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Topic: Introducing bitcoin is not that easy - page 4. (Read 7238 times)

hero member
Activity: 1568
Merit: 511
January 31, 2017, 09:54:54 AM
Yesterday was a research forum of thesis school project and I actually did introduce in our system about using bitcoin as a payment processor aside from paypal,visa, bank transfer or whatsoever. I actually do assume it that no one actually cares so expected things did really happened.

 However there is this one jurry stated that bitcoin is really prawn to money laundering and he ask if how would a certain business owner risk it and that made me realize that he is somehow right and that leads to other quedtion about the exchanger sites which follows KYc policies to prevent or atleast minimize the risk of money laundering however it violates also the main feature of bitcoin which is the anonymous transactions

Well, tbh its really hard, aside from people who are in the 90s who are maybe 30+ and above, even teenager who are young who have access to internet a lot might not accept it. Because its too unrealistic for them to believe that, something which is virtual do hold the currency value. I Did try to explain to my friends on bitcoin, the transaction, blockchain and so. But ya, base on many comments above, introducing bitcoin really ain't that easy. Perhaps you might introduce it to 10 people, but only 1 would buy that idea i suppose
member
Activity: 98
Merit: 10
January 31, 2017, 09:48:25 AM
Yesterday was a research forum of thesis school project and I actually did introduce in our system about using bitcoin as a payment processor aside from paypal,visa, bank transfer or whatsoever. I actually do assume it that no one actually cares so expected things did really happened.

 However there is this one jurry stated that bitcoin is really prawn to money laundering and he ask if how would a certain business owner risk it and that made me realize that he is somehow right and that leads to other quedtion about the exchanger sites which follows KYc policies to prevent or atleast minimize the risk of money laundering however it violates also the main feature of bitcoin which is the anonymous transactions

maybe the way you present in class less complete and attractive, that the problem of money laundering using bitcoin it may issue being aggressively addressed to bitcoin, so this pr for users of bitcoin is there a proper way to let go of the issue of bitcoin

maybe he presented it less complete, but if the jurry aren't familiar with bitcoin, then there's no doubt they won't understand it even he presented it very well.
hero member
Activity: 770
Merit: 500
January 31, 2017, 09:46:07 AM
If we say bitcoin equals money, then everyone will quickly understand. In my opinion, introduce the bitcoin is not difficult, depending on how we are talk. We recommend that you use a parable that bitcoin it equals money, so people will be interested to find and use it.
I love this idea. However, even if they understand about Bitcoin, they still doubt whether Bitcoin is really a type of currency or not because most of the tradition cash are paper but Bitcoin is the algorithm and based on computer and the internet. The lack of knowledge will lead us to many bad results and I do not think that 1% of them will agree to use Bitcoin
full member
Activity: 154
Merit: 100
January 31, 2017, 09:43:00 AM
I have ever experienced, introduce bitcoin not easy. they just think that bitcoin is the same with the deposit money then transfer or withdrawal the money. They do not think that bitcoin many benefits especially for investment.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
January 31, 2017, 09:36:47 AM
You presented a thesis about it to the people who doesnt even have a clue. Well, you did expected their response so there is no regret for you. But still that could have been a good chance. If only you just lifted up bitcoin as a means of payment to whatever "system" it is that you are working with then it could have been a better flow.

A simple introduction would do, just saying it is a like money online then they might understand. You're IT's you say, then they know the online world so that is the real easy way. Missed opportunity, try again next time. Oops! If there is one.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
January 31, 2017, 09:28:49 AM
Introducing bitcoin is really not an easy task! Many people will question you because they will think that this is just a waste of time and even worst they will say that bitcoin is a scam. You will need a very long patience on explaining it to them. Sometimes they will ask proofs if you have gained somethinh from bitcoin. These are my experiences when I introduce bitcoin to someone. I feel you brother! Lol!

