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Author Topic: What are some interesting ways you've introduced bitcoin to your friends?  (Read 800 times)
ropyu1978
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July 06, 2021, 04:41:27 PM
 #21

a true friend will never leave no matter what, even though thousands of problems come to him but he will always faithfully accompany, as well as financial problems, I always introduce him to bitcoin, I always invite friends to invest in bitcoin, because I have benefited a lot from bitcoin, and I want my friend to also have what I already have, first I show him the advantages I get from bitcoin, so that he is more confident, and look at the price of bitcoin, from year to year, then I teach him how to play in bitcoin. ..
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July 06, 2021, 06:52:56 PM
Merited by jaberwock (2)
 #22

I have informed countless online and offline peers about cryptocurrency and bitcoins specifically. One of the recent experiences I will share below.

A friend of mine used to work at Fiverr and he was scammed by a buyer after he completed the entire order, the seller even released the payment but after a few days, the buyer just made a chargeback and claimed all his money back through PayPal. That day I got to the buyer can pay through PayPal and just open a dispute and get his money back without any problems.

My friend worked 2 weeks continuously on that project and it was a heartbreak for him when this happened. That was the right time I felt I should inform him about bitcoins and ask the buyers to pay in bitcoins because there is nothing that can be done once you are paid in bitcoins.

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July 06, 2021, 11:13:49 PM
 #23

As I remember way back then, after learning what Bitcoin is from some of my other friends that have introduced it to me, my other friends got curious to know also about Bitcoin then and some have started asking me what it is really all about and the thing that I have done is like explaining it like we were in an economic class for I have introduced not just Bitcoin alone but the whole crypto market as well for it is better to expand the learnings rather than just keeping it hanging with regards to information. I have introduced the benefits, importance and usage of it to them while doing a talk in a way possible to be the easiest way they could understand my point.

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July 06, 2021, 11:31:06 PM
 #24

As I remember way back then, after learning what Bitcoin is from some of my other friends that have introduced it to me, my other friends got curious to know also about Bitcoin then and some have started asking me what it is really all about and the thing that I have done is like explaining it like we were in an economic class for I have introduced not just Bitcoin alone but the whole crypto market as well for it is better to expand the learnings rather than just keeping it hanging with regards to information. I have introduced the benefits, importance and usage of it to them while doing a talk in a way possible to be the easiest way they could understand my point.
Stick with the basics and dont go to complicated ones since your friends are just newbies then its normal that they wouldnt able to get the key points on first explanation, majority of them would
really be just in concern on how to make money and doesnt really mind much about the accompanied risk with it this is why when you do explain then also include on the possible risk
so that they would really be aware and just like into those previous years when i do start and get some basic learnings and experience then i do share up with other friends and now
we are earning here on crypto together because sharing up knowledge is always been good not only on your relationship but also into the entire community.

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July 06, 2021, 11:32:37 PM
 #25

I remember when one of my close friends asking me about Bitcoin and what it is I simply answered them with basic information and then told them to research further on the internet.  I gave them 1 physical coin that I purchased in a collectible section before to encourage them to push their research and I told them to give them another one if they already understand it.  The good thing to say, most of them now fully understand what is Bitcoin, in fact, they are now crypto traders and seeking a small job in exchange for Bitcoin or any crypto.

I will not force anyone to introduce Bitcoin, the one who approaches me will get the right and correct information because if they don't understand and they invested Bitcoin thinking that they will easily earn of it but the outcome is a massive loss, for sure they will blame you in that way.
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July 06, 2021, 11:40:21 PM
 #26

Recently one of my friends came over to my house to ask a different thing. But he seems to be vocal and wants to know more about cryptocurrencies. I've made him a wallet and send a couple of bucks worth of bitcoin and ethereum to his wallet. And he's just happy to tell me each day that the value has grown from the amount that I've sent it to him. Well, he's not messaging anymore but I'm sure that he's still into investing and he told me he bought a couple of hundreds but he has missed the peak. The interesting part is when someone is already knowledgeable about what you've taught them, they won't message you anymore.  Grin

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Fatunad
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July 06, 2021, 11:53:39 PM
 #27

I have already stopped on explaining bitcoin or crypto to any of my friends or to other people.Why? I had already some bad experienced that i had been blamed off on why they do lost
money even though i had explained that theres a risk of losing your investment but they just ignore the risk and when the time comes that the market fucked them up then they
do just simply whine off into your face and blaming that you are  the reason on why they had lost money and thats typically a bullshit thing to have.So ive decided
to stop completely on introducing or explaining to other people about crypto and i dont mind on what are their comments about me neither being selfish or what.

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July 07, 2021, 01:03:08 AM
 #28

Most of them are familiar with the name but only thought that it was a coin you can earn through web mining and investment with fast return.
I tell them that it is risky and just a Ponzi scheme. It is still crucial for them to learn the foundation, so I share trusted info on my newsfeed; they might read it or not. It is still their choice.

