Topic: Meeting about Bitcoin and inviting people to it (Read 570 times)

I couldn't agree more.

Same thing happened to me when I introduced Bitcoin to my cousin 3 years ago. I ended up just explaining to him just about on how to buy it, so in the moment he bought it and the price went down a little bit, he asked me if he already lost his money. So I introduced Bitcoin to him a little bit more about volatility and the market price movement. He said that it was too complicated for him and withdraw all of his funds instantly when the price went back to normal.

Lucky for OP to convince people to enter the Bitcoin world, but I think people automatically bought after he told them because they are only interested about the price and maybe they were thinking that its price never go down deep.

The way you deal with your professor's claim's about bitcoin by presenting facts is really admirable. I think this is probably the reason why most people before are afraid of investing simply for the fact of it being the first "decentralized" currency and does not have knowledge about blockchain technology. As of now, discussing and inviting your friends to invest in BTC is not really a problem due to its popularity and support from different sectors of our society.

BTC is not permitted all over the world yet so you can't invite people generally to the council about it. If someone familiar with you and safe to discuss BTC then you can share your opinion and experience with him. You can give this message that BTC progresses much and after some time, it will reach a very good position in the market.   

Nice initiative, I was as eager as you to invite people to learn about Bitcoin when I was new to crypto. However, not everyone will listen to you, some would even mock you saying it is a waste of time a scam. I stopped what I was doing and let them waste their chance learning about BTC. Now that BTC had grown more, I've been receiving messages from those people which is were my friends. Even if you make a move or not, people will reach BTC and eventually will hear news about them because BTC is on its way to mass adaptation.

Universities are the best centers to expand "the idea" it is not about telling people "hey invest in bitcoin ..." it is to convey the idea behind bitcoin, universities are the ones that debate ideas, proposals, generally they are open to discussion.

Now, it is not easy to capture "attention" but it is possible,  through the networks I have seen that in several universities that I know the general crypto issue and bitcoin have been discussed as part of the talk.

Between 2017 and 2019 I attended at least 10 talks about cryptocurrencies, that regardless of the cryptocurrency you always have to talk about bitcoin, but it must be recognized that there are cryptocurrencies that are better organized than bitcoin for this matter of meeting, the reasons are They are obvious and comment on them is irrelevant, but with bitcoin we need more organization, to hold real meetings to talk about bitcoin correctly, with guests who are true disseminators, but this entails serious expenses that individuals do not want to assume without organization.

You being a Computer Student or whatever course you are taking should take note that its not Bitcoin that should be presented first. We must first present to people who wants to learn or deep dive into Cryptocurrencies learn about Blockchain Technology. Blockchain Technology and its applications can be presented properly and they would really be enticed to use it because of the number of utilization it can present. Blockchains Security is top tier and which is why people are applying it into Cryptocurrencies. Inviting people to learn about it is great and we should always be mindful on how they can utilize their time to earn from it.

OP that’s a great move on behalf of crypto community. Those who have negative thoughts about bitcoin; it’s very hard to convince them but there are many who don’t know about bitcoin. As member of crypto community we must target people who are completely ignorant about bitcoin. As they have bright chances of embracing the bitcoin revolution. 

I have realized that there are quite a lot of people who are aware or know about bitcoin but have the wrong knowledge. That is why it seems as though they are against bitcoin but in reality, they just don't understand how it works.
I have met quite a lot of people who believe bitcoin is just some sort of Ponzi scam and will eventually crash. Only by calmly explaining the importance of bitcoin, its uses and benefits do these people understand how wrong they've been over the years.
I also take the time and patience to explain to them how bitcoin is not a 'get rich quick' scheme. many people believe this. I make them understand bitcoin was created to give us control over our money

Introducing people to something new comes with diverse challenges. Letting go of old knowledge is always a big challenge. Most times talking professors who has held on to a certain level of knowledge for years into new approach in tackling such issues poses a big challenge. However with much conviction and evidence most of them likely sucum.

Block chain technology typically holds the future. Investing in it is really what everyone has to embrace because soon we might vertically run a totally cashless economy where every transaction has to be digitally executed

It’s really cool that you have managed to overpersuade them. It’s strange that people do not believe in BTC and crypto yet. The lack of digital literacy is the main problem. It’s not pointless to discuss BTC in universities and everywhere more often.

