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[RealBitcoin]

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[oblivi]

I think the main problem with Bitcoin is people is too dumb the see the necessity for it, so most people will keep using fiat currencies because most people don't have a problem with it, only people whose see a real necessity to use Bitcoin (beyond buying it and holding as an investment) will actively use it. Other than that we'll need more time to see the fiat system collapse more to get Bitcoin in the starlight. And anyway people will end up using it even if they don't know they are using it so we already winning as early holders. You are basically investing in the base of the next gen infrastructure by holding BTC.

[Netnox]

You can't go big promoting Bitcoin to mainstream while network can't handle a significant amount of users. Apart from that Bitcoin imo is working flawlessly.

[RealBitcoin]

You can't go big promoting Bitcoin to mainstream while network can't handle a significant amount of users. Apart from that Bitcoin imo is working flawlessly.

Then we need to resolve the blocksize debate ASAP.

But even after that, new users won't just spawn out of nowhere and make bitcoin a global currency overnight. They will join us slowly, but for bitcoin to really kickoff we need my issues to be resolved too.

Especially point 2) that i made, that one is very critical.


Most guys are for-profit here, and not everyone is a speculator/investor, most people join from poor places and want to earn bitcoin by their labour & skills, and not by buying/investing it.

[Finchy]

I consider myself a bitcoin intellectual, and I`m always wondering how can I help the bitcoin economy with my ideas, which I got plenty of. So I was thinking 2 days about why bitcoin (or for that matter other altcoins) is not mainstream yet, and what issues it needs to overcome to be able to grow faster. Some issues that I discovered are practical, while others need the entire community's support in order to work.

So here are the issues I discovered with bitcoin, it's economy, why it is not mainstream yet:

I think your points are valid but the main issue with bitcoin achieving mainstream adoption is just sadly the general public have no use or desire to use bitcoin. To them it offers them nothing worth taking the time to acquire it. I think over time some industries will adopt it but it's going to take time. Even things like computers the internet and mobile phones didn't become mainstream over night and we will have a similar journey.

[RealBitcoin]

I consider myself a bitcoin intellectual, and I`m always wondering how can I help the bitcoin economy with my ideas, which I got plenty of. So I was thinking 2 days about why bitcoin (or for that matter other altcoins) is not mainstream yet, and what issues it needs to overcome to be able to grow faster. Some issues that I discovered are practical, while others need the entire community's support in order to work.

So here are the issues I discovered with bitcoin, it's economy, why it is not mainstream yet:

I think your points are valid but the main issue with bitcoin achieving mainstream adoption is just sadly the general public have no use or desire to use bitcoin. To them it offers them nothing worth taking the time to acquire it. I think over time some industries will adopt it but it's going to take time. Even things like computers the internet and mobile phones didn't become mainstream over night and we will have a similar journey.

I dont think they dont have a desire, they do but they either dont care enough yet (due to laziness or lack of marketing stimulus) or they dont know about it / dont understand it.

This is not like we are inventing the wheel here, we already got a financial system, bitcoin is just an upgrade.

Its like you replace your old black & white phone with touch-screen smartphone. It was done in less than 10 years, and no new phone was invented, only the old phone was upgraded.

The same way we already got people used to online banking & finance, we only need to upgrade that into bitcoin, and with good marketing & promotion we can also achieve that in less than 10 years.

[oblivi]

You can't go big promoting Bitcoin to mainstream while network can't handle a significant amount of users. Apart from that Bitcoin imo is working flawlessly.

Then we need to resolve the blocksize debate ASAP.

But even after that, new users won't just spawn out of nowhere and make bitcoin a global currency overnight. They will join us slowly, but for bitcoin to really kickoff we need my issues to be resolved too.

Especially point 2) that i made, that one is very critical.


Most guys are for-profit here, and not everyone is a speculator/investor, most people join from poor places and want to earn bitcoin by their labour & skills, and not by buying/investing it.

I think the adoption should happen naturally. I am a proposal of bigger blocks but not at the expense of losing the possibility of decentralized nodes. Even with millions of people using Bitcoin, if Bitcoin's nodes can only be run in specialized servers and people at home can't run a node, that would mean the original idea of Bitcoin as p2p money failed, so we must know what we are doing before putting it in practice.

[maokoto]

Great post, and I agree with most of it, but most of all with the "Bitcoin earning opportunities" section. That is what got me into Bitcoin and what gets many people in. It has took me lots of research and effort to earn Bitcoins and still many of my earnings come from risky methods (high yield investments) and from regular paid ads put on my blog.

