Topic: Is Bitcoin too complicated for ordinary folks? - page 7. (Read 2323 times)
People just look at is as a rapid gaining function because of the huge media boom in the late of the last year especially. However, it has had huge potantial while it has a leading role in digital currency world. If media coverage looks more into its revolutionary aspects, maybe it would be easier for average people to understand it.
I think bitcoin is hard for those who do not know much about technology. This is a technology investment market, and this is hard for farmers not to know much about computer technology.
I agree with what you said. It is actually hard to understand something you have no background at all. There are existing pages, including this forum, where people could start reading and understand concepts about Bitcoin, so their understanding could be less complicated. It might be difficult at the start due to the new technical terminologies but there are people willing to answer questions here.
I think bitcoin is hard for those who do not know much about technology. This is a technology investment market, and this is hard for farmers not to know much about computer technology.
I would say it is complicated. A lot of things should be done to make it easier for people. There is a lack of information, lack of trustful tools, lack of user-friendly interface. However, it improves every day, so after some period of time, it has to become easy enough even for elderly people to use bitcoin.
I don't think bitcoin is so complicated, of course we can't introduce block chain technology to ordinary people. Few people can understand that we can tell people about the function and application prospects of bitcoin, which may be much easier for people to know bitcoin.
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/
I think the problem of Bitcoin is seen as an investment asset instead of a currency. Using it as a currency is still expensive and It's still slow. For the mainstream blockchain technology might be too complicated, and the focus is mainly on the high price bitcoin reached. It will take a while before Bitcoin is used as a currency. so, we will see the future technology.
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.
I'd say it is not so complicated, but it is scary. And there is a reason for that, because of so much fraud and scam in this field, and also because there are no guarantees nor other investment safety circuitbrakers here. On the other hand it is quite a special thing, that is not meant to be used by an old lady for buying carrots in a grocery.
In my case I'm still learning more about bitcoin. For those who are just new on this YES it is complicated but it just like you are studying in a school process by process you will understand all the essential parts of it. Bitcoin is a complicated thing but if you have time to learn about it then you will know all the things that you should know on it. Just like investing, you need to invest a lot of time and patience in learning the bitcoin works.
Bitcoin and blockchain initially seem very mixed for ordinary people.I think it's not too complicated to find out about bitcoin if you really want to invest in it.
I does not agree with you if just buying and selling of btc or eth might be easy but not forgetting there are many exchanges available in the market newbies might be confused on centralise dencentralise exchanges and different types of wallets available in the market.
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
sure the tech behind btc is complicated but in the end of the day its just currency. if people can understand fiat enough to be able to use it then i dont see why the same logic cannot be applied to btc
In the mainstream a lot of people focus on the price of bitcoin, they know about high gains and the price crashing 10% daily, however they don’t really understand the blockchain technology or BTC being used as a currency.
Yes it is, at first also I find it hard to understand what is going on and how I can earn through bitcoin doing it online. I mean if you have no idea of bitcoin it is realy hard to understand. Not all of us is really clever and fast learner. Especially if you are a person who is not really into technology.
Bitcoin and blockchain initially seem very mixed for ordinary people.I think it's not too complicated to find out about bitcoin if you really want to invest in it.
It is really complicated to the ordinary people who really do not have any knowledge in bitcoin or crypto currencies, why did I say so? It is because even me I experienced that, I find it hard to explain to my friends and my family on how cryptos really works and how they can be benefited with this.
I believe what you said was right. Its hard to begin in something you don't have any knowledge in. It applies to everywhere. I mean there's a forum here where you can learn about the stuffs happenig here in the industry but it's better if you have some experienced and well versed people who can guide you through it. And in time you will learn it. It takes quite a reading but it's all worth a go 
Hello everybody. A person is born can not do anything. Therefore, if you make a little effort to study this topic, everything becomes not so difficult. I'm very interested in the topic of Bitcoin, every day I learn something new. The only thing I'm sure of is that the development of the crypto-currency market is in full swing, and even a novice can make money here.
That's for sure, Bitcoin is not something easy to conceive, especially for ordinary people. The majority of people, at present, depends on social media as the main source of information. Regarding Bitcoin, social media hasn't played a positive role in introducing the real fact about Bitcoin, except some of them, of course.
I guess so, bitcoin is a bit complicated for ordinary folks specially to the non-tech-savvy people who don't have knowledge about what bitcoin is. In my case, I even asked my brother to create me a wallet and bought bitcoins for me, in time, and with enough study and research, i understand now how it works. We should promote it and spread awareness to people so that more will become interested to join the bitcoin community.
In my opinion it's not complicated at all. everything can be learned. So far I (not knowing at all about bitcoin and crypto) have never experienced any meaningful problems, all I can handle (even with the help of others).
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