Topic: People Are Not Nerdy Enough - page 3. (Read 842 times)

Having those kind of counterreactions on what you do have in mind doesnt mean that other people arent really that nerdy or that techy which you cant blame them, there are some people who are fully aware of its

capability if we do speak about utility and real essence of Bitcoins existence but since they have that kind of realistic approach then they wont really be bothering themselves on trying out to fight on making
or thinking that Bitcoin could be able to have some division in terms of monetary utilities on just like on what fiat has. We cant really that able to deny that Bitcoin does have that revolutionary features
but doesnt mean that it would really be able to replace fiat into its position and this is why it wont really be shocking if there would be lots who would really be just simply
ignoring on this kind of topic because no matter how we do like it or not, it cant really just that happen.

They could both co-exist but doesnt mean that it would really be able to replace the traditional stuff and come to mind that government wouldn't really be letting this thing to happen in the first place.

OP out here really frustrated that he can't talk to people outside about bitcoin and crypto lols.

Jokes aside it could be frustrating, cause with all these movements and campaigns made about bitcoin's adoption you would think that we made significant progress on it, only to be disappointed when you ask people around, especially those within the ranges of Millenials to Boomers (cause in my experience a lot of zoomers right now are at least aware of what cryptocurrencies are and the potential for profit that they could provide) that are still not aware of what bitcoin is and what it could do to people's lives.

At the end of the day I just think that good things come to those who wait, so might as well wait and be patient about it yeah?

Well...! Those same facts that you name should be the "inertia" that moves the inclusion of everyone to bitcoin, not only for the mere fact of what happens with the majority that arrives, which is related to price.

 In the past few days someone mentioned that they had bought $15 of bitcon, and many comments went along the line of investment, profit, etc.  But the reality is that for those of us who do not have access to the relevant purchase of bitcoin to aspire to their wealth, bitcon does remain as a technological access to be able to control our funds, whatever they are, and!  Therefore, people's freely access the great potential that Bitcoin has as a technology.

We are not enough just to read and analyze whether it's in bitcoin or something else. Everything is not in vain, but if you just read and analyze, it will only add to your knowledge and will not give you experience. Without leaving that, learning and knowledge are more important and we have to do, namely the implementation of the learning you do and the knowledge you get.

By implementing this learning and knowledge it is a form of direct self-actualization so that you not only know but participate and play a role in it and you will feel a direct impact on your learning so far. In addition, if you get involved in the world of bitcoin, you will earn income so that your learning and knowledge so far can be utilized as best as possible.

True. People develop greed on money but they don’t understand actually how it works. The only thing that they’ve come to know is that it can be used to pay for their goods and services, aside from using it to invest. So how much more if bitcoin and other decentralized currency? I guess they may gained some few insights about it but I don’t think they’ll force theirselves to understand decentralized currency knowing they can never use it in their current financial system.

Isnt expecting everyone to be an expert elitist? Yes, everyone should understand Bitcoin, blockchain, and economics. But, its unrealistic and pointless. We dont need to be engineers to drive or to be programmers to utilize apps. Why should crypto differ? Bitcoin and other cryptos must be user-friendly and integrated into daily life. Then the average individual won't need to know everything. They only need to use it. Crypto will quietly revolutionize politics. In the meantime, keep your nerdiness to yourself!

No, our system is debt-money based. Money is created out of nowhere by the lending bank. This concept is well explained in the following article. It's the money-debt that leads us straight into the wall, the States are even more indebted and the crash to come will undoubtedly be worse than the subprimes.





Source : https://positivemoney.org/how-money-%20works/how-banks-%20create-money/

Explanations : https://youtu.be/b6_SLwReMqo

People generally don't have a good understanding of economics and of how economies function. However, I'm not sure if that's a big reason why people aren't more excited about Bitcoin and its potential. I think most people have narrow goals and interests, and even if they want to change the world (which is already a small minority), they focus on specific areas. That's good and natural, we can't dedicate enough time and effort to everything. So looking for alternatives to fiat just isn't on a to-do list of the vast majority of people. If Bitcoin gets widely accepted, perhaps many people will try it and try to learn more about it. But since you can't use Bitcoin for a lot of things for which you use fiat, there is little motivation to use it as money and consider how viable or not it could be as an alternative to fiat.

It is not right to want others to be equally interested in what we are interested in. Everyone has different interests or pursuits. Just as those people don't tell us to learn their field, we shouldn't tell them to learn their field. I mean, we can tell them, but we shouldn't pressure them.

Bitcoin will find its own path, you can be sure of that. The person who is not curious and inquisitive about bitcoin today may be more curious and inquisitive than you tomorrow. You don't know that either.

Either they just don't want to know Bitcoin or learn it deeply. You know others are just wanting Bitcoin because they want to invest in it; even others haven't read the white paper and just watched a video of Bitcoin explaining what it is. We can't blame others, as that is really what they want, and let's just not worry about others, for sure, as I've always said that when Bitcoin hits again its ATH, a lot of people will start learning about bitcoin.

I perfectly understand your bewilderment and surprise why people are not willing to learn something new, which is bitcoin. And you are right in stating that the problem is deeper than the usual lack of understanding of technology. Bitcoin is a unique phenomenon that combines economic and technological components, that is, in order to get carried away with this, people must have interests in finance and technology. Recall how, at the dawn of its formation, the geeks were the first to become interested in bitcoin. I assume that there is some threshold for entering this area, the combination of both components at once is not necessary and one direction may be sufficient. Such examples, in general, are also enough, when people become interested in a bitcoin purely because of the financial component.

