Because you didn't read my tweet, I've gone ahead and captioned it here for u
. TL;DR Bitcoin needs usability tooling to be simplerpic.twitter.com/8samfZ9ZJv
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ok, the first step is to remove the banking intermediaries, simpler already. Add a dash of math. Less or more simple depends on perspective.
Removing the bank intermediaries brings us back to gold, not Bitcoin.
i think simple is installing an app, and now i can accept online payments. thats pretty simple from a usability perspective.
Something something simple is not easy.
Here's a way to think about it: if you don't run your own mailserver (because it's a shit show), you don't wanna be your own bank.
you don't have to manage your own bitcoin if you don't want, services like coinbase, Circle already provide "bitcoin" banking/wallets.
but doing so will just be adding intermediaries and recreating the complexity of banks.
Some of the complexity I don't like. Things like underwriting, risk management and regulation are strictly in my favor, thus my choices
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