Introducing bitcoin is not that easy - page 8.

revans

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Quote from: Dudeperfect on January 28, 2017, 03:29:21 PM

Yes I agree with this point. Even while discussing it with friends or explaining them about bitcoin is not an easy task because we have to tell them from level 0 as they usually don’t have any idea about what cryptocurrency is all about and making sure that we don’t misrepresent or misguide them is the most important thing IMO. I am sure more and more people would hear about bitcoin and then it will be easier to explain them.

I think we need to keep things simple at the initial stage and should not show them the technical aspects of bitcoins and should show them how can they earn money with bitcoins and can convert those bitcoins to real money as everyone loves extra money and this may attract them to start using bitcoins.

divyam_94

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Really its not that easy to introduce bitcoin as a bitcoin is itself a very large and widely spread in the online market!! Also its rules and process are also very hard to understand for a new person.

Dudeperfect

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Yes I agree with this point. Even while discussing it with friends or explaining them about bitcoin is not an easy task because we have to tell them from level 0 as they usually don’t have any idea about what cryptocurrency is all about and making sure that we don’t misrepresent or misguide them is the most important thing IMO. I am sure more and more people would hear about bitcoin and then it will be easier to explain them.

ManOnTheMoon

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Quote from: sportis on January 28, 2017, 03:24:00 PM

Quote from: abel1337 on January 28, 2017, 12:50:45 PM

Yes I agree, Introducing bitcoin to someone is not easy enough especially if you introduced it into closed minded person and a person that is not willing to learn about bitcoin. I'm surely they won't learn it.

I am pretty confident that trying to introduce someone in bitcoin is difficult. There were two times in the recent past I tried to speak about bitcoin and one I was taking part in a meet up which organized in the auditorium of a university with two or three speakers. It really depends from the age, culture, education and familiarity with internet and computing. The most skeptical are people in middle age or older with little or no experience with the web and computing who believe that the real money must have physical substance ie the paper banknotes. On the other side students at first "sth they had listen or read" but they had many questions and they were willing to do their own research.

Yes and youth will surely adopt bitcoins and will try to learn more about it as they are very much tech savvy and want to learn new things but that doesn't goes with the older generation as bitcoin is totally new for them and they may find it hard to use bitcoins and will prefer to go with fiat or credit cards.

sportis

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Quote from: abel1337 on January 28, 2017, 12:50:45 PM

Yes I agree, Introducing bitcoin to someone is not easy enough especially if you introduced it into closed minded person and a person that is not willing to learn about bitcoin. I'm surely they won't learn it.

I am pretty confident that trying to introduce someone in bitcoin is difficult. There were two times in the recent past I tried to speak about bitcoin and one I was taking part in a meet up which organized in the auditorium of a university with two or three speakers. It really depends from the age, culture, education and familiarity with internet and computing. The most skeptical are people in middle age or older with little or no experience with the web and computing who believe that the real money must have physical substance ie the paper banknotes. On the other side students at first "sth they had listen or read" but they had many questions and they were willing to do their own research.

rainingbitcoins

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Quote from: abel1337 on January 28, 2017, 12:50:45 PM

Yes I agree, Introducing bitcoin to someone is not easy enough especially if you introduced it into closed minded person and a person that is not willing to learn about bitcoin. I'm surely they won't learn it.

Yeah even I have faced the same problem with the people around me as when I told them about bitcoins they were simply not interesting in knowing it as they had fear of loosing their money in it as they feel that bitcoin will not survive in a long run and rest of them found it complicated.

abel1337

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FOCUS

Yes I agree, Introducing bitcoin to someone is not easy enough especially if you introduced it into closed minded person and a person that is not willing to learn about bitcoin. I'm surely they won't learn it.

PokemonFun

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Introducing in bitcoin is very hard because it takes too much time and we cant see all informations about bitcoin in one place in short amount of time.It is easy to understand what is bitcoin,how we can use bitcoin,why bitcoin is better than paypal,fiat money,skrill,neteller,payeer or any other wallet.The most hardest thing to understand about bitcoin is for me mining details and also things like bitcoin blocks and that things confusing me.Also number of blocks which mining giving when we have mining equipment confusing me.Also I dont know alomost nothing about which type of equišment we need for mining and how to trade with bitcoin and altcoins like a pro is also new for me.

digaran

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🖤😏

Never try to force your opinions and ideas to people and expecting them to follow, when people want nothing to do with bitcoin let them be.
Not every one use their brains when comes to really using their brains Cheesy

they are too lazy to calculate and compute what's really going on.
I have trouble understanding the whole thing myself, but I do get and can see the bigger picture.

Kprawn

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Quote from: chixka000 on January 28, 2017, 12:26:42 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

I hope it's not Kprawn Grin

[highlighted part] Roll Eyes

On a serious note, most money laundering in the financial world is done with cash and other payment options. Will Bitcoin make it easier?

