Bitcoin
$9,115.18 -1.30%
BTC · 3w

Bitcoin Will Make Your Life Better, Just Like the Internet Did

Bitcoin’s narrative must revolve around the better life it offers to its users

With Bitcoin, I’m convinced that the narrative we need to adopt is this one. Bitcoin will make your life better. This is how Bitcoin should be presented to the general public for mass adoption.

The revolutionary technical aspects of Bitcoin must stay with the people who can understand it. There is no point in losing the general public by explaining in detail how the Proof-of-Work algorithm works.

The general public wants to understand why Bitcoin will make their lives better.

To begin with, it seems obvious to explain that Bitcoin allows people to transfer money around the world securely in just a few minutes.

Your son went to school in Hong Kong, and you live in New York. He calls you on Saturday morning. He tells you that he has a problem and needs $1,000 immediately.

Since it’s the weekend, you won’t be able to make a bank transfer. Moreover, even during the week, the SWIFT global interbank payment network has a delay of 2 to 5 days at best for this type of transfer around the world.

You therefore have no solution with the current banking system.

Bitcoin works all the time. Transactions on the Bitcoin network can be carried out 7 days a week and 24 hours a day.

With Bitcoin, you are able to send the equivalent of $1,000 to your son on the other side of the world. This applies regardless of the time of day, or day of the week. After ten minutes, the destination address on your son’s wallet will be credited with that amount in Bitcoin.

I should add here that transfer fees will also be minimal. With SWIFT, the fees would have been much higher.

Go to medium.com
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