Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
jokers10
on 19/06/2022, 15:06:35 UTC
...
bringing us back to the question about why use the word "crypto" when trying to describe what is happening in El Salvador related to bitcoin.. back to you jokers10?
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I'm not going to answer each part of question as I guess I've got what you mean. First: I don't promote any other cryptocurrencies to become adopted in El Salvador. Next, what is Bitcoin: it is a specific cryptocurrency with specific functions and background. What is crypto in general, as idea: it is a class of such cryptocurrencies, of how do they work, of how to use them, of which risks are there.

So no, when I'm talking about what is happening with bitcoin in El Salvador I'm talking about bitcoin and I know that. But when I'm talking about education I'm talking about basic crypto knowledge and basic economy as I think that it is not enough to know just about bitcoin to use it wisely. It is not about learning about other cryptocurrencies, it is about learning basic ideas of the system, for which bitcoin is just a part, even if it is a main part.

I understand your point that you are worried about possible mess if some other cryptocurrencies would be promoted masquerading as education of crypto but teaching basics of crypto as an idea you'll IMO get the salvation of this problem. And hiding knowledge you'll get  a mistrust.