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Author Topic: People still don't know about Bitcoin  (Read 5641 times)
Ryker1
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July 10, 2021, 10:07:50 PM
 #261

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.
Well, in my own not everyone knows bitcoin especially those people who can not afford internet to their place, they are not oriented to the technology that bitcoin has. I don't know if how much the percentage of people that has access to the internet but maybe only a few of them. But perhaps from time to time bitcoin will always well be known because it will create a trend when there were always an ATH and those early generations will most likely more involve in the technology like having a mobile phone.









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July 10, 2021, 10:31:29 PM
 #262

Before 2015 I don't recall hearing the word "Bitcoin" or "blockchain" in real life nor in forums that I frequently visited nor in video games and social media. From 2015 to summer 2017, those terms were rarely used and few members of the family and friends heard about it from me but not really involved. By winter 2017 and the hype following ATH more and more people were talking about it, yet still limited. Now by 2020 and the new ATH, I see so many people involved in cryptocurrencies in general, holding many coins, few are trying to mine, some forums created subs dedicated for cryptocurrencies. I won't deny the influence of famous people like Musk but for sure they showed up after Bitcoin already had a solid base.
I would like to imagine how the crypto world will be after 5 years from now!

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July 10, 2021, 11:18:55 PM
 #263

The crypto world within the next 5 years could be great!
I would love to know the technological advances that we will have, new dapps, mobile wallets and others. As well as the improvements in the use of bitcoin mining that have been so much questioned. What is mentioned in this thread about people's little knowledge of bitcoin is important. If we join forces to invite our family and friends to crypto technology, we will be more.

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July 11, 2021, 03:10:31 AM
 #264

No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing.

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July 11, 2021, 11:07:50 AM
 #265

~snip~ we can probably make a difference because information is enough to make them curious.
Like my country, although from the data I have obtained the development of internet users is increasing, not all of them feel the internet. Even getting electricity in some areas is difficult. But ever since the price of BTC went up so much I saw that on some social media people have dared to appear, even though they seem to be just showing off their results. A lot of money and pride. Maybe people have heard a lot but to learn maybe only 1:100 are interested. Many people do not want to understand and choose another job.
CryptocurencyKing
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July 11, 2021, 12:13:39 PM
 #266

There would always be those that would be ignorant on some developments or world innovations until they come to a general acceptance. Cryptocurrencies would always be strange to some person and bitcoin most of all because, its a developing niche of it's own and isn't a generally accepted one most of all and as such, there is a limit to the extent its advertisement can go not minding technological limits as those in the rural areas can't afford this basic needs of life.
Also, urban dwellers too. Some persons might be familiar with the team and if you ask them what is bitcoin, they could only stop at 'Bitcoin is a cryptocurrency' and that's all. It tells you to what extent people have refused to be curious about what is trending in there society that has little or no effect on them. It never becomes a thing until it has some effects and to that fact, people would always be ignorant.

Use the pandemic Covid-19 for an example. Its only been about a year and almost the whole word with exception of some tribes that remains unexplored or accessed not to know of the pandemic mean while, bitcoin has been around for some 11years yet, a lot of the world population are ignorant of the term and its niche.
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July 11, 2021, 01:44:56 PM
 #267

No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing.
very sure of that, that it didn't take long to be able to introduce bitcoin because bad and good news about bitcoin was always seen on the news, maybe even a lot circulating on social media. those who don't know can be sure that they will always be interested to find out from social media and others, to find out and do something if they think that bitcoin is very profitable. so if it's profitable, it's not wrong, it will spread individual quickly bitcoin will be better known as well .

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July 11, 2021, 01:59:39 PM
 #268

In my country also many who do not know bitcoin. But I still explain as best I can. They mostly still don't trust bitcoin and blockchain technology. I'm sure there are still many who are not familiar with bitcoin. I also believe that one day bitcoin will be more accepted and more popular.

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July 11, 2021, 04:28:41 PM
 #269

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.
Well, in my own not everyone knows bitcoin especially those people who can not afford internet to their place, they are not oriented to the technology that bitcoin has. I don't know if how much the percentage of people that has access to the internet but maybe only a few of them. But perhaps from time to time bitcoin will always well be known because it will create a trend when there were always an ATH and those early generations will most likely more involve in the technology like having a mobile phone.
on which planet do you live I have never heard of in this era there is no internet even in remote areas there is an internet network I am sure this is just your engineering, talking about bitcoin everyone already knows even though they are not very familiar with bitcoin but bitcoin is no stranger to the wider community unless you live in the forest and you don't have an internet network like early humans.

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July 11, 2021, 06:38:47 PM
 #270

In my country also many who do not know bitcoin. But I still explain as best I can. They mostly still don't trust bitcoin and blockchain technology. I'm sure there are still many who are not familiar with bitcoin. I also believe that one day bitcoin will be more accepted and more popular.

If you want people to listen to you then change the way you present or say something if it didn't work in the start.
"How you say something matters more than what you say" that's human psychology.

I wouldn't go into details because it's very easy to exploit people if you pull their right strings, everyone can be exploited including me (which I wouldn't recommend and is morally wrong)

Tell those people - Future is cashless, You don't need to rely on Bank's network to make a bitcoin transaction, You don't need a bank to store Bitcoin, Bitcoins are stored on your computer or ledger wallet ~~Explains ledger wallet~~

Tell them honestly how volatile the bitcoin marketplace is if they're here to make a quick buck after being new then they'll most likely be a victim of a Ponzi or lose their money trading on 10x leverage on the trading exchange because it's tempting to trade bitcoin and people who're new into this space most of the time are victims of Hype.
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July 11, 2021, 07:12:48 PM
 #271

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?
people right now have a curiosity crisis
around me, there are really many people who don't know and doesn't want to know about Bitcoin even though they work in IT companies

Bitcoin is only for those who have a "growth mindset" while those who are not interested in Bitcoin are just a "fixed mindset"
your mouth will be tired of explaining to them what Bitcoin is when their conscience is not interested in Bitcoin at all

amihada
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July 12, 2021, 07:24:52 AM
 #272

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?
people right now have a curiosity crisis
around me, there are really many people who don't know and doesn't want to know about Bitcoin even though they work in IT companies

Bitcoin is only for those who have a "growth mindset" while those who are not interested in Bitcoin are just a "fixed mindset"
your mouth will be tired of explaining to them what Bitcoin is when their conscience is not interested in Bitcoin at all
they don't want to know maybe they have their own reasons maybe they don't believe in bitcoin so they don't have a sense to know bitcoin more deeply, or they are too busy with their daily work so knowing bitcoin for them is just a waste of time.

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July 12, 2021, 07:30:38 AM
 #273

Where do you guys live? In the US, I would say 95% of people have already heard about bitcoin. Many of them might not have an in-depth knowledge of it or invest in it, but they have at least heard of it before. Particularly earlier in the year during the Elon pump, even going to local restaurant, there would always be at least one table talking about bitcoin or doge.
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July 12, 2021, 09:18:27 AM
 #274

they don't believe in bitcoin so they don't have a sense to know bitcoin more deeply
This is what mostly happened, people don't believe in Bitcoin because they heard only FUDs about Bitcoin. So, finally they are worried and not interested to buy Bitcoin as a digital asset. We must help them to know the truth about Bitcoin, explaining to them the advantages of being Bitcoin holders. Tell them how to invest properly in Bitcoin and some true successful history about Bitcoin holders. This good information may lead them to trust a bit and gradually interested in buying Bitcoin.
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July 12, 2021, 01:50:20 PM
 #275

they don't believe in bitcoin so they don't have a sense to know bitcoin more deeply
This is what mostly happened, people don't believe in Bitcoin because they heard only FUDs about Bitcoin. So, finally they are worried and not interested to buy Bitcoin as a digital asset. We must help them to know the truth about Bitcoin, explaining to them the advantages of being Bitcoin holders. Tell them how to invest properly in Bitcoin and some true successful history about Bitcoin holders. This good information may lead them to trust a bit and gradually interested in buying Bitcoin.

right, many stories from the experiences of people I say failed in the crypto world, where they seemed to give one-sided news. many of them do not have trading knowledge so that it scares others who want to know the world of trading. Therefore, balanced news is also needed, where this relatively difficult trade can actually be learned through the process

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July 12, 2021, 02:40:08 PM
 #276

Man in my own country Indonesia, some people even store their money under the bedroom!

yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? "

Yeah it's still more and more popular over here, but I can say, we are still early.
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July 12, 2021, 02:59:21 PM
 #277

Where do you guys live? In the US, I would say 95% of people have already heard about bitcoin. Many of them might not have an in-depth knowledge of it or invest in it, but they have at least heard of it before. Particularly earlier in the year during the Elon pump, even going to local restaurant, there would always be at least one table talking about bitcoin or doge.
It's also true as you said, my friend, if in the US, in China there may be many who know and know bitcoin, but I think there are still many other countries that don't know bitcoin, such as Indonesia, it can be said that only 30% are playing in the crypto world, and the rest they don't know bitcoin, some are still afraid to play in the crypto world..
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July 12, 2021, 03:34:25 PM
 #278

Speaking of the share on your post, I also had a similar case, they asked me what this is, how can I sell it for cash, how can I trade, sometimes I don't even know how to explain it to them? better understand BTC, especially the elderly, they do not have much contact with current internet technology, they are really old-fashioned and do not know anything about technology.

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July 12, 2021, 04:07:58 PM
 #279

No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing.
Some people don't believe in Bitcoin, they see it as a waste of time, and others believe is a scam. While some people have not heard of bitcoin. But as you stated, Bitcoin popularity are growing everyday. But, i think it will be helpful, if we try and teach people what Bitcoin actually is. How it operate, and the benefits of investing in it.



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July 12, 2021, 05:19:43 PM
 #280

No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing.
Some people don't believe in Bitcoin, they see it as a waste of time, and others believe is a scam. While some people have not heard of bitcoin. But as you stated, Bitcoin popularity are growing everyday. But, i think it will be helpful, if we try and teach people what Bitcoin actually is. How it operate, and the benefits of investing in it.

Only teach those who are willing because for those who are not, you will receive a lot of opposing comments. Hard to explain if the person in front of you already formulated conclusions that are not founded. Ignorance usually is the reason why many people don't like bitcoin. And even us, if we don't know the subject it is hard to convince yourself about its existence. So if someone is willing to listen, then, let him know what you know.
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