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Topic: Bitcoin's Killer App is Money - page 2. (Read 1266 times)

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
July 22, 2015, 01:15:08 PM
#8
bitcoins killer app is Bitcoin.


(@Scott J: yes)
sr. member
Activity: 574
Merit: 250
July 22, 2015, 01:09:30 PM
#7
fastminer.net/?ref=5385 Get up to free 0.5 BTC BONUS with the FREE trial & withdraw it instant to your wallet!

You really think people will use your ref if you just post it in random sections of the forum without any relevance to the thread?
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
July 22, 2015, 12:49:33 PM
#6
Bitcoin's killer application is to give a chance to the people of under developed countries to the ban services. What am I talking about?

Well there is more than 3 and a half billion people who don't have a bank account in the world and who don't live anywhere close to the bank. With a simple and cheap phone, with the Bitcoin miracles can be done.

I mean look at Mpesa in Kenya and the success of it. Bitcoin can be next Mpesa, just hundred times bigger!

now that i think about it , i find this very interesting. it is one of the best benefits of bitcoin for those people who either don't have bank account or don't have access to paypal, credit cards which every popular place for example amazon is accepting.

but i don't think it is going to be the killer app , the effect is small on bitcoin in this matter.

I find this extremely interesting in a way to hide our real goals from the bankers. To the bankers we could be saying, fear not us, Bitcoin and banking system can co-exist etc. Just to get over that hurdle with governments and banks.

What will happen later, when we "earn some trust" from governments will happen, but this could be one of the cards to get to the masses.

I hope you people get the message Iam trying to send over.
legendary
Activity: 1946
Merit: 1137
July 22, 2015, 12:25:36 PM
#5
Bitcoin's killer application is to give a chance to the people of under developed countries to the ban services. What am I talking about?

Well there is more than 3 and a half billion people who don't have a bank account in the world and who don't live anywhere close to the bank. With a simple and cheap phone, with the Bitcoin miracles can be done.

I mean look at Mpesa in Kenya and the success of it. Bitcoin can be next Mpesa, just hundred times bigger!

now that i think about it , i find this very interesting. it is one of the best benefits of bitcoin for those people who either don't have bank account or don't have access to paypal, credit cards which every popular place for example amazon is accepting.

but i don't think it is going to be the killer app , the effect is small on bitcoin in this matter.
hero member
Activity: 672
Merit: 503
July 22, 2015, 11:48:56 AM
#4
It is so perplexing to me that people keep saying "we don't see Bitcoin's killer app yet." This is such a ridiculous statement.

Bitcoin's first killer app is money.

How many new ideas go from a market cap of zero to $4 B in 6 years?!?! Answer: extremely few. If Bitcoin were a startup itself, it would already be well beyond "Unicorn" status.

Of course, the additional applications of Bitcoin and the Blockchain are endless, but it's first killer app is clearly already here, and 4,000,000,000 cash US dollars agree with that.

Of course it's money, those people that are constantly searching for new ways to use the blockchain are underrating it's main use: money. But make no mistake, Bitcoin as in money will take over the world sooner or later, we are on the early days, give it time and it will be clear money was always the #1 use for it.
legendary
Activity: 1792
Merit: 1000
July 22, 2015, 11:47:32 AM
#3
Yes, there are so many different use cases. All we need is time.

Being able to send value to anywhere in the world without an intermediary is, on its own, more than enough for Bitcoin to succeed.

hero member
Activity: 798
Merit: 1000
Move On !!!!!!
July 22, 2015, 11:16:43 AM
#2
Bitcoin's killer application is to give a chance to the people of under developed countries to the ban services. What am I talking about?

Well there is more than 3 and a half billion people who don't have a bank account in the world and who don't live anywhere close to the bank. With a simple and cheap phone, with the Bitcoin miracles can be done.

I mean look at Mpesa in Kenya and the success of it. Bitcoin can be next Mpesa, just hundred times bigger!
newbie
Activity: 30
Merit: 0
July 22, 2015, 10:22:32 AM
#1
It is so perplexing to me that people keep saying "we don't see Bitcoin's killer app yet." This is such a ridiculous statement.

Bitcoin's first killer app is money.

How many new ideas go from a market cap of zero to $4 B in 6 years?!?! Answer: extremely few. If Bitcoin were a startup itself, it would already be well beyond "Unicorn" status.

Of course, the additional applications of Bitcoin and the Blockchain are endless, but it's first killer app is clearly already here, and 4,000,000,000 cash US dollars agree with that.
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