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Topic: when you try to explain people about cryptocurrency do they understand? - page 6. (Read 3623 times)

legendary
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
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...

In fact, they are not very understanding, sometimes even to stop you. Think of it as a scam and sometimes do not want to explain it. People who understand you will always understand.


There is some truth in the fact that some people are better listeners and also better interactive or maybe just interested in a variety of topics.

Sometimes you do not know about someone's areas of interest until either they ask or something in your environment sparks the conversation in a certain direction, and one thing leads to another, and the next thing you know, talking about crypto.

On a weekly basis, I have anywhere between 5-10 people that either I talk with about bitcoin or the topic comes up, and sometimes these are folks that are brand new to bitcoin or crypto and other times they have had some exposure to the topic.  Sometimes, I see them in a quasi public location in which I have three computers that are running in various spots, and each of the computers have bitcoin tickers running (my two favorite to keep up on the screen in order that I can see it from a variety of angles is bitcoinity.org and bitcoinwisdom.com).  

So sometimes folks will see the bitcoin ticker and they will ask about what it is or guess what it is, for example suggest that it is the stock market or something like that.  So, if the topic goes down the bitcoin road, then I am more than willing to discuss, and if they start to talk about various other cryptos, then I am not too interested in discussing other cryptos, so there is a bit of a two way street about whether people know anything, and how much either they or I am interested in the topic.  If they get me talking about bitcoin, then that is when we get into potential information overload territory in terms of my willingness to share (in the event that they are interested in the topic).  If I sense that peeps are not interested in the topic, it is easy enough to change topics, and in other words, I do not push it.

So the punch line is that ease of explaining does have some connection to the level of interest of the audience, which may be different time 1 or time 2 or time 3, etc.
full member
Activity: 162
Merit: 100
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...

In fact, they are not very understanding, sometimes even to stop you. Think of it as a scam and sometimes do not want to explain it. People who understand you will always understand.
member
Activity: 107
Merit: 10
I do not talk about technological nuances and other complex issues, but I always emphasize the safety of bitcoin, I tell you what profits can be obtained and how to do it. Usually people understand everything and even start to invest in money.
member
Activity: 276
Merit: 11
They do not understand one bit. not even a few people who criticize. But after a while they see the changes being experienced by bitcoin users, they become interested. Initially it was hard to explain, because there are so many market languages. But as time passes slowly they will understand.
full member
Activity: 364
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?
I introduced bitcoin to my friends and family, I know they do not care at first but when I told them more they got interested,its hard to understand at first,even I do not completely understand all the terminologies and other things that I must know. if you want them to learn about bitcoin,teach them the basics and dont teach them chunks of information, just bit by bit and they will learn eventually. By that time, they will probably have interest and they will start asking questions about something that isnt clear to them.
hero member
Activity: 994
Merit: 544
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?

They do. When I explaib bitcoins in every detail possible, they understand what bitcoins are and what other cryptocurrencies are currently circulating in the internet. But I never push them to invest in bitcoins not to mention to start trading. I guess it's their own initiative to try and start trading. At least when they do do it on their own and fail, they can't blame me.

Good for you that they understand about it.  As for me I was having a hard time to explain to them how bitcoin gives an income.  They are always afraid to try and always saying that it is a scam.  It is maybe because bitcoin is not that popular here in our country. If they do not understand I just stop explaining.
full member
Activity: 309
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?

They do. When I explaib bitcoins in every detail possible, they understand what bitcoins are and what other cryptocurrencies are currently circulating in the internet. But I never push them to invest in bitcoins not to mention to start trading. I guess it's their own initiative to try and start trading. At least when they do do it on their own and fail, they can't blame me.

If we're talking about an elder person, it's really hard for them to understand how bitcoin works. Youngsters are better in understanding the bitcoin technology actually.
full member
Activity: 504
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?

They do. When I explaib bitcoins in every detail possible, they understand what bitcoins are and what other cryptocurrencies are currently circulating in the internet. But I never push them to invest in bitcoins not to mention to start trading. I guess it's their own initiative to try and start trading. At least when they do do it on their own and fail, they can't blame me.
jr. member
Activity: 118
Merit: 2
Yes, many people are still backward. They do not listen to me explain. I tried to explain it all. But they did not listen. and also opposed me. I feel sorry for them. I think they will regret when they know the benefits of bitcoin
member
Activity: 224
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?
Not really but they are interested and willing to learn about digital currency.But also because I don't have complete knowledge about bitcoins and other cryptocurrencies so maybe that's the reason they don't really understand what cryptocurrency is especially bitcoins.
newbie
Activity: 130
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?
some of them understand and some do not. so many things you need to explain about bitcoin such as mining, blockhain, altcoin and others. so i just tell them what is bitcoin and if they want to know more, they should search articles about bitcoin on google
It depends upon whom you are telling about crytocurrency  if the listener is beginner in this field then just tell him key points and let him indulge this field slowly and then he will understand things proportionally and if the listener already did his homework on cryptocurrency then you can tell hi in details.
full member
Activity: 390
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?
some of them understand and some do not. so many things you need to explain about bitcoin such as mining, blockhain, altcoin and others. so i just tell them what is bitcoin and if they want to know more, they should search articles about bitcoin on google
jr. member
Activity: 57
Merit: 1
If the person to whom I tell you is interested in this then yes they understand a little but there are also those who just ask you are wasting your time they nod in silence and say that this is some sort of divorce.
member
Activity: 82
Merit: 10
My first try upon teaching Cryptocurrencies is my girlfriend Well It was really bad i I really still dont know what the first thing to do in teaching it and as the result she doesnt understand on what Im saying..But I dont want to surrender upon teaching others the good news about these cryptocurrencies and how to sustain their daily lives and even become Successful with the Use of Cryptocurrencies..
member
Activity: 406
Merit: 10
It is an arduous task to explain what the term crypto means to people who have no similarity to this subject. There are many technical issues that a lay person has difficulty understanding. However, the more people entering the crypto market, the more disclosure this will have and the easier it will be to understand this fascinating subject. Blockchain, wallets, private and public keys are still subjects restricted to few people around the world.
newbie
Activity: 147
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?
People that interest in cryptocurrency will try, but people that against it will try to get you down and they don't even listen.
full member
Activity: 462
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?

I tried explaining cryptocurrency and bitcoins to my parents, who are now at a ripe age for retirement, and they actually understood it. "Bitcoins are similar to stocks." as stated of both of my parents. They are actually interested to further explore bitcoins buy I think they will be having a hard time investing on their own so I'm here to guide them.
full member
Activity: 251
Merit: 100
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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 remember my friend when I tell them about bitcoin and other cryptocurrency at first they are not interested but when I said that I earn money from it they become curious and start to questioned me anything about it.
full member
Activity: 294
Merit: 105
My brain says “loading...” when my sister explained it me. When i tried explaining this to my friends the reaction is the same! Some of my get confused or puzzled about this cryptocurrency. It was kinda hard to explain what is it all about especially those who dont have experienced in working online or even in a call center. I sometimes dont need to elaborate if i can sense they dont really get it. I advise them to read about it online. They can ask me afterwards Smiley
full member
Activity: 210
Merit: 100
I already do it to my classmate lately.They are familiar with bitcoin because they saw it in social media but when i start to explain all about bitcoin,how its work,why their are many investors in bitcoin and i also explained to them how they can earned money.I look to their face and its like they not believed for all i said.They understand me but they have many questions about bitcoin.I think they need more evidence before they fully understand bitcoin.
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