Topic: the biggest problem cryptocurrency (Read 1259 times)

the biggest problem i would say is the people like here, most haven't a clue or any knowledge into crypto, and those that do have a limited thought pattern range and are single tracked minded even knowing that it is the worst thing to have!

I think as a newbie you did not understand what is bitcoin. You can buy a physical bitcoin also. Please have a sneak on Google about it. Then you can use bitcoin is league sports betting and many online gambling. If you want know more about it as detailed go ahead check in Gambling section. I hope as a need you might not completely know about bitcoin. Please have a look in btc tutorials.

Most of the people only see numbers on their bank accounts/paypal accounts/credit cards, maybe it's not that, maybe it's the whole package.

o tell you the truth Bitcoin as a currency is missing something. A person would want to have a money with he can feel, he can see its physical appearance. Bitcoin is only popular to those who love gamble on online casinos.   

It is new, and people don't know much about it yet.


No.


It is new, and they don't know much about it yet.


Yes.

For you problem solution is you have to give the teaching according to the person you are going to tell about bitcoins. if anyone who is non technical then you can tell about simple way of bitcoin uses and how it can be benefited and if anyone is technically good then you can give him some technical details and balance tell him to find more solutions and give some basic knowledge of bitcoin and how to earn. Like this if you work you can make other also understand about bitcoins

That is a pathetic situation. One has to understand how it works even just theoretically such as decentralized and only codes run the system for which is blockchain is immutable. This kind of explanation however doesn't make regular users understand anything for its not a layman's term. But then giving them a way to earn money through it will make them interested at some point.

Its not going to be easy teaching all these coz it normally takes time.

This is the thing on my mind to on which when bitcoin already gained its full adoption and to be expected the transactions would really be at its fullest and confirmation would really be a big problem and as you said these problem should be resolved first since we are just on the starting phase of bitcoin.

For now I think it's good to don't have many people using crypto-currencies. If with low amount of users the transactions blockchain is overloaded, imagine how would this be with 7 billion of people trying to send their bitcoins? To make the mass adopt bitcoin some issues like that must be solved first. I believe bitcoin is in the experimental phase yet, it's a young currency.

You don't have to be IT specialist, programmer or technician to be able to use Bitcoin or other cryptocurrencies.
Bitcoin wallets are easy to use for anyone who can operate a PC or Android device and you don't need technical specifications for it.
Anyone can send/receive BTC without being familiar with terms: blockchain, MemPool, nonce, mining, node, full validation...
It is not like cryptocurrency could reach every  person on our planet you need to count only people who have access to the internet.

Nobody has to understand the decentralized approach of creating a secure digital currency to start using it.

Most of the people do not even understand the actual digital fiat currency and nevertheless they use it.

Why almost 7 billion people so few uses cryptocurrency?
The creator of Bitcoin were wondering over this?
Why does the average person even not interested?
Answer is obvious.
It's too complicated and too shrouded in mystery.
While the fiduciary currency is obvious and overt.
The average person does not know what are all these algorithms, blocks, bits and all the whole mathematical software.
He wants to pay for its work.
Construction engineer or mechanic or constructor missiles, he wants to get paid for their work.
fiduciary currency
He knows that it is produced by the factory for the production of money,
This factory produces money on behalf of the government.
He knows that this paper, ink, copper, steel, etc. converted into the currency.
And in the case crypto currency, does not know anything, He knows about a mathematical cybernetic babble, so he knows.
So how you have to agree to something like that
if he does not know what it is, Hi do not know how it is created, does not know anything.
All those articles, which they are supposed to explain say nothing.
This must be a simple and practical way to describe everything, and at the forum must be people who will help to understand.
The last bit came programmers in the world so and interest increased.
But do not boat yourselves
And so you have to sow harvest, collect machine produce, repair and scrapped , clean,  build, and do a million other things.
Not all developers will be, even in a million years.
I'am very interested and for a long time I try to understand, and still can not, most of the time after that It has long resign.
Can someone explain exactly an easy simple way.
Do you still will be as it is?
Consider this.