kryptqnick
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June 17, 2023, 11:17:11 AM |
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Honestly, I think the tone in the explanation guidelines is very condescending and more appropriate when talking to a child than a partner. I mean, asking whether they know what money is, that the gold standard was abandoned, etc. sounds somewhat inappropriate because it's a position of assuming they don't know something people are expected to know and that they know less than us. Also, interestingly, it seems to me that the difference between money and currency isn't actually explained there, and the difference is not that important and not what the op seems to hint: money is just a broader term, and a currency is one form of money. It's not just my opinion, I'm merely relying on Investopedia here. It's also confusing to summarize the 4th point as "Bitcoin versus currency" because Bitcoin is called a cryptocurrency, so it's also a form of currency, just not like fiat.
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Ziskinberg
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June 17, 2023, 01:25:46 PM |
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I see a lot of comments that this thread is so long that it makes it lazy to read. But you need to know that the most important point is in the first and second steps to tell beginners, while the next step is to continue if they really start to understand.
The point is that introducing Bitcoin to any person should be short and concise. It was just another option to have a long explanation because learning and knowing about Bitcoin doesn't take so long but the problem is how these listeners will grab the opportunity. Whether you believe it or not, it was hard to convince and educate people when they don't have an interest in it. And most of the time, it was hard to approach relatives and give them ideas compared to those who are not close to you.
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20kevin20
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June 17, 2023, 08:51:42 PM |
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Easier said than done. I wish it was this easy, but it’s not.. Raise your hands in the air if almost every time you tried to explain BTC/crypto to someone you couldn’t even get into the subject because they stop listening almost immediately? The toughest part of the discussion is not having them lose interest before you even get to your point
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nakamura12
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June 17, 2023, 09:08:29 PM |
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Easier said than done. I wish it was this easy, but it’s not.. Raise your hands in the air if almost every time you tried to explain BTC/crypto to someone you couldn’t even get into the subject because they stop listening almost immediately? The toughest part of the discussion is not having them lose interest before you even get to your point This happen when the person you are teaching is not interested. If the person you are teaching is interested to learn about Bitcoin then I don't think they wouldn't stop listening although you are right that if they are not interested they will most likely do that. I experienced it myself where I am introducing cryptocurrency to my sister and yet she only listen to me for a while before she stop listening to what I was teaching her.
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BitDane
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June 17, 2023, 09:29:41 PM |
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I see a lot of comments that this thread is so long that it makes it lazy to read. But you need to know that the most important point is in the first and second steps to tell beginners, while the next step is to continue if they really start to understand.
I think the term important point is subjective, even though for you it is very important, to someone else there maybe more important than those. I've been there, I tried to explain to people the importance of BTC but all they care about is the term of their own benefits. No matter how noble our mission is, if it will not solve the urgent matter in the listener's hand, they will not give priority to it. Easier said than done. I wish it was this easy, but it’s not.. Raise your hands in the air if almost every time you tried to explain BTC/crypto to someone you couldn’t even get into the subject because they stop listening almost immediately? The toughest part of the discussion is not having them lose interest before you even get to your point And making our pre-intro too long will make our audience lost interest even before we start the introduction part. The Idea of @OP is great but it would be best if he will find to KISS(Keep It Short and Simple).
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fathafraink (OP)
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Eloncoin
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June 18, 2023, 08:29:34 AM |
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A wall of text but we'll put together and contains very valid points. It would help your thread if you out the summary at the top and anyone can read that before deciding whether or not to read the rest of the thread.
I should add that if someone brings up the comparison between Bitcoin and gold you could show them how it doesn't have to be either of them and they can buy both. It's good to diversify and have other investments in other niches besides cryptocurrencies.
