Interesting Dialogue on Fox Business News Varney Show
Jim Rogers, economic forecaster, appeared on Varney today. He is attending a blockchain conference today in Miami and indicates he knows nothing about cryptocurrency nor blockchain.
Mr. Rogers told this interesting story:
He recently went to China. While attempting to purchase an ice-cream cone, he had no bitcoin or cryptocurrency wallet and the woman offered him the cone free of charge.
He stated that many people have told him that the problem with cryptocurrency is education. And he added, he's looking forward to learning at today's conference and will get back to Varney on the conference.
Education is the Key
I agree with Mr. Rogers on educating the public. I had a very difficult time understanding the process of purchasing. My bank at first denied my first request for funding Coinbase. Then I needed to have a perfect scan of my ID. Once I received my credentials with Coinbase I had no idea what to do next.
Since I'm retired I wanted something interesting to do. Here I am, but only because I persevered.