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Topic: Introducing bitcoin to local communities/villagers (Read 480 times)

sr. member
Activity: 1097
Merit: 310
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I don't think poor villagers should be learning about Bitcoin trading as it needs investment. I get the whole idea to associate Bitcoin with a way to grow wealth, but its major usecase is as a store of value, which means the holder already has some money to invest in it and hedge against inflation.

Those locals should be learning skills they can use to earn a living without much capital. OP you can try partnering with some NGO to bring such training there and with time some can earn enough to be able to buy a few days and start building their stash.

I think it is a waste of time because these villagers are only interested in survival. These youths need vocational and technical education to enable them to earn some income. Where do you expect an unemployed youth to get money to invest in bitcoin? From your teaching environment, I am not sure your targets or audience understood most of what you are explaining.

And it is glaring that you are introducing Bitcoin to them as a get-rich scheme because you are introducing it to them as an immediate source of income. 
Informing one about Bitcoin does not require investment. One can also gain knowledge about Bitcoin and Cryptocurrencies only which can be utilized later. Moreover, the price of Bitcoin was not so valuable in the beginning. Maybe a little expensive altcoin can change one's fortunes.
If someone wants to know about Bitcoin then it is our responsibility to explain it to them. Because the more people know about Bitcoin, the more popular Bitcoin will grow. You seem to be not very interested in Bitcoin. I feel that from your post. But I  I don't know how much you love bitcoin but I think the more popular bitcoin gets, the more bitcoin price will go up. Hopefully bitcoin will get better.
hero member
Activity: 1498
Merit: 711
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Sometimes people misunderstood the basic things of bitcoin, because I believed that introducing bitcoin the villagers cannot reduce or liberates them from the ratio or rate of poverty, my reasons is that Bitcoin cannot give them a quick money rather sort out their financial challenges,  because from initial people has been encouraged to use their reserved money for investment of bitcoin due to the disadvantage might occur during the time of investment,  and from my perspective I don't think its ideal to educate someone who is aged of bitcoin because it won't be able to comprehend fast the usage and functions of bitcoin in a manner a young adult will understand bitcoin.
hero member
Activity: 1190
Merit: 599
Introducing Bitcoin to local communities and villages can have its own set of benefits and challenges. On the one hand, this can provide opportunities for financial inclusion and empowerment, especially for those who may not have access to the traditional banking system. It can also facilitate cross-border transactions and potentially increase economic activity in the area.
Its not always have advantage side when introducing about Bitcoin to local communities because can't guarantee with bitcoin keep stable and higher price before getting impact when bitcoin price drop. I agreed with many people try to introduce bitcoin for their local communities but many of them not respect to us when bitcoin going dump.

Having bad experienced and respond from many people when getting loss but some of them forget us when earn profit from Bitcoin, but use bitcoin as payment currencies is better than traditional banking system without give advantage for member after long time saving their money in the bank.
hero member
Activity: 504
Merit: 625
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You have done well but my concern is what are they going to invest? Bitcoin investment is not a business you venture into and you will long for profit in the next six months, you might say you have taught them about entrepreneurship and all but I think what is best for them is a business that will give them a daily income and after this, they might save to invest. You can't do it all but this is just a suggestion.

Bitcoin must not be an investment to make a profit but it must be an investment made with the awareness that you are freeing yourself from the chains that oppress your financial freedom and especially in countries like those of OP they give you the opportunity to shelter your savings given that the majority or almost all are unbanked.
sr. member
Activity: 742
Merit: 275
Folks, my village is too poor and local, no beauty, no good living. Each time I remember them, I shed tears because nothing enticing about us. Our father's need help, our mother's sold leafs and fruits for survival, children are unhealthy, youths are uneducated and jobless, there is no good communication network in my communities, government never cares about us, is been ages of living like the bushmen and massacre.

Surely there must be something that you must be proud of in your village. I always like to also notice the good things in any bad situation and while you would say there isn’t any beauty in your village, I’m sure there are people who would think differently about it.

That being said, I don’t mean to trample on your efforts to try and introduce bitcoin to the residents of your community but what exactly would you have them do with the information. You mentioned that the locals are too poor; how then do you expect them to set aside money from the little they’ve got to either invest or trade in bitcoin. Most likely they won’t be inclined to part with their hard earned fiat currency to invest in something they probably haven’t heard about before.

Would you also let them in on how volatile bitcoin is and how very quickly they could lose their money with trading? Bitcoin cannot solve all the problems of man and I doubt it could much to help alleviate your village from poverty.
It might be difficult but you should consider holding your representatives in government more accountable like you guys did with having network connection in your community.
member
Activity: 532
Merit: 13
You have done well but my concern is what are they going to invest? Bitcoin investment is not a business you venture into and you will long for profit in the next six months, you might say you have taught them about entrepreneurship and all but I think what is best for them is a business that will give them a daily income and after this, they might save to invest. You can't do it all but this is just a suggestion.
hero member
Activity: 1148
Merit: 518
Introducing Bitcoin to local communities and villages can have its own set of benefits and challenges. On the one hand, this can provide opportunities for financial inclusion and empowerment, especially for those who may not have access to the traditional banking system. It can also facilitate cross-border transactions and potentially increase economic activity in the area.

It is important to note that Bitcoin and other cryptocurrencies can be volatile and risky investments. It is very important to educate individuals about the potential risks and benefits of using Bitcoin for transactions.

And the work you do with introducing a Bitcoin trading system may require significant infrastructure and technology support, which may not be available in some communities in the form of introducing a mobile banking system or other digital payment platform that is more accessible and easier to use for those with access to technology. limited.
Bitcoin is a volatile and versatile project in the space, it's served multiple tasks. Introducing Bitcoin to the undeveloped minds, people that have no single idea on what cryptocurrency is all about is definitely a difficult tasks and there's more harms to be done to them if they're not proceeding with good basis of crypto. Buying gifts and sharing it within the villagers brings them more hope for a better future, and the serious ones will achieved their dreams while the ones with doubts will hinder to take a step further in the space.
member
Activity: 498
Merit: 48

I promised the communities to do this with them as many times as we can to enabled everyone learns something outside education. Believe me folks, anybody can touch lives with your gifts, skills and talents. Everybody was following and celebrating as a new light of the village.