Nope, not if it's use is regulated through the 3rd parties that has to adhere to KYC/AML regulations. {Payment processors & exchanges}

The governments are already targeting mixer services and also Alt coins with more anonymity features built into the protocol to prevent

this scenario in the future. Sad

virasog

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Quote from: erickkyut on January 28, 2017, 06:16:21 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!

Maybe a year or two ago, this can be considered as a difficult task but not now. Those who say bitcoin is a scam just show then the current value of bitcoin and ask them how a scam be worth so much dollars.
I just give them example of how i am earning through bitcoins and that is enough for them to be convinced.

Invester

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It was funny when I tried to introduce and inform some of my office mates about bitcoin. First thing they told is beware of it because it's a scam. These damn hyips and ponzi schemes taking advantage on crypto anonymity is damaging bitcoin and crypto's growth.

Golftech

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Quote from: Superways on January 28, 2017, 11:52:27 AM

Introducing bitcoin is much easy all it require that we do not show the ways of illegal to other while teaching them about that. It actually teach to ill minded people about the ways of crimes. If we teach them about the positive features of bitcoin then they will start to work positively in bitcoin.

correct mate if we can introduce those good uses of bitcoin and the big possibilities that by holding it they can earn good profits for sure interest will gather their mind and start reviewing those potentials just lessen the bad info about bitcoin people always looking for opportunity so why not let them check btc as well.

Superways

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Introducing bitcoin is much easy all it require that we do not show the ways of illegal to other while teaching them about that. It actually teach to ill minded people about the ways of crimes. If we teach them about the positive features of bitcoin then they will start to work positively in bitcoin.

marketone

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Bitcoin is really is not understand able to people who don't have any knowledge about internet, even though we show them price variation and charts about bitcoin still are confusing about it. I tried to explain many people about it uses they keep on annoying me without any intention to learn.

cryp24x

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Quote from: novemberwoah on January 28, 2017, 02:20:23 AM

Quote from: e-coinomist on January 28, 2017, 01:48:20 AM

Quote from: lionheart78 on January 28, 2017, 12:41:34 AM

Introducing Bitcoin had been easier than before. There are lots of written documents and presentation that tells about it. Even case studies on Bitcoin. So i do not think that introducing it is that difficult. What difficult is, making people understand what bitcoin is, persuading them to use it instead of the traditional payment processor. It is the interest of people that is hard to get in my opinion, but still this case depends on how well you have played your aces here.

In depth knowledge should not be targeted for on a newbie introduction. There is some footage on Youtube that is presentable, and flipping through some several websites like Bitfinex et. all. should transport the picture of "something big incoming"

For the curious some Question & Answers section following days afterwards makes sense to me. Learning curve, timespans and all of that.

I think it will still be very difficult to introduce bitcoin. In developing countries and are unfamiliar with the system would be very difficult to make people believe with bitcoin, because they already have a real doctrine that bitcoin has many risks. I've also tried to introduce a bitcoin to some of my friends in the community, but they know bitcoin for drug transactions and a lot of scam so it is not safe, although there are some who are interested but most claimed are not interested. I think most people need to see proof that they believe in, and it was very difficult. But I'm sure as time goes bitcoin will be able to take sympathy of many people.

You are already talking about adoption of Bitcoin. We are just on introduction. As what you qouted said, it is easy to introduce Bitcoin since there are already documents and presentation in the internet from basic to advance explanation to make them know the all abouts of bitcoin.

Zadicar

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You did a good thing man on trying out to explain bitcoin to anybody but just as expected they wont really not show any interest and as you said theres one who made such interrogations on which you cant really argue since its the truth on bitcoin which it would really be used on money laundering.

Gotottack

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About the OP, bitcoin is truly something innovative and hard to grasp as of yet. But I think the better argument for you when you were asked the question is that, fiat is also susceptible to money laundering. In fact, it is much more susceptible to laundering as it has been perfected through time. Another fact is that fiat is in reality untraceable unlike bitcoins which has the blockchain for its transactions.

ASHLIUSZ

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Quote from: Wowcoin on January 28, 2017, 06:26:34 AM

Yeah its not that easy to introduce bitcoin, you have to make sure everything is very clear and presentable to the perso that you've been discussing. You must explain the importance of bitcoin and be an example of what you have experienced in bitcoin earning as well as its comfort to transact with.

As mentioned one cannot easily make others understand what bitcoin is all about. For a real understanding or teach someone about bitcoin as well other digital currencies better planning is a must. Also in that you should have a sketch to describe its acceptance and the potential. This makes the people to follow bitcoin in a short if interested.

Immakillya

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You're true about that. Bitcoin is not that popular. In fact, i think only 5% percent of population in my country. So when you introduce bitcoin. The first thing coming to their mind is "it just a scam". But i have a solution for that. The solution is to teach them actual demontration how use bitcoin. Maybe they will fully understand what is bitcoin.

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