That's right. I faced same problems when I have tried to explain bitcoin and how it works to people around me. But I have not succeed. Maybe mostly because of all my people do not know English so good. But I'm sure that every country already created their local bitcointalk site on local language.
Well, there are many countries which are not support by Bitcointalk in the local section and I do not think that the local boards are helpful to all of us. English is not a problem. I can easily translate things into my local language to help people fully understand Bitcoin. Unfortunately, they do not accept this currency because they scare of it. I do not know why but they do not want to involve in some things like Bitcoin. It is really weird. I can only convince my GF to use Bitcoin with me
sr. member
Activity: 323
Merit: 250
January 31, 2017, 09:25:34 AM
Yesterday was a research forum of thesis school project and I actually did introduce in our system about using bitcoin as a payment processor aside from paypal,visa, bank transfer or whatsoever. I actually do assume it that no one actually cares so expected things did really happened.

 However there is this one jurry stated that bitcoin is really prawn to money laundering and he ask if how would a certain business owner risk it and that made me realize that he is somehow right and that leads to other quedtion about the exchanger sites which follows KYc policies to prevent or atleast minimize the risk of money laundering however it violates also the main feature of bitcoin which is the anonymous transactions

maybe the way you present in class less complete and attractive, that the problem of money laundering using bitcoin it may issue being aggressively addressed to bitcoin, so this pr for users of bitcoin is there a proper way to let go of the issue of bitcoin
sr. member
Activity: 294
Merit: 250
January 31, 2017, 09:01:15 AM
Introducing bitcoin is really not an easy task! Many people will question you because they will think that this is just a waste of time and even worst they will say that bitcoin is a scam. You will need a very long patience on explaining it to them. Sometimes they will ask proofs if you have gained somethinh from bitcoin. These are my experiences when I introduce bitcoin to someone. I feel you brother! Lol!

That's right. I faced same problems when I have tried to explain bitcoin and how it works to people around me. But I have not succeed. Maybe mostly because of all my people do not know English so good. But I'm sure that every country already created their local bitcointalk site on local language.
member
Activity: 98
Merit: 10
January 31, 2017, 08:52:22 AM
I think they are afraid to try because they thought there is in an involve of money to invest but without knowing they can make money for free like what I have done almost a year, I only pay for electric and internet bills. If you really want to invite a friend you need to guide him all throughout the process until he learned the things he should know.

Exactly! Even how difficult bitcoin to understand is, if they are interested then they will learn bitcoin in a way like reading in the forums, searching in the internet. But if they don't like it, then it is more difficult one. It is very hard to understand especially if you don't like what you've doing.
hero member
Activity: 2464
Merit: 594
January 31, 2017, 08:41:51 AM
I think they are afraid to try because they thought there is in an involve of money to invest but without knowing they can make money for free like what I have done almost a year, I only pay for electric and internet bills. If you really want to invite a friend you need to guide him all throughout the process until he learned the things he should know.
member
Activity: 98
Merit: 10
January 31, 2017, 08:21:34 AM
Since bitcoin is not very popular to our country, maybe is it very hard to introduce bitcoin in many people.

The time when my friend introduced bitcoin to me, well, it is very hard understand as well, i have many questions about it. I don't know if im going to join here, if would i really understand about the used of bitcoin. Then suddenly, it appeared in my mind, that there's nothing to lose if im going to try, so i tried it because im curious. I saw here that i can catch some information the abouts if bitcoin through in forums. And i found out that through bitcoin, it will help us users to have freedom to share the ideas and also gain small extra income.
hero member
Activity: 1302
Merit: 508
Leading Crypto Sports Betting & Casino Platform
January 31, 2017, 08:02:53 AM
Bitcoin technology is completely different one, really it is very hard to explain. Many people asked me how to mine bitcoin, i explained to them very clearly about it. They said only answer to me is i don't believe internet currency.
sr. member
Activity: 1316
Merit: 356
January 31, 2017, 06:49:42 AM
We know that it is difficult to introduce bitcoin. If you always thinking that negative thoughts you can't introduced the bitcoin to others confidently but if you tried, you understand that it is ok. And I know the other reason why it is hard introduced bitcoin because they thinking in advance and asking to himself," what if they did not accept bitcoin". You know its ok but the important is you tried your very best of it and there is exact time for you.
hero member
Activity: 1764
Merit: 584
January 31, 2017, 06:30:37 AM
The difficulty in introducing bitcoin is one of the major hindrances of bitcoin being known to all. The volatility of it makes it look like a scam when you introduce  it to people who have no background in crypto. I myself thought way back in 2013 when I first heard of bitcoin that it is a scam.

