Is cryptocurrency so difficult to understand - page 12.

entrepmind23

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Quote from: allezbitcoin on September 24, 2018, 06:08:57 PM

One way is that they must participate in transactions and you as a person who understands more, there is no harm in giving a little information from every step of the transactions that people do in your community.

Experience is the best teacher would be the best when it comes to learning so I agree with you that when they are doing the transactions themselves then it would be easier for them to understand it. When someone is just describing something to you especially when it comes to processes, we might not be able to immediately understand it because we cannot imagine it but when we do it with first-hand experience then it is easier to understand. Sometimes, a long description would just take a few second to perform.

Quote from: javadsalehi on September 24, 2018, 05:31:09 PM

Cryptocurrency is another system of money. But there are many differences with the money, ordinary people know.
I don't think understanding the concept of Cryptocurrencies is difficult, but most of the people get confused when they bear about it for the first time.

Yes, many of them are confused and some would even refuse to learn more from it and just immediately blurt out that it's a scam when they don't even know something about it. This is the effect of how the media delivers the report and cloud the perception of the people. When I want to teach someone about it then I would just wait for them to ask me because I don't want to waste my time on someone who would just immediately judge it.

bitcoins94

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No it's not. The value of the AML Bitcoin is not determined by any government. Therefore, if any economic or financial instability occurs, AML Bitcoin users are not affected.

allezbitcoin

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One way is that they must participate in transactions and you as a person who understands more, there is no harm in giving a little information from every step of the transactions that people do in your community.

Kuchiyose

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This cannot be understood by anyone because we only estimate about when prices will rise and will decline. Something kind of virtual currency that is unstable and shocking.

javadsalehi

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Quote from: jcmansah7 on September 24, 2018, 05:16:33 PM

well i don't think cryptocurrency is difficult to understand even though it is another system of money. Almost every greener in here might have faced this problem but with determination you will really understand how cryptocurrencies and how they are work.

Cryptocurrency is another system of money. But there are many differences with the money, ordinary people know.
I don't think understanding the concept of Cryptocurrencies is difficult, but most of the people get confused when they bear about it for the first time.

enogheghase123

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crypto currency is a broad topic that cannot be entirely understood, even Satoshi Nakamoto has a lot to learn about cryptocurrency, so in order to understand how to handle your prospective referals, you must first be abraced with the concepts of cryptocurrency, you cannot give what you dont have so study about crypto currency first then talking others into it wont be took tasking.

[email protected]

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cryptos are difficult to understand at first. But even fiat money is quite difficult to understand.Frankly speaking when I first heard about bitcoin which was the dominating crypto currency at that time, I was fascinated. I kept on asking the friend who told me the revolutionary journey of bitcoin from zero to where it is today. I had never heard of block chain or bitcoin at that time. However I started to learn about bitcoin watching tutorials and exploring it all over the internet.So what I am trying to say is, to learn about crypto currency there should be the desire or the interest.

jcmansah7

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well i don't think cryptocurrency is difficult to understand even though it is another system of money. Almost every greener in here might have faced this problem but with determination you will really understand how cryptocurrencies and how they are work.

ylnar123

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Quote from: nussy on August 31, 2018, 03:43:49 AM

I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.

Yes it will be hard to understand if people will close their mind and think of it as a scam. It only depend on individual understanding and self discipline to understand the complicity of cryptocurrency.

Cryptogid

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Cryptocurrency is easy to understand, and the area the person is interested in,either how the blockchain works,hash code,and it depends on the persons ability to to comprehend the explanations..

Escf4

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GIGZI - INDEPENDENT WEALTH MANAGEMENT

Cryptocurrency is not really very difficult to understand , all the concepts are well explained when you make sone research on it , it is not hard to understand like other other generating investment schemes in the internet ,if you have a referrence persons that can trusted which is part of the cryptocurrency ,it will be more easy to understand about cryptocurrency.

javadsalehi

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Quote from: doanlang on September 24, 2018, 10:23:03 AM

The continued growth of crypto by promoting concentration and industrialization. Regular users can not expect to become a professional trader without great investment, as well as certain technical knowledge and experience.

I don't think poster means skills such as trading and earning money with cryptocurrencies. Only a few people trade cryptocurrencies or invest them. I think the poster means understanding how blockchain is working and how cryprocurrencies can be used for payments.

frankiemalton

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It is the first currency in the world that is both decentralized and digital. It is more reliably scarce than gold and more private and transactionally efficient than "modern" digital banking. This is why people are excited about bitcoin, it has the potential to completely revolutionize money.

Pyr3x

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It may be difficult, but if you subscribe to high-quality blogs run by experienced bitcoin investors, then you will succeed. The main thing is the desire.

minhlee95

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DIA | Data infrastructure for DeFi

It's not hard. Knowledge about cryptocurrency is studied in the same way as any other knowledge about modern technologies. And if someone really wants to learn bitcoin, he will do it.

Paashaas

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To this date, people on the streets the media they still don't understand it.

Still to much FUD.

Maxson

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It is difficult to understand only if you do not have very good mentor. and also you need to read up crypto currency news for to gather more knowledge on buying and selling.

#Paul

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Yes, it's quite difficult even I have suffered a lot to learn it
That is why the people are getting confused but if u learn it than u r going to earn it

cryptotenoy

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Quote from: nussy on August 31, 2018, 03:43:49 AM

I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.

From the word currency it can be spent or can be invested same as fiat but in a digital form since we are already at the new era.Bitcoin can be used in doing transactions using gadgets smartphones,laptops,computers or tablets anything that accesses internet.
Anyway just let them do some research about it bevause these would probably help them understand more on bitcoin and cryptocurrencies existence.

bentong talong

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🚀🚀 ATHERO.IO 🚀🚀

Quote from: Trustor on September 23, 2018, 07:01:42 AM

Talking from my experience Yes it is very hard to understand about crypto currencies especially when it does not have any fixed set of rules. Reading a lot of forums and investments have helped me understand a little about it but still I feel I do not have any idea about the capabilities of a infact just few currencies.

At first, it is very hard to understand especially when you are the only one who’s studying it. But if you will pay attention on it, it could be easier for you to understand it.

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