The concept of crypto currency can feel a bit alienating at first, but it isn't too hard either. You can think of electronic money, such as when you use a debit card, and you wouldn't be too far off.
It may take longer to transact, but its safer. Also it is decentralized, doesn't depend on any government or institution, you are your own bank (like gold), unless you decide you'd rather let others safeguard your money (like a bank).
No one can manipulate this money, no government or bank may decide tomorrow that it has half purchasing power (by printing more). In fact it was already decided to be limited by code, which is unchangeable unless the majority decides to do so. Its not in the hands of few individuals.
Its value in fiat was chosen by the market, but it doesn't mean anything to bitcoin itself. Should the market someday decide to stabilize its price, it will keep going up simply because governments have chose inflation as their policy following the flawed thinking of the Chicago school of economy. If you think deflationary money is dangerous, study the Austrian school, especially full reserve banking to learn how it would work.
So Bitcoin its not just your regular electronic money, its electronic gold like money.
Topic: Is Bitcoin/Cryptocurrency user friendly? - page 4. (Read 10936 times)
Bitcoin is always user friendly. It's easily understood when you are been shown how it is done. It's super secured when you have your private keys and wallet with you. You can easily run your transaction without fear
User friendly :- Allowing simple interface for users and providing them with fast customer care responses. Following up their needs and keeping their identities intact at the same time globally integrating them with people all around the world , instant transactions with lightning network and deep security with Segwit integrated ones.
For added security you can add-ons plenty of things that are already there , it's amazing how you can click and download your own wallet in seconds .
It does seem user friendly doesn't it ?
For added security you can add-ons plenty of things that are already there , it's amazing how you can click and download your own wallet in seconds .
It does seem user friendly doesn't it ?
If I am to respond as a person who has been in crypto for quite some time I would say bitcoin is a the most user friendly cryptocurrency out there, from its wallet setting to its use as payment option when compared to other crypto. Nonetheless it might seem very difficult to understand for a newbie, but with a little explanation every newbie can fully understand the basic concept of bitcoin which is needed to enable them use bitcoin as a means of payment.
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
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?
Have you ever considered Facebook, Instagram and other all apps user-friendly? Because for me, they don't. They are so complex and only your determination to use it will help you to understand and be familiarize with it. Even the famous games in andriod and apps are not that easy to master but it's just a piece of cake for kids ages between 5 - 7 years old. So they are just technically the same as bitcoin and it won't be a problem I promise.
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?
I suppose it depends on where you live,
In my city and region, it is becoming more and more easy to trade and buy cryptos.
We even have a local place where everyone can buy and sell cryptos up to 8000 Euros in cash.
I remember reading a thread here saying that Bitcoin is money for nerd
I can followWhen one asks What is a Bitcoin?
and to answer that question you need to start talking about algorithms...
In some cases, yes and in many cases no... there are some incredible apps emerging out there but generally speaking it is not user-friendly by definition as the UX is foreign to what most people are used to. Bridges are being built however and education will only get better. It's only a matter of time! There are too many people behind BTC for it to not be built up and upon.
I agree. Crypto is user-friendly because it is easy to transfer everywhere of the world but this is anonymous which can hide your identity. It is friendly because we can used it anytime wherever we are as long as the place is nit remote area and have internet connection.
I think not all of the people will agree.
I remember reading a thread here saying that Bitcoin is money for nerd and that makes me wonder that it might be hard for some people to understand or use it. There are times we need some programming skills to transact them but if there is a user-friendly exchange where you can do that, I don't think it will be a problem. I think there are people, certain people that don't understand Bitcoin that quickly.
While Bitcoin and other crypto is not YET totally user friendly (e.g. managing own wallet, no support if it's lost,, use of long priv keys, etc), the crypto currency as a whole indeed SOLVES A LOT of problems in the financial world that why we see it's value increase from $0.003 to ATH of $20,000 in just 10 years.
We'll see more adoption and more innovative projects that will make crypto more mainstream in the years to come.
We'll see more adoption and more innovative projects that will make crypto more mainstream in the years to come.
