how will the laymen use bitcoin?
728 sats \ 5 comments \ @brandonsbytes 7 Feb bitcoin
I was discussing with some guys, and we were split. will eventually everyone understand how to manage their own bitcoin wallets, keys, nodes etc. Or, will there be a large amount of custodial institutions? or, is the transition to a bitcoin standard going to necessitate both. laymen will level up their understanding and services will develop was well.
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898 sats \ 0 replies \ @GlobalThreat 7 Feb
same way uncle john uses tcp/ip
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570 sats \ 1 reply \ @Turnspit_Dog 7 Feb freebie
All you have to do is head over to Reddit and look at the subreddits for any hardware wallet; Trezor, Ledger, Coldcard, etc... the number of people that still do not grasp the blockchain, public/private keys, security is fairly large.
Bitcoin has been around for 15 years now. We still have a long way to go before the average person starts self-managing their assets. Look at the early internet; the early adopters hosted their own servers, websites, email. Nowadays, everything is a managed service. Bitcoin will probably go that route, being a managed service, whereas those techie/hobbist/nerds will still be in full control of their own assets.
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21 sats \ 0 replies \ @Fabs 7 Feb

Amen!

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21 sats \ 0 replies \ @anon 7 Feb
It will be custodial - because they don't care. Hopefully it's anonymous chaumian ecash banks rather than insolvent fraudulent fiat banks doing the cuatody
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21 sats \ 0 replies \ @Fabs 7 Feb
People are lazy and stubborn to change. People that know how to navigate the Bitcoin-jungle will always be a minority, custodians will be needed for the masses.
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