What is the easiest way to explain bitcoin to a regular person?

borovichok

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Quote from: Kelvinid on February 22, 2023, 06:43:16 AM

I couldn't deny the hard work when explaining to normal people about Bitcoin and sometimes we feel bad and misunderstood especially if they stand against what they have negatively heard on the internet. If we really don't have the patience and motivation, to quit is possibly on our minds.

So, before we decided to do this and help to educate the people around us make sure that we remain calm and open-minded because not all will understand and listen to us.

The public must be vitally taught on the gains and losses of Bitcoin operation in order to avoid time being wasted. The operation of bitcoin can be broken down into a number of different sectional divisions. It can be difficult to explain bitcoin to a layperson on your own, especially if that person has heard negative things about the project and has created anxieties about it. Most people who initially introduced bitcoin to uninformed people used the internet to spread their ideas and knowledge, but in the cryptocurrency world, it's all about who obtains the correct information before a project is properly carried out.

Kelvinid

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Has anyone here had troubles explaining bitcoin or crypto to a normal person?
...

I couldn't deny the hard work when explaining to normal people about Bitcoin and sometimes we feel bad and misunderstood especially if they stand against what they have negatively heard on the internet. If we really don't have the patience and motivation, to quit is possibly on our minds.

So, before we decided to do this and help to educate the people around us make sure that we remain calm and open-minded because not all will understand and listen to us.

Ayers

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Quote from: Natalim on February 21, 2023, 05:27:28 PM

I will you that it was not easy to educate people about crypto or about Bitcoin. For so many people I've talked about this in my place and even my friends don't believe it, they still think it a scam think and this is possible because of the influence of social media and news that many people got scammed by.

Well, I think...the easiest way to explain them is to show what you have achieved in investing or trading Bitcoin. Because people will believe us when they saw that we had improve, they are very certain of our status than of what we talk about.

It also happened to me; in the past, I told my brother to invest in Bitcoin, but he did not believe and thought that I had participated in Ponzi projects sooner or later would collapse. But until now, my economy has changed a lot while he is still the same, he started listening to me a few months ago and invested in Bitcoin. It can be said that the result is what they need, and there is no better explanation than showing them what you have achieved when investing in Bitcoin, they will listen to you.

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Has anyone here had troubles explaining bitcoin or crypto to a normal person?

We don't want the word normal to be taken too out of context, because we are more than sure that we all know what a "normie" is.

For us, we used freebitco.in first and it basically showed us everything we need to know from a beginner's standpoint.

Does anyone here have stories about sharing their favorite hobby/profession with someone else who either has no idea or no interest?

If bitcoin is supposed to be the future of finance, then the whole world will need to know at one point or another. Basically bitcoin and crypto education is borderline mandatory in our honest opinion.

What do you all think?

Thank you.

In my first approach specially if its a friend.
I will be asking out these set of questions.

1. Do you have idea about digital currency?

Yes - Proceed
No- Open up some brief definition about crypto

2. Do you know about its benefits

Yes- Proceed
No- Tell about anonymity and being decentralized

3. Other opportunties?

Yes- Proceed
No- Explain that simply holding or trading it up could give out money making opportunities.

One thing that would be making you struggle if a certain person doesnt have that
knowledge about technology or something that arent that literate which it would
really be a challenge on telling someone who doesnt even know even with the basic principles
on how things simply works specially on internet based or connected things.

Adbitco

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There's what they called "individual dichotomies", you can't just walk to someone and started narrating everything just because you want the person to know what you are into or your favorite hobby ect. First you must sense their mood at every given point to know if they are that freely open to listen to you or not. Otherwise I will say only give attention to those who are open to give you a listening ear. Between if you are routed into this you don't need to tell your closet friends about what are into, your results alone are due enough to let them know you into bitcoin trading or investment.

Fivestar4everMVP

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

What do you all think?

Introducing new people to bitcoin is a mandatory task and something I feel we owe to bitcoin and cryptocurrency at large, the truth remains that, the higher to number of bitcoin believers and users get, the better the market becomes, and not just that, the government will also lose what ever level of grip they have on crypto, by then, they will no longer be discussing on how to maybe, ban bitcoin and cryptocurrencies in general, but now, their discussion would be more of how they can regulate it.

