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Author Topic: Don't expect everyone to embrace Bitcoin  (Read 1016 times)
bussybuddy
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August 04, 2023, 07:46:01 PM
 #141

There are many people who have found success and changed their lives through investing in Bitcoin and other cryptocurrencies. There are many cases where people or organizations reject this technology but later regret the missed opportunity for growth and financial improvement. I objectively agree that not everyone will accept and see Bitcoin and cryptocurrencies as an investment opportunity, but I still encourage everyone to take this opportunity, but don't expect too much from it to get the same good results as in the other cases. Because whether you have knowledge or take risks, the element of luck is still something that represents luck.

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August 04, 2023, 08:25:53 PM
 #142

Yes, you are right if we talk about Bitcoin to other people who are interested, from the start we have to convey and underline and even we have to emphasize the explanation to them that investing in Bitcoin has some risks, so before deciding to go further they can consider it first.
It's not just talking about the beauty or benefits of investing in Bitcoin, if we just explain it like that then it's the same as building the perception that investing in Bitcoin is a way to get rich quickly.
Sometimes I feel very unfortunate if there is someone who is new and not much knows about cryptocurrencies and has minimal knowledge about cryptocurrencies and Bitcoin but insists on introducing and inviting many people to invest in Bitcoin.
At least someone who wants to introduce or invite others to invest in Bitcoin must have sufficient knowledge in order to have a mature concept to explain to introduce and teach Bitcoin investment in a structured and gradual manner.

At start when one set foot into the crypto world then he is interested to share his knowledge with others but he Don't know completely which become perilous for others as little knowledge is dangerous. It will be better if once a person get overall knowledge and then spread it among others.

Those who heard about bitcoin just welcomed to the financial gain and escape the rest of the negative results as a consequence of which their ends become fallacious. Such a behaviors is greedy as people just wants to enlarge their treasury but do not think that it also have some perils and greed is the most usual process through which investor or trader loss wealth.
Lack of knowledge would really be that dangerous, how much more into those people who tend to share up those ideas even if its not really that something complete or really in detailed on which focusing only on the

benefit factor and didnt really make out some explanation about its con's on which it would really be leading into misleading type of condition on which it would be causing for other people on experiencing those devastation because of the non sufficient information that they do able to get from other people.This is why on personal approach and decisions then it would be really that sensible that on the time that you do get
some random information from other people or even into closest one or your friend then it would be always that recommendable or suggested that you should really be digging further because there are really that things which might not really be able to explained out or had been skipped on which it would really be resulting into those wrong beliefs.

Wont really be that shocking if  there would be people who would really be that close minded when it comes to opportunities or things that they might be able to encounter which it wont really be that surprising
if there are people who arent that interested with crypto no mater how other people would be making out those kind of sharing about such information or even on the time that they would be able
to encounter it out.

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August 04, 2023, 09:45:51 PM
 #143

Bitcoin is not everyone’s favorite and goal so don’t expect that all people will head over heels on it. It’s only a temporary investment and currency for them so they will always think it’s never worth of their risk. And the fact that bitcoin is involved in some cryptocurrency scams, then obviously some people will still chose fiat over bitcoin and for now, their minds are close on bitcoin.

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August 04, 2023, 09:58:02 PM
 #144

Bitcoin isn't for everyone because it requires from the individual capacity of abstracting himself from his local imposed financial tradition. It requires a rupture of mindset, besides basic technological understanding and knowledge to access electronic devices connected to the internet (computers, laptops, smartphones, tablets...). You have to think outside the bubble to embrace Bitcoin, and as far as I know, the largest percentage of the population in the world live inside bubbles, which are their currently system of masses.

I believe we just can't suffer for these people not adopting Bitcoin. Let each person decide what is the best for their own lives and gather the fruits of their choices later on.

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August 04, 2023, 10:04:38 PM
 #145

The most important thing is that Bitcoin should be usable for those that believe and adopt it,  as an alternative to the traditional financial system and that is where the ultimate thing lies because Bitcoin adoption is motivated by several things and not everyone is looking for such things and due to the urgency of need not everybody will see bitcoin in the light of what Bitcoin is and stands for.

Is more better for a few percentages of those that believe in Bitcoin to continue to make efforts to building their own financial knowledge and continue to enjoy the alternative financial freedom that Bitcoin brings.
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August 04, 2023, 10:15:04 PM
 #146

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?



On the contrary, I think bitcoin is for everyone. Understandably, not everyone would be interested in bitcoin or some people may have the wrong notion about bitcoin that would have them totally uninterested in bitcoin. I myself once had the wrong notion about bitcoin and wasn’t interested then in bitcoin. It didn’t mean bitcoin wasn’t for me, as I’m now very much interested in it and thankfully, bitcoin is still there for me.

Obviously, it could be a tedious task trying to convince someone ignorant and swimming in misinformation. But there are also people out there with curious open minds who after digesting the truth and facts about bitcoin, would eagerly embrace bitcoin.
When I do try to talk about bitcoin to someone that’s skeptical, from our conversations, I would try and access how open minded the person is in learning new things and leaving his misconceptions aside.

There are people who may need a little more nudging and there are some that would willfully remain ignorant. It’s left for us to choose who to engage with the gospel about bitcoin.
You mentioned bitcoiners standing for something and eliminating central authority like the government lol. What actually do you propose?  An insurrection?
Really? Bitcoin for all" I understand your perspective. Everybody loves pie, right? Bitcoin is more complicated than apple pie. Its hard to get folks into this wild place. How can you convince them this isn't digital voodoo? Not a park walk... Some may be receptive, while others may be so resistant you might as well sell ice to an Eskimo.

That "overthrowing the government" is ridiculous. Not Tom Clancy's latest thriller, Bitcoin! The goal is to make more money, not to start a revolution or uprising.

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August 04, 2023, 10:27:31 PM
 #147

The way bitcoin investment is, not everyone would invest in it. There will still be those who won't invest in it, and there will also be those who would.

Let's take for instance "gold" Would I say many people all over the world know about gold and its worth, does everyone have it after they must have known its worth? I think your answer will be no. That's the same case with bitcoin. Despite the fact that many individuals are aware of bitcoin potential value, they still find it extremely difficult to invest in it. They won't want to trust it or make an investment in it. 

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August 04, 2023, 10:35:08 PM
 #148

The way bitcoin investment is, not everyone would invest in it. There will still be those who won't invest in it, and there will also be those who would.

Let's take for instance "gold" Would I say many people all over the world know about gold and its worth, does everyone have it after they must have known its worth? I think your answer will be no. That's the same case with bitcoin. Despite the fact that many individuals are aware of bitcoin potential value, they still find it extremely difficult to invest in it. They won't want to trust it or make an investment in it. 


Besides, investing in Bitcoin or knowing Bitcoin is not a life and death situation where a person will die if he will not accept Bitcoin or he missed out on Bitcoin information.  Life still goes on even when people is not into Bitcoin besides, even before Bitcoin is created many individuals also accumulated wealth in a different investment.  So it is normal to expect that not all people will immediately jump on the Bitcoin bandwagon.

If people see the potential in Bitcoin, they will invest in it but sadly there are still lots of people who do not see the potential of the Bitcoin market.
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August 04, 2023, 11:13:53 PM
 #149

The most important thing is that Bitcoin should be usable for those that believe and adopt it,  as an alternative to the traditional financial system and that is where the ultimate thing lies because Bitcoin adoption is motivated by several things and not everyone is looking for such things and due to the urgency of need not everybody will see bitcoin in the light of what Bitcoin is and stands for.

Is more better for a few percentages of those that believe in Bitcoin to continue to make efforts to building their own financial knowledge and continue to enjoy the alternative financial freedom that Bitcoin brings.
I very much agree with you bud, i believe that it is already a known fact that for anyone to be able to transact in bitcoin successfully without problems, they need at least, a basic level of technical knowledge,  with that knowledge, they know how to send, receive coins, and also know how to sell or buy coins, this knowledge will also help them understand how the bitcoin blockchain works, and some of the basic technical things do when they the chain gets clogged, like how to adjust gas fees and so on.

Any body with not enough education, that is someone who can hardly read or write, will sure find using bitcoin for their day to day transactions tedious, expect those who will be willing to take time to learn how to do all of those basic technical stuffs.

So yeah, like the subject title said, not everyone will embrace bitcoin for sure, because of the complexity in it, most especially, our already aged father and mothers, this ones will always prefer to stay with that which they are familiar with, the fiat , but for those that will embrace bitcoin, like you have said , it should be usable for us.

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August 04, 2023, 11:23:16 PM
 #150

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?

I can't find a topic that talks about a family member getting angry at another family for refusing bitcoin!  do I miss it?

since birth everyone has the right to whatever is their choice, including accepting bitcoin or rejecting it but is bitcoin bad?
when you explain something nice and people get angry about it, aren't you doing nothing wrong!
bitcoin is not a bad thing to teach so I don't see explaining bitcoin to other family members is a mistake, keep spreading bitcoin.  to others, it is a kindness even if you are rejected at the beginning.



