Topic: Assumptions of People who don't know about bitcoin... Ki (Read 518 times)
I remembered long ago when I first heard about bitcoin, all I heard about it was everything negative you can ever think of. I never believed in it as I thought that they were myths surrounding it which are unknown to us. After several years, seeing how bitcoin has developed and still developing and making raves in the world I had to have a rethink about it and do my own research also by asking questions and reading online about it. But now I know fully the advantage of bitcoin and don’t care what others think about it as I have also venture into it full time. I believe bitcoin is here to stay forever.
Seriously there are lots of people who has a limited understanding and it baffles me a lot.
I have met someone once and we are talking about cryptocurrency, there were also other people there and it was a discussion that we were all having about cryptocurrency. And this one guy kept saying that cryptocurrency is a scam because it is not centralized and doesn’t have any central authority that controls everything that happens.
Despite how hard a lot of people tried to prove to him that Bitcoin is not a scam, he still kept on with his belief that it is. But you can’t force them, everyone is free to have their own opinion.
I have met someone once and we are talking about cryptocurrency, there were also other people there and it was a discussion that we were all having about cryptocurrency. And this one guy kept saying that cryptocurrency is a scam because it is not centralized and doesn’t have any central authority that controls everything that happens.
Despite how hard a lot of people tried to prove to him that Bitcoin is not a scam, he still kept on with his belief that it is. But you can’t force them, everyone is free to have their own opinion.
Unfortunately, lots of people will mostly cling to their own biased opinion even if you show them facts about the claim. With people regarding cryptocurrencies, they seem to go against cryptocurrencies without even providing any reason on why they hate them- it's just plain hatred.
I just hope that these people would start opening their minds about their view on cryptocurrencies. Though there may be lots of issues that it faced before (e.g. scams and hacks of exchanges, dark web, etc.), its positive effects outweigh greatly negative impact as a whole.
There is no dearth of information about bitcoins on the internet. In fact, you can get more information than you require in general. So, there has to be no point in people assuming anything about bitcoin. They can simply search on the internet and see how valid and real something is.
Once someone sees a use of Bitcoin they will definitely try to learn how to use it. Necessity is the thing here, otherwise the inertia to remain ignorant about Bitcoin remains as it is. In most countries bitcoin is something that is already having a negative picture plus there is no use of it among merchants. In other words, the marketing of Bitcoin as a payment system with advantages over fiat is lacking.Because centralized systems exist Hance bitcoin is facing this problem. This cannot be changed by force because that leads to aversion among common people. But I am hopeful that th situation will chang in future.
To add to Bitcoin is a bubble and Bitcoin is used for crimes, there are also:
- Bitcoin is a Ponzi
- Bitcoin destroys the environment
I see this first two assumptions to be the most trending one ongoing, lot of people out there see bitcoin as a ponzi scheme because their orientation is tuned to believing any online business or investment as a proxy gamble, that can swindle away ones entire capital or cease to operate the following day which is wrong, another convincing factor is it volatility nature in which they taught its unstable to be trusted.
The other one is government perpetrated, lots of event are happening whereby government tend to assume that bitcoin mining constitute environmental pollution as much energy is wasted through the process. you can click on this congress hearing on bitcoin energy use where lot has been talked about on the forum regarding bitcoin energy use and it impact on the environment. and also another thread which talked about Debunking the bitcoin is an environmental disaster argument this environmental challenges assumed by the government is aimed as a result of Cryptocurrency (bitcoin) not being regulated by the government because of it decentralization. [/list]
For those who don't know about Bitcoin and have no knowledge about Bitcoin, Bitcoin is a different matter. Our country where many people still know nothing about Bitcoin. When it comes to Bitcoin, they think differently.They have to have that profession in their primitive age. They don't want to know anything about the updated world.
This is a common problem among the people right now, they intend to judge at the beginning without verifying.To be honest, if I have their own situation in don't have an idea about the thing, I rather keep silent than tell some things that may not be true, in short, it is judging.
But yeah, we can't blame them also as we have different minds, but yeah maybe at the beginning it is the most common issue but once they will really know what Bitcoin is, I guarantee that their mind will change.
