Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Cadaver20 on October 19, 2022, 03:12:04 PM
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Cryptocurrency has gained a lot of popularity in different parts of the world today. Its fields are constantly expanding. Many countries' governments are launching their own cryptocurrency systems. Many businesses are now accepting cryptocurrencies as their means of lending. But still cryptocurrency is banned in different countries of the world.
Let's discuss about how to bring cryptocurrency to everyone's doorstep?
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I think one way to prune crypto to everyone's scope is to advertise them through the various social networks that have a widespread distribution especially among young people, even some substantial airdrop would not be bad
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To do this, cryptocurrency auto-exchanges are needed, as in the banking system when the currency is changed to another, then it will be for everyone. Advertising is a fast delivery of a product to a person.
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I think one way to prune crypto to everyone's scope is to advertise them through the various social networks that have a widespread distribution especially among young people, even some substantial airdrop would not be bad
You have mentioned two very nice points here. Advertising in social media and airdrop. Currently young generation is very addicted to social media. As a result, social media can easily reach the cryptocurrency to the young generation. However, if the government of a country accepts cryptocurrency, then cryptocurrency can be easily reached to all the people of that country.
What factors are preventing the government from accepting cryptocurrency?
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Each platform should do stable and good work of the platform for its users, as well as for storing investor tokens. They must ensure the stability and reliability of the platform, reduce the cost of transactions on the network.
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Currently, most people look to crypto to get profit, they are not interested in the application and benefits of crypto in the economy. People only come to crypto when crypto services become popular and show an advantage over traditional financial services. Currently, banks have not provided these services in a popular way, people cannot access to experience them.
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Let's discuss about how to bring cryptocurrency to everyone's doorstep?
Why would you think "bringing cryptocurrency to everyone's doorstep" is a good idea?
I mean, I'm more of a free market person where if it's useful and beneficial, people will use it eventually just like the internet. The effort of promotion is solely on the shareholders' side, which in the crypto industry, perhaps translated as the burden of devs and whales. People like me, as a user and perhaps a small bagholder, would see no incentive to do so.
Perhaps the discussion should be "how to market token x if you get paid for it" ;D
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I think social media apps are really effective for advertisements. But one thing to keep in mind is that we need awareness first. When people will have knowledge about it, they will be more drawn towards it.
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Usually, We heard hacking of wallets is a common thing and common people are scared of such things on the other hand regulation of cryptos is a must to grow the adoption of cryptocurrencies and if more and more merchants will accept cryptos certainly we will see the gain in the adoption.
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Sadly won't happen until regulation in some capacity is in place. Might see wider spread adoption then.
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To get into crypto, personal interest is crucial. Social media platforms like facebook, instagram, and youtube are great mediums to create awareness.
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For now, crypto investors should also think about using crypto in payments and if they have a business, they can accept crypto. That is the most valuable thing for this crypto market, so that it is not just a financial game for whales to get rich from manipulation.
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In order for cryptocurrency to become accessible to everyone, at least two things are needed: ease of use and security. If we hope that people will study the world of cryptocurrency for a long time in order to then use cryptocurrency as a means of payment, then this opinion is erroneous. The most ordinary person with his worries and problems will not waste his precious time on this. There is another category of people who will not do it simply because of laziness.
The second problem is the problem of the security of cryptocurrency wallets and transactions. Without a reliable solution to this issue, the mass development of cryptocurrency is also hardly possible.