Common misconceptions about Bitcoin.

[Tmoonz]

>>They are so many misconceptions about Bitcoin, if I should start mentioning I could end up being bored while typing. The list goes on and on.
I had an argument with a friend just yesterday, who seemingly believes that Bitcoin is being controlled by a single entity and Bitcoin is not secure.
He said a lot to back his claims which although I can't remember his pin points though.
I knew once that he doesn't really know much about Bitcoin so I decided to back out of the argument.
Misconceptions like this are merely caused by lack of education (Bitcoin related) and sometimes education in general.
There even might be people in this forum who have similar misconceptions, the question is how do we tackle this misconceptions?

The misconceptions can not be tackled, I must say because there is no way everyone can accept Bitcoin, it is a digital asset class and majority thought that everything that has to do with online is prone to be scammed, accepting Bitcoin is beyond being convinced by another person rather it has more to do with personal conviction to accept the very potentials that Bitcoin holds, it is a digital world and majority has refused to accept the civilization technology has brought for us, alot doubted the potency of Bitcoin at it's earliest days which they might have regretted today seeing Bitcoin doing well today hence, any one refusing to see the true values of Bitcoin should be left alone why the regrets awaits.

[justdimin]

I had an argument with a friend just yesterday, who seemingly believes that Bitcoin is being controlled by a single entity and Bitcoin is not secure.
He said a lot to back his claims which although I can't remember his pin points though.
I knew once that he doesn't really know much about Bitcoin so I decided to back out of the argument.
Misconceptions like this are merely caused by lack of education (Bitcoin related) and sometimes education in general.
There even might be people in this forum who have similar misconceptions, the question is how do we tackle this misconceptions?

Honestly, in any case or shape or data or idea, crypto is true wealth no matter what. I understand that if you keep it at an exchange that might be something scary for some people and I understand that and that's fine, but that doesn't mean that we are going to be doing terrible with that neither. However, if you are holding it in your own wallet, preferably a hardware wallet, then you are going to have the true wealth that we are talking about here, that's the most important part.

I believe that we need to make sure that we are dealing with something that will be something nobody can touch and it's all ours and it can move anywhere we want too. Hell, people took out their own savings with crypto across borders during the war, that should tell you enough about it.

[Ryu_Ar1]

>>They are so many misconceptions about Bitcoin, if I should start mentioning I could end up being bored while typing. The list goes on and on.
I had an argument with a friend just yesterday, who seemingly believes that Bitcoin is being controlled by a single entity and Bitcoin is not secure.
He said a lot to back his claims which although I can't remember his pin points though.
I knew once that he doesn't really know much about Bitcoin so I decided to back out of the argument.
Misconceptions like this are merely caused by lack of education (Bitcoin related) and sometimes education in general.
There even might be people in this forum who have similar misconceptions, the question is how do we tackle this misconceptions?

The misconceptions can not be tackled, I must say because there is no way everyone can accept Bitcoin, it is a digital asset class and majority thought that everything that has to do with online is prone to be scammed, accepting Bitcoin is beyond being convinced by another person rather it has more to do with personal conviction to accept the very potentials that Bitcoin holds, it is a digital world and majority has refused to accept the civilization technology has brought for us, alot doubted the potency of Bitcoin at it's earliest days which they might have regretted today seeing Bitcoin doing well today hence, any one refusing to see the true values of Bitcoin should be left alone why the regrets awaits.

This is true because after all as long as bitcoin exists and continues to have progress even though its increase will be a good thing but still it will also be hated by some people so they will try to bring up rumors and news with the power they have so that others who are still laymen and do not know about bitcoin feel that this is a wrong thing.
This is not a new thing because from the beginning I knew bitcoin I started by not liking bitcoin because I only saw negative news about this although over time my thoughts began to be more open and wanted to find out more about bitcoin but it cannot be denied that other lay people will also be the same as what I did.
There is nothing that can be done from this because after all as you say bitcoin is not everyone can be in it so we only need to do what must be done and if we can we only need to provide more understanding at least for the closest people so that understanding of bitcoin is more open and not just closing ourselves because of negative news about bitcoin.

[Ojima-ojo]

One common misconception that I have heard often from my friend circle is how lucky I am to own bitcoin and how they will never have enough money to invest in and buy one whole bitcoin. It amazes me every time, regardless of how often I explain it to them that bitcoin is divisible enough, making it possible that you buy $1 worth of it if you want. To that they say that it would look silly if they owned only 0.00001 BTC or something like that. Sadly, there is no helping some people.

I understand that look when, your friends looking at you like a demmy gods for owning what every other person is praying to have, in my country, once you allowed yourself to be identified as a cryptocurrency owner, not matters the amount in bitcoin they believe that you extremely rich for owning bitcoin.

[Nwada001]

The misconceptions can not be tackled, I must say because there is no way everyone can accept Bitcoin, it is a digital asset class and majority thought that everything that has to do with online is prone to be scammed, accepting Bitcoin is beyond being convinced by another person rather it has more to do with personal conviction to accept the very potentials that Bitcoin holds, it is a digital world and majority has refused to accept the civilization technology has brought for us, alot doubted the potency of Bitcoin at it's earliest days which they might have regretted today seeing Bitcoin doing well today hence, any one refusing to see the true values of Bitcoin should be left alone why the regrets awaits.

It can't be completely tacked, but it can be reduced by trying to pass the right information all the time to the right people. We can't force people to accept bitcoin, but we can somehow let them know that it's definitely not the way they picture it to be by creating a conducive environment for them to look at it from.
 
You can do this by creating a counterargument to any reason or example that they give that justifies their claims.
 
For instance, using the popular saying that the use of crypto currency promotes terrorism funding and every sort of illegal activity, you can give an instance of where fiats have been used for such cases, letting them know that crypto is not the problem but the people using it are.

[Churchillvv]

The misconceptions can not be tackled, I must say because there is no way everyone can accept Bitcoin, it is a digital asset class and majority thought that everything that has to do with online is prone to be scammed, accepting Bitcoin is beyond being convinced by another person rather it has more to do with personal conviction to accept the very potentials that Bitcoin holds, it is a digital world and majority has refused to accept the civilization technology has brought for us, alot doubted the potency of Bitcoin at it's earliest days which they might have regretted today seeing Bitcoin doing well today hence, any one refusing to see the true values of Bitcoin should be left alone why the regrets awaits.

It can't be completely tacked, but it can be reduced by trying to pass the right information all the time to the right people. We can't force people to accept bitcoin, but we can somehow let them know that it's definitely not the way they picture it to be by creating a conducive environment for them to look at it from.
 
You can do this by creating a counterargument to any reason or example that they give that justifies their claims.
 
For instance, using the popular saying that the use of crypto currency promotes terrorism funding and every sort of illegal activity, you can give an instance of where fiats have been used for such cases, letting them know that crypto is not the problem but the people using it are.

Apparently, Pepe like to results that can convince them to unlearn what they have learnt or what they have been assuming, just making counterarguments can't really change assumptions but evidence to backup your argument would and if well presented it might kead them to more interest in trying to figure out wgst true potentials it has.

One big thing is education, once people get enlightened the misconceptions would begin to die off. it's just a matter of time bitcoin is already on this way to make a more big difference that could lead to people regretting their actions of being stubborn towards it.