Topic: If one like decentralization they will surely want Bitcoin? - page 2. (Read 496 times)

People will not listen to your words but they always be impressed with the money you earn so try to convince others with the help of you actions rather than your words. Bitcoin is one of the most admirable currency due to its success and decentralized nature.

Bitcoin is decentralized currency therefore it is possible to keep your bitcoin in your control as bitcoin can give you much more benefits if you manage all the things via using your knowledge and experience.

People are in fear regarding bitcoin when the realize that it has also some risks and if risk was not there then everyone will be there for investment but they don't know the reality that accepting risk will make you rich.

Agreed, I don't think decentralization will interest many people, but when it comes to money, the profit is that no one will refuse it. Honestly, if I were to recommend bitcoin to someone, I would also emphasize profit and then risk, because in investing, those are the two top concerns of anyone. I think of other features like decentralization, peer-to-peer or use as currency, store of value... things they can learn on their own after investing in bitcoin. Sometimes let them discover for themselves, and they will understand and love bitcoin more than we just show them everything.

That sum up what is important. The context. OP suggests that money is involved since that is what people mainly ask about. I believe shifting the topic specifically to decentralization would rather make it uninteresting if the goal was to spread Bitcoin adoption. Actually motive of getting money is normal, many people seek that, given that, if we tell about the nitty-gritty of the technical stuff people would lose interest.

So OP should rather customize the topic and shift the context to stuff like what makes Bitcoin valuable, and scarce, the aspect of game theory and other things that relates to how Bitcoin gains its value.

I have seen some people who are in my area interested in investing if I give them some knowledge about Bitcoin, but they hold back because they don't have enough money. Teaching them something specific about Bitcoin will surely make them believe in Bitcoin and rush to invest in Bitcoin. Since there are people who don't like decentralization and they don't like Bitcoin, I think if those people are well educated about Bitcoin, they will like Bitcoin. It is true that one should never force someone to learn about Bitcoin but rather support a person if he is interested in investing in Bitcoin. But people who are well educated about Bitcoin can never be forced to go the opposite direction and not believe in Bitcoin. But we are able to make enough money from Bitcoin that any knowledgeable person who wants to know about Bitcoin on their own should be informed.

Although decentralization is the most prominent feature of bitcoin and makes its name. But when it comes to bitcoin, it is not only a decentralized asset but can also be used as a currency, a payment method with low and fast transaction fees, or a profitable investment...So let's assess each person's needs so we can recommend bitcoin in a way customized to their preferences. If I'm looking for a store of value to keep my assets safe, but your focus is on introducing the profit or convenience of using bitcoin as currency, I definitely wouldn't care what you are saying.

A good market or product sells itself, Bitcoin has graduated from the stage in which you tell people it is a must-have because of its decentralization nature. There is something we have to understand,  Bitcoin is for everybody and not for everyone, meaning it is made available for anyone who wants to embrace it, and on the other hand, not everyone that heard of Bitcoin will like or adopt and use Bitcoin, no matter what good they know of Bitcoin.

Why do you need to focus on the question of how you make money on the Internet? Especially to talk about Bitcoin to those who have heard about it only from the standpoint of the media? From experience, I can say that this is a simple waste of both time and energy. If people initially have a wall to accept and correctly understand whatever you say, skepticism will prevail.
Posts like this appear very often on the forum. I respect people for their desire to help people, but there is a rule: do not "cause good" where you are not asked.
If people go forward, help them and give them a fishing rod.

Bitcoin's decentralization value proposition is not interesting or essential enough for many people. The "limited" functionalities make other cryptocurrencies project lucrative, the one which offers smart contract is more diverse and filled with many things such as defi, NFT, and P2E.

Also the context and the motive of the other person are truly substantial. There is no point talking about decentralization, where the other is not necessarily require them or making it a priority. So instead of shifting the introduction from bitcoin to decentralization, you should adjust to actual use cases and seek the motive that the other person trying to achieve or find.

I'm not really sure the condition in your area where you live and your neighbor, but I'm the one who's not show anything and it seems everyone including my friend, my neighbor, my family etc don't know what I doing and what I have.

I can afford to buy expensive thing, but I choose to not buy it and invest in Bitcoin, where no one will know about my wealth.

In my area, owning a motorcycle is normal. Right now I only have an old motorcycle, while my neighbor have 2 sporty motorcycles, a car, a business, etc where it make me look become the poorest among them.

Most crypto industry participants prioritize profits over privacy and decentralization.  that's also why we see many people using centralized exchanges and they don't care even if they need KYC to use it.  profit and convenience are still the choice of the majority, not decentralization.


Shitcoins are really too risky and they are too centralized, not decentralized like bitcoin. but undeniably, they are giving much better returns than bitcoin and that's why many people don't invest in bitcoin but prefer shitcoin. Again, profit is their primary concern.

Probably. Bitcoin is decentralization. If one doesn't like decentralization, then it's safe to conclude that he/she doesn't also like Bitcoin. However, taking into consideration what you further mentioned below, it is very possible that people don't like decentralization but they like money more. Whether they dislike decentralization or not is not the most important concern. If they're going to make money out of something decentralized, then it's possible they're willing to get into it. Never mind if it's decentralized or not.

