Song: Good to know were not the only ones obsessed w/Ye
Viewed: 42 - Published at: 8 years ago
Artist: Coinye West
Year: 2014Viewed: 42 - Published at: 8 years ago
RapGenius: To start off, what prompted Coinye West? And what's the beef with bitcoin?
Coinye West: What prompted it... we just thought it could be a way to get cryptocurrency into the mainstream. So many of my non techie friends ask me, "hey whats bitcoin about?" and they want to get involved. But I've tried... you set up your computer to mine bitcoins all night and you make the equivalent of a tenth of a USD penny if that. It's become an elitist market where people just horde all the coins. its like trying to jump into wall street's trading center as a newbie
RapGenius: Very cool! So want to clarify a bit how Coinye West is easier to get in on and use than bitcoin? Also what do we call multiple Coinye Wests... Coinyes West?
Coinye West: Haha I think we just call it Coinye as the plural, thats what the community seems to be doing.
RapGenius: A Coinye community already!
Coinye West: Oh yeah we got about 400 people in the chat room, I have about... 3,536 people subscribed to the mailing list. So right now if you want to mine coins you have to look up all this really complicated technical crap, set the right settings for your computer and everything. We're making a program called CoinyeMiner that will let you just press one button and it finds all that stuff out automatically.
RapGenius: Awesome
Coinye West: And we're making really easy to follow tutorials to sign up on one of the "pools" to mine them and transfer them to a wallet. It's still a few steps, but we've taken out the part that keeps regular people away.
RapGenius: Coinye for the masses! Have you heard from Kanye?
Coinye West: No we haven't heard from Kanye yet. I saw in one of his videos, he tells a girl "never pay attention to anything in the news" after he turns off the tv. We've had some people trying to intimidate us and point his lawyers to us, but we're more than happy to talk to them. We'd love if Kanye showed any interest, good or bad. :)
RapGenius: Are you gonna throw him some Coinye?
Coinye West: Yeah. we originally offered 100k, but this has gotten so big that we will consider any offers he makes, as long as its not so large it will destabilize the currency
RapGenius: So it's possible Kanye could destabilize Coinye...
Coinye West: lol. Well, if we agreed to the terms. I think Kanye can respect us coming up from nothing like this. We're not a PR firm or anything like some people think, we're just a couple regular guys who never expected any of this.
RapGenius: Very cool. So picking Kanye wasn't a PR move, but why Kanye?
Coinye West: It was just an inside joke with us for a while, we're Kanye fans and we would say "we gotta make Coinye west!"
RapGenius: Haha nice.
Coinye West: Yeah, he's badass and on the cutting edge. We wanted emulate his attitude into the coin. We knew people would love it, with the general anger at normal banking systems and such, so we tried to figure out a way to make it more accessible.
RapGenius: Swag. Yeah, I was stoked when someone sent me a link, plus the idea behind it is awesome. Ok so... what's your Satoshi? and who's your Satoshi??
Coinye West: We don't really have a Satoshi as a unit of measurement because there are a lot more Coinye up for grabs than bitcoin. We wanted people to be able to run CoinyeMiner overnight and wake up and say "hey! i just got 2000 Coinye!" instead of with bitcoin you earn like .0001 in a week. Nobody wants a piece of a coin. Who's our satoshi... well theres two main devs, and we stay anonymous. then we have many more people who are starting to help us out, people from the Coinye community.
RapGenius: Why are you guys staying anon? This is a pretty cool product!
Coinye West: thanks :D I'm not even sure why we're staying so anonymous, we might come out someday but this has never happened before, so much interest in a coin, especially before its launch. We're concerned about the response of governments, banks, etc they wouldnt have the understanding we hope Kanye might.
RapGenius: What do you see as potential problems they might have with Coinye?
Coinye West: Honestly I'm not even sure. But I don't want to find out.
RapGenius: Word. Ok two more questions. So a bunch of places in Palo Alto are now accepting bitcoin. What would be your IDEAL first place to start accepting Coinye??
Coinye West: Oh well we've had quite a few emails from online hip-hop and music stores who want to know how to accept Coinye, those would probably be our first partners. Then we want to start working with ticket companies to see if they'll accept Coinye, probably small local ones first but we want to grow! And not just us. We want this to benefit everyone.
RapGenius: Do you think Jay-Z might get jealous??
Coinye West: Well, he might. Jay-Z fuckin rocks but "Coinye West" just sounds so much better than "Jay-Z coin." One last thing, we're going to offer Coinye to charities, specifically the one that Kim and Kanye asked people to donate gifts to instead of giving them baby shower presents.That would be the Lurie Childrens Hospital, and we're also going to ask Child's Play, who gives videogames to children who are sick in hospitals.
RapGenius: Awesome, great idea! And one final question, we have an internal office debate on the pronunciation of DogeCoin, how would YOU pronounce it?
Coinye West: I love DogeCoin, all the devs hold some. We pronounce it like.. DOUGH - ja coin rather dou-JA coin. I dunno lol it's hard.
RapGenius: Ohhhhhhhh dammit. Well, anything else you want to mention?
Coinye West: Yeah. We did offer the public we were giving away 100,000 Coinyes. They'll want to watch www.coinyefaucet.com for more info, thats by an independent guy in the community. And of course our official site will be updated with more news and links to sign up to get started mining, very soon. Release date is Jan 11th, 11pm EST.
