People still don't know about Bitcoin - page 11.

Rehan Zakir

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Quote from: RapTarX on November 29, 2020, 11:05:17 AM

Cryptocurrency is still fairly new concept among the majority of the people. I remember when I was talking about cryptocurrency with some of my friends (explaining how cheap and easy to transfer money), most of them had never heard about the word. Even though, some of them knew about bitcoin, their knowledge was very little in this space.

The reason behind that is our mostly peoples believes on paper money. They cannot know about the digital currency or they don't know how they transfers from one place to another within minutes.
They believe on that currency that has a physical appearance in the world. We can only see the digital currency but cannot touch and feel.
So, this is a huge difference between both the currencies.
But the next generation is the digital currency. Mostly peoples transfers on digital currencies.

panganib999

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Quote from: ?? on ??

It's true, the majority of my family members don't know about bitcoin.
When I reveal to them that my procuring asset is bitcoin, I recollect that they begin taking a gander at my face.
I assume they didn't know, and afterwards, I persuade them to use the bitcoins. I think the government is the reason behind it.
They never let their people utilize bitcoins innovation.

I think government has nothing to do with the idea that your family doesn't know bitcoin or any part of it. Knowing or studying bitcoin is depends on yourself or the person. If you want to learn and to know all about it, you will seek knowledge about it and you will learn to make profit on your own. If your family doesn't know about it and you want them to know and also make effort to earn, the thing you do that you introduce it to them so that they are also earnibg by themselves is the best idea. For me, personally I also teach my siblings all about it because I also want them to experience the things and earnings I am experiencing.

Natsuu

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Quote from: ?? on ??

It's true, the majority of my family members don't know about bitcoin.
When I reveal to them that my procuring asset is bitcoin, I recollect that they begin taking a gander at my face.
I assume they didn't know, and afterwards, I persuade them to use the bitcoins. I think the government is the reason behind it.
They never let their people utilize bitcoins innovation.

This is nothing about politics, but education. The education system doesn't have any means of sources where they will tackle cryptocurrency. The fact that this is not part of the syllabus of the current curriculum, what do we expect from the generations in the past.

Just think that we are lucky enough to know something that you may never know in standard manners. If you can, educate someone for them to know what it is, and stop blaming others cause they are just as clueless as we before.

rokon1234

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I'm also face this types of questions,when i asked about bitcoin my neighbor.when they listen about bitcoin,then they are look at me surprisely.But,they are really interested about to khow bitcoin.

Nikole Fischer

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Quote from: Cryptomint9 on November 29, 2020, 10:46:42 AM

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?

Well, I think there are a lot of people who still don't know about Bitcoin. But what can we say about Bitcoin, if many still don't have the Internet.
The problem is that people still don't trust the exchanges and trading. They're afraid of being deceived, collapsing, and hacker attacks. And of course, the problem is a mentality. Old school people don't want to try something new.

dupee419

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Some whom you have met probably is not knowledgeable enough about technology or probably is living a life without any kind of technology, go ahead and ask your friends and they'll.know a thing already about Bitcoin, in today's age, more and more people will be informed with Bitcoin, especially the young kids in this generation, hence making Bitcoin known throughout the world.

Question123

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Quote from: ?? on ??

After the recent events with the rise in price of bitcoin, in my opinion, everyone already knows about its existence. True, most people do not show any interest in him.

After that they will accept bitcoin to their life and possible that many people will adapt bitcoin. In the past few years yes they have many people who did not know bitcoin because it's not trending but now in my place they have mamu people knows about bitcoin but other people are taking risk and I hope they will get a good result in investing and trusting to the bitcoin. I believe in the next few years more people will know about bitcoin.

DeadCoin

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★ Investor | Trader | Promoter

I think if we live in the mountains high of nowhere we didn't know about modern methods especially Bitcoin suchlike an uneducated person, maybe this is a part of the economic problem because people were still blind and no time to familiarize themselves with this step of high technology. I'm just thinking about this so that it is something hard to explain and additionally, a world of BITCOIN is a kind of a good source but the main problem on Bitcoin is that the age in the field that's why many countries are still don't know about.

