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Bitcoin => Bitcoin Discussion => Topic started by: TitanGEL on March 27, 2023, 05:27:08 PM



Title: Public Perspective towards Bitcoin
Post by: TitanGEL on March 27, 2023, 05:27:08 PM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.


Title: Re: Public Perspective towards Bitcoin
Post by: thecodebear on March 27, 2023, 08:53:33 PM
Yes the vast majority of the public either doesn't know what Bitcoin is or thinking it is something negative.


Usually they think:
1. It's bad for the environment (it isn't, its actual a huge benefit)
2. It's a scam or pyramid scheme / ponzi or some other scheme the don't know the actual definition of
3. It's outdated tech (lol)
4. It's only good for criminals
5. It'll just be banned
6. It's a bubble (and they apparently don't know its been through several market cycles)
7. It's something people lose money on / it's going to zero (lol facepalm)



I think I hit all the major misconceptions / negative views.


How do we fix these. Simple: education! There is so much misinformation about Bitcoin passed around by people who don't have a clue about it and those people greatly outnumber the people who are actually educated on Bitcoin. We as a community need very good very public educational resources to point people to. As more and more people get educated on Bitcoin eventually the momentum will swing in favor of education instead of misinformation. But we're a very long way from that. It would of course help if some big people in media and politics were educated on Bitcoin and could spread the world. As currently its the government that is engaging in the next big attack on Bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: The Cryptovator on March 27, 2023, 09:05:28 PM
Convincing someone about Bitcoin takes time, and it's not always a positive experience. However, gradually, people's perspectives on Bitcoin are becoming more positive. This can be observed through the expanding usage and community surrounding Bitcoin. The reality is that a significant portion of the population is unaware of Bitcoin, so they do not have a positive or negative view of it. For those who are familiar with Bitcoin, most have a positive outlook, while a small minority may still harbor some fear or uncertainty about it.


Title: Re: Public Perspective towards Bitcoin
Post by: Ndabagi01 on March 27, 2023, 09:31:45 PM
People are usually resistant to changing their minds about an invention once they have formed an opinion about it. When there are so many negative scenarios and comments about bitcoin as a result of the backlash it has received, convincing someone with a preconceived notion about how they view it will be difficult. Let the good news about it spread; hopefully, in the future, it will supersede and counter the negative feedback and views about it, and it will be adopted as legal tender globally.


Title: Re: Public Perspective towards Bitcoin
Post by: Yatsan on March 27, 2023, 09:40:37 PM
They simply say negative things to Bitcoin, easily, either because they lack knowledge about it or they focus more on the negative things or news related into it. Ofcourse people in this industry would be on the contrary; we see the potential more than the risk. But both sides are indeed true; this technology created huge profit potential for its users but risk will always be there because of the nature of market price volatility.
People are usually resistant to changing their minds about an invention once they have formed an opinion about it. When there are so many negative scenarios and comments about bitcoin as a result of the backlash it has received, convincing someone with a preconceived notion about how they view it will be difficult. Let the good news about it spread; hopefully, in the future, it will supersede and counter the negative feedback and views about it, and it will be adopted as legal tender globally.
Problem is people being selective; disregarding positive new such as countries adopting this technology because they are seeing the advantage of doing so.But given that there is still a long way for this industry regarding progressive growth, things might indeed change in the future. For now, sharing our knowledge to those who are interested would be a good thing to do than to contribute with baseless accusations on this industry.


Title: Re: Public Perspective towards Bitcoin
Post by: Baofeng on March 27, 2023, 09:55:53 PM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.

We don't, we just let them discover what bitcoin is, what benefits they can get from it and see how it goes for it. It's going to be difficult to turn someone perspective not just to bitcoin but in any other aspects in our lives, it is what it is. They either will have to believed on it or not.

Even Satoshi himself said this:

Quote
“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.”

We can tell anyone that is the positive or even negative things about bitcoin and let them decide for themselves if they want to join the bandwagon or not. Just like what we are seeing right now, there is a banking crisis or even during the height of Covid-19. We don't tell people the get their money out and put into bitcoin because the bank is failing or to hedge their wealth on it because there is pandemic.


Title: Re: Public Perspective towards Bitcoin
Post by: lousie9 on March 27, 2023, 10:14:42 PM
My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.

public perception regarding Bitcoin is something negative in my opinion because of the frauds that have occurred to some or several people and this has indeed created a strong negative stigma on Bitcoin by people who don't fully know about Bitcoin.
but we know that as time goes by, many people or groups and even well-known influencers have tried to introduce and educate the public about Bitcoin, whether it's through online articles, print media and creating educational content on YouTube and other social media.
but in fact there are still many people who do not believe in Bitcoin let alone understand and try to enter the crypto world because the risks are enormous.
I think people tend to prefer something that doesn't have a high risk because there are still many who think why waste their money investing in Bitcoin if it's too big a risk for them.
but I think this perspective and public acceptance of Bitcoin is only a matter of time until eventually everyone will know the positive side of Bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: Vaskiy on March 27, 2023, 10:25:17 PM
It takes time for people to have the better understanding about Bitcoin and cryptocurrencies. It is well known fact that negative news spread faster than the real news happening around. In such a way bitcoin isn't an exception. The failure of bitcoin takes place from the users who have missed profiting because of their own mistakes. Once after the loss, they start spreading negative things and they never accept their fault.


Title: Re: Public Perspective towards Bitcoin
Post by: serjent05 on March 27, 2023, 10:33:55 PM
In order to change negative view of the public to bitcoin, it needs serious information dissemination.  Only the right knowledge and facts can combat these prejudices against Bitcoin.  Anti-Bitcoin group spreads this false accusation on Bitcoin in order to trigger doubt on the Bitcoin market,  so correct information to fixed those wrong one is needed.  Aside from that, if the government is somehow friendly to bitcoin then we can use the government announcement and statements that favors Bitcoin and remove the doubt of public.

Convincing someone about Bitcoin takes time, and it's not always a positive experience. However, gradually, people's perspectives on Bitcoin are becoming more positive. This can be observed through the expanding usage and community surrounding Bitcoin. The reality is that a significant portion of the population is unaware of Bitcoin, so they do not have a positive or negative view of it. For those who are familiar with Bitcoin, most have a positive outlook, while a small minority may still harbor some fear or uncertainty about it.

We do not need to convince people, we just need to lay the right information, whether they accept it or not is upto them.  After all we are not the one missing out but those who fail to recognize Bitcoin and the opportunities it brings.


Title: Re: Public Perspective towards Bitcoin
Post by: hatshepsut93 on March 27, 2023, 11:03:32 PM
If a thing is good, it doesn't need convincing. Internet enthusiasts didn't need to convince the general population to start using the Internet. Television, automobile, trains, planes, radio, electricity too. Every invention had people who doubted it, but they didn't succeed because someone convinced people about their benefits. Those that succeeded just clearly demonstrated that they are superior to the previous technology. Bitcoin can't do the same with banks and fiat currency.


Title: Re: Public Perspective towards Bitcoin
Post by: jossiel on March 27, 2023, 11:41:22 PM
It's been so long since many of those folks that are still not yet holding bitcoin thinks of many negative perceptions about bitcoin and that won't change on an instant.

But it's okay if they're still thinking like that because many from those people that have that perception were changed. They're seeing the changes a lot and based from the adoption that they're looking at.

It's inevitable that perception have changed drastically because of the financial institutions starting to adopt it.


Title: Re: Public Perspective towards Bitcoin
Post by: Hamza2424 on March 27, 2023, 11:48:25 PM
It takes time for people to have the better understanding about Bitcoin and cryptocurrencies. It is well known fact that negative news spread faster than the real news happening around. In such a way bitcoin isn't an exception. The failure of bitcoin takes place from the users who have missed profiting because of their own mistakes. Once after the loss, they start spreading negative things and they never accept their fault.

Never mind but it doesn't matter what others think about bitcoin what matters is you and your perspective on bitcoin. It is used for money laundering and the crypto market is used in the black market, all these are just things to say to those who can't afford it and understand what technology it is they use these lame excuses. Scirty hate those things which they can't understand & control. So be confident about the positive impacts and stay with it.

When these people will realize you will be superior to them because you recognized the true financial freedom before them. At that time you can ask about the stupidity that these people use to say when it was in struggling age.


Title: Re: Public Perspective towards Bitcoin
Post by: ChiBitCTy on March 28, 2023, 12:01:27 AM
Only stupid people are those who read a single article or what one or two particular morons on YouTube who think they know everything about cryptocurrency.  I think that yes, the vast majority of human beings do not look much past the first one or two things they read about anything, whether that's bitcoin or climate change, whatever. 

However as bitcoin continues to prove it's self, its public perception will change for the better.  So this is something I don't worry too much about.


Title: Re: Public Perspective towards Bitcoin
Post by: Sarah Azhari on March 28, 2023, 12:07:56 AM
My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.
You have seem try to change the people stance which I think is hard for you to do if don't have great knowledge about bitcoin. I did on past when try to change my friend think about bitcoin. because i don't have the knowledge much some time ago, then I stuck to continue in what do i say next when I asking the crucial question. The important key is knowledge, if only have half then your work will be worthless.


Title: Re: Public Perspective towards Bitcoin
Post by: hd49728 on March 28, 2023, 02:29:12 AM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that.
You can not change minds, perspectives of all people especially the elderly.

If you want to do communication propaganda to change the crowd perspective towards Bitcoin, it's good but if you do this, you will recognize that there are many types of people in our society. Some people are open-minded and ready to listen and learn new things. They will easily become Bitcoiners after your propaganda. Some other people will need longer time to absorb new things but they can still change their minds. The last type are people who would prefer to stick with what they are familiar with like fiat currencies, banks and they will never accept Bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: bittraffic on March 28, 2023, 02:45:18 AM

It would change thier minds if their government itself is regulating it and not putting negative thoughts about BTC. And then the media will follow once they see its legal to use BTC in the country.

Bitcoin is almost there though. You can see more people right now already knows BTC or any other crypto. There is no negative news about it anymore but coming from governments are regulators.


Title: Re: Public Perspective towards Bitcoin
Post by: crypticj on March 28, 2023, 02:53:42 AM
I think the public WILL start loving bitcoin more in the next few years. Bitcoin has nothing bad about it and the biggest con of it is that you can lose a lot of money if you will trade it.

A lot of people have a biased view of bitcoin because they don't know what is it and how it works. But when they will start learning it, they will realize that it's good for out world and society.


Title: Re: Public Perspective towards Bitcoin
Post by: Gallar on March 28, 2023, 03:15:27 AM
if according to my assumption, if someone is looking for information about bitcoin, whether it's through videos or reading references, it means that there is already a curiosity about bitcoin, and usually this curiosity arises for several reasons.
that is

        - because heard that someone (friend, other person, or relative) experienced big profits and those big profits were obtained from bitcoin investment results. Usually, if you hear news like this, some people who are curious will immediately find out what bitcoin is.
        - The second one is the opposite of the information above, if the information above is curious because someone is experiencing profits, now this one is the opposite, which is curious when I hear that someone has suffered a big loss and the loss came from investing in bitcoin.
       - the third is accidental, sometimes not a few people know bitcoin by accident, whether it's when opening a website, or passing on the social media.

people in the 3 point criteria above are likely to look for information about bitcoin on various platforms or websites. here is the important point, if only the news that was first seen was good about bitcoin, it would definitely have a good impact, but what about when the first search about bitcoin was presented with oblique news about bitcoin, of course there were 2 possibilities that would happen, if people who saw the information This negative is people who are curious because at first they see the news about the benefits they get from bitcoin, of course the question will arise, "why is this like this" and will definitely look for other information.
but when those who read this information are curious people because at first they saw someone's loss from bitcoin, they will definitely stop here.
then if the person reading this information is someone who initially accidentally knows bitcoin, chances are they will stop or look for information again, it depends on how curious they are.

