Topic: Promoting bitcoin besides the profit making idea. (Read 531 times)

Certainly, when discussing Bitcoin and its benefits beyond profit-making, it's important to emphasize its utility and potential societal impact.

Firstly, Bitcoin is a decentralized currency that can serve as a global medium of exchange, allowing for faster, cheaper, and more accessible cross-border transactions. It can empower people in regions with limited access to traditional banking services.

Secondly, Bitcoin promotes financial inclusion by providing unbanked and underbanked individuals with access to the global economy. It offers an opportunity for those without a traditional bank account to participate in online commerce and financial services.

Thirdly, the underlying blockchain technology has applications beyond currency. It can be used for smart contracts, supply chain management, voting systems, and more, enhancing transparency and security in various sectors.

Additionally, Bitcoin's limited supply and inherent scarcity make it a potential hedge against inflation and economic instability. It can act as a store of value, similar to gold, and provide stability during economic crises.

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In conclusion, Bitcoin offers a lot more than just profit potential. It is a technological innovation with the power to reshape financial systems, promote inclusivity, and facilitate secure and efficient transactions. As a crypto payment gateway, Coinremitter plays a vital role in facilitating these benefits by enabling businesses to accept cryptocurrencies seamlessly.

I think there is nothing unknown to people about Bitcoin now. People are now very interested in using Bitcoin. Bitcoin can be used worldwide. Bitcoin is permissionless so it does not require permission to use it. Many Bitcoin users have found themselves financially affluent by holding Bitcoins for years. Volatility in the Bitcoin market causes the price of Bitcoin to fluctuate greatly and the demand for it leads to huge profits. Bitcoin is expected to be the top of the world very soon

Well, it's not really in our hands anymore to promote Bitcoin being an investment asset or not because the whole world can see how significant the price of Bitcoin has become since its inception, the reason why Bitcoin got this much popular is probably the value it has managed to gain over these years because humans want money and money was what Bitcoin was providing to its investors, as other people saw that happening, everyone started pouring in.

So, now the whole world sees Bitcoin more as an investment asset rather than a currency that can be used to make payments or store wealth, and since it provides profits over time, people are willing to invest money in large quantities to get benefited from these profits and that is how it's going for now.

Promoting bitcoin with its main goal is the best way. Bitcoin was created for the transaction. Borderless transaction with bitcoin is fast, hassle-free and cheap. Anyone can make worldwide big transactions with bitcoin for less fee and in no time compared to other payment types. It is also effortless, if you use other third-party payment gate-way to send money from one country to another and the amount is big you have to go through some serious verification. But with bitcoin you don't need to pass any verification or longer waiting time.

It is a consequence as a risk from trade and investment. You won't always benefit from whatever strategy you adopt, but occasionally you can also find yourself at a loss when the solids don't go the way you want. The volatility of bitcoin prices is something that cannot be debated, that's because no one and any intensity can control the price. That is, bitcoin trading is determined by traders through supply and demand.

After all, promoting bitcoin can be done in various ways. Exchanges play an important role in gaining more interest in trade, while others can promote their use cases such as adopting bitcoin as a means of payment at their business. Someone wearing a shirt with the bitcoin logo is also promoting bitcoin, that is because they allow others to become aware of bitcoin's existence.

It's the nature of trading. Even if it's not volatile, There will be a lot of people losing their money if many is winning since trading is just transferring of asset from impatient to patient person that usually take the profit. Trading doesn't generate liquidity out of thin air but rather all those profit is just came from other person money that is on loss.

Volatility on Bitcoin is not the problem at all. People is just too sensitive on price movement and react accordingly that's why many lose while they should be in profit right now if they didn't panic sell on bottom or panic buy during the top.

A lot of people get rich from bitcoin and also a lot of people fail from bitcoin, why do i say that??. The price of bitcoin is always volatile and a lot of people go into the crowd when they join, and they swing high and low

Oh my goodness, this is so prevalent in today's public sphere, where everyone is promoting Bitcoin solely because it can make money, without explaining the fundamental purpose of Bitcoin's existence. It really bothers me that some people are only focused on the financial gains from Bitcoin, overlooking its decentralized nature.

