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Author Topic: Educating people on Bitcoin for free  (Read 4028 times)
Ojima-ojo (OP)
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July 23, 2022, 08:49:54 AM
Merited by The Sceptical Chymist (2)
 #1

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

R


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CryptSafe
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July 23, 2022, 10:32:30 AM
 #2

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

Merely teaching them and not carrying out any practical means  another setback though. Like when I engaged some of my folks on bitcoin adoption, I had to be practical while teaching them for easy understanding, I had to download a wallet, how to setup a wallet, how to transact by sending and receiving of bitcoin,  I went to the extent of opening my exchange account for them to see how I received my bitcoin on exchange after I had transferred from my custodial wallet to exchange and also how to trade bitcoin on exchange. I did all these in their very before so they could see. I also engaged them in a practical session so they could also do it themselves while I supervised them. This was how I put them through. I also encouraged them to do research online while I recommended some website and YouTube channels they could follow and watch to get more insight on how the blockchain and crypto space works.

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tbct_mt2
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July 23, 2022, 11:01:06 AM
 #3

But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme
Get rich quick scheme is more correct for altcoins and NFTs, DeFi projects that created hype in crypto market since 2020 and collapse since early 2022 started with Terra Luna, Celcius, Three Arrows Capital and Voyager.

With Bitcoin, you can not get rich quickly so it is not convincing to attract people. If you bought Bitcoin around $20000 and sold it around $60,000, it is only 3 times of your capital. It is lower than altcoins like Solana with 200 times of profit. It can be higher with DeFi and NFT tokens but altcoins are more risky than Bitcoin.

Fast comes fast goes and most of people on market can not keep their capital safely in altcoins.
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July 23, 2022, 12:13:20 PM
 #4

To learn about bitcoin, you definitely need a desire. You can take small steps toward explaining it in an understandable language. And until a person understands one step, it is not worth raising him to the next. In the same way, the understanding of all other things occurs.

But people are often in a hurry. They first open wallets, meaning quick profits, and only after that do they learn how to use them correctly.

If you OP take small steps, your friends will definitely get interested in bitcoin.

The last thing you should tempt your friends into is investing. Until people understand all the risks, they will remain just as ignorant of all the tricks of bitcoin.

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July 23, 2022, 12:20:48 PM
 #5

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.

The acceptance of Bitcoin as a legal tender should not have much relevance when it comes to its adaptation in society, because as we could already read countless times on this forum or anywhere else, Bitcoin does not require permission from any government or institution to be used. Bitcoin is already accepted all over the world, but researches say that it is used in one way or another by about 5% of the total population.

But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

The average person has the opinion that Bitcoin is some kind of internet money that you can buy for a certain price, and after some time sell at a higher price and thus make a profit. If you explain to them that they should use Bitcoin as a currency, most of them will tell you that they have nowhere to spend it anyway, and even if they do, it's too precious to them because they bought it in the first place for profit.

Knowledge is mostly free and available to anyone with internet access, so anyone can research what they are interested in - the only problem is how to filter all available information. I often heard people talk nonsense about Bitcoin, and when I asked them where they got it from, the source would always be the Internet.

I agree that everyone should contribute in order to pass on the knowledge they have acquired about Bitcoin because that is the only way we can fight against lies and misconceptions. At the same time, I always emphasize that we should also take into account our privacy and security, because people who talk publicly about Bitcoin can often become targets of hackers, as well as ordinary thieves.

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July 23, 2022, 12:45:23 PM
 #6

I think in many places Bitcoin isn't legal tender but many people use cryptos regardless of state policies (Nigeria) or even the state itself is very crypto-friendly (Ukraine). I am not sure about the whole world adopting Bitcoin and the level of this adoption, but I do agree that it is likely to grow over time. Education is important, and it's a noble task to educate people about Bitcoin for free. People should stop seeing Bitcoin as first and foremost an investment, and they must understand the basics of safety when storing and transferring Bitcoin.

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July 23, 2022, 06:19:21 PM
 #7

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.

yes and we are getting closer to that time, when bitcoin adoption would have been unanimously a common thing for acceptability, it had suffered alot already in paying the price from those speaking against it, this more it goes the stronger it became, watch and see within a little space of time the numbers of countries that will soon join the adoption as a legal tender.

But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin

what other form of awareness could be better than the one derived from those that speak against bitcoin, they don't Know that what they do only increases the awareness for global adoption, the more they attack the wider it adoption becomes

and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme

I don't expect a newbie to come out in teaching a fellow newbie on what he himself barely knows about, that is wrong.

this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market.

this happens simply because those that introduced them to bitcoin does not take time to explain well the risk associated in bitcoin and how they can avoid running a loss instead of making profit, bitcoin is not what you can just explain with mouth within a day or two, it requires a two years + experience to know some part of it.
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July 23, 2022, 06:40:20 PM
 #8

Bitcoin adapting well, but the problem is most newbies join the Bitcoin trend to become rich overnight. It's because they introduced Bitcoin wrongly. I know many people become rich from Bitcoin but it's impossible overnight. It's become quite important to educate people about Bitcoin technology and how it works. Besides that how the Bitcoin price works should know by every Bitcoin user. So that they will not regret upon the bear market.

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July 23, 2022, 06:55:26 PM
 #9

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

You should keep doing it, educating people to understand the bear and bull season more because new investors are attracted by the profit they can quickly earn but in most cases lacks real knowledge about the different market seasons. Having the basic knowledge of the different market periods will save them from being overwhelmed when the market is down. It is a lifetime learning process because there will always be newbie coming into the space and needing assistance to understand how crypto operate. So my friend, don't get tired of teaching, this is how we can grow btc awareness through the grassroots.

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July 23, 2022, 07:11:32 PM
 #10

Most neccesary to provide education about bitcoin to the general public, exactly for beginners, especially when bitcoin is used as a legal currency in a country, there will certainly be many companies with an investment based on behalf of bitcoin. Beside need to change people mind when hearing about bitcoin as investment assets for future. Many people still claimed about bitcoin as the faster way how to be rich, I think when giving education for people what is bitcoin and how bitcoin function will be easy how to chamge their mind about bitcoin investment.

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July 23, 2022, 07:19:23 PM
 #11

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.

The acceptance of Bitcoin as a legal tender should not have much relevance when it comes to its adaptation in society, because as we could already read countless times on this forum or anywhere else, Bitcoin does not require permission from any government or institution to be used. Bitcoin is already accepted all over the world, but researches say that it is used in one way or another by about 5% of the total population.
This.
Technically it can be used by anyone around the globe anyway. There were just bans and regulation that the government imposed although it cannot stop people from still using VPN or even doing a P2P transaction.
There is no stopping people from doing such thing.
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July 23, 2022, 07:40:30 PM
Last edit: July 24, 2022, 07:54:26 PM by teosanru
 #12

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
Yes definitely one should definitely educate everyone for absolutely free. Upto the maximum extent one should try to distribute their knowledge but obviously there are some skills that you have learnt which you have to sell in order to earn money and not all education can be free so it's even okay to charge minimal amounts for the education that you are providing. Talking about adoption and the way it has grown i feel adoption would grow more rapidly if people would know about the returns of bitcoin rather than the utility behind it.
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July 23, 2022, 08:34:13 PM
 #13

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
well the fact that very few countries made bitcoin or crypto as a legal tender and it's seeing all this success is impressive, it just shows how bitcoin and crypto is yet to gro mw, the more adaption crypto gets the more successful it becomes, and educating people about it definitely helps a lot, and good for you for educating people you know, I did the same thing with all my friends and they all at least understand and some joined in, if everyone did the same thing it would really help spread awareness.

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July 23, 2022, 08:49:05 PM
 #14

It is already evident that Bitcoin is going to be mainstream in the next decade, which will increase the demand of the global digital currency. But, most people do not like getting their hands dirty with any new idea, and it is good that you try to educate others, because they are likely to be more receptive to the idea once they have been properly educated. The main drawback about Bitcoin adoption is lack of awareness.

So if you do not know what Bitcoin is, or how Bitcoin works, so how can you ever understand the advantages of Bitcoin? We should all follow your example and try to help people understand the true potential of Bitcoin and work on spreading the word about Bitcoin as widely as possible.

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July 23, 2022, 08:55:25 PM
 #15

I really admire people who have the desire and never get tired of teaching others about Bitcoin.  I know how hard and tiring it is to teach someone who originally doesn't know any basic knowledge of Bitcoin.  Unless you have a passion for being a teacher, you will find it troublesome because of the bombardment of questions once they got interested.  Worst is, most of them would like to be spoonfed with information.  So @OP, if you happen to continue educating your friend about BTC, try to make them responsible for the additional knowledge they wanted to know.  The internet is just 1 click away, so better give them the resources where they can learn deeply about the Bitcoin ecosystem while guiding them if they became confused.

Yes definitely one should definitely educate everyone for absolutely free.

Acquiring knowledge has a cost, so it would be a losing deal if you did this one. But I am for free education though.  Grin

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July 23, 2022, 09:01:30 PM
 #16

To learn about bitcoin, you definitely need a desire. You can take small steps toward explaining it in an understandable language. And until a person understands one step, it is not worth raising him to the next. In the same way, the understanding of all other things occurs.
That's correct. Let me quickly add that it's not enough for anyone to set out to teach others when those they're trying to teach aren't even ready to learn. As interesting as the topic of Bitcoin may sound, we've to realize that not everyone would want to jump in learning it at once. There are those who will want to foot drag before getting involved in learning it. It could be that the subject of discussion is a new or strange one to them and their skepticism and doubt will make them stay out. Let me quickly share an experience I had with folks around me on Bitcoin when I got into it in 2017. Those I shared the Bitcoin stuff would listen with rapt attention to my preaching but at the end would not get involved because the desire wasn't there. Fast forward to 2021/2022; they now want to be tutored about Bitcoin. I guess it's because Bitcoin has gained more traction now than it did four years ago.

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July 23, 2022, 09:15:26 PM
 #17

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
You have really taken a bold step to help people around you learn about Bitcoin without getting material things in return which is much welcome looking at it from the prospect of helping those in you region to learn about Bitcoin. The problem making countries that had embraced Bitcoin are having is the lack of proper education for their citizens to learn and get good knowledge how the Bitcoin network works. Let no forget to teach people around us about the Bitcoin network and how it works.

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July 23, 2022, 09:16:12 PM
 #18

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market.
One very sure thing you have to understand is that you can a take horse to the river to drink water but you can't force it to drink water. What I did mean here is no matter how you teach people about the fact that Bitcoin is not a get rich quick business, you still gonna have numerous number of people that would still look at Bitcoin in that way, because some of them have heard how Bitcoin transformed some people's lives without knowing or taking into account how long those people did invest into Bitcoin (early investors).
Therefore, so far that Bitcoin and Cryptocurrency are still highly voilatile you gonna still have such kind of people in this space until they got to a time when they're mature in the space and I think this is much within people coming New into the industry.

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July 23, 2022, 09:23:28 PM
 #19

To learn about bitcoin, you definitely need a desire. You can take small steps toward explaining it in an understandable language. And until a person understands one step, it is not worth raising him to the next. In the same way, the understanding of all other things occurs.
That's correct. Let me quickly add that it's not enough for anyone to set out to teach others when those they're trying to teach aren't even ready to learn. As interesting as the topic of Bitcoin may sound, we've to realize that not everyone would want to jump in learning it at once. There are those who will want to foot drag before getting involved in learning it. It could be that the subject of discussion is a new or strange one to them and their skepticism and doubt will make them stay out. Let me quickly share an experience I had with folks around me on Bitcoin when I got into it in 2017. Those I shared the Bitcoin stuff would listen with rapt attention to my preaching but at the end would not get involved because the desire wasn't there. Fast forward to 2021/2022; they now want to be tutored about Bitcoin. I guess it's because Bitcoin has gained more traction now than it did four years ago.
Depends on someones interest because even if you do really show up some hardwork and interest on teaching some people but if their interest is not there then you would just basically wasting your time

and effort and this is the reason on why i dont really make myself do make out considerations on educating people around me.If they would tend to approach then its good but if not then i dont care.

I know its a bit selfish but we know that people are totally different when it comes on approaching on new things.Some of them do really mind off about making quick bucks and on the time you do
tell them about the risk and volatility then they would say up negative things or some people doesnt really show interest which most of them do ignore afterwards.

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July 23, 2022, 09:23:35 PM
 #20

I think the best free education on Bitcoin comes from having to use fiat for international transfers.  At least that's what I used to think when Bitcoin was being billed as a p2p payment network.  I have had plenty of experience waiting on international transfers for both work and personal reasons.  It's always a nightmare where you cross your fingers and close your eyes for a week and hope to have a happy ending that cost you a small fortune.  

Try ordering a product from Bitmain with a wire transfer at the same time as you pay with Bitcoin and you will never doubt Bitcoin's usefulness again.  

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July 23, 2022, 09:29:25 PM
 #21

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption
Nice job, as a little bit of advice I'd say that while educating people around you about bitcoin you should also be careful not to enforce your opinions on them, try as much as possible to make the process of educating them an interactive session so that you can understand their concerns and know how to tackle them properly.

In summary, do not force them into loving bitcoins rather you woo them into wanting to know more about bitcoins and the advantages it has.

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July 23, 2022, 09:37:33 PM
 #22

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.

The acceptance of Bitcoin as a legal tender should not have much relevance when it comes to its adaptation in society, because as we could already read countless times on this forum or anywhere else, Bitcoin does not require permission from any government or institution to be used. Bitcoin is already accepted all over the world, but researches say that it is used in one way or another by about 5% of the total population.
This.
Technically it can be used by anyone around the globe anyway. There were just bans and regulation that the government imposed although it cannot stop people from still using VPN or even doing a P2P transaction.
There is no stopping people from doing such thing.
^ Because this is how BTC was designed. No one can stop and good for p2p transactions.
Educating people was a great help to spread out awareness and I think that is alright if you are willing to spend your time teaching other people about BTC technically or even its usage on it in society. Because this is the problem why BTC has a slow adoption because there are no ads and no one were willing to teach someone else in their free time, for those who are got interest will most likely learn.
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July 24, 2022, 03:02:06 AM
 #23

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
Somewhere I also just read about the future of users reaching the 1 billion mark with BTC and what the crypto market says to them. Maybe it doesn't have to be so complicated as people will be confused about the opportunity this market offers. I think as I approach this market that I didn't really understand it before and just looked at it. I see the media talk about the negative that it takes place. But once you've grasped the information surrounding it and seen it as an opportunity for life, it's impossible to resist.

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July 24, 2022, 04:02:46 AM
 #24

This has been a growing challenge, for people to appreciate Bitcoin as a P2P decentralized system more than a digital asset whose price against fiat is rising. But the problem is that real-life situations are actually reinforcing this treatment of Bitcoin. With the unlimited printing of fiat, its fast devaluation; with banks freezing money, charging high fees, offering interest rates much lower than the inflation rate, and so on, you cannot blame the people if they embrace Bitcoin and treat it not as a decentralized currency but as some form of refuge.

But those who treat Bitcoin as a get-rich-quick scheme, don't mind them. A bear market would either prove them wrong and shake them off. Or they would eventually be converted into believing that Bitcoin is something else.

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July 24, 2022, 04:05:57 AM
 #25

So far, many people know bitcoin because its value is volatile and tends to move up quickly and fall quickly. So it is natural that many people know that bitcoin is used as a tool to enrich themselves not as a means of payment according to the original purpose. This time, many are more familiar with Bitcon as an asset such as a stock that can provide long-term benefits. My country legalizes Bitcoin as a commodity so this deviates a bit from Satoshi's goal. Many new people don't know the purpose of bitcoin, they just want to profit from investing and trading. But they don't want to learn and sometimes won't last much longer.
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July 24, 2022, 05:23:23 AM
 #26

Get rich quick scheme is more correct for altcoins and NFTs, DeFi projects that created hype in crypto market since 2020 and collapse since early 2022 started with Terra Luna, Celcius, Three Arrows Capital and Voyager.
It's more of getting scammed and losing your money with altcoins and DeFi not getting rich quick as most of them are trading in market under pump dump scheme and we have seen million dollar scams in DeFi so 90% of the people loose money and only those who sell out timely make profits.

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July 24, 2022, 05:35:46 AM
 #27

I wouldn't teach or educating people about Bitcoin even I get paid because it will harm my privacy and there's no reason why I should teach them. It doesn't mean I'm selfish, but if someone is really curious and want to understand the whole thing about it, they can start search and collecting many courses on google. Actually you can search anything and you can learn what you're looking for without waiting someone conducting a seminars on your local.

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July 24, 2022, 06:00:07 AM
 #28

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
When speaking to people about bitcoin, it is not done with the intention to convince them to "buy-in". It is done with the intention to make them aware of the present reality. What reality? The reality that bitcoin is now just too big to ignore. The reality that contrary to the past, it is not a fad. And the reality of the future of bitcoin, of what's coming. It is not my job to convince them but to help them understand. I am always willing to engage anyone who cares in a conversation about bitcoin in the bus, train, taxi etc And one thing I notice overtime is that these are curious to know more.

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July 24, 2022, 06:38:21 AM
 #29

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
I disagree that awareness is the Issue. Are you saying that the government that is giving Bitcoin a hard time like China is not aware? and same goes for the rest of the country where the Government is doing the same thing to Bitcoin. The newbies have less to contribute to the general adoption of Bitcoin globally, they are mot even in the system yet and how far has your people's education come through? The fact is, these people that matter "Government" are fully aware of what Bitcoin is that's why they take the stand they took with Bitcoin. In terms of Bitcoin being Volatile, I can guarantee you that the day Bitcoin turns into a stablecoin, its less adoption. Volatility turned out to be one of the major positive xtics of Bitcoin, what do you think is the main differentiating factor when investors start comparing Bitcoin Vs Gold Investment? 
People might continue to have the notion of getting rich quickly with bitcoin which shouldn't be, but still could happen.
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July 24, 2022, 07:10:49 AM
 #30

There's always a catch when it comes to efforts like these though, I always think so. The real non profits are the guys right here on this forum, helping people out with Bitcoin, helping people understand and use.

