Topic: when you try to explain people about cryptocurrency do they understand? - page 20. (Read 3623 times)

actually  its hard to explain to people who don,t have knowledge about technologies,besides other people wanted to know first the name bitcoin before they believe on it..only few can understand even simple explanation but maybe it depends upon the flow of the memory can,t catch up readily

Sometimes there are people who doesn't understand immediately the cryptocurrency because it is a new term and concept so I would explain it in a way that it will be relatable to them. It would depend on who I am talking to. I am one of those people who doesn't understand the technicalities of cryptocurrency because I did not study IT or have a job related to IT but I understand the concepts of it and I explain it to others the way I understand it. If they have some questions that I don't know the answer as well, we will research it then to discuss about it.

Sometimes yes, most of the time no, but I tell them even I am not an expert and that it's something you learn and gather knowledge with over time.

i think some of them is understand but the others is still confusing although i give details explanation to them. maybe bitcoin is something new for them and they still thinking that is impossible to make money by internet. what they see is how people like us can earn bitcoin by doing free ways meanwhile the other people is buying bitcoin to make money or profit. but i don't explain too details for people which thinking like this, i only explain that bitcoin is the best investment right now in internet and its up to them if they want to join or not. the decision is always for them, i never push them to follow my way.

I tried several times but i dont get much attention, you have to know that old people, or those who are above 30+ does not believe in new technologies, that is why they dont pay too much attention to bitcoin, and how digital currencies are going. I also tried to introduce my dad, but he can not even use his smartphone, so i could not expect him to manage bitcoin and the electronical wallets, it would be impossible for him.

Yeah I get a hard time explaining things to people. Like in my friend circle when I told about crypto currencies they were like saying you are crazy man go away. There is nothing like that and if it's virtual then for sure it's real and all the stuff. That was the situation like, I know guys I have thousands of dollars from it but they were like still go away. That's frustrating sometimes when we are being nice to people and trying to teach them new era learnings and earnings. But anyways somehow it's not easy to tell about the crypto currencies to others as long as they get into it themselves. I believe only 2/10 get it right at the first time we explain them but in later times they get into it and learn by themselves.

How you explain something to someone is really a huge factor for him to understand. Especially if you are introducing something that they haven't heard of and is new to them. Bitcoin, or cryptocurrency in general, is quite hard to explain especially on a technical aspect if you are talking to someone who isn't knowledgeable enough. If I'm gonna put it plainly, the first thing that I'm gonna say to someone is that it's a source of income. The term income alone can catch their attention. Then I'll slowly explain to them how it works and how he/she can earn from it. And as much as possible take time in explaining the technicalities like citing an example that can explain the terms simply without confusing them.

I have tried explaining them of what crytocurrencies are. It is kinda hard for me to explain it, because they can't imagine it and its value. But somehow, they kinds excited of hearing it based on my explanation they are interested to be a part of the nee finance community.

whenever i try to explain to people about cryptocurrency, sometimes they just give me a blank stare, since it is new to them, but when I tell them it is a good investment and for sure you will have more gains, they begin to listen, however for those who really have no idea how money works, it is like trying to talk to a wall, and i just respect them who they are and what they believe, as we all know, bitcoin is a great investment, but it may not be for everybody, just take a look at those countries who legalized and those who banned bitcoins, it is true that both will have separate worlds, but in the end they need to respect each others decision. for those people who don't understand cryptocurrency, i just make sure to remind them, whenever there is a chance to try and research, at least have a little knowledge on what i'm speaking of, and if in time they begin to be curious, i will gladly teach them on what cryptocurrency is and how they can benefit from it, it does really takes one step at a time for those persons with less to zero knowledge at all with cryptocurrency to understand what we are doing, still we need to choose those people whom we want to help, because sometimes there are those who will just make fun of you, but in the end, we'll be the ones that laughing.

in my opinion depends on their many backgrounds and also on their age. If people have a technological background, the odds are usually good so they understand. On the other hand people without a technical background will not understand. They usually think that this is a silly fraud and try to convince me that it's stupid to argue with an argument that's really nonsense. the only people who understand very little.

There are different types of people that i was able to share my knowledge with.
Some of them would get what you are telling them instantly.
There are also those whom you need to teach the following day so that all that you thought them would sink in to their mind.
And of course there are those that even they fully understand cryptocurrency will still criticize it.
Thinking it might just be another form of scam.

When I explain about the crypto market there are some understand and some people don't understand.
 But I'm still glad that there are people who still understand what we are doing and pursuing and accepting it.

It depends, if the person has head atleast something about cryptocurrency like on the news then he is more likely to listen and understand me. Recently some of my friends have been asking me about bitcoin, when I try to explain they don't get 90% of what I am saying so I direct them to some YouTube videos which do the basic introduction to bitcoin.

When I explain what a crypto world they many do not understand
But when I told them to read the site most of them began to understand
So I just need them to learn it by reading

It's either they understand and still be skeptical or they are not interested to listen.  I mostly explain it to my close friends and relatives since I saw it as an opportunity to help them.

i tried to explain this to my friends but i seem to hit only rejections so i stop bother with it. I am not judging because i dont know if i would believe it if someone told me a few years back about it.
The only thing that bothers me is that they dont know what they are missing and i guess i am the only one to get rich...a cross i will have to carry

I have several times explained to some of my friends, but yes the result 50:50, there is my friend who immediately asked to learn how to join here, but there is also a quasi indifferent, do not even want, they still do not believe with what I have got from here. for me no matter what they do not join, I am also not harmed about it. the important thing is I have invited them to generate additional income that even exceeds the salary in the company.

Well, unless if my relatives/friends asking me about Cryptocurrency. Then, I will try my best to explain the definition of "Cryptocurrency" via Skype or Teamviewer (for safety precaution, I prefer not to discuss it in public)

When I try and explain cryptocurrency people do tend to understand because they actually ask a lot of questions which means they are engaged and trying to learn more.

I do not know probably I am a horrible teacher.   I tried to teach them step by step even pointing them to different site for resources but at the end of the day they learned nothing.  Even the wallet creation where I gave the link of Youtube on how to set up one is hard for them to follow.  Aside from that they have lots of thought in mind but the first one to come is how they can earn on Bitcoin making other stuff for learning vague.