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Topic: The intelligence injustice of Bitcoin (Read 1491 times)

legendary
Activity: 2590
Merit: 3014
Welt Am Draht
August 07, 2015, 08:01:21 AM
#29

This. The main problem is basically that people don't even know what Bitcoin is, and a lot of "non geeks" that have heard it decide to ignore it.
Just like in the early internet days, it is simply unavoidable that the ones that come first will benefit the most, this is a basic law of life that happens everytime. By the time Bitcoin is as mainstream as 2015 internet, all those that ignored it will weep.


Aye. I think people often willfully choose to be stupid.

Grandmas who constantly bemoan being unable to operate a DVD player would be perfectly capable of doing so after three minutes of applied concentration. If you can survive for 80 years without starving to death by forgetting to eat, you can also learn what pressing a couple of buttons does.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
August 07, 2015, 07:57:55 AM
#28
legendary
Activity: 1204
Merit: 1028
July 01, 2015, 10:49:45 AM
#27
Harder to link bank accounts & cards to PayPal than to use BTC.
Harder to set up an email account than to use BTC.

This. The main problem is basically that people don't even know what Bitcoin is, and a lot of "non geeks" that have heard it decide to ignore it.
Just like in the early internet days, it is simply unavoidable that the ones that come first will benefit the most, this is a basic law of life that happens everytime. By the time Bitcoin is as mainstream as 2015 internet, all those that ignored it will weep.
legendary
Activity: 3472
Merit: 10611
July 01, 2015, 10:46:23 AM
#26
i agree that the whole bitcoin concept is hard for some people to understand. but using bitcoin doesn't need that much of an understanding.
as long as someone can use a smartphone, or a computer, and internet using bitcoin doesn't need any more understanding.
but the fact that there is not enough usage for bitcoin makes people not wanna understand the whole thing.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
July 01, 2015, 10:25:38 AM
#25
...
I mean this very seriously: World Peace and permanent environmental sustainability are both possible in a future when we teach our children to distinguish the Stuff That Matters from distraction bullshit.

Yours in compassion and solidarity,

World Citizen Beliathon

I wonder if you are one of those creepy Bahá’í Faith minions.  
I'm a minion of Science and humble servant of Truth, nothing more. Everything I have written on these forums is sincere. No one cares what you think of it.
full member
Activity: 196
Merit: 100
July 01, 2015, 02:07:06 AM
#24
For example, someone really smart might be born into a situation with tough chances of being financially successful.
True man, there are lot of people born intelligent but they are raised in such situation that they could not able to become financially successful, everyone need sort of favorable destiny by their side, being said that, it's not meant that someone let loose the intellectual thinking in their life, win or loose hope is the only choice to keep moving life.

full member
Activity: 210
Merit: 104
“Create Your Decentralized Life”
July 01, 2015, 01:41:30 AM
#23
There is an easy-ish answer, although totally illegal in US because of currency laws.

1) Pick a spot price for USD/BTC (lets say 270).
2) Print paper wallets in denominations of $1, $5, $10, $20, $50, $100
3) Deposit mBTC into the wallets ($1 = 3.703 mBtc ... $100 = 370.37 mBtc)
4) Use your new paper wallets as currency.

Cavet: If anyone swipes key on the bill, it is "blanked" and now worthless paper.
legendary
Activity: 1904
Merit: 1074
July 01, 2015, 01:34:41 AM
#22
When it comes down to money, people are smarter than you might think they are. I visit Africa regularly and they use M-pesa as a payment method via mobile phones.

I have seen people living in the poorest countries in Africa, using this technology to buy and trade for goods. Some people in the western developing countries, see these people living in situations like these, and they might think they are dumb or intellectually challenged.

Those people need to get a wake up call... If you are unemployed or if you are poor, you are not neccesarily intellectually challenged.

I have seen some of the most intellegent people in Africa, who did not have the money or opportunity to study at Havard, but they are just unemployed due to their environment and background.