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August 04, 2023, 11:37:33 PM
 #151

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?
Just as my friends didn't shove down investing in the stock exchange market to me, I replicate by not doing so with bitcoin. I get, not everyone will accept bitcoin. But occasionally, I send them a news article or share a tweet with them about bitcoin and the what is going on with it. Sometimes we have a conversation around it but they haven't invested. This is what I certainly do not understand about them. They have a pretty perfect understand about bitcoin but are not interested in investing because they are already doing well in the financial market. I don't expect them to embrace bitcoin but I hope one they they'll just try it out.

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August 04, 2023, 11:56:22 PM
 #152

There are many people who have found success and changed their lives through investing in Bitcoin and other cryptocurrencies. There are many cases where people or organizations reject this technology but later regret the missed opportunity for growth and financial improvement. I objectively agree that not everyone will accept and see Bitcoin and cryptocurrencies as an investment opportunity, but I still encourage everyone to take this opportunity, but don't expect too much from it to get the same good results as in the other cases.
There will be many people you know who may regret it when they learn about Bitcoin. So those who know about Bitcoin should tell their acquaintances about Bitcoin. Maybe there will be many people who will not care about Bitcoin but when they learn about it second time from someone else, they won't miss the moment anymore. And even knowing there, many won't collect bitcoins. They can reject the offer. But there is nothing to be disappointed. It is not a crime to inform people who don't know about Bitcoin yet rather they will regret when they will deserve about bitcoin.

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August 05, 2023, 01:53:48 AM
 #153

There are many people who have found success and changed their lives through investing in Bitcoin and other cryptocurrencies. There are many cases where people or organizations reject this technology but later regret the missed opportunity for growth and financial improvement.

In every good opportunity that presents itself, there are usually some people who get so sceptical about it that, at the end, they still regret it. It's something that happens repeatedly, and will never cease happening. There were also some early investors who sold out very early as well, but they are also regretting it today. Some people also get misled by their friends advice about their past experiences with other Altcoins, which is why they fail to give Bitcoin a chance. Also, some people think that Bitcoin investment is so risky that they can't give it a try. Well, what I just realised is that some people had it in mind to invest in or accept Bitcoin, but along the way, they got some misconceptions about it and just let it go.

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August 05, 2023, 02:36:36 AM
 #154

Don't waste your time convincing other people.

yes, I agree with your opinion and we as BTC investors, we should not convince other people to trust BTC, because of course everyone has their own opinion and it is different. because one day when the time comes, people will definitely find out what bitcoin is because now is the era of the internet, surely people will have the potential to find out what bitcoin is.
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August 05, 2023, 04:02:10 AM
 #155

There are many people who have found success and changed their lives through investing in Bitcoin and other cryptocurrencies. There are many cases where people or organizations reject this technology but later regret the missed opportunity for growth and financial improvement.

In every good opportunity that presents itself, there are usually some people who get so sceptical about it that, at the end, they still regret it. It's something that happens repeatedly, and will never cease happening. There were also some early investors who sold out very early as well, but they are also regretting it today. Some people also get misled by their friends advice about their past experiences with other Altcoins, which is why they fail to give Bitcoin a chance. Also, some people think that Bitcoin investment is so risky that they can't give it a try. Well, what I just realised is that some people had it in mind to invest in or accept Bitcoin, but along the way, they got some misconceptions about it and just let it go.
It is very normal, not only with bitcoin but in our own lives, we have missed a lot of different opportunities. Everyone will have a different vision and mindset, they may miss the opportunity with bitcoin but they can succeed with other things. Last year in my country, real estate suddenly increased rapidly, prices increased several times, in some places dozens of times in just a few months. I liken the rise in real estate prices same the rise of shitcoins, and it's like a trap. And I turned down the game and missed the chance, while some of my friends rejected bitcoin but they won the real estate craze. In the end, they are richer than I am and are enjoying life.

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August 05, 2023, 06:19:58 AM
 #156

There are many people who have found success and changed their lives through investing in Bitcoin and other cryptocurrencies. There are many cases where people or organizations reject this technology but later regret the missed opportunity for growth and financial improvement. I objectively agree that not everyone will accept and see Bitcoin and cryptocurrencies as an investment opportunity, but I still encourage everyone to take this opportunity, but don't expect too much from it to get the same good results as in the other cases. Because whether you have knowledge or take risks, the element of luck is still something that represents luck.
         And even more of those people who lost money on investing in Bitcoin. This is a very high-risk direction. Only those who are familiar with it and know how to manage risks should go here. Do you think there are many? No, this is far from true. A sufficiently large number of investors, traders completely thoughtlessly commit actions in pursuit of profit, which leads to the loss of all capital.
         Coming back after this is not so easy. Too much pressure is put on the psyche. Went through this myself. It was not a very pleasant time for me then. Barely survived it all.

