Hey guys
I just heard about Bitcoin at the end of the last yer but since them I've become interested in Bitcoin. The fact that it has been growing so well and that there are daily conferences about Bitcoin around the world is fascinating to me.
I've been trying to introduce people to Bitcoin, but with no success. I normally show them websites that accept payments in Bitcoin, and I also show them coinmap.org, where they can see that there are about 3000 physical places in the world already accepting Bitcoin. At this point everything is going fine.
But then, I'm trying to think of an advantage of using Bitcoin over physical money, and I can't think of many. I tell them that opening a wallet is a lot easier than opening a bank account. But then I try to warn them that software wallets in the computer they use daily is a bad idea because of attacks from hackers, keyloggers and trojans, and that scares them and it also scares me a little bit to be honest.
Then, they ask me "How can I get Bitcoins?". And I'm not sure of what to say. A lot of people aren't very interested in economics or in investments, and some maybe are but at this point where a single Bitcoin can cost 800 USD it's very hard for a small investor to get into Bitcoins. I also mention that you can mine Bitcoins using your computer, but that it will cost them a lot of money to a get decent hardware to do that because CPUs and GPUs aren't great to mine Bitcoin anymore, and let's not forget the electricity costs.
So, I can't really convince anyone. The only thing that I can say about Bitcoin is that you can open a wallet in under 20 minutes and that's it.
Do you have any ideas?
Thanks.