Is bitcoin difficult to understand - page 21.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

For most, Bitcoin is difficult to understand, not only from a technical perspective, but in any sense. The mere fact that there is something that is completely online that you cannot physically touch is enough for some to find it difficult to accept that it has any meaning and value. Personally, I am convinced that it is completely useless to try to explain to some people what Bitcoin is because they already have their opinion that it is something bad, which will fail in a year or two.

Quote from: seagates on September 12, 2020, 03:17:01 AM

Bitcoin is pretty simpler, sometimes even easier than some banks. People just dont want to learn something new

I would not agree with that, because how difficult it is to open a bank account, get a card and a 4-digit PIN and use an ATM or POS device? Try to explain to someone how to buy a BTC, how to keep it safely, and how to pay for a goods or service with it - the vast majority will have problems at any step.

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

There's no need for textbook to learn crypto. Most of us here started just by reading online and when you come here in the forum, tons of knowledge is already available to you. You can even find all kinds of crypto tutorials here.

Just like the link below - someone can already have a good idea what bitcoin is about. And if you know how to use your google search, the info is limitless.

Quote from: ?? on ??

I agree with you. Many people just don't understand BTC and the whole concept of cryptocurrency and blockchain. I found the article below easy to understand. Even five-year-olds will understand it.

https://currency.com/bitcoin-explained-simply

seagates

jr. member

Activity: 127

Merit: 1

Bitcoin is pretty simpler, sometimes even easier than some banks. People just dont want to learn something new

bunglor

full member

Activity: 648

Merit: 114

I don't think government would waste money for a cryptocurrency book if the cryptocurrency itself is not accepted to their own country also if a person really is interested on cryptocurrency there's a lot of articles, websites and youtube videos that will disucss cryptocurrency.

k@suy

sr. member

Activity: 882

Merit: 269

Quote from: Slow death on September 12, 2020, 02:52:18 AM

This reminds me of 20 years ago when in my country the government started putting people's wages in the bank, the most critical people said that people were very illiterate and would not be able to use ATM to receive their wages, today everyone knows how to use ATM and not it takes even many minutes to learn how to use ATM. That is why I believe that things only become difficult when we have no interest in them. People will not need to be learning very technical things about bitcoin, just that they learn basic things that everything will go well. See that nowadays even 10 year old children can use facebook, instagram and whatsapp without any difficulties, I do not believe that using bitcoin would be difficult for most people in the world

If I were to ask it is really difficult to understand how does the bitcoin works, what is it and also what are the meaning of the terminologies we are using when we are inside the crypto world. That's why when I first enter the bitcoin talk campaign I find it difficult because there are terminologies I don't understand like the word binance but now I can completely understand what is it because I am staying here for years.

Shimmiry

full member

Activity: 840

Merit: 105

★Bitvest.io★ Play Plinko or Invest!

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 will be difficult to understand if the person who is trying to learn has no any backgrounds related it. Commonly those who are already old are the one who has probably the highest chance of not understanding cryptocurrency technology.

But I highly believe they can understand bitcoin if they will give more time learning about it.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

This reminds me of 20 years ago when in my country the government started putting people's wages in the bank, the most critical people said that people were very illiterate and would not be able to use ATM to receive their wages, today everyone knows how to use ATM and not it takes even many minutes to learn how to use ATM. That is why I believe that things only become difficult when we have no interest in them. People will not need to be learning very technical things about bitcoin, just that they learn basic things that everything will go well. See that nowadays even 10 year old children can use facebook, instagram and whatsapp without any difficulties, I do not believe that using bitcoin would be difficult for most people in the world

GeorgeJohn

hero member

Activity: 1498

Merit: 711

Enjoy 500% bonus + 70 FS

Quote from: cryptomaniac_xxx on September 12, 2020, 01:32:16 AM

Quote from: GeorgeJohn on September 12, 2020, 01:18:30 AM

Quote from: bitsurfer2014 on September 11, 2020, 09:47:25 PM

I suppose most people don't really need to know in-depth technical aspects of Bitcoin as I assume knowing its basics might suffice for anyone who wants to try it.

There is a ton of Youtube videos and reference materials that can be found on the net including information from this forum. If anyone is really interested to learn about it then I also think they might find it interesting as long as they have enthusiasm.

It obvious that not everyone like to read online and comprehend and some bookish people like note book
More than internet evidence.
That's the problem some have.

But there are other options like audio book that they can listen, like Bitcoin's White paper.

https://www.youtube.com/watch?v=1yYrYCE4i1c
https://www.youtube.com/watch?v=eqhWdWhUnIA

What am telling you is life story, it happened between I and my lecturer when I was in university, have shown different kind of YouTube video in order put this man through but he could believe me but was emphasising on text book and the author of the book.

cryptomaniac_xxx

hero member

Activity: 1344

Merit: 540

Quote from: GeorgeJohn on September 12, 2020, 01:18:30 AM

Quote from: bitsurfer2014 on September 11, 2020, 09:47:25 PM

I suppose most people don't really need to know in-depth technical aspects of Bitcoin as I assume knowing its basics might suffice for anyone who wants to try it.

There is a ton of Youtube videos and reference materials that can be found on the net including information from this forum. If anyone is really interested to learn about it then I also think they might find it interesting as long as they have enthusiasm.

It obvious that not everyone like to read online and comprehend and some bookish people like note book
More than internet evidence.
That's the problem some have.

