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Author Topic: Is it a waste of time mentioning Bitcoin to friends and family?  (Read 14424 times)
AtheistAKASaneBrain
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December 06, 2015, 03:18:36 PM
 #301

There is a problem we encounter when talking with people about Bitcoin, it's that currency still need to be converted into fiat in order to use it and make deals in the most famous marketplaces

This is indeed one of the main reasons the average person is not willing to get on Bitcoin, they think it's a waste of time if they have to convert to their local currency (and of money since there are fees to do so). Like some pointed, being paid in BTC is a crucial step in everyday type of usage.
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December 06, 2015, 03:40:49 PM
 #302

I will briefly tell you about my experience in encouraging friends and relatives to use Bitcoins. Till now, I might have talked to some 50 people regarding Bitcoins. 5 or 6 took it seriously, and started collecting them. But later, some of them got bored, and dumped their coins and moved on. One or two are sill holding BTCs.

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December 06, 2015, 03:53:32 PM
 #303

Don't know if it's a waste of time or not.  My parents both know about bitcoin but neither of them own any or want to own any, and they knew of it from news reports.  I have mentioned it to some friends, but I don't pester them to buy or otherwise proselytize the benefits of owning bitcoin.  Why would anyone bother doing that?  Most of the time I can't figure out any true advantages to owning myself other than capital gains.

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December 06, 2015, 05:14:50 PM
 #304

Don't know if it's a waste of time or not.  My parents both know about bitcoin but neither of them own any or want to own any, and they knew of it from news reports.  I have mentioned it to some friends, but I don't pester them to buy or otherwise proselytize the benefits of owning bitcoin.  Why would anyone bother doing that?  Most of the time I can't figure out any true advantages to owning myself other than capital gains.

Yeah the thing is people that would benefit the most from Bitcoin aren't the average joe living in a suburban first world place because most people don't need any changes in how the way money works. But people that are entrepeneurs and want to start receiving payments easy and fast, or people that are overseas sending money, or people in places like Argentina.. but those aren't the people most of us have for friends. I think the importnace of Bitcoin will not be clear to most people in developed world until fiat starts to collapse real bad.

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December 06, 2015, 10:55:33 PM
 #305

There is a problem we encounter when talking with people about Bitcoin, it's that currency still need to be converted into fiat in order to use it and make deals in the most famous marketplaces
we are still having trouble, to use bitcoin directly, buy goods with bitcoin is still very taboo, this makes people less interested


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December 06, 2015, 11:03:00 PM
 #306

Today was a good time when i explained a bit about bitcoin to my relatives, because the price is increasing they are interesting to invest a little bit so i think it's not a waste of time.

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December 06, 2015, 11:06:52 PM
 #307

Today was a good time when i explained a bit about bitcoin to my relatives, because the price is increasing they are interesting to invest a little bit so i think it's not a waste of time.

This is pretty much it, most people becoming interested when there is a general increase in price, not the perfect kind of attention, but it's still positive.
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December 06, 2015, 11:07:21 PM
 #308

Personally, I dont think it's a good time for non-tech people to be introduced. Most if not all mining has gone the way of asics and gpu's, meaning the only feasible option for obtaining bitcoin is too buy straight up. For some this buy-in wall can be daunting.

As for altcoins, (although not in the scope of the OP, also worth mentioning here) there is far too much instability in pricing (and devs) too be a good long term buy, and as for mining, again asic and gpu.

No matter how you choose to enter the bitcoin world, there seems to be quite a stiff buy-in now, with a constant arms-race for miners. Also, for those gullible (read GREEDY lol) few like myself, there's soooooo many opportunities to be scammed out of you hard earned coin/dollars. (eg. XPY, GARZA, Coin Doublers, etc.)

IMHO the nicest and safest thing to do (for your friends and family), is to keep them far away from the BTC/ALT world for now.

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December 06, 2015, 11:09:34 PM
 #309

It's never a waste of time.  You can even learn something sometimes from someones fresh perspective, whether you agree with it or not.  
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December 06, 2015, 11:09:47 PM
 #310

Personally, I dont think it's a good time for non-tech people to be introduced. Most if not all mining has gone the way of asics and gpu's, meaning the only feasible option for obtaining bitcoin is too buy straight up. For some this buy-in wall can be daunting.

