Except PayPal isn't allowing any transactions. You can just hold. Which is great for investments, but crappy for people wanting to actually use their Bitcoin. The only think PayPal could remotely do is serve as a "gateway drug."



I echo this. Blockonomics is a pretty good service.

I'd say the biggest disadvantage is the transaction fees, they can be really high sometimes.

But that's perfectly solvable. Most of the fees can be lowered through user influence, and many of the fee hikes are politics at work that can be stopped if users make it clear they aren't happy.

Agree with this. I don't trust PayPal in anything. They will just use this to fill their pockets more, and with cash not Bitcoin.

However, it gets the message out. That's still big.

That's good! Getting more people on board, or at least dispelling notions that Bitcoin is "dark" or "bad" money is important!

I recently explained Bitcoin to my SO's mother. She knows I work in Bitcoin, but never really understood it. We had lunch a few weeks ago, and she told me she genuinely wanted to learn more. I just explained that at its basic form, it is a currency just like USD or EUR. Where it differs is the digital aspects: it has increased security and anonymity. She asked about fraud, and I pointed out that Bitcoin transactions can actually be tracked easier than cash, law enforcement can follow transactions if they know the original wallet.

Essentially, there's two approaches I use. First, I keep things nontechnical, most people don't care about the technical stuff, unless they are a tech person themselves. Explain it in basic terms, focusing on the currency and security aspects. Second, I don't defend by going on the attack. When people ask about the negatives of Bitcoin, I instead explain how Bitcoin can actually offer solutions to negative activity.

A good analogy is learning to ride a bike as a kid. Did you start with training wheels? Well start new Bitcoin users with training wheels. When they learn how to "ride," they'll start seeing the other important stuff.   

Fair enough, I haven't hung around bitcointalk much (obviously, judging from my accounts age), but I'm just basing this on the community at large. Twitter? That's toxic, especially for new people. Just look at the JK Rowling tweet and response, no one was actually taking her seriously, or were offering very outlandish metaphors (Not to say that Rowling isn't an idiot to begin with). Now yes, that was a celebrity, and a shitty one at that, but I see it all too often. Also see it on Reddit too. People think they're being helpful, but end up sounding snobbish.

As I said though, I'm too new around these particular parts to offer an opinion about here though

There are lots of people who take this propaganda seriously. What do you think Faux News has been peddling for decades? 

I've never seen anyone say "keep your Bitcoin on Coinbase." But keeping it on web wallets or app wallets isn't bad advice. The newbie isn't going to be likely doing enough to concern themselves with the increased security of a hardware wallet. Obviously they are more secure, but its about ease s security. Most new users would be fine with that.

I agree with the OP, there is a problem in the Bitcoin community with onboarding new users (one of the only good places I've seen this is r/BitcoinBeginners). The average person doesn't want to hear about overtly technical stuff, or long discussions about anonymity and security. They want to know the basics of Bitcoin, they want to know why they should get involved, and the very basic approach to do that.

I doubt this was the only reason, but it probably exasperated the fall. Bitcoin typically falls at US/European night, but not this much. The seizure of the Korean exchange just adds to it.

Inequality has existed before, and will continue to exist, but its about the degree of inequality. Right now, across the world but especially in the US it is unbearably high. It can't continue.

Re: remote work, I think the pros far outweigh the cons. As the OP mentions, it allows people in different areas to compete for high level jobs in cities they might not be able to afford to live in. In the US, it also means those with unreliable forms of transport (i.e. they don't own a car) can also compete for those jobs. The learning curve is not that high, especially as younger people keep entering the workforce.

It isn't about price at this point, its about adoption. PH won't increase price, but being able to say that a big player in arguably the most important industry  uses Bitcoin means people will think its a good thing to look into.