worldofcoins
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July 09, 2021, 04:19:16 PM |
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Because most people dont have the access to internet and it is still not supported and accepted across the world. digital currency is still not being used bya most countries. but many companies are willing to invest to cryptocurrency like Tesla of Elon Musk. It lacks promotion and information on its technology. The government does not support because they cannot control it.
Most people also use currency just as a survival medium to be able to buy food, shelter, etc and they don't make a lot, unless there are stores that accept bitcoin in their local they will rarely care about using it, let alone knowing it. But when popular people like ElonMusk promote something and it's popular it's in news than alsoways consider things are going to get wild and this Hype will wipe out new people into that perticular space, crypto for example.
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conected
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July 09, 2021, 06:43:18 PM |
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Like some social media platforms, even up to this day, some people have no idea that it exists, considering how popular it is. Bitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.
- Perhaps we are elevating the problem to the level of complexity while the problem is not about people's understanding of bitcoin, it is also unrelated to popularity because in a very ordinary country, the internet and communication networks are also expanding, bitcoin has also gained traction, it is impossible to think that people still don't know or understand it. Many people are probably just being proactive in not caring about the presence of bitcoin, they know why and they care about many other issues, perhaps with themselves, Bitcoin is just a very ordinary name and does not need much consideration to invest
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clint25n
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July 09, 2021, 08:32:45 PM |
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almost all people lately have started to know about bitcoin but they tend to not understand how to play bitcoin because in this modern era, almost everyone knows about everything but they don't know what the use and function of the item or business is , because they only know the class but don't understand what bitcoin means and how it works bitcoin
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temple
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July 09, 2021, 09:40:29 PM |
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Like some social media platforms, even up to this day, some people have no idea that it exists, considering how popular it is. Bitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.
- Perhaps we are elevating the problem to the level of complexity while the problem is not about people's understanding of bitcoin, it is also unrelated to popularity because in a very ordinary country, the internet and communication networks are also expanding, bitcoin has also gained traction, it is impossible to think that people still don't know or understand it. Many people are probably just being proactive in not caring about the presence of bitcoin, they know why and they care about many other issues, perhaps with themselves, Bitcoin is just a very ordinary name and does not need much consideration to invest It is not impossible that there are people who don't understand or know it. Although not very often, I do meet people who have no clue about Bitcoin. But you brought something else up that might be of relevance. There are people who don't understand Bitcoin and refuse to learn about it let alone use it. It's the same with even much easier technologies like e-commerce platforms or even email. The older generation sometimes refuses to use that stuff and the more complex something seems to be, the less the willingness by some people to get accustomed with it.
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livingfree
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July 09, 2021, 09:46:26 PM |
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almost all people lately have started to know about bitcoin but they tend to not understand how to play bitcoin because in this modern era, almost everyone knows about everything but they don't know what the use and function of the item or business is , because they only know the class but don't understand what bitcoin means and how it works bitcoin
There are also other reasons like they know bitcoin but they find it expensive and don't want to buy it. Whilst some already knew what bitcoin is and they know the price of it presently but they have the mindset of the rich quick just as what they've seen with successful people that have shared their bitcoin journey. Some are just quietly understanding the concept of bitcoin before they firmly invest on it.
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Woodie
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July 09, 2021, 10:36:01 PM |
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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?
Slowly but sure we are getting there...and seeing most of our big crypto companies are taking a big step by being proactive in trying to make cryptos known to the world. We have seen some fiat casinos offering crypto services, sponsorship of sports activities which is another major step and a whole lot going on. If I were to guess I think 30% or more of the world's population know about bitcoin as of today.
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randegibran
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July 10, 2021, 01:36:13 AM |
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people only know what bitcoin is.but they don't fully understand the nature of bitcoin itself.which is.always negative.towards.bitcoin with some pressures.that.cause bitcoin to go down.t seems.like everyone knows.that bitcoin is.not good in.their opinion.even though we don't explore what the benefits.are from bitcoin.itself
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mamahdedeh
Full Member
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Activity: 812
Merit: 100
www.cd3d.app
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July 10, 2021, 03:48:41 AM |
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people only know what bitcoin is.but they don't fully understand the nature of bitcoin itself.which is.always negative.towards.bitcoin with some pressures.that.cause bitcoin to go down.t seems.like everyone knows.that bitcoin is.not good in.their opinion.even though we don't explore what the benefits.are from bitcoin.itself
the word bitcoin is not good because many of the beginner bitcoiners lose when investing in bitcoin, during the bullrun they invest without learning what bitcoin is, so the price goes back down and they sell it for fear of losing their money, so they talk negatively about bitcoin without the learning process first
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blackened515
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July 10, 2021, 04:25:47 AM |
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people only know what bitcoin is.but they don't fully understand the nature of bitcoin itself.which is.always negative.towards.bitcoin with some pressures.that.cause bitcoin to go down.t seems.like everyone knows.that bitcoin is.not good in.their opinion.even though we don't explore what the benefits.are from bitcoin.itself
the word bitcoin is not good because many of the beginner bitcoiners lose when investing in bitcoin, during the bullrun they invest without learning what bitcoin is, so the price goes back down and they sell it for fear of losing their money, so they talk negatively about bitcoin without the learning process first I agree with you of this, many people don't study the market before getting into it. They just buy and expect the price to rise higher in order for them to sell and make profit. And when the price falls, they start talking negatively about Bitcoin. Before you start trading Bitcoin, is necessary to know what it is and how it works.
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Rigon
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July 10, 2021, 04:32:54 AM |
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In cryptocurrencies world, 300 millions people (among from 730 cores) directly and indirectly aware about online virtual cryptos. But In my country more than 3% people are know about cryptocurrency. I am sure in the future if cryptocurrency existing,then all classes of people would know about bitcoin and others cryptocurrencies.
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clint25n
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July 10, 2021, 05:51:24 AM |
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actually there are still many people who don't fully understand bitcoin and they also don't like bitcoin and if people want to learn to understand bitcoin of course we will teach them how to base it on bitcoin itself which is a long-term business that we can invest with an indefinite period and an indefinite time. Therefore, it's not that they don't understand bitcoin but they tend to be those who do not understand bitcoin itself
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Liamttw
Member
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Activity: 126
Merit: 19
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July 10, 2021, 07:16:02 AM |
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Some countries suppress Bitcoin and prohibit Bitcoin transactions, and they will think that what the government does not support is illegal. Because the bitcoin market price fluctuates greatly, they will be afraid of the risks that arise when the price drops. They have not held Bitcoin for a long time, and they do not know the benefits of Bitcoin and the positive impact on the world.
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Mr.sprin
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Activity: 1554
Merit: 120
Buzz App - Spin wheel, farm rewards
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July 10, 2021, 07:51:54 AM |
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in my country many know bitcoin but they only know the price of bitcoin they just think bitcoin is expensive but they don't know how to get bitcoin so they don't know the true function of bitcoin.
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Obito
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July 10, 2021, 08:46:42 AM |
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Not everyone is reached by the Internet and impoverished people don't have the necessary gadget to access bitcoin or any information about it, maybe if we go on a campaign that will inform people from all strata about cryptocurrency and bitcoin, we can probably make a difference because information is enough to make them curious.
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Tahsin Kabir Kollol
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July 10, 2021, 05:33:47 PM |
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There are several differences between being aware of cryptocurrency and using it. Some people around us have heard of other cryptocurrency names including Bitcoin on various social media such as Twitter, Facebook, or online but most of them don't know much about it. Especially when the news of the ban on Bitcoin is spread through various news outlets, many people just listen to it but are not interested in knowing or using it. However, it is gaining popularity among the interested parties and the number of its users is gradually increasing. The positive aspects of cryptocurrency are that people will be more interested in cryptocurrency and its use will be more widespread.
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erep
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July 10, 2021, 05:55:02 PM |
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I think almost everyone knows bitcoin in layman's terms only as an investment, but we need to actively explain more details about bitcoin knowledge, we are glad that some people have responded well and many people have asked about bitcoin since it reached ATH last April.
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MFahad
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July 10, 2021, 06:21:04 PM |
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I think almost everyone knows bitcoin in layman's terms only as an investment, but we need to actively explain more details about bitcoin knowledge, we are glad that some people have responded well and many people have asked about bitcoin since it reached ATH last April.
For layman , investment may mean to buy bitcoin and keep it save. This is also a profitable thing to do but most of the experienced person try to trade bitcoin in order to accumulate more bitcoin.
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Dewi89
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July 10, 2021, 06:29:09 PM |
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Bitcoin is very familiar to everyone's audience and many public media have reported on bitcoin in general, but concerns for beginners in bitcoin investment that they are not ready to risk losses and rush to take action to exchange them for fiat, we need to invite them to join in crypto community.
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bitzizzix
Sr. Member
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Activity: 2534
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Reward: 10M Sheen (Approx. 5000 BNB) Bounty
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July 10, 2021, 06:31:28 PM |
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I think almost everyone knows bitcoin in layman's terms only as an investment, but we need to actively explain more details about bitcoin knowledge, we are glad that some people have responded well and many people have asked about bitcoin since it reached ATH last April.
That's right, almost everyone knows bitcoin, it's just that they still don't know the details and when bitcoin hit the high price yesterday there were a lot of advertisements and bitcoin news circulating on social media and so on. it just takes a process for them as a whole to know in detail and if we see bitcoin users grow and develop like in the area around me which used to be only a few people now have spread and many are using it, and most of them are millennials. and besides that to get to know bitcoin further, they can look for it on the internet and so on which makes it easier for them to know, learn and do.
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ninkdwi
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Merit: 14
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July 10, 2021, 07:23:35 PM |
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Is Bitcoin popular? I'd say yes. But relative to the population of people who haven't heard about. No, bitcoin isn't has popular as it should be. Quite a number of the world's populace have heard about it but not so many know what Bitcoin really is. You'd be shocked by what have heard about it. some think it's just one of our days illegal means of earning. Some say it's for the young unserious individual😆.
There's totally nothing weird about the fact a large number of today's population don't know about Bitcoin. Majority of them still struggle with the genuity of what the internet is and what it can do.
a simple example like this, in this world there are so many countries and of all the countries in this world there are still many that people don't know even though there are still some countries that maybe I don't know the name of the country. it is the same with bitcoin. this world is too wide and for the size of bitcoin people still know or not the answer is of course many people know, but not everyone has to know because basically from everyone in all corners of the world they even don't care about this. everything has its scope and there is no need to force other people to know about bitcoin because not necessarily other people care about this, besides that there are several factors that make them not aware of it such as prohibitions from government regulations and in this part of the world not all countries have access adequate internet.
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