Iirc, in 2011, I knew the meme "all computer systems can be hacked" and I didn't bother to look into why that did not apply to bitcoin. Excessive reliance on heuristics can be devastating on edge cases. 2013, I was very excited about bitcoin, but was living under the credit of others as a college student with no savings of my own to invest or income, and I recall seeing that the software to make a GPU connect to my MacBook Air Ethernet port might be tricky. Only got in in 2017

For a moment I thought it would not scale and be bad for the environment and it would not have value because anyone could copy it and create more blockchains. 😂

It sounded like a scam lol was my first reaction

Did not get the main idea for many months. Then cam a big crash at the end of 2017 and I thought it was just a big scam and someone made a lot of money. The years passed and I heard and read about btc again. I was like, what the hell it is still existing ? I invested first where I made money but still did not really understand. Later on by patient studying I got the point. Since then I did not traded, jut hodl.

too hard to get

That one time i won a 4th place..

I tought it was some kind of a scam, didn't bother to dig deeper and understand it. That was expensive lesson.

I'm not sure what year it was, but it was around 2012 that I was robbed by a mining pool and I gave up. I came back in 2018/2019. not your keys not your coins

My sisters husband told me about bitcoin in 2011. He mentioned a huge rise to $100 & then a crash to $30. Something like that.

Unfortunately I just wasn't interested. I was getting married & was focused on music (jazz in particular). I didn't hear about it again till 2017.

Because I didn't hear about it.

In 2010 or 2011 I read about bitcoin and discussed it with a friend (and wrote my first blog post about it).

We concluded that blocks would fill up and then it would become unmanageable.

Also: who determines the value of one ₿?

It was until 2015 that I started understanding 😥

I thought it was too technical for me and also didn't want to get scammed was not enough educational material in 2011 also I was a drifter no purpose just party n work into distractions

That's interesting.

With me, the main obstacle was I hadn't studied enough computing related terms. I mean, in hindsight it seems easy to compile a program from a git repository, to understand the principles of bitcoin mining, I just remember it all seeming overwhelming, I was probably a bit late for cpu mining but also couldn't find any notable exchange. Guess you also get side-tracked when you are employed full-time and you're not learning anything useful. It took about 4 years to get there!

My only point of reference was consumer tech startups. All I could see was bad UX, slow transactions. Took far too long to understand the fundamental principles that make it valuable.

I was a web dev at the time and did lots of database work - I believed there was no possible way to have a distributed, immutable database (it defied everything I thought I knew).

because I'm an idiot and was busy chasing girls.

EDIT: also f***ing MSM made me believe it was for scammers. I was already very skeptical and never watched MSM, but I should have been wary of my dumb friends and people on social media and reddit, who themselves echo what the MSM says.

BTW, f*** MSM

Haha co-worker was mining litecoin in his apartment back in 2013. He was an introverted nerd of sorts and I thought this was the craziest thing I ever heard. He eventually stopped and sold all of his GPUs because it wasn’t profitable.

Then I didn’t hear about bitcoin until 2017

I ignored bitcoin because I was afraid of investing in something new and didn't want to give out my only few rands and then lose it. Well, after I started reading and learning about bitcoin, what it represents and why it is such an adoptable and important asset to own today. Made me change my view of what bitcoin truly is and what it can do for me. Today I'm still unemployed and honestly, I have no money in my pocket or bank. Today as I am, I invest TIME into bitcoin. Who knows, some day this will pay off and I'd be more than just great full for the support and lessons I learn in the run. I hope that more people here in my country start using bitcoin as their Main payment. When I withdraw money from my bank, I pay really high withdrawal fees as with bitcoin, I withdraw from a site or platform where I earn sat, there is no fees, no unseen fees and I don't have to wait for any reason. Bitcoin is truly our future regarding finance.

I thought it was gambling and I don't gamble.

A Bitcoin obituary headline after the MtGox collapse. I didn't bother to research it further until late 2020.

Because of the complexity. Lightning network also helped a lot, by simplifying Bitcoin and increasing its general use (for everybody).

Congratulations on overcoming the language barrier! Nothing wrong with your English now.

I'd wager a large majority of people here haven't had that added obstacle on their Bitcoin journeys.

Mine was in 2016 when I was still I'm college, and my friend was getting paid Bitcoin to view some ads, the reason I didn't do it back then was because you had to pay $80 as an entry fee and I didn't have a dime. Mine was ignorance, and I didn't take the time to study it.

I didn't know anything about the history of money. And frankly, I didn't care at the time.

Never ignored it. Simply forgot about it.

Opened an account with coinbase back in 2013 to buy btc. But being a kid I didn't have a credit card, so It was just "too hard" to buy some and then life happened.

I heard Andreas Antonopoulos talk about it on JRE and wasn't sold. Remember at one point he said people shouldn't buy just to hodl, but to use it. Figured why would I do that? Dollar is way easier to use.

Assumed it was just another asset class, another investment thing. Had other things in life I thought was more important. Not enough curiosity or free time to study it.

it’s only used by nerds, criminals FUD…

class of 2021.

price we deserve 😂

Don't know about it!

im here to farm sats