Topic: Bitcoin isn't complicated but the fiat system is! (Read 629 times)

Lets not forget about the mechanics of Bitcoin. Especially explaining what's written on the code, what it does, and how does it work. Fiat by itself is NOT programmable and exists in physical form. Even a kid can pay with paper money without the need for technical knowledge. With Bitcoin, not only you'd need to know which fees to set out right, but also you'd need to double-check the address you're sending the coins into, and also make sure your wallet isn't compromised.

Anyone coming from the Fiat world, will find it hard to get used to Bitcoin. At least, within the first days. Fortunately, some wallets are becoming easier to use thanks to developers' efforts on improving UI, automatically setting optimum fees based on network congestion, etc. I'm talking about on-chain BTC, of course. The Lightning Network is another story. It's only been 15 years since Bitcoin's inception, so I'd give it more time to mature. Who knows how far will mainstream adoption go in the future?

I feel like the part is that governments can't take over it is what makes it so entertaining for everyone. I get that it may not be all that great right away, but it looks like we are talking about something that is benefiting everyone so it makes everyone love it as well.

This is of course just a thought and could be different, we could be considering stuff that are changing by a large margin, we just need to make sure that things are looking decent. Think about it, bitcoin could never be touched by anyone by the majority of the public, you need to have almost everyone all together to make that work and for that reason I believe that bitcoin is far better than fiat, and it is so simple as well because it is a democracy.

Bitcoin is not complicated. Without knowledge we can't easy understand the Bitcoin. Bitcoin is easy to Lear and it helpfull for the future. So before doning anything. Frist Lear it. Knowledge will be gide you. So knowledge is power of one. So lear and process the bitcoin.

I don't think the decentralized and centralized nature is what makes bitcoin more complicated for people as many people are still using and storing bitcoin using custodial wallets or even centralized exchanges. And if you ask them, they will still answer that using fiat currency is much simpler.

Overall, no system is simple if we go deeper into the technical part and how they work. The difference here is habits and time of use, fiat currencies have been used for hundreds of years and we have been exposed to them since childhood. Meanwhile, bitcoin has only been around for 15 years and most of us have only been exposed to them in the last few years and sporadically. So it's not surprising that people think bitcoin is more complicated.

In fairness, Bitcoin is also complicated if we really go deep into its design. Fiat is complicated, yeah, but Bitcoin isn't actually as simple as others might make it appear. If we only consider the surface level, Bitcoin might be simple. But that's the same with fiat. Fiat at the surface level is also simple. But both are complex systems that laymen cannot fathom without long hours of serious and even guided study. For example, we're vouching for Bitcoin but can we give any assurance to anybody that it is the best design of money? Can we even read and explain the codes to our friends and families?

We can also argue that so many people know nothing about the technical aspect of BTC, and even the basic part is still hard for a lot of people, because we still have people who overpay in tx fees, or people who underpay and have their tx stuck for weeks; there are also those who lose their funds kept in an online wallet, because they don't know what is cold storage.

Fiat system is centralized, there is a central authority in control, and traditionally people find such system easier to interact with. BTC is decentralized, you have the responsibility of doing things yourself, and majority of people find such a system more complicated.

The graph says it all, fiat system is more complicated than bitcoin and I think the people are actually aware of it but they don't care. Their focus is only using fiat as a payment method, and since they're exposed on it since childhood until at the present, and 24/7, then it's not surprising that they favor fiat more than bitcoin. But wait until majority learn the basics of bitcoin, they will definitely ask theirselves why it's only now that they clearly understand bitcoin when it's never complicated at all.

Cash is the easiest way to use money in society but the elderly have more problems of using fiat currency in digital space like bank transfer. Bitcoin and cryptocurrency with blockchain technology can help the young and middle age but for the elderly, they will mostly feel so hard to learn, accept and actually use it.

Life is continuation of development, changes and generations replace each other as momentum in society. The technology is for everyone but do the elderly use it, it depends on them. Like whether they use smart phones, social media and more modern things, if they can learn and change themselves, they can adopt to most modern and latest technological developments in the world.

The story of advantage and challenge to the elderly with Bitcoin, cryptocurrency is almost the same.

