← A Proven Model for Adoption that Bitcoin Cash Should Use A while back there was a project… by @dave_gutteridge
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← A Proven Model for Adoption that Bitcoin Cash Should Use A while back there was a project… by @dave_gutteridge
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> I think you're too focused on the fundamental business model, and not on the marketing aspect. You may be right, but... > in simply giving people deals so that they get stuff. People like getting stuff. small businesses that might be most likely to use this model will only do so based on the decision of their owners, that also happen to be people who also presumably like getting stuff. The PayPay strategy certainly incentivized the business and the customer (the business immediately sold something for income, the customer got a discount).
I think the model still works for the businesses. It generates sales they would not have had otherwise. Also, insofar as they can store BCH in tokens that are marked for future sales, it can be a hedge against volatility. I think there's plenty of incentive for everyone involved. Enough so that I'm absolutely willing and able to give it a try and see how it works, provided I can get the right tools to enable it.
That was the point my other reply was trying to make when I suggested you'd need a new type of token where I was originally assuming you were using an SLP token. I dropped it there, but knowing you didn't understand it, I'm glad you do now.
You assume that a billion-dollar strategy can be scaled down many orders of magnitude and remain successful. This is where you ventured onto shaky ground. In the developing world, 5 USD per-person is unlikely to be viable because 3-5USD is an absolute minimum airdrop to get people's attention. You need infra behind that, such as salespeople, hardware, education, marketing, support, etc. In the early stages, I would not budget less than $200 per-person for the first say 5,000 to 10,000. After that, scale could reduce the per-person costs. But just giving people cash is not a solution because intra-nationally there is little incentive for users to reload in BCH due to volatility. International flows are the center of any path forward. Further, there has to be an ongoing educational program because BCH is not just a simple payment system but a whole new currency, which raises many many questions, doubts and challenges for mainstream people. Absolutely essential we all learn from the past so we can evolve our strategies. https://read.cash/@georgedonnelly/merchant-adoption-is-pointless-without-regular-growing-inflows-8e8446d2
A five dollar coffee offer to a regular consumer is a completely different scenario from an airdrop among existing cryptocurrency enthusiasts. And I have no idea how terms like "international flows" have any meaning in this context. Thanks for your thoughts, but I think this is where we should part ways. I'm content to see if my proposal can work. By all means go out and develop your own strategies, and best of luck to you, I sincerely hope yo can help push some adoption.
Your proposal is an airdrop. It has nothing to do with cryptocurrency enthusiasts. I encourage you to explore what international flows mean, because it is essential to locate adoption efforts in the larger context. If my comments are irritating to you, you can block me. Until then, I will continue to read your posts and comment as I deem appropriate.
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