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Author Topic: we don't have proper education on bitcoin.  (Read 864 times)
n0ne
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April 14, 2023, 11:31:31 PM
 #101

Nothing is bad when we all rise up to take it our own personal responsibility in teaching others about bitcoin at all cost, this may involves our financial commitment as well as time also, but when we like doing what we want, we make others feels happy by teaching them and seing them doing well in life by the impact from bitcoin adoption, when they invested and have this joy, they will never regret going through the educational process as well, many loose because they lack knowledge on bitcoin in full.
Agreed, we need to take responsibility and keep sharing about the goodness about bitcoin. This is how we can spread the goodness of bitcoin. Maybe it is hard to make people believe in it as well as understand. Once they've given a try and experienced the goodness, automatically the same person will share his experience. This is how the spread about bitcoin have happened from its day of existence. Something good will always be shared and there is no need of advertising. Spread through word of mouth is a trusted advertising than a Hero/heroine doing it for money.

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April 15, 2023, 12:45:06 AM
 #102

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?
Why people might not be familiar with Bitcoin is because they are unfamiliar with the technology. Bitcoin is a digital asset based entirely on blockchain technology, which can be difficult to understand for those without a strong technological or financial background. However, with adequate education and understanding, most people can understand the concepts and benefits of Bitcoin.

Everyone has different goals in buying and owning Bitcoins. Some may buy Bitcoins as a long-term investment, while others may use Bitcoins for payments or other transactions. It is important to understand that Bitcoin has the potential to serve as an efficient and inexpensive global tender, as well as an investment asset with significant profit potential.

However, it is important to remember that Bitcoin is still considered a very risky and speculative asset. Regulations regarding Bitcoin and other crypto assets are still not well established in many countries, and some countries have banned the use and trading of Bitcoins. However, several countries have accepted Bitcoin as legal tender and have introduced regulations that have enabled the growth of the crypto industry. Maybe because of this also why many countries are not familiar with bitcoin as experienced in your country.

That's why it's so important that adequate education and understanding, as well as good risk management, Bitcoin can be an attractive investment option for some people in every country.
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April 15, 2023, 01:11:36 AM
 #103

maybe in developed countries you could say it's normal if they don't pay too much attention to btc, right' because they are definitely busy with technology.

but in my opinion education about cryptocurrency we should find out because if we don't find out when will we get quality cryptocurrency education.

because for now there are very few schools that teach about crypto.
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April 15, 2023, 07:32:09 AM
 #104

maybe in developed countries you could say it's normal if they don't pay too much attention to btc, right' because they are definitely busy with technology.

but in my opinion education about cryptocurrency we should find out because if we don't find out when will we get quality cryptocurrency education.

because for now there are very few schools that teach about crypto.

There's a school that teach about crypto? That's nice, I didn't know that. Cryptocurrency is for everyone but don't just invest or trade without knowing what you investing, you need knowledge about cryptocurrency, how to trade, know the risk and reward and others stuff, If you invest without knowing that you really lose such money, that's bad because you don't know how cryptocurrency works so before everyone enter in crypto world, make sure you research or you have knowledge.
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April 15, 2023, 11:16:53 AM
 #105

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?

Lol, of course Bitcoin is not educated, Governments still don't know what to do with it. Some ignore it, some try to ban it, some are trying to work with it, and sometimes one country goes through the whole cycle. Crypto is a niche, and it may not go mainstream at all.

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April 15, 2023, 12:24:06 PM
 #106

maybe in developed countries you could say it's normal if they don't pay too much attention to btc, right' because they are definitely busy with technology.

but in my opinion education about cryptocurrency we should find out because if we don't find out when will we get quality cryptocurrency education.

because for now there are very few schools that teach about crypto.
Cryptocurrency is for everyone but don't just invest or trade without knowing what you investing, you need knowledge about cryptocurrency, how to trade, know the risk and reward and others stuff, If you invest without knowing that you really lose such money, that's bad because you don't know how cryptocurrency works so before everyone enter in crypto world, make sure you research or you have knowledge.

Crypto is not for everyone since there are few people don't know how to handle their investments and they can't control their emotions that's why they create wrong decision which cause them a lot of money lose in their hands. For this type of people they need to avoid crypto since this is high risk investment if they think about this is an investment. But for people who can handle the pressure and stress then this might be good for them, they need to be more consistent to get more knowledge then became a more better trader or a investor.

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April 15, 2023, 12:43:12 PM
 #107

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?

