when you try to explain people about cryptocurrency do they understand?

[cellard]

They tend to be curious at first but when i try to explain to them its nature, they tend to be more skeptical about it. Well i cant blame, because i myself find it hard to understand what bitcoin is at first. I think its human nature to be skeptical to things they cant see and comprehend.

Them main problem is to explain to them how bitcoin requires no central bank and no central authority to be issued, and it's not backed by any government. If it lacks these "features", then for them the only way to explain it is by calling it a speculative bubble. It's like they cannot fathom the idea of creating value that doesn't require governmental approval. Very sad sheep mentality. These people can't be saved. There's a reason we the pioneers that will get rich and they aren't, don't waste your time trying to evangelize bitcoin around and mind your own business.

[1714253395]

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[1714253395]

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[Eureka_07]

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?

Same with your experience. It took me days or months to explain cryptocurrency to them for them to fully understand what is the concept and objective of this. I'm thankful that they have this curiosity inside that makes the topic easier for them to understand it more clearly. Before discussing the income, I chose first  to explain the concepts of these markets and why most of the people who join here value these things that much. So, all the explanations I have done becomes worth it because they understand the concept deeply and they became interested in this.

[kotajikikox]

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?

hard to explained bitcoin to people about the crypotcurrency as first decentralized digital currency using the new era of technology explaining without proof people saying how I believe for that currency always ask the prove before people interested about the crypto, especially the philosophy people  is hard to convince them but if he/she fully understand with showing the proof about the importance of bitcoin they become interested to learn how to get earning and to invest, even my family are not believe about bitcoin until I get the earning and I show them my portfolio befoere I convince them about bitcoin currency.

[vegethegreat]

No, because in my country crypto is not yet popular. So only few knows about it, skeptical and afraid to take risk.They wanted to know first the fundamentals of how they operate, how money is distributed and ‘created’, and how the units of account are stored.

[dynospytan]

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?

Yes you're right. When I introduced bitcoin to my classmates at first there were many questions so I told them to visit this forum site so they can learn more and I advice them to create an account and if they reach the jr member I will teach them on how to earn. I chose this forum because just by reading you can learn something. So far ther are near to become a jr member and they are now quitely knowledgable about bitcoins.

[kancutbrewok]

I am beginner I also do not know what is cryptocurrency, I also want to know ..

[poplolnman]

They mostly struggle with the technical details. How is it generated... Why can nobody hack it.... How does the mining work,

and things like that. They can also not understand that third parties are not needed to make it work. The most common type

of questions is.... Where can I get it and is it legal? Once you explain and give answers to these questions, they are hooked.

yeah that's the hardest part to explain , you need to have a lot of time to elaborate clearly about it. and of course step by step with well explanation and easy words. keep telling them that you would never completely understand about bitcoin when you didn't get started asap. go get your first bitcoin and feel everything and as time goes by you'll understand the miracle of bitcoin.

[migolmigol]

They mostly struggle with the technical details. How is it generated... Why can nobody hack it.... How does the mining work,

and things like that. They can also not understand that third parties are not needed to make it work. The most common type

of questions is.... Where can I get it and is it legal? Once you explain and give answers to these questions, they are hooked.

yeah that's the hardest part to explain , you need to have a lot of time to elaborate clearly about it. and of course step by step with well explanation and easy words. keep telling them that you would never completely understand about bitcoin when you didn't get started asap. go get your first bitcoin and feel everything and as time goes by you'll understand the miracle of bitcoin.

Yup. But to be honest it is easy to explain the basic concept. Which is Bitcoin is like a digital currency and can not be regulated or monitored by any system, not even the government. And as they said, technical stuff are hard to explain. This is because they do not experience it. It is hard for them to picture on mining through technology or things like that unless they try and experience it. Experiencing it and getting into Bitcoins is the best way for people to understand.

[White Christmas]

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?

Yes at first they dont believe in me they think that im just joking, some of them says that it was just scam, but when I show to them my bitcoin it changes everything. They become interested on it and that was the time that I fully explained to them what bitcoin is until they understand it. And the evidence that they understand it was they are now users of it and like me they are now earning money here.

[nofuture]

haha. me too. I have spent 2 hours to explain about cryptocurrency to my brother. It's so tired. Then, when someone asked me about Bitcoin, I just said that:"Google, plz" lol.

[Pinkris128]

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?

Some friends are askin me about cryptocurrencies. I explain this to them by giving examples from fiat currencies. Creating similarity between fiat currencies and cryptocurrencies is a good technic to explain bitcoin and others to them.

Yes, I already did it to my friends also. At first they become curious when I said some of my knowledge about cryptocurrency and they have lot of questions about so me I contine to explain it so that I can light up their mind about if. Before I explaining what cryptocurrency is, I show some of it from ky wallet to make them believe on me and Im not failed because they clearly understand all what i say to them about cryptocurrency.

[speem28]

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?

It really depends on the people you are explaining to, but for my case, since the people who I tried explaining what cryptocurrencies are, are really interested because they are the same people whom I taught bitcoin too so they are very eager to learn more about the crypto world. So when I tried to explain it to them, they understand it immediately even though they have lots of questions relating to digital currency.

[AverageGlabella]

Almost everyone I have spoken to about Bitcoin that doesn't have any prior knowledge of it almost always writes it off within the first sentence.

[Mikasa77]

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?

It also took me some time to explain and let them fully understand the things about cryptocurrency. There are different cases I've encountered when I'm explaining the concepts about the topic. Most of the people I'm talking with becomes interested on the benefits the cryptocurrency may offer to him but I also explain that in order to get those benefits he should be determined, industrious and an optimistic person for him not to be stressed if he encountered failure.

[CherryICO]

They understand only basics, but noone understood how blockchain works, they just accepted the fact it's possible)

[salad daging]

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?

I also briefly explained Bitcoin's understanding to some people, and few believed in Bitcoin and the many rejections that occurred when I explained about Bitcoin, and some even considered it negative about me. With experience from now on, I'd rather keep quiet than continue explaining to everyone but getting negative feedback.

[Seskjaler]

Well, it really depends on how much time you have and how deep you want to go. The most common misconception is that Bitcoin, Blockchain, Crypto, Altcoin all mean "Bitcoin"
That drives me nuts 

[dancingnancy]

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?

It depends on the person. I explain to my friends about cryptocurrencies through examples and show them my personal earnings for them to believe in it. Make them realise the potential of bitcoin. Don't use a lot of technical terms as they will get confused and lose interest.

[Kronos21]

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?

It depends on the person. I explain to my friends about cryptocurrencies through examples and show them my personal earnings for them to believe in it. Make them realise the potential of bitcoin. Don't use a lot of technical terms as they will get confused and lose interest.

Well you explained and what's next? I want to tell you his reaction when you showed him that one day you earned a few hundred dollars. His reaction is to quickly withdraw. They don't understand that if they leave then you can earn more. They don't believe in bitcoin so they have no reason to leave money in bitcoins. In order to become part of the bitcoin community needs to accept the ideology of cryptocurrency.

[joebrook]

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?

It depends on the person. I explain to my friends about cryptocurrencies through examples and show them my personal earnings for them to believe in it. Make them realise the potential of bitcoin. Don't use a lot of technical terms as they will get confused and lose interest.

I don't think that's the case in most scenarios because people are still critical about bitcoin, with the banking community they are extremely critical of bitcoins just because theny stand to lose lots of profits if most of the world decides to engage in saving cryptocurrencies rather thanks banks