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2315d
This is why bitcoin.com onboards more new #BitcoinCash users in a single day than the lightning network has added in its entire existence.
En Fri Mand
replied 2314d
I create more BCH wallets than I pickup chicks
replied 2314d
En Fri Mand
replied 2314d
Haha ye 😂
replied 2314d
BCH via CoinText can also send money without internet, just with a feature phone, BTC LN requires a node. thus BCH > BTC in opportunity for more users & includes those who need it most
replied 2314d
Always wonder what the screen shows in those enthusiastic stock photos, hope it is something like this , anyways, always fun to send BCH to newcomers.
replied 2314d
When we say things like "Backup your seed, public/private key, immutable public ledger, address reuse, 0-config, block time, miner fee" ect we sound like the LN guy to the uninitiated.
En Fri Mand
replied 2314d
Maybe we can in the layers on top - like regular people using Bitcoin banks though they will also have the possibility to hold their own keys which is what gives the freedom.
replied 2314d
The important part is to have the option, people should be free to chose if they want to be their own bank or if they want their bank to the their bank. Everyone is free to chose:)
En Fri Mand
replied 2314d
There's a lot of details you have to get used to in the beginning. Can we ever prevent that with a new system?
replied 2314d
Mobile wallet with a BCH/Local currency amount listed is as good as it gets currently, the only thing that needs to be done is writing and storing the seed, but that is done in setup.
En Fri Mand
replied 2310d
And then you need to buy it which is a whole process in itself.
replied 2310d
You used to be able to create an account on a site like localbitcoins and just do a bank transfer, no ID, no KYC, just go in an buy. Hopefully it becomes easier to buy with debit cards
replied 2310d
Yes, unless you are able to take it as a payment method as an entrepreneur, there are people who get paid in Crypto (at an discount), it used to be easier to buy Bitcoin ironically.
En Fri Mand
replied 2310d
"it used to be easier". When? I am quite new (January 2017)
replied 2310d
Around 2015-2017 it was possible to buy Bitcoin directly from others using wire transfer without KYC on for example localbitcoins.com, it depends on where you live in the world.
En Fri Mand
replied 2310d
Ah yes. I remember. Didn't know it was changed.