The difficulty of explaining Bitcoin to people is massive - page 4.

BlackHatCoiner

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Farewell, Leo

Quote from: DooMAD on September 29, 2021, 01:04:39 PM

Yeah, but in the same way kitchen cutlery isn't designed for stabbing people, just because some people might choose to use it that way, doesn't mean we should be encouraging it. Wink

If people are encouraged (more than discouraged) somehow to stab others, they will, aren't they? Well, kitchen cutlery doesn't incentivize me to stab, except unusual cases. Although, Bitcoin does incentivize me to buy it, sell it, upset the market since I can end up with more money than I had before.

You should also note something significant: If a serial killer starts murdering people with kitchen cutlery, its users aren't affected by this incident. On the other hand, if an individual appears with a lot of money, willing to manipulate the market, they affect the ones who use it ethically*.

*By that, I mean only for the supposed financial freedom it provides.

DooMAD

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Leave no FUD unchallenged

Quote from: BlackHatCoiner on September 29, 2021, 01:00:54 PM

Quote from: DooMAD on September 27, 2021, 10:55:52 AM

Nowhere in the design philosophy does it say Bitcoin was made to help people earn

When you're inventing something, or contribute to the science progress, you're responsible for the impact it may have. You can't really unsee the fact that Bitcoin yells for profit. A revolutionary form of deflationary money distributed in a completely hierarchical way makes a splash that it'll be approached by speculators.

It may wasn't made to help people earn and its philosophy might be ethical, but the way it'd be used couldn't really be imagined as followed faithfully by the philosophy.

Yeah, but in the same way kitchen cutlery isn't designed for stabbing people, just because some people might choose to use it that way, doesn't mean we should be encouraging it. Wink

BlackHatCoiner

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Farewell, Leo

Quote from: DooMAD on September 27, 2021, 10:55:52 AM

Nowhere in the design philosophy does it say Bitcoin was made to help people earn

When you're inventing something, or contribute to the science progress, you're responsible for the impact it may have. You can't really unsee the fact that Bitcoin yells for profit. A revolutionary form of deflationary money distributed in a completely hierarchical way makes a splash that it'll be approached by speculators.

It may wasn't made to help people earn and its philosophy might be ethical, but the way it'd be used couldn't really be imagined as followed faithfully by the philosophy.

bixiiMaphi321

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It's a bit difficult to explain about bitcoin, who are completely new to this world. Basically, people think that someone has full control of bitcoin and they are manipulating its price. From my personal opinion I can suggest you to share some information regarding bitcoin and blockchain network online with your family member or loved one rather than explaining everything from scratch yours from the very first time. There is a lot of knowledge about bitcoin and cryptocurrencies on the internet. All it takes is for them to realize that bitcoin is decentralized and its community in control. I think this difficulty is due to people's different understanding and their level of interest and enthusiasm towards bitcoin and cryptocurrencies.

Dewi Aries

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Usually i will only tell them, bitcoin is more like fiat. You can earn it with any ways like trading, offer some skill, gambling and anything else. Not only good ways to earn bitcoin, but bad ways and maybe risk if made investment in bitcoin and then tell them to google it by themseld. I will only show people what i only know because not want to give false information, and usually people around me not interested about technology, only how to make money with it.

DooMAD

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Leave no FUD unchallenged

Quote from: Peanutswar on September 27, 2021, 10:24:27 AM

Its too hard to tell to other people the world of bitcoin if they are not interested the only thing you can caught them is the word you can earn with the bitcoin of course no ones to skip a thing they could possibly earn its useless to tell them all about the bitcoin if they cannot make money on it. The only people will deep inside the bitcoin are the only one who wants to willing to learn the basic things not skipping only to the thing "i just want to earn here". Of course this kind of mindset must need to give an early warning that the market of the cryptocurrency or the bitcoin itself is volatile.

I think that's the main problem when people to try to explain Bitcoin to others. Most of them are giving people the wrong impression. Nowhere in the design philosophy does it say Bitcoin was made to help people earn, yet that seems to be the only thing people talk about. Too many eejits making out like it's a get-rich-quick scheme, when it's actually a social phenomenon based on financial freedom. More emphasis should be placed on the real use cases, not the rampant speculation and gambling.

