Bitcoin thrives on education and self-sovereignty

[hyudien]

I can tell you from my experience in Africa (I work on contract there) ...that education is VERY important for Bitcoin (BTC) to thrive. A lot of the people in Africa and other 3rd world countries does not get good education...and their government has dumbed down the education system on purpose. (A corrupt government can only thrive in a situation where citizens fear them and where they do not question their rules and decisions)

Bitcoin can look very complicated to a lot of people, but not all people want to know the intricacies of this technology. (How many people actually know how the Banking system work?.... but they still use money.)     If we can explain the basics to these people and how different it is to the corrupt Banking & government backed Fiat system.... they will see the light. 

Amen, i also think it can be hard to understand Bitcoin for complete newbies, because its so interdisciplinary. But the people who love this challenge, will appreciate what it gives to them. A corrupt government can only thrive in a situation where citizens fear them and where they do not question their rules and decisions. I love this sentence, because it couldnt be more true.

The golden sentence op also mentioned here is knowledge is power and people lose money because they don't have power and knowledge of financial systems, these are all because of lack of education and some people are usually staying against getting educated and learning about new technologies and this makes the newbies good victims to be abused by other people and they will leave the market with empty hands while they lost all the money they invested on the market, that's why I'm a fan of self educations.

Don't worry everyone has the same opportunity to learn if you are very serious about it. No need to absorb it all at once. We used to do the same thing, various mistakes, challenges and also there were still doubts at that time. Because as time goes by we understand how concrete the benefits of Bitcoin are for economic growth.

Now it has been proven with Bitcoin that people realize and care more about how to manage finances from an early age.

I think the current system would collapse if people really understood it, it just uses the weaknesses of humans as a whole perfectly against them, that's why its still here, but I think with bitcoin we can change that.

[1715495255]

1715495255

[Coyster]

And Bitcoin is not the get rich quick scheme some new investors are hoping for.

Quite a lot of people take Bitcoin to be so, they basically want to invest in it, make profits and that's that, but Bitcoin is quite different from altcoins that are short term projects, if investors are looking for get rich quick schemes, then i am afraid they must look in the direction of altcoins. As many investors that want to speculate with the price of Bitcoin must understand that Bitcoin is a long term project, and speculators will more or less make profits in the long run, not quickly.

Having said that, in as much as i do not really think we should be telling people how to use their Bitcoins, more people need to understand that Bitcoin is also money that can be used for making purchases in places that it is accepted, for now Bitcoin as a payment method is not all that popular, but somewhere along the line on the road to adoption it would be, thus for users who are privy to have places around them where they can spend Bitcoin for commodities and who do not mind at all, they can try to do so once in a while, to actually get that feeling of using your Bitcoin as actual money.

[carlfebz2]

Everything in this world is made up by people that are no smarter than us, like steve jobs said. We can do this if we all stick together.

Satoshi did his part, and now it’s our part to finish the job.

There’s nothing that can stop us anymore, if we all do our individual proof of work. We entered this world with nothing and will leave it with nothing again. The only thing that will be remembered about us is how we used our time, and if we only chased wealth, we do the same thing that billions are doing rn and no one will give af. So let’s finish the job satoshi and the other bitcoiners started and actually do something for the world.

It has become the duty of each one so that Bitcoin remains the only one that has contributed greatly to our financial achievements to this day. We are the stump control for owned wallets. But avoiding using KYC at this time will be very difficult. As I am under the government's financial monitoring, I cannot ensure that what I hold is free without monitoring. Satoshi's job is to give us a path of choice that no one has ever offered.

And that what makes Bitcoin to be unique which it did really give out that kind of opportunity or benefit in terms of being decentralized and anonymous plus having the chance on earning profits which i do see it as a

bonus which is something that cant really be ignored but in overall in speaking with utility then there's no doubt on what Bitcoin is all about.It might be that hard on some part since government doesnt really just let

loose into crypto space without doing something thats why we are seeing that regulations become even more strict and tight but doesnt mean that we are losing that primary intent that had been created from the start.

[AakZaki]

Yes, it's true, the government's role in this matter is important, because after all when the government has legalized bitcoin it will make it easier for bitcoin to reach in any way. But of course it will take a very long time to wait for that time to come. Although now many have adopted bitcoin, but currently there are still many who oppose the existence of bitcoin. It became a stumbling block to the development of bitcoin itself.

the pros and cons of using bitcoin will always be there. there are many parties who try to support and continue to develop bitcoin to be more perfect, but there are some people who continue to oppose it for various reasons. Each government has its own regulations on how they use bitcoin so the government can control bitcoin but not completely. Governments that are starting to adopt bitcoin are those who are starting to realize the importance of bitcoin in the future for the development of their country. Let's see who else will start adopting bitcoin.

[wiss19]

I agree that it is not a difficult task to carry on what satoshi left us. I mean I am god damn sure that there are so many things in the world that was done by idiots who had the bravery to do it and then succeeded and became super rich and provided something to the world that made sense, whereas we are talking about many many many smart people who could do much more but do not have the courage to live worse for a while and take a risk to build something that will further the world.

We just need to be a bit more brave and go into bitcoin with our eyes closed and keep on holding no matter how low it gets, and we will further the crypto world for sure.

[CaVO32]

Yes, it's true, the government's role in this matter is important, because after all when the government has legalized bitcoin it will make it easier for bitcoin to reach in any way. But of course it will take a very long time to wait for that time to come. Although now many have adopted bitcoin, but currently there are still many who oppose the existence of bitcoin. It became a stumbling block to the development of bitcoin itself.

the pros and cons of using bitcoin will always be there. there are many parties who try to support and continue to develop bitcoin to be more perfect, but there are some people who continue to oppose it for various reasons. Each government has its own regulations on how they use bitcoin so the government can control bitcoin but not completely. Governments that are starting to adopt bitcoin are those who are starting to realize the importance of bitcoin in the future for the development of their country. Let's see who else will start adopting bitcoin.

In every new technology, there will always be people who are against with it, so it is no surprise why some people or organization are rallying about bitcoin or crypto in general. It would take time before they will accept it, and it needs time to educate them about this new technology. It is just a matter of time before they will realize that they are getting behind from this kind of developments in technology. And from that moment, they may rush getting into this market. Let us see...

[Silberman]

Yes, it's true, the government's role in this matter is important, because after all when the government has legalized bitcoin it will make it easier for bitcoin to reach in any way. But of course it will take a very long time to wait for that time to come. Although now many have adopted bitcoin, but currently there are still many who oppose the existence of bitcoin. It became a stumbling block to the development of bitcoin itself.

the pros and cons of using bitcoin will always be there. there are many parties who try to support and continue to develop bitcoin to be more perfect, but there are some people who continue to oppose it for various reasons. Each government has its own regulations on how they use bitcoin so the government can control bitcoin but not completely. Governments that are starting to adopt bitcoin are those who are starting to realize the importance of bitcoin in the future for the development of their country. Let's see who else will start adopting bitcoin.

It was just a matter of time until governments wanted to get involved in bitcoin, since the market is moving so much money every single day the governments want a piece of it, and not only that they want us to comply with all the ridiculous rules which lead to the creation of bitcoin in the first place, however regardless of what they do they do not have control of the network or the development of bitcoin, which means their control will be limited at best.

[Piesel]

Bitcoin has no feelings you only have to ride with the trend, bad news and good news all contribute equally to the general Bitcoin market but in different directions, for the long-term holders looking away from the price chat is the best option.
But to a beginner who has a lot of cashing up to do stirring at the price chart becomes a daily job for them, this could lead to depressing conditions but then they will learn along the way. But in all don't get too greedy to the point of putting in a huge amount that will keep you awake for too long both as a newbie or an old-timer in the game this is general advice.

[bhooscream]

Price should be the last thing were worried about cuz theres a lot of catching up to do. Just don’t feed whales or shitcoins.

Right, they have many things that they can do to manipulate the market, gain profits in ever market change. And team developers are always trying to get profits form their shit projects, take advantage of investors, especially newbies to believe in them, in their shit projects, just for the sake of profit, and they will not care about us later.

Knowledge is power in this world and those who refuse to educate themselves or stay gullible will get exploited.

Indeed, nothing will be worthy or we know if we are here without knowledge. Without knowledge, we can be easily trapped by the scammers, shit coins, and also market manipulation

[Wind_FURY]

Bitcoin thrives on education and self-sovereignty

I believe it also depends where you're getting your "education". There are many charlatans and snakeoil salesmen within the community who are not paying attention to how Bitcoin actually works, and its limits/constaints. It might make people have too much expectations, and then become disillusioned because they might have a different "idea", or "vision" of Bitcoin. I understand that Bitcoin is hard to define, but base expectations on what's technically possible.

[RealMalatesta]

I agree that it is not a difficult task to carry on what satoshi left us. I mean I am god damn sure that there are so many things in the world that was done by idiots who had the bravery to do it and then succeeded and became super rich and provided something to the world that made sense, whereas we are talking about many many many smart people who could do much more but do not have the courage to live worse for a while and take a risk to build something that will further the world.

We just need to be a bit more brave and go into bitcoin with our eyes closed and keep on holding no matter how low it gets, and we will further the crypto world for sure.

That is mainly because the fool wold not have any idea how foolish of a thing they are doing, whereas the smart person would overthink the situation at hand. So, let's say we have a thing that has a 80% chance to fail, but the fool would not understand how risky it is, and do it anyway, and many many many of them fail, millions of them, but there are some who hit the 20% winning chance of course.

And there are tons of smart people, who will overthink the 10% chance of failure and not do it, and watch the fool do something awful and get rich doing it. This is why we are seeing many people taking silly risks, like invest into a brand new idiotic meme hype coin, and still somehow get rich.

[Silberman]

Bitcoin thrives on education and self-sovereignty

I believe it also depends where you're getting your "education". There are many charlatans and snakeoil salesmen within the community who are not paying attention to how Bitcoin actually works, and its limits/constaints. It might make people have too much expectations, and then become disillusioned because they might have a different "idea", or "vision" of Bitcoin. I understand that Bitcoin is hard to define, but base expectations on what's technically possible.

This is without a doubt a problem, many newbies have the wrong idea of what bitcoin is about because they obtain their information from social media, and as such they only think of bitcoin as a way to make some quick profits and nothing more, and then when they do not obtain what they want then they get angry about it and blame bitcoin for their failure, when they are the ones responsible as they were filling their heads with useless information.

[GreatArkansas]

Bitcoin thrives on education and self-sovereignty

I believe it also depends where you're getting your "education". There are many charlatans and snakeoil salesmen within the community who are not paying attention to how Bitcoin actually works, and its limits/constaints.
(....)

I hate those people. Those people are just here for the sake of money, they really don't value Bitcoin, and they really don't know how it works.
For me, this is one of the many mistakes of people who start to use Bitcoin and being introduced to it.
I can't wait soon that people to start to use Bitcoin for real-life use cases.
We will get there, education is always there and the Bitcoin community is growing slowly.

[Rigon]

I think people are much better off if they are educated in bitcoin. We who are unemployed youth are unemployed but educated in bitcoin education today we do nothing for the country But the unemployed have been freed. We are able to move our worldly life forward. I think this has created a solution to the unemployment problem in my country.If every unemployed youth is educated in bitcoin education, they will no longer be unemployed but the sovereignty of all countries will be improved.