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Author Topic: If one like decentralization they will surely want Bitcoin?  (Read 426 times)
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August 06, 2023, 03:06:52 AM
 #41

Worry less and don't bother about those people knowing about decentralization because they wouldn't listen to you since you are not showing them how to make money from their own understanding. It isn't compulsory for you to tell everyone around you how you make money because you might be exposing yourself to danger. Allow bitcoin to speak for itself and you will see that sooner or later,when they the zeal of learning about bitcoin,they will come to you. And you should also know that bitcoin is not a get rich quick project and those person that you are talking to might be eager to get money immediately.

R


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August 06, 2023, 03:18:15 AM
 #42

I have tried talking to people about Bitcoin but a higher number of them don't show any interest, they have idea what Bitcoin is but they don't see any reason to join the train so I am thinking, to cut short my time and energy, do you think it's better to talk about decentralization first?

Is it right to say that if anyone doesn't like decentralization they can never like Bitcoin?

Probably. Bitcoin is decentralization. If one doesn't like decentralization, then it's safe to conclude that he/she doesn't also like Bitcoin. However, taking into consideration what you further mentioned below, it is very possible that people don't like decentralization but they like money more. Whether they dislike decentralization or not is not the most important concern. If they're going to make money out of something decentralized, then it's possible they're willing to get into it. Never mind if it's decentralized or not.

I know of a number of individuals who don't like shitcoins but they have them just the same because they could multiply several times more quickly.

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I am not trying to force anyone into Bitcoin but people never stop asking me how I am making money for myself and most of my income comes from Bitcoin trading, as you can see, I have no choice but to teach about Bitcoin if I feel like helping someone out.

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August 06, 2023, 04:14:44 AM
 #43

I have tried talking to people about Bitcoin but a higher number of them don't show any interest, they have idea what Bitcoin is but they don't see any reason to join the train so I am thinking, to cut short my time and energy, do you think it's better to talk about decentralization first?

Is it right to say that if anyone doesn't like decentralization they can never like Bitcoin?

Probably. Bitcoin is decentralization. If one doesn't like decentralization, then it's safe to conclude that he/she doesn't also like Bitcoin. However, taking into consideration what you further mentioned below, it is very possible that people don't like decentralization but they like money more. Whether they dislike decentralization or not is not the most important concern. If they're going to make money out of something decentralized, then it's possible they're willing to get into it. Never mind if it's decentralized or not.

I know of a number of individuals who don't like shitcoins but they have them just the same because they could multiply several times more quickly.


Most crypto industry participants prioritize profits over privacy and decentralization.  that's also why we see many people using centralized exchanges and they don't care even if they need KYC to use it.  profit and convenience are still the choice of the majority, not decentralization.


Shitcoins are really too risky and they are too centralized, not decentralized like bitcoin. but undeniably, they are giving much better returns than bitcoin and that's why many people don't invest in bitcoin but prefer shitcoin. Again, profit is their primary concern.

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August 06, 2023, 05:03:09 AM
 #44

No one is showing anyone anything, I've never done that, but people will someday notice, especially if you grow up in such area where they know that you are struggling and later your body changed, you look better and you have a ride, which you never had before, of cos people will notice, this ain't even the case for me, they came asking what they can do to make a change, I told them about Bitcoin investment, and Bitcoin mining, but along the line they can't cope with it, because it's not free, you need money to invest, and it's same with mining too.
I'm not really sure the condition in your area where you live and your neighbor, but I'm the one who's not show anything and it seems everyone including my friend, my neighbor, my family etc don't know what I doing and what I have.

I can afford to buy expensive thing, but I choose to not buy it and invest in Bitcoin, where no one will know about my wealth.

In my area, owning a motorcycle is normal. Right now I only have an old motorcycle, while my neighbor have 2 sporty motorcycles, a car, a business, etc where it make me look become the poorest among them.

R


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August 06, 2023, 05:04:06 AM
 #45

Bitcoin's decentralization value proposition is not interesting or essential enough for many people. The "limited" functionalities make other cryptocurrencies project lucrative, the one which offers smart contract is more diverse and filled with many things such as defi, NFT, and P2E.

