Author

Topic: Bringing Bitcoin to the Masses (Read 199 times)

member
Activity: 112
Merit: 16
December 09, 2017, 05:59:57 AM
#5
Whenever the price goes above a major threshold, news reports push people towards bitcoin anyway. People around me who previously had no idea what bitcoin is started talking about it once the price went above $10K and $15K. We don't have much to do at the moment, the masses are finding out about bitcoin when they see the price is rising all the time.
hero member
Activity: 3192
Merit: 939
December 09, 2017, 02:05:03 AM
#4
Bitcoin is already "bringed to the masses".There is so much info about bitcoin online,people just have to read and learn.If they don`t want to read and don`t want to get involved,then just don`t bother about them.
Bitcoin is created to liberate the people from the banks,but what if the banks start to buy large amounts of bitcoin and start to adopt the blockchain?Will this change your point of view?
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
December 09, 2017, 01:57:24 AM
#3
As Satoshi envisioned it to be the biggest transfer of wealth, from the haves 1% to the have nots 99%
Okay ?

What are some best ways to educate and bring BTC to the masses.
Just give them a way to double their money and next day you'd see they start using bitcoin [exchanges].Harsh truth,this is what it has come to lately.

To explain them that centrally issued fiats are an illusion to enslave them.

Not as an investment, but as insurance - against govts, banks, and corporations. When the shit really starts hitting the fan.
You can't.Media has made up all the bullshit about bitcoin as a scheme to get rich soon and no one cares about decentralisation anyway.

What is the best way to explain a farmer in Africa, or a housewife in India about good and sound money, in a way they understand.

BEFORE IT IS TOO LATE?
They need to understand Internet,cryptography before they understand bitcoin.
legendary
Activity: 1946
Merit: 1137
December 09, 2017, 01:47:24 AM
#2
As Satoshi envisioned it to be the biggest transfer of wealth, from the haves 1% to the have nots 99%
Satoshi is a common name, so yeah Satoshis have envisioned lots of different things.
but Satoshi, the creator of bitcoin, was never thinking about "transfer of wealth".

Quote
Not as an investment, but as insurance - against govts, banks, and corporations. When the shit really starts hitting the fan.
that sounds like an investment to me!
where you store your money some place safe that gains value and also protects you from when "shit hits the fan"!

Quote
What is the best way to explain a farmer in Africa, or a housewife in India about good and sound money, in a way they understand.

BEFORE IT IS TOO LATE?
you say, "not as an investment", then use the word "money" for bitcoin then say "before it is too late"?!! late for what? late for price being high? that is contradictory to being a currency! because it is never too late to use bitcoin as a currency even if price is $1 million per coin.
it is too late however if you consider it as an investment instead. so make up your mind, do you want to introduce bitcoin as an investment that will make them rich (fiat rich) or as a currency that is decentralized?
newbie
Activity: 28
Merit: 0
December 09, 2017, 01:26:06 AM
#1
As Satoshi envisioned it to be the biggest transfer of wealth, from the haves 1% to the have nots 99%

What are some best ways to educate and bring BTC to the masses.

To explain them that centrally issued fiats are an illusion to enslave them.

Not as an investment, but as insurance - against govts, banks, and corporations. When the shit really starts hitting the fan.

What is the best way to explain a farmer in Africa, or a housewife in India about good and sound money, in a way they understand.

BEFORE IT IS TOO LATE?
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