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Topic: Is bitcoin difficult to understand - page 15. (Read 4943 times)

sr. member
Activity: 554
Merit: 271
September 19, 2020, 05:03:22 AM
Well, i think this is difficult is yes. I learn bitcoin/cryptocurrency is from searching and watch in youtube.
To understand bitcoin, it took me quite long time. Because no one in my place know about crypto.
sr. member
Activity: 1386
Merit: 406
September 18, 2020, 05:16:58 PM
Bitcoins it was hard to understand if the people are not willing it to learn on how to earn in bitcoin. Mostly people want to learn about bitcoin are those people working from home or people being want to part time cryptocurrency as from daily income. And Ill think it have some textbook we can find about bitcoin but need more time to find It and even me I did not seen it in library, but easily to find in internet if we search textbook file about cryptocurrency.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
September 18, 2020, 04:41:53 PM
There have been so many books written to explain the foundamentals of bitching and it functions and other digital currency which are in it classes as other cryptocurrency. People have also written so many online journals and article about cryptocurrency and what it entail.

That is what we use to hear that there is many articles of cryptoccurrency, which is real but we are emphasising on approved text book of bitcoin which someone can purchase and read in order to understand the basic concept of bitcoin, OK, if there is existing bitcoin manuel texts book except Google and YouTube's video were can people purchase it, and who is the author,tittle, of the book to showcase
That bitcoin text book is in existence.
member
Activity: 504
Merit: 57
September 18, 2020, 04:09:16 PM
There have been so many books written to explain the foundamentals of bitching and it functions and other digital currency which are in it classes as other cryptocurrency. People have also written so many online journals and article about cryptocurrency and what it entail.
jr. member
Activity: 200
Merit: 1
September 18, 2020, 03:08:43 PM
I don't really think bitcoin is hard to understand, but I think how it works, the blockchain technology around it, the mining, and sort of technicality is the hardest to understand. But understanding bitcoin is so easy, you just have to know how you can use it, and to understand that it's a currency. I agree with you about having textbooks for bitcoin, and I think there are already, thousands are here in the internet too, you just have to search and take a lot of time reading about it. Forum just like this is of course helpful, that's the point we are here right.

I think aside from having textbook, it is better to learn about bitcoin in videos, its better to understand in that way. Documentaries about bitcoin create simple introduction to bitcoin. There are a lot in youtube too. I don't know but I think videos are a lot more helpful cause it helps you visualize technicalities, instead of struggling to read and be drown inside a thick textbook.
Those for whom it is difficult to understand Bitcoin, didn't read enough literature, didnt' try to really delve into the topic and figure it out, and simply didn't deal with it. There are actually a lot of books about this, it is also interesting and important to know the history. In many countries, advertising for bitcoin is prohibited, and people cannot pay with BTK, and while bitcoin owners have no freedom, many people will have no idea about bitcoin at all and the word cryptocurrency will say little for them. But question: is it a real problem for now?
full member
Activity: 658
Merit: 126
September 18, 2020, 02:50:52 PM
I don't really think bitcoin is hard to understand, but I think how it works, the blockchain technology around it, the mining, and sort of technicality is the hardest to understand. But understanding bitcoin is so easy, you just have to know how you can use it, and to understand that it's a currency. I agree with you about having textbooks for bitcoin, and I think there are already, thousands are here in the internet too, you just have to search and take a lot of time reading about it. Forum just like this is of course helpful, that's the point we are here right.

I think aside from having textbook, it is better to learn about bitcoin in videos, its better to understand in that way. Documentaries about bitcoin create simple introduction to bitcoin. There are a lot in youtube too. I don't know but I think videos are a lot more helpful cause it helps you visualize technicalities, instead of struggling to read and be drown inside a thick textbook.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
September 18, 2020, 12:37:11 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.

I think it is normal for people who especially are old to have difficulty in understanding Bitcoin or the cryptocurrency system. Because it is completely different from fiat money that everyone is accustomed to. But it is not impossible for them to learn about cryptos. They can find too many sources on the internet and have knowledge of cryptocurrencies and their technologies.

But we all known that if old adults fine it difficult to understand crptocurrency or bitcoin online it's equivalent to young adult to comprehend,because looking at old adults majority of them are bookish people and them comprehend passages of text more easily than some of the young adults,