Bitcoin teaches us not to be fixated on centrally controlled systems. Indeed, throughout its growth, there have always been pros and cons that tug and pull Bitcoin in different directions. Those who exploit Bitcoin's volatility shouldn't consider themselves true investors. It's not just about the money; there's something much greater at play, such as educating about the security and comfort provided by decentralized systems.

I am confused about what to promote what about bitcoin if other than the ideas of profit, in the case of networks, decentralization, blockchain technology or automatic transaction bookkeeping, anonymity, value storage and others, in my opinion are the basic points of profits that we can get from the presence of Bitcoin, Because that's what makes Bitcoin valuable and I consider it an advantage.
I mean it is a profit idea that is not based on trade.

If you intend to the benefits of trade, I think it is a bonus from the presence of Bitcoin in the market in other words, not a Bitcoin core advantage.
So what can I promote if it's not the advantage, whether it is must shortcoming?

Making money is the ultimate goal behind every investment so as a investor it is enough to convince anyone who is interested in making money but the real adoption of bitcoin is not just about making profits or getting rich or bring equality. Bitcoin is something which is not controlled by government or individuals while people who own it actually controls it which is better than the traditional paper money we are just holding a paper and beleive it has an actual value.

There are fake news on the internet about everything, not just Bitcoin.
While there fake news, there are also real stuff out there.
I understand your point very correctly that one has to be careful about the information on Google search. But then, it is still a very important tool to get information, but we just have to be able to separate the fake from the real.

I would simply tell the person that bitcoin breaks the bridge of third party in holding of funds for use. It was invented to serve as an alternative to the fiat currency, which is the primary aim of it. Any other benefit derived from saving your money in bitcoin is just the secondary benefit of using it. The security and privacy it provides to individual is enough for one to venture into saving in bitcoin and also the basic knowledge of securing your money online amidst the computer age we are now will help improve ones IQ and knowledge about computer science.

But there are many articles spreading fake things about Bitcoin as well news about you can make millions from it by investing in it so it's tempting for new investors who will jump into conclusions without even understanding the risk.So google search is fine but understanding about it at the base levels is also necessary rather then relying on google only because they don't filter out wrong information also.

Even the technology wise advanced people find it difficult to understand the real purpose of bitcoin. When we come up with the goodness they'll cite something else and say all that you mentioned can be performed here. With some users it is impossible to explain how good is the technology and functioning on the decentralised style.

I'll explain the usage with comparison which will easily gets fixed on the minds than just explaining. Bitcoin's limited supply will be explained against the currencies that are simply printed. The process involved in a transaction through a bank and how bitcoin can be transacted. This comparison will give the understanding about the simple way of sending any big volume of funds.

The idea of being your own bank and controlling all your funds without the need of middlemen services is one of the main benefits of adopting Bitcoin. And I would add the fact BTC is a great currency when paying for jobs done remotely, involving employees and employers from different countries or regions, especially freelancers.

Before BTC we had Paypal and similars, which charged abusive fees for using the services. Now the transaction can be done directly between two parties, for a cheap price that is the cost of a Bitcoin transaction.

If I have to convince a person who doesn't have much knowledge about Bitcoin besides the fact that it is a digital currency, First, I will let the person know that Bitcoin is permissionless; it requires no permission from anybody, meaning nobody is controlling it. Transactions in bitcoin are fast and cheaper compared to fiat currency transactions that may take a long time when the case of  different country is involved. Bitcoin is volatile in nature; if someone buys it now, due to its volatility, the price can increase if there is a lot of demand, so it is good as a store of value against inflation.

While profit-focused narratives might dominate, it's imperative not to be narrow in our comprehension. Bitcoin's permissionless nature, allowing participation for all, especially the unbanked, is formidable. Moreover, as a censorship-resistant asset, Bitcoin's immutable transactions offer a lifeline for those under despotic regimes. Additionally, Bitcoin fosters financial autonomy, making you a self-governing bank. Beyond profits, Bitcoin can genuinely champion global financial equity.

