Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Parklane777 on February 22, 2024, 05:16:29 PM



Title: Btc and people knowledge
Post by: Parklane777 on February 22, 2024, 05:16:29 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.


Title: Re: Btc and people knowledge
Post by: Lanatsa on February 22, 2024, 05:38:12 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.


Human beings are not all knowing, it is really just that natural that they would really be going into those things on what the majority is heading and we do know that Money/Fiat had become the
main standard that we've been dealing with ages then trust and confidence would be there. If you do tend to tell them about Bitcoin or with crypto then to those who havent heard it yet
would really be refusing on making use or dealing with it due to lack of trust or not being that recommended by the government or something that not regulated but we do know that not
all people would really be that something stupid on which there are ones who would really be trying out to make some research on what it is. There are people who do welcome up some change
and welcome innovation and to those who had engaged and decided to deal with it will always be having that advantage compared to those who have none.


Title: Re: Btc and people knowledge
Post by: Asuspawer09 on February 22, 2024, 06:12:39 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.


It's really normal for some people who dont know about Bitcoin to say a lot of things that are not true because they just trust Bitcoin and do not know anything about it, they just do not have enough knowledge yet to understand how Bitcoin technology operates, but at the same, it's not really their fault because there are already a lot of rumor in the internet about Bitcoin, and if they are going to rely on the news Bitcoin and cryptocurrency really have a bad image overall because it is already involved in a lot of illegal activities, people used to seeing Bitcoin being involved in scams, pyramids, etc where people lose money, aside from that people are using it as well to scam people, something like encouraging people to invest saying that they are going to invest it on cryptocurrency and Bitcoin hoping that they are going to earn but end up losing it to a scammer.

There was obviously no way around it, the only way to do encourage them is if they are the one going to learn it or research about it that way they are going to understand it by themselves and know the potential of Bitcoin.


Title: Re: Btc and people knowledge
Post by: electronicash on February 22, 2024, 06:20:16 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.


It's really normal for some people who dont know about Bitcoin to say a lot of things that are not true because they just trust Bitcoin and do not know anything about it, they just do not have enough knowledge yet to understand how Bitcoin technology operates, but at the same, it's not really their fault because there are already a lot of rumor in the internet about Bitcoin, and if they are going to rely on the news Bitcoin and cryptocurrency really have a bad image overall because it is already involved in a lot of illegal activities, people used to seeing Bitcoin being involved in scams, pyramids, etc where people lose money, aside from that people are using it as well to scam people, something like encouraging people to invest saying that they are going to invest it on cryptocurrency and Bitcoin hoping that they are going to earn but end up losing it to a scammer.

There was obviously no way around it, the only way to do encourage them is if they are the one going to learn it or research about it that way they are going to understand it by themselves and know the potential of Bitcoin.

there are interviews where a youtuber is asking random people on the streets whether they know about BTC. surprisingly, the majority of those random people don't know BTC. i think there's still more than 90% of people around the world don't know BTC but trust banks with their fiat money issued by the government that is backed by nothing.

it's common for people to just trust the government because after all it's the government. and if the money is issued by the government then it's good enough for them. not asking anymore more than that. and i think because most people are in the rat race too.  too busy to make money working 12 hours a day and have no time to ask whatever is there that the discovery channel is talking about.





Title: Re: Btc and people knowledge
Post by: aoluain on February 22, 2024, 06:41:53 PM
yea its the same as most people dont know hot the engine of their car works but yet they drive,
thats the way with people in general and FIAT, its familiar and they know how to use it and it
works for them. same as the car They have no reason to question why it can take a number of
days for transfers to issue, why they can only avail of services pertaining their money 5 days out
of 7 or how they dont realise that they just dont have full control of their money.

Getting into something new like Bitcoin is viewed as confusing, they cant even hold or touch it.
Also there has been a negative narrative about Bitcoin over the years which could possibly be
tainting some peoples view of Bitcoin which is used by criminals and drug dealers!

Time will change these peoples view of it I'm sure


Title: Re: Btc and people knowledge
Post by: AprilioMP on February 22, 2024, 07:03:00 PM
I myself don't know how banks make money and how every year banks print money. Having not yet reached the level of knowledge about Bitcoin, the level of how banks work and how fiat currency works at that time I did not know.
Because I don't want to be lost in ignorance, with the ease of internet access, I don't want to remain silent so that my knowledge about it changes even if it's only enough for myself.

Almost everyone knows about Bitcoin, including lay people. If someone basically doesn't know about Bitcoin, it's very easy for them to find out secretly without the knowledge of the person saying let's use BTC.
Unlimited space or information media can be explored by anyone so that there is no longer anything funny in this world that will live in 2024 because both brains can be used.


Title: Re: Btc and people knowledge
Post by: Rruchi man on February 22, 2024, 07:19:00 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
It is just an excuse that these people give themselves so they do not invest in bitcoins. Although there are many wrong and contrary information regarding bitcoins, there is still the correct information about it if only these people will make the extra effort to try and check online for it.

Don't waste too much time trying to convince anybody that is proving too difficult to convince about bitcoins, leave them to their own opinions and focus on gathering more bitcoins so that later on in the future they will see the results of the decision that they refused to take.


Title: Re: Btc and people knowledge
Post by: darkangel11 on February 22, 2024, 07:49:41 PM
there are interviews where a youtuber is asking random people on the streets whether they know about BTC. surprisingly, the majority of those random people don't know BTC. i think there's still more than 90% of people around the world don't know BTC but trust banks with their fiat money issued by the government that is backed by nothing.

it's common for people to just trust the government because after all it's the government. and if the money is issued by the government then it's good enough for them. not asking anymore more than that. and i think because most people are in the rat race too.  too busy to make money working 12 hours a day and have no time to ask whatever is there that the discovery channel is talking about.

This reminds me of that youtube video where they ask people if they want $100 or 1 bitcoin and everyone says they want the money. :D
OP is right, people don't trust bitcoin because they don't understand it, but it's funny because there's so many things they don't understand, but trust. For instance they drive electric cars even though they are known to catch fire and be built in China. They trust Chinese phones even though it was proven that some of them were had spyware. They trust the government, despite so many politicians being corrupt... Bitcoin wasn't proven to be wrong, corrupt, or a scam, yet people don't trust it.


Title: Re: Btc and people knowledge
Post by: mindrust on February 22, 2024, 07:54:25 PM
That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.


Title: Re: Btc and people knowledge
Post by: Obim34 on February 22, 2024, 08:29:02 PM
That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.
Humans are mainly obsessed with what they see physical or what they where born into, that is the reason Bitcoin is most likely adopted by the young ones. Most of this people still believe there is nothing like Bitcoin since it is nothing physical and getting to find out the person behind Bitcoin has remained anonymous upto this date this will cause them to avoid by all means yet we can term it ignorance.


Title: Re: Btc and people knowledge
Post by: electronicash on February 22, 2024, 08:29:59 PM
but there are really people who geniunely doesn't know BITCOIN. and somehow they look like they can afford to live luxuriously.

i'm sure you have watched the youtube video of a man who fills to answer this question BITC_ _ _  IS THE FUTURE.

it may just be easy for the people in this forum to answer this but he answered BITCHES IS THE FUTURE on TV. you can't just unhear that but it happened.


Title: Re: Btc and people knowledge
Post by: AmoreJaz on February 22, 2024, 08:33:21 PM
That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.

In today's generation, it is only laziness why you will be ignorant on things because you can basically search anything over the net these days. If you are in doubt or don't know anything, just hit the search button and tons and tons of info will come up.

So if you think you don't know what to do anymore with the hype surrounding the market, you can easily check what's going on by educating yourself and checking the net.


Title: Re: Btc and people knowledge
Post by: jrrsparkles on February 22, 2024, 08:38:30 PM
EVerybody uses money but as you said most people don't know the dynamics of money and how its created and why the prices of goods are increasing and why they can't afford to live better life even if they earn more money than the previous year. and a lot more questions.

But why do they still trust fiat?

The answer is simple, it's from the government so people will just think its safe while the reality is the money is what keeps the people poor.


Title: Re: Btc and people knowledge
Post by: Odusko on February 22, 2024, 08:53:47 PM
The fact is that not everyone will accept Bitcoin and for that only the few who have taken the time to know what Bitcoin is and what it stands for in the financial system both as a currency and also an asset, this is the fundamental thing and only those with the motivation to study Bitcoin will have the privilege and experience of bitcoin.
The vast majority will just look away from everything that concerns Bitcoin and the technology that surrounds it, above that also is the ability to invest time is what has scared some lazy forks away and in the end, they just make the general assumptions that Bitcoin is a scam.
Even the fiat financial system suffers the same misconceptions and lack of knowledge too, because sometimes, you will want to make a bank transfer to some people in their locality and in the end they will not know what bank transfer is, and all they know is cash and carry.


Title: Re: Btc and people knowledge
Post by: passwordnow on February 22, 2024, 08:59:37 PM
It's because they don't care about those processes and what matters to them is their daily lives, how we can survive and how we're going to keep up with inflation. They don't need to know how many is printed and how bitcoin is made. As long as they're there to make the whole point of holding Bitcoin or understanding what's happening in the economy through their own assets and investments, it is what matters to most of them. And it is understandable if people say that they're not yet familiar with cryptocurrencies.

That's okay to hear them say that because why they would care? The interest that they have isn't on this market but into something else. Not until they start to step in and have that interest for knowing more about cryptocurrencies and Bitcoin, that's how they're going to learn everything else. And from there, you'd see them trying to learn a lot of things and the initiative that they have to go deeper into Bitcoin and understand more of it.


Title: Re: Btc and people knowledge
Post by: The Cryptovator on February 22, 2024, 09:01:22 PM
When we are born and mature, we naturally conform to the existing fiat system. The only currency system we met with was our native fiat, which backed the government. Fiat has no chance of being demolished. So we can trust our native fiat blindly. Recently, we introduced Bitcoin, and we need a lot of study to know it. When we realise what Bitcoin is and how it works, we start trusting it. Otherwise, we might not trust it. For the next generation, they will definitely trust Bitcoin. Because from the beginning, I will teach my kids about Bitcoin, and they will be familiar with it from childhood. So they will easily trust Bitcoin. 


Title: Re: Btc and people knowledge
Post by: btc78 on February 22, 2024, 09:12:10 PM
It’s because fiat money is backed up by the government which is an organization that most citizens follow. Without a leader or a system, humans will fall apart. There will be a disorder. That is why humans are used to following rules and regulations and whatever is being used by the majority as to not separate from the flock.

You are forgetting that fiat money is traditional. It’s coins and paper. It’s tangible. On the other hand, it is hard to grasp the concept of cryptocurrency because you can not actually see nor touch it.

This is why most people think it is not true. Especially those who are not that excellent in technology. Cryptocurrency is both new to technology and finance. Although it still uses traditional concepts like supply and demand, it is very unique and new.


Title: Re: Btc and people knowledge
Post by: red4slash on February 22, 2024, 09:17:49 PM
I agree with several colleagues who commented about the reasonableness in this case because after all when a lot of people still don't know btc and are even still very taboo about this I think it is a reasonableness because after all we must be aware that even though currently the development of btc has always been a good thing, especially for the last few years, the spread of btc is still small and it cannot be denied that it is still very far from being evenly distributed until now so it is quite natural that btc is not well know especially in some areas or countries that still cannot provide access to btc. But that is also not a real obstacle and we also don't need to force everyone to know btc because things like this not all can understand and all we have to do when we know bitcoin at this time is just to enjoy it by being in bitcoin that is comfortable for us.


Title: Re: Btc and people knowledge
Post by: Parklane777 on February 22, 2024, 09:19:22 PM
there are interviews where a youtuber is asking random people on the streets whether they know about BTC. surprisingly, the majority of those random people don't know BTC. i think there's still more than 90% of people around the world don't know BTC but trust banks with their fiat money issued by the government that is backed by nothing.

it's common for people to just trust the government because after all it's the government. and if the money is issued by the government then it's good enough for them. not asking anymore more than that. and i think because most people are in the rat race too.  too busy to make money working 12 hours a day and have no time to ask whatever is there that the discovery channel is talking about.

This reminds me of that youtube video where they ask people if they want $100 or 1 bitcoin and everyone says they want the money. :D
OP is right, people don't trust bitcoin because they don't understand it, but it's funny because there's so many things they don't understand, but trust. For instance they drive electric cars even though they are known to catch fire and be built in China. They trust Chinese phones even though it was proven that some of them were had spyware. They trust the government, despite so many politicians being corrupt... Bitcoin wasn't proven to be wrong, corrupt, or a scam, yet people don't trust it.


Yes u got the point we live in society of trust.
All what it takes is just get some legit looking person to talk and everybody will trust and belive.
Yes it's so funny to see how people trust and act like they know and tell they don't get into btc because they don't know about btc .....but to be honest people don't know much about anything.
But the future of finances are proof instead of trust.


Title: Re: Btc and people knowledge
Post by: Ryu_Ar1 on February 22, 2024, 09:23:09 PM
We need to think about another condition because the fact is that until now there are still many people who will continue to be comfortable with fiat and will not like bitcoin so that apart from those who do not know about bitcoin they also do not want to know about this which makes information sometimes stalled and even if there is information or news about bitcoin in the end in some conditions it is like being led to an opinion where bitcoin is a bad thing and not really worth holding.

I think situations like this will continue to exist and continue to develop. Bitcoin is still very new and at this time we are still in the development phase so it is quite natural that there are still many people who do not know or even doubt that bitcoin is feasible because this is about choice and not everyone will accept bitcoin as a choice to be taken.


Title: Re: Btc and people knowledge
Post by: Sandra_hakeem on February 22, 2024, 09:29:58 PM
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.
They don't really care about how much it takes to create/implement any policies... They just feel comfortable with the system they were brought up with

Bitcoin is a different digital currency that bears it's own criterias... I didn't really have much interest innit until when it was introduced to me by a friend - and that happened just before I got registered in here..
When we are born and mature, we naturally conform to the existing fiat system. The only currency system we met with was our native fiat, which backed the government. Fiat has no chance of being demolished. So we can trust our native fiat blindly.
exactly!! It's actually a different case when it comes to digital currencies.... I believe Bitcoin hasn't still gotten the desired validation even after a decade and more.

Sandra 🧑‍🦰


Title: Re: Btc and people knowledge
Post by: Issa56 on February 22, 2024, 09:34:50 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
Not everyone will have to know about bitcoin, and not everyone is ready to learn about bitcoin. Most people who don’t trust bitcoin don’t even know what it's really all about, they decided to hate it just because of what the government feeds them. The government makes bitcoin look so bad, they make people think bitcoin can only be used for illegal things. and experience some people have with scammers in the crypto space already make them lose interest in bitcoin.
 
Fiat currency can’t be compared with bitcoin, fiat currency has been in existence since the beginning, and that’s what everyone is used to. Most people are using fiat currency for their daily activities, and we all know bitcoin can’t be used for that yet. Some people don’t even believe in digital currency, and I know some people who don’t even leave their money in banks because they don’t trust banks. But I am sure that with time, people who don’t trust bitcoin will come to understand what bitcoin is really all about, and they will start using bitcoin.


Title: Re: Btc and people knowledge
Post by: Onyeeze on February 22, 2024, 09:36:57 PM
I will say it was then that many people does not know what is Bitcoin but currently many people have no what bitcoin is all about because of the massive adoption in Bitcoin currently it is difficult before you see a country that does not know cryptocurrency especially Bitcoin because many people who is into gold exchange or trading those people is into cryptocurrency especially bitcoin because currently bitcoin has taken over a digital market so there is no place bitcoin has not circulated to the environment especially all this most civilized countries so I can say that anyone who say that is ignorant of Bitcoin don't want to know about Bitcoin because the information of Bitcoin is propelling everyday by day.


