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Author Topic: Easy way to explain and teach Bitcoin  (Read 3407 times)
centralbanksequalsbombs (OP)
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November 04, 2017, 06:22:19 PM
Last edit: November 15, 2017, 04:48:48 AM by centralbanksequalsbombs
 #1

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

Vannie12
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November 05, 2017, 12:08:31 AM
 #2

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
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November 05, 2017, 02:46:28 AM
 #3

For myself, I love Blockchain technology and its application is cow milk management, a simple and effective application. To explain about BTC I would start with cow's milk with Blockchain technology, when he understood and was interested I would talk about similar things using this technology, including BTC.
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November 05, 2017, 02:52:15 AM
Last edit: November 07, 2017, 05:45:47 PM by betMaster
 #4

I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
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November 05, 2017, 03:02:24 AM
 #5

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.

I agree with this. Children might be somehow get bored when you just plainly explain what it is. However there can be some solution for that like making a visual aids to teach Bitcoin through animations and interactive videos to make it eye-catching and it will catch their interest to listen and follow the lessons being taught.
That is the best way to teach children. You have to do a variety of creativity and innovation so they understand bitcoin easily. If they can understand the bitcoin from the beginning then I'm sure it will be easier for them to understand as adults. But do not take the time to play children too long. You should be able to estimate the right time in giving them lessons.
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November 05, 2017, 03:04:15 AM
 #6

I'd really just suggest the video to kids because kids don't want to read text they want a Youtube video to learn. I know I do lol!

It does sound good though. I think all those years of dumbing it down for people has finally given you a great answer. I still get tongue tied trying it to explain it to people. I just end up saying they need to do their own research and read a lot. Not my fauly if they don't invest lol. I'm not pushing people into anything because then it would be "my fault" if they lost money. I'm in for the long haul and love the tech and the whole idea behind it, I care about the price but it's a really handy side affect and not the sole reason to use crypto.

I think that's the biggest hurdle people need to get over. Why do they need it and not how does it work. I don't have a clue how my microwave works, but I know it'll heat up my pizza pocket from frozen to done in 2 minutes Vs my oven that would take ... Idk a long time because I've never used an oven to cook a pizza pocket hahaha! At some point there will be a generation that has never used fiat.

Think about that! Put that in your pipe and smoke it Jamie Dimon!!!
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November 05, 2017, 03:07:35 AM
 #7

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.

I agree with this. Children might be somehow get bored when you just plainly explain what it is. However there can be some solution for that like making a visual aids to teach Bitcoin through animations and interactive videos to make it eye-catching and it will catch their interest to listen and follow the lessons being taught.
I agree with what you are saying brothers. Use some visual aids that are related to bitcoin and it must be easy to understand. If you want to teach it to a 7 year old, you must teach only the basics and just teach the more complex ones once he/she grows up.  Children is very easy to distract so make a way that it cannot be distracted for example visual aids that are for kids but bitcoin related or create bitcoin related videos. In that way, the child will learn somehow even just the basics.

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November 05, 2017, 03:14:10 AM
 #8

That sounds fairly interesting way to teach bitcoin. So whatever you want to do is teach them in their 7-year old kids language and let them grasp it the way they will look at it. I think now a days kids are really smart and doing so will add up them with extra knowledge which they use to secure their future, if they understand how to work with it.

That age is too early, but in case of bitcoin the earlier you start the most prominent you become in the area. There are many more opportunities in the coming future so they better start producing interest at that age.

I think letting them know new updates about bitcoin daily in their language would also help. Talking in general daily would also let them know what it is and they will try to go and search by themselves which will actually start making their development. Sound good to me.
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November 05, 2017, 03:17:40 AM
 #9

I think so, bring the BTC closer in life. The simpler the closer the stimulus is to learn, when the passion is self will study passionately.
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November 05, 2017, 03:18:55 AM
Last edit: November 05, 2017, 03:51:33 AM by Edrian
 #10

Show them your earnings convince them that it is easy to earn at bitcoin all you need is put some hardwork  and perseverance then explain to them very clear what is process to earn bitcoin so they can understand what they are going to do. If still they don't believe you just leave them at least you know that you only want to help them and at least you know that you earn without asking anyone it is just some people don't trust other people if money is involve.
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November 05, 2017, 04:22:51 AM
 #11

Easiest way to explain to anyone is showing bitcoin price history  chart by showing this only 90% of the people get interest on bitcoin. Even if people don’t trust I will show them convert bitcoin to local currency. It is the most easiest way I found to explain bitcoin.
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November 05, 2017, 04:28:44 AM
 #12

You should use words that are common with them or explain each words that is complicated for them. And you can also use videos, there are many videos in youtube that will help to explain what is bitcoin.
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November 05, 2017, 04:39:00 AM
 #13

The easiest way to explain Bitcoins is by knowing its origin. Bitcoin is a digital currency which was created by a person with an alias of Satoshi Nakamoto. First you have to know its origin. Second, you have to make a research for better understanding of some technical terms. The best way to explain what Bitcoin is with the use of social media. The use of social technology such as facebook,messanger,twitter,youtube etc. is a bighelp to make it spread worldwide. Learning the advantage and disadvantages of Bitcoin is the first thing we should know so that we will be able to know how it really works and how it will contribute to our life.

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November 05, 2017, 04:45:46 AM
 #14

bitcoin is the same as other investment commodities such as gold and stock, which distinguishes it is only the medium used if gold and stock can we see the physical form is real while bitcoin shaped digital, how to take the same profit that is to wait for the selling price to rise from the initial price when buying.
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November 05, 2017, 05:06:09 AM
 #15

I find it a nice way of teaching/explaining bitcoin to a 7 year old boy/girl. But maybe somehow some kids may think about what you've told them literally rather than the concept of your story. Kids have different kinds of understanding so expect that not all of them will understand it quite enough.
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November 05, 2017, 05:12:21 AM
 #16

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old

I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”

From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

there no point explaining bitcoins to a 7 year old kid because they wont still be interested on it even if how good you explain it to them, i mean common they are just kids and they dont care about anything not even bitcoins , they only care about playing and fun, eating candies and junkfoods. but i guess this will rather work some people you came across that wants or willing to learn bitcoins.
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November 05, 2017, 05:13:15 AM
 #17

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
On reddit people have "explain like I'm 5" which is essentially asking for a minimalist explanation of how something works or why something is the way it is. It's not really different from this explanation; it is assuming the person is interested and actually wants to learn the information, but isn't necessarily in the loop and might be out of touch when it comes to some technical explanations. Sure it may not be perfect for an actual 7 y/o, but it sure is good for a lot of people who have no idea what is really going on with Bitcoin.
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November 05, 2017, 05:25:06 AM
 #18

For me the easy way and explain bitcoin are:
1. The learner must be interested and very willing to learn.
2. Tell them the origin of the bitcoin and how it works
3. The benefits of the bitcoin and the profit that you can get from this by adding the ingridients of hardwork and patience.
4. Last the proof of your cash out from bitcoin.
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November 05, 2017, 05:28:08 AM
 #19

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old

I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”

From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

 cool, but i think that the best way to explain bitcoins to some people is by showing them your actual bitcoin balance on your wallet and also your cash out or withdrawal reciept that it actually came from bitcoins but its up to them if they still wont believed you. though i dont really care if people will believed on it or not. im just doing my own business on how can i get rich on bitcoins.
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November 05, 2017, 05:44:55 AM
 #20

Nice analogy...i will most definitely apply this next time i have a seminar on bitcoin. They say if you cant explain something to  7year old...then youbdont understand that thing enough. Thanks man
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November 05, 2017, 05:52:26 AM
 #21

I think easy way to explain and teach bitcoin to child is telling them that bitcoin is new money on internet
the process to makes bitcoin is like the gold by mining, it is one of many easy way to explain about the bitcoin
the other way is learning by doing, it is will be more easy to be understood by the child
than just teori without any practice, remember memory of children are very fast than the old people.
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November 05, 2017, 06:41:58 AM
 #22

I already saw this example from the opening post. And I tried to explain it to my child on his basis. But anyway, I think that the most important condition for understanding bitcoins by a child requires his interest and the associated knowledge, like mathematics...

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November 05, 2017, 06:56:12 AM
 #23

Do you think an 8 years kid can shoe interest to know about this bitcoin? 1st of all the kids don't know why their parents go for work and why we need money in that age. 99% kids are same, and only 1% kids may be understood that is also not sure.
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November 05, 2017, 07:33:28 AM
 #24

i don't think that our children will understand how bitcoin work and what they can do with bitcoin but maybe we can teach or giving some examples to them so they can know that there is an investment that they can use for their future. i think we can asked to play a games base in bitcoin so they can slowly to understand bitcoin and if they are grow up, they can learn by theirselves. i think its good if we can teach our children to prepare their own future so they can know that they should follow new technology and using the technology to search new way for better life.

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November 05, 2017, 07:40:54 AM
 #25

What an interesting way to explain how bitcoin works but explain this to a child and he or she would get lost in the middle of it all, explain it even to a smarter kid and then you should be ready to answer a lot of questions until you get tired of answering them. The best shot however is the video which I feel can do it better but still, this would not really interest most kids. For a layman though, rather than wasting all my spit, this would be a good way to start explaining.
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November 05, 2017, 07:42:22 AM
 #26

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.

I agree with this. Children might be somehow get bored when you just plainly explain what it is. However there can be some solution for that like making a visual aids to teach Bitcoin through animations and interactive videos to make it eye-catching and it will catch their interest to listen and follow the lessons being taught.
that is true. because if we are going to explain it with a 7 years old child like the way that bitcoins inttoduced us by our friends surely a child cannot understand us and not be interested. anyway, a smart child can understand if we are going to make samples like bitcoins can buy them any more toys that they want more than a money can. in that way they will become interested and willing to listen further information about bitcoins.
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November 05, 2017, 07:51:17 AM
 #27

The main question is why is it needed? At 7 years old, the child must play in the designer, play football, go out with friends, eat sweets, enjoy childhood, and you load it with information that may not even interest him.

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November 05, 2017, 07:59:37 AM
 #28

That is a good explanation. Thought i knew a lot about Bitcoin until i tried to explain it to a mate
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November 05, 2017, 08:03:50 AM
 #29

Good explanation mate. I might take a page or two out of your book!
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November 08, 2017, 04:58:20 AM
 #30

Good explanation mate. I might take a page or two out of your book!

Sure, make sure to credit the original source.

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November 08, 2017, 07:58:42 AM
 #31

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
True enough. But if that's the case that you're going to teach a 7 yr old kid, the best thing to do for them to get interested and hook up, provide catchy materials and be creative. Then ask them, "what toys do you want to get?" Surely, they will cite many. So that's the time to introduce them about Bitcoinm
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November 08, 2017, 08:00:04 AM
 #32

I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.

I agree. Money always speaks to anyone. If you would explain the concept and even the potential of bitcoin, I hardly think that anyone would be interested, not even a seven year old, but if you would explain what it can do, its benefits and the potential money it can bring anyone whether a young or old person would definitely lend an ear to listen.
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November 08, 2017, 08:03:22 AM
 #33

I think, there is no surefire to teach bitcoin but it depends on the person if she/he want really to be inform or what, it depends always it always seem impossible to a 7y/o to teach btc but who know you know how.

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November 08, 2017, 08:19:06 AM
 #34

First, you must take a research about the background and informations of bitcoin.Second, as a bitcoin user you also need to explain what's your experience or what did you get in bitcoin.
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November 08, 2017, 04:01:14 PM
 #35

I think something like teaching bitcoin to children is still not useful, because they themselves are not too interested in money, what's more bitcoin, preferably in their young age, more used to play and study at school instead of trying to make money or bitcoin

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November 08, 2017, 04:03:54 PM
 #36

Good one, I've read that before too. Wasn't it titled as "How to explain bitcoin to a 5 year old"?  Actually I myself understood a lot about bitcoin after reading this article of yours.
Thanks again for writing this.
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November 08, 2017, 04:08:03 PM
 #37

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
I think its hard to teach the child who is 7 years old because the set up their mind is on playing toys and on playing on friends but if you want to teach them you must use appropriate word where they can understand it easily and clearly. Lastly, I think you would have diffuculties in teaching them but if they some interest on it they will really understand it.
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November 08, 2017, 04:45:34 PM
 #38

Some 7 year olds or kids in general will be curious when they hear their parents talking about Bitcoin and it's good to tell them; why wouldn't you explain it if you knew how to in an engaging/relatable story like this? This could be used for people of any age though.
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November 08, 2017, 04:52:44 PM
 #39

Nice analogy...i will most definitely apply this next time i have a seminar on bitcoin. They say if you cant explain something to  7year old...then youbdont understand that thing enough. Thanks man

First of all, your sincere wishes count. You can find a lot of material on Youtube, but if you are struggling with some specific problem then obviously you can ask here. There are plenty of people in the forum who will be happy to help you.
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November 08, 2017, 04:53:07 PM
 #40

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.

Firs off, would it really be necessary to teach a 7-year-old about the principles of bitcoin. I think it's too early to do so. Also, it won't be as useful to them, especially in this stage where it is not really of the mainstream market. Having said, in response to the topic, I think first talk about where you could closely compare it to like money and what you can do with it. Because, if you would start with the concept then I'm sure any seven year old would hardly be interested.

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November 08, 2017, 05:34:21 PM
 #41

I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.

I agree with you sir this is also may way of getting there attention the fact that bitcoin is a medium of exchange it will really involve money and the capital appreciation of bitcoin over time is really fast such an investment early on will earn big profits faster than stock exchange
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November 08, 2017, 05:39:34 PM
 #42

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.

Firs off, would it really be necessary to teach a 7-year-old about the principles of bitcoin. I think it's too early to do so. Also, it won't be as useful to them, especially in this stage where it is not really of the mainstream market. Having said, in response to the topic, I think first talk about where you could closely compare it to like money and what you can do with it. Because, if you would start with the concept then I'm sure any seven year old would hardly be interested.
unless if that 7 year old is a gifted child that are now so smart to think and to know about bitcoin, because we as a adult we take the feeling of hard to know some details about bitcoin how about for a kid.
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November 12, 2017, 10:47:35 AM
 #43

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old

I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”

From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

If  i teach to the child or person  in a simple way to say  what is bitcoin  all i can say is that btc is an alternate of money and we can get this through digital currency application.bitcoins is the another terms of money,that runs through internet.

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November 12, 2017, 11:30:05 AM
 #44

I got acquainted with Bitcoin through searching for investment options.
Later I realized that this is a whole world that is becoming a part of our real world.

An easy way to learn about bitcoin is to learn its 9 year history. All his ups and downs.
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November 12, 2017, 12:32:03 PM
 #45

People's knowledge on bitcoin/cryptocurrency will always depend on how they understand the whole concept. As for me, I tell them about how I understand it and then refer them to a link that will back-up my explanation and for them to also explore and get to know the concept easier. For Ethereum, I will always suggest for them to check the website itself which is www.propthereum.io

All answers to possible questions is there and it has a very detailed whitepaper that can explain what it is.
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November 12, 2017, 12:35:37 PM
 #46

I think the best way to explain and teach bitcoin to others is to let them experience it so they will know what are the benefits bitcoin could offer. And the best way to understand the whole bitcoin is to read everything about it and alsp the discussions. Maybe it will take time to be understood but i guarantee that it is really worth it.

