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Author Topic: Don't expect everyone to embrace Bitcoin  (Read 1016 times)
TheUltraElite
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July 21, 2023, 04:07:43 PM
 #101

It's true that when you expect something to happen and it doesn't, it hurts. That is also true with Bitcoin; if you expect someone to have a favorable attitude toward Bitcoin but instead receive negativity, you will be disappointed. It may have an impact on your positive outlook and deplete your energy, especially if you are emotionally affected by such statements. I understand that we want to assist others better their life in the future by teaching them about Bitcoin, but we must keep in mind that not everyone will agree and respond positively to you. You can easily go on and never be disappointed this way.
The faith in what matters here. Someone may be willing to spend some and become rich and for them if the patience and faith are good enough they can invest in bitcoin. But if these are lacking, they will move away from bitcoin, a good example is the get-rich-quick mindset people who are going into the HYIP/MLM schemes losing more than they make and calling bitcoin a scam.

We all want better living conditions, more money to spend but important thing is to know how to use the market to our advantage without making it a headache and having a long term approach to this helps and that is perfectly suited with bitcoin.

R


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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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July 21, 2023, 04:52:48 PM
 #102

Seeing a lot of people are still doubtful and suspicious about bitcoin, then I have to say that not everyone is liking the existence of bitcoin. Some have embraced it with so much eagerness while others dare to never trust bitcoin in the first place. So it’s a certain fact that bitcoin is not for everyone. However, let us know that even if bitcoin adoption will not be granted easily, but knowing bitcoin has high potentials to succeed in the future, then it’s value will never stop growing and it’s utility case will also be more useful in the end.

Bitcoin is for everyone because anyone can invest in bitcoin whether rich or poor, but the point is that some people will like it and some will not. Just like when we talk about investing, not everyone is interested in investing, there are also many people who prefer doing other things than investing.
Everyone has different opinions and thoughts, so don't impose your thoughts on others. Convincing or trying to force someone to use bitcoin is a bad idea and a waste of time. That's why I'm against teaching kids bitcoin, it's more like coercion than education.
It is open to everyone but it also matters how they look at it because we can't deny that many people are still ignoring this opportunity. There are still uncertainties to some people making them till now silent and have no intention to embrace Bitcoin.
Well, that was their choice either and we can't force them to open their minds and do what we did because, in the end, their decision still be going to follow. It's up to them to change their decision and besides, Bitcoin is still there and we can invest any time. 

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July 24, 2023, 07:38:30 AM
 #103

The earlier we understand that bitcoin is not for everyone, the better because it saves us the time and energy that we would have used to convince those who are uninterested, to move on to those who are interested and it can also drive adoption faster. I've read some threads here of some people trying to convince their family members on the positives of Bitcoin and get enraged if the said members don't share the same opinion as them but I feel everyone is entitled to his opinion and while some regard Bitcoin with outright disgust like Charlie Munger, there are some who care less of it's existence.

Bitcoiners have the opportunity to stand for something and that's eliminating the need for central authorities such as the government and banks and rather than forcing everyone to confirm to their beliefs, it's better to find an audience worth serving. What's your take, guys?

since the beginning of circulation, there will always be resistance to bitcoin and that is natural in my opinion. just informing the community that supports bitcoin I don't think it will be effective in accelerating adoption, I used to reject bitcoin but there was a time when I was very curious about bitcoin and finally I really felt the benefits of bitcoin. As bitcoiners, we also have a responsibility to share Bitcoin with everyone, of course, slowly.



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July 24, 2023, 09:24:08 AM
 #104

The earlier we understand that bitcoin is not for everyone, the better because it saves us the time and energy that we would have used to convince those who are uninterested, to move on to those who are interested and it can also drive adoption faster. I've read some threads here of some people trying to convince their family members on the positives of Bitcoin and get enraged if the said members don't share the same opinion as them but I feel everyone is entitled to his opinion and while some regard Bitcoin with outright disgust like Charlie Munger, there are some who care less of it's existence.

Bitcoiners have the opportunity to stand for something and that's eliminating the need for central authorities such as the government and banks and rather than forcing everyone to confirm to their beliefs, it's better to find an audience worth serving. What's your take, guys?

since the beginning of circulation, there will always be resistance to bitcoin and that is natural in my opinion. just informing the community that supports bitcoin I don't think it will be effective in accelerating adoption, I used to reject bitcoin but there was a time when I was very curious about bitcoin and finally I really felt the benefits of bitcoin. As bitcoiners, we also have a responsibility to share Bitcoin with everyone, of course, slowly.

Of course, we will still share bitcoin with everyone around us but we also need to be ready and prepared for the fact that not everyone will invest in bitcoin when we share it with them. There will be people who flatly refuse and there will be people like us who love bitcoin. But honestly, I won't do this often because I don't want to waste my time too much.

Moreover, with the current development of social networks, finding information about bitcoin is not too difficult. And investing in bitcoin is beneficial for them, they should find out for themselves, don't wait for others to give them the opportunity.

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July 24, 2023, 10:33:24 AM
 #105

We cannot force everyone to embrace nor like bitcoin because that is against the Law of investment.

But best to Do our best to contribute , yes we cannot make them all agreed but at least we bring what we can to produce for the adoption of crypto.

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July 24, 2023, 01:46:25 PM
Merited by The Sceptical Chymist (2)
 #106

 There's the saying that you can only force the horse to the stream but can't force it to drink water..the more you keep convincing someone of the good of Bitcoin and he's not buying your words, you can be upset and this might lead the person to think it's a scam project.
 When you understand that not everyone is supposed to embrace the idea of Bitcoin, it then means you are mature enough to respect their decision.

 There's always going to be conflict of interest and therefore while there are some who outrightly disgust it, some are on the fence because it's like they are weighing which has more value than the other..

R


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July 24, 2023, 02:14:11 PM
 #107

That's what I do by not forcing anyone, but when the closest people like family ask for investment advice, then in any way I will suggest dropping money in Bitcoin. Moreover, 2023 is the ideal year as well as the shortest year to achieve big profits where welcoming ATH bitcoin does not need to wait every 4 years.

That way I don't need to emphasize more than what I have to offer, because in any case the decision returns to each of them. As a result, they believed in my advice and agreed on any risks in the future, profits and losses are always there, but in Bitcoin they said they would not regret it.

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July 24, 2023, 02:30:24 PM
 #108

Bitcoin is created for everyone but some people choose to stay away because they don't understand what this digital currency is all about, some people don't even know that there is something that has no inflation and it's form of money, if they have this knowledge maybe they will have interest right away, this is why I don't want to stop smearing the news about Bitcoin to those that come closer to me, it's safer to have money in Bitcoin than banks now, my local currency just lost an extra 100 to the dollar, inflation is killing us hard here and the only advantage I have is most of my money are in Bitcoin and USD, I would have been down a lot of I am holding fiat today.

Bitcoin wasn't created for everyone, it was just created and opened to everyone. Anybody that wants to benefits form using bitcoin should decide to embrace it. But not everyone will welcome Bitcoin like as the government aren't happy about bitcoin and fighting to destroy it.

We have those that doesn't trust the internet and avoid using things that are on the internet like bitcoin, this set of people won't want to hear anything you tell them about bitcoin and those that have passed experience that weren't memorable won't embrace bitcoin as well.

If you're teaching someone about bitcoin and they refused to understand, don't force them because they might blame you if they lose money with their Bitcoin investment due to their impatience or been very careless with their investment and losing it to scammers.

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July 24, 2023, 02:43:31 PM
 #109

Well of course it is. That is, it would be more effective for us to prioritize teaching people who are interested in bitcoin but don't have enough basic knowledge to get started. Trying to convince people who aren't even interested in the decentralized system and Bitcoin will probably only make us talk to ourselves without them really listening.

But I believe that sooner or later the majority of the next generation will be interested in this system. The current older generation basically does not have enough capacity to understand complex things like crypto. And only a small part are interested and can understand it. while the rest when they are interested we even find it difficult to make them understand. Yes, you certainly understand how difficult it is to teach seniors who even have difficulty using smartphones.

And I prefer to focus on myself. And if anyone asks then of course we have to answer and if no one asks then I don't think we need to be campaigning about building awareness about bitcoin. Because without thinking about campaigning, the direction of technological progress will subconsciously direct humans to the digital era. so inevitably they will be compelled to learn crypto and bitcoin. We just have to be grateful because we have entered earlier than those who have not entered at this time.

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July 24, 2023, 02:54:32 PM
 #110

Being a bitcoiner we need to share the good word about bitcoin to others. Further it is their mind, how to take it. Some find it positive whereas majority find it hard to believe and understand at the beginning. Only through their self interest it is possible to know well about bitcoin. All of the sudden none will embrace bitcoin, only after experiencing the goodness out of bitcoin one will embrace it.

People have difference of thoughts as well as different expectations from bitcoin and cryptocurrencies. Based on the fulfilment one have achieved through it will make a person find the good in it. We should have better learning about bitcoin, so that we can convey things in a better way than just giving hints.
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July 24, 2023, 05:42:04 PM
 #111

Being a bitcoiner we need to share the good word about bitcoin to others. Further it is their mind, how to take it. Some find it positive whereas majority find it hard to believe and understand at the beginning. Only through their self interest it is possible to know well about bitcoin. All of the sudden none will embrace bitcoin, only after experiencing the goodness out of bitcoin one will embrace it.