Title: Re: Btc and people knowledge
Post by: Rengga Jati on February 22, 2024, 09:55:01 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Because sometimes, the general public does not need that kind of understanding or knowledge, what they believe is what happens as usual and what their government guarantees. In this case, they have been dealing with money and banks for a very long time. They believe that the government guarantees banks and money. And another important point for the general public is that they will believe more in something that seems real and can be held. They can hold and use the money for a long time and it has been proven.

Meanwhile, in their opinion, Bitcoin is the opposite. They can't even see the form of Bitcoin, let alone hold it. so their trust in Bitcoin is completely non-existent. Even if the more we explain it, the more they deny it because we can't prove Bitcoin is real. These are some of the thoughts of people around me about Bitcoin and why they don't believe in it. I don't know whether this is the same in other areas or locations or not.


Title: Re: Btc and people knowledge
Post by: Assface16678 on February 22, 2024, 10:07:40 PM
One thing I can only say for this kind of people is that they are missing a great opportunity. Let's face it, many people are ignoring the presence of bitcoin even though there is news about its movement, but they choose to ignore it and spread negative comments about it. I know we can't please all the people to believe and invest in bitcoin; it's just that they are wasting their time trying to pull down bitcoin, but in reality they can't do that because more people or investors are believing in the power of bitcoin, and I'm one of them. I encounter many people who say bad stuff or don't trust bitcoin because it is risky and dangerous, and yes, that's true, but there's no investment with no risk, right? Its up to the investors on how they will do great in their investment; making the risk into profit is such a good skill to be added.


Title: Re: Btc and people knowledge
Post by: decodx on February 22, 2024, 10:15:18 PM
I get why some folks feel weird about Bitcoin.  It's pretty out-there and different from regular money.  But let's go easy on the skepticism.  It makes sense to be confused when you encounter something totally new and 

sure, most people likely have no clue how traditional money gets made or the ins and outs of national currencies.  But that shouldn't stop them from trying to grasp new concepts like Bitcoin.  Instead of being judgey, we could nurture curiosity and chat openly to spread knowledge.   

After all, progress means venturing into uncharted territory that seems odd at first.  Yet with an open and inquiring mindset we can grow our understanding.  Approaching economic innovations like Bitcoin with generous patience rather than cynicism will lead to wiser perspectives overall.


Title: Re: Btc and people knowledge
Post by: Sanitough on February 22, 2024, 10:48:20 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
Not everyone will have to know about bitcoin, and not everyone is ready to learn about bitcoin. Most people who don’t trust bitcoin don’t even know what it's really all about, they decided to hate it just because of what the government feeds them. The government makes bitcoin look so bad, they make people think bitcoin can only be used for illegal things. and experience some people have with scammers in the crypto space already make them lose interest in bitcoin.
 
Fiat currency can’t be compared with bitcoin, fiat currency has been in existence since the beginning, and that’s what everyone is used to. Most people are using fiat currency for their daily activities, and we all know bitcoin can’t be used for that yet. Some people don’t even believe in digital currency, and I know some people who don’t even leave their money in banks because they don’t trust banks. But I am sure that with time, people who don’t trust bitcoin will come to understand what bitcoin is really all about, and they will start using bitcoin.
Learning should not be forced, it will eventually happen in time when the people are already willing to learn. Even highly knowledgeable people are not all knowing about bitcoin, they heard it but they cannot tell exactly it’s real definition and purpose in the market industry. Most particularly for those who aren’t interested about bitcoin, they will not care researching for it.

However, different thing applied for fiat. Fiat has already been here even before these new generation has existed, so most probably whether they like it or not, they should learn the basics of fiat so they can use it at a maximum level.


Title: Re: Btc and people knowledge
Post by: GreatArkansas on February 22, 2024, 11:37:45 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
(...)
For me, the foundation of Bitcoin's technology, along with the ideas of decentralization and transparency, all contribute to its being trusted by many.
Every Bitcoin transaction and/or creation of new Bitcoins is transparent.
On the other hand, traditional banking systems where the creation of money and its flow can be somewhat opaque.


Title: Re: Btc and people knowledge
Post by: Natsuu on February 22, 2024, 11:49:17 PM
Regular money can get pretty complicated with central banks and government stuff but we're cool with it 'cause we've been using it forever. Now with things like Bitcoin it's like speaking a different language for many. People are skeptical just 'cause it's not what they're used to even though regular money has its own mysteries. Trust seems to come more from being familiar with something than really knowing how it all works


Title: Re: Btc and people knowledge
Post by: uneng on February 23, 2024, 01:20:11 AM
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
Yes, it's true. Most people in our socities behave like sheeps. They can't act or think by themselves, rather they act based on what people they consider trustful tell them to do. And trustful is usually related to authority. So, people act based on what authorities dictate and enforce. If the government told people to use Bitcoin, instead of fiat currencies, they would do this, even not having any clue about how it works.

The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.
They can't explain how fiat system works, neither are interested in learning about it. They just want things simple and plain, like accomplishing a determined workload somewhere and receiving money on their banking accounts in exchange. No further questions and reflexions are desired. They live the day, without thinking on the long term consequences the fiat system they are inserted on are going to bring. They don't care about inflation, debt and investments at all. That is why financial education must be introduced to citizens since an early age, so once they reach adulthood, they will already have a good notion about it and will develop a natural interest for this matter, since they received appropriate stimuli when they were younger.


Title: Re: Btc and people knowledge
Post by: ancafe on February 23, 2024, 01:57:40 AM
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
Too much trust in other people will not produce wise decisions because we don't try to find out for ourselves, even though Bitcoin is currently one of the best investments ever. The reason is because people trust famous and well-known people more than people who have knowledge, so they try to obey whatever they say.

The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.
Explaining something must be done with knowledge because when you try to explain to other people they see the extent of your knowledge about the problem. The problem is whether they believe it or not depends on how you convince them and I would rather not convince anyone of cryptocurrency because there are many risks that they may not be ready to accept. If you want to provide education then do it and don't forget to provide an understanding of the risks and price fluctuations so they don't panic when starting out.


Title: Re: Btc and people knowledge
Post by: Xampeuu on February 23, 2024, 03:29:02 AM
Regular money can get pretty complicated with central banks and government stuff but we're cool with it 'cause we've been using it forever. Now with things like Bitcoin it's like speaking a different language for many. People are skeptical just 'cause it's not what they're used to even though regular money has its own mysteries. Trust seems to come more from being familiar with something than really knowing how it all works
time will make many people aware of Bitcoin, there are still many pros and cons considering that in the world there are still many generational groups, but this is a normal thing, where today's young people will later become old people, and small groups will turn into children. young, so that at that time bitcoin will be better understood by everyone, not just as a means of making money


Title: Re: Btc and people knowledge
Post by: joeperry on February 23, 2024, 03:37:04 AM
Some people doesn't want complicated things like banks, money and cryptocurrency. Honestly, it can only be studied by yourself believe it or not, in our country they don't teach financial things and of course cryptocurrency that's why many people here don't know how to invest, how money and bank works and especially cryptocurrency because it's combination of computer knowledge and financial. So there's no doubt that many people don't know how things works in banks and cryptocurrency.


Title: Re: Btc and people knowledge
Post by: Darker45 on February 23, 2024, 04:41:34 AM
The difference is that people don't have to learn about fiat. They don't have to understand how it works. There's a powerful order coming from no less than the government to use it so they have to use it. They don't have a choice anyway. Whether they understand it or not, accept it or not, trust it or not, it is everybody's money. It's probably more convenient to not even try understand it; you'll have to use it anyway.

Bitcoin, on the other hand, is just an alternative. If you want to use it, you'll have to exert effort to understand it. You have to have intention. You have to be willing to understand it in order to understand it.


Title: Re: Btc and people knowledge
Post by: Ale88 on February 23, 2024, 04:45:55 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.
The average person knows very little about finance and money, and I can tell you that before before discovering bitcoin I really had no idea about this world. Why? Mainly finance and money is not something that they teach at school, and usually when you are young and you go out with your friends it's extremely unlikely to talk about these matters. And also many people aren't interested in this type of conversation, it's missing the curiosity.


Title: Re: Btc and people knowledge
Post by: Volimack on February 23, 2024, 05:13:21 AM
It is natural that many people are still unaware of the knowledge of crypto and have not progressed with the development of blockchain. Also if they don't know what bitcoin is maybe they wouldn't have any doubts. They may think crypto is too complicated they think bank is a safe place. Trust is most effective I think once they know about the use of bitcoin they will try to get familiar with it and gain proper knowledge.


Title: Re: Btc and people knowledge
Post by: Kakmakr on February 23, 2024, 05:24:22 AM
Will you believe me, if I tell you that many people still believe that Fiat currencies are still backed by Gold?

I ask people what gives Fiat currency it's value and they say "Gold" ....  ::)  Then I explain "toilet paper money" to them and I blow their minds.

People do not even understand the Banking system, so how will they understand Crypto currencies?


Title: Re: Btc and people knowledge
Post by: EluguHcman on February 23, 2024, 06:02:01 AM
The more in doubt and ignorant to Bitcoin is the primitive awkwards they are to this digital era. If you have heard of Bitcoin and yet having doubts about it and then you are interested to know the reality inventory it is, how reputable and its potentials including how it could be reliable based on how it must has been brought to you, then you must make your inquiries, do some research and then you have your stance towards it either you would accept and embrace the industry or you are just satisfied acquiring its knowledges.
Singularly, It pays giving your attentions and learning about things you fells that are influential to the society because even though you are not interested to it today, it might be a white collar ticket to you as time may tell and I can tell it verily that learning about Bitcoin is as obtaining that knowledges of how you secures knowledges of a white collar job.
Indeed people that doesn't know how the traditional Fiats are created by the same government of the people that is never trusted are not bothered to study how this all time fiats were created but yet they accepted it that as much as it is an inventory for the enable purchase and exchanges in goods and services they are just cool by it and yet they doubts about Bitcoin which is even more lucrative and potential than the old said fiats invention that existed before their introduction to the World. If you ask me I would say Bitcoin would had been a most concentrated currency ebe globally adopted for its primary potential as a means of payments because it is one of a currency that was introduced during our times and has a clearer invented history.

I understood clearly what the OP said that most of the people who are in doubt of Bitcoin do so because it is not one of the prominent and influential person's that rules the governments who is discussing about Bitcoin with them but because it is coming from an average individuals that is way it is being unable for them to understand and accept it as they hears about it Bitcoin.
This is one of the reasons most countries and governments refused to accept Bitcoin because they are afraid that if they do, and as long the masses trusts them, they would also follow and accept the Bitcoin and may even tend to adopt the Bitcoin and dump their fiats to to their potential differences. Indeed there are a lot the government is keeping off from the awareness of its masses and they (Masses) are just so practically blind at it.


Title: Re: Btc and people knowledge
Post by: m2017 on February 23, 2024, 06:23:11 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
Those who have at least a little tried to figure it out and understand what bitcoin is, everything is in order with their trust.

But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
These people have seen (and used) only money (as a financial instrument) all their lives, and money is a model of reliability for them (although this is absolutely not the case). This is called habit and blind faith.

Little do they know how the banks even creating money.
Amendment. Central banks.

So money the fiat currencies are unknown same like btc for many people.
Absolutely true, but people’s trust in fiat currencies is incomparably higher due to old habits (money has been used longer than bitcoin).

I understand what you're getting at. To break the shackles of habit and ignorance, people must first become disillusioned with money (the traditional financial system), understand how everything works there, see the shortcomings that abound (inflation, devaluation, etc.) and try to want to find alternatives. And only after that they will be able to become interested in bitcoin. Again, only after detailed study.


Title: Re: Btc and people knowledge
Post by: Plaguedeath on February 23, 2024, 07:27:03 AM
Because they only trust what the government is trusting, they're slaves for the government. When the government say yes, they will say yes, when the government say no, they will say no, without even knowing why they say yes or no.

But at least people in this forum aren't that kind of people, there are few Bitcoin's haters too, but it's only like <1%.


Title: Re: Btc and people knowledge
Post by: Finestream on February 23, 2024, 07:57:18 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Because sometimes, the general public does not need that kind of understanding or knowledge, what they believe is what happens as usual and what their government guarantees. In this case, they have been dealing with money and banks for a very long time. They believe that the government guarantees banks and money. And another important point for the general public is that they will believe more in something that seems real and can be held. They can hold and use the money for a long time and it has been proven.

Meanwhile, in their opinion, Bitcoin is the opposite. They can't even see the form of Bitcoin, let alone hold it. so their trust in Bitcoin is completely non-existent. Even if the more we explain it, the more they deny it because we can't prove Bitcoin is real. These are some of the thoughts of people around me about Bitcoin and why they don't believe in it. I don't know whether this is the same in other areas or locations or not.
Reality is, people don’t need to know everything. Or even if they know some of it because they used to see it, but when someone ask them to explain it, that will be left unexplainable for them not because they don’t have ideas but because it’s hard for them to define it. Same like bitcoin, I believe they know already that bitcoin exist, but because they have no means to use it, they still struggle to explain bitcoin on their own.

The worst explanation about bitcoin is that it can be used to scam people. While some people are aware that it’s not actually what bitcoin is, but since the government is feeding them with wrong definition and concept about bitcoin, that will be what majority is going to think about bitcoin.


Title: Re: Btc and people knowledge
Post by: Awaklara on February 23, 2024, 08:05:23 AM
Because they only trust what the government is trusting, they're slaves for the government. When the government say yes, they will say yes, when the government say no, they will say no, without even knowing why they say yes or no.

But at least people in this forum aren't that kind of people, there are few Bitcoin's haters too, but it's only like <1%.
because most people who live in a country will definitely follow the government's rules. but regarding Bitcoin, I think everyone is now starting to be open to owning and using Bitcoin.
people in the community definitely like the main subject of the community. I personally would never mention Bitcoin or crypto to someone who doesn't have an interest in it. that would just be nonsense.

I am sure that nowadays everyone does not just follow what is said or the regulations set by the government. Many countries still prohibit the use of Bitcoin as a trading tool to replace fiat. but it does not prohibit Bitcoin ownership. and that's what makes more users today learn how Bitcoin actually works.


Title: Re: Btc and people knowledge
Post by: Kelvinid on February 23, 2024, 08:44:23 AM
I don't know everything as well OP. But I read and listened because I wanted to learn about Bitcoin. Some people don't do it nor bother themselves to spend time doing this because lack of interest and that drives them not to listen as well. But don't blame them nor force them to believe what we know about Bitcoin because still it ends up with conflicts of ideas and perceptions.

That is why I don't argue with people when talking about Bitcoin as it is hard to convince a close-minded person as they think negatively already. They won't listen as they will also claim that they are right. Honestly, it is just a waste of time and maybe we just accept the truth that not all are able to see the potential value of Bitcoin.


Title: Re: Btc and people knowledge
Post by: Ben Barubal on February 23, 2024, 09:19:17 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.


    In our time today, most people still don't understand Bitcoin, and the majority of them are the people who think Bitcoin or cryptocurrency is a scam, even though it's not really; instead, it's just used for evil.

    And still, most countries are not open to bitcoin, and in others, they make it illegal or threaten them. But if we find out about this, they will for sure see the brighter side of Bitcoin, and when that happens, it will add to the dominance that Bitcoin also has.


Title: Re: Btc and people knowledge
Post by: ndutndut on February 23, 2024, 09:19:54 AM
I don't know everything as well OP. But I read and listened because I wanted to learn about Bitcoin. Some people don't do it nor bother themselves to spend time doing this because lack of interest and that drives them not to listen as well. But don't blame them nor force them to believe what we know about Bitcoin because still it ends up with conflicts of ideas and perceptions.

