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Explaining Digital Assets to Others Print

  • blockchaindigitalassets, blockchain, troubleshooting, billing, guide, howto, solution, zillionkinghost
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Communicating without hype or dismissal.

WHAT TO ESTABLISH ABOUT THE PERSON

What they have heard, and what they want.

WHAT THE COMMON MOTIVATIONS ARE

Hope of returns Curiosity A specific problem, such as international payment Concern after encountering a scheme

WHAT TO DO ABOUT EACH

  • Returns: explain the risk honestly
  • Curiosity: explain the technology
  • A problem: assess whether this actually solves it
  • A scheme: help them recognise it

WHAT TO AVOID

Promoting participation Dismissing the technology entirely Technical detail they did not ask for

WHAT TO ALWAYS INCLUDE

That transactions are irreversible That nobody can recover lost access That guaranteed returns are fraud

WHAT ANALOGY HELPS FOR KEYS

A key to a safe, where losing the key loses the contents permanently, and no locksmith exists.

WHAT TO EMPHASISE TO ANYONE CONSIDERING PARTICIPATION

Only what they can afford to lose entirely.

WHAT TO SAY ABOUT SCHEMES THEY ARE ALREADY IN

Plainly, what the structure is, without judgement of them.

WHY WITHOUT JUDGEMENT

Shame prevents people acting on what they learn.

WHAT TO ENCOURAGE

Withdrawing what they can, and telling others.


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