1992

[JayCoDon]

I actually don't believe that bitcoin is going to gain widespread adoption. I don't expect everyone to get a wallet. At least, not in its current version. The majority of people don't want to know what finance is. They don't care how their bank account works so long as it does. They don't care how money gets from point A to point B so long as it does. Therefore, mass adoption will mean no one actually knows that they are relying on Bitcoin.

[oblivi]

I actually don't believe that bitcoin is going to gain widespread adoption. I don't expect everyone to get a wallet. At least, not in its current version. The majority of people don't want to know what finance is. They don't care how their bank account works so long as it does. They don't care how money gets from point A to point B so long as it does. Therefore, mass adoption will mean no one actually knows that they are relying on Bitcoin.

Yeah we'll probably have infrastructures running their stuff through Bitcoin and everyone will be using it without realizing it. I think young people in social media will be all over it tho. If you have a big instagram audience for example, it would be so damn easy to get donations. All these hot girls with thousands of followers are going to be BTC rich in the future...

[LiteCoinGuy]

it is too easy to say that this will be the next big thing.  As soon as someone starts saying that I start thinking that maybe it won't happen

no 

https://www.youtube.com/watch?v=lskpNmUl8yQ

[spazzdla]

I actually don't believe that bitcoin is going to gain widespread adoption. I don't expect everyone to get a wallet. At least, not in its current version. The majority of people don't want to know what finance is. They don't care how their bank account works so long as it does. They don't care how money gets from point A to point B so long as it does. Therefore, mass adoption will mean no one actually knows that they are relying on Bitcoin.

I think this is going to be the driver for Bitcoin if there ever is one.  Our current system is in crazy ass land..

.25% ?!? WTF..

[MNDan]

I don't think this analogy really works that well. The utility of email, the internet, and cell phones is a no-brainer - they all allowed people to do things easily that they couldn't do before they existed. We can already move money around quite easily and there aren't a lot of roadblocks in the modern world to saving, protecting, and spending money. It's more expensive than it should be, but people are generally able to do everything they like with money so no one is clamoring for a new, better way. In fact, in the age of computer hackers getting into most everything, no one wants to worry about having all of their wealth stored on a hackable device. They want it in a bank and insured.

3rd world countries are obviously a different story, but for the modern world Bitcoin just isn't providing that much utility that doesn't already exist.

[crazyivan]

This is why we have early adopters and late adopters. Late adopters usually get nothing.

[findftp]

I actually don't believe that bitcoin is going to gain widespread adoption. I don't expect everyone to get a wallet. At least, not in its current version. The majority of people don't want to know what finance is. They don't care how their bank account works so long as it does. They don't care how money gets from point A to point B so long as it does. Therefore, mass adoption will mean no one actually knows that they are relying on Bitcoin.

Bitcoin will only have world adoption when the current financial system collapses.
Then people will look for a robust alternative.
Problem -> reaction -> solution

[findftp]

I don't think this analogy really works that well. The utility of email, the internet, and cell phones is a no-brainer - they all allowed people to do things easily that they couldn't do before they existed. We can already move money around quite easily and there aren't a lot of roadblocks in the modern world to saving, protecting, and spending money. It's more expensive than it should be, but people are generally able to do everything they like with money so no one is clamoring for a new, better way. In fact, in the age of computer hackers getting into most everything, no one wants to worry about having all of their wealth stored on a hackable device. They want it in a bank and insured.

3rd world countries are obviously a different story, but for the modern world Bitcoin just isn't providing that much utility that doesn't already exist.

HAHAHAHAHA.
I'll ask some people from zimbabwe and cyprus about this advice....

[biggus dickus]

This is why we have early adopters and late adopters. Late adopters usually get nothing.

I think he's right about the analogy not really working that well. Early cell phone adopters got a giant brick sized phone for the price of a small car. Late cell phone adopters got a tiny slimline sized phone for $10.

On the other hand early Bitcoin adopters got $1 million worth of coins for a $1 investment, and later adopters could only dream of getting that.