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November 12, 2017, 06:34:48 PM
 #47

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old

I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”

From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
It’s so simple to teach about bitcoin all the information about bitcoin is available on internet and its so easy to learn from internet about bitcoin and if you still don’t understand bitcoin so then you need to find someone who is using bitcoin so from him you can understand easily its very simple and easy to understand .
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November 12, 2017, 06:43:23 PM
 #48

Easiest way to explain to anyone is showing bitcoin price history  chart by showing this only 90% of the people get interest on bitcoin. Even if people don’t trust I will show them convert bitcoin to local currency. It is the most easiest way I found to explain bitcoin.
I think the easiest way to explain to anyone what bitcoin is to showing some article or videos that tackles about bitcoin. Furthermore,  it will be to explain if they do not have any interest in bitcoin so that the first thing that you need to do is to convince them.
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November 12, 2017, 09:25:26 PM
 #49

I learn some bitcoin knowledge in almost two months so this is easy only.I think if you already know how to read english it easy for you to undestand bitcoin because they key here in bitcoin is reading.Try to tell them to play gambling and faucets to earn even its little because if they experience how to earn i think they will keep searching all about bitcoin
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November 12, 2017, 09:38:14 PM
 #50

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old

I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”

From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

for me the easy way to explain bitcoin is to show to them a proof that have a big profit and you are earning a money bitcoin.
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November 13, 2017, 08:21:48 AM
 #51

I think easy way to explain and teach bitcoin to child is telling them that bitcoin is new money on internet
the process to makes bitcoin is like the gold by mining, it is one of many easy way to explain about the bitcoin
the other way is learning by doing, it is will be more easy to be understood by the child
than just teori without any practice, remember memory of children are very fast than the old people.
Yes child are best for learning bitcoin as their picking power is so much fast and they are very familiar with the new and latest technology of the internet and computer so  it will be the best way to teach child about bitcoin indeed computer is itself a teacher which tells us that how to rectify the mistakes etc
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November 13, 2017, 08:36:04 AM
 #52

on utube already much videos about btc and easy to learn it
but u also need to read from another source because not everything on videos 100% correct or miss understanding
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November 13, 2017, 08:39:42 AM
 #53

ahmm. for me i will explain them by step by step, from star to until now, its so hard to teach a person that dont have any idea about bitcoin,its so difficult to them , maybe some people are easy to teach but some are too difficult, maybe some older people are easy to teach but how about some children that will learn about bitcoin, its so difficult to them to teach about bitcoi, so thats it , by teaching them a step by step, from start until now.
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November 13, 2017, 09:06:33 AM
 #54

I really like that whole analogy about bitcoins, and it's a nice way to explain it to other people how it works.

Now I know that analogy is just for simplicity for an average person to understand, but explaining this to an actual 7 year old? Let's be honest, kids will be kids. They're too young to even grasp its concept.

I'm pretty sure as I finished explaining that to them they'll barely remember the details because they're not interested at all. Cheesy

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November 13, 2017, 09:21:24 AM
 #55

I really like that whole analogy about bitcoins, and it's a nice way to explain it to other people how it works.

Now I know that analogy is just for simplicity for an average person to understand, but explaining this to an actual 7 year old? Let's be honest, kids will be kids. They're too young to even grasp its concept.

I'm pretty sure as I finished explaining that to them they'll barely remember the details because they're not interested at all. Cheesy


People that not interested to learn bitcoin was difficult to teach I dont waste my time for that kind of people if people really want to learn cryptocurrency they always find a way to easy know every detailed of bitcoin.

My best way to teach people to know bitcoin is to encorage them to watch some basic video on how to use bitcoin then if this people are interested we proced to the next step on how to earn bitcoin theres no shortcut for teaching newbie on how to use bitcoin.
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November 13, 2017, 09:24:28 AM
Last edit: November 13, 2017, 10:54:00 AM by Latviand
 #56

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old

I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”

From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
There are ways that even the adult and the children can learn the bitcoin just to teach them in easy way so first adult and children we know that interested in money everyone of us got interested when money is topic so just talk to them and teach them. first you must taught what are the basic in the bitcoin what the bitcoin what the use of it and why it is made. the history the chart you must show it to them then do some salestalk then show them a proof. it is legit
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November 13, 2017, 09:31:49 AM
 #57

the easy way to explain and teach bitcoin to everyone first mention the money they will get when they join in bitcoin second explain the basic rules and information how the bitcoin value move and how use bitcoin that's all




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November 13, 2017, 09:32:58 AM
 #58

I've learned something new from the post. However, I'm not sure a 7year old child would be able to understand Bitcoin and it's complexity.
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November 13, 2017, 09:45:12 AM
 #59

If somebody is interested of something he will do everything in order get what he desire and what he wants.
 That is why if you explain bitcoin do not give all informations that you know you must let him explore and to have self learning. Just tell the basic informations and it is up to them to learn.

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November 13, 2017, 10:26:37 AM
 #60

I like your analogy. I have never been in such situation but I still like it. I wll try to remember it. Maybe it lacks the idea that nothing occur in the "real", tangible world. As a 7 year old, I would have been naive enough to believe in the idea of a huge, growing room loaded with small cute pink piggy banks.

Actually, this analogy can be good even for grown-ups. I mean, there are still many people for whom the idea of bitcoin is.. Well, merely a strange word.

Thank you for sharing it!

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November 13, 2017, 10:44:03 AM
 #61

For kid 7 years old,I think you don't need to explain it, the best ways is making an example. Try to buy something or play game that need btc and let him see you doing that.
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November 13, 2017, 10:59:00 AM
 #62

We can explain bitcoins to other people easily in terms of sharing videos to them in that ways the can easily understan the concept and essence of bitcoins.
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November 13, 2017, 11:02:31 AM
 #63

For kid 7 years old,I think you don't need to explain it, the best ways is making an example. Try to buy something or play game that need btc and let him see you doing that.

Before teaching something about bitcoin and cryptocurrencies start with finace literacy and cash flow. Finance literacy is main importnant thing which person should learn the basics on the childhood.



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November 13, 2017, 11:32:54 AM
 #64

I think that to teach to someone is not a difficult way for us but considering there are several factors that need to be considered as the most basic example is the will or intention whether we have a goal then we must have high intentions so that in learning To understand bitcoin there are no obstacles, after understanding then I usually teach to join in bitcointalk forum here very many ways to ask and understand about krypto world.
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November 13, 2017, 11:35:57 AM
 #65

It's really hard to explain what is bitcoin even in the old ones. Even on the starting they keep on their mind that bitcoin is scam, so what's the point of explaining if that is their point of view. But my opinion on easy way to explain bitcoin is they must watch video, there are many videos about bitcoin in the youtube.

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November 13, 2017, 11:57:07 AM
 #66

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
I agree with this. Children might be somehow get bored when you just plainly explain what it is. However there can be some solution for that like making a visual aids to teach Bitcoin through animations and interactive videos to make it eye-catching and it will catch their interest to listen and follow the lessons being taught.
That is the best way to teach children. You have to do a variety of creativity and innovation so they understand bitcoin easily. If they can understand the bitcoin from the beginning then I'm sure it will be easier for them to understand as adults. But do not take the time to play children too long. You should be able to estimate the right time in giving them lessons.
The best way to explain bitcoin to kids is by given them sensible examples.
You can start by telling them; bitcoin is currency just like USD but digital like online ebook.
People buy and sell things online with bitcoins just like the way they do it with regular USD.
The next thing, then you should explain them how to store bitcoin in online wallets just like bank account.
Remember, they are kids you shouldn't have to get any deeper when explaining the concept of bitcoin to them.
I think that way the kids would understand everything you are trying to teach them.

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November 13, 2017, 12:12:59 PM
 #67

I fell that,at present time many way teach bitcoin.I personally suggest more video about youtube chanel and  udemy website.
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November 13, 2017, 12:34:21 PM
 #68

For me, the best way to explain bitcoin to some people is to teach them basic about bitcoin, and let's show us the evidence that we can earn. I think this is the easily way that i found to explain to them.

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November 13, 2017, 12:37:26 PM
 #69

It is very brilliant!
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November 15, 2017, 04:47:37 AM
 #70

It is very brilliant!

Please give credit to the original mentioned-author in original post. Thank you.

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November 15, 2017, 05:54:17 AM
 #71

For the adults:
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin's value is worth over $110 billion USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.

Bitcoin has all the characteristics needed combined to make the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system.

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November 15, 2017, 06:02:19 AM
 #72

Bitcoin is like other investment commodities such as gold and share letters, there are times when we buy when the price is cheap and we sell it when the price is expensive to take as much profit as possible.
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November 15, 2017, 07:20:41 PM
 #73

It's nice introducing bitcoin to young ones at least they will have the idea of digital currencies as well as how investment will work they will also realize the important of keeping or holding money. I guess it is more helpful if bitcoin and other crypto currencies will be discussed from school as a part of their subject since this will be the future of our economy better let young ones learn it as early as possible.
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November 16, 2017, 12:52:06 PM
 #74

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.

Firs off, would it really be necessary to teach a 7-year-old about the principles of bitcoin. I think it's too early to do so. Also, it won't be as useful to them, especially in this stage where it is not really of the mainstream market. Having said, in response to the topic, I think first talk about where you could closely compare it to like money and what you can do with it. Because, if you would start with the concept then I'm sure any seven year old would hardly be interested.
Well I think to learn about bitcoin the beast way is go to internet and find all detail about bitcoin that what is bitcoin and you can find a complete history of bitcoin you can also learn about earning that how you will invest and how can do daily trade so I’m sure from internet you will understand easily but still if you don’t understand you can find any user of bitcoin and can learn from him.
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November 16, 2017, 01:32:18 PM
 #75

I'm wondering, why 7-year-old child need to know about Bitcoin?

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November 16, 2017, 02:33:44 PM
 #76

I think so, bring the BTC closer in life. The simpler the closer the stimulus is to learn, when the passion is self will study passionately.
There are so many ways to explain and teach about bitcoin. I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way I used it when I introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community. It is simple to reach people about bitcoin because many people already tested that bitcoin is really legit.
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November 16, 2017, 03:58:03 PM
 #77

I'm wondering, why 7-year-old child need to know about Bitcoin?

That's what i like to ask also. Yes, we can easily teach a kid by showing videos or do some animation but why do we have to teach them about bitcoin in  that early age. We all know that earning bitcoin needs a lot of hardwork then why should we let them experience that at their young age. We should let them enjoy their chilhood. In the first place, we want to earn money from bitcoin because we want to give them what they need and have a better life.
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November 16, 2017, 04:17:34 PM
 #78

Explaining bitcoin to anyone is one who has no knowledge in it is difficult. Studies says that people have different understanding or perceptions about same thing. We contradict each other everytime a new ideas is generated. Explaining bitcoin to a children, we must use words that are common to them. It is easier for them to understand. Explaining it to a student, we should used words that are easy but atleast in a professional manner. Explaining it to a professional, we must use formal words and compare it to the things that function the same. For example, the stock exchange is like the bitcoin, more demands, the higher prices. Anyway it is how you explain it to them because people's trust is another factor when it comes to this matter.
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November 16, 2017, 04:21:03 PM
 #79

I'm wondering, why 7-year-old child need to know about Bitcoin?

That's what i like to ask also. Yes, we can easily teach a kid by showing videos or do some animation but why do we have to teach them about bitcoin in  that early age. We all know that earning bitcoin needs a lot of hardwork then why should we let them experience that at their young age. We should let them enjoy their chilhood. In the first place, we want to earn money from bitcoin because we want to give them what they need and have a better life.

Its again same thread in the same section. I don't know why people like op keep on creating a redundant thread unwantly. This answers are 1000 times answered already by the different forum. Previously thread comes with the title how to teach bitcoin, then to kids, then elders. Now again back.
I hope moderators should lock this thread to avoid waste discussion in the forum.
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November 16, 2017, 04:28:14 PM
 #80


Got a question. Why explain the bitcoin to a child 7 years old? I think for this information you need an older age. Children of this age should not still be involved with money, early yet. Sad Shocked
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November 16, 2017, 04:31:41 PM
 #81

For kid 7 years old,I think you don't need to explain it, the best ways is making an example. Try to buy something or play game that need btc and let him see you doing that.
The nature of bitcoin is not used to make payments for regular transactions. I think we need to just teach other things and better, something that kids know about than it.

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November 17, 2017, 02:25:08 AM
 #82

Tell them that  Bitcoin is a very fun, and rewarding experience once you get started, and it is the future of currencies and how payments will be made all around the world in the future.
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November 18, 2017, 09:34:21 AM
 #83

may have me by way of explaining and justifying it directly. because if only the theory or explanation alone many will not understand what is bitcoin actually, but if we teach it while the practice will most likely be easy to understand and understand. what is bicoin, what are the weaknesses and advantages. especially if we explain it while having the make and manage bitcoinnya directly automatically may be immediately understand quickly.
 
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November 18, 2017, 09:54:37 AM
 #84

It is tough to explain,but that depends on the kid knowledge.if kid has ability we can explain easily, we have start explaining like this bitcoin is digital currency and good investment.
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November 18, 2017, 10:31:14 AM
 #85

It would be a big challenge to teach a 7 year old about bitcoin, at that young age a child's attention is still on playing. But if you really want to, maybe it would help if you expose him with the industry and explain to thr child the importance of btc especially how it helps financially. If it doesn't catch his attention then dont force it. It's very  important to establish the interest first. Maybe that age is still so young to get involved.
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November 18, 2017, 11:45:46 AM
 #86

In thing really easy to teach the bitcoin like 7 to up... And bitcoin easy to teach as like new one. Still teaches us all that is in bitcoin .they work and the beginners are taught by people in bitcoin they are the ones who explain our bug here in bitcoin .they really is the first one to buy and toss new ones and want to join it with bitcoin.the bitcoin and there is a talk that everyone must follow a rules before join it .and of course there are also people who should explain to us that we are just here to be accompanied. And we will also prove that we can all...
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November 18, 2017, 12:46:53 PM
 #87

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
Even if it is hard to teach like a 7 year old, But if you see that the child is interested to it you can easily teach it. The easy way to explain in 7 year old child, I will tell to him/her that bitcoin is a digital cryptocurrencies and it helps every people to have an source of income.Also I will tell to him/her to read some threads to them to be able to know more about bitcoin.
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November 18, 2017, 01:21:52 PM
 #88

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
Even if it is hard to teach like a 7 year old, But if you see that the child is interested to it you can easily teach it. The easy way to explain in 7 year old child, I will tell to him/her that bitcoin is a digital cryptocurrencies and it helps every people to have an source of income.Also I will tell to him/her to read some threads to them to be able to know more about bitcoin.

There's hardly any kid that age who'll be interested in something like bitcoin and there's probably no reason to explain it at such an early stage. If its just to some people though, show results and profits. Nothing can interest people than seeing how you earn from doing a lot less

 
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November 19, 2017, 08:27:14 PM
 #89

Recently I came across a very interesting video in the Internet where the simple words explain about the blockchain technology and cryptocurrencies. When I find it again - I'll take the information

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November 21, 2017, 05:09:25 AM
 #90

Wow! There's alot of great commentary here! Keep it up everyone!

For the adults:
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin's value is worth over $110 billion USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.

Bitcoin has all the characteristics needed combined to make the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system.

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November 21, 2017, 05:34:44 AM
 #91

Creating knowledge about bitcoin is one thing and how to impact the knowledge is another.If you to teach a child about bitcoin it must be in low term that the child will understend.
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November 21, 2017, 06:25:06 AM
 #92

Tell them that  Bitcoin is a very fun, and rewarding experience once you get started, and it is the future of currencies and how payments will be made all around the world in the future.
It depends to whom you are explaining, suppose for an Economic background person it will be easier to explain, but for a beginner need to explain what is digital money, cryptocurrency then about how it works. Show them videos and price variation by using plotted graphs so that they can understand in a better way.

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November 24, 2017, 11:09:48 AM
 #93

Explaining bitcoin to anyone is one who has no knowledge in it is difficult. Studies says that people have different understanding or perceptions about same thing. We contradict each other everytime a new ideas is generated. Explaining bitcoin to a children, we must use words that are common to them. It is easier for them to understand. Explaining it to a student, we should used words that are easy but atleast in a professional manner. Explaining it to a professional, we must use formal words and compare it to the things that function the same. For example, the stock exchange is like the bitcoin, more demands, the higher prices. Anyway it is how you explain it to them because people's trust is another factor when it comes to this matter.
To explain and teach, when you discuss bitcoin to the individual who truly don't have any idea regarding bitcoin. Simply keep it simple also give them time to absorb the information and urge them continue the discussion with you later. Show them the money you earn.

Once they see obviously how this new innovation can enhance something they think about, they will normally begin to perceive how it can apply to fundamentally everything else.

