More Awareness needed, 100$ or Bitcoin???

[CryptoPanda]

This video cannot be regarded as an experiment or used as data to argue the level of bitcoin adoption in the West. I think the creators of the video want a narrative that would get them more views. What’s better television than watching people miss their luck. I’m sure they were kids who botched the video and chose 1bitcoin over $100, those probably never made the clip.

[ethereumhunter]

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

The 2 young people were more than happy to receive $100 over bitcoin because they could see the real physicality of the $100 bill. That's not surprising and there are still many young people like them who would choose something that has a visible shape rather than something that doesn't have a shape but turns out to have a higher value than the other. And that's only natural because people are used to looking directly rather than just seeing numbers on a device.

[Lucius]

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.

The video was most likely recorded somewhere in the US, the girls have an American accent and the person offers them US dollars, so I don't know why there would be any doubt.

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.

I think that the population in the US is quite aware that Bitcoin exists, because turn on any US program that broadcasts globally and you will see that Bitcoin is regularly mentioned when it comes to finance, investing or stocks. The problem may arise from the fact that they present Bitcoin exclusively as an investment, and not as a cryptocurrency - then what to expect from the average person to whom they would offer such a choice?

Besides, these girls in the video are too young to be interested in such things, so I wouldn't take them as some sort of indicator by which we should measure Bitcoin awareness.

[kryptqnick]

I don't know the origins of the video, and it does look like these are Western people, but I don't know... It kind of has vibes of something old to me. The clothes remind me of what was considered cool 8-10 years ago. So what if the video is just pretty old, and that's why the choice was between $100 and 1 BTC (because maybe Bitcoin's price was in hundreds), and that's also why they've never heard of it? Of course, as others pointed out, it could also be staged. And generally similar videos have more value when featuring more people in situations that look more real.
There should be more BTC awareness, I agree. But first we need reliable info on how unaware young people really are of Bitcoin.

[Hispo]

I saw a similar video on social media.
The guy walked towards a couple and asked them what they would prefer: 100$ or 1 Bitcoin. In that occasion the guy seemed to be aware of the value of Bitcoin and answered he wanted 1 Bitcoin. However, an argument ensued since the girl would rather 100$ (out of ignorance on the value or the concept of what Bitcoin even is).

It was funny and yet a simple "social experiment", but not a reliable way to study the level of awareness or adoption.

[avikz]

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 this one looks staged, a lot of young generation people do not know anything about bitcoin. At my office, out of 84 people in my team, I have found only 3 person knows about bitcoin. What's sad is that most of them are in their mid-20s. If this age group doesn't know about bitcoin even after being in IT industry for a couple of years, how would you expect any random teenager will know about it?

Many governments are actively trying to bar bitcoin related information from reaching out to their citizens. They are also forcing banks to send out mass mailers stating bitcoin is a scam. So the result is quite expected!

[RockBell]

More awareness is actually needed, but in my region, we are doing everything we can to spread the word, and influencers are doing everything they can to raise awareness. As a result, I believe that only people in villages really know about bitcoin, whereas in major cities, I can bet that about 70% of people are aware of it. And does choosing 100$ over 1bitcoin when they later get to find out about the worth of bitcoin I wonder what the expression on their face will look like

[BITCOIN4X]

Out of 100 people I might meet in my country, would probably choose $100 over bitcoin because I believe only a minority of them realize what bitcoin is and how much it's worth. The level of public awareness about bitcoin varies greatly from country to country, and not all westerners are aware of what bitcoin is even if they have heard of it or encountered someone talking about it.

Social experiments like this aren't exactly the same among people, and it's possible someone else will accept bitcoin instead of $100 because they know how much those bitcoin are worth. But I don't know how many bitcoin they offered in the experiment.

[boyptc]

It could have been that there were people while taping that video picked bitcoin but they've never included it when they're able to edit.

Anyway, we're not really obliged to tell people what bitcoin is all about. If you tell them, you'll most likely be ignored by them, old or young.

Many still don't know what bitcoin is, those that have heard of it never own a few tiny bits. So, if you'll give them choices about instant money, they'll for sure choose $100.

[Pokapoka124]

I doubt the YouTuber has $20k worth of bitcoins to give to strangers just so he can get likes and views on his channel. Do the math, giving $100 is more practical. There is a fifty percent chance some people chose to have bitcoins and those were edited out of the video. Because of this singular reason, I think the subjects made a logical decision of choosing 100$ over the promised bitcoins. The only YouTuber I know that’s crazy enough to give huge amount of cash to strangers is Mr Beast and some would argue even his videos are staged.

[Falconer]

Bitcoin is worthless to those who don't realize it, and that has been proven by many. I think there are still many people who are not fully aware of the value of bitcoin in a third world country like Indonesia, and this might answer that $100 is far more valuable than bitcoin.

