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Author Topic: My ideals on how to promote Bitcoin in my locality  (Read 473 times)
HajiBagi
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February 11, 2023, 12:37:55 PM
 #41

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.

Yeah, I agree with you there mate, it's hard to get people in local areas to understand bitcoin, especially the illiterate, because many of the people who leave the locality area are illiterate and have no real knowledge of technology or things like investing, and religious leaders of the mosque or church, they can't force people or advise them to invest in bitcoin because when they need financial assistance and the market crashes, it can cause a lot of problems between the area and the religious leaders.

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February 11, 2023, 02:06:25 PM
 #42

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.

You are absolutely right. Promoting investment in any trade-able asset including Bitcoin can be problematic for the people who are not well-informed & don't understand the risk involved with it due to its volatile nature which can lead to loss of their life time savings. It is important for anyone promoting investment in crypto currencies to provide them comprehensive information so that they can make informed decisions.









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February 11, 2023, 02:26:35 PM
 #43

I have read through each members thoughts, and suggestions regarding this ideas, I really appreciate, the religious leaders which am specifically referring to are those which are already aware of the currency Bitcoin, and they are not to advice there members on when to invest and when not to invest in Bitcoin but they are just letting them know of Bitcoin existence both advantages and disadvantages putting into consideration.  it's now left for the followers/members to decide wither or not the risk is worth taken
have seen a similar video on YouTube video
were Christian Religious leader was emphasizing about Bitcoin.
If it was about providing information about the whereabouts of bitcoin, religious leaders could do it to people who come to church or mosque. After all, the religious leaders don't insist that their congregations follow what they are doing and invite them to learn more about bitcoin.

That's what people who know about bitcoin and want to introduce bitcoin to others should do. They can explain what bitcoin is and how to use it, but for other things, like when people can start investing, it's up to each person.
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February 11, 2023, 03:10:33 PM
 #44

It's not enough just to promote bitcoin, you need to teach them the basics of bitcoin, if you just want to tell people that bitcoin exists on earth and that's it, there are better ways to promote it. What I'm thinking is, if churches spread bitcoin and people invest in bitcoin and lose, what will they think of that religion. I would oppose this idea.

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February 11, 2023, 03:53:29 PM
 #45

I have read through each members thoughts, and suggestions regarding this ideas, I really appreciate, the religious leaders which am specifically referring to are those which are already aware of the currency Bitcoin, and they are not to advice there members on when to invest and when not to invest in Bitcoin but they are just letting them know of Bitcoin existence both advantages and disadvantages putting into consideration.  it's now left for the followers/members to decide wither or not the risk is worth taken
have seen a similar video on YouTube video
were Christian Religious leader was emphasizing about Bitcoin.

The video you referred to does not emphasis on bitcoin instead it's a general cryptocurrency and especially Metaverse. The caption is also mentioning another coin besides bitcoin.

Pretty much it is preaching, which is not an ideal goal. If you truly want to promote bitcoin, then simply talk about the direct utilization or benefit of Bitcoin within your communities. Contrasted to the video example which has a hidden narrative of persuading crypto investment, guiding people to discover learning resources or materials of bitcoin are way more beneficial compared to that kind of method as in the video.
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February 11, 2023, 04:29:51 PM
Merited by Dakcrypto (1)
 #46

What I'm thinking is, if churches spread bitcoin and people invest in bitcoin and lose, what will they think of that religion. I would oppose this idea.
According to the OP, the church or any religious leaders are not going to persuade their congregation to invest in Bitcoin or any other crypto; rather, the religious leaders are creating awareness of the crypto, allowing their followers to have the knowledge if possible, teaching them the fundamentals, the risks involved, and what they stand to gain, and at the same time making everyone know that the risk is higher than what they can achieve, but the existence of the currency is real. So it's left for the members to make their own decisions on what step to take. If they are to engage and make massive incomes, they will be excited, but if it falls to their disadvantage, most of them will blame the person who gave them the information. That's just human nature.
 

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February 11, 2023, 06:00:05 PM
 #47

I've seen examples of Bitcoin events being held at churches, kind of like an educational thing. I've also seen someone clear out the matter of Bitcoin being okay in Islam. I know many people here aren't religious, and I don't consider myself religious either, but a huge part of the world is covered by major religions like Islam and Christianity, so pro-Bitcoin positions of religious leaders and Bitcoin education in churches and mosques could actually make a big difference in terms of adoption. As long as it's not preached to be a gift of God (because this way many will be disappointed when Bitcoin loses value and many might be outraged by such radical claims), I think it's a good thought.

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February 11, 2023, 06:31:49 PM
 #48

I don't think with religious leader as great role model for promoting about Bitcoin but also many kinds or person have potential promoting Bitcoin and get enthusiast respond from your citizen. No doubt with religious person or leader because they have many follower and will allow what his recommended for investing in Bitcoin or not.

Honestly, your country Nigerian have good respond and many people excited with investing in Bitcoin, actually I got information about your money withdrawal in the bank has limit. Adopting Bitcoin and keep promote it will give freedom about your assets or your money controlling by your self without having any third party like the Bank.

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February 11, 2023, 06:56:07 PM
 #49

It would be good if religious leaders support Bitcoin. But why will they do it is the bigger question. I don't think that would be easy. Since bitcoin is a very volatile cryptocurrency, investors could lose money. So who will bear the blame for such a loss? Religious leaders endorsing Bitcoin may also bring up moral and legal issues, such as whether they should be involved in promoting financial investments and the possibility of conflicts of interest. As a result, I don't think this is a good idea and it won't happen.

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February 11, 2023, 07:04:45 PM
 #50

The idea of the religious leader enlightening their followers about Bitcoin will make some of their followers trust and believe in Bitcoin. However, religion was not about enlightening people about BTC and I also believe most religious leaders cant be aware of the concept of Bitcoin until some of their followers introduce them to it. Meanwhile, I have once seen a church that accepts offerings and tithes in BTC I don't remember where I watch the video.
Spreading the word of bitcoin through the religious leaders will surely help with effective reach among the common people. As you've mentioned the core purpose of the religious leaders were not to spread the word of bitcoin. Even without such spread it is possible to see good level of cryptocurrency usage and acceptance within Nigeria. These days it is not possible to see religious leaders who are very loyal.
The world has mixed with the religious setting and the religious setting has mixed with the world. Hatred, hostility, and division in the world have affected the attitude of the religious leader that's why it's hard to see religious leaders who are very loyal. However, Bitcoin is the only common thing is bridge the gap in religion, race, etc.
If the religious leader could embrace Bitcoin it will be good maybe we could see Bitcoin bridging the same gap in the religious setting.

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February 11, 2023, 08:32:17 PM
 #51

Religions should not be connected to any currency, their practice is not to teach about currency but its more on their religious belief and in my country, they will not go down into this level especially we are a catholic country where we focus in God’s word. Their influence to other people should not be take advantage by any currency, this is not a good way to spread awareness about Bitcoin.

Religious leaders are still human and have a need for financial sustenance and most of them can find Bitcoin as one of the aids on this need.  Preachers, priests, pastors and other religious groups can find Bitcoin interesting especially if a person explained Bitcoin well making them understand its potential.  I find it not wrong to involved religious group in propagating Bitcoin.  Even though they are dealing with the spiritual side, they are still human and have human followers that have needs for material stuff in order to maintain their living and operation of the religion.

The best way to promote is to spread knowledge about it without forcing anyone to adopt or participate, you can conduct a seminar or live streaming but again, don’t force anyone and just share your thoughts about Bitcoin.

Discussing and explaining the potential of Bitcoin is not forcing anyone to join the crypto economy.  It is only giving them information about the opportunities, potential, and current technology trend that can help them and their followers alleviate their standard of living whether on the currency transaction area or in the possible financing area because of the stated opportunities that come with adopting Bitcoin.

