Post
Topic
Board Beginners & Help
Re: How do you describe bitcoin to a newbie?
by
alastantiger
on 01/04/2023, 16:15:43 UTC
Good day everyone

I've been having challenges trying to understand the concepts of bitcoin.
When the terms bitcoin and blockchain are mentioned,a number of terminologies are been
Displayed and can be quite confusing.The blockchain and  bitcoin has always been challenging as I'm
Learning for the first time.It will take a long time and effort to understand the notion of cryptocurrency.
Can somebody assist me in anyway?
Explaining bitcoin to a newbie depends on the understanding and the willingness of the person.
Before you explain bitcoin to a newbie, he has to first understand the important of digital technology and it's usefulness because someone who don't understand these two will find it hard to comprehend bitcoin.
Bitcoin is an investment platform where you alone has access to your wallet without interferance.
Every newbie should understand the slow progress and the time duration in bitcoin if he must make it big.
Some newbies who are not well informed might lost it all due to lack of patients and maybe invested all they have that they cant wait for a longer period.