"Everyone already knows about bitcoin" no.. no they do not.. - page 32.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: Hazir on November 21, 2016, 10:45:02 PM

I see that majority of voices in this thread say that we are in the early stage of adoption/innovation/after bug fixing period and great time will come.

Why are so sure about it when even top bitcoin figures don't believe this future?

Some examples: Mike Hearn, former bitcoin developer - "Bitcoin is a failed experiment"

Circle CEO Jeremy Allaire - "Nobody will be using bitcoin in 5 to 10 Years"

Why ordinary people should follow when leaders have no faith?

Maybe because "640k ought to be enough for anybody"?

These people may be just plain wrong, and I guess I don't even have to say that they might have an agenda. In fact, I don't know them altogether, and it might well be the first time that I read their names (I'm not very good on remembering names, to be honest). On the other hand, the same Bill Gates who allegedly said that 640k would be enough for anybody, had been saying as back as in 1995 that he "saw little commercial potential for the Internet for the next 10 years" and that he "didn't know how to spell that"

btccashacc

legendary

Activity: 1120

Merit: 1000

Quote from: spazzdla on November 21, 2016, 02:57:56 PM

Every time I go to the bank I like to ask them if they have heard of BTC, most of the time the answer is no.
I do ask a lot of people about BTC.. a restaurant near me.. near ish use to accept it as well, I asked to pay with it, they said it no longer exists.. .... ...

Most people I find still have zero idea what BTC is unless they are friends with the likes of us.. I don't think we are even in early adoption stage.. we are in "the chasm" .. it would appear we are going to survive though... appear anyways..

I dunno just something I have taken note of.

Pretty much everyone that has heard of it assumes it's worth like 5 cents and shits themselves when I say it's $1k (Cad) .. we are in very interesting times with BTC.

I live in a small island and i truly believe that i am the only one who knew and used bitcoin.
I always heard from media that bitcoin is popular, in reality bitcoin is not popular especially in my country, i could say 1 in 1 million people knows bitcoin.

Quote from: Senor.Bla on November 22, 2016, 03:22:49 AM

Quote from: samcoin on November 22, 2016, 03:07:03 AM

This isn't strange for me, in my country most of people don't know about Bitcoin, but I think this case differ from country to other, if you went to China or Brazil, you might see a lot of Bitcoin adopters and users.

i am not sure about that. china and brazil are populated with a big number of people. so if let us say 100,000 people know about bitcoin in Brazil and 100,000 in china. the for every one that knows about bitcoin you will meet 2,000 people in brazil that do not know it. and in china it would be even over 1 in 10,000. so when you are going door to door to ask about bitcoin you will have a hard time there, unless you stumble into a bitcoin meeting.

Seriously you can't compare bitcoin's enthusiast in china where the population are more than 1,357 billions people.
Well i might say that bitcoin is not popular now, however bitcoin is immature, i truly believe in 100 years later people in the rest of the world will know bitcoin.

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: myparentsdisownedme on November 21, 2016, 05:34:30 PM

Quote from: spazzdla on November 21, 2016, 02:57:56 PM

Every time I go to the bank I like to ask them if they have heard of BTC, most of the time the answer is no.
I do ask a lot of people about BTC.. a restaurant near me.. near ish use to accept it as well, I asked to pay with it, they said it no longer exists.. .... ...

Most people I find still have zero idea what BTC is unless they are friends with the likes of us.. I don't think we are even in early adoption stage.. we are in "the chasm" .. it would appear we are going to survive though... appear anyways..

I dunno just something I have taken note of.

Pretty much everyone that has heard of it assumes it's worth like 5 cents and shits themselves when I say it's $1k (Cad) .. we are in very interesting times with BTC.

Do you really ask a lot of people about it? I always assume most over 40 doesn't know

Or most under 25's in my country. Since Bitcoin were popularized by MLM company here, those who was introduced in bitcoin were late late 20's and above because they are the people who have the capacity to invest. Even early adopters of bitcoin in my country are not young adults. Reason, they don't have the capacity to buy mining rigs to mine bitcoin that time.

DimensionZ

sr. member

Activity: 350

Merit: 251

Shit, did I leave the stove on?

We could argue all day about the advantages and disadvantages of Bitcoin over the beaten to death traditional banking system but the truth is that Bitcoin is, for the moment, a niche product. If people watch the news they have probably heard about it already for a brief moment and that's it. Not everyone understands how it works, though. But that isn't necessarily a bad thing because everyone is free to use whatever form of money they wish be it digital or paper. For example, if you walk up to random guys in the street and ask them if they watch soccer most of the time they would say yes but not always. Now if you ask them if they can say the names of all the footballers in the first team of their favorite football club not all of the people who have said 'yes' could name a single footballer. The same is with Bitcoin. Interested individuals will make the effort to learn more, but the majority wouldn't care much if at all.

