{"id":28640,"date":"2014-05-19T20:00:20","date_gmt":"2014-05-19T20:00:20","guid":{"rendered":"http:\/\/ci027cfe66e0022697"},"modified":"2014-05-19T20:00:20","modified_gmt":"2014-05-19T20:00:20","slug":"bitcoin-shows-off-1400511620","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/culture\/bitcoin-shows-off-1400511620","title":{"rendered":"Bitcoin Shows Off"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><figure><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/bitcoin-shows-off.png\" title=\"\"><\/figure>\n<p>Movements succeed with numbers. Many people must partake to create the change we want to see.<\/p>\n<p>Bitcoin has come a long way since its introduction in 2009, and we are currently in mainstream media almost daily. Both the <a href=\"https:\/\/thehill.com\/policy\/technology\/203010-dem-lawmaker-buys-bitcoin\" target=\"_blank\" rel=\"noopener\">American<\/a> and <a href=\"https:\/\/bitcoinmagazine.com\/articles\/bitaccess-presenting-canadian-senate-1397004840\">Canadian Senate<\/a>s are investigating our beloved virtual currency. However, we still have a long way to go to dispel the myth that many people hold that Bitcoin is an <a href=\"http:\/\/money.cnn.com\/2014\/04\/08\/technology\/bitcoin-holder\/\" target=\"_blank\" rel=\"noopener\">underground currency used to buy and sell drugs<\/a>, or is not financially viable.<\/p>\n<p>The key in efficiently and effectively increasing adoption is in numbers. The more people we can reach at once with factual and accessible information, the faster adoption grows. I will call this Expedient Adoption. There\u2019s no doubt about this: those who hate bitcoin simply do not understand it. Those who do understand it tend to love it. Some of us even drop everything in our lives for it. The key is understanding, one person at a time.<\/p>\n<p>But won\u2019t that take a long time? Each one of us talking to 1 or 2 people a day? I suppose it\u2019s like network marketing: there\u2019s power in numbers and introductions. Still. There must be a better way besides our valiant word-of-mouth efforts that often result in us being dismissed as \u201ccrazy\u201d or \u201con something.\u201d<\/p>\n<p>How do we encourage adoption without involving the very parties that reach the masses using media, but depend on \u2018if it bleeds, it leads\u2019 tactics to keep them distracted and entertained?<\/p>\n<p>I may have just uncovered one of the best ways of Expedient Adoption. This method touches people all around using the internet. It is accessible and educational \u2013 and fun! And, the best part is, it gives those who watch and participate in the process free bitcoin. Yes. Free bitcoin. Free.<\/p>\n<p>Oh, did I mention that it\u2019s also fun? Is there any better way of encouraging adoption than making it fun and profitable?<\/p>\n<p>I\u2019m speaking about <em><a href=\"http:\/\/takemybitcoins.tv\/play-live\/\" target=\"_blank\" rel=\"noopener\">Take My Bitcoins!<\/a><\/em>, an online 1970\u2019s game show-style web broadcast that explores bitcoin in an uncomplicated way. It is available for anyone with internet access, anywhere in the world, to watch, at any time.<\/p>\n<p>Mike Rotman is the mastermind behind <em><a href=\"https:\/\/www.hugedomains.com\/domain_profile.cfm?d=streamingarage&amp;e=com\" target=\"_blank\" rel=\"noopener\">Streamin\u2019 Garage<\/a>:<\/em>a company that literally began with a few cameras, a garage, a great team of people with a lot of faith and an idea \u2014 create excellent online shows. After discussing bitcoin with a few friends in an online Facebook community, Mike and his team had a collective lightbulb moment: \u201cintroduce people to bitcoin, and let them have fun with it.\u201d His goal with the show is to \u201cbring bitcoin to the masses.\u201d<\/p>\n<h2><strong>Show Off<\/strong><\/h2>\n<p>Here\u2019s the really fun part, in my slightly nerdy point of view: <em>Take My Bitcoins<\/em> shows the mining of bitcoins in the week leading up to the show. There is literally a camera on this mining equipment 24\/7. I know it\u2019s like watching a <a href=\"https:\/\/zoo.sandiegozoo.org\/cams\/panda-cam\" target=\"_blank\" rel=\"noopener\">cage at a zoo<\/a> with a panda bear in it that never appears, because nothing active really happens, but the fact that I can pull this up online and show someone real-life mining is pretty neat. It certainly helps with explaining the mining part.