People Are Not Nerdy Enough

[Juse14]

We are not enough just to read and analyze whether it's in bitcoin or something else. Everything is not in vain, but if you just read and analyze, it will only add to your knowledge and will not give you experience. Without leaving that, learning and knowledge are more important and we have to do, namely the implementation of the learning you do and the knowledge you get.

By implementing this learning and knowledge it is a form of direct self-actualization so that you not only know but participate and play a role in it and you will feel a direct impact on your learning so far. In addition, if you get involved in the world of bitcoin, you will earn income so that your learning and knowledge so far can be utilized as best as possible.

[1714722093]

1714722093

[1714722093]

1714722093

[famososMuertos]

Yes, I am complaining that people are not nerdy enough. It's been 14 years since Satoshi published his white paper and the vast majority of people still don't understand what Bitcoin is and how to use it. Sure there are many people buying Bitcoin on crypto exchanges and speculating on it.

However, the average guy on the street that I speak to, and even many people on crypto forums still don't understand Bitcoin's potential as a virtual commodity, or it's potential to create an alternative to Fiat economies. Maybe the problem is deeper than just a lack of understanding about the technology? Maybe it's a lack of understanding about economics as a whole? How many people are economists?

I understand that my frustration might be due to the fact that I am coming from a very privileged position. What are your thoughts on this?

Well...! Those same facts that you name should be the "inertia" that moves the inclusion of everyone to bitcoin, not only for the mere fact of what happens with the majority that arrives, which is related to price.

 In the past few days someone mentioned that they had bought $15 of bitcon, and many comments went along the line of investment, profit, etc.  But the reality is that for those of us who do not have access to the relevant purchase of bitcoin to aspire to their wealth, bitcon does remain as a technological access to be able to control our funds, whatever they are, and!  Therefore, people's freely access the great potential that Bitcoin has as a technology.

[panganib999]

Yes, I am complaining that people are not nerdy enough. It's been 14 years since Satoshi published his white paper and the vast majority of people still don't understand what Bitcoin is and how to use it. Sure there are many people buying Bitcoin on crypto exchanges and speculating on it.

However, the average guy on the street that I speak to, and even many people on crypto forums still don't understand Bitcoin's potential as a virtual commodity, or it's potential to create an alternative to Fiat economies. Maybe the problem is deeper than just a lack of understanding about the technology? Maybe it's a lack of understanding about economics as a whole? How many people are economists?

I understand that my frustration might be due to the fact that I am coming from a very privileged position. What are your thoughts on this?

OP out here really frustrated that he can't talk to people outside about bitcoin and crypto lols.

Jokes aside it could be frustrating, cause with all these movements and campaigns made about bitcoin's adoption you would think that we made significant progress on it, only to be disappointed when you ask people around, especially those within the ranges of Millenials to Boomers (cause in my experience a lot of zoomers right now are at least aware of what cryptocurrencies are and the potential for profit that they could provide) that are still not aware of what bitcoin is and what it could do to people's lives.

At the end of the day I just think that good things come to those who wait, so might as well wait and be patient about it yeah?

[Lanatsa]

Yes, I am complaining that people are not nerdy enough. It's been 14 years since Satoshi published his white paper and the vast majority of people still don't understand what Bitcoin is and how to use it. Sure there are many people buying Bitcoin on crypto exchanges and speculating on it.

However, the average guy on the street that I speak to, and even many people on crypto forums still don't understand Bitcoin's potential as a virtual commodity, or it's potential to create an alternative to Fiat economies. Maybe the problem is deeper than just a lack of understanding about the technology? Maybe it's a lack of understanding about economics as a whole? How many people are economists?

I understand that my frustration might be due to the fact that I am coming from a very privileged position. What are your thoughts on this?

Having those kind of counterreactions on what you do have in mind doesnt mean that other people arent really that nerdy or that techy which you cant blame them, there are some people who are fully aware of its

capability if we do speak about utility and real essence of Bitcoins existence but since they have that kind of realistic approach then they wont really be bothering themselves on trying out to fight on making
or thinking that Bitcoin could be able to have some division in terms of monetary utilities on just like on what fiat has. We cant really that able to deny that Bitcoin does have that revolutionary features
but doesnt mean that it would really be able to replace fiat into its position and this is why it wont really be shocking if there would be lots who would really be just simply
ignoring on this kind of topic because no matter how we do like it or not, it cant really just that happen.

They could both co-exist but doesnt mean that it would really be able to replace the traditional stuff and come to mind that government wouldn't really be letting this thing to happen in the first place.

[Majestic-milf]

 Some people just don't understand that change is a constant process and as such will prefer to stay at a spot. To them, they can be recording progress because the fiat in their bank accounts is piling up and wouldn't bother if their privacy is being tampered with.
 I was in a discussion with someone who opined that he prefers the cashless system for some obvious reasons like having to not run the risk of carrying cash around due to insecurity reasons but forgot that the government can be very controlling to the point that they can decide one morning to limit the amount of your money you withdraw.
Bitcoin has presented an alternative to such manipulation and control, but just as the Holy Book puts it, people die because of lack of knowledge .

[serveria.com]

Yes, I am complaining that people are not nerdy enough. It's been 14 years since Satoshi published his white paper and the vast majority of people still don't understand what Bitcoin is and how to use it. Sure there are many people buying Bitcoin on crypto exchanges and speculating on it.

However, the average guy on the street that I speak to, and even many people on crypto forums still don't understand Bitcoin's potential as a virtual commodity, or it's potential to create an alternative to Fiat economies. Maybe the problem is deeper than just a lack of understanding about the technology? Maybe it's a lack of understanding about economics as a whole? How many people are economists?

I understand that my frustration might be due to the fact that I am coming from a very privileged position. What are your thoughts on this?

I guess that lots of people know about Bitcoin and even how it works, they just pretend they don't either because they're afraid of the $5 wrench attack or something else. After the notorious hardware wallet leaks, I checked the leaked dbs just out of curiosity and there were lots of people I know, including those who mentioned they had no idea about Bitcoin or even were openly anti-Bitcoin.

[MinoRaiola]

Yes, I am complaining that people are not nerdy enough.

What are your thoughts on this?

I think there are 2-3 things that make this happen. One of them will be the most essential point, but first the technology and the possibility of a human being. In africa, people will not have the same opportunities as people in europe or america. There is no internet, or they dont have a computer with which they could buy bitcoin. This does not mean all people in africa. When tehre about 50% of the people in Africa dont have a bankaccount, that should be about 600 million people.

Secondly, many people do not have mutch money to invest, with a chance of losing everything. Many dont risk something.And last but not least: Understand what bitcoin really is, only a few.

[TheUltraElite]

I guess that lots of people know about Bitcoin and even how it works, they just pretend they don't either because they're afraid of the $5 wrench attack or something else. After the notorious hardware wallet leaks, I checked the leaked dbs just out of curiosity and there were lots of people I know, including those who mentioned they had no idea about Bitcoin or even were openly anti-Bitcoin.

Safety of money is a thing that haunts many people and comparing with a bank deposit there are less versed legal systems which can handle such a case. Eventually though things will get smoother but right now it is not so and hence we can only keep ourselves safe and hope that in future the legal system becomes mainstream enough about crypto.

Cybercrime is increasing at an exponential rate while the law enforcement is lagging behind in many countries. This deters potential bitcoin users to push this idea aside and keep away from crypto.

[Jawhead999]

Bitcoin is used to be as a payment alternative, but there's nothing wrong if someone use it to be a commodity. The fee required to transfer Bitcoin from one address to another is the reason why most people don't want to use it for daily transaction. The other reason is people tend to believe spending Bitcoin right now, they will lose the opportunity to sell when it's high. Not to mention some government forbid the usage of Bitcoin etc.

[KingsDen]

Yes, I am complaining that people are not nerdy enough. It's been 14 years since Satoshi published his white paper and the vast majority of people still don't understand what Bitcoin is and how to use it. Sure there are many people buying Bitcoin on crypto exchanges and speculating on it.

• Every new technology(I mean a technology that is totally new and not reformed) finds it difficult to breakthrough. Bitcoin has even tried more than others. It is barely a decade and now it is universal. Most people are not nerdy because they have ways they can earn and they so much trust the government and banks to save for them and for retirement.
• Bitcoin is technical, although a mere knowledge of sending and receiving Bitcoin is enough to use it. But truthfully in most cases more technicalities are needed. That is why the early developers were the most beneficiaries of bitcoin. Not everyone has the time to learn to use and secure their money themselves

[2double0]

First of all, Bitcoin was started as a social experiment to let people enjoy their finances on their own. So technology was more involved than speculation, but later when retail traders understood its potential and various buyers having the power to actually manipulate the markets at that time, they did their best to shake out the weak hands and accumulated too much. Later, when the institutional investors got in, again they only saw its potential in terms of money and not the technology behind, so they pumped it up by buying it like anything, which got the retailers' minds flabbergasted and they either sold at the top or bought it and those who bought high, sold at the low and this has been nothing but a speculative asset for everyone. Now, if we talk about the technology, blockchain had been a revolution and since then, many new things got invented but nobody gave a damn to it except just thinking about making money.

