Topic: Increasing btc adoption (Read 941 times)
its just waste of time stop this
I prefer titles which are reflective of the content and are indicative of some level of intelligence
I prefer titles which are reflective of the content and are indicative of some level of intelligence, and even sound scholarly, such as "On methods to improve the adoption of Bitcoin". I only read enough of the post to make sure my improved title was on track. Otherwise, I lost interest because I felt the post would be immature and unintelligent due to the title and the first sentence.
(I did not read everything though)
me too 
The title does not reflect the content + you are not going to improve btc development with that (I did not read everything though)
Yea fucker I got your attention. Now right now you may be having one of two thoughts - what could this possibly be about?
ADOPTION - I would like to increase btc adoption. To increase adoption more people need to be willing to use it. Willing to use it? "But its like still pennies on the pennies of what it could be!?" People refuse to use bitcoin for fear that it will be worth 2, 3, 10 times its current store of value in the next 3 - 5 years. Even it we were to build up a whole bunch of incentives as to why it would be the killer crypto for use within a mobile application or to pay your car insurance or to a dentist bill, the fact of the matter is that if I'm holding 10 btc that could be worth 10,000 USD in 3-5 years, I would rather hold it than to convert it to 1200 USD today. 2-4 more price inflation bubles need to happen that will bring the price to its artificial high then drop so that the market can better acertain a "fair market value" for btc.
Another way that they could perceptively be increased in value is if we increase the esteem of holding them - such that by being heltd they could be perceived as a solid store of value that cannot be seized or shut down by a 3rd party or government entity. I think I read somewhere that a suprising big way that bitcoins are used now is as a mechanism to provide donations - perhaps if mainstream charities got involved and accepted bitcoin then it would stir up positive media buzz.
Comments or criticisms welcomed...if you got this far...good job BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC for all
ADOPTION - I would like to increase btc adoption. To increase adoption more people need to be willing to use it. Willing to use it? "But its like still pennies on the pennies of what it could be!?" People refuse to use bitcoin for fear that it will be worth 2, 3, 10 times its current store of value in the next 3 - 5 years. Even it we were to build up a whole bunch of incentives as to why it would be the killer crypto for use within a mobile application or to pay your car insurance or to a dentist bill, the fact of the matter is that if I'm holding 10 btc that could be worth 10,000 USD in 3-5 years, I would rather hold it than to convert it to 1200 USD today. 2-4 more price inflation bubles need to happen that will bring the price to its artificial high then drop so that the market can better acertain a "fair market value" for btc.
Another way that they could perceptively be increased in value is if we increase the esteem of holding them - such that by being heltd they could be perceived as a solid store of value that cannot be seized or shut down by a 3rd party or government entity. I think I read somewhere that a suprising big way that bitcoins are used now is as a mechanism to provide donations - perhaps if mainstream charities got involved and accepted bitcoin then it would stir up positive media buzz.
Comments or criticisms welcomed...if you got this far...good job BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC for all
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