RE: Has Bitcoin become a shitcoin?

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Has Bitcoin become a shitcoin?

in bitcoin •  8 years ago 

I can't agree more with your reply. I am testing some of them already (like cloud storage blockchains) but my experiences are that none of them are ready for the big masses! (They are still away from the ease of use like One drive or Google drive, ...). The same counts for pure "currency"-crypto's, we need an easy way to send, store, ... which is secure and easy to use for the big masses...

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Exactly, the masses! The currency cryptos have come along way since I first entered this space in 2013. The first time I bought BTC I had to buy linden dollars (from second life) and trade them for BTC. Coinbase makes that so much easier. Also, the hardware wallets that are now available make it easy to spend your crypto coins but are as safe as cold storage. I’m tired of needing to make new paper wallets every time I sent coins from an account, but it was the only way to keep your coins truly safe back then. Still things need to become easier. One of my friends wants to invest a little in cryptos but he is afraid of sending the coins into the abyss if he screws up an address. I don’t blame him but it’s issues like that that this space needs to solve to build confidence with the masses.