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Author Topic: Are you scared?  (Read 845 times)
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November 29, 2020, 04:42:56 AM
Last edit: November 29, 2020, 05:00:30 AM by FIFA worldcup
 #81

I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.

Dollars and other fiat currency are already being used primarily for the transactions and everyone understand and accepts them. Bitcoins are not legal in many part of the world  and also not everyone knows about it. Also since its value is non-stable, people do not want to risk their money in volatile currency.
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November 29, 2020, 05:24:35 AM
 #82

They are not scared, I think the right term to describe how they feel towards Bitcoin is " Doubtful".

Even if you introduce Bitcoin to people, they will doubt it big instantly. The more you explain it to them, and the more their brains can't keep up, the more they will be doubtful about bitcoin, especially those old people. But I really can't imagine that they are up to ponzi scams yet they don't want a safer way to earn money. I guess people only wants easy money that's good to be true because they are thinking that if they will invest their money on a investment that will let them do nothing and earn money while they sleep, they will gain profits over it, but sad to say that it's the other way around.

I don't bother anymore introducing and explaining Bitcoin to anyone ask, because if they want to use it, they will find a way to use it without asking so many questions.
It is really hard to explain the knowledge about bitcoin especially if those people are actually beginners and they have heard the bitcoin for the first time. Saying some terms about bitcoin is really hard to explain to them, and saying what is the benefit of the bitcoin itself will actually give them some doubt if you are really saying the truth or you are really gaining some profit like what you are saying, but if you tried to explain to them with some visuals and giving them some actual tutorial, that will really help them to understand.
Its quite difficult to make clear and convince old people who might want to receive some money from their ward based in abroad via Bitcoin having been used to the regular Western Union or other traditional means.
How to you convince them that its also compulsory to exchange the Bitcoin to Fiat in their local currency after receipt? they might be suspicious of Bitcoin being a scam this are salient issues that had to be resolved to trigger mass adoption of Bitcoin by unknowledgeable people else Bitcoin adoption will continue to suffer setbacks.
Practical teaching to those who have never use it before is very necessary in way to entice them into it.

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November 29, 2020, 05:43:27 AM
 #83

I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life
Who are the Topic here?Who are those people?are they Literate about Bitcoin?do they even invested or entering  the Market?

If does then they really missing something here as beneficial,But if those people you are pointing are random ,Please there are more than 70-80% of the worl population Know nothing about bitcoin.
, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
Who advise whom?so meaning it is not you who is involve here?where did you get this information?a hearsay i think?









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November 29, 2020, 05:47:47 AM
 #84

I think this fear is caused by not being educated/informed enough about the inner workings of Bitcoin. Humans are afraid when they are not in control of the environment and they feel insecure/unsafe. The solution is simple, people should do more research and Bitcoin promoters should organize informational campaigns.
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November 29, 2020, 06:54:24 AM
 #85

I don't think it isn't the fear that is stopping them from using it like that,
It is the thought of losing profit if they use it to pay.
And those who OP are referring are the people who lacks of knowledge about Bitcoin or crypto.

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November 29, 2020, 09:10:32 AM
 #86

I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it,
Faster? Easier.

Come to take note of it. How many minutes does Bitcoin transaction takes in order for it to be transferred?? Average is 10 minutes right. Compare it if you have cash on hand. You can buy thing and pay to it instantly.]

Easier?? Do you think that all of the people have access to the technology right now?? Do you think that all of the people have access to the internet? Do you think that people will think that owww using Bitcoin would be easier compare to fiat currency.

Overall, the person who are more knowledgeable enough to learn it will be on the top compare to a person who will just ignore everything and isn't willing to learn it. Ignorance makes the people scared enough to use it. On the other hand, there are still some people who prefers to use cash rather than Bitcoin in their daily transaction for various reasons and I don't need to enumerate it anymore Cheesy.

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November 29, 2020, 09:23:05 AM
 #87

At some point, most especially when I am participating in bounties. We really don't know if its true or it's a scam. It is really hard to find out if the project is legit or not. Now I am trying again to earn when the project is done or I'm gonna switch to investing, though I started yesterday but I put a small amount maybe tomorrow gonna buy btc and hold it until the btc goes up.

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November 29, 2020, 10:09:40 AM
 #88

Come to take note of it. How many minutes does Bitcoin transaction takes in order for it to be transferred?? Average is 10 minutes right. Compare it if you have cash on hand. You can buy thing and pay to it instantly.]

