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Author Topic: EDUCATING PEOPLE ABOUT CRYPTOCURRENCY  (Read 2829 times)
KridNewoj
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August 16, 2018, 03:26:27 PM
 #81

It is good that people ,before entering cryptos ,will be educated on what is cryptocurrency, its concepts and how to manage crytocurrency.
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Msworld83
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August 16, 2018, 03:26:42 PM
 #82

Educating people about crypto is a very hard task and need a real confusing person who will have all it takes to stand and explain how risky and gainful the crypto is all about not just get rich aspect because that is where some hide at to tag on, and this lead to loosing their funds with wrong info, crypto really need someone with patients mind and not greedy even they must ready to loose it all cos of it volatile way.,but if they camp down and devote their time to study to the bottom line they will surely gain it in future.
BlackRacerX
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August 16, 2018, 03:28:06 PM
 #83

    If you take an assessment, a lot of citizens are not yet informative what is cryptocurrency is....like bitcoin and other altcoins. One proof is that others can be deceived by swindlers because of lack of knowledge regarding crypto currencies. . They invest with the wrong people because of considering in unfounded information and hearsays.
   Educating people regarding crypto will not make them to mislead. Educators can teach about crypto inside school especially in economic subject/s because it has a big role nowadays.
    As Tom Emmer stated, “ People tend to fear what they don’t know. If people sailing the oceans at the time of Columbus had believed the world is flat, we wouldn’t have had the great discoveries of the New World.”

(https://bitcoinmagazine.com/articles/venture-capital-working-group-seeks-select-cryptocurrency-safe-harbor/)


I think people should know about cryptocurrency about now. It doesn't really take that much time to know about its legacy and how it is changing the playing field of investments and possibly the stock market. Think about it, cryptocurrency going mainstream. Everyone is capable of investing on their own.

brooklynian
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August 16, 2018, 04:10:40 PM
 #84

So many people are still leaving in the dark age and know nothing about civilization. They don't even have the knowledge of online banking, let alone cryptocurrency. There is a huge gap and a lot has to be done as a result of this. People who are the true cryptocurrency enthusiasts will have to volunteer in educating others in order to bridge the gap.
kidamazo
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August 16, 2018, 05:25:19 PM
 #85

    If you take an assessment, a lot of citizens are not yet informative what is cryptocurrency is....like bitcoin and other altcoins. One proof is that others can be deceived by swindlers because of lack of knowledge regarding crypto currencies. . They invest with the wrong people because of considering in unfounded information and hearsays.
   Educating people regarding crypto will not make them to mislead. Educators can teach about crypto inside school especially in economic subject/s because it has a big role nowadays.
    As Tom Emmer stated, “ People tend to fear what they don’t know. If people sailing the oceans at the time of Columbus had believed the world is flat, we wouldn’t have had the great discoveries of the New World.”

(https://bitcoinmagazine.com/articles/venture-capital-working-group-seeks-select-cryptocurrency-safe-harbor/)

I am fully understanding that concept but I would say that it is not my job, nor it is my calling to educate people about cryptocurrencies, I would better just spend some time researching about the things that can help myself to be more perspective.
Ekanenf
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August 16, 2018, 05:32:51 PM
 #86

It is not just about knowledge for you to avoid getting scam, it is also about your attitude, or should I say "Character" that tells you who you really are, if you are a greedy person who wanted to have money all the time without doing anything at all then it could be your weakness, weakness where you are willing to set aside the knowledge that you have about cryptocurrencies because you are being manipulated by your thought of having so much money.

Then if you bite this kind of bait by people who are trying to brainwash you, then you lost the battle, instead of earning money, you just lost your money to those scammers without having any sweat at all.
CAPTEZECC
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August 16, 2018, 05:58:03 PM
 #87

This is the challenge our youths are having in my country and it is scaring them away from investing in bicycling. Awareness programs need to be initiated to give the youths the real understanding of what bitcion
 and blockchain technology is about.
Hammer45head
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August 16, 2018, 08:59:19 PM
 #88

Education in cryptocurrency and, more importantly, the underlying technology, blockchain is about to become a must if you want to be a part of the society. Some governments have started clearly moving in that direction.
I, for one, was quite surprised to learn that a government could be that interested in this technology that it would become its backer. Just think about esrI hope you find it useful Wink
https://www.economist.com/business/2017/06/01/governments-may-be-big-backers-of-the-blockchain?fsrc=scn/fb/te/bl/ed/landgrabgovernmentsmaybebigbackersoftheblockchain
sandaljepit44
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August 16, 2018, 09:26:18 PM
 #89

many people invest without wanting to know more about the investment projects that they are investing in. they are only tempted by the benefits offered, they are easy to believe because they do not understand the work system. so many people are fooled by the ICO project or other cryptocurecy projects ...

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Cryptotissue
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August 16, 2018, 09:57:17 PM
 #90

 Educating people on cryptocurrency would be one of the nicest ideas but the thing is in our put of the world where the government has not yet accepted the use of cryptocurrency, it will be difficult for some of these educations to be made, it cant be thought in schools, universities and the rest. unless the individual finds the time and learn it on his or her own, but here lies the case when most of us don't like reading. even though it would be a nice initiative you can't force one to learn what they are not ready to accept
fidelium1
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August 16, 2018, 10:11:37 PM
 #91

Although there has been series of enlightenment campaign going on towards making people more aware of cryptocurrency, but there is need for more efforts as fraudsters now exploit peoples' ignorance about bitcoin. A lot of my friends have been complaining of being flooded  with offers of free bitcoin by just following their links, but this has got to stop.
Supremacy1
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August 16, 2018, 10:17:58 PM
 #92

Education is power , if u are not informed you will be deformed , people are still not understating the benefit of cryptocurrency to businesses and individual, finding ways of explaining to them is important
Dawson_V
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August 16, 2018, 10:18:11 PM
 #93

People definitely need to get some education about CRYPTOCURRENCY. It is normal because it is new. People didn't get educated at school about this. Who knew all this few years ago? Everything is new and fast growing. Education will help them to improve their investment. By the way, it is not wise to invest in something you do not understand. When you put your money somewhere, you are educated about it. It is a must do for people who are investing in CRYPTOCURRENCY. Education anyway is always useful so please, just go for it.
Ikpirijor7
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August 16, 2018, 10:25:42 PM
 #94

That's the best thing we can do.Cryptocurrency is generally becoming acceptable as a means of exchange. Educating people about cryptocurrency is good and is going to better alot of persons.
Hinugh
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August 16, 2018, 10:30:06 PM
 #95

Educating people about cryptocurrency is good one. Digital Currencies or CryptoCurrencies are very popular these days particularly to investors and traders online.


By educating people about cryptocurrency will help them to see the big picture. They won't easily believe with the fake news.  And they will fully understand on how cryptocurrency will help our lives and our economy.
seramania
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August 16, 2018, 10:32:26 PM
 #96

education about cryptocurrency is now important to do because we know that cryptocurrency is currently being misused and many people do not understand crypto but enter the crypto world, they have not yet felt ready for it and ultimately lost. if crypto education can be done I think it can minimize losses from beginners who do not understand crypto.

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August 16, 2018, 10:36:01 PM
 #97

No doubts, people should get at least general information about crypto, and not just any information, I am talking about real - objective information. I cannot say about other countries, but in Russia official information about crypto is not very optimistic, or true. They emphasize only the negative points of bitcoin.

dark1234
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August 16, 2018, 10:36:59 PM
 #98

cryptocurrency education may be implemented early in schools but this will happen where governments and countries have legalized it and for countries that are still neutral / illegal, cryptocurrency education cannot be applied

delegend
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August 16, 2018, 10:38:58 PM
 #99

The importance of education in crypto currency can't be overemphasize,firstly the people be educated telling the difference between bitcoin and ponze scheme,because up till this period people still classify bitcoin in the same lane with ponze scheme more so our young youths in university sees it as fast means of making money thereby using even their schools fees to buy coin and save.with this outlook it gives a wrong impression to those who are not enlightened ,a proper templates be set up to educate on the mondus oparandi and the genuine nature of the crypto currency.
CCIORACLE
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August 16, 2018, 11:02:27 PM
 #100

Education is one paramount hing which can only push the crypto agenda unto another sphere of operation. And we should note that not all knowledge we get seems to be the ideal knowledge, this because some all feed with some speculative knowldge of being rich over night with bitcoin and as they come without such experience it turns a woe story to them. Let get the right knowledge fro the right source. For that is the only key to progress.
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