Explaining people about cryptocurrency/Bitcoin isn't a big task. Here the receiver should be in a state to accept and should have the willingness to know about it. So, initially we must analyse and know whether the particular person to whom we're explaining about bitcoin is interested to know or not.
I haven't encountered big difficulty, because I brief and just leave it. If they're interested, then surely they'll comeback and ask about it further. Once a person whom I said about bitcoin shared the knowledge about it to a third person. Unfortunately I met that third person and he simply asked it is gambling right, I asked why you're saying so. He said it has grown high, as well as crashes unexpected. To such people it is quite hard until they understand it is something about technology.
Topic: The difficulty of explaining Bitcoin to people is massive - page 3. (Read 1105 times)
For me, I came across it online and was reading through it with no serious mind that it's a revolutionary technology that will become something big in the nearest future. At that time, I don't even talk about, cause that was the period where Ponzi scheme was rampart with in my countryside. That being said, anyone who ask me about it, I'll just say it's a new way of making moneif you can invest in it and they'll ask, is it not another Ponzi scheme? And I'll reply, here, you are the boss of yourself, with no one telling you when to take and leave your money. To an extent, it helped me then, and now, I'll give some heads up and direct them to read more about it online, cause most of them takes you to be one who is hiding his source of finance even when they flow with every new form of technological development around the world.
It's a little difficult to explain bitcoin to beginners. I think we need to explain bitcoin by comparison, yes even though bitcoin can't be compared to something, but it can make it easier for them to understand bitcoin. For example, we equate bitcoin with gold, because there is a physical form so it is easier for us to explain.
As a first step, we explain several things such as, what is gold, how does gold form, and so on. After that we just have to compare that gold to how bitcoin works.
Stick with the basics when you are making some explanation and even if you are just noob then its just impossible that you wouldnt able to understand even with the simplestAs a first step, we explain several things such as, what is gold, how does gold form, and so on. After that we just have to compare that gold to how bitcoin works.
terms but actually there are people whose really hard to give out some explanation yet they couldnt understand a thing.
Which it would be better if you do direct them on videos and other information which could really be seen on web, it is really just a matter of effort
on searching things up.
If you are serious then you would be finding ways but for those who doesnt care then they wouldnt able to learn.
Hey guys!
I have noticed that whenever people in real life find out that I use bitcoin, they ask me to explain it to them. For example, some family friends that are my age came over to my house around 2 weeks ago, when they arrived, I was looking at crypto graphs because I had a little bit of money saved up to invest. Bitcoin was on one of the charts, so when they walked into my room, they asked about it, "You do bitcoin? How does it even work?." So I started explaining it to them, but what they didnt get was that it is decentralized. When I was explaining it they asked "Why doesnt bitcoin's creator give himself a billion bitcoin?" I told them that it is impossible for the creator to do so since he doesnt have control over the network, but after I said that, they told me that I was wrong and that since He made it, he can control it, which is incorrect. Do you guys have any suggestions on how to explain coins to non-crypto people?
I still suggest you to offer them a Bitcoin whitepaper, if they don't understand what WP Bitcoin is then just say it's a kind of thesis or dissertationI have noticed that whenever people in real life find out that I use bitcoin, they ask me to explain it to them. For example, some family friends that are my age came over to my house around 2 weeks ago, when they arrived, I was looking at crypto graphs because I had a little bit of money saved up to invest. Bitcoin was on one of the charts, so when they walked into my room, they asked about it, "You do bitcoin? How does it even work?." So I started explaining it to them, but what they didnt get was that it is decentralized. When I was explaining it they asked "Why doesnt bitcoin's creator give himself a billion bitcoin?" I told them that it is impossible for the creator to do so since he doesnt have control over the network, but after I said that, they told me that I was wrong and that since He made it, he can control it, which is incorrect. Do you guys have any suggestions on how to explain coins to non-crypto people?
