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Topic: Why are so many people Anti-Bitcoin? - page 2. (Read 7603 times)

legendary
Activity: 1330
Merit: 1000
Bitcoin
November 15, 2011, 11:57:09 AM
#84
Digital wallets - consumers hate them.

I don't think they hate them.
newbie
Activity: 26
Merit: 0
November 15, 2011, 11:52:49 AM
#83
Digital wallets - consumers hate them.
legendary
Activity: 1937
Merit: 1001
November 15, 2011, 11:42:06 AM
#82
I was really flabbergasted when i noticed the biggest part (like... ehh 99%? xD) was totally not interested in bitcoin and a lot of them were also actually anti-bitcoin. (with ofcourse all the arguments mentioned above)
I had hoped occupy would spread the word about bitcoin but no, on the contrary. Sad
hero member
Activity: 784
Merit: 1010
Bitcoin Mayor of Las Vegas
November 02, 2011, 10:55:44 AM
#81
1)  Bitcoin eh?  Scary.  Yeah that is the coming of the Apocolypse.  The book of revelation says we are going to have one world currency as the hosrsemen bring down the heavens.

Wow, that's awesome... Denying Bitcoin is like denying God's will.
member
Activity: 76
Merit: 10
November 02, 2011, 09:02:23 AM
#80
I think the answer is fairly straightforward and obvious.

Most people are afraid of change. Nothing effects people lives than money, so they are likely to be over sensitive about it. People have made a lot of assumptions that they believe to be concrete facts about how the money system works and they are challenged by the existence of and ideas behind bitcoin. It's also quite anarchistic in some ways which most people are not ready for either. People are used to

I like the analogy to Linux. Many software industrialists were afraid of Linux when it started to gain recognition. It was as if they felt their career was being undermined by the idea of free software; what could be worse for their income source! After 20 years some of the biggest software enterprises run on Linux and other free software based on the same fundamental open source ideas. I had faith in Linux as soon as I heard about it and that I was right, although a bit late. I have a similar faith in the bitcoin system and I hope it has as much flexibility to be able to mature nicely as it gains acceptance.

hero member
Activity: 950
Merit: 1001
November 02, 2011, 08:25:51 AM
#79
Bitcoin's biggest problem is that it's not consumer-friendly.  No one would buy anything with Bitcoin when they could use Visa, with its built-in liability protection.  Until that issue is resolved, Bitcoin will never be used for anything but money transfers and buying illegal goods.

I hope you're right. Eventually Bitcoin will support really secure built-in escrow (multisigned transactions). You'll be able to secure your purchase with any mutually trusted third party. No more trusting a handful of credit card companies.
hero member
Activity: 774
Merit: 500
Look ARROUND!
November 02, 2011, 08:22:00 AM
#78
Another strawman.  Nobody claimed bitcoin will succeed.  Nobody is hoping on rainbow wishes.

HAHAHA...yes, on a forum of bitcoin enthusiasts, no one here actually thinks it's going to succeed.  No one sold all their possessions and maxed out their credit cards to buy bitcoins.  No one built ten thousand dollars worth of mining rigs.

And if they did, it's because they know bitcoin will fail and they are just doing it for fun.  You know...the fun you get by running a program on a computer that does nothing.
hero member
Activity: 763
Merit: 500
November 02, 2011, 08:17:40 AM
#77
Bitcoin is Linux to VISA's Windows.
That's an interesting comparison! Especially, because when you look at Linux'es strenghts today, it's on the servers! So, you can think of Bitcoin as some kind of "backbone" that exposes a service and "user-friendly"
  • clients interact with those backbone services. Especially because of scaling and usability this is the most likely outlook for Bitcoin's future.
  • for me and probably many others windows isn't user friendly, but i think you get the idea.
legendary
Activity: 1264
Merit: 1008
November 02, 2011, 06:36:49 AM
#76

Two amusing answers I've heard on this topic since I started proselytizing btc:


1)  Bitcoin eh?  Scary.  Yeah that is the coming of the Apocolypse.  The book of revelation says we are going to have one world currency as the hosrsemen bring down the heavens.

2)  Bitcoin eh?  Don't touch that stuff.  Its from the paypal people who want to build an island nation. 
 



legendary
Activity: 1680
Merit: 1035
November 01, 2011, 11:29:03 PM
#75
Bitcoin's biggest problem is that it's not consumer-friendly.

I agree, and I think the idea be summed up with:

Bitcoin is Linux to VISA's Windows.
member
Activity: 84
Merit: 10
November 01, 2011, 09:47:59 PM
#74
Another strawman.  Nobody claimed bitcoin will succeed.  Nobody is hoping on rainbow wishes.

