Is bitcoin difficult to understand - page 11.

GeorgeJohn

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Quote from: claire_lovely on October 02, 2020, 09:10:17 AM

For transaction and usage, it isn't too hard to understand although it does take some more effort than transacting USD.

As far as the inner workings and protocols I think it becomes much more complex. There are still many details of mining and the blockchain that I don't fully understand, but I understand the general idea of a distributed ledger where you control your private keys.

Having transactions in bitcoin does not mean that you have understand bitcoin properly, because majority in the forum who are extremely good in analysing cryptocurrency especially bitcoin they still learning bitcoin in another measure because
Bitcoin is like school or education, looking at it very you will comprehend that no one is the master of encyclopedia, even professors also research for things them don't know.
Is not that I'm condemning the fact that you don't know the basic concept of btc but notice that bitcoin is broad to study in two months.

worldofcoins

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Quote from: Celebrityfarmer on October 02, 2020, 10:07:12 AM

With my experience learning it’s quite obvious that it’s a simple concept to understand if you take time learning about it and not rushing the process. We the community make it look like learning about bitcoin is a very hard thing to do and this discourage new users who would had picked interests in the currency. Sending and receiving bitcoin isn’t difficult but the other areas that are very hard to some extent.

Bitcoin is hard to understand for those who don't take an interest in it.
At first, I thought it would be hard but later I started taking interest in bitcoins.
I learn to use bitcoins from YouTube, Blogs, and some other websites.
You just need 3 steps to understand it. First, open a wallet, Second buy bitcoin, and move your all coin into your wallet, the third holds you bitcoin as long as you can.
The more you hold the coins the chances to take benefit.

oprahwindfury

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This is actually a point to disscuss.Simple solution is ,'Bitcoin' and its details are in whitepaper.Another option is here if someone wants to learn a fix part then,several FAQ and answers are here,
https://www.coindesk.com/learn
Learning bitcoin is a very easy task,though a guide or an experienced person can be more helpful if the words were a bit difficult for you.Translator will also be a good thing to make you understand about bitcoin in some cases.

Celebrityfarmer

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With my experience learning it’s quite obvious that it’s a simple concept to understand if you take time learning about it and not rushing the process. We the community make it look like learning about bitcoin is a very hard thing to do and this discourage new users who would had picked interests in the currency. Sending and receiving bitcoin isn’t difficult but the other areas that are very hard to some extent.

claire_lovely

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For transaction and usage, it isn't too hard to understand although it does take some more effort than transacting USD.

As far as the inner workings and protocols I think it becomes much more complex. There are still many details of mining and the blockchain that I don't fully understand, but I understand the general idea of a distributed ledger where you control your private keys.

GeorgeJohn

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Quote from: gurjasmeetsingh on October 02, 2020, 08:24:06 AM

I think lot of people have working is only for good earnings. I can say we have worried about any type of work,for example learning the bicycle. Many different types of problem create.but we should be aware and take interest & make good knowledge about btc.then we covered the prblems will be create in future. It's my opinion.

Yeah,actually while some persons worked is because of profit, everyone needs profits in his work, shall we most be conscious and also be determined to achieve our objective, because anyone who have the passion to learn bitcoin will definitely learn it better,is not that btc is very very rigid to understand but is all about attention.

molsewid

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Quote from: verita1 on October 02, 2020, 08:09:44 AM

My mom just turned 66. She likes to learn things on You Tube, she also likes to read the Bible, I think that a video directed at them or Textbook could be ideal for learning about Bitcoin. She has also learned to use a Smartphone and Tablet with my help. By this I mean that we must be patient with our family members to teach them what Bitcoin is and how to use it.

Agree, Patience is what we need to teach elders to use bitcoin and other crypto-currency. As long as the person is interested in knowing something, there's no impossible to learn right now using the internet. Bitcoin is not hard to study compared to other topics. So I think it depends on the person who wants to learn it if he's too interested or not. Some people hard to acquire it because they can't see the benefit of using it, or they just don't need it

gurjasmeetsingh

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I think lot of people have working is only for good earnings. I can say we have worried about any type of work,for example learning the bicycle. Many different types of problem create.but we should be aware and take interest & make good knowledge about btc.then we covered the prblems will be create in future. It's my opinion.

verita1

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My mom just turned 66. She likes to learn things on You Tube, she also likes to read the Bible, I think that a video directed at them or Textbook could be ideal for learning about Bitcoin. She has also learned to use a Smartphone and Tablet with my help. By this I mean that we must be patient with our family members to teach them what Bitcoin is and how to use it.

