What is the easiest way to explain bitcoin to a regular person?

[serjent05]

There is no easiest way to explain Bitcoin to any person other than telling the truth and the importance of Bitcoin. They'll never appreciate the value and role of Bitcoin to them if they won't clearly understand it that is why we shouldn't hurry to teach them but rather do it step by step until we reach the goal. Because Bitcoin is not just a few words or a simple discussion but indeed, it was a long discussion which means that it takes time for the listeners to catch up. especially when we are mentioning some technical terms.

There is always an easier way to explain Bitcoin but the problem is the understanding of the target person.  The easiest way is to say that Bitcoin is like money, it can be transferred, can be bought, can be gift, and can be used to buy merchandise.  Anything that is beyond introducing Bitcoin as money will complicate things.  So if anyone wants to explain Bitcoin in a simple term, just tell them Bitcoin function like currency that is why it is called cryptocurrency.

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[freedomgo]

The easiest term would be 'internet money' and there's a deeper explanation if they want to proceed from that term you'll tell them.
As much as possible I avoid explaining with jargon words because most of the people in my circle aren't really technical in-depth with technologies, crypto, and blockchain. The easiest terms I use like online money, investment, and asset but when it comes to investment, they're becoming scared of them because many of them became a victim of online investment scams. But from there, I always get to explain that bitcoin is different from those that they've encountered.

Maybe I would tell them that bitcoin is designed as a currency, however since the world is not ready yet about this innovation, bitcoin is accepted today more as an investment. That way, at least they will know that bitcoin has two options, and not just as an investment alone. However, I also don’t like telling people about this and that. The best way is still to tell them to make a thorough research so they will clearly understand what is bitcoin and how bitcoin works. If they are still in doubt, then I don’t have to convince them for that because I don’t want to be blame if ever bitcoin frustrates them in the future.

[abel1337]

Volatile internet money would be the easiest way to tell to a regular person what bitcoin is. I'm sure they will understand it from the word itself. If you really want to caught the attention of that regular person you can say that you can possibly earn money from it and make him use google if he got really curious about it. People tend to be really curious when they know that they can take advantage of something like earning on cryptocurrency, I know it cause I experienced it several times already. You can tell them to just use google for research and go back to you if they don't understand something or has jargon words in it. This is where you can easily filter the one who are really willing to learn about crypto.

[Artemis3]

Just like the whitepaper said, electronic cash. Finite emission 90% done, very hard to change rules executed by computers around the world.
No State, no banks/exchanges. Just people to people. Pay with bitcoin, get paid with bitcoin, wallet to wallet, accepted worldwide fin. Its purchase value is defined by the free market, and it has steadily increased since its creation in 2009. Can go up and down in the short term, but long term has always been the same: up. The more people learn about it, the more they want it, because of its merits.

[Macadonian]

There is no easiest way to explain Bitcoin to any person other than telling the truth and the importance of Bitcoin. They'll never appreciate the value and role of Bitcoin to them if they won't clearly understand it that is why we shouldn't hurry to teach them but rather do it step by step until we reach the goal. Because Bitcoin is not just a few words or a simple discussion but indeed, it was a long discussion which means that it takes time for the listeners to catch up. especially when we are mentioning some technical terms.

There is always an easier way to explain Bitcoin but the problem is the understanding of the target person.  The easiest way is to say that Bitcoin is like money, it can be transferred, can be bought, can be gift, and can be used to buy merchandise.  Anything that is beyond introducing Bitcoin as money will complicate things.  So if anyone wants to explain Bitcoin in a simple term, just tell them Bitcoin function like currency that is why it is called cryptocurrency.

Bitcoin is not like money it is money. I think the best term to use would be currency instead of money but it works different to other currencies that people are used to and if you tell them it works like it they will expect it to be the same and when they convert it could make them leave because they are not used to the interface or complex terms used by the Bitcoin community. I recommend breaking it down for them and explaining the differences not just saying it is similar to the dollar.

[CODE200]

There is no easiest way to explain Bitcoin to any person other than telling the truth and the importance of Bitcoin. They'll never appreciate the value and role of Bitcoin to them if they won't clearly understand it that is why we shouldn't hurry to teach them but rather do it step by step until we reach the goal. Because Bitcoin is not just a few words or a simple discussion but indeed, it was a long discussion which means that it takes time for the listeners to catch up. especially when we are mentioning some technical terms.

There is always an easier way to explain Bitcoin but the problem is the understanding of the target person.  The easiest way is to say that Bitcoin is like money, it can be transferred, can be bought, can be gift, and can be used to buy merchandise.  Anything that is beyond introducing Bitcoin as money will complicate things.  So if anyone wants to explain Bitcoin in a simple term, just tell them Bitcoin function like currency that is why it is called cryptocurrency.

Bitcoin is not like money it is money. I think the best term to use would be currency instead of money but it works different to other currencies that people are used to and if you tell them it works like it they will expect it to be the same and when they convert it could make them leave because they are not used to the interface or complex terms used by the Bitcoin community. I recommend breaking it down for them and explaining the differences not just saying it is similar to the dollar.

I think we all need to realize that bitcoin is not entirely means money but a thing we called cryptocurrency. We can identify the idea of money and not entirely means bitcoin because I think the term money is entirely general term. But I do realize your idea that bitcoin can be called as money. We can also go to the idea of using it just like as we use money but more on online and through technology. Bitcoin nowadays are somehow common to many people just how the pandemic affects it. We can explain it to the others with the idea of how we use money but pure in technology and online. And yes, we can bought it and store it because of the idea of its being unstable or changing price. Bitcoin is evolving and advancing, who knows what might be capable in the future.

[Mr. Magkaisa]

   -    If you are going to explain bitcoin to someone, you should make sure they understand it. And for that to happen, link bitcoin to something similar to a credit card that can be paid online without having to spend literal money, and creating a bitcoin address is similar to creating an Instagram account. , Facebook, and Twitter.

It is not necessary to explain bitcoin literally because someone hearing it for the first time will not immediately understand it. No person who studied at the school who enrolled today and tomorrow will immediately graduate, likewise in its meaning and use it as a process and the right time until when it will be fully known.

[Tony116]

There is no easiest way to explain Bitcoin to any person other than telling the truth and the importance of Bitcoin. They'll never appreciate the value and role of Bitcoin to them if they won't clearly understand it that is why we shouldn't hurry to teach them but rather do it step by step until we reach the goal. Because Bitcoin is not just a few words or a simple discussion but indeed, it was a long discussion which means that it takes time for the listeners to catch up. especially when we are mentioning some technical terms.

There is always an easier way to explain Bitcoin but the problem is the understanding of the target person.  The easiest way is to say that Bitcoin is like money, it can be transferred, can be bought, can be gift, and can be used to buy merchandise.  Anything that is beyond introducing Bitcoin as money will complicate things.  So if anyone wants to explain Bitcoin in a simple term, just tell them Bitcoin function like currency that is why it is called cryptocurrency.

If just explaining bitcoin like fiat money proves it to be unremarkable then they won't be interested in bitcoin, there's no easy way to explain bitcoin to people. Bitcoin is essentially virtual with no physical form and you only briefly explain it, which makes it all the more suspicious. The best way is to give them basic material about bitcoin and ask them to spend time learning about bitcoin. Only then will they see the awesomeness of bitcoin and will decide to participate or not?

[justdimin]

If just explaining bitcoin like fiat money proves it to be unremarkable then they won't be interested in bitcoin, there's no easy way to explain bitcoin to people. Bitcoin is essentially virtual with no physical form and you only briefly explain it, which makes it all the more suspicious. The best way is to give them basic material about bitcoin and ask them to spend time learning about bitcoin. Only then will they see the awesomeness of bitcoin and will decide to participate or not?

I think it would be possible to teach people by comparing it to fiat, if only you could put the differences in there. Assume like this "USA has dollars, UK has pounds, Europe has euro, china has yuan and bitcoin is the digital version of it" that's what I enjoyed when I first saw it.

We all got together as people, and people created their own currency, it wasn't satoshi or whatever that made it what it is, they just founded it, but we took over after him and we made it into what it is today, and because of this, it is peoples money and not governments money. It is digital, it's online, and it's ours, not governments and it's decentralized, so nobody has any control over it at all.

[Munir575]

How do you guys like to explain bitcoin?

I'd just make it simple and go on to explain that bitcoin serves as the equivalent of fiat currency for online transactions. But, the people who buy and sell it around the world determine its worth. The government is not able to exert control, unlike fiat. I'll tell them it can grow value and reduce value with time due to some certain factors. And that they can invest and if they are lucky enough it might give them double of their investment but then they should only invest money that they can afford to lose.

[MiF]

There is no easy way to explain bitcoin specially to those who really don't know about it, it is very hard to explain so we need to explain it in a very slow way so it takes a lot of time not just one day or a week it needs months before a person to know about it, just like in my part when i first know about bitcoin it is really hard for me at first because i don't hear the words bitcoins yet.

[Strongkored]

How do you guys like to explain bitcoin?

I will only tell them to buy Bitcoin only based on the money they have and can afford to lose, and I don't think it is necessary to tell them about the units or fractions of bitcoin they can have because it will definitely be very confusing and those who want to invest in Bitcoin are not required to know this forum. I will only tell you that Bitcoin can be an alternative to savings and must take good care of it if he is able to store it in a hardware wallet which also requires money to buy it.

[Nheer]

As a novice, all I can say is that Bitcoin is the future and that one can achieve a lot using it. Then, I will urge them not to invest in it right away, but rather to go learn the fundamentals so they will know what they are going into. They can read about and understand bitcoin easily at learnmeabitcoin, and I'll also suggest a few YouTube videos that will aid in their understanding.
I'll let them know that it's a 50/50 proposition and not something from which they should anticipate fast significant profits. They should only invest what they can afford and avoid borrowing money to do so.

