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Author Topic: Are bitcoins only for the educated and knowledgeable people only?  (Read 11843 times)
alex_mercer
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September 11, 2017, 03:23:57 AM
 #181

For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?
It's here for everybody. The point is, if the individual do not educate himself to understand it, he/she would probably not see value on it, and would dump it in the middle of the way. Knowledge is necessary to be a good investor, and hodler.
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September 11, 2017, 04:14:29 AM
 #182

Nope. Bitcoin is for everyone. It is true that early on mostly tech-savvy people were involved, but now it is becoming easier to use.
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September 11, 2017, 05:59:50 AM
 #183

What do you mean educated and knowledgeable? Do you mean someone who had a college degree, masteral or doctorate. Bitcoin is everywhere. Google and youtube can teach you Bitcoin on its simplest form. You dont need a college degree to understand how Cryptocurrency works. Determinationa and hardwork is the key.

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September 11, 2017, 06:36:02 AM
 #184

For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?
Need to defined what you categorize educated and knowledgeable people, because i think people when from a stage of uneducated and unknowledgeable before being educated. And how you socialize the bitcoins growth will be the key factor to increase their knowledge about bitcoins. So i think its for everyone that wants to work hard and shape your mind into a creative mind, because sometimes highly educated people know shits and dont even want to try or work for it.  Grin Grin
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September 11, 2017, 06:48:47 AM
 #185

For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?

I can say that bitcoin is not only for the educated and knowledgeable people. Why because it is made for everybody whether your white, Caucasian, asian or what ever color you maybe. It doesn't choose even what age you are in.  As long as you understand the basics you can use, technical aspects is not that important unless you are to developments (cryptocurrency). The important thing about this is that you should know the basics in how to acquire and grow it, eventually it will serve you will once that the price is right.   









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September 11, 2017, 07:08:23 AM
 #186

For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?
There is no such thing that only educated and talented people should only use bitcoin. Bitcoin was created to avoid discrimination among people.  But the thing is if only people know how to use bitcoin it will not be a problem, massive part of the world's population don't use bitcoin either because they don't know how to use or they don't have a computer or ego issue or worse.

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September 11, 2017, 09:21:03 AM
 #187


Anyone can use bitcoin if he/she knows about it's existence and have access to the internet.
It's not complicated to use bitcoin when someone is interested.

But I think the usecase will differ from person to person and is somehow dependent to the knowledge (not education) about bitcoin.

The deeper someone dive into the topic cryptocurrencies the more this person may see the possible future and impacts it can have.

There are people who say
"I will never touch it, because it's a ponzi/pyramid etc.'
or "I give it a try but maybe forget about it after some time"
or "I buy because others made a lot of money with it, but I'm afraid when exchange rates go down"
or "I believe it is a currency for day to day use"
or "I believe it is a store of value for long time hodl"
or "I believe it has the potential to replace all national currencies"
and lot of different reasons between those.

At the moment not many people have deep enough knowledge about bitcoin.
Most people maybe just heard about it but have no clue what it is actually.

And if those people are not interested in learning about bitcoin, they maybe will never use it until it became mainstream.
Al Amin
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September 11, 2017, 10:18:14 AM
 #188

For me no, because everyone can use the most important bitcoin is the internet connection and there is a willingness of the person to learn bitcoin and dabbling in it.

magneto
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September 11, 2017, 10:23:11 AM
 #189

For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?

Well right now, the early adopters are definitely mostly well educated people.

The fact is that lower socio-economic classes simply do not have the time or effort to even think about why decentralization is needed - all they are focusing is on their immediate needs and wants. Also, even though bitcoin has improved a lot since the early days as to usability, there is still a lot of technical stuff that needs to be understood in order to use bitcoin.

In the future i think that the trend will emerge as being people trying to market bitcoin to the masses by designing new, non-technical interfaces for users that simplify the experience. Then, bitcoin can be used by anyone regardless of their background.
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September 11, 2017, 10:26:35 AM
 #190

If you play in this forum you should have more knowledge and a little science in the language to be able to understand all the topics in the forum. And other things like your investment must be smart in seeing a potential coin. If you do not want to seek knowledge in this forum maybe you can play some faucet or gambling

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The Alchemlst
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September 11, 2017, 10:27:23 AM
 #191

Yes, because unlike regular currencies bitcoins have different areas which you need to know atleast the basics in order to protect your self and efficiently to enjoy its value. I will not be involved in bitcoin in the first place if I didn't try to learn its background.  Smiley

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September 11, 2017, 10:31:13 AM
 #192

For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?

