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Author Topic: Bitcoin = Nerd money or not?  (Read 1299 times)
Indamuck
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March 06, 2019, 08:50:05 PM
 #61

Its funny because all the nerds that I know (video game people) none of them own any cryptocurrency.  I consider it to be more of a gambler's money than that of a nerd.   Also a lot of it is just luck on whether or not you heard about bitcoin and had friends that used it on marketplaces.
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March 06, 2019, 09:12:22 PM
 #62

I don't know but I think am a nerd and its just a coincidence that I found about bitcoin in around 2010 by mistake :p. I do not think everyone has to understand how bitcoin works they can easily just know how to send and receive money and that's all.just as like with the faint money not everyone knows how banks work right. If people know how wallets and the blockchain work it just gives them extra power and security over the network like they know what is public and private keys and all those different algorithms. they can sign messages and prove their ownership and a lot of cool stuff. Hey Does it makes me NERD :O
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March 06, 2019, 09:56:03 PM
 #63

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.  Roll Eyes <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.  Grin

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

I definitely do not think anyone who uses bitcoin is a nerd. People study road codes and learn to drive their cars. People open accounts at the bank and learn to use ATM to withdraw their money. And even so, these people are not nerds. I'm not nerd, but I use bitcoin, many merchants that accept bitcoin as a means of payments are not nerds

being named "nerd" money would be a blessing for bitcoin, its just the money of a certain group of people

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March 06, 2019, 10:21:12 PM
 #64

Nerd money is much better its sounds good maybe that's what most people think about bitcoin its for techie people but its not its for all, here in my country they call it networking scam a really bad image, In previous years bitcoin has been used for scamming people here in my country like an investment scam that's why some people hate it, I don't care about them bitcoin has anonymity and it is used as medium to transfer assets and convert to money most people don't know that. For bitcoin to surges again I think we need adoption.
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March 06, 2019, 10:33:49 PM
 #65

Nerd isn't a negative word. It's the opposite of a jock. These people are noticed because they  are at the extremes. While jocks like sports and focus on popularity nerds are smart, shy and unpopular. That doesn't mean they are unpopular among girls. There are many nerdy girls Wink
People who are calling it nerd money don't understand it and know that it's computer generated so nerds like computers it has to be nerd money.
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March 06, 2019, 10:44:53 PM
 #66

Nerd money? Oh, the butthurt from non-techies. Haven't you heard nerds rule the world from Jeff Bezos to Mark Zuckerberg, from Steve Jobs to Bill Gates. Soon, it will be everybody's money.

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March 06, 2019, 10:45:16 PM
 #67

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.  Roll Eyes <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.  Grin

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

Layman is not aware of the technical idea behind bitcoin, it's not just about payment method but much more than that.
As my grandparents were not aware of computers but they find it useful after they came to know about its importance.
Let our teenagers grow up and i am sure after some couple of years we will see a major growth in bitcoin community.

P.S I am a proud nerd.
yes, many Layman does not understand BTC, they are primitive, I see there are two indications why they do not understand BTC.
1. Do not want to study BTC
2. they don't care about technology, so they prefer primitive transactions.

not only grandparents but many teenagers people now do not know the BTC system.
every day I always socialize, sharing, or make small discussion with teenagers, and the majority of them do not know BTC.
so, nerd always gives us every knowledge.

.
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March 07, 2019, 12:23:12 PM
 #68

Its funny to say bitcoin is a nerd money, but if you look at the technology that backup the bitcoin then probably I am going to say the same thing, its a new and quite complicated technology, but its very easy to used once you know how to used, I don't see bitcoin as nerd money, I see bitcoin as a global sub currency
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March 07, 2019, 12:26:19 PM
 #69

What's wrong with it being a nerd money? Everything that's revolutionary is nerd first.

Internet was a nerd obsession too...
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March 07, 2019, 02:54:38 PM
 #70

Bitcoin used to be nerd money when it cost $10 and nobody cared about it.
Now the nerds are rich and bitcoin is a mainstream speculative investment.