[CageMabok]

There is no easy way to explain bitcoin specially to those who really don't know about it, it is very hard to explain so we need to explain it in a very slow way so it takes a lot of time not just one day or a week it needs months before a person to know about it, just like in my part when i first know about bitcoin it is really hard for me at first because i don't hear the words bitcoins yet.

One day or one week will not be enough for someone who wants to learn about Bitcoin if he doesn't know Bitcoin at all before, because there is a lot of material that has to be explained one by one and it obviously takes a lot of time. I think taking a quarter of a year or in other words three months is quite enough to give someone who is very new to every explanation there is in Bitcoin. The rest he can find on his own by continuing to diligently read and try things he has learned before.

[Tony116]

If just explaining bitcoin like fiat money proves it to be unremarkable then they won't be interested in bitcoin, there's no easy way to explain bitcoin to people. Bitcoin is essentially virtual with no physical form and you only briefly explain it, which makes it all the more suspicious. The best way is to give them basic material about bitcoin and ask them to spend time learning about bitcoin. Only then will they see the awesomeness of bitcoin and will decide to participate or not?

I think it would be possible to teach people by comparing it to fiat, if only you could put the differences in there. Assume like this "USA has dollars, UK has pounds, Europe has euro, china has yuan and bitcoin is the digital version of it" that's what I enjoyed when I first saw it.

We all got together as people, and people created their own currency, it wasn't satoshi or whatever that made it what it is, they just founded it, but we took over after him and we made it into what it is today, and because of this, it is peoples money and not governments money. It is digital, it's online, and it's ours, not governments and it's decentralized, so nobody has any control over it at all.

It's a good idea to compare bitcoin to fiat and tell them the difference between the two. But I think we will never be able to explain in a concise way to help someone fully understand the full range of features of bitcoin. Instead, provide them with relevant documents or videos so they can study bitcoin on their own, and we'll just explain to them what they still don't understand. This will save both of them time and give them a thorough understanding of bitcoin.

I learned about bitcoin through a friend, but through his explanation, I didn't understand anything about bitcoin, and I searched for videos and knowledge on the internet to fully understand bitcoin. I find that understanding technology through words is extremely difficult.

[kryptocanon]

It should go like this, Bitcoin is a modern way and the best safer way of transacting money, not fiat but a term we call cryptocurrency. A great innovation that is not privately owned or controlled by a centralized government but 100% decentralized.

[Nrcewker]

There is no easy way to explain bitcoin specially to those who really don't know about it, it is very hard to explain so we need to explain it in a very slow way so it takes a lot of time not just one day or a week it needs months before a person to know about it, just like in my part when i first know about bitcoin it is really hard for me at first because i don't hear the words bitcoins yet.

What are you saying, dude? You can easily make someone understand about the coins within an hour. Yes, provided that the guy is good enough to understand how the thing works. Bitcoins are like just another investment or asset. If he or she has ever invested in gold, then this is similar. Here, everything is just digital instead of physical. You buy the coins, hold them, and when the price increases, you sell them for profits. It’s very easy, as I explained. Moreover, creating a Bitcointalk wallet is as easy as opening a Facebook account. So I don’t get which part will be difficult for you to make your friend understand about Bitcoins. Will it take so long?

[CODE200]

   -    If you are going to explain bitcoin to someone, you should make sure they understand it. And for that to happen, link bitcoin to something similar to a credit card that can be paid online without having to spend literal money, and creating a bitcoin address is similar to creating an Instagram account. , Facebook, and Twitter.

It is not necessary to explain bitcoin literally because someone hearing it for the first time will not immediately understand it. No person who studied at the school who enrolled today and tomorrow will immediately graduate, likewise in its meaning and use it as a process and the right time until when it will be fully known.

Not just that, bitcoin is not easy to understand, if they didn't get the whole concept of bitcoin and how it works it may cause a big loss of them of not being aware especially if they invest so fast even they have lack of knowledge about it. We can introduce bitcoin to a person by letting them know how it works. Send some links or anything to read about bitcoin that will enlighten them more. We should also include the pros and cons of bitcoin, tell them the volatility of it that not all the time its price is high. No one can know when it will pump or dump, all that he can see is a prediction only by experts in trading and its up to him if he will believe on it or do research on his own.

[ringgo96]

explaining bitcoin to beginners is indeed very difficult, and we have to know if they are indeed keeping up with technological developments that are increasingly developing, if indeed they are always apdate in every information I think it is easy to explain the performance of bitcoin, not a tool to get rich quickly but can make us rich if we can use it well, but for ordinary people I think it is difficult to explain bitcoin that can make money by investing and mining, Moreover, explaining the wallets that we must use to be able to make money.

[alastantiger]

It will be so hard making an ordinary individual or person's to comprehend bitcoin investment. Without knowledge of technological advancements, the average person will not comprehend anything about bitcoin.
I must first ensure that the individual understands how technologies are used and their advantages before I can introduce someone to bitcoin or teach them about it. After that, I can use bitcoin as an example of one of the best digital investments that will be profitable, secure, and decentralized. I'll also make sure I have some investments and earnings from my bitcoin investments because you can't recommend a business that you are not fully confident in or from which you are not making money.