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Topic: when you try to explain people about cryptocurrency do they understand? - page 9. (Read 3623 times)

member
Activity: 121
Merit: 11
I don't think they really understand it, if maybe they try it hands on, maybe they will have an idea on how it works and they may get interested in Bitcoin.
sr. member
Activity: 413
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
At first they don't know some simple points. I need to explain it clearly to them in order to understand. People who are not aware about cryptocurrency are hard to discuss. They are in to technology but that doesn't mean they know about it so explaining it correctly will be understood to them.
full member
Activity: 308
Merit: 128
Here I come! Again!
Yes especially if they don't know how to use gadgets or computer 😂 haha. But for some people I just tell them that it was a digital currency which you can use to transact online, it was such a drag to explain more because they won't understand it instantly.

Exactly my problem as well, but mine is actually worst, they wont even understand digital currency. I explain to my mom as "making money online by buying and selling", that's the best I can do to explain to her LOL
But it is not much different than explaining to friend who's not a tech savvy, they dont even know how trading works in the first place
member
Activity: 171
Merit: 37
I explain them what is bitcoin,how it is work.Firstly  I am setting them examples about online currencies.Step by step process  is applied so that people may know. some if them understand it very fast and some don't.
Detailed explanation is such a good method to make people understand cryptocurrency. When I'm explaining cryptocurrency to my friends, I always make sure that it is detailed and well explained. Just like what you did, giving examples and step by step are also one of the methods I did. Doing these method, they understand it well and now, they are all working on Bitcoin. I hope we all both succeed.
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?
Upon explaining Bitcoin cryptocurrency and alternate cryptocurrencies to people there may be instances that there are different approaches that may come since it was just new to their nature.At first, it makes them a hard time to fully understand Bitcoin cryptocurrency and other types of currency which is just a normal approach because it ia not typically easy to understand yet not too complicated to learn. It just takes time for them to be able to fully understand it and others are really in need to see proof before they can understand it.
member
Activity: 454
Merit: 10
"Reserve Your Ledger at GYMLEDGER.COM"
When you tell someone about things that they don't know or understand like cryptocurrencies. At first they will not understand what it is. But when you explain it carefully and easy to understand. They will get what you want to explain to the easily.
full member
Activity: 434
Merit: 100
Hexhash.xyz
I only explain about cryptocurrency to those who's willing to learn because I know when you have interest in one thing you have the power to learn more even if it's harder than what you think. So, they easily understand when I'm explaining about cryptocurrency.
full member
Activity: 336
Merit: 100
For some people is difficult to explain. While for others it is easier. It's easier to explain to people who are curious and who always do internet surveys in order to check what you said to them, and then come back to you with positive or negative ideas. Difficult is  when you explain to someone and this person simply thinks that you are crazy because for this people, I believe that money can be created. In fact, what I could notice, that these people who do not believe, are mostly very conservative and very proud.
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 dont need to explain this community to others because i dont want to add some
forum spammers since people that closes to mine knows that im involved in this crypto world,
i want them to have their own knowledge about this and waiting for them to ask me allabout
bitcoin so i will be glad telling them about whats the positive and negative thing .
sr. member
Activity: 490
Merit: 250
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 is really hard to explain what bitcoin is and how it came to be or mined if one doesnt have the technical know how. Besides a lot of people ignores me when im about to speak about cryptos so i dont bother anymore.
full member
Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
When I'm explaining people about cryptocurrency some of them don't understand especially to those who's slow learner and have no interest in bitcoin but some can easily get what I mean about crypocurrency. But if I will continue to explain about that maybe all people will understand about the cryptocurrency.

Yes especially if they don't know how to use gadgets or computer 😂 haha. But for some people I just tell them that it was a digital currency which you can use to transact online, it was such a drag to explain more because they won't understand it instantly.
member
Activity: 238
Merit: 38
When I'm explaining people about cryptocurrency some of them don't understand especially to those who's slow learner and have no interest in bitcoin but some can easily get what I mean about crypocurrency. But if I will continue to explain about that maybe all people will understand about the cryptocurrency.

Yes that is the key point, when you try to explain to others you will learn more and understand how it works. Even one of the most respectful person when it comes to bitcoin and other cryptocurrency Andreas Antonopoulos says he started to write his first famous book Mastering Bitcoin to learn more about technology itself. You approach is defiantly good.

Maybe start by explaining to them first to realize that even today's fiat is in electric form in terms of credit cards and anyway both BTC and FIAT have flaw if electricity/internet shuts itself down since neither of them would survive. But it can be difficult for ordinary person to understand the risks with their private keys and how to be safe because they are their own bank without middleman doing thing for you, I had a bit troubles to explain this to others as well.
hero member
Activity: 812
Merit: 510
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?
Most of my friends and my family are tech savvy so it becomes very easy to explain the concept of btc or cryptocurrencies to them. But to convince them to buy Is a bit challenging, as it's an expensive investment and requires lot of consideration before investing.
full member
Activity: 391
Merit: 100
SOL.BIOKRIPT.COM
When I'm explaining people about cryptocurrency some of them don't understand especially to those who's slow learner and have no interest in bitcoin but some can easily get what I mean about crypocurrency. But if I will continue to explain about that maybe all people will understand about the cryptocurrency.
full member
Activity: 419
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 but most of them didnt understand well...when i liquidated some cash then started to believe  Cheesy
At this time convincing people about bitcoin is quote easy because bitcoin has become common in talks and everyone has a bit of knowledge about bitcoin and now they just only need a smaller push of motivation and all the understanding come into their mind and in past people need proofs and many other things but now internet is here people search about the thing in no time and get quick proof and it is quite good.
member
Activity: 270
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 tried but most of them didnt understand well...when i liquidated some cash then started to believe  Cheesy
full member
Activity: 462
Merit: 100
Both. They will understand or not. When your explaining to others it depends on people how they appreciate it cause id people want it to understand. They can get it. But if theyre not interested its wastes. But try approach it in the way that you can compare it to real life Smiley
member
Activity: 143
Merit: 10
Some of them ask me about physical forum of bitcoin and how bank bank support it.

also many confuse about government and central bank against bitcoin.
jr. member
Activity: 104
Merit: 4
It's just a matter of being open minded.It's understandable to say that cryptocurrency is an complex matter to begin with since most people are not really aware about this.Most people thinks about their safety and legal protection specially when engaging in such activities which is still new and doubtful for them.
member
Activity: 105
Merit: 10
I used to be able to convince people about bitcoin. I used arguments like everybody else: the micropayments, low fees, ability to send money abroad etc. The regular blah blah.

Currently I cannot argue with them because I have no arguments: there are no micropayments, there are high fees and actually if you send money abroad you pay more than with western union......
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