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Author Topic: Does the world know about Bitcoin?  (Read 857 times)
pattrick
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May 12, 2024, 03:02:40 PM
 #41

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.

Majority of the world is still unaware about bitcoin. But that is not bad thing about the market. Since, there are so many people who are not exposed to bitcoin, there can be new coming investors in future which will push the demand for bitcoins more in future. This can be a good indication for investors looking to stick with their bitcoin investment for long time.
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May 12, 2024, 03:14:19 PM
 #42

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.
I am living in a crypto friendly country as well but majority in here don't have any idea about Bitcoin. Only few of us from the total population knows about it and currently using it as payment or even an investment. Bitcoin here in my country still needs time to come up with massive adoption but even though adoption is quite slow atleast number of people in the Bitcoin community is going up every single day.

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May 12, 2024, 03:22:51 PM
 #43

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.
Dude I know about BTC and I am not making thousands of dollars first tell me how can I make haha 😂😂😁. You just mentioned these few countries while in almost every single country there are 10% people (my self-assessment) who are unfamiliar with BTC. For instance, my mother is not aware, my 80% of the family members are not aware of the BTC, and I have a big family of around 60 people. And If I speak of my whole village almost the same amount (80%) is not aware of the BTC, if they are, then they don't know what it is, or what potential it has. The funny thing is, people are not aware of BTC but they are aware of the pi token haha. Just a hype shit.

Many people especially (millennials) are the ones who don't want to adopt the new technologies, even if they heard about it, they just want to make an excuse so they could avoid it, as they don't have to adopt new technologies now, as they are in there end times, and they must have already prepared there retirement as well.

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May 12, 2024, 04:20:25 PM
 #44

So far so good, Bitcoin is the world's  largest and most popular cryptocurrency,an estimated 1billion people around the world uses cryptocurrency/Bitcoin precisely.The truth is that no one knows the amount of Bitcoin users in the world in particular.Almost all the time,it is very hard and impossible to give accurate record of the worldwide Bitcoin users.

However,bitcoins popularity compared to other online investments has multiplied,Bitcoin community is increasing daily alongside with mass adoption.
Majorly,I can still believe that so many other people are not aware of Bitcoin or using Bitcoin because they are not still exposed to reality.

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May 12, 2024, 05:11:46 PM
 #45

I know that for the most part here in the United States that the majority of people here do know about bitcoin. Working in finance it’s a topic that comes up a good bit, so I know that the majority of Americans are aware of bitcoin, what it is and know the basics of how it works. Just like with anything of course not everyone knows about what it is.

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May 12, 2024, 05:14:13 PM
 #46

So far so good, Bitcoin is the world's  largest and most popular cryptocurrency,an estimated 1billion people around the world uses cryptocurrency/Bitcoin precisely.The truth is that no one knows the amount of Bitcoin users in the world in particular.Almost all the time,it is very hard and impossible to give accurate record of the worldwide Bitcoin users.

However,bitcoins popularity compared to other online investments has multiplied,Bitcoin community is increasing daily alongside with mass adoption.
Majorly,I can still believe that so many other people are not aware of Bitcoin or using Bitcoin because they are not still exposed to reality.

All of this information that you provide is accurate, but there are still some factors to consider when we want many people to know about bitcoin. because it is not that some don’t know bitcoin, but they only know the name, but they do not know why it is important or how it works in our daily activities, and some are discouraged by their environment, society, or even religious beliefs. 

There is a person that I have ever met who was complaining to me about the inflation that is affecting the world in general, and he is always out of money for his personal needs due to the inflation, so he was asking me if there was any way that I could help him find another source of income. I said yes, so I was trying to explain about bitcoin to him. He allowed me to reach a full stop first and then asked me, What is the main reason why the coin will be raising and dumping? I explained to him, and then he asked again, Who is the person who invented it? And where can he find the physical currency? When I told him that no one knew the real inventor of bitcoin, he laughed and said that he couldn’t join because he didn’t know the inventor and his religion was again it, so I just allowed him to be because he would never be convinced to join due to his religion. If not, he agreed with everything, but he kept looking for excuses that would stop him from joining. 

So some people are discouraged about bitcoin due to their religious beliefs and many other factors, and bitcoin is not something that you will convince a person to join or even force a person to join.

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May 12, 2024, 06:18:33 PM
 #47

I know that for the most part here in the United States that the majority of people here do know about bitcoin. Working in finance it’s a topic that comes up a good bit, so I know that the majority of Americans are aware of bitcoin, what it is and know the basics of how it works. Just like with anything of course not everyone knows about what it is.

