Post
Topic
Board Bitcoin Discussion
Re: Why do people avoid bitcoin?
by
Abiky
on 25/10/2020, 21:40:27 UTC
Unfortunately there are various reasons why bitcoin and cryptocurrencies are ignored, the first that come to mind is the murky image that the mass media continually give about this fantastic technology, people are therefore afraid and prevented. The other reasons may also be the big volatility of the currency which generates the danger of losses, without forgetting the fact that still a large part of the population, especially the elderly, does not know how to interact with this technology, download a wallet or buy bitcoin. There are still many obstacles to overcome for bitcoin to be well accepted by the mass  Undecided

Sadly, mainstream media and governments have done their part to try to scare people off Bitcoin. After all, they don't want to lose control/sovereignty of the current monetary system. Imagine what harm would Bitcoin cause to Fiat if everyone started using it in the mainstream world. Governments will lose control of people's money like never before. It's why misinformation and negative propaganda against Bitcoin has persisted since its inception. There may be nothing we can do to stop it, since most governments dominate mainstream media. The best we can do is to spread the word about Bitcoin's true benefits relative to Fiat. People will then decide if they want to adopt Bitcoin for their own benefit or simply stick with Fiat.

As long as we do our part in spreading the word about Bitcoin to people in the mainstream world, the time will come where mainstream adoption will rise like never before. In these turbulent times, more people are resorting to Bitcoin as a safe-haven asset. The pioneer cryptocurrency's legitimate use cases will be expanded, rendering negative propaganda and misinformation efforts worthless. While there will still exist haters and those who avoid Bitcoin in the mainstream world, the pioneer cryptocurrency will thrive because of the immense number of supporters backing it. There's no reason to worry about some people avoiding Bitcoin as not everyone has the same perspective about it. Just my opinion Smiley