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Topic: Introducing bitcoin to local communities/villagers (Read 419 times)

sr. member
Activity: 1097
Merit: 310
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I don't think poor villagers should be learning about Bitcoin trading as it needs investment. I get the whole idea to associate Bitcoin with a way to grow wealth, but its major usecase is as a store of value, which means the holder already has some money to invest in it and hedge against inflation.

Those locals should be learning skills they can use to earn a living without much capital. OP you can try partnering with some NGO to bring such training there and with time some can earn enough to be able to buy a few days and start building their stash.

I think it is a waste of time because these villagers are only interested in survival. These youths need vocational and technical education to enable them to earn some income. Where do you expect an unemployed youth to get money to invest in bitcoin? From your teaching environment, I am not sure your targets or audience understood most of what you are explaining.

And it is glaring that you are introducing Bitcoin to them as a get-rich scheme because you are introducing it to them as an immediate source of income. 
Informing one about Bitcoin does not require investment. One can also gain knowledge about Bitcoin and Cryptocurrencies only which can be utilized later. Moreover, the price of Bitcoin was not so valuable in the beginning. Maybe a little expensive altcoin can change one's fortunes.
If someone wants to know about Bitcoin then it is our responsibility to explain it to them. Because the more people know about Bitcoin, the more popular Bitcoin will grow. You seem to be not very interested in Bitcoin. I feel that from your post. But I  I don't know how much you love bitcoin but I think the more popular bitcoin gets, the more bitcoin price will go up. Hopefully bitcoin will get better.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
Sometimes people misunderstood the basic things of bitcoin, because I believed that introducing bitcoin the villagers cannot reduce or liberates them from the ratio or rate of poverty, my reasons is that Bitcoin cannot give them a quick money rather sort out their financial challenges,  because from initial people has been encouraged to use their reserved money for investment of bitcoin due to the disadvantage might occur during the time of investment,  and from my perspective I don't think its ideal to educate someone who is aged of bitcoin because it won't be able to comprehend fast the usage and functions of bitcoin in a manner a young adult will understand bitcoin.
hero member
Activity: 994
Merit: 552
Introducing Bitcoin to local communities and villages can have its own set of benefits and challenges. On the one hand, this can provide opportunities for financial inclusion and empowerment, especially for those who may not have access to the traditional banking system. It can also facilitate cross-border transactions and potentially increase economic activity in the area.
Its not always have advantage side when introducing about Bitcoin to local communities because can't guarantee with bitcoin keep stable and higher price before getting impact when bitcoin price drop. I agreed with many people try to introduce bitcoin for their local communities but many of them not respect to us when bitcoin going dump.

Having bad experienced and respond from many people when getting loss but some of them forget us when earn profit from Bitcoin, but use bitcoin as payment currencies is better than traditional banking system without give advantage for member after long time saving their money in the bank.
sr. member
Activity: 462
Merit: 603
Pizza Maker 2023 | Bitcoinbeer.events
You have done well but my concern is what are they going to invest? Bitcoin investment is not a business you venture into and you will long for profit in the next six months, you might say you have taught them about entrepreneurship and all but I think what is best for them is a business that will give them a daily income and after this, they might save to invest. You can't do it all but this is just a suggestion.

Bitcoin must not be an investment to make a profit but it must be an investment made with the awareness that you are freeing yourself from the chains that oppress your financial freedom and especially in countries like those of OP they give you the opportunity to shelter your savings given that the majority or almost all are unbanked.
sr. member
Activity: 616
Merit: 274
Folks, my village is too poor and local, no beauty, no good living. Each time I remember them, I shed tears because nothing enticing about us. Our father's need help, our mother's sold leafs and fruits for survival, children are unhealthy, youths are uneducated and jobless, there is no good communication network in my communities, government never cares about us, is been ages of living like the bushmen and massacre.

Surely there must be something that you must be proud of in your village. I always like to also notice the good things in any bad situation and while you would say there isn’t any beauty in your village, I’m sure there are people who would think differently about it.

That being said, I don’t mean to trample on your efforts to try and introduce bitcoin to the residents of your community but what exactly would you have them do with the information. You mentioned that the locals are too poor; how then do you expect them to set aside money from the little they’ve got to either invest or trade in bitcoin. Most likely they won’t be inclined to part with their hard earned fiat currency to invest in something they probably haven’t heard about before.

Would you also let them in on how volatile bitcoin is and how very quickly they could lose their money with trading? Bitcoin cannot solve all the problems of man and I doubt it could much to help alleviate your village from poverty.
It might be difficult but you should consider holding your representatives in government more accountable like you guys did with having network connection in your community.
member
Activity: 532
Merit: 13
You have done well but my concern is what are they going to invest? Bitcoin investment is not a business you venture into and you will long for profit in the next six months, you might say you have taught them about entrepreneurship and all but I think what is best for them is a business that will give them a daily income and after this, they might save to invest. You can't do it all but this is just a suggestion.
hero member
Activity: 1148
Merit: 518
Introducing Bitcoin to local communities and villages can have its own set of benefits and challenges. On the one hand, this can provide opportunities for financial inclusion and empowerment, especially for those who may not have access to the traditional banking system. It can also facilitate cross-border transactions and potentially increase economic activity in the area.

It is important to note that Bitcoin and other cryptocurrencies can be volatile and risky investments. It is very important to educate individuals about the potential risks and benefits of using Bitcoin for transactions.

And the work you do with introducing a Bitcoin trading system may require significant infrastructure and technology support, which may not be available in some communities in the form of introducing a mobile banking system or other digital payment platform that is more accessible and easier to use for those with access to technology. limited.
Bitcoin is a volatile and versatile project in the space, it's served multiple tasks. Introducing Bitcoin to the undeveloped minds, people that have no single idea on what cryptocurrency is all about is definitely a difficult tasks and there's more harms to be done to them if they're not proceeding with good basis of crypto. Buying gifts and sharing it within the villagers brings them more hope for a better future, and the serious ones will achieved their dreams while the ones with doubts will hinder to take a step further in the space.
member
Activity: 403
Merit: 41

I promised the communities to do this with them as many times as we can to enabled everyone learns something outside education. Believe me folks, anybody can touch lives with your gifts, skills and talents. Everybody was following and celebrating as a new light of the village.


Introducing Bitcoin to local communities and villages can have its own set of benefits and challenges. On the one hand, this can provide opportunities for financial inclusion and empowerment, especially for those who may not have access to the traditional banking system. It can also facilitate cross-border transactions and potentially increase economic activity in the area.

It is important to note that Bitcoin and other cryptocurrencies can be volatile and risky investments. It is very important to educate individuals about the potential risks and benefits of using Bitcoin for transactions.

And the work you do with introducing a Bitcoin trading system may require significant infrastructure and technology support, which may not be available in some communities in the form of introducing a mobile banking system or other digital payment platform that is more accessible and easier to use for those with access to technology. limited.
member
Activity: 198
Merit: 10
COMBO Network ex COCOS-BCX
I think, truly admirable that you and your friends have taken the initiative to bring positive change to your community. It's not easy to make a difference, especially when you don't have access to resources or power.

However, I do have some concerns about Bitcoin trading in general. While it can be a lucrative investment opportunity, it's also quite risky and volatile.

I mean, introducing a bitcoin trading system is a really innovative idea. It's great that you're helping to educate the youths in your community about this digital trading system. It's a skill that can help them earn money and build a better future for themselves.

I hope that you and your team are providing the villagers with a thorough education about the risks involved and the importance of responsible investing.
hero member
Activity: 616
Merit: 509
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Don't see a bitcoin banner or any video which can point out that the agenda of the meeting is all about bitcoin. Maybe this is another village meeting for another village need and you just randomly add bitcoin at the topic
Exactly my first take of this topic when I saw it, I can't actually trace any proof or anything that actually points out, if truly you are actually lecturing bitcoin here to these people but nonetheless is still a wonderful idea but I think you should go extra with More details so as to tell the forum users or community that you are truly teaching bitcoin. I have come across many folks do great work similar to this in their locality and its good to see the rapid spread of bitcoin. I myself is cooking some big plans to massively create awareness of bitcoin in my hometown and since am fully aware of the advantages is only good and proper for me to share with everyone the knowledge or guide them to way to financial freedom.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Don't see a bitcoin banner or any video which can point out that the agenda of the meeting is all about bitcoin. Maybe this is another village meeting for another village need and you just randomly add bitcoin at the topic which is still good to introduce, but make sure you introduce it to them very well and they not create any false hope on their mind that they can easily get rich easily with it since it might cost them huge financial lose if they commit a mistake on their investments.
hero member
Activity: 1988
Merit: 501
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Folks, my village is too poor and local, no beauty, no good living. Each time I remember them, I shed tears because nothing enticing about us. Our father's need help, our mother's sold leafs and fruits for survival, children are unhealthy, youths are uneducated and jobless, there is no good communication network in my communities, government never cares about us, is been ages of living like the bushmen and massacre.

