Quote from: smooth on April 27, 2015, 11:15:03 AM

Quote from: MicroGuy on April 27, 2015, 11:07:24 AM

Quote from: josef2000 on April 27, 2015, 05:12:38 AM

My opinion:
This is somehow true. Most women do not have the knowledge of cryptocurreny and do not start using it for the reason. These tech-based things is mainly made for men, just like video games and computers. Women have no huge interest in such things, thats the main problem.
Women are more social than men? Im not sure. We need to somehow encourage women to use it, they will more likely spread it around the world than men just sitting in front of the computer.

Tell me your thoughts

Here is the problem.

Both women and men must have a reason to use bitcoin, otherwise it will never become a genuinely competitive currency. Why would Sally Smith or Joe Sixpack go to a store and pay with bitcoin? What would be their motivation? How would that make their lives better? What would be the process?

Bitcoin has its uses, but those uses are limited to niche users and markets. Why would the common man take an unnecessary step to buy something. Why would the consumer take the additional step of buying bitcoins so they can then go out and buy what they could have already bought with their visa card.

The answer is, they never will.

Bitcoin has to find markets to serve that aren't well served by e.g. credit cards. I don't know what those are. Maybe the unbanked. Maybe the third world. Maybe it's people seeking refuge from an unstable fiat monetary and banking system. Maybe it's libertarians with a political agenda. Maybe its none of those. The one thing I know is that it isn't Sally Sixpack in the West using it instead of a credit card for no good reason at all. None of these preclude women being involved, as happens with every other technology that moves past the extreme early adopter phase.

Haha, I'm sure that's intentional Cheesy

I'm thinking maybe bitcoin will end up as kind of 2 currencies in 1. What I mean is, on one hand, it will enable the poor, unbanked people a chance to access certain financial instruments, and cheaper remittances, things that poor people needs. This will be a somewhat closed system, as no one outside of the system really needs to enter it. But this will also be a very small portion of the available bitcoins.

The rest of the bitcoins will be purposely withheld by the rich elite. Because remittances and such are worth pretty much a set amount, the fewer bitcoins you allow in that system, the more each bitcoin will be worth. So the rich elite will keep the vast majority of the bitcoins, and it will be a store of value like gold, and traded amongst the rich. There's no incentive for anyone to move these bitcoins to the other system, as that will devalue bitcoin.

So you end up with 2 almost separate systems that don't really have much to do with each other other than setting the price.