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Author Topic: Public Perspective towards Bitcoin  (Read 776 times)
TitanGEL (OP)
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March 27, 2023, 05:27:08 PM
 #1

I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.

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March 27, 2023, 08:53:33 PM
Merited by $anounimus$ (1), Ahli38 (1)
 #2

Yes the vast majority of the public either doesn't know what Bitcoin is or thinking it is something negative.


Usually they think:
1. It's bad for the environment (it isn't, its actual a huge benefit)
2. It's a scam or pyramid scheme / ponzi or some other scheme the don't know the actual definition of
3. It's outdated tech (lol)
4. It's only good for criminals
5. It'll just be banned
6. It's a bubble (and they apparently don't know its been through several market cycles)
7. It's something people lose money on / it's going to zero (lol facepalm)



I think I hit all the major misconceptions / negative views.


How do we fix these. Simple: education! There is so much misinformation about Bitcoin passed around by people who don't have a clue about it and those people greatly outnumber the people who are actually educated on Bitcoin. We as a community need very good very public educational resources to point people to. As more and more people get educated on Bitcoin eventually the momentum will swing in favor of education instead of misinformation. But we're a very long way from that. It would of course help if some big people in media and politics were educated on Bitcoin and could spread the world. As currently its the government that is engaging in the next big attack on Bitcoin.
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March 27, 2023, 09:05:28 PM
 #3

Convincing someone about Bitcoin takes time, and it's not always a positive experience. However, gradually, people's perspectives on Bitcoin are becoming more positive. This can be observed through the expanding usage and community surrounding Bitcoin. The reality is that a significant portion of the population is unaware of Bitcoin, so they do not have a positive or negative view of it. For those who are familiar with Bitcoin, most have a positive outlook, while a small minority may still harbor some fear or uncertainty about it.

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March 27, 2023, 09:31:45 PM
 #4

People are usually resistant to changing their minds about an invention once they have formed an opinion about it. When there are so many negative scenarios and comments about bitcoin as a result of the backlash it has received, convincing someone with a preconceived notion about how they view it will be difficult. Let the good news about it spread; hopefully, in the future, it will supersede and counter the negative feedback and views about it, and it will be adopted as legal tender globally.

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March 27, 2023, 09:40:37 PM
 #5

They simply say negative things to Bitcoin, easily, either because they lack knowledge about it or they focus more on the negative things or news related into it. Ofcourse people in this industry would be on the contrary; we see the potential more than the risk. But both sides are indeed true; this technology created huge profit potential for its users but risk will always be there because of the nature of market price volatility.
People are usually resistant to changing their minds about an invention once they have formed an opinion about it. When there are so many negative scenarios and comments about bitcoin as a result of the backlash it has received, convincing someone with a preconceived notion about how they view it will be difficult. Let the good news about it spread; hopefully, in the future, it will supersede and counter the negative feedback and views about it, and it will be adopted as legal tender globally.
Problem is people being selective; disregarding positive new such as countries adopting this technology because they are seeing the advantage of doing so.But given that there is still a long way for this industry regarding progressive growth, things might indeed change in the future. For now, sharing our knowledge to those who are interested would be a good thing to do than to contribute with baseless accusations on this industry.

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March 27, 2023, 09:55:53 PM
 #6

I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.

We don't, we just let them discover what bitcoin is, what benefits they can get from it and see how it goes for it. It's going to be difficult to turn someone perspective not just to bitcoin but in any other aspects in our lives, it is what it is. They either will have to believed on it or not.

Even Satoshi himself said this:

Quote
“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.”

We can tell anyone that is the positive or even negative things about bitcoin and let them decide for themselves if they want to join the bandwagon or not. Just like what we are seeing right now, there is a banking crisis or even during the height of Covid-19. We don't tell people the get their money out and put into bitcoin because the bank is failing or to hedge their wealth on it because there is pandemic.

