Topic: People still don't know about Bitcoin - page 13. (Read 5715 times)

There is no need to be surprised to know the fact that there are still many people who don't know Bitcoin.
Because the Bitcoin community is still very small, and there is also little news about Bitcoin in the local news.
Therefore, it takes a lot of promotion and education about Bitcoin, I really agree if Bitcoin is used as a subject
at the universities. So knowledge about Bitcoin can be obtained as early as possible, that way the spread of
information about Bitcoin is getting faster.

Don't Rush them Mate,instead Help them Know and find Bitcoin in your own special way,Because ordinary people Knows nothing about this or if they had sometimes it is Negative site.

It is our Part to let them know that this is circulating and with a Good promise of convenience Payment method.
They might not know this today but with your help they become investor tomorrow.

Bitcoin despite being popular and making news many still don't know bitcoin or at least what really is bitcoin. Most of them already heard things about bitcoin but they are not open to stuff like bitcoin, they always thinks that bitcoin is a scam or just a internet troll or a useless entity in the internet. Most people like what others are saying are ignorant about bitcoin and that is not a new problem for bitcoin. Thankfully here in my country more and more people are already accepting and understanding what really bitcoin is, I know many people before who thinks bitcoin is a scam and now they are using and believes in the potential of bitcoin.

There is nothing to be surprised about in a situation like that, it all depends on where you’re living, it is possible that there are people that wouldn’t know what it is, you’re just lucky that you got to know it before them. If they ask you what it is you just explain to them in any easy way as possible that they will be able to understand it. Trust me with time it’s no longer going to be something strange or new to them, there will be time they will be the ones even talking about it.

I remember when I got to know bout Bitcoin in 2015, people where I live didn’t know a single thing about it, but this time around Bitcoin is a hot topic where I live.

just like in my country, the government prohibits all transactions using bitcoin to buy goods or groceries, because here fiat is the main one, and in my country for millennials bitcoin or cryptocurrency is not in any subject or guide in high school.

I've been getting questions about Bitcoin more lately. I tell them to simply buy some on PayPal, say $50.00 USD just to watch such.

I also tell them to 'attic mine' in that only big data halls can you mine with ASIC miners now of any BTC/Crypto. So by 'attic mine'

I mean sell crap in your attic to make a rec room and improve your house value and stick it into BTC dust in case BTC does what

it so often has in the past and suddenly go up 8x or 16x again. Or go to estate sales and/or rummage sales and sell all the above

for less stress and more fun and likely, much, much, more profit than home mining for BTC just in case places like Citigroup and an advisor are

correct and BTC goes to $100k in 2021. Been taken better by 'newbies' in the past. I think PayPal taking BTC and other cryptos

took some of the usual FUD/Scam out of the concerns and conversations of newbies in 2020. We will see, but so far about 4 people

got some PayPal at least to 'stick their toes' into the crypto waters. I also tell them to remember we have had the ATH and then

the FOMO and now the FUD will start. (case in point Trump Administration saying they will have 'clarity' on crypto regulations in 4-6

weeks, deadline 5 days before Biden Administration takes office. So I tell them to buy and HODL and accumulate BTC dust for at least

5 if not 10 years. Again, seem to take advice better than in the past and again, likely because of PayPal's endorsement of crypto.

Brad

It's not a problem at all if they don't know about Bitcoin, their life, their choices. Maybe they've already heard it somewhere but they thought Bitcoin was just a joke. In the year 2016 when we've had a seminar about programming, one of the speakers talked about a little bit of Bitcoin, he said that we could have Bitcoin by mining it and I thought that it was just a joke and earnings there is so little.

But thanks to a friend of mine who introduced bitcoin to me in way I could understand it even more, and that's why I got here. Bitcoin will continue to grow and progress even without the majority knowing about it, so stop bothering about the people who don't give a thing about it.

If any people work in online first he know about bitcoin but don't know about crypto Currency. Our country don't accept bitcoin so many people don't know about it. Many people ask me about my profession i tell that i am trader then ask what is trade. I open bitcoin and price chart.

