Post
Topic
Board Bitcoin Discussion
Re: People Are Not Nerdy Enough
by
YUriy1991
on 17/09/2023, 03:53:23 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?

The long term results are still unknown but BTC is becoming increasingly popular in some places and for the future they are here to stay and will likely thrive.

To be known. Of course, people's obsessions are different. Learning BTC is a must. However, if the main thing is just trading, that's the number 2 thing that is true. Most of those who have entered the market are a bit frustrated seeing the value of their assets continuing to decrease after the last big correction and having to wait for the market to return to normal and look for additional funds to buy back, if any. if not the most Hodl with patience that people will suggest and this happens thousands of times every day.