Topic: The reality of BTC that too many (and myself) dont want to believe. - page 2. (Read 8269 times)
August 18, 2012, 03:06:19 AM
That would be one more reason for me to use BTC if it's illegal.
August 18, 2012, 02:41:03 AM
Even though I wasn't around at the time, even I have seen the pre/early internet. You think when there were a bunch of geeks playing text games on a BBS, they were thinking the internet would have gotten this far, or even have anything close to the idea that 70 year olds would be playing flash games on Facebook. FTP, Gopher, how many other protocols were there that weren't user friendly. Even html by itself would not have gotten the internet to the masses. We needed the AOL's, the Compuserve's, the Yahoo's to make the internet get really popular. We needed something to "baby step" them through the internet if you will. So maybe that is the solution to bitcoin a gateway of sorts, whether it is a visa loaded with bitcoin or something similar
I do another huge reason the internet became popular when it did was instant messaging. There must be some more social aspect of bitcoin we could utilize
I do another huge reason the internet became popular when it did was instant messaging. There must be some more social aspect of bitcoin we could utilize
August 18, 2012, 02:23:50 AM
What's the modern day equal of a C64?
As in, what would you buy a kid these days to get the same effect a C64 had on a generation
As in, what would you buy a kid these days to get the same effect a C64 had on a generation
August 18, 2012, 02:16:51 AM
[...]
people who grew up working with technology can work with technology in more complex ways than you realize. for example, programming skills are probably the new form of literacy.
people who grew up working with technology can work with technology in more complex ways than you realize. for example, programming skills are probably the new form of literacy.
I'm not sure about that. It is true that teenagers are more fluent at using computers passively. It is true that a technically-minded subset of teenagers is growing up programming from a young age. But the majority of teenagers doesn't know how to write even the most basic program, neither are they interested in learning.
In fact, the general purpose computer is on the decline, so don't expect programming to rise in popularity. Just because everyone knows how to drive a car doesn't mean everyone needs to be a mechanic and tinkerer.
Anyhow, for larger amounts of money, the bitcoin client can be moved to dedicated, highly secure hardware. For small amounts, you can use online wallets. Both aren't harder to use than Facebook.
August 18, 2012, 02:10:18 AM
People think the general public will use bitcoin.
Theres an implied premise here that would completely changenyour view of this question, and that is, what kind of time frame are you looking at?
Are you wondering if the general public will use bitcoin tomorrow? Of course not
Will it be next year? Probably not
Will it be in 10 years? Maybe
How about 100?
August 17, 2012, 10:15:34 PM
I think that bitcoin will become easier to use, but we have to remember there's a difference between knowing how to use bitcoin and knowing how to use it securely. Many people consider malware to be a simple fact of life and do very little to protect their computers. They'll be vulnerable to keyloggers, phishing, and whatnot and have to regulatory agency to turn to when their coins are stolen. More than a few will wipe their hard drives without realizing the need to back up their wallet.dat.
I think that e-wallets/hybrid wallets are the future for "normal" people. That way, they won't need to worry about backups, and the service can require additional verification for large spends.
I think that e-wallets/hybrid wallets are the future for "normal" people. That way, they won't need to worry about backups, and the service can require additional verification for large spends.
August 17, 2012, 10:07:36 PM
We need institutional development funds to make Bitcoin useful. Bitcoin can do more to stimulate the global economy, but it needs to be easily accessible and useful to business. It would be nice if someone in government as forward thinking as Al Gore was (in terms of appreciating developing technologies) would spend a few million bucks developing Bitcoin technology.
August 17, 2012, 10:03:39 PM
Yup, OP's premise is silly. Do you know what email looked like back in 1994? Do you know the hoops you had to jump through then just to send or receive an email? Of course Bitcoin, as it exists today, won't have mass appeal. But even compared with a year ago, a flash in the pan really, it is riders of magnitude more secure and user-friendly now.
Another six or seven years, and it could easily see widespread adoption.
Another six or seven years, and it could easily see widespread adoption.