Thanks for your help on this topic and your great suggestion, really need it, and also I really agree with your opinion about the not only about the comparation, but also suggest to buy both. Really appreciate. so OP wishes to start by confusing family with "what is money.." then saying "money is not money.. its currency"
nope currency can be anything. even trading sexual favours for a new purse is currency, giving a friend a beer in exchange for fixing an engine is currency...
however money is a finer subcategory of currency, its more formal/legally accepted medium of exchange controlled by a state. there are different types of money, and no money does not need to be backed by gold
Maybe you didn't get what I mean, the point is to make them understand that we can have a conclusion about the the fiat currency, so, next we can jump to the the second step. Have you read it carefully buddy?. I really want to give more detail and informations, but I really confused why people bored with this simple explanation (my opinion). So guys, if you I can give you a question, would you reply it? I just wanna ask you, Did you ever read Bitcoin Whitepaper? and if it "yes", so, do you also bored with it? ( https://bitcoin.org/bitcoin.pdf)
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Tony116
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June 18, 2023, 09:49:09 AM |
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-snip One major way to Introunce bjtcoin to relatives is if you're doing well in bitcoin and maybe if its your major source of earnings as your family and relatives will only believe you easily when they're seeing positive results. So try to improve your life through bitcoin and make it evident to them and that is one easy way to draw their attention.
For me, there is no better advice than results, just show them the results we get when we invest in bitcoin, and we won't need to explain too much to them. That's also why I don't want to give too much bitcoin investment advice to newbies or anyone, and I feel like it's a waste of time explaining it to them. I always show them the results I get when I invest in bitcoin, and if they are interested in it, they should come to me. I don't want to waste too much time on someone we're not sure if they'll participate or not.
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20kevin20
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June 18, 2023, 10:01:31 AM |
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This happen when the person you are teaching is not interested. If the person you are teaching is interested to learn about Bitcoin then I don't think they wouldn't stop listening although you are right that if they are not interested they will most likely do that. I experienced it myself where I am introducing cryptocurrency to my sister and yet she only listen to me for a while before she stop listening to what I was teaching her.
I don’t know, man, from my personal experience it’s not like that. I’ve been trying to tell people how important BTC is for years and it’s a difficult task. They think it’s funny when you’re talking about how Bitcoin can (and will) change the world as we know it. But maybe I’m just hanging around the wrong people, it’s very possible. Unless it provides a real, strong and immediate advantage to them, people’ll just see it as a boring thing. Tell them you made a million in a week and they’ll be deeply focused on you. Tell them you know about a currency that gives us back our power and they’ll lose interest and focus on the discussion unless they’re very interested in politics and the changing world. And no, I’m not talking about those people who try to desperately seek attention by pretending to support/disagree with action against climate change or other trending subjects. I mean interested for real.
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Adbitco
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June 18, 2023, 01:56:26 PM |
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A wall of text but we'll put together and contains very valid points. It would help your thread if you out the summary at the top and anyone can read that before deciding whether or not to read the rest of the thread.
I should add that if someone brings up the comparison between Bitcoin and gold you could show them how it doesn't have to be either of them and they can buy both. It's good to diversify and have other investments in other niches besides cryptocurrencies.
What I also sense from op post is that since the post contains a link to which he/she copied it from he wouldn't had go this length to still copy and paste rather brief it and include the original source I think that would gain more attention and enables people to read through the thread. Due to the volatility of Bitcoin, I would never introduce it to my near and dear ones. People only respond to Bitcoin and are eager to get it when it creates a history (I meant All Time High). I believe that is the right time to talk about it otherwise we would only get negative response in the present situation. Everything is working out good for now and I believe Bitcoin would scale 10 notches up in adoption by next year. Patience and positive approach are the reason we are scaling up.
Despite people making profits from it, we should also understand that there is a lots of potential which we are yet to unveil from bitcoin but people are only focusing on the profitable aspect of it. We should try to look above the investment aspect and teaches people the basic knowledge they needs to know helping to spread the max adoption of bitcoin it must not be the investment aspect but having to know the configuration gives them an edge and confidence to free discussed about bitcoin out there without involving investment.
