High rate of crypto illiteracy still makes me sad.
I made a transaction through my bank, Fortunately the money was'nt received by the suppose receiver and i was debited.
I went to the bank for transfer error issue, spending more than 5hours trying to get access into the bank(due to crowd) and 3hrs trying to fix the transfer error.
My point here is that, if i had sent the money in form of crypto(Bitcoin), my transaction would have run smoothly, the only way i would have had an issue was if i had transfer to the wrong address.
Note: Crypto illiterate as mentioned above is not an insult, they are individuals with low crypto knowledge.
What's your opinion ? .
But research has shown that lack of awareness of crypto has reduced over time, at least a graduate from tertiary institutions or high school has heard of bitcoin, the only challenge of bitcoin we are facing right now is the adoption which I believe is growing gradually, it will continue to grow until it is spread to every corner of the world where we don't need to repeat the name twice, it would be everywhere across every city legally adopted as legal tender or legally allow for people to hold on their own will, though the thing is this, not everyone will accept bitcoin even if bitcoin is adopted by the governments across the world.