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Topic: Bitcoin is too complex for the average person - page 2. (Read 6214 times)

sr. member
Activity: 392
Merit: 250
My grandma just asked me to set aside a week so that I can train her how to sign in to websites (the username and password boxes). She's been trying for weeks to figure it out. She is financially successful, has travelled from country to country and so on, but the supposed complexity of this is just terrorizing her to the core.
zvs
legendary
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
Anyone ever got the feeling that Bitcoin is too complex for the average person? The average person wants things as simple as possible, so when the word, Blockchain, Decentralization, etc, come into play, I feel that makes it too complicated for the average person to understand or even care.

yah, that's why I sold all mine at $8

why sold all ?
i bought potcoin and when it price doubled i sell more than half  but not all, essentially i own free potcoin. why sell all ?

for the same reason I sold all my Xcelera (XLA), I guess
legendary
Activity: 1456
Merit: 1000
I agree, even the exchange can't make sure their coins is safe from the hackers, coins security will be one of the biggest problem in Bitcoin development.

i assume that next we have bank style bitcoin
legendary
Activity: 1456
Merit: 1000
Anyone ever got the feeling that Bitcoin is too complex for the average person? The average person wants things as simple as possible, so when the word, Blockchain, Decentralization, etc, come into play, I feel that makes it too complicated for the average person to understand or even care.

yah, that's why I sold all mine at $8

why sold all ?
i bought potcoin and when it price doubled i sell more than half  but not all, essentially i own free potcoin. why sell all ?
zvs
legendary
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
Anyone ever got the feeling that Bitcoin is too complex for the average person? The average person wants things as simple as possible, so when the word, Blockchain, Decentralization, etc, come into play, I feel that makes it too complicated for the average person to understand or even care.

yah, that's why I sold all mine at $8
legendary
Activity: 896
Merit: 1000
I agree, even the exchange can't make sure their coins is safe from the hackers, coins security will be one of the biggest problem in Bitcoin development.
legendary
Activity: 1456
Merit: 1000
Quote
Bitcoin is too complex for the average person
What? average person does not need to know anything about it besides that he can pay with it

this is how average ppl end up losing bitcoin... they need to know how to backup ther wallet at least

Which could be as simple as "backing up" your CC.

Credit Card ?

how ? if I lost my CC, or i lost my pin,  i just call my bank and request another one.  what happen if i lost my bitcoin pin or wallet ? call bitcoin foundation ?
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
The only thing I don't understand about it is the price . Its 260 now, and in 10 minutes it got pumped up to here.
Hpw in the world does this happen ?
Same way it will rise to 2600 later, and 26,000 some time after that, and so on.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
the average person is what drives the world.  Bitcoiners are idiots for making a niche target that only works for and is understood by 0.001% of the world.  Until Bitcoin changes its language and gets some easy to use apps, it will continue to be a laggard.
hero member
Activity: 504
Merit: 500
The only thing I don't understand about it is the price . Its 260 now, and in 10 minutes it got pumped up to here.
Hpw in the world does this happen ?

The Wall Street Journal article that just popped up, maybe?


BIT Poised to Become Publicly Traded Bitcoin Fund
Fund has been racing against rival offering from Cameron and Tyler Winklevoss

http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094
full member
Activity: 238
Merit: 100
www.secondstrade.com - 190% return Binary option
The only thing I don't understand about it is the price . Its 260 now, and in 10 minutes it got pumped up to here.
Hpw in the world does this happen ?
hero member
Activity: 910
Merit: 1000
It is too complex for the average person. And beyond much cultural understanding too... if people still don't use banks in some lesser-developed countries because they don't trust them (literally) then they sure aren't going to trust their money to an app on their phone.
legendary
Activity: 2044
Merit: 1008
Try Getgems, made with the main goal of being simple to use.
legendary
Activity: 1022
Merit: 1000
I think this may be true, though all you need is a smartphone, and I think they can handle that.

A bigger danger is things like "every address and its corresponding private key is on the internet" that will scare the crap out of the average person and make them think their money is not safe or will not be safe in the future.
full member
Activity: 126
Merit: 100
Quote
Bitcoin is too complex for the average person
What? average person does not need to know anything about it besides that he can pay with it

this is how average ppl end up losing bitcoin... they need to know how to backup ther wallet at least

the main causes to wallet problem are:
1) many ppl lost/forgot theyr password: are no longer able to login or they lost password after wallet encryption.
2) many ppl do not undertand well how to handle wallet.dat file.
sr. member
Activity: 252
Merit: 250
Quote
Bitcoin is too complex for the average person
What? average person does not need to know anything about it besides that he can pay with it

this is how average ppl end up losing bitcoin... they need to know how to backup ther wallet at least

Which could be as simple as "backing up" your CC.
legendary
Activity: 1456
Merit: 1000
Quote
Bitcoin is too complex for the average person
What? average person does not need to know anything about it besides that he can pay with it

this is how average ppl end up losing bitcoin... they need to know how to backup ther wallet at least
member
Activity: 84
Merit: 10
Quote
Bitcoin is too complex for the average person
What? average person does not need to know anything about it besides that he can pay with it
full member
Activity: 210
Merit: 100
you have to adapt,times are changing.
newbie
Activity: 19
Merit: 0
Yes, I have feeling this.

It's not much easy for new users. I think it will take me a very long time to learn about BitCoin
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