Post
Topic
Board Economics
Re: I cannot go home if I don't make a lot of money now!!
by
Gladitorcomeback
on 27/07/2023, 07:18:39 UTC
Yes, I am complaining that people are not nerdy enough. It's been 14 years since Satoshi published his white paper and the vast majority of people still don't understand what Bitcoin is and how to use it. Sure there are many people buying Bitcoin on crypto exchanges and speculating on it.

However, the average guy on the street that I speak to, and even many people on crypto forums still don't understand Bitcoin's potential as a virtual commodity, or it's potential to create an alternative to Fiat economies. Maybe the problem is deeper than just a lack of understanding about the technology? Maybe it's a lack of understanding about economics as a whole? How many people are economists?

I understand that my frustration might be due to the fact that I am coming from a very privileged position. What are your thoughts on this?

I think ignorance of digital technology is the main reason why a common man does not understand the potential of Bitcoin.If you come from a very privileged place, your frustration is perfectly justified.However,the number of investors in Bitcoin is still not small.People who know about Bitcoin and have capital,are investing in Bitcoin,because they know that Bitcoin has the potential to give them the best returns in the future.I myself came to know about Bitcoin a year ago now I am thinking if I had known about Bitcoin ten years ago I would have made a great return on my investment.I hope that many people will invest in Bitcoin in the future but the need is to try to attract them in a good way about Bitcoin.