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    Author Topic: This is the Real Reason people are interested in Bitcoin  (Read 1872 times)

    • cryptopaths (OP)
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    July 16, 2014, 12:37:35 AM
     #1
    This is the real reason people are interested in Bitcoin:  https://www.youtube.com/watch?v=zzO4zqWQLvY


    How do we show people there is more then money to bitcoin?

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    July 16, 2014, 01:03:44 AM
     #2
    Quote from: cryptopaths on July 16, 2014, 12:37:35 AM
    How do we show people there is more then money to bitcoin?
    We wait. Time will show all.
    Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.

  • Malin Keshar
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    July 16, 2014, 01:09:13 AM
     #3
    Nothing will be adopted if doesn't give personal advantage to the users, no matter how good or revolutionary it would be to the society in general.

     So it shows that bitcoin has some change of sucess, and not another good thing deemed to failure

  • keithers
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    July 16, 2014, 03:48:24 AM
     #4
    I would say that the real reason that most people are interested in Bitcoin is because they are hoping that the price skyrockets and it makes them money.

    Obviously there are some libertarians that like the thought of taking the power of money away from the Fed and Gov't, and then there is a smaller number of people that are interested in it's potential for micro-transactions.

    At the end of the day, I would say the largest percentage of people are here because they are hoping to hit it big like some of the early adopters that got in in the single digits. 

  • bitjoint
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    July 16, 2014, 04:41:33 AM
     #5
    The earnings are the smart incentivization scheme that satoshi designed for driving mass adoption. Let this group of people enjoy their game... As for the rest... just follow your principles (if you have them) and learn to dream

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    July 16, 2014, 04:57:27 AM
     #6
    Quote from: bitjoint on July 16, 2014, 04:41:33 AM
    The earnings are the smart incentivization scheme that satoshi designed for driving mass adoption. Let this group of people enjoy their game... As for the rest... just follow your principles (if you have them) and learn to dream




    Exactly how i feel, people my have the wrong ideas for what Bitcoin is about and what financial freedom really means.  I believe in time we can change and learn new ways to appreciate success and happiness.

  • tooil
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    July 16, 2014, 05:02:08 AM
     #7
    Yes. People hoping bitcoin can go up in value so they can exchange it for "more" dollar.

  • jonanon
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    July 16, 2014, 06:04:13 AM
     #8
    Quote from: keithers on July 16, 2014, 03:48:24 AM
    I would say that the real reason that most people are interested in Bitcoin is because they are hoping that the price skyrockets and it makes them money.

    Obviously there are some libertarians that like the thought of taking the power of money away from the Fed and Gov't, and then there is a smaller number of people that are interested in it's potential for micro-transactions.

    At the end of the day, I would say the largest percentage of people are here because they are hoping to hit it big like some of the early adopters that got in in the single digits. 

    I'd have agree with this, I'd like to see the mentality change but it will likely take time!

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    July 16, 2014, 06:12:14 AM
     #9
    Nice video

    I enjoyed the rap song and the ladies of course
    He-he I was thinking thats fiat for you got some wet paper guys  Grin

    Hmm more than money to Bitcoin now that is an interesting question
    Perhaps a Civ 4 Song combined with a sweet video about Bitcoin
    https://www.youtube.com/watch?v=HQfa5E1o_tc
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  • Ron~Popeil
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    July 16, 2014, 06:18:19 AM
     #10
    Why must we proceed with the assumption that profit is a bad thing? Some of the most important inventions in history were invented because people wanted to use their talents to improve their lot in life.
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  • Bit_Happy
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    July 16, 2014, 07:46:55 AM
     #11
    Quote from: tooil on July 16, 2014, 05:02:08 AM
    Yes. People hoping bitcoin can go up in value so they can exchange it for "more" dollar.

