RE: Who leads the Bitcoin Industry?

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Who leads the Bitcoin Industry?

in bitshares •  7 years ago 

but what will ultimately matter is adoption. And that, I think, is more a factor of Utility and Performance.

Actually, adoption is a mixture of utility value and public perception, which is managed by marketers. Thus it becomes a balance between technology and business interests.

Marketing AND technological prowess are the 2 primary factors projects have direct control over. It's no surprise to me that the projects with the biggest marketcaps are those with strong marketing (not counting Bitcoin, it is biggest b/c it has 1st mover advantage & years of additional use / history).

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@stan & co have been making some HEROic efforts to move public perception!

I don't see Bitcoin spending money on marketing. Word of mouth is it's biggest advertisement which has always been the most effective means of advertising, especially if that mouth is one that the listener trusts!

Yep, which is why I excluded Bitcoin from my marketcap generalization (last sentence in parenthesis).

Segwit2x has been cancelled: https://steemit.com/segwit2x/@usethebitcoin/mike-belshe-segwit2x-will-be-suspended

Take a look at it. Thank you.

Yes. Marketing and industry networking skill could definitely be another revealing axis to consider.

Indeed. I would love to see the magnitude of the marketing money projects spend.

Segwit2x has been cancelled: https://steemit.com/segwit2x/@usethebitcoin/mike-belshe-segwit2x-will-be-suspended

Take a look at it. Thank you.