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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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