Weird since fiat cash money is still mostly used in any country for illegal activities, give him the argument to stop using that as well?
And btc is used in any country for illegal activities, not just yours. Just show and tell your dad all the new start-ups there has been and the opportunities bitcoin brings. But then again, some people will never be convinced.
Topic: How to convince my dad that Bitcoin is a trustful currency ? - page 10. (Read 8987 times)
1. So, it's mainly because of the bad reputation of bitcoin in your country?
- I agree with the news articles. Show him how bitcoin is being used around the world. It is being accepted by legit shops/restaurants/services/transportation.
2. show him around the forum It's a way of earning in the internet by posting/answering questions/etc. Nothing shady about this.
3. Valuation in dollars would show it is not scam/useless/no value since it can buy goods,pay for services and can be converted to dollar/any currency.
- I agree with the news articles. Show him how bitcoin is being used around the world. It is being accepted by legit shops/restaurants/services/transportation.
2. show him around the forum It's a way of earning in the internet by posting/answering questions/etc. Nothing shady about this.
3. Valuation in dollars would show it is not scam/useless/no value since it can buy goods,pay for services and can be converted to dollar/any currency.
Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance
Thats a really hard situation though on which on how you gonna convince your dad since mature minds could really be hard especially when they know the certain stuff outside about bitcoins. If its already known in your place as being used on illegal activities then your daddy will surely prohibits you and you cant change that for sure. Better to keep this as a secret, keep saving and storing your bitcoin. Thanks in advance
i'd show him some articles that quote Bank CEO talking about "blockchain tech" and the quote from ben bernanke ( Ex US FED Chairmen )
he should be able to relate, to these poeple. the idea that every major bank around the world is talking about it, should help legitimize it in his eyes.
he should be able to relate, to these poeple. the idea that every major bank around the world is talking about it, should help legitimize it in his eyes.
Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance
Thanks in advance
Buy him something with the btc you are storing.
Convert the bitcoins into cash and show him the money.
If he still doesn`t believe just ignore him.
Tell him that it is owned by no one and everyone can use it. No one can shut the bitcoin network down unless they shut down the internet. No one can say "Okay, I want to stop this project now." and just make all of your bitcoin worthless. Just a note though, China holds the majority of bitcoins so you might want to keep that in mind. You don't have to trust bitcoins, you just have to use it. Ever since, people have doubt using bitcoin so I think it's only normal that your dad doubt it too.
You don't have to convince him... Just find a safe way to store them secretly. If you really want him to understand, you could try explaining him how usefull can bitcoin be or bring him to the forum.
but i think it also depend on the mind and concept of the person to whom you going to accept bitcoin, there are some kind of people who are really difficult to convince them while some people can easily be convinced, so it depend that on your father that what kind of person he is, but you can try to convince him by giving him so solid proof otherwise he did not got convinced he can even stop you from using bitcoin.
You don't have to convince him... Just find a safe way to store them secretly. If you really want him to understand, you could try explaining him how usefull can bitcoin be or bring him to the forum.
Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance
Thanks in advance
https://en.wikipedia.org/wiki/Bitcoin you can use explanation from bitcoin wiki or https://bitcoin.org/en/ site created by satoshi nakamoto, to explain to your parents, actually they will not read carefully if gives link, you need explain itself, but usually they have a lot questions related to technical works, especially with mining.
Or for basic knowledge, you can use this simple info graphic: http://thumbnails.visually.netdna-cdn.com/how-to-explain-bitcoin-to-your-grandparents_530de481e997d.png
Just talk to your dad about it. Show him what you've done, show him what you do to earn it, show him there isn't anything to be afraid of. It's all simple and not used entirely for illegal activities or goods, and you should be able to prove that to him relatively easily.
It's not a trustful currency, but ease his mind by showing him what you do and what you plan on doing.
It's not a trustful currency, but ease his mind by showing him what you do and what you plan on doing.
Maybe try showing him the performances of bitcoin investments. Usually elder people will get attracted to investment opportunities. You may show him by October 2015 bitcoin was trading less than $250 and now trading around $740. Approximately 300% growth in 12 months.
These links may help you to explain with proof : https://en.wikipedia.org/wiki/History_of_bitcoin
http://www.investing.com/currencies/btc-usd-historical-data
These links may help you to explain with proof : https://en.wikipedia.org/wiki/History_of_bitcoin
http://www.investing.com/currencies/btc-usd-historical-data
Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance
Thanks in advance
Just convince them you no longer hold the Bitcoin. That's probably best thing to do if you yourself don't have the ability to persuade them.