Coinye West: What prompted it... we just thought it could be a way to get cryptocurrency into the mainstream. So many of my non techie friends ask me, "hey whats bitcoin about?" and they want to get involved. But I've tried... you set up your computer to mine bitcoins all night and you make the equivalent of a tenth of a USD penny if that. It's become an elitist market where people just horde all the coins. its like trying to jump into wall street's trading center as a newbie
RapGenius: Very cool! So want to clarify a bit how Coinye West is easier to get in on and use than bitcoin? Also what do we call multiple Coinye Wests... Coinyes West?
Coinye West: Haha I think we just call it Coinye as the plural, thats what the community seems to be doing.
RapGenius: A Coinye community already!
Coinye West: Oh yeah we got about 400 people in the chat room, I have about... 3,536 people subscribed to the mailing list. So right now if you want to mine coins you have to look up all this really complicated technical crap, set the right settings for your computer and everything. We're making a program called CoinyeMiner that will let you just press one button and it finds all that stuff out automatically.
RapGenius: Awesome
Coinye West: And we're making really easy to follow tutorials to sign up on one of the "pools" to mine them and transfer them to a wallet. It's still a few steps, but we've taken out the part that keeps regular people away.
RapGenius: Coinye for the masses! Have you heard from Kanye?
Coinye West: No we haven't heard from Kanye yet. I saw in one of his videos, he tells a girl "never pay attention to anything in the news" after he turns off the tv. We've had some people trying to intimidate us and point his lawyers to us, but we're more than happy to talk to them. We'd love if Kanye showed any interest, good or bad. :)
RapGenius: Are you gonna throw him some Coinye?
Coinye West: Yeah. we originally offered 100k, but this has gotten so big that we will consider any offers he makes, as long as its not so large it will destabilize the currency
RapGenius: So it's possible Kanye could destabilize Coinye...
Coinye West: lol. Well, if we agreed to the terms. I think Kanye can respect us coming up from nothing like this. We're not a PR firm or anything like some people think, we're just a couple regular guys who never expected any of this.
RapGenius: Very cool. So picking Kanye wasn't a PR move, but why Kanye?
Coinye West: It was just an inside joke with us for a while, we're Kanye fans and we would say "we gotta make Coinye west!"
RapGenius: Haha nice.
Coinye West: Yeah, he's badass and on the cutting edge. We wanted emulate his attitude into the coin. We knew people would love it, with the general anger at normal banking systems and such, so we tried to figure out a way to make it more accessible.
RapGenius: Swag. Yeah, I was stoked when someone sent me a link, plus the idea behind it is awesome. Ok so... what's your Satoshi? and who's your Satoshi??
Coinye West: We don't really have a Satoshi as a unit of measurement because there are a lot more Coinye up for grabs than bitcoin. We wanted people to be able to run CoinyeMiner overnight and wake up and say "hey! i just got 2000 Coinye!" instead of with bitcoin you earn like .0001 in a week. Nobody wants a piece of a coin. Who's our satoshi... well theres two main devs, and we stay anonymous. then we have many more people who are starting to help us out, people from the Coinye community.
RapGenius: Why are you guys staying anon? This is a pretty cool product!
Coinye West: thanks :D I'm not even sure why we're staying so anonymous, we might come out someday but this has never happened before, so much interest in a coin, especially before its launch. We're concerned about the response of governments, banks, etc they wouldnt have the understanding we hope Kanye might.
RapGenius: What do you see as potential problems they might have with Coinye?
Coinye West: Honestly I'm not even sure. But I don't want to find out.
RapGenius: Word. Ok two more questions. So a bunch of places in Palo Alto are now accepting bitcoin. What would be your IDEAL first place to start accepting Coinye??
Coinye West: Oh well we've had quite a few emails from online hip-hop and music stores who want to know how to accept Coinye, those would probably be our first partners. Then we want to start working with ticket companies to see if they'll accept Coinye, probably small local ones first but we want to grow! And not just us. We want this to benefit everyone.
RapGenius: Do you think Jay-Z might get jealous??
Coinye West: Well, he might. Jay-Z fuckin rocks but "Coinye West" just sounds so much better than "Jay-Z coin." One last thing, we're going to offer Coinye to charities, specifically the one that Kim and Kanye asked people to donate gifts to instead of giving them baby shower presents.That would be the Lurie Childrens Hospital, and we're also going to ask Child's Play, who gives videogames to children who are sick in hospitals.
RapGenius: Awesome, great idea! And one final question, we have an internal office debate on the pronunciation of DogeCoin, how would YOU pronounce it?
Coinye West: I love DogeCoin, all the devs hold some. We pronounce it like.. DOUGH - ja coin rather dou-JA coin. I dunno lol it's hard.
RapGenius: Ohhhhhhhh dammit. Well, anything else you want to mention?
Coinye West: Yeah. We did offer the public we were giving away 100,000 Coinyes. They'll want to watch www.coinyefaucet.com for more info, thats by an independent guy in the community. And of course our official site will be updated with more news and links to sign up to get started mining, very soon. Release date is Jan 11th, 11pm EST.
( Coinye West )
www.ChordsAZ.com