Brian Armstrong CEO of Coinbase used to work at AirBnb.

I met him in 2013 and I asked him why he founded Coinbase and he explained the friction points at AirBnb, the ones you listed above


Bell_curve

That risk can actually be used to explain why you can't simply clone Bitcoin

As I was reading through the literature survey, I started thinking about how valuable bitcoin will be for international tourism. I'm sure plenty has been written about that already, but I had mostly thought about cross-border payments like trade or remittances. Being able to bypass currency exchanges by just spending bitcoin when you're travelling is going to be huge, eventually.

The thing that made me realize bitcoin will never go to zero was just seeing that there will always be at least some fringe weirdos who keep using it and mining it.

BooksAndArticles

Bitcoin Pricing, Adoption, and Usage: Theory and Evidence | Article Review

SimpleStacker

> That risk can actually be used to explain why you can't simply clone Bitcoin

That is an interesting point.

As I was reading through the literature survey, I started thinking about how valuable bitcoin will be for international tourism. I'm sure plenty has been written about that already, but I had mostly thought about cross-border payments like trade or remittances. Being able to bypass currency exchanges by just spending bitcoin when you're travelling is going to be huge, eventually.

The thing that made me realize bitcoin will never go to zero was just seeing that there will always be at least some fringe weirdos who keep using it and mining it.