What can we do to speed up Bitcoin mass adoption?

[EdenHazard]

What we have to do to speed up Bitcoin adoption is to spread the profit you make in each of your trading on social media in order to attract more attentions, so with that Bitcoin adoption will increase from hundred percent to one thousand percent

It is not as simple as you think, brother. Sharing information about our profits on social media has been done by many people around the world. It is not a new way, many people already tried your idea to improve peoples' interest to use Bitcoin. So, I don't think this way will make a very significant impact on the adoption of Bitcoin. Bitcoin is no longer something new for people around the world.

That was not intelligent way to educate people about crypto .. about bitcoin.

you will only teach them about the short term pleasure which it would feel like gambling though rather than get them know abbout the revolutionary .. the vision in bitcoin itself to chenge the way we do any kind transaction seamlessly.
well people often misleading at this point , flexing are not the way. not the right way. people tend to collect money through clicks thesedays. sucks trends.

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[malevolent]

There's more and more legal friction in the form of red tape for on and off-ramps for BTC<->fiat currency exchanges so not sure how the future is going to look like. Same even goes for any entities ever handling bitcoins on behalf of others, transferring them, other uses, etc. Frankly speaking, I see a bleak future for any adoption unrelated to HODLing (which in itself is great, but I had higher expectations for Bitcoins' future) or gambling at exchanges/DeFi/whatever at this point. And the time for some serious lobbying passed years ago (not sure if it would've worked out anyway...).

[m2017]

What can you say about this option? Will it be legal to use it?

the best way to accelerate bitcoin adoption would be if people in every country fight with politicians to make laws that are good for bitcoin, this is the only way to have mass adoption, merchants can only accept bitcoin payments if there are clear bitcoin laws in a particular country, companies can only accept to pay wages in bitcoin if they have clear bitcoin laws in a particular country. so everything depends on laws, without bitcoin laws we will continue to use bitcoin as just an asset to day trade or hodl, unfortunately we are not making much progress in this matter of getting many governments to create bitcoin laws

Politicians pass only those laws that are beneficial to themselves, and not to the majority of people. I can't imagine what it would be like for people to influence politicians and they pass laws about bitcoin that are good and beneficial to the people. I agree that proper BTC regulation at the legislative level would promote mass adoption, but I have great doubts about how this will be implemented.

[StarKay]

Factors affecting the mass adoption of bitcoin such as education, government policy, bitcoin price volatility, and blockchain security will need to be addressed first to increase adoption of bitcoin.

I'll say that there's a lot more awareness about bitcoin than adoption because of lots of misinformation of bitcoin and lack of blockchain education available to many people. We can not do much other than to teach people around us the advantage of bitcoin over fiat currencies and also how to secure their wallets and use exchanges safely.

[Kimonoe]

What can you say about this option? Will it be legal to use it?

the best way to accelerate bitcoin adoption would be if people in every country fight with politicians to make laws that are good for bitcoin, this is the only way to have mass adoption, merchants can only accept bitcoin payments if there are clear bitcoin laws in a particular country, companies can only accept to pay wages in bitcoin if they have clear bitcoin laws in a particular country. so everything depends on laws, without bitcoin laws we will continue to use bitcoin as just an asset to day trade or hodl, unfortunately we are not making much progress in this matter of getting many governments to create bitcoin laws

Politicians pass only those laws that are beneficial to themselves, and not to the majority of people. I can't imagine what it would be like for people to influence politicians and they pass laws about bitcoin that are good and beneficial to the people. I agree that proper BTC regulation at the legislative level would promote mass adoption, but I have great doubts about how this will be implemented.

The subtle thing to do is if bitcoin is used by a large portion of the population, so that the government has no way of avoiding it. on the other hand a situation that can urge the government to legalize it. it sounds difficult, but eventually bitcoin will naturally get a place in the payment instrument section. Currently the government is only looking for opportunities to collect taxes, as is the case in my country where starting from May the government will increase the cryptocurrency tax

[LUCKMCFLY]

What can you say about this option? Will it be legal to use it?

the best way to accelerate bitcoin adoption would be if people in every country fight with politicians to make laws that are good for bitcoin, this is the only way to have mass adoption, merchants can only accept bitcoin payments if there are clear bitcoin laws in a particular country, companies can only accept to pay wages in bitcoin if they have clear bitcoin laws in a particular country. so everything depends on laws, without bitcoin laws we will continue to use bitcoin as just an asset to day trade or hodl, unfortunately we are not making much progress in this matter of getting many governments to create bitcoin laws

Politicians pass only those laws that are beneficial to themselves, and not to the majority of people. I can't imagine what it would be like for people to influence politicians and they pass laws about bitcoin that are good and beneficial to the people. I agree that proper BTC regulation at the legislative level would promote mass adoption, but I have great doubts about how this will be implemented.

