Btc and people knowledge

[Parklane777]

People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

[Lanatsa]

People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

Human beings are not all knowing, it is really just that natural that they would really be going into those things on what the majority is heading and we do know that Money/Fiat had become the
main standard that we've been dealing with ages then trust and confidence would be there. If you do tend to tell them about Bitcoin or with crypto then to those who havent heard it yet
would really be refusing on making use or dealing with it due to lack of trust or not being that recommended by the government or something that not regulated but we do know that not
all people would really be that something stupid on which there are ones who would really be trying out to make some research on what it is. There are people who do welcome up some change
and welcome innovation and to those who had engaged and decided to deal with it will always be having that advantage compared to those who have none.

[Asuspawer09]

People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

It's really normal for some people who dont know about Bitcoin to say a lot of things that are not true because they just trust Bitcoin and do not know anything about it, they just do not have enough knowledge yet to understand how Bitcoin technology operates, but at the same, it's not really their fault because there are already a lot of rumor in the internet about Bitcoin, and if they are going to rely on the news Bitcoin and cryptocurrency really have a bad image overall because it is already involved in a lot of illegal activities, people used to seeing Bitcoin being involved in scams, pyramids, etc where people lose money, aside from that people are using it as well to scam people, something like encouraging people to invest saying that they are going to invest it on cryptocurrency and Bitcoin hoping that they are going to earn but end up losing it to a scammer.

There was obviously no way around it, the only way to do encourage them is if they are the one going to learn it or research about it that way they are going to understand it by themselves and know the potential of Bitcoin.

[electronicash]

People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.
Little do they know how the banks even creating money.
So money the fiat currencies are unknown same like btc for many people.
Also all people live their lifes and nobody don't ask questions what's the purpose of life.
It's funny how they acting like they know everything but yet they don't nothing and then they say they know about money but don't know about btc.
Off course If some well known person will tell them let's use btc it's good and safe becouse i say so and Im trusted then people Will follow.
The same people who say things about cryptocurrency that it's unknown for them they act like they really know all about the other things what they trust,If you ask from average person can they explain the process of creating money debt and Fiat currency...they don't know.

It's really normal for some people who dont know about Bitcoin to say a lot of things that are not true because they just trust Bitcoin and do not know anything about it, they just do not have enough knowledge yet to understand how Bitcoin technology operates, but at the same, it's not really their fault because there are already a lot of rumor in the internet about Bitcoin, and if they are going to rely on the news Bitcoin and cryptocurrency really have a bad image overall because it is already involved in a lot of illegal activities, people used to seeing Bitcoin being involved in scams, pyramids, etc where people lose money, aside from that people are using it as well to scam people, something like encouraging people to invest saying that they are going to invest it on cryptocurrency and Bitcoin hoping that they are going to earn but end up losing it to a scammer.

There was obviously no way around it, the only way to do encourage them is if they are the one going to learn it or research about it that way they are going to understand it by themselves and know the potential of Bitcoin.

there are interviews where a youtuber is asking random people on the streets whether they know about BTC. surprisingly, the majority of those random people don't know BTC. i think there's still more than 90% of people around the world don't know BTC but trust banks with their fiat money issued by the government that is backed by nothing.

it's common for people to just trust the government because after all it's the government. and if the money is issued by the government then it's good enough for them. not asking anymore more than that. and i think because most people are in the rat race too.  too busy to make money working 12 hours a day and have no time to ask whatever is there that the discovery channel is talking about.

[aoluain]

yea its the same as most people dont know hot the engine of their car works but yet they drive,
thats the way with people in general and FIAT, its familiar and they know how to use it and it
works for them. ^{same as the car} They have no reason to question why it can take a number of
days for transfers to issue, why they can only avail of services pertaining their money 5 days out
of 7 or how they dont realise that they just dont have full control of their money.

Getting into something new like Bitcoin is viewed as confusing, they cant even hold or touch it.
Also there has been a negative narrative about Bitcoin over the years which could possibly be
tainting some peoples view of Bitcoin _{which is used by criminals and drug dealers!}

Time will change these peoples view of it I'm sure

[AprilioMP]

I myself don't know how banks make money and how every year banks print money. Having not yet reached the level of knowledge about Bitcoin, the level of how banks work and how fiat currency works at that time I did not know.
Because I don't want to be lost in ignorance, with the ease of internet access, I don't want to remain silent so that my knowledge about it changes even if it's only enough for myself.