<\/p>\n<p>At the end of the week, one lucky participant who guesses the number of bitcoin mined by the machines will win bitcoin. \u201cWe cut [the mining] off 3 hours before show time, so guests have that amount of time to guess how many bitcoins the show has mined,\u201d Jeff Ownby, of <em>Butterfly Labs<\/em>, explains. However, bitcoin can be won in many ways, including answering simple questions about the currency and protocol. So, people are winning, having fun and learning about bitcoin.<\/p>\n<p>Mike has a strong background in television production, direction and writing, having written for major network shows. He left the television industry 5 years ago to focus on internet production and content, \u201cespecially live,\u201d he explains. \u201c[<em>Streamin\u2019Garage<\/em>] live streams a lot of different events. We were the first mulit-camera live HD network on the web and want to continue to find new ways to break ground in live.\u201d<\/p>\n<h2><strong>The Techie Side<\/strong><\/h2>\n<p><em>Take My Bitcoins!<\/em> is no small endeavour. If you watch the show, you will see that the quality is incredibly high. Make no mistake, Mike\u2019s team clocks hundreds of hours a week in hard work to produce this entertainment for us. \u201cIt is a lot of work,\u201d Mike explains. \u201cFrom the production side, we are using a NewTek Tricaster 860, we built an entire set for the show, we have lighting, a 5-camera HD studio, and we employ 8 crewpeople.\u201d<\/p>\n<p>Technically, the show runs a live chat room during its broadcast, where staff ask the audience questions: \u201cThose who play along [and have an answer] are called on their phone, so it\u2019s really a live, interactive game,\u201d Mike explains. \u201cWe are working with a global audience, and people\u2019s internet runs at different speeds. Some people can be 20 seconds behind, 2 minutes behind due to a bad internet connection. It\u2019s a live show, similar to a radio game, so we call them and connect with them live.\u201d The show itself is based on a radio-model, incorporating fun, play-along games, which can be played via cell phone. The show also incorporates social-media games, like #TakeMyMeme and a \u201cGuess How Much We Mine!\u201d game. \u201cWhen we first came up with the concept, it was very \u2018Price-Is-Right\u2019 meets \u2018Let\u2019s Make A Deal!\u2019\u201d<\/p>\n<p>The show really does give away everything <em>Butterfly Labs<\/em> mines that week: \u201cThe game doesn\u2019t stop until our wallet is empty,\u201d Mike laughs. \u201cEveryone can see us mining, they can see all the transactions we do. Like bitcoin, it\u2019s all very transparent. You can see our wallets are full, you can see that they\u2019re empty. That\u2019s part of the whole process.\u201d<\/p>\n<p>Winners will send in W-9 paperwork if American and W8-BEN if international so they comply with American federal tax law. \u201cOur tax accountants had no idea what to do with this,\u201d Mike laughs. \u201cWe want to cover ourselves. In the end, we are giving away currency, so we treat it like that. It makes the process and the currency legitimate and safe.\u201d The team is very set on being transparent and upfront with the process. \u201cThe more legitimate it feels, the better everyone feels about bitcoin.\u201d<\/p>\n<p>So, why bitcoin? \u201cIt seemed like a perfect fit, because it\u2019s decentralized and accessible around the world. It just makes sense that everyone [with internet access] can be involved in this,\u201d Mike continues. Going back to <em>Butterfly Labs<\/em>, showing everyone the mining equipment during the week, leading up to the airing, adds to the transparency of the show. \u201cWe\u2019re on camera; <a href=\"https:\/\/www.youtube.com\/watch?v=n5X-mmaAT4s\" target=\"_blank\" rel=\"noopener\">you can see the systems the show is using<\/a>,\u201d Jeff adds.