Bitcoin Forum

Economy => Economics => Topic started by: Unblock_news on February 28, 2019, 08:15:25 AM



Title: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Unblock_news on February 28, 2019, 08:15:25 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: butka on February 28, 2019, 08:21:21 AM
IMO, there is truth in both statements:

a) crypto is built for machine to machine payments
b) people have hard time understanding crypto due to lack of education about what money is and lack of education about the technical side of crypto.

So I do think cryptocurrencies can be used both by people and by machines simultaneously in a future world where such payments have become the dominant monetary reality.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: talkbitcoin on February 28, 2019, 08:32:57 AM
nice joke.

the only reason why some people have a hard time with cryptocurrencies is either because they encountered some bullshit sources like shitty news sites that are owned by people who don't even know what they are but try to tell others! so the result is only them misleading people.

or they are too caught up in some pump and dump altcoin or some scam ICO that they are now confused why their promises are not coming true and why the coins they are bag holding continue getting dumped while they were promised big returns...


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: mich on February 28, 2019, 08:34:54 AM
Anthony “Pump” ladies and gentleman is the biggest FOMOer of them all.
Only difference is he tends to speak the honest truth!


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: NeuroticFish on February 28, 2019, 08:35:20 AM
The truth is that we, humans, are not much further (evolutionary) than the guys that were checking the coins' authenticity with their teeth. I'm sure you've seen that in movies.
And since Bitcoin is not physical, you can only imagine this:

https://i.imgur.com/fRF9PmN.png


But evolution is never easy. We will evolve, don't worry. As a matter of fact, some of us already did.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Ridwan Fauzi on February 28, 2019, 09:08:06 AM
So, for those who know how crypto work as a whole are superhuman?

For those who inconvenient to know how cryptocurrency work because of cryptocurrency cannot be seen or cannot be held directly. In contrast to money paper that can be seen and touched easily, then they will easily interpret the function of money and directly assess that the paper has value.

As stated above, technology will always grow up periodically and will modify someone's way of thinking. I dare to bet in a few years ahead human life cannot be separated from a technology, every human being will find an easy way and use a technology for their activity. I guess this is the phase where cryptocurrency will be used and the phase where everyone get the hang of cryptocurrency easily.
   


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: TheCoinGrabber on February 28, 2019, 11:42:37 AM
Fiat is also hard to understand for the average tax slave with all the ways government regulate its supply and such, does that mean it's not for humans? Yes, there things about bitcoin that is a bit technical to understand, even for people who have already invested in it but the concept of a blockchain and limited supply is easy enough for anyone with a working neuron. I mean, we don't really have to know what happens when we swipe our credit cards right?




Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: deisik on February 28, 2019, 11:49:46 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

I didn't read the article as it makes no sense reading simply because the total majority of people have absolutely no clue how money works and what it is. And even most folks here who are well familiar with Bitcoin in particular and cryptocurrencies in general have a very vague understanding of how fiat money works in practice. I mean how it is created by banks, how fiat payments are actually processed by payment systems and similar highly technical stuff. But this doesn't in the least prevent people from using fiat currencies

To summarize, you don't need to be a Michael Schumacher to drive a car, you don't need to be a Steve Wozniak to build a PC, you don't need to be a Bill Gates to run Windows (though you'd better not run it but simply because it is not a good choice in itself). And believe me Bitcoin is a lot easier to understand than fiat

So you don't need to be a Satoshi Nakamoto to actually use it


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: dothebeats on February 28, 2019, 12:38:00 PM
So using the same logic, the internet is never meant for humans in the first place as it was hard to understand during its first deployment, and is somewhat exclusive to only a handful of companies at the time? Bitcoin and crypto is easier to understand compared to fiat, IMO. You basically don't need to know the technical background of cryptocurrencies in order to 'send' and 'receive;' you just need to know how to do that and the rest will follow. The steep learning curve is only applicable to its technical aspect of cryptocurrencies and not its practical uses, so IMO what the article states is wrong.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: cabron on February 28, 2019, 12:48:39 PM


If its meant only for machine then why are we currently using it?

This is like binary if you think technology, domains normally are just public ip addresses but due to the DNS, websites url are readable by humans. Same thing with wallet addresses, aliases in some platforms are readily available which you can rename your wallet.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: BitBustah on February 28, 2019, 01:31:38 PM
I've read some crazy theories that bitcoin was created by artificial intelligence and they will use it one day to take over the world.  Sounds insane or does it if you really think about it? :)


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: el kaka22 on February 28, 2019, 01:49:55 PM
Machine to machine is still looooong way to go, we are not remotely there. It was made for humans but also it was made for humans who are having hard times financially to close the gap between them and the rich, if you are a rich whale that is interested in bitcoin you are doing something counterproductive for bitcoin to begin with.

Bitcoin was created after 2008 (well was worked on until that moment as well) because it was literally for people who believed 800 billion dollars printed out to pay bonuses for CEO's who destroyed the economy was wrong, like literally giving themselves bonus for destroying economies of countries let alone only their own customers. That is why we have bitcoin, so we can prevent that type of problems and thats why it was built for "humans" and not corporations.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: adzino on February 28, 2019, 01:54:34 PM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano
Just some bullshit I would say. What's there not to understand? People with basic common sense will understand how to use it and keep it secured. If you talk about the technical part, then that really doesn't matter. Do you think most people know how the fiat money circulates? How it is created (printed) and what factors affect those? Nope. But they know how to use it. Same goes for digital currency payment system (like paypal).
-snip-
a) crypto is built for machine to machine payments
-snip-

Care to explain?


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: kryptqnick on February 28, 2019, 02:25:06 PM
-snip-
a) crypto is built for machine to machine payments
-snip-

Care to explain?
I am not butka, but I believe I understand what this user and Anthony Pompliano meant. Some might think that cryptocurrencies are designed for the Internet of things, basically. This means that devices communicate with each other, send and receive valuable information without human intervention, so that in the end humans get a nice and smooth life. A simple example of how it can work that just came to my mind is that when someone gets in the car and intends to drive while being drunk, an alcohol consumption detector near the wheel of a car can measure the alcohol and send signals to some mechanism that will prevent the car from starting. That mechanism, in turn, can send a signal to the sound system to provide explanation to the driver on why the car won't start. All these transactions might need a cryptocurrency to get performed. IOTA is the most famous example of a crypto designed primarily for the IOT.
My view on this matter is that some cryptos are designed for device communication but most of them are meant for humans, and cryptos are not that hard to grasp. I also agree with deisik that most of people use fiat without understanding it.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Oceat on February 28, 2019, 02:25:47 PM
I've read some crazy theories that bitcoin was created by artificial intelligence and they will use it one day to take over the world.  Sounds insane or does it if you really think about it? :)
As if there is a perfect AI that already existed programmers and computer enthusiasts, geek, whatever you call them can't create a perfect one in this complex world that we are living. A theory is just a theory until there is a substantial result that would support the theory itself. Bitcoin was designed by Satoshi and explained already in various websites on how it could work.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: palle11 on February 28, 2019, 02:38:27 PM
a) crypto is built for machine to machine payments

