‘Crypto not meant for humans’ says Anthony Pompliano

Lanatsa

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Quote from: barbara44 on August 15, 2019, 01:01:42 AM

Quote from: ene1980 on August 13, 2019, 06:16:51 AM

Quote from: anoufal on August 13, 2019, 05:10:46 AM

That's exactly what I thought! Crypto will not make you rich if you do not study it, if you do not gain experience with each new transaction

To understand the true value of bitcoin you need to use it as a transaction platform rather than see it as a store of value, even if you study every transaction it will not make you rich, you need to have an understanding on how the market moves if you are planning to make money with any market Tongue

.

I don’t understand why people think they need to understand the machine language for one to be able to use bitcoin when they’re not creating a cryptocurrency out of it or when it is not the blockchain technology itself. When satoshi was creating the system, he never wrote anything like we need language to input into anywhere for us to make simple payment or trade with it.

It is mostly everyone here that is using bitcoin for just payment and some trading with it and what else could be simpler than just putting figure and then clicking that button of send. The only thing I think is just hard to know is the wallet address which is not necessary to memorize it provided you have it somewhere save for you to copy it out. That is the only thing I feel is just complicated for those who has not knowledge of technology.

It doesn't really need to be complicated and it doesn't need too much knowledge for you to use up or know about Bitcoin yet its primary function is focusing on new way payment system.

There no need to be a programming or coding Nazi before you can use it up.So that Pompliano guy is a total ass.

bitcon

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Quote from: barbara44 on August 15, 2019, 01:01:42 AM

Quote from: ene1980 on August 13, 2019, 06:16:51 AM

Quote from: anoufal on August 13, 2019, 05:10:46 AM

That's exactly what I thought! Crypto will not make you rich if you do not study it, if you do not gain experience with each new transaction

To understand the true value of bitcoin you need to use it as a transaction platform rather than see it as a store of value, even if you study every transaction it will not make you rich, you need to have an understanding on how the market moves if you are planning to make money with any market Tongue

.

I don’t understand why people think they need to understand the machine language for one to be able to use bitcoin when they’re not creating a cryptocurrency out of it or when it is not the blockchain technology itself. When satoshi was creating the system, he never wrote anything like we need language to input into anywhere for us to make simple payment or trade with it.

It is mostly everyone here that is using bitcoin for just payment and some trading with it and what else could be simpler than just putting figure and then clicking that button of send. The only thing I think is just hard to know is the wallet address which is not necessary to memorize it provided you have it somewhere save for you to copy it out. That is the only thing I feel is just complicated for those who has not knowledge of technology.

You are right. We do not think it over how much money, in reality, the country has. We simply use fiat. The same is with the cryptocurrencies. Let us leave technologies for men, who are involved in creating new cryptos, who open crypto exchanges and run IEO. The average use of Bitcoin does not need to know all of these details - it will not help in trading.

barbara44

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Quote from: ene1980 on August 13, 2019, 06:16:51 AM

Quote from: anoufal on August 13, 2019, 05:10:46 AM

That's exactly what I thought! Crypto will not make you rich if you do not study it, if you do not gain experience with each new transaction

To understand the true value of bitcoin you need to use it as a transaction platform rather than see it as a store of value, even if you study every transaction it will not make you rich, you need to have an understanding on how the market moves if you are planning to make money with any market Tongue

.

I don’t understand why people think they need to understand the machine language for one to be able to use bitcoin when they’re not creating a cryptocurrency out of it or when it is not the blockchain technology itself. When satoshi was creating the system, he never wrote anything like we need language to input into anywhere for us to make simple payment or trade with it.

It is mostly everyone here that is using bitcoin for just payment and some trading with it and what else could be simpler than just putting figure and then clicking that button of send. The only thing I think is just hard to know is the wallet address which is not necessary to memorize it provided you have it somewhere save for you to copy it out. That is the only thing I feel is just complicated for those who has not knowledge of technology.

akeegan

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LOL that doesn't make much sense. Granted our computers do most of the work but who puts the crypto to use? we do

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Quote from: Muffinmanlet on August 13, 2019, 01:53:35 PM

It's like saying in the 90's that the internet is not for humans. It's hard for joe blow to use btc because it's not very user friendly yet, but just like with the internet this will improve to the point that any fool can use it with ease.

Exactly.Technologies that are still new on the side of the people might give them pressures because they are not yet inclined to it.But when they become educated on it,they will use it already with ease and becomes user friendly.Crypto may takes time for people to fully understand it but it never losses the reality that crypto is for humans.

