Post
Topic
Board Bitcoin Discussion
Re: Educating unemployed friends about Bitcoin
by
eightdots
on 01/06/2023, 19:48:15 UTC
First of all I am the only person in my area who has a basic understanding of Bitcoin. That is, in the region where I live, no one but me knows about Bitcoin.

The maximum number of friends I hang out with are unemployed. They are not uneducated they are all well educated in their respective positions but due to lack of adequate facilities they are unable to find any employment. When we walk together I talk to them about Bitcoin but they tell me that they have only heard about Bitcoin on various social media and they think that if anyone is involved in Bitcoin, the administration of our country will arrest them. Because it is through this kind of news that they are aware of Bitcoin. But when I tell them that I have a rough understanding of Bitcoin. Then they don't want to believe me when I tell them all about bitcoin they believe me. And I assure them if we all get involved in Bitcoin maybe our unemployment will go away. Because there are enough ways to earn money with Bitcoin.  

Out of all my friends two of my friends have some savings and when I told them about the investment they became very interested in investing but I didn't tell them only the positive aspects of the investment I told them the negative aspects. And I know the rest of my friends would also be interested in learning about Bitcoin but I just don't know how to start teaching them about it. Because bitcoin crypto currency is completely illegal in my country. So how can I help my friends in this regard?  

Hope you guys can give me proper feedback on this and help me move forward in helping them.

You need to make sure that they understand the negative aspects, namely the risks, that you tell your friends about. While there are those who make a profit as a result of their investment, there are also those who make a loss. But first of all you have a big problem and that is that bitcoin is banned in your country. How do you plan to overcome this? I think it would be better to act within the framework of the law.

I don't know if you have the opportunity to start a study to change this decision taken by your country. You can overcome this problem only by convincing them. Otherwise, investing illegally brings with it different risks.

I think you can show them many sources where they can get information about bitcoin and then you should leave the decision to your friends.