Categories: CryptoNews

Decentralizing The Bitcoin Discussion

Although there is plenty of room for competition in the Bitcoin world, there seems to be a slight oversaturation of places where digital currency can be discussed. Although there is a growing need for places where Bitcoin discussions are not censored, the number of Bitcoin message board managing to gain any traction is somewhat limited. After all, it is incredibly difficult to topple Bitcointalk, although the Bitcoin.com forum is doing a good job to draw some attention. However, not every project is so successful, unfortunately.

Also read: Collect Bitcoins Faucet Forces Users To Download Executable Software

Finding New Ways To Discuss Bitcoin

Most of the Bitcoin discussions are taking place either on Bitcointalk, the Bitcoin.com forum, and Reddit. Not because there has been a lack of initiatives to take the spotlight from these offerings, though, as a lot of people have tried to launch a platform to spur Bitcoin discussions over the past few years.

ZapChain is probably one of the most notable platforms to try and bring Bitcoin discussions to a new platform, as the owners even added an option for users to tip each other for helpful questions and answers. In a way, this is one of the very few successful “pay to post” Bitcoin discussion platforms.

However, it turns out even this platform is not able to keep most of the users coming back on a  regular basis, even though there is still a certain amount of activity going on every week. Despite its allure of letting users tip each other through an easy-to-use integrated system, community members seem to have lost interest in using ZapChain as their primary platform.

Related Post

But what about those people who still want to create a platform for Bitcoin discussion outside of the ones in existence right now? There is no definitive answer to this question, although it seems that platforms, where users need to register yet another account, have a far smaller chance of succeeding compared to others. Moreover, monetary incentives will only work for so long as the money has to come from somewhere, and paying out of pocket is not a viable business model for the long run.

Keeping in mind how Bitcoin and digital currency is all about decentralizing as many aspects of life as possible, it only makes sense for a decentralized discussion network to be created in due time. How that network will look, or when it will come to fruition, remains to be seen, though.

Source: News tip via email

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

The Calculated Collapse of $TG: How a “Utility” Token Was Engineered for a Rug Pull

In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…

1 day ago

Staked Ethereum Hits Record High as Whale Accumulation Signals Bullish Long-Term Sentiment

Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…

1 day ago

Arbitrum Sees Surge in Protocol Revenue and EIP-7702 Adoption Following ArbOS 40 Upgrade

The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…

1 day ago

Ethereum Whale Accumulation Surges as Long-Term Confidence Outweighs Short-Term Volatility

Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…

4 days ago

Week in AI: Fartcoin Steals the Spotlight Amid Market Turmoil

It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…

5 days ago

BSC Foundation Resumes Strategic Accumulation: VIXBT, CAKE, LISTA, and MOOLAH Under Spotlight

Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…

7 days ago