People still don't know about Bitcoin

[Iranus]

I think those who are far from modern civilization, not very familiar with the global internet and communication are just ignorant about bitcoin and cryptocurrency. Because nowadays reports about bitcoin and blockchain are often published in every social media, news portal. Again, there are many freelancers who are not very interested in bitcoin, they actually move away from bitcoin due to their own ignorance, they are actually accustomed to paypal, skrill, neteller these payment methods and they are very monotonous they can't really accept the change.

[Ayiranorea]

This is common with each and every country people. Bitcoin isn't promoted through any form of advertising. Even the common man could've known about it, if it was advertised. Whenever there is big rise in the market it gets mentioned on the media. So, it isn't possible for everyone to know or learn about bitcoin. The scenario will change if the governments in the country legalize to be used same as traditional fiat.

[fauzan123]

The main reason why people do not know about Bitcoin is that they have not received the simple and clear information about this technology. Since Bitcoin is decentralized, governments have not been interested in aligning itself with Bitcoin. But it will be a matter of time for more people to know about Bitcoin from 2021. Let's see what technologies have been working on and what products and applications they will offer us after the noise that Bitcoin made in 2020.

It seems that with this pandemic many people have started to find out what bitcoin is, I also feel this in my own area, because many people are starting to be curious about bitcoin.

Of course this is a positive value in itself for how bitcoin continues to develop, considering everything I think will also be completely digital, digital payments will be very necessary in the future.

[Youghoor]

Don't be alarmed by the negligence of folks or better still the lack of resources that is still hindering parts of the world from the global change in the economic world. I know several folks who still don't have a clue what cryptocurrencies are. Even folks don't know any thing about electronic payment system that exists at the moment. it's such a pity but I believe we can all do our best in exposing this technology to people whom we know because it's the future.

[Preshie]

Am not surprised, because where I come from people there are very ignorant. If you try telling them the will just qualify it as a scam

[Hypnosis00]

Am not surprised, because where I come from people there are very ignorant. If you try telling them the will just qualify it as a scam

No, probably they are not ignorant but just a clever person who is afraid of risk. Bitcoin and investing in it are just for risk-takers, they are not and they keep that understanding since then. But this kind of mindset has a lesser chance to improve for they are absolutely a close-minded personality.

But anyway, that ignorance leads to scams. Their minds have set to its limitation.

[Rasel5209]

There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this?

How much there is who face this problem?

If any people work in online first he know about bitcoin but don't know about crypto Currency. Our country don't accept bitcoin so many people don't know about it. Many people ask me about my profession i tell that i am trader then ask what is trade. I open bitcoin and price chart.

[AicecreaME]

It's not a problem at all if they don't know about Bitcoin, their life, their choices. Maybe they've already heard it somewhere but they thought Bitcoin was just a joke. In the year 2016 when we've had a seminar about programming, one of the speakers talked about a little bit of Bitcoin, he said that we could have Bitcoin by mining it and I thought that it was just a joke and earnings there is so little.

But thanks to a friend of mine who introduced bitcoin to me in way I could understand it even more, and that's why I got here. Bitcoin will continue to grow and progress even without the majority knowing about it, so stop bothering about the people who don't give a thing about it.

[Searing]

I've been getting questions about Bitcoin more lately. I tell them to simply buy some on PayPal, say $50.00 USD just to watch such.

I also tell them to 'attic mine' in that only big data halls can you mine with ASIC miners now of any BTC/Crypto. So by 'attic mine'

I mean sell crap in your attic to make a rec room and improve your house value and stick it into BTC dust in case BTC does what

it so often has in the past and suddenly go up 8x or 16x again. Or go to estate sales and/or rummage sales and sell all the above

for less stress and more fun and likely, much, much, more profit than home mining for BTC just in case places like Citigroup and an advisor are

correct and BTC goes to $100k in 2021. Been taken better by 'newbies' in the past. I think PayPal taking BTC and other cryptos

took some of the usual FUD/Scam out of the concerns and conversations of newbies in 2020. We will see, but so far about 4 people

got some PayPal at least to 'stick their toes' into the crypto waters. I also tell them to remember we have had the ATH and then

the FOMO and now the FUD will start. (case in point Trump Administration saying they will have 'clarity' on crypto regulations in 4-6

weeks, deadline 5 days before Biden Administration takes office. So I tell them to buy and HODL and accumulate BTC dust for at least

5 if not 10 years. Again, seem to take advice better than in the past and again, likely because of PayPal's endorsement of crypto.

Brad

[soetikno]

just like in my country, the government prohibits all transactions using bitcoin to buy goods or groceries, because here fiat is the main one, and in my country for millennials bitcoin or cryptocurrency is not in any subject or guide in high school.

[TheGreatPython]

There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this?

How much there is who face this problem?

