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Author Topic: How Can We Make Bitcoin Mainstream?  (Read 4748 times)
JaredStein
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November 13, 2014, 10:01:35 PM
 #21

I think that we need to do a lot to make Bitcoin mainstream but it will eventually happen and it is not to long away. With the adoption of Bitcoin by new people everyday and it has already hit the eyes of the government and banks, it is only a matter of time till they see that this is something that is not going to be stopped and they need to hitch a ride. In my opinion once the banks start to accept it as a normal currency then it will become something that everyone buys and uses. Just wait it out and it will happen.



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November 13, 2014, 10:07:19 PM
 #22

Bitcoins are the ways to prevent Illuminati.

Funny Or Die? ft. Bitcoins and Zach.
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November 13, 2014, 10:11:03 PM
 #23

Bitcoins are the ways to prevent Illuminati.

Unless bitcoin was created by the Illuminati and the NSA. Then we're basically hyping and supporting the devil.

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November 14, 2014, 12:33:53 AM
 #24

use it, ask for it, create a demand

Pretty much this. We can't make bitcoin mainstream any other way other than using it and promoting it. The mainstream will hopefully catch on eventually.

Make sure anytime you buy something from a company using Bitcoin, that their competitor knows.

Can someone in NYC go make a presentation to this group please?

http://www.nycfoodtrucks.org/

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November 14, 2014, 04:08:43 PM
 #25

Bitcoins are the ways to prevent Illuminati.

Unless bitcoin was created by the Illuminati and the NSA. Then we're basically hyping and supporting the devil.

Bitcoin's government still own a bunch of Bitcoins but they may sell them before the price goes up if they get a judge to forfeit them the coins.
Private American citizens probably have most the coins in circulation so Bitcoin will help  the States when the Dollar will fall.

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November 14, 2014, 04:36:12 PM
 #26

How can we make it mains? Tell your mum and your gran about it  Grin. Spread the word and keep promoting it to people and businesses and it'll soon get adopted by the general public and the masses.
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November 14, 2014, 06:47:38 PM
 #27

Insight on technology adoption...

http://www.slideshare.net/louadi/07-technology-adoption-life-cycle-2014

and..

http://www.lenvlahos.com/wp-content/uploads/2013/06/AdoptionCurve-crop.jpg


I'm not sure we're even into the "early adopter" phase yet really.

Thinking of all the tech I've witnessed adoption of over the last 3 decades, what comes closest to bitcoin, seems to me to be MP3s, and forget napster and iTunes for a moment, they are not the be-all and end-all of MP3 history....

I can't find particularly good references for this, going on what I remember. Geeks invented mp3 compression of audio circa 1995ish and saw that it was good. Storage and bandwidth was highly expensive, or less obtanium, and MP3s allowed a somewhere around twentyfold reduction in time required to download or space required to store audio. At first it was almost a pure geek thing, you had to find a player, spend hours on slowass Pentium MMX or so CPUs ripping and converting, or use search-foo skills on the internet (no google yet) to find any. Then as geeks found out how "good" this format was in terms of being able to put hundreds of songs on a HDD and have them play instantly, in whatever order you wanted, and not having to mess about with a stack of CDs, word began to spread and the more hip tech aware people were into this too.

Now the music industry were the incumbents here, the proverbial 800lb gorilla, and they were fully invested in physical media. By '97 or '98 the geeks and hip to tech were petitioning them, "Look how great this shit is, sell your stuff like this." and got a big fat "No way in hell, and by the way stop stealing our shit, we'll sue you if you so much as back up your own CDs." in return, no acknowlegment even that at the time it was equivalent to personal use mix tapes or anything, they just flat out denied the tech and started working to get it banned completely. By this time, the format was really starting to gain traction and a handful of the first hardware mp3 players were produced, I think that newly available cheaper lower power flash memory synergized with this, but it was doable, so it was done.

This is about where we've got to with bitcoin I think, banks are saying "No way, no how, should be illegal" and we've got the first crop of hardware wallets appearing whereas in the past you had to have a specialist program on your computer.

AFTER the above, the filesharing movement took off, practically in response to and in direct defiance of music industry stance on MP3s, it was a case of "Well fuck you then, we'll get them another way, we'll distribute them ourselves" piracy had always been around,, but now it was a more mainstream endeavor, there was a better value product than the music industry was offering, you could do more with it, it was more portable, you could transfer it faster. Here entereth Napster, who industrialised file sharing. Then the music industry began to fight seriously, they were not going to stand for this upstart. Napster was taken down finally, but 3 more filesharing systems had sprung up in the meantime, along with the decentralised bittorrent gaining popularity. Finally they began getting a clue that this might be a fight that they would have to give ground on somewhere... this laid the ground for the partnership with Apple and iTunes, (Others were Zune etc)

Anyway, in terms of how that analogy to bitcoin works, I think we are still pre-Napster right now, we've got that fight to come, then when we win that, the real mass adoption "iTunes" phase.



