Topic: why should common people use bitcoin? - page 2. (Read 2200 times)

So they won't have to remain common people in the Bitcoin future.

The answer to these questions will require you too do some research, it is much larger than the space of this thread and what people will be able distill into several hundred characters for you. The questions you pose are very open ended as well.

Edit: Spelling

we are currently still at the innovator/early adopter stage, the infrastructure is growing, its not quite there yet for 'granny and little pete' to use.

everyone is trying hard to get bitcoin to solve all transaction types. but right now bitcoin does solve the 'paypal' payment scenarios. where instead of sending funds to a businesses username/email. bitcoin send funds to someones QR code/address.

it solves alot of credit card and wire transfer case transactions too.

but i find that people are trying to make it so that it solves human interaction issues too. where for instance people scan a Qr code for a table number (becomes a message) EG "Starbucks store number 99887 table number 12" and then customers scans QR codes of each item of coffee, snack they want. and it forms a multisend transaction EG:

1CAf3L4te3xtracr3amblahblahblah
1Bagle3xtraCr5tyblahblahblah

.. there are many many ways to impliment it so that customers dont have to wait in lines at a cashiers desk just to make an order, but do it from the comfort of a table they spotted on their way in. and to be honest this human interaction is not what bitcoin is about. bitcoin is just the payment mechanism and the bitcoin-core team DO NOT have to even contemplate how people will use bitcoin. that is for individual businesses to develop. as a layer ontop of bitcoin. not bitcoin itself.

after all, people do wire transfers daily, but find BUSINESSES such as mastercard make it easier, its the same money going around (FIAT) but its what businesses do with it and how businesses accept it that make the difference

so in short relax. bitcoin has better usefulness then paypal, credit cards and wire transfer. all that is needed now is the infrustructure around bitcoin to develop before joe public see the benefits.

because common people need to learn to ignore drug laws too, and buy shit online they normally wouldn't (like meth).

Why they should:
One-world view toward the flow of money. Without borders, ridiculous fees and delays.

Why they shouldn't (the average joe):
Because it has no consumer protection.
Because they don't yet understand how to keep it secure.

common people didnt use the early internet too. so just wait and watch 

Yup, as with many assets, Bitcoin's safe keeping requires the consideration and means. With banks we have comfort in that they are responsible for keeping the backing of our money safe, and that they should guarantee its safe keeping, at least up to a given figure per account.

Just as with a nice car, you might want to consider storing it in a garage with cameras, an alarm, immobiliser etc.

Whenever we have something of value, we need to consider its safe keeping, and with Bitcoin that presents a problem to the "average Joe" at the moment in time. But it goes further, Bitcoin's volatile market price is off-putting to many people.

I personaly think the whole idea of average joe using bitcoin is bad.
Bitcoin should be a privilege asset, like gold, for storing value, not as an everyday spending money..

Also, when u think about average american's inteligence, can you honestly say that its a good idea?
They would all get their wallets stolen in a matter of days.

Cheers

People should use Bitcoin if they have a need to do so, or can benefit in doing so with little cost (effort, time, monetary etc).

As the technology becomes more popular, more applications are created and more merchants accept the payment, you will see a reduction in some of the cost as previously defined.

Right now, if people don't know much about Bitcoin, or whether it can benefit them then they shouldn't use it - though they should be educated in an engaging manner.

Iwant to know your opinion briefly. Consider tthat common people want easy to use things, common people don't know a lot of technology, common people use apple because android is to complicated and dangerous. So I am talking of this kind of people. Why should they use bitcoin? what would be their real advantage (and saving few dollars in bank fee is not so big advantage)? how would they use bitcoin? in which kind of transaction would they have a real benefit over actual systems so to use bitcoin?