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Topic: Easy way to explain and teach Bitcoin - page 8. (Read 3469 times)

full member
Activity: 2086
Merit: 193
February 25, 2018, 06:50:19 PM
Show them all you transactions with bitcoin and the they will start to ask questions but don't forget to tell everything to them so they will not expect anything including the risk that we have here. Bitcoin is amazing and meant to be shared for, lets keep on spreading good news about it.
full member
Activity: 322
Merit: 110
elysian.finance
February 25, 2018, 06:48:52 PM
I find it a nice way of teaching/explaining bitcoin to a 7 year old boy/girl. But maybe somehow some kids may think about what you've told them literally rather than the concept of your story. Kids have different kinds of understanding so expect that not all of them will understand it quite enough.

True,  people do have different  understanding not all can easily get what you are telling and what does your explanation means. But i guess,  they will surely  understand  it by explaining more and try to reach their mind and try more efforts of explaining by giving them more videos about bitcoin.
sr. member
Activity: 434
Merit: 250
February 25, 2018, 06:37:52 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
[/quote]
Onviously you cannot just tell them to invest into something into something that they dont really know so obviously the bitcoin is really to teach youre just going to invest and thenwait for the price to pump and then sell youre bitcoin easily you earn a profit but teaching is you need to convince them because a lot of fake news in tv brain wash the people.
hero member
Activity: 3080
Merit: 603
February 25, 2018, 06:26:35 PM
I think the best way to explain and teach bitcoin to others is to let them experience it so they will know what are the benefits bitcoin could offer. And the best way to understand the whole bitcoin is to read everything about it and alsp the discussions. Maybe it will take time to be understood but i guarantee that it is really worth it.
A 7 year old can't fully get into the conversation / discussion easily. He will have troubles of understanding terms or jargon that will be used during the discussion. Explaining to him alone can help him understand what bitcoin is and letting him watch some info graphic videos will also help to catch up what bitcoin is. Kids are more interested when there are pictures appearing discussing and explaining something about what he wants to learn.
sr. member
Activity: 730
Merit: 250
February 25, 2018, 06:18:12 PM
I think the best way to explain and teach bitcoin to others is to let them experience it so they will know what are the benefits bitcoin could offer. And the best way to understand the whole bitcoin is to read everything about it and alsp the discussions. Maybe it will take time to be understood but i guarantee that it is really worth it.
full member
Activity: 392
Merit: 100
February 24, 2018, 08:48:35 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
its by watching videos often till he grab all, i think that should be better option, try it..
[/quote]
newbie
Activity: 350
Merit: 0
February 21, 2018, 10:51:57 AM
In order for it to be easy to explain Bitcoin, the audience needs to comprise of enthusiastic people, willing to trade in Crypto.
newbie
Activity: 25
Merit: 0
February 24, 2018, 06:54:07 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]

Thank you so much for these information.  It really helps us specially to all newbies about bitcoin.
full member
Activity: 251
Merit: 100
Powered by Artificial Intelligence & Human Experts
February 24, 2018, 06:51:37 AM
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.
It can be a good idea to share your knowledge about bitcoin but sharing it to a 7 year old child is much difficult to do, although in that old child can think but its mind is focusing on playing and curiousity about its environment so you are right to explain it in much easier way like using some words that easy to understand.
PIR
member
Activity: 322
Merit: 10
CRYPTOBLADES Octoblades 10.10
February 16, 2018, 11:45:33 PM
It's really hard to explain bitcoin to everyone because its so technical and for me one way to explain bitcoin is using object lesson like you have certain dress and explain it to them that when you join bitcoin your like wearing certain dress for couple of months till the campaign. another thing is through digital videos, and explain it and tell them that you can have money through it.
full member
Activity: 364
Merit: 100
February 16, 2018, 11:41:07 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
[/quote]
for me,the best and easiest way for me to teach a child is make them interested. How?  bitcoin forum's page is not attractive for children so you should think another way on how your child will become interested in bitcoin. If you want to teach him, introduce it to him,never forget about money.  Tell them they can buy many toys and gadgets unlike the other kids. Do some kid talks to make them more interested and always guide them when they are in actual application of what you have taught. Do not expect them to learn all at first, explain bit by bit and eventually they will learn and become more interested. Always remember kids need to play so do not take it away from them.
asu
legendary
Activity: 1302
Merit: 1136
February 16, 2018, 11:28:37 PM
The best way to explain bitcoin in a 7 years old is how to earn money from that age.  For just securing there future and be mature and responsible for spending its money to a good ways. Paying its school tuition to let them know more about our daily expenses be mature and wiser in terms of handling money.  And a bitcoin is a good investment that you can get a high profit from it.  Because bitcoin reall helps you to secure your future. I really admire bitcoin for changing lives of many people.kudos to bitcoin.
full member
Activity: 350
Merit: 102
February 16, 2018, 11:14:22 PM
I will explain to a 7 year old child what s Bitcoin. What are the benefits derive from playing Bitcoin and explain to him that it’s similar to saving money in a piggy bank. But developed his explaining skills and become aware to our environment.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
February 14, 2018, 05:27:04 AM
The best way to explain Bitcoin is through explaining money and then taking that person to the technology used behind Bitcoin.

this could be work if that person interesting with something new but if he doesn't want to know more, then I think we don't have to spend much time to that person and it is better to help other people. maybe we can explain the easy way like for example, we give the investment in bitcoin only without doing anything and I think he can receive this as bitcoin can also work on the investment.
member
Activity: 224
Merit: 10
February 13, 2018, 02:12:17 PM
The best way to explain Bitcoin is through explaining money and then taking that person to the technology used behind Bitcoin.
full member
Activity: 266
Merit: 101
The revolutionary AI gaming ecosystem
February 13, 2018, 02:04:34 PM
Oh my god, that is absolutely fabulous way to explain Bitcoin! Not only will everybody understand I enjoyed every second of it. But I gotta say if you want to explain it thoroughly and true, I enjoy explaining everything about Bitcoin from the miners to the users. It is a fascinating process that I could get goosebumps from every time I go to explain it!  Smiley
newbie
Activity: 20
Merit: 0
February 13, 2018, 01:46:59 PM
I think that we should start with short but informative videos. And first you need to consider one branch, not to hammer down all definitions.
member
Activity: 126
Merit: 11
February 13, 2018, 12:32:31 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
[/quote]

That;s really good content over there. I've watched the video, simple and straight to the point. I think this is the way for a beginner to start.
sr. member
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
February 13, 2018, 12:31:04 PM
The easiest way to know about bitcoin is to explain to people how the benefits about bitcoin and to know there how to earn profit. At first its good to tell their to make some research about the bitcoin. And ofcourse the people who interested to know about bitcoin because its easy to explain a lot if they want an extra income.

If easy to explin to othe people. First you explain the bitcoin history. Then people wil be know the coin information then teach the bitcoin fourm. So it good information to easy to teach and people will be easy to understand and easy way to process and get more information. It connect the people so people share more information for future investment. Then tou get more ideas for the improve the business process.
member
Activity: 112
Merit: 10
February 13, 2018, 12:15:56 PM
The easiest way to know about bitcoin is to explain to people how the benefits about bitcoin and to know there how to earn profit. At first its good to tell their to make some research about the bitcoin. And ofcourse the people who interested to know about bitcoin because its easy to explain a lot if they want an extra income.
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