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Author Topic: How do you explain Bitcoin or crypto to complete newcomer  (Read 3248 times)
franco123
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August 09, 2017, 09:43:11 AM
 #21

The way that I will explain to a completely newcomer about Bitcoin or cryptocurrency is by describing it using the term "Digital Currency". With that, I will further explain how this Digital Currency works. That it is being used for transaction just like a regular currency and has its own rates when it is being converted into cash or currency for an individual's specific country.

When he or she will get the idea of it, then it will be easy to further explain on how Bitcoin can be earned in different ways like joining signature campaigns or use Bitcoin as kind of a investment instrument.
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August 09, 2017, 01:07:36 PM
 #22

So I've been involved in Bitcoin and crypto for about 5 months now and just about everyone I tell about it being friends and family most have never heard of it or the few that have they have no understanding of it so I was just curious into how others explain it all to total newcomers is their a webpage or video you may show for an easy understanding to explain it all ? Whenever I give my explanation it seems to go way over their head  Roll Eyes Cheers
You can try showing them some graphical diagrams or graphical videos about the increment in the price for bitcoins. You can also show them some predictions about the price of bitcoin heading at least a minimum of 4000$. It will definitely attract users.

If you don't find this useful, find a good way but always try to attract as many as possible newbies to the bitcoin and crypto field.
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August 09, 2017, 02:26:48 PM
 #23

For me I ask them if they already know cryptocurrencies if not then I have to teach or tell them a short tale of how do I know bitcoin and how do I earning from bitcoin so that I got there attention and they are eager to listen. I give them bitcoin links, presentation and specially I show them my earnings. To be honest I'm not really very good on talking and convincing people but I already have some recruit of my friends to have bitcoin just what I did now. Wink

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August 09, 2017, 02:57:18 PM
 #24

So I've been involved in Bitcoin and crypto for about 5 months now and just about everyone I tell about it being friends and family most have never heard of it or the few that have they have no understanding of it so I was just curious into how others explain it all to total newcomers is their a webpage or video you may show for an easy understanding to explain it all ? Whenever I give my explanation it seems to go way over their head  Roll Eyes Cheers
When I showed my friends about bitcoin, it was like teaching them to start learning words again. They are a little bit difficult to get started because the bitcoin concept is not easy to understand for those with inexperienced backgrounds.

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August 09, 2017, 03:07:14 PM
 #25

So I've been involved in Bitcoin and crypto for about 5 months now and just about everyone I tell about it being friends and family most have never heard of it or the few that have they have no understanding of it so I was just curious into how others explain it all to total newcomers is their a webpage or video you may show for an easy understanding to explain it all ? Whenever I give my explanation it seems to go way over their head  Roll Eyes Cheers

first you need to be patient when teaching because not all people will easily understand bitcoin. If you want to teach them do it hands on if they were near you. Like we can buy some merchandise in online and by paying up your utility bills for transaction. tell the what is the use of bitcoin

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August 09, 2017, 03:10:04 PM
 #26

We all start from basics don't we? I prefer explaining it in a way everybody we'll be able to understand the fundamentals of wher bitcoin originate, when it started, how it was founded and then I'll start to explain briefly what is bitcoin. Bitcoin is not hard to explain to average people because its just another form of currency which the main difference to any other currencies is it is in the form of digital. Since the millenial generation is greatly involved in the technology industry, I probably doubt it that someone would be troubled explaining what is bitcoin to them. Smiley
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August 09, 2017, 03:13:40 PM
 #27

So I've been involved in Bitcoin and crypto for about 5 months now and just about everyone I tell about it being friends and family most have never heard of it or the few that have they have no understanding of it so I was just curious into how others explain it all to total newcomers is their a webpage or video you may show for an easy understanding to explain it all ? Whenever I give my explanation it seems to go way over their head  Roll Eyes Cheers
I recently sent this to a newbie.... I like it as its from a science channel and has had over 800K hits so those two things should help instill confidence in someone approaching this for the first time:
https://www.youtube.com/watch?v=kubGCSj5y3k&feature=youtu.be
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August 09, 2017, 03:15:23 PM
 #28

I might make Paypal as an example then upgrade it with bitcoin explanation.
I do think Paypal for them is the most understandable to be as an example since it is just USD input online.
Just stretch everything after that then maybe you could somehow make him or her understand it.
Next would be videos and focus on bitcoin first before trying to explain other crypto currencies or it would just be a waste.

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August 09, 2017, 05:52:44 PM
 #29

There are a lot of youtube videos on  Bitcoin and many of them explain Bitcoin nicely, i try to explain more about technology and the blockchain and how to understand whitepaper.
Understanding whitepapers is important. And also youtube videos will help but be aware of scam videos. Youtube has many scam videos and no doubt some are a good source of information about bitcoins but the remaining videos force me to avoid using youtube as a reference.

