Sunday, 6 January 2019

Help Me Coordinate BCH Adoption

In addition to the work I've put into Bitcoin Verde, I've also been working on educating communities and large corporations on blockchain (I pre-apologize for the low production value of this recording), and am also developing the first government blockchain identity system. The next opportunity I'm trying to facilitate is getting the city of Columbus (OH) to accept BCH for its transit infrastructure.

The number one problem I'm encountering is relying on consumers to possess BCH--and to get BCH in the hands of those that do not already have some. Those of low SES (socioeconomic status) and those that are unbanked are particularly difficult to reach since they're the hardest affected by fees and the availability of technology.

My go-to thought on this is facilitating new Bitcoin ATMs around the city. I've reached out to a few providers but haven't had much success yet, and the current ATMs in Columbus take extraordinary fees ($5 fees on $20 cash, which is unrealistic for those simply wanting to ride the bus).

By creating a use case for BCH with something as ubiquitous as local-government transit, I believe other businesses around the city will begin to look at BCH. I think the government adoption of crypto (even if it's indirectly like Ohio accepting payments via BitPay) is the best path to make consumers feel comfortable using it as a currency, and is the most effective way to spearhead mass adoption.

I'd like to publicly reach out here and ask for any providers willing to coordinate with me to reduce fees for consumers so that we can make local-government adoption of BCH a reality. I believe this path is the best way to achieve widespread usability of crypto as a currency.

Please PM me if there's any opportunity to coordinate. /u/MemoryDealers, if you want to play a role, let me know. Most specifically: I need a way to convert fiat cash into BCH without a 25% markup.

submitted by /u/FerriestaPatronum
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source https://www.reddit.com/r/btc/comments/acws82/help_me_coordinate_bch_adoption/

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