BitCoin Is Too Complicated for Average People! - page 20.

similarcryptos

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Quote from: imteaz on November 02, 2017, 10:17:53 PM

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..

Actully things are very decentralized and its not in bitcoins hand ,although there you can buy bitcoins but fees will be very very high and that is no good.
Also there are may ico are working on to get this tech only problem to be solved .
So i hope in future we have a soultion which enables normal people to buy or sell bits easyly.

loragean03

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Quote from: imteaz on November 02, 2017, 10:17:53 PM

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..

Not too complicated to explain to those average people you mentioned. After you telling them about bitcoin, surely they have a negative think back to your story about bitcoin, but suddenly they have more tougths that, what if hes right, what if always comes to there mind and to trigger them to make their own research about you told to them and thats the start to them to get involve into bitcoin world. A people who wants to learn are always making his own way just to learn more.

asdlolciterquit

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Quote from: Delarock on November 03, 2017, 05:18:00 AM

There's no way Bitcoin can be considered too complicated for the average joe. Everyone has a smartphone nowadays so they're exposed to technology on a daily basis. I'm guessing most of these people are also using online banking of some kind.

yep, online banking. But if you need help with your online banking there are people payed to help you! With btc no!
How can you not see the difference?

btcprospecter

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Bitcoin is no more complicated than anything new once people have a basic grasp of what it is and how to use it there is no problems.

vv181

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Quote from: Caelanpelley on November 03, 2017, 05:09:44 AM

Quote from: placergold on November 02, 2017, 10:38:37 PM

Not at all, I feel it is so simple the bitcoin, it's almost like visa lol.

Just treat it as regular money.

I think it's pretty complicated for beginners. For example, it takes me a lot of time to get acquainted with them. If you are passionate about it you will feel it easier.

for non-techie people, it is hard to understand the technology behind it, but if we willing to learn more bitcoin, I'm sure there is a pretty good explanation for the average user. in my opinion this is the problem why bitcoin is not yet widely used, people got FUD because they do not understand clearly the technology.

Delarock

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There's no way Bitcoin can be considered too complicated for the average joe. Everyone has a smartphone nowadays so they're exposed to technology on a daily basis. I'm guessing most of these people are also using online banking of some kind.

asdlolciterquit

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yes, BitCoin Is Too Complicated for Average People.

For one simple reason. You have no mail/call-center/physicalperson that can help you if you have problem or make mistakes.

This can be a very huge obstacle.

Caelanpelley

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Quote from: placergold on November 02, 2017, 10:38:37 PM

Not at all, I feel it is so simple the bitcoin, it's almost like visa lol.

Just treat it as regular money.

I think it's pretty complicated for beginners. For example, it takes me a lot of time to get acquainted with them. If you are passionate about it you will feel it easier.

fateh1313

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I don't think bitcoin is complected for average people but they had to follow and learn the usage but its not so much worry if we will continue working on it ,it will become easy for us

cramcram21

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Nope I don't think that it is really complicated to understand .
There are to many ways to make it easy for every to use it there are tons of online wallets that you could choose to use,
And you could use it to purchase or sell your bitcoin into cash.

b_parin

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Quote from: imteaz on November 02, 2017, 10:17:53 PM

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..

Yes, your suggestion is a great idea. I believe that it will happen by time as bitcoin is being popular to many countries today. As many people willing to invest, most of those who managed wallets will create a newbie friendly registration and also lessen the transaction fees.

paolo099

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there are different level of BTC technology, it depends how deep you want to go in order to understand it fully.
You have money and want to surf the BTC wave? alright, you just need to know what's an exchanger, the meaning of offline wallet and just some basic info about stock market (which you might already have with options, it works in the same way).
What to go deeper? deal, you have to learn what blockchain means, why you need x confirmation for the transaction and so on.
"we need to go deeper", that's up to you at this point.

First layer it's quite simple to be honest (not easy, simple), then it gets a bit more complicated (nothing very hard for an average person), the other layers are for people who are curious about this technology and not just about BTC market value.

Eternu

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Quote from: imteaz on November 02, 2017, 10:17:53 PM

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..

People who use Youtube and Facebook should have no problem using Bitcoin wallet and Bitcoin as currency. It is peoples will, they do not want to engage, they think that Bitcoin is something that they don't need, because they have their money (dollars or some other currecny). Paying for fees when buying and selling is part how that company make money. When you go to exchange office they take fee too. To using Bitcoin you don't have to know blockchain technology. Bitcoin is not complicated, that would say only persons who are not interested in Bitcoin.

ymirymir

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This is true, I've known bitcoin for 4 years. However, I still have a lot of things to learn about it. Bitcoi is to complicated and complex to understand.

bitctrimor1

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“Blockchain Connection Framework”

Quote from: Metoo.14 on November 02, 2017, 10:42:16 PM

Quote from: imteaz on November 02, 2017, 10:17:53 PM

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..

It's not complicated for ordinary people, you are trying to make it complicated. Do you worry about fees for transactions? Do not worry because no one will help you free.

That can be said at first glance. However, I think that even "ordinary" people (ordinary -- I mean not business inclined) can still learn the ins and outs of the bitcoin market, if they would put the time and effort in learning it. In many third world countries, most bitcoin users are self-thought and didn't really learn about business at school or professionally.

PointHope

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What is initially complicated is understanding the personal responsibility of being your own banker holding your own keys.

Once you get past that hurdle it is fairly easy, and seems easier as one acclimates to the increased responsibility.

This is not some whimsical game, this is real life finance where you are the boss. Once you understand that it is easy.

orions.belt19

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That would depend on your definition of average, OP. Almost anyone can have access to the internet or own a mobile device even without any educational attainment. However, those are not enough for you to utilize bitcoin and cryptocurrency properly. One would have to be able to understand the use of a wallet, the fluctuations of the prices and at least basic knowledge about blockchain technology otherwise they might get lost while using it or even worse, misuse it. Surely, bitcoin is not simple to a lay man. It does not require high intelligence but its features would need some understanding and a bit of skill.

Juggy777

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Quote from: imteaz on November 02, 2017, 10:17:53 PM

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..

Well no pain no gain, no efforts no money, Bitcoin is not some science or algebra that you need to understand, it's a simple currency you buy it like you buy and sell stocks, like you need to buy a stock you contact a broker who places that order on the exchanges, that's how simple it gets. People often misunderstand this whole concept of Bitcoins, thinking it's difficult and complicated, but in reality it's very simple and easy to understand you don't need to do anything that great.

teejayrichard2

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I don't think so. Its very easy to understand and use. Anyone can get use to it in a short period of time.

Monetizer

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Well I don't believe in TOO complicated, I believe in teaching people. I remember how hard it was to learn how a computer works or how to use the internet back in the old days, but we learned pretty quickly. As always, those who adapt and want to learn will profit, those who cry "too complicated" will be left behind.

But as I said, computers were too complicated for the average people 30 years ago and look where we are now. It won't take that long before blockchain technology will be very accessible and user friendly.

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