More of a trade off than a bias. Easily Transactable could change to Moderate for Bitcoin, however it DOES solve problems to transact for many people that banks don't currently.

Plenty of people use bitcoin to send money back home over using something like western union. Or to send large wires that banks will have to approve and note why you are sending X amount to "so and so."

See your point though, we DO need better wallets and easier transfers between wallets.

Nice comparison!
However, I also agree about user-friendliness should be mentioned in the above table. I also propose one more variable to discuss, that is "offline use" or similar. The major drawback of bitcoin is too reliant on the internet. While bitcoin/crypto might flourish in many years to come, at the moment, many places still don't have a stable internet connection (or no connection at all).
People need time to treat bitcoin as (or more) valuable as gold or cash since these assets have hundred years of history in human civilization.

It's definitely an interesting subject. I know of people transacting with physical Bitcoins which requires no internet connection at all. It's basically transacting in private keys, but it seems to work very well if you are dealing with a trusted party. I have bought unfunded Denarium Bitcoins and funded them myself to use at whatever point in time may there not be an internet connection available.

The best thing is that you can move value without anyone else noticing anything, because the funds don't move on-chain. I expect this field to bloom even more in the forthcoming years, all to make sure the trust aspect becomes less of an obstacle with usefulness intact.

We did hesitate on that one. It's to balance out the "mega new protocol" that is more secure than bitcoin (if it ever exists or ACTUALLY works) whenever that shows up.

We know someone is going to make that claim down the road and it's already clear we don't have anything that's been proven long term secure like bitcoin. Shitcoins are mostly shit though, agreed.

This is something that everyone that is criticizing bitcoin for not having "intrinsic value" should take a look at.

People don't realize this, but it's the fundamentals that bitcoin is run under that makes it valuable. It is decentralized, just like gold, yet it is much more portable and divisible that gold can ever be. It doesn't have the inflationary traits that fiat does, which means that in the long term prices should act as a hedge against fiat inflation, if demand for bitcoin as a currency/store of value stays the same.

It's these utilities that bitcoin has that gives it value. Unlike what others say, fiat is the complete opposite when it comes to it having intrinsic value. The central bank can print more of it as we speak, and hyperinflation resulting from mismanagement is common. Bitcoin solves the issues of both centralized currencies being untrustworthy for storing wealth in the long run, and gold being too inconvenient to deal with. Those are ultimately the reasons for me to hold bitcoin for the long run.

That only seems to work with a trusted party. Otherwise you need an internet connection to prove that a bearer instrument (like an Opendime) really contains bitcoins. The seller might know the Opendime is loaded, but the buyer doesn't.


I like the idea of keeping funds static as well, which is why I find Opendimes so appealing. However, I'm slightly paranoid they could be tampered with to reveal the private key without anyone knowing.

This can be the reason why while we are welcoming change we should not assume that all people can go for cryptocurrency as there are situations when technology is not available. Can you imagine if there will no internet or there will no gadget...how can you pay for something you direly need to buy? Or if you are buying something from traditional farmers who don't care about Bitcoin? Cryptocurrency should be taken as an additional choice we can use and not a total replacement for things that are still working. We should not be blinded with realities surrounding us otherwise we can be creating problems instead of solutions.

@1Referee @squatter
Actually, for a small amount of money, a gift card/voucher will do the job. Buyers only have to scratch the back of the card to get the private key. Perhaps a QR code would be beautiful. Yeah, it still requires a trusted party as the card issuer (and of course the card seller). But for $5 or $10 gift card, the risk is not that big. It's similar to print your paper wallet with $5 or $10 worth of BTC inside it.

But still, users need to use the internet to swipe/use the private key.

Everyone is calling for a $1000 - $1200 BTC coming, there is no support at the current level.

Very experienced traders (Tone Vays, Nick Core) were hoping Tyler Jenkins was off with his call months ago.

8:00 mark
https://www.youtube.com/watch?v=KBUZXG2jeVU

Old men don't lie about this stuff  

Hate to say it but it doesn't look like a good buy until that price range comes in.

** Note: For anyone interested in his hyperwave theory and how long he has traded for wall street based on this trading theory (other traders are just starting to learn his method) he goes into some details here:
https://www.youtube.com/watch?v=50ruB0sbwIg