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Author Topic: Should we Re-Brand Bitcoin?  (Read 3126 times)
denzkilim
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November 07, 2018, 02:42:28 AM
 #241

Do you think Bitcoin needs some Rebranding?

Rebranding is the creation of a new look and feel for an established product or company. The usual goal of rebranding is to influence a customer's perception about a product or service or the company overall by revitalizing the brand and making it seem more modern and relevant to the customer's needs.

First off, the name is a bit confusing? - Most people see the name and associate it with some physical coin. The media is also not helping with this

perception, because with every article about Bitcoin, pictures are shown of physical Casascius bitcoins.

The other aspect of Bitcoin that can be rebranded is it's bad reputation that has been built up and shilled up ..over years.

Every company gets to a point where they need to re-think their original goals and future plans... Why not Bitcoin? We have come a long way

since 2009 and making small changes will help us to take this into a new future, without the baggage of the past.

What would the pro's and cons of this be, and also the impact?

Let's discuss  Grin Grin Grin
What's the sense of all of this? Huh Rebranding Bitcoin name? Where the heck did you get this senseless idea?
Can you explain it to me why the name "Bitcoin" is confusing so I will understand it more clearly? Huh
Rebranding or changing name doesn't make the past erased and it will remain forever even if you rebrand or rename it more than a million times as you please. This kind of idea is just a plain nonsense and will not help Bitcoin's progress or development and I guess you know nothing about Bitcoin, Blockchain and Crypto Currencies.

You just can't rebrand Bitcoin because it would require consensus where majority is agree with your "rebranding" idea. Even if majority agree, that would make confusion, community-split and maybe chain-split just because your idea.
And even if that kind of idea of rebranding is processed(and I am pretty sure that this kind of mess will never ever happen) it will make no impact with Bitcoin's overall flaws and the community will see no sense about doing it.

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November 07, 2018, 02:56:53 AM
 #242

I say rebrand with a patriotic feel =D

Enlightenment Era & Civil Rights Era are two good periods to study.
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November 09, 2018, 02:44:52 AM
 #243

I don't think that there is a need to re-brand Bitcoin because it does not make any difference as they will still works the same way.

Curious, who will do it. I do not think that Bitcoin will be ever re-branded. It is the cryptocurrency which is known as the best one. Even without any changes, it will be the same BTC loved by all.
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November 09, 2018, 05:22:56 AM
 #244

How can we rebrand Bitcoin if the owner is hiding. Some ICOs are actually a rebrand of Bitcoin with added features. All of them offers a decentralized solution.
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November 09, 2018, 06:56:52 AM
 #245

Really no need for rebranding, It will get more power day by day and we all know Bitcoin is the first application of blockchain technology.
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November 09, 2018, 08:02:06 AM
 #246

I think bitcoin doesn't need to rebranding. rebranding is done when a product is not in accordance with the vision and mission of the product made. and when the product or brand already has a negative connotation in the community.
Bitcoin is now well-known as a leader in cryptocurrency and already has many investors. if there is a change in the form or logo of the bitcoin the community will be confused and not necessarily all bitcoin holders agree to this change. Bitcoin prices are down at the moment probably due to some big whales. be patient, bitcoin can definitely pump again no need for rebranding.

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November 09, 2018, 04:34:07 PM
 #247

i think no need to do that because already 10 years birthday for btc, bitcoin already have a fame in market and all over the world.
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November 09, 2018, 04:52:15 PM
 #248

There are any reasons for rebranding.
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November 09, 2018, 05:00:10 PM
 #249

In my opinion, bitcoin does not need to rebrand because bitcoin still occupies the top position as the leader of crypto currencies. Bitcoin is still very popular among the public. Bitcoin is also still in control to influence the price of other crypto currencies. I think bitcoin needs to create innovation. Real innovations provide benefits to its users. I suggest this so that bitcoin can compete with other crypto currency coins and not be threatened. I am sure that if bitcoin is able to display innovation as an effort to improve it to restore public trust, bitcoin will rise again.

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November 09, 2018, 05:32:15 PM
 #250

I dont think anyone can rebrand Bitcoin. We can only do hard forks and make a new coin out of it but Bitcoin will be bitcoin. The people are the support for Bitcoin and I dont think anyone will come forward to do this.

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November 09, 2018, 05:47:46 PM
 #251

I believe everyone will understand what bitcoin is regardless of the name! I also personally don't see the negative image that bitcoin gives off. I think if we were to rename it now, it would add further confusion to bitcoin.
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November 09, 2018, 05:49:57 PM
 #252

i think bitcoin does not need rebranding, it still proves its popularity and this will continue, all that bitcoin needs is more to speed of transactions and minimal commissions.

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November 09, 2018, 06:55:29 PM
 #253

Bitcoin is one of the names i love so much. Internet (Bit) and Money (coin). What a perfect name. I think re-branding  of bitcoin isn't necessary.

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November 09, 2018, 07:26:35 PM
 #254

That is unnecessary because it only consumes us time and can cause confusion
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November 09, 2018, 10:08:37 PM
 #255

Bitcoin doesn't need re-branding in my opinion. Of course it has its drawbacks but it's alright because it was the first one, it's natural to have such mistakes. If we re-brand BTC it will no longer be itself.

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November 09, 2018, 10:08:48 PM
 #256

Why should we going to rebrand the bitcoin? Bitcoin will remain itself don't need to rebrand it because many people use the bitcoin and adopt it, rebranding the bitcoin would affect the world of currency so that no need to rebrand it, specially the name itself is the one who got became popular all over the world.

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November 10, 2018, 12:38:40 AM
 #257

It seems to me that Bitcoin has a lot of problems because of which, unfortunately, we can’t start to grow further, so before we can start the bull race again we have to solve the existing problems

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November 10, 2018, 12:52:31 AM
 #258

I don't think that there is a need to re-brand Bitcoin because it does not make any difference as they will still works the same way.

Curious, who will do it. I do not think that Bitcoin will be ever re-branded. It is the cryptocurrency which is known as the best one. Even without any changes, it will be the same BTC loved by all.
You're correct about that homie! Grin Bitcoin has already established its name for one decade and there is no point of rebranding this kind of technology and innovation to our monetary and payment system, and if people got FOMOed last year, bought the skyrocketing price there is no blame to Bitcoin because Bitcoin isn't an investment only people decide to invest in this technology even if you read the White Paper of Bitcoin there is nothing about investment inside it. Cool

I dont think anyone can rebrand Bitcoin. We can only do hard forks and make a new coin out of it but Bitcoin will be bitcoin. The people are the support for Bitcoin and I dont think anyone will come forward to do this.
And to add up, there will be no one doing this because rebranding Bitcoin is nonsense and there is no point of doing that thing just a waste of time and energy that could be used for more useful developments. Cheesy

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November 10, 2018, 01:05:52 AM
 #259

Do we think re-branding is the solution? Bitcoin requires massive advocate and awareness creation by the renowned Bitcoin users with much influence in our societies. This is what will push its patronage to hit the mainstream adoption.

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November 10, 2018, 01:25:42 AM
 #260

No need for re-branding bitcoin, it might be confusing and maybe it may ruin, bitcoin has been widely known and it has been started to adopt by the community so there's no need for re-branding, just let it be.

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