Pages:
Author

Topic: Bitcoin is unfair to the non tech-savvy - page 3. (Read 7493 times)

full member
Activity: 378
Merit: 100
Yea it is good to have some nerd friends, helps out alot.
legendary
Activity: 2268
Merit: 1278
Envy is a destructive feeling. It keeps you trapped in your current situation and prevents you from improving it.

As for securing wallets, I manage my parents coins because they are tech illiterate. Everyone has that option. Make some nerd friends.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
It's a heck of a lot easier to use and acquire Bitcoin than last year
So even the non-tech savvy can start adopting it now but I agree most people tend to wallow in self pity about it and say well if only it was easier, then again earning money is not ever easy  Wink (Unless you were here in 2009 forgot for 5 years and found your wallet lol)
sr. member
Activity: 315
Merit: 250
Bitcoin isn't even that complicated to use. You don't need to know or understand all the technology behind it or how it works. It's pretty easy to use an app or blockchain.info account and I'm sure it'll only get easier.
full member
Activity: 211
Merit: 100
Business is unfair to non-businessmen. lol

And god is unfair for those who born into poverty.
sr. member
Activity: 336
Merit: 260
Ideas of communism, interesting.
member
Activity: 117
Merit: 10
Business is unfair to non-businessmen. lol
newbie
Activity: 41
Merit: 0
I'm delighted to see a rather mainstream article changing their tone on bitcoin. It's no longer magic internet money or drug money. The developing nations seem to be on everyone's mind when it comes to BTC. Good things to come.
hero member
Activity: 490
Merit: 500
I just hope in few years there will be very secure and cheap hardware wallet, so everyone can safely use Bitcoin even on compromised computer. I think this will be next Bitcoin milestone.

It's already being worked on.  The price was listed as 1 BTC back when a bitcoin cost $100, but I don't know if they've since changed what they plan on charging for it or not.
Why couldn't you simply buy a new, cheap computer that has never been connected to the internet?

You can.  There's nothing wrong with that approach, and it's what I plan on doing myself.  But I suspect this a Trezor is cheaper if they keep the price the same, unless you get a computer used, it's likely going to cost a lot more than $100.
sr. member
Activity: 266
Merit: 250
I just hope in few years there will be very secure and cheap hardware wallet, so everyone can safely use Bitcoin even on compromised computer. I think this will be next Bitcoin milestone.

It's already being worked on.  The price was listed as 1 BTC back when a bitcoin cost $100, but I don't know if they've since changed what they plan on charging for it or not.
Why couldn't you simply buy a new, cheap computer that has never been connected to the internet?
sr. member
Activity: 350
Merit: 250
What kind of communist argument is that? I am a dumbass but I deserve the same reward as someone who has the talent to identify potential from a mile away?
sr. member
Activity: 266
Merit: 250
Bitcoin traders are sometimes accused of unfairly profiting from an opaque asset beyond the understanding of ordinary people.
http://www.newyorker.com/online/blogs/currency/2014/07/bidding-on-bitcoin.html

Yesterday I met a couple of my old classmates on the street. They asked about Bitcoin and started to whine that most people don't understand the mathematical fundamentals behind Bitcoin and therefore had no realistic chance to invest when it was cheap. Of course, I encouraged them to invest now (better late than never) but seems that people generally rather enjoy wallowing in their own self-pity than take steps to adapt and overcome.

Even in this forum I have seen demeaning opinions about people who bought in when Bitcoin was trading single digits --- "they are not real investors and their earnings are equivalent to winning with a lottery ticket".

I can see that these issues can raise some negative emotions and Bitcoin has even not risen to 6666$ yet Cheesy. What's the worst case scenario to follow? Bitcoin Jesus getting beaten up by angry conventional Warren Buffer apprentices?

Do the same people complain because they didn't buy Google stock at 89 cents?
legendary
Activity: 2674
Merit: 2965
Terminated.
Bitcoin is unfair to the "Lazy"! It doesn't take too much to learn how to use it.
Exactly. It doesn't take long nor much effort to understand the basics of Bitcoin or any technology really.
sr. member
Activity: 644
Merit: 260
The need for people to have to store, hide, protect and backup their private Bitcoin addresses sucks imo. That's one of the weaknesses of Bitcoin.

You have it backwards. The ability to be the sole individual responsible for securing and spending my money is one of the greatest strengths of Bitcoin! No middlemen or authorities required.


Yes, this is biggest strength of Bitcoin, but only for tech-savvy.

I just hope in few years there will be very secure and cheap hardware wallet, so everyone can safely use Bitcoin even on compromised computer. I think this will be next Bitcoin milestone.
This is correct. If you are not tech-savvy enough then you will not be able to secure your coins and would need some middle man to effectively for you
hero member
Activity: 490
Merit: 500
I just hope in few years there will be very secure and cheap hardware wallet, so everyone can safely use Bitcoin even on compromised computer. I think this will be next Bitcoin milestone.

It's already being worked on.  The price was listed as 1 BTC back when a bitcoin cost $100, but I don't know if they've since changed what they plan on charging for it or not.
full member
Activity: 175
Merit: 100
Bitcoin is unfair to the "Lazy"! It doesn't take too much to learn how to use it.
hero member
Activity: 546
Merit: 500

Yesterday I met a couple of my old classmates on the street. They asked about Bitcoin and started to whine that most people don't understand the mathematical fundamentals behind Bitcoin and therefore had no realistic chance to invest when it was cheap.


The old must make way for the new. Without that, there is no growth. I think it is right that those who are creating the future should profit from it. At the same time, those same people should be merciful to those who are not thinking about the future. We all have to live together.
full member
Activity: 127
Merit: 100
The need for people to have to store, hide, protect and backup their private Bitcoin addresses sucks imo. That's one of the weaknesses of Bitcoin.

You have it backwards. The ability to be the sole individual responsible for securing and spending my money is one of the greatest strengths of Bitcoin! No middlemen or authorities required.


Yes, this is biggest strength of Bitcoin, but only for tech-savvy.

I just hope in few years there will be very secure and cheap hardware wallet, so everyone can safely use Bitcoin even on compromised computer. I think this will be next Bitcoin milestone.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I don't think that I quoted you on that, that was more or less in response to the responses I'm getting for what I'm saying, and thanks I don't need a lesson on how forums work I was a mod at one for many years so I'm well aware thanks.

No, you didn't quote me, you responded to my post where I quoted someone else
and told me to stop assuming things about you.

Whatever.
full member
Activity: 140
Merit: 110
bitcoinnaire
I don't think that I quoted you on that, that was more or less in response to the responses I'm getting for what I'm saying, and thanks I don't need a lesson on how forums work I was a mod at one for many years so I'm well aware thanks.
Pages:
Jump to: