I really don't care RE: block reward halving or not because it doesn't address the core issue. The developers have limited time to fulfill the mission of this coin. So time spent consulting with the community about issues like this, which I regard as trivial, is time that could be spent getting merchants on board. We need miners to think about 'two more days mining and I can buy a waterpipe' or 'at this rate of mining I can buy xx amount of pot per week from a local dispensary'. So I think it is better that the devs can do whatever they think is necessary regarding algorithm changes and get on with it.
EDIT: I just sent this email to The Attitude seedbank, imagine what would happen if more people sent notices like this:
Hello,
I have used your website to place orders several times, I am contacting you requesting that you consider adding Potcoin, a cryptocurrency designed for the cannabis industry, to your merchant platform. More information can be found here:
http://potcoin.info. The state of my finances are such that I likely won't use your site to place orders again unless I can do so using my reserve of crypto-currencies. Thanks for your consideration.
Regards,
Another Potcoin holder
Firstly, props, thanks for taking initiative!
Some people might not want to be messaging seed banks and such though as weed is still illegal in a lot of places, just throwing that out there. If i lived in cali or one of the other weed "friendly" states, i doubt i would do shit anyway, but i wouldn't stop and ask if i should or shouldn't if i was going to. I have met a fair number of people who smoke it but like to keep it hush hush.
I still think a decent plan to gain Potcoin some value is to talk to dispensaries about using it as a promotional tool to start with to garner interest and get the customers acclimated with the use of crypto. The rolling papers is a neat idea to do such with. Give the customers a free pack or two and tell them that before they roll up, enter the code and redeem it for some free coinage, after they reach a certain amount of coins then can get a free bag. Hell yeah, who the hell isn't gonna like that? I also assume it is pretty popular as soda companies have been doing the codes under caps forever. Is there a qr code on the paper for quick scannin?
I like this idea because it is the lowest risk for the business owner accepting the potcoins, they have nothing to lose by doing things this way and it is ONLY benneificial for them to do such as they might generate a few more return customers than they would have other wise.
I am assuming packets have been made to hand out to business people interested in potcoin. A couple sheets with mission statements, what the perks of accepting potcoin can be, a nice sticker or two for their business to display they proudly accept potcoin. A couple packs of the papers and ideas on how to use all of the information.
I was just thinking, what ever happened to the pi pos units? Did those get nixed for the atms? In my mind this package would come with the pos unit. It has to be easy as shit, plug and play, turn key, use potcoin to increase sales 5%, i don't know! I do know if i owned a business, if i can't make money off of using it, why would i?
"You mean all i have to do is put this machine in my store, put this sticker on my window, and i will see X% increase in sales?" Does weed need this though, or does it sell it's self? Is there enough competition among the dispensaries at the moment where they want to differentiate from one another by doing something like this?
I like numbers, so hopefully you are able to gather information on the use of the atms at the dispensaries so that when you are approaching merchants you are able to hit them with cold hard numbers.
If they take credit that is a big perk for accepting potcoins, not having to pay merchant fees and such. More money coming into the business.
Further thinking for the future, what if the dispensaries who accepted Potcoin agreed to do something where it is like a triple a card or something. If you use potcoin at our place we give you a 5% discount on the purchase total? I am trying to think of something where the user of potcoin will know that they will have the same experience where ever they see the potcoin logo. Which adds further incentive for merchants if they know things like that. I am sorta into branding, not educated about it through formal schooling, just interesting to me.
If the dispensary owner wants to be on the cutting edge and is into crypto then it seems like an easy sell. What is the incentive for someone who doesn't know shit about crypto to start accepting it? Especially given the volatile nature. That, and most people only know of bitcoin, and how it was worth 1200 bucks and is now worth 400, leaves a negative connotation about crypto for a lot of people. There is a slight learning curve too that people might not be willing to take on if the reward for them isn't great enough.
I really would like to see a link to a blank form that people can use to send to businesses they think might be interested. I am totally for the devs running the coin like a company and fielding interest calls and such, and i think they want to do that. So give the community some well worded forms like i get from my political action committees, just sign and send. It also helps standardize the whole procedure of fielding calls then if you know that everyone who calls interested has read mostly the same information, some might dig deeper, but you know they are at least familiar with what a wallet is and how you use addresses to send and receive money.
Musings and the like, take it at face value.
There is a difference between making people happy, and addressing issues that are having a negative impact on your community. You HAVE to address issues like the coin being attacked.
I don't know how many of you are into games, but this sorta reminds me of diablo 3. There was WWWAAAYYY too much community involvement, too many cooks in the kitchen sorta thing. Sometimes some shit just needs to get done.
I say leave the community decisions to the scam ipo coins, if people want a say, invest in something like that. I want to be taken for a ride, hopefully wild and profitable. Share ideas and such, but what will be will be, you can spend all your time trying to please one guy or the other, or you can do what needs to be done and spend the time on things of much greater importance.
You are not going to win by asking the community, the people who don't get what they want are always going to be waiting there with the "told ya so", either way, if you halve the rewards or don't, so really.. does it matter what the community thinks?
I know it is important to listen to the community, two heads are better than one, but it is also important that there is a plan for the coin, and that you don't let the whim of a few derail that train of progress.
There is no success without failure! Do not be afraid