I think it's the same. And those who said it, still thinks that BTC is complicated in any way. In terms of complexity, I think both of them are equal because fiat creation are also done in different process. It is just that people only see the finish product and fiat is physical, so it is literally easy to use/spend. Most of us here find it easy now to use a BTC but before, we are also having a difficulty with it.

Those people who think it's hard can also try what we we've been through and they might ended up liking it. They will then say that their efforts are worth it. Unfortunately, there are people who are not fit on it and the number one cause is lack in education (the general one). I'm referring to those oldies already because it will take them a long time even if they will try and may not be worth it at all at the end.

I guess every person who is not knowledgeable on what he’s going to use will find it difficult and complicated. Same applies to fiat and bitcoin. People will definitely find fiat complicated if they don’t master its usage, but since fiat has been here more than a century then it’s expected that fiat mastery is high compared to the newly created bitcoin. No wonder why majority still prefer fiat over bitcoin when it comes to payment purposes.

This is why I cut out that are skeptical about bitcoin some slack. The traditional fiat system has been planted in us before we could even speak, our whole system is built on this fiat system so I don't expect people to just automatically adopt crypto immediately it was introduced to them.
Then there are other obstacles like Ponzi schemes and altcoins that have given them a misconception of bitcoin.
More people will adopt bitcoin, but it would happen organically. When something that's inevitable continues to grow, more people would be forced to accept it.
With time the adoption of bitcoin will grow exponentially, but it would be a while, it may not even be in our life time, but as long as bitcoin keeps growing and keeps surviving, it's adoption will grown even further. I'm not saying it would be a global legal tender, but it will be way more popular than it is today

Oh really?Let's compare using a card with a wallet!
I enter the store, I put my groceries on the table, I swipe my card , I'm out!
With btc, I enter the store, I go to the cashier, I have to see how much that is bitcoin, I have to input the amount, select the fees, have to look at the mempool, be careful for the value not to slip as I might underpay...
Are we even comparing the two?

The only solution to make it simple would be a 3rd party but that would kill the idea of p2p!
Some need to understand that BTC was not designed to be easy to use, it was designed to be a p2p currency, just as how torrenting isn't as easy for the average Joe as pushing the Netflix button on the remote, Bitcoin isn't as easy to utilize as a credit card for the masses!


It's the same paperwork and even more if you accept Bitcoin, you still need a company, you still need a business license, you still need to file taxes and an accountant! What you're suggesting is working unlicensed and doing tax evasion!
But let's drop the obvious arguments!
If BTC would be that simple, and if we have 20% of the population owning crypto, why don't we have even 1% of the shops in major cities in the Western world accepting crypto? Pretty obvious answer!

Talking about technology that has developed so much, it shouldn't be difficult to learn the technology. Now what makes things complicated is when people don't know technology and they definitely don't know where to start. Bitcoin is simple, buy and hold using a much safer wallet so that the asset will be stored properly until it reaches the price desired by each individual. Fiat was like that when it first appeared, but slowly people were able to accept it, making fiat a viable transaction tool.

Even though bitcoin will not become a legal means of payment, there are other benefits that are much more rational in terms of maintaining value, so people will be increasingly open to accepting it slowly. The complexity that people talk about is because they don't want to learn and are inconsistent in learning the basics of using Bitcoin itself.

If you really know the history of fiat, you will have an idea about how volatile they are and not to be trusted in terms of long term investment especially when the world is on the brink of another world war. That's why most investors are relying on Gold and Silver because for them these are the only real money and it won't decrease its price no matter what happen.

But sine we already have Bitcoin nowadays it is more preferable and convenient to have because you don't need to worry about transferring it no matter where you are as long as you have internet connection. Also the important thing is to easily bring it with you without even letting the others know you have them.

Bitcoin will always be complicated for those who have no time on learning its technology, but for those who are very excited to learn even the basics in using bitcoin, it will never be complicated for them. In fact, seeing this graph alone certainly tells that it's fiat that is quite more compliment than using bitcoin, but since fiat has been here already from the time we are born, we don't see fiat anymore hard to learn and understand its usage.

A common man as you said who is not a bitcoin fan will always have bitcoin complicated not until they are obligated to accept the technology and only then they can have that interesting fact to study about it and accept that fact that bitcoin is not complicated add the fiats because because has its trace of origin and we know total number of bitcoin created, so we also know total mined, transactions as visible and so also, it is obvious to have the potentials to store of values but we know nothing about the fiat apart of it as a centralized funds for goods and services exchanges.

