Topic: People still don't know about Bitcoin - page 18. (Read 5715 times)
I think many people stay away from bitcoins thinking it is some illegal thing.And majority of people in my country doesnt know about bitcoins and those who knows have only negative things to say.As bitcoin is reaching 20k ,many media articles might cover bitcoins then maybe more people might know a bit more about bitcoins.
We are a developing country here in Asia and it is sad to say that many of the elite knows about bitcoin and a small percentage of general public with nearly zero knowledge about it so I am now educating some of the younger people about crypto, I know I am no expert but telling them to read about it, its like helping them for their future.
It is not something that is surprising anymore I think, for me personally with the environment where I live, they are aware of the digital era that is growing so rapidly that they are not only familiar with bitcoin. In fact, sometimes they ask me about an investment project with a certain coin or token, and basically I don't know the project exists and is being developed in my country. It's funny, when cryptocurrencies are no longer truly anonymous these days but what is unfortunate is that they still argue that cryptocurrencies are a quick way to get rich.
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?
How much there is who face this problem?
Not just your country, it happens in other countries too many people are still ignorant of btc, for now the number of people who are aware and understand btc is very little compare to those are still unaware but even at that the btc awareness keeps growing steadily,
Compare to previous years btc has gain a lot of exposure, many people know btc now, if you look at the crypto Community, and as time passes many people will join the space.
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?
We can think that we are already in huge adoption but still, the majority haven't known yet about Bitcoin. Of, if even they heard the word Bitcoin as it was been talked about online but never know what is its role in our lives today. Total blindness still we saw around and we can't deny that because even on my family members never know as well. And the reason why the majority still not know about Bitcoin/crypto is that because many were also afraid to try due to doubts or nobody is telling them either. How much there is who face this problem?
Yeah, it's true. I am from India and most of the people here thinks it's some kind of illegal money, which mostly work for criminal and other illegal stuff.
Why do you call it the problem? Bitcoin adoption can be sudden. People need more time to learn about Bitcoin and understand it.
i think that was a normal reponse that you will get if a person you ask dont know anything about btc but for the people that already know it they will respond to you in another way .
Actually even if they Know Bitcoin but the negative Crap only then sure no one of them will Use this Currency.Quote
all countries in the world have thier own percent of people that are not yet into bitcoin so if i were you i dont wanna stress myself much about this things . sometimes people are just late learner but for sure the adoption towards btc will soon improve .
They will eventually Learn this but not today,Don't expect that every person you will met has a knowledge about crypto because this is not true. 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?
How much there is who face this problem?
It is the same like there are lots of people that do not know who Elon Mask is or know nothing about Binance exchange for example, what is synchronizer or how to raise wheat. In every direction there will be new facts and lots of information for everyone. And of course Bitcoin is well-known for those who is interested in money, profit and investments. For lots of people who are not interested in such things at all it is still something unknown and new.
Only people who are in this forum can fully understand what Bitcoin is. Knowing how the mainstream media is giving wrong impression to its audience, surely people will stay away from it. There were only few platforms that allows people to gain right and correct and information about Bitcoin. Bitcoin is still in the early stage and gaining popularity more and more each year. Bitcoin will only be realized when mainstream and educational institutions provide good and essential information to the people.
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?
How much there is who face this problem?
We really cannot blame them if they do not have knowledge regarding Cryptocurrencies. Cryptocurrencies only lives within the Internet and people without access to Internet would really have no chance on learning them. One of the best way to introduce Bitcoin along with other Cryptocurrencies is by showing the results on what can be achieve if you have knowledge regarding them which is a great thing.
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?
How much there is who face this problem?
First of all, I would like to explain very briefly what bitcoin is .
Bitcoin is a virtual currency, a cryptocurrency, based on blockchain technology.
Bitcoin was created by Satoshi Nakamoto , an alias of someone who has kept his identity hidden until now.
Bitcoins is a cryptocurrency among a huge market of these, but it is the most famous for being the first known to people.
Bitcoins are listed on the cryptocurrency market, and can be bought and sold like a normal currency through an electronic purse or Wallet.
The difference between cryptocurrencies and euros, for example, is that the former are virtual and decentralized currencies , without being controlled by banks or institutions like traditional currencies.
i think that was a normal reponse that you will get if a person you ask dont know anything about btc but for the people that already know it they will respond to you in another way .
all countries in the world have thier own percent of people that are not yet into bitcoin so if i were you i dont wanna stress myself much about this things . sometimes people are just late learner but for sure the adoption towards btc will soon improve .
all countries in the world have thier own percent of people that are not yet into bitcoin so if i were you i dont wanna stress myself much about this things . sometimes people are just late learner but for sure the adoption towards btc will soon improve .
Moreover, I have noticed that IT guys are overrated. Just because someone knows how to think algorithmically and write some code using a programming language, doesn't mean he/she is smarter than an engineer or a mechanic. Also there are so many branches of programming. If someone is a front-end coder, he might have never even heard about blockchain.
