People still don't know about Bitcoin

[jinneas]

Cryptocurrency such as Bitcoin is a new technology, and the crypto market has not been fully adopted. Although Bitcoin is very popular, there are still many people who do not know or do not know what Bitcoin is, and it is difficult for ordinary people to understand and accept it. Due to the suppression and prohibition of the use of Bitcoin in some countries and restrictions on the use of Bitcoin transactions in the country where they are located, many people will think that Bitcoin is illegal, even people who know Bitcoin will not hype.

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1715200163

[DPrillio]

Cryptocurrency such as Bitcoin is a new technology, and the crypto market has not been fully adopted. Although Bitcoin is very popular, there are still many people who do not know or do not know what Bitcoin is, and it is difficult for ordinary people to understand and accept it. Due to the suppression and prohibition of the use of Bitcoin in some countries and restrictions on the use of Bitcoin transactions in the country where they are located, many people will think that Bitcoin is illegal, even people who know Bitcoin will not hype.

The popularity of cryptocurrency takes a big leap of the new generations to enjoy fast and hustle free digital transaction even those who are born in 80's and 90's are now adopting cryptocurrency as the way of living since in crypto like the most reputable coin the bitcoin is a big opportunity to gain more profit sooner or later.

[AakZaki]

Some of them are hard to believe in the existence of bitcoin because until now there are still people who think bitcoin is a bubble, I think this happens because the price of bitcoin is often manipulated, but I believe if they learn correctly, bitcoin has many benefits, not even a few people are helped economically.

Maybe they really don't want to know, even in my country maybe the people will call it gambling. Overall, maybe if we understand and use it well it will bring benefits. I have proven that, and now my life is getting better thanks to BTC. In addition, if we examine carefully in the future, the circulation of paper money will be less and less. This is because of advances in financial technology. Many experts have predicted this. Furthermore if they couldn't keep up then they would be left behind for the future.

[retreat]

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's ability to manage information is different so there are still many people out there who don't understand what Bitcoin is. I once saw a video on a campus in my country in which a lecturer was recorded saying Bitcoin is a gambling coin so it is haram, seeing the video I realized that there are really many people out there who are trying to spread negative news and spread false news about Bitcoin.

[worldofcoins]

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.

You saying we should know about BTC doesn't lead many to know about it magically.
If you want people to know about it then spread awareness regarding it through social communications, and allow it to multiply from there, and let people do their own research.
Also, let them know about this forum if they need authentic information about bitcoin, they can be sure here they'll find only authentic posts from reputable members.

[ik5656]

Many Country People Don't known BITCOIN or Crypto.its real but.on the another hand people already thinking cashless Economic system its part of bitcoin

[michaelpeters555]

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?

it is true that not everyone knows what bitcoin is, especially for the general public. As for some who know only bitcoin it's expensive and many think that only rich people can buy it. that's what I often find in some circles of the general public.

therefore we as people who are struggling in the world of cryptocurrency, it is time to provide insight to friends, neighbors and family. explains what bitcoin is, its purpose and benefits. and the advantages of investing in bitcoin.

so that gradually the understanding of the general public is no longer limited by just knowing the price, but in terms of the aspects of its benefits and uses for daily life and the future.

Hi guys, I kept asking, where can I buy a Bitmain Antminer DR5 (34Th) ?

My friend ordered from www.myminersworld.com , what do you know about the website?

[Hamphser]

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.

You saying we should know about BTC doesn't lead many to know about it magically.
If you want people to know about it then spread awareness regarding it through social communications, and allow it to multiply from there, and let people do their own research.
Also, let them know about this forum if they need authentic information about bitcoin, they can be sure here they'll find only authentic posts from reputable members.

It wouldnt really be instant if we are really talking about global adoption because not every corner of the world would be reached out by internet and also it would really be

also mattering with someones mindset because there are people who cant really just able to understand things and do leave out normally when they do see it to be complicated.

Although, adoption is on the move and we are really gaining some attention now and comparing the level in the past then we are really seeing some progress as of this moment.

Knowing bitcoin or crypto as a whole would really be an opportunity to someone.

[livingfree]

in my country too many people are the same, they don't know bitcoin and even they think bitcoin is a system for gambling. I'm thinking how to educate them so they can understand the real bitcoin and can think positively about bitcoin

There are steps that you can do. Making your own social media page, making a youtube channel which for sure will hit the demographic and algorithm of the system through your countrymen.

With those little steps, those people that think bitcoin is only for gambling, they will eventually understand that it can be used for almost every purchase and transaction, the same as fiat.

[Wawa2013]

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.

Seeing this fact, for now, most of the people who invest in Bitcoin are rich people, who want to save their wealth. Because the rich know that
the government is in a crisis situation like now, it needs printing money in large quantities, as a result there will be hyperinflation. That's why
rich people choose Bitcoin, because it's proven to be unaffected by inflation. While the poor will remain poor, because their income is not enough
to buy Bitcoin. Therefore I take many side jobs, even though I already have a permanent job. This is because the salary I get from a regular job is
only enough to meet my daily needs and pay off my debts. While the income I get from a side job, I can buy Bitcoin.

