Bitcoin Mass Adoption Has Arrived

in LeoFinance3 months ago

Things are feeling more like 2017 by the day. Bitcoin Mass Adoption has arrived in more ways than one. As we see new entrants into the space, we're going to see a growing need for both fundamental and surface-level content about crypto.

Today, Maisie Williams tweeted about Bitcoin. She didn't just make a nonsense tweet about Bitcoin, she said "should I go long on Bitcoin" which I find especially interesting.

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Didn't think that was bullish enough? Look who replied to her:

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$20k here we come?

First They Reject You [...] Then the Celebrities Tweet You

Looks like we're in the celebrity phase of the Bitcoin cycle. Many of us have already been exposed to this in 2017 but it definitely has a different feel this time.

Rather than a bunch of celebs being paid to join "crypto ICOs" and tweet promotional jargon about the next IoT, they're actually just tweeting about BTC.

Many influencers in the space like Pomp have discussed this bull run as being different than 2017. One of the main things you'll notice is the level of education and usability that is in crypto today versus 3 years ago.

Back in the last major bull cycle, people gravitated toward fast money. In this cycle, the conversation is largely around BTC as a store of value and hedge against a macro environment where central banks are printing massive amounts of money and devaluing fiat.

The conversation is turning to value rather than speculation.

How Does This Help Us?

As Bitcoin hodlers, there is an obvious benefit. The majority of my portfolio is Bitcoin (BTC) which makes a bull run especially important.

For LeoFinance and Hive, we all can recall what happened to Steem during the last bull run. Altcoins saw a great deal of money pour in which increased the price and thus, the value of content creation/curation rewards.

This increase in price led to a massive wave of new signups.

Personally, I'm focusing the majority of my resources at onboarding new users by making it easier than ever to signup to LeoFinance x Hive. An important part of that is also creating a platform that is worth using. Steemit managed to attract a lot of users in the last bull run and that was with a poorly designed UI and a pretty horrible marketing/community management strategy.

With LeoFinance, we're focusing on user experience (UX) design from the ground up. Everything is designed and implemented with our current and future users in mind. As we enter the next bull run, LeoFinance will serve as a net to draw in new users to a vibrant, user-friendly and fun platform to use for information and entertainment each day.

One thing is obvious: a massive bull run in Bitcoin is going to lead to a subsequent massive wave of attention on https://leofinance.io.

Growing our core userbase and signing up new accounts is our #1 priority. In the next 6 weeks, you're going to see some massive changes to the LeoFinance that are all aimed at this mission.

We started with Metamask lite accounts with our LeoInfra project but there is so much more on the way. Can't wait to unveil that. For now, I'll just sit back and count my Bitcoins as we continue to buidl for the wave of incoming users.

 

 

LeoFinance is a blockchain-based social media community for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

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Khal is the new Elon!

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Elon has a Khal painting on his wall in his office at Tesla.

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Hahhahah! starting the popularity phase now. Good times ahead!

It is much better than the early phase where people looked at you like you were crazy for buying magic internet money.

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They still do. LOL

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lol true but there are less of them now.

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Moon is closer ;-)

Yessir, here we go (again) !

Phase initiated

Moon soon

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Hold on Eddie, grab your best running shoes, cuz the run is about to happen, that looong awaited one.

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I hear you man

Everyone wants to follow the money, I'm guessing for her to say "should I go long" she might have already been a short term holder of BTC by all means.
This means good news, some of these people are FOMOing but if they'll put in money then all the better

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Whose Masie Williams?

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That was exactly what I asked myself.
Although I wanted to joke:

Who is Elon Musk?

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she is an actress from game of thrones

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What's game of thrones?

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some tv show with lots of nudity, rowdy dwarves, eunuchs and dragons... did I mention the nudity?

My Masie Williams! 😉

LOL Elon is great, oh valley of plenty

Haha I literally can't get the song outta my head now (again).

oh valley of plenty oh valley of plenty oooohooohoo

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lol it really is catchy. I was humming it for days when I first heard it.

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Talking about user friendly UI . . . I am new to The leofinance platform and I can't work out how to search for a particular person. It's probably embarrassingly obvious but I can't for the life of me see it.

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There is no search function yet. That's part of a larger advanced search feature we're working on which will let you search the whole blockchain in a user friendly and intuitive way - much more similar to something like Twitter search than the current forms that are available on Hive today.

:)

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I'm using the occasion to let you know about my suggestion, posted today -> leofinance.io Improvement Suggestion
Please take a look when you have some time, I would really appreciate it. And at the bottom of my post, there's a link to another suggestion, made by our friend @edje.

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Good to know it wasn't staring me in the face then. Thanks for the reply. 😊

Good Karma has a pretty good search function. He took it offline, but is available in his Ecency app. I'm using that one since it was launched, the search engine. Now am using Ecency app as well, on my phone, but also laptop, because of the search function.

@khaleelkazi and @edje, It is still functional, online, never been down/offline and it is opensource and free, head over to https://hivesearcher.com and get your API keys and start integrating.

still functional, online, never been down/offline

I used this search engine, but then I guess I lost the URL and was not able to find it anymore. The good thing that came out of that: I installed the latest version of Ecency on my laptop and started using that App for some of the work I do around the HIVE chain :)

opensource and free

Thats what I thought: Super you passed by to articulate this again. I like to see this engine to be integrated with PeakD and LeoFinance. Search shall be in the same UI as where we blog. You did a good job doing this with Ecency. @khaleelkazi I suggest to add this feature sooner than later! The beauty of such content search engine is the simple fact we can search the history, rendering our content still valuable after publishing this longer than a few days ago. I search the HIVE chain from time to time to cross link older content, or learn from older posts in whatever topic I want or even need more information. I also suggest to give the content search feature a prominent spot within Leo Finance in order for users to start using it.

Enter

leofinance.io/@username

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Good idea. Thank you!

Were you looking for @acesontop?
Here I am.

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😂 No. I wasn't. I can't remember who it was now!

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I know, just kidding :))

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Look who is still around!!!! ♥️

Back at you. 💙

I'm mostly browsing these days. Very nice to be remembered though. thanks! 😍

Yeah, customers keep coming in a purchasing items with Bitcoin. In one week I had a couple from Queens, NY and a couple from Germany; I blogged about it here:

Two Bitcoin Payments This Week, is it a sign? 🤔

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We’ve always had major influencers, adoption is apparent now though due to the growth in common/small BTC (and other crypto) transactions globally. People are finally using bitcoin as money as well as a store of value.

I’m in Jamaica and tourism is at it’s lowest Due to the pandemic and yet more people are booking rooms and buying from merchants that accept Bitcoin.

Adoption is finally here for sure 😎👍🏽

Really cool to hear about your local experience with BTC pot-friendly tourism 😎👍

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Hey @donald.porter, good to hear that people are coming in and using crypto/ How is tourism going for you over there, is it slowly returning?

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There is no doubt that Bitcoin is being taken seriously as an investment by people both inside and outside of the field in the last couple of months. This is especially true on Twitter where I'm seeing people getting a lot of likes for their posts because they are about Bitcoin. It is cool again :p.

I do hope this continues to alts and the dapp market so we can really see growth into the mainstream. The door is there we just need to work hard to get it open.

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Believe it or not I arrived into "Steemit" just at the ATH of STEEM, I created my account on January 3rd, 2018 and it got accepted next day. I got here thanks to Jerry Banfield who made a series of ads on Facebook. To be honest they were a little cheesy and all of this sounded too good to be true, I'm sure a lot of people did not join for that reason. I saw the ad several times and I decided to join as it was free. I got good results in my first few posts and now I'm here.

I'm looking forward to seeing how the market grows in the upcoming weeks/months.

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i feel a lot of us january 2018 kids stick around, not sure why :D you were lucky, i waited for at least 10 days. now you get an account in few seconds.

Yes! I have seen many active users from that time, it was a nice time to join, even though we have only seen the price go down except for the Hive price going up on April. And yes, it's nice for new users to be able to create accounts in seconds.

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That is a big step forward.

There was a time when it took like 2 weeks (or more) to get an account approved. It was nuts to think that people would even remember what they signed up for after that period of time.

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Where was I when BTC was just struggling to gain traction before people. It is quite interesting to see the bulling on the path of BTC and I want to say that soon it goona hit the moon.

I can't afford to joke with this opportunity Leofinance has offered. I am persuaded that soon LEO will also become the talk of the Town from the look of things.

Tomorrow might make LEO the next BTC and that will be too awesome.

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You said it right... Before celebrities were paid to shill some coin, but today they are bragging how they are buying BTC!

Win-Win! :)

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We're on the right track :) Any attention is welcome and this is a good one.

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I missed out on the first bull run and no my bags are still not ready, I'm trying to diversify as much but not too much, and with very little funds, hence my restrictions.

I hope I'm betting on the right bags

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It's great to see this happening!

