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I’ve tried a few approaches. The technical one about ring signatures and stealth address, and it’s hard to understand at first for most people
The simple one works better: Btc is an emoney, Xmr is like cash. Usually gets the point across.
What’s your go-to explanation? Curious what actually works for people here.
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KYC - Keep Your Coins
@StereoSwap Just say it's cool money. People don't understand technical stuff, but they're sure know how it felt having something cool. That's what carry the bitcoin price
@StereoSwap This is a bit tricky. I've experimented with my grandmother, and she simply tells me to "invest in things for her." There's a hurdle we need to clear, but the concept should be just as easy to grasp as how boomers have adopted AI. They can go straight to Google and get an AI answer, but I don't yet know what crypto answer will work.
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Thanks,
Malarkey
I just say it's private electronic cash, how it's cheap to use, quick and has zero restrictions when sending.
If they ask to explain I quickly go through the 3 technologies that define Monero and its privacy.
If they ask for more, the third time, is when I actually break down digital scarcity and the concept behind cryptocurrencies.
This reverse approach I found works best because you can't really tell how much one would care about this topic, so I just give the basic shit first, and if they seem interested and keep asking, I go deeper.