To every person there will be something that will attractive about bitcoins to them, so when having a discussion with someone about bitcoins, always try to talk about all the benefits it has.

Talking about all the benefits in general and elaborately will be more convincing than focusing on just one point.

If you have limited knowledge about bitcoins and only know about the benefit of being able to make profit from it, you need to equip yourself with more information about bitcoins before you try convincing someone else, just incase you are asked a brilliant question by the person you are trying to convince, a question that needs answering to convince them that you really know what you are talking about.

I guess we should introduce Bitcoin to possible users/investors as a currency, which it is and is made for. When talking with someone in person, we should mainly point out the benefits of using Bitcoin rather than fiat currency and all the differences that Bitcoin makes. And then after that, an introduction to the market and viewing Bitcoin as a possible investment.

Even though this could help, most online ads for exchanges/bitcoin services or articles describe Bitcoin as a volatile asset that most use for investing and making a profit. Since information travels much faster on the internet it is almost impossible to make a counter attack to those kind of sources. Bitcoin will always be a type of a closed circle, no matter how much we want to spread the info and adoption.

I just want to sum up the main reasons others pointed out in the thread. Aside from profit-making, Bitcoin can help overcome banking restrictions/sanctions in countries where it's relevant; it gives a person a possibility of total control over their funds; it provides more privacy than banking; it's a way of avoiding intermediaries when performing transactions; it can be a good alternative to a bank account for minors who aren't eligible to get one; it can be useful for migration when you need something to store your funds in.
One that I haven't seen in the thread but find pretty unique is an argument that Bitcoin mining can actually promote a switch to green energy by being a major consumer, since green energy often has storage issues, and miners can take it because they're big clients who need a lot of energy.

The way I view bitcoin, it is not owned or controlled by any financial institution or government. It works on blockchain technology, which ensures transparency and immutability of data. As well as the fact that the Bitcoin blockchain is considered secure and difficult to hack. Each Bitcoin transaction is confirmed and recorded in a new block on the blockchain, making transactions difficult to change. Things to keep in mind before investing in Bitcoin or any other cryptocurrency, it's very important to understand and understand the risks involved, and only invest the money you can lose.

One good example is Pouch.ph who are promoting Bitcoin for adoption and as a utility rather than for profit. Because of that, they have made Boracay as the Bitcoin island of the Philippines where almost all of the stores, services, transportation, etc., are accepting Bitcoin as mode of payment but in lightning.

On top of that, they have also expanded to other cities and provinces slowly but surely for some coffee shops, bars, restaurants, etc., to accept Bitcoin aside from other mobile banking apps like GCash, Maya, etc.

Well some people doesn't really prefer to store their assets on banks since it's centralized it's just like saving your huge money. But in some other cases, people tend to invest or much better term is to control their funds for them to manipulate it of course by profiting and earning. The point is the system itself is already encouraging for people as they can do whatever they like without hassle with just the use of gadgets. You can enter the market wherever you want even you're at bed, outside or home. The convenience it gives to people is already one of the factor to convince people to Bitcoin, locally or even internationally. In short the decentralized nature of Bitcoin is enough for people to be hook into this industry.

@hugeblack wrote a very good post in which he actually concluded that it is much easier to promote Bitcoin as a decentralized currency in countries where there are serious problems with the financial system, and where the authorities strictly control every aspect of someone's life. If you try to do the same in one of the countries that are economically at a high level and where people live relatively well compared to the countries mentioned, then you will hardly be able to expect that the people who live there will accept Bitcoin as anything other than investment.

Yet it's not an obstacle for anyone to promote Bitcoin as a decentralized cryptocurrency anytime, anywhere - and not just focus on how Bitcoin can be profitable. Unfortunately, most of those who invest in Bitcoin do so solely for profit and have never made even the most ordinary transaction from CEX to non-custodial wallet, let alone that they have paid for some goods or services with Bitcoin.

Why would you want to promote Bitcoin to other people if you don't know what Bitcoin is good for, besides making money? This sounds like you want more people to invest in Bitcoin so that your investment would pump. That sounds a lot like a pyramid scheme.

