Post
Topic
Board Speculation
Re: Bitcoin long term linear trend
by
pleaseexplainagain
on 19/08/2016, 05:03:42 UTC
The network is no problem. If the need was there the core developers could start a fix within fix. The problem is that there is no real marketing.
Like any product you need to market it and that is exactly what is lacking at the moment.


Agree. people need to be sold on the idea that they should have some bitcoin in addition to their cash, debit card and credit cards and saving accounts.
There are two key benefits that mean everyone right down to the person who has just say $2000 in savings should turn 5% of their savings into bitcoin. First they have direct access to and control of their own money (the digital cash concept ) and second though bitcoin could crash in price it has the possiblity to earn more from that  5% of the $2000 savings than the other 90% in total ever will (the digital gold concept).

To encourage my friends and rellies to get interested I send their teenage kids $5 in bitcoin every so often as a private key. They then go ahead and learn about wallets etc so they can "use' the money or at least accumulate. people need to learn to use the bitcoin stuff (wallets, exchanges etc) so they see it as "familiar' as their bank account number at their local bank.