The above is just one or two of the likely benefit of crypto and bitcoin mass adoption, now, the easiest way to explain bitcoin to a regular person is a different topic altogether, and to this, I would say they it depends on the level of knowledge you as the instructor have, the level of your understanding of bitcoin will determine what you tell others out there about bitcoin.

Natalim

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I will you that it was not easy to educate people about crypto or about Bitcoin. For so many people I've talked about this in my place and even my friends don't believe it, they still think it a scam think and this is possible because of the influence of social media and news that many people got scammed by.

Well, I think...the easiest way to explain them is to show what you have achieved in investing or trading Bitcoin. Because people will believe us when they saw that we had improve, they are very certain of our status than of what we talk about.

Fara Chan

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Has anyone here had troubles explaining bitcoin or crypto to a normal person?

The experience of introducing Bitcoin to a circle of people's family is nothing difficult, but it only takes a process and stages, logically nothing will happen perfectly the first time giving them insight about Bitcoin, there are various methods for introducing Bitcoin, but what people often use it to show Bitcoin, one of which is by giving them gradual and regular education, a good and important step. when they will start to be interested of course they want to get more knowledge to perfect their knowledge.

The Cryptovator

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Before we discovered Bitcoin, weren't we just regular people? But, we have finally grasped what Bitcoin actually is. It's unlikely to happen if you try to explain Bitcoin in one day. It won't be simple to describe Bitcoin to beginners. You should start by explaining Bitcoin and outlining the benefits of using it as money. Afterwards, you'll need to discuss any potential gains or losses. Then, if he starts to show some interest, you can go on to explain the technical details.

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Has anyone here had troubles explaining bitcoin or crypto to a normal person?

We don't want the word normal to be taken too out of context, because we are more than sure that we all know what a "normie" is.

For us, we used freebitco.in first and it basically showed us everything we need to know from a beginner's standpoint.

Does anyone here have stories about sharing their favorite hobby/profession with someone else who either has no idea or no interest?

If bitcoin is supposed to be the future of finance, then the whole world will need to know at one point or another. Basically bitcoin and crypto education is borderline mandatory in our honest opinion.

What do you all think?

Thank you.

I doubt if there’s an easy way to explain bitcoin into a regular person, because the fact that certain person is clueless about bitcoin, then you can’t explain it to him simply and just expect that he understand it already. Bitcoin is always complicated, so you have to deal to those beginners with much of effort and determination so they can learn well from you. That’s the reason why I don’t personally teach people about bitcoin because just the thought about it make me tiring already. Instead of teaching them, I just show them how bitcoin changed my life, that way they will be more motivated to learn bitcoin on their own way.

GeorgeJohn

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Quote from: xSkylarx on February 18, 2023, 09:54:31 PM

Usually I just explain the tip on it because most of the people who ask me know that bitcoin has a high price, so their purpose is to earn profit on it. I just explained what the real purpose of bitcoin is before most people knew it as an investment and how I've earned from it. I don't really go deep into it, as I'm sure they won't understand. Then I would also give them links and videos to learn more about bitcoin.

Do you know that till date many people is confused of Bitcoin, i will say that different people will narrate or give different explanation of inculcating the knowledge of Bitcoin to another, actually the objectives of someone who comes into Bitcoin investment is to make profit, basically when I'm impacting the knowledge of Bitcoin other people i first tender the demerit of Bitcoin investment before the advantages, some people fails to tell new investors the negative impact of Bitcoin investment, which from my understanding it's unfair. Teaching people Bitcoin, ensure that you have backed it up with the necessary article it interested one will read and comprehend.

blockman

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Few words I tell when somebody is really interested to know what bitcoin is. To make it easier to understand, I simply use the word online currency = cryptocurrency which has its specific use for having its own method of transferring to other end users.
And not just that, but it's also an asset at the same time because of having a limited supply. Those are like the keywords of how I explain it to people who are interested to know more about it.

GeorgeJohn

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It's now when if you happened to example Bitcoin for some people and they will embrace you, but during the time Bitcoin was first introduced many people doesn't welcome teaching of Bitcoin, because what comes to mind is that Bitcoin is used for scam and during the investment their is every tendency that your investment funds will not be recovered during the investment, but people have known the possibility and also confirm the regulations and important of in the society.

tjtonmoy

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We can't explain something to someone if they don't show interest in them. So we ignore that and in order to make them interested in that topic, we only share the good side of it. However this is not the best approach to teach anyone about anything. We should share every detail, including bad and good sides.
As for explaining, start from the basics. If they show interest, then you can always refer to some articles about Bitcoin. From my experience, I can tell that what you learn by yourself, you will not forget it for the rest of your life. You just show them the path, but it's their decision whether they want to walk on that path or not. When Bitcoin will become a key factor in the society, people will show interest all my themselves. Then they will learn it on their own.