Juggy777

hero member

Activity: 2646

Merit: 686

Quote from: spazzdla on November 21, 2016, 02:57:56 PM

Every time I go to the bank I like to ask them if they have heard of BTC, most of the time the answer is no.
I do ask a lot of people about BTC.. a restaurant near me.. near ish use to accept it as well, I asked to pay with it, they said it no longer exists.. .... ...

Most people I find still have zero idea what BTC is unless they are friends with the likes of us.. I don't think we are even in early adoption stage.. we are in "the chasm" .. it would appear we are going to survive though... appear anyways..

I dunno just something I have taken note of.

Pretty much everyone that has heard of it assumes it's worth like 5 cents and shits themselves when I say it's $1k (Cad) .. we are in very interesting times with BTC.

This is not the first time it will happen not the last time also. Bitcoin is popular no doubt, but to assume every one is on board with it is not good. People just don't understand it and it's not difficult to understand why. There's not much marketing done for it, it's limited to users who have known it. Yes now trend is changing but it's yet to grow. Once all banks globally use it, then yes but till then it's a distant dream. So don't be surprised next time.

Senor.Bla

sr. member

Activity: 280

Merit: 253

Quote from: samcoin on November 22, 2016, 03:07:03 AM

This isn't strange for me, in my country most of people don't know about Bitcoin, but I think this case differ from country to other, if you went to China or Brazil, you might see a lot of Bitcoin adopters and users.

i am not sure about that. china and brazil are populated with a big number of people. so if let us say 100,000 people know about bitcoin in Brazil and 100,000 in china. the for every one that knows about bitcoin you will meet 2,000 people in brazil that do not know it. and in china it would be even over 1 in 10,000. so when you are going door to door to ask about bitcoin you will have a hard time there, unless you stumble into a bitcoin meeting.

samcoin

hero member

Activity: 1358

Merit: 582

Leading Crypto Sports Betting & Casino Platform

This isn't strange for me, in my country most of people don't know about Bitcoin, but I think this case differ from country to other, if you went to China or Brazil, you might see a lot of Bitcoin adopters and users.

davis196

hero member

Activity: 3150

Merit: 937

Quote from: spazzdla on November 21, 2016, 02:57:56 PM

Every time I go to the bank I like to ask them if they have heard of BTC, most of the time the answer is no.
I do ask a lot of people about BTC.. a restaurant near me.. near ish use to accept it as well, I asked to pay with it, they said it no longer exists.. .... ...

Most people I find still have zero idea what BTC is unless they are friends with the likes of us.. I don't think we are even in early adoption stage.. we are in "the chasm" .. it would appear we are going to survive though... appear anyways..

I dunno just something I have taken note of.

Pretty much everyone that has heard of it assumes it's worth like 5 cents and shits themselves when I say it's $1k (Cad) .. we are in very interesting times with BTC.

Yeah,that`s true.Nobody knows about bitcoin and most of the people don`t know

how bitcoin or the blockchain works.

We have to promote btc more.

isen

sr. member

Activity: 854

Merit: 250

There is a big difference between someone who actually knows about Bitcoin and someone who just heard about it, surprisingly enough I met many people from the second category but the problem is that their opinion about Bitcoin is manipulated by mass media and the lies they spread, I don't think any of them will use Bitcoin in the near future.
But I agree with OP that we are still in an early stage, younger generations will be more open minded than the current one and we will see much more people using cryptos in the forthcoming years.

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

We are close friends of a family in our area, where the wife is a bank manager of one of the local banks. She has gone to some seminars about Bitcoin, that was hosted by the bank. She says, they do not fear Bitcoin, because banks have the support of the government and Bitcoin is still in a grey area.

She is also confident that Bitcoin would never disrupt the banking system, but it might grab a percentage of their customers. The banks will always have a role, whenever fiat is involved. They have the monopoly on fiat with the help from governments. ^hmmmm^

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

I know people from various fields - even IT - that don't know and don't care about Bitcoin (even if I tried to tell them).
So what?
We are still a niche and this give us the time to accumulate. They will miss that chance.

springgers

sr. member

Activity: 294

Merit: 251

Quote from: InvoKing on November 21, 2016, 03:34:32 PM

Anyone know where is located Nauru Island or Belize in this world? No.. No they do not
Anyone know what is their currency? No.. They do not
Anyone know the previous president of Philippines? No.. They do not

Good reply...

People can see Bitcoin in the news but they forgot because they don't use it, maybe if Bitcoin start to appears 10 times a day for a year so people can remember.

I was imagining the OP asking random people in the streets Cheesy

Maybe they know BTC but they thinked you are promoting some cloud mining(ponzi schemes) Cheesy

jk, I don't think 10% of the world knows the cryptocurrencies.

jossiel

hero member

Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

Quote from: Harry Callahan on November 21, 2016, 10:01:25 PM

Less than ten years is still an early adaptation of bitcoin. i do think that bitcoin will be split further more in decimals to accommodate everyone in future . People who know about bitcoin is less than a million and people who really use it are far less than that.It will take time for everyone to get accustomed to.

