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Author Topic: Btc and people knowledge  (Read 826 times)
Blitzboy
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February 26, 2024, 01:26:29 PM
 #81

The majority blindly accept fiat without interrogating its foundations. Yet, when it comes to Bitcoin, skepticism abounds. Our collective illiteracy and social standards are starkly shown.

Knowing is liberating, not simply powerful. More than a money, Bitcoin challenges the existing quo and asks what we value and why. How ironic? Some who denigrate Bitcoin for its complexity dot understand the basics of the financial systems they trust. Thats not only about cash; it shows our openness to question and learn.

Imagine if fiat was scrutinized like Bitcoin. Curiosity and critical thought are encouraged, not naïve faith in technology or people. Bitcoin is an asset that reflects our values of innovation, trust, and value.

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February 26, 2024, 01:30:56 PM
 #82

People without the knowledge of bitcoin should not be blamed and surprising some have never heard about a digital currency like bitcoin while some don't just want to accept the technology, which category are you referring to if I may ask. We should not blame people without the knowledge but we should inform and educate them about bitcoin. Even with this statement I still can't believe most people have never heard about bitcoin now in this modern world when everything is attached to the internet and you let ignorance prevail.
People still don't trust bitcoin and they prefer holding fiat due to what they heard about the internet etc. Holding fiat is not so bad besides we still make use of fiat, the difference here is bitcoin is an asset meanwhile fiat is not, holding bitcoin has profit attached so it's advisable people should accept and love the modern technology.

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February 26, 2024, 03:53:07 PM
 #83

Of course, those people who were used to investing in traditional ways of investment or making money, don't have any idea how bitcoins work and if they want to know about it, you can just simply clear any misconceptions and let them know everything they need in order to prevent them from Ponzi Schemes that are using cryptocurrencies as their props. Many people thought at first that investing in bitcoins and investing on those high ROI scams are the same which makes them not trust bitcoins anymore because they have been deceived because of their ignorance. If only they had taken some time to equip themselves with proper knowledge before investing, they would have not fallen into such schemes.

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February 26, 2024, 04:41:49 PM
 #84

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.

You won't blame for them to have so much believe concerning the fiat, this is what they come up to see from the day they were born which they have been using and believe in it, so if they doubt cryptocurrency it is not their fault because cryptocurrency is new to them. It will only take people time to really understand what cryptocurrency,  and zee the benefits which will make for them to embrace cryptocurrency.

 We learn everyday and the world is changing everyday, it is through exposure and learning that can change the mentality and make us understand that their is something better than the fiat currency.

It is normal that people will be sceptical about cryptocurrency because of ignorance but time will come when they will understand that the fiat currency has failed and no one needs to preach to them to go for bitcoin. I don't blame people when they are so sceptical about bitcoin because many of us who know bitcoin we were once like them too when we first came across bitcoin. It is just a matter of time and the right time they will understand what it is.

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February 26, 2024, 05:14:33 PM
 #85

They trust fiat currencies and traditional financial systems because they have been around for a very long time, they were used by their ancestors and everyone that lived and died before them. They don't care about where it comes from, who created it, who is managing it, but such people only think that it isn't trusted because it's new and they mean that their parents and grandparents haven't been supporters of it so they feel hesitant.

This wouldn't be the case for generations to come when they would know that their parents and grandparents and people before them used to use Bitcoin and cryptocurrencies and they have been around for quite sometime, they wouldn't ask a lot of questions about trust or anything because they would already have confidence in it.

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February 26, 2024, 10:42:55 PM
 #86

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.
They are so interested in shorter and quicker methods to make money.People like shortcut and they believe that nothing seems to come out of bitcoin.They just choose to be reluctant and hesitate on a life changing opportunity that seems easy.
Bitcoin is one of the easiest business to embark on compared to what is in circulation presently yet people find it difficult to acquaint themselves with bitcoin systems.
It is now clear enough that no matter how popular and valuable Bitcoin becomes not everybody will deem it necessary or beneficial for them to invest their money.
I don't know how brainwashed they have become to maybe think Altcoins are actually the best to invest due to shorter time of giving ROI unlike Bitcoin but one should first at most consider the safety of his/her funds as it may not have gone like planned.

