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Topic: Is bitcoin difficult to understand - page 17. (Read 4943 times)

sr. member
Activity: 1554
Merit: 334
September 15, 2020, 05:28:33 AM
Well, I guess it depends on the people themselves. If that person was eager to learn and interested in it then understanding it wouldn't be that difficult. Besides, the difficulties vary on how depth you want to understand the Bitcoin. If you are going to know every single detail about then this will definitely difficult but as long as you only onto basic then it won't be problem.

Regarding which is the best way to learn it books or online, I would say the online is better the fact that this will be more convenient for everyone. Books could be better as well especially of having factual information and unquestionable credibility unlike online that can be manipulated.
hero member
Activity: 1498
Merit: 711
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September 15, 2020, 05:10:41 AM
According to me it is not contorted at all. If someone is disposed to learn about  bitcoin ,there are many peer-reviewed articles ,forums through which we can learn a lot about  bitcoin and cryptocurrencies.No doubt that it is hard to comprehend bitcoin properly but interest and zeal of a person matters a lot.

Really nothing on earth is easy as we taught to know better, Reading those forum articles online is not even the best criteria to master cryptoccurrencies or bitcoin,
Even in forum no one know bitcoin all, it's a matter time to study btc properly.
full member
Activity: 397
Merit: 100
September 15, 2020, 04:58:29 AM
According to me it is not contorted at all. If someone is disposed to learn about  bitcoin ,there are many peer-reviewed articles ,forums through which we can learn a lot about  bitcoin and cryptocurrencies.No doubt that it is hard to comprehend bitcoin properly but interest and zeal of a person matters a lot.
full member
Activity: 1232
Merit: 186
September 15, 2020, 04:54:59 AM
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?"
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.
Yup! That's right. But actually, bitcoin supposed to become more of a currency than a stor of value. But anyway, that's not the point here so nevermind Grin.

Honestly, I think all of us need to familiarize btc's technicalities. Not whole aspects but at least the basics. Know the jargons, how the system work and simple do's and don'ts as well; so that you will minimize the risk of making bad decisions which sooner leads to losing and to avoid the traps of scammers too.
legendary
Activity: 2450
Merit: 4415
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September 15, 2020, 04:10:24 AM
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?"
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.
hero member
Activity: 1498
Merit: 711
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September 15, 2020, 04:01:23 AM
#99
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?" because bitcoin it is not introduced by just whoever that you come along the road or your teacher or your parents. It is something that you should really give time to study or understand with. In fact when I was starting my journey in this crypto world this just blew my mind on how this thing work and grew without noting by many.
This is something that you need to dig in, but it is not hard to understand, dig in because for you to lighten up your so much questions, because there will be more questions after a question.


Initially when it is new you will need to get knowledge and understand it. Just like when you get new job, we need to understand the working and the process of that organization and new software’s etc in same way we need to understand the bitcoin and its functioning. What are the different ways on this form or through crypto how we can make money and grow rich?


Some people mindset is that bitcoin is an ordinary thing someone can adventure into without proper research, cryptoccurrency is very broad to study but we can take a measure to study it step by step in order to understand the major concepts of cryptoccurrencies especially bitcoin. Working in crypto it needs attention or engagement.
full member
Activity: 812
Merit: 142
September 15, 2020, 03:42:36 AM
#98
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?" because bitcoin it is not introduced by just whoever that you come along the road or your teacher or your parents. It is something that you should really give time to study or understand with. In fact when I was starting my journey in this crypto world this just blew my mind on how this thing work and grew without noting by many.
This is something that you need to dig in, but it is not hard to understand, dig in because for you to lighten up your so much questions, because there will be more questions after a question.


