Bitcoin = Nerd money or not?

[btc_angela]

Nerd in my understanding is a positive statement, that means this money is for smart people.
It cannot be denied that only few of the potential users of bitcoin are using it, so people does not see this regular or normal.
I would be fine if they will call me nerd, even my kids as long as I am making money on it.

Right, let's just look at the bright side of it and don't be offended if we are called all "nerds' here. It only means that we are smart to understand that this so called nerd money can bring a lot of positive things in our life like financial freedom and chance to get rich.  

[samputin]

No offense taken at all.  For me, to be called nerd because I use bitcoin is a privilege. And maybe the reason why it was called "nerd money" is because it originated from a technology which is not easily understood by ordinary people without any interest in technology. Not everyone knows the things we talk about here. But I'd be even prouder if I know more about bitcoin in a technical sense. I just really admire those who have talent for IT thingy, or anything in relation with technology. They seem so cool.

Just because we are pertained to as nerds does not necessarily mean that we don't have any social life at all. For me, it just means that we are smart enough to understand how this new trend in technology and finance works.

[Vaskiy]

Bitcoin was created and developed by nerds, they are very experts in programming and IT. But, Bitcoin is not nerdy money. Whether it's a Nerd or not, anyone can use Bitcoin.

It might have got developed by the nerds, but the usage and beneficial people were popular personalities around the world. Another thing about them is the growth it has provided, nerd money has made more people popular just because they believed this is highly potential. Final statement perfectly fits, whether it is nerd or not everyone can make use of it.

[De4ted]

I think its just an impression that build up on peoples mind because most of the time they see us in front of out computers and they think we are just studying something or reading but its literally not, we are sitting on our computer while making money.

[Nawrod]

It was. And it was beautiful.
But now, after market boom on BTC, it's unfortunately consider mostly as a way of earning money. But I think this is a common case in IT industry. What were computers before Apple, Microsoft and other giants popularize them?

[BitBustah]

Nerd doesn't really carry the same negative connotations that it used to.  Its like things flip flopped.

Now these things are cool:
-video games
-superhero movies
-computers/technology
-glasses are considered fashionable now

[Romeoetin]

I recently watched the movie Goosebumps 2 with my kids and Bitcoin was once again mentioned briefly in this movie. The one boy mentioned Bitcoin and the other boy called it Nerd money.   <My kids turned to me and said, Are you a nerd?>

So it got me thinking, why would people label Bitcoin as Nerd money, when people use electronic payment options like PayPal every day? What feature about Bitcoin gives people this impression about Bitcoin?

The first thing that comes to mind is the technical IT knowledge that people need to understand the concept about this technology and also it's origin amongst very highly skilled programmers and developers in the IT industry.

I am definitely not a nerd, but I am more than willing to carry that label, if it means that Bitcoin should be part of my skill and knowledge set in this world.  

Bitcoin Nerds will rule this world! <Bill Gates is 100% proof of that>

When I tell my friends about bitcoin sometimes and cryptocurrencies, they usually give me that weird look. Like I'm into some deep nerdy and conspiracy thing. It's quick unfortunately that a lot of people don't know that the tech is and are rather unwilling to learn. Worst of is some actually label it a SCAM 

[Naida_BR]

I recently watched the movie Goosebumps 2 with my kids and Bitcoin was once again mentioned briefly in this movie. The one boy mentioned Bitcoin and the other boy called it Nerd money.   <My kids turned to me and said, Are you a nerd?>

So it got me thinking, why would people label Bitcoin as Nerd money, when people use electronic payment options like PayPal every day? What feature about Bitcoin gives people this impression about Bitcoin?

The first thing that comes to mind is the technical IT knowledge that people need to understand the concept about this technology and also it's origin amongst very highly skilled programmers and developers in the IT industry.

I am definitely not a nerd, but I am more than willing to carry that label, if it means that Bitcoin should be part of my skill and knowledge set in this world.  

Bitcoin Nerds will rule this world! <Bill Gates is 100% proof of that>

Bitcoin is considered as nerd money because the whole ecosystem is run in a protocol and algorithms are written from developers.
It is totally different from the traditional electronic payment systems that people are used to them.
And additionally, Bitcoin and cryptocurrencies in general are used from people that are tech-savvy and they understand the technology behind bitcoin. Maybe this is the reason why they characterize it as nerd money.

[kk7]

whats up

[qwertyup23]

<snip...>

To be honest, when you first explain bitcoin to someone it slightly sounds like some technical stuff that involves a computer, the internet, and some machinery stuff. They quickly perceive it as something that is for nerds due to the ongoing stigma against this type of line. Well regardless on what they say, I do not mind being called a 'nerd' or anything else on the same manner since what matters is I do not miss the opportunity to maximize its potential.

I think its just an impression that build up on peoples mind because most of the time they see us in front of out computers and they think we are just studying something or reading but its literally not, we are sitting on our computer while making money.

