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And you think the average non-technical person is going to trust that over... trading for actual goods like food/fuel/livestock? On what planet does the govern
by tw04 6y ago
And you think the average non-technical person is going to trust that over... trading for actual goods like food/fuel/livestock? On what planet does the government-backed virtual currency fail and then non-technical people suddenly trust a darknet currency backed by... imaginary computer algorithms that they don't understand and don't want to understand?
- WanderPanda 6y agoIts not like all people understand the monetary system. If something works over some period people will build trust and use it
- muzika 6y agoSome day every phone may have a bitcoin “wallet” that connects to nearby towers using the phones antennas. Everything will “just work” as far as regular users are concerned. You would be able to pay for good just by scanning a QR code on the other party’s phone, for example.