Fredomago

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Quote from: samputin on December 27, 2020, 08:48:11 AM

Quote from: matchi2011 on December 09, 2020, 11:31:05 AM

Quote from: samputin on December 09, 2020, 02:49:31 AM

Quote from: LittleBitFunny on December 08, 2020, 11:33:24 PM

~

Most of them just simply ignore things that they don't understand, they are afraid of something that they don't even started to learn.
Like what you've said they will remain from their comfort zone.

So even they've heard about it, knowing it for real or in a much deeper meaning will not interest them. They will continue using what
they know is already enough for them.

There. You said it right. I think it's mostly up to the person why he or she knows or not know about something, and in this case, bitcoin. We are in a digital age already. With just a few clicks, you have tons of sources of knowledge within your reach.

Well It's easy to tell but harder to understand,Blockchain and Bitcoin is not just like something you will understand overnight .

Though we have lot of support inside the forum but impression of People outside are still not that Good.

Quote

The problem will rely on the internet connection. We cannot blame those who do not have access to that yet. But for those who already have that privilege, then maybe we can say that they don't really want to know it. It might be too complicated for them and don't want to be involved in such complexity.

it is not the internet that hinders them ,But their own acceptance ,almost every part of the world ha internet access and it's even offered for free ,But People still want to live in their normal nature and not willing to progress.

samputin

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Quote from: matchi2011 on December 09, 2020, 11:31:05 AM

Quote from: samputin on December 09, 2020, 02:49:31 AM

Quote from: LittleBitFunny on December 08, 2020, 11:33:24 PM

~

Most of them just simply ignore things that they don't understand, they are afraid of something that they don't even started to learn.
Like what you've said they will remain from their comfort zone.

So even they've heard about it, knowing it for real or in a much deeper meaning will not interest them. They will continue using what
they know is already enough for them.

There. You said it right. I think it's mostly up to the person why he or she knows or not know about something, and in this case, bitcoin. We are in a digital age already. With just a few clicks, you have tons of sources of knowledge within your reach.

The problem will rely on the internet connection. We cannot blame those who do not have access to that yet. But for those who already have that privilege, then maybe we can say that they don't really want to know it. It might be too complicated for them and don't want to be involved in such complexity.

Rishabh riyz

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Quote from: Cryptomint9 on November 29, 2020, 10:46:42 AM

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?

well it isn't surprising , for people to know about bitcoins they must know what cryptocurrencies are ,
although across the globe governments are encouraging online transactions people still don't know what actually are cryptocurrencies like BTC itself . those who know treat it as an asset not as a currency.
and obviously education plays important role for BTC not being main stream (in my country atleast ). you see in developed country people can easily access and use BTC , but in developing and under developed countries where literacy rate is not good how can we expect them to use and understand a blockchain based crypto.

ninabobo

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The biggest part of the individuals on the planet avoid the dash of current innovation. A small bunch of individuals is familiar with utilizing innovation appropriately. So despite the fact that the vast majority think about Bitcoin, they don't think about its appropriate use. However, presently as the reception of Bitcoin is expanding in various nations, individuals will before long become familiar with Bitcoin and its utilization will likewise increment.

Natsuu

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Quote from: Cryptomint9 on November 29, 2020, 10:46:42 AM

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?

This is where we should educate others, explaining the basics of what and how this works. The best thing is to convert the value of btc to your currency and see the look in their eyes shine. After getting their interest, recommend this forum or books that they can use to look for valuable information about cryptocurrency. Then the word of mouth will start again, spreading around the neighborhood or city, though it will take time.

This is like marketing to be honest, bitcoin starts with only few, then spreads to nations on how good and how many opportunities it can give.

angrynerd88

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Indeed in our nation as it were few individuals knows bitcoin since its barely being publicize on standard media and the mindfulness of individuals almost is restricted that's why bitcoin still not recognized by lion's share of individuals. As it were i saw bitcoin being appear on our national tv that being utilized on trick speculations, so that's why the cynicism carries it as it were to people's mentality that bitcoin is trick and that's what make it difficult to for bitcoin to induce a positive criticism. In any case, the data and instruction will as it were be the device to spread positive mindfulness approximately bitcoin to the open.

matchi2011

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Quote from: samputin on December 09, 2020, 02:49:31 AM

Quote from: LittleBitFunny on December 08, 2020, 11:33:24 PM

Most of the people in the world stay away from the touch of current technology. A handful of people are accustomed to using technology properly. So even though most people know about Bitcoin, they don't know about its proper use. But now as the adoption of Bitcoin is increasing in different countries, people will soon learn more about Bitcoin and its use will also increase.

