Topic: BitCoin Is Too Complicated for Average People! - page 10. (Read 4447 times)
Bitcoin is responsible for those who are new to it. It does not study too systematically and can only explore itself. It can be said that investing in bitcoin is looking for experience from failure and growing up from experience.
Bitcoin is really absurd for someone who has never heard of bitcoin before, and most people generally consider it a virtual digital currency and seldom find the technology it contains. However, as long as you study hard, bitcoin does not have to be complicated. You can start from visiting the forum, participate in some bounty activities, and gradually improve their knowledge level.
yes i think it is too much complicated for average people because you have to knowledge about how to work on internet average people are interested in bitcoin but it is take lot of time to used to it they should learn some knowledge that will save time.
I think many consider bitcoin or crypto currency very Complicated when first hear it, but if they want to learn and follow the process, maybe they will understand, because I think to know it all takes time and learning.
actually, what they need is only learn for a little and spend their time to study what is cryptocurrency or bitcoin and I think if they only know about how to buy, how to receive and send the coins, it is enough for them. but if they want to dig more information about cryptocurrency, they can also make a money from cryptocurrency. most people will fear about the word "investment" because they have a bad experience in their past but something that they should know that the real investment never lied to them and will give a profit in the end of the contract. but they need to search what kind of investment that will give them like that and cryptocurrency trying to give this opportunity to them.
Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
This is very complicated to a non internet user who only live using tv and cellphone but not on a user who always watch youtube and using social media. If a people is eager to learn there will be so many ways. There are so many tutorials videos in youtube on how bitcoin works and how to make bitcoin. If you want to avoid high fees in buying or selling bitcoin you need to find people and make a transaction face to face.
You have the best idea, most of the best knowledge we earn is through internet by searching on google or search engines or any social medias, without the internet, cryptocurrency will never exist and we will all be having a hard time to learn about mining or any stuff that is connected to cryptocurrency.
but mostly do is to have the right understanding about bitcoin and basic learning is a way for you to understand it well everything are not may got for in a short period of time it may take time and take this seriously.
Even it is complicated a lot of newbie investors have invested in it without knowing what kind of technology it is and those people are fueled by greed. Bitcoin's technology is what of the best technology that has been created in my own opinion, the blockchain technology has a lot of use, not only for crypto currencies and monetary use.
This technology might be complicated to other people and if you have knowledge about blockchain its an advantage because you'll trust the technology and not the FUD that the media's are spreading.
I think many consider bitcoin or crypto currency very Complicated when first hear it, but if they want to learn and follow the process, maybe they will understand, because I think to know it all takes time and learning.
This is very complicated to an average person, but in some applications tutorials are being provided to even make it easier to use, its a user friendly technology. But to those who don't really have the idea about computer and technology they don't really understand the whole situation. But the willingness and the eagerness of the person on everything will make him find some ways in order to learn and understand. But in the end time will come that you fully understand and try to appreciate what is it really you can say that its just easy and its not complicated at all.
For me based on my experience, it is not that complicated. But I really put time and effort to learn more about it. It's not gonna be that easy epsecially for first timers but then if you are eager to learn and really want to know and excel on something that you will equip yourself to be able to use it and maximize its portential for your life. I am not a techy person but I did it. 
Complicated or not, Bitcoin can still get sent to people that have a wallet address. If they ask for Bitcoin then they might get it sent to them.
Yes i strongly with your opinion that bitcoin is very complicated for average people and for those who have not able for computer work and less educated people. the bitcoin is totally dependent on internet and without internet it is not accessible from the worldwide.
Bitcoin is too complected for the average people because they have not much time to spent on bitcoin and if you are commited to bitcoin then for earning of bitcoin you must have the knowledge and skills regarded computer if you are computer literate then you will be good in the market.
Bitcoin is too complected for the average people because they have not much time to spent on bitcoin and if you are commited to bitcoin then for earning of bitcoin you must have the knowledge and skills regarded computer if you are computer literate then you will be good in the market.
Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
This is very complicated to a non internet user who only live using tv and cellphone but not on a user who always watch youtube and using social media. If a people is eager to learn there will be so many ways. There are so many tutorials videos in youtube on how bitcoin works and how to make bitcoin. If you want to avoid high fees in buying or selling bitcoin you need to find people and make a transaction face to face.
You have the best idea, most of the best knowledge we earn is through internet by searching on google or search engines or any social medias, without the internet, cryptocurrency will never exist and we will all be having a hard time to learn about mining or any stuff that is connected to cryptocurrency.
but mostly do is to have the right understanding about bitcoin and basic learning is a way for you to understand it well everything are not may got for in a short period of time it may take time and take this seriously.
For me based on my experience, it is not that complicated. But I really put time and effort to learn more about it. It's not gonna be that easy epsecially for first timers but then if you are eager to learn and really want to know and excel on something that you will equip yourself to be able to use it and maximize its portential for your life. I am not a techy person but I did it.
Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
This is very complicated to a non internet user who only live using tv and cellphone but not on a user who always watch youtube and using social media. If a people is eager to learn there will be so many ways. There are so many tutorials videos in youtube on how bitcoin works and how to make bitcoin. If you want to avoid high fees in buying or selling bitcoin you need to find people and make a transaction face to face.
You have the best idea, most of the best knowledge we earn is through internet by searching on google or search engines or any social medias, without the internet, cryptocurrency will never exist and we will all be having a hard time to learn about mining or any stuff that is connected to cryptocurrency.