If a lot of coins are owned by people who only want to make profit, then the market will crash hard at some point when they will start exiting the market.

It is one of the safest ways to transfer funds, though it might not be the fastest in local means of fund transfers, it can beat other services in terms of cheap and speed of transaction in global transfers.  Non-cryptocurrency transfers such as banks need a day to be completed.  Aside from that, Bitcoin also let the unbank to participate in the economic and global financial activity.

It's not a good idea to promote Bitcoin just for the purpose of profit, especially if the person you're speaking with is a professional. In my perspective, newcomers are more likely to take Bitcoin because of the possibility of profit, but it may not work for professionals. We have to put in our mind that the price will increase because of the buyers, and ofcourse most of them buying Bitcoin because of how it benefits them. So, in order to be a successful Bitcoin promote, you must have enough knowledge with Bitcoin and its benefits when you use it in your daily life.

Well, it has to definitely be different approach for different individuals.
An individual for example, who has dreams of being a nomad or Gypsy, may find that crypto currency is the best way to remain funded. Not having to branch into major towns just for bank related issues,  is one way, that will have saved more time trying to convince them to try crypto investment strategy for a change.

I know that, if we point people to see how Bitcoin investment can benefit and support their dreams without much hassles, then we may have already promoted Bitcoin without even mentioning the profit making idea embedded within.

Introducing Bitcoin to new individuals and persuading them to invest is undoubtedly a challenging task. I begin by explaining the potential risks involved, ensuring that they are well-informed about the downsides. Only then do I proceed to discuss the potential gains. By adopting this approach, I aim to provide a comprehensive understanding of the risks associated with Bitcoin. While some individuals I've convinced have chosen to invest, many have decided to stay away. However, it is often those who initially hesitate that end up regretting their decision when they witness a surge in the market. Therefore, it is essential not only to share ideas on profit-making but also to emphasize the potential losses that could occur. This balanced approach ensures that individuals are fully aware of both sides of the coin before making any investment decisions.

Telling people about the profiting aspect isn't all we can do and besides bitcoin isn't created for such purpose rather being created to scale up and to fast track the rate of  which payment are being delivered quickly than our traditional banks. I'v seen a scenario where those that are in Ukraine where not able to perform transaction using their banks and all banks that are located in the affected part of war where short down.

Anyone who holds bitcoin at that point could likely perform transaction and send bitcoin across to the affected ones who needs helps to save their lives, these scenario where the major points of why people should have and or hold bitcoin. I think people are overseeing the important aspect of it and liken it for profits purpose only that is why whenever the dip comes it affects series of people who only channels their thoughts on the profits aspect of it.

Having your money stored in bitcoin reliefs you from stress and unnecessary expenses from bank and people monitoring what amount you are holding and likely to have your wealth being controlled by yourself instead of a third party being involved or knowing how much you owned all can be converted into bitcoin and have peace of mind from bank and could perform transaction at anytime without delay or having to go the bank.

Good point, but that’s becoming a little obsolete nowadays. We’re practically exposed now more than ever so mere anonymity thanks to bitcoin is a little too ideal, I’ve heard news and seen people from across the space get found out and exposed for using bitcoin, even came so far as to cause financial issues for one guy who got found out by her ex wife to be hiding bitcoins from her, long story short the judgment didn’t go for him and he prolly lost a huge chunk of his property in the process.

So perhaps if you’re trying to seel bitcoin and its benefits to other people, let’s put security and anonymity at dead last, we’re slowly transitioning to a world that’s more exposed and bitcoin not dojng anything to improve upon these attributes that once had set it apart just makes things a little sticky for it.

If you want to convince someone who doesn't know about bitcoin - then it's difficult.
You have to go through the basic stages of promoting bitcoin among the initial public - if you say it's money, then obviously people will be confused without further explanation. So far bitcoin has real use cases in some countries, of course but still limited to legality in most others.

So instead of just being a profitable asset - then bitcoin is a currency that is being adopted more and more. Using bitcoin as a means of payment is a way for the community to support bitcoin and its ideas - but you can't just do it reckless especially when you're not in a country where bitcoin is legal as a means of payment.

