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#1 deterrent to bitcoin adoption is having no knowledge of money. Bitcoin looks stupid & insane to a mind that believes money is debt backed paper created out of thin air by a stranger in a private bank. It highlights a major problem, and cognitive dissonance wins the battle

It begs the question, is bitcoin a “lead by example” technology and lesson? Is there any point in “marketing” or public outreach. I get the feeling that unless you’ve got a business model and are mining fiat, teaching people about bitcoin should have a paywall, otherwise it’s an enormous waste of time, because 9/10 they’re likely not mentally available for it.

Kyle 1y ago

If we want #Bitcoin to be adopted, I think we need to lead by example. Show how it fits into our lives daily. We are 100% going to fall on deaf ears most of the time. Unfortunately, that’s just where we are at this point of Bitcoin’s life cycle. But we still have to try.

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Discussion

₿itcoin ₿ill 1y ago

We’re at inception, it’s heart just started beating. Have to have insane low time preference. I think the panic of longing for mass adoption is a fiat error code.

Kyle 1y ago

Agreed. I hope to see it become more mainstream here in the states in 10-20 years.