Bitcoin Forum

If you think about it, full bitcoin adoption has some similarities with the global campaign against climate change. To slow down climate change, we need to significantly cut down on our use of fossil fuel and start relying on safe and renewable resources. To fix the flaws and imbalance created by the centralized financial system, we need to start adopting a decentralized currency--Bitcoin. We need to deal with our dependence on fiat currency to improve our financial system just as we need to deal with our dependence on oil to fix our climate problems.  

Just as educating people about climate change isn't enough to save the planet, it's apparent that educating people about bitcoin isn't enough to push for full adoption. No matter how knowledgeable people become of Bitcoin, full adoption won’t be possible if we can’t figure out an efficient way to access and use bitcoin outside the Internet. Only 57% of the world’s population has internet access, and a large portion of those with internet access suffer from a poor connection. That part has to be fixed first.

Some suggested creating a system that allows sending Bitcoin through the use of a third party SMS wallet provider or broadcasting Blockchain data over DVB-T, but how sure are we that those can promote unlimited access to digital currency? And how about those who don't have access to digital devices? I'm guessing we won't be able to completely get rid of fiat currency even if crypto supersedes it. I'm patient and hopeful though. Please let me know if there are new technologies made to address this issue. I'd love to learn about them so I can include them in the information I'm sharing others about Bitcoin. ;-)  

Internet usage is 59% according to Statista's data as of July 2020. Even if that figure becomes 100% one day, I doubt that will guarantee bitcoin adoption. It is hard to achieve when we look at how wired people are to centralized services and the convenience they provide. Even if we try to educate people about decentralization, only a small percentage will be interested. Let's take a look at how many people are into bitcoin. How many of them are using custodial wallets like Coinbase and how many of them are trading on centralized exchanges? When you see how new users today are looking at btc as an investment rather than a decentralized currency, where they can transfer anywhere without restrictions, how will adoption happen?

Climate change is inevitable.It's too late to take any actions that would reverse the process of global warming.
Integrating third party solutions,which are centralized,just for the sake of boosting global Bitcoin adoption will change the concept of Bitcoin and turn it into a crypto version of the centralized currencies.
Crypto mining kinda help for pollution and global warming,because miners in China are using electricity produced by burning coal,which means that crypto mining is still part of the problem,not part of the solution.

Except one is a problem of the nature while the other is a problem of human greed. With or without the Internet access, Bitcoin full adoption will just never be a reality. At least not for this generation. We cannot fully adopt a decentralized currency in a centralized economy and governance.

Third parties were exactly what Bitcoin was supposed to eliminate. Third party SMS wallet providers are really just unnecessary - if we're about to go the third-party way, we don't need Bitcoin anymore then I guess.

I do not think Bitcoin will ever be a good candidate for fiat replacement. It will either become a store of value or some rebel's currency - although I believe the rebel one will be XMR. The most important thing is that we now have a currency that does not have any central power, is transparent, is theoretically foolproof and functions just flawlessly. Until we figure out how or if we can transfer all of this from the digital world to the real one as well, Bitcoin fulfills its purpose right here through its existence.

Civilizations need time to adapt. Older generations especially in third-world countries are more on the conservative side so it is very though to change how they do trivial things like making payments.
But as generations pass and we push the idea of having a decentralized financial system, one day hopefully we'll have full adoption, but until then I am satisfied with lower percentages as well ;)

I think the majority are afraid to use new things, since they need to learn it and who knows which one will scam them later on. I can understand why they're not that open to change, since not all of us are. If anything, I think that's fine though, since in 10 years or so those who shoulder the economy will change to the younger generation, who can adopt changes and learn new things quickly.

Expecting cryptocurrencies to supersede FIAT adoption is a fool's gambit in my opinion. As you mentioned, people will never stop relying on oil or FIAT, but the dependency percentage can definitely change though.

We need to logically prove how crypto is a great alternative solution to FIAT currencies. Volatility factor needs to go down along with the TX fees and time.

Most people would not be willing to use a currency that has higher fees, TX times etc when compared to FIAT which is why this should be the priority.

Many would disagree with replacing fiat ngl. Yes, Crypto fills in the disadvantages of the current fiat system, but at the same time, it also provides its own disadvantages. Speed and Tx fees are one, but imo, it's only a matter of time before those are resolved, especially speed with the currently developing of the lightning network. The other would be the decentralized system. The decentralized system forces people to actually take proper responsibility for their funds, not anyone else. Yes, some may actually see this as an advantage, but for those who naturally want everything to be done by others? The centralized system is much more attractive to them, not to mention that we live in a centralized government.

Most changes in ways involve ditching or moving away from one technology towards a new one, or one habit towards a new one that's why you are seeing such similarities. The difference I see between climate change and bitcoin is that the former is a cyclical change that happens every so often, while the latter is an emerging tech looking to change the ways of payments and money as we know it. Climate change is already a given occurrence stated by science (though somewhat exacerbated by human activities for the last 150+ years) while bitcoin is like a new discovery.

While bitcoin's novelty in the financial world is lauded and criticized at the same time, I still don't think that it will completely stomp fiat even in the next few decades. Perhaps cryptocurrencies can, but bitcoin won't. No matter how open the public is in accepting this new fad, it still lacks the flexibility and the 'control' button for regulators to make or break the economy, which is very important considering that the whole financial system is based on control and manipulation of whoever runs the seat, and you can't do that on bitcoin that easily.

Because scam has been highlighted to much on mainstream media that's why it creates fear to the people who doesn't know on what bitcoin really is. But for sure young generation will create a impact on this new technology and once all is been doing great in this industry for sure those people who doubts about things will surely adopt bitcoins and what it can offer to them, although this will take time but slow growth still counts.

Large part of population needs more time to adopt bitcoin and cryptocurrency especially those in remote area  without internet connection and doesn't even know what and how to use gadget or modern technology. Another thing is that many people doesn't want to replace fiat with bitcoin.

It's not a problem that the people without Internet access aren't adopting Bitcoin, the problem is that almost everyone who do have access aren't adopting Bitcoin either. If only 0.01% of people with the Internet adopts Bitcoin, than even if you somehow manage to get those 43% without the Internet access to adopt Bitcoin, it probably will be the same percentage or even less. Bitcoin needs exponential growth to achieve mass adoption, and so far it's not working - people are choosing to stay with banks and fiat currency, even if it fails them.

It doesn't have to be completely virtual currency. It should be both virtual  and physical currency. I sometimes find the idea of eliminating physical currency really strange. If you prefer virtual/digital, then go for it, rather than imposing it on people who prefer something different.
I think you could create a small Local "internet" Network in a community and bitcoins/cryptos could be used and printed in the community like you would use physical currencies. You'll need to build the applications and equipments for this though. And I believe it will be cheap to build.

too bad the ones callings the shots, the ones at the top of the 1% along side banks and govt, will do whatever is in their power to keep the current system going. So why don't we accept the fact the fiat money dependency will never go away, at least not in our lifetime, and just forget about the "bitcoin adoption to improve the worldwide financial system" and move on?

how about sending BTC through radio waves? some people gave it a go  https://bitcoinist.com/bitcoin-sent-ham-radio

There are already a lot of mobile wallets actually, though not sure if they have the direct sending by SMS option yet. I think adoption will keep increasing as many see the benefits of unreversible and uncensorable transactions. I've now been a part of many communities that mainly trade in BTC and the P2P volume is only increasing.

Also as far as creating a future with less emissions, BTC will play a large role in this by being more energy efficient than the traditional banking sector, possible upgrades to Proof of Stake could also drastically cut energy cost.

We need a global network to validate the occurrence of transaction between nodes of bitcoin. There is no other networks as comparable to internet. If we in future has a much more decentralized and free form of data transmission, like a free global radio frequency, bitcoin can with collective decision move to it. Unless that happens, internet is a solid tool for verifying the transactions.
Things like SMS transaction are being done but that completely relies on third party holding your coins, which itself is not a great idea.
The only way of moving coins offline is exchanging private keys without keeping a copy, which is practically impossible.

Is there really a need to get rid of fiat? No. We all know that that would be hard and bitcoin adoption does not really mean to replace fiat with bitcoin. Crypto is an alternative to find solutions to problems in the current financial system but it also has its weaknesses that fiat can provide that's why instead of thinking of full adoption or totally replacing fiat, they can just work together. And just like how hard we campaign against climate change, we will still continue to use/overuse natural resources because that's an effect of continuously developing things for an easier lifestyle of humans.

Well said,
Anything that will happen in the future is because of us. We have this new technology and we have this climate change as well. It can be negative or positive but have given no choice because that is the result of our doing. We wanted an easy life and this is it. I may blame myself for this but it was late to realize, we've done already and that is why we have to accept what happens next. If the existence of Bitcoin a reason to eliminate fiat money (which is less possible) we have nothing to with that because that's their wants and might worse as the years coming by.

These are two major revolution that is taking over the globe especially fiat and cryptocurrency debate.
The oil burn through various means no doubt affects the climate pattern because it is depleting the ozone. These are two serious concern you have mentioned here.

I understand what you want to say here..  to support so that Bitcoin can be adopted en masse, of course, internet access must be easily reached because it is very impossible to transact Bitcoin without internet access.  for now, the internet is not evenly distributed and it will take decades to increase the number of users reached by the internet..  This is the reason why we don't need to rush to want Bitcoin to be mass adopted, it's better to let it run naturally.  with the development of technology, surely Bitcoin and Altcoins will be massively adopted..

Decentralized currency has an advantage to society(special mention, Bitcoin). But never to the capitalists and traditional centralized financial institutions.
Climate change is a different story, it involves a serious situation that is connected to our habitat. Yes, a habitat that we still need to use fiat, we can't fully replace fiat, not all people worldwide have the same status. Other's lack of internet which is Bitcoin and other cryptos really need. When it comes to finances, these are instruments to control the people. So, they aren't comparable. But if the mass would demand a decentralized financial system, then I guess it will then work.    

But I heard that the Prime Minister of Australia is now investing in cryptocurrency projects to save their economy from inflation and provide more jobs.
We will see it then!

I heard this before and also using gotenna. But all these stuff, I don't know how to use.

It was kinda nice and creative how you do relate Bitcoin adaption into the latest happening which is the climate change. The points stated are essentially good that educating people about Bitcoin is not enough to achieve massive adaption of Bitcoin for actions must be implemented to be able for adaption to get into the system. It is also right that to be able to achieve Bitcoin adaption, the main concern of having accessibility through usage of internet access must be fixed first for only a few of the total world's population have an access on it and a big part are still technically challenged due to slow connectivity that is a main problem or hindrance for access to be able to be successful. Bitcoin adaption must come from educating getting into application of learning of course with concern to accessibility to be able to make it possible for the adaption to be achieved.

The idea of comparing bitcoin to the global climate change is absolutely true. It both pertains to important changes in our community that is very beneficial to us.
However, the only different is that we can continuosly promote the Climate Change with just our physical efforts and or using our natural resources. While in promoting bitcoin adoption, we really need to access the internet  since we cannot perform its features without the technology. I understand that internet access in some places are really slow, just like here in my country, we have a very poor connection but its in the process now of improving since we are all doing our jobs and studies at home because of this pandemic. And I guess if the internet and signal is already stable around the world, bitcoin adoption can be more wider, accessible and be more popular to all humankind.

I have to agree in this whole context.
There are some areas where it needs to be fixed to fully acquire Bitcoin adoption globally and this has been mentioned above.
I can see this as an arising problem besides volatility when people specially here in the 3rd world country that's suffering for a very poor internet connection are actually starts using decentralized currency like Bitcoin.
I mean we have everything in the internet to acquire knowledge in cryptocurrency, but are still struggling to find mass adoption.

Not to really negative when it comes to full adoption scale but we are really heading there but not on to the extent that it would become mainstream.