Yes, it's a very different picture from 2017... this strikes me as a similar point in market evolution to where tech/dot-com stocks were in mid-2003. All the "high rolling gamblers" had been more or less shaken loose, and we're being replaced by long-term "value investors" who were picking and choosing the "wounded warriors" that had solid underlying business ideas to put their money into for the long haul.

Right now, it seems to be mostly BTC, but it'll be interesting to see which of the ALT's benefit the most from this rising tide...

=^..^=

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The difference I see here is that I dont think we are as far along in terms of development as the Internet was in 2003. We are still, comparing the two, in the 1990s. There is still a lot of foundation missing.

We havent even had our web browser moment.

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Without a doubt, we have a long way to go... we're still lacking significant solid use cases the general public can relate to, on a large scale. The Libertarian-leaning "decentralized money" idea is still pretty much a niche perspective. Most people don't care whether money is decentralized, they just want to be able to use it.

=^..^=

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That is very true.

Although decentralized content is starting to take on new meaning. With all the censoring and account closing, people are starting to take a new look at things.

We offer a solution to that. Just watched the latest video that was put out by Matt Starkey, it was very informative as to what we are going to see on here.

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Just add tools, tools and even more tools to make it easier for a regular internet user to switch to web3 sites.
So far nobody has been doing this like the leofinance team so i cant wait to see what comes next. Last time around steem wasn't ready for a lot of users and wasted a huge opportunity. This time around we arent there yet but the right tools are being put in place now to get there. Thanks for all the hard work for hive and leo.

You didnt like Ned's guitar playing?

Didn't that make it all worth it?

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Oh, that guitar and his hair... and how he left Justin Sun speechless under the sun.

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Your first line had me. Its starting to feel like 2017 again.

I agree 100%.

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I don't know who Maisie Williams is, but I'm glad people like her are starting to talk about Bitcoin.

Well I would love to see how all these hype for btc impacts alts positively. I wasn't around during the last bull run but it is nice to see people warming up to bitcoin.

Keep up the good work with leofinance. It is one of the few living projects here.

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Things can go nuts. Parabolic moves are fun, exciting, and, sadly, collapse.

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bitcoin was a nice start
wont scale though

Maybe it doesn't even needs to. It broke the ice for the scalable ones.

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Novogratz responded to that Tweet saying it's going to $65k...

there really is a lot of positive pressure for Bitcoin ...

despite the sales recorded in November, probably due to the miners liquidating to collect fiat money and pay the electricity bills, Bitcoin managed not to give up ground and to overcome the $ 17,000 barrier

We hope that sooner or later some of this liquidity will flow into the altcoins :)

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One of the main things you'll notice is the level of education and usability that is in crypto today versus 3 years ago.

This is one thing I definitely noticed after "coming back" to Bitcoin/crypto in 2017 after trying to wrap my head around it when I first heard in 2012. Everything seemed a lot more "accessible" and mobile apps were around. Fast forward 3 years and there's even more apps about that require less work and feel more familiar that I've been mentioning to my non-crypto friends a lot more recently. I think the jump to crypto even 5+ years ago was an alien world to many.

I think the narrative around Bitcoin (at least) has changed a lot like you mentioned - store of value. Already implies long term mindset with it. When I heard that phrase first brandished about the place, pretty much loaded up the Ledger for cold storage and I'm looking more into CeFi, thanks to reading about it from a long time user on LeoFinance actually!

I'm focusing the majority of my resources at onboarding new users by making it easier than ever to signup to LeoFinance x Hive.

Keep up the great work, that user experience in the first place is really important and love the vision/focus on this. I think those who've been around long enough remember the convoluted sign up process (still is to some extent - memorable password? Nah mate, have 10 keys, 5 private, 5 public instead LOL)

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Interesting, right now the poll is 53% no and 47% yes with almost 900k voters.

A lot of people still don't look at Bitcoin with good eyes, but that is going to change significantly in the next years, it seems more solid than in 2017.

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More and more people are researching and discovering various cryptocurrency projects! These are exciting times and hopefully, we'll get some of those people here!

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Unimaginable but it is happening 😅 The tweet reminded me the bull-run in 2017 and the speculations of well-known people 😌 These things are essential to be remembered by millions ^^

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We're still not there yet imo. I believe that 2021 will somehow replicate 2017.

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My take is that many celebs and technocrats such as Elon Musk have been accumulating BTC for years, but they simply didn't go on TV and talk that, it's not dumb money that we can call them.

These people don't get euphoric or depresses. They understood the tech... probably, saw in which direction the world is heading and are confident of what they're holding in their baskets.

