Bitcoin Forum

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. :( :( Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?

I think they haven't fully understand how this Bitcoin works and that some people know it may invested their time to learn it. Some are they share what they learn about bitcoin, not only bitcoin but different coins also. Some people invested their time learning and these people are interested about what are cryptos are.

I don't think there is a problem there. It's just better if these coins get their attention and try to study this type of coin.

The people from developed countries will come to know about the technologies and implementation of technology was faster in developed countries.So we can’t blame on this things,when you come to know about the technology,you should get into that technology immediately.Because every time delay leads to backward in development.So if you come to know about any technology including cryptocurrencies.You can hold some of your assets in the crypto market itself,because in few years it will give you huge profits.The developing countries had huge opportunities that will be spread from the developed countries.Most of the time,educated people get to know of technologies.If you are here before 2017,you had know about the cryptocurrency in advanced.The reason for less knowledge spread of crypto currencies in many countries due to less amount of literate people.

Education is provided with compliance to government’s policies and rules and regulations. You should be shocked to know that, in many countries Bitcoins aren’t legalised yet. This is the main reason that why Bitcoins aren’t taught correctly to the people. We can’t blame the government also, as government likes to control and regulate all the assets, but Bitcoin’s decentralised nature prevents Bitcoins to be controlled. A person if wants to learn about Bitcoin, then he can do it through any source. So yes we don’t have proper education on cryptocurrencies, but we can learn if we make our willpower strong.

yet we were told information spreads faster in today/'s technology. what is happening today is that the media and influencers are not on board to benefit what Bitcoin is offering. before the adoption of the technology, there are groups who are blocking BTC adoption and they are up to stop it. although BTC is out in the open already, the government all around the world are also up to stop it.

the whitepaper of BTC i think is already a proper way to learn about it. and there are legitimate people who are really spreading the word about BTC on every video sharing sites.

Time will solve this problem.

Most of the time, even who learned about Bitcoin has a lot of misconceptions.  This will only be solved slowly in time.  Newborns of today will learn faster.  To us this is new technology so we have a harder time learning.

I do not think there are other solutions.  We try to solve this issue here but even Bitcoin Talk is filled with users with misconceptions.

The fact that some people think that they need to learn everything about Bitcoin before they can invest in Bitcoin is actually limiting a lot of people.
Having misconceptions about Bitcoin is something that you'll find everywhere since in most country we don't have dedicated systems or subject that teaches about Bitcoin so we all try to learn about Bitcoin ourselves and during that process, we came across some information that wasn't correct, and that information was spread to several other people who as well continue the spread.

I'm also guilty of being fed a lot of misconceptions and lies about Bitcoin before entering this forum.


As long we still have false information continuously being spread across several platforms on the internet and also physically it will be sloe to impossible to eliminate bitcoins misconceptions. But with constant awareness creation and more people trying to correct those misconceptions we might be able to see a positive effect.
But note that as long as we have anti-bitcoiners on the internet misconceptions will continue to be developed.

Bitcoin doesn't really have a proper education in a lot of countries so it just depends on people's experience, and what they think about it, or could also be from gossip.

I think the best way is to promote and adopt Bitcoin, the more we promote Bitcoin the more people because curious about it and if we start to adopt Bitcoin a lot of people will be interested in using Bitcoin as well. If that happened they will have their own research about it, if they have a bad perception of Bitcoin it might change in the long run if they started using Bitcoin.

This is only your opinion, it isn’t facts and should not be stated as such. Learn to add “I think” or “in my opinion” when discussing such things. After reading the topic, I can say OP does not have a good understanding of bitcoin, bitcoin isn’t a platform for people to invest. I think bitcoin is popular in developing countries because of the poor economy, the people there are more open to new alternatives that can help them stay ahead of the inflation rates.
The stats from chainalysis.com show that there is an increasingly high bitcoin adoption in Nigeria, Venezuela, Ghana, Kenya, Vietnam, and other developing countries.

https://i.ibb.co/JqRbTjx/2-A4-FD055-3693-4-A15-BC53-C26-AA301-CAA4.jpg (https://ibb.co/C65XyKJ)

https://blog.chainalysis.com/reports/2021-global-crypto-adoption-index/

What is the urgency of teaching Bitcoin to the masses? Since you mention third-world countries, does Bitcoin comprehension are better than basic subjects like, reading, writing, and arithmetic?

Specifically to those who have misconceptions, someone better to let them know, and fight it if it goes into FUD, like those who advocate Bitcoin switching to PoS. Also, still in the context of third-world countries, don't you think the ones who misconception are also lacking a good education? My point is, essential education subjects are still lacking in many parts of the world, go around looking at PISA or OECD, so Bitcoin is out of the option when we talk about education urgencies.

Education material has been available on the world wide web for a while now. It's just that most people decide to just follow some YouTube pump-and-dump influencer's advice rather than actually learning the ropes of this industry. Same thing with investing in general(stocks, etc).

This is more likely a personal problem rather than a society problem. There are various guides on the internet available and if you think it's not enough, then you aren't supposed to be in this industry. It's like me not searching for how to play guitar and then calling out that it's a difficult intrusment to play without any guidance available worldwide.

I respect your personal opinion however you are challenging a fact in this thread. Even a simple ChatGPT prompt: "Hi, list me 10 best resources for understanding Bitcoin" will be more than enough.

Here you go with 5 of them as of now:

1. Bitcoin.org: The official website of Bitcoin, containing the white paper, documentation, and other resources for understanding Bitcoin.
2. The Bitcoin Standard by Saifedean Ammous: A popular book that explores the economic principles behind Bitcoin and its potential as a currency.
3. The Internet of Money by Andreas Antonopoulos: A collection of talks by Bitcoin expert Andreas Antonopoulos that explores the potential of Bitcoin and blockchain technology.
4. Bitcoin Wiki: A comprehensive resource for understanding the technical details of Bitcoin and its underlying technology, blockchain.
5. The Bitcoin Podcast: A weekly podcast that covers news, developments, and discussions related to Bitcoin and cryptocurrency.

Hope it's good enough for you.

It is interesting that you start with the theory that very few people really understand Bitcoin, and then you show that you yourself did not understand Bitcoin very well because you call it an investment platform. or I misinterpreted you, in that case, I apologize.


This is not true, since there are countries outside these zones that have very advanced Bitcoin communities. Nigeria for example. In fact, there is still a relatively small number of Bitcoin supporters, the most common reason is state regulations that make it difficult or impossible to implement and use cryptocurrencies.
In 3rd countries, the reason for this is that with the use of cryptocurrencies, people would have a greater degree of financial freedom, and this would complicate the management of the state.

The problem is the education but the leaders with their policies, if the leaders adopt bitcoin and also accept not to be taught in the education system then things will be easy for the upcoming generation to understand. Even as that you can still gather some faithful ones to be teaching if only they are ready to learn.

Let me start from the family level, if there are five members in the family, it will be one or two that would fully understand bitcoin and Invest on it all the rest would be passerby on bitcoin. That also applied to the larger society.

I guess one of the greatest reasons why people aren't familiar with Bitcoin is because they aren't familiar with technology and no one is having misconceptions here.
At some point, you have to understand that Bitcoin serves different purposes and most persons have their purpose for owning Bitcoin which might be totally different from that of the other person that doesn't mean because he isn't doing what the next person is doing with his coin, his then having a misconceptions.
Another chance Bitcoin is facing is it's ban in most countries because I know that at some points, if Bitcoin is accepted in a country, it also increases its chances of getting widely accepted in such a country.

This could be a proven fact if this happen to be posted in Bitcoin's earlier years.  People are getting the hang of what Bitcoin is.  With many online courses and lots of articles that talk about Bitcoin, I believe people who understand Bitcoin aren't that few anymore.

 

I do not think that it is the misconception that prevents people from investing to Bitcoin but the lack of extra funds to buy Bitcoin.  As a matter of fact, I think the majority of Bitcoin investors are swayed by misconception, the reason why many of these so-called misguided investors suffered losses.


People's life and nation's economy will go on and continue to strive with or without Bitcoin, so I do not think that it is not a big deal if a person doesn't involve themselves in cryptocurrency.


If we wanted Bitcoin to promulgate, the only solution is to promote Bitcoin, encourage the government to accept Bitcoin and authorize the use of Bitcoin legally.  Adoption is always faster when the government is involved.

What is the actual problem you're trying to address? It's unrealistic to expect widespread knowledge about Bitcoin when a majority of people haven't even heard of it. The only solution would be for governments to push for widespread adoption, but this is unlikely to happen on a large scale. In contrast, if you were to visit El Salvador, you would find that about 90% of the population is familiar with Bitcoin, even if they don't use it. However, in other countries, I doubt that even 10% of the population is aware of Bitcoin.

Exactly like you said there's nowhere in the world including the early industrialized world that understood what bitcoin is and what it's trying to solve, but it's simple to explain.  In the richer world "Europe/North America/Australia" there is no need to look for other financial methods because people are all right.  While unfortunately in very poor countries there is a low illiteracy rate, therefore they do not have enough possibilities to understand.  Those countries remain where there is oppression given by the government or by dictatorships and those countries will be the first to silently adopt bitcoin.  You see the problem resolves itself when the need arises.

