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Author Topic: BTC, why do some people just get it, others really don't?  (Read 694 times)
jubalix (OP)
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October 21, 2019, 12:29:15 AM
 #1

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )





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October 21, 2019, 12:36:35 AM
 #2

its more about how your introducd to it

too many people are introduced to it via 'network marketing' and 'get rich quick' chats.. thus they are normally just interested in the put fiat in get more fiat out side and not caring about larning about bitcoins real utility

others are introduced via the secure ur wealth against bank, police, court freezes. epecially due to the banking crises around the world. these are people interested in the price but also the tech

others are like liberty/self sustainability, self management. not wanting to put faith into banks/governments. these typ of people are not so much interested in the price but the tech. after all 1BTC could be worth $1billion.. but that $1billion could be worth just a second hand car (note: Zimbabwe dollar)

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October 21, 2019, 01:08:59 AM
 #3

Depends how your exposed to crypto-currencies.

For example, if you knowledge of Bitcoin is just watching the news and seeing articles of crowdfunders running away with funds, as well as bitcoin being used for illegal activities your obviously going to hate the currency.

Unfortunately the media is like this and they just pick whatever side will get the most views and roll with it.

However, if your friends introduce you to Bitcoin and crypto-currencies with a more open mindset, you'll likely become one of the first 2.

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October 21, 2019, 01:16:21 AM
Last edit: October 21, 2019, 01:39:09 AM by malevolent
 #4

It's still somewhat risky and they are averse to risk. They may also be sufficiently invested the legacy financial system that anything too different, and not approved by people or entities they may hold in high regard will arouse their hostility. Not a problem per se, but it is a problem if they are involved in politics or work for financial regulatory government agencies, they can cause a lot of trouble for those of us who just want to live freely.

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October 21, 2019, 01:28:05 AM
 #5

It depends on who do you introduce bitcoin to, and the way how you introduced bitcoin to the. Not all people is tech savvy, I've introduced bitcoin into some of my friends and only a couple of the really got involved in crypto currency. Even I who really believes in crypto was skeptical on it when it was first introduced by my brother.

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October 21, 2019, 01:55:32 AM
 #6

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.

The demarcation lines seem to me quite stark. Any theories as to why this is?

(I understand [5] those who just don't get it or are not interested, )

Well, there are several factors for sure.
  • The person did not quite get it and therefore held decision to buy or not.
  • People vary; some are easily swayed and convinced, some are incredulous.
  • Some are sheer risk-takers; others are more careful.
  • Some do not believe in the philosophy behind Bitcoin. They may think it is not going to work and will eventually die. Some find it interesting and worth getting into.
  • Some are just too occupied with some other things that they could not care more of what Bitcoin is and is not.
  • Some are simply comfortable and satisfied with the current system or are part of it themselves that they are not into the idea of changing it.
  • Some get into it because it is cool while others are afraid because it is strange and new.
  • Others are interested to know more before buying while others are contented with the basics and buy immediately.
  • And so on.

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October 21, 2019, 02:17:41 AM
 #7

It depends on who do you introduce bitcoin to, and the way how you introduced bitcoin to the. Not all people is tech savvy, I've introduced bitcoin into some of my friends and only a couple of the really got involved in crypto currency. Even I who really believes in crypto was skeptical on it when it was first introduced by my brother.

Show them facts, and some trivia about bitcoin. One strategy that I am implementing to increase bitcoin adoption is to sell my load or prepaid load for mobile using bitcoin, in that case, they just need to pm me and everything will be settle. Most of them ask me why I do not have any transaction fee? I always tell them I use bitcoin. Curiosity will trigger a person to be willing in investigating and figuring out what bitcoin is, and other cryptocurrencies.
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October 21, 2019, 02:21:18 AM
 #8

Some people learn slowly, for example, consider me, when I was introduced to BTC in late 2014 I was thinking that it was illegal to use BTC, however as time passed I learned more and am quite enlightened right now lol

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October 21, 2019, 02:21:59 AM
 #9

I think it's more of the culture and literacy background of the person that leads him to his perception. Some people are just close-minded and as soon as they knew that bitcoin isn't a tangible asset/investment, they just throw away any ideas and argument you throw them. Most older people are like this. Others just does not want more hassle in learning new technology and just sticks to the conventional. Others however, does not care to the context and just uses what works for them.



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October 21, 2019, 02:22:05 AM
 #10


If you summarize everything it will sum up to one thing. It just mean that they are not interested to learn about bitcoin. If you are interested about bitcoin and even if you don’t understand you will still be patient to learn it step by step until you will finally have a grasp on it. It is how I learn bitcoin from zero knowledge until I reach my level now. Only interested people have the passion to learn and those who have no passion simply means they are uninterested.





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October 21, 2019, 02:22:50 AM
 #11

We do have different mindset in life, other would like to take risk to invest and will invest in short term or long term, while other people would just just happy to earn via bounty hunting , joining campaign and cash out immediately, we are not all the same so it's a choice that we should understand.

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October 21, 2019, 02:30:24 AM
 #12

[3] become hostile without understanding BTC tech.

Some people get annoyed when we talk about bitcoin, The fault is on those people who used the name of bitcoin for their own greed. Here in our country, there are a lot of cases where they used bitcoin as a mean of fake investment method. lats year, there was so much news on the national television about it, since then, whenever they hear about bitcoin, they will turn their faces as if they won't believe in it anymore.


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October 21, 2019, 03:00:23 AM
Last edit: October 21, 2019, 03:03:03 PM by CryptoBry
 #13

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,
[2]  others simply don't or
[3] become hostile without understanding BTC tech.
[4] Become hostile and do understand the tech.

The demarcation lines seem to me quite stark. Any theories as to why this is?
(I understand [5] those who just don't get it or are not interested, )


The answer to that is human nature. Ordinarily, we can't think and be concern with everything happening in this world. And expecting that all people can be interested with something is insane...that is not how we humans work. With the explosion of knowledge like we have now, people's attention and focused have become like a commodity and there are so many entities fighting just for seconds and minutes of people's attention...and this is happening everyday. No wonder some will be interested with Bitcoin and some will not. Not to mention that we all have our own biases, leanings and different convictions. And of course, not all have the money saved for investing with Bitcoin. The most important thing is that there are already many who are into Bitcoin and maybe some more can be coming in the next few years, even if Bitcoin has no advertising and promotional budget of its own.
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October 21, 2019, 03:01:30 AM
 #14

For ordinary people, bitcoin is just nothing but a pyramid scheme and if you actually have that you're either a scammer or got scammed. Nothing but because of the misused and misunderstood bitcoin which is saddening. It supposed to be a currency but since people are nothing but greedy asshole they made bitcoin an evil thing.

And by far, even we spread the good things about bitcoin, the first impression they got won't easily go and will remain invisible. However, we should just think the other way around, it's not our loss but their loss for not believing.

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October 21, 2019, 03:11:33 AM
 #15

as it was said, i also believe it is about how you are introduced to bitcoin but it is not only about them being told it is "get rich quick" it is about all types of misinformation that people received even on a technical level. i have seen people explain bitcoin in "technical terms" and make it look like as if it is coming out of thin air and the security is a chance/luck thing! suddenly we see a lot of people who misunderstand how bitcoin works and have doubts about its security, and since we are talking about valuable money here they won't get near it.
of course we always also have a lot of FUD scaring people off with their portrayal of bitcoin as a criminal's tool.

