You are viewing a single comment's thread from:

RE: The Number 1 Problem With Crypto

in #ctp5 years ago (edited)

I both agree and disagree with you.

Crypto doesn't have to be simple, quite the opposite. But the presentation, the outer level of interaction for the regular person needs to be stupid simple. That's why Coinbase has the biggest userbase from the crypto exchanges out there, because it's simple.

About your example with J.K. Rawling, I'll be honest with you. From what you described this didn't go down well. If she would have said instead of "bitcoin" - "money", do you think it would have been less chaos in the thread? I doubt it. Other than many people thinking she lost it because she doesn't understand money, there would have been just as many types of explanations and potential scams thrown at her thread, maybe even more, because more people are "informed" on the subject.

Where I agree with you completely is that 99% of people don't care a bit about any of the topics you mentioned. They care if they can use something and use it without headaches and if they'll find their friends there or if it's a suitable environment to bring them if their friends haven't joined yet.

Sort:  

Oh the simplicity isn't in the tech. For example, I couldn't tell you at all how a TV works. But when I press a button and it turns on, I use it everyday.

I'm not saying crypto itself should be 'simple', I'm saying our way of working with it, using it and sharing it should be....Keeping things simple leads to much more adoption.

For example, I couldn't tell you at all how a TV works.

Exactly. Great example. I used the car example instead on occasions, but yours is even better.