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Topic: the reality of bitcon adoption - page 2. (Read 1756 times)

full member
Activity: 182
Merit: 100
May 04, 2014, 05:08:04 PM
#10
I'm a 47 year old, white male. I was raised on a farm and have been a farmer most of my life and I graduated from high school in the 80's, before the internet. I have no further education than that. I also worked in a large steel mill for a lot of years, and still work in the steel industry today.  I own Bitcoins.   It's people of my demographic that are going to make or break Bitcoin. Adoption will happen but, it will be very slow unless people can get the message out there more. Most people I know have heard of Bitcoin but, know very little about it, and what they think they know is usually the bad stereotypical stuff.
It's nice that you own bitcoin, you're a totally different demographic than the usual internet geek who hopped on the train early, but I don't think at this point any particular group themselves will "make or break" bitcoin. Bitcoin will always find a level of existence at its reflective level of adoption.

As of 2014, bitcoin belongs to the innovators, early adopters, internet geeks, and trading speculators. As more and more businesses open themselves to bitcoin, the adoption and technology will just keep on expanding.
sr. member
Activity: 249
Merit: 250
May 04, 2014, 04:38:19 PM
#9
i don't like it when people make bitcoin comparisons to the internet. they are not the same thing. while bitcoin has promise, the internet is a portal to the world wide web. bitcoin is a currency system. the internet is a utility, which means it's pretty important to have; people view bitcoin as more of an luxury or accessory.

LOL

You don't understand technology, it is quite evident.
sr. member
Activity: 434
Merit: 250
May 04, 2014, 04:35:59 PM
#8
i don't like it when people make bitcoin comparisons to the internet. they are not the same thing. while bitcoin has promise, the internet is a portal to the world wide web. bitcoin is a currency system. the internet is a utility, which means it's pretty important to have; people view bitcoin as more of an luxury or accessory.
legendary
Activity: 4424
Merit: 4794
May 04, 2014, 04:28:49 PM
#7
i have heard the too early excuse too and here is why:

i think bitpay should not be advertised for area's where little bitcoin commerce will happen. since they moved over to subscription based many merchants do not want to pay a monthly fee before knowing how much volume they will take. so please only mention bitpay for established merchants that know an idea of how much bitcoin they process. inform unsure merchants about other methods of fiat cashing out or bitcoin acceptance and hoarding methods.
sr. member
Activity: 448
Merit: 250
May 04, 2014, 04:23:57 PM
#6
bitcoin needs advertising.
suppose if one day bitpay is big enough to be a sponsor of the champions league in Europe like MasterCard is, that would completely change people's perception of bitcoin and probably help drive adoption through the roof.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
May 04, 2014, 04:21:43 PM
#5
we are all early adopters right now.
sr. member
Activity: 350
Merit: 250
I never hashed for this...
May 04, 2014, 04:09:21 PM
#4
After today's NASCAR race my boss (we design custom high-performance auto parts) talked about accepting DOGE. Funny times
full member
Activity: 175
Merit: 100
May 04, 2014, 04:05:29 PM
#3
I'm a 47 year old, white male. I was raised on a farm and have been a farmer most of my life and I graduated from high school in the 80's, before the internet. I have no further education than that. I also worked in a large steel mill for a lot of years, and still work in the steel industry today.  I own Bitcoins.   It's people of my demographic that are going to make or break Bitcoin. Adoption will happen but, it will be very slow unless people can get the message out there more. Most people I know have heard of Bitcoin but, know very little about it, and what they think they know is usually the bad stereotypical stuff.
legendary
Activity: 1218
Merit: 1007
May 04, 2014, 02:16:48 PM
#2
Adoption now is good, but be prepared that transitions WILL have to be made. There is still a lot of work to do. I hope that it goes well, but we'll see if it turns into an investment pit, with few actual transactions being made...
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
May 04, 2014, 02:09:23 PM
#1
Today I asked a relative of mine who owns commercial real estate
if they would consider taking Bitcoin payments.

They said that it is too early.  It might work somewhere
like, say, San Francisco, but most of their tenants don't
even know what Bitcoin is.

So bottom line is, we are VERY early in the Bitcoin
game.  That means 1. there is a lot of work to do,
and 2. its still a great opportunity to be an early adopter.
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