How would you explain bitcoin to someone?

[Razmirraz]

Actually, I rarely discuss Bitcoin with other people because I want to maintain privacy, but if someone comes to me who is very interested in Bitcoin, then I will slowly introduce Bitcoin to him. Bitcoin is a digital currency that can be used for online transactions without the need for banks or other financial institutions. Anyone can make Bitcoin transactions anywhere, anytime (24/7), without limits. Its value is determined by the market and can fluctuate every minute. Since its first creation, Bitcoin has slowly gained attention from various groups of people, companies and countries, and has now become one of the most popular assets in the world.

[melinoe]

Actually, I rarely discuss Bitcoin with other people because I want to maintain privacy, but if someone comes to me who is very interested in Bitcoin, then I will slowly introduce Bitcoin to him. Bitcoin is a digital currency that can be used for online transactions without the need for banks or other financial institutions. Anyone can make Bitcoin transactions anywhere, anytime (24/7), without limits. Its value is determined by the market and can fluctuate every minute. Since its first creation, Bitcoin has slowly gained attention from various groups of people, companies and countries, and has now become one of the most popular assets in the world.

It's the future of the custody being held in your own hands, watching at there fiat / CBDCs go.

[HustleZ]

Well, such a rookie question but I am looking for some new ideas to explain about bitcoin and why they should have bitcoin in the simplest way possible, because 90% of them will not be interested in learning the whitepaper if they don't get the concept of decentralization and how central banks are ripping the people with money printers.

So no need to talk about price and share any technical source, just plain and simple, how would you explain Bitcoin to someone briefly?

I wouldn't explain Bitcoin But I would Explain the Flaws in The Traditional Banking System and They Will Automatically choose Bitcoin.

We should Not Impose Bitcoin and talk good things about Bitcoin rather we should Tell about the Serious Flaws in The banking systems, how we don't even Know about where our money is. And how we are dependent for our own money. If We tell it to them then they Would choose Bitcoin themselves by their own will and this way we won't impose something on Them. It is very important that people understand where they have put all their savings so they can make a choice.

[Shadiq]

Well, such a rookie question but I am looking for some new ideas to explain about bitcoin and why they should have bitcoin in the simplest way possible, because 90% of them will not be interested in learning the whitepaper if they don't get the concept of decentralization and how central banks are ripping the people with money printers.

So no need to talk about price and share any technical source, just plain and simple, how would you explain Bitcoin to someone briefly?

People believe and show interest in tempting activities. So if I tell someone about the value of Bitcoin and its long-term profits, then that person will become interested in Bitcoin, when someone shows interest in Bitcoin, I don't have to explain anything to him. He will start learning about Bitcoin on his own, when he is able to gain basic knowledge of Bitcoin, he will understand what Bitcoin is and how to use Bitcoin. This is not a scam, but a strategy. I will not advise anyone to invest in the beginning, but rather encourage them to gain knowledge. When a person gains knowledge, he will decide for himself what to do.

[Spaceman1000$]

Well, such a rookie question but I am looking for some new ideas to explain about bitcoin and why they should have bitcoin in the simplest way possible, because 90% of them will not be interested in learning the whitepaper if they don't get the concept of decentralization and how central banks are ripping the people with money printers.

So no need to talk about price and share any technical source, just plain and simple, how would you explain Bitcoin to someone briefly?

Bitcoin deals with privacy, so ordinary I cannot just walk up to anyone and begin to tell them about Bitcoin, because they might not really see things from my angle and even if they do, they might want to keep such information about their investment a secret, but however if they walk up to me and ask me questions about Bitcoin, surely I will explain clearly what Bitcoin and it's huge benefit entails. In simple terms, I will enlighten them about how they can be incharge of their financial lifestyle without depending on any commercial bank, I will expose them to the investment part of Bitcoin and it's possibilities.

[arwin100]

Well, such a rookie question but I am looking for some new ideas to explain about bitcoin and why they should have bitcoin in the simplest way possible, because 90% of them will not be interested in learning the whitepaper if they don't get the concept of decentralization and how central banks are ripping the people with money printers.

So no need to talk about price and share any technical source, just plain and simple, how would you explain Bitcoin to someone briefly?

Bitcoin deals with privacy, so ordinary I cannot just walk up to anyone and begin to tell them about Bitcoin, because they might not really see things from my angle and even if they do, they might want to keep such information about their investment a secret, but however if they walk up to me and ask me questions about Bitcoin, surely I will explain clearly what Bitcoin and it's huge benefit entails. In simple terms, I will enlighten them about how they can be incharge of their financial lifestyle without depending on any commercial bank, I will expose them to the investment part of Bitcoin and it's possibilities.

Correct because Bitcoin is actually hard to understand especially when it comes on its technicalities, since if we just explain about those possibilities to earn. Maybe those people will think about that Bitcoin is just another ponzi scheme the same with those crazy unknowledgeable people calls this coin.

Maybe better or safe approach is to introduce Bitcoin as alternative currency, then tell it to them that they have great chance to earn either if trade or hold it for long time. Then explain on where they can learn more information about this coin and maybe with this it can help those people understand carefully Bitcoin without thinking that this is a scam coin.

[DeeppRockk]

Bitcoin deals with privacy, so ordinary I cannot just walk up to anyone and begin to tell them about Bitcoin, because they might not really see things from my angle and even if they do, they might want to keep such information about their investment a secret, but however if they walk up to me and ask me questions about Bitcoin, surely I will explain clearly what Bitcoin and it's huge benefit entails. In simple terms, I will enlighten them about how they can be incharge of their financial lifestyle without depending on any commercial bank, I will expose them to the investment part of Bitcoin and it's possibilities.

Honestly I've seen this exact thing play out a hundred times since I got in back in 2013, it's the same debate we had then: lead with the tech or lead with the freedom pitch. And yeah, you're right to feel that way. You get the guy at the BBQ who starts ranting about SHA-256 and everyone just zones out, which is why we all learned to lead with 'digital gold' or 'be your own bank' first...

it was a survival tactic. The whole history of adoption is just people repackaging the same core ideas -scarcity, sovereignty, no middleman-for whatever crowd is in front of them. It's annoying that you gotta dumb it down sometimes but that's how you avoid sounding like a cultist.
The second-order effect is the crucial bit though: if you only ever sell the investment angle, you attract the wrong kind of holder.

They'll panic sell on a 30% dip because they never understood the underlying game theory, which is why I always slip in the 'you hold the keys' part no matter how simple I keep the initial pitch.
They might not get it day one, but it plants the seed.

[Zaguru12]

Correct because Bitcoin is actually hard to understand especially when it comes on its technicalities, since if we just explain about those possibilities to earn. Maybe those people will think about that Bitcoin is just another ponzi scheme the same with those crazy unknowledgeable people calls this coin.

In honesty this has actually been the major problem that bitcoin has been facing for so long, bitcoin actually hasn’t been explained or promoted as a currency rather once someone asks about the importance of bitcoin some self acclaimed influencers usually just jump on the narrative that it yields profit while this is not a wrong notion I think it sends a wrong narrative to the person and that’s why technical we are having more people who sees bitcoin as a get rich quick scheme than genuine investors.

My answer will mostly be on the particular problem I think the questioner is facing. For some facing issues with cross boarder payment I will tell them bitcoin isn’t just an alternative currency alone but also reduces the hassle of using banks for this cross boarder transaction if at all the receiver actually accepts bitcoin. For another person facing issue of an Inflated local currency I will tell them how bitcoin if properly invested in can help reduce such problems.

In generalization I will simply say it is the freedom one has in actually being owning his currency or asset with third party ownership or involvement