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Author Topic: BTC, why do some people just get it, others really don't?  (Read 506 times)
Reatim
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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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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".

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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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November 06, 2019, 02:53:59 PM
 #109

~

1. Pretty much got fond of its value, they can't help themselves of not comparing it to the price of gold to USD. They'll exit the market from panic cause they're not pretty much used to that unstable thing.

2.  They aren't that used to technologies. Probably I expect those type of people to reside in rural areas  that are really far away from modernization.

3 & 4 I can see the government doing this just because it is anonymous and they're having that fear of possible terrorism due to how untraceable the owner of the address is.

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November 06, 2019, 02:57:27 PM
 #110

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.
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November 06, 2019, 03:29:16 PM
 #111

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.

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November 06, 2019, 03:55:10 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, )





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
 #113

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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