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Author Topic: when you try to explain people about cryptocurrency do they understand?  (Read 3547 times)
CoinstarF
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May 06, 2018, 05:07:31 AM
 #421

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Not really, and most of them don't believe in me, but its ok atleast i give them opportunity to know bitcoin, I play my part as their friends to tell them what i know so its on their hand if they want to study and learn about bitcoin on this forum.

At first attempt of explaining they don't understand about digital money and I am jumping about new technology they gradually adopt  bitcoin now adays mostly    community using computers and gadgets and so as digital   curriencies.
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May 06, 2018, 05:11:18 AM
 #422

some of them yes, they are understand! especially about blockchain technology itself.. they really like the concept behind it and they even think how to use it in the business.. 
as for digital money the concept is ok for them, but they do not  understood about origins of value of the coins..  they understand they the coins are finite, for example bitcoin, and there are some expenses to mine it.. but why it cost so high... they do not understand.
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May 06, 2018, 05:18:57 AM
 #423

Some people especially the old folks seems to get a slow uptake to cryptocurrency, they don't understand at first maybe because of their technological incompetence. The younger generations seems fast to take in cryptocurrency because they tend to know it because of social media and done some researching for themselves. It's a matter of time for someone to understand cryptocurrency depending to what they have been exposed to.
Dark_raven007
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May 06, 2018, 05:27:18 AM
 #424

I talk about crypto currency to those people who are interested in it. I do not involve anyone in this, I do not impose. I do not spend my time on them.
baho11
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May 06, 2018, 05:30:56 AM
 #425

When I try to explain the people about cryptocurrencies their first reaction was a scam and illegal .As I continue to explain them they understand and interested about the crypto .
.
Maikl
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May 06, 2018, 05:32:48 AM
 #426

Many friends asked me, looking at how my life has changed! I usually explain in brief what it is, and give a link to this forum with the words - they have all the answers to your questions, it will be interesting to read!
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May 06, 2018, 05:38:09 AM
 #427

It depends on how easy and simple you introduce them to bitcoins as if they have never heard about bitcoins then you need to keep things simple and show them the basic things about bitcoins.
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May 06, 2018, 05:49:26 AM
 #428

It depends on the people you talk to, if they are open minded, into technology-internet, age and profession, sometimes those who are old and into profession they hardly understand no matter how hard you explain they just can't accept that this is now the norms...others are skeptic about it and still others are too young but can somehow learn in just a matter of time.

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