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Author Topic: Bitcoin movement: my thought  (Read 470 times)
Forever101 (OP)
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August 29, 2023, 09:51:44 PM
 #1

I just thought of this, and I want you to view it from your own perspective. As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage.
Let me site another example, let's take for instance, a club announces that they  will pay their players in BTC. This news can also help people adopt BTC.
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August 29, 2023, 09:58:17 PM
 #2

All these are great advocating tips but the problem lies in bitcoin regulation by the government. Since the government is yet to fully support it this clubs will definitely be breaking rules by publicly advertising or advocating it.

R


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August 29, 2023, 10:24:38 PM
 #3

Yes, more people coming to use bitcoin can help increase demand, which in turn will lead to an increase in price, but I don't think the whales will want to go that route either, as they are so concerned about hiding their identities and their holdings.

All these are great advocating tips but the problem lies in bitcoin regulation by the government. Since the government is yet to fully support it this clubs will definitely be breaking rules by publicly advertising or advocating it.

But an advertisement on a live match won't be a bad idea, and I don't think it will be breaking any rules anyways, as there are already a few crypto-supported platforms that run ads on public space like that without undergoing some kind of sanction.

R


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August 29, 2023, 11:12:22 PM
 #4

Little intro to my context: It is a decentralized platform, it is a means of payment with very particular characteristics that make the individual have individual financial empowerment like never before, for anyone.

We can expand more on its qualities, premises and technical characteristics, but with the above it is enough to achieve adoption, I ask you, do we need more?

Now, any additional boost, as is currently the case with many brands or related companies: Exchange, restaurants, casinos and a large etc., is only an added boost for each of those brands, that is, the phrase; "use bitcoin," or "bitcoin accepted here," it is an additional hook for your services or product.

If bitcoin is promotion in a campaign like "bitcoin" without having an added service, it is a financial revolutionary movement, that has the added that any government tries to stop or prohibit that type of marketing idea, that is what makes it prohibitive in Many countries, they do not want empowerment.

The only one who has done that and has been able is called Bukele, he has used bitcoin in its essence as a financial premise for individuals and as a means of payment, hence, for now to any other country where bitcoin is allowed, for any type of advertising a product, it must have an associated service.

Anyway!. The adoption of bitcoin is a peaceful, idealistic movement, perhaps in the relevance of other historical movements that have arisen from individuals and that is where "you" as an individual develop it and sometimes depending on it you just have to be part of the process, buy, sell, hodl, trade and if you have more financial potential create ventures, e.g. such as goods and services businesses, then "You" add ads: use bitcoin here or bitcoin accepted here.

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August 29, 2023, 11:35:48 PM
 #5

I just thought of this, and I want you to view it from your own perspective. As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage. 
In many years, Bitcoin increases its adoption without advertisement at stadiums and I only see Sportsbet.io is a first, likely, cryptocurrency gambling site that advertises their gambling platforms on skirts of some clubs like Wolverhampton and others as well as in stadium and press conference.

Altcoin has Terra as a famous advertisement but that project is a scam Ponzi and collapsed in 2022.

Without advertisement at stadiums, you see Bitcoin already achieved very good adoption growth. I am positive about Bitcoin adoption even without advertisement at stadiums.

Your hope is unrealistic because Bitcoin whales self-respect their privacy and not all of them publicly reveal that they are Bitcoin whales. So requiring them to publicly sponsor for Bitcoin advertisement is unrealistic.
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August 29, 2023, 11:49:46 PM
 #6

I just thought of this, and I want you to view it from your own perspective. As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage.
Let me site another example, let's take for instance, a club announces that they  will pay their players in BTC. This news can also help people adopt BTC.
Do you think some of these have not been done?
Like I recall when some of the musicians wanted there shows paid for using bitcoin. I could recall snoop dog at a time. I had rumors of 50cent and even some basketball stars sorting out the option, at least a part of their earnings be paid in bitcoin. Surely it did trend for a while but then, away it went (@ the trend).
No doubt it pooled in some investors but still, we are where we are now.

Hence, even having bitcoin sampled on a billboard won’t change much. It’s already being done by the many casinos with football clubs sponsorship deals. The word out is how they use bitcoin in placing bets on their platform. Watford FC had it on their Jersey at a time but still, we are where we are.

There isn’t going to be any swift pace and nothing would promote bitcoin more than the bullrun so, just seat back and watch the times unfold.



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August 29, 2023, 11:59:24 PM
Last edit: August 30, 2023, 12:10:29 AM by Asuspawer09
 #7

I just thought of this, and I want you to view it from your own perspective. As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage.
Let me site another example, let's take for instance, a club announces that they  will pay their players in BTC. This news can also help people adopt BTC.