I see your point here. Some people just like to remain in their comfort zones and when talking about the financial aspect, their comfort zone is the conventional paper currency. They do not want to explore more and try other things like bitcoin. Maybe they know about it but they feel like it's too complicated for them that's why they just settle on what's convenient for them. Well, we cannot please everyone you know. We cannot push someone to use bitcoin just because we are using it. They still have their free will. What we can do now is to be living proofs that bitcoin shows a lot of potential and we already benefitted from it.

Most of them just simply ignore things that they don't understand, they are afraid of something that they don't even started to learn.
Like what you've said they will remain from their comfort zone.

So even they've heard about it, knowing it for real or in a much deeper meaning will not interest them. They will continue using what
they know is already enough for them.

Lordhermes

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Quote from: Imran232 on November 29, 2020, 10:58:06 AM

1: Government : First of all government dosen't tell about this technology to their people. That is why lots of people dosen't know about this.

In my country, the banks frown against bitcoin and cryptocurrency at large every bitcoin or cryptocurrency transactions is at the owner's risk if you got scammed the bank won't listen to you.

The government try as much as possible to keep crypto world hidden from the masses cause this is where they hide their loots without any trace.

royalfestus

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I usually want to ask which country the OP with such challenge comes from.

With reference to Willy woo.
The growth rate of bitcoin was not affected by the covid 19 pandemic and prediction expect a larger adoption next year. The space is still growing with the help of internet and with time everyone will be reached.

Quote

unique KYC-verified exchange accounts in Sep 2020 (1.3% of the world), the growth rate of 2.2x per year puts us beyond 2.9% next year

Kasabus

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Quote from: LittleBitFunny on December 08, 2020, 11:33:24 PM

Most of the people in the world stay away from the touch of current technology. A handful of people are accustomed to using technology properly. So even though most people know about Bitcoin, they don't know about its proper use. But now as the adoption of Bitcoin is increasing in different countries, people will soon learn more about Bitcoin and its use will also increase.

Yes. Since internet is worlwide, i assumed that most of the people have heard about bitcoin already but never been aware about it's true usage and its advantages. And the fact that bitcoin is not adopted mostly in any government, then people are not force to know it and definitely its value. But with big companies that are into bitcoin right now, we will not be surprised if one day bitcoin will be a global currency as what its suppose to be use and not just as a pure investment only.

adzino

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Quote from: Cryptomint9 on November 29, 2020, 10:46:42 AM

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?

Not surprised at all. Blockchain is a new technology and still in its infant stage. Most people aren't interested in "new technologies" until it goes main stream. Some of them might heard of it, but didn't pay much attention to it. Others think its a scam and eventually forget about it. At least over here, most of the people know what bitcoin is since there are bitcoin ATMs in most of the downtown areas, and people are curious as to what it is and eventually learns about it.

samputin

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Quote from: LittleBitFunny on December 08, 2020, 11:33:24 PM

Most of the people in the world stay away from the touch of current technology. A handful of people are accustomed to using technology properly. So even though most people know about Bitcoin, they don't know about its proper use. But now as the adoption of Bitcoin is increasing in different countries, people will soon learn more about Bitcoin and its use will also increase.

I see your point here. Some people just like to remain in their comfort zones and when talking about the financial aspect, their comfort zone is the conventional paper currency. They do not want to explore more and try other things like bitcoin. Maybe they know about it but they feel like it's too complicated for them that's why they just settle on what's convenient for them. Well, we cannot please everyone you know. We cannot push someone to use bitcoin just because we are using it. They still have their free will. What we can do now is to be living proofs that bitcoin shows a lot of potential and we already benefitted from it.

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