Topic: Giving bitcoin awareness for easy adoption in my locality (Read 446 times)

It is because of such people that we feel so confident that the future is of bitcoin and cryptocurrencies. Stories like this are not only motivation for us but also we get lesson to spread the awareness to our near and dear ones and to our surroundings.

But not all wives will be immediately interested in bitcoin or something else, especially if they are still not used to receiving various kinds of information from us or from outside. But indeed, it will require a long process and we must continue to provide more understanding or explanation about bitcoin if it concerns our family's future. But usually, a woman who becomes a wife will focus more on her household life and handling her household life; before that is over, they will not touch things outside the household. But that will depend on each woman.

Women knowing bitcoin and trading actively in the market brings joy because they won't be dependent clause. Acknowledging Bitcoin and its entire operation is balance and achievable only if the right information is given to the masses. Women knows and are always interested in the things that will bring profits into their pockets. Most women like doing or taking higher steps ahead of their partner inother to fill in the adage "anything a man can do, a woman can do better" always proving that women can equally suit in to whatever task a man performed, perhaps not all the cases.

a good step to introduce bitcoin to women (as I see in the photo) because women have good instincts to invest in this, when my wife first introduced  to what bitcoin was, she was immediately interested in knowing more and without my knowledge he learned how to easily buy bitcoins from our country's currency. but this isn't too sure that it applies to all women. I think it takes a long process if it's not from the family sphere
success is always for you in introducing bitcoin to all circles

Ms Sharon will certainly have a less hussle transaction if she will pursue with bitcoin mode of payment. But let's see if his business transaction partner will also be trustworthy enough knowing everything can be scammed online but i really hope so its not gonna happen. However, i have seen positive outcome with this short meeting with other local merchants and once everyone will understand completely about bitcoin, the next thing will be an application and that would be the most exciting part of it, as it could promote bitcoin awareness to all the neighborhood.

It’s a great feeling to see that there are really those people who have huge faith in in bitcoin and they will do everything to spread awareness and share everything they have obtained from bitcoin. Kudos to these people who are very positive and are very reliable in promoting bitcoin. I just hope that this will be a successful venture and that local merchants around will also become enthusiastic with bitcoin too. Please post more updates OP because this kind of story will bring more positivity especially to those who have lost faith in bitcoin.

I can imagine how joyous the lady in the story Ms Sharon would have been for been able to process her payment without any hassle. This is one of the pros of bitcoin in the business sphere- enabling seamless transactions. I believe that her perception of bitcoin as a scam would have changed after that day and then she would go on to become a bitcoin proponent to her friends. One other good side of this is that, it is a way to get the female folks into bitcoin which is usually harder than one thinks. You have done great @OP. I am hoping to see a follow up to this story.

This is another great step for bitcoin indeed. With this, when this transaction succeeds, it will lead to open  for more bigger transactions in the future with the use of bitcoin. As long as both partners can be trusted, because obviously the risk of scamming is still high, then bitcoin awareness will increase even to other local merchants.

Awareness is the start of the process.  It is best that @OP presented Bitcoin in a convincing manner since first impressions last.  If @OP touches the interest of his listener and the listener become curious, then they themselves will give way to accessibility, capability, and preference.  People are adaptive, those who failed to adapt died long years ago.


We all know the answer to this.  Transitioning doesn't happen in one day or a year, it takes a long time.  Even government-issued currency doesn't stop in operation abruptly when the government released a new design of the note.  Besides, there are few merchants that accept Bitcoin and we are lucky if we find one in our local market.  This is the reason why people are still using fiat.  And honestly I do not think that people will stop using fiat currency anyway.


Bitcoin network is ready for it and these small steps will gradually become a big step where Bitcoin can harmoniously co-exist with fiat currency.

I don't think that talking to locals about Bitcoin will be the easiest part, for we must ensure them about what we are going to talk about. Moreover, not all of our locals will understand easily this technology. Some people may also be not interested in such a thing because it is a non-physical thing. this is what I am experiencing so far, there will be always a debate about this, moreover because this is very new for them. That is why it is always difficult to ensure to them and talk to them about Bitcoin. If we have been successful in ensuring them and we have enough time to talk and explain to them about Bitcoin and its advantages, some of them precisely become interested in Bitcoin and willing to invest as we have. but, this is also a dilemma thing because we don't need to suggest they invest because this is too risky if they don't really know the exact investment in Bitcoin. The risk is about when the price keeps dropping, will they be ready for that? We need to ensure and tell them that there is a phase of Bitcoin to be in this bearish market and then prepare for the bullish era where the price keeps rising up. And if it is about getting more money and becoming ready for the risk, they may be more easily to invest after understanding the Bitcoin investment itself.

In addition to what you mentioned, there must also have a way for them to integrate BTC into their financials either by providing it as a means for alternative payment; or by using it primarily as their payment. In either cases, this involves using BTC as the medium of payment for their services/products on their respective businesses.

Though some might argue that this only involves a handful amount of people, but the fact that business owners are starting to adopt and adapt the use of cryptocurrencies is definitely a positive note that is welcomed in any time of the day.

In all of these the easiest part I think is talking to the locals about bitcoin. It is easy to educate them about what bitcoin is and all what not. The hardest part which I see is having them open their first wallet,
or buying their first bitcoin or explaining to them that bitcoin price is so volatile that they shouldn't expect to see any massive gains in 24hours. This is the hard part -
helping them to unlearn and relearn what they already know.

Making them aware won't be enough to persuade them on using this technology. Their accessibility, capability and preference would be the bottomline. Many people are aware of the potential of this industry as well as its advantages over fiat but why are those people still using fiat? Because it is more convenient on a daily basis; not everyone owns a crypto and even if they do, they'd have guilt on using it on a daily basis because of the potential profit it has, from holding and waiting for the market price to go up. We are simply not ready for it yet as long as the market is showing high level of volatility which could generate profit, people won't be using it as a normal currency for normal transactions.

You have to start from somewhere and you had people come through for you congrats, though I expected to see a younger crowd as they are more drawn to tech related stuff and all... And I know for certain people love freebies try infuse this in your next seminar/come together for better numbers   But am guessing these women could be involved in some kind of trade and you want them to leverage the power of the blockchain

Just wondering what tools OP is using to spread the word because it's easier to do this graphically say using a projector etc and have your presentation going this way without much effort...

Otherwise Respect to you OP you have taken the first step to your thousand mile journey...

It is definitely possible for these business people to welcome the new idea and implement it in their business.  I do think that the reason they are there and listening to your lecture is that they are looking for an alternative mode of business payment where they can send international transactions without any hiccups, problems, or high fees.  Aside from that one of your listener as you mentioned is already tired of the difficult process he experiences using fiat currency so there is no doubt that they will be interested in using Bitcoin to ease the burden of their business payment system.



With a proper explanation and guidance, I do not think that it will look crazy or difficult for them.  Besides you can also show an example of business that accept Bitcoin as mode of payment so it isn't new in the industry at all.

This could help many people, great job OP.
I believe we should also do this if you are confident about your knowledge with Bitcoin, just make sure not to force them and just share correct details about this one. Don’t make any hype with Bitcoin just share every facts. The government institution should also do this one because they can reach many people if they want to, this can also prevent being a victim of a scam project. I really like this initiative and I hope OP can go further.

I am sure that this process will not be easy, especially to convince and attract them to want to know and learn about Bitcoin. Moreover, if I see, most of them are mothers, who may have less consistency. However, if they are really serious, their efforts can be extraordinary.

