4 ms·

You're totally right. The world is not ready, just like it wasn't ready for e-commerce in 1996. I mean, who's going to put their credit card online? Who wants t

by aneth4 14y ago

You're totally right. The world is not ready, just like it wasn't ready for e-commerce in 1996. I mean, who's going to put their credit card online? Who wants to buy stuff without feeling it? BitCoin may always be more volatile than other currencies. That doesn't actually matter much as long as it's liquid with other commodities and currencies. Its primary purpose is transfer, not store value. It will however stabilize the more broadly it is held and the more real commerce it is involved in.

Taylorious 14y ago
I think eCommerce was a different situation than what you describe. People were already used to calling up and ordering things over the phone from a catalog using their credit card. Doing the same thing over the internet wasn't that much of a stretch.
- aneth4 14y ago
  That might be what you think, but you are not correct. As someone who was actually involved in ecommerce in 1995, I can tell this was one of if not the biggest concern for consumers. In 20 years, perhaps you will tell us BitCoin was not a big leap since we were already used to electronic checks and fiat currency.
- dreamdu5t 14y ago
  Uhhh... if you were around in the 90s everyone said "nobody will buy stuff online". Everyone. News articles, talking heads, books, etc. People scoffed at sites like eBay even years after it's launch. It was very comparable to bitcoin. Everybody has been complaining about bitcoin while the entire time it's been growing and growing and growing. It's still growing and people are still acting as if it's nothing.
  - puredemo 14y ago
    I was in high school and college in the ninties, that wasn't my experience at all. Pretty much everyone accepted e-commerce from the get-go. So my roommate and I are guessing how old you are currently, one of us says forty-five, one says sixty -- who won?

4 ms·

You're totally right. The world is not ready, just like it wasn't ready for e-commerce in 1996. I mean, who's going to put their credit card online? Who wants t

by aneth4 14y ago

Taylorious 14y ago
I think eCommerce was a different situation than what you describe. People were already used to calling up and ordering things over the phone from a catalog using their credit card. Doing the same thing over the internet wasn't that much of a stretch.
- aneth4 14y ago
  That might be what you think, but you are not correct. As someone who was actually involved in ecommerce in 1995, I can tell this was one of if not the biggest concern for consumers. In 20 years, perhaps you will tell us BitCoin was not a big leap since we were already used to electronic checks and fiat currency.
- dreamdu5t 14y ago
  Uhhh... if you were around in the 90s everyone said "nobody will buy stuff online". Everyone. News articles, talking heads, books, etc. People scoffed at sites like eBay even years after it's launch. It was very comparable to bitcoin. Everybody has been complaining about bitcoin while the entire time it's been growing and growing and growing. It's still growing and people are still acting as if it's nothing.
  - puredemo 14y ago
    I was in high school and college in the ninties, that wasn't my experience at all. Pretty much everyone accepted e-commerce from the get-go. So my roommate and I are guessing how old you are currently, one of us says forty-five, one says sixty -- who won?