expect it will never happen to something Bitcoin related.		* Bitcoin cannot be outlawed. There aren't any laws that would make Bitcoin obviously illegal, however, financial regulation is an extremely complex topic and it's possible that individual companies, exchanges etc, may at some point be found to not be in compliance. This happens to large, well-respected financial institutions so it's unreasonable to expect it will never happen to something Bitcoin related.

	==Expectations==		==Expectations==

Sgornick: /* Politics and the law */ Remove irrelevant point relating to political leaning of Bitcoin developers.

2012-04-21T05:07:31Z

Politics and the law: Remove irrelevant point relating to political leaning of Bitcoin developers.

← Older revision		Revision as of 05:07, 21 April 2012
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	'''Don't say'''		'''Don't say'''
	* Bitcoin is a way to topple or restrict the power of governments~~. None of the key project developers share this goal~~.		* Bitcoin is a way to topple or restrict the power of governments.
	* Bitcoin is impossible to regulate or control. There are schemes in which by regulating miners, Bitcoins can be frozen much as assets are sometimes frozen today. It's hard to know if they will ever be implemented, but it's not the case that Bitcoin cannot be regulated.		* Bitcoin is impossible to regulate or control. There are schemes in which by regulating miners, Bitcoins can be frozen much as assets are sometimes frozen today. It's hard to know if they will ever be implemented, but it's not the case that Bitcoin cannot be regulated.
	* Bitcoin is going to be outlawed. There aren't any laws that would make Bitcoin obviously illegal, however, financial regulation is an extremely complex topic and it's possible that individual companies, exchanges etc, may at some point be found to not be in compliance. This happens to large, well-respected financial institutions so it's unreasonable to expect it will never happen to something Bitcoin related.		* Bitcoin is going to be outlawed. There aren't any laws that would make Bitcoin obviously illegal, however, financial regulation is an extremely complex topic and it's possible that individual companies, exchanges etc, may at some point be found to not be in compliance. This happens to large, well-respected financial institutions so it's unreasonable to expect it will never happen to something Bitcoin related.

Technowizard12 at 06:11, 1 June 2011

2011-06-01T06:11:29Z

← Older revision		Revision as of 06:11, 1 June 2011
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	==Terminology==		==Terminology==

	Bitcoin is technically a crypto-currency, that is, a [[how bitcoin works \| currency based on cryptography.]] However the crypto- prefix has another meaning, "something whose nature is obfuscated", as in ~~crypto-fascism, and in~~ that sense the term may not intuitively reflect the open source and community-based nature of the project. Also, cryptography is correctly perceived by many as a difficult and highly academic form of mathematics, which makes crypto-currency sound intimidating.		Bitcoin is technically a ''crypto-currency'', that is, a [[how bitcoin works \| currency based on cryptography.]] However the crypto- prefix has another meaning, "something whose nature is obfuscated", as in cryptic messages. In that sense the term may not intuitively reflect the open source and community-based nature of the project. Also, cryptography is correctly perceived by many as a difficult and highly academic form of mathematics, which makes the term crypto-currency sound intimidating.

	There are various alternatives, but many don't translate well into other languages or have other undesirable connotations.		There are various alternatives, but many don't translate well into other languages or have other undesirable connotations.
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	* Bitcoin is an [[digital currency\|internet currency.]] This is an accurate description and combines two everyday concepts people are familiar with.		* Bitcoin is an [[digital currency\|internet currency.]] This is an accurate description and combines two everyday concepts people are familiar with.
	* Bitcoin is a decentralized currency. This emphasizes the primary difference to regular, state backed currencies.		* Bitcoin is a decentralized currency. This emphasizes the primary difference to regular, state backed currencies.
			* Bitcoin is a predictable currency, stressing the open nature of the algorithms and number there will be
			* Bitcoin is open source, demonstrating the community feeling of the currency
			* Bitcoin is getting stronger every day. Try and mention news stories and the current [[MtGox]] rates.

	'''Don't say'''		'''Don't say'''
	* Bitcoin is a crypto-currency, grassroots currency, "currency of the people" etc. All these are loaded terms that may color peoples perceptions or translate badly into other languages.		* Bitcoin is a crypto-currency, grassroots currency, "currency of the people" etc. All these are loaded terms that may color peoples perceptions or translate badly into other languages.

	==Benefits==		==Benefits==
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	* Bitcoin is deflationary. This implies the total amount of currency is intended to shrink. After inflation eventually shuts down, the currency will shrink at a very slow rate due to natural erosion, ie, people losing their wallet files due to failed hardware and missing backups (or simply losing interest and exiting the system). But this is better described as unavoidable than intentional.		* Bitcoin is deflationary. This implies the total amount of currency is intended to shrink. After inflation eventually shuts down, the currency will shrink at a very slow rate due to natural erosion, ie, people losing their wallet files due to failed hardware and missing backups (or simply losing interest and exiting the system). But this is better described as unavoidable than intentional.
	* There are 21 million coins. The Bitcoin definition of a coin is very unintuitive: it's a unit that can be divided into 100,000,000 pieces. If you want to discuss the exact limit, be sure to clarify that whilst we talk about "bitcoins", the placement of the decimal point is arbitrary and was chosen for convenience.		* There are 21 million coins. The Bitcoin definition of a coin is very unintuitive: it's a unit that can be divided into 100,000,000 pieces. If you want to discuss the exact limit, be sure to clarify that whilst we talk about "bitcoins", the placement of the decimal point is arbitrary and was chosen for convenience.

			==Notes and Addenda==

			It should be noted that the way you present the currency greatly depends on your audience. If the person you are speaking to is not an anarchist or anyone too much into anonymity, don't mention these aspects of the community. Tailor the way you present the currency to the interests of the audience.

			''e.g. Do not mention that you can buy all sorts of drugs untraceably at a geriatric knitting convention''

	==See Also==		==See Also==

Mike: /* Benefits */ r

2011-05-24T06:07:52Z

Benefits: r

← Older revision		Revision as of 06:07, 24 May 2011
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	'''Do say'''		'''Do say'''
	* Bitcoins can be stored with a bank or financial institution just like existing currencies if you want, but you're free to explore alternatives right up to and including entirely bank-free operation. After the financial crisis, disillusionment with banks is widespread and this aspect may appeal to some (not all).		* Bitcoins can be stored with a bank or financial institution just like existing currencies if you want, but you're free to explore alternatives right up to and including entirely bank-free operation. After the financial crisis, disillusionment with banks is widespread and this aspect may appeal to some (not all).
	* Bitcoin can reduce the costs of everyday goods, by making the financial markets more competitive and eliminating the ~~(often 10%)~~ risk premium that credit card transactions entail.		* Bitcoin can reduce the costs of everyday goods, by making the financial markets more competitive and eliminating the risk premium that credit card transactions entail.
	* Bitcoin is fair: it's as easy for you to sell things as buy them. Contrast with most existing payment systems in which accepting payments is much harder than making them.		* Bitcoin is fair: it's as easy for you to sell things as buy them. Contrast with most existing payment systems in which accepting payments is much harder than making them.
	* Bitcoin has strong privacy: you should be able to choose who knows about your financial transactions. There are no statements mailed to you detailing your every financial move.		* Bitcoin has strong privacy: you should be able to choose who knows about your financial transactions. There are no statements mailed to you detailing your every financial move.