How to explain blockchain/Bitcoin to millennials - page 2.

unusualfacts30

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Quote from: Cryptogamee on May 28, 2019, 07:39:22 AM

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy? Anybody can give me some tips and answer for this?

Would appreciate it.

If anyone is interested enough, they can learn about blockchain on their own. Understand bitcoin and blockchain are not the same thing which is what most people don't understand but if you educate them on an enterprise that have embedded blockchain without bitcoin it will interest them to learn more about it.

xWolfx

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Quote from: johnmsenn on June 05, 2019, 08:19:02 AM

Woow, I get to this forum while looking some info about bitcoin in my country just for my interest to know what is it. I want to figure out how it works and have found here so much information
It turns out that bitcoins is developing so fast, and of course open new abilities to a lot of enterprenoure Huh

This is the right place to look. This forum is pretty old, i suggest you to first use the search option inside Beginners&Help and see if your doubts are solved. If not, you can easily open up a threat and make sure that your question is carefully explained there so it not only helps you but also anyone else that looks at it and needs/wants to know more about this movement or technology.

goaldigger

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Quote from: Cryptogamee on May 28, 2019, 07:39:22 AM

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy? Anybody can give me some tips and answer for this?

Would appreciate it.

Millenials have a broader knowledge in technology more than other generations and im sure there are a bit less explanation about technicals. The thing we should teach them now is about how crypto can bring us passive income and its possibility as an official currency in the world.

Questat

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Easy to explain to them as they are open minded and they love new technology.
You don't need to put a lot of effort explaining to them, give them the reference and let them study bitcoin.
Tell them to search in google,, watch youtube videos and that it s a lot resources already where they are learn if they are interested.
Also, don't forget to tell them that we have a great community here with this forum.

Vinalians

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Quote from: muratsink on June 05, 2019, 06:30:32 AM

Bitcoin is the future because Bitcoin always provides good service. safe, simple, easy and fast. Millennials generatipn will easy to accept blockchain technology. they are not primitive. and their lives are always with technology.

Bitcoin is also the future of all trusted digital payments and can be the way to prove a job to homeless people. Bitcoin can be the future of many establishments. So better to understand what bitcoin and cryptocurrency so that millennials have the knowledge when the right time comes.
Me I don't see bitcoin as complicated so I can explain to the millennials what can be the future with bitcoin.

Bes19

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It is easier to explain it on millenials since they were born on where technology has already risen. Why blockchain is the future? because it can be use in services even on elections. By the use of blockchain, we can avoid fraud. Why you shoud care and buy? By the use of blockchain, i can buy cryptocurrency like bitcoin with faster transaction and the reason why i buy cryptocurrency coz i can make money from it and i can be a millionaire one day lol

kissme09

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Not all of Altcoin's development on the Blockchain platform is the currency of the future. With Altcoin that receives support from the future Crypto community, it can be considered a replacement currency for FIAT, so choosing Altcoin as an investment option will help you make a profit.

alrose

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Quote from: Cryptogamee on May 28, 2019, 07:39:22 AM

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy? Anybody can give me some tips and answer for this?

Would appreciate it.

With the help of blockchain, you can completely get rid of fraud and corruption.Personally for me these 2 possibilities of this technology very much attract.

jakelyson

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Blockchain removes the middle man in a transaction which can be very costly and unreliable. It cannot be hacked so information stored through blockchain is very safe albeit it is in a public ledger. It can be used in a lot of industries which is why it is dubbed as the future.

indrakusumaindra

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Quote from: Cryptogamee on May 28, 2019, 07:39:22 AM

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy? Anybody can give me some tips and answer for this?

Would appreciate it.

Well just explain them what internet of things is and how blockchain are on it. You can teach them about a project of the coin that working on blockchain sector. Blockchain is a future cause many thing could be explained and blockchain is building trust and also the smart contract that would make anything easier without need a third party. And for your last questions, why should you buy and invest in blockchain? i would aswer it pretty straight, blockchain will be the future and still not be used and still in development so i do think its the best to invest on it on early stages cause it might bring a lot of profit for you.

johnmsenn

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Woow, I get to this forum while looking some info about bitcoin in my country just for my interest to know what is it. I want to figure out how it works and have found here so much information
It turns out that bitcoins is developing so fast, and of course open new abilities to a lot of enterprenoure Huh

buwaytress

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Quote from: waynechong1995 on June 05, 2019, 03:45:21 AM

I would say its a sidekick of existing monetary system, you have an centralized government that prints money, circulate for economy and welfare of humanity. Comprehensive yet flawed in some context, privacy is not great, yet accustomed to PEOPLE. Blockchain and bitcoin is the other hand does the opposite, not necessarily better but its a inevitable invention.Both are equally important and while most of the youngster did know about internet, its easy to explain the same distributed way of verifying transactions

The existing system doesn't need a sidekick to press the people down, not when it's got basically the entire world's recognised economies behind it and a horde of bankers and capitalists who need the status quo to continue enjoying their strangeholds, and to ensure their children after them have the same.

Definitely agree bitcoin may not do all things better - centralised works for some things - but it's not difficult to be better than the current system really.

Get millennials to understand first the flaws of the system. And then if they care, show them the Bitcoin alternative.

muratsink

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Bitcoin is the future because Bitcoin always provides good service. safe, simple, easy and fast. Millennials generatipn will easy to accept blockchain technology. they are not primitive. and their lives are always with technology.

Nolimitz84

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In view of the rapid development of technology,it is blockchain technology that will help speed up the automation of many processes and simplify the work with documents.The range of applications of this technology is very large.

waynechong1995

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I would say its a sidekick of existing monetary system, you have an centralized government that prints money, circulate for economy and welfare of humanity. Comprehensive yet flawed in some context, privacy is not great, yet accustomed to PEOPLE. Blockchain and bitcoin is the other hand does the opposite, not necessarily better but its a inevitable invention.Both are equally important and while most of the youngster did know about internet, its easy to explain the same distributed way of verifying transactions

lpoondy

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Quote from: derymakrt on June 05, 2019, 02:16:10 AM

Quote from: kreatge on June 05, 2019, 02:07:10 AM

All people will not mind to get extra money without much effort. And just so many newbies are looking at cryptocurrency, thinking that this is a quick money. But the truth is that this industry, like any financial market, requires training. I spent more than one month taking educational courses in binance and taklimakan to understand how best to start trading. We live in an age of high speeds and time is precious. But I'm glad I spent my time, because I know the work to pay off soon. And it is the blockchain technology that gives me this opportunity. So I will trust the cryptocurrency market more than the stock market

The reason for the popularity of cryptocurrency among millenials is that they allow you to make small investments. In cryptocurrency we should only that amount which we could afford to loose. And less fear of loss, people are more willing to invest in the crypto market.

The stock market fluctuates, but how rapidly the situation in the cryptocurrency market is changing is an amazing phenomenon that can generate very high returns in a relatively short period of time. If you know how to behave in the market

derymakrt

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Quote from: kreatge on June 05, 2019, 02:07:10 AM

All people will not mind to get extra money without much effort. And just so many newbies are looking at cryptocurrency, thinking that this is a quick money. But the truth is that this industry, like any financial market, requires training. I spent more than one month taking educational courses in binance and taklimakan to understand how best to start trading. We live in an age of high speeds and time is precious. But I'm glad I spent my time, because I know the work to pay off soon. And it is the blockchain technology that gives me this opportunity. So I will trust the cryptocurrency market more than the stock market

The reason for the popularity of cryptocurrency among millenials is that they allow you to make small investments. In cryptocurrency we should only that amount which we could afford to loose. And less fear of loss, people are more willing to invest in the crypto market.

kreatge

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All people will not mind to get extra money without much effort. And just so many newbies are looking at cryptocurrency, thinking that this is a quick money. But the truth is that this industry, like any financial market, requires training. I spent more than one month taking educational courses in binance and taklimakan to understand how best to start trading. We live in an age of high speeds and time is precious. But I'm glad I spent my time, because I know the work to pay off soon. And it is the blockchain technology that gives me this opportunity. So I will trust the cryptocurrency market more than the stock market

fitzhgu

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Millenials do not trust banking systems. Repeatedly, banks became the initiators of currency manipulation. While blockchain technology builds relationships according to the principles of openness. In addition, possession of Bitcoin or any other cryptocurrency allows you to immediately find their use. and what can shares? you only get income from them, but you can’t reinvest it

krewbfu

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Investing in the cryptocurrency market attracts millennials more likely because investing in a "familiar" is easier than trusting abstractions (stock market). Speaking about the familiar, I mean that young people are attracted to projects, attracts the history of Bitcoin, which, as if by magic, appeared on the market and rapidly became popular. The stock market plays by the well-known rules, and the cryptocurrency works as a kind of gambling bait

Topic: How to explain blockchain/Bitcoin to millennials - page 2. (Read 752 times)