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What, do you think, is key to on-boarding in crypto?Convincing someone they need bitcoin.
I have no idea how to buy bitcoins. I guess I could find an exchange, or I could also go to the Bitcoin ATM at my local Thai place. (Seriously. No idea why.) But I apparently have to provide my driver's license to exchange cash into crypto-currency.
What? I'm not putting that into a random machine. That's insane. I don't have to provide identification when I'm exchanging Euros into Dollars at the airport, why do I have to send off all this valuable information to a random person through an ATM over a god-knows-what-kind of connection?
Great. I've just jumped through hoops, and for what? What am I supposed to buy with it that I can't buy with cash or credit? It seems to me that about the only thing I can do with it that's useful is move a large sum of money, relatively cheaply - and if I happened to buy the bitcoins from a guy in a parking garage, I might even be able to do it with something approaching anonymity - assuming I never, ever, ever make a mistake.
So how do you convince, say, my mother or my grandfather that they need bitcoin?
Convincing someone they need bitcoin.
I have no idea how to buy bitcoins. I guess I could find an exchange, or I could also go to the Bitcoin ATM at my local Thai place. (Seriously. No idea why.) But I apparently have to provide my driver's license to exchange cash into crypto-currency.
What? I'm not putting that into a random machine. That's insane. I don't have to provide identification when I'm exchanging Euros into Dollars at the airport, why do I have to send off all this valuable information to a random person through an ATM over a god-knows-what-kind of connection?
Great. I've just jumped through hoops, and for what? What am I supposed to buy with it that I can't buy with cash or credit? It seems to me that about the only thing I can do with it that's useful is move a large sum of money, relatively cheaply - and if I happened to buy the bitcoins from a guy in a parking garage, I might even be able to do it with something approaching anonymity - assuming I never, ever, ever make a mistake.
So how do you convince, say, my mother or my grandfather that they need bitcoin?