A advise to my friend about his decision - page 2.

Quidat

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Quote from: SOKO-DEKE on August 08, 2023, 05:04:59 PM

Being ignorant is not a good thing because it makes many people lose great opportunities that will definitely change their lives, like what the OP's friend was trying to do. Assuming that the OP was not there to guide his friends, his friend may have lost the opportunity. I am seriously surprised that there are still some people who are educated but don't really know about Bitcoin, especially in this world of advancement of technology. Seriously, a lot of people are lack behind with the advancement of technology.

Seriously, your friend's father has done a great thing by keeping some valuable amounts of Bitcoin for his son to inherit, but his father made a mistake by not encouraging his son to know about Bitcoin when he knew he wanted his son to inherit Bitcoin after he passed away. His father should have encouraged your friend to have some basic knowledge about Bitcoin, despite the fact that he doesn't want him to know about what he wants him to inherit, because if not for his father's good layer and Op's also a good friend, it would be a scam because he knows nothing about Bitcoin or lost the access to it.

We know that not all people would really be having knowledge into particular things on which it would really be just that normal that your friend would be able to miss out on what Bitcoin or crypto is.
Good thing the he has a friend like you on which who do really knows about Bitcoin and able to tell him about on what it is and does really have that value which he could really make use of on buying up something that he do wants but of course it would really be depending on the amount on his father was able to give out because if its really just that small then its something that you can buy on the things you do like or want. Not all people of the world would really be that knowledgeable or been wary about on Bitcoins existence and this is why you would really be seeing something similar like this.

Stable090

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Quote from: Finestream on August 08, 2023, 04:57:46 PM

I’m just quite confused if he has never actually heard about bitcoin in all his life when the world is actually hunger about it.

It’s possible because I know some people that haven’t heard about bitcoin before, in my country if you visit some rural areas, their are lots of people their that know nothing about bitcoin, and if you really want to introduce some of them to bitcoin, they will think you are planning to scam them or something like that, and some of them that have heard about bitcoin before don’t still know what bitcoin is all about, they believe bitcoin is being used to scam, so if you want to tell them about bitcoin, they will tag you as a scammer, so most of them don’t really want to invest in bitcoin.

SOKO-DEKE

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Being ignorant is not a good thing because it makes many people lose great opportunities that will definitely change their lives, like what the OP's friend was trying to do. Assuming that the OP was not there to guide his friends, his friend may have lost the opportunity. I am seriously surprised that there are still some people who are educated but don't really know about Bitcoin, especially in this world of advancement of technology. Seriously, a lot of people are lack behind with the advancement of technology.

Seriously, your friend's father has done a great thing by keeping some valuable amounts of Bitcoin for his son to inherit, but his father made a mistake by not encouraging his son to know about Bitcoin when he knew he wanted his son to inherit Bitcoin after he passed away. His father should have encouraged your friend to have some basic knowledge about Bitcoin, despite the fact that he doesn't want him to know about what he wants him to inherit, because if not for his father's good layer and Op's also a good friend, it would be a scam because he knows nothing about Bitcoin or lost the access to it.

Finestream

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I’m just quite confused if he has never actually heard about bitcoin in all his life when the world is actually hunger about it. However, it’s nice that he has you as your friend that knows actually the value of bitcoin. For now, help him to learn about bitcoin by informing him about the basics on how to keep his bitcoin storage safe.

lalabotax

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Quote from: Egii Nna on August 06, 2023, 03:51:41 AM

Many people lack basic knowledge of bitcoins.
As a result, he tried to reject the inheritance and was spared from having to argue with the lawyer who was reading the deceased father's will, which was being read aloud. Why wouldn't someone, he insisted, give him some houses and perhaps some cash so he could launch a new business?

It's just the way it is, when we don't understand something, then it becomes something that seems useless to us. Even more so regarding Bitcoin, where many people are still unfamiliar with this. Or if they know, they think that Bitcoin is nonsense, because it is intangible and only a digital product. Luckily your friend has you who wants to tell and teach him to understand better about Bitcoin. Even though it might not be an easy step, at least you help him to know about Bitcoin, its various benefits and also don't forget to mention some of the possible risks that may occur.

Quote from: tbct_mt2 on August 06, 2023, 04:04:27 AM

You are newbie and want to teach your friend. Are you knowledgeable enough to teach your friend?

I doubt any newbiew can teach about Bitcoin and when you are learning, you must be more careful with your words in conversation as if you make mistakes in knowledge, security advice, you don't help your friend but do something harmful.

