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Topic: Is cryptocurrency so difficult to understand - page 46. (Read 7209 times)

member
Activity: 378
Merit: 11
Decentralized Digital Billboards
September 04, 2018, 01:32:53 AM
Its difficult for first look.
I am also think wft when faced with eth network first time (i think why need gas price limit gas etc )  when btc is simply easy.
But its not harder then everydays tasks
member
Activity: 490
Merit: 11
September 04, 2018, 01:30:18 AM
all depends on each person,
people who know technology, will easily understand what cryptocurrency is doing well
but people who do not understand the internet, maybe you will experience a little difficulty in introducing Bitcoin to that person
full member
Activity: 392
Merit: 100
September 04, 2018, 12:39:30 AM
Its not so difficult to understand as you think, it depends on your commitment and hard work towards learning it, when you are focused and put your mind on it, will be so easy to comprehend.
newbie
Activity: 70
Merit: 0
September 04, 2018, 12:29:07 AM
yes, it is very difficult to understand for me but now it is become interesting for me and i want to learn more and more about it.if you understand it correctly then it will become easy to gain more knowledge about crypto.
member
Activity: 882
Merit: 13
September 04, 2018, 12:22:34 AM
Anything is difficult at first but eventually they will understand it when they research and study about it. More people are being interested on what is crypto and what it can for offer to the people. Just be patient if they ask your opinion and tell them what you know.
newbie
Activity: 252
Merit: 0
September 04, 2018, 12:09:23 AM
From the start, its hard for me to understand what cryptocurrency all about. I am not familiar with this thing that is why there are lots of question stock in my mind. Since we are now in the digital world, I am able to cope up what cryptocurrencies all about.
newbie
Activity: 9
Merit: 0
September 03, 2018, 11:48:00 PM
Well in my experience, when I first started learning about this currency, I feel quite difficult to understand it. But later with time, when I get into , I came to know that this is very easy to understand . It is a digital currency , with this you can transfer money anywhere with nominal fee. It is safe and secure also. and most important to read daily news about this to get updated about cryptoworld.
member
Activity: 113
Merit: 10
September 03, 2018, 11:33:23 PM
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.
legendary
Activity: 2576
Merit: 1860
September 03, 2018, 11:27:47 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.

Usually, when I talk to people who do not have knowledge with cryptocurrency, I usually start by explaining to them that cryptocurrency is just like our fiat money. However, unlike money which has a hard version to actually spend, it does not have it since it is a digital money. I do not want them to get involved to the blockchain technology or decentralization immediately because they might find it very hard to start understanding crypto without any foundation knowledge.
newbie
Activity: 101
Merit: 0
September 03, 2018, 11:18:04 PM
At first crypto might be difficult, especially for people who don't have basic economics, I also felt it but when I was in this forum for a few months I started to get used to it.
newbie
Activity: 84
Merit: 0
September 03, 2018, 11:13:34 PM
When I first started learning about something. It will feel very difficult. But the habit and time will help us get to know everything. And the crypto is the same. Regularly reading the daily crypto news will help you understand the concepts of crypto more clearly.

yes ... all things if we have never known or heard, it must be difficult, but if we want to find out and learn from experience it will slowly understand what crypto is ..
sr. member
Activity: 1009
Merit: 328
September 03, 2018, 11:09:32 PM
Yeah but at the core everything is difficult to understand. Do you know how your body works? Or that console? Those machines, people also don't realize that in fiat money they trust is nothing but piece of paper and government can print them unlimited.

But, they know how to use fiat and other things. Tell them the advantage of cryptos, no need to explain 'how it works'.
I agree on that, I believ ethat crypto is really hard to understand, and I believe that there are so many people around that really didn't even think that crypto currency exist. However people really still believe on it because they found out that crypto is really a new hope and it is also an amazing way to earn a lot.
jr. member
Activity: 140
Merit: 1
September 03, 2018, 11:07:36 PM
We will always catch the glimpse of whatever we do if we cultivate the habbit to personal learning. The more we try to engage in persoanl studies the more we expand the scope  of our understanding concerning issue and things. And thee crytpo world is of no exception, it might look quite streeful for the first time but do not give up and persue it will be understandable with time.
hero member
Activity: 2520
Merit: 952
September 03, 2018, 10:56:12 PM
Yeah but at the core everything is difficult to understand. Do you know how your body works? Or that console? Those machines, people also don't realize that in fiat money they trust is nothing but piece of paper and government can print them unlimited.

But, they know how to use fiat and other things. Tell them the advantage of cryptos, no need to explain 'how it works'.
jr. member
Activity: 126
Merit: 1
September 03, 2018, 10:11:41 PM
At first it can be difficult to understand. Most terminologies involved, I had to go research. Forums such as bitcointalk has been helpful too. I believe it's crucial for people to do their homework about it, because some articles can be biased. That's why I think it's great that cryptocurrencies are now a subject being taught in some universities. I just hope everyone starts understanding that bitcoin was designed to be a digital currency, not an asset.
jr. member
Activity: 331
Merit: 1
September 03, 2018, 08:59:43 PM
Cryptoccurrency is actually difficult to understand.  Let me take myself as an example, It took me sometime before I invested in cryptoccurrency. I thought it is impossible to convert what is called cryptoccurrency to Fiat money that one will have in account. So for one to understand crypto currencies easily, you don't have to be in a haste to invest, but read intensively on crypto updates and understand before venturing into it.
newbie
Activity: 17
Merit: 4
September 03, 2018, 08:57:53 PM
I think cryptocurrency is very easy to understand. You only need to understand the movement of cryptocurrency prices and understand the right position to buy and sell coins.
newbie
Activity: 154
Merit: 0
September 03, 2018, 08:52:40 PM
Cryptocurrency is hard to understand for many people since they don't generally understand how cash functions in any case. People are so used to utilizing fiat cash that they simply know it functions as an approach to get stuff from people.

They don't generally understand how it functions, as far as why it has esteem, its amount there is, the means by which it is made, if the bank really has the cash they say they do, and so on.

People get befuddled, and put off by Cryptocurrency in light of the fact that to truly "understand" it you would should be knowledgeable in cryptography, tech, and financial matters, and perhaps more.

It is hard to understand it totally, however you don't need to understand something to utilize it and to pick up an incentive out of something. At the present time the shopper confronting innovation for Cryptocurrency is more crude than alternate technologies people utilize, so this influences people to think it is harder to understand. People don't generally understand how email functions, how the web functions, how the US Dollar works, however we can utilize them effectively without understanding them.
hero member
Activity: 1470
Merit: 555
dont be greedy
September 03, 2018, 08:39:17 PM
if you want to introduce them easily, then try to make cryptocurrency simpler
users don't have to know about the technology behind cryptocurrency, but make sure they can transact correctly using cryptocurrency
hero member
Activity: 1190
Merit: 500
September 03, 2018, 08:27:44 PM
for people who don't understand technology or primitive, then we will have difficulty making it understand the concept of the blockchain, and it takes a lot of time.

I think that giving a simple theory and making a blockchain analogy is a great way to make them understand blockchain, slowly but surely.
Although we have a simple theory but those who do not understand and refuse to learn will also be useless. New era, so the problem approach has many sources, they want to understand will not be too difficult.
Yeah it's easy to know basically about cryptocurrency, it's just that people who are reluctant to learn who say that cryptocurrency
is hard to understand, even if you want to at least read a few minutes about crypto, I'm sure you've understood the basics..
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