To the Ill-informed, btc has done more harm than good

[bitzizzix]

There is a saying that a thousand good things will turn bad because of some mistakes and those mistakes are the risk of loss, laundering, fraud and so on which are actually their own fault and stupidity, and this is one of the causes.
And it will have a negative impact on bitcoin, especially those who don't understand and don't care about its existence and are very easily influenced.
they don't see and find information that a lot of people are benefiting even from getting rich with bitcoin, and I think they will eventually realize it one day by seeing bitcoin's growth continue to grow because of the lack of interest and attention that slows them down to engage.
and will feel sorry for believing too much in news or stories without studying them and seeking the right information.

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[lovesmayfamilis]

There is a saying that fools learn from their mistakes, and smart people learn from others. What does it say? The fact that starting something unfamiliar to you, you should never rush. It is necessary to carefully study all issues related to bitcoin, since the topic is about it. Yes, bitcoin cannot always be profitable, and this must be taken into account, do not rush to invest your money in it, without proper understanding. This is what they say that smart, that is, cautious people, study, learn all the pros and cons, and only then start investing in bitcoin.
But the one who gets burned himself, with willpower and the understanding that the rush was his mistake, without blaming others, gets a good experience, and returns to bitcoin, already literate.

[Promocodeudo]

This applies in general to everything about which people do not have a full understanding. You can say this about any service, about any cryptocurrency, about any asset, about any way of earning, not only about BTC.

When it comes to bitcoin, when first introduced to bitcoin, people most often think it's just a bubble, a ponzi scheme, and a dark web payment facility.

With even more familiarity, many tend to think that bitcoin is not backed by anything, it is harmful from an environmental point of view, and in general it is a speculative high-risk asset subject to manipulation.

And only when you study all the features of bitcoin do you understand that it is a low-risk investment asset that always grows historically and that owning it for many years brings you a good profit and allows you to hedge against inflation and other macroeconomic risks. And that this is a good storage value in the long run.

No doubt The inability for individuals to understand how things work in system not only in bitcoin has make them pay a deaf ear to Bitcoin and other great innovations, but there are still people in real life today that are not much informed about the recent happenings in the aspect of value storage and good asset investment, I feel that we have not done much on awareness, I know that no matter what we do, individual interest and believe matters a lot, we have to think of a different way to pass this impactful information to people that need them but not by force.

[TravelMug]

This applies in general to everything about which people do not have a full understanding. You can say this about any service, about any cryptocurrency, about any asset, about any way of earning, not only about BTC.

When it comes to bitcoin, when first introduced to bitcoin, people most often think it's just a bubble, a ponzi scheme, and a dark web payment facility.

With even more familiarity, many tend to think that bitcoin is not backed by anything, it is harmful from an environmental point of view, and in general it is a speculative high-risk asset subject to manipulation.

And only when you study all the features of bitcoin do you understand that it is a low-risk investment asset that always grows historically and that owning it for many years brings you a good profit and allows you to hedge against inflation and other macroeconomic risks. And that this is a good storage value in the long run.

No doubt The inability for individuals to understand how things work in system not only in bitcoin has make them pay a deaf ear to Bitcoin and other great innovations, but there are still people in real life today that are not much informed about the recent happenings in the aspect of value storage and good asset investment, I feel that we have not done much on awareness, I know that no matter what we do, individual interest and believe matters a lot, we have to think of a different way to pass this impactful information to people that need them but not by force.

Well that's what they said on Internet before, there are a lot of uninformed individuals and then it's enemies said that it is just a fad. Moving forward 20 years, everyone is using the Internet to their advantage and probably in the next 20 years, there will be a lot of improvement.

So we might as well put that analogy here with bitcoin or at least crypto, there are a lot of FUD, government are against it. And yet every 4 years we are seeing a huge price increase and we have reach all time high every after halving. And so I think adoption would grow, more people are going to find bitcoin and will take advantage of it similar to the Internet.

[Flexystar]

It's not only what they don't understand, but broader than that. It has been repeatedly subject of propaganda in different forms (criminality, environmental impact etc.), because it doesn't favor authorities, but authorities control the media.

