- This topic has 38 replies, 2 voices, and was last updated 8 months, 1 week ago by intro_respective.
- Thursday, March 31st, 2022 at 19:14 #205571Wabi-SabibitchParticipant
Let’s be honest as revolutionary as the blockchain is , it is hard to get your mind around it for most people. But if you think of it most people still have no idea how a computer works, I don’t mean they don’t know how to operate one , I mean they don’t know what makes up a computer and how it actually works. It’s the same with Bluetooth or most of technology itself. Consumers stop caring or trying to figure out how most things work once it starts working for then or provide utility.
Crypto has hopes of solving many problems but people aren’t able to wrap their minds around it (Nfts made it even harder). On top of that most of crypto is hard. Part of the reason most people are still using exchanges to store crypto.
Of course none of it would matter if it is possible for it to be conveniently part of peoples life and is solving problems.
We should stop explaining how things work to the average Joe and force him to into investing instead we need utility for the world to see.
Once utility comes in , we wouldn’t have any other option other than adopt crypto.Thursday, March 31st, 2022 at 19:14 #205600KakarotoCryptoniano
I don’t understand why gov can print money but if I do Is illegalThursday, March 31st, 2022 at 19:14 #205592BlingxI3
People don’t know how a car works and they drive it everydayThursday, March 31st, 2022 at 19:14 #205593zazelagiel
The bonuses of human species. Reap the benefits without knowing any of the details!Thursday, March 31st, 2022 at 19:14 #205594AzerFox
People use dollars without knowing how federal reserve banking works. They should just as complicit not knowing how blockchain works. Why suddenly ignorance of process is important now but wasn’t important before is nonsensical.Thursday, March 31st, 2022 at 19:14 #205595SolarPanelDude
Exactly, we need Blockchain and crypto to be integrated with something that people do everyday and have it become seemless, then checkmateThursday, March 31st, 2022 at 19:14 #205596FractalImagination
We have no idea how most things work. I’m surprised we didn’t blow the planet up yet.Thursday, March 31st, 2022 at 19:14 #205597vjeva
I think weare kind of underestimated the next generation of investors into the cryprospace.
Decentralization is what attracted me into this, and I have some basic technical understanding.
Why? Because we all have a voting system and we can decide what should be done with a certain project. In order to do that we definetely need to educate and explain some fundamentals of the blockchain technology.Thursday, March 31st, 2022 at 19:14 #205598cyborgrva
Honestly most people still don’t fully understand how our banking system works, but they use them..Thursday, March 31st, 2022 at 19:14 #205599cl4yf4c3
Most crypto investors don’t know how it works either. Most just buy and hold a token, never using it to pay for services provided by the blockchain. Indistinguishable from a trendy low cap stock to most people at this point.Thursday, March 31st, 2022 at 19:14 #205590darkestvice
Agreed. Make crypto safe and easy to work with and people will adopt it further. Of course, in the crypto world, ‘safe’ is relative since there are plenty of scams in traditional finance as well. But it should be noted that the crypto space is LOADED with scammers right now because of the fact that it’s even more global, borderless, and largely lawless compared to traditional finance.Thursday, March 31st, 2022 at 19:14 #205601Tatakae69
For global adoption, usability needs to be as simple as it can get. Simple solutions to “We don’t us worrying about typing in the wrong address while sending our funds” can literally do the trick.
“Imagine sending your money to someone halfway across the world in a matter of seconds, without even the use of a bank!” – We literally have this now we just need to make it’s implementation as simple as possible.Thursday, March 31st, 2022 at 19:14 #205602PBJIsGood1
On the flipside, I think people here often combine the utility value of blockchain technology and decentralization with the coins themselves. The coins are basically digital pogs being run through a modern technological breakthrough of sorts.
