Topic: People still don't know about Bitcoin - page 12. (Read 5731 times)

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.

This is not quite true, everyone I know is talking about it and know that I've been into Bitcoin/Crypto from way back when in 2013.

BUT..they all say that for the most part, I quote: "We missed the boat".

I  TRY to tell them that even a 'little' dust now has a pretty good chance of being much, much greater in 5 to 10 years from now.

What if they invested say $100 say...that could be 10x or 100x, IF, Bitcoin as the Bitcoin Twins state...it 'replaces gold' (I frigging hope so!)

https://cointelegraph.com/news/bitcoin-s-market-cap-will-flip-gold-winklevoss-twins

So for little risk and high reward, 'why not'...assuming you go full HODL mode for the hell of it? Sell stuff you don't need on eBay, buy 'dust BTC' rinse/wash/repeat and HODL!

I know people for 'years' have talked about this guy below on CNBC.

https://cointelegraph.com/news/mike-novogratz-has-50-of-net-worth-in-crypto-advocates-up-to-5-for-investors

as he states...if you can 'afford' it ... it makes sense...and BTC will never go to zero again.

But if some of the things being said of $200,000 Bitcoin in say 5 years a $1,000 investment would be $20,000 then. So why not clean

the 'attic' out, sell some clutter on eBay with the pandemic and boredom and all..just in case?

But alas, I'm 'zero out of around 10 folks on this' (if you count the ONE almost like an adopted niece.that put $50 in PayPal into BTC) sigh

Somehow, now, years past since 2013-2016 say, when I tried to get people into this, they claim I never pushed them enough

I 'try' to point out I can really only 'nudge' friends and family in this kinda thing, but I think they feel I should have sat on them to make

them buy back in the day. So taking that in stride I now try to get them into BTC/Crypto via (i mean frigging easy) PayPal or Coinbase

and it feels pushy....so again they comment on my good fortune..but can't for the life of them see that Bitcoin being Bitcoin STILL

may pull its same stunts and go up 8x,16x, or whatever in the next 5-10 years.

I'm not sure even 'filming' them with my cell phone would convince their future selves that I tried hard enough.

So it goes, but I thought I'd as least get 'some' more traction the 2nd time around, but seems not to be so.

Brad

I don't know what country you're from but, I think it's somewhat difficult to see someone who knows bitcoin when you're offline. But when online, you will find people from your country who has interest in it and also knows it. I don't see people when I go out my house. But only, there are a lot of people.

Here are some of the things that make people not to know bitcoin:
1) Lack of research: many people are very lazy to make use of internet to really know what bitcoin is all about,and how people can use it to develop their country.
2) illegalize: many citizens don't know bitcoin Because the digital currency does not legalized in their country, that make them not to have any idea on bitcoin.
3)Scam: many people still think bitcoin is a scam currency that can reduce someone wealth to zero level in their Investment.

Perhaps it is not surprising that there are still many people who are not familiar with Bitcoin.
Because little news about Bitcoin on social media and local news.
Therefore it takes a lot of promotion on social media and local news.

If top tier countries still facing this problem, you can imagine how most of the people in a third wolrd country like indonesia have no idea what is bitcoin. Internet means facebook, instagram, tiktok, and youtube here.
They think bitcoin is like a cheap trash, that we can collect by spamming other people with invite code 

IMO, the best way to introduce bitcoin is to make it featured/attached on a popular thing first.
I wonder if bitcoin can be introduced by featuring it on a popular series like Startup. It is popular among teenagers and adult in here. it’s also relateable. 

Among the 10 people I ask about bitcoin in my real community especially in my work environment, no one knows what bitcoin is. I took the initiative to tell them what bitcoin actually is, but since they are still quite confused about what bitcoin is, I can only tell them about bitcoin in general.

Frankly, there are some of them who are interested in knowing the use of bitcoin because it can be traded, but because they still don't know much about trading, I stopped a little and asked them to understand bitcoin first before they started their activities as a trader.

The conclusion is, there are still too many people in society in various countries who don't know about bitcoin and other cryptocurrencies. This will be the reason why bitcoin cant be adopted globally as a mean of payment so that it will inhibit bitcoin adoption rate. Even so, I believe people will find out about bitcoin sooner or later.

