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Topic: ‘Crypto not meant for humans’ says Anthony Pompliano - page 4. (Read 833 times)

hero member
Activity: 798
Merit: 527
I understand crypto is kind of hard for many to understand, but I disagree with Anthony pompliano.
Humans can use crypto equally very well and it is not only designed for machines.

It is only kind of difficult for humans because schools do not really teach what money really is.
The worlds education system do not adequately prepare students for solving real words problems.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
Article is a little creepy. It's interesting nevertheless

Well, people didn't have hard time understanding cryptocurrency when they made money from its huge price increase in the past. It wasn't boring at all back then. Anything that rewards people encourages them to understand how it works. Remove the rewards and I can assure you nobody will willingly learn the technical sides.
I remember back then then how many users knew what decentralization/blockchain was about. Even a singer called Kanye West screamed "Decentralize" on his Twitter post then
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
I beg to differ, I think dollar not meant for humans, because no matter I work so hard for it, I would have no money, no balance in my bank account, but I have millions in debt, debt in dollars, if dollar are meant for human, I would have millions in my bank.
hero member
Activity: 784
Merit: 502
Yes it is not for the people ,"sheep herd".

It is only for the people who have thinking ability from the other people,so who don't want to get out from their comfort zone will never able to understand cryptos,they will just stick with fiat and will be a slave forever.
hero member
Activity: 1596
Merit: 502
If crypto is not meant for humans then who did he think will use it ? Animals ?  lol  , the guy must be joking  .  yes crypto is hard to undestand but thats normal at first .  almost all of us did gone thru that point but look at us right now , we can now call our selves veteran but not pro because pro means you understand all aspects around blockchain not just crypto but then again they are not easy and user friendly . they are only for advanced users that have experienced on computer development  .
I think cryptocurrency has been created from 2009 but not many people know and the only problem is that people who are often involved in the internet can find out what cryptocurrency is, and now there are more digital developments that make the cryptocurrency name a lot known by many people.
full member
Activity: 938
Merit: 105
What he said got the correct point, some people that I introduce to bitcoin are having difficulty to understand about crypto, especially when it is already about the technical things like block, mining pool or something like that, but if the person willing to learn and want to simplify it then they could understand about it, because bitcoin technology is still new so it need time for them to understand well
So, this is not meant that cryptocurrency not meant for humans? Maybe people take some time to understand how blockchain it works, how blocks it works per transactions or how you can create a wallet for your Bitcoin storing just something like that. Here is my conclusion to people that they think Bitcoin is created for only have a profit but they didn't know the entire technology how works blockchain is. So, they need to understand it.
full member
Activity: 1750
Merit: 118
If crypto is not meant for humans then who did he think will use it ? Animals ?  lol  , the guy must be joking  .  yes crypto is hard to undestand but thats normal at first .  almost all of us did gone thru that point but look at us right now , we can now call our selves veteran but not pro because pro means you understand all aspects around blockchain not just crypto but then again they are not easy and user friendly . they are only for advanced users that have experienced on computer development  .
legendary
Activity: 2366
Merit: 1206
Ain't know what is the purpose of that man, or he just trying to get attention to others and make his self get well known to others it just because of the no sense tweet on twitter. Ain't sure if cryptocurrency was not meant for humans but crypto/blockchain technology was worked through humans by making a ton of transactions every minute. For how many years bitcoin existence I think more and more people getting knowledge on how blockchain technology works.
legendary
Activity: 2576
Merit: 1655
What he said got the correct point, some people that I introduce to bitcoin are having difficulty to understand about crypto, especially when it is already about the technical things like block, mining pool or something like that, but if the person willing to learn and want to simplify it then they could understand about it, because bitcoin technology is still new so it need time for them to understand well

But they don't really need to go to that technical narratives so learn how bitcoin or blockchain technology functions. They just make things complicated for themselves, specially if they are not technically inclined in the first place? Crypto existed in the last 10 years or at least bitcoin that people already learn some technical stuff one time or another when dealing with it.
hero member
Activity: 1274
Merit: 516
What he said got the correct point, some people that I introduce to bitcoin are having difficulty to understand about crypto, especially when it is already about the technical things like block, mining pool or something like that, but if the person willing to learn and want to simplify it then they could understand about it, because bitcoin technology is still new so it need time for them to understand well
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.
I am not sure who he is and had to google him to find out who he is and his credentials  Tongue. Many people will tell their opinions, may be he thinks that it is difficult for asses to learn about crypto assets Cheesy . There are a ton of things for a common man to understand when it comes to this market, some people find it difficult to understand basic things and it is no ones fault, with time we will see more secure front end applications that will help every noobs that are interested in bitcoin.
legendary
Activity: 1806
Merit: 1521
I think he's right.