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February 26, 2024, 11:02:23 PM
 #87

In life everyone started from the unknown to the known. And most of us here started like that. We started from the unknown to the known. And that is why when you read the most of the people here their first knowledge or experience in bitcoin you would discover that the knowledge of bitcoin was not found in them but it was when they came here the knowledge was given. Well bitcoin is a digital currency which is meant to buy goods and services online but that part of it is not effective as the investment part in this day.

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February 27, 2024, 01:19:05 AM
 #88

Well bitcoin is a digital currency which is meant to buy goods and services online but that part of it is not effective as the investment part in this day.

Yes, Bitcoin is meant to buy things, but I kinda think that's old news.  I mean sure, that was the original idea back in the day.  But let's be real here - nowadays the whole investment side of crypto is blowing up and  folks are making bank hand over fist just trading and hodling, and I can't blame them for hopping on that train! 

I get it I get it - youre probably one of those hardcore Bitcoin is for the people types.  But the way the world works these days, when people see a money-making opp they grab it.  That don't necessarily make them wrong or nothing, they're just playing a different game.

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February 27, 2024, 01:54:19 AM
 #89

I get it I get it - youre probably one of those hardcore Bitcoin is for the people types.  But the way the world works these days, when people see a money-making opp they grab it.  That don't necessarily make them wrong or nothing, they're just playing a different game.


Yes, money to make ends meet has always been an attraction for everyone. So there will be many people coming who want to join. But this is sometimes what criminals take advantage of to cheat. So some people are deceived and give bad value to Bitcoin. In addition, there are many people who may not be able to survive. They don't learn and tend to give up because of losses and failures. In addition, nowadays many people do not dare to take risks, they tend to choose to hire expertise services to work in companies or countries.

R


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February 27, 2024, 04:28:47 AM
 #90

Almost most of the people in the world know what Bitcoin is now, so people are now very loyal to Bitcoin. There was a time when people didn't believe in Bitcoin and the digital currency, but nowadays most of the people are involved in investing with this Bitcoin. In today's era, Bitcoin has gained trust of people due to which more people invest in Bitcoin than banks. However, generally, people now invest and hold bitcoins to keep their money safe. But I believe it is safer to hold an investment in Bitcoin than real currency, and I trust Bitcoin.

R


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February 27, 2024, 06:14:17 AM
 #91

Yes, money to make ends meet has always been an attraction for everyone. So there will be many people coming who want to join. But this is sometimes what criminals take advantage of to cheat. So some people are deceived and give bad value to Bitcoin. In addition, there are many people who may not be able to survive. They don't learn and tend to give up because of losses and failures. In addition, nowadays many people do not dare to take risks, they tend to choose to hire expertise services to work in companies or countries.
Most people are trapped by a fraud system because it is based on the desire to produce a big quick profit and bitcoin is a tool used by irresponsible people. Therefore it is important knowledge to avoid fraud in the name of anything because if someone ordinary understanding the problem will be much easier to be deceptive. Comfortable zones that make people hold back and unproductive because they are caused by fear of facing risks, even though there is no victory without betting and waiting without doing anything will have an impact.

Many things we can achieve as long as we dare to get out of the comfort zone and if Bitcoin does not give confidence to themselves. There are many other ways that can be taken because now many things can make money, depending on how we can use and continue to run with full responsibility.

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February 27, 2024, 07:02:28 AM
 #92

-snip-
Most people are trapped by a fraud system because it is based on the desire to produce a big quick profit and bitcoin is a tool used by irresponsible people. Therefore it is important knowledge to avoid fraud in the name of anything because if someone ordinary understanding the problem will be much easier to be deceptive. Comfortable zones that make people hold back and unproductive because they are caused by fear of facing risks, even though there is no victory without betting and waiting without doing anything will have an impact.

Many things we can achieve as long as we dare to get out of the comfort zone and if Bitcoin does not give confidence to themselves. There are many other ways that can be taken because now many things can make money, depending on how we can use and continue to run with full responsibility.
Of course - there are many scam investment products in the name of bitcoin and others that promise profits, when in fact it is something designed to trap greedy people. Knowledge and high curiosity can prevent someone from being caught in a scam attempt - whereas someone who easily believes without research will get caught in it.

Bitcoin has great interested among people who know what Bitcoin is - but their laziness and unwillingness to learn will get them caught in the trap of scammers. I hope that the many cases of fraud that occur and spread everywhere can be a lesson for other users - they just need to learn how to avoid it.

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February 27, 2024, 07:41:43 AM
 #93

You don't have to be that surprised if someone told you that he knows nothing about Bitcoin because not everyone is enlightened, we live in a world were technology have practically taken over everything in our daily lives but in some places around the world, it's only few people that have access to phone, computers and laptops so in such environment, you don't expect most people to be aware of what's going on around them.

Places like Africa and Asia, no disrespect to people there, that's where you see most cases, and secondly, you know that Bitcoin doesn't do advertising, so the easiest way it mostly gains popularity is when the government of most states fights it, because unknowingly to them, they are spreading Bitcoin and what it entails to the masses.











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February 27, 2024, 07:46:07 AM
 #94

In life everyone started from the unknown to the known. And most of us here started like that. We started from the unknown to the known. And that is why when you read the most of the people here their first knowledge or experience in bitcoin you would discover that the knowledge of bitcoin was not found in them but it was when they came here the knowledge was given. Well bitcoin is a digital currency which is meant to buy goods and services online but that part of it is not effective as the investment part in this day.
Now as the present time is technology dependent time so now in every country of the world technology is developing along with people are becoming modern. As people are becoming modern they are immersing themselves with technology due to which people are now attracted to cryptocurrencies. There was a time when people didn't know what Bitcoin was but nowadays most people now know and understand about Bitcoin.

There are various countries in the world where various products are bought and sold through Bitcoin and some countries have already legalized Bitcoin. There are many investors who have earned a lot of money by holding or trading bitcoins and have been able to change their lives just by using bitcoins.

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February 27, 2024, 08:00:07 AM
 #95

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.
They are so interested in shorter and quicker methods to make money.People like shortcut and they believe that nothing seems to come out of bitcoin.They just choose to be reluctant and hesitate on a life changing opportunity that seems easy.
Bitcoin is one of the easiest business to embark on compared to what is in circulation presently yet people find it difficult to acquaint themselves with bitcoin systems.
It is now clear enough that no matter how popular and valuable Bitcoin becomes not everybody will deem it necessary or beneficial for them to invest their money.
I don't know how brainwashed they have become to maybe think Altcoins are actually the best to invest due to shorter time of giving ROI unlike Bitcoin but one should first at most consider the safety of his/her funds as it may not have gone like planned.

If someone thinks that all altcoins are better than bitcoin and worth investing in, it is a wrong thought but investing in altcoins is not a bad idea. Not all altcoins are scams and unprofitable. If you do not have enough experience and knowledge, stay away from new altcoins but top altcoins like ETH or BNB are not too bad to invest in.
I know saying this will make many bitcoiners hate it, but the truth is that if you invest in ETH or BNB the returns they bring you will be more significant than bitcoin these days. Many people are trying to deny and don't want to mention this but it is the truth. But everything is very fair, bitcoin cannot bring bigger profits than ETH and BNB but in terms of safety, BTC is still much safer.

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February 27, 2024, 08:47:46 AM
 #96

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.
They are so interested in shorter and quicker methods to make money.People like shortcut and they believe that nothing seems to come out of bitcoin.They just choose to be reluctant and hesitate on a life changing opportunity that seems easy.
Bitcoin is one of the easiest business to embark on compared to what is in circulation presently yet people find it difficult to acquaint themselves with bitcoin systems.
It is now clear enough that no matter how popular and valuable Bitcoin becomes not everybody will deem it necessary or beneficial for them to invest their money.
I don't know how brainwashed they have become to maybe think Altcoins are actually the best to invest due to shorter time of giving ROI unlike Bitcoin but one should first at most consider the safety of his/her funds as it may not have gone like planned.

