27.11.2014 - Who Will Benefit From Digital Currency?
One of the questions that’s still an open question is whether, if all your friends had Bitcoin, if you would find it useful to use Bitcoin too. Right now, people don’t use Bitcoin to split checks, because for every person who has Bitcoin, most of their friends don’t. But if you had a whole community of people who all had Bitcoin, would they find this to be more convenient than using cash or other options? By seeding an entire community with Bitcoin, we can test the hypothesis that it’s lack of community adoption that’s keeping people from using Bitcoin. Another hypothesis is that maybe it just doesn’t provide that much value above cash or other alternatives.........................................Full Article: Source
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