No, probably they are not ignorant but just a clever person who is afraid of risk. Bitcoin and investing in it are just for risk-takers, they are not and they keep that understanding since then. But this kind of mindset has a lesser chance to improve for they are absolutely a close-minded personality.

But anyway, that ignorance leads to scams. Their minds have set to its limitation.

Am not surprised, because where I come from people there are very ignorant. If you try telling them the will just qualify it as a scam

Don't be alarmed by the negligence of folks or better still the lack of resources that is still hindering parts of the world from the global change in the economic world. I know several folks who still don't have a clue what cryptocurrencies are. Even folks don't know any thing about electronic payment system that exists at the moment. it's such a pity but I believe we can all do our best in exposing this technology to people whom we know because it's the future.

It seems that with this pandemic many people have started to find out what bitcoin is, I also feel this in my own area, because many people are starting to be curious about bitcoin.

Of course this is a positive value in itself for how bitcoin continues to develop, considering everything I think will also be completely digital, digital payments will be very necessary in the future.

This is common with each and every country people. Bitcoin isn't promoted through any form of advertising. Even the common man could've known about it, if it was advertised. Whenever there is big rise in the market it gets mentioned on the media. So, it isn't possible for everyone to know or learn about bitcoin. The scenario will change if the governments in the country legalize to be used same as traditional fiat.

I think those who are far from modern civilization, not very familiar with the global internet and communication are just ignorant about bitcoin and cryptocurrency. Because nowadays reports about bitcoin and blockchain are often published in every social media, news portal. Again, there are many freelancers who are not very interested in bitcoin, they actually move away from bitcoin due to their own ignorance, they are actually accustomed to paypal, skrill, neteller these payment methods and they are very monotonous they can't really accept the change.

True. Because eventhough you thought you have a lot of knowledge and experience with Bitcoin, there are always uncertainties that will come along the way. Bitcoin is very tricky. You will think that you know everything that's need to be known about Bitcoin, but still there wil  always be something that still behind more deeper that's needed to understand.

Blockchain have a lots of usages where bitcoin was been built, that's another thing but the idea if you wanted
to learn more is always from where it's started.

This happens everywhere, my personal group of friends, they all know about BTC because I have been in this for a few years now so they ask me whenever they have questions, but only ONE has actually invested in it (via some bank site in europe, Revolution? Revoluts? I don't remember), but hey, that's something. I advised him to get a dedicated wallet on his phone or on his PC but he's "too smart for that".

People are not taking BTC seriously, look at all the recent institutional money that has poured into BTC; the $50m in BTC purchase I saw just t oday by square speaks VOLUMES of what's coming ahead.

A lot know its presence but how to use it is another story. I have encountered a lot of people that they have heard about bitcoin or crypto but they don't know where to start understanding it. And most of them, they thought that once you knew bitcoin, you can earn a lot of money, which of course is not true. And some heard negative news about btc, where hackers and scammers are in play in this technology. So they are afraid to touch this. That bitcoin is used in the dark web, etc. Ignorance is the common reason why people don't know anything about btc. If they will educate themselves even by reading via net, they will start to understand its true nature.

The main reason why people do not know about Bitcoin is that they have not received the simple and clear information about this technology. Since Bitcoin is decentralized, governments have not been interested in aligning itself with Bitcoin. But it will be a matter of time for more people to know about Bitcoin from 2021. Let's see what technologies have been working on and what products and applications they will offer us after the noise that Bitcoin made in 2020.

If it really happens, so this is your chance and time to introduce too many more people to what Bitcoin and crypto are. In my country, many people have realized about Bitcoin. Bt it is quite same, many old people also don't think about it. They may be not interested and also will not focus on this term. Moreover, many young people are also still not aware of it although they will know it easily, they do not put their attention to it. having real work still becomes a priority in our country.

Cryptocurrency is a very common term in the developed countries of the world. Low-income countries and those in the under-development phase are less aware of cryptocurrency. However, it is undeniable that developing countries have a lot of interest in cryptocurrency and Bitcoin. For example, many Indian crypto projects are announced in forum,, You know, Bitcoin was illegal in India a few days ago.