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Author Topic: Don't expect everyone to embrace Bitcoin  (Read 1062 times)
BITCOIN4X
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August 05, 2023, 03:58:08 PM
 #161

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I definitely agree with this. Despite the growing popularity of Bitcoin, not everyone is jumping on with the cryptocurrency trend because, to begin with, it is not made to please and encourage everyone. Some still remain skeptical about its long-term viability, which is okay. Whatever the reason, it's clear that not everyone is ready to embrace the digital future just yet.
Of course, not everyone agrees and will accept bitcoins as currency. Bitcoin is for everyone, but not everyone is for bitcoin. In fact we cannot deny that a large part of the crypto community on this forum also does not have bitcoins in their portfolio, while they tend to own altcoins regardless of the reason for having them.

The gradual growth in adoption may encourage people to use bitcoin as a means of payment, but I don't think bitcoin is a mainstream currency that will be adopted en masse around the world. I think bitcoin is an alternative currency worth considering, but as said bitcoin is not for everyone to pay for but bitcoin have become an investment asset to generate profits.

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August 05, 2023, 04:10:01 PM
 #162

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I definitely agree with this. Despite the growing popularity of Bitcoin, not everyone is jumping on with the cryptocurrency trend because, to begin with, it is not made to please and encourage everyone. Some still remain skeptical about its long-term viability, which is okay. Whatever the reason, it's clear that not everyone is ready to embrace the digital future just yet.
Of course, not everyone agrees and will accept bitcoins as currency. Bitcoin is for everyone, but not everyone is for bitcoin. In fact we cannot deny that a large part of the crypto community on this forum also does not have bitcoins in their portfolio, while they tend to own altcoins regardless of the reason for having them.

The gradual growth in adoption may encourage people to use bitcoin as a means of payment, but I don't think bitcoin is a mainstream currency that will be adopted en masse around the world. I think bitcoin is an alternative currency worth considering, but as said bitcoin is not for everyone to pay for but bitcoin have become an investment asset to generate profits.
The main problem is that being your own bank is very cool but not everyone is ready for something like that, or maybe they just don't want that kind of responsibility. I love bitcoin I totally understand those people who don't fell like managing alone their money because with the banks, usually, you have some kind of insurance, with cryptos you don't.

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August 05, 2023, 04:20:46 PM
 #163

~Snip
I definitely agree with this. Despite the growing popularity of Bitcoin, not everyone is jumping on with the cryptocurrency trend because, to begin with, it is not made to please and encourage everyone. Some still remain skeptical about its long-term viability, which is okay. Whatever the reason, it's clear that not everyone is ready to embrace the digital future just yet.
Of course, not everyone agrees and will accept bitcoins as currency. Bitcoin is for everyone, but not everyone is for bitcoin. In fact we cannot deny that a large part of the crypto community on this forum also does not have bitcoins in their portfolio, while they tend to own altcoins regardless of the reason for having them.

The gradual growth in adoption may encourage people to use bitcoin as a means of payment, but I don't think bitcoin is a mainstream currency that will be adopted en masse around the world. I think bitcoin is an alternative currency worth considering, but as said bitcoin is not for everyone to pay for but bitcoin have become an investment asset to generate profits.

There will be people who find benefits in using or investing bitcoins, but there are also people who don't like risk to invest, don't care about privacy, they have no reason to accept bitcoin. God can't please everyone, bitcoin is no exception and that's normal. And you're right, this is a bitcoin forum, and it takes precedence over any shitcoins, but many people don't hold bitcoins, and they will choose shitcoins.

Even if bitcoin is supported and used by everyone, it is unlikely to become the main currency of the world. Since the government won't allow that to happen, they will never accept something they can't control, because that would make them lose control over us.


