pull down to refresh
0 sats \ 16 replies \ @zapsammy 6 Dec \ parent \ on: Walked 30 mins to go spend Bitcoin... got to the resaurant and they had iBexPay? bitcoin
retarded by mind control.
Am I wrong though? Where is the adoption?
NgU is not adoption.
reply
reply
are we just that early then?
at least to a MoE revolution?
because right now bitcoin is a store of value, but not a medium of exchange.
in my opinion selling bitcoin for fiat is 'not' generally medium of exchange, it is a scam.
SN zapping for memes and good posts is more a MoE and that's what makes it so interesting (especially being lightning-based) but I'm not sure where else to find that.
reply
If we think it makes sense to compare the adoption of internet protocols (IP/TCP) to the adoption of bitcoin protocols (Bitcoin/Lightning), then yes, we are that early.
TCP was invented in the 70s, while bitcoin has only been around for 15 years. Current bitcoin adoption is more comparable to internet adoption in the 1990s, so basically the start of Web 1.0.
That might even be a generous comparison, as I’m equating bitcoin to TCP rather than lightning to TCP, which might be a more accurate analogy.
reply
So Bitcoin would honestly be around the year.... what 1995? 1996?
Earlier?
reply
reply
iphone, around 2007 seems really, really late to me...
This whole thing feels like 1996
I listened to Bob Burnett on 'What Bitcoin Did' a while back... and he compared this year (halving + etfs) to the release of Windows 1995 when personal computers (PCs) really appealed to consumers and 'went mainstream'. That's what 'the etfs' are combined with the popularity.
reply
iphone, around 2007 seems really, really late to me...
I know, I just wanted to give you an upper limit on an estimate.
and he compared this year (halving + etfs) to the release of Windows 1995 when personal computers (PCs) really appealed to consumers and 'went mainstream'.
So we're agreeing that it's indeed very early for bitcoin adoption if we still compare it to internet adoption? PCs had to go mainstream before the internet could go mainstream.
i wud continue practicing with the best features of bitcoin software & hardware until u encounter someone who wants to learn, and be ready to dedicate plenty of time toward that one determined individual.
maybe it's futile to onboard normie businesses; let them go under, and then bitcoiners will eventually buy out the infrastructure and start fresh, the right way, and pay employees in bitcoin. someone will eventually have to start the businesses back up.
in short, more pain necessary.
reply
it's just that people have so little appreciation for thermodynamically-sound money. it's so exciting, so fantastic, so incredible and yes the price has been high and yes mentioned in the news...
but to the extent "normies" talk about it there is overwhelmingly 1) denial 2) confusion and 3) some sort of rejection of something 'new'. Its ******* staring them in the face, Lightning is good really good with a decent channel set up and still...
I don't know anyone personally into Bitcoin. No-one really into self-custody, and no-way someone as into as to have an account on Stacker.
It doesn't make any sense.
reply
how cud u find someone away from keyboard to meet with and talk about bitcoin? have you tried the orange pill app or a local meetup? one way u cud spend bitcoin is go out for drinks or lunch with someone who is stacking and still wants to keep dollars, pay them in bitcoin, and they pay in fiat. that at least gets u used to the bitcoin payments on the street.
reply
i tried that once and it was cool. someone bought 10$ from me in bitcoin (i paid for some beer)
but that was once in an extended period of time
reply
reply
this is why i like SN so much. it's what bitcoin is supposed to be... peer to peer thermodynamically-sound cash. from person to person instantly and with relative privacy
finding that in the normal or 'meat-space' world though is exceedingly difficult
reply