Initially when it is new you will need to get knowledge and understand it. Just like when you get new job, we need to understand the working and the process of that organization and new software’s etc in same way we need to understand the bitcoin and its functioning. What are the different ways on this form or through crypto how we can make money and grow rich?
hero member
Activity: 1498
Merit: 711
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September 15, 2020, 03:29:20 AM
#97
~snip~

We are actually emphasising on internet and text book's because of two factors which are old people and young people and also rich and poor.
See for the old people will prefer to study cryptoccurrency with text book because reflection of light ray in screen always disturb them after reading while young people even refers onlines because they have acclimatized by using internet, in terms of poor and rich,its obvious that not many people that have the money to purchase phones that access internet.
Looking at those concept you understand that text book is more preferable than internet because everyone can use it and its for reference purposes.

If you talk about older adults, I am not sure how many of them are willing to learn about cryptocurrency. The old people here mean they are older than 50 years because many of them still prefer doing what they did now, and they do not have a passion for learning something new, especially if that is related to the technology.

But I know some older adults below 50 years old learn about cryptocurrency, but they don't learn as much as young people because they are still busy with something. By having an internet connection, every person who wants to learn something can easily browse from their gadget, and they can visit on many website sources.

I think there are not many books available on the local store that talk or discuss cryptocurrency because perhaps, that is related to the regulations on the countries.

Many retired civil servants are interested to know and learn perfectly concerning cryptoccurrency because their looking for easy access to invest their pension, so them really need proper evidence of cryptoccurrency especially bitcoin text books.
Saying that old adults of 50 years are know longer interested about cryptoccurrency,I stand to refute the point because I have seen a man of 73 years analysing cryptoccurrency with referable explanation's.
hero member
Activity: 2912
Merit: 556
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September 13, 2020, 11:49:08 PM
#96
~snip~

We are actually emphasising on internet and text book's because of two factors which are old people and young people and also rich and poor.
See for the old people will prefer to study cryptoccurrency with text book because reflection of light ray in screen always disturb them after reading while young people even refers onlines because they have acclimatized by using internet, in terms of poor and rich,its obvious that not many people that have the money to purchase phones that access internet.
Looking at those concept you understand that text book is more preferable than internet because everyone can use it and its for reference purposes.

If you talk about older adults, I am not sure how many of them are willing to learn about cryptocurrency. The old people here mean they are older than 50 years because many of them still prefer doing what they did now, and they do not have a passion for learning something new, especially if that is related to the technology.

But I know some older adults below 50 years old learn about cryptocurrency, but they don't learn as much as young people because they are still busy with something. By having an internet connection, every person who wants to learn something can easily browse from their gadget, and they can visit on many website sources.

I think there are not many books available on the local store that talk or discuss cryptocurrency because perhaps, that is related to the regulations on the countries.
newbie
Activity: 23
Merit: 3
September 13, 2020, 11:28:12 PM
#95
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?" because bitcoin it is not introduced by just whoever that you come along the road or your teacher or your parents. It is something that you should really give time to study or understand with. In fact when I was starting my journey in this crypto world this just blew my mind on how this thing work and grew without noting by many.
This is something that you need to dig in, but it is not hard to understand, dig in because for you to lighten up your so much questions, because there will be more questions after a question.
full member
Activity: 1190
Merit: 117
September 13, 2020, 11:17:51 PM
#94
I think that who says Bitcoin is difficult to understand are lazy to read and learn. Because if you are diligent in reading books and articles
about Bitcoin, you should be able to understand Bitcoin. Moreover, now there is a YouTube platform that provides many videos that can
explain Bitcoin. So there is no need to worry about having trouble understanding Bitcoin.
full member
Activity: 1750
Merit: 118
September 13, 2020, 10:30:25 PM
#93
many ways to understand cryptocurrency can use internet services to understand the basic basics even more deeply. asking experienced people who are more experienced can also be connected to dig up information about cryptocurrency. many ways to learn choose the easy way for you.

i dont know if there are already books about crypto in our local bookstore but if there is then i will recomend it for newbies but only books that tell the real truth and not books that are tryin to destroy cryptos .

 when they read it on books , this encourage them more to think that cryptos are really legit and real compare to searching on the net that they will be confuse on where to start .
full member
Activity: 1484
Merit: 136
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September 13, 2020, 08:14:12 PM
#92
Cryptocurrency or the bitcoin is really hard to understand if you don't have enough knowledge on this specific field you can relate too if you have in the course for example in

Computer science
Information Technology

Still, the world of crypto has a different field you can master.