That is why I don't argue with people when talking about Bitcoin as it is hard to convince a close-minded person as they think negatively already. They won't listen as they will also claim that they are right. Honestly, it is just a waste of time and maybe we just accept the truth that not all are able to see the potential value of Bitcoin.
Yes, exactly. It is indeed very difficult to convey Bitcoin knowledge to people, in fact it often leads to conflict as you stated because both parties both claim to be right. I first got to know BTC and remember inviting friends but they thought I invited MLM. Even though I have explained in detail the scheme and potential of Bitcoin, the reception goes in the right ear and out the left ear. Because in my opinion not many people have the ability to explain to other people, let alone lay people. So the final point you make is the fact that not everyone is able to see the value of bitcoin, hence the saying that investing in bitcoin is not for everyone. Only people who already know the potential of bitcoin can invest in bitcoin.


Title: Re: Btc and people knowledge
Post by: Nrcewker on February 23, 2024, 09:23:22 AM
I see some people are too lazy to actually take time and understand about Bitcoins. Bitcoins as a digital asset are really great I must say. People just giving excuses by citing the negative side of the coin. Bitcoins have grown from nothing to becoming a valuable digital asset, still people think investing in Bitcoins has lots of disadvantages. They don’t show faith in the coin, and missing out the great profits that they can make from it.


Title: Re: Btc and people knowledge
Post by: johnsaributua on February 23, 2024, 09:39:26 AM
Btc comes with modern investment and is carried from community to community, activists and people who study it, over time until countries slowly adopt it for the public, so now it is not difficult to find and buy the easiest and smallest way, Bitcoin is very good for investment and it's never too late to start investing. Fiat money is legal tender in a country, although it does not have a fluctuating value but money is easier for all ages to use even with basic math for daily transactions and fixed value has not always had a bad image. I agree that money and bitcoin can be owned according to function and needs. Bitcoin is a good complement among other investments.


Title: Re: Btc and people knowledge
Post by: Benedictare on February 23, 2024, 01:35:00 PM
   People now know and understand that Bitcoin is a digital currency and it is created ,traded and distributed with a global payment pattern,it is also known for its store value,a decentralized ledger way known as blockchain. The higher number of people involved are the unemployed that have that highest level of Bitcoin awareness compared to other that are employed.

   Bitcoin is secured by its proof-of-work consensus that protects the system and verifies transactions


Title: Re: Btc and people knowledge
Post by: dlightag on February 23, 2024, 02:43:03 PM
Bitcoin is the easiest business people are doing that doesn't require shop rent or occupying space, but rather is an online digital business that connects people with a simple understanding knowledge how it works in the ecosystem as we are know that technology is gradually taken place.


Title: Re: Btc and people knowledge
Post by: RockBell on February 23, 2024, 02:56:22 PM
I don't know everything as well OP. But I read and listened because I wanted to learn about Bitcoin. Some people don't do it nor bother themselves to spend time doing this because lack of interest and that drives them not to listen as well. But don't blame them nor force them to believe what we know about Bitcoin because still it ends up with conflicts of ideas and perceptions.

That is why I don't argue with people when talking about Bitcoin as it is hard to convince a close-minded person as they think negatively already. They won't listen as they will also claim that they are right. Honestly, it is just a waste of time and maybe we just accept the truth that not all are able to see the potential value of Bitcoin.

It is impossible to make money without education, which is the core idea behind Bitcoin. Without a fundamental understanding of the subject, you are unable to undertake any complicated tasks, let alone begin any endeavor. I don't think anyone can be this careless as to not have an idea, and people with that kind of habit do that because of someone who has been into Bitcoin for a very long time. If the person is not serious, how would you invest in Bitcoin if you don't read? We know we are all different.  and everyone's perception is different when it comes to Bitcoin, arguing about Bitcoin will just get you more frustrated, it is better to leave things the way they are in people's heads the best thing is to advice and if they don't listen then it is better to leave they and they might end up learning the hard way.


Title: Re: Btc and people knowledge
Post by: kentrolla on February 23, 2024, 06:14:53 PM
That's the kind of ignorance we live in I mean most of the don't know how reserve banks can print money and how does it holds the value, they just believe in it because it's issued by the government and it can be exchanged for goods or services hence people trust fiat though it's not back by anything. On contrary to this people have doubts like how can they trust Bitcoin just because and what is it backed by because it's not issued by the government. Even those who have invested into Bitcoin won't have much knowledge about Bitcoin as they are using it just as an investment medium. In short people have no knowledge on both fiat as well as Bitcoin.


Title: Re: Btc and people knowledge
Post by: bluebit25 on February 23, 2024, 06:49:58 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.


Do you understand "the emptier the drum, the louder it sounds?" And what is the message that OP wants to say here?

I really don't understand the way you are expressing yourself, I just happened to express your opinion on another topic and really feel your way of expressing the problem.

To summarize the problem you mentioned here:
The OP feels that the knowledge that many people are discussing about a certain field does not exist, but instead of solving the problem to help the subjects the OP mentioned become clearer, sitting here making judgments about their way of life is harmful.
Is it helpful?


Title: Re: Btc and people knowledge
Post by: Wakate on February 23, 2024, 07:08:08 PM
I don't know everything as well OP. But I read and listened because I wanted to learn about Bitcoin. Some people don't do it nor bother themselves to spend time doing this because lack of interest and that drives them not to listen as well. But don't blame them nor force them to believe what we know about Bitcoin because still it ends up with conflicts of ideas and perceptions.

That is why I don't argue with people when talking about Bitcoin as it is hard to convince a close-minded person as they think negatively already. They won't listen as they will also claim that they are right. Honestly, it is just a waste of time and maybe we just accept the truth that not all are able to see the potential value of Bitcoin.
Everything we needed to know about Bitcoin is online and if we know how to sort for information online to get the right data we needed to keep things going. Bitcoin is everywhere and we don't need to start telling people or trying to convince them that they will be profitable when the invested their money on Bitcoin. We have passed that level of trying to force people to invest in Bitcoin because the market is volatile and is everywhere. What is required to influence people to invest in Bitcoin is the result we keep getting from our Bitcoin investment. Result is a tool that will make us to want to do something because we have seen evidence that keeps triggering us.


Title: Re: Btc and people knowledge
Post by: famososMuertos on February 23, 2024, 10:28:18 PM
It is a generational process, bitcoin is +14 years old, even today's teenagers were born with the blockchain, there is a generation that is understanding it.
There are games that have native tokens to internal payments, etc. These guys have grown up generating money with native tokens in games, for example. Then understanding bitcoin for them is simple.

OP: Yeah, about knowledge, as you mention, the people do not complain about that knowledge with Fiat, but since it is tangible, the mere fact of giving physical money to a person empowers them in the immediate action of purchase.
But not for teenagers, these young people understand bitcoin without the need for as much associated knowledge, as previous generations did with traditional money. (Fiat)

For this reason, each time, these young people today, at their life decisions as professionals, politicians, entrepreneurs, the vision of bitcoin will exist. Hence,  the people only adhere to all this, because the use of bitcoin will already be an everyday occurrence.


Title: Re: Btc and people knowledge
Post by: rachael9385 on February 24, 2024, 11:11:38 AM
I don't know everything as well OP. But I read and listened because I wanted to learn about Bitcoin. Some people don't do it nor bother themselves to spend time doing this because lack of interest and that drives them not to listen as well. But don't blame them nor force them to believe what we know about Bitcoin because still it ends up with conflicts of ideas and perceptions.

That is why I don't argue with people when talking about Bitcoin as it is hard to convince a close-minded person as they think negatively already. They won't listen as they will also claim that they are right. Honestly, it is just a waste of time and maybe we just accept the truth that not all are able to see the potential value of Bitcoin.
Everything we needed to know about Bitcoin is online and if we know how to sort for information online to get the right data we needed to keep things going. Bitcoin is everywhere and we don't need to start telling people or trying to convince them that they will be profitable when the invested their money on Bitcoin. We have passed that level of trying to force people to invest in Bitcoin because the market is volatile and is everywhere. What is required to influence people to invest in Bitcoin is the result we keep getting from our Bitcoin investment. Result is a tool that will make us to want to do something because we have seen evidence that keeps triggering us.
As one who want to learn, you shouldn't be lazy at all to make your own research about what you don't understand, people who are lazy to do their own research can be scammed even on a day light. So making research about Bitcoin and what's new to it should be our priority daily. There is a lot of advertisements going on on TV and social media about exchanges and other Bitcoin wallets, so anyone that's not aware of Bitcoin when they see such advertisements they also have to do their own research for more details on Bitcoin and why the exchange advert. It is easy to know what Bitcoin is when you make out time to do some search. As Bitcoin is heading to the bull market, you don't need to tell anyone about it or still convince anyone about it, they will learn when they hear people's progress and people stories on how to gained from Bitcoin.


Title: Re: Btc and people knowledge
Post by: spiker777 on February 24, 2024, 11:21:32 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

It is funny because lots of those people who refused to acknowledge BTC and claimed to not trust it at all nowadays are biggest bitcoin diggers. they are trying everything to get their hands on Bitcoin. some of them became so called bitcoin experts and analysis and now teaching others about bitcoin, and predicting bitcoin's price for future. lol
I am sure a lot of people who currently have some thoughts about bitcoin and think bitcoin is a scam and not trustworthy will change their mind in near future, that's what they always do.
they don't know about fiat currency and how they come from but they still use that. because the know that the fiat is important and they need that to buy stuffs. one day they'll understand same thing about bitcoin as well.


Title: Re: Btc and people knowledge
Post by: Promocodeudo on February 24, 2024, 11:24:08 AM
It possible for some who doesn't know how a system works to trust such system, though knowledge is a continues process but their people who doubt a lot and these set persons do not like making research, I don't know their reason for such attitude but what I know for sure is that the don't believe any other monetary system apart from the traditional banking system, no matter what you tell them they will either tell you that you should not involve them in such again because the perceive everything to be a scam, if we look at it very well bitcoin has advertise itself very well to the extent that every man or woman using a smartphone should know it but people are still being skeptical about it which is normal to me because everyone will not accept Bitcoin at the same time.


Title: Re: Btc and people knowledge
Post by: Taskford on February 24, 2024, 01:06:16 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

It is funny because lots of those people who refused to acknowledge BTC and claimed to not trust it at all nowadays are biggest bitcoin diggers. they are trying everything to get their hands on Bitcoin. some of them became so called bitcoin experts and analysis and now teaching others about bitcoin, and predicting bitcoin's price for future. lol
I am sure a lot of people who currently have some thoughts about bitcoin and think bitcoin is a scam and not trustworthy will change their mind in near future, that's what they always do.
they don't know about fiat currency and how they come from but they still use that. because the know that the fiat is important and they need that to buy stuffs. one day they'll understand same thing about bitcoin as well.


Maybe before they don't believe on bitcoin since they don't have enough knowledge to start with it. When they got little knowledge about it then there they come trying to hype someone then telling they are experts and want to take advantage on other newbie people that's why we should never trust any words provided by those self proclaimed experts especially when they tell that newbies should enroll on the trading courses they offer since for that for sure this people could earn a lot from crypto since for sure that's all bullshit and most likely this is scam.

Also those people think about this scam that's why they afraid to participate would surely change their mind especially when there's a lot of people earning some good fortune on their bitcoin and crypto activities.


Title: Re: Btc and people knowledge
Post by: HelliumZ on February 24, 2024, 01:42:49 PM
The world has a population of over 8 billion and most of the people in the world have not got proper knowledge about Bitcoin. There are some countries in the world where most people still do not know much about banks and paper money. Bitcoin became a very different matter in that regard, especially since 90% of people in the world do not know about this virtual currency. But if most of the people in the world knew about this Bitcoin, I cannot imagine what kind of impact it would have on Bitcoin. However, people in all countries of the world will at some point in the future involve banks and paper currency as well as Bitcoin in all their economic activities.


Title: Re: Btc and people knowledge
Post by: Z-tight on February 24, 2024, 01:53:08 PM
Fiat is centralized and it is printed by the government through the banks, so people trust the banks and their government, they have always understood the centralized system and the banking industry, so even if they do not actually understand how money works, they 'trust' their government. BTC is a new type of money that is decentralized, censorship resistant and permissionless, so it is harder for people to believe in BTC, some of them think it is nothing but a scam tool and if they buy BTC they'll surely lose their money.

It is hard to change people's ideas about BTC because of what is published in the media about it, however the demand for BTC continues to increase, fiat currencies are constantly losing value too, and there is censorship in the bank, because of this, more people are going to join the BTC network for its censorship resistant nature.


Title: Re: Btc and people knowledge
Post by: Cryptomultiplier on February 24, 2024, 02:22:41 PM
The various court cases that cryptocurrency and some exchanges who trade their coins have had with government agencies has surely helped to paint new ideas of what BTC is to people who may be considering owning some or trading with it.
Still, many can't differentiating BTC from crypto currency and that's the start of confusion. Until they can't tell the difference apart, would they be able to fully grasp it's concept, as well as join a forum like this where the knowledge is broadly discussed.

It's actually the younger generation and those who are yet to gain employment,  that does know much more than many of us who have grown accustomed to office hours for the fiat that is mainly recognized as legal tender for transactions and payments.


Title: Re: Btc and people knowledge
Post by: Uhwuchukwu53 on February 24, 2024, 03:54:48 PM
That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.

Laughable but of a Truth that's the nature of some human being, the worst is that even when they know they  are ignorant, refuse to put effort in place to know. I realized that not everyone one take opportunity even the fiat currency not everyone has bank account or have knowledge about it. Human operate in for stages those who seek for opportunity, take advantage at any given point ,the last four stage are those that venture into something when the thing is difficult to operate example before you can open bank account with Local government ID but today is not possible you most provide other details.that will be the nature of Bitcoin to those that don't seek to know or venture into it but waiting when all things made ready at there door step.


Title: Re: Btc and people knowledge
Post by: Rufsilf on February 24, 2024, 05:12:30 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

It's human nature to hesitate and ask a lot of questions about some matters since it involves their money, so of course there's nothing wrong with being cautious about the things you become involved with, especially if money is involved. When we deposit money into traditional banks, for example, we naturally become comfortable because we believe that our funds are safe because banks have security measures in place and we can contact them directly if there is an issue or conflict with our account. However, with bitcoin, we merely have our wallets to store our bitcoin investments, and we are naturally accountable if we lose our account.
Despite the block chain technology, we still need to protect our private keys in order to guarantee the security of our bitcoin.


Title: Re: Btc and people knowledge
Post by: Hypnosis00 on February 24, 2024, 07:19:17 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
So many questions that people must know but whom do they ask? We can't question why they don't trust Bitcoin because of the spread of wrong information on the internet and scam issues. I'm sure they hear Bitcoin but they don't bother to know it more because of the lack of interest. And the sad thing is that most of us usually believe what we have heard rather than believe of what really the purpose of Bitcoin is.
Quote
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

It was easy to fool innocent people, influencers and many known personalities do this and many have followed. As I've said, many will listen and believe what they have heard and get satisfied without any verification if that is true or not.


Title: Re: Btc and people knowledge
Post by: Ale88 on February 25, 2024, 05:19:36 AM
It's human nature to hesitate and ask a lot of questions about some matters since it involves their money, so of course there's nothing wrong with being cautious about the things you become involved with, especially if money is involved.
Personally, I have to disagree with this statement. Probably it's also a cultural thing but many people are very reluctant to talk about money, in several parts of the world is almost a tabu topic because some could be ashamed of their salaries and in general many countries don't have a high level of financial culture, so it's not even common to discuss about money and investment simply because they know nothing about it. It's like looking for people who talk about rocket science with their friends, I mean, who does that?