You can also introduce many people here to this forum. This forum also provides all possible information about all cryptocurrency including bitcoins.
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August 09, 2017, 05:57:55 PM
 #30

So I've been involved in Bitcoin and crypto for about 5 months now and just about everyone I tell about it being friends and family most have never heard of it or the few that have they have no understanding of it so I was just curious into how others explain it all to total newcomers is their a webpage or video you may show for an easy understanding to explain it all ? Whenever I give my explanation it seems to go way over their head  Roll Eyes Cheers

5 months, this is not a long time for you to understand everything about bitcoin, you need more time. Me too, I got to know Bitcoin about 8 months ago, and now it's giving me lots of chances to get rich, but I have not got it yet.
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August 09, 2017, 05:58:20 PM
 #31

Exactly,most people still do not know about bitcoin and have never heard about it.
When i meet someone quite strange,i keep telling about its feature like anonymity, ease, value and volatility.  It makes them feel happy learning such portable appropriate curren y

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August 09, 2017, 05:58:43 PM
 #32

There are a lot of youtube videos on  Bitcoin and many of them explain Bitcoin nicely, i try to explain more about technology and the blockchain and how to understand whitepaper.
Understanding whitepapers is important. And also youtube videos will help but be aware of scam videos. Youtube has many scam videos and no doubt some are a good source of information about bitcoins but the remaining videos force me to avoid using youtube as a reference.

You can also introduce many people here to this forum. This forum also provides all possible information about all cryptocurrency including bitcoins.
I will prefer this forum is the best place to learn about any crypto currency. Yes in youtube many scam videos are there, and they will easily scam newcomers. But the thing is how the newcomers will find which video is legit and which is not. So this forum will explain them in detail what is Bitcoins and how it works in the real world and other things about Bitcoin.  
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August 09, 2017, 06:27:48 PM
 #33

Exactly,most people still do not know about bitcoin and have never heard about it.
When i meet someone quite strange,i keep telling about its feature like anonymity, ease, value and volatility.  It makes them feel happy learning such portable appropriate curren y

So you just suddenly lecture to a stranger about bitcoins? Like come up to a guy at a bar out of the blue and teach him about bitcoins? That would be creepy as hell dude.

If I would want to spread the word about bitcoins then I would just write about it in blogs or other written ways. This is an easier way to distribute the knowledge faster. Also sharing it on social media is a good approach to spreading the word.
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August 09, 2017, 09:32:25 PM
 #34

just say to them that bitcoin is a kind of money which keep on increasing and we can put it in online banks. and if we want money we can easily get into banks by transaction.

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August 11, 2017, 04:01:44 AM
 #35

The thing about bitcoin and cryptocurencies is that they are easy to understand, so explainng the basic thing for someone who never knew what they are is a pretty strate forward thing, just to give them a general idea and to get them started on it, and the rest they will learn over time as theu progress through it, just like we did.
Yes, but understanding the cryptocurrency field is not as easy. It has many ups and downs and can also give huge looses if not proper strategy used. Many new people will think that it may be scam, etc so trying to show them some whitepapers and some legal announcements will help them to start trusting bitcoins.

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ubitcoin
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August 12, 2017, 09:08:11 PM
 #36

For me I ask them if they already know cryptocurrencies if not then I have to teach or tell them a short tale of how do I know bitcoin and how do I earning from bitcoin so that I got there attention and they are eager to listen. I give them bitcoin links, presentation and specially I show them my earnings. To be honest I'm not really very good on talking and convincing people but I already have some recruit of my friends to have bitcoin just what I did now. Wink
This is a clever and effective way to introduce bitcoins to newcomers. Firstly, you must make the idea of digital currencies clear in their minds and then what bitcoins are. At last, tell them about how BTC is ruling the crypto currency world and all of its cool features like high level security and huge profits due to its increasing value. To keep them in business, give them temptation of luxurious life. Simple and efficient tactics to persuade people!
SirLancelot
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August 16, 2017, 06:40:34 AM
 #37

The thing about bitcoin and cryptocurencies is that they are easy to understand, so explainng the basic thing for someone who never knew what they are is a pretty strate forward thing, just to give them a general idea and to get them started on it, and the rest they will learn over time as theu progress through it, just like we did.
To explain it, I think you should just say the basics. You can just go straight and say “Bitcoin is a digital currency, with a greater value. It can be used for peer to peer transactions.”
After that, you can go ahead to add other things of interest, like telling them it can used as long investment, shopping and a lot more. Anything you can come up with to convince them.
shakeeup
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August 16, 2017, 01:16:30 PM
 #38

In my case as newbie, when I started asking about bitcoin to my friends who are already in this business before me, they just give some links where I can learn about it. And also in this forum, they encourage me to read some essential guidelines in order to familiarized myself. Just read and suddenly you will learn everything without noticing it to yourself.
yurekaa
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August 16, 2017, 01:29:15 PM
 #39

explain in easy statement, try with bitcointalk first, cause in this step they can earn bitcoin easily.
explain bitcoin is money virtual, and you can show how to earn from other way.

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iqlimasyadiqa
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August 16, 2017, 01:32:17 PM
 #40

So I've been involved in Bitcoin and crypto for about 5 months now and just about everyone I tell about it being friends and family most have never heard of it or the few that have they have no understanding of it so I was just curious into how others explain it all to total newcomers is their a webpage or video you may show for an easy understanding to explain it all ? Whenever I give my explanation it seems to go way over their head  Roll Eyes Cheers
A new person will never try when he does not try it himself. Believe that when there is a will then we can easily understand a new thing, including bitcoin. So if only explanation but no will then it will not produce anything.
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