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Author Topic: I think Bitcoin has a bigger problem than explaining how it works  (Read 341 times)
Aanuoluwatofunmi
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November 03, 2026, 12:46:36 PM
 #21

What gave you your reason to care about Bitcoin beyond the price?

The freedom
Decentralization
Valuable assets
Secured network
Good store of value
Anti-Inflation proof
Transparency
Immutability

Let me just stop here, all these are many more are the reason why I will rather prefer to choose bitcoin than continue to operate under a centralized network controlled by the government, anyone that truly wants freedom will have it financially with Bitcoin, this is why it is not mandatory to adopt it except you see a need to embrace decentralization for freedom.

 
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November 03, 2026, 01:34:08 PM
 #22


I don't think "number go up" is enough. I've watched people abandon things they believed in when the financial incentive disappeared.

What gave you your reason to care about Bitcoin beyond the price?
For bitcoin I don’t think it’s the price really matters, just because 1BTC is simply 1BTC and nothing changes, sure the 21m total supply is a factor that make bitcoin worth more. The fact that we know it has limitations and more cannot just be created will eventually make it scarce in the future. This is enough reason to care about bitcoin.

Also, the other features you listed above like the decentralized nature, self custody, and the freedom you get when you make transactions across countries without the involvement of any government authority is the another reason I care about bitcoin and not just its price value.

The price does matter because bitcoin is most times valued against a different currency, mostly the dollar so 1btc is still 1btc but the price today compared to when the very first bitcoin was mined isn't the same anf 20 years from today the price will also be different from what it is today so you can't just say the price doesn't matter.
But beyond the price bitcoin has been able to make international trade easier between different countries with different local currencies, with bitcoin no-one is more advantaged then the other since both parties dont hsve any form of claim on bitcoin.

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November 03, 2026, 01:58:23 PM
Merited by d5000 (1)
 #23

What gave you your reason to care about Bitcoin beyond the price?

The freedom
Decentralization
Valuable assets
Secured network
Good store of value
Anti-Inflation proof
Transparency
Immutability

Let me just stop here, all these are many more are the reason why I will rather prefer to choose bitcoin than continue to operate under a centralized network controlled by the government, anyone that truly wants freedom will have it financially with Bitcoin, this is why it is not mandatory to adopt it except you see a need to embrace decentralization for freedom.
I never did care about Bitcoin even when I had a friend who was years ahead in its knowledge and investment process that he made money from it. My own conviction came as at a time when salary became too little because of rising inflation, savings diminished in the bank and anyone with your account or bank verification details could easily see your balance and rate you instantly.

It's at this point I understood the essence of decentralization, good store of value, freedom from financial gatekeepers who own my money and can decide when to give me access to it or not, and that was when I delve in to survive both for my self respect and peace of mind and for my future.

Escaping a system controlled by the government made it more interesting to me and I can be in my sitting room any day and anytime and earn in Bitcoin or trade for Bitcoin and no one keeps a lid on my financial life nor rates me based on my account balance.
That's when I realized how much worth Bitcoin has till date.


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November 03, 2026, 02:04:29 PM
 #24

What gave you your reason to care about Bitcoin beyond the price?

Certainly, price is indeed an important factor. There's nothing else that makes one very interested in Bitcoin. Technology and supply are other factors that are considered supportive. Essentially, they support scarcity in circulation and cause price increases when demand is high. The decentralized system also allows me to be free but limited, because access to Bitcoin for daily needs is still very limited. Furthermore, trust in Bitcoin is also very strong, which supports how it continues to grow and become more valuable.

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November 03, 2026, 02:10:55 PM
 #25

Certainly, price is indeed an important factor. There's nothing else that makes one very interested in Bitcoin. Technology and supply are other factors that are considered supportive. Essentially, they support scarcity in circulation and cause price increases when demand is high. The decentralized system also allows me to be free but limited, because access to Bitcoin for daily needs is still very limited. Furthermore, trust in Bitcoin is also very strong, which supports how it continues to grow and become more valuable.
Price is not value and value is what decides Bitcoin price in long term. Years ago, people were interested in Bitcoin because they felt something technically interesting and valuable in Bitcoin protocol and the blockchain. Then value attracted more people, and it created value over time, then price and trading volume come too.

It's still true in 2026 and in the future, if value losses, price and trading volume will be affected negatively and gradually drop to zero. If price is most important, you will see Bitcoin less attractive with time, years and market cycles because surely its ROI in the future will be smaller than in past years and previous market cycles.

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November 05, 2026, 06:25:23 PM
 #26

Hedge against fiat currencies is my reason for wanting to know why I care about Bitcoin. For now, the price is my reason for wanting to keep Bitcoin, fueling my desire to keep trying to find a way to keep Bitcoin in my wallet. If the current price is considered low, that's not a problem, and in fact, it's an advantage in itself.
Ones who want it already have it. Those who don't have it yet are simply not able to afford it. Masses have already adopted bitcoins and popularity is increasing quite fast. That makes bitcoins one of the most wanted asset on our portfolio. The ones who are also involved in other investments already have a pretty good knowledge about bitcoins so they already might have a portion but the ones who never made any single investment in their life might find it difficult to adopt bitcoins.

Low price is just a way for us to get more bitcoins at a discounted price but not everyone has this mentality. There are a few who invest a certain amount and are just expecting profits with no more budget to invest. A downfall might be scary to those.

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November 05, 2026, 06:49:00 PM
 #27

Try showing them the profit potential. That is what we as a human understand the most. Bitcoins have helped us achieve financial freedom by giving high returns in the past. That is just one added benefit of being with bitcoins. If they can understand that they can make good profits in bitcoins, they will surely would like to give it a try. Maybe you can start explaining them about various investment assets where they can minimise risk while still being able to see profits. DCA can be a easy start for them.

Most of the times, if you go into technical, the other person listening would become less interested because a few terms would just sound like a jargon to him.

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November 05, 2026, 07:44:42 PM
 #28

All important. None of them necessarily means anything to somebody who goes to work, comes home, pays bills, and has no interest in spending their evenings studying monetary policy. I like doing that, but im probably weird

But the larger question is this: what actually makes someone care about sound money?

What gave you your reason to care about Bitcoin beyond the price?
As human beings, we don’t move without benefit, although we don't always consider financial benefit, but there must be some other benefits. Like you are sitting with your fiends, because you feel comfortable and happy, that’s your benefit there and that’s why you are interested to sit with them. Unless there are financial benefits, then no one will move on to Bitcoin.

Besides price going up, another financial benefit is we can receive and send money worldwide without any third-party involvement. That’s also a big interest in Bitcoin. I have been earning online through Bitcoin payments; that’s another reason to become interested in Bitcoin besides the price going up.
Being able to earn online and get the payouts in bitcoins is one of the most important part for me which made me stick close for years. I don't have to worry about any unnecessary expenses once I get the payout.

I started my journey with freelancing and got a few payments in bitcoins. At that point, I started digging further and found out the benefits of being with bitcoins. Ever since, I have been a lot active here. But I can agree that I am only here because I saw some benefits for myself. Without having any benefit, no one will actually be interested. Bitcoins does have financial benefits which makes a lot of us earn a passive income if we know how to invest wisely.

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November 05, 2026, 07:55:07 PM
 #29

I never did care about Bitcoin even when I had a friend who was years ahead in its knowledge and investment process that he made money from it. My own conviction came as at a time when salary became too little because of rising inflation, savings diminished in the bank and anyone with your account or bank verification details could easily see your balance and rate you instantly.

It's at this point I understood the essence of decentralization, good store of value, freedom from financial gatekeepers who own my money and can decide when to give me access to it or not, and that was when I delve in to survive both for my self respect and peace of mind and for my future.

Escaping a system controlled by the government made it more interesting to me and I can be in my sitting room any day and anytime and earn in Bitcoin or trade for Bitcoin and no one keeps a lid on my financial life nor rates me based on my account balance.
That's when I realized how much worth Bitcoin has till date.
My Bitcoin journey started when I discovered that it was not a scam. There was a time in my country when scammers were using the crypto industry to scam people.  Several shitcoins were advertised as Bitcoin or an alternative to Bitcoin. Many people began to invest in crypto projects that had no future. After some time, people began to lose money every day. Due to this experience, I avoided anything related to crypto. 

