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Author Topic: I have started teaching Bitcoin to my Neighbors  (Read 1917 times)
Doan9269
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September 03, 2022, 03:06:42 PM
 #101

I have a neighbor who is a boy with a girl, they are both a couple and they ask me how the forum is going, lol, I tell them everything because I am an immigrant, in fact recently I had some problems in my local section, and They know all that, they wanted to enter the forum, but they tell me that it scares them because they think that since they don't know much they will treat them badly, but I already helped them get their accounts from Binance and they have already bought their first satoshis, and they see a lot about cointelegraph and the guy wants to trade, he says that makes a lot of money lol.


That's good of you, you have contributed on one way towards the general adoption of bitcoin in your own capacity, trading is always a good thing to do in bitcoin, but I will advise he gather experience in learning about the trading and it's types and strategies befoee he started, he also need to create time in making research, paying attention the learning and instructions especially here on the forum since you've introduce him here and i think bitcoin discussion and wall observer in economics will be a good learning ground for him, then you should never forget to let him know the difference between CEX and Dex in other to remain safe.
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September 03, 2022, 09:57:24 PM
 #102

Were they able to jot things down? Regarding their sitting position. However, you are doing a great job, get them to create their first wallet then start putting Bitcoin into it bit by bit, since they are young people their parents can fund it. Are you teaching them free of charge? If so it's ok, but paying for the session with you in your little home will enable them take the whole process more serious. From time to time they will be able to understand how the blockchain network works.
Don't you think it will be to fast for them to get a bitcoin if they haven't yet know the risk that is involve in bitcoin,  I mean volatility.  I think right now they already know the benefits of bitcoin, it is also important to teach them the volatility of bitcoin,  and how to have patience when bitcoin go dip so that if they experience it they won't feel feel much panic, buying Bitcoin should be the last  aspect and this should be done by their own decision. Their are other important things they need to know to like how to secure wallet from fraudsters.
I guess everything about bitcoin that should be learned by his neighbors are already outlined in his teaching modules. OP is taking one step at a time until he will start seeing his neighbors well knowledgeable about bitcoin, as well of its own flaws. And when that time comes, investing in bitcoin will become possible because for sure OP will certainly guide them throughout investing.

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September 03, 2022, 10:16:02 PM
 #103

I have a neighbor who is a boy with a girl, they are both a couple and they ask me how the forum is going, lol, I tell them everything because I am an immigrant, in fact recently I had some problems in my local section, and They know all that, they wanted to enter the forum, but they tell me that it scares them because they think that since they don't know much they will treat them badly, but I already helped them get their accounts from Binance and they have already bought their first satoshis, and they see a lot about cointelegraph and the guy wants to trade, he says that makes a lot of money lol.


That's good of you, you have contributed on one way towards the general adoption of bitcoin in your own capacity, trading is always a good thing to do in bitcoin, but I will advise he gather experience in learning about the trading and it's types and strategies befoee he started, he also need to create time in making research, paying attention the learning and instructions especially here on the forum since you've introduce him here and i think bitcoin discussion and wall observer in economics will be a good learning ground for him, then you should never forget to let him know the difference between CEX and Dex in other to remain safe.
Any forms of sharing whether on your own relatives/family or other person around or in the community would be always considered as a good initiative or good gesture on sharing up about Bitcoin or crypto as a whole.

This might be just a small scale of sharing or adding up on recognition but at least we are really able to spread up awareness about its existence.As a sharer then you shouldnt really just make out some guarantees

that they would able to make money because we know that this isnt a quick or easy money scheme that most noobs do really mind off whenever they hear about something new and get those initial impressions.

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September 04, 2022, 08:24:59 AM
 #104

I think this is the best way to provide understanding and introduce bitcoin to your neighbors, especially they look very young whose understanding is very easy to catch the discussion you have talked about Bitcoin. Continue to do so that they truly believe that Bitcoin is very important for the development and excellent insight about Bitcoin and crypto in the future, especially in this era of increasingly sophisticated technology so that they can help you convince everyone in your area to understand Bitcoin and how to use bitcoins.
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September 04, 2022, 01:41:36 PM
 #105

That's very good to see people start teaching bitcoin and cryptocurrencies to other people in different places and situations, just a few weeks ago I saw another pson post a topic and said he began teaching about bitcoin and cryptocurrencies to high school students, and many people, the most crucial part whenever you are teaching bitcoin or any new technology other people is the demand by them to learn because if they are interested in learning new technologies you won't have a hard way ahead to teach them especially if they have some basic knowledge about it, that's my personal experience about teaching bitcoin to other people.
Good to see op's work. I can remember, when I come into crypto, there was no one around to help me for better understand it. From this point, present peoples are lucky who are interested in learning about Bitcoin, Crypto. There are many people around them, who are ready to help.