I do agree on you. People are born using fiat in the first place, so it's understood that they have master already on how to properly use it, unlike crypto particularly Bitcoin which has existed a decade ago so people until now are still starting from a scratch how to learn using it, while others just don't mind at all thinking they have fiat already so it takes no essence for them to learn how to use Bitcoin.

You also do not need to be an expert on what goes on behind the scenes before you use fiat, a lot of people who use BTC do not also understand its technical aspects. I don't get your points, and this post hasn't made it any clearer, i am pro BTC, but fiat has its own purposes and it is what the majority of people use as a medium of exchange.

We can also argue that BTC is a riskier currency to use without having enough knowledge of it, because you are the one in control and responsible for your own security. However, when using fiat, you simply have to keep it in the bank and allow them keep it safe for you.

OK, let me try another angle, because IMO fiat money is more complicated than bitcoin.
You are making money from holding bitcoin, or you have a chance to make it in the fiat world.
With bitcoin all you have to know is how to secure your coins and how to transact with a wallet which isn't much more difficult than using a bank app on your phone.
When you choose fiat money you have to set up a company, get a name for the business and register it. You have to prepare invoices for your clients, get a credit card terminal, a safe to hold cash, a printer to print receipts. You need an accountant that will do all the paperwork for you once a year when you have to file taxes. You have to manage money that you hold in the bank because if they just lay there you'll lose at least 5% a year... Isn't bitcoin simple compared to that?

So far this thread received mixed kind of response and I want to reply to most of the replies but I am too lazy to do that so I am leaving it's upto you to decide what and how it is.

My point is very simple people using USD for very long time but I am pretty sure 99.9% will not be aware of this things so for us to use Bitcoin we don't need to be a geek or expert it can be adopted by anyone with basic knowledge, might take a while to get used to the spending but it does really worth it instead of these bill of exchange.

Bitcoin is money so does Gold and others but USD or other fiat is not money it's bill of exchange.

To be fair no common probably knows all this. But they think of fiat as less complicated because it is what’s commonly used. It seems pretty straightforward. Money from bank, money to spend.

But of course it is more than that but a common man does not see any use for knowing all the other details. With crypto, they say it’s complicated because they can’t understand where exactly it’s coming from. Their mindset is that “money is paper so how is crypto money if there’s no paper?”.

They just need to listen and focus and I am sure they will get it eventually

I think fiat and BTC can never compete because the biggest difference between fiat money and BTC is that fiat money can be used by uneducated people but BTC can't. While BTC requires education and experience, there are no such requirements or difficulties for fiat money. Also, fiat money is used to buy daily things and not BTC.

Yes, it can be said that those who keep money in fiat should buy BTC instead if they are aware of BTC because the money kept in the bank cannot give as much profit as the BTC can. You buy BTC and can keep the BTC for the future as BTC has proven from its past that every year BTC price goes higher. From now on, BTC will only give profit to its users, so instead of keeping it in banks, BTC should be bought and kept.

Good luck explaining to the average Joe:
- that when he pays with two inputs he must pay twice in fees, like when paying with two $10 bills you're charged more than when paying with a $20, oh wait...
- explain to the average Joe why he should pay the fee when his card is free
- explain that if something gets wrong with his coins there is no support number

Average Joe will not use decentralized Bitcoin, he will use still a centralized solution if he is forced to, and by then the picture for BTC will look just like the one for Fiat. Harsh and not the reality we want, but it's reality nonetheless!


Fiat money is 50 years old, paper money is hundreds of years old!

I believe that once governments legalize bitcoin and allow people to use it widely, user experience improvements will soon be implemented. Yes, it is only a matter of time and we should not be too hasty because in comparison, bitcoin is only 15 years old while fiat money is hundreds of years old. So don't be surprised or blame anyone if they say bitcoin is more complicated than fiat currency.

I seriously doubt the government will legalize bitcoin as a currency to reduce fiat dominance. Because fiat money represents government dominance, they control us through fiat money so I don't think that can happen.