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October 21, 2019, 03:18:06 AM
 #16

People view something based on their educational/knowledge background. So, just understand how they have different responses. Our duties are to convey to people about the truth or true understanding of BTC. Of course, we can do it in accordance with our respective abilities.
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October 21, 2019, 03:26:26 AM
 #17

Some people learn slowly, for example, consider me, when I was introduced to BTC in late 2014 I was thinking that it was illegal to use BTC, however as time passed I learned more and am quite enlightened right now lol
The first impression last I guess, most of us belongs to this stage where we are ain't sure what to think about new system that being introduced to us, but by simply allowing things to be learned, in some point we will start to get more interest and achieved goals that we see good potentials. People always do have differences but in the long run after being educated it will see the benefits.

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October 21, 2019, 04:21:10 AM
 #18

It's because people are afraid of new technology, simply as that.

You just have to look at history, internet for one was a good example, no one thought that by this time that almost all people around the globe are going to be touch by this technology. So as it evolved, many see the advantage of it. I guess we really need to wait for another 10 years before people will realised how great btc is, resulting to it's growth and mass adoption.

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October 21, 2019, 04:34:50 AM
 #19

There's a lot of factors to take not just that. Because people differs financially and in overall social status. Also I noticed that they will only take interest if they found that they could benefit from it.

Let me give an example. I introduced cryptocurrency and Bitcoin to a lot of students and explain to them how it works (I didn't tell them that you could make money out of it). They did listened but most of them just doesn't want it as they don't have time for that and it's complex they said. Now, I did another group but change how I introduce it to them, I explained it just like how I did to the first group but added that they could make money out of it. A lot got interested.

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October 21, 2019, 05:34:23 AM
 #20

Red pill lets you see the matrix and the truth. Blue pill lets you remain asleep and carry on. 
Just saying, like minded people tend to be more receptive. Asleep minded people tend to block out anything that would challenge their reality.
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October 21, 2019, 05:45:24 AM
Last edit: October 21, 2019, 07:58:23 AM by jaocoincrypto18
 #21

People view something based on their educational/knowledge background. So, just understand how they have different responses. Our duties are to convey to people about the truth or true understanding of BTC. Of course, we can do it in accordance with our respective abilities.

In general, every person has different approach about Bitcoin existence which is normal. Some are positive as they believe that Bitcoin is very promising for an investment and some are the opposite specially that there are lot of scam projects today that are using Bitcoin platform to steal money from the people therefore it will always depend to the people as we have different understanding and has our own freewill to decide.
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October 21, 2019, 05:59:17 AM
 #22

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )





We can't say that they are not interested at all because at first they listen to you, and maybe some point on their mind that keeps them away from using bitcoin or maybe they just don't trust the people who introduced bitcoin to them. Those who are on the resistant are not a risk taker, and there's a lot of people like this who chooses safe investment, than any volatile investment. We all have different goals and belief, I believe time will come and more people will use bitcoin.

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October 21, 2019, 06:00:18 AM
 #23

It's because people are afraid of new technology, simply as that.

I wouldn't say they're afraid, but a lot of people simply want to preserve the way they do things. It's like how some old people are hostile against new developments because "this old tech works just fine", and they'll keep finding reasons not to adapt.

That being said, I don't think that has anything to do with the public's aversion to Bitcoin. Bitcoin is simple enough, but in a world that's focused on UX, it still lags behind. It's far easier for people to dismiss it based on its reputation than actually doing their due diligence, especially when there are risks (that they would rather not take anyway) involved.

As for even educated people reacting differently, it's really just a matter of different people having different perspectives. Hostility is a personal choice.

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October 21, 2019, 06:13:30 AM
 #24

It depends on who do you introduce bitcoin to, and the way how you introduced bitcoin to the. Not all people is tech savvy, I've introduced bitcoin into some of my friends and only a couple of the really got involved in crypto currency. Even I who really believes in crypto was skeptical on it when it was first introduced by my brother.
Well people has different levels of comprehension and way of understanding things they are being introduced to. So before introducing bitcoin to people it will be essential if we would get to know first the way how someone we would talk to will pick up into something effectively, by then we will know how to attack or what approach we will use. Second is, we need to be effective in introducing bitcoin so that we will catch their interest and pull their curiousity dive deeper, for we can't force someone understand what they don't want to know.
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October 21, 2019, 06:19:03 AM
 #25

In general, every person has different approach about Bitcoin existence which is normal. Some are positive as they believe that Bitcoin is very promising for an investment and some are the opposite specially that there are lot of scam projects today that are using Bitcoin platform to steal money from the people therefore it will be depend to the people as we have different personalities and has an own freewill to decide.

It's not about it being either considered a scam or a promising innovation as much as it is about the way people want/like to do things. For a pretty high percentage of the older generations, Bitcoin cannot replace other safe-haven assets or commodities. They prefer using cash as it's real and can sit right in your hands while they might consider Bitcoin just a number on a display.

I don't think most people who consider Bitcoin as a negative innovation is caused by the scams lying around in the crypto world.. It's more about the image mainstream media has created around Bitcoin, linking it only to terror and illicit activity.
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October 21, 2019, 06:21:05 AM
 #26

actually according to ourselves where we learn and understand bitcoin, like our question that often blames why other people get bitcoin easily? whereas I am not the same as those who get bitcoin easily, maybe it's because they are very confident and try their best to get their dreams with bitcoin, whereas we only hope and without hard work of course it is impossible to get bitcoin without work.

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October 21, 2019, 06:25:23 AM
 #27

To understand Bitcoin, you have to think outside of the normal box. Bitcoin is nothing like anything that the financial industry had before and if you are intimidated with "new" groundbreaking technology, then you will "block" anything that looks too complex.

Bitcoin are also a very disruptive technology and disruptive technologies are normally very controversial and it gets a lot of negative publicity in the early stages, so people might believe the FUD and negativity and once again follow the sheep in the industry that wants to stay with the norm.  Angry

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October 21, 2019, 06:26:37 AM
 #28

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )






Well, I believe that those who 'get' BTC are those who had had enough of the banks and governments controlling their money. These are the people who want a change, and are open to suggestions. Those who go hostile without understanding are likely only too afraid to hope that it can get better. Either that, or they are older people who still believe that the world is the same as it was half a century ago. You become blind to the changes in the world as you grow older. Those who do understand the tech and go hostile, however, are a mystery. Perhaps they are profiting from the situation as it is, and feel endangered by it, who can tell. The fact is that there are a lot more of those who don't understand BTC tech than those who do, be they for or against BTC, and that is something that needs to be addressed. Those who aren't educated on the matter need to learn what it is all about, as they represent literally billions of potential users.

