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Author Topic: How can we push the actual use of Bitcoin ?  (Read 8605 times)
skyline247
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October 04, 2017, 09:41:01 AM
 #321

It is so obvious why Bitcoin is not being used widely. It is next to impossible for a complete noob to buy in a day and transfer to another wallet and use.
Tukang Becak
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October 04, 2017, 10:13:57 AM
 #322

With various ways of introducing bitcoin, we all know that users in the world are still so small that we should introduce bitcoin to anyone in a direct way or through social media such as facebook or twitter.
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October 04, 2017, 10:44:48 AM
 #323

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

  • Convince organisations like amnesty international to accept bitcoin as donations
  • Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
  • Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.
There are companies who offer bitcoin gift cards. If people start using these on regular basis that itself will help bitcoin in gaining popularity. Share or exchange these tokens with others. This will definitively create momentum to gain the popularity. Apart from the people are more interested in the buying and storing the bitcoin. Initiative like these will help the actual use case of beautiful currency that is a bitcoin.
Once quick transactions like credit card become reality for bitcoin then there would no stopping for bitcoin.
Lpim01
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October 04, 2017, 04:16:08 PM
 #324

Actually, we can't push them by using it because is their choice to hold or spend their bitcoin.
Anyway, bitcoin now is very popular and well known in different areas, and it could be widely used by most. In this way, bitcoin will become highly recognized to everyone and it could help to ecourage business owners to accept bitcoin for payment in any services.
bohr
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October 06, 2017, 06:24:45 PM
 #325

We can not push anything to people to use bitcoin, this is because bitcoin is banned in different countries, if we push then I'm worried about breaking the law and we'll be imprisoned.
However it is very remarkable that in the countries on which bitcoin is forbidden, people understand very clearly the importance of bitcoin as a protection against the state, in a country like Venezuela dealing with bitcoin is forbidden but it is very obvious to their citizens the importance of bitcoin, they do not have access to dollars so the only thing they can do to protect themselves of inflation is to get bitcoin.
You are right. People can appreciate only that to lose. When we hear news about that in any country banned the use of bitcoin in no way pushes us to action. It's bad. Miners, developers, and users long ago need to develop a common strategy for the development of bitcoin. The actual use must be one of the main goals. Necessary condition for this.
This is why I think we are going to need a huge economic crisis so people wake up from their sleep, as long as people have internet, food, shelter and other stuff they are not going to see the need for adopting bitcoin but once they are suffering they are going to understand very clearly why something like bitcoin is needed it is a sad thing but most people only learn of experiences like that.
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October 06, 2017, 06:49:34 PM
 #326

If all people just keep their bitcoins in their wallets and do nothing with it, Bitcoin will have no value it will be just a number. To change this situation i believe that everyone should cerculate their BTC and trade that's how price will increase. Online shops should integrate Bitcoin payment as well. People having bitcoin have no big choice when they try to pay online since few websites accept Bitcoin.

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bohr
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October 09, 2017, 05:37:40 PM
 #327

It is so obvious why Bitcoin is not being used widely. It is next to impossible for a complete noob to buy in a day and transfer to another wallet and use.
That is not really important bitcoin is going to be widely accepted at some point in time, I do not care how long that takes it is inevitable and that is why I’m invested in bitcoin, as the world economies begin to struggle they are going to try the old formula of charging more taxes but that is not going to work anymore because people are going to get sick to pay more and receive less and bitcoin will be there to help them.
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October 09, 2017, 07:56:46 PM
 #328

Start accepting bitcoins yourself

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Mr.Anonymous
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October 09, 2017, 08:32:19 PM
 #329

With various ways of introducing bitcoin, we all know that users in the world are still so small that we should introduce bitcoin to anyone in a direct way or through social media such as facebook or twitter.
Although you can introduce Bitcoin to more people but what is the benefit they will receive after invested into Bitcoin? That is the thing they want to know before invest into it. Of course, if you can show them your benefit earned from Bitcoin, they will feel interesting.
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October 12, 2017, 12:29:58 PM
 #330

We can not push anything to people to use bitcoin, this is because bitcoin is banned in different countries, if we push then I'm worried about breaking the law and we'll be imprisoned.
However it is very remarkable that in the countries on which bitcoin is forbidden, people understand very clearly the importance of bitcoin as a protection against the state, in a country like Venezuela dealing with bitcoin is forbidden but it is very obvious to their citizens the importance of bitcoin, they do not have access to dollars so the only thing they can do to protect themselves of inflation is to get bitcoin.
You are right. People can appreciate only that to lose. When we hear news about that in any country banned the use of bitcoin in no way pushes us to action. It's bad. Miners, developers, and users long ago need to develop a common strategy for the development of bitcoin. The actual use must be one of the main goals. Necessary condition for this.
This is why I think we are going to need a huge economic crisis so people wake up from their sleep, as long as people have internet, food, shelter and other stuff they are not going to see the need for adopting bitcoin but once they are suffering they are going to understand very clearly why something like bitcoin is needed it is a sad thing but most people only learn of experiences like that.

