Topic: Is Bitcoin too difficult to understand? - page 6. (Read 2095 times)
bitcoin is an easy thing to learn, for anyone who knows the internet, they can certainly easily use bitcoin. I think it might only take a few days to understand bitcoin easily. functions and how bitcoin works can be easily understood by everyone. oh yes I want to say that only lazy people think that bitcoin is a difficult thing to learn !!!
So I was watching "The Tonight Show Starring Jimmy Fallon" and I came across a video where Jimmy is talking about Bitcoin's Birthday " Thank you, Bitcoin for turning 10 years today this week which is the exact amount of time it takes for someone to explain it to me what the hell Bitcoin is".
Also, I know it was meant as a joke but don't you think this explains facts in a humorous way!
I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?
If you want to watch the video, here's the link: https://www.youtube.com/watch?v=i3Hma8DKXS8&t=100s
(0:53----1:07)
Also, I know it was meant as a joke but don't you think this explains facts in a humorous way!
I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?
If you want to watch the video, here's the link: https://www.youtube.com/watch?v=i3Hma8DKXS8&t=100s
(0:53----1:07)
To understand Bitcoin is to understand cryptocurrency. And to understand cryptocurrency is to understand blockchain technology. If you look at it, it seems complicated. But overtime once you learn about the technology you will be able to understand how cryptocurrency works making you also understand the bitcoin.
i think no. if you know technology i think it is very simple to understand about bitcoin. it's not difficult to understand bitcoin because now technology is getting more sophisticated we can find out about bitcoin from social media, youtube and google. so in my opinion it's very easy to understand about bitcoin.
Decades ago people's understanding about computers were very limited. Majority of which found it too difficult to understand. Nowadays, everybody finds it easy to comprehend. Well, it takes some time for the general public to understand bitcoin. Sooner or later, it would be easy as A B C.
I can answer that question in both ways, yes it is very difficult to understand. Because first of all you need to understaned the blockchain and the cryptocurrency system. You need to go to deep down to the market and search from the first coin to last. And i could say no as well, the bitcoin is like some currency and you buy and sell or wait for the price rising.
Exactly, I keep holding my beliefs with bitcoin that it is not hard to understand as our wisdom is capable to understand the strategy in this asset. And I think it all depends on how we create a positive vision to deal it easily.
I can answer that question in both ways, yes it is very difficult to understand. Because first of all you need to understaned the blockchain and the cryptocurrency system. You need to go to deep down to the market and search from the first coin to last. And i could say no as well, the bitcoin is like some currency and you buy and sell or wait for the price rising.
I think i dont have to understand about bitcoin technical. I am just interesting and investing in bitcoin because i am believe its a good way to make extra money by hold it. From what i understand about bitcoin is bitcoin is decentralized cryptocurrency and its a store of value or digital asset
Yeah maybe because some technicality is from the mining since there's some algorithm stuff that we need to understand.But talking about the bitcoin history, I think even a grade schooler that know how to read with comprehension can know this stuff and a simple math actually is just a piece of cake.
I guess Jimmy Fallon is just joking and maybe OP didn't get the sarcasm out of it.
I think i dont have to understand about bitcoin technical. I am just interesting and investing in bitcoin because i am believe its a good way to make extra money by hold it. From what i understand about bitcoin is bitcoin is decentralized cryptocurrency and its a store of value or digital asset
Yeah maybe because some technicality is from the mining since there's some algorithm stuff that we need to understand.But talking about the bitcoin history, I think even a grade schooler that know how to read with comprehension can know this stuff and a simple math actually is just a piece of cake.
I guess Jimmy Fallon is just joking and maybe OP didn't get the sarcasm out of it.
for new people who do not have a computer and do not know the development of technology, they might assume that bitcoin is difficult to understand, because only people who often interact with computers or the internet will easily understand bitcoin.
I don't think so. I think Math is much more complicated than bitcoin so if you know basic math computations then you can understand bitcoin too. I really disagree when people force other to study the concept behind it and the technicality when what they really need to know is how to use it and that's it.
It can be complicated since it's a totally different set of innovation than what we are accustomed. It is quite complicated when it comes to usability, knowledge, and technology. It is so distant from what ordinary people think about technology. It takes time, effort, and willingness to learn. It may be difficult and confusing at start but don't get tired of learning as it's very valuable and rewarding. Know your purpose and let it drive you to success.
Bitcoin is not 100% secure. Satoshi did not finish his job.
Att. -----. 19i1p0^
Att. -----. 19i1p0^
I don't think so. I think Math is much more complicated than bitcoin so if you know basic math computations then you can understand bitcoin too. I really disagree when people force other to study the concept behind it and the technicality when what they really need to know is how to use it and that's it.
To understand bitcoin, it takes time to learn, and as long as there is a willingness to learn, you will be able to understand bitcoin. Indeed you have to take the time to study, because nothing is instant and everything requires a process.
I think i dont have to understand about bitcoin technical. I am just interesting and investing in bitcoin because i am believe its a good way to make extra money by hold it. From what i understand about bitcoin is bitcoin is decentralized cryptocurrency and its a store of value or digital asset
Actually it's not as hard as you think, I was originally a beginner, I thought it was hard to understand it but gradually I got to understand more, I think we will find it difficult when we are not really looking. understand it
if in my opinion not bro. with shared knowledge we can have an understanding of the world of bitcoin. but that surprised me. with satoshi Nakamoto. who has as great and genius thinking in creating the world of cryiptocurrency
Because not all was open minded to the bitcoin so I think that is why it is hard to understand. The other said if you want theirs a way if you don't theirs a many reason so it means their so many way to understand bitcoin because everything you want to know was in Internet and here in Bitcointalk so it is easy to understand bitcoin if you are open minded.
There is nothing complicated if you just want to invest. You need to learn investment strategies and choose the right one for you, as well as explore the issue of storage. This is basic. And then just keep up to date with all the news about bitcoin.
Actually it's not too hard, it takes us a little time to learn about it is ok
I've met a lot of people who complained about not being able to understand bitcoin. But in fact, they just didn't have enough time to study it. It is quite accessible to everyone, you just need to sit down and start reading a lot about it.
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