People still don't know about Bitcoin

[#dhabitamartha]

bitcoin is popular but sometimes when I give someone an understanding, they just ask what is the benefit of bitcoin, how to use it? Bitcoin is crypto money that can only be used on the internet but can make money in the exchange and sale of shares, I have to explain in more detail sometimes they need authentic proof when I can give examples, and I have to provide a lot of information and risks. whatever will happen.

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[Zanab247]

Yes, because they are use to fiat money in the country that is why they are finding it difficult to understand bitcoin in the country. Such people who don't still know bitcoin are those people who live in a country where bitcoin is not legalized.

[Inspiron14]

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.

That's right, Bitcoin just takes time to get popular in the world, and now Bitcoin is doing it slowly,
mass adoption continues, paypal recently made it curious that they added crypto currency on their platform,
of course this is good for the popularity of bitcoin.

[Sled]

bitcoin is popular but sometimes when I give someone an understanding, they just ask what is the benefit of bitcoin, how to use it? Bitcoin is crypto money that can only be used on the internet but can make money in the exchange and sale of shares, I have to explain in more detail sometimes they need authentic proof when I can give examples, and I have to provide a lot of information and risks. whatever will happen.

That is because they are still in the doubts. People like this want to see it physically and only they believe when you can show it to them and when they can see it to you. You can't make them understand and you are just wasting your time for them helping to know Bitcoin and explaining its purpose. Let them make themselves to discover it.

[lienfaye]

This is not unusual. Many countries still dont recognize bitcoin and other cryptocurrencies, the reason why it is not popular and people are not aware of their existence.

The same goes here, I only have 2 friends who knows about bitcoin. But if you ask other people about bitcoin its either they are clueless or knows about it only as scam based on the news that they saw on tv and not taking time to research if its true.

If the government recognize bitcoin and implemented full adoption then its the start for bitcoin to be known widely. However this is uncertain since bitcoin is decentralized that they cant control.

[CODE200]

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.

That's right, Bitcoin just takes time to get popular in the world, and now Bitcoin is doing it slowly,
mass adoption continues, paypal recently made it curious that they added crypto currency on their platform,
of course this is good for the popularity of bitcoin.

I think adoption of this technology does not work on that way. Knowing this technology does not determine that an individual is adapting the use of Bitcoin as a currency, likewise with governments. Indeed it is still in progress for over a decade.. Many people are now knowing the existence of the technology but as I've said, there's only a portion who are actually using it. So the question should be asked is "Will it be enough for an individual to just be aware of this technology?"

[kayvie]

There is nothing to be surprised about that. It is expected to know that there are still people who do not know about bitcoin because it is not legalized yet in every part of the world. Aside from that, there are some countries that prohibit their people to use bitcoin, in this case, it will limit the people to use and spread the word or even know and research about bitcoin.

[FlightyPouch]

I told this a lot of times since I am living in a province where people don't know about bitcoin. People may know it but it is either they look at it as a scam or they don't have any idea how to use it and don't want to be a part of it. There are some that approached me not because I am using it but because people knew I am earning from it.

[concept2]

Not many people understand or even know about bitcoin in my country. It is not a shame at all. Bitcoin is an invention for future and since they live in the current time, they dont eant to waste their time learning new things.

My solution: dont talk about bitcoin infront of them.

[idrisalomagold]

People dont know it yet because only people in the bitcointalk aside from investors are capable of doing research about it.

Anyways, we are not yet on the mainstream adoption that is why few people do not have the slightest idea what is bitcoin. But that doesn't mean it can affect bitcoin especially in its price action.

[matchi2011]

There is nothing to be surprised about that. It is expected to know that there are still people who do not know about bitcoin because it is not legalized yet in every part of the world. Aside from that, there are some countries that prohibit their people to use bitcoin, in this case, it will limit the people to use and spread the word or even know and research about bitcoin.

It's not surprising as there are still lots of places where technology like internet services is not yet being leanred. How would they
will know this new system if there's o internet service yet.

Even there are already adoptions that take place from big known businesses it's isn't enough to reached all places of the world,
maybe in the next 5-10 years chances that wide adoptions will take place.

[Swopon]

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?

Is it really a problem? It's very common that everyone will not get the proper access to know everything. You don't know everything. By this way, cryptocurrency is still a new thing to those where it is not legalized and prohibited by government. Education system is also responsible for this. After all, it is not surprising to me to face such situation.

[NavI_027]

Dude don't worry, you are not alone . I'm pretty sure that most of us here are feeling like the way you do and as well as struggling on finding someone who can relate to unto us. But may I know first, on what country do you reside? I ask because maybe the crypto adoption there is wider and it just so happened that you are unfortunate to meet people having the same interest. Try to roam further. But well, if you came from a third world country like me then I can't blame you lol. It's really rare to find a fellow crypto enthusiast. And in my perspective, the reason behind all of this are the cause and effects of poverty. Our government tend to give more focus first on giving solutions regarding corruption, crimes, food shortages, transportation problems. Digitalisation/Modernization is the least priority.

[Gemini24]

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 don't see any problem with that. I'm not surprised because bitcoin is still not recognized by the government the reason why there are still more people didn't pay attention to it, there are people already know that bitcoin really exists but they choose to ignore it. Here in the place where i live, almost 5 percent of us are using bitcoin or any cryptocurrency, the rest are still not interested even though we have been tried so many times to explain to them how does it works.

[Lorence.xD]

Dude don't worry, you are not alone . I'm pretty sure that most of us here are feeling like the way you do and as well as struggling on finding someone who can relate to unto us. But may I know first, on what country do you reside? I ask because maybe the crypto adoption there is wider and it just so happened that you are unfortunate to meet people having the same interest. Try to roam further. But well, if you came from a third world country like me then I can't blame you lol. It's really rare to find a fellow crypto enthusiast. And in my perspective, the reason behind all of this are the cause and effects of poverty. Our government tend to give more focus first on giving solutions regarding corruption, crimes, food shortages, transportation problems. Digitalisation/Modernization is the least priority.

Well, to be honest, it doesn't matter that only few knows about bitcoin, it is still not mainstream and media outlets love to shit on bitcoin whenever they can because that is the news story that sells, not to mention some countries including mine does not pay attention so much about bitcoin, like any corrupt third world country, they are busy with tug of war for power. I feel bad that modernization is the least because I believe that if this were the priority, countries will benefit and prosper more rather than maintaining archaic system that benefits the few.

[Shallow]

Don't be surprised but it is normal and just as it is in your location, that's also how it is in some other locations, although the number can vary. One thing you should understand is, Bitcoin is making progress and it's growing as well,  to further understand this, the number of people who knew about Bitcoin when it was created was far smaller, many didn't even believed in it, but today the number has increased massively while the number of people who believes in it, is now higher. In your location, it might look like many won't come to know about it, but gradually they will because the more they come across it, the more they get inquisitive and the more they start coming in.
Every location or country experienced it at one point in time before many people get to join in, in addition, I would encourage you that at every given opportunity, endeavour to educate them well on what Bitcoin is all about, how to get started as well as stating the risks involved; this is very important.

[samputin]

People dont know it yet because only people in the bitcointalk aside from investors are capable of doing research about it.

Anyways, we are not yet on the mainstream adoption that is why few people do not have the slightest idea what is bitcoin. But that doesn't mean it can affect bitcoin especially in its price action.

Well, I think so too. I think it's normal and I think that's okay. Many people really don't know about it yet and most probably it's because of lack of knowledge. However, it's not that big of a problem. It would be if it's affecting bitcoin badly. But I don't think it's not. So let's just continue what we're doing and as time goes by, many people will surely know it. We'll still get there.

[Salauddin1994]

The reason people still don't know about bitcoin is not yet legalized in their country and they have no idea about bitcoin they would have used bitcoin if they had known about the use of bitcoin even if it was not legal the main feature of bitcoin is privacy. That means you can work in such a way that no one will recognize you even if you are born and the advantage of this is that you don't have to be an adult to use it abroad so many children earn pocket money by working at bitcoin. Those who don't know anything about bitcoin have a lot to know and learn about bitcoin.

[dizzy1996]

To be honest, this is not strange, because many countries are really skeptical about Bitcoin, and many often think that Bitcoin is a fraud and this is, of course, very bad that simply the lack of awareness of people and the lack of desire of local authorities to show the possibilities of cryptocurrencies lead to such deicussions

[Tingtong]

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?

Yep,  i agree with you. Many people of societies or countries do not know about bitcoin. That's because of his/her country system or not qualified.The government of every country should be informed about this for know it. And i can say that everyone should be interested to know about bitcoin.