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November 24, 2017, 05:00:30 PM
 #94

 If that person is older they have a deep experience of what money is and who gets to make it, you might just have to accept that their set views are unalterable.
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November 24, 2017, 05:04:15 PM
 #95

I think when you are teaching a person who is techy then they will be like nah it is just another fraud or be like they are too lazy to even analyze the process but it is different when you are teaching someone who is willing to earn or someone fond of technology evolution  then it will be pretty easy in teaching them. I guess sometimes it varies upon the person you are teaching too.

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November 24, 2017, 05:16:18 PM
 #96

Show them the money you earn.

This is exactly the problem. If you want to make people aware of Bitcoin, you'll explain them how they can benefit from using Bitcoin in various aspects. If they at some point have enough understanding of what Bitcoin is and how this market works, these people will look for ways to make money themselves. If you explain them how they will be able to "earn" money, they'll just turn into greed filled baboons. People act like money is growing on trees here, but the fact of the matter is that everything you do involves a certain risk, and these risks should never be discarded. It's what separates winners from the losers....
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November 24, 2017, 05:23:03 PM
 #97

It is actually very easy to explain bitcoin to a seven-year-old if the child is interested in what we will teach him. Especially if we teach while playing, it is very effective for children's development in understanding what we teach.
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November 24, 2017, 05:28:47 PM
 #98

If you want to explain or teach someone what is bitcoin.you have to explain him/her what is digital mouny or cryptocurrency.withaout it you can't explain him what is bitcoin.you don't explain a child about bitcoin,Beacuse they don't know what is mouny.thank you.
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November 24, 2017, 05:57:49 PM
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I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
Well said; I believe the best way to impact understanding concerning Bitcoin to someone is to let the person know that Bitcoin is something of value and can be converted into money.
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November 24, 2017, 06:00:41 PM
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I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
Well said; I believe the best way to impact understanding concerning Bitcoin to someone is to let the person know that Bitcoin is something of value and can be converted into money.
Yes, that's the better way and to make that effective its good to create a wallet for the new user then describe it in terms of USD. If he understood it, then take him to an bitcoin trading website and explain the way of converting bitcoin to local currency upon requirement.
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November 24, 2017, 06:12:45 PM
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I think best way to explain it is to consider it as a digital asset whose value increases with its increasing demand and one can use that asset to buy services and goods.

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November 24, 2017, 06:46:08 PM
 #102

is not that difficult, you can help yourself using basic  articles you can find easily on internet regarding Bitcoin and blockchain and the useful utility of a decentralized method of payment and all the benefits.
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November 30, 2017, 07:41:52 AM
 #103

Show them the money you earn.

This is exactly the problem. If you want to make people aware of Bitcoin, you'll explain them how they can benefit from using Bitcoin in various aspects. If they at some point have enough understanding of what Bitcoin is and how this market works, these people will look for ways to make money themselves. If you explain them how they will be able to "earn" money, they'll just turn into greed filled baboons. People act like money is growing on trees here, but the fact of the matter is that everything you do involves a certain risk, and these risks should never be discarded. It's what separates winners from the losers....

Exactly - risks are very real.

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November 30, 2017, 08:13:02 AM
 #104

I am very easy to invite friends or relatives about bitcoin world, as long as they can understand the internet world because that is the basic learning.
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November 30, 2017, 08:14:06 AM
 #105

the easiest way to explain is by telling them bank:crypto which is u store your money on the bank but the price will increase time to time.
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November 30, 2017, 08:15:49 AM
 #106

You should use words that are common to them or explain each word that is complicated for them. And you can also use videos, there are many videos on youtube that will help to explain what is bitcoin.
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November 30, 2017, 08:38:07 AM
 #107

I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
The easiest way to explain and teach about bitcoin is to give a simple but efficient introduction on its history, then show him how it really works. Make sure that in every explanation you do, you are catching his attention and making him like to be a part of it. It is very possible since you are teaching him how to be involve in a very productive market system. How to gain coins for riches.
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November 30, 2017, 08:43:18 AM
 #108

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
Precisely, I guess it will be tough for you teach a 7 year old because as far as I know they all want is fun and they don't care about earning future. Though they are curious in many things still they prefer to waste their time on playing rather than earning. Maybe you should teach them if they are on the right age.

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November 30, 2017, 08:52:27 AM
 #109

Before teach bitcoin to other I think you should learn bitcoin first.You have to start learning bitcoin from the basic.After that you can start teaching bitcoin.And teaching depends on who is the learner,how old is he.If you are teaching to someone who is 18+ then you can teach him about bitcoin in deep.Because he can understand the deeper things.I think you should always teach basic things to your learner first which is really important.Like bitcoin is the first crypto currency which is online and offline based.It's untraceable and you can send bitcoin to worldwide.Also you can say about bitcoins high price etc.

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November 30, 2017, 09:39:30 AM
 #110

I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
Well said; I believe the best way to impact understanding concerning Bitcoin to someone is to let the person know that Bitcoin is something of value and can be converted into money.
Yes, that's the better way and to make that effective its good to create a wallet for the new user then describe it in terms of USD. If he understood it, then take him to an bitcoin trading website and explain the way of converting bitcoin to local currency upon requirement.
I think the easy way to explain and teach bitcoin by sharing your knowledge to others, by teaching them the basic concept, how it works and how they can earn. Although it easy to explain but is hard when you teaching a person but not listening to you.

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November 30, 2017, 09:46:48 AM
 #111

At its simplest, Bitcoin is either virtual currency or reference to the technology. You can make transactions by check, wiring, or cash. You can also use Bitcoin (or BTC), where you refer the purchaser to your signature, which is a long line of security code encrypted with 16 distinct symbols. The purchaser decodes the code with his smartphone to get your cryptocurrency. Put another way; cryptocurrency is an exchange of digital information that allows you to buy or sell goods and services.The transaction gains its security and trust by running on a peer-to-peer computer network that is similar to Skype, or BitTorrent, a file-sharing system.
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November 30, 2017, 09:53:14 AM
 #112

I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
Well said; I believe the best way to impact understanding concerning Bitcoin to someone is to let the person know that Bitcoin is something of value and can be converted into money.
Yes, that's the better way and to make that effective its good to create a wallet for the new user then describe it in terms of USD. If he understood it, then take him to an bitcoin trading website and explain the way of converting bitcoin to local currency upon requirement.
I think the easy way to explain and teach bitcoin by sharing your knowledge to others, by teaching them the basic concept, how it works and how they can earn. Although it easy to explain but is hard when you teaching a person but not listening to you.

Yes I agree but before we teach others about bitcoin we will have to make sure that we already know the existence and the history of bitcoin for us to give them the right information about bitcoin. We must have to gather information about bitcoin before we tell or teach others about this. And if you know already the whole story of bitcoin then it is now easy to teach others and it is easy for them to understand us.
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November 30, 2017, 09:56:15 AM
 #113

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
i think teaching bitcoin in 7 years old is hard but if you teach teenagers i think its not easy too because some teenagers didnt believe in bitcoin so dont try so hard just teach people who want this and let them regret someday.
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November 30, 2017, 10:07:27 AM
 #114

Maybe the easiest way to teach Bitcoin is to explain to them the advantages of using Bitcoin and also show them your earnings tell.them that once they join campaigns they will be paid off they just wait once money is involve they will believe you
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November 30, 2017, 10:11:11 AM
 #115

The easy way to explain and teach Bitcoin is, I will teach them step by step. I let them also to know that Bitcoin is something of value and can be converted into money.
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November 30, 2017, 10:11:36 AM
 #116

Best way to make Videos, Games and cartoon explain bitcoin (Fun to learn).
kinds learn how to use real money so they can use bitcoin .  
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November 30, 2017, 10:21:01 AM
 #117

For me the easy way and explain bitcoin are:
1. The learner must be interested and very willing to learn.
2. Tell them the origin of the bitcoin and how it works
3. The benefits of the bitcoin and the profit that you can get from this by adding the ingridients of hardwork and patience.
4. Last the proof of your cash out from bitcoin.

I do agreed with what you stated bro. Actually just do also the things what was the reason why you engaged in bitcoin. I mean your reason how you convinced yourself to tried it. And proof of cash out from bitcoin really catched my attention why i'm here now. 😊

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December 01, 2017, 04:53:06 PM
 #118

Explain and teach bitcoin for kids or old people will not difficult if they really want to know and learn this stuff. First time when i came to bitcoin world, i dont know anything except the name of what i want to research - bitcoin, after few month i knew everything necessary to earning bitcoin and money. In my opinion, when people interested in something, they will have the will to study and research the subject they want, it will be easy to teach someone like that !
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December 02, 2017, 08:53:35 AM
 #119

Teaching Bitcoin to a kid and to an adult is quite different. Both must have the willingness to listen and learn. Kids are kind of distracted to many things so we must keep them focus by providing some creative visual aids when teaching it to them. We should also explain the benefits of Bitcoin to them and why do we need to teach it. But if we noticed that the kid do not have any interest on it, maybe those things aren't on his mind yet. Let's just wait for a little more time (when he grow up) until he's the one to start the discussion about it.

C
Finally C is!!!
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December 02, 2017, 02:08:51 PM
 #120

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
I think that one of the easiest way to explain bitcoin is to tell them what benefits they can get in it. In kids, you must first get thier attention and telling them what they can earn is one of the wisest way to have thier interest. Next is explain them why bitcoin is important for us specially to them, the new generations, also talk about on what is bitcoin is and how its system works. Lastly you must tell them what are the advantages and disadvantages of bitcoin for them to be ready in encountering it in the future.
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December 02, 2017, 07:46:33 PM
 #121

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
I think that one of the easiest way to explain bitcoin is to tell them what benefits they can get in it. In kids, you must first get thier attention and telling them what they can earn is one of the wisest way to have thier interest. Next is explain them why bitcoin is important for us specially to them, the new generations, also talk about on what is bitcoin is and how its system works. Lastly you must tell them what are the advantages and disadvantages of bitcoin for them to be ready in encountering it in the future.

Your setup is too complicated. Simply put, its honest, long-term savings account.

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December 03, 2017, 07:10:39 AM
 #122

The easiest way to inform and educate the public about bitcoin is making some seminars or videos which tell the entire information about bitcoin.
Through this they can help the small sectors of the community to promote the positive effect of btc in our society.
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December 03, 2017, 07:24:05 AM
 #123

it's easy to keep the bitcoin up and point it to someone ... you do not need to explain everything when someone is interested in it..when you explain and understand that you can tell him everything about bitcoin and explain that he's got a big deal here ..
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December 06, 2017, 12:32:40 AM
 #124

I think I don't agree with that explaining bitcoin to my son is not good because I want my son be free for now he doesn't good yet in working and I think he must be in my neighbors playing with them not working for us right now.

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December 06, 2017, 12:50:08 AM
 #125

The easiest way to explain and teach about bitcoin is to give a simple but efficient introduction on its history. It's very important to establish the interest first and let the person know that Bitcoin is something of value and can be converted into money.
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December 06, 2017, 12:57:08 AM
 #126

Easy way to explain or touch bitcoin is simple based on the understanding capability of the users. Bitcoin being a very new platform and technology oriented operational system it is not that easily understandable. Giving an basic explanation and let them explore of their own which seems to be the best way of teaching in my opinion.
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December 06, 2017, 01:10:29 AM
Last edit: December 06, 2017, 02:27:37 AM by josephpogi
 #127

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
to be honest it is hard to teach bitcoin to others as my experience i always receive a laugh from them because they said that bitcoin is only a scam and some people didnt yet know and understand about bitcoin but if you want to teach bitcoin to others just teach your trusted friend .
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December 06, 2017, 01:24:08 AM
 #128

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
That's right, the best way to explain is we should talk to them, i think they could understand well. Children must interesting about this because of about money related. We need them first understand about bitcoin before we teach.  Give more patience, to teach them so that they have more ideas and knowledge about bitcoin. Children is not so hard if we explained it well. Just keep telling and have patience to explaining and focus to teach children to them always so that in their younger age they will know a lot.
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December 06, 2017, 01:16:30 PM
 #129

Thank you for this!
I am just a newbie in bitcoin, hmm let me say little do I know about what bitcoin is. right now all I do is to look into the forum read replies to the post and maybe I can gain some knowledge. I'm like a child who is really willing to learn something new. I hope I may gain some new knowledge to this thread and learn more about bitcoin does and how it operate, how can I earn. thanks a lot!
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December 06, 2017, 01:25:36 PM
 #130

I think  bitcoin is too complicated to explain   for seven years old. better  way teach financial grammer. money  philosophy
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December 06, 2017, 01:26:20 PM
 #131

How you explain it to people depends not so much on their age but on their understanding of how finance and money works. I tend not to explain so much the underlying technology of Bitcoin's blockchain as a ledger (though that easily comes in later as a result of natural inquisitiveness). I find that, for young and old, start with some of the points of the Satoshi whitepaper: peer-to-peer and trustless.

Without even needing to mention the word decentralization, I simply say Bitcoin is the first time you can send anyone anywhere in the world money, in the exact amount you want, directly, the way you want, while knowing for sure that the person will receive it without ever having to rely on a bank or a third party to get your money there.

The questions will come naturally: but isn't this how money already works? From here, you explain the differences.

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December 06, 2017, 01:42:59 PM
 #132

I used to know Bitcoin from my friends who invited me to play the faucet because we are unemployed, teaching someone to understand Bitcoin is by way of practising, so they will easily understand and will feel the spirit when getting results.
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December 18, 2017, 01:29:35 AM
 #133

For consistency;
For the adults:
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin's value is worth over $300 billion USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.

Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold)

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December 18, 2017, 01:36:54 AM
 #134

And yet there will be so many who fail to understand such basics. At least the new generation is coming where our kids will easily be able to get into BTC, compared to us where we will be the dinosaurs of the cryptocurrency world
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December 19, 2017, 06:00:37 AM
 #135

Well, the easy way to explain and teach bitcoin you must first explain to them about bitcoin and the characteristics of bitcoin, and explain about the advantages of bitcoin. Then you show to them how to start invest in bitcoin. Then share your knowledge about bitcoin. Because sharing our knowledge or any ideas is a big help to them to increase their knowledge. Tell them that even you will explain they should more research to do so that they can completely understand about bitcoin.
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December 19, 2017, 06:19:20 AM
 #136

Well, the easy way to explain and teach bitcoin you must first explain to them about bitcoin and the characteristics of bitcoin, and explain about the advantages of bitcoin. Then you show to them how to start invest in bitcoin. Then share your knowledge about bitcoin. Because sharing our knowledge or any ideas is a big help to them to increase their knowledge. Tell them that even you will explain they should more research to do so that they can completely understand about bitcoin.

if I personally yes, it is better to tell yourself first, later if they have not understood about what they can then it is better to ask us. because learning it is quite difficult. especially if we just talk about what bitcoin is to them. then better let them understand, we tell to learn alone.
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December 19, 2017, 06:33:08 AM
 #137

I'd really just suggest the video to kids because kids don't want to read text they want a Youtube video to learn. I know I do lol!

It does sound good though. I think all those years of dumbing it down for people has finally given you a great answer. I still get tongue tied trying it to explain it to people. I just end up saying they need to do their own research and read a lot. Not my fauly if they don't invest lol. I'm not pushing people into anything because then it would be "my fault" if they lost money. I'm in for the long haul and love the tech and the whole idea behind it, I care about the price but it's a really handy side affect and not the sole reason to use crypto.

I think that's the biggest hurdle people need to get over. Why do they need it and not how does it work. I don't have a clue how my microwave works, but I know it'll heat up my pizza pocket from frozen to done in 2 minutes Vs my oven that would take ... Idk a long time because I've never used an oven to cook a pizza pocket hahaha! At some point there will be a generation that has never used fiat.

Think about that! Put that in your pipe and smoke it Jamie Dimon!!!

I agree with your suggestion. Kids learn quickly when they are shown visually and they will never forget about it. Even we grown ups prefer to see and hear the thing rather than reading.

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December 19, 2017, 06:38:46 AM
 #138

I think that's the difficult thing to do.. because 7 years old child want is just to play some child games but it depends on child if that kid has talent
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December 19, 2017, 06:55:09 AM
 #139

I agree with this. That the best way to teach children. You have to do variety of creativity and innovation so they understand bitcoin easily. You should explain them to use video, there are many videos in YouTube that will help to explain what is bitcoin.then they learn and at last cash out from bitcoin.
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December 19, 2017, 03:02:21 PM
 #140

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.


I agree with this explanation. How can you teach a child about bitcoin if he / she is not interested on the topic itself? So, in my own idea about this, if you are teaching a 7 years old child about bitcoin you may used any strategy or a technique that can catch his or her attention. It may be a kind of game, a puzzle that is connected to bitcoin.

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December 20, 2017, 04:08:21 AM
 #141

I think that's the difficult thing to do.. because 7 years old child want is just to play some child games but it depends on child if that kid has talent
Well it is not just about kids and children it is easier to explain bitcoin to children then to explain to elders and high level people. In past bitcoin wan not very common but now it is getting famous and people are buying it more because of good and simple past of bitcoin users. I know now children are taking good interest in bitcoin because it is not very tough to use and to hold longer now.
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December 20, 2017, 07:30:42 AM
 #142

I think that's the difficult thing to do.. because 7 years old child want is just to play some child games but it depends on child if that kid has talent
Well it is not just about kids and children it is easier to explain bitcoin to children then to explain to elders and high level people. In past bitcoin wan not very common but now it is getting famous and people are buying it more because of good and simple past of bitcoin users. I know now children are taking good interest in bitcoin because it is not very tough to use and to hold longer now.

Children can understand things if it's fun like android app games where they can be teached easily while btc is a bit complicated and it's about financial.
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December 20, 2017, 10:28:51 AM
 #143

I think that's the difficult thing to do.. because 7 years old child want is just to play some child games but it depends on child if that kid has talent
Well it is not just about kids and children it is easier to explain bitcoin to children then to explain to elders and high level people. In past bitcoin wan not very common but now it is getting famous and people are buying it more because of good and simple past of bitcoin users. I know now children are taking good interest in bitcoin because it is not very tough to use and to hold longer now.
yes, it must be very difficult to explain bitcoin in children. sometimes they still have trouble understanding the real lesson. what about digital objects like bitcoin? surely they will be more difficult, except children who have the ability above the average.

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December 20, 2017, 10:34:24 AM
 #144

The easiest way is always by analogy. bitcoin is the virtual money in the virtual wold. I think it helps kids to understand what bitcoin really is.
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December 20, 2017, 10:40:10 AM
 #145

I think so, bring the BTC closer in life. The simpler the closer the stimulus is to learn, when the passion is self will study passionately.

Well can I ask if it is necessary to teach 7 year old child ? Cause we all know that the capability of a child to understand and learned this kind of platform which involves huge amount of money and technical properties is not the right time for them to deal with. I hope this will not hurt you.


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December 20, 2017, 11:00:49 AM
 #146

Before explaining and teaching the child under 7 years old it must have to ask them if they really like about bitcoin and asking about there future because children the number one doing is gaming spending time with a happiest moment in there life. 
If the child considered your offer you must teach and explain in a basic first. About reading the words and understanding about words.

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December 20, 2017, 11:21:27 AM
 #147

I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
The easy way to explain and teach bitcoin is to start through its history, how it really begun and who developed it in the first place. We must explain the vision behind every success of bitcoin in the digital world. How this entire monetary system innovation will take a very important role in the economic development in the future. If they find this fact so interesting, they will make personal study on bitcoin for sure.
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December 24, 2017, 11:51:40 AM
 #148

Easy way to explain and teach bitcoin is one by one means explain from the start to what is bitcoin and how to earn bitcoin?.2nd explain how to create an account and how to register.3rd is if you want invest or you want no invest to earn money.4rth is what to doing how to earn bitcoin to the site join.5th is to what wallet address to use if you finish your campaign or you doing activity.
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December 24, 2017, 06:50:30 PM
 #149

For consistency;
For the adults:
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin's value is worth over $300 billion USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.

Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold)

Good to hear people are finding this thread helpful.

Please comment.

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December 24, 2017, 07:29:46 PM
 #150

Find in youtube u will get easy way to explain bitcoin animation videos and many you tubers explaning how bitcoin work
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December 24, 2017, 07:37:08 PM
 #151

In fact, Bitcoin is not too difficult to tell, practically we must be plain to tell and teach Bitcoin. First we have to start with the DNA sample, so blockchain is not really an original technology. DNA and blockchain are very similar things.

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December 24, 2017, 08:35:57 PM
 #152

children are hard to get their attention because they like pure games.So to get their attention to teach them bitcoin i will show a video how bitcoin work in that way they will engoy watching at the same time they understand bitcoin than they just listen to me.But i think 7yrs.old children is not time to involve in bitcoin.

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December 24, 2017, 08:59:47 PM
 #153

We’re sitting on a park bench. It’s a great day. I have one apple with me. I give it to you. You now have one apple and I have zero. That was simple, right? Let’s look closely at what happened: My apple was physically put into your hand. You know it happened. I was there. You were there. You touched it. We didn’t need a third person there to help us make the transfer. We didn’t need to pull in Uncle Tommy (who’s a famous judge) to sit with us on the bench and confirm that the apple went from me to you.
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December 24, 2017, 10:13:03 PM
 #154

Find in youtube u will get easy way to explain bitcoin animation videos and many you tubers explaning how bitcoin work

Please no. I have been browsing through Youtube a lot searching for content with value, but what I have seen is nothing more than idiots promoting cloud mining, and platforms like Bitconnect that are obvious schemes. Even the explanation videos are quite awful to watch as they 1) spread nonsensical information, and 2) in quite some cases have a (paid?) bias. Till this day the best thing to do is to learn everything from scratch and completely ignore anything having to do with Youtube. As long as you can figure out the basics of Bitcoin on your own strenght, you'll surely figure out the rest not long after that - everything takes time, and understanding Bitcoin is definitely not an exception.
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December 24, 2017, 10:56:59 PM
 #155

It's really easy to understand when you are watching the videos on how to use a bitcoin. Speacially to trade,. But for most and for all it's not really indeed to teach the person who under 7 years of age. They don't know yet to manage the money, then how they become a genius from bitcoin world. It is better to teach a years starting from teenagers. And not the 7 years of age.
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December 24, 2017, 11:17:43 PM
 #156

I took seriously when it comes to bitcoins investment, When it comes also to teaching bitcoins with kids, the best motivation i ever think is to treat them in a cafe or some magical place where kids appreciate the significance of Money in real life scenario. Then this is the right time to take their attention to get in touch with bitcoins.
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December 24, 2017, 11:23:49 PM
 #157

That's such a unique and quite understandable way to explain bitcoin.
But it's not really complex, or include all things, just the basic, quite good for a 7 years old kid but not if you want to explain it to a teen or adult.
For me, the easiest way to explain bitcoin is telling them what i know about bitcoin, and maybe let them look when i'm working on my bitcoin, so they can experience it directly and understand it a little more.

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December 25, 2017, 05:10:12 AM
 #158

it's really easy to make people understand, I think it's work not only for children but also work to teach for the elder. I tried explain to my bae and yeah she starting to understand what the hell bitcoin is.
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January 12, 2018, 05:27:37 PM
 #159

one of the best way to explain bitcoin is to start to explain Blockchain and functionality of the blockchain open source transactions with public ledger then comes speed of transactions and fees which mining and hardware equipment
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January 14, 2018, 11:19:43 PM
 #160

The best way to explain Bitcoin is through explaining money and then taking that person to the technology used behind Bitcoin. Nevertheless, the best way is to explain it all in terms that are easy to understand.
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January 14, 2018, 11:24:10 PM
 #161

Childs are very interesting creatures, sometimes they do understand the most complex things with a few words and vice versa for the basic things, so I guess it depends on child`s brain how to teach the btc to them.
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January 14, 2018, 11:27:16 PM
 #162

Actually this is not just for 7 year olds. You can even teach this to elderly or middle aged people who are not tech-savy, this is actually good. The analogy is great and easily understood. Thanks, I'll try to teach other people about btc base on this story

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January 14, 2018, 11:34:07 PM
 #163

Each everyone of us has a skills and people will absorb that if he wanted to know how to use bitcoin. First comes first the target of bitcoin is the banking system which are the most problem of 'monetary system'.
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January 14, 2018, 11:43:59 PM
 #164

The easy way to explain and teach bitcoin is by first making the person understand the idea behind the bitcoin and crypto currency at large. Then also explain the working principles of bitcoin. When he or she understands these two things,then he will fully get what bitcoin is all about.
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January 14, 2018, 11:59:06 PM
 #165

The best way to explain Bitcoin is through explaining money and then taking that person to the technology used behind Bitcoin. Nevertheless, the best way is to explain it all in terms that are easy to understand.
To me I think that internet is the best way through which we can explain bitcoin to some one. In fact you can find any kind of information about on net, a number of sites are there through which we can find out important information about bitcoin. Social media is also an important tool for explain bitcoin as people are doing discussion a bout bitcoin and they providing important information also. I thin one can also get important information about bitcoin from an expert person who have good experience in bitcoin.
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January 14, 2018, 11:59:35 PM
 #166

Childs are very interesting creatures, sometimes they do understand the most complex things with a few words and vice versa for the basic things, so I guess it depends on child`s brain how to teach the btc to them.
You are right. Their minds are still innocent. Some of them can learn quickly, and vice versa. They are very specific and critical beings. So it would be better taught little by little about digitalization technology.

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January 15, 2018, 12:13:15 AM
 #167

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

Just tell them what you really know about it no any more no less. Just be true about it so when they lose money they will never blame you because so say the pros and cons that they will experienced if they ever engage into bitcoins. Just first say all the good things about bitcoins and do not ever lie. And if they do not want it whatever you do about it. Just do not force them to joinnif they do not want to because if they really want bitcoins whatever you say they will join it anyways.
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January 15, 2018, 12:25:46 AM
 #168

Well i don't personally know about explaining it to a 7 year old but i can tell you when i explained it to my 8  year old daughter. I basically told her the basics of how there is only 21 million coins. I proceeded to tell her how just like with gold and diamonds, bitcoins have to be mined. Lastly i told her each wallet is like a bank vault and if you loose your private key you are screwed. She understood that and how it is secret money.

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January 15, 2018, 12:29:17 AM
 #169

Childs are very interesting creatures, sometimes they do understand the most complex things with a few words and vice versa for the basic things, so I guess it depends on child`s brain how to teach the btc to them.
You are right. Their minds are still innocent. Some of them can learn quickly, and vice versa. They are very specific and critical beings. So it would be better taught little by little about digitalization technology.
And for 7 years old the way on how they think are on playing and not in a way of how they may able to eqrn money better explanation also may not help so for me on a kid if igs may explaining this may not worth for.
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January 15, 2018, 12:45:44 AM
 #170

Through high technology nowadays I think explaining and teaching it for kids is a plus. Imagine us when we were kids, we learned to save our money by piggy bank. If a kid or your kid will somehow interested into BTC , why not let them do the basic too?
Childs are very interesting creatures, sometimes they do understand the most complex things with a few words and vice versa for the basic things, so I guess it depends on child`s brain how to teach the btc to them.
You are right. Their minds are still innocent. Some of them can learn quickly, and vice versa. They are very specific and critical beings. So it would be better taught little by little about digitalization technology.
And for 7 years old the way on how they think are on playing and not in a way of how they may able to eqrn money better explanation also may not help so for me on a kid if igs may explaining this may not worth for.
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January 15, 2018, 12:50:25 AM
 #171

Well i don't personally know about explaining it to a 7 year old but i can tell you when i explained it to my 8  year old daughter. I basically told her the basics of how there is only 21 million coins. I proceeded to tell her how just like with gold and diamonds, bitcoins have to be mined. Lastly i told her each wallet is like a bank vault and if you loose your private key you are screwed. She understood that and how it is secret money.

Just explain it to someone in the simplest words possible in a way that they can relate so that you can have the meeting of minds. Cryptocurrencies are new that's why there's a need for a careful explanation to it since a lot of news have been circulating and they are mostly focusing on the bad side. We know that media are biased since they are paid so those banks would spend a lot in order for the people to understand only the bad side of it and not thought on investing but people are smarter nowadays compared before because of social media so they cannot easily manipulate the news. Anyway, explaining it to someone may it be a 7 year old or not should always start with the basics and let them process it and let them ask a question so that we will know their train of thought.

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January 15, 2018, 12:50:59 AM
 #172

I believe the saying that, experience is the best teacher. So, if we had the chance to get involve and experience Bitcoin, it might be the easiest way to learn about this type of virtual currency. There must be efforts for us to learn, such as  doing research and timely updating ourself. I think these are the best way.

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January 15, 2018, 12:54:23 AM
 #173

Right. Because where evolving into high technology, I think letting our kids know the basic into BTC will be an advantage too. At their young age, they think that they're just playing into it but later on when they grow up, they will realize that their earning much. Teaching your kid into a simple way that's not confusing to them. The way that like your playing how to save money through BTC.

Well i don't personally know about explaining it to a 7 year old but i can tell you when i explained it to my 8  year old daughter. I basically told her the basics of how there is only 21 million coins. I proceeded to tell her how just like with gold and diamonds, bitcoins have to be mined. Lastly i told her each wallet is like a bank vault and if you loose your private key you are screwed. She understood that and how it is secret money.

Just explain it to someone in the simplest words possible in a way that they can relate so that you can have the meeting of minds. Cryptocurrencies are new that's why there's a need for a careful explanation to it since a lot of news have been circulating and they are mostly focusing on the bad side. We know that media are biased since they are paid so those banks would spend a lot in order for the people to understand only the bad side of it and not thought on investing but people are smarter nowadays compared before because of social media so they cannot easily manipulate the news. Anyway, explaining it to someone may it be a 7 year old or not should always start with the basics and let them process it and let them ask a question so that we will know their train of thought.
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January 15, 2018, 01:28:44 AM
 #174

At the age of 7 years I think is not the right age to get to know about bitcoin or the blockchain technology. But if you want teach the kids, first they have to know what money is and what its uses. Dan should use words that are easy to understand, but the best way to make them understand is give them an example of how to use the cryptocurrency try to buy something with bitcoin.
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January 15, 2018, 01:54:56 AM
 #175

I think the best way to explain and teach bitcoin is to let them experience it so they know what the benefits of bitcoin can be.
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January 15, 2018, 02:05:36 AM
 #176

I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
i so much agree with you money attract people so it's the best way to mention money first and so he/she will pay attention to you because it is so hard to discuss bitcoin if the person is not attentive or not paying attention. Also that person has the knowledge about computers. I've been introducing BITCOIN to my friends and i told them if they want to earn extra money they said yes but  so that's it they are now interested in bitcoin.
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January 15, 2018, 02:06:00 AM
 #177

If you are going to explain it to a 7 yearold. Use words that can easily be undestand and use simile and metaphors like saving in a piggy bank. But 7 is still an early age so teach them first about the fiat system for them not to be shocked about cryptocurrency.

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January 15, 2018, 03:22:36 AM
 #178

First of all, make sure you have internet connection, second explain and teach how to provide email address, and third go to bitcoin website and register, after finished registered teaching again how to post and also how to join campaign, investing and trading. Lastly must provide a coin wallet for the salaries and income.
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January 15, 2018, 03:28:42 AM
 #179

Easy way to explain and teach bitcoin is only possible if one is fully aware about the origin; working; current status of it.  In case I do not myself know completely about it  I will not be able to explain it to others.  Just deep knowledge about any issue makes man perfect teacher.  A learned man with good command over language can be able to easily explain the issue to others.

But for becoming a good teacher we have to see the level / standard of the person whom we are supposed to talk about bitcoin.  In case of a man who even never heard the name of bitcoin; we will have to be capable  and efficient to be ready to become first standard or say class one teacher teaching alphabets first of all and followed by how to make words with these alphabets and afterwards how to make sentences with the help of these words.  After one is fully aware about the language then he can understand mathematics; science; physics history etc and can gain full knowledge.

