Things I tried- Showed them the current value of BTC pegged to fiat, which did get thier attention for a while.
I never bring this up when introducing someone to Bitcoin, except they are traders.
This should not be the primary reason someone gets into Bitcoin, if it is, they would lose interest pretty quickly and cut their losses once the price drops a little or take their profits when it goes high, and that's it. For one to switch (a portion of) their fiat for Bitcoin, the focus should be geared towards the fundamentals of it and why it could solve the existing problems which the current financial system projects. If they do not see any problem in the current system, nor do they desire the freedom and privacy that Bitcoin offers, then there's very little you can do.
- See how often the price drops, this could be a bubble
- See Google tells crypto currency is used in black market to keep anonymity and make illegal trasactions
- See these types of currencies are used for the purpose of gambling to be in disguise
Suggested responses;
The price rises more than it drops overtime, so it can really not be called a bubble, also a characteristic of almost all investments and assets is volatility. They should do more research on what a bubble is.
Google search returns are not the best places to get in depth knowledge, you could refer them to educative articles, books, podcasts etc
I don't really understand this, privacy is not disguise, it's the freedom to spend money without being monitored.
Try explaining to them why these concerns are unfounded, this does not mean Bitcoin a perfect technology nor does it mean there are no downsides, so do not sell it as a magical currency that would solve all their financial hurdles, also do not project the advantages you perceive in Bitcoin on them, what you value may not matter to them.
Giving them useful resource with which to learn the basics, and possibly deeper as time goes, is the best strategy, this would help them discover what
BTC means to them and choose what they want to do with it, as there are so many facets to it.
I would suggest you never
force anyone to get into investment or take the burden of giving financial advice, you should only suggest options and let them do their research, it is more important when dealing with people you know personally, as you could be blamed if they get in and it goes south (maybe due to their personal mistakes)
P.S; Have you tried referring them to this forum?