There's nothing wrong with a newbie on a forum teaching others about Bitcoin. No one really knows if he is really still a newbie or has been in the crypto world for a long time but has just registered and has become a newbie rank here. but it is true with your next sentence that caution is needed in conveying information related to Bitcoin. Don't miss information or perceptions that cause his friends to misunderstand.

Kasabus

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Quote from: serjent05 on August 06, 2023, 05:00:45 PM

Nice work there @OP on calming down your friend. There are always people who are hot-headed and gut infuriated when they received the one they are not expecting. In this case @OP's friend receive Bitcoin and since that is not in the option of the thing he thinks he will receive and with lacking knowledge, the guy throws a tantrum, lol. Due to being furious the guy lost the essense of reasoning and think that receiving Bitcoin(due to lack of understanding of what Bitcoin is) means he get nothing.

True. It’s a good thing too somehow that his friend is not aware about the value of bitcoin because if he knew it from the start, he must have sell it after he received it knowing all he want is money or a big property. But thanks to you OP as you were there to enlighten him and instead encourage him to educate about bitcoin. At least for now, hodling the bitcoin at a non-custodial wallet would be the best option.

bussybuddy

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You are talking about a rather interesting situation. There could be many reasons why the son was unaware of his father's crypto interest. Maybe it's because they're not very close, or maybe the father doesn't share this information with his son. In some cases, people may not be too familiar with the concept of cryptocurrency so they don't talk much about it.

While cryptocurrencies have great potential, managing it is not easy. The dramatic volatility of prices and the complexity of the market can make it difficult to decide what to do with legacy bitcoins. The son may be faced with the decision to hold long to capitalize on potential growth, or sell in the future when prices are better.

Victorik

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Like the saying goes " when the purpose of a thing is not known, abuse is inevitable".
Your friend lack knowledge about Bitcoin, and now he is furious that his father left him with BTC as his inheritance.
Well, if care is not taken, I am sure with the little knowledge he may have gotten from you, he may end up selling it off, because he really do not know the value of what he has been bequeathed.

bayu7adi

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In this digital age, why doesn't your friend simply resort to a Google search using the keywords "What is Bitcoin?" This would essentially provide them with a comprehensive overview of the profound value held by this cryptocurrency. The legacy passed down from parents is undoubtedly a sacred matter, yet it seems implausible for a child ready to inherit such legacy to remain unfamiliar with the vast expanse of the internet.

However, if your narrative holds true, I sincerely hope you serve as a beacon of guidance for your friend, steering them towards the correct path in managing the Bitcoin inheritance bestowed upon them by their father.

MFahad

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according to my experience if parents are doing some business then their children are already familiar with that opportunity. Your friend's father done one mistakes that without giving him knowledge he directly place bitcoin in front of him so without knowledge it's obvious that he will not accept it easily.

Bitcoin is gaining attention of people now but who knows that what will be its value in coming years so this point should be keep in mind before giving bitcoin to child. I think giving property or houses will be a beneficial options if someone wants a luxurious coming years for his offspring's.

yazher

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What a lucky friend you have right there and a good father as well based on your story. He just needs to appreciate what his father left him since that was not a bad thing to have because all he needs to do is to search for his father's will and it could be leading him to some appreciation of bitcoins as well because he will gonna research it well and learn more about it in the process he will gonna become one of the fans of bitcoins because of his father.

Rabata

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Quote from: Egii Nna on August 06, 2023, 03:51:41 AM

Many people lack basic knowledge of bitcoins.
I became interested in this topic when I learned that a friend of mine was so ignorant of bitcoin that he recently received bitcoins from his father, but he had no idea what to do with them. As a result, he tried to reject the inheritance and was spared from having to argue with the lawyer who was reading the deceased father's will, which was being read aloud. Why wouldn't someone, he insisted, give him some houses and perhaps some cash so he could launch a new business?

But while his father decided to give him bitcoins, my friend was furious and even left the house because he believed his late father had given him some money out of hate for him. When my friend came to my house to tell me the story, I encouraged him to collect the coins and learn more about bitcoins, and he was furious to listen to me until I started the show and started explaining it to him. At that point, he was happy and walked back.

When we don't know about something we can't value it. Your friend who did such a thing may have been very angry without realizing it, but when he realized how valuable bitcoins are, he let his anger and became even more grateful to that father in the future. If the friend's father had given him some idea in advance, this situation might not have arisen. Because of that friend's ignorance, he could have lost that bitcoin. Above all we all should acquire some technological knowledge so that later we get basic idea about any good technological thing.

danskgraes

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Wow, that's quite a story! It just goes to show how essential it is for people to educate themselves about cryptocurrencies like Bitcoin. It's like inheriting a puzzle without knowing how to piece it together. Glad your friend eventually saw the light!

bangjoe

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is he a person who does not play in the world of the internet or social media.? until when he heard that he had inherited from his father a number of bitcoins he became angry and seemed to think that it was worthless, it was really a pity that in the era of digitization he did not know bitcoin.
You help the OP so that he is aware of what is really going on here, maybe you need to guide him further, and I hope for you to give advice to your friend, to keep holding on to the bitcoins that he got from his father's legacy, at least until the halving comes or 2025 which is the 4th year of the bitcoin cycle, so he gets a fairly high selling price.
And it would be nice if you teach him how to invest long term in bitcoin.

Smack That Ace

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Quote from: Solokan on August 06, 2023, 11:07:14 PM

I think I want to laugh because I heard your story about your friend who was not happy when he inherited bitcoin, he should be grateful to be able to inherit bitcoin because if I personally wanted bitcoin I would have to buy it, but he got it from inheritance. but of course i forgive your friend, maybe because he doesn't know about btc and doesn't know the price of btc, but luckily you tell him about btc and tell him what is btc, and in this topic you become a meritorious person for telling him about btc . but it seems his father didn't tell him that his father invested in btc, so I think there is nothing wrong with investing in btc if you tell our children about it, and tell our children what btc is with the aim that there is no such incident in topic created by op .

That's because you already know what bitcoin is, its potential and value. But for those who have never known or only heard of but never learned about bitcoin, the fact that they do not need bitcoin is not too difficult to understand. But I agree with you that, when we invest in bitcoin, we should at least share that with our closest people. Don't hide it because without a lawyer our sudden departure will cause those bitcoins to disappear forever with us. That would be a shame because we invest in bitcoin for our children too, not just us.

Fuso.hp

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No matter how many bitcoins he has, those bitcoins are worthless to someone who doesn't have the slightest idea about bitcoins. Your friend's father had enough bitcoins so why didn't your friend's father discuss his bitcoins with his children. And when your friend's father gives bitcoin to your friend he still doesn't tell your friend about bitcoin but what is the reason?

Since your friend's father intended to pass bitcoins to his son, I think he must have discussed bitcoins with his son and how valuable bitcoins are as a digital currency, but you didn't mention anything about it.

Suppose If you can't ride a bike, will your father give you a bike?

I don't know how true the incident is but your friend's father should have discussed Bitcoin with your friend before giving him Bitcoin.

hyudien

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Quote from: tbct_mt2 on August 06, 2023, 04:04:27 AM

You are newbie and want to teach your friend. Are you knowledgeable enough to teach your friend?

I doubt any newbiew can teach about Bitcoin and when you are learning, you must be more careful with your words in conversation as if you make mistakes in knowledge, security advice, you don't help your friend but do something harmful.

If your friend inherites it from his father but wants to reject it, why should you engage in?

I am unsure how his dad can leave information about bitcoin private key, seed to your friend and how the lawyer engages in this case. It is risky to share private key in an inheritance document and leave it to a lawyer.

This story sounds fictious.

It's best not to focus on accounts that are beginners, they may have known Bitcoin for a long time and little by little have an overview of Bitcoin. So focus on the context the OP is talking about, or if you feel senior give more appropriate advice. There is no need to doubt one's intellect because here anyone is allowed to speak.

The important point is that OP was able to save the inherited bitcoin from being neglected, access to the wallet must have been prepared by his late father. When his friend still can't accept it because of a lack of information, but after being given an explanation and how important the value of Bitcoin is, everything can be resolved.

Have you ever heard of a save box in a bank that can be an alternative for someone who wants to save recovery seeds and the one who can receive the box is the heir. A lawyer is already professional so his father appointed a lawyer in this case, to hand over the legacy he left behind.

dothebeats

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Quote from: Texac on August 06, 2023, 11:37:47 PM

Quote from: romero121 on August 06, 2023, 06:26:18 PM

Quote from: SOKO-DEKE on August 06, 2023, 06:17:06 PM

Honestly, Bitcoin is not a new word to the world, and I believe that a lot of people should get aware of it, especially educated people who are using the internet, like social media, because hardly you get to one or two social media that you will not see the logo of Bitcoin people discussing the market price of Bitcoin, so I believe the Bitcoin name is painted all over social media and everywhere,but I will not be surprised if you say that your friend is ignorant of Bitcoin; it is possible.