This is just my assumption, please let me know if I'm not quite right or wrong


Title: Re: Public Perspective towards Bitcoin
Post by: wahyuagung26 on March 28, 2023, 04:18:39 AM
In particular, we can take it from the media factor that disseminates Cryptocurrency to be precise Bitcoin, some of the media disseminate it with references that are not completely sufficient or even inadequate and provide a few assumptions that they deviate from the real aspects, making many perspectives from the public who feel this is something wrong. negative, especially this will happen to those who are lay and don't know with reference to knowledge.

But we know that introducing Bitcoin to people / the public is also an easy step, it's just that it takes time to convince them about the existence of Bitcoin, both from the way it works and several other important aspects, because someone's perspective varies in understanding an element in particular, we mainly talk about Crptocurrency and also Bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: Despairo on March 28, 2023, 04:26:29 AM
I wouldn't deny if most people are interested with Bitcoin is because of making profit. They will be happy when they have making profit, but when it goes opposite and they're suffering losses, this time it will depends on each person.

They can be mad, angry, regret, cry etc but if they're not want to learn about what's Bitcoin and how Bitcoin price movement like that, they will not trust Bitcoin. Understanding about Bitcoin is the most important point to change people's perspective.


Title: Re: Public Perspective towards Bitcoin
Post by: wxa7115 on March 28, 2023, 05:14:36 AM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.
There is not much we can do, you are trying to compete against governments and banks which have an infinite amount of money and total control over the media people watch, so if they want to project a negative image of bitcoin that is what they will do and that is what the average person will think about bitcoin.

Luckily for us the message they are trying to spread is not the truth and given enough time the truth should prevail, it is just that we do not know how long it will take for the average person to realize they have been lied to and that the information they received about bitcoin is false.


Title: Re: Public Perspective towards Bitcoin
Post by: karmamiu on March 28, 2023, 06:15:57 AM
In our country OP once we talked about bitcoin and crypto, mostly they have negative perspective on it, and as you've said that we couldn't blame them due to the past events that happened to them or the community their opinion wouldn't change easily not unless we could convince them.

IMO, I don't want to convince anyone in my neighborhood regarding bitcoin or crypto, I'm sure there will be time in the future that they will switch their interest in these things, coz as of now I could see that they are slowly learning about online money without being aware that they are already on their way to learn cryptocurrency.


Title: Re: Public Perspective towards Bitcoin
Post by: LogitechMouse on March 28, 2023, 07:51:47 AM
My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.
It's either we educate them, or they will just let themselves know what is the truth.

Educating them might change their perspective towards Bitcoin, but not for those who are close-minded people who only know that Bitcoin is a negative thing. For them, what they only know is that Bitcoin is a bad thing because it has been used for some criminal activities, and some lose money investing into it.

On the other hand, there will be a time where they will just realize that what they know isn't the reality. What they know is the complete opposite. What they think about Bitcoin is completely wrong. In short, there's nothing we can do about it, but there will be a time where they will realize that they all wrong about their perspective towards Bitcoin. We just let them know what is the truth about Bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: Lamkuthang on March 28, 2023, 08:36:27 AM
In my opinion Changing public perception towards Bitcoin and other cryptocurrencies requires education and awareness-building. This can be achieved through various means such as creating informative content, organizing workshops, and engaging with individuals and communities to address their concerns and questions.

What this means Collaboration with mainstream media and influencers can also help in reaching a wider audience and showcasing the positive aspects of cryptocurrency, such as its potential to empower individuals and promote financial inclusion. Additionally, regulatory clarity and improved security measures can help in building trust and confidence among the public.

For creating a positive narrative around cryptocurrency requires concerted efforts from various stakeholders, including industry players, policymakers, and the public.


Title: Re: Public Perspective towards Bitcoin
Post by: lovesmayfamilis on March 28, 2023, 11:54:33 AM
OP, you can't change the world, and you can't help all people, but you can be an example for your environment. If you talk about all the benefits of Bitcoin without giving a real example, people will doubt it. Another thing is when they notice changes in your life. Your success and your transformation. As many here on the forum like to write that Bitcoin has changed their lives, people who are ready to help others will be believed by those who see everything with their own eyes and by touch. By helping your loved ones if they show interest, everyone will be able to increase the amount of information you want to spread.
If people receive dry information, then they may be more inclined to believe the news that the media spreads about bitcoin from time to time. In this case, you need to leave people with their news so that they learn to sift the wheat from the chaff on their own.


Title: Re: Public Perspective towards Bitcoin
Post by: Dr.Bitcoin_Strange on March 28, 2023, 11:56:13 AM
OP, you can't change the world, and you can't help all people, but you can be an example for your environment.
Exactly a good point for OP.


Normal humans are influenced by what we read, see, hear, and the environment we find ourselves in, but the good thing is that humans never stop learning. If you see a person who has a negative influence about Bitcoin, you can always explain to them to better their understanding. Though, some people think that the only crypto is Bitcoin (yes!) and that's why most individuals of the public would always have a negative impression about Bitcoin because they have fallen victim to some scam projects or their friends. Scam projects that get prompted on social media have disappeared with some individuals money, and as these processes continue to take place, it will still make some people see crypto in a bad way, but Bitcoin is not really the coin that may have given them the negative impression, so when we see people like that, the good thing to do for them is make them understand better what they don't know.


Title: Re: Public Perspective towards Bitcoin
Post by: karmamiu on March 28, 2023, 12:31:41 PM
OP, you can't change the world, and you can't help all people, but you can be an example for your environment.
Exactly a good point for OP.


Normal humans are influenced by what we read, see, hear, and the environment we find ourselves in, but the good thing is that humans never stop learning. If you see a person who has a negative influence about Bitcoin, you can always explain to them to better their understanding. Though, some people think that the only crypto is Bitcoin (yes!) and that's why most individuals of the public would always have a negative impression about Bitcoin because they have fallen victim to some scam projects or their friends. Scam projects that get prompted on social media have disappeared with some individuals money, and as these processes continue to take place, it will still make some people see crypto in a bad way, but Bitcoin is not really the coin that may have given them the negative impression, so when we see people like that, the good thing to do for them is make them understand better what they don't know.
Although I hate it, I have to agree with you that some people took advantage of a person's innocence about crypto in general. This is mostly the reason why people specially those who are victims before are having negative view in bitcoin. As for me I no longer want to promote bitcoin or teach them what is it even to my own family, coz as of right now, our own banks are slowly introducing the concept of cryptocurrency through their mobile application or online banking. Now even if I won't say anything they are already slowly being taught by banks what is crypto and they learned it unknowingly, so when the time comes when they become interested I will only have to explain them a few things.


Title: Re: Public Perspective towards Bitcoin
Post by: soramon on March 28, 2023, 02:17:03 PM
To transform the public's negative impression of digital currencies into a positive one, it's critical to zero in on training, guideline, advancing the advantages, joint effort, and straightforwardness. The public's perception of cryptocurrencies as a legitimate means of payment and investment can be shifted by providing accurate and reliable information on them, enacting clear regulations, highlighting the potential benefits of using them, encouraging collaboration between the industry, governments, and traditional financial institutions, and encouraging transparency in the cryptocurrency industry.


Title: Re: Public Perspective towards Bitcoin
Post by: karmamiu on March 28, 2023, 02:28:38 PM
To transform the public's negative impression of digital currencies into a positive one, it's critical to zero in on training, guideline, advancing the advantages, joint effort, and straightforwardness. The public's perception of cryptocurrencies as a legitimate means of payment and investment can be shifted by providing accurate and reliable information on them, enacting clear regulations, highlighting the potential benefits of using them, encouraging collaboration between the industry, governments, and traditional financial institutions, and encouraging transparency in the cryptocurrency industry.
And it takes a lot of time and effort to do that. It will also take a lot of resources in order to those things. While I do agree that it is as slow and sure way of introducing bitcoin, people will still easily changed their mind when you say that you will earn profit by just doing crypto. Right now there is no longer the need for us to actually go out there and convince people, the government alone is doing their best to remind people not to immediately rush into cryptocurrency due to its big risks. That alone could make some people curious and some will be tempted to dive deep learning into blockchain technology.


Title: Re: Public Perspective towards Bitcoin
Post by: Mame89 on March 28, 2023, 09:45:15 PM
Regarding the negative public perception of Bitcoin and other cryptocurrencies, it is indeed difficult to fix. However, this can be achieved with continued effort and an effective communication strategy. It should be remembered that changing the public's perception of Bitcoin is an ongoing process and requires the efforts of many people.

One of the challenges in changing public perception of Bitcoin is how to convey technical information to the public without a technical background. It is also important to speak in a language that is easy for lay people to understand. Sometimes people's perception of Bitcoin is influenced by the bad image created by some people or fraud cases that occur in the cryptocurrency world. therefore it is important to continue to improve the image of Bitcoin by implementing strict security and privacy standards, and taking strong action against those who violate regulations.

I think that by providing correct and clear information, promoting the benefits of Bitcoin, maintaining Bitcoin's image, and keeping communications open and transparent, we can help change the public's perception of Bitcoin and make it more acceptable to the wider community.


Title: Re: Public Perspective towards Bitcoin
Post by: Furious 7 on March 28, 2023, 10:12:03 PM
It is clear that everyone's awareness about bitcoin takes time for this because especially for people who are new and who only know about bitcoin from media that are against bitcoin, it is certain that the image of bitcoin will not be good.
On the other hand, we must also be aware, of course, that in this case it will not be easy to reverse the condition in which bitcoin, which has a negative stigma, becomes positive.
But on the other hand, I actually don't really care about people's stigma, whether it's negative or positive. even though this is indeed a benchmark for bitcoin but things like this cannot be forced so we just have to wait because sooner or later everyone will know about bitcoin and it will take longer to believe in this.


Title: Re: Public Perspective towards Bitcoin
Post by: thecodebear on March 28, 2023, 10:23:48 PM
It would be cool if there was some sort of non-profit donation based Bitcoin education organization.

An organization just focused on providing resources and like actually promoting (advertising) Bitcoin in an educational and factual way. Most people who just casually know about Bitcoin just occasionally see negative headlines and their perception of Bitcoin is just based on misinformation.

Would be good to have a body promoting education to fight back against the mass of misinformation.

The Bitcoin message has been watered down by 'Crypto'. People get confused between Bitcoin and Crypto/Web3/scams/exchange hacks/etc. And crypto companies generally just promote their business, not Bitcoin itself.

A community led Bitcoin educational organization that produces real fact-based educational media to display to the masses, not just a website because only people interested in Bitcoin in the first place would go to a website, but instead actually advertising, would be cool.


Title: Re: Public Perspective towards Bitcoin
Post by: lalabotax on March 28, 2023, 10:31:15 PM
As long as in that country Bitcoin is still considered illegal, the assumption based on the media that spreads negative things about Bitcoin will continue to exist and develop over time. And of course this will continue to lead to opinion and understanding in the community that Bitcoin is something bad. Although of course it is possible that more and more people are starting to like and understand the real Bitcoin, it will still be difficult if it collides with the rules of a country.

