This is a phenomenal currency, no one could have thought that it would come out, I remember in 2009 it seemed to me that it was a joke, when people bought bitcoin I thought it was another MMM pyramid but how we all were mistaken, how still this world is changeable and ubiquitous,
we live in an era of change when the speed of innovation is moving at such a rate that we do not follow it people of a new era and it's even creepy, since it is impossible to predict what will happen in a year or half a year
Topic: Easy way to explain and teach Bitcoin - page 3. (Read 3471 times)
i think almost all the people in the world are already know how to use the basics of internet such as moving the mouse and toggling the browser to open it and make use of it. teaching them to mine ,work or trade isnt really the basics of bitcoin anymore therfor i think your methods arent going to work , you should rather teach them simple ways such as how to create their bitcoin wallet and finding their own bitcoin address or recieveing and also for sending ,etc and so on.
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.
Well I think it depends on whose you're gonna teach. With the young adults nowadays, the fact that they are very techie and is very much exposed on the internet and social media, they are more likely to learn fast. You just give them a brief overview of the basics, the things that will caught their interest and surely this will boost their eagerness to explore more about Bitcoin.
Its not possible to explain bitcoin in one comment.
Yea i can give you some idea about bitcoin.
Bitcoin is a crypto currency and its available only in digital form there is no hard form of bitcoin is present.
While teaching about bitcoin is easy but some long and practical process also. You can start to new bies about giving task of reading about bitcoin after getting some knowldge about bitcoin then you need to give some questions about bitcoin and then slowly you can remove their confusion.
Yea i can give you some idea about bitcoin.
Bitcoin is a crypto currency and its available only in digital form there is no hard form of bitcoin is present.
While teaching about bitcoin is easy but some long and practical process also. You can start to new bies about giving task of reading about bitcoin after getting some knowldge about bitcoin then you need to give some questions about bitcoin and then slowly you can remove their confusion.
I have tried to tell my son about bitcoin. He is 9 but he didn't seem interested so he didn't understand anything. I am going to wait few more years
An easy way to explain and teach Bitcoin is, I have my own way. I only explain about bitcoin and its benefits and besides I will show him the proof of my transaction or my income that I get. and after that I'm sure that person will be interested after seeing the evidence and in the end he will ask me to keep teaching it again and with the spirit to earn income from bitcoin which I think is quite promising. and I also provide info to try to learn alone by searching for information through google or others. and the way I succeed because people will be interested if they see evidence or results that have been in can. My way is simple but promising
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.
Should cultivate good intentions from people who are eager to learn about Bitcoin's benefits.
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.
Should cultivate good intentions from people who are eager to learn about Bitcoin's benefits.
For me the easiest way to teach about Bitcoin is to give them an example to what level of understanding they could possibly understand when you explain it to them. Kids nowadays are smart and can understand easily maybe because of the power of social media. For a 7 year old, you can make them understand and teach them Bitcoin like buying candies on some store.
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.
Excellent way to teach children about bitcoins. It's such a simple thing to understand, even kids way younger than the kids around my block could easily understand this kind of concept. I guess it just goes to show that a lot of bitcoin investors are really creative when it comes to teaching bitcoins.
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.
we can give some example or we can give some explanation about bitcoin or even we can try to give them small bitcoin amount to them to help them understand what we explain. besides that, we can try to ask them to search by them self so they can find more things about bitcoin and other coin and they can have a new experience related the cryptocurrency. try to explain what we know and discuss to them about what they want to know.
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.
[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
Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote] 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.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.”
Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
For the easy way to explain and teach about bitcoin to beginner is to explain how bitcoin is work and when you use bitcoin what is your procurable in bitcoin and what is the purpose or uses of that. Explain that if you using bitcoin your life is became wealth you future became brighter. Show a proof that bitcoin is really helpful like showing your profit and money that come from using in bitcoin.
Of course, there is a proof that you are really paying a bitcoin here to get to your bitcoins who want to teach you, because I'm teaching my classmates I'm doing the show that I'm doing here in bitcoin and showing me what I've earned here in bitcoin then they accompanied me to withdraw and there they are the content that will actually be in bitcoin and that's crazy.
[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
Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]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.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.”
Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
For me, to easily know what is bitcoin in a kid or in a person who don't know about bitcoin tell them that bitcoin is the future of money. If they join signature campaigns or if they invest their money, their money will earn profit. Tell them also the background of bitcoin and where does the bitcoin came from. Tell them also the benefits that may get.
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.
Well, Bitcoin is a currency, unlike the normal fiat, it is not tangible, that is why it is called digital currency. It was brought by a technology called blockchain, which is decentralized. Bitcoin is an optional tool for exchange of value and services, so it can be a subject for investment that can give you a promising decent return, because of its volatility. The coverage right now is still on its growing stage, but gaining popularity so quickly. In many parts of the world there are many ways to use bitcoin and different methods of using it.
Since then, in the Philippines there are different ways in which they work in other countries and in the Philippines.
Bitcoins differ from conventional currency in that registries are not stored centrally in banks and payment systems, but simultaneously on all computers that are occupied by bitcoins.
Jump to: