I could not blame your friends why they have this kind of mindset about Bitcoin and I assumed cryptocurrency in general. On thing for sure is that right now, there are many people who got evil intentions and they are scamming people left and right all because there is really a brewing interest for cryptocurrency this is not to mention the many phishing and hacking attacks we heard from time to time. I have been one of the many victims of phishing and the feeling is never nice to say the least.
So what you can do? i suggest you do nothing...it is not your duty to convince anyone and it will be much more helpful if you let them discover for themselves the whole truth about cryptocurrency. You don't want to place yourself as the one to blame just in case their experience with cryptocurrency may not turn out to be so positive. We know how volatile this market is and if one is a faint-hearted then this industry may not be for that person.
Topic: Some of my friends still think Bitcoin is scam and Ponzi - page 21. (Read 1542 times)
Skeptics will always be skeptics. The thing is, if you are having a hard time trying to convince them of the BTC, then show them how much it is worth, and that it can be legally sold for a high price. If something is a scam or a ponzi, then why does it have value, it is as simple as that.
You do not need to care about them. All you need to do is show them your return on investment in the crypto market. Action and results are things that appeal to people.Do not say much and just act. Their friends are lazy and do not want to work for the crypto market. That is my opinion and hope you will refer and apply them.
For some people the problem is they can't look past what Bitcoin means to them morally. The more conservative type may be resistant to change. I would recommend they read books such as Digital Gold and The Internet of Money. Tell them to youtube andreas antonopoulos and start from his beginning videos.
Great quote from Andreas Antonopoulos -"I think many of the intellectually honest people eventually stop being critics, because they suddenly realize that the flaws they are identifying are temporary features, issues, and not inherent problems. There are very few inherent problems in a dynamically evolving design or ecosystem of different designs all competing, that cannot be resolved. There are critics who criticize this technology primarily based on their world view. It is politically inconsistent with their world view. It’s not that they do not like the technology it’s that they do not like the implications of this technology and the primary criticism you get then is “this should not be” to which all I can answer is ..and yet it is. “but we mustn’t”… and yet we did, “but you shouldn’t”.. but yet we did".
Also Wall-street now has direct ties to Bitcoin with Futures CBOE/CME groups etc.
Great quote from Andreas Antonopoulos -"I think many of the intellectually honest people eventually stop being critics, because they suddenly realize that the flaws they are identifying are temporary features, issues, and not inherent problems. There are very few inherent problems in a dynamically evolving design or ecosystem of different designs all competing, that cannot be resolved. There are critics who criticize this technology primarily based on their world view. It is politically inconsistent with their world view. It’s not that they do not like the technology it’s that they do not like the implications of this technology and the primary criticism you get then is “this should not be” to which all I can answer is ..and yet it is. “but we mustn’t”… and yet we did, “but you shouldn’t”.. but yet we did".
Also Wall-street now has direct ties to Bitcoin with Futures CBOE/CME groups etc.
Skeptics will always be skeptics. The thing is, if you are having a hard time trying to convince them of the BTC, then show them how much it is worth, and that it can be legally sold for a high price. If something is a scam or a ponzi, then why does it have value, it is as simple as that.
I still get it from some of my friends and relatives. They still think that Bitcoin is just a scam even on how much I educated them how block chain works. Some people are not just really open to change. The only thing that we could do them is try to help them understand crytpo currency if they are not open minded then it is not our lose.
Do you have enough education about how bitcoin and blockchain work ? If yes told them, explain all of that to them, if they still dont believe that bitcoin is currency of the future just let it like that, at least you allready told them. And in the future when you allready succes and drive a lambo you ome again to them and tell this is what bitcoin can do to your life
My friends were skeptical at first (this was around 2014) and started asking me about Bitcoin last year when we hit the all time high. And stuff about Bitcoin just blurted out of my mouth, explained them how Bitcoin works, what is mining process, why is the price always swinging up and down like crazy, etc. In the end, I realized that they're only interested to become rick quickly.
My advise is to tell them the good and bad things about Bitcoin in general first, let them process the information you give and let them decide what is Bitcoin for them. Ignore my story above as most of my friends are jerks.
how I can give them some hints with soft words which can change their mind or at least give them some more space to think twice?
Some people are simply close minded, and there's nothing we can do with that. If I we're you, I'd just explain to them what a "ponzi" really means and how bitcoin isn't a ponzi, because it never promised any returns. Don't waste your time trying to convince people in to an industry that they probably couldn't understand.
Do you have enough education about how bitcoin and blockchain work ? If yes told them, explain all of that to them, if they still dont believe that bitcoin is currency of the future just let it like that, at least you allready told them. And in the future when you allready succes and drive a lambo you ome again to them and tell this is what bitcoin can do to your life
Dear all,
I just heard some of my friends chatting in a gathering and they think Bitcoin is scam and Ponzi. I just give them a smile and wish they will educate themselves a bit.
So, I would like you to give me some suggestions, how I can give them some hints with soft words which can change their mind or at least give them some more space to think twice?
I just heard some of my friends chatting in a gathering and they think Bitcoin is scam and Ponzi. I just give them a smile and wish they will educate themselves a bit.
So, I would like you to give me some suggestions, how I can give them some hints with soft words which can change their mind or at least give them some more space to think twice?
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