Post
Topic
Board Economics
Re: More formal blockchain education needed in the Philippines
by
Matthewmorris4
on 13/02/2019, 23:20:27 UTC
snip-
It will also help to reduce a lot of misconceptions around crypto because crypto is the first ever real life use case of blockchain. At least some people will stop calling it a ponzi scam of they educate themselves with this technology. It's the need of the hour!
I like your point of view, that was mostly people think here in the Philippines that Bitcoin is a part of ponzi scam. Before there's a bigtime scammer caught in authority last two years if not mistaken, that's I think the reason some people always thinking Bitcoin is a scam they didn't know the real value of blockchain.

Well, that is a piece of good news though, for me, if people here are fully knowledgeable enough on blockchain and crypto for sure it takes massive adoption.

Well, i think most of people's mindset about crypto is also like this, but sometimes crypto system also act like ponzi. Make people FOMO about one thing and then the demand will slowly going down. I think education just via online is enough, no need to be a department to solve problem like this. We don't have to force people to enter crypto market.