Tuesday, January 16, 2018

Sell them wallets

The CEO of the oldest bitcoin exchange says all platforms are struggling with 'the massive, massive amount of new users


The entire world of humans wants a spot in the Singularity, what a coordination failure! Even I didn't expect the growth. I have the solution.

Do not sign them up, sell them hardware wallets that are pre-configured to trade, they just activate the thing.  Or, alternatively, the hardware wallet vendors can agree to a third party that robotically signs the wallet up for any particular exchange. Get the human out of the chain, almost entirely,all we need is thumbprint and passcode consistency at the wallet.

Then, the hardware wallets just tend  all 6 billion of us, and the exchanges can tend to autotradng.

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