Most people are lost on the workings of BTC and how to predict important factors like Fees.
I swear this user experience is so important to the ongoing viability for crypto overall, Im bullish on technology which enables the user not just theoretical achievements just being helpful and predictable is a massive bonus. I agree with the recent posts by the ETH founder and others who state people have lost their way thinking of price, ironic thing to say on price thread but predicting price is looking at the more important factors then speculators. Im more bullish when people watch where they walk then staring at the sky
I can understand not delving into the maths side of things, but what BTC brings to the table is the ability to send money without banks. If you don't understand how to actually send coins, you shouldn't put money in this.
At Christmas dinner I was talking with a cousin who has put money into BTC recently and was worried. I didn't advise him that move, as I don't want the trouble. He was worried because of the correction, so I asked him : where are your coins, in your wallet ? He didn't know what a wallet was, everything is on an exchange... I educated him about the dangers of this, at least.
Problem is that guy is the majority of participants in Bitcoin now perhaps. I can easily believe we have crossed that line where the new people outnumber any of the original mining generation who know Bitcoin wasnt always something you had to buy and websites are not how to hold BTC.
The product has to be user friendly or it wont succeed, something else will. Especially if companies can just take the product and innovate and still retain the central benefits Bitcoin has. Is anyone cheering for Ripple, Im not and I dont want that to be where any related mainstream use is most found. I used to be in support speaking to Doctors, Lawyers and all sorts of clever people technical people highly trained in their fields but not able to sort tasks on a computer without error, its not viable to refuse this business. Maybe they could and should sit down and study the details of what they are using but people dont do this, they just want it to work especially if its removed from what they are familiar with and crypto is new in alot of different ways. I'm convinced this is a large part of any online successful product now