Topic: Smart Way to Introduce Bitcoin to Relatives, Spouse or Family (Read 418 times)

Maybe because of different habits. What I experience is, my family, friends, or even relatives always ask or want to know a lot about what I do, whether it's about finances, work, sources of income, or whatever it is. so I thought to make this topic according to what I experienced.

Yes, we must simplify the Bitcoin narrative to appeal to a broader audience, but we cannot strip it down to the point where it loses its essence. Bitcoin is a technological solution to a socio-economic problem, and to fully appreciate its value, one must understand some of its underlying technology.

Bitcoin was born out of the need for a decentralized, peer-to-peer form of digital cash that was resistant to censorship and tampering. If we aren't talking about the decentralization or the ledger, we aren't talking about Bitcoin.

Also, Bitcoin versus gold is an inevitable comparison that comes up when discussing stores of value. Avoiding it altogether doesn't do justice to Bitcoin's unique advantages. For instance, while gold is physically finite, Bitcoin is digitally finite and has advantages such as easy transferability, divisibility, and immunity to physical damage.

You need to remember how you found out about bitcoin, someone tried to tell you about it, or did you just hear about it and began to look for available information about what it is and how it works? If you know that your advice may eventually lead to the fact that your relatives will bear a grudge against you, then why do you need it? What is really worth doing is trying to explain to the wife/husband how good this opportunity is, that's all you really need to take care of.

i found your steps not that good enough (no disrespect) but you said we should not become technical jargon but crypto/BTC is technology so you have to step your foot into the river of technicality. Lets take an example, i am a newbie i know nothing about crypto back in 2018, and all i thought is BTC is some source of free earning, like all we have to do is click after every 24 hours on online mining platforms and money is being generated, well, after getting slapped on the face i left crypto, and in 2020 one of my friend help me to understand crypto/btc how?.

Well, first, i am not a traditional person and never involved into banking sector, so i did not aware of the traditional market or finance problems, i did not even aware of the global reserve cycle problem, so, what i learn is, how BTC is developed, Why it exist, Who is running the blockchain, What value it has in its decentralization and why we should value it too? How BTC is gaining value while it is just a programming or a block of code? How transactions are being made?

These types of question i learnt first, at that time there were no AI tools like gpt but today anyone could quickly learn these things in no time.

The point is, teaching your family and teaching anyone, requires different approaches, we cannot jut use the same strategy to teach them because they already knew what money and currency is but they are eager to learn how Blockchain is important with BTC and why BTC is gaining value, How can we get benefit from it? and instead we are teaching them the inflation, and global crisis and financial cycles and etc. Never compare Gold with BTC in front of traditional people because they will give up on BTC at start, Why? because they have spent more than you talking and listening about gold then BTC.

Not gonna be the family's outcast and have them be exposed to bitcoin, let them invest belligerently and then risk losing connections to them when they blame me when they lose their money. I'd much rather have them discover bitcoin on their own and be the guy who's supplanting them information about it, as well as how to invest and all that stuff that's needed to stay afloat in this industry instead of proactively teaching them what to do. Cause at the end of the day you wanna make sure everyone's not mad at you during Thanksgiving or Christmas Dinner, plus these people pretty much have their lives figured out without bitcoin and would probably persist with their current form of incomes so I don't really see any point as to why I should let them know about bitcoin other than it's a nifty thing to learn every now and again.

And if you are really serious in introducing them to this market, get ready to send them some.
In that way, it would be easy for them to understand the value of this coin in your actual fiat currency.
It is also relatively easy to teach them on how to trade a coin if you have something to work on.
Because if it is all talk, it would be hard for them to grasp what is actually going on when you trade this coin.
But do remember, only introduce this market to only family member who is willing to listen and eager to learn.
Otherwise, you have no responsibility to convince each of them to get involve in this market, as this should be voluntary.

I think it's a thing with OP when you run through his topics. They've to learn the arts of precis writing, among other things.

I don't think anyone meant any harm saying that. It's just a fact they're stating. Don't take it the wrong way. Again, won't it also be thoughtful that you take note not to make your lectures to these ones you're teaching lengthy. The major thing that will interest most noobs about the teaching of Bitcoin for the first time will be the investment part. The technicalities around it will bore them. Making it lengthy will be a double jeopardy.

That cracked me up, for real. It's true. I came to the irrefutable conclusion that there's no easy/smart way to teach anyone Bitcoin if they aren't interested. I tried teaching Bitcoin to people around me a few years ago and most of them avoided learning it. It's just of recent they're asking for my attention to teach them.

I don't like reading a long post like this OP, sorry about that but my reply is going to be about your topic because I already have an idea where all this is heading.

I don't just introduce Bitcoin to anyone, that includes my family members too, I have to look very well before leaping, because some people in the family are not always welcoming, they are in a mood that only encourages them to shut you the hell up.

Some are disbelievers, they always want to talk you out of everything you have in mind and even your goals, so the type of people that I like introducing Bitcoin to are those that are looking for ways to make money online, at least they have something to do with the internet and they are not illiterate.

After that I always make sure they are ready for the risks, and the responsibility of blaming themselves if they lost their private keys or if someone steals their Bitcoin, I always make sure they are the ones ready to face the good and the bad side of Bitcoin.

I always prevent myself from helping them do the buying and things, they must be willing to do the readings and learn how to trade on an exchange and buy Bitcoin too, I will never put myself in the position of doing such for anyone.

