Is Bitcoin "Mainstream" yet? The poll.

[fulmetal08larz]

In my personal opinion, bitcoin is not yet mainstream, though it appears so because it is all over social media and news right now. People doesn't understand it fully yet to be called mainstream like the internet and smartphones. Some people fear it because they don't understand it. Mass adoption and daily usage is needed for bitcoin to become mainstream.

[BrewMaster]

it is getting there, i voted NO but my answer is somewhere in between yes and no.
there are surely a lot of talk about bitcoin but considering things globally i say there are still a lot of people in different countries that have not yet heard of bitcoin. and recognition and coverage and in short "talk" is not enough to call it mainstream adopted.

it is adopted when they invest in bitcoin and start using it.
and i still consider main part of this adoption as when merchants start accepting it.

[asdlolciterquit]

no, totally no.

Yes, maybe people have heard about it on media or newspaper, but that doesn't mean be maistream.

A lot of people just know the name and nothing more...

[tomahawk9]

Things to consider:

Brand recognition - you can hardly find anyone who has never heard about Bitcoin. They sure as hell don't know how it works, but they heard about it.

Omnipresent mainstream media coverage - countless number of press hits and mentions, all the financial 'gurus' have talked about it. No one is surprised by this anymore.

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

Vote. Discuss.

- Bitcoin is by far the most popular cryptocurrency in the world, . More importantly, it is the cryptocurrency that has gained trust in the eye of the public, so no wonder it is #1 in every cryptocurrency chart.

- There's no doubt that bitcoin is the cryptocurrency that has received the biggest amount of coverage by mass media, and whether is good or bad, bitcoin is always on the headlines, even when people mention other cryptocurrencies, bitcoin always ends up in the corner of every article.

And I voted Yes, but it is really a controversial matter since one could say 'no' it isn't mainstream because it is only being of interest to a very specific public and it isn't ready to use by the general public. To me, one thing is 'mainstream' (everyone has heard of it), and another thing is 'mainstream adoption' or 'mainstream usage'. If we want to put some kind of status or rank, then Bitcoin has gone mainstream and it is now entering other sub-categories.

[QuestionAuthority]

Is bitcoin mainstream, meaning average people have heard about. Sure.

Is bitcoin mainstream, meaning average people would consider using it. Meh, I doubt it.

[eminemcookie]

Simple poll. Question as in topic.

No time limit. Vote changing allowed.

Self-moderated just in case, but I don't intend to use it.


Things to consider:

Brand recognition - you can hardly find anyone who has never heard about Bitcoin. They sure as hell don't know how it works, but they heard about it.

Omnipresent mainstream media coverage - countless number of press hits and mentions, all the financial 'gurus' have talked about it. No one is surprised by this anymore.

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

Vote. Discuss.

I voted yes but I think it greatly depends on your definition. I think next to no one know in the first world has not heard of bitcoin and for that reason I consider it to be mainstream. I do not however believe that it is anywhere near close to being fully mainstream in terms of adoption etc, I believe we have a long way to go in that regard and people just hearing about it and starting to try to understand it is the beginning. Think back to all great technological revolution, there was a period where they were well known but not well used and it took time for people to understand them and get on board.

[hitrawal91]

No, I don't think so that Bitcoin is in Mainstream even, for now, if you would have asked this question two years back then you should have expected yes from me because Bitcoin was main brand recognition in the whole cryptocurrency market. But today there are many cryptocurrencies are trending which are as valuable as bitcoin in today's world something like Ethereum. Here bitcoin is used only for payment processing whereas there is cryptocurrency which is used for multitasking. Even though bitcoin is popular and it's having the craze in all over the world, I am expecting some cryptocurrency like Ethereum to have the Mainstream in coming months.

[Rath_]

I agree that Bitcoin became wide-known but it is still not enough to say that it is mainstream. The only thing that many people know about Bitcoin is that its value has vastly increased in the past year. Unfortunately, many people here are only after money. People want to earn money easily without doing much. I don't understand why people invest in something they don't understand. My relatives bought Bitcoin but they don't believe that cryptocurrencies will replace fiat.

[Serious475]

For me Bitcoin is not in the stage of being "mainstream" because many are informed about bitcoin but not all of them will ever consider buying bitcoin. For me Bitcoin will become mainstream if every people has a Bitcoin wallet and they have good knowledge about Bitcoin.

[pooya87]

there is a big difference between knowing about something and adopting it.
and usually when they use the word mainstream it is followed by the word "adoption" and we are not even close to mainstream adoption although it has started last year.

so far because of the phenomenal performance of bitcoin in a year there has been a lot of talk about it everywhere even on TV. and that is increasing awareness, in other words people know something called "bitcoin" exists. but to know what it really is offering and to invest in/adopt it is another big step.

[Jltan]

Yes definitely most of who we knows should know about bitcoin. But we should also know that they are more people who are skeptical and wary of bitcoins as well as investors hesitant to enter due to the high price.

[jseverson]

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

I'd say it's on the fringe. Everyone is talking about it, but few are actually genuinely curious enough to get their feet wet. People love talking about the massive returns, and some even bought miniscule amounts just to be able to say they "invested", but they mostly know nothing about the technology and what they can actually use it for. The recent boom is a fad, in that it's popular because it's new and it's considered cool.

I still consider mainstream as significant adoption, but I don't believe we can reach that, and Bitcoin certaintly can't even handle it, until the scalability issue is addressed.

[elramsy]

Arguably! Not fully mainstream, with good reasons that bitcoin is and always will remain volatile, the fact is bitcoin increases and decreases has led to what is referred to as FUD (fear, uncertainty, doubt) and FOMO (fear of missing out).  But with the advent of other alternate coin such as CryptF coin with a new platform to ‘hard-wired’ digital coin to ‘blue-chips’ will make a great impact for it acceptance by different social class. So I think bitcoin should try to learn from other upcoming digital coin to work on their security management.

[kc999991]

If you are talking about it in the sense of general public, no it is not mainstream yet. There might be some news about bitcoin being broadcasted but it is not yet enough to convince the majority of people to invest in.

[desi92]

Yes. It is a mainstream type of technology. It is mainstream for those in the know. It mainstream for those who know how to wield it.

Yes, i agree with you. I think not only me that think about this but many other people.
As of now not more people in the world know about bitcoin, if more and more people, it will be more mainstream.

[Dapper]

Not even close to mainstream.   The word is, but not the use of it.   That's why the potential upside is still very enticing. 

[Kakmakr]

I live in a country where Bitcoin is on everyones lips. They think it is a exellent store of value, because most people has made a lot of money with Bitcoin and everyone is looking for the same returns. A high Bitcoin price, draw a lot of attention from the media.

People within my circle of friends, know that I have made some significant profits with Bitcoin and they want the same. <I tell them how I did it and this is how word of mouth will spread Bitcoin adoption, because the circle just grow bigger>  ^smile^

[Tongpinyhk]

More people are voting that bitcoin is mainstream? Why don't I feel so myself. It is not like more than 50% of the population knows about bitcoin and are using them in real life 

[Rajip]

That really depends on how you define mainstream. In crypto world of course bitcoin is mainstream, among investors in general it also becoming more and more mainstream as many new investors enter this market every day. However, if you consider non investors then bitcoin is probably just something people hear in the news from time to time, not mainstream for sure as there isn't really anything to do with it right now besides investing.

[Lemer]

I think yes, in my country, almost everyone knows bitcoin, and every day people talk about it, and I think it's mainstream.