Your take on Bitcoin adoption trust issues

_BlackStar

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Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

What do you think one can do, to educate those young ones, And drive the point that with all honestly, Bitcoin isn't as bad as they think it is?

Say something true to those who believe, meaning you don't have to force them to believe what you say about bitcoin if bitcoin isn't for them and they don't like bitcoin. Bitcoin is built on the trust of its community, so don't teach them about bitcoin and something they don't want to believe.

Gold investor may not easily believe that bitcoin is better than gold, safer, easier to verify, and easier to transfer. So leave them with their own trust about the assets they believe in and teach those who do believe about bitcoin.

Frankolala

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It is a pity that they are taking Bitcoin to be altcoin and you should guide them through by taking your time to analyze the benefits of Bitcoin and its value over other altcoins. I have seen a situation whereby I was telling a friend of mine about bitcoin and he was telling me that Bitcoin will not be most valuable coin that a shitcoin which he is mining is better that Bitcoin.

I tried to make him see reasons with me but he was not ready to listen to me instead he said I should continue with bitcoin while he will keep mining his shitcoin that he believes someday the value of his altcoin will rise. There was nothing I could do about it so I let go of the argument. The problem with these people is that they lack the simple understanding of Bitcoin and don't want to listen or learn about its concept.

Renampun

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Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

...

What do you think one can do, to educate those young ones, And drive the point that with all honestly, Bitcoin isn't as bad as they think it is?

I have also experienced what you feel when you tell other people about Bitcoin and to be honest it is difficult for us to change their view of bitcoin when the majority of governments still prohibit it.
imo the best way to change their view is you have to show them what you have got while in the crypto ecosystem, many people only see real results rather than words.

Magic-Money

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Bitcoin adoption is a gradually process that will take over the world economy sooner or later, as long the community is continues growing and it keep spreading across the globe, which many institute has to do some part as a part of learning curriculum handout.

Cryptomultiplier

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I don't think making a case out of someone contemplating a decision to abide by a certain new rule book, should be debatable. Probably a certain previous experience or tale of similar experiences has contributed to forming the ideology of survival they have lived on for sometime now.
Bitcoin adoption trust issues is rare these days or maybe I haven't heard cases of such occurrence lately. Everyone these days, due to recession have had to find a sure way upgrade income, and bitcoin over the years until now has gained traction. The ads and peer to peer discussion, including interviews and papers/magazine that has been aired on TVs and made accessible to public, is more than enough to clear someone's phobia or a second thought kind of moment on this subject matter.

Russlenat

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Quote from: BlackHatCoiner on November 06, 2022, 01:19:44 PM

Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

What do you think one can do, to educate those young ones, And drive the point that with all honestly, Bitcoin isn't as bad as they think it is?

Have a dialogue with them. There aren't lots of things to do. Essentially what you're asking is: how can I make a conversation with a biased person? Apparently, by doing it. Explain them the FUDs, counter-argue to energy waste, criminal activity, mining pool oligopoly, ponzi scheme narrative etc.

End the FUD.

Start an interesting conversation that will correct all their wrong information about bitcoin. Trace the history and share them it’s proven and trusted journey throughout the years. If they are smart enough, they can easily accept the truth about bitcoin and change their corrupt minds. However, expect that not all of them will believe on you, and it’s not your problem anymore, leave those minds that refuse to accept the reality about bitcoin.

Saint-loup

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Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

Today I had an opportunity in engaging with some youths, Immediately after Church service, discussing the future of Bitcoin, Their knowledge so far, And what their expectations are.

After long discussion, I found out that a lot of misinformation has be spread to those young lads about Bitcoin, How violating it is, how it can rekt someone, and lot more

Based on the conversation, I found out that the biggest challenge currently within Bitcoin adoption in those Communities is trust issues, It's extremely difficult and hard for people to agree and come to term with anything that has to do with Bitcoin most especially as a result of those government approved school scheme for sensitization about the danger of digital currencies, Thereby corrupting the minds of those young ones

What do you think one can do, to educate those young ones, And drive the point that with all honestly, Bitcoin isn't as bad as they think it is?