Introducing Bitcoin to local communities and villages can have its own set of benefits and challenges. On the one hand, this can provide opportunities for financial inclusion and empowerment, especially for those who may not have access to the traditional banking system. It can also facilitate cross-border transactions and potentially increase economic activity in the area.

It is important to note that Bitcoin and other cryptocurrencies can be volatile and risky investments. It is very important to educate individuals about the potential risks and benefits of using Bitcoin for transactions.

And the work you do with introducing a Bitcoin trading system may require significant infrastructure and technology support, which may not be available in some communities in the form of introducing a mobile banking system or other digital payment platform that is more accessible and easier to use for those with access to technology. limited.
member
Activity: 198
Merit: 10
COMBO Network ex COCOS-BCX
I think, truly admirable that you and your friends have taken the initiative to bring positive change to your community. It's not easy to make a difference, especially when you don't have access to resources or power.

However, I do have some concerns about Bitcoin trading in general. While it can be a lucrative investment opportunity, it's also quite risky and volatile.

I mean, introducing a bitcoin trading system is a really innovative idea. It's great that you're helping to educate the youths in your community about this digital trading system. It's a skill that can help them earn money and build a better future for themselves.

I hope that you and your team are providing the villagers with a thorough education about the risks involved and the importance of responsible investing.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
Don't see a bitcoin banner or any video which can point out that the agenda of the meeting is all about bitcoin. Maybe this is another village meeting for another village need and you just randomly add bitcoin at the topic
Exactly my first take of this topic when I saw it, I can't actually trace any proof or anything that actually points out, if truly you are actually lecturing bitcoin here to these people but nonetheless is still a wonderful idea but I think you should go extra with More details so as to tell the forum users or community that you are truly teaching bitcoin. I have come across many folks do great work similar to this in their locality and its good to see the rapid spread of bitcoin. I myself is cooking some big plans to massively create awareness of bitcoin in my hometown and since am fully aware of the advantages is only good and proper for me to share with everyone the knowledge or guide them to way to financial freedom.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Don't see a bitcoin banner or any video which can point out that the agenda of the meeting is all about bitcoin. Maybe this is another village meeting for another village need and you just randomly add bitcoin at the topic which is still good to introduce, but make sure you introduce it to them very well and they not create any false hope on their mind that they can easily get rich easily with it since it might cost them huge financial lose if they commit a mistake on their investments.
hero member
Activity: 2086
Merit: 501
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Folks, my village is too poor and local, no beauty, no good living. Each time I remember them, I shed tears because nothing enticing about us. Our father's need help, our mother's sold leafs and fruits for survival, children are unhealthy, youths are uneducated and jobless, there is no good communication network in my communities, government never cares about us, is been ages of living like the bushmen and massacre.

I've being thinking about what to do, am not a politician, I don't access to money and power to change anything. So we came up with an ideas about a year now, me and some old graduates doing nothing. That before we vote any politician into power again, there must be a network communication system in our communities, by God we achieved that last year on our effortlessly ideas. One particular network was initiated.

But since we have network, the standard of living is still the same. Though villagers start buying cell phones, android and all. I thought it wise to go and introduce bitcoin trading system to them, we were given the permission by village elders, we pay town cryer to go round the village and beats bell drum and passed the message for everyone to gather at the village square and the turn up was amazing, unexpected crowd because we invited some city friends who into crypto as gurus and villagers love to see people from city how they look like.

We commence teaching with practical steps with those who have android phones, interpreting it in our dialect for everyone's understanding. From the pictures you can see mother's, father's, children and youths came there but our target is for the youths to understand digital trading system that requires no formal education and it's was greats. We want the parents to encourage them and support them with the little money them make from farm product sales.

I promised the communities to do this with them as many times as we can to enabled everyone learns something outside education. Believe me folks, anybody can touch lives with your gifts, skills and talents. Everybody was following and celebrating as a new light of the village.

God is awesome.














I know your intention is good and it is to help them earn,
But have you think of the effect?
What would happen if their investment or trading didn't work?
Instead of gaining they could lose those money that they worked hard just to trade?
It is better to let them learn and show them the risk it doesn't always end well in trading, not all of us are meant for it.
hero member
Activity: 2856
Merit: 674
It's good that you like your community to be knowledgeable in crypto,but it is too risky to start investing even trading if you don't have stable source of income or job. It is better to establish job first that can hire the people in the community and teach them the value of budgeting and saving. Once their earning it is the time for them to learn how to invest and to trade knowing that even if the market isn't in good contion they will still have money to spend for their needs since they have job and savings.
True. I suggest you educate the people first before you convince them to invest or trade. And never let them invest or trade for greed, they will surely regret later on. Also, if they don’t have stable jobs that can provide their main source of income, how are they going to invest or trade? It’s a very risky decision to convince people about taking advantage on bitcoin when they have no knowledge at all, and they have no stable source of income that will finance in their bitcoin investing or trading.
hero member
Activity: 2926
Merit: 722
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The crypto community appreciates your service hope you find the strength to keep going spreading the word Smiley , but just a few questions...
Bitcoin and all other altcoins are based online..have you considered engaging internet service providers,or probably a few people in that community that can provide gadgets to access the internet via hire purchase to them or something... because onboarding crypto users carries more weight if you are  practical about your objectives than just talking to them without having the real feel of how cryptos work.
As some sort of demonstration on how its done which it is really true on what you had said that it is really that hard to hook up people to believe about it if they werent been able to experience for themselves.

considering that this is a community where everybody almost doesnt really have a mobile nor have the access on net then its understandable that it wont really be that much effective on what you are trying out to pursue on what you do have in mind.
These kind of acts are really that commendable but its not something that we could assure that it would be effective or it does works.
hero member
Activity: 1834
Merit: 879
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The crypto community appreciates your service hope you find the strength to keep going spreading the word Smiley , but just a few questions...
Bitcoin and all other altcoins are based online..have you considered engaging internet service providers,or probably a few people in that community that can provide gadgets to access the internet via hire purchase to them or something... because onboarding crypto users carries more weight if you are  practical about your objectives than just talking to them without having the real feel of how cryptos work.
legendary
Activity: 3010
Merit: 1280
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It's good that you like your community to be knowledgeable in crypto,but it is too risky to start investing even trading if you don't have stable source of income or job. It is better to establish job first that can hire the people in the community and teach them the value of budgeting and saving. Once their earning it is the time for them to learn how to invest and to trade knowing that even if the market isn't in good contion they will still have money to spend for their needs since they have job and savings.
Trading and investing are good, but it will be more fulfilling for them if they look for a stable job first and then with spare money, they can decide whether to invest or trade. Though I appreciate your effort in making your community aware about bitcoin and the benefits people can get from it, but if they decide to invest or trade quickly because of greed, eventually they will regret their decision in the end and live at their loss. It’s important that they will gain sufficient knowledge and skills first before investing or trading, and they should have stable source of income first before they start engaging in bitcoin.