I've being thinking about what to do, am not a politician, I don't access to money and power to change anything. So we came up with an ideas about a year now, me and some old graduates doing nothing. That before we vote any politician into power again, there must be a network communication system in our communities, by God we achieved that last year on our effortlessly ideas. One particular network was initiated.

But since we have network, the standard of living is still the same. Though villagers start buying cell phones, android and all. I thought it wise to go and introduce bitcoin trading system to them, we were given the permission by village elders, we pay town cryer to go round the village and beats bell drum and passed the message for everyone to gather at the village square and the turn up was amazing, unexpected crowd because we invited some city friends who into crypto as gurus and villagers love to see people from city how they look like.

We commence teaching with practical steps with those who have android phones, interpreting it in our dialect for everyone's understanding. From the pictures you can see mother's, father's, children and youths came there but our target is for the youths to understand digital trading system that requires no formal education and it's was greats. We want the parents to encourage them and support them with the little money them make from farm product sales.

I promised the communities to do this with them as many times as we can to enabled everyone learns something outside education. Believe me folks, anybody can touch lives with your gifts, skills and talents. Everybody was following and celebrating as a new light of the village.

God is awesome.














I know your intention is good and it is to help them earn,
But have you think of the effect?
What would happen if their investment or trading didn't work?
Instead of gaining they could lose those money that they worked hard just to trade?
It is better to let them learn and show them the risk it doesn't always end well in trading, not all of us are meant for it.
hero member
Activity: 2828
Merit: 673
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It's good that you like your community to be knowledgeable in crypto,but it is too risky to start investing even trading if you don't have stable source of income or job. It is better to establish job first that can hire the people in the community and teach them the value of budgeting and saving. Once their earning it is the time for them to learn how to invest and to trade knowing that even if the market isn't in good contion they will still have money to spend for their needs since they have job and savings.
True. I suggest you educate the people first before you convince them to invest or trade. And never let them invest or trade for greed, they will surely regret later on. Also, if they don’t have stable jobs that can provide their main source of income, how are they going to invest or trade? It’s a very risky decision to convince people about taking advantage on bitcoin when they have no knowledge at all, and they have no stable source of income that will finance in their bitcoin investing or trading.
hero member
Activity: 2926
Merit: 722
The crypto community appreciates your service hope you find the strength to keep going spreading the word Smiley , but just a few questions...
Bitcoin and all other altcoins are based online..have you considered engaging internet service providers,or probably a few people in that community that can provide gadgets to access the internet via hire purchase to them or something... because onboarding crypto users carries more weight if you are  practical about your objectives than just talking to them without having the real feel of how cryptos work.
As some sort of demonstration on how its done which it is really true on what you had said that it is really that hard to hook up people to believe about it if they werent been able to experience for themselves.

considering that this is a community where everybody almost doesnt really have a mobile nor have the access on net then its understandable that it wont really be that much effective on what you are trying out to pursue on what you do have in mind.
These kind of acts are really that commendable but its not something that we could assure that it would be effective or it does works.
hero member
Activity: 1792
Merit: 871
Rollbit.com ⚔️Crypto Futures
The crypto community appreciates your service hope you find the strength to keep going spreading the word Smiley , but just a few questions...
Bitcoin and all other altcoins are based online..have you considered engaging internet service providers,or probably a few people in that community that can provide gadgets to access the internet via hire purchase to them or something... because onboarding crypto users carries more weight if you are  practical about your objectives than just talking to them without having the real feel of how cryptos work.
legendary
Activity: 2842
Merit: 1253
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It's good that you like your community to be knowledgeable in crypto,but it is too risky to start investing even trading if you don't have stable source of income or job. It is better to establish job first that can hire the people in the community and teach them the value of budgeting and saving. Once their earning it is the time for them to learn how to invest and to trade knowing that even if the market isn't in good contion they will still have money to spend for their needs since they have job and savings.
Trading and investing are good, but it will be more fulfilling for them if they look for a stable job first and then with spare money, they can decide whether to invest or trade. Though I appreciate your effort in making your community aware about bitcoin and the benefits people can get from it, but if they decide to invest or trade quickly because of greed, eventually they will regret their decision in the end and live at their loss. It’s important that they will gain sufficient knowledge and skills first before investing or trading, and they should have stable source of income first before they start engaging in bitcoin.