Title: Re: Btc and people knowledge
Post by: boty on February 25, 2024, 06:35:16 AM
It's human nature to hesitate and ask a lot of questions about some matters since it involves their money, so of course there's nothing wrong with being cautious about the things you become involved with, especially if money is involved. When we deposit money into traditional banks, for example, we naturally become comfortable because we believe that our funds are safe because banks have security measures in place and we can contact them directly if there is an issue or conflict with our account. However, with bitcoin, we merely have our wallets to store our bitcoin investments, and we are naturally accountable if we lose our account.
Despite the block chain technology, we still need to protect our private keys in order to guarantee the security of our bitcoin.
If we don't dare to ask about something related to money then this is very likely that we will use our money on the wrong things and it is very important to be careful in using money if we don't know it properly it would be better if we ask those who have understood better than using our money on the wrong things.
It is true that saving money in the bank will make the money we save more secure and if a problem occurs we can immediately resolve it with the bank and with Bitcoin we have to really look after the wallet in which we store the Bitcoin well and don't lose it. the account that we have.


Title: Re: Btc and people knowledge
Post by: oktana on February 25, 2024, 10:49:31 AM
They say you can take a horse to the river but can’t force it to drink. If I see an opportunity to converse and discuss about Bitcoin and its importance, I would. However if the person is claiming to know too much, I won’t force them. You can choose to be blinded or have an open mind to learn. People like to follow blindly; when maybe an influencer or a public figure asks them to use Bitcoin then maybe that’s when.


Title: Re: Btc and people knowledge
Post by: AnonBitCoiner on February 25, 2024, 11:36:39 AM
The purpose of life is not earning money but it should be earn for fulfilment of needs if we consider money as a purpose of life then we will be unable to enjoy life but will be busy in only earning. The bitcoin is popular currency but people living in villages are not familiar with it because they are only involved in doing jobs and their mind is not accepting online earning. There are also large number of people who are buying bitcoin, invest in bitcoin but don't want to trust it so I think they also don't know much about bitcoin.


Title: Re: Btc and people knowledge
Post by: harapan on February 25, 2024, 11:52:30 AM
That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.
Humans are mainly obsessed with what they see physical or what they where born into, that is the reason Bitcoin is most likely adopted by the young ones. Most of this people still believe there is nothing like Bitcoin since it is nothing physical and getting to find out the person behind Bitcoin has remained anonymous upto this date this will cause them to avoid by all means yet we can term it ignorance.
They are so interested in shorter and quicker methods to make money.People like shortcut and they believe that nothing seems to come out of bitcoin.They just choose to be reluctant and hesitate on a life changing opportunity that seems easy.
Bitcoin is one of the easiest business to embark on compared to what is in circulation presently yet people find it difficult to acquaint themselves with bitcoin systems.


Title: Re: Btc and people knowledge
Post by: Questat on February 25, 2024, 12:09:56 PM
The purpose of life is not earning money but it should be earn for fulfilment of needs if we consider money as a purpose of life then we will be unable to enjoy life but will be busy in only earning. The bitcoin is popular currency but people living in villages are not familiar with it because they are only involved in doing jobs and their mind is not accepting online earning.
It was just in the past years but now, MONEY gives happiness to the people. You can't be happy if you are hungry and can't provide yourself a good living, Am I right? In fact, that is the reason why people work hard and have sleepless nights, do some investments, etc because they want to earn more money. Besides, that is also one reason why they are investing in Bitcoin.

Quote
There are also large number of people who are buying bitcoin, invest in bitcoin but don't want to trust it so I think they also don't know much about bitcoin.
That seems exceptional and you are right, yet that was a big mistake. Before starting to invest in Bitcoin or any form of investment, there should be TRUST exists. It means that we already acquired knowledge about this and fully understand it.


Title: Re: Btc and people knowledge
Post by: Republikcoin.com on February 25, 2024, 12:47:52 PM
They say you can take a horse to the river but can’t force it to drink. If I see an opportunity to converse and discuss about Bitcoin and its importance, I would. However if the person is claiming to know too much, I won’t force them. You can choose to be blinded or have an open mind to learn. People like to follow blindly; when maybe an influencer or a public figure asks them to use Bitcoin then maybe that’s when.

Indeed, in any case it will not be so good if there is a compulsion for us to follow it, even though that is a learning thing for Bitcoin. Because everyone can probably see the difference between people who are serious about studying without forcing themselves or being forced by others and people who really feel forced to learn something. And in this case I also agree more with what you said that everyone must see the right moment to learn and say more things when conditions are sufficient. But if you continue to push yourself to learn more about Bitcoin and it feels good enough for yourself, I think it's not wrong to do it as long as you have the ability.


Title: Re: Btc and people knowledge
Post by: tygeade on February 25, 2024, 03:35:53 PM
Btc comes with modern investment and is carried from community to community, activists and people who study it, over time until countries slowly adopt it for the public, so now it is not difficult to find and buy the easiest and smallest way, Bitcoin is very good for investment and it's never too late to start investing. Fiat money is legal tender in a country, although it does not have a fluctuating value but money is easier for all ages to use even with basic math for daily transactions and fixed value has not always had a bad image. I agree that money and bitcoin can be owned according to function and needs. Bitcoin is a good complement among other investments.
It is true that it is a gradual process that goes from people to people and growing group by group eventually reaching a nation sized place. I think it should be possible to make bitcoin even more public when the bull comes because everyone will want a piece of it, but the real trouble begins when people leave it during the bear run as well.

The trick is that, if you can invest and make money during bull period that's easy, but during bear period you can't invest and make money, so you need to show people how they could work for it during those times, not spend a dollar, just their time and they could make money during bear period that could double or triple even more in the future when the bull run comes to keep them involved.


Title: Re: Btc and people knowledge
Post by: Rufsilf on February 25, 2024, 03:41:45 PM
It's human nature to hesitate and ask a lot of questions about some matters since it involves their money, so of course there's nothing wrong with being cautious about the things you become involved with, especially if money is involved. When we deposit money into traditional banks, for example, we naturally become comfortable because we believe that our funds are safe because banks have security measures in place and we can contact them directly if there is an issue or conflict with our account. However, with bitcoin, we merely have our wallets to store our bitcoin investments, and we are naturally accountable if we lose our account.
Despite the block chain technology, we still need to protect our private keys in order to guarantee the security of our bitcoin.
If we don't dare to ask about something related to money then this is very likely that we will use our money on the wrong things and it is very important to be careful in using money if we don't know it properly it would be better if we ask those who have understood better than using our money on the wrong things.
It is true that saving money in the bank will make the money we save more secure and if a problem occurs we can immediately resolve it with the bank and with Bitcoin we have to really look after the wallet in which we store the Bitcoin well and don't lose it. the account that we have.
Because, when you actually get down to it, all that truly matters is the confidence that your money won't end up in the wrong hands. You can store your money anywhere you wish, be it a bank or on bitcoin. It is a positive thing, in my opinion, that more people will gradually learn about bitcoin and the progress it has achieved over time.  I think there's a chance that the market may become greater in value and turn into a bull market when more people understand it and how it operates. This is because more investors will be willing to put money into it.  Perhaps other people are also unaware of it, which is why I believe that there should be some people who will inform them and introduce them to bitcoin. However, people should be cautious about who they trust because there are a lot of scams these days due to the financial crisis that some countries are going through.


Title: Re: Btc and people knowledge
Post by: KingsDen on February 25, 2024, 09:30:13 PM
People question and double new innovations much. Especially when they are not forced to adopt it. When they are given freewill to choose they'll question every process and actions. But when they are coerced, they have no option than to adhere. In the case of fiat and banks, I think the older people also resisted the idea of banks and money when it was at the early stage. Maybe from the days of barter to advancing to the money stage was actually not easy.

People are doubting bitcoin today because they doubted television and gave it all sorts of names. People doubted electricity and vowed not to use it, but today many people are using it. So, it is nice if bitcoin is not fully embraced now, but then the future is bright.


Title: Re: Btc and people knowledge
Post by: freedomgo on February 25, 2024, 09:40:21 PM
It's human nature to hesitate and ask a lot of questions about some matters since it involves their money, so of course there's nothing wrong with being cautious about the things you become involved with, especially if money is involved.
Personally, I have to disagree with this statement. Probably it's also a cultural thing but many people are very reluctant to talk about money, in several parts of the world is almost a tabu topic because some could be ashamed of their salaries and in general many countries don't have a high level of financial culture, so it's not even common to discuss about money and investment simply because they know nothing about it. It's like looking for people who talk about rocket science with their friends, I mean, who does that?
Talking about money or personal investments, it’s always best to deal on it privately. I mean no one needs to know about your current earnings, and how high your money grows in your bank account. So never obligate other people to answer questions like these since you are already ruining their privacy, or some people would not want to talk about it since they are low income earners and they have no investments to share. As long as it involves money, one should put some privacy into it since it’s a very sensitive topic.


Title: Re: Btc and people knowledge
Post by: Rufsilf on February 25, 2024, 09:58:34 PM
It's human nature to hesitate and ask a lot of questions about some matters since it involves their money, so of course there's nothing wrong with being cautious about the things you become involved with, especially if money is involved.
Personally, I have to disagree with this statement. Probably it's also a cultural thing but many people are very reluctant to talk about money, in several parts of the world is almost a tabu topic because some could be ashamed of their salaries and in general many countries don't have a high level of financial culture, so it's not even common to discuss about money and investment simply because they know nothing about it. It's like looking for people who talk about rocket science with their friends, I mean, who does that?
In this context, I refer to individuals who invest in or keep their money in banks or bitcoin. If someone were to suggest to you that you invest in bitcoin with a friend or mentor, even though you have no prior knowledge of the cryptocurrency, you would understandably wonder why. If we invested our money there, what would we get from it? You have the right to know where your money is going because it's yours, even if you decide to invest in bitcoin and receive interest. I'm not stating how much money they make or how much they get paid; rather, I'm just curious as to how it functions or turns into money if you can't see that it's holding any. Naturally, I also want to know why we can profit from bitcoin—does it have funding sources or is it just something that the market has been selling?


Title: Re: Btc and people knowledge
Post by: bitzizzix on February 25, 2024, 10:07:22 PM
That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.
Humans are mainly obsessed with what they see physical or what they where born into, that is the reason Bitcoin is most likely adopted by the young ones. Most of this people still believe there is nothing like Bitcoin since it is nothing physical and getting to find out the person behind Bitcoin has remained anonymous upto this date this will cause them to avoid by all means yet we can term it ignorance.
They are so interested in shorter and quicker methods to make money.People like shortcut and they believe that nothing seems to come out of bitcoin.They just choose to be reluctant and hesitate on a life changing opportunity that seems easy.
Bitcoin is one of the easiest business to embark on compared to what is in circulation presently yet people find it difficult to acquaint themselves with bitcoin systems.
This is a common problem for those who do not know the uses and benefits of Bitcoin if involved. And in my opinion, only a very detailed explanation of Bitcoin's functions and systems can make them interested in getting involved. However, it will be a problem if what happens is not as expected.
And currently only those with curiosity and intelligence can understand Bitcoin in detail and run it in their own way, or ask the right people to learn more about Bitcoin.
But I am sure that as time goes by, they will get involved because we know that the growth of Bitcoin continues to grow and also continues to be popular and this is proof that Bitcoin users continue to increase as time goes by.


Title: Re: Btc and people knowledge
Post by: Mauser on February 26, 2024, 08:19:33 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

   

I think that it's fine if you don't know what crypto currencies or bitcoins in particular are. Nobody in the world knows everything, and to be open about what you don't know is a good thing. But if you have no clue about bitcoins, then you should be listening to people who have knowledge about the subject. The whole financial system is complex and I can understand if people feel overwhelmed and don't want to learn how everything works. Unfortunately, this is going to have a lot of negative consequences later in life. Without real knowledge about, finance, economics and money it will be hard to invest your money in the right place. My grandfather’s generation also had no idea about money, but they would believe in the bank. It was common back in the days to go regularly to the bank and have one fixed sales person looking after you for 30 years. There was a lot of trust between the bank and the investors, and they would be buying anything that the bank recommended, even if it was a bad investment. So, we shouldn't feel bad about the average person struggling to understand the financial and monetary system, let's try and teach them.


Title: Re: Btc and people knowledge
Post by: Su-asa on February 26, 2024, 10:29:08 AM
If you want to make a living from Bitcoin investment you should need  Bitcoin technology knowledge but you can also pay more attentions on investing as you learn alongside. Your level of success in making profits through Bitcoin investment depends on how much knowledge you have and what knowledge you have. If you have the knowledge of trading you get the rewards of trading, if you also have the knowledge, patient on holding and accumulating you will also get bigger rewards of holding. Alongside that, misconceptions of Bitcoin made people lose their money on Bitcoin, like I said the knowledge you have will give you what you want.


Title: Re: Btc and people knowledge
Post by: summonerrk on February 26, 2024, 01:17:21 PM
You have mixed quite a lot of topics in one statement. I do not think that knowledge about the crypto and lack of financial literacy are the same things.
They are in slightly different spheres. Most people do not know how to use money, this is a fact, but many people know how to invest in stocks and manage money, this is so.
However, many of them do not know about cryptocurrencies, which provide economically literate people with huge opportunities. This is like a multiplier with which you can earn quickly if you look at cryptocurrencies from a speculative point of view.


Title: Re: Btc and people knowledge
Post by: Blitzboy on February 26, 2024, 01:26:29 PM
The majority blindly accept fiat without interrogating its foundations. Yet, when it comes to Bitcoin, skepticism abounds. Our collective illiteracy and social standards are starkly shown.

Knowing is liberating, not simply powerful. More than a money, Bitcoin challenges the existing quo and asks what we value and why. How ironic? Some who denigrate Bitcoin for its complexity dot understand the basics of the financial systems they trust. Thats not only about cash; it shows our openness to question and learn.

Imagine if fiat was scrutinized like Bitcoin. Curiosity and critical thought are encouraged, not naïve faith in technology or people. Bitcoin is an asset that reflects our values of innovation, trust, and value.


Title: Re: Btc and people knowledge
Post by: Miles2006 on February 26, 2024, 01:30:56 PM
People without the knowledge of bitcoin should not be blamed and surprising some have never heard about a digital currency like bitcoin while some don't just want to accept the technology, which category are you referring to if I may ask. We should not blame people without the knowledge but we should inform and educate them about bitcoin. Even with this statement I still can't believe most people have never heard about bitcoin now in this modern world when everything is attached to the internet and you let ignorance prevail.
People still don't trust bitcoin and they prefer holding fiat due to what they heard about the internet etc. Holding fiat is not so bad besides we still make use of fiat, the difference here is bitcoin is an asset meanwhile fiat is not, holding bitcoin has profit attached so it's advisable people should accept and love the modern technology.


Title: Re: Btc and people knowledge
Post by: yazher on February 26, 2024, 03:53:07 PM
Of course, those people who were used to investing in traditional ways of investment or making money, don't have any idea how bitcoins work and if they want to know about it, you can just simply clear any misconceptions and let them know everything they need in order to prevent them from Ponzi Schemes that are using cryptocurrencies as their props. Many people thought at first that investing in bitcoins and investing on those high ROI scams are the same which makes them not trust bitcoins anymore because they have been deceived because of their ignorance. If only they had taken some time to equip themselves with proper knowledge before investing, they would have not fallen into such schemes.


Title: Re: Btc and people knowledge
Post by: Rockstarguy on February 26, 2024, 04:41:49 PM
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

You won't blame for them to have so much believe concerning the fiat, this is what they come up to see from the day they were born which they have been using and believe in it, so if they doubt cryptocurrency it is not their fault because cryptocurrency is new to them. It will only take people time to really understand what cryptocurrency,  and zee the benefits which will make for them to embrace cryptocurrency.

 We learn everyday and the world is changing everyday, it is through exposure and learning that can change the mentality and make us understand that their is something better than the fiat currency.

It is normal that people will be sceptical about cryptocurrency because of ignorance but time will come when they will understand that the fiat currency has failed and no one needs to preach to them to go for bitcoin. I don't blame people when they are so sceptical about bitcoin because many of us who know bitcoin we were once like them too when we first came across bitcoin. It is just a matter of time and the right time they will understand what it is.


