we don't have proper education on bitcoin. - page 4.

Sanitough

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Quote from: halim50_ on April 11, 2023, 10:36:12 AM

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

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?

People will fall for misconceptions if they won’t seek valid information about bitcoin. You know, everything comes easy right now, even on educating yourself, you can just scroll all over the internet and easily find what you are looking for. That’s why even with lack of proper education for bitcoin and cryptocurrency, there are still a good number of people who have succeeded in bitcoin because they learned not just by due diligence in researching, but also by experience.

Wapfika

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Quote from: Finestream on April 13, 2023, 05:45:56 PM

I believe proper or formal education is not a necessity right now, we can learn as much as we want through our due diligence scrolling all over the internet. Those who succeed in bitcoin were never had proper education on bitcoin, and yet they still managed to survive from its high volatility and now earning high digits from bitcoin. So having no proper education is not a hindrance, if you really want to learn, as long as you have the high interest and determination to learn, learning will always be possible.

Those who succeed did a lot of effort to earn in Bitcoin, I knew people who didn't sleep when they monitor the price of Bitcoin before in early 2017, some take watching YouTube studies seriously and others take time to read here in forum. It's a self progress and study on how we will be able to earn in crypto. We must know how much we can risk and UpTo when we can hold into it as the price is too volatile. We will be the one who will decide when to buy and sell so we must find way to know it even in our own research.

Fullcoinese

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Quote from: SOKO-DEKE on April 14, 2023, 09:11:51 AM

Quote from: halim50_ on April 11, 2023, 10:36:12 AM

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

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?

The issue is that the adoption of Bitcoin will mostly depend on how well-educated a population is and how quickly technology is adopted. I don't anticipate many people using Bitcoin in this case because there are numerous nations where the percentage of educated people is relatively low.And secondly, a lot of individuals appear to have little faith in online investments since they believe they are all the same and label them as ponzi scams, which prevents them from paying attention and conducting further investigation.However, I think that over time, more individuals will become aware of Bitcoin.

Bitcoin market was built because people trusted in Bitcoin. this is not a problem for those in less knowledgeable countries or people who just don't want to learn Bitcoin.
when someone presents an idea regarding Bitcoin to the government. try to see the response. if it turns out well with regulation there will be. I guess that would be great. otherwise, it will be difficult to get access to invest in Bitcoin. including buying Bitcoin with the OP's state fiat.

tabas

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Quote from: halim50_ on April 11, 2023, 10:36:12 AM

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

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?

You're making it look like it's an entire problem of the world but you don't worry about things that you can't control. Look at those people that you've said that the little knowledge they have in bitcoin is also making a misconception towards them. That's where you can't control people's thought and ideas towards bitcoin. It's since the time when it's known on its early days that bitcoin was no good and has no future at all. IMHO, most of the people that have started out knowing bitcoin are the real curious people and they don't depend on others people encouraging words and they're not enticed upon hearing the word about bitcoin. There are ways to solve this but you can't just don't know if those ways are going to be effective and that might be another problem to you and could bring another disappointment, let the adoption be a thing in nature and we'll get to see that good news maybe in a year or two. Because this state that we're enjoying right now was also a thought and thing of the past by most bitcoin people.

SOKO-DEKE

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Quote from: halim50_ on April 11, 2023, 10:36:12 AM

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

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?

The issue is that the adoption of Bitcoin will mostly depend on how well-educated a population is and how quickly technology is adopted. I don't anticipate many people using Bitcoin in this case because there are numerous nations where the percentage of educated people is relatively low.And secondly, a lot of individuals appear to have little faith in online investments since they believe they are all the same and label them as ponzi scams, which prevents them from paying attention and conducting further investigation.However, I think that over time, more individuals will become aware of Bitcoin.

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Quote from: halim50_ on April 11, 2023, 10:36:12 AM

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

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?

In fact, If everyone could have a free discussion opportunity about Bitcoin then everyone would get a better idea about Bitcoin very easily. Because a lots of people have interest in Bitcoin but they ignore it for the legal complications. This problem exists in most of the countries in the world. However, the positive thing is that despite being so many adverse situation people know about Bitcoin and are willing to invest in bitcoin. Different countries are now planning about Bitcoin adoption. In the meantime El Salvador has officially accepted Bitcoin and more countries are slowly connecting. I think in this way Bitcoin will create acceptance everywhere and people will gain better knowledge about it.

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Quote from: Spaceman1000$ on April 14, 2023, 07:22:34 AM

I think the best solution to solving what you don't have concrete knowledge about is to study about it. Go through practical examples of those of them involved in it, read the Bitcoin White paper.
A lot of people from the third world countries that are into bitcoin and crypto didn't just stay idle about it, they did their research and investment time and energy into it, before they started making progress.