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August 05, 2023, 04:38:54 PM
 #164

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.
People that pressures their friends, colleagues, family members into being interested in bitcoin to come and invest are doing a bad job. Bitcoin doesn't need the crowd for it to be unique or valuable rather it people that need bitcoin for them to have access to financial freedom from centralized entities and at same time making profits out of it.
People that don't understand what financial free entails in all ramifications are the people that are always uninterested about bitcoin and they don't need forcing, let them brand exert that energy somewhere else.

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August 06, 2023, 02:27:17 AM
 #165

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.

When it comes to applications and utilities, investing in bitcoin will have an edge over traditional centralized systems. Bitcoin is a new technology so obviously, they will have more advantages, but if only talking about profits and opportunities, bitcoin is not the only opportunity but there are many potential things for us to exploit. Whether it's bitcoin, gold, stocks, real estate... all are means and whether we take advantage of them to turn them into opportunities or not, completely depends on each person's ability.

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August 06, 2023, 03:52:05 AM
 #166

Bitcoin is not mandatory for everyone, those who have interest in using Bitcoin will use it and those who have no interest need not use Bitcoin.  It's a personal matter.  I think people who know about bitcoin and what are its benefits and how to use it are mainly interested in using bitcoin.  People who do not know about the benefits of Bitcoin and how to use it will not accept Bitcoin. Since there are many financial systems in the world, everyone's preferences can be different.  I have many friends who know nothing about what bitcoin is and how bitcoin works even though I told them but they had no interest so I let them go.
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August 06, 2023, 08:56:10 AM
Merited by The Sceptical Chymist (2)
 #167

 I remember when I first heard of Bitcoin. I was quite sceptic about it because several get rich quick schemes had come and gone so I regarded it that way. But later on, my perception changed and I tried telling someone about it and the first question I was asked was this; "if my funds get missing, who can I report to?" I didn't have the appropriate answer to give back then because I hadn't really known much about it, just the basics. But the truth is, even if I had supplied an answer or a precaution to avoid such incidence, he'd still prefer the traditional financial institutions because that way he feels secure.
 At this point, some people prefer their privacies being breached as long as their funds can be accounted for.

 
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August 06, 2023, 04:41:03 PM
 #168

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.

I definitely agree with this. Despite the growing popularity of Bitcoin, not everyone is jumping on with the cryptocurrency trend because, to begin with, it is not made to please and encourage everyone. Some still remain skeptical about its long-term viability, which is okay. Whatever the reason, it's clear that not everyone is ready to embrace the digital future just yet.
In fact, at first, it's likely that many of us here have felt the same just as those people that have been negative about Bitcoin upon hearing it for the first time. With all internet scams rotating there on the web and just trying to look for their next victim, it is very understandable that they don't just want to jump on the bandwagon so quickly. So basically, it's take it or leave it when you try to do an effort convincing people but it's not really required at all.

However, as more and more business transactions begin to accept Bitcoin as a legitimate form of payment, we could see a shift in attitudes towards this. Still, only time will tell whether Bitcoin will become a universally accepted currency or whether it will remain a niche interest only for a few
Yup, time will tell until many of those pessimistic about Bitcoin will have to change their thoughts. But whether we're many or few, the important thing here is us. No one from those negative people will change our minds from being attached to it.
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August 07, 2023, 05:38:52 AM
 #169

Bitcoin is not mandatory for everyone, those who have interest in using Bitcoin will use it and those who have no interest need not use Bitcoin.  It's a personal matter.  I think people who know about bitcoin and what are its benefits and how to use it are mainly interested in using bitcoin.  People who do not know about the benefits of Bitcoin and how to use it will not accept Bitcoin. Since there are many financial systems in the world, everyone's preferences can be different.  I have many friends who know nothing about what bitcoin is and how bitcoin works even though I told them but they had no interest so I let them go.
     I strongly advise against telling your friends anything about Bitcoin. If they lose money, then you will be the first to be blamed for your losses. They themselves must find out everything about it, and you will remain out of business. Trust me, it will be much better for you.
     I went through this myself and didn't like the results. I really regret this. If I had known in advance how it would all turn out, I would never have done so.

 
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August 07, 2023, 06:49:01 AM
 #170

Bitcoin is not mandatory for everyone, those who have interest in using Bitcoin will use it and those who have no interest need not use Bitcoin.  It's a personal matter.  I think people who know about bitcoin and what are its benefits and how to use it are mainly interested in using bitcoin.  People who do not know about the benefits of Bitcoin and how to use it will not accept Bitcoin. Since there are many financial systems in the world, everyone's preferences can be different.  I have many friends who know nothing about what bitcoin is and how bitcoin works even though I told them but they had no interest so I let them go.

There are still people even they know the benefits on it but still not using it , right now everything is accesable online and Ive noticed before when the ATH hits where it got trending on social media a lot of people are interested on it and at the same time they learn it but again they still not used it , others may say that they dont have money and others just dont want to invest on it. Right now, we can see Bitcoin as an investment; that is why we are here and want to gain profit. We should leave those people who don't want to use Bitcoin, as we are just wasting our time.
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August 07, 2023, 07:16:12 AM
 #171

Bitcoin is not mandatory for everyone, those who have interest in using Bitcoin will use it and those who have no interest need not use Bitcoin.  It's a personal matter.  I think people who know about bitcoin and what are its benefits and how to use it are mainly interested in using bitcoin.  People who do not know about the benefits of Bitcoin and how to use it will not accept Bitcoin. Since there are many financial systems in the world, everyone's preferences can be different.  I have many friends who know nothing about what bitcoin is and how bitcoin works even though I told them but they had no interest so I let them go.

There are still people even they know the benefits on it but still not using it , right now everything is accesable online and Ive noticed before when the ATH hits where it got trending on social media a lot of people are interested on it and at the same time they learn it but again they still not used it , others may say that they dont have money and others just dont want to invest on it. Right now, we can see Bitcoin as an investment; that is why we are here and want to gain profit. We should leave those people who don't want to use Bitcoin, as we are just wasting our time.

It could be the people don't want to risk on something that few people use, it's like the influence in the environment if few people are using Bitcoin in their everyday life then most likely they wouldn't be using Bitcoin as well. Its like the hassle for them to use something that everyone doesn't use. Plus despite that anyone could just learn everything online, some people doesn't have the time to study Bitcoin. Like whole day they are just working their ass off and once they got home they would do the housework as well. But the main reason I could think of is that people wouldn't want to take the risk of putting their funds into investment such as Bitcoin, they might have funds or none they would just don't want to risk onto something they think complicated. Well, it's like an investment too for yourself when you study Bitcoin as I said some people doesn't have the time.

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August 07, 2023, 09:27:29 AM
 #172

Bitcoin is not mandatory for everyone, those who have interest in using Bitcoin will use it and those who have no interest need not use Bitcoin.  It's a personal matter.  I think people who know about bitcoin and what are its benefits and how to use it are mainly interested in using bitcoin.  People who do not know about the benefits of Bitcoin and how to use it will not accept Bitcoin. Since there are many financial systems in the world, everyone's preferences can be different.  I have many friends who know nothing about what bitcoin is and how bitcoin works even though I told them but they had no interest so I let them go.

Is not mandatory but has a lot of importance, for does that actually know its value, something that gets me angry someone will come to you willingly of his or her interest in Bitcoin, and once the marks start turning they start complaining, have learned, once you tell me of your interest I tell you to do your own research, and from what you understand we can take it from there if you are still interested since I will make it to be a thing of choice. and the majority are still seeing it has pozi and are scared to invest, just watch and see once the price of bitcoin starts going up that is when you see people having interest and it is a very good advantage to the market when they are supposed to invest they did not rather when the price starts drawing attention everywhere that is when they start having interest.

