Is Bitcoin "Mainstream" yet? The poll.

[bit-freedom]

IMO, I don’t think Bitcoin is mainstream at this moment. I doubt half of the world population own Bitcoin. But I think we are on the way to mainstream.

[Shrinath]

Its fair enough to state that Bitcoin is still far from becoming a mainstream investment, as attempts to create exchange-traded funds based on Bitcoin and other digital assets have so far been foiled by the US Securities and Exchange commission. At the same time, mainstream financial institutions are paying more attention to blockchain assets. As a result, a dose of Bitcoin makes investors portfolios less volatile. Bitcoin is primarily decentralized and its generation and circulation and doesn't depend on any government. So, structurally it is poles apart from  a mainstream currency. Hence, We as Bitcoin proponents preserve the secure opinion that the digital coins are a safe investment because they have a "zero correlation" to the stock market.

[CryptoBitCoins]

In this situation it is very difficult to determine the difference between the mainstream and simple popularity. Because of this, it is very difficult to understand whether bitcoin is a mejstirmom. I think that all the same bitcoin is very popular, among the developed people who understand cryptography. Therefore, I gave my vote for the fact that bitcoin is not mainstream.

[jritz2344973]

IMO, I don’t think Bitcoin is mainstream at this moment. I doubt half of the world population own Bitcoin. But I think we are on the way to mainstream.

The growth of Bitcoin and cryptocurrency is significant, exceeding many people's expectations of the industry. Many are looking at the government and regulators' reaction to digital currencies next year, and the emergence of relevant regulators and legal systems will allow bitcoin and other cryptocurrencies to be accepted and used by mainstream markets.

[endlings]

It's hard to tell because many social media speak Bitcoin and know a lot of them, but not many people really know or join in. So what's the mainstream? I think it should not, and most people think of bit The impression of the currency is negative, as money laundering, illegal trading, hacking and so on, these labels are placed on bitcoin, temporarily still can not be cleared.

[pangu]

Harvard Business Review published an article in 2017 analyzing the potential for blockchain technology to break into the mainstream. The study cited an overall lack of usability as the single largest barrier to widespread public adoption:
https://www.linkedin.com/pulse/before-we-can-blockchain-world-need-simplifyaccess-kevin-murcko

[QuestionAuthority]

Harvard Business Review published an article in 2017 analyzing the potential for blockchain technology to break into the mainstream. The study cited an overall lack of usability as the single largest barrier to widespread public adoption:
https://www.linkedin.com/pulse/before-we-can-blockchain-world-need-simplifyaccess-kevin-murcko

That’s mainly just an advertisement for CoinMetro but I do agree with much of what he said.

[CryptoBeefy]

I would say no to it being mainstream, for me, mainstream would mean its an accepted form of payment in a lot more retail based environments. Has it's name grown and now more heard of? Sure, social media was buzzing with the word 'Bitcoin' for a month or two. As is the way with social media, it's now all doom and gloom in the world of Bitcoin.

[eaLiTy]

Crypto currency is a main stream market right now and bitcoin helped to get the word out without a doubt with the kind of rally we had last year and in the past,there is a huge investment in the crypto market especially from wallet street and fund houses and so you can consider it as a main stream currency ,we will see main stream merchant adopting bitcoin in due time and i am sure the development team will come out with a solution for that too in the coming years.

[Notcalculator]

No. In my experience it's not even mainstream awareness yet. Most people i meet regularly have no idea what it is, but they may have heard of it. Other than my first hand experience, you could easily check its traffic. If it were mainstream we'd barely be able to transact. Additionally, I would say that the volatility of its price is an indication that it hasnt reached mainstream yet. If it were mainstream, the prices would be more stable as people would have already agreed upon its value.

[FrueGreads]

Years ago most would define 'mainstream' as widespread merchant adoption, but maybe it just wasn't meant to be...

I think this is the key point in order to answer your poll, and that's probably the reason why right now you have almost 50/50 results. It all depends on this point of view, and maybe you should consider deciding what perspective should we use before voting. I voted yes, because I'm considering that being mainstream doesn't need adoption as well. Like you said yourself, it's hard to talk to someone that hasn't at least heard about Bitcoin, even if they don't know what it is, and for that I think bitcoin is already mainstream in terms of awareness. It is not mainstream in terms of adoption though, and that is easily checked if you look at Bitcoin price.