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Author Topic: Educating people on Bitcoin for free  (Read 4028 times)
Jody.Drummer
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September 29, 2022, 05:56:36 PM
 #161

Giving them full knowledge of bitcoin and what they use it for is up to them.
Giving all bitcoin price history I think make them realize and understand yet about how risk when investing in bitcoin, I think try educating and giving all history price about bitcoin years by years make them understand about risk and chance how to earn profit or loss in bitcoin.
Educate by introducing bitcoin thoroughly, we can't choose which one we will teach them about bitcoin in the sense that we have to tell everything about bitcoin. But there are stages which we must explain first. Because not everyone will quickly understand, especially if you directly explain the benefits or risks. I think we can explain the advantages and risks of bitcoin if they are well aware of this.
If we have reached that stage, they can decide whether to enter or not and the decision is entirely in their hands.

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September 29, 2022, 06:19:42 PM
 #162

Educating ordinary people to be more familiar with cryptocurrencies, especially Bitcoin can increase people's interest in using crypto, they will not hesitate to make Bitcoin a long-term investment asset because its value is increasing from year to year. Another reason that drives people's interest in Bitcoin is because it was initially introduced to the public without value, now Bitcoin has a fantastic value and is the target of many investors.

Dudes like you just keep posting all kinds of nonsense, you're not helping people at all. Awareness and education is not about to make them "not hesitate to make Bitcoin a long-term investment"... especially if you're saying the value increases from year to year. It clearly does not, it clearly has not. From 2017 to 2018 to 2019 it went down.

Education is about moving away from investment and speculation and understanding the true value and lifechanging possibilities of Bitcoin.

So maybe before we go forth and educate we need to learn ourselves?

Yeah, the technology is far more important than the price itself but unfortunately, most people think bitcoin in terms of price and how they can make money out it.
No one really cares about the blockchain technology behind the crypto and all this stuff. People are more interested to know which year would be the possible next bull run  Huh
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September 29, 2022, 06:47:06 PM
 #163


I was doing the same OP but I stopped. I've guided some people on how cryptocurrency works, especially Bitcoin, they were happy about it in the start after they knew how much profit they could make on it in the long run. However, the impatient ones blamed me because they were keep on insisting that Bitcoin is not going to pump again, way back 2018 when bear market hits, and they did panic selling, which they regret when Bitcoin pumps again.

Since then, I never guided anyone because I'm very disappointed on what happened. You guide them, teach them, and yet they would blame you when red candles appears. I don't like those kind of people. Hopefully that would never happen to you OP.
Not everyone can accept something that we think is good, sometimes we have to accept a disappointing return for what we have given them. You don't need to feel upset about what you did at that time, about them blaming you it's just a risk, after all they end up regretting what they did (when bitcoin pumped). You are lucky to be able to teach people even if they blame you.
What I do mostly, is guide only those who show interest in what am doing because a lot of others are only after the profits. And because of the lack of knowledge of how the market work makes they are impatient when their expectations failed to come and the price goes in the opposite direction. But the thing is we must also help others who pick interest in bitcoin and the cryptocurrency market since they already build their motivation that will help them to bear the bear market when it happens and also to benefit from the profits when there is a pump.
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September 29, 2022, 11:30:04 PM
 #164

Bitcoin adapting well, but the problem is most newbies join the Bitcoin trend to become rich overnight. It's because they introduced Bitcoin wrongly. I know many people become rich from Bitcoin but it's impossible overnight. It's become quite important to educate people about Bitcoin technology and how it works. Besides that how the Bitcoin price works should know by every Bitcoin user. So that they will not regret upon the bear market.

yes, indeed, so if the teacher only provides bitcoin education incompletely or half and half it will certainly have a bad effect on students who are still beginners, because I also had the experience of learning bitcoin from someone and he taught only gave lessons about bitcoin and he gave the lesson half and half, so he didn't explain about bear markets and so on, and I also suffered losses because I didn't know about bear markets, but until finally I didn't give up and I ended up learning a lot through online like YouTube, Google and so on.

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September 29, 2022, 11:49:08 PM
 #165

I was doing the same OP but I stopped. I've guided some people on how cryptocurrency works, especially Bitcoin, they were happy about it in the start after they knew how much profit they could make on it in the long run. However, the impatient ones blamed me because they were keep on insisting that Bitcoin is not going to pump again, way back 2018 when bear market hits, and they did panic selling, which they regret when Bitcoin pumps again.

Since then, I never guided anyone because I'm very disappointed on what happened. You guide them, teach them, and yet they would blame you when red candles appears. I don't like those kind of people. Hopefully that would never happen to you OP.
We don't need to stop doing the right thing that will make people to have good understanding about how the crypto market works. I don't see any stress in that since my goal would be to inform people about another of using cryptocurrency and also understanding the market making themselves safe from scammers attempt if any.
Since Bitcoin is here to stay then we don't need to feel too especial helping people to learn about the crypto market. If 2e don't do this, I know in time to come they are going to learn it from another source apart from us.