So in addition to having deep knowledge about the subject one must have the capability to check the standard of the person whom he is to teach.  On the other hand a person having knowledge upto to graduation levels needs to be dealt with differently; and need not tell him alphabets.



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January 15, 2018, 03:32:14 AM
Last edit: March 11, 2018, 11:39:38 PM by ivanst776
 #180

Learn bitcoin and blockchain by creating one.
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January 15, 2018, 03:49:12 AM
 #181

The easiest way to teach bitcoin except involving money is that actual lessons how and what to do infront of the screen. Specially for those has a low memory to understand by reading and searching only. Its depends too  how the people interested to learn about bitcoin. Its useless if you'll give your time for teaching when the people is not completely interested.

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January 15, 2018, 04:01:54 AM
 #182

Explaining bitvoin is like explaining networking once you show huge earnings with proof like payout history or paychecks lots of people get interested but after they see the risk involved more than half of them will hold back. If you want someone to fully understand what btc is start from explaining it as digital currency before going to being storage of value and investment

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January 15, 2018, 04:19:48 AM
 #183

first introduce him to the internet
let him understand the internet first, then we introduce bitcoin to them
we teach them how to mine, work, or trade?
but it's not possible for a child of their age, let them understand for themselves what bitcoin is and what its purpose is, as well as its usefulness
it takes a very long time of course Grin
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January 15, 2018, 04:23:44 AM
 #184


Well despite of the age of a person, we can convince and explain it to someone easily by just telling him how do we earn such profits in things that we do in the crypto world. Next, we must explain to them how it works and what circumstances is within the system using soft and understandable words. Lastly we must be oriented first about the multiple risks that is within it and how that risks turns out to be a profit.
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January 15, 2018, 04:23:51 AM
 #185

first introduce him to the internet
let him understand the internet first, then we introduce bitcoin to them
we teach them how to mine, work, or trade?
but it's not possible for a child of their age, let them understand for themselves what bitcoin is and what its purpose is, as well as its usefulness
it takes a very long time of course Grin

i think almost all the people in the world are already know how to use the basics of internet such as moving the mouse and toggling the browser to open it and make use of it. teaching them to mine ,work or trade isnt really the basics of bitcoin anymore therfor i think your methods arent going to work , you should rather teach them simple ways such as how to create their bitcoin wallet and finding their own bitcoin address or recieveing and also for sending ,etc and so on.
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January 15, 2018, 04:53:34 AM
 #186


Well despite of the age of a person, we can convince and explain it to someone easily by just telling him how do we earn such profits in things that we do in the crypto world. Next, we must explain to them how it works and what circumstances is within the system using soft and understandable words. Lastly we must be oriented first about the multiple risks that is within it and how that risks turns out to be a profit.

That is right but i will also like to add that demonstrating what you have made out of bitcoin and how the network runs to the newbie is the best in my opinion. "Action speaks louder than words" and so should they understand how your mine runs or, your investment in bitcoin grows will, put them in the right understandable and enticing way to get involved.
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January 15, 2018, 05:27:25 AM
 #187

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

It is a nice explanation about bitcoin but it does not show why we need bitcoin in the first place, you will need to first explain the history of currencies and explain why the fiat system is a fraud and that is not something I know a seven year old kid can understand, if the kid is inclined to activities like logical puzzles you may have a chance he comprehends you but all other kids will struggle to understand you.
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January 15, 2018, 05:29:36 AM
 #188

After researching a lot about thia bitcoin and its technology, i can say it in easiest way to understand by everyone i guess.
Bitcoin is a simplified eletronic codes under decentralized system and blockchain technology made by Satoshi Nakamoto couples of year ago to be a medium of exchange but unexpected happened, people start using it around the world and because of it being decentralize it possessed a high volatility and due to high demand its price is growing.
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January 16, 2018, 06:57:33 AM
 #189

You don't really need a 7 year old knowing about bitcoin. I mean it's great for added knowledge and everything, but isn't a kid that age too young to think about earning money? Then again if the child is interested you can tell about it, but if not then why bother. I think its wiser to tell the blockchain technology when he or she is ready to apply it in the real world.
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January 16, 2018, 07:11:54 AM
 #190

I am teach about bitcoins from google search then on this forum and bigger expirience on trying to use and make transaction.
I am spend around 100usd before understand what is the commisions and private keys

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January 31, 2018, 03:46:46 AM
 #191

Well we used to have a Barter System where we used to exchange goods with other goods such as Rice, Maze etc. But we used to give exchange it in Units such as gm, kg, Tone etc. This was back 300 Years ago now in this 21st Century.

Now, we have Developed a Technology where these exchanges can be Divided into small units. 1 Bitcoins can be divided into 1.00000000 units. This will help reduce the issue of Inflation because the system is designed to make Bitcoins to be finite as only about 21 million Bitcoins will ever be released into the system hence the inflation will not be much.
Transfer of money will be easy as compared to current situation. No extra payment needs to be done and no third party is required. You can even transfer your money through e-mail, Image, any Digital imaginable form.
This will also relief us from the Central Bank Monetary Policy. Which I couldn’t understood in details. If we don’t use the system(paper money) I believe we should not be oblige to pay taxes. What gov do in Short, First they Create Paper Money, Then it will be earn by the People, Then they say that the services which was used by you need to be paid for. Then will take back Certain percentage Back
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January 31, 2018, 03:48:27 AM
 #192

The easy way to explain and teach bitcoin is by first making the person understand the idea behind the bitcoin and crypto currency at large. Then also explain the working principles of bitcoin. When he or she understands these two things,then he will fully get what bitcoin is all about.
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January 31, 2018, 04:30:10 AM
 #193

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
There are many ways to teach kids about Bitcoin, you can Comparing candy bars like Bitcoin and having money to get them if more money will buy more candy, I think that if the right combination, children will understand very quickly. While many children have been very smart since they were not in school
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January 31, 2018, 06:03:57 AM
 #194

The best way to explain bitcoin to someone is to teach them the basics of bitcoin and let us show us the evidence we can earn.

I think practice is the best teacher. Or you can try a small amount of investment, slowly explore the bitcoin world.
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February 02, 2018, 01:35:39 AM
 #195

The best way to explain bitcoin to someone is to teach them the basics of bitcoin and let us show us the evidence we can earn.

I think practice is the best teacher. Or you can try a small amount of investment, slowly explore the bitcoin world.

This is a great idea.

Practice makes perfect.

As the OP of this topic, I'd like to re-iterate some other important points about Bitcoin;
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.

Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.

Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.

Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade

Above are just small examples.

First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.

Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
 
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.

Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold)

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February 02, 2018, 02:16:14 AM
 #196

You can show them your transaction history, and then tell them the concept of bitcoin, as well as your own profits, I believe people who have the heart to understand themselves to the relevant site to learn to understand.
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February 02, 2018, 02:29:58 AM
 #197

Bitcoin can explain even in a child with full knowledge about bitcoin. Teaching bitcoin to kids need full understanding,but i think we can teach it on a child who have interest to earn money because a child who age is 12 below are those who play games,we don't need to purse them to earn money in youngest age. Let us wait them to have an interest on it.

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February 02, 2018, 03:01:27 AM
 #198

You can show them your transaction history, and then tell them the concept of bitcoin, as well as your own profits, I believe people who have the heart to understand themselves to the relevant site to learn to understand.

Bitcoin is a figure. You can say that bitcoin is not something that Satoshi holds, but I think it is Nakamoto's print or put it out. Just say he put it out, did not hand in their own hands.
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February 02, 2018, 04:33:55 AM
 #199

It's easy to point out the bitcoin, especially if it's intuitive for you to learn because if people are not intimidated it can not be learned. Get involved with Bitcoin through the path of least resistance, by utilizing the tools designed to help beginners experience the Bitcoin and Cryptocurrency revolution taking place.
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February 02, 2018, 06:11:40 AM
 #200

Well we used to have a Barter System where we used to exchange goods with other goods such as Rice, Maze etc. But we used to give exchange it in Units such as gm, kg, Tone etc. This was back 300 Years ago now in this 21st Century.

Now, we have Developed a Technology where these exchanges can be Divided into small units. 1 Bitcoins can be divided into 1.00000000 units. This will help reduce the issue of Inflation because the system is designed to make Bitcoins to be finite as only about 21 million Bitcoins will ever be released into the system hence the inflation will not be much.
Transfer of money will be easy as compared to current situation. No extra payment needs to be done and no third party is required. You can even transfer your money through e-mail, Image, any Digital imaginable form.
This will also relief us from the Central Bank Monetary Policy. Which I couldn’t understood in details. If we don’t use the system(paper money) I believe we should not be oblige to pay taxes. What gov do in Short, First they Create Paper Money, Then it will be earn by the People, Then they say that the services which was used by you need to be paid for. Then will take back Certain percentage Back

Yes but globally fiat credit issuance is out of control. They issue so much fiat supply that it puts some of the worst altcoins to shame.

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February 02, 2018, 06:48:38 AM
 #201

It's easy to point out the bitcoin, especially if it's intuitive for you to learn because if people are not intimidated it can not be learned. Get involved with Bitcoin through the path of least resistance, by utilizing the tools designed to help beginners experience the Bitcoin and Cryptocurrency revolution taking place.

I don't that to push people to learn about bitcoin is a good idea because I think that they don't want to be forced to learn something that is new for them and it is better to let them decide to learn bitcoin or not. I am sure that if they really interested in bitcoin, they will learn more about bitcoin and if they have a question, they will ask us and they will have a passion to learn bitcoin. I think we need to tell them about bitcoin but not too details and makes them become curious with bitcoin and they have million question in their head so they will come to us and need us to teach them about bitcoin.

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February 02, 2018, 09:41:56 AM
 #202

The easy way to explain and teach bitcoin is by first making the person understand the idea behind the bitcoin and crypto currency at large. Then also explain the working principles of bitcoin. When he or she understands these two things,then he will fully get what bitcoin is all about.
Definitely when you don’t know about something you may be curious. And I always advice others to please use your in understanding only those people who have some curiosity about bitcoins. If they don’t give a concern about it, whatever you do in front of them, doesn’t matter. They will not be accepting any fact about bitcoins. What are they and how it all works, these two things must be explained well.
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February 02, 2018, 10:20:17 AM
 #203

I teach bitcoin by showing how it works and how to get it and what it does, teaching directly with the action in my opinion is very effective because they can see firsthand the evidence
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February 02, 2018, 10:26:05 AM
 #204

i started from youtube videos it's really an easy way to know everything
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February 03, 2018, 06:15:45 AM
 #205

I think there is no easy way in explaining bitcoin. Because people are to much negative about it and investing on it. But I think the best way on explaining on bitcoin is to show them first what you got and what you earn because of bitcoin. Because many of us did not believe when did not see any proof that you earn,even me I want to see that the business that I will going to open is feasible so I can prevent loss. Just make then realized that they need and extra income to help their family for the expenses and to reach their dreams and goals they can use bitcoin as a instrument.

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February 04, 2018, 07:29:17 AM
 #206

I think that to understand bitcoin, we should first know the specific operation of bitcoin. Therefore, the first task we should disseminate should be to tell those who want to learn how to operate bitcoin transactions and websites that know bitcoin related information.
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February 13, 2018, 09:27:08 AM
 #207

I think the easiest way to earn money on bitcoins is to invest. Does not require effort and time
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February 13, 2018, 10:19:27 AM
 #208

In an easier way to educate, Bitcoin is a kind of digitally-made currency, but is widely used right now as a mode of profit, although there are certain advantages that bitcoin could offer to its users, its high volatility rate is a huge drawback which causes some investors to sell their investments in fear of bitcoin being down. However, as long as we support and continue to invest in bitcoins we can be sure that bitcoin would thrive.
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February 13, 2018, 10:58:06 AM
 #209

You can show them your transaction history, and then tell them the concept of bitcoin, as well as your own profits, I believe people who have the heart to understand themselves to the relevant site to learn to understand.

I agree with that. And in my opinion, The easy way to teach bitcoin is to try and use it themselves. In that way, they will eventually learn from themselves. It would be more meaningful and undoubtful about what they can learn because they are using and benefiting at the same time.

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February 13, 2018, 05:15:56 PM
 #210

The easiest way to know about bitcoin is to explain to people how the benefits about bitcoin and to know there how to earn profit. At first its good to tell their to make some research about the bitcoin. And ofcourse the people who interested to know about bitcoin because its easy to explain a lot if they want an extra income.
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February 13, 2018, 05:31:04 PM
 #211

The easiest way to know about bitcoin is to explain to people how the benefits about bitcoin and to know there how to earn profit. At first its good to tell their to make some research about the bitcoin. And ofcourse the people who interested to know about bitcoin because its easy to explain a lot if they want an extra income.

If easy to explin to othe people. First you explain the bitcoin history. Then people wil be know the coin information then teach the bitcoin fourm. So it good information to easy to teach and people will be easy to understand and easy way to process and get more information. It connect the people so people share more information for future investment. Then tou get more ideas for the improve the business process.

 
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February 13, 2018, 05:32:31 PM
 #212

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

That;s really good content over there. I've watched the video, simple and straight to the point. I think this is the way for a beginner to start.
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February 13, 2018, 06:46:59 PM
 #213

I think that we should start with short but informative videos. And first you need to consider one branch, not to hammer down all definitions.
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February 13, 2018, 07:04:34 PM
 #214

Oh my god, that is absolutely fabulous way to explain Bitcoin! Not only will everybody understand I enjoyed every second of it. But I gotta say if you want to explain it thoroughly and true, I enjoy explaining everything about Bitcoin from the miners to the users. It is a fascinating process that I could get goosebumps from every time I go to explain it!  Smiley

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February 13, 2018, 07:12:17 PM
 #215

The best way to explain Bitcoin is through explaining money and then taking that person to the technology used behind Bitcoin.
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February 14, 2018, 10:27:04 AM
 #216

The best way to explain Bitcoin is through explaining money and then taking that person to the technology used behind Bitcoin.

this could be work if that person interesting with something new but if he doesn't want to know more, then I think we don't have to spend much time to that person and it is better to help other people. maybe we can explain the easy way like for example, we give the investment in bitcoin only without doing anything and I think he can receive this as bitcoin can also work on the investment.

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February 17, 2018, 04:14:22 AM
 #217

I will explain to a 7 year old child what s Bitcoin. What are the benefits derive from playing Bitcoin and explain to him that it’s similar to saving money in a piggy bank. But developed his explaining skills and become aware to our environment.
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February 17, 2018, 04:28:37 AM
 #218

The best way to explain bitcoin in a 7 years old is how to earn money from that age.  For just securing there future and be mature and responsible for spending its money to a good ways. Paying its school tuition to let them know more about our daily expenses be mature and wiser in terms of handling money.  And a bitcoin is a good investment that you can get a high profit from it.  Because bitcoin reall helps you to secure your future. I really admire bitcoin for changing lives of many people.kudos to bitcoin.

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February 17, 2018, 04:41:07 AM
 #219

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
for me,the best and easiest way for me to teach a child is make them interested. How?  bitcoin forum's page is not attractive for children so you should think another way on how your child will become interested in bitcoin. If you want to teach him, introduce it to him,never forget about money.  Tell them they can buy many toys and gadgets unlike the other kids. Do some kid talks to make them more interested and always guide them when they are in actual application of what you have taught. Do not expect them to learn all at first, explain bit by bit and eventually they will learn and become more interested. Always remember kids need to play so do not take it away from them.
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February 17, 2018, 04:45:33 AM
 #220

It's really hard to explain bitcoin to everyone because its so technical and for me one way to explain bitcoin is using object lesson like you have certain dress and explain it to them that when you join bitcoin your like wearing certain dress for couple of months till the campaign. another thing is through digital videos, and explain it and tell them that you can have money through it.

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February 24, 2018, 11:51:37 AM
 #221

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
It can be a good idea to share your knowledge about bitcoin but sharing it to a 7 year old child is much difficult to do, although in that old child can think but its mind is focusing on playing and curiousity about its environment so you are right to explain it in much easier way like using some words that easy to understand.

