Topic: Is cryptocurrency so difficult to understand - page 17. (Read 7208 times)
They are not difficult to understand if you want to learn about cryptocurrency. I started here just reading a lot about cryptocurrency, and all the information about cryptocurrency you can find here on the forum.
cryptocurrency so difficult to understand for those who want to learn code, quite easy for people just have to use! The most important thing is how to secure your private key!
It is very difficult to be understood only by those people who do not want to understand it. When you have a keen desire to be involved in the crypto, you will learn it fast.
If you look at people, everything that's new and incomprehensible always scares people. Many are afraid of investing, since the crypto-currency market is a young market. Especially people are afraid of the fact that the market has no stability and volatility, which worries investors.
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.
That is right mate being engage into cryptocurrency seems to be the hardest for us to learn most especially If we want to share it to others I suggest that its best to choose a person who has a narrow mindset because every single day is a learning experience and if they are open minded the can easily adopt cryptocurrency and we wont hear from them any complaint of what has taught. 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.
I don't think you need to explain cryptocurrency from the technical point of view. Just like we explain the internet: it is an information protocol. We did not explain about TCP/IP and IP v4 stuff. Just mention that it is a digital currency where money can be transferred quickly with a reasonable fee. And then show the wallet, how to transfer, and stuff...
Don't forget to add the part that, it values is meant to increase or decrease due to demand and supply ,so even if it's purpose is not yet adopted world wide , you can still hold it as an asset to use in future
Yes, Cryptocurrency is very difficult to understand all other coin we can find out in this site actually it is difficult to understand what does cryptocurrency do?.....
What can be difficult in understanding how the crypto currency works? The network has a million different videos on which everything is perfectly explained. If someone does not understand something - teach him how to use YouTube.
It will always be difficult to understand to those beginners, but they can learn something about crypto day by day. Reading about it will be helpful.
It really isn't THAT hard to understand though. Those people are not familiar with crypto so its really hard for them to understand it.
It really isn't THAT hard to understand though. Those people are not familiar with crypto so its really hard for them to understand it.
Cryptocurrency is with high fee privacy payment.
You pay high price for privacy.
You pay high price for privacy.
Most people only focus on Bitcoin, the digital currency.
But that is not the important point. The important point of Bitcoin is the blockchain, or the digital public ledger. By making accounts anonymous and public, Bitcoin replaces the role traditionally played by commercial banks in recording transactions. This is because each bank would keep its own private ledger of all transactions; Bitcoin stands this on its head by creating one public ledger which is anonymous, and makes it freely available for download.
Then, by limiting the amount of Bitcoin in circulation, and making that number public, Bitcoin plays a role traditionally played by central banks.
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.
But that is not the important point. The important point of Bitcoin is the blockchain, or the digital public ledger. By making accounts anonymous and public, Bitcoin replaces the role traditionally played by commercial banks in recording transactions. This is because each bank would keep its own private ledger of all transactions; Bitcoin stands this on its head by creating one public ledger which is anonymous, and makes it freely available for download.
Then, by limiting the amount of Bitcoin in circulation, and making that number public, Bitcoin plays a role traditionally played by central banks.
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.
First it is difficult to understand but you need to read and read all updated news about cryptocurrience . Yes it is difficult in the way you transaction and make payment but if you are confident to have a profit and have a money you can pursue it to enchance your understanding on bitcoin because first it is difficult but in the end it very easy to understand .
It is like study on school and it is hard to understand when you get into the highest level when you are started at school, right? So, every beginner on this area or cryptoworld need some basic knowledge before they go to invest because also me, I haven't lot knowledge about this and I need to cite some information from google because there are some update on bitcoin.
We all experience that so we know about the knowledge of some beginner.
Is cryptocurrency so difficult to understand? For me No its not difficult to understand the cryptocurrency. Its easy to understand because if you want to know about crypto just search and study about investment.
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.
crypto currency and with all its investments is an economic system that uses technological advances and the development of the times so if people who do not understand the development of the times and technology I find it very difficult to understand with all its understanding 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.
Anything we are not use to i think it becomes difficult for us. Cryptocurrency is not that much difficult to understand. Once you try to get in cryptocurrency world you can learn a lot about it.
I started studying crypto-currency six months ago, but still do not fully understand many things. I think it is not difficult to understand the essence of the crypto currency. There are many articles about the crypto currency.
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.
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.
If you will open your eyes and widen your knowledge bitcoin can be understand so easily. One factor to be able to understand it better is that if you have knowledge about stock market because they have almost the same concept.
Probably Yes, the scope of all very difficult to understand and learn it to have to understand how everything works and works, you need a lot of time and work is not a couple of minutes and days.
I dont think the concept is truly that difficult to understand, the major issue is actually people who are too ignorant to even try to understand. These are the people whose preconceptions rule their lives and will always be close minded to new things. fuck em.
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.
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.
Since bitcoin is not widely accepted, the only way to educate them is about blockchain technology. As bitcoin is one of the first true blockchain and decentralized currency. Simple way to let them know the accessibility and convenient it offers like sending money using bitcoin to other country with lesser restriction.
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.
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.
to make people understand the world of cryptocurrency is difficult, even we are ridiculed for talking bitcoin, but if we show how our process produces the benefits of bitcoin it will be very easy to make them understand cryptocurrency, people want real evidence even through the media is difficult but if immediately practice in front of them they will quickly understand. my experience when explaining bitcoin to people is very bitter, I was told a gambler
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