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Author Topic: could some one please relay this to evoorhees, ".. An insider's opinion ..."  (Read 346 times)
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April 08, 2013, 07:26:54 PM

Hi Evoorhees

Nice post this one  An insider's opinion on the crazy Bitcoin market

I have some questions assuming that you and other insiders want this Bitcoin to succeed as a libertarian / freedom (from central bank) experiment

My questions :

1. How will a common man / woman use it IF the only ways to buy is are (a) be a geek with huge processing power or (b) be able to shell out something like approx $200 per bit coin at such an early stage of the game ....meaning when bread and butter aren't available for bit coin

2. If this is the level of technical competence needed to open a bank account ... ok call it wallet on your machine, how will the non geek 90+% of population every get to use it ... ?

3. If this is the level of hardware and software dependence for *in*-dependance, i.e. monetary independance, I am NOT sure what to say ? has the world gone real crazy or what ?

4. Do the non tech / sane ones here believe that Bit coins will really become mainstream ? in 3 years ? 5 years ? 10 ... ? 15 years ? if so how does it cross the technical divide ? or the "not-so-competent" expected to leap-frog into competence or ?

5. IF not , i.e. IF bitcoin will fail, what's next ? or who's the next candidate ? ok if you tell me it's too early to release that publically, at least have you insiders / seniors .... have you started thinking ?

6. yes if Bitpay and MtGox are shut down , something else may start in 3 ~ 6 months. But where ? in which country ? hopefully in some other large "market" country .. right ? Say Germany, Say UK, Say Malaysia .... , Say ______(any large market country) and what's the guarantee that the government there will NOT shut down MtGox equivalent ?

actually there are far more questions than answers


Coin Crazy

edit : sorry I had to post here because I do NOT seem to have access to the forum evoorhees posts on
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