Wildwest

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Do not bother thinking about such things, because not everyone will easily believe in something they have not learned, so tell them that the crypto world is one of the volatile digital currencies that has no control by anyone and cannot manipulate prices by certain parties, so to explore about the crypto world they must open a whitepaper to make it easier to understand it, Because of this thing we have also felt before and when we know how it works then there will grow interest to participate in the crypto world.

Turbolinea

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It is really hard to explain Bitcoin to people who are not related to the technology. These people are so accustomed to the traditional money that they don't want to give a new kind of money a chance. They have difficulty in understanding the main logic behind cryptocurrencies and their working. Even if they understand this, they are not very eager to invest into cryptocurrencies as they are very volatile.

Peanutswar

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Its too hard to tell to other people the world of bitcoin if they are not interested the only thing you can caught them is the word you can earn with the bitcoin of course no ones to skip a thing they could possibly earn its useless to tell them all about the bitcoin if they cannot make money on it. The only people will deep inside the bitcoin are the only one who wants to willing to learn the basic things not skipping only to the thing "i just want to earn here". Of course this kind of mindset must need to give an early warning that the market of the cryptocurrency or the bitcoin itself is volatile.

Yamifoud

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Quote from: SacriFries11 on September 27, 2021, 07:52:41 AM

A lot of people these days are becoming interested to cryptocurrencies but the problem is, most of them does not truly knew or understand it. Way back then, my friend who taught me about bitcoin only gave us sources and then let us worked on our own to learn about crypto. I guess it is really effective way to help others since internet contains lot of information that we need to understand this thing. On the other hand, we can be their guide in small things.

We can not be surprise why many had come to crypto investment as this very hot on the internet. People who are always online surely know about crypto, some did the searches but some did not. It comes to the interest of the people not saying they don't know any about Bitcoin but it was just of having a limited idea as they are new to this. But I expect they'll soon fully understand this thing, not even without teaching as they are more likely they keep on searching and having the internet is a helping tool for them to gather more ideas.

Fesatmas

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Quote from: blackened515 on September 27, 2021, 01:23:10 AM

Quote from: Cling18 on September 25, 2021, 06:19:49 AM

It's hard to explain Bitcoin to people who are close-minded and couldn't understand the real function and importance of cryptocurrency. Once I see that a person isn't interested in Bitcoin, I don't exert effort just educate them about it. A person who is eager to know about Bitcoin would do his own research instead of asking continuous and senseless questions.

You are right. Someone who really wants to know and understand the Crypto world, will make some research and won't be asking bunches of questions. Although, is difficult explaining Bitcoin to someone who knows nothing about it, they always end up asking unnecessary questions. Not everyone believe in Bitcoin, some people still see it at scam, I only explain and discuss Cryptocurrency with someone who is interested in it.

If you want to see someone belief in Bitcoin, of course we don't talk about sweet things, such as saying that the risk is also very necessary. So that the listener can have time to think and make his decision according to the risk he has agreed to. Investing in Bitcoin also has risks and we shouldn't hide them. bitter and sweet, beginners must know to be able to challenge them more and be ready for their decisions if they have a month to allocate their funds in Bitcoin.

SacriFries11

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Quote from: QuickAccount on September 23, 2021, 12:26:24 PM

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?

A lot of people these days are becoming interested to cryptocurrencies but the problem is, most of them does not truly knew or understand it. Way back then, my friend who taught me about bitcoin only gave us sources and then let us worked on our own to learn about crypto. I guess it is really effective way to help others since internet contains lot of information that we need to understand this thing. On the other hand, we can be their guide in small things.

Chato1977

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Quote from: QuickAccount on September 23, 2021, 12:26:24 PM

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?

meaning people around you don't know how to read? or to access internet to study and learn on their own?

