What's stopping crypto from mass adoption? - page 6.

pixie85

hero member

Activity: 2170

Merit: 528

Quote from: Ucy on September 11, 2019, 06:58:16 AM

Hope you uploaded those videos on your site with the permission of the owners. I guess that is the right thing to do considering that you aim to make money from them with your native token.

Well, I think easy-to-understand information is very important for Bitcoin adoption. If most people learn that using Bitcoin is safe, easy, fast, and very useful, they will likely start using it.

He's not putting the videos on his site but linking to the original ones on youtube. Isn't that legal? It gives credit and money to original authors because whenever you click on the video you're boosting views for the author.

If he downloaded the videos and made them play on his site it would be a different thing but this way it looks legal and fair.

Bananington

sr. member

Activity: 1428

Merit: 344

Some points mentioned here like the high level of scam associated to crypto and other factors like not able to trace and retrieve funds when lost are truly retarding crypto from mass adoption. Other vital issues are scalability issues, issue of hacks and meeting up with regulations. We have a long way to go before mass adoption can be met.

leowonderful

legendary

Activity: 1624

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Bitcoin FTW!

There's tons of exchanges out there nowadays that are made to be extremely simple to use and accessible for newcomers to crypto as well (though KYC and various things such as KYC is one of the trickier things for most people). Some of the people I've introduced to crypto and especially Bitcoin have complained about transactions taking a while to 'process' or confirm, but that's really the main complaint I've noticed. Most wallets nowadays are also very simple to understand and are very well documented, much better than how it was in 2014 when I really started to gain an interest in crypto. We've sure come a long way from then.

eternalgloom

legendary

Activity: 1792

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Quote from: adzino on September 11, 2019, 03:40:12 PM

Quote from: TokenTuber on September 11, 2019, 05:10:27 AM

The crypto space is not very noob friendly: bitcoin and blockchain are complex daunting topics; cryptocurrencies themselves are not very user-friendly; and the cryptocurrency space has gathered a bad reputation for being filled with scams. A small mistake sending coins from your wallet can cause you to lose your money and ruin your experience. So, while everyone has heard about blockchain and bitcoin, people are not only unsure how to get started, they are also faced with these high barriers to entry.
-snip-

I beg to differ. The crypto space is actually very noob friendly. Bitcoin and blockchain, both of them are not as complex as you think. The basics are very simple. You don't need to know in depth to how the technology works in order to use it. Using bitcoin is the same as using paypal. You need to make a payment? Just enter the wallet address of the user instead of his email address like you would when making a payment with paypal. Our computer is a very complex instrument. But as long as we know the basics we will be able to operate it. We don't need to know how it works in order to operate it. The same thing goes for bitcoin. You don't need to know how it works to use it.

Yeah, when I see what kind of people are actually able to use crypto, I would also think it's pretty noob-friendly.
I have friends who are the most technically inept people you'd ever meet, yet they can easily work with many different cryptocurrencies.

Sure, they run into problems occasionally, especially regarding fees with Bitcoin (back when the mempool was full), but after explaining it to them they did seem to get it eventually.

adzino

copper member

Activity: 2968

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www.Crypto.Games: Multiple coins, multiple games

Quote from: TokenTuber on September 11, 2019, 05:10:27 AM

The crypto space is not very noob friendly: bitcoin and blockchain are complex daunting topics; cryptocurrencies themselves are not very user-friendly; and the cryptocurrency space has gathered a bad reputation for being filled with scams. A small mistake sending coins from your wallet can cause you to lose your money and ruin your experience. So, while everyone has heard about blockchain and bitcoin, people are not only unsure how to get started, they are also faced with these high barriers to entry.
-snip-

I beg to differ. The crypto space is actually very noob friendly. Bitcoin and blockchain, both of them are not as complex as you think. The basics are very simple. You don't need to know in depth to how the technology works in order to use it. Using bitcoin is the same as using paypal. You need to make a payment? Just enter the wallet address of the user instead of his email address like you would when making a payment with paypal. Our computer is a very complex instrument. But as long as we know the basics we will be able to operate it. We don't need to know how it works in order to operate it. The same thing goes for bitcoin. You don't need to know how it works to use it.

Oyarebu

member

Activity: 258

Merit: 32

Categorically there are many factors that out play the use or mass adoption of cryptocurrency. Until we have resolve these issues within the industry, mass adoption will be difficult for the industry. Regulations should be simplify to help the common man from be scam, educate the masses on how to manimize lost and how to protect against intruders while using the web wallets.

Coltpython

member

Activity: 700

Merit: 11

Quote from: TokenTuber on September 11, 2019, 05:10:27 AM

The crypto space is not very noob friendly: bitcoin and blockchain are complex daunting topics; cryptocurrencies themselves are not very user-friendly; and the cryptocurrency space has gathered a bad reputation for being filled with scams. A small mistake sending coins from your wallet can cause you to lose your money and ruin your experience. So, while everyone has heard about blockchain and bitcoin, people are not only unsure how to get started, they are also faced with these high barriers to entry.

TokenTuber’s mission is to lower the barriers to entry to the cryptocurrency space so that mass adoption of cryptocurrencies can be achieved. On TokenTuber you can learn and educate yourself on everything you need within the crypto space. We will hold your hand and guide you on your journey in the crypto world. Not only that, you can also earn your first cryptocurrency and trade it with absolutely no cost.

We are looking for global partners to make this vision become reality! Feel free reach us via [email protected]

Link to our Website: https://www.tokentuber.com
*Whitepaper is available on our website!

check this scenario:

Mr A owns a store where he sells groceries. B, is a customer. He comes in and purchases groceries worth $200. B wants to pay in Eth and Mr A agrees and he receives $200 worth of Eth as payment from B. 30 minutes later, that $200 worth of Eth is now valued at $175 based on current exchange pricing. In other words, Mr A, just made a loss in sales. Next time, he won't be too keen on receiving payments in Eth again.

Fix this volatility issue first and watch as adoption grows massively

ATSgrowth

full member

Activity: 924

Merit: 106

homt.net

I agree that cryptocurrencies are still pretty difficult for newcomers, they need to understand how to create a wallet, how to store it in safe place, how to buy it and how to send it. But with upcoming custody services I believe that cryptocurrencies will become more adopted.

Ucy

sr. member

Activity: 2576

Merit: 402

Bisq is a Bitcoin Fiat Dex. Use responsibly

Quote from: TokenTuber on September 11, 2019, 05:10:27 AM

The crypto space is not very noob friendly: bitcoin and blockchain are complex daunting topics; cryptocurrencies themselves are not very user-friendly; and the cryptocurrency space has gathered a bad reputation for being filled with scams. A small mistake sending coins from your wallet can cause you to lose your money and ruin your experience. So, while everyone has heard about blockchain and bitcoin, people are not only unsure how to get started, they are also faced with these high barriers to entry.

TokenTuber’s mission is to lower the barriers to entry to the cryptocurrency space so that mass adoption of cryptocurrencies can be achieved. On TokenTuber you can learn and educate yourself on everything you need within the crypto space. We will hold your hand and guide you on your journey in the crypto world. Not only that, you can also earn your first cryptocurrency and trade it with absolutely no cost.

We are looking for global partners to make this vision become reality! Feel free reach us via [email protected]

Link to our Website: https://www.tokentuber.com
*Whitepaper is available on our website!

Hope you uploaded those videos on your site with the permission of the owners. I guess that is the right thing to do considering that you aim to make money from them with your native token.

Well, I think easy-to-understand information is very important for Bitcoin adoption. If most people learn that using Bitcoin is safe, easy, fast, and very useful, they will likely start using it.

jossiel

hero member

Activity: 2842

Merit: 625

What do you mean by global partners? does this means you are looking for investors? I looked unto your website and if it doesn't mean investors.

Are you looking for contributors?

TokenTuber

jr. member

Activity: 50

Merit: 1

The crypto space is not very noob friendly: bitcoin and blockchain are complex daunting topics; cryptocurrencies themselves are not very user-friendly; and the cryptocurrency space has gathered a bad reputation for being filled with scams. A small mistake sending coins from your wallet can cause you to lose your money and ruin your experience. So, while everyone has heard about blockchain and bitcoin, people are not only unsure how to get started, they are also faced with these high barriers to entry.

TokenTuber’s mission is to lower the barriers to entry to the cryptocurrency space so that mass adoption of cryptocurrencies can be achieved. On TokenTuber you can learn and educate yourself on everything you need within the crypto space. We will hold your hand and guide you on your journey in the crypto world. Not only that, you can also earn your first cryptocurrency and trade it with absolutely no cost.

We are looking for global partners (evangelists) to make this vision become reality! Feel free reach us via [email protected]

Link to our Website: https://www.tokentuber.com
*Whitepaper is available on our website!

Topic: What's stopping crypto from mass adoption? - page 6. (Read 741 times)