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Author Topic: Act local and think global  (Read 395 times)
mvdheuvel1983
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February 04, 2023, 02:55:45 PM
 #21

Today too many people are in worries about Bitcoin adoption, they want to see the global adoption happens overnight, that is impossible, I had some chats yesterday within a mist of friends and they are talking about how they don't notice any fast global bitcoin adoption, I told them that it won't happen instantly.

Bitcoin came into the world in 2009 and so far it's been doing so well. My last piece of advice to them is that Bitcoin adoption starts with us, let's forget about the global side, how many people have you lectured about Bitcoin this year locally, I asked.

The same thing goes out to all of us on here, every part we take locally will have a big impact on Bitcoin adoption, never get tired of spreading the news, it's worthy.
I like the idea of acting local and thinking global. On this forum I have read a lot of thread where uses are carrying out some sort of Bitcoin awareness India local community. I have seen uses talk to market women talk to school children talk to religious leaders and others.

The aim of this in simple Bitcoin adoption periods so when all of this acting local and thinking global as it relates to Bitcoin is that Bitcoin should move towards adduction why most people.

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February 04, 2023, 03:16:04 PM
 #22

Adoption is happening at a fine pace. A lot of websites oriented toward meet-ups have a lot of blockchain/web3/bitcoin meet-ups popping up on a regular basis, at least in my locality. It is great to see. One thing you should not do is push information upon average people. If the topic comes up, go wild on your explanations. If not, don't be pushy. You will likely have an adverse effect this way. As I said in another thread, the most powerful tool is knowledge and your ability to explain to people. If you improve this, you will succeed a lot more in conveying information when the opportunity arises to share it.
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February 04, 2023, 03:33:59 PM
 #23

Op suggests a compelling approach of everyone doing their small part, but I understand that many won't be into it. Firstly, some prefer to hide that they own Bitcoin because they don't want to become targets. Secondly, Bitcoin can be impractical (for example, if you live in an area with low percentage of Internet penetration) or even illegal in some places. Thirdly, global things like this forum or conferences  or other things matter as well. Finally, some may not feel like promoting Bitcoin because people usually promote scam.

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February 04, 2023, 03:48:38 PM
 #24

My last piece of advice to them is that Bitcoin adoption starts with us, let's forget about the global side, how many people have you lectured about Bitcoin this year locally, I asked.
Many local efforts put together will slowly but effectively bring global adoption closer. The summary of OP's discuss is that we should focus more on the one we can do and how we can effectively bring the knowledge of bitcoins to people around us locally first before worrying about the global challenge. Except your environment does not encourage it, sharing the knowledge about bitcoins to people who need them should be our primary concern. You do not have to gather people into a room to teach them, if that is not possible for you, engaging in personal one on one interaction, can achieve a lot.

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February 04, 2023, 04:09:07 PM
 #25

its not about trying to bang peoples heads against the wall to drop fiat and only use bitcoin.

its about just telling them there is a different option
its like telling them instead of bank accounts that offer 0.001% interest gains
there are credit unions that offer 2% gains

its not about converting carnivores into vegans. its about saying try some potato alongside their steak

its not about asking a beer alcoholic to get sober and drink water. its about offering him a fine wine or a whiskey

Yeah I understand that. But currently the extent of adoption that Bitcoin has had in today's society makes it just another form of accepting money that will essentially be converted to fiat. Its currently not a unit of account anywhere. Like, if a shop has a bitcoin price for something, that's not the true bitcoin price, rather a converted price for the fiat amount the shop owner is willing to accept. If bitcoin falls against the particular fiat currency, the asking bitcoin price would increase exponentially for that item.

Only when merchants are willing to accept bitcoins for payment without regard to the bitcoin exchange rate against fiat currencies can we truly think of Bitcoin as having become a unit of account. For that they need to be willing to see that alternatives to fiat exist too. Unless a large part of the population accepts that Bitcoin has some sort of inherent value (rather than just being an exchange thingy to convert to fiat later), its not really going to be a true currency.
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February 04, 2023, 04:48:49 PM
 #26

Definitely that is true and global adoption is not something which will happen overnight anyways. It has so many huddles on the way. The infrastructure, bigger mining facilities, issues associated with scaling, network speed and congestion overcoming. When we speak about the global adoption we only think about or imagine a world where every single person is holding portion of bitcoin and transacting with it. However, thats not adoption. We need above mentioned fact checks to fulfil the need of every peer to go on those heights.
Every country needs to seed it from their own homes, they need to build or inspire to build infra's related to bitcoin. Whether it is mining facility or OTC for bitcoin transaction or educational hub. We need that much power to go beyond our visions. Smiley
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February 04, 2023, 05:43:41 PM
 #27

It's a great idea to "act local and think global" in your caption. Over the years, Bitcoin has encircled the world with its tentacles. Although many of us live in local communities—some of us even reside in extremely distant areas—we have heard of bitcoin and have invested in it to the best of our ability.

