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Author Topic: This is what's needed to help the adoption of bitcoin  (Read 2079 times)
2double0
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August 11, 2014, 11:55:01 AM
 #21

If bitcoinwallet.com gets huge then it will be easier to use bitcoin daily
Bitcoins101
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August 11, 2014, 12:16:07 PM
 #22

There really needs to be a way to instantly exchange money for bitcoin for the average person. Coinbase is much too hard for Joe and Sally Schmoe, even though it may seem easy to you. It just has to be damn easy, protected from loss/stupidity, and fast. Then it can really take off.

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August 11, 2014, 02:48:34 PM
 #23

i read that openbazar is coming at the end of the year, it's basically a decentralized amazon or something, with bitcoin only

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August 11, 2014, 03:01:07 PM
 #24

Looking forward to more adoption of decentralized bitcoin address registrations like this:

http://imgur.com/fdipIYO



Yeah but it only is a good thing if the lookup of those addresses happens on a decentralized basis. We could use namecoin for that. But some services that already exist actually are decentralized. If you are able to tamper with that system, you could easily pipe in your own address and steal someone's coins!
I think if this happens on a centralized bases or a decentralized basis it will be a huge target for fraud and scammers. In the OPs picture SeansOutpost was the example, but a scammer could make several addresses with slight variations of this name to try to get people to send them money when they misspell who they are trying to send money to.
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August 11, 2014, 08:04:29 PM
 #25

Looking forward to more adoption of decentralized bitcoin address registrations like this:

http://imgur.com/fdipIYO



Yeah but it only is a good thing if the lookup of those addresses happens on a decentralized basis. We could use namecoin for that. But some services that already exist actually are decentralized. If you are able to tamper with that system, you could easily pipe in your own address and steal someone's coins!
I think if this happens on a centralized bases or a decentralized basis it will be a huge target for fraud and scammers. In the OPs picture SeansOutpost was the example, but a scammer could make several addresses with slight variations of this name to try to get people to send them money when they misspell who they are trying to send money to.

Something like that happened with Coinbase. Someone not affiliated with Sean's Outpost opened an account under their name before they did, obviously hoping users would just assume it was theirs and send donations without checking. Fortunately, Jason King contacted Coinbase and got them to address it.

Still around.
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August 11, 2014, 08:20:11 PM
 #26

We need many more ways to spend Bitcoin and many more ways to withdraw Bitcoin.
Also, we need very good Bitcoin promotion so that many more people 'join the club'' Smiley
When this happen, some real changes will start.

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August 12, 2014, 08:20:32 PM
 #27

Quickbt.com is great for Canadians,but I think an easier paypal and credit card solution would be better for the general public. Bank transfers take too long and have big fees.

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August 13, 2014, 08:45:52 AM
Last edit: August 13, 2014, 09:09:58 AM by Hiraga
 #28

Commodity exchange will be good. Trillions going around in oil, gold etc.
Then next being more competitive to creditcard- and other parasitic companies.
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August 13, 2014, 12:51:48 PM
 #29

More merchants will do it, the more places accept bitcoin the better.

It will take some time. Educating merchants about how bitcoin can improve their business is a first step, if they see the benefit, they will accept it.
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August 13, 2014, 02:52:58 PM
 #30

what if merchants are just waiting to use it, but they don't like the price, you can rest assured that when bitcoin rise to high price like 5k+ more people  will want to use it, this world only is made of greed

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August 14, 2014, 11:02:25 PM
 #31

Looking forward to more adoption of decentralized bitcoin address registrations like this:

http://imgur.com/fdipIYO



Yeah but it only is a good thing if the lookup of those addresses happens on a decentralized basis. We could use namecoin for that. But some services that already exist actually are decentralized. If you are able to tamper with that system, you could easily pipe in your own address and steal someone's coins!
I think if this happens on a centralized bases or a decentralized basis it will be a huge target for fraud and scammers. In the OPs picture SeansOutpost was the example, but a scammer could make several addresses with slight variations of this name to try to get people to send them money when they misspell who they are trying to send money to.

Something like that happened with Coinbase. Someone not affiliated with Sean's Outpost opened an account under their name before they did, obviously hoping users would just assume it was theirs and send donations without checking. Fortunately, Jason King contacted Coinbase and got them to address it.
I think this is a perfect example why something like this would not work. If there is not some kind of central authority to monitor and somewhat regulate (in similar ways that coinbase does) these types of addresses then we will end up with more fake donation type addresses then there are legitimate addresses.

 
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August 15, 2014, 09:04:55 AM
 #32

These lookups have to happen in a decentralized manner. For the regular customer it doesn't matter how it's done, it should merely be easy to use. But as a way to strengthen the technology and fight scams, it must not have a singular attack vector!

I should have gotten into Bitcoin back in 1992...
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August 15, 2014, 09:14:40 AM
 #33

The more merchants adopt bitcoin, the more visibility and popularity btc will get. It's a form of financial asset after all. If btc happens to be as easy to use as PayPal let's say, it will outrank it at some point I think.
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August 15, 2014, 09:38:57 AM
 #34

I think we really need more large merchants to accept bitcoin as payment and offer a discount in exchange for using bitcoin to pay.

This is EXACTLY what I have been saying.

This way people will be like, daymm these bitcoiners get everything cheaper. FK it im going to convert some $ >> BTC to do some shopping.
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