Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Johnny Mnemonic
on 08/03/2016, 08:20:15 UTC
A bundled GUI only increases accessibility to the few crypto-conscious individuals already in the space. Joe Blow doesn't have a good reason to run his own node, GUI or not. Making something easier doesn't automatically make anyone want or need it.

No it doesn't just do that. It is a decongestant that effectively lays the foundations for future expansion - both social and technical. It is clearing the decks and is level up - a significant milestone for Monero, not just in terms of service advancement but also in terms of demonstrable management and group industry.

It's a major achievement and a whole new chapter in Monero's future, and thus is a perfect modulator for market action which increases market volume and speculator interest, hence bringing increased vibrancy into the whole Monero ecosystem.

Nothing in this response explained how a core GUI would increase usage outside of the crypto niche.


What's crazy is the idea that the average joe will want to run a node for some whiz-bang e-money just because he can... never mind the fact that he has no reason to.

A bundled GUI only increases accessibility to the few crypto-conscious individuals already in the space. Joe Blow doesn't have a good reason to run his own node, GUI or not. Making something easier doesn't automatically make anyone want or need it.

There are lots of things that can make XMR approachable to wider adoption. Mobile apps with easy messaging as an abstraction layer for payments, point-of-sale tools and services for in-person purchases, easier exchange services from/to fiat, etc. would all be greatly helpful.

But a core GUI won't increase adoption significantly, because average users won't be running their own nodes anyway.


Sure, I don't run a node for Btc, but that coin is several iterations past efficient CPU mining. But Monero, afaict, will be still CPU mineable, right? THAT's my motive for running a node. As someone else here pointed out, going through the hoops to mine Monero NOW is a "chore". But once the gui is out, if it has one-click smart mining, I'm there! Giving everyone a motive and an easy way to run a node is decentralization in action, as exciting in its way as fungibility and privacy!

Only crypto-anarchists and privacy activists give a shit about smart mining and decentralization. None of that appeals to a wider audience, who just want an easy way to spend their money (not hosting a full node). Do you really think regular people are concerned with those features?