Questions for FTC Forum Members
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“For the sake of full disclosure, yes I am the Director of small organizations that does accept cyrpto-currency donations.”
There are three major inherited issues with all crypto-currencies: 1. Most do not understand the concept. 2. Not enough merchants accept them. 3. Bad Press coverage.
I would like to ask everyone a few simple questions:
- What are your ideas to bring in more merchants that accept crypto-currency?
- If a new coin came out today, what would you like to see in that coin?
- If you were to donate coins, what type of things would you donate too, how much and how often?
In order to solve the inherited issues, the answer is education. People of afraid of the unknown. As for the press, well the press is going to be the press and only report the bad.
The questions I asked are for informational purposes. Thanks
Gary
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I’m definitely not the best one for answering these questions but, what about checking out these posts?
https://forum.feathercoin.com/index.php?/topic/6631-shock-and-awe-campaign
https://forum.feathercoin.com/index.php?/topic/6583-1-min-ftc-viral-video/
https://forum.feathercoin.com/index.php?/topic/6626-changing-the-hashing-algorithm/
Quite a lot of different opinions that may bring you the answers you are looking for!
Sorry if they don’t…
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I’d argue you need to educate on how it can be used rather than how it works.
Chatting about crypto with family and friends has shown me one thing, most people don’t care how things work if they have established trust. If you try to explain how it works you may get vacant stares, I’ve heard "Oh that’s far too complex, people won’t adopt that’, I really don’t agree, I don’t think it is complex to use, I think you can use it without learning how it works. People don’t know or care which port their e-mail client uses or how DNS works or even how their car handles fuel management and they really don’t care providing they trust the system in place.
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I agree that’s the real benefit here its simple at the point of use and so computationally complex in the code that it cant be duped which is where the trust comes from.
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I’d argue you need to educate on how it can be used rather than how it works.
Chatting about crypto with family and friends has shown me one thing, most people don’t care how things work if they have established trust. If you try to explain how it works you may get vacant stares, I’ve heard "Oh that’s far too complex, people won’t adopt that’, I really don’t agree, I don’t think it is complex to use, I think you can use it without learning how it works. People don’t know or care which port their e-mail client uses or how DNS works or even how their car handles fuel management and they really don’t care providing they trust the system in place.
I agree with you on this. Maybe the wording I should have used is, what are the benefits of crypto-currency. As I stated in my original post I am the Director of small organization, the benefits are numerous for us. With various online market places for goods and services we are able to do more than we could before.
Personally I do not look at the complexity of the coin in question, I look at the coin itself when compared to other coins of like amounts, maturity, total coins and available markets.
