Topic: People still don't know about Bitcoin (Read 5715 times)
I agree improver knowledge leads to disaster
most people still know bitcoin well but they only know the term bitcoin as an investment business and there are lots of people out there who still have very little information about bitcoin and they only know through the internet about it but they really don't never understood how the term of bitcoin itself so they only understand according to the logic of each other's thinking
Most people in my country are ignorant and little educated.Most of them live in villages and villagers are reluctant to learn about modern world civilization.They think that online currency other than paper money is nothing but a hoax.They still fill the quota with money and keep it buried under the bed.
Many people who live in villages in my country also don't know bitcoin, but I don't want to say they are stupid, they don't know bitcoin because they are busy with work and other things, and of course they don't know bitcoin because there is no official information for example from the government.
There's no information that will guide them to understand how things works with this crypto currency. Can't blame them as the
they not fully aware with the existence of this system.
They are more concern with how they'll going to live for the day, without any interest with the internet it will hard for them to
also understand Bitcoin.
there are so many people who don't understand bitcoin, they only know about it on the internet and have absolutely no idea about how bitcoin actually performs for a business investment that is so promising, because there are people who don't know about it, they will think negatively. and build a bad opinion of the crypto currency, but if they know the truth is not impossible they will follow in our footsteps to invest in the crypto world for the future
For sure there are many countries who doesn't know much about bitcoin, but well bitcoin popularity is growing on a high rate so with time bitcoin would be known worldwide, few years ago my country never knew what is bitcoin or what it actually does but presently bitcoin is the talk of the town every youth want to get involved because of the lucrative rewards, so we can see that bitcoin popularity is growing.
Now a days bitcoin is much popular in the world but there are lots of people in the world who don't know about what is bitcon or how it is work? But i have to say that last three years a large number of people have gathered significant knowledge about bitcoin as well as crypto currency. Still There are large number of people who are out of internet especially those who are live in rural area particularly illiterate person of any country they don’t about bitcoin. I am sure if any person who are educated he or she at least know about the name of bitcoin. I am optimistic with five years majority of the world will be known about bitcoin and crypto currency.
Yes, You are Right Many Peoples Still don't know about bitcoin that what it is and how it work , many people still don't know about Cryptocurrency But Its not a Surprise In My Family and Friends And relatives. Mostly don't know about bitcoin , i am trying to tell everyone about bitcoin itits uses, its benefit and its working, so its our duty to aware those who don't know about this , but one thing that mostly uneducated peoples don't know about bitcoin.
Most people in my country are ignorant and little educated.Most of them live in villages and villagers are reluctant to learn about modern world civilization.They think that online currency other than paper money is nothing but a hoax.They still fill the quota with money and keep it buried under the bed.
Many people who live in villages in my country also don't know bitcoin, but I don't want to say they are stupid, they don't know bitcoin because they are busy with work and other things, and of course they don't know bitcoin because there is no official information for example from the government.
Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.
Yeah that is the bitter truth that everyone will accept.
Until and unless people see some good opportunities in Bitcoins, they won’t accept it.
Forget accept, they don’t even care to understand how it works.
It can all be sorted if Bitcoins should be made mandatory by the government or just make it legalised.
Still waiting for the time when every person should be aware of Bitcoins and Cryptos.
Nowadays, there are still some people who know about Bitcoin just know that it is a cryptocurrency, and don't even know what purpose it has. They only know that it can make money, and many people don't know the existence of Bitcoin. The elderly and children in every country probably have never heard of Bitcoin, but compared to 2018 and 2019, there are more and more people who understand Bitcoin. But some people just understand the surface of Bitcoin. Bitcoin is a technological innovation. There is still some time before everyone knows Bitcoin. Time will prove everything.
Yes, most ordinary people don't know Bitcoin. Although there are more and more people who invest in ideas every day, they still have no idea about Bitcoin. If you search for investment methods in the search bar, Bitcoin will not appear.
All of these can be handed over to time.Bitcoin will get better and better, and it will get more attention from people and countries.If its use is good, more people will accept it.
All of these can be handed over to time.Bitcoin will get better and better, and it will get more attention from people and countries.If its use is good, more people will accept it.
Well, because of "El Salvador" you already know that they have even adopted it, now things are going very well because now they are going through Ghana, and that is where adoption is entering strongly on the African continent, and I think it is excellent, among more people enter the market much better:
Ghana's vice president declares Africa should embrace digital currencies
Anything that is of value to Bitcoin is welcome, and as in Ghana they have the interest little by little around the world the word of BTC will spread.
Ghana's vice president declares Africa should embrace digital currencies
Quote
“Digitization has also become one of the most consequential policies of the Nana Akufo-Addo government,” said Dr. Bawumia.
“When the scourge of the COVID-19 pandemic hit and forced many economies into partial and total lockdowns, it reinforced the need to pursue digitization.”
The Vice President also discussed Ghana’s recent payment initiatives, such as Mobile Money Interoperability. Dr. Bawumia notes these services have “shown that more people can be financially included, and this needs to be rolled out across Africa to ensure the growth of the AfCFTA vision.”
