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Bitcoin, or any Crypto, Block Chain, are too complex, unfortunately, to understand, and therefore is a huge barrier to their adoption. Whoever comes to an easy
by arthurz 5y ago
Bitcoin, or any Crypto, Block Chain, are too complex, unfortunately, to understand, and therefore is a huge barrier to their adoption.
Whoever comes to an easy way of doing the digital currency first will win big.
One other turn off remains: is to solve the material part, how to turn crypto back into Fiat Money so it really seamlessly works and not entangled into revenue control traps, losses on exchange between networks, daily limits, and so many more.
- amelius 5y ago> Bitcoin, or any Crypto, Block Chain, are too complex, unfortunately, to understand That's a feature to make them look less like a Ponzi scheme.
- dylkil 5y agoVery true, I even think satoshi wrote that somewhere on bitcointalk back in the day, something along the lines of "I have designed bitcoin, it solves byzantine general problem. This solution is extremely complex so it should hide the fact what ive really made is a ponzi scheme"