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How can it get any easier than one of the 87 different mobile apps that let you send money to another person with a few taps?

GreenJelloShot 8y ago
The fact alone that are 87 different mobile apps makes it difficult. Which one do you use? Is there a difference? Having one single, well-branded app is easier to use than 87 random no-name apps.
- Nursie 8y ago
  > Having one single, well-branded app is easier to use than 87 random no-name apps. But there's no need for this to be a cryptocurrency app, that's the point. These amazing things that cryptocurrency enthusiasts tell us could be made possible using their magic beans - millions of people are already doing them just fine.
- mikeash 8y ago
  While this is true, Bitcoin does nothing to solve that problem. It just adds even more choices to the pile.
- gjs278 8y ago
  The fact alone that are 87 different banks makes it difficult. Which one do you use? Is there a difference? Having one single, well-branded bank is easier to use than 87 random no-name apps.
- walterstucco 8y ago
  It's called "Your bank's app"
sparkie 8y ago
It's easier because it doesn't require any sign-up. You simply download some compatible software and you're ready to run. Every other of the 87 services requires sign-up, which means filling out forms and uploading photos of ID. If you're lucky to be in a well-developed country with proper ID, you might be able to get an account!
- mikeash 8y ago
  It takes about a minute to sign up with these apps. No ID needed.
- root_axis 8y ago
  You need to sign up for a bank account if you want to use bitcoin in practice. Meeting up with random people in the streets to trade money for digital currency is definitely not easier than signing up for Venmo.
  - sparkie 8y ago
    Venmo has the prerequisite that you have a bank account. That excludes a massive portion of the human population from the get go, and puts various obstacles in people's way depending on their background. Acquiring bitcoin will become incredibly simple with services like azte.co, which work in pretty much the same way that most people used to top up their pay-to-go phone less than 20 years ago. People forget how rapidly things move. If you think at the level of "this is how it works now", you will never comprehend the potential of Bitcoin. The exchanges which operate in the bitcoin space now will be about as relevant as phone booths were as a means of making phone calls remotely. People will forget they ever existed. The way most people will acquire Bitcoin in future is the way they currently acquire fiat money - in exchange for their time and labor. There won't be any other "exchange" process.

GreenJelloShot 8y ago

The fact alone that are 87 different mobile apps makes it difficult. Which one do you use? Is there a difference? Having one single, well-branded app is easier to use than 87 random no-name apps.

Nursie 8y ago
> Having one single, well-branded app is easier to use than 87 random no-name apps. But there's no need for this to be a cryptocurrency app, that's the point. These amazing things that cryptocurrency enthusiasts tell us could be made possible using their magic beans - millions of people are already doing them just fine.
mikeash 8y ago
While this is true, Bitcoin does nothing to solve that problem. It just adds even more choices to the pile.
gjs278 8y ago
The fact alone that are 87 different banks makes it difficult. Which one do you use? Is there a difference? Having one single, well-branded bank is easier to use than 87 random no-name apps.
walterstucco 8y ago
It's called "Your bank's app"

sparkie 8y ago

It's easier because it doesn't require any sign-up. You simply download some compatible software and you're ready to run. Every other of the 87 services requires sign-up, which means filling out forms and uploading photos of ID. If you're lucky to be in a well-developed country with proper ID, you might be able to get an account!

mikeash 8y ago
It takes about a minute to sign up with these apps. No ID needed.
root_axis 8y ago
You need to sign up for a bank account if you want to use bitcoin in practice. Meeting up with random people in the streets to trade money for digital currency is definitely not easier than signing up for Venmo.
- sparkie 8y ago
  Venmo has the prerequisite that you have a bank account. That excludes a massive portion of the human population from the get go, and puts various obstacles in people's way depending on their background. Acquiring bitcoin will become incredibly simple with services like azte.co, which work in pretty much the same way that most people used to top up their pay-to-go phone less than 20 years ago. People forget how rapidly things move. If you think at the level of "this is how it works now", you will never comprehend the potential of Bitcoin. The exchanges which operate in the bitcoin space now will be about as relevant as phone booths were as a means of making phone calls remotely. People will forget they ever existed. The way most people will acquire Bitcoin in future is the way they currently acquire fiat money - in exchange for their time and labor. There won't be any other "exchange" process.