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Quote from: Raflesia on February 18, 2023, 05:18:11 PM

Actually there have been several examples and there have been several discussions which are almost the same with conditions like this if I'm not mistaken because there are indeed several threads that I've seen in almost the same condition.
I see a lot of people trying to get other people to know about bitcoin with some teaching, whether it's among work colleagues, in the family, even at school, that's a good thing, but on the other hand, we also have to look at it from an enthusiastic perspective, whether what we tell really has interest and enthusiasm. high or not. On the other hand, for me personally, I don't really want to be bothered with it because until now in my environment, if there are new people who want to learn and discuss, then I'm ready to give suggestions, but if not, I don't want to be bothered by having to introduce it to other people.

Crypto has gained high demand these days due to different news spread all over the internet. That’s why as much as possible, people become eager to know more about bitcoin and want to become educated on it. But it’s hard to educate people based on your own perspective, that’s why whenever they come to me and ask about bitcoin, I just tell them to DYOR so they can gain personal knowledge based on facts. And one thing I avoided not to be part on their learning process, is I don’t want to be blame in the future if ever their investments fail, which I think is very much possible especially if you are the one who introduced them into crypto.

uneng

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I have some difficult explaining bitcoin to people, because they seem to not absorb its concept very well, besides not feeling excited by the features bitcoin provide, such as decentralization, boardless transactions, person to person negotiations and self custody. I'm not so sure they don't understand it, though. It just looks like they aren't interested on bitcoin, because they think fiat perfectly fufill their currently daily needs.

Maybe once inflation starts kicking harder, people will change their point of view in bitcoin's favor.

Z-tight

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Quote from: calonpa on February 19, 2023, 10:47:48 PM

It is hard to explain bitcoin to a regular person. Tell him in brief. If he is interested, he will do the research himself and get involved. In the journey, he will develop some doubts. But there are forums like bitcointalk which he will anyway discuss on searching queries related to crypto on Google. You can only show a direction to the person, you cannot hold his hand and make him invest in bitcoin.

Some people believe hand-holding other people into investing in BTC is the right thing to do, but it is not, it is not possible to force people to develop interest in BTC, if a person does not have an idea or interest in BTC, it is best for you not to force them to do so. Majority of us in bitcointalk all love BTC, but the truth is that we can't force it on others who have no interest in it. Even when there is mass adoption of BTC in the future, totally everyone cannot be involved in it, because there will surely be those who don't like it nor want to use it.

It isn't bad to give people an idea of what BTC is all about, and then give them some resources to go and find out more about BTC themselves, if they indeed come back with further questions on what they have learnt, then you can help them with more materials to help them learn fast, but if they are uninterested and do not come back, then they should be left alone.

CryptoHeadlineNews

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Has anyone here had troubles explaining bitcoin or crypto to a normal person?

What do you all think?

Thank you.

Yes, Bitcoin can be hard while trying to explain it to people who have no knowledge about internet stuff and digital currencies, and much more harder when trying to explain to total novice, because no matter how you try to explain what Bitcoin is, there are 3 most important statement you should never forget to mention while trying to explain what Bitcoin is, and they are that;
Bitcoin is a digital currency
Bitcoin put us in control of our own finance
Bitcoin is not controlled by centre bank or any government

Meaning that the best way to explain Bitcoin to a total novice is that "Bitcoin is a digital currency not controlled by center bank nor government, which put us in control over our funds"

Hyphen(-)

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Does anyone here have stories about sharing their favorite hobby/profession with someone else who either has no idea or no interest?

My own experience is with a person who has no idea about Bitcoin but he is still interested in knowing what Bitcoin is all about.

In my own case, the person is a slow learner that needs things to be explained to him more than twice before he can fully understand, me knowing how risky Bitcoin investment is I decided to start guiding him gently, but at some points, I gave up because I don't have enough time to spend with him explaining things more than once, therefore, I gave some books about Bitcoin and most importantly I recommended him to be reading learnmeabitcoin.com because I know that is the website that can explain Bitcoin to him easily because it is very easy to comprehend in the book.

mvdheuvel1983

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Has anyone here had troubles explaining bitcoin or crypto to a normal person?

We don't want the word normal to be taken too out of context, because we are more than sure that we all know what a "normie" is.

For us, we used freebitco.in first and it basically showed us everything we need to know from a beginner's standpoint.

Does anyone here have stories about sharing their favorite hobby/profession with someone else who either has no idea or no interest?

If bitcoin is supposed to be the future of finance, then the whole world will need to know at one point or another. Basically bitcoin and crypto education is borderline mandatory in our honest opinion.

What do you all think?

Thank you.

I think the easiest way to introduce a regular person to bitcoin is by letting them first understand cryptocurrency and going further to explain to them that bitcoin is a liquid asset for securing future income. I will tell them that it is a form of trading that is that is outside the control of any group of people. I will also inform them that with bitcoin,
there is no need for any third-party involvement in transactions. I will teach them that bitcoin is a digital currency which does not require any central authority, like any governmental agencies or banks. I will show them through practical examples the importance of securing for the future through bitcoin.

Oceat

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If someone would asked me like that then the best answer I could give is giving them a link. Grin

It will take a week I guess before they digest what we have to tell to a person if they really want to learn more about Bitcoin.

But if they want a simple answer then I would just simply answer that it's a decentralized crypto currency that's being supported by the community that's why it's value is increasing thus, everyone is using it then it's highly volatile that no one could predict the right price.

If they weren't tech-savvy enough to understand what I'm telling them, then perhaps, a guide or an infographics would suffice their curiosity and I'm sure they can find something like that on Youtube.

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Not explaining it? I mean I get that there is a responsibility feeling in the crypto world where people want to explain to people that you could make some money with it and all that, but the reality is that you do not have to explain it to people yourself personally. Bitcoin is such an online thing, and if they really want to learn, they could just google it.

Writing "what is bitcoin" on google would give you a million answers, from the simplest to the most detailed one, and people could read whatever they want in there. I know it's not going to be so simple for many people, but that's how it should be, just googling it, why bother us with it to begin with?

Vyeon11

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I wouldn't call it easy, but teaching or inviting someone to join in investing in bitcoin is actually simple.

• make sure the person you are inviting must at least have a mobile phone, and often play social media. just direct those who originally like to play social media so research and learn about bitcoin on the internet.
• the second must be the closest person, for example family, friends who play with us, work together. this will make it easier for us to teach them about bitcoin. there will be no awkwardness when teaching it because it is the person closest to us almost every day always together.
• Third, make sure that the person you are going to invite must already have a job and income. Because this is also an investment, you must have capital. Therefore, you must invite friends or relatives who already have jobs and income.

calonpa

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It is hard to explain bitcoin to a regular person. Tell him in brief. If he is interested, he will do the research himself and get involved. In the journey, he will develop some doubts. But there are forums like bitcointalk which he will anyway discuss on searching queries related to crypto on Google. You can only show a direction to the person, you cannot hold his hand and make him invest in bitcoin.

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I think it is a lot easier for Bitcoin to be explained to a normal person than somebody who has a lot of technical knowledge related to coding or software development and their related fields. I can easily tell a normal person like me that Bitcoin is a decentralized digital currency. It could actually end there depending if he has a follow up question or not. I can expound on it a bit by saying the differences it has with fiat.

n0ne

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Very basic things necessary to make a common person or a techny who hadn't used to it, mobile with little balance in bitcoin. Another mobile with a wallet. Bitcoin chart to explain how the price have moved from the bottom to the present market. Aaprt from this, list of services that can be enjoyed using bitcoin.

Surely there arises a question why can't it be handled as we use paper currency. By the time we need to explain what is meant by virtual currency. Further showing them in the wallet will give them better understanding. Now make a transaction and show the other mobile reflecting the transaction. This will give an understanding how transaction happens without the involvement of third party.

Next part is to brief about the growth happened through the years. This might interest him to go for it or learn further. Maybe if he's interested he'll comeback requesting to support in learning more. If not just leave it and support others who are fond of knowing bitcoin.

LogitechMouse

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Documentaries, analogies, making it as simple as possible.

I didn't try to share my knowledge with other people until now even though I'm investing in crypto for around 4-5 years already, but I'm ready incase one person approaches me and wanted to know more about Bitcoin.