Or those who have knowledge of management and programming may look for a career path that Bitcoin Industry offers.  This way they have more variation on how to take advantage of the opportunity Bitcoin industry brings.

Getting a stable job and do investment or trading is really the best move because it not only establish our source of fund, it also create a stable living for us and our family.  Remember Bitcoin Industry is not only trading, or investment, there are also vocational and professional careers included on its economy.
sr. member
Activity: 1680
Merit: 263
Just as stated earlier, our targets was for the youths to learn about BTC investment basically. The gathering you're seeing is not for professional teaching. That was our first time there, we only came to do introduction and briefly asked permission of parents to encouraged their children to learn about BTC investment. Since we came with visitors who know more about BTC, we ask both our parents to come and pay briefly attention on the preliminary aspects of what we will come to do next time. We are there for the youths but we needed the parents to give support to their children.

Because people misunderstood the whole concept from the beginning and start judging from there. No professional teaching was held only introduction of what we want to do. Thanks

what you are doing is a good thing OP, but my question is why didn't you choose a better and more conducive place to do introductions and ask permission from parents to encourage their children to invest in Bitcoin?.
you have already obtained permission from the elders there, you should be able to take more advantage of it by providing a more appropriate place to talk with the parents and youth there. Instead of asking them to gather in an open and unconducive place like that, you better gather them in a conducive place like in a room.
regardless of you saying it's an ordinary introduction and there is no professional teaching. but if you want parents to believe in and encourage their children to learn about Bitcoin you should be really serious about thinking about more detailed matters such as the comfort and conduciveness of the gathering place so that the goals you want to convey can be effectively conveyed and received by good by them.
you have received a lot of good suggestions and criticisms from members in this forum, if you are really serious then you have to fix your way in the future.
good luck for you.
legendary
Activity: 3248
Merit: 1160
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It's good that you like your community to be knowledgeable in crypto,but it is too risky to start investing even trading if you don't have stable source of income or job. It is better to establish job first that can hire the people in the community and teach them the value of budgeting and saving. Once their earning it is the time for them to learn how to invest and to trade knowing that even if the market isn't in good contion they will still have money to spend for their needs since they have job and savings.
Trading and investing are good, but it will be more fulfilling for them if they look for a stable job first and then with spare money, they can decide whether to invest or trade. Though I appreciate your effort in making your community aware about bitcoin and the benefits people can get from it, but if they decide to invest or trade quickly because of greed, eventually they will regret their decision in the end and live at their loss. It’s important that they will gain sufficient knowledge and skills first before investing or trading, and they should have stable source of income first before they start engaging in bitcoin.
copper member
Activity: 1428
Merit: 253
What the OP is doing, in my opinion, actually has good intentions to improve the economy of the people around where OP lives, but in my opinion, the way she does it and his understanding of Bitcoin are still not quite right.
OP hopes that the people in his place can be successful and improve their economy by trading Bitcoins. I think this is a very inaccurate understanding. Bitcoin investment or trading will not quickly recover their economy.
In reality it will not be that easy to succeed in investing or trading Bitcoin.

It's good that you like your community to be knowledgeable in crypto,but it is too risky to start investing even trading if you don't have stable source of income or job. It is better to establish job first that can hire the people in the community and teach them the value of budgeting and saving.

What you say is absolutely true, in my opinion, the conditions experienced by the community where the OP lives are more important to focus on increasing their job or income before suggesting and introducing them to try investing or trading crypto.
Because it's true that if you introduce investment or crypto trading to the public, but those people don't have a stable income, of course that will make it more difficult for them or maybe even lead them in the wrong direction and add to their burdens of life.
I hope that OP can gradually improve the economy of the community and maybe have to focus more first on creating or initiating a business, for example maybe OP can create a business that also empowers the surrounding community such as making any innovation to be sold so that people who engaged have a better income.
Then after the community is a little more prosperous, then gradually introduce them to the concept of investing or saving, only then introducing cryptocurrency.

I hope that the OP will be more careful and wise in introducing Bitcoin so that his good intentions do not backfire against himself.
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
Making awareness is good, but first, you should have thought about the understanding of the people you taking the awareness to not everyone will eventually go into bitcoin, the best thing would have been to select interested people that are capable both in finance... and knowledge, given the basics not a bad idea at all then you can also increase in gathering and learning more about bitcoin it will be of use to both you and your locality but starting from trading is too sudden not all will be able to handle especially emotionally.
member
Activity: 840
Merit: 23
It's hard to see someone who has the burden of others and go as far as seeing that the burden is lifted off their shoulders, nice one op, you're a really good person, a force...

This is going to come with alot of challenges esp making them understand the whole process, I hope you're ready??
hero member
Activity: 1106
Merit: 570
Taking a Bitcoin class to educate others is a good thing to do out of having passion for others to have a means to learn about Bitcoin especially those in the rural setting but from what I can see on the pictures displayed by OP, am not convinced enough that this actually had to be a Bitcoin class because nothing here is showing or speaking about Bitcoin than the traditional dance held during on local community gathering, moreso much of this kind is getting too common from newbies these days.