Well right now, the early adopters are definitely mostly well educated people.

The fact is that lower socio-economic classes simply do not have the time or effort to even think about why decentralization is needed - all they are focusing is on their immediate needs and wants. Also, even though bitcoin has improved a lot since the early days as to usability, there is still a lot of technical stuff that needs to be understood in order to use bitcoin.

In the future i think that the trend will emerge as being people trying to market bitcoin to the masses by designing new, non-technical interfaces for users that simplify the experience. Then, bitcoin can be used by anyone regardless of their background.

Yes at present situation the educated people are suffering to understand this Bitcoin technology so how come an uneducated will understand. And also this is not a rocket science to understand just general knowledge. But to make our people to addict to this Bitcoin they need legal publicity then only they will show interest or else they don't care about anything.
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September 11, 2017, 10:38:04 AM
 #193

No I do not think that there is only educated or knowledgeable people investing in BTC, or interested with BTC. Who wants to invest in BTC they start train and learn more for the risk aversion

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September 11, 2017, 10:46:38 AM
 #194

bitcoin is for everyone..all knowledgeable people were at one point were uneducated about bitcoin..so we all need to provide education access and promotion on all bitcoin innovations. mass participation is very important for the growth of bitcoin.
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September 11, 2017, 10:50:32 AM
 #195

Its not,, knowledge could acquired to anybody as long he/she has capable to read and understand and of course computer literate in bitcoin industry.. Everybody starts from innocence and mold us to become aware in everything around us.. if some one wants to dig in bitcoining i guess its a matter of coaching in a very short time are good enough to tune in to this forum.  
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September 11, 2017, 10:53:37 AM
 #196

For me, its for everyone. Either your not knowledgeable, you can learn about bitcoin in the forum by just reading here. Even educated people are not knowledgeable about bitcoin because it was not advertise in the televisions specially in my country.

I think bitcoin will be more popular in the more coming years. Since for now bitcoin is making a noise in the market, I think all people will be educated what bitcoin is in the coming years.

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September 11, 2017, 11:00:39 AM
 #197

For me, its for everyone. Either your not knowledgeable, you can learn about bitcoin in the forum by just reading here. Even educated people are not knowledgeable about bitcoin because it was not advertise in the televisions specially in my country.

I think bitcoin will be more popular in the more coming years. Since for now bitcoin is making a noise in the market, I think all people will be educated what bitcoin is in the coming years.
I agree that it is for everyone because even educated or not as long as the people are able to read, write and understand what they see in the internet then they can use bitcoin because it is easy to understand and use and it is like taking your capability to use wallet into a next level with just a more powerful currency than the fiat.
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September 11, 2017, 11:05:17 AM
 #198

For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?
No i guess it isn't just for the knowledgeable and educated people only, i think its for all the people who wants to become more successful and to have an additional income or salary for their daily life. Because bitcoins is open to all people so they could have the same opportunity like other people that already have the knowledge and for those people that are educated. This somehow give them advantage because of their background but this doesn't change what those peoples needs to become successful in life.
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September 11, 2017, 11:12:05 AM
 #199

In my opinion, yes, Bitcoin is only for those who has knowledge on how to use it. Besides, I don't see those people who don't know bitcoin being one of its user without knowing what it is.

With what's happening today, specially in this site, we are slowly adding new people to Bitcoin world with less knowledge about this., It will only bring more and more of those who rant about their transactions than those people who really are supposed to be a Bitcoin enthusiast.

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September 11, 2017, 11:18:29 AM
 #200

I didn't go to college/university, I got average grades in school but I've got a bigger house, more money & a better car than pretty much everybody I went to school with & that's only partly due to bitcoin.

Making money isn't about your education, sure it helps but it's about attitude, your personality, calculated risks & a real want, a need to be a winner in life.

Most people who get good grades in shitty school subjects end up sitting in an office being somebody else's bitch.

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