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Author Topic: Bitcoin adoption: Don't just sit down, do something  (Read 1197 times)
BrewMaster
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January 10, 2019, 03:03:37 PM
 #21

i have been encouraging everyone that i talk to and knows about bitcoin or shows interest to use it as a currency more often. and so far in all these years i have never introduced bitcoin as anything but a currency which they can buy stuff with online and offline. i even discourage people who talk about price and profit if they are new from seeing it as such.
but unfortunately the volatility have always changed the mindset of some people and there is not much we can do about it.
i still don't get why people try to use ETH as payment though!

There is a FOMO brewing...
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January 10, 2019, 03:12:38 PM
 #22

We all want bitcoin to be globally adopted right, you want to be able to use your bitcoin as a currency to buy foodstuffs, goods or service in your local community then what are you doing to encourage that? No one here can tell me that he/she hasn't sold anything before, so you have no excuse of not accepting bitcoin in exchange for what you sold be it your books, gadget or anything salable expect you never knew of bitcoin then.
I walked into my barbers shop yesterday then notice something was different (i took a closer look at what was printed on the A4 paper pasted on the notice board and it reads "We now accept Bitcoin & ETH as payment options" it went on to explain that ETH will be accepted for the $2 and below fees and bitcoin accepted for fees above that. It gave me joy because I was the one who introduced him to bitcoin few years back. As an act of encouragement I have promise to promote his business both online and in popular blockchain related gathering I attend.
Few of my previously sold gadget monetary value were received in cryptocurrency and i have come to realize if we want the world to take us seriously we have to act ourselves so I'm encouraging the service providers and others we have on forum to start accepting bitcoin, charity begins at home.  
Sharing our knowledge to the other people about cryptocurrency is important. The mass adoption will not occur if we users will not help the people in our community to become aware to what it is cryptocurrencies. By influencing others, the community of the cryptocurrency will become more strong.

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January 10, 2019, 03:14:25 PM
 #23

Well i think that is a good idea.A lot of investors who have little shops, or little businesses , like the man with a barber shop can accept the payment in BTC and and let other people know about the existence of this coin and make Bitcoin useful in everyday situations.

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January 10, 2019, 03:28:38 PM
 #24

We all want bitcoin to be globally adopted right, you want to be able to use your bitcoin as a currency to buy foodstuffs, goods or service in your local community then what are you doing to encourage that? No one here can tell me that he/she hasn't sold anything before, so you have no excuse of not accepting bitcoin in exchange for what you sold be it your books, gadget or anything salable expect you never knew of bitcoin then.
I walked into my barbers shop yesterday then notice something was different (i took a closer look at what was printed on the A4 paper pasted on the notice board and it reads "We now accept Bitcoin & ETH as payment options" it went on to explain that ETH will be accepted for the $2 and below fees and bitcoin accepted for fees above that. It gave me joy because I was the one who introduced him to bitcoin few years back. As an act of encouragement I have promise to promote his business both online and in popular blockchain related gathering I attend.
Few of my previously sold gadget monetary value were received in cryptocurrency and i have come to realize if we want the world to take us seriously we have to act ourselves so I'm encouraging the service providers and others we have on forum to start accepting bitcoin, charity begins at home.  
As a user, I have a important task which is to influence the others to use and patronize cryptocurrencies. I have small business in my community and I know accept cryptocurrencies as a payment. My customers are now curious and some of them are now interested to use cryptocurrencies.

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January 10, 2019, 03:50:24 PM
 #25

Well i think that is a good idea.A lot of investors who have little shops, or little businesses , like the man with a barber shop can accept the payment in BTC and and let other people know about the existence of this coin and make Bitcoin useful in everyday situations.
by marketing bitcoin to the public it will greatly help the spread and adoption, in the near term I will make a service business,
and I am ready to accept payments with bitcoin, at least that will give little help to bitcoin
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January 10, 2019, 03:59:27 PM
 #26

jes run around like the witness jehovas, and tell everyone to earn the bitcoins of the miners,

whoever is doing that for free is an idiot.

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January 10, 2019, 04:02:48 PM
 #27

We all want bitcoin to be globally adopted right, you want to be able to use your bitcoin as a currency to buy foodstuffs, goods or service in your local community then what are you doing to encourage that? No one here can tell me that he/she hasn't sold anything before, so you have no excuse of not accepting bitcoin in exchange for what you sold be it your books, gadget or anything salable expect you never knew of bitcoin then.
I walked into my barbers shop yesterday then notice something was different (i took a closer look at what was printed on the A4 paper pasted on the notice board and it reads "We now accept Bitcoin & ETH as payment options" it went on to explain that ETH will be accepted for the $2 and below fees and bitcoin accepted for fees above that. It gave me joy because I was the one who introduced him to bitcoin few years back. As an act of encouragement I have promise to promote his business both online and in popular blockchain related gathering I attend.
Few of my previously sold gadget monetary value were received in cryptocurrency and i have come to realize if we want the world to take us seriously we have to act ourselves so I'm encouraging the service providers and others we have on forum to start accepting bitcoin, charity begins at home.  
Inspiring indeed. I myself is still trying to sell my stuff for BTC on a social media. But sadly, when they ask how much was the price and when I said the amount in bitcoin, they all went asking, "Huh, what is BTC?"  Sad
Reading this OP convinced me to never give up. Staying positive even in this bear seasons.  Cheesy

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January 10, 2019, 04:09:52 PM
 #28

Some of us think bitcoin is a way to get rich quick. To get financial freedom without utilizing the cryptocurrencies. It is a sad fact that bitcoin adoption is slowed down by that kind of perception. People are interested in their own profit instead of looking for a bigger picture.
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January 10, 2019, 05:07:28 PM
 #29

Bitcoin is already spread in all countries but still it is not consider as money and some people do not approved it. We need to do something in order to see a massive adoption of bitcoin and if we want to happen it we should all information about it and tell to them that it is a new form money that can be used in different kind of transaction. But, the most effective way to see massive adoption is to use all kind of social media.



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January 10, 2019, 10:05:20 PM
 #30

Well it's great to encourage people to start accepting crypto payment, but not all countries are welcoming this currency, in my country using crypto as payment is against the law, so before we can start the mass adoption we will need to have the governments on our side, and we need good infrastructure to make crypto into a successful currency
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January 10, 2019, 10:36:38 PM
 #31

It will take time to succeed. It stayed for a decade due to its technical excellence otherwise in this fast pace world product /invention become obsolete and replaced within a few years. Bitcoin will stay and go to mainstream but not too soon.
Most People are cynical of BTC and other just purchased as investment tool.
Media still  make fun of pizza story terming as million dollar pizza's and with this attitude will you be able to convince anybody to spend bitcoins?

I agree. I dont think bitcoin has to be mass adopted in the next 6 months.
It will take time, development has to evolve in line with greater demand
it all cannot happen overnight. Patience and time are key elements in this
game!

R


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Burogh
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January 11, 2019, 12:47:48 AM
 #32

I think its depend on government regulation. I will use my bitcoin and my others crypto for shopping but merchant afraid to accept it because government regulation. If government regulating cryptocurrency for payment, i am believe crypto community will happy and use it in merchant

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January 11, 2019, 03:50:15 AM
 #33

The OP had made a valid point towards encouraging we bitcoin community to further enlighten and educate our community people to adopt bitcoin and other cryptos, personally I had introduced two of colleagues to bitcoin last week and the funniest part is that both of them are willing to invest into it immediately without delay, there is the need to spread the good news about bitcoin for adoption.

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January 11, 2019, 05:49:20 AM
 #34

Good point, I'm sure we have small and big business men among us on here ,even company owners either small or big ,we have the power in our palm to make not only bitcoin be useful as means of payment

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January 11, 2019, 06:17:26 AM
Merited by LoyceV (5), S_Therapist (4), suchmoon (3)
 #35

We all want bitcoin to be globally adopted right, you want to be able to use your bitcoin as a currency to buy foodstuffs, goods or service in your local community then what are you doing to encourage that? No one here can tell me that he/she hasn't sold anything before, so you have no excuse of not accepting bitcoin in exchange for what you sold be it your books, gadget or anything salable expect you never knew of bitcoin then.

