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Bitcoin => Bitcoin Discussion => Topic started by: Vaskiy on February 16, 2023, 04:10:49 AM



Title: More Awareness needed, 100$ or Bitcoin???
Post by: Vaskiy on February 16, 2023, 04:10:49 AM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Apocollapse on February 16, 2023, 04:23:46 AM
The thing is you shouldn't trust what you see in social media, I believe this is interview was staged because there's no way for well dressed western people and obviously have good cellphone aren't aware of Bitcoin or at least came across to Bitcoin/CEX ads. It would be different if he interview an old people in third world country where they don't care or can't afford to buy a cellphone.

Just like this dumb video, there's no way a girl choose kiss over an iPhone https://www.youtube.com/shorts/ZSbrUqddUzc


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: mk4 on February 16, 2023, 04:31:16 AM
For more context to prevent confusion, it's $100 or 1 bitcoin.

But yea, these are the people who've likely heard of bitcoin, but probably didn't bother to check the price at least once. Also, I could almost guarantee that most people didn't pick the $100 option; it's probably just the fact that the YouTubers nitpicked the ones that did.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: pooya87 on February 16, 2023, 04:34:01 AM
Although such videos are not the most reliable source of information but it is not far from the reality. The bitcoin adoption is still extremely low which is why I usually use "1%" for adoption. Keep in mind that awareness is different from adoption. A large percentage of the population has heard about bitcoin and have even seen advertisements from centralized services (eg. Binance) but that doesn't mean they have adopted bitcoin or are willing to use it. Many of them are still brainwashed into thinking bitcoin is a scam or is dumping, dying, etc. Specially younger generation in developed countries with governments who are too scared of losing their power and control over them.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: CryptSafe on February 16, 2023, 04:50:37 AM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.
100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
I believe the kids are skeptical about his words though  and would want to take the one which they know and see everyday. Bitcoin sounds latin and strange to them as they are likely not aware of it and another thing to put into consideration for their quick response to taking money is because it is what they have seen at hand. If they were being told about bitcoin and given proper education and enlightenment about bitcoin before the question of choosing between bitcoin and a $100  came up, I presume they would have opted to take the bitcoin against the $100 note because they already had the knowledge what was brought before them hence the phrase " education is knowledge". Just as you have said, education is very vital and important. If someone is educated about something, they would have idea about what you have educated them on. Educating the people about bitcoin would definitely bring about massive adoption and awareness of bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Darker45 on February 16, 2023, 05:02:24 AM
Yeah, it's simply because of the lack of awareness. I guess there's nothing wrong with their choice because the two young ladies don't know a thing about Bitcoin. If I haven't heard of Bitcoin yet and I were also given the same choices, I would have also chosen $100. Why they're not aware of it especially at this time, I don't know, but it's not surprising either; it's not as if Bitcoin is already that popular. What percent of young adults all over the world have actually heard of Bitcoin? To those who have encountered Bitcoin already, how many of them actually know what Bitcoin is?

Perhaps what was surprising in those two youngsters, which could be representative for the rest of us, is that rather than asking what was that other option is, they just went ahead and chose $100. They could have asked a couple of questions like, "what is Bitcoin, by the way?" or "how much is that 1 Bitcoin worth in USD?" or "is that Bitcoin thing worth anything at all?"


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: electronicash on February 16, 2023, 05:15:19 AM
there were lots of these videos and there are actually a few girls who chose BTC. they know BTC somehow they are not telling their friends. the ones who don't know BTC will obviously choose $100. if they just knew 1BTC is more than $20k.

teens today are just gaming online which i thnk the NFTs and P2E games would be a good introduction for them to be aware of crypto and BTC. there are no games however interesting enough for the teens.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Sebas.tian on February 16, 2023, 05:56:17 AM
I think, such thing can only happened to the citizens were Bitcoin is not legalized and they don't have the knowledge of Bitcoin in the environment. Despite, Bitcoin is not legalized in my country yet but will time Bitcoin will definitely legalize because the numbers of bitcoiners in my country is increasing every day because we are not tired of spreading the good news of Bitcoin and also impact other people the knowledge of Bitcoin and crypto in the land. my country, Bitcoin will be their choice than $100 because many people in my country knew that 1 Bitcoin is more higher which they will make Bitcoin their choice at the moment.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Kakmakr on February 16, 2023, 06:12:01 AM
This is not really a surprise, because people are tuned in to physical stimulation. Anyone that are offered the same choice would go for the physical cash, because it is less trouble.. than having to open a digital wallet and then making sure that it is secure and also having to learn something new.

People are lazy by nature and it takes extra effort to acquire and store bitcoins, so they will opt for the immediate gratification with no effort at all.  ::)


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: wxa7115 on February 16, 2023, 06:26:08 AM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Even if we presume the video is real I fail to see why we need to do anything about it, each one of us took the decision to adopt bitcoin independently from each other, if they lack the curiosity to even ask the most basic questions about bitcoin in order to better evaluate their options that is on them.

If anything is possible those kind of mistakes could be what makes them to take more interest on bitcoin as they would not like to make a mistake like that again.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: maydna on February 16, 2023, 07:27:46 AM
I don't think teenagers know what bitcoin is. Otherwise, they would choose bitcoin over $100 because they see how much bitcoin is worth now and in the future. Maybe they don't realize that there are bitcoins that can give them more profits. But maybe once they learn about bitcoin, they'll regret choosing $100. They saw a $100 bill in hand, so they chose it. This is psychology and it happens in many other places as well. They should find out on the internet instead of just spending time having fun with their friends.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Aanuoluwatofunmi on February 16, 2023, 07:50:17 AM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)

In this case there are many factors ahead that could be the fact that hasten up such decision, first think about the age of the young boy, he doesn't have enough experience about life neither does he understands what bitcoin means, secondly also considers the $100 worth and the rate of the bitcoin amount being intended to be given, you were not specific on the exact rate or amount worth in btc, so it may be worth $10 in btc or abit lower or higher but lesser than that $100 in fiat, so expect the normal that he should go for the cash, except if the amount in btc is equal or more than the fiat rate, this can be the major reasons that bitcoin choice would be more preferable to fiat.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: DeathAngel on February 16, 2023, 09:08:04 AM
It’s a small sample size, clearly worrying but a small sample size. Maybe the answers given, depends on location & intelligence. If you asked this question somewhere else you might get different answers. We are still very early in the emergence of bitcoin, I wonder what the answer would be if this question is revisited in 10 years.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Synchronice on February 16, 2023, 09:29:49 AM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Lack of education, lack of doing manual research. While the quality of life has increased and more people afford to study at school, college and university, that doesn't actually mean that everyone is getting smart. These are a type of girls who spend most of their time to have fun, hang out with boys, go in night clubs, drink, get high so, what would you expect from them?
Btw these videos don't represent real values, they are created in order to generate money through clickbait content. To be honest, I've seen so stupid answers on easiest questions that sometimes I wonder if content creators actually pay to respondents for such a dumb answers.

For more context to prevent confusion, it's $100 or 1 bitcoin.

But yea, these are the people who've likely heard of bitcoin, but probably didn't bother to check the price at least once. Also, I could almost guarantee that most people didn't pick the $100 option; it's probably just the fact that the YouTubers nitpicked the ones that did.
If anyone has ever heard about Bitcoin, I genuinely believe all of them would know the hype around it's price. It's impossible to hear about bitcoin without its price.
Btw there was one funny comment on that video:
Quote
Wealth gap explained ladies.  Even when it’s handed to you, you choose less.  Just saying



Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Odusko on February 16, 2023, 09:40:08 AM
The fact is the majority of people you will ask such a question will choose $100 over a bitcoin because of a couple of things which of such as lack of awareness, the number of people that know what Bitcoin is still very low and this low awareness varies from location and regions the individual found themselves.
The level of bitcoin awareness in a country like El Salvador, the United States and other cryptocurrency-friendly nations will be high among the people both old and young.
But the same can not be said in another region where Bitcoin is banned or restricted, the level of its awareness will definitely be low.
So I don't blame the ladies or anyone for their lack of awareness of what they're throwing away after all knowledge is power.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: digaran on February 16, 2023, 09:50:26 AM
I'm shocked to see nobody pulled a gun to grab both the cash and the bitcoin, have you seen US tubers carrying an empty PS5 box going around the hoods? Then people would come to grab the box at the first chance they get!😁


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Henrobakkara on February 16, 2023, 11:28:53 AM
The thing is you shouldn't trust what you see in social media, I believe this is interview was staged because there's no way for well dressed western people and obviously have good cellphone aren't aware of Bitcoin or at least came across to Bitcoin/CEX ads. It would be different if he interview an old people in third world country where they don't care or can't afford to buy a cellphone.

Just like this dumb video, there's no way a girl choose kiss over an iPhone https://www.youtube.com/shorts/ZSbrUqddUzc
I would believe you but on the other hand, things like this could still happen even now because it was apparent that they seem not to even know what Bitcoin is when he asked them if they knew what Bitcoin is and she said something along the line of, don't know, and maybe in the game. It is possible for those that still don't know to choose the $100.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: CoinEraser on February 16, 2023, 11:34:05 AM
I would rather take the bitcoin and not the $100. Too bad I wasn't asked. However. The video says nothing. There are certainly still enough people who just don't know bitcoin and that's ok. But there are already a lot of people who would have preferred to take the bitcoin and not the money, but they weren't shown in the video.

Who can tell how many people the producer of the video has to ask before he finds someone who would rather take the $100.  :D


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: m2017 on February 16, 2023, 02:14:25 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Why believe everything that is shown on YouTube? Do your own research and create a poll on this forum, people will choose $100 or 1BTC. I am 100% sure that everyone will prefer 1 bitcoin here. You will get opposite results and make sure that the location of the survey plays an important role.

I agree that most people still don't know much about btc, but this process is gradually increasing. How do you propose to educate people? Run up to everyone you meet and ask "why haven't you bought bitcoin yet?" It doesn't work like that. Those who are really interested will find their way to the right source of information. It seems to me that everything goes on as usual, and no matter how slowly the processes of informing the population about bitcoin progress, it still happens.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: so98nn on February 16, 2023, 03:13:09 PM
I am not sure why this is really important because it only shows the data on very small group and mostly in different aura of energy. For example, it’s clearly seen that they are able to take hundred bucks immediately and can imagine spending it right away. It’s like kids are happy to receive those hundred bucks which are more relatable to them for “quick spending” rather than stressing their brain to understand what’s bitcoin and what’s it worth.

Perhaps this survey should be taken on large population with mixed groups. May be different age groups can average you better results.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: CryptoPanda on February 16, 2023, 03:39:09 PM
This video cannot be regarded as an experiment or used as data to argue the level of bitcoin adoption in the West. I think the creators of the video want a narrative that would get them more views. What’s better television than watching people miss their luck. I’m sure they were kids who botched the video and chose 1bitcoin over $100, those probably never made the clip.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: ethereumhunter on February 16, 2023, 03:46:54 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
The 2 young people were more than happy to receive $100 over bitcoin because they could see the real physicality of the $100 bill. That's not surprising and there are still many young people like them who would choose something that has a visible shape rather than something that doesn't have a shape but turns out to have a higher value than the other. And that's only natural because people are used to looking directly rather than just seeing numbers on a device.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Lucius on February 16, 2023, 04:45:00 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people.