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November 14, 2014, 06:49:31 PM
 #28

By using it the way it was meant I guess, to buy stuff, and also request from our stores that we want to use it to buy stuff!

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November 14, 2014, 09:08:53 PM
 #29

How can we make it mains? Tell your mum and your gran about it  Grin. Spread the word and keep promoting it to people and businesses and it'll soon get adopted by the general public and the masses.

Telling your kids, nephews and grand children will work better Wink

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November 15, 2014, 08:38:47 AM
 #30

I think the best think is to keep on taking on small, innovative projects that fill the tech and knowledge gaps. Keep up the good work everyone Smiley!
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November 15, 2014, 08:51:27 AM
 #31

All of the writing seems to be on the wall.

Bitcoin now has PayPal integration and dedicated global banking to go along with its natty logo. Regulators are taking notice of it, and noted retailers are accepting it.



paypal can do the job for us if they can bothered to add bitcoin to customer wallets, after they do that its "mainstream", we are done, case closed.
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November 15, 2014, 12:11:25 PM
 #32

End the IMF and Federal reserve!

Some people are so poor ALL they have is money
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November 15, 2014, 01:02:04 PM
 #33

All of the writing seems to be on the wall.

Bitcoin now has PayPal integration and dedicated global banking to go along with its natty logo. Regulators are taking notice of it, and noted retailers are accepting it.



paypal can do the job for us if they can bothered to add bitcoin to customer wallets, after they do that its "mainstream", we are done, case closed.

Bitcoin would only be used by merchants who would find it worthwhile to accept the currency, they would not be obliged to accept it, hence the currency might not become mainstream. Same thing would happen if Amazon were to accept bitcoin payments. Only merchants willing to take it as payment would accept it, not everyone.
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November 15, 2014, 08:30:07 PM
 #34

All of the writing seems to be on the wall.

Bitcoin now has PayPal integration and dedicated global banking to go along with its natty logo. Regulators are taking notice of it, and noted retailers are accepting it.



paypal can do the job for us if they can bothered to add bitcoin to customer wallets, after they do that its "mainstream", we are done, case closed.

Bitcoin would only be used by merchants who would find it worthwhile to accept the currency, they would not be obliged to accept it, hence the currency might not become mainstream. Same thing would happen if Amazon were to accept bitcoin payments. Only merchants willing to take it as payment would accept it, not everyone.

Customers cannot reverse payments which is a great functionality for merchants. Transactions are cheap and fast, you get to really own your money.

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November 16, 2014, 05:48:59 AM
 #35

get more people use it and create a market
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November 17, 2014, 11:00:34 PM
 #36

All of the writing seems to be on the wall.

Bitcoin now has PayPal integration and dedicated global banking to go along with its natty logo. Regulators are taking notice of it, and noted retailers are accepting it.

If you think bitcoin is mainstream, though, think again. According to an analysis earlier this year, there were only 1.2 million bitcoin addresses holding anything other than dust as of February.

In the meantime, many people are still blissfully unaware of bitcoin. "We still have a very long way to go in absolute terms," he suggested.

Promotion is required, there are many things that can be done.  Perhaps someone could write a really good "guide to bitcoin" ebook, although I think less emphasis should be placed on the mining aspect.  Existing material moves too quickly into the technical details, most people wouldn't know whether their Bank use Windows or Solaris for their infrastructure, it is likely that an explanation of the differences between SHA and Scrypt would be uninteresting and confusing to most.  Consumers want to know what the technology can do for them, not how it works.  This can be seen with mobile phones, the average consumer wouldn't know how they work on the inside, and don't want to know.  All they are interested in are features and benefits.
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November 17, 2014, 11:16:36 PM
 #37

use it, ask for it, create a demand

its banking without the banks

it will do what email did to the post office,

the post office is now mainly parcel delivery not information delivery


Both absolutely correct, I've written a concept that does the above, please check out my BackBit thread!

I feel like I'm hitting my head on a brick wall here  Grin

https://bitcointalk.org/index.php?topic=860868.0

https://twitter.com/MilkmanHero (https://twitter.com/MilkmanHero) - http://www.backbit.co.uk (http://www.backbit.co.uk)
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November 24, 2014, 08:18:47 PM
 #38

use it, ask for it, create a demand

agree..!! awareness is needed to help it become mainstream!!! Hope it becomes mainstream soon! I'd love to use my BTC to buy some beers n burgers Smiley

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November 24, 2014, 08:26:51 PM
 #39

get more people use it and create a market

Simple answer really. For it to go mainstream the mainstream needs to use it. It'll come eventually be adoption will be slow for a while at least.
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November 24, 2014, 08:32:01 PM
 #40

1st, end PoW mining. Because mainstream doesn't like being charged a 10% tax on their entire Bitcoin holding every year.

What is PoW mining?
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