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I know that everyone has a different idea of "mainstream" for bitcoin, but to me would be that I can expect to use it to pay for "regular stuff". Maybe paying
by serial_dev 4y ago
I know that everyone has a different idea of "mainstream" for bitcoin, but to me would be that I can expect to use it to pay for "regular stuff".
Maybe paying at the bakery is never going to happen with crypto, but would be nice if I could pay my next car or used car with it.
- aaronwalker 4y agoI'd like this to, but to me it's still unclear whether Bitcoin's potential will be just as a reserve currency and store-of-value (like Gold), or also as a unit of account and medium of exchange (like the dollar). I'm more confident in the former and less on the latter.
- tosihakkeri 4y agoThat’s the problem: the problems Bitcoin is solving aren’t problems in the first place.
- lottin 4y agoYeah, I can't imagine anybody wanting to buy a car and being deterred because they didn't have a means of exchange.
- mrguyorama 4y agoWhen someone bought my car we used cash. How is bitcoin superior to being able to take physical property in my hand that I know will be respected 1:1 by every legitimate institution, business, or person I know?
- lottin 4y agoI don't think bitcoin is superior, in fact I think it's inferior, that's the point.
- root_axis 4y ago> to me would be that I can expect to use it to pay for "regular stuff". There would be many difficult practical barriers to overcome for this to happen, and more importantly, nobody has any incentive to overcome those barriers. In fact, for almost everyone bitcoin is objectively worse than government issue currency. > would be nice if I could pay my next car or used car with it. Why would this be nice? It's totally irrelevant. Certainly the masses do not care at all, they're only concerned with the specs of the car.