Every time I bring up BitCoin, people quickly say “I don’t get it”, or “It’s too complicated to use”. Then I ask them “Guess how many websites existed online in 1993?”. 623. At the end of 1994 – over 10,000+.
Oh, and how hard was it to use the internet at first? Well you needed to use your phone, dial a number, put it on a special machine, then slowly wait for the content to “download” onto your computer. But people did it.
It solved a HUGE problem. The value outweighed the friction for the early adopters and as these issues got resolved with things like; built-in-modems, more website, e-commerce – adoption sky rocketed. BitCoin is like the internet of 1994.
For the geeks reading this: BitCoin is the TCP/IP + HTTP of money.
Need more proof, watch this video.