I have often explained crypto to my friend,but many don't understand and many misunderstand.
I will not now explain to anyone,because I've been laughed at and mocked
Topic: when you try to explain people about cryptocurrency do they understand? - page 22. (Read 3623 times)
September 28, 2017, 05:53:34 PM
September 28, 2017, 05:49:37 PM
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 
September 28, 2017, 05:43:11 PM
Usually, it depends on the other person's knowledge of Fiat currency and their financial literacy. If they are clueless, they will be skeptical and have a ton of questions. It is tougher to explain to them why Bitcoin has utility over cash in a bank, for example, and should be looked at as an investment rather than a gamble or risk. Most people will follow what they hear in the media - which can be a number of crazy things when it comes to Bitcoin.
Everyone has a different perception of money, so the conversation essentially revolves around how much they know about money to understand Bitcoin.
Everyone has a different perception of money, so the conversation essentially revolves around how much they know about money to understand Bitcoin.
September 28, 2017, 05:35:13 PM
I think we do different strategy how do we share our knowledge about bitcoin.. Because I mostly do actual transactions and posting when they were around me at the same time I'm teaching them.. One thing that attracts them from learning from me is that I don't used referrals for me to gained or taking advantage on they're ignorance to this matter.. A simple thanks is as good feeling as winning a 1 bitcoin jackpot..
September 28, 2017, 05:30:26 PM
No, it has not really been easy for me to explain to others about cryptos, their importance in today's economy and their future possibilities. I must admit that even for me it has certainly been difficult to properly understand all the technological bases behind the development of altcoins. I have an academic preparation as a humanist and that is why computer issues have not been my specialty, however the relevance that are taking the cryptos goes beyond the mere computational field, so I am convinced that ordinary people like me also have the right to to be involved and give an opinion on this subject, despite the resistance of the technicians who hate that we, the normal citizens, give an opinion on these subjects that they consider of their exclusive competence.
September 28, 2017, 05:24:48 PM
To be honest I've failed so many times I gave up.
What annoyed me the most was that after clearing one or two points they started with the same questions.
There are some friends who still bug me with questions even now and then but I don't have the patience to explain them and I just send them the links. Read it, make what you can out of it and choose if you wan to buy use store ignore.
And frankly speaking I don't know how they might react if they made a wrong choice when buying...like let's say 1000 in December 2103 and stayed 3 years mad at me for that. And then even worse because they sold at 300 and now it's at 4k.
So I'm juts going by the law of evolution, who wants to go embrace BTC he can do it alone, I'm not the one that will do the pushing.
What annoyed me the most was that after clearing one or two points they started with the same questions.
There are some friends who still bug me with questions even now and then but I don't have the patience to explain them and I just send them the links. Read it, make what you can out of it and choose if you wan to buy use store ignore.
And frankly speaking I don't know how they might react if they made a wrong choice when buying...like let's say 1000 in December 2103 and stayed 3 years mad at me for that. And then even worse because they sold at 300 and now it's at 4k.
So I'm juts going by the law of evolution, who wants to go embrace BTC he can do it alone, I'm not the one that will do the pushing.
September 28, 2017, 05:12:20 PM
It really depends on their background alot and also on their age. If peole have a tech background the chances are usualy good that they understand why I'm exited about Bitcoin. On the other hand people without a technical background won't understnad mich. They usually sthink it's a silly fraud and try to convince me that it's stupid by comming up with really nonsense arguments. What I usually tend to do is try to motivate people that they do the investigation parrt for themselves. Next time they meet me a lot of them are really thankfull that I kinda forced them to do some investigation on the crypto topic.
September 28, 2017, 05:06:09 PM
Normally they don't, but if you're intro cryptocurrencies long enough you eventually know how to explain the basics in a language fully understandable by most people. Then some get curious, and others don't...
Either way, it's still something quite out of the ordinary for most people, so it's pretty hard to explain...
Either way, it's still something quite out of the ordinary for most people, so it's pretty hard to explain...
September 28, 2017, 05:03:05 PM
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 explain them short and easy what bitcoin is so they can at least make an idea about it. It is hard to explain all the process that bitcoin does and they cant understand it if they dont know all the informations. So explain them only the important part of bitcoin , what it is and how it works. i wonder:
when you try to explain people about cryptocurrency do they understand?
September 28, 2017, 04:58:33 PM
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 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.
September 28, 2017, 04:46:26 PM
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 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.
September 28, 2017, 04:43:21 PM
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 wonder:
when you try to explain people about cryptocurrency do they understand?
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