People will figure it out, just give them access to the information.  Wink   
legendary
Activity: 4690
Merit: 1276
June 30, 2015, 11:50:20 PM
#21
...
I mean this very seriously: World Peace and permanent environmental sustainability are both possible in a future when we teach our children to distinguish the Stuff That Matters from distraction bullshit.



Yours in compassion and solidarity,

World Citizen Beliathon

I wonder if you are one of those creepy Bahá’í Faith minions.  If not, you really should look into joining up.  Here's a conversation we've been having about them on another thread:

  https://bitcointalksearch.org/topic/m.11752452

Actually, I still hold it open as a completely viable hypothesis that you are 100% poser trying to make a point about what freaks some people really are by pretending to be one.

hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
June 30, 2015, 09:32:13 PM
#20
Harder to set up an email account than to use BTC.
And it is harder to wait for bitcoin exchange confirmations than to send and receive email successfully, Just sequel of your words lol.....

Patience is not equal to intelligence.
The Stanford marshmallow experiment[1] was a series of studies on delayed gratification in the late 1960s and early 1970s (...)

A child was offered a choice between one small reward provided immediately or two small rewards if they waited for a short period, approximately 15 minutes, during which the tester left the room and then returned.

In follow-up studies, the researchers found that children who were able to wait longer for the preferred rewards tended to have better life outcomes, as measured by SAT scores,[2] educational attainment,[3] body mass index (BMI),[4] and other life measures.[5]

https://en.wikipedia.org/wiki/Stanford_marshmallow_experiment

Obligatory video with adorable children attempting to resist sweets
legendary
Activity: 4270
Merit: 4534
June 30, 2015, 09:07:14 PM
#19
The bitcoin concept (what it is, whether it is useful etc.) is still quite complex. I think we can agree that it takes some minimum level of intelligence and perseverance to figure these things out.

It could be argued that with FIAT currencies the poor had a hard time getting rich and as such there was a demographic divide with limited social mobility. For example, someone really smart might be born into a situation with tough chances of being financially successful.

If Bitcoin succeeds it seems the intelligent and the early adopters has a huge advantage already. As such, the 'injustice' is still there it has mere shifted demography. Where it might take intelligence to make FIAT money, it does not really take much intelligence to be interested in it, understand it, or use it.

It seems that Bitcoin heavily and negatively biases the groups with less than average mental capacity.

Sure low intelligence was never a benefit, but at the current state of bitcoin affairs which less intelligent person would ever consider Bitcoin an option? It seems the troubles of this group of people are even worse than using FIAT?

Does it matter? Do we care that Btc favors the geeks and nerds like us? That it's success basically could redistribute wealth in the world (to some degree) even more sharply along a low vs high intelligence dimension?

bitcoin is no more geeky than fiat.
people do not need to read the protocol to use it. just like people dont need the chemical composition of FIAT bank note ink. people dont need to mine bitcoins or know the technology requirements to hash blocks. just like people dont need to know or have a printing machine and bank note plates to make bank notes..

to get a bitcoin address is easier and faster than registering with a bank and waiting for a bank card to be delivered.
to use bitcoin is simpler than online banking
to make bitcoin is exactly the same as selling anything online or on the street.. show what you are selling, display the price and method of payment.

the problem is not bitcoin, but the lack of marketing to prove how easy it is to just get on and use it.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
June 30, 2015, 08:59:29 PM
#18
Harder to set up an email account than to use BTC.
And it is harder to wait for bitcoin exchange confirmations than to send and receive email successfully, Just sequel of your words lol.....

Patience is not equal to intelligence.
vip
Activity: 1428
Merit: 1145
June 30, 2015, 08:53:09 PM
#17
Another thread, bitcoin for the moment is easy to use only by who have a good knowledge of a personal computer (in general) and internet. So yes, you are basically correct in your through... FIAT is more easy to use because the services related with are really simple, bitcoin is more difficult to use because it's a new thing and it is NOT simple to use and understand (the concept or ideology of "not controlled").

However, there are some people who don't want to understand the differences between FIAT and cryptoCurrency and those people deserve to stay ignorant.