Yeah they may ask but of course best to let them understand their own because at least they can't blame you if ever they fail.

melissacarter

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Hey! I understand how you feel. The thing with people who don’t know much about cryptocoins is that they won’t even try to understand the basic concept. First, I think you should tell them the basics. After that, you can even ask them to read about it online. It’s actually the best way for them to understand the concept and they can even search for some questions that pop up in their mind. That way, you won’t be blasting your mind trying to make them understand.

nurilham

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duelbits.com

currently bitcoin has touched all generations with this good development, but not everyone understands and understands about bitcoin itself. so as lovers of bitcoin and other cryptos we can help them understand and learn bitcoin. we can introduce investing in bitcoin is a profitable investment where all control is in our hands. we have to decide when to sell or buy bitcoins. besides that crypto technology is also safer and more sophisticated where it will function in this day and age where technology is increasingly sophisticated.

Natalim

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BTC to the MOON in 2019

Quote from: CPTHREE on September 27, 2021, 03:29:19 AM

It is really difficult to explain Bitcoin, but it is even more difficult to accept Bitcoin. Personally, accepting Bitcoin consumes a very large amount of my experience. During this time, I searched the Internet for knowledge about Bitcoin, and the results were indeed mixed. The main reason for this problem is that it is too difficult to obtain knowledge related to Bitcoin. If it weren't for someone I particularly trust told me what Bitcoin is, I might not understand it at all.

I can attest to that. Bitcoin is definitely a broad one and if you just keep reading its articles, it might be very hard to understand. Demonstrations and videos will definitely help if you have the willingness to learn. Its just that the learning will be easier if someone will be able to guide you.

There are really instances that some friends of mine will ask about bitcoin and how its becoming so profitable these days. I just tell them to that bitcoin has definitely high potentials to function as a currency and at the same time a good investment. And advise them to just google the rest so that they will have a full idea on what is bitcoin really is.

CPTHREE

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It is really difficult to explain Bitcoin, but it is even more difficult to accept Bitcoin. Personally, accepting Bitcoin consumes a very large amount of my experience. During this time, I searched the Internet for knowledge about Bitcoin, and the results were indeed mixed. The main reason for this problem is that it is too difficult to obtain knowledge related to Bitcoin. If it weren't for someone I particularly trust told me what Bitcoin is, I might not understand it at all.

Mpamaegbu

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Quote from: Wendy Simth on September 26, 2021, 09:46:51 PM

The hardest part is the change in perception. When I mention decentralization, they think it's unbelievable and even nonsense.More friends are interested in Bitcoin not because of its technology, but because they hear that they can make money.

Literarily, like bees to flowers and honey badgers to honey that's how humans get attracted to making money too. I think most people first got attracted to Bitcoin for the monetary aspect of it (I don't think it's wrong though) and then became fascinated by its technology. Teaching Bitcoin to a novice without whetting their appetite with the investment part of it where they can make money will be like winking in the dark. Even among my educated friends I still perceive that reluctance in them going the Bitcoin route after several attempts at teaching them. What most of them do is ask how it's fairing, especially whenever Bitcoin soars in price.

blackened515

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Quote from: Cling18 on September 25, 2021, 06:19:49 AM

It's hard to explain Bitcoin to people who are close-minded and couldn't understand the real function and importance of cryptocurrency. Once I see that a person isn't interested in Bitcoin, I don't exert effort just educate them about it. A person who is eager to know about Bitcoin would do his own research instead of asking continuous and senseless questions.

You are right. Someone who really wants to know and understand the Crypto world, will make some research and won't be asking bunches of questions. Although, is difficult explaining Bitcoin to someone who knows nothing about it, they always end up asking unnecessary questions. Not everyone believe in Bitcoin, some people still see it at scam, I only explain and discuss Cryptocurrency with someone who is interested in it.

GeorgeJohn

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Many people find it very difficult to understand the language bitcoin then and this happened when i know bitcoin, i know vividly how people i convince about bitcoin and majority is making well for bitcoin investment currently, it's very obvious that we still have quantity of numbers that doesn't know what bitcoin is, and in the same vein some people is not interested to know bitcoin and also learn cryptocurrency, it's very obvious that it's not necessary for everyone know about bitcoin, anyone who wants to listen should listen and anyone who wants disregard the information of cryptocurrency should go on.

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