[2016-04-23] The Role of Bitcoin In A Digital Cash Society

[jdebunt]

There is a particular tradeoff to be made between full financial control and little anonymity, compared to hand-holding and no transparency whatsoever. For some unknown reason, most of the consumers seem to prefer the latter, despite them trusting banks a lot less in recent years. Mental barriers are a valid excuse, but there will be a point where consumers have to make a choice and deal with the consequences.

http://themerkle.com/the-role-of-bitcoin-in-a-digital-cash-society/