Bitcoin has a way of promoting itself to even the most remote regions you can imagine, so although the idea of meeting people and lecturing them about it is a nice one.




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February 04, 2023, 08:35:58 PM
 #28

Today too many people are in worries about Bitcoin adoption, they want to see the global adoption happens overnight, that is impossible, I had some chats yesterday within a mist of friends and they are talking about how they don't notice any fast global bitcoin adoption, I told them that it won't happen instantly.
I don't know why some people will just expect miracle to happen, you should ask them if bitcoin price just grow overnight, when Bitcoin was created we all saw what bitcoin price was, and we can all see bitcoin price today, the increase in price didn't happen overnight or wetin one week or one year, it's a gradual process, the same thing will happen when it comes to global adoption its going to happen gradually and we shouldn't expect it to happen within a day or one year.

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February 04, 2023, 09:10:08 PM
 #29

It's not about spreading... like the boy who sold the newspapers, it's not an obligation, in any case in times when it's very difficult not to be informed, it's about people finally accepting the change of thinking what is needed.

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February 04, 2023, 09:12:29 PM
 #30

Today too many people are in worries about Bitcoin adoption, they want to see the global adoption happens overnight, that is impossible, I had some chats yesterday within a mist of friends and they are talking about how they don't notice any fast global bitcoin adoption, I told them that it won't happen instantly.

Bitcoin came into the world in 2009 and so far it's been doing so well. My last piece of advice to them is that Bitcoin adoption starts with us, let's forget about the global side, how many people have you lectured about Bitcoin this year locally, I asked.

The same thing goes out to all of us on here, every part we take locally will have a big impact on Bitcoin adoption, never get tired of spreading the news, it's worthy.
I do not think that it is compulsory to introduce bitcoin to the people especially when the person introducing the Bitcoin does not have the complete knowledge of Bitcoin, thereby giving the newcomers a half-baked information or and misinformation.

Most times we have seen when newcomers are told that bitcoin is a get-rich-quick scheme and within few months of joining the scheme they rather lose money than getting rich and this will make them begin to question the credibility of Bitcoin.
If you have to introduce someone, tell them the truth about bitcoin.

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February 04, 2023, 11:19:35 PM
 #31

It's not about spreading... like the boy who sold the newspapers, it's not an obligation, in any case in times when it's very difficult not to be informed, it's about people finally accepting the change of thinking what is needed.

More of allow those interested to engage as well as those who don't want to. Pushing adoption would also mean putting more people into risk. This industry has advantages and one is simply being profitable right? But that's not as easy as it sound. The price is volatile for cryptocurrencies which makes it difficult;price moves a lot without certainty of when will be the trend be bullish. Same reason why I don't want to persuade my circle of investing into this technology because I myself is stressing whenever the market is in red marks. Considering whether they could endure more or not, is simply the idea of adoption across countries.

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February 04, 2023, 11:45:02 PM
 #32

The same thing goes out to all of us on here, every part we take locally will have a big impact on Bitcoin adoption, never get tired of spreading the news, it's worthy.
The difficult when promoting bitcoin locally is that local people usually lack interest or necessity of doing global transactions. They are fine with fiat payment system and their debit/credit cards. Also, they don't get inspired by having their money in self-custody, that is, on their own hands the whole time. They are fine with banks taking care of it (or it's because they don't even have money at the bank). So depending the approach they don't get interested in btc.

I believe the way to persuade them to adopt bitcoin is the profitability potential on long term, but then, we have to ask ourselves, does it worth to promote bitcoin this way? Huh

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February 04, 2023, 11:59:41 PM
 #33

That's a must, because the spreading about Bitcoin in the early days happened through word of mouth spreading. Now scenario is different. Even now word of mouth spreading will work, but we don't find it a big way. Maybe thats because of feeling of advertisement better than word of mouth.

Whether the large scale network start accepting bitcoin into their businesses or not, it is our responsibility to do the best for the development of the network. On such a move it is good that we try to have bitcoin acceptance from the bottom on small scale businesses that we users own.