And even ten years is not even enough to let the people know things about bitcoin. Because just think about of how many people are living in this world.

The world is too wide to explore with bitcoins but because of technology we may say that it is going to be fast.

It is just going to depend on how we are going to advertise bitcoin to our friends with the use of different social media platforms and blogs.

That is a good way to let others know what bitcoin is.

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

I see that majority of voices in this thread say that we are in the early stage of adoption/innovation/after bug fixing period and great time will come.

Why are so sure about it when even top bitcoin figures don't believe this future?

Some examples: Mike Hearn, former bitcoin developer - "Bitcoin is a failed experiment"

Circle CEO Jeremy Allaire - "Nobody will be using bitcoin in 5 to 10 Years"

Why ordinary people should follow when leaders have no faith?

n0ne

hero member

Activity: 2618

Merit: 548

DGbet.fun - Crypto Sportsbook

Now the word digital currency had started to roll on more conversation, as well people had started to talk about these on financial debate programs, but this has been never explained to the public technically. So soon we can see countries getting into complete use of digital currencies. When such incident happens people might understand easily what it is and the accessibilities.

Harry Callahan

sr. member

Activity: 350

Merit: 250

Less than ten years is still an early adaptation of bitcoin. i do think that bitcoin will be split further more in decimals to accommodate everyone in future . People who know about bitcoin is less than a million and people who really use it are far less than that.It will take time for everyone to get accustomed to.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: spazzdla on November 21, 2016, 02:57:56 PM

Every time I go to the bank I like to ask them if they have heard of BTC, most of the time the answer is no.
I do ask a lot of people about BTC.. a restaurant near me.. near ish use to accept it as well, I asked to pay with it, they said it no longer exists.. .... ...

Most people I find still have zero idea what BTC is unless they are friends with the likes of us.. I don't think we are even in early adoption stage.. we are in "the chasm" .. it would appear we are going to survive though... appear anyways..

I dunno just something I have taken note of.

Pretty much everyone that has heard of it assumes it's worth like 5 cents and shits themselves when I say it's $1k (Cad) .. we are in very interesting times with BTC.

You have to also ask yourself if there is really a need for them to know what Bitcoin is? Will it really help their lives become better than it is now? They receive their salaries in fiat, their savings are in fiat, all they need and want can be bought in fiat/credit card. So is there really a need for them to use Bitcoin? No, unless he or she is a drug addict wanting to buy drugs safely from the dark market or he or she wants the company of an escort or gigolo from the postings at Backpages.

Bitcoin is better used for illegal stuff. Accept it, that is Bitcoin's main market.

groll

sr. member

Activity: 336

Merit: 250

Quote from: sherbyspark on November 21, 2016, 04:02:08 PM

Not surprising that they haven't heard of it. None of my family members know much about it either except for the fact that it has some value. The only people who follow the internet news would have likely heard about it. Its very rare to have a new article about it too.

Yeah it is true that only people who are using the internet have likely heard about bitcoin. Here in my country, not all people here have the access in the internet. And not all who access the internet have the knowledge about bitcoin. Maybe for now, many but not everyone has already known bitcoin. And maybe it will take more years for bitcoin to be known by everyone in this planet.

SmartIphone

legendary

Activity: 1204

Merit: 1000

Quote from: spazzdla on November 21, 2016, 02:57:56 PM

Every time I go to the bank I like to ask them if they have heard of BTC, most of the time the answer is no.
I do ask a lot of people about BTC.. a restaurant near me.. near ish use to accept it as well, I asked to pay with it, they said it no longer exists.. .... ...

Most people I find still have zero idea what BTC is unless they are friends with the likes of us.. I don't think we are even in early adoption stage.. we are in "the chasm" .. it would appear we are going to survive though... appear anyways..

I dunno just something I have taken note of.

Pretty much everyone that has heard of it assumes it's worth like 5 cents and shits themselves when I say it's $1k (Cad) .. we are in very interesting times with BTC.

Seems you are advertising bitcoin in your city and the community should be thankful to you

I don't ask people if they accept bitcoin or not because I don't want to spend them neither to insist them to invest because they would be afraid investing in something online.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: spazzdla on November 21, 2016, 02:57:56 PM

Every time I go to the bank I like to ask them if they have heard of BTC, most of the time the answer is no.
I do ask a lot of people about BTC.. a restaurant near me.. near ish use to accept it as well, I asked to pay with it, they said it no longer exists.. .... ...

You won't get anything if a try for ask about bitcoin with their employees but the result will be different if we were asking about that with his head division or someone was contributing to their development institution like corporate leaders.

Quote from: spazzdla on November 21, 2016, 02:57:56 PM

Most people I find still have zero idea what BTC is unless they are friends with the likes of us.. I don't think we are even in early adoption stage.. we are in "the chasm" .. it would appear we are going to survive though... appear anyways..

it wasn't becoming the common thing in our community, it's normal.

Topic: "Everyone already knows about bitcoin" no.. no they do not.. - page 32. (Read 14833 times)