Bitcoin Spotlight

[Games.Bitcoin]

I read a report that said only 1% of Humans know about crypto currencies. To be honest, I doubt this is true. I think a lot of people are becoming aware, and another report said 80% of Japan already know's about it's existence.

A question which often ticks around in my brain is "WHY have the world leaders not spoken of crypto's yet?"

I would assume that if they saw it as a problem, they would say so, and if they saw it as the future of currencies, they would say so too - just like the multi-million/billionaires.

It could be planned to not give attention to crypto's too, which seems likely since these people basically work for the federal reserve.

I think once presidents/rulers with modern age thinking come to power, there will be a great awareness for btc and other crypto's!

What about you guys? Have you been hearing people speak of crypto's in your daily lives?

[Pursuer]

I read a report that said only 1% of Humans know about crypto currencies. To be honest, I doubt this is true. I think a lot of people are becoming aware, and another report said 80% of Japan already know's about it's existence.

world's population is 7.6 billion, 1% of that is 76 million, that sounds about right to me. although saying "know about" is kind of a general thing. maybe a whole lot of them have just heard the name bitcoin in passing or on TV but to know what bitcoin is, how much it is worth, how to buy, use,... is a different thing. and to invest in it is also another thing.

A question which often ticks around in my brain is "WHY have the world leaders not spoken of crypto's yet?"

they have!
recently I believe it was Putin that said something about bitcoin which I forgot, last year it was Obama that called bitcoin "a Swiss bank in your pocket". and there are probably a lot more but I just don't really follow these things to remember all of them

I would assume that if they saw it as a problem, they would say so, and if they saw it as the future of currencies, they would say so too - just like the multi-million/billionaires.

It could be planned to not give attention to crypto's too, which seems likely since these people basically work for the federal reserve.

I think once presidents/rulers with modern age thinking come to power, there will be a great awareness for btc and other crypto's!

What about you guys? Have you been hearing people speak of crypto's in your daily lives?

there are two things here in my opinion:
1. the fear. which may be fear of illegal activities using bitcoin and other cryptocurrencies specially the anonymous ones. for example fear of money laundering. and also it can be fear for banks and fear of local currency losing its place.

2. the opportunity. if a country or some jurisdiction wastes time in adopting bitcoin and regulating it, they will fall behind from the rest of the world and also it can lead to businesses leaving that place to other bitcoin-friendly zones and that is losing a large market.

[A1exander]

I read a report that said only 1% of Humans know about crypto currencies. To be honest, I doubt this is true. I think a lot of people are becoming aware, and another report said 80% of Japan already know's about it's existence.

There are billions of people living in poor countries in Africa, Asia and South America. Many of them use local currency in the cash form only and have never seen a credit card. Of course, they never heard about crypto.

A question which often ticks around in my brain is "WHY have the world leaders not spoken of crypto's yet?"

As mentioned in the previous comment, they did.

What about you guys? Have you been hearing people speak of crypto's in your daily lives?

I did, but I'm a software engineer and my colleagues are far from proper representation of the general population.