We dont need literally an education on learning up Bitcoin because every information or things that you would be needing is already available or could be seen online which means that the thing you do only need is
to have that effort on reading or researching things up so thatyou would be able to know or if you are really that serious on learning it.Its true that worldwide adoption or recognition is still small
and something that huge part or percentage isnt still aware of its existence but well lets not be rushing up things on how it should be because popularity isnt something that moving backwards.
We are really be having that movement forward since it is really that creating some noise as years going ahead.

Information is essential today, and without a proper means of disseminating this information, less informed countries, such as third-world countries that have yet to fully adopt and utilize technology, will never receive it correctly. Bitcoin is a new technology in the world today; it is still in its early stages of adoption; third-world countries missing out on it now is not a problem, but it will eventually reach and be adopted there as well.


This has to do with the illiteracy level in your country. Having such a large percentage of people in your country haven not heard about bitcoin is surprisingly. Maybe the technology in your country is still in its infancy age and your people don’t really want to get involved.

I think the availability of technology and the internet solves alot of these problems, take for example my country here many people like you said have misconception towards the adoption of bitcoin but everyday the massive spread of the how bitcoin can be beneficial to people is spreading everyday and this awareness is causing massive curiousity in folks willing to find out more to this wonderful innovation and the only way this can be done is through the internet,  although there are slot misinformation in the internet but one can still get a fair share of vital information on the technology through the internet.

Some people infact 80%90% haven't even heard about bitcoin, because we don’t have proper education on cryptocurrency, let the  leaders with their policies, if the leaders adopt bitcoin and also accept bitcoin to be taught in the education system then things will be easy for the people to know and  to understand bitcoin and know the value of bitcoin. Or  to promote and adopt Bitcoin, the more we promote Bitcoin the more people will understand, because curious about it and if we start to adopt Bitcoin a lot of people will be interested in using Bitcoin as well.

[quote author=halim50_ link=topic=5448415.msg62073784#msg62073784 date=1681227372]
Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. :( :( Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?
[/quote]

But I don't think that is a draw back though, for sure some of us here in the beginning don't have a clue on what Bitcoin is, at least in my case. I've known or cross path about it years ago, but didn't take the full time to learn it until 2017. I'm not sure what misconceptions you are talking about illicit activities, this is just one report from Europol,


https://www.europol.europa.eu/cms/sites/default/files/documents/Europol%20Spotlight%20-%20Cryptocurrencies%20-%20Tracing%20the%20evolution%20of%20criminal%20finances.pdf

On the contrary, if we are talking about 3rd world countries, I may have to disagree with you, as you can see in another report, The 2022 Global Crypto Adoption Index Top 20, most of them are either developing or underdeveloped countries.

[img width=420]https://talkimg.com/images/2023/05/16/blob6c634963aafd61f8.png[/img]

Source (https://blog.chainalysis.com/reports/2022-global-crypto-adoption-index/)

There's no reason for anyone who slightly understands Bitcoin not to invest in it and I don't see the misconception part as the reason behind it because misinformation is in the market right from the beginning due to some incompetent blog article writer, Youtuber, influencers, etc. The major reason why some crypto investors don't invest in Bitcoin is always investors who are after market hype, the high cost of obtaining a whole BTC, and lack of knowledge.

The way to solve this problem starts with someone like you who's already into Bitcoin. How you share your knowledge with them and your government's stance toward BTC.

Why do you think like that? Do you think people from other region lack of knowledge just because you don't have proper education? Stop thinking like that people nowadays have many resources to gain knowledge for free. This forum is one of the free platforms where you can have enough proper knowledge about cryptocurrency.

I’m not sure what kind of solution you want. All information about bitcoin is public and can be found on the internet for free. There’s no excuse not to have heard of bitcoin in 2023, unless you do not have the internet or a mobile phone, nowadays even in the most rural parts you can find internet connection. I think the challenges facing bitcoin adoption in rural communities are digital illiteracy and poverty; digital illiteracy is a major problem because even though the information is available you have to understand how to access it, and poverty kills the interest in bitcoin because they cannot afford to invest their savings in bitcoin.

Most countries do not openly promote bitcoin and each of us had to learn about bitcoin on our own and that is why we are here, if people were as enthusiastic about learning about it as you make them out to be then what is stopping them from doing a quick internet search and learn more about bitcoin? After all it is not as if the information surrounding bitcoin is a secret or anything, so if there is a high percentage of people on your country which are not familiar with bitcoin, then that is their choice and there is no problem to solve.

You don't need to stress yourself out by looking at that percentage and try to be a hero to reduce that and make everyone know about bitcoin. But if you really want to reduce that number and increase the adoption in your country. You can do some free advocacy like being active on your social media in your local area and then create informational videos that are explaining what's bitcoin and the basics of it. Point out also why people dislike it and that's because they probably haven't heard it yet. As in just feed the necessary and important details as if you're talking to someone that has no idea of what bitcoin is.

You don't need to be discouraged by the fact that there are still many people who don't know Bitcoin in your country OP. I think Bitcoin is still very young and there are still many pros and cons to Bitcoin which causes a lot of doubts.
Actually we don't need to complain, what we have to do is multiply and deepen our knowledge about cryptocurrencies and focus on our activities in Bitcoin to get our own success that we achieve from Bitcoin.
If you are successful with your activities in Bitcoin then naturally the people around you will ask how you did it and finally they start to get interested in getting to know Bitcoin.
I think to solve the problem of people who don't know or don't want to know Bitcoin efficiently is to give them concrete evidence of success in ourselves.
With that, other people will be easily moved and triggered by themselves and will start to be interested in getting to know Bitcoin because they see real evidence of the success we have achieved.

Because Bitcoin is a new product, that definitely requires much time to understand by people even he is smart one, I've experienced argued with my friend which I think is enough genius in lessons but still not understand with Bitcoin system where don't have a physical form. he thinks that bitcoin is just a fantasy by people who don't like the current payment system, so it makes new things which hasn't been tested.

so I think it's reasonable if you feel 80-90% of the population are not familiar with Bitcoin, because it is difficult to change the perspective of others. so there is no way, only time it will change by itself.

I don't think you're wrong but you're not absolutely correct as well because those third world countries you think don't understand bitcoin than the Europeans or Americans might actually do. This people are the ones using Bitcoin for it's purpose which is decentralized transactions.

But the Europeans are so dip into centralization that most of the platform they're using or allowed to use are centralized Example, from the exchanges to the wallets. Educating people about Bitcoin doesn't have to be focused on just one continents because you think they need it more.

We all need Bitcoin and that's why bitcoin is the only voice of the people, it who be used as a means to protect the over centralization of our world. We don't have privacy anymore and that's an issue as the governments can now monitor all our conversation from the apps in our phone.

An adage says "where there is will, there is a way" If you are wiling, you can start the movement of creating awareness of bitcoin in your locality no matter how small it is, you can be able to start up something. You can do that by educating and enlightening  your people more on bitcoin before thinking of adoption because arousing their interest creates a room for curiosity which eventually leads to adoption of bitcoin but all this would take you time as it is supposed.

Regardless of what you thought that majority doesn't have a proper understanding of bitcoin, it will still continue to grow and flourish. As others posted numbers already, it might take some time for the global adoption, but at least we are slowly getting there.

Many 3rd world countries are into bitcoin or at least crypto, except for authoritarian government.

So you don't have to worry, sooner or later we will be at point that those who are late in the party will regret their decision not to get early in bitcoin or if they know bitcoin and ignore it because they think it's a scam or just for criminals, that's not our fault.

It is correct that Bitcoin is a very complex method of payment which is not easy to understand, if you don't have background of IT technology and Finance, there are many people around the world, in particular in developing countries where people hardly know anything about it and those who have little idea about it, they also have misconception about it. In simple words, it can be seen as marriage of IT technology and finance. It has created new way of approaching financial transactions as well as, it has potential to completely transform the current system of payment.

I think social media is the best platform to create awareness about Bitcoin.

Third world countries are dominated with poor people, low knowledge or not really update with the current technology. With that, you know right why many third world countries doesn't invest in Bitcoin? it's because a poor people can't buy Bitcoin, people with low knowledge will not understand Bitcoin and their old technology still not recognize Bitcoin which is new as a decentralized currency.

If there's no proper education about Bitcoin in your country, why you not become the first person who introduce and teach everyone about Bitcoin?

Thank you sir for correcting me.
I made a guess from various media coverage And I can understand from your reply that it was wrong.
sorry for my misconception

---

Sir, you are absolutely right about me.

I didn't have a proper understanding of Bitcoin. But thanks to this post and your support, my misconceptions are gone.
I am very very thankful to you guys.

This is not true, Africa as a big continent has many Bitcoin supporters, take a look on Nigeria, there are now so many youths buying crypto and Bitcoin, compared to four years ago when many are scared that Bitcoin could be a scam, today it's way better, like the stuff of Night and Day.

