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RE: Futures Products only adding to the popularity of Bitcoin
People can see all this growth but they still don't understand how it is growing which makes them skeptical. When I am with my family this Christmas, what is the best way to explain to them why crypto is the future?
Explain to your family all of the benefits of cryptocurrency, from the quick and cheap transactions anywhere in the world, to the financial freedom it can provide to people all over the world (including places where banks are not established). More importantly explain the implications of the blockchain. This is perhaps the most important aspect that bitcoin has provided to humanity. It can be used for transparency, and the sharing of many applications such as electricity, computing power and so much more.
Thank you. When they talk about changing their coin to cash I will have to tell them how difficult it is. Is that going to change?
Naturally, yes, it should get easier. Banks will most likely be forced to adopt crypto-currencies and will need to provide more elegant platforms.
BUT why stop there? I think the better solution is that one day soon you WONT NEED to switch back to cash ( aka common retails begin accepting crypto-currency as standard payment). When you can buy common items such as groceries with a digital decentralized account, the question becomes why even switch back to cash?