
“‘It took the nations of the Eurozone ten years or so to deploy the Euro, and that was introducing an entirely new currency,’ he says. ‘We’re trying to do the same thing with bitcoin. We’re trying to roll out a currency from scratch. And as the experience with the Euro showed, it takes an incredible amount of time to change over POS systems and cash registers, to train end of line merchant workers with this new payment system.’ Garzik believes that this is just the start. If his vision comes true, then maybe bitcoin could be as big as the Euro. Only, you know, without centralized banking and dysfunctional national economies gumming up the works.”
http://www.coindesk.com/bitcoin-developer-jeff-garzik-on-altcoins-asics-and-bitcoin-usability/
Related posts:
Bitcoin Architect: Everything You Need To Know About Bitcoin
Ron Paul: People Suffer and Die and then You Wonder Why They Get Mad at Us?
Small government promoter Rick Perry sends Texas $2.6 million bill for promotional travel
Doug Casey: “Gold Stocks to Create a Whole New Class of Millionaires”
Janet Yellen On The Financial Crisis: "I Didn’t See Any Of That Coming"
Is It Seditious to Oppose Drone-Killing? If So, Count me as a Seditionist
Biden in 2006 schools Obama in 2013 over NSA spying program
Another Push for Global Taxation from the United Nations
WikiLeaks Volunteer Was a Paid Informant for the FBI
Erik Voorhees: “Bitcoin is the new Frontier”
Michigan Governor Declares Emergency in Detroit; Grabs Power from Locals
What Happened to Chicago’s Murder Rate After Concealed Carry Law?
Petition To Pardon Edward Snowden Reaching 100,000 Signatures
Automatic Record-a-Cop App for Smart Phones
A Recovery Where You’d Least Expect It