I don't believe we should be stressing people in the rural areas, they have enough things to worry about like how they're to eat, get good drinking water and medical treatment etc. Teaching them about Bitcoin might be unnecessary since they might not even have an electronical device like a laptop or mobile phone to use in accessing the wallets.
I'm not even sure they have an internet connection in those areas. Looking at how they're dressed a d looking, we shoudn't be bothering them about how mess up the world is because to teach them Bitcoin, you have to make them understand how useless the traditional currency is. People I'm the rural areas should be left alone to enjoy nature.
Take your educational activities to the urban areas where people will be looking for an alternative to the system they're currently using since they're already seeing the system been broken and too centralized.
full member
Activity: 952
Merit: 108
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Bitcoin cannot help people get out of poverty because investing in bitcoin requires money, and I doubt people who have to make a living every day can invest in bitcoin. Moreover, bitcoin can also lose us money, so there is no guarantee bitcoin will help your local villagers out of poverty.
sr. member
Activity: 1820
Merit: 436
I appreciate your teaching in your village about bitcoin it was difficult to teach them because of their situation, but I  don't think bitcoin is really what they need especially in times like this. I mean for someone who doesn't have or cannot afford smartphones I don't think they should learn bitcoin because we all know that bitcoin is a risky investment if you're going to start to teach them bitcoin at this point where they think that it is the thing that will rise them from poverty I don't think so. That just means that if they fail on bitcoin of their funds or money is gone as well since they depend on everything on bitcoin.

For me what these people need is a job or skills, bitcoin is an investment and they can't apply what they learn if they don't have funds to invest, also you should just invest a small percentage of your money because it's always a gamble.
sr. member
Activity: 826
Merit: 460
It's good for you to spread bitcoin literacy, but if I think back that it's intended for areas that are too poor as you said, maybe you need to not only talk about bitcoin because basically it's possible for them to just eat hard let alone to buy bitcoin or invest, maybe you should also provide other stimulants in the field of science education and some skills application to earn more decent money in your area. we have to be really mature in guiding them in bitcoin trading literacy otherwise a bad possibility will happen because of their ignorance in doing it and getting profit, but in my opinion it's better for you to dig deeper before finding questions that you can't answer in the field and make shame on you.
full member
Activity: 1582
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We commence teaching with practical steps with those who have android phones, interpreting it in our dialect for everyone's understanding. From the pictures you can see mother's, father's, children and youths came there but our target is for the youths to understand digital trading system that requires no formal education and it's was greats. We want the parents to encourage them and support them with the little money them make from farm product sales.
Did you teach about trading?
Wow, they are beginners and you have been teaching about how to trade. I think that it is too early, dude. Moreover, trading is a high risk, do you also tell them about the risk? I actually appreciate your effort to introduce Bitcoin to your local community. but, you must also be careful on the explanation or information to tell to them because crypto is always involving high risk. From the explanation, we may not deny that finally there are some people who are willing to trade Bitcoin. But because they don't really know the ways, they will probably ask you more every time doing trading, and also trading without any understanding or knowledge. You know this is gambling, not trading. However, if they don't realize the risks they will probably spend.
sr. member
Activity: 924
Merit: 365
Before introducing your community members to bitcoin trading, you first launch an awareness campaign for them on the basis of bitcoin before trading. It can be challenging to promote trading to people who are unfamiliar with bitcoin (newbies).

The least you can do to assist your community members after lecturing them about bitcoin's fundamentals is to show them how to invest, hodl, and have enough patience with their bitcoin investments order than trading. Bitcoin investment, albeit risky and preferable to trading, is where they should start. You shouldn't attempt to teach them about trading right away.

hero member
Activity: 518
Merit: 547
Hi OP,
I am not sure where you are from. But, I assume you are from one of the African countries. Good to see you around. I appreciate your trying to teach them something that can change their lives. But, Make sure you don't ruin their life. You have to be careful when introducing them to new things like bitcoin. They are villagers, and they are innocent. They don't know how the internet is and how cruel it can be. They can fall into scams very easily. If you teach them something, teach them how to be safe from scams.

I won't recommend you teach them how to trade. Instead, if they want to invest or do something, teach them what Bitcoin is and how it works. Where to store their Bitcoin. Suggest some self-custodial wallets. If anyone decides to invest, Ask them to hold and never sell at a loss. Good luck.
legendary
Activity: 2814
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But since we have network, the standard of living is still the same. Though villagers start buying cell phones, android and all. I thought it wise to go and introduce bitcoin trading system to them, we were given the permission by village elders, we pay town cryer to go round the village and beats bell drum and passed the message for everyone to gather at the village square and the turn up was amazing, unexpected crowd because we invited some city friends who into crypto as gurus and villagers love to see people from city how they look like.
You say your village is poor, but when the internet can enter your village, the people there can buy Android phones, meaning they still have the ability or income.
The noble goal of building a village will boomerang for you if it is done without proper information and knowledge, trading is not as easy as you might think, namely buying cheap selling expensive, there are many things that can happen beyond our control.
With the income that the people in your village have it would be better invested or used for something more tangible than trading, I'm afraid you will be the one to be blamed if it turns out the trade doesn't go well and they lose a lot of money because of it.
hero member
Activity: 2366
Merit: 594
I am not sure what you've taught to them but can you show your notes or any kind of presentation so that other forum members can also try to improve it to learn more. But it is a good move by yours but it wont be sustainable for me , i think others also having hard time spending money to get a load to buy internet for their phone and also most of people there are struggling. It is really better to find like other solution than can brought them money that they can do physically. This is really the problem if what kind of things to be done as your government is not doing anything to provide more jobs
hero member
Activity: 1722
Merit: 801
Bitcoin awareness is done much on the African countries than other countries. Countries like Nigeria have got good level of cryptocurrency acceptance.
Because in that continent, people have difficulty with their access to banks and official financial systems as well as have difficulty to get job and earn good salary for their livelihoods. Therefore, Bitcoin and cryptocurrency are like an open gates for them to access a better world.

Underbanked

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Looking at the pictures, it looks like the people are eager to learn.
I don't know what they were doing if I only look at those pictures.

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People need to be educated in the right way, The success of anything comes from the bottom, when these people are able to make use of cryptocurrencies surely a big change can be experienced globally.
Education is key to change people lives and to change the world. With education, you become a different person and with well education, you won't be only become more knowledgeable but also will probably have better behaviors. It's good for local societies and the world as well.
legendary
Activity: 3234
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Bitcoin awareness is done much on the African countries than other countries. Countries like Nigeria have got good level of cryptocurrency acceptance. Looking at the pictures, it looks like the people are eager to learn. People need to be educated in the right way, The success of anything comes from the bottom, when these people are able to make use of cryptocurrencies surely a big change can be experienced globally.

Small efforts from these people's is really appreciable and more people need to come forward and do the right way of teaching. Because there are more misleading happening around towards the ponzi and pyramid schemes.
legendary
Activity: 2660
Merit: 1074
Just as stated earlier, our targets was for the youths to learn about BTC investment basically. The gathering you're seeing is not for professional teaching. That was our first time there, we only came to do introduction and briefly asked permission of parents to encouraged their children to learn about BTC investment. Since we came with visitors who know more about BTC, we ask both our parents to come and pay briefly attention on the preliminary aspects of what we will come to do next time. We are there for the youths but we needed the parents to give support to their children.

Because people misunderstood the whole concept from the beginning and start judging from there. No professional teaching was held only introduction of what we want to do. Thanks
Investing in Bitcoin looks more appropriate for the younger people because it wasn't hard as trading but once they grow older and develop a good skill or knowledge in Bitcoin/crypto, that would be the time for them to upgrade and learn trading. You said your village is poor so it's okay if you don't have a proper place for teaching but it can still become professional.

What matters here is not the place but the quality of learning that the people there are going to achieved. On the pic, I can see that not only young people are there but there are adults too. They are only making sure that their kids are safe but it's a good way for them to learn Bitcoin as well if they don't know it yet.
legendary
Activity: 3010
Merit: 1280
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I don't think poor villagers should be learning about Bitcoin trading as it needs investment. I get the whole idea to associate Bitcoin with a way to grow wealth, but its major usecase is as a store or value, which means the holder already has some money to invest in it and hedge against inflation.
I don't wish to write them off as well but merely looking at the uploaded images, you can tell that technology is far from these villagers as much as possible. Do they even have mobile phones or network to work therr phones if any in such places... Ain't no way there is any tech guy from the assembled population. If those were to be it, then the idea is very much defeated from my perspective.

Staring at the photos, you can see them using mobile phones (now I wonder if you click and look at the photos before replying in this thread  Tongue)  I believe there is an internet network in their place because they won't be able to teach how to create wallets and such if there is no internet. 

The seminar might be a bit unorganized but I believe @OP is honest in telling us that they conduct Bitcoin awareness seminar.  I do agree with the earlier reply that this is one way of fishing merit but, is there any other way to get merit without posting? 



hero member
Activity: 1148
Merit: 555
And it is glaring that you are introducing Bitcoin to them as a get-rich scheme because you are introducing it to them as an immediate source of income.  
But I am elated when I see people invest time and resources to promote or introduce bitcoin to people. At least some people have known the currency called Bitcoin. Good try OP.
That’s what I’m worried about. The approach to teaching bitcoin to newbies matters, especially when introducing the concept to people who are desperate to escape poverty. They will want to make an investment right away without taking time to verify what they are told because they want to be rich. I think OP should start with a smaller group, that way it will be easy to communicate and monitor their progress.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
I just want to ask this op, isn't the internet difficult in that place with a lot of people. Did they understand what was being said about bitcoin that op shared in this community.

     It's a bit crowded with people gathering there according to this picture. But all in all, I'm impressed with op's perseverance in what he did. I just hope they somehow understood what was being taught to them.
sr. member
Activity: 1750
Merit: 267
I don't think poor villagers should be learning about Bitcoin trading as it needs investment. I get the whole idea to associate Bitcoin with a way to grow wealth, but its major usecase is as a store of value, which means the holder already has some money to invest in it and hedge against inflation.

Those locals should be learning skills they can use to earn a living without much capital. OP you can try partnering with some NGO to bring such training there and with time some can earn enough to be able to buy a few days and start building their stash.

I think it is a waste of time because these villagers are only interested in survival. These youths need vocational and technical education to enable them to earn some income. Where do you expect an unemployed youth to get money to invest in bitcoin? From your teaching environment, I am not sure your targets or audience understood most of what you are explaining.

And it is glaring that you are introducing Bitcoin to them as a get-rich scheme because you are introducing it to them as an immediate source of income. 
Informing one about Bitcoin does not require investment. One can also gain knowledge about Bitcoin and Cryptocurrencies only which can be utilized later. Moreover, the price of Bitcoin was not so valuable in the beginning. Maybe a little expensive altcoin can change one's fortunes.
legendary
Activity: 1050
Merit: 1100
I don't think poor villagers should be learning about Bitcoin trading as it needs investment. I get the whole idea to associate Bitcoin with a way to grow wealth, but its major usecase is as a store of value, which means the holder already has some money to invest in it and hedge against inflation.

Those locals should be learning skills they can use to earn a living without much capital. OP you can try partnering with some NGO to bring such training there and with time some can earn enough to be able to buy a few days and start building their stash.

I think it is partially waste of time because these villagers are more interested in survival. These youths need vocational and technical educationn to enable them to earn some income. Where do you expect an unemployed youth to get money to invest in bitcoin? From your teaching environment, I am not sure your targets or audience understood most of what you are explaining.

And it is glaring that you are introducing Bitcoin to them as a get-rich scheme because you are introducing it to them as an immediate source of income.  
But I am elated when I see people invest time and resources to promote or introduce bitcoin to people. At least some people have known the currency called Bitcoin. Good try OP.
jr. member
Activity: 104
Merit: 9
Did you teach Bitcoin TRADING or Bitcoin TRANSACTING?  Big, big difference.  Before trading, how Bitcoin works and how to transact with Bitcoin is so much more important than risking the little you have with little to zero experience.

I know.  It is so much more appealing to the masses if Bitcoin gets them money.  How many truly care that Bitcoin makes them independent and banked in areas where people are unbanked?

But after all, the most important aspect of Bitcoin is that it gives free banking to the unbanked.  It can give you Privacy levels no Bank can.  It never censors any body unless they try to cheat the system.  Of course.  Not every body cares about all of that.  But Bitcoin is not for every body anyway.

