- Scott Melker claims that cryptocurrency won’t reach widespread adoption by trying to explain technical concepts such as dank sharding or SHA-256.
- The Wolf Of All Streets suggests that the approach being taken by the crypto world is preventing mainstream acceptance.
- Leaders of the crypto community often speak in terms that the average person doesn’t understand, he recently tweeted.
Scott Melker, a crypto investor, trader, and author of the crypto publication The Wolf Den Newsletter, has stated that the crypto community is not doing enough to reach wider acceptance.
Cryptocurrency should meet users where their needs are
According to Melker, also known as “The Wolf Of All Streets” on Twitter, the crypto message needs to be presented in terms that are easily understood by the general public. Meeting common users where “their wants and needs exist” could be of major benefit in increasing overall adoption.
“Mainstream adoption won’t come with attempting to explain dank sharding and sha-256,” he recently tweeted, noting that this is making progress difficult. “There’s a reason people ignore us,” he added.
Jeff Garzik, one of the early Bitcoin believers, was in agreement with Melker.
It’s all “plumbing.”
Crypto wins when average people can use our technology without ever having to know or understand esoteric concepts such as sharding or hashing.
Plumbing is not exciting or cool to most people. It’s something that silently Just Works.
— Ser Jeff Garzik (@jgarzik) April 14, 2023
The Wolf Of All Streets believes the crypto community needs to do better.
“One of the biggest issues the crypto community faces is that its leaders often talk down to the mainstream audience or use terminology that is too complex for the average person. We need to make the message simpler for the masses and meet them where their wants and needs are.”
When asked what else the community needs to focus on in order to help the next wave of adoption amongst everyday people, Melker believes trashing other projects is not the way to go.
“Imagine having the chance to go on mainstream media and sing the praises of bitcoin but instead just railing about how much you hate Ethereum or certain coins,” he said.
Jahon Jamali, the CEO of American Crypto Academy, echoed this sentiment, claiming that it would be wise to “explain the value proposition more than the technology,” as this is something many people can relate to.
I’ve been saying this from day one.
– Avoid technologically intimating language;
– Explain the value proposition more than the technology;
– Scrap the condescension.This is a belief system in its totality.
Preach in the vernacular of the flock you’re trying to convert.
— Jahon Jamali 😎🇺🇸 (@JahonJamali) April 13, 2023
