Currently digital currencies can only be used in some countries only,
and Bitcoin has changed the appearance of paper money, bitcoin can be used anywhere and anytime, there is no limit to using it unless you do not have Bitcoin.
Topic: What is bitcoin - page 32. (Read 7914 times)
everyone has their own understanding for it. some say it's money, and some say it's an investment tool. both are true, but sometimes, people use bitcoins depending on their responses to bitcoin. some even say bitcoin is a tool to play gambling.
Bitcoin is online currency we can't see it but we can feel. bitcoin is the best currency this world 1 btc was 0.50$ now 1 btc rate 5000$+ btc is king for online coin so earn more and more btc.
telling people to search for it isn't very helpful. it's very easy to explain simply. it's digital money that goes up in value rather than down in value.
Simply tell them to Google and if they still don't get it , tell them to leave the topic itself cause having no such info of anything and want to spend all the time wasting time
What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
I tell them that bitcoin is a cryptocurrency. I sometimes ask them to make a research and find out on their own, since I'm tired explaining to people who wants to earn money but not doing anything for their sake. Bitcoin is an easy way to earn money, you just need to invest your time, effort and work hard for it.
The problem with those who have seen the change with people who are now working with bitcoin is they want it faster. They are too greedy and want what we want in just a little amount of time. That is just insane and I hate it. I am getting lazy telling them how it is if that is their purpose so I just always told at introduction that it will take time then, they will go away.
What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
I tell them that bitcoin is a cryptocurrency. I sometimes ask them to make a research and find out on their own, since I'm tired explaining to people who wants to earn money but not doing anything for their sake. Bitcoin is an easy way to earn money, you just need to invest your time, effort and work hard for it.
What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
I think the right way to explain what bitcoin is to someone is by simply telling them that it is the leading cryptocurrency in the whole world. It is a global currency and sets no limitation with the people who may use it as long as they are knowledgeable and willing. It is also an independent cryptocurrency wich means it is free form the grip of the government. If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
Whenever someone asks me about bitcoin, I simply tell them that it is a cryptocurrency which is said to be the number one and the most proven and tested currency for a long while. I always tell the to try it and search further more about the details about it. I don't make my explanations complicated because I know that they are just new from hearing about bitcoin so it would be better if I will narrow it down so they may know it and understand it more. If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
Bitcoin is one of the greatest change within the currency world wherein it has given so much impact when it comes to the use of money. It is a digital currency which brings greay convinience with its users and it is free to be used by anyone at any age or any race. All you need to be is to be informative about it and make sure that you know all do's and don'ts. If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
Bitcoin is an innovative payment network and a new kind of money ( Basically a electronic based currency, not a paper currency).
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
Correct bitcoin is the first currency designed to be decentralized and completely digital, look at fiat that in contrast is centralized and at first it needs to be printed and then with the magic of fractional reserve banking we get all those nice numbers on the screen of fake money that only causes more inflation. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
Bitcoin means an electronic or digital currency and which will become a game changer in the future. Bitcoin is not controlled by any government or company, so its complete freedom and bitcoin can easily make money through internet and our computer.
As you said, bitcoin is a digital currency which has no physical form but people have designed logos to represent the concept of digital gold. It is a great source of income and a true blessing for many unemployed people. Nobody owns this digital asset because it is decentralized and miners are people who release new bitcoins while verifying transactions at the same time. 
Bitcoin is nothing but same value as of your fiat currency but called as digital currency. It has a great feature that it's transactions are done anonymously with peer-to-peer. Today the Bitcoin value has grown a millionth of times.
Bitcoin is a online currency and its also a popular coin we know. Also bitcoin is my dream cause it can change my life and I will success my dream. Bitcoin can change whole nation.
I'm just wondering which way Bitcoin or all the crypto currency can affect the development of your nation? The fact is that for a particular person or group of people Bitcoin Pool I really can, but not on the country or humanity as a whole.
Bitcoin is no.1 crypto currency.It is also known as most popular crypto currency.It's so much easy to use and it's the fastest at trading
Bitcoin is a online currency and its also a popular coin we know. Also bitcoin is my dream cause it can change my life and I will success my dream. Bitcoin can change whole nation.
Bitcoin is the future of money a decentralize enternet money that more faster and secured than ever you can withdraw it also in fiat money in your local money or enternational or you send it peer to peer transactions
I see bitcoin as a digital currency, I share its meaning as an internet money. Bitcoin is a faster way to do transaction compared to the present system. It is more secure and more convenient.
Bitcoin is decentralized and bitcoin can be used as the mode of payment in some business and also bitcoin can be used to send some funds wherever you are whenever you want,. bitcoin is increasing the value itself,
You can also see bitcoin in three different ways
First Bitcoin functions as a payment system,similar to bank transfer or credit cards.
Secondly,Bitcoin is in some way is similar to gold,that is why people call it digital gold or 2.0.
Thirdly,Bitcoin is like an internet in which a single person can control ,and use it anyway they like.
Bitcoin is decentralized and bitcoin can be used as the mode of payment in some business and also bitcoin can be used to send some funds wherever you are whenever you want,. bitcoin is increasing the value itself,
You can also see bitcoin in three different ways
First Bitcoin functions as a payment system,similar to bank transfer or credit cards.
Secondly,Bitcoin is in some way is similar to gold,that is why people call it digital gold or 2.0.
Thirdly,Bitcoin is like an internet in which a single person can control ,and use it anyway they like.
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