Almost everyone knows about Bitcoin, including lay people. If someone basically doesn't know about Bitcoin, it's very easy for them to find out secretly without the knowledge of the person saying let's use BTC.
Unlimited space or information media can be explored by anyone so that there is no longer anything funny in this world that will live in 2024 because both brains can be used.

[Rruchi man]

People say that they don't know what is the btc and there is no clear story for them to trust btc.

It is just an excuse that these people give themselves so they do not invest in bitcoins. Although there are many wrong and contrary information regarding bitcoins, there is still the correct information about it if only these people will make the extra effort to try and check online for it.

Don't waste too much time trying to convince anybody that is proving too difficult to convince about bitcoins, leave them to their own opinions and focus on gathering more bitcoins so that later on in the future they will see the results of the decision that they refused to take.

[darkangel11]

there are interviews where a youtuber is asking random people on the streets whether they know about BTC. surprisingly, the majority of those random people don't know BTC. i think there's still more than 90% of people around the world don't know BTC but trust banks with their fiat money issued by the government that is backed by nothing.

it's common for people to just trust the government because after all it's the government. and if the money is issued by the government then it's good enough for them. not asking anymore more than that. and i think because most people are in the rat race too.  too busy to make money working 12 hours a day and have no time to ask whatever is there that the discovery channel is talking about.

This reminds me of that youtube video where they ask people if they want $100 or 1 bitcoin and everyone says they want the money.
OP is right, people don't trust bitcoin because they don't understand it, but it's funny because there's so many things they don't understand, but trust. For instance they drive electric cars even though they are known to catch fire and be built in China. They trust Chinese phones even though it was proven that some of them were had spyware. They trust the government, despite so many politicians being corrupt... Bitcoin wasn't proven to be wrong, corrupt, or a scam, yet people don't trust it.

[mindrust]

That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.

[Obim34]

That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.

Humans are mainly obsessed with what they see physical or what they where born into, that is the reason Bitcoin is most likely adopted by the young ones. Most of this people still believe there is nothing like Bitcoin since it is nothing physical and getting to find out the person behind Bitcoin has remained anonymous upto this date this will cause them to avoid by all means yet we can term it ignorance.

[electronicash]

but there are really people who geniunely doesn't know BITCOIN. and somehow they look like they can afford to live luxuriously.

i'm sure you have watched the youtube video of a man who fills to answer this question BITC_ _ _  IS THE FUTURE.

it may just be easy for the people in this forum to answer this but he answered BITCHES IS THE FUTURE on TV. you can't just unhear that but it happened.

[AmoreJaz]

That's true. They say they don't know bitcoin but they don't know what FIAT currency is too. The worst part is, they don't know what they don't know. They think they do... They are half-ignorant which is the worst kind of ignorance. It is because they will refuse to get educated even though they don't know shit. The good news is, bitcoin doesn't care what they think or do. When the time is right, they will have to learn what bitcoin is about. People didn't believe in cars too back in the day. Now nobody is riding horses anymore.

In today's generation, it is only laziness why you will be ignorant on things because you can basically search anything over the net these days. If you are in doubt or don't know anything, just hit the search button and tons and tons of info will come up.

So if you think you don't know what to do anymore with the hype surrounding the market, you can easily check what's going on by educating yourself and checking the net.

[jrrsparkles]

EVerybody uses money but as you said most people don't know the dynamics of money and how its created and why the prices of goods are increasing and why they can't afford to live better life even if they earn more money than the previous year. and a lot more questions.

But why do they still trust fiat?

The answer is simple, it's from the government so people will just think its safe while the reality is the money is what keeps the people poor.

[Odusko]

The fact is that not everyone will accept Bitcoin and for that only the few who have taken the time to know what Bitcoin is and what it stands for in the financial system both as a currency and also an asset, this is the fundamental thing and only those with the motivation to study Bitcoin will have the privilege and experience of bitcoin.
The vast majority will just look away from everything that concerns Bitcoin and the technology that surrounds it, above that also is the ability to invest time is what has scared some lazy forks away and in the end, they just make the general assumptions that Bitcoin is a scam.
Even the fiat financial system suffers the same misconceptions and lack of knowledge too, because sometimes, you will want to make a bank transfer to some people in their locality and in the end they will not know what bank transfer is, and all they know is cash and carry.