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February 11, 2023, 08:46:25 PM
 #52

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.
Before going any further, I want to ask whether the religious leaders in that country welcome Bitcoin and support it. because in my country it is not, in fact some even consider that Bitcoin and cryptocurrencies are haram for various reasons. What's more, religious activities in certain places may only focus on matters related to religion, or maybe social, but if you deliberately spread and influence people to be aware of and use Bitcoin, I don't think it's unethical and inappropriate. Maybe conditions are different in your country?

We really understand that we want to make many more people know and use Bitcoin, but we also need to understand how we can tell them. Because I think that it is too risky for the leaders to explain and influence people to join Bitcoin, moreover if they actually don't really understand but they are only following their leaders, it will be too risky. Sometimes, they may feel that they have spent the money but their assets are decreased because the price is volatile. This will lead them to some issues. This will be too risky also to lead many people to certain businesses by religious leaders.

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February 11, 2023, 09:30:57 PM
 #53

It would be good if religious leaders support Bitcoin. But why will they do it is the bigger question. I don't think that would be easy. Since bitcoin is a very volatile cryptocurrency, investors could lose money. So who will bear the blame for such a loss? Religious leaders endorsing Bitcoin may also bring up moral and legal issues, such as whether they should be involved in promoting financial investments and the possibility of conflicts of interest. As a result, I don't think this is a good idea and it won't happen.
^For people who did not understand, it could be criticized.
They will think that this is a form of gambling though it is an investment form for a proper explanation. Religious groups always hate gambling because it is a sin in their eyes and probably the reason this was not unlikely heard by religious leaders.
There are too many ways to promote BTC but I think it is not ideal for the church or any religious group. However, mentioning BTC could be fine and it is up to them if they will have further research on it, at least you spread awareness to them.
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February 12, 2023, 08:49:54 PM
Merited by fillippone (2)
 #54

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.

Trust me, promoting Bitcoin with an approach through religion in my opinion is not a good idea bro.
Because I think it will cause a lot of confusion and debate for sure.
Because religion is more sacred and involves belief in God.
Maybe it's not even introducing Bitcoin well but actually worsening the image of Bitcoin itself and your personal name.

Because it is not certain that religious leaders can accept views on Bitcoin, because Bitcoin is a newly discovered digital financial innovation.
Because basically religion is a role model for someone to live based on a holy book of each religion.
In any religious scripture, Bitcoin will definitely not be included in the discussion in the book.
Religious leaders certainly want to focus more on teaching real goodness based on their scriptures, rather than introducing a risky financial advice.

I think you better make your second view as a way of promoting Bitcoin.
Because it is clear that one of the other ways is in line with economic financial advice.
Introducing financial independence that is not bound and dependent on politics and government which sometimes harms us.

Your ideals or hopes for introducing Bitcoin are indeed good.
But I think before introducing or promoting Bitcoin to your area.
It's better to try to introduce him to your friends or people closest to you first.
If it works maybe little by little the people in your area will pay attention to you.
You should have a lot of knowledge and material provision, good and clear.
And really want to set up your time to assist those who are interested.

I saw several threads about some people introducing Bitcoin in your country.
Maybe you can ask them for advice on how and what to prepare.
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February 12, 2023, 08:59:27 PM
 #55

The idea of the religious leader enlightening their followers about Bitcoin will make some of their followers trust and believe in Bitcoin. However, religion was not about enlightening people about BTC and I also believe most religious leaders cant be aware of the concept of Bitcoin until some of their followers introduce them to it. Meanwhile, I have once seen a church that accepts offerings and tithes in BTC I don't remember where I watch the video.
That could be true, as they always look up to their leaders and easily influenced by them. But believing in such things that they don’t even know will only lead to failure and losses in the end. So I don’t think it will be an effective strategy to promote bitcoin, aside from churches should never be involved in any people’s own desires to promote something that is not related to the church. Yes, it could be helpful but in a wrong way.