Also the context and the motive of the other person are truly substantial. There is no point talking about decentralization, where the other is not necessarily require them or making it a priority. So instead of shifting the introduction from bitcoin to decentralization, you should adjust to actual use cases and seek the motive that the other person trying to achieve or find.
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August 06, 2023, 08:04:11 AM
 #46

Why do you need to focus on the question of how you make money on the Internet? Especially to talk about Bitcoin to those who have heard about it only from the standpoint of the media? From experience, I can say that this is a simple waste of both time and energy. If people initially have a wall to accept and correctly understand whatever you say, skepticism will prevail.
Posts like this appear very often on the forum. I respect people for their desire to help people, but there is a rule: do not "cause good" where you are not asked.
If people go forward, help them and give them a fishing rod.

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August 06, 2023, 08:38:36 AM
 #47

I have tried talking to people about Bitcoin but a higher number of them don't show any interest, they have idea what Bitcoin is but they don't see any reason to join the train so I am thinking, to cut short my time and energy, do you think it's better to talk about decentralization first?

A good market or product sells itself, Bitcoin has graduated from the stage in which you tell people it is a must-have because of its decentralization nature. There is something we have to understand,  Bitcoin is for everybody and not for everyone, meaning it is made available for anyone who wants to embrace it, and on the other hand, not everyone that heard of Bitcoin will like or adopt and use Bitcoin, no matter what good they know of Bitcoin.

R


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August 06, 2023, 08:48:48 AM
 #48

Bitcoin's decentralization value proposition is not interesting or essential enough for many people. The "limited" functionalities make other cryptocurrencies project lucrative, the one which offers smart contract is more diverse and filled with many things such as defi, NFT, and P2E.

Also the context and the motive of the other person are truly substantial. There is no point talking about decentralization, where the other is not necessarily require them or making it a priority. So instead of shifting the introduction from bitcoin to decentralization, you should adjust to actual use cases and seek the motive that the other person trying to achieve or find.


Although decentralization is the most prominent feature of bitcoin and makes its name. But when it comes to bitcoin, it is not only a decentralized asset but can also be used as a currency, a payment method with low and fast transaction fees, or a profitable investment...So let's assess each person's needs so we can recommend bitcoin in a way customized to their preferences. If I'm looking for a store of value to keep my assets safe, but your focus is on introducing the profit or convenience of using bitcoin as currency, I definitely wouldn't care what you are saying.



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August 06, 2023, 01:15:43 PM
 #49

I have seen some people who are in my area interested in investing if I give them some knowledge about Bitcoin, but they hold back because they don't have enough money. Teaching them something specific about Bitcoin will surely make them believe in Bitcoin and rush to invest in Bitcoin. Since there are people who don't like decentralization and they don't like Bitcoin, I think if those people are well educated about Bitcoin, they will like Bitcoin. It is true that one should never force someone to learn about Bitcoin but rather support a person if he is interested in investing in Bitcoin. But people who are well educated about Bitcoin can never be forced to go the opposite direction and not believe in Bitcoin. But we are able to make enough money from Bitcoin that any knowledgeable person who wants to know about Bitcoin on their own should be informed.

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Antonas1
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August 06, 2023, 01:19:41 PM
 #50

I have tried talking to people about Bitcoin but a higher number of them don't show any interest, they have idea what Bitcoin is but they don't see any reason to join the train so I am thinking, to cut short my time and energy, do you think it's better to talk about decentralization first?

Is it right to say that if anyone doesn't like decentralization they can never like Bitcoin?
Not really; they could love Bitcoin because it allows them to make money trading or mining, because most people always desire to make a lot of money quickly.
If you insist on teaching them, there is no need to explain what decentralization is; simply explain how to mine Bitcoins and get money, and they will be interested. Once they're up and running, you'll see whether they're interested in learning more about Bitcoin or not.
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August 06, 2023, 01:35:07 PM
 #51

~
Also the context and the motive of the other person are truly substantial. There is no point talking about decentralization, where the other is not necessarily require them or making it a priority. So instead of shifting the introduction from bitcoin to decentralization, you should adjust to actual use cases and seek the motive that the other person trying to achieve or find.
~So let's assess each person's needs so we can recommend bitcoin in a way customized to their preferences. If I'm looking for a store of value to keep my assets safe, but your focus is on introducing the profit or convenience of using bitcoin as currency, I definitely wouldn't care what you are saying.

