Apparently there r courses on BTC in some of the Top Universities.!! THE WORD IS SPREADING!!
Topic: Bitcoin’s future depends on public acceptance (Read 4170 times)
Yes..
How much more time are you talking about?
It needs more time.
It will widely get accepted soon.
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.!
Yes..
How much more time are you talking about?
It needs more time.
It will widely get accepted soon.
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.
Public acceptance is a must for a certain product to succeed. Not just bitcoin, but everything within it.
Yes..
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. It needs more time.
It will widely get accepted soon.
It will widely get accepted soon.
How much more time are you talking about?
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
Yes..
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. It needs more time.
It will widely get accepted soon.
It will widely get accepted soon.
How much more time are you talking about?
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.
https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230
Yes..
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. It needs more time.
It will widely get accepted soon.
It will widely get accepted soon.
How much more time are you talking about?
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.
Yes..
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. It needs more time.
It will widely get accepted soon.
It will widely get accepted soon.
How much more time are you talking about?
Yes..
How much more time are you talking about?
It needs more time.
It will widely get accepted soon.
It will widely get accepted soon.
How much more time are you talking about?
It needs more time.
It will widely get accepted soon.
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.
It needs more time.
It will widely get accepted soon.
It will widely get accepted soon.
A cryptocurrency's worth is:
50% Technology (solid, long lasting)
50% Public acceptance (merchant adoption, network effect)
The rest is just shitty gimmicks.
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!
A cryptocurrency's worth is:
50% Technology (solid, long lasting)
50% Public acceptance (merchant adoption, network effect)
The rest is just shitty gimmicks.
50% Technology (solid, long lasting)
50% Public acceptance (merchant adoption, network effect)
The rest is just shitty gimmicks.
Sadly I think bitcoin is going to remain a bit of a niche product among a select few for quite some time as opposed to a truly mainstream product. Most people just wont see the point in using it sadly.
But we have all these companies that accept Bitcoin! Who's ever heard of a company going out of business because they don't have any customers. Pfft, never happens! LOL
Sadly I think bitcoin is going to remain a bit of a niche product among a select few for quite some time as opposed to a truly mainstream product. Most people just wont see the point in using it sadly.
Let me see if I understand, Bitcoin needs people using it for it to work. That's genius! Wow, I learned two things this week. I also learned that in order for it to be really bright outside the sun needs to be up. Doesn't that just blow your mind?
Um.. the supermoon was really bright the other night. Sun wasn't up.
xxI mean really, really bright. LOL
Let me see if I understand, Bitcoin needs people using it for it to work. That's genius! Wow, I learned two things this week. I also learned that in order for it to be really bright outside the sun needs to be up. Doesn't that just blow your mind?
Um.. the supermoon was really bright the other night. Sun wasn't up.
xx Most people dont see the reason why they should invest in btc because they are clueless about the incoming fiat crisis.
Yea, I am not so sure about this. People don't invest in bitcoin because it is still very new and it's future is uncertain, and there is not an "incoming" fiat crisis. The public does need to use and spend bitcoin in order for the network to survive over the long term
Let me see if I understand, Bitcoin needs people using it for it to work. That's genius! Wow, I learned two things this week. I also learned that in order for it to be really bright outside the sun needs to be up. Doesn't that just blow your mind?
Yes, that's what makes it ridiculous.
To rephrase the headline "Bitcoin's popularity depends on its popularity"
To rephrase the headline "Bitcoin's popularity depends on its popularity"
That's the definition of the network effect, isn't it?
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