Topic: Bitcoin Adoption - Climate Change - Internet Access - page 3. (Read 404 times)

Except one is a problem of the nature while the other is a problem of human greed. With or without the Internet access, Bitcoin full adoption will just never be a reality. At least not for this generation. We cannot fully adopt a decentralized currency in a centralized economy and governance.

Third parties were exactly what Bitcoin was supposed to eliminate. Third party SMS wallet providers are really just unnecessary - if we're about to go the third-party way, we don't need Bitcoin anymore then I guess.

I do not think Bitcoin will ever be a good candidate for fiat replacement. It will either become a store of value or some rebel's currency - although I believe the rebel one will be XMR. The most important thing is that we now have a currency that does not have any central power, is transparent, is theoretically foolproof and functions just flawlessly. Until we figure out how or if we can transfer all of this from the digital world to the real one as well, Bitcoin fulfills its purpose right here through its existence.

Climate change is inevitable.It's too late to take any actions that would reverse the process of global warming.
Integrating third party solutions,which are centralized,just for the sake of boosting global Bitcoin adoption will change the concept of Bitcoin and turn it into a crypto version of the centralized currencies.
Crypto mining kinda help for pollution and global warming,because miners in China are using electricity produced by burning coal,which means that crypto mining is still part of the problem,not part of the solution.

Internet usage is 59% according to Statista's data as of July 2020. Even if that figure becomes 100% one day, I doubt that will guarantee bitcoin adoption. It is hard to achieve when we look at how wired people are to centralized services and the convenience they provide. Even if we try to educate people about decentralization, only a small percentage will be interested. Let's take a look at how many people are into bitcoin. How many of them are using custodial wallets like Coinbase and how many of them are trading on centralized exchanges? When you see how new users today are looking at btc as an investment rather than a decentralized currency, where they can transfer anywhere without restrictions, how will adoption happen?

If you think about it, full bitcoin adoption has some similarities with the global campaign against climate change. To slow down climate change, we need to significantly cut down on our use of fossil fuel and start relying on safe and renewable resources. To fix the flaws and imbalance created by the centralized financial system, we need to start adopting a decentralized currency--Bitcoin. We need to deal with our dependence on fiat currency to improve our financial system just as we need to deal with our dependence on oil to fix our climate problems.  

Just as educating people about climate change isn't enough to save the planet, it's apparent that educating people about bitcoin isn't enough to push for full adoption. No matter how knowledgeable people become of Bitcoin, full adoption won’t be possible if we can’t figure out an efficient way to access and use bitcoin outside the Internet. Only 57% of the world’s population has internet access, and a large portion of those with internet access suffer from a poor connection. That part has to be fixed first.

Some suggested creating a system that allows sending Bitcoin through the use of a third party SMS wallet provider or broadcasting Blockchain data over DVB-T, but how sure are we that those can promote unlimited access to digital currency? And how about those who don't have access to digital devices? I'm guessing we won't be able to completely get rid of fiat currency even if crypto supersedes it. I'm patient and hopeful though. Please let me know if there are new technologies made to address this issue. I'd love to learn about them so I can include them in the information I'm sharing others about Bitcoin. ;-)