Post
Topic
Board Bitcoin Discussion
Re: The problem with bitcoin is buying bitcoin
by
Walter Rothbard
on 10/10/2014, 18:52:52 UTC
If bitcoin is ever to become mainstream then it needs to sort out its achilles heel. That is buying bitcoin in the first place. The process should be so easy that even your gran can do it.
Unfortunately at the moment its way to complicated.

People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.



I totally agree with you, and everyone has either ignored me (thru the forum feature) or continually misunderstand me when i say we need a REAL demand for bitcoin. We need ways to promote the use of the coin so people are willing to get the wallet sync it in. no one wants an online wallet since security is usually the first thing people mention, thanks to the stupid hackers who so counterproductively destroyed the investment they were hacking. You would think a hacker would not be so stupid to destroy the perfect coders dream, but sure enough they have.

We a product you can only buy with bitcoin, or products that if you buy them with bitcoins they are a good bit cheaper than buying them with cash.

Theres your new objective bitcoin developers sitting on wallets with hundreds of thousands of bitcoins , why dont you put them to good use, if you can create/maintain a code like bitcoins what is so hard about coding and setting up a good standing worthwhile merchant site for your investment.

Yes, If more people 'want' bitcoin then it will increase massively. However most people, even tech savvy people don't know how to buy them which is a big problem and I think is limiting its spread. 

It has been possible for the last two years to find out how to buy Bitcoin by Googling "buy bitcoin."  That's how I buy nearly any product; why should Bitcoin be any different?

It's been possible for nearly that long to sign up at Coinbase and buy Bitcoin easily if you have a bank account.  It's not that hard.

If you can make it easier, you can make a bundle of money.