Before I could learn that Bitcoin was different, the price had already gone high. I was not financially strong enough to invest in it. But someone also exposed me to DCA, and since then, Bitcoin has contributed good profits to my investment coffers.

I would assume that most of the people in my location who engage in Bitcoin did so for financial gains.

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November 05, 2026, 08:08:04 PM
 #30

If truly you understand bitcoin very well, I think you suppose know the reason poor and wealthy people are going into bitcoin investment because is not control by the government which is the power that is attracting people to know bitcoin and invest funds in bitcoin for future purpose, after acquired the knowledge of bitcoin, do everything possible within your power to purchase bitcoin and hold in your wallet because it will open your eyes to opportunity that will make you to withdraw half of your savings to invest in bitcoin to enjoy the benefit of bitcoin.

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November 05, 2026, 08:11:48 PM
 #31

I guess the problem isn't bitcoin here, but the people who are living their life more or less like a sheep, just follow the commands and someone is there to tell them what to do and what they can't and they are always make a decision under the influence of someone who is either a celebrity or someone had huge number of followers.

I wish them to realize that bitcoin is different from that, once the realization happen then everything will follow.

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November 05, 2026, 09:03:42 PM
 #32

Try showing them the profit potential. That is what we as a human understand the most. Bitcoins have helped us achieve financial freedom by giving high returns in the past. That is just one added benefit of being with bitcoins. If they can understand that they can make good profits in bitcoins, they will surely would like to give it a try. Maybe you can start explaining them about various investment assets where they can minimise risk while still being able to see profits. DCA can be a easy start for them.

Most of the times, if you go into technical, the other person listening would become less interested because a few terms would just sound like a jargon to him.

I'm not in support of this. Human nature get too excited when they mention money, don't put potential profits when it's uncertain so they don't take you by your words. I have seen and read stories of a person introducing another person to Bitcoin and unfortunately, they got caught up in between dump and the person couldn't handle the dump and sold. After some weeks, the price returned and he was angry that this wasn't how they explained it to him.

People can have different interpretation of profit. It will be best you stick to what you want to give to the people, the profit is a bonus aspect of Bitcoin and should never be precede other things on your list. If the person is convinced enough and invest well and get good profits, even if they make the profit, they are not going to be persuasive to sell because they made good money. There should be other reasons to buy Bitcoin to entice people.

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November 05, 2026, 09:11:41 PM
 #33

Aside bitcoin price, bitcoin has other benefit namely financially freedom. Financial freedom is one the basic reason why bitcoin was created secondly, the decentralized nature of bitcoin, bitcoin supports privacy with no third party interference.
Bitcoin value is one of primary reason why I choose bitcoin, finding a valuable asset to store money can be really difficult for example, other crypto still find it hard to give a profitable return and aside crypto, finding a trustworthy asset in a digital era is rare, so it turns out bitcoin price value is attached to one of the reason many want to hold bitcoin. Why do people still stress themselves trying to force people to love bitcoin? If anyone is not interested in bitcoin after setting basic examples then it’s not a must.

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November 05, 2026, 09:23:06 PM
 #34

There is no need to go around to ask people what made them care about bitcoin where in you have the idea already what made us in. And it's all about the potential profit that we can get from it. Circa, a decade ago you'd hear people say that we're in for this great piece of technology which is called blockchain. That's true but it has changed over the period of time and that potential profitability that we can get is clearer these days. When the bull runs have come, we started to see the clearer picture of it why everyone is staying.

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November 05, 2026, 09:40:36 PM
 #35

But the larger question is this: what actually makes someone care about sound money?

I don't think "number go up" is enough. I've watched people abandon things they believed in when the financial incentive disappeared.

What gave you your reason to care about Bitcoin beyond the price?

