I've noticed that very few people truly understand Bitcoin or see what I see in it. I've always wondered why it's so hard for people to grasp the essence of Bitcoin.
I have a version of this, a person experience from a complete ignorant elite of the society and yeah, I’m speaking locally.
Now this guy didn’t have no idea what so ever Bitcoin was and questioned on, what sort of currency Bitcoin was and that it was fraud as a currency can’t exist on the web. He showed a lot of confidence and seriousness in what he was saying and you just know it’s way too difficult to tell him otherwise.
Why is that?
Well, it’s because Bitcoin violates all principles of money that they are used to. They are used to having a central bank print this paper money and back them for a means of doing business and with Bitcoin, there isn’t anything like that, it’s actually a currency on the web with a consensus of all who use it to back it.
They just wouldn’t understand it because they aren’t ready to make the shift.