Topic: BitCoin Is Too Complicated for Average People! - page 12. (Read 4447 times)
When one thinks something to be a complicated, surely however ease we explain he cannot understand it. This is not because of our way explanation or just because of the way it has been developed. It is the receivers mind, he has already fixed it to be complicated, when the concern mindset changes automatically he understands in a much better way in a short.
I think bitcoin is not too complicated to understand if you really want to know and understand it. From a point of ordinary user, they just need to know to creat a wallet and use their wallet, find out how to exchange and trade as a regular deal. I think just difficult to understand how to mining or something deeper in bitcoin, and easy for people who just need to know how to do normal works ! Beside, bitcoin is illegal in many countries and not popular in all world and generation. To make old people or teenager understand bitcoin, it is not easy while they don't know about bitcoin and bitcoin is not a thing government encourage citizen doing research. In future, if bitcoin is accepted by government and popular, people will understand it easier !
I have been reading and considering buying bitcoins for literally over a year. Its kinda funny because I am addicted to watching the price of bitcoin going all over the map.
But from a noobs perspective, bitcoin is still too complicated. For you guys who are above average or very tech savvy the blockchain is probably so simple, but to the average Joe this stuff is way to complicated.
Now people see ( and again i could be wrong) that there is Bitcoin classic, some other bitcoin?, nodes, wallet, codes, blockchain etc. Then they walk away confused.
But from a noobs perspective, bitcoin is still too complicated. For you guys who are above average or very tech savvy the blockchain is probably so simple, but to the average Joe this stuff is way to complicated.
Now people see ( and again i could be wrong) that there is Bitcoin classic, some other bitcoin?, nodes, wallet, codes, blockchain etc. Then they walk away confused.
I am a bit confused when I discuss about experiences with people around me and how I make money in the crypto world, my own research to have a full understanding and a lot to learn new things. So the conclusion is that in crypto or btc someone just need a belief to believe ..
What do you mean by the average people? I think Bitcoin is pretty easy to understand. Bitcoin is a digital currency that has no physical form. Bitcoin prices are always on the rise and Bitcoin is not controlled by any country. It is not known who is the creator of Bitcoin, but Bitcoin has become a very popular investment tool and currency in the world. I think everyone can understand that. But if you are dealing with people who do not know the internet, or people who do not want to know about the development of the internet, then it may be difficult to explain. Especially if you are dealing with people in rural areas who are not familiar with technology.
It's not simple at first of course. You'll just have to study how cryptocurrency works and do some research until later on everything is simpler. In my experience I just read threads here in this forum 
This is still an early stage of crypto. It will clear out in future and be more approachable to us.
Even for those who don't use computers.
Even for those who don't use computers.
I do not think that bitcoin is too complex for ordinary people. Just create a virtual wallet for bitcoin. You can also learn bitcoin through the wep pages. to accumulate more knowledge. You must also always consider the value of bitcoin up and down. For normal people I think the use of bitcoin is not a difficult thing
How is this more complicated then writing a common tax declaration?
At least here in europe it suxxx
No way. I'm not even in the computer industry but I already know so much about bitcoins because of this forum. It's not really for everyone but it's for someone looking for a good investment and looking for a solution to the ever going butt cramp on money. The cryptoworld is anyome interested in changing the monetary system.
I do not think that bitcoin is too complex for ordinary people. Just create a virtual wallet for bitcoin. You can also learn bitcoin through the wep pages. to accumulate more knowledge. You must also always consider the value of bitcoin up and down. For normal people I think the use of bitcoin is not a difficult thing
Don't you guys agree though that the banks are making stuff easier than ever when this bitcoin classic talk confusses those who are not completely tech savvy. Im old enough to remember when atms were new and considered weird but now the banks are just so simple, they changed their hours to weekends and evening and can go online and just with my friends email addy i could pay a bill or i could send money to any off my canadian friends in 5 minutes for $2.