There is nothing to be surprised about in a situation like that, it all depends on where you’re living, it is possible that there are people that wouldn’t know what it is, you’re just lucky that you got to know it before them. If they ask you what it is you just explain to them in any easy way as possible that they will be able to understand it. Trust me with time it’s no longer going to be something strange or new to them, there will be time they will be the ones even talking about it.

I remember when I got to know bout Bitcoin in 2015, people where I live didn’t know a single thing about it, but this time around Bitcoin is a hot topic where I live.

[Astvile]

Bitcoin despite being popular and making news many still don't know bitcoin or at least what really is bitcoin. Most of them already heard things about bitcoin but they are not open to stuff like bitcoin, they always thinks that bitcoin is a scam or just a internet troll or a useless entity in the internet. Most people like what others are saying are ignorant about bitcoin and that is not a new problem for bitcoin. Thankfully here in my country more and more people are already accepting and understanding what really bitcoin is, I know many people before who thinks bitcoin is a scam and now they are using and believes in the potential of bitcoin.

[carlisle1]

Don't Rush them Mate,instead Help them Know and find Bitcoin in your own special way,Because ordinary people Knows nothing about this or if they had sometimes it is Negative site.

It is our Part to let them know that this is circulating and with a Good promise of convenience Payment method.
They might not know this today but with your help they become investor tomorrow.

[Shasha80]

There is no need to be surprised to know the fact that there are still many people who don't know Bitcoin.
Because the Bitcoin community is still very small, and there is also little news about Bitcoin in the local news.
Therefore, it takes a lot of promotion and education about Bitcoin, I really agree if Bitcoin is used as a subject
at the universities. So knowledge about Bitcoin can be obtained as early as possible, that way the spread of
information about Bitcoin is getting faster.

[Banulit]

In our country as well is having the same thought as your country as well, there only few people who has a knowledge about bitcoin because I think for them cryptocurrencies are not part of mainstream transaction and also our country is somehow left behind with regards to innovations and online technology that is why people here dont know the importance and benefits of bitcoin and other cryptos.

[bayu7adi]

Therefore, it takes a lot of promotion and education about Bitcoin, I really agree if Bitcoin is used as a subject
at the universities. So knowledge about Bitcoin can be obtained as early as possible, that way the spread of
information about Bitcoin is getting faster.

By including Bitcoin and its technology in learning materials at school or at university, I think there will be parties who feel disturbed by the existence of this material about Bitcoin. These parties will feel threatened that their future will not get a very tough opponent until finally evolution occurs like Nokia which was replaced by Android, or Yahoo which was removed by Google.

The party who is disturbed is the party who always takes advantage by acting as a third party or a company that wants to centralize everything.

[chikading2016]

I also see that there are so many people that didnt know about bitcoin specially in my country, the people who are old enough didnt know aboit bitcoin because bitcoin is publish or created on year 2009,

[matchi2011]

I think those who are far from modern civilization, not very familiar with the global internet and communication are just ignorant about bitcoin and cryptocurrency. Because nowadays reports about bitcoin and blockchain are often published in every social media, news portal. Again, there are many freelancers who are not very interested in bitcoin, they actually move away from bitcoin due to their own ignorance, they are actually accustomed to paypal, skrill, neteller these payment methods and they are very monotonous they can't really accept the change.

Most of them seem like they don't care about bitcoin, so they just sit there and do nothing. Maybe most influencers are reluctant to discuss bitcoin because they don't know about technology or blockchain. Supposedly, by publishing educational news on bitcoin, of course it will help people to learn and understand. But I also rarely see media that discuss in detail about bitcoin.

That media exposures will let many people to understand and learn more about bitcoin, it can't cover everyone but it will helps a lot
in terms of awareness and popularity.

Most of those undeveloped countries are not been aware about this crypto industry, without any knowledge about internet the chance
of learning this market is really slim for them.

[LogitechMouse]

There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this?

How much there is who face this problem?

You surprised that many people still doesn't know cryptocurrencies??

I'm not surprised because even in my place, they don't even know the word Bitcoin because they aren't have any knowledge or experience in investing in general. There are many people around the world who doesn't know anything about it unfortunately. There are some though who heard it but just ignored it. There are some who aren't interested at all. Either of the 3, this scenario isn't uncommon because Bitcoin is around for just 12 years and counting. Few years from now for sure more and more people will know crypto and will try to use it.

[taufik0911]

Am not surprised, because where I come from people there are very ignorant. If you try telling them the will just qualify it as a scam

No, probably they are not ignorant but just a clever person who is afraid of risk. Bitcoin and investing in it are just for risk-takers, they are not and they keep that understanding since then. But this kind of mindset has a lesser chance to improve for they are absolutely a close-minded personality.

But anyway, that ignorance leads to scams. Their minds have set to its limitation.

yes this is a problem of one's mindset where one's thoughts will be more inclined towards negative things than positive ones and it is easier to absorb negative things
coupled with their lack of knowledge makes them trapped by con artists who promised profit from bitcoin but they only collect investor money then leave without a trace