Are bitcoins only for the educated and knowledgeable people only?

[Quantex]

The use of bitcoin actually requires some wisdom but since education is not only acquired in school as regards having informal education, but i think one has to be atleast knowledgeable to a good extent to get the good of bitcoin and moreso,for one who will have to make reasonable post, use technological devices. knowledge is needed.   

Usage of bitcoin is not that hard really, even grandfas and grandmas can use it after 1 hour long training. The problem here, it's only for rich people, not the educated ones.

[Aura]

No it isn't, you don't have to understand how Bitcoin works to make transactions. Most wallets these days have been optimized to be really user-friendly, making transactions is as easy as sending an email. To make a comparison: Who here really knows in detail how the banking system works? I guess a lot of people here don't, unless you studied it. So I don't have to know exactly how it works to open a bank account and use it. However if you find this technology interesting then it's a good thing to educate yourself about it.

[paulo013]

Educated people but no money. Quiet not educated but have money. But in the same way they can go to bitcoin. And the very hard of this because they afraid. To loose money. You need to go hard for this people to believe in the potential of bitcoin and altcoin. On the knowledgeable people i will go for this. i believe this kind of people is open minded.

[JJack@]

Originally it was meant as a form of currency just like the dollar, just online and decentralized. So I think the question is the dollar only for the educated and knowledgeable people only would answer yours.
Note: At the moment Bitcoin core isnt really the same as what it was meant to be, it now has high fees for example and the network is very clogged so in this situation I think the answer is yes. Because you need to understand why it is like this and what the alternatives are.

[daarul50]

The digital world is famous for the practicality it offers, but with the practicality that if we make investments in digital currencies, of course, the risks are so high that it takes education and knowledge enough for security in the management of digital currency is especially bitcoin. Without knowledge and education maybe we will lose if investing in bitcoin because we do not know how to minimize the risk of investing in bitcoin.

[thinkpad99]

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 no there are people who are gifted they may not finished college degree they easily understand things like this. and me to be honest I am not knowledgeable enough but I can use well the bitcoin and amswers the diffrent questions in the forum. and we have different potential we are not all the same maybe people who aren't finished anything they are the ones who are more information than us.

Knowledge about coins is very important in making decisions and you should acquire it. You can find a lot of materials on Youtube, there are also many books for beginners. I would be interested in you because this is the future.

[Hazaki]

Is it only for the educated and knowledgeable people only?

Nope , Bitcoin is for everyone dude that want to adopt the technology (the blockchain) behind Bitcoin.
Bitcoin is easily to determined what is it , even children they easily to know it so you dont need to became knowledgeable person to know it.

Exactly , nothing that includes money and needs people to be knowledgeable to use it ! Look at cash , or credit cards , does people need to have an education or a college degree to use money ? not at all !
It is something that was built to serve everyone and just make life easier for them , and cryptocurrencies especially were made to free people from governments and to have a real use case of the global citizen because bitcoin is becoming a global currency .
Using cryptocurrencies is a thing and having to know what technologies are they backed with is another thing !
In an analogy with cash , using it is one thing and knowing how it got fabricated or who's behind it is totally another thing .
We shouldn't have such vision or perspective to such matter because bitcoin's ideology was mainly done to avoid such things .

[redhondaxrm125]

In a sense, it really is right to say that crypto currencies are only for educated and knowledgable people. Because without educating yourself about crypto currency or do not become knowledgeable about the crypto world, you are good as fcked.
You will lose money, you will waste time, and you will get scammed. So better invest in learning first. That would be the best investment you will ever make.

[noictib]

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 don't think that it is made only for educated people because many friends in my network who are not much educated , even they don't know English perfectly to see what the discussion going on about bitcoin and other altcoins at social media but still they are doing trading perfectly and using cryptocurrency perfectly to make lots of Profit , so here we can say that education doesn't matter , the main thing matters is the only understanding about it to handle and knowledge to have that how did they work in online and what are the perfect ways to handle them for profit and losses.
Here even j myself started to work bitcoin work at that time when I was totally stupid in education and no knowledge was having with bitcoin and cryptocurrency but still day by day  i learner about bitcoin and made myself succesful to work perfectly with these markets of online money .

[palensya]

Definitely not bitcoin is for everybody no matter what is status in life wheather you finished education or not you can still use bitcoin. Willingness to learn the crypto currencies is the key to be able to use it. I think that if you wanted to earn profits from bitcoin you will make an effort to be able to learn the cycle of the crypto world. So bitcoin is for everybody and not limited to educated people only.

[Aljay7]

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.There is no such educated nor knowledgeable in bitcoin. Rules, prerequisites, psychological states... There are any number of invisible factors that combine to produce an unpredictable, but inevitable result. Its not about on how educated or knowledgeable you are it depends on how you use your talent that comes with a great idea.

[Getcoinsite]

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?

sad to say yes we know whats needed to survive here in forum,thats the knowledge and being mindful so the non educated cant adapt the community and same as the environment,literally education is the key to stay here and to make business in cryptocurrencies

[sirkings0003]

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 and No. Educated no but knowledgeable yes. You may not be educated and still invest successfully and profitably in bitcoin and other aitcoin. Once one can read and write, the person is good to go pertaining to cryptocurrency investment.
But when you are so educated but not knowledgeable in bitcoin and it's processess, you won't be successful in bitcoin

[Traslavin]

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?

sad to say yes we know whats needed to survive here in forum,thats the knowledge and being mindful so the non educated cant adapt the community and same as the environment,literally education is the key to stay here and to make business in cryptocurrencies

I guess knowledge is a must when we talked up about bitcoin. Knowledge in a sense that you must know what bitcoin reply mean is and what to do when you have already a coin of your own. But in a sense of being educated is needed in bitcoin I didn't agree with it because either your educated or not provided that you know the basic principle of bitcoin i bet you can do it successfully.

[speem28]

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  not only for those people. Bitcoin is for everyone interested to take part of this great digital currency revolution. It only takes your interest and guts to be able to earn bitcoin and if you will be wise enough on how you handle yoir bitcoin, it will give you the financial freedom that you always wanted. It is a given that if you want to enter the bitcoin community, you must invest time and effoet in learning the mechanics of bitcoin.

[vergel24official]

It's a must bitcoin is like a thinking game. Here you are doing some research about how to invest without sacrificing your money to a scam, trading a bitcoin, buy and sell your coin, Constructing a sentence in a signiture campaign. You must be knowledgeable.
 

[nobita shizuka]

I don't think so.  Because now everyone can get knowledge with so many ways. let's say internet, by using internet we can search anything that we want to know include all about bitcoin. So uneducated person can joined bitcoin as long as he want to learn and try.

[Skieleton]

In a sense, it really is right to say that crypto currencies are only for educated and knowledgable people. Because without educating yourself about crypto currency or do not become knowledgeable about the crypto world, you are good as fcked.
You will lose money, you will waste time, and you will get scammed. So better invest in learning first. That would be the best investment you will ever make.

I will not agree. Until you start doing something, it's not efects. Learning on big mistakes is the best. Fact, you can lose it but without it it's just a theory. The second thing. A man learns all his life and can not be 100% an expert ...

[Omeng]

In my opinion, Bitcoin is open for everyone who is willing to strive hard and interested in taking part in a great digital currency. but of course one should back his/her self before engaging to something that they don't understand. for instance, researching how bitcoin works, trading, etc.

[sp01_cardo]

For me, bitcoin is for everyone and everybody. Like me, at first i dont know about bitcoin (im not that educated, smart and talented) but i learned about bitcoin just by reading here at forums and in google. Bitcoin is for everybody who can adopt all about bitcoin. And to those people who can invest at trade here.