Public Perspective towards Bitcoin - page 4.

karmamiu

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Quote from: TribalBob on March 29, 2023, 04:12:29 PM

no need to force everyone to know bitcoin because by themselves they will find out what bitcoin is, and start entering the world of crypto,
if we give the wrong info, we will be the first to be blamed if they fail,
people who hate crypto basically they don't believe in bitcoin and have experienced bad things in crypto for example fraud in investing in new coins / memes

If I were to be asked to coach someone about crypto, of course I'll immediately turn them down. Firstly, I learned crypto on my own (though not everyone is capable of self-learning), I was like that at first too, but diving into deep knowledge in regards of crypto requires you to be self-reliant. Unlike before when I first learned about crypto, right now there are so many sources for you to learn like google. Adding the fact that here in my county banks and financial institutions are slowly introducing crypto into their platforms, makes it much easier for those who are new to the space about what blockchain technology is.

jeraldskie11

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Quote from: TribalBob on March 29, 2023, 04:12:29 PM

no need to force everyone to know bitcoin because by themselves they will find out what bitcoin is, and start entering the world of crypto,
if we give the wrong info, we will be the first to be blamed if they fail,
people who hate crypto basically they don't believe in bitcoin and have experienced bad things in crypto for example fraud in investing in new coins / memes

I agree with that. And there are many people who look at Bitcoin badly, maybe they think it's a scam. But when they try Bitcoin, on how it works, they can say that crypto is great. Many have become rich in the crypto world but some of them have lost their investment. However, we should not blame Bitcoin for that because the most common reason is the lack of knowledge. Some were inadvertently transferred to the wrong address. There are others just because of hype, they let other people decide on their investment which is very wrong. We should be the ones to decide on our steps to be taken, and we should think carefully so that our decision is not based on emotion. Those who have become successful in Bitcoin, they no longer rely on the words of others, they have done their own research on how to grow their investment in crypto.

Kakmakr

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People are also influenced by "good" news, so an increase in the Bitcoin price...seems to be one of the strongest motivators to get people to look at Bitcoin. I do not know if OP has ever been around the forum when the Bitcoin price are at it's highest price, because the buzz in the media, draw a lot of attention to this forum.

We see a lot of new people joining the forum, when the Bitcoin price are very high and there are a lot of success stories being posted everywhere. So, I am saying..... increase the price and the interest in Bitcoin will also rise. Wink

$anounimus$

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Quote from: thecodebear on March 27, 2023, 03:53:33 PM

Yes the vast majority of the public either doesn't know what Bitcoin is or thinking it is something negative.

Usually they think:
1. It's bad for the environment (it isn't, its actual a huge benefit)
2. It's a scam or pyramid scheme / ponzi or some other scheme the don't know the actual definition of
3. It's outdated tech (lol)
4. It's only good for criminals
5. It'll just be banned
6. It's a bubble (and they apparently don't know its been through several market cycles)
7. It's something people lose money on / it's going to zero (lol facepalm)

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

How do we fix these. Simple: education! There is so much misinformation about Bitcoin passed around by people who don't have a clue about it and those people greatly outnumber the people who are actually educated on Bitcoin. We as a community need very good very public educational resources to point people to. As more and more people get educated on Bitcoin eventually the momentum will swing in favor of education instead of misinformation. But we're a very long way from that. It would of course help if some big people in media and politics were educated on Bitcoin and could spread the world. As currently its the government that is engaging in the next big attack on Bitcoin.

Yes, I agree with your description. I also feel the same way when talking about Bitcoin with some people in my environment. They know little about Bitcoin but they are very apathetic. In several discussions I tried to dig deeper into their knowledge of Bitcoin, it turns out that what makes them apathetic is knowledge and errors in digesting information. In addition, they have also become victims of fraud in projects with MLM schemes and so on.

Apart from that, what makes some people worried about Bitcoin is because of the negative news about Bitcoin and cryptocurrencies in various media. As a result, the public considers that crypto currency is a form of systematic crime.

On another occasion I tried to explain the positive sides, including the investment platform that I'm currently using. They began to believe that I could withdraw the assets that I was investing on the platform at any time and were supported by government-owned banking. After that they realized that Bitcoin or other cryptocurrencies also have many positive sides.

TribalBob

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no need to force everyone to know bitcoin because by themselves they will find out what bitcoin is, and start entering the world of crypto,
if we give the wrong info, we will be the first to be blamed if they fail,
people who hate crypto basically they don't believe in bitcoin and have experienced bad things in crypto for example fraud in investing in new coins / memes

deathcode

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Quote from: RockBell on March 29, 2023, 05:01:55 AM

I was doing multiple sections about bitcoin at the radio station where I work and most times, I was surprised to see parents calls to get the basic knowledge about bitcoin since most of them had heard about bitcoin one way or the other on the international news but need clarity on certain things and bitcoin has got more and better attention for this past few years and the two major opinion I get from some of my friends is that they consider bitcoin to be ponzi scheme while the majority see it as an investment that has the potential to grow over time but the truth is that you can only share ideas you can force anyone to invest those that are lucky to invest will make their profit eventually.

You are right, I think it's better for us to educate according to our abilities as long as there is an opportunity we have to give our explanation and knowledge to the people closest to us or maybe people who are interested and want to know more about Bitcoin like you do.
Because I think we can't just force our thoughts on someone who has a negative view or is still closed about Bitcoin, everyone has a different character if we can't convey it precisely then I think it will increase their distrust of Bitcoin.
Time keeps turning and little by little people will automatically realize that Bitcoin is not always a ponzi scheme. People who immediately start investing may be luckier and get a lot of profit.

FahriZah

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RockBell

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I was doing multiple sections about bitcoin at the radio station where I work and most times, I was surprised to see parents calls to get the basic knowledge about bitcoin since most of them had heard about bitcoin one way or the other on the international news but need clarity on certain things and bitcoin has got more and better attention for this past few years and the two major opinion I get from some of my friends is that they consider bitcoin to be ponzi scheme while the majority see it as an investment that has the potential to grow over time but the truth is that you can only share ideas you can force anyone to invest those that are lucky to invest will make their profit eventually.

woez

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Quote from: SOKO-DEKE on March 29, 2023, 03:58:17 AM

Quote from: TitanGEL on March 27, 2023, 12:27:08 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. 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.

Bitcoin is not a recent invention, and I believe that many people have heard of it or come across the word in various social media platforms. The only problem is that they are not yet willing to perform any research on it.Since I learn a lot on social media despite having friends who introduced me to Bitcoin, I'm not sure if this kind of individuals require physical knowledge again. However, what I am considering at the moment is that we raise the level of education among those who are close to us in order to make the message easier to disseminate, as I believe that will be the easiest method for people to become motivated.

If we see, yes, Bitcoin has been around for over a decade, yet many people still don't fully understand it. While social media can provide some information, it's important to educate ourselves and those around us about this innovative technology. Rather than expecting individuals to seek out information on their own, we should take the initiative to raise awareness and educate our friends and family.

In My opinion By increasing education on Bitcoin, we can make it easier for people to understand and become motivated to participate in the cryptocurrency revolution. Let's take the time to educate ourselves and those around us to help spread the message about Bitcoin.

fuguebtc

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Quote from: SyndicateLabs on March 29, 2023, 04:06:23 AM

everything will be very simple if the government seriously considers its role and limitations on life.
i think bitcoin was born not to fight anything in life, when other material tools do not meet the needs by creating equality in life, the fact that bitcoin brings positivity but not being accepted may take time for people to get used to it.
we have become different and stronger since our inception, and I am seeing that in the last few years acceptance is more widespread than objection.

I agree the government is the biggest barrier to the unpopularity of bitcoin and many people are afraid of bitcoin because they believe in the government. You are right, bitcoin was not created to counter or replace anything, but I see many of us spreading the word that bitcoin will replace fiat and banking, and disrupt government dominance...It's like bitcoin is going against the government, which makes many governments oppose it. Bitcoin is an alternative for us, and the government is still ruling us, it's no use fighting them.

CarnagexD

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Some peopke automatically have negative perception towards bitcoin because they don't understand how it works and how valuable it can be. Once heard, they juts try to ignore it and settle on the shallow knowledge that they have. Also, maybe they've already heard some people who get scammed and associated it with Bitcoin right away. Tho it's good to be skeptical, it's better to answer those questions we are curious about.

Quote from: bitzizzix on March 29, 2023, 03:41:36 AM

I will ignore negative views about bitcoin because gradually things like that will fade away, because in the end everyone starts to realize the good uses and benefits of bitcoin.
and apart from a number of reasons that they put forward and I think the most striking is because they think the way bitcoin works is difficult which is actually very easy once it's involved, and besides that bitcoin is also a new asset class so it's still easy to manipulate with various things it still scares people, but that doesn't diminish bitcoin's growth and ever-increasing popularity and it will continue to do so until everyone realizes it for themselves.

Tho it's important to have much faith in Bitcoin it is also equally important to considering negative views and news about it. By knowing those, you can make more informed decisions about your next steps and you'll manage the potential risks associated with those bad news.

SyndicateLabs

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everything will be very simple if the government seriously considers its role and limitations on life.
i think bitcoin was born not to fight anything in life, when other material tools do not meet the needs by creating equality in life, the fact that bitcoin brings positivity but not being accepted may take time for people to get used to it.
we have become different and stronger since our inception, and I am seeing that in the last few years acceptance is more widespread than objection.

SOKO-DEKE

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Quote from: TitanGEL on March 27, 2023, 12:27:08 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. 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.

Bitcoin is not a recent invention, and I believe that many people have heard of it or come across the word in various social media platforms. The only problem is that they are not yet willing to perform any research on it.Since I learn a lot on social media despite having friends who introduced me to Bitcoin, I'm not sure if this kind of individuals require physical knowledge again. However, what I am considering at the moment is that we raise the level of education among those who are close to us in order to make the message easier to disseminate, as I believe that will be the easiest method for people to become motivated.

YUriy1991

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I think the public's perception of Bitcoin and other cryptocurrencies is gradually shifting towards the positive. Positive news coverage and endorsements from influential figures have also increased public confidence in Bitcoin. The goal is also to address misconceptions around cryptocurrency and emphasize its potential to positively change the financial industry. leading to widespread adoption and integration of technology into our everyday lives.

bitzizzix

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I will ignore negative views about bitcoin because gradually things like that will fade away, because in the end everyone starts to realize the good uses and benefits of bitcoin.
and apart from a number of reasons that they put forward and I think the most striking is because they think the way bitcoin works is difficult which is actually very easy once it's involved, and besides that bitcoin is also a new asset class so it's still easy to manipulate with various things it still scares people, but that doesn't diminish bitcoin's growth and ever-increasing popularity and it will continue to do so until everyone realizes it for themselves.

Lorence.xD

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Quote from: TitanGEL on March 27, 2023, 12:27:08 PM

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.

It's normal for them to have negative thoughts at bitcoin especially first impression. It will widen the negative side especially when they do their own research about it online where they can find a lot of influencers spreads a lot of bad sides of bitcoin which is true since its a volatile system. You could lose your assets in just a second if you don't have enough knowledge.

So how do we turn it to positive side? Show them the benefits of bitcoin. You only need them to have knowledge and experience with it, and knowing how they can flip the bad side can motivate them to make good calls in investing and trading. Much better to have something like a podcast where people with expertise about crypto could share their ideas and questions just like this forum.

robattfield

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I see this problem too, and I think it's better to increase education and create more useful material about Bitcoin and other cryptocurrencies. Specifically we can create videos, articles, tutorials, books on how to use and invest in these cryptocurrencies. These documents need to be written in a clear and understandable way to help the public better understand Bitcoin and other cryptocurrencies. Of course, today's cyber information is chaotic, but instead of seeing it as a barrier, just try to spread the truth about this field more. As well as the creation of events and activities related to Bitcoin and other cryptocurrencies. We can organize seminars, contests about Bitcoin, exchange events and exchange experiences on investing in these cryptocurrencies.

Razmirraz

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You can't expect all people who are against or have negative perceptions to accept the presence of Bitcoin in the midst of their lives. Public views are always different on a product, this is a beauty. When people who reject the existence of Bitcoin talk about something negative, those who are pro Bitcoin will align all arguments with the facts. Pros and cons will always occur everywhere, those who still see Bitcoin with one eye will change direction when faced with the fact that Bitcoin contains many positive values.

Z-tight

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Quote from: TitanGEL on March 27, 2023, 12:27:08 PM

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.

Or a life were they get to use a censorship resistant currency, and truly own and control their money without a third party having the final say on what happens to their money, that should be the reason why you would want to introduce BTC to people. If you promise them the idea of a better life or riches, you are putting yourself at crossroads, because you don't know when BTC price is going to pump, and you also do not know if they would want to hold it for a long time.

I do not have any intentions of changing people's perspective about BTC, the record and history is there for them to study, but if you want to, make sure you are introducing them to to censorship resistant currency and not one they would think was created to give them wealth and riches.

TheUltraElite

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So anyway, I applied as a merit source :)

Keep them ignorant, why bother? After all it is your advantage anyway because you will keep accumulating bitcoin as it's price keeps increasing and then you can dump on these no-coiners with sky high prices, profits for you 😈

You can go and start educating people who are showing interest in Bitcoin, but the difference will not be huge for now other that you bring called a tinfoil hat person.

If they lose money from some stupid MLM, chances are that they will blame you - are you ready to take that?

Topic: Public Perspective towards Bitcoin - page 4. (Read 779 times)