I found it interesting that in the early days of bitcoin, people gave this magic internet money away and even set up bitcoin faucets for that purpose. Roger Ver was one of the first to do so and — from what I can tell — was very generous in giving away bitcoin. So was Gavin Andresen. Regardless of how the Bitcoin community feels about these two now, giving away bitcoin was vital to growing the network in the early days and we’re deeply indebted to them for doing so.

I contend that bitcoin faucets are equally, if not more important today, no matter the price! Why? Because it gets people off zero. If you believe, as I do, that bitcoin is a lifeboat, we want as many people who can transact in satoshis as possible to do so. Faucets can be found in online games today and other inane uses but I could not find any that serve the purpose I propose.

(Excerpt) Read more Here | 2021-08-25 16:00:00
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