The problem with Bitcoin is - page 2.

twistyfy

newbie

Activity: 28

Merit: 0

Quote from: spazzdla on April 28, 2014, 02:27:43 PM

It removes all of the problems Rothschild and Friends created to keep us under their foot. Why would we want to be free from debt slavery guys? Why would we want to remove global poverty? Why would we want to stop the fracking in the states? Why would we want to question GMO'S? How is Jacob Rothschild suppose to get his 78th Castle if everyone gets paid a proper wage? THINK ABOUT THE ROTHSCHILDS GUYS! If BTC continues they might lose their ability to loan money out of thin air how terrible that would be.

I'm loving all the sarcasm in this post

okthen

hero member

Activity: 490

Merit: 500

Quote from: Swordsoffreedom on June 09, 2014, 05:17:16 PM

Quote from: okthen on June 09, 2014, 05:00:30 PM

Quote from: Swordsoffreedom on June 09, 2014, 04:49:17 PM

It is so energy efficient that a paper was released the other day illustrating how it is superior to the standard industry of money printing and banking

That said because it is so efficient people are going to complain about it

Efficiency sadly often results in people losing jobs. So yeah, complaining will come.
Do you have a source to that paper? Curious!

Sure but this topic is on the problem of Bitcoin so I'll keep it on topic while sharing

The problem with Bitcoin is that it is so efficient it will destroy American and Worldwide Jobs by replacing it with its own innovation

Link to thread
https://bitcointalksearch.org/topic/m.7175804

Nice twist to keep on topic! Wink

Thanks a lot for the link!

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Quote from: okthen on June 09, 2014, 05:00:30 PM

Quote from: Swordsoffreedom on June 09, 2014, 04:49:17 PM

It is so energy efficient that a paper was released the other day illustrating how it is superior to the standard industry of money printing and banking

That said because it is so efficient people are going to complain about it

Efficiency sadly often results in people losing jobs. So yeah, complaining will come.
Do you have a source to that paper? Curious!

Sure but this topic is on the problem of Bitcoin so I'll keep it on topic while sharing

The problem with Bitcoin is that it is so efficient it will destroy American and Worldwide Jobs by replacing it with its own innovation

Link to thread
https://bitcointalksearch.org/topic/m.7175804

okthen

hero member

Activity: 490

Merit: 500

Quote from: Swordsoffreedom on June 09, 2014, 04:49:17 PM

It is so energy efficient that a paper was released the other day illustrating how it is superior to the standard industry of money printing and banking

That said because it is so efficient people are going to complain about it

Efficiency sadly often results in people losing jobs. So yeah, complaining will come.
Do you have a source to that paper? Curious!

Cryptopher

legendary

Activity: 1789

Merit: 1008

Keep it dense, yeah?

The problem with Bitcoin is that I didn't get in early enough and as a result don't have as many bitcoins as I would have liked. This can change though Tongue

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

It is so energy efficient that a paper was released the other day illustrating how it is superior to the standard industry of money printing and banking

That said because it is so efficient people are going to complain about it

boumalo

legendary

Activity: 1918

Merit: 1018

I would give out 2 problems :

Storing Bitcoins safely has to be learned and there is no insurance of getting your money back if it is hacked

People still believe in Fiat

Ron~Popeil

sr. member

Activity: 406

Merit: 250

Quote from: Acidyo on June 09, 2014, 10:14:56 AM

Quote from: counter on April 28, 2014, 02:33:44 PM

I'd like to admit it here and now that we the people are selfish! Shame shame on us for not caring more!

The whole world is selfish.

Everyone knows about the output of CO2 in the air and how global warming is going to effect us in 100 years yet no one gives a shit cause all they care about is themselves and how they have it right at this moment.

WE DIDN'T LISTEN!!!!

ps there is a politics forum for the global warming bs discussion.

okthen

hero member

Activity: 490

Merit: 500

Quote from: Acidyo on June 09, 2014, 10:14:56 AM

Quote from: counter on April 28, 2014, 02:33:44 PM

I'd like to admit it here and now that we the people are selfish! Shame shame on us for not caring more!

The whole world is selfish.

Everyone knows about the output of CO2 in the air and how global warming is going to effect us in 100 years yet no one gives a shit cause all they care about is themselves and how they have it right at this moment.

Oh come on, global warming is an incredible myth. At least it's not worth all the FUD it's generating.
But I do agree that we do stuff without thinking about the future, like not recycling.

Acidyo

hero member

Activity: 588

Merit: 500

Will Bitcoin Rise Again to $60,000?

Quote from: counter on April 28, 2014, 02:33:44 PM

I'd like to admit it here and now that we the people are selfish! Shame shame on us for not caring more!