Personally it took me considerable amount of time before I was able to grasp the whole concept of bitcoin because there is no one to teach me, I sat down did research thereafter learnt it myself, had I knew someone who can teach me, I will have learn it very quickly, however I later started teaching people on how to create a wallet, how to transact bitcoin, encouraging them to buy when the price drops and always call their attention whenever the price pumped and make a rough estimate of their Profits if they had bought at a lower price etc, I like what the OP had done though it's likely that not of all them will be interested however some handful of those guys will be involved in it.

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September 04, 2022, 01:53:15 PM
 #106

A big initiative and earlier I had the same thoughts. Years back I introduced it to my friends. Even I don't had much knowledge by then, but introduced what I knew. No one showed interest on learning, maybe I'm not good in explaining. Now those friends have created their own portfolio and are into cryptocurrency investment. Maybe with time they'll learn better about the real value of cryptocurrencies than just as an investment.

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September 04, 2022, 03:17:59 PM
 #107

I think this is the best way to provide understanding and introduce bitcoin to your neighbors, especially they look very young whose understanding is very easy to catch the discussion you have talked about Bitcoin. Continue to do so that they truly believe that Bitcoin is very important for the development and excellent insight about Bitcoin and crypto in the future, especially in this era of increasingly sophisticated technology so that they can help you convince everyone in your area to understand Bitcoin and how to use bitcoins.
The idea you present looks good, but it will also take more time for the teacher to use. Because telling about Bitcoin to neighbors also has to prepare some material to be explained to them and also the explanation must be easier to understand so as not to take more time in teaching and introduction.
Because now very few people want to teach for free, especially if the thing being taught is about Bitcoin and cryptocurrency.

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Mr. Magkaisa (OP)
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September 05, 2022, 06:51:16 AM
 #108

@Mr. Magkaisa

You are doing a great job. I always like people who teach others about bitcoin and cryptocurrency as a whole.
Although you are doing a great job by initiating this step to teach your neighbors about bitcoin I would say you to go step by step so that they can get to learn it in detail.

For example:
You have to teach them everything session by session. These sessions can consist of different things involved in bitcoin and blockchain.
Your sessions may include the below.

Peer to Peer technology and the decentralized web
Cryptocurrency
Blockchain
Wallets
Making transactions
Block explorers
Different kinds of addresses
Lightning Network
Altcoins
Stable coins
Bitcoin core
Running a full node

These can be explained on a high level. Once all of these are completed you can go much deeper into the technology
Also, while teaching them make sure you include the practicals because showing how it works in practicality will make them understand better.

Thanks for all this guidelines you gave, I will take note of these and this will give a good knowledge for them to learn a lot here
in the bitcoin industry. I really appreciated all the additional advise and tips to help these young adults. Who knows that in the future one of these young in mind will become one of the successful community here in the cryptocurency anyway.

The idea you present looks good, but it will also take more time for the teacher to use. Because telling about Bitcoin to neighbors also has to prepare some material to be explained to them and also the explanation must be easier to understand so as not to take more time in teaching and introduction.
Because now very few people want to teach for free, especially if the thing being taught is about Bitcoin and cryptocurrency.

Thanks for the heads up Sir, That's what I do, I explain in a simple way that they can easily understand, I don't explain too much about the technical aspects of bitcoin, of course as a newbie like them, it should be as far as their understanding is concerned.

That's why I started with the features and usages of bitcoin, I didn't explain trading first because it can't be easily absorbed by beginners like them in the world of cryptocurrency.

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September 05, 2022, 05:49:28 PM
 #109

Waw that’s really nice you are really trying am sure this will help in spreading of bitcoin, those you are teaching will also benefit from bitcoin and am sure they will also teach some of there relatives about bitcoin, with time more people will start knowing about bitcoin even people in rural areas, I think you have really done well and am sure you will keep it up.

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September 05, 2022, 06:06:52 PM
 #110

Continue and continue to focus on the concept you have, actually it is also an education about Crypto that needs to be discussed with some of the closest people, this is a good thing you are doing and the people on this forum certainly support your activities In this case, teach them with the knowledge and experience you have and maybe they will be inspired and join and be serious in the world of Cryptocurrency.
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September 06, 2022, 11:46:27 PM
 #111

Many people on this forum are doing the same thing as you, myself also doing something like this, teaching the general public about Bitcoin, many people who are closest to you are now interested in Bitcoin. but the spirit of friends to continue to invite them to know Bitcoin more deeply, and they will understand Bitcoin completely.

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September 07, 2022, 04:13:29 AM
 #112

many responded that bitcoin was very instant, only selling, buying in one market and lack of info. home even though not everyone accepts and learns it. I'm sure crypto is not far from fomo which makes the crypto teaching and learning process grow even though it's not an official channel or school path. Unfortunately the media is also sometimes balanced by fud by people whose analysis is not yet mature so that beginners should be able to hear the news circulating. I positively agree with the referrals and volunteers who educate patiently.

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September 10, 2022, 02:51:17 PM
 #113

many responded that bitcoin was very instant, only selling, buying in one market and lack of info. home even though not everyone accepts and learns it. I'm sure crypto is not far from fomo which makes the crypto teaching and learning process grow even though it's not an official channel or school path. Unfortunately the media is also sometimes balanced by fud by people whose analysis is not yet mature so that beginners should be able to hear the news circulating. I positively agree with the referrals and volunteers who educate patiently.
Those who are willing to teach for free and are patient are very extraordinary people. Because the material about cryptocurrency and Bitcoin is not yet available at the school level and also lectures because it has not been included in the student learning curriculum in schools and students in lectures. So many of the young people still don't know about cryptocurrencies and Bitcoin at this time.

That's what I see in the country I live in now and I also don't know about the conditions of studying abroad or studying abroad.
And I hope that in the future the government in the field of education will include a curriculum about learning cryptocurrency and Bitcoin in schools and lectures.

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September 10, 2022, 03:10:27 PM
 #114

Very good job indeed! I never did something so semi-professional but whenever a neighbour or relative asked me about Bitcoin and its price I always try to explain them what blockchain technology is, what are benefits of that technology, how to send or receive money etc. In overall it helps people to change their lives. Many people started asking me how to trade stable coins when there are issues with banking etc. Most people her learned about Binance and Bitcoin through young people like us.
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September 10, 2022, 04:03:00 PM
 #115

Hello everyone here in this forum, If you remember I made a topic here about the plan to teach Bitcoin in my Subdivision area. https://bitcointalk.org/index.php?topic=5404886.0

It took quite a few weeks before I was able to give you updates, and finally some of my neighbors who told me and showed interest in what Bitcoin is all about and how it can help them, they agreed to arrange their schedule so that I could teach them and here it is and it happened and it was held in my own little home. And the funny thing here is that they are all young people, and currently studying, they showed interest in what I am doing with bitcoin, what it really is. These are just some of the pictures that I will show you that I myself was really happy with them that's why I didn't regret to give them time and even it was conducted in my house in this regard.


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This is the first step topic that I taught them first, it's really basic and I explained to them slowly and properly in our language, the funny thing is that they came to my house with a small notebook and a ballpen to jot down the important points I will make.

According to the image you see above, these young people told me that they got interested because it was their parents who encouraged them to come for me to teach them about what I was doing with bitcoins and their parents said that even though I am not employed or unemployed, I can still pay my monthly billings, rental house, internet bill, electricity, and water bill within 6 years. And the rest of them are already 27yrs old, 22, 18, and 17 years old. And they are all inspired by what I do. after the first session, they had questions about what I taught them about bitcoin, and they were completely satisfied with the answer they like to hear from me.

The beauty of it is that before the end of our bitcoin session, the five of them agreed that every twice a month there will be a small home party session here at my house. I said no problem and I will give it to them for free. One of the young people even said that he gradually understood bitcoin and plans to make it a secondary payment option in their small sari-sari store here in our subdivision. But for now, he will study for now. That's why the basic usages and benefits was the one I tackled in the first place.