America is one of the most developed countries in the world, so there is no surprise that the majority of people from there know about Bitcoin, but smaller countries that fall under the category or either developing or third-world, a vast majority of people from such countries aren't yet aware of Bitcoin's existence and they don't know what a cryptocurrency is, either due to illiteracy or because of a lack of awareness within these countries because the government is not ready to accept cryptocurrencies and let them prevail.

It's based on my personal experience because I have asked a lot of people if they know what Bitcoin is and they said no, they have never heard of it. So I'm pretty sure that the same is the situation in other smaller countries as well because there isn't enough awareness among people about these things.


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May 12, 2024, 06:36:33 PM
 #48

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($)
If an individual has the impression that Bitcoin is a scam then it's not that the person doesn't know about Bitcoin, he/she is just blinded by the negative news he/she heard about it. What happened in this situation is that the person lack the knowledge about BTC purpose and potential.

 
I think they don't know that we are in a digital world now.
We are in the 21st century and I don't think there's someone on earth who still doesn't know that we're now in a digital age with the government encouraging digital payment.


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May 12, 2024, 06:58:44 PM
 #49

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.

If there are still some people in the countries you mentioned who don't know about Bitcoin, how do you know if some of them consider Bitcoin a scam? Because if those who you think don't know about Bitcoin, but instead think Bitcoin is a scam, that means they must have heard the words "Bitcoin" even though they haven't read everything about Bitcoin at this time so they immediately make statements like that. And on the one hand, when you know that currently there are still people who don't know about Bitcoin and they are near you, you should give them a little correct understanding so that they no longer give birth to a wrong understanding of Bitcoin.

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May 12, 2024, 07:09:11 PM
 #50

When they always think that Bitcoin is a scam we are seeing the bad reputation of our community coming around to affect the future. Will the next generation of BTC business leaders have much higher standards than before?



To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.
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May 12, 2024, 07:17:55 PM
 #51

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.

If there are still some people in the countries you mentioned who don't know about Bitcoin, how do you know if some of them consider Bitcoin a scam? Because if those who you think don't know about Bitcoin, but instead think Bitcoin is a scam, that means they must have heard the words "Bitcoin" even though they haven't read everything about Bitcoin at this time so they immediately make statements like that. And on the one hand, when you know that currently there are still people who don't know about Bitcoin and they are near you, you should give them a little correct understanding so that they no longer give birth to a wrong understanding of Bitcoin.

Once upon a time, those guys must have heard of BTC in the news being mentioned and someone in that news says, BTC is a scam and then it just sticks in their mind. The media has been this way since BTC started and whichever people hear the first always sticks in their mind. It takes more than just convincing to change the mind of someone about BTC until it could help them financially.

They are more convinced that BTC is a scam every time there is news about exchanges such as FTX. Without even learning the details of how the exchange end up being a scam as long as it is related to BTC, they'll just think it happened before.

It could change drastically with the help of institutions such as Blackrock but they will not endorse it even if they are buying thousands of it.

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May 12, 2024, 07:38:26 PM
 #52

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc..... //::

In a globalized world, where access to information is an inalienable right, it is up to governments to allow it, then in those where the provision of information depends on individuals, such as the countries you name, it is up to them to inform themselves and take actions, their own decisions, there is all the corresponding information. Then, if (You, I) we understand the message, must maintain trust, and that is the best message for third parties.

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May 12, 2024, 07:40:55 PM
 #53

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.
Calling Bitcoin a scam in the todays market  will not going to work, maybe it's worked on in 2014 or 2015 because Bitcoin and cryptocurrency wasn't renowned at that time I am also thought at that time Bitcoin is only for hacker and my name is a bad think, because at that time if anyone do mining with GPU then his warranty will be invalid that's why I thought that Bitcoin was not a good thing and I just about it's mining.
Now if we come back to Karan scenario those people who think Bitcoin is a scam those don't have any knowledge about internet or they didn't connect with internet because is they connect with internet then just a few search he will know bitcoin market and who is holding this. I will tell you to give the true identity of Bitcoin to those around you who carry such negative ideas about Bitcoin.

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May 12, 2024, 08:06:56 PM
 #54

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.
In my country only few people know about bitcoin, because even my parents and neighbor here didn't know about it, they heard it sometimes in a news but they are not interested because they didn't know how it works and how to make profit on it. They didn't understand what bitcoin is but they are already using digital apps, cash transfer from one apps to another or bank transfer from your mobile phone digital wallet apps, cash in and out, paying bills, etc., i think few years from now they will know what bitcoin is, because they already know or use digital apps the world is now slowly adapting digital payment method maybe because it is less hustle and very easy to used.

