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It depends on financial knowledge of the individual. Some people are completely clueless and can’t understand currency at all so the prerequisite knowledge is lacking to comprehend the innovation of immutable decentralized currencies. However, put them in a situation where they need to make an international transfer and have them compare the process to making a payment with Bitcoin and the advantages start to be too vast for anyone to ignore.

Then such an explanation will immediately raise a counter question, why do we need bitcoin if it performs the same functions as fiat money? Obviously, such an explanation will not be enough for a complete understanding. Bitcoin is too complicated a topic to try to explain something to a person who is not familiar with cryptocurrencies. In addition, there is enough information on the net so that everyone can, if they wish, study everything that interests them, I think this will be an even better option.

It will be so hard making an ordinary individual or person's to comprehend bitcoin investment. Without knowledge of technological advancements, the average person will not comprehend anything about bitcoin.
I must first ensure that the individual understands how technologies are used and their advantages before I can introduce someone to bitcoin or teach them about it. After that, I can use bitcoin as an example of one of the best digital investments that will be profitable, secure, and decentralized. I'll also make sure I have some investments and earnings from my bitcoin investments because you can't recommend a business that you are not fully confident in or from which you are not making money.

explaining bitcoin to beginners is indeed very difficult, and we have to know if they are indeed keeping up with technological developments that are increasingly developing, if indeed they are always apdate in every information I think it is easy to explain the performance of bitcoin, not a tool to get rich quickly but can make us rich if we can use it well, but for ordinary people I think it is difficult to explain bitcoin that can make money by investing and mining, Moreover, explaining the wallets that we must use to be able to make money.

Not just that, bitcoin is not easy to understand, if they didn't get the whole concept of bitcoin and how it works it may cause a big loss of them of not being aware especially if they invest so fast even they have lack of knowledge about it. We can introduce bitcoin to a person by letting them know how it works. Send some links or anything to read about bitcoin that will enlighten them more. We should also include the pros and cons of bitcoin, tell them the volatility of it that not all the time its price is high. No one can know when it will pump or dump, all that he can see is a prediction only by experts in trading and its up to him if he will believe on it or do research on his own.

What are you saying, dude? You can easily make someone understand about the coins within an hour. Yes, provided that the guy is good enough to understand how the thing works. Bitcoins are like just another investment or asset. If he or she has ever invested in gold, then this is similar. Here, everything is just digital instead of physical. You buy the coins, hold them, and when the price increases, you sell them for profits. It’s very easy, as I explained. Moreover, creating a Bitcointalk wallet is as easy as opening a Facebook account. So I don’t get which part will be difficult for you to make your friend understand about Bitcoins. Will it take so long?

It should go like this, Bitcoin is a modern way and the best safer way of transacting money, not fiat but a term we call cryptocurrency. A great innovation that is not privately owned or controlled by a centralized government but 100% decentralized.

It's a good idea to compare bitcoin to fiat and tell them the difference between the two. But I think we will never be able to explain in a concise way to help someone fully understand the full range of features of bitcoin. Instead, provide them with relevant documents or videos so they can study bitcoin on their own, and we'll just explain to them what they still don't understand. This will save both of them time and give them a thorough understanding of bitcoin.

I learned about bitcoin through a friend, but through his explanation, I didn't understand anything about bitcoin, and I searched for videos and knowledge on the internet to fully understand bitcoin. I find that understanding technology through words is extremely difficult.

One day or one week will not be enough for someone who wants to learn about Bitcoin if he doesn't know Bitcoin at all before, because there is a lot of material that has to be explained one by one and it obviously takes a lot of time. I think taking a quarter of a year or in other words three months is quite enough to give someone who is very new to every explanation there is in Bitcoin. The rest he can find on his own by continuing to diligently read and try things he has learned before.

As a novice, all I can say is that Bitcoin is the future and that one can achieve a lot using it. Then, I will urge them not to invest in it right away, but rather to go learn the fundamentals so they will know what they are going into. They can read about and understand bitcoin easily at learnmeabitcoin, and I'll also suggest a few YouTube videos that will aid in their understanding.
I'll let them know that it's a 50/50 proposition and not something from which they should anticipate fast significant profits. They should only invest what they can afford and avoid borrowing money to do so.

I will only tell them to buy Bitcoin only based on the money they have and can afford to lose, and I don't think it is necessary to tell them about the units or fractions of bitcoin they can have because it will definitely be very confusing and those who want to invest in Bitcoin are not required to know this forum. I will only tell you that Bitcoin can be an alternative to savings and must take good care of it if he is able to store it in a hardware wallet which also requires money to buy it.

There is no easy way to explain bitcoin specially to those who really don't know about it, it is very hard to explain so we need to explain it in a very slow way so it takes a lot of time not just one day or a week it needs months before a person to know about it, just like in my part when i first know about bitcoin it is really hard for me at first because i don't hear the words bitcoins yet.

I'd just make it simple and go on to explain that bitcoin serves as the equivalent of fiat currency for online transactions. But, the people who buy and sell it around the world determine its worth. The government is not able to exert control, unlike fiat. I'll tell them it can grow value and reduce value with time due to some certain factors. And that they can invest and if they are lucky enough it might give them double of their investment but then they should only invest money that they can afford to lose.

