Topic: we don't have proper education on bitcoin. - page 8. (Read 919 times)

What is the actual problem you're trying to address? It's unrealistic to expect widespread knowledge about Bitcoin when a majority of people haven't even heard of it. The only solution would be for governments to push for widespread adoption, but this is unlikely to happen on a large scale. In contrast, if you were to visit El Salvador, you would find that about 90% of the population is familiar with Bitcoin, even if they don't use it. However, in other countries, I doubt that even 10% of the population is aware of Bitcoin.

This could be a proven fact if this happen to be posted in Bitcoin's earlier years.  People are getting the hang of what Bitcoin is.  With many online courses and lots of articles that talk about Bitcoin, I believe people who understand Bitcoin aren't that few anymore.

 

I do not think that it is the misconception that prevents people from investing to Bitcoin but the lack of extra funds to buy Bitcoin.  As a matter of fact, I think the majority of Bitcoin investors are swayed by misconception, the reason why many of these so-called misguided investors suffered losses.


People's life and nation's economy will go on and continue to strive with or without Bitcoin, so I do not think that it is not a big deal if a person doesn't involve themselves in cryptocurrency.


If we wanted Bitcoin to promulgate, the only solution is to promote Bitcoin, encourage the government to accept Bitcoin and authorize the use of Bitcoin legally.  Adoption is always faster when the government is involved.

I guess one of the greatest reasons why people aren't familiar with Bitcoin is because they aren't familiar with technology and no one is having misconceptions here.
At some point, you have to understand that Bitcoin serves different purposes and most persons have their purpose for owning Bitcoin which might be totally different from that of the other person that doesn't mean because he isn't doing what the next person is doing with his coin, his then having a misconceptions.
Another chance Bitcoin is facing is it's ban in most countries because I know that at some points, if Bitcoin is accepted in a country, it also increases its chances of getting widely accepted in such a country.

The problem is the education but the leaders with their policies, if the leaders adopt bitcoin and also accept not to be taught in the education system then things will be easy for the upcoming generation to understand. Even as that you can still gather some faithful ones to be teaching if only they are ready to learn.

Let me start from the family level, if there are five members in the family, it will be one or two that would fully understand bitcoin and Invest on it all the rest would be passerby on bitcoin. That also applied to the larger society.

It is interesting that you start with the theory that very few people really understand Bitcoin, and then you show that you yourself did not understand Bitcoin very well because you call it an investment platform. or I misinterpreted you, in that case, I apologize.


This is not true, since there are countries outside these zones that have very advanced Bitcoin communities. Nigeria for example. In fact, there is still a relatively small number of Bitcoin supporters, the most common reason is state regulations that make it difficult or impossible to implement and use cryptocurrencies.
In 3rd countries, the reason for this is that with the use of cryptocurrencies, people would have a greater degree of financial freedom, and this would complicate the management of the state.

This is more likely a personal problem rather than a society problem. There are various guides on the internet available and if you think it's not enough, then you aren't supposed to be in this industry. It's like me not searching for how to play guitar and then calling out that it's a difficult intrusment to play without any guidance available worldwide.

I respect your personal opinion however you are challenging a fact in this thread. Even a simple ChatGPT prompt: "Hi, list me 10 best resources for understanding Bitcoin" will be more than enough.

Here you go with 5 of them as of now:

1. Bitcoin.org: The official website of Bitcoin, containing the white paper, documentation, and other resources for understanding Bitcoin.
2. The Bitcoin Standard by Saifedean Ammous: A popular book that explores the economic principles behind Bitcoin and its potential as a currency.
3. The Internet of Money by Andreas Antonopoulos: A collection of talks by Bitcoin expert Andreas Antonopoulos that explores the potential of Bitcoin and blockchain technology.
4. Bitcoin Wiki: A comprehensive resource for understanding the technical details of Bitcoin and its underlying technology, blockchain.
5. The Bitcoin Podcast: A weekly podcast that covers news, developments, and discussions related to Bitcoin and cryptocurrency.

Hope it's good enough for you.

Education material has been available on the world wide web for a while now. It's just that most people decide to just follow some YouTube pump-and-dump influencer's advice rather than actually learning the ropes of this industry. Same thing with investing in general(stocks, etc).