No one has a proper understanding of anything until they learn about that thing, is there anything you have a proper understanding of without being taught or going on practical lessons? Let's stop making Bitcoin look complicated please, because it's really not.

With your smartphone and the internet, you will easily find answers about Bitcoin, even if this forum doesn't exist.

you don't solve this problem because this is a world act to make it happen ,  education in bitcoin needs to be spread by whom> then in this  our help will be counted because the more we let people understand bitcoin is the more they can become properly understanding.

don't worry mate , even in my country there might be more who knows about bitcoin but the sad part? is they knew this negatively and not the good side.

Bitcoin has spread not only in Europe and America but all over the world. People now know enough about Bitcoin. And you said people in regions other than Europe and America have misconceptions about Bitcoin. This is not the case.

There are many countries where Bitcoin and other digital currencies are completely illegal. And even if people in those countries practice Bitcoin, it is very secretive. Because it is completely illegal in their country, the government can arrest him if he talks too much about illegal currency.  

You may have read this news that a few years ago a Bitcoin bank was established in India to deal only in Bitcoins. If people had no idea about Bitcoin except Europe and America then the Indian Government would not have taken such a decision.
And there are many people in Asia who are directly involved in cryptocurrency and have a good understanding of Bitcoin and other digital currencies.
Investing requires not only an understanding of Bitcoin but also a risk appetite and invested money. There are many people who have enough knowledge about investment but they are not able to hire investment due to lack of money so you assume they have no idea about Bitcoin?

If digital currency is illegal in your country and if your country has relatively high population then 10% of people know about Bitcoin is enough. And 10% seems like you, but if all those who are directly involved with Bitcoin come forward, I think the number of people in your country who know about Bitcoin will increase.
People's interest in knowing about Bitcoin has increased a lot. People are now trying to know about Bitcoin and day by day the number of people who know about crypto currency is increasing. If the governments of other continents like Europe and America accept Bitcoin and make positive comments about Bitcoin, then the popularity of Bitcoin will increase.

OP, what's wrong with your logic? Let's go back to your posts from just a month ago.;D


Based on this, can I assume that people who have a "bad brain" are those who cannot understand Bitcoin?


It is here on the forum that I see so many people from the Third World, as you put it, who are very good, and some are studying diligently and already know about Bitcoin. Therefore, it is difficult to talk about countries. The Internet is available everywhere; among us, there are people who came to the forum with only mobile phones, without computers or laptops. Information about Bitcoin is available to everyone and everywhere, but the interests of people cannot converge on only one, hence the differences in opinion.
Start with yourself; if you know something, and if there is a desire to inform others, act!

PS:
By the way, you can spread information about Bitcoin from all your accounts, do not be shy. ;D

https://bitcointalk.org/index.php?topic=5432453.msg61645393#msg61645393

Governments are the ones who are fixing the curriculum to different schools.

Unfortunately, schools will not teach us anything about money, or even in investing in general because Governments simply don't want to. I'm not saying all, but most especially here in our country where they aren't teaching those kids about money, and investing, so why teach Bitcoin. Another reason that I know is that, only a few people know the basics of Bitcoin, and on that few people who know it, only few are willing to teach it to other people.

You said third-world countries, and I'm from a third-world country, and I will say that I will agree with you. I don't know the exact percentage of people who knows Bitcoin here in our country, but I'm predicting that it's less than 10% or even 5% which is kind of saddening TBH.

2 ways that I think will work:
1. Governments will implement Bitcoin in the curriculum on both secondary, and tertiary. I don't know if this will happen, but I think it will work.
2. Social media. Right now, social media has been our source of information for years. We've seen numerous videos with regards to Bitcoin and cryptocurrency in general on different platforms especially on Youtube. The problem is that, most of the people prefer spending their time watching entertaining videos than educational videos.

For solving this problem, running various campaigns to create more bitcoin or cryptocurrency related awareness among people. Moreover, when the price of Bitcoin will give a little pump, then control yourself. 80 to 90 percent is actually less than that, there are many third world countries in the world where this figure is still 95%+. But I definitely think that as the use or property of Bitcoin increases, so will the benefits of the coin

If you can educate people on bitcoin, you can educate people on anything. It is the most difficult problem we are facing for multiple decades. There are many people in many countries that can't do basic math... How can you expect these people to understand bitcoin? Educating people is a very hard task. I think what you are asking is pretty damn impossible. Most people who deal with bitcoin are only after easy money. They don't even want to be educated. You can't educate a person that don't want to be educated. All they understand is moon lambo dope weed hookers and coke. You are not even talking the same language with those people.

Haha, nailed it, buddy! The Bitcoin scene can be one wild ride, and loads of folks don't have a clue what's going on. But chill, you're not flying solo. Even us Westerners are still trying to crack the code. Remember, Rome didn't pop up overnight, and neither did Bitcoin. New tech takes time to settle in, especially when we're talking about places where digital finance know-how is still growing.

But hey, you're already part of the Bitcoin family. We're like a big, happy family, with members from all corners of the Internet. Sound fun? Some people might be a little bit strange. But yeah, we are truly living in the Bitcoin nation. A borderless country

When it comes to sharing the Bitcoin lowdown, you're the main act. You're out there, enlightening the people about this earth-shaking technological wonder.

Keep that chin up, stay curious, and before you know it, the whole planet will be on the Bitcoin train. And who knows, maybe we'll all be rolling in crypto millions, cruising on private yachts, and popping bubbly. Dream big, right?

I think that it depends on every country's economic status, since average to poor countries are having a hard time to access great technologies, while rich countries can easily access great technology and mostly when it comes to development, they are always the first to have them. It is not that everyone is not knowledgeable or learning in purpose, but it depends on how they manage their resources around. If they have a choice of course they will choose to learn more to earn more. That aside, they can also have access to great facilities not only in technology but also in health care services and opportunities.

I don't think it was a big deal because I know that not all are wanted to listen and are willing to learn about Bitcoin but rather keep believing on the FUDs and wrong information that they get from social media.
IF and IF all of us are open-minded and are willing to learn new things and innovations, it is probably most of us now are using and buying Bitcoin already. Unfortunately, even having financial literacy is hard to find for many people, I can imagine that was harder to educate these people about Bitcoin and cryptocurrency.

Bitcoin doesn't need everyone to know and use it. It's an opportunity, and those who get it should best take advantage of it. What better thing to do is know how many bitcoins you already own, and your loved ones already know, and also use bitcoins? As long as you do those simple things, you will find that bitcoin has become much more popular than you think. Don't think about things that are out of your reach, instead, if you really want bitcoin to become popular, educate your family first.

Your point is valid that developing nations find it hard to adapt technology as most of them  are in economic crisis since 2022 when crude oil prices skyrocketed and made it difficult for government to maintain basic services the people.But still, it remains crucial for them to prioritize allocating their financial resources towards education and acquiring new technologies because that is the only way to adapt to fast developments of technologies and innovations and to create job opportunities for the people, leading to financial stability in the long run.

I think the only answer is time. Give people time to reconsider what Bitcoin really means. It's going to take years before most people start understanding it.

Areas where majority of people are not familiar with Bitcoin is caused by the government. Bitcoin can always go far and get known to people but in some countries Bitcoin is restricted and because of this no awareness,  it is only few people who know about it. Most government where Bitcoin is restricted world not want people to know about bitcoin because they think if Bitcoin should be accept it will be a problem to the fiat , this is just the fear of the government.

To boost that number of people, you need a working TV advertisement which we know that cost a lot. So the only thing you can do is promote and spread it in your hometown by making small classes each day of the week and making a seminar like Bitcoin awareness every month. In order to do that, you need at least 20 persons in your team that is dedicated as you and also know how to answer basic questions from the attendees. From this, you can make a huge group that will gonna spread it until you reach the maximum amount of people to know bitcoins and also the crypto industry as well.

But not everyone wants to know bitcoin because they don't want to accept new things that can change their life. And that's why, even if they get the right information about bitcoin, they may not want to own bitcoin, even in small amounts. When we already know bitcoin and are involved in it, we can try to own it and teach it to the people around us. Of course, bitcoin is only for people who want to accept it, while for others, we don't force them to use bitcoin. And let them get their information from somewhere else they might prefer.

This is a recurring theme in the discussion that mutates in its context, in short, it is a myth to believe that a course is required to know what Bitcoin is and then use it as a payment method, bitcoin.

On the other hand,  I have mentioned it before, the access to ATMs is a struggle in access to this type of technology and we are talking about Fiat.  Yes, there are organizations in the world that want people from certain poor countries to have access to cash through an ATM.

If you compare it with bitcoin, having that access in the equivalence depends on you and therefore for that you only need to want to use it.
_____
Obviously Bitcoin requires information and education as required by any area of ​​life, but there are users wanting to stigmatize that Bitcoin requires extensive studies, advanced courses, then it is an opinion matrix that in itself harms that uptake in its use.

 So it is something that comes intrinsic as users of any service, learning and getting information.