Easier?? Do you think that all of the people have access to the technology right now?? Do you think that all of the people have access to the internet? Do you think that people will think that owww using Bitcoin would be easier compare to fiat currency.

Overall, the person who are more knowledgeable enough to learn it will be on the top compare to a person who will just ignore everything and isn't willing to learn it. Ignorance makes the people scared enough to use it. On the other hand, there are still some people who prefers to use cash rather than Bitcoin in their daily transaction for various reasons and I don't need to enumerate it anymore Cheesy.

Yes that's true it will take around 10 minutes but there is another solution, If you want to use bitcoin to pay for buying goods in your daily life then you must have to use P2P transaction method. you can use LocalBitcoins, Binance p2p, Coinbase etc.

Agreed, all of the people don't have the access to technology and the internet. But you know as like all of the people don't have a debit card or master card but most of the super-shop has provided the service of debit card as an alternative payment method. So I think if they will provide P2P bitcoin transaction system as a payment method then the common people would be eager to use it.

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November 29, 2020, 12:22:26 PM
 #89

Bitcoin is not a decentralized legal transaction that is why there are many international companies that are afraid to exchange this currency because is not legal tender in their country. But internally you have a good idea about Bitcoin there will be no reason to fear. Although not legally valid, they can use Bitcoin to convert Fiat currency. Don't want to take risks because you don't know how to use Bitcoin properly. It is possible to overcome fear by moving forward from the risk.
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November 29, 2020, 03:31:24 PM
 #90

How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.

Fiats do have some negatively and they're been discussed daily on the forum. Try researching the forum on Bitcoin vs USD and you'll see them. The banks and government are trying their possible best to present their scam as the best form of money but their efforts has been cancelled with the introduction of cryptocurrency. Before now people thought the idea of decentralized finance was just a theory and can't be practicalized but that's not the case anymore.

If you're trying to convince anyone to see the good in bitcoin and they're refusing then let them be. Don't force the technology on anyone before they put the blame on you when their gullible nature puts them in tight situations. Only fools or ignorant individuals sees what's good and intentionally ignore it.
Proper education is the key, there are many ignorant people out there but we cannot blame them because it is not their fault. Look at the big institutions nowadays, this is the only time that they consider bitcoin as good because of its value that is increasing. Most of the individuals are having education but the problem is not all of information are valid to use because there are fake news and misconception in different society, there are still some who believe that bitcoin is only for crook people where they always think that using it is illegal. That misconception can change through proper education wherein a certain people can easily know when to use and how to use bitcoin properly without negative thoughts. The transaction system will improve if we have proper education wherein most of the people will become aware on how bitcoins works.

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November 29, 2020, 03:40:24 PM
 #91

Those who think like that they didn't know the fact of bitcoin. It is helping a lot. We also can see a big donation of bitcoin for poor people and also for the serious patients. Like here is a big issue a head. Talking about COVID-19 a lot of donate in the shape of bitcoin. I don't care the others. I only know that the bitcoin is helping people.
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November 29, 2020, 09:48:35 PM
 #92

They are not totally scared on using Bitcoin. It is just that they are not aware on how they can be able to use Bitcoin upon doing their daily life transactions so they do not bother on learning it anymore when they can do it on fiat transaction. Also, there are still people who have been reliant on the traditional way of transacting money which makes it a point for them not to use Bitcoin. It is not about the fear of transacting with Bitcoin but they just do not have the interest on doing such added by the fact that maybe their country is still not open for having Bitcoin transactions offered that makes them stick into fiat transaction system. They have become more familiar to fiat than Bitcoin which also makes it a point for them to stick on that idealization.

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November 29, 2020, 11:11:17 PM
 #93

I can tell you that there will come a time when Bitcoin will be widely accepted in the world, I think it's just time, Bitcoin is becoming more and more popular in life from buying and selling goods. Cultural customs and trading habits are imprinted on those you mention and they are afraid to change.
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November 29, 2020, 11:11:57 PM
 #94

Nah... The risk involved in crypto actually makes it more attractive to me. If you not taking risks you not making money or making eath quakes. People whine about how "volatile" everything is to the point I hate that word. I don't want stability. Stability is boring. I like those wavy charts. Ride the waves and take those crashes and come back swinging. Most people give up and lose but you cannot. Even if you lose every single cent trading you cannot give up. You need to be a relentless beast that never gives up. So no I am not scared. More like excited. xD

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