How to explain bitcoin to person who does not know about it?

[Spacus 49]

I I don't think people as still dark yet, but if it's that the only that we can used to explain bitcoin to those that doesn't have knowledge or experience about it, is only methods is to come to their level I their understanding in other to know what you're talking about, and let them know how crypto currencies does work.

[Shaquille 181]

You can easily explain about what bitcoin is. It is a digital currency and has a lot of value. think it would be difficult to explain how cryptocurrencies work especially if the person don't have any slight knowledge about cryptocurrencies.

[Abrar1122 10]

The best and the easiest way to tell people that you can make money online and these are the true things it is to show them their forum

[Salena 338]

On 11/11/2020 at 9:04 PM, Royanmeclaren said:

Bitcoin is a digital currency which was created in 2009 following the housing market cash. Basically the bitcoin follow the idea set out in a white paper by the mysterious and pseudonymous satoshi. Bitcoin offers the promise of lower transaction fee that traditional online payment. There are no physical bitcoin, only balance kept on public ledger that everyone has transparent access to that. Each bitcoin is basically a computer file which is stored in a digital wallet app on a smartphone or a computer. 

Thanks dude for sharing such an useful information i am not too old here i know that whay is bitcoin but don't know about it in detail but after reading your posts i get more knowledge about btc..

[alialyousef123a 111]

You should start with a simple explanation of people who do not believe in this business, for example, tell them about another similar job to cryptocurrency and explain a simple comparison between cryptocurrency and fiat currency.  I mean, if the dollar’s exchange rate is equal to 2 euros, and you bought the euro, and after a period of time, the price of the dollar rose and then replaced it with this euro.  The principle of investing in the world of cryptocurrencies is just as important as fiat currencies

[Roselilly 30]

A person who don't know about the Bitcoin, should update his knowledge of the world and the happenings here .If someone who is not aware should be suggested sources where he could learn in detail about Bitcoin and should be asked to keep himself updated and aware .

[scorpiali 5626]

It's really a complicated process to explain how it work and what deose means but also in the same time it's easy too because you don't need to explain all you need just to start from the most important thing, it's like money that you can use

[Choudhary umer 0]

This is not difficult to describe the Bitcoin in front of anyone I want to tell you that you should to tell to the people's the Bitcoin is a digital currency in these days and this is used for the trading in the market like a dollar in the physical market

[Mrbeen890 5]

You have to given them advice that it is eliminated and it is our best future and then he might think that you are saying right and each bitcoin is basically a computer file which is stored in a digital wallet application on a smartphone or a computer.

[DC71 169]

Best method to explain those person who did not have knowledge about btcoin and other cryptocurrency is show them payment proof first. Because these kind of people cannot believe if we cannot give them our payment proof. Other best method is we give some educational material like different territorial videos articals and books

[Mecalum 421]

Dear friend we want to tell about Bitcoin to others peoples and Bitcoin is a digital currency and the very highest currency and we should tell to the other peoples that they invest their money in Bitcoin.Best of luck my friend.

[Goopang 202]

When a guy don't know about it we can start first from digital curriencies and first we gave the example of trading in our society and then we start guided that person by this way and started teaching that guy and we will surely satisfied that guy. 

[Sarfraz008 557]

Bitcoin's device of labor isn't virtually complex and is an open chain such as all transfers and each time it is up to date with new transactions. You can study about this in detail in resources at the Internet.

[M Mani 135]

Yes, we encountered this problem for the first time with parents thinking about cryptocurrencies. You will need to read some reports on cryptocurrencies. You can also show the platform, how it works, and the amount you transferred.

[Maya Khan 99]

When our parents and friends want to understand you can simply tell them bitcoin is a digital currency and it's huge demand and most popular in the world. It is secured mood of investing and trading

[SOHAIL123 52]

I know friend there have many weaknesses in our knowledge and experience I think here is so many people he can not afford this currency bitcoin is so strong mony if you convert is your currency so we are doing learn and earning so our al efforts is for our bright future we thank full for this great platform he given this opportunity thanks

[milyapsak0901 693]

They must learn about the incredible price increase of bitcoin, and you can start to explain how the price increase that much. After that you can talk about the blockchain and decentralization. You can compare decentralized system and centralized, and tell them bitcoin is decentralized and no one can manipulate the price directly.

[Ayatpossible 201]

@Shaheem  I agree with you. It is possible to give an idea about bitcoin who does not know about bitcoin. We can tell their as bitcoin is a digital or computerized coin. It's high valuable and a lot of peoples are using it. But should not say it that bitcoin is banned in many countries.

Edited January 29, 2021 by Ayatpossible

[Cryptolovee 767]

Dear bitcoin is a digital currency which is created 2009 bitcoin becoming popular day by day and it's prices are rising very fastly we can earn alot of money from bitcoins

[A beer04 208]

Welcome my friend, Bitcoin is a digital and encrypted currency, and it is legal and valid for circulation around the world. It is also a profitable currency.

[noumair 392]

Hello my friend,  Bitcoin is a digital currency of high value and widely distributed globally and you can enter with some details, but if the person in front of you did not understand what you said, you can tell him that it is like the currencies in the bank account, you can trade it without holding it in your hand, but it is valuable High .

[Rebacca 23]

Mate, i did a bit research and found out that, bitcoin is an advanced money which was made in 2009 after the real estate market money. Essentially the bitcoin follow the thought set out in a white paper by the puzzling and pseudonymous satoshi. Bitcoin offers the guarantee of lower exchange charge that conventional online installment. There are no physical bitcoin, just equilibrium kept on open record that everybody has straightforward admittance to that. Each bitcoin is fundamentally a PC record which is put away in a computerized wallet application on a cell phone or a PC.

[Shobid 191]

Bitcoin is a cryptocurrency which is digitally centralised.you cannot see or spend Bitcoin physically.it is traditional currency but always online.it is legal and easy for transaction.on this forum it is easier to earn Satoshi BTC by participating in posting useful topics and comment for others to understand and gain knowledge from it.this is part of introducing cryptocurrency to the world at large.we earn by being part of the growth and development of cryptocurrencies. @Rebacca, @noumair, @Younes31, @John Smithy009

[Fahad rajput 49]

Well dear mate. As a beginner everyone wants to know what is bitcoin if anyone wants to know about bitcoin it must be compulsory to go on the site and read the rules first then you will get more and more. Thanks

[Nayeem1312 743]

You can explain about this history to your friends who don’t know about it. Cause this is very powerful and expensive crypto currency. So if you can share about this values then your friends will be easily understand about it.