Pages:
Author

Topic: What if, we advertise bitcoin on T.V.? - page 145. (Read 48038 times)

legendary
Activity: 1470
Merit: 1079
TV can be good media to reach wide range of possible bitcoin users but running tv ads will cost so much and nobody want to pay those money from their pocket.

There will be no any incentive for the one who will pay for those ads. However I think we may see some tv ads in near future from bitcoin related local services in few countries to promote their services.



Absolutely, since bitcoin is open source, no one in particular is going to make any profit  promoting bitcoin through TV ads solely as a currency. The legality of bitcoins is an issue, in most countries bitcoins has not been declared illegal, but still they have not accepted it as a legal currency. Might be due to this even the most die hard bitcoin enthusiast with some spare bitcoins would think twice before going forward with bitcoin as a currency TV commercial idea.

But, promoting bitcoin as means of a payment system through TV ads for services is safe. For example this Bitpay ad, https://youtu.be/Rm7wgmwKiAk

Bitcoin even made a special appearance in Deadpool. So bitcoin is catching up.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
they have already done that in some TV programs when they talked about bitcoin and what it is, and I once saw a program do a QR code giveaway kind of deal on TV.

none of it is going to help as much as you and I stop hoarding bitcoin and start spending it. because as we begin using bitcoin more as a currency, the more merchants will be willing to accept it as a payment and eventually the growth speeds up and we can see new kind of adoption. meaning real bitcoin users not more speculators.
legendary
Activity: 924
Merit: 1000
Very bad idea with a "civil war" ongoing.
legendary
Activity: 966
Merit: 1006
TV can be good media to reach wide range of possible bitcoin users but running tv ads will cost so much and nobody want to pay those money from their pocket.

There will be no any incentive for the one who will pay for those ads. However I think we may see some tv ads in near future from bitcoin related local services in few countries to promote their services.
newbie
Activity: 58
Merit: 0
I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't if know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?

I guess the main problem is that bitcoin is open-source, community driven... Altough there are some bigger players on the market.
I think this would make it incredibly difficult to get a concensus on which add would be shown, as well as finding sponsors to foot the bill. TV ads aren't cheap Wink

But yes, IF there would ever be a concensus about showing a TV ad, and we would find somebody footing the bill, i think it would give BTC and incredible boost. In my country, most people still think bitcoin is only used by criminals, they always give me a strange look when i tell them i have some btc to.
sr. member
Activity: 546
Merit: 255
I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
Pages:
Jump to: