Educating people on Bitcoin for free - page 7.

stomachgrowls

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Quote from: Wiwo on July 26, 2022, 04:49:49 PM

Quote from: OgNasty on July 23, 2022, 04:23:35 PM

I think the best free education on Bitcoin comes from having to use fiat for international transfers. At least that's what I used to think when Bitcoin was being billed as a p2p payment network. I have had plenty of experience waiting on international transfers for both work and personal reasons. It's always a nightmare where you cross your fingers and close your eyes for a week and hope to have a happy ending that cost you a small fortune.

Try ordering a product from Bitmain with a wire transfer at the same time as you pay with Bitcoin and you will never doubt Bitcoin's usefulness again.

Exactly I try ordering a spare key to my car from Nissan and the key was to be shipped from abroad, even though I was charged high shopping fees for the order I still have to wait for 2 to 3 weeks for my wired transfer to get processed and it took another 4 weeks for my shipment to get to me and this experience led me to question a lot of things and how bitcoin could have provided a better faster option to the fiat currency. Most people who are aware of Bitcoin are no longer using the bank for international transfers anymore due to the delay and high fees Bitcoin can easily be used as a better alternative.

We know the benefits and utility but not always the case with fiat since wire transfers could neither be instantly processed but there are indeed cases which clearing out funds
does really take a lot of time which means that you would really be needing to wait a little bit further unlike when you do make use of crypto which it do really confirms out fast
which it could fasten up the transaction but the main question on here is that, not everywhere where merchants do accept crypto payments which make these things not to be
available most of the time.

We dont have any doubts about its utility since it could really do the job well but considering its decentralized then you could really expect that government
wouldnt just simply allow for this thing to flourish out.

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Quote from: OgNasty on July 23, 2022, 04:23:35 PM

I think the best free education on Bitcoin comes from having to use fiat for international transfers. At least that's what I used to think when Bitcoin was being billed as a p2p payment network. I have had plenty of experience waiting on international transfers for both work and personal reasons. It's always a nightmare where you cross your fingers and close your eyes for a week and hope to have a happy ending that cost you a small fortune.

Try ordering a product from Bitmain with a wire transfer at the same time as you pay with Bitcoin and you will never doubt Bitcoin's usefulness again.

Exactly I try ordering a spare key to my car from Nissan and the key was to be shipped from abroad, even though I was charged high shopping fees for the order I still have to wait for 2 to 3 weeks for my wired transfer to get processed and it took another 4 weeks for my shipment to get to me and this experience led me to question a lot of things and how bitcoin could have provided a better faster option to the fiat currency. Most people who are aware of Bitcoin are no longer using the bank for international transfers anymore due to the delay and high fees Bitcoin can easily be used as a better alternative.

Zanab247

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I would not blame the newbies because they are misinformed. I am aware how some people so hype some cryptocurrency new projects that it can make one to be rich, it has much profits, with all this information newbies have in mind too that bitcoin can also make one to be rich , not getting to know that bitcoin is more about hodling.

That is why they are newbies because they don't take time to know more about Bitcoin and how it can help someone to improve in the areas of business or family in the community. Bitcoin is different from fiat money because government are the one that is controlling fiat money in a particular country. But Bitcoin is not control by any countries in the world, it can pump and dump at any season without taking any permission from the government before it can dump or pump.

sunsilk

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Quote from: bitzizzix on July 25, 2022, 09:30:52 AM

Quote from: sunsilk on July 25, 2022, 08:54:29 AM

That will never be gone, that taboo on their minds about bitcoin will remain unless they start earning and owning bitcoin.

They don't have it and that's why they think that it's something negative and they shouldn't touch it by any means. But take it an example when they've become a holder of it.

For sure, they'll be one of those people that will defend it from the folks that have been the same as them before who are telling bad things about bitcoin.