Title: Re: Btc and people knowledge
Post by: dezoel on February 26, 2024, 05:14:33 PM
They trust fiat currencies and traditional financial systems because they have been around for a very long time, they were used by their ancestors and everyone that lived and died before them. They don't care about where it comes from, who created it, who is managing it, but such people only think that it isn't trusted because it's new and they mean that their parents and grandparents haven't been supporters of it so they feel hesitant.

This wouldn't be the case for generations to come when they would know that their parents and grandparents and people before them used to use Bitcoin and cryptocurrencies and they have been around for quite sometime, they wouldn't ask a lot of questions about trust or anything because they would already have confidence in it.


Title: Re: Btc and people knowledge
Post by: Obim34 on February 26, 2024, 10:42:55 PM
That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.
Humans are mainly obsessed with what they see physical or what they where born into, that is the reason Bitcoin is most likely adopted by the young ones. Most of this people still believe there is nothing like Bitcoin since it is nothing physical and getting to find out the person behind Bitcoin has remained anonymous upto this date this will cause them to avoid by all means yet we can term it ignorance.
They are so interested in shorter and quicker methods to make money.People like shortcut and they believe that nothing seems to come out of bitcoin.They just choose to be reluctant and hesitate on a life changing opportunity that seems easy.
Bitcoin is one of the easiest business to embark on compared to what is in circulation presently yet people find it difficult to acquaint themselves with bitcoin systems.
It is now clear enough that no matter how popular and valuable Bitcoin becomes not everybody will deem it necessary or beneficial for them to invest their money.
I don't know how brainwashed they have become to maybe think Altcoins are actually the best to invest due to shorter time of giving ROI unlike Bitcoin but one should first at most consider the safety of his/her funds as it may not have gone like planned.


Title: Re: Btc and people knowledge
Post by: Mate2237 on February 26, 2024, 11:02:23 PM
In life everyone started from the unknown to the known. And most of us here started like that. We started from the unknown to the known. And that is why when you read the most of the people here their first knowledge or experience in bitcoin you would discover that the knowledge of bitcoin was not found in them but it was when they came here the knowledge was given. Well bitcoin is a digital currency which is meant to buy goods and services online but that part of it is not effective as the investment part in this day.


Title: Re: Btc and people knowledge
Post by: Marvelman on February 27, 2024, 01:19:05 AM
Well bitcoin is a digital currency which is meant to buy goods and services online but that part of it is not effective as the investment part in this day.

Yes, Bitcoin is meant to buy things, but I kinda think that's old news.  I mean sure, that was the original idea back in the day.  But let's be real here - nowadays the whole investment side of crypto is blowing up and  folks are making bank hand over fist just trading and hodling, and I can't blame them for hopping on that train! 

I get it I get it - youre probably one of those hardcore Bitcoin is for the people types.  But the way the world works these days, when people see a money-making opp they grab it.  That don't necessarily make them wrong or nothing, they're just playing a different game.


Title: Re: Btc and people knowledge
Post by: Luzin on February 27, 2024, 01:54:19 AM
I get it I get it - youre probably one of those hardcore Bitcoin is for the people types.  But the way the world works these days, when people see a money-making opp they grab it.  That don't necessarily make them wrong or nothing, they're just playing a different game.


Yes, money to make ends meet has always been an attraction for everyone. So there will be many people coming who want to join. But this is sometimes what criminals take advantage of to cheat. So some people are deceived and give bad value to Bitcoin. In addition, there are many people who may not be able to survive. They don't learn and tend to give up because of losses and failures. In addition, nowadays many people do not dare to take risks, they tend to choose to hire expertise services to work in companies or countries.


Title: Re: Btc and people knowledge
Post by: Out of mind on February 27, 2024, 04:28:47 AM
Almost most of the people in the world know what Bitcoin is now, so people are now very loyal to Bitcoin. There was a time when people didn't believe in Bitcoin and the digital currency, but nowadays most of the people are involved in investing with this Bitcoin. In today's era, Bitcoin has gained trust of people due to which more people invest in Bitcoin than banks. However, generally, people now invest and hold bitcoins to keep their money safe. But I believe it is safer to hold an investment in Bitcoin than real currency, and I trust Bitcoin.


Title: Re: Btc and people knowledge
Post by: ancafe on February 27, 2024, 06:14:17 AM
Yes, money to make ends meet has always been an attraction for everyone. So there will be many people coming who want to join. But this is sometimes what criminals take advantage of to cheat. So some people are deceived and give bad value to Bitcoin. In addition, there are many people who may not be able to survive. They don't learn and tend to give up because of losses and failures. In addition, nowadays many people do not dare to take risks, they tend to choose to hire expertise services to work in companies or countries.
Most people are trapped by a fraud system because it is based on the desire to produce a big quick profit and bitcoin is a tool used by irresponsible people. Therefore it is important knowledge to avoid fraud in the name of anything because if someone ordinary understanding the problem will be much easier to be deceptive. Comfortable zones that make people hold back and unproductive because they are caused by fear of facing risks, even though there is no victory without betting and waiting without doing anything will have an impact.

Many things we can achieve as long as we dare to get out of the comfort zone and if Bitcoin does not give confidence to themselves. There are many other ways that can be taken because now many things can make money, depending on how we can use and continue to run with full responsibility.


Title: Re: Btc and people knowledge
Post by: _BlackStar on February 27, 2024, 07:02:28 AM
-snip-
Most people are trapped by a fraud system because it is based on the desire to produce a big quick profit and bitcoin is a tool used by irresponsible people. Therefore it is important knowledge to avoid fraud in the name of anything because if someone ordinary understanding the problem will be much easier to be deceptive. Comfortable zones that make people hold back and unproductive because they are caused by fear of facing risks, even though there is no victory without betting and waiting without doing anything will have an impact.

Many things we can achieve as long as we dare to get out of the comfort zone and if Bitcoin does not give confidence to themselves. There are many other ways that can be taken because now many things can make money, depending on how we can use and continue to run with full responsibility.
Of course - there are many scam investment products in the name of bitcoin and others that promise profits, when in fact it is something designed to trap greedy people. Knowledge and high curiosity can prevent someone from being caught in a scam attempt - whereas someone who easily believes without research will get caught in it.

Bitcoin has great interested among people who know what Bitcoin is - but their laziness and unwillingness to learn will get them caught in the trap of scammers. I hope that the many cases of fraud that occur and spread everywhere can be a lesson for other users - they just need to learn how to avoid it.


Title: Re: Btc and people knowledge
Post by: Barikui1 on February 27, 2024, 07:41:43 AM
You don't have to be that surprised if someone told you that he knows nothing about Bitcoin because not everyone is enlightened, we live in a world were technology have practically taken over everything in our daily lives but in some places around the world, it's only few people that have access to phone, computers and laptops so in such environment, you don't expect most people to be aware of what's going on around them.

Places like Africa and Asia, no disrespect to people there, that's where you see most cases, and secondly, you know that Bitcoin doesn't do advertising, so the easiest way it mostly gains popularity is when the government of most states fights it, because unknowingly to them, they are spreading Bitcoin and what it entails to the masses.


Title: Re: Btc and people knowledge
Post by: cryptoWODL on February 27, 2024, 07:46:07 AM
In life everyone started from the unknown to the known. And most of us here started like that. We started from the unknown to the known. And that is why when you read the most of the people here their first knowledge or experience in bitcoin you would discover that the knowledge of bitcoin was not found in them but it was when they came here the knowledge was given. Well bitcoin is a digital currency which is meant to buy goods and services online but that part of it is not effective as the investment part in this day.
Now as the present time is technology dependent time so now in every country of the world technology is developing along with people are becoming modern. As people are becoming modern they are immersing themselves with technology due to which people are now attracted to cryptocurrencies. There was a time when people didn't know what Bitcoin was but nowadays most people now know and understand about Bitcoin.

There are various countries in the world where various products are bought and sold through Bitcoin and some countries have already legalized Bitcoin. There are many investors who have earned a lot of money by holding or trading bitcoins and have been able to change their lives just by using bitcoins.


Title: Re: Btc and people knowledge
Post by: CryptoBuds on February 27, 2024, 08:00:07 AM
That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.
Humans are mainly obsessed with what they see physical or what they where born into, that is the reason Bitcoin is most likely adopted by the young ones. Most of this people still believe there is nothing like Bitcoin since it is nothing physical and getting to find out the person behind Bitcoin has remained anonymous upto this date this will cause them to avoid by all means yet we can term it ignorance.
They are so interested in shorter and quicker methods to make money.People like shortcut and they believe that nothing seems to come out of bitcoin.They just choose to be reluctant and hesitate on a life changing opportunity that seems easy.
Bitcoin is one of the easiest business to embark on compared to what is in circulation presently yet people find it difficult to acquaint themselves with bitcoin systems.
It is now clear enough that no matter how popular and valuable Bitcoin becomes not everybody will deem it necessary or beneficial for them to invest their money.
I don't know how brainwashed they have become to maybe think Altcoins are actually the best to invest due to shorter time of giving ROI unlike Bitcoin but one should first at most consider the safety of his/her funds as it may not have gone like planned.

If someone thinks that all altcoins are better than bitcoin and worth investing in, it is a wrong thought but investing in altcoins is not a bad idea. Not all altcoins are scams and unprofitable. If you do not have enough experience and knowledge, stay away from new altcoins but top altcoins like ETH or BNB are not too bad to invest in.
I know saying this will make many bitcoiners hate it, but the truth is that if you invest in ETH or BNB the returns they bring you will be more significant than bitcoin these days. Many people are trying to deny and don't want to mention this but it is the truth. But everything is very fair, bitcoin cannot bring bigger profits than ETH and BNB but in terms of safety, BTC is still much safer.


Title: Re: Btc and people knowledge
Post by: Obim34 on February 27, 2024, 08:47:46 AM
That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.
Humans are mainly obsessed with what they see physical or what they where born into, that is the reason Bitcoin is most likely adopted by the young ones. Most of this people still believe there is nothing like Bitcoin since it is nothing physical and getting to find out the person behind Bitcoin has remained anonymous upto this date this will cause them to avoid by all means yet we can term it ignorance.
They are so interested in shorter and quicker methods to make money.People like shortcut and they believe that nothing seems to come out of bitcoin.They just choose to be reluctant and hesitate on a life changing opportunity that seems easy.
Bitcoin is one of the easiest business to embark on compared to what is in circulation presently yet people find it difficult to acquaint themselves with bitcoin systems.
It is now clear enough that no matter how popular and valuable Bitcoin becomes not everybody will deem it necessary or beneficial for them to invest their money.
I don't know how brainwashed they have become to maybe think Altcoins are actually the best to invest due to shorter time of giving ROI unlike Bitcoin but one should first at most consider the safety of his/her funds as it may not have gone like planned.

If someone thinks that all altcoins are better than bitcoin and worth investing in, it is a wrong thought but investing in altcoins is not a bad idea. Not all altcoins are scams and unprofitable. If you do not have enough experience and knowledge, stay away from new altcoins but top altcoins like ETH or BNB are not too bad to invest in.
I know saying this will make many bitcoiners hate it, but the truth is that if you invest in ETH or BNB the returns they bring you will be more significant than bitcoin these days. Many people are trying to deny and don't want to mention this but it is the truth. But everything is very fair, bitcoin cannot bring bigger profits than ETH and BNB but in terms of safety, BTC is still much safer.
I think it's hard for me to conceive the idea of ETH and BNB giving much profits than BTC, this same top Altcoins are the ones still correlated Bitcoin and most times if Bitcoin dumps same happens to them.
Analytically, during the bear market Bitcoin dumped to $20k,if anyone should have invested massively at that point then compare the profits to be made out of that investment with this current price of $55k.


Title: Re: Btc and people knowledge
Post by: Riginac111 on February 27, 2024, 09:00:41 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they
If people said that they don't know about Bitcoin and they cannot invest on Bitcoin because the Lack trust in Bitcoin you don't have anything to do is that you should refer them to a link or an article they will read the concerning Bitcoin so that they will understand what bitcoin is all about different people explain different things in Bitcoin so it is good for you to give them and insight where they can read and understand the originality of Bitcoin and the also the functions of Bitcoin because when your eyes is being covered they will think that everything around you is black color but where your eyes is open you see different colors and understanding it, so that is how bitcoin is all about, so if you don't know about Bitcoin you will condemn it but if you know bitcoin you will be speaking good of bitcoin.


Title: Re: Btc and people knowledge
Post by: Chris1520 on February 27, 2024, 10:11:33 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.


Thats true ! We've seen exactly that with the vaccine. One well known person, Bill Gates, saying the vaccines are magical, and people believe it and went along with that idea in mind to get their shot.

It's a sad thing to realise that a community (the people) are so kept in the dark as in regards of what money is & how it works. I mean, the information is out there, its accessible, but only few go out to seek the truth ! Most persons are complaining, repeting some old narrative they hear from a colleague or a neighboor like : ''We pay this with out taxes !'', but they have absolutely no clue of the deeper meaning of the words they just said. And worse...they dont really care. They are fine with complaining, as long as it doesnt require any sort of action or gesture on their part. This is the blind & easy way.

I hope I haven't gone too much off topic here :P


Title: Re: Btc and people knowledge
Post by: Chris1520 on February 27, 2024, 10:49:38 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
It is just an excuse that these people give themselves so they do not invest in bitcoins. Although there are many wrong and contrary information regarding bitcoins, there is still the correct information about it if only these people will make the extra effort to try and check online for it.

Don't waste too much time trying to convince anybody that is proving too difficult to convince about bitcoins, leave them to their own opinions and focus on gathering more bitcoins so that later on in the future they will see the results of the decision that they refused to take.

A lot of people, mostly boomers, aren't technology friendly, which make the ''learning process'' way harder for couple reason :

- They dont know how to access/research information on internet
- It goes against every thing they knew for the last 50 + years
- They FEAR complexity

So I dont think it is necessary only about an excuses/making the effort.
But off course, excluding lets say a majority of boomers, I do agree with you that many aren't willing to make the effort !

[/quote]]
It is just an excuse that these people give themselves so they do not invest in bitcoins. Although there are many wrong and contrary information regarding bitcoins, there is still the correct information about it if only these people will make the extra effort to try and check online for it.
Don't waste too much time trying to convince anybody that is proving too difficult to convince about bitcoins, leave them to their own opinions and focus on gathering more bitcoins so that later on in the future they will see the results of the decision that they refused to take.
[/quote]

Fully agree ! Once ready, they will come back to us.
Once a seed planted....it may grow. If so, our job as BTC Pastor has been achieved :P



***Having some quote issue.


Title: Re: Btc and people knowledge
Post by: yudi09 on February 27, 2024, 11:02:55 AM
-snip-
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.
People know about money, but not many people know how money works, starting from the process and mechanism by which money is printed to how much is printed each year.
People know Bitcoin and often hear the name Bitcoin, but not those who know how it works and other things about Bitcoin.

From not knowing will change to knowing their ignorance about money and Bitcoin. When you know, you can make comparisons about which is good and which is good.
On the other hand, when people say they don't know about Bitcoin, maybe they don't want to explain more clearly what they know about Bitcoin so that other people can't read it.


Title: Re: Btc and people knowledge
Post by: Gladitorcomeback on February 27, 2024, 12:10:13 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.

There is no excuse for this sentence any more. BTC is not remains unknown things. Anyone who claiming that he don't know about btc will lie or will be ignorant man. I don't see any site where crypto news not found. Youtube, Facebook, Twitter, Telegram showing ads of Binance, Bybit where btc remains on the top. Whole world started adopting btc and if some ignorant people want to be ignorant in fast technology era then there is no solution for such kind of people except leaving them alone.

