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Author Topic: Best ways of bringing Bitcoin to non-crypto users  (Read 1192 times)
adzino
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November 12, 2019, 09:19:54 PM
 #21

What other ways do you know to receive / earn Bitcoin for everyday stuff outside of the crypto world that could bring Bitcoin and other crypto directly to users for them to spend?
I all can think of right now is those reward programs that give you points or cash backs for using certain bitcoin based debit cards. Other than that, I don't think there are any ways to earn/receive bitcoin by doing regular stuffs outside the crypto world.
I wouldn't recommend getting those "free" bitcoins. First of all, those are not free. You have to perform some certain task to earn them. Secondly, you just get dust amount of coins that can barely cover your transaction fee.
The best way to bring non-crypto users is to make them understand the basic and the advantages of using crypto currencies.

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November 13, 2019, 12:57:44 AM
 #22

Knowledge is the only and the best way to bring Bitcoin to non crypto users.  Knowledge presents the element of making people to know and understand what bitcoin is and its relevance to people and entire financial ecosystem. Knowledge prevents the spread of FUDs since people are aware of the true nature and purpose of Bitcoin. It is the essential tool for civilization.  Knowledge makes it easier for non crypto users to identify the similarities betwee Bitcoin and the traditional system of payment and the benefits Bitcoin has over the traditional system of payment...
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November 13, 2019, 01:15:27 AM
 #23

In an individual level, what you're doing is quite a good start. It's quite difficult to introduce bitcoin on this level since the level of trust and persuasion is low. However, I'm seeing a lot more effect on public adoption through large conpanies initiating their move, like for instance, if Bakkt would make it possible for Starbucks to adopt even few cryptocurrencies, then it would make much larger impact on a widescale basis.
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November 13, 2019, 01:21:29 AM
 #24

But don't you think that people get much more interested in something they actually own as opposed to something they could or couldn't buy?

Well, good point. In this sort of case, I couldn't think of anything on the top of my head besides Lolli. Probably earning BAT/BTC through casually browsing using the Brave Browser, but unfortunately you'd need to submit KYC/AML information(which I don't suggest you'd do) to collect the few dollars worth of BAT/BTC you earn each month hence why they have a bad reputation here on Bitcointalk.

Is there a particular reason why you don't suggest submitting KYC info to Brave / BAT / Uphold? I mean, apart from the hassle of doing so?

Basically, as much as possible I would like to not have my personal information out there unless completely necessary(PayPal, local banking, etc). The more centralized companies that have a hold of your personal information, the more likely that your personal information will be leaked online sometime in the future. Along with that, I'm not saying that Uphold is doing something shady, but we don't really know what they're doing with our information. We might not know, but they might be possibly selling it.

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November 13, 2019, 01:41:33 AM
 #25

In an individual level, what you're doing is quite a good start. It's quite difficult to introduce bitcoin on this level since the level of trust and persuasion is low. However, I'm seeing a lot more effect on public adoption through large conpanies initiating their move, like for instance, if Bakkt would make it possible for Starbucks to adopt even few cryptocurrencies, then it would make much larger impact on a widescale basis.

Then it will create a division that only people attending the conference or meeting will have the knowledge concerning cryptocurrency. We should trust ourselves as an individual, if we are to make a decision on how to influence others, it is quite better to influence personally as it provides deeper knowledge, not all in the conferences can ask questions, in person, they can. And if we succeed in each persuasion, they will also persuade others like a chain of reaction which is exponentially fast for great market adoption.
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November 13, 2019, 02:26:22 AM
 #26

Just do it how most people do it, the easy and straightforward way. Earn fiat through a job, a business, or a gig, then use a percentage of the earned fiat to buy bitcoin in a peer-to-peer exchange. Or better, you can try to ask your employer to pay you straight in bitcoin.

This is exactly what I didn't strive for. In order for people to spend their hard-earned fiat for crypto, they have to be very convinced that what they're buying is worth an investment. If they get some crypto for stuff they do anyway that's a much better way of introducing crypto / Bitcoin to average people.


Ok, on the top of your head, name one investment where you got 800% profit in one year? Also, Bitcoin is a high risk investment and should only

form a small part of your larger portfolio. There is no guaranteed profits in Bitcoin investments, but there are a huge potential for large profits.

Look at the price history of Bitcoin and you will several opportunities where people could buy low and sell for a massive profit. I buy/sell old cars

and I use the proceeds to buy more bitcoins.  Wink

Not sure whether this is going the right direction, but what I meant is that giving non-Bitcoin-educated people easy access to Bitcoin by "just giving" it to them is probably a better path to adopting Bitcoin than telling someone: "Hey, there's this great thing called Bitcoin which can make you money - go invest!"

