For many companies, social media is their preferred method of marketing. In a way, this only makes sense, as social media allows anyone to reach a global audience, without even knowing those people in person. There are no awkward friend requests or email contacts to broadcast your messages on Twitter, for example. But are we using social media properly regarding marketing potential, or is there room left for improvement?
It is a public secret that traditional Bitcoin companies are often faced with one pressing question: are they solvent or not? Despite the usage of an open ledger to record transactions and balances, most Bitcoin companies do not disclose company wallet addresses. But, if we ever want to take Bitcoin to a mainstream audience, that situation might have to change sooner rather than later.
The Issue of Solvency Slows Down Bitcoin Adoption
Bitcoin’s history has been filled with scams; companies going bankrupt and services disappearing into thin air. Most of the stories stem forth from one common issue: not being solvent to continue operations. Rather than being transparent about this fact towards customers, most companies simply continue operations until there is no more money coming in altogether.
When you run your own business, there are certain important elements you need to take into account. One of those elements is marketing, especially when you are trying to sell something to customers around the world. Let’s say you wanted to attract more Bitcoin customers, how would you go about doing that, combined with a marketing effort? Btzsy is here to help you do exactly that.