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It's like saying in the 90's that the internet is not for humans. It's hard for joe blow to use btc because it's not very user friendly yet, but just like with the internet this will improve to the point that any fool can use it with ease.

STT

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Quote from: SirLancelot on May 20, 2019, 06:44:25 AM

Cryptocurrency is meant for humans just that there are lots of people that doesn't understand how it works and there are those who understand but just don't like it.

I see it as equal to saying, roads are meant for cars not people. Well yes and no, the road is only there because humans want and require it to be there. But also you could say its not safe or the right place for people to be and a computer could manage the journey better.
I kinda get what he means but since people are the primary trend setter in a capitalist economy then no, humans determine Bitcoin and its usage and its direction. Always the capital should be with the people, the product of Bitcoin and its usage needs to be made so easy anyone can use it.

We could go to the extreme of saying well a television is a highly complex device not meant for humans, it should be behind a solid glass wall and with a set program. Or you can point out that with a remote control anyone in the world can determine the best use of a TV. BTC needs its virtual remote control easy to use end user interface, dont make it an elitist product as that will kill it.

ene1980

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Quote from: anoufal on August 13, 2019, 05:10:46 AM

That's exactly what I thought! Crypto will not make you rich if you do not study it, if you do not gain experience with each new transaction

To understand the true value of bitcoin you need to use it as a transaction platform rather than see it as a store of value, even if you study every transaction it will not make you rich, you need to have an understanding on how the market moves if you are planning to make money with any market Tongue

.

Quote from: Janation on May 12, 2019, 12:23:14 AM

Quote

The reason it is so hard for so many humans to understand crypto assets is because these assets are not for us. They are being built for the machines. Pompliano said.

I understood what he meant now, if you extract a content and then re-post it you could create misunderstanding and i knew something was fishy with the headlines.

But the fact is that you really need to know and understand machine language or how it works to start using bitcoin.

anoufal

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Crypto is not meant for people who only want to become rich in just a day without even putting hardworks on it. They don't really understand what bitcoin is. But for those who takes time in studying first about bitcoin and keep on learning how to use it properly and even made an income from it, they all deserved to have bitcoin that will make their economic life improved.

That's exactly what I thought! Crypto will not make you rich if you do not study it, if you do not gain experience with each new transaction

SirLancelot

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Quote from: Unblock_news on February 28, 2019, 03:15:25 AM

Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

I really don't understand what's the problem of those saying that cryptocurrency is meant for computers, I just don't get it. How exactly is cryptocurrency meant to be used by computers, are they living things?? Computers are non living things are created by humans.. So why would anyone be saying that crypto is meant to be used by computers?? Cryptocurrency is meant for humans just that there are lots of people that doesn't understand how it works and there are those who understand but just don't like it.

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Quote from: goaldigger on May 14, 2019, 05:10:23 PM

Quote from: Unblock_news on February 28, 2019, 03:15:25 AM

Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

Its hard to understand because people doesnt want it to understand. Their being close minded is somehow pissing the cryptocommunity and their spreading fake news is helpless. Look at those people who are already converted. How happy they are they have more financial stability than others.

whatever the reason, which felt clear in me, with the presence of crypto made the economic life better than before. but that is only a small example, and at the moment many companies are receiving crypto payments

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Cryptocurrency is still new and majority of the people are still unaware that another kind of virtual currency is existing in the internet. The younger generation might have no difficulty in understanding the cryptocurrencies including blockchain than the older generation. Cryptocurrency is created by human and not alien so it really meant for human but not all human.

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Quote from: Unblock_news on February 28, 2019, 03:15:25 AM

Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

Its hard to understand because people doesnt want it to understand. Their being close minded is somehow pissing the cryptocommunity and their spreading fake news is helpless. Look at those people who are already converted. How happy they are they have more financial stability than others.

uneng

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This is just a joke, but: crypto is not meant for all humans would fit better. Only specialists, programmers will understand how it works, while most people will just use it, as it's not necessary to know how something works to make use of it.
Many people don't know how a computer works, for an example, but they still use it. And like electricity, as said above: many people don't even know from where it comes and how it's generated, but they still use it.

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Quote from: shesheboy on May 13, 2019, 04:49:55 AM

Quote from: buwaytress on May 13, 2019, 02:38:45 AM

I think he means it in the same way some people would say electricity, the internet, or let's just say more broadly, technology is not meant for humans. ....

Electricity , internet or technolgy in general is still meant for humans or should i say primarily meant for humans . secondary use would be for animals or for other non living things . they also need a technolgy so that they can improve and develop more effectively just like us humans .

that is the same as cryptos , cryptocurrencies are invented because of the devs of cryptos wants to exeperience a way of paying or a currency that is independent or not tied up with the banks . cryptos are really built for human because humans are the only one that can use cryptos .

There are just so much contradictions in his line of thoughts, if he say crypto is not meant for human, I guess he must just be speaking in parable because the question we need to be asking him is, who’s the inventor of cryptocurrency?Is the person not humans? And the problem cryptocurrency was proffered to as solution, whose problems are they, is it not humans?

Maybe they all need to really sit down and fully breakdown satoshi’s whitepaper for them to fully understand what he created cryptocurrency for before they start talking from their personal assumption.

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Quote from: buwaytress on May 13, 2019, 02:38:45 AM

I think he means it in the same way some people would say electricity, the internet, or let's just say more broadly, technology is not meant for humans. ....

Electricity , internet or technolgy in general is still meant for humans or should i say primarily meant for humans . secondary use would be for animals or for other non living things . they also need a technolgy so that they can improve and develop more effectively just like us humans .

that is the same as cryptos , cryptocurrencies are invented because of the devs of cryptos wants to exeperience a way of paying or a currency that is independent or not tied up with the banks . cryptos are really built for human because humans are the only one that can use cryptos .

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I think he means it in the same way some people would say electricity, the internet, or let's just say more broadly, technology is not meant for humans. Pompliano clearly believes he is in a higher echelon of thought and superior to most fellow human beings. But that's not unusual behaviour for most people who think their horizons are broad, and had more luck than others in genetic and economic lotteries. That's okay, you know. We need all kinds to make Bitcoin go round. IF everyone were as dull as me minding their own business, it'd take forever for people to know about Bitcoin.

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Quote from: Ranly123 on May 11, 2019, 05:37:15 AM

Quote from: Unblock_news on February 28, 2019, 03:15:25 AM

Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

Why don't we ask him this question? For whom is crypto designed to? Does animals know the logic on how to use it? I don't believe on what this Anthony Pompliano says about crypto though.

I guess he is just trying to say that the operation of cryptocurrency using blockchain technology can really be quite comprehensive for humans and only machines can operate it very well, despite the experts we all have in the use of this blockchain technology, I doubt if their level of understanding of its usage is still up to 20%.

This is why majority of those who are using blockchain technology on thinks it is a solution to making more money but it is way beyond that, I doubt if the satoshi we have been hoping to meet is even human, because I wonder how he could single handedly write the blockchain code and hasn’t ran mad, only machines would have done such better job.

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Quote from: Ranly123 on May 11, 2019, 05:37:15 AM

Quote from: Unblock_news on February 28, 2019, 03:15:25 AM

Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

Why don't we ask him this question? For whom is crypto designed to? Does animals know the logic on how to use it? I don't believe on what this Anthony Pompliano says about crypto though.

If you read the article, you can understand.

Quote

The reason it is so hard for so many humans to understand crypto assets is because these assets are not for us. They are being built for the machines. Pompliano said.

He made a point here and I think if you read the article, you have read this. He also said that,

Quote

Machine to machine transactions are the future. In order for that to occur in a borderless, digital world digital world need units of value that are truly digital (not physical and not electronic representations of physical values. Crypto provides a number of advantages for this,

So yeah, that might answer your following question if you have one. It is obvious that animals will not be able to use it unless someone spends or waste their time teaching their dogs to use it.

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Quote from: Irvinn on May 11, 2019, 11:46:37 PM

Quote from: fiulpro on May 11, 2019, 05:00:10 PM

Then what are they made for ?
Machines ?
The artificial intelligence?
Robots ?
I don't even think what could they do with the money they would make.
They are made for humans but quite often they are not presented in a good way , in a way that makes most of them trust it more , it's not something that is very complicated very hard to understand but it depends on the source you are learning about it from
Therefore what he meant was maybe humans needs to increase their scale and then get to know about them in a correct way , not from a news channel!

Cryptocurrency was created as an alternative means of payment to the existing existing payment systems. This means that it was created as money. In my opinion, money machines are not needed. Cryptocurrency, of course, is still quite perceived by ordinary people from the point of view of its practical application. They do not need to know the cryptocurrency technology. In addition, the cryptocurrency continues to improve and simplify.

It got to be an alternate payment source after years. Earlier bitcoin evolved as a simple payment token and further it got to grow slowly and gained multiple usage. This multiple usage made people to think more about bitcoin as an alternate to the traditional system. The technology is given preference as the world is in need of such an innovation as more needs can't be met by the common traditional fiat system. Crypto is truly meant for human from Satoshi perspective.

Topic: ‘Crypto not meant for humans’ says Anthony Pompliano (Read 856 times)