Post
Topic
Board Bitcoin Discussion
Re: What Would You Tell a Friend Who's New to Bitcoin?
by
dezoel
on 15/01/2025, 05:26:21 UTC
When a friend asks you about bitcoin, what's the first thing you tell them? Do you focus on the tech behind it, the investment potential, or its role in financial freedom?

Let's share our best advice and insights for introducing bitcoin to newcomers and how we can help them navigate the complexities of crypto and understand why it's worth their attention.
I focus more on its investment potential when someone asks me like that, although after that I will also explain about the technology behind Bitcoin so that the person asking can have a more complex understanding of Bitcoin. Because when the person asking has been able to understand these two things, he will also have thoughts towards financial freedom that can be obtained through Bitcoin itself. But on the one hand, I also look at the condition of the person who asked first, because there are people who prefer to hear about its history first before about the technology and investment potential in Bitcoin itself.
Yes, bitcoin (and blockchain because of it) is both technological and also an asset for investment as well. If you can understand the system and how it works, plus if you can understand how the investment generally worked so far and what are the expectations, then you know everything you need to do know about bitcoin. The difference is, I wouldn't get involved because if I risk something missing then it would not make any sense and it won't be that great at all. I get that it may not be great and all, but it will definitely be something bigger for all of us for sure if I miss something then they may do something wrong then they will have a right to ask me why I missed that part.

This is why I do not get involved and instead I just let it be. Everyone has google, if they want to know more about bitcoin then all they have to do is google about it and they could make a lot more money and they could earn enough and that won't be too little.