Should we Re-Brand Bitcoin?

[tegarp90]

Do you think Bitcoin needs some Rebranding?

Rebranding is the creation of a new look and feel for an established product or company. The usual goal of rebranding is to influence a customer's perception about a product or service or the company overall by revitalizing the brand and making it seem more modern and relevant to the customer's needs.

First off, the name is a bit confusing? - Most people see the name and associate it with some physical coin. The media is also not helping with this

perception, because with every article about Bitcoin, pictures are shown of physical Casascius bitcoins.

The other aspect of Bitcoin that can be rebranded is it's bad reputation that has been built up and shilled up ..over years.

Every company gets to a point where they need to re-think their original goals and future plans... Why not Bitcoin? We have come a long way

since 2009 and making small changes will help us to take this into a new future, without the baggage of the past.

What would the pro's and cons of this be, and also the impact?

Let's discuss 

Bitcoin's name is already famous and i think it's cool enoough for something valuable.
It will be so weird if something changes from bitcoin.

[BeManga]

Do you think Bitcoin needs some Rebranding?

Rebranding is the creation of a new look and feel for an established product or company. The usual goal of rebranding is to influence a customer's perception about a product or service or the company overall by revitalizing the brand and making it seem more modern and relevant to the customer's needs.

First off, the name is a bit confusing? - Most people see the name and associate it with some physical coin. The media is also not helping with this

perception, because with every article about Bitcoin, pictures are shown of physical Casascius bitcoins.

The other aspect of Bitcoin that can be rebranded is it's bad reputation that has been built up and shilled up ..over years.

Every company gets to a point where they need to re-think their original goals and future plans... Why not Bitcoin? We have come a long way

since 2009 and making small changes will help us to take this into a new future, without the baggage of the past.

What would the pro's and cons of this be, and also the impact?

Let's discuss 

bitcoin dont need rebranding the bad reputaiton and misuse in bitcoin is one good on it because its the proof its survive from past

[ICOTechSupport]

If you eventually rebrand bitcoin it will create doubts in the minds of the persons we want to adopt bitcoin,after a good consensus,rebranding should be when we have the percentage of mass adopters that we think we need,but no need for rebranding, bitcoin has a good name ..

[coinnumber]

Do you think Bitcoin needs some Rebranding?

Rebranding is the creation of a new look and feel for an established product or company. The usual goal of rebranding is to influence a customer's perception about a product or service or the company overall by revitalizing the brand and making it seem more modern and relevant to the customer's needs.

First off, the name is a bit confusing? - Most people see the name and associate it with some physical coin. The media is also not helping with this

perception, because with every article about Bitcoin, pictures are shown of physical Casascius bitcoins.

The other aspect of Bitcoin that can be rebranded is it's bad reputation that has been built up and shilled up ..over years.

Every company gets to a point where they need to re-think their original goals and future plans... Why not Bitcoin? We have come a long way

since 2009 and making small changes will help us to take this into a new future, without the baggage of the past.

What would the pro's and cons of this be, and also the impact?

Let's discuss 

I think bitcoin does not need rebranding as it already real rebranding it may affect its value negatively as some people may not trust it again. Bitcoin has the best security on blockchain with good reputation as the leading coin which has attract many investors to believe fully on bitcoin. Rebranding might affects all this features

[earlytrade24]

People, especially those new to crypto might be more confused about it if we re-brand it. On another note, as users/traders, do we actually have the power to re-brand it in the first place?

[cybernetik7]

Rebranding a product/service which is well known brand after 10 years? For what? Rebranding bitcoin is waste of time and sourches that can be used for strengthen position of bitcoin in financial markets.

[gamechangers]

I don't think bitcoin need re-branding, but as for bad reputation generated by press circulating all over the internet and news papers, all of this needs to be corrected so that people can start to build back their confidence and start investing.

[Bugg]

That's a gret idea, actually.
The concept of Bitcoin as well as its image and the term itself are getting a bit stale. The perception is biased, people are predisposed to thinking in a particular direction because of what they have heard or read about BTC.
Sure as heck the foundation is how people view it, and that is what needs to be just a bit altered, but as fast as possible.

[Renampun]

I don't think it's necessary, because the name Bitcoin already has its own magic, and I think if we re-branding Bitcoin it will reduce investor interest. so what we need to do is not panic, HOLD your Bitcoin and wait for the price of Bitcoin Bullish again..

[chidi6957]

I really do, bit don't know how technically possible it is. But we need to make some updates on it to ensure it can meet up speed and support some micro transaction.
I imagine what will happen if bitcoin keep surging higher and high. How we can keep up with the slow confirmation.

[loveinberlin]

 In my opinion, re-branding of btc is needed because time is passing and everything requires changes. To my mind, it is better to rebrand btc with time. We will be able to re-brand btc with time

[Glocalside]

That is unnecessary because the renaming of BITCOIN is just a formality, and sometimes it is done by many people.

[Menawi12]

I think bitcoin doesnt need rebrand. Bitcoin brand already powerfull in market and thats why people attracting to invest in bitcoin. Its true that bitcoin have a hard condition in several months but i think the brand of bitcoin still powerfull

[deppil]

Do we think re-branding is the solution? Bitcoin requires massive advocate and awareness creation by the renowned Bitcoin users with much influence in our societies. This is what will push its patronage to hit the mainstream adoption.

I think we don't change anything fundamental from bitcoin. we just change its image, because the image of bitcoin might be pretty bad. that's what we will do mate! we need to rebrand to bitcoin for the better so that many people realize and aware that bitcoin technology is very important and useful for us

[drachman]

Getting a brand to be recognized is very difficult, even if there are some negative connotations when people hear about the name bitcoin it will be a terrible mistake to change the name of bitcoin to anything else because if you did then it could be possible that many coins will try to claim that name and it is only going to create confusion among new investors.

[saumang2m]

I think Bitcoin does not need to be rebranding. If Bitcoin is being rebranded then its bad effect will be directly on Bitcoin. Because many people in the world know crypto currency as Bitcoin. And due to all this, market value that bitcoin will also decrease.

[gheawari431]

I don't think bitcoin need re-branding, but as for bad reputation generated by press circulating all over the internet and news papers, all of this needs to be corrected so that people can start to build back their confidence and start investing.

I think there needs to be an intensive promotion of bitcoin, because the bad news about bitcoin is very massive in various news, so the price drops. No one can lift the bitcoin image except the bitcoin users themselves. Because external factors greatly affect the reputation of bitcoin, rebranding is not necessary but I think the promotion of bitcoin is very necessary.

[Bincanet]

It is really unnecessary. I don't think that we should re-brand bitcoin. Its name already go with us for a long time, it is quite good. No need to change.

[thesmallgod]

The question is who will rebrand it. Satoshi Nakamoto?. well for me I do not think BTC need any rebranding again because it has been rebranded so many time and the result is those fork we have today. everyone is building on improving bitcoin performance and the result is thousands of crypto we have today. the fact is that this has done much damage than it help grow bitcoin.

[mirawantirinjana]

I don't think it needs to be done because it will not change anything, it might even make things worse, there is no guarantee that Re-Brand in Bitcoin will change the situation now towards a better