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Topic: To the Ill-informed, btc has done more harm than good - page 2. (Read 360 times)

hero member
Activity: 1008
Merit: 960
Mainstream media is actively pushing against Bitcoin, and a lot of people are just repeating what they hear there.

The more you read about Bitcoin from first sources, like these ones, the more you realize Bitcoin is here to stay, and all the FUD and alts are irrelevant.

member
Activity: 1092
Merit: 67
It's not only what they don't understand, but broader than that. It has been repeatedly subject of propaganda in different forms (criminality, environmental impact etc.), because it doesn't favor authorities, but authorities control the media.

It's also that people don't make great researches and Bitcoin requires a significant time to sit down disciplined and understand what it is.
Its not surprising that bitcoin is indirectly involved in different scams and criminality because even the authorities are also seeing that way. And most likely, what they tend to believe are the things they also want to impart and share to the people. No wonder bitcoin becomes a threat to the government because the people perceived it wrongly. However, bitcoin always gives us opportunities to learn about it, but its the people who always refused to be educated and stay uninformed.

The key to lessen misinformation is getting people educated with this market. However, most people are trying to be busy not to learn this industry. So much so that, they are just relying from hearsay or whatever the media is feeding to the public. It requires effort to read and learn the facts. But not many people are going to the route of investigating the topic on their own. They usually believe what they hear or see, without validating the information they received. But once someone got a hold in this market, and learn the ropes, they are grateful that they discover this market.
hero member
Activity: 2940
Merit: 613
Winding down.
It's not only what they don't understand, but broader than that. It has been repeatedly subject of propaganda in different forms (criminality, environmental impact etc.), because it doesn't favor authorities, but authorities control the media.

It's also that people don't make great researches and Bitcoin requires a significant time to sit down disciplined and understand what it is.
Its not surprising that bitcoin is indirectly involved in different scams and criminality because even the authorities are also seeing that way. And most likely, what they tend to believe are the things they also want to impart and share to the people. No wonder bitcoin becomes a threat to the government because the people perceived it wrongly. However, bitcoin always gives us opportunities to learn about it, but its the people who always refused to be educated and stay uninformed.
hero member
Activity: 2310
Merit: 532
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Vaccines have chips, 5G is boiling your brains out, the earth is flat, ... people do tend to believe a lot of things, people tend to stay badly informed and it's not only Bitcoin related.
Even worse, they will not listen to us, no matter how correctly we show them the reality, because they have already chosen to believe this or that personality or newspaper.
All we can do is keep calm and move on. Sooner or later more and more will see what is wrong and what is right. I don't have a better solution than doing... what we already do.
In my country it was the currency that has got chips. Demonetization took place and as a result entire currency in circulation is removed and new currencies were added. By the time it was said, new currencies have got chips that'll keep track of transactions and this will lower illegal accumulation of currency leading to black money generation. Even the media discussed it. So, it is the common people who think different. It is our responsibility to analyse and understand the truth.
staff
Activity: 2436
Merit: 2347
Many of those who learned about bitcoin back in the beginning, when it was worth a few dollars or even cents, did not believe in bitcoin either. I think now they regret that they could not fully appreciate the potential of this technology, because it was their chance to get very rich and financially independent.

Unfortunately, not many people are able to truly appreciate a brand new technology and look at the long term, so for many people it seems like some kind of nonsense that is not worth paying attention to, much less investing their money in.
legendary
Activity: 2114
Merit: 2248
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Any new technology is met with a certain level of resistance from the general public, this could be due to an inability to accept something different from the norm. The internet suffered this when it was launched, and Bitcoin did the same, as the general public was already used to Fiat as the principal financial agent.

I think people fear and react negatively to what they do not understand
This only happens for a while, with time the acceptance spreads around the public as more people come to the realization that there can be an efficient alternative.
legendary
Activity: 3668
Merit: 6382
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Vaccines have chips, 5G is boiling your brains out, the earth is flat, ... people do tend to believe a lot of things, people tend to stay badly informed and it's not only Bitcoin related.
Even worse, they will not listen to us, no matter how correctly we show them the reality, because they have already chosen to believe this or that personality or newspaper.
All we can do is keep calm and move on. Sooner or later more and more will see what is wrong and what is right. I don't have a better solution than doing... what we already do.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
It's not only what they don't understand, but broader than that. It has been repeatedly subject of propaganda in different forms (criminality, environmental impact etc.), because it doesn't favor authorities, but authorities control the media.

It's also that people don't make great researches and Bitcoin requires a significant time to sit down disciplined and understand what it is.
full member
Activity: 282
Merit: 107
Btc has remained a mystery to the uninformed. People with little or no information are ignorant about everything cryptocurrency and tend to be biased or flat out wrong when sharing information in their local circles. Having little or no knowledge in this, they would be swayed to believe whatever news suits their narrative irrespective of it being right or wrong. Btc,bring a mystery could also be exciting to some people and in their ignorance, would go into the cryptocurrency space with little or no information and would get cheated, duped and scammed and would then conclude that it was a sham all along. Not too long ago, I was among the lot that was ill-informed and got taught a hard lesson. Now, I'm taking it slow, getting new information and doing my own research.
I think people fear and react negatively to what they do not understand
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