Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: GeorgeJohn on September 12, 2020, 02:07:45 AM



Title: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 12, 2020, 02:07:45 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: TIDOVEE on September 12, 2020, 02:36:36 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

Although your write up is not too clear but it's like you point is, how do we.make bitcoin/cryptocurrency easier for those who are not understanding it. Well, I believe if you search for books on cryptocurrency you will see, our interactions here makes it easy to learn more about bitcoin, anyone who can read it in the book will also read here to and even with better advantage of discussion/interactions. Did you learn your from books? As spending money requires senses, so also dealing with cryptocurrency requires some common attention.


Title: Re: Is bitcoin difficult to understand
Post by: bitsurfer2014 on September 12, 2020, 02:47:25 AM
I suppose most people don't really need to know in-depth technical aspects of Bitcoin as I assume knowing its basics might suffice for anyone who wants to try it.

There is a ton of Youtube videos and reference materials that can be found on the net including information from this forum. If anyone is really interested to learn about it then I also think they might find it interesting as long as they have enthusiasm.


Title: Re: Is bitcoin difficult to understand
Post by: mk4 on September 12, 2020, 02:53:36 AM
There are already decent books like Andreas Antonopoulos' The Internet of Money. Though I still think YouTube and internet research is the way to go as it's safe to assume that the majority prefer using the internet over reading physical books.

Also, the difficulty of understanding Bitcoin and cryptocurrencies completely depends on what aspect(technical, economical, etc) a certain person is actually trying to understand.

Lastly, let's not forget that the concept of having a decentralized non-custodial currency is really really new, hence don't expect people to grasp the concept easily. In the first place, it's safe to assume that most people don't even understand how money in general works, what more a quite-new invention like Bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: Astvile on September 12, 2020, 02:58:22 AM
Interest is a factor on why people are finding something hard to understand this applies to all aspects. Bitcoin isn't that difficult to understand if we will just put time into studying it and getting in depth with its parts and what makes bitcoin. Yeah there are some complex part about bitcoin but you can make ways if you are really interested in learning bitcoin, you can find someone or join seminars don't just focus on textbooks/articles.


Title: Re: Is bitcoin difficult to understand
Post by: int03h on September 12, 2020, 03:06:18 AM
Bitcoin is easy to understand for those who understand the nature of money and those who want to learn it. A book is redundant, just one video, it needs to be explained simply, intuitively, and easy to understand.
A cash-only person doesn't care what bitcoin does because he just likes cash and doesn't want to participate in things he doesn't understand.


Title: Re: Is bitcoin difficult to understand
Post by: Darker45 on September 12, 2020, 03:25:08 AM
It differs on the degree of interest. If one is interested in cryptocurrency very deeply then a text book is comprehensive and detailed enough for it. But if one is interested in the basics, then I guess resources such as https://bitcoin.org/ may be enough, with the help of articles, podcasts, videos, and so on.

Countless of times have I tried to understand Bitcoin a little deeper but then after numerous encounters of words and phrases which are too alien for me, I ended up settling with the very basic.


Title: Re: Is bitcoin difficult to understand
Post by: Jawhead999 on September 12, 2020, 03:25:47 AM
I would recommend to read Bitcoin whitepaper rather than blog/press or youtube videos because most of them doesn't really complete to explain what bitcoin it is. Now bitcoin.org already listed 31 new language [1] , it will help for those people who didn't really understand on English language.


[1] https://bitcoin.org/en/bitcoin-paper


Title: Re: Is bitcoin difficult to understand
Post by: mk4 on September 12, 2020, 03:34:48 AM
I would recommend to read Bitcoin whitepaper rather than blog/press or youtube videos because most of them doesn't really complete to explain what bitcoin it is. Now bitcoin.org already listed 31 new language [1] , it will help for those people who didn't really understand on English language.


[1] https://bitcoin.org/en/bitcoin-paper

I actually disagree with this. I wouldn't be surprised if a typical non-techie person would be turned off if he/she asks about Bitcoin and we just present the whitepaper. There are other far easier to understand articles out there that are better fit for the masses, like this one(in my opinion): https://www.coindesk.com/learn


Title: Re: Is bitcoin difficult to understand
Post by: maydna on September 12, 2020, 03:36:52 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

People need to understand bitcoin how they can use bitcoin properly, such as what the bitcoin wallet address, how they can send the satoshi to another wallet, and their wallet address can give or share to others, how to know when the transaction completed. You don't have to know about the fee because it will be automated adjust to current situations. Still, you can learn it later when you already familiar with the previous lesson.

You don't have to learn a complicated lesson about bitcoin, such as how the blockchain works, how the transaction can be submitted to the network, and else because that will need more information. Besides that, you can learn it by yourself by reading many sources on the internet and watching many video tutorials or guidelines on Youtube.

Besides that, you can read the bitcoin whitepaper on the https://bitcoin.org/en/, and you can find everything you want to know about bitcoin on that site.


Title: Re: Is bitcoin difficult to understand
Post by: hatshepsut93 on September 12, 2020, 03:56:39 AM
There's more than enough educational materials, but Bitcoin is indeed hard to understand for people without good background in software - understanding Bitcoin requires a knowledge of the basics of modern cryptography, without it you won't understand how mining works, how blocks and transactions are verified, how transactions are signed and so on. Most people probably don't need to fully understand how Bitcoin works, just like most users don't understand how cars or computers work - they just need to know how to use it properly.


Title: Re: Is bitcoin difficult to understand
Post by: kayvie on September 12, 2020, 05:00:06 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
Textbook? They can always use their internet to look for all the information they need to know about bitcoin. I don't believe that those people are really interested about bitcoin, they are just making it look like they are interested, but the truth is, they don't. Also, people like to be spoonfed, they will only be interested if you do everything for them, that's why if there is a person who will tell me that they don't understand bitcoin, they can use the internet to fully understand it. That is when you will know if they are really interested, if they will do their own research or not.


Title: Re: Is bitcoin difficult to understand
Post by: sunsilk on September 12, 2020, 06:08:37 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
They find it difficult to understand because of the bad reputation that the mainstream media shows about bitcoin. When there are scams and hacks, they think that it's all bitcoin's fault which they think that it has its own understanding and thought to move alone.

The mainstream media never made it clear that bitcoin is the same as any other online payment method which can be used for both good and bad purposes.


Title: Re: Is bitcoin difficult to understand
Post by: ReiMomo on September 12, 2020, 06:16:52 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
They find it difficult to understand because of the bad reputation that the mainstream media shows about bitcoin. When there are scams and hacks, they think that it's all bitcoin's fault which they think that it has its own understanding and thought to move alone.

The mainstream media never made it clear that bitcoin is the same as any other online payment method which can be used for both good and bad purposes.
Extremely right, due to the massive scam incidents that make bitcoin and the other crypto reputation becomes bad to the eye of the people but the fact the users on it who are lack of knowledge that makes them being scammed.

Physical books isn't necessary, once people engage on the internet they will possibly learn about the bitcoin and the technology. You can simply browse to find those information regarding bitcoin.We should teach them the usage of bitcoin not just the way the will earn through crypto.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 12, 2020, 06:18:30 AM
I suppose most people don't really need to know in-depth technical aspects of Bitcoin as I assume knowing its basics might suffice for anyone who wants to try it.

There is a ton of Youtube videos and reference materials that can be found on the net including information from this forum. If anyone is really interested to learn about it then I also think they might find it interesting as long as they have enthusiasm.

It obvious that not everyone like to read online and comprehend and some bookish people like note book
More than internet evidence.
That's the problem some have.


Title: Re: Is bitcoin difficult to understand
Post by: cryptomaniac_xxx on September 12, 2020, 06:32:16 AM
I suppose most people don't really need to know in-depth technical aspects of Bitcoin as I assume knowing its basics might suffice for anyone who wants to try it.

There is a ton of Youtube videos and reference materials that can be found on the net including information from this forum. If anyone is really interested to learn about it then I also think they might find it interesting as long as they have enthusiasm.

It obvious that not everyone like to read online and comprehend and some bookish people like note book
More than internet evidence.
That's the problem some have.
But there are other options like audio book that they can listen, like Bitcoin's White paper.

https://www.youtube.com/watch?v=1yYrYCE4i1c
https://www.youtube.com/watch?v=eqhWdWhUnIA



Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 12, 2020, 06:39:14 AM
I suppose most people don't really need to know in-depth technical aspects of Bitcoin as I assume knowing its basics might suffice for anyone who wants to try it.

There is a ton of Youtube videos and reference materials that can be found on the net including information from this forum. If anyone is really interested to learn about it then I also think they might find it interesting as long as they have enthusiasm.

It obvious that not everyone like to read online and comprehend and some bookish people like note book
More than internet evidence.
That's the problem some have.
But there are other options like audio book that they can listen, like Bitcoin's White paper.

https://www.youtube.com/watch?v=1yYrYCE4i1c
https://www.youtube.com/watch?v=eqhWdWhUnIA



What am telling you is life story, it happened between I and my lecturer when I was in university, have shown different kind of YouTube video in order put this man through but he could believe me but was emphasising on text book and the author of the book.


Title: Re: Is bitcoin difficult to understand
Post by: Slow death on September 12, 2020, 07:52:18 AM
This reminds me of 20 years ago when in my country the government started putting people's wages in the bank, the most critical people said that people were very illiterate and would not be able to use ATM to receive their wages, today everyone knows how to use ATM and not it takes even many minutes to learn how to use ATM. That is why I believe that things only become difficult when we have no interest in them. People will not need to be learning very technical things about bitcoin, just that they learn basic things that everything will go well. See that nowadays even 10 year old children can use facebook, instagram and whatsapp without any difficulties, I do not believe that using bitcoin would be difficult for most people in the world


Title: Re: Is bitcoin difficult to understand
Post by: Shimmiry on September 12, 2020, 08:00:02 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

It will be difficult to understand if the person who is trying to learn has no any backgrounds related it. Commonly those who are already old are the one who has probably the highest chance of not understanding cryptocurrency technology.

But I highly believe they can understand bitcoin if they will give more time learning about it.


Title: Re: Is bitcoin difficult to understand
Post by: k@suy on September 12, 2020, 08:08:16 AM
This reminds me of 20 years ago when in my country the government started putting people's wages in the bank, the most critical people said that people were very illiterate and would not be able to use ATM to receive their wages, today everyone knows how to use ATM and not it takes even many minutes to learn how to use ATM. That is why I believe that things only become difficult when we have no interest in them. People will not need to be learning very technical things about bitcoin, just that they learn basic things that everything will go well. See that nowadays even 10 year old children can use facebook, instagram and whatsapp without any difficulties, I do not believe that using bitcoin would be difficult for most people in the world
If I were to ask it is really difficult to understand how does the bitcoin works, what is it and also what are the meaning of the terminologies we are using when we are inside the crypto world. That's why when I first enter the bitcoin talk campaign I find it difficult because there are terminologies I don't understand like the word binance but now I can completely understand what is it because I am staying here for years.


Title: Re: Is bitcoin difficult to understand
Post by: bunglor on September 12, 2020, 08:15:04 AM
I don't think government would waste money for a cryptocurrency book if the cryptocurrency itself is not accepted to their own country also if a person really is interested on cryptocurrency there's a lot of articles, websites and youtube videos that will disucss cryptocurrency.


Title: Re: Is bitcoin difficult to understand
Post by: seagates on September 12, 2020, 08:17:01 AM
Bitcoin is pretty simpler, sometimes even easier than some banks. People just dont want to learn something new


Title: Re: Is bitcoin difficult to understand
Post by: Twinkledoe on September 12, 2020, 08:39:52 AM
There's no need for textbook to learn crypto. Most of us here started just by reading online and when you come here in the forum, tons of knowledge is already available to you. You can even find all kinds of crypto tutorials here.

Just like the link below - someone can already have a good idea what bitcoin is about. And if you know how to use your google search, the info is limitless.

I agree with you. Many people just don't understand BTC and the whole concept of cryptocurrency and blockchain. I found the article below easy to understand. Even five-year-olds will understand it.

https://currency.com/bitcoin-explained-simply


Title: Re: Is bitcoin difficult to understand
Post by: Lucius on September 12, 2020, 09:08:41 AM
For most, Bitcoin is difficult to understand, not only from a technical perspective, but in any sense. The mere fact that there is something that is completely online that you cannot physically touch is enough for some to find it difficult to accept that it has any meaning and value. Personally, I am convinced that it is completely useless to try to explain to some people what Bitcoin is because they already have their opinion that it is something bad, which will fail in a year or two.



Bitcoin is pretty simpler, sometimes even easier than some banks. People just dont want to learn something new

I would not agree with that, because how difficult it is to open a bank account, get a card and a 4-digit PIN and use an ATM or POS device? Try to explain to someone how to buy a BTC, how to keep it safely, and how to pay for a goods or service with it - the vast majority will have problems at any step.


Title: Re: Is bitcoin difficult to understand
Post by: bitzizzix on September 12, 2020, 10:41:57 AM
Personally, what I do to understand bitcoin is that I have to be involved in it, so that I can understand bitcoin well.
better to do it in person and be accompanied by studying it carefully so that I can get to know firsthand how bitcoin works, to learn it I can find it in articles, youtube and books related to bitcoin and ask the experts and do it while studying it is very effective for me.


Title: Re: Is bitcoin difficult to understand
Post by: BlackHatCoiner on September 12, 2020, 10:46:50 AM
There are already decent books like Andreas Antonopoulos' The Internet of Money. Though I still think YouTube and internet research is the way to go as it's safe to assume that the majority prefer using the internet over reading physical books.

If you search on YouTube "What is bitcoin", you will get some results. If you see their rating you can understand that no one understands them.

Classic example: https://www.youtube.com/watch?v=s4g1XFU8Gto


Title: Re: Is bitcoin difficult to understand
Post by: plvbob0070 on September 12, 2020, 10:48:12 AM
I suppose most people don't really need to know in-depth technical aspects of Bitcoin as I assume knowing its basics might suffice for anyone who wants to try it.

There is a ton of Youtube videos and reference materials that can be found on the net including information from this forum. If anyone is really interested to learn about it then I also think they might find it interesting as long as they have enthusiasm.

It obvious that not everyone like to read online and comprehend and some bookish people like note book
More than internet evidence.
That's the problem some have.
People have different preferences in their way of learning. Some choose to search online because it’s convenient to use, with just a click and you can easily see different kinds of information. While others find books as a good and trustworthy source of information, that’s why they prefer to use it to study. What’s great about is you can choose what you are much more comfortable with, since there are textbooks about cryptocurrency and there are sites online that offer free cryptocurrency courses.

Check this out:
Code:
https://www.investopedia.com/articles/personal-finance/092916/top-6-books-learn-about-bitcoin.asp
https://www.udemy.com/topic/cryptocurrency/free/


Title: Re: Is bitcoin difficult to understand
Post by: gabbie2010 on September 12, 2020, 10:49:20 AM
Bitcoin is easy to understand for those who understand the nature of money and those who want to learn it. A book is redundant, just one video, it needs to be explained simply, intuitively, and easy to understand.
A cash-only person doesn't care what bitcoin does because he just likes cash and doesn't want to participate in things he doesn't understand.
Its not easy to understand for a layman or newbie except they put in much enthusiasm and courage in learning and understanding it, personally it took some effort and time from my own end to grasp the whole concept of it and how to use it,
A newbie may get discourage initially after reading through Bitcoin Whitepaper, watching some videos and the complexity in mode of transaction, opening of wallets etc however with time and dedication what looks difficult will become easy to understand.


Title: Re: Is bitcoin difficult to understand
Post by: Renampun on September 12, 2020, 11:45:11 AM
I personally feel that Bitcoin is not difficult to understand...
if you are lazy to find a thread about what Bitcoin is and the details in this forum then you can do a search on google, but my advice is easier to understand if you read it on Wikipedia/Bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: 3meek on September 12, 2020, 11:46:58 AM
It seemed to me that Bitcoin is not only a function of money or an economic case! Bitcoin is difficult to understand from a technical point of view, such as its calculation, distribution in the network, the reward for the produced block, mining pools, sha256, hashrate and so on...
So Bitcoin is not easy to understand!


Title: Re: Is bitcoin difficult to understand
Post by: milani on September 12, 2020, 12:12:26 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

In my opinion ther is no need in the text book about bitcoin for those who are interested in it and who has a strong desire to learn the BTC and crypto currency in deep. There are so many resources in the Internet, websites, blogs, specialized YouTube channels, articles, forums and do on. For those who is in search there is no problem to find the information - it is plenty of it. But may be it would be not bad to gather information from different resources on one huge resource where newcomers will be able to learn about BTC and crypto. But only for the information - something like the idea and principle, how it is mined, how to create the BTC wallet and keep secured your assets and so on.


Title: Re: Is bitcoin difficult to understand
Post by: LogitechMouse on September 12, 2020, 12:26:16 PM
There are some factors that may affect into how can you say that Bitcoin is that difficult to understand.

One is the knowledge of the person with regards to technology and in investments. A person who has a background in investing and in technology or at least know anything about blockchain will find Bitcoin easier to understand compare to a person who doesn't know anything about blockchain, technology and investing.

Another one is the eagerness of the person to understand it. If a person really wants to learn it then he will do everything to do it and vice versa. Another one is the accessibility in the new technology. We are slowly evolving right now when it comes to the technology we are using so people who aren't that techy will find Bitcoin difficult to understand.


Title: Re: Is bitcoin difficult to understand
Post by: bitsurfer2014 on September 12, 2020, 12:43:08 PM
It obvious that not everyone like to read online and comprehend and some bookish people like note book
More than internet evidence.
That's the problem some have.
But there are other options like audio book that they can listen, like Bitcoin's White paper.

https://www.youtube.com/watch?v=1yYrYCE4i1c
https://www.youtube.com/watch?v=eqhWdWhUnIA



What am telling you is life story, it happened between I and my lecturer when I was in university, have shown different kind of YouTube video in order put this man through but he could believe me but was emphasising on text book and the author of the book.


Of course we cannot disregard hard copies of  Bitcoin learning materials such as books, magazines, etc... - which are also abundant with regards to Bitcoin literacy. In contrast, the only downside for books about Bitcoin is that you will have to borrow it or buy it personally not like free ebooks or Youtube videos where anyone can obtain it easily throughout the net. But in fairness, some people would only prefer books for their convenience.

With this, I guess its just a matter of choice if the learner wants soft copy or hard copy materials or both, though it would also be ideal if it could be supplemented with practical application and not just purely theoretical. Experience is the key! :)


Title: Re: Is bitcoin difficult to understand
Post by: Saisher on September 12, 2020, 12:58:38 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

We are not lacking information on Bitcoin you can Google for the simplest one, but the simplest explanation are on Youtube, because it is visually presented to people, this is the best way to learn and to study Bitcoin, it's a fact that using a visual can help people understand even a complex subject, so do check Youtube and get the one suited for you or your friends.


Title: Re: Is bitcoin difficult to understand
Post by: Killrbit on September 12, 2020, 01:25:21 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

Hey there  are actually tons of resources and texts available about Bitcoin First foremost among them the Bitcoin whitepaper. As such its pretty clear and concise. Apart from this there also tons of Books and Videos available that should be helpul or newbies to Understand and learn about Bitcoin. Here are some helpful Links and articles for you:

Whitepaper :
 https://bitcoin.org/en/bitcoin-paper

Also check out the resources section on the btc org website for more helpful articles

https://bitcoin.org/en/resources


Books :

1) Mastering Bitcoin by Andreas M. Antonopoulos

2) The Internet of Money by Andreas M. Antonopoulos

3) The Bitcoin Standard by Saifedean Ammous

4)  Digital Gold" by Nathaniel Popper

There are actually tons of Books these are just the best few IMO


Also check out Andreas Antonopoulos Youtube channel for tons of Information on Bitcoin

https://www.youtube.com/user/aantonop


Title: Re: Is bitcoin difficult to understand
Post by: AicecreaME on September 12, 2020, 01:38:19 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

We don't need textbook for them to understand bitcoin, even if we make one, it's still pretty useless because people are jumping to conclusions since Bitcoin is always being used by scammers. Simply googling it is enough, and if they really want to understand what Bitcoin truly is, they will, even without a textbook.

We cannot force them to believe in Bitcoin instantly, it takes time since they want to stay in the safe side so they will not lose their money (thinking that they will be scam, etc.) But once they hooked up on learning and knowing about it, trust me, instantly they will invest their money on it without any hesitations.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 12, 2020, 01:43:49 PM
This reminds me of 20 years ago when in my country the government started putting people's wages in the bank, the most critical people said that people were very illiterate and would not be able to use ATM to receive their wages, today everyone knows how to use ATM and not it takes even many minutes to learn how to use ATM. That is why I believe that things only become difficult when we have no interest in them. People will not need to be learning very technical things about bitcoin, just that they learn basic things that everything will go well. See that nowadays even 10 year old children can use facebook, instagram and whatsapp without any difficulties, I do not believe that using bitcoin would be difficult for most people in the world
If I were to ask it is really difficult to understand how does the bitcoin works, what is it and also what are the meaning of the terminologies we are using when we are inside the crypto world. That's why when I first enter the bitcoin talk campaign I find it difficult because there are terminologies I don't understand like the word binance but now I can completely understand what is it because I am staying here for years.

It's a welcome development because understanding some terminologies of cryptoccurrency is not am easy thing and we most make a proper research before comprehending the concept's of cryptoccurrency fully, and is while newbies who don't know the rudiments of crptocurrency before registry to bitcointalk community is suppose to observe the system before responding.


Title: Re: Is bitcoin difficult to understand
Post by: Taskford on September 12, 2020, 01:45:30 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

Not everyone loves to read book since majority right now is on the net and there are so many articles and youtube videos are truly helpful for people to understand on what is bitcoin and how it works. But I on the other hand I agree that there's a book related on this topic since its good to have an option to scattered the information about the bitcoins.


Title: Re: Is bitcoin difficult to understand
Post by: Ayiranorea on September 12, 2020, 01:46:38 PM
Our forum discussions itself more than enough to learn more about bitcoin and other cryptocurrencies. Apart from this there were lots and lots of articles, and the regular news updates available with different websites. More number of YouTube channels were also available, dedicatedly for cryptocurrencies.

In simple lot many sources are available in our hands. Only thing necessary is the mind to learn, because without self interest it isn't possible to be knowledgeable in a specific domain.


Title: Re: Is bitcoin difficult to understand
Post by: Shohanur on September 12, 2020, 02:19:14 PM
You can't teach people who are not interested to learn. There are a lot of people behind us who are educated and have degree but they are not able to create simple facebook account. More knowledge, analysis and interest are needed to know cryptro currency well.


Title: Re: Is bitcoin difficult to understand
Post by: peterpanda on September 12, 2020, 02:28:57 PM
If someone don't want to learn about crypto currency then there is no need to teach them. Here, intention is a great factor. Only book is not sufficient for learning about bitcoin easily.


Title: Re: Is bitcoin difficult to understand
Post by: adzino on September 12, 2020, 02:34:04 PM
There are already a lot of books for crypto currency newbies. Bitcoin might be difficult to understand for some people that aren't tech wit. For understanding how bitcoin works, they need to understand the whole concept of blockchain for which they also need to know what hashes are, encryption and other computer science related knowledge.
But, to use bitcoin, people don't need to understand the details on how it works. If a person knows how to use paypal, it will be a piece of cake for them to learn how to use bitcoin.
Understanding might be difficult, but using bitcoin is easy.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 12, 2020, 02:38:31 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

Not everyone loves to read book since majority right now is on the net and there are so many articles and youtube videos are truly helpful for people to understand on what is bitcoin and how it works. But I on the other hand I agree that there's a book related on this topic since its good to have an option to scattered the information about the bitcoins.

I think having a text book covering crptocurrency is more better than online reading because of advance people who are book lover. I think elders prefer text books than online because of reflection of light that after their eye lens after using screen to read.


Title: Re: Is bitcoin difficult to understand
Post by: remopeterkarpf on September 12, 2020, 02:51:16 PM
Bitcoin is certainly hard to understand, but that doesn't mean that it's hard to use. Most people can drive a car or send an e-mail without understanding the internal combustion engine or Simple Mail Transfer Protocol (SMTP). And certainly both of these were considered “too complicated” for the masses.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 12, 2020, 03:09:31 PM
Bitcoin is certainly hard to understand, but that doesn't mean that it's hard to use. Most people can drive a car or send an e-mail without understanding the internal combustion engine or Simple Mail Transfer Protocol (SMTP). And certainly both of these were considered “too complicated” for the masses.

Cryptoccurrency need understanding, before you adventure crptocurrency transaction or business we suppose to know the concepts, even in bitcointalk community people also fine it very difficult to respond to chat because they don't have the basic knowledge before joining the forum. OK  I will give you another illustrations " if you buy car can't you learn how to drive  the car? The basic answer is YES you will learn how to drive car,so therefore we have to understand some part of bitcoin before going into it.lastly their is know complications on it.


Title: Re: Is bitcoin difficult to understand
Post by: Rafiqul on September 12, 2020, 03:16:34 PM
There's more than enough educational materials, but Bitcoin is indeed hard to understand for people without good background in software - understanding Bitcoin requires a knowledge of the basics of modern cryptography, without it you won't understand how mining works, how blocks and transactions are verified, how transactions are signed and so on. Most people probably don't need to fully understand how Bitcoin works, just like most users don't understand how cars or computers work - they just need to know how to use it properly.
Yes, you are right, without a good background it is not possible to understand how to dig bitcoin, how to block and transact, bitcoin software etc; I think the textbook needs to be included to achieve this. However, in countries where cryptocurrency is banned, residents can read articles, YouTube and books on Bitcoin. While it is not necessary to fully understand how Bitcoin works, one should study the various threads of Bitcoin for its use and transactions.


Title: Re: Is bitcoin difficult to understand
Post by: AniviaBtc on September 12, 2020, 03:23:45 PM
At first, yes it is, especially if you don't have any idea or you have 0% knowledge about it.This forum is really a big help for those who are interested and willing to learn about blockchain, bitcoin, and other cryptocurrencies that are existing in the market.

Here in this forum there are a lot of sections that they can visit and spend time reading. Youtube is also effective, a lot of videos, especially books are really essential and easy to understand when you are willing to learn.

Without practice and application, your bitcoin knowledge will become useless so as soon as possible, invest to it once you are ready.


Title: Re: Is bitcoin difficult to understand
Post by: Yatsan on September 12, 2020, 03:56:19 PM
The reason why most people (pertaining to those that are not into using Bitcoin) find Bitcoin to be difficult to understand is because their mindset is just focusing into how can they earn money and not really that interested on learning the basics of it for they think of more into technicalities and making simple things that are understandable be made into complex. Actually it is really hard to learn Bitcoin if you would jump into learning the technicalities and does not have the interest on learning the things you must certainly know about it.

If you would be just patient on learning the basics first added by putting your interest on it and leveling the acquiring of knowledge, the difficulty of understanding Bitcoin would be lessen for you would be familiarize from basics going to the complex ones as you get along on your Bitcoin journey which certain knowledge to better understand Bitcoin can be learned by own experience and of course keeping yourself updated by reading into sources like internet and this forum as well.


Title: Re: Is bitcoin difficult to understand
Post by: wildflower18 on September 12, 2020, 04:12:06 PM
For those who are not techy they are also having difficulty to understand what bitcoin can really offer. Also those people that are thought crypto can earn instant money. We can simply discuss the basic what cryptocurrency has it's features so they can understand how it works.


Title: Re: Is bitcoin difficult to understand
Post by: Wesleyeric on September 12, 2020, 04:21:55 PM
Yes is really true, people find it difficult to understand bitcoin, It will be good and nice if a means of understanding bitcoin so much, some people online do find it difficult to buy and sell bitcoin, Some country are really interesting in bitcoin, But they need a better and understanding platform that will enable them to have a good understanding of what bitcoin is, I will advise any one that have ideas on bitcoin should teach others, With this bitcoin can be fully understanding to the world.


Title: Re: Is bitcoin difficult to understand
Post by: Zandra on September 12, 2020, 05:02:45 PM
It's difficult to understand for those people who doesn't have interest in Bitcoin. Some people thinking that it's a scam that's why they ignore it. Bitcoin is very easy to understand when you're teachy and interested to know it.


Title: Re: Is bitcoin difficult to understand
Post by: coolcoinz on September 12, 2020, 05:13:22 PM
I would recommend to read Bitcoin whitepaper rather than blog/press or youtube videos because most of them doesn't really complete to explain what bitcoin it is. Now bitcoin.org already listed 31 new language [1] , it will help for those people who didn't really understand on English language.


[1] https://bitcoin.org/en/bitcoin-paper

I actually disagree with this. I wouldn't be surprised if a typical non-techie person would be turned off if he/she asks about Bitcoin and we just present the whitepaper. There are other far easier to understand articles out there that are better fit for the masses, like this one(in my opinion): https://www.coindesk.com/learn

Most people find reading a normal service manual to be a dificult task. Go to any home appliance, computer, electronics repair shop and ask them. The average user buys something, unpacks it and immediately goes to pressing random buttons and trying to figure out how the device works instead of reading the manual. Then they usually break stuff and try to blame it on the manufacturer.

If you had to read the white paper to start using Bitcoin we'd have half of the current userbase.


Title: Re: Is bitcoin difficult to understand
Post by: akram143 on September 12, 2020, 05:28:41 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
Lot of books available to get the complete knowledge about blockchain, cryptography and crypto currency which will help someone to learn what is bitcoin completely but who bother to collect these books to get to know about bitcoin?

Even myself had chance to invest on bitcoins in the year 2014 with huge money but simply I didn't because I didn't have clear knowledge about crypto currencies.


Title: Re: Is bitcoin difficult to understand
Post by: ILuckyGuyI on September 12, 2020, 05:42:44 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

It depends on how you teach people about Bitcoin. For that purpose, I think Bitcoin should be taught in schools all around the world. There are also online courses about cryptocurrencies and their technologies. As long as people want to learn about Bitcoin and the industry, there are too many sources on the internet.


Title: Re: Is bitcoin difficult to understand
Post by: GDragon on September 12, 2020, 06:11:15 PM
I agree that bitcoin is really complicated at first, cause I remember encountering bitcoin twice in my life before I even try to be in the industry. I just thought at first that bitcoin is a place where you will get a lot of money, cause from the talks I've heard from friends, it sounds like they are earning "in" it. It feels like a place. 

But after being here for years, I've realized that the first thing you should teach a newbie about bitcoin is that it's a currency, try to make them understand how gold works, how a dollars work, try to explain to them the history too, why do satoshi create this currency in the first place anyway? Something like that, that's not what I really get of bitcoin when I'm starting, we have to clarify that it's a currency. If they got that idea as their first encounter of bitcoin, then they are on the great track. They can learn other things on youtube, the technicality and such.

However, based on my experience, almost all of the btc encounters of a newbie are scams, and all they think of bitcoin today is always connected to scams and illegal activities. Cause we can't deny bitcoin scams are everywhere, from social media, to films, to text messages and such. So it can also be a great way to teach them about the scams too, let them understand that bitcoin isn't all that, its just that when it comes to money, there are scams, same thing with fiat and in credit cards, debit cards, and etc.


Title: Re: Is bitcoin difficult to understand
Post by: Wawa2013 on September 12, 2020, 07:23:30 PM
I agree that Bitcoin is difficult to understand, especially in the technical aspect, it takes time to understand it. But if a newbie wants
to learn Bitcoin, now information is very easy to get. On the internet there are many articles that explain in detail about Bitcoin,
even on the YouTube platform there are also many videos explaining about Bitcoin. If you want to read books related to Bitcoin,
there are many books that explain Bitcoin. Actually, information related to Bitcoin is very easy to get, depending on how much we
want to understand about Bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: Gozie51 on September 12, 2020, 07:46:51 PM
Interest is a factor on why people are finding something hard to understand this applies to all aspects. Bitcoin isn't that difficult to understand if we will just put time into studying it and getting in depth with its parts and what makes bitcoin. Yeah there are some complex part about bitcoin but you can make ways if you are really interested in learning bitcoin, you can find someone or join seminars don't just focus on textbooks/articles.

Dedication to learning is the way forward. Interest is another too. And if somebody has no interest, dedication will not be reached. Interest is what makes learning easier , interest is important. With interest, learning bitcoin is very easy.


Title: Re: Is bitcoin difficult to understand
Post by: Bitcoinislife09 on September 12, 2020, 08:09:10 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

Bitcoin is actually easy when if you already know how it works or you are already using bitcoin you could easily understand how bitcoin works with just a little bit of research online. And I think it is easy to understand for a lot of people in the community. There is an advanced understanding in bitcoin that in my opinion, you don't really need to know unless you use it or you work in crypto. Just knowing the basics of bitcoin is enough already to use and understand bitcoin technology. Visiting websites is also helpful because there are so many websites that could help you understand bitcoin technology easily.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 12, 2020, 08:22:08 PM
Interest is a factor on why people are finding something hard to understand this applies to all aspects. Bitcoin isn't that difficult to understand if we will just put time into studying it and getting in depth with its parts and what makes bitcoin. Yeah there are some complex part about bitcoin but you can make ways if you are really interested in learning bitcoin, you can find someone or join seminars don't just focus on textbooks/articles.

Dedication to learning is the way forward. Interest is another too. And if somebody has no interest, dedication will not be reached. Interest is what makes learning easier , interest is important. With interest, learning bitcoin is very easy.

I hope your absolutely right because the only thing that will make you to know the rudiments or principles of bitcoin is passion and determination,because passion will make the learners or beginners to understand the concept of cryptoccurrency very easily, and if the passion is not there,their is know way to comprehend the concepts of cryptoccurrency as a beginner.
So therefore everyone who wants to go into cryptoccurrency suppose to develop the passion or interest before adventuring into it.


Title: Re: Is bitcoin difficult to understand
Post by: Silberman on September 12, 2020, 08:28:21 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
There are already many articles and books that speak very profoundly about what bitcoin is and how it works, that is not really the problem, for what I see the main problem is that people are really lazy and they do not want to take the time to learn about something new, and anything that is remotely different or a little bit more uncomfortable than usual it is something that they do not want to do, I think this is why bitcoin has not been adopted at the speed that we expect but I'm convinced that this will change in the future as finally people realize why letting the governments print as much money as they want is never a good idea.


Title: Re: Is bitcoin difficult to understand
Post by: Cryptoreflector_666 on September 12, 2020, 08:58:14 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
There are already many articles and books that speak very profoundly about what bitcoin is and how it works, that is not really the problem, for what I see the main problem is that people are really lazy and they do not want to take the time to learn about something new, and anything that is remotely different or a little bit more uncomfortable than usual it is something that they do not want to do, I think this is why bitcoin has not been adopted at the speed that we expect but I'm convinced that this will change in the future as finally people realize why letting the governments print as much money as they want is never a good idea.

I agree, people are very lazy, but that's not even half the problem. The main factor is that people like to be in the comfort zone and get out of it is not so easy. In order to perform a primitive operation on bitcoin, you need to at least have a wallet, and for some this is no longer a lifting problem. If you have not encountered before to start a wallet on the Internet, then it will be very difficult for you to deal with bitcoin further. But if you have enough motivation to learn everything, a new world will open up for you.


Title: Re: Is bitcoin difficult to understand
Post by: Hypnosis00 on September 12, 2020, 10:35:04 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
It fine to have a textbook but there is no available at this time talking about crypto. Well, it might not important to have it because the internet is also a reliable source that can help us to understand crypto and it is the fastest and easiest way to make a search. In fact, you can find a lot of sources online that a textbook might don't have but of course, you should also evaluate if that sources are legit or not.


Title: Re: Is bitcoin difficult to understand
Post by: rexxarofmoknathal on September 12, 2020, 10:56:04 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

To be frank, in my opinion if you feel that BTC is hard to understand then you have little chance of understanding every other cryptocurrency that unfolded after the birth of BTC.

BTC is not that hard to understand and there are so many sources online that you can use to get your head around it, but if you can't grasp the concept then you won't have an easy time understanding the blockchain technology, the backbone that lead to the creation of ETH network, smart contracts or DeFi.


Title: Re: Is bitcoin difficult to understand
Post by: verita1 on September 12, 2020, 11:55:09 PM
I would recommend a person who wants to know about  Bitcoin to create a secure mobile crypto wallet to get started.

Then I would teach he/she how to use a global exchange platform or local P2P exchange. That would be my A, B, C lessons because learning about Bitcoin is learning as you go and constantly learning.

Everyone who is new to Bitcoin seeks to collect as much of it as possible and learn how to play to save their capital.


Title: Re: Is bitcoin difficult to understand
Post by: Sapphire915 on September 13, 2020, 12:44:39 AM
I understand that some people really having a hard time to learn about Bitcoin and other crypto currencies. Having a Textbook is one nice idea, but i guess it won't be that useful nowadays because we are fully digitalized and most people are turning to their computer and smartphones for research. I would like to suggest instead, if someone really wants to know and have much interests in Crypto world, constant research and watching videos about blockchain industry is a big help.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 13, 2020, 03:34:31 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
It fine to have a textbook but there is no available at this time talking about crypto. Well, it might not important to have it because the internet is also a reliable source that can help us to understand crypto and it is the fastest and easiest way to make a search. In fact, you can find a lot of sources online that a textbook might don't have but of course, you should also evaluate if that sources are legit or not.

We know that internet is a reliable source to get all necessary information concerning cryptoccurrencies but some people are old enough not to use screen to read because of their eye problem, so in this case what is going to be the solution of case.


Title: Re: Is bitcoin difficult to understand
Post by: maydna on September 13, 2020, 03:43:36 AM
I understand that some people really having a hard time to learn about Bitcoin and other crypto currencies. Having a Textbook is one nice idea, but i guess it won't be that useful nowadays because we are fully digitalized and most people are turning to their computer and smartphones for research. I would like to suggest instead, if someone really wants to know and have much interests in Crypto world, constant research and watching videos about blockchain industry is a big help.

Searching from the internet will give us the result of what we want to know because we can browse in many website sources that we need to help us learn and understand something such as cryptocurrency. We can't depend on other people to gain knowledge because we need to search for ourselves. The more we can learn, the more we will know about something. The internet gives us an easiness to explore and learn cryptocurrency because I am sure that it will help us find what we want.

As long as we have passion about something, we will spend more time to find the answer, and we will search for many websites. The situation right now is not the same as a few years ago before cryptocurrency became popular. I am sure that we can find much interesting information related to cryptocurrency.


Title: Re: Is bitcoin difficult to understand
Post by: sunsilk on September 13, 2020, 03:58:00 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
They find it difficult to understand because of the bad reputation that the mainstream media shows about bitcoin. When there are scams and hacks, they think that it's all bitcoin's fault which they think that it has its own understanding and thought to move alone.

The mainstream media never made it clear that bitcoin is the same as any other online payment method which can be used for both good and bad purposes.
Extremely right, due to the massive scam incidents that make bitcoin and the other crypto reputation becomes bad to the eye of the people but the fact the users on it who are lack of knowledge that makes them being scammed.

Physical books isn't necessary, once people engage on the internet they will possibly learn about the bitcoin and the technology. You can simply browse to find those information regarding bitcoin.We should teach them the usage of bitcoin not just the way the will earn through crypto.
Yes, those physical books aren't necessary but there are people who likes to read more things in a traditional way. And it's why some still look for books that has topics about bitcoin or being a book about bitcoin in the whole context.

But usually, bitcoin users are aware of the internet and things are searchable online. Well, IMO it's still a friendly thing to have those physical books and there's nothing wrong with it as long as it educates any person who reads it of what bitcoin is.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 13, 2020, 03:59:08 AM
I understand that some people really having a hard time to learn about Bitcoin and other crypto currencies. Having a Textbook is one nice idea, but i guess it won't be that useful nowadays because we are fully digitalized and most people are turning to their computer and smartphones for research. I would like to suggest instead, if someone really wants to know and have much interests in Crypto world, constant research and watching videos about blockchain industry is a big help.

Searching from the internet will give us the result of what we want to know because we can browse in many website sources that we need to help us learn and understand something such as cryptocurrency. We can't depend on other people to gain knowledge because we need to search for ourselves. The more we can learn, the more we will know about something. The internet gives us an easiness to explore and learn cryptocurrency because I am sure that it will help us find what we want.

As long as we have passion about something, we will spend more time to find the answer, and we will search for many websites. The situation right now is not the same as a few years ago before cryptocurrency became popular. I am sure that we can find much interesting information related to cryptocurrency.

We are actually emphasising on internet and text book's because of two factors which are old people and young people and also rich and poor.
See for the old people will prefer to study cryptoccurrency with text book because reflection of light ray in screen always disturb them after reading while young people even refers onlines because they have acclimatized by using internet, in terms of poor and rich,its obvious that not many people that have the money to purchase phones that access internet.
Looking at those concept you understand that text book is more preferable than internet because everyone can use it and its for reference purposes.


Title: Re: Is bitcoin difficult to understand
Post by: Shasha80 on September 13, 2020, 04:20:09 AM
I think Bitcoin is not difficult to understand, the most important thing is that we have the intention to learn everything about Bitcoin.
Because all information about Bitcoin is also not difficult to obtain, it is already spread in the internet world. In fact, this forum is quite
complete with information about Bitcoin that I can get.


Title: Re: Is bitcoin difficult to understand
Post by: CryptopreneurBrainboss on September 13, 2020, 04:37:54 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

No doubt people want physical things they can touch and feel. Many still think bitcoin is a made up stuff that isn't real. They still want to be able to feel their money been spent that's exactly why they intentionally don't want to learn about bitcoin and not that it's too difficult to understand. If you're already good with operating your mobile phone you won't find it difficult learning the sending and receiving of bitcoin procedures.

It took me not more than minutes to learn them meaning it most likely won't take others the same. All I know in using bitcoin was self taught. You do not have to go reading books how how to do them when you can use a visual representation via youtube or personal coaching but if that's what you enjoy doing than that's cool. The best way to learn something fast in the industry is through experience.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 13, 2020, 04:45:15 AM
I think Bitcoin is not difficult to understand, the most important thing is that we have the intention to learn everything about Bitcoin.
Because all information about Bitcoin is also not difficult to obtain, it is already spread in the internet world. In fact, this forum is quite
complete with information about Bitcoin that I can get.

We all know its easy by using internet to learn things about bitcoin but not really easy to everyone because the level of our understanding is differs.
Emphasising on text book is my major concerns base on people that can't afford phones or laptop and also old people  using screen to read because of the side effect of the light ray in their eye.


Title: Re: Is bitcoin difficult to understand
Post by: mk4 on September 13, 2020, 05:50:11 AM
If you search on YouTube "What is bitcoin", you will get some results. If you see their rating you can understand that no one understands them.

Classic example: https://www.youtube.com/watch?v=s4g1XFU8Gto
Sure, but let's not make conclusions based on one video. It's not like only Bitcoin has bad videos on YouTube, pretty much every single niche has. But it doesn't make the platform totally bad for researching purposes; you just need to find the right content.


Title: Re: Is bitcoin difficult to understand
Post by: sujon5 on September 13, 2020, 06:13:51 AM
Bitcoin isn't difficult to be understood. One just needs time to do that. There are many worthy books about the fist crypto. For example, "Mastering Bitcoin" by Andreas M. Antonopoulos, "The Book Of Satoshi" by Phil Champagne and "Bitcoin From Beginner to Expert" by Christian Newman.


Title: Re: Is bitcoin difficult to understand
Post by: Believemee on September 13, 2020, 07:04:53 AM
To my understanding nothing and I mean absolutely nothing is hard to understand . Man have the ability to learn and relearn. Understanding Cryptocurrency or rather bitcoin is a function of choice and the individual interest.like the popular saying goes “what is worth doing is what doing well” Cryptocurrency is worth understanding and we can go to any level to get its understanding without depending on any book/manuals. These the information and technology age, information are transmitted using different reliable and easily accessible platform. And I believe one with the urges to understand Cryptocurrency is not limited to using book or manuals.Thank you


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 13, 2020, 08:47:40 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

No doubt people want physical things they can touch and feel. Many still think bitcoin is a made up stuff that isn't real. They still want to be able to feel their money been spent that's exactly why they intentionally don't want to learn about bitcoin and not that it's too difficult to understand. If you're already good with operating your mobile phone you won't find it difficult learning the sending and receiving of bitcoin procedures.

It took me not more than minutes to learn them meaning it most likely won't take others the same. All I know in using bitcoin was self taught. You do not have to go reading books how how to do them when you can use a visual representation via youtube or personal coaching but if that's what you enjoy doing than that's cool. The best way to learn something fast in the industry is through experience.

What about people who are not used to operates phones but their are interested to learn bitcoin, does it means that those people that do not have phones are not eligible to learn bitcoin?
I really know that everyone is making sense but we have to consider some certain factors that self education is really different from knowledge someone impact in us.


Title: Re: Is bitcoin difficult to understand
Post by: Mahdirakib on September 13, 2020, 09:34:14 AM
What about people who are not used to operates phones but their are interested to learn bitcoin, does it means that those people that do not have phones are not eligible to learn bitcoin?
I don't get your point. If someone is unable to operate a phone then what will they do by learning about bitcoin or cryptocurrency! Isn't it useless. Without operating a mobile phone or reletaed device like laptop/pc they won't be able to use crypto network.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 13, 2020, 09:47:13 AM
What about people who are not used to operates phones but their are interested to learn bitcoin, does it means that those people that do not have phones are not eligible to learn bitcoin?
I don't get your point. If someone is unable to operate a phone then what will they do by learning about bitcoin or cryptocurrency! Isn't it useless. Without operating a mobile phone or reletaed device like laptop/pc they won't be able to use crypto network.

Right here we are emphasising on internet and text books, because of elderly peoples who are bookish during their era but their are interested to study bitcoin
But they fine it very difficult to make use of internet or use internet for proper learning due to their haven't acclimatized themselves by using phones,so what are best option or remedy to educate them concerning bitcoin and crptocurrencies in general.


Title: Re: Is bitcoin difficult to understand
Post by: HunyB on September 13, 2020, 05:10:01 PM
Yes your suggestion is right there is no perfect book published or article that gives full information to understand knowledge about bitcoin. The understanding of Bitcoin is not tough but there is no perfect or full guide by any knowledgeable person or community which leads to make bitcoin very tough to understand for a new person kn crypto community.


Title: Re: Is bitcoin difficult to understand
Post by: target on September 13, 2020, 05:19:20 PM

Its going to be hard to find a text book about it but there is one that many might just suggest. There is a book about Mastering Bitcoin of Andreas Antonopoulos, it could be something really worth reading since many are also recommending it.

I haven't read it myself but most of the time whenever I wanna learn something I turn to youtube and I find more than just answers.


Title: Re: Is bitcoin difficult to understand
Post by: goldade on September 13, 2020, 05:22:49 PM
I do not think there is a perfect or complete book that teaches bitcoin. Everyone who have knowledge about bitcoin now did not learn it through some specific book or something.
The only next best thing to having a perfect book is learn online , a piece here and there just like everyone else.
Bitcointalk is also another great way to get started. A quick search of 'learning bitcoin' will fetch quite a number of threads related to this. Trust me, there are several threads on this.


Title: Re: Is bitcoin difficult to understand
Post by: Asuspawer09 on September 13, 2020, 07:09:11 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

Bitcoin is easy to understand in my opinion as long as you know all the basics about it, and by just using bitcoin or experienced bitcoin you could easily learn a lot about it.

But still, bitcoin technology is a wide topic so there is obviously a lot of advanced part of it that is hard to understand, but for me, there is no need to learn everything about bitcoin and with just the basic knowledge about it, you could surely use it and earn a profit from it.

Textbook or articles online is I think effective to learn bitcoin in my experience, with just a bit of research about it you could already learn a lot of things. Still no need to learn everything, you don't need to know how the technology is going to work you just need to know how it works. There are people that are in charge of this advanced stuff something like programmers and developers.


Title: Re: Is bitcoin difficult to understand
Post by: CarnagexD on September 13, 2020, 07:15:48 PM
I do not think there is a perfect or complete book that teaches bitcoin. Everyone who have knowledge about bitcoin now did not learn it through some specific book or something.
Bitcoin emerged in late 2017, the full recognition of bitcoin was established in 2018 and I don't think that there are already a book that has the bitcoin as the main topic, add the fact that technology is always changing, once a book about bitcoin is published, within a year or two it will be outdated if and only if there are any progress happened to it. The best thing to look for any information right now is the internet, massive information lies on the internet rather than the book.

Bitcointalk is also another great way to get started. A quick search of 'learning bitcoin' will fetch quite a number of threads related to this. Trust me, there are several threads on this.
A forum like this is a tool for us, we can learn plenty of things in here, get the latest updates and we are able to know the hot topics and projects.


Title: Re: Is bitcoin difficult to understand
Post by: pixie85 on September 13, 2020, 07:30:57 PM
You only need very basic understanding of Bitcoin to use it. You don't have to spend hours learning just watch a few youtube videos, read a wallet tutorial.

To understand the basics you maybe need to spend 30 min. How much time is needed to get to know everything a user should know? 2 days? 5 days?

You spend more time learning to drive a car why would Bitcoin be difficult all of a sudden?


Title: Re: Is bitcoin difficult to understand
Post by: khaled0111 on September 13, 2020, 09:43:50 PM
^^ exactly.
You don't have to understand all the aspects of bitcoin or know how things work under the hood to be able to start sending and receiving bitcoins.Even if you are not a tech savy guy, all it takes is someone who explains and show you the basics like how to create a wallet and how to secure it.
I think it's time to stop spreading such wrong ideas, that bitcoin isn't for everyone and you have to be a genius to use it.


Title: Re: Is bitcoin difficult to understand
Post by: Ryker1 on September 13, 2020, 09:54:14 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
Well, that is a good idea and that is a good suggestion though but the textbook is not necessary since we have internet that bitcoin history and about bitcoin technical issues will be there already discussed. Bitcoin has a simple feature and you will easily understand the basic information on how to use and how to spend your bitcoin. Perhaps technical issues had a big problem of getting interested by the people because they don't know how bitcoin will work better. Understanding bitcoin for 1 week or weeks will surely have an idea.


Title: Re: Is bitcoin difficult to understand
Post by: Ridwan Fauzi on September 13, 2020, 11:34:12 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
If they are diligent, there are a ton of article in google about bitcoin or crypto currency as whole. It is just they aren't interested to know more about bitcoin because they just because interested to gain profit in bitcoin with the short term pariode. This time is different with before the internet hadn't came, the people should find a book or newspaper to find an information but now you can have a thousand of book through your phone.


Title: Re: Is bitcoin difficult to understand
Post by: Sadlife on September 13, 2020, 11:41:33 PM
Yep, for me when i first got in the Cryptocurrency space it was confusing, because there's quite a lot of categories it has, such as anonymity, features, blockchain what it means, how decentralized ledger works, using wallets and there's different types of them; hardware, paper, web wallet then how to earn and how use it.
Surely this will confuse newbies and give up half way because there tons of to learn.


Title: Re: Is bitcoin difficult to understand
Post by: crzy on September 13, 2020, 11:43:14 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
If you do your effort you can see tons of resources for you to learn bitcoin and there’s already a lot of books out in the public but still very few are buying it. One of the key reason to become profitable is to have the right knowledge and cryptocurrency is easy to learn now because its already available Worldwide, I mean if you have access on youtube then you can search how bitcoin and cryptocurrency works easily.


Title: Re: Is bitcoin difficult to understand
Post by: TimeTeller on September 13, 2020, 11:45:09 PM
Yep, for me when i first got in the Cryptocurrency space it was confusing, because there's quite a lot of categories it has, such as anonymity, features, blockchain what it means, how decentralized ledger works, using wallets and there's different types of them; hardware, paper, web wallet then how to earn and how use it.
Surely this will confuse newbies and give up half way because there tons of to learn.

We all start from this phase, learning what bitcoin or crypto or blockchain technology is.
No one is born knowing all these information. So if you are a newbie, just think that all these crypto users also started from where you are.
If you will not start now, you will be forever a newbie. So start educating yourself, this forum alone has so much to offer.
Aside fro all the other crypto related sites and articles available just by one click in google search.


Title: Re: Is bitcoin difficult to understand
Post by: roadrunnerjaiv2025 on September 14, 2020, 12:48:59 AM
There are already tons of resources online that people can use. Even in this forum alone, there are many posts that provide an easy guide to learning cryptocurrency. I won't recommend having all info consolidated in a textbook because that's quite difficult to access. An ebook perhaps. But, like studying any other complex subject, there are multiple ways to learn cryptocurrency. We can all start by understanding the basics then go separate ways as we dive deeper. In other words, studying a single textbook might not be the best idea. Online materials are more than enough.


Title: Re: Is bitcoin difficult to understand
Post by: Assface16678 on September 14, 2020, 01:14:12 AM
Cryptocurrency or the bitcoin is really hard to understand if you don't have enough knowledge on this specific field you can relate too if you have in the course for example in

Computer science
Information Technology

Still, the world of crypto has a different field you can master.

One of the best we could do is read a lot of data and makes good information to identify which one Is the really true statement today it's not hard to find some information just use your internet and search engines but the problem is because of too much data and information you cannot see which has concrete and legit.

Also, the experience is one of the best things you could learn because this may help you with your mistakes too.


Title: Re: Is bitcoin difficult to understand
Post by: shoreno on September 14, 2020, 03:30:25 AM
many ways to understand cryptocurrency can use internet services to understand the basic basics even more deeply. asking experienced people who are more experienced can also be connected to dig up information about cryptocurrency. many ways to learn choose the easy way for you.

i dont know if there are already books about crypto in our local bookstore but if there is then i will recomend it for newbies but only books that tell the real truth and not books that are tryin to destroy cryptos .

 when they read it on books , this encourage them more to think that cryptos are really legit and real compare to searching on the net that they will be confuse on where to start .


Title: Re: Is bitcoin difficult to understand
Post by: MCobian on September 14, 2020, 04:17:51 AM
I think that who says Bitcoin is difficult to understand are lazy to read and learn. Because if you are diligent in reading books and articles
about Bitcoin, you should be able to understand Bitcoin. Moreover, now there is a YouTube platform that provides many videos that can
explain Bitcoin. So there is no need to worry about having trouble understanding Bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: leway.ph on September 14, 2020, 04:28:12 AM
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?" because bitcoin it is not introduced by just whoever that you come along the road or your teacher or your parents. It is something that you should really give time to study or understand with. In fact when I was starting my journey in this crypto world this just blew my mind on how this thing work and grew without noting by many.
This is something that you need to dig in, but it is not hard to understand, dig in because for you to lighten up your so much questions, because there will be more questions after a question.


Title: Re: Is bitcoin difficult to understand
Post by: maydna on September 14, 2020, 04:49:08 AM
~snip~

We are actually emphasising on internet and text book's because of two factors which are old people and young people and also rich and poor.
See for the old people will prefer to study cryptoccurrency with text book because reflection of light ray in screen always disturb them after reading while young people even refers onlines because they have acclimatized by using internet, in terms of poor and rich,its obvious that not many people that have the money to purchase phones that access internet.
Looking at those concept you understand that text book is more preferable than internet because everyone can use it and its for reference purposes.

If you talk about older adults, I am not sure how many of them are willing to learn about cryptocurrency. The old people here mean they are older than 50 years because many of them still prefer doing what they did now, and they do not have a passion for learning something new, especially if that is related to the technology.

But I know some older adults below 50 years old learn about cryptocurrency, but they don't learn as much as young people because they are still busy with something. By having an internet connection, every person who wants to learn something can easily browse from their gadget, and they can visit on many website sources.

I think there are not many books available on the local store that talk or discuss cryptocurrency because perhaps, that is related to the regulations on the countries.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 15, 2020, 08:29:20 AM
~snip~

We are actually emphasising on internet and text book's because of two factors which are old people and young people and also rich and poor.
See for the old people will prefer to study cryptoccurrency with text book because reflection of light ray in screen always disturb them after reading while young people even refers onlines because they have acclimatized by using internet, in terms of poor and rich,its obvious that not many people that have the money to purchase phones that access internet.
Looking at those concept you understand that text book is more preferable than internet because everyone can use it and its for reference purposes.

If you talk about older adults, I am not sure how many of them are willing to learn about cryptocurrency. The old people here mean they are older than 50 years because many of them still prefer doing what they did now, and they do not have a passion for learning something new, especially if that is related to the technology.

But I know some older adults below 50 years old learn about cryptocurrency, but they don't learn as much as young people because they are still busy with something. By having an internet connection, every person who wants to learn something can easily browse from their gadget, and they can visit on many website sources.

I think there are not many books available on the local store that talk or discuss cryptocurrency because perhaps, that is related to the regulations on the countries.

Many retired civil servants are interested to know and learn perfectly concerning cryptoccurrency because their looking for easy access to invest their pension, so them really need proper evidence of cryptoccurrency especially bitcoin text books.
Saying that old adults of 50 years are know longer interested about cryptoccurrency,I stand to refute the point because I have seen a man of 73 years analysing cryptoccurrency with referable explanation's.


Title: Re: Is bitcoin difficult to understand
Post by: glowing10 on September 15, 2020, 08:42:36 AM
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?" because bitcoin it is not introduced by just whoever that you come along the road or your teacher or your parents. It is something that you should really give time to study or understand with. In fact when I was starting my journey in this crypto world this just blew my mind on how this thing work and grew without noting by many.
This is something that you need to dig in, but it is not hard to understand, dig in because for you to lighten up your so much questions, because there will be more questions after a question.


Initially when it is new you will need to get knowledge and understand it. Just like when you get new job, we need to understand the working and the process of that organization and new software’s etc in same way we need to understand the bitcoin and its functioning. What are the different ways on this form or through crypto how we can make money and grow rich?


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 15, 2020, 09:01:23 AM
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?" because bitcoin it is not introduced by just whoever that you come along the road or your teacher or your parents. It is something that you should really give time to study or understand with. In fact when I was starting my journey in this crypto world this just blew my mind on how this thing work and grew without noting by many.
This is something that you need to dig in, but it is not hard to understand, dig in because for you to lighten up your so much questions, because there will be more questions after a question.


Initially when it is new you will need to get knowledge and understand it. Just like when you get new job, we need to understand the working and the process of that organization and new software’s etc in same way we need to understand the bitcoin and its functioning. What are the different ways on this form or through crypto how we can make money and grow rich?


Some people mindset is that bitcoin is an ordinary thing someone can adventure into without proper research, cryptoccurrency is very broad to study but we can take a measure to study it step by step in order to understand the major concepts of cryptoccurrencies especially bitcoin. Working in crypto it needs attention or engagement.


Title: Re: Is bitcoin difficult to understand
Post by: witcher_sense on September 15, 2020, 09:10:24 AM
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?"
If you are not getting right answers means you are not asking right questions. "How do I earn bitcoin?" is an example of wrong question constantly coming from newbies. If you want to know how to earn, try googling "How do I earn dollars?". I bet you will not find something new. Just get a job, after all. The best answer. Bitcoin is just another form of money, nothing else. You don't have to have deep technical knowledge in order to use bitcoin and earn Bitcoin. Bitcoin is pretty easy to use and earn and, at the same time, it is pretty hard to fully comprehend. No one in the world can claim he completely grasped what bitcoin is. You should't worry about your lack of knowledge regarding interdisciplinarity of bitcoin. Just find something that is interesting for you, personally and start your research.


Title: Re: Is bitcoin difficult to understand
Post by: NavI_027 on September 15, 2020, 09:54:59 AM
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?"
Bitcoin is just another form of money, nothing else. You don't have to have deep technical knowledge in order to use bitcoin and earn Bitcoin. Bitcoin is pretty easy to use and earn and, at the same time, it is pretty hard to fully comprehend.
Yup! That's right. But actually, bitcoin supposed to become more of a currency than a stor of value. But anyway, that's not the point here so nevermind ;D.

Honestly, I think all of us need to familiarize btc's technicalities. Not whole aspects but at least the basics. Know the jargons, how the system work and simple do's and don'ts as well; so that you will minimize the risk of making bad decisions which sooner leads to losing and to avoid the traps of scammers too.


Title: Re: Is bitcoin difficult to understand
Post by: finlandais on September 15, 2020, 09:58:29 AM
According to me it is not contorted at all. If someone is disposed to learn about  bitcoin ,there are many peer-reviewed articles ,forums through which we can learn a lot about  bitcoin and cryptocurrencies.No doubt that it is hard to comprehend bitcoin properly but interest and zeal of a person matters a lot.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 15, 2020, 10:10:41 AM
According to me it is not contorted at all. If someone is disposed to learn about  bitcoin ,there are many peer-reviewed articles ,forums through which we can learn a lot about  bitcoin and cryptocurrencies.No doubt that it is hard to comprehend bitcoin properly but interest and zeal of a person matters a lot.

Really nothing on earth is easy as we taught to know better, Reading those forum articles online is not even the best criteria to master cryptoccurrencies or bitcoin,
Even in forum no one know bitcoin all, it's a matter time to study btc properly.


Title: Re: Is bitcoin difficult to understand
Post by: blckhawk on September 15, 2020, 10:28:33 AM
Well, I guess it depends on the people themselves. If that person was eager to learn and interested in it then understanding it wouldn't be that difficult. Besides, the difficulties vary on how depth you want to understand the Bitcoin. If you are going to know every single detail about then this will definitely difficult but as long as you only onto basic then it won't be problem.

Regarding which is the best way to learn it books or online, I would say the online is better the fact that this will be more convenient for everyone. Books could be better as well especially of having factual information and unquestionable credibility unlike online that can be manipulated.


Title: Re: Is bitcoin difficult to understand
Post by: Dana888 on September 15, 2020, 10:49:23 AM
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?"
If you are not getting right answers means you are not asking right questions. "How do I earn bitcoin?" is an example of wrong question constantly coming from newbies. If you want to know how to earn, try googling "How do I earn dollars?". I bet you will not find something new. Just get a job, after all. The best answer. Bitcoin is just another form of money, nothing else. You don't have to have deep technical knowledge in order to use bitcoin and earn Bitcoin. Bitcoin is pretty easy to use and earn and, at the same time, it is pretty hard to fully comprehend. No one in the world can claim he completely grasped what bitcoin is. You should't worry about your lack of knowledge regarding interdisciplinarity of bitcoin. Just find something that is interesting for you, personally and start your research.

You say it correctly, but there are ways to earn bitcoins that differ from the usual work very much. For example, such a phenomenon as mining will not be familiar to a novice if he has never met it before not in the field of cryptocurrency. Mining is a very good way to earn a few coins, but again it is expensive and you need to understand all the risks


Title: Re: Is bitcoin difficult to understand
Post by: jpnl0005 on September 15, 2020, 01:17:39 PM
It really not that difficult to learn Bitcoin I think if you have the right materials asking the right questions and learning from the right people it makes it quiet easy to understand Bitcoin ... But with the high rise of scam and scammers it makes it difficult to understand and accept Bitcoin


Title: Re: Is bitcoin difficult to understand
Post by: arwin100 on September 15, 2020, 01:34:17 PM
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?"
If you are not getting right answers means you are not asking right questions. "How do I earn bitcoin?" is an example of wrong question constantly coming from newbies. If you want to know how to earn, try googling "How do I earn dollars?". I bet you will not find something new. Just get a job, after all. The best answer. Bitcoin is just another form of money, nothing else. You don't have to have deep technical knowledge in order to use bitcoin and earn Bitcoin. Bitcoin is pretty easy to use and earn and, at the same time, it is pretty hard to fully comprehend. No one in the world can claim he completely grasped what bitcoin is. You should't worry about your lack of knowledge regarding interdisciplinarity of bitcoin. Just find something that is interesting for you, personally and start your research.

You say it correctly, but there are ways to earn bitcoins that differ from the usual work very much. For example, such a phenomenon as mining will not be familiar to a novice if he has never met it before not in the field of cryptocurrency. Mining is a very good way to earn a few coins, but again it is expensive and you need to understand all the risks

Some people are just interested to earn and hate to study about bitcoin deeply, and most of this guys fail and never comeback since they are victimized by scam schemes around. So if people will just interested to know everything about it for sure many will surpass the technicalities especially with those people who struggle on their start ups.


Title: Re: Is bitcoin difficult to understand
Post by: jubalix on September 15, 2020, 02:03:56 PM
Bitcoin is hard to understand, this has pro's and cons.

BTC attracts a select user base that will really drive innovation pro.

Con, mass adoption will take longer ... until the killer app arrives.


Title: Re: Is bitcoin difficult to understand
Post by: Viscore on September 15, 2020, 02:21:36 PM
Not all have that passion and open-minded individual. They often feel doubts and badly influence what they have heard around us, fakes news, scamming/hacking issues. All of these things are already been driving them to hate crypto and keeping them away. That makes them not understand Bitcoin and even have it try because their mind has been blocked already with negative thought.


Title: Re: Is bitcoin difficult to understand
Post by: Swordsoffreedom on September 15, 2020, 03:19:14 PM
As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?"
If you are not getting right answers means you are not asking right questions. "How do I earn bitcoin?" is an example of wrong question constantly coming from newbies. If you want to know how to earn, try googling "How do I earn dollars?". I bet you will not find something new. Just get a job, after all. The best answer. Bitcoin is just another form of money, nothing else. You don't have to have deep technical knowledge in order to use bitcoin and earn Bitcoin. Bitcoin is pretty easy to use and earn and, at the same time, it is pretty hard to fully comprehend. No one in the world can claim he completely grasped what bitcoin is. You should't worry about your lack of knowledge regarding interdisciplinarity of bitcoin. Just find something that is interesting for you, personally and start your research.
You say it correctly, but there are ways to earn bitcoins that differ from the usual work very much. For example, such a phenomenon as mining will not be familiar to a novice if he has never met it before not in the field of cryptocurrency. Mining is a very good way to earn a few coins, but again it is expensive and you need to understand all the risks
Some people are just interested to earn and hate to study about bitcoin deeply, and most of this guys fail and never comeback since they are victimized by scam schemes around. So if people will just interested to know everything about it for sure many will surpass the technicalities especially with those people who struggle on their start ups.

If anyone interested to invest in Bitcoin. Firstly, he needs to gain accurate knowledge about Bitcoin.  He needs to know what Bitcoin is. And must have his enough idea about bitcoin scam.. If he has not enough idea about bitcoin scam, then i don't think he can make a profit if he invests in BTC. Because scammers are very talented. Many professional bitcoin users fall into the trap of scammers. So if anyone want to invest in bitcoin then he should learning properly about BTC. .


Title: Re: Is bitcoin difficult to understand
Post by: LimLims on September 15, 2020, 03:39:38 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

That's a great idea to make them educate about Bitcoin, but why giving it more pain by printing it in a text book.
There are 100 of articles already present in the internet and if you concentrately read it for few hours then you can easily understand how the Bitcoin, Blockchain and cryptos work.
Moreover if you can't do that also, then just visit the Meta section and Beginners section here in the forum. This will be more than enough to make a Bitcoin graduate.
Hope this somehow helps you OP.


Title: Re: Is bitcoin difficult to understand
Post by: Expecto on September 15, 2020, 03:51:51 PM
I don't think that Bitcoin is difficult to understand when you eager to know about it. There are various sources about Bitcoin on the internet. People can just do a search and reach tons of information. Especially old people are not so curious about Bitcoin but young people are completely the opposite.


Title: Re: Is bitcoin difficult to understand
Post by: pinggoki on September 15, 2020, 03:57:25 PM
Bitcoin and the whole industry wasn't difficult to understand at all as long as you are not aiming for in-depth understanding with these token. As long as you were only just on understanding the fundamentals this wouldn't be hard and I think having these are enough for you to survive in this industry. Upon your spending time in this market you will fully understand it eventually. And one more thing having interest on this technology will make it easier to learn.


Title: Re: Is bitcoin difficult to understand
Post by: BlackFor3st on September 15, 2020, 06:10:33 PM
Education for bitcoin or cryptocurrency will really takes time before it can reach to the government but text book will likely to help so the newbies can easily read what they want
to know about bitcoin or cryptocurrencies before they will start their journey to it.

There are many articles that talks about bitcoin or discuss on how to use it but because there are many sources, most of the newbies can't easily get what they want unlike there is a  text book where all the necessary information that newbie needs to know about bitcoin so newbies can just use that textbook.


Title: Re: Is bitcoin difficult to understand
Post by: kayvie on September 15, 2020, 09:15:49 PM
Bitcoin and the whole industry wasn't difficult to understand at all as long as you are not aiming for in-depth understanding with these token. As long as you were only just on understanding the fundamentals this wouldn't be hard and I think having these are enough for you to survive in this industry. Upon your spending time in this market you will fully understand it eventually. And one more thing having interest on this technology will make it easier to learn.
Exactly, it's not even difficult to understand as long as you understand what you are doing. Also, there are a lot of ways to know about it, there are the internet and other sources such as social media or someone you know who are into cryptocurrency. It is just that people who find it hard or difficult to understand doesn't seem to try their best to understand it.


Title: Re: Is bitcoin difficult to understand
Post by: Meysa_richa on September 15, 2020, 10:01:14 PM
Bitcoin will be difficult to understand for those who don't want to learn, read and ask questions about this Bitcoin. 
But for those who are actively studying it, I believe Bitcoin is an easy thing to understand because there is actually a lot of information about Bitcoin. We can learn about Bitcoin on the official Bitcoin website, on other sources of information as well as social media YouTube and others. And on this Bitcointalk forum we can also learn a lot about Bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: JuSayCo on September 16, 2020, 12:44:33 AM
Yes it is. It needs a lot of deep understanding and focus to learn everything here in Crypto world. I think there are lots of article and platform that teaches Bitcoin and Blockchain industry in an easy way. Constant research is a big help here, and having a TEXTBOOK is also a nice idea, so it would be more easier to teach it to students in School and they will be aware and learned about crypto currencies earlier.


Title: Re: Is bitcoin difficult to understand
Post by: Janation on September 16, 2020, 01:02:03 AM
At first, I thought it is hard but as time goes, it is not actually.

If you are really willing to learn what it is, it is not that hard, to be honest. With a lot of people supporting it online, you can find a lot and a wide variety of information on the internet. Either way, if you just wanted to use it it is not that hard but if you wanted to know a lot of things about Bitcoin and other cryptocurrencies as well, you need to read.


Title: Re: Is bitcoin difficult to understand
Post by: lienfaye on September 16, 2020, 01:19:32 AM
At first, I thought it is hard but as time goes, it is not actually.

If you are really willing to learn what it is, it is not that hard, to be honest. With a lot of people supporting it online, you can find a lot and a wide variety of information on the internet. Either way, if you just wanted to use it it is not that hard but if you wanted to know a lot of things about Bitcoin and other cryptocurrencies as well, you need to read.
Bitcoin is hard to understand at first and its quite normal. But as time time goes by, if you decided to know every details of how it works, you'll learn further the importance of using it. Nowadays there are many resources to learn and not only by books. If a person is interested then it wont be hard to gather information about bitcoin because its not too complicated.


Title: Re: Is bitcoin difficult to understand
Post by: Pamadar on September 16, 2020, 03:06:05 AM
Cryptocurrency is actually not that difficult, just learn the basics and jump right into the world of crypto. because in my opinion experience is the best teacher.

Take your chance by experiencing the actual system.

You'll be able to find your path when you already experienced everything. There's always ways to understand things inside this industry,
all you have to do is to take your entry and handle the risk, take everything slowly and not to rushed up.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 16, 2020, 03:50:33 AM
At first, I thought it is hard but as time goes, it is not actually.

If you are really willing to learn what it is, it is not that hard, to be honest. With a lot of people supporting it online, you can find a lot and a wide variety of information on the internet. Either way, if you just wanted to use it it is not that hard but if you wanted to know a lot of things about Bitcoin and other cryptocurrencies as well, you need to read.

For we to understand cryptoccurrency it really needs engagement, time and determination.
I'm not saying that online learning is bad to understand the concepts of bitcoin but how can old adults understand after readings online instead of using text books.I personally refute the fact that old adults can't comprehend btc via old based on their health status.


Title: Re: Is bitcoin difficult to understand
Post by: Rebek on September 16, 2020, 10:47:03 AM
Bitcoin can easily be understood by the ordinary person on the street when the right person is doing the education. The concept of cryptocurrencies is just like  any other concept in the world especially the science or economic related ones. I have seen a couple of books and articles that gives simple explanation on how bitcoin operates.


Title: Re: Is bitcoin difficult to understand
Post by: int03h on September 16, 2020, 01:29:09 PM
Bitcoin is confusing for beginners. It was difficult when I first started learning about bitcoin because I was a student. I have neither economic nor technological knowledge. It took weeks to understand the value of bitcoin. Nowadays, Bitcoin and electronic money are the driving force for me to learn and invest passionately.
Those who want to learn will find the value of Bitcoin like me, of course, will take time and a little headache.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 17, 2020, 04:26:13 AM
Bitcoin is confusing for beginners. It was difficult when I first started learning about bitcoin because I was a student.

Bitcoin is like school were people study a particular course, and it's obvious that no one know it all because no one is island of knowledge.
Even those who started cryptoccurrency especially bitcoin from the beginning don't know bitcoin all.
I refute the fact that bitcoin is confusing for beginners, while we everyone studies bitcoin every time base on changes that occurs in cryptoccurrency.
It's hard if we don't concentrate to learn also to make a proper research.


Title: Re: Is bitcoin difficult to understand
Post by: Ronaldcoin2017 on September 17, 2020, 11:02:42 AM
Bitcoin is realy difficult to understand to those who didnt know it specially to those who are newbie. But it is not a race we an still understand it if we fucos on it and study about it in a slow way. At first it is difficult but im sure that the time will come that it will become easy just continue to study about it and do more research for good.


Title: Re: Is bitcoin difficult to understand
Post by: 3meek on September 17, 2020, 11:15:03 AM
Indeed - in order to send or receive Bitcoin you do not need any knowledge about it! Now anyone can download a wallet to your smartphone and start using bitcoin without bothering about its device... This is akin to the fact that to talk on the phone you do not need to know how the device works!
Such questions worry techs, not humanitarians! ;D


Title: Re: Is bitcoin difficult to understand
Post by: Kez1817 on September 17, 2020, 12:29:01 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

There are already reading materials regarding bitcoin and cryptocurrency. Also a lot of news and articles you can find online. If someone are willing to learn and understand the concept of bitcoin i think he will find a way to learn it. There's a lot of ways to understand bitcoin and cryptocurrency, all is depends on the learner.


Title: Re: Is bitcoin difficult to understand
Post by: Silberman on September 17, 2020, 07:36:29 PM
If you are not getting right answers means you are not asking right questions. "How do I earn bitcoin?" is an example of wrong question constantly coming from newbies. If you want to know how to earn, try googling "How do I earn dollars?". I bet you will not find something new. Just get a job, after all. The best answer. Bitcoin is just another form of money, nothing else. You don't have to have deep technical knowledge in order to use bitcoin and earn Bitcoin. Bitcoin is pretty easy to use and earn and, at the same time, it is pretty hard to fully comprehend. No one in the world can claim he completely grasped what bitcoin is. You should't worry about your lack of knowledge regarding interdisciplinarity of bitcoin. Just find something that is interesting for you, personally and start your research.
The best part about bitcoin is that despite its complexity you do not really need to know about all of that to use it effectively, just take a look at smartphones, do people really understand how their smartphones work? Could they fix it if there is something wrong with it? The answer is no to both of those questions and yet people use this technology all the time and it has changed the world in the process, the same is true about bitcoin, as long as people know how to install a wallet on their phone and secure their coins properly that is all what they need to know to begin to use bitcoin effectively.


Title: Re: Is bitcoin difficult to understand
Post by: wildflower18 on September 17, 2020, 10:44:24 PM
It is not a matter of easy or difficult it is matter to understanding it with cool mind and learning spirit. you have to updated. read new articles and search things by your self. internet can give you answer of anything. you should use internet to learn more and easily about bitcoin.
This could help by watching videos, reading articles and a lot of ways to learn about bicoin. Even newbies it is difficult for them to understand how bitcoin works. Once a person is interested they will find ways to learn about crypto.


Title: Re: Is bitcoin difficult to understand
Post by: Zemomtum on September 17, 2020, 11:46:56 PM
There are a lot of textbooks that has made Bitcoin and blockchain revolution easier to understand and learn. Google is always a best friend for those who are interested in the field with numerous articles and videos that are free of charge. Searching with quotes will make a specific result be targeted like "Bitcoin for dummy", "Bitcoin for beginners", "Bitcoin tutorial" etc


Title: Re: Is bitcoin difficult to understand
Post by: Mahanton on September 17, 2020, 11:59:04 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
TEXTBOOK?

Everything can be read online or even those people who do know about bitcoin would just say the basics about bitcoin, as mentioned on Btc whitepaper

"  purely   peer-to-peer   version   of   electronic   cash   would   allow   onlinepayments   to   be   sent   directly   from   one   party   to   another   without   going   through   afinancial institution"

with this single sentence would already be enough for someone to understand.


Title: Re: Is bitcoin difficult to understand
Post by: ephan on September 17, 2020, 11:59:37 PM
https://shrinke.me/bitc
you shoud try to watc this video


Title: Re: Is bitcoin difficult to understand
Post by: Mr.sprin on September 18, 2020, 01:57:22 AM
there are many ways to dig bitcoin information on the internet many share bitcoin articles. do not be lazy to read in the book asking the experienced is a valuable lesson.


Title: Re: Is bitcoin difficult to understand
Post by: Kong Hey Pakboy on September 18, 2020, 08:24:57 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
I don't think some textbooks will help you to understand bitcoin, cryptocurrencies, and blockchain technology because you can understand some context about bitcoin by watching YouTube videos and reading some articles and comments on this forum. Many bitcoin experts can simply explain everything about bitcoin and blockchain technology, and some are okay to dm them in their social media accounts or Telegram. When I was a newcomer here in the crypto world, I also have difficulty understanding bitcoin and blockchain because they are broad. Still, as I said, I just tried to read some articles and comments in this forum to have some idea about the crypto world.


Title: Re: Is bitcoin difficult to understand
Post by: witcher_sense on September 18, 2020, 08:57:24 AM
The best part about bitcoin is that despite its complexity you do not really need to know about all of that to use it effectively, just take a look at smartphones, do people really understand how their smartphones work? Could they fix it if there is something wrong with it? The answer is no to both of those questions and yet people use this technology all the time and it has changed the world in the process, the same is true about bitcoin, as long as people know how to install a wallet on their phone and secure their coins properly that is all what they need to know to begin to use bitcoin effectively.
It is a common narrative and at the same time kind of misconseption. I partly agree with the statements that most people don't need to know all the complexity of bitcoin. They simply can never understand that bitcoin is more than a digital currency, it is rather a new paradigm, it is a combination of many disciplines: monetary history, game theory, cryptography, economics, to name a few. The main problem when it comes to bitcoin is that it cannot be compared to other technologies. Bitcoin is not just new asset to invest your money in. It is essentially evolution of monetary system, and that system is purely for people and being maintained by people. It is not for banks and governments, but for ordinary people who value their rights to free speech, self-sovereignty, private property, etc. Bitcoin is for people like you and me. In my opinion we must keep learning more about bitcoin, because it was created to address our problems. We must respect it and do everything in order for bitcoin to exist.


Title: Re: Is bitcoin difficult to understand
Post by: XCANA on September 18, 2020, 10:32:32 AM
Many people are also difficult at first and starting to try to learn the basics and learning from experienced people will make it easier for you to understand bitcoin,
read a lot about crypto and follow the developments so you can get the latest information.
Agreed, many individuals has different manners of assimilation when it come to learning, many won't understand terms and terminology at first insight but giving time they will definitely do. There importance of learning is determination on the side of the learners. Bitcoin is not too difficult to understand if ask because there are thousands of materials online that can help in this regard. 


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 18, 2020, 05:37:11 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

I think it is normal for people who especially are old to have difficulty in understanding Bitcoin or the cryptocurrency system. Because it is completely different from fiat money that everyone is accustomed to. But it is not impossible for them to learn about cryptos. They can find too many sources on the internet and have knowledge of cryptocurrencies and their technologies.

But we all known that if old adults fine it difficult to understand crptocurrency or bitcoin online it's equivalent to young adult to comprehend,because looking at old adults majority of them are bookish people and them comprehend passages of text more easily than some of the young adults,

I have gave several reasons while old adults have to use text books to study cryptoccurrency,especially bitcoin,because using online to study cryptoccurrency it will really affect their eyes due to the Ray's of light in phones and laptops,so therefore for old adults who are bookish to study and comprehend cryptocurrency  or bitcoin more better than young adults them really needs a text book.


Title: Re: Is bitcoin difficult to understand
Post by: GDragon on September 18, 2020, 07:50:52 PM
I don't really think bitcoin is hard to understand, but I think how it works, the blockchain technology around it, the mining, and sort of technicality is the hardest to understand. But understanding bitcoin is so easy, you just have to know how you can use it, and to understand that it's a currency. I agree with you about having textbooks for bitcoin, and I think there are already, thousands are here in the internet too, you just have to search and take a lot of time reading about it. Forum just like this is of course helpful, that's the point we are here right.

I think aside from having textbook, it is better to learn about bitcoin in videos, its better to understand in that way. Documentaries about bitcoin create simple introduction to bitcoin. There are a lot in youtube too. I don't know but I think videos are a lot more helpful cause it helps you visualize technicalities, instead of struggling to read and be drown inside a thick textbook.


Title: Re: Is bitcoin difficult to understand
Post by: nrgmanuk on September 18, 2020, 08:08:43 PM
I don't really think bitcoin is hard to understand, but I think how it works, the blockchain technology around it, the mining, and sort of technicality is the hardest to understand. But understanding bitcoin is so easy, you just have to know how you can use it, and to understand that it's a currency. I agree with you about having textbooks for bitcoin, and I think there are already, thousands are here in the internet too, you just have to search and take a lot of time reading about it. Forum just like this is of course helpful, that's the point we are here right.

I think aside from having textbook, it is better to learn about bitcoin in videos, its better to understand in that way. Documentaries about bitcoin create simple introduction to bitcoin. There are a lot in youtube too. I don't know but I think videos are a lot more helpful cause it helps you visualize technicalities, instead of struggling to read and be drown inside a thick textbook.
Those for whom it is difficult to understand Bitcoin, didn't read enough literature, didnt' try to really delve into the topic and figure it out, and simply didn't deal with it. There are actually a lot of books about this, it is also interesting and important to know the history. In many countries, advertising for bitcoin is prohibited, and people cannot pay with BTK, and while bitcoin owners have no freedom, many people will have no idea about bitcoin at all and the word cryptocurrency will say little for them. But question: is it a real problem for now?


Title: Re: Is bitcoin difficult to understand
Post by: BIN-BIN on September 18, 2020, 09:09:16 PM
There have been so many books written to explain the foundamentals of bitching and it functions and other digital currency which are in it classes as other cryptocurrency. People have also written so many online journals and article about cryptocurrency and what it entail.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 18, 2020, 09:41:53 PM
There have been so many books written to explain the foundamentals of bitching and it functions and other digital currency which are in it classes as other cryptocurrency. People have also written so many online journals and article about cryptocurrency and what it entail.

That is what we use to hear that there is many articles of cryptoccurrency, which is real but we are emphasising on approved text book of bitcoin which someone can purchase and read in order to understand the basic concept of bitcoin, OK, if there is existing bitcoin manuel texts book except Google and YouTube's video were can people purchase it, and who is the author,tittle, of the book to showcase
That bitcoin text book is in existence.


Title: Re: Is bitcoin difficult to understand
Post by: Litzki1990 on September 18, 2020, 10:16:58 PM
Bitcoins it was hard to understand if the people are not willing it to learn on how to earn in bitcoin. Mostly people want to learn about bitcoin are those people working from home or people being want to part time cryptocurrency as from daily income. And Ill think it have some textbook we can find about bitcoin but need more time to find It and even me I did not seen it in library, but easily to find in internet if we search textbook file about cryptocurrency.


Title: Re: Is bitcoin difficult to understand
Post by: terizla on September 19, 2020, 10:03:22 AM
Well, i think this is difficult is yes. I learn bitcoin/cryptocurrency is from searching and watch in youtube.
To understand bitcoin, it took me quite long time. Because no one in my place know about crypto.


Title: Re: Is bitcoin difficult to understand
Post by: rodskee on September 19, 2020, 10:32:44 AM
Well, i think this is difficult is yes. I learn bitcoin/cryptocurrency is from searching and watch in youtube.
To understand bitcoin, it took me quite long time. Because no one in my place know about crypto.

So at least you have introduced this to your friends and family now?since you are the first to learn bitcoin in your place?
to at least contribute to the spreading of crypto in each community?

Good that you come to know by yourself because mine?it was introduced and i have a mentor so i easily learn and now i am into it.


Title: Re: Is bitcoin difficult to understand
Post by: k@suy on September 19, 2020, 01:39:27 PM
Well, i think this is difficult is yes. I learn bitcoin/cryptocurrency is from searching and watch in youtube.
To understand bitcoin, it took me quite long time. Because no one in my place know about crypto.

So at least you have introduced this to your friends and family now?since you are the first to learn bitcoin in your place?
to at least contribute to the spreading of crypto in each community?

Good that you come to know by yourself because mine?it was introduced and i have a mentor so i easily learn and now i am into it.
We are from the same situation mate. My friend introduced bitcoin to me. She explained to me how it works and how can I earn money here. When she showed to me the things she earned and bought from here that is the time that I got the courage to join here and now I am also earning because of her.


Title: Re: Is bitcoin difficult to understand
Post by: Alert31 on September 19, 2020, 02:54:19 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

There is no difficult if the person is willing to learn and understand all about bitcoin and other cryptocurrency. It's not difficult to understand bitcoin if you really want it. It's just difficult for other people to understand the concept of bitcoin because at first they judge bitcoin already as scam. And maybe they are really not interested to know something about it. I was teach friends and they also easily understood and learned about it because they are interested to learn about bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: panganib999 on September 19, 2020, 08:53:03 PM
I think the reason why people are finding Bitcoin to be difficult to understamd is because people are thinking about the technicalities associated on Bitcoin and they seems to find it hard and make them not interested at all. Also, the reason might be they are thinking to do engagement even without prior knowledge for the sake of money which is a lot too risky to be done because doing such will put your money on risk even if we are talking about Bitcoin. I think it would just better to let people know the narrow part and information of learning Bitcoin so that they can simply understand it because you cannot push through hard core information of technicalities into people who are interested but are just new into Bitcoin. They would still know about the difficulties once they have gone through exploring through their journey and discover it themselves along their way of engagement.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 20, 2020, 06:12:04 AM
I think the reason why people are finding Bitcoin to be difficult to understamd is because people are thinking about the technicalities associated on Bitcoin and they seems to find it hard and make them not interested at all.

You are right because some people are interested in technical aspect of bitcoin instead of the surface knowledge of cryptocurrency, so that is the reason they find it difficult to understand bitcoin better, normal bitcoin is broad and is very difficult to understand but if attention is given to learn it,is simple to understand.


Title: Re: Is bitcoin difficult to understand
Post by: samputin on September 20, 2020, 08:13:49 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
Personally, it's not that difficult and it's not that easy. It depends on what you would like to learn. If it's more on the general knowledge, it's not that hard to understand. But when it comes to the technicalities of bitcoin, that's the part I find difficult. But I firmly believe that anything can be learned. I think it's just hard to grasp in the beginning but when you are really dedicated to know what it's all about, then you'll find it simple to comprehend.


Title: Re: Is bitcoin difficult to understand
Post by: MickLichz on September 20, 2020, 09:06:37 AM
Well in this generation many people have a hard time understanding the technology especially for elders and of course understanding about the concept of bitcoin will be very difficult also, in fact in my country bitcoin or crypto currency is not that famous or known by many. but I believe that because of the advanced technology and the power of internet some curious or those who want to know about the world of bitcoin or crypto will be easily learned, just a one click and they can easily explore and learn bitcoin but of course they also need the assistance or guide of those experts if they want to learn more and enter in this community.


Title: Re: Is bitcoin difficult to understand
Post by: Bitcoinenthusiasts23 on September 20, 2020, 09:29:18 AM
Yeah, there's gotta be a paper, boomers love the paper.


Title: Re: Is bitcoin difficult to understand
Post by: jpnl0005 on September 20, 2020, 12:26:19 PM
 Bitcoin is not that difficult but Sometimes people just want to get to the end without starting from the beginning by this most people are just profit driven so they come into the system with that mindset... Having Interest is good but also having patience to learn and to comprehend is essential


Title: Re: Is bitcoin difficult to understand
Post by: gamer4156 on September 20, 2020, 12:39:26 PM
Understanding the cryptocurrency market is not a very easy task. You have to acquire a lot of knowledge to have a very good idea about this. You always have an idea about the online market and you can easily catch the ups and downs of the cryptocurrency market. For this you have to spend a lot of time online. If you want to get something, you have to give something. This is normal.


Title: Re: Is bitcoin difficult to understand
Post by: hajirkhalid2 on September 20, 2020, 02:44:36 PM
Bitcoin is a decentralized virtual currency, but people don't know about this virtual currency but we have knowledge to understand this currency and share the cryptocurrency awareness program. because less peoples know about bitcoin all around the people participated in the cryptocurrency platform. It is very easy to understand the Bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: Blackrain13 on September 20, 2020, 04:48:17 PM
No! It's just easy to understand bitcoin if you are willing to learn it. There's already a lot of books about bitcoin, news and videos that tells and teach about bitcoin. Learning something is depends to a learner.


Title: Re: Is bitcoin difficult to understand
Post by: bL4nkcode on September 20, 2020, 05:07:07 PM
I could say, a yes. For newbies and completely no idea of cryptocurrency.

They might understand the whole receiving and sending idea, but for those wallet thingy, private keys, seed, import/export,  and etc. that related to technical part, I guess you need to take a set to tell one person those things. And it take time to understand really.

A normal internet user would be interested to learn from a video with good explanation, graphics and not boring sound effects than reading a bunch of texts on articles or from a book.


Title: Re: Is bitcoin difficult to understand
Post by: AjithBtc on September 20, 2020, 06:14:59 PM
For users who have got some technical knowledge can easily understand the working of bitcoin. These days we've got lot many sources through which one can self learn about bitcoin in a better way. At the very beginning one should learn about making transactions as well as the way to earn through trading and other ways. When one is able to do it, automatically he'll get to know the working.


Title: Re: Is bitcoin difficult to understand
Post by: suvo05 on September 20, 2020, 06:47:08 PM
In which way you want to understand it? Do you want to know it techniqually? Or know about the usability?
For almost every technology the inside techiniqual knowledge is hard to understand. Just for example when we are watching the TV we are not concern about how we can see the pictures in the screen. The processes is too complex and one needs learn too much to understand the whole processes. It's also not gurrented that everyone will understand the whole process. If you start studing both the bitcoin and TV then you may find bitcoin is easier!!
So coming back to the usability part which is more important, I don't think anyone finds difficulty in that part.


Title: Re: Is bitcoin difficult to understand
Post by: cheezcarls on September 20, 2020, 06:57:40 PM
Some of my friends who are new to Bitcoin are finding it hard to understand about this. What I did advice to them is to go over on Youtube and search "Bitcoin for Beginners" or "Bitcoin for Beginners + native language". Since I don't have all the time to be their mentor, I usually tell them that Google, Youtube and Wikipedia are their best friends. I've also introduced them to this forum, where they can simply go over the topics and ask some specific questions.

The first time I understand about Bitcoin when I was a newbie? I think it was just like investing in stocks, but no central authority. I don't let them jump into the technical details of Bitcoin, but rather basic understanding (unless they were a developer or kinda interested in the development side).


Title: Re: Is bitcoin difficult to understand
Post by: White32 on September 20, 2020, 11:54:59 PM
Some people hard to understand what bitcoin is.  Its because maybe they aren't yet willing to learn from it,  and maybe they don't have enough idea about bitcoin.  But if you do more effort about it you can make searching on youtube and read more about crypto currency you may understand it very well.
For the beginner ask for the person who you think that will help you to start over it. They will give you a bright idea on how to start with it.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 21, 2020, 01:11:15 PM
No! It's just easy to understand bitcoin if you are willing to learn it. There's already a lot of books about bitcoin, news and videos that tells and teach about bitcoin. Learning something is depends to a learner.
                   

See bitcoin is not all about who is willing to learn is about ability to understand the concept of cryptoccurrency especially bitcoin because you might be willing but the determination and engagement is not there, the book of bitcoin is only on online and it is not really out and  popular for people to use it manually,currently people learn bitcoin online and is for those who are desperate to acquire the knowledge especially young adults while the old adults have not acclimatized their self into modern facilities which are laptops and phones to study bitcoin perfectly because of reflections or refraction of light via modern facilities   


Title: Re: Is bitcoin difficult to understand
Post by: carlisle1 on September 21, 2020, 01:15:21 PM
Some people hard to understand what bitcoin is.  Its because maybe they aren't yet willing to learn from it,  and maybe they don't have enough idea about bitcoin.  But if you do more effort about it you can make searching on youtube and read more about crypto currency you may understand it very well.
For the beginner ask for the person who you think that will help you to start over it. They will give you a bright idea on how to start with it.
why need to look for specific person when there is a chance that no one is available on your place?
better ask here in forum everything that needs answer because there are so many people here that knowledgeable about your question and may
give you good and enough answers.

and many does not have like us in which there is a mentor,some of us here learn from their end only,finding answer in internet and other areas where answer is available but i am telling you now,it is Bitcointalk that will answer all your queries.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 21, 2020, 01:58:51 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

It will be difficult to understand if the person who is trying to learn has no any backgrounds related it. Commonly those who are already old are the one who has probably the highest chance of not understanding cryptocurrency technology.

But I highly believe they can understand bitcoin if they will give more time learning about it.


Those old adults can even comprehend it more better than younger once if texts book of cryptocurrency especially bitcoin is provided to them because so many of them are bookish and also have high level of intelligence to understand book easily.


Title: Re: Is bitcoin difficult to understand
Post by: mezzaluna on September 21, 2020, 02:16:57 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

It would be really hard to understand something that they think is just something that can instantly create money for them. First they need to understand that earning by Bitcoin is a process and everything can take time. Learning about Bitcoin can be done by engaging with other people who have knowledge with it. You can throw in illustrations in which can Bitcoin represent and in that way, they can understand it. You can also let them experience the whole thing by giving them access to forums like these or even Reddit.


Title: Re: Is bitcoin difficult to understand
Post by: EMV on September 21, 2020, 03:01:59 PM
There is enough information on the Internet about what bitcoin is. I think it is necessary to study blockchain technology, as it will gradually be introduced into our daily life.


Title: Re: Is bitcoin difficult to understand
Post by: isaac_clarke22 on September 21, 2020, 04:36:56 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
Finding textbooks would be quite difficult for some people. Learning Bitcoin is really a large topic to be discussed of. We got the market side and the technological side. In market side, we got the behavior of its price, the decentralized aspect, etc. In technical side, we got mining, anything about the wallet such as the address generation, softwares, and many many more. That would be insane if done in textbook that you might end up filling a shelf full of Bitcoin-only textbooks.
We got an internet already as a resource. Better save that money for dropping it into Bitcoin instead of buying all these books although buying few is still okay.
It's like learning programming and buying all books for each languages while you can learn it online and someone can explain it easily for ya.


Title: Re: Is bitcoin difficult to understand
Post by: Nhor1011 on September 21, 2020, 04:56:42 PM
Some of my friends who are new to Bitcoin are finding it hard to understand about this. What I did advice to them is to go over on Youtube and search "Bitcoin for Beginners" or "Bitcoin for Beginners + native language". Since I don't have all the time to be their mentor, I usually tell them that Google, Youtube and Wikipedia are their best friends. I've also introduced them to this forum, where they can simply go over the topics and ask some specific questions.

The first time I understand about Bitcoin when I was a newbie? I think it was just like investing in stocks, but no central authority. I don't let them jump into the technical details of Bitcoin, but rather basic understanding (unless they were a developer or kinda interested in the development side).

I got an idea from you because I was teaching someone who was also having a hard time understanding bitcoin right away. I really enjoy teaching them because I also want them to learn what I learned in cryptocurrency particular in bitcoin. Anyway I just learned about bitcoin first only here in forum and it really helps me step by step to understand it by my own research, reading and learning. So, I think it's just easy to understand bitcoin even just the basic. Also if someone has an eagerness to learn about something then I'm sure he/she will learn it.


Title: Re: Is bitcoin difficult to understand
Post by: bitbunnny on September 21, 2020, 05:15:43 PM
From the pure technical point of view it might be hard for some people to understand Bitcoin, especially if they don't have previous knowledge about digital technologies. On the other hand it's not so hard to learn the basics and understand how it's functioning in practice. There are some simple ways to explain to majority of people everything they need to know about Bitcoin, even to the people who are not so technical.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 22, 2020, 02:59:40 PM
There is enough information on the Internet about what bitcoin is. I think it is necessary to study blockchain technology, as it will gradually be introduced into our daily life.

Yeah everyone is entitle to his opinions, we have to considered two factors as I mentioned previously that studying bitcoin online is good for the young adults and it will speed up to understand bitcoin more better by using YouTube's videos to learn cryptocuurrency especially bitcoin precisely, while old adults who are willing or desperate to comprehend the basic concept of bitcoin can't understand bitcoin through online because their not acclimatized with use of Internet.
We all known that it's obvious that bitcoin is easy and easier to study perfectly with the help of Internet but as old adults are involved manual text book is preferable from my perspective because the light on laptops will in dangers the vision of old adults.
I use this medium to recapitulates that educating old adults about bitcoin is preferable with use of textbooks while for young adults both online and manual textbooks are preferable for those that is interested to learn.


Title: Re: Is bitcoin difficult to understand
Post by: Swordsoffreedom on September 22, 2020, 04:35:28 PM
From the pure technical point of view it might be hard for some people to understand Bitcoin, especially if they don't have previous knowledge about digital technologies. On the other hand it's not so hard to learn the basics and understand how it's functioning in practice. There are some simple ways to explain to majority of people everything they need to know about Bitcoin, even to the people who are not so technical.

I personally know a lot of people who do not have enough knowledge about BTC. But they are still investing on BTC market. I believe that before investing money in somethings, you must know about it well. And I agree with you that, learning about the basic of BTC is not that much hard. I think anyone can get a better idea of the basics of BTC if he read some articles about BTC and take a closer look at the rise and fall of BTC prices.


Title: Re: Is bitcoin difficult to understand
Post by: Silberman on September 22, 2020, 05:00:04 PM
The best part about bitcoin is that despite its complexity you do not really need to know about all of that to use it effectively, just take a look at smartphones, do people really understand how their smartphones work? Could they fix it if there is something wrong with it? The answer is no to both of those questions and yet people use this technology all the time and it has changed the world in the process, the same is true about bitcoin, as long as people know how to install a wallet on their phone and secure their coins properly that is all what they need to know to begin to use bitcoin effectively.
It is a common narrative and at the same time kind of misconseption. I partly agree with the statements that most people don't need to know all the complexity of bitcoin. They simply can never understand that bitcoin is more than a digital currency, it is rather a new paradigm, it is a combination of many disciplines: monetary history, game theory, cryptography, economics, to name a few. The main problem when it comes to bitcoin is that it cannot be compared to other technologies. Bitcoin is not just new asset to invest your money in. It is essentially evolution of monetary system, and that system is purely for people and being maintained by people. It is not for banks and governments, but for ordinary people who value their rights to free speech, self-sovereignty, private property, etc. Bitcoin is for people like you and me. In my opinion we must keep learning more about bitcoin, because it was created to address our problems. We must respect it and do everything in order for bitcoin to exist.
I agree that we need to keep learning about bitcoin as much as we can but for the most part the average user of the future does not really need to worry too much about it as long as they have the very basics ingrained on their mind, another important concept for people to know is that they understand that there is no bank that has their back, if they lose their coins for the most part they are on their own which is why it is critical to learn to secure your coins properly.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 22, 2020, 05:35:16 PM
From the pure technical point of view it might be hard for some people to understand Bitcoin, especially if they don't have previous knowledge about digital technologies. On the other hand it's not so hard to learn the basics and understand how it's functioning in practice. There are some simple ways to explain to majority of people everything they need to know about Bitcoin, even to the people who are not so technical.

I personally know a lot of people who do not have enough knowledge about BTC. But they are still investing on BTC market. I believe that before investing money in somethings, you must know about it well. And I agree with you that, learning about the basic of BTC is not that much hard. I think anyone can get a better idea of the basics of BTC if he read some articles about BTC and take a closer look at the rise and fall of BTC prices.

Yeah its true that many people invest in BTC while them don't have the basic knowledge of bitcoin, "Yes it happened " see those who invest in btc without knowing the concepts are determined to know it more better, in respective the lost that might occur, from the lost or profit which might occur during the investment will trigger them to know the rudiments of bitcoin and also know the methodology's to invest in bitcoin without double minded.


Title: Re: Is bitcoin difficult to understand
Post by: witcher_sense on September 22, 2020, 07:29:24 PM
I agree that we need to keep learning about bitcoin as much as we can but for the most part the average user of the future does not really need to worry too much about it as long as they have the very basics ingrained on their mind, another important concept for people to know is that they understand that there is no bank that has their back, if they lose their coins for the most part they are on their own which is why it is critical to learn to secure your coins properly.
The question how to keep bitcoin private keys safe is very important and, at the same time, highly challenging concept for average people to comprehend. Even those people who consider themselves security experts sometimes fail at storing bitcoin completely secure. Having to be responsible for own money scares people, self-custody is definitely not for everyone. However, before we dive into complexity of technical stuff, there is another interesting question that needs to be answered - why. Why bitcoin exists? Why would ordinary people keep it safe in the first place? From my point of view, people first should learn "ideological" part of cryptocurrency space in order to start valuing bitcoin. When they know why bitcoin has value, it becomes easier for them to store it properly.


Title: Re: Is bitcoin difficult to understand
Post by: CODE200 on September 22, 2020, 11:00:58 PM
Bitcoin is not that difficult to understand if you will start on learning the basics first before starting to do any engagements that relates to Bitcoin because having no prior knowledge about anything do really makes it hard to understand it whether it is Bitcoin and other stuffs in this world. I think one of the reason why people find it so hard to understand Bitcoin at the first place is they are really not that interested on the concepts about Bitcoin for they really care and focus on just using it as a source of income and jumping into engagement without learning it first which results to fail outcomes. Also, some people are already jumping into complex and technicality concepts which is pretty good for advance attainment of knowledge about Bitcoin but if you want to understand it duly, better start of with the basics and step by step rise up the level of difficulty until you get into learning the complexities of it and then you can understand it. Thorough research would also make help to better understand Bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 23, 2020, 06:50:11 PM
Bitcoin is not that difficult to understand if you will start on learning the basics first before starting to do any engagements that relates to Bitcoin because having no prior knowledge about anything do really makes it hard to understand it whether it is Bitcoin and other stuffs in this world. I think one of the reason why people find it so hard to understand Bitcoin at the first place is they are really not that interested on the concepts about Bitcoin for they really care and focus on just using it as a source of income and jumping into engagement without learning it first which results to fail outcomes. Also, some people are already jumping into complex and technicality concepts which is pretty good for advance attainment of knowledge about Bitcoin but if you want to understand it duly, better start of with the basics and step by step rise up the level of difficulty until you get into learning the complexities of it and then you can understand it. Thorough research would also make help to better understand Bitcoin.

Yeah it really depends on the level of IQ the learner has and also the interest of learner, because knowing the basic concept of bitcoin does not means that you can analyze bitcoin.

I seen that the only thing that will make human to understand bitcoin easily is to have a personal tutor that will analyze the concepts of bitcoin stanza by stanza. And also show soome evidence by using video as one of the criteria, because learning online without a tutor it will get long before a learner will comprehend BTC.


Title: Re: Is bitcoin difficult to understand
Post by: geyayy on September 23, 2020, 10:07:29 PM
Bitcoin is easy to understand for those who understand the nature of money and those who want to learn it. A book is redundant, just one video, it needs to be explained simply, intuitively, and easy to understand.
A cash-only person doesn't care what bitcoin does because he just likes cash and doesn't want to participate in things he doesn't understand.

  This is a fun fact about a person. I won't generalize all but yes there are people who thinks like this. If you really are interested in crypto currency, you will research yourself all about it, and it is true that it will only take a one video explanation to learn what Bitcoin or crypto currency. After all, we all have this curiosity and we should use it for our benefit.


Title: Re: Is bitcoin difficult to understand
Post by: The cure on September 23, 2020, 11:56:55 PM
I think if someone is interested in learning about cryptocurrency especially bitcoin, it is so easy to do. Because we are in the modern era, and with just a touch of our gadgets we can easily find what we want to know about. And for me there is no need to publish a book for it, most of the people now are already using internet even when reading the news. But it can also be happen to publish books for crypto, for people in the area who have not yet reached the internet, so that when the time comes for them to have internet they already have the knowledge about it.


Title: Re: Is bitcoin difficult to understand
Post by: Peanutswar on September 24, 2020, 12:38:48 AM
Bitcoin and the other things related to it like trading, investment, and transaction are not hard to understand but this is broad there are a lot of things you need to learn how does it connect to each other. It's better if you will get experience too because all of the time you can adopt those changes in reading text books a lot of articles about this. I'm not a professional in bitcoin but most of the time I need to offer a lot of time just to make it on actual I'm not a person who understands the learning by just the book I'm more on hands-on.

Better start of with the basics and step by step rise up the level of difficulty until you get into learning the complexities of it and then you can understand it. Thorough research would also make help to better understand Bitcoin.

Many of the newbies are jump off already to the hardest part of the bitcoin which is not a good choice they will not understand the basic and what are the origin and how does it work for it.
If you want to do this good luck on your path.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 24, 2020, 03:21:34 AM
I think if someone is interested in learning about cryptocurrency especially bitcoin, it is so easy to do. Because we are in the modern era, and with just a touch of our gadgets we can easily find what we want to know about.

What about those people that's not used of modern gadgets, which you and i, know very well their are people that does not like Internet,so how are we suppose to educate them concerning bitcoin only not even the entire cryptocurrencies.


Title: Re: Is bitcoin difficult to understand
Post by: shamimal93 on September 24, 2020, 06:55:59 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is an article that guides bitcoin.
Your writing is not clearly understood, you may be trying to explain how a person can have a good idea about Bitcoin, that is, how new people will know about Bitcoin.  You may have a good idea about Bitcoin if you want to. You may not have a very good idea about Bitcoin but if you search on the internet, youtube, and various search engines you will get a good idea about Bitcoin. You can see different blogs on different websites to get a good idea about bitcoin and other cryptocurrencies.  One last thing I want to say is to pay attention to being an expert.


Title: Re: Is bitcoin difficult to understand
Post by: btc78 on September 24, 2020, 07:59:06 AM
I think if someone is interested in learning about cryptocurrency especially bitcoin, it is so easy to do. Because we are in the modern era, and with just a touch of our gadgets we can easily find what we want to know about.

What about those people that's not used of modern gadgets, which you and i, know very well their are people that does not like Internet,so how are we suppose to educate them concerning bitcoin only not even the entire cryptocurrencies.
are you serious asking this?if they are not interested in Internet so what more in bitcoin?and why do we need to educate them if they already lay cards of no interest at all?
you are just making things difficult if this is your perception lol.

this is not easy to understand for those not interested,but if you are looking for good investment then better choose bitcoin than other offering .


Title: Re: Is bitcoin difficult to understand
Post by: mezzaluna on September 24, 2020, 10:52:29 AM
I think if someone is interested in learning about cryptocurrency especially bitcoin, it is so easy to do. Because we are in the modern era, and with just a touch of our gadgets we can easily find what we want to know about.

What about those people that's not used of modern gadgets, which you and i, know very well their are people that does not like Internet,so how are we suppose to educate them concerning bitcoin only not even the entire cryptocurrencies.
are you serious asking this?if they are not interested in Internet so what more in bitcoin?and why do we need to educate them if they already lay cards of no interest at all?
you are just making things difficult if this is your perception lol.

this is not easy to understand for those not interested,but if you are looking for good investment then better choose bitcoin than other offering .

I agree with you and people should know that Bitcoin would only exist if the Internet is available since it these transactions are not just for local use. I'm sure there is still a way to entice people to learn about Bitcoin even without engaging modern gadgets and by providing them informative books would help them BUT learning Bitcoin thru the Internet is still better since it can be provided with experience by most users.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 24, 2020, 04:34:30 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

Not everyone loves to read book since majority right now is on the net and there are so many articles and youtube videos are truly helpful for people to understand on what is bitcoin and how it works. But I on the other hand I agree that there's a book related on this topic since its good to have an option to scattered the information about the bitcoins.

OK we are considering the fact, old adults who are not interested to use modern facility to study,those articles in net shall be interpret in another form in order to make them to understand and also trans copied into textbook.


Title: Re: Is bitcoin difficult to understand
Post by: jaypiepie on September 24, 2020, 04:36:40 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
for my self opinion  bitcoin is easy for me to understand because i almost 4 years been long to this industry and i know how to difficult it is theres so many trials and suffering to involving in cryptocurrencybut i will victorious all suffering,and my advice to all beginners in crypto make sure that you will be wisely to choose in crypto project


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 24, 2020, 05:05:47 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
for my self opinion  bitcoin is easy for me to understand because i almost 4 years been long to this industry and i know how to difficult it is theres so many trials and suffering to involving in cryptocurrencybut i will victorious all suffering,and my advice to all beginners in crypto make sure that you will be wisely to choose in crypto project

Bitcoin is only easy to understand for beginners if you only  have the preknowledge of cryptocurrency and especially bitcoin,and if newbies want to understand bitcoin more better try to be conscious about it and also be determine and pay attention to it with serious and carefullness


Title: Re: Is bitcoin difficult to understand
Post by: bonjouros on September 24, 2020, 06:14:09 PM
There are many articles that talks about bitcoin or a guide about bitcoin. What is the problem right now is most of the newly investors want to have an easy life, they don't like digging some useful information or reading some guides on how they can use cryptocurrencies correctly and etc.

All are in the web, only lazy investors will find difficulty in understanding what is cryptocurrencies. If you are just resourceful then starting your journey in crypto world is very simple.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 24, 2020, 10:13:49 PM
There are many articles that talks about bitcoin or a guide about bitcoin. What is the problem right now is most of the newly investors want to have an easy life, they don't like digging some useful information or reading some guides on how they can use cryptocurrencies correctly and etc.

All are in the web, only lazy investors will find difficulty in understanding what is cryptocurrencies. If you are just resourceful then starting your journey in crypto world is very simple.

Many investors know very well about bitcoin because before you go into business you most know the rudiments of business, we are emphasizing on how difficult is bitcoin to understand to learners how to want know about btc, you can know btc when we Passion on it.


Title: Re: Is bitcoin difficult to understand
Post by: kawetsriyanto on September 24, 2020, 10:56:24 PM
Bitcoin is difficult to understand by newcomers or beginners only. That's normal because some people even don't know anything about Bitcoin or crypto coins. While for experienced people, must know about Bitcoin and the potential for its future. Well, there is no problem with it, Bitcoin is still a young innovation compared to others. I am pretty sure that day after day, people will be more familiar with Bitcoin. Then, they won't have difficulties to understand it once they can get the information about Bitcoin easily and massively.


Title: Re: Is bitcoin difficult to understand
Post by: Jstandhope on September 25, 2020, 08:55:39 AM
Bitcoin it's self is not difficult to understand if someone understands fisca currency or paper money. Because they do the same thing but different idea. But what I think makes Bitcoin difficult is some of the terminologies associated with it. Terms like block chain, nodes, mining, and many others. So all these terms are not  just simple  terms they mean something and so understanding what all this mean and for someone hearing it for the first time makes it difficult to understand. I am writing from experience. I have been there before. I have heard about Bitcoin for the past 3 years but when I decided to go into crypto currency and I was given a little tutorial oh goodness. I fell asleep because I didn't understand nothing. The terms were difficult to understand. But as time goes by things gets better.


Title: Re: Is bitcoin difficult to understand
Post by: Jstandhope on September 25, 2020, 09:02:57 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

I agree with your point. It's a very nice idea and I believe there are books already available to people out there. But you know in this  time we are many young people don't like reading at all. Our school system has made education look difficult and most times discouraging. So you see from my observation young people love entertainment so I will suggest if there are ways to make the learning of Bitcoin and other crypto currency entertaining. I know videos are already available. But if there can be more videos clips with  simplified language for easy understanding it will help newbies alot.


Title: Re: Is bitcoin difficult to understand
Post by: Jstandhope on September 25, 2020, 09:12:00 AM
Bitcoin is difficult to understand by newcomers or beginners only. That's normal because some people even don't know anything about Bitcoin or crypto coins. While for experienced people, must know about Bitcoin and the potential for its future. Well, there is no problem with it, Bitcoin is still a young innovation compared to others. I am pretty sure that day after day, people will be more familiar with Bitcoin. Then, they won't have difficulties to understand it once they can get the information about Bitcoin easily and massively.

You made a very nice point sir, you see in this life things does not get easier the first time. Remember the first day attending high school or any academy for the first how things looked. It's as if someone just went for an excort lolz. But after the first day, second day, and third and like a week and months things became clear. And at a point one can even teach others. It's always difficult for the first time especially first attempt.


Title: Re: Is bitcoin difficult to understand
Post by: Jstandhope on September 25, 2020, 09:20:57 AM
There are many articles that talks about bitcoin or a guide about bitcoin. What is the problem right now is most of the newly investors want to have an easy life, they don't like digging some useful information or reading some guides on how they can use cryptocurrencies correctly and etc.

All are in the web, only lazy investors will find difficulty in understanding what is cryptocurrencies. If you are just resourceful then starting your journey in crypto world is very simple.

You are very correct sir, I understand that many new learners especially the young ones wants easy things and quick. They don't like things that they will spend energy on. I also know there are lazy ones who don't like work but want money. But there are some too who a very dedicated and hard working but been that it's the first time they are introduced to crypto currency it will be difficult at first to understand. I have been there before. It was not easy understanding crypto currency at first. And I don't blame them for that. From Experience you can't understand a book in a day and for reading it the first time. But the problem is just dedication and determination. You made a very great point sir and I agree with you.


Title: Re: Is bitcoin difficult to understand
Post by: Jstandhope on September 25, 2020, 09:26:46 AM
Bitcoin is not that difficult to understand if you will start on learning the basics first before starting to do any engagements that relates to Bitcoin because having no prior knowledge about anything do really makes it hard to understand it whether it is Bitcoin and other stuffs in this world. I think one of the reason why people find it so hard to understand Bitcoin at the first place is they are really not that interested on the concepts about Bitcoin for they really care and focus on just using it as a source of income and jumping into engagement without learning it first which results to fail outcomes. Also, some people are already jumping into complex and technicality concepts which is pretty good for advance attainment of knowledge about Bitcoin but if you want to understand it duly, better start of with the basics and step by step rise up the level of difficulty until you get into learning the complexities of it and then you can understand it. Thorough research would also make help to better understand Bitcoin.

Yeah it really depends on the level of IQ the learner has and also the interest of learner, because knowing the basic concept of bitcoin does not means that you can analyze bitcoin.

I seen that the only thing that will make human to understand bitcoin easily is to have a personal tutor that will analyze the concepts of bitcoin stanza by stanza. And also show soome evidence by using video as one of the criteria, because learning online without a tutor it will get long before a learner will comprehend BTC.

Very well Sir, you just spoke my mind. This was actually what I had in mind. You are very accurate in my opinion. You see people need tutors for this things to be made easy especially when it has to do with learning.


Title: Re: Is bitcoin difficult to understand
Post by: AjithBtc on September 25, 2020, 03:59:38 PM
Understanding Bitcoin is little bit complicated for the users who aren't much used to technology/computers. With the continued development people find it easy to use as more number of user friendly wallets and other service applications are available. Based on the briefing about cryptocurrency, there'll be difference in understanding. Self learning is the best choice to know about bitcoin after getting little basics from a known person.


Title: Re: Is bitcoin difficult to understand
Post by: skarais on September 25, 2020, 04:12:29 PM
Understanding Bitcoin is little bit complicated for the users who aren't much used to technology/computers. With the continued development people find it easy to use as more number of user friendly wallets and other service applications are available. Based on the briefing about cryptocurrency, there'll be difference in understanding. Self learning is the best choice to know about bitcoin after getting little basics from a known person.
It is complicated ? Yes and many people admit it. I don't think that everyone who uses bitcoin should have any technical knowledge about it. As an effort to simplify, bitcoin is a cryptocurrency whose use can pay for anything with the consent of both parties. I didn't study bitcoin technically, but I just took advantage of its functions like currency and trading assets.


Title: Re: Is bitcoin difficult to understand
Post by: mezzaluna on September 25, 2020, 05:46:26 PM
Understanding Bitcoin is little bit complicated for the users who aren't much used to technology/computers. With the continued development people find it easy to use as more number of user friendly wallets and other service applications are available. Based on the briefing about cryptocurrency, there'll be difference in understanding. Self learning is the best choice to know about bitcoin after getting little basics from a known person.
It is complicated ? Yes and many people admit it. I don't think that everyone who uses bitcoin should have any technical knowledge about it. As an effort to simplify, bitcoin is a cryptocurrency whose use can pay for anything with the consent of both parties. I didn't study bitcoin technically, but I just took advantage of its functions like currency and trading assets.

That is what people need to understand about Bitcoin. Studying it would only give you the book smart regarding about it and experiencing Bitcoin like what skarais did is actually better. That is what happened to me and it really was a better way to learn about the whole Cryptocurrency Industry.

Also, if you're talking about wallets, I automatically suggest that whatever you do within the Crypto Industry, DOCUMENT IT or RECORD it. Its quite hard to keep track of whatever you are doing but having a notepad open while creating accounts or keeping tabs of what you are left doing revolving Cryptocurrencies would be good to be documented but don't do it publicly so just keep it within personal reach.


Title: Re: Is bitcoin difficult to understand
Post by: Fredomago on September 26, 2020, 09:11:30 AM
Bitcoin isn’t hard to understand its a function of interest one puts in that determine the level of understanding. Bitcoin is a legal and most countries around the word accepts it. So the knowledge of bitcoin is not hidden. Like I said initially it’s a function of choice of the individual.

Bitcoin already in a mainstream so you are correct its no longer hidden, you can find information around the web if you are really interested in learning everything about this investment currency. It's your own explanatory ideas that will let you benefits from this market.

Quote
Nothing is difficult as long as you want to learn, especially in this sophisticated era you can learn via the internet and find information easily, so I suggest that those who want to learn don't stop at books but open the internet can be easy. , learning also from experienced people is very necessary.

Very true! there's no hidden thing if you keen in learning internet is your tools to understand. It takes time and lots of efforts to
really  gain the understanding but once you fully get the ideas then expect to gain huge benefits.


Title: Re: Is bitcoin difficult to understand
Post by: imstillthebest on September 26, 2020, 09:23:04 AM
Nothing is difficult as long as you want to learn,
if this is true then all people are now living on the life the way they want it to be but they arent  . there is something that holds us back  .

Quote
 I suggest that those who want to learn don't stop at books but open the internet can be easy.
you mean we dont need to stop learning on the internet but we can continue learning on books .

we cant always carry the internet with our hands or on our pocket but books are verry versatile  .  there can be facts that are not present on the web but we may find these out once we browse on the books .


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on September 26, 2020, 02:09:15 PM
Nothing is difficult as long as you want to learn,
if this is true then all people are now living on the life the way they want it to be but they arent  . there is something that holds us back  .

Quote
 I suggest that those who want to learn don't stop at books but open the internet can be easy.
you mean we dont need to stop learning on the internet but we can continue learning on books .

we cant always carry the internet with our hands or on our pocket but books are verry versatile  .  there can be facts that are not present on the web but we may find these out once we browse on the books .

See we can learn in both side, but internet is the shortest way for we to learn and understand it small, for the young adults,while text book will enable them to study it more better and it will stick in their memory for a long period than studying with Internet.


Title: Re: Is bitcoin difficult to understand
Post by: Silberman on October 01, 2020, 07:13:16 PM
I agree that we need to keep learning about bitcoin as much as we can but for the most part the average user of the future does not really need to worry too much about it as long as they have the very basics ingrained on their mind, another important concept for people to know is that they understand that there is no bank that has their back, if they lose their coins for the most part they are on their own which is why it is critical to learn to secure your coins properly.
The question how to keep bitcoin private keys safe is very important and, at the same time, highly challenging concept for average people to comprehend. Even those people who consider themselves security experts sometimes fail at storing bitcoin completely secure. Having to be responsible for own money scares people, self-custody is definitely not for everyone. However, before we dive into complexity of technical stuff, there is another interesting question that needs to be answered - why. Why bitcoin exists? Why would ordinary people keep it safe in the first place? From my point of view, people first should learn "ideological" part of cryptocurrency space in order to start valuing bitcoin. When they know why bitcoin has value, it becomes easier for them to store it properly.
People are not going to get that easily why something like bitcoin exist, people have very short memory and despite all the historic evidence pointing out that economies crash all the time and they take their fiat currencies with it, despite contemporary examples of this like Zimbabwe and Venezuela being there for them to acknowledge this truth they are not going to get it, because deep down they do not want to believe this can happen in their country, it is because of this that I do not believe the majority of people will understand why we need bitcoin until an enormous crisis hit us, but by that time it will be too late for those people to protect their wealth with bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: semobo on October 01, 2020, 08:09:26 PM
Nothing is difficult as long as you want to learn,
if this is true then all people are now living on the life the way they want it to be but they arent  . there is something that holds us back  .

Quote
 I suggest that those who want to learn don't stop at books but open the internet can be easy.
you mean we dont need to stop learning on the internet but we can continue learning on books .

we cant always carry the internet with our hands or on our pocket but books are verry versatile  .  there can be facts that are not present on the web but we may find these out once we browse on the books .

See we can learn in both side, but internet is the shortest way for we to learn and understand it small, for the young adults,while text book will enable them to study it more better and it will stick in their memory for a long period than studying with Internet.
What about ebooks? Convenient, cheap and no internet is needed to read them!

But books are not necessary to learn about bitcoin, just a common internet knowledge is enough in my opinion and also they need to have the knowledge of how money works or else people will never understand decentralization and other things.


Title: Re: Is bitcoin difficult to understand
Post by: chanler on October 01, 2020, 09:07:23 PM
It would be a good idea to create this specific guidebook on bitcoin. Because it is quite difficult to explain bitcoin to ordinary people. If we just tell stories, not necessarily people will believe. Moreover, those who think that bitcoin is a scary investment and very close to a loss.


Title: Re: Is bitcoin difficult to understand
Post by: FlightyPouch on October 01, 2020, 09:59:21 PM
There are many articles that talks about bitcoin or a guide about bitcoin. What is the problem right now is most of the newly investors want to have an easy life, they don't like digging some useful information or reading some guides on how they can use cryptocurrencies correctly and etc.

All are in the web, only lazy investors will find difficulty in understanding what is cryptocurrencies. If you are just resourceful then starting your journey in crypto world is very simple.

Many investors know very well about bitcoin because before you go into business you most know the rudiments of business, we are emphasizing on how difficult is bitcoin to understand to learners how to want know about btc, you can know btc when we Passion on it.

You can't make new users or investors to be passionate that quickly with bitcoin or other crypto currencies that well, it doesn't actually work like that. Unless they experienced getting good results in the near future, they would either read or find a way to know more about it or they would continue what they are doing to keep on getting that results.

You are pinpointing how could we attract those people that are not used to technologies but it wouldn't be that easy. They don't have that time to learn all about bitcoin, learning how to use it would be fine.


Title: Re: Is bitcoin difficult to understand
Post by: Ezmael Wright on October 02, 2020, 01:15:08 AM
For the first, bitcoin is hard to understand and other cryptocurrency, we need time to understand it because some people hard to learned but they like crypto. So I suggest to research if they want to learn it and reading and following some people who can good to explain. If you give it a time, I'm sure you learned it.


Title: Re: Is bitcoin difficult to understand
Post by: malikg18 on October 02, 2020, 01:34:39 AM
If we have sound knowledge about its previous history, its supports and Resistances then it is not so difficult to understand Bitcoin. understanding Bitcoin needs continuously learning.


Title: Re: Is bitcoin difficult to understand
Post by: n0ne on October 02, 2020, 01:34:53 AM
Rather than learning one must believe, because it took me a hour to understand what is bitcoin. Further I learned about altcoins. I'm not mentioning it from the technical knowledge, I understood it as an alternate to the fiat which doesn't have any physical presence. It can only be experienced virtually, but the same when I tried to convince people aren't ready to accept.

That's why I said rather than learning one needs to believe, if one is ready hardly within a hour an user who has got knowledge to use a computer can understand.


Title: Re: Is bitcoin difficult to understand
Post by: goolesby on October 02, 2020, 03:01:17 AM
In an increasingly advanced era, I think it's easier to find information about bitcoin. Even if we want to read articles about bitcoin, of course there are also many. The point is we just want to find information or not. For common people, of course, direct guidance is needed. Because many people do not immediately understand it just by reading.


Title: Re: Is bitcoin difficult to understand
Post by: Janation on October 02, 2020, 03:50:45 AM
Bitcoin isn’t hard to understand its a function of interest one puts in that determine the level of understanding.bitcoin is a legal and most countries round th word accepts it. So the knowledge of bitcoin is not hidden. Like I said initially it’s a function of choice of the individual.

This actually depends on the people.

As you said, the level of the understanding of the person or an individual to Bitcoin or maybe cryptocurrencies is determined by how interested they are. The more we are interested in a certain thing, that also means the higher understanding or knowledge we have on that.


Title: Re: Is bitcoin difficult to understand
Post by: Debonaire217 on October 02, 2020, 04:38:47 AM
For me, for the base knowledge in cryptocurrency and bitcoin, our forum is the best place to start with.

The way I learned in bitcoin starts here, and if I can't understand a term, I just google it and go back to the discussions here.

Perhaps, the opinion of every member here is different, so you can distinguish over time which learning to absorb and discard.


Title: Re: Is bitcoin difficult to understand
Post by: boyptc on October 02, 2020, 04:51:33 AM
It would be a good idea to create this specific guidebook on bitcoin.
A lot of guides were published on the web.

You only need to search for them and see which is the best for you.

Because it is quite difficult to explain bitcoin to ordinary people. If we just tell stories, not necessarily people will believe. Moreover, those who think that bitcoin is a scary investment and very close to a loss.
We're here to explain to them what bitcoin is and if they don't believe with what we say, facts or stories, it's up to them if they will absorb what we say.


Title: Re: Is bitcoin difficult to understand
Post by: 0t3p0t on October 02, 2020, 04:57:12 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
No need for a textbook mate if we really are interested in learning things. Doing our own due diligence makes us a better learner. Tons of videos on youtube educating people on how Bitcoin works and what really is Bitcoin itself, it's uses, pros and cons of having Bitcoin as an asset. Even when I was a newbie, I was a little bit in doubt, bothered and of course afraid of losing something but as time passes by I learned a lot most especially here in this forum. Better bring interested people here to local boards where they can found local community that are sharing ideas and experiences.


Title: Re: Is bitcoin difficult to understand
Post by: oliviarobert on October 02, 2020, 10:47:55 AM
Bitcoin can be difficult to understand but bitcoin is simple when you know how it works. You just need basic information to use bitcoin. There are so many online tools that can be used now. there are many ways to learn cryptocurrency.


Title: Re: Is bitcoin difficult to understand
Post by: witcher_sense on October 02, 2020, 12:18:48 PM
But books are not necessary to learn about bitcoin, just a common internet knowledge is enough in my opinion and also they need to have the knowledge of how money works or else people will never understand decentralization and other things.
Internet knowledge regarding bitcoin and cryptocurrency only scratches the surface, it won't give you a deep understanding of how underlying processes occur and work. Bitcoin is difficult to understand because it is built upon plethora of scientific disciplines, no one in this world is able to fully master them all. What you can do is choose something you are interested in and start reading books written by experts of a given field. Also, a person who really wants to know about bitcoin should not consume news published by empty-headed media and ignorant journalists. It is just a waste of valuable time.


Title: Re: Is bitcoin difficult to understand
Post by: Maroons on October 02, 2020, 12:25:47 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
No need for a textbook mate if we really are interested in learning things. Doing our own due diligence makes us a better learner. Tons of videos on youtube educating people on how Bitcoin works and what really is Bitcoin itself, it's uses, pros and cons of having Bitcoin as an asset. Even when I was a newbie, I was a little bit in doubt, bothered and of course afraid of losing something but as time passes by I learned a lot most especially here in this forum. Better bring interested people here to local boards where they can found local community that are sharing ideas and experiences.
Honestly i think you'll learn more of you ise videos and articles here on the internet specially when you are a complete newbie, having someone explain it to you will catapult you to a higher level of understansing cryptocurrency as a whole, another example is forums such as this forum where you can virtually talk or discuss tons of people from all over the globe, textbook will limit you from in my opinion but you will still learn but i also prefer the internet than textbooks


Title: Re: Is bitcoin difficult to understand
Post by: verita1 on October 02, 2020, 01:09:44 PM
My mom just turned 66. She likes to learn things on You Tube, she also likes to read the Bible, I think that a video directed at them or Textbook could be ideal for learning about Bitcoin. She has also learned to use a Smartphone and Tablet with my help. By this I mean that we must be patient with our family members to teach them what Bitcoin is and how to use it.


Title: Re: Is bitcoin difficult to understand
Post by: gurjasmeetsingh on October 02, 2020, 01:24:06 PM
I think lot of people have working is only for good  earnings. I can say we have worried about any type of work,for example learning the bicycle. Many different types of problem create.but we should be aware and take interest & make good knowledge about btc.then we covered the prblems will be create in future. It's my opinion.


Title: Re: Is bitcoin difficult to understand
Post by: molsewid on October 02, 2020, 01:30:53 PM
My mom just turned 66. She likes to learn things on You Tube, she also likes to read the Bible, I think that a video directed at them or Textbook could be ideal for learning about Bitcoin. She has also learned to use a Smartphone and Tablet with my help. By this I mean that we must be patient with our family members to teach them what Bitcoin is and how to use it.

Agree, Patience is what we need to teach elders to use bitcoin and other crypto-currency. As long as the person is interested in knowing something, there's no impossible to learn right now using the internet. Bitcoin is not hard to study compared to other topics. So I think it depends on the person who wants to learn it if he's too interested or not. Some people hard to acquire it because they can't see the benefit of using it, or they just don't need it


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on October 02, 2020, 01:43:55 PM
I think lot of people have working is only for good  earnings. I can say we have worried about any type of work,for example learning the bicycle. Many different types of problem create.but we should be aware and take interest & make good knowledge about btc.then we covered the prblems will be create in future. It's my opinion.

Yeah,actually while some persons worked is because of profit, everyone needs profits in his work, shall we most be conscious and also be determined to achieve our objective, because anyone who have the passion to learn bitcoin will definitely learn it better,is not that btc is very very rigid to understand but is all about attention.


Title: Re: Is bitcoin difficult to understand
Post by: claire_lovely on October 02, 2020, 02:10:17 PM
For transaction and usage, it isn't too hard to understand although it does take some more effort than transacting USD.

As far as the inner workings and protocols I think it becomes much more complex. There are still many details of mining and the blockchain that I don't fully understand, but I understand the general idea of a distributed ledger where you control your private keys.


Title: Re: Is bitcoin difficult to understand
Post by: Celebrityfarmer on October 02, 2020, 03:07:12 PM
With my experience learning it’s quite obvious that it’s a simple concept to understand if you take time learning about it and not rushing the process. We the community make it look like learning about bitcoin is a very hard thing to do and this discourage new users who would had picked interests in the currency. Sending and receiving bitcoin isn’t difficult but the other areas that are very hard to some extent.


Title: Re: Is bitcoin difficult to understand
Post by: oprahwindfury on October 02, 2020, 03:25:14 PM
This is actually a point to disscuss.Simple solution is ,'Bitcoin' and its details are in whitepaper.Another option is here if someone wants to learn a fix part then,several FAQ and answers are here,
https://www.coindesk.com/learn
Learning bitcoin is a very easy task,though a guide or an experienced person can be more helpful if the words were a bit difficult for you.Translator will also be a good thing to make you understand  about bitcoin in some cases.


Title: Re: Is bitcoin difficult to understand
Post by: worldofcoins on October 02, 2020, 03:43:45 PM
With my experience learning it’s quite obvious that it’s a simple concept to understand if you take time learning about it and not rushing the process. We the community make it look like learning about bitcoin is a very hard thing to do and this discourage new users who would had picked interests in the currency. Sending and receiving bitcoin isn’t difficult but the other areas that are very hard to some extent.

Bitcoin is hard to understand for those who don't take an interest in it.
At first, I thought it would be hard but later I started taking interest in bitcoins.
I learn to use bitcoins from YouTube, Blogs, and some other websites.
You just need 3 steps to understand it. First, open a wallet, Second buy bitcoin, and move your all coin into your wallet, the third holds you bitcoin as long as you can.
The more you hold the coins the chances to take benefit.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on October 03, 2020, 01:00:16 AM
For transaction and usage, it isn't too hard to understand although it does take some more effort than transacting USD.

As far as the inner workings and protocols I think it becomes much more complex. There are still many details of mining and the blockchain that I don't fully understand, but I understand the general idea of a distributed ledger where you control your private keys.

Having transactions in bitcoin does not mean that you have understand bitcoin properly, because majority in the forum who are extremely good in analysing cryptocurrency especially bitcoin they still learning bitcoin in another measure because
Bitcoin is like school or education, looking at it very you will comprehend that no one is the master of encyclopedia, even professors also research for things them don't know.
Is not that I'm condemning the fact that you don't know the basic concept of btc but notice that bitcoin is broad to study in two months.


Title: Re: Is bitcoin difficult to understand
Post by: ekeh on October 03, 2020, 07:28:40 AM
The world is really changing into digital, bitcoin is popular know across the nation, the better way to explain about bitcoin with out west of time, is to introduce it to a person that is willing to know, and also tell the person to make his research online, to know more. Moreover google engine has made it easy for us to ask many questions and get answers. Buying books we take much time.


Title: Re: Is bitcoin difficult to understand
Post by: Janation on October 03, 2020, 08:47:17 AM
No, what is hard to explain is blockchain. People cannot understand bitcoin or any other cryptocurrency if they weren't understand blockchain. So if you explain blockchain first and don't mention about bitcoin it would be more understandable.

I don't think we even need to discuss blockchain to them.

There are a lot of people that wanted to invest in cryptocurrencies, more likely Bitcoin since they've seen a lot of people earning from it. If that is the case, what they will be studying is the market, the movements happening and other things to understand how they could take advantage of the movements happening. If you want to understand the technology about it, that is a different discussion.


Title: Re: Is bitcoin difficult to understand
Post by: Majharul Saiif on October 03, 2020, 11:35:00 AM
I suppose most people don't really need to know in-depth technical aspects of Bitcoin as I assume knowing its basics might suffice for anyone who wants to try it.

There is a ton of Youtube videos and reference materials that can be found on the net including information from this forum. If anyone is really interested to learn about it then I also think they might find it interesting as long as they have enthusiasm.


I also speculate that many people do not understand the deep meaning of BTC. Even I sometimes have to struggle to understand it. I mostly try to find out on Google. Sometimes I do YouTube or read any content.
In fact, nothing is difficult. It's entirely up to us how we take the matter. If you study a lot on a subject and spend time behind it, it is definitely not difficult to do,


Title: Re: Is bitcoin difficult to understand
Post by: Jimbo Abu on October 03, 2020, 11:44:32 AM
Indeed, bitcoin is really difficult to understand for those who are not willing to learn it. For me you need a determination to earn money and on how it works,  you only need time.


Title: Re: Is bitcoin difficult to understand
Post by: finaleshot2016 on October 03, 2020, 12:47:20 PM
There are many free courses around the internet that you can enroll in to understand bitcoin. Bitcoin isn't that complex and it depends if you are going into the technical aspects of bitcoin such as blockchain or in the market.

Actually, you can search much info about bitcoin here in bitcointalk.org to understand how do the members define it. If you want a precise understanding, search on the internet or watch some discussion about Bitcoin on YouTube because of some of the mare crypto experts.


Title: Re: Is bitcoin difficult to understand
Post by: FlightyPouch on October 03, 2020, 02:16:43 PM
They want to invest in cryptocurrency because it seems easy money for them, but it's not. Although because of them we ve made a good profit 😅

Well, they thought that it is easy not knowing that it is not just buying in dip and selling at high, there are a lot of things they needed to understand and explore as a user and an investor. Still, it is easier for them to understand what bitcoin and crypto currencies are if they know that people are earning profits from it especially nowadays that people wanted to earn money in their houses.


Title: Re: Is bitcoin difficult to understand
Post by: Serious475 on October 03, 2020, 02:32:35 PM
There are many ways to understand or to learn bitcoin, there are already many books about it, there is also much news you can read online, an article and forums like this. Among those ways to learn crypto, you may recommend him to join this forum so it would help them to understand more about cryptocurrency. There is much useful information here that talks about cryptocurrency. You may also use google for the things you want to learn about cryptocurrency. Learning about it is not an easy thing because it is really broad, just expect that it would take so much time.


Title: Re: Is bitcoin difficult to understand
Post by: chikading2016 on October 03, 2020, 03:10:49 PM
It is more easy to understand bitcoin today you can simply used google to search or know more about it. You can also watch advertisement or vedio about bitcoin and how does it works, so to those who are really interested on it they can understand it in a very simple way.


Title: Re: Is bitcoin difficult to understand
Post by: worldofcoins on October 03, 2020, 04:09:07 PM
I think lot of people have working is only for good  earnings. I can say we have worried about any type of work,for example learning the bicycle. Many different types of problem create.but we should be aware and take interest & make good knowledge about btc.then we covered the prblems will be create in future. It's my opinion.

If you have an interest in bitcoin then you'll learn in a second. Some people don't want to understand it due to the bad reputation of bitcoins and cryptocurrency.
The government never gonna waste their time promoting bitcoins and cryptocurrencies.
It's not difficult to learn the cryptocurrencies filed, just a basic knowledge can help you earn a profit.
There are many articles and YouTube video available newbies can learn from their too.


Title: Re: Is bitcoin difficult to understand
Post by: kolbalish on October 03, 2020, 05:08:10 PM
Each person's mastery to capture is different. Bitcoin is difficult for some and it is very easy for others. The more time it takes to get to know Bitcoin, the easier it will be for him. So we should give time to understand bitcoin properly.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on October 03, 2020, 05:54:05 PM
Each person's mastery to capture is different. Bitcoin is difficult for some and it is very easy for others. The more time it takes to get to know Bitcoin, the easier it will be for him. So we should give time to bitcoin.

Actually any one can study btc with interest or focused  because I do actualised, yeah it's obvious that btc can be difficult to someone to understand and also easier to any other person to understand based on individuals difference, from my perspective l realized that not everyone that have the momentum or the ability to study btc, its based on attention and also interest of user


Title: Re: Is bitcoin difficult to understand
Post by: bitbunnny on October 03, 2020, 05:59:06 PM
Each person's mastery to capture is different. Bitcoin is difficult for some and it is very easy for others. The more time it takes to get to know Bitcoin, the easier it will be for him. So we should give time to bitcoin.

Actually any one can study btc with interest or focused  because I do actualised, yeah it's obvious that btc can be difficult to someone to understand and also easier to any other person to understand based on individuals difference, from my perspective l realized that not everyone that have the momentum or the ability to study btc, its based on attention and also interest of user

Yes, it's based on interest but it also depends on some basic knowledge about technologies that one has or doesn't have. To be able to understand it easily it would be necessary to know some facts about information technologies and internet. It's also important to find some reliable source that explains Bitcoin on clear and easy to understand way without to much complicated expert words.


Title: Re: Is bitcoin difficult to understand
Post by: Dedewahyu on October 04, 2020, 11:12:50 AM
very good bitcoin is not difficult to understand but it can be difficult to understand if you explain it hard
I usually introduce bitcoin like this, bitcoin is a digital asset such as a balance in an account that has no physical value but has a built-in value with a decentralized blockchain system
once I say that 90% of people understand the rest are just curious more about blockchains


Title: Re: Is bitcoin difficult to understand
Post by: reliable on October 04, 2020, 11:19:50 AM
It will depend upon the person who is teaching or making understand them about it. Each person knowledge is different, and field varies so understand may be different and to grasp it may take time. But it’s not something rocket science like cannot be understood. It may require efforts from people's end as well to know more and study about it.


Title: Re: Is bitcoin difficult to understand
Post by: GeorgeJohn on October 05, 2020, 09:51:29 PM
It will depend upon the person who is teaching or making understand them about it. Each person knowledge is different, and field varies so understand may be different and to grasp it may take time. But it’s not something rocket science like cannot be understood. It may require efforts from people's end as well to know more and study about it.

Irrespective the level of the tutor or who ever wants to understand the concept of bitcoin will understand it perfectly without no obstructions,it's based on a personal interest, engagement and determination.

Bitcoin is difficult to understand based on Lack's of attention and research for vital information's concerning bitcoin, its difficult for someone who don't know anything concerning it,and it will very difficult to comprehend.




Title: Re: Is bitcoin difficult to understand
Post by: Jayrmalakas on October 08, 2020, 03:55:07 PM
it is very difficult for newbie to understand what bitcoin is it ,because his ability to earn a lot especially to buying investors bitcoin and it will return a huge ,bitcoin is now one of the top currency all over the world and you need really hardwork to understand of bitcoin


Title: Re: Is bitcoin difficult to understand
Post by: Serious475 on October 08, 2020, 04:10:02 PM
It differs from the degree of interest. If one is interested in cryptocurrency very deeply then a textbook is comprehensive and detailed enough for it. But if one is interested in the basics, then I guess resources such as https://bitcoin.org/ may be enough, with the help of articles, podcasts, videos, and so on.
Well said, it depends on the interest of the person, if he or she really wants to learn something then it would be easy for them to understand the basics of it. The example you want to learn cryptocurrency and you are really interested in it so basically you will do things that will help you to understand it more, like searching it on google and reading books related to it but if you don't care about it at all then you can learn this thing as well.


Title: Re: Is bitcoin difficult to understand
Post by: Nellayar on October 08, 2020, 04:31:01 PM
No matter a certain thing is difficult, if you have an interest and determination to know about it then it would become possible for you to understand it. Many people find bitcoin hard to understand specially because of the algorithm that surrounds bitcoin. They thought that numbers are really hard to learn and in result, they lose their interest to know more about cryptocurrency. However, if you have the eagerness to deep-dug the bitcoin there are many ways to know it.

In my experience, i read books related to bitcoin before and its whitepaper. I understood the fundamentals of bitcoin using youtube tutorial as well. If we always treat everything hard, then we won`t learn it at all.


Title: Re: Is bitcoin difficult to understand
Post by: Silberman on October 08, 2020, 04:43:43 PM
With my experience learning it’s quite obvious that it’s a simple concept to understand if you take time learning about it and not rushing the process. We the community make it look like learning about bitcoin is a very hard thing to do and this discourage new users who would had picked interests in the currency. Sending and receiving bitcoin isn’t difficult but the other areas that are very hard to some extent.

Bitcoin is hard to understand for those who don't take an interest in it.
At first, I thought it would be hard but later I started taking interest in bitcoins.
I learn to use bitcoins from YouTube, Blogs, and some other websites.
You just need 3 steps to understand it. First, open a wallet, Second buy bitcoin, and move your all coin into your wallet, the third holds you bitcoin as long as you can.
The more you hold the coins the chances to take benefit.
That is the thing, everything is hard to understand if you are not willing to put any effort into trying and if you want to understand the technical elements that are needed to make bitcoin work then I will admit that bitcoin can be very complex, but if you are a regular user that just wants to buy some bitcoin and then use it or store it away then bitcoin is extremely simple and very easy to use and I do not see how it can be made even more simple.


Title: Re: Is bitcoin difficult to understand
Post by: F_Societys on October 08, 2020, 04:54:07 PM
I searched for a book on bitcoin in my hometown, and after several months of searching, no book was found.
I also think that making and publishing books about Bitcoin can help a lot of enthusiastic people in terms of its performance.
And I hope that people will work harder to advance and raise public awareness of Bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: Zilon on October 17, 2020, 08:33:10 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

There are institutes who train students on cryptography. For me I feel on needs to have passion for learning first. Because once there is hunger for knowledge u will find a way of acquiring that which you seek. Assuming we publish a book on bitcoin how many will have the zeal to study. I believe publishing a textbook is not what we need now. To me having people with zeal will prompt millions of publishers


Title: Re: Is bitcoin difficult to understand
Post by: Alucard1 on October 17, 2020, 08:50:15 AM
Actually, cryptocurrency is really broad and it requires so much time before you understand it all, many people are still uneducated about what cryptocurrency is, there are also many people who don'tttt even try to understand it as well, bitcoin is very popular all over the world and there are many articles and website where we can understand the basics of cryptocurrency but there are still some people who don't know things about it because they are already contented about fiat currency and besides it is not taught in school days.


Title: Re: Is bitcoin difficult to understand
Post by: J.Amador on October 17, 2020, 10:28:25 AM
Yes it's hard to understand if you don't have someone to guide in you. If you have a friend know how to use bitcoin just ask a help and guide so you can know how to use bitcoin without someone's  help.


Title: Re: Is bitcoin difficult to understand
Post by: Willitivity on October 17, 2020, 12:09:27 PM
Yes it's hard to understand if you don't have someone to guide in you. If you have a friend know how to use bitcoin just ask a help and guide so you can know how to use bitcoin without someone's  help.

That's the thing, It's hard for people to get aboard the internet bandwagon, let alone start getting acquainted and using crypto. Concepts like blockchain, setting up wallets, nodes and even retrieving wallets sounds very technical especially from people coming from non-urban areas. But I think crypto is getting more simplified with each passing day. It won't be lomg now.


Title: Re: Is bitcoin difficult to understand
Post by: Swopon on October 17, 2020, 05:52:05 PM
I don't think so. I was also a newbie and it was not so hard for me to understand Bitcoin. I strongly believe that it is the same for all. But there can be some rare cases and all of our brains are not the same. So it can be difficult for some people. But keep trying to understand will be better for those people who don't understand it.


Title: Re: Is bitcoin difficult to understand
Post by: mangsitin on October 17, 2020, 10:49:28 PM
In my opinion, it is not difficult to understand bitcoin, the things you should know about bitcoin are: decentralization, limited supply, pseudonymity, transactions cannot be replaced.  And you also have to understand the reasons for using bitcoin: saving costs and time, you are in control, privacy.  if you understand the points I mentioned, then you will be able to understand how bitcoin works.


Title: Re: Is bitcoin difficult to understand
Post by: d_fitrie on October 18, 2020, 05:45:21 AM
I searched for a book on bitcoin in my hometown, and after several months of searching, no book was found.
I also think that making and publishing books about Bitcoin can help a lot of enthusiastic people in terms of its performance.
And I hope that people will work harder to advance and raise public awareness of Bitcoin.

I think you are just wasting your time in sophisticated times like now everything is on the internet, want to find out about bitcoin, you just have to open it on the internet, everything is clear there.


Title: Re: Is bitcoin difficult to understand
Post by: ghost424 on October 18, 2020, 04:45:20 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

Bitcoin was made by an intelligent person and that means we need to level ourselves with that creator for us to understand it BUT developers created a way for Bitcoin to be understood easily. Further developments made Bitcoin usable by many people and it was really fruitful. Even though its hard to teach to some close minded people, some users who really are interested can learn it slowly and they will understand the whole Cryptocurrency Industry if they stay long enough.


Title: Re: Is bitcoin difficult to understand
Post by: mezzaluna on October 18, 2020, 04:56:17 PM
With my experience learning it’s quite obvious that it’s a simple concept to understand if you take time learning about it and not rushing the process. We the community make it look like learning about bitcoin is a very hard thing to do and this discourage new users who would had picked interests in the currency. Sending and receiving bitcoin isn’t difficult but the other areas that are very hard to some extent.

Bitcoin is hard to understand for those who don't take an interest in it.
At first, I thought it would be hard but later I started taking interest in bitcoins.
I learn to use bitcoins from YouTube, Blogs, and some other websites.
You just need 3 steps to understand it. First, open a wallet, Second buy bitcoin, and move your all coin into your wallet, the third holds you bitcoin as long as you can.
The more you hold the coins the chances to take benefit.
That is the thing, everything is hard to understand if you are not willing to put any effort into trying and if you want to understand the technical elements that are needed to make bitcoin work then I will admit that bitcoin can be very complex, but if you are a regular user that just wants to buy some bitcoin and then use it or store it away then bitcoin is extremely simple and very easy to use and I do not see how it can be made even more simple.

Its also a good thing to ask friends and other users within the forum if you really want to learn, all you have to do is ask humbly because people learns more as they teach things they know. That is how I learned Bitcoin and Cryptocurrencies, I kept asking questions about it and as time passes by I can understand how things work. Bitcoin became simple and easy to use but you really have to go thru a process if you want to achieve that understanding.


Title: Re: Is bitcoin difficult to understand
Post by: cheezcarls on October 18, 2020, 06:37:50 PM
For me, it's difficult to understand if we are including too-much technical information or detail to someone who isn't really tech-savvy (especially senior citizens). When I explained Bitcoin to my parents, it's pretty simple.

It's a digital asset like stocks without the presence of a central authority. I didn't even explain about blockchain to them, as they can only understand that Bitcoin is like investing in stocks.


Title: Re: Is bitcoin difficult to understand
Post by: gurjasmeetsingh on October 19, 2020, 03:26:11 AM
 There is no worried about any platform or project to understand. There is no place unsolved any type of problem in this world. So we should be learning much more knowledge about any project. Then we can get good earnings same as it's not create any difficulty to understand about bitcoin. I think so.



Title: Re: Is bitcoin difficult to understand
Post by: Crptomagma on October 19, 2020, 06:12:17 AM
Well evaluating if bitcoin is difficult to understand or not depends on the criteria of judgment. Bitcoin is a digitized and decentralized currency and having that in mind, it’s is also important to know that some people especially people living in rural communities and sometimes old people don’t find the affair of the internet interesting enough. So to those categories of people the understanding of bitcoin would always be difficult for them.

Bitcoin is also technical as it’s requires some level of meticulousness and mistakes made during transaction would be at the user risk or detriment because of its anonymous nature. Bitcoin can be understood is several ways and it’s directly a function of the Individual level of curiosity to understand it. As for me it’s took me some months to understanding Cryptocurrency in general and I am still learning. The understanding of bitcoin isn’t just a day affair but a continuous one. There are many articles online about bitcoin and it’s founder.


Title: Re: Is bitcoin difficult to understand
Post by: proTECH77 on October 19, 2020, 06:37:05 AM
Yes, agree with you.
Many people find it difficult to understand because bitcoin is not like other courses we study in higher institution where lecturer will lecture the students to make sure they understand the course before setting exam question. Before I came to understand what bitcoin is all about I did a lot of online research before I was getting it gradually.
With time and determination you will surely understand it and how you can use it to do business and make a good profit.


Title: Re: Is bitcoin difficult to understand
Post by: bakasabo on October 19, 2020, 08:03:54 AM
I don't think so. I was also a newbie and it was not so hard for me to understand Bitcoin. I strongly believe that it is the same for all. But there can be some rare cases and all of our brains are not the same. So it can be difficult for some people. But keep trying to understand will be better for those people who don't understand it.

Maybe you are unique or have a "technical mind". It is good that you understand Bitcoin, but answer to yourself honestly, do you understand it generally or fully. Some people think, that they understand that blockchain is a transparent record book, and bitcoin is it circulating recourse, means they understand Bitcoin fully. Some think that Bitcoin is "buy low, sell high, get profit".

If you say, that you understand Bitcoin, then try to teach someone less educated and experienced about it. If you succeed, then you understand it, if not - you understand Bitcoin partly. 


Title: Re: Is bitcoin difficult to understand
Post by: Beyerd17 on October 19, 2020, 08:32:58 AM
My impression is that mostly older people think bitcoin is difficult to understand, their problem is that they haven't read enough about cryptocurrencies, another problem is that they have never tried to use it either.

The best way to understand something is to start using it. Sure it might be harder right in the beginning, but after a while they'll get better understanding of how it works. Learning by doing is the way to go.


Title: Re: Is bitcoin difficult to understand
Post by: Twinkledoe on October 19, 2020, 09:00:26 AM
I don't think so. I was also a newbie and it was not so hard for me to understand Bitcoin. I strongly believe that it is the same for all. But there can be some rare cases and all of our brains are not the same. So it can be difficult for some people. But keep trying to understand will be better for those people who don't understand it.

Maybe you are unique or have a "technical mind". It is good that you understand Bitcoin, but answer to yourself honestly, do you understand it generally or fully. Some people think, that they understand that blockchain is a transparent record book, and bitcoin is it circulating recourse, means they understand Bitcoin fully. Some think that Bitcoin is "buy low, sell high, get profit".

If you say, that you understand Bitcoin, then try to teach someone less educated and experienced about it. If you succeed, then you understand it, if not - you understand Bitcoin partly.  

Maybe it is easy to say that you understand how really bitcoin works. But yes, when you try to explain to someone who has no idea about it, that's when you will be tested how in-depth your knowledge is. Because if you have the full grasp, you can relay it to layman's terms and not too technical. Because if you will explain it in technical aspect, they will not understand and you will find yourself that it is really hard to understand crypto for the beginners.


Title: Re: Is bitcoin difficult to understand
Post by: 3meek on October 19, 2020, 09:06:27 AM
For me, it's difficult to understand if we are including too-much technical information or detail to someone who isn't really tech-savvy (especially senior citizens). When I explained Bitcoin to my parents, it's pretty simple.

It's a digital asset like stocks without the presence of a central authority. I didn't even explain about blockchain to them, as they can only understand that Bitcoin is like investing in stocks.

I think that Bitcoin is not an investment, and that OP is about other things! For example, the fact that bitcoin is a peer-to-peer payment system, information about which is stored in the public blockchain... ;)


Title: Re: Is bitcoin difficult to understand
Post by: bitzizzix on October 19, 2020, 09:26:27 AM
Reading is a bridge of knowledge to connect and your knowledge for a specific purpose, actually to understand bitcoin is actually easy, in this forum if you are diligent in reading very clearly about bitcoin or cryptoccurrency which in my opinion is easy to understand and learn well if serious.
and besides that you can also search anywhere to understand bitcoin or cryptocurrency that is trusted and easy for you to understand well.


Title: Re: Is bitcoin difficult to understand
Post by: bakasabo on October 20, 2020, 07:50:00 AM
For me, it's difficult to understand if we are including too-much technical information or detail to someone who isn't really tech-savvy (especially senior citizens). When I explained Bitcoin to my parents, it's pretty simple.

It's a digital asset like stocks without the presence of a central authority. I didn't even explain about blockchain to them, as they can only understand that Bitcoin is like investing in stocks.

I think that Bitcoin is not an investment, and that OP is about other things! For example, the fact that bitcoin is a peer-to-peer payment system, information about which is stored in the public blockchain... ;)

Yet many think that Bitcoin is an "internet money" or a Ponzi scheme. They do not go deep and are just zombified what TV say to them. Many on them still think that bank, as an institution, hold all the money physically in vault. From your "bitcoin is a peer-to-peer payment system" people will understand only "payment system". Too many people are still far from technologies...

P.S. if you try to explain what tokens are, how they are created, and how many there are of them, their brain will either explode or go to restart.


Title: Re: Is bitcoin difficult to understand
Post by: ampu on October 20, 2020, 09:50:31 AM
Bitcoin's puzzlement is relative and it depends on our patience to investigate. For someone who is fascinated by Bitcoin, they will find ways to understand Bitcoin to the very end. I find Bitcoin quite confusing for someone who does not have any knowledge of economics and technology. Bitcoin is a combination of economics and technology, just knowing one of the two fields above everything will be a lot easier.


Title: Re: Is bitcoin difficult to understand
Post by: Darkelf11 on October 20, 2020, 05:41:29 PM
Reading is a bridge of knowledge to connect and your knowledge for a specific purpose, actually to understand bitcoin is actually easy, in this forum if you are diligent in reading very clearly about bitcoin or cryptoccurrency which in my opinion is easy to understand and learn well if serious.
and besides that you can also search anywhere to understand bitcoin or cryptocurrency that is trusted and easy for you to understand well.

I agree with you, if you really are interested with cryptocurrency lots of reading about it may also interest you. Bitcoin is not difficult to understand if your foundation of knowledge of it are all true. I am sure that there's already a textbook or even magazines that discusses what cryptocurrency like bitcoin is. It is more realible than some mis;eading sites in the internet. Though, bitcoin lives in the digital world so, the information provided in online world is more updated than what we have in print.


Title: Re: Is bitcoin difficult to understand
Post by: Chris Barth on October 20, 2020, 06:07:29 PM
Hello George. Bitcoin is not difficult to understand. There are many sites out there that have articles that will help make it easier. However, check out this app (Know Bitcoin[ https://play.google.com/store/apps/details?id=capps.knowbitcoin ]). The app provides information for newbies who want to know about bitcoin. And if you consider it helpful. Please share it with others too.


Title: Re: Is bitcoin difficult to understand
Post by: Beyerd17 on October 22, 2020, 09:06:35 AM
There are many other cryptoprojects out there that are much worse to understand than Bitcoin. Take the defi projects for instance, not to mention all the ethereum tokens to name a few. Compared to those Bitcoin is fairly easy and straight forward to understand.

It's all relative, i'd say Bitcoin is actually quite easy to understand all in all.


Title: Re: Is bitcoin difficult to understand
Post by: Clark05 on October 22, 2020, 11:46:24 AM
People have different IQ and maybe for the others who did not easily understand on how does the bitcoin works .
I know how to earn bitcoin but I don't know everything about I just wanna need is to learn more so I keep researching and watching some videos to get more ideas because we know the more knowledge you have the more possible will come.


Title: Re: Is bitcoin difficult to understand
Post by: Wesleyeric on October 22, 2020, 12:20:33 PM
Yes You are right I will advise that to be accomplished, if there is any textbook or any online platform that is specialized in teaching of bitcoin. So have those things done it. Bitcoin will be easy to understand, it will be something very common for everyone to participate on, people will like to purchase more of bitcoin because it easy for them, So this is a nice question, I will appreciate all this thing to be done 


Title: Re: Is bitcoin difficult to understand
Post by: Eureka_07 on October 22, 2020, 12:31:46 PM
Basics of bitcoin as we use it is easy to understand.
However, keep also in mind that there are also more complex part of fully understanding bitcoin.
We may be talking about storing, mining, trading, hashing, security, and etc.
If you want to fully maximize the use of bitcoin, it's best to study and understand also it's complex but fundamental information for it.

There are easy parts but there are also difficult parts on undersranding bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: DarkDays on October 22, 2020, 12:44:39 PM
There are many other cryptoprojects out there that are much worse to understand than Bitcoin. Take the defi projects for instance, not to mention all the ethereum tokens to name a few. Compared to those Bitcoin is fairly easy and straight forward to understand.

It's all relative, i'd say Bitcoin is actually quite easy to understand all in all.

I agree. BTC in actual fact is probably the easiest crypto to understand and everything else after that is pretty much built on BTC. And in effect you need to get the pre-requisite which is BTC before you can even start talking about lightening network, altcoins and DEFi projects.

I find that people always find excuses not to learn because they believe it is hard to grasp the information but what's happening is that they're not interested and are not willing to learn as for them it is much easier to say I don't understand or I'll never understand. I think it is all down to attitude and mindset, as there are just so many different formats of resources to learn about cryptocurrency.


Title: Re: Is bitcoin difficult to understand
Post by: shata on October 22, 2020, 01:50:08 PM
Bitcoin in all honesty is difficult to understand for those who have no open minds to learn it, common example of it are individuals who were scammed by investment institutions/ websites giving fixed rate interest from their capital and end up being a Ponzi Scheme or a scam. Because of their experience, they closed themselves in understanding and learning such new things thinking it will be just the same as what they went through. We cant blame them for that.

But when you are a person who have prior knowledge to financial markets especially Foreign Exchange (Forex), Stock Market (International or Local), etc you will be excited for sure to study it.

Is age a constraint? Maybe or maybe not. Remember John Mcafee is heck old but still in the cryptocurrency industry. Its not that he is a genius guy, but his interest in it. So overall, I can say that it really depends on the person's interest.

If someone asks me, whats the difference between Bitcoin and Ethereum?
Best analogy that I can say?

Bitcoin - a calculator
Ethereum - smartphone (with calculator inside)

The rest is history!


Title: Re: Is bitcoin difficult to understand
Post by: Blue MoonFlower on October 23, 2020, 02:32:56 AM
Yes, understanding Bitcoin is a bit difficult and complicated if we don't use to be in digital world and haven't heard about crypto currencies and the like. But, if we are really interested into something, like bitcoin, we will try our very best to learn and understand better. I think, its in the person itself how he understand it and how he will make it so complicated. For me, being just cool and absorbing all the information that I gather through all my research and constant reading here in the forum is a big help to understand gradually. It took a lot of time and different experiences along the way to make ourselves understand fully, I guess.


Title: Re: Is bitcoin difficult to understand
Post by: Harrison chinoye on October 29, 2020, 02:12:01 PM
yes for me I don't believe Bitcoin in itself is difficult to understand. What is difficult is our notion of how finance, economics and society in itself works. It is hard to believe that something we have held so dear and near to us and established over the centuries (fiat currency) can be disrupted within the period of a single decade's worth of innovation, all scripted in code, delivered by someone we don't even know. That, right there - is what makes Bitcoin hard for the average mind to conceive.


Title: Re: Is bitcoin difficult to understand
Post by: Dsdaq on October 29, 2020, 03:30:15 PM
Bitcoin is difficult for some people to understand because it is a complete disruption of the financial system as we know it.
It is a completely new way to transact and store value that no one living today was brought up on.


Title: Re: Is bitcoin difficult to understand
Post by: Adhar on October 29, 2020, 11:59:06 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
i think its a not hard to know about bitcoin. this is a modern era & we have modern Technology like goggle or youtube . so you can know about more to use this kind of platform.


Title: Re: Is bitcoin difficult to understand
Post by: nurilham on October 30, 2020, 01:00:56 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
i think its a not hard to know about bitcoin. this is a modern era & we have modern Technology like goggle or youtube . so you can know about more to use this kind of platform.
They know about Google, Youtube, etc. But I think he has trouble showing references in book form, such as references for the final project that must be real and proven to be true.


Title: Re: Is bitcoin difficult to understand
Post by: Crptomagma on October 30, 2020, 06:01:49 AM
Bitcoin as a Cryptocurrency is technical and anyone interested in it must be ready to sacrifice a whole lots of time to fully understand all the activities in bitcoin especially in terms of transactions. Knowing bitcoin is decentralized and anonymous in nature it’s better to gain full understanding before investing or trading in it. Well nothing is difficult to understand it’s all depends of the individual level of curiosity and hunger for Cryptocurrency.

In the aspect of having a material that educate people about Cryptocurrency it’s most not necessarily be a manual material, these is the 21st century and information is transmitted through different mediums. What matters most is not the nature of the material but the genuineness of the information inside. There are lots of valid information about Cryptocurrency online and any interested candidates can as well source out useful information about Cryptocurrency online it’s most not be a manual book. What matters most at the end is that the individual is able to have good understanding about Cryptocurrency.


Title: Re: Is bitcoin difficult to understand
Post by: vlast01 on October 30, 2020, 08:13:38 AM
Getting information nowadays is not that hard to thanks to the Internet. Understanding the basic concepts of Bitcoin is easy as long as once person are eager to learn. There are numerous published books about Bitcoin and other cryptocurrencies, there are also tons of sites that gives info about cryptocurrencies.


Title: Re: Is bitcoin difficult to understand
Post by: fauzan123 on October 30, 2020, 08:34:04 AM
Getting information nowadays is not that hard to thanks to the Internet. Understanding the basic concepts of Bitcoin is easy as long as once person are eager to learn. There are numerous published books about Bitcoin and other cryptocurrencies, there are also tons of sites that gives info about cryptocurrencies.


There is a lot of information that references bitcoin at this time, all the things we want to find we can get directly from local news that already exists in your country and from the internet.

Of course this makes it easier for us to get to know bitcoin from basic to advanced, both from the concept being carried out and the system and developments that occur.


Title: Re: Is bitcoin difficult to understand
Post by: angrynerd88 on December 22, 2020, 10:16:58 PM
Individuals have to be get it bitcoin how they can utilize bitcoin appropriately, such as what the bitcoin wallet address, how they can send the satoshi to another wallet, and their wallet address can deliver or share to others, how to know when the exchange completed. You don't ought to know about the expense since it'll be robotized alter to current circumstances. Still, you'll be able learn it afterward once you as of now recognizable with the past experiences.


Title: Re: Is bitcoin difficult to understand
Post by: DeadCoin on December 22, 2020, 11:18:23 PM
Honestly, for the very first time, Bitcoin is difficult due to it is young in sensation particularly at place that internet signal is weak.Instantly, we have already entered the eye of a needle to push ourselves to be apart of this digital process despite more sacrifices and effort to accomplish all mission right here to gain even small,and the significance is through the online process people are united and gained a free illumination in life and push to become productive so it's interesting.


Title: Re: Is bitcoin difficult to understand
Post by: oktana on December 22, 2020, 11:25:55 PM
Bitcoin is not hard to learn, it only looks or sounds complex but then, it is quite basic for easy understanding.
It could be difficult if you choose to not seek advice from people. But if one is eager and ready to learn, he/she will learn based on their willingness.
Also, there are articles, graphics, and even videos all over the internet that can be of much help.


Title: Re: Is bitcoin difficult to understand
Post by: Ratash on December 23, 2020, 06:30:29 AM
If they are investors or bountyhunters they do not need to know all about bitcoin an average understanding will be plenty but if they are interested in the development and the tech behind btc than i am sure they will find articals on the web.


Title: Re: Is bitcoin difficult to understand
Post by: DECABEATZ on December 23, 2020, 07:18:45 AM
im new here and new into Bitcoin. Just started the journey 1 month ago! I found it quite easy so far =)


Title: Re: Is bitcoin difficult to understand
Post by: iTradeChips on December 23, 2020, 09:10:22 AM
There are already tons of resources out there that already gives out detailed information about Bitcoin and Cryptocurrencies in general. You just have to search on many platforms and be able to get all your needed information about the technology and its uses. Once people understands what blockchain is and how it is used, then we will see many people be demanding blockchain to be added to the institutions as a deterrent to corruption and cheating.


Title: Re: Is bitcoin difficult to understand
Post by: sapnu on December 23, 2020, 04:10:21 PM
In terms of gaining knowledge about bitcoin, you should not cram it or scan infos about it. You should make sure that most of the resources you go through is valid and reliable so that all of the knowledge you'll get will be useful in your journey here in the crypto world. If you really want to know more about bitcoin, start exploring the forum and see some questions that you can relate with, through that all of the things you want to know about bitcoin will easily be found. As you continue, you should stay updated about the happenings in the crypto specially about the current prices in the market.


Title: Re: Is bitcoin difficult to understand
Post by: Issa56 on December 23, 2020, 09:10:35 PM
Bitcoin is very easy to understand but you just have to be careful and as a newbie you need a mentor to put you true to avoid unnecessary mistakes and lose of fund, sometimes bitcoin can be complicated but you don't just have to rush.


Title: Re: Is bitcoin difficult to understand
Post by: fishbonez11 on December 23, 2020, 09:40:45 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

Honestly, when hearing it first time you'll get confused and skeptic. But the truth is, Bitcoin is so easy to understand which a 10 year old kid can understand. People are just used to a third party system, they always not in full control  of their funds. If people will discover how liberating to have a decentralized system they will probably get in to Bitcoin. Personally, I don't know a lot about the technicality of Bitcoin, what I only know is this is the safest place to put my fund where anyone can not control it.


Title: Re: Is bitcoin difficult to understand
Post by: milani on December 23, 2020, 10:09:13 PM
There is no single article that will answer all the questions about Bitcoin for a person who recently have heard about it. It should be a complex of - articles (the original article about Bitcoin), forums like this one, where you can find lots of answers and even to ask for help in your problematic situations, tonnes of videos on YouTube, that even can be like instructions - where it will become more clear for a newbie - how ho create a wallet, how to buy or sell satoshi or Bitcoin 🙂, how to trade and so on, and in case a person has a strong desire to learn more about the Bitcoin's nature, technical sides and so on, it will not be a great problem to understand what is it. It may appear that it is not so complicated as at seems to be.


Title: Re: Is bitcoin difficult to understand
Post by: Dutchyyy on December 23, 2020, 10:17:14 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

It's difficult for many non-tech people, but it's not only Bitcoin. AI, self-driving cars and many more topics are also difficult, yet people are accepting all of it.

People tend to accept every tech that brings benefits without the need to understanding it. We shall start showing the benefits, not trying to force people to understand the tech side.


Title: Re: Is bitcoin difficult to understand
Post by: Smartprofit on December 24, 2020, 07:02:26 AM
Such a book would be difficult to write. 

Of course, this book can describe how the Electrum cryptocurrency wallet works.  This will allow an inexperienced user to learn how to perform bitcoin transactions.  A separate chapter can be devoted to cryptography, a separate chapter - to the principles of blockchain operation.  The hardest part of writing such a book is the chapters that will describe the relationship between bitcoin and the modern financial system.  We still don't know how the inflationary and deflationary monetary systems interact. 

Writing the economics part of such a book about Bitcoin will be the most difficult task.


Title: Re: Is bitcoin difficult to understand
Post by: Afrigod1234 on December 24, 2020, 07:18:24 AM
It kinda is, mainly cause you wouldn't get anything if you're not hundred percent interested in it, there are no two ways about it you are either fully interested or you wouldn't get it. For me understanding cryptocurrency was not too difficult, because someone I know taught and explained it will to me. Sincerely speaking is is difficult to get the innards on how to trade, different wallets. How you must definitely understand every detail of you stand a 60 percent chance of getting scammed.

Though, even if you understand it, you must frequently ask questions about any thing you're about to do crypto wise. That's why this forum is here. To guide and to correct.
 


Title: Re: Is bitcoin difficult to understand
Post by: iTradeChips on December 24, 2020, 09:14:48 AM
In terms of gaining knowledge about bitcoin, you should not cram it or scan infos about it. You should make sure that most of the resources you go through is valid and reliable so that all of the knowledge you'll get will be useful in your journey here in the crypto world. If you really want to know more about bitcoin, start exploring the forum and see some questions that you can relate with, through that all of the things you want to know about bitcoin will easily be found. As you continue, you should stay updated about the happenings in the crypto specially about the current prices in the market.

I agree to that you said not to cram. Cramming so much information would only cause confusion in the long run and it will simply cause the person to make bad decisions. Cramming without understanding is like those college peeps taking a peep from the exam paper of the class valedictorian. It is a big pain in the long run. Try to learn bits and pieces about Bitcoin and the technology behind it and if it is really not needed for your investment or trading needs then you can forgo learning that information.


Title: Re: Is bitcoin difficult to understand
Post by: Abhishek1712 on December 24, 2020, 11:53:06 AM
according to me, Bitcoin is not easy to understand.
If you think you will know everything about watching video on youtube , then you are wrong .
Bitcoin is really very difficult subject to understand.
if you don't know basic idea of bitcoin then you will need to learn about bitcoin and blockchain before use otherwise you can loose very big amount of your money.
you need to learn how bitcoin work which i am going to mention below.
1.  Bitcoin is a digital currency, a decentralized system which records transactions in a distributed ledger called a blockchain.
2.  Bitcoin miners run complex computer rigs to solve complicated puzzles in an effort to confirm groups of transactions called blocks; upon success, these blocks are added to the 
3.  blockchain record and the miners are rewarded with a small number of bitcoins.
4.  Other participants in the Bitcoin market can buy or sell tokens through cryptocurrency exchanges or peer-to-peer.
5.  The Bitcoin ledger is protected against fraud via a trustless system; Bitcoin exchanges also work to defend themselves against potential theft, but high-profile thefts have occurred.


now i hope you will get some basic knowledge about bitcoin :) :) :) :)


Title: Re: Is bitcoin difficult to understand
Post by: finaleshot2016 on December 24, 2020, 12:16:53 PM
It kinda is, mainly cause you wouldn't get anything if you're not hundred percent interested in it, there are no two ways about it you are either fully interested or you wouldn't get it. For me understanding cryptocurrency was not too difficult, because someone I know taught and explained it will to me. Sincerely speaking is is difficult to get the innards on how to trade, different wallets. How you must definitely understand every detail of you stand a 60 percent chance of getting scammed.

Though, even if you understand it, you must frequently ask questions about any thing you're about to do crypto wise. That's why this forum is here. To guide and to correct.
 
I definitely agree with this statement, some really want to learn cryptocurrency but it's very hard to get the idea if they're really not interested in it because they're only interested in how to get money fast. Understanding bitcoin is a very complex activity, you need various subjects such as finance, economy, and even programming to know how does blockchain works. So for me, bitcoin is very difficult to understand and it is not for everyone.

Some of us here do know what's the definition of bitcoin but I doubt that they knew the technical aspects of it because it's hard to understand if you don't have any background on the subjects that I've mentioned.


Title: Re: Is bitcoin difficult to understand
Post by: Jemzx00 on December 24, 2020, 12:55:21 PM
~snip~
I definitely agree with this statement, some really want to learn cryptocurrency but it's very hard to get the idea if they're really not interested in it because they're only interested in how to get money fast. Understanding bitcoin is a very complex activity, you need various subjects such as finance, economy, and even programming to know how does blockchain works. So for me, bitcoin is very difficult to understand and it is not for everyone.

Some of us here do know what's the definition of bitcoin but I doubt that they knew the technical aspects of it because it's hard to understand if you don't have any background on the subjects that I've mentioned.
Understanding the complexity of bitcoin really is hard but it doesn't necessary means that it's not for everyone because not all people who've involved themselves on bitcoin really needs to know everything about bitcoin. Agreed that most people are into bitcoin because of the money and one doesn't need to know the complexity of bitcoin especially in trading, if someone already has knowledge on stocks market then it won't be hard for them understanding the crypto market.
By the way, an example on something that everyone doesn't necessary need to know are PGP Signature and PGP Encrypted Messages. Yes, Blockchain and bitcoin really is too complex but I disagree that it isn't for everyone.


Title: Re: Is bitcoin difficult to understand
Post by: XavierLaurent on December 24, 2020, 01:15:31 PM
Internet of money - the first thing that comes to mind. There are also other textbooks and books, probably all mentioned before in this thread.


Title: Re: Is bitcoin difficult to understand
Post by: Swopon on December 24, 2020, 01:33:25 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
Maybe you want to mean how to understand Bitcoin easily. So, in this point, I want to mention that the topic can be used in text book to know up to bottom in the beginning then experience will help you a lot to understand it day by day. Already many of us explained it.


Title: Re: Is bitcoin difficult to understand
Post by: mbe48 on March 31, 2021, 07:11:19 PM
It is very interesting that the statement you gave, yes, from the birth of bitcoin to the current highest price, there are still many people who don't know what bitcoin is. Only some people know from the price, but what you mean is how to get people to better understand how bitcoin works and how to invest it right? In my opinion, the simple way to introduce bitcoin is from our own success that we get from bitcoin. It will attract people to start investing in the world of cryptocurrencies.


Title: Re: Is bitcoin difficult to understand
Post by: dunfida on March 31, 2021, 07:59:22 PM
It is very interesting that the statement you gave, yes, from the birth of bitcoin to the current highest price, there are still many people who don't know what bitcoin is. Only some people know from the price, but what you mean is how to get people to better understand how bitcoin works and how to invest it right? In my opinion, the simple way to introduce bitcoin is from our own success that we get from bitcoin. It will attract people to start investing in the world of cryptocurrencies.
Honestly, bitcoin isnt really created for the sole purpose on making money or earning income but rather totally focusing on a new way payment system which is totally decentralized.
Earning is just a bonus but we cant really deny that people are really going into that side and having that kind of perception towards it and also the main reason on why people do easily hooked up with it.
It isnt really hard to understand bitcoin because even with just a single sentence describes its actual purpose then you would able to get on what we do mean.
No one would really be able to find it difficult because its not really hard to understand it at all.It is just people are minding too much about
on how to make some money.


Title: Re: Is bitcoin difficult to understand
Post by: Tristan Bieber on April 01, 2021, 03:48:29 AM
I am the most novice, and I am also very confused. Although I have read some books and materials about Bitcoin, but there is only a vague concept. I saw an op sorted out about encryption in the beginners of the forum. Currency and Bitcoin information, you can go there to collect some resources about Bitcoin or cryptocurrency.


Title: Re: Is bitcoin difficult to understand
Post by: 10_sjdovn_10 on April 01, 2021, 10:20:11 AM
people interested over crypto, but cant understand bitcoin are who interested in money but not interested to the technology.
you can understand with help of books or article anyway.


Title: Re: Is bitcoin difficult to understand
Post by: Trinx01 on April 01, 2021, 11:05:52 AM
Cryptocurrency is really broad, there are a lot of people who will say that bitcoin is easy to understand but they don't even know how bitcoin works, is because they only low a few things as they think that their knowledge is enough but not. There are a lot of websites that may help us learn about cryptocurrency, there are also books that may help us understand the world of crypto.


Title: Re: Is bitcoin difficult to understand
Post by: galestorm on April 01, 2021, 12:51:40 PM
There are already courses presented on the world of cryptocurrency. There are numerous articles on bitcoin, as well as videos and news that would inform them of the crypto market's current state. Bitcoin is difficult to understand at first, but if you find the time to educate yourself and conduct some thorough research you will be able to understand the do's and dont's when it comes to investing in cryptocurrencies. Though it would help a lot if you have a friend or someone that you know of that can teach you all about bitcoins.


Title: Re: Is bitcoin difficult to understand
Post by: Zilon on April 01, 2021, 05:45:29 PM
Educating more people about crypto currency generally still remain our general and collective responsibility. Most people still remain in doubt and others are yet to understand how the digital currency operates. There are chains of books on block chain technology. We also have academies scattered all across the globe both online and offline learning centres. It would only take interest to do the studying and going for blockchain enlightenment that is why more people needs to be exposed to this knowledge


Title: Re: Is bitcoin difficult to understand
Post by: Oilacris on April 01, 2021, 07:39:21 PM
There are already courses presented on the world of cryptocurrency. There are numerous articles on bitcoin, as well as videos and news that would inform them of the crypto market's current state. Bitcoin is difficult to understand at first, but if you find the time to educate yourself and conduct some thorough research you will be able to understand the do's and dont's when it comes to investing in cryptocurrencies. Though it would help a lot if you have a friend or someone that you know of that can teach you all about bitcoins.
When we are just excluding the technical aspects then it isnt really that hard to understand because the basics would already be enough for you to understand the overall concept.

Its just mattering on how people do really get involved and spent time on learning up things on this one because majority of them are just being simply dragged off with the hype
and when they do lose money they do simply leave and having regrets.

Its not that hard to understand because even elementary kids could really understand with some simple explanation on how it works.


Title: Re: Is bitcoin difficult to understand
Post by: boyptc on April 01, 2021, 10:10:04 PM
I am the most novice, and I am also very confused. Although I have read some books and materials about Bitcoin, but there is only a vague concept. I saw an op sorted out about encryption in the beginners of the forum. Currency and Bitcoin information, you can go there to collect some resources about Bitcoin or cryptocurrency.
Don't be confused. You're just starting out and usually when you are beginning to learn something, you will not really understand it on an instant.

Go get a lot of resources that you can find, you've got books as you've said and there are a lot of materials that you can find to easily understand bitcoin just as this.

--> https://aantonop.com/

There are some free resources you can watch there.


Title: Re: Is bitcoin difficult to understand
Post by: proTECH77 on April 02, 2021, 07:10:13 AM
Many people that find bitcoin or cryptocurrency difficult to understand are those people who don't want to read anything concerning bitcoin or cryptocurrency to know how it work. Bitcoin or cryptocurrency are very easy to understand, if only you can dedicate your time to do your personal research concerning cryptocurrencies and how someone can make use of it to become a rich man or woman like the way we make use of  fiat money to become rich in the country. 


Title: Re: Is bitcoin difficult to understand
Post by: sayaya17 on April 06, 2021, 11:03:26 PM
Bitcoin is very hype nowadays because the price is getting higher, it's already making many people and large companies interested
in investing in bitcoin and other cryptocurrencies. But before investing, you should first find out what bitcoin is. Many sources explain
the meaning of bitcoin and how to trade bitcoin. This will help especially for those who want to invest and trade.


Title: Re: Is bitcoin difficult to understand
Post by: Sanugarid on April 07, 2021, 03:52:34 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

What you've suggested is already done and lots of cryptocurrency contents are being published all over the internet even on social media platforms. I think the reason why people struggle to understand cryptocurrency is the complexity of terms used. Thankfully, many crypto experts shares their knowledge and experience in a simple term were ordinary people could understand. Of course, it will take some time but as long as you're willing to learn you will definitely make it.


Title: Re: Is bitcoin difficult to understand
Post by: Lorence.xD on April 07, 2021, 04:30:33 AM
To answer the question, I think it really depends because there are people that has some background knowledge about technical stuff and there are some people that don't have, the latter will have a problem understanding bitcoin but if they are determined, they can understand it, it just takes time for the, the former will not have that much problem since that person can catch up with discussions and can easily understand some technical jargon.


Title: Re: Is bitcoin difficult to understand
Post by: aaarmila_k on April 07, 2021, 07:41:01 PM
It seems great to me as we know the field of cryptocurrencies is very massive and there is a lot of information and it needs to be pending day by day as it is updated daily.
People find it difficult to understand because they have no one to guide them


Title: Re: Is bitcoin difficult to understand
Post by: best123 on April 07, 2021, 08:39:38 PM
There are several articles or materials online on Bitcoin and cryptocurrency at large. Though, many beginners find it difficult to understand at the early stage. Any body that want to understand Bitcoin and cryptocurrency can google it. Information are many there on cryptocurrency.


Title: Re: Is bitcoin difficult to understand
Post by: Wend on April 07, 2021, 10:12:44 PM
If the person has not interested to learn in bitcoin maybe it is difficult to understand.But for us we understand clearly but not all there time that we need to learn more about bitcoin. Because nowadays they are afraid to enter in cryptoworld or invested on it, Maybe because of these they always heard from the news or read some negative though about bitcoin. But for us we earn and learn from bitcoin and theres no problem of that we always doing everyday.


Title: Re: Is bitcoin difficult to understand
Post by: Mahanton on April 07, 2021, 10:23:54 PM
If the person has not interested to learn in bitcoin maybe it is difficult to understand.But for us we understand clearly but not all there time that we need to learn more about bitcoin. Because nowadays they are afraid to enter in cryptoworld or invested on it, Maybe because of these they always heard from the news or read some negative though about bitcoin. But for us we earn and learn from bitcoin and theres no problem of that we always doing everyday.
Not really that hard and i agree that if someone is really serious on learning up something then this wont be an issue and not really a reason for you to stop on engaging with
bitcoin.Its not really that hard honestly because even in simple understanding you could eventually get on what it is all about and its not that hard.
The time when we do call its challenging when we do already talk about trading and other earning investment because this one will really be requiring
sufficient knowledge and experience throughout the market and if you dont have this one then you would really be having a hard time.


Title: Re: Is bitcoin difficult to understand
Post by: elisabetheva on April 08, 2021, 01:40:55 AM
If the person has not interested to learn in bitcoin maybe it is difficult to understand.But for us we understand clearly but not all there time that we need to learn more about bitcoin. Because nowadays they are afraid to enter in cryptoworld or invested on it, Maybe because of these they always heard from the news or read some negative though about bitcoin. But for us we earn and learn from bitcoin and theres no problem of that we always doing everyday.
all can be sure that there will be pro and contra uncovering something that is new in the eyes of certain people but not for those who have been involved for a long time. things that are commonplace and must be understood because the name with the funds that might be spent to invest does require strict policies to be able to determine the choice.

If you are familiar with bitcoin, of course they will be surprised because investing in it is very attractive even though the possibility of loss can also occur, in fact almost all investments will happen. but the fundamental difference is that bitcoin investment, if done patiently and does not panic, is very profitable compared to other investments.


Title: Re: Is bitcoin difficult to understand
Post by: bitzizzix on April 08, 2021, 02:09:48 AM
Actually, to understand bitcoin depends on their seriousness in trying to get to know and understand bitcoin more deeply, especially those who are still beginners and no doubt those who have been in this industry for a long time who of course really understand bitcoin.
and for those who underestimate this digital currency entity especially bitcoin, and are pessimistic about its future prospects, but all these doubts are like a slap in the face, because now the value of Bitcoin is really skyrocketing.
and finally those who do not understand bitcoin well even hate it realize and regret not understanding bitcoin well, and after that many people try to know and understand bitcoin even though it's too late because now bitcoin is proven to have experienced unexpected price increases and many people become rich or his life changed because of bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: LukeCage on April 08, 2021, 03:34:16 AM
In fact, Bitcoin is not difficult to understand. It is a currency, with a linked price. The real difficulty is to understand how bitcoin works and why it is so valuable. You may need some knowledge in economics and IT fields.


Title: Re: Is bitcoin difficult to understand
Post by: Kittygalore on April 08, 2021, 08:28:41 AM
In fact, Bitcoin is not difficult to understand. It is a currency, with a linked price. The real difficulty is to understand how bitcoin works and why it is so valuable. You may need some knowledge in economics and IT fields.
You are somewhat right and wrong at the same time, yes bitcoin is easy to understand but that is just scratching the surface but if you delve deeper then that statement gets less true as you go deeper, it is not a bad thing and it is not a requirement to know it all in bitcoin so you don't have to worry about it, the basics are enough.


Title: Re: Is bitcoin difficult to understand
Post by: Mamun74 on April 08, 2021, 04:45:05 PM
If you don’t know about bitcoin, you can understand it by looking article book.I Think so it should be learned by educated person who know the better English.First you need to know waht is bitcoin and why it’s valuable.


Title: Re: Is bitcoin difficult to understand
Post by: XCANA on April 08, 2021, 04:53:17 PM
If you don’t know about bitcoin, you can understand it by looking article book.I Think so it should be learned by educated person who know the better English.First you need to know waht is bitcoin and why it’s valuable.
Not like there difficulties in this Bitcoin of a thing but the terminologies are the most confusing among the system. I have taught many bout this technology but seem difficult to them and not be able to cope with the technology whle some can learn the teaches more faster than others. Although this is a gradual process as even the experts still learning the technology.


Title: Re: Is bitcoin difficult to understand
Post by: jerrison on April 08, 2021, 09:19:14 PM
Bitcoin has a little bit of complexity based on the techy algorithm and all that goes with it. People who are tech savvy don't really have issues with Bitcoin and its related operations. But if one must involve himself then one should be properly informed.

Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: BuNga_cute on April 08, 2021, 09:42:27 PM
It is not easy to understand Bitcoin, because there are so many technological terms that are difficult for ordinary people to understand.
Therefore, education is needed from the start, I support it if cryptocurrency starts to be made into a subject in schools. In order for more
people to really understand about Bitcoin, now most people only care about how to get money from Bitcoin. Without first understanding Bitcoin,
this is why it's so easy for people to say Bitcoin scams when that person loses money when investing in Bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: Twentyonepaylots on April 08, 2021, 10:15:29 PM
For those who have little knowledge about the workings of the internet or computers, then understanding bitcoin would seem as a Herculean task, but for the average joe that probably had a supercomputer in his pocket and a desktop on his room, bitcoin would be easy to understand. One doesn't need to know the inner workings behind it as it is something you can't expect to be basic. Just the regular and easy to catch info about bitcoin is more than enough to educate people about bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: skillqore on April 09, 2021, 07:34:18 AM
As bitcoin is a modern electric currency of the new era that's why generally it's a little bit complicated to understand for in general people. But if you will proper study about this topic then ultimately anyone would be experienced. Here are the bitcoin and cryptocurrencies online courses (https://skillqore.com/video/ever-wonder-how-bitcoin-and-other-cryptocurrencies-actually-work/) free of cost.


Title: Re: Is bitcoin difficult to understand
Post by: bL4nkcode on April 09, 2021, 09:12:52 AM
It is not easy to understand Bitcoin, because there are so many technological terms that are difficult for ordinary people to understand.
Therefore, education is needed from the start, I support it if cryptocurrency starts to be made into a subject in schools. In order for more
people to really understand about Bitcoin, now most people only care about how to get money from Bitcoin. Without first understanding Bitcoin,
this is why it's so easy for people to say Bitcoin scams when that person loses money when investing in Bitcoin.
People don't need to understand the technical side of bitcoin, coz even most of the people on this forum doesn't know more in technicalities of bitcoin and cryptocurrency.

Understanding the basics such as why bitcoin was created, how sending/receiving bitcoin works, how important saving/have a backup of their seed, the differences of non-custodial/custodial wallet is enough for average person to start bitcoin/crypto. While learning more is much better ofc.


Title: Re: Is bitcoin difficult to understand
Post by: finaleshot2016 on April 11, 2021, 08:31:37 PM
For those who have little knowledge about the workings of the internet or computers, then understanding bitcoin would seem as a Herculean task, but for the average joe that probably had a supercomputer in his pocket and a desktop on his room, bitcoin would be easy to understand. One doesn't need to know the inner workings behind it as it is something you can't expect to be basic. Just the regular and easy to catch info about bitcoin is more than enough to educate people about bitcoin.
It's not required to understand the technical side of bitcoin but if you really want to assess the legitimacy of this altcoin, you should research more about it. Most of us don't know how does it work and the protocols but it's fine as long as they trust and know how to make a profit from this.

But IMO, I really think that bitcoin and its technical side is pretty easy to understand since most of the information can be gathered through the internet and there are a bunch of explanations on YouTube we can watch. There are also easy ways to teach a person with a simple analogy in order to define what it is.


Title: Re: Is bitcoin difficult to understand
Post by: gbrendeh on April 11, 2021, 11:51:36 PM
Bitcoin and blockchain technology has been broken down to the level that a lay man can understand. Moreover, there are a lot of information both in text and graphics that makes understanding blockchain technology easier than can be imagined


Title: Re: Is bitcoin difficult to understand
Post by: dongyi17 on April 12, 2021, 04:11:17 AM
Though Bitcoin is quite complicated and yes it is not easy to understand specially those who are new to this kind of system, and its also hard to explained to those whoa re not used to it either but for those who are really interested and have the patient to dig in to study more about it soon they will understand it, they will get the information they needed and can get along with other things related to it. I Believe there are many site to go to if you really want to know about bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: ropyu1978 on April 12, 2021, 05:07:05 AM
everything will be difficult if we want to learn and understand what we want to learn. but if we want to learn, God willing, everything will be easy. Likewise, we learn bitcoin sooner or later we can. As long as there is a will there is a way. especially now. already assisted with technology. God willing, the difficult will feel easy.


Title: Re: Is bitcoin difficult to understand
Post by: Ebede on April 12, 2021, 06:24:12 AM
Is true that Bitcoin is very difficult to understand without learning the primary things that's involves in Bitcoin, myself since I joined the forum last year I have been trying severally to understand Bitcoin scenario but I find it difficult just of recent i understand the basic things of Bitcoin, what I know is that to understand bitcoin very simple is with the help of bitcointalk community, and we can study Bitcoin very well.


Title: Re: Is bitcoin difficult to understand
Post by: maye5104 on April 12, 2021, 06:41:47 AM
There are a lot of worthy books for those people who want to understand Bitcoin like "Mastering Bitcoin", "Cryptocurrency" and "Bitcoin From Beginner to Expert".


Title: Re: Is bitcoin difficult to understand
Post by: MIner1448 on April 12, 2021, 08:29:30 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
Bitcoin really does not understand, because this is its concept of creation in my opinion, it has more questions than answers. Everyone is attracted by this, his secret of the creator and in general his origin, what can I say about the creator, whom no one has seen.


Title: Re: Is bitcoin difficult to understand
Post by: Kamarah on April 12, 2021, 08:56:45 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
Bitcoin is not really confusing. If you are passionate about and want to invest in bitoin, you will have a lot of ways to learn. You can read specialized electronic books. Or learn through media, social networks. You can learn from people who have joined Bitcoin. Their very valuable sharing that are real things they have experienced. I appreciate those experiences. Learn carefully before entering the electronic money market. Large profits but great risks.


Title: Re: Is bitcoin difficult to understand
Post by: Reatim on April 12, 2021, 09:02:34 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
Bitcoin is not really confusing. If you are passionate about and want to invest in bitoin,
It is not about passion but instead this is about knowledge and understanding.
Quote
you will have a lot of ways to learn. You can read specialized electronic books. Or learn through media, social networks.
Yeah that's great advise , Social media is open more now and almost everything that we wanted to know is there, but of course there are still bad elements that we must prevent to engage.
Quote
You can learn from people who have joined Bitcoin. Their very valuable sharing that are real things they have experienced. I appreciate those experiences. Learn carefully before entering the electronic money market. Large profits but great risks.

Lol This forum is the best teacher , Ask everything here and check for the correct and best answers.


Title: Re: Is bitcoin difficult to understand
Post by: giantrobot on April 15, 2021, 12:22:52 PM
You are living in a modern technology meeting 4.0 so I find out about Bitcoin very easily. You can search on social networks There are many articles about Bitcoin to choose from. Or you can buy a book about Bitcoin in any bookstore. Or you can chat with someone who knows about Bitcoin they will convey your knowledge. Learn Bitcoin to invest in enrichment. What do you think about this issue?


Title: Re: Is bitcoin difficult to understand
Post by: online73 on April 15, 2021, 12:44:08 PM
Hello everybody. There is no particular secret here - a purely technical understanding is available mainly to programmers, but mostly people in this cryptocurrency market are interested in the financial component of understanding Bitcoin. It is clear that without basic knowledge of cryptocurrency, you will not earn much even on speculation, but you can always get answers to the main points and questions on this forum. The road is mastered by a pedestrian - to understand, you need to make at least some effort. I am not a professional trader, but I even understand that the bitcoin price chart moves mainly according to a certain algorithm. It is clear that it is impossible to know everything, otherwise everyone here would be millionaires. I also believe that in bitcoin trading 80 percent - stress tolerance and psychology are important, even if you are a PhD in math, there will be no success in cryptocurrency without constant endurance.


Title: Re: Is bitcoin difficult to understand
Post by: big kid on April 15, 2021, 12:58:37 PM
Nothing is too difficult if you really want to learn about something. I was a little scared when i purchased BTC first time but then i learned a lot about it and glad that I did it.


Title: Re: Is bitcoin difficult to understand
Post by: amihada on April 15, 2021, 01:18:03 PM
there are many ways to explore knowledge about bitcoin, now it is sophisticated, open Google, there must be a lot of discussion about bitcoin as long as there is a will, I am sure it is fast to find out bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: Rana590 on April 15, 2021, 04:03:16 PM
there are many ways to explore knowledge about bitcoin, now it is sophisticated, open Google, there must be a lot of discussion about bitcoin as long as there is a will, I am sure it is fast to find out bitcoin.
Actually it needs to work through bitcoin. Bitcoin isn't a complected thing. Anyone can gather knowledge about bitcoin and other crypto currency. By born, people don't learn everything. We have to understand by familiar with it.


Title: Re: Is bitcoin difficult to understand
Post by: famososMuertos on April 15, 2021, 05:42:58 PM
there are many ways to explore knowledge about bitcoin, now it is sophisticated, open Google, there must be a lot of discussion about bitcoin as long as there is a will, I am sure it is fast to find out bitcoin.

It is easy! bitcoin is a currency that allows the exchange between two people, a simple p2p ...-/1/-

When bitcoin is consolidated or let's say the adoption is massive, people will forget the technicality of bitcoin and will be 100% operational.

What happens with current banking or traditional banking(!?) you don't see anyone asking what traditional banking supports, how a transfer works, etc.

Actually, before learning advanced concepts of bitcoin, the first thing to do with those people who want to discuss bitcoin, is to correctly explain what you know of your bank or what you think you know of your bank and contrast the benefits of bitcoin...

... but people are so ignorant of how traditional banking works that they really ignore the disadvantage that exists, even things as simple as blatant account maintenance fees, transfer fees, consultation fees, how they take your money and reinvest it at rates of loan "sharks" reimbursement.

The above is only a small section, but concepts such as custody, decentralization, etc. should be explained within what people "could" know about traditional banking, but many of these people do not understand traditional banking in its technicality only It is interesting for they to be operational... so the explanation of bitcoin in its global concept seems to them a unicorn.

So please don't take it "ambiguous" is what I understand in your answer with ... "now it is sophisticated, open Google,"

-/1/-: "Bitcoin is an innovative payment network and a new kind of money"
Source:https://bitcoin.org/en/

Let's not be so sophisticated or just try to solve with "open Google" we can start with something simple and so simple like a link that really helps to understand bitcoin with the basics and if you want to become an expert in bitcoin/Bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: coupable on April 15, 2021, 05:50:22 PM
In its earliest days, it was almost impossible for ordinary peoples to understand and use bitcoin. Nowadays, it's easy to use, however, it's still difficult to understand the technology itself. At the same time, i think it's not necessary for people to understand the code behind bitcoin in order to use it .


Title: Re: Is bitcoin difficult to understand
Post by: Alanaz on April 15, 2021, 06:30:51 PM
At first it was difficult to study the world of cryptocurrency when we first started struggling in this field. and this I feel myself because when I saw bitcoin I was immediately interested but did not understand the basics of the crypto world itself.
but for now it is actually very easy when we are serious about wrestling with this world (Crypto World) a lot of discussions about crypto and bitcoin start from articles, videos etc. and in this forum there is actually a lot of knowledge that we can take, especially in bitcoin.
it depends on the person who wants to learn it, whether it is really true or just following the trend.


Title: Re: Is bitcoin difficult to understand
Post by: boyptc on April 15, 2021, 09:38:56 PM
In its earliest days, it was almost impossible for ordinary peoples to understand and use bitcoin. Nowadays, it's easy to use, however, it's still difficult to understand the technology itself. At the same time, i think it's not necessary for people to understand the code behind bitcoin in order to use it .
Yup.

The code or technicalities, everyone don't have to dive in if they're buying bitcoin as an investment. They only have to understand common terms and important details like wallets and addresses.

But as time passes, a newbie investor will eventually learn those things and it's up to them to dig to know more about the complicated knowledge and information about it.


Title: Re: Is bitcoin difficult to understand
Post by: Dannaey on April 19, 2021, 05:44:57 PM
Bitcoin is hard to understand for those people who are not tech-savvy. Of course, they won’t be able to adapt easily. Bitcoin was invented to improve our lives, but then this high technology is not that user-friendly from the point of view of those in the Xennial generations.


Title: Re: Is bitcoin difficult to understand
Post by: romero121 on April 19, 2021, 06:03:59 PM
Bitcoin is hard to understand for those people who are not tech-savvy. Of course, they won’t be able to adapt easily. Bitcoin was invented to improve our lives, but then this high technology is not that user-friendly from the point of view of those in the Xennial generations.
Bitcoin isn't hard to understand, it completely depends on the person briefing it or the article which the user take for knowledge grasping. Another thing there is difference between BlockChain and Bitcoin. We need to be clear about it, Bitcoin and blockchain are tied together. We can have a book for BlockChain and not for cryptocurrencies.


Title: Re: Is bitcoin difficult to understand
Post by: Gamerholic on April 19, 2021, 06:30:07 PM
If you look back and look at the path that bitcoin has traveled from the beginning, that is, from the first block chains and look at what the community has become during this time and what the market has become, you can understand that this path is impressive in its events, milestones and, most importantly, quite lengthy. time. For such a period, any person who would be interested in what it is and how it works would have already become an expert. We can find such a huge array of blockchain information on the Internet today. It is surprising that something is still incomprehensible to someone.


Title: Re: Is bitcoin difficult to understand
Post by: dbkeys on April 19, 2021, 06:42:17 PM
The bitcoin blockchain is an accounting book. New pages (blocks) are added approximately every 10 minutes. These pages have the transactions, where one account pays a certain number of coins to another account.  Miners are the ones who get to add new pages to the accounting book; if they win the competition to be the one that adds the next page, they are rewarded by being allowd to create some new bitcoins for themselves on that page. That is now 6.25 bitcoins (it goes down by 1/2 every 4 years).


Title: Re: Is bitcoin difficult to understand
Post by: ECOS_CloudMining on April 22, 2021, 08:25:37 AM
Today, after 11 years of BTC life, there are a lot of different books, films, articles about crypto. That’s good because many people really don’t completely understand the role of crypto in the modern world and the possible future of digital currency. When the speech is about the films, we memorize the first video about BTC by Stefan Thormas. Also you can read helpful articles and guides on the blog at our website.


Title: Re: Is bitcoin difficult to understand
Post by: CLS63 on April 22, 2021, 09:29:19 AM
Bitcoin is hard to understand for those people who are not tech-savvy. Of course, they won’t be able to adapt easily. Bitcoin was invented to improve our lives, but then this high technology is not that user-friendly from the point of view of those in the Xennial generations.

I agree with you. Especially old people who are living really isolated from new technologies have big problems on understanding it. Bitcoin has a totally different technology behind it and it is different from fiat money in many ways.


Title: Re: Is bitcoin difficult to understand
Post by: iTradeChips on April 22, 2021, 10:51:46 AM
If you are going to ask me, I find it difficult to understand the workings of Bitcoin at first. Especially not without anything like a manual or video that would explain how it works. Even if I watch a youtube video or two about Bitcoin, I still won't understand the workings of it. Only with constant dealing with other people and also doing Bitcoin bounties, downloading wallets, and doing Bitcoin yourself sending and receiving transactions, that you will slowly understand how it works.


Title: Re: Is bitcoin difficult to understand
Post by: NelfiNovita on April 22, 2021, 03:54:43 PM
for beginners it may be difficult to understand cryptocurrencies. beginners must have a teacher to guide them to quickly understand crypto currencies, especially bitcoin, if they are not guided, I am afraid they are wrong in acting and they will experience a little loss and can experience very much loss.


Title: Re: Is bitcoin difficult to understand
Post by: geegaw on April 22, 2021, 04:32:52 PM
If you are going to ask me, I find it difficult to understand the workings of Bitcoin at first. Especially not without anything like a manual or video that would explain how it works. Even if I watch a youtube video or two about Bitcoin, I still won't understand the workings of it. Only with constant dealing with other people and also doing Bitcoin bounties, downloading wallets, and doing Bitcoin yourself sending and receiving transactions, that you will slowly understand how it works.
Indeed, the idea of a system that is quite independent of banks and governments but it is impossible to understand what resources can sustain the life of this technology, a lot of questions arise as soon as we know about bitcoin. Finally, a synthesis of knowledge over time, the concepts of bitcoin just need a basic level, it is important that we understand how to make a profit by investing and trading between projects, deeper concepts of a modern system with bitcoin are unnecessary as it does not support us here


Title: Re: Is bitcoin difficult to understand
Post by: izsara on April 22, 2021, 04:40:12 PM
bitcoin is arguably difficult but easy.
It is difficult when we are not careful in analyzing the chart, moreover, many people are just starting to learn cryptocurrency and immediately analyze it, it feels difficult because they are not yet experienced and do not know more about bitcoin.
but on the other hand it will be very easy when we have started to really know bitcoin by knowing how coins work and how charts so it is very easy to open positions in trading.
should be before we plunge directly into the analysis of charts and others we should first study properly because this is one of the easiest options so as not to suffer losses


Title: Re: Is bitcoin difficult to understand
Post by: ampu on April 22, 2021, 04:54:51 PM
Safemoon is a phenomenon on the BSC and it has made many people rich. Projects starting from 'Safe' have been mimicking the trend when there is SafeBNB, SafeBTC ... These cryptocurrencies are very new, have the same Base token mechanism, the number of tokens created is huge and valuable for each token is very low. That is the reason why their value increases rapidly, making people not notice the zeros after the diacritics have been narrowed.


Title: Re: Is bitcoin difficult to understand
Post by: Desmong on April 22, 2021, 05:00:07 PM
Learning about bitcoin and the entire crypto currencies shouldn't be a difficult thing. You can always get materials like free and paid pdf online inwhich you can read.


Title: Re: Is bitcoin difficult to understand
Post by: DarkDays on April 22, 2021, 05:02:14 PM
In its earliest days, it was almost impossible for ordinary peoples to understand and use bitcoin. Nowadays, it's easy to use, however, it's still difficult to understand the technology itself. At the same time, i think it's not necessary for people to understand the code behind bitcoin in order to use it .
I agree. For normal people, Bitcoin can be difficult to understand despite all of the information out there. In fact what makes it difficult is because there are too many resources (some not legit) and it will be difficult to choose those that are legit.

Another reason is that people could easily fall prey to scammers. So, unless these people have some one close to learn from it would be difficult.


Title: Re: Is bitcoin difficult to understand
Post by: Myleschetty on April 22, 2021, 06:05:32 PM
Learning about bitcoin and the entire crypto currencies shouldn't be a difficult thing. You can always get materials like free and paid pdf online inwhich you can read.
You're right but the mathematical aspect of the mining and in-depth knowledge of cryptocurrency without having some knowledge in coding or cryptograph is very difficult to understand and I believe this is what the OP is trying to point out.


Title: Re: Is bitcoin difficult to understand
Post by: Alanaz on April 22, 2021, 06:22:00 PM
if we are serious about bitcoin, it is not as difficult as imagined, it is very confusing at first, but if we are serious, it can be done. This is according to my personal experience because the first time I knew crypto was bitcoin at first and I thought for the first month to delve into it it was very difficult and I did not understand at all. but after I studied it earnestly it turned out not to be as difficult as I thought. just need diligent process and learning


Title: Re: Is bitcoin difficult to understand
Post by: Gamerholic on April 22, 2021, 06:55:42 PM
Education and understanding of blockchain technology is very important for the entire market and the further growth of the community. For a long time and until now, this area in the understanding of the mass of people is the lot of programmers or some people associated with the world of high technologies. This opinion needs to be turned around because only after most people realize the importance and benefits of bitcoin and alternative cryptocurrencies, the attitude towards it will change. We need educational programs designed for the mass consumer and ordinary users.


Title: Re: Is bitcoin difficult to understand
Post by: coupable on April 22, 2021, 10:01:54 PM
Another reason is that people could easily fall prey to scammers. So, unless these people have some one close to learn from it would be difficult.
Another great factor that leads people to fall into scams, is when they haven't someone close to learn from it, they also haven't the ability to make a web search and look for trusted docs/references to learn from. Most of them, at better cases, follow videos in youtube and as we all know youtube isn't a reliable source .
To resume, bitcoin is not easy to be understood by everybody but it's also not that difficult to get familiar with .


Title: Re: Is bitcoin difficult to understand
Post by: Quidat on April 22, 2021, 10:07:00 PM
In its earliest days, it was almost impossible for ordinary peoples to understand and use bitcoin. Nowadays, it's easy to use, however, it's still difficult to understand the technology itself. At the same time, i think it's not necessary for people to understand the code behind bitcoin in order to use it .
I agree. For normal people, Bitcoin can be difficult to understand despite all of the information out there. In fact what makes it difficult is because there are too many resources (some not legit) and it will be difficult to choose those that are legit.

Another reason is that people could easily fall prey to scammers. So, unless these people have some one close to learn from it would be difficult.
Not really that difficult because if you do just simply tell about the basics about payment system it isnt really that hard to understand even explaining it on a highschooler
would really be enough for them to gets on what that certain person is explaining about bitcoin but well you are definitely right that not all would really be that able to
cope up easily no matter how you do explain to them even with the basics.Its understandable that it would be more harder if you do explain about technicality
even myself do still have some things that doesnt able to know behind.


Title: Re: Is bitcoin difficult to understand
Post by: CaCO3 on April 22, 2021, 11:26:24 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
I did not understand your words clearly.  But as far as I understand you might want to say how can people know about bitcoin?  And how to give people the knowledge of Bitcoin.  My advice here would be, if you really want to know better about Bitcoin then you have to spend a lot more time on the internet.  You can go to different cryptocurrency sites and read their best articles.  There are many books available on cryptocurrency today from which you can get a good idea.  You can read this book "The Internet of Money"


Title: Re: Is bitcoin difficult to understand
Post by: cydrix on April 23, 2021, 12:16:21 AM
No it isn't difficult to understand if it's just sending money and receiving it you it's just like your typical currency but with a twist it has your security and anonymity at the same time. Mesning your money is safe as long as you keep your private keys or account privately. You can also track your transactions in the web just search it. There are also so many exchange where you can buy your coins and you can just hold it for the meantime and sell if you profited or you need money or something. In speculating the price of it that where it kinds of get difficult because it's so volatile that it can rose exponentially or lose rapidly up to your choice mate.


Title: Re: Is bitcoin difficult to understand
Post by: hector3115 on April 23, 2021, 01:51:25 PM
Isn't there a book crypto for dummies, or something like that?


Title: Re: Is bitcoin difficult to understand
Post by: blackened515 on April 23, 2021, 06:07:11 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

Bitcoin is not as difficult as we thinks. Is usually difficult the first time one get into it, because we get to learn new things, hear new words. So it can lightly be difficult but as time goes on, you understand it more. All that is require of you is total submission and dedication toward it. With this, is won't be difficult.

Nevertheless, you can't basically understand all  aspect of it, just focus on the important ones. For example, buying and selling of bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: raji1995naya on May 15, 2021, 08:32:30 PM
It's tough if we aren't careful while examining the chart; also, many people are just learning cryptocurrency and are studying it right away, which makes it harder because they aren't yet seasoned and don't know much about bitcoin. However, after we have begun to truly understand bitcoin by understanding how coins function and how charts function, it will be incredibly simple to operate.


Title: Re: Is bitcoin difficult to understand
Post by: fielkun on May 16, 2021, 03:31:18 AM
I believe, anyone making a decent effort into understanding Bitcoin and the technology around it can understand and grasp it if he or she is willing to let go of conventional notions of how finance itself is meant to be.


Title: Re: Is bitcoin difficult to understand
Post by: lunaBTC 12 on May 29, 2021, 03:14:03 AM
In my opinion, most of the things are not difficult, just to see if you go to the heart to understand and learn.

If you are interested in BTC and cryptocurrency, you will know what BTC stands for after a period of time; On the contrary, if you are not interested and don't understand, it is obscure to you.

I like BTC. It's not just a part of income. It's also indispensable like water.


Title: Re: Is bitcoin difficult to understand
Post by: Xinarae* on May 29, 2021, 03:29:15 AM
Learning about bitcoin and the entire crypto currencies shouldn't be a difficult thing. You can always get materials like free and paid pdf online inwhich you can read.
You're right but the mathematical aspect of the mining and in-depth knowledge of cryptocurrency without having some knowledge in coding or cryptograph is very difficult to understand and I believe this is what the OP is trying to point out.
You can learn a lot about crypto by analyzing the market properly it will be more effective to visit the forum sites online. Here is a lot of information about bitcoin in a beautiful way you need to know about crypto first you have to follow the charts to understand the difference between its currencies many people can also learn about bitcoin by watching videos on youtube. There is no problem here it will depend on your skills.


Title: Re: Is bitcoin difficult to understand
Post by: Mr.sprin on May 29, 2021, 05:23:10 AM
everyone is interested in crypto because in crypto there are many people who make big profits, so everyone is interested in plunging into the world of crypto. For beginners I don't think it's difficult to understand crypto because now on Google there is a lot of discussion material about crypto as long as don't be lazy to read and follow crypto developments so you will quickly understand about crypto.


Title: Re: Is bitcoin difficult to understand
Post by: Joshua01 on May 29, 2021, 06:42:20 AM
Have you heard of Bitcoin?

If the answer is yes, then you are really lucky. If someone around you knows a little bit of Bitcoin, then you can ask him if he has the time and is willing to talk to you.

Many people don't understand Bitcoin and feel that it is too fictitious and seems worthless. This is wishful thinking. If you don’t understand and don’t want to understand, it doesn’t mean it is worthless.

The reason you can't understand it is because it is completely different from what you have known before.


Title: Re: Is bitcoin difficult to understand
Post by: shadow123 on May 29, 2021, 09:36:16 AM
Yes. But if we try to understand it using past it will not difficult. Many newbies just come and trade crypto currencies including bitcoin. But it is not the right way. first we have to learn it properly.


Title: Re: Is bitcoin difficult to understand
Post by: Obito on May 29, 2021, 12:28:32 PM
If you are starting, don't try to take all the knowledge all at ones because there will be an information overload which is going to make the understanding of bitcoin much more difficult since you aren't concentrating on one subject which leads to confusion.


Title: Re: Is bitcoin difficult to understand
Post by: ropyu1978 on May 29, 2021, 01:55:00 PM
If you are starting, don't try to take all the knowledge all at ones because there will be an information overload which is going to make the understanding of bitcoin much more difficult since you aren't concentrating on one subject which leads to confusion.
Thank you for your input, buddy, maybe at first it will feel difficult, because we are new to bitcoin, but if we keep trying to learn all of that I am sure it will be easy even though there are many obstacles and obstacles, but if we are serious we can ,, I think seniors will definitely guide us through hard times ..


Title: Re: Is bitcoin difficult to understand
Post by: acener on May 29, 2021, 05:02:13 PM
It isn't hard to understand at all they just need time to study it but knowing how to use it only takes a couple of minutes at all (Send, Receive,Buy and even Sell).
To be honest I only know little about it,
Max supply cap, how to use it, How does the price determined (Supply and demand), It is all that I need to know to use it so I didn't dig any deeper since I am not really tech savvy kind of person.


Title: Re: Is bitcoin difficult to understand
Post by: Mahanton on May 29, 2021, 05:52:18 PM
It isn't hard to understand at all they just need time to study it but knowing how to use it only takes a couple of minutes at all (Send, Receive,Buy and even Sell).
To be honest I only know little about it,
Max supply cap, how to use it, How does the price determined (Supply and demand), It is all that I need to know to use it so I didn't dig any deeper since I am not really tech savvy kind of person.
Even  a gradeschooler or in highschool students on where understanding bitcoin wouldnt really be that difficult and some mix up with your own common sense then you can eventually learn on what is all about.
It is just there are really some people who arent really that serious on learning up things which would causes for them to lose up the opportunity that it could possibly give.
Bitcoin isnt really hard to understand because understanding the basics on how decentralized payment works then you do know on whats the overall concept.
If you do want to learn then you should at least consider on doing your homework.


Title: Re: Is bitcoin difficult to understand
Post by: Jazzi Mahesh on May 29, 2021, 06:22:32 PM
Well, these are usually the most difficult parts of Bitcoin that you need to explain to somebody new to Bitcoin.
Of course there are the technical aspects that are hundreds of times more difficult to understand than this simple resume, but then you need to study programming, cryptography, economy and probably some politics as well.


Title: Re: Is bitcoin difficult to understand
Post by: Erdogan on May 30, 2021, 01:46:01 AM
I don't think it's difficult to understand bitcoin rather it's a different type of understanding. If you spend some time, you can grab the core concepts of bitcoin and other cryptos. There are tons of videos about crypto on YouTube where one can easily learn n get started with bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: Lordhermes on May 30, 2021, 06:37:45 AM
Bitcoin can seem to be difficult the first time you gets into it. For example, when I first got into the cryptocurrency world, if wasn't that easy for me to understand some things. But, I did my research on Bitcoin, reading articles about Bitcoin and other cryto. YouTube videos about Bitcoin and other cryptocurrency also helped me a lot.
Nevertheless, when you get into the Cryptocurrency community, you start to understand it bit by bit.


Title: Re: Is bitcoin difficult to understand
Post by: noah tall on May 30, 2021, 08:06:05 AM
i am totally disagree with this that bitcoin is difficult to understand, its very easy to understand bitcoin and cryptocurrency if you have interest , and there are so many decent books to understand bitcoin and cryptocurrency, Also, the difficulty of understanding Bitcoin and cryptocurrencies completely depends on what you actually trying to understand and how many you taking interest to understand.


Title: Re: Is bitcoin difficult to understand
Post by: liao chandra on May 30, 2021, 02:57:37 PM
this is because there are still many people who have not analyzed the blockchain technology in bitcoin.  But over time people will realize that bitcoin is amazing.  So we need to be patient and continue to believe in the future of bitcoin.


Title: Re: Is bitcoin difficult to understand
Post by: skpanchal on May 30, 2021, 03:20:00 PM
Cryptocurrency difficulty is a parameter that bitcoin and other cryptocurrencies use to keep the average time between blocks steady as the network's hash power changes. Cryptocurrency difficulty is important since a high difficulty can help secure the blockchain network against malicious attacks


Title: Re: Is bitcoin difficult to understand
Post by: herurist on May 30, 2021, 06:58:45 PM
in fact if we start from the basics it is very difficult because we do not yet understand exactly what bitcoin is. but for those who are used to it and have been in bitcoin for a long time, everything will be normal.
what is really needed is to learn first in understanding about bitcoin as well as how bitcoin works. but this important point is sometimes forgotten by everyone so that they immediately jump into bitcoin following those who are already senior but do not understand the policy.
This is what makes bitcoin difficult for some people


Title: Re: Is bitcoin difficult to understand
Post by: Magical Bitcoin on May 31, 2021, 06:26:45 AM
You need to study hard to understand everything.

Some things may be learned through a short period of study, obviously cryptocurrency and bitcoin are not.

 They need to learn for a long time. It's very easy to trade with bitcoin, but it's just to transfer bitcoin from one address to another.

It's hard to really understand the industry if you don't spend time.


Title: Re: Is bitcoin difficult to understand
Post by: Tumanggor on May 31, 2021, 08:26:43 AM
You need to study hard to understand everything.

Some things may be learned through a short period of study, obviously cryptocurrency and bitcoin are not.

 They need to learn for a long time. It's very easy to trade with bitcoin, but it's just to transfer bitcoin from one address to another.

It's hard to really understand the industry if you don't spend time.
reading the wiki about Bitcoin and its history and even seeing a  video about Bitcoin on youtube will definitely make us understand Bitcoin

It's not easy to understand about Bitcoin but that doesn't mean it's difficult to understand
someone who doesn't want to spend his/her time on something new that he/she wants to learn will never be able to understand Bitcoin




Title: Re: Is bitcoin difficult to understand
Post by: ARTURVHt on May 31, 2021, 09:12:13 AM
As long as you study Bitcoin patiently and don't have a utilitarian heart, it is not difficult for him to understand. You must have confidence in Bitcoin and firmly believe that the Bitcoin market will always be full of vitality.


Title: Re: Is bitcoin difficult to understand
Post by: btc-room101 on May 31, 2021, 09:19:50 AM
As long as you study Bitcoin patiently and don't have a utilitarian heart, it is not difficult for him to understand. You must have confidence in Bitcoin and firmly believe that the Bitcoin market will always be full of vitality.

There's that religious BS about bitcoin again 'Trust-US", you know the founder said "Trust-Less"; Trust Jesus, let go & believe in BITCOIN

There are two sides of BITCOIN understanding

1.) Understanding the C++ Bitcoin core software, lots of hardwork, but so what right? If you understand this, if you got 10+ years coding C++ under your belt, no problem.

2.) Understanding the pump&dump post 2014 arse-holes that came into bitcoin, and created this 'get rich quick' monster BS

Now what is the OP talking about when he says' "DONT UNDERSTAND"? Hell by 2014 any high-school kid could bake a BTC clone with the open-source. Just change a few names with an awk-script, recompile, and BINGO, this is how Buterin created Ethereum.

I think the problem here is when they say you don't 'understand'  they mean you don't understand the bullshit that goes into believing mythology bull-crap that goes along with believing HODL, and all the shit-coin narratives that came from the con-men.

#1 above is easy, if your a professional CS person, you can grasp bitcoin.

#2 you don't need #1, you just need to spread the good word aka 'talk shit' and influence others to join the bitcoin ship to hell, bitcoin is a religious cult, pure & simple, what's to understand?


Title: Re: Is bitcoin difficult to understand
Post by: jellylily on May 31, 2021, 09:36:08 AM
At the beginning of my contact with Bitcoin I think it is very difficult to understand, because it is completely different from the current fiat currency system, breaking people's traditional ideas, for me, the best entry level method is to see the white paper written by Satoshi Nakamoto.


Title: Re: Is bitcoin difficult to understand
Post by: mrongoz22 on May 31, 2021, 02:04:12 PM
in fact if we start from the basics it is very difficult because we do not yet understand exactly what bitcoin is. but for those who are used to it and have been in bitcoin for a long time, everything will be normal.
what is really needed is to learn first in understanding about bitcoin as well as how bitcoin works. but this important point is sometimes forgotten by everyone so that they immediately jump into bitcoin following those who are already senior but do not understand the policy.
This is what makes bitcoin difficult for some people
I totally agree with your opinion, if we want to learn about bitcoin, we have to learn from the basics, don't invest right away, follow as our seniors do, everything will be easy if we believe, but it will be difficult if we are not serious about learning bitcoin ..
the more we ask the seniors, the easier it will be for us to get to know bitcoin..


Title: Re: Is bitcoin difficult to understand
Post by: iTradeChips on May 31, 2021, 02:39:49 PM
If we are going to give ourselves time to at least learn the basics of Bitcoin and cryptocurrency, then we should be able to learn many things about the technology and the how to's of cryptocurrency. I mean we are all here to somehow try to change our lives for the better. So I think all of us, in one way or another, will be obliged to learn about the technology. I mean if others can do it, why can't we, right? All it needs is a little reading and checking on social media and then some DYOR.


Title: Re: Is bitcoin difficult to understand
Post by: jesselui on May 31, 2021, 02:39:58 PM
Absolutely I agree. In particular, such educational books should be read to state officials. Cryptocurrencies will affect our lives more in the future. I hope I can get this book somewhere and read it.


Title: Re: Is bitcoin difficult to understand
Post by: Golftech on May 31, 2021, 02:43:44 PM
in fact if we start from the basics it is very difficult because we do not yet understand exactly what bitcoin is. but for those who are used to it and have been in bitcoin for a long time, everything will be normal.
what is really needed is to learn first in understanding about bitcoin as well as how bitcoin works. but this important point is sometimes forgotten by everyone so that they immediately jump into bitcoin following those who are already senior but do not understand the policy.
This is what makes bitcoin difficult for some people
I totally agree with your opinion, if we want to learn about bitcoin, we have to learn from the basics, don't invest right away, follow as our seniors do, everything will be easy if we believe, but it will be difficult if we are not serious about learning bitcoin ..
the more we ask the seniors, the easier it will be for us to get to know bitcoin..

It's a must to learn the basic first before you place your money inside any industry, Bitcoin is here for

us to learn and for us to enjoy the usages, not just for investment but also for good alternative for

our payment process, take time to research and review future will good enough for your investment journey.


Title: Re: Is bitcoin difficult to understand
Post by: dimox on May 31, 2021, 03:20:12 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

they need teacher to understand what cryptocurrent is. and more difficult if you talk with older, sometimes they have their own way to find that bitcoin is just bullshit.
younger, can be manipulate if you show how much income you get there. but, sometime, you will find that difficult because of lack of knowledge. so many people never follow about technology advances.
if you give them book, im not sure if they will read it, and when they dont get the point. sometimes, desire is needed than forcing people to know but techology.


Title: Re: Is bitcoin difficult to understand
Post by: Barry Mantle on June 01, 2021, 01:02:43 AM
It was the first time I learned about Bitcoin from a friend. It was the first period of Bitcoin's skyrocketing. It skyrocketed from US$13 to US$1,000 in a year. This investment efficiency is simply the greatest miracle of this century. We all think it is 90. After the last chance to get rich. In the next few days, my friend and I specialized in learning about blockchain and Bitcoin. A week later, we concluded that "blockchain may represent the future, but Bitcoin will return to zero sooner or later. I didn't care about digital currency until 2021. I accidentally saw a news one month ago that Bitcoin has risen from US$10,000 to US$40,000 in the last three months. How ignorant I was at the beginning, haha.


Title: Re: Is bitcoin difficult to understand
Post by: btc-room101 on June 01, 2021, 02:41:10 AM
At the beginning of my contact with Bitcoin I think it is very difficult to understand, because it is completely different from the current fiat currency system, breaking people's traditional ideas, for me, the best entry level method is to see the white paper written by Satoshi Nakamoto.

Clarification the 'white paper' was written in 1997 by BIS/IMF and called "How to build a digital bank"


The question begs to be asked, why didn't NAkamotoSatoshi (NSA) cite the 99% basis of his white paper? He doesn't even mention the mother paper, yet its 99% the same exact material, the only new was the solution to the double-spending problem.


Title: Re: Is bitcoin difficult to understand
Post by: ropyu1978 on June 02, 2021, 02:36:21 AM
everyone started to panic, some even suffered heavy losses, with prices falling badly, elo n musk tweets, tesla doesn't accept bitcoins, china banned bitcoin mining, iran also banned bitcoin mining, made some people start panicking, and started selling their valuable assets, and suffer great losses,


Title: Re: Is bitcoin difficult to understand
Post by: the rise on June 02, 2021, 03:47:47 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

I think because they learned too much theory about bitcoin. But that's not an effective way to get to know bitcoin. I myself never learned about bitcoin theory, I just knew that bitcoin can make money, after which I myself enjoyed getting to know things, such as history, mining, trading, economics,technology, finance. It's all on bitcoin. I hope those who are new come in touch with cryptocurrency soon so that they learn better.


Title: Re: Is bitcoin difficult to understand
Post by: the rise on June 02, 2021, 04:17:58 AM
With my experience learning it’s quite obvious that it’s a simple concept to understand if you take time learning about it and not rushing the process. We the community make it look like learning about bitcoin is a very hard thing to do and this discourage new users who would had picked interests in the currency. Sending and receiving bitcoin isn’t difficult but the other areas that are very hard to some extent.

They learned from a theory that there was no basis I think. In this case I myself am not difficult in getting to know cryptocurrency. Since we need to know what we are cryptocurrency for, I myself entered because I wanted to make money, and soon I understood about bitcoin. I think that way is better than having to learn from a lot of theories or books.


Title: Re: Is bitcoin difficult to understand
Post by: Bitcoin577 on June 04, 2021, 03:23:30 PM
Bitcoin is difficult to understand for most folks because they do not appreciate what fiat money is.

Majority of people tend to think money = notes and coins. And when their bank says they have $20,000 in the account, it means that the bank physically stores notes to that effect. In addition, a large minority actually think money is convertible to gold.

Witness how people refer to bitcoin as "virtual money", not realising that dollars and euros are equally virtual i.e. just database entries. Further, the concept that dollars in a bank account are fractional claims on database entries tracked by a central bank is as esoteric as quantum mechanics to most folks.

Therefore, Bitcoin as a distributed database tracking a new kind of money is bound to be hard to understand.


Title: Re: Is bitcoin difficult to understand
Post by: dimox on June 04, 2021, 03:37:55 PM
With my experience learning it’s quite obvious that it’s a simple concept to understand if you take time learning about it and not rushing the process. We the community make it look like learning about bitcoin is a very hard thing to do and this discourage new users who would had picked interests in the currency. Sending and receiving bitcoin isn’t difficult but the other areas that are very hard to some extent.

They learned from a theory that there was no basis I think. In this case I myself am not difficult in getting to know cryptocurrency. Since we need to know what we are cryptocurrency for, I myself entered because I wanted to make money, and soon I understood about bitcoin. I think that way is better than having to learn from a lot of theories or books.

its hard if older try to jump on this road. except, they want to learn the basic about cryptocurrent, little by little. you think you understand about bitcoin, maybe, you know how progress of life, you are up to date, know about many news information.
so, teacher is good for people that want to know about bitcoin or cryptocerrent.


Title: Re: Is bitcoin difficult to understand
Post by: terrorJR on June 04, 2021, 07:26:14 PM
there are many ways to explore knowledge about bitcoin, now it is sophisticated, open Google, there must be a lot of discussion about bitcoin as long as there is a will, I am sure it is fast to find out bitcoin.
what is wrong and is still being done today is when new people in the crypto world immediately jump into trading in bitcoin and they just follow the trend without knowing how to open positions, how to read charts and so on. they only know to buy by seeing people and participating in fomo.
it should have been like that before, at least as you said, see first or learn before going directly because nowadays there is a lot of information about bitcoin. you can even find it anywhere, whether it's in the form of articles or videos


Title: Re: Is bitcoin difficult to understand
Post by: clint25n on June 04, 2021, 07:42:08 PM
I think there have been many articles, videos, or writings on social media that have raised the theme of what bitcoin is and maybe even a lot of people in the world have made a book about it..you just have to look for it...if you search on search sites and type in what is bitcoin.. I think there are too many.. I'm sure the next generation will be much better at understanding the existing digital footprint if he or she wants to find out.


Title: Re: Is bitcoin difficult to understand
Post by: tiCeR on June 04, 2021, 10:24:55 PM
Bitcoin is difficult to understand for most folks because they do not appreciate what fiat money is.

Majority of people tend to think money = notes and coins. And when their bank says they have $20,000 in the account, it means that the bank physically stores notes to that effect. In addition, a large minority actually think money is convertible to gold.

Witness how people refer to bitcoin as "virtual money", not realising that dollars and euros are equally virtual i.e. just database entries. Further, the concept that dollars in a bank account are fractional claims on database entries tracked by a central bank is as esoteric as quantum mechanics to most folks.

Therefore, Bitcoin as a distributed database tracking a new kind of money is bound to be hard to understand.


Bitcoin is so much more than a national fiat currency could represent in the slightest. The mobility it offers and the incentive alignment of all its stakeholders is a unique architecture that no asset so far could offer.


Title: Re: Is bitcoin difficult to understand
Post by: samsul1234 on June 05, 2021, 09:43:09 AM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
hello sir, i totally agree with there, yes new people today may have to understand cryptocurrencies, even cryptocurrencies can't only be learned in 3 days or so they must really understand how cryptocurrencies work and how to understand correctly , maybe your suggestion about the crypto knowledge tome is good so people won't panic when the bitcoin price starts to drop


Title: Re: Is bitcoin difficult to understand
Post by: ArIMy11 on June 05, 2021, 12:29:36 PM

They become interested to bitcoin or crypto because they see the potential to earn big amount of money in crypto. But they have no patient to know, or read, or study what is crypto and how does it work. In school we have a lot to learn so as in crypto. We can't get all the information we need by just watching a single youtube tutorial. Me personally, I also find it hard at first because I am too lazy to read. All I want is to just depend and ask my friend but my friend stop answering my question so I have no choice but research what I need to know.


Title: Re: Is bitcoin difficult to understand
Post by: Fortify on June 05, 2021, 02:08:59 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

To be honest it was only in the last year that I got a better understanding of how the blockchain and bitcoin actually work, for about the last 5 years I've been using it with just a vague understanding. That is part of the beauty of it in a sense, that you're able to have a basic knowledge of the idea (all previous transactions can be viewed and help to form the next calculation). Every beginner can see the long history of Bitcoin, rather like the database that a bank keeps as a private ledger. Much like any investment, if you are going to put a lot of money into your bitcoin holding, it would be best to learn how it really works for your own peace of mind.


Title: Re: Is bitcoin difficult to understand
Post by: speedforce on June 06, 2021, 03:18:13 PM
Bitcoin is difficult to understand for most folks because they do not appreciate what fiat money is.

Majority of people tend to think money = notes and coins. And when their bank says they have $20,000 in the account, it means that the bank physically stores notes to that effect. In addition, a large minority actually think money is convertible to gold.

Witness how people refer to bitcoin as "virtual money", not realising that dollars and euros are equally virtual i.e. just database entries. Further, the concept that dollars in a bank account are fractional claims on database entries tracked by a central bank is as esoteric as quantum mechanics to most folks.

Therefore, Bitcoin as a distributed database tracking a new kind of money is bound to be hard to understand.


I guess yes it will be hard to understand by explaining bitcoin such that thing, i especially explain to my friend that Bitcoin is digital currency with such a cryptograhic thing and all the participant of the community will be the bank to record the transaction.


Title: Re: Is bitcoin difficult to understand
Post by: bitzizzix on June 06, 2021, 04:25:43 PM
I think bitcoin is easy to understand but difficult to explain, the best way to understand bitcoin well in my opinion is to join this forum and besides that find out accurately and positively about the understanding and workings of bitcoin through the internet which I think has a lot of information and others about bitcoin, it all depends on our intelligence in reading and assessing it.
if we do it seriously and earnestly, I think we can easily understand bitcoin very well, but never feel satisfied to keep learning and have to keep learning all about bitcoin and other cryptocurrencies and their risks.


Title: Re: Is bitcoin difficult to understand
Post by: Golftech on June 06, 2021, 04:33:34 PM
Bitcoin is difficult to understand for most folks because they do not appreciate what fiat money is.

Majority of people tend to think money = notes and coins. And when their bank says they have $20,000 in the account, it means that the bank physically stores notes to that effect. In addition, a large minority actually think money is convertible to gold.

Witness how people refer to bitcoin as "virtual money", not realising that dollars and euros are equally virtual i.e. just database entries. Further, the concept that dollars in a bank account are fractional claims on database entries tracked by a central bank is as esoteric as quantum mechanics to most folks.

Therefore, Bitcoin as a distributed database tracking a new kind of money is bound to be hard to understand.


I guess yes it will be hard to understand by explaining bitcoin such that thing, i especially explain to my friend that Bitcoin is digital currency with such a cryptograhic thing and all the participant of the community will be the bank to record the transaction.

With someone without any knowledge, explaining it that way would be very hard to understand, since they are all

using fiat and they fully understand how things works with the system that they've used to, Bitcoin is not hard to

understand for people who have time to study the fundamentals.


Title: Re: Is bitcoin difficult to understand
Post by: jinxing on June 06, 2021, 07:44:47 PM
there are many ways to explore knowledge about bitcoin, now it is sophisticated, open Google, there must be a lot of discussion about bitcoin as long as there is a will, I am sure it is fast to find out bitcoin.
what is wrong and is still being done today is when new people in the crypto world immediately jump into trading in bitcoin and they just follow the trend without knowing how to open positions, how to read charts and so on. they only know to buy by seeing people and participating in fomo.
it should have been like that before, at least as you said, see first or learn before going directly because nowadays there is a lot of information about bitcoin. you can even find it anywhere, whether it's in the form of articles or videos

it's one of the faux pas for new people by taking direct action to trade in Bitcoin without understanding how it works first. in fact Bitcoin is quite difficult to understand for those who are ignorant of this technology and do not take the time to read info about cryptocurrencies


Title: Re: Is bitcoin difficult to understand
Post by: tiCeR on June 06, 2021, 08:49:47 PM
there are many ways to explore knowledge about bitcoin, now it is sophisticated, open Google, there must be a lot of discussion about bitcoin as long as there is a will, I am sure it is fast to find out bitcoin.
what is wrong and is still being done today is when new people in the crypto world immediately jump into trading in bitcoin and they just follow the trend without knowing how to open positions, how to read charts and so on. they only know to buy by seeing people and participating in fomo.
it should have been like that before, at least as you said, see first or learn before going directly because nowadays there is a lot of information about bitcoin. you can even find it anywhere, whether it's in the form of articles or videos

it's one of the faux pas for new people by taking direct action to trade in Bitcoin without understanding how it works first. in fact Bitcoin is quite difficult to understand for those who are ignorant of this technology and do not take the time to read info about cryptocurrencies

You call it faux pas but in reality who of us is all different? ;) Trading Bitcoin has been exciting from the get go and I guess only a minority managed to fully refrain from trading while making studying Bitcoin a priority.


Title: Re: Is bitcoin difficult to understand
Post by: KennyR on June 06, 2021, 09:31:08 PM
As per my opinion Bitcoin is easy to understand, but the backing blockchain technology is quite complex for the beginners. There is misunderstanding between bitcoin and blockchain. The development of different applications have made Bitcoin transactions easier than ever. This makes easy understanding about bitcoin as a transaction source and on other needs such as trading and investing.


Title: Re: Is bitcoin difficult to understand
Post by: gundala on June 06, 2021, 10:42:32 PM
As per my opinion Bitcoin is easy to understand, but the backing blockchain technology is quite complex for the beginners. There is misunderstanding between bitcoin and blockchain. The development of different applications have made Bitcoin transactions easier than ever. This makes easy understanding about bitcoin as a transaction source and on other needs such as trading and investing.
To understand Bitcoin and Cryptocurrency in general it is needed, moreover, there are still many pros and cons in the community regarding this matter. This is also still a new and not quite common in the community.

In order not to be affected by issues or negative rumors, we should read a lot from trusted and neutral sources. I like reading technical things related to Crypto from articles published on the Coindesk and Binance website. It's a good idea to join the Crypto Community in your city, this is very good for building a positive circle and learning directly from other more experienced friends.


Title: Re: Is bitcoin difficult to understand
Post by: SaShiRaJaVu on June 06, 2021, 11:41:22 PM
As per my opinion Bitcoin is easy to understand, but the backing blockchain technology is quite complex for the beginners. There is misunderstanding between bitcoin and blockchain. The development of different applications have made Bitcoin transactions easier than ever. This makes easy understanding about bitcoin as a transaction source and on other needs such as trading and investing.
You basically do not need to understand the working of Bitcoin to use them, all you need is the user friendly front end wallets that will not confuse people and if they get that then everyone will be trying their luck in the market. First and foremost they need to learn about securing the wallets and select their perfect wallet and then the next hurdle is to find the suitable exchange and if they can do that then it is not even difficult.


Title: Re: Is bitcoin difficult to understand
Post by: Woodie on June 06, 2021, 11:48:41 PM
It depends who you ask, the younger guys will certainly say something like it's the new digital gold which is an equivalent to fiat while the older generation might not have an idea about it but of course with a little explanation they will catch on,but with some  extra patience because the topic of bitcoin sounds like a ponzi when you explaining it to someone.


Title: Re: Is bitcoin difficult to understand
Post by: genolica on June 07, 2021, 05:48:31 AM
Nothing is difficult to understand really, if you point yourself in the right direction of your learning ways and habits.

Anyway, bitcoin is just easy to understand, considering an overview of its whole concept and how is it used can be explained even in just layman's terms.

https://bitcoin.org/ provides excellent informative blogs, videos, articles etc. that does the job for an average person who can and want to understand the concept of bitcoin. It does not just limits you to understanding BTC itself, but it takes you closer to the understanding of how cryptocurrency works, especially now that alternate cryptocurrency coins are spawning all over the blockchain universe. Especially in these times of people just sitting around with their computers and devices the whole time, it is an obvious path of opening new doors and opportunities for cryptocurrency and blockchain to be more popular, considering online economy movements is dominating today.


Title: Re: Is bitcoin difficult to understand
Post by: kojektea on June 07, 2021, 06:07:56 AM
Bitcoin theory is too broad, I myself did not learn through books or theory even history, I immediately wanted to get bitcoin and wanted to know the benefits, many people are confused with bitcoin , on the other hand people are also terrorized by fud news of people who want bitcoin broken. It disturbs them in knowing bitcoin, only a few people manage to get to know cryptocurrency. In fact it happened in my neighborhood.


Title: Re: Is bitcoin difficult to understand
Post by: Iphomme on June 07, 2021, 08:29:26 AM
Well, these are usually the most difficult parts of Bitcoin that you need to explain to somebody new to Bitcoin.
Of course there are the technical aspects that are hundreds of times more difficult to understand than this simple resume, but then you need to study programming, cryptography, economy and probably some politics as well.

  Yes Same us to me in the first place and now Im trying to learn and read the other thread that gain me another lesson to get . Studying Bitcoins is not easy for me and it takes time to me to learn but it's challenging to have a new lesson and gain more benifets about Bitcoins. Im thankful to higher than me in here that they tell me about Bitcoins.


Title: Re: Is bitcoin difficult to understand
Post by: JerryKin on August 07, 2021, 06:05:58 PM
The concept of Bitcoin isn't something you can easily grasp from one gist. It might actually take you time to fully understand what it is about. You might not need to go deep into everything about it before you get the concept and start investing.


Title: Re: Is bitcoin difficult to understand
Post by: ene1980 on August 07, 2021, 06:56:32 PM
The concept of Bitcoin isn't something you can easily grasp from one gist. It might actually take you time to fully understand what it is about. You might not need to go deep into everything about it before you get the concept and start investing.
If you are solely focused on trading then you do not need to understand the technical aspects of things, all you need to learn how the market performs, learn the charts and you can be good at it but you need to have experience in any form of trading platform to understand that either in the forex market or in the stock market. The technical aspects is difficult to understand if you are new to it but eventually you can understand the basic if you are spending time on learning about it.


Title: Re: Is bitcoin difficult to understand
Post by: blackened515 on August 07, 2021, 08:30:44 PM
Bitcoin may be difficult to understand if you are a Newbie in the Crypto world. Understanding Bitcoin requires one been ready to learn. Doing some research can also be of a great help in understanding what is Bitcoin and how it works, there are so many Youtube videos, articles about Bitcoin. It may be difficult as the beginning, but surely with time, one will definitely get to know more about it.


Title: Re: Is bitcoin difficult to understand
Post by: Westinhome on August 07, 2021, 09:51:26 PM
Bitcoin may be difficult to understand if you are a Newbie in the Crypto world. Understanding Bitcoin requires one been ready to learn. Doing some research can also be of a great help in understanding what is Bitcoin and how it works, there are so many Youtube videos, articles about Bitcoin. It may be difficult as the beginning, but surely with time, one will definitely get to know more about it.

In my first time in cryptocurrency it was so hard to understand about bitcoin because of this I heard or read some negative about bitcoin that would be scam in no time. But when I started to enter in crypto world I realize is not a scam coin the one scam is the people using the name of bitcoin, Actually we all understand about bitcoin or all other coins in crypto if we experience those work we doing everyday in crypto currency just like trading, investing and participating some bounty campaign in bitcointalk. It was hard for us if we are new in crypto because we need to learn the way in cryptocurrency and encounter mistake that we need to be correctly in the future.