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Topic: Is cryptocurrency so difficult to understand - page 26. (Read 7180 times)

newbie
Activity: 331
Merit: 0
September 13, 2018, 12:15:19 PM
Understanding whole technology , blockchain , smart contracts , and there are lot of complex aspects. It is true. But a proper study can cover them all well
jr. member
Activity: 489
Merit: 1
September 13, 2018, 12:10:34 PM
Normally everyone have their area of interest and their mode of understanding and assimilation. It is because of the profit involve that makes everyone try to force themselves to learn.
sr. member
Activity: 1050
Merit: 269
September 13, 2018, 11:53:56 AM
I think cryptocurrencies is easy to undestand. If you have a normal human intelligence. I think the people who cant understand the blockchain technology dont have enough intelligence also to live. these are the same people who cant do anything be itself and always need help from other people. So you need a little bit of interesst to understand it!

No need to be too harsh there Salesman4coinz.

Cryptography itself is a difficult matter to understand, what more now that it turned its tail digital or electronic in form? And what more for blockchain?  I doubt that there lies a single sentence that can be used to easily grasp the whole concept.

But should one don't understand what cryptocurrency is really all about, i don't think that it is right to brand them with no intelligence at all. If you could be kind enough to lay down your explanation in its simplest form, perhaps i might side with you.

Please do entertain us.
newbie
Activity: 112
Merit: 0
September 13, 2018, 11:53:40 AM
At first everything seems difficult to understand and people just give up without giving any efforts. If they can just learn about cryptocurrency they will find it pretty interesting and easy to learn and use.
hero member
Activity: 1092
Merit: 501
September 13, 2018, 11:52:37 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.

In my experience here in crypto world was that yes! it is truly hard to understand crypto especially if you don't have any idea about in technical aspect in the technology. Its been a months before I get to the point that I understand anyhow in some other way, by simply reading most of ten in this forum discussion about in altcoin.
newbie
Activity: 99
Merit: 0
September 13, 2018, 11:38:27 AM
Everything seems very difficult if you never go through it,if you are curious,determine and up-to-date about crypto then i don't think it is so difficult to understand, just you need to thirst for it to achive it.
full member
Activity: 462
Merit: 102
September 13, 2018, 11:38:21 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.

It's not and I think cryptocurrency is for everyone, regardless of age, sex, class, even rich or poor. It's a very simple easy to learn and adapt. Content creation or development of their own cryptocurrency would be the complex part of it. Maybe computer sciences may develope their own given the right backing.
member
Activity: 307
Merit: 10
September 13, 2018, 11:36:52 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.







Crypto currency is not difficult to understand because there are many information about crypto currency that can answer what is/are your question/s. If you really want to know what is crypto currency make sure that your mind is open to that therefore you will easily understand that crypto currency is one of the thing that can earn money.
full member
Activity: 391
Merit: 100
September 13, 2018, 11:35:17 AM
It's not really difficult to understand unless you don't have any background or knowledge about cryptocurrencies. It's better to do research on the world of cryptocurrencies.
newbie
Activity: 12
Merit: 0
September 13, 2018, 11:34:28 AM
First it is difficult to understand but you need to read and read all updated news about cryptocurrience.Conduct a survey and seminar on who are those people that are very much interested about cryptocurrency.
newbie
Activity: 79
Merit: 0
September 13, 2018, 11:34:06 AM
In real it is difficult for those people who do not have knowledge of computers but who do have knowledge of computers they can understand bitcoin after a couple of days.So,to understand the bitcoin first a person have a knowledge of computers.
jr. member
Activity: 313
Merit: 1
September 13, 2018, 11:32:17 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, in some cases cryptocurrency is very difficult for ordinary people to understand. The reason is that people usually can't catch the way Blockchain works.

Another thing that people usually can't catch is the value of cryptocurrency. So you have to teach them about money in general.

Nothing has a fixed value, not even a dollar. The value of money comes from a number of factors (durability, portability, division, uniformity, limited supply, acceptance), and cryptocurrency like Bitcoin has proven it is a valuable repository that can be used because it meets all these characteristics, and, in fact, it seems better of gold as a reserve currency.
 
So the simple way to teach them is that cryptocurrency like Bitcoin has value for simple, ordinary market law: demand and supply. People want it because it functions as a valued repository, and thus its value grows.
member
Activity: 909
Merit: 17
www.cd3d.app
September 13, 2018, 11:24:37 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.

   No,cryptocurrency is not difficult to understand. It is so easy to understand it if you really eager to learn and understand about it. Learning is easy to do if someone is willing to learn and gain knowledge. Try to encourage other people with your proof. You know people is to see is too believe and they need proof before they believe. To know about cryptocurrencies is depends on a person if there is a willingness to learn.
full member
Activity: 394
Merit: 100
September 13, 2018, 11:16:49 AM
I agree, the cryptocurrency in General is very difficult to understand, since this whole area is very complex, and too much information comes in that you need to remember and use it in the future.
full member
Activity: 640
Merit: 104
September 13, 2018, 11:15:58 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.

in my opinion, you must teach from the beginning to those who have difficulty understanding crypto currencies. we need to tell them how crypto markets work, we also have to explain all about ICO projects and bounty campaigns so that those who have difficulty understanding crypto currencies can understand the journey of a coin to the crypto market.
newbie
Activity: 45
Merit: 0
September 13, 2018, 11:13:28 AM
it is absolutely difficult for me to understand about bitcoin. I must read a lot of documents and did my research about market to understand more about our world
sr. member
Activity: 462
Merit: 250
bvo.trybravo.com
September 13, 2018, 11:08:07 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.
I once tried to explain to my mom what cryptocurrency is. It is a 52 year old woman who can't even properly use a copy-paste function on her laptop  Grin
Amazingly, she quickly got the concept of blockchain and asked me the right questions. I'm not sure what exactly helped her, maybe it's her degree in social communication studies..
newbie
Activity: 140
Merit: 0
September 13, 2018, 11:02:40 AM
understanding the cryptocurrency is not hard i think. you can read and ask questions from the crypto community. but you can't predict the crypto market at all.  it approved in this year more than ever.
full member
Activity: 770
Merit: 102
September 13, 2018, 11:00:45 AM
There are some people who can easily understand cryptocurrency and eventually invest, but there are also some people who are difficult to understand about cryptocurrency and in the end they don't want to invest. thus showing that everyone has their own mindset and understanding that cannot be forced which in the end they have the freedom to determine how they will invest and what investments they will do according to what everyone believes.
full member
Activity: 616
Merit: 100
September 13, 2018, 10:54:22 AM
i believe my teacher word, that there are impossible in this world, if you believe it and want to try it you can do that thing, it same with study hard and understanding about bitcoin, if you have interest in it and believe on it you know about bitcoin and all of that things
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