Post
Topic
Board Bitcoin Discussion
Re: The problem with Bitcoin adoption
by
smooth
on 27/04/2015, 11:15:03 UTC
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 Smiley

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.