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Author Topic: Is Bitcoin too complicated for ordinary folks?  (Read 2300 times)
Man91
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May 04, 2018, 03:27:18 AM
 #441

It's not so difficult, I think in my mind. Bitcoin is easy to understand. Just now, many people still live in the Stone Age, they do not want to admit that it's in the 21st century street and that new technologies that can change life come to our lives.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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icechliu
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May 04, 2018, 03:30:45 AM
 #442

For ordinary people, he does not know what mining is, he does not know the concept of the wallet's private key. All these things require learning costs. The concept of Bitcoin is very unreal to them!
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May 04, 2018, 03:52:24 AM
 #443

The thing is, it shouldn't matter how complicated it is. As long as the developers create easy-to-use APIs then users will be fine. You don't need to know how the internet works to send an e-mail.
jobel
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May 04, 2018, 03:54:51 AM
 #444

Yes it will be complecated at first because for me, if don't have knowledge for bitcoin your time and effort will be waste. That's why its very important to learn in bitcoin. Through research anf to people who are working with in this bitcoin that can help to understand bitcoin.
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May 04, 2018, 04:19:08 AM
 #445

Well i think for people who do not familiar with crypto currencies & blockchain must be very complicated to understand bitcoin


Correct, even for me I find it hard and complicated how much more these ordinary people. It needs focus and more research for us to be able to understand how it works.
I think almost most of us while still a beginner still find it difficult to understand about bitcoin and crypto. even I need a friend to teach me. let alone the ordinary folks of course most of them will have trouble and think that bitcoin complicated. they have to make a wallet, buy coins in exchange, and so forth. for us it is easy but for them it will be confusing
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May 04, 2018, 04:37:09 AM
 #446

in my opinion not too complicated, if we want to know bitcoin we have to know bitcoin base and should read a lot about bitcoin in bitcointalk forum
Ambrosius
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May 04, 2018, 05:13:58 AM
 #447

Fyi, I have no knowledge of bitcoin before. My educational background is also very far from it. I do not feel that bitcoin is too complicated, all normal. For me bitcoin and crypto is easy to learn.

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Akichiva23
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May 04, 2018, 05:20:04 AM
 #448

its just a general Public thought that Bitcoin is complected, but in the real sense its not, just needs some keen understanding of how transactions take place and little research and you will be good to go
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May 04, 2018, 05:25:10 AM
 #449

Bitcoin is so difficult for ordinary people as use of credit cards and bank accounts in comparison with fiat. It is all about a habit.
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May 04, 2018, 06:57:31 AM
 #450

I think as long as we want to understand about bitcoin technology and learn I think nothing is difficult.
Crypto26
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May 04, 2018, 06:59:04 AM
 #451

IT IS COMPLICATED WHEN YOU DO NOT HAVE ANY IDEA ABOUT IT.
andika2018
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May 04, 2018, 07:27:41 AM
 #452

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/

Many people who invest in bitcoin dont have good understanding about coding or programing including me. Yes, peoples always concern about price because they just knowing how to make profits.
I am just understand about bitcoin on blockchain system and transparant ledger but I dont understand about anonymity or else, because I am just looking extra money
kencot
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May 04, 2018, 07:34:54 AM
 #453

Complicated or not bitcoin seems to be related to educational background and how the level of one's understanding of something new. Technically a bitcoin is indeed a bit complicated for ordinary folks, but that is an easy problem to solve.
lucy94
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May 04, 2018, 08:17:23 AM
 #454

Not really? There are some key questions that everybody needs to ask themselves to understand the overall idea of it. Once thats done, you could actually dig through it and find a way to make it useful for you.
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May 04, 2018, 08:39:55 AM
 #455

Complicated or not bitcoin seems to be related to educational background and how the level of one's understanding of something new. Technically a bitcoin is indeed a bit complicated for ordinary folks, but that is an easy problem to solve.

Completely agree.  Wink
peterpeterpeter
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May 04, 2018, 08:41:50 AM
 #456

 Well it depends upon to the folks.
When we teach them and encourage to be one on bitcoin industry I think they will be eligible to use bitcoin.. but if they have no  enough knowledge on what bitcoin is? Yah it's too complicated.
TamTrang
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May 04, 2018, 09:19:00 AM
 #457

For ordinary people who do not seem to just hear about Bitcoin they feel scared. Because the Bitcoin was not practical. It was also exposed by the media about it. about the failed investors. It's not for newbies because the market for buying and selling now is less bustling. For ordinary people, be careful and consider carefully before deciding to participate. keep it safe.
LooBaao
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May 04, 2018, 09:23:40 AM
 #458

Normal people are like. BTC is only suitable for some people who know a lot about technology, know how to use basic computer. BTC is not suitable for some beggars, the poor are not exposed to technology.
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May 04, 2018, 09:38:04 AM
 #459

IT IS COMPLICATED WHEN YOU DO NOT HAVE ANY IDEA ABOUT IT.
Yes, I saw that you are a newbie it means you are beginning to understand everything in this industry, my advice for you is to not give up on learning new things because that will make you successful in the years to come, every hero member or legendary was once a newbie so don't give up, ask questions you can message me if you wanted to ask some questions that you don't know yet the answer. But, the best for me is to study this industry on yourself.
Hulh
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May 04, 2018, 09:38:37 AM
 #460

Bitcoin is only complicated if we dont have any knowledge about it and if wee keep read about bitcoin thas has negative comment. If we easily believe what other says, we think immediately that it is ver complicated because that was i feel before. Now, i can say that bitcoin is not complicated , it is easy and we can earn profit .
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