bitsapiens https://paragraph.com/@bitsapiens undefined Tue, 14 Apr 2026 03:16:31 GMT https://validator.w3.org/feed/docs/rss2.html https://github.com/jpmonette/feed en bitsapiens https://storage.googleapis.com/papyrus_images/02e315744d06be17dac6abc65566cf5a.png https://paragraph.com/@bitsapiens All rights reserved <![CDATA[Ideas Bank]]> https://paragraph.com/@bitsapiens/ideasbank 7C0WlzmDMeeui5jkDNev Sun, 16 Feb 2025 06:51:36 GMT This is a space where I’ll list the ideas I will never build. These ideas are freely available in the public domain under CC0, for anyone to explore, develop, and make their own.

This is A humble contribution for those who take asymmetric risks, investing their time and resources to create value for society, THE ENTREPRENEURS.

Just as I’m releasing ideas that take up time and energy, I invite others to do the same using #ideasbank. This practice of "lightening the load" helps us stay focused. The only idea I will carry forward from this post is to build a platform where we can visualize the liberations of ideas from the community—helping us find value in this collective unloading.

IDEA # 1 - "Cash-to-Crypto Stations" :

The "Cash-to-Crypto Stations" are simple, self-service devices located in public spaces (such as stores, shopping malls, etc.) that allow users to exchange physical coins for a corresponding fiat value. Here's how it works:

  1. Insert Coins: The user inserts their physical coins into the machine. The machine weighs and calculates the total value in fiat currency (e.g., USD, EUR, etc.).

  2. QR Code Generation: The machine generates a QR code showing the fiat value received, minus a 10% commission.

  3. Crypto Redemption Process:

    • The user scans the QR code using their mobile device.

    • The code directs them to a web app where:

      • They can download a wallet or create one if they don’t have one.

      • The app redeems the fiat value as desired crypto into their wallet.

]]> bitsapiens@newsletter.paragraph.com (Bitsapiens)