Re:Bitcoin Hits $1 Billion
by Taylorious on Friday March 29, 2013 @01:07PM
(#5461683)
I think eCommerce was a different situation than what you describe. People were already used to calling up and ordering things over the phone from a catalog using their credit card. Doing the same thing over the internet wasn't that much of a stretch.
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Uhhh... if you were around in the 90s everyone said "nobody will buy stuff online". Everyone. News articles, talking heads, books, etc. People scoffed at sites like eBay even years after it's launch.
It was very comparable to bitcoin. Everybody has been complaining about bitcoin while the entire time it's been growing and growing and growing. It's still growing and people are still acting as if it's nothing.
I was in high school and college in the ninties, that wasn't my experience at all. Pretty much everyone accepted e-commerce from the get-go. So my roommate and I are guessing how old you are currently, one of us says forty-five, one says sixty -- who won?
That might be what you think, but you are not correct.
As someone who was actually involved in ecommerce in 1995, I can tell this was one of if not the biggest concern for consumers.
In 20 years, perhaps you will tell us BitCoin was not a big leap since we were already used to electronic checks and fiat currency.