A lot of Americans still don't know what Bitcoin is

[bearexin]

I had two clients from America I want offer graphics designing jobs for, I demanded my payment would be in BitcoinBTC or Ethereum. To my greatest dismay, they were dumfounded on what Bitcoin or Ethereum is. I am still suprised up to this very moment.

There is nothing to be surprised about, just because you know about cryptocurrency doesn’t mean that everyone is going to know about it. Most of my clients that I worked, I wasn’t even the one that suggested the Bitcoin to them, they are the ones who ask me whether I accept Bitcoin as payment and then I would say yes. I always let them use any payment method I feel they are going to be okay with, and it’s mostly PayPal that a lot of people make use of, only very few have talked about Bitcoin. And as for Ethereum, I don’t see any single person that uses that lol.

Unlike most other people do imagine, not all Americans are leading a luxurious life style to get know and to adopt all the latest technologies and innovations. As of June 2020, there are 21 million American are jobless and applying for government benefits. So, there should not be any mandatory for all Americans to be aware of bitcoin nor cryptos.

[Arkann]

I have a certain assumption why this is exactly what happens in America. maybe my opinion is wrong, because this is only an assumption. The fact is that in most cases, those who are looking for extra money on the Internet know about cryptocurrency, and therefore always face investments in cryptocurrency, trading cryptocurrency and airdrops to earn cryptocurrency. and as a rule, these are people who have very low annual incomes to live comfortably. For the most part, these are the poor. In addition, large investors know about cryptocurrency, who are always looking for alternative types of investments, where there are opportunities to make good profits. the same situation with professional traders. By the way, crypto enthusiasts are generally a special category. Residents of America in most cases have not only social guarantees, but also adequate financial support, if they have a good job. In addition, America is very different from the countries of central Europe in Eastern Europe and Asia, where most of the population lives below the poverty line and themselves are looking for any opportunity to make a profit. That is why people are looking for and finding cryptocurrency. And the Americans do not have enough information.

[famososMuertos]

Let the title take the prize for being the result of a survey of only two people.

The fact that your perception leads you to that title, does not mean that it really is so, it is quite possible that it is the opposite, rare, but it is more likely that people do not know that it is a cryptocurrency but they do know what bitcoin is. .

2017-; specifically December was the year of free advertising for bitcoin. Even a program like that of Ellen Degeneres (feb, 2018) not only commented on the news but gave it more than a minute, do you know how much that time can cost for any company? bitcoin got it for free.

Not to mention that 2018 in its first third continued to be world news.

[samputin]

There is nothing to be surprised. Still there are a lot of people around the world even did not hear about Bitcoin and American people are no different of course. Even those who heard about bitcoin to them it's a scheme or something which will pop up soon.

We are sill in the early stage of bitcoins.

Yep, it's not that big of a surprise really. Most probably, since it's America, they have heard about it once or twice but they didn't really paid attention to it that's why it didn't stick to their mind and don't have knowledge about crypto.

Other countries around the world have citizens that do not know about bitcoin yet, or maybe they really choose not to know about it. But still, let's hope that more people will be encouraged to know and be part of crypto, and eventually, mass adoption.

[TIDOVEE]

I had two clients from America I want offer graphics designing jobs for, I demanded my payment would be in BitcoinBTC or Ethereum. To my greatest dismay, they were dumfounded on what Bitcoin or Ethereum is. I am still suprised up to this very moment.

You are surprised that they don't know what Bitcoin is? And do you think it every there that deals with the internet , work or get updates on currencies. Haven't you seen people who work nature or schedule do not even permit to know what going on around. Some might have even heard about Bitcoin but not pay attention to it. While some already concluded it's for internet fraud stars so they have nothing to do with it.

[minersday]

You should know that less than 1 % of the entire population in the world knows about Bitcoin and the cryptocurrency in general. You shouldn't be surprised when you see a lot of Americans have no knowledge about Bitcoin. In my country, less than 0.5% of the entire population have sufficient knowledge about Bitcoin and less than half of these people actually have enough idea about the entire crypto space.  Entire world is yet to know Bitcoin and the entire cryptocurrency ecosystem.

