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RE: Imagine the BlockChain and BitCoin as humans.

in #bitcoin8 years ago

BTC isn't secret, it just isn't user friendly. I have repeatedly lost valuable data, both from my personal computers, phones, and online. Until BTC can realistically solve that problem for everyone, which includes people below average intelligence, most people will rightfully avoid adopting it, as have I.

I set up my first computer network in 1987 using CP/M and Osborne personal computers, so I am not new to the internet.

BTC can easily be stopped through trivial regulation from becoming accessible to the public at large, simply by allowing current state laws governing wire transfers to apply to BTC. There are lots of other ways to prevent widespread adoption, too.

I'm all for BTC, but it needs to address ease of use, and be able to be recovered in the event of hardware failures and password loss.

Thanks!

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