-
Regards,
PrivacyG

Just as stated earlier, our targets was for the youths to learn about BTC investment basically. The gathering you're seeing is not for professional teaching. That was our first time there, we only came to do introduction and briefly asked permission of parents to encouraged their children to learn about BTC investment. Since we came with visitors who know more about BTC, we ask both our parents to come and pay briefly attention on the preliminary aspects of what we will come to do next time. We are there for the youths but we needed the parents to give support to their children.

Because people misunderstood the whole concept from the beginning and start judging from there. No professional teaching was held only introduction of what we want to do. Thanks
sr. member
Activity: 2506
Merit: 368
I like your enthusiasm, OP but don't give them a false hope and don't carry all their weight. You have to teach them properly in order for them to understand on their own or else you will be the one to blame in the end. Become a master trader first before you introduce it to them or they will be the same just like you.

Having a network connection will help them to understand since all of the information that they needed is on the internet and it's free of course. Give them all the right links on where to read to understand what is the essence of having Bitcoin. But I'm sure not all them wanted to take part of owning a Bitcoin but at least give them all what they need.
sr. member
Activity: 1498
Merit: 443
I hope you are ready to take full responsibility for all villages that will be enticed by your btc idea. Since they are poor and mostly uneducated the burden will fall on you to manage their investment for them and as you know in this space nothing is 100% guaranteed and there are several risks involved.
Villagers are already poor as it is, and losing the little money they don't have will be devastating for them. Your trying to find ways to alleviate the suffering of your people is outstanding but the idea of btc that is highly volatile is very risky. Hope this turned out well for all of you.
OP must realize the responsibility. He has a responsibility to the villagers, he shares knowledge and must remember the risk to the villagers. I am sure OP will always monitor the villagers until the villagers really know well about Bitcoin. If the villagers seem still have no sufficient knowledge about Bitcoin and crypto market, I assume OP will remind the villagers to not hurry to buy Bitcoin.

full member
Activity: 756
Merit: 133
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I am not going to discourage your bold step but I think bitcoin/crypto trading is risky, especially for people who don't have proper education. I am not judging you or your friends from the village, but you guys seem to have little knowledge about crypto trading that's why you guys planned to involve these poor villagers in cryptocurrency trading.

Bitcoin trading needs proper education and good practices and effort to lose money. As you mentioned your villagers don't have enough money to invest.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
I don't think poor villagers should be learning about Bitcoin trading as it needs investment. I get the whole idea to associate Bitcoin with a way to grow wealth, but its major usecase is as a store or value, which means the holder already has some money to invest in it and hedge against inflation.
I don't wish to write them off as well but merely looking at the uploaded images, you can tell that technology is far from these villagers as much as possible. Do they even have mobile phones or network to work therr phones if any in such places... Ain't no way there is any tech guy from the assembled population. If those were to be it, then the idea is very much defeated from my perspective.

Upgrade00 had a better idea and that is, some skill to help them earn there daily bread and perhaps some education and by that, I don't mean bitcoin education. That would help them more than for them to sink there life preserving funds in a highly volatile bitcoin market.
Reading OP's post I could concur that some of them bought android phones already. And I would agree with you man, I think we're not the only ones who see this as a little dangerous for OP considering bitcoin's tendency to drop in value drastically but I doubt he has any ways to stop it now without getting boos from his people, especially after setting up a really grand seminar to let his people know about bitcoin. No amount of saving face is going to cover it up for OP at this point, but then again it doesn't mean he should stop or what, just like what someone said here it's best if he informs himself first and foremost about the ins and outs of trading as well as the risks that is involved with practicing bitcoin trading.
hero member
Activity: 1036
Merit: 674
I don't think poor villagers should be learning about Bitcoin trading as it needs investment. I get the whole idea to associate Bitcoin with a way to grow wealth, but its major usecase is as a store or value, which means the holder already has some money to invest in it and hedge against inflation.
I don't wish to write them off as well but merely looking at the uploaded images, you can tell that technology is far from these villagers as much as possible. Do they even have mobile phones or network to work therr phones if any in such places... Ain't no way there is any tech guy from the assembled population. If those were to be it, then the idea is very much defeated from my perspective.

Upgrade00 had a better idea and that is, some skill to help them earn there daily bread and perhaps some education and by that, I don't mean bitcoin education. That would help them more than for them to sink there life preserving funds in a highly volatile bitcoin market.
hero member
Activity: 1750
Merit: 589
I applaud you for stepping up and realizing that there's more to this world than staying to your roots, as well as with helping your community with you introducing them to cryptocurrency and bitcoin. But OP I must confess, I am a little worried you might be putting bitcoin in a pedestal. There's risks involved in investing in bitcoin and I don't want you to become the village outcast or something when things don't go so well, especially considering we're still in a pretty tough situation right now courtesy of the bear market. I think you yourself should do more research moving forward before urging other people to your cause because what's crazier than a man that doesn't fight for anything is a man who does not know what he's fighting for. Invest in knowledge first, then invest in financial aspect later.
hero member
Activity: 1148
Merit: 555
You wrote a lot of words without actually saying anything. I honestly do not believe this story, just another newbie who thinks this is way to fish merits. The images show no indication that the gathering was for a bitcoin lecture or seminar. The environment is not even conducive for one. The so called “crypto gurus” you invited from the city should be more experienced and know how to manage seminars. I really think this was an attempt to fish merit, nothing more. If this story is true, I would be worried about what information was given to the villagers, I really hope they don’t get scammed.
legendary
Activity: 3010
Merit: 1280
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I agree with some of the reply here.  Bitcoin trading isn't that easy.  One should learn how to transact with Bitcoin first before tackling topics about Bitcoin trading.  Bitcoin trading especially day trading is not that easy.  I would suggest that instead of telling them to trade Bitcoin, just tell them to hodl and DCA Bitcoin.  I think this is the right moment to accumulate Bitcoin.  They can pursue trading on the later times when they have fully grasped the Bitcoin market and its economy. 

