Viewing a response to: @abisola12/fkqb92yx5
If Satoshi Nakamoto(founder of bitcoin i guess) had asked me for marketing advice — a field in which I have ZERO experience — here’s what I would’ve said. For most people in English-speaking countries, “crypto” conjures one of three images: Dead people and coffins held in the basement of a church. Something weird and technical. Something illegal. For that reason, I would have told him not to use “crypto” in ANY context. That said, no, at this point, I don’t see the point in giving it another name. People will gradually use brand names to refer to whatever cryptocurrency they’re talking about. You’ll say “Bitcoin” or “QuoraCoin” instead of cryptocurrency — like the way we say “Coke” to describe Coca-Cola’s flagship product, instead of saying “flavored soda-water” and expecting people to know which brand we want. But yes, if I could’ve gone back in time, I might suggest dropping “crypto” altogether. Cryptocurrency is money. People don’t like crypts, but they like money.
author | abisola12 |
---|---|
permlink | p3cs42y55 |
category | musing-threads |
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