It makes sense, this is what people mean about being complicated, unlike the fiat system.
For some people, it's easy to understand and use Bitcoin, but we can't really blame other people who having difficulty and are against it.
Because at the end of the day, it will be up to them if they will use Bitcoin or not.

Improving user experience is key for mainstream adoption of Bitcoin. It should only be a matter of time before BTC becomes easy enough to use as Fiat for day-to-day payments. Some wallets already set optimum network fees when sending BTC. They even have an attractive GUI. So there's been some progress after all. But you'd still need some sort of technical knowledge to avoid sending coins to the wrong address or securing your funds against hacks or theft. This only applies for non-custodial wallets. Centralized wallets (managed by a custodian) are much easier to use, though.

I hope someday major countries adopt BTC as legal tender. That would reduce Fiat's dominance by a large margin. Despite Bitcoin's promise to bring financial freedom, we should never expect it to replace Fiat. Governments don't want to lose power/control over the economy, right?

Both bitcoin and fiat are complicated if we dig deeper into how they work, but fiat has been used for thousands of years and is supported by governments, banks, and thousands of different services that make its use easier than ever. Meanwhile, bitcoin is a decentralized currency, we have to preserve and store it ourselves, which makes it difficult for many people because they are used to depending on and receiving support from organizations such as banks.

The difference I see in both is new and old, and in my opinion, over time bitcoin will gradually become more familiar to people and we will no longer hear anyone complaining that bitcoin is complicated.

Exactly. The very countries embracing the Bitcoin revolution, are the ones still stuck with the "Fiat Standard". This won't change anytime soon. Especially when governments don't want to lose control/power over the economy. They might as well build CBDCs on top of Bitcoin, than use BTC as a replacement for Fiat. At least we know Bitcoin (and crypto) is the future of money.

The world economy will change drastically in the future. Central banks will use Bitcoin's core blockchain technology for their own digital Fiat currencies (otherwise known as CBDCs). They won't lose. The ones that will be losing are people like you and me. Bitcoin promises to bring true financial freedom. But with CEXs and institutional investment companies dominating the market, BTC would be subject to the wills of the government. If such entity prohibits people from buying/selling BTC or even using it, it'll be game over for good. I have a feeling "hyperbitcoinization" will be a long and distant dream.

The only thing fiat has over bitcoin right now is that the "reversible" thing. Because it is decentralized, when you send some coins to someone then it's gone and that's it, there is nothing that you can do to fix it. However, if you do end up doing something like that in fiat, like you sent the money but then things didn't go as planned, there are ways to get the money back.

This is why shopping with bitcoin is so hard, specially online because you could pay someone some money and they could just end up with stealing it from you and in the coin world you just can't do anything else, whereas if you do end up with same thing at fiat, you just do chargeback and call your bank and you get your money back eventually without an issue.

I suppose it comes down people being creatures of comfort. Generally once people are used to something or to doing something in a particular way, it is difficult to show them a new way.

When Bitcoin was introduced in 2009 it did not bring people in masses from all age and educational demographics then and it is not doing it now either though year-on-year number are increasing. Today people using Bitcoin (or their preferred crypto) are increasing in numbers across all age and educational demographics but in comparison to those that use fiat, it is in such a minority that working out percentages will be difficult.

The truth is that BTC technology is complicated to a lot of people, and that is why many people choose not to use it. In order to use BTC, you have to be responsible for your own coins, and many people do not want that, they don't want to store their seed phrase and they fear that being in control of their funds is a scary proposition.

There might be a lot of things about the fiat system that so many people do not understand, but who cares, they keep their money in the bank and allow the bank secure it for them, they simply understand all that they really need to know. However, with BTC i believe even the basic thing isn't easy for a lot of people, i.e. setting an appropriate fee rate for their tx.

El Salvador has accepted bitcoin as legal tender but they still use USD as their main currency, moreover I see them focusing on investing in bitcoin rather than promoting and encouraging people to use bitcoin instead of USD as the main currency.

I believe that all countries in the world will have to accept and legalize bitcoin but that does not mean they will accept it as legal tender and eliminate fiat currency. Don't forget that governments are controlling and managing us through fiat, if they abolish fiat how will they control us? So, the scenario where governments will legalize bitcoin and the fiat era ends is highly unlikely.

