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Author Topic: How easy is it to convince someone that Bitcoin of a digital currency is real?  (Read 2080 times)

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Well to invest on bitcoin is one choice, bitcoin has played his role of showing that is a nice project worth investing on , with alot of golden opportunity that can change one life for the better in a long run . This time around alot of folks has been investing in Bitcoin without even any convincing them but through seeing the potential of growth Bitcoin possess, and expecially this time around Bitcoin halving is close . And base on history of Bitcoin concerning the halving Bitcoin always undergo a massive growth after the halving. So those that keep having doubts about Bitcoin should keep having such doubt while Bitcoin keep growing and undergoing alot of break through.

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Offline joniboini

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And base on history of Bitcoin concerning the halving Bitcoin always undergo a massive growth after the halving. So those that keep having doubts about Bitcoin should keep having such doubt while Bitcoin keep growing and undergoing alot of break through.
But OP's question is not about whether you should buy Bitcoin as an investment or not, is it? I believe whether Bitcoin will break new ATH or not is not relevant if you want to use Bitcoin to trade stuff or services. It will affect how much you need to spend for sure, but whether Bitcoin is worth $10k or $100k, you can use Bitcoin to pay for anything easily depending on where you live. I use Bitcoin to pay for digital products regularly, and while it hurts me quite a bit to spend a lot of sats when Bitcoin is in a bear market, I don't regret using it as a currency since the benefits outweigh the cost. It isn't like I can only choose one over the other and enjoy both benefits easily.

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I use Bitcoin to pay for digital products regularly, and while it hurts me quite a bit to spend a lot of sats when Bitcoin is in a bear market, I don't regret using it as a currency since the benefits outweigh the cost. It isn't like I can only choose one over the other and enjoy both benefits easily.
It is a choice to make Bitcoin as a real purpose created or only used for investment or as a speculative asset.

I also used some Bitcoin to pay for the Website domain from a few years ago.
Now that the price of Bitcoin is rising, fewer sats are needed

Offline JoyMarsha

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Very easy but that will depend on the relationship you have with the person and the perspective of that person towards bitcoin.

With the level bitcoin has gone, I don't think it necessary to begin to give out explanations to people on why to accept bitcoin to be real because bitcoin has already proven itself to the world that it is real and it has changed people's financial situation for the better than when they are saving their money on fiat that gives no interest but reduces value over time than when the store their assets in bitcoin that will yield them many profits in the future when hodl for long

Offline pacar_tiri

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I also used some Bitcoin to pay for the Website domain from a few years ago.
Now that the price of Bitcoin is rising, fewer sats are needed
Agree, payments using Bitcoin have very cheap fees so it is possible to carry out whatever transactions we want, but remembering that Bitcoin is increasingly difficult to get, so I am considering what I will do with the Bitcoin I have and prefer to keep it for a very long time.

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Re: How easy is it to convince someone that Bitcoin of a digital currency is real?
It will depend on the person you are convincing with.
If you will try to convince an old person, they will find it overwhelming to the point that they will not be interested on it. On the other hand, if you will tell it to somewhat a Gen Z person or a person who's at the 20's or 30's, they might find it interesting for them and they might get curious to learn it as well.

For us who've been in the crypto for a long time, we know that it's real. The problem is those other people who doesn't even know that a thing called Bitcoin exists. Convincing isn't enough. Knowledge is needed for a person to know that it's a real, and it's existing.

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Re: How easy is it to convince someone that Bitcoin of a digital currency is real?
It will depend on the person you are convincing with.
If you will try to convince an old person, they will find it overwhelming to the point that they will not be interested on it. On the other hand, if you will tell it to somewhat a Gen Z person or a person who's at the 20's or 30's, they might find it interesting for them and they might get curious to learn it as well.
I agree, the same as to what happened to me and to my uncle who is already a senior citizen. The first time I get to know about Bitcoin, I am looking for someone who I can talk to about it and do the same activity. Since I am always together with my uncle, I decided to talk to him about it and try to teach him. At first, it goes well, but in the end, he loses interest as it is about technology. He often says to me that it is not fit for his age to use technology or even surf the internet.

