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Topic: A hilarious video that shows so many persons ignorance about bitcoin (Read 427 times)

sr. member
Activity: 812
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The real crypto OGs or Bitcoin OGs talk about Bitcoin for free but the majority of videos online today are doing it for money, so no I don't take crypto videos very seriously, everyone has something they want and 99% of this desire is money so people will do anything to get to their destination.

Education is all you need to understand Bitcoin and crypto, learn yourself and you will understand everything, and I will also like to correct OP that many older people don't know about Bitcoin, in my family, no older person understands what Bitcoin is, they don't know such thing exists.

Ask them about Bitcoin or tell them about money that's digital they will argue with you that it's impossible.
copper member
Activity: 2968
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-snip-there's no one in this century who hasn't heard about Bitcoin and who doesn't know the future it holds for us and I was of the opinion that that can't be true.-snip-

It's not true. Not everyone has heard about bitcoin. I bet there are "older" generations that don't even know bitcoin exists or something like that.

It’s the paradox of value at play. You can’t expect these Nigerians to choose bitcoin too since they most likely don’t know about bitcoin in the first place, or the value that it possesses. It could also be that they are in dire need of money and would rather choose the quick cash over compounding value since they need it right now and not for the next bull run. See there’s so many things at play here and we fling ignorance at them not knowing what stuff they are personally going through that pushed them to choose that over bitcoin. Perhaps a little openness and perspective could help you with that? It’s funny cause we know how valuable bitcoin is but if the situations were changed, and you’re someone who doesn’t know bout bitcoin asked on-the-spot if you would choose your local currency over bitcoin, what would you do?
The Nigerians don't know about the bitcoin? I thought they knew a lot about bitcoin and most of the Nigerians trades bitcoin a lot. As far as I know, their central bank had issues with Bitcoin and all banks were ordered to suspend accounts that were involved in bitcoin trading. Just because they are from a third word country doesn't mean that they don't know what bitcoin is. Perhaps they know more than most of us.
member
Activity: 88
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Instead of running people down for not understanding something, why not actually educate them and help them become a part of a wider community?
sr. member
Activity: 2618
Merit: 439
I read somewhere in this forum, I can't particularly place the section but the person said, there's no one in this century who hasn't heard about Bitcoin and who doesn't know the future it holds for us and I was of the opinion that that can't be true.

Judging from my immediate family, I could tell my parents may know that there's something called Bitcoin and that's because myself and siblings hold random discussions about it.

Going through my Facebook account yesterday, I also discovered a very funny trending hilarious video that support my notion.

https://www.facebook.com/kobokocomedian/videos/1312697769656434/?app=fbl😂😂😂




Common man , you knew facebook as you are not that young anymore , there are so much stupidity going in that platform in which majority is misleading and we must admit that to not become one of the victim of fake news.
also there are several post like this in the past as what you said there are no one in this century that does not know bitcoin.
but that is a general term and is not standing to all people in the world ,
don't be exaggerated about posts that you are reading
we must also elaborate and understand some general meaning.
but for me? it is indeed that the world already knew bitcoin either it is good or bad.
hero member
Activity: 2366
Merit: 594
It's just that those people really haven't heard of Bitcoin. The video is really coming from Nigeria, and I just thought that most of them heard it, but again, not all because others haven't stumbled on Bitcoin because they are just into the internet and social media but still haven't found it online. For sure, in the next ATH, Bitcoin will really get trending again in Social media, and probably that is where they will discover it.
full member
Activity: 1540
Merit: 219
To be honest, I find their English hard to understand and I wouldn't really take seriously videos like this one because I think most of the time they just pay some money to say this or that in video. It's also curious that most of them time when people are asked with this question, no one asks back what is Bitcoin or what's the price of bitcoin or how can they exchange it, that's why I don't believe in the authenticity of these videos.
You don't take them seriously because they're comedians lmao, maybe they're half-meant but that's beside the point. The problems you pointed out are easily answered by the fact that if they were to do those things, the comedy won't be prioritized and the delivery won't be funny because they've focused too much in technicalities. To be honest, you need to have your funny bone checked because you've been looking at the video at the wrong angle.

Regarding the video, I think it's funny and it does support OP's opinion that the ignorance in bitcoin is still there but in my opinion, ignorance won't be quashed anytime soon, there's billions of people out there and millions that don't have time to use the Internet so it's understandable that some people won't know about bitcoin even if it's a decade since it's Genesis.
hero member
Activity: 2604
Merit: 816
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There may still be people who have never heard of Bitcoin until now, especially if that person is too busy with what he is doing not to read any news. It's normal because people nowadays still think about themselves first and then think about other things.

There may also be people who have heard of Bitcoin but don't have it yet and don't care that there is it now. And those people will not know the future of Bitcoin because they are not trying to get to know it.

