noorman0
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February 15, 2023, 06:53:05 AM |
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-snip- Do you still try to enlighten others,
Of course not, I have other important activities in this space. Besides, explaining new things to people with different knowledge bases requires a different approach, which I don't necessarily succeed in that way. Just make sure that they fundamentally disprove the bitcoin concept, then let them be completely anti-bitcoin and you don't have to do anything else. Teaching lots of people to be welcoming is better than insisting on convincing someone to be closed off.
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This space for rent. Available in mid January 2024 - PM me
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aoluain
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February 15, 2023, 07:18:56 AM |
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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.
Thats it, its familiarity, everyone is familiar with the FIAT system and they are tied into it with salaries, loans and mortgages. Its about education both financially and Blockchain/Bitcoin but most of the time people want proof. The best proof is when Bitcoin crosses the ATH, more people will flock to Bitcoin for the wrong reasons and will still be uneducated. This also is related to the media and how they portray Bitcoin, and everyone likes to believe the media, generally speaking. I think we have all at some stage tried to teach friends and colleagues about Bitcoin and have not had successful results, there comes a time when you just have to look after #1.
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raja9167
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February 15, 2023, 07:25:02 AM |
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I can understand your frustration when it comes to discussing Bitcoin with others who may not share the same level of enthusiasm or understanding as you. It can be challenging to convey the benefits and potential of a technology or innovation to those who are skeptical or lack knowledge. However, it's important to keep in mind that people come from different backgrounds and experiences that shape their views and beliefs. It's also essential to remember that it's not your responsibility to convince others of the value of Bitcoin or any other technology. With that said, it's still worthwhile to have open discussions and share your knowledge and experiences with others who are interested in learning more. You may not be able to change someone's opinion, but you can provide them with accurate and insightful information to help them make an informed decision. In these discussions, it's important to approach the topic with an open mind and to avoid being too pushy or aggressive with your views. You can also share resources and articles to help educate them further, and encourage them to do their own research. At the end of the day, it's up to each individual to decide for themselves whether or not they believe in the potential of Bitcoin or any other innovation. All you can do is share your perspective and knowledge, and let them make up their own mind.
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Z-tight
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February 15, 2023, 07:34:30 AM |
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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?
I don't try to change people's opinion about BTC, if someone has formed an opinion about BTC, it is because of misinformation and negative news they have read about BTC online, but i also know that such people who have read the wrong information about BTC have also read the correct information too, but they have come to the conclusion on the one they want to believe, and i don't try to change that. I don't think it is possible that someone who has formed an opinion about BTC was only able to read media misconception, they must have also read accurate information about the network, so if they have made their choice, i can't try to change it. Not being selfish, but i concentrate more on my own development and knowledge in the network.
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Minor Miner
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February 15, 2023, 07:46:36 AM |
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Bitcoin value with a simply supply and demand will explain everything.
For those who have no knowledge of bitcoin, it is useless to talk about the supply, what they need is faith in bitcoin. To this day, bitcoin is still rejected by people simply because the government, the government is still the most influential authority, once they don't accept bitcoin, getting people to believe in it is tough. Suppose if the US government and other major powers simultaneously declare bitcoin as a better asset than gold, we will immediately see people's acceptance increase rapidly. Trying to explain bitcoin to someone is a waste of time, try to show them what we get for investing in bitcoin instead, that's the best way.
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PX-Z
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February 15, 2023, 10:44:44 AM |
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Bitcoin value with a simply supply and demand will explain everything.
For those who have no knowledge of bitcoin, it is useless to talk about the supply, what they need is faith in bitcoin. Faith? You are going to tell a unknowledgeable to bitcoin about "faith in bitcoin"? If you were the one who try to convince me about that bitcoin ideology then i'll be one of those peers of OP who will tell bitcoin is indeed a ponzi base on that ideology. Anyone who knows supply and demand on explaining it will gasp at least a little knowledge on how bitcoin works, on how it had a value when it doesn't have physical form because that's how bitcoin increase so much, simply because of its demand.
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taufik123
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February 15, 2023, 10:59:13 AM |
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-snip- Its about education both financially and Blockchain/Bitcoin but most of the time people want proof. The best proof is when Bitcoin crosses the ATH, more people will flock to Bitcoin for the wrong reasons and will still be uneducated.
