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Ask HN: Whats stopping Crypto widespread adoption?

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Re: Ask HN: Whats stopping Crypto widespread adoption?

#4
It is widely adopted. HTTPS, whatsapp, password hashing, etc.

There's a lot more crypto that could also be widely adopted, e.g. pgp, encrypted dropbox-like-things, encrypted filesystems, etc. Generally I think it's a combination of poor user interface, crypto sometimes results in undesirable tradeoffs (e.g. worse data deduplication for dropbox), and not enough perceived benefit.

Re: Ask HN: Whats stopping Crypto widespread adoption?

#5
Surely it is applications. When I think about my tech friends and family I can think of few applications of cryptocurrencies that appeal to their needs. When I think of my non-tech friends and family the existing applications are far far inferior to centralized applications that already exist.

Why would my grandmother use bitcoin or any of the other applications built on blockchains? Stability doesn't matter to her. What matters is that there is something that it can do that she wants and current solutions cannot do well. All bitcoin does for her is instantly destroy her money when she inevitably loses her private key.

Re: Ask HN: Whats stopping Crypto widespread adoption?

#6
post #4

It is widely adopted. HTTPS, whatsapp, password hashing, etc. There's a lot more crypto that could also be widely adopted, e.g. pgp, encrypted dropbox-like-things, encrypted filesystems, etc. Generally I think it's a combination of poor user interface, crypto sometimes results in undesirable tradeoffs (e.g. worse data deduplication for dropbox), and not enough perceived benefit.

I think s·he's talking about cryptocurrencies such as bitcoin, ethereum, etc...

Re: Ask HN: Whats stopping Crypto widespread adoption?

#10

Why would the average person trust a bunch of cyber-criminals versus a bank? How do I know the crap I download isn't loaded with keyboard loggers, trojans, etc. And before you say well, you just compile .... you lost the average person at....

BTW, I think crypto-tech will over take p2p movies as it's first killer app.
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