RE: How do you explain crypto to your wife?

[alente]

Hi I think explaining Crypto is a little easier than explaining what a blockchain is.
I would call it an alternative currency that is not controlled by anyone especially the banks.
It is all digital so there is no physical footprint.
When I explained this to my wife. She did not like the idea of non physical. She said it was like it is imaginary. It is a hard sell if looked at this way.
I got around this by saying that it is good for buying things and should be treated like gold where you only buy what you can afford to lose.
I hope this helps.

Comments

[achim03]

Hi I think explaining Crypto is a little easier than explaining what a blockchain is.

This is a very good point. I could hardly explain the blockchain technology accurately if I wanted to. The way I know my wife, I need to be able to tell here only the minimum so that she gets interested and learns by herself. However if I don't manage I think she will give up quickly :-)

Thanks a lot for your comment!

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[ph1102]

When I explained this to my wife. She did not like the idea of non physical. She said it was like it is imaginary. It is a hard sell if looked at this way.

You go to the cinema, pay for the ticket and watch something "non physical" :)

Or, you pay your TV subscription, or mobile fees, etc... I bet that currently, more than 50-60% (or even much more) sold things are non-physical...

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