Here, $100 in fiat and $100 in bitcoin are never considered the same. This means that $100 is much more likely to be taken if someone offers it publicly. In fact, many people don't even have Android here, so the possibility of getting info about Bitcin is very possible. But this should work in a developed country, and I'm sure if they offered it to someone who is in El Salvador then bitcoins are much more likely to be considered instead of $100 in fiat

[Ndabagi01]

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

They just missed out on a huge one. Are you certain the interview was not staged? Whatever the case, there is a need for more bitcoin awareness. Every bitcoin enthusiast has a significant role to play in raising awareness about bitcoin in their surroundings; it will only gain more global recognition and eventually adoption in the coming years. The task lies in our hands to contribute also to bitcoin awareness.

[Issa56]

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.

Bitcoin is still growing and you don't expect everyone to know about bitcoin at once, no matter your location, some people don't still know about bitcoin. I don't also blame those girls, you don't expect them to choose bitcoin as they don't know anything about bitcoin, they have to go for the physical cash which they believe they can get instantly and they can spend immediately, you don't expect someone that knows about bitcoin to choose $100 over one bitcoin, that's why we have to keep on enlightening people about bitcoin. Those girls in the video will definitely take their time to learn about bitcoin and am sure the interviewer will also enlighten them about bitcoin.

[BitcoinPanther]

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 also agree, lots of video on the social media are staged, even those popular yt blogger like the beast loves to stage his content.  Giving away x money to x people then seeing the people on his next video with different title.  So there is a huge chance that the video given by @OP is scripted.  There is no way these people are ignorant of Bitcoin because Bitcoin had been hot on Social media, tri-media and even on news papers.

[stompix]

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.

Why wouldn't it be?
Do you really believe that crap about 30% of the population owning crypto and other things while you can drive around a 1 million city and barely find a shop that accepts crypto?
In my own family, some aren't sure what Bitcoin is and I would bet you one Bitcoin that if my father would have been there he would have grabbed that dollar bill and be gone, not waiting to see what trick he might pull when he has to cough up 25k$.
And there is a girl that took the coins:
https://www.youtube.com/shorts/mM_oVv8gb4E
No proof he had actually given those.  Obviously!

As for the staged thing, yeah, they are all staged, I mean, what a coincidence, right, to have girls doing combinations and permutations of two?

[Rengga Jati]

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

It may be because of some reasons:
1. They don't even know about Bitcoin
-\2. They know enough Bitcoin that is why they wnat something that is more reliable
3. They prefer to $100 cash because they can use it as payment direcyly in whatever codition, it may be diffeent if Bitcoin ebcause they still have some difficulties in finding merchants accepting Bitcoin

[Yatsan]

Depends on the situation; if you are in a country wherein this technology is prohibited and it would take time for you to be able to make use of Bitcoin, then a hundred bucks would be a better deal, otherwise Bitcoin would obviously be a greater option simply because its market price has a tendency to increase and if it is 1 Bitcoin, definitely it has a higher market value. A simple question indeed not until you dig down the situation.But as with the cited situation; kids were aske; how come they would know the price of something they are not aware of? Ofcourse they'd go with what's obvious. We all have done that when we're young.

[n0ne]

Depends on the situation; if you are in a country wherein this technology is prohibited and it would take time for you to be able to make use of Bitcoin, then a hundred bucks would be a better deal, otherwise Bitcoin would obviously be a greater option simply because its market price has a tendency to increase and if it is 1 Bitcoin, definitely it has a higher market value. A simple question indeed not until you dig down the situation.But as with the cited situation; kids were aske; how come they would know the price of something they are not aware of? Ofcourse they'd go with what's obvious. We all have done that when we're young.

Agreed, people go with the things they have much used to. Here these kids are much aware of dollars and never used bitcoin. Atleast once if they've checked the price of bitcoin they could've chosen bitcoin. The girls didn't take a second chance, just grabbed the dollar. Maybe after this they might try to know what is bitcoin. I believe this video might've made few people around to try and understand what is bitcoin.

[ChiBitCTy]

The human race overall is completely uneducated and ignorant.  Humans are in fact my least favorite animal, as I can’t stand how lazy people are as a whole. This doesn’t surprise me what so ever as a financial advisor. I talk to thousands of people a year about finances and maybe 90% of them have absolutely no idea what any of it is all about. People are lazy, plain and simple.

[traderethereum]

One's awareness of new things will not be experienced by a person or even people in a social group and the video proves that.
If people are challenged to get something they know before with something they don't know yet, they will choose something they already know because they have probably used it, seen it, and felt it.
Meanwhile, they don't know or hear about something new, so they won't choose it especially if it happens to teenagers who are less aware of the technological developments around them.
So it is not a surprise if teenagers choose $100 instead of bitcoin because they do not think it is worth compared to $100.