But those of us who have known Bitcoin for many years still want to own more Bitcoin. Some even use reserve funds to buy Bitcoin because they believe the price of Bitcoin will definitely increase very high. So it's better to let them think like that because owning Bitcoin or not is each person's decision.
legendary
Activity: 2576
Merit: 1860
A lot of people exaggerate Bitcoin, its potentials and relevance. Whenever I read exaggerated remarks on Bitcoin especially coming from somebody popular, I can only cringe in silence. There are even those who argue that Satoshi should be given a Nobel prize. There are those who claim that Bitcoin is one of the greatest inventions in human history, or the second greatest in the 21st century, next to the internet. I don't know, but whenever I go out into the real world, Bitcoin is more alien than aliens.
legendary
Activity: 2646
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Without any form of advertising, bitcoin have reached all around the world. In the last few years different exchanges and other service providers have advertised bitcoin for their profit. Through this good number of people have come to know about bitcoin. Maybe if the advertising of bitcoin is made stronger, even more number of people will get awareness about bitcoin.

As in the above post, people have got different needs and the priority list varies which is also a reason why people doesn't give much attention towards bitcoin.
legendary
Activity: 3542
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You can't blame other groups of people, especially those that are affected by poverty, to know of bitcoin since they have other things to put their focus on and sights on. They have to think of how to survive each day and combat hunger, so bitcoin probably is the least of their worries or their concerns. I don't find it funny that these people are clueless that bitcoin exists or how it works, as I know that there are also some things that they know that I probably don't have any idea about.
hero member
Activity: 2884
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I read somewhere in this forum, I can't particularly place the section but the person said, there's no one in this century who hasn't heard about Bitcoin and who doesn't know the future it holds for us and I was of the opinion that that can't be true.

Judging from my immediate family, I could tell my parents may know that there's something called Bitcoin and that's because myself and siblings hold random discussions about it.

Going through my Facebook account yesterday, I also discovered a very funny trending hilarious video that support my notion.

https://www.facebook.com/kobokocomedian/videos/1312697769656434/?app=fbl😂😂😂




There many persons that have not heard about Bitcoin. For where I am living out of 100 person it might be only 40 person that might know about Bitcoin. One thing we have to know is that, there some persons that k ow about Bitcoin but they are not interested on the cryptocurrency because they have taking Bitcoin for scamming or bad something. While there are some people are there that are ignorant of the blockchain and if you tell them potential of the coin they will like to invest and use Bitcoin in their future.
The awareness of bitcoin on people which often use the internet for one reason or another should be very high, however this does not translate on adoption, people for the most part do not follow an ideology, they follow the benefits they can get with it, and they feel that the benefits they can get with bitcoin are too small or they are nonexistent, now I think they are wrong on their assumptions but that is most likely what they believe and it explains why adoption is on the low side.
hero member
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I read somewhere in this forum, I can't particularly place the section but the person said, there's no one in this century who hasn't heard about Bitcoin and who doesn't know the future it holds for us and I was of the opinion that that can't be true.

Judging from my immediate family, I could tell my parents may know that there's something called Bitcoin and that's because myself and siblings hold random discussions about it.

Going through my Facebook account yesterday, I also discovered a very funny trending hilarious video that support my notion.

https://www.facebook.com/kobokocomedian/videos/1312697769656434/?app=fbl😂😂😂




There many persons that have not heard about Bitcoin. For where I am living out of 100 person it might be only 40 person that might know about Bitcoin. One thing we have to know is that, there some persons that k ow about Bitcoin but they are not interested on the cryptocurrency because they have taking Bitcoin for scamming or bad something. While there are some people are there that are ignorant of the blockchain and if you tell them potential of the coin they will like to invest and use Bitcoin in their future.
legendary
Activity: 2436
Merit: 1561
I know Nigeria has one of the biggest bitcoin markets in Africa because many Nigerians especially the youths are embracing it. But bitcoin awareness is low among those between the ages of 50 and above. Many of them might have heard the word Bitcoin but I can attest that they know little or nothing about the currency. In the rural areas, many people have not even heard the word Bitcoin. As many members have said, most of the content on these social media space is staged to achieve an objective. But no doubt bitcoin awareness is increasing every day even among the elderly.

You're not wrong about Bitcoin being popular in developing countries, and I was surprised to discover that, out of all countries in the world, in 2020, it was Nigeria, that had the highest rate of the population actually using crypto:

Quote
Cryptocurrency is most popular in countries in Africa, Asia, and South America compared to Europe, North America, or Australia. In Nigeria, for instance, 32% of people (roughly 1 in 3) surveyed in 2020 said they use or own crypto.
source: https://explodingtopics.com/blog/blockchain-stats

In the same time (2020) some survey showed that the rate in US was only 6%, so quite a big difference. Of course, such surveys are not always very reliable, and a lot could change since 2020.
hero member
Activity: 1316
Merit: 561
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It's just a matter of knowledge and doesn't mean they don't know bitcoin, and if asked about bitcoin knowing only the name then obviously people will choose money over bitcoin. Because money is so easy and they are also used to it and can use it right away compared to bitcoin, they have to know the process, especially the value.
and if he asked those who know about bitcoins, they would definitely choose bitcoins, especially if they knew its value, they would be very happy.
and indeed there are still many people who don't know bitcoin well, especially those who live in rural areas and this is real because I also asked about bitcoin when I was in rural areas and some didn't know at all and some only knew or heard about it and I tried to explain it in a clearly in a nutshell maybe because I'm sure that over time they will figure it out too because if bitcoin is compared to money, money is superior because it has been around for a long time. long. But with time they will eventually figure it out and will also compare it.
Your point on Bitcoin' steep learning curve is valid, yet it doesn't confer traditional currency superiority. Bitcoin, with its potential for economic autonomy and safety, overrides its seeming complexity.