That is actually true but regardless on how they see us, they are missing out a huge opportunity. Quickly judging even without knowing the whole totality sounds like they are the ones who lack understanding.

[idham29]

Bitcoin was created and developed by nerds, they are very experts in programming and IT. But, Bitcoin is not nerdy money. Whether it's a Nerd or not, anyone can use Bitcoin.

Bitcoin was created to make payment transactions digitally, where users do it directly, namely peer to peer, and do not involve third parties such as banking.
Economically, it can be called that bicoin is money, which is used digitally. It can be used to pay for transactions or investments.

[valentin68]

I live near a gas station since I was born. Since I was born I have seen many good things happening and I learned many things from people that came.
Poeple come, fuel their cars and go. Some say good bye before leaving, some do not say anything. I know who has money to pay, I know who does not have money to pay.

I could say that 90% of the poeple that I am going to encounter today, do not use bitcoin.
I have a credit card from a very good bank of my country (CEC Bank). This bank is 150 years old.  In Romanian CEC = ASS
The money that I worked for until now 50 years of my life are on this card

And guess what:  every year someone from Natural Gas parks a 500 EURO car next to where I am living, enters in my room and say GAZELE! (THE FART)
They do not have money, they simply have a car come with that car and ask for 27 Euros for doing a 3 minutes verification.

70% on the people in this world do not have money. 20% of the poeple in this world have some money. 8% of the people in this world have important money. 1% of the people in this world have 90% of money.

This is why Bitcoin = Nerd money


 




 

[eagle10]

Most highly intelligence people are called nerd especially if they are wearing glasses. So those people, including me are called nerd because of bitcoin? Wow, I am highly intelligent too. hehe. Very proud I belong in the bitcoin world. If being nerd, as they call it, makes them identify bitcoin so be it.

[indrakusumaindra]

I recently watched the movie Goosebumps 2 with my kids and Bitcoin was once again mentioned briefly in this movie. The one boy mentioned Bitcoin and the other boy called it Nerd money.   <My kids turned to me and said, Are you a nerd?>

So it got me thinking, why would people label Bitcoin as Nerd money, when people use electronic payment options like PayPal every day? What feature about Bitcoin gives people this impression about Bitcoin?

The first thing that comes to mind is the technical IT knowledge that people need to understand the concept about this technology and also it's origin amongst very highly skilled programmers and developers in the IT industry.

I am definitely not a nerd, but I am more than willing to carry that label, if it means that Bitcoin should be part of my skill and knowledge set in this world.  

Bitcoin Nerds will rule this world! <Bill Gates is 100% proof of that>

well i believe bitcoin is a popular coins but i think not a lot people that brave enough to buy bitcoin or even to learn about bitcoin, so i guess its true that we are the nerd and i guess my friend think im nerd cause i could stay in front of my computer like a hour just to read all about crypto stuff.

[uneng]

Besides what you said, I think it's still called *nerd money* because btc community is currently mainly composed by the technological niche, and we know on this field there are the called nerds, because their skills in exact sciences.
There aren't many other people from another areas: teachers, medics, engineers dealing with btc yet (at least ostensibly), so it's easy to create the stereotype of bitcoin user. Anyway, in this movie case, it's more like a joke.

[Finestream]

Besides what you said, I think it's still called *nerd money* because btc community is currently mainly composed by the technological niche, and we know on this field there are the called nerds, because their skills in exact sciences.
There aren't many other people from another areas: teachers, medics, engineers dealing with btc yet (at least ostensibly), so it's easy to create the stereotype of bitcoin user. Anyway, in this movie case, it's more like a joke.

Right.Bitcoin being nerd is more like a joke so we don't have to deal with it seriously.I'm fine if people will still call me nerd as long as i have a lot of bitcoins that will give me a bright future ahead.I think we are called nerd because bitcoin is not yet totally known to other races and there are still only few members of this crypto community compared to the number of people in the whole universe.

[Oceat]

Well, it is just a movie and they can say all they want in there but i agree that Bitcoin was created by these nerdy people who's a geek in computer. So the label might be referring to them then but it is not actually referring to the cryptocurrency itself.

[Initscri]

Used to be, I find Bitcoin to be a lot more mainstream nowadays and not considered to be as "nerdy" as it used to be.

I now have family members who thought I was insane / thought I was a nerd considering it more as a value store/investment option.

[pixie85]

There's nothing bad about being a nerd. I'd rather be a nerd than a jock. At least 10 years later jocks from school are still morons working physical jobs while nerds are the ones with steady jobs and families.

Most modern inventions were made by nerds. It's no shame to be called one.

[Astvile]

Maybe they were saying bitcoin is a nerd money because of the nature of most bitcoin users or what they saw on other bitcoin users.Bitcoin users are techy,means some of us does not socialize well because were into communicating using computers/internet and thats what they make think that bitcoin is nerd money because what they call "nerds" are  people who is introvert in personal and techy persons