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October 21, 2019, 06:35:26 AM
 #29

for those who don't know bitcoin well, they think that it is just a scam scheme, they think that if they will invest with bitcoin then they will just lose their money, some other people do not have interest that's why they don't exactly know what bitcoin really is. In my experience, I've to know bitcoin for years now but as of now, I don't have a lot of it because I don't want to take huge risks because I also don't have enough funds to support that risk even if I still want to try to.
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October 21, 2019, 06:36:20 AM
 #30

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )


@jubalix Bitcoin is easily understood by youngsters who are willing to take risk for more gains, but older generation people have lots of reservations and hence they stay away from it. Then many people even get discouraged because of the fud associated with bitcoins, they don’t even bother to do their own research and simply give it a pass.
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October 21, 2019, 07:32:12 AM
 #31

This all boils down to risk management and perception. Some persons who have visited me wanting to learn about bitcoin and buy for future use, after hearing the whole truth because they were told a lie that if you buy bitcoin today, that in two weeks or so, one become very rich, they turn back after hearing the real truth about how bitcoin works.
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October 21, 2019, 07:47:42 AM
 #32

its more about how your introducd to it

too many people are introduced to it via 'network marketing' and 'get rich quick' chats.. thus they are normally just interested in the put fiat in get more fiat out side and not caring about larning about bitcoins real utility

others are introduced via the secure ur wealth against bank, police, court freezes. epecially due to the banking crises around the world. these are people interested in the price but also the tech

others are like liberty/self sustainability, self management. not wanting to put faith into banks/governments. these typ of people are not so much interested in the price but the tech. after all 1BTC could be worth $1billion.. but that $1billion could be worth just a second hand car (note: Zimbabwe dollar)

I disagree somehow, it's not about how we introduce it, it's about how knowledgeable are them to accept every ideas that they will hear, other's diseases are shutting down and ignoring everything they think that is not helpful at all, it's hard to compete with the government and media talking about discrimination of bitcoin, while you---us (normal people) are trying our best to explain it to those narrow minded people, it is not worth it.
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October 21, 2019, 07:51:48 AM
 #33

Five real categories.
This is the law of cause and effect. There must be things that cause someone to be more interested in bitcoin, or even more away from bitcoin, and so on. We know that news about bitcoin and cryptocurrency spread in many media. There are those who give a positive impression and there are those who frighten you with the various risks of loss, criminal actions, etc. that increasingly make people afraid and stay away.
In addition, the personality and passion of each person also influences. There are those who like challenges, risks, some who don't. We all know that cryptocurrency is full of risks, surprises and unpredictability.
So, be grateful for those of you who know bitcoin and want to learn it to the maximum so that you can earn money from here.

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October 21, 2019, 07:52:37 AM
 #34

[3] become hostile without understanding BTC tech.

Some people get annoyed when we talk about bitcoin, The fault is on those people who used the name of bitcoin for their own greed. Here in our country, there are a lot of cases where they used bitcoin as a mean of fake investment method. lats year, there was so much news on the national television about it, since then, whenever they hear about bitcoin, they will turn their faces as if they won't believe in it anymore.

~snipped~

You know what, the problem in this forsaken country of ours is that people are too confident to say something about almost everything even without the most basic of knowledge. There were countless of times I read and heard business and financial analysts, national newspaper columnists and writers, TV personalities, and so on talking about Bitcoin and cryptocurrency without the slightest clue on what they are really talking about. My god, the situation here is awfully disgusting!

This is also the very reason why a lot of common people here are falling victims to various illegal schemes using the Bitcoin or crypto brand. They cannot make even a little research before investing on something. They just focus on the ROI promise even if it is too good to be true.  


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October 21, 2019, 08:01:03 AM
 #35

This is also the very reason why a lot of common people here are falling victims to various illegal schemes using the Bitcoin or crypto brand. They cannot make even a little research before investing on something. They just focus on the ROI promise even if it is too good to be true.  

Well most of them were swayed by their friends and relatives whom they trust most.  For them trust is enough and does not need much research.  Another reason is, people always wanted to blame someone when things goes wrong.  So they put all the responsibility and blame to those who sway them into scam investment.



People have different level of understanding.  Probably due to the nature of environment they are currently in.  That is one huge reason why others can easily get what Bitcoin is and others simply cannot comprehend no matter how well someone explained it to them.  Maybe presentation have additional factor towards Bitcoin understanding but I think, it all goes down to the capability of a person to absorb new knowledge and acquire wisdom regarding trends and technologies.

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October 21, 2019, 08:25:24 AM
 #36

People don't get it, because they have high time preference. They have responsibilities, they are barely able to pay bills, believe they need to spend a lot of time at their job. the idea of stopping and taking a break to spend a little time to learn about Bitcoin is antithesis to their entire mode of life. They feel they will get overwhelmed because Bitcoin is a very deep subject and they would never have time to learn it completely and keep their current life.

Also because of the horror stories about stolen coins and frauds, and spreading horror stories keeps demand low. Nobody wants to get involved in an Mt Gox 2.0. Furthermore Most don't understand how something that is completely digital, open source, and decentralized has value. It's funny because 99 percent of Facebook users don't understand that the billions in revenue the company makes is based on the users willingness to share private digital information. They just feel more comfortable with Facebook's "value" because they have an HQ, CEO, and thousands of employees.
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October 21, 2019, 09:17:37 AM
 #37

Experience could also help for them to understand it quickly.
One example is when you are using Paypal and also other transfer money companies.
Next thing that is needed is to just stretch those kind of examples which they have already used.

Some just cannot understand it. Yes, why? Those who havent even tried to broaden their knowledge about internet monetary. Some of them just live the traditional fiat or the banking system for their salary only (mandatory most of the time).
I guess it will all depend on how we can stretch those kind of examples for them to easily understand everything.
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October 21, 2019, 09:23:23 AM
 #38

Most people doesn't wanna go study and invest on bitcoin because how people or media introduced bitcoin to them.
Most medias is publishing unaccurate info about bitcoin that alarms the people viewing it. Some people are good on talking so they swayed users to invest in, but most of the people are just telling others that they can earn fast big cash here then due to humans natural greedyness they dove in and everything becomes bad.

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October 21, 2019, 09:28:52 AM
 #39

Some of them just live the traditional fiat or the banking system for their salary only (mandatory most of the time).
I guess it will all depend on how we can stretch those kind of examples for them to easily understand everything.
It's all people know, and they also rely on the safety provided by centralized financial institutions because people make a lot of mistakes leading to a loss of money, get scammed, and so on.... most of which will be refunded to people.

In crypto there is no such a thing as being refunded, because every mistake that leads to a loss of money is permanent and people don't want to deal with that.... they want to be spoon fed and looked after.

I never really worry about using my banking app to pay for something online, while I constantly worry about using my mobile Bitcoin client and triple check everything to make sure I haven't made a mistake somewhere. It's a pretty big deal.

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October 21, 2019, 09:29:29 AM
 #40

I don't know what's the big deal about getting bitcoin. Same as all things really if you ask me. Some people just get linkin park, and some never will.

Some hate rap without ever really understanding anything, some hate jazz, hey so what, it's a free world right? Why do we need everyone to love the same thing we do? That's the real fallacy;)

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October 21, 2019, 09:30:32 AM
 #41

Some people are actually open minded when they start to delve into things that they don't understand and others tend to have a biased notion as well. My mom used to view everything from the Internet as being bad because of pornography and a lot of things. People mostly hate Bitcoins just because they don't trust technology, others don't get it because they don't seem ready and eager to learn anything new.
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October 21, 2019, 09:31:58 AM
 #42

If I knew someone who spent an hour or two studying the basic principles and they still came back with 'ponzi' I would assume they were educationally subnormal. I would understand if they were still sceptical about the security and robustness of the whole thing, but not the entire spirit of it.