Bitcoin' immunity to governmental mood swings is a crucial boon, notably in the current volatile geopolitical climate. Also, its peer-to-peer attribute safeguards it against hurdles familiar to traditional banks.

Though Bitcoin is presently a specialist' financial vehicle, it harbors great promise. It's upon us all to circulate its knowledge, debunk misconceptions, and accelerate its adoption. Old money may have its age, but it can't eclipse Bitcoin's transformative prowess. Tenacity and continual enlightenment will, in time, steer Bitcoin to mainstream currency.
legendary
Activity: 1456
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I read somewhere in this forum, I can't particularly place the section but the person said, there's no one in this century who hasn't heard about Bitcoin and who doesn't know the future it holds for us and I was of the opinion that that can't be true.
Just like the gospel in the Christian doctrine, it has not been preached in many places and many people do not yet know about it even though the gospel of Christ has been existing for a long time. The same goes for cryptocurrency and bitcoins, It will be naive for you to assume that everyone around the world has heard about bitcoins just because you have.

If we all contribute in our way to sharing word about bitcoins, it will go a long way in reducing the ignorance people have about cryptocurrency and bitcoins.
legendary
Activity: 2436
Merit: 1561
(...) and content creators need not create a video like this, all they want are views to monetize their content, they do not reflect the knowledge of the people in one's country about Bitcoin.

You can't blame them really. If certain content generates more views, and therefore more money, there will always be someone who would try to capitalise on that. So if we want content creators to stop producing garbage content - we need to stop consuming garbage content, and either start watching something valuable, or just switch off the tv (or other device). Simple as.
hero member
Activity: 2926
Merit: 567
To be honest, I find their English hard to understand and I wouldn't really take seriously videos like this one because I think most of the time they just pay some money to say this or that in video. It's also curious that most of them time when people are asked with this question, no one asks back what is Bitcoin or what's the price of bitcoin or how can they exchange it, that's why I don't believe in the authenticity of these videos.

And I thought I'm the only one.
There are content creators that interview people randomly and some pay people to act or give answers they dictate I don't know if this video is random or if the guy pays people to give answers that he dictates all I know is Bitcoin is popular among our Nigerian brothers and content creators need not create a video like this, all they want are views to monetize their content, they do not reflect the knowledge of the people in one's country about Bitcoin.
sr. member
Activity: 2366
Merit: 448
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It's just a matter of knowledge and doesn't mean they don't know bitcoin, and if asked about bitcoin knowing only the name then obviously people will choose money over bitcoin. Because money is so easy and they are also used to it and can use it right away compared to bitcoin, they have to know the process, especially the value.
and if he asked those who know about bitcoins, they would definitely choose bitcoins, especially if they knew its value, they would be very happy.
and indeed there are still many people who don't know bitcoin well, especially those who live in rural areas and this is real because I also asked about bitcoin when I was in rural areas and some didn't know at all and some only knew or heard about it and I tried to explain it in a clearly in a nutshell maybe because I'm sure that over time they will figure it out too because if bitcoin is compared to money, money is superior because it has been around for a long time. long. But with time they will eventually figure it out and will also compare it.
full member
Activity: 407
Merit: 136
Many people have heard of bitcoin, but not everyone who has heard of it is aware of its value and potential. That is the genuine event described in the Facebook video.

Bitcoin is preferred over the sum of money mentioned by those who are aware of it and its value. While those who have heard of bitcoin but are unsure of its value go for fiat. That's exactly what happened in the video.
 
The irony of everything is that. People would continue to value what they know to be valuable above what they do not know. You can't just ask someone at random who you meet a question about something he doesn't completely understand and expect him to give you a good answer.
yes that's right someone will trust more with what they fully know and are familiar with that something. because it is better to use something that we know and we already understand the value and how to use it.
even though the video that OP shared was made for entertainment purposes, in my opinion, this video includes a random sample to find out how knowledgeable Bitcoin is, and this video also includes one of the indirect promotions or introductions to Bitcoin.
Even though Bitcoin is often a hot topic of discussion in various parts of the world, there are still many people who do not have clear knowledge about Bitcoin.
sr. member
Activity: 924
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Many people have heard of bitcoin, but not everyone who has heard of it is aware of its value and potential. That is the genuine event described in the Facebook video.

Bitcoin is preferred over the sum of money mentioned by those who are aware of it and its value. While those who have heard of bitcoin but are unsure of its value go for fiat. That's exactly what happened in the video.
 
The irony of everything is that. People would continue to value what they know to be valuable above what they do not know. You can't just ask someone at random who you meet a question about something he doesn't completely understand and expect him to give you a good answer.
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