I know of a number of individuals who don't like shitcoins but they have them just the same because they could multiply several times more quickly.

Worry less and don't bother about those people knowing about decentralization because they wouldn't listen to you since you are not showing them how to make money from their own understanding. It isn't compulsory for you to tell everyone around you how you make money because you might be exposing yourself to danger. Allow bitcoin to speak for itself and you will see that sooner or later,when they the zeal of learning about bitcoin,they will come to you. And you should also know that bitcoin is not a get rich quick project and those person that you are talking to might be eager to get money immediately.

Sometime some people only trying to looking for relevant conversation topic that they don't really interested in it, just to make good atmosphere. Actually what you did is still okay, in marketing you can make someone want to buy a goods although they don't want it at first. for example someone go to work, and on the way the person see a banner about a product, today the person don't have intention to buy that product but there is big probability that few days after that the person will have intention to buy that product because the banner was already inside the person's brain, that is one of techniques that marketer use. I think you should start with profit that you get, but if it not so convincing then maybe you can share about other people's big profit.

That's because they don't understand bitcoin yet and honestly, everyone wants to make easy money, including us. When we first heard about bitcoin, we also used to think that it was possible to make a lot of money and quickly from it. But when we understood everything, we knew that it was not so easy. So it's not surprising that newbies who don't know anything about bitcoin want to make easy money. But I think introducing bitcoin's decentralization while their goal is to make money, that won't work.

You need to provide what they need in order for them to care about it. If they want to make money, then you recommend bitcoin as an investment to them, they want privacy to protect their assets, and you introduce decentralization to them, you need flexibility when suggesting bitcoin for someone.

Man, you don't have to be following people to accept bitcoin. Anyone who is interested in learning more about bitcoin will find a method to do so. You mentioned that many of them are aware of bitcoin but aren't interested in getting on board. Since you are aware that we don't force people to work in the sector, you may just put up with them. They will arrive, learn more about it, and accept it when they are prepared.


Yeah, I think telling them how decentralized bitcoin is will make them understand more about it and the kind of freedom it gives financially, so you can see that with this reason, it will give them another motivation, and maybe it will make you achieve your goal, which is that you want them to accept what you bring for them, i.e., they should accept bitcoin.
 


You are aware that some individuals hold to the reality they are told, and you believe that by informing them where your money comes from, they will accept bitcoin. However, some individuals can inquire about your source of income if they believe you are not working based on your spending habits. I believe that's the reason they're asking. However, you can instruct someone if they approach you and declare that they wish to learn.

And since you've indicated that the majority of your income comes from trading bitcoins, I believe that if you tell them how you make money, most of them might not focus on learning the essential skills required before beginning to make money. Let them learn the fundamentals if they come to your place to learn; don't tell them how much you make or how things work. If not, all they will want is to get to the point of receiving money, which is undesirable. without having the necessary background.

It depends on how the other person responds to the conversation I guess.
When indeed talking to people who do not know what bitcoin is and even tend to dislike bitcoin then actually discussing this will seem useless because it will only waste energy with endless debates.
On the other hand, it will be a different story if you talk to people who are already here.
So I think for things like this the conclusion that can be drawn is actually only reflecting on one object for you but indeed when talking about decentralization then bitcoin is the right answer but only those who already know about bitcoin feel this is true.

I think Bitcoin has past the point where we have to convince people about the potentials of bitcoin and the power of decentralized cryptocurrency. This is 2023, bitcoin is now a household name, anyone who hasn’t heard of bitcoin by now is probably living in a cave. The thing is some people do not have a problem with centralization, they trust the system to have their best interest at heart. Such people even come into the crypto space and solely patronize centralized exchanges and custodial wallets. It is physically and mentally draining to educate such persons, tbh I don’t think it’s worth the time. People will learn and unlearn after having bad experiences.

^ In such situations, you have every right to maintain your privacy and not disclose sensitive information about your income sources, including BTC trading or any other personal ventures. You can gracefully steer the conversation away from discussing your financial activities if you feel uncomfortable sharing that information because I think conversations about financial matters can be sensitive and should be handled with discretion. If you wish to avoid unnecessary discussions or potential misunderstandings, you can focus on other interests or topics that are more comfortable for both parties involved because, for me, there should be healthy conversations that are built on mutual respect and understanding.

To successfully persuade others about Bitcoin's decentralized features, it's essential to provide a comprehensive explanation of its benefits. Show them how Bitcoin can revolutionize the global financial system by eliminating the need for third-party intermediaries. Highlight the advantages of working globally and receiving money without hassles, free from monitoring or control like fiat currency. By helping them understand these advantages, they will realize how Bitcoin can significantly improve their lives and financial interactions.

I don't think so. Even bitcoin today isn't that much decentralized as we expected it to be. Yes it runs on its own and obviously, the transaction approval process is altogether decentralized but KYCs have messed up everything. Eventually, governments can track people through KYCs and force them to reverse the transactions. This means a central authority might not be able to interfere on the chain itself but it can manipulate or even force people using the chain to do actions against their will. But yes if a person even hates decentralized payment processing then obviously, why would he like Bitcoin?