I think it would be possible to teach people by comparing it to fiat, if only you could put the differences in there. Assume like this "USA has dollars, UK has pounds, Europe has euro, china has yuan and bitcoin is the digital version of it" that's what I enjoyed when I first saw it.

We all got together as people, and people created their own currency, it wasn't satoshi or whatever that made it what it is, they just founded it, but we took over after him and we made it into what it is today, and because of this, it is peoples money and not governments money. It is digital, it's online, and it's ours, not governments and it's decentralized, so nobody has any control over it at all.

If just explaining bitcoin like fiat money proves it to be unremarkable then they won't be interested in bitcoin, there's no easy way to explain bitcoin to people. Bitcoin is essentially virtual with no physical form and you only briefly explain it, which makes it all the more suspicious. The best way is to give them basic material about bitcoin and ask them to spend time learning about bitcoin. Only then will they see the awesomeness of bitcoin and will decide to participate or not?

   -    If you are going to explain bitcoin to someone, you should make sure they understand it. And for that to happen, link bitcoin to something similar to a credit card that can be paid online without having to spend literal money, and creating a bitcoin address is similar to creating an Instagram account. , Facebook, and Twitter.

It is not necessary to explain bitcoin literally because someone hearing it for the first time will not immediately understand it. No person who studied at the school who enrolled today and tomorrow will immediately graduate, likewise in its meaning and use it as a process and the right time until when it will be fully known.

I think we all need to realize that bitcoin is not entirely means money but a thing we called cryptocurrency. We can identify the idea of money and not entirely means bitcoin because I think the term money is entirely general term. But I do realize your idea that bitcoin can be called as money. We can also go to the idea of using it just like as we use money but more on online and through technology. Bitcoin nowadays are somehow common to many people just how the pandemic affects it. We can explain it to the others with the idea of how we use money but pure in technology and online. And yes, we can bought it and store it because of the idea of its being unstable or changing price. Bitcoin is evolving and advancing, who knows what might be capable in the future.

Bitcoin is not like money it is money. I think the best term to use would be currency instead of money but it works different to other currencies that people are used to and if you tell them it works like it they will expect it to be the same and when they convert it could make them leave because they are not used to the interface or complex terms used by the Bitcoin community. I recommend breaking it down for them and explaining the differences not just saying it is similar to the dollar.

Just like the whitepaper said, electronic cash. Finite emission 90% done, very hard to change rules executed by computers around the world.
No State, no banks/exchanges. Just people to people. Pay with bitcoin, get paid with bitcoin, wallet to wallet, accepted worldwide fin. Its purchase value is defined by the free market, and it has steadily increased since its creation in 2009. Can go up and down in the short term, but long term has always been the same: up. The more people learn about it, the more they want it, because of its merits.

Volatile internet money would be the easiest way to tell to a regular person what bitcoin is. I'm sure they will understand it from the word itself. If you really want to caught the attention of that regular person you can say that you can possibly earn money from it and make him use google if he got really curious about it. People tend to be really curious when they know that they can take advantage of something like earning on cryptocurrency, I know it cause I experienced it several times already. You can tell them to just use google for research and go back to you if they don't understand something or has jargon words in it. This is where you can easily filter the one who are really willing to learn about crypto.

Maybe I would tell them that bitcoin is designed as a currency, however since the world is not ready yet about this innovation, bitcoin is accepted today more as an investment. That way, at least they will know that bitcoin has two options, and not just as an investment alone. However, I also don’t like telling people about this and that. The best way is still to tell them to make a thorough research so they will clearly understand what is bitcoin and how bitcoin works. If they are still in doubt, then I don’t have to convince them for that because I don’t want to be blame if ever bitcoin frustrates them in the future.

There is always an easier way to explain Bitcoin but the problem is the understanding of the target person.  The easiest way is to say that Bitcoin is like money, it can be transferred, can be bought, can be gift, and can be used to buy merchandise.  Anything that is beyond introducing Bitcoin as money will complicate things.  So if anyone wants to explain Bitcoin in a simple term, just tell them Bitcoin function like currency that is why it is called cryptocurrency.

There is a reason why bitcoin is called digital gold. Digital Gold is probably the easiest way to quickly describe it. People understand gold is valuable and they understand gold was like the base monetary instrument for much of humanity for much of history and they understand gold is more valuable than the national currencies we all use today because you can't print it.

So probably the easiest way to describe Bitcoin is to say it's like digitizing gold purely to use as money but it vastly improved every aspect of Gold that made it great money. So it is much stronger money than gold was, but since it is entirely digital a doesn't need the giant banking infrastructure that national currencies need it is also much more efficient money than national currencies are. And it is global so any human on the planet can use it and isn't restricted to just one country like national currencies are. And then add in the kicker that it cuts out banks because you can hold your bitcoin yourself and don't need a bank to hold your money like with national currencies.

If they don't get it by then, they probably just don't have enough financial education to understand why such a thing is valuable.

OTOH if they want more explanation than that you have to start diving more deeply into what Bitcoin is and how it works and they will only understand if they are actually interested in learning about it.

