My suggestion on Bitcoin adoption

[Findingnemo]

I love the fact that the whole world isn't aware of Bitcoin yet. I see Bitcoin as a digital Gold. It is supposed to be scarce to retain its credibility. If Gold was made accessible to everyone, The value would never be as high it has always been. In the case of Bitcoin, before the century goes off a quantum of the world population will be accessing the internet and I'm not sure a lot of people will still be interested in knowing what it is.

Price of gold depends on its availability, and it is very hard to mine and they are also have less quantity present inside earth compared to other metals so it has got its value. Bitcoin also like the same but it is mineable by calculating and confirming the blocks.If you want everyone to use cryptos then you need to tell them what is actually a bitcoin not just its value and how can we get our Bitcoin.

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[adzino]

I love the fact that the whole world isn't aware of Bitcoin yet. I see Bitcoin as a digital Gold. It is supposed to be scarce to retain its credibility. If Gold was made accessible to everyone, The value would never be as high it has always been. In the case of Bitcoin, before the century goes off a quantum of the world population will be accessing the internet and I'm not sure a lot of people will still be interested in knowing what it is.

I doubt the whole world isn't aware of bitcoin. At least like more than 90% of the countries in this world have at least heard of bitcoin. Things are going to be so easier if people stopped comparing bitcoin with "digital gold". No, bitcoin is not where near a digital gold. It is a currency that was made to get get full freedom on our money instead of relying on a third party centralized financial institution.
So what is your suggestion? You forgot to mention..

[TitanGEL]

I love the fact that the whole world isn't aware of Bitcoin yet. I see Bitcoin as a digital Gold. It is supposed to be scarce to retain its credibility. If Gold was made accessible to everyone, The value would never be as high it has always been. In the case of Bitcoin, before the century goes off a quantum of the world population will be accessing the internet and I'm not sure a lot of people will still be interested in knowing what it is.

I doubt the whole world isn't aware of bitcoin. At least like more than 90% of the countries in this world have at least heard of bitcoin. Things are going to be so easier if people stopped comparing bitcoin with "digital gold". No, bitcoin is not where near a digital gold. It is a currency that was made to get get full freedom on our money instead of relying on a third party centralized financial institution.
So what is your suggestion? You forgot to mention..

When people says bitcoin is a digital gold, what they mean is it is a safe haven asset where they think that if they put money on bitcoin, it will quickly grow. There is still some misconception about bitcoin because some people think it is just for investment and it is not a currency.
The bitcoin is now currently changing the current payment system that we have. Many people are still suffering because of the broken system but for sure it will be developed and improved in the near future through the use of blockchain technology.

[Assface16678]

Today there are a lot of people making an investment into the use of the bitcoin and some of the people right are already adopting this into the world of real business which is good there are a lot of investors support this to make more earning. Before only a few people appreciated the use of the bitcoin because they think it is just a scam and does not have brings good market proof to them but by the time goes by the number of supporters increased and the number of the market price of the coin is now increasing which is a good sign for making an investment and profit. 

I love the fact that the whole world isn't aware of Bitcoin yet. I see Bitcoin as a digital Gold. It is supposed to be scarce to retain its credibility. If Gold was made accessible to everyone, The value would never be as high it has always been. In the case of Bitcoin, before the century goes off a quantum of the world population will be accessing the internet and I'm not sure a lot of people will still be interested in knowing what it is.

I doubt the whole world isn't aware of bitcoin. At least like more than 90% of the countries in this world have at least heard of bitcoin. Things are going to be so easier if people stopped comparing bitcoin with "digital gold". No, bitcoin is not where near a digital gold. It is a currency that was made to get get full freedom on our money instead of relying on a third party centralized financial institution.
So what is your suggestion? You forgot to mention..

When people says bitcoin is a digital gold, what they mean is it is a safe haven asset where they think that if they put money on bitcoin, it will quickly grow. There is still some misconception about bitcoin because some people think it is just for investment and it is not a currency.
The bitcoin is now currently changing the current payment system that we have. Many people are still suffering because of the broken system but for sure it will be developed and improved in the near future through the use of blockchain technology.

Bitcoin today are we called as the safe haven because one of the problems is the economy because there are a lot of them are falling right now because of a pandemic outbreak but still they find out the use of the bitcoin which is a good thing to do right now to save our funds and investment.

[mariah.sadio]

Im not sure that you suggestion is but my suggestion that we need wider merchants adoption. For this, we need better regulation. Bitcoin is regulated only in several countries and this is the problem

[Latviand]

Don't be greedy, bitcoin wasn't created to make a selected few rich or make another rich instead, it was created to help the masses from the slavery the government with their centralized mode of operations have put us. It was created to clean up the currency market and used as a more of payment for the average human. We should advocate more fore the technology to go viral instead of withholding the information for our selfish gains.