August 17, 2012, 09:51:46 PM
I like to compare Bitcoin to smart phones. My mother (a grandmother) doesn't have one, doesn't understand them, doesn't want one and never will. This attitude isn't uncommon within her demographic yet smart phones still seem to be doing pretty well.
August 17, 2012, 09:41:29 PM
People think the general public will use bitcoin. Most people cant even understand copy an paste or saving to the network file server and somehow they will understand backing up wallets and recovering transactions. These are the same people who hit print 20 times because their document didn't print.
STOP and look at BTC as a basic computer user would and its overwhelming. One mistake and all you BTC are lost and unrecoverable, it is enough for most to avoid it. The PC as a wallet/bank is also a joke. So many people don't even know their AV has expired YEARS ago and don't install updates because they are to dumb to read the messages about the update on the screen in front of them.
The other choice is to use the system in place now that allows Fraud protections, the recovery of cash through charge backs and FDIC and Europes Deposit Insurance Funds etc.....
The BTC community is full of techies, crypto folks, programmers and the like. This is why it thrives.
The average joe/jane doesn't get it and doesn't care to becasue he/she is too busy trying to keep his/her house and feed his/her kids..
How many of you would continue if your country made it illegal to create and use BTC and would sieze your assets if you were caught? I bet almost none of you would risk it. I certainly wont.
STOP and look at BTC as a basic computer user would and its overwhelming. One mistake and all you BTC are lost and unrecoverable, it is enough for most to avoid it. The PC as a wallet/bank is also a joke. So many people don't even know their AV has expired YEARS ago and don't install updates because they are to dumb to read the messages about the update on the screen in front of them.
The other choice is to use the system in place now that allows Fraud protections, the recovery of cash through charge backs and FDIC and Europes Deposit Insurance Funds etc.....
The BTC community is full of techies, crypto folks, programmers and the like. This is why it thrives.
The average joe/jane doesn't get it and doesn't care to becasue he/she is too busy trying to keep his/her house and feed his/her kids..
How many of you would continue if your country made it illegal to create and use BTC and would sieze your assets if you were caught? I bet almost none of you would risk it. I certainly wont.
This exact argument could have been made in favor of AOL, Minitel and a host of other services over the Internet 20 years ago. Now where are these services vs the Internet today?
August 17, 2012, 09:39:48 PM
Do you know how hard it is to manually create TCP/IP packets.
You are right, but i simply have to comment on this. Creating TCP/IP packets from scratch including IP fragmentation headers is very complex. This is how I by accident discovered that I could make win95 computers reboot, AKA teardrop attack. Pure luck or let's say bad coding ;-)Many important things in science were discovered by accident.
August 17, 2012, 09:37:10 PM
My response to this is quite simple: if bitcoin is too much for you to handle, then don't bother. Continue to use whatever makes you feel comfortable.
August 17, 2012, 08:51:05 PM
Teenagers love the new hotness and my bet is btc is one youth-aimed marketing campaign away from what we're all excited about
August 17, 2012, 08:30:12 PM
That's the same thing they said about the Internet and e-mail, which were a hell of a lot more complicated to use than Bitcoin. Used to be you had to install a modem inside your computer, configure correct AT calls to initialize it, figure out the phone number to dial to connect to a local BBS or university system, then use text-based commands to navigate their system to a text-based web browser. That's why the Internet was just a passing fad, and was going to die out, because no average joe/jane would ever be able to figure it out.
August 17, 2012, 05:48:40 PM
...Do you know how hard it is to manually create TCP/IP packets.
This sums up the problem entirely.
The one difference, a rather large one, is that for bitcoin, "packets" are worth a lot of money, and people will always be deceiving others into giving them up.
August 17, 2012, 05:38:31 PM
I personally am in no hurry to see the general public use Bitcoin. In my opinion it would be bad for both the public and for Bitcoin at this point in the existence of both, and there is no particular need on the part of the general public as long as the current monetary solutions are reasonably functional. I note that in spite of the supposed technical savvy of the current Bitcoin user-base, the magnitude weighted rate of the victimization in our community is notably higher than under more mainstream systems.
