Topic: What is bitcoin - page 37. (Read 7914 times)
Bitcoin/BTC is a digital currency that was created by a person or a group of person named Satoshi Nakamoto. They’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
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 just tell them in a way that they could easily understand. Whenever someone ask me what is bitcoin, I just say "it's a virtual money that increase its value". Plain and simple. 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 our All future money. This is also called a kind of cryptocurrency.
Bitcoin is decentralized and can be used as a mode of payment in some businesses or stores.
It can also be used to send some funds wherever you are and or whenever you want.
Bitcoin also increases its value by itself.
And I hope as much as possible, people must already know, especially for people who are short of money, they have to work in the field of bitcoin.
In addition you can also hold your bitcoin to make money while Waiting for high prices.
Bitcoin is decentralized and can be used as a mode of payment in some businesses or stores.
It can also be used to send some funds wherever you are and or whenever you want.
Bitcoin also increases its value by itself.
And I hope as much as possible, people must already know, especially for people who are short of money, they have to work in the field of bitcoin.
In addition you can also hold your bitcoin to make money while Waiting for high prices.
For me bitcoin is an easy opportunity to gain wealth, we all know that the current bitcoin price continues to increase so it becomes the main choice of future investment. Let's make life better with invest bitcoin.
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.
Giving the clearer answer base on your thought should be like this but first don't be confuse on what you are about to answer when someone asks you about bitcoin. Be confident that you are knowledgeable than them. When someone asks me about bitcoin I usually answer that it's a coin that was generated by super computers and it's only found in the internet, virtual money simple as that.
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.
Definitely will tell him to google it and after that, I will explain the basic to at least trigger his interest. I believe information on the site is much precise than what we will explain to them. Since most of us is not a programmer, nor know the whole information about Bitcoin (majority here just know how to send and receive bitcoin from a third site, I have met people who do not know how to create a wallet in electrum) it is best to advise them to search what Bitcoin is. It saves us a lot of time and the one looking for an answer will have a robust source of information.
Just simply tell them that bitcoin is virtual currency that isn't backed up by the government. And it's not only a virtual currency but it's more of an investment and asset nowadays. Give them an example on how it's so called an investment and how you are profiting with it. But if you want a twitter type answer, you can do this, #digitalmoney #investment #real #virtualcoin #future.
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 will do two things depending on who is asking me the question, if it is a person that I know then I may give a good answer and try to solve their doubts, but if it is someone that I do not know most of the time I will answer Google it, you know, it bothers me that people do not even take five minutes to research it before making questions. 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 a very big site because every country has already know about this. Bitcoin is a very big part of our lives because it can help us financially and can help in our daily needs. At first I ask many questions to my cousin but he answer it clearly so that I try to open this site and it's worked because I have a job here that can help me personally.
I would say Bitcoin is a digital currency just like other forms of fiats that are digitized on a credit/debit card for online payments but this Bitcoin is not centralized and regulated by an authority like the fiat currencies. With the help of a technology called the blockchain Bitcoin is also able to act as a payment processor and facilitate international transfer of funds at a comparatively cheaper rate than fiat payment processors.
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,
Actually, it is decetralized and you can control your own bitcoin. In addition to that, you can use your bitcoin as a payment because some store already start to accept bitcoin. Bitcoin is a digital money that doesn't exact value and I think bitcoin will be out future money and currency. 
I immediately try to give an example of Bitcoin's growth since 2010, thus provoking a person's interest. And then I try to explain why people like bitcoin and other alcoins. This is not simple information, but very exciting. Moreover, when you start to mention Bounty companies that give the opportunity to earn crypto currency for free.
bitcoin is a crypto currency. it also a digital currency. it is a computerized system. bitcoin is the source of extra income. it can be used as the payment in some funds. it can remove poverty in our life.
Bitcoin is a digital currency so many people have they are called online currency whatever I think it is digital currency. Bitcoin has no any physical view.
But Bitcoin so much valuable digital currency at this moment. I think its price will be increasing day by day. I think it is our future money.
But Bitcoin so much valuable digital currency at this moment. I think its price will be increasing day by day. I think it is our future money.
bitcoin is one type of cryptocurrency. and it is first cryptocurrency it is having high value compare to another cryptocurrencys or normal currency's. bitcoin is a decentralized currency.
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 also tell them to google it if they want more information. Honestly it's fucking annoying when people that are clueless start making all these questions. It's going to be easy for them to just start doing some research. I tell them that it's a decentralized currency but it's better used as a store of value rather than a currency because it's honestly pretty stupid to spend your BTC on groceries when you know it's going to go up, similarly to how it's stupid to buy groceries with gold.
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 would say that BitCoin is an anonymous digital money that many people are prepared to buy for real money. And BitCoin is not connected with the states.
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.
In my opinion, bitcoin is a currency that can make money with a lot of value, bitcoin is a good job to serve as a side search
Bitcoin? Bitcoin is very hard to tell to people that have no experience in bitcoin. But bitcoin is a kind of online job that have many workers because many country are know about bitcoin, also in the philippines many people in philippines are hope that they everyday life is got improve. That's the way I think bitcoin mean.
No doubt this is a very difficult and tricky answer for anyone who has no slightest knowledge of. Probably somewhere along the line of virtual currency but decentralized. That means nobody control your money including the government!
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