BTC, why do some people just get it, others really don't? - page 4.

robelneo

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Quote from: jubalix on October 20, 2019, 07:29:15 PM

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2] others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.

The demarcation lines seem to me quite stark. Any theories as to why this is?

(I understand [5] those who just don't get it or are not interested, )

We can sum it from lack of education and from the mainstream media who depicts Bitcoin as a criminals tool for money laundering, people will not invest in something they do not know how things work, they do not have any idea on decentralization and peer to peer they are much used into conventional way of investing, like having an office and central figure or product that will run the whole things, which is not applicable to Bitcoin.

diahsw

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Maybe this is also a question in my mind, but after I saw and confirmed for myself, why only a few people who get it, and in my opinion those who really try to get it, so I can say bitcoin is only owned by people who have the determination and want to try hard to get it ..

dimastegar

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Small Trader

Some people cannot understand and accept BTC knowledge directly because of several factors. For example, because they are not quite right to get the main points about BTC or because they are too new to the technology. Or because they don't have the capital to get into investing.

Zionatin

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Often people become hostel when something is different or they do not understand it. It has happened through the ages. Just look at the witch trials genocides or Racism. For some reason, people feel the need to be right at all costs. Makes no sense to me because what is wrong with being wrong? Not everyone is like this though. Only the weak, however, there is still a large number of people like that and I find that most people with prejudice against one thing will normally have it against another too. The thinking behind it goes hand in hand with one another.

joinfree

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1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL

Change is one of the things which does not occur rapidly you know. Some folks have strong perceptions about the use of bitcoins such as it being a scam, not secured etc. The worst part of it all is that they are not willing to listen! It's going to take a while with such folks though.

There is another group of people who are always willing to embrace change. These are the kind of people who go the extra mile after being introduced to the use of bitcoins. I quite remember when i was first introduced to bitcoin back in the days. I got so intruiged by the technology and wanted to know more. Through my researches and out of curiosity i got scammed by $150. That did not keep me down though, i kept on reading about it and how to use it and now i am a pro Cool

I guess it'a all about the will and nothing else.

CLS63

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Quote from: jubalix on October 20, 2019, 07:29:15 PM

In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2] others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.

The demarcation lines seem to me quite stark. Any theories as to why this is?

(I understand [5] those who just don't get it or are not interested, )

I think it is more related to how a person was informed about Bitcoin and Blockchain technology. If he/she is informed with wrong knowledge, then things are getting into a bad situation.

tsaroz

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It also depends on the individual interest of the people. Some people really don't care about learning new things. In my experience the curious people are more friendly towards the blockchain technology. I have computer engineer friends that know nothing about bitcoin except it's name and friends in other professions like lawyers who are technically sound about blockchain.
And it's about legality for some, people sometimes would not want to do what is defined as illegal in their country.

Dingdongjl

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Fake news is the main reason why they are not interested because most people are already fed up by fake informations that make them to decide instantly not to listen to whatever bitcoin is.

d3nz

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It really depend on how they know or introduced to them the bitcoin. They probably know it as an investment program and didn't really know any information about the cryptocurrency and they are lacking knowledge on how to know it because some country are not supporting this kind of technology.

Much better to know on how really blockchain really works and cryptocurrrncy as an alternate paynment method also good for a long term investment just like the stock market but they really need to knoe a lot first before putting their money on this kind of program.

ChrisPop

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Not your Keys, Not your Bitcoins

It's a matter of subjectivity. It is related to the education and with what beliefs/principles those people were brought up. You can't convince someone that has been indoctrinated that the best way to save and become wealthy is by investing in gold assets or real estate. They just won't grasp the fact that a virtual currency - notice the difference - something intangible like Bitcoin can represent a better investment than a hard, tangible asset that you can actually touch and see like a house or a gold bullion.

gentlemand

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Welt Am Draht

If I knew someone who spent an hour or two studying the basic principles and they still came back with 'ponzi' I would assume they were educationally subnormal. I would understand if they were still sceptical about the security and robustness of the whole thing, but not the entire spirit of it.

Very few people will ever take the time to properly digest the information about it. Very few people take the time to form their own informed opinion on anything. They take what they're told and maybe add some of their own spin for a dash of originality and that remains their opinion for the rest of their days no matter what's thrown at them.

yoseph

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Some people are actually open minded when they start to delve into things that they don't understand and others tend to have a biased notion as well. My mom used to view everything from the Internet as being bad because of pornography and a lot of things. People mostly hate Bitcoins just because they don't trust technology, others don't get it because they don't seem ready and eager to learn anything new.

slaman29

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I don't know what's the big deal about getting bitcoin. Same as all things really if you ask me. Some people just get linkin park, and some never will.

Some hate rap without ever really understanding anything, some hate jazz, hey so what, it's a free world right? Why do we need everyone to love the same thing we do? That's the real fallacy;)

BitHodler

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Quote from: Reid on October 21, 2019, 04:17:37 AM

Some of them just live the traditional fiat or the banking system for their salary only (mandatory most of the time).
I guess it will all depend on how we can stretch those kind of examples for them to easily understand everything.

