Topic: Bringing BTC to the mainstream (Read 2267 times)

it wont gain traction until you can buy food and rent with it, and that wont happen until people start offering it

once people see that happening they will start using it themselves

Well I'll pm and we can continue another time. Brainstorming is helpful for me and I've got a few projects.

I believe the world needs a change and i do not really care about money but "the man" demands it so I have no choice

I need sleep infinite ways...do you want to change the world or make a quick buck is my question..those who want to change the world will make the most money. Trust me

Ahh but how many ways are there to turn a profit vs how many ways could there be to turn a profit?

If we don't know why we'll never get past this stage. Everyone's why right now is to turn a profit. It's greedy and it'll sink the ship. (referring to the sea full of fish story)

Generally whenever I am asked why in real life my reply is why not. Why is not very definitive

@whenhowwho
Well...for now I can say working on it.

The real questions your name should be asking is why.

I agree but I would not say it is too soon. I would say that it would be driving force to create something that joe couch potato can get which would also drive value.

@whenhowwho
If you don't learn to crawl you'll walk weird. If you don't learn to walk you'll run weird.
People are working to build businesses around this; because every opportunity to make the facebooks, amazons, and eBays of now are in front of us. We wouldn't want those to fail because we started to make them too soon.

well we are so far derailed now i can no longer even see the tracks. It further demonstrates the problem. Lack of direction. Its not that most people do not see a need to use bitcoins it is that most people are not even aware that they exist or if they heard of them in passing they are not aware of their current value or their theoretical future value. 40 years ago people didnt see the need to use the internet although it existed in its must rudimentary form. 20 years ago people didnt see much of a need to buy things online or send an email. 10 years ago people had no clue what a SSD or USB Drive was. 3 years ago you had never heard of a bitcoin yet here you are. Joe couch potato isnt here though. Whenever JCP shows up there will be alot of happy faces. Can we get back on topic?

Sorry to continue the derail, but:

Every Bitcoin is always hoarded by someone.

The less prejudicial way to say that is that every coin is always saved.

they also need to sell products and services as well as buy, the hording is fine, Im no expert but I see the value continuing to drop until theres an economy and thats dependent on people using bitcoins rather then collecting them, not to say that thats not happening yet, but the best investment a horder can make is to spend some, in my ill informed opinion

+1 My opinion exactly. People is not as dumb as some people here claim, but most dont see the need to use bitcoins.

ok then i agree that people should spend their coins on things they need or want but i would not suggest spending all of them.

I dont mean people should sell, I mean they should spend, bitcoins value is as an exchange medium and its a very good one I think, if its not used for that its got no value

I disagree hoarding is a good thing. If everyone were to sell their bitcoins then the market would crash and they would become worthless. Nothing about bitcoin is a pyramid scheme i didnt get here because i signed up under someone else or any of that nonsense. Currently there isnt a whole lot of places where you can spend bitcoin and this will remain true until joe couch potato demands it. Getting them to want it is the trick and that is the purpose of the thread.

I do not have alot of posts on here but i read alot so I guess i would be called a lurker. I would say that if a person is going to be negative then they are not going to think about the issue in the right way. I remember when the internet went mainstream (thanks al gore lol) there were a ton of naysayers who said it was a passing fad and yada yada but yet here we are. The technical aspect of BTC is its strength and also it weakness. If a person can understand how it works then they are a rarity. Joe couch potato does not need to know how it works only to know that it does. Absolutely nobody is working to make it easier for joe couch potato to understand it and want to use it at least that i am aware of. Currently it is really only geared towards the end geek which is cool but it could be much much larger. Let's take paypal as an example. When it was first developed there was a ton of skepticism and now it is everywhere. That was pure marketing and being purchased by ebay helped quite a bit.

If you look at BTC as strictly a currency then a person would have to demonstrate its value. Currently its value is much the same as any other fiat currency. But really anything of value is only worth as much as people want it. Gold, silver, diamonds, platinum, tritium, all of these things have value but you cannot eat them you can only barter them. BTC is no different   

 

its a matter of involving people by spreading the economy, not spreading the idea, until present users stop hording and start spending bitcoin its just going to stagnate and eventually collapse, the public want something usable, not a pyramid scheme

For the sake of legitimacy I wouldnt suggest using BTC for an incentive for file downloads as that would be bad in the long run. Perhaps it could be used as a niche though fakeman.

Lets keep rolling with the idea. I agree that some security issues need to be addressed so lets develop a team to take care of that aspect. Although I think we could alleviate that with a move to some form of credit card type scenario.


I have been trying to get funding for a large scale mining operation and I am often asked what other kinds of opportunities there are and etc. There seems to be tremendous interest in the consumer aspect but when i try to explain what mining is their eyes seem to glaze over lol.


I agree about the exchanges. They pretty much suck. They are very vanilla and not very well thought out. If a person were to create an exchange where a user could do everything in one place i.e credit card to fund and more importantly sell BTC and not have to use another web entity to actually get the value in a spendable form. Kinda like an E-Trade for BTC is what im thinking. The cost would be anonymity though which is by far my favorite part as i have a deep seething hatred for my government and do not wish to give them a dime. I would be willing to trade that to see BTC mainstream. It will take time but I know it can be done

Started the thread: http://forum.bitcoin.org/index.php?topic=26391.0 Of course upstanding citizens would only use such a thing for Linux ISOs & materials with expired copyrights and so forth.