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July 07, 2021, 01:29:25 AM
 #29

I have already stopped on explaining bitcoin or crypto to any of my friends or to other people.Why? I had already some bad experienced that i had been blamed off on why they do lost
money even though i had explained that theres a risk of losing your investment but they just ignore the risk and when the time comes that the market fucked them up then they
do just simply whine off into your face and blaming that you are  the reason on why they had lost money and thats typically a bullshit thing to have.So ive decided
to stop completely on introducing or explaining to other people about crypto and i dont mind on what are their comments about me neither being selfish or what.

Being blamed is not the fun part there. Although you can avoid it when the value plummets if the price goes up I guess they'd be more appreciating your effort. I guess you have to do some timing before introducing Bitcoin to a friend and also alert them when the time that a bear market is about to come. So this is a big responsibility.

I wouldn't ask a friend to invest actually, I'd probably just give BTC for a friend to cash out as I did help a friend by giving him funds to buy a tire for his car that hasn't been running for months because he can't afford to buy tires that time.

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July 08, 2021, 12:36:11 PM
 #30

Unfortunately I can't really prove the benefits of bitcoin as an alternative means of payment to close people even though most of them have heard a lot that bitcoin is profitable. My friends who are mostly businessmen and farmers are very difficult to teach them technical things. While they would be interested in using bitcoin, they are likely to be more interested in using a more user-friendly and multi-featured third-party (decentralized) platform instead of a private wallet.
That's actually a real problem when trying to explain to others about Bitcoin. People understand that the value of Bitcoin has gone tremendously high but I am often stuck when I'm trying to convince someone why Bitcoins are so useful and they ask me, how does it work? I have basic knowledge and I explain to them everything I know. For example, last time when I was discussing Bitcoin in my friend's group, one guy asked me why do you wait for confirmation when you can pay with an online wallet. I told them that BTC transactions are irreversible and then he suggested Perfectmoney.

I know all those systems are centralized while BTC is decentralized but when it comes to practical solutions and explaining what is decentralization, I was really confused as to how to explain to a non-technical guy what is decentralization.

I have lately found an excellent video that I refer to my friends when I cannot explain the basics. I suggest you all to watch it once, worth every minute of it - https://www.youtube.com/watch?v=_160oMzblY8&t=341s

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July 08, 2021, 01:03:10 PM
 #31


First of all, I can be sure that I won’t want my friend to introduce some unintelligible terms.

First, I will guide her to register for a Bitcoin forum account, recommend some simple posts to him, communicate face-to-face, and then give him A simple example told him the basic working principle of Bitcoin.

For example, now, when we shop or consume, the banking system is keeping accounts for us and charging a certain fee. We deposit the money in the bank, and only the bank knows where our money is used. But Bitcoin is transparent and open, everyone has a ledger, you can clearly know where your money is and how to use it.

Very clear.

If you simply use some technical terms to tell the other party, it is a car in the form of heavy rain, no matter how fast the wiper is, you can't see the road ahead.
 Grin Grin Grin
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July 08, 2021, 01:07:16 PM
 #32

Well it happened a long time ago and there was a bull run currently occuring during that time so I had an idea of sharing something to my closest friends that helps me benefit financially and mentally. I told them about it and since there are rumors that bitcoin is just a scam, I made sure to thoroughly tell them how legitimate it is and after that they believed me and I started teaching them ways on how they can earn or invest in bitcoin. Turns out I didn't waste my time for nothing since after that, we were all able to benefit from bitcoin a lot considering the continuous increase on bitcoin's price.
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July 08, 2021, 03:42:20 PM
 #33

if our friends don't intend to ask about bitcoin, I will not give them an explanation o tell my story. because this is dillema.
But, if they are asking and also need my opinion about Bitcoin, I will be pleased to explain to them what I know and what I have got.
I will never tell them about how Bitcoin can make people richer easily because it is not true. bitcoin will give us what we can get really and afford. We should share about the profits we can get and also the rsiks that may aos be lost.

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July 08, 2021, 05:24:46 PM
 #34

Previously, when I knew about BTC, I introduced to my friends that this is a technology currency and tends to develop in the future. but some news made my friends think negatively that this is just a scam like a ponzi scheme until BTC rallies to the top of $64k that they feel sorry. Before when BTC had $2k, they didn't invest in it and now they see the real value of BTC. They recently asked me how to invest in BTC when the price dropped to 1/2 and I said it was time to buy for a long term investment. and in the end they invested about 30k dollars to buy reserve BTC.
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July 08, 2021, 05:37:45 PM
 #35

A bit of a unique story I just had with some friend when they started asking "why is bitcoin valuable" & "Bitcoin is a cash game on a large scale". Precisely on Tuesday, the two question above were asked by several friend to me who incidentally are not men who are interested in bitcoin. Honestly I have to answer the question in a very simple way, but unfortunately they can't understand anything from what I'm explaining because in their mind bitcoin is a money game on a large scale. I have to change the topic because honestly we don't have to argue with those who never understand bitcoin because they happily accept a fully centralized fiat system.

