Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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But I think bitcoin will be the "desktop solution" for money in a few years. For instance, I don't think remittance services hiding bitcoin from sender and receiver is the best solution. It's better to do it like in Thailand. Very easy to convert bitcoin to bath. On every corner with ATMs, Seven Elevens or mini marts. That way, people in receiving countries can choose to keep the bitcoin they receive from relatives abroad, spend them on the local market for vegetables and fish, or exchange to bath on the nearest Seven Eleven.
I saw that. It's just hard to grasp the future scope of this technology at the moment.
I remember I got a bit fed up with the linux community in the 90s because, well they were quite rude to newbies, but mainly because they genuinely thought they were going to take over the desktop market with their unpolished glitchy GUI and people would just have to educate themselves in how to use terminal, cause that was the best way to do things(?!?!?!). I thought they had lost the plot.
But behind the scenes people started running apache on outdated machines on linux with great success. Any problem was quickly addressed by enthusiasts who liked to show off their programming skills, and by the end of the 90s much of the internet ran on linux. Now almost all of the internet runs on linux.
That's the kind of development I expect from bitcoin. Yes, some "normal" people will adopt it because they have needs or interests which makes Bitcoin worth the effort, or they are simply enthusiast nutters. But much of the big movements will be behind the scenes, smoothing out the speed bumps and lowering costs for financial institutions and large corporations.
It's true that Windows and Apple kept controll over desktop solutions all these years (Except for Android (Linux) and chromebox / chromebook).I remember I got a bit fed up with the linux community in the 90s because, well they were quite rude to newbies, but mainly because they genuinely thought they were going to take over the desktop market with their unpolished glitchy GUI and people would just have to educate themselves in how to use terminal, cause that was the best way to do things(?!?!?!). I thought they had lost the plot.
But behind the scenes people started running apache on outdated machines on linux with great success. Any problem was quickly addressed by enthusiasts who liked to show off their programming skills, and by the end of the 90s much of the internet ran on linux. Now almost all of the internet runs on linux.
That's the kind of development I expect from bitcoin. Yes, some "normal" people will adopt it because they have needs or interests which makes Bitcoin worth the effort, or they are simply enthusiast nutters. But much of the big movements will be behind the scenes, smoothing out the speed bumps and lowering costs for financial institutions and large corporations.
But I think bitcoin will be the "desktop solution" for money in a few years. For instance, I don't think remittance services hiding bitcoin from sender and receiver is the best solution. It's better to do it like in Thailand. Very easy to convert bitcoin to bath. On every corner with ATMs, Seven Elevens or mini marts. That way, people in receiving countries can choose to keep the bitcoin they receive from relatives abroad, spend them on the local market for vegetables and fish, or exchange to bath on the nearest Seven Eleven.