Actually,if we just to explain to lay people what the OP conveyed is quite easy to understand.

I think your opinion is absolutely right, if we want to introduce and bring people further to know about Bitcoin, of course things are different.

If we want to not only explain but invite them further to get to know Bitcoin, it must be gradual so that ordinary people can understand.
And if we want to explain and invite people to get to know Bitcoin, we should really understand the basic knowledge and knowledge about crypto ourselves.
So that there are no blundering explanations to the people we invite.

I guess it depends. If the person is not good at using the internet, they might find it hard to navigate through the forum so it will be better if we can just explain it to them if what is bitcoin and its purpose. This is also best if we have a lot of time to spare but if not and then those people are kinda literate when it comes to the internet then we can just mention them bitcointalk.

It can save them lots of time for researching different topics pertaining in bitcoin because this forum can offer it all plus there is also a bonus section here which aren't really related to bitcoin and the blockchain technology. They can talk random things there which gets their interest.

Let's say bitcoin is internet money, and people on the internet use it like fiat money in their daily spending. However, its value depends on worldwide people who buy and sell it. Unlike the fiat, the government has the power to control. And it would be best if you shared some excellent content creators who can teach them with their videos on their social media platforms to know more about bitcoin. Make sure to tell them to invest what you can afford to lose.

Analogies.

I believe that this is the best way to explain Bitcoin to a regular person. I think let's also think of the background of the person we are explaining Bitcoin with. If we will explain it to a person who really has 0 knowledge on Bitcoin or investing in general, we must explain it on the simplest way possible and I believe analogies will work like explaining that Bitcoin works like money where we can use it on different transactions etc. etc.

Explaining it to a regular person would be hard especially if that person isn't interested at all, so what I'm doing is that, I will just explain the most basic things with regards to Bitcoin so that he will not be overwhelmed with lots of knowledge and after that, I will just let him do the research. Spoon-feeding isn't the way to go for me, but to let him exert some effort too thru researching, watching educational videos etc. and if he's interested on it, he will do it. If he's not, he will not do it and just simply ignore.

That's how people can understand bitcoin well, we can't explain bitcoin to someone with just words. Bitcoin is not too difficult to understand, but it is not simple either, so a suitable method is needed. We also have to watch youtube videos to understand bitcoin, so why not use this way to make people understand bitcoin?

I don’t think it is that difficult to explain bitcoin to newbie….
But it doesn’t mean that you have to explain them on the basis of penny/dollar concept…because actually dollar is a stable currency but bitcoin is not…..you have to keep that in mind ….
Easiest way of explaining would be by having them known about your investments and returns…..
You should also tell them about the risk factors…
They should be also be guided about buying bitcoin in fractions (satoshis)….
And it should never be forget to tell them that bitcoin is not one night rich thing….

I think the best possible thing to do is to share Andreas Antonopoulos YouTube videos about bitcoin. When I discovered bitcoin sometime around 2014ish, I was told to watch his videos and that he would in a simple manner teach me about bitcoin and it’s inner workings. I also read his book, Mastering Bitcoin. Im not very technical, so I didn’t understand like 75% of it, but the other 25% did teach me quite a bit.

Here’s an introduction to bitcoin video by Andreas - https://youtu.be/l1si5ZWLgy0

First is to mention its advantage or pros to get their interest. Then use of situations for them to comprehend it correctly; not all people would be able to understand, perhaps, volatility and supply-demand relationship. Then don't forget to mention about the disadvantages of this technology. When explaining something, one dhould avoid biases especially if you are just aiming to explain domething and not to persuade them. Usage of examples in line with what they are doing will simply make them understand things on an easier manner than to use technical terms.Indeed age should also be a factor because there is a difference with generations. Also literacy I guess. Not all people are in line with technology in particular with advancements.

We have to be able to sort out how to explain bitcoin to someone. If they are educated people I think some technical explanations will also support their understanding of bitcoin. But on the other hand, we can also say that bitcoin is a new type of currency that is not controlled by anyone by the government ^{[decentralized],} of course that is the basis.

I can also refer you to some of the most frequently asked questions about bitcoin because sure, when you say it's a currency that has value they will ask more.

Frequently Asked Questions

How I may explain bitcoin to a regular person depends on a lot of factors. These factors may include the age of the person, the profession of the person or the sector in which the person works in, the academic qualification of the individual, and our personal relationship. I find that using a relatable instance or example to explain a new concept to an individual makes it easier for that person to comprehend the new subject. So that is what I do. For example, in this post I made last year, I shared how I explained Bitcoin to my Octogenarian and Septuagenarian Parents about Bitcoin. I used something very relatable. And they sure loved the lecture.

More often than not, they come from a very basic understanding. However, that's the difficulty. It's turning the jargon into actual explanations which can be basically explained to anyone. That's what I've been struggling with. How do you explain something, that's completely different to the existing systems they use, but achieve exactly the same thing?

It's difficult to explain what difficulty means to someone who has no concept of it, there's trouble explaining why Bitcoin mining exists, and why it's designed the way it is. Of course, to someone who knows something about Bitcoin, they'll be able to get it, but doing it without the jargon, and as concise as possible has never really been my strong point.

I'd like to see someone attempt something like this; create a website that's dedicated to explaining Bitcoin's most common questions, in a concise way.

I personally don't think it's done a good job explaining. It's basically given a very broad overview, but when it comes to a new user actually exploring Bitcoin, and asking questions about the intricacies of Bitcoin, ChatGPT or any broad overview isn't going to cut it. They need the fundamentals explained, which I think I've come to develop an answer for that, which most people will understand. However, the more technical processes, are much more difficult.

Take these questions as an example:
- How do miners mine blocks?
- How are wallets secure?
- Where does Bitcoin exist?
- What is double spending?
- How does the Blockchain maintain integrity?

Pretty simple questions right? Most users could probably explain it, but would likely be using complex terms or new terms that a new user wouldn't be aware of.

Most people don't even know what decentralisation is, and why it's important. So, just saying it's decentralised isn't going to help a new user at all. As soon as you say that, they'll be a question about it. That's part of the issue too, much of these questions are fired off the hip, and are generally in casual conversations rather than a lecture or whatever. If you had enough time, you could probably explain a lot about what they need to know, however ultimately you're relying on them doing their own research, and putting the time in to learn.

I think that nowadays, we should employ the technologies available to us if they can help us. The op asks of the easiest way of explaining Bitcoin, so that a person understands the key things about it. Based on what I consider important (non-custodial wallets, the general definition, and that it's both money and investment), I made a prompt for ChatGPT to explain Bitcoin, and I think it did a pretty good job, apart from the fact that decentralization, peer-to-peer-transactions and blockchain might require additional descriptions:

Alrite, so you wanna know about Bitcoin, huh? Well, let me tellya, tryna break it down for a regular Joe is like tryna teach a cat how to fetch. It's just not gonna happen, my frend. But dont worry, Im gonna do my best to make sense of it for ya.

Bitcoin is like Monopoly money, but for grown folks. Its desentralized, so there aint no higher-ups pulling the strings. But lets keep it real, its probably gonna end up in the hands of a few rich dudes anyways.

Heres the thing with Bitcoyn, its still like the Wild West out here. No rules, no regulations, no guarantees. So, if you're thinking of throwing some cash in, you better brace yourself for some turbulence. But who knows, maybe youll strike gold and make it big! I mean, crazier things have happened, right?

Before explaining something the first point to check is what is the information level of the person whom you are trying to explain if he knows something about the discussion topic then the above information which you provided is quite good ( where you are trying to explain things in a broad way and trying to cover up maximum things ) But when it comes to the completely new person then feed the basic things and it will definitely work for both of you because feeding all the information about nodes, and their nature might be a bad attempt because people won't understand it.

Actually, I was confused between the Blocksize and the Number of Transactions on each block but after a good debate things are a bit clear

The hardest part for me, has been explaining how Bitcoin exists; which is an incredibly broad topic, but specifically what I can't seem to put into good enough words, is how to explain how nodes work, and how Bitcoin exists. While, I've given them an explanation, they can't seem to wrap their heads around it not being a physical item. I thought it would be easier these days, with digital money more popular than ever. However, comparing it to digital money didn't work.

They've asked questions like "But, where does it actually exist", then there's the other question that frequently gets brought up; How can you create a wallet, "without other people having access to it?", but what they're really asking when I get into it, is they believe that your Bitcoin wallet has to be stored somewhere centrally, like a hard drive, which of course it doesn't, at least not in the way they're thinking. I've tried explaining this several times, including the explanation of how nodes work, and that each node has a copy of the public ledger, and Bitcoin private keys are simply math, and therefore every private key technically, already exists. However, I've really struggled putting it into simple enough terms for people to understand.

It's actually led me to just not talk about it anymore. I'll be the first one to admit, I'm not the best at explaining myself at times, and I'm definitely not a teacher, but I've definitely tried my best. Even, sometimes I feel like I'm getting somewhere, and then some time passes before talking about it with them, and next time they've kind of already forgotten what we established last time around.

I'd like to think so, however if you look at my point above about the comparisons of digital money, it still doesn't seem to stick. Also, I believe statistics have actually shown that technical ability via computers has actually declined in recent years, despite the younger generation being more reliant on technology. The thing is, if you think about it, it makes a whole lot of sense.

Years ago, people have to basically fix their computer, and overcome problems themselves. These days, the problems have been simplified through interfaces, and better development. They don't need to problem solve as much as people in the early 90s had too. For example, I've taken apart a lot of computers in my time, but do you really see young people doing that today? I'm not talking about building computers for gaming either, I mean troubleshooting or trying to tinker their device to get the best performance.

Technically, it is. However, it isn't a secure wallet. Let's put it that way to not confuse new users.

It can do. Bitcoin wasn't created to make people rich, it was created to escape the reliance on banks, which poor people also use.

Right, but verifying in a insecure environment isn't exactly great either. To be able to verify a download etc, you'll need to understand the security of your system. There's no point verifying a hash, on a compromised machine which could be present false hashes.

Answer of your this question changes with the nature of the person to whom you are going to teach about BITCOIN. Well lets say, its child having no knowledge or a old man having less knowledge. You should start from the basics. like.

