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There was a time then most people couldn’t use a keyboard either. Many software developers still can’t touch type correctly. Eventually everyone either learned
by 2muchcoffeeman 4y ago
There was a time then most people couldn’t use a keyboard either. Many software developers still can’t touch type correctly. Eventually everyone either learned or found their own way, died, or is simply locked out of modern technology.
If crypto is “the way of the future”, and it some how catches on, then people are simply going to learn how it works or get locked out of future markets. Due to the seemingly large number of crypto scams, a lot of people will lose their money along the way.
Not that I think it should succeed, but if there is a truly compelling use case for everyone to switch over, I don’t think we’ll let the complexity stop us.
- carewell 4y agoThat's an oversimplification. I would argue that the more technologically complex inventions had to go through multiple rounds of adjustments in order to be able to appeal to the masses. And those inventions that could not do that effectively remained very niche. Having a hardware wallet solves very little for small-time investors (the 99%) as they are in this to speculate, not to keep their savings for the next several decades. With everything moving online, it's close to impossible to convince even more tech-savvy people to plug in a USB dongle every time they want to make a transaction. You could say that then it's their own fault if something goes wrong as they "don't own the keys", but historically this type of blame-game did not last. Government regulation and insurance is a much more effective way forward.