Bitcoin Forum
June 20, 2024, 02:31:09 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: November 13, 2018, 09:21:35 PM
We just need to have more online stores or even physical stores to start accepting bitcoin as money. Once that happens, then it can really be considered as a "real" currency. When that time comes then it will be more beneficial to us with its decentralized character instead of the current banking system.
2  Bitcoin / Bitcoin Discussion / Re: WHICH CONCEPTS WOULD YOU HIGHLIGHT THE MOST WHILE EXPLAINING BITCOIN? on: November 13, 2018, 09:13:26 PM
Most people are still confused by the 'decentralized' nature of bitcoin, so in order for them to be more curious, I'll just say that there isn't a central authority issuing bitcoins, unlike the money that they are using today. So, this would be what I'll tell them: Bitcoin is digital money, but unlike your 'real' money, no central authority issues it, just a group of people with the hardware capabilities to 'mint' new bitcoins by solving complex puzzles. They'd be more interested on the "no central authority" phrase rather than "decentralized" trust me.
This is a great way to explain bitcoin to anyone new to it or basically anyone who is not yet familiar with it. I'm going to use this! Thanks.
3  Bitcoin / Bitcoin Discussion / Re: One YEAR of GRIEF LOOSING BITCOIN on: November 13, 2018, 09:05:34 PM
I wish I wouldn't fall into scams. Could you tell what exactly happened?
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!