Documentaries are the ones who helped me learn Bitcoin even more. For a newbie, it's kind of overwhelming I agree, but after watching more and more documentaries, you will learn even more and more. I mean there are many documentaries in Youtube regarding the history of Bitcoin, how it works etc. I believe it will help a regular person. Analogies are I think a good way for newbies to understand it way easier. Explain it as simple as possible so that they will understand it better thus, they will be more focused on it instead of them getting overwhelmed by these terms that they just heard for the first time.

I believe there are many ways for each of us to explain Bitcoin to a newbie, but these are I think the ways for a newbie to understand it way easier.

Charmekkd

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to explain bitcoin to ordinary people, of course, the first thing that requires interest from the person is to learn bitcoin. and as a person who teaches bitcoin, of course, you have to be patient in explaining bitcoin to people who are interested in learning bitcoin.

and I think you can also ask the person to join this forum.

DiMarxist

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I have not teach someone before,if someone come to me to learn will teach the person. I first advertise bitcoin for him/ her.I tell him/her that bitcoin is a type of digital currency in which a transaction in the internet.and when you engage one btc you will become a million in life and you will never be poor.bitcoin was the first cryptocurrency in the world that with the largest $21 millions in the market.

Obari

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Explaining bitcoin and it's complexity to someone new especially if the person doesn't have the interest isn't an easy task and in a country like mine where it seems to be a taboo to invite someone to make investment in digital assets especially after what the popular Ponzi scheme (MMM) did to people some years back.
I believe there are other ways the gospel of cryptocurrency can be preacher to people even without having to speak a single word directly such as
~ printing of banner/fliers/stickers etc
~ social media publications
~ church/ public gathering announcements.

The first option of fliers and sticker printing have been done previously by a forum member here and I loved the initiative and I would suggest more of that.

Woodie

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I believe the easiest way to explain bitcoin to someone is first to understand them and use what they are familiar with to explain it to them, for example, if someone is a gamer explaining bitcoin to them is easier as you would simply tell them bitcoin is digital money that you can use to buy goods and services like you need coins to upgrade your game characters gear using coins or points accumulated.

Of course, there is no one definition that fits all, but nothing beats the definition of bitcoin is digital money without its physical form Cheesy

But then again bitcoin is not only money in its form, it can also be a store of value like owning a vintage car today and if kept in its pristine condition.. can be sold for some extra cash a few years later Wink

xSkylarx

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Usually I just explain the tip on it because most of the people who ask me know that bitcoin has a high price, so their purpose is to earn profit on it. I just explained what the real purpose of bitcoin is before most people knew it as an investment and how I've earned from it. I don't really go deep into it, as I'm sure they won't understand. Then I would also give them links and videos to learn more about bitcoin.

UchihaSarada

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You can explain them from knowledge to practice but you can do it inversely from practice to knowledge.

I'd like to choose the inverse explanation, from practice to knowledge.

I will show them how to make a transaction with Bitcoin. It is to show them the process is very easy. Then I will show them how to create a wallet, get a receiving address, how to back up and recover wallet.

Very last thing, how to secure their wallet file and how to download wallet from official website.

Verify wallet is important but it is advanced and I can explain it to them after they already have experience with Bitcoin.

Despairo

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

For us, we used freebitco.in first and it basically showed us everything we need to know from a beginner's standpoint.

Introducing Bitcoin to a regular person through Freebitco.in is really a bad idea. It was known as the longest Bitcoin faucet, but now they're add gambling in their sites. Not a good way to let a newbie know if Bitcoin is generated through a faucet site, they will get a misconception about faucet, mining and cloud mining. I think that's why many people get scammed due to cloud mining and ponzi scheme, because they think Bitcoin is really easy to earn.

If the regular person can't control themselves, they would fall in gambling and they will become an addict.

You need to start to explain Bitcoin by compare it to fiat and bank, they will learn how Bitcoin solve the centralization problem in this world.

Minecache

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Most people are always wary of new things, fear of being scammed and fear of losing money are common in human psychology. I have failed many times to recommend bitcoin to my friends, and I find it a very difficult task.
In today's society, people with money are always right, I mean, their words have more weight than those who have nothing, so the best way for people to listen to us is to be better than them. You need to prove your finances are good thanks to bitcoin then when you talk about bitcoin, they will listen to you.

michellee

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Actually, we have no problem explaining bitcoin or crypto to other people but the problem is that many of them are not very interested in bitcoin. Many people still think they cannot join bitcoin for many reasons, which makes them close themselves off from receiving information that might benefit them in the future.