Most people are afraid of what they don't understand and are also afraid of change, and it's human nature that we all blame at some point in our lives.
we all have missed amazing experiences or opportunities because we are not open to change or try something new, at the same time, this trait may have saved our lives too.
and the problem is not many people know the functions and advantages of bitcoin because bitcoin will be useful for those who believe in bitcoin, otherwise they will not care even if they do there will definitely be mistakes because it is not based on sufficient knowledge which ends up hating.
bitcoin will be just right for those who are self aware and aware of their amazing functions and benefits to them. Ignore those who don't care or hate because we will know that eventually they will realize as we know the popularity and growth of bitcoin continues to grow and develop.

And that's the right reaction for things that they don't know, they'll feel a need to get far away from it to set boundaries and since they don't have full knowledge about it. What they're willing to hear is all about the negativities that the others are spreading about it and that's making them more confident.

It's okay to not do new things because they've probably bad experiences in doing new things online.

I'm done ignoring those that have made fun of me when I've told them the opportunity that they can take for investing bitcoin earlier, yeah, that's before the bull run that happened last year.

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I would not blame the newbies because they are misinformed. I am aware how some people so hype some cryptocurrency new projects that it can make one to be rich, it has much profits, with all this information newbies have in mind too that bitcoin can also make one to be rich , not getting to know that bitcoin is more about hodling.

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Quote from: sunsilk on July 25, 2022, 08:54:29 AM

Quote from: worle1bm on July 24, 2022, 11:50:46 PM

Quote from: sunsilk on July 24, 2022, 05:35:54 PM

Those people you've shared your knowledge about bitcoin will remember you but those that don't appreciate it, will just have to ignore everything that you've said.

And soon, when the price of bitcoin rises again.

They'll start to remember you and everything that you've said. We all know about it when we're in a bear market, interest decreases but when the bulls started to come in, all of them becomes interested.

There are many people who ignore understanding about bitcoin because they have in their mind some pre-assumptions about it that it's scam or something due to some negativity around but those who wish to understand about it will always ready to learn and appreciate your efforts for it.So you just need to focus on the positive aspect only and ignore all those who demotivate you because btc is best.

That will never be gone, that taboo on their minds about bitcoin will remain unless they start earning and owning bitcoin.

They don't have it and that's why they think that it's something negative and they shouldn't touch it by any means. But take it an example when they've become a holder of it.

For sure, they'll be one of those people that will defend it from the folks that have been the same as them before who are telling bad things about bitcoin.

Most people are afraid of what they don't understand and are also afraid of change, and it's human nature that we all blame at some point in our lives.
we all have missed amazing experiences or opportunities because we are not open to change or try something new, at the same time, this trait may have saved our lives too.
and the problem is not many people know the functions and advantages of bitcoin because bitcoin will be useful for those who believe in bitcoin, otherwise they will not care even if they do there will definitely be mistakes because it is not based on sufficient knowledge which ends up hating.
bitcoin will be just right for those who are self aware and aware of their amazing functions and benefits to them. Ignore those who don't care or hate because we will know that eventually they will realize as we know the popularity and growth of bitcoin continues to grow and develop.

sunsilk

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Quote from: worle1bm on July 24, 2022, 11:50:46 PM

Quote from: sunsilk on July 24, 2022, 05:35:54 PM

Those people you've shared your knowledge about bitcoin will remember you but those that don't appreciate it, will just have to ignore everything that you've said.

And soon, when the price of bitcoin rises again.

They'll start to remember you and everything that you've said. We all know about it when we're in a bear market, interest decreases but when the bulls started to come in, all of them becomes interested.

There are many people who ignore understanding about bitcoin because they have in their mind some pre-assumptions about it that it's scam or something due to some negativity around but those who wish to understand about it will always ready to learn and appreciate your efforts for it.So you just need to focus on the positive aspect only and ignore all those who demotivate you because btc is best.

That will never be gone, that taboo on their minds about bitcoin will remain unless they start earning and owning bitcoin.

They don't have it and that's why they think that it's something negative and they shouldn't touch it by any means. But take it an example when they've become a holder of it.