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May 12, 2024, 08:10:19 PM
 #55

If you have heard of a poor place, an ethnic minority area, or a land of monks,... they don't know or don't bother to see what social life is going on. It's a matter of social conditioning, or perhaps control, that makes accessing something seem unfavorable.

Even in my family the grandmother is now almost 80 years old but they don't want to use the internet and don't care about some devices like smartphones, there is no pressure on anyone to know about bitcoin.

In my opinion, the younger generation should be the one who is most knowledgeable about bitcoin. Old people (bless them) do not really need to be using all this as it’s not exactly necessary to live at least for now. They can survive without using bitcoin however the new generation would definitely be welcomed in to a world where digital currencies are the new normal hence why they have the most to learn about bitcoin.
Definitely!
Old people do not understand what the internet is, and they are not fond of social media, Android phones, etc. nor do they just spend their life talking to each other. Bitcoin cryptocurrency is a distant thing for old people to understand that the internet is a puzzle. And i think it's not necessary for people to understand it, although it is a necessary thing to develop. But there is no obligation on these people, yes, if there is a new generation buddy, then this is a necessary aspect for him. If he does not know Bitcion, then maybe he is missing out on a very rare and unique technology. 
 
So I think that people who don't know about Bitcoin even in 2024 are probably uneducated or they don't like to adopt it.


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May 12, 2024, 08:46:18 PM
 #56

I am living in a crypto friendly country as well but majority in here don't have any idea about Bitcoin. Only few of us from the total population knows about it and currently using it as payment or even an investment. Bitcoin here in my country still needs time to come up with massive adoption but even though adoption is quite slow atleast number of people in the Bitcoin community is going up every single day.
Everyday comes with surprising opportunities and we ought not missed out on them. We live in a world of modern day technology and we utilized them to become useful for us. The world knows about cryptocurrency and they also know about Bitcoin since its the top ranked project in the space. Every developed country understands crypto and top companies have bought huge pieces or bitcoin and waiting patiently for the bull season to be triggered.

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May 12, 2024, 09:13:29 PM
 #57

The world is wide and even out there there may be an area where it is still not touched by the Internet so it isnt surprising that until now there are still many people who do not know because in addition to the internet that is still not evenly distributed in some areas of the world sometimes there is a restriction in the news about bitcoin or the like by some people who have an interest so that even though there is already an Internet, the news may focus on the negative so that ordinary people do not want to be in it, therefore the issue of bitcoin which is always an environmental problem or always associated with criminality continues to be a never-ending discussion even though there are so many rebuttals that should be able to reduce the negative Therefore the issue of bitcoin which is always an environmental problem or always associated with criminality continues to be a discussion that never ends even though there are so many rebuttals that should be able to make the issue stop .
But indeed as long as developments continue to advance i still feel confident that bitcoin will continue to be one of the assets that will continue to be recognized and its development will get bigger in the end .

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May 12, 2024, 09:23:17 PM
 #58

A month ago, a news channel made news about Bitcoin in my country. I still see a lot of people who think Bitcoin is a scam. I feel bad for them; they still don't understand Bitcoin's growth from zero to here. Those who are calling Bitcoin scam; they know Bitcoin, but they don't know how it actually works. And I saw a lot comment there they don't know what is Bitcoin, they heard first time about Bitcoin. I don't know any exact data, but in my opinion, less than 5% of people know about Bitcoin. That means a major part of the population is unaware of Bitcoin. 

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May 12, 2024, 11:08:57 PM
 #59

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.
Sir warren-Braffet , Donald trump, There have been many more superstars who know bitcoin but don't want to believe it so I'll assume they don't know about bitcoin.
Yes but it is true that most of the people in the world have not got proper knowledge about Bitcoin or are not trying to. Less than 2% of people around the world are aware of this virtual currency. People living inside the Amazon rainforest will never know about Bitcoin. Only the civilized nations of the world can gain knowledge about this virtual currency.

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May 12, 2024, 11:19:26 PM
 #60

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.
Do you really expect everyone to know what’s bitcoin, like when talking of the world, the world is far beyond the countries you mentioned and from my view countries like Canada, USA, China are more better when it comes to  modern technology. You don’t expect much from any country like op mentioned the world that consist of billions of people, even within such large number range not all can afford a better life talk less of bitcoin awareness. Aside poverty, most people don’t associate with the internet for research and work etc, they just live a simple life nothing else. Some category of people think everything concerning the internet associated with money can serve as a scam scheme, everyone with their different opinion and decision why they don’t want bitcoin. No one should bother anyone about bitcoin from my opinion as bitcoin will grow with or without anyone opinion

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