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    Home » How people's attitudes to Bitcoin change – 5 stages of cryptocurrency perception

    How people's attitudes to Bitcoin change – 5 stages of cryptocurrency perception

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    By BlockchainJournal on July 15, 2019 News
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    How people's attitudes to Bitcoin change – 5 stages of cryptocurrency perception

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    Bitcoin , like the rest of the cryptocurrency market, is more than just an industry. For some, this is a new trend, for others – a challenge to the existing way of the world, for others – what this industry is in essence is: a decentralized market, focused on confidentiality and changing the current financial imbalance.

    Bitcoin has its supporters, for example, Grayscale Investments CEO Barry Silbert, who recently launched the #DropGold campaign . Within its framework, he tries to convince to use bitcoin instead of gold.

    In addition, he formulated for the community a five-step plan for the evolution of attitudes toward Bitcoin. It includes: denial, skepticism, interest, trust, and finally, becoming a bitcoin evangelist.

    Stage 1: Denial

    According to Silbert, people who fall into this category have “ heard about Bitcoin, but are confident that the idea itself is stupid ” . These are skeptics who claimed that Bitcoin is just a bubble, which will not end with anything good. Meanwhile, the rise in Bitcoin prices to the level of $ 12,000 clearly indicates the opposite.

    Stage 2: Skepticism

    At the next stage are skeptics who have “visited behind the scenes”, but are still confident that this system will not work.

    Stage 3: Interest

    This is where the situation begins to change. At this stage, skeptics are starting to think about why the big players are entering cryptospace.

    They wonder why Jack Dorsey and Michael Novograc became interested in this topic.

    Stage 4: Trust

    Barry Silbert believes that most people cryptocurrency ecosystems fall into this category. They are convinced that Bitcoin will reach the "Moon" and defend their point of view in spite of everything, like a mighty titan from ancient Greek mythology Atlas, supporting the pillars of the sky.

    Step 5: Bitcoin Evangelist

    In the end, we come to the fifth level of a bitcoin evangelist. Silbert has an excellent characteristic of this stratum of community:

    “This is the few layers of people who seek to spread ideas and“ preaching ”about Bitcoin. They are the ones who tirelessly talk about the world's largest digital asset. ”

    Publication date 07/15/2019
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