The Bitcoin and Crypto community love doing things differently and this time in Hong Kong it was not different. A local Bitcoin non-profit community called the Bitcoin Association of Hong Kong got together and pooled funds for Bitcoin-centric advertisements.
With donations from 5000 plus members the particular locations targeted in this case were trams and landmarks near Hong Kong’s famous banks.
What the Ads Read
A twitter user with the handle @asiahodl shared a distinctive tweet with images focused on the advertisements in Hong Kong –
Responding to the tweet was popular Cryptocurrency influencer Crypto Krillin ॐ with the twitter handle @LSDinmycoffee who stated –
Agenda of the Ads
In an official release the BAHK said ‘We hope the campaign will give us the opportunity to discuss how Bitcoin fits into a quickly digitizing global economy, the opportunities and dangers of drastic technological advancements, and the implications of digital, verifiable scarcity.’
From a strategic point of view the Bitcoin message will reach the tram passengers who account for 200,000 passengers daily in Hong Kong. While popular banks such as HSBC and the Standard Charter which cater to several visitors will also witness the digital revolution through the Bitcoin advertisements.
Hong Kong and Bitcoin
Hong Kong’s Apple Daily Newspaper had run a full-page Bitcoin ad last month, August this year –
The advertisement of the numero uno Cryptocurrency was after it’s founder Jimmy Lai was arrested for going against the Chinese. The banks in Hong Kong are clamping down on supporting Hong Kong’s independence, so the only guess on this is the apparent move that Cryptocurrency has when going against banks.
As Anthony Pompliano famously says, ‘Long Bitcoin,Short the Bankers!’
Notable as Quotes can be
A lot of the quotes in the ad drew reference to American writer Stewart Brand which stated ‘More U.S. Dollars have been printed in 2020 than were in existence in 2009. There will only ever be 21 million Bitcoin.’
The one tweet that outshone many was from EOS’s very own Brendan Blumer. Blumer is the CEO of Block.one which develops EOS –
While the CEO of OKEx Jay Hao asked a pretty interesting question –
With Hong Kong being one of the most active financial hubs in Asia, a push like this for Bitcoin is of great significance to the Cryptocurrency community. Especially given that the Asian markets for Cryptocurrency continue to grow and thrive with the East dominating in terms of Crypto relevance.