People don't get it yet. Crypto is new. It's like when the cell phone came out and its gradual acceptance. People refused to get one. People thought pay phones were good enough. People thought they had plenty of emergency call boxes on the roads (and there was). My parents resisted getting a cell phone until 2002. I know people who resisted even longer. Really, most of us don't even need one.
For me personally it all started when a friend on deployment lent my mother a cell phone. She wanted to try it. It was cool and trendy to carry one around. Father still resisted but hey, free is free. Finally my mother actually went to the store and bought one because all of her coworkers had it. Hey, it can be used for emergencies! And it's YOUR number! No one else shared your number. That's what made it worth $60 or whatever a month to her. That's what made it so great.
Now you don't need to carry around your phone numbers in some phone book or memorize them and then having your friend tell the operator your name just to talk to you at work. No more having to be AT your desk to make calls and programming your work phone with all of your personal numbers for everyone to see. You can make calls anywhere you want, in the kitchen, outside where there is fresh air, or even in your car. THIS was actually worth a lot to people, when in reality, the inconvenience was very very minor since access to a phone was damn near everywhere and if you didn't have one you probably would be just fine even in an emergency.
Slowly but surely adoption spread. Even the oldest people got them. It had a built in phone book so they don't need to memorize the phone numbers. It was convenience and privacy that sold the first cell phones. It was individuality that made it trendy.
You nocoiners are no different than the naysayers of the past. You have no vision. You have no imagination. You are the "Why do I need a cell phone when land lines are everywhere?" people. You are the "Why do I need broadband internet just to read a bunch of funny emails and jokes?" "Why do I need more than 64KB of memory?" or even "Why do we need steam power when slave labor is so cheap?" Fiat will die in our lifetime. Crypto is the future. It just takes time for people to accept it. Crypto also offers individuality. It also offers privacy, and convenience. The difference though, is that YOU can be a part of it. YOU can get rich out of it. YOU don't even need to do that much work or effort to be a part of it! There is 100 Trillion dollars of circulating money in the world, and even more value derived from stocks, dividends and assets. Property in the U.S. amounts to 100 trillion alone. Crypto only occupies $300 billion despite all the fake garbage out there and broken chains and functionality. It's not done yet. You are still early. YOU are NOT "too late". And the phenomenon will never, ever happen ever again.
Mason Brooks
the difference with crypto is that it is the first technology that frees people from a tyranny that has lasted 12000 years (currency debasement) the impact crypto will have is unprecedented in human history
The token economy will usurp traditional stocks slowly but surely and will be the real value of a company, not the shares that can only be traded after years of legal paperwork and official nods from the elites, offered on 1 exchange with fiat controlled by a PRIVATE federal reserve that has never been audited and does whatever the fuck it wants.
All these tokens will be traded against BTC and ETH, around the entire world, traded instantly, for just about anything. Some 5 year old pajeet with internet access in his village can trade and actually use tokens at very little cost. The kid can even get a job and get paid in tokens and easily cash it out for other cryptos to buy things. This will uplift humanity to new levels that old fiat currency cannot. Ready Player One is not the future. No, crypto coins are and there will be kids who will be able to interact with the rest of the world without having the confines of traditional regional banking and employment regulations.
Xavier Murphy
I mean obviously. I’ve always assumed the no coiner crypto fud posters are either just trolls shills or possibly people who bought btc in December got fucked and are now salty about it. It’s blindingly obvious to me that this whole field is the next tech innovation that normies will eventually accept as part of every day society.
Cell phones were invented in the 80s but didn’t become mainstream til the late 90s.
Within 5 years crypto will be mainstream. Probably less.
Michael Morales
Another part of this which no-coiners don't get is that this is not only about disrupting the traditional financial markets by replacing IPO's with ICO's or offering some new type of way to do payments. Its nice that you can now track a supply chain on the Blockchain or have a specific coin to buy X companies products with. But looking at something like MakerDAO you see bank lending systems being represented by a few hundred lines of code. You can literally become your own bank, lend yourself your own money and have nobody else accountable for your balance than yourself.
The tokens surrounding crypto systems are a handy addition, because they do allow you to invest without being accredited from wherever you are in the world. The real revolution will happen through decentralization of structures and giving everyone the ability to turn towards true financial individualism without banks.
Adam Gray
You guys are all really knowledgeable.
If you have anything else to share, please do.
Isaiah James
>Cellphone - greatly improving ease of communication with no comparable substitute; great improvement over landline phones and pagers
>Crypto - designed for online digital payments but too inconsistent in speed and value too volatile to used for payment or store of value and also not secure; zero incentive for people to switch over to crypto except for speculation
Charles Brown
Cell phones are actually useful
Isaiah Johnson
Listen, faggot. I'm aware that crypto is the future. I'm just having a hard time choosing between all of these shitcoins. What are objectively the best cryptos to hold? I was thinking XMR, BTC, BCH, and ETH.
Elijah Perry
Crypto is just a tool that will be used by Large Companies to crush what shitcoins exist now.
