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Author Topic: Is Bitcoin too complicated for ordinary folks?  (Read 2300 times)
Ladyechy
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May 02, 2018, 10:11:54 PM
 #341

so I would not say that bitcoin is complicated or uncomplicated for a person or an ordinary person. I think if we cultivate a sense of curiosity in ourselves, certainly there will be no complicated things to learn. from being ordinary to being a royal or perhaps becoming more popular. The complicated things about bitcoin can be learned through reading articles, watching informative videos on youtube, asking more knowledgers and more.
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Glutius
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May 02, 2018, 10:13:19 PM
 #342

Bitcoin may seem difficult for those who do not understand technology and do not understand anything in Economics and Finance. But if you carefully study the information, it is quite possible to understand this. Main desire.

Tapyaks72
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May 02, 2018, 10:22:21 PM
 #343

Bitcoin may seem difficult for those who do not understand technology and do not understand anything in Economics and Finance. But if you carefully study the information, it is quite possible to understand this. Main desire.
I believe that it is complicated to the elderly folks because in the first place they are not used to it they are used  the traditional way of currency and they not so familiar with the technology. But in the new generation they can easily adopt because they in the computer age this  is the way they may be  want  in the future.

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May 02, 2018, 10:23:57 PM
 #344

certainly not, the least of lettered persons can use it seamlessly, but of course after some basic level of how it works. The learning part no matter how little cannot be over emphasized.
Thera Bethari
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May 02, 2018, 10:41:46 PM
 #345

People do not really want to know that the most important thing is the blockchain algorithm. We are talking about the price of Bitcoin. The price is increasing and decreasing as the media channels are intensely raising the news thanks to the popular topic bitcoin.
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May 02, 2018, 10:42:20 PM
 #346

I would not say that it is very difficult, but of course, you need to make an effort to understand this technology. But nothing supernatural about it, just need to learn a lot of information and it will work.

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May 02, 2018, 10:50:24 PM
 #347

In my opinion, bitcoin is not too complicated for ordinary folks because they don't have to learnd everything. They also don't know everything about dolar but they use it. For using as a money, bitcoin is very simple.
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May 03, 2018, 02:20:01 AM
 #348

      Bitcoin is too complicate to ordinary folks Bitcoin is not that much easy to conceive for ordinary people because majority of the people depends on  social medias to get information's but social medias doesn't give positive ideas to the people concerning Bitcoin . I can say that Bitcoin is  a broad technology and a wide market to explore to be frank to my opinion to overcome all the complexity we have to relax and acquire knowledge from studying and earning knowledge from experts.

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AliMan
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May 03, 2018, 02:29:35 AM
 #349

      Bitcoin is too complicate to ordinary folks Bitcoin is not that much easy to conceive for ordinary people because majority of the people depends on  social medias to get information's but social medias doesn't give positive ideas to the people concerning Bitcoin . I can say that Bitcoin is  a broad technology and a wide market to explore to be frank to my opinion to overcome all the complexity we have to relax and acquire knowledge from studying and earning knowledge from experts.
Bitcoin is not complicated for just an average person. You just need to have comprehension and patience when starting in it. Bitcoin will be very easy for you if really know how to understand things that are involved in  it. If you now understand the process of trading, buying and selling, mining, and bounty programs, bitcoin will be very easy for you.

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May 03, 2018, 03:49:45 AM
 #350

The problem is that Bitcoin is seen as an investment asset instead of a currency. Using it as a currency is still expensive and It's still slow. For the mainstream blockchain technology might be too complicated, and the focus is mainly on the high price bitcoin reached. It will take a while before Bitcoin is used as a currency.

I don't think Bitcoin is too complicated for anyone. You just need to take time to learn it thoroughly. Take time to read things about it. Take time to understand it and then boom, suddenly you just realized you have learned almost everything about it.
tylerderden
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May 03, 2018, 04:01:23 AM
 #351

The problem is that Bitcoin is seen as an investment asset instead of a currency. Using it as a currency is still expensive and It's still slow. For the mainstream blockchain technology might be too complicated, and the focus is mainly on the high price bitcoin reached. It will take a while before Bitcoin is used as a currency.

I don't think Bitcoin is too complicated for anyone. You just need to take time to learn it thoroughly. Take time to read things about it. Take time to understand it and then boom, suddenly you just realized you have learned almost everything about it.
In my opinion bitcoin is a bit complicated for the ordinary folks.It requires some basic knowledge about itself and about the market too.It ia not that simple as it seems to be.It ia also very risky.It needs an internet connection to get operated which is not possible in every corner of the world.You require a lot of paitence for this process.We do not know when will the price rise or fall.There is also a risk of being hacked.An illiterate cannot use bitcoin at all.
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May 03, 2018, 04:08:00 AM
 #352

No, even the richest people in the world did not just have automatically have the knowledge to do with BTC or how this things work, they also engaged to it little by little until they get the concept, as anybody, they can learn things as long they are willing to.
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May 03, 2018, 04:18:35 AM
 #353

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration, I included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/
If people who are new to knowing and learning Bitcoin for the first time will be very difficult even if the person is smart. Bitcoin is still very common in the eyes of ordinary people who do not master internet technology. But do not rule out if they can also be successful with Bitcoin. If they are taught about Bitcoin I think they can be smarter than people who think they are smart.
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May 03, 2018, 04:26:32 AM
 #354

I think everything if we want to learn with patience, surely all will not be too complicated.as long as the person is willing to be a successful person and never give up certain complicated things will be overcome.
DoublerHunter
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May 03, 2018, 04:36:33 AM
 #355

No, even the richest people in the world did not just have automatically have the knowledge to do with BTC or how this things work, they also engaged to it little by little until they get the concept, as anybody, they can learn things as long they are willing to.
Yes that is right, it is all about willingness and once you have the willingness to work hard and have patience going through the difficult times then that will lead you to have more and more possibilities and you will probably learn the things in such an easier way. Even the oldest person can learn bitcoin if they will just have the willingness and of course patience.
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May 03, 2018, 04:43:43 AM
 #356

It's complicated for the people who think inside their box, It doesn't matter how complicated it is as soon as they know the benifits and use of it soon they will adopt it on their own.
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May 03, 2018, 04:50:01 AM
 #357

Bitcoin is very popular on the ordinary or average folks or people, but the process of it, on how it works will be complicated to them, it will require many hours of conversation so that they can fully understand it. I think what some of the average folks knew about bitcoin is investing on it, buying some bitcoins using their money but the process here in the forum is very complicated for them to understand quickly.
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May 03, 2018, 04:55:21 AM
 #358

Like the development of the internet, cryptocurrency and blockchain tech will be foreign to quite a few people before it becomes a way of every day life. I think for the average person it's a foreign concept that will gain traction as it's more accepted.
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May 03, 2018, 05:01:59 AM
 #359

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/

yes you are right for ordinary people and new people bitcoin usage there are still many people who do not yet know how to buy and benefit from having bitcoin, therefore there must be education about bitcoin so that can make new players can meamhami how to play bitcoin and menadapatkan profit of bitcoin.

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May 03, 2018, 05:06:06 AM
 #360

We start as beginner, or noob as they call it on games, we start on scratch, as we learn more on Bitcoin we learn and gather information depending on how much time they spend in learning, some people learn only during their free time, some are learning like students, searching every corner about Bitcoin, and some learn from experimenting like trial and error and via experience.

It is how the level of learning is labeled to anybody. of course if a person is unto holding only it is complicated for him the topic trading and mining same with investing, but some individual are trying to learn little by little with all thus aspects... their is no complicated things on those individual who continue to seek knowledge!
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