I am living in a country where devolping is not like Europe and our education level is low in current stage and crypto buying and selling is also not allowed but here 80% people  knows the importance of btc and most of them holding for long term while people of devolped country will be more mature.


Title: Re: Btc and people knowledge
Post by: Bitcoinsummoner on February 27, 2024, 12:58:28 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.

If people don't know about money then how can they know about BTC? You know many people knows money is nothings for emotions but many people give another conceptions about money because they know money is everything for living. Money do all kind of activities. So, many people says a stupid concept about money. According this concept, they want to be fool so that people shows sympathy to them.


Title: Re: Btc and people knowledge
Post by: Baki202 on February 27, 2024, 01:57:30 PM
People without the knowledge of bitcoin should not be blamed and surprising some have never heard about a digital currency like bitcoin while some don't just want to accept the technology, which category are you referring to if I may ask. We should not blame people without the knowledge but we should inform and educate them about bitcoin. Even with this statement I still can't believe most people have never heard about bitcoin now in this modern world when everything is attached to the internet and you let ignorance prevail.
People still don't trust bitcoin and they prefer holding fiat due to what they heard about the internet etc. Holding fiat is not so bad besides we still make use of fiat, the difference here is bitcoin is an asset meanwhile fiat is not, holding bitcoin has profit attached so it's advisable people should accept and love the modern technology.
people have heard and people have learned to make excuses for what will help them get money if not now When I first heard about Bitcoin, I was not that convinced because I was not sure where the profit was coming from until it was properly explained. With my research, I was convinced, and my interest in it grew. People who have an interest in it have certain things that keep them, mainly money to invest. because to invest in Bitcoin, you need money to do anything.

And the innovation of Bitcoin as a digital currency makes it interesting since all we are trying to do is alternate, and look for other means of payment. and Bitcoin have been introduced to the system. Even though there are programs that use Bitcoin, you have the option to learn a skill so you can give such programs a try. With a little research, you won't have a problem investing or even trading. And the way things are going, bitcoin is far better than fiat.


Title: Re: Btc and people knowledge
Post by: Fivestar4everMVP on February 27, 2024, 05:55:08 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

Well, first, you have to understand that fiat and bitcoin are not the same age, fiat currencies have been even before most of born were born, and even till now, it's still here and have been serving as a means of buying and selling for everybody.
And on other hand, bitcoin was invented in 2009, and fully become a market commodity in 2010, that's around 15 to 16 years ago, the popularity of bitcoin can't be compared to that of fiat, and without much arguments, it's very understandable why it's like most people still lack the basic knowledge of bitcoin, bitcoin is still very young, forget the fact it's doing well in the market today and worth thousands of dollars, there is still a lot of people in the world who still have not or has never heard of bitcoin before, it is with time that such people will be on boarded, the same way you and I and everyone else are here today.


Title: Re: Btc and people knowledge
Post by: AnonBitCoiner on February 27, 2024, 06:27:27 PM
Almost most of the people in the world know what Bitcoin is now, so people are now very loyal to Bitcoin. There was a time when people didn't believe in Bitcoin and the digital currency, but nowadays most of the people are involved in investing with this Bitcoin. In today's era, Bitcoin has gained trust of people due to which more people invest in Bitcoin than banks. However, generally, people now invest and hold bitcoins to keep their money safe. But I believe it is safer to hold an investment in Bitcoin than real currency, and I trust Bitcoin.

Actually people were familiar with bitcoin in past but they did not believe about its success but now as they see the success of bitcoin so their believe increases because everyone is in search of technique to earn money and whatever they find beneficial then they start accepting that. Bitcoin is a safe currency and investment opportunity and without going down and depreciation in value it is giving huge money in return to its investors. Bitcoin's previous value was very lower but now as successful bitcoin is no other currency can ever become profitable therefore as its success increases the number of investors will also increases.


Title: Re: Btc and people knowledge
Post by: lalabotax on February 27, 2024, 09:00:38 PM
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

Sometimes, everything and people's knowledge will also depend on what media they follow. Because not all media talks about Bitcoin clearly and well. In fact, many people because they don't like it only spread about the minuses or weaknesses of Bitcoin. So, that's what these people also accept, giving rise to thoughts like that. And unfortunately, they will always believe more in the media they believe in with the various opinions they get.
My advice to people like this, tell them, it's useless for us to argue about this with them. because they will always say that what they say is true and they will always think that they know everything.


Title: Re: Btc and people knowledge
Post by: oktana on February 27, 2024, 09:56:42 PM
People question and double new innovations much. Especially when they are not forced to adopt it. When they are given freewill to choose they'll question every process and actions. But when they are coerced, they have no option than to adhere. In the case of fiat and banks, I think the older people also resisted the idea of banks and money when it was at the early stage. Maybe from the days of barter to advancing to the money stage was actually not easy.

People are doubting bitcoin today because they doubted television and gave it all sorts of names. People doubted electricity and vowed not to use it, but today many people are using it. So, it is nice if bitcoin is not fully embraced now, but then the future is bright.

People who are doubting bitcoin today need to be laughed at because how do you look at a 4,000 feet mountain and say it’s nothing. To what other height does it need to be before they see and respect it? Bitcoin has been here for a while now and it may be too new when compared to fiat, however, looking at the chart and increase in value for the last decade, we can see how important/valued it is (the price is self explanatory about it).


Title: Re: Btc and people knowledge
Post by: synchronym on February 28, 2024, 01:51:42 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

op First of all, if I am not aware of something, of course I can't hear about it or understand it, it shouldn't be a problem. There are many people who have no idea about bitcoin or have no idea about btc they don't involve themselves about it so they won't know about btc. The more we focus on the work, the more ideas we will have, the more knowledge we will gain or know. There are many people who still don't know about Bitcoin or what BTC is.  People who are not aware of bitcoin or btc relationship so far I believe if they know about bitcoin and understand it well then they will definitely focus on investing in bitcoin.


Title: Re: Btc and people knowledge
Post by: SeriouslyGiveaway on February 28, 2024, 02:13:39 AM
Not many people know how fiat money is created, and how governments and wealthy forces around the world use fiat money to exploit the labor and wealth of poor people. That's because in the education system most people don't mention this, they deliberately hide it. We can see how before Bitcoin came popular today, it went through a difficult period, because the dominant forces and government officials knew clearly that Bitcoin would threaten the How to dominate their fiat currency. So, they found the way to kill it but it wasn't successful
Not many people know the value of Bitcoin and the trashiness of fiat currency is understandable. Besides, ensuring daily life is a priority for low-income and middle-class people, so they don't have time to learn about other things. They really don't have many choices in their lives. Therefore, understanding the operating mechanism of fiat money and what Bitcoin is is not important to them


Title: Re: Btc and people knowledge
Post by: ancafe on February 28, 2024, 05:28:10 AM
Of course - there are many scam investment products in the name of bitcoin and others that promise profits, when in fact it is something designed to trap greedy people. Knowledge and high curiosity can prevent someone from being caught in a scam attempt - whereas someone who easily believes without research will get caught in it.

Bitcoin has great interested among people who know what Bitcoin is - but their laziness and unwillingness to learn will get them caught in the trap of scammers. I hope that the many cases of fraud that occur and spread everywhere can be a lesson for other users - they just need to learn how to avoid it.
If people can verify then the possibility of fraud will be much more difficult because we don't just swallow the invitation that offers large returns quickly. Greed and greed always provide space for certain individuals to enter into psychological influence and when the person's knowledge is inadequate, it will be quite easy for fraud to enter such a person's environment. Especially in my country there are many scams in the name of crypto and many people are trapped because of the problem of large and fast returns.

Ironically, this does not become a lesson and instead makes other people trapped in the same fraud and repeats itself. In fact, if people want to profit from Bitcoin, they can trade or invest independently without needing help from third parties because now there are many trusted exchanges that are legally operating, so independence can be done individually without the need to involve other people.


Title: Re: Btc and people knowledge
Post by: CryptoBuds on February 28, 2024, 08:09:29 AM
That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.
Humans are mainly obsessed with what they see physical or what they where born into, that is the reason Bitcoin is most likely adopted by the young ones. Most of this people still believe there is nothing like Bitcoin since it is nothing physical and getting to find out the person behind Bitcoin has remained anonymous upto this date this will cause them to avoid by all means yet we can term it ignorance.
They are so interested in shorter and quicker methods to make money.People like shortcut and they believe that nothing seems to come out of bitcoin.They just choose to be reluctant and hesitate on a life changing opportunity that seems easy.
Bitcoin is one of the easiest business to embark on compared to what is in circulation presently yet people find it difficult to acquaint themselves with bitcoin systems.
It is now clear enough that no matter how popular and valuable Bitcoin becomes not everybody will deem it necessary or beneficial for them to invest their money.
I don't know how brainwashed they have become to maybe think Altcoins are actually the best to invest due to shorter time of giving ROI unlike Bitcoin but one should first at most consider the safety of his/her funds as it may not have gone like planned.

If someone thinks that all altcoins are better than bitcoin and worth investing in, it is a wrong thought but investing in altcoins is not a bad idea. Not all altcoins are scams and unprofitable. If you do not have enough experience and knowledge, stay away from new altcoins but top altcoins like ETH or BNB are not too bad to invest in.
I know saying this will make many bitcoiners hate it, but the truth is that if you invest in ETH or BNB the returns they bring you will be more significant than bitcoin these days. Many people are trying to deny and don't want to mention this but it is the truth. But everything is very fair, bitcoin cannot bring bigger profits than ETH and BNB but in terms of safety, BTC is still much safer.
I think it's hard for me to conceive the idea of ETH and BNB giving much profits than BTC, this same top Altcoins are the ones still correlated Bitcoin and most times if Bitcoin dumps same happens to them.
Analytically, during the bear market Bitcoin dumped to $20k,if anyone should have invested massively at that point then compare the profits to be made out of that investment with this current price of $55k.

Well, we are not yet fully into the bull season and it is still unknown which coin will give better returns.

But if you look back at the 2021 bull cycle, bitcoin rose from $3k (2018 low) to $69k in 2021, while ETH rose from $100 (2018 low) to nearly $5k in 2021. In your opinion, which coin brings better profits? As for the upcoming bull season, if bitcoin can touch $100k, have you ever thought that ETH will cost $15k? Not to mention memecoins like Doge have increased 100 times, Shiba brought in thousands of percent profits in the 2021 bull season. So which coin brings better profits?

I just want to compare to show you that you should not miss some golden opportunities when the bull season comes. This comparison makes no sense as bitcoin has become much larger and safer than altcoins. And everyone's investment taste is different, Bitcoin is really worth investing in because it is really safe and brings significant profits, but it cannot be denied that altcoins will bring greater profits.


Title: Re: Btc and people knowledge
Post by: Oasisman on February 28, 2024, 08:24:54 AM
People question and double new innovations much. Especially when they are not forced to adopt it. When they are given freewill to choose they'll question every process and actions. But when they are coerced, they have no option than to adhere. In the case of fiat and banks, I think the older people also resisted the idea of banks and money when it was at the early stage. Maybe from the days of barter to advancing to the money stage was actually not easy.

People are doubting bitcoin today because they doubted television and gave it all sorts of names. People doubted electricity and vowed not to use it, but today many people are using it. So, it is nice if bitcoin is not fully embraced now, but then the future is bright.

People who are doubting bitcoin today need to be laughed at because how do you look at a 4,000 feet mountain and say it’s nothing. To what other height does it need to be before they see and respect it? Bitcoin has been here for a while now and it may be too new when compared to fiat, however, looking at the chart and increase in value for the last decade, we can see how important/valued it is (the price is self explanatory about it).

And why is there a need to laugh at this people? I mean we all have our own preferences and choices, if they did not believe in bitcoin in the first place, well there's not much we can do but respect it. Just consider yourself lucky you get ahead of these people, because some of them will surely follow us after learning how much bitcoin have valued after more than just a decade.
And no, we can't compare fiat with bitcoin, there is actually a huge difference let alone it's longevity and usage, but that doesn't mean bitcoin is way too behind on what the fiat are capable of in this current timeline. Bitcoin have broke the internet many times especially during bull season and during a new ATH is achieved. So, there's no need to crucify those people who did not believe in bitcoin before, because they can read it all over the internet every single day lol.


Title: Re: Btc and people knowledge
Post by: BD Technical on February 28, 2024, 08:36:51 AM
I'm a very young person, I don't understand bitcoin as much as you do, but even though I'm young, I have some idea about bitcoin because I've been watching bitcoin since 2017.  The price of ebitcoin tripled in 2022 from what it was in 2017 because the way the price of bitcoin increased in 2022 we knew that bitcoin would probably exceed 100k dollars.
 But ironically or whatever, the price of bit drops in the beginning of 2023 and the price drops to the bottom which is not very acceptable for us.  Why is the price of bitcoin going back to full in 2024 and increasing like this morning I saw 58 thousand dollars and still 1000 dollars it seems that the price of bitcoin will surpass 70 thousand very soon and this is my personal prediction?


Title: Re: Btc and people knowledge
Post by: cryptoWODL on February 28, 2024, 09:19:28 AM
I'm a very young person, I don't understand bitcoin as much as you do, but even though I'm young, I have some idea about bitcoin because I've been watching bitcoin since 2017.  The price of ebitcoin tripled in 2022 from what it was in 2017 because the way the price of bitcoin increased in 2022 we knew that bitcoin would probably exceed 100k dollars.
 But ironically or whatever, the price of bit drops in the beginning of 2023 and the price drops to the bottom which is not very acceptable for us.  Why is the price of bitcoin going back to full in 2024 and increasing like this morning I saw 58 thousand dollars and still 1000 dollars it seems that the price of bitcoin will surpass 70 thousand very soon and this is my personal prediction?
Since you have been connected to cryptocurrency or watching Bitcoin since 2017 you have seen many ups and downs in this cryptocurrency. Actually when bitcoin was created people were not so much interested in bitcoins people were more interested in fiat currency. The price of Bitcoin has increased over time which has now made Bitcoin the main point of attraction for people. The price of Bitcoin is not what it was when you mentioned, ie the price of Bitcoin has gone up a lot and will continue to go up in the future. We all know that Bitcoin Halving is supposed to be organized in April.

Many of us imagined that maybe we would see a small bullrun in the market before the Bitcoin halving happened, and maybe that is what is happening now. The price of Bitcoin has been increasing at a rock-solid pace for the past few days, and it seems that Bitcoin will be able to cross $70,000 very soon. Bitcoin price reached a 24-hour high of $59,487.12 today.


Title: Re: Btc and people knowledge
Post by: Y3shot on February 28, 2024, 10:00:30 AM
One thing I know is that everyone cant just accept Bitcoin or accept Bitcoin at the same time. Some people will still have doubts in it because it is a new innovation to them. But it is so annoying that people fail to do some research about bitcoin and they leave doubt in them for a longtime thinking it won't be of any benefit.  The traditional currency we believe is worse and can never save us in anyway.  Keeping money in the bank is suppose to yield little interest but it is the opposite.


Title: Re: Btc and people knowledge
Post by: 0t3p0t on February 28, 2024, 10:26:21 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.


It's really normal for some people who dont know about Bitcoin to say a lot of things that are not true because they just trust Bitcoin and do not know anything about it, they just do not have enough knowledge yet to understand how Bitcoin technology operates, but at the same, it's not really their fault because there are already a lot of rumor in the internet about Bitcoin, and if they are going to rely on the news Bitcoin and cryptocurrency really have a bad image overall because it is already involved in a lot of illegal activities, people used to seeing Bitcoin being involved in scams, pyramids, etc where people lose money, aside from that people are using it as well to scam people, something like encouraging people to invest saying that they are going to invest it on cryptocurrency and Bitcoin hoping that they are going to earn but end up losing it to a scammer.

