Btc and people knowledge

[Sandra_hakeem]

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.

They don't really care about how much it takes to create/implement any policies... They just feel comfortable with the system they were brought up with
Bitcoin is a different digital currency that bears it's own criterias... I didn't really have much interest innit until when it was introduced to me by a friend - and that happened just before I got registered in here..

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.

exactly!! It's actually a different case when it comes to digital currencies.... I believe Bitcoin hasn't still gotten the desired validation even after a decade and more.

Sandra 🧑‍🦰

[1714785410]

1714785410

[Issa56]

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

Not everyone will have to know about bitcoin, and not everyone is ready to learn about bitcoin. Most people who don’t trust bitcoin don’t even know what it's really all about, they decided to hate it just because of what the government feeds them. The government makes bitcoin look so bad, they make people think bitcoin can only be used for illegal things. and experience some people have with scammers in the crypto space already make them lose interest in bitcoin.
 
Fiat currency can’t be compared with bitcoin, fiat currency has been in existence since the beginning, and that’s what everyone is used to. Most people are using fiat currency for their daily activities, and we all know bitcoin can’t be used for that yet. Some people don’t even believe in digital currency, and I know some people who don’t even leave their money in banks because they don’t trust banks. But I am sure that with time, people who don’t trust bitcoin will come to understand what bitcoin is really all about, and they will start using bitcoin.

[Onyeeze]

I will say it was then that many people does not know what is Bitcoin but currently many people have no what bitcoin is all about because of the massive adoption in Bitcoin currently it is difficult before you see a country that does not know cryptocurrency especially Bitcoin because many people who is into gold exchange or trading those people is into cryptocurrency especially bitcoin because currently bitcoin has taken over a digital market so there is no place bitcoin has not circulated to the environment especially all this most civilized countries so I can say that anyone who say that is ignorant of Bitcoin don't want to know about Bitcoin because the information of Bitcoin is propelling everyday by day.

[Rengga Jati]

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.

Because sometimes, the general public does not need that kind of understanding or knowledge, what they believe is what happens as usual and what their government guarantees. In this case, they have been dealing with money and banks for a very long time. They believe that the government guarantees banks and money. And another important point for the general public is that they will believe more in something that seems real and can be held. They can hold and use the money for a long time and it has been proven.

Meanwhile, in their opinion, Bitcoin is the opposite. They can't even see the form of Bitcoin, let alone hold it. so their trust in Bitcoin is completely non-existent. Even if the more we explain it, the more they deny it because we can't prove Bitcoin is real. These are some of the thoughts of people around me about Bitcoin and why they don't believe in it. I don't know whether this is the same in other areas or locations or not.

[Assface16678]

One thing I can only say for this kind of people is that they are missing a great opportunity. Let's face it, many people are ignoring the presence of bitcoin even though there is news about its movement, but they choose to ignore it and spread negative comments about it. I know we can't please all the people to believe and invest in bitcoin; it's just that they are wasting their time trying to pull down bitcoin, but in reality they can't do that because more people or investors are believing in the power of bitcoin, and I'm one of them. I encounter many people who say bad stuff or don't trust bitcoin because it is risky and dangerous, and yes, that's true, but there's no investment with no risk, right? Its up to the investors on how they will do great in their investment; making the risk into profit is such a good skill to be added.

[decodx]

I get why some folks feel weird about Bitcoin.  It's pretty out-there and different from regular money.  But let's go easy on the skepticism.  It makes sense to be confused when you encounter something totally new and 

sure, most people likely have no clue how traditional money gets made or the ins and outs of national currencies.  But that shouldn't stop them from trying to grasp new concepts like Bitcoin.  Instead of being judgey, we could nurture curiosity and chat openly to spread knowledge.   

After all, progress means venturing into uncharted territory that seems odd at first.  Yet with an open and inquiring mindset we can grow our understanding.  Approaching economic innovations like Bitcoin with generous patience rather than cynicism will lead to wiser perspectives overall.

[Sanitough]

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

Not everyone will have to know about bitcoin, and not everyone is ready to learn about bitcoin. Most people who don’t trust bitcoin don’t even know what it's really all about, they decided to hate it just because of what the government feeds them. The government makes bitcoin look so bad, they make people think bitcoin can only be used for illegal things. and experience some people have with scammers in the crypto space already make them lose interest in bitcoin.
 
Fiat currency can’t be compared with bitcoin, fiat currency has been in existence since the beginning, and that’s what everyone is used to. Most people are using fiat currency for their daily activities, and we all know bitcoin can’t be used for that yet. Some people don’t even believe in digital currency, and I know some people who don’t even leave their money in banks because they don’t trust banks. But I am sure that with time, people who don’t trust bitcoin will come to understand what bitcoin is really all about, and they will start using bitcoin.

Learning should not be forced, it will eventually happen in time when the people are already willing to learn. Even highly knowledgeable people are not all knowing about bitcoin, they heard it but they cannot tell exactly it’s real definition and purpose in the market industry. Most particularly for those who aren’t interested about bitcoin, they will not care researching for it.

However, different thing applied for fiat. Fiat has already been here even before these new generation has existed, so most probably whether they like it or not, they should learn the basics of fiat so they can use it at a maximum level.

[GreatArkansas]

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.
(...)

For me, the foundation of Bitcoin's technology, along with the ideas of decentralization and transparency, all contribute to its being trusted by many.
Every Bitcoin transaction and/or creation of new Bitcoins is transparent.
On the other hand, traditional banking systems where the creation of money and its flow can be somewhat opaque.

[Natsuu]

Regular money can get pretty complicated with central banks and government stuff but we're cool with it 'cause we've been using it forever. Now with things like Bitcoin it's like speaking a different language for many. People are skeptical just 'cause it's not what they're used to even though regular money has its own mysteries. Trust seems to come more from being familiar with something than really knowing how it all works

[uneng]

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.

Yes, it's true. Most people in our socities behave like sheeps. They can't act or think by themselves, rather they act based on what people they consider trustful tell them to do. And trustful is usually related to authority. So, people act based on what authorities dictate and enforce. If the government told people to use Bitcoin, instead of fiat currencies, they would do this, even not having any clue about how it works.

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.

They can't explain how fiat system works, neither are interested in learning about it. They just want things simple and plain, like accomplishing a determined workload somewhere and receiving money on their banking accounts in exchange. No further questions and reflexions are desired. They live the day, without thinking on the long term consequences the fiat system they are inserted on are going to bring. They don't care about inflation, debt and investments at all. That is why financial education must be introduced to citizens since an early age, so once they reach adulthood, they will already have a good notion about it and will develop a natural interest for this matter, since they received appropriate stimuli when they were younger.

[ancafe]

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.

Too much trust in other people will not produce wise decisions because we don't try to find out for ourselves, even though Bitcoin is currently one of the best investments ever. The reason is because people trust famous and well-known people more than people who have knowledge, so they try to obey whatever they say.

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.

Explaining something must be done with knowledge because when you try to explain to other people they see the extent of your knowledge about the problem. The problem is whether they believe it or not depends on how you convince them and I would rather not convince anyone of cryptocurrency because there are many risks that they may not be ready to accept. If you want to provide education then do it and don't forget to provide an understanding of the risks and price fluctuations so they don't panic when starting out.

[Xampeuu]

Regular money can get pretty complicated with central banks and government stuff but we're cool with it 'cause we've been using it forever. Now with things like Bitcoin it's like speaking a different language for many. People are skeptical just 'cause it's not what they're used to even though regular money has its own mysteries. Trust seems to come more from being familiar with something than really knowing how it all works

time will make many people aware of Bitcoin, there are still many pros and cons considering that in the world there are still many generational groups, but this is a normal thing, where today's young people will later become old people, and small groups will turn into children. young, so that at that time bitcoin will be better understood by everyone, not just as a means of making money

[joeperry]

Some people doesn't want complicated things like banks, money and cryptocurrency. Honestly, it can only be studied by yourself believe it or not, in our country they don't teach financial things and of course cryptocurrency that's why many people here don't know how to invest, how money and bank works and especially cryptocurrency because it's combination of computer knowledge and financial. So there's no doubt that many people don't know how things works in banks and cryptocurrency.