It's bitcoin's technology that's complicated, cause for the average joe it combines what you cannot understand simply with computer science and engineering, as well as the hardest parts of economics into a single school of thought.

Understanding how bitcoin works economically comes easy to a majority of us cause hey, we've been using it since time immemorial, but ask a random bitcoin user if they know what SHA-256 is, or how mining works, as well as why scalability isn't going to be a thing in this industry and watch as their brains collapse upon itself and turn into a black hole.

You can't blame and condemn people for not knowing something on an atomic level, and you can't make people stop condemning something just cause they don't know it. Liking something, bitcoin in particular should come naturally to the person, else they'll end up nothing but a spiteful rat when they lose all their money aping on shit they shouldn't ape at.

In technical terms, Bitcoin is much more complicated than Fiat. It will be hard for someone new to understand how BTC works (setting optimum network fees, avoiding sending coins to the wrong address, backing up seeds/keys, etc). With Fiat, sending/receiving payments is a breeze. I mean if that's what you mean by "complicated".

Believe me, things will get better for Bitcoin as developers continue to improve UX. It won't be long enough before sending/receiving BTC would be as easy as sending/receiving an email. We just need to give it a little more time. It won't be going anywhere, especially when it's the one coin that started it all.

With "Wall Street" now in the game, BTC will only go higher both in market price and mainstream adoption. I wonder if other countries will adopt BTC as legal tender the same way El Salvador did? If a large number of countries adopt BTC, Fiat's days will be over. Just you wait and see.

Bitcoin will only be complicated for those who are not open about bitcoin education, thinking that it will always be difficult for them to use and spend it for daily basis unlike fiat wherein they are born using that. However, for those who are always hunger for new technology, just like bitcoin, instead of seeing it as quite difficult and complicated, it turned out that they get more excited and interested using its new innovation. There is really nothing that we can’t learn from bitcoin, as long as the eagerness and motivation is present, and patience of course who will help you learn immensely.

This is a great image, however it's a little confusing how the Tether stable coin is included in the chart. It would really be great if it only included fiat based systems. I guess the thing is though, as much as this chart tries to capture the complexity of the US dollar monetary system, there are so many other connections that are not covered, just because of the complexity and unknown unknowns involved.

How will Bitcoin destroy the fiat currency system? Do you think governments accept and legalize bitcoin only to destroy the fiat currency system they have built for thousands of years? Is the government that stupid?

While we are bitcoin investors and always want it to become popular worldwide, we also need to be realistic and not spread misleading narratives between bitcoin and governments. Don't exaggerate unnecessarily about bitcoin and don't make governments hate bitcoin more just because we spread false rumors. If you have ever read bitcoin's whitepaper, you will know that Satoshi created bitcoin not to replace or destroy the current monetary system.

Oh yes, I've seen this image or a similar one before, and since then I regularly point out that fiat is not simpler than Bitcoin. What is simpler is usage, but that's something that can be simplified and sometimes is simplified with Bitcoin, albeit at a cost of decentralization. But fiat doesn't have decentralization and that doesn't seem to bother most people. So Bitcoin can be similar to fiat in that regard.

I think the part where it is being talked about as complicated is very different from how and what it is used for.

For a non-tech savvy person, you would really be overwhelmed with how bitcoin is used and just sending it requires a lot of things like Wallet​, Internet connection, Address that you are going to send to. I really think it is complicated for people who aren’t really exposed to that.

As for the dollars, Fiat system, It is really easy. You just have to give the cash and then minus the difference from what you are buying or something.

I’m not saying that bitcoin hasn’t been converted into something easier but in general it is complicated compared to just using cash.

The Fiat system is easy to understand because we don't need to use gadgets but bitcoin does which makes any person who doesn't have a good background about how new technology works will definitely say, I prefer fiat. In fact, in my country, even when using ATMs still a lot of people don't know, they ask for assistance from others. That is much more if the system is not the system we have known since childhood.

Maybe for this young generation, it was easy for them as they are exposed already but I'd never see this as adaptable to the oldies people, they certainly take what they understand fully rather than learning new things. And I expect mixed opinions from people as it depends on their current situation and adaptability.