Well it depends on how you use crypto. If you are just using it as a currency for trading with goods or physical items yes it is very userfriendly especially if you are trading with a user on a different side of the Earth. You will just send your crypto within minutes they will received it and then theyll send you the item.
I agree. Crypto is user-friendly because it is easy to transfer everywhere of the world but this is anonymous which can hide your identity. It is friendly because we can used it anytime wherever we are as long as the place is nit remote area and have internet connection. 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?
As for me, the major turn off is the ewallet management.I'm not a trader, so I use a Nano L., and having to manually klick the two buttons on the little bug in order to enter the right code ...
Then there are the Ledgers updates. How to do them without wiping out everything...
The seed words. Where do I hide them etc.
I find bitcoin stupidly easy to use but I do have a slight technical background growing up. The biggest thing for newbies is not falling for scams. A lot of people fell for those recent electrum update messages that were fake. I'll admit, those were convincing to me as well but I went and checked on the forum if they were legit or not.
As for me, it's user-friendly but there are just some areas where you should have the eagerness to learn about. People would not have it in terms of investment and mode of payment if it isn't user-friendly. It's causing too much convenience and the blockchain technology is even making things in the finance area lighter. Sometimes, we are thinking that cryptocurrency itself is not easy to use but it sometimes depends on the wallets that we're using.
True, if you ask questions about UI / UX, then everyone's answers will be relative. Maybe for someone who understands bitcoin for a long time, this is easy but not for a newcomer, maybe like math.
Sure enough, that convenience depends on the wallet of each coin. In my opinion, in terms of UX, there are still many who do not meet the criteria. But I am sure that in the future it will be more developed.
Many application, releases, and "user-friendly" tool are being integrated, but it's not enough, really not enough to make crypto accessible to housekeepers. Even news doesn't help to absolutely non-technical "housekeepers" who could get involved with 1 click, no more, and absolute guarantee of safety. But do we need that friendliness? Crypto is a thing invented mainly for future generations, fresh people with digital blood, and they will have no problem with installing their wallets or keeping private keys away from prying eyes.
for beginners bitcoin is not user friendly, why do I say that, because at the beginning of knowing bitcoin I did not understand how to buy and use a wallet. maybe I'm stupid, I have to ask friends and use the search engine to understand how bitcoin and blockchain work. takes time to understand, because I will not risk losing money because of my lack of understanding. as a beginner it's natural if I don't want to take risks and the many issues of scam make beginners more careful.
With more new applications that were getting developed it is possible to make cryptocurrency and bitcoin user friendly to all levels of people. With beginners too it isn't that difficult, because if they make a transaction once they'll get to know good about it. Further on using bitcoin for few times they'll more comfortable using it further. 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?
As you have said, a long time ago UX/UI in Linux was a problem "to adopt" this operating system. Nowadays any user can use the vast majority of distros.
I think it will happen the same with Bitcoin and sure we don't have to wait so much time as it has needed to improve UX/UI at Linux.
What do you think?
for beginners bitcoin is not user friendly, why do I say that, because at the beginning of knowing bitcoin I did not understand how to buy and use a wallet. maybe I'm stupid, I have to ask friends and use the search engine to understand how bitcoin and blockchain work. takes time to understand, because I will not risk losing money because of my lack of understanding. as a beginner it's natural if I don't want to take risks and the many issues of scam make beginners more careful.
There is already a lot of innovation on cryptocurrency especially on Bitcoin, especially we are on the generation of the mobile device. Being user-friendly in cryptocurrency is really common now, especially most of the people now are using their mobile devices, much easier to operate compared to desktop computers or laptops.
If being user-friendly is the problem, there's a lot of alternatives, for example, if they don't want mobile devices to buy some bitcoins because it's too small or not responsive (if in website), they can use their laptops to use cryptocurrency.
If being user-friendly is the problem, there's a lot of alternatives, for example, if they don't want mobile devices to buy some bitcoins because it's too small or not responsive (if in website), they can use their laptops to use cryptocurrency.
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