It's kinda the fault of all the Matt Damons telling people to be bold and buy crypto.

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July 24, 2022, 07:37:47 AM
 #31

it seems that it is important for us to provide free education about bitcoin, especially when the world economy is experiencing a decline, and indeed very many people provide education about bitcoin for free, a simple example is to families who do not know about bitcoin. because I myself have experienced something like that. because at first I also didn't know about bitcoin, until finally my own brother taught me about bitcoin, until finally I was interested in investing in bitcoin. and also I think it is important for everyone to know about bitcoin, especially when the world economy is in a downturn, because bitcoin will open up opportunities for those who are interested in investing in bitcoin. for long term or short term investment. and uniquely investing in bitcoin can be started with small capital or large capital. so it can be reached by everyone.
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July 24, 2022, 07:47:17 AM
 #32

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

I like your effort but the sad truth is that no one wants to learn about Bitcoins.
Rather they want to make quick money from it.
Initially Bitcoin was not developed to make money, rather it has an objective to make the people decentralised way of using the money.
Nevertheless people will only show interest to learn when they get something on return, and therefore if you teach them just merely to give knowledge , then it won’t be as much fruitful.
Nevertheless really glad to see that you are going to your maximum effort and educating people about Bitcoins.

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July 24, 2022, 08:00:57 AM
 #33

I wouldn't teach or educating people about Bitcoin even I get paid because it will harm my privacy and there's no reason why I should teach them. It doesn't mean I'm selfish, but if someone is really curious and want to understand the whole thing about it, they can start search and collecting many courses on google. Actually you can search anything and you can learn what you're looking for without waiting someone conducting a seminars on your local.

I guess it's better if we hear someone approaches us and really interested about bitcoin and maybe we can teach that individual.

But as far as putting efforts and going out and telling the public about it, yeah I agree that it's better not to do that, as we all know that they might have built their idea on bitcoin already and it might not be positive. And the thing is, individuals also like to put blame on someone specially if they fail. So if by chance they lost their investment because they thought it's a get rich scheme, then perhaps you will get a bad rep and the blame is on you.
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July 24, 2022, 08:24:29 AM
 #34

Get rich quick scheme is more correct for altcoins and NFTs, DeFi projects that created hype in crypto market since 2020 and collapse since early 2022 started with Terra Luna, Celcius, Three Arrows Capital and Voyager.
It's more of getting scammed and losing your money with altcoins and DeFi not getting rich quick as most of them are trading in market under pump dump scheme and we have seen million dollar scams in DeFi so 90% of the people loose money and only those who sell out timely make profits.
If people are interested in getting into crypto because of posts about get-rich-quick schemes, they will be disappointed because while altcoins and DeFi can do that, not all altcoins and DeFi can. We know that there are a lot of altcoins and DeFi in the market and unfortunately, we will never know which projects can deliver the most profit. And this is what causes many people to lose their money in investing in crypto because they choose the wrong project. They must learn that investing in altcoins and DeFi can be promising but they must have the ability to find the right project. Otherwise, they will experience the same losses over and over without being able to profit from investing in those projects.

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July 24, 2022, 08:53:38 AM
 #35

Today I read the news that in Holland, schools have banned the use of the Chrome web browser and Chrome OS due to a violation of privacy rules. What is happening with banks in China, regarding the blocking of depositors' accounts, also sounds like a wake-up call that people are tired of being under constant control. These are just a couple of examples. People want freedom, anonymity, and privacy, and we are hearing more and more calls to fight for a free person.

The times themselves show that learning Bitcoin is becoming not just an interest or hobby, but a necessity.
Fast forward to 2021/2022; they now want to be tutored about Bitcoin. I guess it's because Bitcoin has gained more traction now than it did four years ago.
I completely agree with you that those people who previously rejected bitcoin are still beginning to be interested and learn all its advantages.

People begin to learn something new, most often during a crisis or their own failures. Don't ask why everything is bad around us. It is more correct to ask how I can fix this and what I can do so that the crisis touches me personally as little as possible. Alternatively, learning about bitcoin and how to ensure your savings may be one of the right decisions.

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July 24, 2022, 09:36:18 AM
 #36

Today I read the news that in Holland, schools have banned the use of the Chrome web browser and Chrome OS due to a violation of privacy rules.
Chrome, Brave and Internet explorer are not browsers for privacy.

If Chrome breaks it and is banned in Holland, what about Brave browser and Internet explorer, now is Microsoft Edge?

Brave browser is a hilarious browser because they break their product rules for privacy by asking their users to fill KYC.

Only in schools, not all in Holland and it is on-hold, not ban. Chrome is prohibited in Dutch schools due to data security issues. If their investigation leads to more solid reasons, they will make ban, not on-hold like now.
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July 24, 2022, 09:38:02 AM
 #37

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.

How did you come at the conclusion that bitcoin would be adopted by the whole world as a decentralized global digital currency?
We all love bitcoin and wish the best for bitcoin, but if we can be very objective and realistic with the present situation of bitcoin, we will understand that it is very difficult for bitcoin to become the world digital currency.

Let us forget about the world and talk about us in this forum for a start. How many of us here use use bitcoin as a currency for buying, selling and paying for services? Very little percentage of us right? This is to tell you that the world is not interested to use bitcoin as a currency, rather as a store of value which will appreciate and give profits.
So, if bitcoin Will succeed as a currency, it should start with us.

and make them aware of the advantages and disadvantages of Bitcoin adoption
Can you let us know some of the disadvantages of bitcoin adoption?

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July 24, 2022, 11:35:23 AM
 #38

Let us forget about the world and talk about us in this forum for a start. How many of us here use use bitcoin as a currency for buying, selling and paying for services? Very little percentage of us right? This is to tell you that the world is not interested to use bitcoin as a currency, rather as a store of value which will appreciate and give profits.
So, if bitcoin Will succeed as a currency, it should start with us.

It's the scarcity that makes it difficult to become a currency we can just use casually in daily life. When I was new to bitcoin, I used it to buy some stuff online like computer games or topup some credits on my mobile phone. But as many years pass and seeing its growth, you will regret doing it and just hodl it as much as you can.

Volatility is also the issue, many people will not embrace a currency that can make them rich today and become broke tomorrow.
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July 24, 2022, 11:37:04 AM
 #39

But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme.
With the news about Bitcoin and cryptocurrencies all over the world, i think its wrong to say or believe that people lack proper awareness of Bitcoin, i personally think more than half of the entire world that have access to the internet have heard and read about Bitcoin, but what other factors are stopping every one in this category from adopting Bitcoin? i think that other factor is FEAR, fear of loosing whatever they already have, with the of scams happening and how many investors loose everything, some after hearing or reading such news are overwhelmed and gripped with fear each time the thought of investing in Bitcoin and crypto enters their head.
And on the other hand, those who are bold enough to get in want to make some money as quickly as possible to withdraw so as to prove to themselves that they weren't scammed.
In my area, i have some neighbors down my street, I tried talking to them about Bitcoin one day, and surprisingly, they told me they've heard about it and have also done some research, and when I tired to find out why they haven't invested or aren't investing like every other person in the neighborhood, they said fear, they began giving me instances upon instances of scams that they have read about, I did my best in trying to change their perspective, but then, this is just in my neighborhood, how about other hundreds of millions of people out there that have this same mis-oriented mindset towards Bitcoin and cryptocurrencies in general?

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July 24, 2022, 11:47:57 AM
 #40

The thing is this :

1. Bitcoin Volatility are drawing in the wrong people, because speculators and profit hunters are attracted to high volatility... because it provides for an opportunity to make huge profits.  Roll Eyes

2. Bitcoin pseudo anonymity attract criminals and those people give Bitcoin a bad reputation. So our task is to educated people on the "legal" uses of Bitcoin, so that more "good" people can start using Bitcoin ..than bad people.  Wink

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July 24, 2022, 12:16:52 PM
 #41

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
IMO, we are the one who is complicating the bitcoin to an average joe because they already know how to use money so if they are supposed to spend bitcoin they can and they will but the volatility of the bitcoin is making it more of an investment and speculative asset over the currency. And then its not really mandatory for everyone to know the technical knowledge of cryptocurrencies just the basic understanding of decentralization is more than enough.

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July 24, 2022, 12:24:40 PM
 #42

(....)
It's the scarcity that makes it difficult to become a currency we can just use casually in daily life. When I was new to bitcoin, I used it to buy some stuff online like computer games or topup some credits on my mobile phone. But as many years pass and seeing its growth, you will regret doing it and just hodl it as much as you can.
(....)
And also because of the price of Bitcoin why you experienced regrets especially if you use your Bitcoins before at cheap prices. But you should forget and start moving on because we all didn't know how the Bitcoin price will soar high, especially for the last few years, pure speculation.
And also it is somehow because of the supply and demand, especially the scarcity of Bitcoin. That's how Bitcoin works.

This is one of the many reasons why most people starting to use Bitcoin must educate, even basic of how Bitcoin works is a must.
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July 24, 2022, 01:10:49 PM
Merited by lovesmayfamilis (1)
 #43

~snipped~
People begin to learn something new, most often during a crisis or their own failures.
That's often the case in most instances. My question is always why wait till there's a financial emergency or crisis before doing what one ought to have embarked on under a relaxed atmosphere? As an aside, the case is even worse when you want to teach it to those around you for free. There's often that misconception that things given for free aren't valuable, especially when the person giving it isn't a flashy or flamboyant type. People want to equate one's level of achievement with flamboyant lifestyle. It's common in Africa. In Europe, those who have wealth may live in disguise especially if they aren't in showbiz but that isn't so in Africa. Most Africans like making their little wealth count as a form of intimidation to others.

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July 24, 2022, 01:33:59 PM
 #44

The thing is this :

1. Bitcoin Volatility are drawing in the wrong people, because speculators and profit hunters are attracted to high volatility... because it provides for an opportunity to make huge profits.  Roll Eyes

I am very sure, if the novices come because of this problem. Even I used to be interested in BTC because its Votality can make us profit. Maybe if only small traders will not make the market volatile. But the whales can certainly direct where the market will go.

2. Bitcoin pseudo anonymity attract criminals and those people give Bitcoin a bad reputation. So our task is to educated people on the "legal" uses of Bitcoin, so that more "good" people can start using Bitcoin ..than bad people.  Wink

It seems difficult, if indeed they already have an evil nature. Because wherever it is bad people are always there, they sometimes also have more knowledge than good people. So I think it's natural that in an innovation there are always things that are not good there.

R


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July 24, 2022, 05:47:29 PM
 #45


Bitcoin Volatility are drawing in the wrong people, because speculators and profit hunters are attracted to high volatility... because it provides for an opportunity to make huge profits. 

Due to excessive greed of some people, they make various negative comments after investing which is not relevant with Bitcoin. Due to ignorance, people are influencing only one aspect of Bitcoin, accept its multi-dimensional uses, which have a negative impact on Bitcoin. We should all know about the necessity of learning Bitcoin, its advantages and the potentiality. A consequence of this, everyone will know about its usage and authenticity as well as it will be recognized all over the world.

People have misconceptions about Bitcoin because they don't have complete knowledge about it. They're even unaware of its real purpose and function. That's why sharing awareness about Bitcoin around us will be a big help. Most people only see it as an investment without even knowing that it's volatile and has risks so once they fail, they throw negative things about Bitcoin. If more huge businesses would accept Bitcoin in the future, people will see its worth.
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July 24, 2022, 05:59:32 PM
 #46


Bitcoin Volatility are drawing in the wrong people, because speculators and profit hunters are attracted to high volatility... because it provides for an opportunity to make huge profits.

Due to excessive greed of some people, they make various negative comments after investing which is not relevant with Bitcoin. Due to ignorance, people are influencing only one aspect of Bitcoin, accept its multi-dimensional uses, which have a negative impact on Bitcoin. We should all know about the necessity of learning Bitcoin, its advantages and the potentiality. A consequence of this, everyone will know about its usage and authenticity as well as it will be recognized all over the world.

People have misconceptions about Bitcoin because they don't have complete knowledge about it. They're even unaware of its real purpose and function. That's why sharing awareness about Bitcoin around us will be a big help. Most people only see it as an investment without even knowing that it's volatile and has risks so once they fail, they throw negative things about Bitcoin. If more huge businesses would accept Bitcoin in the future, people will see its worth.
If someone do hear up about bitcoin then its either they had read it up online or just simply been hyped by someone or some friends you do have and its whether for an individual on becomes interested or not.

Of course there would  really be always some first impressions and neither you have learnt or gain up those information by yourself or been introduced by someones.When you arent really that enough
been explained that much then you would really be thinking up negatively but those things would make out sudden u-turn when you do see that it has really that money making opportunity.

Explaining Bitcoin on other people arent that bad but it would be depending if they would be showing some interest because if not then i wont really waste my time on explaining into them.

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July 24, 2022, 06:16:58 PM
 #47

IMO, we are the one who is complicating the bitcoin to an average joe because they already know how to use money so if they are supposed to spend bitcoin they can and they will but the volatility of the bitcoin is making it more of an investment and speculative asset over the currency. And then its not really mandatory for everyone to know the technical knowledge of cryptocurrencies just the basic understanding of decentralization is more than enough.

It is not enough that they just understand how to use it but also how to protect their bitcoin and other crypto. In the last bull run, many of the new crypto users are losing their crypto to scammers because they are giving away their private keys. We cannot keep new users to keep using bitcoin and crypto if we do not educate them properly. It is the least we can do to make sure that bitcoin will continue to grow.

The thing is this :

1. Bitcoin Volatility are drawing in the wrong people, because speculators and profit hunters are attracted to high volatility... because it provides for an opportunity to make huge profits.  Roll Eyes

I am very sure, if the novices come because of this problem. Even I used to be interested in BTC because its Votality can make us profit. Maybe if only small traders will not make the market volatile. But the whales can certainly direct where the market will go.

It can also be a factor to drive them out of crypto though. Once they fail to realize their profit or got rekt by volatility, they will immediately lose interest in bitcoin.

It seems difficult, if indeed they already have an evil nature. Because wherever it is bad people are always there, they sometimes also have more knowledge than good people. So I think it's natural that in an innovation there are always things that are not good there.

Anything can be used in good and bad. Do not blame the technology, blame the user. that is why we need to educate the new users so that they can protect themselves from bad individuals using bitcoin and other crypto.
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July 24, 2022, 06:49:38 PM
 #48

IMO, we are the one who is complicating the bitcoin to an average joe because they already know how to use money so if they are supposed to spend bitcoin they can and they will but the volatility of the bitcoin is making it more of an investment and speculative asset over the currency. And then its not really mandatory for everyone to know the technical knowledge of cryptocurrencies just the basic understanding of decentralization is more than enough.

It is not enough that they just understand how to use it but also how to protect their bitcoin and other crypto. In the last bull run, many of the new crypto users are losing their crypto to scammers because they are giving away their private keys. We cannot keep new users to keep using bitcoin and crypto if we do not educate them properly. It is the least we can do to make sure that bitcoin will continue to grow.

People fell for scam mostly due to their greediness and ofcourse due to technical hacks but majority of them are falling for high return fake investments which is not only for Bitcoin but for the whole thing so called money. I beleive once they enter into the field they will get better because we are not actually going to give our credit cards to anyone so the same common sense had to be here as well.

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July 24, 2022, 07:14:24 PM
 #49

I guess it's better if we hear someone approaches us and really interested about bitcoin and maybe we can teach that individual.

But as far as putting efforts and going out and telling the public about it, yeah I agree that it's better not to do that, as we all know that they might have built their idea on bitcoin already and it might not be positive. And the thing is, individuals also like to put blame on someone specially if they fail. So if by chance they lost their investment because they thought it's a get rich scheme, then perhaps you will get a bad rep and the blame is on you.
That's true, if there is a person who would love to learn more about it, then it would be much simpler to talk to them because they would be interested even before you start to talk and they would listen and learn a lot better that way. However, we are talking about something that is much better in the long run if we could do something that would teach everyone, like a blog.

We have A LOT of websites that talk about bitcoin of course, but if we could make things simpler, like seriously simple, with images to show how things are done, then we could talk about not only what bitcoin is, but what you could do in the crypto world as well and that would get a lot of clicks. Faster and better than just talking to one person.
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July 24, 2022, 08:58:30 PM
 #50

IMO, we are the one who is complicating the bitcoin to an average joe because they already know how to use money so if they are supposed to spend bitcoin they can and they will but the volatility of the bitcoin is making it more of an investment and speculative asset over the currency. And then its not really mandatory for everyone to know the technical knowledge of cryptocurrencies just the basic understanding of decentralization is more than enough.

It is not enough that they just understand how to use it but also how to protect their bitcoin and other crypto. In the last bull run, many of the new crypto users are losing their crypto to scammers because they are giving away their private keys. We cannot keep new users to keep using bitcoin and crypto if we do not educate them properly. It is the least we can do to make sure that bitcoin will continue to grow.

People fell for scam mostly due to their greediness and ofcourse due to technical hacks but majority of them are falling for high return fake investments which is not only for Bitcoin but for the whole thing so called money. I beleive once they enter into the field they will get better because we are not actually going to give our credit cards to anyone so the same common sense had to be here as well.

This is true, but I also believe that many newbies fall for the scam because of ignorance or lack of "experience." The reason being is that there are many ways to run the scams. For example, they may not understand the importance of their private key or seed phrase, or maybe they just don't have a good grasp on cryptography. Don't be the victim of a scam because of this. You should understand the risks involved and take steps to keep yourself safe and secure. And, knowledge is power; the more you know, the better you can protect yourself.

