Re: Does Bitcoin need Foot Soldiers to get optimum adoption?
It doesn't need more awareness.
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No awareness campaign ever changed behaviors, IMO. Only when people themselves feel the pain or see others they love and respect change, do they change.
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No awareness campaign ever changed behaviors, IMO. Only when people themselves feel the pain or see others they love and respect change, do they change.
I completely disagree with this. What you are missing here is that when these things happen, people will be too broke to even think about or afford Bitcoin. The more likely scenario is that they become homeless and potentially even die before they even see enough satoshis to fix the mistake of not having any to begin with.
Some people have no idea how bitcoin works, how to store it, so how can they accept it in their business or convert their wages to it without inducing themselves with anxiety or opening themselves up to vulnerability?
Why are we going for extremes anyway
Just normal people don't make good financial decisions without going broke or homeless, and even after knowng about Bitcoin they don't exactly change their behaviors. In fact, without changing behaviors they end up going all in and risk busting during the bear. Just like the many stories in 2017 and 2021 people borrowing money to invest in BTC and then bankrupt doing interest payments.And this is the thing about new tech. I can tell you 99% of business owners who accept virtual payments or have eshops have 0 idea about how it works. And they still do it.
Awareness is never my favorite method, in any thing. People know, but people don't care. You have to make them care. And that is by behavior campaigns. Or awareness on the status quo (why your money is not safe with banks, or investing in your nations funds etc).