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Topic: Public Perspective towards Bitcoin (Read 794 times)

legendary
Activity: 2086
Merit: 1058
May 14, 2023, 03:14:14 AM
It is likely that we can see the formation of a new economy in a very short time, this may not be stretched for years, but will take several weeks or months.

What we see in the banking sector is the usual reaction of banks to crisis, when banks cannot survive in such conditions, in such periods, weak links always leave the market, and it seems that this is only the beginning of a crisis.

The old generation will have to adapt to new conditions, if this happens in the near future, then they will be obliged to understand at least digital national currencies, because it can become their and our new reality.
I have to say that it is not going to be that much of a shocking result, shouldn't really be one, I feel like it is going to actually not matter all that much. I believe that we could go up with a situation where it is going to end up with a lot of trouble for the long term. I know that people are not approaching this as a big deal just yet, and I know that it feels like we are talking about a deal that is definitely not profitable for long enough time, but at the end of the day we are talking about bitcoin replacing fiat as investment.

Fiat will still be used, but investments made in fiat (like stocks and all) will not matter if this happens, and people will all invest in crypto instead of anything in fiat, which would be weird to see, not saying it won't happen, but it will be difficult.
newbie
Activity: 14
Merit: 0
May 10, 2023, 04:10:46 AM
Yes, in my opinion, the positive thoughts in crypto is all about the development of the country's economy and of its people, what the positive thoughts are is that it will make people get better, that is to do better for them financially and for their people.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 09, 2023, 09:55:51 AM
Long story short a great technology doesn't need anyone's validation. It will rise for its own valuation. Bitcoin is going strong for the technology and the great potential of of alternative of fiat. Bitcoin is solving many financial problems and will be doing the same over the coming years.
It has come beyond that part of "pyramid scheme" and has been accepted by many mainstream sections in this world. Problem is the grey-area stance from many governments and apparently a resistant attitude from some governments. They dont want the banking system to stop, but thing is that these two systems can work together and I feel that is what is gradually happening as people get the freedom to choose which one they want as per their need.

Let the negative people remain negative, your logic should be evidence based and clear, not based on hearsay or assumptions. With that bitcoin is defenitely a step ahead in future.
legendary
Activity: 2828
Merit: 2472
https://JetCash.com
May 04, 2023, 02:42:31 AM

I think I hit all the major misconceptions / negative views.


You left out - It isn't real money

People seem to think that because they have bits of paper with promises that say you can change it for another biut oif paper, or a bank account book entry, fiat currencies are real. If someone inverted a Bitcoin note that could be used in payment, then it would gain rapid acceptance in my opinion. I don't think that this is possible, as there doesn't seem to be a way to prove the coin hasn't been spent. Of course you could check online, but then why would you need the note? Actually maybe a QR code with a blockchain checking app might work.
sr. member
Activity: 1288
Merit: 305
yes
May 04, 2023, 02:32:01 AM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency?
This is an excellent question and an important one for the future of the cryptocurrency industry. Changing the public's perception of Bitcoin and other cryptocurrencies may be challenging, but it is not impossible. Here are a few suggestions on how to shift the narrative from negative to positive:

Education: As with anything that is new or unfamiliar to people, education is key. The more people know about Bitcoin and how it works, the more comfortable they will be with it. A great way to educate the public is through social media. You can share informative articles, infographics, and videos that explain the basics of Bitcoin and its potential benefits.

Highlight the positives: There are many positive aspects to Bitcoin that are often overlooked in the media. For example, Bitcoin has the potential to make financial transactions faster and more secure. It can also reduce transaction fees and provide greater financial freedom to people who don't have access to traditional banking systems. By highlighting these positives, we can shift the narrative and create a more balanced view of Bitcoin.
Most traders are persuaded to believe the market process by demonstrating the positive aspects of bitcoin, whether through trading or investment, and, most significantly, profits. Depending on the challenges and rewards of Bitcoin that a trader has experienced, public opinion on Bitcoin can be either positive or negative. The most crucial thing is to raise public awareness; nevertheless, numerous conditions must be in place before lecturing the public about bitcoin. It is necessary to be educated in order to learn more about cryptocurrencies.
full member
Activity: 756
Merit: 133
- hello doctor who box
May 03, 2023, 06:35:02 PM
A good item doesn't require persuasion. The general public didn't need to be persuaded to use the Internet by Internet enthusiasts. Electricity, a radio, a car, a train, a plane, and more. Every invention had detractors, but they never became popular because someone persuaded people of their advantages. Those that were successful have simply amply proven their superiority to earlier technology. Bitcoin is unable to operate similarly to banks and fiat money.