Bitcoin need to get to that layer of ease before the average person gives involved . A lot of people i know wont buy bitcoin cause they consider it gambling and its way to complicated for them.
Plus the scamming in bitcoin, companies getting robbed, that scares Joe
Bitcoin need to get to that layer of ease before the average person gives involved . A lot of people i know wont buy bitcoin cause they consider it gambling and its way to complicated for them.
Plus the scamming in bitcoin, companies getting robbed, that scares Joe
I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.
Yes, I think bitcoin is for everyone and no matter what status of your life is you can surely use bitcoin. And for me bitcoin really offers great opportunity specially for those people who wanted to make good money. The system of bitcoin is easy to understand, you just need to make time to study how.
I am a bit confused when I discuss about experiences with people around me and how I make money in the crypto world, my own research to have a full understanding and a lot to learn new things. So the conclusion is that in crypto or btc someone just need a belief to believe ..
For example, I'm from Canada, and i was only able to buy bitcoin from coinbase, who has limit $100 per week, they charge 3.5% transaction fee, then when you transfer bitcoin to bittrex, they hit you with another fees, which is $5 to $7, end of the day you get $90 worth of bitcoin. I tried several other sites, which has way way high fees, not sure where you guys buy the bitcoins, i couldn't find any suitable sites yet, so i can buy bitcoin with ease.
Use GDAX. It's linked up with coinbase (same company, really). If you do a market buy, there is still a fee, but it's much less. If you do a limit buy, NO FEES! The catch is you can't use your credit/debit card. You have to do a bank transfer and it takes about a week. Well worth the extra effort though with the $ saved on fees.
Bitcoin is not complicated for average people, but is expensive for average people. I usually can't afford buying bitcoins. It's really too expensive to have some bitcoin these days. The average people can't buy it freely because of the price.
For example, I'm from Canada, and i was only able to buy bitcoin from coinbase, who has limit $100 per week, they charge 3.5% transaction fee, then when you transfer bitcoin to bittrex, they hit you with another fees, which is $5 to $7, end of the day you get $90 worth of bitcoin. I tried several other sites, which has way way high fees, not sure where you guys buy the bitcoins, i couldn't find any suitable sites yet, so i can buy bitcoin with ease.
Use GDAX. It's linked up with coinbase (same company, really). If you do a market buy, there is still a fee, but it's much less. If you do a limit buy, NO FEES! The catch is you can't use your credit/debit card. You have to do a bank transfer and it takes about a week. Well worth the extra effort though with the $ saved on fees.
Bitcoin is not complicated for average people, but is expensive for average people. I usually can't afford buying bitcoins. It's really too expensive to have some bitcoin these days. The average people can't buy it freely because of the price.
bitcoin is too complicated for average people i think so for me its hard to convince people to use bitcoin because nowadays its really hard to find online job moist of them is scam or fraud
For example, I'm from Canada, and i was only able to buy bitcoin from coinbase, who has limit $100 per week, they charge 3.5% transaction fee, then when you transfer bitcoin to bittrex, they hit you with another fees, which is $5 to $7, end of the day you get $90 worth of bitcoin. I tried several other sites, which has way way high fees, not sure where you guys buy the bitcoins, i couldn't find any suitable sites yet, so i can buy bitcoin with ease.
Use GDAX. It's linked up with coinbase (same company, really). If you do a market buy, there is still a fee, but it's much less. If you do a limit buy, NO FEES! The catch is you can't use your credit/debit card. You have to do a bank transfer and it takes about a week. Well worth the extra effort though with the $ saved on fees.
I think the most problematic part about it is the security of it.
In my opinion people will have a hard time with how to make your account secure.
Although it is not that hard, non tech people won't be thrilled with the process and might give up Midway, where as securingyour "normal" money is way easier.
In my opinion people will have a hard time with how to make your account secure.
Although it is not that hard, non tech people won't be thrilled with the process and might give up Midway, where as securingyour "normal" money is way easier.
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