When it’s all said and done, in the medium/long term, the companies who utilize blockchain to power their apps, games, and systems will be a better investment in the stock market, than any coin we are buying today.Thursday, March 31st, 2022 at 19:14 #205603CompetitiveFeed4
I don’t get it why some people are so stagnant for blockchain tech, Hashgraph has clearly proven to me much better, it’s way more energy efficient, has instant transactions, fees costing less than a penny, and not to mention the DLT and EVM compatibility that comes with it.
Seeing all the funding that the HBAR Foundation been spending on Devs and entrepreneurs to build dApps and protocols on Hedera, adoption is coming and we could very well see it flip other PoS and eco0friendly chains. Beating the players at their own game.Thursday, March 31st, 2022 at 19:14 #205604Substantial_Truth226
They are oblivious on the Federal Resrrve. People still think it is part of the US TreasuryThursday, March 31st, 2022 at 19:14 #205605baconcheeseburgarian
I’ll bet a surprising number of crypto users couldn’t change the oil in a car.Thursday, March 31st, 2022 at 19:14 #205606fiscotte
We live in a societyThursday, March 31st, 2022 at 19:14 #205607Professional_Desk933
Yup. The problem is that since its still an infant technology, it’s not exactly easy to use it unless you are somewhat tech savvy. I think this sub greatly underestimate the average person tech knowledge.Thursday, March 31st, 2022 at 19:14 #205608bourbingunscoins
99.9% of people don’t fully understand the technology.Thursday, March 31st, 2022 at 19:14 #205609intro_respective
You mother fuckers need to decouple crypto from blockchainThursday, March 31st, 2022 at 19:14 #205581Breaking_Crypt
Hey, in defence of Bluetooth, Bluetooth is a complicated technology.Thursday, March 31st, 2022 at 19:14 #205572Barchelonio
Crypto at the moment creates more problems than it solves for a average person. Imagine if someone had to buy something at it had only crytpo as payment, I think average person with no crypto knowledge would just look for an alternative option. Noone wants to be forced into innovation, organical growth is necessary for crypto to succeed.Thursday, March 31st, 2022 at 19:14 #205573[deleted]
[removed]Thursday, March 31st, 2022 at 19:14 #205574kirtash93
People still dont understand how computers or Internet works and here we are.Thursday, March 31st, 2022 at 19:14 #205575Luizz__
That’s probably the biggest challenge of Crypto. Get the normal person to understand why it’s useful for them.
I can easily explain to my Grandma that the Internet is just like a big library, but in her computer, or that she can connect her headphones with her computer via Bluetooth, to hear music. She would totally see the point and convenience in those technologies.
However…Crypto? Or Bitcoin?
„yeah, it’s like money, but there is no central institution you have to trust. Oh, you also have to register on some exchange, potentially do KYC, buy some of many many coins, and then you have to take those coins away from the exchange, on your wallet – ideally paper wallet or hardware wallet which you have to buy for 50$ – and then be sure to store your wallet somewhere safe. Also, if you loose it your money is gone!“
I think my grandma would have exploded right there.
Most people don’t see the value decentralization holds. And most people are just fine with their banks and fiat. It works for them, they don’t have to bother much, and also they are not responsible if something happens. Not everyone needs the responsibility crypto provides in order to manage everything yourself
Creating obviously convenient applications are what brings the people. Imagine some true decentralized election system with no possibility of fraud. Everyone would love that and easily see the benefits of it
- You must be logged in to reply to this topic.
Related Forum Topics:
- → When it comes to investing, first and foremost look at the tech and utility. Before you throw money into a project, ask yourself if you understand how it works, if you understand its utility, and if it really solves a problem.
- → BTC heavily relies on the Internet for its transactions. Are there plans to use (long range) air interfaces? Like LoRa or Bluetooth dead drops?
- → BLOCKCHAIN – an invisible computer that maintains a permanent and tamper-proof record of transactional data. It decentralizes how data is maintained and controlled and transforms existing power structures. By 2030, blockchain will be the base layer of 90% of the internet. 💣 [Image]