Bitcoin Forum
May 07, 2024, 02:35:42 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Why does BTC cause so much controversy even with friends and family?  (Read 3900 times)
phillipsjk
Legendary
*
Offline Offline

Activity: 1008
Merit: 1001

Let the chips fall where they may.


View Profile WWW
October 04, 2014, 04:37:29 PM
Last edit: October 04, 2014, 07:29:33 PM by phillipsjk
 #21

It takes effort to learn how revolutionary Bitcoin really is. My room-mate does not want to take the time to read the white-paper.

My brother thinks Bitcoin is "useless". After asking which is more important: Games or Bitcoins, he answered "games". I then revealed that Bitcoin market cap (4.4 Trillion billion at this writing) exceeds the entire revenues of the world entertainment industry (2.8 Trillion in 2009).

Both my banker and sister classify Bitcoin as an investment, akin to the stock market. They see the volatility, but not necessarily the fundamental potential of the technology.

I also have an acquaintance that informed me they (as in the people in charge of it) "canceled" Bitcoin (this was in June or so). I resisted the urge to tell them they failed to tell me to shut down my node Tongue It appears people can't comprehend that it is decentralized.

James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE  0A2F B3DE 81FF 7B9D 5160
1715049342
Hero Member
*
Offline Offline

Posts: 1715049342

View Profile Personal Message (Offline)

Ignore
1715049342
Reply with quote  #2

1715049342
Report to moderator
1715049342
Hero Member
*
Offline Offline

Posts: 1715049342

View Profile Personal Message (Offline)

Ignore
1715049342
Reply with quote  #2

1715049342
Report to moderator
The forum was founded in 2009 by Satoshi and Sirius. It replaced a SourceForge forum.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715049342
Hero Member
*
Offline Offline

Posts: 1715049342

View Profile Personal Message (Offline)

Ignore
1715049342
Reply with quote  #2

1715049342
Report to moderator
1715049342
Hero Member
*
Offline Offline

Posts: 1715049342

View Profile Personal Message (Offline)

Ignore
1715049342
Reply with quote  #2

1715049342
Report to moderator
The Hacker known as 4chan
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
October 04, 2014, 04:46:55 PM
 #22

It takes effort to learn how revolutionary Bitcoin really is. My room-mate does not want to take the time to read the white-paper.

My brother thinks Bitcoin is "useless". After asking which is more important: Games or Bitcoins, he answered "games". I then revealed that Bitcoin market cap (4.4 Trillion at this writing) exceeds the entire revenues of the world entertainment industry (2.8 Trillion in 2009).

Both my banker and sister classify Bitcoin as an investment, akin to the stock market. They see the volatility, but not necessarily the fundamental potential of the technology.

I also have an acquaintance that informed me they (as in the people in charge of it) "canceled" Bitcoin (this was in June or so). I resisted the urge to tell them they failed to tell me to shut down my node Tongue It appears people can't comprehend that it is decentralized.


Bitcoin's market cap is not 4.4 Trillion :X, it is 4.4 Billion which is alot less than the sum of the entire Video Game industry. Use this time before they understand to get well ahead of the plebeian minded fellow.
phillipsjk
Legendary
*
Offline Offline

Activity: 1008
Merit: 1001

Let the chips fall where they may.


View Profile WWW
October 04, 2014, 07:27:51 PM
 #23

Bitcoin's market cap is not 4.4 Trillion :X, it is 4.4 Billion which is alot less than the sum of the entire Video Game industry. Use this time before they understand to get well ahead of the plebeian minded fellow.

I just figured that out myself Tongue

I suppose I should go apologize to my brother now Smiley

James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE  0A2F B3DE 81FF 7B9D 5160
okae
Legendary
*
Offline Offline

Activity: 1401
Merit: 1008


northern exposure


View Profile WWW
October 04, 2014, 08:42:59 PM
 #24

So easy answer:

  • ppl are always scared about what they dont understand
  • ppl always criticize what they dont understand
  • ppl are always scared about what is out of his "confort zone"

IMHO #1.b of suspects, Hal Finney is/was S.N.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!