Introducing Bitcoin to the surrounding environment does need more effort. Not to mention if there are some people who in fact don't like you or Bitcoin itself. There will be a possibility that one day you will get some criticism or problems by them. On the other hand, teaching like this needs consistency both from you and from them, interesting and easy-to-understand explanations, and correct understanding of investing in Bitcoin. In my opinion, do not first or do not ever promise things that become their extraordinary expectations such as getting very high profits from Bitcoin. Because if they don't meet their expectations, you will become the target of their anger.

but beyond all that, keep it up,,,, mate.

Government regulations whether they do allow or would really be prohibiting is something a huge factor which would really affect the overall relevance of Bitcoin or crypto as a whole on the said vicinity.
For people who are really that serious on spreading out awareness about Bitcoins existence then it would really be part of their initiative to accept it out onto their businesses or simply
trying out to speak it up into other people but its really that something you do let adoption and recognition would really play itself because the more years to come is the key.
As long the demand would stick out then it would be understandable that it would really be showing off some progress.

You should know how to select your words when discussing,especially with people you don't know. From your own perspective, you think I did this for what ? I am someone who learn or follow up any latest trend in wherever I find myself. There is a say that 'when you are in England act like an English man and when you are in Rome act like a Roman'. I derive pleasure when i see forum member teaching or spreading bitcoin awareness outside the forum, which I don't want to be left out,since this forum is mainly on bitcoin discussion and teaching bitcoin. The gathered is like that because I wasn't the one that set up the place,I don't stand for long due to some reasons best known by me and that was why I had to sit down to make me comfortable. The class was more of a discussion class and not writing, I taught them in my local language which if I write,you will not even understand what I wrote. Must I use a board before I can talk sense into peoples head No,they are adults,all I need to do is to give them a copy of what I wrote. My name is Merit Sonya and I can't hunt for merits,my husband wealth is enough for me till death. I am happy about what I did and that's all.

If people will always work hand in hand to spread on the awareness of bitcoin, well there may be easy adoption in the long run, but of course with the government supporting it. I just hope those learnings about bitcoin will get even spread more if they continue to share it to other customers too, thus rapidly increasing the people’s awareness and the growth of users of bitcoin. Great job.

The learning method is boring, only a theory is said with unclear intonation. If teaching only includes words of understanding, those who start listening will feel bored and they may not even understand what is being taught. There should be a better teaching system with theory as well as practice, concise and clear. otherwise, the introduction of bitcoin would have been in vain.
I would also feel bored sitting in that room for a few hours just listening to stories I can't understand. OP needs to be more creative in raising awareness about bitcoin.

First of all congratulations and good luck for future engagement with bitcoin tutoring. Secondly, bitcoin should be treated as general currency which will make its adoption faster to genen real public. If we try to portray it something out of this world then it may happen that people won’t be accepting it right away. New comers should be taught with step by step information regarding bitcoin which will give space to digest everything and process everything with high case usage. Hope you continue to do this and make bitcoin better place.

Nice step you took to be with the old people to discuss bitcoin, you did well but why are they just reluctant and feeling unconcern,maybe they are not understanding what you are saying,since there is no learning or writing materials which they were suppose to use to keep them busy. This is a poor method of teaching bitcoin,you would have motivated them by standing and showing them some pictures of bitcoin.

I am not discouraging you or criticizing you but I need to tell you the truth,next time be looking more like a teacher and act like one,I know that it isn't easy to talk to people about bitcoin. Old and young people needs bitcoin awareness not only the young. From 45yrs down can learn about it and invest in bitcoin,moreover all the whales are within 30yrs of age to 50yrs.

True, it all depends on the government of the country whether it gives legal permission for Bitcoin to be used as legal tender or not.
If the country legalizes I don't think it would be a bad idea to publicize Bitcoin's adoption and acceptance as legal tender or tender.
What's more, if there are many crypto fans and users in that country, it will be even easier to spread the news and even the public will welcome it enthusiastically.
It is very different from where my country lives which does not legalize Bitcoin as a legal tender or means of payment, but my country still legalizes Bitcoin and crypto only as investment assets and nothing more.