To be honest i never want to introduce bitcoin into my friends or even my family because bitcoin is very volatile. Let's say i tell them to buy and when the price drop they will blame me and talking bad about me, LOL.
So, i just let them come and ask me about this and i will happy to tell them about how good bitcoin is.

Meeting and discussing about bitcoin is really a nice idea and would actually boost the knowledge most people had about bitcoin, its really unfortunate that due to ignorance alot of people is really having a bad taught about bitcoin, most people thinks bitcoin is a scam or maybe isn't worth investing in. For sure there is really a need for conducting seminars about bitcoin and introducing bitcoin step by step, I think since people are having a wrong taught towards bitcoin there won't really want to hear the part of investing in it so I think it would be better to educate them on how bitcoin works and change the mindset of them thinking bitcoin is scam

I'm just a dropout when I have a family problem. But I've known bitcoin since I was 16. It's a lot of fun now that bitcoins are rightly known to the world and many of them are also making their thesis with the title bitcoin.

It is a good thing to meet and talk about Bitcoin, but please only inform them about the technology features, applications and details of the future of Bitcoin, do not give any solid investment advice on Bitcoin. to avoid losing the naturalness of the conversation.
Meet as many people as possible because there will be many interesting questions in the crowd.
Prepare some bitcoins during the meeting and let them experience them if you are rich enough. I am sure this will be the most practical way to prove the theories you told them. 

You are a computer science student but you started talking about the finance/economics aspects instead of the technological aspects? Instead of talking about how valuable those crypto currencies are going to be, why not talk about how foolproof and reliable (with few drawbacks) the system is? Why not talk about the technology behind it?
You could have countered your professors argument by saying that even fiat is backed by nothing and the in in fact un the total control of the government who can print money anytime they want. In other words, the government can destroy the fiat system within few seconds.

LOL haha but hey as I was saying above, I think you really need to teach people about basic money and economics first before you teach them about Bitcoin. Not that I think anyone should be teaching anyone, but like for kids for example or younger siblings and cousins especially, I think we really need to open their eyes as ours were open to the current system and how wrong it was

Congratulations! I admire your determination, you are right. We need to make bitcoin known based on our own experience, it could be a good idea to convince more people.
For my part I am teaching my sister and nephew to learn about cryptocurrencies. Because my sister's financial situation is not good right now, she will soon stop working because her bosses will close the offices where she works. I tell her not to worry that with cryptocurrencies she will overcome the problems of unemployment.

I particularly met bitcoin when she was unemployed and it has been the best thing that has happened to me in my entire life.

I'm so F***ing done to introduce people about crypto.

Since 2017 i try to talk to my familly and my friends about this and they just don't care about what i'm talking they said bitcoin is looks like ponzi scheme or etc.

And when the price of bitcoin has reached more than $30k most of them come back to me and asking me about bitcoin and how to invest on this sector. LOL

I learnt about economics in school but it was very basic levels and very wrong. The banks also force students to learn about old theories that are unsustainable and even should be made criminal but they don't tell you everything like fractional reserves which banks all practice now (having no reserves to cover every loan they make out for example).

Teach people about real economy first before you teach them Bitcoin:)

Really good that you were able to convince them about Bitcoin, because that’s not an easy thing for anyone to do. There are a lot of people who try to convince others about bitcoin but it is usually difficult for them to do that because they don’t have points that they can use to convince them that bitcoin is actually good. So, you really did a good job by convincing them.

I also talk to people about Bitcoin whenever I can, I teach them and help them setup their wallets and exchange if they are interested to do so. And for sure I have met people who think that Bitcoin is bad because it doesn’t have a central unit that controls it, in cases like this I take time to explain to them what decentralization is all about, and how not having central control unit favours cryptocurrency.

Just tell them the basics about bitcoin and tell them that they have to discover all the other things themselves, it saves you time to explain all the niche parts of bitcoin and it helps them get their brains working and think for themselves, imagine if you spoon fed all the needed info to them then they will be so dependent on you that you will find it annoying. The reason that some teachers do not teach a thing or two about financial literacy is either it is not their forte or the curriculum doesn't include it which is a bad thing because if students get out of the schools without financial knowledge, they are going to be left behind.

