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Author Topic: We got trust issues...  (Read 1279 times)
Mitchell
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October 12, 2013, 09:18:48 AM
 #21

Well, this is one of the reason that I want to start a BitCoin Store in my hometown when I get rich Grin
That way people could come in, buy BitCoins at the counter, check their account on one of the computers, buy merchandise and so on.

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November 12, 2013, 04:03:23 AM
 #22

This is a great thread.  My conception -- still in betabetabeta -- is a partial return to the librtarian roots of altcoining.

'P-WIP' means peer to peer, website, internet-banking, phone. We will have a local and national focus. Trade altcoins in packets of good size. Sell 'mini-bullion.'

Any Australians here?  Give mark a ring. ( he is low vision. Phone is good.)

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November 12, 2013, 04:28:29 AM
 #23

As far as ease of use is concerned, I think companies like Coinbase and inputs.io are doing an excellent job of making it simple and easy for people to create accounts and deposit money. This is the type of trust I'm talking about - easy to register, user friendly website, helpful in explaining bitcoin, etc. They are the future of Bitcoin.
Easy, convenient, trustworthy, user friendly, social. Glad you like them ...    Sad


 
 
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November 12, 2013, 04:30:03 AM
 #24

As far as ease of use is concerned, I think companies like Coinbase and inputs.io are doing an excellent job of making it simple and easy for people to create accounts and deposit money. This is the type of trust I'm talking about - easy to register, user friendly website, helpful in explaining bitcoin, etc. They are the future of Bitcoin.
Easy, convenient, trustworthy, user friendly, social. Glad you like them ...   Sad


Haha, no. Inputs.io just got hacked and is now in debt of 4,100 bitcoins!

Wipeout2097
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November 12, 2013, 04:38:04 AM
 #25

As far as ease of use is concerned, I think companies like Coinbase and inputs.io are doing an excellent job of making it simple and easy for people to create accounts and deposit money. This is the type of trust I'm talking about - easy to register, user friendly website, helpful in explaining bitcoin, etc. They are the future of Bitcoin.
Easy, convenient, trustworthy, user friendly, social. Glad you like them ...   Sad


Haha, no. Inputs.io just got hacked and is now in debt of 4,100 bitcoins!
I'm SO glad I'm paranoid with money and not even considered this garbage in my wildest dreams! Seriously, after mining and trading alts, it starts to get on my nerves to see accumulating more than 0.05 - 0.1 BTC at the exchange. Why the hell would I deposit in an online wallet for no purpose at all???


 
 
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greenlion
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November 12, 2013, 04:43:30 AM
 #26

First post here, pretty new to the Bitcoin scene. So I think (like most of you) the bitcoin movement is a fascinating experiment, but is too disorganized and not well polished enough to engender trust on a large, consumer scale. Not everyone is familiar with cryptography and is comfortable with using a string of random digits to use as their personal checking account. In many ways, it is (ironically) similar to a unique bank routing number, but the fact that it is not registered or tied to any one particular "trustworthy" party ends up spooking people. One of the reasons many people trust their very own banking institutions is because of the FDIC's $250,000 guarantee, i.e. it's government insured. Also, when you go to a bank, you can see and speak to an actual representative...The problem with Bitcoin, of course, is that its basic function almost mandates a disconnect from traditional banking sources. So how do we resolve this and foster more confidence in the system?

What you're talking about has nothing to do with any features of Bitcoin itself.

It has to do with the emerging financial services industries that are and will continue emerging around Bitcoin.
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November 12, 2013, 04:51:30 AM
 #27

The trust in Bitcoin is backed by math, not financial institutions.

It is OK if the average person does not trust Bitcoin yet, because frankly, we would not be able to handle the transaction volume.

BTW web wallets have a long history of being well-polished scams. See: "Mybitcoin"

James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE  0A2F B3DE 81FF 7B9D 5160
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November 12, 2013, 08:15:21 AM
 #28

As far as ease of use is concerned, I think companies like Coinbase and inputs.io are doing an excellent job of making it simple and easy for people to create accounts and deposit money. This is the type of trust I'm talking about - easy to register, user friendly website, helpful in explaining bitcoin, etc. They are the future of Bitcoin.
Easy, convenient, trustworthy, user friendly, social. Glad you like them ...   Sad


Haha, no. Inputs.io just got hacked and is now in debt of 4,100 bitcoins!
I'm SO glad I'm paranoid with money and not even considered this garbage in my wildest dreams! Seriously, after mining and trading alts, it starts to get on my nerves to see accumulating more than 0.05 - 0.1 BTC at the exchange. Why the hell would I deposit in an online wallet for no purpose at all???
Because humans never learn
Or some of them like to be scammed, I don't know

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
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