Кpиптo пpecтyплeния, coвepшeнныe в PФ.
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August 05, 2023, 09:02:56 AM
 #157

Bitcoin is a digital assets used across the globe and it only function through internet, and not something like analog, most elderly people from age of late 40th upwards prefer analog of teach they're assets always and that is one of the reasons they are keep doubting Bitcoin, and Bitcoin coin price Keep appreciate in price as time goes on, I strongly believe when Bitcoin price reach $100,000 per 1BTC, the level of embrace of Bitcoin we increase more.
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August 05, 2023, 09:03:41 AM
 #158

There are many people who have found success and changed their lives through investing in Bitcoin and other cryptocurrencies. There are many cases where people or organizations reject this technology but later regret the missed opportunity for growth and financial improvement.

In every good opportunity that presents itself, there are usually some people who get so sceptical about it that, at the end, they still regret it. It's something that happens repeatedly, and will never cease happening. There were also some early investors who sold out very early as well, but they are also regretting it today. Some people also get misled by their friends advice about their past experiences with other Altcoins, which is why they fail to give Bitcoin a chance. Also, some people think that Bitcoin investment is so risky that they can't give it a try. Well, what I just realised is that some people had it in mind to invest in or accept Bitcoin, but along the way, they got some misconceptions about it and just let it go.
It is very normal, not only with bitcoin but in our own lives, we have missed a lot of different opportunities. Everyone will have a different vision and mindset, they may miss the opportunity with bitcoin but they can succeed with other things. Last year in my country, real estate suddenly increased rapidly, prices increased several times, in some places dozens of times in just a few months. I liken the rise in real estate prices same the rise of shitcoins, and it's like a trap. And I turned down the game and missed the chance, while some of my friends rejected bitcoin but they won the real estate craze. In the end, they are richer than I am and are enjoying life.
Of course because everyone is different with their habits and skills, and if they are comfortable and also very profitable in their field, it is not easy to switch to another place or to this industry because they will definitely start from scratch and learn it too.
and being involved with bitcoin or this industry is not just one advantage, but another. Very safe and comfortable to own and use, an asset that can store value in a very safe, transparent and also freedom because we control it ourselves. And bitcoin is a decentralized financial system that runs on a peer-to-peer consensus, created as an alternative to traditional money and can send and receive very quickly without limits and many other benefits.
and in terms of profit it depends on how many bitcoins we have and how long we hold them, because in the future bitcoin will definitely be very expensive and useful.

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blockman
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August 05, 2023, 09:10:30 AM
 #159

Those that are happy to share what Bitcoin is, there's nothing wrong with it. I've been there and done that and those people that have rejected me sharing what I've known with Bitcoin didn't stop and lose my optimism towards it. I understand that I may be alone on this journey with my family and that's totally fine because we've got different paths to take and I've chosen to take the risk that I've been with because I understand Bitcoin. Just don't be disappointed whenever you see people reject you when you're about to talk about them. They're interested to know what people are earning with Bitcoin but, they are not willing to take it further because whenever money talks, they'll be there to listen. But upon pulling out some bucks on their pockets, they are not there and will ghost it.

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August 05, 2023, 01:12:00 PM
 #160

It is very normal, not only with bitcoin but in our own lives, we have missed a lot of different opportunities. Everyone will have a different vision and mindset, they may miss the opportunity with bitcoin but they can succeed with other things. Last year in my country, real estate suddenly increased rapidly, prices increased several times, in some places dozens of times in just a few months. I liken the rise in real estate prices same the rise of shitcoins, and it's like a trap. And I turned down the game and missed the chance, while some of my friends rejected bitcoin but they won the real estate craze. In the end, they are richer than I am and are enjoying life.

It takes one to be lucky and do the right thing at the right time, and then the person can expect success in whatever they are doing. So it applies to crypto generally: there are people who have accumulated wealth and riches because of their investment in Bitcoin or other altcoins; the same is true for some people who have also invested in and made good profits from real Estate. Investing in Altcoins can make one lose their investment, unless the person is lucky enough to invest in an Altcoin that can earn them some profit before it crashes to an ATL that will never go up again. So, with Bitcoin investment, you don't just have to rely on it as the only source of income; otherwise, you will not be able to hold it until you are supposed to make a huge profit. That's the reason why some investors have success with it at the end because they were able to hold their coins and even keep accumulating more.

We know that while Investing in something, the higher your capital invested, the higher your profit, but some people also just invest a little amount and expect to make huge profits during the bull run, but it doesn't work like that. Bitcoin investment is not a miracle or magical money; it also has principles like the bigger your investment, the bigger your expected profit.

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