People have difference of thoughts as well as different expectations from bitcoin and cryptocurrencies. Based on the fulfilment one have achieved through it will make a person find the good in it. We should have better learning about bitcoin, so that we can convey things in a better way than just giving hints.
Try to look at the search queries, how many people are now trying to find profitable investments, everyone is trying to find where to invest money to save them from inflation, as this has become very relevant these days. Now no one will say that bitcoin is a pyramid scheme, or a scam, everyone sees that it is not going anywhere and is growing in price, so I think many people may be interested in bitcoin first of all as a good investment and in the future, whoever wants to can explore all its other advantages.

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July 24, 2023, 09:40:39 PM
 #112

Yes this is way more practical than to set high your expectations and believe that everyone will come to like and embrace bitcoin. Everyone has its own preference, some will only trust fiat and some will chose to be open minded and start seeing the potentials of bitcoin, and eventually embrace it once proven good and worthy. But one thing is certain, the youths of today will definitely favor on newest technology like bitcoin than just focus their time on a boring fiat.

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July 24, 2023, 09:46:48 PM
 #113

I think that there is a matrix that was necessary in its beginnings, the disclosure that focused on the person to person, but that was at the time when Bitcoin was known to a few people.

Today you have to get out of your head that you have to go around preaching use bitcoin and in fact the issue of adoption is something that flows by its own inertia throughout the entire bitcoin community environment.

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July 24, 2023, 09:54:07 PM
 #114

Being a bitcoiner we need to share the good word about bitcoin to others. Further it is their mind, how to take it. Some find it positive whereas majority find it hard to believe and understand at the beginning. Only through their self interest it is possible to know well about bitcoin. All of the sudden none will embrace bitcoin, only after experiencing the goodness out of bitcoin one will embrace it.

People have difference of thoughts as well as different expectations from bitcoin and cryptocurrencies. Based on the fulfilment one have achieved through it will make a person find the good in it. We should have better learning about bitcoin, so that we can convey things in a better way than just giving hints.
Try to look at the search queries, how many people are now trying to find profitable investments, everyone is trying to find where to invest money to save them from inflation, as this has become very relevant these days. Now no one will say that bitcoin is a pyramid scheme, or a scam, everyone sees that it is not going anywhere and is growing in price, so I think many people may be interested in bitcoin first of all as a good investment and in the future, whoever wants to can explore all its other advantages.
Just let adoption and recognition would do progress or do its job, they might really be having those bad impressions and beliefs or misinformation about Bitcoin or entire crypto space but time will come that they would really be able to realize that they had missed out the great opportunity for them to earn some good profit on the time that they have seen that Bitcoins price is going up and this is where regret would really set in.

This is why just let those people who dont believe into its potential and this isnt only talking about its investment opportunity or benefit but also when it comes to utility then there's no doubt that Bitcoin features
are really that irrelevant specially into those people who are really that prioritizing anonymity and decentralization on which it is really that something that they would appreciate into.
Its really that normal that there would be those people who would be seeing this as a ponzi scheme or whatsoever which we cant blame them but if they had made out some indepth research
about it then they would really be saying to themselves that they are really just that fooling themselves on something isnt true.

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July 24, 2023, 10:00:37 PM
 #115

The earlier we understand that bitcoin is not for everyone, the better because it saves us the time and energy that we would have used to convince those who are uninterested, to move on to those who are interested and it can also drive adoption faster. I've read some threads here of some people trying to convince their family members on the positives of Bitcoin and get enraged if the said members don't share the same opinion as them but I feel everyone is entitled to his opinion and while some regard Bitcoin with outright disgust like Charlie Munger, there are some who care less of it's existence.

I think if you are making a living from Bitcoin or blockchain, then it's necessary to explain how it works properly to your friends and family, or else how will they understand your purpose and your day to day life? It's better that they understand the unique nature, how it works and how much resilience you need to be a part of Bitcoin, rather than thinking you are a part of some scam or wasting your time for a living.

It's better to try and educate those who will be more receptive to learning than those who are stubborn or strangers to you.

Bitcoiners have the opportunity to stand for something and that's eliminating the need for central authorities such as the government and banks and rather than forcing everyone to confirm to their beliefs, it's better to find an audience worth serving. What's your take, guys?

