Post
Topic
Board Bitcoin Discussion
Re: Explaining Bitcoin to a non-believer
by
empoweoqwj
on 27/06/2013, 09:16:39 UTC
I need some good arguments for bitcoin, or at least links to the best articles you know of.  My parents, as well as many other people I try to explain the whole system to are very skeptical and refer to it as my "fake" money. I try to tell them and show that you can buy most anything with it and that it has a true use in real-life; yet they qute Warren Buffet for saying he has no money in it, among other investors.

What do you say to someone who wont accept the facts of the system? They just shoot down the "mining" process and say nothing is backing bitcoin so you can easily loose all your money, etc.

Any help would be great, or at least a reference to another thread. Thanks!

You will never convince skeptics. They are emotionally invested in not accepting bitcoins. You are wasting your time.

There are plenty of people however that want or plan to use bitcoin but haven't done yet. Those are the people that need helping / answering questions.

What was that poll that just came out that said of the people that had heard of bitcoin (30% of Americans I believe), 10% planned to use it but only 0.6% had done to date. I've probably got the figures wrong but you can see that is a huge market - people want to use bitcoin but for whatever reason haven't done so to date. Concentrate on these guys.

Leave the dinosaurs (no offence) in Jurassic Park. Backward thinkers tend to 'come around' in the future very quietly when they think nobody is watching.

Of course Warren Buffet isn't invested yet. Its way too small for his portfolio  Grin