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Topic: when you try to explain people about cryptocurrency do they understand? - page 14. (Read 3623 times)

full member
Activity: 322
Merit: 105
I have many friends who are very techy and internet savvy and those are the people who understand cryptocurrency right away. I also have friends who doesn't get it just like me before. But i have a lot of patience to explain it to them because I've been through it and I know how hard for it to understand.
full member
Activity: 644
Merit: 103
Depends on who I'm talking to. If, lets say,  a friend asks me about it it most of the time they will not understand it even if some are knowledgable in gadgets and techs, it's hard to take in at first. If perhaps I'm talking to an old person, theres a high chance that they might not get it maybe because of the generation gap.
jr. member
Activity: 51
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?

i’m a banker and not know more about bitcoin (how software work) but i used it and planned to make money from it.

just say it give you direct connection between sender and receiver.
member
Activity: 224
Merit: 10
I think the youngsters can easily understand about bitcoin because they know computers internet and many other advancement which existed in the world like in the present time if you are expert of technology you have a good image in the job society and business as well.
brand new
Activity: 0
Merit: 0
Some people' yes, and some are not. Ill explain only for those willing and believing its possible to earn in bitcoin, and for those who aren't Its just wasting your time.cause many people stands on saying "to see is to believe"
hero member
Activity: 1190
Merit: 534
Yes, it takes time and to be honest, they don't understand in the first attempt. In most of the cases, they have some misconception in their mind about Bitcoin and crypto industry. In few cases, they think that it is a kind of MLM scheme or Ponzi scheme and I am trying to explain this to them just for my benefit. However, I don't keep any secrets while explaining cryptocurrency to them including volatility, forks and unknown future possibilities.
full member
Activity: 280
Merit: 100
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?

Yes, but it is not easy to explain. The hardest part is, to make them believe that cryptocurrency is not fraud. It is a lot easier if you explained it to those people that are interested because they believe in you unlike to those who don't, its like explaining to a wall if they are not interested.
It is so much easier to explain cryptocurrency especially bitcoin today, compare to the past because crypto is getting so much attention.
Just explain it to them very clearly show them your earnings to make them believe.
newbie
Activity: 13
Merit: 0
Some people' yes, and some are not. Ill explain only for those willing and believing its possible to earn in bitcoin, and for those who aren't Its just wasting your time.cause many people stands on saying "to see is to believe"

I find the same problem, many people are closed minded to the idea and will not believe it unless they experience it for themselves. Many of them do not understand how something that is not tangible can have any worth. Then I ask them what about paying for credit card transactions abroad or such and they say 'oh no that's different because the bank are moving my dollars'
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
yes they understand about bitcoin and other cryto currency so many are using it, but if they ask me how to use it I just say they use their bitcoins in trading sites and they exchange them with altcoins , then they make money so many people learn bitcoin even if they do not teach them because they just talk to me on how to use bitcoin.
brand new
Activity: 0
Merit: 0
Well it depends on how you explained to them if they will understand it or not. If you only discussed only the meaning of the cryptocurrency then I'm sure they won't really understand it at all. Try some sharing your experiences about you using and gaining bitcoins, it is an effective way for them to easily understand what cryptocurrencies are.
full member
Activity: 157
Merit: 100
With the development of the digital world more and more people are familiar with bitcoin, in my own environment there are still many people who do not know bitcoin as a digital currency. I once tried to tell my neighbors but many did not believe it

Maybe we should show the results we get from bitcoin
jr. member
Activity: 59
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?
If depends on the person I'm explaining it. It has not been very difficult to explain to people in the technology area, but for people with poor understanding about technology, it takes some time.
member
Activity: 245
Merit: 10
https://keepcalm.finance/
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.

I like the way you explain cryptocurrency to people, maybe I'll use it this way.
sr. member
Activity: 756
Merit: 268
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?
I tried to explain to my friend last month about bitcoin because he is interested to use and learn about bitcoin so he could buy the things that he wanted . While i am explaing it to him he is confused about bitcoin there are some terms that he can't understand so i show him some videos in youtube about bitcoin then after that he started to understand about bitcoin and he is now using bitcoin as a source of income.
member
Activity: 126
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?

Yes they understand because they are are focus on what they see what is bitcoin is.Because in our place bitcoin change their life, especially my brother he is rich now because of bitcoin.lf you have a proof they will just ask what you do and lm sure everyone who are interested also to have what you have they will study how they will get what you have. Some people are really difficult to understand about bitcoin but they are trying their best to make it also.
full member
Activity: 210
Merit: 100
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?
this is really hard because before i enter in the forum i dont have any knowledge about bitcoin and before i didnt believe to my friend who tell me about this but when he get a lot of money i was amazed and i got a courage to use this so for me teaching about crypto to others is hard dont try because they will going to laugh at you.
brand new
Activity: 0
Merit: 0
Not really, so many things you need to explain, mining, the blockchain, hashpower, it always ends in them telling me I can't explain things  Grin
hero member
Activity: 1134
Merit: 502
Some do understand because they already have an idea of cryptocurrency because of the current price of Bitcoin they get curious, Someone told me that they are just afraid to try or test using cryptocurrency but when i showed them proof of my achievements or earnings in Bitcoin they are fascinated and willing to try using crypto, of course i told them to focus in Bitcoin first before they venture alt coins.
full member
Activity: 531
Merit: 102
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?
Sometimes I tried to explain cryptocurrencies to other people but the first reaction I get is they are confused. It is a very difficult subject specially to those people who are not familiar in trading and online world. Sometimes,when I explain they start asking questions and answering them but still they do not understand. Fortunately, there are also people who are open-minded and those are the people who are familiar with trading and online world so, they easy understand the idea of cryptocurrencies.
full member
Activity: 224
Merit: 121
Sometimes I try to explain to them the meaning of cryptocurrency to make them understand how can it be our currency in the near future.Its hard to explain to somebody who is not open minded and sometimes some of them do not believe and I am not forcing them to engage on it I want them to realize that someday cryptocurrency will  help us in our daily living.
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