Your stance, though valid, overlooks the societal repercussions of surging Bitcoin adoption. Its not about swaying people, but fostering comprehension of Bitcoin' monstrous potentials and other cryptos.

Crypto-savviness is crucial today. Better Bitcoin literacy could curb income disparity, democratize financial services, and bolster economic stability. We, the pioneers, must shoulder the task of educating our peers, even the indifferent ones. Surely, folks will naturally drift towards Bitcoin. Yet, we must enable their readiness with unbiased, thorough, and palatable crypto knowledge.

The real problem here is your relatives, spouse and friends still not knowing what Bitcoin is, after all your explanations.
Some people simply don't want to learn and they don't want to understand. Trying to explain to them everything only makes them more suspicious. That's why the only winning strategy of introducing Bitcoin to your social circle is NOT introducing Bitcoin.
I just don't talk about finance to anyone in my social circle. Taking about finance(it doesn't matter if it's fiat or crypto) is like giving them financial advise. They might put the blame on you, if they make a wrong financial decision based on what you have told them.

However we try to educate a person on something, if he/she hadn't got the interest then it is kind of wasting our time. What OP have mentioned is good approach, but to make use of it first we need to find the person who is interested to learn and know about bitcoin and cryptocurrencies.

When technology is taught we need to make use of the devices. Showing how a transaction happens will let us know whether the particular person is interested or not. Depending upon that we should continue or just wind up with some basics.

Easy to say but not easy to do.  do you have a brief explanation that might get them excited about bitcoin?  i don't think there is a way for a complete newbie to understand bitcoin through just a few simple sentences.


I have never seen anyone who can convince someone to invest in bitcoin with words alone without any proof.  moreover, there is no reason to convince anyone to invest in bitcoin without getting any benefit.  investment is good for them, it's profitable for them;  why should we try to convince them when we won't get even a single thank you from them?  but if they lose, they will undoubtedly blame us.

I think whether a person will get interested or not depends on how we introduce Bitcoin to them but take not long introduction can take away the excitement of the person so we must introduce Bitcoin in the most exciting and promising way.  More on important but compact, this way people will easily undertand about Bitcoin.


I have seen people able to convince investors even though these investors are initially not attentive to cryptocurrency. 

No matter what strategies you try to use to convince people, those who will be interested will surely be interested, and those who will not develop interest will never be. I seriously like people to benefit from anything or anywhere I am benefiting, but no matter how hard you may try to help some people, they will never give you help themselves. I have tried many times to introduce some of my relatives to Bitcoin, but not all of them have listened, despite the different strategies I used.
 
So I just discovered that no matter how hard someone tries to carry some people to the right way, they will never come. Op You have really tried with the guides lines, and it may be helpful to some people, but I don't think it is necessary to convince people by all means to learn about Bitcoin. I believe when they think it is the right direction for them, they will surely find means to learn about it. 

Yes, keep it simple stupid like they say. I try this method most time. What is see with it is that it works sometimes for a category of people at other times it doesn't work. Remember that despite them being your relatives, family and friends some of them are also professionals. I come at them from the angle of their professional jargon and try to fit it into the message I am trying to convey. One mistake I made earlier was try to force them to accept my knowledge and teachings what I do now is that I lay the facts bare for them and leave it out there as a choice for them to choose from.

Bitcoin is the essential one to discuss with your relatives and share the knowledge with them.So they understand the importance of the Bitcoin and how effectively it work.So the investment will double with the number of investment increases.When you had enough time to teach others,you can teach your wife family too.It’s easy to teach your wife to learn about the cryptocurrency in short period of time.

That depends on the situation I think and in my sister's case is she is not very much interested in crypto even though I show her the money I earned because of BTC but all she will say is, I won't because it's so tiring and it's also in English plus I can't understand most of the topic that are being discussed then I told her that you may join the discussion once you have made se research. I think she lacks motivation in my opinion and right now I still told her and yet still lacks motivation. My other siblings know crypto and now I am the only one left who are still into crypto. I don't know their reasons but I respect their decisions.

The way you tried to convince relatives or family must be appreciated. Because in this way if someone can be explained in detail then anyone can easily understand. Especially summarized some of the things I've seen here that really effective. The way you explains the five reasons and their interpretations must be effective if implemented. I think that providing such detailed information about Bitcoin would certainly make it easier for anyone to hold it in their favor. However, since many people do not have a good idea about this matter, so should take time and gradually explain these things.

I've not done research to know whether it was copied verbatim but including sources does not mean there is no original content within it. Some can use sources as reference but organize the post including original content to it.

I don't want to try to introduce Bitcoin to my relatives, friends or others because, in the current situation where it is still difficult for them to survive because they have to adjust after the pandemic occurred, it will not be easy. They will prioritize meeting their personal needs before stepping into investment matters.

Only people with money "might" want to hear about Bitcoin. After all, I would only explain Bitcoin if they asked me what Bitcoin is all about. But I still advise people to make Bitcoin a long-term investment like they did gold. I've made several friends do a comparison between gold and Bitcoin.

And from there, they could see the difference and decided to invest in Bitcoin instead of gold. But if @OP thinks it's smart way to introduce Bitcoin to the people around him, he can keep doing it as long as he doesn't force people to follow what he's described. Everyone is free to decide to invest in Bitcoin or anything else.