D problem of explaining bitcoin to someone who never used online banking before

[Queen uloma]

Most times, when we explain bitcoin, we Dey always assume say the person don already understand waiting digital finance be. We Dey always talk about wallets, seed phrases, private keys addresses and transactions as if them Dey very fast to understand. But how you won take explain bitcoin to somebody way never use online banking before.

Imagine someone way only Dey familiar to physical cash. Telling dem to download wallet, write their seed phrase down and send bitcoin to address fit dey somehow to them. For me I think bitcoin education suppose start with   Simple things that people can be able to understand, before you even introduce the technical side of it.
Dis is important becos teaching people how to buy bitcoin without you teaching dem how to protect am fit put dem for risk of losing their money, through scams, and poor wallet management

So if u get the chance to explain bitcoin to any Nigerian way never use online banking before, where you go start from? You go explain the problem way bitcoin solve, or you go teach them how bitcoin wallets Dey operate.

[Sammye3]

You can never teach a newbie everything about bitcoin on the first trial, some things are self taught and others are taught with guidance from an expert. How do you expect to start teaching someone about bitcoin without first talking about wallets and seed phrase? That should be the basic criteria to start with, before diving into the technical aspect of it.

Some people invest in bitcoin without much knowledge of the technical aspect but the knowledge of wallet and bitcoin security. It should not be challenging to understand what wallets are in comparison to banks, it's safe to make it less complicated for beginners to avoid passing the wrong initiative.

[Tongley]

I would never want to teach such people about Bitcoin. Even if I had to, I would first warn them about the volatility of Bitcoin and the uncertainty of making a profit by investing in Bitcoin. Because such people have no knowledge and if I tell them to invest in Bitcoin and tell them the good points of Bitcoin, they might be willing to invest and when they see a market crash, they might sell their holdings to avoid facing huge losses and they would blame me for that loss. So I would never teach such people about Bitcoin or encourage them to invest in Bitcoin.

[DiMarxist]

Everyone was a noviss when it comes to in Bitcoin so , whether the person that you are explaining Bitcoin to is familiar with digital banking or not. I don't think that will be a good reason for the person to stop learning because in the field of learning you go from the known to the unknown. Everything that we know today we're once strange to us just like the first time that most of us even got to know about Bitcoin.

So I don't see much problem here explaining Bitcoin even to someone who is not, even company oriented what is important will be the willingness of such a person to learn. If the person is open to learn then there is no problem, it will just be a matter of time that the person will catch up

[Bitcoin-Forever]

I will not go to the extent of introducing Bitcoin to someone who is yet to get familiar with online banking.

The risk will be high and the task ahead of you will be much in telling to convince him on knowing what digital currency is an how you will explain to him about bitcoin being a different financial system from the centralized fiat currency.

Honestly, one has a lot to do, because convincing a noob takes extra effort for them to understand what you are trying to introduce, wild level of them making mistake is still high because they don't have an idea of what to do in cryptocurrency.

[Mia Chloe]

~snip

Online everyone is a bitcoin and decentralization enthusiast and offline they are literally the exact opposite... Sincerely speaking not everyone has to be a bitcoiner or bitcoin investor or like bitcoin... Or whatever else. Online banking is the basis of today's transactions and it's already a standard.

Based off this someone having issues with it at that level probably shouldn't have any business with crypto in the first place. Most of them will end up going in totally blind and in the end fall for phishing and scams because they are the major targets.

[I_Anime]

Most times, when we explain bitcoin, we Dey always assume say the person don already understand waiting digital finance be. We Dey always talk about wallets, seed phrases, private keys addresses and transactions as if them Dey very fast to understand. But how you won take explain bitcoin to somebody way never use online banking before.

