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Topic: We need an incentive to make first world population use Bitcoin - page 5. (Read 3751 times)

legendary
Activity: 1120
Merit: 1012
There already is an incentive, it's just that your typical debt slave doesn't care about that incentive in the slightest.

Guess what, that's OK. Every transaction does not need to be censorship-proof as long as the option exists.

Bitcoin's barrier to entry is having the appropriate level of understanding to realize that there is a need for a system of value transfer that is outside of the reach of those who would choose to exert control over everything. Most people don't understand this. Quite the opposite, most people favor those controls as long as they are fed the line that it's put in place to fight bogeymen. Anyone who is willing to sacrifice their freedom for alleged temporary security has no reason to use Bitcoin.
legendary
Activity: 4424
Merit: 4794
Maybe the incentive will be the first world observing lesser worlds having an explosion in commerce due to crypto.

agreed,,
why waste efforts trying to convert 320m americans 64m brits. 700m europeans
when aiming for 1.2bill africans, 1.2bill indians, 4.5billian asians would hlp the world more. while having less resistance due to the lack of corporate control there
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Maybe the incentive will be the first world observing lesser worlds having an explosion in commerce due to crypto.
legendary
Activity: 4424
Merit: 4794
the main objection people have against bitcoin is simple
"what can i do with bitcoin once i have it"

so the obvious solution is to make bitcoin spendable. eg if you can buy toilet paper, car gasoline and baked beans. (travel, food, toiletries) then everyone will see bitcoin is not just speculative but actually real and useful.

yes i know people say that bitcoin should be a reserve currency and other currencies should be the daily spend currencies. but those people do not care about bitcoin and only want buyers to buy and hold so that sellers can sell at a profit back into fiat.
greed and narrowmindedness of just wanting a fiat increase could make bitcoin useless and eventually cave in on itself.(pump&dump coin)

by making it useful by expanding capacity and keeping the fee's low and having lots of merchant acceptance. would increase bitcoins popularity and gain more users which (side-effect: will increase the greedy fiat price).. will actually make bitcoin stronger and not cave in on itself.

in short
dont lazily advertise bitcoin as a speculaive reserve currency, purely for a price pump. actually realise bitcoin needs to grow and expand to gain real world popularity and usefulness. then everyone can be happy and bitcoin can be stronger.
dont fall for the sidechain for daily spend strategy. it wont help bitcoin
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
Your points are a good ones and I've always said it's silly to buy BTC just to spend it.  And I'm totally cool with it being digital gold. 

Even if we we paid in bitcoin, stuff is still priced in fiat--rent, utilities, phone bill, and the local adult bookstore are all fiat-only.  And then there's still the problem of volatility,  which makes people not want to spend it. 
legendary
Activity: 910
Merit: 1000
Surely, any kind of incentives are welcome regardless of what kind of population are we talking about. However, is this necessarily the best approach? What happened to spreading the awareness of the corrupt system? Generally, I think a combination of awareness and incentives/services/merchants is required in order to make Bitcoin more desirable.

This is why we need an incentive, such as cheaper prices. Purse.io is the only reason I know of why I would want to pay with BTC. Other than that, I see no reason and I value my BTC too much to spend on "stuff".
A decent amount of services offer discounts on Bitcoin purchases. What I see lacking is primarily Ebay/Amazon/Google/Apple/Samsung. Once you have those on-board, you get an access to wast amount of content without having to go through intermediaries (e.g. buying gift cards somewhere, or asking people to buy stuff for you).

But until then, like I said before, I don't see real reasons of why the average joe is going to pay with BTC, specially when they don't get paid in BTC, because if you get paid directly in BTC you are more prone to spend it, since you don't need to do the stupid fiat->BTC->buy conversion.
You make a fair point, but the solution to this 'problem' isn't a simple one either. It would be great if there was a possibility to opt-in for a salary in Bitcoin.

The salary in bitcoin is been discussed even other times in another thread but my point here is that only first world countries citizens can opt for such a thing. I think this can opt to be paid like 75% in cash for their spendings and their normal life and 25% in bitcoin. They are the only ones who can do it as I think anyone of such countries can make at least 25% of savings from their monthly payroll. I agree with you that this is not easy to do but its the only option to make salaries in bitcoin a reality.
legendary
Activity: 2674
Merit: 2970
Terminated.
Surely, any kind of incentives are welcome regardless of what kind of population are we talking about. However, is this necessarily the best approach? What happened to spreading the awareness of the corrupt system? Generally, I think a combination of awareness and incentives/services/merchants is required in order to make Bitcoin more desirable.

This is why we need an incentive, such as cheaper prices. Purse.io is the only reason I know of why I would want to pay with BTC. Other than that, I see no reason and I value my BTC too much to spend on "stuff".
A decent amount of services offer discounts on Bitcoin purchases. What I see lacking is primarily Ebay/Amazon/Google/Apple/Samsung. Once you have those on-board, you get an access to wast amount of content without having to go through intermediaries (e.g. buying gift cards somewhere, or asking people to buy stuff for you).

But until then, like I said before, I don't see real reasons of why the average joe is going to pay with BTC, specially when they don't get paid in BTC, because if you get paid directly in BTC you are more prone to spend it, since you don't need to do the stupid fiat->BTC->buy conversion.
You make a fair point, but the solution to this 'problem' isn't a simple one either. It would be great if there was a possibility to opt-in for a salary in Bitcoin.
legendary
Activity: 1358
Merit: 1014
Im not including third/second world because I think eventually people that don't have access to banks will naturally see Bitcoin as the solution, but as of right now, the average person in a first world country in a regular situation, if they learn about Bitcoin they will threat it as something that is worth holding long term, like gold, but not something that's worth paying groceries for with, or anything ordinary. I mean, why would anyone pay something you can buy with fiat already, without having to change your fiat to BTC, losing money in the conversion?

This is why we need an incentive, such as cheaper prices. Purse.io is the only reason I know of why I would want to pay with BTC. Other than that, I see no reason and I value my BTC too much to spend on "stuff".

Therefore it is established that we need to incentive people to use it.

If we can't find any ways to do so, Bitcoin will remain as a new form of electronic gold with special features, maybe until "Government Coin" is launched and millions of people start looking for alternatives (since with "Government Coin" it will mean physical cash, that is paper and metal coins, will be removed from circulation, this may be the point where Bitcoin goes to 100k+ per coin, since the entire underground economy will not simply stop existing, but it will find its way for alternatives, and Bitcoin will be the best alternative)

But until then, like I said before, I don't see real reasons of why the average joe is going to pay with BTC, specially when they don't get paid in BTC, because if you get paid directly in BTC you are more prone to spend it, since you don't need to do the stupid fiat->BTC->buy conversion.
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