Perhaps, knowledge is an investment too. If we wanted to know more about Bitcoin, we have to find ways, we don't need to be spooned feed, instead have to spend time on the internet because there are a lot of learning resources now that talk about crypto space, they are just waiting for us.
Because you are living in a third-world country as long as you have the passion and are eager to learn about crypto investment, there is always room for it. It is not the hindrance anyway but what makes us for not doing is because we wanted shortcuts and sadly, it only leads us to nowhere.

Spaceman1000$

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I think the best solution to solving what you don't have concrete knowledge about is to study about it. Go through practical examples of those of them involved in it, read the Bitcoin White paper.
A lot of people from the third world countries that are into bitcoin and crypto didn't just stay idle about it, they did their research and investment time and energy into it, before they started making progress.

cloirecrom

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of course ,cryptocurency including bitcoin is new emerging market, that is why entry to enter is not easy, you need to self learn a lot of thing.
but that is also why it have a lot potential, and as long you have understanding you can enter it.
as market become more mature, education will be more comprehensive

gunhell16

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Quote from: Finestream on April 13, 2023, 05:45:56 PM

Quote from: Nrcewker on April 11, 2023, 11:11:03 AM

Education is provided with compliance to government’s policies and rules and regulations. You should be shocked to know that, in many countries Bitcoins aren’t legalised yet. This is the main reason that why Bitcoins aren’t taught correctly to the people. We can’t blame the government also, as government likes to control and regulate all the assets, but Bitcoin’s decentralised nature prevents Bitcoins to be controlled. A person if wants to learn about Bitcoin, then he can do it through any source. So yes we don’t have proper education on cryptocurrencies, but we can learn if we make our willpower strong.

I believe proper or formal education is not a necessity right now, we can learn as much as we want through our due diligence scrolling all over the internet. Those who succeed in bitcoin were never had proper education on bitcoin, and yet they still managed to survive from its high volatility and now earning high digits from bitcoin. So having no proper education is not a hindrance, if you really want to learn, as long as you have the high interest and determination to learn, learning will always be possible.

You are so right, I didn't even graduate from college. But due to the interest that comes with the effort to find out what bitcoin is, and how it can help me as well as others who enter this industry, I learned and understood bitcoin in various ways, and first which is here this forum platform and second are those on social media platforms such as YouTube.

I also spent more than 1 year before I had a real understanding of Bitcoin and crypto trading to be honest because it was not easy to absorb for me to understand right away. And to this day I am still studying it. The only difference is that Bitcoin is already making a profit for me.

Twentyonepaylots

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Quote from: Finestream on April 13, 2023, 05:45:56 PM

Quote from: Nrcewker on April 11, 2023, 11:11:03 AM

Education is provided with compliance to government’s policies and rules and regulations. You should be shocked to know that, in many countries Bitcoins aren’t legalised yet. This is the main reason that why Bitcoins aren’t taught correctly to the people. We can’t blame the government also, as government likes to control and regulate all the assets, but Bitcoin’s decentralised nature prevents Bitcoins to be controlled. A person if wants to learn about Bitcoin, then he can do it through any source. So yes we don’t have proper education on cryptocurrencies, but we can learn if we make our willpower strong.

I believe proper or formal education is not a necessity right now, we can learn as much as we want through our due diligence scrolling all over the internet. Those who succeed in bitcoin were never had proper education on bitcoin, and yet they still managed to survive from its high volatility and now earning high digits from bitcoin. So having no proper education is not a hindrance, if you really want to learn, as long as you have the high interest and determination to learn, learning will always be possible.

I agree since being educated on something technical like this is a personal choice so it is not surprising to see that majority isn't that educated or even familiar with these things. It is indeed that most of the ones who becomes trader or holder have no proper education since they maximize the potential of technology to be used as a way to learn something.

Quote from: CryptoSable on April 13, 2023, 09:21:47 PM

It takes a long time to have a normative system for new things to integrate into our lives. but we can see a step forward, more and more countries legalize bitcoin, more and more people start to understand bitcoin.

It would be a long way to go to see an education system that incorporate cryptocurrencies since it isn't even recognised by the government. So, the only way that I think is just to spread your learnings regarding these and let people see the potential of these new technology to them.

halim50_

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Quote from: lovesmayfamilis on April 12, 2023, 02:54:39 AM

By the way, you can spread information about Bitcoin from all your accounts, do not be shy. Grin

https://bitcointalksearch.org/topic/m.61645393

With due respect I have to say, you have a misconception about me. Sir I am a straggler here and trying to improve myself. Let me tell you a truth whether accept or not is your personal matter, I have only one account and that is this.

adzino

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Quote from: halim50_ on April 11, 2023, 10:36:12 AM

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

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?

