More Awareness needed, 100$ or Bitcoin???

[Desmong]

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

awareness is very important do that people will understand the resin why they have to take a particular decision without making a mistake. The boy was ignorant because he lack knowledge about what Bitcoin is and what it could do for him. This is the work of the parent to teach there children what Bitcoin is so that even though the government is not ready to support them, everything  will be fine.

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[Cz-Silk]

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

Bitcoin will be adopted in society gradually, when these young people see that their assets have no value and that the state can take them at any time, that's when they will adopt bitcoin.

[EdenHazard]

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

Bitcoin will be adopted in society gradually, when these young people see that their assets have no value and that the state can take them at any time, that's when they will adopt bitcoin.

But when you go for bitcoin for such short term benefit ...

As time goes by in the long term when they found a bad thing about bitcoin that towards against them ... they will start babbling and get frustrated as they had very limited knowledge and jump into conclusion that bitcoin is not useful at all, ironic.

[BTCBroker2016]

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

Bitcoin will be adopted in society gradually, when these young people see that their assets have no value and that the state can take them at any time, that's when they will adopt bitcoin.

Thought is right. But it is hard for some people to wait when they can't do anything

[CryptoHeadlineNews]

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 couldn't stop laughing the moment he asked the girls what is Bitcoin, and one responded "It's a game", because this is a sign there are a whole lot of people who have no clue what Bitcoin is in this present time, because I bet you, the very day these ladies get to know the value of Bitcoin, they will regret ever choosing $100 over 1 Bitcoin worth $22,000 by today's current market price.


So by what we have witness in this video, I think it is our responsibility to spreading & education of the good news of Bitcoin to all nocks and crannies all around the world. And it begins with you and I as members of this forum and beneficiaries of this awesome project that has come to stay and put us in control over our finance.

[Cantsay]

[~snipped~]

100$ or Bitcoin

The part where she said "yeah, I think I'm okay in the head" killed me like for real?
Although I have seen similar videos and memes where some people were asked to choose between 2 pies and Bitcoins and they chose the pie saying that they were hungry and needed something to eat and if they should get Bitcoin they probably won't have anything to do with since they both lack coding knowledge.

If not for bitcointalk I'm still wondering how my own cases would be like. Ever since I became a member of Bitcoin when I see people arguing about something I have seen before here in Bitcointalk I just smile and try to tell them the answer.
Assuming bitcointalk wasn't recommend for me I guess I would have ended up like those ladies in Op who chose $100 over Bitcoin.

[DeathAngel]

It depends who you ask & where you ask it. Some people are just really dumb, you can take a horse to warer but can’t make it drink. I’d like to think if you asked people on Wall Street or some other high profile financial district they’d take the bitcoin.

I guess as humans there is a psychology around risk levels. Nobody ever gets rich playing it safe, the people who choose the bitcoin will probably do better in life. I’d love to see a study that followed the people over 30 years & see who did better in life, the guy who chooses the $ or the BTC.

[pawel7777]

But at least in my opinion the influencers or media indirectly introduce Bitcoin to the public through their content or news.

Oh, for sure. And what's more, this type of videos has a particularly great effect, as they have an element of shaming. People who don't know what the Bitcoin is, or how much is it worth, are made to look stupid and risk others making fun of them.
So if you're completely ignorant of Bitcoin and come across that video on social media, you're more likely than not just to look Bitcoin up and get to know the basics.

[Ryu_Ar1]

Looking at this condition, I actually feel that there are still 2 possibilities that could happen because looking at the conditions, even though it was indeed done on the street and randomly, we also have to see where it was taken and whether crypto is already well-known there or not because this also depends on where and who is asked. .
When the situation there doesn't know about bitcoin, there's nothing wrong with that choice because they don't know what bitcoin is like, considering that it might still be something taboo there, but when you ask people who already know about it, it's clear the possibility will be different.
I think it's not a matter of taking $100 or bitcoins.
Even when he was asked about bitcoins, he didn't know that this indicated that indeed the questioner was also aware that they would choose $100 over bitcoins.

[blockman]

Looking at this condition, I actually feel that there are still 2 possibilities that could happen because looking at the conditions, even though it was indeed done on the street and randomly, we also have to see where it was taken and whether crypto is already well-known there or not because this also depends on where and who is asked. .
When the situation there doesn't know about bitcoin, there's nothing wrong with that choice because they don't know what bitcoin is like, considering that it might still be something taboo there, but when you ask people who already know about it, it's clear the possibility will be different.
I think it's not a matter of taking $100 or bitcoins.
Even when he was asked about bitcoins, he didn't know that this indicated that indeed the questioner was also aware that they would choose $100 over bitcoins.

The location really matters where the survey was made and if someone goes to the place like it's been a tech place, there will be more people that are in that area to be choosing bitcoins even if they don't like it because they know that the value is way higher than a $100.
There's bias on these things or factors that would really affect the sentiment of many and that varies so it's no question why it seems that many still don't know about btc.

[pawel7777]

The location really matters where the survey was made and if someone goes to the place like it's been a tech place, (...)

The awareness of Bitcoin is probably high enough, that you won't have to go to a tech place to see the majority choosing 1 bitcoin over $100. It probably wasn't easy for the author of the video to find people going for the USD.
To get a clear picture, you could simply ask adult people around you (family, friends etc), who are not part of the crypto community, what would they pick. I beet most of them would go for Bitcoin.

[thecodebear]

Just lack of awarenesss, lack of education of what Bitcoin is.


We're still VERY early in Bitcoin adoption. Most people don't know what it is or have heard of it but don't know anything about it, or have just read some headlines (usually negative) about it.