That sum up what is important. The context. OP suggests that money is involved since that is what people mainly ask about. I believe shifting the topic specifically to decentralization would rather make it uninteresting if the goal was to spread Bitcoin adoption. Actually motive of getting money is normal, many people seek that, given that, if we tell about the nitty-gritty of the technical stuff people would lose interest.

So OP should rather customize the topic and shift the context to stuff like what makes Bitcoin valuable, and scarce, the aspect of game theory and other things that relates to how Bitcoin gains its value.
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August 06, 2023, 01:51:33 PM
 #52

I have tried talking to people about Bitcoin but a higher number of them don't show any interest, they have idea what Bitcoin is but they don't see any reason to join the train so I am thinking, to cut short my time and energy, do you think it's better to talk about decentralization first?

Is it right to say that if anyone doesn't like decentralization they can never like Bitcoin?
Not really; they could love Bitcoin because it allows them to make money trading or mining, because most people always desire to make a lot of money quickly.
If you insist on teaching them, there is no need to explain what decentralization is; simply explain how to mine Bitcoins and get money, and they will be interested. Once they're up and running, you'll see whether they're interested in learning more about Bitcoin or not.

Agreed, I don't think decentralization will interest many people, but when it comes to money, the profit is that no one will refuse it. Honestly, if I were to recommend bitcoin to someone, I would also emphasize profit and then risk, because in investing, those are the two top concerns of anyone. I think of other features like decentralization, peer-to-peer or use as currency, store of value... things they can learn on their own after investing in bitcoin. Sometimes let them discover for themselves, and they will understand and love bitcoin more than we just show them everything.

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August 06, 2023, 04:54:18 PM
 #53

People will not listen to your words but they always be impressed with the money you earn so try to convince others with the help of you actions rather than your words. Bitcoin is one of the most admirable currency due to its success and decentralized nature.

Bitcoin is decentralized currency therefore it is possible to keep your bitcoin in your control as bitcoin can give you much more benefits if you manage all the things via using your knowledge and experience.

People are in fear regarding bitcoin when the realize that it has also some risks and if risk was not there then everyone will be there for investment but they don't know the reality that accepting risk will make you rich.









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August 06, 2023, 07:29:44 PM
 #54

I have tried talking to people about Bitcoin but a higher number of them don't show any interest, they have idea what Bitcoin is but they don't see any reason to join the train so I am thinking, to cut short my time and energy, do you think it's better to talk about decentralization first?

Is it right to say that if anyone doesn't like decentralization they can never like Bitcoin?

I am not trying to force anyone into Bitcoin but people never stop asking me how I am making money for myself and most of my income comes from Bitcoin trading, as you can see, I have no choice but to teach about Bitcoin if I feel like helping someone out.
Why force people to talk about what they are not interested in? You have nothing to do? Save your time and energy.

Decentralization is more likely to be misunderstood than people don't like it. The time will come and people will like bitcoin. I'm not sure that everyone, but it is possible that many. They will become interested and then you can start talking about it with them.

The mistake is that people want to learn how to make money, and not learn about bitcoin. There is a choice: let people learn information about btc themselves. There is a lot of information in the public domain. You only slightly direct them in the right direction and let them do the rest. This way you save your time and energy.

I would have to disagree with you. The way it works is that most people are not interested in something that you are interested in, but after hearing about it more, even if they do not want to, they will eventually become interested in Bitcoin. So what m2017 is doing is the right thing. Keep sowing the seeds of Bitcoin in people's minds! Thats what will drive worldwide adoption of Bitcoin as the global money. The more people hear about Bitcoin, the more they become interested.

Most people are too rigid when it comes to new things. They would prefer to keep their old ways. In-Your-Face marketing is the only option.

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August 06, 2023, 08:54:09 PM
 #55

Not everyone chooses bitcoin because of decentralization, nor does everyone choose bitcoin because of money, and most of them have various reasons why they choose bitcoin.

