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by boysabr3 3096 days ago
Bitcoin is an asset (or a currency). Not a user experience. I think you should distinguish between the UX of a Bitcoin wallet app (which is analogous to Alipay and WeChat Pay) and the "asset" Bitcoin (which is more analogous to CNY or a stock you hold).

Bitcoin can be made user friendly with a user friendly Bitcoin wallet app. Coinbase could streamline KYC by partnering with banks / regulators, request Uber rides in-app, or enable QR based merchant payments (basically make it's app exactly similar to Alipay/WeChat Pay).

None of that has anything to do with the success / failure of Bitcoin. Bitcoin is failing because it is not a good store of value for consumers at the moment. It's too volatile and too hard to acquire. It's more of an investment class asset than a stable store of value I can purchase and not worry about.

The Alipay vs. Bitcoin comparison doesn't make sense — you're comparing apples and oranges.