The average person doesn't get Bitcoin, but it's not entirely their fault

The average person doesn't get Bitcoin, but it's not entirely their fault

By LeftFooted | bitcoinea | 2 Apr 2024


Bitcoin is not particularly easy to understand, or explain, for that matter.


In my experience, the best way to understand it is to live with it. Live through the ups and downs, crashes and bull runs.


And we have to remember that the average person still listens to, and essentially trusts, the legacy media.


Legacy media outlets, either due to incompetence or malice, often get it very wrong when it comes to Bitcoin.


They have opinions that are debatable, and sometimes other opinions that are just downright wrong.


They often say stupid things, too. Again either because they don't get it, or they act like they don't.


In the last few weeks, we've heard an Italian media outlet talking about the 'ALVIN' (they spelt it like that), a French news channel claiming that the halving is, and I'm quoting, "an event during which the price of Bitcoin is cut in half to stimulate demand" and, my personal favourite, Jamie Dimon saying, again this is a quote, he'd "shut down Bitcoin."


The point is, when you know all that, we can't really be surprised when people are confused, or say stuff that's just plain wrong, or dumb.


It takes time and patience, and if you can't muster that, then let's just ignore the stupid comments. That works, too.    

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


bitcoinea
bitcoinea

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