    As fiat "crumbles into dust", an increase in BTC/Gold is more desirable than BTC/cash_prices.
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  • eid
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    July 16, 2014, 07:52:26 AM
     #12
    Quote from: keithers on July 16, 2014, 03:48:24 AM
    I would say that the real reason that most people are interested in Bitcoin is because they are hoping that the price skyrockets and it makes them money.

    Obviously there are some libertarians that like the thought of taking the power of money away from the Fed and Gov't, and then there is a smaller number of people that are interested in it's potential for micro-transactions.

    At the end of the day, I would say the largest percentage of people are here because they are hoping to hit it big like some of the early adopters that got in in the single digits. 

    Those reasons aren't mutually exclusive. A person can desire financial success and wish to change the world at the same time.

  • GTA
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    July 21, 2014, 07:30:36 AM
     #13
    Its a shame its such a shit song

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    July 21, 2014, 08:16:45 AM
     #14
    boy howdy!  gonna take me some of my near worthless fiat and try to make even more worthless fiat out of it!  that's the plan for me :-)

  • DjPxH
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    July 21, 2014, 11:28:18 AM
     #15
    Money is a very strong incentive to get involved with things. If it wasn't for the stories about enormous gains over a relatively small time frame, bitcoin wouldn't have received that much exposure. That's also the reason why those coins that are directly backed by the USD 1:1 are going to fail.
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  • Harley997
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    July 22, 2014, 12:34:01 AM
     #16
    Quote from: DjPxH on July 21, 2014, 11:28:18 AM
    Money is a very strong incentive to get involved with things. If it wasn't for the stories about enormous gains over a relatively small time frame, bitcoin wouldn't have received that much exposure. That's also the reason why those coins that are directly backed by the USD 1:1 are going to fail.
    People are hoping to have similar outsized gains in the price of bitcoin when they invest/speculate in bitcoin.

    The main reason people want to use bitcoin is because it is more cost effective then alternative payment methods.
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  • keithers
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    July 22, 2014, 05:10:10 AM
     #17
    Quote from: eid on July 16, 2014, 07:52:26 AM
    Quote from: keithers on July 16, 2014, 03:48:24 AM
    I would say that the real reason that most people are interested in Bitcoin is because they are hoping that the price skyrockets and it makes them money.

    Obviously there are some libertarians that like the thought of taking the power of money away from the Fed and Gov't, and then there is a smaller number of people that are interested in it's potential for micro-transactions.

    At the end of the day, I would say the largest percentage of people are here because they are hoping to hit it big like some of the early adopters that got in in the single digits.  

    Those reasons aren't mutually exclusive. A person can desire financial success and wish to change the world at the same time.

    Yeah true, but I would say that 75% of people would rather have the wealth, than the ability to change the world.  Its not a coincidence that the wall/price observer thread is probably the most active thread on this entire forum.

  • onlyu
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    July 22, 2014, 05:12:54 AM
     #18
    The train has left the building.

    General public are usually the last wave of bag-holder.

  • eid
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    July 22, 2014, 06:03:46 AM
     #19
    Quote from: keithers on July 22, 2014, 05:10:10 AM
    Quote from: eid on July 16, 2014, 07:52:26 AM
    Quote from: keithers on July 16, 2014, 03:48:24 AM
    I would say that the real reason that most people are interested in Bitcoin is because they are hoping that the price skyrockets and it makes them money.

    Obviously there are some libertarians that like the thought of taking the power of money away from the Fed and Gov't, and then there is a smaller number of people that are interested in it's potential for micro-transactions.

    At the end of the day, I would say the largest percentage of people are here because they are hoping to hit it big like some of the early adopters that got in in the single digits.  

    Those reasons aren't mutually exclusive. A person can desire financial success and wish to change the world at the same time.

    Yeah true, but I would say that 75% of people would rather have the wealth, than the ability to change the world.  Its not a coincidence that the wall/price observer thread is probably the most active thread on this entire forum.


    Sadly I can't argue with this. People are very short sighted in general and often fail to see what really generates happiness, hence the state of the world.
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