Source: https://cointelegraph.com/news/ghana-s-vice-president-declares-africa-should-embrace-digital-currencies“When the scourge of the COVID-19 pandemic hit and forced many economies into partial and total lockdowns, it reinforced the need to pursue digitization.”
The Vice President also discussed Ghana’s recent payment initiatives, such as Mobile Money Interoperability. Dr. Bawumia notes these services have “shown that more people can be financially included, and this needs to be rolled out across Africa to ensure the growth of the AfCFTA vision.”
Anything that is of value to Bitcoin is welcome, and as in Ghana they have the interest little by little around the world the word of BTC will spread.
There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this?
How much there is who face this problem?
There are many around me who know Bitcoin but don't dare to invest in it yet, the education they get about Bitcoin is not complete, they still believe in fud which spread from china etc. sooner or later I'm sure many will invest in Bitcoin, the trend will definitely happen. How much there is who face this problem?
There used to be a lot of people who didn't know bitcoin. But since the 2021 bullrun, many people are already familiar with bitcoin. But still many people are still not aware of the technology that is in bitcoin. They just think of bitcoin as gambling. I'm sure they will all understand.
It's true that in my country there are still many who don't understand bitcoin.. However, this year there have been many important people such as artists, youtubers, or other celebgrams who already understand a little about bitcoin. Because they are more or less ordinary people also know bitcoin even though they don't know it fully.Of those you mentioned, let's be honest here many of them jumped onto the bandwagon because they realized there is money to be made, especially when you got some reach on social media like Instagram. Some of them even launched their own coin, but seriously why would you entrust your money with a person that usually posts half naked pics on Instagram? ... For them it is not about spreading the word because they understand decentralization, it is about spreading the word because at the end of their promotion you'll get a code that you should use to buy crypto in order to make them rich.
Nono, jumping on the crypto bandwagon is totally fine. In a certain sense all of us did nothing else in the very beginning as trading even with little amounts is fun and exciting. The real problem is if instagram celebrities use their reach to promote ponzi schemes or the biggest shit coins on earth! That is the real problem. I am not disrespecting those who just want to throw their hat in the ring and participate in the market with fair means, that's fine. But luring your followers into a scam because you get paid well is a real asshole move that we don't need at all in our community!
Most people in my country are ignorant and little educated.Most of them live in villages and villagers are reluctant to learn about modern world civilization.They think that online currency other than paper money is nothing but a hoax.They still fill the quota with money and keep it buried under the bed.
Don't blame me for saying too much, you should stop your grudge against the people living in the villages in your country, they are not receptive and not oriented towards creativity maybe their conservative but if they have guaranteed a life filled with satisfaction and no more asking, you should also accept their way of thinking. Not knowing about bitcoin can not be considered a sin, obsolescence will sometimes be a gift to reduce thoughts and calculations, sometimes knowing about bitcoin will no longer be comfortable and in return for work fatigue and burnout 
Most people in my country are ignorant and little educated.Most of them live in villages and villagers are reluctant to learn about modern world civilization.They think that online currency other than paper money is nothing but a hoax.They still fill the quota with money and keep it buried under the bed.
Yes, it was not something new. Not everyone knows bitcoin. There are people who don't have an access on internet. Also not all people are open minded to accept the changes and modernization, and that people can never learn what it is that can make them stop spreading information or news about bitcoin.And also bitcoin was not a subject in school that can help educate others about bitcoin instead you really need to do the research about it if you really want to understand it.
And also there are countries that ban.
And also there are countries that ban.
Having a look at the comment, it seems everyone is facing the same situation. If people don't know about BTC, who are these guys trading BTC causing deep and bounce? Lol! Anyway, I would rate my country lower than yours in bitcoin awareness matter.
Based on my personal experience. When I started off in the crypto space, I immediately engaged in leverage. Leverage did do me well in the early stage of trading. I was riding the uptrend, which mean all green in my portfolio. Things started to crumble when big drops came. I came to a point where I was already gambling. I started from 2X leverage until I was using x25 to x50. I ended up losing pretty much all of my crypto investments. It took me a long time to get back on my feet. I joined a few cypto community and learned that I was not alone. I've seen SO MUCH people who were in the same situation.
Going back to the topic, I believe this is a major deal on why big drops happen. A big chunk of new investors and very new in crypto and in trading in general.
Lesson learned, I am no longer using Leverage on the platforms I use.
No expert here. Just a regular guy.
Thanks
If it has got some physical appearance same as the fiat now majority of the population would've known about bitcoin and other cryptocurrencies. Even now there are people who don't believe bitcoin just because it doesn't have any physical state to feel. The technology wise knowledged people are much into cryptocurrency and this has to reach all levels of people.
Most of the people I my country don't have enough ideas about bitcoin and virtual cryptocurrency because most of the people here living below poverty line and they don't have enough knowledge about internet and cryptocurrencies. A few amount of people here know something about cryptocurrencies and few people know Bitcoin as a illegal source.
Not only your country's people guys my Bangladeshi people don't know anything about Bitcoin and they always spreading negative news about cryptocurrencies and it's uses. I am sure Bitcoin never legalize in my country. Jump to: