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Author Topic: Do you know that bitcoin has spread all over the world.  (Read 519 times)
Smack That Ace
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June 23, 2024, 03:24:19 AM
 #21

()... that bitcoin has spread all over the world.
In an age of rapidly developing technology, everyone has a smartphone connected to the internet, so it's no surprise that they know about bitcoin. The important issue is do they know what bitcoin is? Do they know that bitcoin is a means of payment, an asset that can be used as a hedge against inflation, or do they just know that bitcoin is a get-rich-quick tool...? Similarly, in my area, even older people know about bitcoin, but in their eyes, it is just a get-rich-quick tool or related to ponzi projects. I think the fact that people know about bitcoin is not enough to say that it has become popular and mass recognized. Everyone must have a proper understanding of it, then we can be proud that bitcoin has spread and become popular.

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June 23, 2024, 03:58:44 AM
 #22

knowledge about bitcoin is not something new now, there are many sources of information that people can use to learn about what bitcoin is and how it can benefit them.  but even so, bitcoin adoption is still a few percent of the total global population, it is not a large number, this is due to unclear bitcoin regulations in several countries and the problem of people's trust in bitcoin as an investment asset.  however, as information about bitcoin spreads globally it will also increase the number of bitcoin adoptions, and maybe we will be able to see how bitcoin can become popular like other instruments.

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June 23, 2024, 03:59:09 AM
 #23

Yes, Bitcoin has gone round the whole world through the help of citizens and government that made it legalized to their citizens to have access to Bitcoin, because without government approved it to their countries, it wil not be easy for citizens to know Bitcoin easily in the various countries. You are newbie that is why it was a surprised to you seen rural areas people discussing about Bitcoin, because Bitcoin has spread across many Nations of the world that is making many government to adopt Bitcoin for their citizens. El Salvador was the first country that made Bitcoin legal tender, because the government see the potential of Bitcoin that made the government to spread the information across the country to accept Bitcoin as payment in any kind of items.

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June 23, 2024, 04:37:05 AM
 #24

As a beginner in this potential forum, I never knew that bitcoin has spread round the whole world, I thought is only this forum and few countries that know bitcoin
Well how did you find out about bitcoin and this forum? The members of this forum alone can tell you just how much bitcoin has spread all over the world. We have multiple boards in here of different languages which should have told you how globally popular is bitcoin. 
Quote
I was so surprised seen two of my customers discussing about bitcoin in the local market
Even though we know just how popular bitcoin is, it could come as a shock if we hear people around us talking about bitcoin. Since many people are still unaware of crypto especially in third world countries, it is understandable that there is still doubt of just how many people know about bitcoin

But we should do better in spreading the awareness about crypto









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June 23, 2024, 08:15:05 AM
 #25

As a beginner in this potential forum, I never knew that bitcoin has spread round the whole world, I thought is only this forum and few countries that know bitcoin
Well how did you find out about bitcoin and this forum? The members of this forum alone can tell you just how much bitcoin has spread all over the world. We have multiple boards in here of different languages which should have told you how globally popular is bitcoin. 
Quote
I was so surprised seen two of my customers discussing about bitcoin in the local market
Even though we know just how popular bitcoin is, it could come as a shock if we hear people around us talking about bitcoin. Since many people are still unaware of crypto especially in third world countries, it is understandable that there is still doubt of just how many people know about bitcoin

But we should do better in spreading the awareness about crypto

I also come from a 3rd world country and what I feel is that bitcoin is growing in those countries more than in developed countries. Because as you know, life there is extremely difficult due to inflation, and government corruption...people are always looking for solutions to escape those bad things so they will easily approach and accept bitcoins.
But there are still people's misunderstandings about bitcoin. Because people's lives are poor and ignorant, many people may fall into fraudulent projects labeled bitcoin, thereby having misconceptions about bitcoin.

You can also see that the most active boards on the forum come from third world countries rather than developed countries.

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June 23, 2024, 08:42:56 AM
 #26

As a beginner in this potential forum, I never knew that bitcoin has spread round the whole world, I thought is only this forum and few countries that know bitcoin, but what I saw in the village when I traveled for local business to buy with cash because this is the season of the crops, I was so surprised seen two of my customers discussing about bitcoin in the local market, that if they can see someone that will buy crops from them and pay them with bitcoin they will be very happy, but I smile over the issues and told them that very soon government will do it to make bitcoin legal tender in the country, becauss I know bitcoin is not legal tender in my country, and I don't know if those guys are agent of government agencies to know if am a bitcoiners which is the reason I didn't let them know am a bitcoin lover, but I was very happy in my mind that my village people know bitcoin because I know for village people to know bitcoin, it show that it has gone round the whole world, that is what make me to create this topic, that bitcoin has spread all over the world.