I don't completely agree with you on this. Sure, there's still a lot of people who don't know much about Bitcoin, but it's not just a Europe-America thing. There are plenty of people in other countries who are well-informed about it too. Maybe much better than us (Hence why, lots of blockchain related industries go offshore to form their company).But yeah, I get your point about the need for better education. Most people rely on the "controlled media" to gain information and we all know how biased the main stream media is. One way to solve this issue is to spread the word ourselves, everything we know, with references and sources. Share information with friends, family, and others in our community. The more we talk about it, the more people will learn and understand, the more people will be interested in crypto currencies.

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Quote from: CryptoSable on April 13, 2023, 09:21:47 PM

It takes a long time to have a normative system for new things to integrate into our lives. but we can see a step forward, more and more countries legalize bitcoin, more and more people start to understand bitcoin.

everything in the world that conceptualize to earning or profiteering needs time to develop and understand as what we can see in this market that took 13 years now yet not adopted and accepted by the world.
and still many people that does not have knowledge or come across .
but this does not mean we must stop here , we need to continue our belief and our trust to gain that more attention and support.
lets assume that in the coming years at least there will be more light?

CryptoSable

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It takes a long time to have a normative system for new things to integrate into our lives. but we can see a step forward, more and more countries legalize bitcoin, more and more people start to understand bitcoin.

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Quote from: Nrcewker on April 11, 2023, 11:11:03 AM

Education is provided with compliance to government’s policies and rules and regulations. You should be shocked to know that, in many countries Bitcoins aren’t legalised yet. This is the main reason that why Bitcoins aren’t taught correctly to the people. We can’t blame the government also, as government likes to control and regulate all the assets, but Bitcoin’s decentralised nature prevents Bitcoins to be controlled. A person if wants to learn about Bitcoin, then he can do it through any source. So yes we don’t have proper education on cryptocurrencies, but we can learn if we make our willpower strong.

I believe proper or formal education is not a necessity right now, we can learn as much as we want through our due diligence scrolling all over the internet. Those who succeed in bitcoin were never had proper education on bitcoin, and yet they still managed to survive from its high volatility and now earning high digits from bitcoin. So having no proper education is not a hindrance, if you really want to learn, as long as you have the high interest and determination to learn, learning will always be possible.

Findingnemo

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Quote from: halim50_ on April 11, 2023, 10:36:12 AM

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

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?

Tha name Satoshi is coming from Japan if I am not which is an Asian country then how can you simply throw people apart drom EU and USA don't know what is bitcoin which isn't acceptable.

Maybe more people invested on bitcoin from that region because they had money to invest but as of now middle class of third world countries are considering bitcoin along with gold for long term investment which shows how much they realised about bitcoin but when we are talking about majority of people nowhere its happening so time will let us know everything.

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Quote from: lalabotax on April 12, 2023, 04:55:51 PM

Quote from: halim50_ on April 11, 2023, 10:36:12 AM

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. :

This may also be influenced by how we view Bitcoin. sometimes, even though we have a lot of knowledge and are highly educated but don't accept Bitcoin, whatever is conveyed regarding Bitcoin, will definitely not be well received. In fact, they will increasingly think wrongly of Bitcoin. But if they accept Bitcoin, regardless of their educational background, they will accept and open their minds about Bitcoin. It's such a simple thing, but people may have certain restrictions on things

And unfortunately bitcoin only requires that one should be civilized and learned to know about bitcoin. I was first in early time thought that even people that are not educated would understand bitcoin and invest in it. But as time goes on I understood the technicalities of Bitcoin and now realised that one should at least be educated to a certain point in order to adopt bitcoin very well. There are so many people in the third world country who are illiterate and they would find it difficult to own and secure their bitcoin for a long period of time. This is one of the factors that is delaying the global adoption of Bitcoin.

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Quote from: Dzwaafu11 on April 13, 2023, 07:48:52 AM

Due to bitcoin's low adoption rate and some users' unfamiliarity with the technology that goes along with it, there is a lack of proper education on the subject. Before enrolling in a program, some users were not properly educated on bitcoin, and instead of seeking out more information or conducting research, they began spreading misinformation to the general public.
Although I think bitcoin will advance more in the near future than it has so far, we all agree that it is still in the early stages of acceptance.

It is my belief that Bitcoin's popularity will surge, as inherent weaknesses of fiat based currency system are becoming apparent to the general public, in particular during the recent tomes when many banks collapsed in USA, as a result more people are exploring is compelling alternatives to safeguard value of their hard earned money.In this perspective, Bitcoin adoption will accelerate significantly in coming months and years.

Dzwaafu11

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Due to bitcoin's low adoption rate and some users' unfamiliarity with the technology that goes along with it, there is a lack of proper education on the subject. Before enrolling in a program, some users were not properly educated on bitcoin, and instead of seeking out more information or conducting research, they began spreading misinformation to the general public.
Although I think bitcoin will advance more in the near future than it has so far, we all agree that it is still in the early stages of acceptance.

Topic: we don't have proper education on bitcoin. - page 4. (Read 919 times)