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Author Topic: I think we need to start asking people if......  (Read 700 times)
Wimex
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August 26, 2023, 07:46:06 PM
 #81

It seems that the plumber had a pretty solid knowledge of Bitcoin and its advantages hahahaha. Which may indicate that you are more aware of current financial and technological trends. There are times when the person we least believe has great knowledge, the adoption of Bitcoin as a form of payment is not yet wide compared to traditional currencies... The volatility of the value of Bitcoin and the lack of regulation in some places can influence. . the willingness of people to accept it as payment... But I would say that the lack of knowledge is even greater, because most of the people I have asked about Bitcoin, none of them know what it is, the only thing is that young  observed that they tend to know more about what Bitcoin is and what it is for... It is fascinating how technology is influencing various industries and our daily financial interactions, I just hope more is known in my country.
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August 26, 2023, 10:58:30 PM
 #82

I'm sorry i am not going to ask a 'plumber' if they accept BTC, if they accept BTC as one of their payment methods they have to let their customers know, and even if i hire a domestic worker to come work for me in my home and they accept BTC, i am going to pay in fiat and pretend like i don't use BTC. You don't know who this person could be, they might return later at night, but this time with a $5 wrench in hand.

I prefer to spend my BTC in a store or in any area where my trading partner doesn't know my house, we might change the stereotype in the future, but for now once people see that you use BTC, they'll think you are rich and might plan an attack on you, i am not ready to take that risk.
I agree with the opinion that you convey, in my opinion it is something that is lacking or maybe not wise if we expose too much what we have in this case our Bitcoin, to someone or several people who we don't know very well because it could threaten our safety.
Because I don't think that we are anti-social, don't trust everyone and have prejudice against everyone we don't know well, but in my opinion this is an effort that I will make to be more careful or anticipate the security and safety of ourselves and our Bitcoin assets we have.
Yes it's better to spend my Bitcoin with those who definitely accept a clear Bitcoin payment method and we already know.

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August 27, 2023, 12:34:48 AM
 #83

In the beginning, when I first discovered Bitcoin, I attempted to explain its concept to my friends. Unfortunately, back then, none of them showed any interest. However, just 3 days ago, when we gathered again, they noticed the progress I've made. They are now aware of my continued involvement with Bitcoin and regret not paying attention earlier. They express a desire to get involved, but the high volatility of the market makes them hesitant to take the plunge. However, I haven't extended any offers to involve them in my workers.

I also have a few friends like that, and I think you and I are not alone in this situation. Many people missed out, and now they want to start getting involved with bitcoin. But honestly, I don't want to give advice to anyone, especially friends because I don't want our friendship to involve money. If I give advice and their investment succeeds nothing will happen, but if their investment fails they will blame and my friendship will be broken. Moreover, knowledge about bitcoin is not too difficult to find, if really want they can find it easily on the internet, I just provide more knowledge, I will never give any advice related to investment.

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August 27, 2023, 03:20:01 AM
 #84

The water system in my house got some blocking issues and I needed to call a plumber, the plumber guy I was used to was not available, I called and he said he is far away, so I looked for someone else.

After he went through the problem and fixed the pipes for me, out of joke I gave him payment options that are available, if he will like any.

I asked him if he will want cash, bank transfer or Bitcoin, to my surprise he answered Bitcoin, I don't take this very seriously because, you know, most people don't care about Bitcoin here, but he brought out his smartphone and told me to scan the QR CODE.

I asked if he really his serious and he said yes, I had to pay him in Bitcoin and he said something that caught my attention.

He said people don't ask that's why he believed no one is using Bitcoin as payment.

He also said collecting cash will make him spend the money faster but he chose Bitcoin because he planned to start buying the following week.

While I was trying to question him about how he know about Bitcoin he revealed that he is a student, and that being a plumber is his side hustle, this answered my curiosity about how he knew about Bitcoin.

Have you guys been promoting Bitcoin by asking workers if they will receive Bitcoin as payment? How was it? This is actually the first time I will do such, all my mind was focused on, if I didn't see Bitcoin Payment Receive here I wouldn't bother.

Well the only practical reasons why people feel bitcoin payment is limited to a particular group is because bitcoin adoption is still very far behind but as the day comes and closes we always get nearer to a new phase of full adoption and upon reaching that time it won't be something if suprise again when it comes to folks accepting bitcoin and moreover bitcoin is still highly restricted in some area which makes people curious on who and who is actually exposed to bitcoin.

