You guys are aware that I've been talking about crypto with two brothers who own several convenience stores in my city. The younger one is the one I see the most, and he's the one that reported they'd allowed a crypto ATM to be installed after I'd been slowly talking up the blockchain with them for awhile. Nothing pushy, just casual mentions of my journey from blogger to token HODLer.
Now, the way things used to go is that I'd walk in and gently broach the subject with him concerning current events in the world of crypto. What's changed lately however, is that he now prompts conversations with me and is even keeping an eye out on the latest price swings.
The important thing to realize is that these guys are complete novices to anything cryptocurrency. All that they've learned has been as a result of me very gently dropping mentions here and there over time. Some may just want me to unload everything on them all at once, but remember I've shared that I live in a crypto desert, and nobody has wanted to hear any of this. So everything in good time. Slow and steady wins the race.
Reeling them in slowly...
Since they're the Joe-Six-Pack type, the goal is to start with what they already know and then move on to Hive from there. They've heard of Bitcoin, so that is where I started. The plan is to discuss: Bitcoin>Litecoin>Hive/LEO. We're in stage two now, where I'm starting to share how I use Litecoin to move money around due to the fees which as we all know are much lower than using BTC itself.
The reasoning behind everything has to be explained step by step... I'm trying to get them to go online, but they prefer the human touch of talking to someone like me that they've known for years.
The point is not to hit them over the head with anything, and to speak in plain layman's terms at all times. No dry discussions of DeFi or wrapping this or that token will be on tap for these guys. These are people who had not even a remote possibility of an interest in crypto just a few short years ago. They've come a long way in such a short time.
Now they want to know which tokens I'm buying (and holding), and why. When they asked why I've not panicked during this crypto selloff, I get a chance to talk about cycles and how BTC affects altcoins, and how it's affected by forces suct as regulations, market manipulations, investor psychology, etc. They're learning that there's a lot going on on the blockchain.
Last weeks discussion revolved around explaining "Strong Hands" and I tend to let the subjects flow in a natural manner, with no pressure from me at all. That approach feels right, and has produced results I'd have never dreamed of in the recent past.
It's an interesting process, and they're already considering expanding the test ATM machine to their entire string of stores, considering they get paid each month by the owner just for sharing a little space. They’ve also been surprised at the reaction to the new machine, seeing that people are lining up to use it, and it’s increased foot traffic in their business. Once stage two is complete, the next thing on tap is Hive... :)
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People are definitely warming up but I think it's died down a bit with what happened to Terra. I do think they will be back when they see everything going on in crypto in the future though.
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Indeed. And while these guys aren't on that level (yet), I'm amazed at just how much they're willing to learn about crypto.
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Yeap the road is long ahead ..