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Topic: Is Crypto as "payment" method adaptable for non tech-savvy people? - page 3. (Read 341 times)

hero member
Activity: 784
Merit: 881
Leading Crypto Sports Betting & Casino Platform
Hello guys,

Today I came here in hopes to find an answer to a very IMPORTANT question.

I have been helping businesses for the last 6 years with the implementation of blockchain and cryptocurrency in their business.

It feels like people still can't use it, and they are afraid of the technology. They don't know how to use it.

Also, they fear losing money. If they miss the private key their funds will be lost forever. No one is there to help them recover. Is there any easy way to do so?

Is anyone here thought how can we help our children and elders in our family so they can use crypto without hesitation just like they use fiat money?

If we can solve this together this will be a huge leap in the Cryptocurrency industry.

Let's discuss this topic.


At least here in Japan, it is to some extend.

I have seen young girls ( and I mean young ) paying their coffee with bitcoin several times. And some on some occasions older people paying some things in a tech store with crypto as well. The clerk even explained to them what to do .

In some shops you got % off when you pay with crypto, I guess these shops see the potential in it possibly earning more in the long run.

There is a site running a scam at the moment ( I made a thread about it, classic ponzi ) and they target Japanese as well. The deposits are all in USDT and in some cases bitcoin. A friend worked (until he figured out it's a scam, even though I told him from the beginning that its obvious) as a translator for the scammers. He told me in the meeting and presentations they were all eager to learn about crypto. Most of these people are 50 and older and they had no problem adjusting to something new.

Too bad that in the end they lose.  Roll Eyes
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Anyone that can use online banking, will not have any problem using a custodial crypto wallet service, because it is that easy. You register for a online wallet service and you link your bank account to that service.. so that you can deposit fiat currency to buy crypto currencies.

I have local online wallet services, but I use a hardware wallet and Electrum for every day use. Yes, there is an initial learning curb, but nothing more difficult than setting up a facebook or Twitter account.  Roll Eyes
newbie
Activity: 9
Merit: 0
Hello guys,

Today I came here in hopes to find an answer to a very IMPORTANT question.

I have been helping businesses for the last 6 years with the implementation of blockchain and cryptocurrency in their business. It works fine for the people who know how things work in crypto.

But when it comes to the general public (non-tech-savvy), I can see that people still can't use it, and they are afraid of the technology. They don't know how to use it.

Also, they fear losing money. If they miss the private key their funds will be lost forever. No one is there to help them recover. See this news.

https://www.nytimes.com/2021/01/13/business/tens-of-billions-worth-of-bitcoin-have-been-locked-by-people-who-forgot-their-key.html


Is anyone here thought how can we help our children and elders in our family so they can use crypto without hesitation just like they use fiat money?

Because I don't blame those who don't have the knowledge, I consider this our responsibility how we can make a solution so that those people can also use it as a day-to-day payment method without a second thought.

Does anyone know if any best user-friendly solutions already exist in the marketplace to overcome these challenges?




Let's discuss this topic.


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