Topic: [Seriously] How can I explain Bitcoin to a grandma or grandpa? - page 3. (Read 2319 times)
it is so much harder to explain bitcoin to older generation in general. they are used to their old ways and usually they don't want to see any change. but in any case i think you should take the same route to explain to the as you explain to anybody else, and in this method i think a good youtube video will do wonders.
i wouldnt be bothered by that, older people usually dont get into technologies really well so i would just tell that its new money
I wonder what is the easiest explanation of Bitcoin that you can come up with? 
Anonymous digital currency. This is the best way to put it in 3 words. If you want to explain more you can say it's all over Internet and is decentralized no banks or any particular country doesn't control it. 
If you want a relatively simple and easy video for them to watch, show them this video; https://bitcoin.org/en/
If you want to actually explain it to them, tell them it functions mostly like normal money, but with some differences. Explain how more comes into existence, with the 21 million Bitcoin limit, how a block works, what it is and how it rewards the miners, explain how miners work and how they look for a string of code as opposed to just getting it, tell them how wallets work, and what services are available. Encourage them to ask questions, and study up on the technicalities of Bitcoin beforehand and then try to simply and condense them so they can understand.
If you want to actually explain it to them, tell them it functions mostly like normal money, but with some differences. Explain how more comes into existence, with the 21 million Bitcoin limit, how a block works, what it is and how it rewards the miners, explain how miners work and how they look for a string of code as opposed to just getting it, tell them how wallets work, and what services are available. Encourage them to ask questions, and study up on the technicalities of Bitcoin beforehand and then try to simply and condense them so they can understand.
I wonder what is the easiest explanation of Bitcoin that you can come up with?
It's will be easier for you to grandma and grandpa if you teach them about the usefulness of bitcoin in positive activities. And you can gather bitcoin for free no need some requirement for gather it.
1st of all hold your nerve, be calm and have patience when your trying to explain about bitcoin to someone who doesnt know anything of it, well you just can say its a internet money similar to your fiat currency earned in different ways like faucets, mining, trading, gambling, online job etc. and it depends on how they take it, well i tried to explain it to my friends and i wonder what did they understand, and i have no idea how to give a explanation to old age people:)
Sorry man, there's just no possible way. The concept is too radical. I have a hard time explaining my friends what is Bitcoin, they just can't wrap their heads around a system where no one is in charge of the monetary supply. My grandpas would never understand what the internet is, let alone Bitcoin. That's for the next generation man.
I wonder what is the easiest explanation of Bitcoin that you can come up with?
Not an easy task I can tell.
I'm even struggling to explain my parents how Bitcoin works.
My father seems to grasp a bit of it.But my mother only shrugs with her shoulders everytime I'm speaking about it.
And my grandparents absolutely have no clue.They don't even know how the internet works.
I wonder what is the easiest explanation of Bitcoin that you can come up with?
First of all, what is the reason for you to explain "seriously" what bitcoin is to your grandparents.
Are you just willing to told them about this currency seriosuly or just came up with an idea of making a thread here?
Alas at that old age it is unlikely they will be willing to take the time to understand the magic internet money. Just tell them it's magical internet money and be done with it
You can tell them that bitcoins are the digital currency. They may not easily understand it as they cannot even think of science and technology being so advanced. Yet you can try explaining them.
hi gran and gramps
can i borrow/have your life savings to invest in a new digital currency.
just get to the point with them,
as this is what i assume the conversation would really be like.
most likely they would not care too much, depending on their age
can i borrow/have your life savings to invest in a new digital currency.
just get to the point with them,
as this is what i assume the conversation would really be like.
most likely they would not care too much, depending on their age
Alas at that old age it is unlikely they will be willing to take the time to understand the magic internet money. Just tell them it's magical internet money and be done with it
This is a really good question I have not came up yet 
I tried to explain Bitcoin and all the crypto currency stuff to teenagers and young adults which are using social networks and computers all day in private and at work, but I failed. So I guess explaining it to the generation of our grandmas and grandpas is the biggest challenge you could have. Nevertheless, if you find a method or strategy, let me know. I can certainly use it to explain it to teenagers and young adults, too
I tried to explain Bitcoin and all the crypto currency stuff to teenagers and young adults which are using social networks and computers all day in private and at work, but I failed. So I guess explaining it to the generation of our grandmas and grandpas is the biggest challenge you could have. Nevertheless, if you find a method or strategy, let me know. I can certainly use it to explain it to teenagers and young adults, too
"Here's your allowance for this month, Grandma"
"That's so nice of you! How did you earn this?"
"I did mining."
"Mining? That's child exploitation and hard work for a 12 year old!"
"That's so nice of you! How did you earn this?"
"I did mining."
"Mining? That's child exploitation and hard work for a 12 year old!"
I think it will really difficult to explained to them, some of the grandparents even dont understand how to turn on computer, I think just forget it and dont bother to waste your time, but if you still want to explain to them, the easiest way to explain is " its digital money, you can buy things using it, but not all people want to accept the money"
this is the hardest task to do of all times.
although i think it really depends on the persons who you are trying to explain bitcoin to.
for example my grandfather doesn't really have a good attitude towards technology and doesn't even like to learn about it either.
but my other grandfather is more interested in technology and he is kind of up to date. so it would be different to explain to him instead.
although i think it really depends on the persons who you are trying to explain bitcoin to.
for example my grandfather doesn't really have a good attitude towards technology and doesn't even like to learn about it either.
but my other grandfather is more interested in technology and he is kind of up to date. so it would be different to explain to him instead.
Sometimes they are stubborn to know new technologies and trends in the internet and it is diffucult to explain it to them but if Its complementary to explain then just compare same commodity like paypal or else a credit card to a bitcoin .
Depends.
I saw many grandma's and grandpa's far more intelligent and capable of understanding the world better than me.
I also saw the ones who forget what they did 5 minutes ago.
If your grandparents are the ones like in the second example, then don't bother it.
I saw many grandma's and grandpa's far more intelligent and capable of understanding the world better than me.
I also saw the ones who forget what they did 5 minutes ago.
If your grandparents are the ones like in the second example, then don't bother it.
Money for the internet and then this is how you use it,,,,, simple
i think you can simply say to them that bitcoin it's like electronic fiat but without bank and government controlling it, this is the simplest way imho, also add that mining it's like printing lol, but with a better future
Jump to: