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Author Topic: Public Perspective towards Bitcoin  (Read 706 times)
wxa7115
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March 28, 2023, 05:14:36 AM
 #21

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.
There is not much we can do, you are trying to compete against governments and banks which have an infinite amount of money and total control over the media people watch, so if they want to project a negative image of bitcoin that is what they will do and that is what the average person will think about bitcoin.

Luckily for us the message they are trying to spread is not the truth and given enough time the truth should prevail, it is just that we do not know how long it will take for the average person to realize they have been lied to and that the information they received about bitcoin is false.

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karmamiu
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March 28, 2023, 06:15:57 AM
 #22

In our country OP once we talked about bitcoin and crypto, mostly they have negative perspective on it, and as you've said that we couldn't blame them due to the past events that happened to them or the community their opinion wouldn't change easily not unless we could convince them.

IMO, I don't want to convince anyone in my neighborhood regarding bitcoin or crypto, I'm sure there will be time in the future that they will switch their interest in these things, coz as of now I could see that they are slowly learning about online money without being aware that they are already on their way to learn cryptocurrency.

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March 28, 2023, 07:51:47 AM
 #23

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.
It's either we educate them, or they will just let themselves know what is the truth.

Educating them might change their perspective towards Bitcoin, but not for those who are close-minded people who only know that Bitcoin is a negative thing. For them, what they only know is that Bitcoin is a bad thing because it has been used for some criminal activities, and some lose money investing into it.

On the other hand, there will be a time where they will just realize that what they know isn't the reality. What they know is the complete opposite. What they think about Bitcoin is completely wrong. In short, there's nothing we can do about it, but there will be a time where they will realize that they all wrong about their perspective towards Bitcoin. We just let them know what is the truth about Bitcoin.

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March 28, 2023, 08:36:27 AM
Merited by Gayong88 (1)
 #24

In my opinion Changing public perception towards Bitcoin and other cryptocurrencies requires education and awareness-building. This can be achieved through various means such as creating informative content, organizing workshops, and engaging with individuals and communities to address their concerns and questions.

What this means Collaboration with mainstream media and influencers can also help in reaching a wider audience and showcasing the positive aspects of cryptocurrency, such as its potential to empower individuals and promote financial inclusion. Additionally, regulatory clarity and improved security measures can help in building trust and confidence among the public.

For creating a positive narrative around cryptocurrency requires concerted efforts from various stakeholders, including industry players, policymakers, and the public.

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March 28, 2023, 11:54:33 AM
 #25

OP, you can't change the world, and you can't help all people, but you can be an example for your environment. If you talk about all the benefits of Bitcoin without giving a real example, people will doubt it. Another thing is when they notice changes in your life. Your success and your transformation. As many here on the forum like to write that Bitcoin has changed their lives, people who are ready to help others will be believed by those who see everything with their own eyes and by touch. By helping your loved ones if they show interest, everyone will be able to increase the amount of information you want to spread.
If people receive dry information, then they may be more inclined to believe the news that the media spreads about bitcoin from time to time. In this case, you need to leave people with their news so that they learn to sift the wheat from the chaff on their own.

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March 28, 2023, 11:56:13 AM
 #26

OP, you can't change the world, and you can't help all people, but you can be an example for your environment.
Exactly a good point for OP.


Normal humans are influenced by what we read, see, hear, and the environment we find ourselves in, but the good thing is that humans never stop learning. If you see a person who has a negative influence about Bitcoin, you can always explain to them to better their understanding. Though, some people think that the only crypto is Bitcoin (yes!) and that's why most individuals of the public would always have a negative impression about Bitcoin because they have fallen victim to some scam projects or their friends. Scam projects that get prompted on social media have disappeared with some individuals money, and as these processes continue to take place, it will still make some people see crypto in a bad way, but Bitcoin is not really the coin that may have given them the negative impression, so when we see people like that, the good thing to do for them is make them understand better what they don't know.

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March 28, 2023, 12:31:41 PM
 #27

OP, you can't change the world, and you can't help all people, but you can be an example for your environment.
Exactly a good point for OP.


Normal humans are influenced by what we read, see, hear, and the environment we find ourselves in, but the good thing is that humans never stop learning. If you see a person who has a negative influence about Bitcoin, you can always explain to them to better their understanding. Though, some people think that the only crypto is Bitcoin (yes!) and that's why most individuals of the public would always have a negative impression about Bitcoin because they have fallen victim to some scam projects or their friends. Scam projects that get prompted on social media have disappeared with some individuals money, and as these processes continue to take place, it will still make some people see crypto in a bad way, but Bitcoin is not really the coin that may have given them the negative impression, so when we see people like that, the good thing to do for them is make them understand better what they don't know.
Although I hate it, I have to agree with you that some people took advantage of a person's innocence about crypto in general. This is mostly the reason why people specially those who are victims before are having negative view in bitcoin. As for me I no longer want to promote bitcoin or teach them what is it even to my own family, coz as of right now, our own banks are slowly introducing the concept of cryptocurrency through their mobile application or online banking. Now even if I won't say anything they are already slowly being taught by banks what is crypto and they learned it unknowingly, so when the time comes when they become interested I will only have to explain them a few things.

