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Author Topic: My ideals on how to promote Bitcoin in my locality  (Read 473 times)
Dakcrypto (OP)
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February 10, 2023, 01:02:38 AM
Merited by suzanne5223 (2)
 #1

There are so many ways Bitcoin can be promoted especially here in Nigeria and wold wide.
Firstly religious leaders play a very interesting roles in the life of people and are seen as role models and mentors some see them as a father figure, so what ever this set of people tell there followers that is what exactly they will all do.
With the numbers of churches and mosques that we have I know if Bitcoins is been enlightened to us through this regions then people will trust and believe in BTC, Bitcoin will surely go more far and spread wide with this ideas.
Secondly Bitcoin is better than saving in a bank because it appreciate while it is been saved in our wallets and it is also an investment, so many people complain from there day to day activities with the local banks of been debited without cause and reducing the expected savings this is not a good reputation and Bitcoin has solve this aspect of issues, with the security of wallets, hard ware and software wallets fraud is been reduced making both the old and the young to believe that they are saved from been scammed through BTC.

#Just my thoughts.
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February 10, 2023, 01:51:26 AM
 #2

Passing through the religious section might be effective a little bit, not only did I hear but I have seen so many people doing unthinkable things just because their religion leader instructed them to do so.
But before something like this can work it means those head of the religion has to be aware of what Bitcoin is and also know a little bit of how the process works, that way it will be more easier to convince the congregation to adopt Bitcoin.

Secondly Bitcoin is better than saving in a bank because it appreciate while it is been saved in our wallets and it is also an investment,

Don't forget that Bitcoin is volatile meaning it can also depreciate. If you intend to go one with this initiative of yours then you probably should prepare the mind of those you want to enlighten about Bitcoin. If you decides to tell them only about how Bitcoin value can appreciate what then will happen when it starts depreciating and you and I know that those you have spoken with concerning Bitcoin are definitely going to tag you and Bitcoin as a scam.

All I'm trying to say Op is that what ever you do don't just tell people about the advantages /benefits of that thing alone try to also add the disadvantages/risk-involved to it, if they decide that they're cool with it then that's fine rather than them discovering it the hard way.

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February 10, 2023, 02:15:22 AM
 #3

Firstly religious leaders play a very interesting roles in the life of people and are seen as role models and mentors some see them as a father figure, so what ever this set of people tell there followers that is what exactly they will all do.
I don't want to cooperate with religious leaders to promote Bitcoin. Let they do their religious jobs.

With religions, people are so fanatic and they can be misled by religious leaders that we can not exclude if you want to use religious leaders to advertise Bitcoin. I see more adverse effects than good effects from this.

Bitcoin itself is already a kind of religion and the Bitcoin religious communities are becoming bigger world wide. If you want to contribute for Bitcoin adoption, let's build your community but please don't mix it with religious communities and religious leaders.

R


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February 10, 2023, 02:22:09 AM
 #4

Spreading bitcoin is not an easy thing, especially for people who don't really understand technology.
we have to slowly teach it, so that people understand and understand about bitcoin.
and teaching bitcoin through religion is not a bad thing, especially the leaders who teach it.
but keep in mind that teaching bitcoin through religious channels must be more significant.
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February 10, 2023, 02:24:26 AM
 #5

Doesn't promoting Bitcoin through a church sound wrong to you lol? Knowing the fact that people can lose their life savings if they went in without knowing what they're doing.

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February 10, 2023, 04:08:20 AM
 #6

#Just my thoughts.
Regarding religious leaders in both churches and mosques who can tell or teach about Bitcoin, I think this is not a good suggestions, there are so many people who really believe what is conveyed by religious leaders as the true truth, if they teaches about Bitcoin even though theirs doesn't have the appropriate knowledge then it will be like a disaster because you shouldn't let people who don't know Bitcoin properly teach it to many people because this can make them wrong in making decisions and will only make them think that Bitcoin is a way to get rich where this is already a big mistake.

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February 10, 2023, 04:11:56 AM
 #7

It doesn't sound so great to me that religious leaders will preach Bitcoin to the believers with the presumption that whatever these leaders say, their followers will blindly comply. In itself, it doesn't sound nice already. It seems the way they get into Bitcoin is antithetic to Bitcoin's philosophy.

Not to mention that these leaders are basically spiritual authorities, probably not well-equipped to make sure the believers know and understand all the implications, especially security matters, regarding Bitcoin.

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February 10, 2023, 05:09:17 AM
 #8

Firstly religious leaders play a very interesting roles in the life of people and are seen as role models and mentors some see them as a father figure, so what ever this set of people tell there followers that is what exactly they will all do.
This is not right, majority of Nigerian citizens are Muslims, Bitcoin is haram for Muslims due to high risk and there are a lot articles discuss about this matter. I know there's will be an user will disagree with this and give a source if there a Muslim's master saying Bitcoin is legal etc, but it still doesn't change Bitcoin is high risk.

Quote
Secondly Bitcoin is better than saving in a bank because it appreciate while it is been saved in our wallets and it is also an investment, so many people complain from there day to day activities with the local banks of been debited without cause and reducing the expected savings this is not a good reputation and Bitcoin has solve this aspect of issues, with the security of wallets, hard ware and software wallets fraud is been reduced making both the old and the young to believe that they are saved from been scammed through BTC.
If the banks are debit your funds without cause and reducing your money, it's mean your banks are corrupted. But I think they have a rule which you're not understand why the reason it's happen.

Software wallet is prone of getting hacked, it's not secure to hold for long term.

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February 10, 2023, 06:06:19 AM
 #9

With the numbers of churches and mosques that we have I know if Bitcoins is been enlightened to us through this regions then people will trust and believe in BTC, Bitcoin will surely go more far and spread wide with this ideas.
So you believe that the church, chastised for questionable financial practices such as using donations for personal gain or not being transparent about their finances, can contribute more to raising awareness about bitcoin? Anyone intelligent enough to understand the distinction between religion and finance will find this irritating.

Imagine hearing bitcoin referred to as the "coin chosen by God Almighty" — I'm sure I'd never want to talk about bitcoin ever again if that happens. Religion's only job is to spread gospel not some technical shit that they know nothing about.

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February 10, 2023, 06:18:57 AM
 #10

Doesn't promoting Bitcoin through a church sound wrong to you lol? Knowing the fact that people can lose their life savings if they went in without knowing what they're doing.
I believe church should never be involved in any promotion regardless if it’s legal or illegal, because this may sound like manipulation of the minds of the people to do such things even when they aren’t supposed to do it. Most particularly for bitcoin since it’s a very risky investment, so if one should decide to invest in it, he should be knowledgeable enough and knows exactly the risks involved when investing in bitcoin. Otherwise, he’ll end up losing his hard earned money because of relying his decision from other people.

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February 10, 2023, 06:20:41 AM
 #11

Bitcoin appreciates as you said, it also depreciates too, if you are going to promote bitcoin through religion I believe this is very wrong, financial investments must not be brought into the house of God, that's so wrong bro.

Also, what makes you think that all those people in the church or mosque will fully understand Bitcoin? Or even agree to invest in Bitcoin? It looks like forcing them to me, churches and mosques consist of older people too, they can't get involved because they don't and won't understand what bitcoin is all about.

This move can easily get you in a big mess if someone does something wrong, either when transacting with BTC or a massive dump happens after they invest in bitcoin, do you know how fast people condemn bitcoin and call it a scam?

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February 10, 2023, 06:32:21 AM
 #12

There are many ways that we can do to promote bitcoin and introduce it to other people and usually, we only need to tell other people about what we have got through bitcoin. And usually, other people will be interested so they want to know more about bitcoin and some of them end up joining bitcoin.

And if you think your way of promoting bitcoin will work, you can do it anyway. And other people will surely find their own way of promoting bitcoin. What's important is that we don't force them to invest or use bitcoin and we only introduce them to what bitcoin is and how bitcoin can help them because we already get the benefits. Let them decide by themselves.

