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Author Topic: Are bitcoins only for the educated and knowledgeable people only?  (Read 11839 times)
henglibr
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January 24, 2018, 05:10:26 AM
 #801

Just check how many people entered the market in the past year and you will see that lots of people are buying Bitcoin. Some have no idea about what it is but they still buy it, so...
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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January 24, 2018, 05:14:28 AM
 #802

I strongly agree with you, the fate of our self-regulated people, as it does with bitcoin, bitcoin is not for those who are highly educated, but for all those who are willing to try and get better in finances in particular. I think it's okay for everyone to play with bitcoin.
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January 24, 2018, 05:36:21 AM
 #803

The bitcoins have been learned. And we all passed through it too. who once also became ignorant. So anyone can learn bitcoins. They also have the opportunity to earn money
Everyone are welcome here in bitcoin and as far as i know,there is no educational background required in here in order for you to invest or engage in bitcoin and everyone is allowed.

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January 24, 2018, 05:39:48 AM
 #804

If you are referring to people attaining high degree/college diplomas you are wrong. Even me who doesnt excel in maths can use bicoin because there are many helpful guides here and all you got to do is read and study here. In that way you will become knowledgeable in bitcoin. And i think that kind of knowledge is the basic requirement here in using bitcoin.
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January 24, 2018, 07:22:14 AM
 #805

Nope, it is for the people who are determined to use cryptocurrencies like bitcoin and if you are not well educated or that person who is so knowledgeable then i think it is alright to use bitcoin because there are no standards in bitcoin because as long as you know how to use computer and understand descriptions then you can easily use bitcoin.

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January 24, 2018, 07:44:04 AM
 #806

For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?

   It is for all, educated and knowledgeable people will figure it out more quickly. They can
find for them a better working position. They can better understand crypto-currencies and
probably find safer investment.
   The ones that do not have that will have difficulty to understand everything that is happen
here. They will learn how to open a wallet, receive and send Bitcoins, for everything else they
will need a lot of time to learn, and luck if they plan to actively invest and trade and earn
not to lose their Bitcoins.



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January 24, 2018, 08:20:27 AM
 #807

Learning and Earning they two are in bitcoin. Firstly we have to learn then earn. But it is not only the educated and knowledgeable people. Actually it is a big opportunity to earn money very easy from internet.
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January 24, 2018, 05:10:47 PM
 #808

Bitcoin is accessible to anyone, you just in a device for bitcoin wallet like a smartphone and a knowledge about Bitcoin how it works. Being educated just apply more advantageous than is not. Being educated is meaning you can find a descent job and what you earn from it you can invest it for long term investment in Bitcoin. Bitcoin is not choosing the ones who can use it but the one is choosing if to use or not the Bitcoin.

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January 24, 2018, 05:58:26 PM
 #809

Of course not! it is open to all ages as long as they have background in the internet and just don't underestimate the people who is out of school because some of them are internet savvy and more expert than who completed their schooling. Grin           
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January 24, 2018, 06:04:39 PM
 #810

Of course, bitcoin can not deal with everyone. For this you need to have a great desire first. And at least some kind of literacy, as to penetrate into the technology of blocking and cryptography in general is not so simple. And without this it is not easy to navigate the market.
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January 24, 2018, 06:29:57 PM
 #811

Bitcoin is  for all but since the educated are mostly the wealthy people among our societies they are likely to won more bitcoins than the rest. Sercondly it's operation require some little computer skills and technological skills and this the uneducated will find difficult adjusting to.
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January 24, 2018, 06:30:37 PM
 #812

To engage in bitcoin will need at least a little literate because you need to own a computer to understand the principles of the stock exchange and the bitcoin itself. Otherwise, you can easily lose your money by elementary stupidity.

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January 24, 2018, 06:32:46 PM
 #813

For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?

I think bitcoin can be for anyone who wants to learn to know bitcoin. I myself before I did not recognize bitcoin but I continue to learn from this forum in order to gain knowledge about bitcoin. There's nothing wrong with everyone being part of bitcoin as they try and work hard.
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January 24, 2018, 06:36:36 PM
 #814

This is very, VERY dangerous question I have everr seen cos I mean I noticed the idea  of supremacy of concrete layer of society. When u've got the brand new technology like blockchain that MAINTAINES the clarity, why the hell should we limit its users? For new dollarish people, huh?
Equality. Smiley

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January 24, 2018, 06:46:55 PM
 #815

Yes, you do not need a higher economic education or special courses to understand bitcoin. All information is on the Internet, and you do not have to do much to understand it.

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January 24, 2018, 07:03:39 PM
 #816

If you graduated from school, you know how to count numbers and to perceive new information, then you can cope with bitkoynom. There is nothing particularly difficult here, but you still need to think about it. This is not a blind investment.
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January 24, 2018, 07:10:36 PM
 #817

Bitcoin is  for all but since the educated are mostly the wealthy people among our societies they are likely to won more bitcoins than the rest. Sercondly it's operation require some little computer skills and technological skills and this the uneducated will find difficult adjusting to.
That's the reality. Some people who have an open mind on the development of technology are those who are educated. However, life experiences are also very important. Education can not only be found in formal schools, the test of life is a very real education. No matter how rich or well educated, if you do not want to receive and study cryptocurrency it will be in vain.

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January 24, 2018, 07:26:09 PM
 #818

Off course not. Bitcoin is for everyone but then you should be knowledgeable and take time to research about it.m
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January 24, 2018, 07:32:34 PM
 #819

No, bitcoins are for everyone who has interest in it. You don't need to be educated in a specific field or educated at all to have bitcoins, but the process of getting Bitcoins has a slight learning curve for every beginner out there Cheesy Being educated and having interested in the blockchain technology can only help you make your 1 bitcoin increase to 10 bitcoins+ in the future Smiley
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January 24, 2018, 07:40:41 PM
 #820

Bitcoin is seen as a currency, but it has more of an asset to invest in. And there are many people who are not that educated or knowledgeable as you put it, but when it comes to making money, they're smarter than you think. Even if your a professor, that does not mean you will be more succesful with bitcoin than some ordinary people who are not that educated or don't have a degree.

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