One of the best we could do is read a lot of data and makes good information to identify which one Is the really true statement today it's not hard to find some information just use your internet and search engines but the problem is because of too much data and information you cannot see which has concrete and legit.

Also, the experience is one of the best things you could learn because this may help you with your mistakes too.
member
Activity: 122
Merit: 20
September 13, 2020, 07:48:59 PM
#91
There are already tons of resources online that people can use. Even in this forum alone, there are many posts that provide an easy guide to learning cryptocurrency. I won't recommend having all info consolidated in a textbook because that's quite difficult to access. An ebook perhaps. But, like studying any other complex subject, there are multiple ways to learn cryptocurrency. We can all start by understanding the basics then go separate ways as we dive deeper. In other words, studying a single textbook might not be the best idea. Online materials are more than enough.
hero member
Activity: 2744
Merit: 588
September 13, 2020, 06:45:09 PM
#90
Yep, for me when i first got in the Cryptocurrency space it was confusing, because there's quite a lot of categories it has, such as anonymity, features, blockchain what it means, how decentralized ledger works, using wallets and there's different types of them; hardware, paper, web wallet then how to earn and how use it.
Surely this will confuse newbies and give up half way because there tons of to learn.

We all start from this phase, learning what bitcoin or crypto or blockchain technology is.
No one is born knowing all these information. So if you are a newbie, just think that all these crypto users also started from where you are.
If you will not start now, you will be forever a newbie. So start educating yourself, this forum alone has so much to offer.
Aside fro all the other crypto related sites and articles available just by one click in google search.
full member
Activity: 2128
Merit: 180
September 13, 2020, 06:43:14 PM
#89
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.
If you do your effort you can see tons of resources for you to learn bitcoin and there’s already a lot of books out in the public but still very few are buying it. One of the key reason to become profitable is to have the right knowledge and cryptocurrency is easy to learn now because its already available Worldwide, I mean if you have access on youtube then you can search how bitcoin and cryptocurrency works easily.
sr. member
Activity: 1400
Merit: 269
September 13, 2020, 06:41:33 PM
#88
Yep, for me when i first got in the Cryptocurrency space it was confusing, because there's quite a lot of categories it has, such as anonymity, features, blockchain what it means, how decentralized ledger works, using wallets and there's different types of them; hardware, paper, web wallet then how to earn and how use it.
Surely this will confuse newbies and give up half way because there tons of to learn.
full member
Activity: 1330
Merit: 147
September 13, 2020, 06:34:12 PM
#87
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.
If they are diligent, there are a ton of article in google about bitcoin or crypto currency as whole. It is just they aren't interested to know more about bitcoin because they just because interested to gain profit in bitcoin with the short term pariode. This time is different with before the internet hadn't came, the people should find a book or newspaper to find an information but now you can have a thousand of book through your phone.
sr. member
Activity: 1932
Merit: 442
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September 13, 2020, 04:54:14 PM
#86
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.
Well, that is a good idea and that is a good suggestion though but the textbook is not necessary since we have internet that bitcoin history and about bitcoin technical issues will be there already discussed. Bitcoin has a simple feature and you will easily understand the basic information on how to use and how to spend your bitcoin. Perhaps technical issues had a big problem of getting interested by the people because they don't know how bitcoin will work better. Understanding bitcoin for 1 week or weeks will surely have an idea.
legendary
Activity: 2702
Merit: 3045
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September 13, 2020, 04:43:50 PM
#85
^^ exactly.
You don't have to understand all the aspects of bitcoin or know how things work under the hood to be able to start sending and receiving bitcoins.Even if you are not a tech savy guy, all it takes is someone who explains and show you the basics like how to create a wallet and how to secure it.
I think it's time to stop spreading such wrong ideas, that bitcoin isn't for everyone and you have to be a genius to use it.
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