Why get surprised about that information? There are lots of media outlets are now tackling the idea or the existence of bitcoin so no wonder that Bitcoin fame spread all over the world. But the question remain on that is does the people who know about it have good knowledge about bitcoin or they just think about that this is another form of scam. Since we can't deny the fact that bitcoin education in the world lacks of exposure that's why there are lot of people still doubting to join and use bitcoin depend on their needs.

If government will just take a good action towards the adoption then maybe Bitcoin will be have a good use for people and they would not afraid to buy it since their confidence on this coin is so high. But we didn't reach unto that level yet and for me its still fine that they know the existence of bitcoin since maybe in future they will ride or participate on acquiring this then grab a chance to earn some for investing on this coin.

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June 23, 2024, 09:25:34 AM
 #27

I also come from a 3rd world country and what I feel is that bitcoin is growing in those countries more than in developed countries. Because as you know, life there is extremely difficult due to inflation, and government corruption...people are always looking for solutions to escape those bad things so they will easily approach and accept bitcoins.
But there are still people's misunderstandings about bitcoin. Because people's lives are poor and ignorant, many people may fall into fraudulent projects labeled bitcoin, thereby having misconceptions about bitcoin.

You can also see that the most active boards on the forum come from third world countries rather than developed countries.
Even inflation and corruption are big problem for third world countries, how can they own Bitcoin if they're poor in the first place? Bitcoin doesn't solve their issues because they didn't earn much money and they will loss when they send their coins.

The reason why many users from third world countries are more active than developed countries because signature campaign, if the forum completely ban signature, I believe only users from developed countries can maintain their consistency.



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June 23, 2024, 10:03:59 AM
 #28

I never knew that bitcoin has spread round the whole world, I thought is only this forum and few countries that know bitcoin

The forum alone constitute a representative of all countries or virtually all the continents of the world, you discover diverse people coming onboard and discussing about bitcoin from all over the world, which is one of the successful achievement of Satoshi Nakamoto intentions for establishing this platform, no gender or ethnicity race barrier to join this forum, its meant for everyone to join, learn and benefit from bitcoin adoption.

Just by looking at this forum we can see how Bitcoin has spread to many countries and people. People on the forum come here every day, read, write and learn something. This forum contributes to the further spread of Bitcoin.

The spread of the internet and the use of social media contribute positively to the spread of Bitcoin. Everyone who talks about Bitcoin causes Bitcoin to spread further. Reaching more people every day, Bitcoin will increase its users and investors day by day.

Nowadays, most people invest and want to make a profit. Since Bitcoin is one of the most preferred investment instruments, it is becoming more widespread and heard by people.

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June 23, 2024, 11:02:31 AM
 #29

If you think back to 2009, you can understand how popular Bitcoin was then and how popular Bitcoin is today. As the world becomes more modern, people will become interested in digital currency and eventually people will start using digital currency instead of fiat currency. In the beginning, different countries of the world strongly opposed Bitcoin, but currently, different countries of the world are accepting Bitcoin as a payment system in addition to legalizing it.

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June 23, 2024, 11:26:15 AM
 #30

As a beginner in this potential forum, I never knew that bitcoin has spread round the whole world, I thought is only this forum and few countries that know bitcoin, but what I saw in the village when I traveled for local business to buy with cash because this is the season of the crops, I was so surprised seen two of my customers discussing about bitcoin in the local market, that if they can see someone that will buy crops from them and pay them with bitcoin they will be very happy.

This should be a business opportunity that you should have up on because if there are two customers already, there could be more and if you give a discount for the crops you sell using Bitcoin you will get more customer as the news will spread wide and more people will want to buy from you. Bitcoin has spread aeouy the world but hearing about Bitcoin in your village should not be the reason why you think that Bitcoin has spread round the world. Your village is very small to compare things that happens in your village to the things happening in the world but it fine that you are happy about what you heard in your village. Do not forget to next time join the conversation as it will encourage them  since the will see another person that is interested in Bitcoin and not only them.

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June 23, 2024, 11:57:46 AM
 #31

If you think back to 2009, you can understand how popular Bitcoin was then and how popular Bitcoin is today. As the world becomes more modern, people will become interested in digital currency and eventually people will start using digital currency instead of fiat currency. In the beginning, different countries of the world strongly opposed Bitcoin, but currently, different countries of the world are accepting Bitcoin as a payment system in addition to legalizing it.
Countries that used to hate Bitcoin and now like Bitcoin are of course due to quite clear evidence in Bitcoin itself through its continued development after 2009. Now the whole world has heard and knows about Bitcoin even though there are also people in certain remote areas who have not heard of Bitcoin, but in general Bitcoin has now been accepted by many parties and also many countries and other well-known companies. And this has certainly made Bitcoin a digital coin that is paid special attention to by many people in this world.

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June 23, 2024, 12:21:42 PM
 #32

Opportunities fly just as rumors do fly. Haven’t heard of Bitcoin is one thing while, truly knowing it is another thing. Now Bitcoin has been around for more than a decade now but, we still have majority of people having to watch from the sidelines, not daring to invest not because they’ve not heard of it or haven’t seen or heard stories of people that have benefited from the innovation but, they don’t truly know Bitcoin and so there level of skepticism is so high, high enough to make them abstain from the currency. For these persons, FUDs been spread around by the government, it’s agencies and Anti-Bitcoins means so much to them and goes a long way to shape their approach.

I wouldn’t be surprised if I find anyone to have heard of Bitcoin but I would be surprised to note that they truly know what they are talking about when am in those areas. These are those that truly don’t hope to exists within the box which there environment have made for them. It’s a huge step towards breaking out from the norms of social stratification.

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June 23, 2024, 12:34:04 PM
 #33

I also come from a 3rd world country and what I feel is that bitcoin is growing in those countries more than in developed countries. Because as you know, life there is extremely difficult due to inflation, and government corruption...people are always looking for solutions to escape those bad things so they will easily approach and accept bitcoins.
But there are still people's misunderstandings about bitcoin. Because people's lives are poor and ignorant, many people may fall into fraudulent projects labeled bitcoin, thereby having misconceptions about bitcoin.

You can also see that the most active boards on the forum come from third world countries rather than developed countries.

I agree, I have the same observations. I am from Ukraine and I can definitely say that bitcoin here is more needed than in some developed countries. For many people, me included, it is the only way to earn something for a living, because right now the situation is more than terrible and difficult, there is a war going on which provokes economical abyss. And thanks to bitcoin some of us have a chance not to work full time for $300 per month (in some peripheral areas even less), but earn more to have somewhat decent life.

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June 23, 2024, 12:51:14 PM
 #34

Where I live, Bitcoin is still quite unfamiliar to hear about, maybe there are only a few people who can be counted on the fingers of someone who knows about Bitcoin and even then they are not fully invested. Social media is a source of information that is easily accessible and in other villages it is also possible to know about bitcoin. Plus, in my country Bitcoin is very welcomed by the government, even our newly elected Vice President is still young so he is very open to the potential of Bitcoin in the future. Therefore, regulations were created to provide people with a bridge to invest in Bitcoin. There are almost more than 10 local exchanges which are now supervised by the government to provide safe transaction services even for ordinary people. As for Bitcoin becoming a legal transaction tool, up to now this has not happened, perhaps in the next 2 to 3 years our country will legalize it.

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June 23, 2024, 03:08:11 PM
 #35

And thanks to bitcoin some of us have a chance not to work full time for $300 per month (in some peripheral areas even less), but earn more to have somewhat decent life.
Thanks to exch, blackjackfun, and your manager, without them, you will not earn as much as now. Bitcoin is just a currency, if there's a signature campaign and pay in stable coin or fiat, it doesn't make you lost the chance to earn $300.

Where I live, Bitcoin is still quite unfamiliar to hear about, maybe there are only a few people who can be counted on the fingers of someone who knows about Bitcoin and even then they are not fully invested. Social media is a source of information that is easily accessible and in other villages it is also possible to know about bitcoin. Plus, in my country Bitcoin is very welcomed by the government, even our newly elected Vice President is still young so he is very open to the potential of Bitcoin in the future. Therefore, regulations were created to provide people with a bridge to invest in Bitcoin. There are almost more than 10 local exchanges which are now supervised by the government to provide safe transaction services even for ordinary people. As for Bitcoin becoming a legal transaction tool, up to now this has not happened, perhaps in the next 2 to 3 years our country will legalize it.
I think you're telling the real truth, even your government and vice president welcome Bitcoin usage, but it's still not enough to encourage the citizen to invest in Bitcoin. Many people still not familiar with Bitcoin and think Bitcoin is scam.