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September 30, 2022, 08:32:52 AM
 #166

Educating ordinary people to be more familiar with cryptocurrencies, especially Bitcoin can increase people's interest in using crypto, they will not hesitate to make Bitcoin a long-term investment asset because its value is increasing from year to year. Another reason that drives people's interest in Bitcoin is because it was initially introduced to the public without value, now Bitcoin has a fantastic value and is the target of many investors.

Dudes like you just keep posting all kinds of nonsense, you're not helping people at all. Awareness and education is not about to make them "not hesitate to make Bitcoin a long-term investment"... especially if you're saying the value increases from year to year. It clearly does not, it clearly has not. From 2017 to 2018 to 2019 it went down.

Education is about moving away from investment and speculation and understanding the true value and lifechanging possibilities of Bitcoin.

So maybe before we go forth and educate we need to learn ourselves?
Lol, are you sure of what you just said, there's no way El Salvador would adopt bitcoin if there wasn't a growth in value. Now let's look at the price of bitcoin when it was introduced and compare it to the price of 2022, don't you think that's an increase.

2017, 2018, 2019 Bitcoin experienced a very sad period, after what happened, Bitcoin was able to break through a new ATH. I think you need to re-examine the flow of bitcoin journey from its first introduction until 2022. Only then will you draw conclusions on my post, is it nonsense or not.

Dude I'm 100% sure of what I said. Check what you said: year after year price goes up = wrong. Price does appreciate over the LONG TERM, but long term means many years, not annually. You need to reexamine what you wrote, if you think education and accuracy is important.

And you really thought El Salvador adopted Bitcoin? Lol Just because a dictator who abuses humans rights and murders his own people, but sits on the toilet Tweeting out that he bought Bitcoin with his people's money, doesn't make El Salvador an amazing Bitcoin paradise. When your own people are protesting, and had no choice in choosing Bitcoin but are forced to use some corporate wallet etc., that's something seriously wrong.

Yeah, the technology is far more important than the price itself but unfortunately, most people think bitcoin in terms of price and how they can make money out it.
No one really cares about the blockchain technology behind the crypto and all this stuff. People are more interested to know which year would be the possible next bull run  Huh

That's why I think education is much more than price. And in fact not even about technology... I talked about possibilities, how to change things in your life, what new windows open for you using Bitcoin, that's all.

See what I mean about real education and awareness? If you educate people about Bitcoin, they're not going to fall over buying BTC blindly just because El Salvador dictator did.

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September 30, 2022, 09:59:39 AM
 #167


Bitcoin education for people is to help them understand what bitcoin is, the benefits of using bitcoin over using fiat. Bitcoin was originally designed as a currency rather than an investment, but now most people view it as an investment. In my opinion, educating people about bitcoin so that they realize the benefits of bitcoin for them as bitcoin can be used as a payment method that replaces existing currency, as a store of assets...instead of just directing them to invest. That's really not good because investment doesn't always bring profit nor risk it brings. Giving them full knowledge of bitcoin and what they use it for is up to them.
Now there are many sources available to learn bitcoin on your own, and I think this is the best option when a person wants to learn and does it himself. If someone is forced to learn something, he will be suspicious of it and study it superficially. Another thing is if a person studies and cannot understand some points, and can't figure it out. But no one taught me, I became interested myself and searched for any available information about bitcoin, because I wanted it.
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September 30, 2022, 08:10:34 PM
 #168


Bitcoin education for people is to help them understand what bitcoin is, and the benefits of using bitcoin over using fiat. Bitcoin was originally designed as a currency rather than an investment, but now most people view it as an investment. In my opinion, educating people about bitcoin so that they realize the benefits of bitcoin for them as bitcoin can be used as a payment method that replaces existing currency, as a store of assets...instead of just directing them to invest. That's not good because investment doesn't always bring profit or risk it brings. Giving them full knowledge of bitcoin and what they use it for is up to them.
Now there are many sources available to learn bitcoin on your own, and I think this is the best option when a person wants to learn and does it himself. If someone is forced to learn something, he will be suspicious of it and study it superficially. Another thing is if a person studies and cannot understand some points, and can't figure it out. But no one taught me, I became interested myself and searched for any available information about bitcoin, because I wanted it.
The fuel for every knowledge is self-determination and control once one is determined to learn, he/she will go the extra mile to acquire such knowledge. And if given so much an opportunity as the ops provided for free it will be a great addition and support for those who will benefit from the op's selfless service and if it pleases the ops to also outline his area of coverage so that we can see how he intend to go about the curriculum.
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September 30, 2022, 08:15:47 PM
 #169

I was doing the same OP but I stopped. I've guided some people on how cryptocurrency works, especially Bitcoin, they were happy about it in the start after they knew how much profit they could make on it in the long run. However, the impatient ones blamed me because they were keep on insisting that Bitcoin is not going to pump again, way back 2018 when bear market hits, and they did panic selling, which they regret when Bitcoin pumps again.

