Post
Topic
Board Bitcoin Discussion
Re: Do you sometimes think Bitcoin will fail?
by
bitsmichel
on 21/06/2014, 14:08:00 UTC
I am normally optimistic, but not in a good mood right now.
BTC is too hard for common people....Too risky....Confirmations sometimes take way too long....Competing with powerful forces in banking and Gov't....Bad rep in the media....child porn....gambling...drugs....51%.........blah, blah...
Do you sometimes think Bitcoin will fail?

Please be honest, that's all.


Edit:
Confirmations sometimes take Wwwaaaaaaaaaaayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy too long
The last block was 38 minutes ago and that is "not ready for prime time" or usable in the real world......We are delusional, this thing is not working!!   Shocked



As compared to a traditional international payment using bank it is extremely fast. I don't think it is too hard, it just takes a bit of time to learn. To use Microsoft Word or Facebook is actually harder than using a Bitcoin Wallet. I think, in all technological revolutionary projects there is going to be a lot of resistance.

As for media, I'm not sure how many people take them seriously these days.  Cheesy