That's why I was also giving examples like Lolli or Wirex - people can just shop without thinking about the price of Bitcoin (at first) or whether they're making a good investment, because they get it anyway.

Exactly the topic was going a bit off track. People will not be convinced by just saying bitcoin investment is something you must try because it gives you profit, they need to see something in order for them to believed like besides giving bitcoin to them, you can show them how you invest in bitcoin and how will you earn your profit in there, once they know how to do something they will surely be interested in it and will definitely ask you some more about bitcoin investment.



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November 13, 2019, 02:44:17 AM
 #27

I just ordered the Wirex card and hope to get it soon. The idea is to receive crypto (Bitcoin) by doing stuff that I would be doing anyway.

What other ways do you know to receive / earn Bitcoin for everyday stuff outside of the crypto world that could bring Bitcoin and other crypto directly to users for them to spend?

I believe that a good way to get started in Bitcoin is to just start as an investor in Bitcoin as a store of value. Then as that individual learns more about this asset, he/she can gradually branch out by using it to make a purchase or trade for another cryptocurrency.

yes I agree with you the best way to get to know bitcoin is to enter into a bitcoin investment. we can benefit from bitcoin investments. and then if it's already profitable we can start learning to use bitcoin for payment.
of course before investing we must study bitcoin in earnest and study the risks we must face when investing in bitcoin.

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November 13, 2019, 03:04:57 AM
 #28

What other ways do you know to receive / earn Bitcoin for everyday stuff outside of the crypto world that could bring Bitcoin and other crypto directly to users for them to spend?

I can hardly think of any everyday stuff through which one is going to spend or earn Bitcoin outside of the crypto world. Does gambling count, sports betting and casinos? I mean people who are not aware of crypto or Bitcoin but are often into betting and gambling online and they come across sites that are not only accepting Bitcoin and altcoins but are also giving them away freely through faucets and other promos for them to spend. They will probably get curious and would want to know more of it.

I am also currently using an app which is also offering Bitcoin and altcoins wallet and conversion. It is like a one-stop payment app where you can pay your water, electric, and card bills. You can also make use of this app to buy prepaid load and go online shopping. They are offering instant rebates which you can use immediately.

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November 13, 2019, 03:19:00 AM
 #29

Best way for us to invite those non-crypto users, is to know make a survey what makes them interested, conducting seminars will be a good one, for example, having a seminar on how to earn part time thru cryptocurrency,this way we will catch up their attention and they will be interested in attending seminars.

We do have a lot of opportunity and it depends on the person how we wanted this to grab, but as a crypto user concern, we wanted the mass adoption, so we should help in a little way.

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November 13, 2019, 03:26:37 AM
 #30

This may sound ridiculous, but this strategy works. I have some friends who are addicted to some online games, at the same time the way they can get their Game Credits is through the local exchange that we have (Coins.ph). I told them do you want to learn how to buy some game credits without spending something from your own funds? and I let them see my balance, Yeah! I got a lot of questions but at the end of the day, I let them watch some videos on youtube on what this all about. then there you go, that's my way to make them know how this industry works.

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November 13, 2019, 03:39:17 AM
 #31

Exactly the topic was going a bit off track. People will not be convinced by just saying bitcoin investment is something you must try because it gives you profit, they need to see something in order for them to believed like besides giving bitcoin to them, you can show them how you invest in bitcoin and how will you earn your profit in there, once they know how to do something they will surely be interested in it and will definitely ask you some more about bitcoin investment.
To see is to believe, that is the common thing comes to their mind.
Showing them on how it was done is a good thing but it is not enough, it is like you're spoonfeeding them, it is better to let them make research to know how it's done and how it works. Knowing the possible ROI will make them get into bitcoin and that would be a better way than just letting them enter without proper knowledge.

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November 13, 2019, 04:36:56 AM
 #32

If they get some crypto for stuff they do anyway that's a much better way of introducing crypto / Bitcoin to average people.

and who is going to pay you for things you already do? and what is he benefit in it for them to pay you?!
what you are saying sounds more like one of those micropayment jobs you usually see advertised on the internet which are a complete waste of time and could even infect your computer if you follow their instructions including visiting random sites! they advertise it like "things you already do" then you see you have to do mundane tasks for long hours to make a cent!

One of the examples is Wirex, where you get a cashback for all your purchases with the credit / debit card in Bitcoin. There are other credit cards with cashback systems, but also a lot of credit cards without.

Another example is Lolli, a cashback system for online purchases that pays in Bitcoin.

Microtasks could be a thing, but there you have to explicitly do something you probably wouldn't otherwise do.