On the other hand, the perception of Bitcoin is actually getting better. More and more people globally know Bitcoin and are interested in Bitcoin. As time progresses, people begin to receive other positive information about Bitcoin, so it's not just about negative news about Bitcoin. So this is starting to develop. And maybe it will take more time for people to increasingly accept Bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: Ahli38 on March 29, 2023, 05:27:53 AM
~Snip~
Everyone's assumptions will always be different. because everyone's point of view is always different. and everyone's first impression of bitcoin always varies.
because the initial story of someone being interested in bitcoin is of course also different. but in the 3 things you mentioned, one of them is the most likely to be the initial story of someone being interested and curious about bitcoin or crypto. and the most common reason is always from seeing the condition of someone who gets a big advantage. everyone tends to want to imitate the success that has been achieved by someone. not even a few of them have the notion that they too can do it easily. they entered hastily. without analyzing and studying it in depth. these types of people sometimes don't survive much in the crypto industry. Even their perception of crypto can be unfavorable. this is due to the lack of insight he gets. Because it doesn't focus at all on knowledge about crypto and the ins and outs of it like usability and such. this type of person focuses more only on the profit he can get, but sometimes they don't want to bother studying it deeper. Even though if we want to benefit from something, we must first know everything that we are going to enter into. So that we will know how we can benefit with minimized risk. The point is that most people who have a negative perception of bitcoin are those who don't study it seriously. they stopped in the middle of the road. and they only hear from the news circulating without inquiring deeply.

that's why cryptocurrency education is important nowadays. but in my country, Indonesia, we can see several government efforts to introduce crypto to the public. In fact, there are many events held by large exchanges in Indonesia that work with the government to build awareness in the community so that they are more familiar with the digital era and the ins and outs in it.


Title: Re: Public Perspective towards Bitcoin
Post by: TheUltraElite on March 29, 2023, 06:24:31 AM
Keep them ignorant, why bother? After all it is your advantage anyway because you will keep accumulating bitcoin as it's price keeps increasing and then you can dump on these no-coiners with sky high prices, profits for you 😈

You can go and start educating people who are showing interest in Bitcoin, but the difference will not be huge for now other that you bring called a tinfoil hat person.

 If they lose money from some stupid MLM, chances are that they will blame you - are you ready to take that?



Title: Re: Public Perspective towards Bitcoin
Post by: Z-tight on March 29, 2023, 06:47:02 AM
I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.
Or a life were they get to use a censorship resistant currency, and truly own and control their money without a third party having the final say on what happens to their money, that should be the reason why you would want to introduce BTC to people. If you promise them the idea of a better life or riches, you are putting yourself at crossroads, because you don't know when BTC price is going to pump, and you also do not know if they would want to hold it for a long time.

I do not have any intentions of changing people's perspective about BTC, the record and history is there for them to study, but if you want to, make sure you are introducing them to to censorship resistant currency and not one they would think was created to give them wealth and riches.


Title: Re: Public Perspective towards Bitcoin
Post by: Razmirraz on March 29, 2023, 07:59:28 AM
You can't expect all people who are against or have negative perceptions to accept the presence of Bitcoin in the midst of their lives. Public views are always different on a product, this is a beauty. When people who reject the existence of Bitcoin talk about something negative, those who are pro Bitcoin will align all arguments with the facts. Pros and cons will always occur everywhere, those who still see Bitcoin with one eye will change direction when faced with the fact that Bitcoin contains many positive values.


Title: Re: Public Perspective towards Bitcoin
Post by: robattfield on March 29, 2023, 08:07:09 AM
I see this problem too, and I think it's better to increase education and create more useful material about Bitcoin and other cryptocurrencies. Specifically we can create videos, articles, tutorials, books on how to use and invest in these cryptocurrencies. These documents need to be written in a clear and understandable way to help the public better understand Bitcoin and other cryptocurrencies. Of course, today's cyber information is chaotic, but instead of seeing it as a barrier, just try to spread the truth about this field more. As well as the creation of events and activities related to Bitcoin and other cryptocurrencies. We can organize seminars, contests about Bitcoin, exchange events and exchange experiences on investing in these cryptocurrencies.


Title: Re: Public Perspective towards Bitcoin
Post by: Lorence.xD on March 29, 2023, 08:32:23 AM

If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past.

My question is how we can turn their perspective into positive? I have good motive on that
because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.


It's normal for them to have negative thoughts at bitcoin especially first impression. It will widen the negative side especially when they do their own research about it online where they can find a lot of influencers spreads a lot of bad sides of bitcoin which is true since its a volatile system. You could lose your assets in just a second if you don't have enough knowledge.

So how do we turn it to positive side? Show them the benefits of bitcoin. You only need them to have knowledge and experience with it, and knowing how they can flip the bad side can motivate them to make good calls in investing and trading. Much better to have something like a podcast where people with expertise about crypto could share their ideas and questions just like this forum.



Title: Re: Public Perspective towards Bitcoin
Post by: bitzizzix on March 29, 2023, 08:41:36 AM
I will ignore negative views about bitcoin because gradually things like that will fade away, because in the end everyone starts to realize the good uses and benefits of bitcoin.
and apart from a number of reasons that they put forward and I think the most striking is because they think the way bitcoin works is difficult which is actually very easy once it's involved, and besides that bitcoin is also a new asset class so it's still easy to manipulate with various things it still scares people, but that doesn't diminish bitcoin's growth and ever-increasing popularity and it will continue to do so until everyone realizes it for themselves.


Title: Re: Public Perspective towards Bitcoin
Post by: YUriy1991 on March 29, 2023, 08:53:37 AM
I think the public's perception of Bitcoin and other cryptocurrencies is gradually shifting towards the positive. Positive news coverage and endorsements from influential figures have also increased public confidence in Bitcoin. The goal is also to address misconceptions around cryptocurrency and emphasize its potential to positively change the financial industry. leading to widespread adoption and integration of technology into our everyday lives.


Title: Re: Public Perspective towards Bitcoin
Post by: SOKO-DEKE on March 29, 2023, 08:58:17 AM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.

Bitcoin is not a recent invention, and I believe that many people have heard of it or come across the word in various social media platforms. The only problem is that they are not yet willing to perform any research on it.Since I learn a lot on social media despite having friends who introduced me to Bitcoin, I'm not sure if this kind of individuals require physical knowledge again. However, what I am considering at the moment is that we raise the level of education among those who are close to us in order to make the message easier to disseminate, as I believe that will be the easiest method for people to become motivated.



Title: Re: Public Perspective towards Bitcoin
Post by: SyndicateLabs on March 29, 2023, 09:06:23 AM
everything will be very simple if the government seriously considers its role and limitations on life.
i think bitcoin was born not to fight anything in life, when other material tools do not meet the needs by creating equality in life, the fact that bitcoin brings positivity but not being accepted may take time for people to get used to it.
we have become different and stronger since our inception, and I am seeing that in the last few years acceptance is more widespread than objection. :)


Title: Re: Public Perspective towards Bitcoin
Post by: CarnagexD on March 29, 2023, 09:32:42 AM
Some peopke automatically have negative perception towards bitcoin because they don't understand how it works and how valuable it can be. Once heard, they juts try to ignore it and settle on the shallow knowledge that they have. Also, maybe they've already heard some people who get scammed and associated it with Bitcoin right away. Tho it's good to be skeptical, it's better to answer those questions we are curious about.

I will ignore negative views about bitcoin because gradually things like that will fade away, because in the end everyone starts to realize the good uses and benefits of bitcoin.
and apart from a number of reasons that they put forward and I think the most striking is because they think the way bitcoin works is difficult which is actually very easy once it's involved, and besides that bitcoin is also a new asset class so it's still easy to manipulate with various things it still scares people, but that doesn't diminish bitcoin's growth and ever-increasing popularity and it will continue to do so until everyone realizes it for themselves.

Tho it's important to have much faith in Bitcoin it is also equally important to considering negative views and news about it. By knowing those, you can make more informed decisions about your next steps and you'll manage the potential risks associated with those bad news.


Title: Re: Public Perspective towards Bitcoin
Post by: fuguebtc on March 29, 2023, 09:37:45 AM
everything will be very simple if the government seriously considers its role and limitations on life.
i think bitcoin was born not to fight anything in life, when other material tools do not meet the needs by creating equality in life, the fact that bitcoin brings positivity but not being accepted may take time for people to get used to it.
we have become different and stronger since our inception, and I am seeing that in the last few years acceptance is more widespread than objection. :)

I agree the government is the biggest barrier to the unpopularity of bitcoin and many people are afraid of bitcoin because they believe in the government. You are right, bitcoin was not created to counter or replace anything, but I see many of us spreading the word that bitcoin will replace fiat and banking, and disrupt government dominance...It's like bitcoin is going against the government, which makes many governments oppose it. Bitcoin is an alternative for us, and the government is still ruling us, it's no use fighting them.


Title: Re: Public Perspective towards Bitcoin
Post by: woez on March 29, 2023, 09:39:43 AM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.

Bitcoin is not a recent invention, and I believe that many people have heard of it or come across the word in various social media platforms. The only problem is that they are not yet willing to perform any research on it.Since I learn a lot on social media despite having friends who introduced me to Bitcoin, I'm not sure if this kind of individuals require physical knowledge again. However, what I am considering at the moment is that we raise the level of education among those who are close to us in order to make the message easier to disseminate, as I believe that will be the easiest method for people to become motivated.



If we see, yes, Bitcoin has been around for over a decade, yet many people still don't fully understand it. While social media can provide some information, it's important to educate ourselves and those around us about this innovative technology. Rather than expecting individuals to seek out information on their own, we should take the initiative to raise awareness and educate our friends and family.

In My opinion By increasing education on Bitcoin, we can make it easier for people to understand and become motivated to participate in the cryptocurrency revolution. Let's take the time to educate ourselves and those around us to help spread the message about Bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: RockBell on March 29, 2023, 10:01:55 AM
 I was doing multiple sections about bitcoin at the radio station where I work and most times, I was surprised to see parents calls to get the basic knowledge about bitcoin since most of them had heard about bitcoin one way or the other on the international news but need clarity on certain things and bitcoin has got more and better attention for this past few years and the two major opinion I get from some of my friends is that they consider bitcoin to be ponzi scheme while the majority see it as an investment that has the potential to grow over time but the truth is that you can only share ideas you can force anyone to invest those that are lucky to invest will make their profit eventually.


Title: Re: Public Perspective towards Bitcoin
Post by: FahriZah on March 29, 2023, 10:22:17 AM
Actually Many People’s Thinking Bitcoin Never Pumping Again And No Have Any Future In Crypto Currency Sector's But Crazy People’s Don,t Know What Is Bitcoin And What Is Crypto Currency Opportunity Public Perspective In Cryoto Need To Always Thinking Well.


Title: Re: Public Perspective towards Bitcoin
Post by: deathcode on March 29, 2023, 08:22:47 PM
I was doing multiple sections about bitcoin at the radio station where I work and most times, I was surprised to see parents calls to get the basic knowledge about bitcoin since most of them had heard about bitcoin one way or the other on the international news but need clarity on certain things and bitcoin has got more and better attention for this past few years and the two major opinion I get from some of my friends is that they consider bitcoin to be ponzi scheme while the majority see it as an investment that has the potential to grow over time but the truth is that you can only share ideas you can force anyone to invest those that are lucky to invest will make their profit eventually.

