[shanelja]

I'm not sure if I would use it to be honest, I barely have money for myself, it seems it would be foolish to give it away to other people, even for an outstanding post.

The only occasion I could think of where I would consider it would be if a respected HN user was in some kind of trouble and only short term money could help - living in the UK a transfer to the US is slow and expensive - but the circumstances would need to be exceptional.

[BitCoinWarrior]

understood

[shanelja]

Don't take my comment to be against the idea, it's great to be honest, I'm simply not the target market - however there are quite a few more wealthy, entrepreneur and silicon valley types on here who wouldn't miss a few hundred dollars in tipping.

The idea is definitely a good niche and if I simply had more disposable income I would use it - don't let me refusal discredit it in any way.

[biot]

  > ... who wouldn't miss a few hundred dollars in tipping.

There's nothing preventing you from buying $1 worth of bitcoins (say, 0.01 BTC) and tipping 0.00001 BTC each time.

[shanelja]

I did not know you could do that, I always assumed it was full bitcoins, in that case I rescind my original answer due to ignorance.

Thanks. :)

[Wingman4l7]

Bitcoin would be pretty useless if you couldn't break it up into smaller pieces, especially at the current prices. =) It is divisible up to 0.00000001 (8 decimal places) and the total number that can exist is 21 million (which hasn't been reached yet).