;D close to it going by the modus operandi of transaction, maybe. For fiat, most times there is a third party interference which is always a human being but cryptocurrency not like that. Strictly from gadget A to gadget B


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: butka on February 28, 2019, 03:16:23 PM
I am not butka, but I believe I understand what this user and Anthony Pompliano meant. Some might think that cryptocurrencies are designed for the Internet of things, basically. This means that devices communicate with each other, send and receive valuable information without human intervention, so that in the end humans get a nice and smooth life. A simple example of how it can work that just came to my mind is that when someone gets in the car and intends to drive while being drunk, an alcohol consumption detector near the wheel of a car can measure the alcohol and send signals to some mechanism that will prevent the car from starting. That mechanism, in turn, can send a signal to the sound system to provide explanation to the driver on why the car won't start. All these transactions might need a cryptocurrency to get performed. IOTA is the most famous example of a crypto designed primarily for the IOT.
Thanks, you summarized it nicely.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Kemarit on February 28, 2019, 03:36:39 PM
It was designed by humans as we have all know, so I don't know where Pompliano is coming from. Maybe what he meant is that people don't really understand how it works, or how it a series of numbers can become money, specially for ordinary people. I wouldn't take his words seriously though, crypto has evolved already and it's just a matter of time before people globally can understand how it works and how it help them, if they treat it as currency or money of the future.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: South Park on February 28, 2019, 08:07:48 PM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano
That has never stopped people from using the inventions of others, you may not understand how something works and still use it and the proof is everywhere, we just need to look at the amount of people that use fiat, which is everyone, and yet they do not understand how it works, in fact most people that I have questioned about this still think their money is backed by gold, they do not even know what fiat money means and yet they use it.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Bitcoin-Turkiye on February 28, 2019, 08:47:05 PM
Crypto may be built for the machines after all.... If humans became aware of how the markets were actually run and how quickly they can create their own ecosystem of value in blockhain entire governments and countries would be out of business.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: gentlemand on February 28, 2019, 08:58:37 PM
I think he's right.

I find it very strange how rarely machine to machine payments are mentioned when it comes to all this. The likelihood of grandma using it is far lower than her vibrator using it some day.

Soon enough there'll be trillions of sub micropayments flying back and forth per minute that were totally unaware of. Trustless, programmable and permissionless all feel like it was made for such a thing.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: jonsky05 on March 01, 2019, 01:08:23 AM
If crypto is not for human why is this invent? Crypto is for human to use it because we all know the technology is develop and of course crypto use it for people who understand it only not for people lack of knowledge about it. If the that's not for human who will use crypto?


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: odolvlobo on March 01, 2019, 03:30:49 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

I didn't bother reading the article or any of the comments because articles about twitter posts are stupid.

What can possibly be interesting about an article that says, "A wrote blah blah blah. Then B wrote blah blah blah. The A responded with blah blah blah. Then C wrote blah blah blah. ...? If I were really interested in the interaction, then I would just read twitter.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: LUCKMCFLY on March 01, 2019, 03:53:59 AM
When I try to understand his thinking, I think he says it for high frequency trading, because only robots make transactions at high speed, but this is not entirely true, the operators that put the money are human and a human has emotions, just with that, his theory falls. And if we add that it is a technology that causes a lot of motivation in people, that its transactions are very fast, that it is something that attracts, they will also move the market. And in my personal opinion, he does not know much about the speculative market, maybe he does not fully understand it, because this market was designed for humans.I think he does not know how to cope with volatility very well.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: CoinChili on March 01, 2019, 05:33:38 AM
Haven't he realize that if it is not intented for humans then why do we have to understand it's uses and we are already using it as digital money and as online payments? Anyway, some point do make sense. Specially when Changphegzao told this to Anthony Pompliano, "the reason why people do not understand money well is because they are not being taught in schools".


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: davis196 on March 01, 2019, 12:43:10 PM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

Bullshit.Crypto is perfectly fine to be used by humans.Any technology that isn't user-friendly won't have any value at all.That's not the case with crypto/blockchains.If humans won't use crypto,then who or what will use it?Robots?Animals?Aliens? ;D


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: mu_enrico on March 01, 2019, 04:07:04 PM
IMO this is an easy concept, similar to the internet. Humans Users don't have to know about TCP/IP & HTTP to use the internet.

I'm pretty sure that wallets will get more and more user-friendly so that users don't even know they are using blockchain/cryptocurrency.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Lanatsa on March 01, 2019, 07:28:13 PM
IMO this is an easy concept, similar to the internet. Humans Users don't have to know about TCP/IP & HTTP to use the internet.

I'm pretty sure that wallets will get more and more user-friendly so that users don't even know they are using blockchain/cryptocurrency.
Well said and even upto now most people doesnt even know the in depth technical aspects of internet but they are already using it.Just like with
crypto, it isnt really necessary for you to have the fullest knowledge before you can use it, even the basic information and execution of the system will do as basic
as spending.The only fact that there are really people specially to those who lack of education will really have the hard time.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Mometaskers on March 01, 2019, 09:53:23 PM
IMO this is an easy concept, similar to the internet. Humans Users don't have to know about TCP/IP & HTTP to use the internet.

I'm pretty sure that wallets will get more and more user-friendly so that users don't even know they are using blockchain/cryptocurrency.

This. All I know is I put in my password and connect. Same with my credit card, I swipe my card and sign the slip.

Bitcoin does requiere a bit more knowledge about it to use but most of the technical stuff can be ignored. One can go through life using bitcoins without having to work about those. Just put in the address and fee and send.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: lienfaye on March 01, 2019, 10:24:54 PM
IMO this is an easy concept, similar to the internet. Humans Users don't have to know about TCP/IP & HTTP to use the internet.

I'm pretty sure that wallets will get more and more user-friendly so that users don't even know they are using blockchain/cryptocurrency.
Indeed. You dont need to have a special skills or huge knowledge to be able to use crypto, you just need to create a wallet, buy your chosen cryptos and store it. Its not hard to understand and not requiring users to have an edge to others.

Crypto is meant for humans to give us convenience thus I dont agree on what Pompliano stated.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: kaya11 on March 01, 2019, 10:45:43 PM
For who does is meant to be then? Is their a creature or any that might satoshi nakamoto knew that might come to use this p2p payment, from another world or planet? He who made that statement is a dumb person that do not know how the crypto society works. Talking and babbling wrong information might mislead to newcomers or investors or worst case won't hell bothering to do so.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: exstasie on March 01, 2019, 11:15:36 PM
I think he's right.

