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Author Topic: WHAT HAVE WE DONE TO PROMOTE BITCOIN MASS ADOPTION?  (Read 12242 times)
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April 12, 2019, 10:17:41 PM
 #61

The first step i have in mind is to promote bitcoin in social networking websites. Most of the people are now using smartphones. Another thing, some merchants already accepting bitcoin as a payments. Therefore, it is a good step for massive adoption. People are now curious about that kind of method and will patronize btc because of the convenience given by it.
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April 16, 2019, 03:37:24 PM
Last edit: April 26, 2019, 10:32:09 AM by JNvak
 #62

I was sceptic about cryptocurrencies at first. The one thing that helped me in understanding it better (and eventually got really intrested in it) was a chance to easily exchange BTC to real-world currencies like Euros. Also, fees felt like a thing to be worried about, but when I checked some of the offers (mine all-time favourite must be: CoinDeal's Fees), it was no longer a problem.
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April 28, 2019, 11:47:19 PM
 #63

I preach bitcoin to my colleagues at work most often but they find it difficult to ascertain everything or understand the whole concept of crypto but I have realized that, the reason why they find it difficult to understand is that, they are not willing to learn on their own. Crypto is concept and you have to read broad and wide to understand it. Some makes it difficult for us to preach the crypto industry but nothing absolutely is going to stop us from preaching it to promote mass adoption.

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April 29, 2019, 04:30:05 PM
 #64

Your goal is very supportive of the development of bitcoin, right if many people use bitcoin, the higher the price of the coin. I have always been thinking and giving positive messages to my friends to invest in bitcoin. Hopefully bitcoin can become the world's first digital currency.
There is nothing hopeful, it is the world's first digital currency that has added a new word cryptocurrency to the dictionary. By now each person cannot help with mass adoption. There is continued spreading happening through the word of mouth from each and ever user. Through me more than fifteen people came to know about bitcoin, but very few have began to use it.

Of course knowing what it is is a lot different from actually using and applying that knowledge. I think by now majority of the people have either heard, watched or read about bitcoin one way or another. So word of mouth and curiosity did it's part in making people aware. But adoption is when people accept bitcoin and it's uses. That'll be way harder to pound in people's heads than just simply letting them know about it.


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April 29, 2019, 04:36:47 PM
 #65

I think the more projects are putting their focus on on mobile first development and makes the entire experience super simple this will have a greater push for mass adoption. I am really looking forward to seeing David Chaums project elixxir come to fruition because it looks to mass adoption first
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April 29, 2019, 04:48:12 PM
 #66

<snip...>

I mean, the technology speaks for itself- a revolutionary payment method which eliminates the need for a third-party user on transactions. It's like the reputation of bitcoin is bound to be famous but media played a significant factor on bitcoin's mass adoption and popularity. Unfortunately, it went both ways since bitcoin was portrayed as a medium for illegal acts (silk road and dark web) and as a revolutionary payment method.

Fortunately, the merits overwhelmingly outweighs all the negative effects of bitcoin, which quickly skyrocketed its price relatively faster than any investment. Since then, successful corporations and influencers have continuously bashed bitcoin as being a 'bubble' but it still remained dominant in the market despite all of which news circulated prejudicial to it.
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April 29, 2019, 05:39:28 PM
 #67

Globally, Both individuals and institutions have decided to carry out the message of the crypto currency to every part of the world as a way or measure to further promote its massive adoption in the world of both finance and other related works of life, although, there are challenges faced but loads of people are still in the massive adoption business
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April 29, 2019, 11:49:13 PM
 #68

I preach bitcoin to my colleagues at work most often but they find it difficult to ascertain everything or understand the whole concept of crypto but I have realized that, the reason why they find it difficult to understand is that, they are not willing to learn on their own. Crypto is concept and you have to read broad and wide to understand it. Some makes it difficult for us to preach the crypto industry but nothing absolutely is going to stop us from preaching it to promote mass adoption.
Right. Crypto has really a broad meaning so if you want to explain this to other people, you should see to it that you will not end up confusing them. I personally teach my family and friends what is cryptocurrency and how it works. They might find it hard understanding crypto in the first place but as i keep teaching them, now it will be more easier for them to understand crypto.
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April 30, 2019, 06:11:49 AM
 #69

I try to explain to people that a crypt is not a fraud, that the meaning of cryptocurrency is different, and this is very important.
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April 30, 2019, 06:19:09 AM
 #70

Teaching people how to make transactions in bitcoin and the concept of digital currency is no joke people. i have tried it several times with my cousins but to no avail. I have not given up though because if we really want to see bitcoin being used then the world surely needs to hear of it.




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April 30, 2019, 07:10:46 AM
 #71

Creating awareness among the people about Bitcoin and clarifying their misconception about its existence and transaction is the basic thing we can do promote Bitcoin mass adoption. Smiley
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April 30, 2019, 10:46:47 PM
 #72

I must say you have really done well doing your posible best to reach out to so many people across the globe in your best capacity. If every bitcoin believer goes out to tell people about bitcoin, letting them know the benefits of using bitcoin as a means of payment then in no distant time everyone will fully understand why they need bitcoin. There are countless persons who have heard about bitcoin but dont really know what it really is as they only got to know about it when so many people started making profit from their investment. I believe telling people about bitcoin will enable us educate people on bitcoin for better understanding about how it works and why they need it.
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April 30, 2019, 10:56:38 PM
 #73

we all need to really create awareness in the best way we can so people all over the world can really get to know more about bitcoin and its working principles. For me so far, i belong to a community here in Nigeria and we sometimes organize seminars once a while to educate people on the importance and benefits of using bitcoin for transactions. We should all play our parts in promoting bitcoin the best way we can and in no distant time we will cover everywhere.

