This forum is a bad place to post a bearish thread. It's all permabulls and they're going to come up with any argument just to slaughter you. It's like you're inside of a rodeo.
I do understand that, yeah. It does suck that people who believe in something never want to hear the other side of it, or don't want to understand what they believe in. Sometimes I feel like most of the people on this entire website are all about "OMFG ITS CRASHING SELL NOW AND GET BACK IN WHEN IT DIPS BY 20%" OR "OMFG BUY NOW ITS RISING, MOON MOON MOON OMFG ITS THE BEST MOON YOU EVER SAW, THE MOON IS SO BRIGHT TONIGHT AND FULL OMFG BEST MOON EVERRRRRRRRRR".
I post here though to see if someone really has a counter point to what I said, a few people made interesting notes, but when I look at how things are in the real world and other companies and take everything into consideration, I don't see BTC going much of anywhere.
Avg poor people will not use this, it is too complicated for them. People who don't trust BTC don't trust it because they didn't take the time to get to know it. Not many average people get into something where you need to learn all the terms, look up the history of it, how it was made, open source code, blah. People don't openly trust BTC right away. Giving anyone a 30 minute definition of something doesn't mean they will trust it, and if it takes too long to explain in my experience, people don't wanna hear it. There aren't as many smart people in this world as you might think, and a lot of presuppositions hold people back all the time.
In reply to bolded part:
These "average poor people" need not worry their average minds.
Consider:
Back in the day only a few geeks had computers, you basically had to get out a soldering iron and build your own out of mail order kits or go without. Some enthusiasts offered prebuilt units, but still you had to be quite the nerd to actually do anything with them, there were no operating systems to speak of, just simple bios layer. Enthusiasts met at weekly local meetups (no internet then).
Everyone else said, these things are fun for geeks but nobody else, haha look at the geeks, those thing will never take off.
Now every dropkick carries a 1GHz processor in their pocket.
The same happened with the internet, first attempts were radio amateurs running packet radio systems at low baud rates and then bulletin boards ran by uber-geeks using phone system; other geeks would all post and read to their node like a simple forum. Then came the internet.
Bitcoin is in its early days, but follows the same exponential growth as other technogy, you've got to plot it on a log scale to see it: