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0 sats \ 1 reply \ @bitdern 19 Jan \ parent \ on: As a Bitcoiner, what's the biggest challenge you face in your daily use of sats? bitcoin_beginners
I'll address the questions in the order that I think will be easiest to understand:
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by "western" bitcoiners, I mean folks from the USA, Canada, UK, most of EU etc. like a geopolitical "west", NATO-sympathetic countries, if you will. the difference is that western bitcoiners don't need bitcoin as a monetary system, it is moreso an investment vehicle (store-of-value) at this point in time.
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I am actually not making the claim that eastern daily bitcoin usage is greater than western usage -- my assertion is that, in order for western perception of bitcoin to transition from store-of-value into medium-of-exchange (and thus increase bitcoin's utility as money), we need to develop frictionless ways to use bitcoin that are OBVIOUSLY better (to normies, not us) than the incumbent system.
1 & 4. in regards your original question "what are the challenges of spending sats daily" my mind immediately went to all the issues in using lightning on a daily basis. for the specific UX issues, I wrote this article for River a few months back - most of the issues I wrote about have not yet been solved.
- I agree and disagree with this point.
Where I disagree: If you create a seamless experience that surpasses a fiat-based experience, you really wouldn't need to educate users. They will simply use the product or service that is most convenient and cost-effective.
Where I agree (with caveat): education is important, but it absolutely needs to be contextually relevant to the subset of users you are trying to educate. Not everyone cares about the same things that hardcore bitcoiners do.
Thank you for taking the time and clearly respond point by point. For me still a bit weird that you differentiate between wester and eastern bitcoiners. True is that there's a fundamental mindset difference between the two sides, but also think there's no need to create this boundary, first because there's probably people that use bitcoin as store-of-value in the east as there's people that use bitcoin as medium-of-exchange in the west.
Moreover, please consider that the technology itself is Made in USA, so there's obviously the first-arrive-first-served here, the language has also been and still being a barrier to access bitcoin as most of the contents still being created i English. There's a lot we can do in so many aspects to help everyone globally understand this technology.
Have the expectation that UX will fix everything is not enough, and sound's like there's an expectation of things working effortlessly for you, instead of taking ownership and make things work with you. The concept of PoW apply globally too, so some effort needs to be done to get some reward, otherwise you'll still use bitcoin as you use fiat. Bitcoin is not only a store-of-value or medium-of-exchange and there's so much to do and learn to understand and apply the other characteristics and values enclosed in it.