Bitcoin Rural vs Urban Awareness?

[Pablo-wood]

As regards the wide spread of Bitcoin in our today society which should be of utmost priority? more awareness in urban cities or Exposure in rural communities? This might not be applicable to all nations but there are many rural communities cut across many nations around the world who don't still don't understand what Bitcoin is all about, what it values are and what it represent in our modern financial society.

Specifically in Cameroon, Nigeria and Ghana where I have stayed in at different time, I discovered many rural areas in this countries still find it difficult differentiating Bitcoin from Ponzi schemes. In this case will sensitising people in this areas be a vain adventure following their  mindset.

And how fast will adaptation and acceptance take place. And are there any technique one can apply to impact this persons on the advantage of embracing Bitcoin without sounding like a scammer or a deceitful person. I don't know if any one has had similar encounter In time past.

[un_rank]

I discovered many rural areas in this countries still find it difficult differentiating Bitcoin from Ponzi schemes. In this case will sensitising people in this areas be a vain adventure following their  mindset.

Misrepresenting Bitcoin is not peculiar to any region or continent. There have been top investors in the traditional finance space that have talked down on bitcoin and showed to have little knowledge of it and there are people in the most remote areas who have good knowledge of how it works.

Sensitizing people about an investment is not a popular strategy, sort of like going to market real estate investment or some other form of investment.

- Jay -

[BIT-BENDER]

Specifically in Cameroon, Nigeria and Ghana where I have stayed in at different time, I discovered many rural areas in this countries still find it difficult differentiating Bitcoin from Ponzi schemes. In this case will sensitising people in this areas be a vain adventure following their  mindset.

The comparison of Bitcoin with ponzi schemes has nothing to do with rural areas in those countries you mentioned it's actually lack of interest from the people you had contact with. There is hardly a place you go to in a country like Nigeria and see young people atleast not having a Mobile phone or asses to the internet.

But depending on people's knowledge or interest some just writes Bitcoin off as a Ponzi scheme. I have a brother who is in the UK that feels same way and he isn't interested in getting to know more.

[AbuBhakar]

As regards the wide spread of Bitcoin in our today society which should be of utmost priority? more awareness in urban cities or Exposure in rural communities? This might not be applicable to all nations but there are many rural communities cut across many nations around the world who don't still don't understand what Bitcoin is all about, what it values are and what it represent in our modern financial society.

Here in our country, Rural awareness usually useless because of poor internet connection and people usually involved on typical farm industry as source of living that’s why they are not interested on technology investment such as Bitcoin because they consider it as high risk and hard to understand. I don’t blame them since the nature of their work is very far different than Bitcoin technology.

Urban Area awareness should be the priority since this the place which Bitcoin investment is more suitable rather than the people that working on different field because the success rate of adaptation his high with people that has a good background on technology especially crypto.

[Zaguru12]

And how fast will adaptation and acceptance take place. And are there any technique one can apply to impact this persons on the advantage of embracing Bitcoin without sounding like a scammer or a deceitful person. I don't know if any one has had similar encounter In time past.

The adoption rate in rural areas will definitely be low because of certain factors like the exposure to internet. Most of these rural communities are faced by the challenges of having poor or no internet access up to the fact that even commercial banks are not close to them. So trying to spread adoption of bitcoin to this various places is certainly going to be difficult.

Most of these people also rely on solely on government policies and with the government strongly against bitcoin it would still be hard to get them into it. Because most of the stereotypes spread around bitcoin is that it doesn’t have an office and these are people that actually believe only on things they see. So the only people that would have aid the adoption of bitcoin easily in these areas would have been the government

[Hyphen(-)]

As regards the wide spread of Bitcoin in our today society which should be of utmost priority? more awareness in urban cities or Exposure in rural communities? This might not be applicable to all nations but there are many rural communities cut across many nations around the world who don't still don't understand what Bitcoin is all about, what it values are and what it represent in our modern financial society.

Bitcoin understanding is required in both rural and urban communities, as networks can now be found practically anywhere in the world. It will be a good development if a farmer benefits from Bitcoin investment because the major goal is to spread Bitcoin over the world.

