A week later after doing his research he came back to me and testified that he was wrong. I understand the feeling but what you know, others don't know a tip of it. That's why when they make these mistakes they tend to leave the market because it seems complex to them.
You can see the problem stems from lack of research right, and it is the fault of the users, is there anyone who doesn't secure their money in fiat, they either put it in the bank or in other places they consider secure, they also safeguard their sensitive banking information, thus for someone who wants to use Bitcoin, knowing fully when that it's also a currency (their own money for that matter), and can be stolen the very same way their fiat currency can, why won't that person do their due dilligence and do what's right. Nobody was born with Bitcoin knowledge, so i don't make excuses for people who want to use Bitcoin, but what to skip the part where they have to research about it.
That's a good side and I don't understand why users focus mainly on the few information they've harnessed about crypto, which is how to receive and send crypto, and neglect the most important duty; how to secure the crypto. In your view, since they can protect their MasterCard details from criminals, how then do they find it difficult to practice same measures on cryptocurrency. I'd blame it on companionship, aside research, the banking system is used by many people, I mean our neighbors, friends and family use banks. So, such measures keeps ringing into many people's memory as it's discussed around them by close friends. Bitcoin is not that way, and such people may feel reluctant about securing their coins because they believe it's safe regarding the fact it's saved on a blockchain. Hence, if that person, has a friend that talks to them about bitcoin they'll feel the need to do necessary adjustments. For instance, in the case of my colleague, without our argument he wouldn't have done his research. He felt satisfied with the information he knew without researching, maybe he heard it from someone close to him, that was why he relaxed and even argued with me about that. So, what I'm driving at is that most people don't research because nobody, physically, discuss with them regarding bitcoin.