I find it very strange how rarely machine to machine payments are mentioned when it comes to all this. The likelihood of grandma using it is far lower than her vibrator using it some day.

Soon enough there'll be trillions of sub micropayments flying back and forth per minute that were totally unaware of. Trustless, programmable and permissionless all feel like it was made for such a thing.

For what though? Why would anyone possibly need that many micropayments? It sounds like you've bought into the IOTA narrative. I'm not totally convinced yet. :D


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: eaLiTy on March 02, 2019, 12:54:54 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.
I am not sure who he is and had to google him to find out who he is and his credentials  :P. Many people will tell their opinions, may be he thinks that it is difficult for asses to learn about crypto assets :D . There are a ton of things for a common man to understand when it comes to this market, some people find it difficult to understand basic things and it is no ones fault, with time we will see more secure front end applications that will help every noobs that are interested in bitcoin.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Indrawan77 on March 02, 2019, 05:35:47 AM
What he said got the correct point, some people that I introduce to bitcoin are having difficulty to understand about crypto, especially when it is already about the technical things like block, mining pool or something like that, but if the person willing to learn and want to simplify it then they could understand about it, because bitcoin technology is still new so it need time for them to understand well


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Baofeng on March 02, 2019, 07:12:52 AM
What he said got the correct point, some people that I introduce to bitcoin are having difficulty to understand about crypto, especially when it is already about the technical things like block, mining pool or something like that, but if the person willing to learn and want to simplify it then they could understand about it, because bitcoin technology is still new so it need time for them to understand well

But they don't really need to go to that technical narratives so learn how bitcoin or blockchain technology functions. They just make things complicated for themselves, specially if they are not technically inclined in the first place? Crypto existed in the last 10 years or at least bitcoin that people already learn some technical stuff one time or another when dealing with it.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: sheenshane on March 02, 2019, 08:11:25 AM
Ain't know what is the purpose of that man, or he just trying to get attention to others and make his self get well known to others it just because of the no sense tweet on twitter. Ain't sure if cryptocurrency was not meant for humans but crypto/blockchain technology was worked through humans by making a ton of transactions every minute. For how many years bitcoin existence I think more and more people getting knowledge on how blockchain technology works.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: shoreno on March 02, 2019, 08:20:10 AM
If crypto is not meant for humans then who did he think will use it ? Animals ?  lol  , the guy must be joking  .  yes crypto is hard to undestand but thats normal at first .  almost all of us did gone thru that point but look at us right now , we can now call our selves veteran but not pro because pro means you understand all aspects around blockchain not just crypto but then again they are not easy and user friendly . they are only for advanced users that have experienced on computer development  .


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Capt00 on March 02, 2019, 08:20:18 AM
What he said got the correct point, some people that I introduce to bitcoin are having difficulty to understand about crypto, especially when it is already about the technical things like block, mining pool or something like that, but if the person willing to learn and want to simplify it then they could understand about it, because bitcoin technology is still new so it need time for them to understand well
So, this is not meant that cryptocurrency not meant for humans? Maybe people take some time to understand how blockchain it works, how blocks it works per transactions or how you can create a wallet for your Bitcoin storing just something like that. Here is my conclusion to people that they think Bitcoin is created for only have a profit but they didn't know the entire technology how works blockchain is. So, they need to understand it.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: pieppiep on March 02, 2019, 09:04:58 AM
If crypto is not meant for humans then who did he think will use it ? Animals ?  lol  , the guy must be joking  .  yes crypto is hard to undestand but thats normal at first .  almost all of us did gone thru that point but look at us right now , we can now call our selves veteran but not pro because pro means you understand all aspects around blockchain not just crypto but then again they are not easy and user friendly . they are only for advanced users that have experienced on computer development  .
I think cryptocurrency has been created from 2009 but not many people know and the only problem is that people who are often involved in the internet can find out what cryptocurrency is, and now there are more digital developments that make the cryptocurrency name a lot known by many people.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: bonker on March 02, 2019, 09:18:32 AM
Yes it is not for the people ,"sheep herd".

It is only for the people who have thinking ability from the other people,so who don't want to get out from their comfort zone will never able to understand cryptos,they will just stick with fiat and will be a slave forever.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Broly46 on March 02, 2019, 01:05:02 PM
I beg to differ, I think dollar not meant for humans, because no matter I work so hard for it, I would have no money, no balance in my bank account, but I have millions in debt, debt in dollars, if dollar are meant for human, I would have millions in my bank.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Ucy on March 02, 2019, 03:36:56 PM
Article is a little creepy. It's interesting nevertheless

Well, people didn't have hard time understanding cryptocurrency when they made money from its huge price increase in the past. It wasn't boring at all back then. Anything that rewards people encourages them to understand how it works. Remove the rewards and I can assure you nobody will willingly learn the technical sides.
I remember back then then how many users knew what decentralization/blockchain was about. Even a singer called Kanye West screamed "Decentralize" on his Twitter post then


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: fasdorcas on March 03, 2019, 06:30:25 PM
I understand crypto is kind of hard for many to understand, but I disagree with Anthony pompliano.
Humans can use crypto equally very well and it is not only designed for machines.

It is only kind of difficult for humans because schools do not really teach what money really is.
The worlds education system do not adequately prepare students for solving real words problems.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: daarul50 on March 03, 2019, 07:13:39 PM
It's true that humans don't need crypto but humans need the price of crypto because that price can give humans some fiat money to survive.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: LUCKMCFLY on March 03, 2019, 11:12:48 PM
I beg to differ, I think dollar not meant for humans, because no matter I work so hard for it, I would have no money, no balance in my bank account, but I have millions in debt, debt in dollars, if dollar are meant for human, I would have millions in my bank.
That analogy is excellent, the fact that this technology is somewhat difficult for some, does not mean that it is not for the human, people must accept that it must be studied to have an acceptable level and operate using a technology that is advanced.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: richminded on March 03, 2019, 11:28:09 PM
It's true that humans don't need crypto but humans need the price of crypto because that price can give humans some fiat money to survive.
Its more on investment of course especially right now that the price is more volatile. Somehow he’s right, because cryptocurrency is made to improve the system. But i think cryptocurrency still need human, since it cannot work without us and its hard to market cryptocurrency if there is no investors. I still believe that both parties need each other and it will continue to grow.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Bijikopi on March 04, 2019, 12:19:06 AM
if not for humans then for whom ?? it's very clear bitcoin was created to make it easier for humans to do business buying and selling ... so bitcoin was created for humans ..