This is actually great. Information campaigns about bitcoin and how they can make the most out of the technology besides how profitable it could be is more than enough to ensure that a handful of people from your local will switch. It came in great timing too that your Mrs. Sharon came to you asking for advice (I guess) on how she can maximize her profits amidst the high transfer fees and the pressing bylaws that her bank is giving her. What I would highly suggest you include in your seminar, if you haven't yet is how to setup wallets and stuff that would allow them to own and transfer bitcoin so the change is made seamless for them.

I know this work is not easy to do, especially among people who still think that fiat is the main thing they need to meet their daily needs. The target market in disseminating Bitcoin information may be for anyone, but maybe we also need to pay attention to environmental conditions.

I mean, for example, take people with an average monthly income and direct them to be able to invest little by little. So it's not just introducing Bitcoin, because a sweet explanation is not enough. They may hear nice things about investing long-term profits and then getting rich. Is it really that simple? while the long process of twists and turns in facing a bear market to survive in it also needs to be emphasized very well. The sweetness of the bitterness of a fluctuating asset investment is not the same as a stable gold investment.

I've done Bitcoin-related learning a number of times, and what I've learned is that before giving Bitcoin material the questions that should be asked are: What made them interested in Bitcoin? 9 out of 10 people answered "big profits and riches". It turns out that we can't guarantee all of that, with the characteristics and goals of getting rich quickly being the main things I always hear from them.

It depends on your country and the legality of bitcoin.
If your country and its government legalize the adoption of bitcoin as legal tender then surely your move to spread the word about bitcoin will impact some of your audience. But if it's the other way around, they should probably think twice before adopting.

But for personal matters, they may not need to announce that they have used bitcoin to pay customers or process foreign payments even if bitcoin is not legal as means of payment in your country.

I really appreciate people who are really eager to educate people regarding cryptocurrency. It's true that it's really difficult to grasp the idea of cryptocurrency at first and even if you've been into crypto for so long it's a continuous learning process. Not everyone has the patience and perseverance to teach newbies about crypto. It will be great if many business owners learn about cryptocurrency and how can it be used in their business. It's true that it's a struggle to transact overseas, but with cryptocurrency, it can be done easier since no third-party is needed.

I can only see woman here in the picture and precisely older women , however it's a good thing that you are trying in your own little effort to create more Bitcoin aweness in your area, but I would advise next time you engage more on the younger ones both Gender, because this are the people that will need Bitcoin most in the future and will be able to understand whatever you teach them better.

 And too here in some part of Africa, using Nigeria as an example, most women within this age are not that exposed to technology, doesn't even know what is internet and how to operate smart phones.

This is a good move OP. You did well by putting them through on bitcoin but looking at them, do you think they were able to assimilate what you taught them. The ladies are looking elderly and you know elderly women find it difficult to play cool at such when it comes to technology and innovation of such magnitude, they find it difficult to adapt very fast but anyways you have done well OP. I hope you did tell Sharon and the others on the best safe and secured way to store their coin and possibly how to identify their wallets and private keys so as not to get confused when they see it. Telling them about the market will also be good because they would need to know how it works. Nevertheless, OP has done well onboarding new members irrespective of their ages, the to can onboard their children if they can be able to do so.

They don't look interested to me  , as expected, are you from Nigeria OP? Those women outfit is why I asked, older people are the hardest to lecture about crypto and Bitcoin, it's most times a waste of your precious time, I will rather spend my time with I.T students and Youths, they listen and do some digging themselves.

This is a good move to have awareness on bitcoin and your initiative on doing this is really good but can you also put photos on your lessons? or like how do you give awareness on them like any proofs? As others posted like a whiteboard with Bitcoin definition all over it since you just take a photo and some sort of just talking things. But again continue doing this (if you are really teaching or spreading awareness)  as for sure there are women/business women will try to integrate bitcoin on their business or they want to invest and hold bitcoin

Nice move and kudos to you for contributing you own bit in promoting bitcoin adoption..