It's true! There are many people who do not know what bitcoin is and worse still say anything about bitcoin lightly. I remember once I wanted to motivate an Asian merchant in my country to accept bitcoin as a payment method to pay for my groceries.
She told me that she didn't know and I told her I can teach you, I thought she would accept and she didn't dare one bit. While talking I could tell that she had the wrong idea about bitcoin. She told me I still don't know a millionaire who invests in bitcoin.
Since she had no interest in learning, I couldn't tell her you don't need to be a millionaire to invest in bitcoin, I also think that in relation to money, people without knowledge don't dare to venture.
She told me that she didn't know and I told her I can teach you, I thought she would accept and she didn't dare one bit. While talking I could tell that she had the wrong idea about bitcoin. She told me I still don't know a millionaire who invests in bitcoin.
Since she had no interest in learning, I couldn't tell her you don't need to be a millionaire to invest in bitcoin, I also think that in relation to money, people without knowledge don't dare to venture.
most people just want to stick with what they have been doing all their lives, like traditional payment method. only mostly younger gen are willing to try this new payment option and put hands into it. but don't expect older people to be open minded with this option. though some are but most of them prefer to what they have been doing for years or decades in their lives. also, a lot of people have different notion on btc, those are people who don't have the time to read about crypto or not willing to educate themselves.
Quote
1) Bitcoin is a bubble : This is the most common thing the community has said against it from the past and it could burst anytime but they are proved wrong each time.The prices increase they say it will burst out and when they falls they say it's crash but in reality they don't know anything about it.It is a currency and like any other asset can go up and down in value so what do you expect from it? But in reality btc is needle that is bursting fiat bubbles.
This is mostly what I've to hear from the people around before but today, upon asking them, you can hear different stories some will say "it was a profitable investment and any got rich" , while the others will still think it was a scam and it burst. It is likely to say that many were still not aware of the situation by now, many were never appreciates Bitcoin, in fact, it has already been proven so many times. And to argue with these negative people is just a waste of time, but I believe they'll change somehow sooner and they realize that they are wrong. Just like been said that it is mind boggling on why someone does really have that kind of thinking on where they are close to changes and they do call it scam directly without even knowing
but soon they would realize and be regretting that they had lost too much time and opportunity to make profits not only into investment matter but also into its utility.
It's true! There are many people who do not know what bitcoin is and worse still say anything about bitcoin lightly. I remember once I wanted to motivate an Asian merchant in my country to accept bitcoin as a payment method to pay for my groceries.
She told me that she didn't know and I told her I can teach you, I thought she would accept and she didn't dare one bit. While talking I could tell that she had the wrong idea about bitcoin. She told me I still don't know a millionaire who invests in bitcoin.
Since she had no interest in learning, I couldn't tell her you don't need to be a millionaire to invest in bitcoin, I also think that in relation to money, people without knowledge don't dare to venture.
She told me that she didn't know and I told her I can teach you, I thought she would accept and she didn't dare one bit. While talking I could tell that she had the wrong idea about bitcoin. She told me I still don't know a millionaire who invests in bitcoin.
Since she had no interest in learning, I couldn't tell her you don't need to be a millionaire to invest in bitcoin, I also think that in relation to money, people without knowledge don't dare to venture.
Quote
1) Bitcoin is a bubble : This is the most common thing the community has said against it from the past and it could burst anytime but they are proved wrong each time.The prices increase they say it will burst out and when they falls they say it's crash but in reality they don't know anything about it.It is a currency and like any other asset can go up and down in value so what do you expect from it? But in reality btc is needle that is bursting fiat bubbles.
This is mostly what I've to hear from the people around before but today, upon asking them, you can hear different stories some will say "it was a profitable investment and any got rich" , while the others will still think it was a scam and it burst. It is likely to say that many were still not aware of the situation by now, many were never appreciates Bitcoin, in fact, it has already been proven so many times. And to argue with these negative people is just a waste of time, but I believe they'll change somehow sooner and they realize that they are wrong.
Seriously there are lots of people who has a limited understanding and it baffles me a lot.
I have met someone once and we are talking about cryptocurrency, there were also other people there and it was a discussion that we were all having about cryptocurrency. And this one guy kept saying that cryptocurrency is a scam because it is not centralized and doesn’t have any central authority that controls everything that happens.
