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Author Topic: D problem of explaining bitcoin to someone who never used online banking before  (Read 549 times)
Swift_tr
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October 07, 2026, 12:18:17 PM
 #41

It's not going to be an easy task explaining bitcoin to someone who doesn't have basic knowledge about online banking but it's doable with a lot of patience. You'll have to start somewhere and definitely not straight to bitcoin, you can start by getting the person used to creating and email then introducing the person to online banking proper. Once the person is used to that then you can begin explaining what bitcoin is and how it works. Gradually the person will pick up the pieces, make some mistakes but in the end your message will be passed across.
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October 07, 2026, 09:20:11 PM
 #42

Na why them say ,person no fit learn everything finish before e start , you no fit  explain everything about Bitcoin to newbie in a day and expect him or her to understand everything, learning normally nah gradual process,talk more of Bitcoin,so If I'm to explain to newbie,I will first of all tell the the most essential part ,them with time I carry them along for better understanding , because hardly for person to follow with waiting e never use or understand before,but everyone started somewhere before we got to were we are today ,so no be one day journey,but a continue process till it gets better,.

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October 07, 2026, 10:37:07 PM
 #43

Na why them say ,person no fit learn everything finish before e start , you no fit  explain everything about Bitcoin to newbie in a day and expect him or her to understand everything, learning normally nah gradual process,talk more of Bitcoin,so If I'm to explain to newbie,I will first of all tell the the most essential part ,them with time I carry them along for better understanding , because hardly for person to follow with waiting e never use or understand before,but everyone started somewhere before we got to were we are today ,so no be one day journey,but a continue process till it gets better,.

You're right, a newbie who's planning to get involved in crypto Investment (bitcoin) precisely does not need to be bombed with too many explanations. What a beginner need to know in their first stage of learning is how to buy bitcoin and the exchange they can buy from, that's after which they must have figured out their discretionary funds. Because I don't see that thing a beginner will keep learning during their early stage apart from how they can buy bitcoin while every other things will be review to them during the process of accumulating bitcoin.


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October 07, 2026, 11:45:19 PM
 #44

For anything wey person dey do na one day person dey start no matter anyhow at least you go start from somewhere to explain the digital currency, online banking and other things wey Bitcoin dey about, tell the person everything wey you know about Bitcoin an make him do him own research so that him go understand am well well because nor be all wetin you tell e go remember, e nor matter which one you teach am first na when him don ready for using, saving or investment of bitcoin na him you go come make am understand why e dey necessary to get and protect your wallet and seed phrase because even for our local currency storage the person know the importance of hm pin to him ATM card .
You nor go rush to explain, you go dey give the person time except those person wey dey very fast for learning
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October 07, 2026, 11:46:01 PM
Merited by Justbillywitt (1)
 #45

If you won tell people about bitcoin you need start from the basics, tell them weting bitcoin be first, weting them dey use an do and why the oga patapata create an. If you go start from the technical side of bitcoin you go confuse them and e fit make them no get your time. Person like me, say you carry better come and you dey start from the technical side, come leave basics I go just see you as person wey no serous. So make we try dey start small small Dey tell people about bitcoin, before we go crossover to the other side wey be technical.

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Today at 07:18:08 AM
 #46

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.
Anybody who is interested to invest in Bitcoin can be taught about it so that they will understand it more to know if they will continue or not, some persons who may be interested to invest in Bitcoin might have heard only one side of the story with out getting every details.

Bitcoin is a volatile asset and a long time investment i think this is the first part they need to hear and also that making profit from Bitcoin investment is not guarantee, as they could either make gain or lose. Due to all these factors they will also need not to invest with money they can't afford to lose since nobody can tell accurately what will happen at the end of the tunnel, although the end has been productive and profitable from the past record.

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Today at 09:02:21 AM
 #47

If you won tell people about bitcoin you need start from the basics, tell them weting bitcoin be first, weting them dey use an do and why the oga patapata create an. If you go start from the technical side of bitcoin you go confuse them and e fit make them no get your time. Person like me, say you carry better come and you dey start from the technical side, come leave basics I go just see you as person wey no serous. So make we try dey start small small Dey tell people about bitcoin, before we go crossover to the other side wey be technical.
Before explaining something to someone, it would be a good idea and a time saving if we read the person either they are interested into what you are about to share with them or not because some people can be time wasting. But when they show interest then we can begin with the basics and the most important part like why was it created, it purposes, it uses, how valuable it is and how benefiting it can be then we should let them know the risk in it too and how it isn’t 100% guaranteed to bring profits when invested.

With this I guess we have lay out the strong pillars for them to decide if they are still in or they would be leaving, then after their decision we can begin to take them deeper into the technical aspects and others.

 
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Today at 08:37:45 PM
 #48

Na why them say ,person no fit learn everything finish before e start , you no fit  explain everything about Bitcoin to newbie in a day and expect him or her to understand everything, learning normally nah gradual process,talk more of Bitcoin,so If I'm to explain to newbie,I will first of all tell the the most essential part ,them with time I carry them along for better understanding , because hardly for person to follow with waiting e never use or understand before,but everyone started somewhere before we got to were we are today ,so no be one day journey,but a continue process till it gets better,.

You don talk am finish. The thing wey dey worry most people be say to calm down explain something well for person dey hard dem and dem dey assume say everybody supposed don sabi wetin dem sabi too. If everybody live by dat standards e mean say our teachers dem for no fit teach us wetin we go understand when we been dey school. Pikin dey first learn how to walk before him go run so na small small na person go take teach who no get any idea of performing transaction online. Dem no dey learn bitcoin finish, even people wey don tey for the industry still dey learn something new talkmore of person wey no even get single idea of wetin bitcoin be all about.

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Today at 09:26:38 PM
 #49


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.
Well for me I no think say to teach person Bitcoin na by force, as we dey Yan about Bitcoin like this, no be for everybody. As a matter of fact person wey no go school no fit invest for Bitcoin because you need educational knowledge to succeed. And with your kind of explanation, e really mean say that kind person no Sabi book because na only person wey no Sabi book wey no fit do online banking. That kind person na no go area because you go explain tire. So i go advice anybody wey wan teach person about Bitcoin make him or her first try to know if the person Sabi read, if e no Sabi na red flag be that. No just waste your time except say e get pikin or any relation wey fit help am run am. And that one no kuku get privacy again.

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