Post
Topic
Board Bitcoin Discussion
How fast Bitcoin is spreading. [UPDATE]
by
edrich
on 23/11/2017, 18:55:44 UTC
So today one of my teachers came to me after school. She and some of her colleagues talked about ways that they can invest their money and save up (as teachers in South-Africa aren't really paid well) one of them then mentioned Bitcoins and how Cryptocurrencies are showing very high growth. Then some or other teacher mentioned that I have some knowledge about Bitcoin (still have no idea how they knew that) But anyway long story short- Tomorrow I am doing a presentation for all my school's staff +/- 50 people about Cryptocurrencies, and then possibly to the whole school.
Yeah, just some short story I thought I would share, about a practical example of how Bitcoin is reaching the masses.
UPDATE: Thanks again for all the advice and motivation guys. The presentation went well, and in my opinion was a HUGE success. Although most of the staff had trouble understanding some of the technical aspects of bitcoin, they sure all understood when I showed them a graph of Bitcoins past growth  Grin I helped 6 teachers, including our Headmaster setup accounts on Luno (a local bitcoin exchange) and showed them how to buy Bitcoin from there, and gave two old Antminer U3's for our computer teacher (who was really fascinated with the blockchain and how it worked) to play with. The staff really seemed impressed with what opportunities bitcoin could bring to the table, and I spent nearly an hour after the talk answering questions and explaining some concepts. Of course I also mentioned some of the risks, like when I sent 0.4 Bitcoin instead of 0.4 Bitcoin Cash to Shapeshift and lost it all *facepalm*, the high transaction fees, and the fact that we can all wake up tomorrow to see our bitcoins worth trash(Highly doubt that would ever happen though) but in general, the response was really positive. NOW if of those 56 staff members, only 10 of them each tells 10 of their friends about bitcoin, we can get a snowball effect going in this area  Grin
Really excited for the way forward!!