Obviously anyone who knows what Bitcoin is and what the price is would take 1 bitcoin over $100.



It'll take a bunch of years before there is really meaningful adoption of Bitcoin. Because lots of people know about Bitcoin and say "oh I wish I had got in early" and they don't realize it is still early. So even among the many people who could adopt it right now they don't because they simply don't know anything about it and think everyone who has benefitted from Bitcoin only did so because they bought it earlier and now its too late. That'll continue for many years, and only slowly will those people gradually make the plunge and start to realize they weren't "too late". It'll probably be a generation before Bitcoin is considered normal and people will actually know what it is and no be afraid to get some or not think the only reason to get some is if you got some earlier.

[pawel7777]

We're still VERY early in Bitcoin adoption. Most people don't know what it is or have heard of it but don't know anything about it,

I don't think that's true, especially not for the western world.

At what point we will not be "early" anymore exactly? During the last bull run everyone and their dog was invested in crypto or at least was considering it.
When you hear hairdressers, bricklayers or random people at the gym all talking about investing in crypto - we are no longer early.

It's hard to get a hold of reliable stats, but according to this source, in 2021 the number of Americans owning crypto jumped to over 23%. That's huge. I'm guessing that's way more than the number of Americans owning gold.

According to the same source: "Research from July 2021 shows that 89% of American adults have heard of Bitcoin." Will we still be "early" at 99%?

[Stable090]

Bitcoin will be adopted in society gradually, when these young people see that their assets have no value and that the state can take them at any time, that's when they will adopt bitcoin.

We don’t just expect everyone to know about bitcoin once, it will happen gradually, the world is so big and we don’t expect everyone to adopt bitcoin once, let’s talk about our rural areas that don’t really have access to internet connections, must of them don’t know anything about bitcoin but I know with time they will begin to start hearing about bitcoin. Few years ago just few people knows about bitcoin but currently the percentage of people that knows about bitcoin have increased.

[Fatunad]

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 really that surprising on which not every corners of the world do really knows bitcoins existence specially into those young kids or young minds who arent really that aware on whats been around.
They cant really just resist and do stick on what are the things that they had grown into which is really that considers always about fiat. Just let recognition and adoption do move on its own
because recognition and awareness doesnt really stop and sooner or later it would really be known around. It is really just a matter of time on which everyone would really be
recognizing its existence but not for now.

[samcoin]

According to some estimations, there are around 420 million crypto currency users over the world, which equals to nearly 0.06% of the world population. Thus, we can't expect all people to know about Bitcoin and crypto. I know this percentage could differ from one country to another, but the result is the same everywhere. Not all people know about crypto. That might look strange to us as we have been in crypto for years and got used to it. However, Bitcoin still has a long path and some hurdles to overcome before it becomes a global currency.

[romero121]

According to some estimations, there are around 420 million crypto currency users over the world, which equals to nearly 0.06% of the world population. Thus, we can't expect all people to know about Bitcoin and crypto. I know this percentage could differ from one country to another, but the result is the same everywhere. Not all people know about crypto. That might look strange to us as we have been in crypto for years and got used to it. However, Bitcoin still has a long path and some hurdles to overcome before it becomes a global currency.

Yes, this is the real fact. In terms of awareness there are difference between countries. Here the visual looks to be from a western nation for which everyone thinks that they knew well about bitcoin and cryptocurrency which is wrong. Very small percentage of the population is using the Cryptocurrency around the world, and this can differ in the future. In most cases people hadn't used to it. This makes them find prefer the cash against the bitcoin.

[Farma]

According to some estimations, there are around 420 million crypto currency users over the world, which equals to nearly 0.06% of the world population. Thus, we can't expect all people to know about Bitcoin and crypto. I know this percentage could differ from one country to another, but the result is the same everywhere. Not all people know about crypto. That might look strange to us as we have been in crypto for years and got used to it. However, Bitcoin still has a long path and some hurdles to overcome before it becomes a global currency.

well, even based on the video, we know that there are still very many teenagers who don't know what bitcoin is. some people in my city also even think that bitcoin tends to be with games, gambling, or even MLM.
However, with this, it can be concluded that education about bitcoin is still very little. I read in several online media saying that several cities or countries are currently providing education about blockchain, especially bitcoin, and altcoins. they include it in their course curriculum. this is what other countries need to emulate, even when they reject it. there's so much they're going to miss if they don't know that until they grow up.

[dezoel]

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

There are tons of videos like this and I am pretty sure that its edited to make it look like this. I remember a ton of videos back in the day that showed "how stupid Americans are" and asked like "name a country that starts with U" and none of them realized their nation is united states of America, or stuff like what is the capital of USA, and who is the president and all of that.

Of course there are stupid people who have no idea which one is bigger, if you ask 100 people, you can find 5 people who have no idea, if you ask 1000 people you could find multiple videos worth of it, but I bet you that they asked a lot of people who knew the answer that didn't showed up on the video.

[pawel7777]

According to some estimations, there are around 420 million crypto currency users over the world, which equals to nearly 0.06% of the world population. Thus, we can't expect all people to know about Bitcoin and crypto. I know this percentage could differ from one country to another, but the result is the same everywhere. Not all people know about crypto. That might look strange to us as we have been in crypto for years and got used to it. However, Bitcoin still has a long path and some hurdles to overcome before it becomes a global currency.

You will never achieve 100% public awareness. That will never happen unless in some weird scenario when bitcoin becomes the official global currency (it won't). Essentially only people who are at least a little bit interested in either technology or investing will have a decent grasp of crypto - others simply don't care and never will.

Gold has been around since the dawn of civilisation and still only a small percent of the population would know a rough price per ounce.