What is the urgency of teaching Bitcoin to the masses? Since you mention third-world countries, does Bitcoin comprehension are better than basic subjects like, reading, writing, and arithmetic?

Specifically to those who have misconceptions, someone better to let them know, and fight it if it goes into FUD, like those who advocate Bitcoin switching to PoS. Also, still in the context of third-world countries, don't you think the ones who misconception are also lacking a good education? My point is, essential education subjects are still lacking in many parts of the world, go around looking at PISA or OECD, so Bitcoin is out of the option when we talk about education urgencies.

This is only your opinion, it isn’t facts and should not be stated as such. Learn to add “I think” or “in my opinion” when discussing such things. After reading the topic, I can say OP does not have a good understanding of bitcoin, bitcoin isn’t a platform for people to invest. I think bitcoin is popular in developing countries because of the poor economy, the people there are more open to new alternatives that can help them stay ahead of the inflation rates.
The stats from chainalysis.com show that there is an increasingly high bitcoin adoption in Nigeria, Venezuela, Ghana, Kenya, Vietnam, and other developing countries.



https://blog.chainalysis.com/reports/2021-global-crypto-adoption-index/

Bitcoin doesn't really have a proper education in a lot of countries so it just depends on people's experience, and what they think about it, or could also be from gossip.

I think the best way is to promote and adopt Bitcoin, the more we promote Bitcoin the more people because curious about it and if we start to adopt Bitcoin a lot of people will be interested in using Bitcoin as well. If that happened they will have their own research about it, if they have a bad perception of Bitcoin it might change in the long run if they started using Bitcoin.

The fact that some people think that they need to learn everything about Bitcoin before they can invest in Bitcoin is actually limiting a lot of people.
Having misconceptions about Bitcoin is something that you'll find everywhere since in most country we don't have dedicated systems or subject that teaches about Bitcoin so we all try to learn about Bitcoin ourselves and during that process, we came across some information that wasn't correct, and that information was spread to several other people who as well continue the spread.

I'm also guilty of being fed a lot of misconceptions and lies about Bitcoin before entering this forum.


As long we still have false information continuously being spread across several platforms on the internet and also physically it will be sloe to impossible to eliminate bitcoins misconceptions. But with constant awareness creation and more people trying to correct those misconceptions we might be able to see a positive effect.
But note that as long as we have anti-bitcoiners on the internet misconceptions will continue to be developed.

Time will solve this problem.

Most of the time, even who learned about Bitcoin has a lot of misconceptions.  This will only be solved slowly in time.  Newborns of today will learn faster.  To us this is new technology so we have a harder time learning.

I do not think there are other solutions.  We try to solve this issue here but even Bitcoin Talk is filled with users with misconceptions.

yet we were told information spreads faster in today/'s technology. what is happening today is that the media and influencers are not on board to benefit what Bitcoin is offering. before the adoption of the technology, there are groups who are blocking BTC adoption and they are up to stop it. although BTC is out in the open already, the government all around the world are also up to stop it.

the whitepaper of BTC i think is already a proper way to learn about it. and there are legitimate people who are really spreading the word about BTC on every video sharing sites.

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.

The people from developed countries will come to know about the technologies and implementation of technology was faster in developed countries.So we can’t blame on this things,when you come to know about the technology,you should get into that technology immediately.Because every time delay leads to backward in development.So if you come to know about any technology including cryptocurrencies.You can hold some of your assets in the crypto market itself,because in few years it will give you huge profits.The developing countries had huge opportunities that will be spread from the developed countries.Most of the time,educated people get to know of technologies.If you are here before 2017,you had know about the cryptocurrency in advanced.The reason for less knowledge spread of crypto currencies in many countries due to less amount of literate people.

I think they haven't fully understand how this Bitcoin works and that some people know it may invested their time to learn it. Some are they share what they learn about bitcoin, not only bitcoin but different coins also. Some people invested their time learning and these people are interested about what are cryptos are.

I don't think there is a problem there. It's just better if these coins get their attention and try to study this type of coin.

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. 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?