More Awareness needed, 100$ or Bitcoin???

[kro55]

Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin

Nice try OP!  These dumb kids have no idea about bitcoin so they will choose a 100$. I would rather surprise if they choose bitcoin over 100$. They thought bitcoin is some currency used in game.

The interviewer guy should ask a random guy on the street instead of asking a kid.

That's right, and I don't think these are kids. If I'm not wrong these are young generation who are much used to technology and everyone are much used to smartphones. Even in such situation these people not knowing about bitcoin is something unusual. Anyhow after this video few might search for bitcoin and feel bad of not opting to go with bitcoin and falling for mere $100 in cash.

Nothing is out of the ordinary in this situation, not everyone with access to technology or using a smartphone will know everything. I mean, many kids are still surrounded by their parents, and they don't need to worry about money, even if they've heard of bitcoin before, they won't care. Young people today are interested in bitcoin because they need money, and what they care about is money, so kids who are given money by their parents won't care about bitcoins or anything else.
I don't think they will believe in bitcoin even if they search for bitcoin later, faith in bitcoin cannot be created just by watching a few videos. If they find negative videos about bitcoin, they will feel they were right to choose $100 instead of 1 BTC.

[Sanitough]

Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin

Let’s just say not all kids are into latest technology. They might have not known bitcoin for all their lives, or they have heard about it but were never aware of its current value. Furthermore, if their country is also banning bitcoin, so expect that they would still chose $100 that can be used instantly, rather than choosing bitcoin where it can’t be used in their own country.

[yazher]

This is just like taking the mystery gifts or the cash the man's holding. Of course, most of the people who have been offered those choices will prefer to take the money in front of them because they want assurance over mysteries and also this is what going to happen if you ask them which one they want BTC or money. They probably don't have any BTC wallet because no one has given them a small number of bitcoins before and that's why they only took the money. As we can see in the mainstream media, there are only a few promotions about bitcoins and not so many people are interested in such but if they offer free BTC to create accounts on exchanges, I think it should suffice to promote it for those kids that next time they will gonna choose BTC over $100 cash.

[laurenB7742]

The kids never took time, all of the sudden chosen 100$.

I think awareness is a really big problem right now. A lot of grown-up people don't even know what bitcoin is or think that it's funny money. The problem with kids is even more serious. Parents don't even think that it's important to explain to kids what bitcoin is because it's the money of their future and by ignoring bitcoin, you are now giving your kids a chance to be ahead of the progress. They literally can start accumulating bitcoin and by the time they will be 25, they will have millions in bitcoins. I don't know why some people don't realize it.

Because even parents, many adults do not know about bitcoin, how can they educate their children about bitcoin? Bitcoin is growing very fast, but that does not mean that everyone knows about bitcoin and not everyone is ready to accept it. We are fortunate people to know bitcoin very early, so we should take advantage of this in educating our children. I'm not sure my kids will love bitcoin as much as I do, but I'll still educate them about bitcoin when they're old enough.

[GideonGono]

Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin

Even though that it is scripted and most see it as stupid or dumb video, it is still frustrating and funny to watch.
But for real this video made me realize that most of us would really pick the choice that we think that is much better than the other one and in real life most of us are foolish enough to do it not knowing the worth of the other options that we have.
We tend to settle for what we think that is good for us not knowing that there are better options out there.

[bounceback]

I don't think teenagers know what bitcoin is. Otherwise, they would choose bitcoin over $100 because they see how much bitcoin is worth now and in the future. Maybe they don't realize that there are bitcoins that can give them more profits. But maybe once they learn about bitcoin, they'll regret choosing $100. They saw a $100 bill in hand, so they chose it. This is psychology and it happens in many other places as well. They should find out on the internet instead of just spending time having fun with their friends.

Unfortunately, this teenager missed a big opportunity because he preferred $100 worth of fiat currency over bitcoin. I'm sure after going home and finding out about bitcoin information on the internet he will definitely regret not choosing bitcoin.
Seeing the current adoption of bitcoin which continues to increase among the public, hasn't bitcoin been discussed in almost all media, especially in online media, so that makes me not sure if the man didn't know anything about bitcoin, but maybe he chose fiat money at that time because really need money to buy goods or for other purposes.

[AverageGlabella]

Never believe these videos they probably asked 100 of people on the day and a lot of people said btc and they cut them out. Most people know how much btc is worth because it has been on the main stream news. Any one that does not has been living under a rock. I have many friends that do not know I am invested in btc and they talk about the price even if they are not invested too.

I know some might get confused in the moment and think 1 btc is lower then 100 because they think 1 btc = 1 usd but I do not believe as many people in the video think this because it is common knowledge that the price of 1 btc does not equal 1 usd. These videos are staged or satire just to entertain the audience normal people do not answer like this.

[EFS]

It's not possible to get an idea about a generation with a selected example. If the video was real, and from their reactions it looked like it was real, the girls probably thought Bitcoin was some kind of game money or something like that. They paid the price for their ignorance by missing a great opportunity. On the other hand if they chose Bitcoin, would the guy who took the video give 1 Bitcoin to them, that's debatable. You shouldn't put too much meaning into these kind of videos.

[panganib999]

Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin

Not just about awareness. It's more on the fact of postulates set on a kid's mind. For instance, these kids you mentioned, will most likely know what a dollar is, and less likely to know what bitcoins are, if they even know it existed. That being said, these kids are expected to choose cash over bitcoin, just over the fact alone that bitcoin is something that is not imposed upon a child while it is developing.

In all seriousness, I wouldn't trust my kid if I ever had one with bitcoins, especially in an early age. It's one thing to educate and inform them, it's another to leave them unattended with bitcoins and subject themselves to pretty adult things.

[Kasabus]

Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin

Education is the only way so that people will start to be aware even on things that are not seen in physical, but are still valuable. However, it’s normal for kids to choose $100 compared to 1 bitcoin, because even if they know about bitcoin, the fact that it still need to be converted so it won’t be used instantly, than to stick with $100 and you can use to buy them immediately. But for adults who are aware already about bitcoin and it’s corresponding value, for sure they will be smart enough to chose bitcoin over $100.

[jaberwock]

Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

Not realizing and not knowing the difference is definitely their own fault, and I would definitely not look to include them in the future. Our aim shouldn't be to get these people included actually, it wouldn't benefit us if they learned the price of bitcoin and be more aware of the crypto space, it would be a lot better if we could end up getting the attention of huge companies.

Because those companies who can spend over a billion dollars on bitcoin purchases (and there are more than one, there are plenty) also have friends in every industry, which means that it could spread the information of bitcoin much faster than us. Both the price would go up, and it would be better for awareness.

[Dr.Bitcoin_Strange]

It all depends. I think some parents are now beginning to introduce Bitcoin and financial management to their kids. If that video is real, then I assume the girls may have heard about Bitcoin but don't know its value. It's great to educate those around us about Bitcoin so they're aware and, at the very least, don't miss out on opportunities like this, but I doubt the interviewer was prepared to give the 1 bitcoin. 

[Vaculin]

Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin

We all need to be educated to develop awareness because that will help us to create right decisions in the future. Most particularly for the kids as they can be great leaders in the future. However, with this example, it’s obvious that these kids only focus on the present, so they chose $100 to buy it something they want immediately. Although they may be aware about bitcoin, but the fact that most store owners do not accept it as a payment method, then they think its wiser to chose $100 over 1 bitcoin. And we can’t blame them for that because kids will always think far different from matured adults.

[serjent05]

Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin

Not just about awareness. It's more on the fact of postulates set on a kid's mind. For instance, these kids you mentioned, will most likely know what a dollar is, and less likely to know what bitcoins are, if they even know it existed. That being said, these kids are expected to choose cash over bitcoin, just over the fact alone that bitcoin is something that is not imposed upon a child while it is developing.

In all seriousness, I wouldn't trust my kid if I ever had one with bitcoins, especially in an early age. It's one thing to educate and inform them, it's another to leave them unattended with bitcoins and subject themselves to pretty adult things.