currently the Bitcoin whitepaper is available in many languages of the world and will continue to grow, the general public has been thinking that Bitcoin is like fiat which can be added/subtracted at any time, they are not wrong because they do not get the right education
and one more thing if when you explain Bitcoin to someone but that person feels he is smart, you better not continue because they are only looking for your shortcomings in explaining
If you explain it to people who ask and want to know more about bitcoin, it's not that difficult because when explaining it they will listen very well and will ask if something is not clear and someone asks something related to bitcoin.
and what they ask is enough to answer according to the knowledge we have then provide a link or site related to what is being asked for more details, if they are serious they will search and study it themselves because now it is very easy to find something they are looking for on the internet, what's more, bitcoin is now very popular and has circulated everywhere, in contrast to that time because it was still very foreign.
So it's basically easier to explain bitcoin to those who ask first than to explain to those who don't ask first, like talking to a statue.
and what they ask is enough to answer according to the knowledge we have then provide a link or site related to what is being asked for more details, if they are serious they will search and study it themselves because now it is very easy to find something they are looking for on the internet, what's more, bitcoin is now very popular and has circulated everywhere, in contrast to that time because it was still very foreign.
So it's basically easier to explain bitcoin to those who ask first than to explain to those who don't ask first, like talking to a statue.
This is definitely right! If the person asking for some clarifications will also do his own research or study as well, he will understand more about crypto. Because a serious person will not only rely to one source but he will search for more information. And with the technology today, you can basically learn new things over the internet. So you should not be worried about people not understanding you because they can always learn more outside your explanation. Also, one thing for them to believe is for example let them create an online wallet or account to any of your local exchange, and send a lil bit amount of coins, and let them see how they can convert it to your fiat. This will be a tangible move to show them that crypto has actual fiat value.
If you explain it to people who ask and want to know more about bitcoin, it's not that difficult because when explaining it they will listen very well and will ask if something is not clear and someone asks something related to bitcoin.
and what they ask is enough to answer according to the knowledge we have then provide a link or site related to what is being asked for more details, if they are serious they will search and study it themselves because now it is very easy to find something they are looking for on the internet, what's more, bitcoin is now very popular and has circulated everywhere, in contrast to that time because it was still very foreign.
So it's basically easier to explain bitcoin to those who ask first than to explain to those who don't ask first, like talking to a statue.
and what they ask is enough to answer according to the knowledge we have then provide a link or site related to what is being asked for more details, if they are serious they will search and study it themselves because now it is very easy to find something they are looking for on the internet, what's more, bitcoin is now very popular and has circulated everywhere, in contrast to that time because it was still very foreign.
So it's basically easier to explain bitcoin to those who ask first than to explain to those who don't ask first, like talking to a statue.
It's a little difficult to explain bitcoin to beginners. I think we need to explain bitcoin by comparison, yes even though bitcoin can't be compared to something, but it can make it easier for them to understand bitcoin. For example, we equate bitcoin with gold, because there is a physical form so it is easier for us to explain.
As a first step, we explain several things such as, what is gold, how does gold form, and so on. After that we just have to compare that gold to how bitcoin works.
As a first step, we explain several things such as, what is gold, how does gold form, and so on. After that we just have to compare that gold to how bitcoin works.
Hey guys!
I have noticed that whenever people in real life find out that I use bitcoin, they ask me to explain it to them. For example, some family friends that are my age came over to my house around 2 weeks ago, when they arrived, I was looking at crypto graphs because I had a little bit of money saved up to invest. Bitcoin was on one of the charts, so when they walked into my room, they asked about it, "You do bitcoin? How does it even work?." So I started explaining it to them, but what they didnt get was that it is decentralized. When I was explaining it they asked "Why doesnt bitcoin's creator give himself a billion bitcoin?" I told them that it is impossible for the creator to do so since he doesnt have control over the network, but after I said that, they told me that I was wrong and that since He made it, he can control it, which is incorrect. Do you guys have any suggestions on how to explain coins to non-crypto people?
