Quote from: Cryptogamee on May 28, 2019, 12:13:44 PM

Quote from: ryap12 on May 28, 2019, 12:04:26 PM

Quote from: Cryptogamee on May 28, 2019, 11:39:22 AM

Hi, I'm not new to bitcoin & blockchain and I'm a full time trader with quite a little knowledge on tech background. I do trade cryptocurrency coins and studied a lot on blockchain technology. But I have a question, I always stumbled across this in my mind when people ask me why blockchain is the future, why should you care and buy? Anybody can give me some tips and answer for this?

Would appreciate it.

Tell them it's the new bank where you control your own funds. Tell them the blockchain technology records all transactions and can be viewed by anyone across the globe as long as they have internet access. Tell them that with the blockchain technology, a lot of new things can happen and it's trending and it is the future money. A few simple words. They don't understand the entire thing but give them the simplest form of explanation.

Yes, Hoping for this answer! But can you explain to me why blockchain will be the future and how will it change the world. Why people think that the funds will flow into blockchain.

If someone is really interested to find out and know, you can just take a piece of paper and a pen and make a diagram of how blockchain works, how transactions are recorded, and where do money goes and stop and so on and so forth. I think only children will need this kind of explanations because someone of a right age and with enough understanding will not find it hard to understand even if you just define it to them and use examples. Besides, sources of informations about it are everywhere in the internet, newspapers, social medias etc.