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Topic: BTC technology and the need for referral codes/links. - page 2. (Read 265 times)

hero member
Activity: 644
Merit: 661
- Jay -
Is BTC technology a failing/failed technology because it has no referrals, but rely on an exchanges' program which aims for users to earn some dollars by referral codes?
No it is not.
Bitcoin also does not rely on exchange's referral programs. It is more of the exchange seeking exposure and trying to enter the bitcoin market with the number of investors it has.

Would referral codes even be a necessary initiative for the BTC investors and customers who intend to not only earn substantially by trading or HoDling, but by sharing their referral codes/links?
That is for you to decide. There is no link between referral codes and the bitcoin network, if you want to join one run by a third party platform to get paid in whatever currency they are offering, that is a personal decision,

- Jay -
hero member
Activity: 994
Merit: 744
Bitcoin is completely decentralized, it did not need any referral links or code to get more popularity among people around the world.

Most of these projects that are into referral links and codes are centralized projects that are still looking for popularity and more investors around the world, while Bitcoin on its own have its distinct and unique way that many project are copying, and Bitcoin have limited supply, no one can earn them through airdrop like other projects, you have to buy Bitcoin if you want Bitcoin.

Other projects around the world are already doing the advert for Bitcoin, because they are always making reference to Bitcoin because it is the pioneer crypto that every coin or projects are looking up to, and it control the entire cryptocurrency market.
sr. member
Activity: 476
Merit: 385
Baba God Noni
Bitcoin is decentralized and don't need a referral code because it is only centralized platforms that do have referral code so that they can use it as a bait to get more customers because people will love to earn from it.

Bitcoin is solid and no one is in charge of controlling the whole system which makes it impossible and if I may ask who will be giving out the bonus and how. Mate buy your bitcoin through p2p and that's all. Exchanges and online financial institutions are the ones that does this because it is own by someone and they can collapse one day. Bitcoin has spoken for itself since the past 14 years because everyday the adoption increases and it is gaining more popularity.
hero member
Activity: 700
Merit: 673
Referral code and referral means of market are only for coins and projects that seek more exposure, and those coins are coins that most times have unlimited supply, which they can continue minting and adding more coins to the market, and the value of what's being distributed as referrals can become worthless.
 
And if I may ask, where will the referral bonus for those who refer people into the system come from? I don't see any reserve bitcoin for such, and beside, it's a decentralised system we are talking about here, and the referral system is mostly active on a centralised platform where the owners have control over things that's happening around them.
full member
Activity: 952
Merit: 232
Is BTC technology a failing/failed technology because it has no referrals, but rely on an exchanges' program which aims for users to earn some dollars by referral codes?

Would referral codes even be a necessary initiative for the BTC investors and customers who intend to not only earn substantially by trading or HoDling, but by sharing their referral codes/links?

Is it even worth it to focus on earning by sharing referral codes?

Your thoughts are welcomed!
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