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Author Topic: This is how mass adoption looks like.  (Read 583 times)
CarnagexD
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February 04, 2021, 10:58:00 PM
 #41

Indeed, this but on a global or at least a larger scale, where we could see this in malls, hospitals, even schools and all. Plus there should be a place for bitcoin or cryptocurrency in the curriculum so students get to be acquainted with bitcoin as early as highschool, in that way they can partake in bitcoin investmetn as early as possible.

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February 04, 2021, 11:54:04 PM
 #42

There are many ways of mass adoption of Bitcoin, but the most effective mass adoption so that the general public can immediately get to know
Bitcoin by increasing the number of offline stores that accept Bitcoin payments. That way many people will be curious about Bitcoin and for sure
new investors will continue to emerge. Indeed, there are many obstacles faced by applying Bitcoin as payment, but if we don't try to run it first
we will never know what the result will be.

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February 05, 2021, 12:12:15 AM
 #43

This is exactly how adoption looks like. If that guy had a store near my place I'd drop in for groceries and a little chat.
A bitcoiner will always find something to talk about with another bitcoiner.

Hoping they will disregard XRP  Cheesy (kidding).

Why are you kidding? It's a serious matter. Centralized shitcoins should die. Tongue
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February 05, 2021, 01:04:19 AM
 #44

We didn't see that bitcoin will come this far, I'm so proud that I knew bitcoin since 2017.

These small businesses who adopted bitcoin will surely grow in the near future, imagine if bitcoin started from scratch then probably small investors who also have nothing will surely grow. Mass adoption is really something else and it can really help each and everyone who trust on its potential to be the best asset.


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February 05, 2021, 03:18:30 AM
 #45

I will be punctual with the OP, there is no anonymity in that case but there is trust, so if you are not trusted on the buyer you must wait 10 or more minutes to withdraw your order, for trusted buyer He does not need to wait for any confirmation from the Bitcoin network, he has the trust of the business owner.

The true adoption we need is from ordinary people, but it lacks confidence not only between individuals also with bitcoin, in understanding that it works that it is a feasible monetary reality.

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February 05, 2021, 09:14:43 PM
 #46

With the government involve I'm sure it's not going to be done easily when 3rd party payment method and CBDC also converting coins to digital fiat. What is being presented to us today is going to take part in what is coming in the future. There may be another 3rd party when it comes to buying items on grocery stores and another 3rd party when paying from wallet to bills.
When the government changes it will have a big impact. When FIAT becomes digital and is used as payment for all kinds of transactions for goods and services, it will certainly become competition for crypto. FIAT goes digital even if it looks faster and more efficient without fluctuating because FIAT has a fixed intention.
But actually even though FIAT has a digital form, crypto is only used as a more revolutionary alternative with the development of more sophisticated technology compared to FIAT. There will be many types of payment methods to choose from and can make all transactions easier.

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February 05, 2021, 09:35:35 PM
 #47

this is the kind of things we really want to see. if this dosent happen , then we are far from what we call adoption. untill bitcoin gets to the grassroot of every nation, adoption is still not achieved. when you can spend what you hold, its value will increase.


I can agree that we are still very far away from what we might call mass adoption. Let's be honest and admit that still very small number of people in the world in general population is using Bitcoin in any way. Or any other crypto. Maybe that doesn't seem so form the perspective of forum person but that is the real situation
Alz, for mass adoption we would need regulation and some framework that would enable trust, different attitude of governments, central banks and regulatory agencies and we are still very far from that.

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February 05, 2021, 10:19:57 PM
 #48

Alz, for mass adoption we would need regulation and some framework that would enable trust, different attitude of governments, central banks and regulatory agencies and we are still very far from that.

Don't think so instead total government regulation will kill all bitcoin has built over the years. Bitcoin core developers just have to work on the technology and improve it more. The reason why we're lacking mass adoption is as a result of the network not having the capacity of accommodation hundreds of users and not failing (high fee or low confirmation time).

Even the centralized crypto platforms like Binance and their likes can't couple with high volume of users than how is the industry expected to grow in utilities. The only aspect of the industry growing continuously is the price value which is why the industry is seen as more of a speculative assets than a currency.

Mass adoption is quite more than what's seen in the OP/Image. It should be seen as an advantage to accept bitcoin thereby bringing about competition and price reduction in goods or service using Bitcoin as payment options. The lack of this competition is why the current service providers are over charging.

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February 05, 2021, 10:41:38 PM
 #49


Somewhere in Brazil.
translated from portuguese:
Quote
We accept cryptocurrencies:
Bitcoin
Tron
Ethereum
XPCoin (soon)

Meat
Fish
Chicken
Mocoto (calf's foot jelly)
minced meat
buchada (typical low cost brazilian food)

water
gas
coal
ice
eggs


Mass adoption is not about banks, neither about instituional money.

This is mass adoption.
I just want to buy coal, eggs and chicken with bitcoin.


this is the way
This indeed is what mass adoption should look like. It seems that this district in Brazil gets it, and it is great as people will be able to spend their money without the help of central banks. I hope this becomes the main stream.
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February 05, 2021, 11:27:37 PM
 #50

Mass adoption is not about banks, neither about instituional money.