Well, there's a lot. I am personally shilling ZenCash around the clock because it opens the door to become something of a decentralized startup/bootstrap nation state - But in the big picture, we are surpassing the stage where Crypto is going to make everyone rich from investments towards the point where complex banking systems and structures are replaced by smart contract representations. Need a loan? Do it yourself. Need to finance a business idea? Submit a request to some crypto-ecosystems treasury. Need offshore banking? Stash your funds in DAI; later convert through Zk-Snarks or ring sigs. Want to earn all around the world and travel without a single dime in your pocket? Use crypto, leverage ROI from crypto projects which aim to become self sustainable.
Just preaching my own vision, but we are going far further with Crypto than most here can imagine. And many people will still make a lot of money through investments, we may still be the early adoptors to this. However, the adoption period for real crypto disruption has not even moved to the launchpad. As someone who has been living off Crypto since early 2013 to me it seems pretty clear. I need to make use of many systems already to not BTFO by volatility or end up wage-cucking despite of my over average mount of capital.
Carter Taylor
but crypto doesn't make anything easier like portable cellphones did, using credit card or figuring out how to pay for shit with addresses, friend addresses,tokens, fees, check whats my coin worth every fucking week.
credit card doesn't have that problem, trust me, people will use crypto in far future but so far that you have long forgotten about crypto anywayz.
Chase Wright
Noone cares about paying, it's about data transmission
Carson Flores
theres a problem with your analogy. The cellphone was just the mobile extension of an already existing technology with the same basic features just in a smaller more mobile phone. crypto isnt quite the same there issues with crypto, those in crypto dont want to resolve or are too lazy to resolve because it is ran by a group of autists who use linux.
1) wallets alot of crypto products require that u download the entire blockchain this could be 500mb or 30gigs. some other projects do it smarter and connect to a node, but still i dont see normies who still cant even copy and paste a file from their computers to their emails even in 2018 doing this.
2) address issues one letter/characteror entirely wrong currency address and you are fucked . "But you can copy and paste the address"- Lets say you copy the address but are just one character off or paste a bitcoin address into a eth one. There is no bounce back feature. no sorry but the address you sent does not exist, you send money to that address and its gone forever. At the very least for crypto to gain acceptance IT NEEDS THIS FEATURE DESPERATELY or there will be many fuck up (as there have been in the past)
3) while fiat has its flaws, it means that if someone stole 3million dollars worth of money. the feds can just print more and give it back to you in the form of insurance. Who is going to give you back your bitcoin or whatever if someone steals it from you.
4) metamask crashes like a motherfucker and is not simple for a normie. ask your parent to set it up and use it and see if they can do so without asking you for directions.
Nathaniel Collins
>cell phones in the 80s: to expensive, too heavy and the signal is too unreliable for them to catch on
Yeah you’re right crypto is dead you stupid cunt
Nolan Ortiz
>Cellphones become cheaper and more reliable >Crypto becomes even more expensive and unreliable
Grayson Cooper
> the feds can just print more and give it back to you in the form of insurance
do you think before you wirte, or does your braini have a spasm and you just throw up random shit?
top keks
Ryan Russell
Not OP. And don't exactly agree with the cellphone analogy, but still, you're looking at it wrong. For crypto to "disrupt" the financial system, more than just investments need to happen. People need to be able to bank through the decentralization and censorship resistance crypto provides. You should be able to do that at 10$ per month just as much as 1$ mil per month. Investing in shit coins or even Bitcoin should be something outside of that. Just because your regular bank may also be a stock broker doesn't mean that you are banking with them to speculate on stocks.
Parker Watson
>3) while fiat has its flaws, it means that if someone stole 3million dollars worth of money. the feds can just print more and give it back to you in the form of insurance. Dude... even if that stupid thing you said was real it would mean that the Fed would steal from everyone else (inflation by printing) to return the money to you.
Juan Adams
People will care if the government starts enforcing stupid regulations to ISPs, centralized websites and platforms. Crypto will be the tool for the new generation of people to avoid the government that elected and run by old farts. Crypto is not just a payment method where you don't need a card so the buying process is 5% more comfortable. It is a rebellion against the nation states.
This right here. I bought the dip two months back, and i bough the dip yesterday.
We've literally seen nothing yet.
Julian Adams
money gets stolen in a bank, money gets partially destoryed where does the new money come from to reimburse that? that is all thanks to the FIAT MONETARY SYSTEM. btw thanks for ignore the other things i mentioned
Camden Robinson
expect thats a relatively small minority, the major of people are sheep and simple wont care if the government cracks down on their freedoms or the propanganda will be if you have crypto youre a "x y z" bad person
Jordan Turner
Nobody wants to interact with their physical Bit Coins user, a bank will handle the security and end user experience for the normie.
Sure, but you do not need a majority for majority adoption. You only need a 4% minority, which isn't much. And even if that 4% is never reached, the minority itself has now created a eco-system which can financially sustain them without a banking system. Crack downs will happen yes, but those who truly understand crypto will not be affected. And money speaks in volume, any system which can fund upwards of a few billion can also buy themselves into governments and benefit of that.
On the 4% minority rule you may want to check out this