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August 27, 2023, 04:24:39 AM
 #85

Bitcoin have widely spread to level that everyone is interested in bitcoin and when you listen to news and television broadcasters you see that they help to market bitcoin because of forex trading and buying and selling of bitcoin,  if you establish a business now and your requirements of payment is with bitcoin, you see that most of people will like to make payment with bitcoin and when you pay them with bitcoin it's for their saves and same time for investment, but when you make payments with fiat currency it will be easily for them to spend it, so such is life.


Bitcoin has spread and most people know about bitcoin, but what they care about is bitcoin profit, or they use it for the purpose of protecting assets from government tracking.  very few people consider it as a means of payment.  let's take you as an example, are you using bitcoin for your daily bills, or are you also accumulating it and using it to hide your wealth?  I mean, I don't think people will use it very often as a means of payment even if you live in a country where bitcoin is legal.
Those people who does not consider bitcoin as payment option have their reasons why they don't consider bitcoin as such, what I know concerning bitcoin right now is that Bitcoin  as a payment is few people who values bitcoin will do that, people are be scared of bitcoin not using it as a payment option because it's not legalized, if bitcoin is properly being legalized you will see that all business will use Bitcoin as a payment option, they are just being afraid of bitcoin that is why you can't see  not business men and business women using bitcoin as a payment option.

It has not been legalized as a means of payment which could be one of many reasons.  but you can't deny that people are seeing it as an investment rather than a currency, as I said, neither you nor I want to use bitcoin for day-to-day payments.  since we know its future value, no one wants to waste it. Besides volatility which is also a big hurdle, I bet you wouldn't dare buy bitcoin for $60k and would spend it when it's at $30k.  there are many barriers that prevent people from using bitcoin as a means of payment.

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August 27, 2023, 06:59:19 AM
 #86

In the beginning, when I first discovered Bitcoin, I attempted to explain its concept to my friends. Unfortunately, back then, none of them showed any interest. However, just 3 days ago, when we gathered again, they noticed the progress I've made. They are now aware of my continued involvement with Bitcoin and regret not paying attention earlier. They express a desire to get involved, but the high volatility of the market makes them hesitant to take the plunge. However, I haven't extended any offers to involve them in my workers.

I also have a few friends like that, and I think you and I are not alone in this situation. Many people missed out, and now they want to start getting involved with bitcoin. But honestly, I don't want to give advice to anyone, especially friends because I don't want our friendship to involve money. If I give advice and their investment succeeds nothing will happen, but if their investment fails they will blame and my friendship will be broken. Moreover, knowledge about bitcoin is not too difficult to find, if really want they can find it easily on the internet, I just provide more knowledge, I will never give any advice related to investment.
You're right because if you force a friend to learn about Bitcoin, he'll blame you later if he loses. Moreover, if you don't tell them about Bitcoin again, they will be most interested in learning about it. I saw a neighbor of mine told him about Bitcoin long ago but he didn't accept it but rather spoke negatively about it. But when I earned a good amount from Bitcoin he showed some attitude towards Bitcoin and he said how it is possible. Later I explained him well and told him about market volatility then he told me if he is willing to invest in Bitcoin I gave him some idea. Because of which he is now most interested in investing and some amount of money he made in a day and he came to me to take advice better but I ask him to follow different social media. But if you explain your friends well then surely they will gain knowledge about Bitcoin and will not lose money for investment but gain. Because if someone loses money on your advice online, you will have to blame yourself, but if you tell your friends about the weapon and later on they face bitcoin investment, you can't blame them, rather you give them good advice.

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August 27, 2023, 07:57:35 AM
 #87

This can only possible in countries where Bitcoins are legal. Else if you ask for giving in Bitcoins in countries where Bitcoins are not legalised, then most of the time people won’t be aware of what Bitcoins are.

