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Topic: Is Bitcoin/Cryptocurrency user friendly? - page 3. (Read 10936 times)

hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
August 16, 2019, 08:21:11 AM
Cryptocurrency — be your own bank. Most people are not yet ready for it. Mnemonics, private keys and now dpos systems such as eos which is even more complicated to understand, in terms of keys.

This needs to be bit simpler.
That is why cryptocurrency is an alternative to the traditional bank, if we have people that do not understand it or think it is quite complicated, and then they can just stick with the use of their traditional banks, while those who would understand it can continue to make use of it.

I would not even want it to be so easy for everyone right now, because it would quickly shift the attention of people to crypto, and then make them drop traditional banks suddenly which will still not be good because it would make the government system suddenly become irrelevant, but we need to gradually grow in it till government finds a way out to regulate, then we can talk of simplifying its technology, the system is still this complicated, hacker are hacking into it, not to talk of when it is simpler.
full member
Activity: 1638
Merit: 122
August 13, 2019, 05:57:17 AM
Cryptocurrency — be your own bank. Most people are not yet ready for it. Mnemonics, private keys and now dpos systems such as eos which is even more complicated to understand, in terms of keys.

This needs to be bit simpler.



You are being a fool by saying this. Pay me and I'll keep your coins you can't by yourself, simple. That's what a bank actually is, a full reserve bank.

And guess what, that has NOTHING to do with "cryptocurrency", it is you who decide who you give them to safeguard them, not the coins. Nobody is forcing you to keep your own wallet, you should, but that's besides the point. There is a lot of online wallets and exchanges you can trust your coins to, and hope they never disappear or go bankrupt, like banks do...

His point is not about totally on banks because the topic is not foccused on banks but its about the difficulty of using a bitcoin or a crypto  .  though he mention crypo similar to banks on his first sentence  .

Anyway  . private key , phenomic phrase , seeds or other ways to open a wallet are only optional but most of the wallet and exchange mainly used  traditional passwords or pin numbers which is understandable by anyone . so id say cryptos/btc are easy to use
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
August 12, 2019, 09:39:15 PM
Cryptocurrency — be your own bank. Most people are not yet ready for it. Mnemonics, private keys and now dpos systems such as eos which is even more complicated to understand, in terms of keys.

This needs to be bit simpler.



You are being a fool by saying this. Pay me and I'll keep your coins you can't by yourself, simple. That's what a bank actually is, a full reserve bank.

And guess what, that has NOTHING to do with "cryptocurrency", it is you who decide who you give them to safeguard them, not the coins. Nobody is forcing you to keep your own wallet, you should, but that's besides the point. There is a lot of online wallets and exchanges you can trust your coins to, and hope they never disappear or go bankrupt, like banks do...
sr. member
Activity: 798
Merit: 251
Small Trader
August 12, 2019, 06:36:30 PM
As long as I know Bitcoin, I have never had difficulty using it. It's very user friendly btw. Because in its application (we as users) only sell / buy transactions and Bitcoin transactions between wallets. That is the basis of this Bitcoin. As long as we carefully write the wallet address, the Bitcoin that we send will be safe.
newbie
Activity: 20
Merit: 0
August 12, 2019, 09:56:03 AM
Bitcoin is harmless.

How people use Bitcoin is another thing.

People create bitcoin for income, business, to learn trading and others.

But other people use the bitcoin to scam and hook money from others.

As for other thing, Bitcoin also needs computer and other gadgets to be used and circulated, and this machines produces radiations.
hero member
Activity: 2520
Merit: 952
August 11, 2019, 10:35:41 PM
Cryptocurrency — be your own bank. Most people are not yet ready for it. Mnemonics, private keys and now dpos systems such as eos which is even more complicated to understand, in terms of keys.

This needs to be bit simpler.

full member
Activity: 630
Merit: 103
August 11, 2019, 10:26:51 AM
It is made to be user friendly. Bitcoin along with other Alternate Cryptocurrency was made to be understood to those who have less knowledge about Blockchain Technology. They create their platforms as simple as possible because lot of investors might come from people who have few knowledge about Crypto. Bitcoin was easy to understand when i first learned about it. It gave me different ideas about how versatile Cryptocurrency can be.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
August 11, 2019, 05:46:01 AM
I believe that most problems for Bitcoin owners arise due to the lack of certain knowledge.  I am sure that you simply can’t lose your cryptocurrency funds just like that, because always a person makes a certain mistake.  I believe that the massive use of Bitcoin is still under the “big question” because our society is not yet ready for it.

Yes, every certain thing should be learned, ignorance on a certain thing is not an excuse to say negative accusations about bitcoin. Every knowledge and experiences can be acquired through other people, that's why we're here in the forum to discuss everything.
jr. member
Activity: 103
Merit: 2
Writer
August 10, 2019, 01:10:27 PM
Not really, no.

There is a lot to learn, many choices for wallets or exchanges, and there are many things that can go wrong - which can cost you your BTC transaction, or even your whole wallet.

Have a look at the number of posts here saying something desperate like :
"help, I lost my BTC and need help getting them back !"
(if you stuff-up, your BTC are gone forever - almost NO chance of recovery.)

But it is getting better.

Kapyong
jr. member
Activity: 89
Merit: 2
Cryptocurrency is opening all sort of possibilities. To stay user-friendly and to operate at a high position with consistency, it has created the cryptocurrency wallet and digital wallets.
There are many digital currency wallets such as Gatethub, Coinbase, Bitcoin Core, which you can choose to check your scores. Blockchain technology and cryptocurrency are doing everything in their power to make transactions and online transfers convenient for people. 
But, still, there are many people who are not familiar with the concept of cryptocurrencies. It will take time, but I think soon fiat will be far behind the cryptocurrencies.
sr. member
Activity: 1162
Merit: 251
bitcoin is friendly to users as long as these users can use bitcoin wisely. now the obstacle of bitcoin is that prices go up and down quickly, someone who can be patient and can manage bitcoin might be able to make friends with bitcoin and maybe bitcoin would be friendly to him.
Actually this question will have a varied answer, and of course the answer is not always positive, bitcoin can be called unfriendly because it is difficult to use, use the internet and gadgets and etc, I think the use of bitcoin today for modern people like me is friendly, just need a lot repairs such as network transactions that are sometimes slow and expensive fee, fix that then it will more better
hero member
Activity: 1834
Merit: 566
depends on the wallet. some apps are very easy, but don't have all features. electron is a great wallet, but hard for noobs to understand.

even when you recommend a simple mobile wallet, people are still scared if you start talking about private keys and backups.
they are used to passivity, to pay a bank for this responsibility.
Firstly, bitcoin is user friendly but the wallet in subject was electrum not electron and like you said wallet, app or platform people uses determine the ease of using bitcoin but the article with news some newbies read are misleading. However, I will never advise anyone to totally believe in mobile wallet or keep huge fund on it.
hero member
Activity: 3052
Merit: 606
bitcoin is friendly to users as long as these users can use bitcoin wisely. now the obstacle of bitcoin is that prices go up and down quickly, someone who can be patient and can manage bitcoin might be able to make friends with bitcoin and maybe bitcoin would be friendly to him.
Is just a give and take situation.If you know how to manage your bitcoins well and know how to use them properly,you will be more profitable and you will get fast and effiecient transactions with bitcoin.But if you just here for bitcoin believing it can give you the best life you want without exerting much effort,then bitcoin would never grant it to you.
full member
Activity: 966
Merit: 102
bitcoin is friendly to users as long as these users can use bitcoin wisely. now the obstacle of bitcoin is that prices go up and down quickly, someone who can be patient and can manage bitcoin might be able to make friends with bitcoin and maybe bitcoin would be friendly to him.
member
Activity: 280
Merit: 12
I think it is definitely getting there. The hardest thing for people to really be able to understand is how to save their keys and the wallets.
full member
Activity: 429
Merit: 102
Cryptocurrency is definitely a user friend. It makes things easier and more convenient, if you really know how it works and how to deal with it. Problems just occur from the lack of knowledge about crypto. It still a lot of time, effort, and knowledge to appreciate the value of cryptocurrency
It depends where you do transactions. Those who have not enough knowledge on how it going to use may find it hard but if you study, it is easy. The problem is just the processing because sometimes it takes how many days to confirm the transactions.
member
Activity: 590
Merit: 39
depends on the wallet. some apps are very easy, but don't have all features. electron is a great wallet, but hard for noobs to understand.

even when you recommend a simple mobile wallet, people are still scared if you start talking about private keys and backups.
they are used to passivity, to pay a bank for this responsibility.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
The very first time usage will be little complicated, further it will be felt very simple to use the same. These days there were more applications getting developed for the usage of bitcoin and other cryptocurrencies. This has made a change that even the users without much knowledge about the technology too can make use of bitcoin without any complications.
sr. member
Activity: 770
Merit: 250
In theory, it is very convenient to use cryptocurrencies. You can transfer funds in seconds anywhere in the world. But this system of course requires further improvements. Inconvenient can still be called the fact that the use of cryptocurrency is accompanied by access to the Internet and there are some countries where the use of the Internet is not so common.
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
I'm curious to know what the community thinks in terms of how user friendly entering this market is? I know we've come a long way from the days when UX/UI was extremely poor for most companies but are there other areas that require improvement?
crytocurrency is user friendly but you need to learn and understand the true concept of it. if user is interested its not that hard.
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