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February 05, 2023, 12:14:09 AM
 #34

spreading news about bitcoin is necessary, and of course with the aim that people have valuable assets for the future, but people's thoughts are of course different. So in my opinion, in spreading the news about bitcoin, just relax, because later they will find out for themselves
if there is evidence of us being more successful because of investing in bitcoin. because there are many stories of people as a result of seeing other people's success from btc and finally they find search btc the internet.
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February 05, 2023, 02:39:15 AM
 #35

The difficult when promoting bitcoin locally is that local people usually lack interest or necessity of doing global transactions. They are fine with fiat payment system and their debit/credit cards. Also, they don't get inspired by having their money in self-custody, that is, on their own hands the whole time. They are fine with banks taking care of it (or it's because they don't even have money at the bank). So depending the approach they don't get interested in btc.

I believe the way to persuade them to adopt bitcoin is the profitability potential on long term, but then, we have to ask ourselves, does it worth to promote bitcoin this way? Huh
One of the best things one can accomplish in a lifetime is definitely becoming embedded with knowledge. While some people are only now becoming aware of Bitcoin and cryptocurrencies, it is a long-term project that has been in existence for decades. In certain nations, bitcoin is widely used; in others, not so much. Promoting bitcoin locally is extremely challenging because the average person doesn't want anything that will confuse him about his transactions or money. They lead an antiquated lifestyle devoid of technology, and the majority of them don't even know how to use a smart phone, let alone own one. Although not always in the surrounding areas, persuasion can be guaranteed.

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February 05, 2023, 03:35:09 AM
 #36

The same thing goes out to all of us on here, every part we take locally will have a big impact on Bitcoin adoption, never get tired of spreading the news, it's worthy.
The difficult when promoting bitcoin locally is that local people usually lack interest or necessity of doing global transactions. They are fine with fiat payment system and their debit/credit cards. Also, they don't get inspired by having their money in self-custody, that is, on their own hands the whole time. They are fine with banks taking care of it (or it's because they don't even have money at the bank). So depending the approach they don't get interested in btc.

I believe the way to persuade them to adopt bitcoin is the profitability potential on long term, but then, we have to ask ourselves, does it worth to promote bitcoin this way? Huh
Another problem is that if those people wanted to use bitcoin or something similar they should be part of this market already, as it is difficult to miss bitcoin when so much information is available online about it.

So we must suppose that anyone that has not invested or at least is aware of the existence of bitcoin does not care about it and trying to convince them to buy bitcoin is a waste of time, each person will adopt bitcoin at their own pace and there is no reason to try to rush them.
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February 05, 2023, 04:25:29 AM
 #37

Yes it deserves, global adoption is a great ambition that needs many years, we don't know exactly how many, of course we should start with the circle around us to spread knowledge about Bitcoin.

Looking at my community in which I live, I notice a big change since I entered the crypto field until now. The number of people who knew about Bitcoin was very small, but now this percentage has increased significantly.

But in my opinion, global adoption does not only need to spread knowledge among people. This is not enough. Global adoption needs a strong infrastructure that is ready to use Bitcoin as a means of payment in daily life, and this is what companies or governments must provide.

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February 05, 2023, 08:44:27 AM
 #38

Yes it deserves, global adoption is a great ambition that needs many years, we don't know exactly how many, of course we should start with the circle around us to spread knowledge about Bitcoin.
(....)
There are just some people who are not patient, and some people are greedy. Some people are only here because of money, which is very wrong. The essence of Bitcoin is not for money only.
People must start to learn the really use of Bitcoin and the global adoption is the key for that, people also will become curios about Bitcoin.
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February 05, 2023, 11:51:29 AM
 #39

In fact, today the Internet is very extensive. When talking about Bitcoin, don't put too much pressure on people to get interested. I think that everyone should wake up to it in due time and grow up. If people see in movies and TV shows that Bitcoin is presented as a means of fraud, and this is exactly what happens in my country, why should I argue? Let them think about what they want. Time puts everything in its place. I don't know—why rush things? Whether bitcoin will be accepted and when it will happen, we can only observe the regrets of those who did not know about it before. As a result, I will not argue or force, but if they ask, and they ask in a good way, not ironically, to confirm my convictions, I will tell them. Otherwise, why waste your valuable time on fools?

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February 05, 2023, 01:10:53 PM
 #40

I have given bitcoin awareness to people in my neighborhood, friends and even at my working place. Bitcoin adoption can only spread fast,if everyone in the forum can talk to people within their reach,especially friends and families. Everything in life is a gradual process, therefore this is how bitcoin adoption will be like,gradually its adoption will get to the ends of the earth.

If we can't teach people about bitcoin for easy adoption, you can promote it by putting the logo on your t-shirts, get bitcoin stickers in your cars,gates or wherever it can be seen. Ignorant is what is a challenge in this exercise because,you can't force someone to invest, if he or she hasn't decided to embrace bitcoin.

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