Bitcoin Adverts are widely visible on the London Metrorail now

[BrolySSJ 7899]

The use of bitcoin has seen a drastic rise over the last year with many big companies also getting into bitcoin and becoming part of the crypto world. The reasons for the rise in crypto usage is a debate, ranging from the interest to the push brought about by the pandemic, in terms of the economic hit that many countries took, and the advantages of it being a contactless payment in the times of the corona virus. However, in addition to the number of  users rising, so has the number of physical advertisements for crypto, and in specific bitcoin. 

 

Many of the undergrounds metro stations in London are now filled with bitcoin adverts, advertising for the various exchanges for bitcoin. Coinfloor, an extremely large exchange that is based in the UK, has put up many advertisements in the form of posters and billboards to advertise their site and bitcoin. 

 

In order to advertise for something however, one needs to remember that there must be a market for it, and there must be an interest, and of course it must be legal. so these advertisements could in fact be an indication of the changes that are taking place in global governments on the crypto scene and how they view these currencies. This is a great development in expanding the crypto community and getting more and more people involved in this side of the financial system. 

 

What are your thoughts on this? 

 

If you would like to read more about this article, here is the link:

https://www.coindesk.com/bitcoin-exchanges-flood-londons-metro-with-adverts

[1qDan 478]

The ads are a starting point for the promotion and adoption of cryptocurrencies, I find it interesting that the United Kingdom is promoted, since its economic system is very closed and rooted in the industrial or typical of the concept, in the same way cryptocurrencies They have taken a lot of ground this year thanks to the pandemic, something good should bring this whole situation.

[Whited35 15285]

4 hours ago, BrolySSJ said:

Many of the undergrounds metro stations in London are now filled with bitcoin adverts, advertising for the various exchanges for bitcoin. Coinfloor, an extremely large exchange that is based in the UK, has put up many advertisements in the form of posters and billboards to advertise their site and bitcoin.

It indicates the growing craze and adoption trend of Bitcoin. Recently, I got an update regarding another ATH of Bitcoin realized price. It indicates, even the small retailer users are getting interested into Bitcoin. Not only the case of UK, people attempts to advertise their business exhibiting Bitcoin as payment method in the other countries too. It really gives the positive message regarding the adoption of Bitcoin. 

[Jromz 2158]

This is actually very interesting, I know this city well and can confirm the daily influx of people in the tube stations is rather abundant, meaning that a huge number of people are now exposed to these advertisements about crypto, and probably will make them curious to join the crypto world, which is really beneficial for mass adoption. 

[KHALED ADWANI 1216]

Not only in London
There are many advertisements that fill every place in the streets of Istanbul, the capital of the Turkish economy and one of the most important cities between the Asian and European continents.

This is something that encourages many people to enter this field because these companies obtain advertising licenses means that this is allowed here and you can use it without any problems In this country

[Syedbesharat 5423]

Coming out publically means the they are confident at BTC.Before that the BTC was considered only online world currency who known by only specific people but the world is changing their prospective toward crypto after pandemic and the rate of adoption have touch the sky this year. Their for we are seeing strong appeal of adoption in people for BTC.Their for  the exchanges have make poster and place them in subways to make people realise the existence of BTC and crypto. 

[Amiami 1362]

Advertising is important so that the use of Bitcoin and cryptocurrencies is distributed among those people who are disconnected from innovations in the financial world, especially those adults who only live to work, I think that public would be interested in what offered by Bitcoin.

 

Another advantage is that through these announcements misinformation could be reduced, since surely many end up investigating cryptocurrencies and will realize that the announcements of certain media tend to be yellowish.

[Teminali69 1081]

For the first time I hear such publication for bitcoin, this is a good step and the one that would make bitcoin more known to the world, I even wonder how their government allowed such a thing.

Edited December 14, 2020 by Teminali69

[progma 326]

its obviously a step on recognition as on  physical advert been exposed on some many different class of people to actually know about it, cryptocurrency have come through a long as on how many different people now see and talk about it, some are on its adoption others are on its drawbacks its now a debate to many financial analyst

[kyoukage01 3181]

In other news, the UK government is planning to make moves to restrict cryptocurrency promotions and advertisements by urging companies to undergo regulatory measures. The government reasoned out that this must be done to protect the populace from false and malicious promotions that may aim to scam customers.

15 hours ago, BrolySSJ said:

Many of the undergrounds metro stations in London are now filled with bitcoin adverts, advertising for the various exchanges for bitcoin.

So those advertisements posted have already taken the notice of the UK government, and they are now stepping in.

 

Here is the link to that news.

https://www.coindesk.com/uk-government-moving-to-restrict-cryptocurrency-promotions

 

Edited December 15, 2020 by kyoukage01

[Frodler 943]

10 hours ago, kyoukage01 said:

In other news, the UK government is planning to make moves to restrict cryptocurrency promotions and advertisements by urging companies to undergo regulatory measures. The government reasoned out that this must be done to protect the populace from false and malicious promotions that may aim to scam customers.

Well I think if these is the true intentions of the government then I don't see any wrong in that, who ever is willing to start a geniun crypto enterprise should be strictly checked and given a pass of approved verification. 

