Bitcoin’s future depends on public acceptance

[QuestionAuthority]

A cryptocurrency's worth is:

50% Technology (solid, long lasting)
50% Public acceptance (merchant adoption, network effect)

The rest is just shitty gimmicks.

Ooh, don't discount the value of shitty gimmicks!

[tzortz]

It needs more time.

It will widely get accepted soon.

[fabiola!]

It needs more time.

It will widely get accepted soon.

I hope it does.
But I think until it goes up significantly, people will still disregard it as a potential flop or whatever. Non-early adopters and wet blankets everywhere, sadly.

[ErnieBall]

Yes..

It needs more time.

It will widely get accepted soon.

How much more time are you talking about?

[Hufflepuff]

Yes..

It needs more time.

It will widely get accepted soon.

How much more time are you talking about?

There's probably not too many people that can answer that question, but Paypal has plans to accept bitcoin in the near future. It's likely that more businesses will continue this trend of accepting bitcoin. Acceptance is spreading.

[drugs]

Yes..

It needs more time.

It will widely get accepted soon.

How much more time are you talking about?

There's probably not too many people that can answer that question, but Paypal has plans to accept bitcoin in the near future. It's likely that more businesses will continue this trend of accepting bitcoin. Acceptance is spreading.

Have PP actually definitlye laid out their plans to accept it or the time frame? The mentions they've given it so far seem kinda ominious and I haven't seen anything concrete from them at all.

[Hufflepuff]

Yes..

It needs more time.

It will widely get accepted soon.

How much more time are you talking about?

There's probably not too many people that can answer that question, but Paypal has plans to accept bitcoin in the near future. It's likely that more businesses will continue this trend of accepting bitcoin. Acceptance is spreading.

Have PP actually definitlye laid out their plans to accept it or the time frame? The mentions they've given it so far seem kinda ominious and I haven't seen anything concrete from them at all.

They have now
https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230

[snappa4ever]

Yes..

It needs more time.

It will widely get accepted soon.

How much more time are you talking about?

Bitcoin adoption is growing at an increasing rate of speed. This is being fueled by greater merchant adoption, which is fueling even more consumer adoption. It is a positive feedback loop.

Over time this will cause the amount of TX fees to increase (to enable bitcoin to have long term success) and will cause the price of bitcoin to increase

[naztykoyn]

Public acceptance is a must for a certain product to succeed. Not just bitcoin, but everything within it.

[King Agamemnon]

Yes..

It needs more time.

It will widely get accepted soon.

How much more time are you talking about?

Maybe 10 years? Need a strategy to make bitcoin reach each and everyone in the world.

[philiveyjr]

Yes..

It needs more time.

It will widely get accepted soon.

How much more time are you talking about?

Maybe 10 years? Need a strategy to make bitcoin reach each and everyone in the world.

Id say lesser time than that...! Probably around 5 years.!

[philiveyjr]

Apparently there r courses on BTC in some of the Top Universities.!! THE WORD IS SPREADING!!