Topic: Are you scared? (Read 923 times)
Nah... The risk involved in crypto actually makes it more attractive to me. If you not taking risks you not making money or making eath quakes. People whine about how "volatile" everything is to the point I hate that word. I don't want stability. Stability is boring. I like those wavy charts. Ride the waves and take those crashes and come back swinging. Most people give up and lose but you cannot. Even if you lose every single cent trading you cannot give up. You need to be a relentless beast that never gives up. So no I am not scared. More like excited. xD
I can tell you that there will come a time when Bitcoin will be widely accepted in the world, I think it's just time, Bitcoin is becoming more and more popular in life from buying and selling goods. Cultural customs and trading habits are imprinted on those you mention and they are afraid to change.
They are not totally scared on using Bitcoin. It is just that they are not aware on how they can be able to use Bitcoin upon doing their daily life transactions so they do not bother on learning it anymore when they can do it on fiat transaction. Also, there are still people who have been reliant on the traditional way of transacting money which makes it a point for them not to use Bitcoin. It is not about the fear of transacting with Bitcoin but they just do not have the interest on doing such added by the fact that maybe their country is still not open for having Bitcoin transactions offered that makes them stick into fiat transaction system. They have become more familiar to fiat than Bitcoin which also makes it a point for them to stick on that idealization.
Those who think like that they didn't know the fact of bitcoin. It is helping a lot. We also can see a big donation of bitcoin for poor people and also for the serious patients. Like here is a big issue a head. Talking about COVID-19 a lot of donate in the shape of bitcoin. I don't care the others. I only know that the bitcoin is helping people.
How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
Fiats do have some negatively and they're been discussed daily on the forum. Try researching the forum on Bitcoin vs USD and you'll see them. The banks and government are trying their possible best to present their scam as the best form of money but their efforts has been cancelled with the introduction of cryptocurrency. Before now people thought the idea of decentralized finance was just a theory and can't be practicalized but that's not the case anymore.
If you're trying to convince anyone to see the good in bitcoin and they're refusing then let them be. Don't force the technology on anyone before they put the blame on you when their gullible nature puts them in tight situations. Only fools or ignorant individuals sees what's good and intentionally ignore it.
Bitcoin is not a decentralized legal transaction that is why there are many international companies that are afraid to exchange this currency because is not legal tender in their country. But internally you have a good idea about Bitcoin there will be no reason to fear. Although not legally valid, they can use Bitcoin to convert Fiat currency. Don't want to take risks because you don't know how to use Bitcoin properly. It is possible to overcome fear by moving forward from the risk.
legendary
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Come to take note of it. How many minutes does Bitcoin transaction takes in order for it to be transferred?? Average is 10 minutes right. Compare it if you have cash on hand. You can buy thing and pay to it instantly.]
Easier?? Do you think that all of the people have access to the technology right now?? Do you think that all of the people have access to the internet? Do you think that people will think that owww using Bitcoin would be easier compare to fiat currency.
Overall, the person who are more knowledgeable enough to learn it will be on the top compare to a person who will just ignore everything and isn't willing to learn it. Ignorance makes the people scared enough to use it. On the other hand, there are still some people who prefers to use cash rather than Bitcoin in their daily transaction for various reasons and I don't need to enumerate it anymore
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Easier?? Do you think that all of the people have access to the technology right now?? Do you think that all of the people have access to the internet? Do you think that people will think that owww using Bitcoin would be easier compare to fiat currency.
Overall, the person who are more knowledgeable enough to learn it will be on the top compare to a person who will just ignore everything and isn't willing to learn it. Ignorance makes the people scared enough to use it. On the other hand, there are still some people who prefers to use cash rather than Bitcoin in their daily transaction for various reasons and I don't need to enumerate it anymore
.Yes that's true it will take around 10 minutes but there is another solution, If you want to use bitcoin to pay for buying goods in your daily life then you must have to use P2P transaction method. you can use LocalBitcoins, Binance p2p, Coinbase etc.
