Do you think social media has done enough in promoting cryptocurrency?

[Amug123]

Social media platform have missed opportunities to promote cryptocurrency in a more meaningful way, social media platform could have done more to educate users about the benefits and risk of cryptocurrency.  This could have been achieved through partnership with reputable organizations,  educational content, and influencer campaigns, social media platform could have fostered more inclusive and supportive communities around cryptocurrency. This could have been achieved through feature like community forum,  thank God for altcoinforum and bitcointalk, live streaming and events. By taking more strategic approach, social media platform can play a more meaningful in promoting cryptocurrency and driving mainstream adoption.

[bisdak40]

Social media is used to hype crypto but doesn’t do enough to educate people. It could have partnered with experts, shared useful content, and created forums or live events to help users learn. Platforms like AltcoinForum and Bitcointalk help, but big social media sites could have done more to support real crypto communities and drive mainstream adoption.

[robelneo]

I don't think so; forums like Bitcointalk and altcoinstalk are still the best place to promote and educate people about cryptocurrency; all that we're seeing on social media are promotions of dubious coins and ponzi-like coins.
Many of the coins being promoted on social media are airdrops, memes, and high-yield coins; it failed to educate people on how cryptocurrency works and how to properly invest in them.

[Hatchy]

Social media is used to hype crypto but doesn’t do enough to educate people. It could have partnered with experts, shared useful content, and created forums or live events to help users learn. Platforms like AltcoinForum and Bitcointalk help, but big social media sites could have done more to support real crypto communities and drive mainstream adoption.

Nowadays what we see on social media are just hypes or news that's creating fud on every financial market. So many influencers have turn it to their hub for unnecessary show case of their life styles. There are so many good ways to promote cryptocurrency on social medias, even though we have more of the web3 on xspasce, it can still be used to promote more of crypto. Thanks to the creators of btt and att, so many of us are educated on how these things works because we came across these two platforms.

[JISAN]

Of course, social media is a very good medium for crypto promotion. Social media is used by almost all internet users, so it is very easy to make anything visible to everyone. Crypto promotion is one of them. With the Boost option in mind, paid promotion options on social media, promoting any product or service has become much easier and potential. Gambling promotion is especially widespread on social media.

[target]

Social media has spread the word about crypto but doesn't educate the users on how it works, it only spread about how people can make money out of it and get rich quick.

The social media posts of some users doesn't even make users learn about blockchain and how it works. And some posts are only about trading and the markets,

[Findingnemo]

Influencers are taking advantage of their naive followers, they simply promote something shady after getting a big pay check instead of creating real awareness. But still lot of content creators who try to educate but they are not getting enough attention as they deserve to be and that's how social media works, the negative ones will always get more popular.

[milewilda]

Social media platform have missed opportunities to promote cryptocurrency in a more meaningful way, social media platform could have done more to educate users about the benefits and risk of cryptocurrency.  This could have been achieved through partnership with reputable organizations,  educational content, and influencer campaigns, social media platform could have fostered more inclusive and supportive communities around cryptocurrency. This could have been achieved through feature like community forum,  thank God for altcoinforum and bitcointalk, live streaming and events. By taking more strategic approach, social media platform can play a more meaningful in promoting cryptocurrency and driving mainstream adoption.

We do know that these social media platforms on which this is the fastest and broadest way on sharing and showing up information but there's always that pros and cons too on which we know that informations being shared up or shown might that false or deceptive. Come to think that anyone could freely post up on whatever that they do have in mind on which this could be that misleading and if you are just that a noob then you might that easily get hooked up on whats been shared. This is why you should be that careful too on seeing on things on social media. Also, when you do try to hover neither on facebook and X then you can see tons or been flooded out with those tweets and post with those meme coin scam projects. 

[Jating]

Social media is used to hype crypto but doesn’t do enough to educate people. It could have partnered with experts, shared useful content, and created forums or live events to help users learn. Platforms like AltcoinForum and Bitcointalk help, but big social media sites could have done more to support real crypto communities and drive mainstream adoption.

It's because some of them has the intentions behind, or just to shill certain coin because they are a holder or being paid by the project to promote it. And another thing is that some social media doesn't really validate their news, they will just publish it without checking with the project themselves. So it's better to check everything and not just believed on what you saw on social media that talks about cryptocurrencies. And I don't think that mainstream media will chance their stance, they will continue to attack specially Bitcoin no matter what.

[hugeblack]

Likes and reshares are what drive content on social media. If they were combined with scientific, educational, and grounded content, the content would be better. However, everyone using X or other platforms is seeking quick profit, not learning. Therefore, try to engage with good, educational posts to reach more followers and encourage others to create similar content.

[bitterguy28]

Social media platform have missed opportunities to promote cryptocurrency in a more meaningful way, social media platform could have done more to educate users about the benefits and risk of cryptocurrency.  This could have been achieved through partnership with reputable organizations,  educational content, and influencer campaigns, social media platform could have fostered more inclusive and supportive communities around cryptocurrency. This could have been achieved through feature like community forum,  thank God for altcoinforum and bitcointalk, live streaming and events. By taking more strategic approach, social media platform can play a more meaningful in promoting cryptocurrency and driving mainstream adoption.

but social media platforms are not the ones responsible for promoting cryptocurrencies they do not exist for crypto so we can't expect for them to promote crypto it should be us that should be promoting crypto projects social media platforms are merely tools for us to use

and plus there is already a lot of information on the internet there are many ads and there are many crypto exposure even in national tv so i do not think that social media lacks in promoting crypto exactly

[Roseline492]

Social media platform have missed opportunities to promote cryptocurrency in a more meaningful way, social media platform could have done more to educate users about the benefits and risk of cryptocurrency.  This could have been achieved through partnership with reputable organizations,  educational content, and influencer campaigns, social media platform could have fostered more inclusive and supportive communities around cryptocurrency.

The social media has not missed opportunity to promote Bitcoin but a lot of people there are the ones making it to look so because if you check all the social media in one way or another you will find a crypto community but a lot of them are not doing any publicity about the reason of the existence of the community but instead they are looking for somebody within the community to scam or mislead, so that's why a lot of people are not interested on social media learning about crypto, if not crypto awareness should have been very viral on the social media than it is now.

[Sim_card]

Did you know that initially, you cannot talk about bitcoin in some countries which has made most people avoid much promotion of cryptocurrency on social media. It's now that bitcoin have started trending that people can come up on how to promote bitcoin in social media. However, you will only learn little about bitcoin from them because they might lack the knowledge compared to when you are in the bitcoin community that was purposely created to teach people about bitcoin. Social media cannot give out what they don't have.

[Cryptsafe]

I must say that social media has played a great role in making crypto go viral, but we also should note that things of this nature are being taken advantage of by people for their interest as it is happening now. Infuencers, celebrities, etc, have taken advantage of the situation to only do more of the hype than educating their followers and supporter base all about cryptocurrency but are just bent on taking advantage of the multitude they already gathered for their monetary gains. But all the same, the knowledge of crypto is still getting to the wider audience day to day, so the name is not a new thing anymore, and anybody who hears it would do their findings to know more about it and how it works.

[Rruchi man]

Social media has contributed, yes, to the growth of cryptocurrency but probably has not done enough because the discussions on social media are usually very distracting and are things that are usually not very serious concerning social life.

They're actually people who are talking about cryptocurrency, but it is only those who are interested in cryptocurrency on social media that are actually seeing these persons. Making discussions about cryptocurrency something general in these social media platforms can become boring to some individuals.