I strongly disagree to say that bitcoin is too complicated. There are many services that make it easy to buy and use Bitcoin. Signing up with Coinbase or Gemini is no more difficult than getting accounts elsewhere, and linking bank accounts to them is no different than setting up automatic payments for things like mortgage bills.
Yes it is.it very complicated to average people.Even Not average people is complicated also because i've introduced her about bitcoin and explain everything she is in the government employee with the high rank,she did not understand at all.Or maybe she has no interest in bitcoin.
It is very clear that your interest matters a lot. If you are not interested in something or are not willing to understand it, no matter how simple and easy it is, you would not be getting it. Even if the concept is really very complicated and you are unable to understand it in the first attempt, your keen interest motivates you for working hard to get the basic concept. This lady is already doing a good job so I don’t think so she has taken any keen interest in it.
Agree with the OP, it is hard to start purchasing alt currencies not just bitcoin, the wallets are to new starter off putting at best and confusing at worst.
If you lose your passphrase your F**cked, why is there no reset pass?, not really thought about it, but yes OP is correct No official Bitcoin site was a easy play for the scammers to swoop on.
If a Alt currency wasn't to get mass adoption, make it easy for the masses to adopt, Ripple is overly complicated to purchase, could easily have just had a button fund wallet, add the required 30 XRP to fund the wallet, instead there is some link to dodgy arse looking site in Romania, upload your ID, F**k that.
Fees fees every time you blink someone is taking a slice of your investment.
Mass adoption would increase the value exponentially, which is surely a good thing.
If you lose your passphrase your F**cked, why is there no reset pass?, not really thought about it, but yes OP is correct No official Bitcoin site was a easy play for the scammers to swoop on.
If a Alt currency wasn't to get mass adoption, make it easy for the masses to adopt, Ripple is overly complicated to purchase, could easily have just had a button fund wallet, add the required 30 XRP to fund the wallet, instead there is some link to dodgy arse looking site in Romania, upload your ID, F**k that.
Fees fees every time you blink someone is taking a slice of your investment.
Mass adoption would increase the value exponentially, which is surely a good thing.
I think this will depend on how deep you want to go in to it.. of course you need some basic knowledge but the deeper you go in it the more complicated it gets.
maybe they feel too complicated because they think that they need to understand and need to learn about blockchain and how to make the transaction and how much about the fee. this is normal because if they want to learn more about bitcoin, I am sure that in the end, they don't feel that bitcoin is too complicated to them and I am sure that they will learn more because they are interesting with bitcoin. maybe they will get difficult for the first time and as long as we can explaining to them, they will not feel like that anymore.
It would be too complicated for a regular people if you tell them how
it works. Tell them that bitcoin is a currency and you can
use it to buy stuffs over the internet. It's that simple.
I remebered how I introduced bitcoin to my parents. the thing is, they were wondering from where did we get our funds from, and i said, from doing jobs in bitcoin forum. They asked more questions regarding this and I really did not know how to explain it in simple terms. I just said that bitcoin is a kind of currency in the digital aspect. in the physical world, we use paper fiat for payment, in the digital world, we use bitcoin. in the forum, we are paid in bitcoin for promoting ads (campaign) that my friend, made them understand (at least somehow) how bitcoin works and how we earn from it.it works. Tell them that bitcoin is a currency and you can
use it to buy stuffs over the internet. It's that simple.
Just teach old folks based on their level of understanding, be patient with them and also analogy works!
That's nice story! I like it. If I can just give you merit for
this. Thank you.
Let me tell you another story. The father of my friend just got in
to trading because my friend told his father that bitcoin is like
a bank wherein your money grows over time.
It would be too complicated for a regular people if you tell them how
it works. Tell them that bitcoin is a currency and you can
use it to buy stuffs over the internet. It's that simple.
I remebered how I introduced bitcoin to my parents. the thing is, they were wondering from where did we get our funds from, and i said, from doing jobs in bitcoin forum. They asked more questions regarding this and I really did not know how to explain it in simple terms. I just said that bitcoin is a kind of currency in the digital aspect. in the physical world, we use paper fiat for payment, in the digital world, we use bitcoin. in the forum, we are paid in bitcoin for promoting ads (campaign) that my friend, made them understand (at least somehow) how bitcoin works and how we earn from it.it works. Tell them that bitcoin is a currency and you can
use it to buy stuffs over the internet. It's that simple.
Just teach old folks based on their level of understanding, be patient with them and also analogy works!
Despite his asceticism towards bitcoin as an independent currency, experts believe that digitalized forms of money will replace current fiat-based financial systems. However, here’s the problem with Bitcoin; it’s just like any emerging technology. The technology here isn’t Bitcoin, it’s digital currency. And with any emerging technology, the first few attempts are gonna have some problems. It is number one, too complex for the average individual. The blockchain mining of coins is becoming increasingly expensive… We can talk forever about the intricate technical problems or lack of such. But from my personal opinion, I think the electronic currency will be Bitcoin. Honesty, there will be an electronic currency, that I promise you. And if it’s Bitcoin, great. I just don’t think it will be.” One main concept of Bitcoin which the general population fail to embrace is its decentralized and transparent nature. The Bitcoin blockchain network, a peer to peer network is secured and maintained by millions of miners around the world. Which means, the network does not require the existence of central authorities or third party applications and mediators to revoke, restrict and alter transactions or activities on the network.
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