You are right, I think it's better for us to educate according to our abilities as long as there is an opportunity we have to give our explanation and knowledge to the people closest to us or maybe people who are interested and want to know more about Bitcoin like you do.
Because I think we can't just force our thoughts on someone who has a negative view or is still closed about Bitcoin, everyone has a different character if we can't convey it precisely then I think it will increase their distrust of Bitcoin.
Time keeps turning and little by little people will automatically realize that Bitcoin is not always a ponzi scheme. People who immediately start investing may be luckier and get a lot of profit.


Title: Re: Public Perspective towards Bitcoin
Post by: TribalBob on March 29, 2023, 09:12:29 PM
no need to force everyone to know bitcoin because by themselves they will find out what bitcoin is, and start entering the world of crypto,
if we give the wrong info, we will be the first to be blamed if they fail,
people who hate crypto basically they don't believe in bitcoin and have experienced bad things in crypto for example fraud in investing in new coins / memes


Title: Re: Public Perspective towards Bitcoin
Post by: $anounimus$ on March 30, 2023, 04:06:30 AM
Yes the vast majority of the public either doesn't know what Bitcoin is or thinking it is something negative.


Usually they think:
1. It's bad for the environment (it isn't, its actual a huge benefit)
2. It's a scam or pyramid scheme / ponzi or some other scheme the don't know the actual definition of
3. It's outdated tech (lol)
4. It's only good for criminals
5. It'll just be banned
6. It's a bubble (and they apparently don't know its been through several market cycles)
7. It's something people lose money on / it's going to zero (lol facepalm)



I think I hit all the major misconceptions / negative views.


How do we fix these. Simple: education! There is so much misinformation about Bitcoin passed around by people who don't have a clue about it and those people greatly outnumber the people who are actually educated on Bitcoin. We as a community need very good very public educational resources to point people to. As more and more people get educated on Bitcoin eventually the momentum will swing in favor of education instead of misinformation. But we're a very long way from that. It would of course help if some big people in media and politics were educated on Bitcoin and could spread the world. As currently its the government that is engaging in the next big attack on Bitcoin.
Yes, I agree with your description. I also feel the same way when talking about Bitcoin with some people in my environment. They know little about Bitcoin but they are very apathetic. In several discussions I tried to dig deeper into their knowledge of Bitcoin, it turns out that what makes them apathetic is knowledge and errors in digesting information. In addition, they have also become victims of fraud in projects with MLM schemes and so on.

Apart from that, what makes some people worried about Bitcoin is because of the negative news about Bitcoin and cryptocurrencies in various media. As a result, the public considers that crypto currency is a form of systematic crime.

On another occasion I tried to explain the positive sides, including the investment platform that I'm currently using. They began to believe that I could withdraw the assets that I was investing on the platform at any time and were supported by government-owned banking. After that they realized that Bitcoin or other cryptocurrencies also have many positive sides.


Title: Re: Public Perspective towards Bitcoin
Post by: Kakmakr on March 30, 2023, 05:22:23 AM
People are also influenced by "good" news, so an increase in the Bitcoin price...seems to be one of the strongest motivators to get people to look at Bitcoin. I do not know if OP has ever been around the forum when the Bitcoin price are at it's highest price, because the buzz in the media, draw a lot of attention to this forum.

We see a lot of new people joining the forum, when the Bitcoin price are very high and there are a lot of success stories being posted everywhere. So, I am saying..... increase the price and the interest in Bitcoin will also rise.  ;)


Title: Re: Public Perspective towards Bitcoin
Post by: jeraldskie11 on March 30, 2023, 07:23:04 AM
no need to force everyone to know bitcoin because by themselves they will find out what bitcoin is, and start entering the world of crypto,
if we give the wrong info, we will be the first to be blamed if they fail,
people who hate crypto basically they don't believe in bitcoin and have experienced bad things in crypto for example fraud in investing in new coins / memes
I agree with that. And there are many people who look at Bitcoin badly, maybe they think it's a scam. But when they try Bitcoin, on how it works, they can say that crypto is great. Many have become rich in the crypto world but some of them have lost their investment. However, we should not blame Bitcoin for that because the most common reason is the lack of knowledge. Some were inadvertently transferred to the wrong address. There are others just because of hype, they let other people decide on their investment which is very wrong. We should be the ones to decide on our steps to be taken, and we should think carefully so that our decision is not based on emotion. Those who have become successful in Bitcoin, they no longer rely on the words of others, they have done their own research on how to grow their investment in crypto.


Title: Re: Public Perspective towards Bitcoin
Post by: karmamiu on March 30, 2023, 07:49:29 AM
no need to force everyone to know bitcoin because by themselves they will find out what bitcoin is, and start entering the world of crypto,
if we give the wrong info, we will be the first to be blamed if they fail,
people who hate crypto basically they don't believe in bitcoin and have experienced bad things in crypto for example fraud in investing in new coins / memes
If I were to be asked to coach someone about crypto, of course I'll immediately turn them down. Firstly, I learned crypto on my own (though not everyone is capable of self-learning), I was like that at first too, but diving into deep knowledge in regards of crypto requires you to be self-reliant. Unlike before when I first learned about crypto, right now there are so many sources for you to learn like google. Adding the fact that here in my county banks and financial institutions are slowly introducing crypto into their platforms, makes it much easier for those who are new to the space about what blockchain technology is.


Title: Re: Public Perspective towards Bitcoin
Post by: jrrsparkles on March 30, 2023, 11:19:39 AM
You can point some if the people managed to change their life into rich by investing at the right time and this will convince most of the people because money matters the most to everyone in this world. Explaining the importance of decentralized monetary system is the right way to do it but the common man can't be able to understand all these since we never thought about what is money anywhere, all we taught was work hard and make money.


Title: Re: Public Perspective towards Bitcoin
Post by: MusaPk on March 30, 2023, 11:44:14 AM
I agree the government is the biggest barrier to the unpopularity of bitcoin and many people are afraid of bitcoin because they believe in the government. You are right, bitcoin was not created to counter or replace anything, but I see many of us spreading the word that bitcoin will replace fiat and banking, and disrupt government dominance...It's like bitcoin is going against the government, which makes many governments oppose it. Bitcoin is an alternative for us, and the government is still ruling us, it's no use fighting them.

The reason why government is againest decentralized crypto not the centralized one is that government by no means can control it. Its really that simple.
Coming to bitcoin, I would say its not created to replace existing banking and Fiat system rather it has its own reason of existence and will exist side by side with traditional banking system.
The positive news for bitcoin is that despite governments hard stance on it, its community is gradually increasing. The only way bitcoin can progress is through its community since there are rear chances that government will accept it.


Title: Re: Public Perspective towards Bitcoin
Post by: Tony116 on March 30, 2023, 12:28:29 PM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.

Bitcoin is not a recent invention, and I believe that many people have heard of it or come across the word in various social media platforms. The only problem is that they are not yet willing to perform any research on it.Since I learn a lot on social media despite having friends who introduced me to Bitcoin, I'm not sure if this kind of individuals require physical knowledge again. However, what I am considering at the moment is that we raise the level of education among those who are close to us in order to make the message easier to disseminate, as I believe that will be the easiest method for people to become motivated.



I think against you, bitcoin is still very new, and the popularity of bitcoin varies from region to region. In my area, many people have never heard of bitcoin, let alone are willing to learn about it. We live in a world of 4G and 5G technology, but the internet has only been popular in my area for the last 2-3 years, which shows that many places do not have full access to the technology. The generation of my parents and uncle even had difficulty using Facebook or TikTok, so it was impossible for them to learn about bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: Faisal2202 on March 30, 2023, 02:05:39 PM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency?
The answer to your question is in your post, like if people are consuming bad opinions from whatever source and taking BTC as wrong then all we can do is show them the right path. It does not matter how you will do it like by talking to them directly or by increasing the good opinion to be consumed by them so they could think of it as good.

Overall, this factor has some significant importance but to some extent, people need basic knowledge and confidence in themselves so that they do not depend on the research or opinions of others. One thing that they assume about BTC as being bad is, regulatory restrictions and less educational content like if at the start, due to no access to the right knowledge I left BTC then again I step feet into crypto and found this forum and after some time I started to understand basics of crypto after which, I totally understand how things work.

I have seen most of the people who try to ask their friends or relatives involved in BTC about its origin and purpose, those who taught them like from an advanced level or try to teach them very hard idk why. But this confuses them and they tend to leave it. That's why we should teach those who find it hard to learn about BTC and blockchain.


Title: Re: Public Perspective towards Bitcoin
Post by: Bananington on March 30, 2023, 02:17:53 PM
So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.
Do not waste too much time on anyone that does not believe in bitcoins or choosing to hold their negative perspective still. You can share the facts and give the person proper information, but do not try to force your opinion on them so they do not think that you will gain something from them joining or choosing to invest in bitcoins. Environment affects perspective, and you will be surprised how many people's perspective have been affected by public opinion, they choose to just accept what has been said about bitcoins without going out to try to find out on their own if what they have been told and made to believe is true. Many people have accepted wrong ideas and information about bitcoins. If you try to correct this people and if begins to want to turn into an argument, just stop talking and let them be.


Title: Re: Public Perspective towards Bitcoin
Post by: loabiti33 on March 30, 2023, 02:22:08 PM
Independent of they see as a bad thing or scam or whatever, it usually comes down to Earning to them, how much they can win, that's why their interest goes from 0 to 100 real fast in ATH's, it's almost sickening. but maybe this time is different, who knows ,one more ath in 2 years and we will study again.


Title: Re: Public Perspective towards Bitcoin
Post by: Flexystar on March 30, 2023, 03:21:14 PM
I can relate to this one with the series and a movie that I was watching last year and suddenly Bitcoin's reference came in. So there are a bunch of FBI staff going around who are looking into drug smuggling and how the payment was made remains a mystery. Sooner FBI find out that they were not able to track the transaction because it was done through Bitcoin.

They also showed that it was next to impossible for them to track from where those bitcoins were sent. They have shown themselves completely confused and reaching a dead end. It was too much more exaggerated scene than what I am explaining here.

So yes they always show bitcoin in negative reference. It should be changed in the course of making such movies/series.



Title: Re: Public Perspective towards Bitcoin
Post by: kryptqnick on March 30, 2023, 03:25:36 PM
Bitcoin had a pretty negative public image when people were starting to learn about it, I think, and that was because it made the news due to Darknet websites using it. So it was literally perceived as a kind of money that criminals use online. But gradually, as different famous people and companies started getting interested and then some charity foundations started accepting Bitcoin as well, it started being something more, framed differently than before to the public. The only major negative sides to Bitcoin nowadays are IMO the belief that it is harmful to the environment and perhaps the belief that it helps launder money. But still, I think that the reputation of Bitcoin has greatly improved over time and will continue to do so.


Title: Re: Public Perspective towards Bitcoin
Post by: DoverDoane on March 31, 2023, 01:53:26 AM
Bitcoin had a pretty negative public image when people were starting to learn about it, I think, and that was because it made the news due to Darknet websites using it. So it was literally perceived as a kind of money that criminals use online. But gradually, as different famous people and companies started getting interested and then some charity foundations started accepting Bitcoin as well, it started being something more, framed differently than before to the public. The only major negative sides to Bitcoin nowadays are IMO the belief that it is harmful to the environment and perhaps the belief that it helps launder money. But still, I think that the reputation of Bitcoin has greatly improved over time and will continue to do so.

