3

1.33

mBCH

Created by
toorik 3k about 5 months ago

How would you increase bch adoption with a 1000 usd.

Please write at least two ideas how to increase adoption. Bonus points for using shareable links en masse :).

See task infos

Comments (5)
genskyblue 0 about 5 months ago

for me making a event likes poster making and other informative event just to empower other users to use BitcoinCash

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zajac 0 about 5 months ago

The major value in fiat currency lies in that it has high liquidity. A trade economy has low liquidity since two individuals must want what the other has for a trade to take place. For cryptocurrency have high liquidity, the ability to convert currency into a desired item and vice versa must be easy. A reasonable assumption is that for cryptocurrency to be adopted at high rates it must be a) more valuable than fiat currency, or b) more convenient than fiat currency. Ideas for how to increase liquidity through adoption rates: 1. Marketplaces for legal goods would give buyers greater access to vendors who accept cryptocurrency 2. Education about the ease of purchase through wallets 3. Use in real estate markets The volatility of cryptocurrency must be stabilized for mainstream adoption, likely through centralization which is antithetic to the underlying principles of cryptocurrency. This is already common practice for banks who often have their own P2P systems with stable pricing.

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Solutions (5)

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technica 97 about 5 months ago
5.25 mBCH
Accepted solution

0

jobbyseal 4k about 5 months ago
5.25 mBCH
Accepted solution

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markie01 118 about 5 months ago
5.25 mBCH
Accepted solution

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crypto99 49 about 5 months ago
5.25 mBCH
Accepted solution

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sjbuendia 589 about 5 months ago
5.25 mBCH
Accepted solution