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February 24, 2018, 11:54:07 AM
 #222

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

Thank you so much for these information.  It really helps us specially to all newbies about bitcoin.
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February 24, 2018, 01:48:35 PM
 #223

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
its by watching videos often till he grab all, i think that should be better option, try it..
[/quote]
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February 25, 2018, 11:18:12 PM
 #224

I think the best way to explain and teach bitcoin to others is to let them experience it so they will know what are the benefits bitcoin could offer. And the best way to understand the whole bitcoin is to read everything about it and alsp the discussions. Maybe it will take time to be understood but i guarantee that it is really worth it.
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February 25, 2018, 11:26:35 PM
 #225

I think the best way to explain and teach bitcoin to others is to let them experience it so they will know what are the benefits bitcoin could offer. And the best way to understand the whole bitcoin is to read everything about it and alsp the discussions. Maybe it will take time to be understood but i guarantee that it is really worth it.
A 7 year old can't fully get into the conversation / discussion easily. He will have troubles of understanding terms or jargon that will be used during the discussion. Explaining to him alone can help him understand what bitcoin is and letting him watch some info graphic videos will also help to catch up what bitcoin is. Kids are more interested when there are pictures appearing discussing and explaining something about what he wants to learn.



 

 

 

 

 

 


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 ElonCoin.org 
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February 25, 2018, 11:37:52 PM
 #226

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
Onviously you cannot just tell them to invest into something into something that they dont really know so obviously the bitcoin is really to teach youre just going to invest and thenwait for the price to pump and then sell youre bitcoin easily you earn a profit but teaching is you need to convince them because a lot of fake news in tv brain wash the people.
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February 25, 2018, 11:48:52 PM
 #227

I find it a nice way of teaching/explaining bitcoin to a 7 year old boy/girl. But maybe somehow some kids may think about what you've told them literally rather than the concept of your story. Kids have different kinds of understanding so expect that not all of them will understand it quite enough.

True,  people do have different  understanding not all can easily get what you are telling and what does your explanation means. But i guess,  they will surely  understand  it by explaining more and try to reach their mind and try more efforts of explaining by giving them more videos about bitcoin.

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February 25, 2018, 11:50:19 PM
 #228

Show them all you transactions with bitcoin and the they will start to ask questions but don't forget to tell everything to them so they will not expect anything including the risk that we have here. Bitcoin is amazing and meant to be shared for, lets keep on spreading good news about it.
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February 26, 2018, 12:03:18 AM
 #229

Bitcoin can explain even in a child with full knowledge about bitcoin. Teaching bitcoin to kids need full understanding,but i think we can teach it on a child who have interest to earn money because a child who age is 12 below are those who play games,we don't need to purse them to earn money in youngest age. Let us wait them to have an interest on it.

Why do we need to explain bitcoin to child under 12 years old? Its nothing important.
Please be aware that the children is no need to know about bitcoin or whatever regarding financial. That is the time for them to play and learn in the school.
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February 26, 2018, 12:30:24 AM
 #230

I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
I agree to this way.May be , the best way and most practical one to explain or teach people is to involve them in bitcoin work. People can participate in signature campaign, social media campaigns,etc.After getting money from bitcoin business, they will be more interested in and will be easier to understand what bitcoin is, how it works.the next step they can join bitcoin community.
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February 26, 2018, 12:45:08 AM
 #231

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]



I'm agree to this statement "that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first" because we all know that people want money so that when they knew that they can earn to it they will be interested and they will decide to work on it.
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February 26, 2018, 06:21:10 PM
 #232

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
The best way to learn or teach anyone about bitcoin is to introduce BTC from childhood because it is the future currency and would be used by everyone in the future so everyone should know about the BTC and this could only be possible if BTC would be introduced as a compulsory subject in every school and college because youth are the only future of every country and they are the one who can take BTC to great heights. So I guess this would be the easiest way to teach about BTC.
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February 27, 2018, 12:56:10 AM
 #233

I'll explain btc on the easiest and best way I can that a 7 yr-old could understand. It would be easy if the conversation starts with money. Mostly, people are paying interest and attention when the topic discussed is about money or anything about financial matters. And I guess even a child would really show interest when they heard the word money, because maybe in their mind they can buy the toys they want, when they have money. In addition, it's also a good thing to start educating and training these young kids so they can manage well in the future.

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February 27, 2018, 01:02:45 AM
 #234

This sounds good, using some visual AIDS related to bitcoin, which must be easy to understand.

Some children may think about what you literally tell them, not your story.
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February 27, 2018, 01:10:33 AM
 #235

Oh-uh I think that's too young.
I believe that they'll see it as a boring thing.
But for me, what you can do is to explain what the child needed.
For example, try to ask him/her on what are the things you wanted to buy, then teach him/her how to earn to achieve the goal.
Make everything simple and luring for kids at the same time.

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February 27, 2018, 01:11:38 AM
 #236

They can easily adopt bitcoin if you give them proper knowledge to begin with, you can also show them the proof of your income so that they will have motivation and it will eager them to study hard to learn the basic of it. It is hard for someone to learn if they are not totally interested, but if that person badly want to learn they can achieve it fast if they have perseverance. It takes time to learn bitcoin because there is no shortcut to it, you must read everyday in order to get some more knowledge.
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February 27, 2018, 05:55:00 AM
 #237

A good analogy. bitcoin should be teached by all peolpes in the world.
so the next generation will know about bitcoin and cryptocurrency well.
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February 27, 2018, 06:31:31 AM
 #238

In teaching bitcoin to young learner, first get his /her attention,interest in earning money, if you mention a word money, it comes up to their mind that money is use to buy things, so the child eager to learn about bitcoin so that he /she can buy what he wants. Thats the time for you to explain what is bitcoin all about,just use basic simple words in explaining so that he can undetstand easily., much better also if you let him watcy related videos about bitcoin.
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February 27, 2018, 06:54:06 AM
 #239

I don't that to push people to learn about bitcoin is a good idea because I think that they don't want to be forced to learn something that is new for them and it is better to let them decide to learn bitcoin or not. I am sure that if they really interested in bitcoin, they will learn more about bitcoin and if they have a question, they will ask us and they will have a passion to learn bitcoin. I think we need to tell them about bitcoin but not too details and makes them become curious with bitcoin and they have million question in their head so they will come to us and need us to teach them about bitcoin.

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February 27, 2018, 09:00:40 AM
 #240

I try to explain about bitcoin with a simple method. I use bitcoin for the investment section because I think people love to hear about the investment and they will try the investment although they want to try with a small amount. I can tell them to use their money at least once in a monthly but they keep doing this for 6-10 months and don't use it for anything or they can use it to buy other coins. and once 10 months asked them to calculate how much money they make.

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February 27, 2018, 09:03:53 AM
 #241

I have tried to tell my son about bitcoin. He is 9 but he didn't seem interested so he didn't understand anything. I am going to wait few more years
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February 27, 2018, 09:16:53 AM
 #242

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

I think age 7 is very young to learn about Bitcoin investment except for the symbols and letters. This age should enjoy to play games or should focus minor school learning so that their mind will not be early  pressured because for me Bitcoin is belong for adults in which a risky activities which requires matured intelligent because it involve in very critical decision making. Maybe highschool age will fit.
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February 27, 2018, 09:26:41 AM
 #243

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

There is no way a 8 year old can understand how the cryptocurrency work. There is always a right age for everyone to know about cryptocurrency and that will probably on their way to college when they are teenagers because they become more serious in life.

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February 27, 2018, 09:27:31 AM
 #244

I have tried to tell my son about bitcoin. He is 9 but he didn't seem interested so he didn't understand anything. I am going to wait few more years
Yes, it is really difficult for them to understand it especially when they are not intersted in this thing. It is also not compulsory to teach bitcoin to anyone, they must need to learn first about this for them to become interested because if ever they know the uses of bitcoin then they understand about this then they can be attractive in this transaction and must try theirselves to join in this.
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February 27, 2018, 09:47:11 AM
 #245

For me,by simple telling them the meaning of bitcoin is the first step that i will tell them to teach bitcoin, second is the uses of bitcoin, on how they use it in their daily living, the third is how they will get or earn bitcoin and the last is what bitcoin can do in their daily living when they are become successful in bitcoin.
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February 27, 2018, 09:51:07 AM
 #246

To teach bitcoin to newcomers completely ignorant of bitcoin I think it will be very difficult, they do not know about bitcoin, they think we fooled them, in order to appropriating their property. I have seen this case, I think we should introduce bitcoin to our brothers in our house, or close friends. They can believe us. If you now open a bitcoin class, there will be very few participants.
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February 27, 2018, 09:51:59 AM
 #247

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
Everyone of us are fast learner, because their are internet or social media that guide us, especially bitcoin its easy to us to learn bout bitcoin. So everyone are using internet all over the world using internet because thats the way to earn money from bitcoin.
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February 27, 2018, 10:19:32 AM
 #248

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU

There is no way a 8 year old can understand how the cryptocurrency work. There is always a right age for everyone to know about cryptocurrency and that will probably on their way to college when they are teenagers because they become more serious in life.

You're quite right mate and for me, in that early age of a child is not the time to teach bitcoin if how it works because most of several children are always looking for fun. I guess this topic might get bored of them if we really forced to teach them how bitcoin works. Aside from that let us children to be a child because time will come if they will responsible enough, then they themselves will look for bitcoin to make them learn of it.
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February 27, 2018, 10:22:30 AM
 #249

You can use social media and you can also watch how to use bitcoin on google and you can also search in google about the informations in bitcoin
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February 27, 2018, 10:27:44 AM
 #250

I liked the comparison. In my opinion, one of the best. Now I know how to explain it to my friends. Thank you.
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February 27, 2018, 10:29:00 AM
 #251

I do not think that there is any need to teach bitcoins to a 7 year old. When he starts earning, he will learn on his own about savings and investments.
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February 27, 2018, 10:42:09 AM
 #252

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.

I do not understand that what is the need of teaching a 7 year old about bitcoins. By the time he will reach 20-25 and start earning, bitcoin might have disappeared.
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February 27, 2018, 10:51:48 AM
 #253

For me the easy way to explain and teach Bitcoin to someone is to get their interest first, to do that you have to show them first what you already got from it. It will also be a proof that it is real, make they feel excited to know more about it because they also want something for themselves. It's easier once you ignited their interest.
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February 27, 2018, 10:53:48 AM
 #254

I am curious to find out who wants to learn about bitcoin at the age of 7. Children I know are too young for this

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February 27, 2018, 12:11:02 PM
 #255

That's a great concept and I do believe that learning from the actual experience would also help to understand the whole process of bitcoin transaction from start to end for anyone who can use the computer.

I appreciate the Australia's efforts in this area,

* Australian Primary School Students Explore Bitcoin and Cryptocurrency Technology.

Catch them young mantra would definitely work in the long run and it will also help students to deal with the concept of decentralization/democracy.
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February 27, 2018, 12:14:17 PM
 #256

I think that the easiest way to explain crypto currency to children is buy explaining them the basics first and using familiar worlds to explain to them the concept of crypto currency. In that way they can already have an idea about what cryto really is.

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February 27, 2018, 12:24:07 PM
 #257

That's a great concept and I do believe that learning from the actual experience would also help to understand the whole process of bitcoin transaction from start to end for anyone who can use the computer.

I appreciate the Australia's efforts in this area,

* Australian Primary School Students Explore Bitcoin and Cryptocurrency Technology.

Catch them young mantra would definitely work in the long run and it will also help students to deal with the concept of decentralization/democracy.
There are many ways to explain and teach bitcoin if you just put in your words in reality and facts examples. Based on my experienced, I let the person have a background about bitcoin or simply ask him or her about it. Then, the rest would follow through the things that they've researched about bitcoin terms and meanings. For we all know that everything is so deep. So chances are, the person will be more attentive and will have clarity when I'm about to explain something so we will just interaction afterwards like questions and so on. All in all that's the easy way I can offer for a newbie who wants learn about bitcoin.
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February 27, 2018, 12:26:40 PM
 #258

It's easy to explain and teach the bitcoin is telling what is bitcoin and view the forums and start a discussion and from there it is easy to explain and teach and after that try to see how to get it and so the bitcoin must frequent discussions in order to easily teach and explain the bitcoin.
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February 27, 2018, 04:39:53 PM
 #259

For myself, I love Blockchain technology and its application is cow milk management, a simple and effective application. To explain about BTC I would start with cow's milk with Blockchain technology, when he understood and was interested I would talk about similar things using this technology, including BTC.
I think the way to get the most out of Bitcoin is to show them Bitcoin in the market or to get them directly involved in Bitcoin. There are many ways people do not know. Bitcoin is more comfortable to access, but first, you need to tell them what the investment is and what the virtual currency is.

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February 27, 2018, 05:05:31 PM
 #260

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

If you are planning for your child to become an investor of cryptopcurrency or to be knowledgeable about how the blockchain works then the best time is college since most of the student in college are already serious about what they are doing in their life.

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February 27, 2018, 05:10:29 PM
 #261

Well, that's a great explanation for children. But I think that they will fast get annoyed and you might lose their attention. So I suggest to show them some videos on Youtube for example, which might look like funnier.
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February 27, 2018, 05:19:14 PM
 #262

Basically, explain bitcoin is not at all easy. If they are teenagers and youngsters we can explain detailed and teach them with the help of comparing crypto value chart. And introduce crypto as a compulsory subject to the teenagers to spread information about this amazing investment option.
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February 27, 2018, 05:28:04 PM
 #263

I never feel that there is any need of teaching a 7 year old child about bitcoin.But,if you want so, you must keep in your mind that you will only explain simply to him what bitcoin actually is.Like in a word,bitcoin is a digital currency which can be used through the help of Internet. Then you can teach the value of saving giving example of bitcoin.I think that would be enough.

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February 27, 2018, 05:28:31 PM
 #264

7-year-old child of course too early to know about bitcoins and cryptocurrency ,as it has no need to earn money. But you can try to teach this to teenagers, it will be more important for them, although again, they do not have their own funds for investment...

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February 27, 2018, 05:29:41 PM
 #265

Best teacher or teaching method is our self-experience. Give them the basic information about bitcoin and other cryptos. And force them to experience this investment. If they gain something from this then they will never step back from this crypto investment.
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February 27, 2018, 05:32:21 PM
 #266

Wow to that! It is a new way of easy approach to introduce bitcoin to a child. It looks like very compact detail in a simple manner of discussion that at the end it shows the owner and author of robot "bitcoin." Nice.
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February 27, 2018, 05:32:46 PM
 #267

Best teacher or teaching method is our self-experience. Give them the basic information about bitcoin and other cryptos. And force them to experience this investment. If they gain something from this then they will never step back from this crypto investment.
Honestly, I did find bitcoin as hard to understand during those months that I am still newbie and just exploring things out, it is just that I love what I am doing, exploring net and making research and the possibility that my life will change because of this and no matter what I don't know what Economics means and digital currency I push myself and won't let myself not to know this one until step by step I have learned and sharing my knowledge with my friends as well.
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February 27, 2018, 05:50:12 PM
 #268

I think that teaching seven-year-olds bitcoin is just a PR move to attract attention. But in fact, your method may well be useful for people who can not understand how bitcoin works. For example, elderly people.

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February 27, 2018, 06:38:02 PM
 #269

For me the easy way to explain and teach Bitcoin to someone is to get their interest first, to do that you have to show them first what you already got from it. It will also be a proof that it is real, make they feel excited to know more about it because they also want something for themselves. It's easier once you ignited their interest.

Exactly, those interested and open minded about bitcoin. Well, I met those people didn't believe in bitcoin at first but eventually after we have a money they believe it and some of them didn't believe due to their pride and saying negative thoughts about bitcoin. All what I do as of this time, I entertained those people that are interested but those are didn't interested ,I'll just ignore them and just let them see my way of living changing as time goes by.
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February 27, 2018, 07:08:37 PM
 #270

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
There are many ways to teach others about Bitcoin as telling them to start participating in virtual currency investments in areas such as market analysis, volatile monitoring, and so on. Besides, we can mention showing them how to join so they have an investment experience and know more about Bitcoin.

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February 27, 2018, 07:27:01 PM
 #271

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
There are many ways to teach others about Bitcoin as telling them to start participating in virtual currency investments in areas such as market analysis, volatile monitoring, and so on. Besides, we can mention showing them how to join so they have an investment experience and know more about Bitcoin.

