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RE: BlockTrades Witness Report for 3rd Week of August
While I can see why you would think that "we've largely exhaused the pool of cryptocurrency participants", I'm not at all sure on this point myself. AFAIK, there's only two ways to join right now: 1) via FB (and maybe still a good karma reddit account) or 2) mining an account. There's plenty of crypto people who will refuse to join via FB on a morality/anonymity stance, which pretty much leaves mining an account, which isn't exactly trivial nowadays.
isnt it possible to create accounts via the CLI for a fee?
For something like that (creating an account vice actually selling crypto) it would probably be relatively easy to get merchant banks and even amazon on board.
If reddit is still allowed (and it certainly was for a long time) then that is good enough for 90% of crypto users. Of those who refused to use reddit my paid/free offer for bitcointalk users got a decent amount of interest for a while, but that has tapered to a tiny trickle. That and the fact that Steem has been very widely covered and known since it reached #3 in market cap a month ago suggests to me that no big pent up demand is still there. Of course, some will still trickle in and an easy method of paid signup would bring some too. I just don't expect it to be big relative to the existing size and rate that cryptocurrency users are already joining. And of course as I said above this will become even less and less significant over time, if it isn't quite entirely insignificant already.
Anyway, if you have a Bitcoin-paid signup process in the works, by no means am I discouraging it, but I'm kind of agreeing with your earlier comments that a lot of growth in user base and investment are needed and I don't see a whole lot of growth coming from cryptos on the user side. On the investment side, possibly. I think the needs there are a bit different though.