Decentralization is the reason for it. Being able to always have no third party involved in my ownership of funds and being traced by government is what I really cherish a lot. Bitcoin has been attracted more by people because of the incentives involved and this should also move people away from it if it stops providing the incentives people are benefiting from. Bitcoin has attracted people beyond just decentralized system, but has gone more to the extent of being a profitable investment.











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November 05, 2026, 09:48:18 PM
 #36

But, why does this matter if they don't give a damn about all of these things we're talking about?

I'm guessing most people are more concerned with having their life together without the added complexities that don't serve them.

For me, it wasn't the code or the fancy whitepaper stuff. It was realizing how easily third parties can pull the rug or put a tollbooth on your own money. Once you see that, you can't unsee it. FWIW, abstract economic theory is a tough sell for normal folks, but full control over what you earned? That sells itself.

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November 05, 2026, 09:50:57 PM
 #37

What gave you your reason to care about Bitcoin beyond the price?
People that have not seen the real value of bitcoin will always find reason to leave bitcoin, but those people who have discovered its true potentials and have developed deep faith in it will always find means to keep their bitcoin.

The price of bitcoin is just temporary, its just fleeting time to time. But the decentralized nature of bitcoin is permanent, and its the best thing about bitcoin that any centralized fiat cannot afford it to let us experienced. At least with bitcoin, we can be our own bank, something that fiat isn't capable of.

 
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November 05, 2026, 09:58:01 PM
 #38

I've been involved in Bitcoin for years, and one thing I keep coming back to is the difference between explaining Bitcoin and giving someone a reason to actually care.
Bitcoin is really a complex topic, but when someone is good in explaining it, anyone new to bitcoin will easily understand the context. But understanding alone isn't enough, what creates big difference is what you do after understanding the very nature of bitcoin. And this is one thing that a lot of people fail, because when bitcoin price crash, everyone who is very positive with its future price suddenly vanish and sell their bitcoin even if its at loss. Which only means they don't really care and value what bitcoin is capable to offer them for long term.

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November 05, 2026, 10:01:25 PM
 #39

I've been involved in Bitcoin for years, and one thing I keep coming back to is the difference between explaining Bitcoin and giving someone a reason to actually care.

21 million hard stop. Proof of work. Decentralization. Self-custody.

All important. None of them necessarily means anything to somebody who goes to work, comes home, pays bills, and has no interest in spending their evenings studying monetary policy. I like doing that, but im probably weird
See, everything you use today, you probably started using it because either you needed it and you search for a solution and found what you currently use or someone was using a product near you and around and curiosity peaked and now you use the same product. Thats basically just how life is and i believe that people not interested in Bitcoin now, either with time they will source for it themselves without you having to do any onboarding or they will just keep seeing it around them especially as Bitcoin continues to get popular and curiosity will peak one day and they will adopt it.

Now im not saying carrying out adoption right now is bad or anything but with time, i just know everyone will adjust. I say it because i remember when i first heard about it, my curiosity did not peak at all but years down the line, here i am talking about Bitcoin, so with time i think everyone will eventually adjust.

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November 05, 2026, 10:17:09 PM
 #40

I've been involved in Bitcoin for years, and one thing I keep coming back to is the difference between explaining Bitcoin and giving someone a reason to actually care.
Bitcoin is really a complex topic, but when someone is good in explaining it, anyone new to bitcoin will easily understand the context.
actually bitcoin is complex but the thing is that, anyone who is willing to learn and understand bitcoin have to show more concern by making a research...if some who knows about bitcoin explain what bitcoin is all about to a newbie..it will be difficult for the newbie to understand if it fails to make a personal research of bitcoin...The most important thing for learning is when you have the interest to learn without anyone forcing you to learn...

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because when bitcoin price crash, everyone who is very positive with its future price suddenly vanish and sell their bitcoin even if its at loss. Which only means they don't really care and value what bitcoin is capable to offer them for long term.
if someone is not brainstormed of bitcoin and it's regulation or fluctuation, the person may likely call bitcoin a ponzi scheme, due to lack of comprehending the methods of bitcoin...People who thinks negatively whenever the price of Bitcoin falls, are the people who fails to study or learn about bitcoin, almost 80% of people who panicked when the price decreases are new in bitcoin investment...

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