Topic: Why is Bitcoin difficult to understand? - page 11. (Read 2139 times)
For me yes specially when you dont have knowledge about it unless they really want to know. And also it affects the different negative news about bitcoin. Sometimes those news that they heard are the one where they believe first.
Its not that difficult. bitcoin is plain and simple.
Bitcoin is the name of the token created under his block - chain
Block - chain is the name of the technology used to store transaction data of all bitcoin tokens.
In short, block-chain is an online ledger of transactions accessible for all people. It is irreversible.
Yeah, bitcoin is not just as difficult than we thought ago, bitcoin is not a broad topic but bitcoin is very simple and we can learn what is bitcoin easily, but the thing is how it works and how you can earn it is a much harder task to do. Bitcoin is the name of the token created under his block - chain
Block - chain is the name of the technology used to store transaction data of all bitcoin tokens.
In short, block-chain is an online ledger of transactions accessible for all people. It is irreversible.
There is not difficulties in understanding bitcoin, people only fear the transactions that involves there fiat currencies in purchase of bitcoin or other cryptocurrency, that scary act make a lot of persons keep of from knowing the details.
It's difficlut to understand for people who make great effort to accept something new and of course people are not ready to learn it,as digital currency is treated like something difficult to understand,especially for elder generations.
BTC is pretty new and people and not very familiar with the way if functions and it is not like regular currency and it is digital which makes it difficult to understand
Well, bitcoin is difficult to understand, because its an digital currency and its a kind of investment, so its better to do some research especially about uses of bitcoin. Asides from that you have really understand if you using Youtube. Because there are some tutorials will guide you and teaching you. Because btc needs more knowledge and effort so that you can really understand well.
In fact, not any citizens know much about how financial system works but they've still been a part of that. Their national currency has been widely used no matter how little their knowledge about it is. It was not until I learned the lesson about currency at my university that I understood how money is made through bank system, but fiat money is what I hold eveyday. So I come to conclude that it's the government regulation and control that get paper money effectively circulated. For that reason, I firmly believe that Bitcoin will grow nowhere near hard to understand once the state undertakes digital currency system.
I think, bitcoin is difficult to understand for other people because they are not trying to understand it. Bitcoin is knowledge, they just go directly straight to their desire to earn money even without learning the basics of the crypto world. You should study bitcoin before make money from bitcoin.
Bitcoin is a new form of economy in connection with the modern technology.But I find crypto interesting and was able to understand it easily.
For me, we don't really have to know the deep technical aspects of bitcoin. Normal people just need to know how to use it and how it works. Just a reminder, smartphones, computer, laptops and internet are also very complicated technology but we just need to only know on how to use it.
bitcoin is very difficult to understand and understand perhaps because bitcoin is a technology that created a very new and can only be used in digital media such as computers and others. so people who do not understand computers will find it very difficult to understand bitcoin.
Actually bitcoin is not difficult to understand, So the governments should focus to educate their people otherwise it will be difficult to understand about bitcoin.
less searching for information about bitcoin, something would be hard if from us naturally to seek reference.
look for reference on google, youtube or other sites. ;)spirit
look for reference on google, youtube or other sites. ;)spirit
Part of the reason is because it is the first successful application of the blockchain to solve the problem of society.An attempt to simplify cryptography and apply it something directly useful to society.Everyone is used to centralization, the idea of a decentralized system is foreign to most persons.
Because bitcoin is the most expensive crypto currency. People are afraid of its cost and its behavior in the market. When it starts unstable movement investors are afraid to lose their investment.
because many people do not understand why bitcoins are needed. They keep it until the moment when its price will be big. this is not acceptable for many people and therefore bitcoin is not understood by all people
Because they do not want to learn to understand bitcoin, if they have a desire to understand now there are many articles and videos on how to understand bitcoin.
Yes it is difficult to find and less vedios and mannual it is starting digital currency so people dont know if people knows about bitcoin they must read iwhitpaper.
It not difficult for the understanding. It easy to learn more information. You have interest in the bitcoin easy to understand. So first learn the bitcoin history. Then learn to start the bitcoin process. It good future currency. So you must learn the information. It help to learn more information. It connect the other country people. So easy to chat with other people and get more information.
Bitcoin is future digital currency. So don't miss it. Let try to understand the bitcoin.
Why are people take it so mich difficult. Bitcoin is just a online currency. You can also say that it a digital currency. It has no Authority. So it has no control. Anyone can use it for good or bad purpose. People can invest in bitcoin by buying bitcoin. People can also invest in project which are related to bitcoin. You can also try Google.
Yes it is difficult to find and less vedios and mannual it is starting digital currency so people dont know if people knows about bitcoin they must read whitpaper.
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