Coinbase's marketing strategy has succeeded in attracting widespread attention to their services. It is generally known that today's payment technology leaves a lot to be desired and the biggest obstacle with Bitcoin is that it is possible to make payments without a third party. because with Bitcoin you can fully control your finances.
However for online merchants it may be a different story as it means they have to charge their customers more to cover their transaction costs. These are all problems that can be solved with blockchain-based solutions, which of course include Bitcoin and other cryptocurrencies. Let the free market decide...
Topic: Did anyone saw the New Bitcoin Advertisement? - page 2. (Read 307 times)
Coinbase just launched a new marketing campaign on Twitter by dropping a New Bitcoin advert. It is pretty good as it highlights some of the biggest flaws of the US financial system. If you have not watched it then you can view it here.
There is no Bitcoin there, only Coinbase is mentioned. An exchange is NOT Bitcoin. Bitcoin is paying and being paid bitcoins, p2p wallet to wallet, no exchanges, no 3rd parties, no banks, no State, no financial system. Heck, Bitcoin doesn't ask you KYC unlike this exchange...
I laughed so hard at the "next window" part and also at the 5 business days to deliver your money. But it was not really straight forward about bitcoin or cryptocurrency; they are really promoting coinbase it's their platform, and part of this is the bitcoin. It's a fun advertisement, but it's the sad truth, and changing it is difficult because it's backed by the government, and because of its flaws, people can exploit it more mostly those powerful.
The advertisement is well created to make people understand the need of technology. By the time went through the response for the advertisement. Some has mentioned same is the situation with Coinbase, we need to wait long for the transaction. In always the exchanges too serve same as that of the centralized system.
Earlier the spread about cryptocurrencies happened through word of mouth and slowly the exchanges have been doing it through different promotions. Though this promotion is for Coinbase, it'll make atleast few people to learn what it is all about.
Earlier the spread about cryptocurrencies happened through word of mouth and slowly the exchanges have been doing it through different promotions. Though this promotion is for Coinbase, it'll make atleast few people to learn what it is all about.
Haven't seen it before. It may bring new people to Bitcoin, but it's kinda sad that they're gonna use exchange and most likely will keep their Bitcoin there, not everyone is gonna make full and proper research.
I implied it in that question!
Their video is meaningless if we think a little bit deeper.
Their video is meaningless if we think a little bit deeper.
It's not though. The video is sort of them trying to convince that we need better money(implying bitcoin/crypto), hoping that people will buy/trade bitcoin/crypto through Coinbase. If anything, it's one of their best ads as far as I remember.
Nothing is interesting with me.
Centralized governments, centralized banks won't change. They cooperate with each other to make inflation and cause loss of purchasing power of fiat currencies [1]
Why Coinbase don't change themselves first from a centralized platform to a decentralized one?
[1] https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/
I think it is a win-win situation for both coinbase and decentralization. Exposing the problems of conventional banking will positively affect the crypto industry. Coinbase wants to attract more customers to its platform with this advert which might make them carry out business transactions on its platform. Some of these customers might also later discover the imperfections of a centralized platform like Coinbase and move to embrace decentralized wallets. Centralized governments, centralized banks won't change. They cooperate with each other to make inflation and cause loss of purchasing power of fiat currencies [1]
Why Coinbase don't change themselves first from a centralized platform to a decentralized one?
[1] https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/
People need to be aware of these parasites called banks and that's what this advert is trying to depict. The conventional banking system is gradually drowning people slowly and most people lack the knowledge of available alternatives.
Why Coinbase don't change themselves first from a centralized platform to a decentralized one?
Because it's a dumb decision in a business sense. Always remember that Coinbase is a US-based company.
Their video is meaningless if we think a little bit deeper.
Technically, it wasn't really a Bitcoin advertisement, it's a Coinbase advertisement. The good thing about it is it highlights the flaws in the traditional banking system and the flaws of 3rd party payment processors. So, basically this is where cryptocurrency takes place not only Bitcoin, but crypto as a whole, and of course using their platform to make those transactions.
Nevertheless, the advertisement really made sense though, but we all know people who doesn't want to learn and correct these flaws, would never gonna switch and leave what their used to.
They are really focus on social advertisement these days, i mean on Facebook every short videos, and even on YouTube, they will put on an app that uses cryptocurrency, they are not directly putting bitcoin, and just saying crypto because of the backlash in the past for bitcoin because they are being use by scammers and bad guys on their scheme, so the approach is pretty much good approach as a commercial strategy.Nevertheless, the advertisement really made sense though, but we all know people who doesn't want to learn and correct these flaws, would never gonna switch and leave what their used to.
They also show how bad the system is but, not in a very big way that will hurt the current system, what really a big advantage is crypto is that it will not take 3-5 days just to clear your money, and that might be the best pitch by coinbase that will make other bank customers eyes pop, and try how will it help, people transfer money without any hassle like in the videos that, they are stress because, the money is needed but take more time, people this days want's faster transaction, because of the fast phase, we are in.
Good for them for actually releasing a good ad that doesn't just straight-off shill shitcoins.
Because it's a dumb decision in a business sense. Always remember that Coinbase is a US-based company.
Technically, it wasn't really a Bitcoin advertisement, it's a Coinbase advertisement. The good thing about it is it highlights the flaws in the traditional banking system and the flaws of 3rd party payment processors. So, basically this is where cryptocurrency takes place not only Bitcoin, but crypto as a whole, and of course using their platform to make those transactions.
Nevertheless, the advertisement really made sense though, but we all know people who doesn't want to learn and correct these flaws, would never gonna switch and leave what their used to.
It's great though. The fact that it's a bit more subtle and the fact that they don't necessarily need to plaster Bitcoin all over people's faces.Nevertheless, the advertisement really made sense though, but we all know people who doesn't want to learn and correct these flaws, would never gonna switch and leave what their used to.
Why Coinbase don't change themselves first from a centralized platform to a decentralized one?
Because it's a dumb decision in a business sense. Always remember that Coinbase is a US-based company.
Technically, it wasn't really a Bitcoin advertisement, it's a Coinbase advertisement. The good thing about it is it highlights the flaws in the traditional banking system and the flaws of 3rd party payment processors. So, basically this is where cryptocurrency takes place not only Bitcoin, but crypto as a whole, and of course using their platform to make those transactions.
Nevertheless, the advertisement really made sense though, but we all know people who doesn't want to learn and correct these flaws, would never gonna switch and leave what their used to.
Nevertheless, the advertisement really made sense though, but we all know people who doesn't want to learn and correct these flaws, would never gonna switch and leave what their used to.
I mean it would have been better if they even once mentioned Bitcoin lol. It was a Coinbase ad not a Bitcoin ad. If it was a Bitcoin ad they would have mentioned it. I was waiting at the end for it to say something like Use Bitcoin but it just said Coinbase
I think it's pretty awesome. And while it is paid by Coinbase, it is obviously not an advertisement of Coinbase but of Bitcoin. Of course, Bitcoin doesn't cease processing transactions all over the world. It doesn't rest. It doesn't have a holiday and can't be shut down. Coinbase, of course, is the opposite.
I also think it's wise to promote Bitcoin not only by presenting Bitcoin and its revolutionary features but also by making people realize the kind of system they are currently in, particularly emphasizing that they deserve better. The ad is kind of enlightening, showing the why of Bitcoin. Some might find no reason to get into Bitcoin without being presented with how rotten the fiat system is.
But in countries like Lebanon, Argentina, Venezuela, Zimbabwe, Nigeria, and many others, even China with its funny CBDC that has an expiry date, they're the best promoters of Bitcoin.
I also think it's wise to promote Bitcoin not only by presenting Bitcoin and its revolutionary features but also by making people realize the kind of system they are currently in, particularly emphasizing that they deserve better. The ad is kind of enlightening, showing the why of Bitcoin. Some might find no reason to get into Bitcoin without being presented with how rotten the fiat system is.
But in countries like Lebanon, Argentina, Venezuela, Zimbabwe, Nigeria, and many others, even China with its funny CBDC that has an expiry date, they're the best promoters of Bitcoin.
Nothing is interesting with me.
Centralized governments, centralized banks won't change. They cooperate with each other to make inflation and cause loss of purchasing power of fiat currencies [1]
Why Coinbase don't change themselves first from a centralized platform to a decentralized one?
[1] https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/
Centralized governments, centralized banks won't change. They cooperate with each other to make inflation and cause loss of purchasing power of fiat currencies [1]
Why Coinbase don't change themselves first from a centralized platform to a decentralized one?
[1] https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/
Coinbase just launched a new marketing campaign on Twitter by dropping a New Bitcoin advert. It is pretty good as it highlights some of the biggest flaws of the US financial system. If you have not watched it then you can view it here.
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