• what blockchain is and how btc is dependent on blockchain technology,
• Use cases of blockchain technology.
• What are smart contracts. and importance of impact that they can make.
• What is ledger, distributed system, concept of centralization and decentralization
• also teach them how banks works and how they control your money to get there advantage. This will open there eyes

There is more on the list but the density of above explanation changes with the nature of opponent's mentality. As we at least can know by asking him how much he/she knows or simple  judge it without making fool of them.
Your way is also good but do not start with exampling stoshi this will make things more complex like how many stoshies are there in 1 btc and how many btc are there in 1 satoshi this is not math. This is innovation and trend of blockchain that revolutionizes not only financial sector but a lot of other sector of life too.

Well, basic functioning and fundamental impacts that a new technology like btc can make on future should be the main context of your teaching's scenario. and that depends on you how would you teach them with what approach but before teaching them do some practice like on your self and ask questions to your self. That will also groom yourself too.

Right, bitcoin is a technology, a revolution that could change the world's financial system, so there cannot be only a few words to describe how amazing it is. With the era of technology development, everything is available online, and in my opinion, the best way is for everyone to learn on it, very easy to understand and more complete. If someone really wants to learn about bitcoin, advise them to spend a lot of time on bitcoin, we gave them a chance, it's up to them to take it or not.

There is no easiest way to explain Bitcoin to any person other than telling the truth and the importance of Bitcoin. They'll never appreciate the value and role of Bitcoin to them if they won't clearly understand it that is why we shouldn't hurry to teach them but rather do it step by step until we reach the goal. Because Bitcoin is not just a few words or a simple discussion but indeed, it was a long discussion which means that it takes time for the listeners to catch up. especially when we are mentioning some technical terms.

The easiest term would be 'internet money' and there's a deeper explanation if they want to proceed from that term you'll tell them.
As much as possible I avoid explaining with jargon words because most of the people in my circle aren't really technical in-depth with technologies, crypto, and blockchain. The easiest terms I use like online money, investment, and asset but when it comes to investment, they're becoming scared of them because many of them became a victim of online investment scams. But from there, I always get to explain that bitcoin is different from those that they've encountered.

It's easier to recommend goggling it because that way, they could understand more about Bitcoin quickly, depends on their level of intellect. Explaining it in person is difficult since you're only explaining the basics, in the internet, they could see some interpretation clearly so they can catch up easily about what Bitcoin really is.

The hard thing is that no matter what explaining you do, if they don't really want to understand it, you'll just waste your time.

I was once like this at one point, I literally thought that only those wealthy people could invest in Bitcoin, that you have to have amassed a certain amount of wealth before you can invest in Bitcoin and be successful but all changed after been introduced to bitcointalk and finally discovered what Bitcoin truly is.

It will be a little bit difficult for me to explain Bitcoin to an ordinary person without them having any knowledge of crypto or whatsoever, the best solution for me is to recommend bitcointalk to them that way they can have assess to has much information as they could possibly need. Me explaining to them will only limit them because of the limited knowledge I have but being here on bitcointalk will expose them to so many things aside from Bitcoin itself.

Maybe an easy way to explain bitcoin to new people is to say it is a high-risk investment, so they should think about the risks before deciding to join it.
Don't forget to mention that bitcoin has fast price movements. No one knows where the price will move.
But they can predict the direction of price movement by learning to analyze the market so they can buy when the price decreases.
But it's not easy to teach someone about bitcoin because many people still don't easily believe or don't want to know something they've never heard of before.

People are mostly listening to others mostly regarding the hype which they usually jump on and not conducting their own research this is the time if got unlucky lose their funds. Mostly if they heard testimony that they've earn profit they will then think that they can earn the same which is not true as we do have our own strategy as well as time when we bought it Always end the conversation to someone about the risk and you need to learn more as it is just a tip of the iceberg you explained to them

And who said to have full Bitcoin with you is necessary? Many here including me also don't have full bitcoin at this time but we can buy the lowest fraction say worth $10 also just keeping tx fees in mind that should be covered.This is best part for it like you can buy satoshis smallest unit of btc also and no need to spend $20k to own full.So this is misconception among many but they need to clear all these doubts out of their minds.

The younger generations aren't interested in the forum culture like us older farts, so this and all other forums have no significance to them. But if they get into some problems, they might stumble upon a forum thread that offers solutions and help. Some create an account to ask for help, but very few remain after that.

I wouldn't call Electrum or Ledger key tools at all. They have their pros and cons and I use both of them, but they are not a necessity by any means. If you run a full node, you don't need Electrum. If you have a Trezor, another hardware wallet, or an airgapped system, then you don't need Ledger.

As far as I understand, the chances of someone getting rich with Bitcoins are extremely slim. In other words, One couldn't hope to reap great fortune with it. However, you should try to earn a good income if you invest in it. In short, buy when the price is low and sell when it rises over time. Statistics show this has been the case so far.

Trying to understand how much 1 BTC is worth can be frustrating at first, especially when its value changes significantly on a daily basis. But once you emotionally detach from price fluctuations and start thinking in more abstract terms, it becomes easier to understand.