For sure, they'll be one of those people that will defend it from the folks that have been the same as them before who are telling bad things about bitcoin.

Leviathan.007

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Regarding teaching bitcoin for free to other people, I can see I already did it and saw the result just less than a year after that. I had a friend he has some economic problems and couldn't save any money because of the infraction rate and food prices, so instead of giving him free money or browsing him some money with could be worthless for him, I started teaching him about investing and bitcoin in save time now after that he is completely independent and most interesting part is he even started to teach bitcoin to other people for free and that's the shining part of the story for me.

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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.

The world won't adopt bitcoin as a solely decentralized currency. There are many regulatory barriers that prevent bitcoin features exercised as a whole, and some people just carelessly put bitcoin within a centralized entity. As a matter of a fact, it could explain why there are some institutions that treat bitcoin as non-fungible.

And yet we will see that CBDC will beg to differ.

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.

Based on my experience, it works best to simply let people find the practicality and use cases of the bitcoin itself, that way, it sparks their curiosity to comprehend what bitcoin actually is.

Mr. Magkaisa

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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.

Explaining bitcoin to people depends on the person who has knowledge of bitcoin if his intention is personal, for sure the money will be include for this matter who will get interested in bitcoin. But if the intention of a Bitcoin enthusiast is to teach people for free he will explain it without spending money. Instead, what he will show is only the features and usages that will be beneficial if they use Bitcoin, just simple as that.

In addition, even though we are currently in a bear market, this is not an obstacle for us to provide ideas or knowledge to anyone who is open-minded in this matter.

worle1bm

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Quote from: sunsilk on July 24, 2022, 05:35:54 PM

Those people you've shared your knowledge about bitcoin will remember you but those that don't appreciate it, will just have to ignore everything that you've said.

And soon, when the price of bitcoin rises again.

They'll start to remember you and everything that you've said. We all know about it when we're in a bear market, interest decreases but when the bulls started to come in, all of them becomes interested.

There are many people who ignore understanding about bitcoin because they have in their mind some pre-assumptions about it that it's scam or something due to some negativity around but those who wish to understand about it will always ready to learn and appreciate your efforts for it.So you just need to focus on the positive aspect only and ignore all those who demotivate you because btc is best.

n0ne

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With the existence and the increased usage of smartphones, every level of people are well used to bitcoin. This is happening through different cryptocurrency usage applications with the user friendly interface. Only thing lacks is the real understanding about the market and about the technology that is holding the network.

Most of the common people who get into the market doesn't have any prior knowledge, just because of the money making possibility they enter the market. This is good, but they should understand the risks too. Because, unknowingly the investment made could experience a big loss out of fluctuation the next minute.

sunsilk

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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.

Those people you've shared your knowledge about bitcoin will remember you but those that don't appreciate it, will just have to ignore everything that you've said.

And soon, when the price of bitcoin rises again.

They'll start to remember you and everything that you've said. We all know about it when we're in a bear market, interest decreases but when the bulls started to come in, all of them becomes interested.

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

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.

Yep. Sadly, some people invest in Bitcoin because they are influenced by a sweet story from someone who succeed to be rich by investing in Bitcoin. Those people don't care about their knowledge related to Bitcoin, they are in hurry to invest because they want to succeed as well. They just realize that investing in Bitcoin isn't so easy after they bought Bitcoin and hold it for several days or weeks. Usually, these types of people are easy to panic once there is a huge FUD, they do panic selling and exit immediately.

Well, it is very pity that many people aren't aware of their knowledge and don't focus on learning before investing, they only focus on counting the possible profits to get if Bitcoin price can increase significantly. They don't realize that Bitcoin price is unpredictable.

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.

In what way do you educate people?
TBH, I am still difficult to choose a proper way to educate people around me. Most of them aren't interested in Bitcoin because they heard too many negative issues about Bitcoin. Even, some people think investing in Bitcoin is the same as gambling.