Long story short a great technology doesn't need anyone's validation. It will rise for its own valuation. Bitcoin is going strong for the technology and the great potential of of alternative of fiat. Bitcoin is solving many financial problems and will be doing the same over the coming years.
full member
Activity: 224
Merit: 103
A Token Power Raffle Platform In The Ecosys
May 03, 2023, 06:29:20 PM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency?
This is an excellent question and an important one for the future of the cryptocurrency industry. Changing the public's perception of Bitcoin and other cryptocurrencies may be challenging, but it is not impossible. Here are a few suggestions on how to shift the narrative from negative to positive:

Education: As with anything that is new or unfamiliar to people, education is key. The more people know about Bitcoin and how it works, the more comfortable they will be with it. A great way to educate the public is through social media. You can share informative articles, infographics, and videos that explain the basics of Bitcoin and its potential benefits.

Highlight the positives: There are many positive aspects to Bitcoin that are often overlooked in the media. For example, Bitcoin has the potential to make financial transactions faster and more secure. It can also reduce transaction fees and provide greater financial freedom to people who don't have access to traditional banking systems. By highlighting these positives, we can shift the narrative and create a more balanced view of Bitcoin.
hero member
Activity: 1036
Merit: 675
May 03, 2023, 06:25:33 PM
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that.
I believe you and I are a part of that public and if that be the case, I refuse to be a part of the population that takes to a negative perspective for bitcoin. Not with the much I've come to know from my time here and even at my early contact with cryptocurrency, I didn't very much see it for it's adversity but rather, some strange coin on the Web, not knowing how it's used or earned at the time. My interest was at an ATL then but, that's much changed now.

Consuming just whatever is thrown to the rest of the public by social media and from television broadcast is very much something not unusual and hard not to believe by most. They look towards these medias for safety and the tips to help them go day-to-day but, where most of them get it wrong is that;

The ought to do own research
They also forget that humans very much like themselves are the once that put out these info.

Maybe if they realise this, they would be more involved in the scrutiny of what information they download.
full member
Activity: 868
Merit: 116
May 03, 2023, 06:14:10 PM
Experience has shown that you can only convince people with your own experience, but seriously most times I tell people about Bitcoin they don't doubt or hold any negative thoughts because they know I won't involve them in any dubious thing, the only issue is just funding with them. You don't need to change the public perspective about Bitcoin but if your little group or family is well-informed, then it will grow from there.
Well, it is quite hard to change people’s perspective on Bitcoin due to a lot of parts are trying so hard to ruin BTC reputation, they literally control the media news and publish  fake articles and incorrect information. In fact, I have realized that they spread fear to make people avoid Bitcoin and generally digital currencies. In addition to that, the governments and bank’s attempts to break Bitcoin down have a negative impact on the reputation. In my opinion, the only way to turn those negative and fake thoughts on Bitcoin into positive ones is by spreading Blockchain, Bitcoin and cryptocurrency education, it can be achieved by publishing courses on famous or popular forums. That’s the best way to change people’s opinions and attract them. In conclusion, the only way to fight negativity is with positivity.
sr. member
Activity: 434
Merit: 272
May 03, 2023, 04:25:19 PM
Many people do not fully understand Bitcoin and even have negative views about it due to misunderstanding and misinformation. Therefore, proper education is essential to correct misconceptions and promote a better understanding of Bitcoin.

My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.
First of all, there should be efforts to educate people about the truths and facts about Bitcoin through accessible and easy-to-understand education, so that they can understand its benefits and how it can have a positive impact on society and the economy as a whole. Also, there needs to be an effort to bring important people in the media and politics to understand Bitcoin better. By doing so, they can promote a better understanding of Bitcoin and change people's negative views of it.

Lastly, collaborative and synergistic efforts from all parties, including experts, entrepreneurs, and governments, are needed to correct people's misconceptions and negative views about Bitcoin. By building a better understanding of Bitcoin, people can benefit from this innovative technology and help propel the economy forward.
newbie
Activity: 37
Merit: 0
May 03, 2023, 03:46:31 PM
Many view Bitcoin as gambling, some as scam, or some as digital online currency as high risk, but those that have more deep knowledge and makes research which are also into it knows the benefits and importance. Due to failure of some people that falls into scammer, they have discouraged some other people from dealing with Bitcoin and relating any thing with cryto is scam testifying to other is manipulation by smart online individual trying to hack other people account or information.
full member
Activity: 602
Merit: 129
May 03, 2023, 11:21:30 AM
A good item doesn't require persuasion. The general public didn't need to be persuaded to use the Internet by Internet enthusiasts. Electricity, a radio, a car, a train, a plane, and more. Every invention had detractors, but they never became popular because someone persuaded people of their advantages. Those that were successful have simply amply proven their superiority to earlier technology. Bitcoin is unable to operate similarly to banks and fiat money.
hero member
Activity: 952
Merit: 779
May 03, 2023, 10:47:32 AM
For most old people, Bitcoin is and always will remain some new internet money thing that they do not understand and have absolutely no interest in learning more about. Thats because they are set in their ways and changing that is impossible.

The new and younger generations are the ones who will carry Bitcoin on their backs into the future. And banks are already crumbling, so that future is not all that far away, I would think.

But whenever something new comes out, people always criticize it without good argument. So no need to seriously worry about what the current public opinion is. The public opinion is trash.
It is likely that we can see the formation of a new economy in a very short time, this may not be stretched for years, but will take several weeks or months.

What we see in the banking sector is the usual reaction of banks to crisis, when banks cannot survive in such conditions, in such periods, weak links always leave the market, and it seems that this is only the beginning of a crisis.

The old generation will have to adapt to new conditions, if this happens in the near future, then they will be obliged to understand at least digital national currencies, because it can become their and our new reality.

But now I see more and more of the older generation who are getting interested in every digitization and are starting to study it quite seriously. including digital money and crypto. However, the obstacles they experience are because the older generation always have difficulty understanding foreign terms and they quickly give up when they encounter obstacles.

But one generation ahead (generation Z) I think will make bitcoin adoption grow rapidly and be accepted in almost all countries.
hero member
Activity: 980
Merit: 947
May 03, 2023, 06:09:50 AM
For most old people, Bitcoin is and always will remain some new internet money thing that they do not understand and have absolutely no interest in learning more about. Thats because they are set in their ways and changing that is impossible.

The new and younger generations are the ones who will carry Bitcoin on their backs into the future. And banks are already crumbling, so that future is not all that far away, I would think.

But whenever something new comes out, people always criticize it without good argument. So no need to seriously worry about what the current public opinion is. The public opinion is trash.
It is likely that we can see the formation of a new economy in a very short time, this may not be stretched for years, but will take several weeks or months.

What we see in the banking sector is the usual reaction of banks to crisis, when banks cannot survive in such conditions, in such periods, weak links always leave the market, and it seems that this is only the beginning of a crisis.

The old generation will have to adapt to new conditions, if this happens in the near future, then they will be obliged to understand at least digital national currencies, because it can become their and our new reality.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
May 02, 2023, 06:11:25 PM
Personally I don't think people see Bitcoin as a bad thing these days, though I know most of us would think that, but it's not the case. The truth is that a lot of people simply feel it's not meant for them. Bitcoin has been around for over decade, and I don't see any reason anyone would feel it's a scam (yes, there are few that still thinks so, but not the majority). But at the same time, if you look at it, Bitcoin is a risky business, if you invest money, there are two possibilities: it's either going to yield many profits, or you end up losing it. So when people look at this, and plus the fact that most people are hardly into investment, and prefers savings, it would be hard for them to consider Bitcoin.
Nevertheless, the community still grows, and people's interest in Bitcoin and cryptocurrency at large, keeps on growing.

i believe, the negative perception towards bitcoin is slowing down. that is because known companies or just a very good example is el salvador making btc as legal tender. if a country made it as legal tender then the hesitations of those people that btc is a scam may have gone away.
and people are also educating themselves. so the notion that btc is only used for money laundering, illegal transactions is changing. when top companies are vocal with their support towards BTC, people will think twice that it is not after all used for illegal activities.
member
Activity: 476
Merit: 12
https://imgur.com/1d0UcY0
May 02, 2023, 03:18:40 PM
#99
Yes, It is unfortunate that most of the people do not know what Bitcoin is or think negatively of it due to misinformation. Your observations about major misconceptions and negative views of Bitcoin are quite accurate.

As time goes by and so does the development of Bitcoin in the world, it is increasingly presenting the perspectives of different people in understanding it, as well as the impact that will come whether it is positive or negative, maybe for those who are not interested in Bitcoin, of course they will think negatively about Bitcoin. , and the media also plays a role here when someone's perspective thinks negatively about Bitcoin when the media is unable to tell the true background of Bitcoin.
Bitcoin's background is clear. It's earnings. Or rather, the possibility of earning ordinary people. But as always, the world has turned upside down and they are trying to dress bitcoin in a shirt. What are the attempts at banking regulation worth? And if we see a bullish trend again, then everything will return to the right places.
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.
May 02, 2023, 02:29:28 PM
#98
For most old people, Bitcoin is and always will remain some new internet money thing that they do not understand and have absolutely no interest in learning more about. Thats because they are set in their ways and changing that is impossible.

The new and younger generations are the ones who will carry Bitcoin on their backs into the future. And banks are already crumbling, so that future is not all that far away, I would think.

But whenever something new comes out, people always criticize it without good argument. So no need to seriously worry about what the current public opinion is. The public opinion is trash.
hero member
Activity: 1414
Merit: 670
May 02, 2023, 12:38:43 PM
#97
I've been thinking for a while on how the perception of the public will turn into positive in regards to bitcoin and other cryptocurrency? There is a big problem on how the public see the bitcoin because the 1st ever thought that pops in their mind is something negative and I don't blame them because there are reasons or past history why they have thoughts thats comes to them like that. One of the reasons that I've been thinking is what they perceive when they first hear or read the word bitcoin, we usually consume a lot of contents not only in television but of course in a lot of social media platforms. One of them are the articles online or influencers who shares their opinion of the bitcoin. If the public watch or consume negative opinions or story regarding bitcoin, their mental perspective to it will immediately turn to bad. So when the topic regarding bitcoin brought up, they usually says negative because of what they perceived in the past. My question is how we can turn their perspective into positive? I have good motive on that because I also want them to have a better lives by understanding how it works and also how we can chance their way of living by using it.
People who have no knowledge of Bitcoin and have never heard of Bitcoin.Telling such people about Bitcoin and getting them interested in Bitcoin or getting them to invest in Bitcoin will be very difficult.Because it is a natural process that one will avoid investing his money in something about which there is no information at all.

It's like if someone told us to buy Bitcoin in 2010 when it was super cheap. So we didn't believe in Bitcoin at that time. But today we are regretting, that if we had known then, we would have bought many more.

Just like we have examples of successful people who became rich because of Bitcoin, if we give people today examples of people who have become rich because of investing in Bitcoin.Our success due to our investment in Bitcoin means how much our lifestyle has changed before and after the investment. How stable our financial position has become because of Bitcoin.We have multiplied our capital by investing in Bitcoin.

Some people will be attracted to investment in bitcoin by seeing our such effort and our own position.They can also be told that their capital will remain safe in their hands.
newbie
Activity: 28
Merit: 0
May 01, 2023, 02:07:41 PM
#96
In the long run, the people will just always be thinking about what the good and bad is, and will get used to what they have not seen. Sometimes these are the things that most people do not care about - what is good, bad, or good for the economy because it is an excellent source of things and has a good potential. And sometimes there are people who just want to get what they have not seen. It is the people who are getting rich with the knowledge and ability to get rich quick. It may be the people who invest their time in those great companies that can help them get rich fast, but they cannot get rich quick or who are only rich when the time comes. This is how we can actually see the bitcoin and the other crypto assets.
jr. member
Activity: 137
Merit: 2
April 26, 2023, 05:45:36 AM
#95
Personally I don't think people see Bitcoin as a bad thing these days, though I know most of us would think that, but it's not the case. The truth is that a lot of people simply feel it's not meant for them. Bitcoin has been around for over decade, and I don't see any reason anyone would feel it's a scam (yes, there are few that still thinks so, but not the majority). But at the same time, if you look at it, Bitcoin is a risky business, if you invest money, there are two possibilities: it's either going to yield many profits, or you end up losing it. So when people look at this, and plus the fact that most people are hardly into investment, and prefers savings, it would be hard for them to consider Bitcoin.
Nevertheless, the community still grows, and people's interest in Bitcoin and cryptocurrency at large, keeps on growing.
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