Topic: What Do You Guys Think About This Simple Analogy? Anything to Add or Remove? - page 2. (Read 208 times)

I am also one of the Bitcoin supporters but I do not think that life would be much harder if they have not adopted Bitcoin.  Remember in this situation, a person's life that has not adopted Bitcoin and remains not adopting Bitcoin, there is no change in occurrence in their life.  They will continue their life as they intended it to be.  The only thing here is that they are missing out but their life is still the same living without adopting Bitcoin.



Internet and Bitcoin are two different entities, you cannot go online without the internet but a person can still purchase things, or invest in a venture even without participating or acquiring Bitcoin. 

Your explanation makes sense when you talk about this kind of scenario to the unbanked because Bitcoin has given an opportunity to the unbanked to participate in the global economy.  So I guess this kind of explanation is not applicable or effective to everyone.

I believe what you said are the facts about bitcoin, but why would you bother to compare them when we all know that using internet is far different from the bitcoin adoption purpose. People have actually no choice but to use the internet because it will bring a lot of convenience into their lives, but for people to adopt bitcoin, they will always have a choice not to go with it because the risk is high and the future is still uncertain. And while the country’s government is still not legalizing it, people will certainly follow what the government has told them.

There is something there in its context that falls into a kind of paradox, let's say that yes, both are revolutionary technologies, but unlike the Internet, bitcoin cannot exist without it (yes there are ways, but it is not the case here), in change, the Internet does not need bitcoin.(!?)

Everything has evolved very quickly thanks to the very fact of the Internet, it was a yes or yes option, there was no other way, this does not happen with bitcoin, in fact adopting bitcoin today is not very different from doing it in 10 years, well, if We see it as revolutionary technology, empowering, etc. and you take the price fact out of the equation.

bitcoin is adopted more for the fact of its price, than for what it represents as a technology.

It's a sad reality, it ismaybe really "strange", or not!, insomuch as the existing options (traditional financial systems) are a mirage that works yes or yes.

Then, unlike the Internet which It boosted itself in various areas, that is, like the water itself where it slowed down, scatter in other areas where it flowed better at the time.

Bitcoin cannot scatter like the Internet did to technologies or industrial, social, economic sectors, etc. that they were adopting it, since the adoption was not so easy, it had a "bad" time in different areas in its beginnings, it was rejected and it even took decades for certain sectors to understand and accept the Internet, but the flow of being able to scatter to so many sectors It would end up imposing it on any ecosystem of our daily life.

Bitcoin cannot scatter and/or impose itself on as many areas as the Internet could.

 

I don't feel it's appropriate to compare the Internet and Bitcoin. The purposes of these two are totally different. For internet, they don't need to invest anything except buying an internet bundle. Bitcoin is a cryptocurrency in which you have to invest. This isn't the right choice to explain to a beginner. Also, this won't help you adapt to Bitcoin at the same time. You may learn about Bitcoin history from the beginning. So it will help them better understand. Then they might become interested in that.

A simple but effective analogy even though they are not on the same level for comparison.

 It can can help convince people who are double minded and finding it difficult to accept bitcoins that bitcoin is the future. Your analogy can be adopted by other forum users who are finding it difficult coming up with an analogy of their own to help in convincing people around as it is basic and relatable.

This analogy will only be suitable for people who have low understanding, not people who have a high understanding of things and will not need an explanation so basic.

Both are protocols and both are innovative and groundbreaking, but that doesn't mean they share the same fate. I cannot picture people in today's societies prioritizing bitcoin as much as the comfort and efficiency the Internet provides them. I understand that denationalized, decentralized currency that is resistant to arbitrary inflation, is a hell of an invention, but I don't think the populace will valuate it as much as we do.

Sure, there will be (and are) people who may valuate it more than the Internet. I predict the number of those to increase exponentially within this decade with the collapse of USD and EUR.