There was obviously no way around it, the only way to do encourage them is if they are the one going to learn it or research about it that way they are going to understand it by themselves and know the potential of Bitcoin.

there are interviews where a youtuber is asking random people on the streets whether they know about BTC. surprisingly, the majority of those random people don't know BTC. i think there's still more than 90% of people around the world don't know BTC but trust banks with their fiat money issued by the government that is backed by nothing.

it's common for people to just trust the government because after all it's the government. and if the money is issued by the government then it's good enough for them. not asking anymore more than that. and i think because most people are in the rat race too.  too busy to make money working 12 hours a day and have no time to ask whatever is there that the discovery channel is talking about.




Yeah easy to trust a physical form of money than the electronic one. That is the most common reason why majority of people around the world are still into fiat currency. Only few smart people who are interested with cryptocurrency or Bitcoin really appreciate it's value, potential and opportunities. We cannot blame these people because most of them aren't tech savvy or having knowledge about blockchain technology and the like.


Title: Re: Btc and people knowledge
Post by: Essential10 on February 28, 2024, 01:51:51 PM
Almost most of the people in the world know what Bitcoin is now, so people are now very loyal to Bitcoin. There was a time when people didn't believe in Bitcoin and the digital currency, but nowadays most of the people are involved in investing with this Bitcoin. In today's era, Bitcoin has gained trust of people due to which more people invest in Bitcoin than banks. However, generally, people now invest and hold bitcoins to keep their money safe. But I believe it is safer to hold an investment in Bitcoin than real currency, and I trust Bitcoin.
I think most of the people don't know much about Bitcoin but the name Bitcoin is a familiar word to many people. With the touch of technology, people are now starting to gain faith in digital currencies. Despite the popularity of Bitcoin and other cryptocurrencies, many people still use and feel comfortable using fiat currencies. Fiat currencies have been the primary form of money for centuries, and they are widely accepted, regulated and supported by governments and financial institutions. This level of trust and familiarity is still challenging for new currencies like Bitcoin to gain widespread acceptance and use. But Nowadays many people are investing in Bitcoin to protect the privacy of their money.


Title: Re: Btc and people knowledge
Post by: Asuspawer09 on February 28, 2024, 03:44:49 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.


It's really normal for some people who dont know about Bitcoin to say a lot of things that are not true because they just trust Bitcoin and do not know anything about it, they just do not have enough knowledge yet to understand how Bitcoin technology operates, but at the same, it's not really their fault because there are already a lot of rumor in the internet about Bitcoin, and if they are going to rely on the news Bitcoin and cryptocurrency really have a bad image overall because it is already involved in a lot of illegal activities, people used to seeing Bitcoin being involved in scams, pyramids, etc where people lose money, aside from that people are using it as well to scam people, something like encouraging people to invest saying that they are going to invest it on cryptocurrency and Bitcoin hoping that they are going to earn but end up losing it to a scammer.

There was obviously no way around it, the only way to do encourage them is if they are the one going to learn it or research about it that way they are going to understand it by themselves and know the potential of Bitcoin.

there are interviews where a youtuber is asking random people on the streets whether they know about BTC. surprisingly, the majority of those random people don't know BTC. i think there's still more than 90% of people around the world don't know BTC but trust banks with their fiat money issued by the government that is backed by nothing.

it's common for people to just trust the government because after all it's the government. and if the money is issued by the government then it's good enough for them. not asking anymore more than that. and i think because most people are in the rat race too.  too busy to make money working 12 hours a day and have no time to ask whatever is there that the discovery channel is talking about.

Yeah easy to trust a physical form of money than the electronic one. That is the most common reason why majority of people around the world are still into fiat currency. Only few smart people who are interested with cryptocurrency or Bitcoin really appreciate it's value, potential and opportunities. We cannot blame these people because most of them aren't tech savvy or having knowledge about blockchain technology and the like.

Bitcoin is still a new thing even though it is already running for years some people still doesnt know it for them it's still a new thing, and even in the market, there is no proof or any guarantee that the market is going to sustain its value because it is just a digital asset there was no some kind of backup or any kind of value when it comes to tangible assets. The Market is just driven by the supply and demand of the market, other than that there was no other value to it, I mean we still know people who don't trust Bitcoin because of it, even though they are already successful people. And we know how risky investment in cryptocurrency is even though we invest our money on it and witness it skyrocket its market price.

I think we just need some time for the cryptocurrency and Bitcoin to adopt in our countries and a lot of business, I mean I could already see a lot of companies going and promoting cryptocurrencies on there platform, there are some banks here in my country and also support cryptocurrency allowing there users to buy and sell cryptocurrency with that, it could easily help for some users to trust and understand Bitcoin more.


Title: Re: Btc and people knowledge
Post by: Obim34 on February 28, 2024, 04:51:06 PM
That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.
Humans are mainly obsessed with what they see physical or what they where born into, that is the reason Bitcoin is most likely adopted by the young ones. Most of this people still believe there is nothing like Bitcoin since it is nothing physical and getting to find out the person behind Bitcoin has remained anonymous upto this date this will cause them to avoid by all means yet we can term it ignorance.
They are so interested in shorter and quicker methods to make money.People like shortcut and they believe that nothing seems to come out of bitcoin.They just choose to be reluctant and hesitate on a life changing opportunity that seems easy.
Bitcoin is one of the easiest business to embark on compared to what is in circulation presently yet people find it difficult to acquaint themselves with bitcoin systems.
It is now clear enough that no matter how popular and valuable Bitcoin becomes not everybody will deem it necessary or beneficial for them to invest their money.
I don't know how brainwashed they have become to maybe think Altcoins are actually the best to invest due to shorter time of giving ROI unlike Bitcoin but one should first at most consider the safety of his/her funds as it may not have gone like planned.

If someone thinks that all altcoins are better than bitcoin and worth investing in, it is a wrong thought but investing in altcoins is not a bad idea. Not all altcoins are scams and unprofitable. If you do not have enough experience and knowledge, stay away from new altcoins but top altcoins like ETH or BNB are not too bad to invest in.
I know saying this will make many bitcoiners hate it, but the truth is that if you invest in ETH or BNB the returns they bring you will be more significant than bitcoin these days. Many people are trying to deny and don't want to mention this but it is the truth. But everything is very fair, bitcoin cannot bring bigger profits than ETH and BNB but in terms of safety, BTC is still much safer.
I think it's hard for me to conceive the idea of ETH and BNB giving much profits than BTC, this same top Altcoins are the ones still correlated Bitcoin and most times if Bitcoin dumps same happens to them.
Analytically, during the bear market Bitcoin dumped to $20k,if anyone should have invested massively at that point then compare the profits to be made out of that investment with this current price of $55k.

Well, we are not yet fully into the bull season and it is still unknown which coin will give better returns.

But if you look back at the 2021 bull cycle, bitcoin rose from $3k (2018 low) to $69k in 2021, while ETH rose from $100 (2018 low) to nearly $5k in 2021. In your opinion, which coin brings better profits? As for the upcoming bull season, if bitcoin can touch $100k, have you ever thought that ETH will cost $15k? Not to mention memecoins like Doge have increased 100 times, Shiba brought in thousands of percent profits in the 2021 bull season. So which coin brings better profits?

I just want to compare to show you that you should not miss some golden opportunities when the bull season comes. This comparison makes no sense as bitcoin has become much larger and safer than altcoins. And everyone's investment taste is different, Bitcoin is really worth investing in because it is really safe and brings significant profits, but it cannot be denied that altcoins will bring greater profits.
So during the 2021 bull cycle, back then in 2018 if both invested $1k dollars into both Ethereum and Bitcoin and held till the bull cycle, you think holding Ethereum will give much more ROI than Bitcoin would give, do the calculations.

If Bitcoin defenitly gets to $100k, certainly which it will achieve, Ethereum will only hit maximum of $6k to $7k, there is no assurance of Ethereum reaching such price of $15k.
I know for sure there are many Altcoins like you made mention that has given much more better profits, that aside if their is any opportunity to invest aside Bitcoin it is no bad idea.


Title: Re: Btc and people knowledge
Post by: MFahad on February 28, 2024, 05:09:34 PM
Actually people were familiar with bitcoin in past but they did not believe about its success but now as they see the success of bitcoin so their believe increases because everyone is in search of technique to earn money and whatever they find beneficial then they start accepting that. Bitcoin is a safe currency and investment opportunity and without going down and depreciation in value it is giving huge money in return to its investors. Bitcoin's previous value was very lower but now as successful bitcoin is no other currency can ever become profitable therefore as its success increases the number of investors will also increases.

Bitcoin might be the safest among all other cryptocurrencies because it was the first-ever cryptocurrency which is the reason why it is the most trusted cryptocurrency, but that doesn't mean it doesn't carry any risks. It's a great investment asset because it appreciates in value in the long run, but an investor must know when they are investing in Bitcoin that the price of Bitcoin can drop as well which a lot of new investors ignore when making their investments.

We often see newbie investors calling Bitcoin bad, a ponzi scheme, a scam, a bunch of other names, just because they bought Bitcoin and then the price of Bitcoin dropped and they saw their portfolio losing value. Since they didn't have enough knowledge, they didn't know it's normal.


Title: Re: Btc and people knowledge
Post by: Zigabel on February 28, 2024, 05:43:31 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.

If people don't know about money then how can they know about BTC? You know many people knows money is nothings for emotions but many people give another conceptions about money because they know money is everything for living. Money do all kind of activities. So, many people says a stupid concept about money. According this concept, they want to be fool so that people shows sympathy to them.
There's a whole lot of security tht comes with money, I personally believe that after God money answereth all things man may need, there's so much you can achieve with money and just a very little you cannot get to achieve with money aswell, it's virtually a very big essentiality of life that we almost can do without as everything we do or work for is quantified with money so everyone even a very lay man understands and knows the concept of money and this can't be overly emphasized as it's evident even without trying to prove it.

People may not know and understand Bitcoin very well but a whole vast people know and understand money especially in their local Fiat because it's so much of an essentiality in their various society as it plays a huge role in their daily activities which includes their day to day activities aswell.


Title: Re: Btc and people knowledge
Post by: ChiBitCTy on February 28, 2024, 06:51:20 PM
It's like I've said on here many times before, people fear what they don't understand or when things change status quo.  Warren Buffet is a prime example.  Somehow he got insanely rich despite being incredibly ignorant in some many factors.  The man didn't invest in tech (best performing sector for the past 15 years or so, until he bought some apple shares a couple years back but think he dumped.

He even admitted he doesn't understand it, yet hates on it.  That's the epitome of ignorance!  Baby boomers are the non-internet era and are living in the past.

Anyone who talks shit about bitcoin to you I challenge you to do this...ask "do you know what the blockchain is"  "do you know the basic concept of it"... 99% will have no idea, and that's where the convo ends.  Tell them to study up then come back and talk.


Title: Re: Btc and people knowledge
Post by: oktana on February 28, 2024, 10:11:29 PM
People question and double new innovations much. Especially when they are not forced to adopt it. When they are given freewill to choose they'll question every process and actions. But when they are coerced, they have no option than to adhere. In the case of fiat and banks, I think the older people also resisted the idea of banks and money when it was at the early stage. Maybe from the days of barter to advancing to the money stage was actually not easy.

People are doubting bitcoin today because they doubted television and gave it all sorts of names. People doubted electricity and vowed not to use it, but today many people are using it. So, it is nice if bitcoin is not fully embraced now, but then the future is bright.

People who are doubting bitcoin today need to be laughed at because how do you look at a 4,000 feet mountain and say it’s nothing. To what other height does it need to be before they see and respect it? Bitcoin has been here for a while now and it may be too new when compared to fiat, however, looking at the chart and increase in value for the last decade, we can see how important/valued it is (the price is self explanatory about it).

And why is there a need to laugh at this people? I mean we all have our own preferences and choices, if they did not believe in bitcoin in the first place, well there's not much we can do but respect it. Just consider yourself lucky you get ahead of these people, because some of them will surely follow us after learning how much bitcoin have valued after more than just a decade.
And no, we can't compare fiat with bitcoin, there is actually a huge difference let alone it's longevity and usage, but that doesn't mean bitcoin is way too behind on what the fiat are capable of in this current timeline. Bitcoin have broke the internet many times especially during bull season and during a new ATH is achieved. So, there's no need to crucify those people who did not believe in bitcoin before, because they can read it all over the internet every single day lol.

I didn’t mean it as intense as you may have perceived. When I mean laughing at them, I’m talking about how ignorance has covered them from the truth; because they don’t know, they doubt what Bitcoin is and what it can do. Funny enough is that most people who doubt Bitcoin rush to invest in it when the price starts going up. Anyway, sooner or later, they’ll see it grow even more. Who knows? It could have an unending pump till Dec.


Title: Re: Btc and people knowledge
Post by: Onyeeze on February 28, 2024, 10:32:53 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
For the first time I know what's bitcoin I did not believe what's bitcoin until I began to understand that bitcoin is not a scam and it can be trusted, sometimes we have to invest in bitcoin and remove our eye on it, specially when we are on long-term investment, because it's obvious that cryptocurrency is all about understanding, many people have to millionaires and billionaire through bitcoin immediately they remove fear in cryptocurrency in question, we have to know such, you can make money through bitcoin when you research of bitcoin and it's investment.


Title: Re: Btc and people knowledge
Post by: AakZaki on February 28, 2024, 11:28:02 PM
Almost most of the people in the world know what Bitcoin is now, so people are now very loyal to Bitcoin. There was a time when people didn't believe in Bitcoin and the digital currency, but nowadays most of the people are involved in investing with this Bitcoin. In today's era, Bitcoin has gained trust of people due to which more people invest in Bitcoin than banks. However, generally, people now invest and hold bitcoins to keep their money safe. But I believe it is safer to hold an investment in Bitcoin than real currency, and I trust Bitcoin.
In fact, currently more people understand Bitcoin, understand how to use Bitcoin, but not enough people know about its actual use because Bitcoin is only a speculative coin to gain profits from every price movement. The ones who dominate Bitcoin users are young people and those who already understand technology, because most people don't know what Bitcoin is or what crypto is. But it continues to grow and bitcoin is becoming more and more known.


Title: Re: Btc and people knowledge
Post by: Bitco55 on February 29, 2024, 03:49:38 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.


Well, one can't know everything right ?... And to be fair, not knowing BTC doesn't actually mean you know nothing about money. Money has been in existence long before Satoshi made BTC.

Knowledge is a good thing, especially when you know the right things and use them appropriately. Bitcoin is spreading so fast that even people against can't help but think about the fact that it's real and needed in these times. So, a nice and industrious thing one can do is spread their personal stories for people who don't know and believe in it, to know and believe in it


Title: Re: Btc and people knowledge
Post by: Gormicsta on February 29, 2024, 04:04:16 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
For the first time I know what's bitcoin I did not believe what's bitcoin until I began to understand that bitcoin is not a scam and it can be trusted, sometimes we have to invest in bitcoin and remove our eye on it, specially when we are on long-term investment, because it's obvious that cryptocurrency is all about understanding, many people have to millionaires and billionaire through bitcoin immediately they remove fear in cryptocurrency in question, we have to know such, you can make money through bitcoin when you research of bitcoin and it's investment.
It's true that many people have to overcome their initial skepticism and fear to really understand the value of bitcoin and see its potential as an investment. And for those who do take the time to learn about it and invest, there is the potential to make a lot of money. But with that potential comes risk, and not everyone will be successful. And this is the exact reason why it's advised for people who are interested in Bitcoin to first learn about it and equip themselves with the required knowledge about Bitcoin to avoid making rational and ignorant mistakes that'll cost you your funds, mistakes that would've been easily avoided if only you took time to study about Bitcoin and the best investment technique to employ.


