issues you have with educating friends/relatives. is that if they then invest, and then the price takes a dip. they will suddenly be blaming you for the investment advice.
Well, first of all, I saw that he didn't say anything about investment. He talked about education. What I also thought we neededFor example, I have no knowledge of crypto or bitcoin, and I happened to see a video about bitcoin on YouTube. Because of some people, bitcoin was introduced to me. Then I learned lots of things in the Bitocintalk forum. What is he trying to say on this topic? Now though I know about bitcoin investment and its risk, that is why I don't blame anyone. Though I am at a 90% loss, why can't I blame anyone because I know about bitcoin and its investment risk? So if the other person is from my family or friends, we shouldn't teach him about investing first. We should educate him on bitcoin first. Then, if he knows about it, he will be able to make a decision on whether to invest or not. We shouldn't get involved in his investigative purpose. We can only speculate about his learning period. And, you know what, I'm teaching my younger brother about bitcoin and cryptocurrency.If we didn't teach him exactly what bitcoin and cryptography were, then it would be tough for him to learn anything. That's my opinion, and your opinion is slightly different from mine. By the way, thanks.
I will first say that I really do not like the title of this thread because it starts out with a bad and likely misleading framework since normies (and maybe even more sophisticated people) are likely hardly going to learn shit about "crypto" or "cryptocurrency" or make any kind of progress of actually knowing what the hell is going on if they do not either get presented with a proper framework that focuses on attempting to understand
bitcoin and thereafter maybe see how the rest of the space (that relates to bitcoin and is sometimes labelled as "crypto" relates to king daddy).
So part of our own discussion of bitcoin should stop fucking using those kinds of dumbass and vague terms, unless we are attempting to putting the terms into some kind of a proper context.. which emphases bitcoin first and then maybe talk about the phenomena that there are a variety of other projects out there that are all over the place in term of their potential scamminess, misleadingness, that may or may not have any direct connection with bitcoin.. including the fact that so many people try to proclaim that bitcoin and ethereum or some kind of similars in terms of both of them being top coins.. .. fuck ethereum.. ..it is misleading to be suggesting that it is somehow equivalent to bitcoin, even though surely there can be some value in attempting to address some of the issues that come up in relation to various projects that have been built on ethereum or around ethereum.. but still put within a bitcoin framework.. and surely there are going to be people who do not want to learn or they come to believe that they are smarter because they start to buy into the various bullshit ethereum and the other scam and smoke and mirror project talking points.
Of course even smart people and relatively big financial institutions get distracted into ethereum trying to put itself out there as some kind of similar to bitcoin but different bullshit.. that mislead people into believing that ethereum might have some kind of solid investment thesis that is similar to bitcoin.. which is baloney.. and yeah.. let it play itself out.. fine.. it could take 10 to 20 or more years for that crap (and the scams around it to play out.. but still does not really mean that it is bringing any kind of meaningful value to the table except perhaps figuring out the various ways to either scam people or for founders to print money for new or continued self-enrichment purposes).
Back to bitcoin.
Regarding your own assertion Imran232 that bitcoin should be understood prior to getting into attempts to teach investment ideas, and that seems to be a wee bit misplaced in my consideration of the matter. Investing is a basic thing that people need to learn - and even to figure out if they have their shit together in their life sufficiently to even consider investing and/or how to invest.
For sure, I would not be proclaiming that investing is any kind of elitist matter, and every single person should be able to figure out and maintain some kind of investing strategy.. and for sure, bitcoin can also serve as one of those vehicles in which way more people have access to meaningful and reasonable ways to invest than they would have had in prior times... So many investments are much more difficult to get into as compared with bitcoin, so in that regard, there is a lot of investment potential with bitcoin that could well be taught simultaneously to learning about bitcoin too.
For example, even if someone comes from a pretty impoverished situation, they may well be able to get into a situation in which they are able to set aside something like $10 per week to invest into BTC in a kind of dollar cost averaging way, and as they are investing into bitcoin, they can also be learning about bitcoin.. and also making sure that they get their shit together in terms of the amount that they are investing into bitcoin.. so attempting to learn about bitcoin and investing at the same time, and hopefully even learning about bitcoin becomes a much more concrete idea when they are figuring some kind of an amount to regularly put into it and also to consider if they might need to modify their investment approach as they also learn about their own personal and psychological circumstances.
I guess my main point is.. . "why not both?"
at least in respect to the idea of learning about bitcoin and learning about investing....... and also informing them that we have no benefit or receive any commission for shilling BTC, ETH, etc., so that they won’t blame us if their portfolio goes bloody later on.
Case in point... above regarding your own mindset and desire to educate.. cheezcarls..
fuck ethereum.. and stop trying to discuss it as if it were to have some kind of equal or similar investment thesis to bitcoin.. because you are ONLY misleading people when you make those kinds of juxtapositions.. and lumping of ethereum as if it were in the same category as bitcoin when it is not... it is not even close, but so many folks believe that bitcoin and ethereum are somewhat close.. similar but different.. blah blah blah.. baloney-talk and a baloney way of framing and/or discussing matters related to either bitcoin or "crypto".
[edited out]
I think all that you mentioned are very useful for that purpose, but based on my experience it's not that easy to learn about cryptocurrency in just a single session or encounter I've already tried it in my locality and only 20- 30 percent are interested to learn more about it. most of them are just ignore it and put it on hold because for them it's very hard to digest most of the information about cryptocurrency that's why they just ignore it.
For sure, another matter is that if you lack in focus in your presentation.. meaning that you are not able to figure out some ways to attempt to focus on bitcoin first.. then it is likely going to be a lot more difficult and confusing and even difficult to relate to..
I am not going to deny that if you approach the matter as a way to get rich quick, then you might get some people's attention.. but that is a stupid-ass framework that relates to crypto overall and not a way to attempt to focus on bitcoin.. ..
So surely, part of the challenge will still be to get the attention of people, and largely people come to bitcoin at their own pace.. so it could take several sessions (several touch points) with them in order for the idea of bitcoin to start to sink in, and for sure, none of us should expect that we are going to be the first or even the ONLY touch point that they might end up having, so in that regard, there can be some challenges in terms of attempting to figure out from where they are forming their various thoughts about bitcoin and attempt to work from where they are rather than where we might expect that they should go, even though there probably nothing wrong with giving a framework in terms of prioritizing the discussion of bitcoin.. and surely the perspective of the other person(s) will likely vary - and perhaps have a decent number of themes in common at the same time.
I have some people with whom I have been talking about bitcoin for years, and some of them have become more receptive to the idea of bitcoin, and others have become more stubborn in their various views that seem to end up being (from my perspective) that they do not really sufficiently understand bitcoin.. and so they have to come to bitcoin at their own pace.. and perhaps they will die being a no coiner.. but whatever, I can ONLY lead them so much to the various ideas and/or my own learnings in connection to the matter.. and even with my own learnings, I am likely ONLY going to spend so much time attempting to help them, unless they are already receptive.. which would at least mean that they are ready and willing to learn even if they might not be able to learn... people vary for sure.
To buttress the awareness campaign by each desiring individuals, one must have an evident proof to show forth in convincing people to believe and part of which is to have a specific location branded for your Bitcoin awareness campaign as people believe in result or something tangible they can hold unto before getting convinced, have your own website and do some proper documentation to validate your stance, have a good success record whereby you can make a reference with and lastly dont be a half baked bread because in making an awareness campaign, expect lots of critics, questions and challenges in which you must be in good disposition to providing accurate answers to.
I doubt that people need to necessarily be as resourceful as you are suggesting that they need to be, Dunamisx. In other words, why let the perfect be the enemy of the good?
For sure, some people might want to put together materials and be more active in their bitcoin evangelism efforts, but each of us will come to the matter from a different perspective, while at the same time, I am not going to doubt that some resources seem to be much better than others.
I had recently seen a link to Michael Saylor's bitcoin information and even a free course, which I am even tempted to take.. or at least to point out that course in order that others can take it and tell me about it.
https://learn.saylor.org/course/view.php?id=468In one of my campaign, I also discovered that some people are still not aware of crypto currency.
Hopefully, you can shake that vague-ass, ambiguous and misleading term "crypto"/"Cryptocurrency" and get focused on figuring out bitcoin first. Once you spend a decent amount of time on learning about bitcoin, and you have a bit of a grasp on what is bitcoin, then you will be in a much better position to both talk about bitcoin and maybe to venture out to the various shitcoins (aka some of the crypto matters)...
If you do not sufficiently and adequately focus, then it is going to be more difficult for either you to understand the information that you are learning along the way (and to put such information within a proper context) and also to present such information to other people who may well be even less informed regarding the bitcoin/crypto topic than you.
By the way, some people seem to believe that they are being more academic and open by attempting to use a broader term, such as crypto to describe the whole space and NOT to get caught up on bitcoin.. and sure in theory that seems all fine and dandy not to have a closed mind and to have a broader perspective; however, what seems to end up happening is when people attempt to focus more broadly on such a concept like bitcoin, they tend to lose some of their abilities to understand the basic framework - which is bitcoin.. and in that regard, it still is way better to figure out bitcoin first in order that you understand the framework and that you know how to properly use the terms crypto and cryptocurrencies if you end up choosing to use those words from time to time.. and most of the time it seems much better to minimize their use, especially if you are talking about bitcoin. .then better to use the term bitcoin rather than substituting the word bitcoin with crypto in order to feel that you are being more smart when such substitution likely causes you to devolve into a confusing, ambiguous and/or misleading presentation of the very topic that you are attempting to teach about.