I think bitcoin can continue drive progress more years even it has no legal acceptance.
Topic: WHICH CONCEPTS WOULD YOU HIGHLIGHT THE MOST WHILE EXPLAINING BITCOIN? (Read 387 times)
December 23, 2018, 09:44:48 AM
November 19, 2018, 01:14:34 AM
I think financial freedom is the most important, because Bitcoin knows no borders and you can shift money between countries with zero restrictions. You can also do business with whoever you want to and no Bank or PayPal can tell you what to do with your own money.
A lot of people only realize these advantages when they are blocked by Banks or PayPal or when they want to transfer money to their friends and family and they are stopped by their government. 
A lot of people only realize these advantages when they are blocked by Banks or PayPal or when they want to transfer money to their friends and family and they are stopped by their government.
November 18, 2018, 11:19:30 PM
I will highlight its decentralization and anonymity. when explaining about bitcoin, I think decentralization and anonymity is what make bitcoin so special and convenient.
November 18, 2018, 10:18:34 PM
A detailed explanation of how bitcoin is transacted between two parties is very important, furthermore try to highlight the instability of the price with cogent reasons because some people will assume that it is a HYIP or ponzi scheme thus no go area for them, while it is important to practilize how to use bitcoin will further convince them.
November 18, 2018, 08:00:57 PM
A decentralized and secure payment system that enables a fast, cheap and reliable method of making payments regardless of geographical position and regulations. With a publicly viewable, yet immutable ledger that keep records of all transactions that run on its network.
November 18, 2018, 07:18:57 PM
Bitcoin is a decentralized currency that can be applied with a high degree of reliability in an untrusted environment, such as Internet. With the increasing popularity of this coin, no third-party forces can influence its course, and it will become a truly fair payment asset.
there are more than 4000 decentralised cryptocurrencies why should the world invest into the one that wastes 1% of the worlds electricity?
November 18, 2018, 07:09:27 PM
Bitcoin is a decentralized currency that can be applied with a high degree of reliability in an untrusted environment, such as Internet. With the increasing popularity of this coin, no third-party forces can influence its course, and it will become a truly fair payment asset.
November 14, 2018, 11:54:19 AM
In explaining bitcoin I always give a highlight about achieving in everyone's dreams and goals. I know that it might be weird my point of view but I think this is reality. I will do that because I know when they realized that bitcoin can helo them and serves as a bridge to make their dreams comes true they will be motivated to work and invest hard to bitcoin. I also give some highlight to the convenience benefits of bitcoin in terms of purchasing and even in terms of investing. But I think even you give a very informative explanation when the listener is not open minded this will be useless.
November 14, 2018, 01:04:46 AM
I think if you want to explain bitcoin to someone and you want to get him/her in the cryptocurrency industry the most attractive way is that you will tell that people that this might be the future of all currency and let him/her know that he can earn profit from this by just holding a share then explain how and why..
November 13, 2018, 11:02:01 PM
Fellows, I've been trying to find a good way to explain Bitcoin's functioning logic to people that are not familiarized with this technology, and I'd like to hear from you guys: if you had the task of explaining BTC to someone, what concepts would you highlight the most? 
One thing that makes it interesting to be accepted is about the price of bitcoin, a concept that is able to make a big concern for the laity. I think by explaining the usefulness and value of bitcoin it will be one thing that will be of interest to many people.
November 13, 2018, 08:46:13 PM
Fellows, I've been trying to find a good way to explain Bitcoin's functioning logic to people that are not familiarized with this technology, and I'd like to hear from you guys: if you had the task of explaining BTC to someone, what concepts would you highlight the most?
I was having the same problem too and what I did was gather some tutorials from youtube, Vimeo and Dailymotion and also did some "How to do it step by step videos" of my own with the help of my girlfriend and put them in a file which I send to noob people who are getting started in the Bitcoin world. I strongly recommend you do something like this since explaining over and over again it is exhausting and annoying plus you could forget important details
November 13, 2018, 08:25:15 PM
Cheaper and faster transaction: Suppose, you are trying to send money to someone abroad, then fees will be mere cents and money will be sent in few minutes, plus no legal hassle as well.
