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@jnbiche, do you think that most "grandmas" have the ability to securely manage a bitcoin wallet? Based on all the reports of people losing bitcoins, and diffi
by ryanhuff 13y ago
@jnbiche, do you think that most "grandmas" have the ability to securely manage a bitcoin wallet? Based on all the reports of people losing bitcoins, and difficulty with redeeming from places like Mt.Gox in a timely manner, it appears easier to herd cats than to keep bitcoins both liquid and secure. I bet most grandmas would gladly pay the $20 service fee that you cited than to be subject to these risks.
- zanny 13y agoOnline wallets like coinbase solve this problem fairly well. Having to send money via addresses is no different than CC numbers.