I dont think so, I dont think this is going to make a huge impact, there are only a limited amount of people that are going to get influenced but this kind of promotion but I guess it is better than not promoting at all, I know that there are some of this that already happened in the past. But it just doesnt really make a huge impact Bitcoin I guess cryptocurrency wasn't really that popular at that time.

But still, if we are going to compare the users in the past year to the cryptocurrency or Bitcoin users/investors right now there was obviously a huge difference in it, and cryptocurrency this day, in my opinion, was just huge compared to the past years where there where barely a few people that know cryptocurrency, because at this time cryptocurrency and Bitcoin are already promoted by a lot of companies and even banks where you could already buy and sell or invest cryptocurrency in banks platform which I think a really big help because a lot of users have its opportunity to invest in cryptocurrency.


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August 30, 2023, 02:04:57 AM
 #8

I just thought of this, and I want you to view it from your own perspective. As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage.
Let me site another example, let's take for instance, a club announces that they  will pay their players in BTC. This news can also help people adopt BTC.
Yes if every person uses Bitcoin massively the world will gain and rise as you expected. but, we have to not forget, that every country has rules that make Bitcoin forbidden to use, so that situation people who have Bitcoin in their wallet would find it and difficult to use it. They don't know how to invest his money into bitcoin because that country who have sponsor football league has banned bitcoin. I ever seen this situation, and hear their complaints about the situation.

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August 30, 2023, 02:21:37 AM
 #9

your thinking makes sense too, and if a lot of people do what you mean, like paying salaries using bitcoin, of course it will have a good impact on the growth of bitcoin, but the problem is that every country has different regulations and many countries prohibit using btc as a means of payment.

but in my opinion bitcoin will grow by itself even if it is not promoted.

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August 30, 2023, 02:30:29 AM
 #10

I just thought of this, and I want you to view it from your own perspective. As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage.
Let me site another example, let's take for instance, a club announces that they  will pay their players in BTC. This news can also help people adopt BTC.
I love your idea as we totally need more popularization ,
bitcoin needs all resources to be known worldwide and to force the government to finally adopting.
but all of these thing are "WHAT IF" because whales are only for their interests and that is to take our money out.
if this will be taken seriously , I think their money making machine will stop as the uses of bitcoin will serve according to its purpose , and not for holding only.
hoping that we will see some light on how you wanted it in the coming years but surely not in the nearest days.
your thinking makes sense too, and if a lot of people do what you mean, like paying salaries using bitcoin, of course it will have a good impact on the growth of bitcoin, but the problem is that every country has different regulations and many countries prohibit using btc as a means of payment.

but in my opinion bitcoin will grow by itself even if it is not promoted.
and the promotion is the best concept of what he wanted to happen , because we knew how popular whales can be and
how they can popularized bitcoin in all sources.









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August 30, 2023, 02:35:04 AM
 #11

Advertising Bitcoin and/or Bitcoin services on football leagues and the like won't have the same effect today that it would get back in the day.

Unlike probably in pre-2017 bull run, Bitcoin has now been a household name for a while now. Today, we don't need people to know the Bitcoin name — we need people to know what Bitcoin is and is for.

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August 30, 2023, 02:52:40 AM
 #12

Advertising Bitcoin and/or Bitcoin services on football leagues and the like won't have the same effect today that it would get back in the day.

Unlike probably in pre-2017 bull run, Bitcoin has now been a household name for a while now. Today, we don't need people to know the Bitcoin name — we need people to know what Bitcoin is and is for.

yes, I agree with your opinion, because the most important thing is how people know the use of bitcoin, and I think there are still very few people who know the use of bitcoin, but with the internet now many people have started to know bitcoin, because on the internet now the name bitcoin is already familiar, but there are still many people who don't know what bitcoin is for.
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August 30, 2023, 03:06:31 AM
 #13

I just thought of this, and I want you to view it from your own perspective. As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage.
Let me site another example, let's take for instance, a club announces that they  will pay their players in BTC. This news can also help people adopt BTC.
I think this can indeed trigger a spike in more new users. And yeah that's a pretty good idea when it comes to that. It's just that this may not be easy to realize due to various factors that could hinder such as government policies and so on.

But yeah, if a big club announces that they pay players in bitcoin, then as we know, there are a lot of football lovers in this world. And well many of them don't know about bitcoin. So if there is a club that announces things about bitcoin then it will spark people's curiosity and yes surely there will also be many who start to enter after learning about it out of curiosity.

