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Author Topic: WHAT HAVE WE DONE TO PROMOTE BITCOIN MASS ADOPTION?  (Read 12242 times)
BeGoods
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May 06, 2019, 04:10:55 AM
 #81

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.
One of the reasons many outsiders are not interested yet is because they see bad news about bitcoin and crypto, such as releated to MLM, ponzi, and scams. if you want to make them want to know about crypto, then convince them that cryptocurrency is a commodity and innovation that is worth to trying
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May 06, 2019, 04:20:07 AM
 #82

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.
Lol don't you trust your relatives and friends capabilities to encouraged people around them? If every friends and relatives of us will do the lego effect of spreading the words of cryptocurrency does that have a big adoption in future?or in years to come?thats very untrue mate because. In this small way we can help alot for crypto
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May 06, 2019, 04:55:00 AM
 #83

We be hardly getting new users if we only teach them or preach to them what is bitcoin etc. We need the word "show", yes, show the people how this technology can change speed of transactions, lessen the fees of transferring money to one another, make them feel more secure and so many ideas of how their daily lives can be easy the way it supposed to. Surely there are people who knows what is bitcoin but do not know how to utilize and sometimes don't trust the product, we must change these these perceptions and show it to them what it really is and can be.
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May 06, 2019, 07:31:31 AM
 #84

I am very grateful to you that you have spread bitcoin among you, I think it is not easy to believe someone in this regard, but I am sure that bitcoin in the future will continue to progress that cryptocurrency is a commodity and innovation that is worth trying. for you Wink
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May 06, 2019, 07:50:30 AM
 #85

At present all that need to be done is to accept bitcoin if we have got some form of business. In recent days most of the stores in my city has got more QR codes placed at the payment section. If we keep a simple tag with the QR code of bitcoin acceptance surely someone will request you to make payment or else someone will surely enquire in knowing much about it. If they get interested surely they'll make use of it, and this way can help with continued adoption.

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Alpinat
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May 06, 2019, 08:05:02 AM
 #86

People will not see the use of bitcoin without its big value. That's the reality here but we can actually make a move here. Promoting bitcoin in social media and simply accept bitcoin as a mode of payment if you have a store can give or contribute to the adoption of bitcoin in our world.
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May 06, 2019, 11:53:33 AM
 #87

That is such good effort and learning about Cryptocurrency will really help a lot of people learn about something that is revolutionary. I first learned Cryptocurrency from my classmates then my Professor suddenly wanted the whole class to learn from it. We attended seminars about Blockchains and how it operates and it went well. Attending seminars and learning about Blockchain will really help people learn about Bitcoin because its one of the best adoption by Blockchain ever created.
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May 06, 2019, 12:35:17 PM
 #88

People will not see the use of bitcoin without its big value.

But even before where bitcoin's value is only little , there are already people that bought bitcoin and they knew that bitcoin can be used for both asset and a currency use  . big value is infact the one that limits people to use thier bitcoin as a currency use because they think that their bitcoin is too valueable enough .

That's the reality here but we can actually make a move here. Promoting bitcoin in social media and simply accept bitcoin as a mode of payment if you have a store can give or contribute to the adoption of bitcoin in our world.

Promoting bitcoin on social medias ? Yes it can be done easily since not all social media sites are banning crypto related content but as long as you dont spam your promotions  .  but accepting bitcoin on your store would not be easy since not all people are aware about cryptos  .
KonstantinosM
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May 06, 2019, 01:00:12 PM
 #89

I gave a speech in front of my class at college back in the days when it was at $100, I've talked about bitcoin to everyone I could and I shared my excitement with everyone in my life.

Most people seem to only care about price despite me talking about why bitcoin is better and why it's useful.

The truth is that mass adoption is an uphill battle. The ones currently in control are funded by the banks and the banks can generate as much cash as they want through fractional reserve banking. Eventually this is going to show up via inflation.

We need to play the long game.

We need to demonstrate the destructiveness of the inflation tax and for that we need to find some metrics that work. What would our money be worth if it wasn't for inflation?

Price is not the only factor. It used to take a lot more labor and capital to produce food than it does now and yet it's more expensive. Therefore if the value of the dollar and other fiat was stable the prices would be falling.

We need to show the world how getting the bankers and the money printers off our back would benefit everyone. We no longer need to pay a 3% tax on our money every year. This really disincentivises saving and I believe that people have the right to save money so they can start a business or own property.

How can someone start a business when the competitor is funded by banks that steal money from everyone else via an illegal tax?


Also we need to showcase that bitcoin is more environmentally friendly then the alternative. Bitcoin can provide funding for renewable electricity and the ability to convert electricity to money where there is excess electricity. Unlike banks, bitcoin itself doesn't have to operate large buildings. Bitcoin doesn't have to print costly anti-counterfeiting measures and bitcoin cannot be counterfeited either.

Going forward we need to promote bitcoin and its advantages whether the price is going up or it's going down.

We need to show the people a world in which our money isn't devalued by the bankers and a world where the banks don't own us.



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smartbitcoininvestor
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May 06, 2019, 02:20:07 PM
 #90

The best thing we can do is spread the word with other people through various forms of media. A good place to start would be to get caught up on books and documentaries (see list) on the subject of Bitcoin, and become an evangelist. Through evangelism you can empower others with the knowledge and have them spread the gospel of Bitcoin as well.
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May 06, 2019, 03:43:28 PM
 #91

The best thing we can do is spread the word with other people through various forms of media. A good place to start would be to get caught up on books and documentaries (see list) on the subject of Bitcoin, and become an evangelist. Through evangelism you can empower others with the knowledge and have them spread the gospel of Bitcoin as well.
Spreading a word about bitcoin will help bitcoin to be known by the people as a new way to make money.
But the hard thing we need to realize is people are not easy to believe something new especially in the technology which supporting to make money.
They still prefer to do the traditional way to make money, and they will not use bitcoin until they can see many people can get better life from bitcoin.
But we don't have to give up to introduce bitcoin to them, and we could let people choose what they want and never force them to believe something that they don't like.

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May 06, 2019, 03:44:09 PM
 #92

My sentiment is bullish when it comes to BTC, cryptocurrency in general. I don't need to do anything to promote its adoption. We are already in the adoption period, people will realize it themselves. Grin
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May 06, 2019, 04:09:38 PM
 #93

What we need is for projects like https://www.blocpal.com to get the exposure that they deserve.

I feel like we need to help promote projects that encourage crypto adoption. That would be the first start.
teejayrichard2
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May 06, 2019, 07:18:20 PM
 #94

The truth is we alone can help promote bitcoin for mass adoption. Its really painful so many of us just invest in bitcoin and then relax, waiting for price to pump so we cash out but then we really need to ask ourselves one question, how will price pump if there is no mass adoption. what will make the price increase as we desire if people don't adopt bitcoin for day to day use. We really need to step up our game and talk to people about the benefit of using bitcoin, let them see the advantages bitcoin has to offer to us all. If each and everyone of us talk to one person on a daily basis, then imagine the number of people we would have convinced about bitcoin by the end of the year.
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May 06, 2019, 07:34:06 PM
 #95

The truth is we alone can help promote bitcoin for mass adoption. Its really painful so many of us just invest in bitcoin and then relax, waiting for price to pump so we cash out but then we really need to ask ourselves one question, how will price pump if there is no mass adoption. what will make the price increase as we desire if people don't adopt bitcoin for day to day use. We really need to step up our game and talk to people about the benefit of using bitcoin, let them see the advantages bitcoin has to offer to us all. If each and everyone of us talk to one person on a daily basis, then imagine the number of people we would have convinced about bitcoin by the end of the year.
Here is the problem, we are just thinking about the price of bitcoin and our profits and we want mass adoption so that the price will go up and we can sell our bitcoin after that to make a good profit. Thats just the wrong mentality and probably the reason why we are not moving to mass adoption at a fast pace. When you think about bitcoin as an investment, you will promote the same thing to your friends and you end up realizing everyone is here for profits and not for the real purpose of bitcoin.
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May 06, 2019, 08:13:06 PM
 #96

Now in my country although it has not been adopted fully by the mass, but what I and some friends of mine have put in place is to make sure we establish a small cryptoschool on a WhatsApp platform which we teach people about cryptocurrency and also answer their questions. And since we started that people have been investing into cryptocurrency especially BTC and I think we have done our part .

I’m me
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May 06, 2019, 08:33:50 PM
 #97

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
I thought you are doing a fabulous job in evangelizing bitcoin but I hope you do more to educate the people u bring in because the crypto market is very volatile. I wish a 10 th of cryptocurrency enthusiasts where like you.. What we see now in my part of the world is people launching p2p escrow groups on whatsapp everyday and this groups tend to be filled with the same set of people...

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May 06, 2019, 09:17:11 PM
 #98

The best thing we can do now days is to talk good things about bitcoin to our close fiends, i think thats the best way to make more people use it, the fist step is to make them interested on the coin, after that we have to show them how to use it, and then make transactions with them.

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May 06, 2019, 09:52:06 PM
 #99

This is a question we really should ask ourselves everynow and then. What have we done to promote bitcoin mass adoption. We all crave to see bitcoin price spike beyond the height it reach but then most of us are just relaxed doing nothing to see this happen. We forget to realize bitcoin needs massive adoption which will surely affect the price in the best positive way. We should all take out time to educate people about btcoin from time to time as there are so many people across the globe who have heard about bitcoin but have no idea what its really about. Lets do our part and soon we will see bitcoin skyrocket.

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May 06, 2019, 11:30:36 PM
 #100

This is a question we really should ask ourselves everynow and then. What have we done to promote bitcoin mass adoption. We all crave to see bitcoin price spike beyond the height it reach but then most of us are just relaxed doing nothing to see this happen. We forget to realize bitcoin needs massive adoption which will surely affect the price in the best positive way. We should all take out time to educate people about btcoin from time to time as there are so many people across the globe who have heard about bitcoin but have no idea what its really about. Lets do our part and soon we will see bitcoin skyrocket.
Yes. And i think i am doing my part already. I used to share in my facebook account all about cryptocurrency and even in my family and friends, i usually make them aware that cryptocurrency is coming which is better than fiat currency. And so they started to ask me different questions that would end up educating them about blockchain technology.
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