But there are other options like audio book that they can listen, like Bitcoin's White paper.

https://www.youtube.com/watch?v=1yYrYCE4i1c
https://www.youtube.com/watch?v=eqhWdWhUnIA

GeorgeJohn

hero member

Activity: 1498

Merit: 711

Enjoy 500% bonus + 70 FS

Quote from: bitsurfer2014 on September 11, 2020, 09:47:25 PM

I suppose most people don't really need to know in-depth technical aspects of Bitcoin as I assume knowing its basics might suffice for anyone who wants to try it.

There is a ton of Youtube videos and reference materials that can be found on the net including information from this forum. If anyone is really interested to learn about it then I also think they might find it interesting as long as they have enthusiasm.

It obvious that not everyone like to read online and comprehend and some bookish people like note book
More than internet evidence.
That's the problem some have.

ReiMomo

sr. member

Activity: 2366

Merit: 305

Duelbits - $100k Bonus/week

Quote from: sunsilk on September 12, 2020, 01:08:37 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.

They find it difficult to understand because of the bad reputation that the mainstream media shows about bitcoin. When there are scams and hacks, they think that it's all bitcoin's fault which they think that it has its own understanding and thought to move alone.

The mainstream media never made it clear that bitcoin is the same as any other online payment method which can be used for both good and bad purposes.

Extremely right, due to the massive scam incidents that make bitcoin and the other crypto reputation becomes bad to the eye of the people but the fact the users on it who are lack of knowledge that makes them being scammed.

Physical books isn't necessary, once people engage on the internet they will possibly learn about the bitcoin and the technology. You can simply browse to find those information regarding bitcoin.We should teach them the usage of bitcoin not just the way the will earn through crypto.

sunsilk

hero member

Activity: 3038

Merit: 634

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.

They find it difficult to understand because of the bad reputation that the mainstream media shows about bitcoin. When there are scams and hacks, they think that it's all bitcoin's fault which they think that it has its own understanding and thought to move alone.

The mainstream media never made it clear that bitcoin is the same as any other online payment method which can be used for both good and bad purposes.

kayvie

sr. member

Activity: 1022

Merit: 257

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.

Textbook? They can always use their internet to look for all the information they need to know about bitcoin. I don't believe that those people are really interested about bitcoin, they are just making it look like they are interested, but the truth is, they don't. Also, people like to be spoonfed, they will only be interested if you do everything for them, that's why if there is a person who will tell me that they don't understand bitcoin, they can use the internet to fully understand it. That is when you will know if they are really interested, if they will do their own research or not.

hatshepsut93

legendary

Activity: 3024

Merit: 2148

There's more than enough educational materials, but Bitcoin is indeed hard to understand for people without good background in software - understanding Bitcoin requires a knowledge of the basics of modern cryptography, without it you won't understand how mining works, how blocks and transactions are verified, how transactions are signed and so on. Most people probably don't need to fully understand how Bitcoin works, just like most users don't understand how cars or computers work - they just need to know how to use it properly.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

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.

People need to understand bitcoin how they can use bitcoin properly, such as what the bitcoin wallet address, how they can send the satoshi to another wallet, and their wallet address can give or share to others, how to know when the transaction completed. You don't have to know about the fee because it will be automated adjust to current situations. Still, you can learn it later when you already familiar with the previous lesson.

You don't have to learn a complicated lesson about bitcoin, such as how the blockchain works, how the transaction can be submitted to the network, and else because that will need more information. Besides that, you can learn it by yourself by reading many sources on the internet and watching many video tutorials or guidelines on Youtube.

Besides that, you can read the bitcoin whitepaper on the https://bitcoin.org/en/, and you can find everything you want to know about bitcoin on that site.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Quote from: Jawhead999 on September 11, 2020, 10:25:47 PM

I would recommend to read Bitcoin whitepaper rather than blog/press or youtube videos because most of them doesn't really complete to explain what bitcoin it is. Now bitcoin.org already listed 31 new language [1] , it will help for those people who didn't really understand on English language.

[1] https://bitcoin.org/en/bitcoin-paper

I actually disagree with this. I wouldn't be surprised if a typical non-techie person would be turned off if he/she asks about Bitcoin and we just present the whitepaper. There are other far easier to understand articles out there that are better fit for the masses, like this one(in my opinion): https://www.coindesk.com/learn

Jawhead999

legendary

Activity: 1834

Merit: 1208

I would recommend to read Bitcoin whitepaper rather than blog/press or youtube videos because most of them doesn't really complete to explain what bitcoin it is. Now bitcoin.org already listed 31 new language [1] , it will help for those people who didn't really understand on English language.

[1] https://bitcoin.org/en/bitcoin-paper

Darker45

legendary

Activity: 2576

Merit: 1860

It differs on the degree of interest. If one is interested in cryptocurrency very deeply then a text book is comprehensive and detailed enough for it. But if one is interested in the basics, then I guess resources such as https://bitcoin.org/ may be enough, with the help of articles, podcasts, videos, and so on.

Countless of times have I tried to understand Bitcoin a little deeper but then after numerous encounters of words and phrases which are too alien for me, I ended up settling with the very basic.

int03h

full member

Activity: 532

Merit: 104

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.

Astvile

sr. member

Activity: 1484

Merit: 276

Interest is a factor on why people are finding something hard to understand this applies to all aspects. Bitcoin isn't that difficult to understand if we will just put time into studying it and getting in depth with its parts and what makes bitcoin. Yeah there are some complex part about bitcoin but you can make ways if you are really interested in learning bitcoin, you can find someone or join seminars don't just focus on textbooks/articles.

Topic: Is bitcoin difficult to understand - page 21. (Read 4943 times)