Bitcoin movement: my thought | Bitcointalksearch.org

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Quote from: Forever101 on August 29, 2023, 05:51:44 PM

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.

This is a good suggestion but it's a high cost form of advert if ever. And any regular bitcoin investor cannot afford the expenses, but only for those who have good amount of bitcoin in their portfolio. And I think it has already been done by some of the Bitcoin enthusiasts before but still the promotion until today is still far to reality.

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Quote from: Forever101 on August 29, 2023, 05:51:44 PM

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 massive adoption of bitcoin, if i understand clearly, is what you're advocating for.

The truth is, it is a collective reponsibility, trust me, people from all works of life in different time zones that currently exist in the space are doing their very best in the advertising and promotion of blockchain technology, which is the technology behind the innovation, and crypto, which is what bitcoin is. You just have to do you wherever you find yourself.

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I think there are already some crypto / blockchain related business that advertised on more mainstream media like sports sponsorship. But if you want to be more specific, something like Put Bitcoin on mainstream advertisement directly, then it's highly unlikely, since Bitcoin does not have a central entity that are willing to advertise that, so no one is directly benefiting from bitcoin advertisement, even the whale think it's not worth.

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Quote from: Strongkored on September 01, 2023, 06:04:15 AM

Bitcoin is quite well known throughout the world, even in countries that still prohibit its use, but unfortunately, more people consider Bitcoin as an investment asset rather than currency,

But what's wrong with people considering bitcoin as an investment? Don't you consider it an investment?

Quote from: Strongkored on September 01, 2023, 06:04:15 AM

so when there is a company that advertises about Bitcoin at the stadium, they will introduce more about the company than about what are Bitcoins.

We all always prioritize our own interests. Those companies aren't the creators of bitcoin either, and what benefit would they gain by spending money just to promote bitcoin without focusing on promoting themselves? I don't see anything wrong because if we were in their position, we would do the same thing. We constantly criticize others, but what have we done for bitcoin, or are we doing it for our own benefit?

Quote from: Strongkored on September 01, 2023, 06:04:15 AM

Meanwhile, regarding the use of Bitcoin as for salary payments or so on, that should be developed so that gradually the goal of making Bitcoin a digital currency will be achieved and not just as an investment asset or exchange trading currency that provides benefits because of its very agile price movements.

Apart from the legal issue, the use of bitcoin to pay employees. You also need to ask people if they are willing to accept their salary in bitcoin instead of fiat. Because not everyone likes its volatility. As we often say, don't force others when they don't like bitcoin.

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Quote from: Forever101 on August 29, 2023, 05:51:44 PM

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.

Bitcoin is quite well known throughout the world, even in countries that still prohibit its use, but unfortunately, more people consider Bitcoin as an investment asset rather than currency, so when there is a company that advertises about Bitcoin at the stadium, they will introduce more about the company than about what are Bitcoins.
Meanwhile, regarding the use of Bitcoin as for salary payments or so on, that should be developed so that gradually the goal of making Bitcoin a digital currency will be achieved and not just as an investment asset or exchange trading currency that provides benefits because of its very agile price movements.

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Quote from: Forever101 on August 29, 2023, 05:51:44 PM

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.

If you have huge amount of bitcoin in your account, and you’re willing to give away some of it, then you’re good to go. Just know that if you’re trying to make an advert with the help of famous league, the result or impact would be highly exceptional but their fees are very expensive as well. That’s the reason why even a lot would aim for bitcoin global adoption easier and faster, the process is very hard and demands a huge amount of budget.

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Quote from: Forever101 on August 29, 2023, 05:51:44 PM

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 don't really think we should do high advertising about Bitcoin because it is not a product from a company that is looking for buyers, and I don't see it as a company that needs much advertising everywhere before it continues to be succeeding, Bitcoin is digital currency which was created for as alternative to fiat currency. So I don't think it need that type of advertisement. I believe a lot of people are aware of the existence of Bitcoin at this point, but the main problem is that they are too lazy to do their own research and find out if it is something worth adopted,It is not that Bitcoin is not popular; it is so popular that on almost every social media site you find news about it or people discussing its price.

It is not that people are not adopting Bitcoin, but the truth is that the rate of adoption is not increasing as we were expecting, and all this has to do with government issues with Bitcoin. As we all know, many countries have not legalized Bitcoin, and even those people who want to adopt or volunteer themselves and raise awareness of Bitcoin are scared of the punishment they will face for going against the law of their country.

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Quote from: LogitechMouse on September 01, 2023, 02:35:34 AM

No need IMO.

Whenever you hear the word cryptocurrency, what's the first thing that comes up to your mind? Isn't it Bitcoin? When somebody searches cryptocurrency in Google, what's the first thing that comes up? Isn't it Bitcoin? Why the need to advertise it in various sports events when it already is becoming more and more popular as years pass by.

I understand that there are some altcoins that are being promoted in different sports events like the Crypto.com Arena, the old FTX Arena from the Heat, Crypto.com being promoted in MMA as well, and many more. They need it because they're less popular in comparison to how popular Bitcoin is right now. Another one is that, who will pay for the advertisement fees? For sure they will not promote it for free right?

For someone who is also well acquainted with altcoins, the word cryptocurrency itself does not mean only Bitcoin, but for a beginner it may be associated specifically with Bitcoin. Yes, you may be right where you rarely see direct advertising of bitcoin, mostly these are signs at establishments that accept bitcoin as payment. But there are a lot of altcoins and they need to compete with each other, so they have to spend a lot of money on advertising.

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Alright sounds good, have you try to convince one of store or marketplace to accept Bitcoin as alternative payment? have you try to convince one of company to pay their workers in Bitcoin? if you have not yet, then you should try it first.

Maybe you will think "what I get after convince someone about Bitcoin?", "I've tried, but they don't want to accept" etc, when you already know the answer, you wouldn't ask this question.

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Quote from: traderethereum on August 30, 2023, 06:11:39 AM

Famous clubs, communities or other organizations can do it.
But it also depends on how the local government responds to bitcoin because if your country bans people from using bitcoin, it will bring problems to the people trying to promote it.
Another case is if bitcoin is allowed to be used by people and can be an alternative means of payment, this will encourage people's interest to try using bitcoin.
But we still can't force them to try using bitcoin because it depends on them.
We can only tell them about bitcoin now and then it will be up to them because using bitcoin is an option for them.

I do not think that there are that many nations looking to ban bitcoin outright. There could be some laws regarding mining, but not trading or holding bitcoin. There aren't that many I know of, and that means it must be a low amount. Look at all the major nations all around the world, you can see that it is not happening and they are more than likely to just accept it as a legal thing and tax it instead, that's where they make the money from and I think they will continue to do so.

When a government finds something they can tax, they will more than likely accept it, only dictators won't because they already can take whatever they want. That's an important piece of information as a rule of thumb on future predictions.

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No need IMO.

Whenever you hear the word cryptocurrency, what's the first thing that comes up to your mind? Isn't it Bitcoin? When somebody searches cryptocurrency in Google, what's the first thing that comes up? Isn't it Bitcoin? Why the need to advertise it in various sports events when it already is becoming more and more popular as years pass by.

I understand that there are some altcoins that are being promoted in different sports events like the Crypto.com Arena, the old FTX Arena from the Heat, Crypto.com being promoted in MMA as well, and many more. They need it because they're less popular in comparison to how popular Bitcoin is right now. Another one is that, who will pay for the advertisement fees? For sure they will not promote it for free right?

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Quote from: kotajikikox on August 31, 2023, 12:26:44 AM

how i wish this will come to reality very soon , because for sure this will add bigger
advertisement and of course more effect in positive way to all crypto not only in bitcoin.
for how many years now , this has been denied , even some big investors are hiding their personality not to be connected in crypto for their safer reason.
but if this happens surely that will be the start of what we called Worldwide adioption .

And what is the reason that the big Bitcoin holders are hiding to this day? I believe there is a reason for this. And it lies in the fact that these people do not want to pay high taxes on their profits. No, you will not wait for that moment and the day will not come when these comrades will emerge from the shadows.
They will continue to hide from the authorities for as long as they can. This practice is very common in the world. It existed before the entire epic with cryptocurrencies, when offshore zones were used to store capital.

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Quote from: Forever101 on August 29, 2023, 05:51:44 PM

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.

These are the right thoughts and of course it contributed to the growth of bitcoin's popularity, but the fact is that not every country can do this because of the attitude to bitcoin from a legal point of view. I mean that in many countries bitcoin is banally banned and such advertising may be illegal. And then the clubs that placed the advertisement may have problems. And why would they sell bitcoin at all, while having such strong risks of getting fines?
We have the usual evening news that talks about cryptocurrencies, it's worth updating bitcoin ATH.

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Quote from: Uruhara on August 31, 2023, 10:51:00 PM

Quote from: kryptqnick on August 31, 2023, 11:24:04 AM

Some companies that are related to cryptos sponsor football teams, so it's already happening and helping make people more aware of the market's existence. However, when people hear about something, even if it's something that reaches tons of people because of how popular it is, they often forget about it pretty fast. So it has some impact, it helps promote cryptocurrencies and certain companies that secure those sponsorships, but if hundreds of millions see a Bitcoin logo, it doesn't mean that even 1% of these people will actually try using Bitcoin.
Paying players in Bitcoin was done in some instances, I think, but nothing big enough to see if that actually makes a difference in terms of Bitcoin adoption.

As you said, this has been done a lot. Even top exchanges like Binance also work with Cristiano Ronaldo. Namely in the Cristiano Ronaldo NFT project on Binance. This does have its own impact. But yes, the level of effectiveness is sometimes not very hopeful. It's just that crypto in the sports sector has become quite common and crypto has indeed entered the realm of sports too, especially in football. So that we also find many altcoins specially made for football clubs called altcoins: Fan Token.

I can understand that the OP and many other people want for the adoption of bitcoin to grow at an even faster speed, but each person is going to decide on their own when to buy and hold bitcoin, so if for them this is not a good moment to buy bitcoin then no amount of ads will change their mind.

I adopted bitcoin when I did not because I saw an ad, I simply found out about bitcoin by accident and then after reading more about it I got convinced it was the future, so we must let each person to come to terms with bitcoin and decide when to adopt it, even if we would like them to do so as fast as possible as it is not up to us to take this decision for them.

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Quote from: kryptqnick on August 31, 2023, 11:24:04 AM

Some companies that are related to cryptos sponsor football teams, so it's already happening and helping make people more aware of the market's existence. However, when people hear about something, even if it's something that reaches tons of people because of how popular it is, they often forget about it pretty fast. So it has some impact, it helps promote cryptocurrencies and certain companies that secure those sponsorships, but if hundreds of millions see a Bitcoin logo, it doesn't mean that even 1% of these people will actually try using Bitcoin.
Paying players in Bitcoin was done in some instances, I think, but nothing big enough to see if that actually makes a difference in terms of Bitcoin adoption.

As you said, this has been done a lot. Even top exchanges like Binance also work with Cristiano Ronaldo. Namely in the Cristiano Ronaldo NFT project on Binance. This does have its own impact. But yes, the level of effectiveness is sometimes not very hopeful. It's just that crypto in the sports sector has become quite common and crypto has indeed entered the realm of sports too, especially in football. So that we also find many altcoins specially made for football clubs called altcoins: Fan Token.

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Quote from: Forever101 on August 29, 2023, 05:51:44 PM

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.

But Bitcoin is not a company to promote itself through advertising organizations in sporting events, and I do not think that any advertising company will be interested in promoting Bitcoin without direct returns. Your idea was implemented a little differently after some platforms started advertising campaigns in the stadiums, such as the Binance platform, whose logo appeared in all matches of the last World Cup in Qatar. This is in addition to some casinos in other sports tournaments.
I think this helped raise awareness of crypto in general and the benefit of its uses to a large group of people.

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Quote from: Forever101 on August 29, 2023, 05:51:44 PM

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 am actually familiar with some crypto projects that have partnered with football clubs like Digitalbits that was a major sponsor of AS Roma and Inter Milan before the deal was called off. OKX is a major sponsor of Manchester City, Atletico Madrid new sponsorship deal with WhaleFin, I could go on and on. Bitcoin is not centralized and it is not a governance token of a decentralized project that the community could come together and decide which football club to advertise it. Where is the money for the advert going to come from? So as you can see this is not possible, a football club might decide to pay their players with Bitcoin but I don't know of any. Adoption might be slow but I believe Bitcoin is getting the attention and recognition it deserves.

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Quote from: kryptqnick on August 31, 2023, 11:24:04 AM

Some companies that are related to cryptos sponsor football teams, so it's already happening and helping make people more aware of the market's existence. However, when people hear about something, even if it's something that reaches tons of people because of how popular it is, they often forget about it pretty fast. So it has some impact, it helps promote cryptocurrencies and certain companies that secure those sponsorships, but if hundreds of millions see a Bitcoin logo, it doesn't mean that even 1% of these people will actually try using Bitcoin.

It is common low effects from advertisement and it's not new effect type we see with Bitcoin advertisement on football team skirts or at stadiums. Years since I joined the forum and knew about signature campaigns or forum advertisement banners (which were stopped by theymos months ago), I many times wonder myself that why many companies are able to spend huge funds for signature campaigns and some even run it many years.

Maybe they got good effects from signature (that I doubt they don't) or get good income somewhere and are ready spend fund for signature campaign without much requirement of campaign effect.

Quote

Paying players in Bitcoin was done in some instances, I think, but nothing big enough to see if that actually makes a difference in terms of Bitcoin adoption.

Paying players in Bitcoin is good as Bitcoin is a best cryptocurrency, it's here many years and is a strongest and safest.

It's joke if you remember some clubs paid players, influencers in fan tokens. Grin

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Some companies that are related to cryptos sponsor football teams, so it's already happening and helping make people more aware of the market's existence. However, when people hear about something, even if it's something that reaches tons of people because of how popular it is, they often forget about it pretty fast. So it has some impact, it helps promote cryptocurrencies and certain companies that secure those sponsorships, but if hundreds of millions see a Bitcoin logo, it doesn't mean that even 1% of these people will actually try using Bitcoin.
Paying players in Bitcoin was done in some instances, I think, but nothing big enough to see if that actually makes a difference in terms of Bitcoin adoption.

Topic: Bitcoin movement: my thought (Read 467 times)