With bitcoin we can pay services with privacy settings & earn money, what we need more?
Topic: What is bitcoin - page 40. (Read 7914 times)
For me bitcoin is a digital currency that have a big potential now and in the future
With bitcoin we can pay services with privacy settings & earn money, what we need more?
With bitcoin we can pay services with privacy settings & earn money, what we need more?
Well the truth is many people dont know what is bitcoin all about , when someone ask me about it Im just telling them to search it on google.
Bitcoin is a cryptocurrency a digital money.
Bitcoin is a cryptocurrency a digital money.
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 an online decentralised cyrpto currency which was established back in October 2008 by Satoshi Nakamoto (unknown) . Today Bitcoin is widely used and is the leading crypto currency . The prices of Bitcoin were constantly increasing unless the Chinese spread a fake news of them boycotting Bitcoin which lead to a major fall of price. Even Morgan calling Bitcoin fraud dropped Bitcoin's price. But later on it was said that all this was planned just to make the price of Bitcoin to fall so that they could buy millions of Bitcoin and then make alot of profit 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.
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.
Much clearer answer will be based on their research. Just told them basic infos like bitcoin is virtual currency and works like a normal money etc. then that's it.
A person that really interested to know this currency will do self reseach. Follow up questions by them should be answered now by you but not to the point that the answer to their follow up question is just in front of them. Stick with the idea of saying GOOGLE when someone is like that. It's way more easy to explained bitcoin if a person have some familiarity about it even just for a few reasonable ideas.
as i know bitcoin is virtual money that working in blockchain platform, the simple explaination is bitcoin is easy to use, you dont need verify credit card or something else, and you just need internet connection and a smartphone or PC to access bitcoin wallet and do some transaction
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 think, curiosity is a person's capital to find out, is education for him. depending on who asks and who answers. if just asking the occasional just the same uselessly. and if the hell, always looking for references the right answer for him is better. everyone is different. not a matter of better or bad. this is about the curiosity of someone and get the answer you want to know.
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,
I totally agree with your opinion that bitcoin can be used as payment for some businesses and bitcoin can be exchanged for cash. Bitcoin is a coin that can be liked by many people to launch (daily needs) and bitcoin is an appropriate online venture to launch several businesses that can be distributed to existing market markets. 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.
Bitcoin is a type of decentralized system of peer 2 peer money. The opposite of a central bank(because we know that central banks int he end ruin everything).
Normally for a bank, they issue you checks, which can be used to make payment to places that accept chekcs. the money is then taken out of your account by the bank and given to the other person.
Bitcoin the same process happens. you setup your bitcoin adddress, fund it like you would fund your bank account, send people bitcoin for services/items. they receieve it. only the big difference is that It is secured by hash power, the hashpower is made up by miners, the miners validate everybody's transactions. Miners keep the network censorship free and secure. banks can do whatever they want with your money and freeze your assests(even if you do nothing wrong it can happen). Banks get hacked and lose money. your bitocin wallet cannot get hacked unless you install bad software.
It is an electronic or digital currency that works on a peer-to-peer basis.This means that it is decentralised and has no central authority controlling it.Like currency notes, it can be sent from one person to another, but without a centralbank or the government attempting to track it.The system depends on cryptography to control the creation of the 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.
when my friend question me about bitcoin I tell bitcoin is my dream. I have a blog article that description about bitcoin. I give it for learning and if anyone interest it I suggested for goolge search. 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.
If someone asks me, and they do not know anything about bitcoin. Then I will answer simple. Bitcoin is a currency where you can exploit its value and you will quickly get rich. 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'd just say that it's something like an online currency. I'd also tell them they could invest in it, mentioning the meteoric rise in value along with the sharp dips. For in-depth lessons, Google could do a better job than me.
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 a virtual currency or a digital currency. It was developed in the year 2009 by someone under the pseudonym of Satoshi Nakamoto. Bitcoin can really be a good type of investment for people. Tradings, minings can also be done in bitcoin. Bitcoins are more often used through internet connection. I think that without internet, bitcoin cannot be used. 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 virtual currency developed in 2009 by someone under the pseudonym of Satoshi Nakamoto. bitcoin can be said in digital currency. and bitcoin is only used on the internet. without bitcoin internet can not be used. that's what I know from 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.
briefly for me bitcoin is something that has changed my life for the better. bitcoin is a digital currency that is currently used by many people. in addition to being used as a currency, bitcoin has also been widely used as a very profitable investment. many people have become rich because of bitcoin. everyone says that bitcoin is a miracle. 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 am also lazy to give an explanation about Bitcoin,when people start a lot of questions.I end their questions with answers just search on google...
Sometimes I am like you, I'm annoyed to those people who keeps on asking every single little thing about bitcoin, I hate spoon feeding. People will never make some efforts if we are going to spoil them always. They must know how to be independent and learn things from their own. The other reason behind this is because every time I introduced bitcoin to someone, they just ended up setting it aside after they knew that it is not that easy to do.
Whenever I got ask about it I would just simply tell them that it is a crypto currency,
And if they still continue to ask I would tell that it is a money in the internet .
And if they still continue to ask I would tell that it is a money in the internet .
I would also tell them to google it, it is much easier for them to understand when reading it than me explaining them what bitcoin is. But if ever confronted and ask or questioned what bitcoin is I would tell them bitcoin is the future.
It will become easier for them if you will explain it personally and not by google because in google it is a generalized explanation and if you will have a chance to explain it to them then you can explain it on a simpler manner which they can easily pick it up and they will understand what are your point about bitcoin.
I would also tell them to google it, it is much easier for them to understand when reading it than me explaining them what bitcoin is. But if ever confronted and ask or questioned what bitcoin is I would tell them bitcoin is the 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.
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 you can say is "bitcoin is the money that you can earn or a true money". In that case he/she might curious so he/she get search on how to earn bitcoin.
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