As mentioned where there are things in life or in reality that cant really changed up no matter how hard to pursue it.This isnt a problem that can really be solved in an instant
specially on internet connection talks where there are really places on the world which havent been reached out by net.

with this alone then its already a great factor that do really affect towards full adoption.

aiming for mainstream adoption is really still out of the question. bank and fiat money will still be the major go-to of the world population. but slowly, more and more crypto users are getting on board as they figure out the benefits brought about by the usage of crypto. but still, even if they are crypto users, they are also fiat money users. because right now, the use of bitcoin or crypto as payment method is still limited. but as we progresses in this digital age, we will expect more institutions to accept crypto in their system.
 however, this will take years and years to progress.
and one way to achieve this goal is to boost the internet access to everyone.

just like what facebook is building in africa. this will be their legacy in that region.

https://www.cnbc.com/2020/05/14/facebook-building-undersea-cable-in-africa-to-boost-internet-access.html

I totally get you, and your analogy of BTC to climate change. Like many know that we need to take action but because there are not instant rewards associated with dealing with the issue no one really takes the initiative to do something about it. 

About the unavailability of internet playing a major drawback to the adoptability of crypto, that is true. However, there are current solutions poised and one I'd like to draw attention to is Starlink (https://www.starlink.com/), a global network giving internet access to areas not previously covered or hard to reach. The timing of this satellite is just around the corner, 2021.

I suppose there are 2 immediate challenges with this: 
 1. Is 2021 enough time to allow for this global network access possible given the pandemic?
 2. If the 1st challenge is overcome the next one to consider is how long until SpaceX is able to give everybody FREE access to internet?

It is the latter that will present most benefits to crypto, helping it expand to unprecedented numbers. In addition, overcoming the 2nd challenge will improve people's lives in general by giving them access to information.

I have not researched deeply on this topic that I am going to share. But it could be useful to consider how to use Bitcoin without the Internet.

https://blockstream.com/satellite/ (https://blockstream.com/satellite/)

I am also concerned about some nations around the world that have poor internet service and their citizens may not be able to reap the benefits of using Bitcoin.

Internet connection plays a big role in the adaptation of the cryptocurrency because without it we cannot have any access at all to the crypto world. Just like in our country sometimes it is hard for me to have any online transaction because of having an unstable internet connection, whenever I am going to send a fund to another crypto wallet, it takes time before you can send it. It is convenient to have access to your crypto wallet and have a good transaction whenever you have a strong internet connection.

Climate change affects the internet connection in our country, whenever there is a strong rain it really affects the speed of our internet connection and by that time, it's really hard for me to access my wallet, you can only see a loading screen. The slow internet connection not only affects the crypto wallet, it also affects some online transactions, studying online, and anything that can use the internet. It really sucks because you can do properly the things you need to do because of the hindrance of having slow internet.
 

I think Bitcoin adoption is more complicated than we thought, because it doesn't just require an internet connection. But promotion
and education is also needed related to Bitcoin, because the increase in internet users does not guarantee Bitcoin adoption. As we
know there are still many people who don't understand Bitcoin, how can Bitcoin adoption happen, if the majority of people don't
understand Bitcoin. So the government's role is needed to accelerate Bitcoin adoption, because if the government accepts Bitcoin
as a whole, there will be many merchants who accept Bitcoin for payment. And this leaves people with payment alternatives other
than fiat.

Bitcoin Adoption

During the pandemic, growth of bitcoin have increased a lot compared to the past years. As a result of people looking for an alternate earning more and more people jumped into bitcoin. More people got into trading, and in some exchanges the trading volume of cryptocurrencies have increased to more than 200%

Climate Change

Lot of changes have happened with the climate. In particular the ozone layer is healing itself as more number of industries have shut for a long. The release of toxins released to the atmosphere has decreased a lot.

Internet Access

The usage of internet has peaked to the top as more and more number of people have started work from home. Moreover the education for school students too happening through online classes. This is good from one view, but surely affects the health in the long run.

I liked the comparison between Bitcoin and the global climate problem, yes, it is true. It is not enough to know people about the problem of climate change and global warming in order to solve this problem. There must be solutions on the ground, also Bitcoin is the same. Knowledge about Bitcoin is not enough to make it acceptable around the world.
This is true, but if you look at the other side of the picture, you will find that ordinary people cannot make the changes required to make Bitcoin acceptable around the world.These changes need great capabilities and a huge infrastructure, and this is available to governments, and thus governments ’failure to accept Bitcoin will make it difficult for such necessary changes to happen. .
So, from my point of view, I see the need to persuade governments to adopt Bitcoin first, and then it will be easy to do a lot of things through which to obtain adoption of Bitcoin around the world.

