Topic: People still don't know about Bitcoin - page 8. (Read 5715 times)
Not everyone is reached by the Internet and impoverished people don't have the necessary gadget to access bitcoin or any information about it, maybe if we go on a campaign that will inform people from all strata about cryptocurrency and bitcoin, we can probably make a difference because information is enough to make them curious.
in my country many know bitcoin but they only know the price of bitcoin they just think bitcoin is expensive but they don't know how to get bitcoin so they don't know the true function of bitcoin.
Some countries suppress Bitcoin and prohibit Bitcoin transactions, and they will think that what the government does not support is illegal.
Because the bitcoin market price fluctuates greatly, they will be afraid of the risks that arise when the price drops. They have not held Bitcoin for a long time, and they do not know the benefits of Bitcoin and the positive impact on the world.
Because the bitcoin market price fluctuates greatly, they will be afraid of the risks that arise when the price drops. They have not held Bitcoin for a long time, and they do not know the benefits of Bitcoin and the positive impact on the world.
actually there are still many people who don't fully understand bitcoin and they also don't like bitcoin and if people want to learn to understand bitcoin of course we will teach them how to base it on bitcoin itself which is a long-term business that we can invest with an indefinite period and an indefinite time. Therefore, it's not that they don't understand bitcoin but they tend to be those who do not understand bitcoin itself
In cryptocurrencies world, 300 millions people (among from 730 cores) directly and indirectly aware about online virtual cryptos. But In my country more than 3% people are know about cryptocurrency. I am sure in the future if cryptocurrency existing,then all classes of people would know about bitcoin and others cryptocurrencies.
people only know what bitcoin is.but they don't fully understand the nature of bitcoin itself.which is.always negative.towards.bitcoin with some pressures.that.cause bitcoin to go down.t seems.like everyone knows.that bitcoin is.not good in.their opinion.even though we don't explore what the benefits.are from bitcoin.itself
the word bitcoin is not good because many of the beginner bitcoiners lose when investing in bitcoin, during the bullrun they invest without learning what bitcoin is, so the price goes back down and they sell it for fear of losing their money, so they talk negatively about bitcoin without the learning process first 
people only know what bitcoin is.but they don't fully understand the nature of bitcoin itself.which is.always negative.towards.bitcoin with some pressures.that.cause bitcoin to go down.t seems.like everyone knows.that bitcoin is.not good in.their opinion.even though we don't explore what the benefits.are from bitcoin.itself
the word bitcoin is not good because many of the beginner bitcoiners lose when investing in bitcoin, during the bullrun they invest without learning what bitcoin is, so the price goes back down and they sell it for fear of losing their money, so they talk negatively about bitcoin without the learning process first 
people only know what bitcoin is.but they don't fully understand the nature of bitcoin itself.which is.always negative.towards.bitcoin with some pressures.that.cause bitcoin to go down.t seems.like everyone knows.that bitcoin is.not good in.their opinion.even though we don't explore what the benefits.are from bitcoin.itself
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?
Slowly but sure we are getting there...and seeing most of our big crypto companies are taking a big step by being proactive in trying to make cryptos known to the world.How much there is who face this problem?
We have seen some fiat casinos offering crypto services, sponsorship of sports activities which is another major step and a whole lot going on. If I were to guess I think 30% or more of the world's population know about bitcoin as of today.
almost all people lately have started to know about bitcoin but they tend to not understand how to play bitcoin because in this modern era, almost everyone knows about everything but they don't know what the use and function of the item or business is , because they only know the class but don't understand what bitcoin means and how it works bitcoin
There are also other reasons like they know bitcoin but they find it expensive and don't want to buy it.Whilst some already knew what bitcoin is and they know the price of it presently but they have the mindset of the rich quick just as what they've seen with successful people that have shared their bitcoin journey.
Some are just quietly understanding the concept of bitcoin before they firmly invest on it.
Like some social media platforms, even up to this day, some people have no idea that it exists, considering how popular it is.
Bitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.
- Perhaps we are elevating the problem to the level of complexity while the problem is not about people's understanding of bitcoin, it is also unrelated to popularity because in a very ordinary country, the internet and communication networks are also expanding, bitcoin has also gained traction, it is impossible to think that people still don't know or understand it. Many people are probably just being proactive in not caring about the presence of bitcoin, they know why and they care about many other issues, perhaps with themselves, Bitcoin is just a very ordinary name and does not need much consideration to investBitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.
It is not impossible that there are people who don't understand or know it. Although not very often, I do meet people who have no clue about Bitcoin. But you brought something else up that might be of relevance. There are people who don't understand Bitcoin and refuse to learn about it let alone use it. It's the same with even much easier technologies like e-commerce platforms or even email. The older generation sometimes refuses to use that stuff and the more complex something seems to be, the less the willingness by some people to get accustomed with it.
almost all people lately have started to know about bitcoin but they tend to not understand how to play bitcoin because in this modern era, almost everyone knows about everything but they don't know what the use and function of the item or business is , because they only know the class but don't understand what bitcoin means and how it works bitcoin
Like some social media platforms, even up to this day, some people have no idea that it exists, considering how popular it is.
Bitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.
- Perhaps we are elevating the problem to the level of complexity while the problem is not about people's understanding of bitcoin, it is also unrelated to popularity because in a very ordinary country, the internet and communication networks are also expanding, bitcoin has also gained traction, it is impossible to think that people still don't know or understand it. Many people are probably just being proactive in not caring about the presence of bitcoin, they know why and they care about many other issues, perhaps with themselves, Bitcoin is just a very ordinary name and does not need much consideration to invest Bitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.
Because most people dont have the access to internet and it is still not supported and accepted across the world. digital currency is still not being used bya most countries. but many companies are willing to invest to cryptocurrency like Tesla of Elon Musk. It lacks promotion and information on its technology. The government does not support because they cannot control it.
Most people also use currency just as a survival medium to be able to buy food, shelter, etc and they don't make a lot, unless there are stores that accept bitcoin in their local they will rarely care about using it, let alone knowing it.
But when popular people like ElonMusk promote something and it's popular it's in news than alsoways consider things are going to get wild and this Hype will wipe out new people into that perticular space, crypto for example.
Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.
i imagine the same could be said about the internet - who really understands what happens "behind the scenes". on that node, there is this site named explained from first princicple from a guy in switzerland. the first post was about the internet, the second about email and i think he told me that the next one will be about bitcoin. the posts are long as books, but worth it, if you are interested in the topic. you see the parallels between these three things? all are networks, about communication - this will be great!
Like some social media platforms, even up to this day, some people have no idea that it exists, considering how popular it is.
Bitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.
Bitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.
Because most people dont have the access to internet and it is still not supported and accepted across the world. digital currency is still not being used bya most countries. but many companies are willing to invest to cryptocurrency like Tesla of Elon Musk. It lacks promotion and information on its technology. The government does not support because they cannot control it.
i agree - we are still pretty early. it can happen that enthusiasts are in some kind of bubble (not talking about the price here) and think everyone knows about bitcoin. having heard of something and knowing something are two different things. i would say a lot of people have maybe heard of bitcoin, but most still don't understand it
this is actually something i like and i am happy to help my friends and family with questions related to bitcoin
this is actually something i like and i am happy to help my friends and family with questions related to bitcoin
I make an example to answer your question.I have traveled to Africa for a few years, and I used to be confident that they would know New York, Manhattan, and Las Vegas. In fact they know nothing.
And it will always be so. But note that now a lot more people know what crypto is and how it works.
Normally when does a people comes to know about a particular thing? It’s only when he develops an interest on that particular thing.
Same thing happens with BTC.
If people has interest on BTC, then definitely they will learn about it.
And yes you can’t force people to know about it if they really show great interest in it.
And therefore it is concluded that many people still don’t know about Bitcoins.
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