You didn't say where you are from and which government you are talking about precisely but if your government teaches to people, and especially to children that Bitcoin is a risky asset, "violent" as you say, that can rekt investors it is telling the truth unfortunately. Because it's a good thing to use Bitcoin, but not a good one to invest into it while thinking it's as safe as gold. Layman investors must be cautious about it.

Lordsilvabtc

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Quote from: MetaNite on November 12, 2022, 03:56:44 AM

Quote from: Techkoy407 on November 11, 2022, 09:40:03 PM

Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

Today I had an opportunity in engaging with some youths, Immediately after Church service, discussing the future of Bitcoin, Their knowledge so far, And what their expectations are.

After long discussion, I found out that a lot of misinformation has be spread to those young lads about Bitcoin, How violating it is, how it can rekt someone, and lot more

Based on the conversation, I found out that the biggest challenge currently within Bitcoin adoption in those Communities is trust issues, It's extremely difficult and hard for people to agree and come to term with anything that has to do with Bitcoin most especially as a result of those government approved school scheme for sensitization about the danger of digital currencies, Thereby corrupting the minds of those young ones

What do you think one can do, to educate those young ones, And drive the point that with all honestly, Bitcoin isn't as bad as they think it is?

If teaching children about bitcoin adoption, it is a bit difficult in my experience, because children tend to not understand, and don't really care about finances.

but if you want to be taught, maybe the first thing to teach is to save money first, from the rest of their allowance, even though little by little they collect money, but that's a good thing.

after being able to raise money, then introduce them to crypto, and invest.
and guide investing using the proceeds
savings, and don't forget to teach about the risks of investing in crypto.

I'm sorry but I do not agree with you, Children seems to learn faster than the adults, the brain is extra ordinary sharp, whatever they learnt at a tender age, stays completely with them, so a thousand times I disagree that Children don't seems to understand

I agreed with you on this on this, Nevertheless the people I'm referring to here, ain't even Children they're growth adult of above 20+, and the mindset of Children not understanding things fast needs to be corrected and resshape, my uncle's son who's always sitting with me most of the time, has so much knowledge about Bitcoin and crypto in general already, sometimes I feels he's now wiser than I am, sometimes he seats in the seating room watching YouTube videos of Bitcoin analysis, this is a child of just 10 years, yet when he talks about Bitcoin, he speaks wisdom like an adult, why because of the lessons he's learnt over the period on YouTube.

Daniel91

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Currently, due to the FTX saga, there is a lot of bad news in the media about crypto and this affects the public's perception of crypto.
When I talk to people about crypto most are negative and when I ask them why it's usually because of something they read in the media.
When people do not understand the subject, they usually believe what they hear or read in the media.
Obviously, meetings should be organized with journalists and they should be educated about crypto, so that they can understand the topic and write their articles based on the right information.
Crypto associations, companies and organizations should initiate this process and help journalists write better and more objective articles about crypto.

passwordnow

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Quote from: Techkoy407 on November 11, 2022, 09:40:03 PM

If teaching children about bitcoin adoption, it is a bit difficult in my experience, because children tend to not understand, and don't really care about finances.

We may have a hard time teaching them but they're teachable and easy to absorb new information that's being told to them. I can attest to that because I've seen younger kids this day and you teach them the new technology and they will respond so easily as if they're no longer a newbie about it. And as it goes on, relating it to finances, I find much younger age today that are now starting to give importance to relation to money because of how we have dealt with the pandemic and crises that have happened within the short span of a couple of years.

Pmalek

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Farewell, Leo. You will be missed!

Ask them a direct and precise question about what is troubling them about bitcoin the currency or Bitcoin the network. Then listen for their answers. If you recognize misinformation, correct it and explain why the opinion they have is wrong. Offer examples and supporting arguments to show them the truth. You are going to have to be prepared well. If you think you can do that, good. If you don't believe you have the needed knowledge, you could just make things worse and distance them further away from Bitcoin if they win those oral arguments.

MetaNite

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Quote from: Techkoy407 on November 11, 2022, 09:40:03 PM

Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

Today I had an opportunity in engaging with some youths, Immediately after Church service, discussing the future of Bitcoin, Their knowledge so far, And what their expectations are.