You could send money to anyone, be it friends or relatives in any part of the world, for a very low fee. You can also pay for goods and services in Bitcoin to any client anywhere in the world. If you are a gambler and don't want to withdraw your funds to your bank account, you can withdraw them to your Bitcoin wallet address. You can freely carry out your transactions through the Bitcoin network without your identity being revealed. You can save up millions of dollars in Bitcoin, and no one will know you have those assets. With Bitcoin, you don't need anyone to secure your assets because everything is under your control.

I believe there are more things to tell someone about Bitcoin apart from the first one you have said. Bitcoin is not just about investing, holding, and earning; there are other more enjoyable things.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

There's no doubt about that, but purely depending on Google might make you end up getting the wrong information about something. The OP is aware of Google, but information gotten from people's direct opinions is more to be trusted than that gotten from written articles by those who gathered both the truth and lies about a particular subject matter just to make ends meet.
If you have less to contribute than just Google recommendations, I guess you could have just let go of the discussion.

Apart from Bitcoin being a digital currency worth investing in for the long run, Bitcoin also has many benefits that can be to told to friends about it's use case, such as that Bitcoin provide users with full ownership and control over their funds. Bitcoin has lower transactions fees compared to traditional means particularly for international transfers, making it the best option for cross-border payments. Bitcoin is very secure because of it's use of cryptographic algorithms making it difficult to tamper with or alter records, and lastly Bitcoin can be globally accessible to anyone with an internet connection & smartphone, irrespective of geographical location.

I understood your concerns here and I do have the idea of this limitation before as many threads are made on this issue before on BTT and I would like to mention the latest thread on which I was active. This will help you to buy the 2kg sugar in BTC if you want but the problem is I know you are from Pakistan and in Pakistan I merely see any shopkeeper accepting BTC as a payment method. But this thread is full of solutions to this limitations, it would be great if you could shed an eye on it.

• Bitcoin high transaction fees is a disadvantage to small business owners

Back in time, i watched some news about a small business owner who was accepting BTC as a payment method but now as Crypto is banned by the government then it would be hard for them to announce that they are accepting BTC.

Taking out profit as way of encouraging someone to use Bitcoin, I think a better alternative for the bank is the best feature you can sell about Bitcoin to your friend since you can send money person to person without the need a middleman (bank) to do the transaction is the most awesome feature of Bitcoin. You can envision a transaction that no one is tracking you for whatever you are buying compared to banks that your transactions is being traced and sometimes your account will be frozen if you purchased items that is not legal to your country while legal to others.

Bitcoin gives you freedom to deal with anyone without any worries that someone will watch every transaction that you made.

A financial instrument that allows you to remain free and self-sufficient anywhere in the world, regardless of the political and economic situation in the region.

A financial instrument that allows you to remain the master of your wealth and material assets.

I think it's kind of like that.

The fact is that there are tons of information flying around in the internet about Bitcoin. A simple search on Google will reveal so much benefits about Bitcoin, besides profit making.

Whether it's rare or not the problem exists, My view is also with the core community Ordinals have no place on the blockchain especially on Bitcoin because it was not the purpose but, Problem is still here because if I don't want to drink mango shake it doesn't mean other also don't want. Miners seem to be more greedy they are preparing well because, in the last congestion, miners got enormous rewards on the transaction fees even more than the block rewards.

1$ 2$ hmm, is a big problem because the transaction for the day-to-day products will be in Satoshis and it can vary from 0.5$ to 100$ of referring the 0.00005 BTC to 0.001 BTC and even to 1 BTC or 100BTC. So a person who is buying the product of 0.0001BTC is not ready to pay the fees varying from 0.0001BTC to 0.0003BTC and even more if the network is busy. For the proper mode of payment there we can't be dependent on that many fees even though we already have alternatives.

If I am getting my monthly salary in the BTC and I am sending the monthly expenditures to my family and for the rest of transactions above 0.002BTC I won't mind paying the fees but for the products like 1KG sugar and all that stuff, I can't afford the fee. In my view, this is the biggest limitation of Bitcoin being the universal currency. (Well this a matter of the future for now things are on Ok Ok level.)

