Quote from: AnonyMint on September 04, 2014, 07:57:23 PM

But Bitcoin is traceable and it is illegal.

People's perception of law in developing countries is not the same as perception of law in developed countries. If something is banned, it doesn't mean it'll stop happening, it'll just go underground, which is true for developed nations too, but to a lesser extent, as citizens are more law-abiding. Besides, they didn't ban Bitcoin in China to the point of putting people in jail for using it. It's not even banned.

Quote from: Este Nuno on September 04, 2014, 07:59:54 PM

If crypto 2.0 and beyond can continue to develop in a way that can be presented as simple and easy to use for the average person and also somehow communicate the economic facts in a way that the average person can understand, then perhaps. It's possible. But we have a long road ahead of us.

Well, the average person doesn't have to understand all the facts. They just need to know and understand how to use the platforms and see examples of use cases from others. One example is crowdfunding opportunities that decentralized exchanges present, which is especially attractive to small companies that can't do IPOs on traditional stock exchanges. One example we can observe now is the cryptomessenger, which will be released in the next few days. It got the funding through NXT AE, and if it gets to be successful, many other examples will follow. Yeah, it's a long road. Crypto is software, it has to innovate or die. There is no point sitting on Bitcoins waiting for them to grow to sky.