Topic: People Are Just Too Stupid to Use Bitcoin Right Now - page 20. (Read 13434 times)
Its not people are too stupid, its because they are lazy and don't have clear objectives, if they do, then I am sure they can embrace just anything, having a very strong determined will to achieve what you plan then you can achieve anything, using, buying, selling and storing bitcoin. Bitcoin is more for persons who have very much clear objectives in life and see Bitcoin as a mean to achieve them. I guess this is not for the mass after all, although I hope to be wrong.
Stupidity is only one factor... you have to add laziness into that too. The researchers and smart people determined that the average person in most developed countries, have
experienced a shorter attention span. {Some say, 20 minutes at most} This is because of too many external influences and also because people are bombarded by too much
information. {TV / Cellphones / Internet .... } They even adjusted the intervals for advertisements within TV programs to accommodate for that. So people are over stimulated
and this leads to a shorter attention span. If you want to explain Bitcoin to someone, you have to take that into consideration and have short breaks... We are now doing this
in our meetups, with great success. {Beer/smoke Breaks every 20 minutes}
experienced a shorter attention span. {Some say, 20 minutes at most} This is because of too many external influences and also because people are bombarded by too much
information. {TV / Cellphones / Internet .... } They even adjusted the intervals for advertisements within TV programs to accommodate for that. So people are over stimulated
and this leads to a shorter attention span. If you want to explain Bitcoin to someone, you have to take that into consideration and have short breaks... We are now doing this
in our meetups, with great success. {Beer/smoke Breaks every 20 minutes}
It's just because misunderstandings have been made regarding Bitcoins as it's just a so-called ponzi scheme and nothing else, we need to change the thinking of people by going ahead and telling them that it is not what they think it is, it's a completely different and innovative concept which is still needed to get adopted by so many who are not aware of it yet...
"People are just too stupid to use bitcoin right now,” I overheard someone argue at a bar a few weeks ago as we were discussing the potential of cryptocurrency. “Society’s understanding of where money comes from is the real challenge.
This is the whole article I read at cointelegraph
This is the whole article I read at cointelegraph
I think this claim is spot on: "Society’s understanding of where money comes from is the real challenge."
People don't care about the FED, or the fact that they are printing infinite fake money, they just want to pay for something, and get the goods or services delivered, everything else is just irrelevant. And that's the challenge, wake up the sheep into realizing Bitcoin is real money and fiat is bullshit.
It's not just that people just don't like change (unless it's the coin kind). Heck I can't get my Mom away from rotary phones not alone use a new kind of money for things.
Rotary phones? Wow!
My mother finally made it to use a smartphone and therefore dropped her old but pretty stable Nokia 6310i.
In the beginning she really struggled with swiping her finger and tiny tipping on the surface.But now she got used to it.
However she often don't understand to what all those different apps are good for.
As I told her about Bitcoin her whole face looked like a huge question mark.It is just too much for the average people if they don't have knowledge about money in general, network systems, economics, politics etc. It's too complex.Therefore nothing will change with Bitcoin or cryptos over night.Many people are sceptic to new things. Especially when this also involves money!!
it is not just on people, and not only because of their stupidity.
as others have mentioned, it is mostly because of the fear that usually people have towards new things and fear of changing the familiar ways of living. so they stick to their regular ways and don't change unless they are forced to.
besides this fear, the media and the government and their rules doesn't help this either. especially the media with demonizing bitcoin has always been a downside for bitcoin adoption.
as others have mentioned, it is mostly because of the fear that usually people have towards new things and fear of changing the familiar ways of living. so they stick to their regular ways and don't change unless they are forced to.
besides this fear, the media and the government and their rules doesn't help this either. especially the media with demonizing bitcoin has always been a downside for bitcoin adoption.
All the people aren't too stupid, you made it too generic. Some need more information about what is and how could change its monetary system. Others never heard anything about bitcoin. And some could be stupid or wrong and don't want to use it.
it could be means the majority of the bitcoiner are smart and lucky,coz they already knew it and using it right now, isn't it? i personally agree with you that many peoples out there never heard anything about bitcoin, due to lack of promotion and adoption or something else
All the people aren't too stupid, you made it too generic. Some need more information about what is and how could change its monetary system. Others never heard anything about bitcoin. And some could be stupid or wrong and don't want to use it.
Have you not considered that maybe bitcoin is to complicated for the average person right now ?
Yes bitcoin is very complicated to the people who didnt expose to much in web. and even if they are always online of facebook theyr not still aware this is existing. lucky we are adventourous person and knoe about this and yet not were earning by bitcoins. And i dont think were stupid cause we earn by this were not wasting our time for nothing.
Have you not considered that maybe bitcoin is to complicated for the average person right now ?
Yes bitcoin is very complicated to the people who didnt expose to much in web. and even if they are always online of facebook theyr not still aware this is existing. lucky we are adventourous person and knoe about this and yet not were earning by bitcoins. And i dont think were stupid cause we earn by this were not wasting our time for nothing.
