How to explain blockchain/Bitcoin to millennials

[Cryptogamee]

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy?  Anybody can give me some tips and answer for this?

Would appreciate it.

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[Astvile]

You can always tell them about the technology development that are happening today,we are not in our native mode anymore people and technology is evolving and financial system is one of that.Bitcoin will serve as a main currency in the future where everything is processed online and all payments go through the bitcoin network.We should care to buy because bitcoin is still at its low price state compared to how much it can go the.more years to  come

[davis196]

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy?  Anybody can give me some tips and answer for this?

Would appreciate it.

The blockchain is a server network,where every transaction gets confirmed by every server,which is a part of that network.This is the most stupidly simple explanation(it might not be 100% accurate) that came up in my mind.

[Compiler]

The shared database works like a book for the record of purchase-sale operations or any other transaction. Blockchain appeared with Bitcoin.

Basically it's a bank, eliminating intermediaries (bankers)

[klaaas]

One of the arguments will be with a trusted party as the blockchain you will enjoy the benefit to be sure transactions will happen.

[ryap12]

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy?  Anybody can give me some tips and answer for this?

Would appreciate it.

Tell them it's the new bank where you control your own funds. Tell them the blockchain technology records all transactions and can be viewed by anyone across the globe as long as they have internet access. Tell them that with the blockchain technology, a lot of new things can happen and it's trending and it is the future money. A few simple words. They don't understand the entire thing but give them the simplest form of explanation.

[Cryptogamee]

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy?  Anybody can give me some tips and answer for this?

Would appreciate it.

Tell them it's the new bank where you control your own funds. Tell them the blockchain technology records all transactions and can be viewed by anyone across the globe as long as they have internet access. Tell them that with the blockchain technology, a lot of new things can happen and it's trending and it is the future money. A few simple words. They don't understand the entire thing but give them the simplest form of explanation.

Yes, Hoping for this answer! But can you explain to me why blockchain will be the future and how will it change the world. Why people think that the funds will flow into blockchain.

[bitbunnny]

I don't think that millennials need some special information and education about blockchain. They are very well familiar with technologies and use them in every day life. Maybe just to give them a hint to promote blockchain but I'm sure they are already familiar with that. Believe me, millennials are born with new technologies.

[munareal]

The world is revolving and we are in the technology era with a lot of digital revolutions. The blockchain technology is the technology behind Bitcoin the innovative virtual cash that is disrupting the global financial economy. The blockchain technology is simply a distributed ledger used to record transactions that is tamper proof.  The decentralized blockchain protocol can be used to created various projects that are transparent, efficient, reliable, immutable and trustless.  

[joinfree]

It's all about financial transparency, reduction of transaction fees and liberty in our finances. For the sake of transparency, so many corruption can be avoided if transactions were being made with cryptocurrencies. Imagine when you can send funds to a business partner within the shortest possible of time without any restrictions. This is what blockchain technology and cryptocurrencies seek to offer the world. Wish governments could see this vision and give us the green light!

[CryptoBry]

There is no need to feel obligated to explain to and influence the generation of the millennials as far as the blockchain and cryptocurrency is concerned because I am sure that they are already into this and for those who have not heard of it they can easily get the information they might need online. In fact, the millennials can be among one of the most excited on these many innovations.

Now, for the sake of making things in the right perspective, here is a YouTube video which explains to one and all what is the blockchain and what are its many implications: https://www.youtube.com/watch?v=Pl8OlkkwRpc

[Cryptogamee]

It's all about financial transparency, reduction of transaction fees and liberty in our finances. For the sake of transparency, so many corruption can be avoided if transactions were being made with cryptocurrencies. Imagine when you can send funds to a business partner within the shortest possible of time without any restrictions. This is what blockchain technology and cryptocurrencies seek to offer the world. Wish governments could see this vision and give us the green light!

You know most people "Do" know about blockchain are meant for transferring coins to coins and also decentralized in a sense of storing coins for future purposes, it can be used to avoid taxes and stuff. But what people wants to know it's how it can change the world, perhaps maybe bitcoin can be use as payment method in the future < but what struck that for the world to adopt bitcoin and force to use as payment? And why do you think blockchain can change the world,an example please?

[pakhitheboss]

Millennials like things to be explained in the simplest way possible. So if you are planning to explain them the concept of Blockchain and Bitcoin, you need to eliminate the technical term. This how I explain it to my daughter

Blockchain is just a record-keeping tool.