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Wend
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June 18, 2023, 02:27:36 PM |
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Honestly, I don't have the patience to read everything you wrote. I'm not saying they're useless, but it's too lengthy, and it's hard to convey these when we want to recommend bitcoin to people. I also agree with many people, not too many people will listen to what you are trying to say. When introducing bitcoin to a newbie, we should keep it short and concise. But for them to fully understand bitcoin, instead of explaining it to them, I will direct them to youtube videos, which I think will be easier for them to know than we teach them.
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Fivestar4everMVP
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June 18, 2023, 04:07:12 PM |
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Due to the volatility of Bitcoin, I would never introduce it to my near and dear ones. People only respond to Bitcoin and are eager to get it when it creates a history (I meant All Time High). I believe that is the right time to talk about it otherwise we would only get negative response in the present situation. Everything is working out good for now and I believe Bitcoin would scale 10 notches up in adoption by next year. Patience and positive approach are the reason we are scaling up.
And as ironic as it is, the bear season is the best time to invest in bitcoin, but I understand that most people would prefer to just fomo in rather than invest early, many hate tying their money down so to day, they prefer to invest when they believe they can easily cash out in profit within the next minute. This clearly explains why there is always a lot of volume in trading whenever the price of any crypto asset, not particularly bitcoin, is going up, people are jumping in to catch some profit, but the truth remains that, many still end up being trapped in the end, so for me, if I ever will tell any of my family member about bitcoin, it will be during the bear market, so that if he refuses to buy, when the bull season hits, he or she will regret his or her decision knowing fully well I told him or her to buy at an early stage.
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Ale88
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June 18, 2023, 04:33:15 PM |
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Due to the volatility of Bitcoin, I would never introduce it to my near and dear ones. People only respond to Bitcoin and are eager to get it when it creates a history (I meant All Time High). I believe that is the right time to talk about it otherwise we would only get negative response in the present situation. Everything is working out good for now and I believe Bitcoin would scale 10 notches up in adoption by next year. Patience and positive approach are the reason we are scaling up.
I don't understand why you shouldn't talk about bitcoin with them: they don't necessarily need to invest but at least being aware of what bitcoin is, why it was invented, and what its purpose is, all that is extremely important and useful because if they actually care about money, finance, and their future, they'll start asking themselves some questions that probably they never considered before.
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michellee
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June 18, 2023, 04:43:14 PM |
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I don't want to try to introduce Bitcoin to my relatives, friends or others because, in the current situation where it is still difficult for them to survive because they have to adjust after the pandemic occurred, it will not be easy. They will prioritize meeting their personal needs before stepping into investment matters.
Only people with money "might" want to hear about Bitcoin. After all, I would only explain Bitcoin if they asked me what Bitcoin is all about. But I still advise people to make Bitcoin a long-term investment like they did gold. I've made several friends do a comparison between gold and Bitcoin.
And from there, they could see the difference and decided to invest in Bitcoin instead of gold. But if @OP thinks it's smart way to introduce Bitcoin to the people around him, he can keep doing it as long as he doesn't force people to follow what he's described. Everyone is free to decide to invest in Bitcoin or anything else.
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Upgrade00
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June 18, 2023, 04:57:55 PM |
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What I also sense from op post is that since the post contains a link to which he/she copied it from he wouldn't had go this length to still copy and paste rather brief it and include the original source I think that would gain more attention and enables people to read through the thread.
I've not done research to know whether it was copied verbatim but including sources does not mean there is no original content within it. Some can use sources as reference but organize the post including original content to it.
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Rabata
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June 18, 2023, 05:30:35 PM |
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The way you tried to convince relatives or family must be appreciated. Because in this way if someone can be explained in detail then anyone can easily understand. Especially summarized some of the things I've seen here that really effective. The way you explains the five reasons and their interpretations must be effective if implemented. I think that providing such detailed information about Bitcoin would certainly make it easier for anyone to hold it in their favor. However, since many people do not have a good idea about this matter, so should take time and gradually explain these things.