For us who've been in the crypto for a long time, we know that it's real. The problem is those other people who doesn't even know that a thing called Bitcoin exists. Convincing isn't enough. Knowledge is needed for a person to know that it's a real, and it's existing.
If it is in the past, like the time before a lot of people got to know Bitcoin, it will be hard. However, we are already in 2024 when everything was on the internet. Since the target is those 20s to 30s or the Gen Z just like you have said, it will be easier by now. Especially since the price of Bitcoin is really high, there are even some other people who insist on investing even without knowing because they are hyped up for some reason.
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Offline Faisal2202

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It will depend on the person you are convincing with.
If you will try to convince an old person, they will find it overwhelming to the point that they will not be interested on it. On the other hand, if you will tell it to somewhat a Gen Z person or a person who's at the 20's or 30's, they might find it interesting for them and they might get curious to learn it as well.
I don't think it depends on the factor of how old someone is because I have seen members on the BTT forum, which are from octogenarian group (80 years) and some are in their 60s. The point is, that people are interested in crypto for profit, to make there future more secure money-wise. And according to you old ones might not like it, IMO that's because they are no more worried about there future due to numerous factors, (that's another talk) but there are old people who are interested in crypto as well, actually, age does not matter, the only thing that matter is, how much risk a person wants to take, how much interested that person is in adventure, how that person sees a technology, with what perspective.

This means, that old ones are interested in crypto because they praise its potential, and the knowledge it has given to the people, the trust that was among people for banks has been broken and that's what is called revolutionization.
For us who've been in the crypto for a long time, we know that it's real. The problem is those other people who doesn't even know that a thing called Bitcoin exists. Convincing isn't enough. Knowledge is needed for a person to know that it's a real, and it's existing.
I don't think after the ETFs approval we still have to make that much efforts to convince someone about the potential of BTC, yeah in case if the person is not even interested in making investment, and don't even know what ETFs are then its a waste to put your energy in convincing him/her.
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Convincing someone that Bitcoin of a digital currency is real isn't that easy because we cannot avoid them from thinking that it's fake or a scam. But to answer  it's pretty easy to convince them by stating facts and providing informations that can give them assurance so I would say that it's quite easy to convince them by using good chice of words and amazing communication skills and strategies.

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So, due to all these about the Fiats (Traditional currencies) with its power of influence lingering to distrust and all that, how can you convince someone who is of a total Zero knowledge to Bitcoin that the Bitcoin is an existing and legitimate currency when they can't feel it out touch it with their hands other that having it imaginarily in mind that it is a digital and technological currency known as the Cryptocurrency?
If these people make use of online banking services then they already understand that it is possible for currency to be quickly moved from one place then they can simply understand what bitcoin is, the only difference being that it is not controlled by the government. They may question the legitimacy and reputation of bitcoins because the creator is unknown and also because the government has a different opinion on it.

Tell them about the history of bitcoins and how long it has lasted regardless of all the negative events against it, tell them why it will not be possible for the government to shut it down. If they still do not believe because they are just proving difficult, do not stress yourself on them.
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Offline Dr.Bitcoin_Strange

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Convincing someone that Bitcoin of a digital currency is real isn't that easy because we cannot avoid them from thinking that it's fake or a scam. But to answer  it's pretty easy to convince them by stating facts and providing informations that can give them assurance so I would say that it's quite easy to convince them by using good chice of words and amazing communication skills and strategies.

But do we really need to convince anyone about Bitcoin? Just tell someone about Bitcoin, give them some educational content to read or video to watch and learn from, and then allow them to feel convinced on their own about Bitcoin. Anyone who is interested in blockchain technology doesn't really need to be convinced about Bitcoin; rather, they would want someone who can properly educate them about it because they already have an interest. But if you talk to a skeptical person about Bitcoin, he or she will not believe you until they decide to. 

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Honestly, I have a friend ask me about crypto. He said that it's a scam for a reason that it's a just a investment of money with no use and they can run if they want. Then, I will not argue with him in their statement since I knew already that he don't have enough knowledge in crypto that's why he spoke like that. Instead, I just explain to him that crypto is not like in the forex that you only have to trade, crypto is different, they focus on the project not on it's currency and I explain it's security.

Offline Sevi

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Well, I do think that convincing wouldn't be too hard because a person can be convinced by themselves. And it's right to just post some relevant articles or videos about how bitcoin works so people can rely on it and decide whether they try or not.

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You should not try to convince anyone when explaining that Bitcoin is a digital currency. They will learn it eventually. Even I had a hard time explaining to my father that it is possible to make money online. I had to start earning and show them. But my father died before I could make more money to show off.

If someone argues that Bitcoin is not valuable, just let him go and you will see that a couple of years later he will come back to you and say hey, that was a mistake from me. Now, I know that Bitcoin is a digital currency.
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You should not try to convince anyone when explaining that Bitcoin is a digital currency. They will learn it eventually. Even I had a hard time explaining to my father that it is possible to make money online. I had to start earning and show them. But my father died before I could make more money to show off.
I really agree with you. Convincing someone to invest in crypto will actually put you in a bad situation. And this is quite a risk, not only for the person you trust but also especially for you. Are you sure that investment in crypto will generate profits instantly and quickly? because that's what novice investors hope for. They definitely won't wait and will continue to ask about what will happen to their assets, whether they have gone up or not and so on. And this is very troublesome because they will also embarrass us. This is based on experience and is quite difficult to avoid.

 

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