<\/p>\n<h2><strong>Bitcoiners Doing What Bitcoiners Do<\/strong><\/h2>\n<p>Our community is unique in that we are incredibly supportive and helpful without expecting anything in return. We always seem to be dedicated to adoption. \u201cIt\u2019s great how supportive the bitcoin community is,\u201d Mike says. \u201cIt\u2019s really cool to watch the adoption happen, too. We had a winner last week, and she had no idea what it meant to win bitcoin. She said, \u2018what do I do?\u2019\u201d The team walked her through the process of setting up a wallet, and explained how and where to spend her bitcoin. We have people who say, \u2018I would play, but I can\u2019t pay my rent with it.\u2019 We say, \u2018Well, technically\u2026 you can.\u201d<\/p>\n<p>The show\u2019s target audience is anyone who is interested in bitcoin, but they tend to attract a \u201cbright\u201d audience with their \u201csnarky and smart\u201d entertainment: \u201cWe definitely want the bitcoin audience, and they do tell us we need to ask more bitcoin questions, but we don\u2019t want to alienate. The point of this is to introduce bitcoin to everyone,\u201d Mike clarifies.<\/p>\n<p>\u201cWe are all from the bitcoin community,\u201d Jeff adds. \u201cIt\u2019s just a natural progression for us to target that market first, then take it from there. The idea is to get different guest hosts in every week, some from inside the industry, some from without.\u201d The show\u2019s modus operandi is to feature popular hosts, who can then introduce their own fan-base to bitcoin. <a href=\"http:\/\/www.imdb.com\/name\/nm0505949\/\" target=\"_blank\" rel=\"noopener\">Samm Levine<\/a>, (shown far left) of <em>Freaks and Geeks<\/em> and <em>Inglorious Basterds<\/em> fame hosted the show last week. After appearing, he was enthused about the currency: \u201cHow do I get this! Send me some! How do I use this!?\u201d <a href=\"https:\/\/twitter.com\/alexalbrecht\" target=\"_blank\" rel=\"noopener\">Alex Albrecht<\/a>appeared on the last segment of the show to introduce bitcoin to his large (over 80 thousand Twitter followers!) fan base. <a href=\"https:\/\/twitter.com\/Illeanarama\" target=\"_blank\" rel=\"noopener\">Illeana Douglas<\/a> is also scheduled to appear. However, the show also intends to include \u201c<a href=\"https:\/\/aantonop.com\/\" target=\"_blank\" rel=\"noopener\">bitcoin luminaries<\/a>\u201d and \u201cknown bitcoin people\u201d to help explain the more technical side as the audience plays along.<\/p>\n<p>As I explained in an <a href=\"https:\/\/bitcoinmagazine.com\/articles\/3-principles-business-success-review-vault-satoshi-1394118658\">earlier article,<\/a> the key to adoption is through clarity of purpose, legitimacy and cooperation. New adopters are already scared of bitcoin based on the negative media the currency has received, so businesses must embrace these values if they want to positively influence bitcoin use. Mike and Jeff show these values in their business practices.<\/p>\n<p><a href=\"http:\/\/takemybitcoins.tv\/\" target=\"_blank\" rel=\"noopener\">Take My Bitcoins!<\/a> is building a strong audience base with their weekly shows. The producers are pleased with the word-of-mouth advertising they have been receiving, especially from the bitcoin community itself. After all, it is much easier to send someone to a fun game where they can win money than continuously beating your head against a wall explaining bitcoin to your inner circle. Sometimes, seeing it and hearing it from a third party is the tipping edge for them. As Mike says, \u201cthe best way to get bitcoin out there is to give it away.\u201d<\/p>\n<p>The bitcoin community can also help by giving honest feedback to \u201chelp frame the game.\u201d The show is active on Twitter and very responsive. You can message them with your thoughts <a href=\"https:\/\/twitter.com\/TakeMyBitcoins\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<h2><strong>Purpose-Driven Production<\/strong><\/h2>\n<p>Both Mike of <em>Streamin\u2019 Garage<\/em> and Jeff of <em>Butterfly Labs<\/em> see bitcoin as a world-changing phenomenon. \u201cI have been with <em>Butterfly Labs<\/em> since the beginning, but to be honest, the turnaround for me that made bitcoin into something bigger than it had been previously was my trip to New York City last year. I was leaving the conference in a cab, going back to my hotel, and my cab driver asked me, \u2018What is bitcoin?