[JayCoDon]

I actually don't believe that bitcoin is going to gain widespread adoption. I don't expect everyone to get a wallet. At least, not in its current version. The majority of people don't want to know what finance is. They don't care how their bank account works so long as it does. They don't care how money gets from point A to point B so long as it does. Therefore, mass adoption will mean no one actually knows that they are relying on Bitcoin.

Bitcoin will only have world adoption when the current financial system collapses.
Then people will look for a robust alternative.
Problem -> reaction -> solution

And I don't believe there is going to be a financial system collapse anytime soon. I do believe, though, that people in other parts of the world will start to benefit from the technology. The ability for me to send money to India in 10 minutes is incredible in comparison to other tools.

If the current financial system collapses, I don't see the mobile phone providers keeping their networks up and I don't see ISP's keeping their network up. Then what will happen to bitcoin?

[biggus dickus]

I actually don't believe that bitcoin is going to gain widespread adoption. I don't expect everyone to get a wallet. At least, not in its current version. The majority of people don't want to know what finance is. They don't care how their bank account works so long as it does. They don't care how money gets from point A to point B so long as it does. Therefore, mass adoption will mean no one actually knows that they are relying on Bitcoin.

Bitcoin will only have world adoption when the current financial system collapses.
Then people will look for a robust alternative.
Problem -> reaction -> solution

And I don't believe there is going to be a financial system collapse anytime soon. I do believe, though, that people in other parts of the world will start to benefit from the technology. The ability for me to send money to India in 10 minutes is incredible in comparison to other tools.

If the current financial system collapses, I don't see the mobile phone providers keeping their networks up and I don't see ISP's keeping their network up. Then what will happen to bitcoin?

As far as I'm aware most of the Cyprus based mobile phone providers and ISP's kept their networks up during the Cyprus financial crisis. People had strict limits set on what they could withdraw from their own bank accounts. If the ISP's networks go down in a future crisis it would be possible to travel to a country with functioning networks and spend Bitcoins from there.

[Gleb Gamow]

"Are you saying that by 1992 I'll be able to mine bitcoins with this shoe simply by walking over to 99's apartment? What next? Light bulbs?"

[bryant.coleman]

According to this graph, everybody who is currently involved in bitcoin is still an innovator. Not even close to 2,5% of the population is using bitcoin at the moment.

By 2050, the world population will touch 10 billion. If Bitcoin becomes a worldwide currency (like the USD or the Euro), then we can assume that by that time some 5 billion people will be using it. So the figures will be:

Innovators: 125 million (right now, we have 1 million people who use BTC)
Early adopters: 675 million
Early Majority: 1.7 billion
Late Majority: 1.7 billion
Laggards: 0.8 billion

[ajareselde]

This is why we have early adopters and late adopters. Late adopters usually get nothing.

If the question you are asking to yourself is; are people still early adopters today, then i believe the answer is yes.
OP made a nice comparison to advancing service that once was considered futile, but look at it now, and furthermore, unlike e-mail , people can
profit a great deal out of bitcoin by investing, but still allow people who just want to make transaction to make that transaction they need to make with virtually no cost.

cheers

[Kakmakr]

I actually don't believe that bitcoin is going to gain widespread adoption. I don't expect everyone to get a wallet. At least, not in its current version. The majority of people don't want to know what finance is. They don't care how their bank account works so long as it does. They don't care how money gets from point A to point B so long as it does. Therefore, mass adoption will mean no one actually knows that they are relying on Bitcoin.

All these hot girls with thousands of followers are going to be BTC rich in the future...

I can already see it. <You have hot girls on a live streamium and a tipping system built in for viewers to do live tipping>
Like in a strip show, where the guys give cash, and the more they pay, the more clothing gets removed. The perv's will pay their salaries to these hot girls, to go completely naked. Stuff like this will happen, because people are getting bored with what is out there at the moment and they want a interactive experience within their own homes for more privacy.

Who is going to pay me for the idea? I want royalties. Let the Satoshi's fly!