Bitcoin can be used as a hedge against inflation. Many countries' currencies are losing value every day and Bitcoin has been stable for some time now. So keeping fiat in the bank can make the money worthless within a few years.

Bitcoin can help nations and individuals to invade sanctions and government restrictions. Most nations that have been sanctioned by some banks or countries can use bitcoin to carry out business and other transactions. In some countries, the government is implementing strict banking control that citizens have limits to their banking transactions. This has led to untold hardship because some businesses and individuals have to resort to illegal channels of accessing needed funds. But Bitcoin breaks such a barrier.

Before the congestion of the Bitcoin mempool, bitcoin transaction fees were cheaper than most bank transfers. So when the transaction price normalizes, bitcoin transaction fees will still be more competitive.

Apart from keeping Bitcoin until the price appreciates might not be the only intention of every Bitcoin holders. Some people don't want the state, organization, or individuals to know how much they are worth, so they decide to hide their wealth using Bitcoin.

1. Bitcoin is useful in countries with very weak currencies because it is a hard currency.
2. Bitcoin is useful in areas of the world where people are unbanked because it allows digital payments without the need for banks.
3. Bitcoin is useful for long term storage of wealth because you can bank yourself so it's like storing a chest of gold that nobody can ever find (note here I'm specifically talking about storing of wealth, not appreciation of wealth, since you want answers that don't have to do with appreciation of value).
4. Bitcoin is useful for people fleeing or migrating out of countries because it means they can store they money in bitcoin safely and still have it when they arrive in their destination country and not have their money trapped in their country of origin.
5. Related to #2, Bitcoin is useful in places where specific groups of people (like women) aren't allowed access to banks and financial services.
6. Bitcoin allows the cheap transfer of money which gets around the expensive fees of remittances when people send money back to their families who live in poorer countries.
7. For merchants, Bitcoin allows use of digital money without the ~3% credit card fees (using LN obviously rather than on-chain).
8. Specifically for bitcoin mining, not bitcoin the currency, Bitcoin mining solves a lot of energy (as well as some heat) related problems in the world.


I'm sure there are more but that's what I can think of off the top of my head.

Thanks for shedding more light on all of my points, as it would help the OP more in understanding this topic. i would like to add few point on here too, like you are right, no centralized body could identify your personal life until you connect your personal life with crypto sphere. Like i also created a topic on this about people does not really care about decentralization. And you said BTC transactions are not anonymous and i also did not said that. i meant to say the same as you said after it.
Totally agreed, but to be honest, network congestion (like the last one due to ordinals) is very rare, because these events are rare and occur oftenly, plus there have been many threads created on the issue of fee by many marketer and shopkeepers, who faced issues of fee. But i think fee is not that much minimum fee may vary from 2$ to 5$ maximum. And TBH size of the amount do not matter here. even if you are doing a transaction of million dollar fee remains the same.
self custody wallet no doubt a best option and we should also keep the open and close source factor in mind too.  I totally agreed with your exchange point. Like FTX exchange and the recent hacking attempt of atomic wallet.

By glimpsing over this thread, I have a few points to raise:

• Why do you want or need to promote Bitcoin? What's your motive to do so?
• What's the benefit for all if more people know and care about Bitcoin?
• What would need to be done to allow the onboarding of masses? Is it even possible?
• I claim, Bitcoin in its current stage of evolution isn't for the masses. Therefore why should we promote it despite making profit from raised demand?

Your topic seems to be very common for the fundamental characteristics people can search it on the internet as we cant repeat daily Decentralization, Scalibilty, P2P, Self Cutody, Security, and POW bla bla bla besides that there is something I would like to say partially related to the outcome fo the topic.

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I have seen a lot of people searching for opportunities, especially the teens and students who are more interested in making some extra money but points they don't have their own investment. So they even cant force their parents to invest in such a risky market. The Alpha generation wants to explore financial freedom and they looking at BTC BTC. I would advise those who know about Bitcoin and its fundamentals and have any type of small skill they should provide services and then invest that money into the market which will guarantee your safe future from a financial view.

