Most people probably need the approval of the government they all despise. I can understand however the reluctance of people, tbh there arent a lot of cryptos actively being used and i think that will be a huge trigger for people to really take it serious. For me however i would agree with your answer, but even in an extreme case like that, i wouldnt give up hope as the technology behind it is too good to overlook.
RE: For discussion: What would it take to change your mind about block chain?
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For discussion: What would it take to change your mind about block chain?
That's a good point. Something that @dan said in one of his posts or comments a while back resonates with me. It was something along the lines that he has never seen a cryptocurrency with an active development team go completely to zero.
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Exactly, the point when cryptos die is when the developers stop caring and give up! And honestly there are soo many passionate teams around that i doubt this will ever happen.
I don't know if BTC itself has the passion, but honestly BTC has nearly done its job and its now up to the altcoins to claim the spotlight for themselves and so we can really start making progress.
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I agree that btc will has "nearly done it's job" at this point
I personally have some pretty high hopes for litecoin. And @remlaps comment regarding dev teams - exactly! The tech behind it really pushes things forward. I received 100 dollars fiat in the mail the other day for a gift and really started thinking about how Much that paper was really worth... Not much if anything. Why people still have faith in money that isn't backed is beyond me in a country that's how far in debt? It's absurd.
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