After long discussion, I found out that a lot of misinformation has be spread to those young lads about Bitcoin, How violating it is, how it can rekt someone, and lot more

Based on the conversation, I found out that the biggest challenge currently within Bitcoin adoption in those Communities is trust issues, It's extremely difficult and hard for people to agree and come to term with anything that has to do with Bitcoin most especially as a result of those government approved school scheme for sensitization about the danger of digital currencies, Thereby corrupting the minds of those young ones

What do you think one can do, to educate those young ones, And drive the point that with all honestly, Bitcoin isn't as bad as they think it is?

If teaching children about bitcoin adoption, it is a bit difficult in my experience, because children tend to not understand, and don't really care about finances.

but if you want to be taught, maybe the first thing to teach is to save money first, from the rest of their allowance, even though little by little they collect money, but that's a good thing.

after being able to raise money, then introduce them to crypto, and invest.
and guide investing using the proceeds
savings, and don't forget to teach about the risks of investing in crypto.

I'm sorry but I do not agree with you, Children seems to learn faster than the adults, the brain is extra ordinary sharp, whatever they learnt at a tender age, stays completely with them, so a thousand times I disagree that Children don't seems to understand

Techkoy407

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Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

Today I had an opportunity in engaging with some youths, Immediately after Church service, discussing the future of Bitcoin, Their knowledge so far, And what their expectations are.

After long discussion, I found out that a lot of misinformation has be spread to those young lads about Bitcoin, How violating it is, how it can rekt someone, and lot more

Based on the conversation, I found out that the biggest challenge currently within Bitcoin adoption in those Communities is trust issues, It's extremely difficult and hard for people to agree and come to term with anything that has to do with Bitcoin most especially as a result of those government approved school scheme for sensitization about the danger of digital currencies, Thereby corrupting the minds of those young ones

What do you think one can do, to educate those young ones, And drive the point that with all honestly, Bitcoin isn't as bad as they think it is?

If teaching children about bitcoin adoption, it is a bit difficult in my experience, because children tend to not understand, and don't really care about finances.

but if you want to be taught, maybe the first thing to teach is to save money first, from the rest of their allowance, even though little by little they collect money, but that's a good thing.

after being able to raise money, then introduce them to crypto, and invest.
and guide investing using the proceeds
savings, and don't forget to teach about the risks of investing in crypto.

KingsDen

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Hello Leo! You can still win.

Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

After long discussion, I found out that a lot of misinformation has be spread to those young lads about Bitcoin, How violating it is, how it can rekt someone, and lot more

Actually from the two you listed above, there is no minformation in them. If they are told that bitcoin is volatile, of a truth, bitcoin is volatile there is no doubt about that. The other opinion is that bitcoin can rake someone.
This is truth because when you don't monitor your portfolio and enter the market at the wrong time your portfolio can go to zero.

So, there's no minformation, it is truth told in wrong way. When you meet such situations, don't try to debate in favour of bitcoin. But tell them the truth as it is supposed to be and allow them make their decisions.

AakZaki

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If they are always given information about the Dangers of Cryptocurrencies, then someone needs to provide knowledge about the advantages of cryptocurrencies. Of course, they will also understand how crypto can develop and provide many benefits for them now and in the future. Now that bitcoin adoption is starting to grow, you might be able to give a clear picture of the mass adoption happening so that they have an idea of what bitcoin or cryptocurrency really is. Young people will certainly think critically about the dangers and advantages of cryptocurrencies. it's just like a knife that can hurt and can be used for something more useful.

Cookdata

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Not Your Keys, Not Your Bitcoin

Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

Today I had an opportunity in engaging with some youths, Immediately after Church service, discussing the future of Bitcoin, Their knowledge so far, And what their expectations are.

After long discussion, I found out that a lot of misinformation has be spread to those young lads about Bitcoin, How violating it is, how it can rekt someone, and lot more

Based on the conversation, I found out that the biggest challenge currently within Bitcoin adoption in those Communities is trust issues, It's extremely difficult and hard for people to agree and come to term with anything that has to do with Bitcoin most especially as a result of those government approved school scheme for sensitization about the danger of digital currencies, Thereby corrupting the minds of those young ones

What do you think one can do, to educate those young ones, And drive the point that with all honestly, Bitcoin isn't as bad as they think it is?