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February 12, 2023, 09:33:34 PM
Merited by fillippone (2), skarais (1)
 #56

That could be true, as they always look up to their leaders and easily influenced by them. But believing in such things that they don’t even know will only lead to failure and losses in the end. So I don’t think it will be an effective strategy to promote bitcoin, aside from churches should never be involved in any people’s own desires to promote something that is not related to the church. Yes, it could be helpful but in a wrong way.
In a way, religious leaders can influence someone's interest in something good, but somehow I'm not sure they would be a positive bitcoin influencer in any given place. Regardless of their religion, I don't think it's a good idea to expect them to become bitcoin influencers. In fact I can say that I rarely get our religious leaders to talk about bitcoin, but that doesn't mean they hate bitcoin even though I also caught them discussing the legal issues of its use.

I also tend to think that it is ineffective, but much better when the government backs it up with legality where big influence can be expected. In Nigeria or elsewhere I think it will be the same, and I really think that even small amount of support will have an impact on bitcoin and people's trust in it.

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February 12, 2023, 09:37:23 PM
 #57

It would be good if religious leaders support Bitcoin. But why will they do it is the bigger question. I don't think that would be easy. Since bitcoin is a very volatile cryptocurrency, investors could lose money. So who will bear the blame for such a loss? Religious leaders endorsing Bitcoin may also bring up moral and legal issues, such as whether they should be involved in promoting financial investments and the possibility of conflicts of interest. As a result, I don't think this is a good idea and it won't happen.
Of course, if religious leaders make positive statements about Bitcoin, society will be easy to accept Bitcoin. However, we cannot force them to make positive statements or obviously support Bitcoin, they have their own perception of Bitcoin. As far as I know, there are many religious leaders who don't support Bitcoin because they assume Bitcoin potentially loses people's money. We cannot deny that Bitcoin is very volatile and unpredictable, so people who invest in Bitcoin with a lack of knowledge will have a big chance to lose money. Well, it is a bit complicated when we are talking about the opportunity to lose or win with Bitcoin investment, it purely depends on the individual (the investor/ the person).


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February 12, 2023, 10:40:12 PM
 #58

As far as I know, there are many religious leaders who don't support Bitcoin because they assume Bitcoin potentially loses people's money. We cannot deny that Bitcoin is very volatile and unpredictable, so people who invest in Bitcoin with a lack of knowledge will have a big chance to lose money. Well, it is a bit complicated when we are talking about the opportunity to lose or win with Bitcoin investment, it purely depends on the individual (the investor/ the person).
They do not support bitcoin as legal tender because it is not physical, speculative, and also has no government legal force. While the majority of users believe it is legal as long as both parties agree to payment even though the price fluctuates a lot. I also don't believe religious leaders are the right people to promote bitcoin, while I support that users, exchanges, and government regulations have supported a more positive movement on bitcoin and its adoption.

Just like other investment assets, losses and gains are risk even though bitcoin is known to be a highly volatile asset compared to others.

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Dakcrypto (OP)
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February 13, 2023, 01:33:29 PM
 #59

Just like other investment assets, losses and gains are risk even though bitcoin is known to be a highly volatile asset compared to others.

It is a topic to be deliberated on which means every individuals ideas is regarded useful, Keep in mind that is my thoughts which I wish to make use of, but with the ideas and information I wish to make use of your advices and do better in the implementation when time is due. 
GeorgeJohn
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February 13, 2023, 01:52:50 PM
 #60

We have different tactics we can promote bitcoin in our geographical environment, the simple way to canvas people into bitcoin in a rural areas and especially in Africa countries is to get items mostly food items and gather people and dispense it to them, and inform them that you got the funds through Bitcoin investment, many people who dislike Bitcoin will like Bitcoin and also began to campaign or say more positive things concerning Bitcoin. So we have different dimensions we can promote the technology of Bitcoin in different localities.

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