As bitcoin regulates with the use of technology, it really requires to be in any platform that we use such as those social media. I know that most of us here are treating bitcoin as a huge source of profit because that's one of its benefits but as we are looking forward to that, let's also help this bitcoin to achieve mass adoption because it really needs support from its users.  

Bitcoin was created for us to become aware on the market and to become enlighten about how money works in the economy. This digital currency is the most known cryptocurrency and don't waste the opportunity to know its benefit in the market. Especially that we have more advanced technology which we can use this asset as a payment tool for many transactions.

[AdamBlade]

As bitcoin regulates with the use of technology, it really requires to be in any platform that we use such as those social media. I know that most of us here are treating bitcoin as a huge source of profit because that's one of its benefits but as we are looking forward to that, let's also help this bitcoin to achieve mass adoption because it really needs support from its users.  

Bitcoin was created for us to become aware on the market and to become enlighten about how money works in the economy. This digital currency is the most known cryptocurrency and don't waste the opportunity to know its benefit in the market. Especially that we have more advanced technology which we can use this asset as a payment tool for many transactions.

I understand correctly that you want bitcoin to be introduced into everyday life as a currency, but don't you think that it will take another year for such a huge step?

[CarnagexD]

I know that someone already suggested about bitcoin making into universities, for me, this idea is really helpful and must be implemented as soon as possible so people will really have to study how bitcoin works and why does bitcoin exists in the market. Once we make it become included in a curriculum, in this way we will somehow improve its mass adoption as the most used cryptocurrency in the market. Those youth or students have more time to explore and experience bitcoin in their lives. Hopefully, most of the governments allow this kind of learning because it can also affect the country's economy once people are knowledgeable how market work and moves. We really lack of information and support for bitcoin and I hope this will become a way for that to grow.

[alani123]

I know that someone already suggested about bitcoin making into universities, for me, this idea is really helpful and must be implemented as soon as possible so people will really have to study how bitcoin works and why does bitcoin exists in the market. Once we make it become included in a curriculum, in this way we will somehow improve its mass adoption as the most used cryptocurrency in the market. Those youth or students have more time to explore and experience bitcoin in their lives. Hopefully, most of the governments allow this kind of learning because it can also affect the country's economy once people are knowledgeable how market work and moves. We really lack of information and support for bitcoin and I hope this will become a way for that to grow.

I wish that in the following years, curriculum for economics would be more critical on monetary theory.
In so far, banks and FIAT money was considered the only alternative. And most professors, even Marxists, were not doubting the system of monetary policy that is in place.

This is so foundational to introducing bitcoin. Students should first learn that there is an alternative to the system before being introduced to bitcoin's technical details IMO.

[TopExchanger]

Well, it's evident that most of people have no idea about Bitcoin. So what's your suggestion for making it more popular? I couldn't understand it from your post.

[Lorence.xD]

I know that someone already suggested about bitcoin making into universities, for me, this idea is really helpful and must be implemented as soon as possible so people will really have to study how bitcoin works and why does bitcoin exists in the market. Once we make it become included in a curriculum, in this way we will somehow improve its mass adoption as the most used cryptocurrency in the market. Those youth or students have more time to explore and experience bitcoin in their lives. Hopefully, most of the governments allow this kind of learning because it can also affect the country's economy once people are knowledgeable how market work and moves. We really lack of information and support for bitcoin and I hope this will become a way for that to grow.

If a full adoption is intended then that means that we should do it real fast because quantum computing will surely affect bitcoin, the education about bitcoin is not that important, maybe a specialization or an elective subject, in my opinion we shouldn't force the adoption but we need to move quick because there is still looming threat that might jeopardize bitcoin in the future.

[lepbagong]

I know that someone already suggested about bitcoin making into universities, for me, this idea is really helpful and must be implemented as soon as possible so people will really have to study how bitcoin works and why does bitcoin exists in the market. Once we make it become included in a curriculum, in this way we will somehow improve its mass adoption as the most used cryptocurrency in the market. Those youth or students have more time to explore and experience bitcoin in their lives. Hopefully, most of the governments allow this kind of learning because it can also affect the country's economy once people are knowledgeable how market work and moves. We really lack of information and support for bitcoin and I hope this will become a way for that to grow.

finding support so that many people understand that bitcoin is a difficult job, let alone made it an obligation for students to become a separate curriculum. although I agree that bitcoin has become a part of modern day life and many who are already literate with the internet will clearly at least understand bitcoin.

but once again it all depends on the role of government, the main point to be applied in all lines clearly involves the legitimate institutions of the state. so the priority should be that the state can accept it as a legal and recognized medium of exchange.
because until now there are still many countries that have not been able to accept bitcoin as a legitimate tool and can be used as a medium of exchange.

if the country is involved, we can be sure that the ease to introduce bitcoin will be more realized.
agree with the opinion above that it is also necessary for students or upper secondary schools to add curriculum or extra curricular about bitcoin because bitcoin knowledge is very important to be able to support more reliable knowledge in the future.

[Money_catcher]

Many people compare bitcoin and gold, but it seems to me that they are similar only in terms of the usual investment of money in something profitable. In all other aspects, bitcoin is more versatile and convenient than gold. Now the popularity of Bitcoin is at a very high level and at the same time many more do not really understand or do not know about it.

[Lillominato89]

I know that someone already suggested about bitcoin making into universities, for me, this idea is really helpful and must be implemented as soon as possible so people will really have to study how bitcoin works and why does bitcoin exists in the market. Once we make it become included in a curriculum, in this way we will somehow improve its mass adoption as the most used cryptocurrency in the market. Those youth or students have more time to explore and experience bitcoin in their lives. Hopefully, most of the governments allow this kind of learning because it can also affect the country's economy once people are knowledgeable how market work and moves. We really lack of information and support for bitcoin and I hope this will become a way for that to grow.

I wish that in the following years, curriculum for economics would be more critical on monetary theory.
In so far, banks and FIAT money was considered the only alternative. And most professors, even Marxists, were not doubting the system of monetary policy that is in place.

This is so foundational to introducing bitcoin. Students should first learn that there is an alternative to the system before being introduced to bitcoin's technical details IMO.

You're right, but the fact is that in the world there are still many people who are not sure of the new technology and above all still do not believe in electronic payments, so they still do the old way, I still remember what my grandfather told me that "money under the bricks is safe" to clarify that he didn't even believe in keeping money in the bank! perhaps with the generational change we could have an increasingly high mass adoption for bitcoin

[sayulita]

I love the fact that the whole world isn't aware of Bitcoin yet. I see Bitcoin as a digital Gold. It is supposed to be scarce to retain its credibility. If Gold was made accessible to everyone, The value would never be as high it has always been. In the case of Bitcoin, before the century goes off a quantum of the world population will be accessing the internet and I'm not sure a lot of people will still be interested in knowing what it is.

Price of gold depends on its availability, and it is very hard to mine and they are also have less quantity present inside earth compared to other metals so it has got its value. Bitcoin also like the same but it is mineable by calculating and confirming the blocks.If you want everyone to use cryptos then you need to tell them what is actually a bitcoin not just its value and how can we get our Bitcoin.

But the problem in gold vs bitcoin equation is that bitcoin is having a finite supply as compared to gold about which previously it was said that it is having finite supply but now on many asteroids the scientists have found gold which means that gold isn't having a limited supply. So this definitely shows that bitcoin is superior than gold and should also be considered more premium investment but as bitcoin is still pretty new and in the early adapters phase so there is a lot of volatility in it but with time this will also change and bitcoin will become a trusted investment in which everyone would like to invest.

[coolcoinz]

Don't be greedy, bitcoin wasn't created to make a selected few rich or make another rich instead, it was created to help the masses from the slavery the government with their centralized mode of operations have put us. It was created to clean up the currency market and used as a more of payment for the average human. We should advocate more fore the technology to go viral instead of withholding the information for our selfish gains.

In fact, witholding it will have the opposite effect. It has to be used by the people to gain value. Think of any other technology like computers, phones, cars. What value would they have if they were used only by a few people in remote, isolated parts of the world? You wouldn't want a phone or a car if you never saw anyone use it and understood the benefit of owning it.
OP doesn't understand that scarcity and availability are two different things. You can have a scarce material available in every city. A good example of this are expensive cars like Ferraris. They are expensive and scarce because they are always produced in limited numbers, but every big city has a dealership and you can also order a car online.

[Eugenar]

That's true, bitcoin is not well known by many countries, there are more people who don't even know what it is because their government doesn't allow their citizen to use it, maybe it is banned from the country so no one knows it, but even though it is a ban from another country there are still some people from the are using it for some transactions and investing purposes, which is profitable when you invest in crypto compared to fiat currency. There are many people who are interested in it but they don't know how to start, I suggest that they should join this forum so they will gain knowledge about cryptocurrency.

[reliable]

Many people compare bitcoin and gold, but it seems to me that they are similar only in terms of the usual investment of money in something profitable. In all other aspects, bitcoin is more versatile and convenient than gold. Now the popularity of Bitcoin is at a very high level and at the same time many more do not really understand or do not know about it.

Bitcoin is known now to much larger population after the high it made of 20k in last couple of years back which were in the news all over the world. Now we require all the countries who have not made it legal or still not yet made decided what to be done , should try and make it legal and encourage the merchants to start using this as a digital payment and will lead to more adoption by the customers.

[nguyenvl159]

Of course, the price of bitcoin depends on the popularity of this idea. So far, not all people want to use this and it is good for bitcoin.

[Mulann2]

That is why btc is only 21 million in supply because even if half of the world population  come to know about btc and each person have one btc then it will only be available for only 21 million people out of the world population which can still make it scarce and retain it's valua, so even if everyone in the world knows about btc it won't affect its price in my opinion.