And why would you let your kids keep your 1 BTC?  Kid's money is supposed to be managed by parents not the other way around.  And seriously, why would you trust your 1 BTC to a kid?  I agree that we must educate our kids in financial matter, to make them at least financially literate and know the value of money and savings.  Trading in the contrary is too complex to learn for children especially when it is dominated by whales who will devour anyone who is immature to handle things and most of all the technical part of BTC should left when our kids is old enough to know how Bitcoin works in technical terms.

[Mr.right85]

We all need to be educated to develop awareness because that will help us to create right decisions in the future. Most particularly for the kids as they can be great leaders in the future. However, with this example, it’s obvious that these kids only focus on the present, so they chose $100 to buy it something they want immediately. Although they may be aware about bitcoin, but the fact that most store owners do not accept it as a payment method, then they think its wiser to chose $100 over 1 bitcoin. And we can’t blame them for that because kids will always think far different from matured adults.

Not knowing the value of what is before you could really be one's downfall. You know, someone who lives by the riverside would not know the value of the freshwater that is flowing beside him or her compared to someone who is living in the desert. You know the story of how people in the desert die of taste while holding a bottle of water? That's just how the water is valued. Much more than your $100.

That's just the situation with someone not having to value 1BTC and gives more value to $100. You truly don't know the value of 1BTC but, they surely value $100 because, they know the value and can use it immediately.

[OgNasty]

I’ve seen the same sort of videos where they ask strangers if they want $100 or a 1oz gold coin. A lot of people have no idea about valuations or money and they don’t care. They go through life with blinders on, run up debt, and buy whatever they can before their credit line runs out. This is why the government can get away with wasting billions of dollars a day. They don’t teach financial education in public schools for a reason…

[pawel7777]

Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

100$ or Bitcoin

Don't make a judgement based on one short video clip. He wouldn't earn many views for posting people choosing 1 BTC over $100. Most videos of that sort are either staged or they would just cherry-pick and compile the most ridiculous responses to get more views.
I recall seeing a similar videos i.e. with an authentic Krugerrand Vs chocolate bar (iirc)

[Godday]

Everything is about value.  An object will have a good value in the eyes of the right person.  A painting will be of high value in front of art painting collectors.  Likewise with Bitcoins.  Just like when I was a kid that made me think what Bitcoin is and if I were a kid I would probably prefer a $50 toy instead of 0.1 of Bitcoin.

[pawel7777]

Everything is about value.  An object will have a good value in the eyes of the right person.  A painting will be of high value in front of art painting collectors.  Likewise with Bitcoins.  Just like when I was a kid that made me think what Bitcoin is and if I were a kid I would probably prefer a $50 toy instead of 0.1 of Bitcoin.

Obviously, but I assume we're talking about adult people, who, at least in theory, should be able to compare the value of different assets. For that, there has to be a certain level of awareness, and I think Bitcoin is doing very well in this regard, despite what OP's video might suggest.
I would never expect that Bitcoin could capture as much of the general public's attention as it did during the last rally, where literally anywhere you went, people (completely uninterested in crypto before) were talking about investing in it.

ps. The modern art market is largely a money laundering fraud. Just saying.

[akuntester1]

This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable.

OP don't think too seriously about educating everyone on Bitcoin.
That's just a piece of influencer content and doesn't mean that many people there don't know about Bitcoin.

Don't make a judgement based on one short video clip. He wouldn't earn many views for posting people choosing 1 BTC over $100. Most videos of that sort are either staged or they would just cherry-pick and compile the most ridiculous responses to get more views.
I recall seeing a similar videos i.e. with an authentic Krugerrand Vs chocolate bar (iirc)

That's right, it's a just strategy from the YouTuber to attract audience interest by presenting shows that interest many people like Bitcoin.
Such strategies have often been used by many influencers and the media to attract people to see and read their videos or articles.
But at least in my opinion the influencers or media indirectly introduce Bitcoin to the public through their content or news.