I'm not used to asking anyone around me to know about bitcoin for personal reason. I'm sure anyone who want to know bitcoin will just think how they can profit from it. This doesn't mean that I don't want to promote bitcoin for them, but I don't have much time to teach them more than the basic about bitcoin.

.
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July 08, 2021, 06:42:13 PM
 #36

~Snip
Ignore them and tell them that bitcoin never needed people like you because bitcoin only needs people who believe that all the innovation it has to offer are very useful for the payment system revolution.

OP, I once invited one of my friends to come in and get to know bitcoin more in terms of trading. But I never managed to get him interested in starting trading them because there was no point in telling those who weren't interested. Trading is a great display to introduce to anyone, but much riskier if they don't understand it properly. The most interesting thing to say is, bitcoin has become a currency that can be used to pay anything in countries that are legal as a legal payment system and bitcoin has relatively the same price for one currency wherever you want to trade it.

.
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CryptopreneurBrainboss
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July 08, 2021, 07:12:04 PM
 #37

Looking forward to reading about what you guys have done  Grin

Truthfully this days, I have been focusing more on myself than teaching the technology to others, there's more to just sending and receiving Bitcoin. Having to know the perfect wallet to store then how to adjust your fees to best suit the network status at every time is very necessary. The trading aspect is quite tricky as well due to the highly volatile nature of the market.

Maybe if I can't perfect all this in time then I can start teaching others fully but at the moment the only thing I take very seriously is the chances to show others what a great currency, bitcoin is. Many still confess almt he hyped scams and ponzi scheme been promoted all over the internet as the real thing. They prefer to invest in those instead of the Bitcoin.

They all have been filled with the mentality of risking more so they go for more riskier choices that end up putting them at great losses majority of the time. Having to help those I come in contact with, with this information is the best I can do currently as I'm still trying to figure things out myself.

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hemzer
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July 08, 2021, 08:21:05 PM
Last edit: July 08, 2021, 08:40:34 PM by hemzer
 #38

Note to those of you who struggle with reading comprehension: I'm asking how HAVE you done this. Not how DO/CAN you do it. Stick to your personal experience, we're not giving advice, we're telling stories  Smiley

I like giving out OpenDime bearer instruments like pic related:


My technical friends love it, I tell them the funds are theirs if they can move the sats from the stick to their phone, although some of them prefer to keep it on the USB because it gives off a cyberpunk vibe.

I've also brought friends to bitcoin ATMs around my city to show them how easy it is to exchange fiat for BTC, they tend to like that too because it attracts attention to the fact that we're doing something that might seem technically challenging and unusual.

Looking forward to reading about what you guys have done  Grin

I have tried and trying to educate them on FIAT currencies from central banks to show how they are gradually impoverished trough out their lives by saving in fiat. If you do not understand fiat first you will never understand Bitcoin. You will be a man child Like Musk.

I also have a true to life story of my very own Dad who worked himself to death, so hard all his life and saved all his money in fiat. Forty five years later he could not even afford to build himself a home and have a place live in. Yes we were driven out of employer housing when he retired and were about to be to the streets. I had a small job so we used that to rent a hole to stay in.

I had to support and help build a house for him to live in. He lived in it for about a year and half and passed away listening to music. It broke my heart that I could not provide more for him during his last days. He did all he could for me and the fiat of the central banks fucked him over.

It always bothered me as to how that happened and where the calculation went wrong. He did every thing right by the book. He worked hard , paid his taxes and saved as much as he could.

After I learnt about Bitcoin then it occurred to me where the problem was. The fiat depreciation over that period of time evaporated all his purchasing power. All he could afford then was a small little plot of land but no more money to build a home on it.
The is how..... my friends, are the wonderful ways fiat and central banks protect your money.... as Senator warren puts it to today.

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July 08, 2021, 09:47:30 PM
 #39

wow... the neighborhood op lives in is very bitcoin-friendly. supporting facilities. btw... where I live bitcoin is still the pros and cons, there is a lot of debate about its decentralized system, and there are still many issues such as its frequent use for darkweb criminal activities, etc. yes... still at that stage. even though it all really depends on the user, and there are lots of conveniences and benefits that can be used.
I do not actively educate my friends or relatives, I only teach or answer questions from people who are curious and ask me directly. I only often share positive news regarding bitcoin adoption.

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July 08, 2021, 10:36:12 PM
 #40

What I have experienced when we are talking about a digital investment / stocks. Of course we will mention this bitcoin, and there are also some when talking about online gambling. the average all wants something simple and crypto is also a topic of conversation. depends on the person too. im not really introduced them . but if we gonna talk about it, im gonna tell everything i know without hesitation.
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