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Author Topic: More Awareness needed, 100$ or Bitcoin???  (Read 827 times)
Zilon
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February 18, 2023, 04:19:18 PM
 #61

The video showed how naive those kids were with Bitcoin and it's price. All they were after was the cash that will be in their hand, maybe they are yet to know about Bitcoin has a digital currency. One even them when asked what Bitcoin is said it is a like a game or something which means many are still in the dark as regards the digital era. One might say not everything that is shown online is real that is true but some of them have a picture of what is happening in the society. So more awareness and sensitisation is needed to spread Bitcoin even amongst the younger ones.
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February 18, 2023, 06:57:19 PM
 #62

The video showed how naive those kids were with Bitcoin and it's price. All they were after was the cash that will be in their hand, maybe they are yet to know about Bitcoin has a digital currency. One even them when asked what Bitcoin is said it is a like a game or something which means many are still in the dark as regards the digital era. One might say not everything that is shown online is real that is true but some of them have a picture of what is happening in the society. So more awareness and sensitisation is needed to spread Bitcoin even amongst the younger ones.

what can we expect with kids? they will go for things that they are familiar of. and bitcoin is not a familiar one to them, so it is no surprise if they chose the 100 bucks over BTC. awareness/education is needed for people to change their perspectives over any subject matter. we can't expect everyone to do their own search and study. they will choose whatever they deem is more important for them.

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February 18, 2023, 07:09:15 PM
 #63

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

First, i don't think it is a real video, it may seem that all of this is planned as why would anyone make a video? Don't the girls know that they are being shot on camera? There are many YouTubers who does this type of prank videos for their channels.
In case we believe that the two girls in the video does not know about the bitcoin and prefer a 100$ over a single bitcoin, is nothing serious as there are many people in the world who do not know about bitcoin.


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

When i saw the title, i thought it was $100 in fiat or $100 IN bitcoin but later when i saw the video, it was $100 or 1 bitcoin.
I wish someone offer me this in real and i will happily take 1 bitcoin  Smiley

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February 18, 2023, 07:15:55 PM
 #64

Are we talking about 1 BTC or a bitcoin equivalent to $100? And what age were the children? It seems to me that most of the people who know how to handle money know or have heard about bitcoin, and if they are asked such a question, it would be logical to clarify how much bitcoin costs now, even if they don’t monitor its price.

People who go to work every day and are not interested in finance and investment may not know the price of bitcoin, not know the price of gold, how much a barrel of oil costs, and this is normal. But a person who can think will find out this information if necessary, everyone has a smartphone and it will only take a few minutes of his time.
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February 18, 2023, 09:24:54 PM
 #65

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 will always be important so that we will be able to distinguish the real value of a thing. Most especially when it comes to finances, at least we should gain knowledge about it, not just a simple awareness. Not only for adults, but even those kids should also be educated about cryptocurrency most particularly about bitcoin since it will be a future global currency years from now. Familiarity is not enough, they should also be educated at least.

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February 18, 2023, 11:57:01 PM
 #66

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!  Grin 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.
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February 19, 2023, 08:37:49 AM
 #67

Are we talking about 1 BTC or a bitcoin equivalent to $100? And what age were the children? It seems to me that most of the people who know how to handle money know or have heard about bitcoin, and if they are asked such a question, it would be logical to clarify how much bitcoin costs now, even if they don’t monitor its price.

If these girls had no idea about bitcoin, their question should be "What is bitcoin" but since they opted for dollar and not getting curious to know about bitcoin, shows that they have some knowledge of bitcoin.


Nice try OP!  Grin 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.

How do think that these girls were kids who were interviewed in the video? They are teenage girls and I think they had no idea about the bitcoin price. They may have heard of bitcoin somewhere therefore I don't see them asking anything about bitcoin.

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February 19, 2023, 11:17:36 AM
 #68

If these girls had no idea about bitcoin, their question should be "What is bitcoin" but since they opted for dollar and not getting curious to know about bitcoin, shows that they have some knowledge of bitcoin.
Perhaps, but I also admit that the reason may still be that although they knew what bitcoin was, they did not know how to handle it.

There is no elemental knowledge about what to do with it, how to get it, they don’t even have a cryptocurrency wallet for this. Therefore, you need to sell it somewhere, but they also have no experience. Therefore, it turns out that there will be too many difficulties for them with bitcoin, which they did not want to deal with, but preferred to simply take cash.

This situation may be for most ordinary people who have heard something about bitcoin, but have never dealt with it. This all seems simple to us, because we have already figured it out, but for those who have not delved into this issue, it will already seem very complicated and possibly risky.
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February 19, 2023, 09:29:15 PM
 #69

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
Adoption is the thing that we need so much and if people still do not know the price of bitcoin then adoption is still quite far away. Bitcoin is such an important innovation of our age, and it has changed lives of millions of people, and yet there are over a billion people who do not even know the price of bitcoin and that has to change. What can we do to increase awareness about it?

Well, simply we could just do more marketing, since we won't do it as retail investors, it has to be crypto companies who should be doing a lot more marketing to increase awareness, they would be doing a lot better in the long run and should be profiting from it as much as possible.
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February 19, 2023, 10:55:29 PM
 #70

Are we talking about 1 BTC or a bitcoin equivalent to $100? And what age were the children? It seems to me that most of the people who know how to handle money know or have heard about bitcoin, and if they are asked such a question, it would be logical to clarify how much bitcoin costs now, even if they don’t monitor its price.

If you watch the video, the two girls were offered to chose between $100 cash and 1 Bitcoin and the girls without hesitation chooses $100, lol they can easily search what Bitcoin is since connection to internet now a days is very easy and we can access information easily.

People who go to work every day and are not interested in finance and investment may not know the price of bitcoin, not know the price of gold, how much a barrel of oil costs, and this is normal. But a person who can think will find out this information if necessary, everyone has a smartphone and it will only take a few minutes of his time.

Not really, people who go to work every day have idle time where they can read newspapers, watch the news on tv or browse social media.  With Bitcoin's name popping everywhere, I doubt all of them are ignorant about Bitcoin.
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February 19, 2023, 11:26:40 PM
 #71

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!  Grin 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.

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qwertyup23
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February 19, 2023, 11:52:27 PM
 #72

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.

I mean, they are kids and I doubt that they understand the opportunity and technicality of Bitcoin. I also do think that this may be the first time they have ever heard of BTC. Given on how technical owning a BTC is (e.g. having an exchange or creating a wallet, etc.), there is no doubt on why they chose $100 over BTC.

Maybe this may be one of those videos that they would look back once they reach the age of understanding or when they understood cryptocurrencies, they would have regretted their decision. But if I were a kid and someone offered me $100 vs a thing that I do not fully comprehend, I would definitely choose the former.


R


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February 21, 2023, 09:50:02 PM
 #73

I also watched other videos from the channel.As far as I understand, most of the questions take place during some kind of festival or something like that when many are having fun and it's not surprising that many will choose $ 100 right here and now.If I were in their place and the question would be during the festival,I would also choose $100 in cash and go on hanging out,since I already have $100 in Bitcoin Wink

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February 21, 2023, 09:55:15 PM
 #74

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
You won't blame the person in question, because their is every tendency that the person is not informed of Bitcoin, i know very well that Bitcoin have to deal with awareness, maybe at that point in time the person needed cash to sort out it's bills, so i believe that if it's aware of Bitcoin properly it has chosen Bitcoin over $100

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February 21, 2023, 11:50:40 PM
 #75

Ignorance kills faster than any weapon. That's because, you just won't know what's up to you. I wonder if the video is something recent or its been around for way too long.

People always give priority to that which they are familiar with, that which is tangible or they could grab at once and have no interest in that which looks mysterious.
In this case, it would be a situation of the money at hand is better than some thousands else where. Little do thy know that, the thousands else where could be easily converted and it is some thousand multiples of what is at hand.

When it comes to awareness, I see the people to have been playing there part still and that's some good enough pace.

R


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February 22, 2023, 01:52:54 AM
 #76

For the new generations there aren't excuses to not know what bitcoin is. The lack of information and general knowledge those 2 girls displayed on the shared video is astonishing! I imagine the kind of content those girls access daily at school and on the media isn't something very educative...

I can't blame their whole generation for that, though, because it's not fair to take 2 examples and consider it as the general rule for everyone else on the same age range. The objective of the channel is to show absurd decisions by the interviewed people. So the youtuber is definitely going to show only this side of the coin on his videos, although I'm sure many other interviewed people have decided for bitcoin, without any doubts.

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February 22, 2023, 04:04:00 AM
 #77

Ignorance kills faster than any weapon. That's because, you just won't know what's up to you. I wonder if the video is something recent or its been around for way too long.
You can't entirely blame them for their ignorance, because not all people in this world know everything. I believe most people doesn't know if a Pokemon card can be worth for $6,000,000 [1] if a random guy offer a Pikachu Holo Illustrator or $1,000,000, most people will choose $1,000,000 because it's seems unrealistic if one card can be worth more than $1 Millions. Yeah you can google it to know the price, but I don't think it's allowed by the giver.


[1] https://videogames.si.com/guides/rare-pokemon-cards#gid=ci02b5c0f4600024c7&pid=pikachu-holo-illustrator

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February 22, 2023, 04:26:10 AM
 #78

Quote from: Zilon
The video showed how naive those kids were with Bitcoin and it's price. All they were after was the cash that will be in their hand, maybe they are yet to know about Bitcoin has a digital currency. One even them when asked what Bitcoin is said it is a like a game or something which means many are still in the dark as regards the digital era. One might say not everything that is shown online is real that is true but some of them have a picture of what is happening in the society. So more awareness and sensitisation is needed to spread Bitcoin even amongst the younger ones.

I agree with you, the kids just needed cash at the moment because they knew with cash they can start buying things they want in the place just to look flexing in the eyes of people around them. I don't think, those kids has any idea on Bitcoin because the way they responded that they prefer $100 than Bitcoin, showed that they don't have the knowledge of Bitcoin in that society. I believe, many bitcoiners are not resting in spreading the good news about Bitcoin to different communities to let them know that Bitcoin is a potential coin that can do what fiat money can do to humanity and to the societies at large which citizens and governments need to embrace it.

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February 22, 2023, 04:52:27 AM
 #79

For the new generations there aren't excuses to not know what bitcoin is. The lack of information and general knowledge those 2 girls displayed on the shared video is astonishing! I imagine the kind of content those girls access daily at school and on the media isn't something very educative...

I can't blame their whole generation for that, though, because it's not fair to take 2 examples and consider it as the general rule for everyone else on the same age range. The objective of the channel is to show absurd decisions by the interviewed people. So the youtuber is definitely going to show only this side of the coin on his videos, although I'm sure many other interviewed people have decided for bitcoin, without any doubts.
Exactly, at least in the past people could blame the TV for not airing the right information for their ignorance, but this is not the case anymore, if you are unaware that bitcoin exists then that is on you as Youtube and other social media websites are full of videos and information about bitcoin and the market in general.

And due the huge amount of content that people can watch today it is not surprising to see they are choosing to watch material that while fun it may not be the most productive way to spend their free time.

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February 22, 2023, 05:34:06 AM
 #80

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.
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