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Topic: we don't have proper education on bitcoin. - page 2. (Read 919 times)

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Based on the topic, if you think you don't have proper education on Bitcoin, the internet is there for everyone to try and make research to know what is happening so far I'm the crypto market. We are twenty first century and is not the time when we will be telling people or trying much to teach tell all about Bitcoin and what Bitcoin is capable of doing in there life.
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Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad
Actually this is not how it should be. However, it cannot be denied that education about Bitcoin to the public is rather lacking, especially in several countries. This may be due to many factors. and especially one of them when the media raises Bitcoin news with all its negative effects, then that will enter the opinion and minds of the public in general. Meanwhile, not all people are willing to cross-check information first. So this makes various opinions less appropriate in society. And this is sometimes what makes Bitcoin worse.
But actually, wherever we are, there is no limitations where you are going to be ready for learning Bitcoin or not, whatever the media and the ways to learn.
hero member
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A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?
Basically Bitcoin provide us financially freedom which government didn't want because through which they will lose his hold from citizens of his country. And that why most of the countries didn't legalize it.
Not all governments in every country hold the same stance towards the existence of Bitcoin and blockchain technology. There are still some governments that are open to Blockchain technology and legalize the use of Bitcoin for transactions.

Meanwhile, other factors influencing the acceleration of knowledge development on Bitcoin in a country can stem from various aspects, such as local culture, infrastructure, technological advancement, educational level, and many more.



The image above depicts the map of internet infrastructure distribution in every country worldwide, where the lowest internet penetration rates are found in the African continent (data as of 2021).
Only 1.7% of Somalia's population is covered by the internet. Isn't this quite risky for the future?
And if you take a look, the percentage for each country, here are some countries that have the lowest percentage of internet users:


sr. member
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Well, lack of education is widespread in the entire world specifically in Africa ( generally third world countries). To be honest, it’s not easy to solve this issue permanently due to a lot of factors such as poverty, homelessness, lack of internet access, wars. And regarding Bitcoin, we have seen some development in understanding the way Bitcoin works and in general cryptocurrencies plus blockchain. And in my opinion, if the governments recognized Bitcoin and added Blockchain in educational lessons, that would make a lot people have a proper knowledge on Bitcoin.
Moreover, Bitcoin will be definitely more recognized in a lot countries especially the poor ones, it is just about time to achieve that. And El Salvador was the best example. it became the first country who recognize the best digital currency.

It's the digital gold and you better stop bitchin.



He said "Africa". Or quoted it.

Edit. I know nothing but a rich world.

Edit edit. Tron is legal tender. It's from Tropico 7.

[moderator's note: consecutive posts merged]
full member
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Well, lack of education is widespread in the entire world specifically in Africa ( generally third world countries). To be honest, it’s not easy to solve this issue permanently due to a lot of factors such as poverty, homelessness, lack of internet access, wars. And regarding Bitcoin, we have seen some development in understanding the way Bitcoin works and in general cryptocurrencies plus blockchain. And in my opinion, if the governments recognized Bitcoin and added Blockchain in educational lessons, that would make a lot people have a proper knowledge on Bitcoin.
Moreover, Bitcoin will be definitely more recognized in a lot countries especially the poor ones, it is just about time to achieve that. And El Salvador was the best example. it became the first country who recognize the best digital currency.
hero member
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Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions.
You might be wrong in the sense that, Nigeria isn't an European country and still, they rate so high as one of the bitcoin adopters even in the face of a government that is antibitcoin.

Now the argument might be that this is just a fraction doing large numbers but, is that really it?
For a we know, if that be it then, it could as well apply in Europe-America  and the rest part of the world.

Many have got the idea of bitcoin, are familiar with the term but, should we look at it from the part of having an in depth knowledge,  this is limited to a handful of the population.
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Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?

Actually in Europe/America the percent of people not familiar with bitcoin is pretty the same, and misconception is not uncommon too. As for education... It depends on the type of works someone is planning to do with cryptocurrencies: I think that investment doesn't require specific education, it is just the question of having some money affordable for investment along with general invesing experience. As for studies on specific cryptography, hardware, software, programming and management of cryptoprojects, there surely are some new programs in most universities of the world, and it can turn out that some third world universities teach things better than those in Europe/America. So, for specific education the best way to start is to contact local school of higher education about cryptocurrency programs...
hero member
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A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?
Basically Bitcoin provide us financially freedom which government didn't want because through which they will lose his hold from citizens of his country. And that why most of the countries didn't legalize it.
Government can be the strong contender through which the citizens of his country can familiar with Bitcoin, because if they legalize it officially, they will build university and some institute where officially people will be learn about the consequences of Bitcoin usage.
But currently it's not possible due to allegation from the governments so the best option is guide them through social media by submitting videos about the significant of bitcoin adoption.
legendary
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Is there any way to solve this problem?
Learn from it if you're indeed that interested to know more about it because you don't even have to have somebody who will need to spoon feed you this information because a lot of information regarding bitcoin and cryptocurrencies can now be found on the internet. I believe our only role is to plant those seeds on them and let them know that there's another hope to hedge ourselves against inflation and that there are cryptocurrencies exists now to help make our lives better as long as we know how to utilize it.
legendary
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Bitcoin is not been taught in school and so we can say we don't have proper education about this but as we can see, many platform and discussion that it talks particularly about crypto, particularly Bitcoin. I think it was enough for us to say that we are not ignorant about this thing unless we don't have any sense of curiosity about this stuff. Meaning, people are still learning but what makes some of us think negatively about Bitcoin it is because of FUDs and scam issues bringing the name of Bitcoin.
You are right, it all depends on the learning interests of each individual. But I believe that in most developed countries, their mindset about new innovation is much better than third world countries.

I can say that a lot of people in developed countries would rather have their assets work for them than have them work for the assets, of course it's very different in some third countries. Many people in third countries work for assets, while their assets are immobile or non-productive. Lack of knowledge, lack of interest in learning as well as wrong mindset are some of the very common differences between the two.
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Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?

It takes time.
Of course, you can start telling your friends about bitcoin, but always explain the basics, I mean blockchain. This is an ingenious technology and you need to know it. It is also necessary to warn about the risks. That you can lose everything.
Later, these friends will tell more friends about bitcoin. Perhaps this is the best.
sr. member
Activity: 1610
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I believe there were few universities out there that teaches something related to blockchain and that might be the nearest education we got in relation to Bitcoin. I believe one was Mays Business School in US that teaches one if I had heard the recent news correctly.

It's better to just be self taught though, since resources out there are free anyway. I don't want to spend hundreds of USD or thousands in PHP on something that I could learn in the internet for free anyway.

This was the news by the way: One of the largest US colleges has begun teaching students about Bitcoin
hero member
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Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin.
For starters bitcoins history is all on the internet and accessible to anybody in the world and isn't region locked as you have put it!

Understanding of bitcoin, well lets just a its a gradual  process and most of us just scratch the top and don't get too technical with it.


 Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to.
Why is bitcoin use fixated around Europe-America Huh

This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?
I actually think bitcoin use is more in these third world countries as its the best  alternative to their failing currencies,  for example  talk about Zimbabwe,  Venezuela, Nigeria(during elections) and several other countries  which have shown more interest  than developed countries who want regulatory frameworks  to help protect their  investments.

Tbh its all individual interest and not country based.
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A couple of discussions about spreading education and knowledge about bitcoin has apready been made in the past. I could link them all but it'll take me a whole day to do so. But I could at least give uou a little glimpse at what the discussions in those post has ended up to.

For one, bitcoin is more known now than it was past years ago, so you can at least assume that a good chunk of people, although not having anything about bitcoin, could still have the most basic grasp at what the coin could be, even if it is wrong.

You can bank on that by providing them with incentivised knowledge-based information campaigns.
full member
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I suppose one of the main reasons why people are unfamiliar with Bitcoin is that they're not comfortable with technology, and there are no misconceptions present in this context.

You must eventually come to grips with the fact that Bitcoin has a variety of uses, and that everyone has a different reason for owning the cryptocurrency. However, just because someone isn't using their coin in the same way as another person doesn't mean they are acting incorrectly.
Since I am aware that at some point, if Bitcoin is allowed in a country, it also enhances its chances of becoming generally accepted in such a country, another risk that Bitcoin is facing is its ban in the majority of countries.
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Bitcoin simply know as digital currency that has already created for a period time ago, which many people are gradually adopt it or accept it as a means of payment, which is a going to be circulating as time goes on, in order world about to know bitcoin as long the internet assist, which no one can stopped Bitcoin, which many institution is going add Bitcoin as a subject or course. Because Bitcoin has many function's and also future usage that can help, mostly financial services.
hero member
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Bitcoin is not been taught in school and so we can say we don't have proper education about this but as we can see, many platform and discussion that it talks particularly about crypto, particularly Bitcoin. I think it was enough for us to say that we are not ignorant about this thing unless we don't have any sense of curiosity about this stuff. Meaning, people are still learning but what makes some of us think negatively about Bitcoin it is because of FUDs and scam issues bringing the name of Bitcoin.
sr. member
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There are a lot of testimonials that they had lost so much in investing maybe that is one of the reason why more people do not have guts in investing because they are afraid of loosing their money. 

Why do we need someone who invests in bitcoin? In fact, it is much more important that bitcoin be used more and more in everyday life, so that it can be paid everywhere and received everywhere. To be useful, any money must move. I have nothing against investors, but they are clearly not what bitcoin needs in the first place.
full member
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Please correct me if I am wrong
Even in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin. Sad Sad Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin.
Is there any way to solve this problem?

Definitely it is not a problem. It is depend on the people if they are eager to learn in understanding Bitcoin and other crypto currency. There are a lot of informations available in internet giving free education / awareness on understanding Bitcoin and other crypto currencies. I think it is not misconceptions because getting involve in Bitcoin  you are taking a lot of risk, so some people are being careful before they will invest. There are a lot of testimonials that they had lost so much in investing maybe that is one of the reason why more people do not have guts in investing because they are afraid of loosing their money. 
hero member
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So what do you suggest OP? Tell our governments to enforce mandatory lessons about bitcoin? Governments won't probably do that except El Salvador and the Central African Republic where these 2 countries already legalized bitcoin as a legal currency. The El Salvadorian government has bitcoin investments it is normal for them to include bitcoin in its basic education.

There are curriculums already in some schools that included bitcoin in their technology and finance subjects. And I have this feeling that this will continue to grow with or without government interventions. Bitcoin is becoming that big and it will keep its students ignorant if they are not going to include bitcoin in some of its lessons. But we better not expect this to happen to countries that banned bitcoin.
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