Today I had a coffee meet up with someone I have known for about 10 years via the business world. He is the only person who knows I am involved in crypto and he asks from time to time how it is going. The meet up today was on his request because he wants to get involved.
I have spoken to him before about Hive and he has shown some interest, but nothing serious and thought it must be the Bitcoin price that is making him anxious sitting this one out. He bought Ethereum around 3 years ago without my knowledge and then panicked an sold it at a loss. I told him when he told me his story that he should have asked first and in future pick up the phone and I will help wherever I can. At least we have learned the crypto cycle of when and when not to buy.
I showed him the real basics today and nothing that I thought would come across as too daunting and he was already lost within the first few minutes. When he asked is there any other options I knew he is not ready for Hive and maybe never will be.
I showed him my COTI Treasury staking and explained how it worked and he was sold immediately. The problem with Hive he could not understand it and it made no real sense, but COTI he understood immediately as this is pure staking and earning rewards.
I mentioned to him I will try and simplify Hive for him, but what I showed him was the pure basics and the thought of having to work at growing scared him. When I first joined Hive I was also apprehensive and only once you start to learn does that fear fade away. He is of a similar age to myself and I understand Hive is a mind bender and a bit out there to understand and you won't get it at your first grasp.
This friend of mine was about the 4th person I have tried getting to join Hive and I am still sitting on zero success rate. Even though I have said I would not try sell Hive anymore to people I know unless they are seriously ready and thought maybe he could be the first. I will try and have another crack at him next month once he has his COTI stake up and running which he plans to have by next week. Hive for people of my generation seems a step too far now and at some point I think they will get involved when the masses are involved in crypto.
Taking baby steps for now and once he sees the rewards being earned via an APR on the COTI Treasury it will change his mind about giving Hive another shot. All is not lost and if he is open to staking crypto then he will be open for learning Hive and just needs to see it for what it is.