Quote from: Odohu on August 13, 2023, 10:18:31 AM

Quote from: Tony116 on August 13, 2023, 03:38:15 AM

Quote from: Odohu on August 12, 2023, 11:36:14 PM

Quote from: JayJuanGee on August 12, 2023, 04:01:00 PM

Well, you say popularity, but I am not even sure if it would be very accurate to describe bitcoin as popular, even if it might be "popular" within some segments of society, and even if it seems to get quite a bit of press in recent times in light of it still being a baby in terms of the level of adoption.

Sure, we have some BIG players who hold a lot of bitcoin, but still overall, I doubt that there is any convincing evidence that bitcoin is experiencing overall adoption levels of greater than 1% of the world's population having exposure to it.. and at the same time, if we consider companies, there are some BIG players talking BIGGEDly about bitcoin, but their ongoing "BiG" talk on the topic does not really seem to reflect in bitcoin's numbers - including but not limited to price... so it seems very questionable in regards to how much actual bitcoin that some of the BIG talkers have.. whether Blackrock and various persons and institutions associated with that and maybe some of the other BIG players who likely do not even have very much exposure to directly owning bitcoin, otherwise it seems that the BTC prices should be reflecting those kinds of acquisition dynamics... so anyhow, my point is to question the use of the term to describe bitcoin as "popular."

I don't know about your end but from my end, Bitcoin is enjoying the greatest popularity ever... it is talk about in schools, markets, and different gatherings within my neighborhood. Social media platforms is no exception to this because Bitcoin have remained consistent as a trending topic in my Twitter day in day out especially as we entered the second half of the year. I can assure you that Bitcoin awareness have gone deeper than you can imagine even among the unbanked population. Lest I forget, Bitcoin dominated the discussion of a Human Resources Manager Town Hall Meeting of the company where I work; they were deliberating on alternative source of income for the staff to augment the salary that they refused to increased amidst daunting economic challenges. I intend to make a thread for this to seek the inputs from other members of the forum as I was given a role to play in this regard.

So, even though it is looking like Bitcoin is popular among the believers, it has made its way into the hearts of many and with time, a lot of people will adopt Bitcoin given the beauty and promises it holds.

Yes, bitcoin has been and is becoming more popular than in previous years. In my country, it is mentioned everywhere as you say, from schools, and offices to every corner of the market. But the problem is people just know about it and discuss it as a high return investment or can make people rich. There are very few people mentioning other features or benefits of bitcoin as a decentralized currency or helping us to control our own assets and get rid of the control of the bank...So to say that bitcoin is gaining in popularity is neither entirely true nor entirely false.

This is where you and I that know more will come in... we can help in expanding the knowledge starting from our immediate families, friends and associates. It requires a concerted effort and I feel one way of demonstrating love to humanity is by teaching them about Bitcoin, which undoubtedly, is the future.

This is what I want to say to everyone, if someone wants to contribute to the popularity of bitcoin happening faster. I mean, instead we find ways or solutions to spread bitcoin on social media or do big things to make bitcoin popular. What we need to do is share bitcoins with our loved ones, the closest people around us. If we all do that simple thing, I believe bitcoin will become more popular than we can imagine. Don't think we have to do something monumental and big to be effective, let's do things that are simple and within our capabilities.

Quote from: Odohu on August 13, 2023, 10:18:31 AM

Quote from: Tony116 on August 13, 2023, 03:38:15 AM

...So to say that bitcoin is gaining in popularity is neither entirely true nor entirely false.

There is a saying that "bad publicity is better than no publicity". I am not saying that there is bad publicity for Bitcoin rather I am saying that even though many people, like you said, just know about Bitcoin without knowing how it can be beneficial to them outside seeing it as investment opportunity, such awareness a lone is good for Bitcoin. Imagine how excited they will become knowing that beyond the returns on investment aspect of Bitcoin, there is so much more they can do with it. Imagine how relieved many of them will be knowing that they can save a fortune for their children by just buying and keeping Bitcoin for them instead of real estate that would have become obsolete before the children even grow up?

I know about bitcoin and participate in bitcoin investment because I want to make money, I want to make profit. But when I started to dig deeper into bitcoin, I also realized that the features like decentralization, privacy, and full control of assets that bitcoin offers are just what I need. It can be said that people will care about profit then they will care about bitcoin, but then they will also love bitcoin in different ways knowing that bitcoin is more than just an investment.