The first step in every crypto education is explaining what Bitcoin is.
Organizing and participating in many different crypto educations, I've learned that educators make a crucial mistake.
The mistake is OVEREXPLAINING.
What do I mean by that?
Today most people involved in crypto, that are willing to educate other people, are mostly tech guys. And you can see they are not trained to explain stuff to others. Besides being a good speaker, a good teacher should find the right method to explain something, and it should find the right amount of knowledge that the audience can absorb.
But not only the amount of knowledge, but the quality of that knowledge is even more important.
When teaching about crypto, the audience is pretty heterogeneous. The teacher should find topics and ways to explain them, that suits the audience.
Many crypto educators feel the need to show their knowledge. They fear that we will point fingers at them if they miss an "important" topic. But the goal is to motivate people to learn about crypto. Once people are interested, they will ask the right questions and seek mentorship.
A person, that introduces other people to crypto, did more for the crypto community than all the traders combined.
When educating others, try to remember everything that you hated about your high school. How much informations you had to learn for the exam was not important. Don't be your hated high school teacher! Find a better way to teach others. There is no exam in crypto to pass. Goals are what matters. If someone showed up to your education and he's here only to invest and hopefully make money (that's his goal), showing him how he can achieve that goal. Nothing more, nothing less. Let him ask the right questions.
After all that said, I wanted to share with you what I talk about in my educations. So here are some important topics that should be said:
- Be your own bank
- Digital ownership, double spending
- Trustless, Borderless transactions
- A distributed ledger, Unhackable
- Max supply
- Satoshi Nakamoto
- BTC creation - Mining
I start every education with:
- Explaining the problem we face today. Banks, printing, inflation, 1971 fiat.
- Then I mention gold and compare the current system to the gold standard.
- Just now, I start talking about the solution to the problem: Bitcoin, Gold 2.0, first digital ownership, double-spending.
- Compare Bitcoin to gold. Trustless and borderless transactions.
- The next topic is scarcity and max supply.
- I finish with a comparison table of BTC, gold, and fiat.
The presentation does not last longer than 20min.
The crucial part is to make them understand why Bitcoin is a game-changer. Take some time to explain further the topics. If you can, use a "third-party authority" to confirm what you said. Usually, that's a friend that shares the same views, love, and knowledge about crypto, or any other crypto expert.
Let people ask the right questions, and be prepared for the usual ones:
- Who controls Bitcoin?
- How Bitcoin is created?
- Who created Bitcoin?
And here I have prepared another presentation designed to answer those 3 questions with topics like Satoshi Nakamoto. Who he is, when he did it, maybe even a story about him. Then you explain in a very simple way what is mining, and show a pic or a video of a miner and a mining farm. It's also very important to show that the code is transparent and open source.
And then there is always the hacking question. I always show them a video of what it takes to hack or guess the right hash. I don't explain the concept of private keys yet.
That's the point where I stop adding information.
I do a fast recap of everything we learned, and I leave it that way.
There will always be a few people that would be interested to hear and learn more about it or even to buy it right away. At this point is your judgment if you want to proceed into practical knowledge of creating a wallet, buying, holding, trading, and basic opsec.
I usually let people think about it and wait for them to ask for more info.
If the room is full of bright people I proceed to the techy part of crypto. If I see that only the small part can absorb more information, I set up another education in a few days.
I can't stop bragging about the importance of the 5 levels program.
- Level 1 - Explaining the problem, and the solution.
- Level 2 - Wallet creation and practical knowledge.
- Level 3 - Altcoins
- Level 4 - Trading
- Level 5 - A never-ending level. Sharing knowledge about news and new projects in the crypto space. Once a week.
- Optional level - Mining
Remember! When sharing any kind of knowledge, a good teacher will choose the right amount of information and choose only the most important information that can spark interest in the student. Motivating a student is the highest level of achievement for a teacher.
For now, I'm doing free "face to face" educations using PowerPoint and talking about it. Lately, I do it only 1 on 1 because the coronavirus doesn't let me do it in front of a wider audience. Still, I'm highly motivated.
As you can see, in the end, I didn't use the same principles of concise information. That's because you are an advanced audience that can visualize themselves to teaching others. Every topic I mentioned above, for you, is just a keyword and a guideline.
Maybe I will write down my first "step by step learning method" and share it here with you. Let me know if you're interested.
Thank you Satoshi!