There is no correlation between the legalization of Bitcoin and people's knowledge of it. Bitcoin, on the contrary, is much more widespread in countries where it is not legalized, or partially legalized, as people perceive it as an alternative financial instrument capable of solving issues that national currencies cannot cope with. And in general, there are not many people left who are not at all aware of what Bitcoin is. Another thing is that not everyone knows how to use it. But this also depends more on the desire than on the conditions in which bitcoin is legalized.
Bitcoin is a type of decentralized currency whose buying and selling is possible on the internet so if you want you can own a bitcoin but it is correct that it depends on the individual's own will in using bitcoin. Bitcoin is still not legalized in many countries but many people know and are aware of it because of its use through the internet. Even if it is not legalized, it will continue to be used and become a more popular currency. From a financial perspective bitcoin is able to deal with financial problems.
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August 27, 2023, 09:52:31 AM
 #88

This can only possible in countries where Bitcoins are legal. Else if you ask for giving in Bitcoins in countries where Bitcoins are not legalised, then most of the time people won’t be aware of what Bitcoins are.

There is no correlation between the legalization of Bitcoin and people's knowledge of it. Bitcoin, on the contrary, is much more widespread in countries where it is not legalized, or partially legalized, as people perceive it as an alternative financial instrument capable of solving issues that national currencies cannot cope with. And in general, there are not many people left who are not at all aware of what Bitcoin is. Another thing is that not everyone knows how to use it. But this also depends more on the desire than on the conditions in which bitcoin is legalized.
Bitcoin is a type of decentralized currency whose buying and selling is possible on the internet so if you want you can own a bitcoin but it is correct that it depends on the individual's own will in using bitcoin. Bitcoin is still not legalized in many countries but many people know and are aware of it because of its use through the internet. Even if it is not legalized, it will continue to be used and become a more popular currency. From a financial perspective bitcoin is able to deal with financial problems.

I will probably disagree with your statement. We can own and invest in bitcoin even if we live in a country where bitcoin is banned. But for it to become a popular currency without government approval is impossible. One of the many reasons why bitcoin is still unpopular and many people dare not use it is because they fear a government ban. And how do businesses and shops accept it as currency if the government refuses? Individuals can use bitcoin quietly and stealthily from the government, but for businesses and institutions that is not possible.

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August 27, 2023, 10:07:26 AM
 #89

I will probably disagree with your statement. We can own and invest in bitcoin even if we live in a country where bitcoin is banned. But for it to become a popular currency without government approval is impossible. One of the many reasons why bitcoin is still unpopular and many people dare not use it is because they fear a government ban. And how do businesses and shops accept it as currency if the government refuses? Individuals can use bitcoin quietly and stealthily from the government, but for businesses and institutions that is not possible.

Actually, it can be popular precisely because of the reason of disapproval by the governments. People often look for alternatives if the state forbids them to work white and openly in some field. The legal ways to transfer funds offered by most states cannot compare to cryptocurrencies. Generally, cryptocurrencies were invented as an alternative to traditional financial instruments offered by the state. And the more the state restricts the population in these matters, the more popular cryptocurrencies will become.

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August 27, 2023, 10:53:15 AM
 #90

With these times people now are aware with the use of bitcoin seems like that person knows the bitcoin already use of it so he accepts to offer this kind of mode of payment, for sure not literate people will disagree with bitcoin because they don't know what it is so why they will accept this instead the cash, that's all mean that the bitcoin now are continuously knowing and growing by the people. AFAIK there's a thread created about using bitcoin with the salary, some of them agreed but some of them doesn't want because of the possible loss due to market volatility.

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August 27, 2023, 11:39:27 AM
 #91

AFAIK there's a thread created about using bitcoin with the salary, some of them agreed but some of them doesn't want because of the possible loss due to market volatility.

If it were you, would you accept to pay your salary in bitcoin or still fiat? One more thing, it makes no sense for us to accept salaries or payments in bitcoin but then immediately convert them into fiat. I still find it more convenient to use fiat in both of these cases than bitcoin. Furthermore, I won't do the same thing as the OP, I don't want others to know I'm a bitcoin investor nor tell them where I am. Too much risk because we don't know who they are and what they will do to us.

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August 27, 2023, 11:45:09 AM
 #92

`
You're right because if you force a friend to learn about Bitcoin, he'll blame you later if he loses. Moreover, if you don't tell them about Bitcoin again, they will be most interested in learning about it. I saw a neighbor of mine told him about Bitcoin long ago but he didn't accept it but rather spoke negatively about it. But when I earned a good amount from Bitcoin he showed some attitude towards Bitcoin and he said how it is possible. Later I explained him well and told him about market volatility then he told me if he is willing to invest in Bitcoin I gave him some idea. Because of which he is now most interested in investing and some amount of money he made in a day and he came to me to take advice better but I ask him to follow different social media. But if you explain your friends well then surely they will gain knowledge about Bitcoin and will not lose money for investment but gain. Because if someone loses money on your advice online, you will have to blame yourself, but if you tell your friends about the weapon and later on they face bitcoin investment, you can't blame them, rather you give them good advice.
First, they're all "Nah, I don't want none of that Bitcoin business," then they see a bit of success, and suddenly they're sliding into your DMs asking for some of that crypto advice. Classic. Come on, I mean, It's similar to how Joe wont put his phone down since I insisted he use Twitter.

