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Author Topic: Why BTC hasn't and wont hit the mainstream:  (Read 7724 times)
Coma
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June 03, 2011, 11:50:42 AM
 #61


People buys the current financial system not because it's fundation are conceptually different than Bitcoin, but because that system fed, dressed and entertain them since they were babies. If someone is going to be pulled off that system, it won't be without deep explanations or with an insanely slow progress through decades and decades.

IMHO


Insanely slow progress and growth for decades and decades (though still exponential) it is than. Works for me.


Seems to be a realistic and desirable scenario.
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ChristianK
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June 03, 2011, 12:19:29 PM
 #62

I really don't like Facebook, but I was wondering if that might be a good fraud reduction check. If they have a sufficiently old and active FB account with details that match the card it is very unlikely to be a stolen card. Plus you could combine that with FB Bitcoin activism.
If someone hacks computer for gathering credit card information do you really think that they have a problem to get old and active FB accounts?
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February 12, 2018, 02:24:59 PM
 #63

Before we can BlockChain the world we need to simplify access
https://medium.com/@coinmetro/before-we-can-blockchain-the-world-we-need-to-simplify-access-20091aea13f4

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monkeydominicorobin
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February 12, 2018, 02:37:48 PM
 #64

The whole system is nerd freindly only.

Seriously, if we want to go mainstream, there has to be some sort of user friendly program that can manage everything in a way our grandmother can understand it. Until then, BTC will be used for money laundering and illegal transactions until then.

My paraphrased thoughts.

It is suppose to be nerd friendly. To prove that being ignorant of tech will be your greatest downfall. Mainstream is for the ignoramus. Remember that.

Hexcolyte
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February 12, 2018, 02:51:02 PM
 #65

The whole system is nerd freindly only.

Seriously, if we want to go mainstream, there has to be some sort of user friendly program that can manage everything in a way our grandmother can understand it. Until then, BTC will be used for money laundering and illegal transactions until then.

My paraphrased thoughts.

It is suppose to be nerd friendly. To prove that being ignorant of tech will be your greatest downfall. Mainstream is for the ignoramus. Remember that.

To become mainstream we should also consider those under-educated people, at least for now, maybe in the future everyone become "nerd". Being nerd friendly is fine, but to achieve mass adoption it should become as user-friendly as possible.
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February 12, 2018, 02:55:22 PM
 #66

Its not just Bitcoin, its all Cryptocurrencies. For some Cryptos you have to almost be an IT Specialist. So you are right, if its not much easier to handle cryptocurrencies, it will be hard to get it for the mainstream. I mean which normal person who has no idea about cryptos could sell a coin on etherdelta or any other exchange? Need a lot of experience in cryptos before you can trade. So it has to be a lot easier before it will hit the mainstream.
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February 12, 2018, 02:56:45 PM
 #67

Once private keys aren't so fragile, btc and other cryptos will be mainstream.
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February 18, 2018, 12:05:57 AM
 #68

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January 18, 2021, 06:46:46 PM
 #69

NFTs could help to bring crypto to mainstream:
https://dclblogger.com/nba-topshot-hits-1m-daily-sales-volume-first-nft-collectible-project-that-hits-mainstream/

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January 29, 2021, 11:49:22 PM
 #70

The point is not that BTC is losing its relevance, but that people do not understand it. As practice shows. What they don't understand, they avoid
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January 29, 2021, 11:56:10 PM
 #71

The point is not that BTC is losing its relevance, but that people do not understand it. As practice shows. What they don't understand, they avoid

it will take time before they can truly understand how bitcoin works or how crypto will truly help them in every day life. but i strongly believe that it will take one btc or crypto transaction to appreciate what crypto can offer to them. and its true, if you are ignorant with something, you tend to avoid. but it is only a matter of time before noncrypto users will appreciate the strength of blockchain tech

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