But if they are interested in knowing what bitcoins are, we can explain how to use bitcoins properly, how to choose a wallet to store bitcoins, how to buy and sell bitcoins, how to treat bitcoins as an investment and more.

Wexnident

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A comparison would be your best method I think? Then maybe cite some examples of how it's good by giving counter-examples in the other comparison (in this case fiat ) where advantages of Bitcoin (or crypto in general) could be revealed, such as banks locking your own accounts from you or something like that. I don't think there's any need to explain the nitty gritty details of the tech behind it, unless they asked ofc, but then with that they'd need a certain level of understanding what blockchain is so you'd have to start from there.

crypticj

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I think the best explanation is something like this:
"Bitcoin is a digital currency that allows for fast and secure online transactions without the need for a bank or other intermediary. It operates on a decentralized network called the blockchain, which is a public ledger that records all bitcoin transactions. Think of it as virtual cash that you can use to buy goods and services, with the added benefit of being able to send money to anyone in the world with just an internet connection."
I don't think there is a point in oversimplifying things, people need to learn what blockchain is and they need to learn about bitcoin.
I hope schools will start teaching about it soon.

thecodebear

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It can be hard if you try to get into the technicals of the technology and how it works and how to set up wallets and how cryptographic keys work and mining and stuff.

But just to explain what it is is pretty easy. It's just hard/scarce money like Gold, except way better, which is why it is so valuable. And it is digital so included is a payment platform that works globally with anyone who has the internet, no need for banks - you bank yourself, no red tape or expensive fees to send between countries, just anyone who has access to the internet is an equal user who can use it freely and send or receive from anyone in the world.

It's an extremely valuable currency and a totally open global payment network and its the most secure network in the world.

But yeah if you go beyond that and start talking about how the technology and the network and everything works and trying to explain blockchain that's when it gets confusing. And I guess it gets confusing if they start saying like "well governments make currencies so who makes Bitcoin?" and questions like that because they probably aren't prepared to understand how money works.

Baofeng

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I will link you up mate,

How to teach someone about Bitcoin
5 Resources to teach Average Joe about Bitcoin
Using metaphor to help ordinary folks understand bitcoin

I think some of these threads can help you out in introducing BTC to someone if you got the chance to. Or anyone can take a look at it and maybe learn some from of the threads from above.

sheenshane

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Has anyone here had troubles explaining bitcoin or crypto to a normal person?

Most especially those non-techy people will hardly understand Bitcoin or the entire cryptocurrency.
Sometimes old folk didn't understand the latest technology and IMO, those people who are in the new generation are easily for them to understand Bitcoin and crypto which not that hard to explain.

Quote

If bitcoin is supposed to be the future of finance, then the whole world will need to know at one point or another. Basically bitcoin and crypto education is borderline mandatory in our honest opinion.

This depends on the government of each country because the government really hard to adopt a decentralized and make it a centralized currency.
It could be for the country that Bitcoin already declared legal and tender to their place, it's easy to spread the education of crypto, especially Bitcoin.

If people have an interest in Bitcoin they will need to do their own research even if no one teaching them.

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Has anyone here had troubles explaining bitcoin or crypto to a normal person?

Yes, it always feels like you are explaining rocket science at first but then I always reassure them and let them know that no one started with a default knowledge of bitcoins, that is everyone started a Novice. With the feeling of reassurance they become encouraged to want to learn more about Cryptocurrency. Learning something new can be challenging on you if you try to do it alone, so I will ask if they want a physical tutorship or can do well learning online from resources, if the choose tutorship, I can offer to guide them, but if they prefer online and learning on their own, resources can be recommended for them.

panganib999

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Not really hard if you'd think about it. In all senses of the word bitcoin is basically just money with extra perks. So whenever an elderly person who's heard of it on the news or saw it on social media asks me about it, or maybe just someone who's not that familiar with bitcoin, I only ever tell them that it's like money, because well you can use it to buy stuff, you can save it, or you can exchange it for other currencies, just so happens that people love to play with it that's why the price is volatile and can go up and down ("playing with it" is a little too simplified and a bit of a stretch but it's an explanation you'd have to tell otherwise your credibility is at stake at this point). At this point, if they've listened intently, they would pretty much grasp the basic concept of bitcoin already and would stop bothering you with questions, unless they wanted to invest in it.