The video was most likely recorded somewhere in the US, the girls have an American accent and the person offers them US dollars, so I don't know why there would be any doubt.

This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

I think that the population in the US is quite aware that Bitcoin exists, because turn on any US program that broadcasts globally and you will see that Bitcoin is regularly mentioned when it comes to finance, investing or stocks. The problem may arise from the fact that they present Bitcoin exclusively as an investment, and not as a cryptocurrency - then what to expect from the average person to whom they would offer such a choice?

Besides, these girls in the video are too young to be interested in such things, so I wouldn't take them as some sort of indicator by which we should measure Bitcoin awareness.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: kryptqnick on February 16, 2023, 04:46:58 PM
I don't know the origins of the video, and it does look like these are Western people, but I don't know... It kind of has vibes of something old to me. The clothes remind me of what was considered cool 8-10 years ago. So what if the video is just pretty old, and that's why the choice was between $100 and 1 BTC (because maybe Bitcoin's price was in hundreds), and that's also why they've never heard of it? Of course, as others pointed out, it could also be staged. And generally similar videos have more value when featuring more people in situations that look more real.
There should be more BTC awareness, I agree. But first we need reliable info on how unaware young people really are of Bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Hispo on February 16, 2023, 04:53:22 PM
I saw a similar video on social media.
The guy walked towards a couple and asked them what they would prefer: 100$ or 1 Bitcoin. In that occasion the guy seemed to be aware of the value of Bitcoin and answered he wanted 1 Bitcoin. However, an argument ensued since the girl would rather 100$ (out of ignorance on the value or the concept of what Bitcoin even is).

It was funny and yet a simple "social experiment", but not a reliable way to study the level of awareness or adoption.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: avikz on February 16, 2023, 04:54:08 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)

Even though this one looks staged, a lot of young generation people do not know anything about bitcoin. At my office, out of 84 people in my team, I have found only 3 person knows about bitcoin. What's sad is that most of them are in their mid-20s. If this age group doesn't know about bitcoin even after being in IT industry for a couple of years, how would you expect any random teenager will know about it?

Many governments are actively trying to bar bitcoin related information from reaching out to their citizens. They are also forcing banks to send out mass mailers stating bitcoin is a scam. So the result is quite expected!


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: RockBell on February 16, 2023, 05:09:40 PM
More awareness is actually needed, but in my region, we are doing everything we can to spread the word, and influencers are doing everything they can to raise awareness. As a result, I believe that only people in villages really know about bitcoin, whereas in major cities, I can bet that about 70% of people are aware of it. And does choosing 100$ over 1bitcoin when they later get to find out about the worth of bitcoin I wonder what the expression on their face will look like ;D


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: BITCOIN4X on February 16, 2023, 05:20:19 PM
Out of 100 people I might meet in my country, would probably choose $100 over bitcoin because I believe only a minority of them realize what bitcoin is and how much it's worth. The level of public awareness about bitcoin varies greatly from country to country, and not all westerners are aware of what bitcoin is even if they have heard of it or encountered someone talking about it.

Social experiments like this aren't exactly the same among people, and it's possible someone else will accept bitcoin instead of $100 because they know how much those bitcoin are worth. But I don't know how many bitcoin they offered in the experiment.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: boyptc on February 16, 2023, 05:32:34 PM
It could have been that there were people while taping that video picked bitcoin but they've never included it when they're able to edit.

Anyway, we're not really obliged to tell people what bitcoin is all about. If you tell them, you'll most likely be ignored by them, old or young.

Many still don't know what bitcoin is, those that have heard of it never own a few tiny bits. So, if you'll give them choices about instant money, they'll for sure choose $100.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Pokapoka124 on February 16, 2023, 08:22:06 PM
I doubt the YouTuber has $20k worth of bitcoins to give to strangers just so he can get likes and views on his channel. Do the math, giving $100 is more practical. There is a fifty percent chance some people chose to have bitcoins and those were edited out of the video. Because of this singular reason, I think the subjects made a logical decision of choosing 100$ over the promised bitcoins. The only YouTuber I know that’s crazy enough to give huge amount of cash to strangers is Mr Beast and some would argue even his videos are staged.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Falconer on February 16, 2023, 08:58:53 PM
Bitcoin is worthless to those who don't realize it, and that has been proven by many. I think there are still many people who are not fully aware of the value of bitcoin in a third world country like Indonesia, and this might answer that $100 is far more valuable than bitcoin.

Here, $100 in fiat and $100 in bitcoin are never considered the same. This means that $100 is much more likely to be taken if someone offers it publicly. In fact, many people don't even have Android here, so the possibility of getting info about Bitcin is very possible. But this should work in a developed country, and I'm sure if they offered it to someone who is in El Salvador then bitcoins are much more likely to be considered instead of $100 in fiat


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Ndabagi01 on February 16, 2023, 09:10:29 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)

They just missed out on a huge one. Are you certain the interview was not staged? Whatever the case, there is a need for more bitcoin awareness. Every bitcoin enthusiast has a significant role to play in raising awareness about bitcoin in their surroundings; it will only gain more global recognition and eventually adoption in the coming years. The task lies in our hands to contribute also to bitcoin awareness.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Issa56 on February 16, 2023, 09:25:16 PM
This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.
Bitcoin is still growing and you don't expect everyone to know about bitcoin at once, no matter your location, some people don't still know about bitcoin. I don't also blame those girls, you don't expect them to choose bitcoin as they don't know anything about bitcoin, they have to go for the physical cash which they believe they can get instantly and they can spend immediately, you don't expect someone that knows about bitcoin to choose $100 over one bitcoin, that's why we have to keep on enlightening people about bitcoin. Those girls in the video will definitely take their time to learn about bitcoin and am sure the interviewer will also enlighten them about bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: BitcoinPanther on February 16, 2023, 09:31:21 PM
The thing is you shouldn't trust what you see in social media, I believe this is interview was staged because there's no way for well dressed western people and obviously have good cellphone aren't aware of Bitcoin or at least came across to Bitcoin/CEX ads. It would be different if he interview an old people in third world country where they don't care or can't afford to buy a cellphone.

Just like this dumb video, there's no way a girl choose kiss over an iPhone https://www.youtube.com/shorts/ZSbrUqddUzc

I also agree, lots of video on the social media are staged, even those popular yt blogger like the beast loves to stage his content.  Giving away x money to x people then seeing the people on his next video with different title.  So there is a huge chance that the video given by @OP is scripted.  There is no way these people are ignorant of Bitcoin because Bitcoin had been hot on Social media, tri-media and even on news papers.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: stompix on February 16, 2023, 09:49:29 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

Why wouldn't it be?
Do you really believe that crap about 30% of the population owning crypto and other things while you can drive around a 1 million city and barely find a shop that accepts crypto?
In my own family, some aren't sure what Bitcoin is and I would bet you one Bitcoin that if my father would have been there he would have grabbed that dollar bill and be gone, not waiting to see what trick he might pull when he has to cough up 25k$.
And there is a girl that took the coins:
https://www.youtube.com/shorts/mM_oVv8gb4E
No proof he had actually given those.  ;) Obviously!

As for the staged thing, yeah, they are all staged, I mean, what a coincidence, right, to have girls doing combinations and permutations of two?

https://talkimg.com/images/2023/05/20/blobaea42d7a5e10167e.jpeg





Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Rengga Jati on February 16, 2023, 09:59:30 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
It may be because of some reasons:
1. They don't even know about Bitcoin
-\2. They know enough Bitcoin that is why they wnat something that is more reliable
3. They prefer to $100 cash because they can use it as payment direcyly in whatever codition, it may be diffeent if Bitcoin ebcause they still have some difficulties in finding merchants accepting Bitcoin


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Yatsan on February 16, 2023, 10:31:45 PM
Depends on the situation; if you are in a country wherein this technology is prohibited and it would take time for you to be able to make use of Bitcoin, then a hundred bucks would be a better deal, otherwise Bitcoin would obviously be a greater option simply because its market price has a tendency to increase and if it is 1 Bitcoin, definitely it has a higher market value. A simple question indeed not until you dig down the situation.But as with the cited situation; kids were aske; how come they would know the price of something they are not aware of? Ofcourse they'd go with what's obvious. We all have done that when we're young.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: n0ne on February 16, 2023, 11:49:07 PM
Depends on the situation; if you are in a country wherein this technology is prohibited and it would take time for you to be able to make use of Bitcoin, then a hundred bucks would be a better deal, otherwise Bitcoin would obviously be a greater option simply because its market price has a tendency to increase and if it is 1 Bitcoin, definitely it has a higher market value. A simple question indeed not until you dig down the situation.But as with the cited situation; kids were aske; how come they would know the price of something they are not aware of? Ofcourse they'd go with what's obvious. We all have done that when we're young.
Agreed, people go with the things they have much used to. Here these kids are much aware of dollars and never used bitcoin. Atleast once if they've checked the price of bitcoin they could've chosen bitcoin. The girls didn't take a second chance, just grabbed the dollar. Maybe after this they might try to know what is bitcoin. I believe this video might've made few people around to try and understand what is bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: ChiBitCTy on February 17, 2023, 01:53:54 AM
The human race overall is completely uneducated and ignorant.  Humans are in fact my least favorite animal, as I can’t stand how lazy people are as a whole. This doesn’t surprise me what so ever as a financial advisor. I talk to thousands of people a year about finances and maybe 90% of them have absolutely no idea what any of it is all about. People are lazy, plain and simple.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: traderethereum on February 17, 2023, 03:21:40 PM
One's awareness of new things will not be experienced by a person or even people in a social group and the video proves that.
If people are challenged to get something they know before with something they don't know yet, they will choose something they already know because they have probably used it, seen it, and felt it.
Meanwhile, they don't know or hear about something new, so they won't choose it especially if it happens to teenagers who are less aware of the technological developments around them.
So it is not a surprise if teenagers choose $100 instead of bitcoin because they do not think it is worth compared to $100.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: xSkylarx on February 17, 2023, 05:06:40 PM
If those girls are from western countries, I am shocked that they don't know them. I mean, most of Gen-Z right now who live in the world of the internet have already stumbled across bitcoin and for sure know the price or even not the updated one, but those girls don't know at all. I don't know if that is scripted, as most of the videos right now I've seen were scripted, but if it wasn't, then probably they don't really recognize it as bitcoin was not popular for them.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: rby on February 17, 2023, 05:15:23 PM
The thing is you shouldn't trust what you see in social media, I believe this is interview was staged because there's no way for well dressed western people and obviously have good cellphone aren't aware of Bitcoin or at least came across to Bitcoin/CEX ads. It would be different if he interview an old people in third world country where they don't care or can't afford to buy a cellphone.

