I have come to the conclusion that anyone who brings up the volatility argument and no other arguments are too lazy to take the time to learn and understand bitcoin. They just see wild swings in price and draw conclusions from that, and they never say that most of the volatility has been UP.
I agree that bitcoin is not yet ready for primetime mostly because of end user security, but volatility is just a lousy argument.
I agree that bitcoin is not yet ready for primetime mostly because of end user security, but volatility is just a lousy argument.
Y'all: if outsiders believe it is a problem, it IS a problem. It's up to all bitcoin users to advocate and educate, more than it is anyone's responsibility to learn.
I don't think you can seriously accuse PayPal of laziness over this either. They've previously demonstrated that they've done their homework, and that they're enthusiastic and ready to get on board with bitcoin. They also had a lot of success in pioneering internet payments before bitcoin was a twinkle in Satoshi's eye, so I think they have a lot to contribute.