The subtle thing to do is if bitcoin is used by a large portion of the population, so that the government has no way of avoiding it. on the other hand a situation that can urge the government to legalize it. it sounds difficult, but eventually bitcoin will naturally get a place in the payment instrument section. Currently the government is only looking for opportunities to collect taxes, as is the case in my country where starting from May the government will increase the cryptocurrency tax

To accelerate the adoption of BTC at this point I think that is enough, people are realizing that their particular economies have dropped significantly and that this is a special characteristic of all of us who are living in this world, of course there are people who they are always very good economically and it is a blessing and I hope they continue to do so and even better, but the need has made people adopt BTC, at least those who have families and who at one point lost their jobs, thanks to the pandemic and everything that has been going on right now, I think that's the way.

[Western_Boris]

People needs to be educated on how our current monetary policy is bad. Education is the key. They don't like it that price of everything is constantly going up faster than they get pay rise. They just don't know the reason for that.

They need to learn that it has been never worked in history of human kind when we give exclusive rights to print more money to some bankers or gevernments. Money needs to be separated from the state. Bitcoin is the solution for this. Running on fair rules which everybody can verify and not giving any benefits for rich or well connected people.

Human greed will always be there. So as long as the money policy is 100% on the hands of few, the human greed will make them to use that power to enrich themselves and their cronies, and not to benefit the whole human kind.

Education is the key.

[rodskee]

I am now conceptualize our small business into helping Bitcoin adoptions on how? that is offering Bitcoin as accepting payments from our costumers , I even plan to accept altcoins 

and also i am no  actively luring my friends and family members to invest in crypto in their choices , this is our part to extend our engagement to others and let them learn the benefits of crypto .

[Western_Boris]

I am now conceptualize our small business into helping Bitcoin adoptions on how? that is offering Bitcoin as accepting payments from our costumers , I even plan to accept altcoins 

and also i am no  actively luring my friends and family members to invest in crypto in their choices , this is our part to extend our engagement to others and let them learn the benefits of crypto .

Accepting altcoins and luring friends and family to invest in crypto (not bitcoin) is stupid road. There is huge difference between Bitcoin and other cryptos so I would not recommend that way of shitcoins. People will get mad at you someday for recommending anything else than the safe Bitcoin.

[cheezcarls]

Reading this forum, I periodically come across posts that glorious times will come when bitcoin will be used everywhere to buy and sell any services and goods around the world. I am amazed and surprised by the optimism of some people. There is an aphorism that goes something like this: optimists are people who are ill-informed. I'm trying to look at the situation from a realistic point of view and this is what I see.

Residents of any country in the world can officially use only the national currency as a means of payment (if somewhere this is not the case, then correct me). Of course, you can pay in any other currency in a dark alley, if you agree, but the only legal means is always the national currency of the country of your residence. If you look at the situation from this point of view, then why would the governments of any country allow the use of bitcoin as a means of payment? Other currencies are not allowed, but bitcoin will be allowed. Why would governments suddenly be given such privileges for bitcoin? For me personally, this is obvious and my forecasts are pessimistic in this regard. The maximum, in my opinion, that they will allow is to officially invest in bitcoin and generously allow you to share % of the profits with them.

It's funny (or not so) true, once you make a profit, they demand a share of your profits, but they don't minimize your risks in any way and don't compensate for losses. This is a small digression.

Now we come to the point that I would like to discuss.
As you know, bitcoin can be easily used as a currency in p2p transactions and no government has any influence here. But what about legal entities? For example, small shops, bars, etc., where now you can pay with BTC (By the way, there are not so many such places). It must be legally difficult to get it right. And what about those in whose countries it is difficult to overcome bureaucratic obstacles and calmly accept bitcoin in their shop?

Can use the "accept as a donation" option instead of paying? In this case, will it be possible to hold you legally liable in your country? Will government agencies be able to punish this method? I understand that each country has its own legislation, but I know examples of countries where under the guise of "donations" religious organizations enrich themselves without paying a penny of taxes (officially and legally exempt from taxes). For example, this organization rents out rooms to pilgrims (and not only) in its "hotels" and the price list indicates "donation" and not payment for services. With this example, I wanted to show that the model of paying for services / goods under the guise of "donations" is quite real and feasible, and if use bitcoi for this, it can be even easier.

The community is waiting for the world to accept bitcoin to be used everywhere. Maybe it's worth trying actions that will speed this up? For example, encouraging buyers of your store's products or providing car repair services. You can offer a discount if pay in bitcoin. This will be beneficial for the buyer, and you get BTC for your purchases from other people, too, at a discount, or in a pinch, leave it as an investment.

Donation + discount when paying in BTC can be combined. Discounts could encourage people to use bitcoin and bring mass adoption closer through more users. In the end, BTCitcoin should circulate in society / economy, like blood in a living organism, and not stagnate and stale.

