Post
Topic
Board Bitcoin Discussion
Re: What is the easiest way to explain bitcoin to a regular person?
by
CODE200
on 06/03/2023, 00:49:22 UTC
There is no easiest way to explain Bitcoin to any person other than telling the truth and the importance of Bitcoin. They'll never appreciate the value and role of Bitcoin to them if they won't clearly understand it that is why we shouldn't hurry to teach them but rather do it step by step until we reach the goal. Because Bitcoin is not just a few words or a simple discussion but indeed, it was a long discussion which means that it takes time for the listeners to catch up. especially when we are mentioning some technical terms.

There is always an easier way to explain Bitcoin but the problem is the understanding of the target person.  The easiest way is to say that Bitcoin is like money, it can be transferred, can be bought, can be gift, and can be used to buy merchandise.  Anything that is beyond introducing Bitcoin as money will complicate things.  So if anyone wants to explain Bitcoin in a simple term, just tell them Bitcoin function like currency that is why it is called cryptocurrency.
Bitcoin is not like money it is money. I think the best term to use would be currency instead of money but it works different to other currencies that people are used to and if you tell them it works like it they will expect it to be the same and when they convert it could make them leave because they are not used to the interface or complex terms used by the Bitcoin community. I recommend breaking it down for them and explaining the differences not just saying it is similar to the dollar.

I think we all need to realize that bitcoin is not entirely means money but a thing we called cryptocurrency. We can identify the idea of money and not entirely means bitcoin because I think the term money is entirely general term. But I do realize your idea that bitcoin can be called as money. We can also go to the idea of using it just like as we use money but more on online and through technology. Bitcoin nowadays are somehow common to many people just how the pandemic affects it. We can explain it to the others with the idea of how we use money but pure in technology and online. And yes, we can bought it and store it because of the idea of its being unstable or changing price. Bitcoin is evolving and advancing, who knows what might be capable in the future.