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Author Topic: Did anyone saw the New Bitcoin Advertisement?  (Read 257 times)
pakhitheboss (OP)
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March 10, 2023, 02:02:06 AM
Merited by elevates (4), Darker45 (1)
 #1



Coinbase just launched a new marketing campaign on Twitter by dropping a New Bitcoin advert. It is pretty good as it highlights some of the biggest flaws of the US financial system. If you have not watched it then you can view it here

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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dzungmobile
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March 10, 2023, 03:07:32 AM
 #2

Nothing is interesting with me.

Centralized governments, centralized banks won't change. They cooperate with each other to make inflation and cause loss of purchasing power of fiat currencies [1]

Why Coinbase don't change themselves first from a centralized platform to a decentralized one?  Grin

[1] https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/

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March 10, 2023, 03:25:41 AM
 #3

I think it's pretty awesome. And while it is paid by Coinbase, it is obviously not an advertisement of Coinbase but of Bitcoin. Of course, Bitcoin doesn't cease processing transactions all over the world. It doesn't rest. It doesn't have a holiday and can't be shut down. Coinbase, of course, is the opposite.

I also think it's wise to promote Bitcoin not only by presenting Bitcoin and its revolutionary features but also by making people realize the kind of system they are currently in, particularly emphasizing that they deserve better. The ad is kind of enlightening, showing the why of Bitcoin. Some might find no reason to get into Bitcoin without being presented with how rotten the fiat system is.

But in countries like Lebanon, Argentina, Venezuela, Zimbabwe, Nigeria, and many others, even China with its funny CBDC that has an expiry date, they're the best promoters of Bitcoin.

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March 10, 2023, 03:31:59 AM
 #4

I mean it would have been better if they even once mentioned Bitcoin lol. It was a Coinbase ad not a Bitcoin ad. If it was a Bitcoin ad they would have mentioned it. I was waiting at the end for it to say something like Use Bitcoin but it just said Coinbase
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March 10, 2023, 04:01:43 AM
 #5

Technically, it wasn't really a Bitcoin advertisement, it's a Coinbase advertisement. The good thing about it is it highlights the flaws in the traditional banking system and the flaws of 3rd party payment processors. So, basically this is where cryptocurrency takes place not only Bitcoin, but crypto as a whole, and of course using their platform to make those transactions.
Nevertheless, the advertisement really made sense though, but we all know people who doesn't want to learn and correct these flaws, would never gonna switch and leave what their used to.

R


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March 10, 2023, 04:10:57 AM
 #6

Good for them for actually releasing a good ad that doesn't just straight-off shill shitcoins.


Technically, it wasn't really a Bitcoin advertisement, it's a Coinbase advertisement. The good thing about it is it highlights the flaws in the traditional banking system and the flaws of 3rd party payment processors. So, basically this is where cryptocurrency takes place not only Bitcoin, but crypto as a whole, and of course using their platform to make those transactions.
Nevertheless, the advertisement really made sense though, but we all know people who doesn't want to learn and correct these flaws, would never gonna switch and leave what their used to.
It's great though. The fact that it's a bit more subtle and the fact that they don't necessarily need to plaster Bitcoin all over people's faces.

Why Coinbase don't change themselves first from a centralized platform to a decentralized one?  Grin

Because it's a dumb decision in a business sense. Always remember that Coinbase is a US-based company.

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March 10, 2023, 04:18:03 AM
 #7

Technically, it wasn't really a Bitcoin advertisement, it's a Coinbase advertisement. The good thing about it is it highlights the flaws in the traditional banking system and the flaws of 3rd party payment processors. So, basically this is where cryptocurrency takes place not only Bitcoin, but crypto as a whole, and of course using their platform to make those transactions.
Nevertheless, the advertisement really made sense though, but we all know people who doesn't want to learn and correct these flaws, would never gonna switch and leave what their used to.
They are really focus on social advertisement these days, i mean on Facebook every short videos, and even on YouTube, they will put on an app that uses cryptocurrency, they are not directly putting bitcoin, and just saying crypto because of the backlash in the past for bitcoin because they are being use by scammers and bad guys on their scheme, so the approach is pretty much good approach as a commercial strategy.
They also show how bad the system is but, not in a very big way that will hurt the current system, what really a big advantage is crypto is that it will not take 3-5 days just to clear your money, and that might be the best pitch by coinbase that will make other bank customers eyes pop, and try how will it help, people transfer money without any hassle like in the videos that, they are stress because, the money is needed but take more time, people this days want's faster transaction, because of the fast phase, we are in.

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March 10, 2023, 05:10:04 AM
 #8

Why Coinbase don't change themselves first from a centralized platform to a decentralized one?  Grin

Because it's a dumb decision in a business sense. Always remember that Coinbase is a US-based company.
I implied it in that question!

Their video is meaningless if we think a little bit deeper.

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March 10, 2023, 05:22:50 AM
 #9

Nothing is interesting with me.

Centralized governments, centralized banks won't change. They cooperate with each other to make inflation and cause loss of purchasing power of fiat currencies [1]

Why Coinbase don't change themselves first from a centralized platform to a decentralized one?  Grin

[1] https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/
I think it is a win-win situation for both coinbase and decentralization. Exposing the problems of conventional banking will positively affect the crypto industry. Coinbase wants to attract more customers to its platform with this advert which might make them carry out business transactions on its platform. Some of these customers might also later discover the imperfections of a centralized platform like Coinbase and move to embrace decentralized wallets.

People need to be aware of these parasites called banks and that's what this advert is trying to depict. The conventional banking system is gradually drowning people slowly and most people lack the knowledge of available alternatives.

