Anyone else getting deflated with the bitcoin naysayers?

[FinallyRegistered]

One of the most difficult tasks or challenges I've had is openly discussing the multitudes of positives that bitcoin has, with others that are skeptics.

I've been studying/reading/buying bitcoin since 2016. It's the best invention I've seen in my 50 years on this planet. The ability for anyone around the world, to take custody of their own money. The ability to transact with anyone, around the world, at any given time. The open ledger (blockchain) to hold all transaction accountable (that even the US Gov doesn't have).  The limited amount (21 million). The security.  The uptime.  I could go on...

But of all the discussions I've had with co-workers, friends, and relatives about bitcoin, it seems to fall on deaf ears.  In fact, if talking to more than one person, it seems to be almost a witch-hunt on how bad of a ponzi bitcoin is, and how 'it is backed by nothing', etc.

Now I realize that this reaction comes out of either fear, ignorance, or not knowing enough about it.  But no matter how hard I try to educate someone on the positives, it falls on deaf ears with some.  And it's deflating to the core.

I've been in this space for 6-7 years.  I can't imagine how tough it must be for some of you OG's.  Do you still try to enlighten others, or do you relinquish to the fact that you aren't really gonna change someone's opinion, only they can do that?

[drwhobox]

You don't need to convince everyone about bitcoin. OP you have researched and know about bitcoin since 2016, and it is clear that not everyone will accept bitcoin positively.
If you are willing to convince anyone about bitcoin/crypto do tell them about all the risks involved with bitcoin investment.

[goldkingcoiner]

Personally, I am completely done with trying to persuade the unpersuadable with the simple fact that Bitcoin > Fiat. If the ignorant wish to remain ignorant, then so be it. If they want to live their lives in poverty out of ignorance, so be it! If they want to ignore the fact that Bitcoin is the next gen money, then so be it.

Anyone wants to sell their Bitcoin? Go ahead, I will gladly buy it all up. And I will not be giving it back.

Some people are incorrigible and thats just the way the world is. The rest of us know why Bitcoin will be the global money and why it will kill banks and fiat.

[ChiBitCTy]

I try and not let peoples lack of financial awareness/intelligence get me down and deflated.  As a financial advisor I'm constantly dealing with people who have no idea what they're doing or talking about when it comes to all things finance, including bitcoin, but all you can do is educate.  Put them to the task.  Ask them "why do you feel this way?"  Or ask them to explain things such as the blockchain.. (the vast majority of people who are bitcoin naysayers can't even explain what a blockchain is.  So yeah, just push back and educate is my advice.

[PX-Z]

In fact, if talking to more than one person, it seems to be almost a witch-hunt on how bad of a ponzi bitcoin is, and how 'it is backed by nothing', etc.

A person with no idea of how ponzi work other than how it is backed by nothing is illogical calling bitcoin as ponzi.
In fact almost every local currency in the world is backed by nothing other than trust to the government itself since tge gold standard was removed.

Bitcoin value with a simply supply and demand will explain everything.

[hatshepsut93]

I've been studying/reading/buying bitcoin since 2016. It's the best invention I've seen in my 50 years on this planet. The ability for anyone around the world, to take custody of their own money. The ability to transact with anyone, around the world, at any given time. The open ledger (blockchain) to hold all transaction accountable (that even the US Gov doesn't have).  The limited amount (21 million). The security.  The uptime.  I could go on...

If Bitcoin was such a fantastic invention, everyone in the world would be using it. But when people see that no one around them uses it, it becomes very easy to dismiss it as a ponzi scheme or some other FUD narrative.

So instead of focusing on countering attacks on Bitcoin, it would be more productive to focus on convincing people to adopt it. And using old narratives that "it's a revolution", "it will replace all banks" is not going to work, people have been hearing it for years. Better show them how it can improve their lives here and now.

[Despairo]

Count me in on the Bitcoin naysayers' side

Even though I understand and trust in Bitcoin, know the potential of Bitcoin would be in the future, but when my friend or someone talk about Bitcoin with me, I try to act stupid or naysayer. This because I don't want anyone know if I hold Bitcoin because I really care with my privacy. What can you expect when you teach Bitcoin to your friend? ask them to invest Bitcoin in order to improve their financial status? it's not your business to make anyone rich.

[hd49728]

But of all the discussions I've had with co-workers, friends, and relatives about bitcoin, it seems to fall on deaf ears.  In fact, if talking to more than one person, it seems to be almost a witch-hunt on how bad of a ponzi bitcoin is, and how 'it is backed by nothing', etc.

You have to be flexible with your talks about Bitcoin to your co-workers, friends and relatives. Not all of them will show attention in what you said and not all of people actually listened to your speech will have interests in Bitcoin.

Who have interests in Bitcoin will ask you more especially after they go home and do their research.
Who don't have interests in Bitcoin, please let them be. Don't waste your time on them. They are free to listen to you or ignore you and if they think Bitcoin is a Ponzi, let them be.

Now I realize that this reaction comes out of either fear, ignorance, or not knowing enough about it.  But no matter how hard I try to educate someone on the positives, it falls on deaf ears with some.

When time comes, they will return to ask you but I believe when time comes, you will no longer have interests to educate them about that.

[mindrust]

Bitcoin don’t need us. We need bitcoin.

That’s all you gotta know and tell the bitcoin skeptics. They don’t have to hear the rest of the story and they probably won’t care anyway. When the time is right, they will have a situation where they will have to use bitcoin and then they will realize how great btc actually is. Till then, don’t waste your breathe on them.

People can produce countless of arguments to defend their current financial positions. Why try to convince them? Let them do what they want. Bitcoin don’t need us.

[Darker45]

I'm not an OG. And I think I'm not the kind of guy who will insist on others how Bitcoin is the kind of technology that provides the level of financial freedom our current fiat currency cannot. I don't even initiate conversations related to Bitcoin anymore. I used to. It's not that I don't want to share what little knowledge I have; it's just that it would be safer not to. Or it's often the case that people's impression on Bitcoin is strong enough that you might only end up misunderstood. It's better to just let them get to know Bitcoin online. There's abundant resources there anyway.

[Bazzu]

The presence of bitcoin in this world, of course, there are those who welcome it and some who don't, even when it first appeared, many rejected it, because they didn't realize how valuable bitcoin would be in the future. and in my opinion op, you do not think too much
about people who have a negative view of bitcoin.
because one day they will realize it by themselves, and people who have a negative view of bitcoin will definitely regret it, that is, regret not buying it long ago.

[rat03gopoh]

Their skepticism is mostly the result of past frustrations about several financial systems that have failed, in general it's all just offering get-rich-quick schemes.
Yeah, they may choose to close their minds to any new financial terminology next, even if it's completely different technically. However you don't have to indoctrinate them, you have to get used to opposing opinions.

[Raflesia]

What's the point of explaining to other people who are clearly against bitcoin because regardless of any facts and data the results are the same they won't like this because indeed from the start they were also very skeptical about bitcoin so we don't have to do anything about it .
It would be great if indeed we could change the beliefs of skeptical people like this, but we also don't need to waste time and convince other people to like bitcoin, especially if that person is a skeptic of bitcoin.

[vitya1982]

I never tried to enlighten anyone. I talk about crypto sometimes, but I never say something like "you should buy BTC" or "you missing out on such an opportunity". If I'll be the one to bring someone in and he'll fails in the bear market I'll be the one to blame.

[LittleBitFunny]

~~~ Do you still try to enlighten others, or do you relinquish to the fact that you aren't really gonna change someone's opinion, only they can do that?

They are like us, only believe and have faith when they do it themselves, no one can impose their thoughts on us and vice versa. Honestly, I don't want to give advice or tell someone to invest in bitcoin because I know that no matter what I say, they will never believe it. The best way to change their mind is to show them how your economy changed when you invested in bitcoin. I mean, prove to them that your bitcoin investment is making you richer than them, your economy better. What they want is the result, when you have the result, they will believe you, or they will earn their own bitcoin without your help.

[nioctib_100]

My go-to story for how Bitcoin is useful is when I had to pay a freelancer $2,000, he lived in another country, and he needed the money that day. You can't send $2,000 across borders with paypal or a bank transfer and expect the other person to receive it in anything under a week, but with Bitcoin, he got it in 10 minutes. Truly something that only Bitcoin can handle.

[Ryu_Ar1]

I personally only focus on myself in this case because I really like bitcoin and that's enough. I don't need to convince anyone else to like bitcoin especially the skeptics of it.
Your liking for bitcoins must be based on yourself and you don't need to force your will when other people don't like bitcoins.
We just have to focus on ourselves and reminding others is important but if you are against it then there is no need to convince anything else because it will be useless.

[Don Pedro Dinero]

Do you still try to enlighten others, or do you relinquish to the fact that you aren't really gonna change someone's opinion, only they can do that?

Well, no, because the fewer people who know that I have bitcoin, the better. If the subject comes up, I'll talk about it out of curiosity but without being envious of the fact that I own bitcoin. It's funny because you always find the typical know-it-all who thinks he knows a lot about the subject, tries to be an authority on the subject and in reality makes a fool of himself.

[davis196]

There's no point trying to explain Bitcoin to someone, who doesn't understand finance and economics. The people are used to fiat money, because this is what they have been using on a daily basis for their entire lives. There are several things that scare them away from Bitcoin:
1.The price volatility.
2.The "opportunity" to forget their passwords/private keys and lose all the BTC in their wallets forever(or sending BTC to the wrong address).
3.The amount of crypto scams, that are offering something that is too good to be true.
4.The centralized crypto exchanges blocking their funds for some BS reason or they are simply getting hacked(or turning into exit scams).
There are plenty of reasons for the people to be scared of Bitcoin/crypto. That's why mass global adoption of BTC hasn't become a reality.
I'm a Bitcoiner, but I still believe that the crypto industry is far from perfect.

[Dave1]

I'm not an OG, but been in the market at the height of 2017 and sure majority of us here have been around that time frame, first time for us to be in a very nice year to be involved in bitcoin. Nevertheless, I understand where you coming from, there are a lot of negativity in bitcoin, we have the old and traditional stock brokers and investors calling it every possible, Like Warren Buffett stance 'it isn't going to do anything' statement.

But as Satoshi himself said,

“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.”