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February 10, 2023, 06:37:22 AM
 #13

There are so many ways Bitcoin can be promoted especially here in Nigeria and wold wide.
Firstly religious leaders play a very interesting roles in the life of people and are seen as role models and mentors some see them as a father figure, so what ever this set of people tell there followers that is what exactly they will all do.
With the numbers of churches and mosques that we have I know if Bitcoins is been enlightened to us through this regions then people will trust and believe in BTC, Bitcoin will surely go more far and spread wide with this ideas.
Secondly Bitcoin is better than saving in a bank because it appreciate while it is been saved in our wallets and it is also an investment, so many people complain from there day to day activities with the local banks of been debited without cause and reducing the expected savings this is not a good reputation and Bitcoin has solve this aspect of issues, with the security of wallets, hard ware and software wallets fraud is been reduced making both the old and the young to believe that they are saved from been scammed through BTC.

#Just my thoughts.
For things to promote bitcoin by religious leaders in my opinion it is a strange thing and is not an effective step, basically they teach the meaning of life and matters of obligation and prohibition from God, of course they do not have any interest in spreading and explaining bitcoin to their people and more bitcoin is still said to be a new discovery, unlike their centuries-old understanding of religion, of course there will be contradictions if promotions are carried out by any religious leaders and there will be chaos with their adherents. As for religious leaders who are asked about bitcoin, they will definitely answer not on the substance of bitcoin but more on how useful bitcoin is for the people and whether it will be detrimental or not. I think they will only act whether or not bitcoin is used in a religious sect without carrying out any promotion.

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February 10, 2023, 06:57:42 AM
 #14

Bitcoin is already a religion for a lot of people but i don't think that we should involve churches in it
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February 10, 2023, 07:02:54 AM
 #15

#Just my thoughts.
Your thoughts are correct mate because religion plays a pivotal role in the lives of almost every Nigerian. Religious leaders have so much followership that their followers sometimes obey them more than the government. I am sure that immediately after these churches announce that they can receive offerings and other donations in bitcoin, millions of their members might become aware of the currency. And it is possible that some of them might become interested in bitcoin. The only problem this suggestion will face is that banks are restricted from dealing with bitcoin. Most of them might be discouraged because of the Nigerian government's unfriendly attitude towards bitcoin.

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February 10, 2023, 07:41:13 AM
 #16

There are so many ways Bitcoin can be promoted especially here in Nigeria and wold wide.
Firstly religious leaders play a very interesting roles in the life of people and are seen as role models and mentors some see them as a father figure, so what ever this set of people tell there followers that is what exactly they will all do.
With the numbers of churches and mosques that we have I know if Bitcoins is been enlightened to us through this regions then people will trust and believe in BTC, Bitcoin will surely go more far and spread wide with this ideas.
Secondly Bitcoin is better than saving in a bank because it appreciate while it is been saved in our wallets and it is also an investment, so many people complain from there day to day activities with the local banks of been debited without cause and reducing the expected savings this is not a good reputation and Bitcoin has solve this aspect of issues, with the security of wallets, hard ware and software wallets fraud is been reduced making both the old and the young to believe that they are saved from been scammed through BTC.

#Just my thoughts.
I don’t see any relevance bitcoin should be taught in a church just for the goal of promotion. Maybe outside the church it can be possibly done but never when the mass is still going on. Especially that bitcoin is not yet legalized in most countries so it might create a form of opposition on the people around knowing illegal things should never be introduced or promoted particularly from the mouth of religious leaders. So I think I have to disagree to OP that bitcoin should be promoted by religious leaders.
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February 10, 2023, 07:55:44 AM
 #17

I think if you will use religion for that, it will give bitcoin kinda bad reputation cos it just sounds like manipulation. I think the best way to promote bitcoin is just to show its cons to people. There are still a lot of unbanked people in Africa who might need bitcoin or some people can use bitcoin or stables as a hedge against inflation or just an asset to invest in. Probably the best way to promote it is to just educate people about bitcoin and they will naturally start using it.
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February 10, 2023, 08:01:01 AM
 #18

There are so many ways Bitcoin can be promoted especially here in Nigeria and wold wide.
Firstly religious leaders play a very interesting roles in the life of people and are seen as role models and mentors some see them as a father figure, so what ever this set of people tell there followers that is what exactly they will all do.
With the numbers of churches and mosques that we have I know if Bitcoins is been enlightened to us through this regions then people will trust and believe in BTC, Bitcoin will surely go more far and spread wide with this ideas.
Secondly Bitcoin is better than saving in a bank because it appreciate while it is been saved in our wallets and it is also an investment, so many people complain from there day to day activities with the local banks of been debited without cause and reducing the expected savings this is not a good reputation and Bitcoin has solve this aspect of issues, with the security of wallets, hard ware and software wallets fraud is been reduced making both the old and the young to believe that they are saved from been scammed through BTC.
#Just my thoughts.

