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Topic: Introducing bitcoin to local communities/villagers - page 2. (Read 419 times)

member
Activity: 840
Merit: 23
It's hard to see someone who has the burden of others and go as far as seeing that the burden is lifted off their shoulders, nice one op, you're a really good person, a force...

This is going to come with alot of challenges esp making them understand the whole process, I hope you're ready??
hero member
Activity: 1078
Merit: 570
Leading Crypto Sports Betting & Casino Platform.
Taking a Bitcoin class to educate others is a good thing to do out of having passion for others to have a means to learn about Bitcoin especially those in the rural setting but from what I can see on the pictures displayed by OP, am not convinced enough that this actually had to be a Bitcoin class because nothing here is showing or speaking about Bitcoin than the traditional dance held during on local community gathering, moreso much of this kind is getting too common from newbies these days.

I don't believe we should be stressing people in the rural areas, they have enough things to worry about like how they're to eat, get good drinking water and medical treatment etc. Teaching them about Bitcoin might be unnecessary since they might not even have an electronical device like a laptop or mobile phone to use in accessing the wallets.
I'm not even sure they have an internet connection in those areas. Looking at how they're dressed a d looking, we shoudn't be bothering them about how mess up the world is because to teach them Bitcoin, you have to make them understand how useless the traditional currency is. People I'm the rural areas should be left alone to enjoy nature.
Take your educational activities to the urban areas where people will be looking for an alternative to the system they're currently using since they're already seeing the system been broken and too centralized.
full member
Activity: 952
Merit: 108
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Bitcoin cannot help people get out of poverty because investing in bitcoin requires money, and I doubt people who have to make a living every day can invest in bitcoin. Moreover, bitcoin can also lose us money, so there is no guarantee bitcoin will help your local villagers out of poverty.
sr. member
Activity: 1638
Merit: 425
Cashback 15%
I appreciate your teaching in your village about bitcoin it was difficult to teach them because of their situation, but I  don't think bitcoin is really what they need especially in times like this. I mean for someone who doesn't have or cannot afford smartphones I don't think they should learn bitcoin because we all know that bitcoin is a risky investment if you're going to start to teach them bitcoin at this point where they think that it is the thing that will rise them from poverty I don't think so. That just means that if they fail on bitcoin of their funds or money is gone as well since they depend on everything on bitcoin.

For me what these people need is a job or skills, bitcoin is an investment and they can't apply what they learn if they don't have funds to invest, also you should just invest a small percentage of your money because it's always a gamble.
sr. member
Activity: 826
Merit: 460
It's good for you to spread bitcoin literacy, but if I think back that it's intended for areas that are too poor as you said, maybe you need to not only talk about bitcoin because basically it's possible for them to just eat hard let alone to buy bitcoin or invest, maybe you should also provide other stimulants in the field of science education and some skills application to earn more decent money in your area. we have to be really mature in guiding them in bitcoin trading literacy otherwise a bad possibility will happen because of their ignorance in doing it and getting profit, but in my opinion it's better for you to dig deeper before finding questions that you can't answer in the field and make shame on you.
full member
Activity: 1498
Merit: 132
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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.
Did you teach about trading?
Wow, they are beginners and you have been teaching about how to trade. I think that it is too early, dude. Moreover, trading is a high risk, do you also tell them about the risk? I actually appreciate your effort to introduce Bitcoin to your local community. but, you must also be careful on the explanation or information to tell to them because crypto is always involving high risk. From the explanation, we may not deny that finally there are some people who are willing to trade Bitcoin. But because they don't really know the ways, they will probably ask you more every time doing trading, and also trading without any understanding or knowledge. You know this is gambling, not trading. However, if they don't realize the risks they will probably spend.
sr. member
Activity: 812
Merit: 349
Before introducing your community members to bitcoin trading, you first launch an awareness campaign for them on the basis of bitcoin before trading. It can be challenging to promote trading to people who are unfamiliar with bitcoin (newbies).

The least you can do to assist your community members after lecturing them about bitcoin's fundamentals is to show them how to invest, hodl, and have enough patience with their bitcoin investments order than trading. Bitcoin investment, albeit risky and preferable to trading, is where they should start. You shouldn't attempt to teach them about trading right away.

hero member
Activity: 518
Merit: 547
Hi OP,
I am not sure where you are from. But, I assume you are from one of the African countries. Good to see you around. I appreciate your trying to teach them something that can change their lives. But, Make sure you don't ruin their life. You have to be careful when introducing them to new things like bitcoin. They are villagers, and they are innocent. They don't know how the internet is and how cruel it can be. They can fall into scams very easily. If you teach them something, teach them how to be safe from scams.

I won't recommend you teach them how to trade. Instead, if they want to invest or do something, teach them what Bitcoin is and how it works. Where to store their Bitcoin. Suggest some self-custodial wallets. If anyone decides to invest, Ask them to hold and never sell at a loss. Good luck.
legendary
Activity: 2772
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
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.
You say your village is poor, but when the internet can enter your village, the people there can buy Android phones, meaning they still have the ability or income.
The noble goal of building a village will boomerang for you if it is done without proper information and knowledge, trading is not as easy as you might think, namely buying cheap selling expensive, there are many things that can happen beyond our control.
With the income that the people in your village have it would be better invested or used for something more tangible than trading, I'm afraid you will be the one to be blamed if it turns out the trade doesn't go well and they lose a lot of money because of it.
hero member
Activity: 2352
Merit: 593
I am not sure what you've taught to them but can you show your notes or any kind of presentation so that other forum members can also try to improve it to learn more. But it is a good move by yours but it wont be sustainable for me , i think others also having hard time spending money to get a load to buy internet for their phone and also most of people there are struggling. It is really better to find like other solution than can brought them money that they can do physically. This is really the problem if what kind of things to be done as your government is not doing anything to provide more jobs
hero member
Activity: 1722
Merit: 801
Bitcoin awareness is done much on the African countries than other countries. Countries like Nigeria have got good level of cryptocurrency acceptance.
Because in that continent, people have difficulty with their access to banks and official financial systems as well as have difficulty to get job and earn good salary for their livelihoods. Therefore, Bitcoin and cryptocurrency are like an open gates for them to access a better world.

Underbanked

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Looking at the pictures, it looks like the people are eager to learn.
I don't know what they were doing if I only look at those pictures.

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People need to be educated in the right way, The success of anything comes from the bottom, when these people are able to make use of cryptocurrencies surely a big change can be experienced globally.
Education is key to change people lives and to change the world. With education, you become a different person and with well education, you won't be only become more knowledgeable but also will probably have better behaviors. It's good for local societies and the world as well.
legendary
Activity: 3164
Merit: 1213
Bitcoin awareness is done much on the African countries than other countries. Countries like Nigeria have got good level of cryptocurrency acceptance. Looking at the pictures, it looks like the people are eager to learn. People need to be educated in the right way, The success of anything comes from the bottom, when these people are able to make use of cryptocurrencies surely a big change can be experienced globally.

Small efforts from these people's is really appreciable and more people need to come forward and do the right way of teaching. Because there are more misleading happening around towards the ponzi and pyramid schemes.
legendary
Activity: 2520
Merit: 1073
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
Investing in Bitcoin looks more appropriate for the younger people because it wasn't hard as trading but once they grow older and develop a good skill or knowledge in Bitcoin/crypto, that would be the time for them to upgrade and learn trading. You said your village is poor so it's okay if you don't have a proper place for teaching but it can still become professional.

What matters here is not the place but the quality of learning that the people there are going to achieved. On the pic, I can see that not only young people are there but there are adults too. They are only making sure that their kids are safe but it's a good way for them to learn Bitcoin as well if they don't know it yet.
legendary
Activity: 2842
Merit: 1253
Cashback 15%
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 or value, which means the holder already has some money to invest in it and hedge against inflation.
I don't wish to write them off as well but merely looking at the uploaded images, you can tell that technology is far from these villagers as much as possible. Do they even have mobile phones or network to work therr phones if any in such places... Ain't no way there is any tech guy from the assembled population. If those were to be it, then the idea is very much defeated from my perspective.

Staring at the photos, you can see them using mobile phones (now I wonder if you click and look at the photos before replying in this thread  Tongue)  I believe there is an internet network in their place because they won't be able to teach how to create wallets and such if there is no internet. 

The seminar might be a bit unorganized but I believe @OP is honest in telling us that they conduct Bitcoin awareness seminar.  I do agree with the earlier reply that this is one way of fishing merit but, is there any other way to get merit without posting? 



hero member
Activity: 1148
Merit: 555
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.  
But I am elated when I see people invest time and resources to promote or introduce bitcoin to people. At least some people have known the currency called Bitcoin. Good try OP.
That’s what I’m worried about. The approach to teaching bitcoin to newbies matters, especially when introducing the concept to people who are desperate to escape poverty. They will want to make an investment right away without taking time to verify what they are told because they want to be rich. I think OP should start with a smaller group, that way it will be easy to communicate and monitor their progress.
sr. member
Activity: 1316
Merit: 268
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I just want to ask this op, isn't the internet difficult in that place with a lot of people. Did they understand what was being said about bitcoin that op shared in this community.

     It's a bit crowded with people gathering there according to this picture. But all in all, I'm impressed with op's perseverance in what he did. I just hope they somehow understood what was being taught to them.
sr. member
Activity: 1750
Merit: 267
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.
legendary
Activity: 854
Merit: 1009
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 partially waste of time because these villagers are more interested in survival. These youths need vocational and technical educationn 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.  
But I am elated when I see people invest time and resources to promote or introduce bitcoin to people. At least some people have known the currency called Bitcoin. Good try OP.
jr. member
Activity: 104
Merit: 9
Did you teach Bitcoin TRADING or Bitcoin TRANSACTING?  Big, big difference.  Before trading, how Bitcoin works and how to transact with Bitcoin is so much more important than risking the little you have with little to zero experience.

I know.  It is so much more appealing to the masses if Bitcoin gets them money.  How many truly care that Bitcoin makes them independent and banked in areas where people are unbanked?

But after all, the most important aspect of Bitcoin is that it gives free banking to the unbanked.  It can give you Privacy levels no Bank can.  It never censors any body unless they try to cheat the system.  Of course.  Not every body cares about all of that.  But Bitcoin is not for every body anyway.

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Regards,
PrivacyG

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
sr. member
Activity: 2506
Merit: 368
I like your enthusiasm, OP but don't give them a false hope and don't carry all their weight. You have to teach them properly in order for them to understand on their own or else you will be the one to blame in the end. Become a master trader first before you introduce it to them or they will be the same just like you.

Having a network connection will help them to understand since all of the information that they needed is on the internet and it's free of course. Give them all the right links on where to read to understand what is the essence of having Bitcoin. But I'm sure not all them wanted to take part of owning a Bitcoin but at least give them all what they need.
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