The existence of bitcoin is still lacking

[Tapyaks72]

Although, there are a lot of people aware of bitcoins their knowledge is still shallow in understanding how important and useful it could be.

Those who really want to know, will find a way to research it. it is like a treasure that we should dig for us to unveil its power to make us earn and to get rich if we managed to do so.

Although we are in digital age but  still people uses Fiat currency as what they used to for many centuries, maybe they survey are focused on the elderly people but  for  the young generation bitcoin will become more popular and we should consider that  population is becoming younger.

[nick_nick]

As I toured the streets of downtown, I asked to question 10 people aged 25-30.

"Do you know of bitcoin or cryptocurrency?"

"Where do you get bitcoin information?" (If the answer to the first question is yes)

Of the 10 people I asked, 6 people answered never know about bitcoin and the rest replied that they know about bitcoin and cryptocurrency.

From the second question I gave to 4 people who answered that they know the average bitcoin replied that they know the bitcoin of the ads that appear in some social media services like BBM, Line, and Instagram. They told me that they were initially curious about the ads appearing so they tried to find out information about the ads.

The majority of people in this forum want bitcoin to be a world currency if viewed from the results of the survey above it turns out most people still do not know what is bitcoin or cryptocurrency.

How can bitcoin materialize into the world's currency if people do not know what bitcoin is? What do you think about to help the wishes of all bitcoin users come true in the future?

The existence of bitcoin is not lacking as perceived. Not that the majority do not know Bitcoins; but the problem is the technicalities involved; blockchain technologies, complicated investment platforms among others scare people from cryptocurrencies.

[Kikir leutik]

Understanding of technological developments will also affect the understanding of Bitcoin. then do not be surprised if bitcoin is unknown evenly. it will depend on technology. especially the internet.

[MilkBi]

I think the lack of understanding of the bitcoin is a very bad thing to you when investing in it and risk of loss of capital. bitcoin is a smart digital currencies all time we should learn civil about it.

[Nilda]

A lot of people still think bitcoin is a scam or a Ponzi Scheme because it is not regulated. They don’t want anything to do with something that is banned in some countries. Some are just too lazy to understand technology. People need assurance that this new technology is covered by laws. The recent agreement on the G2O Summit and the entry of giant conglomerates like Samsung into cryptocurrency erased some doubts from millions of skeptics. There are billions of us but we are getting there.

[HiBCDirect]

If you ask 10 randow guys in the streets about mechanisms of economic or credit system, they will also have nothing to say. Cryptos are new and not really used so far, we can't require everybody to learn about it

[ALI AKBAR]

I think this is not a problem because Bitcoin is still alive and it will never end. Because they created it to serve the country and the people of the country. Currently it is a great service provider in the world. So it will be able to provide universal support to the people of our country from our country. So, the presence of Bitcoin is not yet uninterrupted, but is more effective and powerful.

[daarul50]

Although, there are a lot of people aware of bitcoins their knowledge is still shallow in understanding how important and useful it could be.

Those who really want to know, will find a way to research it. it is like a treasure that we should dig for us to unveil its power to make us earn and to get rich if we managed to do so.

Very interesting thoughts. Will be much more interesting when you share what research you will do to make the bitcoin stronger so that everyone will believe in bitcoin.

[Brenok]

So this poll was taken by 10 people in total? Yeah those results aren't anything to go by.
Certain countries have a crypto currency adoption rate of 30% and higher amongst the youth.

I completely agree. This is a dry statistics and you can not argue with it, you need a more global study of the problem

[Zahrowil Qolbi]

why only take 10 people to sample? is not that so much less? not to mention where you live. I think this research is not accurate. because seen from the number of samples was too little. I think samples must be taken from each country. each country will have different results.

[Milla Kross]

Like this? Bitcoin exists, although it is a veritable currency, but for it you can buy a lot and conduct a lot of Internet operations, how it does not exist?...

[bigjake89]

 It might sound little weird at first glance but people do believe in things which re having some legal status. I mean if someday government accepts the bitcoin as legal tender and do publish that loud and clear to the nation or may be if president addresses to the nation and says that then we might see some results

[raahi]

I think that the existence of bitcoin is already proved but what is still lacking is the point of demise, with some volatility bitcoin keeps on increasing in price without any point of slowing down makes it hard to predict when and how it will collapse or will it be the ultimate standard

[cryptomonotize]

I my country most of the people heard about bitcoin back in 2012 when it start to become popular. Back then medias seem to be okay this digital currency they openly telecast about it. Bot most of the people actually dont know whats is this and how it works because of lack of publicity and awareness.

[nazarovv]

having small sample size means lesser accuracy.you try more people to have more accurate results.+

[btcluisdiki]

I agree with the author wherein how could bitcoin become a part of the world currency when only limited people had known it. Here in our country, bitcoin is not that very popular since people seems to have no idea what it is. I believe if bitcoin will be further promoted, well advertised and proper education, then this may be gradually be understood by the people. However, since bitcoin involves this blockchain technology, I think the normal people might be mislead with respect to it's technical use and find it more complicated for them to understand easily.