When the first appearance of bitcoint was popular in my country, there was a lot of confusing news regarding bitcoint until the government took the position that the state did not justify transactions or things related to bitcoint because this was a new thing in that year, another slow bitcoint became known to the public and business people joined because they were interested with the value of this Crypto currency, and now the government is facilitating it with special regulations related to Crypto currency, but there are still many people who don't know enough about this bitcoin, plus environmental problems due to miners that cannot be denied, especially those on an industrial scale with electric power thousands of megawatts which can affect the electricity around their area.


Title: Re: Public Perspective towards Bitcoin
Post by: Lida93 on March 31, 2023, 07:27:24 AM
The public view on bitcoin is highly of the negative this is because the usage and awareness is very low compared to those oblivion about the technology entirely. And there are fundamentals factors leading to this limited usage and negative perspectives, which are;
1. Many of these persons has had a bad investment experience's with some online financial schemes like virtual mining, chain-investment a kind of an online invest where you put in a certain amount of money to get back out capital and a 100% percentage profit. But all of these eventually ended up becoming a scam and their assets cated away. These experiences makes them flew away from anything of that nature thereby earthing a wrong impression and perspective from them towards bitcoin liken it to be like those others.

2. An acceptance of bitcoin by the government of a country to operate is a key factor to making and improving confidence of it's citizens on the technology. So a situation where the government strictly place a ban on cryptocurrency operations the very citizens would ignorantly believe it to be unworthy of trust and usage.

3.  This is an ardent truth for me which is, I believe bitcoin is a special technology and it being special I don't expect everyone to partake in it except for the few special people that understands the benefits tied to it.

But that been said above, we should try in our own little way to change the narrative about bitcoin within our little space,


Title: Re: Public Perspective towards Bitcoin
Post by: karmamiu on March 31, 2023, 08:45:22 AM
3.  This is an ardent truth for me which is, I believe bitcoin is a special technology and it being special I don't expect everyone to partake in it except for the few special people that understands the benefits tied to it.
When I first learned about crypto, I was curious and due to my curiosity, I had dived deep into it to learn more, and the first few months of my experience all I could say is that this number 3 or yours is what I definitely understood about what bitcoin is. Even until now, I still view bitcoin as something special and only few people who are lucky enough to adapt earlier and those who truly understood bitcoin deserved to own those. As what you've said about this being special, most people I met from way back years ago up until now, some of them only view bitcoin as an easy money that is in the middle of being legal and illegal. Nobody even bothered to understand that the first purpose of it is to become a currency, but instead they'd all go look at it and think "Yes! this is it! this is money, money and more money!". That's just how they view it, maybe time will come when they look at it very differently, and that's how people usually are, they have varying opinions and perception.


Title: Re: Public Perspective towards Bitcoin
Post by: posi on March 31, 2023, 09:09:35 AM
3.  This is an ardent truth for me which is, I believe bitcoin is a special technology and it being special I don't expect everyone to partake in it except for the few special people that understands the benefits tied to it.
When I first learned about crypto, I was curious and due to my curiosity, I had dived deep into it to learn more, and the first few months of my experience all I could say is that this number 3 or yours is what I definitely understood about what bitcoin is. Even until now, I still view bitcoin as something special and only few people who are lucky enough to adapt earlier and those who truly understood bitcoin deserved to own those. As what you've said about this being special, most people I met from way back years ago up until now, some of them only view bitcoin as an easy money that is in the middle of being legal and illegal. Nobody even bothered to understand that the first purpose of it is to become a currency, but instead they'd all go look at it and think "Yes! this is it! this is money, money and more money!". That's just how they view it, maybe time will come when they look at it very differently, and that's how people usually are, they have varying opinions and perception.

It's not their fault or ours. Bitcoin is a currency, but somehow it has been used as an investment since its earliest years, and stories of early bitcoin investors have grown rich. All of that has spread to this day, so there's nothing wrong with later generations seeing bitcoin as a place to make money rather than to be used as currency.

I don't know if that view will change in the future or not. But the concept of bitcoin as an investment is still spreading more and more every day, even on this forum, people talk about investment more than a payment method.


Title: Re: Public Perspective towards Bitcoin
Post by: Davidvictorson on March 31, 2023, 03:34:37 PM
My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.
Show them. Don't tell them. There's too much talk about bitcoin. Too much trying to convince and persuade the naysayers. The public ( not everyone) has their different opinions and perceptions about Bitcoin based on their own experiences. Start with one person in the public and not like 5 people.

So, like I said show them don't tell them. Show them the practical application and real life use cases of Bitcoin in money transfer,  cross border payments, identity management, real estate, decentralized finance, in retail, in smart contracts,Send them video and audio links, send them books on Bitcoin and cryptocurrency, invite them to Bitcoin and cryptocurrency conferences where they will meet and network with professionals doing amazing work in the industry. If after you have done this and their perspective doesn't change then let them be.


Title: Re: Public Perspective towards Bitcoin
Post by: beerlover on March 31, 2023, 04:44:04 PM
The answer to your question is in your post, like if people are consuming bad opinions from whatever source and taking BTC as wrong then all we can do is show them the right path. It does not matter how you will do it like by talking to them directly or by increasing the good opinion to be consumed by them so they could think of it as good.

Overall, this factor has some significant importance but to some extent, people need basic knowledge and confidence in themselves so that they do not depend on the research or opinions of others. One thing that they assume about BTC as being bad is, regulatory restrictions and less educational content like if at the start, due to no access to the right knowledge I left BTC then again I step feet into crypto and found this forum and after some time I started to understand basics of crypto after which, I totally understand how things work.
I would say that taking over the media would be a good way to start, and convincing the politician and the rich would be the first step for it. If the billionaires end up liking bitcoin, they would invest into it, and the media channels won't be able to say too many bad things about bitcoin because their overlords (the wealthy) would be investing into it and if they ever do that they would get fired.

This is why if we could make the rich people also stand with us on bitcoin topic, then we are going to see the media saying good things about it. Obviously there are people who go against things even when everyone supports it, but that's a smaller percentage and it's fine.


Title: Re: Public Perspective towards Bitcoin
Post by: Ryu_Ar1 on March 31, 2023, 04:48:22 PM
Actually, in conditions like this, I think we just need time for that because indeed the longer the conditions will change, especially the interest in bitcoin is now being felt more and more.
But for everyone's perspective and views on things like this I won't really mind too much if there are still many who think that bitcoin is a waste of energy or maybe one of the tools for crimes committed for ponzi or terrorist schemes because that's what they think and i don't care about that.
I just focus on myself regardless of what others think it is bad it doesn't matter even though this is a little disturbing the growth of bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: Alpha Marine on April 01, 2023, 09:46:17 AM
3. It's outdated tech (lol)
Hold Up! Do some people believe Bitcoin is outdated tech?
I'm literary laughing loud at this because this is up there with the dumbest misconception I've heard about Bitcoin and trust me I've heard a lot. Lol. This is so funny

4. It's only good for criminals
This is another thing I found funny. The internet also increased the crime rate, I don't see any of them calling for the ban of the internet. You can't blame the invention when it's people that abuse the invention. There are a whole lot of inventions that are been abused today. The benefits of Bitcoin in the society or economy greatly outweigh the demerits.


Title: Re: Public Perspective towards Bitcoin
Post by: nimogsm on April 01, 2023, 12:11:52 PM
There is an opinion in society that both Bitcoin and cryptocurrencies are something negative.But lately at least in my country, the attitude towards crypto has become much better and more people are joining the industry.Many young people have become interested in investments, as this is a more convenient way all you need is a phone and internet for this.One thing I can say for sure is that there is a positive trend towards the adoption and use of crypto in the community as there is much more information and instructions on the web.


Title: Re: Public Perspective towards Bitcoin
Post by: BTCBroker2016 on April 01, 2023, 05:37:20 PM
Feels like every year people becoming more positive towars btc due to time


Title: Re: Public Perspective towards Bitcoin
Post by: abel1337 on April 01, 2023, 06:37:32 PM
There is an opinion in society that both Bitcoin and cryptocurrencies are something negative.But lately at least in my country, the attitude towards crypto has become much better and more people are joining the industry.Many young people have become interested in investments, as this is a more convenient way all you need is a phone and internet for this.One thing I can say for sure is that there is a positive trend towards the adoption and use of crypto in the community as there is much more information and instructions on the web.
With the recent bull market, massive number of people learned and took the experience of using crypto. I believe that my country oponion about bitcoin is 50/50. There are people who really understand it and knows how it works but there are also people who only think of it as a negative investment or something that they can lose money. I believe this is the product of those scam projects which is prominent during bull market. I think it is the reason why they think bitcoin or crypto is a whole scam because they got scammed by some project. To be honest, most of my countrymen like easy money and can easily blinded by too good to be true offer that is why so many of my countrymen got scammed by fake/scam projects. This is the result of being unknowledgable on things you put your money on.


Title: Re: Public Perspective towards Bitcoin
Post by: Captain Corporate on April 01, 2023, 06:54:39 PM
The perspective changed a ton from the first time I got it. The day I joined crypto was early march of 2013 if I am not wrong, I heard about it in late 2012 but got it in early 2013 basically. During those days it was all drug money and money laundering and all the troublesome stuff and not the real things, like an investment. Obviously, that has changed a ton lately and there are a lot of people who are considering this as a bad thing even today but most of the people in the world ended up liking it and investing in it and now we have a lot better. Obviously, the price changed as well when the perspective changed, and that is still growing.


Title: Re: Public Perspective towards Bitcoin
Post by: panganib999 on April 01, 2023, 07:03:45 PM
First, you have to get rid of negative preconceptions about bitcoin as well as other biases that have been instilled to the public's mind since time immemorial, this is one of the hardest things to do without indoctrinating the people and making them look like zombies or cultists which we don't want. For that to become possible, we need to at least have a concrete plan, and thus far, holding informative seminars and community town hall meetings with incentives for attending and coming back proves to be the best way to catch the people's attention.

Next, you have to let them spread the word about bitcoin through word of mouth, this part is tricky because at the same time, you have to take into consideration the fact that they shouldn't think of bitcoin as this get-rich-quick scheme which might be instilled in their brains from the lessons you gave, but in any case, these are but some of the things I found out to be effective per se in relinquishing prejudice against bitcoin and allowing the public to see it in a better light.


Title: Re: Public Perspective towards Bitcoin
Post by: imamusma on April 01, 2023, 07:28:53 PM
The perspective changed a ton from the first time I got it. The day I joined crypto was early march of 2013 if I am not wrong, I heard about it in late 2012 but got it in early 2013 basically. During those days it was all drug money and money laundering and all the troublesome stuff and not the real things, like an investment. Obviously, that has changed a ton lately and there are a lot of people who are considering this as a bad thing even today but most of the people in the world ended up liking it and investing in it and now we have a lot better. Obviously, the price changed as well when the perspective changed, and that is still growing.
You're right, a lot of negativity about bitcoin is still being talked about and that isn't going to change among those who hate it. While anyone who is smart enough will not easily believe in anything until they prove it themselves. So, in the past, bitcoin was often called ponzi scheme, that was because they only believed what other people said, while they themselves didn't know what ponzi was.

Even today some people still believe that bitcoin can have a negative impact on a country's economy, but I think it is only because they are afraid that bitcoin is increasingly in demand by the public.