So my only request to the other members here in this forum is to teach me what can be taught to them that I may not know at the moment, although I am not an expert here but only basic thing about bitcoin that I share with my acquaintances here in the community I'm in. So you are free to provide additional knowledge on this matter and I am willing to accept it because I am also one of those who are still learning about bitcoin.

Thank you very much for taking the time to read this topic I made, and I will continue to give you updates on my next teaching to these young people. God bless you all Smiley

You have done well. Atleast to your own start levels you have been able to put people through acquiring digital knowledge about Crypto currency and Bitcoin in particular. Atleast this should be applaudable for a start as you have given them the basic foundation of Bitcoin as they are beginners.if every one blockchain Enthusiast or Bitcoin holder on this platform does this onece every week there would be rapid adoption globally and it would speed up massive acceptance of Bitcoin globally. The issue why Bitcoin has not been accepted as a means of payment globally is because there not many people ready to introduce it to people in there region this is just the only challenge hindering the wife spread and adoption of Bitcoin.

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September 10, 2022, 05:56:17 PM
 #116

Cryptocurrency is introduced as new currency. It is necessary to know about it because it helps in future. In future we can pay bills through Cryptocurrency and this feature started from last year. Many companies, hotels, shops Accept Cryptocurrency as a cash payment. I have shared BTC information with my neighbors and they are interested in Cryptocurrency. I only gave them hint now they auto search on google and youtube and they are learning about it.

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September 10, 2022, 06:17:40 PM
 #117

Cryptocurrency is introduced as new currency. It is necessary to know about it because it helps in future. In future we can pay bills through Cryptocurrency and this feature started from last year. Many companies, hotels, shops Accept Cryptocurrency as a cash payment. I have shared BTC information with my neighbors and they are interested in Cryptocurrency. I only gave them hint now they auto search on google and youtube and they are learning about it.
But what about illiterate people who have no trust on digital currency? It is so tough to teach about digital currency. Besides, we have to teach them about the risk of investment also. If we able to teach them both pros and cons of Bitcoin, I think they will be able to adopt with it easily.
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September 10, 2022, 07:07:00 PM
 #118

But what about illiterate people who have no trust on digital currency? It is so tough to teach about digital currency. Besides, we have to teach them about the risk of investment also. If we able to teach them both pros and cons of Bitcoin, I think they will be able to adopt with it easily.

Illiterate people can be convinced with proper introduction, proper talk, and examples.  People don't trust things that they don't know.  But it is proven that once people understand what that thing can do and learned that is beneficial to them, they will either immediately trust or slowly open their mind to accepting facts.  

Patience and a bit of perseverance and consistency, are needed in this kind of scenario.  Introducing Bitcoin to illiterate people will be a challenge but with proper planning and proper guidelines,  I believe these people will be able to understand Bitcoin and will open their mind and heart into accepting it.

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September 10, 2022, 07:35:51 PM
 #119

Great job what have you did when teaching your neighbors to know about bitcoin and cryptocurrency, how ever at the future they have capital become investor or not with cryptocurrency but all of your neighbors have know what is kind of bitcoin and advantage when adopting bitcoin as currency payment transaction.

I know with bitcoin last several years later but I don't have public speaking skill how to teach my neighbors with bitcoin, although worried when ask them for investing in bitcoin with price not stable but no bad try to give them education about what is bitcoin and advantage or disadvantage when using bitcoin for investing assets.

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September 10, 2022, 09:01:50 PM
 #120

Very good job indeed! I never did something so semi-professional but whenever a neighbour or relative asked me about Bitcoin and its price I always try to explain them what blockchain technology is, what are benefits of that technology, how to send or receive money etc. In overall it helps people to change their lives. Many people started asking me how to trade stable coins when there are issues with banking etc. Most people her learned about Binance and Bitcoin through young people like us.
I think what you are currently doing there can be already called as a semi professional because teaching someone in a precise way is not easy but it takes patience and time for your students to learn as they can keep on asking you repeated questions. It's nice that those people start to realize the importance of cryptos right after they experience an issues with their local banks.

Well, banks are unreliable even at the start. Many elders are also interested but younger people got them covered since they are more knowledgeable when it comes to this while I am not totally underestimating the ability of the elders as there's also elders who got involved on crypto first before us teenagers.

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