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Topic: Bitcoin = Nerd money or not? - page 2. (Read 1337 times)

full member
Activity: 1092
Merit: 117
May 29, 2019, 05:59:31 PM
I think people consider bitcoin users nerds because they belive using bitcoin is something complicated that only intelligent people can do when in fact even grandma could send a bitcoin transaction if you spend 5-10 minutes teaching her how to do it.
Btw, if someone was already a nerd before using bitcoin does it mean now they are a genius ?  Grin  Grin Grin
hero member
Activity: 966
Merit: 535
May 29, 2019, 03:46:27 PM
All hail nerd money ruler of all!! Goosebumps 2 Huh They made a 1?? Dude I remember reading those, they were super huge a few years before harry potter. Gosh I will have to go watch this movie now. Thank you actually.
I enjoyed reading your post I wish more people made nice posts like this. It is so much easier to come and post and reply to people and have an actual conversation.
newbie
Activity: 59
Merit: 0
May 29, 2019, 01:38:07 AM
Well, that's just an opinion of those who don't know what is going on with this cryptocurrency world. If you want to succeed and make your investments profitable, you need to be quite nerdy. I think that people who earn really "good" money in this market, spend a lot of time on trading etc. So, that's pretty nerdy. But what is wrong in that? It only means that there are many people who don't even know what cryptocurrency is and they called us "nerds" just because they don't understand this all technology
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
May 28, 2019, 04:19:29 PM
Bitcoin is different from PayPal. With PayPal you link your card to your e-mail and that's it. If anything goes wrong, PayPal or the bank may even refund your loses.
Bitcoin is not made that easy yet. With Bitcoin if you are not careful you may lose your money (hack, lost seed, corrupted wallet files, or even installing the wrong software)  with no refund. The tools are not 100% (not even 80%) fool proof. And most explanations about why is Bitcoin so good need quite some knowledge which many could label "nerd-ish".

So yeah, I think that such a label is not so far from the truth. And I don't mind.

Me neither. I don't mind if Bitcoin is called nerd money, especially when some knowledge is required to use it. Non tech-savvy people will find it difficult to understand how to use Bitcoin for their daily lives. Even with some wallets available that provide a friendly user interface, people can't seem to use Bitcoin the same way as Fiat. In contrast, Fiat payment processors like PayPal and Skrill are much easier to use for the average user with no technical knowledge required. It's not necessary to use specific tools in order to secure your money, as everything is done by the centralized payment service.

As for Bitcoin, a basic understanding of it, will not help much into securing your money against hacks or theft. Some technical knowledge is needed in order to use multi-signature addresses, cold storage, and other means to help achieve said purpose. Of course, this would no longer be an issue over time as wallets become more friendlier to the user. But, we still have a long way to go, as Bitcoin and other cryptocurrencies are not fully adopted by the mainstream world yet.

Therefore, I believe that Bitcoin will be named "Nerd Money" for a long time. Just my opinion Smiley
legendary
Activity: 2436
Merit: 1104
May 26, 2019, 02:30:47 PM
well, I don't know how to respond to that since everyone with the basic the knowledge of bitcoin can use it.
knowing a thing or two about bitcoin wont make you automatically a nerd. I know they meant
the "nerd money" as an insult but I am actually kind of proud that I am part of something big
and people who don't know and what it is results to insulting just to make them feel good about
themselves.
hero member
Activity: 1890
Merit: 831
May 26, 2019, 12:34:13 PM
Actually only people who are involved with Bitcoins and l are the ones who knows a bit about trading and are interested in online things and have a genuine Nick for these things , what I think is it's a right statement since I have not seen many people involving in Bitcoins and all and actually being non - nerdy , to be honest you know I don't think nerdy is the best word , it's more like tech savvy ones.
Whatever be the call but there is no sure shot category as such.
How does it matter though ?
hero member
Activity: 1596
Merit: 534
May 26, 2019, 11:09:29 AM
Can anyone tell me what does this "Nerd money" meaning?. I think I heard this word for the first time in my life.
Is it also a currency like a bitcoin? No other kind of new money.

Basically, it is money used by nerds..

I don't see or look at people using BTC as nerds since first of all, it can be used by all of the people even the normal ones. I am not a nerd and that is proof that it can be used by everyone. I don't even know where did they base that to call us nerds? Can be learned easily to use or transact so I don't think it is only for nerds.

Well you don't see it cause you yourself, are infact, a nerd.

I'm a nerd. Screw it - I own that shit.

Got my Bitcoin wallets, private keys... I know my mining algorithms and have been exposed to cryptography.

Go to anyone not involved in crypto and ask about these words:
"Crypto Wallet"
"Private Key"
"Mining Algorithm"
"Cryptography"

And they will instantly think your a Nerd but may never directly call you out on it.

Being a Nerd is the New Cool. - Get with the times
hero member
Activity: 1722
Merit: 528
May 26, 2019, 03:30:06 AM
Can anyone tell me what does this "Nerd money" meaning?. I think I heard this word for the first time in my life.
Is it also a currency like a bitcoin? No other kind of new money.

Basically, it is money used by nerds..

I don't see or look at people using BTC as nerds since first of all, it can be used by all of the people even the normal ones. I am not a nerd and that is proof that it can be used by everyone. I don't even know where did they base that to call us nerds? Can be learned easily to use or transact so I don't think it is only for nerds.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
May 26, 2019, 03:02:29 AM
Bitcoin community started to suck a big bag of dicks when it stopped being a community of nerds and evolved into this pool of human filth that has found their way in

Wow,,, I know there are so many elitists in the community but I thought people had gotten a bit of humility at this stage.