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: jrrsparkles on March 04, 2019, 04:55:24 AM
It's true that humans don't need crypto but humans need the price of crypto because that price can give humans some fiat money to survive.
They don't even fiat too,they can survive their life just how the people did on stone ages. :D

If we need crypto for making fiat from volatile then we are misusing the technology and it won't last long for more years.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: PlusOne88 on March 04, 2019, 08:19:19 AM
Well I think it was designed for him, because he looks laughing like a machine... Just joking though! If it was not mean for humans then what should machines do? Machines rely on humans to work. There are no AIs built that could be more like humans to decide on things. I think his statements only creates a confusion. Well I think we need to keep our belief on cryptocurrency strong. I suggest not to take his statements seriously enough.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: 24Kt on March 04, 2019, 08:37:05 AM
Fiat is also hard to understand for the average tax slave with all the ways government regulate its supply and such, does that mean it's not for humans? Yes, there things about bitcoin that is a bit technical to understand, even for people who have already invested in it but the concept of a blockchain and limited supply is easy enough for anyone with a working neuron. I mean, we don't really have to know what happens when we swipe our credit cards right?



True. You don't need to know the algorithm behind every transaction that we are doing everyday. I believe crypto is for humans who want to work at the comfort of his home.  ;D



Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: BitHodler on March 04, 2019, 08:44:55 AM
They don't even fiat too,they can survive their life just how the people did on stone ages. :D
We do need fiat. It's convenient and with chargebacks people enjoy a wide level of confidence in their finances as a whole. It's what I consider a system that works extremely well, especially within well developed countries.

Crypto on the other hand sucks hard as money. The user interface sucks, the user experience sucks, you enjoy no buyers protection, insurance, there is volatility, forks, and the list goes on.

I won't say it's one of the worst forms of currencies at this stage, but it's definitely close to that. Fiat is superior in almost every way. There is no point in hyping up crypto as currencies, they suck hard in that field.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: rose9696 on March 04, 2019, 10:33:29 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano
I think this is a joke from him. cryptocurrency is quite understandable when we get quality courses. humans created it and he (Anthony Pompliano) said that crypto is not for humans. LOL.
I think he has read many times about crypto's theory but he still does not understand. he was angry and posted a tweet with that topic. :D


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: binhvo1505 on March 04, 2019, 10:38:08 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano
  This is funny. I think he didn't understand the meaning of crypto and he declared this. Binance's CEO also voiced that Crypto is quite easy to understand and if it is conveyed in school, people will understand faster.
Anthony is still quite confused with crypto and he definitely needs a class about crypto. ;D


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: KennyR on March 04, 2019, 11:08:02 AM
Fiat is also hard to understand for the average tax slave with all the ways government regulate its supply and such, does that mean it's not for humans? Yes, there things about bitcoin that is a bit technical to understand, even for people who have already invested in it but the concept of a blockchain and limited supply is easy enough for anyone with a working neuron. I mean, we don't really have to know what happens when we swipe our credit cards right?



True. You don't need to know the algorithm behind every transaction that we are doing everyday. I believe crypto is for humans who want to work at the comfort of his home.  ;D


This isn't meant to be at the comfort of home. This is something beyond innovation to make every activities take place in an efficient way. Every cryto related activity is meant to happen through a channeled process. This makes the crypto for the humans who wants to move forward along with technology.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: buwaytress on March 04, 2019, 01:04:35 PM
What a very human thing to say, but I guess this is what we should come to expect from all these social influencers who've unwittingly become masters of irony. I almost want to believe there's a bit of tongue in cheek, but this guy seems to be taking himself too seriously.

Anthony “Pump” ladies and gentleman is the biggest FOMOer of them all.
Only difference is he tends to speak the honest truth!

As opposed to the dishonest truth? Or the honest lie? ;) Pompliano's a lot of pomp. Only difference with McAfee, for me, is that Anthony's got a bit more technical nous behind his hype. But he's about as verbose...


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: futile-resistance on March 05, 2019, 12:13:44 PM
if not for humans then for whom ?? it's very clear bitcoin was created to make it easier for humans to do business buying and selling ... so bitcoin was created for humans ..
I do not agree with him either, making us believes that Bitcoin is meant for a machine is absolutely not right. It looks to me he just underrated the powers in humans as a being and their ability to operate any kind of machine and am happy with the given response. It’s not like Bitcoin is not designed for humans because of its difficulty, it’s just that people are not been taught to know much about money.

It’s an easy thing to do; schools should work on their technology and endeavor to lay emphasis on teaching money in schools. This will even allow everyone become familiar with the system and the fear of having challenges with operating Bitcoin will no longer be there.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Broly46 on March 06, 2019, 03:10:41 PM
I beg to differ, I think dollar not meant for humans, because no matter I work so hard for it, I would have no money, no balance in my bank account, but I have millions in debt, debt in dollars, if dollar are meant for human, I would have millions in my bank.
That analogy is excellent, the fact that this technology is somewhat difficult for some, does not mean that it is not for the human, people must accept that it must be studied to have an acceptable level and operate using a technology that is advanced.

Yes, learning to use crypto is a necessry step for everyone, no exception, and it remain to be a challenge for vast majority of people, I'm surprised to know most friends around me do not know how to acquire crypto, and I tot they're tech savvy.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: deisik on March 06, 2019, 04:11:20 PM
They don't even fiat too,they can survive their life just how the people did on stone ages. :D
We do need fiat. It's convenient and with chargebacks people enjoy a wide level of confidence in their finances as a whole. It's what I consider a system that works extremely well, especially within well developed countries.

Crypto on the other hand sucks hard as money. The user interface sucks, the user experience sucks, you enjoy no buyers protection, insurance, there is volatility, forks, and the list goes on.

I won't say it's one of the worst forms of currencies at this stage, but it's definitely close to that. Fiat is superior in almost every way. There is no point in hyping up crypto as currencies, they suck hard in that field

There is one way in which it is not superior

As even fiat currencies in most developed countries tend to depreciate over time. Some less, some more, but it is still a one-way street for all of them without exception (something like "all paper will burn"). Bitcoin is different in this regard and while it may be as volatile as fuck, it is not like it is only losing value all the time

Indeed, it doesn't make a lot of difference if you have to spend all your current earnings on your daily paychecks. But if you don't, then it does. And in that case you will be more particular about strengths as well as weaknesses of fiat currencies, and things may start to look a little bit different to you


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: justdimin on March 06, 2019, 06:25:12 PM
I do not expect how Anthony Pompliano would expect anyone to buy into this his ideology. What on earth was he thinking of when he came up with this kind of weird thought ? If he says bitcoin is meant for machines, then how would machines spend or make use of the currency and at the same time, which controls machines ?

Is he now saying that humans can no longer make use of the machines, and if he feels there’s too much stress with the use of machine, I advise he talks more on teaching individuals more about the use of currency.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: el kaka22 on March 07, 2019, 08:04:08 PM
I think when talking about machine to machine it is not about "spending" but more about transaction. I mean you can have two machines exchanging knowledge between each other and we can assume there would be a highly sophisticated AI in the future (maybe not right now but in the future) and when it comes to AI and blockchain technology if you combine both of them it is not crypto currencies that matters since they won't be buying or selling anything but it can be blockchain that basically connects each of them together.

I do not think if we can successfully manage to build a self aware AI one day we will just stop at one, we will probably have multiple if not countless of them and blockchain could be used to basically track them and connect them together.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: d1ceplayer on March 10, 2019, 03:59:14 PM
IMO this is an easy concept, similar to the internet. Humans Users don't have to know about TCP/IP & HTTP to use the internet.

I'm pretty sure that wallets will get more and more user-friendly so that users don't even know they are using blockchain/cryptocurrency.
Exactly, so by the time  it becomes so user friendly and everyone  is now so familiar with using the system without recognizing its blockchain, then Anthony pompliano will now realize that bitcoin is actually crypto is designed for humans and it is only a good knowledge of it that is needed and this becomes a sweet reality when government worldwide starts implementing the policy of moment been taught in our educational system


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: neonshium on March 10, 2019, 04:50:49 PM
The truth is that we, humans, are not much further (evolutionary) than the guys that were checking the coins' authenticity with their teeth. I'm sure you've seen that in movies.
And since Bitcoin is not physical, you can only imagine this:

[im g]https://i.imgur.com/fRF9PmN.png[/img]


But evolution is never easy. We will evolve, don't worry. As a matter of fact, some of us already did.
Yes, I think what he is referring to as standard is the value it was as at early days and i have given down a  little breakdown here.The value of BtC as at July 2010 was $0.08 and in 5 days the price skyrocket 900 percent.

In July 2010 it became $0.125, Feb 2011-April 2011 $1 and this is the same year bitcoin took parity with the Us dollar and on the 8 of July 2011 bitcoin was $31.00.. So, if i answered your question, this is the early rise of bitcoin and its standard.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: hulla on March 10, 2019, 06:19:54 PM
The truth is that we, humans, are not much further (evolutionary) than the guys that were checking the coins' authenticity with their teeth. I'm sure you've seen that in movies.
And since Bitcoin is not physical, you can only imagine this:

[im g]https://i.imgur.com/fRF9PmN.png[/img]


But evolution is never easy. We will evolve, don't worry. As a matter of fact, some of us already did.
Yes, I think what he is referring to as standard is the value it was as at early days and i have given down a  little breakdown here.The value of BtC as at July 2010 was $0.08 and in 5 days the price skyrocket 900 percent.

In July 2010 it became $0.125, Feb 2011-April 2011 $1 and this is the same year bitcoin took parity with the Us dollar and on the 8 of July 2011 bitcoin was $31.00.. So, if i answered your question, this is the early rise of bitcoin and its standard.
I think he was right with what he said about crypto not meant for humans because it was meant for genius. However, he was actually talking about the standard crypto currency in the aspect of making trusted, borderless payment and crypto increasing people uses of computer, phones etc. (https://offthechain.substack.com/p/crypto-is-for-the-machines-not-the)


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Sebas.tian on March 11, 2019, 09:56:55 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano
I wouldn't just jump to the conclusion that it not for us, rather it has not evolved yet to the point that everyone could understand it intuitively. This just shows that we just need more time to improve its technology side.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Reid on March 11, 2019, 05:04:35 PM
nice joke.

the only reason why some people have a hard time with cryptocurrencies is either because they encountered some bullshit sources like shitty news sites that are owned by people who don't even know what they are but try to tell others! so the result is only them misleading people.

or they are too caught up in some pump and dump altcoin or some scam ICO that they are now confused why their promises are not coming true and why the coins they are bag holding continue getting dumped while they were promised big returns...

Correct and agree with it.  :D

The first thing that will come to their mind is profit. Not something that will change the future.
I have talked to a lot of people and that is the answer that I get.
He is right it is not for human. For we are all full of greed and we just want the money that will come. We dont see the advance technology that it can provide for ours and we just want the now and not the future.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Argoo on March 11, 2019, 05:37:11 PM
IMO, there is truth in both statements:

a) crypto is built for machine to machine payments
b) people have hard time understanding crypto due to lack of education about what money is and lack of education about the technical side of crypto.

So I do think cryptocurrencies can be used both by people and by machines simultaneously in a future world where such payments have become the dominant monetary reality.
It is hardly necessary to argue that cryptocurrency is not intended for use by people. There is practically no such area of ​​activity where one could argue that it is not intended for people. Another thing is that certain types of activities require special knowledge and training. Cryptocurrency, contrary to the opinion of some, also requires special knowledge and experience. In order to fully engage in cryptocurrency, and most importantly, to protect it, ordinary household knowledge is not enough. Therefore, for the mass user, cryptocurrency needs to be simplified.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: GreatOrchid on March 12, 2019, 05:57:42 PM
If the crypto currencies and all of the crypto community is not meant for humans, then why it was created and used by humans? Isn’t it seems like a big joke if it were just made and will not be used by anyone, if not humans, then who will be the one that will used it? Maybe, and as truly to say, there are lots of people that still don’t understand the different aspects and way goes of the crypto, but people are just simple. People are keep on gaining knowledge as well as keep on striving in the crypto community as for them to say that crypto is made for them.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: gowobonyok on March 30, 2019, 01:16:21 AM
indeed, if we look at as many ico as they appear, they are a team formed for a machine or technology. so basically crypto is bought and traded by humans, but the profits generated, are used for the development of these machines and technologies.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: imstillthebest on March 30, 2019, 06:01:37 AM
indeed, if we look at as many ico as they appear, they are a team formed for a machine or technology. so basically crypto is bought and traded by humans, but the profits generated, are used for the development of these machines and technologies.

but who will use those machines and technologies ? still the human right ?  so far i dont see any project built by ico's that is not related to human use . the creation of crypto is obviously to have an alternate payment system and who can use it ? still the humans !  .   i cant think of any reasons anymore on why crypto is not meant for humans  .


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Bitcoin-Turkiye on March 30, 2019, 01:22:50 PM
Disagree on this one humans can use crypto equally well. The reason it is so hard for many to understand is because our schools don’t teach us what money really is, .I think it's definitely that way. they will be understandable as time passes..


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Indamuck on March 30, 2019, 02:16:01 PM
Disagree on this one humans can use crypto equally well. The reason it is so hard for many to understand is because our schools don’t teach us what money really is, .I think it's definitely that way. they will be understandable as time passes..