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March 07, 2019, 02:59:36 PM
 #71

They can call us nerds now, but in a few years they will call us lucky for getting in early. This is assuming that you are buying and hodling now like sensible bitcoiners
That's right because Microsoft, Facebook, Alibaba and other big platforms must have experienced insults before, and now Bitcoin is experiencing it but we just wait, in the future they will see and feel regret


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March 08, 2019, 05:41:24 PM
 #72

If bitcoin is nerd money then officially am a nerd mate Grin
Well I don't blame them for using that term on bitcoin because once you here you tend to gel more with your device or system more you might either be mining checking market cap, monitoring transcation etc
Well you could also call me a nerd then Grin ,
I think they called it nerd money because of how it works there are many process if you would study it,
How it works and how we use it.

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March 09, 2019, 05:42:35 AM
 #73

it's true that some people think that bitcoin is a bookworm, that's probably all because that bitcoin is a digital currency, and I also strongly believe that bitcoin is the currency that will succeed.
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March 09, 2019, 06:00:48 AM
 #74

If bitcoin is nerd money then officially am a nerd mate Grin
Well I don't blame them for using that term on bitcoin because once you here you tend to gel more with your device or system more you might either be mining checking market cap, monitoring transcation etc
Well you could also call me a nerd then Grin ,
I think they called it nerd money because of how it works there are many process if you would study it,
How it works and how we use it.

but are you smart ? do you understand other technical aspects of a crypto and blokchain aside from only working on a campaign to earn a crypto ?   nerd means verry smart  . crypto is not that hard to understand if you will be only using it as a currency or an asset  , any regular and average people can be able to do it  . therfor id say its not a nerd money   .   there is no such thing as smart or dumb money because all money are meant to work in a single and easy way  .
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March 09, 2019, 11:11:03 AM
 #75

but are you smart ? do you understand other technical aspects of a crypto and blokchain aside from only working on a campaign to earn a crypto ?   nerd means verry smart  . crypto is not that hard to understand if you will be only using it as a currency or an asset  , any regular and average people can be able to do it  . therfor id say its not a nerd money   .   there is no such thing as smart or dumb money because all money are meant to work in a single and easy way  .
Indeed. You dont need to become a smart one here in crypto as long as you understand the flow and how things work here.

Other people who are not into crypto has different views when it comes to cryptocurrencies and blockchain technology and they dont want to involve themselves because of different reason like it seems complicated or too hard to understand.

If they think bitcoin means nerd money then let them be its not a pain anyway.

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March 09, 2019, 01:54:44 PM
 #76

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.  Roll Eyes <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.  Grin

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

Bitcoin is nerd money 100%.Women don't understand it,old people and non-technical people don't understand it.We have to do something about this issue,like providing bitcoin eduaction for free or somehow simplifying all the terms regarding blockchain technology.

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March 09, 2019, 02:16:37 PM
 #77

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.  Roll Eyes <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.  Grin

Bitcoin Nerds will rule this world! <Bill Gates is 100% proof of that>
yeah it's a nerd money cause people know about bitcoin or other cryptocurrency is really looking into technology a lot, he is always following the development of technology so he knows bitcoin and can be said as a nerd. but with that all you become one step ahead of the others

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March 09, 2019, 02:21:47 PM
 #78

Personally I only care about bitcoin as investment.
Being nerd only if they to concentrate on the code without pay attention to their sorrounding.

It's a lucky guys for you to choose bitcoin as your investment

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March 09, 2019, 02:25:24 PM
 #79

Well, the earliest adopters might not be the typical guy that you can easily see in the corners of the streets. I think the earliest users of Bitcoin are those types of nerds that are also socially aware of how the current financial system works. They're the rebellious nerds so to speak. But at this point in time, I guess Bitcoin is widespread enough that normal guys are already into it.
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March 09, 2019, 02:33:21 PM
 #80

Bitcoin is nerd money 100%.Women don't understand it,old people and non-technical people don't understand it.We have to do something about this issue,like providing bitcoin eduaction for free or somehow simplifying all the terms regarding blockchain technology.
Generalisation is never a good thing. I'm more than sure there are many elderly folks that do understand crypto, so as girls.
Obviously those are in minority but is there really something wrong with this? I don't think so.
Gradual, non revolutionary adoption is the way to go. People have to get convinced to use nerdy money, not by techno-shock nor techno-terror but by observable reliability, solidness etc. As a to educational aspect you have mentioned, I fully agree.

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