It's all people know, and they also rely on the safety provided by centralized financial institutions because people make a lot of mistakes leading to a loss of money, get scammed, and so on.... most of which will be refunded to people.

In crypto there is no such a thing as being refunded, because every mistake that leads to a loss of money is permanent and people don't want to deal with that.... they want to be spoon fed and looked after.

I never really worry about using my banking app to pay for something online, while I constantly worry about using my mobile Bitcoin client and triple check everything to make sure I haven't made a mistake somewhere. It's a pretty big deal.

Astvile

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Most people doesn't wanna go study and invest on bitcoin because how people or media introduced bitcoin to them.
Most medias is publishing unaccurate info about bitcoin that alarms the people viewing it. Some people are good on talking so they swayed users to invest in, but most of the people are just telling others that they can earn fast big cash here then due to humans natural greedyness they dove in and everything becomes bad.

Reid

hero member

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Experience could also help for them to understand it quickly.
One example is when you are using Paypal and also other transfer money companies.
Next thing that is needed is to just stretch those kind of examples which they have already used.

Some just cannot understand it. Yes, why? Those who havent even tried to broaden their knowledge about internet monetary. Some of them just live the traditional fiat or the banking system for their salary only (mandatory most of the time).
I guess it will all depend on how we can stretch those kind of examples for them to easily understand everything.

Darooghe

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People don't get it, because they have high time preference. They have responsibilities, they are barely able to pay bills, believe they need to spend a lot of time at their job. the idea of stopping and taking a break to spend a little time to learn about Bitcoin is antithesis to their entire mode of life. They feel they will get overwhelmed because Bitcoin is a very deep subject and they would never have time to learn it completely and keep their current life.

Also because of the horror stories about stolen coins and frauds, and spreading horror stories keeps demand low. Nobody wants to get involved in an Mt Gox 2.0. Furthermore Most don't understand how something that is completely digital, open source, and decentralized has value. It's funny because 99 percent of Facebook users don't understand that the billions in revenue the company makes is based on the users willingness to share private digital information. They just feel more comfortable with Facebook's "value" because they have an HQ, CEO, and thousands of employees.

lionheart78

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Quote from: Darker45 on October 21, 2019, 02:52:37 AM

This is also the very reason why a lot of common people here are falling victims to various illegal schemes using the Bitcoin or crypto brand. They cannot make even a little research before investing on something. They just focus on the ROI promise even if it is too good to be true.

Well most of them were swayed by their friends and relatives whom they trust most. For them trust is enough and does not need much research. Another reason is, people always wanted to blame someone when things goes wrong. So they put all the responsibility and blame to those who sway them into scam investment.

People have different level of understanding. Probably due to the nature of environment they are currently in. That is one huge reason why others can easily get what Bitcoin is and others simply cannot comprehend no matter how well someone explained it to them. Maybe presentation have additional factor towards Bitcoin understanding but I think, it all goes down to the capability of a person to absorb new knowledge and acquire wisdom regarding trends and technologies.

Darker45

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Quote from: yazher on October 20, 2019, 09:30:24 PM

Quote from: jubalix on October 20, 2019, 07:29:15 PM

[3] become hostile without understanding BTC tech.

Some people get annoyed when we talk about bitcoin, The fault is on those people who used the name of bitcoin for their own greed. Here in our country, there are a lot of cases where they used bitcoin as a mean of fake investment method. lats year, there was so much news on the national television about it, since then, whenever they hear about bitcoin, they will turn their faces as if they won't believe in it anymore.

~snipped~

You know what, the problem in this forsaken country of ours is that people are too confident to say something about almost everything even without the most basic of knowledge. There were countless of times I read and heard business and financial analysts, national newspaper columnists and writers, TV personalities, and so on talking about Bitcoin and cryptocurrency without the slightest clue on what they are really talking about. My god, the situation here is awfully disgusting!

This is also the very reason why a lot of common people here are falling victims to various illegal schemes using the Bitcoin or crypto brand. They cannot make even a little research before investing on something. They just focus on the ROI promise even if it is too good to be true.

xiboothrezi

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Five real categories.
This is the law of cause and effect. There must be things that cause someone to be more interested in bitcoin, or even more away from bitcoin, and so on. We know that news about bitcoin and cryptocurrency spread in many media. There are those who give a positive impression and there are those who frighten you with the various risks of loss, criminal actions, etc. that increasingly make people afraid and stay away.
In addition, the personality and passion of each person also influences. There are those who like challenges, risks, some who don't. We all know that cryptocurrency is full of risks, surprises and unpredictability.
So, be grateful for those of you who know bitcoin and want to learn it to the maximum so that you can earn money from here.

Topic: BTC, why do some people just get it, others really don't? - page 4. (Read 764 times)