RATE Group | What Bitcoin Maximalists Can Teach Us About Cryptocurrency Adoption
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What Bitcoin Maximalists Can Teach Us About Cryptocurrency Adoption

What Bitcoin Maximalists Can Teach Us About Cryptocurrency Adoption

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In many cryptocurrency communities, such as the Dash and Bitcoin Cash ones, the ideas that Bitcoin maximalists hold (including limited on-chain scaling, “hodling” instead of spenidng, and the idea that Bitcoin isn’t for everyone) are antithetical to real use and adoption. However, I’m here to tell you that they get one thing absolutely spot-on about adoption that we could all learn from.

Crypto advocates market to a customer base that doesn’t exist yet

Right now, most of the industry targets nonexistent customers. Now, those heavily involved in moving forward the adoption of cryptocurrencies by the general public can probably think of quite a handful of target markets that can be well-served in adopting blockchain-based digital payments and other similar applications. Crypto can absolutely revolutionize remittances, online gaming, high-risk high-chargeback industries, trading arbitrage, investing, nonprofit and public funding transparency, and so on. It’s…

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