Very few people will ever take the time to properly digest the information about it. Very few people take the time to form their own informed opinion on anything. They take what they're told and maybe add some of their own spin for a dash of originality and that remains their opinion for the rest of their days no matter what's thrown at them.
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October 21, 2019, 09:34:32 AM
 #43

It's a matter of subjectivity. It is related to the education and with what beliefs/principles those people were brought up. You can't convince someone that has been indoctrinated that the best way to save and become wealthy is by investing in gold assets or real estate. They just won't grasp the fact that a virtual currency - notice the difference - something intangible like Bitcoin can represent a better investment than a hard, tangible asset that you can actually touch and see like a house or a gold bullion.
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October 21, 2019, 10:39:38 AM
 #44

It really depend on how they know or introduced to them the bitcoin. They probably know it as an investment program and didn't really know any information about the cryptocurrency and they are lacking knowledge on how to know it because some country are not supporting this kind of technology.

Much better to know on how really blockchain really works and cryptocurrrncy as an alternate paynment method also good for a long term investment just like the stock market but they really need to knoe a lot first before putting their money on this kind of program.
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October 21, 2019, 11:55:09 AM
 #45

Fake news is the main reason why they are not interested because most people are already fed up by fake informations that make them to decide instantly not to listen to whatever bitcoin is.

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October 21, 2019, 12:08:39 PM
 #46

It also depends on the individual interest of the people. Some people really don't care about learning new things. In my experience the curious people are more friendly towards the blockchain technology.  I have computer engineer friends that know nothing about bitcoin except it's name and friends in other professions like lawyers who are technically sound about blockchain.
And it's about legality for some, people sometimes would not want to do what is defined as illegal in their country.



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October 21, 2019, 12:36:13 PM
 #47

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )






I think it is more related to how a person was informed about Bitcoin and Blockchain technology. If he/she is informed with wrong knowledge, then things are getting into a bad situation.

R


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October 21, 2019, 01:29:25 PM
 #48

Change is one of the things which does not occur rapidly you know. Some folks have strong perceptions about the use of bitcoins such as it being a scam, not secured etc. The worst part of it all is that they are not willing to listen! It's going to take a while with such folks though.

There is another group of people who are always willing to embrace change. These are the kind of people who go the extra mile after being introduced to the use of bitcoins. I quite remember when i was first introduced to bitcoin back in the days. I got so intruiged by the technology and wanted to know more. Through my researches and out of curiosity i got scammed by $150. That did not keep me down though, i kept on reading about it and how to use it and now i am a pro  Cool
I guess it'a all about the will and nothing else.

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October 21, 2019, 11:20:06 PM
 #49

Often people become hostel when something is different or they do not understand it. It has happened through the ages. Just look at the witch trials genocides or Racism. For some reason, people feel the need to be right at all costs. Makes no sense to me because what is wrong with being wrong? Not everyone is like this though. Only the weak, however, there is still a large number of people like that and I find that most people with prejudice against one thing will normally have it against another too. The thinking behind it goes hand in hand with one another.
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October 21, 2019, 11:52:19 PM
 #50

Some people cannot understand and accept BTC knowledge directly because of several factors. For example, because they are not quite right to get the main points about BTC or because they are too new to the technology. Or because they don't have the capital to get into investing.

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October 21, 2019, 11:54:26 PM
 #51

Maybe this is also a question in my mind, but after I saw and confirmed for myself, why only a few people who get it, and in my opinion those who really try to get it, so I can say bitcoin is only owned by people who have the determination and want to try hard to get it ..

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October 22, 2019, 12:03:52 AM
 #52

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )


We can sum it from lack of education and from the mainstream media who depicts Bitcoin as a criminals tool for money laundering, people will not invest in something they do not know how things work, they do not have any idea on decentralization and peer to peer they are much used into conventional way of investing, like having an office and central figure or product that will run the whole things, which is not applicable to Bitcoin.

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October 22, 2019, 12:23:42 AM
 #53

If I knew someone who spent an hour or two studying the basic principles and they still came back with 'ponzi' I would assume they were educationally subnormal. I would understand if they were still sceptical about the security and robustness of the whole thing, but not the entire spirit of it.

Very few people will ever take the time to properly digest the information about it. Very few people take the time to form their own informed opinion on anything. They take what they're told and maybe add some of their own spin for a dash of originality and that remains their opinion for the rest of their days no matter what's thrown at them.
Those people are definitely the weird ones, I couldn't really imagine a situation where someone who is smart and understands the concept and technology of bitcoin coming back with an idea that it's just a scam.

It's hard to make an unbiased analysis of bitcoin and crypto-currencies nowadays, the person who spent an hour studying it has probably seen those news articles or television segments that are classifying it as a scam and relating it to money laundering.

It's crazy how powerful the media is and how a string of articles or tv attention can change so many people's opinions.

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October 22, 2019, 01:08:14 AM
 #54

Who cares? It's a normal case that somebody is always oppose everything that you are trying to do, when somebody doesn't accept it or not this platform is becoming stoped and obsolete, so I don't care about those people don't understand the situation and also don't try to understand, Bitcoin platform is not depending on the some of those people always try to ignore and avoid this platform, there are some reasons behind this scenario, it may be their ignorance, it may be their lack of education or they are not aware of the technological development. but it also trues that you can't expect all the hundred percent accept support form your end, so try to let them education about it, if they don't accept then you also should ignore it.

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October 22, 2019, 01:40:30 AM
 #55

In all this years I learned that if you go excited to someone to speak about Bitcoin, most of them won't believe you and they will get skeptical that you simply went good for you and will go bad for them. Another thing I observed is that you talk about investment into Bitcoin at introduction , people will think you want to make them to invest into scams ( which is not the case ) so lately I simply go with this is Bitcoin and Blockchain , learn about it and then if you want to learn more about here is some steps in order to help you. This will increase the curiosity in most of people and they will start to take Bitcoin seriously.

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October 22, 2019, 01:44:12 AM
 #56

The question is, are they willing to learn how bitcoin and cryptocurrency works? Because if yes, they'll make efforts just to understand it. If they are not interested, they wouldn't exert effort learning bitcoin. Simple as that. You'll get it if you're willing to. Knowledge is not an excuse not to get it. Because everyone starts without knowledge about bitcoin. The only difference is the willingness towards learning bitcoin.

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October 22, 2019, 01:53:50 AM
 #57

It all depends on how you explain it, people will believe in facts or evidence that can attract them to join.
My way is, show them what I get or have from bitcoin and income in detail and with that there will be questions from them and that is my chance to explain how to use it because using bitcoin is related to technology or whatever it is and explain the benefits, losses, and risks that will be faced and that way some of my friends have finally joined bitcoin until now and they really enjoyed it.