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August 30, 2023, 03:59:57 AM
 #14

As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage.

I don't think that will happen. Companies, which are the most interested in doing that, are more likely to want to advertise a shitcoin than bitcoin itself, or their own company, as happened with the FTX Arena. To do so, it would have to be a billionaire who is a hardcore bitcoiner and doesn't mind spending the money on a sunk cost, probably for not much, as it wouldn't have much impact, as mk4 says:

Advertising Bitcoin and/or Bitcoin services on football leagues and the like won't have the same effect today that it would get back in the day.

Unlike probably in pre-2017 bull run, Bitcoin has now been a household name for a while now. Today, we don't need people to know the Bitcoin name — we need people to know what Bitcoin is and is for.


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August 30, 2023, 05:15:56 AM
 #15

Why would a whale advertise about Bitcoin? A whale is happy with the way he ir she manipulates the market to accumulate Bitcoin from weak hands. Bitcoin adoption is moving at a faster pace than you can think. Think in this way why suddenly there is big debate among governments of different countries about regulation. 3 years back none of them cared about regulating Bitcoin. Now all of them are trying to come up with a global consensus on regulation.
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August 30, 2023, 05:21:52 AM
 #16

I just thought of this, and I want you to view it from your own perspective. As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage.
Let me site another example, let's take for instance, a club announces that they  will pay their players in BTC. This news can also help people adopt BTC.

The big whales putting adverts on football clubs be like "Invest money in my centralized crypto project. Trust me, I won't exit scam". Grin
This sounds like meme content to me. Crypto.com is a big sponsor of sports events and I've seen their logo being placed on some football stadiums. Does this lead to mass crypto adoption? Nope...
Be honest here. You want crypto adoption mostly because you want the prices to hit the moon. You don't care about the poor bastards, who put their coins in centralized crypto scams and lose everything. Grin
True crypto adoption will come, when the newcomers stay away from big crypto companies and keep their coins in their own cold wallets.


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August 30, 2023, 05:29:55 AM
 #17

I just thought of this, and I want you to view it from your own perspective. As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage.
Let me site another example, let's take for instance, a club announces that they  will pay their players in BTC. This news can also help people adopt BTC.

Of course we all wish more people would invest in Bitcoin and use Bitcoin. Currently many people know about Bitcoin but are not accepting to invest in it,and the main reason is that there is no specific group or company to systematically sponsor it. I appreciate your suggestion, that if Bitcoin is promoted by a football club, it can also help promote Bitcoin a lot, and many people may be inclined to invest in Bitcoin. Bitcoin itself is not a company, but the big whales together can make this campaign work very well. If a football club is sponsored it can give a great message to the people and even people who don't know about Bitcoin at all will be interested in investing in Bitcoin. There are many ways to promote Bitcoin if put in the effort. A major online store mechanism to allow players to pay in bitcoin or transact in bitcoin will help promote bitcoin in all these ways and thus people will start getting interested in it with more certainty. I think, Governments' patronage will be necessary to implement all these proposals, as there are many countries where cryptocurrencies are banned.

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August 30, 2023, 07:36:23 AM
 #18

if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor  football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage. 
I've never come across a sports industry that directly promotes Bitcoin. But in Mixed Martial Arts especially in UFC (because I'm an MMA fan) I saw that there is a cryptocurrency exchange platform that is Crypto.com and a crypto project that is Vechain which has become one of their main sponsors. I think if BTC is banned due to regulations then there is no problem with cryptocurrency exchange companies promoting them to let people know about crypto including BTC.




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August 30, 2023, 08:02:01 AM
 #19

The oy thing that remain for Bitcoin as means of payment is CHOICE, and that's on it's adopters because as a decentralized digital currency, it will be hard for the government to regulate and if that doesn't happen all those payment services around the globe will choose to stay away too because they could be target by the government and it can affect their business but slow and steadiness can win this race, maybe this is the beginning, if ETFs start getting approval here and there it could mean that the law will end up allowing Bitcoin to be useful for payment and settlements around the world one day.

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August 30, 2023, 08:15:09 AM
 #20

Since the football clubs are not into cryptocurrency as a payment method and the volatile nature of bitcoin, it will make it impossible for them to pay their players in bitcoin. Moreover,since it hasn't been legally accept by the world as an alternative means of payment some countries that bitcoin is illegal will find it difficult to buy players from other leagues with bitcoin and vice versa. That is why you can see that these clubs are using the most common and valuable fiat currency which is USD for payment and for transfers. This is a nice idea OP but I believe that when the adoption increases as time passes by it might come to past.

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