I find it very strange how rarely machine to machine payments are mentioned when it comes to all this. The likelihood of grandma using it is far lower than her vibrator using it some day.

Soon enough there'll be trillions of sub micropayments flying back and forth per minute that were totally unaware of. Trustless, programmable and permissionless all feel like it was made for such a thing.

For what though? Why would anyone possibly need that many micropayments? It sounds like you've bought into the IOTA narrative. I'm not totally convinced yet. Cheesy
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
For who does is meant to be then? Is their a creature or any that might satoshi nakamoto knew that might come to use this p2p payment, from another world or planet? He who made that statement is a dumb person that do not know how the crypto society works. Talking and babbling wrong information might mislead to newcomers or investors or worst case won't hell bothering to do so.
hero member
Activity: 3010
Merit: 629
IMO this is an easy concept, similar to the internet. Humans Users don't have to know about TCP/IP & HTTP to use the internet.

I'm pretty sure that wallets will get more and more user-friendly so that users don't even know they are using blockchain/cryptocurrency.
Indeed. You dont need to have a special skills or huge knowledge to be able to use crypto, you just need to create a wallet, buy your chosen cryptos and store it. Its not hard to understand and not requiring users to have an edge to others.

Crypto is meant for humans to give us convenience thus I dont agree on what Pompliano stated.
hero member
Activity: 1764
Merit: 584
IMO this is an easy concept, similar to the internet. Humans Users don't have to know about TCP/IP & HTTP to use the internet.

I'm pretty sure that wallets will get more and more user-friendly so that users don't even know they are using blockchain/cryptocurrency.

This. All I know is I put in my password and connect. Same with my credit card, I swipe my card and sign the slip.

Bitcoin does requiere a bit more knowledge about it to use but most of the technical stuff can be ignored. One can go through life using bitcoins without having to work about those. Just put in the address and fee and send.
hero member
Activity: 2954
Merit: 683
IMO this is an easy concept, similar to the internet. Humans Users don't have to know about TCP/IP & HTTP to use the internet.

I'm pretty sure that wallets will get more and more user-friendly so that users don't even know they are using blockchain/cryptocurrency.
Well said and even upto now most people doesnt even know the in depth technical aspects of internet but they are already using it.Just like with
crypto, it isnt really necessary for you to have the fullest knowledge before you can use it, even the basic information and execution of the system will do as basic
as spending.The only fact that there are really people specially to those who lack of education will really have the hard time.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
IMO this is an easy concept, similar to the internet. Humans Users don't have to know about TCP/IP & HTTP to use the internet.

I'm pretty sure that wallets will get more and more user-friendly so that users don't even know they are using blockchain/cryptocurrency.
hero member
Activity: 3094
Merit: 929
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

Bullshit.Crypto is perfectly fine to be used by humans.Any technology that isn't user-friendly won't have any value at all.That's not the case with crypto/blockchains.If humans won't use crypto,then who or what will use it?Robots?Animals?Aliens? Grin
member
Activity: 239
Merit: 15
Haven't he realize that if it is not intented for humans then why do we have to understand it's uses and we are already using it as digital money and as online payments? Anyway, some point do make sense. Specially when Changphegzao told this to Anthony Pompliano, "the reason why people do not understand money well is because they are not being taught in schools".
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
When I try to understand his thinking, I think he says it for high frequency trading, because only robots make transactions at high speed, but this is not entirely true, the operators that put the money are human and a human has emotions, just with that, his theory falls. And if we add that it is a technology that causes a lot of motivation in people, that its transactions are very fast, that it is something that attracts, they will also move the market. And in my personal opinion, he does not know much about the speculative market, maybe he does not fully understand it, because this market was designed for humans.I think he does not know how to cope with volatility very well.
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