Title: Re: Public Perspective towards Bitcoin
Post by: Mate2237 on April 01, 2023, 07:47:55 PM
Frankly speaking, the majority of people that in the public space is still thinking that bitcoin is for bad people in the society. They think that anyone who uses bitcoin is a bad person. So they do not see anyone who uses bitcoin as a good person. But that is a misconception of the whole thing and that is why serious orientation need to be given to the public space about the good aspect of bitcoin so that those who thought that bitcoin is a bad asset will be convinced to accept bitcoin if not people are still blindfolded with the Ponzi schemes which were rampart around the whole world. Some church pastors do not even want their members to go close to bitcoin because as for them using bitcoin is against the faith and it is a sin. And it is committed awareness orientation that can remove this barricade from the mentality of these people.


Title: Re: Public Perspective towards Bitcoin
Post by: Kgdktac on April 01, 2023, 08:14:53 PM
To turn the public's perception of Bitcoin into a positive one, education is key. One effective way to educate the public about Bitcoin is by sharing accurate and reliable information about how it works, its benefits, and its potential impact on the financial industry.

Another way to promote the positive perception of Bitcoin is by highlighting its success stories and real-life use cases. For example, showcasing how Bitcoin has helped people in developing countries to access financial services, or how it has enabled individuals to make cross-border transactions without the need for intermediaries.

it is essential to address the concerns of the public regarding the risks and challenges associated with Bitcoin, such as market volatility and security risks. This can be done by providing transparent and accurate information on the risks involved and how to mitigate them.


Title: Re: Public Perspective towards Bitcoin
Post by: Gyfts on April 01, 2023, 08:51:52 PM
Keep them ignorant, why bother? After all it is your advantage anyway because you will keep accumulating bitcoin as it's price keeps increasing and then you can dump on these no-coiners with sky high prices, profits for you 😈

The only reason Bitcoin is valuable is because there's a demand for it. Prices increase with demand.

It is against the interests of a Bitcoin holder for the public perspective of crypto to be negative because that means less users, less demands, and a lower price.

And we can only hope the mainstream accepts Bitcoin sooner rather than later, because the attempts from government I've seen to regulate crypto have been concerning. Any passive observer would probably not be too receptive to such regulations, but they don't care enough because they aren't crypto users. These are the type of people we need on board if crypto has a chance against government derangement/ineptitude.


Title: Re: Public Perspective towards Bitcoin
Post by: samcoin on April 01, 2023, 10:12:08 PM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. 

The reason for the negative thinking about Bitcoin and the whole crypto sector, is the scam stories that show up from time to time. Today, I read somewhere in the news that $30 Billion was wasted on crypto scam projects, but I'm not sure about the period. Oppositly, this market has many advantages that might make it attractive to the crowd, like the high ROI it offers compared with other markets, so we shouldn't always judge it the bad way. Actually, the crowd sentiment about the crypto sector started to shift recently after the big investment companies joined the market, and with the support of some regulation papers that were presented in some countries. In addition, the volatility, which caused a lot of people to leave the market, started to decrease as the total market cap is going up. However, I think more time and regulations are needed before we can say that most of the world's popularity is positive about crypto.


My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.

Unfortunately, we as supporters can't do anything as the domain is controlled now by big companies and exchanges, who control Bitcoin prices and big shares in the well known altcoins. Even the biggest crypto news websites and media are supported and fully paid by some companies.


Title: Re: Public Perspective towards Bitcoin
Post by: Twentyonepaylots on April 02, 2023, 07:58:37 AM
Frankly speaking, the majority of people that in the public space is still thinking that bitcoin is for bad people in the society. They think that anyone who uses bitcoin is a bad person. So they do not see anyone who uses bitcoin as a good person. But that is a misconception of the whole thing and that is why serious orientation need to be given to the public space about the good aspect of bitcoin so that those who thought that bitcoin is a bad asset will be convinced to accept bitcoin if not people are still blindfolded with the Ponzi schemes which were rampart around the whole world. Some church pastors do not even want their members to go close to bitcoin because as for them using bitcoin is against the faith and it is a sin. And it is committed awareness orientation that can remove this barricade from the mentality of these people.

In our country, it is not directly reflected on the individual using it but the Bitcoin itself since they see it as a way to scam people. This, I think, is due to the cases of scam using bitcoin platform. It makes a bad image on it. Although, majority have awareness towards it, only half expresses interest in investing. I think these perspective on bitcoin and other cryptocurrency can be turn into a good one if we let people see how advantageous to use it and making sure that it is secure enough through having deeper understanding of the processes in regards to this.


Title: Re: Public Perspective towards Bitcoin
Post by: TheUltraElite on April 10, 2023, 03:33:22 PM
The only reason Bitcoin is valuable is because there's a demand for it. Prices increase with demand.

It is against the interests of a Bitcoin holder for the public perspective of crypto to be negative because that means less users, less demands, and a lower price.
A few negative users means discounted prices if they FUD the market, so that is good for us to accumulate, of course not sell - but then which one of us are selling away all their holdings right now? The ignorant people make the mistake of dragging the price down is when we can buy and then we will dump on them when they come in with new enthusiasm. This is what whales have been doing to profit.

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And we can only hope the mainstream accepts Bitcoin sooner rather than later, because the attempts from government I've seen to regulate crypto have been concerning. Any passive observer would probably not be too receptive to such regulations, but they don't care enough because they aren't crypto users. These are the type of people we need on board if crypto has a chance against government derangement/ineptitude.
We do need more users to join this sphere but only those who understand how this market works and thus have a strong holding game. Not the short term sellers who only see crypto as a mode of quick money and complain about it not going up right after they buy.


Title: Re: Public Perspective towards Bitcoin
Post by: romero121 on April 10, 2023, 11:52:03 PM
Public doesn't have much information regarding bitcoin in my locality. Even if something is broadcast about bitcoin, they doesn't care much about it as the awareness is quite low. In my region bitcoin isn't much associated with scams, because the people are fed up with different types of scams through traditional system have fooled people. Now slowly some people have started to scam people in the name of cryptocurrency. I don't know how long this could go, once myself encountered to meet the person and asked few questions. Informed him soon you're gonna be under the police custody for what you've been doing. He said he's just an agent and working for few dollars. His company is clearly registered and so on. I've suggested people not to get into traps, better understand what cryptocurrency is all about and move forward and take decision.


Title: Re: Public Perspective towards Bitcoin
Post by: tygeade on April 12, 2023, 04:48:46 PM
The only reason Bitcoin is valuable is because there's a demand for it. Prices increase with demand.

It is against the interests of a Bitcoin holder for the public perspective of crypto to be negative because that means less users, less demands, and a lower price.
A few negative users means discounted prices if they FUD the market, so that is good for us to accumulate, of course not sell - but then which one of us are selling away all their holdings right now? The ignorant people make the mistake of dragging the price down is when we can buy and then we will dump on them when they come in with new enthusiasm. This is what whales have been doing to profit.
I believe that we owe a lot to those people. Sure they are ignorant and have absolutely no clue and they are losing a lot of money. But that doesn't mean that we haven't benefited from that, they lose their money and who do they lose it to? People like us who would hold for a long time. We buy from them when it is low, and sell to people when it is high, which means that people who sell when the price is low are people we owe our wealth to.

I have bought bitcoin when it was under 20k for example, which means that there was someone who sold it when it was under 20k, and now I can sell that and make a profit, which is a proof that we are talking about people who lost money that became my gain and that's amazing to me.


Title: Re: Public Perspective towards Bitcoin
Post by: bosede1 on April 12, 2023, 05:27:47 PM
Experience has shown that you can only convince people with your own experience, but seriously most times I tell people about Bitcoin they don't doubt or hold any negative thoughts because they know I won't involve them in any dubious thing, the only issue is just funding with them. You don't need to change the public perspective about Bitcoin but if your little group or family is well-informed, then it will grow from there.


Title: Re: Public Perspective towards Bitcoin
Post by: martyns on April 12, 2023, 06:49:42 PM
Public doesn't have much information regarding bitcoin in my locality. Even if something is broadcast about bitcoin, they doesn't care much about it as the awareness is quite low. In my region bitcoin isn't much associated with scams, because the people are fed up with different types of scams through traditional system have fooled people. Now slowly some people have started to scam people in the name of cryptocurrency. I don't know how long this could go, once myself encountered to meet the person and asked few questions. Informed him soon you're gonna be under the police custody for what you've been doing. He said he's just an agent and working for few dollars. His company is clearly registered and so on. I've suggested people not to get into traps, better understand what cryptocurrency is all about and move forward and take decision.
You just spoke my mind mate,because my locality and the the people around this area have same perspective about Bitcoin as well.The moment they see that you do online work that pays you,they label you a scam,and I don't blame them atimes because most of them have their different ordeal about different people that have scammed them using the name Bitcoin,therefore,on the whole,they see Bitcoin as scam,but it is left for us who know how legit and how true it is to enlighten the public about Bitcoin,telling them the advantages and benefits of Bitcoin.

I have been able to convince a couple of friends around me now that BTC is never a scam,and that it is a legit source of income.Kudos to those of my friends who heard me and switched to Bitcoin,today they are thanking me for introducing and explaining in detail what Bitcoin is to them.


Title: Re: Public Perspective towards Bitcoin
Post by: TheUltraElite on April 19, 2023, 03:50:07 PM
I believe that we owe a lot to those people. Sure they are ignorant and have absolutely no clue and they are losing a lot of money. But that doesn't mean that we haven't benefited from that, they lose their money and who do they lose it to? People like us who would hold for a long time. We buy from them when it is low, and sell to people when it is high, which means that people who sell when the price is low are people we owe our wealth to.
Weak hands selling means profit for the strong hands who have the experience of years in this sector. Surely they should learn from this that they are making a mistake selling at the loss but there will always be someone who dumps early and accepts a loss than holding through a painful bear market. Same happens in the stock market with newbies buying at the bull market and being unable to hold for long, sell at the bear market. These things need to be learnt by any new speculative trader through dummy trading before real life trading.

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I have bought bitcoin when it was under 20k for example, which means that there was someone who sold it when it was under 20k, and now I can sell that and make a profit, which is a proof that we are talking about people who lost money that became my gain and that's amazing to me.
We can keep cycling this money to multiply the profits over years to come while those who dont will only wait and watch and never be able to grow their wealth.


Title: Re: Public Perspective towards Bitcoin
Post by: Baoo on April 19, 2023, 05:30:33 PM
Unfortunately, we are living in a pessimistic world, the social media is full of negativity and triviality. In fact, they usually spread fake news , article and misinformation on anything related to Bitcoin and generally cryptocurrencies, their main goal to affect on Bitcoin’s reputation in a terrible way. Fortunately, Bitcoin’s community is getting bigger by time despite all the successive attacks from the governments and banks to break it. In my opinion, we should not be worried with the public perspective  on Bitcoin. The more we spread positive , real information and educational resources , the more global outlook will be changed positively toward Bitcoin.That would be the best way turn to negative thoughts into positive actions instead of wasting your time with convincing the category who are against the digital currencies.


Title: Re: Public Perspective towards Bitcoin
Post by: woez on April 19, 2023, 06:08:50 PM
Yes the vast majority of the public either doesn't know what Bitcoin is or thinking it is something negative.

Usually they think:
1. It's bad for the environment (it isn't, its actual a huge benefit)
2. It's a scam or pyramid scheme / ponzi or some other scheme the don't know the actual definition of
3. It's outdated tech (lol)
4. It's only good for criminals
5. It'll just be banned
6. It's a bubble (and they apparently don't know its been through several market cycles)
7. It's something people lose money on / it's going to zero (lol facepalm)

I think I hit all the major misconceptions / negative views.

How do we fix these. Simple: education! There is so much misinformation about Bitcoin passed around by people who don't have a clue about it and those people greatly outnumber the people who are actually educated on Bitcoin. We as a community need very good very public educational resources to point people to. As more and more people get educated on Bitcoin eventually the momentum will swing in favor of education instead of misinformation. But we're a very long way from that. It would of course help if some big people in media and politics were educated on Bitcoin and could spread the world. As currently its the government that is engaging in the next big attack on Bitcoin.

Yes, It is unfortunate that most of the people do not know what Bitcoin is or think negatively of it due to misinformation. Your observations about major misconceptions and negative views of Bitcoin are quite accurate.

I think it is also important for influential people in media and politics to be educated about Bitcoin and spread the word. Right now, governments are embroiled in their next big attack on Bitcoin, so it is very important to educate policy makers about the benefits of Bitcoin and how it can positively impact the economy. Thanks for bringing the public's perspective on Bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: ZAINmalik75 on April 19, 2023, 06:17:39 PM
Unfortunately, we are living in a pessimistic world, the social media is full of negativity and triviality. In fact, they usually spread fake news , article and misinformation on anything related to Bitcoin and generally cryptocurrencies, their main goal to affect on Bitcoin’s reputation in a terrible way. Fortunately, Bitcoin’s community is getting bigger by time despite all the successive attacks from the governments and banks to break it. In my opinion, we should not be worried with the public perspective  on Bitcoin. The more we spread positive , real information and educational resources , the more global outlook will be changed positively toward Bitcoin.That would be the best way turn to negative thoughts into positive actions instead of wasting your time with convincing the category who are against the digital currencies.
Here I agreed with you about this all social media which needs to be positive and improve our life have too much negativity which is creating feud badly and many better things are also going into negative list specially Bitcoin which is surely one of the best thing which we have in recent years and surely which is bringing revolutionary changes in millions lives need to be had better awareness but due to some competition mostly are going against this which is surely never been idea thing.

Right now many are trying their best for bringing positive ways about this bitcoin but still this is not enough because we have competition with the Mafia which is holding independence of peoples and their money control, and they will never allow the changes like this but positive thing we are spreading around the world, and surely we will have bigger community in coming days as well.


Title: Re: Public Perspective towards Bitcoin
Post by: ItsCrafty on April 19, 2023, 06:22:22 PM

In our country, it is not directly reflected on the individual using it but the Bitcoin itself since they see it as a way to scam people. This, I think, is due to the cases of scam using bitcoin platform. It makes a bad image on it. Although, majority have awareness towards it, only half expresses interest in investing. I think these perspective on bitcoin and other cryptocurrency can be turn into a good one if we let people see how advantageous to use it and making sure that it is secure enough through having deeper understanding of the processes in regards to this.

Same case here also. In our country most of Forsage companies using crypto currency as a payment method. Recently some Forsage scammed million of doller to our country users which create very bad environment here in my country. Some money laundering cases also happen here. The crypto hater (Banks owner) tried there best to make full ban on crypto and Btc but not succeeded. Many users are holding btc here but because of government issue no one can freely talk about Btc. People and government leaders should be aware of its benefits and we should play some role in this situation.


Title: Re: Public Perspective towards Bitcoin
Post by: wahyuagung26 on April 19, 2023, 07:09:17 PM
Yes, It is unfortunate that most of the people do not know what Bitcoin is or think negatively of it due to misinformation. Your observations about major misconceptions and negative views of Bitcoin are quite accurate.

As time goes by and so does the development of Bitcoin in the world, it is increasingly presenting the perspectives of different people in understanding it, as well as the impact that will come whether it is positive or negative, maybe for those who are not interested in Bitcoin, of course they will think negatively about Bitcoin. , and the media also plays a role here when someone's perspective thinks negatively about Bitcoin when the media is unable to tell the true background of Bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: BVeyron on April 19, 2023, 08:29:38 PM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.

BTC and cryptocurrencies in general are becoming popular among people not working in IT field. Crypto has good potential in becoming stable trusted currency. The currency becomes stable when people become quite sure that it won't be a trouble for them to collect it. The actual value in economy is, in fact, psychological image of currency. People see themselves surrounded with good and useful things after they will have collected some money, and these dreams are the real drivers of economy.


Title: Re: Public Perspective towards Bitcoin
Post by: RockBell on April 21, 2023, 11:37:03 AM
Frankly speaking, the majority of people that in the public space is still thinking that bitcoin is for bad people in the society. They think that anyone who uses bitcoin is a bad person. So they do not see anyone who uses bitcoin as a good person. But that is a misconception of the whole thing and that is why serious orientation need to be given to the public space about the good aspect of bitcoin so that those who thought that bitcoin is a bad asset will be convinced to accept bitcoin if not people are still blindfolded with the Ponzi schemes which were rampart around the whole world. Some church pastors do not even want their members to go close to bitcoin because as for them using bitcoin is against the faith and it is a sin. And it is committed awareness orientation that can remove this barricade from the mentality of these people.

In our country, it is not directly reflected on the individual using it but the Bitcoin itself since they see it as a way to scam people. This, I think, is due to the cases of scam using bitcoin platform. It makes a bad image on it. Although, majority have awareness towards it, only half expresses interest in investing. I think these perspective on bitcoin and other cryptocurrency can be turn into a good one if we let people see how advantageous to use it and making sure that it is secure enough through having deeper understanding of the processes in regards to this.
The most annoying aspect is that some people see investing in Bitcoin as a Ponzi scheme and have a bad experience with Ponzi, which has led them to not want to hear anything about Bitcoin. That is one thing I find annoying about people because they don't really know much about Bitcoin and they are already labeling it as a scam. Even in my country, there are many crimes of scamming people all in the name of Bitcoin. Who would have thought that El Salvador would embrace Bitcoin as a legal tender? With bitcoin, things will quickly improve over time.


Title: Re: Public Perspective towards Bitcoin
Post by: Emmanuelex on April 26, 2023, 10:45:36 AM
Personally I don't think people see Bitcoin as a bad thing these days, though I know most of us would think that, but it's not the case. The truth is that a lot of people simply feel it's not meant for them. Bitcoin has been around for over decade, and I don't see any reason anyone would feel it's a scam (yes, there are few that still thinks so, but not the majority). But at the same time, if you look at it, Bitcoin is a risky business, if you invest money, there are two possibilities: it's either going to yield many profits, or you end up losing it. So when people look at this, and plus the fact that most people are hardly into investment, and prefers savings, it would be hard for them to consider Bitcoin.
Nevertheless, the community still grows, and people's interest in Bitcoin and cryptocurrency at large, keeps on growing.


Title: Re: Public Perspective towards Bitcoin
Post by: FUCKBSVFUCK on May 01, 2023, 07:07:41 PM
In the long run, the people will just always be thinking about what the good and bad is, and will get used to what they have not seen. Sometimes these are the things that most people do not care about - what is good, bad, or good for the economy because it is an excellent source of things and has a good potential. And sometimes there are people who just want to get what they have not seen. It is the people who are getting rich with the knowledge and ability to get rich quick. It may be the people who invest their time in those great companies that can help them get rich fast, but they cannot get rich quick or who are only rich when the time comes. This is how we can actually see the bitcoin and the other crypto assets.


Title: Re: Public Perspective towards Bitcoin
Post by: ZAINmalik75 on May 02, 2023, 05:38:43 PM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.
People who have no knowledge of Bitcoin and have never heard of Bitcoin.Telling such people about Bitcoin and getting them interested in Bitcoin or getting them to invest in Bitcoin will be very difficult.Because it is a natural process that one will avoid investing his money in something about which there is no information at all.

It's like if someone told us to buy Bitcoin in 2010 when it was super cheap. So we didn't believe in Bitcoin at that time. But today we are regretting, that if we had known then, we would have bought many more.

Just like we have examples of successful people who became rich because of Bitcoin, if we give people today examples of people who have become rich because of investing in Bitcoin.Our success due to our investment in Bitcoin means how much our lifestyle has changed before and after the investment. How stable our financial position has become because of Bitcoin.We have multiplied our capital by investing in Bitcoin.

Some people will be attracted to investment in bitcoin by seeing our such effort and our own position.They can also be told that their capital will remain safe in their hands.


Title: Re: Public Perspective towards Bitcoin
Post by: goldkingcoiner on May 02, 2023, 07:29:28 PM
For most old people, Bitcoin is and always will remain some new internet money thing that they do not understand and have absolutely no interest in learning more about. Thats because they are set in their ways and changing that is impossible.

The new and younger generations are the ones who will carry Bitcoin on their backs into the future. And banks are already crumbling, so that future is not all that far away, I would think.

But whenever something new comes out, people always criticize it without good argument. So no need to seriously worry about what the current public opinion is. The public opinion is trash.


Title: Re: Public Perspective towards Bitcoin
Post by: timoshani on May 02, 2023, 08:18:40 PM
Yes, It is unfortunate that most of the people do not know what Bitcoin is or think negatively of it due to misinformation. Your observations about major misconceptions and negative views of Bitcoin are quite accurate.

As time goes by and so does the development of Bitcoin in the world, it is increasingly presenting the perspectives of different people in understanding it, as well as the impact that will come whether it is positive or negative, maybe for those who are not interested in Bitcoin, of course they will think negatively about Bitcoin. , and the media also plays a role here when someone's perspective thinks negatively about Bitcoin when the media is unable to tell the true background of Bitcoin.
Bitcoin's background is clear. It's earnings. Or rather, the possibility of earning ordinary people. But as always, the world has turned upside down and they are trying to dress bitcoin in a shirt. What are the attempts at banking regulation worth? And if we see a bullish trend again, then everything will return to the right places.


Title: Re: Public Perspective towards Bitcoin
Post by: AmoreJaz on May 02, 2023, 11:11:25 PM
Personally I don't think people see Bitcoin as a bad thing these days, though I know most of us would think that, but it's not the case. The truth is that a lot of people simply feel it's not meant for them. Bitcoin has been around for over decade, and I don't see any reason anyone would feel it's a scam (yes, there are few that still thinks so, but not the majority). But at the same time, if you look at it, Bitcoin is a risky business, if you invest money, there are two possibilities: it's either going to yield many profits, or you end up losing it. So when people look at this, and plus the fact that most people are hardly into investment, and prefers savings, it would be hard for them to consider Bitcoin.
Nevertheless, the community still grows, and people's interest in Bitcoin and cryptocurrency at large, keeps on growing.

i believe, the negative perception towards bitcoin is slowing down. that is because known companies or just a very good example is el salvador making btc as legal tender. if a country made it as legal tender then the hesitations of those people that btc is a scam may have gone away.
and people are also educating themselves. so the notion that btc is only used for money laundering, illegal transactions is changing. when top companies are vocal with their support towards BTC, people will think twice that it is not after all used for illegal activities.


Title: Re: Public Perspective towards Bitcoin
Post by: Inwestour on May 03, 2023, 11:09:50 AM
For most old people, Bitcoin is and always will remain some new internet money thing that they do not understand and have absolutely no interest in learning more about. Thats because they are set in their ways and changing that is impossible.

The new and younger generations are the ones who will carry Bitcoin on their backs into the future. And banks are already crumbling, so that future is not all that far away, I would think.