[Darker45]

The difference is that people don't have to learn about fiat. They don't have to understand how it works. There's a powerful order coming from no less than the government to use it so they have to use it. They don't have a choice anyway. Whether they understand it or not, accept it or not, trust it or not, it is everybody's money. It's probably more convenient to not even try understand it; you'll have to use it anyway.

Bitcoin, on the other hand, is just an alternative. If you want to use it, you'll have to exert effort to understand it. You have to have intention. You have to be willing to understand it in order to understand it.

[Ale88]

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.

The average person knows very little about finance and money, and I can tell you that before before discovering bitcoin I really had no idea about this world. Why? Mainly finance and money is not something that they teach at school, and usually when you are young and you go out with your friends it's extremely unlikely to talk about these matters. And also many people aren't interested in this type of conversation, it's missing the curiosity.

[Volimack]

It is natural that many people are still unaware of the knowledge of crypto and have not progressed with the development of blockchain. Also if they don't know what bitcoin is maybe they wouldn't have any doubts. They may think crypto is too complicated they think bank is a safe place. Trust is most effective I think once they know about the use of bitcoin they will try to get familiar with it and gain proper knowledge.

[Kakmakr]

Will you believe me, if I tell you that many people still believe that Fiat currencies are still backed by Gold?

I ask people what gives Fiat currency it's value and they say "Gold" ....    Then I explain "toilet paper money" to them and I blow their minds.

People do not even understand the Banking system, so how will they understand Crypto currencies?

[EluguHcman]

The more in doubt and ignorant to Bitcoin is the primitive awkwards they are to this digital era. If you have heard of Bitcoin and yet having doubts about it and then you are interested to know the reality inventory it is, how reputable and its potentials including how it could be reliable based on how it must has been brought to you, then you must make your inquiries, do some research and then you have your stance towards it either you would accept and embrace the industry or you are just satisfied acquiring its knowledges.
Singularly, It pays giving your attentions and learning about things you fells that are influential to the society because even though you are not interested to it today, it might be a white collar ticket to you as time may tell and I can tell it verily that learning about Bitcoin is as obtaining that knowledges of how you secures knowledges of a white collar job.
Indeed people that doesn't know how the traditional Fiats are created by the same government of the people that is never trusted are not bothered to study how this all time fiats were created but yet they accepted it that as much as it is an inventory for the enable purchase and exchanges in goods and services they are just cool by it and yet they doubts about Bitcoin which is even more lucrative and potential than the old said fiats invention that existed before their introduction to the World. If you ask me I would say Bitcoin would had been a most concentrated currency ebe globally adopted for its primary potential as a means of payments because it is one of a currency that was introduced during our times and has a clearer invented history.

I understood clearly what the OP said that most of the people who are in doubt of Bitcoin do so because it is not one of the prominent and influential person's that rules the governments who is discussing about Bitcoin with them but because it is coming from an average individuals that is way it is being unable for them to understand and accept it as they hears about it Bitcoin.
This is one of the reasons most countries and governments refused to accept Bitcoin because they are afraid that if they do, and as long the masses trusts them, they would also follow and accept the Bitcoin and may even tend to adopt the Bitcoin and dump their fiats to to their potential differences. Indeed there are a lot the government is keeping off from the awareness of its masses and they (Masses) are just so practically blind at it.

[m2017]

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

Those who have at least a little tried to figure it out and understand what bitcoin is, everything is in order with their trust.

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.

These people have seen (and used) only money (as a financial instrument) all their lives, and money is a model of reliability for them (although this is absolutely not the case). This is called habit and blind faith.

Little do they know how the banks even creating money.

Amendment. Central banks.

So money the fiat currencies are unknown same like btc for many people.

Absolutely true, but people’s trust in fiat currencies is incomparably higher due to old habits (money has been used longer than bitcoin).

I understand what you're getting at. To break the shackles of habit and ignorance, people must first become disillusioned with money (the traditional financial system), understand how everything works there, see the shortcomings that abound (inflation, devaluation, etc.) and try to want to find alternatives. And only after that they will be able to become interested in bitcoin. Again, only after detailed study.

[Plaguedeath]

Because they only trust what the government is trusting, they're slaves for the government. When the government say yes, they will say yes, when the government say no, they will say no, without even knowing why they say yes or no.

But at least people in this forum aren't that kind of people, there are few Bitcoin's haters too, but it's only like <1%.