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Topic: Bitcoin is difficult to understand - page 5. (Read 778 times)

member
Activity: 126
Merit: 11
January 30, 2025, 02:36:34 AM
#13
It is very difficult to access except for professional developers and majors. Cry Cry Cry
If you do not want to go for the technical parts but you just want to be able to know about wallets, exchanges, security and privacy, everything that you need to know about bitcoin is very simple. Even without buying or holding bitcoin, learning about security and privacy is important in people's life for scam to be avoided.

True to that.
Nothing wrong with not knowing something, it's only a shame if you don't want to know more of said something.
 Wink
sr. member
Activity: 311
Merit: 236
January 30, 2025, 02:28:42 AM
#12
Absolutely wrong.
When it comes to what BTC is and using BTC, it is easy to understand.
Now if you are talking about understanding the mechanics of how it works, yes, that does take some technical knowledge. That applies to just about everything in life so, your point is?...

Actually I don't blame him for saying that bitcoin is very difficult to access reason is because he's still a newbie, probably he have not yet figured out what bitcoin investment is all about. of course your first time of being into something everything is going to look unfamiliar in your view and it will be very difficult to access it, which is why learning is very important.

If you take your time to learn about bitcoin you will find out that bitcoin is not actually difficult to understand. Moreover, you can't just jump into conclusion when you Haven't make an attempt to learn.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
January 30, 2025, 01:59:47 AM
#11
It is very difficult to access except for professional developers and majors. Cry Cry Cry
If you do not want to go for the technical parts but you just want to be able to know about wallets, exchanges, security and privacy, everything that you need to know about bitcoin is very simple. Even without buying or holding bitcoin, learning about security and privacy is important in people's life for scam to be avoided.
?
Activity: -
Merit: -
January 30, 2025, 01:29:37 AM
#10
It is very difficult to access except for professional developers and majors. Cry Cry Cry

Bitcoin would never and ever be difficult.
Just have good intentions of learning and aim of understanding bitcoin.
 Go through this:
Some things you need to know about bitcoin
https://bitcoin.org/en/you-need-to-know
FAQ that usually help newbies

https://en.bitcoin.it/wiki/Help:FAQ
?
Activity: -
Merit: -
January 30, 2025, 12:25:59 AM
#9
Bitcoin has a learning curve but it's not just for developers or finance professionals. There are user friendly platforms where anyone can buy and manage bitcoin without technical skills. If you're curious, you can start small and learn as you go. The key is to take it step by step
hero member
Activity: 2632
Merit: 833
January 29, 2025, 11:40:15 PM
#8
It is very difficult to access except for professional developers and majors. Cry Cry Cry

What are the things that you have difficulty in understand though? I'm just curious because if you have that thought then maybe the majority of us are not here. So just take it slow and maybe read some books about Bitcoin. Or better yet, just go around in this community, for sure there are tons of information here as most of us started just like you with no idea at all but then we gravitate towards Bitcoin and learn a lot of things along the way.

So don't be just so negative in the beginning and says that it's for professional developers. Maybe you are referring to the developers of Bitcoin or those who are maintaining it right now. Or maybe professional traders who does it for a living.
hero member
Activity: 3136
Merit: 538
Leading Crypto Sports Betting & Casino Platform
January 29, 2025, 11:03:46 PM
#7
it's pretty easy to undestand bitcoin in my opinion i usually explain bitcoin as borderless currency backed by computational power, don't want to go deeper because the other party might not care enough, at least they should know the basic.

It is very difficult to access except for professional developers and majors. Cry Cry Cry
if we are talking about access, pretty much almost all of people can have access to bitcoin easy, buying bitcoin is just few click away in your phone, even ETF is there, there's no stopping people from getting access to bitcoin whether for investment or some other thing.
I don't really think it's as difficult as you pictured, almost all gen Z know right off the bat how to use bitcoin or access it.
sr. member
Activity: 2632
Merit: 259
January 29, 2025, 10:15:08 PM
#6
It is very difficult to access except for professional developers and majors. Cry Cry Cry
If it is information you wish to access, it is not difficult because everything is available in the internet and for free. If you just continue to read around this forum alone, you will have a better understanding of bitcoin. I am not saying that understanding bitcoin is as easy as a walk at the park but if you are curious enough and you have enough determination to really understand bitcoin then you can do it. Anyone can do it. The basic concept of bitcoin is just alternative currency that is digital. Obviously there is more to that but like I said, a lot of resources are already on the internet and all you need to do is find them and read them diligently.
hero member
Activity: 1008
Merit: 960
January 29, 2025, 09:46:08 PM
#5
It is very difficult to access except for professional developers and majors. Cry Cry Cry

The Bitcoin white paper is probably one of the easiest to read and understand in academia.

The concepts explained there can be grasped by the general population.

If you want to read the original problem that Bitcoin solved, read The Byzantine Generals Problem, a paper from 1982 stating the problem:

Reliable computer systems must handle malfunctioning components that give conflicting information
to different parts of the system. This situation can be expressed abstractly in terms of a group of
generals of the Byzantine army camped with their troops around an enemy city. Communicatingonly
by messenger, the generals must agree upon a common battle plan. However, one or more of them
may be traitors who will try to confuse the others. The problem is to find an algorithm to ensure that
the loyal generals will reach agreement. It is shown that, using only oral messages, this problem is
solvable if and only if more than two-thirds of the generals are loyal; so a single traitor can confound
two loyal generals. With unforgeable written messages, the problem is solvable for any number of
generals and possible traitors
. Applications of the solutions to reliable computer systems are then
discussed.

The "unforgeable written messages" bit is why you have to sign a transaction with your private key when broadcasting it to spend your coins.
hero member
Activity: 910
Merit: 680
January 29, 2025, 09:42:11 PM
#4
There's a big difference between "access" and "understand".

Bitcoin is very easy to access, as long as you have money, you can buy Bitcoin and now you can "access" Bitcoin.

While understanding about Bitcoin, I tend to agree it's difficult to understand. Just like in dunning kruger effect, the more you learn, the more you realize you don't know about that. Even myself, I don't completely understand mining and technical thing.

hero member
Activity: 1022
Merit: 806
I stand with Palestine.
January 29, 2025, 09:20:23 PM
#3
Absolutely wrong.
When it comes to what BTC is and using BTC, it is easy to understand.
Now if you are talking about understanding the mechanics of how it works, yes, that does take some technical knowledge. That applies to just about everything in life so, your point is?...
You are saying right that using Bitcoin is easy but understanding how it works is harder and needs special knowledge. That is good point. Many people can use Bitcoin without knowing all complicated details just like how people can drive cars without knowing how to fix them. Most people who use technology like smartphones computers or microwaves do not need to know how they work to use them. It is important to separate using Bitcoin in practical way from understanding complicated technology behind it.
legendary
Activity: 3892
Merit: 2797
Evil beware: We have waffles!
January 29, 2025, 09:08:43 PM
#2
Absolutely wrong.
When it comes to what BTC is and using BTC, it is easy to understand.
Now if you are talking about understanding the mechanics of how it works, yes, that does take some technical knowledge. That applies to just about everything in life so, your point is?...
?
Activity: -
Merit: -
January 29, 2025, 08:54:35 PM
#1
It is very difficult to access except for professional developers and majors. Cry Cry Cry
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