Topic: How can we push the actual use of Bitcoin ? - page 2. (Read 8644 times)
At the present time, when Bitcoin is primarily used by people as a kind of asset, they hold it and wait until exchange rates rise to sell to make a profit. The purpose of using such crypto is quite wrong compared to the original purpose of cryptocurrency. I think the next 20 years if cryptocurrency becomes popular worldwide, people will use crypto to trade on the Internet, and then the crypto rate will stabilize, not increase abnormally.
I'm own opinion we don't need to push the bitcoin as a actual use. Let them do it and don't include yourself about that. The matter there is you are earning money from bitcoin. We don't need to convince the others to believe in bitcoin. There are many people out there thinks that bitcoin is a scam so don't waste your time to them.
big companies, big names can help, like imagine facebook/google/amazone accept btc as a payment. It will bring tons of attention to the world. Work with big name, who can make this happen. It needs everybody to hand on.
Sooner or later crypto will be recognized. It is an entirely different currency. The problem with bitcoin as well it is being unstable with the price.
Bitcoin is getting into the mainstream of investment, rather to use as a currency. If you see the use of Bitcoin at Bitcoin futures or at other places, it will widely use for trading nothing much than that. So, coming with the question of the actual use of bitcoin is getting hidden in the running race to gain more from bitcoin. The basic purpose which Satoshi proposed was an easy way to transfer money is getting into easy way to increase your money. And it is not easy to push actual use of bitcoin until we see some stability and openness towards bitcoin as a method of payment.
U really dont need to push it as its not some long lost tradition or some old cultural which is waiting for a revival.
All that bitcoin ecosystem requires right now is ample amount of exposure and publicity.
Well for the publicity part, its quite famous already, but majorly for its rising prices and how one can earn short term profit through it, and not because of how secure it is and how wonderful of a currency it can prove to be. So here its getting famous only for its growing value and not for its asthetics, which actually can bring more trust on it. This needs to be done thorugh publicity and proper awareness.
And definetely as you added, big giants like amazon and stuff like that, if they start accepting btc, everyone would be encouraged to do so. But for this a certain level of stability is needed. Hope we soon see that coming.
All that bitcoin ecosystem requires right now is ample amount of exposure and publicity.
Well for the publicity part, its quite famous already, but majorly for its rising prices and how one can earn short term profit through it, and not because of how secure it is and how wonderful of a currency it can prove to be. So here its getting famous only for its growing value and not for its asthetics, which actually can bring more trust on it. This needs to be done thorugh publicity and proper awareness.
And definetely as you added, big giants like amazon and stuff like that, if they start accepting btc, everyone would be encouraged to do so. But for this a certain level of stability is needed. Hope we soon see that coming.
I think we need to start with those people who are a bit skeptical about the use and the whole idea of bitcoin. Once they are convinced, then a lot of people would be interested in using bitcoin, thereby alarming the government and forcing them to legalize bitcoin. Then what follows will be a futuristic system of transactions.
The problem that I see to this idea is that people find it hard to accept change. We need to convince those people who are skeptical about the whole idea of bitcoin, and make them realize that it is for innovation. After we have convinced the people, it would be easy to push the actual use of bitcoin.
I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.
My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?
I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)
After this problem is solved this would be my ideas, I hope you help me gather more:
Forcing things is not a good idea to start with theres no need to convince others to participate just introducing it to them is good enough bitcoin will manage somehow to have a good value through the year go by and eventually bitcoin will be acknowledged by many interested investors and companies . My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?
I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)
After this problem is solved this would be my ideas, I hope you help me gather more:
- Convince organisations like amnesty international to accept bitcoin as donations
- Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
- Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.
I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.
My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?
I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)
After this problem is solved this would be my ideas, I hope you help me gather more:
we dont need to push the usage of bitcoin,remember even banks hold physical money for depositors and store there even if how long the depositors needed to cash out,thats same principle in bitcoin is adapted.those who hold bitcoins waited for their coin to have interest for them to profit.so dont bother about it.circulation will continue even without the whole volume of bitcoin My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?
I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)
After this problem is solved this would be my ideas, I hope you help me gather more:
- Convince organisations like amnesty international to accept bitcoin as donations
- Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
- Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.
You should also include support from our government because I think that is one of the many reasons why we are not having the support or user that we need for bitcoin. Imagine if we got the support of our own government and they talk about bitcoin in news, in their conference and etc, it's my opinion but if I hear these talks in different medias I think I will get interested in it and believe in it even if it is the first time I heard about bitcoin.