By teaching them Bitcoin and encouraging them to invest and hodl BTC, it lessens the risk of loss because we all know, if Bitcoin repeats its history, people who DCA and accumulate Bitcoin this year will have a huge profit after 2 years when Bitcoin breaks its ATH.
hero member
Activity: 882
Merit: 1873
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Did you teach Bitcoin TRADING or Bitcoin TRANSACTING?  Big, big difference.  Before trading, how Bitcoin works and how to transact with Bitcoin is so much more important than risking the little you have with little to zero experience.

I know.  It is so much more appealing to the masses if Bitcoin gets them money.  How many truly care that Bitcoin makes them independent and banked in areas where people are unbanked?

But after all, the most important aspect of Bitcoin is that it gives free banking to the unbanked.  It can give you Privacy levels no Bank can.  It never censors any body unless they try to cheat the system.  Of course.  Not every body cares about all of that.  But Bitcoin is not for every body anyway.

-
Regards,
PrivacyG
sr. member
Activity: 1470
Merit: 428
I do not believe you, and I am sure that many other forum members are not buying this story, but are just taking it easy on you. Anything can be going on there in that gathering. It is not enough to come tell us that you introduced bitcoins to your community without any substantial proof to back it, just to gather applause. There is no even one place in those pictures where there is any material pointing that some kind of teaching about bitcoin is going on, it looks entirely like another activity that you just took pictures of and fabricated a story around.

If it is true and I am wrong, you need to do better next time, the surrounding is too rowdy, and people cannot learn under such situations.

hero member
Activity: 2744
Merit: 588
Taking a Bitcoin class to educate others is a good thing to do out of having passion for others to have a means to learn about Bitcoin especially those in the rural setting but from what I can see on the pictures displayed by OP, am not convinced enough that this actually had to be a Bitcoin class because nothing here is showing or speaking about Bitcoin than the traditional dance held during on local community gathering, moreso much of this kind is getting too common from newbies these days.

Maybe, they have some extra fun during the class. We can't judge what truly happened in that session.
However, I am with the side of lovesmayfamilis, the OP is also a beginner himself. So he might give a different impression about the market.
Should be upfront that this market needs good understanding before they can start to trade. This may give them false hope of earning tons of money.
The OP should advice them to start small if they want to test the market. There's a lot to learn before they can truly earn something.
But let's say, this is a good start. Only few of them will push thru the actual trading. I hope the OP didn't give them the hope that this is their way out to poverty.
sr. member
Activity: 672
Merit: 416
stead.builders
Taking a Bitcoin class to educate others is a good thing to do out of having passion for others to have a means to learn about Bitcoin especially those in the rural setting but from what I can see on the pictures displayed by OP, am not convinced enough that this actually had to be a Bitcoin class because nothing here is showing or speaking about Bitcoin than the traditional dance held during on local community gathering, moreso much of this kind is getting too common from newbies these days.
sr. member
Activity: 574
Merit: 310
I commend your efforts. It will not go unrewarded . This is a brilliant job you have done trying to transmit the knowledge of Bitcoin to your community. I can imagine how difficult it was for you to have gotten the attention of your villagers. This is the good step, if eventually, 1% of the community's population invest in Bitcoin, then it is a big win for you. In your community, is there electricity? If No, then i will suggest you seek for help of electricity from the government and also laptop computer as to enable the people understand bitcoin introduction well. There is a big different in using a laptop computer and mobile phone to teach about bitcoin. It is more easier to use laptop computer than mobile phones.
full member
Activity: 334
Merit: 121
With all due respect ops, I am not judging 🧑‍⚖️ you. But please compatriots permits me to say this, I don't think "ops' can handle the situation he' into right now because he hasn't know much about bitcoin investment and his rank can tell that.
If ops don't have much ideas about Bitcoin investment and he managed to introduce bitcoin to his local villagers that will definitely generate no time for him to learn more. I don't know if am right or wrong.
If you look at the photos 🌌 carefully you will see that the villagers are aged and they can't afford the risk behind investments, we all know how such unknown and risky investment will sound in the ears of the aged ones.
hero member
Activity: 700
Merit: 541
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Op, kudos to you for you to even think of something like this, this is a really interesting initiative, but I do have somethings to say concerning it.
According to the pictures present in Op I believe the training you did was just in a single day and I doubt if they got anything from your presentation. You mentioned that most of them just got their android phone recently, meaning they haven't been up to date with trending news and, I even doubt if they even know what Bitcoin is before you mentioned it to them, so if you want to make your teaching effective you need to do it continuously, not just once.

And again we are dealing with investment here, telling the parents of the youths to give their children money to invest in Bitcoin trading is a very risking thing to do. Buying and holding Bitcoin is different from trading with Bitcoin, and so is the amount of risks involved. There's no guarantee that they will be a able to trade successfully and we don't even know if you that's teaching them even know how to trade.
hero member
Activity: 868
Merit: 952
I see Everyone is trying so hard to take this bitcoin adoption to there various communities and it is a great thing for bitcoin mass adoption but sometimes we fail to look at certain things or conditions of those we are spreading the message to. Some of these people usually feed from hand to mouth and bearly have little to invest or save. And bitcoin isn’t for daily transactions because especially for beginners because it only runs them into risk. Personal I think bitcoin trading is not yet a viable option for this kind of people. But regardless it is a great initiative trying to make them aware of the new technology around.
hero member
Activity: 2562
Merit: 577
I hope you are ready to take full responsibility for all villages that will be enticed by your btc idea. Since they are poor and mostly uneducated the burden will fall on you to manage their investment for them and as you know in this space nothing is 100% guaranteed and there are several risks involved.
Villagers are already poor as it is, and losing the little money they don't have will be devastating for them. Your trying to find ways to alleviate the suffering of your people is outstanding but the idea of btc that is highly volatile is very risky. Hope this turned out well for all of you.
hero member
Activity: 3038
Merit: 617
You would need a visual aid for these people to really understand just the basics of BTC. But trading might just be too complicated already.
Do these people even have access to the internet? By the looks of the photos, it looks like they live in a rural area. If this is however in the outskirts of Nigeria, it would make sense still as BTC is widely spread.

Kudos to your initiative though. Maybe it will work if you start first with the basics of BTC.
hero member
Activity: 924
Merit: 600
Watch&Pray.
Wow, this is a nice innovation but my problem with telling people about Bitcoin is that many of them do not phone or internet services to access the internet and search for Bitcoin. Op had really done a good job and I like it but he need to them tell to invest in Bitcoin and the risk that is involved in the investment. Bitcoin is very volatile do we need to inform people so they will know what they are investing in. With this kind of technique telling people about Bitcoin, it will help to increase the adoption of Bitcoin.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Have read topics of the same interest.
But I'm actually curious about something, will they really be interested? Let us be honest, a capital would be needed to engage in this industry as well as other resources. Not to discriminate but I think most of the local communities won't be willing to provide such thing for an investment which is too risky. So question is, would it really work and what for? Bitcoin and this technology in general is not yet acknowledged by many countries at the present. In what sense will they be engaging to cryptocurrencies then? Profit? People on third world countries are needing more of an assured money and this will be generated through saving and working. Investment would work well more with those who has resources and determination to do so.
legendary
Activity: 2114
Merit: 2248
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I don't think poor villagers should be learning about Bitcoin trading as it needs investment. I get the whole idea to associate Bitcoin with a way to grow wealth, but its major usecase is as a store or value, which means the holder already has some money to invest in it and hedge against inflation.

Those locals should be learning skills they can use to earn a living without much capital. OP you can try partnering with some NGO to bring such training there and with time some can earn enough to be able to buy a few days and start building their stash.
member
Activity: 560
Merit: 17
Eloncoin.org - Mars, here we come!
   I think that what you did is just a waste of effort because it is not easy to understand trading in a crowded place when the surrounding climate is still hot.

   Do you think their attention is focused on you 100% when there are so many people around them? What you should have done there is to ask what is bitcoin, how can it help our daily people right now.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
It's good that you like your community to be knowledgeable in crypto,but it is too risky to start investing even trading if you don't have stable source of income or job. It is better to establish job first that can hire the people in the community and teach them the value of budgeting and saving. Once their earning it is the time for them to learn how to invest and to trade knowing that even if the market isn't in good contion they will still have money to spend for their needs since they have job and savings.
hero member
Activity: 1722
Merit: 801
Why do you teach or introduce them to trading, trading is a very difficult choice for those who are very new to bitcoin or crypto. Trading, like any other business, is impossible to learn in a week or a few months because it takes years to master it and become a profitable trader, and even then getting through the hurdles and losses first.
Investing is difficult but trading is more challenging.

I don't think a newbie who does not have any experience in cryptocurrency market will be able to gain profit from trading after a few months. Gaining profit in a day is easy but if it is a long time like a half of year, one year likely you will end with loss.

Investment and trading require patience. With investment, patience is needed to hold your coins long enough to take profit. With trading, patience is vital to keep you out of a market and wait for good times to entry with your position and gain profit.

If don't have patience, loss is a common result for either investment or trading.
sr. member
Activity: 2366
Merit: 448
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Why do you teach or introduce them to trading, trading is a very difficult choice for those who are very new to bitcoin or crypto. Trading, like any other business, is impossible to learn in a week or a few months because it takes years to master it and become a profitable trader, and even then getting through the hurdles and losses first.
but i appreciate your initiative but its better if you introduce bitcoin with basics only and gradually, functionally and also the benefits and risks they will accept and face while involved and always suggest to use money they can afford to lose and small capital.
and if you're suggesting trading for their income, I don't think that's a good suggestion. And the easiest way they can do is to buy it when the price drops with a small and gradual capital, I think that's the right choice, and just wait for the price to rise patiently to sell it again.
member
Activity: 84
Merit: 18
You've done noble, the government this days hardly care about it citizens not withstanding you did the best thing trying to share knowledge with your community to see how it can be of help but bitcoin or cryptosystem is not emotional thing though, you're still a newbie here I guess your knowledge of bitcoin is not wide but you make it clearly that you invites friends who know who understand how crypto works. Let's says those people pass a good knowledge including the risk aspect of it to their understanding because cryptosystem is wide. But sincerely you guys have done well, is not easy. I love seeing people who wants to extends something of talents, skills, and knowledge to others, not to talk of community and that must have cost you a lot.  Good job for your efforts, expect rewards in future.
legendary
Activity: 2072
Merit: 4265
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OP, no offense, I'm in no way judging you, but you, as I understand it, are a beginner yourself. And talking about trade without relevant experience and education is extremely imprudent.
In the market, it is more important not to lose than to earn. But without knowledge, only disappointment awaits you. Start small and get regular coverage of bitcoin in your community, but don't force people to invest in it. These are very risky assets, and in order to invest something, people must have funds that they are willing to risk, without which people will not end up on the poverty line.
Friendly advice, dealing with knowledge first on your own, achieving something, and only then attracting people
jr. member
Activity: 104
Merit: 9
Folks, my village is too poor and local, no beauty, no good living. Each time I remember them, I shed tears because nothing enticing about us. Our father's need help, our mother's sold leafs and fruits for survival, children are unhealthy, youths are uneducated and jobless, there is no good communication network in my communities, government never cares about us, is been ages of living like the bushmen and massacre.

I've being thinking about what to do, am not a politician, I don't access to money and power to change anything. So we came up with an ideas about a year now, me and some old graduates doing nothing. That before we vote any politician into power again, there must be a network communication system in our communities, by God we achieved that last year on our effortlessly ideas. One particular network was initiated.

But since we have network, the standard of living is still the same. Though villagers start buying cell phones, android and all. I thought it wise to go and introduce bitcoin trading system to them, we were given the permission by village elders, we pay town cryer to go round the village and beats bell drum and passed the message for everyone to gather at the village square and the turn up was amazing, unexpected crowd because we invited some city friends who into crypto as gurus and villagers love to see people from city how they look like.

We commence teaching with practical steps with those who have android phones, interpreting it in our dialect for everyone's understanding. From the pictures you can see mother's, father's, children and youths came there but our target is for the youths to understand digital trading system that requires no formal education and it's was greats. We want the parents to encourage them and support them with the little money them make from farm product sales.

I promised the communities to do this with them as many times as we can to enabled everyone learns something outside education. Believe me folks, anybody can touch lives with your gifts, skills and talents. Everybody was following and celebrating as a new light of the village.

God is awesome.













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