[macson]

snip

I understand that my frustration might be due to the fact that I am coming from a very privileged position. What are your thoughts on this?

why do you have to be frustrated with what you can't control, you can't make everyone have the understanding and belief in bitcoin as you have now, just let people open their hearts to bitcoin slowly even though it will take years to come.  the current generation, the majority of whom still close their hearts to bitcoin, will be replaced by a generation that certainly has a more modern rationale, so actually giving the bitcoin doctrine must start from small children ^{(you can start from the children around you maybe)}, slowly but surely people will have great curiosity about bitcoin.

[crwth]

I think it has come with age, especially for those not exposed to the technology age, let alone add more to it, like blockchain technology. It's hard to grasp the overall thing if you have no background in those types of things.

It's technical if you try to explain how it works, and non-tech-savvy people would have a hard time. It would be best if you were patient with those people. Maybe they are also concerned with the volatility and speculation happening in the cryptocurrency market.

There's an even more significant concern, I believe. It's about the misinformation that non-tech-savvy people can get and be victimized. Since they don't know much, they are prone to getting scammed, leading to "Fewer" people in the crypto space. It's hard to quantify, but you cannot blame them.

[ChiBitCTy]

There is actually a quite simple explanation for this...people are lazy.  As a financial advisor I'm meeting with people daily to discuss their finances.  I would say 95% of people simply have no clue about finances.  I mean the people who schedule appointments with me are at least smart enough to understand they need to seek professional help, there's countless people who are so afraid of even remotely thinking about or learning about finances/their retirement plans it’s not even funny.  For example, with retirement plans, often individuals set up an initial investment and amount coming out of their paychecks and then never look at it again. They never increase contributions or review their investments, which is so critically important. I can't even get many of my best friends to let me help them out for free (I've got close to 20 year of financial experience too, they know I'm a good advisor), that's just how much people dislike thinking about their finances.

When I speak to clients about bitcoin, which I get asked about often, they ALWAYS have the same thing in common. None of them truly understand how any of it works, they all store their coins on an exchange (typically Conbase, I mean Coinbase), they listen to my speech about the importance of buying a hardware wallet ( I always recommend Trezor ), they all tell me "yeah yeah I'll definitely buy a hardware wallet and call you to help me set it up"...none of them EVER do.  Typically they also own like 75% bitcoin and then have a slew of complete utter shitcoins that they know absolutely NOTHING about.  

People are lazy and stupid overall.  That is just a simple fact.

[Silberman]

Yes, I am complaining that people are not nerdy enough. It's been 14 years since Satoshi published his white paper and the vast majority of people still don't understand what Bitcoin is and how to use it. Sure there are many people buying Bitcoin on crypto exchanges and speculating on it.

However, the average guy on the street that I speak to, and even many people on crypto forums still don't understand Bitcoin's potential as a virtual commodity, or it's potential to create an alternative to Fiat economies. Maybe the problem is deeper than just a lack of understanding about the technology? Maybe it's a lack of understanding about economics as a whole? How many people are economists?

I understand that my frustration might be due to the fact that I am coming from a very privileged position. What are your thoughts on this?

The lack of understanding about the economy is something that is by design, politicians do not want people to understand how the economy really works or they will understand how affected and underprivileged they are by the system in place, also if people changed their behavior overnight then the economy will crumble as it depends on consumer spending and if people suddenly started to become more frugal the whole system will feel such a drop in the demand.

[cryptosize]

There is actually a quite simple explanation for this...people are lazy.  As a financial advisor I'm meeting with people daily to discuss their finances.  I would say 95% of people simply have no clue about finances.  I mean the people who schedule appointments with me are at least smart enough to understand they need to seek professional help, there's countless people who are so afraid of even remotely thinking about or learning about finances/their retirement plans that they'll just for example with retirement plans, set up an initial investment and amount coming out of their paychecks and then never look at it again.  I can't even get many of my best friends to let me help them out for free (I've got close to 20 year of financial experience too, they know I'm a good advisor), that's just how much people dislike thinking about their finances.

When I speak to clients about bitcoin, which I get asked about often, they ALWAYS have the same thing in common. None of them truly understand how any of it works, they all of their coins on an exchange (typically Conbase, I mean Coinbase), they listen to my speech about the importance of buying a hardware wallet ( I always recommend Trezor ), they all tell me "yeah yeah I'll definitely buy a hardware wallet and call you to help me set it up"...none of them EVER do.  Typically they also own like 75% bitcoin and then have a slew of complete utter shitcoins that they know absolutely NOTHING about. 

