How Would You Explain Bitcoin to a Newbie?

[Nakamotish]

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

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[Jerzzz]

say what you experience before you are a newbie  in then i look some campaign free to join the newbie and I make a new thread to help what my first step to join signature campaign. i want to be a wide reader this forum.

[HeRetiK]

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?

[Nakamotish]

say what you experience before you are a newbie  in then i look some campaign free to join the newbie and I make a new thread to help what my first step to join signature campaign. i want to be a wide reader this forum.

I was not able to join the bitcoin buzz for a long time, because i could not understand how it works.
How can you make a bigginer easily understand bitcoin?

[setifien19]

Simply tell'em it's a 6000 $ per unit   he will run from starting statue​ to pro one ... Just tell him it's a virtual money that doesn't exist physically​ , it's a new tech allowing people to send money online in a decentralised way ; in such case there's no need for 3rd part

[AGD]

I would tell him to watch this video:

Bitcoin 101 - Quindecillions & The Amazing Math Of Bitcoin's Private Keys
https://www.youtube.com/watch?v=ZloHVKk7DHk&t

[Emoclaw]

I'd tell them that Bitcoin is a trustless, transparent, peer-to-peer decentralized digital currency. But that depends on how technologically literate the person is generally. I wouldn't say that to an older person who might not be as familiar with technology as younger people.
I would then direct them to this page: https://bitcoin.org/en/faq & this forum.
And tell them to Google any additional questions they have.

[beatleap]

I would tell them to read satoshi whitepaper themselves thats the only way they will be able to understand it and they can revisit it when they don't understand anything.

[Mikasa77]

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

I can explain to a newbie how bitcoin works in a very simple to complex way. Ofcourse,  they are just a beginner so they wouldn't understand the deep side of bitcoin. I will first let them to become interested about bitcoin by telling them my own experience, hard work, dedication I've spent to earn money and knowledge here. After that, if I've already seen the curiousty in their eyes,  then I will them to them what are the ways to access it and also I will give them some beginners tips  so that they would not experience too much difficulty in joining bitcoin.

[Xzhyte]

say what you experience before you are a newbie  in then i look some campaign free to join the newbie and I make a new thread to help what my first step to join signature campaign. i want to be a wide reader this forum.

That's right. I actually just watched some youtube videos and some googled information. That's where I found out about this forum. Then almost everything I know about bitcoins right now was from this forum.

[Terry05]

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

I will used the internet to explain to him/her what is bitcoin and usage of bitcoin in every day life. then if he/she already have an idea, I will teach him how to earn and invest in bitcoin to gain profit.

[buwaytress]

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?

That's a lot like the version I tell them too! I actually just say it's just like a currency, it's digital and it doesn't need you to trust a bank or service to make sure you can send and receive it. Let's face it: this is how most of us first learnt about Bitcoin... the trustless, decentralised P2P nature came in next and that got us hooked.

It's way too early to show people technically complex videos and guides. I recall that experiment in 2014 when MIT students were given Bitcoin. More than half immediately converted it to cash, and only a handful of the rest went on to learn and understand Bitcoin properly. It's not as easily understood by the majority of people.

[Tamim121]

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

Bitcoin is the digital currency. It's very useful and helpful. You can get money by this.

[Nakamotish]

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?

Thank you, not shallow. But do I really need bitcoin if I work and get paid cash and I keep my money in my house, take the little I want to use when I want to.
Or is Bitcoin for rich people who have a lot of money. Must everyone use bitcoin?

[killerfrost]

I think I should introduce them to this forum, maybe they will learn a lot about Bitcoin. In addition, they will change their outlook on virtual currencies. In addition, you can explain them by giving them the definition, development and value of Bitcoin at the present time.

[Hawkers7]

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

We just need to accept the fact the some of the people don't know bitcoin yet. Some of them know and become interested of it but do not know how to start bitcoin. In order for you to explain the concept of bitcoin in a simplest way to them is to ask them first what is their knowledge about bitcoin. It could be your starting point and that is knowing where you coukd start explaining to them about the concept of bitcoin. After knowing how far their knowledge is, start explaining and correcting the false ideas they have said. And then tell them to get access unto it and how they can earn due to their hardwork and determination.

[kakoli akter jhumu]

As far as i have learned about bitcoin as a beginner......it's a virtual currency  and my easiest way to make someone understand is to tell him/her that it's a digital money system to send and receive money from unknown people.

[Dilladupak]

my friends are many who understand this forum, but with them still can not figure out how it works to get.  and they know that I have studied the science or the result of bitcoin so they need help for me, with the little time I use to encourage them, by reading in this forum they finally understand a lot now,


with them making a little investment in trading for the right way of generating a lot of results  and even every day, eventually many of my friends to date have many successes.

[HeRetiK]

"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?

Thank you, not shallow. But do I really need bitcoin if I work and get paid cash and I keep my money in my house, take the little I want to use when I want to.
Or is Bitcoin for rich people who have a lot of money. Must everyone use bitcoin?

I'm not sure I understand your question. What do you want to do? Get paid online? Use Bitcoin to buy stuff? Use Bitcoin to store money? Use Bitcoin as an investment?

There are a lot of use cases for Bitcoin, some for which Bitcoin more viable than others. You don't have to be rich for any of those, however.

[Nakamotish]

"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?

Thank you, not shallow. But do I really need bitcoin if I work and get paid cash and I keep my money in my house, take the little I want to use when I want to.
Or is Bitcoin for rich people who have a lot of money. Must everyone use bitcoin?

I'm not sure I understand your question. What do you want to do? Get paid online? Use Bitcoin to buy stuff? Use Bitcoin to store money? Use Bitcoin as an investment?

There are a lot of use cases for Bitcoin, some for which Bitcoin more viable than others. You don't have to be rich for any of those, however.

Thank you, I can see you are a hero member here, you have done very well for yourself. I want to make money with bitcoin, please do you have some tips to share?