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Author Topic: Education and money as the key to Bitcoin adoption.  (Read 665 times)
AmoreJaz
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July 31, 2023, 11:56:32 PM
Last edit: August 01, 2023, 04:17:44 AM by AmoreJaz
 #101

Bitcoin awareness is not really the major problem of Bitcoin adoption because so many people are aware of Bitcoin but  the wrong information they receive daily by the government especially some of the politicians are the major reason why people are afraid to invest in Bitcoin even when they know that some of the informations are totally wrong.

Money is the key for Bitcoin adoption because without money we can do nothing but I think people have money but the fear of losing it has always been a major concern to them all because most people still see Bitcoin investment as a scam because of how the government has painted it in the ears of their citizens.
There are so many misinformations, FUDs, and scam issues that we heard online and in the newspaper making some people to doubts and remain uncertain. These are the big factors that stop them from having an interest. Well, of course, why should have to adopt Bitcoin if I was not sure? Definitely, we really need proper education in order to correct the wrong informations that we heard around us as it was a manipulating factor that affects our mindset Because as long as it was still there, uncertainties remain and the spread continues.
Proper education lets people to question and analyse than just believing in everything. Education gives the theoretical learning and the experience gives the real time usability of bitcoin. The goodness need to be shared in the right way, because people easily believe in the scams and false statements but thinks twice to believe in the reality happening around.

in short, ignorance is avoided if you are educated. you won't stop up until you have satisfactory answers from your doubts. also, you won't just say yes to everything you will read or hear, you have the initiative to know which ones are facts and whatnot.
and with the curiosity to know the facts, people won't just invest on projects blindly, so they will avoid being screwed by these scammers.

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August 01, 2023, 03:31:11 AM
 #102

Bitcoin awareness is not really the major problem of Bitcoin adoption because so many people are aware of Bitcoin but  the wrong information they receive daily by the government especially some of the politicians are the major reason why people are afraid to invest in Bitcoin even when they know that some of the informations are totally wrong.

Money is the key for Bitcoin adoption because without money we can do nothing but I think people have money but the fear of losing it has always been a major concern to them all because most people still see Bitcoin investment as a scam because of how the government has painted it in the ears of their citizens.

I don't think all governments scare their people into investing in BTC, because in my area people can invest in BTC because the government has allowed it, but the government in my area prohibits Bitcoin from being used as a means of payment. I've experienced is that people who scare people into investing in BTC are people who don't know about BTC.
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