The funny thing is this guy I listen to on the radio always tells people about AirBNB, UBER and those sort of alternatives... but strangely he's still fiercely anti-Bitcoin.. mind you his reason for disliking it, if I recall, is Satoshi being anonymous and the hashing power being monopolized by Ghash.
I don't know about Asia or Europe but if you want Americans to adopt something then the radio hosts across the country need to embrace Bitcoin and digital currencies.
I do know about Asia. Asian are not risk-aversion. They prefer holding golden bars, written contracts, face-to-face meeting. Nothing wrong with it, it's just culture, it takes centuries to change.
I don't know about Europe.
I do know about American. We are risk takers. Even if we fail, we will make some comedy movies of it, have some good laugh, and move on to other ventures. Quoted Richard Branson: "business ventures are like buses, there are ALWAYS new ones coming".
Thanks TaunSew for pointing out GHASH. Quite interesting. I'll keep an eye on this along the way.
Again, it's a test of trust in a trust-less system.
If people trust the protocol, they will withdraw themselves from GHASH, preventing it to reach 51%.
If people don't care or they don't know, they will flock to GHASH, helping it to reach 51%, 60%, 99% and BAM, GHASH turns the table -> virtual currency loses -> everyone withdraws -> no more BITCOIN! We convert BITCOIN to fiat, pick ourselves up and jump on other buses. Not so bad.