Sorry but bitcoin is very easy to use and understand.  Anyone in elementary school is able to learn how it works, people are just lazy and want to have their hand held.  They do not like being responsible for their own security.  This is why bitcoin will never completely overtake banks.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Huskarls on March 31, 2019, 04:59:48 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

And zap !
He's being owned by CZ. Another reason why many do not understand crypto is that they only have a goal to profit, and override the losses and risks.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Ozero on May 08, 2019, 04:17:45 AM
The truth is that for some people it is really quite difficult to understand both the nature and the essence of the functioning of cryptocurrency, and it is also rather difficult to use it in practice. It is also necessary to take into account the existing language barrier. In order for a cryptocurrency to become available to an ordinary person, it must also be simplified and increased the safety of its use. Hacking and fraud are very serious difficulties in the development of cryptocurrency. Many people write that people are too lazy to learn how to use cryptocurrency. Yes, lazy. Because there really is something to study, and study a lot. And an ordinary person with his many problems does not need it. He will prefer to continue to use the existing means of payment that is proven and safe for him. If we want people to be interested in using cryptocurrency, it needs to be greatly simplified.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: nur rochid on May 08, 2019, 05:59:01 AM
The truth is that for some people it is really quite difficult to understand both the nature and the essence of the functioning of cryptocurrency, and it is also rather difficult to use it in practice. It is also necessary to take into account the existing language barrier. In order for a cryptocurrency to become available to an ordinary person, it must also be simplified and increased the safety of its use. Hacking and fraud are very serious difficulties in the development of cryptocurrency. Many people write that people are too lazy to learn how to use cryptocurrency. Yes, lazy. Because there really is something to study, and study a lot. And an ordinary person with his many problems does not need it. He will prefer to continue to use the existing means of payment that is proven and safe for him. If we want people to be interested in using cryptocurrency, it needs to be greatly simplified.
hacking is increasingly rampant because the law does not yet exist. with so many thieves, as if they were working freely. hence government policy is needed to encourage growth


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: CryptoBry on May 08, 2019, 06:24:47 AM
The truth is that for some people it is really quite difficult to understand both the nature and the essence of the functioning of cryptocurrency, and it is also rather difficult to use it in practice. It is also necessary to take into account the existing language barrier. In order for a cryptocurrency to become available to an ordinary person, it must also be simplified and increased the safety of its use. Hacking and fraud are very serious difficulties in the development of cryptocurrency. Many people write that people are too lazy to learn how to use cryptocurrency. Yes, lazy. Because there really is something to study, and study a lot. And an ordinary person with his many problems does not need it. He will prefer to continue to use the existing means of payment that is proven and safe for him. If we want people to be interested in using cryptocurrency, it needs to be greatly simplified.

In my opinion, there is actually no need for all people to fully understand the workings of cryptocurrency in the same manner that not all people do understand the process utilized by Visa or MasterCard for that matter. Is it necessary for me to understand the formula used by my favorite facial cream in order to successfully use it? No, there is no need for that though the knowledge is always available for anyone to dig. Now, what we need then are practical applications that can use Bitcoin. People do not generally care about the details of anything unless it is their own expertise but if there is something that can make their lives better then they will easily adopt it.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: zidanw on May 08, 2019, 10:20:11 AM
The truth is that for some people it is really quite difficult to understand both the nature and the essence of the functioning of cryptocurrency, and it is also rather difficult to use it in practice. It is also necessary to take into account the existing language barrier. In order for a cryptocurrency to become available to an ordinary person, it must also be simplified and increased the safety of its use. Hacking and fraud are very serious difficulties in the development of cryptocurrency. Many people write that people are too lazy to learn how to use cryptocurrency. Yes, lazy. Because there really is something to study, and study a lot. And an ordinary person with his many problems does not need it. He will prefer to continue to use the existing means of payment that is proven and safe for him. If we want people to be interested in using cryptocurrency, it needs to be greatly simplified.
hacking is increasingly rampant because the law does not yet exist. with so many thieves, as if they were working freely. hence government policy is needed to encourage growth
if the law of hackers is made and thieves still do it anyway. because this is a digital world so they can do that without our knowledge and stealing is their job. So, we must prioritize security when we are here, don't let us neglect or make the slightest mistake because that's when they start acting.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: LeGaulois on May 08, 2019, 11:41:17 AM
So for once, I don't agree with this person.
When they do cryptos transactions, they don't need to know what the block size is, what the hashrate is or whatever. They just need to understand that it is a digital currency and how to make a transaction. And with current solutions, even a 10-year-old child can do a TX. They don't need to understand everything. They use the Internet without even knowing what https or HDCP means.




Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: GregH37 on May 09, 2019, 05:24:21 AM
The truth is that for some people it is really quite difficult to understand both the nature and the essence of the functioning of cryptocurrency, and it is also rather difficult to use it in practice. It is also necessary to take into account the existing language barrier. In order for a cryptocurrency to become available to an ordinary person, it must also be simplified and increased the safety of its use. Hacking and fraud are very serious difficulties in the development of cryptocurrency. Many people write that people are too lazy to learn how to use cryptocurrency. Yes, lazy. Because there really is something to study, and study a lot. And an ordinary person with his many problems does not need it. He will prefer to continue to use the existing means of payment that is proven and safe for him. If we want people to be interested in using cryptocurrency, it needs to be greatly simplified.
I guess it is the lack of understanding of the cryptocurrency that is still making the adoption rate so low, and those who are in it doesn’t also understand the language of cryptocurrency, when the hear cryptocurrency, all they see is investment, profit making machines, meanwhile cryptocurrency is far way beyond that, it wasn’t easy for me neither to understand the concept, until I did thorough research.

For people to be able to see the real solution that Cryptocurrency has brought there is really need for the crypto process to be really simplified before people can accept it as payment system and also government will stop seeing it as threat to their rule of power.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Adriano2010 on May 10, 2019, 09:55:40 PM
Well is build for machines but people have to use it to work and also people need to mine or to have nodes and blockchain online to maintain the network of a coin and this are made by people.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Bitcotalk on May 11, 2019, 05:39:07 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano
Some people really make me question whether they've got some senses or not. If cryptocurrency is not meant for humans , then who is it meant for, aliens?👽 I even came across a comment that said cryptocurrency is meant for machines, meeehn...I just don't know what reply him.

Cryptocurrency is meant for we humans, the thing is that people just don't like it, simple. And there are those who think it is scam and it will end anytime soon, worst of it all is what the media is saying about it. So some people are just afraid to make use of it, just cause of what they think about it.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Ranly123 on May 11, 2019, 10:37:15 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

Why don't we ask him this question? For whom is crypto designed to? Does animals know the logic on how to use it? I don't believe on what this Anthony Pompliano says about crypto though.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: fiulpro on May 11, 2019, 10:00:10 PM
Then what are they made for ?
Machines ?
The artificial intelligence?
Robots ?
I don't even think what could they do with the money they would make.
They are made for humans but quite often they are not presented in a good way , in a way that makes most of them trust it more , it's not something that is very complicated very hard to understand but it depends on the source you are learning about it from
Therefore what he meant was maybe humans needs to increase their scale and then get to know about them in a correct way , not from a news channel!


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Irvinn on May 12, 2019, 04:46:37 AM
Then what are they made for ?
Machines ?
The artificial intelligence?
Robots ?
I don't even think what could they do with the money they would make.
They are made for humans but quite often they are not presented in a good way , in a way that makes most of them trust it more , it's not something that is very complicated very hard to understand but it depends on the source you are learning about it from
Therefore what he meant was maybe humans needs to increase their scale and then get to know about them in a correct way , not from a news channel!
Cryptocurrency was created as an alternative means of payment to the existing existing payment systems. This means that it was created as money. In my opinion, money machines are not needed. Cryptocurrency, of course, is still quite perceived by ordinary people from the point of view of its practical application. They do not need to know the cryptocurrency technology. In addition, the cryptocurrency continues to improve and simplify.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: romero121 on May 12, 2019, 05:18:51 AM
Then what are they made for ?
Machines ?
The artificial intelligence?
Robots ?
I don't even think what could they do with the money they would make.
They are made for humans but quite often they are not presented in a good way , in a way that makes most of them trust it more , it's not something that is very complicated very hard to understand but it depends on the source you are learning about it from
Therefore what he meant was maybe humans needs to increase their scale and then get to know about them in a correct way , not from a news channel!
Cryptocurrency was created as an alternative means of payment to the existing existing payment systems. This means that it was created as money. In my opinion, money machines are not needed. Cryptocurrency, of course, is still quite perceived by ordinary people from the point of view of its practical application. They do not need to know the cryptocurrency technology. In addition, the cryptocurrency continues to improve and simplify.
It got to be an alternate payment source after years. Earlier bitcoin evolved as a simple payment token and further it got to grow slowly and gained multiple usage. This multiple usage made people to think more about bitcoin as an alternate to the traditional system. The technology is given preference as the world is in need of such an innovation as more needs can't be met by the common traditional fiat system. Crypto is truly meant for human from Satoshi perspective.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Janation on May 12, 2019, 05:23:14 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

Why don't we ask him this question? For whom is crypto designed to? Does animals know the logic on how to use it? I don't believe on what this Anthony Pompliano says about crypto though.

If you read the article, you can understand.

Quote
The reason it is so hard for so many humans to understand crypto assets is because these assets are not for us. They are being built for the machines. Pompliano said.

He made a point here and I think if you read the article, you have read this. He also said that,

Quote
Machine to machine transactions are the future. In order for that to occur in a borderless, digital world digital world need units of value that are truly digital (not physical and not electronic representations of physical values. Crypto provides a number of advantages for this,

So yeah, that might answer your following question if you have one. It is obvious that animals will not be able to use it unless someone spends or waste their time teaching their dogs to use it.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Whosdaddy on May 13, 2019, 07:31:08 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

Why don't we ask him this question? For whom is crypto designed to? Does animals know the logic on how to use it? I don't believe on what this Anthony Pompliano says about crypto though.
I guess he is just trying to say that the operation of cryptocurrency using blockchain technology can really be quite comprehensive for humans and only machines can operate it very well, despite the experts we all have in the use of this  blockchain technology, I doubt if their level of understanding of its usage is still up to 20%.

This is why majority of those who are using blockchain technology on thinks it is a solution to making more money but it is way beyond that, I doubt if the satoshi we have been hoping to meet is even human, because I wonder how he could single handedly write the blockchain code and hasn’t ran mad, only machines would have done such better job.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: buwaytress on May 13, 2019, 07:38:45 AM
I think he means it in the same way some people would say electricity, the internet, or let's just say more broadly, technology is not meant for humans. Pompliano clearly believes he is in a higher echelon of thought and superior to most fellow human beings. But that's not unusual behaviour for most people who think their horizons are broad, and had more luck than others in genetic and economic lotteries. That's okay, you know. We need all kinds to make Bitcoin go round. IF everyone were as dull as me minding their own business, it'd take forever for people to know about Bitcoin.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: shesheboy on May 13, 2019, 09:49:55 AM
I think he means it in the same way some people would say electricity, the internet, or let's just say more broadly, technology is not meant for humans. ....

Electricity , internet or technolgy in general is still meant for humans or should i say primarily meant for humans  . secondary use would be for animals or for other non living things . they also need a technolgy so that they can improve and develop more effectively just like us humans   .

that is the same as cryptos , cryptocurrencies are invented because of the devs of cryptos wants to exeperience a way of paying or a currency that is independent or not tied up with the banks   . cryptos are really built for human because humans are the only one that can use cryptos  .


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: justspare on May 14, 2019, 04:31:41 PM
I think he means it in the same way some people would say electricity, the internet, or let's just say more broadly, technology is not meant for humans. ....

Electricity , internet or technolgy in general is still meant for humans or should i say primarily meant for humans  . secondary use would be for animals or for other non living things . they also need a technolgy so that they can improve and develop more effectively just like us humans   .

that is the same as cryptos , cryptocurrencies are invented because of the devs of cryptos wants to exeperience a way of paying or a currency that is independent or not tied up with the banks   . cryptos are really built for human because humans are the only one that can use cryptos  .
There are just so much contradictions in his line of thoughts, if he say crypto is not meant for human, I guess he must just be speaking in parable because the question we need to be asking him is, who’s the inventor of cryptocurrency?Is the person not humans? And the problem cryptocurrency was proffered to as solution, whose problems are they, is it not humans?

Maybe they all need to really sit down and fully breakdown satoshi’s whitepaper for them to fully understand what he created cryptocurrency for before they start talking from their personal assumption.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: uneng on May 14, 2019, 08:47:10 PM
This is just a joke, but: crypto is not meant for all humans would fit better. Only specialists, programmers will understand how it works, while most people will just use it, as it's not necessary to know how something works to make use of it.
Many people don't know how a computer works, for an example, but they still use it. And like electricity, as said above: many people don't even know from where it comes and how it's generated, but they still use it.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: goaldigger on May 14, 2019, 10:10:23 PM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano


Its hard to understand because people doesnt want it to understand. Their being close minded is somehow pissing the cryptocommunity and their spreading fake news is helpless. Look at those people who are already converted. How happy they are they have more financial stability than others.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: jonaire99 on May 17, 2019, 06:01:52 AM
Cryptocurrency is still new and majority of the people are still unaware that another kind of virtual currency is existing in the internet. The younger generation might have no difficulty in understanding the cryptocurrencies including blockchain than the older generation. Cryptocurrency is created by human and not alien so it really meant for human but not all human.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: fauzan Ichsan on May 17, 2019, 06:57:17 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano


Its hard to understand because people doesnt want it to understand. Their being close minded is somehow pissing the cryptocommunity and their spreading fake news is helpless. Look at those people who are already converted. How happy they are they have more financial stability than others.
whatever the reason, which felt clear in me, with the presence of crypto made the economic life better than before. but that is only a small example, and at the moment many companies are receiving crypto payments


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: SirLancelot on May 20, 2019, 11:44:25 AM
Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano
I really don't understand what's the problem of those saying that cryptocurrency is meant for computers, I just don't get it. How exactly is cryptocurrency meant to be used by computers, are they living things?? Computers are non living things are created by humans.. So why would anyone be saying that crypto is meant to be used by computers?? Cryptocurrency is meant for humans just that there are lots of people that doesn't understand how it works and there are those who understand but just don't like it.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: anoufal on August 13, 2019, 10:10:46 AM
Crypto is not meant for people who only want to become rich in just a day without even putting hardworks on it. They don't really understand what bitcoin is. But for those who takes time in studying first about bitcoin and keep on learning how to use it properly and even made an income from it, they all deserved to have bitcoin that will make their economic life improved.