If Bitcoin can provide a demonstrably usable alternative to more traditional systems (e.g., fiat or PM's) that is to me one of the bigger wins, and it is on track to do this to a reasonable degree. So, everything is chipping along just fine at this point as far as I am concerned.
If Bitcoin can provide a demonstrably usable alternative to more traditional systems (e.g., fiat or PM's) that is to me one of the bigger wins, and it is on track to do this to a reasonable degree. So, everything is chipping along just fine at this point as far as I am concerned.
August 17, 2012, 05:23:02 PM
People think the general public will use bitcoin. Most people cant even understand copy an paste or saving to the network file server and somehow they will understand backing up wallets and recovering transactions. These are the same people who hit print 20 times because their document didn't print.
Yep and those people are going to be dead soon. As a computing teacher I have seen how the kids that are introduced to computers earlier (the ones with a bit of a brain) are grasping the concepts much faster than I did. The kids of those kids... and so on.
The guy who said making TCP/IP packets is hard was right, who was using the internet in the first 3 years of its conception?
I remember when the Internet was for nerds and typing to people randomly around the world was exciting.
August 17, 2012, 05:16:19 PM
Do you know how hard it is to manually create TCP/IP packets.
You are right, but i simply have to comment on this. Creating TCP/IP packets from scratch including IP fragmentation headers is very complex. This is how I by accident discovered that I could make win95 computers reboot, AKA teardrop attack. Pure luck or let's say bad coding ;-) 
August 17, 2012, 05:10:38 PM
How many of you would continue if your country made it illegal to create and use BTC and would sieze your assets if you were caught? I bet almost none of you would risk it. I certainly wont.
bet accepted (because prohibitionism works... not)
Prohibition is an excellent example. Perhaps even more excellent would be copyright infringement. It's illegal to download and share movies,music,computer programs, video games, etc....
By most metrics most people know it's illegal and do it anyway. And these are normal people. So I would say, yes- people would still use it and in great numbers.
August 17, 2012, 04:55:16 PM
People think the general public will use bitcoin. Most people cant even understand copy an paste or saving to the network file server and somehow they will understand backing up wallets and recovering transactions. These are the same people who hit print 20 times because their document didn't print.
STOP and look at BTC as a basic computer user would and its overwhelming. One mistake and all you BTC are lost and unrecoverable, it is enough for most to avoid it. The PC as a wallet/bank is also a joke. So many people don't even know their AV has expired YEARS ago and don't install updates because they are to dumb to read the messages about the update on the screen in front of them.
The other choice is to use the system in place now that allows Fraud protections, the recovery of cash through charge backs and FDIC and Europes Deposit Insurance Funds etc.....
The BTC community is full of techies, crypto folks, programmers and the like. This is why it thrives.
The average joe/jane doesn't get it and doesn't care to becasue he/she is too busy trying to keep his/her house and feed his/her kids..
How many of you would continue if your country made it illegal to create and use BTC and would sieze your assets if you were caught? I bet almost none of you would risk it. I certainly wont.
STOP and look at BTC as a basic computer user would and its overwhelming. One mistake and all you BTC are lost and unrecoverable, it is enough for most to avoid it. The PC as a wallet/bank is also a joke. So many people don't even know their AV has expired YEARS ago and don't install updates because they are to dumb to read the messages about the update on the screen in front of them.
The other choice is to use the system in place now that allows Fraud protections, the recovery of cash through charge backs and FDIC and Europes Deposit Insurance Funds etc.....
The BTC community is full of techies, crypto folks, programmers and the like. This is why it thrives.
The average joe/jane doesn't get it and doesn't care to becasue he/she is too busy trying to keep his/her house and feed his/her kids..
How many of you would continue if your country made it illegal to create and use BTC and would sieze your assets if you were caught? I bet almost none of you would risk it. I certainly wont.
I believe most of what you are saying. All it takes is around 15 to 20 percent adoption and it takes off. Link ↓
http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action.html
The technical problems are solved by having a "one click" solution. Its really not more complicated than that.
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