I need some good Bitcoin resources- to help explain Crypto to an investor HELP!

[empowering]

I am compiling a list of resources

[seriouscoin]

I am compiling a list of resources for a person that is totally not up to date and does not get Bitcoin/Crypto currency

The person has a finance background, and a legal background- the person is not technically minded

I have list of resources , videos, text, articles and good places to get key data.

has anyone any works they suggest may be suitable for this gentleman to read ?  (I get the feeling he is more of a reader than a video watcher, plus I have some good videos already- though if you have any amazing links please do share)

I am almost ready to send what I have, but just thought I would ask here if anyone has any good primers to add to my list or rather than me writing it all out again.

The gentleman is a man with very deep pockets and a group of investors, I have meetings planned with the person in question to discuss starting
a Crypto/Bitcoin relegated company here in the UK -

I am looking for good text primers for a person new to crypto but that has a good finance background,  not too basic, not too full on   have you any suggestions that I can add to my ever growing list ?  I do not want to send him everything, I am looking to cherry pick.

Already had one meeting with the chap in question, and before the next one I would like him to do some reading, so he knows more about where
his money is going to be going, before the next rounds of meetings- as the guy is pretty much a crypto newbie.

Thank you in advance.

From your post, it seems like you dont even know much anyway....

Crypto is not bitcoin  . You're telling him to read about cryptography or what? Stop talking like a moron and let serious ppl do serious business. We dont want to hear another failed bitcoin business run by idiots.


EDIT: joined date December 23rd 2013, another noob attracted by price hikes .... no wonder you call bitcoin "crypto"

[empowering]

lol  right

[newIndia]

You might like to read this and also the thread mentioned at the end of this thread => https://bitcointalk.org/index.php?topic=594344.0

[Beliathon]

"I have a lot of friends who are programmers. The programmers have always gone like, "Those [Bitcoin] guys are crazy."

And then, almost 100 percent of the time, they sit down, read the paper, read the code — it takes them a couple weeks -- and they come out the other side. And they're like: "Oh my god, this is it. This is the big breakthrough. This is the thing we've been waiting for. He solved all the problems. Whoever he is should get the Nobel prize -- he's a genius. This is the thing! This is the distributed trust network that the Internet always needed and never had."

So, one of the challenges is you take people who aren't professional programmers or mathematicians and then you expect them to understand it from a standing start. And it's daunting. And so then it gets a word attached to it, like "currency" or whatever you want to call it, and then people think that it is something it isn't. And you have a sense of this, but it's a much deeper concept than currency. It's the idea of distributed trust."
—Marc Andreessen (in conversation with Brian Fung)

Source: http://www.washingtonpost.com/blogs/the-switch/wp/2014/05/21/marc-andreessen-in-20-years-well-talk-about-bitcoin-like-we-talk-about-the-internet-today/

[Gleb Gamow]

"I have a lot of friends who are programmers. The programmers have always gone like, "Those [Bitcoin] guys are crazy."

And then, almost 100 percent of the time, they sit down, read the paper, read the code — it takes them a couple weeks -- and they come out the other side. And they're like: "Oh my god, this is it. This is the big breakthrough. This is the thing we've been waiting for. He solved all the problems. Whoever he is should get the Nobel prize -- he's a genius. This is the thing! This is the distributed trust network that the Internet always needed and never had."

So, one of the challenges is you take people who aren't professional programmers or mathematicians and then you expect them to understand it from a standing start. And it's daunting. And so then it gets a word attached to it, like "currency" or whatever you want to call it, and then people think that it is something it isn't. And you have a sense of this, but it's a much deeper concept than currency. It's the idea of distributed trust."
—Marc Andreessen (in conversation with Brian Fung)

Source: http://www.washingtonpost.com/blogs/the-switch/wp/2014/05/21/marc-andreessen-in-20-years-well-talk-about-bitcoin-like-we-talk-about-the-internet-today/

Bitcoin Jesus, meet Coinhead.

[phillipsjk]

"I have a lot of friends who are programmers. The programmers have always gone like, "Those [Bitcoin] guys are crazy."

And then, almost 100 percent of the time, they sit down, read the paper, read the code — it takes them a couple weeks -- and they come out the other side. And they're like: "Oh my god, this is it. This is the big breakthrough. This is the thing we've been waiting for. He solved all the problems. Whoever he is should get the Nobel prize -- he's a genius. This is the thing! This is the distributed trust network that the Internet always needed and never had."

I did not read the code myself, but I have read the original whitepaper.

It is a little technical, but not very long. You have to understand what a cryptographic hash is to understand the paper. (A cryptographic has is a hash that is believed to be irreversible).

