>With that sentence, I meant that bankless people suffer hardship because they can't get access to basic banking services like savings accounts, currency exchanges, and money lending.
That's exactly who I'm talking about. And I think this will be the group who adopts Bitcoin, because there's a lot of friction in that market. Bitcoin is being seeing major adoption by markets with significant friction (silk road -> gambling sites -> ?).
>While it's true that bitcoin doesn't have a central monetary authority, you still need a gateway to exchange currency for BTC (currency exchange), some way to safely store your private keys (savings accounts), and lenders.
That's exactly who I'm talking about. And I think this will be the group who adopts Bitcoin, because there's a lot of friction in that market. Bitcoin is being seeing major adoption by markets with significant friction (silk road -> gambling sites -> ?).
>While it's true that bitcoin doesn't have a central monetary authority, you still need a gateway to exchange currency for BTC (currency exchange), some way to safely store your private keys (savings accounts), and lenders.
I agree that there will be a transition period.
No comment on my call for mutual respect?