Post
Topic
Board Economics
Re: Cryptocurrency and entertainment.
by
wxa7115
on 26/08/2021, 18:57:29 UTC
In the entertainment industry, entertainers need the news to trend and remain in vogue. Be it a good news or a bad news, it puts their names up on blog post, newspaper headlines and most importantly in the mouth of people. We can deduce from this that Entertainers need the news to stay valid and in vogue and without trying to constantly be in the news be it for a good or bad reason, they can fade away and people quickly forget.

(Replace "entertainment" with "cryptocurrency")

In the cryptocurrency industry, cryptocurrencies need the news to trend and remain in vogue. Be it a good news or a bad news, it puts their names up on blog post, newspaper headlines and most importantly in the mouth of people. We can deduce from this that cryptocurrency need the news to stay valid and in vogue and without trying to constantly be in the news be it for a good or bad reason, they can fade away and people quickly forget.

Been thinking - What do you think is the biggest news cryptocurrency needs that will increase its popularity?






I disagree with your argument, those that are famous need to remain on the spotlight and they do everything they can to do so, but bitcoin doesn't need it, if bitcoin remains in the spotlight is because of its fundamental nature, bitcoin by itself does nothing to try to garner that attention, bitcoin is just a bunch of lines of code and that's it, however it is the people around it that are either trying to make the news or they just make the news anyway because of their actions.

So I do not think that there is any need to try to increase the popularity of bitcoin artificially, let bitcoin do its thing and eventually we are going to have most of the people of the world adopting it.