Bitcoin Forum
November 03, 2024, 08:06:24 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: There are tons of people not knowing/getting what bitcoin is and how it works  (Read 822 times)
Gabi (OP)
Legendary
*
Offline Offline

Activity: 1148
Merit: 1008


If you want to walk on water, get out of the boat


View Profile
February 16, 2014, 10:01:12 PM
 #1

www.reddit.com/r/AdviceAnimals/comments/1y1u67/seriously_where_do_all_these_people_keep_getting/


ahmedjadoon
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


View Profile
February 17, 2014, 07:03:33 AM
 #2

Yeah in reality Bitcoin is not really popular.I think hardly 0.25 Million out of 180 million in my country have any idea about it
rohnearner
Sr. Member
****
Offline Offline

Activity: 350
Merit: 252

REAL-EYES || REAL-IZE || REAL-LIES||


View Profile WWW
February 17, 2014, 08:42:44 AM
 #3

Yeah in reality Bitcoin is not really popular.I think hardly 0.25 Million out of 180 million in my country have any idea about it
Situation is same in India . not many know about crypto, most of the people who even know are too hesitant to use it , because of all that negative publicity .

Mike Christ
aka snapsunny
Legendary
*
Offline Offline

Activity: 1078
Merit: 1003



View Profile
February 17, 2014, 09:01:06 AM
 #4

All good things come in due time; Bitcoin is a relatively new technology, after all.  Nobody really understood the Internet for a while, and most people still don't understand exactly what makes the Internet tick, but now it's an irreplaceable item in our lives, even for people who don't directly use it.  Heck, people don't even understand how the dollar is made, and that's been around for a lot longer, yet they have no issue using it, they're used to it; it's familiar, and not 4 or 5 years old.

But as the technology becomes more familiar with more people, this view will shift.  We'll look back and think how silly it was so many people couldn't figure it out.  It's only a P2P distributed ledger, at its core, and I'm sure anyone could understand at least that if they know what torrenting is, and I think most do.

snakus44
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile WWW
February 17, 2014, 09:22:50 AM
 #5

Not many know about bitcoin, but it is also very difficult to find material that helps explain the technical side in layman's terms.  Still, the best thing to do is try to explain bitcoins in simple terms of utility.  Transaction fee's are less than credit cards.  You can send money in 10mins to anywhere in the world.  It is poised for global adoption.  It decentralizes banking, so the fat cats will lose control of the bewildered heard.  All the negative issues(volatility, security, illegal activities) I tend to leave out, because those issues will work themselves out as we progress.  It is important to talk about bitcoin and spread the word, so I still try to get people on board so hopefully they will use it and see the benifits.  I have a feeling that once google and amazon start accepting it, everyone will want to own some.
hilariousandco
Global Moderator
Legendary
*
Offline Offline

Activity: 3990
Merit: 2713


Join the world-leading crypto sportsbook NOW!


View Profile
February 17, 2014, 11:53:17 AM
 #6


Welcome to planet earth.

They might not understand it now, but I'm sure there will be a point in the future when they wished they'd've tried to get their head around it earlier.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
MakeBelieve
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500


View Profile
February 17, 2014, 01:11:14 PM
 #7

I have researched Bitcon a lot of I still don't understand parts of it and wish I could wrap my head around it but some parts are very difficult.

On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
rohnearner
Sr. Member
****
Offline Offline

Activity: 350
Merit: 252

REAL-EYES || REAL-IZE || REAL-LIES||


View Profile WWW
February 17, 2014, 02:39:43 PM
 #8

I have researched Bitcon a lot of I still don't understand parts of it and wish I could wrap my head around it but some parts are very difficult.
Agree there is so much to learn , even after spending so much of time to know and learn about it still there are so many no clear.   

hostmaster
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile WWW
February 17, 2014, 02:42:08 PM
 #9

Agreed. Forums & social networks are for this reason exists people learn at these places new things.
guybrushthreepwood
Legendary
*
Offline Offline

Activity: 1232
Merit: 1195



View Profile
February 17, 2014, 04:13:13 PM
 #10

I have researched Bitcon a lot of I still don't understand parts of it and wish I could wrap my head around it but some parts are very difficult.