People must, nevertheless, make their own decisions in complete seriousness. A horse can be made to drink from a bucket, but you cant make it HODL, am I right? LOL. They dont want to miss the Bitcoin train, so sometimes its all about FOMO. Hey, if they make a mistake, its not your fault. Just watch out that you're not trying to dictate foreign policy while giving financial advice, you know what I mean? And occasionally... just let the nonsense flow

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August 28, 2023, 09:17:29 AM
 #93

I will probably disagree with your statement. We can own and invest in bitcoin even if we live in a country where bitcoin is banned. But for it to become a popular currency without government approval is impossible. One of the many reasons why bitcoin is still unpopular and many people dare not use it is because they fear a government ban. And how do businesses and shops accept it as currency if the government refuses? Individuals can use bitcoin quietly and stealthily from the government, but for businesses and institutions that is not possible.

Actually, it can be popular precisely because of the reason of disapproval by the governments. People often look for alternatives if the state forbids them to work white and openly in some field. The legal ways to transfer funds offered by most states cannot compare to cryptocurrencies. Generally, cryptocurrencies were invented as an alternative to traditional financial instruments offered by the state. And the more the state restricts the population in these matters, the more popular cryptocurrencies will become.

Bitcoin is really good so even if the government issues a ban, many people will still escape the ban to use bitcoin, but it cannot be said that bans will make bitcoin more popular. By far, the government is one of the biggest barriers for bitcoin to become more popular. People are always dissatisfied with what the government does, always go online to slander the government…but no one can agree or stand up against the government. Because they all know that against them there will be no good results. That's why if you live in a country that bans bitcoin and they know you use bitcoin, you will be punished by law and you can't do anything else. We shouldn't deny that the government's bitcoin ban is a huge disadvantage to it.

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August 28, 2023, 09:30:08 AM
 #94

This is an eye opener to everyone that not all people badly needed cash, as some are still eager to accept bitcoin or any crypto payment more than cash or fiat. That’s how technology has affected them, and yet we still limit our minds into fiat thinking that it’s the only answer to solve poverty and unemployment. Now, hopefully whenever we ask some people to do some home services, at least we should learn to ask first what type of payment they wish to receive. Or better yet, suggest bitcoin because it’s one way of promoting bitcoin especially to those who fail to recognize it or think that it has still no value up to these days.

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August 28, 2023, 11:20:41 AM
 #95

This is an eye opener to everyone that not all people badly needed cash, as some are still eager to accept bitcoin or any crypto payment more than cash or fiat. That’s how technology has affected them, and yet we still limit our minds into fiat thinking that it’s the only answer to solve poverty and unemployment. Now, hopefully whenever we ask some people to do some home services, at least we should learn to ask first what type of payment they wish to receive. Or better yet, suggest bitcoin because it’s one way of promoting bitcoin especially to those who fail to recognize it or think that it has still no value up to these days.
and this shows that people are truly moving now , making use of technology more than physical money.
not letting government taking over of their funds, and not letting banks scamming them by all means.
also we are not here to support anything but bitcoin and of course some altcoins that has uses.

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August 28, 2023, 11:35:06 AM
 #96

This is another good way to try to find out from people what their thought about Bitcoin is, really a great idea shared by the op , I honestly have never thought of ever jokingly asking anyone who did any kind of work for me, if they would like their payment in Bitcoin or bank transfer or cash, whatever means available, the only time I offered to pay for something in Bitcoin was when I tried bank transfer but was unable to complete the transaction due to network failure, and due to how urgent I needed to make that payment, I ask the seller if he would take Bitcoin as payment since bank transfer isn't working, luckily, he agreed even though according to him, he is yet to learn what and how Bitcoin really functions or operates ..


