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Author Topic: People still don't know about Bitcoin  (Read 5641 times)
awik p
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July 18, 2021, 02:32:31 PM
 #321

We cant say bitcoin is something new but for some areas and parts of world it is. There is no internet always, no proper news and education about crypto and main facts. Unfortunately many people have existential problems-food, wather or place to live. We dont think about it often. On the other side lack of knowlege is big risk and danger for newbies who want to invest.

Bitcoin was released 12 years ago, it's not exactly a new thing. But still very many people don't know about Bitcoin, maybe some people have
heard of it, but most still don't understand Bitcoin. There are still many places that do not have internet access, this is what makes many people
who ultimately do not get information about Bitcoin. Moreover, there are still many countries that reject Bitcoin, this is also a factor that makes
many people receive wrong information, because they think something the government refuses is a bad thing. It is very important for those of us
who already understand Bitcoin, help educate people around us who don't really understand Bitcoin. Little things we do by educating others
about Bitcoin, can have a big impact if done by many people.

The scope of information relies mostly with the internet and both of you are right,

Those who don't have internet are not aware with this investment currency while those who have and capable are still doubtful with
the way volatility really affecting the market. With said so, we still need to help the awareness  by sharing our knowledge that simple
act can deliver possible interest to more people around.
most people today are good friends with the internet, even to the countryside, many of them have smartphones, but indeed most of the older people are less able to keep up with the times, so not many of them understand bitcoin, let alone many beginners who fail due to lack of knowledge, so they give wrong information. Therefore, we must provide knowledge in a simple way so that it is easily accepted by most people

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July 18, 2021, 10:07:35 PM
 #322

Yea very true, and the reason behind it is that most persons takes internet means of making money as a means of scamming people and  secondly the Bitcoin knowledge is something they cant really comprehend and for some due to the fact that they cannot  touch money see what they are yet to pay for
Secondly too the knowledge of Bitcoin  is broad in terms of how to fully convince any person who is a novide .
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July 18, 2021, 10:43:48 PM
 #323

We cant say bitcoin is something new but for some areas and parts of world it is. There is no internet always, no proper news and education about crypto and main facts. Unfortunately many people have existential problems-food, wather or place to live. We dont think about it often. On the other side lack of knowlege is big risk and danger for newbies who want to invest.

Bitcoin was released 12 years ago, it's not exactly a new thing. But still very many people don't know about Bitcoin, maybe some people have
heard of it, but most still don't understand Bitcoin. There are still many places that do not have internet access, this is what makes many people
who ultimately do not get information about Bitcoin. Moreover, there are still many countries that reject Bitcoin, this is also a factor that makes
many people receive wrong information, because they think something the government refuses is a bad thing. It is very important for those of us
who already understand Bitcoin, help educate people around us who don't really understand Bitcoin. Little things we do by educating others
about Bitcoin, can have a big impact if done by many people.

The scope of information relies mostly with the internet and both of you are right,

Those who don't have internet are not aware with this investment currency while those who have and capable are still doubtful with
the way volatility really affecting the market. With said so, we still need to help the awareness  by sharing our knowledge that simple
act can deliver possible interest to more people around.

I guess a lot of people simply don't have money they can afford to lose either. Especially when you come from a poorer country, and we know there are a lot of people who are pretty poor, they are definitely afraid to put something on the line they might need a month or two later. Those who don't even have internet will more than likely not have spare cash to be put into highly volatile assets.

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July 18, 2021, 11:19:05 PM
 #324

Even my family members also do not know what is bitcoin or cryptocurrencies.
Don't be so surprised, you are not alone. Many of my family members also don't know what Bitcoin or crypto is. They never read about it or even never heard about it before. Bitcoin or altcoin is legal as a digital asset in my country but it is not really popular. So, the news about Bitcoin or altcoin rarely appears on our national TV program, newspaper, magazine, or the like. Because of this, many people in my country don't about it.


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July 18, 2021, 11:35:04 PM
 #325

Even my family members also do not know what is bitcoin or cryptocurrencies.
Don't be so surprised, you are not alone. Many of my family members also don't know what Bitcoin or crypto is. They never read about it or even never heard about it before. Bitcoin or altcoin is legal as a digital asset in my country but it is not really popular. So, the news about Bitcoin or altcoin rarely appears on our national TV program, newspaper, magazine, or the like. Because of this, many people in my country don't about it.


Same case, they don't know anything about bitcoin because they aren't really techy enough to have some idea about it. Even bitcoin was being broadcasted in the public from national tv, i think they will just forget about it and will not caught their attention. It's really hard for them to believe that this kind of technology exist nowadays.
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July 19, 2021, 12:33:04 AM
 #326

Even my family members also do not know what is bitcoin or cryptocurrencies.
Don't be so surprised, you are not alone. Many of my family members also don't know what Bitcoin or crypto is. They never read about it or even never heard about it before. Bitcoin or altcoin is legal as a digital asset in my country but it is not really popular. So, the news about Bitcoin or altcoin rarely appears on our national TV program, newspaper, magazine, or the like. Because of this, many people in my country don't about it.


