Sometimes a good explanation is all it takes.

[Queentoshi]

I have come to realize that many people bad mouthing crypto don't do a single research on the technology first ( complete disregard ) so I urge you to explain more to those ( friends and families ) that call or will call crypto a scam all in the name of what FTX did with customers' fund.

Majority of person's who speak bad generally about cryptocurrency don't know enough about it, they speak out of assumptions and not proper knowledge about cryptocurrency. Having assumptions about something is the first way to gather wrong information about it. As people who have the facts, we can try to set the information about cryptocurrency straight to people mostly our close friends and family with the wrong idea about cryptocurrency. Try to change their perspectives, but don't force it.

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[Frankolala]

Lack of knowledge make so many people to  go astray with wrong information that they heard. Some people cant shut their mouth for a minute because they love talking and say whatever they hear anywhere without knowing if it is true or not. I think this is a conspiracy between the government, banks and social media to demoralize the public on the use of cryptocurrency as they see FTX crash as a big opportunity for them to scare the public from financial freedom.

It is the banks that are scam themselves for ganging up to deceive the public in other to be in control of the financial lives. It's like the banks are seeing the massive adoption of crypto by the people and are scared that they will not have enough to steal from people in the nearest future.

[Crypt0Gore]

The most foolish thing a man can ever do is believe he knows it all, if something sounds like a red flag to you make sure you do your digging first before condemning it, some people spread bad rumours about crypto, and if you ask them some questions about crypto you will find out they know nothing about it.

Sometimes I just have to believe that some do not want crypto to work out that's why they shut you down instantly when you try to put them through, they knew people are into the tech but their corrupt mind won't let them learn.

[LoyceMobile]

Fiat money is the biggest scam of all. Think about it

I wouldn't say fiat and banks are the biggest scam, because they're regulated and you can recover your funds since there's an insurance entity who have big reserved funds.

You're missing the point
The "insurance" on bank deposits doesn't mean anything, all it does is give you back the same fiat money that gets created out of nothing and continuously drops in value.

[Razmirraz]

After the FTX fraud spreads to every corner in my country my friends are saying crypto is the biggest scam of all, they said one day everything will reveal, this is coming from those that shows no interest in crypto at all even when I tried to confuse them but I did something right.

Their assumption on Crypto is horribly wrong, just because of FTX Fraud they say Crypto is a big scam. Assumptions like this are the same as when a woman is left by her boyfriend, then says all men are the same, even though not all men are like their boyfriends.
The incident that happened to FTX cannot be said to be a big Crypto scam, they cannot distinguish FTX from crypto because they are not familiar with how crypto works.

Then I went on to tell them how crypto is very different to FTX, complete transparent and immutable is what crypto is compared to FTX and I was able to confuse two friends after this explanation, now they want to know more.

Curiosity about crypto will be present in someone when he understands how crypto works, they can compare the positive side of your explanation with the negative side they read on social media. After they get to know crypto with all the benefits it can offer (even though there are risks in it), they will become increasingly obsessed with following in your footsteps.

[lovesmayfamilis]

I mean what's the point for you to spend more time and teach Bitcoin to them? there's no benefit for you, but you just increase a risk to being targeted by criminal or your friends. I believe there's many people who often ask for money when they see someone is richer than him, they will try to become a fake friend in order to take advantage over you. I would stay away when people are talking about Bitcoin and try to become stupid if someone ask about Bitcoin to me.

I, too, am always surprised at the zeal of people to "teach and promote" something. OP, why are you doing this? Everyone must do their job. Your friends think badly about Bitcoin; well, good luck. Why would anyone need to prove that the earth is round? In addition, they remain friends as long as they do not need money, and one day, as Solosanz was right, they will need money, and then they will come to you with a wrench.
Don't forget the rule: money loves silence. Your friends are not small children, and it is not necessary to prove anything; time will prove everything by itself. For example, I see your volunteering as an impulse of vanity, to seem smart and teach; it's cool, isn't it?

[Cryptomultiplier]

It takes someone with an accurate knowledge of a subject matter to actually teach or in this case explain in a way even a baby can understand. I see OPs effort in trying to convince persons who do not care to understand, how to get involved with something they detest due to ignorance.
The way I see it is this, when the need for fiat or cash arises, and they see how sufficient and cozy OP seems, or if they see how OP gets things done that has to do with cash. They will on their own lend ears to the lessons that would gladly follow through after giving a candid explanation. That's what is called a good explanation.

[AakZaki]

this is a bad influence caused by the FTX issue, so new users will say that crypto is not safe anymore and crypto should be shunned. Whereas FTX is only a centralized exchange that does not have any responsibility for misusing user money so that they collapse.
When your friends say that crypto is the biggest scam they don't believe in crypto anymore and consider all of them the same. We as crypto activists who understand crypto really have to provide education as clear as possible so they don't always think crypto is always bad. We or they have to do research to find out what we are using as in crypto. FTX is a fraud centralized exchange, and crypto is a digital currency that has many types, including Bitcoin which is.

