Is Bitcoin too complicated for ordinary folks?

jumail

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Productive housewife

Quote from: fattyforhire on May 10, 2018, 05:58:45 PM

Yes. I can safely say that bitcoin is complicated for me in many terms. I can't figure out technology and smart contracts. Maybe my brain isn't ready for that kind of information. Sad

Do not worry too much about it. As long as you can do transactions, adapt to bitcoin ecosystem, understand the market situation and its analysis, I think you can get a big profit from cryptocurrency.

pantheraio

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That's true if we just found out bitcoin or heard from somewhere. Surely we will look stupid and ask, what is bitcoin? But if we find out about bitcoin and learn more deeply. Maybe it will help and if you already know it might not be difficult to use bitcoin. And at the time i became a beginner in bitcoin, I look stupid too in front of my friend. I also keep asking my friends, or find out about bitcoin in this forum.

patykuprova

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Quote from: missyqt29 on May 12, 2018, 04:14:55 PM

Quote from: The Golden Boy on January 31, 2018, 02:04:40 PM

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/

Bitcoin is still new for people in terms of how they use it. Many in the public already aware of it like they know that its nature is digital and its medium is the Internet. But few of them misunderstood cryptocurrencies may be because they are not fully integrated in the online industries. So it will helpful if we introduce it to them and show how much potential it has to our economy.

Lack of understandings in the cryptos market is actually a sin because you're refusing to get the better things and only want to do it in the old way which is less effective then the new one.
But actually it's your choice to refuse it.

Hulh

newbie

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Quote from: mitchel_am on January 31, 2018, 02:41:59 PM

Take time to learn about bitcoin and it won't seem complicate for you even if you are an ordinary folk. It takes time to learn about new things

This generation with advance technology even ordinary folks can access on it and know how to use it . So it means that there is no complicated once we are eager and determine to learn about bitcoin. We can use different technology to learn bitcoin .

Altcoindealer

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XAYA - THE ULTIMATE BLOCKCHAIN GAMING PLATFORM

I think cryptocurrencies are to complicated for people who dont have a good know how about computers. SO i dont think that the actually kryptocurrencies like bitcoin or ethereum are made for the mainstream people. Old people may could now handle an smartphone. But i dont think that they will be able any time soon to handle the cryptocurrencies. Like the private key, or calculating the transactions fees, this will be to much for the most people.

missyqt29

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Quote from: The Golden Boy on January 31, 2018, 02:04:40 PM

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/

Bitcoin is still new for people in terms of how they use it. Many in the public already aware of it like they know that its nature is digital and its medium is the Internet. But few of them misunderstood cryptocurrencies may be because they are not fully integrated in the online industries. So it will helpful if we introduce it to them and show how much potential it has to our economy.

jahn_quid

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Activity: 182

Merit: 0

Quote from: charlzyeby on May 12, 2018, 04:05:42 PM

Bitcoin and the concept of blockchain becomes complicated when you don't get someone who really understands them to explain how everything works for. For folks who do not understand technology at all, it is better to tell them that bitcoin has been invented to make people take care of their own wealth without middle persons, and this is done in a fair environment where everybody bears witness to every transaction being made without necessary knowing the people involved in each transaction

I mean, people don't understand how the Internet works but that doesn't stop a billion people from accessing and using this technology. Same with everything we take for granted in our everyday lives - cars, microwaves, airplanes, etc.

The big win will be from the teams that make their blockchain and cryptocurrency applications accessible to the masses.

I definitely believe in this technology and the benefits it brings. But the way forward is not to pretend that this is a secret only "we intelligent people" understand. It needs to become evidently applicable to the lives of normal people in a way that the switching cost is low and attractive.

charlzyeby

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Bitcoin and the concept of blockchain becomes complicated when you don't get someone who really understands them to explain how everything works for. For folks who do not understand technology at all, it is better to tell them that bitcoin has been invented to make people take care of their own wealth without middle persons, and this is done in a fair environment where everybody bears witness to every transaction being made without necessary knowing the people involved in each transaction

jahn_quid

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Quote from: trk on May 11, 2018, 01:40:47 AM

Quote from: fattyforhire on May 10, 2018, 05:58:45 PM

Yes. I can safely say that bitcoin is complicated for me in many terms. I can't figure out technology and smart contracts. Maybe my brain isn't ready for that kind of information. Sad

You dont have to learn to read smart contract if you are not a developer, too complicated to us ordinary folks. All we need to know is the technology behind it and how to use it well. Dont bother yourself to know too much.
To make it easier to use for ordinary folks, developer needs to migrate to mobile. Make wallet, exchange, as simple as touching the phone screen. That is how we will get mass adoption

This is definitely the correct response.

I'm surprised at how many people on here think that the concept is so difficult to understand. It's certainly not easy, but at the same time, it's not rocket science.

The bigger barrier to accessibility at the moment is the UI/UX. It's not that people are not capable of understanding; it's more why should they take the time to learn a new system if it's not easy to use?

Seeker#9

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Many people will not be to able understand bitcoin if their minds are already closed to any kinds of mdern technology like digital currencies and online transactions and the others are too lazy to learn. Only those who are genuinely interested in learning new things like cryptocurrencies will understand it later. Learning what is cryptocurrency is not really easy for the beginners and they must be persistence in learning until they completely understand it. The use of bitcoin by some scammers will make it more complicated for the learners and someone should be able to explain to them clearly.

trk

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Quote from: fattyforhire on May 10, 2018, 05:58:45 PM

Yes. I can safely say that bitcoin is complicated for me in many terms. I can't figure out technology and smart contracts. Maybe my brain isn't ready for that kind of information. Sad

You dont have to learn to read smart contract if you are not a developer, too complicated to us ordinary folks. All we need to know is the technology behind it and how to use it well. Dont bother yourself to know too much.
To make it easier to use for ordinary folks, developer needs to migrate to mobile. Make wallet, exchange, as simple as touching the phone screen. That is how we will get mass adoption

Coinlover9

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Well if you want and open to new ideas then it's quite easy but if you are rigid about your own ideas and easily influenced by the media and it's a long shot.

christina30

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At first bitcoin is really hard if no one would guide you like to start in simplest step like exchanging to cash speacially there are lots of type of exchanger in market also lots types of coins.but everything is easy as long as your willing to learn everything so every difficult things you see is just easy and just a piece of cake to you and also you dont need any help to other instead you could help other too

Osmarwine

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I suppose it is hard to understand to some people since it´s such a new concept but there are some people that help us earn some money like Brickblock in which you only need to register to start maing profit, i really recommend you guys give it at least a try.

fattyforhire

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Yes. I can safely say that bitcoin is complicated for me in many terms. I can't figure out technology and smart contracts. Maybe my brain isn't ready for that kind of information. Sad

jurelmartin

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Quote from: The Golden Boy on January 31, 2018, 02:04:40 PM

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/

For me as a beginner in cryptocurrency, its hard to understand it at first because it has a lot of things need to learn before getting involved in bitcoin, but as you go deeper you'll eventually understands what really bitcoin is, and this forum really helps beginner like me to learn more about bitcoin itself

Koobtcgal

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Acewins.io

It is never complicated to the ordinary man who can read and write. The only reason is that most people refuse to understand or agree with cryptocurrency. Some even go far to attribute it to illuminati which is way weird.

cordlesslake

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I am convinced that the world of cryptocurrencies is not so simple for everyone. The technical part still puts me in trouble even though I have been following these topics for quite some time and the financial part is often very complicated.

yoseph

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Quote from: david roman on May 10, 2018, 10:52:36 AM

I think my bitcoin experience is somewhat complicated for ordinary people or new users, because it needs a detailed knowledge to understand about the actual bitcoin

The ability to read and a little bit of knowledge in ICT is all that a person needs to have a detailed understanding for Bitcoins. Bitcoins is not really complicated at all even for those with the basic understanding of computers.

WebTera

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Imagine if you spent your whole life studying and working as a doctor, lawyer, teacher or a simple office worker. Your brain is used to this life. Atrophied. And now you need to start to delve into some new incomprehensible technology that looks like a hoax. How will you behave? Of course you will be difficult.

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