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August 07, 2023, 12:09:55 PM
 #173

Bitcoin is not mandatory for everyone, those who have interest in using Bitcoin will use it and those who have no interest need not use Bitcoin.  It's a personal matter.  I think people who know about bitcoin and what are its benefits and how to use it are mainly interested in using bitcoin.  People who do not know about the benefits of Bitcoin and how to use it will not accept Bitcoin. Since there are many financial systems in the world, everyone's preferences can be different.  I have many friends who know nothing about what bitcoin is and how bitcoin works even though I told them but they had no interest so I let them go.

Is not mandatory but has a lot of importance, for does that actually know its value, something that gets me angry someone will come to you willingly of his or her interest in Bitcoin, and once the marks start turning they start complaining, have learned, once you tell me of your interest I tell you to do your own research, and from what you understand we can take it from there if you are still interested since I will make it to be a thing of choice. and the majority are still seeing it has pozi and are scared to invest, just watch and see once the price of bitcoin starts going up that is when you see people having interest and it is a very good advantage to the market when they are supposed to invest they did not rather when the price starts drawing attention everywhere that is when they start having interest.
Indeed, it is quite true; Bitcoin has this... intriguing effect on people. The willingness of some to dive head-first into the world of Bitcoin, only to then complain when the situation changes, its almost paradoxical. Such attitudes toward Bitcoin are frequently observed. When the price is surging, interest spikes, but when it falls, the complaints emerge.

The majority’s skepticism, seeing Bitcoin as a pozi, is misguided. Your approach to telling interested parties to do their own research, thats wise. Its an investment choice, after all. If they want to join in when the price is skyrocketing, well, thats on them. As for us, we know what Bitcoin is and what it isn't. Right?

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August 07, 2023, 12:24:22 PM
 #174

The main problem is that being your own bank is very cool but not everyone is ready for something like that, or maybe they just don't want that kind of responsibility. I love bitcoin I totally understand those people who don't fell like managing alone their money because with the banks, usually, you have some kind of insurance, with cryptos you don't.
So true. But usually those who are more comfortable with relying on the Central bank are because they do not fully understand the importance of Decentralization. And they don't even understand the centralized system used by the Bank.

So they are not ready to become a bank for themselves. And they prefer to be pampered with the system provided by the Central Bank. They are also not very interested in the impact of inflation on the money they keep in the bank. But I also understand them. Because usually most of those who don't really like Bitcoin are those who are already old and they are not too interested in learning complicated things anymore at their age.

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August 07, 2023, 01:46:03 PM
 #175

Informing everyone about Bitcoin is permissible, indeed. However, compelling everyone to utilize Bitcoin is undeniably a significant mistake. As of now, I firmly believe that there are still many individuals unaware of the underlying reasons for owning Bitcoin. Consequently, the specifications of Bitcoin are not intended for every individual inhabiting this world.

OP is absolutely correct in asserting that only those who comprehend the functionality of Bitcoin should be involved in the realm of Bitcoin. Forcing someone who lacks an understanding of Bitcoin, to whom the very name "Bitcoin" remains unfamiliar, would be an exercise in futility.
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August 07, 2023, 03:51:50 PM
 #176

I remember when I first heard of Bitcoin. I was quite sceptic about it because several get rich quick schemes had come and gone so I regarded it that way. But later on, my perception changed and I tried telling someone about it and the first question I was asked was this; "if my funds get missing, who can I report to?" I didn't have the appropriate answer to give back then because I hadn't really known much about it, just the basics. But the truth is, even if I had supplied an answer or a precaution to avoid such incident, he'd still prefer the traditional financial institutions because that way he feels secure.
 At this point, some people prefer their privacies being breached as long as their funds can be accounted for.
Unlike in my own situation I hard a divine part with Bitcoin because no one really introduce me to Bitcoin and even though someone close to me further enlightened me about Bitcoin I was first aware of it before my encounter with the ops that thought more.

So in this situation, already build my pre-motivation before the actual adoption because I start searching about Bitcoin in 2010 when I first have the idea of its extent through social media.

But in all,  we all had our obvious doubts at first but along the line we got ourselves aligned to it already.