I haven't had many opportunities to explain bitcoin to someone new to bitcoin. Due to the fact that I actually asked more of my friends who were first familiar with bitcoin.
But I think explaining to the younger generation will certainly be very easy. especially if he is already familiar with the internet and knows a lot about the digital world or some kind of digital payment. but the real difficulty is explaining it to people who are completely unfamiliar with and seldom use the Internet. like people who live in the interior of an area.

Maybe making up an analogy with something they know is a better way. followed by introducing in advance about the internet. how to use it and about the many things that can be done on the internet. and then we can enter the financial system and payments on the internet. well then we begin to introduce the term bitcoin. Give examples and direct practice so that they quickly understand. and slowly we proceed step by step to a more advanced level. like about decentralized systems and other things. including the difference between POW and POS. and it is also important for us to tell them the clear differences between bitcoin and altcoins. and also about the risks and opportunities behind it. and many more to the next stage.

That could work too as people nowadays have become smarter since everything they want to learn are already laid out on the internet, its just a matter of due diligence so they can find the valuable information they are looking. And when they have queries, then we can assist them and lead them to the right answer. But most of all, let them develop first the virtue of patience and hardwork as they can can still never survive investing in bitcoin if they only have knowledge alone without good virtues that are keys to success too.

Well, that could be easier for them to learn as you are teaching them based on their line of interest. However for me, i would still teach them the basics first by giving them insights on what is bitcoin and its purpose and function. Then they can make additional research about it if they want to increase more their knowledge in bitcoin. But if they would ask me on how to be profitable with bitcoin, i'll just advise them to to know and understand what they are doing. Maybe that would create a hint for them.

If you do have time to allocate if ever someone do ask out about bitcoin then you could really sit up beside him and explain it all the possible way but just like the rest been saying that it is really that
suggestible that you should explain about the basics or something that would really be that easy to understand because not all are really that good or knowledgeable when it comes to tech
or any related things which would cause for them to lost track if ever you do make out some explanation.To make things worth or time to be that well spent
then assure up on something basing up on what he know about things specially on internet.

I strongly agree on this. People should not be taught first about how to invest in bitcoin especially if they have no knowledge about bitcoin. They should go with the basics first and that unlike fiat, with bitcoin they can be their own bank without the existence of a third party. And then teach them the purpose of bitcoin and how it should be deal with. Otherwise, if you teach a regular person about bitcoin investment, he will surely go for it without enough information and knowledge about bitcoin.

I, for one, start by explaining that it's a new form of money, based on pure Math, with no central authority and no need to trust anybody anymore. Then I continue with a comparison between fiat money and BTC, emphasizing how, while in case of fiat you have to trust banks and governs, in BTC's case you don't have to rely on anybody anymore. I continue by saying that, while fiat can be printed over and over, BTC has a limited quantity. Then I explain the difference between the inflation of fiat and deflation of BTC. Then I explain how, in BTC's case, there is nobody on this world to stop you from pressing "Send" from your wallet's menu.

I remind that bank accounts may always be frozen by banks, while BTC kept correctly, in your non-custodial wallet, can never be frozen by any entity. And, at this point, I explain the dangers some chose to face (knowing or unknowing) by using BTC in an inappropriate manner (centralized exchanges; centralized exchanges correlated also with bank accounts; KYC; hackers; identity theft etc.).

Then I explain how BTC is born, what is mining process and why it is similar to physical mining.

Then I talk about BTC's rarity and that, in time, its price should raise more and more, due to adoption and scarcity.

Then I take a break and I ask that person what questions he has. Then I answer calmly to all his questions... In the end I suggest some materials for reading.

This is how I introduce Bitcoin to a regular person.

I am not so sure this is the best way to go about this, if someone asks you about bitcoin and you see they really want to learn, it is better for you to sit down with that person and explain step by step instead of referring them to this forum.

Explaining things like the differences between bitcoin and fiat, why bitcoin exists at all, the most common scams and how to protect yourself from them are some of the very first things that need to be taught to anyone that wants to become part of this market, as this will save them a lot of headaches and losses in the future.

I don't even agree that explaining Bitcoin's volatility comes first. It's not even the second priority. To somebody who doesn't even know Bitcoin, how could he/she possibly grasp its volatility? Bitcoin's volatility only comes when you speak of Bitcoin's price.

Imagine a conversation that goes like, "Could you please explain Bitcoin to me?" And you go like, "First, you need to know that Bitcoin is volatile." It simply doesn't sound right.

When we introduce them with the money making stuff, the prime focus will be upon it. They never try to understand what really matters and the prime objective of the innovation. These days we've got more sources available to educate ourselves. Maybe we can direct them towards it and let them understand. If they need assistance in something we can teach them. This seems to be the better way than just introducing into the forum.

Most of the time on which people would really be easily get hooked up when they do see money making things on which it isnt surprising that this do really sparks out interest.On this way its better to make out those kind

of introductions which is pertaining on how to make money and this is where attention would be able to get into on a certain individual, but there are still things which needs to be considered out
because it is always suggestable that you shouldnt make out guarantees so that you wont really be ending up on getting blamed if ever their investment would go lost of track.

