People still don't know about Bitcoin

[sayaya17]

There are only a few of my friends who know about bitcoin, and it’s also not entirely they really understand the benefits of bitcoin.
They just know that bitcoin can be for investment. But so far they could not make a profit from bitcoin. Because they think
it’s too complicated to learn bitcoin. They don’t have time to learn and understand what bitcoin means and how bitcoin performs.
They’re just focused on the field they’re working on right now.

[jerrison]

The global adoption of bitcoin is still at its infact stage campaigns to create awareness are yet to be unveiled as no regulated institution has been vested the responsibility to sponsor the campaign sanctions from different financial institutions from different countries are also reasons why its yet to gain massive adoption

[AmoreJaz]

I’m not surprised with it. And I think it’s normal in all over the world. Because everyone wi not have knowledge in everything in this world. People learns new things all the time. So bitcoin is new thing to many people every day in this world. So, you have to understand it and make sure you teach them what really bitcoin and cryptocurrency is. I’m not saying to give them financial address, just give some information about bitcoin.

and the fact that the adoption is still small up until today. so you cant really expect that a lot of people will have the knowledge about btc or crypto. some may have heard it, but only at that point. they havent had the motivation to learn further about crypto. but i guess, with the integration of paypal, some of its users who are previously noncrypto users, will find time to study it. because without basic knowledge, some people will indeed see it as complicated. most of them actually dont know how to start.
i bet even within your family, maybe youre the only one who's into crypto.

[xanto]

It's amazing how those who heard about Bitcoin still think it's some kind of pyramid.
You can't educate everyone, but you can at least try to help your closest people understand it. They will be grateful one day.

[Kelvinid]

A thing that surely we can't deny it.
And probably the reasons are;

*no internet
*no interest (heard it already but just ignored due to the scamming effect)
*capability status ( especially for third world country)

We could say it was very unfortunate but the reality is that not all have been seeing Bitcoin as an opportunity, the same thing that not all people wanted to become a businessman. So this case is possible and it can be the same situation in the coming years.

[chanler]

Nothing to surprise, it is only a certain percentage of the people in this world to know about Bitcoin. Mostly, they don't know, don't care, or even don't want to know about it. Why? because they still do not know the worth of BTC, how it works, and also they are afraid of the negative issues, and also risks in BTC. However, you can help by spreading the good news, not telling the or promising to be rich, but you can show the way by learning deeply. However, so far, the development of people and industries knowing about cryptocurrency is actually increasing, there are many more people know about BTC and cryptos. But, still not many as what they are not involved.

[Vaskiy]

We have to understand if we encounter a lot of people who still have no idea what is bitcoin since it's still at the early stage of adoption. This is nothing new and it will still take time before we get to see more people know about bitcoin. Even if we are seeing news of bitcoin adoption, it's still not enough for other people to recognize it in certain areas. If you want to give an awareness op, then you can probably start by introducing what is bitcoin to some close people around you. But as I have said, it will take some time for bitcoin to be more known.

Just think of gold and fiat. They are all age old, and has reached this level through years and years of usage. With bitcoin, the usage is very small. Only after certain time period this will change, and the change will make a big impact on every market. Already it has grown, but in terms of real-time adoption it takes time. To determine the growth, bitcoin getting comparison to the history backed gold itself is enough.

[CryptopreneurBrainboss]

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?

In my region the sentiment are different, many people are aware of the currency but for the wrong reason. Many still think bitcoin is associated with ponzi scheme which is why many still call it a scam irrespective of the loud and different accomplished bitcoin has to her name. Of recent the government legalized it as a security and there are rumors of positive news coming in the future.

Bitcoin has done quite well for itself, in just 10/11 years of existing it has created a housename for itself. Many people are knowing about the currency daily. If your society is backwards, take it up on yourself to spread the gospel and who knows you might get rewarded in regards to the recognition as one of the early adoption of the currency in your region.

[goldade]

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?

I find it funny that you're surprised by this fact. You should know that as large as the bitcoin community is, it is still a very tiny percentage of the world's population. A large percentage of world's population have no knowledge whatsoever of what bitcoin is.
A much larger percentage, in fact, have the wrong knowledge of bitcoin. Many have associated bitcoin with Ponzi schemes and have believed it's nothing but a scam. These people are even harder to preach bitcoin to because they have a formed but perverse knowledge of it already unlike those who don't know at all.
I believe the bitcoin still has a long way to go in its mass adoption in the mainstream world and it can only be done when bitcoin users like you and I preach bitcoin.

[kuldipgajjar]

One of the main challenges to mainstream adoption I remember reading was that Bitcoin held a certain stigma because it was mostly used to buy drugs and illegal weapons online. But despite this and many other obstacles, the author attempted to convince his readers that Bitcoin was a good investment.

[Mr.sprin]

In what country do you live?
most countries already know bitcoin, only a few countries do not know bitcoin, maybe your country is one of them.
I even heard the news that there are countries that include bitcoin in schools and they discuss it and many countries have used bitcoin as a transaction tool, one of which is the United States. in my country bitcoin is familiar even though bitcoin transactions are invalid but people know that bitcoin can be exchanged for fiat.

[sulendra12]

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?

In here, they know what is "Bitcoin", but they don't know how to describe "Bitcoin". Confusing right?

This is why you have seen people shittalking about Bitcoin, such as "Bitcoin is a scam, Bitcoin is used for money laundering, bla bla bla" because they don't know shit and just following other people's opinion to make them look cool(or you can say them normies), if they talk shit about it then just move on and spit it onto their face. If they want to know more about Bitcoin, then we should tell them more so we are growing stronger

[imstillthebest]

In here, they know what is "Bitcoin", but they don't know how to describe "Bitcoin". Confusing right?

This is why you have seen people shittalking about Bitcoin, such as "Bitcoin is a scam, Bitcoin is used for money laundering, bla bla bla" because they don't know shit and just following other people's opinion to make them look cool(or you can say them normies), if they talk shit about it then just move on and spit it onto their face. If they want to know more about Bitcoin, then we should tell them more so we are growing stronger

bitcoin is confusing i agree . you dont know if its really an investment or a currency , thats okay if they are being confused that way but being confused in another way like they dont know if bitcoin was legit or a scam but thier conscience mostly say that it was a scam , thats not right anymore .

they dont know bitcoin but they act like as if they know it because the name bitcoin has recorded on thier head and they explain without a research to make them look cool , thats true.

[ILuckyGuyI]

There are too many people who have heard about Bitcoin but don't know what it really is. There is a good solution for this I think. If Bitcoin is educated as a lesson on universities etc. in most of the countries, I think it can be very beneficial. There are also online courses about Bitcoin too. Besides, when digital currencies replace fiat in the future, even people who are against cryptos are going to learn about cryptocurrencies to use it anyway.

[DarkDays]

It happens because most people are guided by mainstream media and in many cases only popular entertainment programs, what means these people don't watch news.

This is a major block to mainstream adoption of digital currency. The trouble is that majority of the 7bn people on Earth fall into that category where finance and fintech is not the topic they have an interest in.

They get feed of the news and if any news on TV was to cover crypto (I doubt there has been any) it would be negative and how it is unsafe, so automatically people start believing. It is a great problem but not one that can be resolved easily - time is crucial in helping to address this.

[pragna]

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?

In my country young generation knowing very speedily but middle age men or old aged men not knowing about it and i think they don't need to know instantly. I think gradually they will also know about this market. But i think to know anything at present time is very easy because internet is all over the world and anybody who wants to know deeply can get help from it. So nothing is problem right now.

thanks.

[Twentyonepaylots]

There are still some countries which bitcoin is not legalized that is making many of their citizens not to have any idea on digital currency in the country.

I think it's not a hindrance for someone who wants to know about anything, moreover if their country is against with bitcoin they are more likely to know and research about it due to curiosity that will strike their heads.

Many government are still seeing bitcoin as a scam currency  which is not centralized in the world that is making some country not to allow such currency in their country because the currency is not control by the government in the country.

Nah, I don't think "scam" is the reason why some governments are not into bitcoin, it is just that a precaution for them not to take any hype from what is on the trend. Besides, people are free to use any kind of currency they want if their country isn't that strict.

Bitcoin is well legalized in my country where you can eat and pay with bitcoin in any restaurant in the community without any question of paying with Bitcoin which everyone are use to in the country. Every citizens in the country are use to bitcoin investment which many people have use it to grow their businesse in the country.

Here too, I noticed a massive changes after 2017's overhype on cryptocurrencies with bitcoin reaching $20K. I can even pay with bitcoin in here, like electricity bills, water bills, etc. I hope there'll be more of crypto concepts ahead of us.

[SektorPiii]

Despite the fact that in 2020 the number of people investing in cryptocurrency increased by 200%, most people do not know about bitcoin,or do not trust it. I think it's just a matter of time, and there will be more of us.

[carlfebz2]

Despite the fact that in 2020 the number of people investing in cryptocurrency increased by 200%, most people do not know about bitcoin,or do not trust it. I think it's just a matter of time, and there will be more of us.

Where did you get those numbers? We cant really actually tell the precise number of increase on what we do have now on this year when it comes to awareness or adoption but

its pretty clear that it is way more than that we do have compared into those early years of bitcoins existence.Adoption is on another level now even though it isnt into its fullest

but now we are really getting some recognition now and that what really matter most.Sooner or later when bitcoin is really making up some noise then everybody
will surely be aware of its existence.

[Ridwan Fauzi]

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?

Now I don't care with that, there is no advantage to me for those who don't know bitcoin and other crypto currency. Because bitcoin is already popular, sooner or later they will know by themselve and find more information about it.

I always find a situation where I talk about bitcoin and they didn't know about it they always underistimate against. Unless, they ask me about bitcoin then I'll be pleasure to explain about it. Let them know bitcoin by themselve, yeah I believe there will be many people who will be interested to bitcoin in the future, it just the matter of time.