I think you'd have to be a very bright person to understand it fully. As long as you know and understand the basics that's probably enough.
MakeBelieve
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500


View Profile
February 17, 2014, 04:15:03 PM
 #11

I have researched Bitcon a lot of I still don't understand parts of it and wish I could wrap my head around it but some parts are very difficult.

I think you'd have to be a very bright person to understand it fully. As long as you know and understand the basics that's probably enough.

I understand the basics and the security sides of things but I would like to know more about it and keep reading any information I find.

On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
dropt
Legendary
*
Offline Offline

Activity: 1512
Merit: 1000



View Profile
February 17, 2014, 04:44:03 PM
 #12

I have researched Bitcon a lot of I still don't understand parts of it and wish I could wrap my head around it but some parts are very difficult.

I think you'd have to be a very bright person to understand it fully. As long as you know and understand the basics that's probably enough.

I concur.  How many people know how fiat currencies work? Fractional Reserve banking?  Hardly anyone on the street knows anything about how that whole system works, yet they're more than happy just trucking along with dollars in their wallet.
guybrushthreepwood
Legendary
*
Offline Offline

Activity: 1232
Merit: 1195



View Profile
February 17, 2014, 05:06:26 PM
 #13

I have researched Bitcon a lot of I still don't understand parts of it and wish I could wrap my head around it but some parts are very difficult.

I think you'd have to be a very bright person to understand it fully. As long as you know and understand the basics that's probably enough.

I understand the basics and the security sides of things but I would like to know more about it and keep reading any information I find.

Keep reading and learning then. Like anything it'll take time to understand, but I'm sure you'll get there eventually.
Kiki112
Full Member
***
Offline Offline

Activity: 196
Merit: 101


View Profile
February 17, 2014, 05:09:24 PM
 #14

Yeah in reality Bitcoin is not really popular.I think hardly 0.25 Million out of 180 million in my country have any idea about it
Situation is same in India . not many know about crypto, most of the people who even know are too hesitant to use it , because of all that negative publicity .

which negative publicity?

bitcoin has been on our national TV a couple of times already and it was always positive Smiley

just a few times they mentioned Silk Road and stuff like that Cheesy

RGBKey
Hero Member
*****
Offline Offline

Activity: 854
Merit: 658


rgbkey.github.io/pgp.txt


View Profile WWW
February 17, 2014, 05:11:50 PM
 #15

What's the worst is when the spell it "BitCoin" or "Bit Coin" or even "bit coin". Like seriously.
Kiki112
Full Member
***
Offline Offline

Activity: 196
Merit: 101


View Profile
February 17, 2014, 05:16:09 PM
 #16

What's the worst is when the spell it "BitCoin" or "Bit Coin" or even "bit coin". Like seriously.

why?

BitCoin is okay, a bit weird but acceptable as long as they're giving us publicity and demand Cheesy

Remember remember the 5th of November
Legendary
*
Offline Offline

Activity: 1862
Merit: 1011

Reverse engineer from time to time


View Profile
February 17, 2014, 05:43:44 PM
 #17

The redditors are dumb, overstock and tigerdirect accept bitcoin albeit not directly, but the guy says you can't buy anything with them.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
guybrushthreepwood
Legendary
*
Offline Offline

Activity: 1232
Merit: 1195



View Profile
February 17, 2014, 05:45:47 PM
 #18

The redditors are dumb, overstock and tigerdirect accept bitcoin albeit not directly, but the guy says you can't buy anything with them.

What do you mean not directly?
Remember remember the 5th of November
Legendary
*
Offline Offline

Activity: 1862
Merit: 1011

Reverse engineer from time to time


View Profile
February 17, 2014, 05:50:31 PM
 #19

The redditors are dumb, overstock and tigerdirect accept bitcoin albeit not directly, but the guy says you can't buy anything with them.

What do you mean not directly?
They use Bitpay/Coinbase and get the $ instead of risking it and doing BTC directly.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
guybrushthreepwood
Legendary
*
Offline Offline

Activity: 1232
Merit: 1195



View Profile
February 17, 2014, 05:52:34 PM
 #20

The redditors are dumb, overstock and tigerdirect accept bitcoin albeit not directly, but the guy says you can't buy anything with them.

What do you mean not directly?
They use Bitpay/Coinbase and get the $ instead of risking it and doing BTC directly.

Oh, I don't really think it matters either way though.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!