Topic: Is cryptocurrency so difficult to understand - page 41. (Read 7209 times)
I do not think so. all that is needed is learning about this. because education about this is very important for people who want to be involved in the world of cryptocurrency
Cryptocurrency was around ten years ago and has now become quite popular, cryptocurrency is designed by solving mathematical problems based on cryptography.
You can explain to the general public about this when playing with crypto / coin,
Interestingly, this can be done anytime and anywhere, not depending on the bank's work day or government work day, no downtime and transactions can be done in minutes.
Maybe this way you can explain so that you can quickly understand what is difficult to interpret. Hopefully success.
You can explain to the general public about this when playing with crypto / coin,
Interestingly, this can be done anytime and anywhere, not depending on the bank's work day or government work day, no downtime and transactions can be done in minutes.
Maybe this way you can explain so that you can quickly understand what is difficult to interpret. Hopefully success.
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.
I don't think it's difficult to understand about cryptocurrency technology, there are many simple explanations that are easier for beginners or ordinary people. this is why the importance of reading culture is so important. You have to find out a lot of reading for experience and insight until you get knowledge.
I think you are right as the drop down of market few months back and now as market it's difficult to chose to say what to do so you can say that cryptocurrency so difficult to understand.
Agree. Because honestly speaking no one can really predict the real scenario of bitcoin market condition. It really difficult to understand in a sense that there's no basis how will the market behaive in a good correction and when will be the right time to catch it.
To me the first thing to say is the basic things about cryptocurrencies, like how they work, how to make a wallet or send/receive a transaction. I think even someone without much knowledge about internet or such technology can understand such simple things. If you make it confusing for them, then they will not understand for sure assuming they have never heard of it before.
That is the basic that can learn by person who are interested on digital currency. There is nothing hard when you want to get something because you have to find all way. I am also started with it with few knowledge but through searching and reason I learn things that have to learn even with your own. You do not have to be spoonfeed by someone and tell you every detail of it. Even you can make your own strategy on how to grow your money.
Anyway, before we encouraging other people it is much better that we in ourself has a full pack of knowledge about therefore we can easily for us to explain clearly and nicely way to other people about it. It is advisable that you do a better study and full understanding so you can have a full determination and power to prove them that the system you'd told them is legit and worth it.
I think you are right as the drop down of market few months back and now as market it's difficult to chose to say what to do so you can say that cryptocurrency so difficult to understand.
I think we all should accept that yes, cryptocurrency is difficult to understand; in fact quite more than what we expect it. It’s not like a crossword puzzle or a math query than you can explain to someone in a single meeting and expect them to understand it fully. Cryptocurrency is totally a different concept so it will need some days, if not weeks or months, to know it fully that how it works, who is responsible for its working, etc.
I think you are right as the drop down of market few months back and now as market it's difficult to chose to say what to do so you can say that cryptocurrency so difficult 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.
Actually not difficult. What you must understand is to use and protect your crypto coins safely.
You don't need to see behind the process of validation, confirmation, etc.
Maybe a simple explanation about cryptocurrency will make young peoples understand better.
to make understand about bitcoin you should tell them slowly, make them know by themselves, first you need to makes they involved with all bitcoin activity so i think they will get the lesson by themselves
Obviously if you are going to talk in dept about the technology (blockchain and cryptography stuffs), they won't understand anything unless they have some prior knowledge about the basics. They don't actually need to know that too. All you need to do is teach them how to send/receive bitcoins, to make sure the transaction took place and how to secure their funds. That is it. Now, if they don't understand how to do these, then they are probably living under a cave.
I think its a normal thing if people find the difficulties when learning and understanding cryptocurrency. It is depend to the person who can educate or need to learn about this field. Just be ready to spend your precious time to learn more about the crypto world, and you'll succeed. I do not know why some people are so scared to take on some changes.
This video is good to start with and explains basic concept
https://www.bbc.com/news/av/technology-43026143/bitcoin-explained-how-do-crypto-currencies-work
https://www.bbc.com/news/av/technology-43026143/bitcoin-explained-how-do-crypto-currencies-work
At the beginning people trying to understand what is bitcoin. But at first you need to explain that the important point of Bitcoin is the blockchain, or the digital public ledger. And by making accounts anonymous and public, Bitcoin replaces the role traditionally played by commercial banks in recording transactions.
The dimension of cryptocurrency and blockchain technology are indeed indepth. Hence require adequate and accurate teaching to help people to fully understand and appreciate every aspect of it. We should know that not all individuals have a thing for technology and digital devices, hence if you find someone facing difficulties with comprehending what you teaching you might want to adopt different method of teaching.
Cryptocurrency is really not hard to understand, but because of the people involve, its becoming hard to understand. Because of the explanations of others, people who listen to it are being confused, to the point that they don't care anymore. They become narrow minded and starts to conclude easily. That is why some people thinks that cryptocurrency is just a scam, not a form business nor an investment.
The cryptocurrency is not so complicated to understand. Just read more information on that in the internet and from respected data sources to understand how it works. Ask questions on this forum. Everybody are very helpful here.
Some people can't even understand how to copy and paste, and yet you want them to understand how to send a payment to another user that is secured by a cryptographic mining operation to prevent a double spend attack? You have to realize that most humans are hopelessly lazy and dull, and simply don't want to take the time to learn something new and difficult. They would rather stick with the old ways of doing things rather than tax their idiot brains unfortunately.
Crypto is never difficult to understand but rather entails a lot to research on. The concepts are simple yet plenty, hence requires dedication and hard work to learn about the new projects that enter the Blockchain each day, that's if you want to become a successful investor in crypto.
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 studied cryptography long time. This technology is very difficult and no 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.
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