Scammers are some of the smartest people around.
Some scammers are smarter than some people around them. Fixed.
Topic: What is the minimum IQ needed to understand Bitcoin on a basic level? - page 3. (Read 4407 times)
December 03, 2013, 08:45:47 AM
Some scammers are smarter than some people around them. Fixed.
December 03, 2013, 08:43:13 AM
Scammers are some of the smartest people around.
That's actually true, a lot (not all) of con artists and scammers are Genius level, especially complex scams not the "you won the lottery" crap.
Hasn't anyone here watched Catch me if you Can ?
December 03, 2013, 08:09:18 AM
Scammers are some of the smartest people around.
December 03, 2013, 07:41:39 AM
Scammers are some of the smartest people around.
December 03, 2013, 07:28:42 AM
if scammers can understand it anyone can 
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December 03, 2013, 05:51:13 AM
I once heard a schoolkid on bus ask his mates "What does IQ mean?" One replied: "I think it means 'Intelligence Quiz'" I lol'd pretty hard.
December 03, 2013, 05:46:47 AM
Anyone can understand bitcoin if it is properly explained. The core issue is that most people have a deficit when it comes to understanding how money itself works. Thus the leap to Bitcoin is problematic. Like computers, the internet, smart phones and many other innovations, it's just going to take patience and time to see the masses adopt and understand Bitcoin. The good news is that Bitcoin isn't going away and the network is worth over 12 billion dollars now.
December 03, 2013, 05:38:00 AM
That's a good question
I reckon that at this point you need slightly above average IQ to get comfortable (my guess would be that around a third of the world's population fit the bill)
As time passes, arguably the experience will need to get dumbed down to the point that even a complete imbecile can acquire, secure and spend coins
Big ask if you break it up that way!
I reckon that at this point you need slightly above average IQ to get comfortable (my guess would be that around a third of the world's population fit the bill)
As time passes, arguably the experience will need to get dumbed down to the point that even a complete imbecile can acquire, secure and spend coins
Big ask if you break it up that way!
December 03, 2013, 05:04:28 AM
not to know all the technical details inside out, because few people can do that.
just understand the basic concepts of different parts of the bitcoin system, and how they relate to each other.
what is the minimum iq needed, and what % of world population is below that requirement?
just understand the basic concepts of different parts of the bitcoin system, and how they relate to each other.
what is the minimum iq needed, and what % of world population is below that requirement?
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