Topic: People still don't know about Bitcoin - page 6. (Read 5715 times)
We cannot help to notice that the awareness of Bitcoin or cryptocurrencies, in general, is different across zones and regions. In my country, the southern part is well more knowledgeable in crypto trading than the North, and not that crypto is not known up north but when we start looking at the percentage of people that know and are engaged in trading crypto. Most people north don't know what it is and even if they did know, are not willing to invest in something they can't physically hold, it is just their nature but one thing is clear that most of the people that are engaged in crypto right now up north are millennials and with time it will even be widespread.
there.are so many people who don't understand about bitcoin and how it works.therefore we need to shed light on how bitcoin actually works.for a business process that is very, very profitable.in its.business processes.for our lives in the future, and not there.is another.negative opinion.towards the crypto world
Right now almost everyone knows about bitcoin, especially in my society. Especially in range 17 years old - 40 years old. I think the reason why bitcoin so popular in my country because of pandemic, most of the people looking for money from home (Trading) and bitcoin price surge very high in 2020 period.
Don't consider them that Knows about bitcoin if they only Heard the name and don't really understand what this is and how this works.it sounds like they have Idea about bitcoin but don't know what this is.
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The people who really knows bitcoin are those who invest on this and use this for some things they can afford .
Bitcoin is a new currency based on blockchain technology. They heard about Bitcoin through very few channels and didn't know its benefits, so they were not very interested in Bitcoin. Bitcoin is rarely used in daily transactions, and some areas even suppress Bitcoin and prohibit to use it. Bitcoin has a small application scope in their lives, and they will not take the initiative to understand and analyze Bitcoin. So they think Bitcoin is illegal, they will be afraid of Bitcoin and choose to use government-supported legal currency.
Even in my country lot's of people don't still really know about bitcoin some people think Bitcoin is just used in scamming, people some people dont really believe in digital currency dey don't believe in the money they don't see but I believe with time thing's will change because the rate at which people are beginning to know about bitcoin I just believe with time everybody will get to know about bitcoin.
It's true that not many people know about cryptocurrencies. But now with the good development of crypto, many people are familiar with cryptocurrencies even though they don't know it fully. Most of them just know or have heard of it. Indeed, to learn the crypto world requires great will and perseverance. It is not easy to be able to follow the crypto world with the risk that there are many people who give up after they learn the crypto world because many also lose. That's why we have to be really careful in the crypto world.
Right now almost everyone knows about bitcoin, especially in my society. Especially in range 17 years old - 40 years old. I think the reason why bitcoin so popular in my country because of pandemic, most of the people looking for money from home (Trading) and bitcoin price surge very high in 2020 period.
There would always be those that would be ignorant on some developments or world innovations until they come to a general acceptance. Cryptocurrencies would always be strange to some person and bitcoin most of all because, its a developing niche of it's own and isn't a generally accepted one most of all and as such, there is a limit to the extent its advertisement can go not minding technological limits as those in the rural areas can't afford this basic needs of life.
Also, urban dwellers too. Some persons might be familiar with the team and if you ask them what is bitcoin, they could only stop at 'Bitcoin is a cryptocurrency' and that's all. It tells you to what extent people have refused to be curious about what is trending in there society that has little or no effect on them. It never becomes a thing until it has some effects and to that fact, people would always be ignorant.
Use the pandemic Covid-19 for an example. Its only been about a year and almost the whole word with exception of some tribes that remains unexplored or accessed not to know of the pandemic mean while, bitcoin has been around for some 11years yet, a lot of the world population are ignorant of the term and its niche.
Also, urban dwellers too. Some persons might be familiar with the team and if you ask them what is bitcoin, they could only stop at 'Bitcoin is a cryptocurrency' and that's all. It tells you to what extent people have refused to be curious about what is trending in there society that has little or no effect on them. It never becomes a thing until it has some effects and to that fact, people would always be ignorant.
Use the pandemic Covid-19 for an example. Its only been about a year and almost the whole word with exception of some tribes that remains unexplored or accessed not to know of the pandemic mean while, bitcoin has been around for some 11years yet, a lot of the world population are ignorant of the term and its niche.
It used to be a niche I would say, but by now the industry has grown so big that it is hard to believe that there are still people who have never heard about Bitcoin. A lot of people might not understand it and aren't interested in understanding it, but I guess literally everyone should have heard about it by now. It's essentially everywhere in the news all the time.
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?
that's right.. there are still many people who don't know about bitcoin. As for sometimes people know only when something viral bitcoin reaches a price of hundreds of millions but even then many people still don't understand. Some people know but their understanding is wrong, they sometimes still compare bitcoin with stocks. And what's worse, people are still asking if bitcoin is halal or haram How much there is who face this problem?
Yeah it's about something they feel safe...it's the advancement of tech they fall off..It's something common theme over here, the signal for internet barely reaches the rural village and the people always do the traditional ways doing it..What we do over here always give some education and explanation to them that technology is growing every day and you can easily send money to anywhere in the world. for them seeing is believing.
Man in my own country Indonesia, some people even store their money under the bedroom!
yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? "
Yeah it's still more and more popular over here, but I can say, we are still early.
yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? "
Yeah it's still more and more popular over here, but I can say, we are still early.
Technology is something that need time to be accepted and adopted by people especially people who still live in 3rd world countries where most activities is still being done in traditional way. We can force them to accept and adopt technology obviously but we need to tell them about it by some possible ways as we can.
Regardless what will they react about it, at least we have tried to tell them something great where they can enjoy the life better than before without leaving their traditional culture.
theres still places on this world cant be reached by internet? Its just a matter of mindset of someone people but there are factors which make it more challenging because of resources that is needed
and this is where reality sets in and its just sad to think off that there are people who cant really just get involved due to those factors and this is the reality and lets
hope that there would be some gateway to reach out to those people who arent aware on whats happening specially on digital world.
We are by all means allowed to partake in ensuring that bitcoin's reach is expanded by the day. But we are in now way capable of expediting the process up to a global scale because as of the moment there will always be critics and haters of bitcoin and probably cryptocurrencies in general. So what we should do is basically, just carry on with informing people about what bitcoin is and enlightening those who are still not in the clear or are hating because they know too little about cryptocurrencies. Sooner or later we'll find ourselves already reaching the entire planet.
Man in my own country Indonesia, some people even store their money under the bedroom!
yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? "
Yeah it's still more and more popular over here, but I can say, we are still early.
Their primitive thinking is justified by their primitive experiences, it is really important that these rural areas be informed about the advancements that have been made in the banking and monetary sector of things but then again, you can only teach an old dog few tricks. Just keep on informing and explaining how banking works now to these people and surely they should be able to at least grasp the basic concept of what you're talking about. yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? "
Yeah it's still more and more popular over here, but I can say, we are still early.
Man in my own country Indonesia, some people even store their money under the bedroom!
yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? "
Yeah it's still more and more popular over here, but I can say, we are still early.
yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? "
Yeah it's still more and more popular over here, but I can say, we are still early.
Technology is something that need time to be accepted and adopted by people especially people who still live in 3rd world countries where most activities is still being done in traditional way. We can force them to accept and adopt technology obviously but we need to tell them about it by some possible ways as we can.
Regardless what will they react about it, at least we have tried to tell them something great where they can enjoy the life better than before without leaving their traditional culture.
No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing.
Some people don't believe in Bitcoin, they see it as a waste of time, and others believe is a scam. While some people have not heard of bitcoin. But as you stated, Bitcoin popularity are growing everyday. But, i think it will be helpful, if we try and teach people what Bitcoin actually is. How it operate, and the benefits of investing in it. With this kind of informational drive, personal experienced served as good basis to those people who are afraid or have misconceptions about this chain.
It can make a domino effects if we do things effectively, bringing more interest from those people who are close to us that we also wanted to know and learn more about Bitcoin / cryptocurrencies.
No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing.
Some people don't believe in Bitcoin, they see it as a waste of time, and others believe is a scam. While some people have not heard of bitcoin. But as you stated, Bitcoin popularity are growing everyday. But, i think it will be helpful, if we try and teach people what Bitcoin actually is. How it operate, and the benefits of investing in it. Only teach those who are willing because for those who are not, you will receive a lot of opposing comments. Hard to explain if the person in front of you already formulated conclusions that are not founded. Ignorance usually is the reason why many people don't like bitcoin. And even us, if we don't know the subject it is hard to convince yourself about its existence. So if someone is willing to listen, then, let him know what you know.
No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing.
Some people don't believe in Bitcoin, they see it as a waste of time, and others believe is a scam. While some people have not heard of bitcoin. But as you stated, Bitcoin popularity are growing everyday. But, i think it will be helpful, if we try and teach people what Bitcoin actually is. How it operate, and the benefits of investing in it.
Speaking of the share on your post, I also had a similar case, they asked me what this is, how can I sell it for cash, how can I trade, sometimes I don't even know how to explain it to them? better understand BTC, especially the elderly, they do not have much contact with current internet technology, they are really old-fashioned and do not know anything about technology.
Where do you guys live? In the US, I would say 95% of people have already heard about bitcoin. Many of them might not have an in-depth knowledge of it or invest in it, but they have at least heard of it before. Particularly earlier in the year during the Elon pump, even going to local restaurant, there would always be at least one table talking about bitcoin or doge.
It's also true as you said, my friend, if in the US, in China there may be many who know and know bitcoin, but I think there are still many other countries that don't know bitcoin, such as Indonesia, it can be said that only 30% are playing in the crypto world, and the rest they don't know bitcoin, some are still afraid to play in the crypto world..
Man in my own country Indonesia, some people even store their money under the bedroom!
yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? "
Yeah it's still more and more popular over here, but I can say, we are still early.
yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? "
Yeah it's still more and more popular over here, but I can say, we are still early.
they don't believe in bitcoin so they don't have a sense to know bitcoin more deeply
This is what mostly happened, people don't believe in Bitcoin because they heard only FUDs about Bitcoin. So, finally they are worried and not interested to buy Bitcoin as a digital asset. We must help them to know the truth about Bitcoin, explaining to them the advantages of being Bitcoin holders. Tell them how to invest properly in Bitcoin and some true successful history about Bitcoin holders. This good information may lead them to trust a bit and gradually interested in buying Bitcoin.Jump to: