Bitcoin is a new form of economy in connection with the modern technology. Bitcoin has the specific characteristics and qualities but the beneficiaries should aware the in and out of it.For availing the benefits of the bitcoin the operator must have the minimum required computer.literacy .Among the global community a very few percentage of people are only able to handle the computer operation.so as to deal with bitcoin.So the governments should focus to educate their people otherwise it will be difficult to understand about bitcoin.
I think, so widespread this technology, even to this day I do not really understand how the working system of cryptocurrency. well, but I know that this is a great technology to browse, so I will continue to learn in this regard. I think there are still so many people like me. 
Topic: Why is Bitcoin difficult to understand? - page 17. (Read 2150 times)
Bitcoin is a new form of economy in connection with the modern technology. Bitcoin has the specific characteristics and qualities but the beneficiaries should aware the in and out of it.For availing the benefits of the bitcoin the operator must have the minimum required computer.literacy .Among the global community a very few percentage of people are only able to handle the computer operation.so as to deal with bitcoin.So the governments should focus to educate their people otherwise it will be difficult to understand about bitcoin.
I have very little interest in stocks and other financial investments. But I find crypto interesting and was able to understand it easily.
Actually bitcoin is not difficult to understand, because if you want to learned something and you want to earned also then there is no hardships for you to do, you will look for everything just to learned.
I don't think it is difficult to understand. For many users, the concept of "crypto-currency" is equivalent to the word "bitcoin". Partly they are right. However, we need to clarify that Bitcoin is one of many crypto-currencies. A great number of crypto-currencies originated from basic ones
You compare it to TCP/IP which is not right. It is more of fiance combined with tech and one can easily learn about it with just some efforts.
In fact, everything is simple enough to explain.
Bitcoin: there is something that can not be faked and its limited number. In addition, it is convenient for transfer from one person to another. And people see value in this.
Bitcoin: there is something that can not be faked and its limited number. In addition, it is convenient for transfer from one person to another. And people see value in this.
Yes indeed bitcoin is quite difficult and challenging to understand because it has no control and very un predictable. With this ability of bitcoin it really need a hard work and more time to understand. I admit that I am one of those people who had a hard time before obtaining the thoughts and understand the concept and process flow of bitcoin. But I can say that this is worth it because after I understand bitcoin and start investing here I get a lot of benefits like having a good income or money with this.
The concept is new , so you need an open mind to understand this. You can watch YouTube videos for easier understanding.
Yes for me at first bitcoin is difficult to understand but as times goes by I tried to search with my own through google, you tube and other websites, gradually I understand how it works and what supposed to do.
Actually bitcoin is not difficult if we continue to learn information from google and youtube. bitcoin is difficult to understand if we just ask and do not practice.i think bitcoin is very simple provided be patient and always positive thinking
Actually if you will just gonna spend time and take it seriously then you will just easily understand bitcoin. It's not that complicated and can easily get so take some time to learn it and educate yourself personally. Joining some forum might help you it's just a matter of dedication and self motivation. Don't tell yourself that you can't understand bitcoin just study the concept and time will come that you can finally learn it. Personal studying is the key to learn it. It's easy to learn bitcoin I really like you and want to earn a lot you really need to learn how to earn bitcoin.
Bitcoin is not difficult to understand in terms of using Bitcoin's algorithms. You need to be a real developer to understand, so for simplicity, you just have to protect your private.
Good thinking and I like your opinion.Such suggestions that I really salute for in the future so that we can do bitcoin work well if we have the same understanding about bitcoin, therefore at this time I want to be a loyal developer so that one day I can reap the results of what i do that.
it's not at all difficult to understand and accept it !!!! it is difficult only for those who do not have enough knowledge about it, although now it is possible to fully study it at home at the computer, taking all the information from the Internet to understand the whole meaning of bitcoin! it's not so difficult!
It is not difficult to understand if you give it some time. It also has to do a little bit with interest in my opinion.
My friend, you find it hard because you are thinking about and explaining too much. One thing that I learn from the tv advertisement is that you need to convey all the necessary information that a person can comprehend within 30 to 60 seconds. If you could compress all the important aspect of a given time, and they could understand it even half of it, then I could say that you have done it right. You don't need to explain how complicated the algorithm, the ledger, mining and such in one explanation. You could just tell the benefit and the process of it. If they ask, then it is the time for you to explain further.
You are somehow right to a reasonable extent, especially for an ordinary layman that is just hearing about Bitcoin. The reason is not far fetched to me. We can all infer from the fact that Bitcoin is Abstract in nature: that can not be physically seen or felt by touching unlike Fiat Currencies or even other on line currencies that are replaced with one form of ID or the other. So, people are wandering how can an unseen element be used as money.
Another reason is the peer to peer nature, i.e Decentralization and shall yield successful transaction, not to now talk of its deregulation or volatility. Above all, so many are lazy, going to websites for simple verification falsify that fact of been difficult to understand.on
Another reason is the peer to peer nature, i.e Decentralization and shall yield successful transaction, not to now talk of its deregulation or volatility. Above all, so many are lazy, going to websites for simple verification falsify that fact of been difficult to understand.on
bitcoin difficult to understand because the bitcoin coin is first digital currency and most probably human not understand .and if you really want to know so go on youtube ....there have more videos of bitcoin.
yes, very difficult to understand. even if we repeatedly see the video on youtube, maybe understand but not really understand it. and for me the most important is when we benefit from it and understand how to get it.
yes ... do not be considered complicated because it will be troublesome yourself .... make an easy investment bitcoin .. then you will find bitcoin like what you want ....
When you first search about bitcoin it is very hard to understand because there are a lot of terminologies that some of them are new to your ears, but actually it is really simple to understand the basics of bitcoin. As you go deeper on your research, you'll soon realize that you learned so much about it. Just take your time reading articles about bitcoin and it will be easier to understand bitcoin
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