The problem with fiat all started when government and banks became too greedy and went on printing too much fiat, causing it to have less worth due to excess supply. Money is meant to be scares as if there's supplus, it becomes a problem for the economy of a country. How? A single man can decide to keep so much of their fiat locked up somewhere and try manipulating the whole economic system. Every common man from his child hood to becoming an adult had a single currency and some countries tries to teach them the history of their fiat in basic school. Still they can't fully understand the mystery behind fiat system and why it continues being a bit complicated. Bitcoin is new but still we can't compare it to fiat. The idea about decentralization has made Bitcoin stand out from all other currencies out there as no one, not even the government can control the system making it have less complications from confused leaders who try to manipulate the market system thereby causing fiat to drift alongside them.

Yea, choice is individual decision, so no matter how we try to convince someone once he doesn't Believe in what you are saying there is absolutely nothing you can do about such situations, to individuals who choose fiat over Bitcoin, they feel that Bitcoin is a complicated innovation as the op said the same is applicable to bitcoiners, this is just understanding difference, every Bitcoin enthusiast, more expecially people that has been in the system for a while understands that Bitcoin is a valuable asset that requires a longterm mindset to achieve from the investment but for a novice that has chosen fiat instead of Bitcoin unless he see some evidential proves of what you have achieved so far with Bitcoin, there is nothing you will tell such person that will make him or her to belive that Bitcoin is a good investment unless such individual wants to try the investment based on his interest.

In the aspect of technicalities, I don't think is must for everyone to be involved in that as you said, in whatever investment we choose, the first thing to learn is how things are been done after that, we are good to go may be we can acquire more knowledge when we are fully involved in the said investment.

That is basically an infographic putting together everything that is connected to the fiat system, and we can't deny the fact that the system has been around for hundreds and thousands of years, it just kept changing and developing, so I think it's fair to say that it has a lot of connections all around the world and we aren't supposed to put them all in an infographic and say how complex the system is because every system in the world would look like this if we keep connecting chains.

The complexities people usually talk about are the storage and use cases of both Bitcoin and fiat, and what they want to say is that using or keeping fiat currencies is easy because you simply put them either in a bank or at your home, and these things are learned as you grow up, but when it comes to Bitcoin, the process is undoubtedly a bit complex because a normal, non-technical person cannot understand it easily.

Bitcoin technology is new, so it will remain complicated for people until they become familiar with it. I have used Fiat all my life and don't know how the system works. I just assume that the government gives orders to the printing and minting companies of my country for them to print a certain amount of notes. The money is moved to the central bank where it is distributed to commercial banks. And that's just the layman's perception about fiat.

Now people think fiat is less complicated because you don't need to check the mempool to see how much you will pay for transaction fees. You also need to check the price of Bitcoin to ascertain how much you will get if you buy or sell. You also need a phone or internet connection to carry out a transaction and there are also concerns about the safety of a wallet. One also needs some level of education to use a Bitcoin wallet because you need the ability to read and understand some details. They assume that if you have physical fiat, you can just easily buy all you want without much restrictions.

In my opinion, the fiat system has many complications that ordinary people do not know about. We have only used the fiat system since we were born and most of us don't know about this system and how they control it. But Bitcoin is a new payment system and people are curious about it, and I believe that in the coming years, the blockchain and bitcoin system will destroy the fiat system.

Taken out of context?
But I will also argue that until we know something better and more detailed about the subject, everything will seem complicated to us. Now is the time when new technologies are changing the world; only the adult and elderly generations will have difficulty understanding. All those who know how to understand the Internet a little better than using social networks, master Bitcoin, use its wallets, and understand the importance of their seed phrase will be able to master it very quickly. Remember the importance of your PIN codes? Did people need to explain for a long time the importance of not disclosing them?

Because of the habit of using fiat and people think the bitcoin system is complicated, we were born from an environment of people who use fiat so it is natural for people to say the process is complicated. But what needs to be underlined is that nothing is complicated if people want to learn and they can learn to understand. The growing technological journey will make it easier for people to understand the bitcoin system and now there are many people who know technology so that it can help understand the bitcoin journey system.

Technology used to be very limited and only a few people had access to the internet but now we can see bitcoin adoption becoming more widespread. This is due to easy access, the internet and increasingly developing technology. The point is that every new thing needs to be learned and nothing is difficult when people want to learn to understand.

Why Average Joe need to understand fiat system?