It isn't only because of lack of Bitcoin education, but because of lack of education in general. A very large population of every third-world country is in the lower middle-class category that mostly doesn't have good devices or barely has access to good internet connections, and we all know that Bitcoin cannot be learned or used without both of these things.

People from Europe or America have proper education and all other facilities as well which makes them way ahead for things that are only available online, sometimes, even things that are also available in real life tend to reach third-world countries very late.

as this kind of situation is not our control, just assist others as much as you can if someone approaches you regarding crypto. we can only do so much, so don't worry too much about this. they have their own time of understanding things. don't underestimate the power of word of mouth. if they don't have the gadgets or tools, someone may inform them about this market. there's no hurry in learning new things especially if they don't have the facilities for it.

It wont really be that costing too much time and effort on telling someone on what they should gonna do.Also, most information could really be researched up online without the need on extreme effort
on leading them the way on learning about Bitcoin or crypto as a whole. Information could be read up with just few researches but of course it would be not bad on telling them about false information
which it might led to misdirection.

Its true that as long you could be able to assist then go ahead and continue.We do need that adoption and recognition which it is really just that right on teaching up others
even if its just on the simplest way.

I often wonder why they do not teach money in schools, we pay so much money in tuition fees to learn how to be good worker for someone else. The school system does not encourage free thinkers, and bitcoiners are people who are free spirited and like to question the system. I don’t think bitcoin will be taught in schools, if it does happens, the information will be very limited to digital currencies and not specifically bitcoin.


I’m also from a third-world country, and I can say in Nigeria bitcoin is a household name, I’m not saying everyone in Nigeria knows how bitcoin works but I know bitcoin is very popular here from the big cities down to the villages.

They do teach money in the school but it does not focus on it.  In the higher education, there is a course that focuses on finance and financial system.  So it is incorrect to say that they don't teach money in schools.  Actually schools teach almost everything.  But most of us are too blind to see those unattractive course offers and set our eyes on popular one.  Aside from that education also offers specialization, Masterals and PhD depending on the specialization we take.

Remember education is a business to some people, and they will offer anything that relates to learning.


I am also from a  third world country and I can say, Bitcoin is pretty popular here especially when Axie infinity got popular, many who does not know Bitcoin became familiar of it.

Perhaps, Bitcoin can easily be understood how it works if we wanted to spend time learning about it. Because so many resources that we can find online and the only thing we do is allocate time for this but what people do is keep ignoring and making their life busy into useless stuff. That is why I could say that it was hard to educate someone if he/she has no interest as well. And even if it was been taught in school, I still don't think if it works for them as they will just listen but not learning.

This may also be influenced by how we view Bitcoin. sometimes, even though we have a lot of knowledge and are highly educated but don't accept Bitcoin, whatever is conveyed regarding Bitcoin, will definitely not be well received. In fact, they will increasingly think wrongly of Bitcoin. But if they accept Bitcoin, regardless of their educational background, they will accept and open their minds about Bitcoin. It's such a simple thing, but people may have certain restrictions on things

Ofcourse there won't be simply because there are no professionals specified in this industry. All people are learners from this technology which is still under development. There are books and articles to be read but those are just historical details and nothing more. I am hearing and seeing news that Bitcoin is being taught as a course to some countries which for me is quite not clear given that acceptance of this technology is not even yet resolved. It is okay to share your knowledge about it. It is fine to know that students are curious about this industry. But isn't it too far to make it an academic course? If it is just a pop up topic or subject, that would be easily considered.

If Bitcoin is now taught in school,then it would have been one of the best news I've heard this year.In my locality,the way people see Bitcoin is different from the way they see at at other places,it is seen here as a scam,and despite how you try to introduce it to them or teach them,they are still very adamant that it is not what they can give a try to.I love the fact that it is now offered as a course in the university in some places now,because as far as I'm concerned,I've not heard from anyone say that bitcoin is now offered as a course in school

If the news are to be true,then I think the world is begining to see how important bitcoin is,and I also think with time they will do something that every one will see as a welcome development.

Our world is evolving, and things take time, you can't expect everyone to be like you. In my country, the internet and computers have only become widely used in recent years, and we have a majority of the older generation, mostly farmers and uneducated. Getting used to the Internet is also difficult, and it took us some time to get used to it, so it is difficult for people to know about more complex things like bitcoin in a short time. Although many people still don't know about bitcoin, that doesn't mean it hasn't evolved. We need time to be widely adopted, there is no need to rush.

It is not an easy task to inform the old generation people about Bitcoin because in my country there are still a huge number of people who do not use smartphones. they will learn how to use computers and understand Bitcoin. But the current generation is very smart so it is very easy to inform people of this generation about Bitcoin.  So it can be predicted that in the next 10-12 years the number of Bitcoin users will reach about 70% of each country. And Bitcoin can also be an international payment medium like USD

In this context, I think it is very important to explore potential solutions to this problem and understand how increased education and awareness can pave the way for wider adoption. Admittedly the lack of awareness and education about Bitcoin is indeed a significant challenge to its adoption, especially in third world countries. However, there are several ways to solve this problem.

First, governments and educational institutions can offer training programs and awareness campaigns about the benefits of Bitcoin and how to use it safely. Additionally, Bitcoin businesses can provide educational resources to their customers, such as tutorials and online courses
.
Another effective way to raise awareness is through social media and other digital channels. By leveraging this platform, advocates can create interesting content explaining the benefits of Bitcoin and how to use it.

One more thing, in my opinion, is that there is an initiative from the parties to create a community outreach program that can also help
raise awareness, especially in areas with limited access to digital technology.

Efforts are underway to educate people about cryptocurrency and make it more accessible and user-friendly, but it will require a long-term effort and collaboration from various stakeholders, including governments, financial institutions, and the cryptocurrency community.

Reading books and articles inother to gain knowledge of the space is amazing, because that's a bold step that one have already taken inother to get paid online and also in a legit way. Countries that have clear view of the purpose of bitcoin and cryptocurrency have started implementing active crypto related courses in the school curriculum and the students are persuaded to learn more about the project. It's a good news for them because they will grow to keep enchancement of crypto market and knows the spot to trade Bitcoin.

You don't need to understand the technology behind the operation of Bitcoin to appreciate its utility. You need an open mind. You need to realise that it is not a tool for the use of criminals, but a new method to exchange a real asset. You also need to understand that, although it is a virtual asset, it is also a hard asset. In fact it is more of a hard asset than owning property in England. Most people can't comprehend that. To realise the truth in my statement, just think what would happen if you built a house on "your" land without government permission.If the government wants your land for a road or a rail track, then it will just take it, and offer you below market compensation if you are lucky. So in reality in the modern world, owning a house is just owning a virtual asset - the government issued title to occupy the house, and not the physical building. Of course, I haven't mentioned fiat currencies, the biggest scam of all the virtual assets.

They should be able to understand how bitcoins work in a short time, especially if they are just curious about buying and selling bitcoins, where they can do it, and what they need to prepare. It won't take long and they can already use it. They can learn more in their free time to get a lot of information about bitcoin. Maybe we just have to wait for their reactions about bitcoin and if they have any further questions about bitcoin, then we'll explain. Using bitcoin is a personal will and we should not force it.

I think it's the same thing with traditional trading, you don't learn about it in school, you have to seek it out yourself if you want to learn it and I think that it should be that way so the likeliness of people failing in this endeavor is low and at the same time not make a monopoly of full time traders, pretty sure that trading isn't an essential skill in life so I don't think you have to worry about the lack of education that's bitcoin oriented, much better to let the spirit of wonder flourish than give everything in sa silver platter.

Just because Bitcoin is great for us, doesn't mean it will be great for everyone. Many people are still living very well without bitcoin, especially the government, so they will have a reason not to know and use bitcoin. Besides, bitcoin is still so new compared to other traditional assets that it is understandable for people to have a hard time accepting it because everything takes time. In my area, many people still don't know about bitcoin, and their life is so good, even if they know about it, they won't care about it. We need bitcoin because we need money, but for many people, they already have money left over.

For sure who uses social media and watching new heard about bitcoin but most of it is negative like getting scammed and used in illegal purposes, i think if we spread it in social media as well as in news TV about the good effect of bitcoin people will more understand it and for sure they will research and learn about it. The only way to introduce it to others is tell them thats all but I know that they will also notice it because of its price so they will still eventually try to know it

It's not actually a problem for those who don't see Bitcoin as a must to hold, invest in, or use. Bitcoin may be massively adopted in the future, but that doesn't mean it will replace fiat or traditional investments. We can't deny the fact that Bitcoin and crypto, in general, are high-risk investments.

I think people who plan to invest in crypto need to understand the risks first, as well as the potential profits. Investing in crypto does not guarantee a profit. Although crypto has been around for a while and has brought fortune to some, it doesn't mean it will happen to all of us.

This is somehow the reason why some people lost their interest to pursue what they learn about bitcoin because they think that they might be scam since many scammers use this tool to fool people around. And this is really bad since if they just research about to many schemes like this they will never go in that situation but instead they can get legitimate information about what they are going to and what's the real use case of bitcoin.