Have you not considered that maybe bitcoin is to complicated for the average person right now ?
I agree here as many don't take Bitcoins as a way to not pay taxes and its decentralization and ability to own the private keys of a wallet don't go well with the mass. They still prefer PayPal/Cards over Bitcoins as many websites/brands only make use of these payment methods. Also, there are way too many negatives written by media about bitcoins that people fear that it can be illegal to use this currency which is a untrue. It's just that crypto currency is not a convenient payment method for many and it's not easy to buy bitcoins online as well.
If I'm the average Joe on the street and my paycheck is in dollars and things are priced in dollars, why go out of my way to buy bitcoin just to spend it on things that I could just as easily buy with dollars? It's not that people are too stupid. Not by a long shot.
"People are just too stupid to use bitcoin right now,” I overheard someone argue at a bar a few weeks ago as we were discussing the potential of cryptocurrency. “Society’s understanding of where money comes from is the real challenge.
This is the whole article I read at cointelegraph
This is the whole article I read at cointelegraph
i wouldn't say that they are stupid, look at people that use bitcoin, trades it and other alt coins, and even gambles with them, and of course they spend them, so they really know what is bitcoin, but they are afraid to use it as main currency because they need time to get used to it more, but tehy aren't stupid
It's not just that people just don't like change (unless it's the coin kind). Heck I can't get my Mom away from rotary phones not alone use a new kind of money for things.
especially if those change does not offer anything really worth it to change, for the average joe having bitcoin instead of fiat is not considered a groundbreaking thing, so they discard it
It's not just that people just don't like change (unless it's the coin kind). Heck I can't get my Mom away from rotary phones not alone use a new kind of money for things.
that's normal, people are used to old things and even afraid of new technologies, they used old phone for example for 20 years and they won't go to new phone in days
same with bitcoin, we use fiat for ages now and it will be very, very hard to make people change to bitcoin because it is still new to them
I couldn't agree more.
"Internet will never affect education and government, how nobody will ever get their news online over a good ol' fashioned newspaper, and how the concept of selling a product online is an absolute impossibility." - remember what Newsweek wrote about internet (1995).
Same relevance for how some people think about bitcoin today.
Maybe because they really dont know what bitcoin is because bitcoin is unknown for those people who are not expose on internet or adventorous on world wide web. But for those who know like us is we know its potential thats why where here. I hope someday people will be educated by this. Many people can be help for using bitcoin. It can be a temporary solution for unemployment. All need for those people who didnt know is education for bitcoin.
Actually we don't really need knowledge in using bitcoin if we already rich and use it just to buy goods. I think what you mean about stupidity in using bitcoin is that we need some talens in multiplying bitcoin like in trading and investments. Of course not all of us has given this skill on such areas that is why we cannot deny that there is really some people who are dumb in using bitcoin and are keeping complaining.
It's not just that people just don't like change (unless it's the coin kind). Heck I can't get my Mom away from rotary phones not alone use a new kind of money for things.
that's normal, people are used to old things and even afraid of new technologies, they used old phone for example for 20 years and they won't go to new phone in days
same with bitcoin, we use fiat for ages now and it will be very, very hard to make people change to bitcoin because it is still new to them
I couldn't agree more.
"Internet will never affect education and government, how nobody will ever get their news online over a good ol' fashioned newspaper, and how the concept of selling a product online is an absolute impossibility." - remember what Newsweek wrote about internet (1995).
Same relevance for how some people think about bitcoin today.
Guys you have to admit that it is not really easy to buy BTC. After that you have to store your BTC's in a wallet and this isn't easy neither.
actually both of the things that you mentioned are super easy.
buying bitcoin is so easy these days with services like coinbase, circle, localbitcoins to buy locally, all these exchangers.
also storing bitcoin is easy, you don't need any bank or paperwork, you can just download one of the bitcoin wallets that suites your needs and store them easily in the smallest of spaces.
i don't know what part of storing bitcoin in a wallet is hard for you?
I agree here as many don't take Bitcoins as a way to not pay taxes and its decentralization and ability to own the private keys of a wallet don't go well with the mass. They still prefer PayPal/Cards over Bitcoins as many websites/brands only make use of these payment methods. Also, there are way too many negatives written by media about bitcoins that people fear that it can be illegal to use this currency which is a untrue. It's just that crypto currency is not a convenient payment method for many and it's not easy to buy bitcoins online as well.
Guys you have to admit that it is not really easy to buy BTC. After that you have to store your BTC's in a wallet and this isn't easy neither.
in fact you don't need to upload your identity or your details to create a wallet let compare with other payment processor like paypal you must verificate your account, about fees imagine if you send 1 Million dollars in bitcoin or 1 million dollars through western union, of course bitcoin is simplest is easy to use and its decentralized no one can't froze your money, i think peoples are just too lazy and ignorant to understand how bitcoin's work Jump to: