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Topic: How will you teach bitcoin if someone does want to know coming from you? - page 4. (Read 675 times)

legendary
Activity: 1904
Merit: 1000
I was ask if I could teach what bitcoin or cryptocurrency is all.about. Since, I am.not.knowledgeable in technical.part then I may have some.difficulty on explaining it. All I know is that bitcoin has volatility in terms of.its market price and this is the only thing I can share with the guy.

I just want get ideas from you guys on where to start teaching the guy. Should I start on joining exchange?, creating Wallet?, how to transfer btc?,

Bitcoin is indeed a complicated technology. Is there any chance that this all could be done easily or simplied? Could you suggest that to me. Post your replies and thank.you in advance.


You don't have to tell in detail to someone who wants to learn bitcoin. Very basic things will be enough and if he wants to learn more, you can ask him to join this forum or search via google about all the things that are needed. Luckily, we are living in the internet era like now where we could learn almost everything just from our own home.
full member
Activity: 952
Merit: 104
Bitcoin is indeed a complicated technology. Is there any chance that this all could be done easily or simplied? Could you suggest that to me. Post your replies and thank.you in advance.


You should not put yourself into stress on how you would explain to him about Bitcoin.Just point out this forum and he would definitely find all the important things or
informations connection to Bitcoin itself.

Even just having a simple google research will already be enough to search up on what are the things he do really need to learn.



That's right sir this forum are the best way to learn about in crypto related matters from understanding important of bitcoin until the technical education how bitcoin working as currency.
sr. member
Activity: 1330
Merit: 326
Here's how would you explain bitcoin in an easiest way to others.

>Bitcoin can become an investment to everyone because of it's price volatility.
> It can be used as an online transactions/payments and without in need of the third party.

If you will explain something like blockchain technology to them, they will just get confused and will easily get lost. Try to say some useful things first before the deeper part of the bitcoin.
hero member
Activity: 2268
Merit: 789
You cannot force someone to learn about something especially if they are uninterested/disinterested about it. But if you are really determined and passionate about it, you can show them your proof that you really earned income during your investments on bitcoin.

The problem with cryptocurrencies (in general) is it has this stigma due to media being portrayed as a medium for illegal activities. But in all honesty, the results will be the focal point in order to influence others. Most people already benefitted from its high volatility making it as a short-term investment.

Bitcoin in itself, is relatively complicated to explain especially to a beginner. There are a lot of infographics and videos explaining bitcoin to the simplest way possible and they can start from there in order to understand the technology which powers this revolutionary payment method.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
You said it yourself, you do not have enough knowledge about bitcoin. You should not be teaching him. You can only introduce bitcoin to him, that is all. Let him find someone that can better teach him about it because when he starts asking questions, you might mislead him.
You can still teach someone even if you don't know everything about Bitcoin. OP could pass the basic stuff he knows to the person he wants to teach and let him continue from there. Imo it's not too hard to explain if OP can make it simple and only cover the main parts.

This may sound bad but this was the easist way to explain bitcoin to others because people do always love to listen when it comes to money talks and earning oppurtunities  . infact this was also my method to encourage others to join bitcoin and bitcointalk but unfortunately all of them are just plain lazy  . they stop doing everything after an hour or a day   .
It sounds bad because it is the wrong way to introduce someone to Bitcoin but if it works then that's fine. To me the reason why it's wrong because they might explain it the same way to others and those people could think Bitcoin is only used for earning.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I should think that you should first brush up on your own knowledge about Bitcoin, before you start teaching other people. You might confuse people more or even give them the wrong information, if your own knowledge about Crypto currencies are lacking.  Wink

I spend several hours a day watching Crypto currency related videos on YouTube and I also bought several books on the subject and most of my time I spend time researching new things about Bitcoin on this forum.  Wink

Take the time do to some research, it is well worth the effort.  Wink
full member
Activity: 983
Merit: 100
It's good before introducing Bitcoin to everyone, from ourselves we already know what bitcoin is, already understand what bitcoin is and how to play it, display our income from bitcoin
so that everyone can believe a little, start implementing bitcoin and talk in detail what bitcoin is so that everyone who hears it can start believing, and participate in playing bitcoin
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
Just begin with the most interesting aspect: Tell the students that it's a currency much greater than the proud American dollar. That a single Bitcoin is currently worth more than $5,000. Don't forget to rub it in that in 2017, it was worth close to $20,000. This should captivate the interest of anyone. It did to me. And that was even when Bitcoin exchanged for $750 in 2017.

Also, you can add the asset part of Bitcoin to your tutorial.
full member
Activity: 714
Merit: 114
Tell them about making money opportunity from bitcoin from the investment side.


This may sound bad but this was the easist way to explain bitcoin to others because people do always love to listen when it comes to money talks and earning oppurtunities  . infact this was also my method to encourage others to join bitcoin and bitcointalk but unfortunately all of them are just plain lazy  . they stop doing everything after an hour or a day   .


I hope before you explain, you already know how the investment work so you don't have trouble to explain.

Indeed .  this sounds easy but most us failed with it  . they encourage other people to a wrong investment project  and they will both loose at the end  . some encourage other people to join crypto but they dont state that crypto is too unstable . as a result , many people blame crypto and crypto gains a bad reputation .
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Tell them about making money opportunity from bitcoin from the investment side. I hope before you explain, you already know how the investment work so you don't have trouble to explain. Then you can explain how to create a bitcoin wallet. You can use many Bitcoin wallets as a sample. You can also explain about creating a bitcoin wallet in his Android phone because many of us using wallet from our phone.

After those 2 lessons, you can try to explain the transaction. Make it easy and don't make him confused about the fee because that is the most problematic from my friends who are still asking me. You can say about don't bother with the fee because it will adjust by itself and you don't have to think about how much fee I should use. You can also explain the confirming of the transaction too, and if you want to receive the funds in a short time, then you need to use a higher fee.

Don't try to explain the exchange to details because it could cause him to confuse or complicated because it needs more times to explain. Don't forget to remind him that he needs to study by himself so he can find what he wants. You can also teach him with use sample as for the lesson so he can understand the lesson and he can get the point.
sr. member
Activity: 1176
Merit: 301
Whenever my friends ask me to teach them about Bitcoin, I would tell them to study how to trade since it is the only profitable thing that you could do right now.
I never encourage them to buy Bitcoin or crypto, I always tell them to do it at their own risk.
I would always tells them that there is always a risk it is not a one way ticket to get rich because they saw my success on crypto.
legendary
Activity: 3472
Merit: 10611
if someone asks you "what is a car" will you need technical knowledge about how engines work or what the metallurgical process of forging and tempering the bumpers are? obviously not. it is the same with bitcoin too. you don't need technical knowledge to explain it. you just have to have used it yourself so that you can know what bitcoin is before you can explain it to someone else. but if you haven't done that then you will face problems because you don't know it yourself!
hero member
Activity: 1190
Merit: 500
There is no need to get all technical about it. Bitcoin is basically a currency  like FIAT, gold etc, but it is a completely digital currency which is decentralized (No government interference) in nature.

You basically buy and sell stuff with BTC just like any other form of money(FIAT, paypal, gold etc). This is a simple way to explain what it means.
simpler will better, they still don't know anything about crypto, so make sure you tell him the outer skin of bitcoin so they can understand. that means all you have to know is that bitcoin is like any other currency, only the form is different that is digital, but how to use it is the same as fiat that needs a bank, you need a wallet to use it. you can start with that
legendary
Activity: 2240
Merit: 1069
You said it yourself, you do not have enough knowledge about bitcoin. You should not be teaching him. You can only introduce bitcoin to him, that is all. Let him find someone that can better teach him about it because when he starts asking questions, you might mislead him.
jr. member
Activity: 225
Merit: 2
I was ask if I could teach what bitcoin or cryptocurrency is all.about. Since, I am.not.knowledgeable in technical.part then I may have some.difficulty on explaining it. All I know is that bitcoin has volatility in terms of.its market price and this is the only thing I can share with the guy.

I just want get ideas from you guys on where to start teaching the guy. Should I start on joining exchange?, creating Wallet?, how to transfer btc?,

Bitcoin is indeed a complicated technology. Is there any chance that this all could be done easily or simplied? Could you suggest that to me. Post your replies and thank.you in advance.


You may start teaching him by creating wallet and explaining how the wallet be used . Just like receiving and transferring btc to other users. When he is already good enough to in using his own wallet, start teaching him how to trade.
hero member
Activity: 1834
Merit: 523
If someone ask you about bitcoin you can give them video or tell them to watch videos about bitcoin and altcoins and the exchanges site and how to transfer.  Bitcoin is not hard to learn because Iearn from my self yes there is some people who help me when Im newbie but  now I have a lot of knowledge and for sure that's also happen for them.
hero member
Activity: 1722
Merit: 528
I just start with, it is a cryptocurrency.

I am not good with teaching anyone about anything but I do share my thoughts about it. When someone asked me in the past about it, I start with what I've said, and the continuous questions will start. If they are really curious or really want to know about Bitcoin, I can say that through the questions they are asking me and I will continue to answer and explain. If I can say that he is just asking me random questions about it, not really interested at it, I just answer some questions and refer him to some sites I've read.
hero member
Activity: 1274
Merit: 516
There is no need to be technical when you explain bitcoin to other people, you can explain bitcoin definitions from your experience, and you need a lot of knowledge to explain it to a new people so you don't confuse them, you need to learn about creating wallet, how many types of wallet, how to used, the risks, and explain what is the potential in the future, don't explain the volatility part to the new people because it will drives people away
full member
Activity: 546
Merit: 100
I think there is no technical and formal teaching of bitcoin it is actually as a fiat money like you use in everyday transactions. The only difference is you use bitcoin in online transactions and nothing different on what fiat money that you own and hold now. I think you don't have to tell him to do some reseach because there is so many blogs that does not true,just explain on your own words and experience.
sr. member
Activity: 742
Merit: 395
I am alive but in hibernation.
I will suggest you to start teaching by using standard books and text material.

Start with Mastering Bitcoin + some good articles from crypto sites + making them aware of all kinds of scam happen in crypto space will make a good course.
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