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Author Topic: Giving out to promote Bitcoin  (Read 661 times)
lixer
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June 08, 2023, 04:53:21 PM
 #61

I think you are a really good and kind person who wants to help people. The most important thing is that they really understand what they are dealing with, and not just get free money and forget about it.
I don't think that $5 is a lot of money even if you are from a third-world country, but as long as you are getting it for doing nothing, why not? And it is a pretty good idea to incentivize people to learn about Bitcoin and cryptocurrencies because humans tend to focus more on things that they know will benefit them whether in the short run or in the long run. Learning now and getting paid about $5 and then benefitting from the technology in the future is like a win-win situation.

I'm pretty sure that those who got $5 each for answering simple quiz questions about Bitcoin will tell their friends and families about the money they've won and how they've won it, and even if it's a small effort, it will surely enlighten some people about Bitcoin's existence.

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June 09, 2023, 03:27:30 AM
 #62

I think, you are doing a great job that will make people around your environment to love you as a good man or woman in the society because what you did to all those students by giving them $20,000, it will make them to do everything possible within their power to have the knowledge of Bitcoin. I believe with time Bitcoin users will improve in your society because many Bitcoin users in that area will like to support the good work you are doing to promote Bitcoin in the society which is a good thing to humanity. I hope you teach them how to keep their Bitcoin safe from scammers, because the moment they expose their personal details in public and their money will be at risk at the moment.

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June 09, 2023, 05:57:32 AM
 #63

Happy Easter everyone
Today I gave out $20 to 5 random high school students each in a WhatsApp group after of course enlightening them about Bitcoin and conducting a quiz for them I did this in hopes of trying to assist in developing the Bitcoin ecosystem although it's of small impact
I sent the Bitcoin to Thier noncustodial wallet and also enlightened them on how to manage Thier wallet
What do you think!?
This is courageous because the $20 worth of bitcoin you are giving them will make them to have a good interest, it's good idea to convince someone to know Bitcoin with this method, if everyone should act on this and teach people of bitcoins you are going to win more souls for Bitcoin because the world like practical seen and believing before they can fully believe you, so that's what kind of things we need, i have not gotten more bitcoin and other cryptocurrency much I would have done giveaway BTC in my environment, since I implement payment system of Bitcoin in my business many people has coming close to me to teach them bitcoin, so I believe that Bitcoin is dominating by people having much interest to know Bitcoin

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June 09, 2023, 07:49:41 AM
 #64

Today I gave out $20 to 5 random high school students each in a WhatsApp group after of course enlightening them about Bitcoin and conducting a quiz for them I did this in hopes of trying to assist in developing the Bitcoin ecosystem although it's of small impact
Small things are quite useful when done with sincerity, giving $ 20 to five people is a noble act even though small it will be very useful when the student can take advantage, but there is a lot of work that you have to do and if you want to see them succeed in bitcoin . It has to be ongoing and they have to try to invest bitcoins with the money they have and teach them the ways they can choose to collect bitcoins.

Because they are still students their capital automatically must be very minimal and their involvement in bitcoin doesn't have to stop just because they don't have the money to buy it, teach them DCA and maybe this is a step they can take.

I sent the Bitcoin to Thier noncustodial wallet and also enlightened them on how to manage Thier wallet
What do you think!?
Great start for them and you are a teacher they will remember as they grow up, but there are some things you have to control and preferably it is sustainable for them to buy more bitcoins.

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June 09, 2023, 08:19:51 AM
 #65

I think, you are doing a great job that will make people around your environment to love you as a good man or woman in the society because what you did to all those students by giving them $20,000, it will make them to do everything possible within their power to have the knowledge of Bitcoin.
-snip-
I will correct your point with $20,000, that's too much man, the OP just said $20 for 5 random students.
If a teacher gave $20,000 in Bitcoin it would be amazing.
But in fact, it's only $20 and that's so they can learn to invest in Bitcoin starting from a small nominal.

I sent the Bitcoin to Thier noncustodial wallet and also enlightened them on how to manage Thier wallet
What do you think!?
Great start for them and you are a teacher they will remember as they grow up, but there are some things you have to control and preferably it is sustainable for them to buy more bitcoins.
As a teacher, you have to set a good example and provide knowledge that they have not learned such as how to invest in crypto.
If this knowledge about Bitcoin is sustainable, of course, they will gain full knowledge and will be the knowledge needed when they grow up.

But about the risks that will occur of course must be told too.
Make sure they know what risks will occur so that they can be more vigilant and not get caught in mistakes that will make them experience losses.

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June 09, 2023, 09:17:39 AM
 #66

You are such a nice person who knows how to motivate people to learn bitcoin from your give away. I was wondering if it will be possible to those students to continue with the learning of bitcoin,if you don't keep on checking on them and encouraging them on it. I will love to do something like this from my own end bit the truth is that I am the shy time and hardly get along with children. This is the challenge that I have but I will try to see how I can help spread bitcoin awareness in my own way. I hope you let them know the implications of them exposing their private keys to someone and how back up their seed phrase
Nice inspiration.

R


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June 09, 2023, 09:40:07 AM
 #67

I think you are a really good and kind person who wants to help people. The most important thing is that they really understand what they are dealing with, and not just get free money and forget about it.
I don't think that $5 is a lot of money even if you are from a third-world country, but as long as you are getting it for doing nothing, why not? And it is a pretty good idea to incentivize people to learn about Bitcoin and cryptocurrencies because humans tend to focus more on things that they know will benefit them whether in the short run or in the long run. Learning now and getting paid about $5 and then benefitting from the technology in the future is like a win-win situation.

I'm pretty sure that those who got $5 each for answering simple quiz questions about Bitcoin will tell their friends and families about the money they've won and how they've won it, and even if it's a small effort, it will surely enlighten some people about Bitcoin's existence.

Five dollars isn't much, but would you or anyone else do it? I bet there won't be many people brave enough to do what the OP is doing, even spending a dime to do it won't have too many people doing it because they always think it's not profitable what's good for them? This idea is interestinga, but is giving each person $5 necessary? What if they don't get 5$? I mean, I'm afraid it will form a bad habit in those kids, they always ask for money every time we ask them to do something. I know OP's intentions are good, both want bitcoin to become popular and want children to be exposed and know about bitcoin, but attaching monetary rewards is not advisable.

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June 09, 2023, 10:00:34 AM
 #68

This is a good way to capture the mind of people that don't know much about Bitcoin, in my country 20$ is a lot of money, and that will make the lucky student to start getting curious about Bitcoin.

I had a problem confusing people to invest in Bitcoin, maybe I should apply such a strategy? It looks good honestly.

But, what if they sell their Bitcoin and move on? People need money very fast these days, they don't care much about where it's coming from, and they will gladly exchange that Bitcoin for Fiat, have you thought about this too?

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June 09, 2023, 02:10:48 PM
 #69

Happy Easter everyone
Today I gave out $20 to 5 random high school students each in a WhatsApp group after of course enlightening them about Bitcoin and conducting a quiz for them I did this in hopes of trying to assist in developing the Bitcoin ecosystem although it's of small impact
I sent the Bitcoin to Thier noncustodial wallet and also enlightened them on how to manage Thier wallet
What do you think!?

Seriously, you have done something great by raising awareness of Bitcoin. I believe this may help increase the rate of Bitcoin adoption. This role you played by giving out gifts is something great, and this is one of the ways to encourage people to be serious in whatever they do, especially students. This makes me remember that time when I was in primary school, my parents always gave me gifts based on my performance, and with this, I took my studies very seriously and always put in more effort so that I would get more rewards from my parents. So encouraging people with gifts makes them put more effort into whatever they are doing. You have it more than my expectation op because giving out gifts it is not something easy, it is be done by gifted heart, because they are a lot of people cannot do you have done. 


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June 09, 2023, 04:57:12 PM
 #70

Maximum people now know about the use of Bitcoin. Bitcoin is a hot topic right now. Still, there are some things that people still don't know about Bitcoin. But it is assumed that within a very short time every person will understand and know about the use of Bitcoin. In the promotion of Bitcoin, products with the Bitcoin logo can now be seen in many places in Gramganj. A few days ago in a football tournament of our Matiar Rahman Sporting Club, the champion team was awarded with bitcoins. Thousands of people applauded the award there

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June 09, 2023, 11:01:16 PM
 #71

I think you are a really good and kind person who wants to help people. The most important thing is that they really understand what they are dealing with, and not just get free money and forget about it.
I don't think that $5 is a lot of money even if you are from a third-world country, but as long as you are getting it for doing nothing, why not? And it is a pretty good idea to incentivize people to learn about Bitcoin and cryptocurrencies because humans tend to focus more on things that they know will benefit them whether in the short run or in the long run. Learning now and getting paid about $5 and then benefitting from the technology in the future is like a win-win situation.

@OP gives $20 to 5 students, which is big money for a student especially when they are in a developing country.  It can provide them funds for their school activities and or buy school supplies from it.  But I hope they hodl those BTC for years so that it can give a huge impact on their finance.

I'm pretty sure that those who got $5 each for answering simple quiz questions about Bitcoin will tell their friends and families about the money they've won and how they've won it, and even if it's a small effort, it will surely enlighten some people about Bitcoin's existence.

Not only that, I think they will feel fulfilled because after learning about Bitcoin, they are now having it on their non-custodial wallet.  I believe that motivation of giving a reward have huge impact on the interest in Bitcoin of those students

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June 10, 2023, 07:45:14 AM
 #72

As a teacher, you have to set a good example and provide knowledge that they have not learned such as how to invest in crypto.
If this knowledge about Bitcoin is sustainable, of course, they will gain full knowledge and will be the knowledge needed when they grow up.

But about the risks that will occur of course must be told too.
Make sure they know what risks will occur so that they can be more vigilant and not get caught in mistakes that will make them experience losses.
In the world of education it is not obligatory to teach things like this to students because they have their own curriculum in teaching, but in my opinion a teacher also needs to introduce investments outside of daily study hours to their students. This will foster self-confidence for them in facing life's challenges which are increasingly difficult to get a job after they graduate from education. However, this must be done on an ongoing basis so that they can be consistent in continuing to invest even if they use smaller capital.

If the teacher is able to teach them consistently and also impart knowledge about the risks that will occur, then I'm sure their knowledge of investing will develop in the future. But if it only stops at the prizes given, then teachers will fail to educate their students in investing in bitcoin and crypto in general.

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June 10, 2023, 08:11:06 AM
 #73

Not only that, I think they will feel fulfilled because after learning about Bitcoin, they are now having it on their non-custodial wallet.  I believe that motivation of giving a reward have huge impact on the interest in Bitcoin of those students
That's true, and these students are still kids. When something was given to them for free, they will never forget that and there will be thought on their minds about what was given to them. And from there, they'll try to learn what's it, how to withdraw or convert it into cash if ever they need it. But just as the others thought, I also wish that they won't sell it too quickly and wait until they're able to know how to use it or at least save it even if it's just a little amount. The important factor here is the practice that they'll learn from doing it.

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June 10, 2023, 05:42:32 PM
 #74

-snip-
If the teacher is able to teach them consistently and also impart knowledge about the risks that will occur, then I'm sure their knowledge of investing will develop in the future. But if it only stops at the prizes given, then teachers will fail to educate their students in investing in bitcoin and crypto in general.
Consistency is indeed necessary, if it is not done consistently then the knowledge will only become a story rather than a guideline for them.
Although lessons on crypto investment have not been included in the education curriculum, it is also still related to Economics lessons.

-snip-
But just as the others thought, I also wish that they won't sell it too quickly and wait until they're able to know how to use it or at least save it even if it's just a little amount. The important factor here is the practice that they'll learn from doing it.
But if they sell it too quickly and convert it directly to Fiat, then there is no trading activity being done.
We as teachers who teach this really have to guide them, because this is not just selling there must be activities that must be done to grow Bitcoin.

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June 10, 2023, 05:57:11 PM
 #75

Not only that, I think they will feel fulfilled because after learning about Bitcoin, they are now having it on their non-custodial wallet.  I believe that motivation of giving a reward have huge impact on the interest in Bitcoin of those students
That's true, and these students are still kids. When something was given to them for free, they will never forget that and there will be thought on their minds about what was given to them. And from there, they'll try to learn what's it, how to withdraw or convert it into cash if ever they need it. But just as the others thought, I also wish that they won't sell it too quickly and wait until they're able to know how to use it or at least save it even if it's just a little amount. The important factor here is the practice that they'll learn from doing it.
some of those who receive free Bitcoins will keep them. and some will follow the directions for storing Bitcoin. but when they are free to use Bitcoin, of course, their choice will be more to sell their Bitcoin to buy something.
maybe teaching the kids to save a fraction of their money in Bitcoin would be more receptive to kids understanding. this is the first step to teach them to invest in Bitcoin.