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March 28, 2023, 02:17:03 PM
 #28

To transform the public's negative impression of digital currencies into a positive one, it's critical to zero in on training, guideline, advancing the advantages, joint effort, and straightforwardness. The public's perception of cryptocurrencies as a legitimate means of payment and investment can be shifted by providing accurate and reliable information on them, enacting clear regulations, highlighting the potential benefits of using them, encouraging collaboration between the industry, governments, and traditional financial institutions, and encouraging transparency in the cryptocurrency industry.

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March 28, 2023, 02:28:38 PM
 #29

To transform the public's negative impression of digital currencies into a positive one, it's critical to zero in on training, guideline, advancing the advantages, joint effort, and straightforwardness. The public's perception of cryptocurrencies as a legitimate means of payment and investment can be shifted by providing accurate and reliable information on them, enacting clear regulations, highlighting the potential benefits of using them, encouraging collaboration between the industry, governments, and traditional financial institutions, and encouraging transparency in the cryptocurrency industry.
And it takes a lot of time and effort to do that. It will also take a lot of resources in order to those things. While I do agree that it is as slow and sure way of introducing bitcoin, people will still easily changed their mind when you say that you will earn profit by just doing crypto. Right now there is no longer the need for us to actually go out there and convince people, the government alone is doing their best to remind people not to immediately rush into cryptocurrency due to its big risks. That alone could make some people curious and some will be tempted to dive deep learning into blockchain technology.

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March 28, 2023, 09:45:15 PM
Merited by fillippone (1)
 #30

Regarding the negative public perception of Bitcoin and other cryptocurrencies, it is indeed difficult to fix. However, this can be achieved with continued effort and an effective communication strategy. It should be remembered that changing the public's perception of Bitcoin is an ongoing process and requires the efforts of many people.

One of the challenges in changing public perception of Bitcoin is how to convey technical information to the public without a technical background. It is also important to speak in a language that is easy for lay people to understand. Sometimes people's perception of Bitcoin is influenced by the bad image created by some people or fraud cases that occur in the cryptocurrency world. therefore it is important to continue to improve the image of Bitcoin by implementing strict security and privacy standards, and taking strong action against those who violate regulations.

I think that by providing correct and clear information, promoting the benefits of Bitcoin, maintaining Bitcoin's image, and keeping communications open and transparent, we can help change the public's perception of Bitcoin and make it more acceptable to the wider community.

R


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March 28, 2023, 10:12:03 PM
 #31

It is clear that everyone's awareness about bitcoin takes time for this because especially for people who are new and who only know about bitcoin from media that are against bitcoin, it is certain that the image of bitcoin will not be good.
On the other hand, we must also be aware, of course, that in this case it will not be easy to reverse the condition in which bitcoin, which has a negative stigma, becomes positive.
But on the other hand, I actually don't really care about people's stigma, whether it's negative or positive. even though this is indeed a benchmark for bitcoin but things like this cannot be forced so we just have to wait because sooner or later everyone will know about bitcoin and it will take longer to believe in this.

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thecodebear
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March 28, 2023, 10:23:48 PM
 #32

It would be cool if there was some sort of non-profit donation based Bitcoin education organization.

An organization just focused on providing resources and like actually promoting (advertising) Bitcoin in an educational and factual way. Most people who just casually know about Bitcoin just occasionally see negative headlines and their perception of Bitcoin is just based on misinformation.

Would be good to have a body promoting education to fight back against the mass of misinformation.

The Bitcoin message has been watered down by 'Crypto'. People get confused between Bitcoin and Crypto/Web3/scams/exchange hacks/etc. And crypto companies generally just promote their business, not Bitcoin itself.

A community led Bitcoin educational organization that produces real fact-based educational media to display to the masses, not just a website because only people interested in Bitcoin in the first place would go to a website, but instead actually advertising, would be cool.
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March 28, 2023, 10:31:15 PM
 #33

As long as in that country Bitcoin is still considered illegal, the assumption based on the media that spreads negative things about Bitcoin will continue to exist and develop over time. And of course this will continue to lead to opinion and understanding in the community that Bitcoin is something bad. Although of course it is possible that more and more people are starting to like and understand the real Bitcoin, it will still be difficult if it collides with the rules of a country.

On the other hand, the perception of Bitcoin is actually getting better. More and more people globally know Bitcoin and are interested in Bitcoin. As time progresses, people begin to receive other positive information about Bitcoin, so it's not just about negative news about Bitcoin. So this is starting to develop. And maybe it will take more time for people to increasingly accept Bitcoin.

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March 29, 2023, 05:27:53 AM
 #34

~Snip~
Everyone's assumptions will always be different. because everyone's point of view is always different. and everyone's first impression of bitcoin always varies.
because the initial story of someone being interested in bitcoin is of course also different. but in the 3 things you mentioned, one of them is the most likely to be the initial story of someone being interested and curious about bitcoin or crypto. and the most common reason is always from seeing the condition of someone who gets a big advantage. everyone tends to want to imitate the success that has been achieved by someone. not even a few of them have the notion that they too can do it easily. they entered hastily. without analyzing and studying it in depth. these types of people sometimes don't survive much in the crypto industry. Even their perception of crypto can be unfavorable. this is due to the lack of insight he gets. Because it doesn't focus at all on knowledge about crypto and the ins and outs of it like usability and such. this type of person focuses more only on the profit he can get, but sometimes they don't want to bother studying it deeper. Even though if we want to benefit from something, we must first know everything that we are going to enter into. So that we will know how we can benefit with minimized risk. The point is that most people who have a negative perception of bitcoin are those who don't study it seriously. they stopped in the middle of the road. and they only hear from the news circulating without inquiring deeply.

that's why cryptocurrency education is important nowadays. but in my country, Indonesia, we can see several government efforts to introduce crypto to the public. In fact, there are many events held by large exchanges in Indonesia that work with the government to build awareness in the community so that they are more familiar with the digital era and the ins and outs in it.

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March 29, 2023, 06:24:31 AM
 #35

Keep them ignorant, why bother? After all it is your advantage anyway because you will keep accumulating bitcoin as it's price keeps increasing and then you can dump on these no-coiners with sky high prices, profits for you 😈

You can go and start educating people who are showing interest in Bitcoin, but the difference will not be huge for now other that you bring called a tinfoil hat person.

 If they lose money from some stupid MLM, chances are that they will blame you - are you ready to take that?


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March 29, 2023, 06:47:02 AM
 #36

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.
Or a life were they get to use a censorship resistant currency, and truly own and control their money without a third party having the final say on what happens to their money, that should be the reason why you would want to introduce BTC to people. If you promise them the idea of a better life or riches, you are putting yourself at crossroads, because you don't know when BTC price is going to pump, and you also do not know if they would want to hold it for a long time.

I do not have any intentions of changing people's perspective about BTC, the record and history is there for them to study, but if you want to, make sure you are introducing them to to censorship resistant currency and not one they would think was created to give them wealth and riches.

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March 29, 2023, 07:59:28 AM
 #37

You can't expect all people who are against or have negative perceptions to accept the presence of Bitcoin in the midst of their lives. Public views are always different on a product, this is a beauty. When people who reject the existence of Bitcoin talk about something negative, those who are pro Bitcoin will align all arguments with the facts. Pros and cons will always occur everywhere, those who still see Bitcoin with one eye will change direction when faced with the fact that Bitcoin contains many positive values.

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March 29, 2023, 08:07:09 AM
 #38

I see this problem too, and I think it's better to increase education and create more useful material about Bitcoin and other cryptocurrencies. Specifically we can create videos, articles, tutorials, books on how to use and invest in these cryptocurrencies. These documents need to be written in a clear and understandable way to help the public better understand Bitcoin and other cryptocurrencies. Of course, today's cyber information is chaotic, but instead of seeing it as a barrier, just try to spread the truth about this field more. As well as the creation of events and activities related to Bitcoin and other cryptocurrencies. We can organize seminars, contests about Bitcoin, exchange events and exchange experiences on investing in these cryptocurrencies.
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March 29, 2023, 08:32:23 AM
 #39


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.


It's normal for them to have negative thoughts at bitcoin especially first impression. It will widen the negative side especially when they do their own research about it online where they can find a lot of influencers spreads a lot of bad sides of bitcoin which is true since its a volatile system. You could lose your assets in just a second if you don't have enough knowledge.

So how do we turn it to positive side? Show them the benefits of bitcoin. You only need them to have knowledge and experience with it, and knowing how they can flip the bad side can motivate them to make good calls in investing and trading. Much better to have something like a podcast where people with expertise about crypto could share their ideas and questions just like this forum.


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March 29, 2023, 08:41:36 AM
 #40

I will ignore negative views about bitcoin because gradually things like that will fade away, because in the end everyone starts to realize the good uses and benefits of bitcoin.
and apart from a number of reasons that they put forward and I think the most striking is because they think the way bitcoin works is difficult which is actually very easy once it's involved, and besides that bitcoin is also a new asset class so it's still easy to manipulate with various things it still scares people, but that doesn't diminish bitcoin's growth and ever-increasing popularity and it will continue to do so until everyone realizes it for themselves.

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