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Author Topic: BTC, why do some people just get it, others really don't?  (Read 687 times)
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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.
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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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.

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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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