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[AudraMiller]

With cryptocurrencies becoming more and more prominent it is necessary to ensure that the people are aware of the currency and understanding the working behind popular currencies like bitcoin. This will increase their confidence in the coin and will also increase the investment into it as well, causing coin price growth. Square has a fund that is known as the Bitcoin Endowment fund, which they have put five million dollars into. This fund is focused on educating people on bitcoin. What are your thoughts on this?

 

[Niftyicon]

Square is performing a noble deed by educating people about bitcoin and the crypto world. They aren't just investors but also advocates of bitcoin.

 

[microunit]

I just hope that the information they put is well placed and also hope that it will reach alot of people, Though would kinda expect that there would still be people who would still be ignorant with crypto

 

[Brain]

It seems a lot of companies are into putting down money to educate people on bitcoin. I have read same about another company last two days. It is all good for the network

 

[microunit]

It seems a lot of companies are into putting down money to educate people on bitcoin. I have read same about another company last two days. It is all good for the network

Well the more people made aware or educated with bitcoin or cryptocurrencies the more people who will use it maybe that's what they think

 

[Brain]

Well the more people made aware or educated with bitcoin or cryptocurrencies the more people who will use it maybe that's what they think

That'should be the whole essence bro. Putting money down for some education for Bitcoin means just one thing creating the necessary awareness for everyone

 

[Wisdom01]

Good they are investing on education plan , because through that extent more users would want to put interest in bitcoin and the development too

 

[microunit]

That'should be the whole essence bro. Putting money down for some education for Bitcoin means just one thing creating the necessary awareness for everyone

Yeah , as i think some people are skeptical to use Bitcoin because they are scared of the volatilities and that because they lack the knowledge

 

[Razor1911]

Yeah , as i think some people are skeptical to use Bitcoin because they are scared of the volatilities and that because they lack the knowledge

Actually it is very inconvenient to use Bitcoin for larger purpose specially for businesses. The investors will rather prefer to use stablecoins instead of Bitcoin.

 

[Wisdom01]

Yeah , as i think some people are skeptical to use Bitcoin because they are scared of the volatilities and that because they lack the knowledge

They should not be scared of the volatility involved without the volatility , it's not possible for them to earn ,they should just see it as an advantage

 

[lavishman]

Very nice, sharing knowledge of something that has huge future potential is important to avoid and prevent people to adopt it better. Sounds great :)

 

[Brain]

They should not be scared of the volatility involved without the volatility , it's not possible for them to earn ,they should just see it as an advantage

You are right a lot of people I know that try to trade a bit in bitcoin have left it because of this same high risk. Investing in Bitcoin isn't easy at all for some people

 

[microunit]

Actually it is very inconvenient to use Bitcoin for larger purpose specially for businesses. The investors will rather prefer to use stablecoins instead of Bitcoin.

Yeah i think so too, as for businesses losing money due to volatilities is not really good for them that's why stable coins are much preferred by them to use