I have noticed that whenever people in real life find out that I use bitcoin, they ask me to explain it to them. For example, some family friends that are my age came over to my house around 2 weeks ago, when they arrived, I was looking at crypto graphs because I had a little bit of money saved up to invest. Bitcoin was on one of the charts, so when they walked into my room, they asked about it, "You do bitcoin? How does it even work?." So I started explaining it to them, but what they didnt get was that it is decentralized. When I was explaining it they asked "Why doesnt bitcoin's creator give himself a billion bitcoin?" I told them that it is impossible for the creator to do so since he doesnt have control over the network, but after I said that, they told me that I was wrong and that since He made it, he can control it, which is incorrect. Do you guys have any suggestions on how to explain coins to non-crypto people?
If you cannot explain a concept in a simple fashion, then you yourself do not entirely understand it. Anything can be explained simply. As far as Bitcoin goes, there are quite number or educational and entertaining short videos on youtube that explain how Bitcoin works and why the technology behind it (Blockchain) results in Bitcoin being the better money.
The point of explaining to someone who doesn't understand Bitcoin yet is to get them interested. After that they will do the learning by themselves...
I never tell to anyone that I am already years in the crypto world because I am tired of explaining to people wherein they can learn it by themselves, whenever people heard that the other person is earning money from crypto, then that person who have heard that thing will get interested from it and will ask him. about it then suddenly upon knowing it, invest and losing their money they will blame you and will talk bad about crypto, that is what other people will do especially those who just have invested without doing any research.
Sometimes it is best to keep it to yourself as you have no headache dealing with others. But if someone close to you ask in a sincere way, why not? Because it is really tiring especially if the person asking you will not do his part, by educating himself also. Because if you will rely on others, would really be hard to understand things. Nowadays, the knowledge that we can get via net is massive.
Spreading knowlegde is always good and helpful to others.
I will prefer that we tell people around us about bitcoin and crypto currency. Even most of them won't want to listen to us but still its worth a try. I would say that even if we are able to satisfy one of out 10 people and they are agree to invest in bitcoins, then our purpose is fulfilled. The more the people know about bitcoin, the better it will be for the overall crypto comunity.
I don’t think you need to waste your time explaining it to people who have no idea about it. Just give them the basic definition and show them some websites where they can find all the information they need about bitcoin.
Sometimes, it is difficult to convince, explain or convey the message properly what you want to say.
It is also noticed how you can make someone positive when he is not listening to you attentively.
If someone wants to gain something , you can show him a video through youtube available on nearly all topics. there is a lot of information available on google and there are whitepapers on each cryptocurrency.
The most important thing is that, if you are earning through bitcoin then everything should be clear and Bitcoin's life period is not one or two years, its life has entered in the 2nd decade.
There are problems in all businesses of the world So there may be issues about Bitcoin and cryptocurrency but these are nothing.
It is also noticed how you can make someone positive when he is not listening to you attentively.
If someone wants to gain something , you can show him a video through youtube available on nearly all topics. there is a lot of information available on google and there are whitepapers on each cryptocurrency.
The most important thing is that, if you are earning through bitcoin then everything should be clear and Bitcoin's life period is not one or two years, its life has entered in the 2nd decade.
There are problems in all businesses of the world So there may be issues about Bitcoin and cryptocurrency but these are nothing.
To understand Bitcoin, you must first clearly understand what money is. Any kind of money is a promise made by one to the other, and Bitcoin records and announces these promises, so Bitcoin is real money, Is a carrier of information of "promises."
To a fresh newbie it is very hard to explain a topic like crypto , how they are issued , the decentralized nature , what effects the value , how to trade using the fluctuating value , the transaction fees and many more things , for explaining that to a newbie we must have our own concepts clear about legality because its the most asked question , well if someone just wants to invest they should not need to know about the microtransactions using blockchain , just briefing is enough
and most importantly about the risks involving in investing in bitcoins .
and most importantly about the risks involving in investing in bitcoins .
Honestly, it's as tough as you described. Most people that ask me have the mentality that "doing Bitcoin" means that you're making lots of money but it isn't! The best way I figured is to tell people that It's a currency but it is a digital type. And if they ask about trust, you can give them reference of big companies that have accepted/endorsed Bitcoin. That should help.
I never tell to anyone that I am already years in the crypto world because I am tired of explaining to people wherein they can learn it by themselves, whenever people heard that the other person is earning money from crypto, then that person who have heard that thing will get interested from it and will ask him. about it then suddenly upon knowing it, invest and losing their money they will blame you and will talk bad about crypto, that is what other people will do especially those who just have invested without doing any research.
Sometimes it is best to keep it to yourself as you have no headache dealing with others. But if someone close to you ask in a sincere way, why not? Because it is really tiring especially if the person asking you will not do his part, by educating himself also. Because if you will rely on others, would really be hard to understand things. Nowadays, the knowledge that we can get via net is massive.
I explain it to people about bitcoin in much the same way that OP did. Another of the most outstanding characteristics is the volatility and some ideas of why the variation of bitcoin prices occurs.
As bitcoin becomes more popular, people are becoming interested in learning how it works and how to start investing.
We must commit to taking a little bit of our time to educate people to enter the crypto space in an easy and safe way.
Tell them about the basics;As bitcoin becomes more popular, people are becoming interested in learning how it works and how to start investing.
We must commit to taking a little bit of our time to educate people to enter the crypto space in an easy and safe way.
-Whitepaper(tell on whats about p2p system)
-Volatility
-Risk factor on investment
-Real use case
Its not really that hard to understand even on the someone whom you do tend to explain without needing technical knowledge.
Common sense would be enough.
I explain it to people about bitcoin in much the same way that OP did. Another of the most outstanding characteristics is the volatility and some ideas of why the variation of bitcoin prices occurs.
As bitcoin becomes more popular, people are becoming interested in learning how it works and how to start investing.
We must commit to taking a little bit of our time to educate people to enter the crypto space in an easy and safe way.
As bitcoin becomes more popular, people are becoming interested in learning how it works and how to start investing.
We must commit to taking a little bit of our time to educate people to enter the crypto space in an easy and safe way.
Everyone in real life is with the idea of centralization which they always assume applies to cryptocurrencies and blockchain. You can start by explaining the decentralized nature of cryptocurrency, let them know that unlike the traditional financial institutions they make use of everyday, cryptocurrencies operate in a digital environment and is managed by a network of people, making it impossible for a single individual to own. That will make it easy for you, and for them to understand a little about bitcoin before going ahead to explain other beneficial features of bitcoin.
That sounded very challenging to all who have tried to do that, only a few of them would have to listen while the majority will just to ignore that is the reality. I did it and yes, they will ask you for assurance which is really hard to explain and convince them for that thing. But instead of insisting that it was not a scam thing, we just let them discover their own as I believe that someday they will come back to us and ask in regards to this. Some things might not happen too fast that especially when you are talking financially and when there is nothing to show with them physically.
Everyone in real life is with the idea of centralization which they always assume applies to cryptocurrencies and blockchain. You can start by explaining the decentralized nature of cryptocurrency, let them know that unlike the traditional financial institutions they make use of everyday, cryptocurrencies operate in a digital environment and is managed by a network of people, making it impossible for a single individual to own. That will make it easy for you, and for them to understand a little about bitcoin before going ahead to explain other beneficial features of bitcoin.
I can utterly relate to this, personally, it took me so much research to come to the limelight in understanding all about Bitcoin....
You'd agree with me that crypto is another world entirely and just as we live each day trying to make more out of our lives cause we only get to understand it better as the day goes by, that's how people should with Bitcoin.
Just try explaining the basis and let them continue the research them selves.
At the end of the day, Bitcoin cannot be understood by all.
You'd agree with me that crypto is another world entirely and just as we live each day trying to make more out of our lives cause we only get to understand it better as the day goes by, that's how people should with Bitcoin.
Just try explaining the basis and let them continue the research them selves.
At the end of the day, Bitcoin cannot be understood by all.
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