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Edraket31
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October 22, 2019, 06:15:32 AM
 #58

It all depends on how you explain it, people will believe in facts or evidence that can attract them to join.
My way is, show them what I get or have from bitcoin and income in detail and with that there will be questions from them and that is my chance to explain how to use it because using bitcoin is related to technology or whatever it is and explain the benefits, losses, and risks that will be faced and that way some of my friends have finally joined bitcoin until now and they really enjoyed it.

There is a point, but there are some people that despite of how you will explain to them they still don't want to believe, especially those people who don't much trust you, that they think you are just scamming then and that you just want to invest in it. So, for me I am helping people who wanted to change their life, and not those people who don't want to trust me.

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October 22, 2019, 08:20:25 AM
 #59

Some of them just live the traditional fiat or the banking system for their salary only (mandatory most of the time).
I guess it will all depend on how we can stretch those kind of examples for them to easily understand everything.
It's all people know, and they also rely on the safety provided by centralized financial institutions because people make a lot of mistakes leading to a loss of money, get scammed, and so on.... most of which will be refunded to people.

In crypto there is no such a thing as being refunded, because every mistake that leads to a loss of money is permanent and people don't want to deal with that.... they want to be spoon fed and looked after.

I never really worry about using my banking app to pay for something online, while I constantly worry about using my mobile Bitcoin client and triple check everything to make sure I haven't made a mistake somewhere. It's a pretty big deal.

My banking app failed the other day .... in fact millions of peoples failed, sure it was back online in 24 hrs but still....

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October 22, 2019, 12:46:54 PM
 #60

Some people are actually open minded when they start to delve into things that they don't understand and others tend to have a biased notion as well. My mom used to view everything from the Internet as being bad because of pornography and a lot of things. People mostly hate Bitcoins just because they don't trust technology, others don't get it because they don't seem ready and eager to learn anything new.

Absolutely,bitcoins require some knowledge about the technology and millennial or the new generation mostly attracted to it. Old ones,only a few are interested.Slowly since adaption is imminent, they get bitcoin just like a currency for daily use and some for investment or long term hold.Others does not matter,even you explained how good the technology is, they don't bother.

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October 22, 2019, 02:44:21 PM
 #61

We can't force people to know or learn something they are not interested in. Even if they are young or old if they want to get involved in bitcoin they will study it. I myself is really interested to learn more about bitcoin and blockchain technology but the people around me like friends or family are not really interested. Some of them even say it is just a scam.
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October 22, 2019, 03:05:46 PM
 #62

Let’s admit the fact that cryptocurrency specially Bitcoin is not that easy to understand ,because not all people or best way to address is “Majority of people in the world are not tech people”so they are harder to encourage or even if they try yet not enough for them to understand quickly so that’s same reason why many fails like what you said Quickly entering without knowledge so the ending is failure and will curse the crypto for taking their money 😂
But with our help it’s will come soon that realizations and acknowledging will come to this market just do our part and don’t get tired of teaching people about what is this all about









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October 22, 2019, 03:19:55 PM
 #63

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )






Many people want to get bitcoin soon and never check chart before investing, just looking about other people have invested and they want to invest too, price suddenly drop and never take little risk for cut lost and hold it until price really down.
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October 22, 2019, 03:26:02 PM
 #64

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )





If the person is really interested in knowing the working of crypto coins then surely he will get its working and technology behind it but some people have negative viewpoint about it due to rumours about its volatility and scams like btc being bubble.Others just want to get rich by btc without knowing that it is coin used for payments not mode of getting rich.You can invest in it and wait for long term and get returns in future.But slowly people will start getting its importance and adopt it.
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October 22, 2019, 04:36:54 PM
 #65

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )





Yes the only explanation that I could think of is number 5,
People who doesn't really like it or not interested in one thing would always be closed minded person .
They wouldn't get it no matter how much you explain it to them if they doesn't like it then it would just be worthless.

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October 22, 2019, 04:43:41 PM
 #66

People can be divided into many groups depending on the conditions. You can divide them by age, gender, intelligence. We can assume that the average young person of above average intelligence will most likely understand Bitcoin. An average old person who does not have a computer at home will not. It's that simple.

Some people are open-minded and some are close-minded and this doesn't depend on their age. This is like an additional condition on top of your age and intelligence that has to be met for you to understand Bitcoin.

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airdnasxela
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October 22, 2019, 05:08:08 PM
 #67

Some are just not capable of understanding the nature of bitcoin. Like people who are not techy, older people, and some people in the places who lack innovation and development. Some are not just as interested to learn bitcoin. The point here is just, not everyone are interested about bitcoin. Just because we're interested, others should too.
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October 22, 2019, 05:09:44 PM
 #68

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )





Yes the only explanation that I could think of is number 5,
People who doesn't really like it or not interested in one thing would always be closed minded person .
They wouldn't get it no matter how much you explain it to them if they doesn't like it then it would just be worthless.

We cannot just make them open their mouth (in a brute force) and put the hot food into their mouth, they will just throw it out.

there are certains individuals, or should I say the majority of the crowd in the society we are in, are not intertested in something unbelievable, and cryptocurrency is one of the examples of that. Bitcoin is the most biggest coins we could introduced to someone, but once we start explaining it, they will start to be confuse and will not take it in into their system, but the problem is not on us, it is on them.
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October 22, 2019, 05:21:30 PM
 #69


pretty normal when you introduce something new, they will oppose it because they don't understand or simply because since its new.

my old  man insist in investing in buying a farm as it will help me survive by planting crops and trees and sell them. when i told him i'd be investing GPUs so i can mine ETH and XMR. he was what and then you are going to sell the land minerals to china?   maybe i just suck at explaining what BTC and these coins are.









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Wysi
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October 22, 2019, 05:34:05 PM
 #70


pretty normal when you introduce something new, they will oppose it because they don't understand or simply because since its new.

my old  man insist in investing in buying a farm as it will help me survive by planting crops and trees and sell them. when i told him i'd be investing GPUs so i can mine ETH and XMR. he was what and then you are going to sell the land minerals to china?   maybe i just suck at explaining what BTC and these coins are.

Yup no matter how hard you try to explain it some people might never get it as it should be understood wherein there are those who will get it easily.  I had similar challenges while hiring a developer for one of my project wherein some of them consider bitcoin as illegal and they will be arrested if they for for a crypto related project while others are cool and very keen to learn and work for it.

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October 22, 2019, 09:34:54 PM
 #71


pretty normal when you introduce something new, they will oppose it because they don't understand or simply because since its new.

my old  man insist in investing in buying a farm as it will help me survive by planting crops and trees and sell them. when i told him i'd be investing GPUs so i can mine ETH and XMR. he was what and then you are going to sell the land minerals to china?   maybe i just suck at explaining what BTC and these coins are.

Yup no matter how hard you try to explain it some people might never get it as it should be understood wherein there are those who will get it easily.  I had similar challenges while hiring a developer for one of my project wherein some of them consider bitcoin as illegal and they will be arrested if they for for a crypto related project while others are cool and very keen to learn and work for it.
People have different opinions and understandings of technology. Even though I don't see a reason why many people still rejected bitcoin and other cryptocurrencies maybe it is because of the cryptocurrency market volatility or lack of good understanding of the technology or might be both likely.  
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October 22, 2019, 11:17:13 PM
 #72

[1] They don't just get it because they were introduced. They are eager because they've heard success stories about the early investors and adopters on how much they've made money with bitcoin. And that's encouraging them to buy ASAP although they don't understand it.

