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Author Topic: Spreading Bitcoin and its basic concept  (Read 356 times)
hyudien
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September 08, 2022, 03:33:09 PM
 #21

Bro, no matter how small your contribution today, in the future it will be something big and useful far more than what we think. It doesn't matter how you convey even a piece about Bitcoin. At least Bitcoin doesn't die in the wrong minds. I really appreciate what you do. Because 100 miles starts with one small step. believe one day they will thank you for introducing Bitcoin. What I'm saying comes from an experience where I was introduced to Bitcoin by people who used to have high expectations like you. And it turns out to answer all expectations need the right time.

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September 09, 2022, 01:51:51 PM
 #22

Of course this is a good initiative and needs to be supported to make everyone more aware that the future is in bitcoin and so that they also know that bitcoin has many advantages behind the risks.
If you keep doing this maybe you will get help from other people you tell and this can be a link so that everyone can get to know each other quickly.

Some people may not pay attention and seem to underestimate what you share. But it is an obstacle that you must overcome. Educating the people around you is what you have to conquer, if everyone around you knows about bitcoin, it will spread to other people quickly. This will be a wonderful experience for you.
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September 09, 2022, 02:45:14 PM
 #23

You tried your best from your end. Make sure your country allows you to use crypto, so you will not in trouble later on. We should adapt Bitcoin to the next generation and our friend's circle. So they could learn about Bitcoin and how it works. Otherwise, our next generation will learn from where. Most important is to share proper knowledge about Bitcoin. So they won't be misguided. Keep it up mate and help Bitcoin adaption.

One thing to do is to spread awareness about it and to give an idea of how good it is compared to our current banks. You can make an introduction where you first explain to them how banks work and how they have options to strict out funds whenever they want. then you go ahead and explain the concepts of bitcoins and their advantage of them as part of your assets. I'm sure with the good explanations, people will accept it and will gonna consider at least having some bitcoins with them. with the current state of the world right now where war is going on in some countries, it is really recommended to have bitcoins in your crypto wallet for emergency use.

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September 09, 2022, 03:37:16 PM
 #24

with the current state of the world right now where war is going on in some countries, it is really recommended to have bitcoins in your crypto wallet for emergency use.
Are you refer to Ukraine vs Russian?

How you can say Bitcoin can be used for emergency use during a war? I think in able to survive for war, you're need foods and weapon, not Bitcoin or other asset. It will become worthless since no one will looking about it including fiat money.

AFAIK Russia and Ukraine also doesn't accept Bitcoin as legal tender, so it's difficult to spend it for buy something in marketplace or groceries.

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September 09, 2022, 07:13:17 PM
 #25

He's just trying to spread the word about the usefulness of bitcoin and how it can generate income from investing in bitcoin, he's not bragging about how many bitcoins he has. Not everyone who knows bitcoin will become rich. I don't think you should overcomplicate the problem.
Spreading the word about bitcoin is good, but you cannot pretend that the way we do it is very important so we don't get ourselves in trouble or risk, there are many people that do not know anything about bitcoin but that it makes people rich and anyone that has even a small sat is rich, for these people you don't have to brag about how many bitcoins you have for them to think you are rich, what op did isn't bad, i was trying to point him to precautions he should take note of, cheers!

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September 09, 2022, 07:50:53 PM
 #26

some countries are already aware of the huge advantages of the bitcoin tax so they are now starting to campaign with bitcoin one of which is my country has now started to legalize a crypto mining because the government is starting to feel the big benefits of this crypto tax, actually you can do the same thing introducing bitcoin to people around you but as a suggestion you also need to learn a lot from this forum, many of them have interesting experiences for you to follow
Though there are already countries who are starting to understand the benefits of bitcoin, but I believe the majority are still in opposition of bitcoin simply because they never come to understand bitcoin itself. And good thing OP you are making it easier for people to understand since you are spreading facts about bitcoin. I hope your  own goal will be attained in the end and for sure with the help of this forum, you will gain more knowledge and different experiences from the people that will be very helpful in pursuing your goal.