If someone thinks that all altcoins are better than bitcoin and worth investing in, it is a wrong thought but investing in altcoins is not a bad idea. Not all altcoins are scams and unprofitable. If you do not have enough experience and knowledge, stay away from new altcoins but top altcoins like ETH or BNB are not too bad to invest in.
I know saying this will make many bitcoiners hate it, but the truth is that if you invest in ETH or BNB the returns they bring you will be more significant than bitcoin these days. Many people are trying to deny and don't want to mention this but it is the truth. But everything is very fair, bitcoin cannot bring bigger profits than ETH and BNB but in terms of safety, BTC is still much safer.
I think it's hard for me to conceive the idea of ETH and BNB giving much profits than BTC, this same top Altcoins are the ones still correlated Bitcoin and most times if Bitcoin dumps same happens to them.
Analytically, during the bear market Bitcoin dumped to $20k,if anyone should have invested massively at that point then compare the profits to be made out of that investment with this current price of $55k.

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February 27, 2024, 09:00:41 AM
Merited by fillippone (1)
 #97

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
If people said that they don't know about Bitcoin and they cannot invest on Bitcoin because the Lack trust in Bitcoin you don't have anything to do is that you should refer them to a link or an article they will read the concerning Bitcoin so that they will understand what bitcoin is all about different people explain different things in Bitcoin so it is good for you to give them and insight where they can read and understand the originality of Bitcoin and the also the functions of Bitcoin because when your eyes is being covered they will think that everything around you is black color but where your eyes is open you see different colors and understanding it, so that is how bitcoin is all about, so if you don't know about Bitcoin you will condemn it but if you know bitcoin you will be speaking good of bitcoin.

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February 27, 2024, 10:11:33 AM
Merited by fillippone (1)
 #98

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.


Thats true ! We've seen exactly that with the vaccine. One well known person, Bill Gates, saying the vaccines are magical, and people believe it and went along with that idea in mind to get their shot.

It's a sad thing to realise that a community (the people) are so kept in the dark as in regards of what money is & how it works. I mean, the information is out there, its accessible, but only few go out to seek the truth ! Most persons are complaining, repeting some old narrative they hear from a colleague or a neighboor like : ''We pay this with out taxes !'', but they have absolutely no clue of the deeper meaning of the words they just said. And worse...they dont really care. They are fine with complaining, as long as it doesnt require any sort of action or gesture on their part. This is the blind & easy way.

I hope I haven't gone too much off topic here Tongue
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February 27, 2024, 10:49:38 AM
Merited by fillippone (1)
 #99

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.

A lot of people, mostly boomers, aren't technology friendly, which make the ''learning process'' way harder for couple reason :

- They dont know how to access/research information on internet
- It goes against every thing they knew for the last 50 + years
- They FEAR complexity

So I dont think it is necessary only about an excuses/making the effort.
But off course, excluding lets say a majority of boomers, I do agree with you that many aren't willing to make the effort !

[/quote]]
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.
[/quote]

Fully agree ! Once ready, they will come back to us.
Once a seed planted....it may grow. If so, our job as BTC Pastor has been achieved Tongue



***Having some quote issue.
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February 27, 2024, 11:02:55 AM
 #100

-snip-
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.
People know about money, but not many people know how money works, starting from the process and mechanism by which money is printed to how much is printed each year.
People know Bitcoin and often hear the name Bitcoin, but not those who know how it works and other things about Bitcoin.

From not knowing will change to knowing their ignorance about money and Bitcoin. When you know, you can make comparisons about which is good and which is good.
On the other hand, when people say they don't know about Bitcoin, maybe they don't want to explain more clearly what they know about Bitcoin so that other people can't read it.

 
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