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Topic: My ideals on how to promote Bitcoin in my locality - page 2. (Read 507 times)

legendary
Activity: 2408
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It would be good if religious leaders support Bitcoin. But why will they do it is the bigger question. I don't think that would be easy. Since bitcoin is a very volatile cryptocurrency, investors could lose money. So who will bear the blame for such a loss? Religious leaders endorsing Bitcoin may also bring up moral and legal issues, such as whether they should be involved in promoting financial investments and the possibility of conflicts of interest. As a result, I don't think this is a good idea and it won't happen.
sr. member
Activity: 2100
Merit: 309
I don't think with religious leader as great role model for promoting about Bitcoin but also many kinds or person have potential promoting Bitcoin and get enthusiast respond from your citizen. No doubt with religious person or leader because they have many follower and will allow what his recommended for investing in Bitcoin or not.

Honestly, your country Nigerian have good respond and many people excited with investing in Bitcoin, actually I got information about your money withdrawal in the bank has limit. Adopting Bitcoin and keep promote it will give freedom about your assets or your money controlling by your self without having any third party like the Bank.
legendary
Activity: 3248
Merit: 1402
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I've seen examples of Bitcoin events being held at churches, kind of like an educational thing. I've also seen someone clear out the matter of Bitcoin being okay in Islam. I know many people here aren't religious, and I don't consider myself religious either, but a huge part of the world is covered by major religions like Islam and Christianity, so pro-Bitcoin positions of religious leaders and Bitcoin education in churches and mosques could actually make a big difference in terms of adoption. As long as it's not preached to be a gift of God (because this way many will be disappointed when Bitcoin loses value and many might be outraged by such radical claims), I think it's a good thought.
hero member
Activity: 700
Merit: 673
What I'm thinking is, if churches spread bitcoin and people invest in bitcoin and lose, what will they think of that religion. I would oppose this idea.
According to the OP, the church or any religious leaders are not going to persuade their congregation to invest in Bitcoin or any other crypto; rather, the religious leaders are creating awareness of the crypto, allowing their followers to have the knowledge if possible, teaching them the fundamentals, the risks involved, and what they stand to gain, and at the same time making everyone know that the risk is higher than what they can achieve, but the existence of the currency is real. So it's left for the members to make their own decisions on what step to take. If they are to engage and make massive incomes, they will be excited, but if it falls to their disadvantage, most of them will blame the person who gave them the information. That's just human nature.
 
legendary
Activity: 1932
Merit: 1273
I have read through each members thoughts, and suggestions regarding this ideas, I really appreciate, the religious leaders which am specifically referring to are those which are already aware of the currency Bitcoin, and they are not to advice there members on when to invest and when not to invest in Bitcoin but they are just letting them know of Bitcoin existence both advantages and disadvantages putting into consideration.  it's now left for the followers/members to decide wither or not the risk is worth taken
have seen a similar video on YouTube video
were Christian Religious leader was emphasizing about Bitcoin.

The video you referred to does not emphasis on bitcoin instead it's a general cryptocurrency and especially Metaverse. The caption is also mentioning another coin besides bitcoin.

Pretty much it is preaching, which is not an ideal goal. If you truly want to promote bitcoin, then simply talk about the direct utilization or benefit of Bitcoin within your communities. Contrasted to the video example which has a hidden narrative of persuading crypto investment, guiding people to discover learning resources or materials of bitcoin are way more beneficial compared to that kind of method as in the video.
legendary
Activity: 1176
Merit: 1005
crunck
It's not enough just to promote bitcoin, you need to teach them the basics of bitcoin, if you just want to tell people that bitcoin exists on earth and that's it, there are better ways to promote it. What I'm thinking is, if churches spread bitcoin and people invest in bitcoin and lose, what will they think of that religion. I would oppose this idea.
hero member
Activity: 2912
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I have read through each members thoughts, and suggestions regarding this ideas, I really appreciate, the religious leaders which am specifically referring to are those which are already aware of the currency Bitcoin, and they are not to advice there members on when to invest and when not to invest in Bitcoin but they are just letting them know of Bitcoin existence both advantages and disadvantages putting into consideration.  it's now left for the followers/members to decide wither or not the risk is worth taken
have seen a similar video on YouTube video
were Christian Religious leader was emphasizing about Bitcoin.
If it was about providing information about the whereabouts of bitcoin, religious leaders could do it to people who come to church or mosque. After all, the religious leaders don't insist that their congregations follow what they are doing and invite them to learn more about bitcoin.

That's what people who know about bitcoin and want to introduce bitcoin to others should do. They can explain what bitcoin is and how to use it, but for other things, like when people can start investing, it's up to each person.
copper member
Activity: 1316
Merit: 715
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Doesn't promoting Bitcoin through a church sound wrong to you lol? Knowing the fact that people can lose their life savings if they went in without knowing what they're doing.

You are absolutely right. Promoting investment in any trade-able asset including Bitcoin can be problematic for the people who are not well-informed & don't understand the risk involved with it due to its volatile nature which can lead to loss of their life time savings. It is important for anyone promoting investment in crypto currencies to provide them comprehensive information so that they can make informed decisions.
sr. member
Activity: 714
Merit: 347
Spreading bitcoin is not an easy thing, especially for people who don't really understand technology.
we have to slowly teach it, so that people understand and understand about bitcoin.
and teaching bitcoin through religion is not a bad thing, especially the leaders who teach it.
but keep in mind that teaching bitcoin through religious channels must be more significant.

Yeah, I agree with you there mate, it's hard to get people in local areas to understand bitcoin, especially the illiterate, because many of the people who leave the locality area are illiterate and have no real knowledge of technology or things like investing, and religious leaders of the mosque or church, they can't force people or advise them to invest in bitcoin because when they need financial assistance and the market crashes, it can cause a lot of problems between the area and the religious leaders.
full member
Activity: 560
Merit: 100
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I read through your lines and sincerely your ideas are really good on how you wish to promote Bitcoin in your locality,
Considering through the religious ways you mentioned,it will be of help to members of the religion that will have a thorough understanding of your teaching concerning Bitcoin.
 but my question is,

Are the people willing to learn about Bitcoin,

If they incure losses hope you won't be blamed for it,
(Because we all know how Bitcoin is, rising and falling of it rate)

Is Bitcoin accepted in the religious practice

Please ask yourself this question before engaging yourself in the teaching..
hero member
Activity: 1316
Merit: 787
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There are so many ways Bitcoin can be promoted especially here in Nigeria and wold wide.
Firstly religious leaders play a very interesting roles in the life of people and are seen as role models and mentors some see them as a father figure, so what ever this set of people tell there followers that is what exactly they will all do.
With the numbers of churches and mosques that we have I know if Bitcoins is been enlightened to us through this regions then people will trust and believe in BTC, Bitcoin will surely go more far and spread wide with this ideas.
Secondly Bitcoin is better than saving in a bank because it appreciate while it is been saved in our wallets and it is also an investment, so many people complain from there day to day activities with the local banks of been debited without cause and reducing the expected savings this is not a good reputation and Bitcoin has solve this aspect of issues, with the security of wallets, hard ware and software wallets fraud is been reduced making both the old and the young to believe that they are saved from been scammed through BTC.

#Just my thoughts.
It will not work optimally if promotion is done through religious channels. I understand the point of your good thinking that is trying to share thoughts on how to promote Bitcoin widely, but there are many other paths we can take to do so.

Maybe in your country Bitcoin is acceptable and can be easily promoted, but there are countries that still limit crypto activities and there may even be countries that prohibit any type of activity.
Things like this must also be included in our minds when we try to think about the right method of promoting Bitcoin.

Religious leaders are better off focusing on activities that lead to human self-change for the better for themselves and for their country.
This is just my thinking too.
jr. member
Activity: 242
Merit: 7
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I have read through each members thoughts, and suggestions regarding this ideas, I really appreciate, the religious leaders which am specifically referring to are those which are already aware of the currency Bitcoin, and they are not to advice there members on when to invest and when not to invest in Bitcoin but they are just letting them know of Bitcoin existence both advantages and disadvantages putting into consideration.  it's now left for the followers/members to decide wither or not the risk is worth taken
have seen a similar video on YouTube video
were Christian Religious leader was emphasizing about Bitcoin.
hero member
Activity: 3066
Merit: 629
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As much as I do understand how effective it is when a religious leader speaks, I find it odd when I hear from them that they're talking about bitcoin.
In the church where I am part of, I've heard two of the preachers speak about it and one is near the high authority and disagrees with bitcoin and really spoke about it as a scam. I was very sad upon hearing that because it's obvious that he needs more knowledge about bitcoin.
While the other one spoke about it as a sort of online payment method and didn't hear something negative about it. That's why if someone thinks of this idea, it's better to remain as an idea.
hero member
Activity: 700
Merit: 541
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I would disagree, I would vehemently oppose this idea. Church is a sacred place of worship where we find peace, we should not bring work and money into it to spread the word. After all, bitcoin is just money, a form of investment like forex or stock, there will be many people who need it but also many people who don't need it. If this spreads in the church, it will only cause controversy, division, not good for the church and religion.

I just have a question for you; does Bitcoin in anyway contradict the teaching or doctrine of a church or mosque?
I don't see anything bad teaching the followers of a certain  religion about Bitcoin. And I have seen so many programs being organized in Churches and mosques that are not even related to what they were supposed to learn at churches or mosques.

You could organise a seminar at the end of every service so that those that are interested can attend and learn what is to be taught and I don't see this strategy affecting the church or mosque in any way.
hero member
Activity: 1960
Merit: 547
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I don't know if it is a good idea to spread bitcoins in churches or mosques because maybe there are some people who reject this idea on the grounds that churches or mosques are places of worship. Maybe it will be okay after they worship because they don't do other things. But if @OP thinks it's a good idea, he might as well try it while thinking of other ways to spread bitcoin in his neighborhood.

Providing an understanding that bitcoin is a type of investment that they can use to make a profit is a way that they can use to enlighten people who don't understand bitcoin so they don't think that bitcoin is a scam. But don't rush them to start investing and saving their money in bitcoin because bitcoin might be something new for them.

I would disagree, I would vehemently oppose this idea. Church is a sacred place of worship where we find peace, we should not bring work and money into it to spread the word. After all, bitcoin is just money, a form of investment like forex or stock, there will be many people who need it but also many people who don't need it. If this spreads in the church, it will only cause controversy, division, not good for the church and religion.
full member
Activity: 560
Merit: 141
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Passing through the religious section might be effective a little bit, not only did I hear but I have seen so many people doing unthinkable things just because their religion leader instructed them to do so.
But before something like this can work it means those head of the religion has to be aware of what Bitcoin is and also know a little bit of how the process works, that way it will be more easier to convince the congregation to adopt Bitcoin.

Secondly Bitcoin is better than saving in a bank because it appreciate while it is been saved in our wallets and it is also an investment,

Don't forget that Bitcoin is volatile meaning it can also depreciate. If you intend to go one with this initiative of yours then you probably should prepare the mind of those you want to enlighten about Bitcoin. If you decides to tell them only about how Bitcoin value can appreciate what then will happen when it starts depreciating and you and I know that those you have spoken with concerning Bitcoin are definitely going to tag you and Bitcoin as a scam.

All I'm trying to say Op is that what ever you do don't just tell people about the advantages /benefits of that thing alone try to also add the disadvantages/risk-involved to it, if they decide that they're cool with it then that's fine rather than them discovering it the hard way.

Addin to this, publishing of Bitcoin to others you need to organise a seminar for them and enlighten them, educated them about bitcoin and how it been processed.
We all know try to educate others to invest in bitcoin you need to explain everything to anyone you are passing the information so as them to understand what you are try to inculcate into them.

While telling them about how it's profitable and how appreciative it can be of a help to them,you also need to make them know the advantage and disadvantage and risk that follows not only the profitable aspect of it,you and I know that in life anything that has advantage also has a disadvantage too.
hero member
Activity: 2604
Merit: 816
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I don't know if it is a good idea to spread bitcoins in churches or mosques because maybe there are some people who reject this idea on the grounds that churches or mosques are places of worship. Maybe it will be okay after they worship because they don't do other things. But if @OP thinks it's a good idea, he might as well try it while thinking of other ways to spread bitcoin in his neighborhood.

Providing an understanding that bitcoin is a type of investment that they can use to make a profit is a way that they can use to enlighten people who don't understand bitcoin so they don't think that bitcoin is a scam. But don't rush them to start investing and saving their money in bitcoin because bitcoin might be something new for them.
hero member
Activity: 1120
Merit: 887
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Religion is such a sensitive issue that the use of religious leaders in promoting or creating awareness about volatile assets should be given a rethink. This stance, echoes that of the users on this platform. As someone who wants to promote bitcoin in your community, you should consider collaborating with local businesses to accept bitcoin as a form of payment. In the long run, it will help spread the word about the use of bitcoin in your community, thereby creating awareness about it. To add, you can organize events and workshops in your community that will educate people about Bitcoin. During this event, experts can be  invited to speak about the topic, and room can be given to the locals to ask questions and share their thoughts freely.
hero member
Activity: 2366
Merit: 594
It is mostly easy to spread the word if a pastor or someone in the religious organization or church talks about bitcoin, but make sure that the risk is also mentioned because the way you treat bitcoin is like an investment with no risk involved. It doesn't mean that if you hold it, you will earn profit easily as it increases over time, but the truth is that there are a lot of ups and downs. Also, the purpose of spreading awareness of Bitcoin shouldn't only be about investment but also about transacting on it, like sending and receiving.
copper member
Activity: 2156
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Don't forget that Bitcoin is volatile meaning it can also depreciate. If you intend to go one with this initiative of yours then you probably should prepare the mind of those you want to enlighten about Bitcoin. If you decides to tell them only about how Bitcoin value can appreciate what then will happen when it starts depreciating and you and I know that those you have spoken with concerning Bitcoin are definitely going to tag you and Bitcoin as a scam.

All I'm trying to say Op is that what ever you do don't just tell people about the advantages /benefits of that thing alone try to also add the disadvantages/risk-involved to it, if they decide that they're cool with it then that's fine rather than them discovering it the hard way.

If you talk about the price, yes the bitcoin in theory can depreciate especially when it comes to Bear Market and long crypto winter like this. But in fact, if we look at the bigger picture Bitcoin price is against Inflation meaning is still good for the store of value.

But still they need to tell the Risk by using bitcoin or other crypto form since if we deposit to the bank the value remain same but when in form of bitcoin the value can be high or low.

The OP need to tell all the risk before ask other people join but the intention is good
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