The microtask potential of Bitcoin (to pay fractions of a cent for doing small tasks) is underdeveloped.

[s.mouse]

I consider myself a bitcoin intellectual, and I`m always wondering how can I help the bitcoin economy with my ideas, which I got plenty of. So I was thinking 2 days about why bitcoin (or for that matter other altcoins) is not mainstream yet, and what issues it needs to overcome to be able to grow faster. Some issues that I discovered are practical, while others need the entire community's support in order to work.

So here are the issues I discovered with bitcoin, it's economy, why it is not mainstream yet:

I think your points are valid but the main issue with bitcoin achieving mainstream adoption is just sadly the general public have no use or desire to use bitcoin. To them it offers them nothing worth taking the time to acquire it. I think over time some industries will adopt it but it's going to take time. Even things like computers the internet and mobile phones didn't become mainstream over night and we will have a similar journey.

I dont think they dont have a desire, they do but they either dont care enough yet (due to laziness or lack of marketing stimulus) or they dont know about it / dont understand it.

This is not like we are inventing the wheel here, we already got a financial system, bitcoin is just an upgrade.

Its like you replace your old black & white phone with touch-screen smartphone. It was done in less than 10 years, and no new phone was invented, only the old phone was upgraded.

I don't really think this is a worthy comparison and is very extreme. It's like swapping your phone for a slightly different model but one that doesn't benefit you at all so you think why bother. This is how most people will feel because bitcoin doesn't really offer my parents or grandparents anything at all. Why would they benefit from using it currently? Sure it's great for the politically minded and us but for every one else it's probably just a liability and unnecessary.

[RealBitcoin]

I consider myself a bitcoin intellectual, and I`m always wondering how can I help the bitcoin economy with my ideas, which I got plenty of. So I was thinking 2 days about why bitcoin (or for that matter other altcoins) is not mainstream yet, and what issues it needs to overcome to be able to grow faster. Some issues that I discovered are practical, while others need the entire community's support in order to work.

So here are the issues I discovered with bitcoin, it's economy, why it is not mainstream yet:

I think your points are valid but the main issue with bitcoin achieving mainstream adoption is just sadly the general public have no use or desire to use bitcoin. To them it offers them nothing worth taking the time to acquire it. I think over time some industries will adopt it but it's going to take time. Even things like computers the internet and mobile phones didn't become mainstream over night and we will have a similar journey.

I dont think they dont have a desire, they do but they either dont care enough yet (due to laziness or lack of marketing stimulus) or they dont know about it / dont understand it.

This is not like we are inventing the wheel here, we already got a financial system, bitcoin is just an upgrade.

Its like you replace your old black & white phone with touch-screen smartphone. It was done in less than 10 years, and no new phone was invented, only the old phone was upgraded.

I don't really think this is a worthy comparison and is very extreme. It's like swapping your phone for a slightly different model but one that doesn't benefit you at all so you think why bother. This is how most people will feel because bitcoin doesn't really offer my parents or grandparents anything at all. Why would they benefit from using it currently? Sure it's great for the politically minded and us but for every one else it's probably just a liability and unnecessary.

What do you mean it doesnt benefit us at all?

Bitcoin is better in any shape or form that the current banking system.

The only issue i see for consumers is the lack of stores accepting it + the points I addressed in post #1 which is tied o point 1) somewhat.

Yes they wont use it if they cant spend it, and its hard to buy with all the KYC requirements, but other than that its much better in any aspect.

I know people are dumb and lazy, thats why we need to address my point, and with that we can overcome the inertia of the masses.

[Kprawn]

In my opinion the wallet service providers need to be incorporated with major Bitcoin sites. When you join a new game, and you know nothing about Bitcoin... you account

creation should be seamlessly created for you, with one of the web wallet servers. People should only learn about Bitcoin when they realize it is real money and they can buy

at 150 000 merchants worldwide. People are getting more lazy and wants things easy... They do not want to learn about Bitcoin in 15 hours of research.. Make it simple. 

[JensS]

I consider myself a bitcoin intellectual, and I`m always wondering how can I help the bitcoin economy with my ideas, which I got plenty of. So I was thinking 2 days about why bitcoin (or for that matter other altcoins) is not mainstream yet, and what issues it needs to overcome to be able to grow faster. Some issues that I discovered are practical, while others need the entire community's support in order to work.