Imagine someone way only Dey familiar to physical cash. Telling dem to download wallet, write their seed phrase down and send bitcoin to address fit dey somehow to them. For me I think bitcoin education suppose start with   Simple things that people can be able to understand, before you even introduce the technical side of it.
Dis is important becos teaching people how to buy bitcoin without you teaching dem how to protect am fit put dem for risk of losing their money, through scams, and poor wallet management

So if u get the chance to explain bitcoin to any Nigerian way never use online banking before, where you go start from? You go explain the problem way bitcoin solve, or you go teach them how bitcoin wallets Dey operate.

I don’t think it will be that putting such individual through about bitcoin being a digital currency and stuff. Just boils down to if the person is ready to learn. No one was born with the knowledge of bitcoin , we all had to take our time to learn about it and to be familiar with it , and you can’t teach them everything that’s why your focus would be more on the basic knowledge .

[Alvin_talk]

The truth is, knowing about online banking and whatever won't help you in any much substantial way if your interest is to learn bitcoin and crypto. Most of the terms as well as processes in the fiat system are very different from that of crypto and bitcoin, so as a newbie, you must have to put effort in reading up materials. Maybe, thereafter, you can seek for help in areas you don't understand from an experienced fellow.

And mind you, I won't advice you go about teaching random individuals about crypto, they might even be feeling you own alot of coins for you to know about the subject. This could do you more harm than good IMO.

[Jaycoinz]

So if u get the chance to explain bitcoin to any Nigerian way never use online banking before, where you go start from? You go explain the problem way bitcoin solve, or you go teach them how bitcoin wallets Dey operate.

Una dey make bitcoin investments look as if na the only way to get profits or na something wey everyone must get involved in. Bitcoin na very volatile asset, and if you wan team anyone about bitcoin why not start from that reference because if you start with investment and leave out the most important part which is the volatility, they will end up making big errors and they blame it all on bitcoin as being a scam coin.

[Gozie51]

So if u get the chance to explain bitcoin to any Nigerian way never use online banking before, where you go start from? You go explain the problem way bitcoin solve, or you go teach them how bitcoin wallets Dey operate.

We thank God now say people don dey hear about a digital coin called bitcoin. And with the level of cashless wey don touch everywhere for Naija, that one don make even old people dey do BVN and open bank account even Fintech banks and they operate those banks from apps self. So it won't be too difficult with the way the internet has made knowledge easy to access.

Therefore, older people wey dey use bank app, already have the idea say him money dey inside the app wey him dey hold for the phone, so him mo go see am as something strange or abstract as him too no get him money on cash but has an electronic means he can easily get to his money. Wetin you go tell am be say there is a digital coin wey dey online and you can own it, hodl it as investment and it will be increasing in value as assets against the cash wey inflation dey chop and banks don't pay you for using your money instead they are withdrawing from it as charge, maintenance of the account. Remember say.people like when you give them assurance of low risk investment and the potential profit is higher compared to the investment on money in the bank. So na the area of investment you go take come and not yet with wallet matter, the security keys, passphrase etc. If you introduce bitcoin with the process of wallet, blockchain, some people may lose interest because of that process but if you tell them realistically how much they stand to turn over, you fit catch their interest easily.

[Felicity_Tide]

Imagine someone way only Dey familiar to physical cash.

No offense... but it turns out the person is way closer to the stone age than the digital age.
Even market women these days use online services like moniepoint for their businesses, and the way they handle those small devices_(POS), you would think they're capable of running a sophisticated attack with them_{(just kidding)}

So if u get the chance to explain bitcoin to any Nigerian way never use online banking before, where you go start from? You go explain the problem way bitcoin solve, or you go teach them how bitcoin wallets Dey operate.

There are two ways to this especially when explaining something like Bitcoin to a person who only make use of physical money for certain reasons known to them... It's either you want to explain just for the sake of explaining, or want them to understand at all cost, but note that you can't determine how quick people comprehend things, especially when you try to explain things that they're a bit far from. Afaik online banking are literally the closest thing to Bitcoin, so I don't how possible it is to break down the explanation when the person can't even picture how basic transaction works.

[CryptopreneurBrainboss]

So if u get the chance to explain bitcoin to any Nigerian way never use online banking before, where you go start from? You go explain the problem way bitcoin solve, or you go teach them how bitcoin wallets Dey operate.

Person go first walk before him go begin ran. No need teaching people about Bitcoin if they're not familiar with how online transactions works, it'll be best you start from there so they don't end up getting scammed tomorrow because they don't know how to operate online transactions or verify if they received their money when they initiale a P2P transaction. You just introducing Bitcoin to them will just be a waste of time if they have no idea what online banking is all about because probably they don't have an online account or done any transaction using a mobile phone. You first have to teach them all this then keep adding more information untill you get to them investing into Bitcoin. E get how you go give this old people modern food e go kill them oh, Na gradually process them they run all this kind things them.

[SatoPrincess]

This na very good topic way you bring up. E dey similar to this one we talk some time back: How do you make Bitcoin simple for everyday people?.

IMO when person dey talk to beginners about bitcoin, e dey good make you start with simple things than to bombard the person with big big grammar. And if na old person way never use online banking before, then you go really take your time explain am well for them because if anything happen na you go use your head carry am.

[ZeroVinsonN]

Noe be everybody suppose invest for bitcoin, imagine who never fit use Opay you wan come dey tell am how to use wallet, make them no blame you when their money loss oo, I understand say we want make our people benefit from bitcoin too but on your own you go just know say some people no fit handle am.
This problem is usually for older people but when you are talking about someone younger than it a different thing all together, they might not have had experience with online banking platforms beyond the local Opay, Palmpay. I remember having to show someone how to use Interswitch one time and if it was an older person it would have been impossible to pull off.

[Yablee0]

I wouldn't lye bring or teaching someone about Bitcoin investment is something I have already said within myself that it'll hardly happen. Because the truth is that, it's not as easy as we always think, it involves a whole lot of work since that person will completely be under your watch and supervision. However, in as much as you are teaching him how he can venture/ buy Bitcoin, it's also important you teach him how to protect it else he may end up losing everything along the line and that person in question wouldn't mind putting every blame on you. In most case he can even alleged you that you've deceived him.

I'm not just ready for such stress, moreover something your little good or hands of kindness can turn into a serious dispute.

[Livingleged]

So if u get the chance to explain bitcoin to any Nigerian way never use online banking before, where you go start from? You go explain the problem way bitcoin solve, or you go teach them how bitcoin wallets Dey operate.

Honestly he go dey really difficult to explain bitcoin give person wey never use online banking before make e really understand wetin you Dey really talk. But if the person dey educated e no suppose hard because bitcoin it self no dey complicated like that, Na something wey if them explain give person wey dey educate him suppose understand.

E no go really matter whether Na the problem bitcoin solve you explain to am first or how it work, but e no go make any difference if you explain the problem bitcoin solve solve and you no tell am how the wallet they operate. So to explaining how bitcoin wallet works go dey more important here.

I wouldn't lye bring or teaching someone about Bitcoin investment is something I have already said within myself that it'll hardly happen. Because the truth is that, it's not as easy as we always think, it involves a whole lot of work since that person will completely be under your watch and supervision. However, in as much as you are teaching him how he can venture/ buy Bitcoin, it's also important you teach him how to protect it else he may end up losing everything along the line and that person in question wouldn't mind putting every blame on you. In most case he can even alleged you that you've deceived him.

I'm not just ready for such stress, moreover something your little good or hands of kindness can turn into a serious dispute.

This is your opinion and your excuse may be valid to protect your own personal interests. But if everybody decides to be like you, what will happen to growth in the bitcoin adoption? I mean it’s not really difficult to just let someone know how to acquire and keep your bitcoin safe in a reputable wallet. And don’t really get why you have to be watching over him on a regular? This things are not hard we are the ones making it really look ambitious.