Bitcoin is a Internet based currency that run on Blockchain.

If this could help you.

[Reatim]

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy?  Anybody can give me some tips and answer for this?

Would appreciate it.

You don’t need to explain them everything all you have to do is tell them to watch over YouTube since that place I what they love to invest time,so when they watched lots of videos then maybe the question would be answered and you don’t need to lure them to invest time and money here,let them do that themselves

Millennials like things to be explained in the simplest way possible. So if you are planning to explain them the concept of Blockchain and Bitcoin, you need to eliminate the technical term. This how I explain it to my daughter

Blockchain is just a record-keeping tool.

Bitcoin is a Internet based currency that run on Blockchain.

If this could help you.

The way I teaches my son regarding bitcoin or blockchain is read more here in Bitcointalk.org and watch in YouTube every good videos in regards crypto

[izanagi narukami]

First, make a good impression.
They need to be interest at the first moment so they can proceed into next level.
Personally I will tell them that I can get BTC from this forum, there is no more simple way rather than this.

Second, once they interest, just follow the flow , it will be easier !

[YuginKadoya]

I guess the millennials are open-minded when it comes to innovation and technology and if this kind of technology would be given to them I think they will become interested in it and according to this article

https://www.independent.co.uk/life-style/millennial-how-old-is-generation-y-cutoff-date-pew-research-center-a8235731.html

According to PEW That Millenials are those people born between 1981 and 1996, And will be between the ages of 22 and 36 in 2018, I am born on the year 1987 so to speak I am one of the Millennials that are open to this kind of technology and innovation, And I guess many Millenials sure is open to the technology and value of Bitcoin, So just like me we can sure share normally the technicality of it with our fellow Millenials.

[coin-investor]

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy?  Anybody can give me some tips and answer for this?

Would appreciate it.

It's hard to explain that to millennials but they can relate if you can invite them to watch videos on Youtube about blockchain and cryptocurrency and how everything works, a long explanation will not do good, millennials love watching videos if it is about something worthwhile, so why not compile a link of the best videos on Youtube about cryptocurrency and blockchain.

[rodel caling]

Bitcoin is a new millennial future digital money through the help of blockchain technology bitcoin easily to transfer or make payment system in the help of new technology the internet connection the three combinations from new era of mllenials time all become easy way to sending funds and pay anything we need through the help of the new technology.

[TimeBits]

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy?  Anybody can give me some tips and answer for this?

Would appreciate it.

Millennials: Born 1981-1996 (22-37 years old)
People around 22-37 are probably the most keen on what bitcoin is, You should learn how to explain it to a 5th grader, so seniors and kids can learn, here is my explanation.

Bitcoin is a limited coin, It is like gold but on the computer, think of it like digital or electronic gold. There will only ever be 21 million bitcoins. It is also a record keeping book, Kind of how a bank keeps your
inputs and transfers, bitcoin has the same mechanism but instead of the banks having the book, everyone has the same book that is updated at the the same time. No one can alter the book unless 51% of censuses
of the network agrees to alter the book.

Bitcoin made it so we no longer needs banks, We are the banks. Bitcoin`s is the currency of this bank some people call the smaller divisions satoshi`s. Blockchain is the technology behind bitcoin. You can buy anything with bitcoin so it is just as real as cash or fiat money. Fiat money is a $cam, it actually en$laves you endlessly. At least at the end of 21 million bitcoin, the bankers cannot keep en$laving you, they will have to work to obtain their bitcoins back.  

Money used to be backed by peoples work, which was represented by Gold. Than in 1971, the entire world became slaves https://www.youtube.com/watch?v=iRzr1QU6K1o Thanks Nixon!
First they stole all the Gold, They went into peoples houses and jacked it from them, then they banned it from backing the dollar! so they stole from everyone.

So son or daughter? what backs that cad/usd in your pocket?
It is Delusion, no different than monopoly money.

[figmentofmyass]

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy?

i'm not sure that "blockchain is the future". i imagine lots of altcoins will die out and tokens will fail in the coming years. right now, the strongest possible use case for a blockchain = censorship-resistant and irreversible transactions. in bitcoin, this is achieved through methodically designed network incentives and a decentralized network architecture. most altcoins can't achieve this use case reliably because they are highly centralized and easily 51% attacked.

for most people, the best reason to buy is because the price will rise. there's only 21 million coins, so at this rate of adoption, we're gonna hit million dollar valuations someday.