Topic: Co-workers talking about bitcoin.... so much misinformation still today - page 3. (Read 5536 times)

You could possibly not be more wrong if your life depended on it. What the masses think in March 2014 is irrelevant.

See what the masses will think in March 2016, that's what's relevant. Stop worrying and hold like a man.
 

mine an ex msft employee sees it as an experiment.. Not a currency because you cant manipulate intetrst rates using bitcoin.. no banks would lend etc etc.. another said it had no fungible value since u cant pay taxes with it

When Gox went down my phone started ringing. There were a lot of "I told you so" and a couple "Sorry you lost all your coins"

Not sure why some people are so happy to see others fail. They seemed so happy that they were right and I was wrong about Bitcoin.  Little did they know.

People are so clueless when it comes to Bitcoin, mostly because they consider mainstream media as a credible source.  I used to try and correct people, now I don't bother. I figure they can figure it out for themselves down the road. I just know who to laugh at it Bitcoins do take off to where we all hope it does.  I'll be sending them all postcards from somewhere very nice.  On the back all it will say is "Wish you were here, but I told you so"

Specializing tends to mean that you can't see the larger picture as clearly as a generalist
That said we need specialists to explain bitcoin to get rid of misinformation
I do enjoy poking my bear otherwise nothing would get done and things only happen if you make them happen

Reminds me of the days people said...

H T T P COLON BACK SLASH BACK SLASH ....


meanwhile it is not even a backslash, but that sounds more "technical" than slash.

I also see every day that people are ignorant beyond possible, I just can't believe how that is possible....
And those are grown people not  6 year old ones.....

We have an uphill battle to go with the media.  For instance, lets say a few ideal things come into place within the next 6 months.  lets make some modest predictions and possible media responses to them:

Lets give ourselves a decent scenario for news in July:

-Wikipedia integrates BTC*
-US Based Exchange launches and volume surpasses btc-e within 30 days of operation.*
-Sweden recognizes BTC as secondary currency.*

So lets stir up some possible news headlines for all of these:

"Wikipedia accepts Bitcoin, but converts it all to USD immediately because they consider it "A Speculative Assett"
"Will US Based Exchange go bankrupt and get hacked like Mt Gox?"
"A country that hosts most of the worlds illegal file sharing accepts bitcoin, coincidence?"

And of course, because this is actual good news, the price would reflect that.... it is likely we would see a headling like this:

"Bitcoin barely passes $1000, still WAY off their record highs from last year.  Is the currency losing steam?"


So that just goes to show you, the media sentiment gets more attention when it does negative press on bitcoin, because they have done a good job of painting it in a dirty image, and they will do everything they can to say "I TOLD YOU SO" until no one wants to hear it anymore.  It will be an interesting year....

what this means is that $600 is still low

this is like the internet in 1999 

so true...go watch some of Mark Dice's "fake peitition" videos... idiots in California believe Martin Luther King Jr just died yesterday... etc... good grief

You should have corrected them, OP. Conveying a fact isn't the same as trying to get someone to switch to Apple or change religion. You don't need to get them into bitcoin. You just should have a reasonable try at correcting things that are factually wrong.

I know how it is, I know a lot of people don't actually want to learn anything. Just try once though. These aren't anontrolls on a Yahoo! page, these are real people you work with. It's worth a try.

Likely they're not "dumb" but simply misinformed. The question is, why would they be informed? Most people don't know what "fiat currency" means, but they use theirs fine without knowing.

The Bitcoin protocol is not universally interesting. Irrespective of how big Bitcoin gets there will never come a day when you can stop the man in the street and ask a question about miners or the blockchain and expect a cogent, accurate response. If Bitcoin is ever going to gain a significant measure of adoption among regular folk then it is vital that a comprehensive systemic understanding not be a prerequisite to its use. This shit simply doesn't matter to most people, and it shouldn't need to. They should be able to just point their phone at the barcode thingie, press the button, and know that payment has been sent.

The best we can do, in my opinion, is gently correct the major inaccuracies in simple terms (Bitcoin is a technology like email, not a company, and no one person or company controls it) and let people find out the details for themselves, if it interests them.

~everyone starts looking around their cubicles~

i said people who fear debates and would never turn up to protests, or answer back to authority, or correct a friend, due to emotions are sheeple.
sheeple panic sell due to emotions
sheeple think ethiopia is 100% anorexic, when the reality of 2014 is that they have skyscrapers and macdonalds.
sheeple believe the red cross spends more money on the poor then it does on its own buildings leases/mortgages and staffing wages
sheeple believe media and fear causing a debate

i never used the phrase "you are a sheeple" i said certain people with the attributes mentioned in last 2 posts like sheeple.

My co-workers now will come ask me first about any bitcoin news before believeing it.

You can shut down a worldwide project but you cant shut down a decentralized project..! this is why torrents are still there even after millions of $$ has been spent demolishing  the network

^ refer to post #9 ITT

I am deeply offended that you did not correct them and actually believed that Bitcoin was shutdown, you can't shutdown a worldwide project.

"The last posting from your IP was less than 360 seconds ago. Please try again later.'   I know someone from my work is on this site all the time, because every once in while i get that error. we all share the same NAT.
I wonder who you are!!!!!!

There is a lot of truth to this.

Humans are herd animals. They evolved to accept what the herd says, not to think. Herd movement provides safety. Individual movement puts you into harms way (potentially in front of the herd). While thinking is important for humans, herd still comes first.

The good news is that Bitcoin functions just fine without one bitcoin being worth a house and without all the destructive masses on board. Perhaps not what you want to hear if you are an speculator investor though.