Thank you op, it's a good idea you have shared, from now on, I sure would have this joke in mouth always when ever any body or group of people does any work for me, or I go out there to purchase anything, I would always ask if paying Bitcoin is an option, this is only when I am willing to make Bitcoin payments though ,😁

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August 28, 2023, 12:00:53 PM
 #97

I live in a small provincial town with a population of just over 150,000 people. Quite normal living conditions, but cryptocurrency payments are banned. Once, in a small shop, I was buying beer and was unexpectedly surprised that the seller offered me a choice of several popular crypto projects for payment. To be honest, I did not believe my ears and asked him again. The answer was positive. Unfortunately, at that time I did not even have a Bitcoin wallet. I had to pay by default. This is how entrepreneurs risk in order to somehow support their business in the difficult conditions of reality. They take such steps against the law.

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August 28, 2023, 02:15:30 PM
 #98

Very few have the positive mind whereas the majority doesn't have any positive thoughts and they simply term bitcoin as scam and a manipulated one. They never understand better about bitcoin, it takes lots and lots of time. Just on requesting the people nothing gonna change. OP should continue to ask the same question with different people on various professions and if we see more than 30% ready to accept bitcoin payments then we're good with the spread on bitcoin.
It is not only seeing bitcoin as a scam or a manipulated coin, there is another side of the story. Immediately people understand that you are into bitcoin, they will see you as one of the below;
  • A fraudster
  • A wealthy person
  • An enlightened person
It is only a few number of the society that will see you as an enlightened person. The majority will either see you as a scammer or someone who is extremely rich and they will look for a way to harm or steal from you. This is why many people prefer to remain private with their bitcoin.
This is a mistake that a lot of people make when they are discussing Bitcoin or cryptocurrencies with others. They are not supposed to mention that they actually own or hold any Bitcoin or cryptocurrencies because that will obviously make the other person feel like they have a lot of wealth hidden in cryptocurrencies, but one should generally discuss the technology and its pros and cons and the matter or risks and gains only to make the other person understand.

People that don't know much about the technology might not take this negatively but those who know Bitcoin has a high value and if they come to know that you have Bitcoins, whether it's 0.01 BTC, the person will think that you might have a few since you know this much about it.
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August 28, 2023, 04:41:19 PM
 #99

Sure, it's not a bad idea to go around asking people if they want to accept bitcoin when paying for things. Who knows, they might be interested and out of curiosity, they might even accept it. But, this is only going to happen if the amount isn't too big. Maybe for $10 or $20. I doubt someone who doesn't know much about bitcoin would be willing to accept $100 in bitcoin and take the risk of losing profit. And you might want to be cautious. Don't go around screaming you have bitcoin. Some might think you are rich and the next thing you will see when you wake up is that you are tied under a basement.
By the way, what made you think that a plumber wouldn't know what bitcoin is?
This is a wrong judgment about my original post, I never said I go around asking people if they will accept Bitcoin, that's madness.

I said it's a good idea if someone works for you or under you and it's time for you to pay up and you add Bitcoin as part of payment option available. 

Like, will you take cash or transfer or Bitcoin? I did that unwillingly, because it's scarce to see people accepting Bitcoin as payment here.

Saying that, don't go around screaming you have Bitcoin is just stupid, there is nothing in my OP that backed this claim of yours up because I never said such.

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August 28, 2023, 04:52:27 PM
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I asked him if he will want cash, bank transfer or Bitcoin, to my surprise he answered Bitcoin, I don't take this very seriously because, you know, most people don't care about Bitcoin here, but he brought out his smartphone and told me to scan the QR CODE.

I asked if he really his serious and he said yes, I had to pay him in Bitcoin and he said something that caught my attention.

He said people don't ask that's why he believed no one is using Bitcoin as payment.

The plumbers sense of judgment is really nice. This is actually coming from the practical example that means he must have had experiences with other customers too. Who knows he might also have asked himself to other customers that whether they are willing to pay him in the form of Bitcoin or not? It could have been possible that only 1 out of 10 said yes to him because that is what the current population knows about Bitcoin. Surprisingly he mate you and you came to know the grim reality of using bitcoin as real world application.

It is nothing new in many developed countries that new generations are already playing with bitcoin. There are even many stores who has the sticker for Bitcoin Accepted Here. It is not the merchant, or handful people but it is the major walking crowd that is not interested in paying with bitcoin. It will only change eventually but there is certainty for the same.

You had good experience by the way. I might try this as well just to check how it goes here. Smiley
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