Is bitcoin difficult to understand - page 13.

GeorgeJohn

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Quote from: Taskford on September 12, 2020, 08:45:30 AM

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.

Not everyone loves to read book since majority right now is on the net and there are so many articles and youtube videos are truly helpful for people to understand on what is bitcoin and how it works. But I on the other hand I agree that there's a book related on this topic since its good to have an option to scattered the information about the bitcoins.

OK we are considering the fact, old adults who are not interested to use modern facility to study,those articles in net shall be interpret in another form in order to make them to understand and also trans copied into textbook.

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Quote from: btc78 on September 24, 2020, 02:59:06 AM

Quote from: GeorgeJohn on September 23, 2020, 10:21:34 PM

Quote from: The cure on September 23, 2020, 06:56:55 PM

I think if someone is interested in learning about cryptocurrency especially bitcoin, it is so easy to do. Because we are in the modern era, and with just a touch of our gadgets we can easily find what we want to know about.

What about those people that's not used of modern gadgets, which you and i, know very well their are people that does not like Internet,so how are we suppose to educate them concerning bitcoin only not even the entire cryptocurrencies.

are you serious asking this?if they are not interested in Internet so what more in bitcoin?and why do we need to educate them if they already lay cards of no interest at all?
you are just making things difficult if this is your perception lol.

this is not easy to understand for those not interested,but if you are looking for good investment then better choose bitcoin than other offering .

I agree with you and people should know that Bitcoin would only exist if the Internet is available since it these transactions are not just for local use. I'm sure there is still a way to entice people to learn about Bitcoin even without engaging modern gadgets and by providing them informative books would help them BUT learning Bitcoin thru the Internet is still better since it can be provided with experience by most users.

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Quote from: GeorgeJohn on September 23, 2020, 10:21:34 PM

Quote from: The cure on September 23, 2020, 06:56:55 PM

I think if someone is interested in learning about cryptocurrency especially bitcoin, it is so easy to do. Because we are in the modern era, and with just a touch of our gadgets we can easily find what we want to know about.

What about those people that's not used of modern gadgets, which you and i, know very well their are people that does not like Internet,so how are we suppose to educate them concerning bitcoin only not even the entire cryptocurrencies.

are you serious asking this?if they are not interested in Internet so what more in bitcoin?and why do we need to educate them if they already lay cards of no interest at all?
you are just making things difficult if this is your perception lol.

this is not easy to understand for those not interested,but if you are looking for good investment then better choose bitcoin than other offering .

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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 an article that guides bitcoin.

Your writing is not clearly understood, you may be trying to explain how a person can have a good idea about Bitcoin, that is, how new people will know about Bitcoin. You may have a good idea about Bitcoin if you want to. You may not have a very good idea about Bitcoin but if you search on the internet, youtube, and various search engines you will get a good idea about Bitcoin. You can see different blogs on different websites to get a good idea about bitcoin and other cryptocurrencies. One last thing I want to say is to pay attention to being an expert.

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Quote from: The cure on September 23, 2020, 06:56:55 PM

I think if someone is interested in learning about cryptocurrency especially bitcoin, it is so easy to do. Because we are in the modern era, and with just a touch of our gadgets we can easily find what we want to know about.

What about those people that's not used of modern gadgets, which you and i, know very well their are people that does not like Internet,so how are we suppose to educate them concerning bitcoin only not even the entire cryptocurrencies.

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Bitcoin and the other things related to it like trading, investment, and transaction are not hard to understand but this is broad there are a lot of things you need to learn how does it connect to each other. It's better if you will get experience too because all of the time you can adopt those changes in reading text books a lot of articles about this. I'm not a professional in bitcoin but most of the time I need to offer a lot of time just to make it on actual I'm not a person who understands the learning by just the book I'm more on hands-on.

Quote from: CODE200 on September 22, 2020, 06:00:58 PM

Better start of with the basics and step by step rise up the level of difficulty until you get into learning the complexities of it and then you can understand it. Thorough research would also make help to better understand Bitcoin.

Many of the newbies are jump off already to the hardest part of the bitcoin which is not a good choice they will not understand the basic and what are the origin and how does it work for it.
If you want to do this good luck on your path.

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I think if someone is interested in learning about cryptocurrency especially bitcoin, it is so easy to do. Because we are in the modern era, and with just a touch of our gadgets we can easily find what we want to know about. And for me there is no need to publish a book for it, most of the people now are already using internet even when reading the news. But it can also be happen to publish books for crypto, for people in the area who have not yet reached the internet, so that when the time comes for them to have internet they already have the knowledge about it.

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Quote from: int03h on September 11, 2020, 10:06:18 PM

Bitcoin is easy to understand for those who understand the nature of money and those who want to learn it. A book is redundant, just one video, it needs to be explained simply, intuitively, and easy to understand.
A cash-only person doesn't care what bitcoin does because he just likes cash and doesn't want to participate in things he doesn't understand.

This is a fun fact about a person. I won't generalize all but yes there are people who thinks like this. If you really are interested in crypto currency, you will research yourself all about it, and it is true that it will only take a one video explanation to learn what Bitcoin or crypto currency. After all, we all have this curiosity and we should use it for our benefit.

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Quote from: CODE200 on September 22, 2020, 06:00:58 PM

Bitcoin is not that difficult to understand if you will start on learning the basics first before starting to do any engagements that relates to Bitcoin because having no prior knowledge about anything do really makes it hard to understand it whether it is Bitcoin and other stuffs in this world. I think one of the reason why people find it so hard to understand Bitcoin at the first place is they are really not that interested on the concepts about Bitcoin for they really care and focus on just using it as a source of income and jumping into engagement without learning it first which results to fail outcomes. Also, some people are already jumping into complex and technicality concepts which is pretty good for advance attainment of knowledge about Bitcoin but if you want to understand it duly, better start of with the basics and step by step rise up the level of difficulty until you get into learning the complexities of it and then you can understand it. Thorough research would also make help to better understand Bitcoin.

Yeah it really depends on the level of IQ the learner has and also the interest of learner, because knowing the basic concept of bitcoin does not means that you can analyze bitcoin.

I seen that the only thing that will make human to understand bitcoin easily is to have a personal tutor that will analyze the concepts of bitcoin stanza by stanza. And also show soome evidence by using video as one of the criteria, because learning online without a tutor it will get long before a learner will comprehend BTC.

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Bitcoin is not that difficult to understand if you will start on learning the basics first before starting to do any engagements that relates to Bitcoin because having no prior knowledge about anything do really makes it hard to understand it whether it is Bitcoin and other stuffs in this world. I think one of the reason why people find it so hard to understand Bitcoin at the first place is they are really not that interested on the concepts about Bitcoin for they really care and focus on just using it as a source of income and jumping into engagement without learning it first which results to fail outcomes. Also, some people are already jumping into complex and technicality concepts which is pretty good for advance attainment of knowledge about Bitcoin but if you want to understand it duly, better start of with the basics and step by step rise up the level of difficulty until you get into learning the complexities of it and then you can understand it. Thorough research would also make help to better understand Bitcoin.

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Quote from: Silberman on September 22, 2020, 12:00:04 PM

I agree that we need to keep learning about bitcoin as much as we can but for the most part the average user of the future does not really need to worry too much about it as long as they have the very basics ingrained on their mind, another important concept for people to know is that they understand that there is no bank that has their back, if they lose their coins for the most part they are on their own which is why it is critical to learn to secure your coins properly.

The question how to keep bitcoin private keys safe is very important and, at the same time, highly challenging concept for average people to comprehend. Even those people who consider themselves security experts sometimes fail at storing bitcoin completely secure. Having to be responsible for own money scares people, self-custody is definitely not for everyone. However, before we dive into complexity of technical stuff, there is another interesting question that needs to be answered - why. Why bitcoin exists? Why would ordinary people keep it safe in the first place? From my point of view, people first should learn "ideological" part of cryptocurrency space in order to start valuing bitcoin. When they know why bitcoin has value, it becomes easier for them to store it properly.

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Quote from: Swordsoffreedom on September 22, 2020, 11:35:28 AM

Quote from: bitbunnny on September 21, 2020, 12:15:43 PM

From the pure technical point of view it might be hard for some people to understand Bitcoin, especially if they don't have previous knowledge about digital technologies. On the other hand it's not so hard to learn the basics and understand how it's functioning in practice. There are some simple ways to explain to majority of people everything they need to know about Bitcoin, even to the people who are not so technical.

I personally know a lot of people who do not have enough knowledge about BTC. But they are still investing on BTC market. I believe that before investing money in somethings, you must know about it well. And I agree with you that, learning about the basic of BTC is not that much hard. I think anyone can get a better idea of the basics of BTC if he read some articles about BTC and take a closer look at the rise and fall of BTC prices.

Yeah its true that many people invest in BTC while them don't have the basic knowledge of bitcoin, "Yes it happened " see those who invest in btc without knowing the concepts are determined to know it more better, in respective the lost that might occur, from the lost or profit which might occur during the investment will trigger them to know the rudiments of bitcoin and also know the methodology's to invest in bitcoin without double minded.

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Quote from: witcher_sense on September 18, 2020, 03:57:24 AM

Quote from: Silberman on September 17, 2020, 02:36:29 PM

The best part about bitcoin is that despite its complexity you do not really need to know about all of that to use it effectively, just take a look at smartphones, do people really understand how their smartphones work? Could they fix it if there is something wrong with it? The answer is no to both of those questions and yet people use this technology all the time and it has changed the world in the process, the same is true about bitcoin, as long as people know how to install a wallet on their phone and secure their coins properly that is all what they need to know to begin to use bitcoin effectively.

It is a common narrative and at the same time kind of misconseption. I partly agree with the statements that most people don't need to know all the complexity of bitcoin. They simply can never understand that bitcoin is more than a digital currency, it is rather a new paradigm, it is a combination of many disciplines: monetary history, game theory, cryptography, economics, to name a few. The main problem when it comes to bitcoin is that it cannot be compared to other technologies. Bitcoin is not just new asset to invest your money in. It is essentially evolution of monetary system, and that system is purely for people and being maintained by people. It is not for banks and governments, but for ordinary people who value their rights to free speech, self-sovereignty, private property, etc. Bitcoin is for people like you and me. In my opinion we must keep learning more about bitcoin, because it was created to address our problems. We must respect it and do everything in order for bitcoin to exist.

I agree that we need to keep learning about bitcoin as much as we can but for the most part the average user of the future does not really need to worry too much about it as long as they have the very basics ingrained on their mind, another important concept for people to know is that they understand that there is no bank that has their back, if they lose their coins for the most part they are on their own which is why it is critical to learn to secure your coins properly.

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Quote from: bitbunnny on September 21, 2020, 12:15:43 PM

From the pure technical point of view it might be hard for some people to understand Bitcoin, especially if they don't have previous knowledge about digital technologies. On the other hand it's not so hard to learn the basics and understand how it's functioning in practice. There are some simple ways to explain to majority of people everything they need to know about Bitcoin, even to the people who are not so technical.

I personally know a lot of people who do not have enough knowledge about BTC. But they are still investing on BTC market. I believe that before investing money in somethings, you must know about it well. And I agree with you that, learning about the basic of BTC is not that much hard. I think anyone can get a better idea of the basics of BTC if he read some articles about BTC and take a closer look at the rise and fall of BTC prices.

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Quote from: EMV on September 21, 2020, 10:01:59 AM

There is enough information on the Internet about what bitcoin is. I think it is necessary to study blockchain technology, as it will gradually be introduced into our daily life.

Yeah everyone is entitle to his opinions, we have to considered two factors as I mentioned previously that studying bitcoin online is good for the young adults and it will speed up to understand bitcoin more better by using YouTube's videos to learn cryptocuurrency especially bitcoin precisely, while old adults who are willing or desperate to comprehend the basic concept of bitcoin can't understand bitcoin through online because their not acclimatized with use of Internet.
We all known that it's obvious that bitcoin is easy and easier to study perfectly with the help of Internet but as old adults are involved manual text book is preferable from my perspective because the light on laptops will in dangers the vision of old adults.
I use this medium to recapitulates that educating old adults about bitcoin is preferable with use of textbooks while for young adults both online and manual textbooks are preferable for those that is interested to learn.

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From the pure technical point of view it might be hard for some people to understand Bitcoin, especially if they don't have previous knowledge about digital technologies. On the other hand it's not so hard to learn the basics and understand how it's functioning in practice. There are some simple ways to explain to majority of people everything they need to know about Bitcoin, even to the people who are not so technical.

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Quote from: cheezcarls on September 20, 2020, 01:57:40 PM

Some of my friends who are new to Bitcoin are finding it hard to understand about this. What I did advice to them is to go over on Youtube and search "Bitcoin for Beginners" or "Bitcoin for Beginners + native language". Since I don't have all the time to be their mentor, I usually tell them that Google, Youtube and Wikipedia are their best friends. I've also introduced them to this forum, where they can simply go over the topics and ask some specific questions.

The first time I understand about Bitcoin when I was a newbie? I think it was just like investing in stocks, but no central authority. I don't let them jump into the technical details of Bitcoin, but rather basic understanding (unless they were a developer or kinda interested in the development side).

I got an idea from you because I was teaching someone who was also having a hard time understanding bitcoin right away. I really enjoy teaching them because I also want them to learn what I learned in cryptocurrency particular in bitcoin. Anyway I just learned about bitcoin first only here in forum and it really helps me step by step to understand it by my own research, reading and learning. So, I think it's just easy to understand bitcoin even just the basic. Also if someone has an eagerness to learn about something then I'm sure he/she will learn it.

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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.

Finding textbooks would be quite difficult for some people. Learning Bitcoin is really a large topic to be discussed of. We got the market side and the technological side. In market side, we got the behavior of its price, the decentralized aspect, etc. In technical side, we got mining, anything about the wallet such as the address generation, softwares, and many many more. That would be insane if done in textbook that you might end up filling a shelf full of Bitcoin-only textbooks.
We got an internet already as a resource. Better save that money for dropping it into Bitcoin instead of buying all these books although buying few is still okay.
It's like learning programming and buying all books for each languages while you can learn it online and someone can explain it easily for ya.

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There is enough information on the Internet about what bitcoin is. I think it is necessary to study blockchain technology, as it will gradually be introduced into our daily life.

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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.

It would be really hard to understand something that they think is just something that can instantly create money for them. First they need to understand that earning by Bitcoin is a process and everything can take time. Learning about Bitcoin can be done by engaging with other people who have knowledge with it. You can throw in illustrations in which can Bitcoin represent and in that way, they can understand it. You can also let them experience the whole thing by giving them access to forums like these or even Reddit.

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