This is the way how youngsters like me can stay close to technology and the financial world without disturbing their ongoing financial circle. Besides that, if you know any type of investor who invests his money in different assets you should guide him to pay some attention to Bitcoin this way you can guide him and bring some capital to market which will be ultimately your own profit.

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Hmm, wrong link and you should not post like this it will be counted as spam. I have checked your profile nothing there please generate some good content otherwise you'll face the consequences also there is no poll on your profile right now.

There is nothing much to tell someone who is newly been introduced to bitcoin that you have mentioned on your post OP. Tell them more about the financial freedom it gives to its users and it is used for transaction beyond boarders without an interim or third party. You should also tell the about the high volatile nature of bitcoin and the risk involved in bitcoin investment. Don't forget that if you don't keep your bitcoin safe it can be stolen by hackers and a noncustodial wallet should be used for storing bitcoin. Advice newbies to invest in long term so that they can enjoy the profit from their investment.

It's more advantageous to tell it to someone who has no bank account. Bitcoin suits well for those guys all they need is a wallet and yet it acts like a bank account for them. Teens are going to like this idea after all they can't get a bank account but with BTC, it's the equivalent of having one.

I told that to my niece who works at a grocery store and it seem to have convinced him to buy some BTC from me. I did give him a discount of course.

I do not like when people introduce others to Bitcoin as a means to make your dreams come through, but unfortunately that’s the most popular way to get people to get into Bitcoin. The idea of a digital system that allows you to make p2p transactions isn’t as enticing and captivating as “you can become a millionaire if you buy bitcoin and hodl for a year”. It’s not surprising that there are more searches of bitcoin and crypto groups on the net when bitcoins price is rising, a lot of people are primarily in it for the profit and they wouldn’t care less for the tech if there was no profit to be made. 

Usually, only few appreciates the technology and the purpose of bitcoin which is this...

But practically, more people only like bitcoin because of it's monetary value and the fact that you might become millionaire after a year or 2 just holding it. But sometimes after these kind of people learn how to earn bitcoin, usually becomes interested on the technology behind and becomes influencers and having advocacy of spreading the knowledge in different platform they have.

BTC network is decentralized, but BTC transactions are not anonymous, it is all recorded in the blockchain for anyone to see, BTC tx's are pseudonymous, that means you can keep your real identity if you protect your privacy well.
BTC tx fee isn't fixed and shouldn't even be discussed in fiat or any other currencies, but in sats and the fee rate in sats/vByte, the amount that a person would pay in tx fee cannot be known until you know what the size of the tx is, the wallet address they use and how congested the network is at the time of broadcasting.
That is only if the bitcoiner uses a self custody wallet, bitcoiners that keep their BTC's in exchanges and in lending and earning platforms can have their funds confiscated, or lose it if the platform bites the dust.
It also depends more on your own personal operational security.

Yeah, I think we shouldn't be promoting bitcoin as a "profit" making scheme, rather a currency that can be used globally without any third party being involved. But sadly most people associate bitcoin as an "asset" that they can invest in to make profit in the future. This destroys the whole purpose of bitcoin being a decentralized currency that will make people less dependent on centralized financial institution where individual people has no say in making any decisions, nor any freedom on how to use their money. But we can't blame people for using it as a long term investment opportunity due to some drawbacks that make bitcoin sometimes unusable as a day to day currency.

Many topics have been made on the same query you are asking here. Which is basically the features of BTC but your query needs different answers, because most of the previous threads point out the features which basically tell you why BTC is a good source of storing value. Here are some benefits came to my mind:

• BTC is decentralized which provides you full anonymity to remain hidden from centralized organization, which uses your transactional data to show different advertisements to you.
• BTC is a best source of sending money from one place to another place without the help of some middlemen who will charge you huge tax and feel. Like if you want to send money from foreign country to yours then you have to pay taxes and feel too but if you use BTC to send your money across different countries you will only be charged around 2$ for sending. Biggest example is El-Salvador country, there authorities has made one of the many statement that we are preferring it for legal tender because sending and receiving money through BTC becomes easy.
  Quote from: https://www.newscientist.com/article/2289763-why-has-el-salvador-officially-adopted-bitcoin-as-its-currency/
  but they have to pay high transaction costs, and 70 per cent of people have no bank account. Bitcoin enables quick, cheap payments across borders, and doesn’t require banks.
   
