Topic: Cryptocurrency is too complicated - page 9. (Read 1771 times)
Yeah, because banks and its questionable mechanics are crystal clear... I do not think that crypto is too complicated: basic functions of many wallets are absurdly easy to understand and intuitive. No one wants you to learn how does cryptography behind it work- not at all (interest, however, can lead you towards it and it would be a plus). I doubt that people know how banks work- they would not hold their money in there. Cryptocurrencies allow users to actually hold their own money. The world is not heading in a right direction and importance of such technology might be incalculable in a ,sadly, near future.
Cryptocurrency for me is not too complicated, it is too scammed and too manipulated. The complexity does not matter for the simple people
as partisan with the business moves as higher to work on schemes to apply strategy the use helps as disposing rejection and distinct of template to returns as the finest on reference of expends on examination.
Cryptcurrency is still too hard for average person to understand and use effectively. Even experienced crypto investors have lost coins through mistakes. It will take some time for crypto to be as easy as using a credit card.
Average people tend to understand the complicated techological inventions in years. After the end of the cash payments everyone will learn the future of cryptocurrency and its features. 
Cryptcurrency is still too hard for average person to understand and use effectively. Even experienced crypto investors have lost coins through mistakes. It will take some time for crypto to be as easy as using a credit card.
It takes a few more years for humanity to learn how to use cryptocurrency in a wide field of activity. I think this is at least 3 years.
Cryptcurrency is still too hard for average person to understand and use effectively. Even experienced crypto investors have lost coins through mistakes. It will take some time for crypto to be as easy as using a credit card.
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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.
this is your opinion bro, though i do agree with you to some extent, crypto payment arent that complicated, if the average person can be able to operate a smartphone effectively, then why should they find crypto payment complicated or too hard to understand ? crypto is way easier but the averaage persons as you said just need some little training and they should be good to go Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
It is not too complicated and it is improving day by day. It becomes more user friendly with faster transactions and more secure. Stable coins also offering solutions for merchants to solve volatility issue they have.
The improvement is enabling easier use for both new entries and old members. In the case of security, hardware wallets are available and numerous exchange as well
Cryptocurrency is truly complicated so it's important that if we enter to crypto we need some knowledge so we can survive here and we need to learn everything. So we can't disappointed in down time in crypto.
Because it is too complicated to make a lot of coins die, this is what makes us have to be selective in choosing coins, coins are often used for scams so that the market is still red.
It is not too complicated and it is improving day by day. It becomes more user friendly with faster transactions and more secure. Stable coins also offering solutions for merchants to solve volatility issue they have.
Yes, it is. People who think that it is complicated only if they don't want to learn the basics of using cryptocurrency. I think they only need how to send the money, what is the wallet, and it's enough because, after that, I am sure that they can be able to send the coin to another wallet. They don't need to learn more if they don't want because they only learn for what they need.
If someone new watch some videos and read some article and test with small amounts will teach how to use crypto, and after will be very easy for them to use, even more easy than make a bank transfer.
By watching alone it will not help them understand easier. Crypto is new to this world since in general we only have 1% of user in the entire population, so without interest it will be hard for a simple individual to understands. Maybe watching videos is just a first move that will gain attention, but further research is required.
If someone new watch some videos and read some article and test with small amounts will teach how to use crypto, and after will be very easy for them to use, even more easy than make a bank transfer.
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 disagree with this school of taught.. Blockchain technology might still be in its infancy In terms of adoption but by no means is it at the same level with traditional fiat system of payment.. I think u are not realy exposed in the crypto-space please do try out xlm interstellar app and some other payment solutions available in the blockchain space and you will be fascinated with the ease, bumper load of additional functions and lastly high performance in carrying transactions Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
It is not too complicated and it is improving day by day. It becomes more user friendly with faster transactions and more secure. Stable coins also offering solutions for merchants to solve volatility issue they have.
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.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
People don't need to understand the backend of bitcoin, they only need to understand two things:
1.- Whats a wallet.
2.- Whats an addy.
With that, anyone can use bitcoin as they want without problems. Just to get the point, you don't need to understand how the motor works to drive a car, you only need to understand how to start the engine, how to shift and how to turn.
Cryptocurrency is truly complicated so it's important that if we enter to crypto we need some knowledge so we can survive here and we need to learn everything. So we can't disappointed in down time in crypto.
Because it is too complicated to make a lot of coins die, this is what makes us have to be selective in choosing coins, coins are often used for scams so that the market is still red.
This is everyone's first encounter and perception of cryptocurrency especially when no one told you about it. Once anyone stays here for 2 or 3 months with constant study, cryptocurrency isn't that complicated.
The weaknesses of newcomers when they first join the electronic world but are happy to pass all the odds, won and won in electronic money. Maybe because you have not yet thought think it is complicated, for many people is an opportunity.
Cryptocurrency is still in early stages of development and adoption just like the internet was in early nineties. All kind of common user-friendly solutions will appear in future to help with mass adoption.
The truth is that cryptocurrency is complicated and I believe crypto education will solve this to an extent. Despite being in crypto for a while, I bet there are still many people in the space who still don't understand the word "blockchain" which forms the basis of cryptocurrency. The crypto entry point is difficult for a common man, but once established in the system, it becomes easier. I think cryptocurrency will find its balance and will be simple and straightforward like ABC.
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