Most people don't care how fiat system works, what they care is how to earn as much as they can and knowing the charge or penalty when they saves their money in banks.

Unlike Bitcoin, there are so many traps, either you downloaded fake wallet or custodial exchange, you might invest in fake Bitcoin (Bitcoin in centralized network), you might get scammed for not knowing "confirmation" is very important since they could double spend the transactions etc.

It is just some people's excuse to say that bitcoin is complicated and this people are either too lazy to learn about bitcoin or have the opinion from other people. if bitcoin is legal and it is something that everyone born is introduced to as a normal thing, people will actually learn about it and not complain about any form of complication. The reason why people still complain about complication is that, bitcoin is not yet  accepted and the resources that make this information less complicated are not available to everyone.

First, that's not how the dollar works, that's how the entire US economy works, you think that if we change from USD to BTC pension funds or insurance or lenders or the SEC/CFTC would disappear? Why would hey?

Second, the average Joe doesn't give a rat's ass about all that, he knows the gets his wage on a card, he knows he can check his balance at any time and see how much he has in $, and he knows he can swipe it at any pos and pay in a second! On the other hand, just go to the beginners and help section here and see how many people are in trouble because they don't know how to select a fee or know the difference between byte and vbyte or their transactions are stuck and they don't know how to fix it!

And you can see the results for yourself, how many people use Bitcoin, and how many a cc card?
Let's not lie to ourselves just because we ant something to succeed!

Economist Saifedean Ammous, who wrote the book "Bitcoin Standard," which explains the deeper economic and technical aspects of Bitcoin, has also written "Fiat Standard," where he explains the fiat system. I believe these two books are essential reading for anyone who wants to understand Bitcoin and how the fiat system works.

What did we even know about Bitcoin when we first heard of it? almost nothing until we get curious about it and start learning about its technology and ecosystem. And if both are complicated, do we even need to know how fiat's are made and where they have been made from? no. And that's the same goes for Bitcoin, a user, a holder, or an investor doesn't need to know all of its technicalities because they really are going to be complicated if you're not fond and knowledgeable about it. The basic matters don't have to be complicated at all and it is not requiring a lot of knowledge to be understood. What is important is the value that they have and what it brings to the person who has it. Like for that fiat lover, he'll never understand the importance of bitcoin and it's his own choice to make it look like complicated on his own mind because that's what he's believing and chose to stick with.

Exactly his point, to even buttress what he said, there is no point in know some of the technicals of the bitcoin network if you just want to be mere user and not something like a developer or even node user. All you need is understanding the concept of how to set up your wallets properly, how to send your funds properly; knowing the required amount of fees to pay, when to bump your transaction and other little details, which are what the fiat currency also does. Things like how can you get to have collision with seed phrase are not that so necessary.

I only see people bring about the complexity of bitcoin technology as a whole propaganda to either shy away from using it or spread FUD and nothing more

The thing is, people don't need to know about the protocols in bitcoin just as most people don't need to know how a CPU, storage (HDD, SSD etc) or memory work.  They don't need to know about TCP/IP, SMTP, DNS, HTTPS, NTP or other internals of the internet work.  The protocols are/will be abstracted away with wallets, ETFs, exchanges and the like over time. 

Uhmm.. The Bitcoin and Fiat systems are both complicated; what makes people complain about the protocols in bitcoin is that they had to learn about the new system. Secondly, the decentralization makes everything under your own control...in a broader sense, you're entitled to perform every action that the banking systems and third party does, which makes it more complicated.

Just imagine a situation where you made a transaction with a lower fees and it got stuck for sometime; you'd have to manually pump the fees ... That's gonna force you into learning how to RBF or CPFP. Meanwhile in the Fiat systems, all you gotta do is visit your bank branch and the customer care would do the rest.
Edit:
It's actually good to learn things the hard way atimes.

There's no complications in bitcoin except those that have found it difficult to comprehend on learning new things, there's nothing heard from understanding what bitcoin is and how we can as well join from the way we see it, bitcoin is what others should see as the simplest thing to do because it will be the tyoe that can help change someone's story for good and not to use it as money, but through it, we can comfortably discover the way bitcoin is meant for others, fiat system is more complicated because it's being controlled by central

Looking at the diagram, fiat system is really complicated but one don't have to understand that to spend fiat.  While Bitcoin system might be a little less complicated, many people are still baffled at how to create a single transaction with it.