As long as there are people who cannot properly access a internet connection and the device that they will use we won't be having huge steps towards bitcoin adoption but in my opinion, for us to fully adopt bitcoin worldwide we need multiple keys, its like a door that need like 3 keys for you to open it, same with bitcoin its need to have proper education about it, device and a internet connection, if we can't have all of those three we will truly have a rough road ahead of us and for it to happen it is a lot of preparation.

Suppose internet access is available in all countries, and people will not have any problem to access internet connection. In that case, bitcoin adoption can be easy because people will see many advertisements on many websites. That can make people curious, and they will search for more info about bitcoin. And if that happens, the process of bitcoin adoption will grow, and the number of people who will join in the bitcoin world will also increase. I just hope that the adoption will increase in the next year after the pandemic is ended soon.

We are now the era of technology, most business and companies make use of internet across the nation and very easier way of communicating and purchasing goods online and booking by using bitcoin assets. And the system has been adopted, as long internet exist.

I think the internet is evenly distributed in all countries but internet usage is not yet maximal and needs further education
In fact, this pandemic is very helpful in the shift from people who don't know about the internet to forcefully understand and use it
in my country there are many people who always talk about bicoin but unfortunately they lack knowledge about bitcoin itself so they are often cheated by other people and have a negative effect on bitcoin

Precisely why to increase the adoption of Bitcoin and other cryptocurrency there are various fintech companies who have started issuing cards which can be used by any person as a mode of payment.

First of all, let's admit that bitcoin will never outtake fiat. On third world countries that there is lack of electricity, I consider bitcoin a useless medium of exchange. Broadcasting transactions through SMS does sound good in some countries, but again a mobile device is needed. A piece of paper doesn't need anything than itself.

In the beginning of bitcoin, a bitcointalk member (https://bitcointalk.org/index.php?action=profile;u=2676) had created physical coins with private keys. This way, we can visualise bitcoin as a physical currency but again, it requires too much work comparing to a dollar. Even if someone buys 0.001BTC as a physical coin, he has to have internet access to use the change of a transaction.

So I guess bitcoin can't be always helpful. Now about the climate change, I don't know how much damage miners do, but fiat needs trees if I'm not mistaken. Lots of them.

On that problem of climate change; based on things I have learnt, every source of energy still have their ways of affecting the surrounding environment (maybe I’m wrong). Once saw this topic of climate of change being discussed on Twitter and someone recommended solar energy but another person that it can desert the environment/land and cause it to be infertile, or something like that.

Maybe there are safe energy source that I am not aware of, but all the energy sources that were mentioned had negative sides that people mentioned about them. Then as for Bitcoin, I believe that we have done enough, with time it’s going to grow, it’s not something we can force on people. Just watch and see.

I also see that not all areas are covered by the internet, there should be a significant change so that remote areas can be reached by the internet and those who dream of internet networks to their homes can be used to work in the crypto world. everything needs an internet network to get all the information, especially crypto currency, without an internet network crypto currency is useless.

I think the internet is evenly distributed in all countries but internet usage is not yet maximal and needs further education
In fact, this pandemic is very helpful in the shift from people who don't know about the internet to forcefully understand and use it
in my country there are many people who always talk about bicoin but unfortunately they lack knowledge about bitcoin itself so they are often cheated by other people and have a negative effect on bitcoin

For me, we can not replace fiat currency immediately even if we say we already have an alternative method like crypto. Many places are still don't have internet access especially for those far from the city. There are also people who accustomed to the old-fashioned way of using centralized services, but I noticed after pandemic and disaster happened, more people are now getting interested to know about bitcoin and other crypto currency because they now already seen the advantages of having it. If we still continue promoting and pushing bitcoin i think as time pass by the full adoption will be possible.

Actually even in long run there is no replacement that will happen,Fiat will remain for physical transactions while crypto for online
or depend on the demand of both parties,because admitit or not Fiat and Gold is part of our living and without this there might be imbalance that will happen
in economy.
only those isolated places mate but more than 70% as I estimate has access in internet.

Because as I have going from place to place even in the Mountain mobile is available though the signal is really poor but still they have access.