Hey mate you have spoken fine but I would remind you this that religious organizations are government recognized institutions, they are approved entities to operate as religious body not financial institution or financial advisors so therefore will not want to risk their license in going against the government as they are not certified financial experts. Although religious organizations have large followership, committed and devoted members but that does not mean that they would start telling about finance which I believe not all would accept. As we all know, this is a very sensitive matter as it has to do with financial investment and one needs to be careful when when it gets to this level of getting involved in religious activities. Your religious leaders would only advise you to seek the face of God before going into anything be it business etc but can not tell you where to invest because they too know how sensitive it is and are very careful about it so that you do not put your loss blame on them. Come to talk of it they are not financial experts so why going to them for such? Although they have influence over their members but that does not guarantee that members too would listen to them when it gets to that level as they too are very careful about their investment.

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February 10, 2023, 08:18:10 AM
 #19

There are so many ways Bitcoin can be promoted especially here in Nigeria and wold wide.
Firstly religious leaders play a very interesting roles in the life of people and are seen as role models and mentors some see them as a father figure, so what ever this set of people tell there followers that is what exactly they will all do.
With the numbers of churches and mosques that we have I know if Bitcoins is been enlightened to us through this regions then people will trust and believe in BTC, Bitcoin will surely go more far and spread wide with this ideas.
TBH, I can't think of a reason why somebody must connect religions, churches into Bitcoin.
I can't find any churches that are promoting any crypto project at all. I don't know if religions promoting Bitcoin will be good or bad, but I don't think that they will promote it at all. I mean if they can't benefit from it then they will not do it and besides, not all of the churches know or has been engaged into Bitcoin or crypto in general.

Secondly Bitcoin is better than saving in a bank because it appreciate while it is been saved in our wallets and it is also an investment, so many people complain from there day to day activities with the local banks of been debited without cause and reducing the expected savings this is not a good reputation and Bitcoin has solve this aspect of issues, with the security of wallets, hard ware and software wallets fraud is been reduced making both the old and the young to believe that they are saved from been scammed through BTC.
Well, you are thinking of telling to these savers to just invest their money into Bitcoin instead of saving it to banks right?
I can't blame those who wants to save their money into banks because maybe they are lacking of financial literacy thus, they grow up with a mindset of "Save all of the money into our banks".

Another one is there are some savers who can't take the risk of investing into Bitcoin. Do you expect that all of these savers can take the risk of holding an asset that goes up massively, but goes down massively? Do you expect that they will just be ok when they see their investment or in this case savings' account going down because of volatility? I don't think so. After all, there are some factors whether you will invest your money into Bitcoin, or to just let it save in banks. Those elders who are saving money into a bank can't take the risk of taking out their money from banks and put it into Bitcoin.

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February 10, 2023, 09:10:05 AM
 #20

~~~

All I'm trying to say Op is that what ever you do don't just tell people about the advantages /benefits of that thing alone try to also add the disadvantages/risk-involved to it, if they decide that they're cool with it then that's fine rather than them discovering it the hard way.

This is exactly what we should do when recommending bitcoin to someone, I see a lot of people comparing bank savings and holding bitcoins. It seems that those people are partial towards bitcoin when only talking about the benefits of bitcoin, like the huge profits it brings, and full control of the property...and they have ignored its volatility, to assert that holding bitcoin is better than saving. I am also a bitcoin investor, and I invest a lot in bitcoin, but I don't want to lie that saving is entirely useless and bitcoin is perfect. Both have pros and cons.

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..PLAY NOW..
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