Post
Topic
Board Bitcoin Discussion
Re: Who wants to use Bitcoin?
by
bitarmor
on 14/12/2018, 02:50:25 UTC
When we geeks on this platform that fully understand the bitcoin ecosystem invest a considerable amount of time to educate and make understanding bitcoin easier (Eli5  Grin) for the non-technical masses out there, we will see a massive adoption and bitcoin; blockchain generally will flourish.
 
A lot of people hop on this train just because of its perceived immediate monetary benefits without fully understanding how it functions.
(I was actually pissed when I learnt my mom, motivated by profits, invested in an altcoin that later folded up not long ago) and so when the train hits a little bump, almost everyone gets scared and jump out.
This issue of seeking only profits is what causes people, like my mum  Cheesy, to get exploited by all the shitty ICO scams we have today and it gives Bitcoin generally a bad reputation. Hence, a lot of people would rather spend fiat than adopt cryptocurrency.