[kyoukage01 3181]

11 hours ago, Frodler said:

Well I think if these is the true intentions of the government then I don't see any wrong in that, who ever is willing to start a geniun crypto enterprise should be strictly checked and given a pass of approved verification. 

It would have been a fair compromise if it stops there: governments give protection to crypto users and in return they place taxes on crypto assets. But any more than that and the UK government may start to insinuate that they want to exercise full control of cryptocurrency in their country, and we know how government control of crypto is being frowned upon by the crypto community.

 

Edited December 16, 2020 by kyoukage01

[Ab.Waheed 978]

In many countrys advertisements are used for doing some work . Its good like in Istanbul and you also say in London it happens they have licence to use it they help people to have great opportunity of work and welcome more people in these days in forum .

[Nab 263]

many governments intend to implement some projects in which some cryptocurrencies is used to make digital transactions,there is a great challengue because most governments do not want to adopt digital currencies as there is a risk of economic crisis, however in the future we will see more development of services that are paid with digital currencies.

[Khan 1414]

10 hours ago, Serdar202009 said:

Bitcoin has now completely entered people's lives. Because its price is more valuable every day. Realizing this, some investors invest their investments in this coin, even if there is a risk. Well, we are human beings, and we think that wherever there is value there is money.

Many users are being involved into the crypto world and now they are expecting much more from the crypto but the issue is the price stability of the crypto currency.

[pablomarwan 3082]

The reasons for the interest of many people in dealing in encrypted currencies are multiple, including the price of Bitcoin, which has risen tens or even hundreds of times over 10 years. Also, the epidemic. Finally, companies target this point in order to attract more clients. All these options agree with you on them. All of them have led to an increase in the number of destitute people on cryptocurrencies, and it will continue to increase until it will not stop at this point.

[cryptovlek 2597]

It is exchanges advertisements, I don't have an opinion, while they do some more exposure for Bitcoin and millions of people will see them, it is about these exchanges Luno and Coinfloor. It helps but people already know Bitcoin so it mostly helps these exchanges.

[Sykkuno 2887]

Any Bitcoin advertising is helping and the message is always send to many if this is in the metrorail that has every day so many people using. It is targeted to the middle class that has an income and can be the retail adoption that is expected for Bitcoin. It will help in the way as Bitcoin is already known but sometimes it is forgotten and having ads today together with the news coverage that started it will make Bitcoin very big in time.

[Sonia Ali 507]

First of all thank you very much Because I have read your post, it has revealed a lot of things that I did not know about before. You should always share such information because they have come to know the new plan. 

[Edwinvicky 819]

Well that is good news, it will help the spread of it and many people will start believing in it since it has already in the public display because many people believe in public advert because they believe government approved. 2021 adoption of bitcoin will be huge as we are seeing because this year brought in many newbies into crypto community.

[Mehmood893 0]

Good news about forum. There are many advertisement this fill streets and everyplace turkey also in aisa and eupion country also .

People advertising their business through Bitcoins Wallets and also promote cryptocurrencies through vedio uploading in youtube

[godislovefll 1880]

On 12/14/2020 at 8:30 AM, BrolySSJ said:

The use of bitcoin has seen a drastic rise over the last year with many big companies also getting into bitcoin and becoming part of the crypto world. The reasons for the rise in crypto usage is a debate, ranging from the interest to the push brought about by the pandemic, in terms of the economic hit that many countries took, and the advantages of it being a contactless payment in the times of the corona virus. However, in addition to the number of  users rising, so has the number of physical advertisements for crypto, and in specific bitcoin. 

 

Many of the undergrounds metro stations in London are now filled with bitcoin adverts, advertising for the various exchanges for bitcoin. Coinfloor, an extremely large exchange that is based in the UK, has put up many advertisements in the form of posters and billboards to advertise their site and bitcoin. 

 

In order to advertise for something however, one needs to remember that there must be a market for it, and there must be an interest, and of course it must be legal. so these advertisements could in fact be an indication of the changes that are taking place in global governments on the crypto scene and how they view these currencies. This is a great development in expanding the crypto community and getting more and more people involved in this side of the financial system. 

 

What are your thoughts on this? 

 

If you would like to read more about this article, here is the link:

https://www.coindesk.com/bitcoin-exchanges-flood-londons-metro-with-adverts

Every day the acceptance of cryptocurrencies is more evident and this is thanks to the popularity of BTC that is why we will see this type of advertising more frequently, which gives us good news for the world of cryptocurrencies.

[jappy 1129]

This will undoubtedly be sold, the btc is every day more popular suprememante and this will help in the near future to the world economy because its demand will increase due to its popularity.

[yulitzacalvete 1366]

They are good things that are happening over the years, and this supports a lot to all the people who own cryptocurrencies since an advertisement can achieve many things since it is a support as such to the cryptographic community

[ibrahim halil anaç 138]

Bitcoin, alt coins and crypto currency stock market ads are now on televisions, advertising billboards, internet video channels, newspapers, magazines, etc. It appears almost everywhere like. These advertisements announce to us that a new era has begun in the economy.