Despite how hard a lot of people tried to prove to him that Bitcoin is not a scam, he still kept on with his belief that it is. But you can’t force them, everyone is free to have their own opinion.
I have met someone once and we are talking about cryptocurrency, there were also other people there and it was a discussion that we were all having about cryptocurrency. And this one guy kept saying that cryptocurrency is a scam because it is not centralized and doesn’t have any central authority that controls everything that happens.
Despite how hard a lot of people tried to prove to him that Bitcoin is not a scam, he still kept on with his belief that it is. But you can’t force them, everyone is free to have their own opinion.
To add to Bitcoin is a bubble and Bitcoin is used for crimes, there are also:
-snip-
It is not just only those who hate cryptocurrencies, even people who do not understand Bitcoin do make such statements as well. Especially the one that Bitcoin is a Ponzi, I have seen a lot of people who have no idea of what Bitcoin is all about make that statement that Bitcoin is a Ponzi and a scam.-snip-
In fact, that is always the word that is mainly being used by people who do not know anything about Bitcoin, and it is not because they hate Bitcoin, it is simply that they have no idea of what Bitcoin is all about so they tend to say that it is a Ponzi.
Because, that’s what it looks like to them. As for those who say that Bitcoin mining is harmful to the environment, those are the ones who I would say are making such a statement because they hate Bitcoin. That is clear hatred, and they are trying to do anything possible to bring it down, but it wouldn’t work.
There is no dearth of information about bitcoins on the internet. In fact, you can get more information than you require in general. So, there has to be no point in people assuming anything about bitcoin. They can simply search on the internet and see how valid and real something is.
Although there is too much information about Bitcoin on the internet, doesn't mean all people get valid information. Some people also may not easy to understand what Bitcoin is. So, it is no problem to assume that people may speculate about Bitcoin. Each people should have a different understanding of Bitcoin, depending on how well they learn Bitcoin. If someone already learned Bitcoin for a long time, very possible for him to understand it well. But for newbies, they may misunderstand what Bitcoin is.Tons of tons of information are out there but yes, some info are misleading especially if it is written by a blogger or an endorser of a specific alt. So they need to find a reliable sources where they can really get the right information. They should know how to filter things because if not, these articles can mislead them from facts. If they happen to get on this forum and read the right threads, they will get very substantial information that can enrich their knowledge anything about crypto.
There is no dearth of information about bitcoins on the internet. In fact, you can get more information than you require in general. So, there has to be no point in people assuming anything about bitcoin. They can simply search on the internet and see how valid and real something is.
Although there is too much information about Bitcoin on the internet, doesn't mean all people get valid information. Some people also may not easy to understand what Bitcoin is. So, it is no problem to assume that people may speculate about Bitcoin. Each people should have a different understanding of Bitcoin, depending on how well they learn Bitcoin. If someone already learned Bitcoin for a long time, very possible for him to understand it well. But for newbies, they may misunderstand what Bitcoin is.perception when it comes to things thats why whether we do encounter various informations but still you arent interested on learning or knowing it then it would be still useless.We are already on high-tech
era where internet could reach out almost corner of the world which it is impossible not to think about reaching those people about the information about bitcoin or crypto's existence.
There is no dearth of information about bitcoins on the internet. In fact, you can get more information than you require in general. So, there has to be no point in people assuming anything about bitcoin. They can simply search on the internet and see how valid and real something is.
Although there is too much information about Bitcoin on the internet, doesn't mean all people get valid information. Some people also may not easy to understand what Bitcoin is. So, it is no problem to assume that people may speculate about Bitcoin. Each people should have a different understanding of Bitcoin, depending on how well they learn Bitcoin. If someone already learned Bitcoin for a long time, very possible for him to understand it well. But for newbies, they may misunderstand what Bitcoin is.
One of the things that has made me laugh the most that I want to share (in another thread I also said it) is that one of the things that a lady told me one day that BTC was part of the antichrist, lol, I really didn't know what to answer because I was an old lady, I only told her that things were not like that, that things improve as time goes by and that there are new technologies that make even the economy advance because the traditional economy under which we were born is the most corrupt of all , where there is no opportunity to acquire financial freedom.
