Microloans with Bitcoin6.7%
Bitcoin-based remittances13.3%
Education and local meetups53.3%
Government support and regulation6.7%
Charity initiatives with Bitcoin2.2%
Other17.8%
45 votes \ poll ended
234 sats \ 2 replies \ @DarthCoin 26 Oct 2023
Anita
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
Unfortunately, she will not increase the adoption or popularity of bitcoin worldwide.
reply
0 sats \ 0 replies \ @evanbaer 26 Oct 2023
Totally
reply
62 sats \ 1 reply \ @nikotsla 26 Oct 2023
Inflation... like the force of gravity...
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
Global crisis can increase adoptions as much as possible.
reply
131 sats \ 1 reply \ @SimpleStacker 26 Oct 2023
Microloans would be great. But given how easy it is to "take the money and run" when it comes to bitcoin, i'm not sure how easy it would be to implement.
Overall I think it just needs to be more efficient than the legacy financial system. Allow people to do digital transactions with lower fees. Make payment apps user friendly experiences. Onboard many merchants and many customers so that there's a thriving ecosystem
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
With microloans there may be a problem. Most of the current services that offer loans in bitcoin or shitcoin require kyc and a security deposit so that no one runs away with the coins.
reply
231 sats \ 2 replies \ @2bithits 26 Oct 2023
A long up only bull run might help
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
It can also help. People are currently looking at money (fiat) rather than technology. A lot of people look at bitcoin as an investment. Even having bitcoin as an investment increases its popularity and adoption, and over time such people learn more things about it.
reply
0 sats \ 0 replies \ @Bullen 27 Oct 2023
yeez, I said I'm on it...
reply
20 sats \ 1 reply \ @lightwalker 27 Oct 2023
- Local meetups
- Education
- Bitcoin circular economy
can be great.
Most developing countries don't well established Bitcoin related companies. Yet, people in these countries need Bitcoin the most.
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
Exactly! Of course, developed countries should also increase adoption because it is still not large and many people do not know what bitcoin is or have only heard about it from other people but have never used it.
reply
15 sats \ 1 reply \ @Undisciplined 26 Oct 2023
I picked remittances, but I think microloans and charity have similarly high potential. People want purchasing power and if they need to get a bitcoin wallet to get it, they'll do that.
reply
167 sats \ 0 replies \ @future OP 27 Oct 2023
Great idea!
reply
11 sats \ 1 reply \ @tip_nz 27 Oct 2023
Local Bitcoin YouTubers (like Piriya in Thailand) have a huge domestic following because they are explaining Bitcoin concepts in their local languages in the context of their local economy and politics. Localisation is an effective way to get folks on board. I think Gigi helped start an initiative called Vientiuno (21) that aims to get high quality Bitcoin resources translated into local languages. Make education relevant again!
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
This is also a great way. Many people in the world do not know English or do not know it at a high level making it difficult for them to understand various content about bitcoin. All sorts of content in the native language are most welcome.
reply
10 sats \ 1 reply \ @021e1f393f 27 Oct 2023
How do you see your local bitcoin meet ups
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
It is difficult to say because it is a general formulation. All kinds of meetings created by bitcoiners where they are encouraging nocoiners to try bitcoin and showing them why bitcoin is needed. You can create events and encourage people to join to learn something about bitcoin. There can be a whole bunch of ideas, it all depends on your creativity and where you are.
reply
10 sats \ 1 reply \ @021e1f393f 27 Oct 2023
I sell roasted coffee if you are interested and the money goes to the farmers to create a circular economy, send me a pm if interested.
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
Selling is a cool thing. It shows the current capabilities of bitcoin and that you can already buy something with it in real life. Good luck in selling your coffee!
reply
10 sats \ 1 reply \ @Car 27 Oct 2023
🤘hackerspaces
reply
21 sats \ 0 replies \ @future OP 27 Oct 2023
Unfortunately, I don't know what it is. But perhaps it will also help the adoption.
reply
10 sats \ 1 reply \ @shyfire 27 Oct 2023
IMO it's developed nations that will struggle the most with adoption.
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
I agree with this. In such countries, they mostly make a good living by fiat. In developing countries there are a lot of financial problems that's why the population flees to other forms of money such as bitcoin.
reply
10 sats \ 1 reply \ @iguano 26 Oct 2023
"price go up" technology at work.
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
The price is of great importance to entice nocoiners to learn about bitcoin, if only as an investment. This is not the main use of bitcoin, but it always increases adoption.
reply
10 sats \ 1 reply \ @SpaceHodler 26 Oct 2023
I had to zoom in on my phone to make sure I hit the education option and not the one below it, would never forgive myself.
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
Education is very important😄.
reply
10 sats \ 1 reply \ @edulopesf 26 Oct 2023
Other: Massive economical crisis with local currency.
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
A crisis always causes a flight from the local currency. Unfortunately, this may increase bitcoin adoption but it doesn't have to because people may flee to other fiat instead of bitcoin.
reply
10 sats \ 1 reply \ @WeAreAllSatoshi 26 Oct 2023
I guess you’re asking which one would most accelerate adoption. I chose remittances but education and meetups also make sense
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
Yes it is about the best of them. In fact, it is difficult to say what is the best because in different regions of the world different things have a different weight.
reply
10 sats \ 5 replies \ @patrick1 26 Oct 2023
A bitcoin backed stablecoin.
reply
0 sats \ 2 replies \ @future OP 27 Oct 2023
It is interesting only whether it is needed? There are wrapped versions of bitcoin that work the same way. In addition, most crypto markets are in pairs to bitcoin.
reply
0 sats \ 1 reply \ @patrick1 27 Oct 2023
Most crypto markets are in pairs with USDT these days. Used to be bitcoin, like 3-5 years ago.
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
Yes most of the pairs are to usdt but some of them are also to bitcoin.
reply
0 sats \ 1 reply \ @ek 27 Oct 2023
how would that work?
reply
0 sats \ 0 replies \ @patrick1 27 Oct 2023
MoneyOnChain and Sovryn on rootstock both have bitcoin backed stablecoins, if you want to look into it more.
reply
10 sats \ 1 reply \ @orthzar 26 Oct 2023
Other: the closure of centralized exchanges (aka shitcoin casinos).
Someone mentioned on SN recently that BItcoin adoption is greater in countries where people don't have access to centralized exchanges. The reason is simple: poor people can either buy BTC or they can gamble their money away. They can't do both at the same time.
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
Centralized exchanges should increase adoption because access to bitcoin is easier. How else to get bitcoin? Not everywhere is it possible to buy it from another person (not everyone wants to sell it either). In general, this is a difficult topic.
reply
0 sats \ 1 reply \ @phygit 27 Oct 2023
OTHER: Merchants adoption with incentives (pay in BTC, get a discount).
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
This is a great idea! People love discounts because of the fact that they can buy more (or spend less). However, first you need to convince sellers to accept bitcoin. The easiest way to do this is in online stores, but nothing prevents you from accepting bitcoin in physical stores.
reply
0 sats \ 1 reply \ @TheBTCManual 27 Oct 2023
I think it would be a combination of faster currency debasement, limitations on current remittance options, and having custody options like fedimint which are much more suited to conditions on the ground here
reply
0 sats \ 0 replies \ @future OP 27 Oct 2023
In fact, all the things listed in the survey (as well as others not listed) are very important and combining them will result in very high adoption and the creation of new bitcoiners.
reply