Maroons

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Quote from: 0t3p0t on October 01, 2020, 11:57:12 PM

Quote from: GeorgeJohn on September 11, 2020, 09:07:45 PM

Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

No need for a textbook mate if we really are interested in learning things. Doing our own due diligence makes us a better learner. Tons of videos on youtube educating people on how Bitcoin works and what really is Bitcoin itself, it's uses, pros and cons of having Bitcoin as an asset. Even when I was a newbie, I was a little bit in doubt, bothered and of course afraid of losing something but as time passes by I learned a lot most especially here in this forum. Better bring interested people here to local boards where they can found local community that are sharing ideas and experiences.

Honestly i think you'll learn more of you ise videos and articles here on the internet specially when you are a complete newbie, having someone explain it to you will catapult you to a higher level of understansing cryptocurrency as a whole, another example is forums such as this forum where you can virtually talk or discuss tons of people from all over the globe, textbook will limit you from in my opinion but you will still learn but i also prefer the internet than textbooks

witcher_sense

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Quote from: semobo on October 01, 2020, 03:09:26 PM

But books are not necessary to learn about bitcoin, just a common internet knowledge is enough in my opinion and also they need to have the knowledge of how money works or else people will never understand decentralization and other things.

Internet knowledge regarding bitcoin and cryptocurrency only scratches the surface, it won't give you a deep understanding of how underlying processes occur and work. Bitcoin is difficult to understand because it is built upon plethora of scientific disciplines, no one in this world is able to fully master them all. What you can do is choose something you are interested in and start reading books written by experts of a given field. Also, a person who really wants to know about bitcoin should not consume news published by empty-headed media and ignorant journalists. It is just a waste of valuable time.

oliviarobert

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Bitcoin can be difficult to understand but bitcoin is simple when you know how it works. You just need basic information to use bitcoin. There are so many online tools that can be used now. there are many ways to learn cryptocurrency.

0t3p0t

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Quote from: GeorgeJohn on September 11, 2020, 09:07:45 PM

Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

No need for a textbook mate if we really are interested in learning things. Doing our own due diligence makes us a better learner. Tons of videos on youtube educating people on how Bitcoin works and what really is Bitcoin itself, it's uses, pros and cons of having Bitcoin as an asset. Even when I was a newbie, I was a little bit in doubt, bothered and of course afraid of losing something but as time passes by I learned a lot most especially here in this forum. Better bring interested people here to local boards where they can found local community that are sharing ideas and experiences.

boyptc

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Quote from: chanler on October 01, 2020, 04:07:23 PM

It would be a good idea to create this specific guidebook on bitcoin.

A lot of guides were published on the web.

You only need to search for them and see which is the best for you.

Quote from: chanler on October 01, 2020, 04:07:23 PM

Because it is quite difficult to explain bitcoin to ordinary people. If we just tell stories, not necessarily people will believe. Moreover, those who think that bitcoin is a scary investment and very close to a loss.

We're here to explain to them what bitcoin is and if they don't believe with what we say, facts or stories, it's up to them if they will absorb what we say.

Debonaire217

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For me, for the base knowledge in cryptocurrency and bitcoin, our forum is the best place to start with.

The way I learned in bitcoin starts here, and if I can't understand a term, I just google it and go back to the discussions here.

Perhaps, the opinion of every member here is different, so you can distinguish over time which learning to absorb and discard.

Janation

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Quote from: ?? on ??

Bitcoin isn’t hard to understand its a function of interest one puts in that determine the level of understanding.bitcoin is a legal and most countries round th word accepts it. So the knowledge of bitcoin is not hidden. Like I said initially it’s a function of choice of the individual.

This actually depends on the people.

As you said, the level of the understanding of the person or an individual to Bitcoin or maybe cryptocurrencies is determined by how interested they are. The more we are interested in a certain thing, that also means the higher understanding or knowledge we have on that.

goolesby

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In an increasingly advanced era, I think it's easier to find information about bitcoin. Even if we want to read articles about bitcoin, of course there are also many. The point is we just want to find information or not. For common people, of course, direct guidance is needed. Because many people do not immediately understand it just by reading.

n0ne

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Rather than learning one must believe, because it took me a hour to understand what is bitcoin. Further I learned about altcoins. I'm not mentioning it from the technical knowledge, I understood it as an alternate to the fiat which doesn't have any physical presence. It can only be experienced virtually, but the same when I tried to convince people aren't ready to accept.

That's why I said rather than learning one needs to believe, if one is ready hardly within a hour an user who has got knowledge to use a computer can understand.

malikg18

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If we have sound knowledge about its previous history, its supports and Resistances then it is not so difficult to understand Bitcoin. understanding Bitcoin needs continuously learning.

Ezmael Wright

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For the first, bitcoin is hard to understand and other cryptocurrency, we need time to understand it because some people hard to learned but they like crypto. So I suggest to research if they want to learn it and reading and following some people who can good to explain. If you give it a time, I'm sure you learned it.

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