I think they haven't fully understand how this Bitcoin works and that some people know it may invested their time to learn it. Some are they share what they learn about bitcoin, not only bitcoin but different coins also. Some people invested their time learning and these people are interested about what are cryptos are.

I don't think there is a problem there. It's just better if these coins get their attention and try to study this type of coin.

Education is provided with compliance to government’s policies and rules and regulations. You should be shocked to know that, in many countries Bitcoins aren’t legalised yet. This is the main reason that why Bitcoins aren’t taught correctly to the people. We can’t blame the government also, as government likes to control and regulate all the assets, but Bitcoin’s decentralised nature prevents Bitcoins to be controlled. A person if wants to learn about Bitcoin, then he can do it through any source. So yes we don’t have proper education on cryptocurrencies, but we can learn if we make our willpower strong.

Time will solve this problem.

Most of the time, even who learned about Bitcoin has a lot of misconceptions.  This will only be solved slowly in time.  Newborns of today will learn faster.  To us this is new technology so we have a harder time learning.

I do not think there are other solutions.  We try to solve this issue here but even Bitcoin Talk is filled with users with misconceptions.

Bitcoin doesn't really have a proper education in a lot of countries so it just depends on people's experience, and what they think about it, or could also be from gossip.

I think the best way is to promote and adopt Bitcoin, the more we promote Bitcoin the more people because curious about it and if we start to adopt Bitcoin a lot of people will be interested in using Bitcoin as well. If that happened they will have their own research about it, if they have a bad perception of Bitcoin it might change in the long run if they started using Bitcoin.

What is the urgency of teaching Bitcoin to the masses? Since you mention third-world countries, does Bitcoin comprehension are better than basic subjects like, reading, writing, and arithmetic?

Specifically to those who have misconceptions, someone better to let them know, and fight it if it goes into FUD, like those who advocate Bitcoin switching to PoS. Also, still in the context of third-world countries, don't you think the ones who misconception are also lacking a good education? My point is, essential education subjects are still lacking in many parts of the world, go around looking at PISA or OECD, so Bitcoin is out of the option when we talk about education urgencies.

This is more likely a personal problem rather than a society problem. There are various guides on the internet available and if you think it's not enough, then you aren't supposed to be in this industry. It's like me not searching for how to play guitar and then calling out that it's a difficult intrusment to play without any guidance available worldwide.

I respect your personal opinion however you are challenging a fact in this thread. Even a simple ChatGPT prompt: "Hi, list me 10 best resources for understanding Bitcoin" will be more than enough.

Here you go with 5 of them as of now:

1. Bitcoin.org: The official website of Bitcoin, containing the white paper, documentation, and other resources for understanding Bitcoin.
2. The Bitcoin Standard by Saifedean Ammous: A popular book that explores the economic principles behind Bitcoin and its potential as a currency.
3. The Internet of Money by Andreas Antonopoulos: A collection of talks by Bitcoin expert Andreas Antonopoulos that explores the potential of Bitcoin and blockchain technology.
4. Bitcoin Wiki: A comprehensive resource for understanding the technical details of Bitcoin and its underlying technology, blockchain.
5. The Bitcoin Podcast: A weekly podcast that covers news, developments, and discussions related to Bitcoin and cryptocurrency.

Hope it's good enough for you.

The problem is the education but the leaders with their policies, if the leaders adopt bitcoin and also accept not to be taught in the education system then things will be easy for the upcoming generation to understand. Even as that you can still gather some faithful ones to be teaching if only they are ready to learn.

Let me start from the family level, if there are five members in the family, it will be one or two that would fully understand bitcoin and Invest on it all the rest would be passerby on bitcoin. That also applied to the larger society.

This could be a proven fact if this happen to be posted in Bitcoin's earlier years.  People are getting the hang of what Bitcoin is.  With many online courses and lots of articles that talk about Bitcoin, I believe people who understand Bitcoin aren't that few anymore.

 

I do not think that it is the misconception that prevents people from investing to Bitcoin but the lack of extra funds to buy Bitcoin.  As a matter of fact, I think the majority of Bitcoin investors are swayed by misconception, the reason why many of these so-called misguided investors suffered losses.


People's life and nation's economy will go on and continue to strive with or without Bitcoin, so I do not think that it is not a big deal if a person doesn't involve themselves in cryptocurrency.


If we wanted Bitcoin to promulgate, the only solution is to promote Bitcoin, encourage the government to accept Bitcoin and authorize the use of Bitcoin legally.  Adoption is always faster when the government is involved.

Exactly like you said there's nowhere in the world including the early industrialized world that understood what bitcoin is and what it's trying to solve, but it's simple to explain.  In the richer world "Europe/North America/Australia" there is no need to look for other financial methods because people are all right.  While unfortunately in very poor countries there is a low illiteracy rate, therefore they do not have enough possibilities to understand.  Those countries remain where there is oppression given by the government or by dictatorships and those countries will be the first to silently adopt bitcoin.  You see the problem resolves itself when the need arises.

Information is essential today, and without a proper means of disseminating this information, less informed countries, such as third-world countries that have yet to fully adopt and utilize technology, will never receive it correctly. Bitcoin is a new technology in the world today; it is still in its early stages of adoption; third-world countries missing out on it now is not a problem, but it will eventually reach and be adopted there as well.


This has to do with the illiteracy level in your country. Having such a large percentage of people in your country haven not heard about bitcoin is surprisingly. Maybe the technology in your country is still in its infancy age and your people don’t really want to get involved.