How to explain Bitcoin to your Granparents [InfoGraphic]

notlist3d

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Quote from: RealBitcoin on September 09, 2015, 12:35:29 PM

I think its pointless, the 2000+ generation is just lightyears ahead of the old generation.

The old folks cant even open up a PC, they dont even own one. I know some old guys who dont even have TV (not that I use TV that much, but atleast I got PC and internet).

They are hopeless generation, too dull and too old to learn. People after a certain age will not learn more. These guys will die, and then the new generation will fill their place who will move humanity forward.

And I don't want to discriminate by age. I can remember when I cut paper to allow only certain buttons to be pressed on the tv remote. I thought never would use a computer....

Luckily I am wrong and now grandparents on one side at least that can use computers. But on money it would be the same thing for a lot of grandparent aged wil not trust/use it. Part of it is if your at "grandparent" age you normally past your risky investment stage. At that point you normally take safe investments to make sure your nest egg lasts you for rest of life.

RealBitcoin

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JAYCE DESIGNS - http://bit.ly/1tmgIwK

-ME: Grandpa did you knew that the savings you put away in your 20's in that lockbox have lost 99% of it's value since?
-GP: What the fuck?
-ME: Yes it's called fucking inflation, and it's robbing the entire planet all at once
-GP: Ah man I better get some better way to store my remaining money
-ME: Try Bitcoin, it's unlimited-inflation proof.

blodeux

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I would say "Grandfather Satoshi, have you already forgotten you invented it?" Grin

RodeoX

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The revolution will be monetized!

Quote from: s1ng on September 09, 2015, 12:35:52 PM

" how do I spend it ? " , your grandpa asked
I will said," let me spend it for you, just sit relax , grandpa ..

lol

well Granpa, point your camera at that square and press send.

"Wat? When I was a boy nickles had bumble bees on them. Give me two bees for a dime, we would say." "Back then we wore an onion on our belt, which was the style. Of course we could only get white onions, because of the war...."

Ok Grandpa. Undecided

s1ng

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As long as our grandparents still know how to use money and internet, they probably can understand about bitcoin

Quote from: RodeoX on September 09, 2015, 09:51:08 AM

I would just say "Grandpa, Bitcoin is money."

" how do I spend it ? " , your grandpa asked
I will said," let me spend it for you, just sit relax , grandpa ..

RealBitcoin

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JAYCE DESIGNS - http://bit.ly/1tmgIwK

I think its pointless, the 2000+ generation is just lightyears ahead of the old generation.

The old folks cant even open up a PC, they dont even own one. I know some old guys who dont even have TV (not that I use TV that much, but atleast I got PC and internet).

They are hopeless generation, too dull and too old to learn. People after a certain age will not learn more. These guys will die, and then the new generation will fill their place who will move humanity forward.

notlist3d

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I wish it was this easy to show anyone bitcoin or other digital currency. But there are some that will just not adapt it, just is to far away from their "normal".

I know my grandparents will not be switching from fiat. I could do nothing to change this they just like fiat money. I had one who would not even get a credit card till a few years ago. Just believed in carrying cash and paying cash. It's a different generation with some people.

RodeoX

legendary

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The revolution will be monetized!

I would just say "Grandpa, Bitcoin is money."

oxiyusuf

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Bitcoin is a digital currency that you can send to friends and family using your computer or a smartphone. It's not controlled by a central authority and is much like a digital gold. Unlike fiat currencies, bitcoin cannon be artificially inflated and is much more likely to hold its value over the long term. i put this sentence from someone Cheesy

Denker

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I explained Bitcoin to several people of different ages if they asked me what Bitcoin is. Fact is for non tech savvy people it is really hard to grasp what it in total, even if you use simple analogies.
I also told my grandpa about it. He now understands that money outside of the physical world can exist and that it must not be controlled by authorities. But he is 79 now and is not able to transfer bitcoins.Way too complicated for him. He still uses a feature phone because he is having problems with swiping over a smartphone surface.

tiggytomb

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Yeah I think that this would be useful for anyone not just grandparents, it gives a general idea of what it is, there's nothing worse trying to explain to somebody and just seeing a blank expression on their face.

tonycamp

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yes also explain its decentrilized i mean thers no central gov or bank to put into the more than 50% of all pwoer to them soo it works into a work of us like 10 countrys are in top of all % of power its similar to the world

a7mos

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very simple infographic that can work with anyone not just old people

but unfortunately my grandparents died before the existance of bitcoin Cry

yummyransom

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That's a very nice infographic. I know they could actually understand the real meaning of bitcoin.

JanaBB

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Quote from: illyiller on August 15, 2015, 02:10:39 AM

To be honest, I'm not a huge fan of explaining it as a currency. I think of it more as something akin to digital gold. A decentralized store of value -- but one that can be divided easily and transferred electronically. It's backed by the network -- not the economy, per se.

I like this way:)

RealBitcoin

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JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: ikydesu on August 14, 2015, 03:55:13 PM

Actually this is like compared Bitcoin with Fiat currency, but it's worth to do Grin

Source: you can see on the pic Cheesy

Its not correct, the fiat money is not backed by "products, services and the economy of the issuing country", its backed by nothing.

The products and services would exist with any other currency, so the current currency can easily go and the products would be there (except for the chaos that would cause).

But if you`d switch DOLLAR into DOLLAR2 which would be the exact same characteristic currency with the same supply, it can be swapped and nobody would notice.

You cant swap BTC with LTC because people would notice and would not be happy!

Stargazer

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▰▰▰ Global Cryptocurrency Paymen

Quote from: tommorisonwebdesign on August 16, 2015, 02:17:03 AM

My grandparents would never understand the concept of bitcoin. They would never adapt it themselves. They are really traditional. Bitcoin is to be taught as mentioned to school aged children. I have a feeling Bitcoin is going to take over by 2020.

Same here. It's almost impossible to teach them anything based on computers and programming. To them every single electronic appliance works with a switch that triggers an actron. Using a menu to choose the things you want to turn on and off is impossible to comprehend.
You just have to understand that some people will never use computers and smartphones and they are using banks because they need clerks to process everything for them.

Blawpaw

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Explaining Bitcoin and digital currencies to my Grandparents can be a really difficult mission.

I have tried and today they already some kind of idea of what it is... but they sure didn't undestand it...

kevindurant

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That's a very nice, easy-to-understand infographic. Thanks for the share. I'll use it when I meet non-tech new people.

tommorisonwebdesign

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My grandparents would never understand the concept of bitcoin. They would never adapt it themselves. They are really traditional. Bitcoin is to be taught as mentioned to school aged children. I have a feeling Bitcoin is going to take over by 2020.

Topic: How to explain Bitcoin to your Granparents [InfoGraphic] (Read 1870 times)