Evidence such as an increase in the price of Bitcoin that can reach ATH is enough to make them believe. But when Bitcoin drops drastically from ATH they start to be afraid and also don't believe it. That indicates they are not mentally prepared and do not understand how bitcoin works and what the risks are. People who have good financial education and knowledge about what blockchain and cryptocurrency are, of course they will be easier to direct. When the price of bitcoin is very affordable like today, many of them (beginners) are afraid to enter. Even though this is the right time before the new ATH is reached. But when the price of bitcoin started to rise, everyone is flocking to enter and buy bitcoin at high prices. Unconsciously they have been hypnotized by Bitcoin FOMO. I think we have all at some stage tried to teach friends and colleagues about Bitcoin and have not had successful results, there comes a time when you just have to look after #1.
If you haven't gotten any results from teaching someone, then let it go. We have tried to guide them in a good direction, but they cannot accept it and are even afraid of the fluctuations that occur. But, when the bull market has started to arrive, believe me they will start looking for you.
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justdimin
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February 15, 2023, 11:23:58 AM |
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For those who have no knowledge of bitcoin, it is useless to talk about the supply, what they need is faith in bitcoin. To this day, bitcoin is still rejected by people simply because the government, the government is still the most influential authority, once they don't accept bitcoin, getting people to believe in it is tough. Suppose if the US government and other major powers simultaneously declare bitcoin as a better asset than gold, we will immediately see people's acceptance increase rapidly. Trying to explain bitcoin to someone is a waste of time, try to show them what we get for investing in bitcoin instead, that's the best way.
That is true but that is not going to happen at all, we are not going to see governments say that bitcoin is better than gold. What we could see however is governments end up saying bitcoin is good, not say better than gold but saying it is good. If that ever happens I agree that what you said may happen and I am rooting for that right now. Look at El Salvador, they basically said bitcoin is awesome, and if something even remotely close happens with bitcoin as well, then we are going to see it do so much better. We just need to have a situation where we trust bitcoin and its future and that would be a lot better for all of us at the same time.
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livingfree
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February 15, 2023, 11:40:24 AM |
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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?
Just rely on the latter. We can't change the perspective of someone towards bitcoin and what they know about it. If they lack knowledge about it, then they wouldn't care about with anything we say. I've been very vocal years ago to my friends and relatives about it. But I've lost my interest and enthusiasm in sharing it to anyone that aren't even willing to listen.
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bmwister
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February 15, 2023, 12:05:31 PM |
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In general, I believe that you don't need to convince anyone that you are right. However, you have the right to your own opinion and are free to express it, regardless of whether it coincides with your opponent's. You can simply explain something, tell about your own experience.
Especially when it comes to cryptocurrencies. Everyone has had or has their own experience in this area. Some people have good experiences, some have bad ones. No one will ever be able to come to a single point of contact. Because even if you read the media, you can find different information on different websites, and everyone will think that the truth is on their side.
Therefore, I think it is better to express your opinion, but not to prove it to anyone or convince your opponent.
Good luck!))
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aoluain
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February 15, 2023, 01:07:49 PM |
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-snip- If you haven't gotten any results from teaching someone, then let it go. We have tried to guide them in a good direction, but they cannot accept it and are even afraid of the fluctuations that occur. But, when the bull market has started to arrive, believe me they will start looking for you.
Thats a good point, surely when the next bull run hits hard and the Bitcoin market crosses the $100,000 range the media will be on it big time. So you could treat our small endeavours at teaching people as "sowing seeds" that will hopefully germinate and become healthy shoots in the future!
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OgNasty
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February 15, 2023, 02:06:45 PM |
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Wall Street has a saying about stocks needing to climb a ‘wall of worry’ in order to increase in value safely. Don’t get discouraged when people are negative about Bitcoin. They’re the wall of worry that the price will climb to go higher. When you should get worried is when everyone is positive and saying Bitcoin is going to the moon. That’s usually the time to sell.
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kryptqnick
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February 15, 2023, 05:45:15 PM |
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I think it's helpful to understand a few things about people and how we tend to act in discussions or disputes before applying it to Bitcoin, and then it might be obvious why your attempts to convince friends and colleagues weren't successful, op. So we like to think that we are rational and convinced with facts, but that's not true. We accept facts when we are open to it, and if we are convinced we are right, we ignore facts that try to disprove our beliefs. So if a person is sure that Bitcoin is useless, you need to start slow, and even then you're not likely to fully succeed. The key to successful negotiations is finding common ground. If a person thing Bitcoin is a scam, you could say that scams are terrible, and that it's sad people are being robbed like that, and that we all want to have more safety. Then you can slowly start pointing out that banks also go bankrupt, and haven't you noticed that terrible inflation going on, with food costing more? And present Bitcoin as a good alternative that has its benefits, while agreeing about the risks.
