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Author Topic: People still don't know about Bitcoin  (Read 5641 times)
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January 10, 2021, 07:52:49 PM
 #201

There is nothing surprising here. It’s true that a lot of people are addicted to bitcoin now but there are still some people who don’t know things about crypto. There are still many people who do not know much about the Internet. As a result, they have no qualms about Bitcoin. Presumably, there are more people who do not know things about crypto than those who do.

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January 10, 2021, 08:27:25 PM
 #202

I also facing same situation . People are also unknown about bitcoin in our country,. They even can't believe someone can earn through it intertnet.only few youth knows about bitcoin.in my country bitcoin is illegal so how can it be so how can people will know about btc
yes only a handful of people who know about bitcoin, know about investing and trading. However, their bitcoin knowledge is only Bitcoin as a digital currency that is able to break the $ 40,000 price this year. They only know that. For our more specific knowledge, this forum is still a step further.
Many countries have not legalized bitcoin, that is because the Bitcoin digital currency still has a high risk with great votality.
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January 11, 2021, 01:14:56 PM
 #203

the same as in my country. there are still a lot of people who don't know about bitcoin or digital currency or the like. That's because not all people in my country know or understand the digital world. all they know is the internet, limited to social media, not currency for investment or the like. maybe this problem is almost the same in every country, because bitcoin is intangible, maybe people who don't know about bitcoin also think bitcoin is a fraud.
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January 11, 2021, 01:31:15 PM
 #204

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?

Same situation here in my country and this is why I firmly believe that Bitcoin will never replace fiat currency. The popularity of Bitcoin and the crypto currency trading awareness are already reach high our country but still only 49% of them joined the investment due to perceived risks mentality from these digital assets which make them to not to join the investment.




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January 11, 2021, 02:32:26 PM
 #205

The situation is the same in my country, maybe in big cities many people understand what bitcoin and other crypto are, but if the area where I live is very minimal people know what bitcoin is, but that's not surprising because every human being thinks differently about making money and advantage

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January 11, 2021, 02:45:29 PM
 #206

Sure. Many people on earth don't have a PC, so what ?

There would be many who still do not know about it even if they happen to be literate. But, after 2017 there has being a huge spike who has suddenly started to show interest in bitcoin could be because they now know about it and in 2021 it could just get bigger because after 2017 now they have more chance to believe that it can even cross 2017 and also cross 40k so this means the upside is huge in it.

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January 11, 2021, 03:15:14 PM
 #207

I've also got questions about whether it's bitcoin. A few years earlier I had made about $800 from the bounty. I didn't have a real job at the time. My brother asked me where to get the money from. He knows I don't have a job. And I explained about the bitcoin forum. I told you that from bitcoin can make money like the bounty in bitcoin.

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January 11, 2021, 03:23:56 PM
 #208

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?

as people in my country who do not understand about technology just say "it is a bubble" in fact they just guess without doing any research first until the moment bitcoin touches $40k some of them are currently starting to study bitcoin to earn passif income.

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January 12, 2021, 12:24:01 AM
 #209

The same situation in my country...im not exagerate if a said that 90 of the peoples over 40 years old dont know anything about bitcoin and blokchain and this not mean that the bitcoin is familiar among the young people but there is many people from the new generation know about it
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January 12, 2021, 10:44:45 AM
 #210

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?


As a local citizens how thus bitcoin stand in our societies
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January 12, 2021, 11:08:05 AM
 #211

Why do you think people not knowing about bitcoin is a problem? I am not really sure about your motive in letting people know I mean you seriously want everybody in the village to know about bitcoin and cryptocurrency? Why? Is it because you believe in something that crypto can possibly offer to these people? In my opinion, let the natural progression of things happen and just leave it be. If people don't want to participate even if they heard of it, then let them be. Don't become a preacher of Bitcoin, if you do then possibly someone will be more richer than you.

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January 12, 2021, 12:20:51 PM
 #212

How much there is who face this problem?
Yeah, it is experienced by every crypto enthusiast. For many people, it is a "price ball" that financial people play with. If we put aside the technical part, Bitcoin is freedom of money and freedom from governments. Decentralized payments system that owned by regular people. There will not be an end to these question until cryptocurrencies become obligatory in schools Smiley

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January 13, 2021, 02:18:36 AM
 #213

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?

Mostly of those people were the ones who are not using the internet but it can be for those who were not interested too. In my place not all of  them knows bitcoins and how it is being used because they had low to no chance of having it known due to poverty or such social tier were a big obstacle on having knowledge on bitcoins making them uninterested in the process.



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January 13, 2021, 02:37:48 AM
 #214

When talking about the price of bitcoin with friends, friends will ask whether the principle is the same as that of stocks? He doesn't know that he is a digital currency with decentralized blockchain technology. Most people still pay attention to his price and don't study his emergence and history
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January 13, 2021, 10:10:53 AM
 #215

people only know the name bitcoin and do not know the use of bitcoin and how to get bitcoin in my country bitcoin is not foreign to hearing and many people say bitcoin but they are not interested in investing in bitcoin.

They are not interested as they don't know what the potentials may be.

If they only spare their time finding deeper knowledge about this system and the investment opportunities that it brings, this mentality from them will change, and for sure, they'll also spare their money hoping that they've been able to manage good manifestations to enjoy all the benefits.
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January 13, 2021, 10:40:26 AM
 #216

Of-course many people don't know about bitcoin because those that know about bitcoin very well don't educate others. Some sees it as private business.
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January 13, 2021, 10:57:40 AM
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 #217

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?

Don't be surprised if you realize a lot of people have zero knowledge of what Bitcoin and cryptocurrencies are. You should understand that the media do not really preach Bitcoin and cryptocurrencies to the general public, so it will be very difficult for people to have a good amount of information about the existence of the crypto ecosystem.  It is estimated that less than 1% of the entire population of the world know what bitcoin and cryptocurrencies are. And out of this estimation, 50% invest and use bitcoin and cryptocurrency.  But there is hope for the entire cryptocurrency ecosystem since the world is gradually getting to know this ecosystem as days and years pass by.
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January 13, 2021, 11:59:11 AM
 #218

Exocrow is the best offering high return bitcoin savings account with a promotion now of 12% monthly return but very soon it will be back to 3.4% ( 40.8% annually ). This option nobody really has online to bring such returns for investors.  I am using https://exocrow.com/. You can also try and earn.
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January 13, 2021, 01:05:00 PM
 #219

people only know the name bitcoin and do not know the use of bitcoin and how to get bitcoin in my country bitcoin is not foreign to hearing and many people say bitcoin but they are not interested in investing in bitcoin.

It the person's choice if they want to invest in bitcoin or not. I am really baffled why this one is wondering why people still don't know it. I mean it not really that they don't know Bitcoin, but they simply chose to ignore it and not participate on it. I don't meddle with other peoples affairs and so should us. We don't force people to participate in Bitcoin, let them know it and make their own minds about it. Many people have heard of it and many chose to ignore it.

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Kid4U
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January 13, 2021, 01:28:21 PM
 #220

yeh you are right there are too many contries encluding my country where prople dont know about digital currency
 like bitcoin, ethereum and so on
i am really surprise and shock that most famous digital currency like bitcoin which has 34600$ price and they still dont know
about them. i am upset for them because when they come here to know about this they will be face alot of scams, problems and many more things
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