But I am particularly concerned with the fact that we can see the faces of the student ,(though their faces are shaded with black marker for privacy reasons obviously) but we cant see the face of the teacher him/herself, or an image of him/her standing while teaching, neither can we even see the blackboard, or papers where your teachings are outlined...

Sorry for being so blunt, but for all i know, this could be women gathering and doing their own thing, you take a picture of them and share it with us here and claim you were teaching them bitcoin, for no other reason but to fish merits - like i said earlier, i am sorry for being so blunt, and maybe i should also apologize for have a different opinion from the others ..
Am open to being proved wrong though.

OP i understand your desirous mind towards bitcoin adoption especially in areas where needed and close to you but let's be professional a little in what we do, you cannot just come up with having a snap on people's pictures we don't know the aim or major purpose for their gathering and assume to be for bitcoin and still yet expecting us all to believe you whereas no any trace or evidence to prove that this indeed is a bitcoin discussion session you're having with the people, nothing showing bitcoin, the settings does not look like a learning ground, no teaching aid materials, nothing than people's pictures sitting in a disorganized manner, common wake up, this is a large and well reputed bitcoin community and we know what people are upto.

There are a lot of fabricated stories these days on bitcointalk just to get Merit, I am not discrediting your efforts if you are really sincere, but this looks looks like one judging from the picture evidence that you provided OP, It is simply not sufficient, there is no enough evidence on the pictures to really proof that you were having a discussion about bitcoins with these women alongside the young boy and girl in the pictures with school uniforms which can easily be spotted just by looking closely.

The women in those pictures look to be waiting for something and not interested in anything else.

For future sake and for others reading this post whenever you trying to make a topic about how you created awareness concerning bitcoin, please be sure to provide enough picture evidence so that we are certain that your story is credible.

I don't think the faces are crossed out enough to be beyond identification if needed, and initially I thought the black lines were some sort of fancy equipment, but other than that, great job, op. It's wonderful that you're helping your local community learn how to use Bitcoin as payment, and it's cool that the audience is women, who tend to be underrepresented in business, in tech, and most likely in Bitcoin usage as well. Adoption of Bitcoin by merchants is important to promote the actual usage of Bitcoin as money, rather than holding or trading. I hope at least some of the businesswomen will get interested and give adoption a shot.

Sure, it will sound crazy at first, but when they understand what Bitcoin really is, they will surely find it fascinating.

In any case, spreading the Bitcoin culture in the local community is important and necessary. At first, you will face some difficulties, but with time all problems will be resolved.

But it will not be so easy, especially if bitcoin is illegal in your country, you should pay attention to this important point because they may cause you a lot of problems in the beginning because it is a new experience for them.

It is good that you alerted them to the dangers of holding bitcoins on centralized exchanges, and it is necessary to alert them to the importance of preserving privacy as well.

Yes you are right,the foreigner has been doing business with her for two years now, but due to the change of bank policy it made it difficult for her to pay through the normal way she do pay him. He is trust worthy as I asked her all these questions. She is with her goods now.

you did the right thing. And I know exactly what kind of difficulty we have when we explain bitcoin to people who are completely new to bitcoin. Sometimes we have to explain with a parable or make an example or illustration so that it is easy to understand.

but one more difficulty that we all sometimes encounter in our daily lives when someone asks about bitcoins. that is, when the person asking is really behind in digital technology knowledge. usually the person is elderly (old).
However, we must explain in a language that is easy to understand. if possible then teach directly with direct practice.

I saw they are sleepy, maybe you are a boring lecturer 
Jokes aside, spreading bitcoin adoption among business owners is a great step. I think now your friends/colleagues now know how bitcoin can affect their daily transactions and how much they can save time, money and effort by using bitcoin. Plus they can avoid some legal issues while making international transactions.

Sharing knowledge about bitcoin and giving them an awareness of what bitcoin is is a good sign that the people there in your locality are willing to learn.
I want to start that in my area starting with my relatives but upon checking the vibes here, it's not applicable here. That's why whenever I see folks doing their own share for bitcoin, I'm happy and just cheer you guys with the positivity that you're doing.

I am always happy to see devoted people I. This comm6that are ready to spread the news to people around them about what it entails to be a Bitcoin holder and also learn some prerequisite steps that would safeguard us as an investor. Thee are different ways we can inform people about Bitcoin as a cryptocurrency so that the news and more people will keep being informed.

 Promoting Bitcoin is a good thing to the community and that would change people's mindset about the contrary things they might have heard about Bitcoin entirely. Before I came across what Bitcoin really does, I usually thought it was like a ponzi scheme where they do lure people to invest and at the end people could lost there money. Different people with different views. This will make a positive impact.

That's really great to see people working to spread the usage and the need of bitcoin and cryptocurrencies. People are participating with good interest which is the best part. Already there were people spreading the word about bitcoin and one more gets added to the list. Doing needful thing without expecting anything is really great. Maybe what is being shared and taught will surely make these people have life changing experience in the coming years.

You have made a great move by giving these people fresh knowledge about Bitcoin for those of them who are just hearing it for the first time I am sure in one way or another they might have heard about it but this might be their first physical lesson about it.
Since you have narrowed down the importance to them and how it works... I also assume you also taught them about security and if they eventually want to start accepting it on their small business, you, they should know how to protect themself from theft, the best wallet to use. and they should also be aware of crypto up and down price, for most of this market women all they care about is profit when they see their coin reducing in value, they might sell out of panic, some of them might end up harassing you that you introduced them to something that made them lose money...   

First, you did a great job helping Mrs. Sharon successfully pay her vendor from overseas. But most of these women seem not to be interested, so I advise that you don't compel them to accept Bitcoin payments like you or Mrs. Sharon. If only a few among the others find it more interesting, you can further the knowledge so that you don't get blamed for any loss those who don't agree with you may incur.

OP, You taught them about the consequences of using Bitcoin, but it seems you didn't mention to them how Bitcoin volatility works, which is something you also need to educate them on. They should be able to decide how to manage their capitals in times of volatility; although businesses may require such volatility to take advantage of a market surge, if there is a downturn, they can incur losses too. So either they are converting to local currencies after sale.

I hope you succeed introducing all these retail merchants to bitcoin. There are many potential adopters there, as I can see.

As I understood your bank forbade using credit card for international transactions, so you can't import goods anymore. Then your friend contacted the foreigner supplier and he answered that bitcoin payments are accepted. Is that correct?

If so it's already great news. You just have to make sure this supplier is a trustful businessman, but to import goods through Bitcoin can be a great idea and a great way to introduce all those merchants immediately!

These people you see with me are into various businesses, two women among them happens to know me and we do support each other financially,for the growth of any business that is facing challenges. Mrs Sharon is the lady sitting at my right hand side,she own a boutique which she sells unisex wears. She came to me guest house to discuss about how difficult it has been for her to be able to pay her customer oversea for the goods she bought through her master card,which she got from her Zenith bank. I told her that CBN is changing every policy and that there has been a block on international transactions on every master card, and that international transactions online will no longer be possible,only if she will go to her bank for them to provide an alternative way.
 While I was still explaining at length for her to understand properly, I noticed her focus on the bitcoin payment payment which I post on the wall of the reception and bar that says I accept bitcoin payment.

She asked me that what kind of payment method is btc,that she has heard of it on social media and from someone that said bitcoin is a scam. I told her little about bitcoin but she couldn't concentrate on my explanation because she was worried about her goods and she left. I called her that evening and advised her to go to her bank the next day to rectify the issue, I also asked her to call her customer abroad,if he accepts btc payment. I called her the next day and she told me that she was on her way to my guest house from the bank with a friend. Finally, when they arrived,she told me that her customer customer oversea accepts bitcoin payment. She also said her bank couldn't attend to the issue due to much customers and told her to come back the next day. I was relieved when I heard this and I told her that everything is over and she will be able to pay her customer with btc,that it is faster,safer and reliable than the banks but she couldn't believe me. I took my time to explain to Sharon how come about btc,and how I started accepting it as an alternative means of payment in my business. Her friend paid more attention listening and they were also asking questions,which I was given them answers. After seeing what Mrs Sharon is passing through with her bank,it has become a challenge to her business and I know that so many other business people will somehow pass through this situation directly or indirectly. I told her that as business people, we are to follow the new era of digital currency payment method which is done online and adopt it in our various businesses.

I put her through on how to buy btc and how to setup a wallet, she paid her customer and got her goods. She now has a bitcoin holdings. After some days,I thought of how Sharon will always be buying btc with fiat to maker her payment for her goods overseas. So I said let me use this opportunity to spread and teach bitcoin awareness to people in my locality starting with businesses people. Since Mrs Sharon is in a union with business people in her area,I decided to call her an tell her to see if she can talk to them that there is a new development in business,that she has already arranged with someone that will come and teach them about bitcoin,to enable them benefits from it,so that they might consider accepting it as an alternative payment method in their business if they are OK with it. Sharon did as I directed her and informed are business colleagues, the women concluded that for the meeting to be possible, I need to come over to their community because of their busy schedule with their businesses, which I accepted and a date was fixed by them. On the appointed day,when I got to Sharon's place she made calls and within 30 minutes,I saw these people,who said for now they are the only ones who wants to hear what I have to introduce to them.

They took me to this room for the meeting, I chose to carry everyone along for proper understanding by using our local language.I chose to givethem about bitcoin awareness first and teach them the basics of bitcoin concept,so that if any of them is interested to apply it in their business, then I will teach them how to get a wallet and how a buy and receive bitcoin.  If ther e is any interested person among them I have planned to teach next about how to secure their btc safely in their business either by accepting or buying bitcoin in my guest house next.

What I taught them about bitcoin

what is bitcoin
Bitcoin is a digital currency that was launched in 2009, and was created by Satoshi Nakamoto and his group. It is a decentralized and uses peer-to-peer payment system,which prevent third party, institutions and governments when making transactions.

why was bitcoin created
To serve as an alternative means of payment so that people will be free from central control system and giving a common man the capacity to control his funds through a decentralized system.

usefulness of bitcoin
- it is used to pay for goods and services either locally or overseas,in this part Mrs Sharon was they case study which she explained her experience in paying with bitcoin to her customer.
- It can serve as a part time job for traders who are into trading of btc.
- It makes transaction easy and faster.

Importance of bitcoin
- Inflation cannot affect bitcoin, if you have your savings in btc during inflation, if fiat currency depreciates,btc still maintain it's value.
-Btc has a volatile nature, which can make you a quick rich person in a twinkle of eye,if the price hits the bull market at a very high place. The price can also go down and you might be discourage in it.
- You will be the one in total custody of you btc,by becoming your own bank and nobody can trace or know when you are making a transaction because transactions is added to the blockchain.
- It gives financial freedom,i.e banks and government can not have access to your funds or freeze it.

Consequences of using bitcoin
- If you leave your btc in an exchange, you will surely lose your coin,you need exchanges only when you want to trade. You can only leave funds that you can afford to lose in an exchange. The reason is not your key,not your coin.
- If you btc is not properly secured in your wallet,it can be stolen by hackers.
- If your seed phrase does not have a proper back up,if you forget your password, you have lost your assets.
- You can also lose your coin when you mistakenly send it to a wrong address. Btc sent can't be reversed.

Do you think it will be possible for these business people to welcome this new idea and implement it in their business ? Wouldn't it look crazy to them ?