People still don't know about Bitcoin

[temple]

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.

It's true that in my country there are still many who don't understand bitcoin.. However, this year there have been many important people such as artists, youtubers, or other celebgrams who already understand a little about bitcoin. Because they are more or less ordinary people also know bitcoin even though they don't know it fully.

Of those you mentioned, let's be honest here many of them jumped onto the bandwagon because they realized there is money to be made, especially when you got some reach on social media like Instagram. Some of them even launched their own coin, but seriously why would you entrust your money with a person that usually posts half naked pics on Instagram? ... For them it is not about spreading the word because they understand decentralization, it is about spreading the word because at the end of their promotion you'll get a code that you should use to buy crypto in order to make them rich.

I believe that the majority of folks who invested in cryptocurrency were just intrigued and wanted to take advantage of the potential to make money by investing. If no one is seeking to enter the market, the market will remain stable, with only a modest proportion of 24 hour gain/loss. So I don't think that jumping on the crypto bandwagon is a terrible thing; it helps the community expand, and most of us will profit if we enter and exit at the proper times, It's fine to go FOMO with good research. On the other hand, if you don't do any research, you'll be in big trouble. You shouldn't enter if it's merely a very shitcoin that'll probably rug pull soon or devs will leave after gaining.

Nono, jumping on the crypto bandwagon is totally fine. In a certain sense all of us did nothing else in the very beginning as trading even with little amounts is fun and exciting. The real problem is if instagram celebrities use their reach to promote ponzi schemes or the biggest shit coins on earth! That is the real problem. I am not disrespecting those who just want to throw their hat in the ring and participate in the market with fair means, that's fine. But luring your followers into a scam because you get paid well is a real asshole move that we don't need at all in our community!

[1715108895]

1715108895

[macson]

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?

There are many around me who know Bitcoin but don't dare to invest in it yet, the education they get about Bitcoin is not complete, they still believe in fud which spread from china etc.  sooner or later I'm sure many will invest in Bitcoin, the trend will definitely happen.

[LUCKMCFLY]

Well, because of "El Salvador" you already know that they have even adopted it, now things are going very well because now they are going through Ghana, and that is where adoption is entering strongly on the African continent, and I think it is excellent, among more people enter the market much better:

Ghana's vice president declares Africa should embrace digital currencies

“Digitization has also become one of the most consequential policies of the Nana Akufo-Addo government,” said Dr. Bawumia.

“When the scourge of the COVID-19 pandemic hit and forced many economies into partial and total lockdowns, it reinforced the need to pursue digitization.”
The Vice President also discussed Ghana’s recent payment initiatives, such as Mobile Money Interoperability. Dr. Bawumia notes these services have “shown that more people can be financially included, and this needs to be rolled out across Africa to ensure the growth of the AfCFTA vision.”

Source: https://cointelegraph.com/news/ghana-s-vice-president-declares-africa-should-embrace-digital-currencies

Anything that is of value to Bitcoin is welcome, and as in Ghana they have the interest little by little around the world the word of BTC will spread.

[John Jefferson]

Yes, most ordinary people don't know Bitcoin. Although there are more and more people who invest in ideas every day, they still have no idea about Bitcoin. If you search for investment methods in the search bar, Bitcoin will not appear.

All of these can be handed over to time.Bitcoin will get better and better, and it will get more attention from people and countries.If its use is good, more people will accept it.

[Connor Britton]

Nowadays, there are still some people who know about Bitcoin just know that it is a cryptocurrency, and don't even know what purpose it has. They only know that it can make money, and many people don't know the existence of Bitcoin. The elderly and children in every country probably have never heard of Bitcoin, but compared to 2018 and 2019, there are more and more people who understand Bitcoin. But some people just understand the surface of Bitcoin. Bitcoin is a technological innovation. There is still some time before everyone knows Bitcoin. Time will prove everything.

[LimLims]

Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.

Yeah that is the bitter truth that everyone will accept.
Until and unless people see some good opportunities in Bitcoins, they won’t accept it.
Forget accept, they don’t even care to understand how it works.
It can all be sorted if Bitcoins should be made mandatory by the government or just make it legalised.
Still waiting for the time when every person should be aware of Bitcoins and Cryptos.

[Wong Gendheng]

Most people in my country are ignorant and little educated.Most of them live in villages and villagers are reluctant to learn about modern world civilization.They think that online currency other than paper money is nothing but a hoax.They still fill the quota with money and keep it buried under the bed.

Many people who live in villages in my country also don't know bitcoin, but I don't want to say they are stupid, they don't know bitcoin because they are busy with work and other things, and of course they don't know bitcoin because there is no official information for example from the government.

[2girls]

Yes, You are Right Many Peoples Still don't know about bitcoin that what it is and how it work , many people still don't know about Cryptocurrency But Its not a Surprise In My Family and Friends And relatives. Mostly don't know about bitcoin , i am trying to tell everyone about bitcoin itits uses, its benefit and its working, so its our duty to aware those who don't know about this , but one thing that mostly uneducated peoples don't know about bitcoin.

[BobK71]

Now a days bitcoin is much popular in the world but there are lots of people in the world who don't know about what is bitcon or how it is work? But i have to say that last three years a large number of people have gathered significant knowledge about bitcoin as well as crypto currency. Still There are large number of people who are out of internet especially those who are live in rural area particularly illiterate person of any country they don’t about bitcoin. I am sure if  any person who are educated he or she at least know about the name of bitcoin. I am optimistic with five years majority of the world will be known about bitcoin and crypto currency.

[DibiaVxosis]

For sure there are many countries who doesn't know much about bitcoin, but well bitcoin popularity is growing on a high rate so with time bitcoin would be known worldwide, few years ago my country never knew what is bitcoin or what it actually does but presently bitcoin is the talk of the town every youth want to get involved because of the lucrative rewards, so we can see that bitcoin popularity is growing.