Oh, that's interesting. Rather than rushing ahead of ourselves, we need to let the capabilities mature before pressing the message out. Then we shouldn't be watching the exchange rate minute-by-minute. That's different than I was thinking. Thank you. Hmm, what is our message until then? When will we know it is time to unveil Bitcoin again for the masses? Or are the capabilities going to come along one at a time in an uncoordinated fashion?
I'm in agreement with both jmw74 and pinky on this point. I now cringe when I hear people promoting bitcoin, and when asked myself, all I talk about is the blockchain and how a decentralized ledger can allow for distributed, open accounting and honesty when it comes to financial transactions. (I definitely don't talk about price, payments, vendors, or any of that stuff anymore)
I had heard previously about the adoption "gap" or "chasm" and I didn't understand or believe it, (most likely because this is the first time I have actually been an "early adopter" instead of waiting for the infrastructure to catch up to the technology.)
I think this paragraph explained it well:
Moore's technology adoption lifecycle graph [13] describes how technology enthusiasts and visionaries are the first to embrace a new technology, followed by a frustrating period of time before the pragmatists (early majority) start to utilise the technology, followed by conservatives (late majority) and finally sceptics (laggards).
source:
http://www.ariadne.ac.uk/issue65/wolski-richardsonIt certainly feels like we are in the middle of the chasm right now, and it is just a matter of time before all the moving parts come together to make bitcoin palatable to the masses... Of course, if we were to fail to cross the chasm and never gain mass adoption, there is a chance that the whole experiment could fail. I think, however, that the ongoing failure of the current system will make the advantages of bitcoin obvious to everyone and the chance of a complete failure becomes decreasingly likely.
