Topic: How to become knowledgeable about bitcoin and not panic on the noise (Read 112 times)

It's easy for newcomers to give into FUD, but the community is growing as people learn more about crypto and the inevitable upswing that it's having. It's important to support people who have questions so more people aren't reluctant to get involved.

Now is easy finding out things you don't no on the internet
And is growing even faster than you can think . The usage of the internet keeps increasing each day. If you want to have more knowledge about bitcoin you google or watch it on YouTube.

I agree everything about internet and technology grows so fast right now. If mass people will only understand its true potential and not just for rich quick schemes. I believe that the development process will be shortened. Though the greed of human behavior is slowing it down and big investors are taking advantage of it. I'd been an advocate of preaching about the deep understanding of blockchain technology so everyone can benefit from it in the future and not just use it for short-term investment.  Investing in yourself is the best investment you can make.

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The reason why some people fall in the category you listed above is because of lack of knowledge and nothing kills faster than that. It might not be a natural death, but any knowledge that could be financial freedom or give an advantage over others ignored, amount to death in that regard. For me, and a whole lot of others that are more subtle with the situation of things, we did not develop thick skin by default but constant acquisition of knowledge on the subject matter.

I was on LinkedIn not too long ago where I read conversation that relates to bitcoin but what surprises me, was a platform that could be adjudged to be a gathering of professionals, people could make some conclusions without even taking their time to understand to find out whether their believe is even valid or not. Hopefully, they can wake up and realize the potentials before its too late.

Most people oppose bitcoin simply because they don't understand the potential of it changing the world. During the advent of the internet, many people thought that this another innovation waiting to fail since they don't see any practical use for it; they are still living through telegrams, fax machines, snail mails.. basically the olden times. When they realized that the internet is very practical in sending and receiving data, many startups popped up that utilizes the internet which then resulted to the dotcom bubble. After that, the internet still exists today and has been a great avenue in sending and receiving vital information from across borders. In the case of bitcoin, if people only realize this, imagine the growth it could bring..

As you said, bitcoin and the blockchain technology is as the internet in the latest 80's, and, as well as the internet in this period, people are used to finding it too complicated. If you remember the whole process of change the internet has suffered from the past three decades, one thing is obvious: the development of tools easier to understand made able the approach by the common people to this technology. When computers began to use a graphics mode with those ancients windows like the 3.11, the people began to approach the computers, something they were used to be for professionals only.
Meantime, platforms like Yahoo o messenger began to ease the communication between people, the emails clients as the old Arrakis, and co.

Now, we have the blockchain technology rising up. This is the beginning of the internet "money" and currency of exchange. As well as had happened with the other's advances, as in communication, the blockchain tech will be taking its place, step by step.
Do not forget one point: internet advances grow really fast.
Those who understood at the very beginning the google potential, for instance, are millionaires now. For they believed in the opportunity and took it. Of course, the mere system of a search engine was somehow abstract at the very beginning, and I'm sure, difficult to many. But, with time, Google is used by my grandparents daily, for it made its own path towards easiness in its use.
This is happening the same in here. Yes, this can be difficult for many to understand the abstract system of the crypto world, all those new and strange concepts, and the use of a wallet. Yes, of course. But, eventually, they will be made some platforms to ease their lives. The problem? It will be late for them. They will be able to use the tools, but this is going to be late in the sense of investment.

An early approach always opens doors for those willing to learn. Yes, it is difficult. But it worthly.

You just have to spread your knowledge to the people that don't know how it works.
When they become accustomed to bitcoin and start grasping how it works, they will pass it on, etc etc ...
In the end, in the coming currency wars, people will remember what was good for them, and will avoid what was bad.

It's only a matter of time, really, before bitcoin goes mainstrain and held by everybody for what it is.

BTC Is Bitcoin too complicated for ordinary folks? Why everyone is panicking but we know to ourselves that we are on its early stage. Bitcoin is like the Internet in the 1980s. This technology’s going to work. It’s going to be game-changing, but it’s very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there’s nothing but upside from here on out.

Amazing how people suddenly realize they don’t own their data on Facebook. Let’s see how they react when they find out they dont own the money in their bank accounts either. Even institutional investors and market wizards are investing on it already.

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