Educating people on Bitcoin for free - page 5.

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Quote from: YOSHIE on August 09, 2022, 08:08:50 AM

Quote from: Ojima-ojo on July 23, 2022, 03:49:54 AM

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

So far I have never taught about Bitcoin, because I live in an area where in general a lot of people trade and invest on government-owned index exchanges, so generally they know about the Bitcoin process and procedure, as well as the actual uses and benefits of Bitcoin.

Of course, what you do to the people closest to you, by educating them to know Bitcoin as a beginner is a good step and idea that you do, they will know how to take advantage of the virtues of Bitcoin as a digital currency and as an investment method, for their future financially.

For sure they had heard of it because its impossible that it cant be intertwined or be included into those markets whenever you do make out some trades but well it does depend on someones interest though because

even you do make yourself aware but if you arent that interest then you wont really be that touching no matter what. Teaching other people is something challenging to me but i dont really have any plans because i dont

like myself to be ending up on being blamed whenever they do lost their money on the time that they do make out investment but if there are someone whose interested then explaining to them at least wont be a bad idea.

YOSHIE

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Quote from: Ojima-ojo on July 23, 2022, 03:49:54 AM

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

So far I have never taught about Bitcoin, because I live in an area where in general a lot of people trade and invest on government-owned index exchanges, so generally they know about the Bitcoin process and procedure, as well as the actual uses and benefits of Bitcoin.

Of course, what you do to the people closest to you, by educating them to know Bitcoin as a beginner is a good step and idea that you do, they will know how to take advantage of the virtues of Bitcoin as a digital currency and as an investment method, for their future financially.

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Quote from: Ojima-ojo on July 23, 2022, 03:49:54 AM

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

It’s more important for them to know first about the real purpose, use cases and fundamentals of Bitcoin as well as the risks if they decide to hop in. Of course, when I’ve educated the locals back then before the COVID-19 pandemic, I don’t let them focus on the price of Bitcoin but rather how it changes the game for us in owning the funds that we have rather than relying mostly on the banks where we didn’t have the custody of it.

Then if they decide to buy Bitcoin, I always letting them know about the risks and uncertainties such as only invest or trade an amount that they can afford to lose.

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Quote from: noormcs5 on August 09, 2022, 06:26:29 AM

Quote from: Ojima-ojo on July 23, 2022, 03:49:54 AM

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

I appreciate the efforts being made by you to teach bitcoin to the people near you however the title suggests that you have given this education free of cost. That is the right thing to do as it is not morally good that someone takes money in order to tell the basic things about bitcoin. The awareness about bitcoin should be created freely and it will be a more effective one.

Awareness and initiative to provide knowledge or introduce bitcoin is a very good choice and rightfully so, because bitcoin or crypto is still considered negatively by the government which is unlikely to support the way of adoption by applying subjects or the like.
bitcoin will continue to grow and become popular thanks to the old users who took the initiative to introduce bitcoin in a different way for those who don't know and understand bitcoin, for friends, family, relatives and also the generation that we must try to teach bitcoin so that they also feel the benefits of good bitcoin .

noormcs5

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Quote from: Ojima-ojo on July 23, 2022, 03:49:54 AM

I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

I appreciate the efforts being made by you to teach bitcoin to the people near you however the title suggests that you have given this education free of cost. That is the right thing to do as it is not morally good that someone takes money in order to tell the basic things about bitcoin. The awareness about bitcoin should be created freely and it will be a more effective one.

CryptoHeadlineNews

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Quote from: ninis45 on August 08, 2022, 05:07:21 PM

maybe the right way is to provide basic discourse and learning like what was done..
Mr. Magkaisa : I have started teaching Bitcoin to my Neighbors

so that it encourages someone not to think negatively because basically their interest is because the income we get is not from the bitcoin ecosystem itself, and this is an opportunity to attract them in the right direction

Can you please resize your image, because it's too big and covering all our screen for us using desktop..
Example... Height=150

So however, Satoshi actually did a great job with the invention of Bitcoin and now is our turn to complete the work he did 13yrs ago by spreading the knowledge about Bitcoin to the naive Newbies and those at position of been mislead by scammers, of which "Mr Magkaisa" and many others have been doing for quite a long while, which I do appreciate their efforts.

Detritus

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You have done a great deal to teach people around you the important things they need to know about Bitcoin. At least they're not going to be newbie any more. With the little knowledge you have offered to them, they should be able to learn form their.

I have learn a difficult way in cryptocurrency and that made me strong enough and self determination in holding. Lot of people has been misinformed about Bitcoin investment but there are lots of good materials online now. although I have only thought few people and that's because they gave full attention.

