You do not use the grocery specifically, but anyone that you offer gold, will know what it is, and if the person is not bound by very strict rules (ie: he is not a cashier in a supermarket for example) there is a great chance of him accepting it.
If you offer free gold to people, they will CERTAINLY accept it.
Now if you offer free BTC to random people, some will accept it, but some, that even know what is a bitcoin ,will just say: "Nah, it is useless, not worth the hassle".
Also miners are not storing value in BTC, they are using it only as means to get fiat, they give a false sense of security to us, as soon mining becomes unprofitable, they will jump ship, since they have nothing to lose.
Topic: Fixing the "mining problem" - page 2. (Read 3574 times)
does your local grocer accept gold shavings?
If noone accept BTC, how it stores value?
Seriously man, stop with this freaking out about people "having to trade with bitcoins!" for it to be useful.
How many people do you know that trade with gold? When was the last time you bought something using this precious metal at a grocery store?
Gold is practically useless for trade nowadays, and look how its price increases over time (particularly during uncertain times). The main purpose of gold is to store value, and bitcoin is a better store of value than anything physical could ever be. And, besides that, as a bonus, it can be easily used for trade by those who have a particular interest in it.
People paying or not most of their bills with bitcoins is not at all a necessary condition for its success.
How many people do you know that trade with gold? When was the last time you bought something using this precious metal at a grocery store?
Gold is practically useless for trade nowadays, and look how its price increases over time (particularly during uncertain times). The main purpose of gold is to store value, and bitcoin is a better store of value than anything physical could ever be. And, besides that, as a bonus, it can be easily used for trade by those who have a particular interest in it.
People paying or not most of their bills with bitcoins is not at all a necessary condition for its success.
The very weusecoins page let it bold clear: "Most bitcoin users don't mine! Bitcoin mining is a business and very competitive."
Why is it a problem that miners are generating and selling? Shouldn't we thank them for providing us with cheaper coins?
Regarding those who waste energy with CPU mining, then you're right. I think we should remove CPU mining from the standard client, or at least put a very strong warning against it.
Why is it a problem that miners are generating and selling? Shouldn't we thank them for providing us with cheaper coins?
Regarding those who waste energy with CPU mining, then you're right. I think we should remove CPU mining from the standard client, or at least put a very strong warning against it.
What is the use of cheaper and useless coins? We need people to make business with bitcoin, understand it as a currency, people are understanding it as a token to get USD for processor time instead.
We need people to NOT EVEN KNOW ABOUT mining. Saying there are a competitive mining business is like saying there are a nice business.
The very weusecoins page let it bold clear: "Most bitcoin users don't mine! Bitcoin mining is a business and very competitive."
Why is it a problem that miners are generating and selling? Shouldn't we thank them for providing us with cheaper coins?
Regarding those who waste energy with CPU mining, then you're right. I think we should remove CPU mining from the standard client, or at least put a very strong warning against it.
Why is it a problem that miners are generating and selling? Shouldn't we thank them for providing us with cheaper coins?
Regarding those who waste energy with CPU mining, then you're right. I think we should remove CPU mining from the standard client, or at least put a very strong warning against it.
As you people have noticed, we have a huge number of sheeps flocking to the green pastures of deepbit, slush and whatever pool is in third place, creating a network security problem...
But not only that, we have all those people, selling BTC, but not using them, actually, they are not even hoarding them...
Some people already mentioned, that if you mention BTC, and do not even mention mining, people will ask about mining 2 minutes later. I went to ask newbies, how they found out about mining, and found out this is happening:
Random non-tech person hears of BTC. Person visits weusecoins. Person sees the cool video, that explains lots of technical crap and mentions how easy is to mine and get free 50 BTC. People totally misunderstand bitcoin, and: A) Get the default client, click generate, and waste lots of power, and eventually notice it is not working, and abandon BTC (and maybe even badmouth it). B) Person follow links, ends on the wiki, gets excited with mining, buy GPUs, join a pool.
Both outcomes are undesirable, we need people to USE bitcoin, we do not need them to GENERATE AND SELL.
My proposal to fix is: A new weusecoins video... the current one was good to bootstrap the network, now we have a solid network, we need a video that screams: MAKE SOME BUSINESS THAT ACCEPTS BTC AND GET RICH! or... USE BTC FOR EASY PAYMENTS. (no, mentioning how it is better than fiat or better than paypal or any cypherpunk stuff, won't attract the people we need now).
Change bitcoin.org to point to mostly links about business, trading, investing, maybe even hide the mining information on the wiki, maybe create a separate mining wiki, move the mining information there, and leave that wiki mostly unlinked. Or, we need to make clear that to mine you need to have technical skills, it is hard to do, expensive and has lots of competition.
But not only that, we have all those people, selling BTC, but not using them, actually, they are not even hoarding them...
Some people already mentioned, that if you mention BTC, and do not even mention mining, people will ask about mining 2 minutes later. I went to ask newbies, how they found out about mining, and found out this is happening:
Random non-tech person hears of BTC. Person visits weusecoins. Person sees the cool video, that explains lots of technical crap and mentions how easy is to mine and get free 50 BTC. People totally misunderstand bitcoin, and: A) Get the default client, click generate, and waste lots of power, and eventually notice it is not working, and abandon BTC (and maybe even badmouth it). B) Person follow links, ends on the wiki, gets excited with mining, buy GPUs, join a pool.
Both outcomes are undesirable, we need people to USE bitcoin, we do not need them to GENERATE AND SELL.
My proposal to fix is: A new weusecoins video... the current one was good to bootstrap the network, now we have a solid network, we need a video that screams: MAKE SOME BUSINESS THAT ACCEPTS BTC AND GET RICH! or... USE BTC FOR EASY PAYMENTS. (no, mentioning how it is better than fiat or better than paypal or any cypherpunk stuff, won't attract the people we need now).
Change bitcoin.org to point to mostly links about business, trading, investing, maybe even hide the mining information on the wiki, maybe create a separate mining wiki, move the mining information there, and leave that wiki mostly unlinked. Or, we need to make clear that to mine you need to have technical skills, it is hard to do, expensive and has lots of competition.
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