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Topic: Does Bitcoin need advertisment? - page 3. (Read 876 times)

full member
Activity: 490
Merit: 209
January 12, 2024, 08:36:29 AM
#27
Bitcoin is a real asset which is why it doesn't require any form of advertisement. The use cases of Bitcoin are the things that are increasing Bitcoin adoption in the world, there is nobody who will come across Bitcoin that will not want to know Bitcoin more. With Bitcoin, you can send money to your family abroad with a lower, and the person receiving the Bitcoin will not pass through stress of having access to the Bitcoin. Bitcoin has made many rich through investment, when people see this they will want to adopt Bitcoin so that can also taste the goodness of Bitcoin. The adoption of Bitcoin will continue to increase since the government wants to put an end to Bitcoin, and people will want to know about Bitcoin because it poses a threat to government policy.
And Bitcoin on its own they run advertisements for him self because if you look am people done like Bitcoin because of the kind money the thing they bring and  as some people done taste am they no wan allow the thing go because of waiting them they get for their me I never get bitcoin before but if money enter my hand I go buy am. The way countries they even put body for the thing now he they surprising.

From last year better news full every for the adoption of bitcoin as some countries done even make am to be spend able you fit buy and you fit sell bitcoin the same time and you still fit use am buy something for shop and if you look naija to now done legalize the whole thing now. As all this news they come he they, also get waiting he they do for the price body. And anywhere anybody they you fit send them money and you no go get any issue or delay because of the lightning network so plenty  reason they wey make people continue they like Bitcoin. Na why me self like am. The thing fit serve as money and as asset see am. Bitcoin just to much.
full member
Activity: 350
Merit: 128
January 12, 2024, 06:16:26 AM
#26
Bitcoin is a self custodian technology that was invented by an individual with the aim of prominently to dominate all over. It has been succeeded in being a global adopted currency while influencing even the world power fiat currencies. The possibilities of Bitcoin gaining this heights wasn't magical neither was it a mandatory adoption. It was made possible gradually through adverts Such as speculations. Adverts could come in different dimensions so, I accept that Bitcoin speculations is a medium of advertising Bitcoin which has got it this far of success.
hero member
Activity: 700
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January 10, 2024, 01:02:49 PM
#25
One's charity in the environment also a means of advertising Bitcoin and your appearance also advertising Bitcoin. Although it is good to tell people more about bitcoin because ordinary seen your cheerful nature with bitcoin success can't make them to understand Bitcoin even though they know that it through Bitcoin you are giving them this palliative. And if you only give them electricity without telling them to invest in it, then you have the ideology of the rulling class. The rulling class is not interested to educate you so that you will become rich and instead they would give the peanut to eat.

As for me oh, instead of giving them the electricity and which you might not done forever, you can organize a seminar and teach them to invest and you will free from some burdens from them. And that is one of the best approach to advertise Bitcoin.
sr. member
Activity: 448
Merit: 351
January 10, 2024, 09:22:56 AM
#24
I don't think Bitcoin really need any form of advertisement. Better product dey market it self. You only advertise something when you have a stake in that product or when the product is benefiting you directly when others make purchase of it. Bitcoin is has gotten it's name in almost everwhere. What I just think is most people in the rural areas especially in Africa just need to enlighten on how to use Bitcoin. It is one thing to know about something and another thing to know how to use it. Most countries in Africa are still classified under the developing countries and most times people in the rural find it difficult to adjust to new technologies.
sr. member
Activity: 476
Merit: 316
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January 10, 2024, 08:07:20 AM
#23
Bitcoin is a real asset which is why it doesn't require any form of advertisement. The use cases of Bitcoin are the things that are increasing Bitcoin adoption in the world, there is nobody who will come across Bitcoin that will not want to know Bitcoin more. With Bitcoin, you can send money to your family abroad with a lower, and the person receiving the Bitcoin will not pass through stress of having access to the Bitcoin. Bitcoin has made many rich through investment, when people see this they will want to adopt Bitcoin so that can also taste the goodness of Bitcoin. The adoption of Bitcoin will continue to increase since the government wants to put an end to Bitcoin, and people will want to know about Bitcoin because it poses a threat to government policy.
jr. member
Activity: 157
Merit: 8
January 10, 2024, 07:43:04 AM
#22
Just like many people have said here that a good product needs no advertising Bitcoin only proves the statement to be true due to it’s growth without advert this is because of the knowledge people have gained over the years through usage of Bitcoin
Two years ago a friend of mine wanted to purchase a car worth 27million but there was a problem converting it from bitcoins to cash because we couldn’t find a vendor with a fair price we were stuck till a friend in Abuja linked us to a car dealer in Abuja who accepts Bitcoin payments we had to wait a month because he didn’t have the exact car we wanted but eventually got the car we wanted.
Ever since we’ve been getting bonuses referring others to him and his brilliant offer which saved us from incurring huge losses.
hero member
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January 10, 2024, 06:52:48 AM
#21
Though, I have also come to noticed that most people feel that Bitcoin don't need advertisment, but they neglect the fact that adoption won't get to rural areas where illiteracy is common, or is Bitcoin not meant for the uneducated?.
I think people in rural areas do not need to adopt bitcoin even if they know about it. In the rural areas, what they need is access to financial services. They need banks. Banks that are close to them and if they cannot get that banks then banks need mobile money operatives that are representatives of these banks. Plenty people in the rural areas are unbanked. I think that banking the unbanked through a seamless process is the first thing to do and not the adoption of bitcoin. Adoption should be for the people in the urban areas.
You have spoken well mate, rural adoption of bitcoin is at this time not of necessity as it is with the urbanized areas. A great number of the population in the rural areas have no idea about how to use the traditional banking system how much more being able to adapt to the bitcoin blockchain technology, it would be like doing the right thing at the wrong time and place.

