Post
Topic
Board Bitcoin Discussion
Re: The general public still doesn't understand Bitcoin is still growing
by
Fiatless
on 01/01/2024, 14:15:33 UTC
How do we educate people that Bitcoin is a continuously growing global currency that is still in its early staged and each big boom and crash is just its early growing pains? Its just crazy to me that people see Bitcoin becoming more and more valuable and its much much more valuable than the few thousand dollars it was worth when they likely first heard about it in 2017 and yeah they all think it was just a bubble that has passed and they missed out and there's no reason in paying attention to it or owning it now. And then of course they'll be surprised in 2024/2025 when they start hearing about Bitcoin again but then by 2026 when the next bear market hits they'll forget all about the past market cycles and go back to thinking oh it was a bubble and is now dead.
The internet has a lot of material about Bitcoin for anyone who cares to invest in the sector. That is why we are encouraged to do our research. Most of the books that have been written are authored by humans that has emotions and limitations. Some of these authors are sponsored by forces that are against Bitcoin to right rubbish about the sector. Others claim to be crypto experts when they know nothing about the industry. We just have the responsibility of educating people who are interested in Bitcoin but they have the responsibility to do their research.

And what they saw with FTX was the market crash and not Bitcoin or even the altcoins. Maybe later, there will be a market that experiences something similar, and they will also think the same thing. We can't educate them if we don't want to learn the truth. So leave them like that until they really realize it.
FTX case was a collapse of a firm and not a crash of the crypto market. The company was managed by a group of inexperienced individuals who misused the money of investors. It was nothing but a clear scam case and has nothing to do with the crypto market