BitCoin Is Too Complicated for Average People!

[Maikl]

If you do not go into details, the use of bitcoin is equivalent to ordinary money. Moreover, the process is not in place, will soon accept cryptocurrency will be like the visa card.

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[raes]

Bitcoin is not complicated for average people; actually it is easy especially when you study or research a facts about it. Thus, if you will strive for success, you really need to work hard.

People who think bitcoin is too complicated, I think they are lazy people. Learning something takes process, in the middle of the process may have difficulty. But that's a natural thing. Nowadays all things to learn have been facilitated, you can find information almost everything by internet. So, we shouldn't be too indulgent.

[Ronyx]

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.

I do not think bitcoin is too complicated for ordinary people, too much anxiety that makes bitcoin complicated. Bitcoin is so simple that it provides convenience and becomes a great way to make a profit.

[neerajmittaljii]

The thing here is that there is no official Bitcoin site much more selling Bitcoin at lower fees. You see, this has been one of the many problems that is boggling Bitcoin since time immemorial and we are still waiting for the adequate solutions that can take this problem head on.

[Mr.John19]

I don't think bitcoin is complicated. They don't see how and why bitcoin functions and what is its imperative. If you need to have it, you will do all your best to know about it. They can watch on the YouTube regarding bitcoin. We have the google you simply just do the research. We have the forum of any inquiry on your mind. It is complicated if the individual is lazy, they just want to earn fiat by doing nothing.

[donnarog]

No it is not that much complicated. In fact, I  think it is much easier thank stocks and mutual funds because there are less choices here.

[Jenn09]

Yes this is true, proven and tested because me myself experience this with other people who wants to know bitcoin deeper but they didn't accomplished it because of lack of knowledge and lock of focus and determinations on what they like to know.

[BitcoinGirl.Club]

I don't think bitcoin is any complicated for anyone unless you want to understand the technical depth of the technology which isn't necessary.

As far as I know, the basic requirements to use bitcoins is knowing how to use the internet, a little bit of general knowledge about how to protect yourself from cyber attackers and staying updated with crypto news to know whats developing around the world of crypto.

[carrie_white]

actually not too complicated, I myself know the first bitcoin and crypto world, very confused, because I do not understand anything, and I also have a thought for what people invest in the form of crypto, is not there value at all, but over time , I began to understand the great potential that exists in the world of crypto

[AdoboCandies]

It is not too complicated we made it complicated ourselves we are becoming lazy and not searching some information before entering it the people now is doing bitcoin because of the thread and the hype on it, for me an average bitcoin user its hard for me to understand trading and mining in bitcoin but now i'm reading some articles here in this forum its surely help. we just need the beginners to join this forum so they can learn more.

[ChConcept]

For me personally, it is not as complicated as others thunk it is. You don't need to be that tech savvy to understand and use Bitcoin. At first of course you need to know the basics, how to use it, where to go, what to use, etc. We all have our first day on the job or first time doing something we haven't done before, it is always scary and hard at first but once you get to know it they next time you use it would be a walk in the park. I just don't complicate things for Bitcoin, I just treat it like my fiat money the only difference is it is online.

[eelectrick]

With all the information available in the net and even videos on YouTube and the media channels, there are piles of information with
bitcoins. Bitcoins is a household name now, people know about it. I think a lot of average people have already came across bitcoins
in numerous ways and occasion, it's so popular that it's name is synonymous with Cryptocurrency. It's price however is something
that's so hard to overlook, these days, when people encounter Bitcoins, the word investment would instantly jump into mind.
Understanding bitcoins just takes time, researching, reading, asking around shortens the learning curve. If people average or not
are really interested, they will always find a way to get where they want with Bitcoins. Just like what all of us here did.

[sergio-faucetbitcoin]

Bitcoin is not too complicated for average people. I bet people were saying the same for internet in the past.
Buying Bitcoin and using it with an App and QR code is really simple. You just have to be more careful to keep it secure.

[Danlopz]

I would have to agree although its gotten easier since the start of bitcoin with more people using it more documentation has come out but its still not very easy to access and until then we aren't going to see it in the mainstream.

In my opinion, It may be complicated for ordinary people .. But if we want to learn on something we will do and have the intention to learn it, there will be no word of surrender for all that. Whether ordinary people or people who have a higher knowledge, as long as it can benefit him will definitely be in his best try. The point is that the person should like first what he will do.

[bedford1972]

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.

Do not forget that the market is very young, and people are always skeptical about the new. Remember only electric cars, phones, the Internet and other similar things. Everything was very difficult and expensive and inaccessible to ordinary people. Now there is the same situation that we are seeing. But the market does not stand still and it grows and develops, which is also confirmed by simple observations. I am sure that in a few years the literacy of people in the crypto industry will grow and all actions with cryptocurrency will become commonplace. This is just a matter of time, but for now we have to put up with this state of Affairs and observe, and can help in the development of such an interesting niche.

[Danstan]

At first yes, but if people will try to learn and dig more about bitcoin they can trade as good also as professionals can do, since only knowledge, plan.and money is needed on investment the when people is fully experienced then there's no problem at all.

[Dread Pirate Roberts]

Bitcoin is not complicated for average people; actually it is easy especially when you study or research a facts about it. Thus, if you will strive for success, you really need to work hard.

In bitcoin the real experience that ever experienced is more important than just theory. because the reality that is in crypto sometimes more often different from that many people he said. learning from one's own experience and the experience of others is helpful.

[yj300316]

i dont think so. What is complicated about bitcoin ? it is just a decentralized blockchain that we used for investing.
dont bother to find out how is bitcoin works. as long as we can get profit from it, just use it.

[jeremypwr]

This isn't entirely 100% true of a statement in my opinion.
While many will argue that BTC's decimal system may be too complicated, I know a few people personally who I would not expect to be able to grasp the concept, but they have.
I also know some fairly advanced people who don't get BTC, so it works both ways!

[phixo9x]

Bitcoin today already has a huge role in the real world as it helps improve the financial situation of many people and in many places you can pay for purchases with it. He has just started to develop and he needs even more time for everyone to feel his importance.