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Author Topic: Are bitcoins only for the educated and knowledgeable people only?  (Read 11839 times)
01asd
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October 11, 2017, 02:47:39 AM
 #321

No, bitcoin is designed to make payments globally without any intervention from a centralized body. Now, the only challenge why this is not so accessible to all is because they either don't have smart phones, or there is no internet connectivity. But I guess when the internet and smart phones become accessible to all noobs out there, they will eventually learn how to use bitcoins by practice.

I think your answer may a little bit off-topic. But maybe I can give a simple answer to the question title. I am a high schooler, and I am fully understand what is Bitcoin and how to collect Bitcoin. Not to be rude or arrogant, but all you need to do is read and ask. I think with the internet-era right now, Bitcoin is very important to understand. And it is quite easy to understand it, you can start to search in google for these question :

  • What is bitcoin ?
  • How to earn Bitcoin ?
  • The price of Bitcoin.
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Restmand
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October 11, 2017, 02:47:58 AM
 #322

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?
That's not true men,bitcoin is for everyone who loves the bitcoin are welcome to used it. And if you got interested in bitcoin too.i think its gone too far if the bitcoin is foe educated and knowledable people only the bitcoin has used for many reason sometimes for buying rhings only , sometimes for crime activities and sometimes like i do , to earn
cryptomium
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October 11, 2017, 02:53:39 AM
 #323

I believe yes, because bitcoin is somehow complicated in nature.  We need to have knowledge on how to operate gadgets and pc, those who do not know how will never have a chance to get involve in Bitcoin.  Aside from that a person also need how to send and receive bitcoin, how to protect their address from hackers and a lot more.

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?
That's not true men,bitcoin is for everyone who loves the bitcoin are welcome to used it. And if you got interested in bitcoin too.i think its gone too far if the bitcoin is foe educated and knowledable people only the bitcoin has used for many reason sometimes for buying rhings only , sometimes for crime activities and sometimes like i do , to earn

Indeed all are welcome but one thing, the have to learn how to use Bitcoin and for a person who is lacking knowledge on technology, it is not very welcoming.
cakra
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October 11, 2017, 03:44:56 AM
 #324

of course not. my friend who only graduated high school, but able to succeed with bitcoin. what is needed here is the will to seek information and keep learning. always updated with information and has quite a lot of relationships.
Choyor
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October 11, 2017, 04:01:00 AM
 #325

What do you mean by being educated? I am a low educated person, even can say I am not educated, but still I can operate Bitcoin and survive in Bitcoin industry until now. I think the opinion about Bitcoin just for educated people is not quite right. because Bitcoin is designed for all societies whose design is very easy to operate, so it can be operated by all circles.
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October 11, 2017, 04:01:06 AM
 #326

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?
yes I agree with you, because I also have the opinion that bitcoin is not only for educated people, it can be done olrh all circles of society even the students can know and have bitcoin.
shawn995
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October 11, 2017, 09:42:03 AM
 #327

According to my experience in every field knowledgeable people have more opportunity and and had a big post and have big profit than comparatively to those people who are uneducated. So bitcoin is also not only for educated people but it’s for every person but then it depend on the person how he want to use is.
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October 11, 2017, 09:59:33 AM
 #328

Bitcoin is not necessarily only for educated and knowledgeable people. Anyone are free and can use bitcoin depending on its status in their country. But on this one educated and knowledgeable people will have far more advantage and success rate on bitcoin.

shawn995
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October 11, 2017, 12:04:09 PM
 #329

yes off course bitcoin is for only those people who have enough knowledge about bitcoin that what is bitcoin how to use bitcoin and where to use bitcoin. If he has no knowledge about bitcoin then he can face a lot of loss because of his lack knowledge.
Haxor321
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October 12, 2017, 12:52:36 PM
 #330

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?

Bitcoin can be use by anyone who are knowledgeable enough specially in cryptocurrencies, trading, mining and altcoins. And anyone can use this, as long there is willingness to learn and study about it. If you really want something, you will surely find a way to learn it.
daenarys_stormborn
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October 12, 2017, 02:43:06 PM
 #331

actually I want to say it is wrong, and bitcoin can be used in all societies, but in reality it is not, because in my knowledge, only people who are educated and understand the technology that can use bitcoin

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October 12, 2017, 02:48:37 PM
 #332

i think its not, but as a new technology, well educated and knowledgeable may help people get involved easily, but its not a decisive factor, actually, people can do everything than we can imagine if there are enough profit
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October 12, 2017, 02:54:05 PM
 #333

Absolutely not. I feel people that are willing to buy bitcoin and take the risk are a step above everyone else but you do not need any specific knowledge to be aloud to invest!

True , regardless of knowledge and education, you can't venture to bitcoin if you don't have the courage to take risk in life aside from them, learning bitcoin and its technicalities are available throughout this forum and internet which is also easy to understand.

splat44
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October 12, 2017, 07:28:41 PM
 #334

i will say NO, bitcoins are for all society weither you poor or rich we can use bitcoin for any transactions. We all know Educated and knowledgeable people of bitcoin or early adopters will benefit more.
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October 12, 2017, 08:06:44 PM
 #335

Yes, Bitcoin requires a lot of knownledge to be used properly. A Bitcoin user needs to understand Bitcoin and blockchains (at least the basic), how cryptocoins work (mining, transaction fees, addresses, etc.) and also has to be very knowledgeable about security measures to safely store and recover Bitcoin. That's very difficult for many people.
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October 18, 2017, 01:40:35 PM
 #336

No, bitcoin are not only for educated and knowledgeable people. Bitcoin can be used by everyone as long as that person or those people is literate enough to read and write and to be able to understand what bitcoin is and use the device necessary to use and transact using bitcoin. then I can safely say that instead of only having the educated and knowledgeable people can only use bitcoin, everyone can use bitcoin.
MinMan
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October 19, 2017, 02:23:00 PM
 #337

bitcoin for everyone who wants to give an opportunity to try to earn income from bitcoin, and bitcoin have a big impact in the economy so anyone can try to enter the bitcoin world to search more, and whether people are educated and knowledge know bitcoin I say no, so bitcoin for anybody who wants to earn an income from the bitcoin
I am not agree with you that without education earning of bitcoin is possible because bitcoin is basically a digital online cryptocurrency base on latest technology and through computer and internet we may earn bitcoin. So education, computer knowledge and internet knowledge is compulsory for bitcoin earning. Lack in the stated fields cannot be ignored at any cost.
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October 19, 2017, 03:03:44 PM
 #338

To a certain extent, because managing accounts, private keys, crypto rules, ... requires a little bit of organization.

But of course you don't need to go to college to manage bitcoins.
All people can try bitcoins, bitcoin is for everyone, yes its true that if you want to try bitcoins you need to be knowledgeable but in bitcoin hard working and patient is  equal to knowledgeable and educated, and in bitcoin under gradute, students, senior citizen, parents can try bitcoin because all people have different talents and all people can learn by reading all rules and regulation in the forum, and when people is reading in different discussion in this forum all peoples can come up in bitcoin.

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October 19, 2017, 04:13:03 PM
 #339

Well, in my opinion everyone have chance to try participate bitcoin. Educated or not if they have patience to explore what is bitcoin is. Bitcoin is not like food you can buy today and tomorrow you are know  everything. Bitcoin is for everyone who has open minded for everything.
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October 19, 2017, 04:22:18 PM
 #340

I think Bitcoin can be learned by people who do not even have a college education. Everyone can know what bitcoin is and also use Bitcoin. Like real money you do not need to be educated and knowledgeable people to use real money.

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