\u2019 I explained it to him, and he said, \u2018So I can send this to my brother in Pakistan?\u2019 And that changed everything for me. I realized how truly powerful this can be. I picture this taking over Western Union, and banks, and everything else. I see this now from a social justice perspective.\u201d<\/p>\n<p>Mike is no different: \u201cIt started off as a fun chat on investments on Facebook, but then I realized that we had the power to give away currency that everyone\u2026anyone in the world can use. We always had a big international following with our show <em>\u201cStupid For Movies\u201d<\/em> but this is even bigger. We have people calling in from Saudi Arabia, Japan, Israel, and now we can give them something back, rather than just content. This is a worldwide currency. We will evolve in the future to give away bitcoin to charities such as animal shelters, Autism and other good projects. We give back. We want to do good.\u201d<\/p>\n<h2><strong>A Bit of Fun<\/strong><\/h2>\n<p>The show is ultimately transcending multiple boundaries by showing us what is really possible on the internet in terms of interaction, production quality and content. Their team are all dedicated to the cause and even take their entire pay in bitcoin.<\/p>\n<p>\u201c<em>Streamin\u2019 Garage<\/em> really started as something small, and it grew because of a group of people who really believed in it.\u201d And that sounds a lot like something else we all know and love.<\/p>\n<p>This is a really great way to get people involved in bitcoin. Watching role models they know and follow interacting with and giving away bitcoin is a huge step towards bitcoin adoption. People relate to what they know. Part of what makes bitcoin so scary is that it is not understood. But we feel like we know celebrities. They are familiar to us. Combining celebrities with bitcoin is genius. Mike has done it again. The show has aired only twice, and will be running weekly.<\/p>\n<p><strong>So, Bitcoin, let the fun and games begin!<\/strong><\/p>\n<p>Bitcoiners, you can help encourage adoption. You and your network can tune in every Thursday at 8:00 PM (PT) to watch <a href=\"http:\/\/takemybitcoins.tv\/\" target=\"_blank\" rel=\"noopener\">Take My Bitcoins<\/a> live! Missed an episode? No worries. Catch re-runs on their site, too! Show everyone how accessible and fun bitcoin can be.<\/p>\n<p><em>Disclaimer: I have not been compensated by<\/em> Butterfly Labs <em>or<\/em> Take My Bitcoins! <em>or any related party in any way for writing this review\/article. I am simply a woman who loves bitcoin and wants to see it adopted by everyone, and I think this is a great way of introducing bitcoin to people in a fun way.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I\u2019m speaking about Take My Bitcoins!, an online 1970\u2019s game show-style web broadcast that explores bitcoin in an uncomplicated way. It is available for anyone with internet access, anywhere in the world, to watch, at any time.<\/p>\n","protected":false},"author":3650,"featured_media":28639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[75,523,1179],"class_list":{"0":"post-28640","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-culture","8":"tag-bitcoiners","9":"tag-gaming","10":"tag-media"},"author_data":{"id":3650,"name":"Victoria Van Eyk","nicename":"victoria-van-eyk","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/victoria-van-eyk-promo-image-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/bitcoin-shows-off.png","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/28640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3650"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=28640"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/28640\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/28639"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=28640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=28640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=28640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}