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July 24, 2022, 09:19:52 PM
 #51

But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market.
Yep. Sadly, some people invest in Bitcoin because they are influenced by a sweet story from someone who succeed to be rich by investing in Bitcoin. Those people don't care about their knowledge related to Bitcoin, they are in hurry to invest because they want to succeed as well. They just realize that investing in Bitcoin isn't so easy after they bought Bitcoin and hold it for several days or weeks. Usually, these types of people are easy to panic once there is a huge FUD, they do panic selling and exit immediately.

Well, it is very pity that many people aren't aware of their knowledge and don't focus on learning before investing, they only focus on counting the possible profits to get if Bitcoin price can increase significantly. They don't realize that Bitcoin price is unpredictable.

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
In what way do you educate people?
TBH, I am still difficult to choose a proper way to educate people around me. Most of them aren't interested in Bitcoin because they heard too many negative issues about Bitcoin. Even, some people think investing in Bitcoin is the same as gambling.


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July 24, 2022, 10:35:54 PM
 #52

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
Those people you've shared your knowledge about bitcoin will remember you but those that don't appreciate it, will just have to ignore everything that you've said.

And soon, when the price of bitcoin rises again.

They'll start to remember you and everything that you've said. We all know about it when we're in a bear market, interest decreases but when the bulls started to come in, all of them becomes interested.

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July 24, 2022, 10:50:07 PM
 #53

With the existence and the increased usage of smartphones, every level of people are well used to bitcoin. This is happening through different cryptocurrency usage applications with the user friendly interface. Only thing lacks is the real understanding about the market and about the technology that is holding the network.

Most of the common people who get into the market doesn't have any prior knowledge, just because of the money making possibility they enter the market. This is good, but they should understand the risks too. Because, unknowingly the investment made could experience a big loss out of fluctuation the next minute.

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July 25, 2022, 04:50:46 AM
 #54


Those people you've shared your knowledge about bitcoin will remember you but those that don't appreciate it, will just have to ignore everything that you've said.

And soon, when the price of bitcoin rises again.

They'll start to remember you and everything that you've said. We all know about it when we're in a bear market, interest decreases but when the bulls started to come in, all of them becomes interested.
There are many people who ignore understanding about bitcoin because they have in their mind some pre-assumptions about it that it's scam or something due to some negativity around but those who wish to understand about it will always ready to learn and appreciate your efforts for it.So you just need to focus on the positive aspect only and ignore all those who demotivate you because btc is best.

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July 25, 2022, 08:19:12 AM
 #55

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

Explaining bitcoin to people depends on the person who has knowledge of bitcoin if his intention is personal, for sure the money will be include for this matter who will get interested in bitcoin. But if the intention of a Bitcoin enthusiast is to teach people for free he will explain it without spending money. Instead, what he will show is only the features and usages that will be beneficial if they use Bitcoin, just simple as that.

In addition, even though we are currently in a bear market, this is not an obstacle for us to provide ideas or knowledge to anyone who is open-minded in this matter.

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July 25, 2022, 08:55:17 AM
 #56

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
The world won't adopt bitcoin as a solely decentralized currency. There are many regulatory barriers that prevent bitcoin features exercised as a whole, and some people just carelessly put bitcoin within a centralized entity. As a matter of a fact, it could explain why there are some institutions that treat bitcoin as non-fungible.

And yet we will see that CBDC will beg to differ.

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
Based on my experience, it works best to simply let people find the practicality and use cases of the bitcoin itself, that way, it sparks their curiosity to comprehend what bitcoin actually is.
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July 25, 2022, 11:00:48 AM
 #57

Regarding teaching bitcoin for free to other people, I can see I already did it and saw the result just less than a year after that. I had a friend he has some economic problems and couldn't save any money because of the infraction rate and food prices, so instead of giving him free money or browsing him some money with could be worthless for him, I started teaching him about investing and bitcoin in save time now after that he is completely independent and most interesting part is he even started to teach bitcoin to other people for free and that's the shining part of the story for me.

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July 25, 2022, 01:54:29 PM
 #58

Those people you've shared your knowledge about bitcoin will remember you but those that don't appreciate it, will just have to ignore everything that you've said.

And soon, when the price of bitcoin rises again.

They'll start to remember you and everything that you've said. We all know about it when we're in a bear market, interest decreases but when the bulls started to come in, all of them becomes interested.
There are many people who ignore understanding about bitcoin because they have in their mind some pre-assumptions about it that it's scam or something due to some negativity around but those who wish to understand about it will always ready to learn and appreciate your efforts for it.So you just need to focus on the positive aspect only and ignore all those who demotivate you because btc is best.
That will never be gone, that taboo on their minds about bitcoin will remain unless they start earning and owning bitcoin.

They don't have it and that's why they think that it's something negative and they shouldn't touch it by any means. But take it an example when they've become a holder of it.

For sure, they'll be one of those people that will defend it from the folks that have been the same as them before who are telling bad things about bitcoin.

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July 25, 2022, 02:30:52 PM
 #59

Those people you've shared your knowledge about bitcoin will remember you but those that don't appreciate it, will just have to ignore everything that you've said.

And soon, when the price of bitcoin rises again.

They'll start to remember you and everything that you've said. We all know about it when we're in a bear market, interest decreases but when the bulls started to come in, all of them becomes interested.
There are many people who ignore understanding about bitcoin because they have in their mind some pre-assumptions about it that it's scam or something due to some negativity around but those who wish to understand about it will always ready to learn and appreciate your efforts for it.So you just need to focus on the positive aspect only and ignore all those who demotivate you because btc is best.
That will never be gone, that taboo on their minds about bitcoin will remain unless they start earning and owning bitcoin.

They don't have it and that's why they think that it's something negative and they shouldn't touch it by any means. But take it an example when they've become a holder of it.

For sure, they'll be one of those people that will defend it from the folks that have been the same as them before who are telling bad things about bitcoin.
Most people are afraid of what they don't understand and are also afraid of change, and it's human nature that we all blame at some point in our lives.
we all have missed amazing experiences or opportunities because we are not open to change or try something new, at the same time, this trait may have saved our lives too.
and the problem is not many people know the functions and advantages of bitcoin because bitcoin will be useful for those who believe in bitcoin, otherwise they will not care even if they do there will definitely be mistakes because it is not based on sufficient knowledge which ends up hating.
bitcoin will be just right for those who are self aware and aware of their amazing functions and benefits to them. Ignore those who don't care or hate because we will know that eventually they will realize as we know the popularity and growth of bitcoin continues to grow and develop.
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July 25, 2022, 05:46:54 PM
 #60

I would not blame the newbies because they are misinformed.  I am aware how some people so hype some cryptocurrency new projects that it can make one to be rich,  it has much profits, with all this information newbies have in mind too that bitcoin can also make one to be rich , not getting to know that bitcoin is more about hodling.
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July 26, 2022, 09:36:39 AM
 #61

That will never be gone, that taboo on their minds about bitcoin will remain unless they start earning and owning bitcoin.

They don't have it and that's why they think that it's something negative and they shouldn't touch it by any means. But take it an example when they've become a holder of it.

For sure, they'll be one of those people that will defend it from the folks that have been the same as them before who are telling bad things about bitcoin.
Most people are afraid of what they don't understand and are also afraid of change, and it's human nature that we all blame at some point in our lives.
we all have missed amazing experiences or opportunities because we are not open to change or try something new, at the same time, this trait may have saved our lives too.
and the problem is not many people know the functions and advantages of bitcoin because bitcoin will be useful for those who believe in bitcoin, otherwise they will not care even if they do there will definitely be mistakes because it is not based on sufficient knowledge which ends up hating.
bitcoin will be just right for those who are self aware and aware of their amazing functions and benefits to them. Ignore those who don't care or hate because we will know that eventually they will realize as we know the popularity and growth of bitcoin continues to grow and develop.
And that's the right reaction for things that they don't know, they'll feel a need to get far away from it to set boundaries and since they don't have full knowledge about it. What they're willing to hear is all about the negativities that the others are spreading about it and that's making them more confident.

It's okay to not do new things because they've probably bad experiences in doing new things online.

I'm done ignoring those that have made fun of me when I've told them the opportunity that they can take for investing bitcoin earlier, yeah, that's before the bull run that happened last year.

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July 26, 2022, 12:46:20 PM
 #62

Quote
I would not blame the newbies because they are misinformed.  I am aware how some people so hype some cryptocurrency new projects that it can make one to be rich,  it has much profits, with all this information newbies have in mind too that bitcoin can also make one to be rich , not getting to know that bitcoin is more about hodling.
That is why they are newbies because they don't take time to know more about Bitcoin and how it can help someone to improve in the areas of business or family in the community. Bitcoin is different from fiat money because government are the one that is controlling fiat money in a particular country. But Bitcoin is not control by any countries in the world, it can pump and dump at any season without taking any permission from the government before it can dump or pump.

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July 26, 2022, 09:49:49 PM
 #63

I think the best free education on Bitcoin comes from having to use fiat for international transfers.  At least that's what I used to think when Bitcoin was being billed as a p2p payment network.  I have had plenty of experience waiting on international transfers for both work and personal reasons.  It's always a nightmare where you cross your fingers and close your eyes for a week and hope to have a happy ending that cost you a small fortune.  

Try ordering a product from Bitmain with a wire transfer at the same time as you pay with Bitcoin and you will never doubt Bitcoin's usefulness again.  
Exactly I try ordering a spare key to my car from Nissan and the key was to be shipped from abroad, even though I was charged high shopping fees for the order I still have to wait for 2 to 3 weeks for my wired transfer to get processed and it took another 4 weeks for my shipment to get to me and this experience led me to question a lot of things and how bitcoin could have provided a better faster option to the fiat currency. Most people who are aware of Bitcoin are no longer using the bank for international transfers anymore due to the delay and high fees Bitcoin can easily be used as a better alternative.
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July 26, 2022, 09:58:17 PM
 #64

I think the best free education on Bitcoin comes from having to use fiat for international transfers.  At least that's what I used to think when Bitcoin was being billed as a p2p payment network.  I have had plenty of experience waiting on international transfers for both work and personal reasons.  It's always a nightmare where you cross your fingers and close your eyes for a week and hope to have a happy ending that cost you a small fortune.  

Try ordering a product from Bitmain with a wire transfer at the same time as you pay with Bitcoin and you will never doubt Bitcoin's usefulness again.  
Exactly I try ordering a spare key to my car from Nissan and the key was to be shipped from abroad, even though I was charged high shopping fees for the order I still have to wait for 2 to 3 weeks for my wired transfer to get processed and it took another 4 weeks for my shipment to get to me and this experience led me to question a lot of things and how bitcoin could have provided a better faster option to the fiat currency. Most people who are aware of Bitcoin are no longer using the bank for international transfers anymore due to the delay and high fees Bitcoin can easily be used as a better alternative.
We know the benefits and utility but not always the case with fiat since wire transfers could neither be instantly processed but there are indeed cases which clearing out funds
does really take a lot of time which means that you would really be needing to wait a little bit further unlike when you do make use of crypto which it do really confirms out fast
which it could fasten up the transaction but the main question on here is that, not everywhere where merchants do accept crypto payments which make these things not to be
available most of the time.

We dont have any doubts about its utility since it could really do the job well but considering its decentralized then you could really expect that government
wouldnt just simply allow for this thing to flourish out.

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July 26, 2022, 10:40:06 PM
 #65

I would not blame the newbies because they are misinformed.  I am aware how some people so hype some cryptocurrency new projects that it can make one to be rich,  it has much profits, with all this information newbies have in mind too that bitcoin can also make one to be rich , not getting to know that bitcoin is more about hodling.
I can remember back in the days when i used to mine ''Pi coin'' with the sole naive aim that it will someday have value, sell it and become a millionaire overnight, but never did i know it was a total waste of time, not until i met a friend who introduce me to bitcointalk forum where i must say has taught me everything i needed to know about cryptocurrencies. So in a north-shed, it is our duty as members of this forum to educate those around use that may have seen Bitcoin as an investment scheme where you could invest x capital today and get back 2x in few days, weeks or months, by telling them the risk involved and how bitcoin actually works. Because there are so much hype about Bitcoin on social media

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July 26, 2022, 11:56:06 PM
 #66

I would not blame the newbies because they are misinformed.  I am aware how some people so hype some cryptocurrency new projects that it can make one to be rich,  it has much profits, with all this information newbies have in mind too that bitcoin can also make one to be rich , not getting to know that bitcoin is more about hodling.
I can remember back in the days when i used to mine ''Pi coin'' with the sole naive aim that it will someday have value, sell it and become a millionaire overnight, but never did i know it was a total waste of time, not until i met a friend who introduce me to bitcointalk forum where i must say has taught me everything i needed to know about cryptocurrencies. So in a north-shed, it is our duty as members of this forum to educate those around use that may have seen Bitcoin as an investment scheme where you could invest x capital today and get back 2x in few days, weeks or months, by telling them the risk involved and how bitcoin actually works. Because there are so much hype about Bitcoin on social media

Not totally an obligation because sometimes there are close minded person so if you teach those guys about this for sure they will give you a bad impression and maybe they will call you a scammer. For that I will just wait for people to come over me and ask about crypto then will teach them what I learn about it as well teach them the basic things on how to earn money from this.

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July 26, 2022, 11:57:56 PM
Last edit: July 27, 2022, 12:08:46 AM by Rigon
 #67

Of course, since I have learned Bitcoin, I will teach Bitcoin for free to everyone I have discussed Bitcoin with everyone in my circle of friends but I have not received any money from them yet.If I can educate a man on Bitcoin education, I can take his future one step further.There are many people who take a lot of money to teach people, but I personally don't like them at all.And especially I can't do it from anyone.If a person can be educated then that country can be changed.
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July 27, 2022, 12:36:16 AM
 #68

I have heard about different types of seminars on Bitcoin in my area and they claim it is free of charge. But when one attend you would be told to pay for study material and a certificate to qualify you as a Bitcoiner. This has made many people avoid such learning platforms. Giving Bitcoin education for free is one of the best ways of inspiring and welcoming people to the Bitcoin space. The truth is not all your students or target would appreciate the message but some of them would see the opportunities Bitcoin offers and appreciate this priceless currency.   

R


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July 27, 2022, 01:57:29 AM
 #69

You’re right the biggest problem around bitcoin is people being lazy and not truly learning about it. There’s still a large majority or people who are “in to crypto” simply because they want to make money, but aren’t educating themselves like they would be and learning what bitcoin really is all about. I think a big issue is even those who are looking to educate themselves, may not know where to really look. I got lucky and found the right people who taught me properly where to go for education, but many will learn from random YouTubers and twitter “personalities” who really don’t understand any of this but command attention anyhow. I think this is an issue that really over looked personally.

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July 27, 2022, 04:31:47 AM
 #70

I have heard about different types of seminars on Bitcoin in my area and they claim it is free of charge. But when one attend you would be told to pay for study material and a certificate to qualify you as a Bitcoiner. This has made many people avoid such learning platforms. Giving Bitcoin education for free is one of the best ways of inspiring and welcoming people to the Bitcoin space. The truth is not all your students or target would appreciate the message but some of them would see the opportunities Bitcoin offers and appreciate this priceless currency.   
indeed many seminars are held especially when bitcoin is a trending topic. but indeed in the end we were asked to make payments under any pretext. and I actually talked to a tutor who was actually not a cryptocurrency investor, but he held paid seminars, things like this that sometimes become a dilemma. I learned bitcoin from the beginning only from this forum and read news and shared with friends, and from that I think it is more effective because there is no tendency like what a tutor does. it's the same even though on youtube we can learn for free, but they also get income from the content

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July 28, 2022, 01:49:04 PM
 #71

And that's the right reaction for things that they don't know, they'll feel a need to get far away from it to set boundaries and since they don't have full knowledge about it. What they're willing to hear is all about the negativities that the others are spreading about it and that's making them more confident.

It's okay to not do new things because they've probably bad experiences in doing new things online.

I'm done ignoring those that have made fun of me when I've told them the opportunity that they can take for investing bitcoin earlier, yeah, that's before the bull run that happened last year.
Sometimes people believe too easily and this becomes a problem. They don't find out and read too much. So they only know at a glance and come to decide good or bad. That's what often happens around us. This matter is also what makes the crowd deceived and makes them desperate. Because they lost money. So it makes the image of everything related to the internet or online very dangerous and they try to avoid it.
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July 28, 2022, 03:54:12 PM
 #72

And that's the right reaction for things that they don't know, they'll feel a need to get far away from it to set boundaries and since they don't have full knowledge about it. What they're willing to hear is all about the negativities that the others are spreading about it and that's making them more confident.

It's okay to not do new things because they've probably had bad experiences in doing new things online.

