would it make sense to prepare a proposal for mass marketing in India. I know that lots of social media marketing is going on there. That for I think it will not only hit the region but also the opportunity. What do you think?
Bitcoin is just taking off as an investment option, at least in Bangalore. It's been around for a while, but with the recent demonetization of some currency notes, bitcoin is getting some exposure.
Yes, it makes sense to create a proposal but over here, things need to be shown as working before people even consider DASH as a mode of payment / transact in DASH. My DASH is useless in the current scenario because firstly, DASH is not heard of. Next, Even if a merchant accepts any Cryptocurrency it'll most likely be Bitcoin.
I am willing to show a proof of concept and make a case for using DASH as a medium of exchange (instead of or akin to) fiat. The point is, firstly, i have to buy BTC uusing fiat. Then use shapeshift to convert BTC to DASH. In the process i lose some DASH as TX fees for Shape shift.
Also, I need to have a DASH "exchange" where, like localbitcoins, i can call up someone, give them cash (or accept cash from themm) and buy my DASH (or Transfer DASH to their wallet).
I think the time is right for DASH here. But the hiccup i see from the viewpoint of the merchant is, ultimately, I need to be able to convert DASH to fiat in as painless a manner as possible. Then too, there are the legal / KYC / AML roadblocks which i believe go against the whole concept of a cryptocurrency (i mean they are no longer anonymous). So if we are able to crack the manner in which DASH can be easily and swiftly converted to fiat and can have that machinery in place, we got ourselves a winner.
As for Marketing proposal, I don't see anything wrong in going ahead with it. But post the marketing activities, one should be able to action the product / service effectively. If, after marketing activity, one does not have a way to address and implement what i talked about above, then the benefits will fade away quickly from the minds of the target audience and they will continue with cred cards / cash transactions (only because they still work and can be converted to fiat).
DASH as an investment option is one thing that a large segment of the target audience can be convinced about. But that means hoarding DASH (like i do). Is that what we as a vibrant DASH community want? Will it impact the economic system of DASH (large whales hoarding DASH may "unbalance" the DASH supply - demand cycle. That's something i have no knowledge of and that is something the core group should consider / address).
Generating an income using
@splawik21 supershares instead of keeping DASH idle (like i do) is another option that can be sold to the target audience.
There are also (at least) 3 Bitcoin exchanges that are functional in India right now. btcxindia.com zebpay.com and unocoin.com But they're Bitcoin. Of these, zebpay has enabled users to top up their talk time on their telephony plans and this is a big draw for people since they now can use bitcoins as fiat / currency.
DASH needs to take cognizance of the unique needs of the indian economy and i am certain DASH will blow everyone away with the instant transactions. But the point is the other end of the chain, where users need to convert to/from fiat. The only viable option right now to me is investment option for DASH in India. i.e. viewing DASH as an investment rather than being used as currency / instead of fiat.
TLDR: -So to cut a long story short, yes a proposal for mass marketing in India is good but it should not turn into an awareness campaign. It should market a use case (or many) and those use cases should see the light of day quickly.
EDIT: added "quickly".