November 13, 2018, 07:17:35 PM
I’d highlight these bitcoin features:
-Bitcoin working under the blockchain technology, which is decentralized in nature.
-Compared to other virtualized transactions such as PayPal or credit card payments, Bitcoin comes with a lesser transaction fee
-Currently, hundreds of merchants accept Bitcoin payments. People are more familiar Bitcoin more than the other currencies.
-Privacy and anonymity
-Its scarcity makes it precious
-Bitcoin working under the blockchain technology, which is decentralized in nature.
-Compared to other virtualized transactions such as PayPal or credit card payments, Bitcoin comes with a lesser transaction fee
-Currently, hundreds of merchants accept Bitcoin payments. People are more familiar Bitcoin more than the other currencies.
-Privacy and anonymity
-Its scarcity makes it precious
November 13, 2018, 04:20:08 PM
I remembered how, a few years ago, my friend explained to me what bitcoin is, then I was most concerned about the question of what bitcoin gives me, I think that today it is very important for all newbies.
November 13, 2018, 04:13:26 PM
Most people are still confused by the 'decentralized' nature of bitcoin, so in order for them to be more curious, I'll just say that there isn't a central authority issuing bitcoins, unlike the money that they are using today. So, this would be what I'll tell them: Bitcoin is digital money, but unlike your 'real' money, no central authority issues it, just a group of people with the hardware capabilities to 'mint' new bitcoins by solving complex puzzles. They'd be more interested on the "no central authority" phrase rather than "decentralized" trust me.
This is a great way to explain bitcoin to anyone new to it or basically anyone who is not yet familiar with it. I'm going to use this! Thanks. 
November 13, 2018, 01:49:19 PM
When explaining bitcoin to someone who didnt previously know about it i always pointed out the fact that bitcoin users are in control of their own finances, no middleman needed when sending funds to someone else.
I always have to point out bitcoins security and how it has never been hacked.
I always have to point out bitcoins security and how it has never been hacked.
November 13, 2018, 01:17:12 PM
The most important features or characteristics that I have see and understand is decentraliziation! Bitcoin is decentralized and that makes me and you to become our own bank. Humanity has never had this type of technology before were I can pay for goods and services without a third party knowledge. This is the most beautiful thing that has happened in this generation.
Bitcoin through it decentralized nature also provide freedom as the governments has no control over our financial activities and systems and our financial destiny is not going to be controlled by governments laws but by mathematical laws and technology.
Bitcoin through it decentralized nature also provide freedom as the governments has no control over our financial activities and systems and our financial destiny is not going to be controlled by governments laws but by mathematical laws and technology.
November 13, 2018, 12:46:47 PM
Fellows, I've been trying to find a good way to explain Bitcoin's functioning logic to people that are not familiarized with this technology, and I'd like to hear from you guys: if you had the task of explaining BTC to someone, what concepts would you highlight the most?
I will highlight the fiat inflation compared to Bitcoin. I also emphasize the government and the banks that controls our transaction everytime we send or receive the money. I also tell them that your money is controlled by banks and not by them when they put their money in the bank. November 13, 2018, 11:38:37 AM
Explain that bitcoin is an online transaction tool, so everyone must be able to mine to get bitcoin so that it can be used for transactions via the internet. Nowadays internet technology has expanded and many people can get involved in the internet.
November 13, 2018, 11:29:07 AM
Candidly speaking mate, the very best explanation i can give when ask to explain Bitcoin thus will be:
Bitcoin is very cheap and efficient in transactions process.
Bitcoin be the mainstream manifestation of the Blockchain.
Methods of buy and sell of Bitcoin with ease on exchanges.
Bitcoin is very cheap and efficient in transactions process.
Bitcoin be the mainstream manifestation of the Blockchain.
Methods of buy and sell of Bitcoin with ease on exchanges.
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