Government needs to be more active on social media because we are now on digital era days where many people spends a lot of time on cyberspace and they need to have certain warnings about those possible frauds using bitcoin and other type of cryptocurrency.

it's the same in my country, 80% of people here don't even know about bitcoin even though on facebook - tiktok - Instagram there is a lot of news about it.
Reflecting on El Salvador, why do the majority of the people there understand Bitcoin? that's because the government there supports it and educates everyone there.
but for other countries will this happen (ignorance about Bitcoin) in the future? the answer is no, in the future the community will be more forward-thinking and open and at that time the majority of people will accept Bitcoin. so don't think about it too much, let time run its course, and slowly but surely people will adopt Bitcoin.

The number 80% -90% is a big number, if many don't know bitcoin then this is your chance to understand it and be able to invest in bitcoin. You will be the 10% of people who know bitcoin. Wouldn't that be great, you can spread bitcoin knowledge more widely in your area of ​​residence, you will become a starter for bitcoin knowledge. This is your chance and it's not a big deal, you have to take advantage of it.

Maybe it will suffice you to know that there are a good number of people not just in European and American countries but also in Asia and Africa that have a good knowledge of bitcoin and it's a good start if we're to look at the period of short time bitcoin has existed with the loads of restrictions from centralized authority. The misconception that exists is drawn from misinformation and people mistaking bitcoin for other kinds of online scam schemes that capitalized on their gullibility.

Some of  persons that fall into this percentage aren't privy to information due to their locations in the hinter lands, while some are scared of getting involved based on ugly experience from shady online schemes.
Addition, some persons their religion bars them from making use of anything cryptocurrency as they see it as Haram and these factors pose as a big problem o the wide expected acceptance of bitcoin in most third world. A lots still needs to be done individually.

Due to bitcoin's low adoption rate and some users' unfamiliarity with the technology that goes along with it, there is a lack of proper education on the subject. Before enrolling in a program, some users were not properly educated on bitcoin, and instead of seeking out more information or conducting research, they began spreading misinformation to the general public.
Although I think bitcoin will advance more in the near future than it has so far, we all agree that it is still in the early stages of acceptance.

It is my belief that Bitcoin's popularity will surge, as inherent weaknesses of fiat based currency system are becoming apparent to the general public, in particular during the recent tomes when many banks collapsed in USA, as a result more people are exploring  is compelling alternatives to safeguard value of their hard earned money.In this perspective, Bitcoin adoption will accelerate significantly in coming months and years.

And unfortunately bitcoin only requires that one should be civilized and learned to know about bitcoin. I was first in early time thought that even people that are not educated would understand bitcoin and invest in it. But as time goes on I understood the technicalities of Bitcoin and now realised that one should at least be educated to a certain point in order to adopt bitcoin very well. There are so many people in the third world country who are illiterate and they would find it difficult to own and secure their bitcoin for a long period of time. This is one of the factors that is delaying the global adoption of Bitcoin.

Tha name Satoshi is coming from Japan if I am not which is an Asian country then how can you simply throw people apart drom EU and USA don't know what is bitcoin which isn't acceptable.

Maybe more people invested on bitcoin from that region because they had money to invest but as of now middle class of third world countries are considering bitcoin along with gold for long term investment which shows how much they realised about bitcoin but when we are talking about majority of people nowhere its happening so time will let us know everything.

I believe proper or formal education is not a necessity right now, we can learn as much as we want through our due diligence scrolling all over the internet. Those who succeed in bitcoin were never had proper education on bitcoin, and yet they still managed to survive from its high volatility and now earning high digits from bitcoin. So having no proper education is not a hindrance, if you really want to learn, as long as you have the high interest and determination to learn, learning will always be possible.

It takes a long time to have a normative system for new things to integrate into our lives. but we can see a step forward, more and more countries legalize bitcoin, more and more people start to understand bitcoin.

everything in the world that conceptualize to earning or profiteering needs time to develop and understand as what we can see in this market that took 13 years now yet not adopted and accepted by the world.
and still many people that does not have knowledge or come across .
but this does not mean we must stop here , we need to continue our belief and our trust to gain that more attention and support.
lets assume that in the coming years at least there will be more light?

I don't completely agree with you on this. Sure, there's still a lot of people who don't know much about Bitcoin, but it's not just a Europe-America thing. There are plenty of people in other countries who are well-informed about it too. Maybe much better than us (Hence why, lots of blockchain related industries go offshore to form their company).But yeah, I get your point about the need for better education. Most people rely on the "controlled media" to gain information and we all know how biased the main stream media is. One way to solve this issue is to spread the word ourselves, everything we know, with references and sources. Share information with friends, family, and others in our community. The more we talk about it, the more people will learn and understand, the more people will be interested in crypto currencies.

With due respect I have to say, you have a misconception about me. Sir I am a straggler here and trying to improve myself. Let me tell you a truth whether  accept or not is your personal matter, I have only one account and that is this.

I agree since being educated on something technical like this is a personal choice so it is not surprising to see that majority isn't that educated or even familiar with these things. It is indeed that most of the ones who becomes trader or holder have no proper education since they maximize the potential of technology to be used as a way to learn something.


It would be a long way to go to see an education system that incorporate cryptocurrencies since it isn't even recognised by the government. So, the only way that I think is just to spread your learnings regarding these and let people see the potential of these new technology to them.

You are so right, I didn't even graduate from college. But due to the interest that comes with the effort to find out what bitcoin is, and how it can help me as well as others who enter this industry, I learned and understood bitcoin in various ways, and first which is here this forum platform and second are those on social media platforms such as YouTube.

I also spent more than 1 year before I had a real understanding of Bitcoin and crypto trading to be honest because it was not easy to absorb for me to understand right away. And to this day I am still studying it. The only difference is that Bitcoin is already making a profit for me.

of course ,cryptocurency including bitcoin is new emerging market, that is why entry to enter is not easy, you need to self learn a lot of thing.
but that is also why it have a lot potential, and as long you have understanding you can enter it.
as market become more mature, education will be more comprehensive

I think the best solution to solving what you don't have concrete knowledge about is to study about it. Go through practical examples of those of them involved in it, read the Bitcoin White paper.
A lot of people from the third world countries that are into bitcoin and crypto didn't just stay idle about it, they did their research and investment time and energy into it, before they started making progress.

Perhaps, knowledge is an investment too. If we wanted to know more about Bitcoin, we have to find ways, we don't need to be spooned feed, instead have to spend time on the internet because there are a lot of learning resources now that talk about crypto space, they are just waiting for us.
Because you are living in a third-world country as long as you have the passion and are eager to learn about crypto investment, there is always room for it. It is not the hindrance anyway but what makes us for not doing is because we wanted shortcuts and sadly, it only leads us to nowhere. 

In fact, If everyone could have a free discussion opportunity about Bitcoin then everyone would get a better idea about Bitcoin very easily. Because a lots of people have interest in Bitcoin but they ignore it for the legal complications. This problem exists in most of the countries in the world. However, the positive thing is that despite being so many adverse situation people know about Bitcoin and are willing to invest in bitcoin. Different countries are now planning about Bitcoin adoption. In the meantime El Salvador has officially accepted Bitcoin and more countries are slowly connecting. I think in this way Bitcoin will create acceptance everywhere and people will gain better knowledge about it.

The issue is that the adoption of Bitcoin will mostly depend on how well-educated a population is and how quickly technology is adopted. I don't anticipate many people using Bitcoin in this case because there are numerous nations where the percentage of educated people is relatively low.And secondly, a lot of individuals appear to have little faith in online investments since they believe they are all the same and label them as ponzi scams, which prevents them from paying attention and conducting further investigation.However, I think that over time, more individuals will become aware of Bitcoin.

You're making it look like it's an entire problem of the world but you don't worry about things that you can't control. Look at those people that you've said that the little knowledge they have in bitcoin is also making a misconception towards them. That's where you can't control people's thought and ideas towards bitcoin. It's since the time when it's known on its early days that bitcoin was no good and has no future at all. IMHO, most of the people that have started out knowing bitcoin are the real curious people and they don't depend on others people encouraging words and they're not enticed upon hearing the word about bitcoin. There are ways to solve this but you can't just don't know if those ways are going to be effective and that might be another problem to you and could bring another disappointment, let the adoption be a thing in nature and we'll get to see that good news maybe in a year or two. Because this state that we're enjoying right now was also a thought and thing of the past by most bitcoin people.

Bitcoin market was built because people trusted in Bitcoin. this is not a problem for those in less knowledgeable countries or people who just don't want to learn Bitcoin.
when someone presents an idea regarding Bitcoin to the government. try to see the response. if it turns out well with regulation there will be. I guess that would be great. otherwise, it will be difficult to get access to invest in Bitcoin. including buying Bitcoin with the OP's state fiat.