Since then, I never guided anyone because I'm very disappointed on what happened. You guide them, teach them, and yet they would blame you when red candles appears. I don't like those kind of people. Hopefully that would never happen to you OP.

Maybe it's already a risk for everyone mentoring new people in bitcoin. I myself also feel the same way, most of them just want continuous profit but they forget that sometimes the market has time to go down for a long time. Again, human nature is greedy and it is very difficult to get rid of.

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September 30, 2022, 11:16:35 PM
 #170

Your individual efforts may not reach the masses, but you can create a butterfly effect.
Yeah, from the little impact it makes from being unnoticed but it will definitely make an effect that soon will be bigger than expected.
People who learn Bitcoin through your efforts can explain Bitcoin to others. This frequency, which starts with a small effort, can eventually create a very large wave. The individual efforts of you, me and other friends in this forum are actually very important. Without belittling these efforts, we must continue to share what we know to be true with other people.
It's like a connection that will be passed on and will only get those people that are certainly interested and won't waste the time of each other.

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September 30, 2022, 11:47:53 PM
 #171

getting someone to invest or join in bitcoin/crypto is not easy,

because they sometimes don't know what crypto/bitcoin is at all,
so it will definitely be difficult to enter an understanding or opinion about crypto/bitcoin against them,

because what I've been through,
when inviting someone to join or invest in crypto/bitcoin,
they ask

- what does bitcoin look like?
- what is bitcoin used for?
- where do bitcoins come from

they even ask what it looks like,
let me explain, bitcoin is digital money,
but they still don't understand,

so that's my experience when I invite someone to join or invest in crypto/bitcoin,

let alone the matter of the wallet, the issue of bitcoin is not yet complete.

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Smack That Ace
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October 01, 2022, 03:32:22 AM
 #172

getting someone to invest or join in bitcoin/crypto is not easy,

because they sometimes don't know what crypto/bitcoin is at all,
so it will definitely be difficult to enter an understanding or opinion about crypto/bitcoin against them,

because what I've been through,
when inviting someone to join or invest in crypto/bitcoin,
they ask

- what does bitcoin look like?
- what is bitcoin used for?
- where do bitcoins come from

they even ask what it looks like,
let me explain, bitcoin is digital money,
but they still don't understand,

so that's my experience when I invite someone to join or invest in crypto/bitcoin,

let alone the matter of the wallet, the issue of bitcoin is not yet complete.

Bitcoin education for everyone is not easy and not everyone can do it, especially it is not profitable for educators so few people are willing to do it.

Since they don't know what bitcoin is, they need our forerunners to guide them, if they already know they don't need us to do anything.

You don't have to get someone to invest in bitcoin, it shouldn't. What you should do is teach them the basics of bitcoin like how it works differently than traditional assets. Try to give them all the knowledge about bitcoin, but as to what to use bitcoin for, let them choose.

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October 01, 2022, 09:36:31 AM
 #173

getting someone to invest or join in bitcoin/crypto is not easy,

because they sometimes don't know what crypto/bitcoin is at all,
so it will definitely be difficult to enter an understanding or opinion about crypto/bitcoin against them,

because what I've been through,
when inviting someone to join or invest in crypto/bitcoin,
they ask

- what does bitcoin look like?
- what is bitcoin used for?
- where do bitcoins come from

they even ask what it looks like,
let me explain, bitcoin is digital money,
but they still don't understand,

so that's my experience when I invite someone to join or invest in crypto/bitcoin,

let alone the matter of the wallet, the issue of bitcoin is not yet complete.

Bitcoin education for everyone is not easy and not everyone can do it, especially it is not profitable for educators so few people are willing to do it.

Since they don't know what bitcoin is, they need our forerunners to guide them, if they already know they don't need us to do anything.

You don't have to get someone to invest in bitcoin, it shouldn't. What you should do is teach them the basics of bitcoin like how it works differently than traditional assets. Try to give them all the knowledge about bitcoin, but as to what to use bitcoin for, let them choose.

In my area, i have experienced that some people teach about bitcoin for free and later they suggest them to invest. Some even ask for money for investment in bitcoin and give profits on a monthly basis. It is sad that some people are also trying to scam people by giving them free education about bitcoins.
Smack That Ace
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October 02, 2022, 04:11:24 AM
 #174


```

In my area, i have experienced that some people teach about bitcoin for free and later they suggest them to invest. Some even ask for money for investment in bitcoin and give profits on a monthly basis. It is sad that some people are also trying to scam people by giving them free education about bitcoins.

It's not education, it's fraud, mate. I don't know how people educate others, but for myself, bitcoin education never talks about investing. I can only tell them that it can also be an investment but I don't want to show them how to invest. Bitcoin is not always profitable and the risk is very high, if they want, they can do their own research on social media or find someone else. For me, I just want to teach them the basics. I don't want money involved, if they make a profit it's fun, but if they lose, they will blame us and our relationship will fall apart.

Not only in your area but it is happening a lot and such scammers are moving to remote rural areas where bitcoin is not yet popular, they hold seminars from small scale to large scale. They label the sessions as learning about blockchain technology, about bitcoin, new world currency...but the ultimate goal is to entice people to invest with daily profits.

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October 02, 2022, 06:54:17 AM
 #175

Despite the fact that just a few countries have made Bitcoin a legal tender, the truth  Bitcoin is going to be adopted by the whole world as a decentralized global digital currency.

yes and we are getting closer to that time, when bitcoin adoption would have been unanimously a common thing for acceptability, it had suffered alot already in paying the price from those speaking against it, this more it goes the stronger it became, watch and see within a little space of time the numbers of countries that will soon join the adoption as a legal tender.

But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin

what other form of awareness could be better than the one derived from those that speak against bitcoin, they don't Know that what they do only increases the awareness for global adoption, the more they attack the wider it adoption becomes

and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme

I don't expect a newbie to come out in teaching a fellow newbie on what he himself barely knows about, that is wrong.

this assumption about Bitcoin has made many frustrated when their investment/holdings in bitcoin go down during a bear market.

this happens simply because those that introduced them to bitcoin does not take time to explain well the risk associated in bitcoin and how they can avoid running a loss instead of making profit, bitcoin is not what you can just explain with mouth within a day or two, it requires a two years + experience to know some part of it.

yes it is true I agree with your opinion, indeed to learn about bitcoin does take a long time, because I personally experienced a period of learning, because in the past I used to experience losses and panic, because I didn't know all about bitcoin and how to trade it well, but as time went on when i searched more about bitcoin online and offline, i finally understand about bitcoin, and plus from trading experience, i finally understand about how to trade well and understand the situation when the bear market comes.
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October 05, 2022, 06:36:18 AM
 #176

getting someone to invest or join in bitcoin/crypto is not easy,
actually it is not our obligation but at least our contribution to the community and the beloved cryptocurrency.
Quote
because what I've been through,
when inviting someone to join or invest in crypto/bitcoin,
they ask

- what does bitcoin look like?
- what is bitcoin used for?
- where do bitcoins come from
this can be easily check in Internet meaning if we are luring those people that Knows how to use internet then these questions will never occur at least in what I've seen?

but the problem is that if the people we are trying to educate are those people that far from civilization .
Quote
so that's my experience when I invite someone to join or invest in crypto/bitcoin,
Maybe if we are truly wanted to invite and ask them, it will be a privilege to provide?

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October 05, 2022, 02:05:21 PM
 #177

Giving theory without direct practice is a lie, they especially newbies can't fully understand your lessons without any practice that can be applied when they have started using Bitcoin. Learning basic knowledge also needs to be considered, such as how to use the right wallet to store Bitcoin, besides that they also need to know how to make transactions until they become fiat money. Basic things need to be considered so as not to be mistaken when making transactions.

Op, I think you need to make some documentation to attach here and complete with a description when this Thread is created so that other users who have the same desire as you can adopt the way you did.


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October 05, 2022, 11:40:16 PM
 #178

It is our duty to educate everyone on Bitcoin. We will definitely help those who are interested in working in Bitcoin to work in this Bitcoin.If the popularity of Bitcoin increases, it will certainly be a great gain for Bitcoin.Bitcoin customers will increase and investors will increase.Then maybe everyone will discover the popularity of Bitcoin and Bitcoin will be considered as a valuable asset by everyone around the world.

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October 06, 2022, 05:28:08 AM
 #179

Good work mate.Can you suggest some good study material to teach people about Bitcoin we can find on internet.

It's not just his responsibility. You all should teach everyone about Bitcoin. And since you are high on the forum, if senior members like you talk about Bitcoin here, new members will be interested to learn more. To get newbies interested in Bitcoin, seniors need to encourage them first.

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November 30, 2022, 07:26:38 AM
 #180

Some countries had made the bitcoin as the legal tender.So the government should allow some educational institutions to teach about the bitcoin along with their education.So the young people will get into the early adoption to the environment.The bitcoin and crypto currency will be the future economy.Many people depend on their life source based on forum and crypto currency.In four to five years,the crypto currency will become the medium of currency between two different country as like the US dollars.
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