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Author Topic: *What is really interesting about Bitcoin*  (Read 351 times)
Localhostspeed
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Today at 09:29:40 AM
 #41

For me, the most interesting part is being able to send money directly to someone in another country without having to deal with banks or other intermediaries. The price is obviously what gets most of the attention, but the payment side of Bitcoin is what made me interested in the first place.

If you are a Nigerian, you will understand the magnitude of this suffer we go through all in the name of sending money to another person or receive payment from another country. Companies like PayPal has frustrated Nigerians, you can't receive money from outside the country but with Bitcoin, your money will get you in few minutes and do p2p in minutes too and money will enter your bank account, you can't do such with bank transactions.

The kind of profiling that comes with been a Nigeria or work with client is frustrating, most of this vendors will ask you for things you are not even ready to provide because you don't have it but with Bitcoin, you are getting paid. As long you legit, you don't have problem with Bitcoin because you can't use Bitcoin to even do any fraud. This part is where some people don't understand, Bitcoin is not private and it's one of the best medium for border payment.

Derekfunds
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Today at 12:03:16 PM
 #42

I think the best way to convince someone about Bitcoin is not to over hype it or tell them that it has no risks knowing fully well that its risky if not cartfully watched most especially volatility and the responsibility of securing your private key for me I can say what have enjoyed most is the financial control and accessibility because bitcoin allows you to have control over your asset and if can be transferred globally without needing a bank to approve your transaction and thats the most sweetest part to me.

You don't really need to convince someone to invest in Bitcoin rather you should just give them the basic knowledge or education needed for them because convincing them may not be good, investing in Bitcoin has to be something will decide and chose to do. And yes while telling people about Bitcoin the cons and pros has to be discussed too so they will know what they are up against in case they decide to invest and lastly, Bitcoin doesn't help you have control over your asset Bitcoin is the asset already rather what makes you have control over your asset is the Wallet.

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Rockson1
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Today at 12:31:00 PM
 #43

Like Judith already stated, trying to convince someone to invest on Bitcoin is not something you should do, let the person convince themselves after you must have given them the important education about Bitcoin. There are people that after you must have convinced them to invest on Bitcoin, if anything goes wrong, they will put the blame on you, telling people that you deceived them and you won't want to be in such a situation where someone blames you for trying to help them adopt Bitcoin that is supposed to be a big advantage to them.
This is right because conviction comes with a kinda persuasion, so it should not be, when we are telling people about Bitcoin, Bitcoin has already make name for itself, so I believe that it is not everything we should tell people, especially those that are enlightened, when it comes to Bitcoin investment, those that want to invest will definitely be convinced if not for anything, atleast for the fact that the history of Bitcoin speaks for it, you have a good point that blame is the reason many do not go to the extent of convincing intending Bitcoin nvestors, I do not go beyond my boundaries, I mentione what I know to you, and allow you to be the one to decide the next step to take.

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Today at 02:34:04 PM
 #44

If I should convince a man who knows nothing about Bitcoin to start using Bitcoin what should I tell him,  what convincing words should I tell him or how do I make him believe in Bitcoin and start to use and invest in Bitcoin.

Full ownership of how one stores, spends, and uses his Bitcoin is enough words to tell a newbie for free. That alone will make them understand that Bitcoin is not cash. It cannot be controlled by the government. A bitcoiner don't have to wait in a queue at a bank to make a transaction and get a receipt. Sending cross-border payments can be done instantly using Bitcoin without going through any third parties and conversion to cash. The rights over how we use our Bitcoin are what make it more special than other currencies.

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