Bitcoin mentioned in Coronation Street

[Suckerpunchman]

First we see bitcoin mentioned in a song from eminem and now bitcoin is mentioned in a famous soap opera Coronation Street which has a whopping 8 million views per episode this might just provide bitcoin a major push. Pop culture shows have become very famous and bitcoin being mentioned in a show just comes to show the attention it has grasped. Although bitcoin is still a well known cryptocurrency a huge segment of the world's population are unaware of bitcoin. This just might help set the stage ablaze and help bitcoin become a worldwide accepted legit means of currency
What do you guys think ?
Source: https://www.forbes.com/sites/billybambrough/2018/09/11/bitcoin-and-crypto-get-major-british-soap-exposure/#d0b0f765d4f8

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[CryptoHaris]

You're right that Bitcoin is getting a lot of pop culture references lately!

Eminem is there for Murica and here we have Coronation street for the UK.

It is interesting how they have depicted the vulnerability of Bitcoin to sudden rise and fall through Ryan (a character in the soap) who having once micro-invested in 'whipcoin' get a massive setback after losing the password to access his coins- the value of which is now in millions.

Quoting from the article shared by the OP -

While much of the recent chatter around bitcoin and cryptocurrency prices has been all about exchange-traded funds (ETFs) — which could open bitcoin to a much wider investment market — many bitcoin evangelists, including bitcoin guru Andreas Antonopoulos, would rather see bitcoin adoption driving the price as people around the world choose to use cryptocurrencies over the likes of PayPal, Visa, and MasterCard.

Bitcoin being a major plot point in UK soap opera Coronation Street is a step in the right direction here.

A step in the right direction.

[o_e_l_e_o]

I would hold your bullish sentiments in check for a moment yet.

Correct me if I'm wrong, but the audience of Coronation Street is largely middle-aged and older women. I'm not being ageist or sexist here when I say that they are not exactly crypto's strongest supporters or key demographic. Sure, any mainstream exposure is good, but this alone will make negligible difference in the long run.

[peter0425]

Nah, I wouldn't say that its a major push. Might be a small nudge but when the hype of that song died down, people will then forgot about them together with lines mentioning bitcoin. So really make a significant dent on the price, bitcoin should be adopted by countries, similar to what Japan or Australia did. Soap opera's and song won't do anything, sorry to burst the bubble for you.

[hugeblack]

It's the first time I've heard about that show/TVshow.
A year ago, I remember that bitcoin was mentioned on the economic channel once a week. Now there is a daily show. More people are challenging it, so in the long term, turnout will be good.
In the short term, the government decision will have a significant impact.

[Jackolantern]

I think that btc is the best coin and there is nothing surprising that it is often mentioned somewhere else besides the crypto world.  I have already heard about the song about it and find it a nice idea to promote btc

[dothebeats]

it gets the awareness up but general adoption? I think not. It needs more than mentions on famous pop culture media to be perfectly honest; it needs more real-world applications, more use-cases and more places to spend. While it increases the exposure cryptocurrencies get, it still lacks something to push things forward. Most people are inclined to think that mainstream media mentions make a huge dent on things that are quite obscure, but in reality, it doesn't, it only gets people interested for a short while and completely forgets about bitcoin and crypto after some time since they have no motivation and incentive to use it and dig deeper.

[Binugon]

First we see bitcoin mentioned in a song from eminem and now bitcoin is mentioned in a famous soap opera Coronation Street which has a whopping 8 million views per episode this might just provide bitcoin a major push. Pop culture shows have become very famous and bitcoin being mentioned in a show just comes to show the attention it has grasped. Although bitcoin is still a well known cryptocurrency a huge segment of the world's population are unaware of bitcoin. This just might help set the stage ablaze and help bitcoin become a worldwide accepted legit means of currency
What do you guys think ?
Source: https://www.forbes.com/sites/billybambrough/2018/09/11/bitcoin-and-crypto-get-major-british-soap-exposure/#d0b0f765d4f8

What do they mention about positive or negative bitcoin?
If this positive will further boost the popularity of bitcoin and invite new investors so that the price of bitcoin will experience positive changes

[Monyong]

With increasingly widespread news about bitcoin being popularized by famous people, thats might will help bitcoin become a legitimate currency tool that is accepted throughout the world

[Faroxx]

accepted legit means of currency

I think that this is good, but personally I have little faith in the fact that bitcoin can become a legitimate means of payment.

[aleksnutis]

It seems to me that bitcoin will not grow on its own as it was before with 0.01 to 1000 dollars. I think that now it is possible only through manipulation, creation of news and information field.

[Suckerpunchman]

I would hold your bullish sentiments in check for a moment yet.

Correct me if I'm wrong, but the audience of Coronation Street is largely middle-aged and older women. I'm not being ageist or sexist here when I say that they are not exactly crypto's strongest supporters or key demographic. Sure, any mainstream exposure is good, but this alone will make negligible difference in the long run.

What if the middle-aged and older women are people with power and they seem to be intrigued by the mention of bitcoins which could get them to talk to others of the same age or category of people and this spreads awareness which could intern lead to maybe not a significant portion but a group of people now aware of what bitcoin is. In its simplest form I would call this a form of gossip.

[Suckerpunchman]

it gets the awareness up but general adoption? I think not. It needs more than mentions on famous pop culture media to be perfectly honest; it needs more real-world applications, more use-cases and more places to spend. While it increases the exposure cryptocurrencies get, it still lacks something to push things forward. Most people are inclined to think that mainstream media mentions make a huge dent on things that are quite obscure, but in reality, it doesn't, it only gets people interested for a short while and completely forgets about bitcoin and crypto after some time since they have no motivation and incentive to use it and dig deeper.

Valid argument but lets suppose a situation where the chatter of bitcoins increases and more references to bitcoins are brought up. A similar example is 'The Big Bang Theory' was one such popular show to bring about the mention of bitcoins.

[Pursuer]

these mentions on their own are not automatically positive so we shouldn't just get excited when we hear about these cases. for example when the movie Dope came out in 2015 people were excited about it since it was bitcoin centered. but what it showed was usage of bitcoin for selling drugs on the dark market! as it is usually the case with most of these "exposures" they always portray bitcoin in a bad way and that is more harmful than anything else.

[BIPBot]

these mentions on their own are not automatically positive so we shouldn't just get excited when we hear about these cases. for example when the movie Dope came out in 2015 people were excited about it since it was bitcoin centered. but what it showed was usage of bitcoin for selling drugs on the dark market! as it is usually the case with most of these "exposures" they always portray bitcoin in a bad way and that is more harmful than anything else.

Agreed but in the case of bitcoins and Coronation Street it has neither been portrayed in a positive or negative manner. Yet there could be a situation where blockchain finally gets the spotlight which could lead to a spike in the applications of blockchain (Much higher than the current situation) and in turn might just set the stage for bitcoins to have a worldwide adoption. Of course this is my opinion and a general notion of what might be rather than it being based on hard evidence and thorough research.