[5] They are no longer interested probably they became a victim of scams on internet and they are just trying to become smart this time and avoid things like this. But it will all change once the media is giving a good view and making the reputation of bitcoin positively.

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October 22, 2019, 11:49:06 PM
 #73

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )





Some people are very interested in bitcoin why?  Because they are know that bitcoin are good for a long investment and they know what the benefits they get once they get invest in bitcoin.
But some are not interested because they don't have knowledge about bitcoin and some maybe they have no money to invest on it.
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October 22, 2019, 11:53:11 PM
 #74

Bitcoin have been present years ago. And a lot of people started early. The fact that they work early, there’s a big chance for them to get bitcoin. Unlike those people who started late, it will be hard for them to have one due to the inconsistency of the price.

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Wintersoldier
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October 23, 2019, 12:14:43 AM
 #75

Bitcoin have been present years ago. And a lot of people started early. The fact that they work early, there’s a big chance for them to get bitcoin. Unlike those people who started late, it will be hard for them to have one due to the inconsistency of the price.

Basically, if we will going to look not to the price of bitcoin but to the functionality and effectiveness of it to become a substitute to the fiat it is enough to attract or to induce market adoption. What I can see that makes it hard is the other platform using bitcoin or other crypto in frauds that decrease the reputation of it. In addition, people's mind are close due to this, and they are already contented with what they have.
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October 23, 2019, 12:29:11 AM
 #76

It really how the person thinks that makes them really understand what bitcoin really is, or some people might experience something bad that is why its really hard for them to believe something that just come out of thin air to have an importance, experiences really is what really make them easily get it, and others dont

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Pearls Before Swine
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October 23, 2019, 12:32:07 AM
 #77

its more about how your introducd to it
Depends how your exposed to crypto-currencies.
I discovered bitcoin via some kind of news media years ago, tho I can't recall exactly what I was viewing on the internet.  Most likely it was a story about btc hitting its then all time high when Mt. Gox was in the process of imploding. 

These days a lot of people know at least something about bitcoin, even if they don't own any and never will.  The unfortunate thing is that the media reports bitcoin's ties to drugs and illegal porn and terrorism, and all of that is very unfair.  That's the type of thing that makes me want to pull my pubes out by the roots.

Technical minded people will recognize the value of bitcoin, but we all know that the majority of the population is ignorant and believe everything they're fed from news outlets.  They don't bother to look any deeper into bitcoin than what they hear from the media, so they think its some kind of tool for criminals.  But that's all right.  BTC is 10 years old and shows no signs of dying yet.  The younger generation will surely realize its benefit and carry it forward.
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October 23, 2019, 12:58:03 AM
 #78

Depending on the explanation about bitcoin itself and the educational background also affects the ability to catch someone about
something new. Usually people are quicker to grasp the meaning of the first bitcoin because he likes to go first with bitcoin so his
thinking is more The second person who understands bitcoin faster, usually his educational background understands basic technology.
And the third one why people understand more about bitcoin depends on where the source is, the more trusted the source the easier
it is for people to accept. So indeed different each person captures a knowledge there is a fast and some are slow. Most importantly
there is still a desire to continue learning.

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October 23, 2019, 01:48:33 AM
 #79

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )





Many people do not know risk of bitcoin investment, they only keep on their mind bitcoin is faster way how to get much money with investing, they do not think bitcoin have side where price down their investment assets will lost, less communication and understand about how bitcoin investment working and how to get profit with bitcoin, never claim bitcoin is faster way to get much money.

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tambok
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October 23, 2019, 02:23:03 AM
 #80

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )




Many people do not know risk of bitcoin investment, they only keep on their mind bitcoin is faster way how to get much money with investing, they do not think bitcoin have side where price down their investment assets will lost, less communication and understand about how bitcoin investment working and how to get profit with bitcoin, never claim bitcoin is faster way to get much money.

They are just after the possible profit that they are considering but they don't consider the risk associated on it, and once they loss money with their investment, they will be depress  and stressing out their selves. So, if we have friends that wanted to earn crypo, we should be able to suggest them to know risk management first.
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October 23, 2019, 04:20:02 AM
 #81

The attitude to cryptocurrency largely depends on the first experience with cryptocurrency. If the result was positive, then the attitude towards it will be appropriate in the future. Also, such an attitude will largely depend on the degree of help from others, if a beginner in cryptocurrency has certain problems. Many sometimes face technical difficulties and, not knowing how to solve them, simply leave the cryptocurrency.

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October 23, 2019, 05:29:06 AM
 #82

Some don't consider to get involve in cryptocurrency because of the losses they might experience. But some when they first introduced to bitcoin a sudden of becoming interested in it on how they can earn and how can benefit this cryptocurrency to them. Getting to know the risks in btc could help them to understand and could properly learn to earn, and gained knowledge in btc.
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October 23, 2019, 05:52:33 AM
 #83

i ever introduce bitcoin to someone by how to get money as fast as possible and how bitcoin itself. many people will respon with get money as fast as possible. the main set for most people is money, so the approach is from money. after they knoe about how to get it, as time go by they will learn about what is bitcoin little by little. but not all people think like this, some people will learn about bitcoin first, and the other is like bonus from bitcoin
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October 23, 2019, 07:42:43 AM
 #84

i ever introduce bitcoin to someone by how to get money as fast as possible and how bitcoin itself. many people will respon with get money as fast as possible. the main set for most people is money, so the approach is from money. after they knoe about how to get it, as time go by they will learn about what is bitcoin little by little. but not all people think like this, some people will learn about bitcoin first, and the other is like bonus from bitcoin
Introducing with someone else is very difficult, it takes more time for you to explain what is bitcoin and what is the function on it and you have profit. Probably, it takes 5-6 hours or more than that. Because not all people fully oriented and the sad part is when they failed you might blame them. So, I guess better keep quiet and show them how successful you are.
Well, I think it's because they already had an experience of how to earn bitcoin quickly. There are many ways to earn it if you are just willing to learn in order for you to be able to get rich but this time earning bitcoin is a little bit hard and risky as well due to it's dropping value.

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October 23, 2019, 08:02:38 AM
 #85

The attitude to cryptocurrency largely depends on the first experience with cryptocurrency. If the result was positive, then the attitude towards it will be appropriate in the future. Also, such an attitude will largely depend on the degree of help from others, if a beginner in cryptocurrency has certain problems. Many sometimes face technical difficulties and, not knowing how to solve them, simply leave the cryptocurrency.
The wrong interpretations in regards to this investment opportunities, Many are here because of someone introduced bitcoin with wrong information,
They've been convinced that this is a good way to invest money and earned but after suffered from loses due to volatility and lack of knowledge about how things work. frustrations throw them away from this industry as the results of wrong impressions inside the market.
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October 24, 2019, 03:29:19 AM
 #86

People who don't get Bitcoin are those who fail to understand the basic concept of an electronic cash system built on a decentralized platform where transactions are peer to peer thus no involvement of any form of a third party. Without this basic knowledge, you will not really get bitcoin.
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October 24, 2019, 03:42:39 AM
 #87

It's because we have different approach receiving knowledge about bitcoin. I have just two things why others may or may not understand what bitcoin really is:

1st. How they explained bitcoin (as an investment tool , as payment options and as blockchain technology.

