Post
Topic
Board Bitcoin Discussion
Re: How do you explain Bitcoin or crypto to complete newcomer
by
dancingnancy
on 20/11/2017, 17:43:37 UTC
So I've been involved in Bitcoin and crypto for about 5 months now and just about everyone I tell about it being friends and family most have never heard of it or the few that have they have no understanding of it so I was just curious into how others explain it all to total newcomers is their a webpage or video you may show for an easy understanding to explain it all ? Whenever I give my explanation it seems to go way over their head  Roll Eyes Cheers
Explain it in terms of an investment. It's like an intangible asset that Appreciates in value but since it's market share is quite less it's value keeps fluctuating. It's interest rate is high compared tto other investments but the risk is high as well.