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Author Topic: I hear change coming...  (Read 2920 times)
coinpharmer (OP)
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March 22, 2014, 11:07:14 PM
 #21

How the hell do you have time to explain Bitcoin to technically illiterate people?  It takes about an hour just to get to the point that the person replies, "I have no idea what you're talking about".  The simplest method I could come up with was saying, "It's like internet file sharing except instead of everyone having the same movie file, everyone has the same distributed accounting ledger".

Some people are just natural teachers/leaders. It takes practice, good public speaking skills, and the ability to assess and properly scale the level of detail in your description. It takes practice...

You can't just parrot the same description to every person. You need to be able to communicate with the person while you explain...

It's not hard to explain Bitcoin. Bitcoin is simple, it's a highly secured network of millions of people who use the network to transfer wealth without the oversight, costs, limits, controls, or permissions of a bank. Bitcoin is cheap, fast, secure, and it's decentralized.

When people don't understand Bitcoin you could compare it at the most basic level to the internet of money.

Sorry, but that's a bs post.  

Doesn't matter if you're Richard Feynman, most people will not understand the subject matter and just have to take your word for it on whether it's a secure/legit system or not.

This is not the same thing as actually getting someone to understand it that has no idea about technology.  It's basically an impossible task.  Most people don't know how paper money works either, and don't care, so it's the same difference.

Ive explained bitcoin to many people who dont use computers or smartphones but they could understand the idea of encrypted and secure money  called bitcoin that can be split into 100,000,000 things called satoshis, that is impossible to duplicate and can be sent anywhere in the world in a moment. you dont need to be "smart" to see "smart" people will use it and that it has value. many people have asked me, " so it sounds like digital gold?" and I smile saying to them "yes, actually thats exactly what the goal was and what many people think of it as." then you simply explain to them its a free program out of the control of any CEO or government that they can use without fees, and the average blue collar person is already on board.

maybe Im just good at talking about it, and maybe its that I speak with dozens of new people every week because thats just the sort of life I live.
Id say if you cant explain something to someone it has less to do with their ability to understand, and more to do with a individuals ability to articulate a thought.
predic
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March 23, 2014, 04:44:55 PM
 #22

I don't see why small store owners would need coinbase to accept bitcoins from people, they can use local exchangers or any other option. they could even avoid taxes  Grin

debit cards websites are companies registered in London by Lithuanians who demand from you your phone, ID and utility bill, that's enough for them to make offshore companies on your name without your knowledge and they can get a bank account and make financial crimes on your name, or they can simply sell IDs. don't give to anyone too much info.
why they need more than your ID when your local bank demands only ID?
don't use coinbase, they are NSA spying shit, they make database of people that use bitcoins.
jbreher
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March 23, 2014, 05:40:18 PM
 #23

I don't see why small store owners would need coinbase to accept bitcoins from people, they can use local exchangers or any other option. they could even avoid taxes  Grin

In general, businesses that do not keep a narrow focus upon their core value proposition tend to fail. To personally manage the mechanics of money exchange would dilute their focus upon this core value - i.e. actually running the store.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
ryanmnercer
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March 23, 2014, 06:29:56 PM
 #24

The proliferation of Bitcoin ATMs is what will drive adoption on a local level.  Bitcoin accepting businesses tend to "pop up" around these ATMs.

I never actually thought of this until you said it. I agree that more business will accept btc in close approximation to the atms

It's true too, an ATM goes up and local business start accepting it pretty fast. Blah thing is, here in the U.S., too many hoops to jump through & paperwork involved with owning/operating one.

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