Agreed, all of the people don't have the access to technology and the internet. But you know as like all of the people don't have a debit card or master card but most of the super-shop has provided the service of debit card as an alternative payment method. So I think if they will provide P2P bitcoin transaction system as a payment method then the common people would be eager to use it.
At some point, most especially when I am participating in bounties. We really don't know if its true or it's a scam. It is really hard to find out if the project is legit or not. Now I am trying again to earn when the project is done or I'm gonna switch to investing, though I started yesterday but I put a small amount maybe tomorrow gonna buy btc and hold it until the btc goes up.
legendary
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I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it,
Faster? Easier.Come to take note of it. How many minutes does Bitcoin transaction takes in order for it to be transferred?? Average is 10 minutes right. Compare it if you have cash on hand. You can buy thing and pay to it instantly.]
Easier?? Do you think that all of the people have access to the technology right now?? Do you think that all of the people have access to the internet? Do you think that people will think that owww using Bitcoin would be easier compare to fiat currency.
Overall, the person who are more knowledgeable enough to learn it will be on the top compare to a person who will just ignore everything and isn't willing to learn it. Ignorance makes the people scared enough to use it. On the other hand, there are still some people who prefers to use cash rather than Bitcoin in their daily transaction for various reasons and I don't need to enumerate it anymore
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I don't think it isn't the fear that is stopping them from using it like that,
It is the thought of losing profit if they use it to pay.
And those who OP are referring are the people who lacks of knowledge about Bitcoin or crypto.
It is the thought of losing profit if they use it to pay.
And those who OP are referring are the people who lacks of knowledge about Bitcoin or crypto.
I think this fear is caused by not being educated/informed enough about the inner workings of Bitcoin. Humans are afraid when they are not in control of the environment and they feel insecure/unsafe. The solution is simple, people should do more research and Bitcoin promoters should organize informational campaigns.
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life
Who are the Topic here?Who are those people?are they Literate about Bitcoin?do they even invested or entering the Market?If does then they really missing something here as beneficial,But if those people you are pointing are random ,Please there are more than 70-80% of the worl population Know nothing about bitcoin.
, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
Who advise whom?so meaning it is not you who is involve here?where did you get this information?a hearsay i think? 
They are not scared, I think the right term to describe how they feel towards Bitcoin is " Doubtful".
Even if you introduce Bitcoin to people, they will doubt it big instantly. The more you explain it to them, and the more their brains can't keep up, the more they will be doubtful about bitcoin, especially those old people. But I really can't imagine that they are up to ponzi scams yet they don't want a safer way to earn money. I guess people only wants easy money that's good to be true because they are thinking that if they will invest their money on a investment that will let them do nothing and earn money while they sleep, they will gain profits over it, but sad to say that it's the other way around.
I don't bother anymore introducing and explaining Bitcoin to anyone ask, because if they want to use it, they will find a way to use it without asking so many questions.
It is really hard to explain the knowledge about bitcoin especially if those people are actually beginners and they have heard the bitcoin for the first time. Saying some terms about bitcoin is really hard to explain to them, and saying what is the benefit of the bitcoin itself will actually give them some doubt if you are really saying the truth or you are really gaining some profit like what you are saying, but if you tried to explain to them with some visuals and giving them some actual tutorial, that will really help them to understand. Even if you introduce Bitcoin to people, they will doubt it big instantly. The more you explain it to them, and the more their brains can't keep up, the more they will be doubtful about bitcoin, especially those old people. But I really can't imagine that they are up to ponzi scams yet they don't want a safer way to earn money. I guess people only wants easy money that's good to be true because they are thinking that if they will invest their money on a investment that will let them do nothing and earn money while they sleep, they will gain profits over it, but sad to say that it's the other way around.
I don't bother anymore introducing and explaining Bitcoin to anyone ask, because if they want to use it, they will find a way to use it without asking so many questions.
How to you convince them that its also compulsory to exchange the Bitcoin to Fiat in their local currency after receipt? they might be suspicious of Bitcoin being a scam this are salient issues that had to be resolved to trigger mass adoption of Bitcoin by unknowledgeable people else Bitcoin adoption will continue to suffer setbacks.
