What are the best ways of introducing someone to bitcoin ?

sheenshane

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Quote from: Assface16678 on October 05, 2020, 10:01:43 AM

This gives me a lot of curiosity and by that, I ask him to help me what are the things should I need to do so this caught my attention earning money with the use of it. Is there's someone who doesn't want to earn money? I don't think so.

Many people came across in the Bitcoin and in different communities just because of money, yes, that is the fact and we can't deny it.
But in order to earn money, you should learn first the function of Bitcoin and learn how the technology behind this crypto will work. That's not a simple way of introducing Bitcoin, nor just like selling foods on street, it takes time before they will understand that Bitcoin is very useful when it comes to the payment method or storing as a valuable asset.

IMO, it's not introducing, just give them an idea and thought how Bitcoin work. If they are willing to adopt Bitcoin, they will spend time on it to have research once they are interested. Don't waste your time giving them the whole explanation because you can't do that in a single day.

Assface16678

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I would like to share my experience because this is me before my friend introduces me to the use of bitcoin.

In my perspective, the bitcoin is just used for the deep web and any kind of black market transaction, and with the use of this coin before I think it's all illegal. After a few months and years, I discover there are different purposes with the bitcoin but the problem is how do I start where do I make research. I'm glad that a friend of mine is already starting into the different forums reaching and searching about the use of the bitcoin and you know what he introduces to me? You can earn money with bitcoin.

This gives me a lot of curiosity and by that, I ask him to help me what are the things should I need to do so this caught my attention earning money with the use of it. Is there's someone who doesn't want to earn money? I don't think so.

ololajulo

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Maybe we should deal more with the challenges from new interested people. I think its a better time to encourage family and friends to join in the investment. Get them a wallet and purchase a small amount of coins to them. Bitcoin looks more of a very expensive coin to new investors, the idea is to buy the size you can afford but I tell the close ones you cant see the size of profit in altcoin from bitcoin, however, altcoin has its risk. I tried to tell them not to check the chart daily, the volatility can be scary to new traders.

Kong Hey Pakboy

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Quote from: samputin on October 04, 2020, 04:16:39 AM

Quote from: plvbob0070 on September 03, 2020, 08:03:33 AM

I think you already did enough just to introduce bitcoin to the people around you. But if they are still not interested, then don't push yourself too much because you will just waste your efforts. For me, it's better to introduce bitcoin to people who are interested and eager to learn. Personally, I have also tried introducing bitcoin to some people around me but of course, not everyone is willing to learn.
~

Yes, that's true. If you push someone to listen to you or join you in your venture, but didn't show interest at all, you'll just end up being frustrated. But, you've done such a good effort convincing other people. With that said, they'll surely comeback to you if they are really interested and ask for your guidance and help. You'll surely know how to answer them using your experience here in the forum.

Never waste your time on people who don't have any interest about what you say because they still won't care. We don't need to please everybody to buy bitcoin because time will come to make them convince that bitcoin is a good investment. It will also their fault if it's already too late to buy bitcoin because they never listen.

samputin

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Quote from: plvbob0070 on September 03, 2020, 08:03:33 AM

I think you already did enough just to introduce bitcoin to the people around you. But if they are still not interested, then don't push yourself too much because you will just waste your efforts. For me, it's better to introduce bitcoin to people who are interested and eager to learn. Personally, I have also tried introducing bitcoin to some people around me but of course, not everyone is willing to learn.
~

Yes, that's true. If you push someone to listen to you or join you in your venture, but didn't show interest at all, you'll just end up being frustrated. But, you've done such a good effort convincing other people. With that said, they'll surely comeback to you if they are really interested and ask for your guidance and help. You'll surely know how to answer them using your experience here in the forum.

AniviaBtc

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Just give them the idea about bitcoin and other cryptocurrencies and if you think that they got interested to it, then you should explain furthermore about how it works.

It is really not that easy to understand bitcoin at first due to its complexity and composite structures. But I guarantee you that bitcoin can make you a successful investor once you engaged to it and be patient about its full potential. Although, bitcoin's price is really volatile which can make other users give up on investing on it and that's the reason why some people are not considering it as a good asset.

If you know someone who are struggling in life, let them understand that btc can be their way on coping up with struggles in life. Anyone can be a bitcoin investor and it's effectiveness depends on the investor and season.

Hispo

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This is what I have done.

When I have a few satoshis (a few extra cents I would not miss) I use a platform like Bitrefill and gift some phone credit to any of my friends abroad.

Before doing it I tell them "Hey pay attention to your phone!"

When they receive the gift they ask me how I did it, and then I give a simple explanation about how crypto is borderless.

At that point, I human curiosity may do the rest.

JohnBitCo

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Quote from: Febo on October 03, 2020, 04:16:31 PM

Quote from: protrader786 on September 02, 2020, 04:20:30 PM

What are the best ways of introducing someone to bitcoin ?

Show them some documentaries how our current financial system works. How federal reserves as a private entity print money and lend it to banks. What this money then does on stock and real estate markets. Understanding current financial system is best promotion fro Bitcoin.

The current financial system is based on fiat currencies and almost everyone knows about it. The real challenge it to convince people that bitcoin is better the the fait currencies.

Quote from: 415jeremy on October 03, 2020, 11:49:21 PM

I don't want to be an annoying Bitcoin maximalist, so never tell people about Bitcoin until they ask me about it.

Its difficult to tell people about bitcoin, if they are not interested to know about it. Only those who are curious to learn about this new currency, will hear and listen to us attentively.

415jeremy

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I don't want to be an annoying Bitcoin maximalist, so never tell people about Bitcoin until they ask me about it.

akirasendo17

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Quote from: protrader786 on September 02, 2020, 04:20:30 PM

Hello,

I was thinking and wondering of different ways to introduce my family, friends and colleagues to bitcoin and I tried to convince them, but couldn't pitch in perfectly to get them going.

Things I tried

Showed them the current value of BTC pegged to fiat, which did get thier attention for a while.
Told them about how it all started, how the community adopted the use of BTC and how it all boomed.
Showed them my wallets : how easy and fast it is to send and recieve to almost anywhere in the world as long as there is an internet connection.
Introduced them to a few exchanges to show how easy it is to buy or sell whenever they want to.
Told and proved to them how secure and anonymous a transaction is and how fast it can be for cross border transactions compared to other financial institutions.

Well, I pretty much tried to do everything I could. Now after they listened to all that I said, watched everything as that I showed to them as a demo, they did thier own research. They started shooting a few questions like

See how often the price drops, this could be a bubble
See Google tells crypto currency is used in black market to keep anonymity and make illegal trasactions
See these types of currencies are used for the purpose of gambling to be in disguise

So basically, what I am looking for as an answer is, an approach that can be used in order to gain interest of people, stating all the good things and the bad things about BTC in a manner that a "noob" can understand and try to think, yes this is already beneficial to others, why not I try it too ?

All suggestions are welcomed.

Thank you

My approach is a bit simple in introducing them
first i look for someone who will really have interest on bitcoin or crypto
then i tried to dig in on what are your investments or how you spend your money?
Also giving examples bank vs bitcoin when it comes to interest
and how easy it is to have a wallet, this are just the things or way that i do.

Febo

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Quote from: protrader786 on September 02, 2020, 04:20:30 PM

What are the best ways of introducing someone to bitcoin ?

Show them some documentaries how our current financial system works. How federal reserves as a private entity print money and lend it to banks. What this money then does on stock and real estate markets. Understanding current financial system is best promotion fro Bitcoin.

michjoe93

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the best way to introduce someone to bitcoin is by telling the person what bitcoin is all about then you proceed by telling the person the importance of bitcoin and give the person reasons why he/she should invest in bitcoin.

LbtalkL

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You have done a great job introducing it to your family and friends, In my case, I just told them that bitcoin is just like our traditional money or dollar. It can be used to buy things and also can be used and abused by bad actors who do fraud and scam. I educate them in advance about these scams so that they will be aware. Some are doubtful of it because they heard a lot of news of scams concerning bitcoin, I just told them if the scammer used dollar to scam people, is dollar a scam? not right?

bitcoingape

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Heya

this is one of the struggle, i was also facing

for people of my age i,ll show this documentary & for sure it shows how bitcoin transforms the financial market & mythbusters behind bitcoin & various things

Here is the link https://www.imdb.com/title/tt5033790/

GDragon

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Quote from: acroman08 on September 06, 2020, 05:36:26 AM

for me the best way is to introduce it to someone is to share your personal experience(the good, the bad) about bitcoin or cryptocurrency and ask if they are interested or at least curious and if they are not I would stop the topic immediately. but if they are interested I usually do what you mentioned show value,how it started you, wallet, how it works, etc.. in short the basic stuff about bitcoin or cryptocurrency. I don't give them the idea of grand scheme about bitcoin. I just introduce it as a way of new transaction, option for investment, etc..

Oh I try to be sensitive too! I don't want to look like a weird nerdy guy continuously speaking about something to someone who is not really interested about the topic. I even only talk about bitcoin if there's a need to explain something that really connect to our topic.

The most common question I receive from friends is how do I earn here, of course all of us are interested in earning that's why they are asking about it first. So I try to share my personal story as well, the reason I'm here, the reason I'm staying. And all of that, by sharing your personal reason they can really understand that its something, especially if they are your close friends that really know you. They'll understand cause its personal. I try to explain to them without the intention of getting them in, but with the intention of giving them the idea that its a currency, and not a mere place to earn.

Krislaw

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Showing the money you earned is the best way to convince someone and they will definitely listen to you and learn it diligently, always remember that "if money talks everybody listen" I've tried it and my cousins already know the basics about it, even now that people are not doing anything because of the pandemic. But it depends on the people that you're referring to if they're interested about it.

BITCOIN4X

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Usually people will find out about the advantages and disadvantages before actually entering. Tell me about the advantages of bitcoin compared to other asset and I am sure they will be interested. The price and usability of bitcoin is what they need.
Many people in my circle still perceive bitcoin as an unsuitable asset for trading. This is because they are never willing to risk losses from the volatility of bitcoin price. Some of them said that bitcoin was a currency that was meant for gambling and was never suitable for them. These two reason caused me to stop introducing bitcoin to anyone including my friend because I never really managed to get them to understand what bitcoin really is.

Quote from: khaled0111 on September 06, 2020, 10:59:26 AM

It's a little bit difficult to explain the concept of bitcoin and blockchain to someone who lack the technical knowledge.

To be honest, until recently I had a very hard time understanding bitcoin technically but I could only enjoy its use as a currency as well as a tradable asset. As a valuable asset and also the ease of transaction made me realize that this technology was released at the right time by Satoshi Nakamoto. Maybe this is one of my shortcoming when introducing bitcoin to friend.

Lordhermes

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Thanks a lot for the little you have said to then about the concept of cryptocurrency, the usage and price action.
Telling someone or rather household about bitcoin is a stressful one because bitcoin itself is not a physical money but rather digital so its hard for one to believe in something anonymous.
I have tried to convince people about bitcoin and cryptocurrency in the past but I noticed that its difficult for them to accept it, so I conclusively tell them to watch and see the usage of bitcoin in their institutions, banks, offices, shopping mall, and many other places in the coming future.

khaled0111

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It's a little bit difficult to explain the concept of bitcoin and blockchain to someone who lack the technical knowledge.
A better approach would be to start with merchants and local services providers in your region and try to convince them to start accepting bitcoin payments. I think they will find the idea appealing especially if they know they would earn more due to the price fluctiation.

UserU

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Quote from: hatshepsut93 on September 06, 2020, 06:08:41 AM

Bitcoin isn't for everyone, and I wouldn't push people who aren't comfortable with it to use it. Don't forget that Bitcoin also has a complex user experience and requires people to manage their private keys - many people, especially those without technical knowledge, can fail here. Users click "ok" without reading wallet's warning to back up their seed, or they store their seed in email drafts and lose coins after getting hacked, and so on. It's never too late to adopt Bitcoin, maybe in 5-10 years they'll come to it on their own, when they and Bitcoin will be ready.

We need the Lightning Network nao, hopefully we'd still be alive by then.

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