30 Jul '15, 6pm

'People Are Just Too Stupid to Use Bitcoin Right Now' (Op-Ed) - CoinTelegraph

'People Are Just Too Stupid to Use Bitcoin Right Now' (Op-Ed) - CoinTelegraph

Note: The following article was chosen for publication as part of CoinTelegraph’s Super Writer contest . The biggest obstacle for Bitcoin’s mainstream push is not the technology itself but rather the public’s ignorance of the true nature of money. To fully grasp the advantages of Bitcoin, one must first understand the current financial system and, to some extent, the history of money and banking as a whole. “Ignorance is always afraid of change.” - Jawaharlal Nehru ‘Too stupid’ "People are just too stupid to use bitcoin right now,” I overheard someone argue at a bar a few weeks ago as we were discussing the potential of cryptocurrency. “Society’s understanding of where money comes from is the real challenge.” Sure, this statement is crass and may sound like the premise of a bad joke, but after giving it some thought, I recognized an iota of truth: the public is ignorant of...

Full article: http://cointelegraph.com/news/115020/people-are-just-too-...

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cointelegraph.com 29 Jul '15, 2pm

Note: The following article was chosen for publication as part of CoinTelegraph’s Super Writer contest If you are reading ...

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Bitcoin Will Succeed via Innovation, Not Laws (Op-Ed) - CoinTelegraph

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blog.blockchain.com 28 Jul '15, 2pm

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