[iTradeChips]

It is no surprise that a very big chunk of the global population did not heard about cryptocurrencies and possibly heard about Bitcoin but that's it. No one heard of Ethereum or waves or Tron or wallets or Binance etc etc. So small that we have a forum and all of us are here talking about many things about blockchain and bitcoin. I bet maybe the whole number of members here on this forum would not exceed a hundred thousand user accounts. So it might still small and already it is making waves around the world. So wait a decade or two before this balloons to the moon.

[traderethereum]

I had two clients from America I want offer graphics designing jobs for, I demanded my payment would be in BitcoinBTC or Ethereum. To my greatest dismay, they were dumfounded on what Bitcoin or Ethereum is. I am still suprised up to this very moment.

You are surprised that they don't know what Bitcoin is? And do you think it every there that deals with the internet , work or get updates on currencies. Haven't you seen people who work nature or schedule do not even permit to know what going on around. Some might have even heard about Bitcoin but not pay attention to it. While some already concluded it's for internet fraud stars so they have nothing to do with it.

There still many people out there who don't know about bitcoin or ethereum or another coin because they still use fiat money to transact and they use fiat to buy they want.
Maybe we still need to introduce crypto among them so they can know that now, another payment option is available and they can try to use crypto as the payment or for the investment.
That will be different if that person has a big curiosity about the new thing. They will search for more info about that, and sometimes, they will spend their time exploring how to get involved in that thing.

[Janation]

It is no surprise that a very big chunk of the global population did not heard about cryptocurrencies and possibly heard about Bitcoin but that's it. No one heard of Ethereum or waves or Tron or wallets or Binance etc etc. So small that we have a forum and all of us are here talking about many things about blockchain and bitcoin. I bet maybe the whole number of members here on this forum would not exceed a hundred thousand user accounts. So it might still small and already it is making waves around the world. So wait a decade or two before this balloons to the moon.

I never doubt it.

The fact that a lot of people are not accepting it means that only a few of them use it. If a lot of people are using it obviously people will consider to accept it. It will just be a ripple effect and time will pass we will not be noticing it that Bitcoin is a mainstream way of paying things online or maybe, I hope, offline. It takes time, good things comes for those who wait.

[bakasabo]

~snip~

I was just trying to say, that modern technologies are not used widely on the whole territory of US. People dont know about Bitcoin not only because they dont have a proper device to run an app on it, but alto due to low interest in Bitcoin as such.

There are still people who prefer to use cash over credit cards (even if this dont improve or affect their credit score), they wont even bother using  Bitcoin, even if this makes their payments quicker or easier. It is like soviet grandpas and grandmas, who prefer to immediately withdraw pension from debit card or wait for a postman to bring pension money in cash.

Some just attach to a mobile with NFC to terminal, most prefer cash. Everything is in "head". It is more preferable to hold money in hands, than have something virtual on account.

[carlisle1]

Let the title take the prize for being the result of a survey of only two people.

yeah and that is an insult to tell about all american when he only handled 2 clients that has no knowledge of Bitcoin and ethereum.

The fact that your perception leads you to that title, does not mean that it really is so, it is quite possible that it is the opposite, rare, but it is more likely that people do not know that it is a cryptocurrency but they do know what bitcoin is. .

Maybe there is a need about proofs first before He posted that,at least some researches or survey to prove this concern.

2017-; specifically December was the year of free advertising for bitcoin. Even a program like that of Ellen Degeneres (feb, 2018) not only commented on the news but gave it more than a minute, do you know how much that time can cost for any company? bitcoin got it for free.

Not to mention that 2018 in its first third continued to be world news.

I have not watched this episode of Ellen but if does?considering that this is the most famous talk show in the world now because Oprah has already leave the scene.

[bakasabo]

I hada client too here in Denmark - She had no clue of Bitcoing or crypto at all, even when I tried to explain it to her... And she is working in a bank..