Specifically in Cameroon, Nigeria and Ghana where I have stayed in at different time, I discovered many rural areas in this countries still find it difficult differentiating Bitcoin from Ponzi schemes. In this case will sensitising people in this areas be a vain adventure following their  mindset.

Some people in these regions of the world are truly unaware of Bitcoin since they always refer to it as a Ponzi scheme due to their prior experience with one or two Ponzi scheme platforms in their desperation to make money.

The issue with publicizing Bitcoin knowledge, particularly in Nigeria, is that the government has yet to legalize Bitcoin, and so publicizing good news about Bitcoin may land one in hot water with the government.

[Sandra_hakeem]

The urban developments should be prioritized FIRST. How well does it sound if some grotesquely looking old man begin to modify the processes of tradefare, with proper terminologies and 'em kiddies be trippin'? Hehe...
Secondly, the interest, the value and the quest is cherished in the Urban; any core villager believes in what they plant,... That at the end of the year, perennial crops could bear fruits and they'll survive with that. Thirdly, studying BTC demands alot of global, internet exposure. You're guided by the things you read ...for the fact that information is key, everything you read on the web either becomes a good guide, or something that'll eventually make BTC a big repulsion.

Sandra 🧑‍🦰

[BitDane]

The slow phase of adoption in rural area is due to communication problem.  Unlike in urban places, communication is well established.  Lots of internet service providers are flocking in an urban area, making it easier for the people living on that area to access the internet.  While in rural area, even a cellular signal is very difficult in that place.  The access to ISP is also very difficult since most probably the infrastructure required to build internet service provider network is not available on that area.

In short information can easily transferred in a more developed area so we should not be surprised if rural area are lagging in terms of technological updates and adoption.

[Stable090]

As regards the wide spread of Bitcoin in our today society which should be of utmost priority? more awareness in urban cities or Exposure in rural communities? This might not be applicable to all nations but there are many rural communities cut across many nations around the world who don't still don't understand what Bitcoin is all about, what it values are and what it represent in our modern financial society.

Awareness is needed in both rural and urban areas, but according to the current situation of my country, then I will say bitcoin awareness should focus on rural areas, most people in rural areas those not even know anything about bitcoin, some people in rural areas those not even know that bitcoin exist, they haven’t heard the name bitcoin before. Rural areas need to be focused on heavily about bitcoin awareness, or it’s going to take long than I think before the rural areas that understanding or investing in bitcoin.

Specifically in Cameroon, Nigeria and Ghana where I have stayed in at different time, I discovered many rural areas in this countries still find it difficult differentiating Bitcoin from Ponzi schemes. In this case will sensitising people in this areas be a vain adventure following their  mindset.

My country is mentioned among the countries which you mentioned above which is Nigeria, bitcoin awareness is urban areas is really encouraging, at least reasonable numbers of people in urban areas that are investing in bitcoin is really encouraging, but when you get to rural areas, very few percentage of people in rural areas knows about bitcoin and most of them don’t believe in bitcoin, so they are not having any investment in bitcoin, that’s why I believe people in rural areas need more awareness.

[BlackBoss_]

As regards the wide spread of Bitcoin in our today society which should be of utmost priority? more awareness in urban cities or Exposure in rural communities? This might not be applicable to all nations but there are many rural communities cut across many nations around the world who don't still don't understand what Bitcoin is all about, what it values are and what it represent in our modern financial society.

Urban areas are more educated than rural areas with conditions they have from finance to infrastructures for education, entertainment, technologies and Internet. They have more advantage to be exposed to Bitcoin, new technologies and they have better conditions to connect to and use Internet.

Bitcoin can be used online with Internet or offgrid but normally we will use it online. Again urban citizens will have more advantage with better Internet.

In rural areas, when locals exposed to cryptocurrency, they can adapt to it quickly but they are more vulnerable to scams because they are less educated and more naively to believe in promising projects and might let their greediness blurs their minds. Scammers can expose them with Bitcoin story, Bitcoin Pizza story to make locals excited, then will switch to non-blockchain projects like Ponzi to scam.