Yes,,, I agree there just so many idiots in the space but really to call people human filth when they are a lot of the part of reason Bitcoin got so big, means you should reevaluate your reflection of people in Bitcoin. If it was only nerd money would it be worth this much today?
sr. member
Activity: 1988
Merit: 453
May 26, 2019, 01:59:45 AM
Everyone that got 1BTC or more are already the coolest guys in the world.
And everyone should aim to get their hand of at least on BTC.

Most of the early adopters may be having that amount in their wallets. Even here in Bitcointalk, earlier it was much easier to earn Bitcoins. I read somewhere that the Primedice signature campaign used to pay as much as BTC2.400. But back then, the exchange rates were in three digits and no one thought that we will witness prices in excess of $20,000 per coin.
hero member
Activity: 2590
Merit: 644
May 26, 2019, 01:38:37 AM
Definitely Nerd money Bro  Tongue
^ Bro whether it is nerd money or not I still appreciated on Bitcoin as a currency.
Bitcoin is very risky but you can earn more profit on it if you know how to manage it. No matter they called nerd as long as I can earn profit I am still in favor of bitcoin. My family didn't understand yet how bitcoin it works and they think that is nerd how to earn money but here trying to stand and show them what is nerd stuff on the internet that can make money.
hero member
Activity: 1596
Merit: 534
May 26, 2019, 01:26:51 AM
Definitely Nerd money Bro  Tongue

Especially if you got one of those mining rigs. Then you can learn all about computers, maybe get into coding and be really cool.

Seriously, just look into the crypto icons... Vitalik Buterin - Yeah that dude's a jock for sure  Roll Eyes

legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
May 26, 2019, 01:16:55 AM
Everyone that got 1BTC or more are already the coolest guys in the world.
And everyone should aim to get their hand of at least on BTC.
They are because they are risking a big amount for the future of crypto.
I was once owned 1 BTC, but I loss some in gambling, and I spend some in my wants and needs, hopefully I will be able to save again
and will prepare for the bright future of crypto, 1 BTC to reach 1 million usd would be an ultimate success but it should not stop at that level as we all know bitcoin's demand will continue if we consider the potential users.

But as an investor, we need to be satisfied and cash out when necessary.
hero member
Activity: 1694
Merit: 541
May 25, 2019, 11:45:26 PM
Used to be, I find Bitcoin to be a lot more mainstream nowadays and not considered to be as "nerdy" as it used to be.

I now have family members who thought I was insane / thought I was a nerd considering it more as a value store/investment option.
Everyone goes through those experience when it comes to family members and relatives and the advice they will give is just outrageous at time especially when they are working in the financial sector  Cheesy , those times i have to shrug everyone off by telling, it is my money and i decide what to do with it and that happened when the price started hitting the roof, another set of advises as to sell everything off and start another portfolio with them  Shocked.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
May 25, 2019, 10:32:37 PM
Bitcoin community started to suck a big bag of dicks when it stopped being a community of nerds and evolved into this pool of human filth that has found their way in
full member
Activity: 952
Merit: 107
May 25, 2019, 05:20:44 PM
If this is a nerd money so we are a bunch of million Nerd here?😂😂😂

Bitcoin is a money of very intelligent people,because we risk to be here and now we are progressing and gaining,this way we can prove how great each bitcoiner is

And another thing it’s ok to be called nerd if the truth is I am near to becoming a millionaire lol
There is nothing bad for being nerd because that means that you do a lot to make own inventions to make life easier. You can make improvements and think widely. You cannot stop until you did not find out how things are going. As a bitcoiner you have to be optimistic that you can gain from what you are doing.
sr. member
Activity: 1008
Merit: 355
May 24, 2019, 08:44:01 AM
Used to be, I find Bitcoin to be a lot more mainstream nowadays and not considered to be as "nerdy" as it used to be. I now have family members who thought I was insane / thought I was a nerd considering it more as a value store/investment option.

It is human nature that if there is something new we usually view it with suspicion and some can even conclude that it is not appropriate and will not work...this is because we have to careful with anything. When bitcoin was introduced, only a handful of people truly believe on it that is why we usually hear of many horrifying stories of people who squandered their thousands of bitcoin for almost nothing. However, when bitcoin started to rise in value and price that is the time when people started to take notice and then some started hoarding for possible gain in the future. Right now, bitcoin has already achieved a popular status so there is no more that "stigma" of being nerdy or even cultist about it. Perception of the people is changing on bitcoin and this will keep on evolving as years go by.
jr. member
Activity: 443
Merit: 5
Gamble Responsibly
May 24, 2019, 04:18:53 AM
Everyone that got 1BTC or more are already the coolest guys in the world.
And everyone should aim to get their hand of at least on BTC.
full member
Activity: 574
Merit: 100
May 24, 2019, 03:42:36 AM
For me Bitcoin is not a nerd money, at first it is difficult to understand and you need a lot of patience. Maybe some people call it nerd money because they don't know how it works and i don't mind them calling me nerd as long as i am happy in bitcoin and i earn money from it lol.

hero member
Activity: 2520
Merit: 952
May 23, 2019, 09:27:13 PM
Not really. I don't understand much about Bitcoin or in cryptocurrency in general but I know how to use it and make transfers (thanks to wallets that simplified process much!).
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