Crypto

Stop Trying to Convert Bitcoin Non-believers and Keep Building Solid Ecosystems

It has been tough to convince outsiders about bitcoin and altcoins. Most people remain unwilling to engage in an open dialog in 2020.

As is usually the case, the topic of bitcoin remains highly controversial.

The Non-believers Will Flock to Bitcoin Eventually

To most non-believers, it has no value or a pyramid scheme.

Another common argument is how it is not regulated, which is far from the truth, depending on one’s region.

The fact that it is not backed by anything is often highlighted as a flaw.

In reality, it is the core strength of any cryptocurrency on the market today.

Unfortunately, those who are stuck in this mindset will not be persuaded of the opposite.

It begs the question whether there is any point in “converting” non-believers at all.

Related Post

One’s efforts would be best used on engaging in a dialog with like-minded people.

Over time, the undisputed purpose of bitcoin and other cryptocurrencies will become more apparent.

Any new disruptive technology goes through cycles of non-believers.

The Internet suffered from this issue, as did computers, smartphones, and even video games.

Instead of wasting valuable efforts, it can be put to better use.

Building stronger ecosystems is one way of paving the way for broader adoption.

There is also a lot of work to be done to make bitcoin more convenient, as it severely lacks in this department.

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

MetaMask Proposes Stablecoin Launch, Taps Stripe to Bridge TradFi and DeFi

MetaMask wants its own stablecoin. It’s calling it MetaMask USD (mmUSD). And if the recent…

1 day ago

Spartan, Stake & Betway: Top 2025 Crypto Gambling Prizes

Spartan’s $250K Lambo Challenge Tops 2025’s Crypto Gambling Prize War with Stake & Betway Crypto…

1 day ago

SharpLink’s Ethereum Accumulation Hits High Top With Staking Strategy

SharpLink is leaning hard into Ethereum. They buy. They stake. They hold. Ethereum currently trades…

2 days ago

Cardano Price Prediction: Is a Return to $2 Imminent or Just a FOMO Fantasy?

After months of consolidation, Cardano (ADA) is regaining investor attention thanks to renewed forecasts projecting…

3 days ago

Bitcoin and Ethereum Whales Quietly Accumulating—What Does This Mean for the Market?

Whales are back—and this time, they’re not making noise. Despite the relative calm in prices,…

3 days ago

Daily Token Creation on Base Surpasses Solana, How It Happened 

Daily Token Creation on Base Surpasses Solana. Driven by SocialFi on @zora, Base sees over…

3 days ago