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Each of us can do our part educating people around us about bitcoin and spreading awareness to the maximum number of people as possible, so they can continue our job educating even more people until the whole world knows and understands bitcoin, althought it will be always up to every person to decide if they want to adopt bitcoin or not, what shouldn't be a concern for us at all, since what really matters is that we are doing our part.

ninis45

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maybe the right way is to provide basic discourse and learning like what was done..
Mr. Magkaisa : I have started teaching Bitcoin to my Neighbors

so that it encourages someone not to think negatively because basically their interest is because the income we get is not from the bitcoin ecosystem itself, and this is an opportunity to attract them in the right direction

Piesel

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Quote from: coupable on August 01, 2022, 04:21:37 PM

This idea was the slogan that I and a group of friends raised in 2017, to spread awareness about Bitcoin and Bitcoin technology. What hinders us the most is the Blockchain platform, which causes a lot of confusion for beginners to differentiate between Blockchain as a technology and the platform that uses the word Blockchain as its name.
Today, the matter has become more complicated, especially with the quality of service provided by a giant platform such as Binance, which includes many networks that are difficult for beginners to differentiate between them, in addition to the difficulty of defining the concept of a wallet. Imagine that you can withdraw and deposit bitcoins to and from the platform using several networks, including the Ethereum network. It is not possible to teach people to distinguish between all these complications, especially if this is for free.

This is true of the multi wallet and its concept as the multi chain is growing and new chains are being introduced just to solve the various scalability issues that face the Bitcoin network and the entire blockchain system is revolving around but with platforms like binance we can do more and sending Bitcoin from various network has been made easy, But then this could be a tough process for most beg innermost especially those who are relatively new to blockchain technology.

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Quote from: Piesel on August 07, 2022, 04:05:01 PM

The global Bitcoin adoption has been faced with a lot of criticism lately and this started right from the moment El Salvador adopted Bitcoin, some citizens complained about the lack of education and awareness before the adoption of Bitcoin in that country. This could be a flamboyant statement since Bitcoin does not require a lot of education to get a wallet set up and used which is the basic thing for Bitcoin users unless one wants to go into the technical aspect of it that is when adequate education and skills are needed.

It is really hard to start investing in Bitcoin if you don't have any idea or have zero knowledge but with the help of the internet, things become easier. But somehow there are wrong informations that can also be found on the internet which makes some people to doubts. In this case, educating them personally is the tool to clear their doubtful minds and eliminate those wrong information. That might not be hard but honestly, you gonna extend your patience as well knowing that there is a possible argument in the discussion and much more when it comes to technical aspects which are very important.

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Quote from: Xxmodded on August 06, 2022, 11:28:20 AM

I can't brave talk to other about bitcoin and give them education what is bitcoin kinds?

That's bullshit, you've been here since 2014 and I'm sure you've talked a lot about this regardless if it's to a person or a group of your bounty friends.

Quote from: Xxmodded on August 06, 2022, 11:28:20 AM

I have been many time when given some thing new about investment if got profit they will happy but when first time losing money with investment we lost relationship as friend or anything else. I try without teach them because afraid bad thing at the future when investing in bitcoin, I can't guarantee with my suggestion investing in bitcoin always got much profit, how ever I have loss several percent from investment assets and looks not worry because lost my money, but when teaching and give education for the other actually the teacher have responsibility about their student losing.

I don't understand why someone so innocently believes what you say. Bitcoin is not a ponzi scheme and not a structured scam, Bitcoin is legal as an investment asset and also as a means of payment when both parties agree to make a transaction. So if you are really scared of bitcoin scams or possible scams then you should only have one account instead of many.

Piesel

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The global Bitcoin adoption has been faced with a lot of criticism lately and this started right from the moment El Salvador adopted Bitcoin, some citizens complained about the lack of education and awareness before the adoption of Bitcoin in that country. This could be a flamboyant statement since Bitcoin does not require a lot of education to get a wallet set up and used which is the basic thing for Bitcoin users unless one wants to go into the technical aspect of it that is when adequate education and skills are needed.

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Quote from: Xxmodded on August 06, 2022, 11:28:20 AM

Quote from: Cling18 on August 06, 2022, 11:02:17 AM

It's actually a helpful initiation to share knowledge about Bitcoin without asking for any fee for we all know that it could benefit everyone in the long run. However, it's also necessary that we'll enlighten newbies about the risks of crypto investment so they will have the right mindset and won't see it as a shortcut to getting rich.

I can't brave talk to other about bitcoin and give them education what is bitcoin kinds? I have been many time when given some thing new about investment if got profit they will happy but when first time losing money with investment we lost relationship as friend or anything else. I try without teach them because afraid bad thing at the future when investing in bitcoin, I can't guarantee with my suggestion investing in bitcoin always got much profit, how ever I have loss several percent from investment assets and looks not worry because lost my money, but when teaching and give education for the other actually the teacher have responsibility about their student losing.

no it is not the responsibility of the one who will teach about the losses that they will incur. just be upfront that this market is high risk when it comes to investments, you should not promise anything to them about their possible gains. just state the facts when it comes to crypto market. you are not controlling the market, so you don't know the market movement either. in this age, if they want to enhance their knowledge about crypto they can, because there are a lot of info that are already available over the net. you can also let them know the forum. this alone will give them tons of info that they can use to better themselves about crypto.