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nakamura12
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June 18, 2023, 06:49:14 PM |
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I don’t know, man, from my personal experience it’s not like that. I’ve been trying to tell people how important BTC is for years and it’s a difficult task. They think it’s funny when you’re talking about how Bitcoin can (and will) change the world as we know it. But maybe I’m just hanging around the wrong people, it’s very possible.
That depends on the situation I think and in my sister's case is she is not very much interested in crypto even though I show her the money I earned because of BTC but all she will say is, I won't because it's so tiring and it's also in English plus I can't understand most of the topic that are being discussed then I told her that you may join the discussion once you have made se research. I think she lacks motivation in my opinion and right now I still told her and yet still lacks motivation. My other siblings know crypto and now I am the only one left who are still into crypto. I don't know their reasons but I respect their decisions.
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usekevin
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June 18, 2023, 06:55:19 PM |
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Bitcoin is the essential one to discuss with your relatives and share the knowledge with them.So they understand the importance of the Bitcoin and how effectively it work.So the investment will double with the number of investment increases.When you had enough time to teach others,you can teach your wife family too.It’s easy to teach your wife to learn about the cryptocurrency in short period of time.
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mvdheuvel1983
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June 18, 2023, 07:33:23 PM |
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You should keep your introduction as simplest and shortest as possible because if you explain it too long, people will lose their concentration to listen to your speech. It is your failed attempt if you plan your introduction with 5 steps but they give up after 2 steps.
You can try to introduce them about convenience of Bitcoin transactions, advantage of owning private key and be your own bank. If they are interested in, you can continue. If they are not interested in, they can stop your speech. They will need time to digest information too so you can split your speech to some parts which will be taught to those people at different times.
Yes, keep it simple stupid like they say. I try this method most time. What is see with it is that it works sometimes for a category of people at other times it doesn't work. Remember that despite them being your relatives, family and friends some of them are also professionals. I come at them from the angle of their professional jargon and try to fit it into the message I am trying to convey. One mistake I made earlier was try to force them to accept my knowledge and teachings what I do now is that I lay the facts bare for them and leave it out there as a choice for them to choose from.
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SOKO-DEKE
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June 18, 2023, 08:19:55 PM |
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No matter what strategies you try to use to convince people, those who will be interested will surely be interested, and those who will not develop interest will never be. I seriously like people to benefit from anything or anywhere I am benefiting, but no matter how hard you may try to help some people, they will never give you help themselves. I have tried many times to introduce some of my relatives to Bitcoin, but not all of them have listened, despite the different strategies I used. So I just discovered that no matter how hard someone tries to carry some people to the right way, they will never come. Op You have really tried with the guides lines, and it may be helpful to some people, but I don't think it is necessary to convince people by all means to learn about Bitcoin. I believe when they think it is the right direction for them, they will surely find means to learn about it.
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[/tabl
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serjent05
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June 18, 2023, 11:21:57 PM |
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No matter what strategies you try to use to convince people, those who will be interested will surely be interested, and those who will not develop interest will never be. I seriously like people to benefit from anything or anywhere I am benefiting, but no matter how hard you may try to help some people, they will never give you help themselves. I have tried many times to introduce some of my relatives to Bitcoin, but not all of them have listened, despite the different strategies I used.
I think whether a person will get interested or not depends on how we introduce Bitcoin to them but take not long introduction can take away the excitement of the person so we must introduce Bitcoin in the most exciting and promising way. More on important but compact, this way people will easily undertand about Bitcoin. So I just discovered that no matter how hard someone tries to carry some people to the right way, they will never come. Op You have really tried with the guides lines, and it may be helpful to some people, but I don't think it is necessary to convince people by all means to learn about Bitcoin. I believe when they think it is the right direction for them, they will surely find means to learn about it.
I have seen people able to convince investors even though these investors are initially not attentive to cryptocurrency.
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