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Author Topic: Bitcoin is unfair to the non tech-savvy  (Read 7436 times)
bananaControl
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July 31, 2014, 08:35:58 PM
 #141

I get the point of the OP. I'm not at all tech-savvy but still have some BTC, just enough to take advantage of a sudden move up but I would never put a lot in to it.

It can definitely be seen as unfair as someone who knows everything about how BTC works is at an advantage to those who don't. I still find it complicated but most of I have absolutely no interest in 'how' it works, I will always prefer physical wealth to BTC, ALWAYS!

The point is that those who knows about it, were not born with that knowledge. The same cannot be said about much of the wealth in the world today.
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July 31, 2014, 09:34:16 PM
 #142

Nanotechnology companies creating advanced products are unfair to those working as burger flippers.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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July 31, 2014, 09:48:14 PM
 #143

I do agree with this argument a little bit.  Still there are billions of people who don't know what Bitcoin is and they are still missing the boat.  Early on it was the more tech savvy people who made the most on it.  I even somewhat follow news about tech and I missed the boat on it until last year.
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July 31, 2014, 11:35:31 PM
 #144

I get the point of the OP. I'm not at all tech-savvy but still have some BTC, just enough to take advantage of a sudden move up but I would never put a lot in to it.

It can definitely be seen as unfair as someone who knows everything about how BTC works is at an advantage to those who don't. I still find it complicated but most of I have absolutely no interest in 'how' it works, I will always prefer physical wealth to BTC, ALWAYS!
I think the point of the OP is that people who are tech savvy can easily figure out how bitcoin works and can use it effectively. On the other hand someone who is not tech savvy would have a greater chance of falling for a scam or otherwise potentially loosing their bitcoin as they may not fully understand how it works.

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