Cryptocurrency is too complicated - page 18.

semes

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Quote from: motun01 on March 12, 2019, 09:20:05 AM

Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.

Cryptocurrencies transaction is so simple I think. It is also transparent and traceable. I think it is much more reasonable to use crypto in corporate transactions rather than individual transactions.

Indrawan77

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I don't think it's complicated, even a teenager can used it, you just need a wallet to do transaction and you don't need to fill any form or being asked any questions when you want to do transaction, we don't necessarily need to understand how blockchain or technical stuff to do transaction, we put the address, put the amount, click the send button and wait for the confirmation, its that simple

Idoe

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It looks difficult and complicated for those who have not studied crypto and blockchain, but after knowing and understanding, positive things will be obtained and will use them well. Management of personal assets is more effective and safe if the owner is able to manage them wisely, must be able to do it and for future developments.

cizatext

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Cryptocurrency and blockchain may be difficult if only you have not taken you time to learn how it works and how to use, the 21st century technology have been made very simple for all to use. It may look difficult when you have not study it but as soon as you have an adequate knowledge about it you will fine it easy.

VanDeinsberg12

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Quote from: motun01 on March 12, 2019, 09:20:05 AM

Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.

Basically before try to use and a newbie needs to get some education about blockchain but i understand about what point of yours. but blockchain will try to remove the middle party. some people have used it to buy gift card, voucher or something else and it's all working smoothly.

Red-Apple

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Quote from: motun01 on March 12, 2019, 09:20:05 AM

... are very complicated for the average person to use.

you are mostly wrong.
i say mostly because part of it is true, all the altcoins are very hard to use for average person because none of them has ever focused on usability, and they have all put all their efforts and focus on pumpability so that they can make the most amount of profit.

but when you speak in general you are also including bitcoin and bitcoin is not hard to "use" it is instead hard to "understand" like everything else! nowadays with all the services and the infrastructure built on top of bitcoin it is super easy even for the elderly to use bitcoin.

Cat Coin

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We do not need to understand how blockchain technology works in order to use Cryptocurrency payments, simplicity, reliability, convenience, stability should appear. Therefore, I support programs aimed at these goals.

AltcoinsBattle

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Quote from: Dacosta Osei-Tutu on March 12, 2019, 11:28:31 AM

The only people who would see blockchain transactions as complicated are those who don't like learning. I used just one day to explain the processes to my girlfriend and she was able to understand and start blockchain transactions from there.

But there are many such people.
It is therefore very momentous

Quote from: go4crypto on March 12, 2019, 11:17:47 AM

When the internet started, it remained in the domain of academics and scientists for over a decade. It become mainstream after Netscape launched the first browser and started the www revolution. Cryptos are still in early stages and next few years are going to see all kind of new user interfaces to make mass adoption possible.

And, of course, people have to find out how good it is compared to using centralized services.

Lakai01

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The technical solution behind cryptocurrencies is way easier and uncomplicated as eg. SWIFT. But you are right, the handling for the average user is still too complicated. Additionally, such users trust their bank and thats it, they would never use CC platforms to send money

Amalker

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You are right, but many apps and services (especially on ETH) appeared on mobile devices and desktop, which are pretty simple. But it's not enough and I hope we will see a lot of new interesting and user friendly casual services.

greenclub09

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Quote from: motun01 on March 12, 2019, 09:20:05 AM

Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.

i think you are right, crypto transactions nowadays are very complicated, especially waiting time for confirmations, most of cryptocurrencies are taking so much time to complete a transaction, so unless we can finish this problem, we will not be able to use cryptos in daily life soon.

proTECH77

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Quote from: Dacosta Osei-Tutu on March 12, 2019, 11:28:31 AM

The only people who would see blockchain transactions as complicated are those who don't like learning. I used just one day to explain the processes to my girlfriend and she was able to understand and start blockchain transactions from there.

Agree, learning is the solution toward your understanding of the Blockchain transactions which without will be more complicated than OP. Before i came into the ethnology, it took me finance to bu more books that talked about the technology before swinging into it, to avoid discouragement. Caution: Ensure you get the appropriate books for the technology or google some articles concerning the technology to equip your self with to avoid discouragement.

Capt00

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Quote from: Dacosta Osei-Tutu on March 12, 2019, 11:28:31 AM

The only people who would see blockchain transactions as complicated are those who don't like learning. I used just one day to explain the processes to my girlfriend and she was able to understand and start blockchain transactions from there.

And perhaps that's the reason why OP said that cryptocurrency is complicated because OP did not have enough knowledge on crypto or a blockchain technology on how to works. Blockchain technology is not as complicated as what I have understood because it has transparency in every transaction has.

makerst

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It really is not easy, but it is not. But after all, they have a lot of things simple, if you try to put everything on the shelves, you will understand what I'm talking about. It seems to me that now there are so many guides where you can deal with this.

XCANA

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There are series of reasons that could cause your investment into loose, which might be from: lack of research into that cryptocurrency you invested in, lack of market strategy in cryptocurrency investment and above all, being a panic cryptocurrency investor. These were my weakness when i was new into the world of cryptocurrency but happy that am through from all odds, came out victorious and winning in cryptocurrency.

Dacosta Osei-Tutu

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The only people who would see blockchain transactions as complicated are those who don't like learning. I used just one day to explain the processes to my girlfriend and she was able to understand and start blockchain transactions from there.

mrdeposit

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I do not think it might be a reason not to use blockchain and crypto. If there are seminars about this, why would noone know? If there are problems with addresses, it is possible to write names instead of addresses in most exchanges and blockchain. Also, if accepted, you will not need to exchange crypto to fiat, and it will be very easy.

go4crypto

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When the internet started, it remained in the domain of academics and scientists for over a decade. It become mainstream after Netscape launched the first browser and started the www revolution. Cryptos are still in early stages and next few years are going to see all kind of new user interfaces to make mass adoption possible.

oho

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I doubt that every person at the moment understands how electronic payments go through the banking system! And I don’t understand why people need to understand the technical side of this process! We drive cars, use smartphones, computers, but few understand how they work! We only know that it is convenient and fast!

The Cryptovator

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Why do you think crypto-currency is too complicated? I think you have not enough knowledge about cryptography and decentralization. It's true whoever don't know about crypto-currency it's complicated for him. You have to learn first before use this. Can you imagine how easy become money transfer everywhere you want. No need any third party and fully decentralization. That's why we need share each other about crypto-currency.

Topic: Cryptocurrency is too complicated - page 18. (Read 1785 times)