I explain blockchain's importance first and then the rest is becoming easier for them. Try this as well, it works to explain bitcoin.
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February 27, 2018, 09:50:06 PM
 #272

For children it's hard to get their attention because they love pyramid or mummy games, in order to get their attention in teaching them bitcoin can show a video how bitcoin works and they will watch at the same time they too understand bitcoin rather than just listening to me but children at the age of seven are not the time to engage in bitcoin until they are teenagers later. Cool
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February 27, 2018, 09:59:27 PM
 #273

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote] It's easy to point out the bitcoin, especially if you want to teach it so easy to remember or gets what you are teaching because when the person you are teaching is not interested, it will definitely not come to her mind and that it will not cure your teachings. so when who needed to teach a person there is need for determination and eagerness to learn.
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February 27, 2018, 10:02:40 PM
 #274

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

7 years old does not really like to listen on a very hard things to understand and in order to know more about cryptocurrency then you need to have a deep understanding about block chain so there is no way for a 7 years old to understand the concept of block chain and marketing.
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February 28, 2018, 09:58:33 AM
 #275

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.

I do not understand that what is the need of teaching a 7 year old about bitcoins. By the time he will reach 20-25 and start earning, bitcoin might have disappeared.
The main reason why bitcoin should be teach to the children is that in this age children got very sharp mind they can easily get whatever you will teach them. Even child expert says the age of 7 is he age when children can learn more than 7 languages, so in short if you will teach them bitcoin at this time they will easily get your concept of bitcoin and in future will be able to invest or use bitcoin to earn money. So they will be able to afford their own expenses so teach them and tell them the easy way of getting money through bitcoin,

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February 28, 2018, 10:07:43 AM
 #276

If you are going to teach it to the child who is 7 years old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who is very curious but only few.
But if I think 7-year-olds are too early to teach Bitcoin. I know age does not preclude learning Bitcoin. But should the child of that age let him enjoy first periods of play with his friends?
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February 28, 2018, 10:12:28 AM
 #277

If you are going to teach it to the child who is 7 years old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who is very curious but only few.
But if I think 7-year-olds are too early to teach Bitcoin. I know age does not preclude learning Bitcoin. But should the child of that age let him enjoy first periods of play with his friends?

But we need to teach bitcoin to the children in their early stage gives them a clarity and a hope about bitcoin in their mind it will tune their future in good way to earn easily with theur knowledge about crypto currencies ,all are not intelligent in our world that's why we teach in child level they understand about bitcoin in future .
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February 28, 2018, 02:47:09 PM
 #278

take some examples which could be understood by the children of age 7 years. use videos or graphics to teach them as children are found of animation and photos. relate it with their daily life activities which are very easy to understand by them.
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February 28, 2018, 02:52:12 PM
 #279

I think it's best to explain it easy at first and then let them experiment with it. Maybe watch a short video first.

Tell them also WHY it's going up in value and don't focus too much on the code and all

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February 28, 2018, 03:14:58 PM
 #280

To improve the bitcoin of knowledge it is necessary to participate in our forum to keep abreast of all the news and then you will not need to climb different guglam and yandex to get information.
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February 28, 2018, 03:20:12 PM
 #281

I think the easiest way is to give the bitcoin knowledge slowly and not forcing. If you overpower them then they will not like this. They will understand and understand slowly. You can help them as well as doing them in children.
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February 28, 2018, 03:35:14 PM
 #282

There is no easy way to explain or teach bitcoin if the listener is not interested.If that person doesn't have the guts or the motivation in learning some ways to earn money then, we gotta do it the hard way. I suggest that when teaching it to an adolescent, first you gotta give some intro about how bitcoin can give you a large cash, it will certainly boost their curiosity on it or just show them what you just bought by using BTC.

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February 28, 2018, 06:06:48 PM
 #283

To easily explain to others what bitcoin is, it is better to watch to them some videos regarding to bitcoin.
After that, explain to them little by little about bitcoin and the advantages and disadvantages on it. Let them, to ask you some question as a proof that they really understand what are you talking about.
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March 01, 2018, 05:44:49 PM
 #284

I study bitcoin, see how it works and how it gets taught right from the action in my opinion are very effective because they can see firsthand evidence
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March 02, 2018, 02:55:11 PM
 #285

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
In trading Bitcoin we must have a goal so as not to be confused, because like beginners, especially Bitcoiner Idealis often confused must collect Bitcoin or profit in selling Bitcoin. If you are already a Bitcoin Trader then you have to bury the soul of your Idealist Bitcoin deeply.
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March 02, 2018, 07:22:43 PM
 #286

you can make a tutorial video since we are living in a high advanced technology world. Through making some videos you can keep with touch to those person to explain briefly the essence and applications of bitcoin.
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March 02, 2018, 07:36:05 PM
 #287

You have just made my life a hell of allot easier. The power a good metaphor has to solidify a though in your head is amazing
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March 08, 2018, 11:11:08 PM
 #288

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote] The easiest way to explain bitcoin is to share your knowledge and experience to the people about bitcoin.Because through your testimony I think many people will be encouraged to use bitcoin because bitcoin is truly helpful.
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March 09, 2018, 04:29:09 AM
 #289

I think children should be hard to explain. They don't have enough knowledge to support them to understand Bitcoin. Their investment thinking should not yet have formed. So I don't think it is necessary for children to step into the investment market too early. I can tell them that there are bits. The currency is such a thing, but it cannot really force them to learn.
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March 09, 2018, 04:33:03 AM
 #290

     You know there is a child which is easy to understand with their younger ages. A 7years old child can easily learn about everything because childrens are open minded. So,just told them about bitcoin and how to use it step by step. Don't force them to learn immediately but give them time to learn step by step.

Because it spans different areas such as technology, games, and economy, it is easy to go beyond the cognitive category of practitioners in a certain field. With bitcoin's wealth effect, few people dare to make the next decision on the blockchain. From a technical perspective, it is an innovative application of P2P network + cryptography; in terms of game theory, it creates competition and motivates users to invest in the best resources; from the market principle, it uses invisible Hand to regulate the market.
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March 09, 2018, 04:42:31 AM
 #291

I think so, bring the BTC closer in life. The simpler the closer the stimulus is to learn, when the passion is self will study passionately.
For me the easiest way to teach bitcoin to the toung ages is start in social media. Their are a lot of social media, now a days more of young people are easy learner because they know everything in internet. So when you introduced bitcoins to them just used the social media.
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March 09, 2018, 05:00:28 AM
 #292

What I will do is explain the origin of Bitcoin and explain how Bitcoin works. If the learner is very interested and very eager to learn, I'm sure people will easily memahai it because I think this technology will be quickly understood if we want to learn it. By providing an understanding of the benefits we can get from Bitcoin, I'm sure people will be interested in this crypto technology.
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March 09, 2018, 05:04:27 AM
 #293

I think all those years of dumbing it down for people has finally given you a great answer. For me the easier way to teach bitcoin to want know bitcoin is started in social media. Their are a lot of social media, now a days more of young people are easy learning because they know everything in internet.
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March 09, 2018, 05:07:22 AM
 #294

the easy way to explain and teach Bitcoin is thru graphics and audio-visuals. retention to images is higher than written language
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March 10, 2018, 01:44:04 AM
 #295

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

It is a great analogy and a good way to explain bitcoin to a child. However, you just waste your time explaining it to a 7-year-old child because they will have no interest in it anyway and for them it is just a piece of story like their parents told them. It is better to teach bitcoins to college students because they already understand how money works and relate it to bitcoins. They have the means to utilize their knowledge in bitcoins and make it as a living as well as a means for them to have extra money to pay for their tuition fees and support their studies. I also hope that knowledge about bitcoins will spread so that people who really needed money will have it.
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March 11, 2018, 11:40:06 PM
 #296

The terms that we hear in the news and online are much more sophisticated if we compare when we first heard about bitcoin and blockchain.
A good article that I've read recently has to do with the understating and learning the Blockchain by Building One! https://hackernoon.com/learn-blockchains-by-building-one-117428612f46
And to explain bitcoin to others is not easy but is not hard too, you have to introduce them to digital money, explain the current e-banking and how the money is transferred online through banks and then come back and explain the differences between banks and bitcoin&blokchain.
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March 11, 2018, 11:42:30 PM
 #297

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

This is a good explanation and very clear but nothing can be clearer than a good videos and you can find it a lot of it on Youtube, actually Youtube is my good source if I want to explain what Bitcoin to my friends and business partner it's easy and fun.
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March 11, 2018, 11:49:47 PM
 #298

the easiest way if according to experience and what I feel and get from my colleagues ..ie learning while practicing and a teacher must be patient to repeat the remarks if the students see not understand.
and most importantly the teacher should instruct his students often to read
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March 11, 2018, 11:59:27 PM
 #299

the easiest way if according to experience and what I feel and get from my colleagues ..ie learning while practicing and a teacher must be patient to repeat the remarks if the students see not understand.
and most importantly the teacher should instruct his students often to read
I do not think that there is any rocket science in bitcoin introduction, you can introduce bitcoin to people through different ways, you just need to have some good knowledge about bitcoin so that you can introduce bitcoin to them in a more good way. I myself started introducing bitcoin to my family. I also introduced bitcoin to my friends and now got a very good response from them.
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March 12, 2018, 07:59:34 AM
 #300

The language of Bitakayana is simple,fluent,pragmatic and understandable in all langues.Every word of complex should be interpreted as explained.Bettakayana each video to be closely monitoned.Do research on Bitcoin information.
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March 12, 2018, 08:05:45 AM
 #301

Iit depends to the person you are reffering.If the person is a child you can use your words with simple that the chikd could easily understand you.If the person is adult then,you can make it to an easiest way that makes him comfortable.I would talk similar things using this technology including bitcoin.

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March 12, 2018, 08:39:13 AM
Last edit: March 12, 2018, 02:48:29 PM by josephpogi
 #302

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
Yeah, agree to all commentors, it really depends on deep understanding they have to learn every words you say or you teach to them. Honestly, bitcoin is just an easy thing but very hard to earn although there are tons of ways to earn every step is a hard one. I studied bitcoin for about year and tried many things to work out and finally it worked.
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March 12, 2018, 08:44:00 AM
 #303

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

I believe we don't need to explain the tech behind bitcoin too much in detail as that is what is confusing people at the first place. Just need to tell them this is the currency backed and run by people
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March 12, 2018, 08:58:00 AM
 #304

To explain and teach, it is better to use words, which are easy to understand them, and explain also by how they work, because for some people it is easier to understand them when included with how it works. perhaps by teaching him through, his theory and working manner will be faster to understand.

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March 12, 2018, 09:10:17 AM
 #305

We can explain bitcoins to other people easily in terms of sharing videos to them in that ways the can easily understan the concept and essence of bitcoins.

I think there is no easy way of explaining and teaching how to use and what is bitcoin. This thing needs time and process to come up to a more professional outcome. It needs to be done carefully, especially people always doubt what bitcoin can do.
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March 14, 2018, 08:16:54 AM
 #306

We can explain bitcoins to other people easily in terms of sharing videos to them in that ways the can easily understan the concept and essence of bitcoins.

I think there is no easy way of explaining and teaching how to use and what is bitcoin. This thing needs time and process to come up to a more professional outcome. It needs to be done carefully, especially people always doubt what bitcoin can do.
Well if someone have such guts to teach and explain what are bitcoins and how they will be used to earn money, still the person is himself eligible to take a start. No matter how better your instructor would be, if you are not getting it and then not practicing it carefully, all his efforts would be all-in-vain. Grow up, learn, read articles, go through this forum, and then practice it.
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March 14, 2018, 08:23:17 AM
 #307

In my opinion, let's see the profit from investing in the first bitcoin, in terms of economic psychology, then explaining what is BTC, blocktrain technology, explaining the value that BTC will bring. in the future, such as fast transactions, costs will,
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March 14, 2018, 11:43:08 AM
 #308

Bitcoins differ from conventional currency in that registries are not stored centrally in banks and payment systems, but simultaneously on all computers that are occupied by bitcoins.
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March 14, 2018, 11:55:02 AM
 #309


In many parts of the world there are many ways to use bitcoin and different methods of using it.
Since then, in the Philippines there are different ways in which they work in other countries and in the Philippines.
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March 14, 2018, 12:07:35 PM
 #310

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
Well, Bitcoin is a currency, unlike the normal fiat, it is not tangible, that is why it is called digital currency. It was brought by a technology called blockchain, which is decentralized. Bitcoin is an optional tool for exchange of value and services, so it can be a subject for investment that can give you a promising decent return, because of its volatility. The coverage right now is still on its growing stage, but gaining popularity so quickly.

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March 14, 2018, 12:18:22 PM
 #311

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]





For me, to easily know what is bitcoin in a kid or in a person who don't know about bitcoin tell them that bitcoin is the future of money. If they join signature campaigns or if they invest their money, their money will earn profit. Tell them also the background of bitcoin and where does the bitcoin came from. Tell them also the benefits that may get.
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March 14, 2018, 12:22:25 PM
 #312

Of course, there is a proof that you are really paying a bitcoin here to get to your bitcoins who want to teach you, because I'm teaching my classmates I'm doing the show that I'm doing here in bitcoin and showing me what I've earned here in bitcoin then they accompanied me to withdraw and there they are the content that will actually be in bitcoin and that's crazy.
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March 14, 2018, 03:05:31 PM
 #313

For the easy way to explain and teach about bitcoin to beginner is to explain how bitcoin is work and when you use bitcoin what is your procurable in bitcoin and what is the purpose or uses of that. Explain that if you using bitcoin your life is became wealth you future became brighter. Show a proof that bitcoin is really helpful like showing your profit and money that come from using in bitcoin.
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April 05, 2018, 05:59:51 PM
 #314

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
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April 15, 2018, 02:01:07 AM
 #315

The easiest way to explain and teach about bitcoin is to give a simple but efficient introduction on its history. It's very important to establish the interest first and let the person know that Bitcoin is something of value and can be converted into money.
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April 15, 2018, 08:34:14 AM
 #316

The easiest way to explain and teach about bitcoin is to give a simple but efficient introduction on its history. It's very important to establish the interest first and let the person know that Bitcoin is something of value and can be converted into money.

we can give some example or we can give some explanation about bitcoin or even we can try to give them small bitcoin amount to them to help them understand what we explain. besides that, we can try to ask them to search by them self so they can find more things about bitcoin and other coin and they can have a new experience related the cryptocurrency. try to explain what we know and discuss to them about what they want to know.

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April 15, 2018, 09:19:12 AM
 #317

Excellent way to teach children about bitcoins. It's such a simple thing to understand, even kids way younger than the kids around my block could easily understand this kind of concept. I guess it just goes to show that a lot of bitcoin investors are really creative when it comes to teaching bitcoins.

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April 17, 2018, 06:33:51 AM
 #318

The easiest way to explain and teach about bitcoin is to give a simple but efficient introduction on its history. It's very important to establish the interest first and let the person know that Bitcoin is something of value and can be converted into money.
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April 17, 2018, 06:46:23 AM
 #319

For me the easiest way to teach about Bitcoin is to give them an example to what level of understanding they could possibly understand when you explain it to them. Kids nowadays are smart and can understand easily maybe because of the power of social media. For a 7 year old, you can make them understand and teach them Bitcoin like buying candies on some store.
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April 17, 2018, 06:46:39 AM
 #320

The easiest way to explain and teach about bitcoin is to give a simple but efficient introduction on its history. It's very important to establish the interest first and let the person know that Bitcoin is something of value and can be converted into money.

Should cultivate good intentions from people who are eager to learn about Bitcoin's benefits.
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April 17, 2018, 06:49:09 AM
 #321

The easiest way to explain and teach about bitcoin is to give a simple but efficient introduction on its history. It's very important to establish the interest first and let the person know that Bitcoin is something of value and can be converted into money.