The next point is that people (many) are illiterate in matters of economics and don't even have basic information on this topic. If they don't even have knowledge about ordinary money, then of course they can't be interested in digital money. Which leads to the fact that even after hearing about bitcoin on the news, they will not take a step in this direction.

You (all of us) are very lucky to be on the forum, where you can gain knowledge both in the field of economics and technology. Of course, when we see people who are not interested in bitcoin, it seems strange to us through the prism of our knowledge and experience. It is useless to condemn them for this, or to try to lure bitcoin lovers into the BTC-community. Just as it is impossible to make everyone rich, so it is impossible to evenly distribute bitcoins among all. Be glad that you found out about bitcoin at the right time, while others still miss it

Since no one learns from the mother's womb, everyone has to learn in the world. We try to learn slowly and eventually succeed in learning. Since the creation of Bitcoin, most of the countries in the world have not yet legalized it, but people's interest in Bitcoin is increasing, as evidenced by the increase in the price of Bitcoin. Gradually the investment of Bitcoin is increasing along with the demand. People are now slowly trying to learn about Bitcoin and at some stage everyone will gain good knowledge about Bitcoin but it needs time.

Different people, different capital, needs and interests in learning technical things of Bitcoin blockchain. If I am an investor with budget which is big like $100,000 or $1M, I don't care about how mempools work and how to save transaction fee by $1 or $10. It sounds stupid with others but because I am rich, it is not what I care about. Just example, I am not rich.

If I care about technical things or just because I am not rich, I have to learn to broadcast my Bitcoin transaction to save as much transaction fee as possible. The rich can look at me and think I am too serious or crazy but if I am fine, it's good for me because such knowledge and good practice are helpful for me.

You don't have to be a nerd to understand how Bitcoin works

Think about how cash works for instance:

- Central banks print cash
- Central banks give this cash to more banks (and the government)
- Banks give this cash to companies who then give it to you (or the bank may even give it to you directly).

Anybody who has been reading the news within the past year has probably seen "US default risk" and thus knows how fiat works.

In any case, wherever there is a bank involved, the transaction is not free and whoever is giving the money to the other person usually does it as a "loan" with interest.

What most people don't understand is that you can give a loan to buy stuff that makes absolutely no sense, such as "more cash". But most people's understanding is everything up to this point.

With Bitcoin, it's more like: "I can give someone money without having to worry about loans and interest" (or APR for that matter).

What is stupid about this "crypto revolution" is how DeFi is trying to introduce and mainstream those same concepts back (why?? ??) with predictable results (hacks and bank runs).

You make decentralized crypto like vulnerable fiat, and you get the worst of both worlds.

Aside from what I mentioned in this thread before, yeah I felt also that it is kinda putting pressure into people to learn this and that. Not everyone is interested to the technical aspect of Bitcoin, not all of people care about the software itself rather than its own utility only.

I am enthusiastic about development of software and apps, but I understand that it is not everyone's cup of tea.

Many people will try to lie that if bitcoin is no longer profitable, they will still hold bitcoin, but I will be blunt. I wouldn't need bitcoin if it was no longer profitable and could just use a stable currency. Although we can still use it to use for international payments or to store assets without depending on the bank, but those are not attractive enough for many people.
There is nothing wrong with people seeing bitcoin as an investment, because the need for money comes first these days. Although bitcoin is not made for investment, when it is an investment, it gives us many benefits, so why do we always complain when it is not used as currency? What Bitcoin is is not so important, what is important is that it benefits us.

This is where I'm at right now.
I can live with people for a long time and not talk to th about Bitcoin if they're not interested. I don't try to convince anybody about stuff like these. The only time I'll talk to them about Bitcoin is when they bring it up and most times they bring it up, they always say something not true because they get their information from the news and social media.
I'm way past the point of trying to make people see the benefit of Bitcoin as a currency or even investment.
I have so much to learn, I don't need nobody to bring negative energy around me.

There are so many misconceptions flying around about Bitcoin and so gulible people actually believe that shit. No wonder they can be easily scammed into different Ponzi schemes

There are people who don't understand about fiat currency so how can they expect to use virtual currency. Not everyone can use Bitcoin and they are not so transparent about crypto that they are more used to fiat currency. But if a person is knowledgeable then surely he is looking for an alternative to fiat currency to invest. And if that person can be educated about Bitcoin then surely that person will be interested in Bitcoin investment. But we know that people who are not interested in virtual will never be interested in investing in Bitcoin. People of current generation are all more interested in virtual currency than real money and they always think positively. But an adult who has never known anything about bitcoin or cryptocurrency will never invest in it if you teach him about bitcoin.

Yes, you are right. Don't control others too much to match what we expect. Let other people invest in bitcoin according to their own wishes.

The world for most have been crafted to mean anything tangible or something you can feel. Anything other than about this criteria is just fake or designed to take from you your hard earned money.
Worst still, it's mot backed up by the government, there are threats from the SEC and there isn't any regulations to it.
Truly, they've got nothing to hold on to or fall back to for resonance should it fail so, why then should they risk it. At least, they aren't doing any badly with fiat.

It's a matter of finding reasons and until the world's people are ale to find some reason as to why they should be hooked up to the Bitcoin innovation, your not likely to find anyone being so welcoming of it.