Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin really not for everyone?
by
Mauser
on 07/08/2023, 14:30:19 UTC
So for me, no amount of educating people about bitcoin is enough, if an individual has the energy to go round his community to talk to people about bitcoin, I think is a welcome development, as long as his giving them the right knowledge on bitcoin education.
In telling people about bitcoin, even if they don't seem to accept it at first, you will see a good number coming to pick interest much later. Just because a person didn't accept your idea presented to him immediately doesn't perfectly mean he has totally rejected for at some point in life he might find reasons to give the idea a try even without you knowing about it. Let's keep the ball rolling bitcoin is here to stay.

I don't think that education should play a role in wether someone should own bitcoin or not. Of course it's a good thing to fully understand crypto currencies and bitcoins before buying them, but even people that have no clue get advantages from owning bitcoins. Just compare it to stocks, I think everybody would agree that owning stocks makes sense for longterm investing. And even in the case when someone has no clue about stocks and the companies behind them, owning ETFs or investment funds is going to make a much better return than a savings account. The same holds true for owning bitcoins, the long term profit from bitcoins are visable and everybody can profit from them. The key to building resilient portfolios is to diversify in a large number of different assets, cryptos should definitely be a part of it.