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Author Topic: More Awareness needed, 100$ or Bitcoin???  (Read 827 times)
Vaskiy (OP)
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February 16, 2023, 04:10:49 AM
 #1

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

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February 16, 2023, 04:23:46 AM
 #2

The thing is you shouldn't trust what you see in social media, I believe this is interview was staged because there's no way for well dressed western people and obviously have good cellphone aren't aware of Bitcoin or at least came across to Bitcoin/CEX ads. It would be different if he interview an old people in third world country where they don't care or can't afford to buy a cellphone.

Just like this dumb video, there's no way a girl choose kiss over an iPhone https://www.youtube.com/shorts/ZSbrUqddUzc

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February 16, 2023, 04:31:16 AM
 #3

For more context to prevent confusion, it's $100 or 1 bitcoin.

But yea, these are the people who've likely heard of bitcoin, but probably didn't bother to check the price at least once. Also, I could almost guarantee that most people didn't pick the $100 option; it's probably just the fact that the YouTubers nitpicked the ones that did.

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February 16, 2023, 04:34:01 AM
 #4

Although such videos are not the most reliable source of information but it is not far from the reality. The bitcoin adoption is still extremely low which is why I usually use "1%" for adoption. Keep in mind that awareness is different from adoption. A large percentage of the population has heard about bitcoin and have even seen advertisements from centralized services (eg. Binance) but that doesn't mean they have adopted bitcoin or are willing to use it. Many of them are still brainwashed into thinking bitcoin is a scam or is dumping, dying, etc. Specially younger generation in developed countries with governments who are too scared of losing their power and control over them.

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February 16, 2023, 04:50:37 AM
 #5

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
I believe the kids are skeptical about his words though  and would want to take the one which they know and see everyday. Bitcoin sounds latin and strange to them as they are likely not aware of it and another thing to put into consideration for their quick response to taking money is because it is what they have seen at hand. If they were being told about bitcoin and given proper education and enlightenment about bitcoin before the question of choosing between bitcoin and a $100  came up, I presume they would have opted to take the bitcoin against the $100 note because they already had the knowledge what was brought before them hence the phrase " education is knowledge". Just as you have said, education is very vital and important. If someone is educated about something, they would have idea about what you have educated them on. Educating the people about bitcoin would definitely bring about massive adoption and awareness of bitcoin.

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February 16, 2023, 05:02:24 AM
 #6

Yeah, it's simply because of the lack of awareness. I guess there's nothing wrong with their choice because the two young ladies don't know a thing about Bitcoin. If I haven't heard of Bitcoin yet and I were also given the same choices, I would have also chosen $100. Why they're not aware of it especially at this time, I don't know, but it's not surprising either; it's not as if Bitcoin is already that popular. What percent of young adults all over the world have actually heard of Bitcoin? To those who have encountered Bitcoin already, how many of them actually know what Bitcoin is?

Perhaps what was surprising in those two youngsters, which could be representative for the rest of us, is that rather than asking what was that other option is, they just went ahead and chose $100. They could have asked a couple of questions like, "what is Bitcoin, by the way?" or "how much is that 1 Bitcoin worth in USD?" or "is that Bitcoin thing worth anything at all?"

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February 16, 2023, 05:15:19 AM
 #7

there were lots of these videos and there are actually a few girls who chose BTC. they know BTC somehow they are not telling their friends. the ones who don't know BTC will obviously choose $100. if they just knew 1BTC is more than $20k.

teens today are just gaming online which i thnk the NFTs and P2E games would be a good introduction for them to be aware of crypto and BTC. there are no games however interesting enough for the teens.









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February 16, 2023, 05:56:17 AM
 #8

I think, such thing can only happened to the citizens were Bitcoin is not legalized and they don't have the knowledge of Bitcoin in the environment. Despite, Bitcoin is not legalized in my country yet but will time Bitcoin will definitely legalize because the numbers of bitcoiners in my country is increasing every day because we are not tired of spreading the good news of Bitcoin and also impact other people the knowledge of Bitcoin and crypto in the land. my country, Bitcoin will be their choice than $100 because many people in my country knew that 1 Bitcoin is more higher which they will make Bitcoin their choice at the moment.

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February 16, 2023, 06:12:01 AM
 #9

This is not really a surprise, because people are tuned in to physical stimulation. Anyone that are offered the same choice would go for the physical cash, because it is less trouble.. than having to open a digital wallet and then making sure that it is secure and also having to learn something new.

People are lazy by nature and it takes extra effort to acquire and store bitcoins, so they will opt for the immediate gratification with no effort at all.  Roll Eyes

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February 16, 2023, 06:26:08 AM
 #10

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 if we presume the video is real I fail to see why we need to do anything about it, each one of us took the decision to adopt bitcoin independently from each other, if they lack the curiosity to even ask the most basic questions about bitcoin in order to better evaluate their options that is on them.

If anything is possible those kind of mistakes could be what makes them to take more interest on bitcoin as they would not like to make a mistake like that again.

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February 16, 2023, 07:27:46 AM
 #11

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.
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February 16, 2023, 07:50:17 AM
 #12

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

In this case there are many factors ahead that could be the fact that hasten up such decision, first think about the age of the young boy, he doesn't have enough experience about life neither does he understands what bitcoin means, secondly also considers the $100 worth and the rate of the bitcoin amount being intended to be given, you were not specific on the exact rate or amount worth in btc, so it may be worth $10 in btc or abit lower or higher but lesser than that $100 in fiat, so expect the normal that he should go for the cash, except if the amount in btc is equal or more than the fiat rate, this can be the major reasons that bitcoin choice would be more preferable to fiat.

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February 16, 2023, 09:08:04 AM
 #13

It’s a small sample size, clearly worrying but a small sample size. Maybe the answers given, depends on location & intelligence. If you asked this question somewhere else you might get different answers. We are still very early in the emergence of bitcoin, I wonder what the answer would be if this question is revisited in 10 years.

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February 16, 2023, 09:29:49 AM
 #14

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
Lack of education, lack of doing manual research. While the quality of life has increased and more people afford to study at school, college and university, that doesn't actually mean that everyone is getting smart. These are a type of girls who spend most of their time to have fun, hang out with boys, go in night clubs, drink, get high so, what would you expect from them?
Btw these videos don't represent real values, they are created in order to generate money through clickbait content. To be honest, I've seen so stupid answers on easiest questions that sometimes I wonder if content creators actually pay to respondents for such a dumb answers.

For more context to prevent confusion, it's $100 or 1 bitcoin.

But yea, these are the people who've likely heard of bitcoin, but probably didn't bother to check the price at least once. Also, I could almost guarantee that most people didn't pick the $100 option; it's probably just the fact that the YouTubers nitpicked the ones that did.
If anyone has ever heard about Bitcoin, I genuinely believe all of them would know the hype around it's price. It's impossible to hear about bitcoin without its price.
Btw there was one funny comment on that video:
Quote
Wealth gap explained ladies.  Even when it’s handed to you, you choose less.  Just saying


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February 16, 2023, 09:40:08 AM
 #15

The fact is the majority of people you will ask such a question will choose $100 over a bitcoin because of a couple of things which of such as lack of awareness, the number of people that know what Bitcoin is still very low and this low awareness varies from location and regions the individual found themselves.
The level of bitcoin awareness in a country like El Salvador, the United States and other cryptocurrency-friendly nations will be high among the people both old and young.
But the same can not be said in another region where Bitcoin is banned or restricted, the level of its awareness will definitely be low.
So I don't blame the ladies or anyone for their lack of awareness of what they're throwing away after all knowledge is power.

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February 16, 2023, 09:50:26 AM
 #16

I'm shocked to see nobody pulled a gun to grab both the cash and the bitcoin, have you seen US tubers carrying an empty PS5 box going around the hoods? Then people would come to grab the box at the first chance they get!😁

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February 16, 2023, 11:28:53 AM
 #17

The thing is you shouldn't trust what you see in social media, I believe this is interview was staged because there's no way for well dressed western people and obviously have good cellphone aren't aware of Bitcoin or at least came across to Bitcoin/CEX ads. It would be different if he interview an old people in third world country where they don't care or can't afford to buy a cellphone.

Just like this dumb video, there's no way a girl choose kiss over an iPhone https://www.youtube.com/shorts/ZSbrUqddUzc
I would believe you but on the other hand, things like this could still happen even now because it was apparent that they seem not to even know what Bitcoin is when he asked them if they knew what Bitcoin is and she said something along the line of, don't know, and maybe in the game. It is possible for those that still don't know to choose the $100.
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February 16, 2023, 11:34:05 AM
 #18

I would rather take the bitcoin and not the $100. Too bad I wasn't asked. However. The video says nothing. There are certainly still enough people who just don't know bitcoin and that's ok. But there are already a lot of people who would have preferred to take the bitcoin and not the money, but they weren't shown in the video.

Who can tell how many people the producer of the video has to ask before he finds someone who would rather take the $100.  Cheesy
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February 16, 2023, 02:14:25 PM
 #19

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
Why believe everything that is shown on YouTube? Do your own research and create a poll on this forum, people will choose $100 or 1BTC. I am 100% sure that everyone will prefer 1 bitcoin here. You will get opposite results and make sure that the location of the survey plays an important role.

I agree that most people still don't know much about btc, but this process is gradually increasing. How do you propose to educate people? Run up to everyone you meet and ask "why haven't you bought bitcoin yet?" It doesn't work like that. Those who are really interested will find their way to the right source of information. It seems to me that everything goes on as usual, and no matter how slowly the processes of informing the population about bitcoin progress, it still happens.

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February 16, 2023, 03:13:09 PM
 #20

I am not sure why this is really important because it only shows the data on very small group and mostly in different aura of energy. For example, it’s clearly seen that they are able to take hundred bucks immediately and can imagine spending it right away. It’s like kids are happy to receive those hundred bucks which are more relatable to them for “quick spending” rather than stressing their brain to understand what’s bitcoin and what’s it worth.

Perhaps this survey should be taken on large population with mixed groups. May be different age groups can average you better results.
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