So here are the issues I discovered with bitcoin, it's economy, why it is not mainstream yet:

I think your points are valid but the main issue with bitcoin achieving mainstream adoption is just sadly the general public have no use or desire to use bitcoin. To them it offers them nothing worth taking the time to acquire it. I think over time some industries will adopt it but it's going to take time. Even things like computers the internet and mobile phones didn't become mainstream over night and we will have a similar journey.

I dont think they dont have a desire, they do but they either dont care enough yet (due to laziness or lack of marketing stimulus) or they dont know about it / dont understand it.

This is not like we are inventing the wheel here, we already got a financial system, bitcoin is just an upgrade.

Its like you replace your old black & white phone with touch-screen smartphone. It was done in less than 10 years, and no new phone was invented, only the old phone was upgraded.

I don't really think this is a worthy comparison and is very extreme. It's like swapping your phone for a slightly different model but one that doesn't benefit you at all so you think why bother. This is how most people will feel because bitcoin doesn't really offer my parents or grandparents anything at all. Why would they benefit from using it currently? Sure it's great for the politically minded and us but for every one else it's probably just a liability and unnecessary.

What do you mean it doesnt benefit us at all?

Bitcoin is better in any shape or form that the current banking system.

The only issue i see for consumers is the lack of stores accepting it + the points I addressed in post #1 which is tied o point 1) somewhat.

Yes they wont use it if they cant spend it, and its hard to buy with all the KYC requirements, but other than that its much better in any aspect.

I know people are dumb and lazy, thats why we need to address my point, and with that we can overcome the inertia of the masses.

I think point 2 is the main issue.

The majority of people need to first go through the hassle of buying Bitcoins in order to spend them, which doesn't make any sense...

[S4VV4S]

In my opinion the wallet service providers need to be incorporated with major Bitcoin sites. When you join a new game, and you know nothing about Bitcoin... you account

creation should be seamlessly created for you, with one of the web wallet servers. People should only learn about Bitcoin when they realize it is real money and they can buy

at 150 000 merchants worldwide. People are getting more lazy and wants things easy... They do not want to learn about Bitcoin in 15 hours of research.. Make it simple. 

That is true.
There are a lot of examples of that with the biggest being Windows over Linux.

[s.mouse]

Bitcoin is better in any shape or form that the current banking system.

The only issue i see for consumers is the lack of stores accepting it + the points I addressed in post #1 which is tied o point 1) somewhat.

Yes they wont use it if they cant spend it, and its hard to buy with all the KYC requirements, but other than that its much better in any aspect.

I know people are dumb and lazy, thats why we need to address my point, and with that we can overcome the inertia of the masses.

Is it? Ideally it would be better, but currently it's not. You can't just say it's better and offer no reasons why. Tell me why would my parents or grandparents want to use bitcoin? Heck, why would my friends even want to use it? It loses value more than it gains. If you get hacked your money is gone for good. You can barely buy anything with it. Why would they use bitcoin when they can just send paypal around the world without fees too and they're covered of anything goes wrong. Bitcoin isn't this magic perfect money machine as much as we want it to be and we need to accept that currently the 99% of people have no use or benefit from it whatsoever and thats going to be the big problem and why I made the phone comparison. People don't need to upgrade their phone if the new one doesn't really offer them any noticeable benefits. There are certainly benefits for certain industries like the remittance market but that's no use to anybody I know.

[brg444]

Promotion campaigns.... will you people stop trying to turn Bitcoin into a startup ?

Bitcoin as a consumer retail product is currently incapable of competing with traditional alternatives and it will remain so for a couple of years.

Stop trying to sell regular joes onto Bitcoin it will never work. They really don't care and they are very happy with their fiat.

[Amph]

Promotion campaigns.... will you people stop trying to turn Bitcoin into a startup ?

Bitcoin as a consumer retail product is currently incapable of competing with traditional alternatives and it will remain so for a couple of years.

Stop trying to sell regular joes onto Bitcoin it will never work. They really don't care and they are very happy with their fiat.

then the only hope to turn average joe to bitcoin, is waiting in the fiat collapse, i'm sure there is something around other than the hope route

primarily you do not need to export all people from fiat to bitcoin, but you need to catch the interest of the most influent, the minus ones will follow

secondarily bitcoin can aim at being a simply good and effective, alternative, for those who hate fiat, which i'm sure will grow in number

[brg444]

Promotion campaigns.... will you people stop trying to turn Bitcoin into a startup ?

Bitcoin as a consumer retail product is currently incapable of competing with traditional alternatives and it will remain so for a couple of years.

Stop trying to sell regular joes onto Bitcoin it will never work. They really don't care and they are very happy with their fiat.

then the only hope to turn average joe to bitcoin, is waiting in the fiat collapse, i'm sure there is something around other than the hope route

primarily you do not need to export all people from fiat to bitcoin, but you need to catch the interest of the most influent, the minus ones will follow

secondarily bitcoin can aim at being a simply good and effective alternative, for those who hate fiat, which i'm sure will grow in number

You are getting close...

Bitcoin will be adopted by rich and wealthy long before "maintstream" catches on to it. By all account this accumulation has already started and should continue.

Don't be concerned with selling Bitcoin to the masses as if somehow that is what will give it value. The masses in general are not so wealthy and even combined the capital they can trust into Bitcoin is infinitely small compared to the 1%.

The 1% don't need apps, promotions campagains, newbie guides, search engines or MORE TRANSACTIONS. Bitcoin as it exist now, as a deflationary censorship resistant store of wealth will serve their interest perfectly as the existing economy erodes and they make their way for the exit.

[RealBitcoin]

You are getting close...

Bitcoin will be adopted by rich and wealthy long before "maintstream" catches on to it. By all account this accumulation has already started and should continue.

Don't be concerned with selling Bitcoin to the masses as if somehow that is what will give it value. The masses in general are not so wealthy and even combined the capital they can trust into Bitcoin is infinitely small compared to the 1%.

The 1% don't need apps, promotions campagains, newbie guides, search engines or MORE TRANSACTIONS. Bitcoin as it exist now, as a deflationary censorship resistant store of wealth will serve their interest perfectly as the existing economy erodes and they make their way for the exit.

Good point there, i forgot the herd mentality.

Its obvious that the rich will join the boat first, they always do, they are opportunists, thats why they are rich.

And after they made alot of money, the sheep will then follow their leaders too and join.



However we can accelerate this process, i dont really want to wait 20 years for bitcoin to start, when it can be done in 3-7 years.

[OmegaStarScream]

I couldn't agree more on few points that you mentioned , really .
Now for what comes to the games for example , Most games are related to Xbox which means Microsoft accounts or PS4 which means Sony or PC which means Steam , so those companies need to start accepting bitcoin or we have no chance I assume , and Gabe already stated on the past that they may not use Bitcoin or cryptoo currency in general (at least not soon) .

For what comes to mobile apps we can't deny the fact they have millions of users aswell however those games are related to either Google Play or AppStore and both those two don't accept Bitcoin for in-game purshase and as far as I know both of them never stated anything about Bitcoin so I don't see any intention on strating accepting BTC very soon .
What we should do is make a website like GooglePlay and AppStore with our own games (we need developpers for that) and those games will accept Bitcoi nas payment method only .

Now for earning Bitcoin part , there is a lot of possibilities honestly and the biggest could be Freelancer website that accept Bitcoin only (there is some but they have no advertising or anything so no one really use them)  because there is no such as thing till now (Fiverr isn't really considered as Freelance website IMO) .

[brg444]

You are getting close...

Bitcoin will be adopted by rich and wealthy long before "maintstream" catches on to it. By all account this accumulation has already started and should continue.

Don't be concerned with selling Bitcoin to the masses as if somehow that is what will give it value. The masses in general are not so wealthy and even combined the capital they can trust into Bitcoin is infinitely small compared to the 1%.

The 1% don't need apps, promotions campagains, newbie guides, search engines or MORE TRANSACTIONS. Bitcoin as it exist now, as a deflationary censorship resistant store of wealth will serve their interest perfectly as the existing economy erodes and they make their way for the exit.

Good point there, i forgot the herd mentality.

Its obvious that the rich will join the boat first, they always do, they are opportunists, thats why they are rich.

And after they made alot of money, the sheep will then follow their leaders too and join.



However we can accelerate this process, i dont really want to wait 20 years for bitcoin to start, when it can be done in 3-7 years.

Seeing as the current financial system is likely headed for a collapse in the coming years you won't have to wait that long. Be careful overselling people on Bitcoin as we are now experiencing the damage false expectations can have in regard to the block size debate and the anger of those who thought Bitcoin was a replacement for VISA.

Undersell, overdeliver.