Dorikka comments on [Prize] Essay Contest: Cryonics and Effective Altruism - Less Wrong Discussion
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I don't think that this contest will accomplish what you (lsparrish) want it to accomplish, and assign a significant probability to it being of net negative value. This seems likely for the following reasons:
I also think that the implementation details of the contest could be improved iff you still plan to hold it (which I currently disapprove of):
Tapping out.
Really? I suspect you know exactly what you would do - google. As lsparrish said, a bitcoin is worth a considerable amount in USD, and it's really not that difficult to find out how to exchange one for USD, not if you're relatively internet/Google-savvy.
(My apologies for responding to a post that was tapping out, but I suspect there is a considerable number of people like yourself who are overestimating exactly how difficult it is to use bitcoins)