Practical teaching to those who have never use it before is very necessary in way to entice them into it.
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
Dollars and other fiat currency are already being used primarily for the transactions and everyone understand and accepts them. Bitcoins are not legal in many part of the world and also not everyone knows about it. Also since its value is non-stable, people do not want to risk their money in volatile currency.
Bitcoin is safer than fiat, in the end its the user who is the main source of security. Bitcoin has only been here for approx 11 years. Fiat has been for centuries. Like when the internet was first created, people were skeptical. All it takes is early adoption + experience, and the fear will wash away.
Do people use gold in their daily transaction? Why are gold still the most valuable asset in this planet? The main reason is trust. The secons is supply-demand. The more people trust gold, the more valuable it will be
Therefore, people currently think that botcoin is digital gold which is stronger, better and more independent.
Therefore, people currently think that botcoin is digital gold which is stronger, better and more independent.
They are not scared, I think the right term to describe how they feel towards Bitcoin is " Doubtful".
Even if you introduce Bitcoin to people, they will doubt it big instantly. The more you explain it to them, and the more their brains can't keep up, the more they will be doubtful about bitcoin, especially those old people. But I really can't imagine that they are up to ponzi scams yet they don't want a safer way to earn money. I guess people only wants easy money that's good to be true because they are thinking that if they will invest their money on a investment that will let them do nothing and earn money while they sleep, they will gain profits over it, but sad to say that it's the other way around.
I don't bother anymore introducing and explaining Bitcoin to anyone ask, because if they want to use it, they will find a way to use it without asking so many questions.
It is really hard to explain the knowledge about bitcoin especially if those people are actually beginners and they have heard the bitcoin for the first time. Saying some terms about bitcoin is really hard to explain to them, and saying what is the benefit of the bitcoin itself will actually give them some doubt if you are really saying the truth or you are really gaining some profit like what you are saying, but if you tried to explain to them with some visuals and giving them some actual tutorial, that will really help them to understand. Even if you introduce Bitcoin to people, they will doubt it big instantly. The more you explain it to them, and the more their brains can't keep up, the more they will be doubtful about bitcoin, especially those old people. But I really can't imagine that they are up to ponzi scams yet they don't want a safer way to earn money. I guess people only wants easy money that's good to be true because they are thinking that if they will invest their money on a investment that will let them do nothing and earn money while they sleep, they will gain profits over it, but sad to say that it's the other way around.
I don't bother anymore introducing and explaining Bitcoin to anyone ask, because if they want to use it, they will find a way to use it without asking so many questions.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
Fiats do have some negatively and they're been discussed daily on the forum. Try researching the forum on Bitcoin vs USD and you'll see them. The banks and government are trying their possible best to present their scam as the best form of money but their efforts has been cancelled with the introduction of cryptocurrency. Before now people thought the idea of decentralized finance was just a theory and can't be practicalized but that's not the case anymore.
If you're trying to convince anyone to see the good in bitcoin and they're refusing then let them be. Don't force the technology on anyone before they put the blame on you when their gullible nature puts them in tight situations. Only fools or ignorant individuals sees what's good and intentionally ignore it.
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
Perhaps it's not just because they are scared and that they have negative thoughts on bitcoin. One thing that could probably refrain them from using bitcoin regardless of its advantages is the lack of knowledge on how can they use it. Not everyone knows and understands bitcoin, if you ask a person from another part of the world to send you money through bitcoin but they don't know how obviously, they would refrain to use it. Removing those negative thoughts or doubt about bitcoin requires educating them and it also takes some time to do.
Maybe you should consider some people who don't know about cryptocurrency, if they are well knowledgeable about cryptocurrency then for sure they will accept the offer of those people who are offering them to have transaction using cryptocurrency, even though we really know the benefits of using cryptocurrency then it would be useless if the person that is going to receive the money knows about it and not all people has good internet connection so they prefer the traditional one to prevent any disturbance.
They are not scared, it is about a lack of knowledge about cryptocurrency.
They are not scared, it is about a lack of knowledge about cryptocurrency.
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