Should cultivate good intentions from people who are eager to learn about Bitcoin's benefits.
the easiest way to understand bitcoin is to watch a documentary film called the raise of bitcoin. you can also deepen the science, and the development of bitcoin from some articles spread on the internet, and you can also look it up in this forum. nowadays, it's very easy to learn, or teach bitcoin to our close friends.

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April 17, 2018, 06:52:45 AM
 #322

An easy way to explain and teach Bitcoin is, I have my own way. I only explain about bitcoin and its benefits and besides I will show him the proof of my transaction or my income that I get. and after that I'm sure that person will be interested after seeing the evidence and in the end he will ask me to keep teaching it again and with the spirit to earn income from bitcoin which I think is quite promising. and I also provide info to try to learn alone by searching for information through google or others. and the way I succeed because people will be interested if they see evidence or results that have been in can. My way is simple but promising

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April 17, 2018, 06:54:52 AM
 #323

I have tried to tell my son about bitcoin. He is 9 but he didn't seem interested so he didn't understand anything. I am going to wait few more years
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April 17, 2018, 07:00:08 AM
 #324

Its not possible to explain bitcoin in one comment.
Yea i can give you some idea about bitcoin.
Bitcoin is a crypto currency and its available only in digital form there is no hard form of bitcoin is present.
While teaching about bitcoin is easy but some long and practical process also. You can start to new bies about giving task of reading about bitcoin after getting some knowldge about bitcoin then you need to give some questions about bitcoin and then slowly you can remove their confusion.
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April 17, 2018, 07:03:50 AM
 #325

The easiest way to explain and teach about bitcoin is to give a simple but efficient introduction on its history. It's very important to establish the interest first and let the person know that Bitcoin is something of value and can be converted into money.

Well I think it depends on whose you're gonna teach. With the young adults nowadays, the fact that they are very techie and is very much exposed on the internet and social media, they are more likely to learn fast. You just give them a brief overview of the basics, the things that will caught their interest and surely this will boost their eagerness to explore more about Bitcoin.
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April 17, 2018, 07:12:47 AM
 #326

i think almost all the people in the world are already know how to use the basics of internet such as moving the mouse and toggling the browser to open it and make use of it. teaching them to mine ,work or trade isnt really the basics of bitcoin anymore therfor i think your methods arent going to work , you should rather teach them simple ways such as how to create their bitcoin wallet and finding their own bitcoin address or recieveing and also for sending ,etc and so on.
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April 17, 2018, 07:24:08 AM
 #327

This is a phenomenal currency, no one could have thought that it would come out, I remember in 2009 it seemed to me that it was a joke, when people bought bitcoin I thought it was another MMM pyramid but how we all were mistaken, how still this world is changeable and ubiquitous,
we live in an era of change when the speed of innovation is moving at such a rate that we do not follow it people of a new era and it's even creepy, since it is impossible to predict what will happen in a year or half a year
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April 17, 2018, 07:26:44 AM
 #328

I will simply say, Easy way to explain or touch bitcoin is simple based on the understanding capability of the users. Bitcoin being a very new platform and technology oriented operational system it is not that easily understandable. Giving an basic explanation and let them explore of their own which seems to be the best way of teaching in my opinion
I think one the best way to learn about the bitcoin and cryptocurrency is this forum. It will provide every thing about it by the question asked by different members of this forum. Through this forum you will most likely be easy to understand and understand. what is bicoin, what are the weaknesses and advantages. especially if we explain it while having the make and manage bitcoinnya directly automatically may be immediately understand quickly.
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April 17, 2018, 07:46:16 AM
 #329

following the discussion of the diforum will easily find out the way and explain about the bitcoin and can we teach to others about bitcoin.
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April 17, 2018, 07:57:46 AM
 #330

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]



It depends upon the ability of the kids, but many of 7 years old kids here in the Philippines are excited to go to school taking up grade 1 bringing a delicious food for vacant time but regarding to learned about bitcoin for their future? nothing! I don't know for other country but here is not yet applicable even in high school student doesn't learned anything.


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April 17, 2018, 11:47:02 AM
 #331

For me the easiest way to teach about Bitcoin is to give them an example to what level of understanding they could possibly understand when you explain it to them. Kids nowadays are smart and can understand easily maybe because of the power of social media. For a 7 year old, you can make them understand and teach them Bitcoin like buying candies on some store.

That's right. In order for you to teach a 7 year old kid about bitcoin, you should explain it in a very interesting way. Children nowadays are more on technology so you can use it in teaching your child about bitcoin.You must have patience in dealing with these because you need to caught their attention for them to listen to you when explaining these things. They will easily understand bitcoin once you have show everything about bitcoin.

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April 17, 2018, 12:04:08 PM
 #332

The best way I can recommend to teach bitcoin is
1. Go online and read about bitcoin
2. Join bitcoin forum where in we know and ask what we don't understand. This is the medium of my own major knowledge about bitcoin. In process of increasing your post you learn more.
3. Get applications about bitcoin, bitcoin news on your electronic device.
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April 17, 2018, 12:45:20 PM
 #333

I think it's very important to learn kids that trading bitcoin is risky. Focus on teaching your kids the fundamentals of money management, debt avoidance, and personality financial responsibility
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April 17, 2018, 01:36:34 PM
 #334

I will simply say, Easy way to explain or touch bitcoin is simple based on the understanding capability of the users. Bitcoin being a very new platform and technology oriented operational system it is not that easily understandable. Giving an basic explanation and let them explore of their own which seems to be the best way of teaching in my opinion
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April 17, 2018, 01:42:52 PM
 #335

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
It depends, in the age of 7 years old all it thinks is to play, not to earn because all their needs and wants are depends to its parents. I think the easiest way to explain and to teach a child about bitcoin is by showing him step by step and give him a video that is all about bitcoin to give him more intention to learn.
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April 17, 2018, 01:56:48 PM
 #336

Bitcoin is a digital currency. The way of explaining Bitcoin is changes according to age and experience factor of a person or community. Explain about Bitcoin to the teenagers is little bit difficult then adults. Because they didn't  know completely about economic factors related to Bitcoin. Easy way to explain them about bitcoin is video learning. People are love to watch videos. If we made such type videos for them then they will surely get benefits from it. And they can watch those on their own free time. We can arrange Bitcoin campaign for better understanding and for built a good relation between Bitcoin and people  Smiley
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April 17, 2018, 02:16:15 PM
 #337

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
In my own personal opinion, i think it will be very difficult for us to explain bitcoin to a 7 year old child because it still do not have any interest to earn money, it still depends to its parents to provide its needs. So i think the easiest way to explain and to teach children about bitcoin is to watch them an animation about bitcoin in youtube for them to caught their attention to learn about bitcoin.
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April 17, 2018, 02:33:43 PM
 #338

You should use words that are common to them or explain each word that is complicated for them. And you can also use videos, there are many videos on youtube that will help to explain what is bitcoin.
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April 17, 2018, 02:39:17 PM
 #339

If he is interested in bitcoin and block chain technology, your explanation will be very effective. If a person doesn't know bitcoin, the most direct way to direct him is to show him your bitcoin wallet.
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April 17, 2018, 03:08:17 PM
 #340

For myself, I believe that the easiest way to get someone to pay attention is when I introduce bitcoin to a friend of mine. Then I begin to explain basic rules and information such as bitcoin values ​​and bitcoin usage. It all becomes easy if he wants to really learn.
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April 17, 2018, 03:16:31 PM
 #341

the best way to understand all the bitcoin is to read everything about bitcoin. It may take time to be understood but I guarantee that it is really valuable and understandable.
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April 18, 2018, 08:22:49 AM
 #342

The best way I can recommend to teach bitcoin is
1. Go online and read about bitcoin
2. Join bitcoin forum where in we know and ask what we don't understand. This is the medium of my own major knowledge about bitcoin. In process of increasing your post you learn more.
3. Get applications about bitcoin, bitcoin news on your electronic device.
But before you explain it to others you must sure that your knowledge about bitcoin is true. And think about those thing that it compare to bitcoin to easy it to explain. Also it is easy to explain when you're friend or who woukd interested on what you say. Becue they're focus is on you're explaining

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April 18, 2018, 09:09:16 AM
 #343

I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.

For me the easiest way to explain and teach bitcoin is to read all articles and forum about bitcoin so you will know and understand more about this. Other way is you can watch video related in bitcoin.You must have patience in dealing with these because you need to caught their attention for them to listen to you when explaining these things.
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April 18, 2018, 09:31:07 AM
 #344

For me the easiest way to learn about bitcoin is you really need to double effort about reading here in the forum you can actually learn a lot here because were all here to help one another but not all the answer be given to you its up to you if you know how to explore those things. As what other says you can learn through your experiences and that can lead you a long the way for the future.
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April 18, 2018, 09:44:18 AM
 #345

The easy way to teach Bitcoin is when you find someone eager to earn money for free and also got brains in technology. To eager to learn is the way to earn thats my philosophy but there are also other ways to explain it.
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April 18, 2018, 09:55:31 AM
 #346

I think teaching bitcoin on a 7 years old child is inpossible to learn and i think that age child must be on a playground not on crypto
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April 18, 2018, 09:57:04 AM
 #347

The easy way to teach Bitcoin is when you find someone eager to earn money for free and also got brains in technology. To eager to learn is the way to earn thats my philosophy but there are also other ways to explain it.
Also basically, for the people who really have a high intention to learn bitcoin/crypto, I think it would be easier if we teach because it has a high initiative to learn. I think if they are our close people around us, it will be easier because often met and can directly teach him directly to them from various sources especially to explain through this forum of course.

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April 18, 2018, 10:16:46 AM
 #348

The easiest way to explain and teach about bitcoin is to give a simple but efficient introduction on its history. It's very important to establish the interest first and let the person know that Bitcoin is something of value and can be converted into money.

Teaching directly with the action in my opinion is very effective because they can see directly the evidence. I teach bitcoin by showing how it works and how to get it and what it does
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April 18, 2018, 06:00:11 PM
 #349

If you want to teach your child the knowledge of bitcoin you should teach it in a language that is easy to understand and do not have to force your child to know about bitcoin. Teach slowly and educate properly without blaming it. But I guess 7-year-olds do not need to know about bitcoin. They must first learn something basic.
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April 18, 2018, 06:33:33 PM
 #350

Well, good to know that you have started looking for ways to teach about bitcoins to your child. But make sure you are using the right ways. I just came across a similar post and thought it might be worth reading for you as well. Here is the link; https://kryptomoney.com/bitcoin-for-children/
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April 18, 2018, 06:46:39 PM
 #351

Well, I think teaching Bitcoin to a 7 year old kid will be hard enough. You just have to observe first if the Kid is willing to learn. Maybe it's easy if you let him watch some tutorial about Bitcoin and what are the benefits of doing it.

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April 18, 2018, 06:50:35 PM
 #352

Well, I think teaching Bitcoin to a 7 year old kid will be hard enough. You just have to observe first if the Kid is willing to learn. Maybe it's easy if you let him watch some tutorial about Bitcoin and what are the benefits of doing it.

To some extent, I think it's easier with a 7 years old than with my wife Cheesy By the way, even if she won't learn much now, you will help her to think and reason

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April 19, 2018, 03:16:17 PM
 #353

You should  Show them your earnings convince them that it is easy to earn at bitcoin all you need is put some hardwork  and perseverance then explain to them very clear what is process to earn bitcoin so they can understand what they are going to do. If still they don't believe you just leave them at least you know that you only want to help them . As they say,  seeing is believing.
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April 19, 2018, 03:22:50 PM
 #354

The most effective way in my opinion is to explain slowly about bitcoin and read many articles about bitcoin on the internet or read a book about bitcoin.
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April 19, 2018, 03:27:05 PM
 #355

I believe that the easiest way to get a person to give your his attention when you want to explain bitcoin to him is to mention the money first. Make him believe he can get paid later when he starts working and you get his full attention. It's the same way i used it when i introduced bitcoin to a friend of mine. Then you start explaining the basic rules and information like the value of bitcoin and the use of bitcoin. It all comes easy if he wants to really learn. The most important thing is how to make him want to be a part of bitcoin community.
Actually, it is too diffucult to explain what bitcoin is and if you want to teach bitcoin to other people you must use some social media so that you can teach it easily. On the other hand, if you want to explain it easily you should talk to them personally so that you can explain it clearly.



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April 19, 2018, 03:29:20 PM
 #356

Are you sure you want to teach 7-year-olds about bitcoin. I do not think it's necessary because the child needs education at an early age. You do not need to rush to teach the boy about bitcoin. The most important thing is education and nutritious food intake I think.
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April 19, 2018, 03:32:59 PM
 #357

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]
I don't think there's an easy way to teach bitcoin but to let them learn theirselves. Bitcoin is too complex to be taught easily and there are a lot of precautions needed to be considered before entering this investment. Another thing is that merit has made its way now making it harder for the newcomers to rank up and have the opportunity to earn larger amount of profits.
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April 19, 2018, 03:51:52 PM
 #358

if you will teach it with a 7-year-old child, you will use a word that can easily understand or understand it, but it really depends on the child if the child is not interested. I can not think with grammar like people over 21 years of age because they still see or interest learn by the way we behave or practice.
I have experience but can not be explained verbally here, so a child does not want to hear too many complicated things what else he does not understand or are interested in if he does not experience it himself.
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April 19, 2018, 03:53:35 PM
 #359

I think I don't agree with that explaining bitcoin to my son is not good because I want my son be free for now he doesn't good yet in working and I think he must be in my neighbors playing with them not working for us right now.
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April 19, 2018, 03:58:48 PM
 #360

Are you sure you want to teach 7-year-olds about bitcoin. I do not think it's necessary because the child needs education at an early age. You do not need to rush to teach the boy about bitcoin. The most important thing is education and nutritious food intake I think.
Precisely, 7 years old kid don't need to know this stuff right now because even though teach them they are not fully developed to understand this things. Besides, children is supposedly learning a school lessons not about economics thing. Actually, they will not interested upon it since they ony know is to play.



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April 19, 2018, 04:28:44 PM
 #361

Show them your earnings convince them that it is easy to earn at bitcoin all you need is put some hardwork  and perseverance then explain to them very clear what is process to earn bitcoin so they can understand what they are going to do. If still they don't believe you just leave them at least you know that you only want to help them and at least you know that you earn without asking anyone it is just some people don't trust other people if money is involve.

Just simply explain to them the rules of give and take. What you give is what you receive. However in bitcoin there are two possibilities, you either gain more or gain less. You gain more whenbyou move wisely and you gain less when you act without thinking. Just like the concept in real life.

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April 19, 2018, 04:47:28 PM
 #362

Well, my method is simple. Kids have toys. Toys have value and we use money to buy toys. When toys get old and kids grow up, these toys are sometimes forgotten or maybe even searched for by grown men. That's why we invest money on things and bitcoins a like. We keep them and such time comes, it will be expensive enough to sell.

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April 19, 2018, 10:09:45 PM
 #363

I think one of the easiest way to explain bitcoin and teach bitcoin is to introduce the money you can get from it and tell the person that bitcoin can change or transform their life from one level to another.


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April 19, 2018, 10:13:23 PM
 #364

It's really hard to explain bitcoin to everyone because its so technical and for me one way to explain bitcoin is using object lesson like you have certain dress and explain it to them that when you join bitcoin your like wearing certain dress for couple of months till the campaign. another thing is through digital videos, and explain it and tell them that you can have money through it.
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April 19, 2018, 11:52:59 PM
 #365

I think it's not so difficult, if someone who understands this is really interesting! Because now you can find a lot of information about this!
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April 20, 2018, 12:15:28 AM
 #366

bitcoin is the same as other venture items, for example, gold and stock, which recognizes it is just the medium utilized if gold and stock would we be able to see the physical frame is genuine while bitcoin molded computerized, how to take a similar benefit that is to sit tight at the pitching cost to ascend from the underlying cost when purchasing.
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April 20, 2018, 12:23:39 AM
 #367

In order for it to be easy to explain Bitcoin, the audience needs to comprise of enthusiastic people, willing to trade in Crypto.

Easy way to explain bitcoin is that Bitcoin should be added in chapter in university and college lessons, so adults and young generations can teach and learn about bitcoin, bitcoin importance, significance.
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