Also there are people who arent literate when it comes to technology which it do makes the introduction even more harder and challenging for them to understand.

Well said, this is a good way to make people understand well about bitcoin. Earlier people used to read and understand. Nowadays things have changed and based on the way they receive information about something their acts will change. So, initially we need something positive and attractive that could let him/her go through the forum.

You can start by introducing them this forum after which they would have been briefed by you on what bitcoin is and how they can understand it use and purpose, this community is purposely meant for bitcoin discussion and you could discover alot of threads that taughts about bitcoin on the forum, also let them have a practical example of starting if interested by putting them through, and finally dont force them to accept bitcoin or invest in it, let it be from their own decision base on how they think it's reliable and trusted.

- So what's this bitcoin you're talking about?
- Bitcoin is a currency, exclusively accessible via the Internet, which in contrast with regular currencies, isn't minted by a central bank or a government but by the network collectively, has a predefined schedule of inflation, is free for all to access, cannot be stopped or censored, and is basically a new kind of money.

Your method of explaining bitcoin to new comers I believe is the general method, one hundred million satoshi equal to 1 bitcoin is a popular and by far, the most easy to understand method for  bitcoin newbies.

And even after making the new comer understand that they don't have to buy one full bitcoin at a time, I also tell them that with as little as so so amount(in my local currency), they can't own their own bitcoin, and I believe that with such clear and detailed explanation, they are no longer scared of buying bitcoin anymore.

I also don’t see it working as what OP trying to explain especially to a regular person. Personally, I would explain first how volatile bitcoin is, that it could pump or dump its value anytime, unlike fiat that has always its mostly fixed value or price. And bitcoin is a digital currency that you can anytime use it through online transaction provided that the merchant also accepts bitcoin as a mode of payment. And definitely, bitcoin is not a get-rich-quick scheme, it’s a long term investment that needs proper management, as well as it can be a currency too.

I personally use an analogy that bases itself with what the person is most familiar of. For example, I had a sneakerhead in my friend's circle ask me about bitcoin and how to invest in it, being the informed friend that I am, I made things easier for him by putting it to a language he can easily understand. The explanation goes a little like this.

"Say, you're a shoemaker (miner), everytime you make a full Jordan 1 shoe, you get paid accordingly (mining rewards), so it only makes sense to invest on a powerful shoemaking tool (mining rig). That's how bitcoin mining works. however, just like with shoemaking, resources for it does not come infinitely (limited supply of bitcoin), so the less resources there for making shoes (less bitcoins to be mined), the more expensive it will become." That's basically how mining works.

"As with bitcoin investing, suppose that you are a sneakerhead (investor), not that you aren't right now. You own and resell shoes but a lot of them aren't really flipping for expensive prices, then you come across a certain jordan variant that could go for a high price or a low price, depending on the season (bitcoin's volatile nature and the bull and bear market), that's basically bitcoin investing."

That's pretty much how our discussion went. I implore people to make things easier for the people who ask them so they don't go back and forth.

Everybody must have noticed a method that works for them, for me I know that people like to use new things that they believe are better, I noticed this recently so I explain bitcoin to regular people as an improved payment method, and that always gets their attention first better than explaining it as something that you can invest in to get money. That always gives the vibe that it is something dubious since there are very schemes like that. After people understand and see the improvement that bitcoin has brought then I introduce to the aspect of bitcoins that still hold profit by buying and just keeping it.

You can tell the basic gist of it, that aluta without a central bank or a single administrator, which can be passed from user to user in a peer-to-peer network and if a person is interested, he or she will start to learn

If I had to explain Bitcoin to someone who does not know much about cryptography or technology in general, I would try to say that it is like having a bank account with the huge differences that it is not one single entity which holds your "anonymous" spending record, but rather thousands of voluntaries around the world who keep a copy of them (so there is no practical way for one single person to change your balance) and nobody can print or generate funds out of nowhere and censor one's transactions.

I believe those are good enough points of introduction to someone who does not know anything about Bitcoin, if the person shows any grade of interest and asks me for more information, then I would go further and talk about seeds, keys, wallets, miners, etc. Otherwise, they can do their own research when they feel like it, Bitcoin is not for everyone, after all.

Anyone who could be sceptical about Bitcoin, trial and the past good testimonies should be able to convince them. Bitcoin is not new/strange, so the burden of how to propagate it is light, you should first learn about it to have experience and the experience will guide you on what to tell others.

The goodness of the coin is not far-fetched everywhere, and the internet should be a very good reference point for you.

Also, this article should guide you and the intending Bitcoiner better: Gaining Bitcoin Trust (Get Informed)

I personally don't teach people about Bitcoin. I give resources they can use to learn after giving a quick overview, I can as well help to answer any follow up questions they have, in the course of their research. This way, they do the learning themselves and chose to stay interested or not.

Not sure what you're trying to say here.
Drawing similarities between familiar concepts like USD to explain how fractions in Bitcoin works is totally fine and can help the learning process. It has nothing to do with pegging or stable coins.

Easiest way to go step by step
Tip or airdrop them bitcoin; guide them how to send it, to sell it, and buy it as well. To do this, you have to teach them how to get a wallet. If they are interested in, continue to teach them making backup and recover a wallet.

Teach them about non custodial wallet at their first day is better than custodial wallet. You won't have to convince them to change from custodial to non-custodial.

History says it.

Why we have Bitcoin faucets.
Why altcoin projects have airdrops that are not allowed in Bitcointalk.
Giveaway threads are not allowed

An ordinary person should have at least some knowledge of what the Internet is. Sometimes even that becomes a problem. But fortunately, there are fewer and fewer such people every year, and if people can read, then the network is full of resources for different levels of understanding. I don't think you need to explain anything yourself from the very beginning. Let the person first understand that he needs it, and after reading some of the resources that advise him on education, he should definitely have questions that you, OP, can explain in detail.
For me, this is the simplest and most resource-intensive process, since there is nothing difficult about self-education; you just need to support a person along this path.

this is the non techy, first conversation explainer..

bitcoin transactions are like cheques

each cheque(transaction) shows
- the funds origins: bank routing number/sortcode/account(utxo)
- the destination 'to:' (output)
- the value to spend
- a signature to authorise the spend

bitcoins signatures are better then cheque signatures because its based on complex math done on the transactions details and a secret passphrase which combine to a unique signature(not revealing the secret) which can prove only the true owner of the origin funds could have signed it

these cheques(transactions) are collected into batches(blocks) where each batch(blocks) has a reference id(blockhash) of the previous batch(block) those batch linking(block chaining) them together

instead of a central bank clearing the cheques people around the world confirm and verify the blocks via alot of complex math, and everyone else on the network double confirms the blocks of transactions meet rules that everyone agree's. thus everyone has the same agreed data

.. if they are interested to learn more about the intricate details then you can send them to the forum or give them links to the more technical stuff of each part..

---

as for buying spending economics

its like most things
gold is measured in ounces on the market. but people buy/sell jewellery, electronics by the gram
meat/vegetables are measured in KG on the market. but people buy amounts measured in grams/pounds
oil is measured on the market as barrels. but bought by the litre

Bitcoins aren’t rocket science to be honest, you can easily make a newbie understand about it, by just simply explaining about investment and returns. And creating a wallet is like easy like opening a Facebook account. Just create a wallet, buy the Bitcoins, store securely in the wallet, and after getting some profits, sell it. If you know basic maths and how the economy of the country works, then using Bitcoins won’t be any problem.

I just explain to them only the tip like it is still fiat but its decentralize meaning no one is controlling it and still you can use it to buy and sell things as a payment method but it is like gold that it increase its value overtime and whats the best is it's digital you can bring it anywhere and any amount. Most of the people ive explained to this are just workers in government and my friends which they understand.

If you have the right decision, buy and hold bitcoin.

The only easiest way to explain bitcoin is by not talking about it, there is no obligation for anyone to explain bitcoin to people because without explanation bitcoin has given evidence in its journey.

It's scarier trying to talk about bitcoin to the uninitiated, people who are curious about bitcoin will inevitably create their own portion of knowledge, thus will try to learn to understand bitcoin as an investment concept. In most cases the advice will be of no use to those who do nothing, because the risks and fluctuations of bitcoin will bring them to a stage of incompetence.

Anyone can buy bitcoins in any amount, but very few people want to do it slowly to start buying, because of greed and wanting to get rich quickly from the investment being made. So it ends up in financial turmoil at a level of stability, especially in times of recession and inflation, investments have stages to apply and do not represent any amount to run, because adjustments need to be made to control risk under any circumstances.

The way I explain bitcoin to a person would totally depend on his/her personal background.

e.g. Personally, I'm around gamers a lot of times, so I explain it in a way that they can buy/sell their in-game assets without the need of risking their PayPal accounts getting banned and getting their transactions reversed because of bitcoin's trustless nature and transaction finality.

I think there's a huge leap right there. I mean, you're trying to explain Bitcoin to a regular person and you are already talking about investment and 1 full Bitcoin and repeat purchase. I don't think that's how Bitcoin should be presented to somebody who is yet to learn about it. I guess it has to start with the very basic, that Bitcoin is an electronic cash, that it uses a decentralized blockchain, no owner, no president or CEO or whatever, that it could be fully owned, can't be censored, that transactions are transparent and could be verified by anybody, and so on.

This is why people are having a wrong understanding, they don't have to buy one Bitcoin, but they can buy in fraction e.g. 0.005 BTC.

Are you really teach Bitcoin to a regular person with this? you're teach in a wrong way because Bitcoin price isn't pegged with USD price, actually what you're explain is a stable coin. I don't think it's confusing to understand about the fractions of Bitcoin, what most people don't understand are:
1. Bitcoin isn't a quick get rich tool.
2. Exchange isn't a wallet.
3. Bitcoin doesn't help poor people.
4. The concept of don't trust, verify.

Bitcoin is like email to the snail mail. The email bring BTC the snail mail being USD 💯. I would honestly just encourage that person who doesn’t know anything about it at all to simply do their research and point them in the right direction, personally I always tell the newbies to read The Bitcoin Standard by Saifedean Ammous