I'm also thinking myself on how to introduce Bitcoin to different people but looks like that until now, I don't where to start it.
I'm always happy that there are people who are introducing Bitcoin to other people especially those young people.

Its quite surprising until now for me that our professors didn't taught anything about money to me. They are my professors but they don't know anything about financial literacy. In the current era right now where most of the things are digital and online, we should teach Bitcoin and cryptocurrency in general in the young people even it the basics only at least they have a starting point and then they will do the rest by researching if they really are interested to learn it.

I think that in this situation, OP did a good job and the people that OP had a discussion with are intellectuals which means that they aren't that afraid to try it out. That is what I thought too, the price will definitely offset some people but in retrospect I think that it was an alright thing to do because it means that you are direct with what you are pointing out in the conversation and it is actually a good way to weed out people that are definitely not going to be a fan of crypto.

So everything in the financial world must have "strong backing".
Does fiat money have a strong backing?Does gold have a strong backing?
I guess that,in the minds of those professors,if you can't touch one Bitcoin,this means that it doesn't exist.
The same concept can be applied to any product of intellectual property.If you can't touch it,it doesn't exist in the real world.
I think that you are wasting your time by introducing Bitcoin to a bunch of people,who are closed minded and don't want to understand the concept of blockchain/cryptocurrencies.

Sounds like you had very interesting experience in promoting BTC. Hope you didn't overdo it because sometimes when people hear that somewhere in Internet exists a digital coin that costs a huge amount of money they frighten that this is a total come-on. So it’s better not to talk about its price but I don’t know how to talk about BTC and don’t to tell its price and not to explain people about its huge volatility that attracts investors in BTC all over the world to gain good profit. Think it’s still necessary to mention quietly and unobtrusively about this. That can attract people.

Good thing that you were able to requite them but wouldn't be a worse decision if they buy Bitcoin without learning other significant information or the deepest part of it. Because once they lose all the money they invest it they will more likely blame you. Introducing Bitcoin is quite difficult especially if they are not interested besides, I guess they would think of it as a scam because they cannot able to touch it, unlike bills or fiat. Sure this would not be hard to teach for young ones but the real challenge will come if you teach for someone who is aged enough because they are more familiar with fiat. I think you could just tell them a glimpse of it and once it caught their attention they will explore it by themselves.

It can become really hard to teach and convince some people about Bitcoin who have done zero research before about Bitcoin and also who are totally attached to the traditional fiat currency. But it looks like you really made it for some people at least.    I believe that many of these people will learn about Bitcoin correctly in the future and there will be only less people left like that.

Well good thing that they're interested at those kinds of stuffs.
My professors back then don't even acknowledge or at least were aware that those types of coins exist. They just think that those are illegal coins and purely scam.

Explaining Bitcoin to those non-tech savvy would prove challenging at times.

Actually the congestion seems to get worse not necessarily by the number of owners or the the price, instead because of the price variations.
Everything gets awful when the price does big changes and the mempool starts clearing up when the price stays at low variation / boring.



This will most probably happen (if it's not happening already). Bitcoin is 12 years old, it's about time for that. I know that some school teachers do introduce kids to Bitcoin (some teachers even came to this forum asking questions). And there are quite some interesting directions to cover, from the financial perspective (and also trading) to various technical topics (blockchain, addresses, spending..)

I also talked about bitcoin with my family and friends and let's accept the fact that not all of them will become interested and believe on it.

People nowadays will not believe on something without proof because they only think about the reality, the tangible things. We all know that bitcoin is a virtual currency with a good value in the market and I want to tell other people that we are now evolving and engaging into a more technological age where digitals are more popular and useful.

Hoping that some universities will inform or implement subjects about cryptocurrencies so that those curious college students will have an idea about it.

This is what I am afraid about most of the time since there's just too much illiterate regarding financials.

But in my opinion, that mentality of "They will blame me so it's better I just keep it to myself" is kind of bad if you only introduce Bitcoin and didn't give any financial advice. To start, they don't have the right to blame you since it's their decision to buy Bitcoin and they took the risk.

Very good. I think university is the right place to discuss bitcoin, because that is a place where people are going to learn, discover new things. Students and professors are open minded about innovations such as bitcoin. But in another trivial places I'm fearful about spreading words of adoption because not everyone is opened to this idea and some people can understand it in a wrong way, as they were going to become rich overnight. Consequently if something goes bad with their investments, they will blame me for telling them about bitcoin.

I appreciate what the opening post has done by introducing Bitcoin in universities, especially to debate with professors at the university.
It takes courage and good enough knowledge, so that Bitcoin can be well received by people who don't understand Bitcoin. I have also tried
several times to introduce Bitcoin to other people who are not familiar with Bitcoin and ended in failure. Because it is not easy to convince
others that Bitcoin is a good thing for human life. Moreover, many people have gotten the wrong information about Bitcoin from incompetent
sources. We have to be patient in introducing Bitcoin, we cannot force other people to like and use Bitcoin. Our job is only to convey the truth
about Bitcoin, and the problem of other people whether to accept it or not is not in our authority.

I know it's one of the hardest jobs you can do because it really has something to do with money and you are in the middle of doubts to tell some words especially when the market is not looking good. Sometimes the atmosphere is not the same because these guys don't want to put their money into something that has no guarantee. so you need to explain to them how it really works at the same time without carrying the guarantor when something happens in the market because if something bad happened, they will run to you and ask for some explanation about the recent event whether it's good or bad. Nevertheless, you should explain it all to them from the volatility to the bull-run so that you will not get any bad comments when the market is not look good.

Providing education is not just the positive things that are conveyed, but the negative things or the risks that bitcoin has must also be explained. That way those beginners you introduce to bitcoin will know the limitations of the risks. If they don't know about the risks, then this will be very dangerous. If you have provided education on the advantages and disadvantages of bitcoin and some of the risks, losing money in bitcoin is not your responsibility and it is entirely your personal responsibility.

Happy to know that.
I also try to introduce people about cryptocurrency.
But, have you also told about the risks of Bitcoin? Sometimea, it is imprtant because to enaure that the people are reasy enough to get into Bitcoin. They must enter the bitcoin not because only following or get FOMO. I think it is also important to share the risks and profits and let them know. It is to mi inize to be blamed when they lose their money in Bitcoin.

Being a speaker and standing as an individual to talk about Bitcoin is already a great opportunity to be given to let other people know what Bitcoin really based on the perception and real experience from an individual who is using Bitcoin and engaged into it by himself. It is so nice that the OP have been given this opportunity because such talks can educate and let other people better know and understand the reality about Bitcoin a far from what other people are talking about against it. Hearing out a talk from a person who uses it is like a testimony to prove what is the essence of Bitcoin existence and the benefits that can be gained from it. Hearing out such talks is a good start to let other people know about it and be encouraged to know more and the best is that they might be able to let themselves got engaged into Bitcoin right after hearing out such talks.

Those who think bitcoin does not have strong backing is because they don't understand how the blockchain works, all the machines that are involved and all the people who is ready to pay for it. The main backing from bitcoin is the beauty of maths who empowers the technology. We don't need to backup bitcoin with gold or with money, the code by itself is the strongest way to backup bitcoin. So, in other words, if you understand all the backend you will realize to things: 1.-bitcoin comes to stay with us, 2.-There is not enough money to evaluate the most expensive idea of all times.

And when they say 'Bitcoin is like something that doesn't exist' should try to say the same about the Internet or Operative Systems.

I might not able to reach out that certain extent of introducting bitcoin to other people but somehow i did able to explain some basics into my family and my friends about it.
Tell them about the basics and if they do interact and show up some interest then explain even further on what it is and the most important is to explain up its
Pro's and con's because this is where people should really know about not just on expecting the positive side because we know on how risky it is when
it comes to investment matters.As long they are much aware of it then i dont see any problems for them to proceed on.

Why do we need to make a meeting in order to invite people to join or enter bitcoin? I think it would be more good if people will be the one to figured out about what bitcoin is and they will figured out that it is really good in which they can earn money here as well. What we just need to is if they are interested then they can approach us so that we can able to teach them the proper basics on what they need to do and what they might need to do more.

in my opinion it is quite difficult to introduce Bitcoin to people just by talking, people now only care about the end result but not with the process they may not understand the basic basics of Bitcoin, they may be interested in investing when you say bitcoin has experienced good development in some  the last year when they have invested in bitcoin but the price goes down and they don't know what to do, they will definitely be afraid that if bitcoin will go down even further they will as soon as possible sell the bitcoin they have without thinking about what the risk is as a result they suffer losses  , I think they should know the ins and outs of bitcoin and how it works.

I have the almost same scenario with you but the only difference is they asked my guidance to introduce them on how to use bitcoin Wayback 2017 when bitcoin is reaching its all-time high. I know I did my part explaining to them about the things to learn and the risk they should face if they are after the profit. Sadly when the bitcoin correction happened I feel that they are blaming me because they are on the loss. This experience thought me not to teach things about bitcoin if they are just there for the profits. I don't know if the persons I taught hold their bitcoin until now but I have strong feelings that they sold it. I just wasted my talk back then 

That's good for you if some of them took your address and have that desire to buy bitcoin.

But in most cases, I wouldn't introduce into that manner because in my place, people aren't like that. They're not open minded and still have that thinking that bitcoin is a scam. Because I've done that before and very disappointed with the outcome.

But a little by little, they'll eventually realize that bitcoin is already one of the best performing assets that we ever have.

It actually exist, because you can see the private keys that enable you control your coins, and you can print them on physical materials if you want to. This should make bitcoin tangible to owners/holders, assuming that's what people are concerned about when they say "it does not exist".

It's designed to enable people control their funds. I wonder who they (or you) think controls the market.

Hope you inform them about the volatility aspect and also advised them not to buy what they can't afford to risk so they don't panic when there are dips.

never mention the price has speculated to $60k
same with gold never mention gold speculated to$2k

instead actually explain the fundementals

if gold was so available that people could self mine in their backyards with nothing more then $2 of equipment(spoon and coffee filter) .. golds cost would be ~$3 once you add in the labour time to dig and filter the dirt

so miners would happily sell for $4-$6 and profit..

real gold mining costs $900+ to mine with proper equipment. sluice machines and land purchases. so gold will never ever be sold below $900. and its then the 2.2x that is the 'profit speculation'

bitcoin mining cost is about $22k for the most efficient miners and about $37k for the home hobby miners

the home hobby miners wont mine at a negative cost so they will buy instead.. and mining farms wont sell for under their $22k
so bitcoin is backed by 'sweat equity' of mining cost of between $22k-$37k
gold is backed by $900-$1.2k of mining cost
 the speculation of both is only 3x-1.5x depending on region and local considerations.

in short never talk about the price as if anything above $0 is just hype..
talk about the underlying backed VALUE
golds 2x is based on $900+ sweat equity
btc 3x is based on $22k+ sweat equity
^ call that the backed value

then while prices are speculatively high due to popularisms.. tell people how they dont have to pay market price but can get in at lower prices mining(circumstances apply) and be like gold mining for profit
..gold backed value vs golds spot price

again dont word it as if bitcoin is not backed by anything and true value is zero.. because its not

I don't think that you can teach bitcoin for only one session, there are so many things needed to discussed bitcoin before they can understand it well, for only one session only few things can be discussed and that is not enough for them to learn about cryptocurrency especially if they will not do self-studying.
Anyway, Goodluck with your journey, may the knowledge from you absorb by them.

And then after you have a  talk and they invested and suddenly the price drops High? then you will be blamed?

Lol let them Learn by themselves our only part is tell them what about our achievements and let them ask if they become interested.

I have tried so much encouraging people around me but i gain nothing but Blame.

Now i don't care what they think or what they want , i will focus on my own strategy .

Its usage as a currency will decrease as years go by. The more a Bitcoin will cost, the higher the no. of owners it will be and the higher the no. of customers, the more congested the mempool will be. All in all, I don't see daily usage as a selling point of Bitcoin since as far as it looks, the situation of Bitcoin payments is only getting worse in time.

Thats right because others will just think about you are dragging them to some sort of MLM or other networking scams thats why its really sad that many still doesn't know about this.

But this is one thing effective to gather people if you announce it with free of snacks or other exciting prizes awaits for attendee I'm sure many people will attend.

It is not easy to teach bitcoin to someone if they do not know yet about it because there is a doubt on them thinking about the possibility to earn money or how money circulates online. I have so many people encountered thinking that bitcoin is a scam because of thinking that only in real life can make money, but anyway good luck with your journey, I know you are good at cryptocurrency because if no then there would be no knowledge that would be discussed to the audience.

Man, educating a person about bitcoin and blockchain technology in one session is not enough. There is too much important information that needs to be discussed before they will understand, and maybe with a proper discussion. Maybe it will take a year before they will understand from having bitcoin and to explain where is the best wallet to stored. To tell you frankly, don't force them to believe about cryptocurrencies, awareness is enough because once a person is interested, they will find a way how to learn.

[quote author=mr_ROBOTT link=topic=532582
If you've gained their trust with just explaining to them the basics, you've got marketing skills out there bro, that is awesome. We need people like you who do it for the sake of rhe network? By the way did the speech you gave to them free of charge? Are you somehow a professional jn these field?

It's had to bring people in especially the old folks, they're retiring and most of them just want to rest with their pensions.

I used to meet some of my friends and invite them into crypto I guess it would be different if I don't know the people around the meeting.
It would be awkward for me at first but I guess once I found out that we have common interest then I could talk freely to them.
And if they are new in crypto I would talk to them about how it really works not  brag about the successful stories on crypto.

I agree with the fact that if one starts the discussion with the price it can look like a scam/ponzi he tries to sell. But I still think it has to be mentioned from start, in order to catch attention.
Humans are driven by a certain degree of greed and some well chosen words about the current price and its evolution can make people pay attention about the fundamentals.

Not surprised if they disagree with your opinion since they didn't know and learn what Bitcoin it is, what they believe is only a physical commodities.

The first start you could introduce Bitcoin to them is comparing Bitcoin with fiat money and banking system, you can explain both of advantages and disadvantages between them. So, they would have basic idea to choose whether Bitcoin or fiat money will survive in the long run. You can also inviting them to join this forum to learn more some topic/discussion that they're looking for or had some question that can still need to clarify.

Anyway good job for educating to anyone in your university, because people still had low education of Bitcoin.

PS Never share/talk about your investment to anyone, you could be attacked by $5 wrench attack.

That was my first thought too, I was under the impression that OP was convincing them to buy bitcoin, if there are more people that are going to adopt bitcoin then it will be for the better, we need more intellectuals in this space.

Not sure it would be a good idea to start with talking about price to be honest, at it would easily look like selling a scam to others. Personally, I would start with Bitcoin's important characteristics(non-custodial, censorship resistance, predictable and unchangeable supply schedule, and such).

But hopefully your sort of presentation would at the very least spark an interest from them, ending up with them doing deeper research into it.

Pretty hard to introduce someone to Bitcoin when they already have some certain thoughts and beliefs impregnated in their mind. When you realize they simply don't want to be even a little bit curious about BTC and only care about what they've been told, you want to give up any kind of hope that you have left...

Congrats for introducing others to BTC, but I still think that it's only a matter of time before a very large amount of people will start researching BTC themselves. The world's economy is crippling. They'll look after decentralized currencies.

I'm a computer student, and I discussed bitcoin at a university meeting today, and I think it would be interesting for you to know what both professors and academics think about bitcoin.

I started by saying that bitcoin is expanding and that big governments are looking for bitcoin, and that the price of bitcoin has grown tremendously over the last few years.But professors who disagreed pointed out that bitcoin does not even have strong backing! Bitcoin is like something that does not exist, and people leave their capital in the hands of those who control the market.

I told them that Bitcoin is part of the blockchain network and today most large companies and even banks use this technology. If this were the case, it would have happened 10 years ago & it is the global markets, such as the stock market, that are controlled by the powers that be, and that is why they are afraid of bitcoin.

At the end of the session, I introduced most of them to Bitcoin, and some of them even took the address of an exchange from me to buy some Bitcoin! This is the power of Bitcoin.

You too can invite more people into this digital world by talking.
I'm also happy to share your experiences here.