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Compare or use other digital currencies he/she knows then emphasize the difference. Mention always market price volatility, decentralization and anonymity to somehow get started. Then engage with the downsides of losing an amount. This is important for them to be able fo manage their expecttions than to be carried away of the profit potential then eventually panick whenever there is a price correction which happens a lot given that its market price is volatile in nature.I think explaining would be better if you won't focus on the good side because your purpose is to just explain and not to persuade them.

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Actually there have been several examples and there have been several discussions which are almost the same with conditions like this if I'm not mistaken because there are indeed several threads that I've seen in almost the same condition.
I see a lot of people trying to get other people to know about bitcoin with some teaching, whether it's among work colleagues, in the family, even at school, that's a good thing, but on the other hand, we also have to look at it from an enthusiastic perspective, whether what we tell really has interest and enthusiasm. high or not. On the other hand, for me personally, I don't really want to be bothered with it because until now in my environment, if there are new people who want to learn and discuss, then I'm ready to give suggestions, but if not, I don't want to be bothered by having to introduce it to other people.

Stalker22

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Has anyone here had troubles explaining bitcoin or crypto to a normal person?

Yes, many times. But I define "normal" very loosely in this context. Wink

Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

If bitcoin is supposed to be the future of finance, then the whole world will need to know at one point or another. Basically bitcoin and crypto education is borderline mandatory in our honest opinion.

What do you all think?

To put it simply, as the use of Bitcoin and cryptocurrency becomes more widespread, it is likely that more people will need to understand these concepts. In a world that is increasingly digitized, digital currencies may become more common and even necessary in some situations. So, it is good to familiarize yourself with these terms. But not everyone needs to know all the technical details. Just like millions of people use card payments and ATMs without knowing how they work, many may use cryptocurrencies without understanding all the details.

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Quote from: Dunamisx on February 18, 2023, 04:21:55 PM

Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Has anyone here had troubles explaining bitcoin or crypto to a normal person?

Despite we have individuals differences whereby some people were good at teaching while so e were not, but most importantly is in showing interest for teaching if you're capable of it, being capable in the sense that you already have acquired the required standard for teaching someone about something which begins with knowledge, be a knowledgeable person so that you can have something to give out to others about bitcoin.

Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

If bitcoin is supposed to be the future of finance

It is already and don't think about it, you can refer people to this forum since you're also lucky enough to have discovered here, let them also have interest first and read by making research both here and on the open internet about bitcoin and start learning, heavens help those who helped themselves.

i believe one way for them to explain bitcoin and the value of it is to teach him how to use electrum (or any other light btc noncustodial wallet), send him some satoshis, and teach him how to convert it to your fiat money. in that way, he will understand that btc has corresponding fiat value. there's no easy way to teach btc, but there's easy way how to show them its market value. because some people won't believe that they can easily get fiat out of crypto. also, make sure the person is willing to learn all about btc and crypto, because he will also find a way how to educate himself by readily available resources over the net.

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Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

Has anyone here had troubles explaining bitcoin or crypto to a normal person?

Despite we have individuals differences whereby some people were good at teaching while so e were not, but most importantly is in showing interest for teaching if you're capable of it, being capable in the sense that you already have acquired the required standard for teaching someone about something which begins with knowledge, be a knowledgeable person so that you can have something to give out to others about bitcoin.

Quote from: GodsOfSolana on February 18, 2023, 03:11:16 PM

If bitcoin is supposed to be the future of finance

It is already and don't think about it, you can refer people to this forum since you're also lucky enough to have discovered here, let them also have interest first and read by making research both here and on the open internet about bitcoin and start learning, heavens help those who helped themselves.

Nwada001

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I have not actually explained Bitcoin to someone who knows nothing about crypto before, but if I have the opportunity to meet someone who wants to learn and has knowledge on it, I will simply have to break it down by saying that Bitcoin is the only money that you can't see with your eyes; it's something that actually exists but can't be seen; it's something that can give you fortune and sometimes take your entire fortune away; all depends on how you follow it; it's something that has come to stay and changed the way we transact; it's very vital and at the same time very risky.

GodsOfSolana

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Topic: What is the easiest way to explain bitcoin to a regular person? (Read 358 times)