I hope the discussion topic wasn't CRYPTO. When you said that to people, they don't usually know the difference between altcoins and Bitcoin and from that, they are actually right about what is even happening right now in the markets. Altcoins will get you rekt and what painful the most is that most of them hardly bounce back after their crash, only bitcoin has been the survival of all and it pains me that Bitcoin is always dragged along for these silly mistakes by altcoin projects.

As a pro bitcoiner who can differentiate between wrong and right, it is your responsibility to guide them, tell them the intellectual and values of bitcoin, the importance of bitcoin, what good bitcoin has done in the past and what it will do tomorrow as a decentralized asset

qwertyup23

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Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

What do you think one can do, to educate those young ones, And drive the point that with all honestly, Bitcoin isn't as bad as they think it is?

I agree with your statement that the hindrance towards a widescale development of cryptocurrencies is its negative view depicted in the media. There seems to be a stigma whenever a person hears or sees cryptocurrencies. This is so because various media outlets only portray negative experiences of people about their investment in BTC. That is the reason on why its adoption in some countries are prohibited and some people refuse to at least attempt to invest on it.

The only solution to this problem is to counter what the media is trying to portray it. Fortunately, lots of big businesses have started to accept BTC as an alternative mode of payment. Not to mention, some countries have also started to use BTC as their legal tender (El Salvador). All of these contribute towards the overall contribution of its positive outlook in the market.

Finestream

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Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

Today I had an opportunity in engaging with some youths, Immediately after Church service, discussing the future of Bitcoin, Their knowledge so far, And what their expectations are.

After long discussion, I found out that a lot of misinformation has be spread to those young lads about Bitcoin, How violating it is, how it can rekt someone, and lot more

Based on the conversation, I found out that the biggest challenge currently within Bitcoin adoption in those Communities is trust issues, It's extremely difficult and hard for people to agree and come to term with anything that has to do with Bitcoin most especially as a result of those government approved school scheme for sensitization about the danger of digital currencies, Thereby corrupting the minds of those young ones

What do you think one can do, to educate those young ones, And drive the point that with all honestly, Bitcoin isn't as bad as they think it is?

This is not an easy task as it may end up like the crowd versus you. However, if you can manage to start a dialogue between them and would be given a chance to tell about your stand on bitcoin, then always tell the facts provided with some proofs and evidences. If they are intelligent enough and open minded, they can correct their mistakes and shift their perception about bitcoin. But if some end up doubted you, then better to leave them on what they believe. When bitcoin becomes a global currency hopefully, that’s the time they will start to realize that bitcoin isn’t scam at all.

Rengga Jati

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Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

After long discussion, I found out that a lot of misinformation has be spread to those young lads about Bitcoin, How violating it is, how it can rekt someone, and lot more

That's a fact, we can find many people disinformation about Bitcoin in society, moreover for those who believe in one-sided media sources. However we explain to them, this will not affect how they are thinking because they seem to like getting a mindset and the doctrine that Bitcoin is not something to be approached, Bitcoin is a fraudulent investment, a Ponzi scheme, related to terrorism and crime, gambling, and so on. This thought seems quite difficult to erase in society although we have explained it exactly, although we have suggested they take Bitcoin from several sources, they will only believe in one source that they trust most.

Although we can also find some people being open-minded about this and then can understand what Bitcoin is, We also find this in society. But, this is quite small compared to those who are opposite to Bitcoin. I don't know about other countries, but this is what's happening around my environment and areas.

Coyster

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Quote from: Lordsilvabtc on November 06, 2022, 12:50:42 PM

Based on the conversation, I found out that the biggest challenge currently within Bitcoin adoption in those Communities is trust issues, It's extremely difficult and hard for people to agree and come to term with anything that has to do with Bitcoin most especially as a result of those government approved school scheme for sensitization about the danger of digital currencies, Thereby corrupting the minds of those young ones

Well people who have trust/risk concern issues haven't done their own research, they only rely on the negative information and propaganda highlighted in the media and by the Government about Bitcoin. People do not have to agree/trust what other people say about Bitcoin, the network is open source and decentralized, they can verify whatever and also be a part of the network. what is required of them is to do their own research, they can't have trust/risk concern issues when they don't even understand a thing about the network.

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