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Author Topic: Are bitcoins only for the educated and knowledgeable people only?  (Read 11843 times)
coinstalker23
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September 03, 2017, 10:40:41 AM
 #41

Na not really even the one's who don't go to colleges can use it somehow as long as they know how bitcoin or altcoin works. In the trading industry of bitcoin you can use it too if you have guts because of the ups and downs of its value , and have a good patience too. And it will be easy to understand how bitcoin if you are focused on what you are doing .
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September 03, 2017, 10:42:00 AM
 #42

You do not need to be educated but you have to have a detail knowledge about how you should and where/which way you must invest.
Technically, it would depend on how that person gets introduced to Bitcoin. If they find Bitcoin tutorials on the Internet then get involved with it through that then yes it would require some skill to learn how Bitcoin works, the average person won't know about transactions fees, wallet adresses, wallet.dat, etc and that is just the basics of Bitcoin.

If the person knows somebody that has Bitcoin and that person just so happens to give a wallet.dat file to him or her then that person now has Bitcoin and he or she doesn't have to mess with it to just claim that they are "Using Bitcoin".

 
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Exotica111
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September 03, 2017, 10:47:03 AM
 #43

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?
For me, bitcoin is not only for educated person but it is for everyone who wanted to have an extra income because we have different ideas and skills that make us different from others and it help our life becomes successful in the future.
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September 03, 2017, 10:48:29 AM
 #44

There are people who are not formally educated but informally (technologically literate).more so, a lot of countries where English is not there lingual franca may appear to have difficulty in starting. but I  believe as long as one can operate this devices and can comprehend the necessities. one is good to go.
Cobalt9317
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September 03, 2017, 10:50:41 AM
 #45

I will agree if it is for knowledgeable only as for I learn BTC on my own I discovered it somewhere a long time ago can't remember, however it really depends on person perhaps some think BTC is just a Scam that's why they don't absorb with it that is the gist of thing.
DoublerHunter
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September 03, 2017, 10:55:42 AM
 #46

Bitcoin is for everyone and there is no limit on what kind of people will only use bitcoin. Even though they don't have knowledge in bitcoin but they have determination to learn it then they can still use bitcoin so no matter what kind of educational status do you have as long as you want to use bitcoin then you can use it without any interruption.
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September 03, 2017, 10:59:50 AM
 #47

In the modern world, all people gets more opportunities. The linguistic barrier does not prevent it. We have been living in other conditions. Now the main thing for man is his desire. Attempts to write off no income on education or poverty is just avoiding responsibility.
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September 03, 2017, 11:02:01 AM
 #48

As I know, Bitcoin is for everyone that who want to be good saver of money. To who want to be get rich and be prepared in their future. Bitcoin can be helpful with/without knowledge or educated. I really hard but not meaning of this is only for educated person. Bitcoin also was always open to the person who wants to earn extra income. I'm newbie, but I'm hoping to be was helpful to us.
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September 03, 2017, 11:11:36 AM
 #49

Bitcoin is for everyone and there is no limit on what kind of people will only use bitcoin. Even though they don't have knowledge in bitcoin but they have determination to learn it then they can still use bitcoin so no matter what kind of educational status do you have as long as you want to use bitcoin then you can use it without any interruption.

Yes, it should be. Bitcoin is not only for educated and knowledgeable person. We all acquire unique personality. No one cares if you’re uneducated or don’t have knowledge in bitcoin. As long as you are interested and willing to learn how it works, then I don’t see any problem there.
ufaiz50
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September 03, 2017, 11:11:57 AM
 #50

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?
knowledge can we get so I don't think bitcoins only for the educated and knowledgeable people. even sometimes educated people don'y know what bitcoin is. bitcoin for everyone who is interested in him even an uneducated person.

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joseafonso123az
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September 03, 2017, 11:14:42 AM
 #51

Not a all.  I believe bitcoin is for everyone who have the capacity to learn about it gradually.  Also people who trade and invest, might not know how bitcoin works, but they do it anyways because they know atleast that bitcoin has value and potential to grow bigger that it is.
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September 03, 2017, 11:16:11 AM
 #52

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?
Definitely No Smiley all of us have the right to use bitcoins Smiley

I know that understanding cryptocurrency is quite hard because it is more complicated than the conventional money that we are using today but if you have the eagerness and willingness to study about bitcoins, I'm sure that you will know it deeper. I was once a person who don't have any idea about bitcoins but with the help of my friend, all the research that I did and by spending time reading in this forum, little by little I understand its purpose and significance.

If a college student like me can understand bitcoins, I'm sure others can! Smiley despite of their age and status in life as long as their willing to learn. I believe that high rank members here once become a beginner, you can use it as your motivation to aim high Smiley .
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September 03, 2017, 11:19:36 AM
 #53

It would depend on the extremity of your argument. In my state of about 3 million people, more than 1 in 4 people are illiterate (72% literacy rate to be precise). I have some older relatives in that category. On that account alone, you would have to provide them basic education first before even getting into something like Bitcoin. Basic maths is at least still something naturally taught, and fiat is still something that makes sense for them.

And then we have another instance of bitcointalk users. I can safely say we're all educated. To some extent knowledgeable, in our own various industries. The least of us know how to use Bitcoin and the best of us believe it is something built and intended for the masses.

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mrayazgul
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September 03, 2017, 11:24:30 AM
 #54

You do not need to be educated but you have to have a detail knowledge about how you should and where/which way you must invest.

Actually bitcoin is a digital currency and you should have know how of basic internet skills so that you can buy/sell or use bitcoins . This is unlike fiat where no knowledge is required to use it. But the knowledge required to operate bitcoin is not so difficult and everyone can learn it with an hour or so .
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September 03, 2017, 11:24:55 AM
 #55

for education does not seem to be the main thing, but the knowledge of bitcoin is the most important and should be well studied. I am not an educated person, but the determination, the seriousness that has brought me into the world of cryptocurrensy to learn and try to invest in bitcoin. Bitcoin for everyone who wants to have it. not just for the educated or even just the rich.
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September 03, 2017, 11:44:38 AM
 #56

obviously not, as long as there is willingness everyone can have bitcoin .. learn and keep learning Roll Eyes
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September 03, 2017, 11:58:07 AM
 #57

Judging by the low IQ poor knowledge of how and what bitcoin actually is, yeah, even sorry ass illiterate sig spammers can use bitcoins.
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September 03, 2017, 12:09:52 PM
 #58

I could have say it's neither for educated or knowledgeable people as far I seen there is lots of people found future and money in bitcoin. Bitcoin is for needies. People  who really needs money who is not having job or searching job bitcoin gave opportunity to earn money not only bitcoin whole crypto world changed some of my friends life.
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September 03, 2017, 12:18:01 PM
 #59

No, I don't believe bitcoins are for the educated and knowledgeable only. Bitcoin is for everyone, no matter what their level of education is. But knowledge of how to use internet is required for using bitcoins .
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September 03, 2017, 12:18:38 PM
 #60

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?
No, bitcoins are not only for the educated and knowledgeable people because bitcoin is for everyone. Whoever wants to adopt the technology (the blockchain) behind Bitcoin are all welcome to join and work in bitcoin organization. And bitcoin is also easy to work in. People can determine what is all about bitcoin and even children they can easily know what is bitcoin. So, even if you are not a knowledgeable person you can still become a bitcoin user.

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