Or those who have knowledge of management and programming may look for a career path that Bitcoin Industry offers.  This way they have more variation on how to take advantage of the opportunity Bitcoin industry brings.

Getting a stable job and do investment or trading is really the best move because it not only establish our source of fund, it also create a stable living for us and our family.  Remember Bitcoin Industry is not only trading, or investment, there are also vocational and professional careers included on its economy.
sr. member
Activity: 1680
Merit: 263
Just as stated earlier, our targets was for the youths to learn about BTC investment basically. The gathering you're seeing is not for professional teaching. That was our first time there, we only came to do introduction and briefly asked permission of parents to encouraged their children to learn about BTC investment. Since we came with visitors who know more about BTC, we ask both our parents to come and pay briefly attention on the preliminary aspects of what we will come to do next time. We are there for the youths but we needed the parents to give support to their children.

Because people misunderstood the whole concept from the beginning and start judging from there. No professional teaching was held only introduction of what we want to do. Thanks

what you are doing is a good thing OP, but my question is why didn't you choose a better and more conducive place to do introductions and ask permission from parents to encourage their children to invest in Bitcoin?.
you have already obtained permission from the elders there, you should be able to take more advantage of it by providing a more appropriate place to talk with the parents and youth there. Instead of asking them to gather in an open and unconducive place like that, you better gather them in a conducive place like in a room.
regardless of you saying it's an ordinary introduction and there is no professional teaching. but if you want parents to believe in and encourage their children to learn about Bitcoin you should be really serious about thinking about more detailed matters such as the comfort and conduciveness of the gathering place so that the goals you want to convey can be effectively conveyed and received by good by them.
you have received a lot of good suggestions and criticisms from members in this forum, if you are really serious then you have to fix your way in the future.
good luck for you.
legendary
Activity: 3080
Merit: 1144
It's good that you like your community to be knowledgeable in crypto,but it is too risky to start investing even trading if you don't have stable source of income or job. It is better to establish job first that can hire the people in the community and teach them the value of budgeting and saving. Once their earning it is the time for them to learn how to invest and to trade knowing that even if the market isn't in good contion they will still have money to spend for their needs since they have job and savings.
Trading and investing are good, but it will be more fulfilling for them if they look for a stable job first and then with spare money, they can decide whether to invest or trade. Though I appreciate your effort in making your community aware about bitcoin and the benefits people can get from it, but if they decide to invest or trade quickly because of greed, eventually they will regret their decision in the end and live at their loss. It’s important that they will gain sufficient knowledge and skills first before investing or trading, and they should have stable source of income first before they start engaging in bitcoin.
copper member
Activity: 1428
Merit: 253
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What the OP is doing, in my opinion, actually has good intentions to improve the economy of the people around where OP lives, but in my opinion, the way she does it and his understanding of Bitcoin are still not quite right.
OP hopes that the people in his place can be successful and improve their economy by trading Bitcoins. I think this is a very inaccurate understanding. Bitcoin investment or trading will not quickly recover their economy.
In reality it will not be that easy to succeed in investing or trading Bitcoin.

It's good that you like your community to be knowledgeable in crypto,but it is too risky to start investing even trading if you don't have stable source of income or job. It is better to establish job first that can hire the people in the community and teach them the value of budgeting and saving.

What you say is absolutely true, in my opinion, the conditions experienced by the community where the OP lives are more important to focus on increasing their job or income before suggesting and introducing them to try investing or trading crypto.
Because it's true that if you introduce investment or crypto trading to the public, but those people don't have a stable income, of course that will make it more difficult for them or maybe even lead them in the wrong direction and add to their burdens of life.
I hope that OP can gradually improve the economy of the community and maybe have to focus more first on creating or initiating a business, for example maybe OP can create a business that also empowers the surrounding community such as making any innovation to be sold so that people who engaged have a better income.
Then after the community is a little more prosperous, then gradually introduce them to the concept of investing or saving, only then introducing cryptocurrency.

I hope that the OP will be more careful and wise in introducing Bitcoin so that his good intentions do not backfire against himself.
sr. member
Activity: 714
Merit: 358
Underestimate- nothing
Making awareness is good, but first, you should have thought about the understanding of the people you taking the awareness to not everyone will eventually go into bitcoin, the best thing would have been to select interested people that are capable both in finance... and knowledge, given the basics not a bad idea at all then you can also increase in gathering and learning more about bitcoin it will be of use to both you and your locality but starting from trading is too sudden not all will be able to handle especially emotionally.
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