Topic: Is Bitcoin too complicated for ordinary folks? - page 10. (Read 2337 times)
Imagine if a man who spent his life working for example on the farm. It will be very difficult for him to understand how the market works, cryptocurrencies. He's gonna have a lot of questions.
If a person understands the technologies that it will not be difficult for him to understand bitcoin. You just need to study the information about it, to communicate with someone from people who know cryptocurrency and people will quickly understand everything.
I think that bitcoin is complex for a simple person, so it will be difficult to store your keys for an ordinary person
If you know the basis of an ordinary folks and basic of Bitcoin , i don't think you will say Bitcoin is complicated because it's quite easy to understand in my view.Just you're too lazy to read and learn more about Bitcoin and folks cause to the complicated.
I will not say Bitcoin is complicated to understand but yes in my opinion, Bitcoin is somewhat tough for the general folks to understand. Bitcoin is totally a new and a unique concept. Nothing quite similar to this have we heard or seen before. The point that it is decentralized further makes it unbelievable. But if people spend some quality time on reading and understanding the Bitcoin about the technology then they will surely start understanding it. First one needs to understand what is blockchain properly how is it made and what are blocks and everything.
I don't think that people will find it complicated, I know that when some people already knew this then for sure that they would be able to get to know this just like what we did, becoming success here really relies on us so if they won't make an effort then it is their loss for taking this for granted.
I will not say Bitcoin is complicated to understand but yes in my opinion, Bitcoin is somewhat tough for the general folks to understand. Bitcoin is totally a new and a unique concept. Nothing quite similar to this have we heard or seen before. The point that it is decentralized further makes it unbelievable. But if people spend some quality time on reading and understanding the Bitcoin about the technology then they will surely start understanding it. First one needs to understand what is blockchain properly how is it made and what are blocks and everything.
with the essence of technology and directly related to the internet and computers. I think bitcoin seems to be causing a lot of trouble for some people. Of course, it is not too difficult, but they themselves have to make the effort to improve their capabilities before using or investing in the crypto market. They must master the ability to control wallets or how to deal with bitcoins.
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 inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/
All new things can and are complicated for the public. We can't expect everyone to understand everything in one night. But it doesn't mean we should give up teaching them. If we continue to spread the knowledge and potential of cryptocurrency, I think everyone will finally get used to it. I do believe that there will be time in the future that people will see cryptocurrency as common as fiat is.
I think that bitcoin is complex for a simple person, so it will be difficult to store your keys for an ordinary person
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/
In our country, it is indeed very complicated. Lately, my friends are asking me about bitcoin and they always have this first thought that I am doing networking. They only know about bitcoin by their price but they do not know that is is very hard to earn some of it. I think it is better to shut up than explain and elaborate everything to them because it will greatly save your time. For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/
Focusing on the price of Bitcoin is just the job of people who are profit-oriented. If you are really interested in Bitcoin, you should not just focus on its price. With Bitcoin, you should focus on the digital money technology that you have in your life. Because we have an unlimited World. And a new World is being built. It's more important to be a part of it.
Blockchain and Bitcoin will change the destiny of Earth. We got one step closer to the world we watched in science fiction movies. A world where everyone and everything is digital...
Blockchain and Bitcoin will change the destiny of Earth. We got one step closer to the world we watched in science fiction movies. A world where everyone and everything is digital...
Bitcoin is only complicated when you have not joined the bitcoin bandwagon. There are some technicalities that need just an average person to understand(no special skills required). I didn't understand bitcoin and how it works at all until I joined the crypto space and began to settle down. Everything else will come naturally later.
The term "ordinary people " need proper definition.The "ordinary people " in my opinion means those that can read and write, able to use a smart phone or computer and can at least read news online. If we go by this definition then I will say the ordinary person can understand what Bitcoin is all about if he devotes enough time to either read, listen or watch video on it. Basically, some level of educational attainment is required to be able to understand what Bitcoin is all about. Again, basic numerical knowledge is also required. This implies that people's educational attainment can actually facilitate the use of Bitcoin, thereby adding value to Bitcoin.
I do not see any difficulty in using bitcoin, if you are so hard at understanding bitcoin, you can buy a book and study everything in detail
As for me, bitcoin maybe complicated and difficult for ordinary folks. Its system and structure is not that easy to understand. It takes time to know and learn about bitcoin.
I do not think it's too difficult, if we learn. and the results are very good and profitable
Yeah this could be complicated but there are a lot of time to learn even for ordinary folks. Just like me I'm just an ordinary folk that can't even afford to buy stuff I want and that is why I am here still looking for an oppotunity to lift up our lives. And also just an ordinary folk thought me about this and he is now earning money thru joining campaigns and not even investing.
If you do not know the origin of bitcoin maybe it will look hard and will say that bitcoin is a fraud. And if you already know how to produce bitcoin maybe it will make you want to know more about bitcoin.
I don't think so. I guess before bitcoins, I can be considered as one of the "ordinary folks" you refer to. By ordinary folks, the simple minded people who just live lives on a mediocre scale. But when I knew about bitcoins, it changed me for the best. It made me bring out the best in me by taking risks for investments.
ordinary people only care about using cryptocurrency, such as sending money through a smartphone app dar. Or, they will care about the price of bitcoin, whether they trade, that is also possible on a smartphone or PC. they should at least be more learning again karen bitcoin transactions can be used to beberaa activities and it can benefit you.
If you want to know the bitcoin, so you first need to know blockchain knowledge, bitcoin and blockchain is inseparable, investment bitcoin for the average person is still a good investment, so I suggest you buy some digital currency.
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