Somehow they managed to trust in an experiment - juggernaut standing on 2 thin matches and wobbling from fall to collapse for the last 50 years called "fiat money" AKA paper backed by nothing. The only thing they needed was "bread and circuses".

"We don't need our gold ... just give us piece of paper, its better because its much easier to use... It doesn't matter it lose 97% of purchasing power per 100 year" - that's their attitude.

The question is not about the trust but about the collapse of current system. Thats the only way to shake majority and open their eyes on how modern monetary system changed them into slaves and called them "middle class" with 200$ in wallet and 30 year mortgage on "starter home".

Do you think it is the last time that a coin (like Luna and FTT) would fall greatly to the extent someone's millions of dollars would become nothing again. It is not also the last time you will think a stable coin (like that pegged with dollar like UST) would fall out of peg and decreased more than expected. Which means even if anyone trust cryptocurrencies, there are still many bad days to come.

Some people may want to invest, but do not know the research to do to know the right coins and tokens. I have a brother that I did not know he has lost a lot because he invested in many fake (not even failed but fake) projects and he continued to lose. When I saw him after many years, he told me about it and how he can never invest in any coin or token again.

I will advice people, especially the newbies to just still trust in bitcoin.

As I live in Africa, here we won't see this type of measure so soon, maybe they can implement it in 10 or 15 years, and knowing that the level of development is very slow, it might even take more than 15 years. Europe is a developed continent, but I still think it is very risky to eliminate paper money, there are many situations in which paper money is very advantageous, I particularly prefer using paper money than card


the truth is that the privacy that many people dreamed of getting with cryptocurrencies is just a dream, look at it now: exchanges ask for KYC, cryptocurrency casinos ask for KYC, to buy cryptocurrencies using bank account you need to go through a long process such as : go to the bank to deposit money ( they ask for documents ) + look for good and reliable exchanges and another headache + then you have to do KYC at the exchange ( deliver ID, deliver residence declaration + take selfie holding ID ) + then finally comes time to compare bitcoin if you are faced with a high fee, even here you might think that the headache is over, but after you receive the money in your account and you realize that there is much less than what you expected, all because exchanges have a hidden fee, so you are left with more headache

I ask you: where is the privacy? we no longer have privacy

even if you buy bitcoin with a friend, on the day you want to withdraw to the bank you will need to do KYC on the exchange, if you use a casino and you win a lot you will have to do KYC, we are moving towards KYC, there is no future in anonymity or privacy

It will come that the majority of people will know about it. Just give it time and there's no competition about it, with the help of social media spreading the word about bitcoin will be easier.
Chatgpt got 100 million users within a few months of knowing it and with bitcoin, it would be more but does it really matter when it's quite established already? The biggest financial institutions are already aware of it and people like you and me are already aware of it. There's no hurry on having most people on board and they'll just come eventually and the numbers will increase over time.

You are right. People should be careful when it comes to trying new things. And especially, they need to do research. Not spend all of their money on something just because it's popular.
Also about some coins that made a big fall: the same happens in Forex or other regular exchanges. Companies come and go, sometimes they go bankrupt.

But I also see here a chance for people from all over the world to earn money in crypto - a legit way. And it would be good if they could spend this money in their country. The one thing that is needed is good education about what crypto is and what possibilities come with it.

I have a different suggestion: ask the same people if they can explain (fiat) money to you. Even better if you start: please explain where money comes from. Most people have no idea how it really works, but strongly oppose and even deny reality.

To quote Henry Ford:

Understanding Bitcoin is much easier

This is so true, unfortunately! I more and more believe "debts" are mostly used as a means to make someone else richer. It doesn't mean you get a house, it means someone else gets more money for the house you bought. We should only have debts to produce something new, not to increase existing prices.

These things already happen in Europe. In my country, the government is trying to get people to get rid of paper money, by adding higher fees to their credit cards. Eg. you need to make at least 5 transactions per month using a credit card; if not, you will pay a higher fee. I even heard about situations that have place in Sweden (if I am not mistaken) when the government sees where families with children spend their money. And if they saw there were a lot of transactions for alcohol, they sent a child care worker, to see what the situation was at their home. And it all leads to it. My big concern is the fact that not many people realize that.


Here, I don't agree with you. I would say our privacy is limited, BUT - if you do your best, you can hide some of your actions and remind anonymus. Pay in cash, don't share your location with Google, and use a VPN, for example. When it comes to money that comes from crypto, I can only refer to how it is here, where I live. From the money that I earn in exchanges and there is KYC, I need to pay tax. But if I have some other money, that is not related to my (aidrops or exchanges that don't require KYC) I can withdraw this at an ATM. Some amount of money, like 1,000 euros per transaction and 15,000 euros per person per day and this is without KYC. And its up to me if I will reveal the money.

The biggest difference of young with older people is, the young one has access to any information where you can get any news and stories worldwide just from your device. Mostly people know about bitcoin because of its ATH record, when every news station in all countries mentioned bitcoin every day, and then some big names decided to join the train to invest in crypto. It's a thing that older people don't care, which they only just want to enjoy their retirements.

Talking about trust in cryptocurrency, Switzerland and some countries already take a further step for that. It takes time, but mass adoption is not an impossible thing.

Sooner or later, people around you will eventually be curious about it once they witness the difference in our lives after learning about crypto-currency.

Last month, my friend said he regrets that he laughed when some of our friends talked about me and that I'm busy learning or accomplishing something in crypto-currency. He thought I was wasting my time because, in the last few years, the name of bitcoin and other crypto-currency is constantly involved in the scam in Facebook page groups.

Much depends on the country in which you live and it is important whether the government and the banking sector are loyal to the cryptocurrency. The recognition of the cryptocurrency should come from the enthusiasts themselves who will create projects and various startups in your country,then more people will learn about the mechanisms and terminology of the cryptocurrency itself.Just like that people won't know unless there are more mentions in the local news.