Its true don't rush people to use bitcoin instantly without any knowledge because when they lose some money from bitcoin they will think that bitcoin is scam , nowadays many ponzi scheme are open from internet where promising people to double their money by investment big money nor small money, People should take a part of learning from the basic and learn from step by step not just they already heard from it they can easily use it.

Yes they are the future of new investors however are they willing to take the risk? We are now in the future of bitcoin digital currency where people can easily transact money all over the world easily.

I think that is the case in most countries. Majority of people are still not familiar with Bitcoin or crypto in general, there is not enough knowledge and awareness. I"ve read somewhere that only about 2 million people in the world is using cryptocurrencies and that is really small number havimg in mind overall population. So, maybe we here in forum have the feeling that Bitcoin is something normal, familiar to everyone but that is not the case and for a long period of time it will not be.

There are many underdeveloped countries where bitcoin is banned. As a result, people there don't know what bitcoin is. There are some developed countries where they are busy with Facebook and Twitter. They may not have heard of Bitcoin. There are also problems in developed countries. Those who know do not persuade others to reveal it. The question is constantly revolving everywhere, always, in all environments.

^ we are just wasting our time teaching the public about Bitcoin, it's better if they are alone to find out about Bitcoin when they want to. we are faced with public who do not want to know about technology and think pessimistic about new things.

Because they are not open minded and that bitcoin is still.new not like gold which has been there for ages. Anyway, since we are in the new or modern days with new technology it might be interesting for the new generation to own an asset like bitcoin with a unique value. It is a matter of time where people can learn about bitcoin because it is an optional or needed like for example when bitcoin will become part or option for payment which one could need to learn about bitcoin and bitcoin transaction.

   Bitcoin is a modern technology that is new and not yet known to the majority.And it needs to focus time to time to fully get to known the field of technology of the majority and reach people and soon even the farthest place will begin to acceot bitcoin.And they will known the importance of bitcoin.

Even though BTC and custom cryptocurrencies have been existing for a long time, there are still people who don't know because that's what they have chosen. Many don't even know that BTC itself isn't "money" but an asset with monetary value. Time will say if people will open their minds and start knowing more about this great technology and "money" which is already a great part in our lives.

yes this is a problem of one's mindset where one's thoughts will be more inclined towards negative things than positive ones and it is easier to absorb negative things
coupled with their lack of knowledge makes them trapped by con artists who promised profit from bitcoin but they only collect investor money then leave without a trace

You surprised that many people still doesn't know cryptocurrencies??

I'm not surprised because even in my place, they don't even know the word Bitcoin because they aren't have any knowledge or experience in investing in general. There are many people around the world who doesn't know anything about it unfortunately. There are some though who heard it but just ignored it. There are some who aren't interested at all. Either of the 3, this scenario isn't uncommon because Bitcoin is around for just 12 years and counting. Few years from now for sure more and more people will know crypto and will try to use it.

That media exposures will let many people to understand and learn more about bitcoin, it can't cover everyone but it will helps a lot
in terms of awareness and popularity.

Most of those undeveloped countries are not been aware about this crypto industry, without any knowledge about internet the chance
of learning this market is really slim for them.

I also see that there are so many people that didnt know about bitcoin specially in my country, the people who are old enough didnt know aboit bitcoin because bitcoin is publish or created on year 2009,

By including Bitcoin and its technology in learning materials at school or at university, I think there will be parties who feel disturbed by the existence of this material about Bitcoin. These parties will feel threatened that their future will not get a very tough opponent until finally evolution occurs like Nokia which was replaced by Android, or Yahoo which was removed by Google.

The party who is disturbed is the party who always takes advantage by acting as a third party or a company that wants to centralize everything.

In our country as well is having the same thought as your country as well, there only few people who has a knowledge about bitcoin because I think for them cryptocurrencies are not part of mainstream transaction and also our country is somehow left behind with regards to innovations and online technology that is why people here dont know the importance and benefits of bitcoin and other cryptos.