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June 11, 2023, 01:16:33 AM
 #76

Awesome effort, don't think that what you did is a little thing, pretty sure that no effort is too small in terms of promoting bitcoin, you've probably changed the life of those students and you and them don't know it yet. Change is a ripple effect, only gets bigger as it goes down the line.
It's someone that doesn't know what is bitcoin that will not value op giving out bitcoin as a gift knows what it's doing because op knew that bitcoin will help them in future that is why he gifted bitcoin to them, bitcoin is like gold and if anyone should give you bitcoin that is to say the person have you in good mind and I believe you will also join the queue of cryptocurrency after tested the light of bitcoin

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June 11, 2023, 01:08:52 PM
 #77

-snip-
If the teacher is able to teach them consistently and also impart knowledge about the risks that will occur, then I'm sure their knowledge of investing will develop in the future. But if it only stops at the prizes given, then teachers will fail to educate their students in investing in bitcoin and crypto in general.
Consistency is indeed necessary, if it is not done consistently then the knowledge will only become a story rather than a guideline for them.
Although lessons on crypto investment have not been included in the education curriculum, it is also still related to Economics lessons.
This is more of a separate awareness made by teachers who teach bitcoin to their students, curriculum-based school activities do not necessarily go according and there may be limits from students who are so difficult to be comfortable with learning patterns like this, we all may have experience when we were students and sometimes schools that have curricula become very boring. Teachers can take study time outside to teach bitcoin and are not in the room as usual, so that students become more comfortable with up-to-date learning that contains elements of economics lessons as you convey.

If classes about bitcoin are not given regularly, the education about bitcoin that has been given by the teacher will not develop. The difficulty in teaching students who still don't have financial responsibilities, they will not be consistent and will be more interesting in other things such as games, so what the teacher wants to achieve will not be maximized without a tighter guard.

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fredericktaylor
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June 11, 2023, 02:37:24 PM
 #78

First of all, what you have done to give gifts to high school youth is a big hearted act and a good one. Second, young people who have a new idea about Bitcoin and receive Bitcoin gifts will be more interested in learning. How to save bitcoin and how to get good profit from bitcoin in future. Giving a good idea on how to be a right investor in Bitcoin and not make the wrong investment.

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June 11, 2023, 02:44:08 PM
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Not only that, I think they will feel fulfilled because after learning about Bitcoin, they are now having it on their non-custodial wallet.  I believe that motivation of giving a reward have huge impact on the interest in Bitcoin of those students
That's true, and these students are still kids. When something was given to them for free, they will never forget that and there will be thought on their minds about what was given to them. And from there, they'll try to learn what's it, how to withdraw or convert it into cash if ever they need it. But just as the others thought, I also wish that they won't sell it too quickly and wait until they're able to know how to use it or at least save it even if it's just a little amount. The important factor here is the practice that they'll learn from doing it.
some of those who receive free Bitcoins will keep them. and some will follow the directions for storing Bitcoin. but when they are free to use Bitcoin, of course, their choice will be more to sell their Bitcoin to buy something.
maybe teaching the kids to save a fraction of their money in Bitcoin would be more receptive to kids understanding. this is the first step to teach them to invest in Bitcoin.

That would really be what they do mostly if they are in need of money. They will learn how to sell it off, but if they learn that holding it could be times 3 or 4 in the future, but again, these are just kids and they want to buy candy and toys. For sure, they will sell it off, but again, it is a good start as they get exposed to it. It may not be now, but a few years later they will stumble upon bitcoin again, and let's say they will start their journey there.
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June 11, 2023, 03:27:56 PM
 #80

Maximum people now know about the use of Bitcoin. Bitcoin is a hot topic right now. Still, there are some things that people still don't know about Bitcoin. But it is assumed that within a very short time every person will understand and know about the use of Bitcoin. In the promotion of Bitcoin, products with the Bitcoin logo can now be seen in many places in Gramganj. A few days ago in a football tournament of our Matiar Rahman Sporting Club, the champion team was awarded with bitcoins. Thousands of people applauded the award there

The increasing awareness and popularity of Bitcoin is undeniable. The examples you cite illustrate the growing acceptance and integration of Bitcoin into mainstream culture, highlighting its significance as a disruptive and widely recognized digital currency.

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