The traditional system actually us a corrupt ground for centralized authority manipulation and surveillance however if those in rural area can begin from there it will be an eye opener for them when they later get introduced to bitcoin they will easy dissect the difference for themselves without much difficulties as it relates to understanding the usefulness and benefits of bitcoin.
sr. member
Activity: 658
Merit: 441
January 09, 2024, 02:01:20 PM
#20
Bitcoin no get project owner or a particular budget assigned for marketing. Na di community get di project and many times we dey see doings from bitcoin enthusiasts all over di world. As dem dey use di project bless di lives of people, naso dem dey also use di opportunity to advertise am. Dis kind gesture from di Malawi miners na one of di best way to take promote Bitcoin. I believe say e get some persons for di community wey never hear about bitcoin but dis act of generosity go make dem pick interest for di coin and dem go wan know more.
sr. member
Activity: 224
Merit: 195
January 09, 2024, 01:51:53 PM
#19
That is the power of superiority over every other cryptocurrencies, our people will say "Sweet / good wine no go need any introduction", this should tell of how quality and authentic Bitcoin is in this crypto space. Individuals and countries, sites and companies as well are now adapting the use Bitcoin and as times goes on same way more people will adopt the use of Bitcoin.
sr. member
Activity: 420
Merit: 272
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January 09, 2024, 01:46:54 PM
#18
All I'm trying to say is, the market cap of Bitcoin has been increasing by there are no advertising team out there who are being paid for advertising Bitcoin to the public.
Just like wetting one person talk for the comment section say na better market they sell em self. Bitcoin no too much need advertisement because everybody dey like wetting dey profitable Naim make people dey always like to go for better thing. And Naim be enough reason why bitcoin no need much advertisement. Good character dey show for atitude no be by gragra.
sr. member
Activity: 448
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January 09, 2024, 01:05:05 PM
#17
Op make I first commend u bcos u try way u take write dis topic.
E no get product or service 4 dis life way cast go reach d extent say e no need advertising. Bitcoin sef need advertising only say Dem no de pay pipo do am . And d reason de simple. Bitcoin overtime don carry beta strong name 4 e back as backup plan and over many years pipo way don invest put don see d light . Even pipo way neva invest put sef de feel d light reflection 4 their side.

D button line b say Bitcoin don break record way no other coin fit do and e come b like best choice and option at d same time.
BTC na d OG of crypto .
legendary
Activity: 2450
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January 09, 2024, 12:52:39 PM
#16
.All I'm trying to say is, the market cap of Bitcoin has been increasing by there are no advertising team out there who are being paid for advertising Bitcoin to the public.

When something is too good it can't be hidden and will need no direct advertisement to get to the masses. Bitcoin na a decentralized currency, this one mean say na we get Bitcoin and no body there's no CEO or marketing manager to dey strategize plans on how to make Bitcoin blow. Na we wey be the users still be the marketers indirectly. I hope you know say your testimony can convince someone to try something new more than any ads wey the company of that thing put out. As you tell your friend say na Bitcoin dey give you the cash dem wey you dey spend so  E go convince am pass any ad wey Bitcoin for fit put out (assuming Bitcoin was a centralized currency to do that).

Bitcoin dey enjoy advertisement from companies wey dey use am as a payment option or dey associated with am in the same cryptocurrency industry. Some clubs for premier league and other leagues too get Bitcoin related service as their sponsor, some of them get Bitcoin official logo as their company face and some of their ads dey get Bitcoin inside. All this one na ads wey plenty people for their billions dey see so this one na advertisment for Bitcoin too. Casino dem dey advertise Bitcoin for sports events as dem go tell you you fit bet with am for this sites. When media talk negative about Bitcoin e dey give am publicity too.

Everything need an advertisements, Bitcoin already dey get advertised but no be Bitcoin dey do am directly, na him investors dey do am for am. For Bitcoin to become this popular na because say many people see ads about Bitcoin in different ways. Without advertisement nothing fit succeed but no be all advertisement dey come from the founder of the business.
hero member
Activity: 546
Merit: 516
January 08, 2024, 03:17:19 PM
#15
Bitcoin does not really require conventional advertisement because no one can claim ownership of that brand. However, Bitcoin need as much publicity as it can get with the aim of helping as many people as possible to embrace this technology that can change their lives. These publicities are purely driven by personal conviction among Bitcoin enthusiasts, not that they are funded by anybody like it is done in conventional advertisement. They probably do this as a show of love to to Bitcoin as well as the people they want to get into Bitcoin.

