Netherlands: What is Bitcoin? We Don’t Really Know

The learning curve for Bitcoin is higher for some than it is for others. As I reported previously, Great Britain has seen knowledge of Bitcoin more than double since June of 2013, to over 70%. In the Netherlands, it seems safe to say that they are still behind the times when it comes to digital currency and what it is, what it means, and what it can do.

Netherlands: What is Bitcoin?

Produced by CleverCoin, the video takes a walk down the city of Breda in The Netherlands to get a “Man on the street” survey of people’s thoughts, understanding, and interests in Bitcoin. Suffice it to say if the people in the country haven’t heard of or used Bitcoin, they aren’t using CleverCoin, either. Forty people were spoken to, and the responses ran the gamut. Around 50% have heard of Bitcoin, but the amount of understanding about it in the Netherlands is poor, to say the least. Here are some of unique ones:

“It’s sort of an Internet currency without intrinsic value.”

“I think (Bitcoins) are the part that make the computer work.”

“They (Bitcoins) went bust; I think.”

“It is quite useful to buy illegal stuff.”

“Everyone gives me a different explanation and that’s why it is still unclear to me.”

It is obvious that this market is wide open for anyone to begin Bitcoin training, groups, exchanges, seminars, Bitcoin Embassies, and so on. There is plenty of opportunities for business-minded individuals to bring Bitcoin to the masses in countries all over the world. Just because you are in an area where there is widespread Internet usage doesn’t mean that everyone knows what Bitcoin is, or doesn’t want to learn more, and start investing. So if you are in this area, take your education, hopefully from this website, and start something. Spread the word.

What is the best way to get the country started learning and getting educated about Bitcoin? Share above and comment below.

Image from Wikimedia Commons.

Last modified: July 13, 2020 3:19 AM UTC

November 23, 2014 5:43 PM UTC
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Evander Smart @EvanderSmart

Evander Smart wants to get you talking, get you thinking, get you learning about Bitcoin, "The Future of Money". He has two Bitcoin video training courses on called "Bitcoin for Beginners". Go to to get the latest on Evander and the latest Bitcoin news.