You cannot compare the evolution of the internet to bitcoin, it’s a whole different scale. There isn’t a lot of use cases for bitcoin except being a payment method. People can choose to still use fiat or other digital currencies, I believe bitcoin will be more popular in the future amongst people who do not want the government to have full control over their money.
I think a better and more common analogy would be Bitcoin is the future of money, the same way emails is the future of the post office

That's why I have stopped telling people about BTC because, a day will come for those governments that rejected BTC in the past to adopt BTC for their people to benefits from it. Since people are consistent in internet to learn so many things that will open their eyes to follow the right direction that will make them to improve in the area of finances, and they will surely come across BTC which is now popular in the whole world because, many developed countries and undeveloped countries has adopted BTC to reduced unemployment in their land. People have seen light in BTC to prove to people that they can make their future beautiful, if they can look for way to acquire the knowledge of BTC to leave the darkness that is making them struggle of what to eat or live a good life.

Bitcoin is not as important as the internet and I don't think it will ever be. It will always be an alternative currency that people will choose to use. Fiat money in the forms of CBDC, Stalecoin, and cash will always be in existence and some people will always use them. The uniqueness of Bitcoin is its decentralized nature and only people who value privacy will embrace it wholeheartedly. Many people don't care about their privacy so they will always be comfortable with KYC. Introducing people to Bitcoin with this analogy sounds like a threat. You are threatening them to embrace Bitcoin because of the future doom that might befall them if they fail to do so.

The evolution of time will really happen, we have studied the evidence in school, initially humans made transactions using exchange of goods, then switched to using shells and then using Gold & FIAT. So, in the future don't be surprised if a bunch of little kids will be talking about Bitcoin and crypto in general.


I agree with you, Bitcoin is unlikely to get maximum adoption like the Internet did, but impact is still impact, big or small the adoption that occurs will affect various things in life. After all, OP is just making internet as an illustration for comparison to spread general awareness.

This is very true because Bitcoin is something that has gained momentum in our present day,  so if you are not involved in Bitcoin it will be as if you are not in line with modern reality.  but this particular process will take time, the general adoption of Bitcoin will take time, because there are still some governments in various countries that have placed restrictions on Bitcoin but it wouldn't take much time for all those restrictions to vanish because bitcoin is the future.

Your analogy is good, it is best you give analogy that they can easily relate with.  the people you are telling the story or ask the question, will easily understand because hence you tell them that if you can use the internet successfully it then means with time, you can also use Bitcoin because both of them come in pari passu.

I do not think Bitcoin will be as big as the Internet adoption wise nor impact wise. The internet allowed people to do something they did not have the option of doing before, Bitcoin allows people to do things they already kind of could, but more efficiently and more self sufficiently.
I personally think Bitcoin works best when you do not need to think about the fact that you are using it.

You have rightly stated it as it is, at some point in the future, Bitcoin will gain deep penetration into our daily lives such that those who do not embrace it will be like those living in the stone age. This is indeed a possibility. 

The task of bringing this vision to reality requires concerted effort from all who are already informed and have embraced this amazing technology.  Together we will see this come to pass and those of us who are early will be proud of the decision and choices we made.

Today I want to share a simple comparison method I used when talking (not persuading) them about bitcoin adoption. I use the internet adoption example. I ask them if they remember the first time they got on the internet. How they got on it and what their reason(s) was or were. I further ask them what thought process got them to decide to use the Internet. I have found out that their answers are all the same. I then proceed to tell them that Bitcoin will be the same. The Internet is a tool and people choose to use it or not. How much harder will life be if they don't use Internet. I tell them that at some point life may be much harder if they haven't adopted bitcoin.

I tell them that this simple comparison between Internet adoption and Bitcoin adoption because it speaks volume to the importance of  deciding to embrace new technologies. I tell them that just as the Internet has been a viable tool in impacting our lives all round, so bitcoin will  and they must be proactive in making choices that can help them make the most of the opportunities bitcoin offers.