But in general the fact that I can't come up with more examples is the precise reason why I'm posting this question ;-)

I am kinda sad that a decade after Bitcoin came into this world, people are still asking where they can get Bitcoin in exchange for the things they can do. The gigs economy that uses Bitcoin should have been big by now but unfortunately the whole thing failed to take off. Fiverr should have added cryptocurrency as one of the choices to pay and get paid but it has not. This big question is driving at the heart of the problem when it comes to the adoption in the grassroots for Bitcoin. We have to be honest in saying that there is a failure in here, and which I am hoping can soon be fixed.

Wirex may not be working globally and even if it does not all countries will have many merchants participating in the cash back program not unless Wirex is going to be establishing a real presence in each country. Microtasks sites that deal with Bitcoin failed to get critical number of clients and maybe they can be closing soon or shifting their focus from cryptocurrency back to the traditional way of payments. Microtasks should have been the best way for many people to acquire Bitcoin but I still have to see one that is really making a good volume of business.

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November 13, 2019, 05:08:02 AM
 #33

Exactly the topic was going a bit off track. People will not be convinced by just saying bitcoin investment is something you must try because it gives you profit, they need to see something in order for them to believed like besides giving bitcoin to them, you can show them how you invest in bitcoin and how will you earn your profit in there, once they know how to do something they will surely be interested in it and will definitely ask you some more about bitcoin investment.
To see is to believe, that is the common thing comes to their mind.
Showing them on how it was done is a good thing but it is not enough, it is like you're spoonfeeding them, it is better to let them make research to know how it's done and how it works. Knowing the possible ROI will make them get into bitcoin and that would be a better way than just letting them enter without proper knowledge.

as you said to see is to believe. so once your friends or colleagues have done their homework and understand a lil bit about crypto, you can tell them to create an account for their online wallet or any of that sort, and will send them few satoshis to see how it works, and let them convert it to your fiat currency. so there you go, you just showed them that bitcoin can have actual value in your local currency. that action alone can show them that bitcoin can somehow be considered as real money already

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Zeke_23
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November 13, 2019, 05:21:01 AM
 #34

Exactly the topic was going a bit off track. People will not be convinced by just saying bitcoin investment is something you must try because it gives you profit, they need to see something in order for them to believed like besides giving bitcoin to them, you can show them how you invest in bitcoin and how will you earn your profit in there, once they know how to do something they will surely be interested in it and will definitely ask you some more about bitcoin investment.
To see is to believe, that is the common thing comes to their mind.
Showing them on how it was done is a good thing but it is not enough, it is like you're spoonfeeding them, it is better to let them make research to know how it's done and how it works. Knowing the possible ROI will make them get into bitcoin and that would be a better way than just letting them enter without proper knowledge.

as you said to see is to believe. so once your friends or colleagues have done their homework and understand a lil bit about crypto, you can tell them to create an account for their online wallet or any of that sort, and will send them few satoshis to see how it works, and let them convert it to your fiat currency. so there you go, you just showed them that bitcoin can have actual value in your local currency. that action alone can show them that bitcoin can somehow be considered as real money already
I think it will only work if they understand how it can be used.
Well, it is for sure easy for them to understand since bitcoin is user-friendly and can be used by anyone.
By showing them how it was working, and by knowing that it can be used as an alternative option to pay through online, non-crypto users will continue using it.

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bright4mech
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November 13, 2019, 08:15:56 AM
 #35

Bitcoin is a digital currency which required you're time or resources to earn a bitcoin in the cryptocurrency industries, hence, for a non-crypto users, you have to bear in mind that bitcoin is an asset, which can not be free, but have to show working before earning bitcoin.
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November 13, 2019, 08:45:02 AM
 #36

In an individual level, what you're doing is quite a good start. It's quite difficult to introduce bitcoin on this level since the level of trust and persuasion is low. However, I'm seeing a lot more effect on public adoption through large conpanies initiating their move, like for instance, if Bakkt would make it possible for Starbucks to adopt even few cryptocurrencies, then it would make much larger impact on a widescale basis.

Of course! I was asking about products which are out there already, though, but it seems that there isn't that much outside of Lolli (who just announced partnership with Alibaba) and the crypto credit / debit cards like Wirex or Crypto.com.

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November 13, 2019, 08:49:58 AM
 #37

If they get some crypto for stuff they do anyway that's a much better way of introducing crypto / Bitcoin to average people.

and who is going to pay you for things you already do? and what is he benefit in it for them to pay you?!
what you are saying sounds more like one of those micropayment jobs you usually see advertised on the internet which are a complete waste of time and could even infect your computer if you follow their instructions including visiting random sites! they advertise it like "things you already do" then you see you have to do mundane tasks for long hours to make a cent!

One of the examples is Wirex, where you get a cashback for all your purchases with the credit / debit card in Bitcoin. There are other credit cards with cashback systems, but also a lot of credit cards without.

Another example is Lolli, a cashback system for online purchases that pays in Bitcoin.

Microtasks could be a thing, but there you have to explicitly do something you probably wouldn't otherwise do.

But in general the fact that I can't come up with more examples is the precise reason why I'm posting this question ;-)

I am kinda sad that a decade after Bitcoin came into this world, people are still asking where they can get Bitcoin in exchange for the things they can do. The gigs economy that uses Bitcoin should have been big by now but unfortunately the whole thing failed to take off. Fiverr should have added cryptocurrency as one of the choices to pay and get paid but it has not. This big question is driving at the heart of the problem when it comes to the adoption in the grassroots for Bitcoin. We have to be honest in saying that there is a failure in here, and which I am hoping can soon be fixed.

Wirex may not be working globally and even if it does not all countries will have many merchants participating in the cash back program not unless Wirex is going to be establishing a real presence in each country. Microtasks sites that deal with Bitcoin failed to get critical number of clients and maybe they can be closing soon or shifting their focus from cryptocurrency back to the traditional way of payments. Microtasks should have been the best way for many people to acquire Bitcoin but I still have to see one that is really making a good volume of business.


Exactly!

As with every other network, there's always two sides: supply and demand. On the supply side, you want to keep entry barriers as low as possible. Microtasks might have been a good start, but they also just reach a very specific group of people; that's why I'm interested in things that are actually understandable and usable for everyone (like a debit card) and provide extra Bitcoin (or other crypto) as a "side-effect".

In addition to the education aspect, mass adoption of services like Wirex and Lolli would lead to an increased demand for Bitcoin as they need to buy BTC on the market with actual fiat that they are processing.

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November 13, 2019, 11:28:35 AM
 #38

Knowledge is the only and the best way to bring Bitcoin to non crypto users.  Knowledge presents the element of making people to know and understand what bitcoin is and its relevance to people and entire financial ecosystem. Knowledge prevents the spread of FUDs since people are aware of the true nature and purpose of Bitcoin. It is the essential tool for civilization.  Knowledge makes it easier for non crypto users to identify the similarities betwee Bitcoin and the traditional system of payment and the benefits Bitcoin has over the traditional system of payment...
teach them so that they can understand what blockchain, bitcoin , altcoin and cryptocurrency is really all about, in that case you may bring them to this world , study trading with them together so that trading would be easy if there is someone eager like you to know more about crypto, telling them that they can be rich in this world could be the worst thing you will do to convinced them.
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November 13, 2019, 03:35:33 PM
 #39

Another feasible way to bring in a mass adoption that is guaranteed to pass within congress would be for Federally backed (Fiat) banks and other institutions of that caliber to go right ahead and start initiating into their own journeys with blockchain tech. There are so many Blockchain based projects cropping up offering new consensus algorithms, and betters ways to scale, etc,. If the Banks want to play catch up with the latest innovations in fincnial tech, they'll need to work into and integrate their networks with their own modify versions of Blockchians and issue their own modified crypto-currencies.

IBM is claiming that the integration of Bank & Blockchain technology will happen within a frame of 5 years.
Source: https://bitcoinist.com/ibm-central-bank-issued-cryptocurrency-five-years/

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November 13, 2019, 04:12:26 PM
 #40

If they get some crypto for stuff they do anyway that's a much better way of introducing crypto / Bitcoin to average people.

and who is going to pay you for things you already do? and what is he benefit in it for them to pay you?!
what you are saying sounds more like one of those micropayment jobs you usually see advertised on the internet which are a complete waste of time and could even infect your computer if you follow their instructions including visiting random sites! they advertise it like "things you already do" then you see you have to do mundane tasks for long hours to make a cent!

One of the examples is Wirex, where you get a cashback for all your purchases with the credit / debit card in Bitcoin. There are other credit cards with cashback systems, but also a lot of credit cards without.
  I know this travelcard that accepts Visa payments. They are offering a seamless spending of fiat and cryptocurrency with their application. What I like about this one is that they don't ask for conversion fee whenever you are trying to pay in different currency like usd to ringgit, usd to hkd etc.


Another example is Lolli, a cashback system for online purchases that pays in Bitcoin.
Beware with cashback system they might not be the best deal you could have, like their partner shop is overpricing than the other and what you are getting as a cashback is just an illusion. Also try not to use a lot of these application, since it is an extension, cookie trail might confuse itself to the point that it can't track the online purchases.

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