Topic: Is cryptocurrency so difficult to understand - page 38. (Read 7180 times)
Yes, it is little difficult because it is totally a new system and no one has enough knowledge about this but day by day it becomes more easier to understand.
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.
At first ot is really hard to understand but if you read more and analyze it it is easy. Crypto world has a lot of things can do so there are a lot of people thinks that its hard but in the otherhand if they learned to used bitcoin it is very easy. It just a matter how you really want to learn bitcoin for you to understand it easily.
Not at all because is self explanatory and we can go ahead on our own to understand as things is with the power of internet as the medium
If it's been a long time in the crypto currency field I think I'll understand what you need to know when it's got used to it in the forum and I know what you need to know and study here in the forum
No its not. I think if you understand it throughout the while forum you will have ni difficulty. Join also the forum to acquire many informations that you can use 
Although cryptocurrencies are simply comparable using the shares as well as trade, it's technicality causes it to be difficult with regard to other people to comprehend as well as utilize it. That is additionally the key reason why many people desired to make use of the conventional repayment program utilizing fiat compared to while using more difficult cryptocurrency.
"Beginning is always the hardest part."
Conduct a survey and seminar on who are those people that are very much interested about cryptocurrency. Such actions like what you are doing is very appreciative of increasing the awareness in your community. Try to research more of it on how people are doing seminars and avoid using jargon words.
Conduct a survey and seminar on who are those people that are very much interested about cryptocurrency. Such actions like what you are doing is very appreciative of increasing the awareness in your community. Try to research more of it on how people are doing seminars and avoid using jargon words.
This is very helpful. Anyways, starting to study cryptocurrency is really hard and I’ve been there before. Arouse their interest and make them research. I actually saw a lot of unfamiliar terms regarding bitcoin and I’ve been searching its meaning so I could understand it.
If it's been a long time in the crypto currency field I think I'll understand what you need to know when it's got used to it in the forum and I know what you need to know and study here in the forum
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.
Not really its not so difficult. Most people only focus on Bitcoin, the digital currency. But that is not the important point. Also, many people are put off by the fact that Bitcoins are 'just data'. But that's what ALL money is, information! More precisely, money is a means for credibly conveying information about value given but not yet received (or at least not yet received in a form in which it can directly satisfy a person's wants or needs).Part of the reason why people have a hard time understanding what gives value to bitcoin is because they don't understand what gives value to money. So, when you hold a rupee note in your hand what gives it value, it is not a promise from the central bank. What gives value to rupee is not the SBI Japan (Central bank) or its promise and full faith in credit of the Japan government.
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.
It's not about difficulty but it's about explaining the more you deal with cryptocurrencies the more you can gain experience and the more he will understand about it so no need to invest a lot in Bitcoins at first you just invest a little bit to gain some experience about and you will get to know everything about Bitcoins slowly
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 is really difficult to teach cryptocurrency to a newbie. Just imagine you are teaching a small child that doesn't even know how to read and write. It is more difficult if the person you are teaching doesn't even use a computer in a daily basis. 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, I think Cryptocurrency is difficult to understand, Given that Cryptocurrency is not like a fiat currency, the system and the price rise or fall can be predicted or at least explained.
Cryptocurrency is something that is beyond the understanding of the average person. However, with a simple explanation about Blockchain technology firstly, I think cryptocurrency will be easy to understand.
Cryptocurrency is something that is beyond the understanding of the average person. However, with a simple explanation about Blockchain technology firstly, I think cryptocurrency will be easy to understand.
It is not difficult to teach somebody about cryptocurrency but you have to start from the level of those you are teaching which means you have to find a way to explain the blockchain terminology in such away that they will understand. Explain the theory of decentralization which is the fundamental of cryptocurrency. They must also know that cryptocurrency are digital money which is a major difference from the fiat money which they can physically hold and see but not same with digital currency which they own and hold in their wallets. Talk about government control over fiat money through central bank and inform them that government has no control over the crypto.
Only thing that you do is read and do some research to understand the crypto.
I agree with it. Cryptocurrency so difficult to understand for the new people. It will take a little time to start and it will face various problems. Once you can master it, you can get a full knowledge about it. Once you understand the whole thing, the next time you will not face this problem. This is actually a matter of time and experience..... 
Is crypto currency so difficult to understand Well for me i think no because if you try to search snd understand for sure its not difficult to learn about cryptocurrency. Just spent time to learn.
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.
At the first time you introduce cryptocurrency, they will be culture shock because they are not aware of that environment. They will first think about it as a scam or it will deceive them but it just a normal thinking for a person new to cryptocurrency. But I think for you to make them understand what cryptocurrency is all about, is to not disturb them all the time, just show them the good side of bitcoin and how it helps everyone and let them decide if they will patronize it or not.
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.
actually it's not the truth that they understand the fiat transactions and don't understand crypto. I don't think they understand fiat either. They just have an app, where they push the button and money is sent. It's important to figure out they don't need to understand crypto either
I think for the beginners it will be very difficult for them and they will spend a lot of time on bitcoin. But first you have to understand what is blockchain and then you have to see the market. So my advice for the newbies is search or read some information the blockchain and understand how bitcoin works.
Cryptocurrency was a new major which happened about twenty years ago. Even now there are quite many people have never heard about it. Thus, I can not say that cryptocurrency is neither difficult nor easy. If we search much about something, you will be expert on this major. And Cryptocurrency is the same. Let's change Cryptocurrency to become your major.
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