Spending fiat is not as complicated as sending Bitcoin.  A person can transact with fiat currency with cash and outright hand over the money to the seller without waiting for the validation and confirmation of the transaction.  While a person who wants to use Bitcoin for a transaction needs a gadget, and application for the transaction and needs to wait around 10 minutes for the transaction to be confirmed if the deal is done through P2P.

With that many see paying with Bitcoin as way more complicated than just handing over cash to seal the transaction.  Since fiat currency can be spend anywhere, it is way more convenient and simple for a person to spend it than BTC.

I have always tell people that what I have learned and understand about Bitcoin under 2 years, I don't understand what the fiat system has thought us, they will keep making the system difficult for everyone yet the fiat is harder and harder. It's under fiat they will tell you this one is bond, this one is treasury bill and the other ones are financial instruments and what all of them are saying is fiat money and nothing more, even your image is nothing but the same fiat, it's their complexity about money that brought us to high inflation they fight every year.

Where as Bitcoin doesn't have to deal with all these processes, even on the network aspect, it's just sending from the sender to receiver, the only little complication in it is the nodes and miners that does the validation and comfirmation of the transactions but fiat protocols is like going to a world War where you don't understand anything but you just fight for survival.

What Findingnemo is saying is that using fiat money doesn't mean you understand how it works.

For users who aren't good to trace illustrated diagrams, I think it'd still be technical for them to understand this and get conveniently convinced.
Let's don't do justice by the display this diagram because  nomatter how you try to simplify the complexity of bitcoin, it will still be complicated to some person's atleast considering the fact that it could be a digital currency and also serves as assets on decentralized blockchains which isn't supported by the government. Besides bitcoin is still a new technology even though it has existed for about 15 years now.
If we must be realistic, individual learning capacities differs and so, there're also people who suffers on technical factors which bitcoin is evolved with technicalities.

A child who hasn't learned how to ride a bicycle will tell you that it's very difficult, while the one who has been riding for months will tell you it's very simple. We all came into this world to find fiat currency as a major/general means of exchange. We had no choice but to accept it, and we didn't even bother to understand its technicalities and everything that happens behind the scenes. If I were to conduct a survey by presenting the mapping that appears in this thread to 20 different people, I don't think one person could explain everything. Isn't there already a complication?.

Personally, I don't understand everything written on that map, but I can choose to understand it just by my decision.

Just as Bitcoin has its own technicalities, fiat currencies also have their own, filled with corruption and centralization that only the issuers of these currencies can see, which is clearly unlike Bitcoin.

Bitcoin has its own technicalities, I won't deny that fact, but that doesn't stop anyone from learning how to perform a basic transaction by just copying and pasting an address, then inputting a specific amount. Moreover, some wallets are as simple as possible making it very easy to learn.

So, I think those people who think Bitcoin is complicated are only referring to the technical part, which I don't think they must learn if they are not willing to. Just learn the basics, like how to buy, make transfers, etc., because that's what we literally do with fiat currency.

Let's stop paying attention to these people who are not willing to learn, just like a child who is not willing to learn how to ride a bicycle, but make a complain of it's difficulty.

^
Although fiat known to us since the time we we born, I hardly know anything about it until the time I read the history of how money started. Which even in the old times, we were using some sort of stuff that is rare to acquire to be used as currency.

But I seriously agree that Bitcoin is not complicated. I have a living proof of it right here https://x.com/RudyHavenstein/status/1806032936111685780

A common man is born into the fiat system and is taught by his parents, friends and colleagues how to use it. Bitcoin is still new if we compare it with fiat and is slowly getting adopted. Give it some time and it will be simple to understand in the future than in the current time. The children of El Salvador will be far much educated with Bitcoin and the tech than those children in counties where Bitcoin is still a mystery for most of the population.

While I was scrolling Reddit one post caught my eyes

Bitcoin is too complicated" ~US Dollar user



_{*you may have to download and zoom in to get in details}

I just want to show this to whoever says Bitcoin technology is too complicated for a common man and then ask them to explain this which they have been using day to day and whether any of 'em got any idea what is going on behind their preferred method