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Author Topic: D problem of explaining bitcoin to someone who never used online banking before  (Read 799 times)
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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), BItcoin Guy@ (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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October 08, 2026, 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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October 08, 2026, 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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October 08, 2026, 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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October 08, 2026, 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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October 08, 2026, 09:47:00 PM
Merited by igebotz (2)
 #50

-Edited out-
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.
-Edited out-
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.
You guys are funny Grin.
Why do you or I  need to explain Btcoin to someone who haven't done any digital financial transaction before, not even familiar now ? Trust me whatever you tell them is completely useless and a waste of time, they can even think you're trying to scam them Grin.

Have you even tried to explain it to someone familiar with such and they still don’t get it because even some who have the knowledge have to unlearn and relearn what they already know.

Sometimes it's best to leave people with what they are familiar with.

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October 10, 2026, 06:46:19 PM
 #51

 Teaching Bitcoin as newbies is not the issue certain question is required to be answered by the newbies, such as willingness to learn and take the risk involved is the primary key to know from such person, and this information of letting him know about it's volatile nature and not quick to get rich must be put to deep understanding, because it's the are many get it wrong, no knowledge is gotten in a day the risk must be the primary exposure, how to identify scam and never to engage on what ever they may tagged to be Bitcoin without details search should be avoided such as airdrop etc from their the newbies will be able to know much and getting all this information and readiness can leads to wallet creations and investing, all depends on its understanding.

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October 10, 2026, 07:06:04 PM
Merited by igebotz (3)
 #52

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.

Use land as an example when teaching those kind people about Bitcoin, also use palm oil to to teach these laymen.

Land are bought and then fenced and gated for protection, while leaving it for longer period to appreciate and then sell in high price for profit. The same goes with palm oil, some oil are bought in large quantity, stored in a drum for longer period because palm oil hardly get spoilt, when the market price is condusive, you can unlock it from the drum to make profit.

N/b, the fence and gate for land, drum for palm oil represents wallet and Private keys, market for selling Palm oil is the same as crypto market for selling Bitcoin when deems fit.

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October 12, 2026, 02:56:45 PM
 #53

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.
Learning na gradual process. De person suppose start from online banking wey him go fit relate with based on say him dey deal with fiat before, ensure say him don sabi am well well before him go introduce Bitcoin, because Bitcoin knowledge na on top banking knowledge you go build am make de pesin fit follow up. If na me, I no go really like teach dis pesin, unless I get excess time because em learning go long based on say him no dey tech savvy at all. But dis kain teaching na small small, if you rush am him brain no go carry am since na new concept entirely you wan teach am.

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October 12, 2026, 03:59:05 PM
 #54

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.

That's already a good reason to leave them alone, you're not obligated to teach Bitcoin or force it on anyone- those who are interested in Bitcoin will find it one way or another - anyone who's interested in something must show willingness first..

Anyone who's not interested in online banking would definitely not buy the idea of opening a Bitcoin Wallet or buying a Bitcoin. Imagine telling my grandpa to abandon his whole life traditional ways of  savings to buy something completely different, he'd think you want to steal from him.

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October 12, 2026, 04:54:03 PM
 #55

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.

People who really understand what digital currency is and have never used online banking will never understand or try to understand Bitcoin no matter how simple you try to explain it to them, you will not get any feedback for the time you spend on them. No matter how well you try to explain it to them, they will not understand it and when they do not understand what Bitcoin is, they may make bad comments about Bitcoin, so I think it is not right to explain Bitcoin to someone who is not familiar with the online banking system.

I honestly do not have that much time. I avoid such people because I do not want them to make bad comments about Bitcoin if they do not understand it. I do not want this.

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October 12, 2026, 05:05:24 PM
Merited by Crypto_Timothy (1)
 #56

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.

That's already a good reason to leave them alone, you're not obligated to teach Bitcoin or force it on anyone- those who are interested in Bitcoin will find it one way or another - anyone who's interested in something must show willingness first..

Anyone who's not interested in online banking would definitely not buy the idea of opening a Bitcoin Wallet or buying a Bitcoin. Imagine telling my grandpa to abandon his whole life traditional ways of  savings to buy something completely different, he'd think you want to steal from him.

Some people behaves as if they will benefit something from teaching someone about bitcoin. What is the essence of trying to teach someone about bitcoin when it isn't they themselves that developed interest. Can you imagine that I bought something from someone and requested for her account details so that I can send the money but she told me that she doesn’t accept transfers except cash. Tell me how you can convince such person about anything that will require them to use the Internet.

 Bitcoin investment isn't for everyone and if at this time there are still people who is unaware of bitcoin, they should remain in the dark instead of someone who is into bitcoin to start trying to explain anything to them. The world is going digital, therefore everyone needs to be digitally oriented too but that will require being interested and not waiting to be convinced first.

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October 12, 2026, 05:24:03 PM
 #57

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.

The security of their investment is more of technical knowledge, what a beginner needs to get started with Bitcoin investment is knowing how to properly invest in Bitcoin and the right exchange wallet to buy from then on the process of investing they can start looking into learning about security and other important things. Although every beginners is entitled to decide if they will learn about security from the beginning or they will only learn the basic things such as knowing how to invest and the right exchange wallet to use.

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October 12, 2026, 05:27:01 PM
 #58

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,.
I believe that online banking os first where the person will have to start from, because is alot of troubles to teach a newbie bitcoin and online banking at the same time, this is going to be alot of work for the person and if care is not taken he may get exusted along the way, I agree on the timing if the learning want to start and also point out the key factors to aid their accessibility of whatever they are interested in in both banking and bitcoin investment at the same time.

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October 12, 2026, 05:48:45 PM
Last edit: October 12, 2026, 06:00:23 PM by Sir_Garry55
 #59

If you wan tell people about bitcoin, you need start from the basics: tell them wetin bitcoin be first, wetin them dey use am and do and why the oga patapata create am. 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 serious. So make we try dey start small small. Dey tell people about Bitcoin before we go crossover to the other side wey be technical.
The main issue concerning these persons and telling them about Bitcoin is: do these persons really need the information, and if they need it, why do they need it? I think all these questions are necessary, because we have so many funny people, as all they want to know is about Bitcoin. After all, they are just interested in the money aspect; aside from that, there is no associative link between them and the dealings of Bitcoin.

The way you might be holding your Bitcoin and not worrying about its downtrend, no matter what you are still holding, do you think those people want that? So all that information one might be passing will just be a total waste of time, to be honest.

If their intentions for Bitcoin are genuine and pure, then making them understand this information is necessary, as they really need the basics to be guided,d as that is what they really need to understand to start.

But let's be real with ourselves, can we actually teach people who haven't done any digital transactions before? And if I may ask, what has transpired in them for this? Rather than teaching such people, they should do those simple ones out there so they can know their mistakes before coming to Bitcoin, where it is full of bigger risks. Let's be careful to be honest; most people don't need this information, as they might do it wrongly.

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October 12, 2026, 05:59:12 PM
 #60

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.
In this era and how easy it is to use the internet, I always believe that anyone who knows how to read is one step ahead in knowing how to handle minor internet searches and how they work because things are explained once you click.

Basic knowledge about the internet will add up, but if I meet someone who doesn't even have a clue about how the internet works, to be honest, I won’t be wasting my time trying to teach them because it will typically be like a child who is moved from nursery school into secondary.

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