[passwordnow]

It's because they don't care about those processes and what matters to them is their daily lives, how we can survive and how we're going to keep up with inflation. They don't need to know how many is printed and how bitcoin is made. As long as they're there to make the whole point of holding Bitcoin or understanding what's happening in the economy through their own assets and investments, it is what matters to most of them. And it is understandable if people say that they're not yet familiar with cryptocurrencies.

That's okay to hear them say that because why they would care? The interest that they have isn't on this market but into something else. Not until they start to step in and have that interest for knowing more about cryptocurrencies and Bitcoin, that's how they're going to learn everything else. And from there, you'd see them trying to learn a lot of things and the initiative that they have to go deeper into Bitcoin and understand more of it.

[The Cryptovator]

When we are born and mature, we naturally conform to the existing fiat system. The only currency system we met with was our native fiat, which backed the government. Fiat has no chance of being demolished. So we can trust our native fiat blindly. Recently, we introduced Bitcoin, and we need a lot of study to know it. When we realise what Bitcoin is and how it works, we start trusting it. Otherwise, we might not trust it. For the next generation, they will definitely trust Bitcoin. Because from the beginning, I will teach my kids about Bitcoin, and they will be familiar with it from childhood. So they will easily trust Bitcoin. 

[btc78]

It’s because fiat money is backed up by the government which is an organization that most citizens follow. Without a leader or a system, humans will fall apart. There will be a disorder. That is why humans are used to following rules and regulations and whatever is being used by the majority as to not separate from the flock.

You are forgetting that fiat money is traditional. It’s coins and paper. It’s tangible. On the other hand, it is hard to grasp the concept of cryptocurrency because you can not actually see nor touch it.

This is why most people think it is not true. Especially those who are not that excellent in technology. Cryptocurrency is both new to technology and finance. Although it still uses traditional concepts like supply and demand, it is very unique and new.

[red4slash]

I agree with several colleagues who commented about the reasonableness in this case because after all when a lot of people still don't know btc and are even still very taboo about this I think it is a reasonableness because after all we must be aware that even though currently the development of btc has always been a good thing, especially for the last few years, the spread of btc is still small and it cannot be denied that it is still very far from being evenly distributed until now so it is quite natural that btc is not well know especially in some areas or countries that still cannot provide access to btc. But that is also not a real obstacle and we also don't need to force everyone to know btc because things like this not all can understand and all we have to do when we know bitcoin at this time is just to enjoy it by being in bitcoin that is comfortable for us.

[Parklane777]

there are interviews where a youtuber is asking random people on the streets whether they know about BTC. surprisingly, the majority of those random people don't know BTC. i think there's still more than 90% of people around the world don't know BTC but trust banks with their fiat money issued by the government that is backed by nothing.

it's common for people to just trust the government because after all it's the government. and if the money is issued by the government then it's good enough for them. not asking anymore more than that. and i think because most people are in the rat race too.  too busy to make money working 12 hours a day and have no time to ask whatever is there that the discovery channel is talking about.

This reminds me of that youtube video where they ask people if they want $100 or 1 bitcoin and everyone says they want the money.
OP is right, people don't trust bitcoin because they don't understand it, but it's funny because there's so many things they don't understand, but trust. For instance they drive electric cars even though they are known to catch fire and be built in China. They trust Chinese phones even though it was proven that some of them were had spyware. They trust the government, despite so many politicians being corrupt... Bitcoin wasn't proven to be wrong, corrupt, or a scam, yet people don't trust it.

Yes u got the point we live in society of trust.
All what it takes is just get some legit looking person to talk and everybody will trust and belive.
Yes it's so funny to see how people trust and act like they know and tell they don't get into btc because they don't know about btc .....but to be honest people don't know much about anything.
But the future of finances are proof instead of trust.

[Ryu_Ar1]

We need to think about another condition because the fact is that until now there are still many people who will continue to be comfortable with fiat and will not like bitcoin so that apart from those who do not know about bitcoin they also do not want to know about this which makes information sometimes stalled and even if there is information or news about bitcoin in the end in some conditions it is like being led to an opinion where bitcoin is a bad thing and not really worth holding.

I think situations like this will continue to exist and continue to develop. Bitcoin is still very new and at this time we are still in the development phase so it is quite natural that there are still many people who do not know or even doubt that bitcoin is feasible because this is about choice and not everyone will accept bitcoin as a choice to be taken.