Cryptocurrency is too complicated - page 4.

Amalker

sr. member

Activity: 826

Merit: 250

Quote from: motun01 on March 12, 2019, 10:20:05 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.

It is complicated for a regular user and first time hard to understand how it works. But Ethereum ecosystem now is not so complicated and have many user-friendly services.

trudovik

member

Activity: 546

Merit: 10

Yes, it is not easy and in comparison with fiat shares it is terribly easy. You have to understand that today there is not so much regulation here, but there are also a lot of manipulations.

TWW

full member

Activity: 1456

Merit: 109

Quote from: Ngewex Yuk on March 29, 2019, 10:21:40 PM

For now the most problem thing is introducing the public to buy and use crypto, if we make crypto we can study a month because the source code can be learned on github, but to convince investors to buy crypto is certainly the hardest thing.

learning to introduce crypto to society is possible for us to do. but to make people use it very difficult, what would crypto be used for in this life? because so far most crypto is only for digital assets traded on the market or only for investment assets. not much use in the community.

Jaggi90

copper member

Activity: 476

Merit: 0

Crypto currency is complicated but it's not difficult to learn and understand. Once you start to learn and understand crypto , you will realize that crypto is the future of digital economy.

Ngewex Yuk

sr. member

Activity: 1190

Merit: 250

Quote from: Jan_Vl on March 29, 2019, 09:50:25 PM

I agree with the author, blockchain and cryptocurrencies are two complicated things for an average person without proper education. But I can say that if not to get into details, those things are not that complicated: you just need a wallet and a private key.

For now the most problem thing is introducing the public to buy and use crypto, if we make crypto we can study a month because the source code can be learned on github, but to convince investors to buy crypto is certainly the hardest thing.

Jan_Vl

newbie

Activity: 112

Merit: 0

I agree with the author, blockchain and cryptocurrencies are two complicated things for an average person without proper education. But I can say that if not to get into details, those things are not that complicated: you just need a wallet and a private key.

fuer44

sr. member

Activity: 1638

Merit: 262

therefore, if it is intended for everyone, crypto must be simplified in terms of transactions. I'm sure new people or the first people who enter must be confused when entering the crypto or exchanger market. must be made simpler, for example, just one click and the transaction is complete.

kolitski

member

Activity: 518

Merit: 10

It is really not easy to understand how the cryptocurrency it works it is too complicated specially when you are newbie here in crypto industry, you need a person who are have more experience in cryptocurrency specially when you go in trading and investment.

jumiapaul

copper member

Activity: 336

Merit: 3

The idea of cryptocurrency being too complicated is the view of most people outside the industry. I was also guilty of that assumption before joining the cryptosphere. The truth is that cryptocurrency is not complicated, it's just a different way of doing same things we know about. Sending, receiving and carrying out transactions are not complicated, but rather peculiar to our conventional method.

Burogh

member

Activity: 644

Merit: 10

COVIR.IO

Quote from: simpelplan on March 29, 2019, 07:38:38 PM

not yet, but I'm sure that in the end there will be a solution to make it simpler and when the solution is found most people will leave the conventional currency and switch to using crypto as their transaction tool, let's wait because it will happen

Technology always improve and make people more easy. If mass adoption happen, i am believe people will adapting on cryptocurrency and use it for transaction in merchant. I think its about habits and people will always adapt on new technology

OneCoinMan

member

Activity: 644

Merit: 12

Alternative investment banking platform

Just think. What for? Think about why graphene is not used today? Because it is just inconvenient: you need to replace all the equipment, change all the standards. It will be WORSE. Think about it. How and why to implement cryptocurrency today?

simpelplan

jr. member

Activity: 407

Merit: 2

SmartFi - EARN, LEND & TRADE

not yet, but I'm sure that in the end there will be a solution to make it simpler and when the solution is found most people will leave the conventional currency and switch to using crypto as their transaction tool, let's wait because it will happen

TomArayaSlaya

member

Activity: 812

Merit: 10

https://hovr.site/

Is actually the simplest thing in the market to actually use these days i mean is fast enough no boring process no restriction why do you thing the whole scene is still managing to push through is basically its nature that makes it so man decentralized ledger

FastSlots

hero member

Activity: 1008

Merit: 500

Quote from: motun01 on March 12, 2019, 10:20:05 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.

right. When applying a new technology, you will feel uncomfortable and don't like it. But it is technology of the future 4.0, sooner or later it replaces it all. You must accept and adapt to it.

Perfect35

member

Activity: 854

Merit: 10

Cryptocurrency is just an alternative to fiat. It might not outrightly replace fiat. We might get to a stage, depending on the extent to which crypto has been adopted, it might be the mostly used.

Buzhou

member

Activity: 199

Merit: 10

This is true even to the thought that people are eager to use cryptos or to be part of it.
So in that case how about institutions or projects that might specialize in serving the mass?
From the moment that major institutions or major bodies admit Cryptocurrencies as a product and service,
this scenario will change rapidly, because people have quick allocation and adaptation capabilities.
At this point one of the factors that affects the price is that they are trying to take control of the cryptos of people who understand a little of the subject and who own large portion of the market.

zhengqi

member

Activity: 632

Merit: 60

Very soon it will be for us in the order of things. Crypto exists relatively recently and therefore it takes time for people to adapt and get used to it. Soon it won't seem difficult for us.

chanc3r

sr. member

Activity: 952

Merit: 253

Quote from: axel2078 on March 29, 2019, 06:37:26 PM

No I don't agree. Cryptocurrencies are actually easy to use. I think the complicated nature of cryptocurrencies is the services on which it is launched on. And this services will be enhanced in the future as mass adoption will surly come.

He literally said that cryptocurrency is easy to use but in the technical side it is too complicated. Well, so does with any credit card or debit card mechanism, they are so complicated if we look into the technical aspect but really easy if we just use it.
I'm sure that when mass adoption is coming people would easily understand how to use cryptocurrency.

mrdeposit

hero member

Activity: 1358

Merit: 509

Quote from: Eildosa on March 29, 2019, 04:17:19 PM

I can't say that cryptocurrency is too complicated. It is difficult to understand it and blockchain technology. But using crypto is very easy, so if we raise the awareness of other people about crypto it will very quickly infiltrate our lives.

Cryptocurrency differs from the traditional currencies so far. And considering their positive side, it is more useful. In addition, today's situation causes confusion. As the adoption becomes stronger, we will face a much different situation.

axel2078

full member

Activity: 532

Merit: 100

No I don't agree. Cryptocurrencies are actually easy to use. I think the complicated nature of cryptocurrencies is the services on which it is launched on. And this services will be enhanced in the future as mass adoption will surly come.

Topic: Cryptocurrency is too complicated - page 4. (Read 1726 times)