In regards of price valuations for cryptos it really feels like fundamentals have just started talking and we no longer have the madness and chaos we witnessed in 2017. This time, or at least at this stage, most of the upwards movement has been led by large financial institutions and those are not investing in bitconnect or NXT...

Hmm, no no no... May you be right and Hive and LEO will replicate at least the success of Steem in 2017.

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let's see how this will play out! i try not to be that optimist cause i have seen this before, so this time will sit back and check out of curiosity what's about to happen next!

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its a game of coins

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Personally, I'm focusing the majority of my resources at onboarding new users by making it easier than ever to signup to LeoFinance x Hive. An important part of that is also creating a platform that is worth using.

Keep up the great work Khal!

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Awesome! That means all they've noticed us all along but I think pride won't let them identify with little beginnings. Now, things are going big and they want to be here now. It would definitely cost them more to join now.

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I'm certainly a fan of Arya Stark lol. i think celebrities been talking about bitcoin for a long time now. Joe Rogan has the most popular online presence of them all. We know he has had quite a bit of bitcoin.

Adoption to me is when the average joe has bitcoin. Like there was a time nobody traded stocks. It was a big process to get orders to your floor broker. Then everyone was online trading themselves and every 401k had stocks in them. So i think btc will probably do well when it hits retirement accounts that sorta thing.

When there is an easy interface like paypal but unfortunately thats more a win for paypal and it's future crypto than btc. However the idea is the same. Easy identifiable ui's that people already use. So we get there then i'll really think something going on. Celebrities on the btc buzz is kinda normal but maybe there is a shift coming to get us more than 50-75 million real wallets that aren't duplicates.

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One of my favourite characters in GOT

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What's good for the goose is good for the gander. Hive and Leofinance will rise up together!

Seems like many who rejected now saw the clear potential in it and so they want to be part of it

With the stats I saw posted by @vimukthi we've basically seen mass adoption in Venezuela. What's left for us is the other markets. What some people earn on LEO + Hive is more than what middle class jobs earn in developing countries. If enough merchants use http://hivepay.io those new users will be able to instantly use their earnings to buy stuff. That'll be a HUUUGE positive feedback loop!

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For LeoFinance and Hive, we all can recall what happened to Steem during the last bull run. Altcoins saw a great deal of money pour in which increased the price and thus, the value of content creation/curation rewards.

That sentence is really inspiring me a lot. Well i don't have bitcoin but i belive in hive and leofinance. altcoins time will arrive too. cheers !!

Steem delegate high power officially to steemcurator1-6. They work on a certain tags with projects to help minnow to grow by giving cool upvote. Most new members are korean anf chinese. Let's learn from steem though we disagree with decentralization. The encouragement program by steemcurators have great impact to minnow members to stay. I hope leo and hivr will do better than steem how educate and encourage minnows and new members to stay. More holders more popular a coin. It means that the demand will increase and affect to the price.When hive users increase , I hope there will be mass adoption to hive smart contract.

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...sit back and count my Bitcoins...

Ohhh, what a wonderful pursuit ! 😃

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Like 2017 ?

Well, to many - probably it is.

Personally to me - it rhymes much more to late 2013.
When my wife run inside one day, yelling:

Have you seen this, have you seen !? It reached ONE THOUSAND !

The days when just about the only place to go and check it was MT.Gox

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Now the Bitcoins number is bigger than 2017, even if the value may be less than 20k, so the total market cap available is bigger.

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It’s a pretty interesting time and vindicating for most of us. I wasn’t expecting it to be this easy...I still kind of have both eyes open waiting for some drama to pop up, cause this is just so easy. Maybe this was their plan all along? Maybe Satoshi was them all along? Or maybe the banks and govts have figured out a way to adapt to this new paradigm? Whatever, I’m just here for the ride. It’s nice to not be so poor anymore. I’m glad I was patient.

Good to hear Leo is focused on onboarding. Sometimes I feel you guys are a little too aggressive at brining in more users from hive but the truth is the other dapps haven’t caught up to you because Hives user base (and therefore resources) are too small and so it’s hard to build excitement. There is much more to be gained by Leo looking outward to grow. You could potentially spark a new interest in Hive and create a brilliant network effort for all the dapps. It’s basically up to you and 3speak to bring the developers and investors to help other apps get their act together. Finance and tech should be our first big push cause we are already linked to it.

This time is somewhat different in the sense that all other cryptocurrencies/tokens did not go up in price instantly with Bitcoin but surely there is going to something interesting if Bitcoin all time highs can be broken.

LeoFinance is now more than a just a side-community of Hive but pretty much a self-sustaining ecosystem.

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Musk! Thanks for sharing!

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