[Seriously] How can I explain Bitcoin to a grandma or grandpa? - page 2.

KaliLinux

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Quote from: Dabs on June 13, 2016, 01:51:07 PM

Paypal meets BitTorrent.

No need to explain. Just tell them you need to turn off the internet if you want it to stop.

Yeah

. Its very hard to explain what is BTC because of their generation dosen't aware of our new technology about internet. If they luckily know means we can explain btc is like a online banking where we holding our money and transact in internet. Thats it. Then its again bit difficult to explain about BTC if they didn't know about online.

Dabs

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Paypal meets BitTorrent.

No need to explain. Just tell them you need to turn off the internet if you want it to stop.

tyz

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The problem is that most of the older generation do not really know what the internet is or what "online" mean. Sure some has already used it but most not. So, better strategy is to explain that Bitcoin is a modern version of Gold or Silver. This could work very well, but stay away from explaining them the technical side of Bitcoin.

Quote from: Cybertron00 on June 11, 2016, 08:16:36 PM

Well you simply say that bitcoin is a currency that can be used online. Grin

It is a cryptocurrency that have a potential to grow in the future. But I personally think that it's impossible to persuade them to use bitcoin.

hermanhs09

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Quote from: Cryptonitex on June 11, 2016, 11:37:43 AM

Seriously... I tried. It's impossible.

I really don't think it's impossible. They might be a bit dumb but usually if you are patient enough to explain something to them, you can get the general idea across. After all you're their grandson.

I think the best way is to give them a Christmas present of 1 BTC. Let them figure out how to redeem it Cheesy

Edwardard

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Quote from: Frost on June 10, 2016, 04:40:19 PM

I wonder what is the easiest explanation of Bitcoin that you can come up with? Grin

'advantages like hold and increase your money' is the easiest explanation that you can give to your grandfather. also give him the link to blockchain and bitcointalk. further he will learn it by himself.

Sniper44

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explaining bitcoin to a grandma or grandpa can be the mission impossible.

but i think the best way to do it is to use a good video, you may find some on the internet by searching in youtube which might help you in explanation.

shinratensei_

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Quote from: Cyaren on June 11, 2016, 08:39:40 PM

Quote from: Frost on June 10, 2016, 04:40:19 PM

I wonder what is the easiest explanation of Bitcoin that you can come up with? Grin

Well, explaining anything to a grandma/grandpa is difficult in my opinion. Especially with new technology. If they are familiar with economics, just say that it's better than banks. You don't need banks when you have BTC.

It is decentralized, safe, global and anonymous.

Maybe it's will easier just to explained with them with simple reason and easy to understand like,I can get bitcoin for free and I can sell it for some dollar.

The Sceptical Chymist

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Tell grandma or grandpa that bitcoin is an asset that you can't see, touch, hear, or taste, isn't backed by precious metals or a business and whose value can rise or fall by 30% or more within the course of a day. My guess is that if your g-folks are 60+ years old then anything you tell them about cryptography, SHA-256, decentralization, etc., will fall on deaf ears unless they're educated about computers and stuff. A lot of grandparents aren't. Mine are all dead, but they definitely were bystanders to the tech revolution.

lienfaye

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Bitcoin will be difficult to explain to our grandparents, they may not be familiar about happenings online. if i were to explain this to my grandparents, i would say that bitcoin is digital currency just like fiat.

betohell

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Quote from: Cryptonitex on June 11, 2016, 11:37:43 AM

Seriously... I tried. It's impossible.

I think nothing is impossible. there are many parents who are adept at using computers. at least they can use the internet. they could definitely use bitcoin nothing is impossible dude

MicroGuy

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Quote from: Frost on June 10, 2016, 04:40:19 PM

I wonder what is the easiest explanation of Bitcoin that you can come up with? Grin

Bitcoin is an improved version of physical gold. It's like the old model only now you can send it through the internet.

~~

BellaBitBit

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Cyaren

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Quote from: Frost on June 10, 2016, 04:40:19 PM

I wonder what is the easiest explanation of Bitcoin that you can come up with? Grin

Well, explaining anything to a grandma/grandpa is difficult in my opinion. Especially with new technology. If they are familiar with economics, just say that it's better than banks. You don't need banks when you have BTC.

It is decentralized, safe, global and anonymous.

Cybertron00

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Well you simply say that bitcoin is a currency that can be used online. Grin

It is a cryptocurrency that have a potential to grow in the future. But I personally think that it's impossible to persuade them to use bitcoin.

the_poet

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You simply say it's money controlled directly by the people. Unless you're talking to a person with a technical background, your explanation can't be very detailed.

Qunenin

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Quote from: Cryptonitex on June 11, 2016, 11:37:43 AM

Seriously... I tried. It's impossible.

Why do u need to explain them about the bitcoins. They not going to use it even if you tell them so it no use explaining them. If you need to permote you should teach about bitcoins to your children or grand children, as they will be the the ones using them.

Cryptonitex

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Seriously... I tried. It's impossible.

lolxxxx

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Tell them that it is anonymous.
Tell them it is secure.
Tell them it is easy to use and reliable.
Tell them that they can send money to their loved ones in world anytime with one click.
Tell them that its best for long term investment.
Tell them that transactions are free of cost and instant .

But one question why do we need to explain bitcoin to grandma or grandpa ? Let them enjoy the remaining days of life instead of telling about bitcoin Tongue

BlackPanda

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it is very difficult. I think a better explanation bitcoin accepted by young people. if it had touched an old age it is very difficult. because before explaining bitcoin we are required to explain how the computers and technology. I think it's impossible.

PeRo

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Depends on how much they know about technology. If they know a little bit of something, you can just explaim them that it is a digital currency with no goverment involved, a high price and low transaction fees.

If they don't know anything about new technology, you probably shouldn't bother explaining.

Topic: [Seriously] How can I explain Bitcoin to a grandma or grandpa? - page 2. (Read 2266 times)