I'm done ignoring those that have made fun of me when I've told them the opportunity that they can take for investing in bitcoin earlier, yeah, that's before the bull run that happened last year.
Sometimes people believe too easily and this becomes a problem. They don't find out and read too much. So they only know at a glance and come to decide good or bad. That's what often happens around us. This matter is also what makes the crowd deceived and makes them desperate. Because they lost money. So it makes the image of everything related to the internet or online very dangerous and they try to avoid it.
Surface knowledge is a bad attribute in any society and most people who have kicked against Bitcoin and what Bitcoin stand for are all doing that because they lack knowledge, even though just a few percent of members of the society have basic knowledge about Bitcoin. But that narrative is changing now and people are becoming more aware of Bitcoin, in some countries where Bitcoin is already a legal tender such as El 🇸🇻 Salvador there are already Bitcoin institutions and academies, this is to educate citizens on the uses of Bitcoin and how to tap into the many advances of Bitcoin as an alternative currency.
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July 30, 2022, 03:12:52 PM
 #73

Surface knowledge is a bad attribute in any society and most people who have kicked against Bitcoin and what Bitcoin stand for are all doing that because they lack knowledge, even though just a few percent of members of the society have basic knowledge about Bitcoin. But that narrative is changing now and people are becoming more aware of Bitcoin, in some countries where Bitcoin is already a legal tender such as El 🇸🇻 Salvador there are already Bitcoin institutions and academies, this is to educate citizens on the uses of Bitcoin and how to tap into the many advances of Bitcoin as an alternative currency.
those who are aware of what bitcoin is are those who understand how the bitcoin system works. Not just a digital asset but as a legal payment like in El Salvador as you said. Some people who really don't understand bitcoin and have bad experiences about bitcoin will find it difficult to wake them up, because in their minds bitcoin is a scam method that will harm them, even though they don't know what is happening to them. Bitcoin is like a double-edged sword that will give you advantages and disadvantages depending on how you use it.
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August 01, 2022, 02:25:41 AM
 #74

In a thread very similar to this one, I spoke to people so that they take Bitcoin into account, it should be said that it is money, that it is money that can be worth much more as time goes by, but that it is necessary to invest, which is much more valuable than putting money in the bank, if you talk to people like that it's easier, I've seen it in Ecuador, when people are told that bitcoin is money that right now is worth 22,000 dollars but that in a few years or in a short time it will be worth 100,000 dollars, it changes their face and they become interested, that is where you should start, and the rest, the research is done by them, the important thing is to put the main idea into it.

R


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August 01, 2022, 03:16:05 AM
Merited by Pmalek (2)
 #75

You could encourage them to buy a real product using Bitcoin.

This is a store that sells socks and it only accepts Bitcoin:



In order to make the transaction they will need to learn how to deal with Bitcoin at a basic level, and it's also fun.

This is the link to the store: https://www.mtsocks.com

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August 01, 2022, 08:55:59 PM
 #76

Bitcoin is the fastest growing currency that people ate getting to know . The first step of educating people about Bitcoin is not telling them to invest, teaching them how valuable is bitcoin.  Educating people about securing bitcoin wallet password pr seed phrase,  not sharing it will strangers .
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August 01, 2022, 09:13:17 PM
 #77

Bitcoin is the fastest growing currency that people ate getting to know . The first step of educating people about Bitcoin is not telling them to invest, teaching them how valuable is bitcoin.  Educating people about securing bitcoin wallet password pr seed phrase,  not sharing it will strangers .

I think differently, the first step before you educate someone about Bitcoin is when they're interested, coz no matter how much you explain how Bitcoin works, and all the basics if the person is not interested, he will most probably going to forget everything.
Now, the question is how do you make him to get interested in Bitcoin?
Well, show him a good result (your profit for example) or show him how convenient it is especially overseas transactions.
When you get his interest, that's the time you educate.

R


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August 01, 2022, 09:21:37 PM
 #78

This idea was the slogan that I and a group of friends raised in 2017, to spread awareness about Bitcoin and Bitcoin technology. What hinders us the most is the Blockchain platform, which causes a lot of confusion for beginners to differentiate between Blockchain as a technology and the platform that uses the word Blockchain as its name.
Today, the matter has become more complicated, especially with the quality of service provided by a giant platform such as Binance, which includes many networks that are difficult for beginners to differentiate between them, in addition to the difficulty of defining the concept of a wallet. Imagine that you can withdraw and deposit bitcoins to and from the platform using several networks, including the Ethereum network. It is not possible to teach people to distinguish between all these complications, especially if this is for free.
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August 01, 2022, 09:35:23 PM
 #79

decentralized global digital currency

This is exactly what bitcoin has come to offer and only the few who are ready to take the risk and enjoy the benefit thereof, I've seen some educatiing others about bitcoin only for them to gain traffic on their website, the only way to stay and remain secured in bitcoin and not on altcoins, using of decentralized exchange, now you can see how important is the words in quote, whereby on communicate and make transactions without any third party getting involved.
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August 06, 2022, 03:46:28 AM
 #80

I have heard about different types of seminars on Bitcoin in my area and they claim it is free of charge. But when one attend you would be told to pay for study material and a certificate to qualify you as a Bitcoiner. This has made many people avoid such learning platforms. Giving Bitcoin education for free is one of the best ways of inspiring and welcoming people to the Bitcoin space. The truth is not all your students or target would appreciate the message but some of them would see the opportunities Bitcoin offers and appreciate this priceless currency.   

In my locality, this also occurs, and it is unfortunate that such groups offer free seminars but then charge the attendees for the materials.
Nowadays, with the development of the internet and social network, I think it will be better and more convenient when we can direct people to learn bitcoin from pre-compiled and free materials on social networking platforms like youtube.

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August 06, 2022, 04:16:39 AM
 #81

Right now we've got more sources to educate ourselves. Apart from this there are people who volunteer and making more plans to educate the people around us. Even one of our forum user have spend his weekly earning to buy a laptop to educate the kids about bitcoin in his locality. So, we should also have responsibilities in spreading the word about Bitcoin. The education is core through which the real-time usage of bitcoin can be achieved in large scale.

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August 06, 2022, 05:54:38 AM
 #82

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

We all know that bitcoin is very technical when it comes to talking about it, which is why most newcomers to the crypto or bitcoin industry don't immediately understand it. That's why it is necessary for such things that if you are one of those who want to teach other people who will have an interest in knowing what it is, you as a teacher must also think of a way that it will not be complicated for what they want to learn here.

The question here is, do you want to give or teach knowledge to others about Bitcoin? Are you willing to do it for free or are you doing it because you want to make money through people who want to learn bitcoin? Because if you're going to do it for free, you must be ready to do it yourself and you must have procedure plans when teaching that.

Because the acceptance of bitcoin is not just like that that one day it is 100% you know it immediately, it is not always like that.


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August 06, 2022, 12:55:28 PM
 #83

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

We all know that bitcoin is very technical when it comes to talking about it, which is why most newcomers to the crypto or bitcoin industry don't immediately understand it. That's why it is necessary for such things that if you are one of those who want to teach other people who will have an interest in knowing what it is, you as a teacher must also think of a way that it will not be complicated for what they want to learn here.

The question here is, do you want to give or teach knowledge to others about Bitcoin? Are you willing to do it for free or are you doing it because you want to make money through people who want to learn bitcoin? Because if you're going to do it for free, you must be ready to do it yourself and you must have procedure plans when teaching that.

Because the acceptance of bitcoin is not just like that that one day it is 100% you know it immediately, it is not always like that.

There are a lot of news that Bitcoin have been used to many illegal actions and have lead to its confusion to people. That's why it is very important to know the every side of the story and if you are doubting a thing you need to do a research. Free bitcoin discussion or education will help a lot of factor of our world because it will give more opportunities to people.
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August 06, 2022, 01:10:20 PM
Merited by Pmalek (1)
 #84


There are a lot of news that Bitcoin have been used to many illegal actions and have lead to its confusion to people. That's why it is very important to know the every side of the story and if you are doubting a thing you need to do a research. Free bitcoin discussion or education will help a lot of factor of our world because it will give more opportunities to people.

Some of the news that says that bitcoin is widely used for illegal and dangerous actions is a news that is intentionally made or better known as FUD. the purpose of the news is to influence the price of bitcoin, and this is a manipulation commonly carried out by those who have control over the online media.
Each person's view will definitely be different about bitcoin, and it also depends on how deep you know the facts about bitcoin. Early education will certainly save you from negative thoughts on bitcoin and a wider view of bitcoin's point of view.

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August 06, 2022, 01:18:33 PM
 #85

Well, show him a good result (your profit for example) or show him how convenient it is especially overseas transactions.
Even though we all want to see big profits and green charts, that shouldn't be the main talking point when introducing Bitcoin to a newbie. Bitcoin goes through cycles and ups and downs. When the person you showed your profits to sees their portfolio is worth less today compared to when they bought the coins (and sooner or later it will happen), they will associate bitcoin to something negative and connected to money loss.

Your other suggestion is better. Talk about the network's strengths. The irreversibility, fungibility, lack of geographical borders, permissionless transactions, transparency, etc. 

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August 06, 2022, 01:39:22 PM
 #86

Well, show him a good result (your profit for example) or show him how convenient it is especially overseas transactions.
Even though we all want to see big profits and green charts, that shouldn't be the main talking point when introducing Bitcoin to a newbie. Bitcoin goes through cycles and ups and downs. When the person you showed your profits to sees their portfolio is worth less today compared to when they bought the coins (and sooner or later it will happen), they will associate bitcoin to something negative and connected to money loss.

Your other suggestion is better. Talk about the network's strengths. The irreversibility, fungibility, lack of geographical borders, permissionless transactions, transparency, etc. 
I totally agree with your review, when we start giving knowledge to someone, especially introducing bitcoin to anyone, and teaching them about bitcoin, we shouldn't convince them of the big profits we get, because we know bitcoin is hard for us to guess, day it's green we can wake up tomorrow morning it's red, the first thing we need to emphasize to them is how to adopt the right bitcoin, the right way to transact and how to invest, we also tell them that bitcoin can't be regulated by third parties, you are free to make transactions anywhere.

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August 06, 2022, 02:30:40 PM
 #87

Right now we've got more sources to educate ourselves. Apart from this there are people who volunteer and making more plans to educate the people around us. Even one of our forum user have spend his weekly earning to buy a laptop to educate the kids about bitcoin in his locality. So, we should also have responsibilities in spreading the word about Bitcoin. The education is core through which the real-time usage of bitcoin can be achieved in a large scale.
You are right the user who did that educational charity with his signature payment is from my local board and a Nigerian, as we all know that Nigeria is topping the list of countries with the highest crypto trading volume. And the majority of those involved in this are the youths and if we begin the education of the young ones in secondary schools about Bitcoin and cryptocurrency, it will help them to ride in the wind of the moment and if in the future cryptocurrency is adopted in Nigeria, those who have been thought will have a basic education so the adoption of Bitcoin will grow faster. Education is key and I also have a similar charity program going on going in my locality too.
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August 06, 2022, 04:02:17 PM
 #88

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

It's actually a helpful initiation to share knowledge about Bitcoin without asking for any fee for we all know that it could benefit everyone in the long run. However, it's also necessary that we'll enlighten newbies about the risks of crypto investment so they will have the right mindset and won't see it as a shortcut to getting rich.
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August 06, 2022, 04:14:01 PM
 #89

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

It's actually a helpful initiation to share knowledge about Bitcoin without asking for any fee for we all know that it could benefit everyone in the long run. However, it's also necessary that we'll enlighten newbies about the risks of crypto investment so they will have the right mindset and won't see it as a shortcut to getting rich.
I agree with you it's a double edged sword to try to educate people about cryptocurrencies, especially if you are not very cautious and don't heavily warn them about all the risks attached to investments in cryptos and the daily use of cryptocurrencies. People should keep in mind they have to manage not to only the economic risk associated to the volatility of Bitcoin and other cryptocurrencies but also the security risks of being scammed or hacked. And you won't endorse any responsibility in case of losses of money at the end.

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August 06, 2022, 04:28:20 PM
 #90

It's actually a helpful initiation to share knowledge about Bitcoin without asking for any fee for we all know that it could benefit everyone in the long run. However, it's also necessary that we'll enlighten newbies about the risks of crypto investment so they will have the right mindset and won't see it as a shortcut to getting rich.
I can't brave talk to other about bitcoin and give them education what is bitcoin kinds? I have been many time when given some thing new about investment if got profit they will happy but when first time losing money with investment we lost relationship as friend or anything else. I try without teach them because afraid bad thing at the future when investing in bitcoin, I can't guarantee with my suggestion investing in bitcoin always got much profit, how ever I have loss several percent from investment assets and looks not worry because lost my money, but when teaching and give education for the other actually the teacher have responsibility about their student losing.

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August 06, 2022, 10:14:04 PM
 #91

It's actually a helpful initiation to share knowledge about Bitcoin without asking for any fee for we all know that it could benefit everyone in the long run. However, it's also necessary that we'll enlighten newbies about the risks of crypto investment so they will have the right mindset and won't see it as a shortcut to getting rich.
I can't brave talk to other about bitcoin and give them education what is bitcoin kinds? I have been many time when given some thing new about investment if got profit they will happy but when first time losing money with investment we lost relationship as friend or anything else. I try without teach them because afraid bad thing at the future when investing in bitcoin, I can't guarantee with my suggestion investing in bitcoin always got much profit, how ever I have loss several percent from investment assets and looks not worry because lost my money, but when teaching and give education for the other actually the teacher have responsibility about their student losing.

no it is not the responsibility of the one who will teach about the losses that they will incur. just be upfront that this market is high risk when it comes to investments, you should not promise anything to them about their possible gains. just state the facts when it comes to crypto market. you are not controlling the market, so you don't know the market movement either. in this age, if they want to enhance their knowledge about crypto they can, because there are a lot of info that are already available over the net. you can also let them know the forum. this alone will give them tons of info that they can use to better themselves about crypto.

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August 07, 2022, 09:05:01 PM
 #92

The global Bitcoin adoption has been faced with a lot of criticism lately and this started right from the moment El Salvador adopted Bitcoin, some citizens complained about the lack of education and awareness before the adoption of Bitcoin in that country. This could be a flamboyant statement since Bitcoin does not require a lot of education to get a wallet set up and used which is the basic thing for Bitcoin users unless one wants to go into the technical aspect of it that is when adequate education and skills are needed.
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August 07, 2022, 09:25:00 PM
 #93

I can't brave talk to other about bitcoin and give them education what is bitcoin kinds?
That's bullshit, you've been here since 2014 and I'm sure you've talked a lot about this regardless if it's to a person or a group of your bounty friends.

I have been many time when given some thing new about investment if got profit they will happy but when first time losing money with investment we lost relationship as friend or anything else. I try without teach them because afraid bad thing at the future when investing in bitcoin, I can't guarantee with my suggestion investing in bitcoin always got much profit, how ever I have loss several percent from investment assets and looks not worry because lost my money, but when teaching and give education for the other actually the teacher have responsibility about their student losing.
I don't understand why someone so innocently believes what you say. Bitcoin is not a ponzi scheme and not a structured scam, Bitcoin is legal as an investment asset and also as a means of payment when both parties agree to make a transaction. So if you are really scared of bitcoin scams or possible scams then you should only have one account instead of many.

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August 07, 2022, 11:03:50 PM
 #94

The global Bitcoin adoption has been faced with a lot of criticism lately and this started right from the moment El Salvador adopted Bitcoin, some citizens complained about the lack of education and awareness before the adoption of Bitcoin in that country. This could be a flamboyant statement since Bitcoin does not require a lot of education to get a wallet set up and used which is the basic thing for Bitcoin users unless one wants to go into the technical aspect of it that is when adequate education and skills are needed.
It is really hard to start investing in Bitcoin if you don't have any idea or have zero knowledge but with the help of the internet, things become easier. But somehow there are wrong informations that can also be found on the internet which makes some people to doubts. In this case, educating them personally is the tool to clear their doubtful minds and eliminate those wrong information. That might not be hard but honestly, you gonna extend your patience as well knowing that there is a possible argument in the discussion and much more when it comes to technical aspects which are very important.

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August 08, 2022, 09:26:09 PM
 #95

This idea was the slogan that I and a group of friends raised in 2017, to spread awareness about Bitcoin and Bitcoin technology. What hinders us the most is the Blockchain platform, which causes a lot of confusion for beginners to differentiate between Blockchain as a technology and the platform that uses the word Blockchain as its name.
Today, the matter has become more complicated, especially with the quality of service provided by a giant platform such as Binance, which includes many networks that are difficult for beginners to differentiate between them, in addition to the difficulty of defining the concept of a wallet. Imagine that you can withdraw and deposit bitcoins to and from the platform using several networks, including the Ethereum network. It is not possible to teach people to distinguish between all these complications, especially if this is for free.
This is true of the multi wallet and its concept as the multi chain is growing and new chains are being introduced just to solve the various scalability issues that face the Bitcoin network and the entire blockchain system is revolving around but with platforms like binance we can do more and sending Bitcoin from various network has been made easy, But then this could be a tough process for most beg innermost especially those who are relatively new to blockchain technology.
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August 08, 2022, 10:07:21 PM
Last edit: August 09, 2022, 10:11:46 PM by ninis45
 #96

maybe the right way is to provide basic discourse and learning like what was done..
Mr. Magkaisa : I have started teaching Bitcoin to my Neighbors

so that it encourages someone not to think negatively because basically their interest is because the income we get is not from the bitcoin ecosystem itself, and this is an opportunity to attract them in the right direction

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August 08, 2022, 10:08:25 PM
 #97

Each of us can do our part educating people around us about bitcoin and spreading awareness to the maximum number of people as possible, so they can continue our job educating even more people until the whole world knows and understands bitcoin, althought it will be always up to every person to decide if they want to adopt bitcoin or not, what shouldn't be a concern for us at all, since what really matters is that we are doing our part.

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August 09, 2022, 12:13:23 AM
 #98

You have done a great deal to teach people around you the important things they need to know about Bitcoin. At least they're not going to be newbie any more. With the little knowledge you have offered to them, they should be able to learn form their.

  I have learn a difficult way in cryptocurrency and that made me strong enough and self determination in holding. Lot of people has been misinformed about Bitcoin investment but there are lots of good materials online now. although I have only thought few people and that's because they gave full attention.
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August 09, 2022, 11:20:28 AM
 #99

maybe the right way is to provide basic discourse and learning like what was done..
Mr. Magkaisa : I have started teaching Bitcoin to my Neighbors

so that it encourages someone not to think negatively because basically their interest is because the income we get is not from the bitcoin ecosystem itself, and this is an opportunity to attract them in the right direction
Can you please resize your image, because it's too big and covering all our screen for us using desktop..
Example... Height=150


So however, Satoshi actually did a great job with the invention of Bitcoin and now is our turn to complete the work he did 13yrs ago by spreading the knowledge about Bitcoin to the naive Newbies and those at position of been mislead by scammers, of which "Mr Magkaisa" and many others have been doing for quite a long while, which I do appreciate their efforts.

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August 09, 2022, 11:26:29 AM
 #100

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

I appreciate the efforts being made by you to teach bitcoin to the people near you however the title suggests that you have given this education free of cost. That is the right thing to do as it is not morally good that someone takes money in order to tell the basic things about bitcoin. The awareness about bitcoin should be created freely and it will be a more effective one.

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August 09, 2022, 12:13:21 PM
 #101

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

I appreciate the efforts being made by you to teach bitcoin to the people near you however the title suggests that you have given this education free of cost. That is the right thing to do as it is not morally good that someone takes money in order to tell the basic things about bitcoin. The awareness about bitcoin should be created freely and it will be a more effective one.
Awareness and initiative to provide knowledge or introduce bitcoin is a very good choice and rightfully so, because bitcoin or crypto is still considered negatively by the government which is unlikely to support the way of adoption by applying subjects or the like.
bitcoin will continue to grow and become popular thanks to the old users who took the initiative to introduce bitcoin in a different way for those who don't know and understand bitcoin, for friends, family, relatives and also the generation that we must try to teach bitcoin so that they also feel the benefits of good bitcoin .
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August 09, 2022, 01:01:50 PM
 #102

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

It’s more important for them to know first about the real purpose, use cases and fundamentals of Bitcoin as well as the risks if they decide to hop in. Of course, when I’ve educated the locals back then before the COVID-19 pandemic, I don’t let them focus on the price of Bitcoin but rather how it changes the game for us in owning the funds that we have rather than relying mostly on the banks where we didn’t have the custody of it.

Then if they decide to buy Bitcoin, I always letting them know about the risks and uncertainties such as only invest or trade an amount that they can afford to lose.

Pla
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August 09, 2022, 01:08:50 PM
 #103

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
So far I have never taught about Bitcoin, because I live in an area where in general a lot of people trade and invest on government-owned index exchanges, so generally they know about the Bitcoin process and procedure, as well as the actual uses and benefits of Bitcoin.

Of course, what you do to the people closest to you, by educating them to know Bitcoin as a beginner is a good step and idea that you do,  they will know how to take advantage of the virtues of Bitcoin as a digital currency and as an investment method, for their future financially.

R


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August 09, 2022, 09:37:32 PM
 #104

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
So far I have never taught about Bitcoin, because I live in an area where in general a lot of people trade and invest on government-owned index exchanges, so generally they know about the Bitcoin process and procedure, as well as the actual uses and benefits of Bitcoin.

Of course, what you do to the people closest to you, by educating them to know Bitcoin as a beginner is a good step and idea that you do,  they will know how to take advantage of the virtues of Bitcoin as a digital currency and as an investment method, for their future financially.
For sure they had heard of it because its impossible that it cant be intertwined or be included into those markets whenever you do make out some trades but well it does depend on someones interest though because

even you do make yourself aware but if you arent that interest then you wont really be that touching no matter what. Teaching other people is something challenging to me but i dont really have any plans because i dont

like myself to be ending up on being blamed whenever they do lost their money on the time that they do make out investment but if there are someone whose interested then explaining to them at least wont be a bad idea.

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August 09, 2022, 10:21:04 PM
 #105

maybe the right way is to provide basic discourse and learning like what was done..
Mr. Magkaisa : I have started teaching Bitcoin to my Neighbors

so that it encourages someone not to think negatively because basically their interest is because the income we get is not from the bitcoin ecosystem itself, and this is an opportunity to attract them in the right direction
Can you please resize your image, because it's too big and covering all our screen for us using desktop..
Example... Height=150

thanks for the suggestion the image has been changed sorry....
because, I didn't cut it from the author, I posted it directly
So however, Satoshi actually did a great job with the invention of Bitcoin and now is our turn to complete the work he did 13yrs ago by spreading the knowledge about Bitcoin to the naive Newbies and those at position of been mislead by scammers, of which "Mr Magkaisa" and many others have been doing for quite a long while, which I do appreciate their efforts.
you are right satoshi is a person who has contributed and provided a brilliant innovation which was rejected at first but over time the idea was proven and became one of the starting points for the creation of a new digital world

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August 09, 2022, 10:45:30 PM
 #106

The one thing that made me to like cryptocurrency is because the education foundation of it is free. Because of the people who is into cryptocurrency like to render education of cryptocurrency for free. Since i know cryptocurrency i have not seen where people are learning cryptocurrency for free. For bitcointalk forum the most of the information given in beginner's and help section to bring newbies along side to Bitcoin is free. So it's all these i seen like cryptocurrency education is free
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August 09, 2022, 11:13:51 PM
 #107

I'd see the effort you made OP. Many have made their own search online but I see it was more effective if there is someone who would teach you personally and can answer questions directly and in detail. Doing this is not easy but as you are motivated to do this, nothing will come to your mind. I hope your neighbors will never miss this chance and they will appreciate the hard work you've made in order to see the good things about Bitcoin and have the idea why many people had take the risk of investing in this.

That was the good start of their crypto journey as they understand it.

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tippytoes
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August 09, 2022, 11:36:38 PM
 #108

I'd see the effort you made OP. Many have made their own search online but I see it was more effective if there is someone who would teach you personally and can answer questions directly and in detail. Doing this is not easy but as you are motivated to do this, nothing will come to your mind. I hope your neighbors will never miss this chance and they will appreciate the hard work you've made in order to see the good things about Bitcoin and have the idea why many people had take the risk of investing in this.

That was the good start of their crypto journey as they understand it.

He can also introduce this forum to these "students" as definitely they will get tons of info that they can't find over other sites. There are important discussions that they can also get insights of, just like in installing the wallet, compiling if they want to learn, a lot of discussions when it comes to trading and new alts, and many others.
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August 10, 2022, 10:42:51 PM
 #109

This idea was the slogan that I and a group of friends raised in 2017, to spread awareness about Bitcoin and Bitcoin technology. What hinders us the most is the Blockchain platform, which causes a lot of confusion for beginners to differentiate between Blockchain as a technology and the platform that uses the word Blockchain as its name.
Today, the matter has become more complicated, especially with the quality of service provided by a giant platform such as Binance, which includes many networks that are difficult for beginners to differentiate between them, in addition to the difficulty of defining the concept of a wallet. Imagine that you can withdraw and deposit bitcoins to and from the platform using several networks, including the Ethereum network. It is not possible to teach people to distinguish between all these complications, especially if this is for free.
This is true of the multi wallet and its concept as the multi chain is growing and new chains are being introduced just to solve the various scalability issues that face the Bitcoin network and the entire blockchain system is revolving around but with platforms like binance we can do more and sending Bitcoin from various network has been made easy, But then this could be a tough process for most beg innermost especially those who are relatively new to blockchain technology.
Previously, I tried to provide lessons to users on a Facebook group specialized in buying digital products, and they were all using Bitcoin without having sufficient knowledge of the technology behind it. I used the Zoom application and tried to summarize all the issues related to the Bitcoin blockchain network and provide definitions for the concept of the wallet and the transaction and the difference between the different currencies, but unfortunately it did not work because with 30 people who started with me in the first session, there are only three left in the last session, and I think one of them Only he could comprehend it.
This made me lose hope that this would work if I re-implemented the idea then stopped it.
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August 10, 2022, 10:52:02 PM
 #110

But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market.
Indeed, can't be denied these facts. Many newbies are commonly driven by the media that can spread the news about the negative and positive sides of Bitcoin. But unfortunately, there are more FUD and negative news spreading so far. That is why many people are afraid at first before understanding the exact information about Bitcoin itself. Moreover, if this is also related to certain interests in the country, the government, the one that has the highest authority and interests may also find it easier to lead certain opinions against Bitcoin. We know how some people in the governance also don't like Bitcoin adoption and they will be the toughest parts to regulate Bitcoin.

Btw, the mindest of many newbies about Bitcoin is also about the hype and risks. the hype may lead them to expect that Bitcoin can make them rich very soon, and when they cannot, they will think that Bitcoin is a lie and scam. Besides, they may also think that Bitcoin is very risky because they can lose all money easily when the market is crashed. This is in their thought and mind, moreover, they are thinking about this without willing to learn and understand exactly what happened.

And I do agree with you, giving an explanation to people around us to make them aware without forcing them to learn or invest in Bitcoin may be wise enough. We can tell them the truth about Bitcoin basically and let them learn again and again. And one important thing is also not to believe FUD or negative news about Bitcoin easily, they need to check and crosscheck the news again and also follow the progress of the news.

R


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August 10, 2022, 10:52:57 PM
 #111


But people are often in a hurry. They first open wallets, meaning quick profits, and only after that do they learn how to use them correctly.

If you OP take small steps, your friends will definitely get interested in bitcoin.

The last thing you should tempt your friends into is investing. Until people understand all the risks, they will remain just as ignorant of all the tricks of bitcoin.
When we hear the word Bitcoin, the first thing that comes to our mind is to make quick profits through it. We unknowingly expect to profit from this, which is the biggest obstacle to the development of Bitcoin. Those of us who have a good knowledge of Bitcoin and who think about Bitcoin from a long-term perspective should increase social awareness as much as possible which can contribute to the Bitcoin revolution.
Depends actually on how you do able to hear up about bitcoin, if it do starts from those easy money rich quick scheme crypto investments then you would really be having this kind of impression towards it.but later on when your experience and awareness becomes even more better then you would definitely realize on what are the real deal and information about it not only on bitcoin but crypto as a whole and you would really
be that optimistic on sharing up the idea on other people to have at least able to grasps some opportunity and utility as well which we know that it is really that helpful.
Educating people is not easy because you would really be needing to have that patience plus enough knowledge about on what you are trying to teach.

R


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August 10, 2022, 11:36:43 PM
 #112

Education is the only thing that can make changes. With bitcoin the education need to be done in a way that it will help them stay away from scams. Because, many users have lost big with the thoughts of making big money. This ends up their cryptocurrency usage on their very first attempt and have a negative thought over cryptocurrency. So, the beginning should be the learning to stay away from scammers. Further slowly the user himself have got so many platforms to educate himself and can get the help of others.

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August 10, 2022, 11:42:04 PM
 #113

It's 2022 ! doesn't like everyone know about bitcoin already ?

Third world countries still have low bitcoin adoption rates, but they have far bigger problems to deal with instead of getting educated about bitcoin.
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August 12, 2022, 10:34:35 AM
 #114

if bitcoin were accepted as an analogue of the financial system, it might be relevant to teach elective courses in higher educational institutions or IT specialties on the basics of the same transfers of p2p wallet tools, etc.
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August 12, 2022, 10:42:05 PM
 #115

To learn about bitcoin, you definitely need a desire. You can take small steps toward explaining it in an understandable language. And until a person understands one step, it is not worth raising him to the next. In the same way, the understanding of all other things occurs.

But people are often in a hurry. They first open wallets, meaning quick profits, and only after that do they learn how to use them correctly.

If you OP take small steps, your friends will definitely get interested in bitcoin.

The last thing you should tempt your friends into is investing. Until people understand all the risks, they will remain just as ignorant of all the tricks of bitcoin.
You have said it all. Every topic in educational teaching and learning process must start from the basic. a teacher can not jump a topic to a subtopic which the students have not really understood. Like now if one has to teach bitcoin, sh/he has to start from what is bitcoin, after the rigorous explanation of the concepts then how bitcoin work plus the risk but most of the educators will not follow these steps so at the end even the persons that learned from them will end up losing bitcoin because there was no proper guide.









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August 12, 2022, 10:46:07 PM
 #116

Along with the teaching about bitcoin and other cryptocurrencies, it is always good to teach them with the real life usage of cryptocurrencies. Because, people doesn't know for what purpose this is being used and it's real potential. Rather than the usage of bitcoin and cryptocurrencies, the technology is getting used in every sector. Those things will make them know about the technology as well, than just finding it a financial product.

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August 12, 2022, 10:50:24 PM
 #117

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
because bitcoin has been used by hundreds of millions of people around the world, the government actually has to play a role in educating bitcoin, its functions and how to secure it. as a bitcoiner, I also always educate people around me about bitcoin but i know my scope is limited and it is impossible to expand the education I give about bitcoin.

R


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August 13, 2022, 08:04:04 AM
 #118

So there is a need for enlightenment on the key features and purpose of bitcoin adoption

What they basically need is sanitation, orientation we are in a world where anyone could easily get to the internet to google about any information concerning what they have heard, thought on whatever the case may be. They need to told about Bitcoin security because it means alot many people lacked the understanding on how to take precaution from how and when to showcase their keys to users, they have entirely lost their investment. Furthermore the kind of link they should click or open from their device and not to accept all offer, most scammers get users through cheap offers and newbie thinks all offers are legit by which falling into prey and being a victim.

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August 13, 2022, 09:31:28 AM
 #119

You know what, just after 2021 has passed. There are too many influencers and "educators" that I am seeing online teaching about bitcoin and cryptocurrencies. Most of them focusing on trading and they really are attracting a lot of newbies because of what they're telling. I guess it is timely because when someone hears about bitcoin, money comes into their mind and it's like sort of a rich getaway that everyone is eligible to be not unless they completely understand what it is all about.

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August 15, 2022, 01:40:11 AM
 #120

Recently I am in Ecuador, I like to grab people who are older and talk to them about bitcoin, because they are more understanding people but they are very difficult to convince, they think that everything about digital waves is a lie, it is very difficult, sometimes there are many people who understand but do not dare to buy, others if they want to buy and do not want to because they are afraid, but I like to convince and educate older adults because in any world catastrophe I do not want them to be left helpless if they depend on a bank.

R


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LLBITCRYPTO
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August 15, 2022, 02:18:47 AM
 #121

cryptocurrency influencers have a tremendous impact on spreading knowledge about cryptocurrencies, but some of these influencers also take advantage of this opportunity to take a lot of advantages by inviting people to trade and using their referral links without any clear education about what cryptocurrencies really mean and purpose. there are many ways that can be done to educate people so that they understand what we are explaining. This modern era is getting easier by providing references in the form of videos or articles that discuss bitcoin or crypto. Knowledge of bitcoin and crypto as well as the technology in it must be given early so that they are well educated and become the next generation who can develop crypto better.

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    CRYPTO WEBNEOBANK    
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August 15, 2022, 02:26:18 PM
 #122

When you talk about Bitcoin education you have to be specific in your approach because there will be no way to teach Bitcoin without your teaching and defining blockchain, and some other important aspects of the whole cryptographic.
If you only narrow your area of coverage to only Bitcoin as a subject then, the knowledge that will build will be limited to Bitcoin alone but I will suggest you go beyond that since Bitcoin gradually become a legal tender in some countries around the world.
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August 15, 2022, 04:27:11 PM
 #123

this is what i have seen since yesterday where many people panic selling because they hope to get rich in a short time with bitcoin without having to know more deeply what bitcoin is, i think educating people is a good idea and bitcoin needs people like you to educate them well about bitcoin although I know it will be difficult to make bitcoin a currency

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August 15, 2022, 05:02:37 PM
 #124

Along with the teaching about bitcoin and other cryptocurrencies, it is always good to teach them with the real life usage of cryptocurrencies. Because, people doesn't know for what purpose this is being used and it's real potential. Rather than the usage of bitcoin and cryptocurrencies, the technology is getting used in every sector. Those things will make them know about the technology as well, than just finding it a financial product.
Teaching people Bitcoin is good but one thing i noticed concerning them. Cryptocurrency is free through teaching of people and i have never seen anybody who learn cryptocurrency with money, because i have the knowledge that Bitcoin education always be free. But some people think that you most spead money before understanding the picture of cryptocurrency and the rules and regulations of cryptocurrency. Bitcoin in the country i can from is free

I do think it is more on the interest of people in knowing what cryptocurrencies (or Bitcoin) is all about.

The problem with cryptocurrencies stem from its relatively technical aspect where it can be difficult to explain it in layman's terms to a normal crowd. But once they show interest over the subject, this willingness to learn will drive their motivation to study and find out more about Bitcoin.

This kind of scenario is what is currently happening over the years ever since Bitcoin started to exist. There are countries who start using it as their legal tender; while there are also countries who prohibit the utlization of such.

R


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August 15, 2022, 05:14:45 PM
 #125

Recently I am in Ecuador, I like to grab people who are older and talk to them about bitcoin, because they are more understanding people but they are very difficult to convince, they think that everything about digital waves is a lie, it is very difficult, sometimes there are many people who understand but do not dare to buy, others if they want to buy and do not want to because they are afraid, but I like to convince and educate older adults because in any world catastrophe I do not want them to be left helpless if they depend on a bank.


I admire your courage in doing something that very few people will attempt. I know how hard it is to teach bitcoin to the elderly. Age issues, difficulties in learning and thinking of the elderly will not be as open as that of young people, they tend not to accept the new and prefer only what has been there for a long time. It's no surprise that when they're rejecting or skeptical of bitcoin, convincing them is something that I think is very difficult.

Hope you soon have an article about the journey of teaching bitcoin to the elderly.

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August 15, 2022, 05:30:56 PM
 #126

Recently I am in Ecuador, I like to grab people who are older and talk to them about bitcoin, because they are more understanding people but they are very difficult to convince, they think that everything about digital waves is a lie, it is very difficult, sometimes there are many people who understand but do not dare to buy, others if they want to buy and do not want to because they are afraid, but I like to convince and educate older adults because in any world catastrophe I do not want them to be left helpless if they depend on a bank.


I admire your courage in doing something that very few people will attempt. I know how hard it is to teach bitcoin to the elderly. Age issues, difficulties in learning and thinking of the elderly will not be as open as that of young people, they tend not to accept the new and prefer only what has been there for a long time. It's no surprise that when they're rejecting or skeptical of bitcoin, convincing them is something that I think is very difficult.

Hope you soon have an article about the journey of teaching bitcoin to the elderly.
The thing is when you have the opportunity to teach someone about Bitcoin and crypto currency first you have to take note of the motivation behind their decision, because most people thing and believe that Bitcoin and crypto is all about get reach quick schemes, and such people does not have the right mentality of the concept of crypto as an alternative to Fiat currency.
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August 15, 2022, 08:56:22 PM
 #127

Recently I am in Ecuador, I like to grab people who are older and talk to them about bitcoin, because they are more understanding people but they are very difficult to convince, they think that everything about digital waves is a lie, it is very difficult, sometimes there are many people who understand but do not dare to buy, others if they want to buy and do not want to because they are afraid, but I like to convince and educate older adults because in any world catastrophe I do not want them to be left helpless if they depend on a bank.


I admire your courage in doing something that very few people will attempt. I know how hard it is to teach bitcoin to the elderly. Age issues, difficulties in learning and thinking of the elderly will not be as open as that of young people, they tend not to accept the new and prefer only what has been there for a long time. It's no surprise that when they're rejecting or skeptical of bitcoin, convincing them is something that I think is very difficult.

Hope you soon have an article about the journey of teaching bitcoin to the elderly.
The thing is when you have the opportunity to teach someone about Bitcoin and crypto currency first you have to take note of the motivation behind their decision, because most people thing and believe that Bitcoin and crypto is all about get reach quick schemes, and such people does not have the right mentality of the concept of crypto as an alternative to Fiat currency.
Whenever you do make out some introduction specially on a person who do have zero knowledge about bitcoin or crypto as a whole on which you  should really make them fully aware about its basic utility
and next would be the money making opportunity but of course you shouldnt really forget about  to tell about the risk since this is the most important thing so that they would really be that aware
on what are the things that could possibly happen and in the case it wont really frustrate them out since their expectations had been bust up.So its better to tell everything and dont tend to make out
some guarantees about positive things since we know thats not how the market works.Its better to clarify and tell all the truth which is always been a better thing.

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August 18, 2022, 03:46:51 PM
 #128

Recently I am in Ecuador, I like to grab people who are older and talk to them about bitcoin, because they are more understanding people but they are very difficult to convince, they think that everything about digital waves is a lie, it is very difficult, sometimes there are many people who understand but do not dare to buy, others if they want to buy and do not want to because they are afraid, but I like to convince and educate older adults because in any world catastrophe I do not want them to be left helpless if they depend on a bank.
I admire your courage in doing something that very few people will attempt. I know how hard it is to teach bitcoin to the elderly. Age issues, difficulties in learning and thinking of the elderly will not be as open as that of young people, they tend not to accept the new and prefer only what has been there for a long time. It's no surprise that when they're rejecting or skeptical of bitcoin, convincing them is something that I think is very difficult.

Hope you soon have an article about the journey of teaching bitcoin to the elderly.
Age is only just a number. They may be considered as elder because of their age but there are those who still look young and has a sharp mind. The only advantage of them is that they have more experience so they are more open minded than compared to younger people which thoughts are only into games. They are less serious. We have a poll here last time which ask if what are the the age of the bitcoiners.

Most of the results are from adults like 40+ and above. That is one of the proof that older people are really in to bitcoins more than the younger ones. If we want to widen the adoption in btc then we must help educate people for free and we can do this in all ages, not all on adults.
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August 18, 2022, 10:14:32 PM
 #129

Teaching people Bitcoin is good but one thing i noticed concerning them. Cryptocurrency is free through teaching of people and i have never seen anybody who learn cryptocurrency with money, because i have the knowledge that Bitcoin education always be free. But some people think that you most spead money before understanding the picture of cryptocurrency and the rules and regulations of cryptocurrency. Bitcoin in the country i can from is free

I don't blame some people who pay to learn about bitcoin, most of the time, they usually have the wrong impression about bitcoin which is why they do fall for such mistakes. Bitcoin has made a lot of wealthy people and we have seen how it has changed lives, it usually makes it to the news and people do read them. Now, when people processed this information, they take it like that without verifying what bitcoin is all about, they take that mindset to make money with bitcoin and will be ready to spend to learn it.

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September 06, 2022, 12:17:56 AM
 #130

Bitcoin adapting well, but the problem is most newbies join the Bitcoin trend to become rich overnight. It's because they introduced Bitcoin wrongly. I know many people become rich from Bitcoin but it's impossible overnight. It's become quite important to educate people about Bitcoin technology and how it works. Besides that how the Bitcoin price works should know by every Bitcoin user. So that they will not regret upon the bear market.

yes, indeed now more and more people are teaching about bitcoin but sometimes there are those who teach bitcoin not to its roots and they only see the profit side and as if they will get rich overnight. but it would be nice to give lessons about bitcoin that must get to the roots, such as how to deal with bear market situations, and so on.
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September 06, 2022, 02:26:50 AM
 #131

teaching our family about bitcoin is actually fun. even bitcoin can break the silence in families who care less about each other.

before getting to know bitcoin my brother and I very rarely chat. but now after i teach bitcoin to my family and my brothers. unconsciously that the warmth in the family becomes felt again. we chatted more often. and of course the chat is always filled with bitcoin and cryptocurrencies in general. even my brother and I are now trading together. we share analysis and share information with each other. and it was so much fun. even we often transact with crypto.

but remember one thing. never teach anything to people who are not interested because what we say will not enter his brain at all. but start by attracting his interest. make someone or our family become interested by itself. and let them ask first. then from there we can start teaching them while practicing. because learning bitcoin to families must be accompanied by practice. because with direct practice will help the learning process more easily absorbed.

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September 06, 2022, 09:46:59 AM
 #132

One of the constrain in El Salvador Bitcoin adoption is a lack of education and proper preparation for a transformation, so the need for adequate awareness and education on Bitcoin and other crypto-related education most important educating them about wallet security and how to store the Bitcoin in a secured wallet that the user has the key.

The world is beginning to be aware of Bitcoin and this discovery has improved the innovative thinking of many bitcoin lovers and blockchain development, a project that has increased the well-being of other members of society, block chain has served in many aspects of human life and these developments hold in the highest esteem.
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September 06, 2022, 03:20:57 PM
 #133

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.
Bitcoin is legally recognized in only a few countries on paper But Bitcoin needs to spread its spread to all countries. Every person can understand about Bitcoin They need to understand what Bitcoin actually is.If everyone can be educated about Bitcoin then Bitcoin will move very fast and Bitcoin will grow in popularity.If we can give knowledge and idea about Bitcoin to the people around each house then we can be successful with Bitcoin one day.

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September 06, 2022, 05:34:28 PM
 #134

and I think to make people aware of this, education about Bitcoin is very appropriate to do apart from they will get lessons about Bitcoin they will certainly be inspired and increase motivation to want to learn about Bitcoin. now I myself have started to invite some people to learn about Cryptocurrency and they are getting interested in Bitcoin.

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September 07, 2022, 05:01:11 AM
 #135

Bitcoin is a trusted coin and has a lot of validity but it is not guaranteed to give you only profit. Everyone should learn to train well before trading in Bitcoin. Otherwise you will come into the market and eat losses because you can't tell what will happen in the market, sometimes there will be a bear market and sometimes there will be a bull market and this time if you are in the trading position, you will eat the loss and that is not the fault of Bitcoin.You need to understand when to trade and when not to trade. For that you need to acquire better knowledge about Bitcoin to be very proficient.

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September 07, 2022, 10:59:30 AM
 #136

Bitcoin is a trusted coin and has a lot of validity but it is not guaranteed to give you only profit. Everyone should learn to train well before trading in Bitcoin.

You're right, in learning there comes inndiverse opportunities that could help build a credible profile with some experience and it also opens more tenderness to maximize every potentials that comes along with bitcoin in an economy

Otherwise you will come into the market and eat losses because you can't tell what will happen in the market,

That's why you see lot of users complaining about getting negative result at the end instead of getting something better, if you don't do it the right path then it's obvious that the end result will always be an unexpected outcome

sometimes there will be a bear market and sometimes there will be a bull market and this time if you are in the trading position, you will eat the loss and that is not the fault of Bitcoin

If a user must do trading then it's a different thing entirely from investing for long term, the two must be done with an understanding of how its been done, especially trading

You need to understand when to trade and when not to trade.

All also it different types



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September 11, 2022, 09:10:24 PM
 #137

Where I am I have no family, only the people who are my neighbors and where I stay in the rent are the ones I can spread the word about bitcoin to.

Several friends who work with me have already bought bitcoin, and the strategy I used was simple, I told them that when bitcoin goes up in price it will generate more savings than putting money in a bank.

Banks often advertise when they are very bad and urgently need customers to have liquidity, but bitcoin does not, bitcoin is sustained by purchases by whales that will never drop bitcoin.

Those things are difficult for some people to understand, but in the end when I showed them several stories they believed me more.

R


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September 12, 2022, 10:47:47 AM
 #138

So if you do not know what Bitcoin is, or how Bitcoin works, so how can you ever understand the advantages of Bitcoin? We should all follow your example and try to help people understand the true potential of Bitcoin and work on spreading the word about Bitcoin as widely as possible.

It is good for us to know that Bitcoin is our future asset and a time will come when all countries will transact through these crypto currency coins. Because if you transact through the bank then you have to pay the bank fee and you have to rely on the third party. But with Bitcoin you can directly transact with a second person so you don't have to rely on a third party and don't need any charges.There is no fear of being cheated when dealing directly with the second person. So you have to agree that Bitcoin is going to be mainstream for the next decade very soon. Those who are not yet aware of Bitcoin should acquire more Bitcoin knowledge.

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September 21, 2022, 05:40:40 AM
 #139

educating people about bitcoin for free, yes, it's really amazing, and the action you take reminds me of my experience being taught by someone about bitcoin, and that person is my colleague.
and on holidays I came to his house to ask to be taught about bitcoin, and finally I was taught about bitcoin by him,. but I'm sure with so many people providing education about bitcoin, I think bitcoin will definitely be more advanced in the future.

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September 21, 2022, 08:54:19 AM
 #140

and I think to make people aware of this, education about Bitcoin is very appropriate to do apart from they will get lessons about Bitcoin they will certainly be inspired and increase motivation to want to learn about Bitcoin. now I myself have started to invite some people to learn about Cryptocurrency and they are getting interested in Bitcoin.
Bitcoin education is very necessary in our society to pass the news to people that may not have heard about Bitcoin and how we cam invest in it. With the rate many advanced countries are planning to adopt Bitcoin, I think that we make the news and people will start seeing good reasons of investing in Bitcoin especially now that the market is bear which pose a good opportunity for us to buy and hold good numbers of Bitcoin. Market is bear and soon it will be bullish so we all ha e to pass the news for people to start learning about the safety and how to hold their Bitcoin using the right wallet and means l. 

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September 21, 2022, 09:40:16 AM
 #141

and I think to make people aware of this, education about Bitcoin is very appropriate to do apart from they will get lessons about Bitcoin they will certainly be inspired and increase motivation to want to learn about Bitcoin. now I myself have started to invite some people to learn about Cryptocurrency and they are getting interested in Bitcoin.
In case of any good thing there are will have some positive and negative aspects so if there will have more positivity then that aspect should be considered. Despite the emphasis on the positive aspects of Bitcoin, the heads of government of the most countries are still talking negatively about Bitcoin. There are many governments among them who do not understand what should be done. Because they don't fully trust Bitcoin and they don't know how it works. From that point of view it can be said that in the development of Bitcoin we all need to acquire proper knowledge and as the first step we need to raise awareness and social education for the establishment of bitcoin.

I don't think the government doesn't understand bitcoin well, they understand very well how it works. But bitcoin is a decentralized protocol, it goes against the principle that everything should be controlled by them, so they don't want to accept such a thing. It must be said that the government is the biggest barrier in terms of bitcoin education for everyone and its popularity.

It is true that there are a lot of governments that don't know what to do with bitcoin but with the recent Mica bill by the US and EU governments, I think other countries will follow the bill to know how to behave with bitcoin. Once the regulation is in place, bitcoin and cryptocurrencies will become legal, bitcoin education will soon be more widely available.

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September 21, 2022, 01:04:08 PM
 #142

giving basic knowledge of understanding about bitcoin is a good way. but sometimes people get the wrong idea like thinking investing in bitcoin can get rich quickly.
like in my city, actually many know about bitcoin and crypto and also many who come to my house to ask for an explanation of how to invest in bitcoin and how to minimize losses when investing in bitcoin. but after i explain gradually they actually have high ambitions and think get rich quick from bitcoin. even though i have only explained a few stages they have rushed to their own conclusions.
once there was 1 person when i told him how bitcoin is basic and investing in bitcoin instead he went to the bank to borrow money just to buy bitcoin and ended up getting a big loss and it was as if the person was angry with me. even though it has just been explained that some stages already have their own assumptions.
so from that incident i started to think i would only give knowledge to people who have the patience to learn to invest in bitcoin so they are not too desperate to take their own steps and lose in their own way

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September 21, 2022, 01:18:02 PM
 #143

Proper education is the surest way to becoming a stable bitcoin holder, and why there have bee so much miss information in the market it because most people that hold Bitcoin are with the mindset of gaining 10x profits which always breed frustration when their desires is not forthcoming .
So the place for education should be prioritize before diving into bitcoin because is the only way the proper process will be learned and a lot of mistakes newbies make will be minimized since they already know such things as wallet and wallet securities and how to use different wallets.

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September 21, 2022, 01:30:50 PM
 #144

giving basic knowledge of understanding about bitcoin is a good way. but sometimes people get the wrong idea like thinking investing in bitcoin can get rich quickly.
like in my city, actually many know about bitcoin and crypto and also many who come to my house to ask for an explanation of how to invest in bitcoin and how to minimize losses when investing in bitcoin. but after i explain gradually they actually have high ambitions and think get rich quick from bitcoin. even though i have only explained a few stages they have rushed to their own conclusions.
once there was 1 person when i told him how bitcoin is basic and investing in bitcoin instead he went to the bank to borrow money just to buy bitcoin and ended up getting a big loss and it was as if the person was angry with me. even though it has just been explained that some stages already have their own assumptions.
so from that incident i started to think i would only give knowledge to people who have the patience to learn to invest in bitcoin so they are not too desperate to take their own steps and lose in their own way

We are forerunners and we understand the risks of rushing to invest in bitcoin without having enough knowledge about it, but it is really hard and I can say that there is no way to stop the ambition of the new entrants into the market. We just wanted to educate them about bitcoin before going any further, but given their curious nature, they are always tempted by advertising and social media marketing.
There's really no way to stop it, I'm almost helpless because my advices are almost ignored by them. For me, they will really come to their senses after they learn from their loss and start taking lessons seriously.

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September 21, 2022, 01:51:12 PM
 #145

We are forerunners and we understand the risks of rushing to invest in bitcoin without having enough knowledge about it, but it is really hard and I can say that there is no way to stop the ambition of the new entrants into the market. We just wanted to educate them about bitcoin before going any further, but given their curious nature, they are always tempted by advertising and social media marketing.
There's really no way to stop it, I'm almost helpless because my advices are almost ignored by them. For me, they will really come to their senses after they learn from their loss and start taking lessons seriously.
Before going any further and investing in huge amounts, there is no harm in providing education in advance about the correct procedure for investing in bitcoin. Everyone has a big enough ambition to make a profit when investing in bitcoin, of course we can't stop their determination to know more about bitcoin. Here the presence of the OP's role to provide education about bitcoin and the right time to invest is  very important thing how to do the best possible to make profit. Give education about bitcoin not only from profitable but also need to warn them and educate about bitcoin have two side between profit or loss. Depend moment for investing bitcoin have been on higher price or lower price, I think OP should warning with panic moment between buying bitcoin or selling bitcoin if don't on right time.

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September 21, 2022, 03:09:57 PM
 #146

-

We are forerunners and we understand the risks of rushing to invest in bitcoin without having enough knowledge about it, but it is really hard and I can say that there is no way to stop the ambition of the new entrants into the market. We just wanted to educate them about bitcoin before going any further, but given their curious nature, they are always tempted by advertising and social media marketing.
There's really no way to stop it, I'm almost helpless because my advices are almost ignored by them. For me, they will really come to their senses after they learn from their loss and start taking lessons seriously.
but now that beginners have started investing in bitcoin with their ambitions and quick get-rich-quick thoughts, now they too have realized that it is not as easy and fast as that to get big profits investing in bitcoin. it's true what you say, they will be able to learn from loss. because after that they began to learn to be more careful when they want to step into buying bitcoin again as an asset.
but on the other hand i accompany them and i give advice it is better to hold bitcoin as a long-term asset and buy bitcoin with money that is not used for daily needs.
for example, buy bitcoin with company salary of $50 and buy bitcoin every week or every month. and do that for a few years and until the bullrun comes again and the bitcoin price reaches a new ATH.
so now what i teach beginners who are a bit more ambitious is bitcoin is a long term asset that takes a lot of time and requires a lot of patience.

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September 21, 2022, 06:32:05 PM
 #147

Proper education is the surest way to becoming a stable bitcoin holder, and why there have bee so much miss information in the market it because most people that hold Bitcoin are with the mindset of gaining 10x profits which always breed frustration when their desires is not forthcoming .
So the place for education should be prioritize before diving into bitcoin because is the only way the proper process will be learned and a lot of mistakes newbies make will be minimized since they already know such things as wallet and wallet securities and how to use different wallets.
Indeed, basically everything must be based on knowledge, including bitcoin. But it is undeniable that now many are getting into bitcoin just to get rich quick. Though that is the biggest mistake, they only see when it's sweet, but when it's bitter and sour, they don't want to see. That is one of the reasons why many people fail when investing here. Because they do not know the basic concept of bitcoin itself.
How can we get profit, when we don't know what we are doing.

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September 21, 2022, 10:43:50 PM
 #148

Proper education is the surest way to becoming a stable bitcoin holder, and why there have bee so much miss information in the market it because most people that hold Bitcoin are with the mindset of gaining 10x profits which always breed frustration when their desires is not forthcoming .
So the place for education should be prioritize before diving into bitcoin because is the only way the proper process will be learned and a lot of mistakes newbies make will be minimized since they already know such things as wallet and wallet securities and how to use different wallets.
Indeed, basically everything must be based on knowledge, including bitcoin. But it is undeniable that now many are getting into bitcoin just to get rich quick. Though that is the biggest mistake, they only see when it's sweet, but when it's bitter and sour, they don't want to see. That is one of the reasons why many people fail when investing here. Because they do not know the basic concept of bitcoin itself.
How can we get profit, when we don't know what we are doing.
Cant really deny on that reason which is really indeed precise that majority of old and new ones do really come into a common belief about making easy money kind of mindset which these things would be entirely be changed up on the time you do able to gain up experience.Educating people for free is something that not people would be doing so but there are some who are really that eager or inspired on sharing up the
opportunity that they are currently experiencing which is really that a commendable kind of act which not everybody would be doing.

This doesnt only spent up some effort but also your precious time and OP did really show a good job on here on spreading up some awareness and recognition.

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September 28, 2022, 11:55:31 AM
 #149

The biggest problem I have found when trying to educate people around me on Bitcoin is the distance from and lack of exposure to the trust issues of fiat it is attempting to solve. A lot of the conversations around Bitcoin tend to be about what it is and how it works, and indeed the price, but why it exists and why it can be so incredibly important for people all over the world is not often well explained or understood.

The few people around me that had enough drive or interest to learn more about Bitcoin would eventually come across resources that underlined what Bitcoin can be to somebody in an authoritarian regime, where trust issues of money are incredibly real on a daily basis. It's that insight that seems to have provided the biggest shift in their thinking from "how can this help me get rich?" to "how can this new technology improve lives?".

The past couple of months I have made my own attempt at creating a wholesome resource to help people better understand Bitcoin in this way. The goal was to create a journey of curated resources from expert educators in the field, allowing them to first understand why Bitcoin exists and why it can be so important, and only then touch on how it works and what it is. At the same time, the hope was that they would immediately be connected with great educators and resources to learn more from if they wish to do so.

If anybody here wants to take a look at it and share your thoughts, that would be amazing. It is a free, open-source GitBook project and I hope I can get others to contribute to it as well via Gitlab, making it a community-driven resource that can improve and stay up to date over time (there are still quite some things to add, such as the different methods of obtaining, storing, and paying with bitcoin).

https://btcjourney.gitbook.io/start/

I really hope this resource can become the resource we all wish existed and could share. Really looking forward to any input or contributions you might have.
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September 28, 2022, 01:16:33 PM
 #150

The biggest problem I have found when trying to educate people around me on Bitcoin is the distance from and lack of exposure to the trust issues of fiat it is attempting to solve. A lot of the conversations around Bitcoin tend to be about what it is and how it works, and indeed the price, but why it exists and why it can be so incredibly important for people all over the world is not often well explained or understood.
Of course, changing the mindset of someone who for many years is very familiar with the centralized financial system to a decentralized financial system is not an easy matter. You have to have a lot of understanding to explain them well especially when they are not people who like highly volatile and risky currencies like bitcoin. But I don't think you have to take full responsibility for giving him an understanding, you just have to tell him the basics of understanding and then let them figure it out for themselves.

Direct them to reference sources, it can help them know a lot of things if indeed the people you teach are interested in knowing more about bitcoin. Including the following sources:
1. https://bitcoin.org/en/
2. bitcointalk.org
3. Youtube channel
4. Etc

The past couple of months I have made my own attempt at creating a wholesome resource to help people better understand Bitcoin in this way. The goal was to create a journey of curated resources from expert educators in the field, allowing them to first understand why Bitcoin exists and why it can be so important, and only then touch on how it works and what it is. At the same time, the hope was that they would immediately be connected with great educators and resources to learn more from if they wish to do so.
Every good idea should get a lot of support. Then I thought, create a thread about your efforts and explain why it would be of great value to the community instead of replying to posts in this thread that which will more than 8 pages. I'm sure your announcement will sink in.

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September 28, 2022, 02:04:47 PM
 #151

Proper education is the surest way to becoming a stable bitcoin holder, and why there have bee so much miss information in the market it because most people that hold Bitcoin are with the mindset of gaining 10x profits which always breed frustration when their desires is not forthcoming .
So the place for education should be prioritize before diving into bitcoin because is the only way the proper process will be learned and a lot of mistakes newbies make will be minimized since they already know such things as wallet and wallet securities and how to use different wallets.
Indeed, basically everything must be based on knowledge, including bitcoin. But it is undeniable that now many are getting into bitcoin just to get rich quick. Though that is the biggest mistake, they only see when it's sweet, but when it's bitter and sour, they don't want to see. That is one of the reasons why many people fail when investing here. Because they do not know the basic concept of bitcoin itself.
How can we get profit, when we don't know what we are doing.
The problem people are having,  people are too lazy to get knowledge about what they are about to go into . Some people make plans to start up a business but it is so difficult for them to make time to know more about what they are about to start up, it is similar thing most people do when they have interest to start up bitcoin investment.  They don't reason if there are things about bitcoin investment they need to know.  People only see bitcoin to be rich currency that can make investors rich, and don't care if their is anything like the dip, what they just want is profit from bitcoin.

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reagansimms
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September 29, 2022, 04:26:13 AM
Merited by fillippone (2)
 #152

The development of digital technology (Cryptocurrency) or more specifically (Bitcoin) is increasingly fast and has a significant effect on all dimensions of human life, one of which is in the financial sector. The presence of Bitcoin using blockchain technology has changed the financial system that has been used and of course gave birth to pros and cons. There are several countries that make Bitcoin a legal tender and there are also those who reject the presence of Bitcoin in their country. But despite all the pros and cons, the interest of people around the world in Bitcoin is increasing because it is resistant to inflation.

Educating ordinary people to be more familiar with cryptocurrencies, especially Bitcoin can increase people's interest in using crypto, they will not hesitate to make Bitcoin a long-term investment asset because its value is increasing from year to year. Another reason that drives people's interest in Bitcoin is because it was initially introduced to the public without value, now Bitcoin has a fantastic value and is the target of many investors.

R


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slaman29
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September 29, 2022, 05:48:31 AM
 #153

Educating ordinary people to be more familiar with cryptocurrencies, especially Bitcoin can increase people's interest in using crypto, they will not hesitate to make Bitcoin a long-term investment asset because its value is increasing from year to year. Another reason that drives people's interest in Bitcoin is because it was initially introduced to the public without value, now Bitcoin has a fantastic value and is the target of many investors.

Dudes like you just keep posting all kinds of nonsense, you're not helping people at all. Awareness and education is not about to make them "not hesitate to make Bitcoin a long-term investment"... especially if you're saying the value increases from year to year. It clearly does not, it clearly has not. From 2017 to 2018 to 2019 it went down.

Education is about moving away from investment and speculation and understanding the true value and lifechanging possibilities of Bitcoin.

So maybe before we go forth and educate we need to learn ourselves?

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September 29, 2022, 05:48:49 AM
 #154

and I think to make people aware of this, education about Bitcoin is very appropriate to do apart from they will get lessons about Bitcoin they will certainly be inspired and increase motivation to want to learn about Bitcoin. now I myself have started to invite some people to learn about Cryptocurrency and they are getting interested in Bitcoin.

If we start by ourselves to teach bitcoin to people, I think this style of the method is old, many people have done this kind of thing, and almost most of those who tried it didn't stop too soon because most people that he wants to teach is the who are not that interested in knowing about Bitcoin, although the intention and desire are good but in the end they will think badly for us.

So what I see that is good to teach is that they will come to you or us to have curiosity about bitcoin, and at least in that way we can see that they have the will to know what we are doing about bitcoin and see the reason how we survive using Bitcoin in our life in this day and age.


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September 29, 2022, 07:19:42 AM
Merited by Halab (2), fillippone (2)
 #155

Educating ordinary people to be more familiar with cryptocurrencies, especially Bitcoin can increase people's interest in using crypto, they will not hesitate to make Bitcoin a long-term investment asset because its value is increasing from year to year. Another reason that drives people's interest in Bitcoin is because it was initially introduced to the public without value, now Bitcoin has a fantastic value and is the target of many investors.

Dudes like you just keep posting all kinds of nonsense, you're not helping people at all. Awareness and education is not about to make them "not hesitate to make Bitcoin a long-term investment"... especially if you're saying the value increases from year to year. It clearly does not, it clearly has not. From 2017 to 2018 to 2019 it went down.

Education is about moving away from investment and speculation and understanding the true value and lifechanging possibilities of Bitcoin.

So maybe before we go forth and educate we need to learn ourselves?
Lol, are you sure of what you just said, there's no way El Salvador would adopt bitcoin if there wasn't a growth in value. Now let's look at the price of bitcoin when it was introduced and compare it to the price of 2022, don't you think that's an increase.

2017, 2018, 2019 Bitcoin experienced a very sad period, after what happened, Bitcoin was able to break through a new ATH. I think you need to re-examine the flow of bitcoin journey from its first introduction until 2022. Only then will you draw conclusions on my post, is it nonsense or not.

R


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AicecreaME
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September 29, 2022, 08:39:36 AM
 #156

I was doing the same OP but I stopped. I've guided some people on how cryptocurrency works, especially Bitcoin, they were happy about it in the start after they knew how much profit they could make on it in the long run. However, the impatient ones blamed me because they were keep on insisting that Bitcoin is not going to pump again, way back 2018 when bear market hits, and they did panic selling, which they regret when Bitcoin pumps again.

Since then, I never guided anyone because I'm very disappointed on what happened. You guide them, teach them, and yet they would blame you when red candles appears. I don't like those kind of people. Hopefully that would never happen to you OP.
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September 29, 2022, 09:38:42 AM
 #157

Educating ordinary people to be more familiar with cryptocurrencies, especially Bitcoin can increase people's interest in using crypto, they will not hesitate to make Bitcoin a long-term investment asset because its value is increasing from year to year. Another reason that drives people's interest in Bitcoin is because it was initially introduced to the public without value, now Bitcoin has a fantastic value and is the target of many investors.

Dudes like you just keep posting all kinds of nonsense, you're not helping people at all. Awareness and education is not about to make them "not hesitate to make Bitcoin a long-term investment"... especially if you're saying the value increases from year to year. It clearly does not, it clearly has not. From 2017 to 2018 to 2019 it went down.

Education is about moving away from investment and speculation and understanding the true value and lifechanging possibilities of Bitcoin.

So maybe before we go forth and educate we need to learn ourselves?
Lol, are you sure of what you just said, there's no way El Salvador would adopt bitcoin if there wasn't a growth in value. Now let's look at the price of bitcoin when it was introduced and compare it to the price of 2022, don't you think that's an increase.

2017, 2018, 2019 Bitcoin experienced a very sad period, after what happened, Bitcoin was able to break through a new ATH. I think you need to re-examine the flow of bitcoin journey from its first introduction until 2022. Only then will you draw conclusions on my post, is it nonsense or not.

Bitcoin education for people is to help them understand what bitcoin is, the benefits of using bitcoin over using fiat. Bitcoin was originally designed as a currency rather than an investment, but now most people view it as an investment. In my opinion, educating people about bitcoin so that they realize the benefits of bitcoin for them as bitcoin can be used as a payment method that replaces existing currency, as a store of assets...instead of just directing them to invest. That's really not good because investment doesn't always bring profit nor risk it brings. Giving them full knowledge of bitcoin and what they use it for is up to them.

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September 29, 2022, 09:41:20 AM
 #158

I was doing the same OP but I stopped. I've guided some people on how cryptocurrency works, especially Bitcoin, they were happy about it in the start after they knew how much profit they could make on it in the long run. However, the impatient ones blamed me because they were keep on insisting that Bitcoin is not going to pump again, way back 2018 when bear market hits, and they did panic selling, which they regret when Bitcoin pumps again.

Since then, I never guided anyone because I'm very disappointed on what happened. You guide them, teach them, and yet they would blame you when red candles appears. I don't like those kind of people. Hopefully that would never happen to you OP.
I guess that's what's come when you try to teach people about something they don't understand and just wanted to earn some quick bucks. Some people will hold your responsibility in case they lose money on the potential investment that you've told them.

I myself also tried to teach some of my colleagues and friends about cryptocurrency, especially bitcoin and as of now I never received any backlash from them as I've only taught them about the basic information as well as investment and potential income they could get from crypto. Also, I never suggested they invest but rather research crypto that they would like to invest in as most of it has a lot of risks. Upon telling them the profit I've generated and earned, I've also told them about the loss to better informed them about the risks.

Right now, some of them has already past me in terms of income as well as knowledge and I am happy about it.

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September 29, 2022, 04:22:00 PM
 #159

I was doing the same OP but I stopped. I've guided some people on how cryptocurrency works, especially Bitcoin, they were happy about it in the start after they knew how much profit they could make on it in the long run. However, the impatient ones blamed me because they were keep on insisting that Bitcoin is not going to pump again, way back 2018 when bear market hits, and they did panic selling, which they regret when Bitcoin pumps again.

Since then, I never guided anyone because I'm very disappointed on what happened. You guide them, teach them, and yet they would blame you when red candles appears. I don't like those kind of people. Hopefully that would never happen to you OP.
Not everyone can accept something that we think is good, sometimes we have to accept a disappointing return for what we have given them. You don't need to feel upset about what you did at that time, about them blaming you it's just a risk, after all they end up regretting what they did (when bitcoin pumped). You are lucky to be able to teach people even if they blame you.

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September 29, 2022, 05:39:18 PM
 #160

Bitcoin education for people is to help them understand what bitcoin is, the benefits of using bitcoin over using fiat. Bitcoin was originally designed as a currency rather than an investment, but now most people view it as an investment. In my opinion, educating people about bitcoin so that they realize the benefits of bitcoin for them as bitcoin can be used as a payment method that replaces existing currency, as a store of assets...instead of just directing them to invest. That's really not good because investment doesn't always bring profit nor risk it brings. Giving them full knowledge of bitcoin and what they use it for is up to them.
Looks like teaching basic fundamental and advantage about bitcoin adopt as payment currency is better than educating some people to know bitcoin as investment assets. I think with advantage have by bitcoin for payment currency faster actually for many influencer have costumer around the world and using bitcoin as alternative payment currency easy than have using other digital currency like PayPal risk with account get limit or problem later.

Little difficult educating for many people about bitcoin as payment currency digital option because nowadays they know bitcoin as investment way and want increase profit for investing in bitcoin.

Giving them full knowledge of bitcoin and what they use it for is up to them.
Giving all bitcoin price history I think make them realize and understand yet about how risk when investing in bitcoin, I think try educating and giving all history price about bitcoin years by years make them understand about risk and chance how to earn profit or loss in bitcoin.

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September 29, 2022, 05:56:36 PM
 #161

Giving them full knowledge of bitcoin and what they use it for is up to them.
Giving all bitcoin price history I think make them realize and understand yet about how risk when investing in bitcoin, I think try educating and giving all history price about bitcoin years by years make them understand about risk and chance how to earn profit or loss in bitcoin.
Educate by introducing bitcoin thoroughly, we can't choose which one we will teach them about bitcoin in the sense that we have to tell everything about bitcoin. But there are stages which we must explain first. Because not everyone will quickly understand, especially if you directly explain the benefits or risks. I think we can explain the advantages and risks of bitcoin if they are well aware of this.
If we have reached that stage, they can decide whether to enter or not and the decision is entirely in their hands.

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September 29, 2022, 06:19:42 PM
 #162

Educating ordinary people to be more familiar with cryptocurrencies, especially Bitcoin can increase people's interest in using crypto, they will not hesitate to make Bitcoin a long-term investment asset because its value is increasing from year to year. Another reason that drives people's interest in Bitcoin is because it was initially introduced to the public without value, now Bitcoin has a fantastic value and is the target of many investors.

Dudes like you just keep posting all kinds of nonsense, you're not helping people at all. Awareness and education is not about to make them "not hesitate to make Bitcoin a long-term investment"... especially if you're saying the value increases from year to year. It clearly does not, it clearly has not. From 2017 to 2018 to 2019 it went down.

Education is about moving away from investment and speculation and understanding the true value and lifechanging possibilities of Bitcoin.

So maybe before we go forth and educate we need to learn ourselves?

Yeah, the technology is far more important than the price itself but unfortunately, most people think bitcoin in terms of price and how they can make money out it.
No one really cares about the blockchain technology behind the crypto and all this stuff. People are more interested to know which year would be the possible next bull run  Huh
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September 29, 2022, 06:47:06 PM
 #163


I was doing the same OP but I stopped. I've guided some people on how cryptocurrency works, especially Bitcoin, they were happy about it in the start after they knew how much profit they could make on it in the long run. However, the impatient ones blamed me because they were keep on insisting that Bitcoin is not going to pump again, way back 2018 when bear market hits, and they did panic selling, which they regret when Bitcoin pumps again.

Since then, I never guided anyone because I'm very disappointed on what happened. You guide them, teach them, and yet they would blame you when red candles appears. I don't like those kind of people. Hopefully that would never happen to you OP.
Not everyone can accept something that we think is good, sometimes we have to accept a disappointing return for what we have given them. You don't need to feel upset about what you did at that time, about them blaming you it's just a risk, after all they end up regretting what they did (when bitcoin pumped). You are lucky to be able to teach people even if they blame you.
What I do mostly, is guide only those who show interest in what am doing because a lot of others are only after the profits. And because of the lack of knowledge of how the market work makes they are impatient when their expectations failed to come and the price goes in the opposite direction. But the thing is we must also help others who pick interest in bitcoin and the cryptocurrency market since they already build their motivation that will help them to bear the bear market when it happens and also to benefit from the profits when there is a pump.
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September 29, 2022, 11:30:04 PM
 #164

Bitcoin adapting well, but the problem is most newbies join the Bitcoin trend to become rich overnight. It's because they introduced Bitcoin wrongly. I know many people become rich from Bitcoin but it's impossible overnight. It's become quite important to educate people about Bitcoin technology and how it works. Besides that how the Bitcoin price works should know by every Bitcoin user. So that they will not regret upon the bear market.

yes, indeed, so if the teacher only provides bitcoin education incompletely or half and half it will certainly have a bad effect on students who are still beginners, because I also had the experience of learning bitcoin from someone and he taught only gave lessons about bitcoin and he gave the lesson half and half, so he didn't explain about bear markets and so on, and I also suffered losses because I didn't know about bear markets, but until finally I didn't give up and I ended up learning a lot through online like YouTube, Google and so on.

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September 29, 2022, 11:49:08 PM
 #165

I was doing the same OP but I stopped. I've guided some people on how cryptocurrency works, especially Bitcoin, they were happy about it in the start after they knew how much profit they could make on it in the long run. However, the impatient ones blamed me because they were keep on insisting that Bitcoin is not going to pump again, way back 2018 when bear market hits, and they did panic selling, which they regret when Bitcoin pumps again.

Since then, I never guided anyone because I'm very disappointed on what happened. You guide them, teach them, and yet they would blame you when red candles appears. I don't like those kind of people. Hopefully that would never happen to you OP.
We don't need to stop doing the right thing that will make people to have good understanding about how the crypto market works. I don't see any stress in that since my goal would be to inform people about another of using cryptocurrency and also understanding the market making themselves safe from scammers attempt if any.
Since Bitcoin is here to stay then we don't need to feel too especial helping people to learn about the crypto market. If 2e don't do this, I know in time to come they are going to learn it from another source apart from us.

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September 30, 2022, 08:32:52 AM
 #166

Educating ordinary people to be more familiar with cryptocurrencies, especially Bitcoin can increase people's interest in using crypto, they will not hesitate to make Bitcoin a long-term investment asset because its value is increasing from year to year. Another reason that drives people's interest in Bitcoin is because it was initially introduced to the public without value, now Bitcoin has a fantastic value and is the target of many investors.

Dudes like you just keep posting all kinds of nonsense, you're not helping people at all. Awareness and education is not about to make them "not hesitate to make Bitcoin a long-term investment"... especially if you're saying the value increases from year to year. It clearly does not, it clearly has not. From 2017 to 2018 to 2019 it went down.

Education is about moving away from investment and speculation and understanding the true value and lifechanging possibilities of Bitcoin.

So maybe before we go forth and educate we need to learn ourselves?
Lol, are you sure of what you just said, there's no way El Salvador would adopt bitcoin if there wasn't a growth in value. Now let's look at the price of bitcoin when it was introduced and compare it to the price of 2022, don't you think that's an increase.

2017, 2018, 2019 Bitcoin experienced a very sad period, after what happened, Bitcoin was able to break through a new ATH. I think you need to re-examine the flow of bitcoin journey from its first introduction until 2022. Only then will you draw conclusions on my post, is it nonsense or not.

Dude I'm 100% sure of what I said. Check what you said: year after year price goes up = wrong. Price does appreciate over the LONG TERM, but long term means many years, not annually. You need to reexamine what you wrote, if you think education and accuracy is important.

And you really thought El Salvador adopted Bitcoin? Lol Just because a dictator who abuses humans rights and murders his own people, but sits on the toilet Tweeting out that he bought Bitcoin with his people's money, doesn't make El Salvador an amazing Bitcoin paradise. When your own people are protesting, and had no choice in choosing Bitcoin but are forced to use some corporate wallet etc., that's something seriously wrong.

Yeah, the technology is far more important than the price itself but unfortunately, most people think bitcoin in terms of price and how they can make money out it.
No one really cares about the blockchain technology behind the crypto and all this stuff. People are more interested to know which year would be the possible next bull run  Huh

That's why I think education is much more than price. And in fact not even about technology... I talked about possibilities, how to change things in your life, what new windows open for you using Bitcoin, that's all.

See what I mean about real education and awareness? If you educate people about Bitcoin, they're not going to fall over buying BTC blindly just because El Salvador dictator did.

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September 30, 2022, 09:59:39 AM
 #167


Bitcoin education for people is to help them understand what bitcoin is, the benefits of using bitcoin over using fiat. Bitcoin was originally designed as a currency rather than an investment, but now most people view it as an investment. In my opinion, educating people about bitcoin so that they realize the benefits of bitcoin for them as bitcoin can be used as a payment method that replaces existing currency, as a store of assets...instead of just directing them to invest. That's really not good because investment doesn't always bring profit nor risk it brings. Giving them full knowledge of bitcoin and what they use it for is up to them.
Now there are many sources available to learn bitcoin on your own, and I think this is the best option when a person wants to learn and does it himself. If someone is forced to learn something, he will be suspicious of it and study it superficially. Another thing is if a person studies and cannot understand some points, and can't figure it out. But no one taught me, I became interested myself and searched for any available information about bitcoin, because I wanted it.
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September 30, 2022, 08:10:34 PM
 #168


Bitcoin education for people is to help them understand what bitcoin is, and the benefits of using bitcoin over using fiat. Bitcoin was originally designed as a currency rather than an investment, but now most people view it as an investment. In my opinion, educating people about bitcoin so that they realize the benefits of bitcoin for them as bitcoin can be used as a payment method that replaces existing currency, as a store of assets...instead of just directing them to invest. That's not good because investment doesn't always bring profit or risk it brings. Giving them full knowledge of bitcoin and what they use it for is up to them.
Now there are many sources available to learn bitcoin on your own, and I think this is the best option when a person wants to learn and does it himself. If someone is forced to learn something, he will be suspicious of it and study it superficially. Another thing is if a person studies and cannot understand some points, and can't figure it out. But no one taught me, I became interested myself and searched for any available information about bitcoin, because I wanted it.
The fuel for every knowledge is self-determination and control once one is determined to learn, he/she will go the extra mile to acquire such knowledge. And if given so much an opportunity as the ops provided for free it will be a great addition and support for those who will benefit from the op's selfless service and if it pleases the ops to also outline his area of coverage so that we can see how he intend to go about the curriculum.
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September 30, 2022, 08:15:47 PM
 #169

I was doing the same OP but I stopped. I've guided some people on how cryptocurrency works, especially Bitcoin, they were happy about it in the start after they knew how much profit they could make on it in the long run. However, the impatient ones blamed me because they were keep on insisting that Bitcoin is not going to pump again, way back 2018 when bear market hits, and they did panic selling, which they regret when Bitcoin pumps again.

Since then, I never guided anyone because I'm very disappointed on what happened. You guide them, teach them, and yet they would blame you when red candles appears. I don't like those kind of people. Hopefully that would never happen to you OP.

Maybe it's already a risk for everyone mentoring new people in bitcoin. I myself also feel the same way, most of them just want continuous profit but they forget that sometimes the market has time to go down for a long time. Again, human nature is greedy and it is very difficult to get rid of.

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September 30, 2022, 11:16:35 PM
 #170

Your individual efforts may not reach the masses, but you can create a butterfly effect.
Yeah, from the little impact it makes from being unnoticed but it will definitely make an effect that soon will be bigger than expected.
People who learn Bitcoin through your efforts can explain Bitcoin to others. This frequency, which starts with a small effort, can eventually create a very large wave. The individual efforts of you, me and other friends in this forum are actually very important. Without belittling these efforts, we must continue to share what we know to be true with other people.
It's like a connection that will be passed on and will only get those people that are certainly interested and won't waste the time of each other.

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September 30, 2022, 11:47:53 PM
 #171

getting someone to invest or join in bitcoin/crypto is not easy,

because they sometimes don't know what crypto/bitcoin is at all,
so it will definitely be difficult to enter an understanding or opinion about crypto/bitcoin against them,

because what I've been through,
when inviting someone to join or invest in crypto/bitcoin,
they ask

- what does bitcoin look like?
- what is bitcoin used for?
- where do bitcoins come from

they even ask what it looks like,
let me explain, bitcoin is digital money,
but they still don't understand,

so that's my experience when I invite someone to join or invest in crypto/bitcoin,

let alone the matter of the wallet, the issue of bitcoin is not yet complete.

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Smack That Ace
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October 01, 2022, 03:32:22 AM
 #172

getting someone to invest or join in bitcoin/crypto is not easy,

because they sometimes don't know what crypto/bitcoin is at all,
so it will definitely be difficult to enter an understanding or opinion about crypto/bitcoin against them,

because what I've been through,
when inviting someone to join or invest in crypto/bitcoin,
they ask

- what does bitcoin look like?
- what is bitcoin used for?
- where do bitcoins come from

they even ask what it looks like,
let me explain, bitcoin is digital money,
but they still don't understand,

so that's my experience when I invite someone to join or invest in crypto/bitcoin,

let alone the matter of the wallet, the issue of bitcoin is not yet complete.

Bitcoin education for everyone is not easy and not everyone can do it, especially it is not profitable for educators so few people are willing to do it.

Since they don't know what bitcoin is, they need our forerunners to guide them, if they already know they don't need us to do anything.

You don't have to get someone to invest in bitcoin, it shouldn't. What you should do is teach them the basics of bitcoin like how it works differently than traditional assets. Try to give them all the knowledge about bitcoin, but as to what to use bitcoin for, let them choose.

JohnBitCo
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October 01, 2022, 09:36:31 AM
 #173

getting someone to invest or join in bitcoin/crypto is not easy,

because they sometimes don't know what crypto/bitcoin is at all,
so it will definitely be difficult to enter an understanding or opinion about crypto/bitcoin against them,

because what I've been through,
when inviting someone to join or invest in crypto/bitcoin,
they ask

- what does bitcoin look like?
- what is bitcoin used for?
- where do bitcoins come from

they even ask what it looks like,
let me explain, bitcoin is digital money,
but they still don't understand,

so that's my experience when I invite someone to join or invest in crypto/bitcoin,

let alone the matter of the wallet, the issue of bitcoin is not yet complete.

Bitcoin education for everyone is not easy and not everyone can do it, especially it is not profitable for educators so few people are willing to do it.

Since they don't know what bitcoin is, they need our forerunners to guide them, if they already know they don't need us to do anything.

You don't have to get someone to invest in bitcoin, it shouldn't. What you should do is teach them the basics of bitcoin like how it works differently than traditional assets. Try to give them all the knowledge about bitcoin, but as to what to use bitcoin for, let them choose.

In my area, i have experienced that some people teach about bitcoin for free and later they suggest them to invest. Some even ask for money for investment in bitcoin and give profits on a monthly basis. It is sad that some people are also trying to scam people by giving them free education about bitcoins.
Smack That Ace
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October 02, 2022, 04:11:24 AM
 #174


```

In my area, i have experienced that some people teach about bitcoin for free and later they suggest them to invest. Some even ask for money for investment in bitcoin and give profits on a monthly basis. It is sad that some people are also trying to scam people by giving them free education about bitcoins.

It's not education, it's fraud, mate. I don't know how people educate others, but for myself, bitcoin education never talks about investing. I can only tell them that it can also be an investment but I don't want to show them how to invest. Bitcoin is not always profitable and the risk is very high, if they want, they can do their own research on social media or find someone else. For me, I just want to teach them the basics. I don't want money involved, if they make a profit it's fun, but if they lose, they will blame us and our relationship will fall apart.

Not only in your area but it is happening a lot and such scammers are moving to remote rural areas where bitcoin is not yet popular, they hold seminars from small scale to large scale. They label the sessions as learning about blockchain technology, about bitcoin, new world currency...but the ultimate goal is to entice people to invest with daily profits.

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October 02, 2022, 06:54:17 AM
 #175

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.

yes and we are getting closer to that time, when bitcoin adoption would have been unanimously a common thing for acceptability, it had suffered alot already in paying the price from those speaking against it, this more it goes the stronger it became, watch and see within a little space of time the numbers of countries that will soon join the adoption as a legal tender.

But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin

what other form of awareness could be better than the one derived from those that speak against bitcoin, they don't Know that what they do only increases the awareness for global adoption, the more they attack the wider it adoption becomes

and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme

I don't expect a newbie to come out in teaching a fellow newbie on what he himself barely knows about, that is wrong.

this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market.

this happens simply because those that introduced them to bitcoin does not take time to explain well the risk associated in bitcoin and how they can avoid running a loss instead of making profit, bitcoin is not what you can just explain with mouth within a day or two, it requires a two years + experience to know some part of it.

yes it is true I agree with your opinion, indeed to learn about bitcoin does take a long time, because I personally experienced a period of learning, because in the past I used to experience losses and panic, because I didn't know all about bitcoin and how to trade it well, but as time went on when i searched more about bitcoin online and offline, i finally understand about bitcoin, and plus from trading experience, i finally understand about how to trade well and understand the situation when the bear market comes.
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October 05, 2022, 06:36:18 AM
 #176

getting someone to invest or join in bitcoin/crypto is not easy,
actually it is not our obligation but at least our contribution to the community and the beloved cryptocurrency.
Quote
because what I've been through,
when inviting someone to join or invest in crypto/bitcoin,
they ask

- what does bitcoin look like?
- what is bitcoin used for?
- where do bitcoins come from
this can be easily check in Internet meaning if we are luring those people that Knows how to use internet then these questions will never occur at least in what I've seen?

but the problem is that if the people we are trying to educate are those people that far from civilization .
Quote
so that's my experience when I invite someone to join or invest in crypto/bitcoin,
Maybe if we are truly wanted to invite and ask them, it will be a privilege to provide?

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October 05, 2022, 02:05:21 PM
 #177

Giving theory without direct practice is a lie, they especially newbies can't fully understand your lessons without any practice that can be applied when they have started using Bitcoin. Learning basic knowledge also needs to be considered, such as how to use the right wallet to store Bitcoin, besides that they also need to know how to make transactions until they become fiat money. Basic things need to be considered so as not to be mistaken when making transactions.

Op, I think you need to make some documentation to attach here and complete with a description when this Thread is created so that other users who have the same desire as you can adopt the way you did.


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October 05, 2022, 11:40:16 PM
 #178

It is our duty to educate everyone on Bitcoin. We will definitely help those who are interested in working in Bitcoin to work in this Bitcoin.If the popularity of Bitcoin increases, it will certainly be a great gain for Bitcoin.Bitcoin customers will increase and investors will increase.Then maybe everyone will discover the popularity of Bitcoin and Bitcoin will be considered as a valuable asset by everyone around the world.

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October 06, 2022, 05:28:08 AM
 #179

Good work mate.Can you suggest some good study material to teach people about Bitcoin we can find on internet.

It's not just his responsibility. You all should teach everyone about Bitcoin. And since you are high on the forum, if senior members like you talk about Bitcoin here, new members will be interested to learn more. To get newbies interested in Bitcoin, seniors need to encourage them first.

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November 30, 2022, 07:26:38 AM
 #180

Some countries had made the bitcoin as the legal tender.So the government should allow some educational institutions to teach about the bitcoin along with their education.So the young people will get into the early adoption to the environment.The bitcoin and crypto currency will be the future economy.Many people depend on their life source based on forum and crypto currency.In four to five years,the crypto currency will become the medium of currency between two different country as like the US dollars.
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November 30, 2022, 08:22:33 AM
 #181

It seems to me that it is worth teaching those who are interested in this, and the issue of investing should not be in the first place. Many try to immediately show the advantage of investing in bitcoin, but this is a mistake, especially since it will be difficult to understand for a person who has never invested before. You need to talk about the risks and benefits, you need to start somewhere, and then if a person is interested, he can continue learning himself, there are plenty of materials on the net.

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November 30, 2022, 01:37:41 PM
 #182

Bitcoin adapting well, but the problem is most newbies join the Bitcoin trend to become rich overnight. It's because they introduced Bitcoin wrongly. I know many people become rich from Bitcoin but it's impossible overnight. It's become quite important to educate people about Bitcoin technology and how it works. Besides that how the Bitcoin price works should know by every Bitcoin user. So that they will not regret upon the bear market.

yes, indeed, so if the teacher only provides bitcoin education incompletely or half and half it will certainly have a bad effect on students who are still beginners, because I also had the experience of learning bitcoin from someone and he taught only gave lessons about bitcoin and he gave the lesson half and half, so he didn't explain about bear markets and so on, and I also suffered losses because I didn't know about bear markets, but until finally I didn't give up and I ended up learning a lot through online like YouTube, Google and so on.
Majority of newbies in crypto learnt about Bitcoin mostly during the bull runs especially when it price had peaked and invest in it, they didn't take time to learn more about season of bearish run until they they have a first time experience of a bearish run consequently a lot of them got disappointed with the downtrend of price because of fear and emotion sell off their coins probably thinking that the dumping will continue unabated, honestly it's requires a lot of courage and character not to sell as a new comer during a massive dumping, however with more knowledge and information via the internet many of them will later embrace Hodling of their bitcoin in bear market.

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December 02, 2022, 09:37:32 PM
 #183

Giving theory without direct practice is a lie, they especially newbies can't fully understand your lessons without any practice that can be applied when they have started using Bitcoin. Learning basic knowledge also needs to be considered, such as how to use the right wallet to store Bitcoin, besides that they also need to know how to make transactions until they become fiat money. Basic things need to be considered so as not to be mistaken when making transactions.

Op, I think you need to make some documentation to attach here and complete with a description when this Thread is created so that other users who have the same desire as you can adopt the way you did.


The wallet is one of the basic levels in teaching some bitcoin lessons, and any bitcoin education must start with the wallet. How to choose the right wallet and also how to protect your wallet from third party access to your private keys and wallet.

There is a wide range of various topics that could help enlighten individuals about Bitcoin that will increase the level of motivation and zeal to push further into true Bitcoin adoption.

R


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