Many Bitcoin community members are trying to boost adoption throughout the world. However, that process has turned out to be quite difficult in some cases, especially when it comes to getting novice users to buy their first Bitcoin amount. Exchanges require document verification and ATMs are sparsely located. Is there a good way to convert people to Bitcoin?
Also read: Restricted WeChat Pay Expansion Shows Off Bitcoin’s Strengths
Buying Bitcoin from a digital currency exchange platform sounds easy on paper, but the process can turn out to be more complicated than most people bargained for. Creating an account is the easy part, but when it comes to verifying one’s identity, things become vastly different and increasingly difficult.
Despite the advancements made in the field of technology, capturing clear images of sensitive information through a webcam can still prove to be very difficult. Some people might see this as a positive thing as it will eliminate the possibility of personal information being stolen by hackers accessing one’s webcam.
One other thing to take into consideration is whether or not everyday consumers want to obtain Bitcoin in the first place. Putting people through a frustrating verification process when they are not sure as to whether or not they want to buy Bitcoin is not the best approach. Granted, it is important to grow the community, but there is no need to “push” people over the edge.
Perhaps the easiest way to “guide” people in the right direction is by handing them a paper wallet with a tiny amount of Bitcoin. No one is saying you have to give away a half a Bitcoin to random people on the street. Start with your friends, family, and loved ones. Word of mouth travels much faster than any other marketing effort.
How do you spread the word on Bitcoin? Let us know in the comments below!
Source: Reddit
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.
Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…
While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…
As the cryptocurrency market gears up for a bull run, IntelMarkets (INTL) is attracting significant…
In the past, Chainlink (LINK) and Solana (SOL) have been among the most discussed altcoins…
The crypto market is abuzz with excitement as 2025 approaches. While Bitcoin continues to dominate…
The cryptocurrency market never sleeps, and every day feels like an adventure. From household names…