• BTC could be used to remove corruption from the system, because every transaction will be recorded.
• BTC saves your money from different bankruptcies of banks which could become a problem one a bank bankrupted you will not be able to send or receive money didn't  withdrawal become impossible until system return to there normal functioning but that not happen in BTC which indicates 100% availability.
• BTC provide exceptional security which is not guaranteed by every bank in most of the places on globe.

List is so long, but I would like to end it here. I hope it would helped you,

I have been there and done that but I would avoid talks like this in person. It's because people are hard to convince so if you're going to convince them, you really have patience and enticing to them.

Let us say that I'm able to say everything that I know about Bitcoin and the person that I am talking to isn't convince with what I've said with stuff, decentralization, volatility, halving, etc.

I'll just let them think of what they think with all of those factors that I have said and I wouldn't be pushy to them. That's not the goal, as long as I am able to speak and introduce them a bit on it, it's up to them whether they'll dive or not.

If someone want to hide and keep secret of his wealth from anyone else, Bitcoin can be an option since you can buy Bitcoin via decentralized exchange and use mixer to increase your privacy

If someone have an active online marketplace and accept all countries, Bitcoin can be an option because Bitcoin is a currency and borderless transaction.

I don't think there's any other good reasons except two above I mentioned, the decentralization, security etc are just additional advantages.

First, I don't make promises, or will I say I don't tell people that they can ever get rich with the help of Bitcoin when they were never Rich before they started dealing with Bitcoin? I always tell anyone who asks me how Bitcoin profit works that, to some point, I tell them that Bitcoin has past its 10x season and that there are no expectations of a 10-100x bull run in the coming days, weeks, and years. We should reduce our expectations in order not to get disappointed. Although there are also higher possibilities since Bitcoin price movements can't always be perfectly predicted,
 
 
Aside from Bitcoin being used as a means of investment with a possible ROI, I do tell people that it gives them freedom over their wealth, like total control of your funds, where you can use them whenever, wherever, and send them to whomever without seeking anyone's permission. Its seamless nature is one of the things I like the most about it; there is no limit to the amount that could be transacted at a time.

The basic idea of ​​Bitcoin is to break the need to trust a third party to transfer money to you, and these things will only be known to someone who was in a country with economic problems. Venezuela and Lebanon^[1], for example, are countries where individuals are not able to withdraw their money from the bank, and there are restrictions on withdrawals. We can draw on the recent bank crisis in the United States^[2], which made the Federal Insurance Corporation insure deposits of depositors below a certain level.
These topics apply directly because do not trust the bank.

Also, if we take what happened in Iran, Russia and some countries that have imposed a ban on financial transfers, Bitcoin is decentralized so that you can send money anywhere in the world with fees close to zero.

All of these are convincing and logical reasons and arguments that can be inferred to define Bitcoin more than the partial price or that it is an investment that will achieve a return quickly and profitably.



[1] Lebanese cannot access money in banks since late 2019
[2] 2023 banking crisis

To every products and services there's one or two widespread idea about it that is well championed among the public about it. Expect for a few persons in the crowd that have an expansive plethora knowledge of the importance, usages, and benefits that such product holds beyond just what meets the eyes.

so therefore, taking bitcoin into the picture, very much can be achieved beyond the fair idea that the currency is a source of profit making if held for longer period based on an increase in value it holds. just a way to broaden our horizon about bitcoin chiefly for the benefits of we the newbies that actually don't have so much to say about bitcoin finding ourselves in a position or condition that seek our exaltation about the currency beyond just describing it as a store of value if a person could invest and hold for longer term.

So I thought I should raise the question for the benefits of many others like me, perhaps, I don't know if such thread has been made in the past.

what more other convincible informative characteristics and benefits  can you give out to someone who has no idea about bitcoin besides the wide established knowledge that it is a digital currency that should you invest in for long you're going to be profitable or get rich by credit of a bull run?