We can only use bitcoin if all people have internet which are the common communication for the millennials. But what about older people and countries that don't accept bitcoin? If the government can recognize the positive benefit of using blockchain, I think the government itself will require its people to put it on actual use. Special today, money are being withdrawn thru ATM which are digital. Transactions will be more faster if bitcoin will be use. I think the most business will be affected here are the banks and other businesses which pays taxes to the government thats why they are not promoting it to common people. Hope in the future it will put in use in a positive way.

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November 26, 2017, 07:41:42 AM
 #331

You should also include support from our government because I think that is one of the many reasons why we are not having the support or user that we need for bitcoin. Imagine if we got the support of our own government and they talk about bitcoin in news, in their conference and etc, it's my opinion but if I hear these talks in different medias I think I will get interested in it and believe in it even if it is the first time I heard about bitcoin.

I don't think goverment can support this kind of bitcoin idea of using this on our mode of payment of the country today. The president is not that open minded about it and worst if he knows this kind of trading, or freedom of online income generating website without their control; government might ban bitcoin. One thing I only believe is a certain idea of sharing bitcoin to a friend and letting then learn day by day is helpful to push bitcoin an anonymous knowledge about it. Our country is not yet ready about this, maybe in the near future it will; important is people is educated about it rather than implementing it without proper knowledge.

If you feel like it is too early to push Bitcoin in your country officially, then your idea is right in your situation. But some countries are ready to accept Bitcoin on the highest level, on the government level I mean, and we can see it already happens in South Korea, Switzerland, Japan, and several other countries are going to do the same.
You can draw in your neighborhood business holders to the advantages of utilizing bitcoin and influence them to acknowledge bitcoin installments. This is the most ideal approach to advance bitcoins. Other than that bitcoin is as of now being utilized on a large number of online stages for which it was created and the quantity of individuals who are utilizing it is developing in measure each day.
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November 26, 2017, 08:04:52 AM
 #332

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

  • Convince organisations like amnesty international to accept bitcoin as donations
  • Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
  • Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.
we dont need to push the usage of bitcoin,remember even banks hold physical money for depositors and store there even if how long the depositors needed to cash out,thats same principle in bitcoin is adapted.those who hold bitcoins waited for their coin to have interest for them to profit.so dont bother about it.circulation will continue even without the whole volume of bitcoin
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November 26, 2017, 08:25:20 AM
 #333

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

  • Convince organisations like amnesty international to accept bitcoin as donations
  • Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
  • Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.
Forcing things is not a good idea to start with theres no need to convince others to participate just introducing it to them is good enough bitcoin will manage somehow to have a good value through the year go by and eventually bitcoin will be acknowledged by many interested investors and companies .
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November 26, 2017, 12:10:10 PM
 #334

The problem that I see to this idea is that people find it hard to accept change. We need to convince those people who are skeptical about the whole idea of bitcoin, and make them realize that it is for innovation. After we have convinced the people, it would be easy to push the actual use of bitcoin.
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December 15, 2017, 09:28:34 AM
 #335

U really dont need to push it as its not some long lost tradition or some old cultural which is waiting for a revival.
All that bitcoin ecosystem requires right now is ample amount of exposure and publicity.

Well for the publicity part, its quite famous already, but majorly for its rising prices and how one can earn short term profit through it, and not because of how secure it is and how wonderful of a currency it can prove to be. So here its getting famous only for its growing value and not for its asthetics, which actually can bring more trust on it. This needs to be done thorugh publicity and proper awareness.

And definetely as you added, big giants like amazon and stuff like that, if they start accepting btc, everyone would be encouraged to do so. But for this a certain level of stability is needed. Hope we soon see that coming.
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December 15, 2017, 03:16:16 PM
Last edit: December 15, 2017, 06:34:14 PM by Domenc
 #336

Bitcoin is getting into the mainstream of investment, rather to use as a currency. If you see the use of Bitcoin at Bitcoin futures or at other places, it will widely use for trading nothing much than that. So, coming with the question of the actual use of bitcoin is getting hidden in the running race to gain more from bitcoin. The basic purpose which Satoshi proposed was an easy way to transfer money is getting into easy way to increase your money. And it is not easy to push actual use of bitcoin until we see some stability and openness towards bitcoin as a method of payment.
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January 06, 2018, 10:59:02 PM
 #337

Sooner or later crypto will be recognized. It is an entirely different currency. The problem with bitcoin as well it is being unstable with the price.

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January 06, 2018, 11:07:35 PM
 #338

big companies, big names can help, like imagine facebook/google/amazone accept btc as a payment. It will bring tons of attention to the world. Work with big name, who can make this happen. It needs everybody to hand on.
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January 06, 2018, 11:34:39 PM
 #339

I'm own opinion we don't need to push the bitcoin as a actual use. Let them do it and don't include yourself about that. The matter there is you are earning money from bitcoin. We don't need to convince the others to believe in bitcoin. There are many people out there thinks that bitcoin is a scam so don't waste your time to them.
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January 06, 2018, 11:36:18 PM
 #340

At the present time, when Bitcoin is primarily used by people as a kind of asset, they hold it and wait until exchange rates rise to sell to make a profit. The purpose of using such crypto is quite wrong compared to the original purpose of cryptocurrency. I think the next 20 years if cryptocurrency becomes popular worldwide, people will use crypto to trade on the Internet, and then the crypto rate will stabilize, not increase abnormally.

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