We need to wait at least next 20-30 years because most Bitcoin holders are young people, the naysayers are old people. If the young people turn older, they're investing in Bitcoin and they will teach their kids to invest in Bitcoin too.

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June 23, 2024, 04:09:21 PM
 #36

As a beginner in this potential forum, I never knew that bitcoin has spread round the whole world, I thought is only this forum and few countries that know bitcoin, but what I saw in the village when I traveled for local business to buy with cash because this is the season of the crops, I was so surprised seen two of my customers discussing about bitcoin in the local market, that if they can see someone that will buy crops from them and pay them with bitcoin they will be very happy, but I smile over the issues and told them that very soon government will do it to make bitcoin legal tender in the country, becauss I know bitcoin is not legal tender in my country, and I don't know if those guys are agent of government agencies to know if am a bitcoiners which is the reason I didn't let them know am a bitcoin lover, but I was very happy in my mind that my village people know bitcoin because I know for village people to know bitcoin, it show that it has gone round the whole world, that is what make me to create this topic, that bitcoin has spread all over the world.

Truly Bitcoin has grown so popular but I don't know if all the countries in the world have actually learned about it and however even if they do, not all the people that would actually accept it at the moment because they may not really understand how it works unless they have someone that would put them through and also I believe there are still countries that doesn't allow cryptocurrency in there country, so perhaps in as much as Bitcoin is very popular but there are still factors hindering the acceptance from everybody. However in some countries buying and paying through Bitcoin is very comon, so it could be that out of the love those people have on Bitcoin they are just trying to imagine or picture out how good it will be if transactions will involve the use of Bitcoin because I have actually seen people also talking about it and is actually fun because the love I have for Bitcoin whenever I go out and see people talking about it I derive so much joy fromfrom it.

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June 23, 2024, 05:12:41 PM
 #37

It did spread a lot, and there are many places over the world. That doesn't mean that Bitcoin is widespread, though. It's more like sporadic global phenomenon. In my country, Bitcoin is pretty popular and occasionally you can see places where you can pay with it. But still, it's not like you can use it everywhere. Also, keep in mind that less than 5% of the world population use Bitcoin, and I think the share of those who actually use Bitcoin as money (not as an investment) is much smaller.

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June 23, 2024, 05:19:48 PM
 #38

BTC is only banned in around 51 countries out of 195 so it is legal in 144 countries. Which indicates it is spread all over the world. As in these 51 if it's not legal it's not mean, people there don't know about it. They are involved in crypto but due to no law, they are doing it with precautions. Overall BTC word must have gone into the ears of every second person in a every second country. Its a good thing for all of BTC lovers.

And from the story of yours, I can say your country is one of these 51 that did not allowed crypto as if it would have then you won't have to care about if these 2 dudes will turn you in just because you own, or love BTC. Pre-caution is necessary and important but if they are farmers and living in your country then you don't have to manifest that much like a film scene that they might be an agent of government that there neighbours or relatives won't even know that he is one. Be realistic.

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June 23, 2024, 05:27:21 PM
 #39

Are you saying Bitcoin has spread all over the world just because you saw two villagers talking with each other about Bitcoin? That is a precipitate guess, no?

Bitcoin adoption is still pretty low in the world compared to number of people living on it. Bitcoin must be indeed everywhere, in every countries, but I fear the number of individuals adopting Bitcoin on each area of the world is scarce. We see the price of BTC skyrocketing to new a new ATH, but it's not exactly due to adoption increasing, but due to the whales acquiring even larger amounts of Bitcoin each new day.

Bitcoin is still heavily concentrated on the hands of big players, while most people in the world doesn't even care about acquiring it at all. That is sad, but real.

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June 23, 2024, 05:35:11 PM
 #40

 It's one thing to be spread and another to be adopted. True, Bitcoin had gained popularity and hit the nooks and crannies of the world but adoption rate is not so widespread. You should know that people have the right to choice and while bitcoin has presented an opportunity for individuals to carry out their transactions without the supervision of banks or government authorities and the rest, you find that there are still those who choose the traditional way of banking and will be ready to defend their choices any day over Bitcoin.
 While we know it's not everyone that's supposed to like or choose Bitcoin, it's a better option to fiat if you are a business man/woman or just an average user as it ensures faster and cheaper money transfers and it's decentralized nature doesn't collapse at a single point of failure, but people will still prefer to stick with the poison they know.

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