Happy SATurday m8 😂

We've all got some experiences and time in the market to share with others, we're the gurus they will be coming to to ask questions on crypto!

Ha ha, I'm far from a Guru. But i have had all kinds of people asking me about crypto over the last 4 years. most just want me to buy it for them... and then sell it for them when it quadruples. I once had a very suspect geezer (insert friendly scouse gangster) in a pub offering me tens of thousands to double his money. I had to very carefully extricate myself from the conversation, and that pub, when his back was turned 😂

In all seriousness tho, the complexity of bitcoin is the biggest barrier to adoption. I spoke about this a little in my most recent post

Once people realise that their spending power exponentially increases with Bitcoin compared to relying solely on cash, people will flock to services like BitPay. When they can easily buy their monthly shopping for half the price using crypto, worries about network fees will become a moot point.

That is the holy grail of crypto. Making it possible for people to spend it without having to interact with private keys every time. I reckon that in the future someone will finally develop a custodial service whereby newbies can spend money through a card and then payback a balance in BTC at the end of each month. Then their private key becomes a little like a password that they only have to deal with once a month. It is far from a service that I'd use because of security worries, but the vast majority of people will need something as simple, or simpler, to get on board.

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