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March 10, 2023, 05:42:10 AM
 #10

I implied it in that question!

Their video is meaningless if we think a little bit deeper.

It's not though. The video is sort of them trying to convince that we need better money(implying bitcoin/crypto), hoping that people will buy/trade bitcoin/crypto through Coinbase. If anything, it's one of their best ads as far as I remember.

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March 10, 2023, 06:41:43 AM
 #11

Haven't seen it before. It may bring new people to Bitcoin, but it's kinda sad that they're gonna use exchange and most likely will keep their Bitcoin there, not everyone is gonna make full and proper research.

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March 10, 2023, 07:14:32 AM
 #12

The advertisement is well created to make people understand the need of technology. By the time went through the response for the advertisement. Some has mentioned same is the situation with Coinbase, we need to wait long for the transaction. In always the exchanges too serve same as that of the centralized system.

Earlier the spread about cryptocurrencies happened through word of mouth and slowly the exchanges have been doing it through different promotions. Though this promotion is for Coinbase, it'll make atleast few people to learn what it is all about.

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March 10, 2023, 07:29:19 AM
 #13

I laughed so hard at the "next window" part and also at the 5 business days to deliver your money. But it was not really straight forward about bitcoin or cryptocurrency; they are really promoting coinbase it's their platform, and part of this is the bitcoin. It's a fun advertisement, but it's the sad truth, and changing it is difficult because it's backed by the government, and because of its flaws, people can exploit it more mostly those powerful. 
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March 10, 2023, 07:36:35 AM
 #14

Coinbase just launched a new marketing campaign on Twitter by dropping a New Bitcoin advert. It is pretty good as it highlights some of the biggest flaws of the US financial system. If you have not watched it then you can view it here.  

There is no Bitcoin there, only Coinbase is mentioned. An exchange is NOT Bitcoin. Bitcoin is paying and being paid bitcoins, p2p wallet to wallet, no exchanges, no 3rd parties, no banks, no State, no financial system. Heck, Bitcoin doesn't ask you KYC unlike this exchange...

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March 10, 2023, 07:56:04 AM
 #15

Coinbase's marketing strategy has succeeded in attracting widespread attention to their services. It is generally known that today's payment technology leaves a lot to be desired and the biggest obstacle with Bitcoin is that it is possible to make payments without a third party. because with Bitcoin you can fully control your finances.

However for online merchants it may be a different story as it means they have to charge their customers more to cover their transaction costs. These are all problems that can be solved with blockchain-based solutions, which of course include Bitcoin and other cryptocurrencies. Let the free market decide...

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March 10, 2023, 08:00:57 AM
Last edit: March 10, 2023, 11:50:04 AM by Asuspawer09
 #16

Coinbase just launched a new marketing campaign on Twitter by dropping a New Bitcoin advert. It is pretty good as it highlights some of the biggest flaws of the US financial system. If you have not watched it then you can view it here.  

Interestingly, the advertisement was great and it seems like coinbase is talking about cryptocurrency not directly about bitcoin but still talking about shady things like fees, transactions, atm, banks, etc. which is I think a great move introducing a new system like cryptocurrency avoiding this kind of things would probably attract a lot of users to buy cryptocurrency.

It could still introduce a lot of users into cryptocurrency at least even though most of us hate coinbase and doesn't really recommend coinbase because it's still a centralized exchange, but the ads could be better if they could somehow show a glimpse of the bitcoin logo there or maybe any cryptocurrency. This was probably one of the best ads of coinbase, hopefully, coinbase could start something that could support their users when it comes to decentralization, the fact it is a centralized exchange just completely discourages a lot of users as well as high fees.

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March 10, 2023, 08:45:02 AM
 #17

Nope, then I just watched it and it seems that the video that was shown was not a Bitcoin advertisement, but the advertisement was about the concept system of coinbase, although coinbase is promoting bitcoin.

    But even so, the scene that was aired is still good because it just shows that we are in the modern technology that is the system that there is no other in this era.



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March 10, 2023, 09:03:26 AM
 #18

I think it's pretty awesome. And while it is paid by Coinbase, it is obviously not an advertisement of Coinbase but of Bitcoin.

its a coinbase advert.. there was not one single mention of bitcoin
coinbase services stable coins and altcoins aswell as bitcoin. so people entering coinbase will end up moving stable coins to other users for payments, because the advert does not teach them anything about crypto at all. its just saying a better system for peoples "money". thus keeping people in the same mindset of just a better way to store/move fiat(stablecoins)


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March 10, 2023, 10:18:46 AM
Last edit: May 17, 2023, 06:30:52 PM by jayce
 #19

As most of you guys noticed that it's not a specifically bitcoin ads, yeah that's not really about bitcoin. I'd rather call a crypto gambling casino ads as the real advertisement about bitcoin, because they really show bitcoin logo on it and ask people to use bitcoin, like what Sportsbet.io, Stake, and Duelbits are doing in Premier League by sponsoring the teams there. Of course gambling is not good for everyone, but it has clear message for everyone to know more about bitcoin and use it.


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March 10, 2023, 10:56:26 AM
 #20

Of course gambling is not good for everyone, but it has clear message for everyone to know more about bitcoin and use it.



https://www.jefebet.com/wp-content/uploads/2023/01/AP23011740868417-1024x683.jpg
Gambling is not good for everyone but you should emphasize that Bitcoin is not good for everyone.

People must gambling responsibly so as investing in Bitcoin or Trading Bitcoin responsibly. Nothing can satisfy everyone and Bitcoin can not serve everyone and help them to be richer. It has many use cases and people can use Bitcoin without need to be richer. They can use it as daily payment method that has mostly no financial gain purpose.

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