That's exactly what I thought! Crypto will not make you rich if you do not study it, if you do not gain experience with each new transaction


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: ene1980 on August 13, 2019, 11:16:51 AM
That's exactly what I thought! Crypto will not make you rich if you do not study it, if you do not gain experience with each new transaction
To understand the true value of bitcoin you need to use it as a transaction platform rather than see it as a store of value, even if you study every transaction it will not make you rich, you need to have an understanding on how the market moves if you are planning to make money with any market :P.

Quote
The reason it is so hard for so many humans to understand crypto assets is because these assets are not for us. They are being built for the machines. Pompliano said.
I understood what he meant now, if you extract a content and then re-post it you could create misunderstanding and i knew something was fishy with the headlines.

But the fact is that you really need to know and understand machine language or how it works to start using bitcoin.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: STT on August 13, 2019, 11:23:34 AM
Cryptocurrency is meant for humans just that there are lots of people that doesn't understand how it works and there are those who understand but just don't like it.

I see it as equal to saying, roads are meant for cars not people.    Well yes and no, the road is only there because humans want and require it to be there.    But also you could say its not safe or the right place for people to be and a computer could manage the journey better.
    I kinda get what he means but since people are the primary trend setter in a capitalist economy then no, humans determine Bitcoin and its usage and its direction.    Always the capital should be with the people, the product of Bitcoin and its usage needs to be made so easy anyone can use it.

We could go to the extreme of saying well a television is a highly complex device not meant for humans, it should be behind a solid glass wall and with a set program.   Or you can point out that with a remote control anyone in the world can determine the best use of a TV.   BTC needs its virtual remote control easy to use end user interface, dont make it an elitist product as that will kill it.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Muffinmanlet on August 13, 2019, 06:53:35 PM
It's like saying in the 90's that the internet is not for humans. It's hard for joe blow to use btc because it's not very user friendly yet, but just like with the internet this will improve to the point that any fool can use it with ease.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Finestream on August 13, 2019, 11:43:22 PM
It's like saying in the 90's that the internet is not for humans. It's hard for joe blow to use btc because it's not very user friendly yet, but just like with the internet this will improve to the point that any fool can use it with ease.
Exactly.Technologies that are still new on the side of the people might give them pressures because they are not yet inclined to it.But when they become educated on it,they will use it already with ease and becomes user friendly.Crypto may takes time for people to fully understand it but it never losses the reality that crypto is for humans.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: akeegan on August 14, 2019, 09:00:22 PM
LOL that doesn't make much sense. Granted our computers do most of the work but who puts the crypto to use? we do


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: barbara44 on August 15, 2019, 06:01:42 AM
That's exactly what I thought! Crypto will not make you rich if you do not study it, if you do not gain experience with each new transaction
To understand the true value of bitcoin you need to use it as a transaction platform rather than see it as a store of value, even if you study every transaction it will not make you rich, you need to have an understanding on how the market moves if you are planning to make money with any market :P.
I don’t understand why people think they need to understand the machine language for one to be able to use bitcoin when they’re not creating a cryptocurrency out of it or when it is not the blockchain technology itself. When satoshi was creating the system, he never wrote anything like we need language to input into anywhere for us to make simple payment or trade with it.

It is mostly everyone here that is using bitcoin for just payment and some trading with it and what else could be simpler than just putting figure and then clicking that button of send. The only thing I think is just hard to know is the wallet address which is not necessary to memorize it provided you have it somewhere save for you to copy it out. That is the only thing I feel is just complicated for those who has not knowledge of technology.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: bitcon on August 17, 2019, 09:00:11 PM
That's exactly what I thought! Crypto will not make you rich if you do not study it, if you do not gain experience with each new transaction
To understand the true value of bitcoin you need to use it as a transaction platform rather than see it as a store of value, even if you study every transaction it will not make you rich, you need to have an understanding on how the market moves if you are planning to make money with any market :P.
I don’t understand why people think they need to understand the machine language for one to be able to use bitcoin when they’re not creating a cryptocurrency out of it or when it is not the blockchain technology itself. When satoshi was creating the system, he never wrote anything like we need language to input into anywhere for us to make simple payment or trade with it.

It is mostly everyone here that is using bitcoin for just payment and some trading with it and what else could be simpler than just putting figure and then clicking that button of send. The only thing I think is just hard to know is the wallet address which is not necessary to memorize it provided you have it somewhere save for you to copy it out. That is the only thing I feel is just complicated for those who has not knowledge of technology.


You are right. We do not think it over how much money, in reality, the country has. We simply use fiat. The same is with the cryptocurrencies. Let us leave technologies for men, who are involved in creating new cryptos, who open crypto exchanges and run IEO. The average use of Bitcoin does not need to know all of these details - it will not help in trading.


Title: Re: ‘Crypto not meant for humans’ says Anthony Pompliano
Post by: Lanatsa on August 17, 2019, 10:38:42 PM
That's exactly what I thought! Crypto will not make you rich if you do not study it, if you do not gain experience with each new transaction
To understand the true value of bitcoin you need to use it as a transaction platform rather than see it as a store of value, even if you study every transaction it will not make you rich, you need to have an understanding on how the market moves if you are planning to make money with any market :P.
I don’t understand why people think they need to understand the machine language for one to be able to use bitcoin when they’re not creating a cryptocurrency out of it or when it is not the blockchain technology itself. When satoshi was creating the system, he never wrote anything like we need language to input into anywhere for us to make simple payment or trade with it.

It is mostly everyone here that is using bitcoin for just payment and some trading with it and what else could be simpler than just putting figure and then clicking that button of send. The only thing I think is just hard to know is the wallet address which is not necessary to memorize it provided you have it somewhere save for you to copy it out. That is the only thing I feel is just complicated for those who has not knowledge of technology.
It doesn't really need to be complicated and it doesn't need too much knowledge for you to use up or know about Bitcoin yet its primary function is focusing on new way payment system.

There no need to be a programming or coding Nazi before you can use it up.So that Pompliano guy is a total ass.