I don't think goverment can support this kind of bitcoin idea of using this on our mode of payment of the country today. The president is not that open minded about it and worst if he knows this kind of trading, or freedom of online income generating website without their control; government might ban bitcoin. One thing I only believe is a certain idea of sharing bitcoin to a friend and letting then learn day by day is helpful to push bitcoin an anonymous knowledge about it. Our country is not yet ready about this, maybe in the near future it will; important is people is educated about it rather than implementing it without proper knowledge.
If you feel like it is too early to push Bitcoin in your country officially, then your idea is right in your situation. But some countries are ready to accept Bitcoin on the highest level, on the government level I mean, and we can see it already happens in South Korea, Switzerland, Japan, and several other countries are going to do the same.
We can not push anything to people to use bitcoin, this is because bitcoin is banned in different countries, if we push then I'm worried about breaking the law and we'll be imprisoned.
However it is very remarkable that in the countries on which bitcoin is forbidden, people understand very clearly the importance of bitcoin as a protection against the state, in a country like Venezuela dealing with bitcoin is forbidden but it is very obvious to their citizens the importance of bitcoin, they do not have access to dollars so the only thing they can do to protect themselves of inflation is to get bitcoin.We can only use bitcoin if all people have internet which are the common communication for the millennials. But what about older people and countries that don't accept bitcoin? If the government can recognize the positive benefit of using blockchain, I think the government itself will require its people to put it on actual use. Special today, money are being withdrawn thru ATM which are digital. Transactions will be more faster if bitcoin will be use. I think the most business will be affected here are the banks and other businesses which pays taxes to the government thats why they are not promoting it to common people. Hope in the future it will put in use in a positive way.
With various ways of introducing bitcoin, we all know that users in the world are still so small that we should introduce bitcoin to anyone in a direct way or through social media such as facebook or twitter.
Although you can introduce Bitcoin to more people but what is the benefit they will receive after invested into Bitcoin? That is the thing they want to know before invest into it. Of course, if you can show them your benefit earned from Bitcoin, they will feel interesting. 
Start accepting bitcoins yourself
Start spending BTC
It is so obvious why Bitcoin is not being used widely. It is next to impossible for a complete noob to buy in a day and transfer to another wallet and use.
That is not really important bitcoin is going to be widely accepted at some point in time, I do not care how long that takes it is inevitable and that is why I’m invested in bitcoin, as the world economies begin to struggle they are going to try the old formula of charging more taxes but that is not going to work anymore because people are going to get sick to pay more and receive less and bitcoin will be there to help them. 
If all people just keep their bitcoins in their wallets and do nothing with it, Bitcoin will have no value it will be just a number. To change this situation i believe that everyone should cerculate their BTC and trade that's how price will increase. Online shops should integrate Bitcoin payment as well. People having bitcoin have no big choice when they try to pay online since few websites accept Bitcoin.
We can not push anything to people to use bitcoin, this is because bitcoin is banned in different countries, if we push then I'm worried about breaking the law and we'll be imprisoned.
However it is very remarkable that in the countries on which bitcoin is forbidden, people understand very clearly the importance of bitcoin as a protection against the state, in a country like Venezuela dealing with bitcoin is forbidden but it is very obvious to their citizens the importance of bitcoin, they do not have access to dollars so the only thing they can do to protect themselves of inflation is to get bitcoin.
Actually, we can't push them by using it because is their choice to hold or spend their bitcoin.
Anyway, bitcoin now is very popular and well known in different areas, and it could be widely used by most. In this way, bitcoin will become highly recognized to everyone and it could help to ecourage business owners to accept bitcoin for payment in any services.
Anyway, bitcoin now is very popular and well known in different areas, and it could be widely used by most. In this way, bitcoin will become highly recognized to everyone and it could help to ecourage business owners to accept bitcoin for payment in any services.
I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.
My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?
I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)
After this problem is solved this would be my ideas, I hope you help me gather more:
There are companies who offer bitcoin gift cards. If people start using these on regular basis that itself will help bitcoin in gaining popularity. Share or exchange these tokens with others. This will definitively create momentum to gain the popularity. Apart from the people are more interested in the buying and storing the bitcoin. Initiative like these will help the actual use case of beautiful currency that is a bitcoin.My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?
I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)
After this problem is solved this would be my ideas, I hope you help me gather more:
- Convince organisations like amnesty international to accept bitcoin as donations
- Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
- Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.
Once quick transactions like credit card become reality for bitcoin then there would no stopping for bitcoin.
With various ways of introducing bitcoin, we all know that users in the world are still so small that we should introduce bitcoin to anyone in a direct way or through social media such as facebook or twitter.
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