I recall back in the day having to jump through hoops with Netteller (and some other like entity whose name eludes me) so to quickly fund poker sites to take advantage of their reload bonuses.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
June 30, 2015, 08:40:11 PM
#16
The bitcoin concept (what it is, whether it is useful etc.) is still quite complex. I think we can agree that it takes some minimum level of intelligence and perseverance to figure these things out.

It could be argued that with FIAT currencies the poor had a hard time getting rich and as such there was a demographic divide with limited social mobility. For example, someone really smart might be born into a situation with tough chances of being financially successful.

If Bitcoin succeeds it seems the intelligent and the early adopters has a huge advantage already. As such, the 'injustice' is still there it has mere shifted demography.
This insight is a very real possibility, but I think you're overlooking something important. Political power has never before been granted on the basis of raw intelligence, benevolence is not unlikely here.

I think often about how global bitcoin adoption might be humanity's first step toward transcending capitalism. I imagine hundreds of suddenly super-rich smart people begin funding new types of schools, which focus on critical reason, empathy, civics, ethics, ecology, and conflict resolution skills. Most modern nationalized schoolsystems teach obedience and conformity first and foremost, with bureaucratic dogma one-size-fits-all teaching systems that force kids to memorize and regurgitate information on command as if these young minds are military trainees or zoo animals.

I mean this very seriously: World Peace and permanent environmental sustainability are both possible in a future when we teach our children to distinguish the Stuff That Matters from distraction bullshit.



Yours in compassion and solidarity,

World Citizen Beliathon
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
June 30, 2015, 08:15:09 PM
#15
I agree that it is hard to use them right now, but as the technology and related services evolve it will be easier.  How many people know what makes their car go, or an airplane fly?  Practically no one because we don't have to.  It is not a matter of intelligence, it is a matter of convenient service.  I think well designed mobile wallets and ease of turning fiat into coin are the two big deals for making bitcoins more popular.

We just need people getting used to let their mobiles make their payments. Apple pay could actually do this job for us. Once people are comfortable with Apple pay, they will realize how much better Bitcoin is.
full member
Activity: 279
Merit: 132
Beefcake!!!
June 30, 2015, 08:07:44 PM
#14
I agree that it is hard to use them right now, but as the technology and related services evolve it will be easier.  How many people know what makes their car go, or an airplane fly?  Practically no one because we don't have to.  It is not a matter of intelligence, it is a matter of convenient service.  I think well designed mobile wallets and ease of turning fiat into coin are the two big deals for making bitcoins more popular.
full member
Activity: 196
Merit: 100
June 30, 2015, 07:33:13 PM
#13
Harder to set up an email account than to use BTC.
And it is harder to wait for bitcoin exchange confirmations than to send and receive email successfully, Just sequel of your words lol.....
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
June 30, 2015, 07:29:01 PM
#12
I don't think it's a case of intelligence or unintelligence. It just requires some thought. Stupid people can figure it out just fine too. The overall concepts are not beyond the grasp of anyone. You can be a bit dumb and still know what's what in the world.

It will be the lazy, ignorant or irrationally hostile who will be the last to get on board.  

You're right, stupid people can figure it out too. Reading the posts of about 70% of the people here will tell you that's true. lol
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
June 30, 2015, 07:14:45 PM
#11
I don't think it's a case of intelligence or unintelligence. It just requires some thought. Stupid people can figure it out just fine too. The overall concepts are not beyond the grasp of anyone. You can be a bit dumb and still know what's what in the world.

It will be the lazy, ignorant or irrationally hostile who will be the last to get on board.  
legendary
Activity: 1456
Merit: 1010
Ad maiora!
June 30, 2015, 06:57:35 PM
#10
There is a lot of VC money flowing to developers specifically working on the user friendliness aspect of handling BTC they know it's difficult for many and that this is an obstical to adoption.
We are young community yet. You will see services that are easier to use as time progresses, much like email and connecting to the Internet. Frankly, whomever comes up with a simple, seamless, and secure BTC wallet/exchange/app will have the "killer app" we have all been waiting for, making my themselves rich and sending BTC moon-ward in the process.
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