What can you say about this option? Will it be legal to use it?

The most effective way is just simply spreading the word whether if it’s word by mouth, social media, donations, transportation, paying bills, etc., educating the masses, etc. When my dad was planning to do a milk tea business before the pandemic, I was thinking of a promo or perk for customers if they are going to use a Bitcoin wallet and scan QR code for payment, etc. However, my dad decided not to pursue the business for personal reasons. But if he does, I would push him to adopt my suggestion.

[suryana]

maybe this is what miners really want such as the mass adoption of bitcoin by the public but this is inversely proportional to getting a lot of opposition from various groups, maybe bitcoin really needs a strategy or an advertisement to be able to introduce bitcoin to the wider community so that bitcoin has regained its trust so that it will bring a lot of mass adoption as well as gain trust with such high popularity in investment circles.especially the crypto world

[NicNacCoin]

We work in cryptocurrency. All we have to do is think about how to move this cryptocurrency forward all the time.Bitcoin must be distributed among the masses and among the youth in such a way that the next generation will emerge as the lovers of Bitcoin.Young people in particular need to build a good relationship with Bitcoin so that in future plans they can do better research and move forward to better positions.

[Western_Boris]

maybe bitcoin really needs a strategy or an advertisement to be able to introduce bitcoin to the wider community...

I think Central Banks are the best advertisement for Bitcoin that there can ever be. But it works only on educated people who understand how toxic their policy is. So education is the key. And care. About not only ourself but from the rest of the people on this planet too.

[KennyR]

In majority of the countries there is no proper regulation on the usage of cryptocurrencies. In few countries the taxation is very big. This fears people not to show their willingness to receive payments in terms of cryptocurrencies, because a small bitcoin accepted signage could make the government tax over us, though we haven't got any big number of people to use the services.

[nur rochid]

actually we discussed with close friends, and I think that's enough. by talking to other people, that person will talk to others, and over time it will become a community and get bigger. after becoming big and this is done by many people around the world, then this will have an impact on the development of bitcoin, and finally the government will intervene, because this is an object of taxation and there must be regulations, and finally there is official news, will have a big impact

[GigaBit]

Bitcoin is the global currency so it is most important part in our everyday life. As it is valuable asset so we should have a good knowledge about it. If we can learn the importance of this Digital currency especially bitcoin then it will be very easy to adopt it rapidly all  over the world. So i just want to focus on learning and then we can speed up or spread it to whole world.

[m2017]

~snip~

The most effective way is just simply spreading the word whether if it’s word by mouth, social media, donations, transportation, paying bills, etc., educating the masses, etc. When my dad was planning to do a milk tea business before the pandemic, I was thinking of a promo or perk for customers if they are going to use a Bitcoin wallet and scan QR code for payment, etc. However, my dad decided not to pursue the business for personal reasons. But if he does, I would push him to adopt my suggestion.

That's exactly the thought I wanted to convey (one of) and I'm glad that you had a similar thought. Need to start small and implement the use of BTC through promos and bonuses. Something like: buy tea with milk for bitcoin and get a cookie as a gift. This is just an example and can only be limited by your imagination.

I hope your dad will return to the implementation of his business idea and you will share your experience of using BTC as a promotional tool.

[mildmanneredsuffering]

there are already better cryptos than bitcoin in every real metric. by the time bitcoin bcomes mature enough to not crash every month it will already be far behind in technology. some crypto may do great,but bitcoin failed. 2021 inflation vs bitcoin. bitcoin  lost, lossed. who will ever put hope in the hopeless again

The west was lost to jewish criminals, now every white nation is overrun with africans, every institution controlled by jews who hate you and call themselves chosen by a god that does not exist.

[amishmanish]

In my opinion bitcoin will first penetrate financial institutions.. Already many banks have started holding bitcoin assets. The Unique advantage that bitcoin offer is being a universally acceptable currency, and at least all governments and institutions agree on this. However many countries fear that maybe bitcoin and crypto will hijack their current financial setup, if they adopt it overnight. So In most countries the adoption is rather cautious.
And yes there is big misconception in masses that bitcoin is a speculative token, and carry significant risks. They need to be educated about how bitcoin can be an asset, and how to use it.

[goldkingcoiner]

-snip-

The best thing that can we do to speed up Bitcoin mass adoption is to advertise. Preferably by word-of-mouth which seems to be the most effective and low cost marketing strategy that I know.

People really underestimate the effect word-of-mouth has. So spread it within your circle of friends, family and coworkers. Tell them about why Bitcoin is the future and all the things it has achieved to this day. Tell them about your personal success stories with Bitcoin.

We already got the ball rolling, now the most important part is to steer this gigantic snowball in the right direction. Avoid people who badmouth Bitcoin and reprimand them for it.