A good part of my time goes into explaining how cryptocurrencies work to friends and family who are interested. With this interest increasing as the bull in the market trusts its horns upwards. To truly make someone understand the workings of a cryptocurrency, I always start with the concept of blockchain technology and decentralization in general.
This is not always with immediate success, as most people cannot grasp what decentralization and blockchain really mean for cryptocurrencies and other services and possibilities that come with the technology.
"But who regulates it?" "Who do I go to when my crypto money gets stolen? Or even worse, 'hacked!" These are all questions that are thrown at me in clear confusion. This is understandable to some degree, as we have been brought up and dare I say brainwashed to think that we need a centralized entity to govern us, a middleman that takes all the risk and responsibility away from us, while being able to manipulate all related matters. We have been though that things like anarchy and self-governance are potentially or definitely evil, even in the smallest form. The concept of cryptocurrency is therefore a threat to society and its way of thinking and more so a threat to those that want us to maintain that way of thinking.
The first step to understanding cryptocurrency is understanding the power of decentralization. How blockchain ensures trust without verbally having to ensure trust. And that we don't need a glorified, usually corrupt, middleman to facilitate this. The sooner we come to this conclusion, the further our minds will be decentralized and the faster we can embrace this blockchain revolution before us.
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i have had a lot of people asking me questions about crypto lately and all I want to say is: "GO AWAY!" I don't like explaining thing but i have to these days.
In the process of doing this, i have seen how different my mindset is from a lot of people which is refreshing. the current system has infantilized a lot of people. crypto is a rude awakening
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Anyone who is really interested and I care about gets my help and guidance, but people I don't really like I just send them links. xD
A rude awakening for some. A lot are still asleep. In my country people are still going for get rich quick pyramid scheme WHILE calling crypto a scam. lol.
Oh he gives the link treatment, how nice
Lol there will be a lot of tears after the bull run. That i am certain of...
Lol, I don't think I have ever sent you a link. xD
Even if they cry after the bull run, if they don't buy during the next bear market, they haven't learned their lesson.
!ENGAGE 30
ENGAGEtoday.😀Thanks for the guidance bro. It’s great that there are people like you around who are knowledgeable enough to share in a way that a novice can understand. I chuckled a bit when I read the second half of the sentence.
Lol, I do what I can. But do not worry, I like all of you JAHMming people, so feel free to request advice whenever you need it. :)
!ENGAGE 25
What a Relief. 😂 For a few seconds there, I was kinda wondering which category we were in. Tried to recall if you sent me a link to anything in the past. Lol.
Yeah but jokes aside maybe making some 3speak videos lectures/ explanations wouldn’t be a bad idea.
Whenever I feel a bit more comfortable with streaming my face on video, or when I have the time to video edit, I might actually do that. I'm already a lecturer here (as a second parttime job), so that part shouldn't be a problem.
Cool. What subject do you teach bro?
Object Oriented Programming (Java programming language), Databases and also Arduino theory and practical. Those 3 are what I teach this year at a local University/Institute. A great way to gain some extra income.
That sounds interesting bro.
ENGAGEtokens.