Just leave Bitcoin to those who want to use it and are intelligent enough to.
I have some advice for you :
1. Show him positive/good news about bitcoin, maybe show good services which accept bitcoin such as charity organization, IT company or Steam.
2. If he's not too old or quite smart, you should explain/show how bitcoin works.
3. If anything doesn't work, just pretend that you don't use bitcoin anymore.
1. Show him positive/good news about bitcoin, maybe show good services which accept bitcoin such as charity organization, IT company or Steam.
2. If he's not too old or quite smart, you should explain/show how bitcoin works.
3. If anything doesn't work, just pretend that you don't use bitcoin anymore.
Ask him why fiat is trustworthy and why is it used for illegal activities...
Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance
Thanks in advance
as franky stated you should point out the positives about bitcoin and this may change your dad's opinion
but I'm curious if you have a work or you still getting your money from your parents , cause if you are still getting your money from your dad then you shouldn't use bitcoin if he doesn't agree
at the end of the day even if bitcoin is being used 100% for good activities there is always the price factor , and your father maybe thinks that you are kinda gambling the money that he gives you
I do believe you will be forced to sell part of your coins directly to your father account, because words wont make he understand bitcoin at all, besides the fact that all money is used for good and bad things, its something your father know, fiat is used for ilegal stuff, media made bitcoin as dark currencie, good luck.
Honestly here in my country it is no a problem to tell it in my dad because he knows already that bitcoin was good but before he tell me that maybe i will be arrested soon or i will be scam soon this is what my daddy said to me before but when i was stay here in bitcoin 1 and half year until now he know right now that bitcoin is adopting so much since he is PC technician it is not a problem to know about bitcoin and the hardware miner..
find positive news articles.
alot of fiat lovers would trust bitcoin if they seen the government positive about it. where senators, ministers mention bitcoin positively
http://www.afr.com/technology/senate-committee-says-bitcoin-should-be-treated-as-a-regular-currency-20150731-gior3u
https://www.theguardian.com/us-news/2015/apr/10/rand-paul-bitcoin-presidential-campaign-donations
you could also search out local retailers that accept bitcoin.
then you can show him how many times FIAT has failed people
credit card hacks
pick pocketing
ransoms
thus showing bitcoin is a currency like anything else. its just not understood because its still early and has yet to grow
then give him about $10 of bitcoin and tell him not to use it. but instead hold it and check the valuation every few months.
when the price goes up ask him is it more then the 0.01% interest rate he would have got if he just had $10 in a bank account
alot of fiat lovers would trust bitcoin if they seen the government positive about it. where senators, ministers mention bitcoin positively
http://www.afr.com/technology/senate-committee-says-bitcoin-should-be-treated-as-a-regular-currency-20150731-gior3u
https://www.theguardian.com/us-news/2015/apr/10/rand-paul-bitcoin-presidential-campaign-donations
you could also search out local retailers that accept bitcoin.
then you can show him how many times FIAT has failed people
credit card hacks
pick pocketing
ransoms
thus showing bitcoin is a currency like anything else. its just not understood because its still early and has yet to grow
then give him about $10 of bitcoin and tell him not to use it. but instead hold it and check the valuation every few months.
when the price goes up ask him is it more then the 0.01% interest rate he would have got if he just had $10 in a bank account
In every country the bad guys are abusing bitcoins, not just in yours. But at this moment he looks Bitcoin only through that bad things and he's probably afraid that you would do something stupid too. Maybe it would be good to try to explain him what is Bitcoin all about with some simple language and give him some articles and studies about Bitcoin and other cryptocurrencies. But in a way that he wouldn't feel like yor are making pressure on him or try to look smarter then him. Take one step at the time and be patient.
Spoken from experience, I do not think there are much chances that a father will take advices regarding money from his teenage son.
You will probably have to wait a while, a decade or so, until he might be willing to consider your opinion as solid and found.
Of course you can try to persuade him with charts, facts and numbers, but I would be really surprised if he would listen to that.
You will probably have to wait a while, a decade or so, until he might be willing to consider your opinion as solid and found.
Of course you can try to persuade him with charts, facts and numbers, but I would be really surprised if he would listen to that.
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