Those who succeed did a lot of effort to earn in Bitcoin, I knew people who didn't sleep when they monitor the price of Bitcoin before in early 2017, some take watching YouTube studies seriously and others take time to read here in forum. It's a self progress and study on how we will be able to earn in crypto. We must know how much we can risk and UpTo when we can hold into it as the price is too volatile. We will be the one who will decide when to buy and sell so we must find way to know it even in our own research.

People will fall for misconceptions if they won’t seek valid information about bitcoin. You know, everything comes easy right now, even on educating yourself, you can just scroll all over the internet and easily find what you are looking for. That’s why even with lack of proper education for bitcoin and cryptocurrency, there are still a good number of people who have succeeded in bitcoin because they learned not just by due diligence in researching, but also by experience.

that is true as most of us don't have formal education in this market. we learn from this market by reading and by experience. there's no overnight success on this market. though few got their lucky streaks but that's not for all.
these days, some younger gen can already acquire their formal education when it comes to crypto and blockchain technology as schools and universities are integrating some related blockchain courses. however, do take note that most forum users have no such formal courses taken and yet they are very capable of delivering such expertise. because we can study this subject on our own and we can enrich our expertise via applying it on our daily crypto related activities.

Nothing is bad when we all rise up to take it our own personal responsibility in teaching others about bitcoin at all cost, this may involves our financial commitment as well as time also, but when we like doing what we want, we make others feels happy by teaching them and seing them doing well in life by the impact from bitcoin adoption, when they invested and have this joy, they will never regret going through the educational process as well, many loose because they lack knowledge on bitcoin in full.

Cryptocurrencies are considered as a niche topic in which not everyone knows about its existence. Though that may be the case, slowly, its reputation is gaining more traction and attention as compared a few years ago. Maybe the reason on why its popularity is increasing is due to the pandemic in which everything became online.

We cannot force anyone to know and learn about cryptocurrencies due to its technicality and complexity. Even if everyone knows about it, still, we still have to convince them about its investment opportunities and I find this more challenging than ever.

Agreed, we need to take responsibility and keep sharing about the goodness about bitcoin. This is how we can spread the goodness of bitcoin. Maybe it is hard to make people believe in it as well as understand. Once they've given a try and experienced the goodness, automatically the same person will share his experience. This is how the spread about bitcoin have happened from its day of existence. Something good will always be shared and there is no need of advertising. Spread through word of mouth is a trusted advertising than a Hero/heroine doing it for money.

Why people might not be familiar with Bitcoin is because they are unfamiliar with the technology. Bitcoin is a digital asset based entirely on blockchain technology, which can be difficult to understand for those without a strong technological or financial background. However, with adequate education and understanding, most people can understand the concepts and benefits of Bitcoin.

Everyone has different goals in buying and owning Bitcoins. Some may buy Bitcoins as a long-term investment, while others may use Bitcoins for payments or other transactions. It is important to understand that Bitcoin has the potential to serve as an efficient and inexpensive global tender, as well as an investment asset with significant profit potential.

However, it is important to remember that Bitcoin is still considered a very risky and speculative asset. Regulations regarding Bitcoin and other crypto assets are still not well established in many countries, and some countries have banned the use and trading of Bitcoins. However, several countries have accepted Bitcoin as legal tender and have introduced regulations that have enabled the growth of the crypto industry. Maybe because of this also why many countries are not familiar with bitcoin as experienced in your country.

That's why it's so important that adequate education and understanding, as well as good risk management, Bitcoin can be an attractive investment option for some people in every country.

maybe in developed countries you could say it's normal if they don't pay too much attention to btc, right' because they are definitely busy with technology.

but in my opinion education about cryptocurrency we should find out because if we don't find out when will we get quality cryptocurrency education.

because for now there are very few schools that teach about crypto.

There's a school that teach about crypto? That's nice, I didn't know that. Cryptocurrency is for everyone but don't just invest or trade without knowing what you investing, you need knowledge about cryptocurrency, how to trade, know the risk and reward and others stuff, If you invest without knowing that you really lose such money, that's bad because you don't know how cryptocurrency works so before everyone enter in crypto world, make sure you research or you have knowledge.

Lol, of course Bitcoin is not educated, Governments still don't know what to do with it. Some ignore it, some try to ban it, some are trying to work with it, and sometimes one country goes through the whole cycle. Crypto is a niche, and it may not go mainstream at all.

Crypto is not for everyone since there are few people don't know how to handle their investments and they can't control their emotions that's why they create wrong decision which cause them a lot of money lose in their hands. For this type of people they need to avoid crypto since this is high risk investment if they think about this is an investment. But for people who can handle the pressure and stress then this might be good for them, they need to be more consistent to get more knowledge then became a more better trader or a investor.

I also really don't like to force someone to adapt something that they do not understand, I only sharing my knowledge that I got from studying and researching to someone who really interested to learn about bitcoin and cryptocurrency. There is also a big misconception when it comes to crypto and bitcoin in my community but I never debate regarding it or straightening their thinking because we should not force them on something that they do not want. One of the problem nowadays is the scammers who are using crypto and bitcoin to deceive a lot of peope and for me it is the reason why the branding of bitcoin is not yet that good for those normal people whose knowledge is not enough. I' really a big believer that proper education not only for the student but also for the adults about what is bitcoin, how it works, its benefits, its technology and many more can straightening their thinking and they will start becoming interested not only to make investment but also to use it in their daily lives. Luckily the social media is becoming more popular and a lot of content creators are now creating topics about BTC that can help to spread its awareness.

Let me announce to you that you're wrong, we cannot assume everyone is wrong and everything they do about bitcoin is also a misconception, we all have a different approach on the way we use bitcoin, how we see it and what we believe it is, but it would have been more convenient for people to learn first and understand about bitcoin because this is why many other countries have been taught about and learnt from, abd bitcoin isn't only adopted in a particular region but across the universe.

If you live in a multilingual society, I think that one of the best ways to teach bitcoin for proper understanding is to
- teach it in the local language: People may understand it more when you pass the knowledge using their local languages which is the medium of communication.
- translate bitcoin resources such as pamphlets, flyers tutorials, and books into the local language and distribute them.
- you may also strike up a partnership deal with Binance or any exchange that is in your country to create awareness. While you have the grass root strategy, they have the resources to reach a wider audience.
If you do this, then you would have solved 50% of the problem of proper bitcoin/ cryptocurrency education.

You are correct that many people still do not understand what bitcoin is and how it works, especially in third world countries. However, there are ways to solve this problem.
The first way is education and information. Many organizations and communities around the world are working to provide people with correct information about Bitcoin and other cryptocurrencies. These efforts can help people better understand what bitcoin is and how to use it.
The second way is to simplify the process of using bitcoin. Some companies and startups are working to make using bitcoin easier and more accessible to people. For example, many bitcoin wallets have a simple and straightforward interface, which can make the process of using bitcoin less intimidating for beginners.
Of course, all these efforts require time and resources, but they can help solve the lack of understanding of bitcoin and expand its use in the world.

I think that the problem will solve itself out in the near future as Bitcoin becomes more and more adopted. Although I would prefer to see it all happen a bit faster, personally.

Right now we are in the early times when people who do self-research on Bitcoin and then invest in Bitcoin are the ones who will be majorly rewarded in the long term before everyone else catches up. The earliest adopters already have proven this. Although back in 2009-2012 Bitcoin was a very niche thing and not everyone had heard of it, so its understandable that not everyone had the chance to know about it.

Nobody will be allowed to make the excuse of why they did not research and invest in 2023, though...

i remember there are already some universities offering blockchain courses, i'm sure they are also going to cover BTC in thier discussions. for now, the ones that has can be relied on was Antonop's book like The Mastering BTC. that's the closest thing to proper education i guess and then reading the whitepaper. one thing that i see is that its not read by the newcomers since we're all up to trading and making money.

He is speaking from his own angle,maybe the place where he is residing,they don't really know about Bitcoin,because from his speech,he sounds so sure that most people of the world don't really know about Bitcoin,and we can just blame him for not been current,because if he was reading,he would know that Bitcoin has really gone viral,and almost every body know about bitcoin.All that is left now is people that have known how Bitcoin works and how good it is will take it to their different localities to tell people about it.It is good to organise seminars at villages,cities,and the different places that are not too developed,so that they will have a chance to also make money.The only issue Bitcoin is facing now is the fact that some person's who don't really know about it see it as scam,If all the persons who see it as scam have a different conception about it,then I can tell you that almost everyone have known about BTC.

People can actually invest if they want to. With all the available resources online and are even free, people can be educated if they have the strong will and eagerness to learn all about bitcoin and how it can be profitable for us. But if they tend to be lazy to do it on their own, well they can’t expect for the government to educate them since bitcoin is still not totally adopted as a legal currency. They have to do the initiative if they don’t want to remain naive and ignorant.

^Let it be, let the word BTC will spread across different countries.
That is right, we don't have proper education but when people heard about BTC and made them confused, they can simply search for it on the internet. It is self-educating about BTC because you also invest with your own risk. I don't think we are still on 80-90 percent, the awareness of BTC has been spread out, considering we are still in the early stage which BTC will lost last enough to adopt more investors. The reason could be, not all have an internet connection.