I did not know about Bitcoin before also,untill my friend started talking about it.I had to make research on it to know it in detail,and uptill now,most of my friends are still novice about Bitcoin.It is not easy to know about it unless you get close to someone that knows about it.
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July 19, 2021, 01:43:13 AM
 #327

Even my family members also do not know what is bitcoin or cryptocurrencies.
Don't be so surprised, you are not alone. Many of my family members also don't know what Bitcoin or crypto is. They never read about it or even never heard about it before. Bitcoin or altcoin is legal as a digital asset in my country but it is not really popular. So, the news about Bitcoin or altcoin rarely appears on our national TV program, newspaper, magazine, or the like. Because of this, many people in my country don't about it.


I did not know about Bitcoin before also,untill my friend started talking about it.I had to make research on it to know it in detail,and uptill now,most of my friends are still novice about Bitcoin.It is not easy to know about it unless you get close to someone that knows about it.
Approaching friends or people who really know about bitcoin is a good step because they know very well and have been involved for a long time, like the first time I got to know bitcoin from some of my friends who have known bitcoin for a long time and rank high above me.
In the past bitcoin was not widely known and only for certain people, unlike nowadays there are a lot of bitcoin advertisements on social media and the internet, it is easy to recognize bitcoin, it's just that they want to continue to be able to recognize it further. deep and ask for learning from seniors or experts to make it easier to understand well.

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July 19, 2021, 02:13:37 AM
 #328

in my country until a few years ago it was difficult to go out and talk about bitcoin and someone say they know bitcoin, but nowadays the situation is completely different, many people know bitcoin and altcoin, many people in my country buy bitcoin to trade and hodl and a lot of people from my country do altcoin mining. I was surprised with this great evolution that is having in my country in the sense of bitcoin being more popular in my country

I did not know about Bitcoin before also,untill my friend started talking about it.I had to make research on it to know it in detail,and uptill now,most of my friends are still novice about Bitcoin.It is not easy to know about it unless you get close to someone that knows about it.

bitcoin is constantly on TV channels and news papers, and it's hard for anyone not to know about bitcoin these days unless you're someone who hasn't read news on news sites or doesn't follow economic news

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July 19, 2021, 05:19:17 AM
 #329

Even my family members also do not know what is bitcoin or cryptocurrencies. They think this is  true . So when I told them about this they didnot believe it . I think when bitcoin cross within;Some years when btc will cross $100000  every singlele people will know aboen person will know about it
My family members also don't believe cryptocurrencies because they think only money can be earn by hard labor . They think cryptocurrency has no basis and it's an air thinner assets and if it's losses that can't be recovered anyhow.
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July 19, 2021, 05:27:15 AM
 #330

Even my family members also do not know what is bitcoin or cryptocurrencies. They think this is  true . So when I told them about this they didnot believe it . I think when bitcoin cross within;Some years when btc will cross $100000  every singlele people will know aboen person will know about it
My family members also don't believe cryptocurrencies because they think only money can be earn by hard labor . They think cryptocurrency has no basis and it's an air thinner assets and if it's losses that can't be recovered anyhow.
try to give a simpler explanation so your family can understand.
but to explain to easier people seems easier than explaining to parents. especially for those who use social media. it's easier for them to know because bitcoin this year is growing quite well with news in many media.
Underlying it all is some people's fear of getting to know something new. because what they know, such as fiat or assets in the real world, has tangible benefits. while telling how bitcoin is a digital currency, I don't think it's enough for their initial knowledge.



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July 19, 2021, 05:52:12 AM
 #331

it is not that they don't know but they don't understand because the government is Lacking of exposure and don't wanna push people to ;like bitcoin .

Because if only each government will make people understand and learn what is this?

I'm sure people will also like and may use this for their own benefits in the future.
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July 19, 2021, 06:44:02 AM
 #332

it is not that they don't know but they don't understand because the government is Lacking of exposure and don't wanna push people to ;like bitcoin .

Because if only each government will make people understand and learn what is this?

I'm sure people will also like and may use this for their own benefits in the future.
back again to the legality that has not been given from the government, where there is no official statement that stimulates their curiosity about bitcoin. just imagine like elsalvador, of course there will be more bitcoiners there, because the role of the government is very meaningful, maybe if there will be many other countries following it it is possible bitcoiners around the world will increase

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July 19, 2021, 11:47:18 PM
 #333

Bitcoin was released 12 years ago, it's not exactly a new thing. But still very many people don't know about Bitcoin, maybe some people have
heard of it, but most still don't understand Bitcoin. There are still many places that do not have internet access, this is what makes many people
who ultimately do not get information about Bitcoin. Moreover, there are still many countries that reject Bitcoin, this is also a factor that makes
many people receive wrong information, because they think something the government refuses is a bad thing. It is very important for those of us
who already understand Bitcoin, help educate people around us who don't really understand Bitcoin. Little things we do by educating others
about Bitcoin, can have a big impact if done by many people.
The scope of information relies mostly with the internet and both of you are right,

Those who don't have internet are not aware with this investment currency while those who have and capable are still doubtful with
the way volatility really affecting the market. With said so, we still need to help the awareness  by sharing our knowledge that simple
act can deliver possible interest to more people around.
I guess a lot of people simply don't have money they can afford to lose either. Especially when you come from a poorer country, and we know there are a lot of people who are pretty poor, they are definitely afraid to put something on the line they might need a month or two later. Those who don't even have internet will more than likely not have spare cash to be put into highly volatile assets.

With the current economic situation due to a prolonged pandemic, some people do not have extra money. Even for poor countries, they do not
have money to meet their daily needs and expect direct assistance from the government. So I believe poor people will not think about investing
in Bitcoin, even if poor people have money, they will not buy Bitcoin. Because they will definitely need the money in the near future. Especially
for people who do not have internet access, will not be interested in investing in Bitcoin, because they will not invest in something they do not know.

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July 20, 2021, 01:23:18 AM
 #334

Bitcoin is a modern new technology, it has not been known to everyone. Some countries have cracked down on banning the use of Bitcoin, and will not broadcast news about Bitcoin, and people do not have extensive channels to learn about it. Even though most people have heard of Bitcoin, they even have basic knowledge and meaning of Bitcoin. Cryptocurrencies like Bitcoin is not widely used in daily life, and many people are not very interested in it.
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July 20, 2021, 04:22:35 PM
 #335

Yes, yet most of the people don't know about bitcoin.But we all should know about it.Bitcoin is a very good cryptocurrency.In future cryptocurrency will lead the world.So we should know cryptocurrency and Btc.
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July 20, 2021, 04:26:31 PM
 #336

There are a lot of people in my country when I talk about BTC they ask me what it is and how it's just an unreal money that can be exchanged for money and paid for essential food. so many surprising questions that it makes me laugh when a society in 2021 looks like primitive people.

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July 20, 2021, 08:01:51 PM
 #337

Bitcoin was released 12 years ago, it's not exactly a new thing. But still very many people don't know about Bitcoin, maybe some people have
heard of it, but most still don't understand Bitcoin. There are still many places that do not have internet access, this is what makes many people
who ultimately do not get information about Bitcoin. Moreover, there are still many countries that reject Bitcoin, this is also a factor that makes
many people receive wrong information, because they think something the government refuses is a bad thing. It is very important for those of us
who already understand Bitcoin, help educate people around us who don't really understand Bitcoin. Little things we do by educating others
about Bitcoin, can have a big impact if done by many people.
The scope of information relies mostly with the internet and both of you are right,

Those who don't have internet are not aware with this investment currency while those who have and capable are still doubtful with
the way volatility really affecting the market. With said so, we still need to help the awareness  by sharing our knowledge that simple
act can deliver possible interest to more people around.
I guess a lot of people simply don't have money they can afford to lose either. Especially when you come from a poorer country, and we know there are a lot of people who are pretty poor, they are definitely afraid to put something on the line they might need a month or two later. Those who don't even have internet will more than likely not have spare cash to be put into highly volatile assets.

With the current economic situation due to a prolonged pandemic, some people do not have extra money. Even for poor countries, they do not
have money to meet their daily needs and expect direct assistance from the government. So I believe poor people will not think about investing
in Bitcoin, even if poor people have money, they will not buy Bitcoin. Because they will definitely need the money in the near future. Especially
for people who do not have internet access, will not be interested in investing in Bitcoin, because they will not invest in something they do not know.


That's why I think it is wrong to believe that more money will go into Bitcoin during a crisis. I think the opposite is true. If people have disposable income and the freedom of choice where to invest it, Bitcoin would benefit a lot. The richer the world becomes, the richer Bitcoin holders become.

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July 20, 2021, 11:10:26 PM
 #338

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 would say almost the whole world does not know bitcoin yet, many of those who have heard of bitcoin are not interested and  just few  people use it otherwise bitcoin would have cost 1 million dollars today not 30K dollars . We have to wait  maybe many more people will use it in the future!
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July 20, 2021, 11:29:20 PM
Last edit: July 21, 2021, 03:07:28 AM by ChaoChibai
 #339

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?

Me too, I am absolutely in your condition too. There are so many my friends or relatives who doesn't know about bitcoin. When I was talking about bitcoin they ask me what it is and I have to explained it to them. In the end, some of my friends also invest to bitcoin and right now the situation isn't good so most of my friends blame me because i told him to invest, so it give me lesson to not told my friend to invest on something.

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July 21, 2021, 01:41:52 AM
 #340

usually they know by aloud from the media, the media today all already know bitcoin, and easily to introduce it to everyone, even in my environment now they know about bitcoin and some of them still play here now.

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