[pooya87]

~
Boss pooya87 correct me if I am wrong, you said that Fiat is not money that it's currency, how is that when currency is simply one tangible form of money? Also crypto ends with currency too, is Bitcoin not cryptocurrency? Bitcoin fits money more than Fiat?  damn I'm confused.

Money is something that can be used as store of value and can maintain its purchasing power over long periods of time. Money is also fungible, divisible, medium of exchange, ...
A currency is all that (fungible, divisible, medium of exchange) minus the store of value part (ie. maintaining purchasing power).

Fiat is currency because it can not be used as store of value and it does not maintain its purchasing power over long periods of time (that is what inflation is and all fiats have it).

A cryptocurrency that can be used as medium of exchange can be called a currency. Majority of altcoins (specially tokens) can not, so they are not currencies (they are gambling tools).
As for bitcoin, it is a currency not money because even though it is being used as a medium of exchange and people refer to it as a store of value but its purchasing power is not fixed and it can rise or fall significantly.

You are correct that bitcoin fits the description of money more than fiat. That's because of the limited supply it has but until mass adoption things will remain volatile and bitcoin remains closer to the definition of currency than money IMO.

P.S. Search "Mike Maloney" on Youtube, he has very good stuff about money/currency and economy.

[KiaKia]

I wouldn't care to teach anybody about crypto because the last time I did that few people called me a useless being, the type that has no job and any value, I just smile and move on, I will wait for the day where they will be forced to ask me again, I know that day will come but it will be too late already.

Be careful when teaching people about normal things they should know, once they know you are into the thing and making money you can be a target too.

[KingsDen]

even when I tried to confuse them but I did something right.

I think you didn't try to confuse them rather you tried to convince them.

Then I went on to tell them how crypto is very different to FTX, complete transparent and immutable is what crypto is compared to FTX

Tell your friends that you meant bitcoin and not crypto. There are some altcoins and shitcoins worse that FTX. Don't make them to feel relaxed with crypto rather with bitcoin.

[_act_]

my friends are saying crypto is the biggest scam of all

Fiat money is the biggest scam of all. Think about it

In my country, $1 million in local currency in 7 years ago is worth less than $230,000 today, which means that if I save $1 million 7 years ago, the remaining amount now in dollars is around $230,000. Is that not scam? If gold and other valuable assets are turned to coin size and be used for money, it would have been better, but it was another way.

But if there is no fiat, bitcoin may not be worthy, fiat makes it worthy because people know that fiat value is reducing but bitcoin can be bought at low price and left for years to increase in price. But if fiat do not exist, there is still possibility that bitcoin will still exist though because it looks more like valuing old/traditional asset like gold in digital form with only just little differences.

[FatFork]

I have come to realize that many people bad mouthing crypto don't do a single research on the technology first ( complete disregard ) so I urge you to explain more to those ( friends and families ) that call or will call crypto a scam all in the name of what FTX did with customers' fund.

You can help people understand that Bitcoin isn't a scam by providing them with accurate information about the technology, its use cases, and its potential benefits and drawbacks. You could also share examples of successful Bitcoin adoption and use cases, or point them towards resources that will help them understand what the technology is and how it works. You can also help debunk common misconceptions about Bitcoin, such as that it's only used for buying drugs or other illegal goods. It is important to recognize that some people may have legitimate concerns about the risks associated with investing in Bitcoin or other cryptocurrencies since it is a relatively new and, for many, complex technology, and there have been numerous cases of scams or fake projects in the past. This is why it might be helpful to acknowledge any valid concerns they may have and provide them with information that can help them make an informed decision. Ultimately, the decision to invest in Bitcoin or any other cryptocurrency should be personal and based on your own research and assessment of risks and potential rewards.

[Lida93]

After the FTX fraud spreads to every corner in my country my friends are saying crypto is the biggest scam of all, they said one day everything will reveal, this is coming from those that shows no interest in crypto at all even when I tried to confuse them but I did something right.

I sent them a message through WhatsApp explaining to them that FTX is not crypto, that FTX is a private company that people aren't supposed to trust because it's centralised but they do and in the end FTX illegally use their money for their own selfish interests.  

Then I went on to tell them how crypto is very different to FTX, complete transparent and immutable is what crypto is compared to FTX and I was able to confuse two friends after this explanation, now they want to know more.

I have come to realize that many people bad mouthing crypto don't do a single research on the technology first ( complete disregard ) so I urge you to explain more to those ( friends and families ) that call or will call crypto a scam all in the name of what FTX did with customers' fund.

I have concluded with myself that I can't spill energy anymore trying to convince anyone that shows no interest in cryptocurrency especially as it concerns bitcoin, am of the opinion that the benefits and financial freedom  I am enjoying from cryptocurrency both in investments and trade's should do the convincing for me to anyone out there.
Cause it's so unscrupulous on how certain persons would just jump into criticizing, condemning and badmouthing something they have not gotten an insight about. It's better I poured out my energy to those people that shows interest to know and wanna learn cause it would be a lot easier for me bring them to light as against the latter.

[Alisha-k]

When people don't understand how a system works the spread FUD out of their own ignorance. The reason i also take my time to do detail explanation when i have crypto discussions with novices. I come to realise FUD spreads so fast and as it gets to people with little or no idea the start to panic even when most of them don't have a stake in the crypto business. It is the duty of the Crypto communities to educate and enlighten no matter how hardened this fellows try to be on the information delivered besides most of us were once hardened as regard Crypto related matters but today we are so informed about how it works and we too should di same for as many we come across.

[Jon_Hodl]

Fiat is the biggest scam of all.

Centrally controlled cryptos that can be printed out of nothing just like fiat are also a scam.

Bitcoin and ONLY Bitcoin is decentralized and outside of the control of any single entity.

All you can do with your friends, is to honestly answer and address all of their concerns they send your way and to humbly keep stacking sats. They will laugh at you today but when the price recovers to what it was before this whole FTX fiasco, some will just call you lucky while your true friends will humbly admit that they should have listened to you.

What's so annoying for me personally is that my friends love to troll me when the price dumps like is recently has but then ask me how to get in when the price is hitting all time highs. I have to constantly remind them that buying when the price is low and hodling for a few years is how you increase your purchasing power yet none of them listen to me.

I just have to be content with them staying poor while progress without them.

[Obari]

Sometimes it is good to enlightened someone on something for him or her to be familiar with it
In the past few years since crypto currency was introduced many still find it hard to believe it is real although they have no idea which made them to be that way but I believe if they were educated on e importance and the benefits they will be of a great partakers
Most people discouraged after finding it difficult to understand at first so they quit on the other hand people get tired of teaching others because they felt tired of much explanations

[Mate2237]

After the FTX fraud spreads to every corner in my country my friends are saying crypto is the biggest scam of all, they said one day everything will reveal, this is coming from those that shows no interest in crypto at all even when I tried to confuse them but I did something right.

I sent them a message through WhatsApp explaining to them that FTX is not crypto, that FTX is a private company that people aren't supposed to trust because it's centralised but they do and in the end FTX illegally use their money for their own selfish interests.  

Then I went on to tell them how crypto is very different to FTX, complete transparent and immutable is what crypto is compared to FTX and I was able to confuse two friends after this explanation, now they want to know more.

I have come to realize that many people bad mouthing crypto don't do a single research on the technology first ( complete disregard ) so I urge you to explain more to those ( friends and families ) that call or will call crypto a scam all in the name of what FTX did with customers' fund.

Op thank you for the explanation. Many people are misunderstanding the exchange platforms for cryptocurrency. But you wouldn't try to explain Bitcoin and exchange for them because your effort would still be turned down since they were not interested to use Bitcoin in any way. Even till date many people still believe that crypto currency is bad I anyone who is involved in crypto currencies is also a bad person. And because of that I just locked up my mind not to tell anyone about bitcoin again.

[Mr.suevie]

Sometimes it is good to enlightened someone on something for him or her to be familiar with it
In the past few years since crypto currency was introduced many still find it hard to believe it is real although they have no idea which made them to be that way but I believe if they were educated on e importance and the benefits they will be of a great partakers
Most people discouraged after finding it difficult to understand at first so they quit on the other hand people get tired of teaching others because they felt tired of much explanations

I will definitely count myself a victim of such misinformation, because ever since I heard about bitcoin I have had  Ill thinking and view towards it and to be clear it was the particular bitcoin that I had this hatred for and for reasons you won't particularly blame because of the massive pornzi scheme going on in my locality then and the rate of people that were being defrauded and I blame all this on the bitcoin trend that was circulating everywhere but just as you said it took only some few explanation and enlightenment for me to properly understand that I have been in dark for long toward this cryptocurrency trend that was going on in my locality and am just glad today that I was directed here for further learning and I can boldly say that the little information I got has definitely helped alot in my own journey.

[MIner1448]

Indeed, it is important to understand the difference between cryptocurrencies and private companies that use cryptocurrencies but are not cryptocurrencies themselves. FTX is a cryptocurrency exchange that uses blockchain technology, but it is not a cryptocurrency itself. Cryptocurrency is a digital asset that uses blockchain technology to ensure transparency, security and immutability of transactions.
However, as with any other technology, cryptocurrencies can be used for fraud. It is important to remember that cryptocurrency is not a magical solution to all problems and does not guarantee fraud protection. But, if properly used blockchain technology and cryptocurrency, they can provide a high level of security and transparency.
If your friends and family have doubts about cryptocurrency, explain to them that cryptocurrency is a technology that can be used for both good and bad purposes, just like any other technology. Ask them to study the technology and make a decision based on their own experience and knowledge.