There is no dearth of information about bitcoins on the internet. In fact, you can get more information than you require in general. So, there has to be no point in people assuming anything about bitcoin. They can simply search on the internet and see how valid and real something is.
To add to Bitcoin is a bubble and Bitcoin is used for crimes, there are also:
-snip-
It is not just only those who hate cryptocurrencies, even people who do not understand Bitcoin do make such statements as well. Especially the one that Bitcoin is a Ponzi, I have seen a lot of people who have no idea of what Bitcoin is all about make that statement that Bitcoin is a Ponzi and a scam.-snip-
In fact, that is always the word that is mainly being used by people who do not know anything about Bitcoin, and it is not because they hate Bitcoin, it is simply that they have no idea of what Bitcoin is all about so they tend to say that it is a Ponzi.
Because, that’s what it looks like to them. As for those who say that Bitcoin mining is harmful to the environment, those are the ones who I would say are making such a statement because they hate Bitcoin. That is clear hatred, and they are trying to do anything possible to bring it down, but it wouldn’t work.
Change the mindset of yourself and then others. Provide an explanation that is easy to understand by lay people who do not understand what bitcoin is.
Bitcoin is just a tool that can be used for anything, just like a knife that can be used to peel an apple and can also be used to harm someone.
Currently, there is more and more education about bitcoin, explanations on youtube, social media, etc., will provide insights about bitcoin for beginners.
So some negative assumptions about bitcoin exist because they didn't study it completely.
People who prefer to create speculations rather than to stick with the facts mostly end up making wrong assumptions. Lack of education has always been the main cause. However, in terms of bitcoin, the facts are already spread in the internet, so there is no valid reason why some people end up being misinformed. Maybe they are just too lazy to do research and study it, or they stick to believe on the people who made attacks on bitcoin. That's another story i guess. Bitcoin is just a tool that can be used for anything, just like a knife that can be used to peel an apple and can also be used to harm someone.
Currently, there is more and more education about bitcoin, explanations on youtube, social media, etc., will provide insights about bitcoin for beginners.
So some negative assumptions about bitcoin exist because they didn't study it completely.
I have posted this many times here but I believe this to be one of the best bitcoin quotes ever and it fits in well here ..
"I think many of the intellectually honest people eventually stop being critics, because they suddenly realize that the flaws they are identifying are temporary features, issues, and not inherent problems. There are very few inherent problems in a dynamically evolving design or ecosystem of different designs all competing, that cannot be resolved. There are critics who criticize this technology primarily based on their world view. It is politically inconsistent with their world view. It’s not that they do not like the technology it’s that they do not like the implications of this technology and the primary criticism you get then is “this should not be” to which all I can answer is ..and yet it is. “but we mustn’t”… and yet we did, “but you shouldn’t”.. but yet we did"- Andreas Antonopoulos.
"I think many of the intellectually honest people eventually stop being critics, because they suddenly realize that the flaws they are identifying are temporary features, issues, and not inherent problems. There are very few inherent problems in a dynamically evolving design or ecosystem of different designs all competing, that cannot be resolved. There are critics who criticize this technology primarily based on their world view. It is politically inconsistent with their world view. It’s not that they do not like the technology it’s that they do not like the implications of this technology and the primary criticism you get then is “this should not be” to which all I can answer is ..and yet it is. “but we mustn’t”… and yet we did, “but you shouldn’t”.. but yet we did"- Andreas Antonopoulos.
...
Rest you make your choice but for me Bitcoin is the best.
Nothing to doubt about Bitcoin Rest you make your choice but for me Bitcoin is the best.
Ahh, I heard again and again in areas around me, there are many more people who say that "Bitcoin is not investment, Bitcoin is a scam, and Bitcoin is gambling, everything about trading in gambling". Stay away from Bitcoin and all things about trading, because they are gambling and specualtions."
Whatever I tried to explain and give more data, they will not listen to me, because they only believe in bigger media or influencers that are opposed to Bitcoin. Moreover, this is because they similarize Bitcoin with a kind of binary options that are now very booming in my country.
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