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Author Topic: Slow adoption and decentralized nature of bitcoin  (Read 802 times)
isaac_clarke22
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October 26, 2020, 03:40:13 PM
 #81

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We should still need to consider the elephant in the room which is how would those people with no education in basic technology cope up. I agree that learning Bitcoin doesn't mean that we should learn every single characteristic of it such as its technical side. It's like learning how to use a phone but making the learning of its specification mandatory before using it.
However the medium to use Bitcoin is what we should consider first before finding means how to make people adopt and use it.
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October 27, 2020, 01:36:26 AM
 #82

Maybe it would be better to gradually learn bitcoin and in fact it is not that easy to learn its twists and turns in just one day, let's not rush and we will also come to this point and let us take the time to shape the minds of many and open their eyes to see the importance of it and how they can change their lives by using crypto. It would be nice to teach them the basic steps on how to use it and when they have tried and use it they will explore and discover everything on their own.
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October 28, 2020, 10:03:47 AM
 #83

Seriously why would anyone be arguing about this? Who is requiring you to comprehend what Bitcoin and Blockchain is all about before you start using them? Most people here that are making use of Bitcoin doesn’t know the difference between the two (Bitcoin/cryptocurrency and Blockchain) but they are still making use of it and not having any problem.

That is probably the main reason why bitcoin continues to be erroneously treated as an investment asset to gain profit, rather than digital, decentralized money to obtain financial self-sovereignty. Bitcoin gives us a unique ability to make transactions on the internet without having to involve undesirable intermediaries such as banks, and also allows us to prevent our savings from gradual debasement due to disadvantages of a centrally planned economy.

Presently, most people who are advocating for faster adoption of bitcoin merely want their investments to grow faster. But I consider it vital to encourage everyone else to learn about bitcoin and its ideas so that people can comprehend why we all should protect bitcoin and support its decentralized nature and not focus on those profit-seekers.

Profit-seekers should also be interested in protecting bitcoin, because if it is no longer a decentralized currency, it will be immediately shut down by governments and therefore lose its value.

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