Technology

Maybe? It reads like you're arguing that you shouldn't buy cryptocurrencies at all if you don't understand how transactions are handled. I don't think that's true, and that will just discourage the normal, everyday person from getting started. You may need that info if you're interested in investment/trading, but you don't really need to get into the weeds if you just want to pay for some online services.

The important thing for lay-people is to recognize the value cryptocurrencies can provide, understand which cryptocurrencies are "stable" (as in, not some altcoin scam), and understand transaction times and costs. That's honestly it. If we can achieve that, more people will start using cryptocurrencies for transactions where it's available, more vendors will see it as a viable payment source, liquidity will improve, and developers will address the issues as they come up.

If you're buying something other than the top few cryptocurrencies, then yes, I agree with you. But you're not going to do that if your goal is to use it as a currency, because no real vendors are going to accept whatever that new altcoin is. If you stick with the big coins and your goal is to spend those coins, you're not likely to get screwed. Bitcoin can work w/ Lightning, and Monero (my preference) is great on its own. Those are also the two that are most commonly accepted by vendors.

Maybe we agree there, idk. I think your comments read a little gatekeepy and from a "cryptocurrencies are investments" standpoint, and I think the focus should be "cryptocurrencies are currencies."