People are lazy and stupid overall.  That is just a simple fact.

And that's why the financial elites (Rothschilds own most central banks) rule the world.

[Issa56]

However, the average guy on the street that I speak to, and even many people on crypto forums still don't understand Bitcoin's potential as a virtual commodity, or it's potential to create an alternative to Fiat economies.

Then you can start enlightening the average guys you speak to on street about what bitcoin is really all about, I don’t think their is anything bad in that, and you can also teach everyone here on the forum about what bitcoin’s is all about.  What I notice is that lots of people take bitcoin as an investment alone, they just want to buy and hold, when they are in profit they are going to sell it back. I know bitcoin is not accepted in most countries, countries that accept bitcoin is just few, but their are some countries that bitcoin is rather legal or illegal, so am sure people in countries can transact easily without having any issue with the government. How I wish people can start making transactions with bitcoin frequently, we should be able to make purchases with bitcoin, stores should start accepting bitcoin as a payment method, that’s when I can say bitcoin is already serving its purpose.

I understand that my frustration might be due to the fact that I am coming from a very privileged position. What are your thoughts on this?

Are you calling yourself a privileged position because of you are a low rank? If your post is really making sense it’s normal, nobody cares about the rank you are, just do your best to make meaningful contribution to the forum, then you are good to go. Every high rank you see on the forum today started as a beginner, but your impact on the forum is what’s going to if you are going to grow.

[jeraldskie11]

Not all people have the same knowledge with you. We have to expect that not all my might don't understand just like we understand a thing and we should accept it. Instead of telling them that they are nerd because they don't Bitcoin, teach them what you've learn so that they will get knowledge from you. And not all people are slow learner, there are some just don't have knowledge. However, I will prefer those people whose slow learner but are interested to learn than to those who not. So if you're going to teach them, teach them with all your heart and you will see the better result.

[carlfebz2]

Not all people have the same knowledge with you. We have to expect that not all my might don't understand just like we understand a thing and we should accept it. Instead of telling them that they are nerd because they don't Bitcoin, teach them what you've learn so that they will get knowledge from you. And not all people are slow learner, there are some just don't have knowledge. However, I will prefer those people whose slow learner but are interested to learn than to those who not. So if you're going to teach them, teach them with all your heart and you will see the better result.

Different behavior
Different intellect
Different Approach
Different views/percetions
Different ideas
Different mindset
or whatever it would be....

Each person is born different on which there are ones who do able to accept new things if ever they would be able to encounter it.There are ones who are close minded no which on the time
that they would be saying that its not a good thing then they wont really be tending to look back and on the time that they would be seeing such changes or had been proved out then
this might be the time that they would be having considerations.

This is why just let those people on believing on whatever they do have in mind. You cant really force them on what are the things that should really be needing to be believed
and to those things that needs to engaged on just because you do also engage on it. Not all would be having the same mindset and the same financial capacity
which it is the main factor on which it is really that affecting overall decisions.

[lionheart78]

Not all people have the same knowledge with you. We have to expect that not all my might don't understand just like we understand a thing and we should accept it. Instead of telling them that they are nerd because they don't Bitcoin, teach them what you've learn so that they will get knowledge from you. And not all people are slow learner, there are some just don't have knowledge. However, I will prefer those people whose slow learner but are interested to learn than to those who not. So if you're going to teach them, teach them with all your heart and you will see the better result.

Different behavior
Different intellect
Different Approach
Different views/percetions
Different ideas
Different mindset
or whatever it would be....

Each person is born different on which there are ones who do able to accept new things if ever they would be able to encounter it.There are ones who are close minded no which on the time
that they would be saying that its not a good thing then they wont really be tending to look back and on the time that they would be seeing such changes or had been proved out then
this might be the time that they would be having considerations.

This is why just let those people on believing on whatever they do have in mind. You cant really force them on what are the things that should really be needing to be believed
and to those things that needs to engaged on just because you do also engage on it. Not all would be having the same mindset and the same financial capacity
which it is the main factor on which it is really that affecting overall decisions.

I highly agree!  Every person have their own preference.  Like my friend even though he is well verse with Bitcoin and its information, he chooses to invest his money in a restaurant.  I asked him why and he told me that he is more leaning to an investment that requires his management and effort.  He also told me that at least he has control over his investment and is not dictated by the whales that manipulates the market.