People still don't know about Bitcoin - page 9.

verita1

member

Activity: 1358

Merit: 81

It is true that we notice that in our communities and country very few people and businesses know about bitcoin and cryptocurrencies.
Unfortunately in some countries there is repression by the authorities that prohibit their citizens from using them.
The opposite thing happens in other countries and we could say that they are bitcoin and cryptocurrency friendly countries.
However, mass adoption is yet to come.
I have done a little search and found this interesting statistic.

Quote

Global Crypto Adoption

Cryptocurrency adoption is growing around the world. As a leading cryptocurrency payments company, we strive to offer key statistics to help businesses better understand the cryptocurrency market—how you can reach untapped markets and grow your business.

As of 2021, we estimated global crypto ownership rates at an average of 3.9%, with over 300 million crypto users worldwide. And over 18,000 businesses are already accepting cryptocurrency payments.

Over 300+ million crypto users worldwide.

North America - 28 million.
South America - 24 million.
Europe - 38 million.
Africa - 32 million.
Asia - 160 million.
Oceania - 1 million.

https://triple-a.io/crypto-ownership/

Rajamuda

sr. member

Activity: 924

Merit: 255

Related to government, it's not friendly yet, but the public knows it. I think now bitcoin will be more and more known because of more activity on the internet today and also the current pandemic situation. In my place, so few people knew bitcoin, until now more and more people know and learn that it has its advantages and disadvantages, where most of them think bitcoin is like another side of investment in the internet world and trading.

Iceblast

full member

Activity: 783

Merit: 100

Quote from: Kid4U on January 13, 2021, 08:28:21 AM

yeh you are right there are too many contries encluding my country where prople dont know about digital currency
like bitcoin, ethereum and so on
i am really surprise and shock that most famous digital currency like bitcoin which has 34600$ price and they still dont know
about them. i am upset for them because when they come here to know about this they will be face alot of scams, problems and many more things

the lack of information about bitcoin causes many people not to know, they only think of the negative side of bitcoin. like in my country many say bitcoin has to do with gambling. even though it's legal and bitcoin is very profitable, it's only a matter of time to introduce bitcoin to many people

Caldear

member

Activity: 114

Merit: 10

Bitcoin is based on the underlying technology of the blockchain, and its practical applications are relatively small, and there is no widespread media dissemination, and people rarely know Bitcoin in other ways. Bitcoin exists on the Internet. Many people don't know the purpose and actual value of Bitcoin. It is difficult for them to believe in Bitcoin.

ropyu1978

hero member

Activity: 1904

Merit: 510

true as you say, most people are afraid to play in bitcoin, because bitcoin relies on the internet, and not real goods, such as gold, paper money that can be held, people who plunge into the crypto world on average have a steel mentality, and are ready to face anything The risk that comes, in my country Indonesia can be said that only 20% are playing in bitcoin, 30% are still afraid to play in bitcoin, and 50% are not familiar with bitcoin...

Kiley33

member

Activity: 168

Merit: 19

In our country, very few people know Bitcoin. It's just that some investors have a certain understanding and understanding of Bitcoin, but some people understand Bitcoin through negative news, so they will not have much feeling about Bitcoin. They are not interested and don't want to know Bitcoin. In some places, Bitcoin is banned. They think it's useless to understand this, and may not care too much about it.

BETTYUI

jr. member

Activity: 37

Merit: 1

Bitcoin is a new thing, which involves less scope in daily applications, and it is difficult for many people to be interested in what has just appeared. Bitcoin is running in a network system, and it can be anonymously traded and held. People who cannot see a real object like gold will feel that Bitcoin is insecure and unreliable. There are also some regions or countries that do not support Bitcoin. If they suppress Bitcoin, people will think that what the government does not support is legal.

ARTURVH

member

Activity: 99

Merit: 10

There are two reasons. First, Bitcoin has not yet developed into every field of social payment. Few people use it.
Another reason is Bitcoin technology has relation with the Internet, people’s knowledge is also very important, and education is very important.

BETTY B

jr. member

Activity: 55

Merit: 1

Cryptocurrency is a new technology after all,.and the people's understanding of cryptocurrency depends on the national social financial policy, education level, etc.

livingfree

hero member

Activity: 2884

Merit: 579

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: ?? on ??

And it will always be so. But note that now a lot more people know what crypto is and how it works.

It has increased after all of these years but it's not enough to say that there are a lot of us know how it exactly works and what cryptocurrencies are.

The world population is big and we're not even close to the slightest population the world has ever had but we're growing and it's expected to happen overtime.

Karish2return

member

Activity: 252

Merit: 11

Yes, there are a lot of people still don't know about bitcoin and its characteristics, most of the people in our society or even country don't know about bitcoin. They have to know about it, even in the world of technology where everything is available and present in a simple way for the people.

JerryKin

jr. member

Activity: 48

Merit: 2

The Standard Protocol - Solving Inflation

Is Bitcoin popular? I'd say yes. But relative to the population of people who haven't heard about. No, bitcoin isn't has popular as it should be.
Quite a number of the world's populace have heard about it but not so many know what Bitcoin really is. You'd be shocked by what have heard about it.
some think it's just one of our days illegal means of earning. Some say it's for the young unserious individual😆.

There's totally nothing weird about the fact a large number of today's population don't know about Bitcoin. Majority of them still struggle with the genuity of what the internet is and what it can do.

iTradeChips

hero member

Activity: 1792

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: Kid4U on January 13, 2021, 08:28:21 AM

yeh you are right there are too many contries encluding my country where prople dont know about digital currency
like bitcoin, ethereum and so on
i am really surprise and shock that most famous digital currency like bitcoin which has 34600$ price and they still dont know
about them. i am upset for them because when they come here to know about this they will be face alot of scams, problems and many more things

Don't be upset, for it is not your responsibility to be a preacher of cryptocurrency to the masses. This is simply a natural progression of things, don't fret on something you have no control about. The truth is, nobody really don't give a scheisse about cryptocurrency. You explain to them, you will be dismissed as a nerd. They fail on crypto and they will condemn it as a pyramid scheme. In any way there is really no way you can spread the message and everybody would want that piece of the pie. Remember it takes money to earn more money, and people don't have money to invest in Bitcoin.

DarkDays

legendary

Activity: 2030

Merit: 1189

I agree, that people still don't know about Bitcoin.

Despite BTC being bigger than many worlds currencies there are a incredible high number of people that still have not heard about Bitcoin or know what it is.

While this is the case at the moment, with more mediocre media covering how BTC jumped from 10K to >35K in the space of a few years will at least increase awareness among the general public. So, it is still just a matter of time

Kid4U

newbie

Activity: 24

Merit: 26

yeh you are right there are too many contries encluding my country where prople dont know about digital currency
like bitcoin, ethereum and so on
i am really surprise and shock that most famous digital currency like bitcoin which has 34600$ price and they still dont know
about them. i am upset for them because when they come here to know about this they will be face alot of scams, problems and many more things

iTradeChips

hero member

Activity: 1792

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

people only know the name bitcoin and do not know the use of bitcoin and how to get bitcoin in my country bitcoin is not foreign to hearing and many people say bitcoin but they are not interested in investing in bitcoin.

It the person's choice if they want to invest in bitcoin or not. I am really baffled why this one is wondering why people still don't know it. I mean it not really that they don't know Bitcoin, but they simply chose to ignore it and not participate on it. I don't meddle with other peoples affairs and so should us. We don't force people to participate in Bitcoin, let them know it and make their own minds about it. Many people have heard of it and many chose to ignore it.

johnnathanexo

newbie

Activity: 18

Merit: 0

Exocrow is the best offering high return bitcoin savings account with a promotion now of 12% monthly return but very soon it will be back to 3.4% ( 40.8% annually ). This option nobody really has online to bring such returns for investors. I am using https://exocrow.com/. You can also try and earn.

minersday

hero member

Activity: 1484

Merit: 535

Quote from: Cryptomint9 on November 29, 2020, 10:46:42 AM

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?

Don't be surprised if you realize a lot of people have zero knowledge of what Bitcoin and cryptocurrencies are. You should understand that the media do not really preach Bitcoin and cryptocurrencies to the general public, so it will be very difficult for people to have a good amount of information about the existence of the crypto ecosystem. It is estimated that less than 1% of the entire population of the world know what bitcoin and cryptocurrencies are. And out of this estimation, 50% invest and use bitcoin and cryptocurrency. But there is hope for the entire cryptocurrency ecosystem since the world is gradually getting to know this ecosystem as days and years pass by.

shide2020

newbie

Activity: 25

Merit: 0

Of-course many people don't know about bitcoin because those that know about bitcoin very well don't educate others. Some sees it as private business.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: ?? on ??

people only know the name bitcoin and do not know the use of bitcoin and how to get bitcoin in my country bitcoin is not foreign to hearing and many people say bitcoin but they are not interested in investing in bitcoin.

They are not interested as they don't know what the potentials may be.

If they only spare their time finding deeper knowledge about this system and the investment opportunities that it brings, this mentality from them will change, and for sure, they'll also spare their money hoping that they've been able to manage good manifestations to enjoy all the benefits.

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