Would having a Debate like: Bitcoin vs Gold win more crypto investors

SimpleMan

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Quote from: doomloop on May 06, 2021, 12:32:20 PM

Quote from: Woodie on April 29, 2021, 02:09:12 PM

Do you think such a debate would bring more investors into the crypto world?

Definitely. I have no doubts at all. Such interview/debates are always helping bitcoin world to be growing into new levels as such debates are bringing new investors on board. Promotions are always good for making more people to adopt and I am seeing these debates are kind of promotions for bitcoins.

Even some people do not get convinced on hearing about bitcoin for the first time, they will get back to know more about bitcoins if they come across if bitcoin gets into higher prices like $100k or anything similar. So, having this kind of debate is very important.

But the price debate shouldn't be the main motivation for newcomers to get into touch with cryptocurrencies. The financial incentive does play a role, but if they willing to put in the effort and develop a decent understand of cryptocurrencies they are much more likely to turn into real Bitcoin supporters. That's why debates are important, but those talking in favor of Bitcoin need to be good at breaking down complex theory into practical knowledge.

It's only when there is a lot of hysteria in the market that google searches shoot up and many of those interested are rather watching out for a quick buck than about understanding Bitcoin in depth.

doomloop

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Quote from: Woodie on April 29, 2021, 02:09:12 PM

Do you think such a debate would bring more investors into the crypto world?

Definitely. I have no doubts at all. Such interview/debates are always helping bitcoin world to be growing into new levels as such debates are bringing new investors on board. Promotions are always good for making more people to adopt and I am seeing these debates are kind of promotions for bitcoins.

Even some people do not get convinced on hearing about bitcoin for the first time, they will get back to know more about bitcoins if they come across if bitcoin gets into higher prices like $100k or anything similar. So, having this kind of debate is very important.

Ebede

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Quote from: Woodie on April 29, 2021, 02:09:12 PM

I saw some news article on kitco.com (video interview) titled "Frank Giustra challenges Michael Saylor to gold vs Bitcoin debate" and from the video interview kitco had with Frank Giustra who happens to be a gold guru called out Michael Saylor who happens to be a crypto to a gold vs Bitcoin debate.

Do you think such a debate would bring more investors into the crypto world?

Debate is not a criteria to know the best option of valued anything, debating can be another way of making something to be well known around the geographical region.

perfect999

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Quote from: Woodie on April 29, 2021, 02:09:12 PM

I saw some news article on kitco.com (video interview) titled "Frank Giustra challenges Michael Saylor to gold vs Bitcoin debate" and from the video interview kitco had with Frank Giustra who happens to be a gold guru called out Michael Saylor who happens to be a crypto to a gold vs Bitcoin debate.

Do you think such a debate would bring more investors into the crypto world?

In the date who ends up winning determines that. But anyway, I don’t think all that is necessary, whether there are debates or no debates, people are still going to be investing their money in cryptocurrency and also investing in stocks like gold.

So, all these debates are not really what determines that, but it can still help some people when they are about to make a decision on what to go for, especially those that are still newbies, that’s the area I think it’s mostly going to be helpful for people. And then it’s good that we keep doing things that gets the name out, so that a lot of people will get to know about cryptocurrency and invest their money in it.

Obito

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Quote from: Obito on May 05, 2021, 03:03:16 AM

~snip

Yeah right, recommended videos are all over the social media sites, the moment you search or you accidentally watch any videos it will
reflect to your account and there videos which related to what you previously watch to comes up.
For now, that debate is already known and it depends to whoever who'll going to watch to dictate their opinions.

That's the beauty of algorithms because it helps you widen your interest and help the content creators gather more audiences, the only problem that I see is that it sometimes favor clickbait videos which isn't good since a lot of deserving.content creators are missing out on audiences and audeinces are missing out on creators that might become their new favorite.

kidbounty

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Quote from: Woodie on April 29, 2021, 02:09:12 PM

I saw some news article on kitco.com (video interview) titled "Frank Giustra challenges Michael Saylor to gold vs Bitcoin debate" and from the video interview kitco had with Frank Giustra who happens to be a gold guru called out Michael Saylor who happens to be a crypto to a gold vs Bitcoin debate.

Do you think such a debate would bring more investors into the crypto world?

no, it won't generate investors. but with that debate there will be a lot of people who understand about bitcoin and blockchain. everyone who watches the debate will probably be interested in crypto and learn about it. this will also be good for the crypto ecosystem in the future. the more people who know about crypto the sooner mainstream adoption becomes a reality.

SimpleMan

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Quote from: ?? on ??

Quote from: Obito on May 05, 2021, 03:03:16 AM

Quote from: Shasha80 on May 05, 2021, 12:31:47 AM

Quote from: Obito on May 04, 2021, 10:03:16 PM

~snip

It depends on what is in the video, if the information about the Bitcoin vs Gold debate looks like it is very difficult to go viral if uploaded
on unpopular platforms. Because nowadays people prefer to share funny videos or related videos about sex which are very easy to spread.
So it is very important that we choose platforms that are popular so that the videos we share want to be watched by many people.
Even many my friends and family still don't know cryptocurrency, maybe cryptocurrency should appear frequently on television
and popular platforms. So there will be many more who are familiar with cryptocurrency.

I don't think that we have to worry about that because big platforms have already took care of making a video accidentally become viral because they are employing and continuously improving their algorithms as to which videos to recommend to their users.

Yeah right, recommended videos are all over the social media sites, the moment you search or you accidentally watch any videos it will
reflect to your account and there videos which related to what you previously watch to comes up.
For now, that debate is already known and it depends to whoever who'll going to watch to dictate their opinions.

If this are explainer videos I am ok with it because they really give great instructions, but if it is just videos for the sake of making videos, then what is the point for the community or even newcomers to watch that stuff?

Kakmakr

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It will be a awesome battle, if you can get a person like Andreas Antonopoulos to represent the Bitcoin side of this debate. I will even pay to see such a discussion, because Andreas Antonopoulos presented "Bitcoin" to the Canadian senate and it was "Epic" to have seen that. Wink

Some of these "Goldbugs" are very fanatic, so it will make for some interesting confrontations, if we can get some of them onto a platform like this. I hope OP is asking, because he wants to arrange for something like this?

Keep us updated. Wink

int03h

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I think it is because the debates will drive the public's attention to Bitcoin more. That could also help the Bitcoin market get more investors.
Bitcoin has been marketed for free for many years due to human-inflicted scandals such as loss related, fraud-related when Bitcoin is used in multi-level projects, Bitcoin has been criticized for being bad ...
Over time the Bitcoin market expanded. So debates will always be positive no matter the outcome.

Obito

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Quote from: Shasha80 on May 05, 2021, 12:31:47 AM

Quote from: Obito on May 04, 2021, 10:03:16 PM

~snip

It depends on what is in the video, if the information about the Bitcoin vs Gold debate looks like it is very difficult to go viral if uploaded
on unpopular platforms. Because nowadays people prefer to share funny videos or related videos about sex which are very easy to spread.
So it is very important that we choose platforms that are popular so that the videos we share want to be watched by many people.
Even many my friends and family still don't know cryptocurrency, maybe cryptocurrency should appear frequently on television
and popular platforms. So there will be many more who are familiar with cryptocurrency.

I don't think that we have to worry about that because big platforms have already took care of making a video accidentally become viral because they are employing and continuously improving their algorithms as to which videos to recommend to their users.

AniviaBtc

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Instead of making or having a debate, why don't just study both bitcoin and gold so that you know that you can invest on these two.

Doing a debate with this is not a big deal in bitcoin adoption especially that they're about store of value.

Focus on promoting it in some places and you will see those people who are knowledgeable or have an idea about bitcoin and those who are not and still ignorant about it.

Shasha80

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Quote from: Obito on May 04, 2021, 10:03:16 PM

Quote from: mk4 on April 29, 2021, 11:57:23 PM

Quote from: Obito on April 29, 2021, 11:46:00 PM

~snip

The difference is that especially when talking about big channels like CNBC, people will watch it regardless what the topic is about. As for something just uploaded on the web without a huge public backing, the chances of people finding it(without actually searching for it) would be kinda low.

It will still spread like an infection because even if there is small amount of people watching that obscure channel, there is a high chance that some of them are going to tell it to their friends and those friends will tell it to other people, it may not make them curious but it is enough that they know about it and the time will arrive when they encounter something crypto related and will spark their interest.

It depends on what is in the video, if the information about the Bitcoin vs Gold debate looks like it is very difficult to go viral if uploaded
on unpopular platforms. Because nowadays people prefer to share funny videos or related videos about sex which are very easy to spread.
So it is very important that we choose platforms that are popular so that the videos we share want to be watched by many people.
Even many my friends and family still don't know cryptocurrency, maybe cryptocurrency should appear frequently on television
and popular platforms. So there will be many more who are familiar with cryptocurrency.

Lorence.xD

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Depends whether it has a large audience but it still will do the job even if there are less audience. The only problem that I see with this is that the debate is probably going to antagonize bitcoin rather than having a proper debate about which one is better than the other.

Obito

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Quote from: mk4 on April 29, 2021, 11:57:23 PM

Quote from: Obito on April 29, 2021, 11:46:00 PM

~snip

The difference is that especially when talking about big channels like CNBC, people will watch it regardless what the topic is about. As for something just uploaded on the web without a huge public backing, the chances of people finding it(without actually searching for it) would be kinda low.

It will still spread like an infection because even if there is small amount of people watching that obscure channel, there is a high chance that some of them are going to tell it to their friends and those friends will tell it to other people, it may not make them curious but it is enough that they know about it and the time will arrive when they encounter something crypto related and will spark their interest.

bitzizzix

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Quote from: The Cryptovator on April 30, 2021, 01:37:57 PM

Honestly, I don't believe such as debate would bring more investors in crypto. But yes, I have to admit more people would be introduced to Bitcoin through such as debate. I said it can't help to bring more investment in Bitcoin because those people aren't well familiar with Bitcoin they will not invest in Bitcoin. Because everyone knows about Gold, but they don't know about Bitcoin. Those are just familiar with Gold it's very hard to explain to them about Bitcoin as well.

However, I don't like to make comparisons between Gold and Bitcoin. Both are different assets, one is real-life assets that exist physically, another is a virtual cryptocurrency backed by the community. A currency shouldn't compare with real assets.

As time goes by, people will know and understand about bitcoin as we see its current development and they initially do not know in detail about bitcoin or other cryptocurrencies and there are more people and new investors as time goes by.
Gold and bitcoin can both have a value that only differentiates real and virtual, and bitcoin is much more profitable than gold for now as its price continues to increase and a lot of people are getting rich because of it.
and that debate will help make bitcoin more widely known to all investors and newcomers as there is already a lot of evidence that bitcoin is more profitable.

BitcoinPanther

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Quote from: Woodie on April 29, 2021, 02:09:12 PM

I saw some news article on kitco.com (video interview) titled "Frank Giustra challenges Michael Saylor to gold vs Bitcoin debate" and from the video interview kitco had with Frank Giustra who happens to be a gold guru called out Michael Saylor who happens to be a crypto to a gold vs Bitcoin debate.

Do you think such a debate would bring more investors into the crypto world?

I believe it can bring more investors into the crypto world. Why? With this debate, there is a chance for the one speaking for Bitcoin to explain and enable the audience to learn more about cryptocurrency. Sometimes we need for someone who truly understand Bitcoin to encourage or convince us to hop into it.

ice098

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Quote from: Ausgewielt on April 30, 2021, 02:54:06 AM

I think any news and mention about bitcoin will bring more investors to invest in cryptocurrency. That is such as free advertisement. And if that is happen in TV then it is the best because television is wide spread media. This is good technology and if there are some people who explain bitcoin more details then mass adoption will be happen.

It's a lot more attractive to new investors knowing bitcoin was now announce or mention in news be it in social media or any new article.
But to be honest, bitcoin now are doing great by introducing itself to the market, to the people by just simply proving that it has a value that worth it to be invested.
Personally speaking, if i would going to choose between bitcoin and gold i'll go for having a bitcoin. Both are worth it and valuable too but having bitcoin was more interesting.

SimpleMan

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Quote from: Gamerholic on April 30, 2021, 01:53:28 PM

Whatever the dispute or discussion about gold and bitcoin, the question should not be which is better or worse. This is the choice of each individual investor where to invest their money. And it is up to each person or company to decide whose arguments to listen to, whether they need profit or saving money in an attempt to avoid inflation. In my opinion, the best option is when you have both gold and bitcoins and other currencies.

As you correctly point out, everyone has his or her perspective on these two two investment opportunities. There are a lot of people that aren't as closely attached to digitization and digitized assets. We here on this forum are all for Bitcoin I guess, but we have to understand that there are a lot of investors who still are so keen to rather hold gold than Bitcoin. Let everyone make their decisions!

Gamerholic

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Whatever the dispute or discussion about gold and bitcoin, the question should not be which is better or worse. This is the choice of each individual investor where to invest their money. And it is up to each person or company to decide whose arguments to listen to, whether they need profit or saving money in an attempt to avoid inflation. In my opinion, the best option is when you have both gold and bitcoins and other currencies.

The Cryptovator

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Honestly, I don't believe such as debate would bring more investors in crypto. But yes, I have to admit more people would be introduced to Bitcoin through such as debate. I said it can't help to bring more investment in Bitcoin because those people aren't well familiar with Bitcoin they will not invest in Bitcoin. Because everyone knows about Gold, but they don't know about Bitcoin. Those are just familiar with Gold it's very hard to explain to them about Bitcoin as well.

However, I don't like to make comparisons between Gold and Bitcoin. Both are different assets, one is real-life assets that exist physically, another is a virtual cryptocurrency backed by the community. A currency shouldn't compare with real assets.

Topic: Would having a Debate like: Bitcoin vs Gold win more crypto investors (Read 457 times)