Just like this dumb video, there's no way a girl choose kiss over an iPhone https://www.youtube.com/shorts/ZSbrUqddUzc

The interview actually might not be staged as you think, there are people that knows that bitcoin is in existence but they don't care or bother to check the value of bitcoin.
To an ordinary man in the street there is a big difference between one and a hundred
So they might have thought that there is no how one bitcoin will be bigger than $100. it is as simple as that when you are not aware of the happening in the world so the video might not be staged as you think


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: wiss19 on February 17, 2023, 07:09:01 PM
Okay I see the video to see if what we are talking about here are little kids but no they aren't really that small kid anymore and I think with those age, they already figured and use Bitcoin. I also check to see if the amount of Bitcoin we are talking about are equivalent or less than 100 dollars because if that is the case then those kids prolly choose 100 dollars because they can already have it on hand but man the Bitcoin amount asked is 1 Bitcoin so its clear that Bitcoin is the one that they should choose.

By the way, I already saw a similar video but the amount ask is close to 1 BTC and yet, people still choose the cash. I guess the interviewer just pick up the wrong people because there are still people who are not aware with Bitcoin even though Bitcoin on that country is legal and had some appearances already.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: justdimin on February 17, 2023, 08:08:55 PM
The human race overall is completely uneducated and ignorant.  Humans are in fact my least favorite animal, as I can’t stand how lazy people are as a whole. This doesn’t surprise me what so ever as a financial advisor. I talk to thousands of people a year about finances and maybe 90% of them have absolutely no idea what any of it is all about. People are lazy, plain and simple.
Finally someone said it! The world is filled with people who think they are "smart" and if they even ever realize that they are not smart, they go with "I am street smart, not book smart" and do not accept the fact that they are stupid. I have not really faced many people who realize how ignorant and stupid they are, they keep trying to talk about things that they shouldn't even have any right to talk about.

Like for example these people who took 100 dollars, I bet you if you want to talk about economics, they will give their opinion without realizing that their opinion worths as much as a garbage cans opinion, and will think it's a decent opinion. We need to educate people a lot better, A LOT better.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: BitDane on February 17, 2023, 08:40:28 PM
The thing is you shouldn't trust what you see in social media, I believe this is interview was staged because there's no way for well dressed western people and obviously have good cellphone aren't aware of Bitcoin or at least came across to Bitcoin/CEX ads. It would be different if he interview an old people in third world country where they don't care or can't afford to buy a cellphone.

Just like this dumb video, there's no way a girl choose kiss over an iPhone https://www.youtube.com/shorts/ZSbrUqddUzc

The interview actually might not be staged as you think, there are people that knows that bitcoin is in existence but they don't care or bother to check the value of bitcoin.
To an ordinary man in the street there is a big difference between one and a hundred
So they might have thought that there is no how one bitcoin will be bigger than $100. it is as simple as that when you are not aware of the happening in the world so the video might not be staged as you think

If they know Bitcoin they would definitely choose Bitcoin, unless it is staged making the girls looks dumb and pretend to not know Bitcoin.  It isn't a surprised to see videos like this since many vidoes created on YT are staged unless it came from a surveillance camera. 

Btw, it is impossible to miss the price of Bitcoin nor a hint of the price since Bitcoin is now being reported in mass media and tri-media.


The human race overall is completely uneducated and ignorant.  Humans are in fact my least favorite animal, as I can’t stand how lazy people are as a whole. This doesn’t surprise me what so ever as a financial advisor. I talk to thousands of people a year about finances and maybe 90% of them have absolutely no idea what any of it is all about. People are lazy, plain and simple.

Not really, it all depends on the interest of a person.  Since there are lots of things to get interest with, people tends to ignore things that doesn't interest them, and this does not make them completely uneducated. 


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Ultegra134 on February 17, 2023, 08:51:34 PM
The human race overall is completely uneducated and ignorant.  Humans are in fact my least favorite animal, as I can’t stand how lazy people are as a whole. This doesn’t surprise me what so ever as a financial advisor. I talk to thousands of people a year about finances and maybe 90% of them have absolutely no idea what any of it is all about. People are lazy, plain and simple.
Finally someone said it! The world is filled with people who think they are "smart" and if they even ever realize that they are not smart, they go with "I am street smart, not book smart" and do not accept the fact that they are stupid. I have not really faced many people who realize how ignorant and stupid they are, they keep trying to talk about things that they shouldn't even have any right to talk about.

Like for example these people who took 100 dollars, I bet you if you want to talk about economics, they will give their opinion without realizing that their opinion worths as much as a garbage cans opinion, and will think it's a decent opinion. We need to educate people a lot better, A LOT better.
There are plenty of similar videos that are staged; however, this scenario is highly probable, and chances are that this specific interview was actually real. Unfortunately, I've also noticed that a high percentage of young adults are completely uneducated about finances, politics, and other things that actually matter but instead care about social media and other similar meaningless stuff. We have all this technology around us, but people are getting lazier instead of taking advantage of it while remain completely uneducated for even the most basic knowledge.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Distinctin on February 17, 2023, 09:55:33 PM
For more context to prevent confusion, it's $100 or 1 bitcoin.

But yea, these are the people who've likely heard of bitcoin, but probably didn't bother to check the price at least once. Also, I could almost guarantee that most people didn't pick the $100 option; it's probably just the fact that the YouTubers nitpicked the ones that did.
These people might be aware that bitcoin is in hype but never educate themselves about the value of bitcoin, so they prefer instead to chose $100. That is why education and awareness campaigns are very much important these days, so they won’t be naive and ignorant in times they have to chose opportunities like this.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: lalabotax on February 17, 2023, 09:58:32 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.
Should kids know about Bitcoin? If I were the kids, I will also choose money cash because they only know that to buy something, they will need money to buy. Moreover, if the ids still don't know about Bitcoin. They will never think much because they only see money and going to do something quickly with the money. It may be different if we are asking this to adults or someone who knows Bitcoin, they will probably choose Bitcoin or at least will think for a while to decide which one to choose.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Botnake on February 17, 2023, 09:59:18 PM
This is not really a surprise, because people are tuned in to physical stimulation. Anyone that are offered the same choice would go for the physical cash, because it is less trouble.. than having to open a digital wallet and then making sure that it is secure and also having to learn something new.

People are lazy by nature and it takes extra effort to acquire and store bitcoins, so they will opt for the immediate gratification with no effort at all.  ::)
With lazy and effortless people around, it’s not surprising they will always chose things without complication. But I think these kind of people are most likely not educated too because who would not settle for bitcoin if you know how high its single value is. Sometimes, we are tempt to chose things that are simply available and are easily accessible, without knowing its real value if it’s worth to be chosen or not. This does not apply for bitcoin only but in certain aspects of our life.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Wiwo on February 17, 2023, 10:12:43 PM
This is not really a surprise, because people are tuned in to physical stimulation. Anyone that are offered the same choice would go for the physical cash, because it is less trouble.. than having to open a digital wallet and then making sure that it is secure and also having to learn something new.

People are lazy by nature and it takes extra effort to acquire and store bitcoins, so they will opt for the immediate gratification with no effort at all.  ::)
With lazy and effortless people around, it’s not surprising they will always chose things without complication. But I think these kind of people are most likely not educated too because who would not settle for bitcoin if you know how high its single value is. Sometimes, we are tempt to chose things that are simply available and are easily accessible, without knowing its real value if it’s worth to be chosen or not. This does not apply for bitcoin only but to certain aspects of our life.
Well I don't think that this only have to do with laziness or their ability to go through the stress of Bitcoin even though the process is very easy and simple to follow, ladies ordinary have problems absorbing new concept most especially when it has to do with finances and risk.
-So I am not entirely surprised by their response even though 1 bitcoin can give the hundreds of $100 which they're ignorantly picked against 1BTC.
- Understandably that the ladies lack the awareness and knowledge about bitcoin, but their failure is in not asking what bitcoin is and what is it worth.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Mauser on February 18, 2023, 08:17:25 AM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.


These were two young girls, of course they are going to take the cash. Such kind of videos on youtube always involve some kind of money the person gets to be in the videos. It's all about getting cute woman in your video and make a nice thumbnail as click bait. Even if this is fully legit, I would expect that any young girls in this case would always take the cash. The hundred dollar bill they see in front of their face and can touch it, bitcoin is something not physical to them and they might not trust that they actually get it. This video seems to be shot in the city center and the girls could use the money to go shopping straightaway, or buy some drinks with. Would be nice to see the same kind of video, but asking a wider range of people. If they would ask some older man I think the answers would be much different.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: bitzizzix on February 18, 2023, 08:39:22 AM
I think it's just a matter of knowledge because the two young girls didn't know about bitcoin and probably didn't care about bitcoin either because all she knew from childhood was fiat which she could use to buy whatever they wanted, consciousness depended on the individual. to have curiosity about bitcoin which in my opinion at this time bitcoin has spread everywhere, especially on the internet and social media.
in my area if I do the same thing to young people they will definitely choose $100 because I know he doesn't know bitcoin, it's different if I first explain what bitcoin is and the nominal is 1 bitcoin they will still be confused because it requires a process for them to know bitcoin .


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Vaskiy on February 18, 2023, 09:13:25 AM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.


These were two young girls, of course they are going to take the cash. Such kind of videos on youtube always involve some kind of money the person gets to be in the videos. It's all about getting cute woman in your video and make a nice thumbnail as click bait. Even if this is fully legit, I would expect that any young girls in this case would always take the cash. The hundred dollar bill they see in front of their face and can touch it, bitcoin is something not physical to them and they might not trust that they actually get it. This video seems to be shot in the city center and the girls could use the money to go shopping straightaway, or buy some drinks with. Would be nice to see the same kind of video, but asking a wider range of people. If they would ask some older man I think the answers would be much different.

If not the person need to ask whether it is bitcoin or $100 with the $100 paper money in one hand and a mobile wallet having bitcoin. Seeing the wallet people will have difference of opinion on bitcoin. There were more and more similar videos available on YouTube. Everyone on the video prefer to take $100. In one video it was the boy who prefers bitcoin, 100$ or Bitcoin??? (https://youtube.com/shorts/itGFdTFbNRs?feature=share) but the girl is strong to defend and go with $100. It shows there is good awareness among the men than the women about bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: livingfree on February 18, 2023, 10:48:42 AM
If those girls are from western countries, I am shocked that they don't know them. I mean, most of Gen-Z right now who live in the world of the internet have already stumbled across bitcoin and for sure know the price or even not the updated one, but those girls don't know at all. I don't know if that is scripted, as most of the videos right now I've seen were scripted, but if it wasn't, then probably they don't really recognize it as bitcoin was not popular for them.
I wouldn't be shocked if still many of these gen-z's or what they call that generation that are into new modern things. The world isn't just rotating all about bitcoin and that's why there are still plenty of people that don't know about it and never heard about it.