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Welsh
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February 15, 2023, 08:36:59 PM |
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I used too get annoyed, especially at family gathering where the same questions, and mostly negative comments were made. However, that's changed. I don't really talk about it much anymore, and I couldn't care less what the news is putting out. I've come less interested in reading the news in recent years, and that's not just because of the negativity towards Bitcoin, but in general. The news is very toxic, and almost always has an agenda to their stories. So, I simply cut it out of my life. The only time I get news is through actual conversations, and when I decide to do further research into it.
Honestly, most of the naysayers are wrong, and the one's that do have valid points can be mitigated through various methods. For example, Bitcoin is risky, they'd be somewhat right. However, only to those that don't understand how long it might take, and the reason why I believe Bitcoin will be successful. I could care less about it's price, it's the value it adds to my life. I don't need a third party like a bank for example. Hence, the reason I think it'll continue to be a success. Then, you've got it's deflationary aspect, which you'll never get in any other investment. The closest being property, and that's only because it kind of follows inflation, not that it is deflationary itself.
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Minor Miner
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Be A Digital Miner
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February 16, 2023, 02:42:51 AM |
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Bitcoin value with a simply supply and demand will explain everything.
For those who have no knowledge of bitcoin, it is useless to talk about the supply, what they need is faith in bitcoin. Faith? You are going to tell a unknowledgeable to bitcoin about "faith in bitcoin"? If you were the one who try to convince me about that bitcoin ideology then i'll be one of those peers of OP who will tell bitcoin is indeed a ponzi base on that ideology. Anyone who knows supply and demand on explaining it will gasp at least a little knowledge on how bitcoin works, on how it had a value when it doesn't have physical form because that's how bitcoin increase so much, simply because of its demand. Where do you think faith comes from? Why do you believe in bitcoin? Faith is not built through stories or persuasion from someone but is built from what we experience and verify for ourselves. That's why I say it's a waste of time trying to explain bitcoin to someone. I'm not explaining or trying to convince anyone, I don't have time to do that, and like I said. Show them the results we get from investing in bitcoin, their faith will start from there. Supply and demand is a factor that makes bitcoin successful, we should not ignore them when talking about bitcoin, but it is not the first factor that opens the story for bitcoin to become more attractive.
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worle1bm
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February 16, 2023, 06:19:23 AM |
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You can have these kind of discussion with your co-workers or friends but if they are not convinced about it then let it go instead of getting frustrated or influenced by their talks.Some people who have negative influences are brainwashed about btc not being good source of investment or anything else but they never care to look for it themselves but it's their loss not yours so don't get into too much talks.
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NotATether
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February 16, 2023, 07:30:05 AM |
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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.
It's mostly out of ignorance. If people have been told that some invention can be used "mainly for making money and becoming rich", then that's all they are going to see it for, even if it has actual utility beyond that. If people don't have a reason to use it e.g. their bank account wasn't shut down, then they won't bother changing their opinion. 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?
Some people never change.
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Picaflor
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February 16, 2023, 12:15:04 PM |
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Don't try and convince anyone. Stack sats and enjoy their incredibly low price suppressed by human ignorance.
They will all jump on the bandwagon eventually. Some will do that at $100k, some at $1m, some at $10m. But they all will.
And they'll say you got lucky. But you know everyone buys BTC at the price they deserve.
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Pandu Geddon
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February 16, 2023, 01:07:00 PM |
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it's easier to tell Bitcoin to someone who doesn't know anything at all, or someone a little curious and then asks us. instead of telling people who have read bad things about Bitcoin in the media. I will say, unless you try to get into the market, you will not know the truth. My advice to you, you better leave the discussion to your friends who are skeptical about Bitcoin. and you can get a better space with people who think the same as you.
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Dickiy
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February 16, 2023, 01:19:00 PM |
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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?
everyone has a different view of bitcoin and there are still many people who don't see bitcoin so when you talk about bitcoin with them it will be very tiring especially if they are not touched by bitcoin and focus on their affairs. The coolest thing in this case is if you can prove to your friends that you can be more independent and successful financially and in life, at that time I'm sure people who look down on your efforts to provide bitcoin knowledge at this point will flock - flocks to you and question how the tips and tricks can be successful and ask you to motivate them.
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