We should just spread this strategy to more people and Bitcoin as a currency, will become more favorable. (You can convert Fiat to Bitcoin for those expenses that you can use Bitcoin..... for me that is my daily food budget)
Isn't that what I'm doing? But do you think that at least 10% of the members of this forum are interested in that, or that it makes any sense? The thing is that for years various influential people have been promoting Bitcoin as an investment, and they are telling us to make as few transactions as possible because we are harming the environment and that we will remain in the dark because Bitcoin will consume all the electricity...
How to fight against someone who has more followers on a social network than there are active Bitcoin users?
There is no need for those researchers at all, we can look at the blockchain and see the number of traction is going down, and if we look at the value of the coins right now over LN, the total capacity in $ is actually decreasing, not even mentioning that in the last month for the first time even the BTC value has gone down.
Such things are logical in a bear market, most of those who bought above $20k, not to mention those who bought at double or even three times the price, are now waiting for better times, having learned from past experiences. If anything has been certain so far, it is the bet on halving and its effects.
The thing is ... most of those Social media people are invested in whatever Crypto they are boosting, so they influence their followers to buy those Crypto, so that they can make a shitload of money. (Example : Elon Musk / Mc Afee / Roger Ver.....)
We cannot eliminate greedy people from our fight to promote Bitcoin as a Currency... and what makes things even more difficult for us, is when governments define Bitcoin as a Commodity.
The only thing that we can do, is to support retailers when they start accepting Bitcoin as a payment option. (Use the 80/20% strategy... so in this scenario.. if you usually paid for groceries at Pick n Pay with Fiat, just convert that Fiat to Bitcoin and pay with that)
