I am participating in a competition called Bitcoin Weight Loss Challenge 2014. 11 Bitcoin enthusiasts have signed up to see who can lose the most weight, by percent, over the course of 12 weeks.
The prize pool is distributed to 1st, 2nd, and 3rd place, with a sizable portion of the pool also going to charities that accept Bitcoin.
The contest started on Jan 20th, and, as of the first week 61, pounds total were lost. With 11 participants, that’s an average of 5.55 pounds per person.
Good things about this contest, from my perspective:
- Weight loss is something that the average person can comprehend. I’m hoping this will get people interested in alternative currencies.
- This contest is just one more effort to get people to associate the word “charity” with the word “Bitcoin”. And, by proxy, it also highlights the need to get more charities to accept currencies like Bitcoin or create new ones. As a wise Bitcoiner once said, “Support Bitcoin charities. When a legislator runs out against the campaign that says, ‘If you kill Bitcoin, these kids starve, this puppy goes to a kill shelter, and this bear in China doesn’t have a future and goes extinct,’ that’s a much better message than, ‘Bob the Speculator won’t make enough money.’ Invest in charities, because that enhances the concept of Bitcoin’s neutrality, and makes it concrete.”
I am enjoying myself. My opponents are quite enthusiastic, and it’s a nice thing to have.