I walked into my barbers shop yesterday then notice something was different (i took a closer look at what was printed on the A4 paper pasted on the notice board and it reads "We now accept Bitcoin & ETH as payment options" it went on to explain that ETH will be accepted for the $2 and below fees and bitcoin accepted for fees above that. It gave me joy because I was the one who introduced him to bitcoin few years back. As an act of encouragement I have promise to promote his business both online and in popular blockchain related gathering I attend. 

there's an idea in telecommunications known as "metcalfe's law". it says the value of a network is derived from the number of its users. in other words, the more users the network has, the more valuable it becomes.

i tend to believe it's true. so while i think promoting bitcoin to merchants is a noble cause on behalf of bitcoin users, i don't think it's particularly important. i think the important thing is whether users continue adopting bitcoin as p2p cash/currency. as long as usership continues growing, merchants will eventually be forced to accept it due to the size of the market.

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January 12, 2019, 08:08:39 AM
 #36

Both ETH and BTC have huge fees from time to time and I can't in good faith recommend them to anyone.

That was when the network was overloaded, as of current I believe it takes about $0.1cent +/- to excute a transaction on the ethereum blockchain and as of bitcoin I haven't done transact for quite some time but i believe the fees will be in cents too.  We have various cryptocurrency so if bitcoin fees becomes high a merchant can have other options for the main time. I believe the goals is to get cryptocurrency adopted with bitcoin plotting the adoption.

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DevilSlayer
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January 12, 2019, 08:18:12 AM
 #37

We all want bitcoin to be globally adopted right, you want to be able to use your bitcoin as a currency to buy foodstuffs, goods or service in your local community then what are you doing to encourage that? No one here can tell me that he/she hasn't sold anything before, so you have no excuse of not accepting bitcoin in exchange for what you sold be it your books, gadget or anything salable expect you never knew of bitcoin then.
I walked into my barbers shop yesterday then notice something was different (i took a closer look at what was printed on the A4 paper pasted on the notice board and it reads "We now accept Bitcoin & ETH as payment options" it went on to explain that ETH will be accepted for the $2 and below fees and bitcoin accepted for fees above that. It gave me joy because I was the one who introduced him to bitcoin few years back. As an act of encouragement I have promise to promote his business both online and in popular blockchain related gathering I attend.
Few of my previously sold gadget monetary value were received in cryptocurrency and i have come to realize if we want the world to take us seriously we have to act ourselves so I'm encouraging the service providers and others we have on forum to start accepting bitcoin, charity begins at home.  
I have a high hope that the people in my community will use cryptocurrency in their daily lives but I know it will take more time if I will not take any actions. We should do something that can help the people in or community to have information about what it is and its function.
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January 12, 2019, 08:54:32 AM
 #38

Small efforts will become large once everybody helps to contribute helps the growth of crypto.
The possible domino effects could happen if ever everyone helps.
This is not short term plan but for long term plans.

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January 14, 2019, 02:48:12 AM
 #39

We all want bitcoin to be globally adopted right, you want to be able to use your bitcoin as a currency to buy foodstuffs, goods or service in your local community then what are you doing to encourage that? No one here can tell me that he/she hasn't sold anything before, so you have no excuse of not accepting bitcoin in exchange for what you sold be it your books, gadget or anything salable expect you never knew of bitcoin then.
I walked into my barbers shop yesterday then notice something was different (i took a closer look at what was printed on the A4 paper pasted on the notice board and it reads "We now accept Bitcoin & ETH as payment options" it went on to explain that ETH will be accepted for the $2 and below fees and bitcoin accepted for fees above that. It gave me joy because I was the one who introduced him to bitcoin few years back. As an act of encouragement I have promise to promote his business both online and in popular blockchain related gathering I attend.
Few of my previously sold gadget monetary value were received in cryptocurrency and i have come to realize if we want the world to take us seriously we have to act ourselves so I'm encouraging the service providers and others we have on forum to start accepting bitcoin, charity begins at home.  

Yeah, we won't see any massive adoption of cryptocurrency if we don't using it as a real currency in our real life.
The most challenging to using bitcoin as a currency is about the value of btc which is not stable.
But if we can make many peoples using bitcoin and crypto, i am very sure the value will become stable because many use them.

Atheneum Blockchain
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January 14, 2019, 02:51:21 AM
 #40

  What do you think the biggest roadblock is for most retailers in accepting BTC/ETH for payments?  In addition to working in blockchain, I am also a merchant and would love to accept crypto payments but the volatility is one issue for me.
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