Because bitcoin is not the easiest thing to understand for the everyday person... on the one hand we want more and more people to understand crypto and bitcoin and to arrive at their own convictions about it, on the other hand so many people use the internet today without understanding how it works or why it works.
So either way we are going to see only increasing adoption of crypto.
Topic: Why do ordinary people feel afraid of Bitcoin? - page 5. (Read 3653 times)
A lot of people still can't understand how much world depends on internet right now. People at my job thinks BTC is just a scam and big bubble. Even young folks don't trust in BTC and I'm not trying to convince them because i don't wanna look like obsessed.
Communications and shopping and commerce depends on internet but I think a lot of people also overestimate how much we really need the internet. Our parents did fine without it,,, in fact had better and richer lives. The same for 1 billion people in the world who do not have internet.
Good not to convince people,,, there is not much to convince right now I would say even more so for BTC (right now). I love the currency and want it to succeed but I think we are not realistic if we say it is going to save the world and change our lives.
Why? Maybe because that bitcoin they dont hold it literaly.yes you can see it but you can not hold it.they dont know the big use of bitcoin nowadays. And maybe they just think of not secured while you have it in your wallet..they think they might be gone not knowing it. And they dont know yet how this was useful using easy transactions even far away..
The fact that bitcoin was more secure and safe in our wallet rather on our real fiat money..they dont know this is secure not to stole from some one..maybe they should know well first this bitcoin beforw they trust on it.well we also know that we can not please every one to love and trust bitcoin.but hopefully people know bitcpin and the big value of this to have it and keep it.in able for us to go on in progress...and in able for us to be in sucessful in the future.hopefully they will love it and known this well soon..
The fact that bitcoin was more secure and safe in our wallet rather on our real fiat money..they dont know this is secure not to stole from some one..maybe they should know well first this bitcoin beforw they trust on it.well we also know that we can not please every one to love and trust bitcoin.but hopefully people know bitcpin and the big value of this to have it and keep it.in able for us to go on in progress...and in able for us to be in sucessful in the future.hopefully they will love it and known this well soon..
Maybe the barrier is about technology, they don't know about technology, how bitcoin works. The impact of government bans besides the volatile bitcoin is also the reason why many people are afraid to invest in bitcoin.
Many countries around the world have no idea about bitcoin yet as they have no touch with technology so they are afraid of bitcoin. I think if they know about bitcoin investing they will invest in bitcoin even if there is a risk because it is easy to make a profit by investing even if there is fear. In many places no one knows what bitcoin is if supported by the government there will be no fear if it becomes legal. 
Maybe the barrier is about technology, they don't know about technology, how bitcoin works. The impact of government bans besides the volatile bitcoin is also the reason why many people are afraid to invest in bitcoin.
Just like ordinary people who have just entered the crypto market, they are very unfamiliar with the unknown and cannot control it. When I first learned about cryptocurrencies, I also left a bad impression on those altcoins, which made me misunderstand the entire market. The level of knowledge is not very high, and there is a lack of real knowledge and understanding of Bitcoin. Therefore, to enter a new field, you must first have a certain understanding, after all, you are taking a risk with money.
For the new ones especially those who come in when the bulls are starting to get traction, they aim to get out quickly with lambos in mind. Just when they buy today, they are already asking tomorrow when to sell.
But for those who haven't yet come to buy BTC, they are either very knowledgeable about how the market works or they are just skeptical if BTC is a scam because of the fud they hear.
Just like ordinary people who have just entered the crypto market, they are very unfamiliar with the unknown and cannot control it. When I first learned about cryptocurrencies, I also left a bad impression on those altcoins, which made me misunderstand the entire market. The level of knowledge is not very high, and there is a lack of real knowledge and understanding of Bitcoin. Therefore, to enter a new field, you must first have a certain understanding, after all, you are taking a risk with money.
I think that ordinary people are afraid of Bitcoin mainly because: 1. For political reasons, Bitcoin is banned in some countries, and then government officials in these countries usually say that Bitcoin is a scam or bubble, which is extremely risky, and then warns. People don't want to invest in such projects, so people are afraid of Bitcoin. 2. In terms of technology, some of the technologies adopted by Bitcoin are not easy for middle-aged and elderly people to accept and do not understand these encryption technologies. Therefore, it becomes very difficult to popularize knowledge about cryptocurrencies because they don’t understand. Understand, so instinctively resist such projects. 3. Volatility, most ordinary people like to invest in sound, most of them don't like to take risks to invest in high-risk projects. Bitcoin is still very volatile. For ordinary people, risks cannot be controlled and they will be afraid All your own funds will be lost.
A lot of people still can't understand how much world depends on internet right now. People at my job thinks BTC is just a scam and big bubble. Even young folks don't trust in BTC and I'm not trying to convince them because i don't wanna look like obsessed.
because they don't know about crypto and bitcoin yet. they are afraid because they do not understand about the function and workings of crypto. all new people who invest in crypto also initially have concerns, but over time they can understand and understand about crypto.
Yes it's true for beginners, investing in bitcoin looks very complicated because many terms to understand in cryptocurrency and analysis of market movements need to be done, so they decide not to invest in bitcoin, especially lately a lot of FUD news about bitcoin and they read it randomly on social media and make them even more afraid of bitcoin investment.
It isn't necessary about to learn about those numbers or technicalities but it would be good if you are bit aware with it too but going with the basic wont really be a bad idea.
Getting afraid is just only when you aren't aware on the things you've been dealing with but once you are aware then I do see the different case.
It can't hurt to put some effort into understanding what Bitcoin really is. It is quite different from a software where it's not important to understand why software does what it does. Now for the transaction alone it isn't that important to understand the functionalities at protocol level, but to understand why Bitcoin is making its way into our society is valuable knowledge to anyone. Understanding Bitcoin is kind of equal to questioning the world we currently live in. I think it can never hurt to understand the environment you spend your life in, its shortcomings and possible solutions.
sometimes many people see from bad news about bitcoin, so that ordinary people are not enthusiastic to learn more about bitcoin. this usually happens a lot when newbies enter the market and they get dumped, so their money runs out, and outside of talking about negative things about bitcoin, so ordinary people are afraid that something like that will happen
Bitcoin is a kind of digital currency. For most ordinary people, they just heard that people around them talk about misinformation such as Bitcoin is illegal and unsafe. When they hear that other people lose money by investing in Bitcoin, they will be afraid of it. They are afraid of losing money,so they will think Bitcoin is a scam. They are only temporarily seeing the negative problems of Bitcoin. But they did not really understand Bitcoin by themselves, did not participate in the blockchain technology themselves, and did not know the important impact and actual value of Bitcoin.
Bitcoin has been of great help positively to the world lately in this 21 Century,i have be wondering why a lot are still scared of venturing into it Damn.
One i feel ignorance, because without proper explanation to the ordinary man i don't see them diving into bitcoin,they have to be open to this fully.
They fill and believe since bitcoin is not physically seen and felt its gonna ne crashed anytime soon,there though on bitcoin is outdated and old,the world is evolving,things are changing but there mindset ain't doing Same.
Thats why they need proper insight in bitcoin.
One i feel ignorance, because without proper explanation to the ordinary man i don't see them diving into bitcoin,they have to be open to this fully.
They fill and believe since bitcoin is not physically seen and felt its gonna ne crashed anytime soon,there though on bitcoin is outdated and old,the world is evolving,things are changing but there mindset ain't doing Same.
Thats why they need proper insight in bitcoin.
Because the ordinary people don't even know about the bitcoin that at which time it will rise and will down, even most of the traders don't knew some time. So, this may be the fact that ordinary people afraid of bitcoin and not want to invest in this. Becuase they don't want to be in loss even.
Ordinary people still got no complete idea about Bitcoin and its importance. I'm sure that if people would get enough education about cryptocurrency and its value, I'm sure that even ordinary people will get hooked on it. People only lack knowledge about Bitcoin and they usually hear negative things about it without checking the facts first.
Because the ordinary people don't even know about the bitcoin that at which time it will rise and will down, even most of the traders don't knew some time. So, this may be the fact that ordinary people afraid of bitcoin and not want to invest in this. Becuase they don't want to be in loss even.
because they don't know about crypto and bitcoin yet. they are afraid because they do not understand about the function and workings of crypto. all new people who invest in crypto also initially have concerns, but over time they can understand and understand about crypto.
Yes it's true for beginners, investing in bitcoin looks very complicated because many terms to understand in cryptocurrency and analysis of market movements need to be done, so they decide not to invest in bitcoin, especially lately a lot of FUD news about bitcoin and they read it randomly on social media and make them even more afraid of bitcoin investment.
It isn't necessary about to learn about those numbers or technicalities but it would be good if you are bit aware with it too but going with the basic wont really be a bad idea.
Getting afraid is just only when you aren't aware on the things you've been dealing with but once you are aware then I do see the different case.
ordinary people tend to be afraid of bitcoin because of lack of knowledge and information. But if they are well informed and they will try to learn and understand cryptocurrency it will be beneficial for them. they will learn on investing and trading. they do not know how bitcoin runs and how the technology of blockchain works. they are afraid to try bitcoin. they are already comfortable with what they have and not brave enough to take risk.
- With a voluntary response in exposure to bitcoin and information, ordinary people has a better rate of sticking to and investing in bitcoin but from what i see their reaction is just coercion, they don't like bitcoin and referrals keep popping up for them, they can understand it but psychology has formed compulsion, it still scares them towards bitcoin in some particular way. Perhaps the average person needs a few extra special elements to expedite their relationship with bitcoin, with common sense and irresponsible advice it is difficult to form a sense of voluntariness. 
You can't be terrified of what's going on with bitcoin if you don't have any notion of what's going on. People who have no knowledge of how or what bitcoin is would find themselves in a difficult scenario if they invest in it. One of the fundamentals that you should focus on is knowledge.
I've found that some people aren't investing in bitcoin because they don't understand how it works, despite the fact that there are platforms that may help people learn more about it.
I've found that some people aren't investing in bitcoin because they don't understand how it works, despite the fact that there are platforms that may help people learn more about it.
They are not interested in taking or sparing some of their time to learn more about this venue of investment.
We can't force them though as they have their own opinion about this industry and the fact that most of negative news about this investment are those that's mostly shows up in the internet, without focusing or taking deeper understanding negative publicity really throw them away from this market.
ordinary people tend to be afraid of bitcoin because of lack of knowledge and information. But if they are well informed and they will try to learn and understand cryptocurrency it will be beneficial for them. they will learn on investing and trading. they do not know how bitcoin runs and how the technology of blockchain works. they are afraid to try bitcoin. they are already comfortable with what they have and not brave enough to take risk.
maybe we can say that only applies to a handful of people, because they are afraid of conditions and opinions that only they know,this is a very important business for the future.profit, sometimes we will also feel what is called a loss.So everyone who runs a business of course they only think about profit
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