I had created a thread More Awareness needed, 100$ or Bitcoin??? (https://bitcointalk.org/index.php?topic=5440021.msg61769959#msg61769959) and we had the discussion about a video in which people looked to be westerners were asked a question and the response were into discussion.

It is true that there is not much of awareness experienced around. Whether it is Western nation or other part of the world, everywhere it is almost the same. Some part of every country have got good number of people aware about bitcoin and services/acceptance of bitcoin can be seen accumulated on specific regions. This needs to change and it takes time as the real learning isn't possible in a day.

There is really a lot of ways to make them educated on bitcoin but they should have the due diligence so they can achieve maximum learning in bitcoin. With free internet worldwide, that alone is a big help so that people will stay updated and aware of what is happening all over the world. And when it comes to innovations, people should learn to appreciate than underestimate it, and it will only happen if they become completely educated on bitcoin.

So what do you suggest OP? Tell our governments to enforce mandatory lessons about bitcoin? Governments won't probably do that except El Salvador and the Central African Republic where these 2 countries already legalized bitcoin as a legal currency. The El Salvadorian government has bitcoin investments it is normal for them to include bitcoin in its basic education.

There are curriculums already in some schools that included bitcoin in their technology and finance subjects. And I have this feeling that this will continue to grow with or without government interventions. Bitcoin is becoming that big and it will keep its students ignorant if they are not going to include bitcoin in some of its lessons. But we better not expect this to happen to countries that banned bitcoin.

Definitely it is not a problem. It is depend on the people if they are eager to learn in understanding Bitcoin and other crypto currency. There are a lot of informations available in internet giving free education / awareness on understanding Bitcoin and other crypto currencies. I think it is not misconceptions because getting involve in Bitcoin  you are taking a lot of risk, so some people are being careful before they will invest. There are a lot of testimonials that they had lost so much in investing maybe that is one of the reason why more people do not have guts in investing because they are afraid of loosing their money. 

Why do we need someone who invests in bitcoin? In fact, it is much more important that bitcoin be used more and more in everyday life, so that it can be paid everywhere and received everywhere. To be useful, any money must move. I have nothing against investors, but they are clearly not what bitcoin needs in the first place.

Bitcoin is not been taught in school and so we can say we don't have proper education about this but as we can see, many platform and discussion that it talks particularly about crypto, particularly Bitcoin. I think it was enough for us to say that we are not ignorant about this thing unless we don't have any sense of curiosity about this stuff. Meaning, people are still learning but what makes some of us think negatively about Bitcoin it is because of FUDs and scam issues bringing the name of Bitcoin.

Bitcoin simply know as digital currency that has already created for a period time ago, which many people are gradually adopt it or accept it as a means of payment, which is a going to be circulating as time goes on, in order world about to know bitcoin as long the internet assist, which no one can stopped Bitcoin, which many institution is going add Bitcoin as a subject or course. Because Bitcoin has many function's and also future usage that can help, mostly financial services.

I suppose one of the main reasons why people are unfamiliar with Bitcoin is that they're not comfortable with technology, and there are no misconceptions present in this context.

You must eventually come to grips with the fact that Bitcoin has a variety of uses, and that everyone has a different reason for owning the cryptocurrency. However, just because someone isn't using their coin in the same way as another person doesn't mean they are acting incorrectly.
Since I am aware that at some point, if Bitcoin is allowed in a country, it also enhances its chances of becoming generally accepted in such a country, another risk that Bitcoin is facing is its ban in the majority of countries.

A couple of discussions about spreading education and knowledge about bitcoin has apready been made in the past. I could link them all but it'll take me a whole day to do so. But I could at least give uou a little glimpse at what the discussions in those post has ended up to.

For one, bitcoin is more known now than it was past years ago, so you can at least assume that a good chunk of people, although not having anything about bitcoin, could still have the most basic grasp at what the coin could be, even if it is wrong.

You can bank on that by providing them with incentivised knowledge-based information campaigns.

For starters bitcoins history is all on the internet and accessible to anybody in the world and isn't region locked as you have put it!

Understanding of bitcoin, well lets just a its a gradual  process and most of us just scratch the top and don't get too technical with it.

Why is bitcoin use fixated around Europe-America ???

I actually think bitcoin use is more in these third world countries as its the best  alternative to their failing currencies,  for example  talk about Zimbabwe,  Venezuela, Nigeria(during elections) and several other countries  which have shown more interest  than developed countries who want regulatory frameworks  to help protect their  investments.

Tbh its all individual interest and not country based.

I believe there were few universities out there that teaches something related to blockchain and that might be the nearest education we got in relation to Bitcoin. I believe one was Mays Business School in US that teaches one if I had heard the recent news correctly.

It's better to just be self taught though, since resources out there are free anyway. I don't want to spend hundreds of USD or thousands in PHP on something that I could learn in the internet for free anyway.

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This was the news by the way: One of the largest US colleges has begun teaching students about Bitcoin (https://cointelegraph.com/news/one-of-the-largest-us-colleges-has-begun-teaching-students-about-bitcoin)

It takes time.
Of course, you can start telling your friends about bitcoin, but always explain the basics, I mean blockchain. This is an ingenious technology and you need to know it. It is also necessary to warn about the risks. That you can lose everything.
Later, these friends will tell more friends about bitcoin. Perhaps this is the best.

You are right, it all depends on the learning interests of each individual. But I believe that in most developed countries, their mindset about new innovation is much better than third world countries.

I can say that a lot of people in developed countries would rather have their assets work for them than have them work for the assets, of course it's very different in some third countries. Many people in third countries work for assets, while their assets are immobile or non-productive. Lack of knowledge, lack of interest in learning as well as wrong mindset are some of the very common differences between the two.

Learn from it if you're indeed that interested to know more about it because you don't even have to have somebody who will need to spoon feed you this information because a lot of information regarding bitcoin and cryptocurrencies can now be found on the internet. I believe our only role is to plant those seeds on them and let them know that there's another hope to hedge ourselves against inflation and that there are cryptocurrencies exists now to help make our lives better as long as we know how to utilize it.

Basically Bitcoin provide us financially freedom which government didn't want because through which they will lose his hold from citizens of his country. And that why most of the countries didn't legalize it.
Government can be the strong contender through which the citizens of his country can familiar with Bitcoin, because if they legalize it officially, they will build university and some institute where officially people will be learn about the consequences of Bitcoin usage.
But currently it's not possible due to allegation from the governments so the best option is guide them through social media by submitting videos about the significant of bitcoin adoption.

Actually in Europe/America the percent of people not familiar with bitcoin is pretty the same, and misconception is not uncommon too. As for education... It depends on the type of works someone is planning to do with cryptocurrencies: I think that investment doesn't require specific education, it is just the question of having some money affordable for investment along with general invesing experience. As for studies on specific cryptography, hardware, software, programming and management of cryptoprojects, there surely are some new programs in most universities of the world, and it can turn out that some third world universities teach things better than those in Europe/America. So, for specific education the best way to start is to contact local school of higher education about cryptocurrency programs...

You might be wrong in the sense that, Nigeria isn't an European country and still, they rate so high as one of the bitcoin adopters even in the face of a government that is antibitcoin.

Now the argument might be that this is just a fraction doing large numbers but, is that really it?
For a we know, if that be it then, it could as well apply in Europe-America  and the rest part of the world.

Many have got the idea of bitcoin, are familiar with the term but, should we look at it from the part of having an in depth knowledge,  this is limited to a handful of the population.

Well, lack of education is widespread in the entire world specifically in Africa ( generally third world countries). To be honest, it’s not easy to solve this issue permanently due to a lot of factors such as poverty, homelessness, lack of internet access, wars. And regarding Bitcoin, we have seen some development in understanding the way Bitcoin works and in general cryptocurrencies plus blockchain. And in my opinion, if the governments recognized Bitcoin and added Blockchain in educational lessons, that would make a lot people have a proper knowledge on Bitcoin.
Moreover, Bitcoin will be definitely more recognized in a lot countries especially the poor ones, it is just about time to achieve that. And El Salvador was the best example. it became the first country who recognize the best digital currency.

Always stay logged in. You know me now.

You put tripwire on it?

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It's the digital gold and you better stop bitchin.

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He said "Africa". Or quoted it.

Edit. I know nothing but a rich world.

Edit edit. Tron is legal tender. It's from Tropico 7.

[moderator's note: consecutive posts merged]

Not all governments in every country hold the same stance towards the existence of Bitcoin and blockchain technology. There are still some governments (https://101blockchains.com/cryptocurrency-legal-countries-list/) that are open to Blockchain technology and legalize the use of Bitcoin for transactions.