Buying is not the only way. Newbies can become signature campaign members, run a website with bitcoin advertising, offer services, trade bitcoins or sell goods. There are quite many options and the bitcoin economy will likely expand.

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December 06, 2015, 11:12:30 PM
 #311

Today was a good time when i explained a bit about bitcoin to my relatives, because the price is increasing they are interesting to invest a little bit so i think it's not a waste of time.

This is pretty much it, most people becoming interested when there is a general increase in price, not the perfect kind of attention, but it's still positive.

Everyone would be interested when something goes up, but i know that they will hate me when the price goes down like the last few weeks but they should understand that investing has always are % of risk.

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December 06, 2015, 11:56:26 PM
 #312

There is a problem we encounter when talking with people about Bitcoin, it's that currency still need to be converted into fiat in order to use it and make deals in the most famous marketplaces

true, traditional people think like.... technology is a complicated thing that they won't do, so bitcoin too people think they will get trouble to use bitcoin.
it's hard to use because it's hard to understand too.
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December 07, 2015, 12:56:43 AM
 #313

Many people think that Bitcoin is just an "virtual" currency and can't be real money
That's why we need more advertising Bitcoin
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December 07, 2015, 01:00:06 AM
 #314

It`s important to bring it to People.. Yes, but you should know how. Maybe you just know some Parts and therefore you should just explain it in your owm words and very short.
So perhaps i might think your friends and family will get it and also know what the bitcoin is  Roll Eyes Also, of course there gonne be People they never gone check it Cheesy like the grandmother maybe Wink

But anyways - Its great you guys think about how to tell somebodyhow you do it for what Wink
tell over your experiences guys.

regards
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December 07, 2015, 08:59:29 AM
 #315

Many people think that Bitcoin is just an "virtual" currency and can't be real money
That's why we need more advertising Bitcoin

my father still refer to bitcoin as a fake money, i've explained to him that the real fake money are those printed out of thin air, but he is helpless

he only see it as a good way for speculation
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December 07, 2015, 09:05:33 AM
 #316

you must the character of the person who would you introduce bitcoin, if your friend is a person who is interested in the online world,
I am sure he would be interested in the technology bitcoin, and i succes invited my friend to use and learning about bitcoin.

and this is not waste of my time

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December 07, 2015, 10:56:13 AM
 #317

Many people think that Bitcoin is just an "virtual" currency and can't be real money
That's why we need more advertising Bitcoin

my father still refer to bitcoin as a fake money, i've explained to him that the real fake money are those printed out of thin air, but he is helpless

he only see it as a good way for speculation

This is normal, most of the older people are still dismissing Internet. My mother still thinks that the Internet is nothing but a bunch of crazy, imaginary people! Smiley

It's normal that older generations never embrace some never technologies!
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December 07, 2015, 11:09:29 AM
 #318

Many people think that Bitcoin is just an "virtual" currency and can't be real money
That's why we need more advertising Bitcoin

my father still refer to bitcoin as a fake money, i've explained to him that the real fake money are those printed out of thin air, but he is helpless

he only see it as a good way for speculation

This is normal, most of the older people are still dismissing Internet. My mother still thinks that the Internet is nothing but a bunch of crazy, imaginary people! Smiley

It's normal that older generations never embrace some never technologies!

Yes indeed, I've mentioned bitcoin a couple of times to my mom and now she wants to know more about it. She asks questions on how it works what the concept is etc. She's also interested in how the government looks at it.

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December 07, 2015, 11:40:01 AM
 #319

 do not think so, i think it may fascinate some but confuse other, but overall it is good to plant the seed in people mind about bitcoin Smiley it may lead to good things
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December 07, 2015, 11:53:45 AM
 #320

Many people think that Bitcoin is just an "virtual" currency and can't be real money
That's why we need more advertising Bitcoin

my father still refer to bitcoin as a fake money, i've explained to him that the real fake money are those printed out of thin air, but he is helpless

he only see it as a good way for speculation

It will take several decades for bitcoin to enter main stream. In the meanwhile, we have to work hard to promote it. No promotion, no adoption.

also the vast majority of btc user (even btc talk members) adopt bitcoin for speculation, "fast way to become rich".
But there are some other aspect that are distinct by it's value, take for example blockchain technology... well before talk about the "value" in dollars, it could be better start to talk about the advantage like low fees to send money, no government issues/stopping, and so on...
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