I have gave several reasons while old adults have to use text books to study cryptoccurrency,especially bitcoin,because using online to study cryptoccurrency it will really affect their eyes due to the Ray's of light in phones and laptops,so therefore for old adults who are bookish to study and comprehend cryptocurrency  or bitcoin more better than young adults them really needs a text book.
full member
Activity: 1470
Merit: 148
September 18, 2020, 05:32:32 AM
Many people are also difficult at first and starting to try to learn the basics and learning from experienced people will make it easier for you to understand bitcoin,
read a lot about crypto and follow the developments so you can get the latest information.
Agreed, many individuals has different manners of assimilation when it come to learning, many won't understand terms and terminology at first insight but giving time they will definitely do. There importance of learning is determination on the side of the learners. Bitcoin is not too difficult to understand if ask because there are thousands of materials online that can help in this regard. 
legendary
Activity: 2450
Merit: 4415
🔐BitcoinMessage.Tools🔑
September 18, 2020, 03:57:24 AM
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.
member
Activity: 1120
Merit: 68
September 18, 2020, 03:24:57 AM
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.
I don't think some textbooks will help you to understand bitcoin, cryptocurrencies, and blockchain technology because you can understand some context about bitcoin by watching YouTube videos and reading some articles and comments on this forum. Many bitcoin experts can simply explain everything about bitcoin and blockchain technology, and some are okay to dm them in their social media accounts or Telegram. When I was a newcomer here in the crypto world, I also have difficulty understanding bitcoin and blockchain because they are broad. Still, as I said, I just tried to read some articles and comments in this forum to have some idea about the crypto world.
full member
Activity: 1554
Merit: 123
Buzz App - Spin wheel, farm rewards
September 17, 2020, 08:57:22 PM
there are many ways to dig bitcoin information on the internet many share bitcoin articles. do not be lazy to read in the book asking the experienced is a valuable lesson.
newbie
Activity: 1
Merit: 0
September 17, 2020, 06:59:37 PM
https://shrinke.me/bitc
you shoud try to watc this video
hero member
Activity: 2730
Merit: 632
September 17, 2020, 06:59:04 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.
TEXTBOOK?

Everything can be read online or even those people who do know about bitcoin would just say the basics about bitcoin, as mentioned on Btc whitepaper

"  purely   peer-to-peer   version   of   electronic   cash   would   allow   onlinepayments   to   be   sent   directly   from   one   party   to   another   without   going   through   afinancial institution"

with this single sentence would already be enough for someone to understand.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
September 17, 2020, 06:46:56 PM
There are a lot of textbooks that has made Bitcoin and blockchain revolution easier to understand and learn. Google is always a best friend for those who are interested in the field with numerous articles and videos that are free of charge. Searching with quotes will make a specific result be targeted like "Bitcoin for dummy", "Bitcoin for beginners", "Bitcoin tutorial" etc
sr. member
Activity: 714
Merit: 250
September 17, 2020, 05:44:24 PM
It is not a matter of easy or difficult it is matter to understanding it with cool mind and learning spirit. you have to updated. read new articles and search things by your self. internet can give you answer of anything. you should use internet to learn more and easily about bitcoin.
This could help by watching videos, reading articles and a lot of ways to learn about bicoin. Even newbies it is difficult for them to understand how bitcoin works. Once a person is interested they will find ways to learn about crypto.
legendary
Activity: 2534
Merit: 1338
September 17, 2020, 02:36:29 PM
If you are not getting right answers means you are not asking right questions. "How do I earn bitcoin?" is an example of wrong question constantly coming from newbies. If you want to know how to earn, try googling "How do I earn dollars?". I bet you will not find something new. Just get a job, after all. The best answer. Bitcoin is just another form of money, nothing else. You don't have to have deep technical knowledge in order to use bitcoin and earn Bitcoin. Bitcoin is pretty easy to use and earn and, at the same time, it is pretty hard to fully comprehend. No one in the world can claim he completely grasped what bitcoin is. You should't worry about your lack of knowledge regarding interdisciplinarity of bitcoin. Just find something that is interesting for you, personally and start your research.
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.
member
Activity: 909
Merit: 17
www.cd3d.app
September 17, 2020, 07:29:01 AM
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.

There are already reading materials regarding bitcoin and cryptocurrency. Also a lot of news and articles you can find online. If someone are willing to learn and understand the concept of bitcoin i think he will find a way to learn it. There's a lot of ways to understand bitcoin and cryptocurrency, all is depends on the learner.
hero member
Activity: 2576
Merit: 684
God, save BTC!
September 17, 2020, 06:15:03 AM
Indeed - in order to send or receive Bitcoin you do not need any knowledge about it! Now anyone can download a wallet to your smartphone and start using bitcoin without bothering about its device... This is akin to the fact that to talk on the phone you do not need to know how the device works!
Such questions worry techs, not humanitarians! Grin
sr. member
Activity: 1148
Merit: 300
September 17, 2020, 06:02:42 AM
Bitcoin is realy difficult to understand to those who didnt know it specially to those who are newbie. But it is not a race we an still understand it if we fucos on it and study about it in a slow way. At first it is difficult but im sure that the time will come that it will become easy just continue to study about it and do more research for good.
brand new
Activity: 0
Merit: 0
September 16, 2020, 09:35:18 AM
I agree with all the latest opinions. Bitcoin is hardly for understanding at first. As all thing in the world, obviously Grin
But if you are really interested in it, you can sort of and understand the main features. Good luck to all beginners!
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