Post
Topic
Board Bitcoin Discussion
Re: Trust in cryptocurrency?
by
summonerrk
on 19/05/2023, 19:26:50 UTC
Recently, I've been wondering, and based on the people I live with, I'd say that only 20% of them know what cryptocurrency is.
Sometimes I ask my friend or colleague if he knows what Bitcoin is, and if they're young (20-35 years old), they say, "Yes, I've heard about it. But I don't know much about it."
If I'm talking to older people (40–60), mostly they don't know what it is.

We are living in a world of big changes in every aspect of life. But do you think it will be time when cryptocurrency will come into our lives and be normal for all people? Will people be able to trust crypto?

I'm wondering what your opinion is about this.

In 2016, we were enthusiasts watching the world change by recognizing bitcoin. But unfortunately, BTC is still not known in a broad sense. And I think this is why: even we, experienced people, do not fully trust cryptocurrencies. I mean the reliability of storage. Unfortunately, cryptocurrencies need wallets, and recently I conducted a study on their reliability: the number of hacks, the openness of the code, rating, convenience.
(I want to say that of all the wallets, I would entrust bitcoins only to the Ledger.)
So what im about?
To the fact that I had to use all my knowledge, all my experience. Ordinary people who are not privy to the theme of cryptocurrencies will not do this! They just won't buy BTС. That is, the world is not ready to provide people with understandable, reliable systems. Therefore, there is no trust to cryptocurrencies.