Cryptocurrencies are considered as a niche topic in which not everyone knows about its existence. Though that may be the case, slowly, its reputation is gaining more traction and attention as compared a few years ago. Maybe the reason on why its popularity is increasing is due to the pandemic in which everything became online.

We cannot force anyone to know and learn about cryptocurrencies due to its technicality and complexity. Even if everyone knows about it, still, we still have to convince them about its investment opportunities and I find this more challenging than ever.
I also really don't like to force someone to adapt something that they do not understand, I only sharing my knowledge that I got from studying and researching to someone who really interested to learn about bitcoin and cryptocurrency. There is also a big misconception when it comes to crypto and bitcoin in my community but I never debate regarding it or straightening their thinking because we should not force them on something that they do not want. One of the problem nowadays is the scammers who are using crypto and bitcoin to deceive a lot of peope and for me it is the reason why the branding of bitcoin is not yet that good for those normal people whose knowledge is not enough. I' really a big believer that proper education not only for the student but also for the adults about what is bitcoin, how it works, its benefits, its technology and many more can straightening their thinking and they will start becoming interested not only to make investment but also to use it in their daily lives. Luckily the social media is becoming more popular and a lot of content creators are now creating topics about BTC that can help to spread its awareness.
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April 15, 2023, 01:20:31 PM
 #108

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin.

Let me announce to you that you're wrong, we cannot assume everyone is wrong and everything they do about bitcoin is also a misconception, we all have a different approach on the way we use bitcoin, how we see it and what we believe it is, but it would have been more convenient for people to learn first and understand about bitcoin because this is why many other countries have been taught about and learnt from, abd bitcoin isn't only adopted in a particular region but across the universe.



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April 15, 2023, 01:58:02 PM
 #109

Is there any way to solve this problem?
If you live in a multilingual society, I think that one of the best ways to teach bitcoin for proper understanding is to
- teach it in the local language: People may understand it more when you pass the knowledge using their local languages which is the medium of communication.
- translate bitcoin resources such as pamphlets, flyers tutorials, and books into the local language and distribute them.
- you may also strike up a partnership deal with Binance or any exchange that is in your country to create awareness. While you have the grass root strategy, they have the resources to reach a wider audience.
If you do this, then you would have solved 50% of the problem of proper bitcoin/ cryptocurrency education.

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April 15, 2023, 02:42:20 PM
 #110

You are correct that many people still do not understand what bitcoin is and how it works, especially in third world countries. However, there are ways to solve this problem.
The first way is education and information. Many organizations and communities around the world are working to provide people with correct information about Bitcoin and other cryptocurrencies. These efforts can help people better understand what bitcoin is and how to use it.
The second way is to simplify the process of using bitcoin. Some companies and startups are working to make using bitcoin easier and more accessible to people. For example, many bitcoin wallets have a simple and straightforward interface, which can make the process of using bitcoin less intimidating for beginners.
Of course, all these efforts require time and resources, but they can help solve the lack of understanding of bitcoin and expand its use in the world.
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April 15, 2023, 03:22:24 PM
 #111

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?

I think that the problem will solve itself out in the near future as Bitcoin becomes more and more adopted. Although I would prefer to see it all happen a bit faster, personally.

Right now we are in the early times when people who do self-research on Bitcoin and then invest in Bitcoin are the ones who will be majorly rewarded in the long term before everyone else catches up. The earliest adopters already have proven this. Although back in 2009-2012 Bitcoin was a very niche thing and not everyone had heard of it, so its understandable that not everyone had the chance to know about it.

Nobody will be allowed to make the excuse of why they did not research and invest in 2023, though...

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April 15, 2023, 07:55:03 PM
 #112

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?

I think that the problem will solve itself out in the near future as Bitcoin becomes more and more adopted. Although I would prefer to see it all happen a bit faster, personally.

Right now we are in the early times when people who do self-research on Bitcoin and then invest in Bitcoin are the ones who will be majorly rewarded in the long term before everyone else catches up. The earliest adopters already have proven this. Although back in 2009-2012 Bitcoin was a very niche thing and not everyone had heard of it, so its understandable that not everyone had the chance to know about it.

Nobody will be allowed to make the excuse of why they did not research and invest in 2023, though...

i remember there are already some universities offering blockchain courses, i'm sure they are also going to cover BTC in thier discussions. for now, the ones that has can be relied on was Antonop's book like The Mastering BTC. that's the closest thing to proper education i guess and then reading the whitepaper. one thing that i see is that its not read by the newcomers since we're all up to trading and making money.










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April 15, 2023, 09:05:03 PM
 #113

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin.

Let me announce to you that you're wrong, we cannot assume everyone is wrong and everything they do about bitcoin is also a misconception, we all have a different approach on the way we use bitcoin, how we see it and what we believe it is, but it would have been more convenient for people to learn first and understand about bitcoin because this is why many other countries have been taught about and learnt from, abd bitcoin isn't only adopted in a particular region but across the universe.
He is speaking from his own angle,maybe the place where he is residing,they don't really know about Bitcoin,because from his speech,he sounds so sure that most people of the world don't really know about Bitcoin,and we can just blame him for not been current,because if he was reading,he would know that Bitcoin has really gone viral,and almost every body know about bitcoin.All that is left now is people that have known how Bitcoin works and how good it is will take it to their different localities to tell people about it.It is good to organise seminars at villages,cities,and the different places that are not too developed,so that they will have a chance to also make money.The only issue Bitcoin is facing now is the fact that some person's who don't really know about it see it as scam,If all the persons who see it as scam have a different conception about it,then I can tell you that almost everyone have known about BTC.
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April 15, 2023, 09:13:16 PM
 #114

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?
People can actually invest if they want to. With all the available resources online and are even free, people can be educated if they have the strong will and eagerness to learn all about bitcoin and how it can be profitable for us. But if they tend to be lazy to do it on their own, well they can’t expect for the government to educate them since bitcoin is still not totally adopted as a legal currency. They have to do the initiative if they don’t want to remain naive and ignorant.

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April 15, 2023, 09:20:03 PM
 #115

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?
^Let it be, let the word BTC will spread across different countries.
That is right, we don't have proper education but when people heard about BTC and made them confused, they can simply search for it on the internet. It is self-educating about BTC because you also invest with your own risk. I don't think we are still on 80-90 percent, the awareness of BTC has been spread out, considering we are still in the early stage which BTC will lost last enough to adopt more investors. The reason could be, not all have an internet connection.
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April 15, 2023, 09:32:14 PM
 #116

I had created a thread More Awareness needed, 100$ or Bitcoin??? and we had the discussion about a video in which people looked to be westerners were asked a question and the response were into discussion.

It is true that there is not much of awareness experienced around. Whether it is Western nation or other part of the world, everywhere it is almost the same. Some part of every country have got good number of people aware about bitcoin and services/acceptance of bitcoin can be seen accumulated on specific regions. This needs to change and it takes time as the real learning isn't possible in a day.

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April 15, 2023, 09:57:14 PM
 #117

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?
There is really a lot of ways to make them educated on bitcoin but they should have the due diligence so they can achieve maximum learning in bitcoin. With free internet worldwide, that alone is a big help so that people will stay updated and aware of what is happening all over the world. And when it comes to innovations, people should learn to appreciate than underestimate it, and it will only happen if they become completely educated on bitcoin.

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April 15, 2023, 11:30:02 PM
 #118

So what do you suggest OP? Tell our governments to enforce mandatory lessons about bitcoin? Governments won't probably do that except El Salvador and the Central African Republic where these 2 countries already legalized bitcoin as a legal currency. The El Salvadorian government has bitcoin investments it is normal for them to include bitcoin in its basic education.

There are curriculums already in some schools that included bitcoin in their technology and finance subjects. And I have this feeling that this will continue to grow with or without government interventions. Bitcoin is becoming that big and it will keep its students ignorant if they are not going to include bitcoin in some of its lessons. But we better not expect this to happen to countries that banned bitcoin.

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April 16, 2023, 06:08:15 AM
 #119

Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?

Definitely it is not a problem. It is depend on the people if they are eager to learn in understanding Bitcoin and other crypto currency. There are a lot of informations available in internet giving free education / awareness on understanding Bitcoin and other crypto currencies. I think it is not misconceptions because getting involve in Bitcoin  you are taking a lot of risk, so some people are being careful before they will invest. There are a lot of testimonials that they had lost so much in investing maybe that is one of the reason why more people do not have guts in investing because they are afraid of loosing their money. 

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April 16, 2023, 11:35:00 AM
 #120

There are a lot of testimonials that they had lost so much in investing maybe that is one of the reason why more people do not have guts in investing because they are afraid of loosing their money. 

Why do we need someone who invests in bitcoin? In fact, it is much more important that bitcoin be used more and more in everyday life, so that it can be paid everywhere and received everywhere. To be useful, any money must move. I have nothing against investors, but they are clearly not what bitcoin needs in the first place.
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