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August 07, 2023, 04:30:41 PM
 #177

If we want to tell someone about bitcoin, we have to know the interest of the person on bitcoin so that you will know where to start from. My friend who reintroduced bitcoin to me suffered for my hands. He spoke to me about bitcoin for a very long time. And it was not only me that the guy was telling about the bitcoin stuff but we're about 3 but it was only me later had the interest to joined him. So if you want to teach someone bitcoin you have to know interest of the person first before you start you teaching if not you will just waste your time for nothing.

After when I have nothing bitcoin and joined forum to learn more on bitcoin, I also went back to those remaining two friends of our and influenced them to learn bitcoin they were not interested so I let them be. Then I was trying to reach my GF about bitcoin, she learned one day and told me that "Not Everyone like or will learn Bitcoin so I should let her be nd she want to learn Catering, Decoration and selling of Clothes and I gave her the money to do her wish.

So if anyone is not interested to learn bitcoin you don't have to force yourself on the person. And as the op make it clearly, you don't have to expect everyone to involved in bitcoin. Destinies are differs. But I still believe that when the whole world adopt bitcoin, those who are sceptical about bitcoin will use it. There is time for everything, time to use fiat and time to us bitcoin. We started from cowries to iron coins and iron coins to paper money and paper money to digital currency. So the process of adopting bitcoin is a gradual process.

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August 08, 2023, 02:28:48 AM
 #178

We understand that Bitcoin is not suitable for everyone, as most people have financial problems. We know that investing in Bitcoin requires money first and not everyone always has that money. If you go to teach an old man about Bitcoin, he will definitely not accept Bitcoin because he doesn't understand anything about Bitcoin. But if you teach the youth of today's society about Bitcoin, they will soon understand and accept this education. Because the difference between old people and young people is their mentality in the society old people never believe in this virtual currency and young people are educated and they understand about virtual only if they understand them a little. As today's people are always rushing for online income, learning about Bitcoin will make them especially interested in investing. But not all people will want to invest because not everyone has money and financial problems never interest them to invest. Although people don't like bitcoin because of financial problems but those who have spiritual knowledge always think positive side of bitcoin. So it is a fact that people who don't think Bitcoin is suitable will not accept Bitcoin even if they are taught hundreds of times, and those who are properly educated will accept Bitcoin if they are given little education about Bitcoin.

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August 08, 2023, 12:56:51 PM
 #179

That's the truth, embrace Bitcoin is not in everyone mind, because most people don't know the value of Bitcoin and that is it, take a look of things when something is active in service, you won't know the value until get out off service, accept few that can see and utilize the opportunity at the early stage, so Bitcoin has not go too far, and is good to invest and embarrassed in future.
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August 08, 2023, 01:58:29 PM
 #180

We understand that Bitcoin is not suitable for everyone, as most people have financial problems. We know that investing in Bitcoin requires money first and not everyone always has that money. If you go to teach an old man about Bitcoin, he will definitely not accept Bitcoin because he doesn't understand anything about Bitcoin. But if you teach the youth of today's society about Bitcoin, they will soon understand and accept this education. Because the difference between old people and young people is their mentality in the society old people never believe in this virtual currency and young people are educated and they understand about virtual only if they understand them a little. As today's people are always rushing for online income, learning about Bitcoin will make them especially interested in investing. But not all people will want to invest because not everyone has money and financial problems never interest them to invest. Although people don't like bitcoin because of financial problems but those who have spiritual knowledge always think positive side of bitcoin. So it is a fact that people who don't think Bitcoin is suitable will not accept Bitcoin even if they are taught hundreds of times, and those who are properly educated will accept Bitcoin if they are given little education about Bitcoin.

It's honestly simple. You cannot expect everyone to accept Bitcoin and be openminded about it. We are after all talking about money here which is a sensitive thing for many. Hence, what should be keep in mind is that there is a target population for Bitcoin and there are those who would rather not know about it despite knowing it exist. It is not our responsibility to showcase what Bitcoin is and how it works.

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