Well, it is a fact that in those early days bitcoin spread mostly among that group, and even now majority of people around me that are more knowledgeable about bitcoin and crypto in general are from that sector, and it is not a surprise. For me, thing that got me into crypto was mining part, and fact that you could make some money with your GPUs/CPUs , as back then (early 2014) I was really into PC hardware so for me that was kinda fun.Potentially, the reason why most IT specialists, programmers, developers, and other tech-savvy individuals cannot comprehend the significance of bitcoin, the reasons it was created in the first place, goals it aims to attain is because bitcoin is more than a mere software program. The thing is even if you are able to understand what code inside that program does, it won't tell you why it does so. For example, Satoshi has found a solution to the problem of Byzantine generals, he created a digital and scarce commodity that cannot be copied but can be sent to anyone in the world. Okay, great... But why do humans need it? Not everyone is ready to dive into a rabbit hole to find an answer.
That's true, many simply do not see the reason why would they own any bitcoin. Whether for paying stuff, or as a form of investment as that's why majority of people are buying it for. Then there is a group of those that don;t want to admit that they were wrong because of ego, so they keep saying the same stuff. I was arguing with them for years on one IT forum, and almost none changed their mind. Despite all that, I still think that in these 11 years bitcoin spread more than even Satoshi or any other early people thought it will i such period of time, so I would say that we are ahead of the roadmap and, 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?
How much there is who face this problem?
We really cannot blame them if they do not have knowledge regarding Cryptocurrencies. Cryptocurrencies only lives within the Internet and people without access to Internet would really have no chance on learning them. One of the best way to introduce Bitcoin along with other Cryptocurrencies is by showing the results on what can be achieve if you have knowledge regarding them which is a great thing.
Don't expect it too much since a lot of people are not familiar with cryptocurrency most of them are really not familiar with this because it's too complicated for them only people who have a background to technologies and people who really are interested to cryptocurrency are the ones who are really are into crypto and also not people fiat still the easiest way to use it can use offline and online transaction.
ya.ya.yo!
ya.ya.yo!
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 not a problem if they don't know the bitcoin is. Why members here expect too many people know about bitcoin in their country? If this is a problem for you, then educate your society/country about bitcoin. Even if you educate them, there's no assurance that they will buy and use it because of the bitcoin's image in the news. Like in my country, bitcoin and other crypto-currency are used in social media scams as a payment mode or as an investment scheme like double your money in a month, so when they hear bitcoin, they will not use it even if they knew it. This is the problem because they knew about bitcoin, but the information they knew is not true. How much there is who face this problem?
How much there is who face this problem?
If so, you should introduce Bitcoin or other crypto to the community where you live, and say something about Bitcoin, I'm sure they will accept it well if you teach them properly.My belief is that the majority of Crypto is generally known in urban, maybe rural areas if only a few people know about crypto, this may also happen a lot in other countries including my country, not generally knowing about crypto.
But with the current sophistication of technology I think almost 70% people already know about crypto / bitcoin, sometimes people don't care, only certain people want to really know about Bitcoin.
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I know it sounds ridiculous, but that's what many people here think. What surprises me though is how many of the them are in IT business (programmers etc) and should be able to understand bitcoin concept better than some average Joe, and no amount of reasoning can change their mind.
Potentially, the reason why most IT specialists, programmers, developers, and other tech-savvy individuals cannot comprehend the significance of bitcoin, the reasons it was created in the first place, goals it aims to attain is because bitcoin is more than a mere software program. The thing is even if you are able to understand what code inside that program does, it won't tell you why it does so. For example, Satoshi has found a solution to the problem of Byzantine generals, he created a digital and scarce commodity that cannot be copied but can be sent to anyone in the world. Okay, great... But why do humans need it? Not everyone is ready to dive into a rabbit hole to find an answer. I know it sounds ridiculous, but that's what many people here think. What surprises me though is how many of the them are in IT business (programmers etc) and should be able to understand bitcoin concept better than some average Joe, and no amount of reasoning can change their mind.
I'm not really surprised at all. I still believe only less than 0.5% of the world's population are actually adopting or knowledgeable about Bitcoin right now. Even if it's more than a decade old, Bitcoin still has long ways to go before the whole world would finally recognize it. Just like the evolution of money, transitioning from barter to gold to physical coins/bills really takes a lot of time (like we're talking about decades for instance). We just have to be grateful that we are the early adopters of Bitcoin, etc.
Yes i do believe in it also, even here in our country i bet only few knows about bitcoin. Well its because we are one of the third world country and even we are now living in a modern world of technology still not the all population of our country has their own mobile phones, no internet connection that may the only way to introduce bitcoin. I am grateful to have a previlege of having a mobile phone and now adopt the new rising crypto investment.
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