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 too many people are the same, they don't know bitcoin and even they think bitcoin is a system for gambling. I'm thinking how to educate them so they can understand the real bitcoin and can think positively about bitcoin

Because there are still many countries that do not support Bitcoin, most of the population does not get much information about Bitcoin. So it is very
natural that there are still many people who do not know Bitcoin, even in my country the local media gives a lot of wrong information about
Bitcoin. Therefore we who already understand about Bitcoin, at least educate the people around us first. So that more and more people know Bitcoin.

[nhaila]

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 too many people are the same, they don't know bitcoin and even they think bitcoin is a system for gambling. I'm thinking how to educate them so they can understand the real bitcoin and can think positively about bitcoin

Not only your country's people but also mine country people. They don't believe cryptocurrencies at all even they believe paper money and reserved it under his bedroom. Hahaha...

[temple]

Some of them are hard to believe in the existence of bitcoin because until now there are still people who think bitcoin is a bubble, I think this happens because the price of bitcoin is often manipulated, but I believe if they learn correctly, bitcoin has many benefits, not even a few people are helped economically.

Maybe they really don't want to know, even in my country maybe the people will call it gambling. Overall, maybe if we understand and use it well it will bring benefits. I have proven that, and now my life is getting better thanks to BTC. In addition, if we examine carefully in the future, the circulation of paper money will be less and less. This is because of advances in financial technology. Many experts have predicted this. Furthermore if they couldn't keep up then they would be left behind for the future.

Yes but we should indeed examine carefully what it does to us if we have no paper money anymore and if it is all digital and traceable. Paper money's best function was its privacy and anonymity. You take $500 from your bank account and just pay in cash all the time and nobody ever knows where, when and what you bought. Once paper money is completely gone, people may realize how important those characteristics of it actually used to be.

[numberslacey]

I agree many don't and I feel it is due to lack of global acceptance. Most of the countries recently have bitcoin and other cryptocurrency which have caused a frenzy among the enthusiasts

[Mistafreeze]

Bitcoin is just about 11 year in existence, so we shouldn't expect everyone to know about it especially in a country that has limited access to the internet and low exposure to things happening around the world. Cryptocurrency is still spreading with time and more persons are still going to know about it in less than no time. Some people in the developing countries or under develp are very much with high percentage of being ignorant about it.

Many individuals still don't believe in online investment due to their past experience or news that had been flying around about how dangerous Bitcoin can be since it's has some level of privacy which can be difficult to track. With the nature of risk that are imbedded in cryptocurrency, many still see no reason of taking such adventure that could be detrimental as some level, creating discouragement and disappointment to people that might be interested in it.

[v3liana]

Bitcoin is just about 11 year in existence, so we shouldn't expect everyone to know about it especially in a country that has limited access to the internet and low exposure to things happening around the world. Cryptocurrency is still spreading with time and more persons are still going to know about it in less than no time. Some people in the developing countries or under develp are very much with high percentage of being ignorant about it.

Many individuals still don't believe in online investment due to their past experience or news that had been flying around about how dangerous Bitcoin can be since it's has some level of privacy which can be difficult to track. With the nature of risk that are imbedded in cryptocurrency, many still see no reason of taking such adventure that could be detrimental as some level, creating discouragement and disappointment to people that might be interested in it.

Agree with you for those people who don't have access to the internet i think it's normal for them to don't know about bitcoin, in my country there still many people don't know about bitcoin especially for those people who has age in range (40+).

Bitcoin is very popular on range age 20-40 because at that age there still productive and want to be rich instantly and they think bitcoin is the key to reach their dreams.

[Mr.sprin]

I agree that a lot of people between their 20s and 40s understand bitcoin and digital currency investing. Parents over the age of 50 are more likely to believe in real-world investments such as restaurants, food businesses, or clothing sales.

[bakasabo]

My parents still know little about Bitcoin and cryptocurrency.

Once I've made a mistake, giving a wrong example of Bitcoin usage. When we were discussing some technical stuff with my father, I've told him that he should get a separate notebook for car diagnostics programs and other programs and dont install everything on his notebook he uses for work. I've told him how hackers got into someone's PC, lock it and extort money for unlocking. They ask money to be send in Bitcoin or crypto, as it will allow them to stay anonymous.

He thinks now that Bitcoin is used for bad deeds and is a pyramid. 

[raiblock]

There are about 7.6 Billion people on the planet and a recent survey showed that 9% of the world's population own Bitcoin. But the awareness of Bitcoin is strong across all age groups. Almost 50% people hared the name Bitcoin but even a smaller percentage of those that actually know what it is or how it works.

As people become more familiar with Bitcoin do they think of it more positively or negatively? that's the question.

[kakonlin]

There used to be a lot of people who didn't know bitcoin. But since the 2021 bullrun, many people are already familiar with bitcoin. But still many people are still not aware of the technology that is in bitcoin. They just think of bitcoin as gambling. I'm sure they will all understand.

[randegibran]

I will always provide solutions.or explanations.for people who want to start a crypto business.especially for lay people who don't understand how the crypto world will perform for the future in.starting a business.they only know bitcoin on the internet and don't understand how.it works.the crypto world, such.as what steps.must be needed to start a.business