[dansus021]

I dont know but Bitcoin nowadays is everywhere even some people in my area know the name Bitcoin even tho just barely know the name only, but this mean bitcoin is everywhere some local news discussed a lot when the price crash or the price is bull.

and Big constituent/ Investment company know on the race to made Bitcoin ETF namely few like BlackRock and Fidelity and those I believe can drive more people to get know about Bitcoin

[BlackBoss_]

I dont know but Bitcoin nowadays is everywhere even some people in my area know the name Bitcoin even tho just barely know the name only, but this mean bitcoin is everywhere some local news discussed a lot when the price crash or the price is bull.

They mostly are exposed with this market in each bull run when FOMO is very high, everywhere. Locals in rural areas will be exposed to this market and joined it like when people who went to people who sell vegetables, fishes at spontaneous small markets in rural areas started to join stock market.

They are not educated enough or no educated about this market and they only join with FOMO, greed, zero knowledge, you can guess what ending will wait them after a few months.

I believe rural areas will be important but locals must prepare more before joining the market. If they can learn enough before joining, they will be richer and contribute a lot to Bitcoin adoption.

[mk4]

Pretty sure the rural vs urban thing will differ from country to country. The relevancy of bitcoin on rural vs urban areas will totally depend on how much they 'need' Bitcoin — regardless if it's because of needing bitcoin as an actual inflation hedge, or probably just as a get rich quick scheme that people are willing to risk for better finances.

[noorman0]

-snip-
Specifically in Cameroon, Nigeria and Ghana where I have stayed in at different time, I discovered many rural areas in this countries still find it difficult differentiating Bitcoin from Ponzi schemes. In this case will sensitising people in this areas be a vain adventure following their  mindset.

Bitcoin can also be implicated in ponzi schemes and fraud in some news narratives, especially if reports of such cases are overwhelming in that country. So don't be surprised if a bunch of people come to the conclusion that bitcoin is a scam because most of them can't tell which is an entity and which is a process.

To be honest, I don't have the idea to give a proper understanding of bitcoin to stubborn people without considering the environmental basis they live in.

[348Judah]

As regards the wide spread of Bitcoin in our today society which should be of utmost priority? more awareness in urban cities or Exposure in rural communities?

The two should be taken with utmost priority since bitcoin is for all and not meant for some particular set of people by thier location, the little things that may challenges the remote areas are the possible availability to the learning aid and the possible internet access challengs but still yet they must be taught and have the awareness of bitcoin and for them to know there's an alternative different currency decentralized aside the USD they've been used to.

And how fast will adaptation and acceptance take place.

The people will always have a take in since it's something they all expect to have a change in how they were been controlled by the government and centralized commercial financial institutions and getting an alternative to them will not be an hesitation to them before taking.

[Fiatless]

As regards the wide spread of Bitcoin in our today society which should be of utmost priority? more awareness in urban cities or Exposure in rural communities? This might not be applicable to all nations but there are many rural communities cut across many nations around the world who don't still don't understand what Bitcoin is all about, what it values are and what it represent in our modern financial society.

Bitcoin education and awareness are important if we want to promote Bitcoin and increase adoption. But the urban area should be given more priority because they have the necessary facilities and income to invest in or use Bitcoin. Many people in the urban area have Android phones, internet connection, education, and saving. Although neglecting the rural area is not the best option because there might be people that are interested in the sector but in most cases, they don't have the basic facilities and finance needed to be involved in the sector.

Specifically in Cameroon, Nigeria and Ghana where I have stayed in at different time, I discovered many rural areas in this countries still find it difficult differentiating Bitcoin from Ponzi schemes. In this case will sensitising people in this areas be a vain adventure following their  mindset.

People in the rural areas in Western Africa can be easily deceived because there are many illiterates and poor inhabitants. They can be easily convinced to believe in a scam project and because of poverty most of them are attracted by many scam scheme that promises huge profit. Many of them have been scammed so when you come up with a legitimate investment, they conclude that it is also a scam.