2nd. Not using easy terms. Many pretends to know blockchain but do not really understand it.

It is somehow complicated to know yes, but there are many easier ways how to understand the essence of btc. One example is the youtube videos and the infographic images.
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October 24, 2019, 04:32:12 AM
 #88

and you forgot about another, rather huge part of general public, who do not know nothing about bitcoin and do not care about it at all))
maybe they even heard about crypto, but did not paid attention about it and almost immediately forgot about it
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October 24, 2019, 04:41:14 AM
 #89

Bro other name of life is called Risk, as any person who don't want to take any risk in life mostly he will failed. To get success you need to get risk and try try again. Just like that if you want to do something different you need to get risk repeatedly. Bitcoin has completed 10 years and i think its known by the whole world that what is bitcoin and how to do work in bitcoin. So those people who are working here and earning they are getting BTC while those who have no interest or they have no ability to take risk to do some business or any work simply they are not getting BTC.
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October 24, 2019, 05:58:51 AM
 #90

i ever introduce bitcoin to someone by how to get money as fast as possible and how bitcoin itself. many people will respon with get money as fast as possible. the main set for most people is money, so the approach is from money. after they knoe about how to get it, as time go by they will learn about what is bitcoin little by little. but not all people think like this, some people will learn about bitcoin first, and the other is like bonus from bitcoin
Introducing with someone else is very difficult, it takes more time for you to explain what is bitcoin and what is the function on it and you have profit. Probably, it takes 5-6 hours or more than that. Because not all people fully oriented and the sad part is when they failed you might blame them. So, I guess better keep quiet and show them how successful you are.
Well, I think it's because they already had an experience of how to earn bitcoin quickly. There are many ways to earn it if you are just willing to learn in order for you to be able to get rich but this time earning bitcoin is a little bit hard and risky as well due to it's dropping value.
It is really hard to introduce Bitcoin into a person who are not willing to learn. The best way to encourage them is to give a definition that will be in their favor like they will get a quick income without having exerting a huge effort. Perhaps you should teach the person who is willing to accept Bitcoin because Bitcoin can be discourage at the same time since not all the time it was not in good status. Besides, crypto can be risky so they must know it before they engage in any transaction to avoid any remorse.

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October 24, 2019, 06:25:16 AM
 #91

It depends on how you introduced it and on how such a person understands it. In introducing and explaining about crypto, we shouldn't hide anything and we must be transparent. Telling about its risks would be a big help. A person should also have the eagerness to learn everything about it openmindedly. We should also inform them that crypto isn't a shortcut to success but it includes hard work and sacrifices as well.
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October 24, 2019, 11:58:38 PM
 #92

Bitcoin is actually extremely easy to understand. Let me break it down for the common man.

Bitcoin=Gold
Mining=Mining
Bitcoin miners are machines that run programs that facilitate and secure the transactions.
Gold miners are machines that physically mine gold and secure the extracts.
Both are rare and need a lot of energy to collect. Both are limited.
Both have value based on supply and demand.

Bitcoin is simply digital gold mining. It could not be easier to understand than that.
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October 25, 2019, 07:32:22 AM
 #93

It depends on how you introduced it and on how such a person understands it. In introducing and explaining about crypto, we shouldn't hide anything and we must be transparent. Telling about its risks would be a big help. A person should also have the eagerness to learn everything about it openmindedly. We should also inform them that crypto isn't a shortcut to success but it includes hard work and sacrifices as well.

No matter how much you introduced this to them, if they don't want to believe and they don't care at all then there is nothing we can do. I have a lot of friends that I introduced this to them, but they refuse and some are just here, life is a matter of choice, this is up to them if they will care for it or not, what matters is that we remember them.

I have that experience too, but I don't think that will bother me because that will depend on themselves. Whether they will accept what I tell them or not, I don't think more seriously. I only introduce something that can help them, but if they rejected, then I don't have to do another thing. We cannot force them to follow what we did because they will have another opinion about something that is new for them. It is enough to give the information to them, and the rest let them decide.

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October 25, 2019, 12:00:05 PM
 #94

Its not that they don’t get it but they are not open-minded about bitcoin. If a person if open minded then if you only explain bitcoin in a simpler way then I don’t see any reason that they can get it. When we introduce it to newbies it is important that we include everything meaning we should provide them the advantages and disadvantages for them to understand better.
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October 25, 2019, 12:10:02 PM
 #95

it depends on the information he receives. when we introduce bitcoin well and teach how to earn money with bitcoin. and we also have to explain the risks that must be faced. of course I'm sure they will be interested in investing with bitcoin. but if what they often hear is negative news about bitcoin such as money laundering, terrorist funding or our money can be lost instantly because of fluctuations in bitcoin prices. of course they will not be interested in investing in bitcoin.

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October 25, 2019, 07:21:10 PM
 #96

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )




Many people do not know risk of bitcoin investment, they only keep on their mind bitcoin is faster way how to get much money with investing, they do not think bitcoin have side where price down their investment assets will lost, less communication and understand about how bitcoin investment working and how to get profit with bitcoin, never claim bitcoin is faster way to get much money.

They are just after the possible profit that they are considering but they don't consider the risk associated on it, and once they loss money with their investment, they will be depress  and stressing out their selves. So, if we have friends that wanted to earn crypo, we should be able to suggest them to know risk management first.

of course that we must first warn if we will introduce it to partners who will use this technology, do not be easily tempted to get quick profits in this industry if we do not understand the risks that will be faced later. we must always warn that the price movement of cryptocurrency markets can change suddenly and every beginner must be able to understand market price movements first before plunging into this field
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October 25, 2019, 10:05:07 PM
 #97

Bitcoin and the blockchain are already a complex topic so don't expect that people will get you easily just by giving or explaining the definition. It requires a lot more knowledge before you can understand the bitcoin.

If you wanted to explain or teach someone, try to elaborate on the technology behind it, maybe they can get it easier than you expected.
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October 25, 2019, 10:07:09 PM
 #98

it depends on the information he receives. when we introduce bitcoin well and teach how to earn money with bitcoin. and we also have to explain the risks that must be faced. of course I'm sure they will be interested in investing with bitcoin. but if what they often hear is negative news about bitcoin such as money laundering, terrorist funding or our money can be lost instantly because of fluctuations in bitcoin prices. of course they will not be interested in investing in bitcoin.
They lose interest and faith with Bitcoin cause they always think of negative which the others don't. For it sometimes that we've been down but mu trust still there and never been losing the hopes. I know it is really hard to control our emotions but we have to and we need to work on it cause that's the only way that it will help to be strong and stronger enough to face any difficulties that may happen.

R


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October 25, 2019, 10:29:02 PM
 #99

It depends on their perspective and interest in technology and economy I guess.
People who don't get it because they can't understand bitcoin due to the complicated way to use it, just fell it not attractive to be used even for a store of value, because they see how quickly the price fluctuates over time. and others will invest in bitcoin in order to gain profits in the future without never to understand the fundamentals of bitcoin.
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October 25, 2019, 11:40:37 PM
 #100

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )






If you really want to have bitcoins or even other cryptos there are a lot of ways to have it and one of the major thing is by trading. Depending on the market statistics and the demand of a certain cryto, you can trade it with your current type of currency whether it was a fiat or a crypto. On the other hand, we have what we called services wherein you will help a certain project to advertise their product- probably a crypto also or an exchanger -and based on the set rules you will be paid accordingly.



BIG WINNER!
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October 26, 2019, 12:02:35 AM
 #101

It depends on their perspective and interest in technology and economy I guess.
People who don't get it because they can't understand bitcoin due to the complicated way to use it, just fell it not attractive to be used even for a store of value, because they see how quickly the price fluctuates over time. and others will invest in bitcoin in order to gain profits in the future without never to understand the fundamentals of bitcoin.
And also depending on their environment,because we must admit that we are lucky for having someone that known bitcoin and cryptocurrency for long time and guided us to learn and be knowledgeable in this area but others don’t have this privilege,they are learning by themselves that’s why it’s getting harder for them to understand.
What we need is educate them and help them to have enough knowledge and with this action we can mak crypto more great and not just by earning but spreading as well









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Mars,           
here we come!
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October 26, 2019, 02:55:45 AM
 #102

I think that changes always generate resistance, when paper money was invented in China, people could not understand it and opposed it, how to exchange their gold for a piece of paper? The same goes for cryptocurrencies, for many people it is difficult to conceive money in that way and that is why they criticize it.

On the other hand, there are scams that have tarnished the image of crypto, then the resistance of some sectors that believe that cryptocurrencies are taking away their power, and so on. For all these reasons some sector of society does not end up accepting cryptocurrencies and criticize them, but progress is being made towards mass adoption, that is for sure.
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October 26, 2019, 03:44:03 AM
 #103

Everyone knows bitcoin in different ways, their understanding of bitcoin can also be different. This is as you say why some people "get" because they are introduced and have knowledge in the right way. While others do not get the right approach and understanding of technology.

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November 06, 2019, 01:54:57 PM
 #104

It depends on who do you introduce bitcoin to, and the way how you introduced bitcoin to the. Not all people is tech savvy, I've introduced bitcoin into some of my friends and only a couple of the really got involved in crypto currency. Even I who really believes in crypto was skeptical on it when it was first introduced by my brother.
in my case my friend introduced me to bitcoin and i like it i read articles about cryptocurrencies and i joined this forum to explore and learn more but when i introduced it to my other friend they show no interest in it and i gave up because i can't force them to understand it

 
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November 06, 2019, 02:02:19 PM
 #105

It depends on who do you introduce bitcoin to, and the way how you introduced bitcoin to the. Not all people is tech savvy, I've introduced bitcoin into some of my friends and only a couple of the really got involved in crypto currency. Even I who really believes in crypto was skeptical on it when it was first introduced by my brother.
in my case my friend introduced me to bitcoin and i like it i read articles about cryptocurrencies and i joined this forum to explore and learn more but when i introduced it to my other friend they show no interest in it and i gave up because i can't force them to understand it

Great that you listened to your friend, most of my friends are not listening and don't care about it despite of my explanation, but some are here keep exploring the crypto and online world, and he is always saying 'thank you' to me as I didn't stop informing him this forum, so he keep saying 'thank you' the way I was thankful enough to the person who introduced me this forum, who guided me when I was new, so I give back to those of my family and friends too, especially those who are in need of extra income.

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November 06, 2019, 02:04:23 PM
 #106

Everyone knows bitcoin in different ways, their understanding of bitcoin can also be different. This is as you say why some people "get" because they are introduced and have knowledge in the right way. While others do not get the right approach and understanding of technology.

We could actually help them to feel that they need a cryptocurrency without even directly stating it in front of formal conversion. I had a talk with my professor and I asked him: What do you prefer, physical cash or digital? The reply that he gives is he wanted both. Because both have their pros and cons. And he talks a little more about it. Later on, I realize that for them to adapt to cryptocurrency, we need not tell it to them directly, let them think what advantage and disadvantage it has, so they can weigh the conditions. If they think for themselves that crypto has more of the characteristics that they want in money, that is the time that we need to guide them with cryptocurrency.
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November 06, 2019, 02:08:41 PM
 #107

Simple, manipulation and control by the media in stigmatizing digital cash in general.

In my country, digital cash has been viewed negatively due to the recent scams and hacks of people done in the internet. In addition, the scheme of networking evolved where it affected most digital cash in which people associate with cryptocurrencies.
If you do not show any proof that one is actually earning from it, they will stick to their belief without even listening or exercising the effort to validate their claims.

Not to mention, when the price of bitcoin skyrocketed to $20,000, many people impulsively invested and purchased it. Due to the dilemma where its price dropped, people viewed it as a "scam-investment".

R


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November 06, 2019, 02:51:48 PM
 #108

The main point is that they have a negative viewpoint about cryptocurrencies due to governments and other people spreading negativity about its usage and depict it as bubble which could burst anytime.They don't get to know the technical working behind it and its importance thats why they will never open about such revolutionary decntralized coins.But slowly people are getting interested in working of these coins and will come to know about its usage and will love it and mass adoption of btc will take place making it as mode of online payment.

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Capt00
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November 06, 2019, 02:57:27 PM
 #109

It depends on who do you introduce bitcoin to, and the way how you introduced bitcoin to the. Not all people is tech savvy, I've introduced bitcoin into some of my friends and only a couple of the really got involved in crypto currency. Even I who really believes in crypto was skeptical on it when it was first introduced by my brother.
in my case my friend introduced me to bitcoin and i like it i read articles about cryptocurrencies and i joined this forum to explore and learn more but when i introduced it to my other friend they show no interest in it and i gave up because i can't force them to understand it

That is because they are close minded about bitcoin, if a person is open enough to listen and understand bitcoin then they will be able to understand is little by little but if they are close minded then no matter how simple you explain it to them then they won't understand it. Bitcoin for me isn't as hard to understand it just depends on the person on how they see it.
mazdafunsun
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November 06, 2019, 03:29:16 PM
 #110

It is simple, they become hostile because they do not understand the tech,
If they would understand the tech most of them wont be hostile any more.
BTW Anger is explained by not understanding things you are angry about.

Asuspawer09
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November 06, 2019, 03:55:10 PM
 #111

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )





People will not just be going to buy bitcoin and they probably don't trust bitcoin with just hearing news about people who invested in bitcoin and become rich they will only going to believe if they earn a profit themselves in bitcoin. The first time I know about bitcoin I don't really trust it and also the news in our country is telling that bitcoin is a scam and it is a big risk if you invest your money in bitcoin more like they are just telling the bad side of bitcoin. In my opinion, the bitcoin community is getting bigger as time passes and bitcoin technology needs to be introduced properly as a currency and not just as an investment.

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November 06, 2019, 04:44:15 PM
 #112

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )


I think people have different levels of understanding and how they react to new tech. Some people are open to new technologies and are willing to try them out but others are not. Some people truly believe technology can change things over time and some people are not buying that. Long story short, people have different options over new things including science and technology.  





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