Quote from: Gallar on November 06, 2023, 03:29:34 PM

Quote from: krishnaverma on November 06, 2023, 05:49:40 AM

Is there some group which collects funds for Bitcoin promotion? If some group like this can create advertisements for Bitcoin, more people can become aware. Such mediums should be targeted which have reach on audience that is still not familiar with crypto.

Until now I have never heard of any group advertising bitcoin specifically. Because in my personal opinion Bitcoin does not require advertising or promotional actions in any form. Because currently bitcoin can be said to have become a very well-known asset. Plus, as far as I know, Bitcoin got to the point it is today, without anyone specifically promoting it (on a large scale). So you could say that all of Bitcoin's success just flows because of the quality it has. So in my personal opinion, Bitcoin does not need advertising. Because there are no factors that require Bitcoin to be advertised.

However, if for example Bitcoin is promoted, chances are that the results will be very good. Because with promotions, Bitcoin will definitely become more widely known.
But as you said, advertising bitcoin definitely requires quite a lot of funds. So it is very likely that all groups/bitcoin investors will be a little reluctant if they have to promote bitcoin by spending their own funds. So in conclusion, Bitcoin does not require any promotional or advertising steps. Because in my personal opinion, although it will most likely be a little slow, it would be better if bitcoin spread throughout the world by itself. So Bitcoin will become a more expensive, valuable and special asset.

By now, almost everyone knows what Bitcoin is, and it has that reputation without all the extras that come with standard advertising. But let's get rid of the noise: brightness and exposure are the same thing. Bitcoin might not "need" ads, but think of all the new customers it could reach with a good campaign. Think about the parts of society that haven't used crypto yet; they arent searching the web for blockchain stories.

Yeah, the costs are high. No one wants to spend money if they arent sure they will get it back. Thats it, though, right? High risk, but the payoff could be bigger. With all the attention on Bitcoin, we might be on the verge of a boom or bust. Value and desire will go through the roof if its done right. If not, its a waste of money.

The really interesting thing about this is how growth and natural spread are opposites. A slow burn makes sure that only people who understand it spend, but advertising could speed up the rise to even greater heights. Being there is just as important as having worth. And these days, having a position is the same as having power.