Hi, today I met my friend from senior high school. When i told him about bitcoin, he said that he was a victim of bitcoin.
So I asked him, when did he know about bitcoin? He said, he joined to this crypto space when the bitcoin price hit around $14,000. Since then, he never interested anymore with bitcoin.
IMO, no matter how simple/complex you educate people about bitcoin, if it give them bad impression, they will think it is a scam. Mostly when you try to educate conservative people.
So, i think its better to educate people about the blockchain even bitcoin is easier to explain.
At least we need to provide proper portion for blockchain explanation.
Bitcoin left an impression here locally when it reached ATH. Scammers took advantage of Bitcoins' popularity back then and established different kinds of investments here and there, with Bitcoin as their main product since they use it to convince people. After a few months, different claims and cases are in the news, and of course Bitcoin as the headline. I've noticed different establishments who use Bitcoin as one of their mode of payment that time but after that, they disappeared. They probably don't want to be associated with Bitcoin anymore since the negativity is everywhere.
Two years ago, it was very easy to convince anyone and join Bitcoin but now, it is not an easy thing to do.