The concept of decentralization is great and of course it has helped a lot of people get out of the concept of centralized finance. Some people don't mind the concept as long as they make a profit, but the idea of ​​decentralization is really good amid the collapse of many people's faith in a centralized financial system. I personally chose bitcoin because of the potential price that can give me returns (trading and investing), but not completely making me ignore some of the other innovations from Satoshi Nakamoto's findings.

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August 06, 2023, 10:39:51 PM
 #56

I have tried talking to people about Bitcoin but a higher number of them don't show any interest, they have idea what Bitcoin is but they don't see any reason to join the train so I am thinking, to cut short my time and energy, do you think it's better to talk about decentralization first?

Is it right to say that if anyone doesn't like decentralization they can never like Bitcoin?

I am not trying to force anyone into Bitcoin but people never stop asking me how I am making money for myself and most of my income comes from Bitcoin trading, as you can see, I have no choice but to teach about Bitcoin if I feel like helping someone out.

If we discuss decentralization then we might end up refuting the government system itself and that is somehow being rebellious and might not bode well.  I would just stay in the context of Bitcoin having the freedom of transactions.  Bitcoin is a cryptocurrency that can be sent regardless of the location of the sender and receiver.  That it does not need any permission from a third-party financial institution and Bitcoin is already acknowledged by many governments in terms of being a commodity and mode of payment.  It is better to explain things in a simpler manner than diving into the more complex stuff that may make our listener to be confused.

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August 06, 2023, 10:52:18 PM
 #57

Average Joe don't care about decentralization or flaws of traditional banking system. They don't care until that time comes where they can't withdraw their own money or a big economic crisis happens. Look what happened in Lebanon. Look back at history and see what happened in Greece a couple of years before or Türkiye in the 90's. Try to cash out 5 digits in your bank and see what happens. There are many reasons for people to want Bitcoin and decentralization but many don't realise that yet.

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August 06, 2023, 10:59:40 PM
 #58

Not everyone chooses bitcoin because of decentralization, nor does everyone choose bitcoin because of money, and most of them have various reasons why they choose bitcoin.

The concept of decentralization is great and of course it has helped a lot of people get out of the concept of centralized finance. Some people don't mind the concept as long as they make a profit, but the idea of ​​decentralization is really good amid the collapse of many people's faith in a centralized financial system. I personally chose bitcoin because of the potential price that can give me returns (trading and investing), but not completely making me ignore some of the other innovations from Satoshi Nakamoto's findings.

That's a good stance and I respect your opinion. It's true that not everyone would appreciate some of the benefits that come with bitcoin such as decentralization and full control of financial assets. I feel it is only people that have had ill or bad experiences with centralized financial services that would relate to the bitcoin movement and possibly become a part of it. As someone that have had their asset frozen at one point in time makes me appreciate what bitcoin does and represent. Getting full control of assets is a concept still new to many but truly fascinating. Bitcoin also has opportunities that are normally not available in the traditional finance world. Here, anyone can become easily become part pf a community and benefitting from it without actually giving away their personal details to pass KYC exercise. Other stuffs (increase in price, opportunities, etc are added perks). Bitcoin is what the traditional financial industry strives to be but failed.

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panganib999
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August 06, 2023, 11:05:35 PM
 #59

You have to realize that before they like decentralization and bitcoin, they must first experience how beneficial it is to their lives. People are egotistic at the core and they wouldn't care about even the most important shit out there if it doesn't affect them in the most direct of ways. With that being said you must first drive the benefit of decentralization or bitcoin to them. Lend them some and show them how much it grows in value over time, start campaigns and seminars with trinkets and benefits that they can avail for attending and listening, which will be gauged by giving them an exam later on. Allow them to learn about it and be interested before you blabber about getting people interested on bitcoin through decentralization. It's easy to say that people will like it but if they can't experience the effects outright they wouldn't give a rat's ass.
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August 06, 2023, 11:46:29 PM
 #60

It is not about the decentralisation, it is all about the physical presence. During the early days I've suffered to brief it to people as they never understand the term virtual money. How does it hold value and there is no paper money, because for years and years this how people have used to it. Only through experience people were able to understand better and in such stance I've made few people under well about it. During those the word bitcoin itself rare and now things have changed alot. Goodness of decentralised function and all will be learnt in the later part, initially they need to believe which itself a big task.

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