Quote from: Coin_trader on August 06, 2023, 06:10:20 PM

Quote from: Vivageneviv on August 05, 2023, 07:53:54 PM

What do you think about this program, do you think other exchanges can introduce similar programs to drive crypto adoption?

Exchange is not the main sector that needs to make a move for crypto adoption because they are centralized. Giving a foundation knowledge on crypto using exchange program will just make the whole crypto idea invalidate since exchange promotes centralized services while real crypto adoption is when everyone is using crypto and holding it on non custodial wallet which they hold the keys.

Empowering the youth is really the key for mass adoption aside from the government stopping from being pain in the ass. Old people is very hard to convince to be involved in crypto since they are on fiat for a long time and they consider crypto as risky asset. Having many programs dedicated for youth will help mass adoption progress faster but not instantly because we will need to wait more generations until those new era is already the majority.

I agree with you but other sectors seem to be avoiding the promotion of cryptocurrency in different ways. Take for instance the Banking sector, they see cryptocurrency as a new competitor in the financial world and might are reluctant to provide information on a potential rival. I my own opinion, they should have been the best sector for the job. However, there is always an entry point into the Crypto space. Mine was when a friend introduced me to earning through spin bot faucets. Twas a crazy, time consuming adventure trying to accumulate faucets into reasonable amount to withdraw. But the excitement to earn a digital currency fueled my passion. I evolved into earning from Airdrops, then the use of exchanges, then investing in cryptocurrency to knowing about and storing my coin in non custodial wallet and holding the keys.

If exchanges chooses to play the role of educating the youths and the masses through their different programs, we can't invalidated their efforts. I am sure it will still translate to achieving the main goal of crypto adoption.