3 ms·

Yeah, my grandma has also run into some troubles when trying to send an email. She had to: - Investigate which PC she should buy - Find someone willing to sel

by jafaku 12y ago

Yeah, my grandma has also run into some troubles when trying to send an email. She had to: - Investigate which PC she should buy - Find someone willing to sell a PC at a fair price. This is a problem because PCs get old really quick, and some vendors will try to sell you old PCs at their original prices. I don't know how they expect PCs to be useful if they go down in value so fast. Why buy a PC today, when you can buy it at half its price in a year? - Ask someone for help to connect all the wires - Fail to send an email. Learn that she also needs an internet connection - Investigate which ISP she should hire - Etc... With traditional mail, she just writes the letter and drops it in the post office.

sillysaurus3 12y ago
When someone tries to use email and fails, they can lose some time. When someone tries to use bitcoin and fails, they can lose their home. When silk road 2 lost their users' bitcoins to theft, there was a comment on Reddit about a silk road user who became homeless because they had converted their savings into bitcoin and stored the coins in silk road's webwallet. When the coins were lost, so was their home, since they could no longer afford rent. Bitcoin needs to become pro-consumer with strong protections and convenience. There are dozens of ways to lose your money, so no one wants to convert a sizable portion of their wealth into bitcoin, which means no one has bitcoin on hand to spend at a whim. Eventually merchants are going to start wondering why they're bothering to let people buy their products via bitcoin since very few people buy anything via bitcoin. If bitcoin becomes safe and convenient, bitcoin adoption will follow.
- thesimpsons1022 12y ago
  a lot of these people don't have that good of arguments, so they instead use crappy metaphors to make their points. they take something that is totally different than bitcoin and try to use that to make their point. but they need examine f it is a valid analogy. I don't think a PC, a consumer good, can be compared to something that's supposed to function as a currency. one is a store of a value and one has a functional use. if your grandma wants to save her money she should by stocks or bonds or something with low volatility. if she wants to send an email she should get a computer, not for storing value, but for it's functional use. and if she wants to get around town she should by a car, even though they depreciate. I don know how op ever thought it made sense to compare bitcoin and computers.
  - sillysaurus3 12y ago
    That's a bit harsh. The metaphor made a lot of sense, because their point was that bitcoin is currently hard to use, and will get easier with time, which is true.

by jafaku 12y ago

sillysaurus3 12y ago

When someone tries to use email and fails, they can lose some time. When someone tries to use bitcoin and fails, they can lose their home. When silk road 2 lost their users' bitcoins to theft, there was a comment on Reddit about a silk road user who became homeless because they had converted their savings into bitcoin and stored the coins in silk road's webwallet. When the coins were lost, so was their home, since they could no longer afford rent. Bitcoin needs to become pro-consumer with strong protections and convenience. There are dozens of ways to lose your money, so no one wants to convert a sizable portion of their wealth into bitcoin, which means no one has bitcoin on hand to spend at a whim. Eventually merchants are going to start wondering why they're bothering to let people buy their products via bitcoin since very few people buy anything via bitcoin. If bitcoin becomes safe and convenient, bitcoin adoption will follow.

thesimpsons1022 12y ago
a lot of these people don't have that good of arguments, so they instead use crappy metaphors to make their points. they take something that is totally different than bitcoin and try to use that to make their point. but they need examine f it is a valid analogy. I don't think a PC, a consumer good, can be compared to something that's supposed to function as a currency. one is a store of a value and one has a functional use. if your grandma wants to save her money she should by stocks or bonds or something with low volatility. if she wants to send an email she should get a computer, not for storing value, but for it's functional use. and if she wants to get around town she should by a car, even though they depreciate. I don know how op ever thought it made sense to compare bitcoin and computers.
- sillysaurus3 12y ago
  That's a bit harsh. The metaphor made a lot of sense, because their point was that bitcoin is currently hard to use, and will get easier with time, which is true.