RE: India: Lack Of Awareness Around Cryptocurrencies
There is indeed a lack of knowledge of crytocurrency, but I don't expect people to know about it either. At its core, India is still far from being a developed country. But the progress we are making is not a slow one either.
Almost every job position that I have interviewed for, required me to have at least a basic knowledge of what crypto is and how it works. There are new IT businesses rising all the time.
We are far, I admit, but we're getting there. The reason we're not "there yet" is because we still have bigger problems to deal that we haven't solved yet like poverty, income inequality, corruption and cultural division.
You can't really expect people of a country to know about something as new as crypto when there are literally millions of people out there who still don't have a roof over their heads and food to eat.
It'll take time, but if we can educate the youth and lead them a right direction, the potential we can gather is pretty massive.
I agree, there is a HUGE division between people who know and understand, and those who resist and seek solace in ignorance. Interestingly, this rift cuts right through levels of advanced education. What I don't see, though, is how this is related to poverty and inequality in income. Look at the US: they don't even want to resolve their economic, cultural, racial, religious, etc. divisions, ye in the right pockets of society (such as the IT sector) all this doesn't seem to factor in. Or look at China: supposedly all communist, but with gigantic differences in income, and they aren't trying to resolve any of it either. Still, the technological advances seem to be unaffected by this. The people who are might as well be living on a different planet.
True that!