And how fast will adaptation and acceptance take place. And are there any technique one can apply to impact this persons on the advantage of embracing Bitcoin without sounding like a scammer or a deceitful person. I don't know if any one has had similar encounter In time past.

Adopting or embracing Bitcoin is not by force. You cannot force them to accept Bitcoin because they are not your puppets. The only way is to tell them the whole truth about Bitcoin and let them decide what to do with the information.  Most of these scam schemes show them videos or pictures of people that have made money from the project. But you don't need to show off your profit to attract them because they might not be as fortunate as you and Bitcoin is not a magic money scheme.

[Husires]

I think that everyone who has had a previous experience in dealing with stocks or investment transactions will be afraid of bitcoin because it is something new and because there is a bad background about digital investments, whether it is Forex trading or buying stocks, in which brokers earn more than investors. I have a friend and he was surprised how you can increase your money without working, the rural areas strongly believe that you must work hard in hard work to get money, money cannot be obtained without effort or fatigue.

[Jating]

As regards the wide spread of Bitcoin in our today society which should be of utmost priority? more awareness in urban cities or Exposure in rural communities? This might not be applicable to all nations but there are many rural communities cut across many nations around the world who don't still don't understand what Bitcoin is all about, what it values are and what it represent in our modern financial society.

Specifically in Cameroon, Nigeria and Ghana where I have stayed in at different time, I discovered many rural areas in this countries still find it difficult differentiating Bitcoin from Ponzi schemes. In this case will sensitising people in this areas be a vain adventure following their  mindset.

And how fast will adaptation and acceptance take place. And are there any technique one can apply to impact this persons on the advantage of embracing Bitcoin without sounding like a scammer or a deceitful person. I don't know if any one has had similar encounter In time past.

I doubt there is a difference though, in your case then I wouldn't go that far and educating everyone. It's not that I don't want bitcoin to go global, but we want people to discover it by themselves and see the benefits of it in the long run.

Just like what you have witnessed, for some of them it is a Ponzi scheme, and maybe you will tell them that it is not. However, it there mindset is close already so even if you explain everything to them, they will have a close understanding already and it will be very difficult to change their stands. So be it, if they don't want to, then it's their lost not ours.

[SOKO-DEKE]

Specifically in Cameroon, Nigeria and Ghana where I have stayed in at different time, I discovered many rural areas in this countries still find it difficult differentiating Bitcoin from Ponzi schemes. In this case will sensitising people in this areas be a vain adventure following their  mindset.

The group of people who view bitcoin as ponzi schemes are those who have been defrauded by ponzi schemes in the past due to their desire to get rich quick and lack of due diligence when choosing their investment targets. Therefore, these individuals who have been victims numerous times automatically assume that any internet investments are frauds without conducting additional research.However, I will say this is not only occurring in rural areas but also urban areas.

And how fast will adaptation and acceptance take place. And are there any technique one can apply to impact this persons on the advantage of embracing Bitcoin without sounding like a scammer or a deceitful person. I don't know if any one has had similar encounter In time past.

The only way people can embrace Bitcoin without it sounding to them like a scam is by being enlightened about the importance of Bitcoin and giving them the proper knowledge they deserve to have about Bitcoin and the cryptocurrency industry. But why people will find it difficult to spread awareness of Bitcoin to those who don't know the existence of Bitcoin is that in many countries Bitcoin is not legalized, and to spread awareness of Bitcoin in those countries where Bitcoin is not legalized, it will be very difficult because once someone is cut by government, such will surely face the judgment for against the laws of the country.

[sunsilk]

It's one fact that there are still countries and communities that have hard time dealing with scams and ponzi schemes and it's because they lack financial education.

That's not just actually related to crypto but also in other scam schemes that's looking to victimize gullible people. These scammers are targeting people that have no financial education for them to target them easily.

Despite with awareness drive being done by groups and individuals, the sad fact is that the world is huge to cover all of them.