Actually people have claimed that Bitcoin will succeed. A good handful of people have made the claim of bitcoins succeeding.

And the continued use and interest in it would only exist if people felt that it would. Otherwise it would have been completely abandoned by now.
member
Activity: 70
Merit: 10
November 01, 2011, 09:47:48 PM
#73
Bitcoin's biggest problem is that it's not consumer-friendly.  No one would buy anything with Bitcoin when they could use Visa, with its built-in liability protection.  Until that issue is resolved, Bitcoin will never be used for anything but money transfers and buying illegal goods.
donator
Activity: 1218
Merit: 1079
Gerald Davis
November 01, 2011, 08:37:24 PM
#72
Don't take for granted bitcoin will succeed simply because the software is decent.  It takes a lot more than good code and rainbow wishes for a full blown currency to take off.

Another strawman.  Nobody claimed bitcoin will succeed.  Nobody is hoping on rainbow wishes.

full member
Activity: 125
Merit: 100
November 01, 2011, 08:27:18 PM
#71
donator
Activity: 1218
Merit: 1079
Gerald Davis
November 01, 2011, 05:14:18 PM
#70
Sorry for being obscure.  I am being sarcastic.

In 1958 BankOfAmerica launched BankAmericard which later became VISA.
hero member
Activity: 784
Merit: 1010
Bitcoin Mayor of Las Vegas
November 01, 2011, 05:07:07 PM
#69
It is a solid argument.  It is the reason why the BankofAmerica's experimental method of paying with digital funds launched way back in 1958 failed.  I mean why use it is it isn't widely adopted and because of that it will never be widely adopted.  Er wait VISA didn't fail and is used for billions of dollars in transactions now.

No it isn't. By that thinking, no one would have started using gold as a medium of exchange because, at the time, no one accepted it. Gold was useful, therefore it was used. Reserve notes were more useful than Gold so those were used more. Bitcoin offers a lot more function and usefulness than fiat money, so it will, in time, be used.

And I have no idea what this failed BoA thing was in the 50's, but I think it's hugely funny that you're using that as an example. Was *anything* was digital in the 50's?? Im not sure they even had numbers back then.
donator
Activity: 1218
Merit: 1079
Gerald Davis
November 01, 2011, 05:01:01 PM
#68
This part I've always found most confusing. By saying Bitcoin doesn't have services and products, I guess you are implying that USD has services and products? So, what is a product of US dollars?
Wrong question. What you should've been asking is "for what products and services is US dollars the most convenient way of buying and selling them?" The answer to that is obvious - nearly everything in the US, because everyone's costs and wage payments are in US dollars too! In fact, the US dollar is so useful that even I buy stuff using them fairly regularly, and I live in the UK.

So is this the old, "The problem with bitcoin is that it isn't widely adopted, and because of that it won't be widely adopted until it is widely adopted" argument?

It is a solid argument.  It is the reason why the BankofAmerica's experimental method of paying with digital funds launched way back in 1958 failed.  I mean why use it is it isn't widely adopted and because of that it will never be widely adopted.  Er wait VISA didn't fail and is used for billions of dollars in transactions now.
legendary
Activity: 1050
Merit: 1000
November 01, 2011, 04:22:10 PM
#67
So is this the old, "The problem with bitcoin is that it isn't widely adopted, and because of that it won't be widely adopted until it is widely adopted" argument?

That's the best argument naysayers able to produce  Cool
legendary
Activity: 1680
Merit: 1035
November 01, 2011, 03:58:25 PM
#66
This part I've always found most confusing. By saying Bitcoin doesn't have services and products, I guess you are implying that USD has services and products? So, what is a product of US dollars?
Wrong question. What you should've been asking is "for what products and services is US dollars the most convenient way of buying and selling them?" The answer to that is obvious - nearly everything in the US, because everyone's costs and wage payments are in US dollars too! In fact, the US dollar is so useful that even I buy stuff using them fairly regularly, and I live in the UK.

So is this the old, "The problem with bitcoin is that it isn't widely adopted, and because of that it won't be widely adopted until it is widely adopted" argument?
sr. member
Activity: 300
Merit: 250
BitcoinStarter.com Support Account
November 01, 2011, 11:51:42 AM
#65
That's a little tl;dr for some kids these days.  You might want to just put:
"BITCOIN
Get free money here: "

Any responsible adult would see this long before any kid does.

I could see it now! A parent finds the note and decides to Google "Bitcoin". She first sees Rassah's coffee table, members wanting to commit suicide, and a convention in Pattaya. Then she asks Jr. if he remembers which house the note came from. Jr. remembers because it's the only house that he got paper with his candy. "It's the house with the old pickup in the driveway and the orange B in the window."


this is just classic ^^ lol
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