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Topic: Easy way to explain and teach Bitcoin - page 13. (Read 3469 times)

full member
Activity: 448
Merit: 140
December 06, 2017, 08:25:36 AM
I think  bitcoin is too complicated to explain   for seven years old. better  way teach financial grammer. money  philosophy
newbie
Activity: 149
Merit: 0
December 06, 2017, 08:16:30 AM
Thank you for this!
I am just a newbie in bitcoin, hmm let me say little do I know about what bitcoin is. right now all I do is to look into the forum read replies to the post and maybe I can gain some knowledge. I'm like a child who is really willing to learn something new. I hope I may gain some new knowledge to this thread and learn more about bitcoin does and how it operate, how can I earn. thanks a lot!
full member
Activity: 405
Merit: 100
December 05, 2017, 08:24:08 PM
If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
That's right, the best way to explain is we should talk to them, i think they could understand well. Children must interesting about this because of about money related. We need them first understand about bitcoin before we teach.  Give more patience, to teach them so that they have more ideas and knowledge about bitcoin. Children is not so hard if we explained it well. Just keep telling and have patience to explaining and focus to teach children to them always so that in their younger age they will know a lot.
full member
Activity: 434
Merit: 168
December 05, 2017, 08:10:29 PM
[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
to be honest it is hard to teach bitcoin to others as my experience i always receive a laugh from them because they said that bitcoin is only a scam and some people didnt yet know and understand about bitcoin but if you want to teach bitcoin to others just teach your trusted friend .
sr. member
Activity: 602
Merit: 252
December 05, 2017, 07:57:08 PM
Easy way to explain or touch bitcoin is simple based on the understanding capability of the users. Bitcoin being a very new platform and technology oriented operational system it is not that easily understandable. Giving an basic explanation and let them explore of their own which seems to be the best way of teaching in my opinion.
member
Activity: 280
Merit: 10
December 05, 2017, 07:50:08 PM
The easiest way to explain and teach about bitcoin is to give a simple but efficient introduction on its history. It's very important to establish the interest first and let the person know that Bitcoin is something of value and can be converted into money.
member
Activity: 322
Merit: 10
December 05, 2017, 07:32:40 PM
I think I don't agree with that explaining bitcoin to my son is not good because I want my son be free for now he doesn't good yet in working and I think he must be in my neighbors playing with them not working for us right now.
member
Activity: 322
Merit: 10
December 03, 2017, 02:24:05 AM
it's easy to keep the bitcoin up and point it to someone ... you do not need to explain everything when someone is interested in it..when you explain and understand that you can tell him everything about bitcoin and explain that he's got a big deal here ..
full member
Activity: 378
Merit: 100
December 03, 2017, 02:10:39 AM
The easiest way to inform and educate the public about bitcoin is making some seminars or videos which tell the entire information about bitcoin.
Through this they can help the small sectors of the community to promote the positive effect of btc in our society.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
December 02, 2017, 02:46:33 PM
[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
I think that one of the easiest way to explain bitcoin is to tell them what benefits they can get in it. In kids, you must first get thier attention and telling them what they can earn is one of the wisest way to have thier interest. Next is explain them why bitcoin is important for us specially to them, the new generations, also talk about on what is bitcoin is and how its system works. Lastly you must tell them what are the advantages and disadvantages of bitcoin for them to be ready in encountering it in the future.

Your setup is too complicated. Simply put, its honest, long-term savings account.
member
Activity: 231
Merit: 10
December 02, 2017, 09:08:51 AM
[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
I think that one of the easiest way to explain bitcoin is to tell them what benefits they can get in it. In kids, you must first get thier attention and telling them what they can earn is one of the wisest way to have thier interest. Next is explain them why bitcoin is important for us specially to them, the new generations, also talk about on what is bitcoin is and how its system works. Lastly you must tell them what are the advantages and disadvantages of bitcoin for them to be ready in encountering it in the future.
member
Activity: 63
Merit: 10
December 02, 2017, 03:53:35 AM
Teaching Bitcoin to a kid and to an adult is quite different. Both must have the willingness to listen and learn. Kids are kind of distracted to many things so we must keep them focus by providing some creative visual aids when teaching it to them. We should also explain the benefits of Bitcoin to them and why do we need to teach it. But if we noticed that the kid do not have any interest on it, maybe those things aren't on his mind yet. Let's just wait for a little more time (when he grow up) until he's the one to start the discussion about it.
member
Activity: 112
Merit: 10
December 01, 2017, 11:53:06 AM
Explain and teach bitcoin for kids or old people will not difficult if they really want to know and learn this stuff. First time when i came to bitcoin world, i dont know anything except the name of what i want to research - bitcoin, after few month i knew everything necessary to earning bitcoin and money. In my opinion, when people interested in something, they will have the will to study and research the subject they want, it will be easy to teach someone like that !
jr. member
Activity: 41
Merit: 10
November 30, 2017, 05:21:01 AM
For me the easy way and explain bitcoin are:
1. The learner must be interested and very willing to learn.
2. Tell them the origin of the bitcoin and how it works
3. The benefits of the bitcoin and the profit that you can get from this by adding the ingridients of hardwork and patience.
4. Last the proof of your cash out from bitcoin.

I do agreed with what you stated bro. Actually just do also the things what was the reason why you engaged in bitcoin. I mean your reason how you convinced yourself to tried it. And proof of cash out from bitcoin really catched my attention why i'm here now. 😊
member
Activity: 66
Merit: 10
November 30, 2017, 05:11:36 AM
Best way to make Videos, Games and cartoon explain bitcoin (Fun to learn).
kinds learn how to use real money so they can use bitcoin .  
member
Activity: 196
Merit: 10
November 30, 2017, 05:11:11 AM
The easy way to explain and teach Bitcoin is, I will teach them step by step. I let them also to know that Bitcoin is something of value and can be converted into money.
member
Activity: 280
Merit: 10
November 30, 2017, 05:07:27 AM
Maybe the easiest way to teach Bitcoin is to explain to them the advantages of using Bitcoin and also show them your earnings tell.them that once they join campaigns they will be paid off they just wait once money is involve they will believe you
full member
Activity: 322
Merit: 100
November 30, 2017, 04:56:15 AM
[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
i think teaching bitcoin in 7 years old is hard but if you teach teenagers i think its not easy too because some teenagers didnt believe in bitcoin so dont try so hard just teach people who want this and let them regret someday.
full member
Activity: 373
Merit: 100
November 30, 2017, 04:53:14 AM
I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
Well said; I believe the best way to impact understanding concerning Bitcoin to someone is to let the person know that Bitcoin is something of value and can be converted into money.
Yes, that's the better way and to make that effective its good to create a wallet for the new user then describe it in terms of USD. If he understood it, then take him to an bitcoin trading website and explain the way of converting bitcoin to local currency upon requirement.
I think the easy way to explain and teach bitcoin by sharing your knowledge to others, by teaching them the basic concept, how it works and how they can earn. Although it easy to explain but is hard when you teaching a person but not listening to you.

Yes I agree but before we teach others about bitcoin we will have to make sure that we already know the existence and the history of bitcoin for us to give them the right information about bitcoin. We must have to gather information about bitcoin before we tell or teach others about this. And if you know already the whole story of bitcoin then it is now easy to teach others and it is easy for them to understand us.
newbie
Activity: 28
Merit: 0
November 30, 2017, 04:46:48 AM
At its simplest, Bitcoin is either virtual currency or reference to the technology. You can make transactions by check, wiring, or cash. You can also use Bitcoin (or BTC), where you refer the purchaser to your signature, which is a long line of security code encrypted with 16 distinct symbols. The purchaser decodes the code with his smartphone to get your cryptocurrency. Put another way; cryptocurrency is an exchange of digital information that allows you to buy or sell goods and services.The transaction gains its security and trust by running on a peer-to-peer computer network that is similar to Skype, or BitTorrent, a file-sharing system.
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