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Quote from: Findingnemo on July 24, 2022, 01:49:38 PM

Quote from: jakelyson on July 24, 2022, 01:16:58 PM

Quote from: Findingnemo on July 24, 2022, 07:16:52 AM

IMO, we are the one who is complicating the bitcoin to an average joe because they already know how to use money so if they are supposed to spend bitcoin they can and they will but the volatility of the bitcoin is making it more of an investment and speculative asset over the currency. And then its not really mandatory for everyone to know the technical knowledge of cryptocurrencies just the basic understanding of decentralization is more than enough.

It is not enough that they just understand how to use it but also how to protect their bitcoin and other crypto. In the last bull run, many of the new crypto users are losing their crypto to scammers because they are giving away their private keys. We cannot keep new users to keep using bitcoin and crypto if we do not educate them properly. It is the least we can do to make sure that bitcoin will continue to grow.

People fell for scam mostly due to their greediness and ofcourse due to technical hacks but majority of them are falling for high return fake investments which is not only for Bitcoin but for the whole thing so called money. I beleive once they enter into the field they will get better because we are not actually going to give our credit cards to anyone so the same common sense had to be here as well.

This is true, but I also believe that many newbies fall for the scam because of ignorance or lack of "experience." The reason being is that there are many ways to run the scams. For example, they may not understand the importance of their private key or seed phrase, or maybe they just don't have a good grasp on cryptography. Don't be the victim of a scam because of this. You should understand the risks involved and take steps to keep yourself safe and secure. And, knowledge is power; the more you know, the better you can protect yourself.

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Quote from: cryptomaniac_xxx on July 24, 2022, 03:00:57 AM

I guess it's better if we hear someone approaches us and really interested about bitcoin and maybe we can teach that individual.

But as far as putting efforts and going out and telling the public about it, yeah I agree that it's better not to do that, as we all know that they might have built their idea on bitcoin already and it might not be positive. And the thing is, individuals also like to put blame on someone specially if they fail. So if by chance they lost their investment because they thought it's a get rich scheme, then perhaps you will get a bad rep and the blame is on you.

That's true, if there is a person who would love to learn more about it, then it would be much simpler to talk to them because they would be interested even before you start to talk and they would listen and learn a lot better that way. However, we are talking about something that is much better in the long run if we could do something that would teach everyone, like a blog.

We have A LOT of websites that talk about bitcoin of course, but if we could make things simpler, like seriously simple, with images to show how things are done, then we could talk about not only what bitcoin is, but what you could do in the crypto world as well and that would get a lot of clicks. Faster and better than just talking to one person.

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Quote from: jakelyson on July 24, 2022, 01:16:58 PM

Quote from: Findingnemo on July 24, 2022, 07:16:52 AM

IMO, we are the one who is complicating the bitcoin to an average joe because they already know how to use money so if they are supposed to spend bitcoin they can and they will but the volatility of the bitcoin is making it more of an investment and speculative asset over the currency. And then its not really mandatory for everyone to know the technical knowledge of cryptocurrencies just the basic understanding of decentralization is more than enough.

It is not enough that they just understand how to use it but also how to protect their bitcoin and other crypto. In the last bull run, many of the new crypto users are losing their crypto to scammers because they are giving away their private keys. We cannot keep new users to keep using bitcoin and crypto if we do not educate them properly. It is the least we can do to make sure that bitcoin will continue to grow.

People fell for scam mostly due to their greediness and ofcourse due to technical hacks but majority of them are falling for high return fake investments which is not only for Bitcoin but for the whole thing so called money. I beleive once they enter into the field they will get better because we are not actually going to give our credit cards to anyone so the same common sense had to be here as well.

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Quote from: Findingnemo on July 24, 2022, 07:16:52 AM

IMO, we are the one who is complicating the bitcoin to an average joe because they already know how to use money so if they are supposed to spend bitcoin they can and they will but the volatility of the bitcoin is making it more of an investment and speculative asset over the currency. And then its not really mandatory for everyone to know the technical knowledge of cryptocurrencies just the basic understanding of decentralization is more than enough.

It is not enough that they just understand how to use it but also how to protect their bitcoin and other crypto. In the last bull run, many of the new crypto users are losing their crypto to scammers because they are giving away their private keys. We cannot keep new users to keep using bitcoin and crypto if we do not educate them properly. It is the least we can do to make sure that bitcoin will continue to grow.

Quote from: Luzin on July 24, 2022, 08:33:59 AM

Quote from: Kakmakr on July 24, 2022, 06:47:57 AM

The thing is this :

1. Bitcoin Volatility are drawing in the wrong people, because speculators and profit hunters are attracted to high volatility... because it provides for an opportunity to make huge profits. Roll Eyes

I am very sure, if the novices come because of this problem. Even I used to be interested in BTC because its Votality can make us profit. Maybe if only small traders will not make the market volatile. But the whales can certainly direct where the market will go.

It can also be a factor to drive them out of crypto though. Once they fail to realize their profit or got rekt by volatility, they will immediately lose interest in bitcoin.

Quote from: Luzin on July 24, 2022, 08:33:59 AM

It seems difficult, if indeed they already have an evil nature. Because wherever it is bad people are always there, they sometimes also have more knowledge than good people. So I think it's natural that in an innovation there are always things that are not good there.

Anything can be used in good and bad. Do not blame the technology, blame the user. that is why we need to educate the new users so that they can protect themselves from bad individuals using bitcoin and other crypto.

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Quote from: virasisog on July 24, 2022, 12:47:29 PM

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Quote from: Kakmakr on July 24, 2022, 06:47:57 AM

Bitcoin Volatility are drawing in the wrong people, because speculators and profit hunters are attracted to high volatility... because it provides for an opportunity to make huge profits.

Due to excessive greed of some people, they make various negative comments after investing which is not relevant with Bitcoin. Due to ignorance, people are influencing only one aspect of Bitcoin, accept its multi-dimensional uses, which have a negative impact on Bitcoin. We should all know about the necessity of learning Bitcoin, its advantages and the potentiality. A consequence of this, everyone will know about its usage and authenticity as well as it will be recognized all over the world.

People have misconceptions about Bitcoin because they don't have complete knowledge about it. They're even unaware of its real purpose and function. That's why sharing awareness about Bitcoin around us will be a big help. Most people only see it as an investment without even knowing that it's volatile and has risks so once they fail, they throw negative things about Bitcoin. If more huge businesses would accept Bitcoin in the future, people will see its worth.

If someone do hear up about bitcoin then its either they had read it up online or just simply been hyped by someone or some friends you do have and its whether for an individual on becomes interested or not.

Of course there would really be always some first impressions and neither you have learnt or gain up those information by yourself or been introduced by someones.When you arent really that enough
been explained that much then you would really be thinking up negatively but those things would make out sudden u-turn when you do see that it has really that money making opportunity.

Explaining Bitcoin on other people arent that bad but it would be depending if they would be showing some interest because if not then i wont really waste my time on explaining into them.

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Quote from: Kakmakr on July 24, 2022, 06:47:57 AM

Bitcoin Volatility are drawing in the wrong people, because speculators and profit hunters are attracted to high volatility... because it provides for an opportunity to make huge profits.

Due to excessive greed of some people, they make various negative comments after investing which is not relevant with Bitcoin. Due to ignorance, people are influencing only one aspect of Bitcoin, accept its multi-dimensional uses, which have a negative impact on Bitcoin. We should all know about the necessity of learning Bitcoin, its advantages and the potentiality. A consequence of this, everyone will know about its usage and authenticity as well as it will be recognized all over the world.

People have misconceptions about Bitcoin because they don't have complete knowledge about it. They're even unaware of its real purpose and function. That's why sharing awareness about Bitcoin around us will be a big help. Most people only see it as an investment without even knowing that it's volatile and has risks so once they fail, they throw negative things about Bitcoin. If more huge businesses would accept Bitcoin in the future, people will see its worth.

Topic: Educating people on Bitcoin for free - page 7. (Read 4060 times)