It's also that people don't make great researches and Bitcoin requires a significant time to sit down disciplined and understand what it is.

The reason behind authorities getting easily parsed through everything is because users of crypto are not up to date as mentioned earlier. The half information kills the fun out of it and authorities literally get upper hand to manipulate the market very easily. Honestly, its the users who should be looking after the market research very neatly and try to self sustain any negative news from the media ends. We have seen the negative marketing all the time and the biggest medium to do this is through news platforms. They are easily manipulated with bribes these days. In the trading market they even do the insider job even thought it is illegal. I think in broader sense, it's the users who is lacking the ability to uplift the Bitcoin.

[BlackHatCoiner]

Well that's what they said on Internet before, there are a lot of uninformed individuals and then it's enemies said that it is just a fad.

I've always like that analogy. I mean, remember the Internet FUD, and then realize that Bitcoin's FUD is even greater than that. I don't want to sound very optimistic, though, because I think the Internet is more useful than bitcoin.

We have seen the negative marketing all the time and the biggest medium to do this is through news platforms.

Yeah, but how often is that happening anymore? I mean, we're like in mid 2023, and the price is barely moving due to news nowadays.

[jrrsparkles]

All we can do is keep calm and move on. Sooner or later more and more will see what is wrong and what is right. I don't have a better solution than doing... what we already do.

It can be frustrating when misinformation propagated by mass media and accepted by many people even when we provide them evidences and facts but we can't force them to change their ingrained beliefs all of a sudden which is only possible via gradual progression. More we promote the rational thinking the people will be able to differentiate between the facts and misinformation.

Let's take bitcointalk as an example which helped many to realize what is bitcoin, what is money and why we need decentralized system which took more than a decade to stand where we are and for sure over the next few decades the changes will be more than expected.

[letteredhub]

All we can do is keep calm and move on. Sooner or later more and more will see what is wrong and what is right. I don't have a better solution than doing... what we already do.

It can be frustrating when misinformation propagated by mass media and accepted by many people even when we provide them evidences and facts but we can't force them to change their ingrained beliefs all of a sudden which is only possible via gradual progression. More we promote the rational thinking the people will be able to differentiate between the facts and misinformation.
.

Those with conservative mentality and lacking a broad mind are the people that been eluded by these misinformation that's wavering around about bitcoin. They don't want to try new things and for people like that any information that's against whatever thing they are conservative about it's easy receptive and ingested. No drumming of any kind about bitcoin can make them see reasons to try things for themselves and experience the difference.

For we that have broad mind and are experiencing the innovation for ourselves, underneath we can testify of the benefits so we should forge ahead and forget about who rejects or misinterpreting bitcoin wrongly, bitcoin isn't meant for everybody despite the mission of mass adoption so for those that have gotten and understands how it works make good use of it now the crowd is not much so when by the time the crowd eventually come all out of the dark about it we will be at the top far ahead while they chase after our level which can't be possible for them to catch up..... That's where the statement of had I known erupts.

[Kaliandra]

This applies in general to everything about which people do not have a full understanding. You can say this about any service, about any cryptocurrency, about any asset, about any way of earning, not only about BTC.

When it comes to bitcoin, when first introduced to bitcoin, people most often think it's just a bubble, a ponzi scheme, and a dark web payment facility.

With even more familiarity, many tend to think that bitcoin is not backed by anything, it is harmful from an environmental point of view, and in general it is a speculative high-risk asset subject to manipulation.

And only when you study all the features of bitcoin do you understand that it is a low-risk investment asset that always grows historically and that owning it for many years brings you a good profit and allows you to hedge against inflation and other macroeconomic risks. And that this is a good storage value in the long run.

I agree with your opinion, and indeed people who don't know about btc will definitely consider it a fraud and so on, and indeed not only in the world of bitcoin, in anything people will definitely think so because they don't understand.

but in my opinion making btc as a store of value is indeed very suitable and even has the potential for big profits in the future if the price of btc continues to rise, but of course it is very risky because btc has a fluctuating.