It is not a new thing that people who are ignorant of Bitcoin are rejecting it and are not willing to learn about it. If your friend truly rejected bitcoin, I will say nothing that ignorance can't turn people into, so if someone is ignorant, it can be stupid with any decision it may make at that point of having no knowledge. I will say you have played a big role by enlightening your friend about Bitcoin and making him accept it.

Few years back it was really hard to find something relative to bitcoin, but things have changed alot and it had turned to be very common. By this time people lacking information is really bad. Searching Google itself gives the best results and better understanding about bitcoin. Anyhow OP had done a good work which had helped his friend consoled.

People could've heard much about bitcoin, but very few explore and understand what is it. Even the technically knowledged and people working at information technology doesn't know about bitcoin. This is all because of the lack of awareness and the promotion. With time changes and understanding will be good with the people as the widespread continues.

With the development and complete information on the internet. in that case, if I receive a gift from but I don't know what it is, I will immediately look up its information on the internet instead of getting angry. It's hard to understand his friend's actions. Or is this just an untrue story? it is also really hard for me to believe this story because bitcoin is no longer a strange thing for everyone. It is true that many people have yet to invest in bitcoin but that does not mean they do not know about it.

It is pretty hard to understand OP's friend's reaction with our perspective and knowledge about btc. However, we cannot take that from them as sometimes due to heightening emotions we cannot control our thoughts and reactions. Perhaps, the friend was already expecting and hoping for a big sum of money and properties to inherit and his expectations were not met when btc was mentioned, hence the reaction of the friend. Let us not invalidate the story as we do not know the full context. Additionally, believe me or not I still know a number of people who have no idea what bitcoin is, yes they have heard the term but have zero idea what it is about entirely.

Texac

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Quote from: romero121 on August 06, 2023, 06:26:18 PM

Quote from: SOKO-DEKE on August 06, 2023, 06:17:06 PM

Honestly, Bitcoin is not a new word to the world, and I believe that a lot of people should get aware of it, especially educated people who are using the internet, like social media, because hardly you get to one or two social media that you will not see the logo of Bitcoin people discussing the market price of Bitcoin, so I believe the Bitcoin name is painted all over social media and everywhere,but I will not be surprised if you say that your friend is ignorant of Bitcoin; it is possible.

It is not a new thing that people who are ignorant of Bitcoin are rejecting it and are not willing to learn about it. If your friend truly rejected bitcoin, I will say nothing that ignorance can't turn people into, so if someone is ignorant, it can be stupid with any decision it may make at that point of having no knowledge. I will say you have played a big role by enlightening your friend about Bitcoin and making him accept it.

Few years back it was really hard to find something relative to bitcoin, but things have changed alot and it had turned to be very common. By this time people lacking information is really bad. Searching Google itself gives the best results and better understanding about bitcoin. Anyhow OP had done a good work which had helped his friend consoled.

People could've heard much about bitcoin, but very few explore and understand what is it. Even the technically knowledged and people working at information technology doesn't know about bitcoin. This is all because of the lack of awareness and the promotion. With time changes and understanding will be good with the people as the widespread continues.

With the development and complete information on the internet. in that case, if I receive a gift from but I don't know what it is, I will immediately look up its information on the internet instead of getting angry. It's hard to understand his friend's actions. Or is this just an untrue story? it is also really hard for me to believe this story because bitcoin is no longer a strange thing for everyone. It is true that many people have yet to invest in bitcoin but that does not mean they do not know about it.

Solokan

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I think I want to laugh because I heard your story about your friend who was not happy when he inherited bitcoin, he should be grateful to be able to inherit bitcoin because if I personally wanted bitcoin I would have to buy it, but he got it from inheritance. but of course i forgive your friend, maybe because he doesn't know about btc and doesn't know the price of btc, but luckily you tell him about btc and tell him what is btc, and in this topic you become a meritorious person for telling him about btc . but it seems his father didn't tell him that his father invested in btc, so I think there is nothing wrong with investing in btc if you tell our children about it, and tell our children what btc is with the aim that there is no such incident in topic created by op .

Topic: A advise to my friend about his decision - page 2. (Read 817 times)