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September 10, 2022, 02:20:25 AM
 #27

very nice you can give voluntary information about bitcoin, not many people want to do it,
want to teach about bitcoin how it is used, how technology is used, how to be successful with Bitcoin, and this will be an opportunity for others to join in and learn to see the benefits of investing in digital gold.
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September 10, 2022, 05:08:35 AM
 #28

The fact that people are spreading bitcoin all over the world and in different countries is very encouraging to me, A couple of weeks ago, I saw someone teach bitcoin to his neighbors and another person teach bitcoin to his friends. Even here on the forum, someone wrote a topic about teaching bitcoin in churches, which is great to see happening everywhere because it will increase people's knowledge of bitcoin and, consequently, lead to more bitcoiners and even more demand for bitcoins on the market, but we still have a long way to go because many others haven't heard about it. 

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September 10, 2022, 06:36:51 AM
 #29

That's a nice way to let people know and promote bitcoin. And you are right, awareness is the first step for making bitcoin a legal tender or at least make business accept crypto currencies in your country. Just make sure to keep everything simple. There is no need to go deep into bitcoin when teaching them. If you do so, they will end up thinking it is something very complicated for them and will lose their interest. Teach them the basic, like how to create a wallet, how to keep them safe, how to make backups of the wallet, how to send/receive coins and how to buy them from exchanges or p2p method. These are actually enough for casual transactions that we do everyday.

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September 10, 2022, 06:59:44 AM
 #30

You taking a big risk.. being a "new" employee and spreading information about a technology that are highly controversial.  Roll Eyes  Most countries do not have proper regulations regarding "Bitcoin" and crypto currencies, so people are using it in a "grey" area ...when it comes to the law.

What if you done this and many people bought bitcoins and suddenly your government bans Crypto currencies? You will have to warn those people about the possible consequences of their decisions.... to cover yourself.

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September 10, 2022, 07:26:04 AM
 #31

     Its wonderful to read your contributions, I appreciate all your encouragement and advises on my effort in spreading Bitcoin awareness. Its is during break time, I discuss bitcoin and not working hours.I am only telling them about the basics and not about investing. I have even received a call from someone that wants to learn, he got my contact from the flyers that I shared.
It is very important that you are as clear as possible about the fact that you are not really telling them what to do or this could eventually come back to haunt you.

And this is because most people are not really ready to invest in any market, especially one that is as volatile as the market of cryptocurrencies in general, so you'll need to make sure that you only offer the most basic advice and if people begin to ask you about in which coin they should invest you always deflect the question and never answer directly, because if you do and they invest in the coin that you recommended and they lose money they are going to blame you about their losses.
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September 10, 2022, 08:49:30 PM
 #32

You taking a big risk.. being a "new" employee and spreading information about a technology that are highly controversial.  Roll Eyes  Most countries do not have proper regulations regarding "Bitcoin" and crypto currencies, so people are using it in a "grey" area ...when it comes to the law.

What if you done this and many people bought bitcoins and suddenly your government bans Crypto currencies? You will have to warn those people about the possible consequences of their decisions.... to cover yourself.
This is why when I am still new in the class or at my new work, I always keep quiet until I gather more friends and other people will know me personally. That should be the time to share my knowledge on the things that I know such as bitcoin but of course I will not share illegal stuffs with them. If btc is restricted on my country then better if I will keep quiet because I am afraid they will blame me once they get caught out by the authorities.

If btc is fully legal, I will just tell them everything that they need to know including its disadvantages and risk, that btc is too volatile and then there are so many hackers or scammers who are after our coins.

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September 10, 2022, 08:59:07 PM
 #33

That's good and well done Franko, although it's going to be a long way to go you did it by having that initiative. About investing, I think many will still doubt you on this not until they've fully understood what you're teaching them. That's okay but don't feel bad and down when those people who you shared with those brochures and invitations of yours will think like that. Many will tell you that they're interested and will praise what you've told them about bitcoin but in the application of the actual buying and investing, not everyone who said that will have to walk the talk.
Everyone has different thoughts when it comes to bitcoin. Some will favor on it, some will doubt it, and some will even give their own points of view about bitcoin which might be opposite from yours. Accept whatever it is as you can’t persuade everyone to like and invest into bitcoin. But the good thing is, you are making awareness on it through certain facts which will definitely open the minds of some pro bitcoin. Later on, you will be surprised that they are already buying and hodling bitcoin. But I just hope you should also make them cautious investing in a risky investment like bitcoin.
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September 10, 2022, 09:23:33 PM
 #34

You tried your best from your end. Make sure your country allows you to use crypto, so you will not in trouble later on. We should adapt Bitcoin to the next generation and our friend's circle. So they could learn about Bitcoin and how it works. Otherwise, our next generation will learn from where. Most important is to share proper knowledge about Bitcoin. So they won't be misguided. Keep it up mate and help Bitcoin adaption.
I see your efforts OP and I’d say everything is quite good and impressive. Just continue what your doing as it could be very helpful for some who didn’t even heard and know about bitcoin. Although expect that not everyone will like what you are doing, but never get discouraged  and stay focus on your goal. When the government will start to accept and adopt bitcoin, at least you know in yourself that you have been a part of its own success.

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September 10, 2022, 09:42:27 PM
 #35

with the current state of the world right now where war is going on in some countries, it is really recommended to have bitcoins in your crypto wallet for emergency use.
Are you refer to Ukraine vs Russian?

How you can say Bitcoin can be used for emergency use during a war? I think in able to survive for war, you're need foods and weapon, not Bitcoin or other asset. It will become worthless since no one will looking about it including fiat money.

AFAIK Russia and Ukraine also doesn't accept Bitcoin as legal tender, so it's difficult to spend it for buy something in marketplace or groceries.

I guess what he meant was, bitcoin could be better used as a store of wealth in cases like the war between Russia and Ukraine. During the war, in addition to food and weapons, the preservation of property is also necessary for reconstruction after the war ends. We cannot store our assets in fiat or gold because they are too bulky to move anywhere, depositing money in the bank can also be lost if war causes too much damage. If using bitcoin, bitcoin will solve all the above problems.

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September 10, 2022, 10:22:17 PM
 #36

I have taken it upon myself to go extra miles,to start introducing Bitcoin and its basic concept to people in my locality and place of work voluntarily.
Its actually a pleasure getting to know you are putting in your efforts to try to ensure those around get the basic knowledge about Bitcoin and Blockchain in general, and i will strongly advise that as you plan to tell people about Bitcoin, don't forget to also let them know that Bitcoin also a volatile currency whose value fluctuate every seconds, of which its advisable to invest a certain amount you can afford to loss



Quote
If so many persons are involved in the Blockchain, when our government notice this,they will be left with no option than to embrace this new era ,believing they will be able to generate tax for the country.  
If the citizen's mass involvement in Bitcoin was a criterion for it to be made a legal tender, then I think Nigeria would have been one of those countries by now. Because taking a look at the chart below of countries mostly involved in Bitcoin, you could see Nigeria taking the lead on the chart and yet Bitcoin not legalized, unlike El Salvador and the "Central African Republic" whose name can't be found and yet Bitcoin legalized. So in conclusion, Bitcoin been made a legal tender has nothing to do with mass adoption


Image credit: statista.com

 
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September 10, 2022, 10:41:57 PM
 #37

It's great that you're spreading word about bitcoin, congratulations. All I can say in this situation is keep it going! You're doing the right thing.

Bitcoin has a huge emerging market to fill in Africa and one day it's going to explode there, especially in countries that are forced to trade using cell phone accounts because their fiat money is worthless. this is where bitcoin is really needed and where it will bring real financial freedom.
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September 11, 2022, 02:53:30 PM
 #38

I think every step taken to GENUINELY promote bitcoin should be applauded👏, as it's essential to aiding our trading and investment.

Howbeit, let's be guided and not try forcing people, else they might see it as scam.

Promotion of bitcoin not only with its introduction but also with trading and investment. A few years back, opening up the way of bitcoin in London, Paris etc were remarkable. People are using different technology to reach the masses. Nowadays, people are faster adopters.

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September 11, 2022, 04:49:26 PM
 #39

It's great when people who are into innovations join civil service and spread awareness about things there. Even if you're doing it during free time, it's still something new that people are learning and perhaps one day they'll figure out how to implement it in your country. That, of course, depends on the department you're in and the kind of projects you and your colleagues are actually working on, but people switch departments sometimes, so even if your civil service is far from whatever sector can help with Bitcoin adoption, it's still nice you're spreading info about it.

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