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Quote from: Cling18 on August 06, 2022, 11:02:17 AM

It's actually a helpful initiation to share knowledge about Bitcoin without asking for any fee for we all know that it could benefit everyone in the long run. However, it's also necessary that we'll enlighten newbies about the risks of crypto investment so they will have the right mindset and won't see it as a shortcut to getting rich.

I can't brave talk to other about bitcoin and give them education what is bitcoin kinds? I have been many time when given some thing new about investment if got profit they will happy but when first time losing money with investment we lost relationship as friend or anything else. I try without teach them because afraid bad thing at the future when investing in bitcoin, I can't guarantee with my suggestion investing in bitcoin always got much profit, how ever I have loss several percent from investment assets and looks not worry because lost my money, but when teaching and give education for the other actually the teacher have responsibility about their student losing.

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Quote from: Cling18 on August 06, 2022, 11:02:17 AM

Quote from: Ojima-ojo on July 23, 2022, 03:49:54 AM

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

It's actually a helpful initiation to share knowledge about Bitcoin without asking for any fee for we all know that it could benefit everyone in the long run. However, it's also necessary that we'll enlighten newbies about the risks of crypto investment so they will have the right mindset and won't see it as a shortcut to getting rich.

I agree with you it's a double edged sword to try to educate people about cryptocurrencies, especially if you are not very cautious and don't heavily warn them about all the risks attached to investments in cryptos and the daily use of cryptocurrencies. People should keep in mind they have to manage not to only the economic risk associated to the volatility of Bitcoin and other cryptocurrencies but also the security risks of being scammed or hacked. And you won't endorse any responsibility in case of losses of money at the end.

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Quote from: Ojima-ojo on July 23, 2022, 03:49:54 AM

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme, this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market. So there is a need for enlightenment on the key features and purpose of bitcoin adoption.
I have tried my best to educate people around me on the basic concept of Bitcoin and make them aware of the advantages and disadvantages of Bitcoin adoption and how best to minimize the risk associated with Bitcoin, to attain some level of self-satisfaction through Bitcoin.

It's actually a helpful initiation to share knowledge about Bitcoin without asking for any fee for we all know that it could benefit everyone in the long run. However, it's also necessary that we'll enlighten newbies about the risks of crypto investment so they will have the right mindset and won't see it as a shortcut to getting rich.

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Quote from: KennyR on August 05, 2022, 11:16:39 PM

Right now we've got more sources to educate ourselves. Apart from this there are people who volunteer and making more plans to educate the people around us. Even one of our forum user have spend his weekly earning to buy a laptop to educate the kids about bitcoin in his locality. So, we should also have responsibilities in spreading the word about Bitcoin. The education is core through which the real-time usage of bitcoin can be achieved in a large scale.

You are right the user who did that educational charity with his signature payment is from my local board and a Nigerian, as we all know that Nigeria is topping the list of countries with the highest crypto trading volume. And the majority of those involved in this are the youths and if we begin the education of the young ones in secondary schools about Bitcoin and cryptocurrency, it will help them to ride in the wind of the moment and if in the future cryptocurrency is adopted in Nigeria, those who have been thought will have a basic education so the adoption of Bitcoin will grow faster. Education is key and I also have a similar charity program going on going in my locality too.

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Quote from: Pmalek on August 06, 2022, 08:18:33 AM

Quote from: Oasisman on August 01, 2022, 04:13:17 PM

Well, show him a good result (your profit for example) or show him how convenient it is especially overseas transactions.

Even though we all want to see big profits and green charts, that shouldn't be the main talking point when introducing Bitcoin to a newbie. Bitcoin goes through cycles and ups and downs. When the person you showed your profits to sees their portfolio is worth less today compared to when they bought the coins (and sooner or later it will happen), they will associate bitcoin to something negative and connected to money loss.

Your other suggestion is better. Talk about the network's strengths. The irreversibility, fungibility, lack of geographical borders, permissionless transactions, transparency, etc.

I totally agree with your review, when we start giving knowledge to someone, especially introducing bitcoin to anyone, and teaching them about bitcoin, we shouldn't convince them of the big profits we get, because we know bitcoin is hard for us to guess, day it's green we can wake up tomorrow morning it's red, the first thing we need to emphasize to them is how to adopt the right bitcoin, the right way to transact and how to invest, we also tell them that bitcoin can't be regulated by third parties, you are free to make transactions anywhere.

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Quote from: Oasisman on August 01, 2022, 04:13:17 PM

Well, show him a good result (your profit for example) or show him how convenient it is especially overseas transactions.

Even though we all want to see big profits and green charts, that shouldn't be the main talking point when introducing Bitcoin to a newbie. Bitcoin goes through cycles and ups and downs. When the person you showed your profits to sees their portfolio is worth less today compared to when they bought the coins (and sooner or later it will happen), they will associate bitcoin to something negative and connected to money loss.

Your other suggestion is better. Talk about the network's strengths. The irreversibility, fungibility, lack of geographical borders, permissionless transactions, transparency, etc.

Topic: Educating people on Bitcoin for free - page 5. (Read 4060 times)