Quote from: molecular on May 22, 2014, 03:48:26 PM

Quote from: sgbett on May 22, 2014, 02:34:42 PM

And yet here we are all wondering whether this is the next one. Many here will be as cynical as I. Pah we;ve seen it all before, like anyone is going to get suckered into this silly pump/dump cycle again. (Just like we thought last time?)

Quote from: sgbett on May 22, 2014, 02:34:42 PM

I think there are many billions of people out there who still don't understand crypto. Don't you worry, it's not an easy concept and it takes people a lot of time to wrap their heads around the concept. (see Peter Schiff, who seems to be quite intelligent, but took his time (if he managed to wrap his head around bitcoin) despite the fact that there were certainly enough people offering to explain to him).

I think we have at least 2 more to go.

Strange times, indeed.

I think people do not understand crypto because they do not follow up on it. I researched bitcoin when I first heard about it (and this forum really help my understanding). It is complex because we are used to a physical source that gets recycled through means of work or effort (jobs and selling stuff).

It would be nice for people to start programs going to the high schools or colleges and teaching the young minds about this alternative. I still think people need the effort to research bitcoin because even if they were spoon-fed, they need to be able to want to understand it.