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Wed Mar 19 21:07:43 UTC 2014  <ninjashogun>   deadweasel, the major hurdle is that people who don't do forex don't normally talk of 'buying' currency. That's the only hurdle. Specifically:

Wed Mar 19 21:07:23 UTC 2014  <ninjashogun>   deadweasel - I think i have some insight on this.

Wed Mar 19 21:07:01 UTC 2014  <deadweasel>   ninjashogun, explain a bitcoin to a a newbie and then convince them to buy some.

Wed Mar 19 21:06:39 UTC 2014  <ninjashogun>   unless there is some inherent conceptual hurdle that people can't understand.

Wed Mar 19 21:06:24 UTC 2014  <ninjashogun>   I would very humbly suggest that in the long term it might be.

Wed Mar 19 21:06:16 UTC 2014  <ninjashogun>   ThickAsThieves, but why such a strong statement above? "bitcoin really isnt for the masses"

Wed Mar 19 21:05:52 UTC 2014  <ninjashogun>   ThickAsThieves, I understand this.

Wed Mar 19 21:04:38 UTC 2014  <ninjashogun>   I mean as an analogy for a physical wallet with cash in it.

Wed Mar 19 21:04:21 UTC 2014  <ninjashogun>   So we've identified two differences (1) transactions are final (2) there is a history of transactions somewhere. Is there anything else that would be a conceptual hurdle for everyone using bitcoin?

Wed Mar 19 21:03:20 UTC 2014  <ninjashogun>   But this is true with a wallet as well. When you hand someone cash you don't expect to be able to unhand them that cash.

Wed Mar 19 21:02:40 UTC 2014  <ninjashogun>   ThickAsThieves, I'm not sure why bitcoin can't be for the masses. A wallet is an extremely close analogy with a physical wallet. The only major difference is the history. Isn't it?

Wed Mar 19 21:00:54 UTC 2014  <ninjashogun>   asciilifeform, I guess I had a different market in mind, not the true bottom third of the Pyramid of society.

Wed Mar 19 21:00:33 UTC 2014  <ninjashogun>   asciilifeform, thank you for that link. I actually completely agree with it.

Wed Mar 19 20:59:51 UTC 2014  <asciilifeform>   ninjashogun: 'Honest toil not so much, but honest cunning aplenty in this fabled subsection of the population, the offensively stupid poor. The costs of the strategic mistake of dealing with them are huge. Up until recently it was practically impossible to become embroiled into any sort of dealing with the subgroup, their ownership being strictly assumed and their lives strictly subsumed by the corporations com

Wed Mar 19 20:59:51 UTC 2014  <ninjashogun>   ThickAsThieves, what did you say?

Wed Mar 19 20:57:59 UTC 2014  <ninjashogun>   asciilifeform, so if someone were to create something idiots could (actually) use then it would be (for them) as thought only it existed. Apple often does this and practically claims competing technology doesn't even exist.

Wed Mar 19 20:57:30 UTC 2014  <ninjashogun>   asciilifeform, so for their purposes, it might as well not exist. For example, for the purposes of most people in the world, bitcoin doesn't actually exist (theyu can't buy it at a western union currency exchange, or know how to install software for it.)

Wed Mar 19 20:56:37 UTC 2014  <ninjashogun>   asciilifeform, I've always heard that if you make things for idiots, you will always have a huge market, since most people don't use most technologies.

Wed Mar 19 20:56:19 UTC 2014  <ninjashogun>   asciilifeform, link to "see mp's piece on why it is unwise to become embroiled in the making of products for idiots." ?? This is about the opposite of what I've always heard.

Wed Mar 19 20:55:40 UTC 2014  <ninjashogun>   benderp, sorry!! I was very interested in your response, just a bit delayed. I'm doing a few different things.

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