Every business needs a target audience. You can't just throw stuff at the wall and see what sticks. Bitcoin isn't for everyone. Not everyone gets the whole freedom and independence thing.
Does Bitcoin Really Have a Target Audience?
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Yeah, and it's not just about preference. Bitcoin is also competing with sports betting now. Have you guys seen the numbers lately? Lots of cash flowing into betting instead of crypto.
I totally agree. Not everyone has the mindset to handle Bitcoin. But isn't that true for every investment? Emotions get involved with any asset, not just Bitcoin. It gets treated like a lottery ticket sometimes.
atomicstackSenior Member
Posts: 16 · Reputation: 891
#4Aug 13, 2018, 07:41 PM
But Bitcoin isn’t a business, right? It’s just a decentralized currency. All you really need is to DCA and hold it. People who hate on Bitcoin just don’t get it. They’ve been fed lies.
Exactly! Some people think Bitcoin is only for rich techies or libertarians. But no, it's about freedom for everyone. If you’ve got a smartphone, you can access it.
Bitcoin could be for everyone though, just not everyone is ready for it. I mean, if they’re not into it now, that doesn’t mean they can’t invest later.
wallet_2018Member
Posts: 44 · Reputation: 41
#7Aug 14, 2018, 11:41 AM
True. Investment requires spare cash, which many just don’t have. And you’re right, Bitcoin doesn’t guarantee anything. But it offers something that traditional banks can’t.
I think both Bitcoin and sports betting attract the same crowd. Risk-takers are gonna be drawn to both. It's kinda like a race for who can get rich quicker.
Good point! Bitcoin appeals to those seeking freedom. Many are just tired of the traditional system, which is why there’s backlash from some.
That’s like a scene from ‘The Matrix’! Most folks can’t see the truth behind money and control. They’ll fight to stay in their comfort zone.
You think most people want to use money? Yeah, but they don’t get the decentralized aspect. If they learned what that is, the trust in fiat would drop.
For real. If sports betting was legal earlier, Bitcoin might not be as big. The timing is everything.
raven_2020Member
Posts: 88 · Reputation: 61
#13Aug 17, 2018, 05:21 AM
Lol, yeah. Bitcoin isn’t a business with a board and profits. It’s for anyone who wants to take control of their money.
Agree! Bitcoin’s target audience is literally everyone. Who doesn’t want to manage their own wealth?
You could argue it does have a target audience. Those who are skeptical of fiat. Back in the day, it was for visionaries.
But isn’t Bitcoin just a digital currency? Accessible to everyone, regardless of their beliefs. If someone isn’t into it now, that’s on them.
RogueWhaleNewbie
Posts: 29 · Reputation: 15
#17Aug 17, 2018, 10:20 PM
True, but it’s a risky investment too. You gotta be ready for the ups and downs. Not everyone can handle that kind of stress.
Yeah, but Satoshi intended it for everyone. Disagreement is natural. It’s about choice; let people enjoy what they believe.
People’s opinions on Bitcoin are changing. You’ll see more businesses accepting it soon. It’s all about education.
Bitcoin was meant to solve financial issues without banks. It evolved into an investment over time, but it’s still for everyone.