You need to pick your battles wisely. Someone who is curious and seems to have an open mind might be a better option than someone who is not open to the idea of an alternative, peer to peer cash system.
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July 24, 2023, 11:06:44 PM
 #116

The earlier we understand that bitcoin is not for everyone, the better because it saves us the time and energy that we would have used to convince those who are uninterested, to move on to those who are interested and it can also drive adoption faster. I've read some threads here of some people trying to convince their family members on the positives of Bitcoin and get enraged if the said members don't share the same opinion as them but I feel everyone is entitled to his opinion and while some regard Bitcoin with outright disgust like Charlie Munger, there are some who care less of it's existence.

I think if you are making a living from Bitcoin or blockchain, then it's necessary to explain how it works properly to your friends and family, or else how will they understand your purpose and your day to day life? It's better that they understand the unique nature, how it works and how much resilience you need to be a part of Bitcoin, rather than thinking you are a part of some scam or wasting your time for a living.

I do not think that we have the responsibility to tell our friends what is our source of income.  I believe it is a personal thing unless we are eager to share them about the information.

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It's better to try and educate those who will be more receptive to learning than those who are stubborn or strangers to you.

I agree we must select those who are interested to learn.  Those who are not will only waste our time and effort.

Bitcoiners have the opportunity to stand for something and that's eliminating the need for central authorities such as the government and banks and rather than forcing everyone to confirm to their beliefs, it's better to find an audience worth serving. What's your take, guys?

You need to pick your battles wisely. Someone who is curious and seems to have an open mind might be a better option than someone who is not open to the idea of an alternative, peer to peer cash system.

I agree, between the person who is open-minded and not, It is better to share information to people who are open for new knowledges because there is a more chance that these kinds of people will get interested to new things and new technology  such as Bitcoin.

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July 24, 2023, 11:13:15 PM
 #117

Everyone aren't like minded, even now people find it hard to believe that a number have got value and there is no physical presence of bitcoin similar to the paper currency. This is how our people, and to make them understand the technicalities is really a tough task. There are people who always look for a better investment choice and finds bitcoin. Going through the chart itself enough for them to choose it to be the right one for investment. More change needs to happen and this doesn't happen all of the sudden. It takes time for the common man to understand and get adopted to it, then only bitcoin is being believed strongly and recommended.

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Quidat
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July 24, 2023, 11:28:13 PM
 #118

Everyone aren't like minded, even now people find it hard to believe that a number have got value and there is no physical presence of bitcoin similar to the paper currency. This is how our people, and to make them understand the technicalities is really a tough task. There are people who always look for a better investment choice and finds bitcoin. Going through the chart itself enough for them to choose it to be the right one for investment. More change needs to happen and this doesn't happen all of the sudden. It takes time for the common man to understand and get adopted to it, then only bitcoin is being believed strongly and recommended.
Ones who do have that kind of impressions is into those people who are close minded and not really that welcoming for any new things that had popped out or any changes that emerged.
They would be sticking on believing about fiat or paper cash and wont really be tending to get involved into things online on which they would really be making out some generalization that it is really
that something a ponzi or a scam because they werent able to hear up from before. Just like on what others been saying above that it would be better on letting them be on what are the things that they are currently believing because they are the only ones who would be missing out those good things to happen specially when the bull run time comes. Adoption and recognition is on the move
and theres a country that do accepts Bitcoin. How it could be considered to be a scam or fraud on this way?
rikybrosh
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July 25, 2023, 01:44:07 AM
 #119

I took business management in college and I learn that we can not satisfy all people. what we need to do is focus on our target market, it can save more resource and win in the market. in this case i agree with you, I don't expect anyone to embrace bitcoin. but at least we can inform them about the existing of bitcoin. one of bitcoin advantage is the fast and secure transactions no matter how long the distance is, in this case we can inform people who always make such transactions but the have difficulties in cost that big or difficulties to access bank or remittance service.

xSkylarx
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July 25, 2023, 01:50:54 AM
 #120

Everyone aren't like minded, even now people find it hard to believe that a number have got value and there is no physical presence of bitcoin similar to the paper currency. This is how our people, and to make them understand the technicalities is really a tough task. There are people who always look for a better investment choice and finds bitcoin. Going through the chart itself enough for them to choose it to be the right one for investment. More change needs to happen and this doesn't happen all of the sudden. It takes time for the common man to understand and get adopted to it, then only bitcoin is being believed strongly and recommended.

But if they see the price of Bitcoin for sure, they are starting to learn it. This also happened last ATH as people were jumping to it even though the price was too high, which is why a lot of people also lost money as they just jumped in without learning. Though still, there are other people who see it as a bad thing, which is why they are the kind of people who find it difficult to invest in or learn Bitcoin, which we shouldn't try to pursue as it is just wasting your time.
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