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Topic: when you try to explain people about cryptocurrency do they understand? - page 11. (Read 3623 times)

full member
Activity: 185
Merit: 100
A sports token that knows your favorite team
It's natural that you don't understand at first a new topic. So most of the people who ask me about it, they do not understand it fully. That is why they have to do research on their own. Self-study would help them to understand the concepts. Cryptocurrencies is not easy to understand actually.
member
Activity: 336
Merit: 10
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Well first we need to separate cryptocurrency from the following terms, scam, money scheme, pyramiding, and networking. People need to close their ears and eyes from media's interpretation of cryptocurrency which is often depicted like those four terms. It is a money that is digital in nature and can be used for online transactions or asset for investments.
member
Activity: 280
Merit: 15
BookiePro.Fun - The World's Betting Exchange
(Un)fortunately, it takes some time to explain to someone how cryptocurrencies work. I always get a lot of question which I'm really content to answer. Not every person understand what I say but it looks like most of them listen to me carefully. I always try to show the benefits of Bitcoin. I was quite surprised that not every person knows that paper money has not value at all! Some of them thought that government has enough gold to cover the value of each bill.
legendary
Activity: 1904
Merit: 1000
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

The don't understand, it takes time and need more reading before they learn. Specially if they're not familiar with technology. But I'm still trying to teach every friend of mine wanted to learn about a crypto.

We could use a way that is easily to understand by others. There is no need to explain things that are so specific to people who are still new about crypto. We can make gold as an example.
hero member
Activity: 1498
Merit: 586
I try to explain about crypto currency to some friend, honestly not easy to explain to them, only a few of them can understand but they are look not interested about that.. they are more trusting offline job more than online job..
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Everytime when someone ask me about how can i get my money, i tell them about bitcoin, that is need internet connection to access to it because its like online job that you need to open your account before yoh used it. Then to those some people who dont know bitcoin i telk them the my basic knowledge to make them understand how to operate bitcoin.
hero member
Activity: 1134
Merit: 502
When i try to explain it to my workmate or colleagues they do understand and they are eager and excited to try or use Bitcoin like what i am doing but the only problem is that the price of Bitcoin right now are not affordable especially if you are living in a third world country like us. Gladly i was able to use Bitcoin in its early phase while it is cheap but right now my friends are annoyed because though they can see the potential profit they can get they cant start because they can't afford the price.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
I try to explain about crypto currency to some friend, honestly not easy to explain to them, only a few of them can understand but they are look not interested about that.. they are more trusting offline job more than online job..
What exactly cryptocurrency has to do with having a job? You don't need to to be employed online to earn bitcoin, you can pretty much buy BTC with fiat.
The best argument when trying to convince someone about future of cryptocurrency is the growth ratio we experienced so far. Don't forget about that.
I find more difficult to explain to people fact that they are living in a world based on a debt - and to pay up this debt they are spending the money they don't own.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
Somehow. Well, it depends upon the people who can catch up quickly. Normally, people does not get what I am trying to explain about cryptocurrency it always end up like I am telling a fantasy stories or some story that needs a critical thinkng but if I give a real life example like showing my mobile phone and start explaining they somehow understand. In addition to my answer earlier, there are some people who can get it quickly even without showing some example. According to my observation most of them are technology literate so, they do make sense on what I am trying to show to them.
newbie
Activity: 41
Merit: 0
It depends. Sometimes they even explain it to me. Cryptocurrency is such a thing, you think you grasp its meaning but the next second it vanishes from you.
jr. member
Activity: 182
Merit: 8
NTOK: Tokenize Your Talents
At the first time you explained it to them, they will never understand it. Why? Because their hearts and minds think it is a fraud or scam. People tend to become aware of the environment presently at our generation because many people tend to cheat people, making bad things, that sort of started all of it. But when they see the reality of bitcoin and the cryptocurrency itself, they will believe. Yet it should not stop there. Everyone must research. See for themselves what are these cryptocurrencies? How are they made? Why did they have value? These are questions should be possessed by a cryptocurrency investor.
sr. member
Activity: 644
Merit: 252
I'm just a Nobody.
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

The don't understand, it takes time and need more reading before they learn. Specially if they're not familiar with technology. But I'm still trying to teach every friend of mine wanted to learn about a crypto.
newbie
Activity: 59
Merit: 0
Usually i explain the basics, like i would show them only the book covers, then i tell them to read it if they want to know more and then we can talk about it Smiley.
jr. member
Activity: 301
Merit: 3
DAEFROM.com
I tried to explain everything about cryptocurrencies to my friends but they don't seem to understand it. They don't even know how it works and how is it even possible to earn money with cryptocurrencies. They don't believe that it really works and I don't know how to explain it to them anymore.  Cheesy
full member
Activity: 490
Merit: 100
I try to explain about crypto currency to some friend, honestly not easy to explain to them, only a few of them can understand but they are look not interested about that.. they are more trusting offline job more than online job..
sr. member
Activity: 364
Merit: 267
I tried this to my friends, and they don't know about the cryptocurrency. So i tried to expain to them at small details on what is cryptocurrency and at first glance they are little bit confused. Because of the term cryptocurrency they did not know about it. So its pretty much a huge effort to give in order them to understand it.
When i tried to explain them about what bitcoin is, first I said it is a cryptocurrency then they did not understand anything, later on I explained about digital currency how it works , exactly the same way bitcoin works and also gave them example about online gold purchase then they realized about the bitcoin.
It is really confusing for them at first but when we try to explain it to them by giving examples they will get the idea especially if they have a basic knowledge about technology. But sometimes not all of them understands and they are lazy to search about it in the internet, in order for them to learn they need to make research about it themselves or watch videos in youtube.
newbie
Activity: 44
Merit: 0
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

it’s hard to explain it fully just tell them basic and show them how fast sending and receiving

also how to make a wallet and more 
member
Activity: 231
Merit: 10
For me, I tried explaining this by comparing cryptocurrency to fiat, I just clarify them what are the differences and similarities of two. Doing this can make them easily understand what is the real bitcoin is.
full member
Activity: 406
Merit: 100
I tried this to my friends, and they don't know about the cryptocurrency. So i tried to expain to them at small details on what is cryptocurrency and at first glance they are little bit confused. Because of the term cryptocurrency they did not know about it. So its pretty much a huge effort to give in order them to understand it.
When i tried to explain them about what bitcoin is, first I said it is a cryptocurrency then they did not understand anything, later on I explained about digital currency how it works , exactly the same way bitcoin works and also gave them example about online gold purchase then they realized about the bitcoin.
member
Activity: 205
Merit: 10
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Some friends are askin me about cryptocurrencies. I explain this to them by giving examples from fiat currencies. Creating similarity between fiat currencies and cryptocurrencies is a good technic to explain bitcoin and others to them.
When im trying to explain to people if what is cryptocurrency, they don't understand what is all about at first. Specially to those who does not have little knowledge about it. It's difficult to explain what is all about but I do different strategies on how to explain it easy. I explain it step by step and i do also actual explaining like showing them on how to earn bitcoin.
member
Activity: 168
Merit: 10
I tried this to my friends, and they don't know about the cryptocurrency. So i tried to expain to them at small details on what is cryptocurrency and at first glance they are little bit confused. Because of the term cryptocurrency they did not know about it. So its pretty much a huge effort to give in order them to understand it.
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