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Topic: The reality of BTC that too many (and myself) dont want to believe. - page 3. (Read 8267 times)

sr. member
Activity: 288
Merit: 251
All the security in the world, all the insurance in the world, all the protection in the world can be built around Bitcoin. People will need to pay for that, just like now. The difference to now is that with Bitcoin you can choose to not have any of that and take care of your money and your money transfers yourself, and save a lot of money. You can also do this anonymously and without fear of funds getting frozen.

Win.

This ^^. Bitcoin is a protocol people. Yes, there is a lot of work to be done to build up 'easy to use' services around that protocol, but it is currently being done.
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
All the security in the world, all the insurance in the world, all the protection in the world can be built around Bitcoin. People will need to pay for that, just like now. The difference to now is that with Bitcoin you can choose to not have any of that and take care of your money and your money transfers yourself, and save a lot of money. You can also do this anonymously and without fear of funds getting frozen.

Win.
legendary
Activity: 2408
Merit: 1121
It comes down to whether you can take the risk of it failing.

I can, but I personally doubt it will.

That's all, either you accept the underlying premise and protocol or you don't. If you don't, more for me. If you do, good for the network.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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)

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I am sure that many who had the idea of credit cards early on were facing the same question.

Why put so much effort into getting people to put away cash and carry some card with a bunch of numbers on it only to be required to find certain diners clubs that accept that card?

Then you have to sign something saying you agree to the payment. Then you have to later get a bill for the amount you spent that month and then you need to write a check out to that company in order to pay off your "balance".

Far too complicated for the average joe who would much rather just cash his check and pay for things with money.
legendary
Activity: 1722
Merit: 1004
...Do you know how hard it is to manually create TCP/IP packets. 

lol...nice.
legendary
Activity: 1722
Merit: 1004
Those who don't want wallets, apps and so forth can just use bitcoin debit cards and such.

It's as complicated or as simple as people want to make it.

Yes, exactly. "Average Joe" folks will use bitcoin banks. Millions of people use online banking. This will be no different. They will probably not even be aware that they can download an open-source client and post transactions to the blockchain, or even what the blockchain is for that matter. They won't need to. All they'll know and need to know is that they can transact with their account balances. It's up to the "techies, crypto folks, programmers and the like" to fully understand the system, build services, and make sure the integrity of the network is maintained.
donator
Activity: 1218
Merit: 1079
Gerald Davis
Those who don't want wallets, apps and so forth can just use bitcoin debit cards and such.

It's as complicated or as simple as people want to make it.

Exactly.  Bitcoin is a platform.  GernMiester obviously never played with creative toys as a kid.  It is like saying nobody will ever use the internet.  Do you know how hard it is to manually create TCP/IP packets. 
full member
Activity: 168
Merit: 100
Those who don't want wallets, apps and so forth can just use bitcoin debit cards and such.

It's as complicated or as simple as people want to make it.
sr. member
Activity: 420
Merit: 250
this _will_ get easier. but:

just because groups like apple say that the future of computing is "don't worry, we control everything and it's all super easy", doesn't mean that it is.

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.

older people will always struggle with new things, for lack of willingness/time to sit down and learn.
legendary
Activity: 980
Merit: 1020
Not sure what's surprising about that. This is something that people in various part of the community are working on.
sr. member
Activity: 285
Merit: 250
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.
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