Meanwhile, other factors influencing the acceleration of knowledge development on Bitcoin in a country can stem from various aspects, such as local culture, infrastructure, technological advancement, educational level, and many more.

https://i.postimg.cc/Fz93ZqCM/2023-04-18-05-06-50.jpg

The image above depicts the map of internet infrastructure distribution in every country worldwide, where the lowest internet penetration rates are found in the African continent (data as of 2021).
Only 1.7% of Somalia's population is covered by the internet. Isn't this quite risky for the future?
And if you take a look, the percentage for each country, here are some countries that have the lowest percentage of internet users:

https://i.postimg.cc/Wb1fpfpY/2023-04-18-05-22-40.jpg

Actually this is not how it should be. However, it cannot be denied that education about Bitcoin to the public is rather lacking, especially in several countries. This may be due to many factors. and especially one of them when the media raises Bitcoin news with all its negative effects, then that will enter the opinion and minds of the public in general. Meanwhile, not all people are willing to cross-check information first. So this makes various opinions less appropriate in society. And this is sometimes what makes Bitcoin worse.
But actually, wherever we are, there is no limitations where you are going to be ready for learning Bitcoin or not, whatever the media and the ways to learn.

Based on the topic, if you think you don't have proper education on Bitcoin, the internet is there for everyone to try and make research to know what is happening so far I'm the crypto market. We are twenty first century and is not the time when we will be telling people or trying much to teach tell all about Bitcoin and what Bitcoin is capable of doing in there life.

nowadays we no longer depend on books if we want to learn something coz with the aid of internet and easy to access gadgets, we can browse faster and easily to whatever we wanted to learn. aside from that bitcoin was made in order to supplement the growing/development of technology which we are using nowadays. there have been a lot of speculations we see already regarding the integration of AI in various aspects of technology including cryptocurrencies and blockchain.

I'm of course echoing others here, but what you write simply isn't true.  Sure, there are some places on earth where knowledge around bitcoin is very low, but there's plenty of places outside of America-Europe that have a strong understanding of bitcoin and cryptocurrency.  Now it's impossible to put a precise percentage on it, as to "what percentage of this country knows about bitcoin" but there's plenty outside this are you speak of that have a sizable portion of the population and least knowing what bitcoin is.

Now poor education is universal.  Here in the US, bitcoin may be well known and becoming more and more popular /bought, but 98% of people still don't have a fucking clue what it really is or how it works.  Same goes for basic finance too, however, and sadly.

OP you mentioned here that 80% to 90% people in your country don't know about Bitcoin. Maybe your country has not yet started to touch technology like that. A country advances in every way when technology reaches its country. Maybe here I am sure you said about Bangladesh. In fact, Bangladesh is far behind in terms of technology. Most of the people here are less educated and unemployed. But slowly people are moving towards technology and there will come a time when they will seriously consider cryptocurrency as technologically advanced.

it is still in progress mate , don't worry we will be there soon as the world is gathering so much to learn and Bitcoin and crypto is one of the most possible and best to bring out for profiting and of course using.
I know for years that even me makes it harder to let people believe in what I am telling them but every halving ? yeah there are increasing people who enters after learning what bitcoina nd crypto market has done.

If I'm not mistaken, I believe the OP wants more formal education on Bitcoin, but I believe for now you can easily access books online and there are many videos on YouTube to help you understand, and the most interesting part of it all is the forum where we have a technical section and many more that gives you access to an unlimited amount of information. I believe for now that should be sufficient for you, and I just feel like we have everything we need because the internet has made everything simple. compared to the past years were is only physical books.

With the growth of the internet, we have easy access to everything, but it would be better if bitcoin were educated in a mainstream way, it would be efficient, and the reach would be much faster. If bitcoin is really included in education, it will be much better than what we learn online, the information on the internet is too noisy, and not all knowledge is accurate. But bringing bitcoin into education only the government can do, it is out of our reach, so it may take longer for this to materialize.

Regarding education, I would say more, as I already said in other threads. Not only we need education in Bitcoin but also in blockchain technology and maybe a very important one would be to provide education in schools on economics. Illiteracy in most countries on economics is very very low. And to make it worse, the economics taught in most schools / high schools / universities is Keynesian models. But there should be at least the choice to learn Austrian Economics. This would be really important so that students can have the choice to learn something out of the box and be able to understand other visions of economics. Unfortunately Austrian school of economics is probably "persona non grata" because the concepts go against the socialist and capitalist ideals of modern societies!

It is sometime true we don't have proper education on Bitcoin, the level of crime online and other hacking activities has made many to do away with online forum for various purpose, and also Bitcoin or cryto has scared alot away due to lack of knowledge and proper education and guide to it. Many were not still educated on Bitcoin because is not always advertise on our local media or publicly open for the public to have awareness on the importance, but people that are into making research discovered the forum and learn the important on their own due to their access to information and technology to online and internet.

The way you can solve this about bitcoin being known is you telling people one on one on any avenue about it. You can also write on it on all your social media handles and I know the word will spread from there.

The only way to address your concern OP is to encourage everyone to educate theirselves with the available resources in the internet, that is if they are also eager to learn and use bitcoin for future adoption. Because I believe no matter how we try to educate people around us, as long as they are closed-minded when it comes to bitcoin and the rest of cryptocurrency, they will never really learn and gain awareness about it. At the end of the day, it all depends on the individual’s choice of the people.

For now it is a problem but in a modern world people is so curious so not far from today many more people will surely know about it, today we are only few who knows what is bitcoin and how it works as a good investment, but even if we don't tell everyone about it i am sure that they will surely know in the right time.

I agree on that just like me before, i did not know about bitcoin and because of the modern technology and internet i already know bitcoin today, it is just like an accident with the continuous using of social media we can know some things that others didn't know, it is so easy to know news, weather updates, new from other country etc.,because of internet, even about bitcoin, so i think even if there is no proper education bitcoin will become very will known in the near future.

I judge because bitcoin is independent without anyone controlling it, so those who want to get involved with bitcoin must also be independent. And to continue further education after getting to know bitcoin you have to discover it in your own way and in a different way and this is what makes bitcoin so unique and diverse. And the most independent is because we ourselves control it, so everything we find related to bitcoin must be independent.
like us in this forum or any platform can educate us about crypto or bitcoin, and as long as we have an internet connection everyone can find it from anywhere because this technology has many benefits both knowledge and financial freedom, and this will not be obtained anywhere but must do independently.

As long as bitcoin is beneficial, creating value for society, bitcoin does not need to be introduced into mainstream education, it will still be more popular in the future. Up until now, if someone had intended to stop it, it was the wildest idea.

Frankly, bitcoin has so many use cases, it's nothing more than a multi-tool, and almost everyone will need it someday. Bitcoin is currency, investment, your own bank, and cross-border payment method...There are just too many use cases for bitcoin, so it's only a matter of time before it becomes widespread and widely adopted.

Most people in some countries, they think having digital currency is like risking their money to loss.. even trying to make them understand how the system works, is so difficult because it's concluded as scam.
I'm saying this out of experience...
Most people decided not to invest anymore. Because after investing, instead of having a positive results Bitcoins continues to go down... I would say it's impatience and lack of knowledge about how the Crypto world works

In Europe and America, there is a lot of investment in Bitcoin or educational work on Bitcoin. However, it is true that there is no real idea of what percentage actually have proper knowledge about Bitcoin. Besides, there is a lot of investment going on outside of the mentioned countries and they are getting a good idea about Bitcoin. Basically, since the internet is worldwide, it is now possible to get good knowledge about Bitcoin from almost every part of the world. Any country can now go ahead and explore Bitcoin. The Internet is being used as a center for people's education worldwide.

Bitcoin adoption is actually increasing in developing countries since they've got bad economics and their fiat money keeps on failing and falling, so they're constantly looking for alternatives to money. And as per education, you can do your part by inviting people to this forum where they'll learn about Bitcoin. You can also make Bitcoin tweets and play your part in educating people.

Let me start by saying that it might interest you to know that some people in the same Europe , America you mentioned are not even familiar with what Bitcoin is , and also in the third world countries, there are some people who are quite knowledgeable about bitcoin.

The nutshell is , Bitcoin education is not about region, it's about individuality, in Europe and America , which I assume to be one of the most developed countries in the world , there are people who have heard about Bitcoin but still do not believe in it, while in the supposed third world countries, some heard about Bitcoin the first time and picked up on it , so bitcoin education is about individuals willingness to accept new innovations , and not much or region ...

And another thing is , even with education, adoption won't happen over night , Bitcoin education too can not spread round the whole world over night , all this things happens gradually, and take some bit of time .

Easier said than done. Do you know what scares newbies the most? A huge amount of information that you need to familiarize yourself with and sort it out on your own to the level that there are no questions left about the functioning of crypto projects. Not everyone is capable of this and can walk this path alone.
It seems to us that everything is much simpler than it is, when we have already gone through all this.
Many will choose not the Internet, but a personal coach, a mentor who will lead them by the hand until the last unresolved issue.

Op what you said is correct, even Nigeria the highest cryptocurrency investment country in Africa, we are still struggling to understand in-depth of bitcoin.  And the only way which I can suggest is that the African countries need bitcoin conferences and not seminars so that the know can be inculcated to the interested persons. Why advance countries are ahead not us in the cryptocurrency ecosystem is because they are holding conferences yearly to educate their people. Whiles African are busy disliking the technology.