I should be pretty obvious to most people who walk outside of their houses and talk to people on a daily basis that there are definitely a ton of people that don't know what Bitcoin is, what it does or how it is used. I'm not sure how someone could be so naive as to believe that everyone knows what Bitcoin is.
As for financial institutions not knowing what Bitcoin is; I'm 99% sure most employees don't know what it is, but the companies themselves likely know what it is.
Topic: "Everyone already knows about bitcoin" no.. no they do not.. - page 33. (Read 14833 times)
I agree that we are at an earlier stage of the adoption cycle than most people here tend to think. The perception of people within a group of shared convictions tends to be distorted regarding the number of other people share the same convictions. The simple reason is that Bitcoiners tend to have more friends that are also Bitcoiners or at least open towards Bitcoin. In addition, Bitcoiners spend much more time on following Bitcoin news that regular people. The result is a huge overestimation of the current impact of Bitcoin in the real world.
If I had to guess, I'd say that we are still below 1% of the total potential in terms of adoption - not even having reached "the chasm". However if the right circumstances align and Bitcoin becomes mature in terms of usability I think that mass adoption will be much faster than the early growth we've experienced until today.
ya.ya.yo!
If I had to guess, I'd say that we are still below 1% of the total potential in terms of adoption - not even having reached "the chasm". However if the right circumstances align and Bitcoin becomes mature in terms of usability I think that mass adoption will be much faster than the early growth we've experienced until today.
ya.ya.yo!
The number of people who know about it is low. In addition to the fact that few people are aware of this, there is an even smaller portion of people who understand the tech and its impacts on the economy. But it will not take long until the number of people who know and use Bitcoin increases, the Bitcoin network effect is real.
I think if you talk to people in the 20 year range, most will have heard about it
Not sre about most girls though
If you on campuses a lot of people have heard of it
Not sre about most girls though
If you on campuses a lot of people have heard of it
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 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
You don't have to worry for the growth of the bitcoin, because everything is already in the stage of growth so that all is not something difficult for bitcoin to be accepted by everyone. Most people who do not yet have the level of popularity will certainly be difficult to convict all those who haven't come to know something they have yet to know. So give a very massive advertising and does not indicate that we are doing the introduction of bitcoin.
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 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
Just trying to say I think we are here.. With the price on a steady rise.. I think we are going to move out of the chasm.. Hold onto your hats. Also that chasm is in the wrong section with a % at way higher then we are at.
nah.. i think this is a better realisation. and yes the labels have shifted for a good reason
we have had alot of "bug fixing".. but innovation has only just begun.
and im not talking about sidechains or LN. im talking about ONCHAIN features. like better smart contracts and better ONCHAIN capacity
It takes a lot more to go mainstream than people knowing about it. People need hand holding and support ongoing.
From my experience, I think it starts to be better and better within last one or two years. For example few weeks ago, I saw a BTC ATM machine in a shopping centre in Prague (Czech Republic). I think you can find aprox. 3-4 ATMs in the city already! Many people are passing the ATM machines with BTC sign every day, so I believe it will increase the general knowledge about the topic. On the other hand, recently, our minister of finance said on public, he didn't know what bitcoin is, so it's sad when even the leaders of finance sector don't know, that bitcoin exists. 
Good thing about the story is, after that there were many articles in newspapers and on the web about bitcoin and people were more interested, and then somebody took a photo of the minister trying to buy some bitcoins from the ATM machine. 
I think these small things make a difference and I believe bitcoin will be adopted (at least by early majority), within next 5-10 years. But now it's up to us, inovators or early adopters to promote our belowed cryptocurrency.
Good thing about the story is, after that there were many articles in newspapers and on the web about bitcoin and people were more interested, and then somebody took a photo of the minister trying to buy some bitcoins from the ATM machine. I think these small things make a difference and I believe bitcoin will be adopted (at least by early majority), within next 5-10 years. But now it's up to us, inovators or early adopters to promote our belowed cryptocurrency.
Yeah a lot of people are trapped in the bitcoin bubble and think that everyone has heard about it. i would have to say that the only people who know about bitcoin in my circle of friends would be those that i have told.
it's definitely felt very chasmy over the last few years, but perhaps there are also mini chasms in each degree of that scale. personally i think we're in a chasm of the innovator phase. we haven't even started to early adopt yet.
Just trying to say I think we are here.. With the price on a steady rise.. I think we are going to move out of the chasm.. Hold onto your hats. Also that chasm is in the wrong section with a % at way higher then we are at.
People here in our province dont really know what btc is, well some of them know it, some really want it and some just really dont care. I think if someone here introduces btc that is having fortune through it, it will make these people interested. But the problem is, not all people here knows how to use computers. Some people here do jobs like farming and agricultural jobs. They really dont care in computers, especially bitcoins
People barely know how to use the chip in their debit cards. This is why bitcoin still has a lot of growth before it becomes a common form of payment.
Also, they very thing we love about bitcoin (decentralization) is the very thing that keeps many people away from it.
Also, they very thing we love about bitcoin (decentralization) is the very thing that keeps many people away from it.
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.
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 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 doesn't really tell us anything
You ask strangers about Bitcoin and expect them to make a clean breast of using it? Would you yourself tell anyone whom you don't know altogether if they asked you exactly the same question? I'm strongly inclined to think that most bitcoiners would feign total innocence and ask in reply what is it and that they hear about Bitcoin for the first time in their entire life. Really, why would anyone want to know if you are using Bitcoin? In fact, once upon a time I was asked essentially the same question, though not by a stranger but by a friend of sorts, and I answered with the most possible indifference, as if in passing, that I heard something about it being a virtual digital currency
well many know of the dollar.
but around the world 6.6billion do not know how many loaves of bread you can buy with $10 (only about 320mill truely know.. roughly)
but around the world 7billion do not know that its mortgages/loans that are the route of money creaction (only sat 100mill know roughly)
so even though people "know" the dollar.. they dont actually KNOW the dollar.
same goes for any currency, including bitcoin.
you may hear it exists and is used by millions but dont expect people to know how it works or its "values"
but around the world 6.6billion do not know how many loaves of bread you can buy with $10 (only about 320mill truely know.. roughly)
but around the world 7billion do not know that its mortgages/loans that are the route of money creaction (only sat 100mill know roughly)
so even though people "know" the dollar.. they dont actually KNOW the dollar.
same goes for any currency, including bitcoin.
you may hear it exists and is used by millions but dont expect people to know how it works or its "values"
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 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.
A lot of people that know about bitcoins are tech savvy or follow financial news. I am surprised by the amount of people that know about bitcoins within my own social circle.
most people have not heard about it. some have heard about it, but could not explain what it is. bitcoin is still in a state where it can go both ways. bitcoin dies and people were right to ignore it or it will become known and people will be hating themselves for not having invested in the early days.
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