 
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March 27, 2023, 10:14:42 PM
 #7

My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.

public perception regarding Bitcoin is something negative in my opinion because of the frauds that have occurred to some or several people and this has indeed created a strong negative stigma on Bitcoin by people who don't fully know about Bitcoin.
but we know that as time goes by, many people or groups and even well-known influencers have tried to introduce and educate the public about Bitcoin, whether it's through online articles, print media and creating educational content on YouTube and other social media.
but in fact there are still many people who do not believe in Bitcoin let alone understand and try to enter the crypto world because the risks are enormous.
I think people tend to prefer something that doesn't have a high risk because there are still many who think why waste their money investing in Bitcoin if it's too big a risk for them.
but I think this perspective and public acceptance of Bitcoin is only a matter of time until eventually everyone will know the positive side of Bitcoin.


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March 27, 2023, 10:25:17 PM
 #8

It takes time for people to have the better understanding about Bitcoin and cryptocurrencies. It is well known fact that negative news spread faster than the real news happening around. In such a way bitcoin isn't an exception. The failure of bitcoin takes place from the users who have missed profiting because of their own mistakes. Once after the loss, they start spreading negative things and they never accept their fault.

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March 27, 2023, 10:33:55 PM
 #9

In order to change negative view of the public to bitcoin, it needs serious information dissemination.  Only the right knowledge and facts can combat these prejudices against Bitcoin.  Anti-Bitcoin group spreads this false accusation on Bitcoin in order to trigger doubt on the Bitcoin market,  so correct information to fixed those wrong one is needed.  Aside from that, if the government is somehow friendly to bitcoin then we can use the government announcement and statements that favors Bitcoin and remove the doubt of public.

Convincing someone about Bitcoin takes time, and it's not always a positive experience. However, gradually, people's perspectives on Bitcoin are becoming more positive. This can be observed through the expanding usage and community surrounding Bitcoin. The reality is that a significant portion of the population is unaware of Bitcoin, so they do not have a positive or negative view of it. For those who are familiar with Bitcoin, most have a positive outlook, while a small minority may still harbor some fear or uncertainty about it.

We do not need to convince people, we just need to lay the right information, whether they accept it or not is upto them.  After all we are not the one missing out but those who fail to recognize Bitcoin and the opportunities it brings.

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March 27, 2023, 11:03:32 PM
 #10

If a thing is good, it doesn't need convincing. Internet enthusiasts didn't need to convince the general population to start using the Internet. Television, automobile, trains, planes, radio, electricity too. Every invention had people who doubted it, but they didn't succeed because someone convinced people about their benefits. Those that succeeded just clearly demonstrated that they are superior to the previous technology. Bitcoin can't do the same with banks and fiat currency.
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March 27, 2023, 11:41:22 PM
 #11

It's been so long since many of those folks that are still not yet holding bitcoin thinks of many negative perceptions about bitcoin and that won't change on an instant.

But it's okay if they're still thinking like that because many from those people that have that perception were changed. They're seeing the changes a lot and based from the adoption that they're looking at.

It's inevitable that perception have changed drastically because of the financial institutions starting to adopt it.

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March 27, 2023, 11:48:25 PM
 #12

It takes time for people to have the better understanding about Bitcoin and cryptocurrencies. It is well known fact that negative news spread faster than the real news happening around. In such a way bitcoin isn't an exception. The failure of bitcoin takes place from the users who have missed profiting because of their own mistakes. Once after the loss, they start spreading negative things and they never accept their fault.

Never mind but it doesn't matter what others think about bitcoin what matters is you and your perspective on bitcoin. It is used for money laundering and the crypto market is used in the black market, all these are just things to say to those who can't afford it and understand what technology it is they use these lame excuses. Scirty hate those things which they can't understand & control. So be confident about the positive impacts and stay with it.

When these people will realize you will be superior to them because you recognized the true financial freedom before them. At that time you can ask about the stupidity that these people use to say when it was in struggling age.

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March 28, 2023, 12:01:27 AM
 #13

Only stupid people are those who read a single article or what one or two particular morons on YouTube who think they know everything about cryptocurrency.  I think that yes, the vast majority of human beings do not look much past the first one or two things they read about anything, whether that's bitcoin or climate change, whatever. 

However as bitcoin continues to prove it's self, its public perception will change for the better.  So this is something I don't worry too much about.