And if it with these things that they've never heard, they are not willing to take risk and will just take something like $100 and even you'll just give them an option to choose $10.

It's very likely that they'll choose $10 than a bitcoin since most of them don't know what it is.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Dr.Osh on February 18, 2023, 11:05:21 AM
if he were to ask a question like that to someone who doesn't know what bitcoin is, I'm pretty sure most people would go for $100. it is because they choose what they know. if he gives a question like that to someone who already knows what bitcoin is, then I am sure that this person will not hesitate to choose bitcoin. However, I think we really need to educate the kids around us about bitcoin or cryptocurrency from an early age. this video is a clear example that not everyone is aware of bitcoin or crypto, especially teenagers who should know about this technology.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: lovesmayfamilis on February 18, 2023, 12:15:55 PM
I saw a similar video, but the children were offered $10–15 now, or 100 dollars in a month or two. The children have chosen what they can get now. This works for most people, and probably the same will work with bitcoins. If people do not know about bitcoins and do not believe that in a few months, they will receive more, they will prefer to get it now.
In addition, these are just children, and I think that if you ask a simple employee whose income is not large, he will also choose what he can feel now. There is a good article on why getting short-term pleasure is easier than getting long-term pleasure.

https://stunningmotivation.com/delay-gratification/


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Awaklara on February 18, 2023, 02:20:29 PM
if an interview is intended for data, and not just a social experience. I think interviews can involve several people from certain circles.
if the offer is given to children who do not know Bitcoin, of course something that is instant and they can use quickly they will choose.
but I think the results will be different when the subject of the interview is young people or parents who have high incomes and have a habit of investing. although he doesn't know what BItcoin is, I'm sure he will question it first before making a decision.
but there will be more people who will take $100 in front of their eyes that they can spend and run out. whereas when they choose Bitcoin, in the long run they can actually earn more than $100 in the future.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: AicecreaME on February 18, 2023, 02:34:29 PM
Well obviously, all of the people who doesn't know about Bitcoin will choose $100, instantly, unless they are curious enough to choose something different, and that's Bitcoin. Also, I highly doubt that if somehow they chose Bitcoin, those content creator will not give it to them, it's all staged, unless they are mr. beast, lol. So choosing the $100 is a good choice because it is much likely to be given to them.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Adbitco on February 18, 2023, 03:20:25 PM
From the video they have poor knowledge and understanding about bitcoin, if that he explain the worth of a bitcoin believe me those kids would have chosen bitcoin to a $100. Secondly they don't even spend time to think what is bitcoin and they were confused to know what bitcoin is all about, this made me to think straightforward on how we should always put more light, strong efforts to teach and narrates it down to the layman language to know the basics about bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: LogitechMouse on February 18, 2023, 03:54:57 PM
~
Just watched the Youtube short. It seems like those 2 girls out there aren't aware of Bitcoin at all. Bitcoin is a "game" as described by one girl there? Kind of funny, but they aren't aware of Bitcoin and they don't know anything about it.

Well, not all of the people know Bitcoin, and that's a short only. There is a chance that he interviewed 100 people and 99 of them picked 1 Bitcoin, and those 2 girls out there are the ones who only choose the $100 and that's the only video that the Youtuber posted. I believe that there are some people are spreading awareness that a currency like Bitcoin is existing. Its just that there are still some people who until now, don't know what Bitcoin is or at least they've heard it, but don't have any idea or they aren't interested into it at all.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Zilon on February 18, 2023, 04:19:18 PM
The video showed how naive those kids were with Bitcoin and it's price. All they were after was the cash that will be in their hand, maybe they are yet to know about Bitcoin has a digital currency. One even them when asked what Bitcoin is said it is a like a game or something which means many are still in the dark as regards the digital era. One might say not everything that is shown online is real that is true but some of them have a picture of what is happening in the society. So more awareness and sensitisation is needed to spread Bitcoin even amongst the younger ones.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: AmoreJaz on February 18, 2023, 06:57:19 PM
The video showed how naive those kids were with Bitcoin and it's price. All they were after was the cash that will be in their hand, maybe they are yet to know about Bitcoin has a digital currency. One even them when asked what Bitcoin is said it is a like a game or something which means many are still in the dark as regards the digital era. One might say not everything that is shown online is real that is true but some of them have a picture of what is happening in the society. So more awareness and sensitisation is needed to spread Bitcoin even amongst the younger ones.

what can we expect with kids? they will go for things that they are familiar of. and bitcoin is not a familiar one to them, so it is no surprise if they chose the 100 bucks over BTC. awareness/education is needed for people to change their perspectives over any subject matter. we can't expect everyone to do their own search and study. they will choose whatever they deem is more important for them.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: noormcs5 on February 18, 2023, 07:09:15 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)

First, i don't think it is a real video, it may seem that all of this is planned as why would anyone make a video? Don't the girls know that they are being shot on camera? There are many YouTubers who does this type of prank videos for their channels.
In case we believe that the two girls in the video does not know about the bitcoin and prefer a 100$ over a single bitcoin, is nothing serious as there are many people in the world who do not know about bitcoin.


For more context to prevent confusion, it's $100 or 1 bitcoin.

When i saw the title, i thought it was $100 in fiat or $100 IN bitcoin but later when i saw the video, it was $100 or 1 bitcoin.
I wish someone offer me this in real and i will happily take 1 bitcoin  :)


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Inwestour on February 18, 2023, 07:15:55 PM
Are we talking about 1 BTC or a bitcoin equivalent to $100? And what age were the children? It seems to me that most of the people who know how to handle money know or have heard about bitcoin, and if they are asked such a question, it would be logical to clarify how much bitcoin costs now, even if they don’t monitor its price.

People who go to work every day and are not interested in finance and investment may not know the price of bitcoin, not know the price of gold, how much a barrel of oil costs, and this is normal. But a person who can think will find out this information if necessary, everyone has a smartphone and it will only take a few minutes of his time.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Viscore on February 18, 2023, 09:24:54 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Education will always be important so that we will be able to distinguish the real value of a thing. Most especially when it comes to finances, at least we should gain knowledge about it, not just a simple awareness. Not only for adults, but even those kids should also be educated about cryptocurrency most particularly about bitcoin since it will be a future global currency years from now. Familiarity is not enough, they should also be educated at least.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: drwhobox on February 18, 2023, 11:57:01 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Nice try OP!  ;D These dumb kids have no idea about bitcoin so they will choose a 100$. I would rather surprise if they choose bitcoin over 100$. They thought bitcoin is some currency used in game.

The interviewer guy should ask a random guy on the street instead of asking a kid.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: virasog on February 19, 2023, 08:37:49 AM
Are we talking about 1 BTC or a bitcoin equivalent to $100? And what age were the children? It seems to me that most of the people who know how to handle money know or have heard about bitcoin, and if they are asked such a question, it would be logical to clarify how much bitcoin costs now, even if they don’t monitor its price.

If these girls had no idea about bitcoin, their question should be "What is bitcoin" but since they opted for dollar and not getting curious to know about bitcoin, shows that they have some knowledge of bitcoin.


Nice try OP!  ;D These dumb kids have no idea about bitcoin so they will choose a 100$. I would rather surprise if they choose bitcoin over 100$. They thought bitcoin is some currency used in game.

The interviewer guy should ask a random guy on the street instead of asking a kid.

How do think that these girls were kids who were interviewed in the video? They are teenage girls and I think they had no idea about the bitcoin price. They may have heard of bitcoin somewhere therefore I don't see them asking anything about bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Inwestour on February 19, 2023, 11:17:36 AM
If these girls had no idea about bitcoin, their question should be "What is bitcoin" but since they opted for dollar and not getting curious to know about bitcoin, shows that they have some knowledge of bitcoin.
Perhaps, but I also admit that the reason may still be that although they knew what bitcoin was, they did not know how to handle it.

There is no elemental knowledge about what to do with it, how to get it, they don’t even have a cryptocurrency wallet for this. Therefore, you need to sell it somewhere, but they also have no experience. Therefore, it turns out that there will be too many difficulties for them with bitcoin, which they did not want to deal with, but preferred to simply take cash.

This situation may be for most ordinary people who have heard something about bitcoin, but have never dealt with it. This all seems simple to us, because we have already figured it out, but for those who have not delved into this issue, it will already seem very complicated and possibly risky.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: RealMalatesta on February 19, 2023, 09:29:15 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Adoption is the thing that we need so much and if people still do not know the price of bitcoin then adoption is still quite far away. Bitcoin is such an important innovation of our age, and it has changed lives of millions of people, and yet there are over a billion people who do not even know the price of bitcoin and that has to change. What can we do to increase awareness about it?

Well, simply we could just do more marketing, since we won't do it as retail investors, it has to be crypto companies who should be doing a lot more marketing to increase awareness, they would be doing a lot better in the long run and should be profiting from it as much as possible.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: serjent05 on February 19, 2023, 10:55:29 PM
Are we talking about 1 BTC or a bitcoin equivalent to $100? And what age were the children? It seems to me that most of the people who know how to handle money know or have heard about bitcoin, and if they are asked such a question, it would be logical to clarify how much bitcoin costs now, even if they don’t monitor its price.

If you watch the video, the two girls were offered to chose between $100 cash and 1 Bitcoin and the girls without hesitation chooses $100, lol they can easily search what Bitcoin is since connection to internet now a days is very easy and we can access information easily.

People who go to work every day and are not interested in finance and investment may not know the price of bitcoin, not know the price of gold, how much a barrel of oil costs, and this is normal. But a person who can think will find out this information if necessary, everyone has a smartphone and it will only take a few minutes of his time.

Not really, people who go to work every day have idle time where they can read newspapers, watch the news on tv or browse social media.  With Bitcoin's name popping everywhere, I doubt all of them are ignorant about Bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: romero121 on February 19, 2023, 11:26:40 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Nice try OP!  ;D These dumb kids have no idea about bitcoin so they will choose a 100$. I would rather surprise if they choose bitcoin over 100$. They thought bitcoin is some currency used in game.

The interviewer guy should ask a random guy on the street instead of asking a kid.
That's right, and I don't think these are kids. If I'm not wrong these are young generation who are much used to technology and everyone are much used to smartphones. Even in such situation these people not knowing about bitcoin is something unusual. Anyhow after this video few might search for bitcoin and feel bad of not opting to go with bitcoin and falling for mere $100 in cash.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: qwertyup23 on February 19, 2023, 11:52:27 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

I mean, they are kids and I doubt that they understand the opportunity and technicality of Bitcoin. I also do think that this may be the first time they have ever heard of BTC. Given on how technical owning a BTC is (e.g. having an exchange or creating a wallet, etc.), there is no doubt on why they chose $100 over BTC.

Maybe this may be one of those videos that they would look back once they reach the age of understanding or when they understood cryptocurrencies, they would have regretted their decision. But if I were a kid and someone offered me $100 vs a thing that I do not fully comprehend, I would definitely choose the former.



Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: nimogsm on February 21, 2023, 09:50:02 PM
I also watched other videos from the channel.As far as I understand, most of the questions take place during some kind of festival or something like that when many are having fun and it's not surprising that many will choose $ 100 right here and now.If I were in their place and the question would be during the festival,I would also choose $100 in cash and go on hanging out,since I already have $100 in Bitcoin ;)


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: GeorgeJohn on February 21, 2023, 09:55:15 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
You won't blame the person in question, because their is every tendency that the person is not informed of Bitcoin, i know very well that Bitcoin have to deal with awareness, maybe at that point in time the person needed cash to sort out it's bills, so i believe that if it's aware of Bitcoin properly it has chosen Bitcoin over $100


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Smartvirus on February 21, 2023, 11:50:40 PM
100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Ignorance kills faster than any weapon. That's because, you just won't know what's up to you. I wonder if the video is something recent or its been around for way too long.

People always give priority to that which they are familiar with, that which is tangible or they could grab at once and have no interest in that which looks mysterious.
In this case, it would be a situation of the money at hand is better than some thousands else where. Little do thy know that, the thousands else where could be easily converted and it is some thousand multiples of what is at hand.

When it comes to awareness, I see the people to have been playing there part still and that's some good enough pace.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: uneng on February 22, 2023, 01:52:54 AM
For the new generations there aren't excuses to not know what bitcoin is. The lack of information and general knowledge those 2 girls displayed on the shared video is astonishing! I imagine the kind of content those girls access daily at school and on the media isn't something very educative...

I can't blame their whole generation for that, though, because it's not fair to take 2 examples and consider it as the general rule for everyone else on the same age range. The objective of the channel is to show absurd decisions by the interviewed people. So the youtuber is definitely going to show only this side of the coin on his videos, although I'm sure many other interviewed people have decided for bitcoin, without any doubts.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Jawhead999 on February 22, 2023, 04:04:00 AM
Ignorance kills faster than any weapon. That's because, you just won't know what's up to you. I wonder if the video is something recent or its been around for way too long.
You can't entirely blame them for their ignorance, because not all people in this world know everything. I believe most people doesn't know if a Pokemon card can be worth for $6,000,000 [1] if a random guy offer a Pikachu Holo Illustrator or $1,000,000, most people will choose $1,000,000 because it's seems unrealistic if one card can be worth more than $1 Millions. Yeah you can google it to know the price, but I don't think it's allowed by the giver.


[1] https://videogames.si.com/guides/rare-pokemon-cards#gid=ci02b5c0f4600024c7&pid=pikachu-holo-illustrator


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Sebas.tian on February 22, 2023, 04:26:10 AM
Quote from: Zilon
The video showed how naive those kids were with Bitcoin and it's price. All they were after was the cash that will be in their hand, maybe they are yet to know about Bitcoin has a digital currency. One even them when asked what Bitcoin is said it is a like a game or something which means many are still in the dark as regards the digital era. One might say not everything that is shown online is real that is true but some of them have a picture of what is happening in the society. So more awareness and sensitisation is needed to spread Bitcoin even amongst the younger ones.

I agree with you, the kids just needed cash at the moment because they knew with cash they can start buying things they want in the place just to look flexing in the eyes of people around them. I don't think, those kids has any idea on Bitcoin because the way they responded that they prefer $100 than Bitcoin, showed that they don't have the knowledge of Bitcoin in that society. I believe, many bitcoiners are not resting in spreading the good news about Bitcoin to different communities to let them know that Bitcoin is a potential coin that can do what fiat money can do to humanity and to the societies at large which citizens and governments need to embrace it.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: wxa7115 on February 22, 2023, 04:52:27 AM
For the new generations there aren't excuses to not know what bitcoin is. The lack of information and general knowledge those 2 girls displayed on the shared video is astonishing! I imagine the kind of content those girls access daily at school and on the media isn't something very educative...

I can't blame their whole generation for that, though, because it's not fair to take 2 examples and consider it as the general rule for everyone else on the same age range. The objective of the channel is to show absurd decisions by the interviewed people. So the youtuber is definitely going to show only this side of the coin on his videos, although I'm sure many other interviewed people have decided for bitcoin, without any doubts.
Exactly, at least in the past people could blame the TV for not airing the right information for their ignorance, but this is not the case anymore, if you are unaware that bitcoin exists then that is on you as Youtube and other social media websites are full of videos and information about bitcoin and the market in general.

And due the huge amount of content that people can watch today it is not surprising to see they are choosing to watch material that while fun it may not be the most productive way to spend their free time.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: crypticj on February 22, 2023, 05:34:06 AM
The kids never took time, all of the sudden chosen 100$.

I think awareness is a really big problem right now. A lot of grown-up people don't even know what bitcoin is or think that it's funny money. The problem with kids is even more serious. Parents don't even think that it's important to explain to kids what bitcoin is because it's the money of their future and by ignoring bitcoin, you are now giving your kids a chance to be ahead of the progress. They literally can start accumulating bitcoin and by the time they will be 25, they will have millions in bitcoins. I don't know why some people don't realize it.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: kro55 on February 22, 2023, 05:36:57 AM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Nice try OP!  ;D These dumb kids have no idea about bitcoin so they will choose a 100$. I would rather surprise if they choose bitcoin over 100$. They thought bitcoin is some currency used in game.

The interviewer guy should ask a random guy on the street instead of asking a kid.
That's right, and I don't think these are kids. If I'm not wrong these are young generation who are much used to technology and everyone are much used to smartphones. Even in such situation these people not knowing about bitcoin is something unusual. Anyhow after this video few might search for bitcoin and feel bad of not opting to go with bitcoin and falling for mere $100 in cash.

Nothing is out of the ordinary in this situation, not everyone with access to technology or using a smartphone will know everything. I mean, many kids are still surrounded by their parents, and they don't need to worry about money, even if they've heard of bitcoin before, they won't care. Young people today are interested in bitcoin because they need money, and what they care about is money, so kids who are given money by their parents won't care about bitcoins or anything else.
I don't think they will believe in bitcoin even if they search for bitcoin later, faith in bitcoin cannot be created just by watching a few videos. If they find negative videos about bitcoin, they will feel they were right to choose $100 instead of 1 BTC.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Sanitough on February 22, 2023, 08:11:49 AM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Let’s just say not all kids are into latest technology. They might have not known bitcoin for all their lives, or they have heard about it but were never aware of its current value. Furthermore, if their country is also banning bitcoin, so expect that they would still chose $100 that can be used instantly, rather than choosing bitcoin where it can’t be used in their own country.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: yazher on February 22, 2023, 08:48:28 AM
This is just like taking the mystery gifts or the cash the man's holding. Of course, most of the people who have been offered those choices will prefer to take the money in front of them because they want assurance over mysteries and also this is what going to happen if you ask them which one they want BTC or money. They probably don't have any BTC wallet because no one has given them a small number of bitcoins before and that's why they only took the money. As we can see in the mainstream media, there are only a few promotions about bitcoins and not so many people are interested in such but if they offer free BTC to create accounts on exchanges, I think it should suffice to promote it for those kids that next time they will gonna choose BTC over $100 cash.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: laurenB7742 on February 22, 2023, 09:58:03 AM
The kids never took time, all of the sudden chosen 100$.

I think awareness is a really big problem right now. A lot of grown-up people don't even know what bitcoin is or think that it's funny money. The problem with kids is even more serious. Parents don't even think that it's important to explain to kids what bitcoin is because it's the money of their future and by ignoring bitcoin, you are now giving your kids a chance to be ahead of the progress. They literally can start accumulating bitcoin and by the time they will be 25, they will have millions in bitcoins. I don't know why some people don't realize it.

Because even parents, many adults do not know about bitcoin, how can they educate their children about bitcoin? Bitcoin is growing very fast, but that does not mean that everyone knows about bitcoin and not everyone is ready to accept it. We are fortunate people to know bitcoin very early, so we should take advantage of this in educating our children. I'm not sure my kids will love bitcoin as much as I do, but I'll still educate them about bitcoin when they're old enough.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: GideonGono on February 22, 2023, 01:11:48 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Even though that it is scripted and most see it as stupid or dumb video, it is still frustrating and funny to watch.
But for real this video made me realize that most of us would really pick the choice that we think that is much better than the other one and in real life most of us are foolish enough to do it not knowing the worth of the other options that we have.
We tend to settle for what we think that is good for us not knowing that there are better options out there.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: bounceback on February 22, 2023, 01:56:48 PM
I don't think teenagers know what bitcoin is. Otherwise, they would choose bitcoin over $100 because they see how much bitcoin is worth now and in the future. Maybe they don't realize that there are bitcoins that can give them more profits. But maybe once they learn about bitcoin, they'll regret choosing $100. They saw a $100 bill in hand, so they chose it. This is psychology and it happens in many other places as well. They should find out on the internet instead of just spending time having fun with their friends.
Unfortunately, this teenager missed a big opportunity because he preferred $100 worth of fiat currency over bitcoin. I'm sure after going home and finding out about bitcoin information on the internet he will definitely regret not choosing bitcoin.
Seeing the current adoption of bitcoin which continues to increase among the public, hasn't bitcoin been discussed in almost all media, especially in online media, so that makes me not sure if the man didn't know anything about bitcoin, but maybe he chose fiat money at that time because really need money to buy goods or for other purposes.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: AverageGlabella on February 22, 2023, 02:00:50 PM
Never believe these videos they probably asked 100 of people on the day and a lot of people said btc and they cut them out. Most people know how much btc is worth because it has been on the main stream news. Any one that does not has been living under a rock. I have many friends that do not know I am invested in btc and they talk about the price even if they are not invested too.

I know some might get confused in the moment and think 1 btc is lower then 100 because they think 1 btc = 1 usd but I do not believe as many people in the video think this because it is common knowledge that the price of 1 btc does not equal 1 usd. These videos are staged or satire just to entertain the audience normal people do not answer like this.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: EFS on February 22, 2023, 09:11:06 PM
It's not possible to get an idea about a generation with a selected example. If the video was real, and from their reactions it looked like it was real, the girls probably thought Bitcoin was some kind of game money or something like that. They paid the price for their ignorance by missing a great opportunity. On the other hand if they chose Bitcoin, would the guy who took the video give 1 Bitcoin to them, that's debatable. You shouldn't put too much meaning into these kind of videos.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: panganib999 on February 22, 2023, 09:17:36 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Not just about awareness. It's more on the fact of postulates set on a kid's mind. For instance, these kids you mentioned, will most likely know what a dollar is, and less likely to know what bitcoins are, if they even know it existed. That being said, these kids are expected to choose cash over bitcoin, just over the fact alone that bitcoin is something that is not imposed upon a child while it is developing.

In all seriousness, I wouldn't trust my kid if I ever had one with bitcoins, especially in an early age. It's one thing to educate and inform them, it's another to leave them unattended with bitcoins and subject themselves to pretty adult things.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Kasabus on February 22, 2023, 09:50:00 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Education is the only way so that people will start to be aware even on things that are not seen in physical, but are still valuable. However, it’s normal for kids to choose $100 compared to 1 bitcoin, because even if they know about bitcoin, the fact that it still need to be converted so it won’t be used instantly, than to stick with $100 and you can use to buy them immediately. But for adults who are aware already about bitcoin and it’s corresponding value, for sure they will be smart enough to chose bitcoin over $100.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: jaberwock on February 23, 2023, 08:33:23 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.
Not realizing and not knowing the difference is definitely their own fault, and I would definitely not look to include them in the future. Our aim shouldn't be to get these people included actually, it wouldn't benefit us if they learned the price of bitcoin and be more aware of the crypto space, it would be a lot better if we could end up getting the attention of huge companies.

Because those companies who can spend over a billion dollars on bitcoin purchases (and there are more than one, there are plenty) also have friends in every industry, which means that it could spread the information of bitcoin much faster than us. Both the price would go up, and it would be better for awareness.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Dr.Bitcoin_Strange on February 23, 2023, 09:36:11 PM
It all depends. I think some parents are now beginning to introduce Bitcoin and financial management to their kids. If that video is real, then I assume the girls may have heard about Bitcoin but don't know its value. It's great to educate those around us about Bitcoin so they're aware and, at the very least, don't miss out on opportunities like this, but I doubt the interviewer was prepared to give the 1 bitcoin. 


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Vaculin on February 23, 2023, 09:48:40 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
We all need to be educated to develop awareness because that will help us to create right decisions in the future. Most particularly for the kids as they can be great leaders in the future. However, with this example, it’s obvious that these kids only focus on the present, so they chose $100 to buy it something they want immediately. Although they may be aware about bitcoin, but the fact that most store owners do not accept it as a payment method, then they think its wiser to chose $100 over 1 bitcoin. And we can’t blame them for that because kids will always think far different from matured adults.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: serjent05 on February 23, 2023, 10:54:32 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Not just about awareness. It's more on the fact of postulates set on a kid's mind. For instance, these kids you mentioned, will most likely know what a dollar is, and less likely to know what bitcoins are, if they even know it existed. That being said, these kids are expected to choose cash over bitcoin, just over the fact alone that bitcoin is something that is not imposed upon a child while it is developing.

In all seriousness, I wouldn't trust my kid if I ever had one with bitcoins, especially in an early age. It's one thing to educate and inform them, it's another to leave them unattended with bitcoins and subject themselves to pretty adult things.

And why would you let your kids keep your 1 BTC?  Kid's money is supposed to be managed by parents not the other way around.  And seriously, why would you trust your 1 BTC to a kid?  I agree that we must educate our kids in financial matter, to make them at least financially literate and know the value of money and savings.  Trading in the contrary is too complex to learn for children especially when it is dominated by whales who will devour anyone who is immature to handle things and most of all the technical part of BTC should left when our kids is old enough to know how Bitcoin works in technical terms.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Mr.right85 on February 23, 2023, 11:11:57 PM
We all need to be educated to develop awareness because that will help us to create right decisions in the future. Most particularly for the kids as they can be great leaders in the future. However, with this example, it’s obvious that these kids only focus on the present, so they chose $100 to buy it something they want immediately. Although they may be aware about bitcoin, but the fact that most store owners do not accept it as a payment method, then they think its wiser to chose $100 over 1 bitcoin. And we can’t blame them for that because kids will always think far different from matured adults.
Not knowing the value of what is before you could really be one's downfall. You know, someone who lives by the riverside would not know the value of the freshwater that is flowing beside him or her compared to someone who is living in the desert. You know the story of how people in the desert die of taste while holding a bottle of water? That's just how the water is valued. Much more than your $100.

That's just the situation with someone not having to value 1BTC and gives more value to $100. You truly don't know the value of 1BTC but, they surely value $100 because, they know the value and can use it immediately.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: OgNasty on February 23, 2023, 11:19:51 PM
I’ve seen the same sort of videos where they ask strangers if they want $100 or a 1oz gold coin. A lot of people have no idea about valuations or money and they don’t care. They go through life with blinders on, run up debt, and buy whatever they can before their credit line runs out. This is why the government can get away with wasting billions of dollars a day. They don’t teach financial education in public schools for a reason…


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: pawel7777 on February 23, 2023, 11:41:40 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)

Don't make a judgement based on one short video clip. He wouldn't earn many views for posting people choosing 1 BTC over $100. Most videos of that sort are either staged or they would just cherry-pick and compile the most ridiculous responses to get more views.
I recall seeing a similar videos i.e. with an authentic Krugerrand Vs chocolate bar (iirc)


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Godday on February 24, 2023, 04:36:56 AM
Everything is about value.  An object will have a good value in the eyes of the right person.  A painting will be of high value in front of art painting collectors.  Likewise with Bitcoins.  Just like when I was a kid that made me think what Bitcoin is and if I were a kid I would probably prefer a $50 toy instead of 0.1 of Bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: pawel7777 on February 24, 2023, 10:28:23 PM
Everything is about value.  An object will have a good value in the eyes of the right person.  A painting will be of high value in front of art painting collectors.  Likewise with Bitcoins.  Just like when I was a kid that made me think what Bitcoin is and if I were a kid I would probably prefer a $50 toy instead of 0.1 of Bitcoin.

Obviously, but I assume we're talking about adult people, who, at least in theory, should be able to compare the value of different assets. For that, there has to be a certain level of awareness, and I think Bitcoin is doing very well in this regard, despite what OP's video might suggest.
I would never expect that Bitcoin could capture as much of the general public's attention as it did during the last rally, where literally anywhere you went, people (completely uninterested in crypto before) were talking about investing in it.

ps. The modern art market is largely a money laundering fraud. Just saying.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: akuntester1 on February 27, 2023, 09:51:10 PM
This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

OP don't think too seriously about educating everyone on Bitcoin.
That's just a piece of influencer content and doesn't mean that many people there don't know about Bitcoin.

Don't make a judgement based on one short video clip. He wouldn't earn many views for posting people choosing 1 BTC over $100. Most videos of that sort are either staged or they would just cherry-pick and compile the most ridiculous responses to get more views.
I recall seeing a similar videos i.e. with an authentic Krugerrand Vs chocolate bar (iirc)

That's right, it's a just strategy from the YouTuber to attract audience interest by presenting shows that interest many people like Bitcoin.
Such strategies have often been used by many influencers and the media to attract people to see and read their videos or articles.
But at least in my opinion the influencers or media indirectly introduce Bitcoin to the public through their content or news.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Desmong on February 27, 2023, 11:08:20 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
awareness is very important do that people will understand the resin why they have to take a particular decision without making a mistake. The boy was ignorant because he lack knowledge about what Bitcoin is and what it could do for him. This is the work of the parent to teach there children what Bitcoin is so that even though the government is not ready to support them, everything  will be fine.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Cz-Silk on February 27, 2023, 11:23:04 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)

Bitcoin will be adopted in society gradually, when these young people see that their assets have no value and that the state can take them at any time, that's when they will adopt bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: EdenHazard on February 27, 2023, 11:58:38 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)

Bitcoin will be adopted in society gradually, when these young people see that their assets have no value and that the state can take them at any time, that's when they will adopt bitcoin.
But when you go for bitcoin for such short term benefit ...

As time goes by in the long term when they found a bad thing about bitcoin that towards against them ... they will start babbling and get frustrated as they had very limited knowledge and jump into conclusion that bitcoin is not useful at all, ironic.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: BTCBroker2016 on March 03, 2023, 06:13:35 AM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)

Bitcoin will be adopted in society gradually, when these young people see that their assets have no value and that the state can take them at any time, that's when they will adopt bitcoin.

Thought is right. But it is hard for some people to wait when they can't do anything


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: CryptoHeadlineNews on March 03, 2023, 03:51:58 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
I couldn't stop laughing the moment he asked the girls what is Bitcoin, and one responded "It's a game", because this is a sign there are a whole lot of people who have no clue what Bitcoin is in this present time, because I bet you, the very day these ladies get to know the value of Bitcoin, they will regret ever choosing $100 over 1 Bitcoin worth $22,000 by today's current market price.
https://images2.imgbox.com/ee/43/PeMvXrnj_o.jpg (https://imgbox.com/PeMvXrnj)

So by what we have witness in this video, I think it is our responsibility to spreading & education of the good news of Bitcoin to all nocks and crannies all around the world. And it begins with you and I as members of this forum and beneficiaries of this awesome project that has come to stay and put us in control over our finance.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Cantsay on March 03, 2023, 04:05:45 PM
[~snipped~]

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)

The part where she said "yeah, I think I'm okay in the head" killed me like for real?
Although I have seen similar videos and memes where some people were asked to choose between 2 pies and Bitcoins and they chose the pie saying that they were hungry and needed something to eat and if they should get Bitcoin they probably won't have anything to do with since they both lack coding knowledge.

If not for bitcointalk I'm still wondering how my own cases would be like. Ever since I became a member of Bitcoin when I see people arguing about something I have seen before here in Bitcointalk I just smile and try to tell them the answer.
Assuming bitcointalk wasn't recommend for me I guess I would have ended up like those ladies in Op who chose $100 over Bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: DeathAngel on March 03, 2023, 09:15:47 PM
It depends who you ask & where you ask it. Some people are just really dumb, you can take a horse to warer but can’t make it drink. I’d like to think if you asked people on Wall Street or some other high profile financial district they’d take the bitcoin.

I guess as humans there is a psychology around risk levels. Nobody ever gets rich playing it safe, the people who choose the bitcoin will probably do better in life. I’d love to see a study that followed the people over 30 years & see who did better in life, the guy who chooses the $ or the BTC.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: pawel7777 on March 03, 2023, 09:20:37 PM
But at least in my opinion the influencers or media indirectly introduce Bitcoin to the public through their content or news.

Oh, for sure. And what's more, this type of videos has a particularly great effect, as they have an element of shaming. People who don't know what the Bitcoin is, or how much is it worth, are made to look stupid and risk others making fun of them.
So if you're completely ignorant of Bitcoin and come across that video on social media, you're more likely than not just to look Bitcoin up and get to know the basics.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Ryu_Ar1 on March 03, 2023, 09:35:49 PM
Looking at this condition, I actually feel that there are still 2 possibilities that could happen because looking at the conditions, even though it was indeed done on the street and randomly, we also have to see where it was taken and whether crypto is already well-known there or not because this also depends on where and who is asked. .
When the situation there doesn't know about bitcoin, there's nothing wrong with that choice because they don't know what bitcoin is like, considering that it might still be something taboo there, but when you ask people who already know about it, it's clear the possibility will be different.
I think it's not a matter of taking $100 or bitcoins.
Even when he was asked about bitcoins, he didn't know that this indicated that indeed the questioner was also aware that they would choose $100 over bitcoins.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: blockman on March 03, 2023, 10:52:19 PM
Looking at this condition, I actually feel that there are still 2 possibilities that could happen because looking at the conditions, even though it was indeed done on the street and randomly, we also have to see where it was taken and whether crypto is already well-known there or not because this also depends on where and who is asked. .
When the situation there doesn't know about bitcoin, there's nothing wrong with that choice because they don't know what bitcoin is like, considering that it might still be something taboo there, but when you ask people who already know about it, it's clear the possibility will be different.
I think it's not a matter of taking $100 or bitcoins.
Even when he was asked about bitcoins, he didn't know that this indicated that indeed the questioner was also aware that they would choose $100 over bitcoins.
The location really matters where the survey was made and if someone goes to the place like it's been a tech place, there will be more people that are in that area to be choosing bitcoins even if they don't like it because they know that the value is way higher than a $100.
There's bias on these things or factors that would really affect the sentiment of many and that varies so it's no question why it seems that many still don't know about btc.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: pawel7777 on March 04, 2023, 10:34:44 AM
The location really matters where the survey was made and if someone goes to the place like it's been a tech place, (...)

The awareness of Bitcoin is probably high enough, that you won't have to go to a tech place to see the majority choosing 1 bitcoin over $100. It probably wasn't easy for the author of the video to find people going for the USD.
To get a clear picture, you could simply ask adult people around you (family, friends etc), who are not part of the crypto community, what would they pick. I beet most of them would go for Bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: thecodebear on March 04, 2023, 08:21:09 PM
Just lack of awarenesss, lack of education of what Bitcoin is.


We're still VERY early in Bitcoin adoption. Most people don't know what it is or have heard of it but don't know anything about it, or have just read some headlines (usually negative) about it.



Obviously anyone who knows what Bitcoin is and what the price is would take 1 bitcoin over $100.



It'll take a bunch of years before there is really meaningful adoption of Bitcoin. Because lots of people know about Bitcoin and say "oh I wish I had got in early" and they don't realize it is still early. So even among the many people who could adopt it right now they don't because they simply don't know anything about it and think everyone who has benefitted from Bitcoin only did so because they bought it earlier and now its too late. That'll continue for many years, and only slowly will those people gradually make the plunge and start to realize they weren't "too late". It'll probably be a generation before Bitcoin is considered normal and people will actually know what it is and no be afraid to get some or not think the only reason to get some is if you got some earlier.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: pawel7777 on March 06, 2023, 09:20:21 PM
We're still VERY early in Bitcoin adoption. Most people don't know what it is or have heard of it but don't know anything about it,

I don't think that's true, especially not for the western world.

At what point we will not be "early" anymore exactly? During the last bull run everyone and their dog was invested in crypto or at least was considering it.
When you hear hairdressers, bricklayers or random people at the gym all talking about investing in crypto - we are no longer early.

It's hard to get a hold of reliable stats, but according to this source (https://explodingtopics.com/blog/blockchain-stats), in 2021 the number of Americans owning crypto jumped to over 23%. That's huge. I'm guessing that's way more than the number of Americans owning gold.

According to the same source: "Research from July 2021 shows that 89% of American adults have heard of Bitcoin." Will we still be "early" at 99%?


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Stable090 on March 06, 2023, 09:31:01 PM
Bitcoin will be adopted in society gradually, when these young people see that their assets have no value and that the state can take them at any time, that's when they will adopt bitcoin.
We don’t just expect everyone to know about bitcoin once, it will happen gradually, the world is so big and we don’t expect everyone to adopt bitcoin once, let’s talk about our rural areas that don’t really have access to internet connections, must of them don’t know anything about bitcoin but I know with time they will begin to start hearing about bitcoin. Few years ago just few people knows about bitcoin but currently the percentage of people that knows about bitcoin have increased.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Fatunad on March 06, 2023, 09:59:14 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Not really that surprising on which not every corners of the world do really knows bitcoins existence specially into those young kids or young minds who arent really that aware on whats been around.
They cant really just resist and do stick on what are the things that they had grown into which is really that considers always about fiat. Just let recognition and adoption do move on its own
because recognition and awareness doesnt really stop and sooner or later it would really be known around. It is really just a matter of time on which everyone would really be
recognizing its existence but not for now.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: samcoin on March 06, 2023, 10:55:50 PM
According to some estimations, there are around 420 million crypto currency users over the world, which equals to nearly 0.06% of the world population. Thus, we can't expect all people to know about Bitcoin and crypto. I know this percentage could differ from one country to another, but the result is the same everywhere. Not all people know about crypto. That might look strange to us as we have been in crypto for years and got used to it. However, Bitcoin still has a long path and some hurdles to overcome before it becomes a global currency.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: romero121 on March 06, 2023, 11:05:57 PM
According to some estimations, there are around 420 million crypto currency users over the world, which equals to nearly 0.06% of the world population. Thus, we can't expect all people to know about Bitcoin and crypto. I know this percentage could differ from one country to another, but the result is the same everywhere. Not all people know about crypto. That might look strange to us as we have been in crypto for years and got used to it. However, Bitcoin still has a long path and some hurdles to overcome before it becomes a global currency.
Yes, this is the real fact. In terms of awareness there are difference between countries. Here the visual looks to be from a western nation for which everyone thinks that they knew well about bitcoin and cryptocurrency which is wrong. Very small percentage of the population is using the Cryptocurrency around the world, and this can differ in the future. In most cases people hadn't used to it. This makes them find prefer the cash against the bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Farma on March 07, 2023, 06:26:17 AM
According to some estimations, there are around 420 million crypto currency users over the world, which equals to nearly 0.06% of the world population. Thus, we can't expect all people to know about Bitcoin and crypto. I know this percentage could differ from one country to another, but the result is the same everywhere. Not all people know about crypto. That might look strange to us as we have been in crypto for years and got used to it. However, Bitcoin still has a long path and some hurdles to overcome before it becomes a global currency.
well, even based on the video, we know that there are still very many teenagers who don't know what bitcoin is. some people in my city also even think that bitcoin tends to be with games, gambling, or even MLM.
However, with this, it can be concluded that education about bitcoin is still very little. I read in several online media saying that several cities or countries are currently providing education about blockchain, especially bitcoin, and altcoins. they include it in their course curriculum. this is what other countries need to emulate, even when they reject it. there's so much they're going to miss if they don't know that until they grow up.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: dezoel on March 07, 2023, 09:40:00 AM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
There are tons of videos like this and I am pretty sure that its edited to make it look like this. I remember a ton of videos back in the day that showed "how stupid Americans are" and asked like "name a country that starts with U" and none of them realized their nation is united states of America, or stuff like what is the capital of USA, and who is the president and all of that.

Of course there are stupid people who have no idea which one is bigger, if you ask 100 people, you can find 5 people who have no idea, if you ask 1000 people you could find multiple videos worth of it, but I bet you that they asked a lot of people who knew the answer that didn't showed up on the video.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: pawel7777 on March 07, 2023, 09:47:18 PM
According to some estimations, there are around 420 million crypto currency users over the world, which equals to nearly 0.06% of the world population. Thus, we can't expect all people to know about Bitcoin and crypto. I know this percentage could differ from one country to another, but the result is the same everywhere. Not all people know about crypto. That might look strange to us as we have been in crypto for years and got used to it. However, Bitcoin still has a long path and some hurdles to overcome before it becomes a global currency.

You will never achieve 100% public awareness. That will never happen unless in some weird scenario when bitcoin becomes the official global currency (it won't). Essentially only people who are at least a little bit interested in either technology or investing will have a decent grasp of crypto - others simply don't care and never will.

Gold has been around since the dawn of civilisation and still only a small percent of the population would know a rough price per ounce.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: borovichok on March 08, 2023, 10:28:35 AM
According to some estimations, there are around 420 million crypto currency users over the world, which equals to nearly 0.06% of the world population. Thus, we can't expect all people to know about Bitcoin and crypto. I know this percentage could differ from one country to another, but the result is the same everywhere. Not all people know about crypto. That might look strange to us as we have been in crypto for years and got used to it. However, Bitcoin still has a long path and some hurdles to overcome before it becomes a global currency.
Bitcoin is not intended for everyone; rather, it is for a small group of people who are willing to take significant risks to achieve their goals or to become financially stable. Throughout my years in crypto, I've witnessed a lot of terrible experiences as well as positive aspects of the trading sector, which has stimulated my curiosity in learning more about the market. Although the world's population is growing quickly, there are still many people who are unaware of what cryptocurrency is all about, There's high probability or chance, Bitcoin definitely have a promising future, in the case of people unaware, is probably due to ignorance or scared of the losses results that envolved round the market. Fiat currency is also one of the big retrain that keep individual off bitcoin and go about their various lives.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: $$Atik$$ on March 08, 2023, 10:31:03 AM
'The Matrix' star Keanu Reeves: #Bitcoin is "an amazing tool for exchange of resources"

Criticizing it "is only going to make it better" 👏

_____________________________________


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: MIner1448 on March 08, 2023, 06:00:19 PM
From the perspective of what is more relevant, it can depend on the specific context and needs of the target audience. For example, in communities with high levels of financial instability or limited access to financial education, increasing financial literacy may be more relevant. In other cases, such as among individuals interested in investing or using digital currencies, increasing awareness of Bitcoin may be more relevant.







Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: EarnOnVictor on March 09, 2023, 11:57:59 AM
According to some estimations, there are around 420 million crypto currency users over the world, which equals to nearly 0.06% of the world population. Thus, we can't expect all people to know about Bitcoin and crypto. I know this percentage could differ from one country to another, but the result is the same everywhere. Not all people know about crypto. That might look strange to us as we have been in crypto for years and got used to it. However, Bitcoin still has a long path and some hurdles to overcome before it becomes a global currency.

You will never achieve 100% public awareness. That will never happen unless in some weird scenario when bitcoin becomes the official global currency (it won't). Essentially only people who are at least a little bit interested in either technology or investing will have a decent grasp of crypto - others simply don't care and never will.

Gold has been around since the dawn of civilisation and still only a small percent of the population would know a rough price per ounce.
More adoption is expected in the nearest years, but as you had rightly iterated, there can't be 100% adoption of the coin. Even gold that was introduced over 4000BC ago still has around $12.250T market capitalization. This amount is way lower than the money circulating around the world.

Also, what many don't think about is that Bitcoin has its peg, which means that there is a limit to its circulation and only a few fractions of the world's population could hold the coin at a time.

This is another constraint even if more people want to adopt it with time.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: JeremyW99 on March 09, 2023, 08:43:58 PM
I remember seeing similar videos where people were offered an ounce of gold or a chocolate bar, and some people took the chocolate bar.
Never underestimate the stupidity of the general population.   ???