So ? She must be woman in age or not interested in cryptocurrency. Working in bank doesnt mean person must know everything about the services bank provide, banking system and etc. Bank employee must know everything about his duties and area he works in, and know overall information about the bank superficially.

You know, there are janitors or taxi drivers who knows everything about anything, and still they are not on highly paid position.

[mezzaluna]

Well, that is just normal because not everybody is interested or open-minded to the fact that there are other ways to pay for services or items being bought. It must be rewarding for some to be taught about the Cryptocurrency Industry because as we all know, Bitcoin is really used and really profitable once learnt about. We just need to be open-minded and don't be boastful about the knowledge that he have.

[FlightyPouch]

Well, that is just normal because not everybody is interested or open-minded to the fact that there are other ways to pay for services or items being bought. It must be rewarding for some to be taught about the Cryptocurrency Industry because as we all know, Bitcoin is really used and really profitable once learnt about. We just need to be open-minded and don't be boastful about the knowledge that he have.

I don't think that they are ignoring it, they are not just aware that crypto currencies exist. If you go to our place, where people are mostly farmers, you can't say that they are not interested or open-minded to it, they not just aware of the technologies that exist these days. They are not updated on what is new and what will be the new thing in the near future, they can't even use a computer nor use their phones to its full capabilities. All they know is that they can call and text through it.

[peterurb]

They are having very strong regulations for buying so they are not having so much Bitcoin ATMs. But on CNBC - American market TV is now recognizing Bitcoin somehow legit and they are not saying how invaluable it is. But still, crypto-adoption is in this country very slow and they are rather using Paypal.

[Malam90]

There is nothing to be surprised. Still there are a lot of people around the world even did not hear about Bitcoin and American people are no different of course. Even those who heard about bitcoin to them it's a scheme or something which will pop up soon.

We are sill in the early stage of bitcoins.

Right, many people through out the world still don't know what is cryptocurrency or what is Bitcoin. This is not surprising matter at all. Bitcoin is becoming popular currency gradually. They may not know about Bitcoin as it is illegal in USA and their regulations are hard enough. Lack of discussion in social media about Bitcoin may be another reason.

[South Park]

I had two clients from America I want offer graphics designing jobs for, I demanded my payment would be in BitcoinBTC or Ethereum. To my greatest dismay, they were dumfounded on what Bitcoin or Ethereum is. I am still suprised up to this very moment.

I do not know the age of your clients but the awareness factor seems to be most present among those that are relatively young, so if your clients were outside that demographic group it makes sense they have never heard of bitcoin, this is why I have always thought that the adoption of bitcoin will take a long time as older generations are simply not interested in bitcoin, so we will need some time for that generation to be replaced and for those that are young now to take their place before bitcoin becomes as popular as we believe it deserves.

[semobo]

There is a fun fact, American government knows almost every activities happening around the world but an average common man from US doesn't know much things about the rest of the world so they are not interested in learning, they just live with what they taught about.

About bitcoin, not much people knows about it even many economists from different countries saying that bitcoin availability can be increased with a single computer click.

[7788bitcoin]

Not only America in the whole world some people  have no knowledge about Bitcoin.they does not read financial news and tv etc.many of them busy with his job/work. They don't want to spend on social media also. As a result BTC still unknown.

It is highly unlikely that anyone living in a middle class family in any country have not heard about bitcoin from social media or from the news channels but hearing about bitcoin and understanding about bitcoin are different things altogether and i can bet that many of the users here in the forum might not know everything about bitcoin. The market is just ten years old and it will take sometime for the entire world to have interest in understanding bitcoin.

[MCDev]

Bitcoin has only been around for the past 10 years and is really famous since 2017 so very few people can know about bitcoin. In addition, governments don't like bitcoin and cryptocurrencies so they restrict the media coverage of bitcoin.
But in the future bitcoin and the cryptocurrency market will have tremendous growth and I believe that cryptocurrencies will be a part of world finance.