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Topic: is bitcoin getting rebranded as the blockchain? - page 3. (Read 3102 times)

legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Classic case of fooling people into using something with a more neutral piece of nomenclature. There are already some fancy ass services using bitcoin as their backbone with zero mention of that actual word.

If you want to get shit done then you need the strongest and most established blockchain. The only reason not to use Bitcoin is its negative perception with the uninformed. You can bypass all of it by using 'blockchain' instead and everyone wins.
legendary
Activity: 3620
Merit: 4813
legendary
Activity: 1442
Merit: 1188
What do they want, a centralised blockchain? i'm not getting exited about that idea.

a new decentralised blockchain? how will they do that?

If they want to use the blockchain they need Bitcoin, they know that right?

Ore is it they wont tell the media they love Bitcoin also, that wil trigger a huge rally and burns there planning? Bitcoin got so much power, it make sence tho.

Good question from OP, i'm gonna think about it for some time.


As I understand they are going to use THE blockchain which will require bitcoins to transact. I'm thinking tge units currenly known as btc will be renamed blockchain shares or packets
newbie
Activity: 22
Merit: 0
With NASDAQ entering the use of the blockchain tech, possibly so.
https://www.cryptocoinsnews.com/nasdaq-details-upcoming-use-bitcoins-block-chain-tech/
legendary
Activity: 3620
Merit: 4813
What do they want, a centralised blockchain? i'm not getting exited about that idea.

a new decentralised blockchain? how will they do that?

If they want to use the blockchain they need Bitcoin, they know that right?

Ore is it they wont tell the media they love Bitcoin also, that wil trigger a huge rally and burns there planning? Bitcoin got so much power, it make sence tho.

Good question from OP, i'm gonna think about it for some time.

hero member
Activity: 560
Merit: 500
I think branding Bitcoin as "The Blockchain" is actually a positive move for the short term.

As an example, my company, Vector Interactive Group (www.vectorinteractive.net), just recently produced the following 4k video for iNation (please don't troll our client!). 

https://youtu.be/EG5iEhyNuq0

I chose to use the Bitcoin symbol in the video while using the term, "Blockchain" in the voice over.  My reasoning?  When trying to reach a mainstream audience, one has to remember that they have been bombarded with negative sentiment (and sometimes flat out lies) about Bitcoin in the mainstream press.  "Bitcoin has crashed," "Bitcoin is used by Criminals to Buy Drugs," "The CEO of Bitcoin died," "Bitcoin is a ponzi scheme," etc.  In effect, these people have been primed to ignore Bitcoin. So if you come out and say, "Bitcoin," your promotion will probably fall on deaf ears.

So in order to turn the tables around you have to be sneaky and give them a reason to do their own research.  Self discovery is very powerful and can undo the negative sentiment.  If they already understand the power of the blockchain, chances are they already did their research and understand the merits of Bitcoin. If they don't know what the blockchain is, they will be primed to do their own research and inevitably reach the same conclusions as those in the Bitcoin community. 

The more people start trusting the blockchain, the more people will start trusting bitcoin.

That's my two bits
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Blockchain technology is awesome, extremely powerful and free.

Bitcoin is a coin using that technology. It's as powerful as we keep it.
Bitcoin's blockchain is the strongest blockchain, with most users, most copies and biggest computing power to sustain it.
Whoever wants to use the safest blockchain will have to use Bitcoin.
The others will make cheap copies for themselves.

It's normal. We also have 1001 clone coins and nobody felt that Bitcoin is left behind.
Why now?
legendary
Activity: 3248
Merit: 1072
this is was my worry of which i was talking in another thread, it appears that every big is looking only at the bitcoin technology, the blockchain, but not at the bitcoin itself, something like this can obscure too much bitcoin and drop it on the back burner

legendary
Activity: 1442
Merit: 1188
Lately I've been noticing that people love the blockchain but not bitcoin. Nasdaq wants to use the bitcoin blockchain but not bitcoin... will the term bitcoin get left behind? Will the new term for unspent outputs on the blockchain be renamed to bllockchain shares or blockchain packets? If so domain speculators should get. Buyblockchains.com or similar
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