Quote from: Vaskiy on Today at 09:33:37 PM

Quote from: BVeyron on Today at 08:15:28 PM

Quote from: urbanmerchant on July 17, 2023, 06:40:45 AM

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 that it happens due to low adoption level: people just don't know much about cryptocurrencies. They don't need crypto, since they can't buy things using these coins. Since its impossible to transform digital numbers into values, it seems that these numbers are not valuable. So for most people it looks like waste of money: no need to buy digits on a screen...

It is very early, takes time for people to learn about technology and experience the transition from the fiat to the digital economy. When it comes to cryptocurrency, it is completely technology based and for that reason it is not an easy thing to reach the bottom level of the people easily. When the usage increases automatically people will get to know about it, as well as try to explore and understand what is bitcoin and the need for it against the traditional system into usage.

It is all about interest and the immediate need of the technology. Since learning and not learning Bitcoin does not pose any threat, people don't find it a basic need to learn about the technology of Bitcoin. If learning Bitcoin is a matter of life and death, I think all people could have known and learned about Bitcoin already.

This simply shows that not all people are interested in Bitcoin and its technology, and we cannot force these people to get interested in learning about Bitcoin technology. After all, it is their life and their decision. I believe it is better to improve our own learning than pushing others to learn about BTC.