If we must achieve mainstream adoption of Bitcoin, like most of us are expecting, then many people have to be using Bitcoin. This is the ultimate reason many Bitcoin lovers spend their time and resources spreading the word about Bitcoin, taking the good news to the ends of the world including remote villages.
sr. member
Activity: 504
Merit: 268
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January 08, 2024, 12:45:00 PM
#14
It is just like asking if coke needs advertisement, secondly, there is a say in my dialect that says a good market sells itself and this is where Bitcoin's 15 years of existence has taken it to, and at these current stage of adoption and popularity that Bitcoin have gotten, it no longer needs advertising to continue its existence, not that people won't continue to be Bitcoin advocate, but it will now have little impact to the rate of adoption.

Brother I agree with you, because if you check the market cap you go see say e dey increase day by day, I nor know weda na because of the bull run wey we go soon experience after the halving but on thing dey sure say e dey increase, and no be only old investors dey enter the market this period. The good news dey spread without any  officially known advertisment, my brother wattin don good don good. Na just for us to continue to dey use am dey benefit from am.
hero member
Activity: 1008
Merit: 599
January 08, 2024, 11:17:00 AM
#13
It is just like asking if coke needs advertisement, secondly, there is a say in my dialect that says a good market sells itself and this is where Bitcoin's 15 years of existence has taken it to, and at these current stage of adoption and popularity that Bitcoin have gotten, it no longer needs advertising to continue its existence, not that people won't continue to be Bitcoin advocate, but it will now have little impact to the rate of adoption.
legendary
Activity: 2184
Merit: 1302
January 08, 2024, 11:02:06 AM
#12
E get plenty ways that people find out about Bitcoin, some dey see am online, other people they find out about Bitcoin from their friends, etc, Bitcoin no need advertisement because the coin get better use case and e dey sustainable for the long term, so no need to convince people to buy Bitcoin, once they find out about am, do their own research, na dem go wan buy am.

Bitcoin dey more popular in the developed countries, but even now adoption don dey choke for underdeveloped countries. Nigeria na better example, adoption of Bitcoin for Naija dey grow everyday and na so e be for plenty other African countries, and this is how adoption will continue to grow in different countries and continents.
sr. member
Activity: 462
Merit: 355
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January 08, 2024, 10:19:48 AM
#11
Snip
I think people in rural areas do not need to adopt bitcoin even if they know about it.
Bitcoin knows no boundaries. One thing you should know is that every one in the city is once a village man that left home for the city. So checking the level of illiteracy in Nigeria I think is about %31in 2022 and that is to tell you that majority of Nigeria are liable to know about bitcoin no matter the environment. Provided that there are schools and churches in the village which communicates with English in most activities. somebody who is in the village can know more about bitcoin than you who is in the city, provided that they get the information at the appropriate time and also smart to utilise it. Most people in the village are educated people who graduated In different higher institutions but for the sake of unemployment and hardship of not being able to pay for their bills in the city, made them to be in the villa. so that doesn't mean they are dump. So I think bitcoin need advertisement. It might not necessarily be Radio or television advert, but p2p. meaning telling it to your friends and relatives who are willing to know about it and not to those who will see you as a scammer who is anxious to defraud them.
hero member
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January 08, 2024, 09:39:26 AM
#10
Though, I have also come to noticed that most people feel that Bitcoin don't need advertisment, but they neglect the fact that adoption won't get to rural areas where illiteracy is common, or is Bitcoin not meant for the uneducated?.
I think people in rural areas do not need to adopt bitcoin even if they know about it. In the rural areas, what they need is access to financial services. They need banks. Banks that are close to them and if they cannot get that banks then banks need mobile money operatives that are representatives of these banks. Plenty people in the rural areas are unbanked. I think that banking the unbanked through a seamless process is the first thing to do and not the adoption of bitcoin. Adoption should be for the people in the urban areas.
sr. member
Activity: 182
Merit: 120
January 08, 2024, 08:24:03 AM
#9
Bitcoin doesn't necessary need an adviser or an advertisement, na people just dey willing do am cause maybe they want others to benefit either investing or trading in any way the person wants to learn that's their choice. The issue with the CBN lifting the ban on crypto in Nigeria has made a lot of people asking and want to know what's bitcoin, I'm trying to find the current chart and the population adopting bitcoin currently after CBN lifting the ban and haven't seen such yet, but I strongly believe that the adoption rate will increase not just because of the ban lifting but currently now bitcoin has gained a lot of popularity in Nigeria.
full member
Activity: 160
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January 08, 2024, 07:02:38 AM
#8
As an adult with a smartphone, you should have come across Bitcoin on the internet or heard someone talk about it. What's left for you is to conduct your research about what Bitcoin entails, without waiting for people to start advertising it.
Just like someone stated that musicians include bitcoin in their song.
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