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: pawel7777 on March 09, 2023, 09:35:15 PM
More adoption is expected in the nearest years, but as you had rightly iterated, there can't be 100% adoption of the coin. Even gold that was introduced over 4000BC ago still has around $12.250T market capitalization. This amount is way lower than the money circulating around the world.

I haven't seen any stats on this, but I'd be guessing that there already are more people holding crypto as an investment than people holding gold as an investment (excluding jewelry), at least that's my observation from my social circles. If that's true, that's kind of crazy how fast Bitcoin got it's popularity.


Also, what many don't think about is that Bitcoin has its peg, which means that there is a limit to its circulation and only a few fractions of the world's population could hold the coin at a time.

That's irrelevant really. Bitcoin is easily divisible, and if needed to be more decimal places could be added, so it's not like there will be a shortage of bitcoin to hold. Sure not everyone can hold 1 or even 0.1 of a coin, but that's just a unit of measure that means almost nothing, apart from having a psychological factor.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Tazzy4050 on March 10, 2023, 02:29:44 AM
We all know that Bitcoin is the future of the financial world. But there are many people who wanted to get a bit of bitcoin right now but don't know how to do it. We want to prevent this problem by making a awareness video and hope it becomes one of the best videos on how to invest in Bitcoin.

Many stores accept bitcoin, but you have to educate them on how to use it. We see lots of people complaining about ordering something online and having it take forever to get to them. The most common reason for this is not enough awareness. Bitcoin is a great option for those who want direct transactions between buyer and seller without the middle man.

You can spend money on everything in life, especially to make your child's education better! It would be better if we can get bids from real people, instead of just banks or financial institutions.

Bitcoin is one of the most profitable investments you can make. You can earn thousands of dollars every month by buying and selling Bitcoin on an exchange, or keep the money in your cold wallet and just buy whatever you want with it. If you were to continue holding your Bitcoin for a year and earn an average 7% return each year, this would mean that your investment would be worth over $89,000 at the end of year 1.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: tygeade on March 10, 2023, 10:32:19 AM
More adoption is expected in the nearest years, but as you had rightly iterated, there can't be 100% adoption of the coin. Even gold that was introduced over 4000BC ago still has around $12.250T market capitalization. This amount is way lower than the money circulating around the world.

Also, what many don't think about is that Bitcoin has its peg, which means that there is a limit to its circulation and only a few fractions of the world's population could hold the coin at a time.

This is another constraint even if more people want to adopt it with time.
Also this not really about "adoption". Adoption is when people start using it, this is awareness and I think 100% public awareness is possible, we are already at a high rate and there are people who respond "what is the capital of England" with an answer like "Europe?" so yeah, they won't know the difference without a doubt but anyone who should, will know the difference and majority already do.

I think the best case would be just letting time fix this, the more time bitcoin is around, the more people will hear about it and then we will have a lot more people aware that one bitcoin is far more valuable than 100 dollars, just requires a bit more time.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: rodskee on March 10, 2023, 12:29:16 PM
Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin (https://youtube.com/shorts/nNXGEJW1zaA?feature=share)
Lol clearly that those kids has no even a small idea waht bitcoin is all about this is why they answered directly about 100 dollars and also they even think that it is from the game?
and also why ask KIDS ? why not mature people ? maybe they will at least have second thought on what to choose.
though my kids has an idea or knowledge about bitcoin and its importance but those tiktok videos ? obviously a random people that has no idea about what they are choosing .


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: pawel7777 on March 10, 2023, 09:29:09 PM
and also why ask KIDS ? why not mature people ? maybe they will at least have second thought on what to choose.

Mature people are more likely to have heard at least a little bit about Bitcoin to know it's probably worth more than $100. And if they didn't know, they'd probably make some level-headed response (e.g. "I'm not sure what Bitcoin is so I'll take $100"), which wouldn't be as entertaining as two ignorant teenage girls.

And as posted above, it might have taken a while for that guy to find anyone choosing $100 over 1bitcoin.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Inwestour on March 11, 2023, 11:47:56 AM

Mature people are more likely to have heard at least a little bit about Bitcoin to know it's probably worth more than $100. And if they didn't know, they'd probably make some level-headed response (e.g. "I'm not sure what Bitcoin is so I'll take $100"), which wouldn't be as entertaining as two ignorant teenage girls.

And as posted above, it might have taken a while for that guy to find anyone choosing $100 over 1bitcoin.
It’s not hard to assume that there are a lot of teenagers who don’t know about bitcoin, but at least it should have sparked their interest, if they are offered something to choose from with a hundred dollars, then it can be priced equally, or even cost more.

By the way, this one may also be true that he had to spend some time finding suitable, teenagers who don't know about bitcoin in order to create a headline that would attract attention.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: rodskee on March 17, 2023, 09:04:13 AM
and also why ask KIDS ? why not mature people ? maybe they will at least have second thought on what to choose.

Mature people are more likely to have heard at least a little bit about Bitcoin to know it's probably worth more than $100. And if they didn't know, they'd probably make some level-headed response (e.g. "I'm not sure what Bitcoin is so I'll take $100"), which wouldn't be as entertaining as two ignorant teenage girls.

And as posted above, it might have taken a while for that guy to find anyone choosing $100 over 1bitcoin.
And it is reality , it happened unless it is scripted? not sure about that but yeah if people had understanding about bitcoin then surely this will never be the response as choosing 100 dollars for a thousand dollars valued coin lol.
imagine if they have to choose a grams of Gold ring over 100 dollars then they will choose that ring , but instead not towards bitcoin .
I remember seeing similar videos where people were offered an ounce of gold or a chocolate bar, and some people took the chocolate bar.
Never underestimate the stupidity of the general population.   ???
funny about choosing chocolate against gold lol , but if that is a real score then I condemned that person  ;D


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Kasabus on March 17, 2023, 10:13:45 AM
It depends who you ask & where you ask it. Some people are just really dumb, you can take a horse to warer but can’t make it drink. I’d like to think if you asked people on Wall Street or some other high profile financial district they’d take the bitcoin.

I guess as humans there is a psychology around risk levels. Nobody ever gets rich playing it safe, the people who choose the bitcoin will probably do better in life. I’d love to see a study that followed the people over 30 years & see who did better in life, the guy who chooses the $ or the BTC.
I guess those kids do not know bitcoin at all or they have heard it and think that bitcoin has no real value that’s why they quickly chose dollar over bitcoin. Regardless of which country they came from, it’s a fact that bitcoin is not really that well known compared to dollar and still needs people to be educated on it so they will gain insights and knowledge about bitcoin. However, for crypto friendly country like El Salvador, you don’t have to ask them about it because it’s an obvious fact that they will chose bitcoin over a $100.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Kelvinid on March 17, 2023, 10:18:37 AM
and also why ask KIDS ? why not mature people ? maybe they will at least have second thought on what to choose.

Mature people are more likely to have heard at least a little bit about Bitcoin to know it's probably worth more than $100. And if they didn't know, they'd probably make some level-headed response (e.g. "I'm not sure what Bitcoin is so I'll take $100"), which wouldn't be as entertaining as two ignorant teenage girls.

And as posted above, it might have taken a while for that guy to find anyone choosing $100 over 1bitcoin.
And it is reality , it happened unless it is scripted? not sure about that but yeah if people had understanding about bitcoin then surely this will never be the response as choosing 100 dollars for a thousand dollars valued coin lol.
imagine if they have to choose a grams of Gold ring over 100 dollars then they will choose that ring , but instead not towards bitcoin .

Whether it was scripted or not but a kid's mind will simply take what they can see physically rather than thinking about an imaginary thing Bitcoin. Besides, they don't have an idea what that thing is and what they do with them. And it was obvious that they will choose money.
In fact, even matured people that already heard about Bitcoin still have no idea what is it. Lack of education is really the reason but these misinformations that we get online will certainly confuse readers.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Dr.Osh on March 17, 2023, 12:25:37 PM
and also why ask KIDS ? why not mature people ? maybe they will at least have second thought on what to choose.

Mature people are more likely to have heard at least a little bit about Bitcoin to know it's probably worth more than $100. And if they didn't know, they'd probably make some level-headed response (e.g. "I'm not sure what Bitcoin is so I'll take $100"), which wouldn't be as entertaining as two ignorant teenage girls.

And as posted above, it might have taken a while for that guy to find anyone choosing $100 over 1bitcoin.
I also heard that they have also heard about bitcoin before, but they don't know anything other than that. However, the introduction of bitcoin is now widespread, and most people already know what the real price is but probably don't know how to use it. However, education is still needed to make people like that realize how valuable bitcoin is today.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Lorence.xD on March 17, 2023, 12:49:55 PM
and also why ask KIDS ? why not mature people ? maybe they will at least have second thought on what to choose.

Mature people are more likely to have heard at least a little bit about Bitcoin to know it's probably worth more than $100. And if they didn't know, they'd probably make some level-headed response (e.g. "I'm not sure what Bitcoin is so I'll take $100"), which wouldn't be as entertaining as two ignorant teenage girls.

And as posted above, it might have taken a while for that guy to find anyone choosing $100 over 1bitcoin.
I also heard that they have also heard about bitcoin before, but they don't know anything other than that. However, the introduction of bitcoin is now widespread, and most people already know what the real price is but probably don't know how to use it. However, education is still needed to make people like that realize how valuable bitcoin is today.

Bitcoin is known worldwide even the new generation and the old generation have idea what bitcoin is, and the real value of it. They might heard it at the news, people and in the internet but we all know the complicated situation of trading or investing in bitcoin for beginners. They don't even know the volatile situation of it all they know is that the bitcoin has a huge value. From my experience, I told someone that I gained money thru the help of bitcoin and he responds with "you must be rich right now" then I concluded that even people who have zero knowledge about bitcoin they still know the worth of it. Even me I rather choose 100$ knowing the fact that bitcoin value more because I don't know how to convert it to fiat money which I think a hassle.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: MusaPk on March 17, 2023, 12:59:15 PM
I also heard that they have also heard about bitcoin before, but they don't know anything other than that. However, the introduction of bitcoin is now widespread, and most people already know what the real price is but probably don't know how to use it. However, education is still needed to make people like that realize how valuable bitcoin is today.

Bitcoin is gaining popularity but still there is large number of people that are yet to be introduced to bitcoin. The question posted by OP just confirm this thing that there are people who are absolutely ignorant about bitcoin. If you ask anyone here on this forum that 100$ or bitcoin then majority will opt for bitcoin. Its because majority fully understand bitcoin. Those who don't know bitcoin think that fiat is the gold.


Title: Re: More Awareness needed, 100$ or Bitcoin???
Post by: Artem Sereda on March 27, 2023, 09:09:22 AM
I remember seeing similar videos where people were offered an ounce of gold or a chocolate bar, and some people took the chocolate bar.
Never underestimate the stupidity of the general population.   ???
The problem here is not stupidity. Financial illiteracy is not the same as stupidity. Well, most people just don't know what to do with gold.