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Satoshi wasn't the only person to use bitcoin that early, you know. There were others.
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My worst mistake was getting involved, now I know about it and I can't unlearn bitcoin, and I will compare everything else to bitcoin.
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Bitcoin is very complicated, that's the reason why it's so secure. The easier to use we can make bitcoin, the more people will use it.
Bitcoin might be complicated in terms of code, but using it is not that complicated. You see, as time passes by, sending and receiving a transaction has been easier and more noob-friendly. Even an average person could do sending/receiving without having a hard time, The complication that you are talking starts when you get yourself involve in setting up a node or other tasks that involves technical and in-depth knowledge on how bitcoin works. In using money, you don't need to know how it works completely, you just need to know how to use it in transacting. I do think that as we make it easier to use that it's possible we are also making it less secure and taking away features. I like full-featured clients. |
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Coinut username: RGBKey
Thanks for this offer, it will let me check more of your site out.
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I don't like sites like this because I think it's bad practice to give one site a list of addresses that you own, they can be connected and it lessens your privacy.
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Having large companies associated with bitcoin is a good thing, even though IBM does seem to be falling behind other companies a bit.
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Bitcoin is very complicated, that's the reason why it's so secure. The easier to use we can make bitcoin, the more people will use it.
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The volatile price and bad press reactions would be my first guess. It would be easy for people to leave a business just because they don't like decisions like choosing to accept bitcoin. People are strange.
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..America has become the image of oppression.
I agree with you on this one. Our government and politics may not be as bad as other countries, but damn am I not proud of my country. |
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If we cap the difficulty, the network will no longer be scalable, we will have blocks every few minutes instead of 10.
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I'm not sure there's an amount that every bitcoiner should own, but rather that all bitcoiners should be spending and receiving bitcoins to support a healthy ecosystem.
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IMO even if it's banks that use blockchain technology, it's still good for us because they are using blockchain technology.
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I think it is possible for some of these up-and-comers to be competitors to bitcoin in the future but as of right now I don't see anything.
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You have to wonder why did BitPay not insist on a PGP signed email from the client when requesting so many bitcoins?
Exactly, for a cryptography centered community, you think we would take advantage of the tools given to us... |
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What if he got hit by a bus? (or something with the same result: abandoned 1 million coins.)
Well, then a lot of people would probably regard those coins as lost forever, and I would guess the price of bitcoin would probably go up. |
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I think one of the biggest problems is that it can be too technical for most average people to start using.
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It's both right now but hopefully it gets to the point where it's not an investment, just a currency. We want the volatility to go away.
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That's a good idea, but I think it will probably be pretty hard to find ALL the addresses that do this...but hopefully most of them.
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If you had any friends before you started doing this, you sure as hell don't have any now.
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That's just disgusting that they can do that to you. It's not even close to fair and doesn't feel legal to me.
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