But whenever something new comes out, people always criticize it without good argument. So no need to seriously worry about what the current public opinion is. The public opinion is trash.
It is likely that we can see the formation of a new economy in a very short time, this may not be stretched for years, but will take several weeks or months.

What we see in the banking sector is the usual reaction of banks to crisis, when banks cannot survive in such conditions, in such periods, weak links always leave the market, and it seems that this is only the beginning of a crisis.

The old generation will have to adapt to new conditions, if this happens in the near future, then they will be obliged to understand at least digital national currencies, because it can become their and our new reality.


Title: Re: Public Perspective towards Bitcoin
Post by: Ahli38 on May 03, 2023, 03:47:32 PM
For most old people, Bitcoin is and always will remain some new internet money thing that they do not understand and have absolutely no interest in learning more about. Thats because they are set in their ways and changing that is impossible.

The new and younger generations are the ones who will carry Bitcoin on their backs into the future. And banks are already crumbling, so that future is not all that far away, I would think.

But whenever something new comes out, people always criticize it without good argument. So no need to seriously worry about what the current public opinion is. The public opinion is trash.
It is likely that we can see the formation of a new economy in a very short time, this may not be stretched for years, but will take several weeks or months.

What we see in the banking sector is the usual reaction of banks to crisis, when banks cannot survive in such conditions, in such periods, weak links always leave the market, and it seems that this is only the beginning of a crisis.

The old generation will have to adapt to new conditions, if this happens in the near future, then they will be obliged to understand at least digital national currencies, because it can become their and our new reality.

But now I see more and more of the older generation who are getting interested in every digitization and are starting to study it quite seriously. including digital money and crypto. However, the obstacles they experience are because the older generation always have difficulty understanding foreign terms and they quickly give up when they encounter obstacles.

But one generation ahead (generation Z) I think will make bitcoin adoption grow rapidly and be accepted in almost all countries.


Title: Re: Public Perspective towards Bitcoin
Post by: cydrix on May 03, 2023, 04:21:30 PM
A good item doesn't require persuasion. The general public didn't need to be persuaded to use the Internet by Internet enthusiasts. Electricity, a radio, a car, a train, a plane, and more. Every invention had detractors, but they never became popular because someone persuaded people of their advantages. Those that were successful have simply amply proven their superiority to earlier technology. Bitcoin is unable to operate similarly to banks and fiat money.


Title: Re: Public Perspective towards Bitcoin
Post by: brother brother on May 03, 2023, 08:46:31 PM
Many view Bitcoin as gambling, some as scam, or some as digital online currency as high risk, but those that have more deep knowledge and makes research which are also into it knows the benefits and importance. Due to failure of some people that falls into scammer, they have discouraged some other people from dealing with Bitcoin and relating any thing with cryto is scam testifying to other is manipulation by smart online individual trying to hack other people account or information.


Title: Re: Public Perspective towards Bitcoin
Post by: bbigtart on May 03, 2023, 09:25:19 PM
Many people do not fully understand Bitcoin and even have negative views about it due to misunderstanding and misinformation. Therefore, proper education is essential to correct misconceptions and promote a better understanding of Bitcoin.

My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.
First of all, there should be efforts to educate people about the truths and facts about Bitcoin through accessible and easy-to-understand education, so that they can understand its benefits and how it can have a positive impact on society and the economy as a whole. Also, there needs to be an effort to bring important people in the media and politics to understand Bitcoin better. By doing so, they can promote a better understanding of Bitcoin and change people's negative views of it.

Lastly, collaborative and synergistic efforts from all parties, including experts, entrepreneurs, and governments, are needed to correct people's misconceptions and negative views about Bitcoin. By building a better understanding of Bitcoin, people can benefit from this innovative technology and help propel the economy forward.


Title: Re: Public Perspective towards Bitcoin
Post by: Baoo on May 03, 2023, 11:14:10 PM
Experience has shown that you can only convince people with your own experience, but seriously most times I tell people about Bitcoin they don't doubt or hold any negative thoughts because they know I won't involve them in any dubious thing, the only issue is just funding with them. You don't need to change the public perspective about Bitcoin but if your little group or family is well-informed, then it will grow from there.
Well, it is quite hard to change people’s perspective on Bitcoin due to a lot of parts are trying so hard to ruin BTC reputation, they literally control the media news and publish  fake articles and incorrect information. In fact, I have realized that they spread fear to make people avoid Bitcoin and generally digital currencies. In addition to that, the governments and bank’s attempts to break Bitcoin down have a negative impact on the reputation. In my opinion, the only way to turn those negative and fake thoughts on Bitcoin into positive ones is by spreading Blockchain, Bitcoin and cryptocurrency education, it can be achieved by publishing courses on famous or popular forums. That’s the best way to change people’s opinions and attract them. In conclusion, the only way to fight negativity is with positivity.


Title: Re: Public Perspective towards Bitcoin
Post by: Mr.right85 on May 03, 2023, 11:25:33 PM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that.
I believe you and I are a part of that public and if that be the case, I refuse to be a part of the population that takes to a negative perspective for bitcoin. Not with the much I've come to know from my time here and even at my early contact with cryptocurrency, I didn't very much see it for it's adversity but rather, some strange coin on the Web, not knowing how it's used or earned at the time. My interest was at an ATL then but, that's much changed now.

Consuming just whatever is thrown to the rest of the public by social media and from television broadcast is very much something not unusual and hard not to believe by most. They look towards these medias for safety and the tips to help them go day-to-day but, where most of them get it wrong is that;

The ought to do own research
They also forget that humans very much like themselves are the once that put out these info.

Maybe if they realise this, they would be more involved in the scrutiny of what information they download.


Title: Re: Public Perspective towards Bitcoin
Post by: lonerangerh on May 03, 2023, 11:29:20 PM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency?
This is an excellent question and an important one for the future of the cryptocurrency industry. Changing the public's perception of Bitcoin and other cryptocurrencies may be challenging, but it is not impossible. Here are a few suggestions on how to shift the narrative from negative to positive:

Education: As with anything that is new or unfamiliar to people, education is key. The more people know about Bitcoin and how it works, the more comfortable they will be with it. A great way to educate the public is through social media. You can share informative articles, infographics, and videos that explain the basics of Bitcoin and its potential benefits.

Highlight the positives: There are many positive aspects to Bitcoin that are often overlooked in the media. For example, Bitcoin has the potential to make financial transactions faster and more secure. It can also reduce transaction fees and provide greater financial freedom to people who don't have access to traditional banking systems. By highlighting these positives, we can shift the narrative and create a more balanced view of Bitcoin.


Title: Re: Public Perspective towards Bitcoin
Post by: drwhobox on May 03, 2023, 11:35:02 PM
A good item doesn't require persuasion. The general public didn't need to be persuaded to use the Internet by Internet enthusiasts. Electricity, a radio, a car, a train, a plane, and more. Every invention had detractors, but they never became popular because someone persuaded people of their advantages. Those that were successful have simply amply proven their superiority to earlier technology. Bitcoin is unable to operate similarly to banks and fiat money.

Long story short a great technology doesn't need anyone's validation. It will rise for its own valuation. Bitcoin is going strong for the technology and the great potential of of alternative of fiat. Bitcoin is solving many financial problems and will be doing the same over the coming years.


Title: Re: Public Perspective towards Bitcoin
Post by: Josefjix on May 04, 2023, 07:32:01 AM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency?
This is an excellent question and an important one for the future of the cryptocurrency industry. Changing the public's perception of Bitcoin and other cryptocurrencies may be challenging, but it is not impossible. Here are a few suggestions on how to shift the narrative from negative to positive:

Education: As with anything that is new or unfamiliar to people, education is key. The more people know about Bitcoin and how it works, the more comfortable they will be with it. A great way to educate the public is through social media. You can share informative articles, infographics, and videos that explain the basics of Bitcoin and its potential benefits.

Highlight the positives: There are many positive aspects to Bitcoin that are often overlooked in the media. For example, Bitcoin has the potential to make financial transactions faster and more secure. It can also reduce transaction fees and provide greater financial freedom to people who don't have access to traditional banking systems. By highlighting these positives, we can shift the narrative and create a more balanced view of Bitcoin.
Most traders are persuaded to believe the market process by demonstrating the positive aspects of bitcoin, whether through trading or investment, and, most significantly, profits. Depending on the challenges and rewards of Bitcoin that a trader has experienced, public opinion on Bitcoin can be either positive or negative. The most crucial thing is to raise public awareness; nevertheless, numerous conditions must be in place before lecturing the public about bitcoin. It is necessary to be educated in order to learn more about cryptocurrencies.


Title: Re: Public Perspective towards Bitcoin
Post by: Jet Cash on May 04, 2023, 07:42:31 AM

I think I hit all the major misconceptions / negative views.


You left out - It isn't real money

People seem to think that because they have bits of paper with promises that say you can change it for another biut oif paper, or a bank account book entry, fiat currencies are real. If someone inverted a Bitcoin note that could be used in payment, then it would gain rapid acceptance in my opinion. I don't think that this is possible, as there doesn't seem to be a way to prove the coin hasn't been spent. Of course you could check online, but then why would you need the note? Actually maybe a QR code with a blockchain checking app might work.


Title: Re: Public Perspective towards Bitcoin
Post by: TheUltraElite on May 09, 2023, 02:55:51 PM
Long story short a great technology doesn't need anyone's validation. It will rise for its own valuation. Bitcoin is going strong for the technology and the great potential of of alternative of fiat. Bitcoin is solving many financial problems and will be doing the same over the coming years.
It has come beyond that part of "pyramid scheme" and has been accepted by many mainstream sections in this world. Problem is the grey-area stance from many governments and apparently a resistant attitude from some governments. They dont want the banking system to stop, but thing is that these two systems can work together and I feel that is what is gradually happening as people get the freedom to choose which one they want as per their need.

Let the negative people remain negative, your logic should be evidence based and clear, not based on hearsay or assumptions. With that bitcoin is defenitely a step ahead in future.


Title: Re: Public Perspective towards Bitcoin
Post by: monedauno on May 10, 2023, 09:10:46 AM
Yes, in my opinion, the positive thoughts in crypto is all about the development of the country's economy and of its people, what the positive thoughts are is that it will make people get better, that is to do better for them financially and for their people.


Title: Re: Public Perspective towards Bitcoin
Post by: tygeade on May 14, 2023, 08:14:14 AM
It is likely that we can see the formation of a new economy in a very short time, this may not be stretched for years, but will take several weeks or months.

What we see in the banking sector is the usual reaction of banks to crisis, when banks cannot survive in such conditions, in such periods, weak links always leave the market, and it seems that this is only the beginning of a crisis.

The old generation will have to adapt to new conditions, if this happens in the near future, then they will be obliged to understand at least digital national currencies, because it can become their and our new reality.
I have to say that it is not going to be that much of a shocking result, shouldn't really be one, I feel like it is going to actually not matter all that much. I believe that we could go up with a situation where it is going to end up with a lot of trouble for the long term. I know that people are not approaching this as a big deal just yet, and I know that it feels like we are talking about a deal that is definitely not profitable for long enough time, but at the end of the day we are talking about bitcoin replacing fiat as investment.

Fiat will still be used, but investments made in fiat (like stocks and all) will not matter if this happens, and people will all invest in crypto instead of anything in fiat, which would be weird to see, not saying it won't happen, but it will be difficult.