BitCoin Is Too Complicated for Average People!

[Scorpion]

I don't think so, because there's companies like Coinbase, Copay, Bitpay etc. that make the user interface pretty easy and straight forward for the average person and with time it's going to be even easier to adopt to.

[1715092542]

1715092542

[Ekanenf]

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.

Yes Bitcoin is not so hard you need only time to learn it how it works. I was also a noob when i got my first coins from claiming faucets. Now I am investing in other coins.

I have learned that you need to save the coins which you earn or buy to maximize your profit in the future.

Actually it complicated at first sight but once you research enough about what it is and how it works then it would be easy for you to gain bitcoin faster and steadier and just as what you've said Claiming faucet is the first way newbies earn bitcoin since it's the most common thing you can search on google about how to earn bitcoin and after learning bitcoin that other complicated things the we encounter is about how altcoins and bitcoin is connected and it's difference.

[Casabrandy]

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.

Yes Bitcoin is not so hard you need only time to learn it how it works. I was also a noob when i got my first coins from claiming faucets. Now I am investing in other coins.

I have learned that you need to save the coins which you earn or buy to maximize your profit in the future.

Actually it complicated at first sight but once you research enough about what it is and how it works then it would be easy for you to gain bitcoin faster and steadier and just as what you've said Claiming faucet is the first way newbies earn bitcoin since it's the most common thing you can search on google about how to earn bitcoin and after learning bitcoin that other complicated things the we encounter is about how altcoins and bitcoin is connected and it's difference.

It's quite simple once we put our focus on it, i have sgared it to some if my friends and they easily understand how they can earn thru it just by saving it, what complicates it is when we try do more stuffs like trading which we need in order to earn more.

[kskaclord]

The more complicated the banking system, the more complex Blockchain. also a more transparent system of blockchain

[imteaz]

I don't think so, because there's companies like Coinbase, Copay, Bitpay etc. that make the user interface pretty easy and straight forward for the average person and with time it's going to be even easier to adopt to.

So you will able to buy bitcoin from bitpay or copay with your credit card or debit card?

[tinus42]

The internal combustion engine is also too complicated for average people but that doesn't mean that average people can't drive a car.

[LordDisick]

Im kinda agree with this,as a non techy person like me at first I had a hard time understanding bitcoin and how it works but eventually I learned buy reading and searching about it. To learn something complicated we need have patience and perseverance. Its really worth it to learn bitcoin because Im enjoying the benefits im getting from it.

[catapult]

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.

I  beg to disagree because people who are not computer literated could not actually understand the whole concept of bitcoin no matter How hard I teach them about it !

We can not expect that a person can understand the whole concept of cryptocurrencies in a short time. Everybody needs just some time to learn the blockchain technology and the characteristics of the cryptocurrencies. I think enough learning time is more important than having specific informations about the computers.

[HarleyQuinn9876]

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

As you say, bitcoin is hard for normal people. Bitcoin is simple with knowledgeable people. People who have little contact with technology, the use of bitcoin is difficult. But it is not too complicated, just have some knowledge you can use it

[MaryCris]

The interest of people in bitcoin will depend on how they will understand the concept of cryptocurrency. You may also refer them to informative pages like http://www.propthereum.io, to know more of it's greatness as a decentralised currency and it will be easier for them to build great interest and they will keep themselves updated and knowledgeable of the history and the possibilities of further and greater developments.

[Habbiton]

Everybody knows how the market works, even though was some of them have the ability to get profit. Same will happen with the bitcoin: everybody will know that it exists, how it works (in general) and some will get profit.

[nightxglow]

Wow... Those sure are long and so many questions.
First, yes. Bitcoin is kinda difficult for normal people, who don't really understand technology to use. Even when i told my friend about this, they said this's difficult, complicated, and waste of time.
Bitcoin is anonymous. And of course we can't contact whoever if there's problem. That's the minus from bitcoin though, but well this is internet world. What you expect.
And about the scam websites and others, i suggest you not wasting your time to find them or else. Just stay at this forum or visit the popular and trusted websites, not the suspicious one.

[Yamifoud]

Im kinda agree with this,as a non techy person like me at first I had a hard time understanding bitcoin and how it works but eventually I learned buy reading and searching about it. To learn something complicated we need have patience and perseverance. Its really worth it to learn bitcoin because Im enjoying the benefits im getting from it.

Is just an interest of something that bring you in this forum. Learning from what you have read is not enough, but having it in actual scenarios there is best learning that you might get.
Having bitcoin everyday is not just we've got money in the end but it is totally full of learning's. Even though you are belong to average people or even in lower class still they can make this, if they want too and be open-minded at all.

[Saimabutterfly]

I am an average person by adaptability of these kinds of things but its one heck of easy thing I believe. Learning about things related to bitcoin is really not that hard which an average person cant learn. A week is way too much for it to become a good decent bitcoin player.

[dunfida]

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

People would normally leave the discussion when they do hear of things that is new to their ears and if they are not techy person then high chance that they wont really bother at all to listen but for those people who don't have much idea but really eager to learn up then theres a lot of ways.Buying bitcoin isn't really hard at all. Worrying on buying because of limitations? Then try to make some verifications to increase limits,as simple as that. If people is really interested to bitcoin then there would be no hard thing along the way.If lots of people make it,then why they cant?

[Fasdartin]

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.

Yes Bitcoin is not so hard you need only time to learn it how it works. I was also a noob when i got my first coins from claiming faucets. Now I am investing in other coins.

I have learned that you need to save the coins which you earn or buy to maximize your profit in the future.

Maybe because theres a time that bitcoin is so complicated to understand sometimes, even to those few people who using bitcoin in a long time. But i know theres nothing impossible today because we are lives now in technology, and if you want know something about bitcoin, just research or read article or ask some friends to things that you cannot understand in bitcoin.

[|Bitkoin|]

Bitcoin is not too complicated for the average person. It just depends on if that average person is lazy or not. I just made it out of high school in 12th grade and dropped out of college after two years, but that doesn't mean Bitcoin was complicated for me. I just did the research, and have been following it from almost the beginning. For newcomers it shouldn't be hard now because there is a TON of info out now, but before there wasn't much.

[Rubble898zaitO]

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

...

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

...

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

Hi, I think the reason that bitcoin selling is high is because trading sites need to profit for their operations to keep running. They buy lower and sell higher to protect their profits from the volatility of the market. Only way to buy bitcoins as close to the market price is from individual owners but they would be rare.

[User365]

I think bitcoin is not 'too complicated'.

What I mean is, yes, of course, the technical background behind BTC is complicated, but do you expect the average person to know how visa handles their transactions, server structures,...?
I suppose the answer is NO, an average person can create an account on any exchange site, download a wallet to their PC, mobile,... and use it as payment, just like, f.e. paypal.

[ubay]

For beginners it's hard to know bitcoin, they think it's just a monopoly. But it's up to them, gradually they will realize how useful bitcoin like the internet.