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Topic: What does Bitcoin need the most? Wallet Security, Safe Exchanges, User Friendly? - page 2. (Read 2075 times)

hero member
Activity: 588
Merit: 500
I bet that if a trusted entity formed a Bitcoin bank where you could deposit your bitcoins for safe keeping and they were guaranteed/insured for a fee, Bitcoin would go to the next level.

What sort of trusted entity do you propose? I can hardly trust $BANK with my USD.
sr. member
Activity: 280
Merit: 250
I bet that if a trusted entity formed a Bitcoin bank where you could deposit your bitcoins for safe keeping and they were guaranteed/insured for a fee, Bitcoin would go to the next level.
hero member
Activity: 812
Merit: 1022
No Maps for These Territories
I cannot personally build anything, technically. I have experience in politics, so I understand bitcoin.
I understand psychology and monetary systems, banking and economics.
Then you could invest in someone to do it and/or lead the effort Smiley Just proposing ideas won't get you far, there are stacks and stacks of proposals and good ideas throughout the forums. But without someone to implement them, they don't help.

sr. member
Activity: 364
Merit: 251
Much more merchants accepting Bitcoins for "real" commodities.
Agreed. I think the single most important thing now is making it easy for merchants to accept Bitcoins. So that they can integrate it into their sites / webshops in an elegant way without knowing anything about the details of the system.

Also this should be documented very well. Not the current spread-around bits and pieces of information, that's just too much bother for a busy vendor.

All of these IMO...
Lets get to work!
+1. Yes people, please go to work on something, instead of creating a zillion thread about what bitcoin needs the most. Be a hero, just build it! Smiley


I cannot personally build anything, technically. I have experience in politics, so I understand bitcoin.
I understand psychology and monetary systems, banking and economics.

I have proposed in another thread that got zero replies, but I will propose again....

How is Bitcoin supposed to integrated into a monetary system who's accounting goes by the dollar?
In other words, for insurance companies to back a company they have to assume a limited amount of risk. How can an insurance company, backed naturally by banking institutions, insure a company who's risk includes bitcoins, which fluctuate rapidly by the day and which is severely prone to hack attacks and theft, as it currently stands, and which is in direct competition to the banking cartels, which own the insurance companies??

Put more succinctly, how can a company account for bitcoins on it's books, when it must convert that denomination to US dollars immediately in order ti insure against loss? There will always be an exchange in the company's accounting, that they are dealing with.
hero member
Activity: 812
Merit: 1022
No Maps for These Territories
Much more merchants accepting Bitcoins for "real" commodities.
Agreed. I think the single most important thing now is making it easy for merchants to accept Bitcoins. So that they can integrate it into their sites / webshops in an elegant way without knowing anything about the details of the system.

Also this should be documented very well. Not the current spread-around bits and pieces of information, that's just too much bother for a busy vendor.

All of these IMO...
Lets get to work!
+1. Yes people, please go to work on something, instead of creating a zillion thread about what bitcoin needs the most. Be a hero, just build it! Smiley
newbie
Activity: 58
Merit: 0
What do you think is the single most important feature Bitcoin needs to improve it's acceptability?

Much more merchants accepting Bitcoins for "real" commodities.
sr. member
Activity: 364
Merit: 251
Bitcoincheerleaders.com anyone?

Before I grab it?

1.) Teach a hot girl about bitcoin...
2.) Teach her how to get them...
3.) Teach her how to spend them...
4.) Teach her how to reward you for teaching her...
..., ..., ...
5.) Teach her to make youtube videos promoting bitcoins...
Bank on your bitcoin investment when the price climbs!?!?

Get it before I do!

$5 entrance fee for girls to join contest...
Top winning girl get's bitcoins daily for sponsoring bitcoins on youtube videos...
Backend builds bitcoins savings from video referral links.



sr. member
Activity: 364
Merit: 251
Encrypted wallets would defiantly make noobs more confident. That should have been implemented ages ago.

So simple, yet so  important.

Simply, it should not be so easy to steal and unload the wallet file. That's elementary.
legendary
Activity: 1764
Merit: 1015
Encrypted wallets would defiantly make noobs more confident. That should have been implemented ages ago.

EDIT:Of course people can already do this themselves, it just takes a little bit of technical ability.

Use Linux Coin here.
https://bitcointalksearch.org/topic/linuxcoin-a-lightweight-debian-based-os-with-everything-ready-to-go-7374

Follow instructions here
https://bitcointalksearch.org/topic/easy-wallet-encryption-for-ubuntulinux-users-howto-30595
N12
donator
Activity: 1610
Merit: 1010
Wallet security. Every idiot should be able to quickly and safely back up his wallet.

Only if we make it possible for everyone to actually use Bitcoin (no third party risk) to store their wealth will confidence be restored.

I’m not sure how we can accomplish it, but encrypted and deterministic wallets would at least remove a lot of hassle, plus a menu item to export your wallet to given location.
Eli
full member
Activity: 128
Merit: 100
legendary
Activity: 1764
Merit: 1015
All of these IMO...
Lets get to work!
sr. member
Activity: 364
Merit: 251
What do you think is the single most important feature Bitcoin needs to improve it's acceptability?
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