Title: Re: Btc and people knowledge
Post by: Dave1 on March 01, 2024, 08:48:36 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
For the first time I know what's bitcoin I did not believe what's bitcoin until I began to understand that bitcoin is not a scam and it can be trusted, sometimes we have to invest in bitcoin and remove our eye on it, specially when we are on long-term investment, because it's obvious that cryptocurrency is all about understanding, many people have to millionaires and billionaire through bitcoin immediately they remove fear in cryptocurrency in question, we have to know such, you can make money through bitcoin when you research of bitcoin and it's investment.
It's true that many people have to overcome their initial skepticism and fear to really understand the value of bitcoin and see its potential as an investment. And for those who do take the time to learn about it and invest, there is the potential to make a lot of money. But with that potential comes risk, and not everyone will be successful. And this is the exact reason why it's advised for people who are interested in Bitcoin to first learn about it and equip themselves with the required knowledge about Bitcoin to avoid making rational and ignorant mistakes that'll cost you your funds, mistakes that would've been easily avoided if only you took time to study about Bitcoin and the best investment technique to employ.

I don't know if you will not be successful in bitcoin investment. I mean if you do your homework, like a simply buy and hold, then most likely you will make a lot of profits. Of course, it will take a lot of time, because the best strategy is to buy during the bear market and then continue it and wait till the block halving, as it it the catalyst for a bull run and time when we are in the bull run and about to reach all time high.

So it's not that easy, it will take years to do it (investing on bear market, 2022-2023), and this year and the next year is the bull run. So that is a lot of time for the majority and perhaps for them they don't have the patience to stay that long and make a lot of sacrifices.


Title: Re: Btc and people knowledge
Post by: milewilda on March 01, 2024, 11:34:24 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
For the first time I know what's bitcoin I did not believe what's bitcoin until I began to understand that bitcoin is not a scam and it can be trusted, sometimes we have to invest in bitcoin and remove our eye on it, specially when we are on long-term investment, because it's obvious that cryptocurrency is all about understanding, many people have to millionaires and billionaire through bitcoin immediately they remove fear in cryptocurrency in question, we have to know such, you can make money through bitcoin when you research of bitcoin and it's investment.
It's true that many people have to overcome their initial skepticism and fear to really understand the value of bitcoin and see its potential as an investment. And for those who do take the time to learn about it and invest, there is the potential to make a lot of money. But with that potential comes risk, and not everyone will be successful. And this is the exact reason why it's advised for people who are interested in Bitcoin to first learn about it and equip themselves with the required knowledge about Bitcoin to avoid making rational and ignorant mistakes that'll cost you your funds, mistakes that would've been easily avoided if only you took time to study about Bitcoin and the best investment technique to employ.

I don't know if you will not be successful in bitcoin investment. I mean if you do your homework, like a simply buy and hold, then most likely you will make a lot of profits. Of course, it will take a lot of time, because the best strategy is to buy during the bear market and then continue it and wait till the block halving, as it it the catalyst for a bull run and time when we are in the bull run and about to reach all time high.

So it's not that easy, it will take years to do it (investing on bear market, 2022-2023), and this year and the next year is the bull run. So that is a lot of time for the majority and perhaps for them they don't have the patience to stay that long and make a lot of sacrifices.
Only those people who have done their homework are the ones who would really be able to make themselves that being successful.Although it wont really be that a guarantee since not anyone who do make out their
research do ends up on succeeding towards this market. There would really be still loses due to bad decisions, the only edge here compared into those people who are really that not making any research is that
they do really just that make gambling since there's no basis in towards the decisions that they are making but rather it is really just that pure random.

We do know that we arent all knowing being on which there are really things in life on which we dont even know. This is why when curiosity kicks in then this is the time you would really be making involvement.
This is why we do see different outcomes and different results on which it would really be that something that you would really be needing to know at least on what you are doing.
People do have that knowledge will really be always having the advantage.


Title: Re: Btc and people knowledge
Post by: adpinbr on March 01, 2024, 02:02:45 PM
Not everyone that heard about BTC for the first time accepted it  immediately it takes time for some of them. It’s just like an ads that pop up in their phone consigning btc frequently and one day they will decide to look into it and read more about it.

Try to know about it try to see the features and how it works. Try to know how it connected to their bank how they can buy or start trading with BTC or learn how to purchase with btc, all this process usually takes time it’s not something that just happened,and some people will never accept but definitely some people will accept BTC and try to go more into it so you don’t really need to judge them too much all you need to do if you’re close to such people you just have to educate them show them the advantages show them the benefits shouldn’t the securities shouldn’t a lot of benefits in btc.

It is important of what you explain to someone that is not aware of something for the first time, it is always good you explain better to the person and the person who enjoy your explanation try to give a listening ear.

In the expert of comparing them on how they believe in banks, banks have been existing for numbers of decades.

If you take more time to explain to them on how Bitcoin works and the benefits in Bitcoin, they will definitely put more interest and will accept btc.


Title: Re: Btc and people knowledge
Post by: Oxbro on March 02, 2024, 04:41:10 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

it's wild how folks claim they're in the dark about BTC, saying there's no clear story to trust it. But check this out, those same peeps don't even know the lowdown on regular money – how it's born, and how they're basically the human collateral for it, some security body vibes.

Real talk, most are clueless about how banks cook up money. So, fiat currencies, the cash we all use, are just as mysterious as BTC for many. And here's the kicker – nobody's out here questioning the purpose of life while they act like they got all the answers.
It's a comedy, really. They front like they're experts on everything, but deep down, they're clueless. They're all like, "I know about money," but then, BTC is this big question mark for them. Classic.

Now, if some big shot comes along and says, "Yo, let's roll with BTC; it's solid and safe 'cause I said so and I'm trustworthy," you bet everyone's hopping on that train.
It's the same crew talking smack about crypto, acting like they're Sherlock Holmes with other things they trust. But ask them about the whole money, debt, and fiat currency creation process? Crickets. They don't know squat.


Title: Re: Btc and people knowledge
Post by: Promocodeudo on March 02, 2024, 06:27:02 AM
People will say that they don't know what is Bitcoin because they lack the zeal and the interest to learn, when someone is ready to learn or involve in a process seriousness will be attached, the internet is flooded with Bitcoin journals and informations so I believe that if anyone out their is ready to get the information he or she will get it very well.
We have a forum where people learn and relearn which is bitcointalk, so I think people come up with this excuses, people claim not to aware of bitcoin but most of them will still tell you that bitcoin is a scam, just imagine something you don't know but you criticise it without remorse.


Title: Re: Btc and people knowledge
Post by: GigaBit on March 02, 2024, 06:32:52 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.

If people don't know about money then how can they know about BTC? You know many people knows money is nothings for emotions but many people give another conceptions about money because they know money is everything for living. Money do all kind of activities. So, many people says a stupid concept about money. According this concept, they want to be fool so that people shows sympathy to them.
There's a whole lot of security tht comes with money, I personally believe that after God money answereth all things man may need, there's so much you can achieve with money and just a very little you cannot get to achieve with money aswell, it's virtually a very big essentiality of life that we almost can do without as everything we do or work for is quantified with money so everyone even a very lay man understands and knows the concept of money and this can't be overly emphasized as it's evident even without trying to prove it.

People may not know and understand Bitcoin very well but a whole vast people know and understand money especially in their local Fiat because it's so much of an essentiality in their various society as it plays a huge role in their daily activities which includes their day to day activities aswell.
People naturally take some time to learn about any discovery. People used gold or various precious metals in ancient times after that they created fiat currency as a better medium of exchange. As far as I know China was the first to introduce fiat currency. It has been like this for ages but in recent times people have been increasing their interest in Bitcoin since Satoshi Nakamoto's discovery of Bitcoin in 2009. We may see bitcoins outperform fiat currencies in the future.

Bitcoin requires a person to have some technical knowledge so that they can focus on how to protect their assets. Moreover, fiat currencies were invented many years ago while Bitcoin's journey has only just begun. Although Bitcoin has spread faster than any other medium, many people are still lagging behind due to lack of thorough knowledge about Bitcoin. But hopefully as people start accepting it it will be able to reach that expected level with in shortest possible of time.


Title: Re: Btc and people knowledge
Post by: Moreno233 on March 02, 2024, 08:22:09 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.
This is an old story and those people are just the sceptics.  They know Bitcoin and its potential but just decided to be unfortunate about it. You can't say they are ignorant because many of them are educated and even among the supposed enlightened. Good enough, Bitcoin have a way of proving them wrong as we have seen. Bitcoin is still there and not dead and many people including institutions and government are now heavily involved in Bitcoin which is a good news for Bitcoin. Some of the critics have been able to drop their ego and invest in Bitcoin while there are still those in their high horses who will never see the light. Bitcoin will always win irrespective of what they say or think.


Title: Re: Btc and people knowledge
Post by: NewRanger on March 02, 2024, 09:14:25 AM
It's true that many people have to overcome their initial skepticism and fear to really understand the value of bitcoin and see its potential as an investment. And for those who do take the time to learn about it and invest, there is the potential to make a lot of money. But with that potential comes risk, and not everyone will be successful. And this is the exact reason why it's advised for people who are interested in Bitcoin to first learn about it and equip themselves with the required knowledge about Bitcoin to avoid making rational and ignorant mistakes that'll cost you your funds, mistakes that would've been easily avoided if only you took time to study about Bitcoin and the best investment technique to employ.

It makes more sense for us if we have limited skills in technical analysis but make long-term investments in BTC. Apart from that, the main control is to be patient and not look at our investment for a while, otherwise we will want to sell if we see that the price has gone up a little and it will become a habit later too. If you want to fully implement what has been determined and BTC if you invest long term the results are not in doubt.. ;).


Title: Re: Btc and people knowledge
Post by: Marvell1 on March 02, 2024, 09:36:27 AM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.
This is an old story and those people are just the sceptics.  They know Bitcoin and its potential but just decided to be unfortunate about it. You can't say they are ignorant because many of them are educated and even among the supposed enlightened. Good enough, Bitcoin have a way of proving them wrong as we have seen. Bitcoin is still there and not dead and many people including institutions and government are now heavily involved in Bitcoin which is a good news for Bitcoin. Some of the critics have been able to drop their ego and invest in Bitcoin while there are still those in their high horses who will never see the light. Bitcoin will always win irrespective of what they say or think.

After all, we can't expect or ask everyone to love bitcoin. Simply because everything has its pros and cons and everyone has different preferences. We shouldn't be selfish or bigoted by calling someone stupid just because they don't like bitcoin like we do.

I also have some friends who know about bitcoin but they have never and have no intention of investing in bitcoin. They said it was not suitable for them because its volatility and risk level were beyond their tolerance. Moreover, they have a better life than me, have stable jobs and income, how can we say they are ignorant when they have things that we don't have?


Title: Re: Btc and people knowledge
Post by: Y3shot on March 02, 2024, 01:15:23 PM
People will say that they don't know what is Bitcoin because they lack the zeal and the interest to learn, when someone is ready to learn or involve in a process seriousness will be attached, the internet is flooded with Bitcoin journals and informations so I believe that if anyone out their is ready to get the information he or she will get it very well.
We have a forum where people learn and relearn which is bitcointalk, so I think people come up with this excuses, people claim not to aware of bitcoin but most of them will still tell you that bitcoin is a scam, just imagine something you don't know but you criticise it without remorse.
When people have nothing to do with something it is always like that,  they have no interest to learn or to get more information about it to get more understanding. But I think it is nothing new when people have doubt about bitcoin, majority of bitcoiners you see today were once like this, from this experience it has made me to understand that their is a right time for everyone to have a good interest about bitcoin,  it must not be the first time knowing about bitcoin .


Title: Re: Btc and people knowledge
Post by: Nothingtodo on March 02, 2024, 01:23:14 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.

If people don't know about money then how can they know about BTC? You know many people knows money is nothings for emotions but many people give another conceptions about money because they know money is everything for living. Money do all kind of activities. So, many people says a stupid concept about money. According this concept, they want to be fool so that people shows sympathy to them.
Most of the people of the world have no knowledge about digital currency especially if we talk about Bitcoin then 99% of the people of the world do not know about this Bitcoin but only Bitcoin is preferred as an alternative to money all over the world. People of the world consider paper money as the only significant medium of exchange but this Bitcoin is poised to replace paper money in the future. However, it is estimated that in the next 10 to 20 years, more than 50% of people in the world will know about and use Bitcoin.


Title: Re: Btc and people knowledge
Post by: OrangeII on March 02, 2024, 01:50:23 PM
Basically, people are already in the existing system, therefore they receive money without needing to know how and why the money is used. Meanwhile, bitcoin is something new for them. It's quite natural that they are doubtful and afraid to use it. Many of them try to study it, and many of them come to conclusions without studying it.
However, if the person is interested in this technology, I will explain to the best of my knowledge. Meanwhile, if not, I won't explain anything. Sometimes it's quite difficult to convince someone if they haven't really looked into it. it's the same as bitcoin.


Title: Re: Btc and people knowledge
Post by: cryptoWODL on March 02, 2024, 02:53:05 PM
People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.

If people don't know about money then how can they know about BTC? You know many people knows money is nothings for emotions but many people give another conceptions about money because they know money is everything for living. Money do all kind of activities. So, many people says a stupid concept about money. According this concept, they want to be fool so that people shows sympathy to them.
Most of the people of the world have no knowledge about digital currency especially if we talk about Bitcoin then 99% of the people of the world do not know about this Bitcoin but only Bitcoin is preferred as an alternative to money all over the world. People of the world consider paper money as the only significant medium of exchange but this Bitcoin is poised to replace paper money in the future. However, it is estimated that in the next 10 to 20 years, more than 50% of people in the world will know about and use Bitcoin.
I can't agree with you because you say that almost 99% of the people in the world don't know about Bitcoin right now which seems completely wrong to me. I think about 30% or more people in the world now know about Bitcoin and use Bitcoin. Since its inception the price and popularity of Bitcoin has been relatively constant increasing the demand and popularity of this coin worldwide. El Salvador is a shining example of how popular Bitcoin is with people around the world.

We all know that in 2021 El Salvador became the first country in the world to accept Bitcoin as legal tender in their country. Since then their country's government has taken various important steps to make Bitcoin more popular and is still doing so. Buying everyday goods in their country can be paid for in bitcoins perhaps proving that bitcoins are slowly becoming more and more popular with people around the world.


Title: Re: Btc and people knowledge
Post by: danadc on March 02, 2024, 02:58:01 PM
If a person or many people do not know about bitcoin, what could be going through their head when they see that bitcoin is starting to rise a lot and see new millionaires? Maybe they will say, that is for the rich, when they do not know very well that they can participate with little money, and that is something that few know because they do not dare to read, investigate and not believe.

The main obstacle for a person that prevents them from having money is lack of knowledge, and this lack of knowledge will lead them to directions that do not lead to having money or good things. These types of people only approach bitcoin if another person talks to them and educates them. , and it plants doubt in his mind, but in the meantime, a person does not have the experience of what he is missing, because everything will not matter to him absolutely the same, and it is very sad that that happens, because basically things have to be done well Considering that everything has a good path, financial freedom, and bitcoin represents that.


Title: Re: Btc and people knowledge
Post by: someone703 on March 02, 2024, 04:49:03 PM
Bitcoin is like the OG of crypto, kind of like the first pair of Converse sneakers that started it all. It's the most well-known, but just one piece of the puzzle. Cryptocurrency, on the other hand, is like the entire shoe store! It's a broad term that covers all sorts of digital currencies, each with its own purpose and features, just like different shoe styles have different uses.

Now, younger folks might seem to get it faster, maybe because they're more comfortable in the digital world. But hey, age doesn't have to be a barrier. Anyone can learn! The key is to break it down step by step, just like asking questions in this forum. By being curious and open to learning, we can all navigate this crypto thing together, one step at a time. Remember, even the biggest sneakerheads started somewhere, and the same goes for understanding crypto!