Topic: Mainstream - page 2. (Read 3592 times)

Bills are cheaper to manufacture, gold was used as currency before.

To conclude, Bitcoin is like Gold but easy to manufacture, hence the possibility of mainstream adoption

I thought a lot about this topic. One of my conclutions: Think about, Bitcoin and Gold have common characteristics. Why hasn't Gold been reached mainstream adaption as payment section yet? It is a secure value storage since thousands of years. Because it is not practical for most of the people. Like Bitcoin it is only interested for a small group of idealists and speculators.

+1

i dont think so, it's due to the fact that they are still working with fiat too, as long as you can choose fiat, the average people will choose, it

they need to force people to use bitcoin, is the only way to fast forward the adoption

Bitcoin takes time to become mainstream, i think any company which has huge userbase, restricts its payment method to bitcoins, can have a huge impact, or if facebook enables an option where people can transfer money to others bank account using bitcoin and facebook as a mediator, it will have  a huge impact and atm it is just an unclear dream

What's the biggest shop in the world?
Amazon is the biggest online marketplace in the world so if Amazon accepted bitcoin we'd probably be moon bound.
Ebay accepting bitcoin as payment would be huge too.
There are only ever 21 million bitcoins to be mined so I pray we get some huge merchants accepting us soon.
Maybe if apple accepted bitcoin as a payment option for their apps that's be massively bullish too.

All it takes is 1 or 2 massive organisations to start accepting bitcoin & it could hopefully be a domino effect.
I'm from the UK but I bet Costco accepting bitcoin would be massively positive too.

Doesn't matter. Money is going in and out of bitcoin all the time and this is no difference, what we really need is more demand to lower the supply so more merchants are desperately needed. This whole thing about merchants exchanging their coins for cash which in turn lowers the value is a myth and based on faulty logic

The trick is having companies take btc but not having them dump it for fiat.

Many online shops accept Bitcoin.
Many retail stores accept Bitcoin too.

We didn't see it go mainstream yet.
You know why?
Because it's still too early 

One of the company that can make bitcoin popular is online shop/online market

if the online shop uses bitcoin as a payment, the costumer will know about bitcoin.

It would work great in third world countries where people can send money home to their families easily and without a large fee compared to going through banks etc.

I agree with dothebeats.  Game economies could really be a big thing by using Bitcoin.   Although, most of the companies want to profit off their in game currencies.  Man the Everquest series and Sony- Station Cash.   

Don't really have a problem with maybe alts using that market.  One of the ones I'm waiting on that will come out in Beta in mid may is Blakezone.   http://www.blakezone.com/      Game designed by the dev of Blakecoin.    Looks like a good start to me.  Good games takes lots of time to develop though.

And don't forget that fiat money is also involved in different transnational crimes and illegal activities. Money laundering, drug and human trafficking, any illegal activity that you can think of, also works within fiat. Illegal activities are more evident in fiat compared to bitcoin, and that alone would be pretty discouraging as a user of fiat if you might ask me. But oh well, people have been accustomed in using fiat, and I'm pretty sure that they will have a hard time switching to cryptos sooner or later even though fiat is more tainted with stains of evil.

Illegal activities that happened/is happening in the Deep Web and other places tainted bitcoin's image in the eyes of the people who are not yet involved in this cryptocurrency. It is bad, yes, but still it paved a way for people to search and look upon this currency. Also, we cannot deny the fact that every currency available in this world is tainted by illegal activities and crimes, which I think isn't that far from bitcoins.

^Fully aware of this, SilkRoad. Thanks for elaborating on the thread.

Exactly. The above-mentioned scenario could drastically increase the demand for bitcoins because companies are using it as wages for their employees. Also, if it sees widespread adoption, using bitcoins as a payment for day-to-day transactions would only be a normal scenario for us.


Illegal activities that happened/is happening in the Deep Web and other places tainted bitcoin's image in the eyes of the people who are not yet involved in this cryptocurrency. It is bad, yes, but still it paved a way for people to search and look upon this currency. Also, we cannot deny the fact that every currency available in this world is tainted by illegal activities and crimes, which I think isn't that far from bitcoins.


Gaming companies could really help bitcoin gain a wide-audience due to the impact of their games in the masses. If in-game items and currencies can be purchased with bitcoins, then there will be another option for hardcore gamers to pay for their top-ups and accessories in-game. Personally (without bias and stuff like that), I would use a payment system that would really help me get my desired items in-game without hassles and issues. The fast transaction that is present within the bitcoin network could help me achieve my goal, and as a gamer, I wouldn't want my games to be delayed by waiting for what I pay for; I would always want to be in every action there is with top-ups that could help me play with ease and advantage over the others, and I think bitcoin would probably help me in that.

I always thought gaming with a large fan base will be the one making the difference especially when it is adopted as an in-game currency. Or another potential area is the trading marketplace where bitcoin is one of the payment currency. Either way both will have the largest impact considering the volume to attract new users who will be spending a lot

Well someone uses drugs

Create an impenetrable online pharmacy that requires no prescription and is open to everyone worldwide and the Bitcoin dream will be realized.

I would add that if/when Bitcoin goes mainstream it will be common to be paid for jobs in bitcoin. Once people are accustomed to receiving bitcoin they will eventually be accustomed to spending bitcoin too. No longer would exchanges be so necessary, except for the day-traders and hedging investments.

I think companies that operates in the adult or gambling industry, there is the money.