Topic: Is Bitcoin too difficult to understand? - page 12. (Read 2095 times)

it's difficult to understand and understand if you don't know more about it and learn what I'm confused about is how bitcoin can work together or be facilitated in today's technology to fulfill daily life

For bitcoin understanding you must have some skills like if we look at the beginning crypto currencies was introduced in 2009 and from then it's life started and with out any problem it has competed in too many obstacles but due to strong image and value to the users, I have to say that bitcoin is very easy now because many sites are available through which we can gather many information regarding crypto and it is not difficult but very easy in these days.

No difficult things to understand if we are willing to understand it, yes we need a lot of times to understand something but its not the reason to say its hard to understand because if we enjoy what you are doing you dont feel the hardness of doing something, that is why for me, bitcoin is not difficult to understand

yes if you have difficulty understanding it, especially there are many members here who really don't understand technology, especially the blockchain system.
and this almost happens to all new bounty hunters.

Introducing bitcoin to someone is really hard, specially to those who are not aware in our new technology. I have tried to explain that bitcoin is valuable to a group of people but most of them dont believe. Bitcoin is really complicated, hard to understand but once you adopt it for sure you will like and eager to have them.

It can be difficult to learn how it technically works but it doesn't matter.  Not many people know how a smartphone is put together and how it functions.  But like a smartphone, bitcoin is easy to use. I have encouraged a lot of my relatives to use bitcoin and none of them had any problem understanding how to send and receive transactions on a wallet.

Well the blockchain technology is quite complicate but with constant and careful review i am sure everyone can understand it. Being part of this forum has helped me understand several aspect s of the blockchain technology and how it has been used in creating other cryptocurrencies. Well i guess we can solve this issue if seminars and conferences are held to teach people more about bitcoin and its related aspects.

this is the way it should be viewed!

either way what's the definition of "understanding bitcoin"?
can't really just say "bitcoin is safe" maybe, but understanding the basics of decentralization, trustlessness and nodes seems like it shouldn't take many minutes to grasp!

Bitcoin is not too difficult to understand if you use it normally. Just like how you use the money normally, Bitcoin needs technology savvy to use transactional devices, which can be difficult for the elderly. Bitcoin needs to coexist with flat currencies, which is the most logical thing to do.

There are different types of people who are using bitcoin these days in every mode such as investment,payment method etc not every one have a good knowledge of bitcoin to understand the whole bitcoin you need an expert who can tell you single-single thing about bitcoin but in my opinion its not necessary while working with bitcoin a person having minimum knowledge of computer can also operate bitcoin after a once or twice use.

Bitcoin is not that difficult to explain for anyone actually interested in learning, you'd of course start with the basics and not just get the entire idea in one sitting.

Although you don't have to fully understand it to invest in it, people seek legal and expert advise in numerous investments. Why not bitcoin?
And getting actively involved in it, and using the terms and inevitably reading more about it would increase your understanding.

To be honest, in the first time that I read about bitcoin, it made me think a lot of times because I know what is bitcoin but I don't really know what it is all about so I really don't know if I should try to get some and earn money. But when I got to this forum I learned a lot of things especially other things like bitcoin is not the only cryptocurrency but there is also altcoins like Ethereum and XRP.

There are the very basics that are very easy to understand by all and sundry..
There are some easy terms,facts and features of the system that one can grab immediately without putting in much of an effort..

But the technical aspect which I for one lack quality knowledge about maybe a bit tricky for some,while also easy for others

So basically it's neither easy nor difficult,it just depends on your ability and willingness to learn based on a particular aspect of the technology

My feelings exactly!
There are a couple things people should know: there is no central authority, you are your own bank... The content of your wallet file is all a hacker needs to steal from you, and a transaction is irreversible...

Everything else isn't important for the "average" user (IMHO). Everything he/she needs to know can be deducted from these 4 facts, for example: it's not a good idear to give anybody access to your wallet file (not even an online wallet service)... Or: it's not a good idear to pay a random guy over the internet...

Like kingcolex already said, most people don't understand the tech they're using on a day to day basis... An example a bit closer to bitcoin: do you think 50% of the people using an ATM machine know how this machine works on a technical level? Do you think they know how bills and coins are being created by their central bank? Do you think they know how the local or global monetary system works? They don't care, they don't need to care . All they know is: they have to give their employer a bank account number, if the employer sends funds to this number, they can take a plastic card, put it in a slot in the wall and get some weird pieces of paper. He/she can then exchange these pieces of paper for goods or services.

Offcourse, bitcoin still has a long way to go before it becomes as enduser-friendly as it should be (imho).

Even me i am not aware of the true meaning of bitcoin. I just understand the basic term of it. If i go further of its depth i will be confuse more with the different term. But if we just have the willingnes to learn, it will be easy to adopt its meaning. As of now, bitcoin for me is an alternative mode of payment done online. Can be trade with different product. It depends on how we interpret as a whole. Luckily for us that internet will feed us different information but we just be more careful in choosingp what to read.

Not everyone can understand Bitcoin easily. But you don't need to. It can be learned in a long way. There is a lot of information about Bitcoin and blockchain on the Internet.

Sorry but first I want to say this  line. I think you should know bitcoin because you joined here for something right? and that is related to bitcoin. itself which means you need to say know a little bit of bitcoin before you joined here BUT still, who am I to judge here so there can be many posibilities on why you joined. right?

So here many explained it but here is what Iam just going to say and explain.

1. An investment
2. A considerable money/Electronic currency
3. To others it is a scam but like money it is hard to handle so in the end learn it so no SCAM will occur.

It's the same as to try to explain back in the 90s how do computer/internet works to your parents/grandparents, it's almost the same thing.
Back in the day I did't have enough knowledge to explain it correctly, I know that it did work to send an email and it was easy. To explain Assembler or The OSI model to someone without the correct technical background is almost useless.
It will take some more time to become popular like the PCs, I'm sure that 90% of the people behind the screens nowadays cannot tell the difference between HDD and RAM but they use computers/mobile phones everyday.
It will be the same with blockchain, now bitcoin is like Netscape navigator it may be replaced,modified or changed in the future but it will definitely be a part of the modern history.

For me, it depwnds upon the peraon who are going to explain to someone to understand the concept of bitcoin. Me as a newbie, its difficult for me to understand in the firat time that it was explain to me, however i take part of the idea and reads more and research to be able to fully understand bitcoin and cryptocurrency.

If you are a techy person ,understanding Bitcoin how it works is pretty simple. If you know how torrent works and P2P devices. You will easily grasp the concept of blockchain.