The whole world is selfish.

Everyone knows about the output of CO2 in the air and how global warming is going to effect us in 100 years yet no one gives a shit cause all they care about is themselves and how they have it right at this moment.

Beliathon

hero member

Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

Quote from: makebitcoin on June 09, 2014, 09:14:37 AM

The real problem with Bitcoin is that it's too advanced for a lot of people.

Yep, Bitcoin is still not "user friendly" for the vast majority of plebs. It's also still seen as very "scary / risky". "What if my computer gets hacked and I lose all my money?"

Both these issues will be resolved sooner rather than later, and when they are we can expect to see a tremendous surge in the value of BTC.

makebitcoin

sr. member

Activity: 308

Merit: 250

The real problem with Bitcoin is that it's too advanced for a lot of people. You need to go through different steps to obtain it and it's just not accepted enough at vendors.

Parazyd

hero member

Activity: 812

Merit: 587

Space Lord

Quote from: Zyborg on June 08, 2014, 07:17:50 PM

Quote from: okthen on June 08, 2014, 05:51:38 PM

Quote from: TEDmachine on June 08, 2014, 03:30:22 PM

The only problem with bitcoin that it haven't spread all over the world yet

The best thing about bitcoin is that it hasn't spread all over the world yet.
That's what makes us innovators

[But yeah, btc, please spread around soonish]

We're still in an extremely early phase. No need to rush it and scare people. Let it slowly sink in and we'll see more and more of it.

Each day it's better and better. Have you seen the Bitcoin ATMs that are around the world? That's a thing.
And they actually get used Wink

Zyborg

sr. member

Activity: 476

Merit: 256

Quote from: okthen on June 08, 2014, 05:51:38 PM

Quote from: TEDmachine on June 08, 2014, 03:30:22 PM

The only problem with bitcoin that it haven't spread all over the world yet

The best thing about bitcoin is that it hasn't spread all over the world yet.
That's what makes us innovators

[But yeah, btc, please spread around soonish]

We're still in an extremely early phase. No need to rush it and scare people. Let it slowly sink in and we'll see more and more of it.

okthen

hero member

Activity: 490

Merit: 500

Quote from: TEDmachine on June 08, 2014, 03:30:22 PM

The only problem with bitcoin that it haven't spread all over the world yet

The best thing about bitcoin is that it hasn't spread all over the world yet.
That's what makes us innovators

[But yeah, btc, please spread around soonish]

TEDmachine

newbie

Activity: 25

Merit: 0

The only problem with bitcoin that it haven't spread all over the world yet

Zyborg

sr. member

Activity: 476

Merit: 256

Quote from: Ron~Popeil on June 06, 2014, 10:48:08 AM

Quote from: Zyborg on June 06, 2014, 10:44:17 AM

Quote from: whtchocla7e on June 06, 2014, 10:09:07 AM

Quote from: Zyborg on June 03, 2014, 03:46:59 PM

Quote from: 1986 on June 03, 2014, 01:57:05 PM

Quote from: nickenburg on June 03, 2014, 01:42:06 PM

Quote from: Zyborg on June 03, 2014, 11:44:53 AM

Quote from: Dr. Pepper on June 03, 2014, 11:43:56 AM

I dont think theres any problem with bitcoin at all. Thats what makes it so great.

The current problem might be that it's directly associated to drug/weapon trade in the eyes of the Common Joe.

Well the Common Joe have loads of reasons to move away from bitcoins.
Mostly with information they got from the newspapers and newsstations.
Drugs and weapons
Criminals
Hackers
Nerds

that's what most common people relate to when they hear bitcoins
So we should solve the problems ahead of us.

And you can apply all these to cashmoney as well. Shame people are so ignorant.

Of course it can be applied to real money, that's what's so silly. But headlines about the devil currency sell more copies than "The currency of the future?"

Well, you can apply a lot of the negatives of a HORSE to CARS in the same way but the advantages of a car outweigh the negatives.

You have to convince the common joe that bitcoin is the car and money is the horse. The advantage of bitcoin over money is the limited supply. Is that enough?

Every time someone points out something wrong with bitcoin, the first line of defense is - fiat has the same problem. Well, if bitcoin has the same problems as fiat then why bother?

Instead of repeating the same thing over and over like a broken record, you all should push the advantages of bitcoin and see if that is really what the common joes want.

Yeah you go ahead and tell that to a major news corporation and see if they report it. Bwahhaa.

I don't remember who said it but I always thought this quote was really applicable to the our mass media:
"a lie is half way around the globe before the truth is even out of bed."

It's a good quote indeed, the headlines that sell aren't necessarily true. Wink