[knightcoin]

https://bitcoin.org/en/resources

[cp1]

It's just an accounting ledger that everyone has a copy of that can't be faked.

[franky1]

the investor you talk to is not into programming..

so please please please please DO NOT show him videos that spend 20 minutes talking about cryptography and how mining works.

forex investors do not watch videos about how the fed works, or how a bank note is printed. they truly dont care what patent the cotton of the paper bank note is...

so do not waste a minute on the science of bitcoin.

instead talk to them in human terms. bitcoin itself has not been hacked. (only businesses have, but thats a different story) so just say that hackers have tried to break bitcoin and failed, thats why hackers now love bitcoin for their own store of wealth, because they trust it.
talk about the government side. there are now more government investigations and countries approving bitcoin as an asset. which if you ask a government to approve a tin of baked beans as an asset, they would laugh, again making bitcoin a trusted value store for the government
talk about deflation vs inflation. EG
30 years ago a pizza was less then a dollar, now its over $10..
3 years ago 1 pizza was 5000btc. now you can buy over 60 pizza's for just 1btc.
talk about the fact that forex trading is boring and slow. EG UK-US only moves cents per day and for decades has been stuck on a bracket of £1=$1.50-$1.90 where as bitcoin has no higher or lower brackets. and definitely is at such a small utility now, and growing that the sky is literally the limit..

Keep the "how it works" short. EG

It's just an accounting ledger that everyone has a copy of that can't be faked.

stick to what he knows and wants to know. dont go into mining unless he is going to buy rigs and set them up himself. if he is an investor, its better and cheaper to just buy coins and hoard. or invest into an actual registered and legit business.

mining is not an investment in bitcoin, its an investment in electric supply companies. so dont waste too much time on the mining side.

[knightcoin]

Also I think Andreas M. Antonopoulos ebook will be very useful to spread bitcoin idea to the world ... bitcoin learning resources are very important ... after all only few are capable to dig into 281800 lines of code...

[BTCat]

Here's a nice article that says a lot of current Bitcoin and altcoin's financial situation:

http://cryptobizmagazine.com/cryptogenic-bullion-and-the-consultancy-culture/

[seriouscoin]

....blah blah blah blah...

I dont care if you think i sound rude. The fact that you keep preferring bitcoin as "crypto" means you already failed at grasping the fundamental of bitcoins.


Fortunately for you, there are also many idiots like to use such "technical" word to show they're in the known/trend.

Wanna talk to an investor about bitcoin, talk about " alternative currency" and the economic aspect behind it as what they care about is their bottom line.

Good luck to you... and your grandma if she's still alive.

[StevenS]

Excuse me- you do not know me, and you know nothing of my background and you know nothing of what I am planning.

I know plenty thanks, and I already have plenty of information- I am merely asking if anyone has any good primers for a total newbie.

Maybe read a bit better-  and by crypto's I was using an abbreviation for Cryptocurrency, of which Bitcoin is certainly one, that much is pretty obvious? or is that the highlight of your knowledge?

Some advice: It's not the easiest thing to do, but it's best not to respond to an attack in this way. Better is to wait for a while, and someone else will do it for you, which makes you look much better.

[seriouscoin]

Excuse me- you do not know me, and you know nothing of my background and you know nothing of what I am planning.

I know plenty thanks, and I already have plenty of information- I am merely asking if anyone has any good primers for a total newbie.

Maybe read a bit better-  and by crypto's I was using an abbreviation for Cryptocurrency, of which Bitcoin is certainly one, that much is pretty obvious? or is that the highlight of your knowledge?

Some advice: It's not the easiest thing to do, but it's best not to respond to an attack in this way. Better is to wait for a while, and someone else will do it for you, which makes you look much better.

I "agree", let me sum it up for you :

Some non-technical noob, like to start a "crypto" related company while using technical word without actually understand jack about it "technically". How typical right?

The OP background is finance. How many times have we seen failed btc businesses run by "financial experts"?

Good luck to whomever handing the OP money.

[empowering]

"I have a lot of friends who are programmers. The programmers have always gone like, "Those [Bitcoin] guys are crazy."

And then, almost 100 percent of the time, they sit down, read the paper, read the code — it takes them a couple weeks -- and they come out the other side. And they're like: "Oh my god, this is it. This is the big breakthrough. This is the thing we've been waiting for. He solved all the problems. Whoever he is should get the Nobel prize -- he's a genius. This is the thing! This is the distributed trust network that the Internet always needed and never had."

I did not read the code myself, but I have read the original whitepaper.

It is a little technical, but not very long. You have to understand what a cryptographic hash is to understand the paper. (A cryptographic has is a hash that is believed to be irreversible).

Hi - thanks : )

The Bitcoin whitepaper of course is the first thing I read back in end of 2010, and the first item in my list : )

I have an pretty good understanding of basic cryptography, hashing, elliptic curve etc

As I said this is not for me (though it is always good to learn new things of course) and the gentleman I am in talks with will only ever most likely
want a rudimentary understanding of the deeper workings of the protocol - hence why I am looking for good primers to get the guys up to speed...
 I have enough info already , just scanning for any good polished sources that I may not have seen.


 

[empowering]

Excuse me- you do not know me, and you know nothing of my background and you know nothing of what I am planning.

I know plenty thanks, and I already have plenty of information- I am merely asking if anyone has any good primers for a total newbie.

Maybe read a bit better-  and by crypto's I was using an abbreviation for Cryptocurrency, of which Bitcoin is certainly one, that much is pretty obvious? or is that the highlight of your knowledge?

Some advice: It's not the easiest thing to do, but it's best not to respond to an attack in this way. Better is to wait for a while, and someone else will do it for you, which makes you look much better.

I "agree", let me sum it up for you :

Some non-technical noob, like to start a "crypto" related company while using technical word without actually understand jack about it "technically". How typical right?

The OP background is finance. How many times have we seen failed btc businesses run by "financial experts"?

Good luck to whomever handing the OP money.

My my you are full of yourself - and you jump to a lot of conclusions, false ones at that - good luck to whomever you live with.

[empowering]

Excuse me- you do not know me, and you know nothing of my background and you know nothing of what I am planning.

I know plenty thanks, and I already have plenty of information- I am merely asking if anyone has any good primers for a total newbie.

Maybe read a bit better-  and by crypto's I was using an abbreviation for Cryptocurrency, of which Bitcoin is certainly one, that much is pretty obvious? or is that the highlight of your knowledge?

Some advice: It's not the easiest thing to do, but it's best not to respond to an attack in this way. Better is to wait for a while, and someone else will do it for you, which makes you look much better.

Hi yeah I know my bad - I have dealt with a fair share of mindless trolls in my life, and I can see that this chap is not a very smart or a useful troll even, so he is now on ignore, where he shall stay.
 

[empowering]

the investor you talk to is not into programming..

so please please please please DO NOT show him videos that spend 20 minutes talking about cryptography and how mining works.

forex investors do not watch videos about how the fed works, or how a bank note is printed. they truly dont care what patent the cotton of the paper bank note is...

so do not waste a minute on the science of bitcoin.

instead talk to them in human terms. bitcoin itself has not been hacked. (only businesses have, but thats a different story) so just say that hackers have tried to break bitcoin and failed, thats why hackers now love bitcoin for their own store of wealth, because they trust it.
talk about the government side. there are now more government investigations and countries approving bitcoin as an asset. which if you ask a government to approve a tin of baked beans as an asset, they would laugh, again making bitcoin a trusted value store for the government
talk about deflation vs inflation. EG
30 years ago a pizza was less then a dollar, now its over $10..
3 years ago 1 pizza was 5000btc. now you can buy over 60 pizza's for just 1btc.
talk about the fact that forex trading is boring and slow. EG UK-US only moves cents per day and for decades has been stuck on a bracket of £1=$1.50-$1.90 where as bitcoin has no higher or lower brackets. and definitely is at such a small utility now, and growing that the sky is literally the limit..

Keep the "how it works" short. EG

It's just an accounting ledger that everyone has a copy of that can't be faked.

stick to what he knows and wants to know. dont go into mining unless he is going to buy rigs and set them up himself. if he is an investor, its better and cheaper to just buy coins and hoard. or invest into an actual registered and legit business.

mining is not an investment in bitcoin, its an investment in electric supply companies. so dont waste too much time on the mining side.

ps - This is not a mining operation, and it is not an exchange, it is something different, as I said not public facing, so it is business to business, and is providing a service that the gentleman already provides, and has done past 20 years with his own firm, and working with some very big players, so this is merely doing almost exactly what he already does and has done the past 20 years, but using cryptocurrency and the blockchain,  it is fiendishly simple, the business is 100% there and the contacts already there, and at no point will the business be in the general publics eye.
 I am sure by the time I am done with him the guy is going to end up holding Bitcoin, probably, but that will have nothing to do with what are going to do. This is more about disrupting a industry that is already in place (and thriving) and adding massive value, and increasing the profit margin massively.  If/when this all works out, then I will come back and spill the beans one day, once we are properly up and running.  

[empowering]

It's just an accounting ledger that everyone has a copy of that can't be faked.

Good one