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May 01, 2019, 01:18:43 AM
 #74

The thing I have done is introducing bitcoin to my friends and to people I know. Well not everyone is much interested. They will listen to what you say but not engaging themselves, while the others did.

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May 01, 2019, 10:27:02 AM
 #75

Your goal is very supportive of the development of bitcoin, right if many people use bitcoin, the higher the price of the coin. I have always been thinking and giving positive messages to my friends to invest in bitcoin. Hopefully bitcoin can become the world's first digital currency.
There is nothing hopeful, it is the world's first digital currency that has added a new word cryptocurrency to the dictionary. By now each person cannot help with mass adoption. There is continued spreading happening through the word of mouth from each and ever user. Through me more than fifteen people came to know about bitcoin, but very few have began to use it.

Of course knowing what it is is a lot different from actually using and applying that knowledge. I think by now majority of the people have either heard, watched or read about bitcoin one way or another. So word of mouth and curiosity did it's part in making people aware. But adoption is when people accept bitcoin and it's uses. That'll be way harder to pound in people's heads than just simply letting them know about it.
Thats our job to convince them to use bitcoin. yeah you're right maybe a lot of them have heard about bitcoin, but what they hear is very different from the facts, many people know bitcoin is an MLM and Ponzi business, that's the fact that i heard about in my environment, thats our job to create an image bitcoin is improving
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May 01, 2019, 02:14:09 PM
 #76

I commend the OP for going the extra mile to increase the number of bitcoin users. I have also tried spreading the advantages of cryptocurrency but only among my friends and family. Unfortunately, none of them was interested enough to absorb what I really wanted to say. However, when I started posting and sharing ads for some ICOs, some friends and even strangers started to ask me questions. It was not BITCOIN, but it's a start for them. Therefore, I think the social media platform is the best way to reach out to people and perhaps filter the ones who will potentially become crypto holders.
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May 01, 2019, 05:26:40 PM
 #77

I commend the OP for going the extra mile to increase the number of bitcoin users. I have also tried spreading the advantages of cryptocurrency but only among my friends and family. Unfortunately, none of them was interested enough to absorb what I really wanted to say. However, when I started posting and sharing ads for some ICOs, some friends and even strangers started to ask me questions. It was not BITCOIN, but it's a start for them. Therefore, I think the social media platform is the best way to reach out to people and perhaps filter the ones who will potentially become crypto holders.
It really not works easily and can't make gains trust from the others specially when they heard bad news about ICO or from bitcoin alone.  They'll never wanting to understand it cause lack of interest and feels aren't applicable to them.  But I know that there is a time for them to realize and giving them time to discover how bitcoin will help us today and in the future.



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May 01, 2019, 06:18:18 PM
 #78

To me, promoting it to friends, relatives has nothing to do with adoption. Adoption is possible by enabling those people to easily use and understand crypto. You offer them the products and it will be eventually adopted.

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May 01, 2019, 06:38:34 PM
 #79

Advertising to many new People is the first step to promote bitcoin mass adoption.
Making those new People / Investors understand the basics of Bitcoin / Blockchain functionality, how good it is to have it in the real world (payment methods).
Which benefits come from using such cryptocurrency, how to exchange and so on.
Not going into deep informations as it might be confusing at start.

Nothing to see here
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May 06, 2019, 12:45:20 AM
 #80

What we have done or are doing to promote the mass adoption of bitcoin is a pertinent question which needs honest answers. The aim of this right-up is to encourage we bitcoiners to join in the fight for mass adoption, even in our little corner.

Bitcoin like every the traditional currency needs to be widely accepted and used for its value to increase. The economist says that it is the forces of demand and supply (Market forces) that determines the price (Value) of a commodity. When mass adoption is achieved, demand for bitcin will be higher, leading to a price surge. Other than that, Bitcoin is freedom, fast secure and efficient. It is a decentralized currency which you spend whenever and wherever you wish without third party control or regulation, it is the next world currency and should be adopted by all.

For this adoption to be gained effectively, we bitcoiners need to preach bitcoin adoption, practice and live it for the adoption to be swift and as soon as possible. Imagine if 1 million bitcoiners can impart and introduce bitcoin and its potentials to 10 people each, do your maths (1,000,000 * 10= 10m) Now imagine if the 10m people now are able to get extra 10 people each? You see the multiplier effect?
Bitcoin adoption is a task to be achieved by we all. Lets teach our family, friends, colleagues and neighbors of the inherent benefits of bitcoin and how to use it.

Personally, I have used my position as the church treasurer in my church to introduce the use of bitcoin for payment of tithes and offerings. Members who use bitcoins are given my bitcoin wallet to make payments, while others can pay cash.
I run a little computer training institute and all my workers are paid in bitcoins. My students have a 2% fees deduction if they pay in bitcoins.

In my own way, through my efforts, over 40 persons and counting have adopted bitcoin and are actively using them. I hold seminars for them and others as well. Through your efforts too, more people can adopt bitcoin, lets become the droplets of water that makes a big ocean.
Brighten the corner where you are, preach bitcoin, live bitcoin, love bitcoin, use bitcoin untill the whole world adopts it

Nobody wants to buy because the price has been going down. It just started rising but most haven’t noticed. I’ve talked to family, friends , and coworkers. Many jumped on board, and a few that came early did well. But most people won’t spend money on it as it loses value.
I work on a college campus, and I talk to some of the computer science students about mining crypto. Many have looked unto mining, because they have the skills and it costs them nothing to mine in their dorm room.
I also like to drop seeds where ever I go. By seeds, I mean small slips of paper that have a few QR codes. I drop these everywhere I go. I think bars are the best areas, because they are filled with young computer literate people. Many find these slips, scan the codes, and follow the link to a variety of crypto sites. Getting young people onboard is the key.
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