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Topic: Is cryptocurrency so difficult to understand - page 45. (Read 7213 times)

sr. member
Activity: 625
Merit: 258
September 04, 2018, 09:05:33 AM
I don't think so, in my opinion the easiest way to understand what cryptocurrency especially bitcoin is by asking or seeing directly, maybe you have a friend who is already in the world, you can ask him from any smallest detail and see how he works, so that you will understand more easily
member
Activity: 192
Merit: 10
September 04, 2018, 09:53:46 PM
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 tried explaining crytpo to both my 68 year old father and my 93 year old grandfather.  The 93 year old understood it perfectly while my father still wont send a transaction.   He is frightened by the entire situation.  I swear they did something to the baby boomers. 
jr. member
Activity: 126
Merit: 1
September 04, 2018, 08:51:24 PM
At first, I was really intimidated by it. For someone who has never heard about crypto before, terms like blockchain and ledgers will sound foreign. It will take some effort learning and understanding it but fortunately, there are lots of helpful sources online. This forum is quite helpful. So if I’m able to learn about cryptos, so can others. And I think everyone will eventually learn it because it’s already ingrained in our financial paradigm and culture. Aren’t universities already offering courses in crypto?
full member
Activity: 406
Merit: 100
September 04, 2018, 04:27:24 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.

Somewhat it is difficult but if we will study and understand it well we will get used to it. Crypto currency is such a very risky investment that only risk taker can tolerate the risk. Better to study the flow of the market well before investing to avoid such losses.
jr. member
Activity: 168
Merit: 1
September 04, 2018, 04:26:22 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.

maybe to introduce crypto to laypeople requires patience as we introduce new things to children who don't know about it at all, so if you do it impatiently they will be troubled to understand what you are saying about crypto. the key is patience and perseverance
newbie
Activity: 25
Merit: 0
September 04, 2018, 04:24:28 AM
It is very difficult for individuals to learn about blockchain technology, especially when they do not have technical related background.
If you happen to teach individuals about blockchian, i believe the most efficient way is to let him question you. Let questions lead the way.
full member
Activity: 518
Merit: 184
September 04, 2018, 04:22:23 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 difficult to understand at first specially if someone do not have background of crypto currencies and never tried to invest in the stock market. Investing in bitcoin is same with investing in the stock market but it is more risky but profitable.
jr. member
Activity: 196
Merit: 1
September 04, 2018, 04:14:40 AM
cryptocurrency is not hard to understand because if you are ready to learn in no time you will be use to it and you will have priorities understanding of it to some certain level of its understanding therefortherefore is not hard to understand
full member
Activity: 364
Merit: 100
September 04, 2018, 04:14:09 AM
Not really! All we need to learn is the basics and we're good to go! There is really no need to get into the more complicated stuff if they're not required. I do not know why some people are so scared to take on some changes. These are people who are scared of taking risks which is why they can't move forward.
newbie
Activity: 182
Merit: 0
September 04, 2018, 04:03:52 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.

We can't blame others because they've not easily to understand this system maybe because they are not interested to it so they never give  them effort to understand it or maybe the are afraid in trying to involve with it because they've heard a lot of bad or negative news from medias regarding to it so they are really hesitating to go with it. Just remembering that in people that has a willingness, full of determination and interested in one thing are for sure never felt hard to understand all the things that connected to it. Cryptocurrency is not hard to understand maybe it only depends on us if how we embrace it to our life.

Once you are not interested in cryptocurrency I believed that it is very difficult to understand. But if you know already how does cryptocurrency works it, theirs no harm on people especially when you are interested and no more difficulties about crypto world.
member
Activity: 230
Merit: 22
Staker.network - POS Smart Contract ETH Token
September 04, 2018, 03:50:27 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.

Learning requires interest.
If the person who wanted to be engaged with cryptocurrwncy is really into it then he/she will be able to understand it faster as compared to those who are here simply because they hear that it may be a good source of income..
member
Activity: 840
Merit: 10
September 04, 2018, 03:42:40 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.

Not many peoples understand about investment instrument or cryptocurrency. Cryptocurrency is new currency and thats why not many people familiar with cryptocurrency or have knowledge about it. But i am believe in near future, people will understand about bitcoin or cryptocurrency because its profitable investment
newbie
Activity: 84
Merit: 0
September 04, 2018, 02:48:58 AM
As crypto evolves, it will be simplified and reduced to the easiest ways of use. But the truth is that most people will have no other choice than to accept crypto and learn it. The earlier, the better.
member
Activity: 560
Merit: 10
September 04, 2018, 02:45:37 AM
Cryptocurrency will become to understand by those who are not computer literates. Such people find it so difficult to comprehend the blockchain technology.
jr. member
Activity: 462
Merit: 1
September 04, 2018, 02:12:33 AM
You can understand cryptocurrencies if there is a desire and an opportunity for this. Many people are simply afraid of them and do not want to contact them, because they are afraid of losing money.
full member
Activity: 392
Merit: 100
September 04, 2018, 02:04:54 AM
Crypto is indeed quite difficult at the beginning, but if we focus and really do it in learning it all will become easier, indeed quite a lot that must be studied must take time, but if we seriously study it it is not too difficult.
newbie
Activity: 83
Merit: 0
September 04, 2018, 01:48:54 AM
as a newcomer, this is the beginning for me to understand and learn about cryptocurency in this forum. of course I have a little trouble for me, that's why I tried to discuss with you all the seniors in this forum. thank's.
  Greetings from me

son14.girl
legendary
Activity: 2184
Merit: 1302
September 04, 2018, 12:45:05 AM
Anything one ain't used to gets difficult at the beginning,so when one joins the cryptocurrency world,everything will look obscure at the very beginning but as time goes on,it gets clearer.By joining crypto forums and surfing the internet you learn all that you need to know
legendary
Activity: 2282
Merit: 1041
September 04, 2018, 01:43:19 AM

Youtube videos can simply make you learn to understand it well if you are not into reading pages from the web. Cryptocurrency is easy to understand as long as  you are guided as to where you should start. The best way to understand it well is probably learning about blockchain and then bitcoin. The next would be the altcoin projects.
member
Activity: 226
Merit: 26
September 04, 2018, 01:36:30 AM
I don't know why many people said that cryptocurrency is difficult to understand . For me it is not difficult to understand if they research or even try explore it . Cryptocurrency is not difficult to understand if they know the aspects and privileges of it.
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