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March 28, 2023, 12:07:56 AM
 #14

My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.
You have seem try to change the people stance which I think is hard for you to do if don't have great knowledge about bitcoin. I did on past when try to change my friend think about bitcoin. because i don't have the knowledge much some time ago, then I stuck to continue in what do i say next when I asking the crucial question. The important key is knowledge, if only have half then your work will be worthless.

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March 28, 2023, 02:29:12 AM
 #15

I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that.
You can not change minds, perspectives of all people especially the elderly.

If you want to do communication propaganda to change the crowd perspective towards Bitcoin, it's good but if you do this, you will recognize that there are many types of people in our society. Some people are open-minded and ready to listen and learn new things. They will easily become Bitcoiners after your propaganda. Some other people will need longer time to absorb new things but they can still change their minds. The last type are people who would prefer to stick with what they are familiar with like fiat currencies, banks and they will never accept Bitcoin.

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March 28, 2023, 02:45:18 AM
 #16


It would change thier minds if their government itself is regulating it and not putting negative thoughts about BTC. And then the media will follow once they see its legal to use BTC in the country.

Bitcoin is almost there though. You can see more people right now already knows BTC or any other crypto. There is no negative news about it anymore but coming from governments are regulators.
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March 28, 2023, 02:53:42 AM
 #17

I think the public WILL start loving bitcoin more in the next few years. Bitcoin has nothing bad about it and the biggest con of it is that you can lose a lot of money if you will trade it.

A lot of people have a biased view of bitcoin because they don't know what is it and how it works. But when they will start learning it, they will realize that it's good for out world and society.
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March 28, 2023, 03:15:27 AM
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 #18

if according to my assumption, if someone is looking for information about bitcoin, whether it's through videos or reading references, it means that there is already a curiosity about bitcoin, and usually this curiosity arises for several reasons.
that is

        - because heard that someone (friend, other person, or relative) experienced big profits and those big profits were obtained from bitcoin investment results. Usually, if you hear news like this, some people who are curious will immediately find out what bitcoin is.
        - The second one is the opposite of the information above, if the information above is curious because someone is experiencing profits, now this one is the opposite, which is curious when I hear that someone has suffered a big loss and the loss came from investing in bitcoin.
       - the third is accidental, sometimes not a few people know bitcoin by accident, whether it's when opening a website, or passing on the social media.

people in the 3 point criteria above are likely to look for information about bitcoin on various platforms or websites. here is the important point, if only the news that was first seen was good about bitcoin, it would definitely have a good impact, but what about when the first search about bitcoin was presented with oblique news about bitcoin, of course there were 2 possibilities that would happen, if people who saw the information This negative is people who are curious because at first they see the news about the benefits they get from bitcoin, of course the question will arise, "why is this like this" and will definitely look for other information.
but when those who read this information are curious people because at first they saw someone's loss from bitcoin, they will definitely stop here.
then if the person reading this information is someone who initially accidentally knows bitcoin, chances are they will stop or look for information again, it depends on how curious they are.

This is just my assumption, please let me know if I'm not quite right or wrong

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March 28, 2023, 04:18:39 AM
 #19

In particular, we can take it from the media factor that disseminates Cryptocurrency to be precise Bitcoin, some of the media disseminate it with references that are not completely sufficient or even inadequate and provide a few assumptions that they deviate from the real aspects, making many perspectives from the public who feel this is something wrong. negative, especially this will happen to those who are lay and don't know with reference to knowledge.

But we know that introducing Bitcoin to people / the public is also an easy step, it's just that it takes time to convince them about the existence of Bitcoin, both from the way it works and several other important aspects, because someone's perspective varies in understanding an element in particular, we mainly talk about Crptocurrency and also Bitcoin.
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March 28, 2023, 04:26:29 AM
 #20

I wouldn't deny if most people are interested with Bitcoin is because of making profit. They will be happy when they have making profit, but when it goes opposite and they're suffering losses, this time it will depends on each person.

They can be mad, angry, regret, cry etc but if they're not want to learn about what's Bitcoin and how Bitcoin price movement like that, they will not trust Bitcoin. Understanding about Bitcoin is the most important point to change people's perspective.

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