Yeah it sure does make it sound like a scam. People would be thinking "But I can lose my money!" when they remember the last time prices fell. IMHO that's the hardest objection to get through. The average person don't really care about stuff like anonymity, they care about their money's security.
sr. member
Activity: 381
Merit: 250
January 31, 2017, 04:22:02 AM
Maybe there are some
people who are not familiar
in bitcoin have difficulty
in understanding how bitcoin
works but it is worth to introduce
it to them.
sr. member
Activity: 322
Merit: 250
January 31, 2017, 01:26:32 AM
I have bit of experience in this case because when i was noob in bitcoin then also people used to explain me so much still I couldn't able to grasp how the coin is and how it looks. And when I started to explain bitcoin to other guys then also he couldn't understand because its total different form of money and we have never encountered such type of money before so it takes time to know how the coin is.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 31, 2017, 12:55:12 AM
as op said, many people who argue that bitcoin is a means for crime it's true because bitcoin uses anonym system where no one knows the identity of the sender, despite of several articles stating bitcoin is also one of the means to police investigators / fbi to catch something big

it is sad if many people in outside just think that bitcoin is for crime without any explaining that bitcoin is like fiat that can use for good and bad thing. but if we take a look from news especially with the investing programs that using bitcoin, then maybe we need to make a clear statement that in that programs, they only use bitcoin as the payment and bitcoin is not created by them and they should responsible if bad thing is happen and they don't have to blame bitcoin for the mistake.
newbie
Activity: 45
Merit: 0
January 31, 2017, 12:50:27 AM
as op said, many people who argue that bitcoin is a means for crime it's true because bitcoin uses anonym system where no one knows the identity of the sender, despite of several articles stating bitcoin is also one of the means to police investigators / fbi to catch something big
legendary
Activity: 2954
Merit: 1153
January 31, 2017, 12:43:36 AM
I explained bitcoin to my relative and she asked: what if the boss behind bitcoin ran away..........................

Lol  Grin , you could have answered, you could have been a millionaire if you had witnessed it way back 2010. (Founder)

Introducing bitcoin to people around you is the most challenging job to have especially when people don't have any idea about the latest technology and in that case it will be really difficult to convince them or motivate them to start using bitcoins as they are not tech savvy then won't entertain bitcoins and would treat it as a waste of time and money.
The biggest problem is on how a lot of people still live traditionally
They really hard to accept any kind form of technology including bitcoin
So it's feel useless when you talking about digital money that could replace fiat money position
They think a technology just make things complicated but actually it's created to make your life easier.

We cannot force people to change view instantly.  It really needs time.  Same way Bitcoiners perception onf Altcoins.  Altcoin enthusiast cannot make this solid bitcoiners to change cards immediately.  It needs time and proof that Bitcoin is not what they think it is.



As I said Introducing Bitcoin is easy because of lots pf materials available in the internet.  The problem is the audience who is willing to absorb and adopt bitcoins system and concept.
full member
Activity: 210
Merit: 100
January 31, 2017, 12:32:30 AM
I explained bitcoin to my relative and she asked: what if the boss behind bitcoin ran away..........................

If it had happened, maybe it would've happened in 2013 when the price went over $1200 or even before. At this moment, he would have over $18 billions and.. I think it would be enough, wouldn't it? Just saying.. plus that Bitcoin's fall would probay make all the cryptocurrencies existing fall too, like a domino, and as soon as he would close Bitcoin and run away with all the money nobody will exchange it into fiat anymore, so it'd become worthless.
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