This is mass adoption.
I just want to buy coal, eggs and chicken with bitcoin.
I would like to have an adoption like this globally where all the local stores starts accepting cryptocurrency and that is the real adoption. The users make the difference and the institutional money is all about making their profit and not to help the market in any way, yeah it might put eye balls and force people to invest thinking they could profit but adoption truly means everyone able to use them on a daily basis but the biggest problem is that we are yet to scale to reach those levels.
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February 06, 2021, 12:35:05 AM
 #51

This type of bitcoin's publicity is really essential for us to know how bitcoin can be adopted in many areas.

Especially in Africa, bitcoin adoption there is really outstanding. Bitcoin ATMs in their place are really implemented immediately and not most of the countries can do that. Also, this picture shows us how bitcoin can be adopted in many kind of businesses or investments.

We should wait for more adoption around the world because bitcoin do really have a lot of potential and it is already the best cryptocurrency to hold.
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February 06, 2021, 06:19:57 AM
 #52


Somewhere in Brazil.
translated from portuguese:
Quote
We accept cryptocurrencies:
Bitcoin
Tron
Ethereum
XPCoin (soon)

Meat
Fish
Chicken
Mocoto (calf's foot jelly)
minced meat
buchada (typical low cost brazilian food)

water
gas
coal
ice
eggs


Mass adoption is not about banks, neither about instituional money.

This is mass adoption.
I just want to buy coal, eggs and chicken with bitcoin.


this is the way
This indeed is what mass adoption should look like. It seems that this district in Brazil gets it, and it is great as people will be able to spend their money without the help of central banks. I hope this becomes the main stream.


But before that step, I believe Bitcoin SHOULD first be stable and only because of stability can it be used as the default “unit of account” for merchants, and exchanges if they choose.

Because of Bitcoin’s volatile nature, maybe its stability can be attained if it is trading at higher prices. 6 digits? Cool

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February 06, 2021, 07:45:37 AM
 #53

This is a good start for that country and for the community of cryptocurrency to arise, a lot of countries are now accepting crypto so for sure this would be more in the future. A public building a good start for people to get curious to try cryptocurrency and try it. For sure there would also am an organization that may help many people understand it, that is the thing that may help someone understand the community.

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February 06, 2021, 08:38:37 AM
 #54

this is heart warming and i feel touched because a small store like that knows how to appreciate crypto by adding it on their business but big and fine stores dont .
 what they care of  are the mainstream payment methods that everyone is using . they never gave crypto a chance . is mass adoption normally starts this way ? from small enteprenuers ,  i guess so .
 if we are slow in the outside world , the adoption spreads faster in the online world
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February 06, 2021, 09:49:56 AM
 #55

The developer of bitcoin and altcoin payment app should make more advertisement and innovation so small retail store like that in the world can adopt cryptocurrency sooner. And it will be good for tourist, it will be very practical for them to buy anything they need while traveling. It seems that the world is starting to adopt bitcoin little by little, now is better than few years ago when I first know about bitcoin, it was so hard to find place where I can spend my BTC. But now there are so many bitcoin related company that emerging, this is so good.

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February 06, 2021, 10:08:39 AM
 #56

kudos to the owner. I remember a thread on our local board that features local small stores that accept bitcoin and altcoins. Small Business that accept bitcoin or cyptocurrency here in PH, worth it ba?

This is mass adoption.
I just want to buy coal, eggs and chicken with bitcoin.


this is the way
a lot of us wants this but with the current fees it's not worth it.

also, you forgot to translate bebidas. bebidas=drinks (according to google translate)

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February 06, 2021, 11:39:26 AM
 #57


Somewhere in Brazil.
translated from portuguese:
Quote
We accept cryptocurrencies:
Bitcoin
Tron
Ethereum
XPCoin (soon)

Meat
Fish
Chicken
Mocoto (calf's foot jelly)
minced meat
buchada (typical low cost brazilian food)

water
gas
coal
ice
eggs


Mass adoption is not about banks, neither about instituional money.

This is mass adoption.
I just want to buy coal, eggs and chicken with bitcoin.


this is the way
Yes this is the kind of mass adoption that I really like to see where we could see more business accepting Bitcoin not just branded but also local stores.
Although Banks and institutional money are good for us we also want to see it being used as a currency where we could use it to pay or buy what we want using it not converting it into Fiat before paying.

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February 06, 2021, 12:53:04 PM
 #58

This is the real mass adaption, we don't need to start it with the big ones or with the banks in which we don't need to start it already on adaptation by banks but instead let's start it on us by small business, if some local or small store offer to be paid their products by bitcoin or ethereum then let's try it by supporting and adapting the new digital currency. By just doing this we are slowly adapting and supporting the bitcoin and other cryptocurrencies as a payment method to the other stores.



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February 06, 2021, 01:14:41 PM
 #59

Yeah indeed that is mass adoption but it will be quite funny when you transact using bitcoin and you see that the transaction fee is much more bigger compare to the goods you bought  Smiley provably you will collapsed when  you see a x3 or 4 more bigger the amount.

But hopefully there will be an option to lower down the fee's since if this will occur and no solution for this issues maybe the usage of bitcoin will reduce.

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February 06, 2021, 01:33:45 PM
 #60

Amazing I think this is what the future is gonna look like hopefully in every store wearer going to see this thing accepting cryptocurrency as a payment.

I have a similar topic like this one in the Pilipinas section, a collection of small businesses that are accepting cryptocurrency or bitcoin in my country. And it's really amazing to see people adapt in cryptocurrency started in accepting cryptocurrency as a payment method and how creative they were creating these ads in their shops.

Here's the link:
https://bitcointalk.org/index.php?topic=5249761.0


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