So rather than overcoming a 15 minute learning gap, we'd rather place our money in someone else's API, who is in control of likely 7.5% of the mint, even after they've been hacked in the last year, and Mt. Gox, and everything else? I'm not trying to be accusatory here (I am part of this group for the moment), just stating what I see.
So collectively, I see that many people (With at least a representative ~7.5% of the mint) would rather have point-and-click operation with no functionality (as the 'coins' you see on the exchange are just representative of the value that you're owed, and not actual value tokens), over typing an average of five words on a command line with full functionality of what cryptonote offers you?
I have to ask, for speculation purposes, what is it, exactly, that people think they have bought?
Additionally, I'd like to point out that I think lower prices are great for higher adoption. So, do people think adoption would suffer if price rises upon release of a GUI wallet, or would adoption fuel a rise in price after release of a GUI? So, if the GUI was already 'priced in', could adoption suffer because the price increased to matched the hype related to a government GUI, or if the GUI was somehow prevented from being 'priced in' before its actual release would adoption then be helped?
Further, what do people view adoption as? Is adoption the moment the software is downloaded and run on your computer, or the moment you click buy on poloniex? I think that's a very important question. My personal view is that adoption is the moment the software is downloaded and run on my computer, and then used for its intended purpose. As this is a currency, the intended purpose would likely be to transact with it. So, as a third question, could adoption be the moment you transact with the software on your computer?
So, other than exchanges and the pending MEW game, what can I use this for to transact in?
Edit: Consider that you can purchase plots of land on the moon right now. Did you buy this as a gag for friends and family, did you purchase with the intent to hold onto it to pass down to your children in case the plot of land becomes claimable, or do you really think you're gonna go and move to the moon tomorrow? Maybe this is a weak analogy, but I consider that anyone who has not downloaded this software and used it on their computer to have not really adopted the coin (yet
), in the same way they don't intend to move to the Moon.
So collectively, I see that many people (With at least a representative ~7.5% of the mint) would rather have point-and-click operation with no functionality (as the 'coins' you see on the exchange are just representative of the value that you're owed, and not actual value tokens), over typing an average of five words on a command line with full functionality of what cryptonote offers you?
I have to ask, for speculation purposes, what is it, exactly, that people think they have bought?
Additionally, I'd like to point out that I think lower prices are great for higher adoption. So, do people think adoption would suffer if price rises upon release of a GUI wallet, or would adoption fuel a rise in price after release of a GUI? So, if the GUI was already 'priced in', could adoption suffer because the price increased to matched the hype related to a government GUI, or if the GUI was somehow prevented from being 'priced in' before its actual release would adoption then be helped?
Further, what do people view adoption as? Is adoption the moment the software is downloaded and run on your computer, or the moment you click buy on poloniex? I think that's a very important question. My personal view is that adoption is the moment the software is downloaded and run on my computer, and then used for its intended purpose. As this is a currency, the intended purpose would likely be to transact with it. So, as a third question, could adoption be the moment you transact with the software on your computer?
So, other than exchanges and the pending MEW game, what can I use this for to transact in?
Edit: Consider that you can purchase plots of land on the moon right now. Did you buy this as a gag for friends and family, did you purchase with the intent to hold onto it to pass down to your children in case the plot of land becomes claimable, or do you really think you're gonna go and move to the moon tomorrow? Maybe this is a weak analogy, but I consider that anyone who has not downloaded this software and used it on their computer to have not really adopted the coin (yet
), in the same way they don't intend to move to the Moon.