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Author Topic: Is Bitcoin too complicated for ordinary folks?  (Read 2300 times)
EinaiOraCoinDev
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May 04, 2018, 02:17:56 PM
 #461

Absolutly not. Especially when young people start saving money at an early age and investing will allow them and their families to live a more comfortable and enjoyable life in the years to come.
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saumang2m
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May 04, 2018, 05:57:53 PM
 #462

I do not think Bitcoin is complicated for ordinary people. Working in Bitcoin is not difficult. But whatever new people join Bitcoin They initially have difficulties. But like they are working in Bitcoin for a few days, they do not have any difficulty in using Bitcoin.

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May 04, 2018, 06:20:33 PM
 #463

No, it's not. Bitcoin is an Idiot-friendly platform. everyone can use it, even an uneducated person can do it. They just have to read, learn from others and focus and they will get used to it in a short period of time. there are no complicated things about Bitcoin. Maybe the trading is a bit hard to understand but it can still be learned.
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May 04, 2018, 08:44:01 PM
 #464

Maybe not too complicated, but too new. Most people don't yet understand, what blockchain or shared ledger is. Once this is widely understood, then the use of Bitcoin will expand rapidly.
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May 04, 2018, 09:33:29 PM
 #465

The most difficult thing is to find an accessible source of information and competent people who will help to understand the cryptocurrency. If you find available information, it will not be difficult to understand the cryptocurrency.

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May 04, 2018, 10:00:38 PM
 #466

If you really set a goal and devote a lot of time to this, then bitcoin is not difficult to understand. The main thing is to have a great desire to do it. With a strong desire anything is possible.

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May 04, 2018, 10:08:29 PM
 #467

bitcoin if for a layman is very difficult indeed. even some of them have given up because they feel unable and do not understand with bitcoin. especially if they join in bitcointalk forums they will definitely add dizzy .

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May 04, 2018, 10:13:17 PM
 #468

I myself think that Bitcoin is complicated because my knowledge is noylt yet enough and I need to do more effort in reading and understanding.
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May 04, 2018, 10:17:35 PM
 #469

It is very complicated for the profane. When they ask me about the BTC and I tell what I do they look at me as if it were a game like role-playing games on the internet or games where you earn tokens to spend in village festivals.

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May 04, 2018, 10:26:39 PM
 #470

Bitcoin itself is easy to understand, especially if people want to invest in the long term. But if they start trading, production, start to analyze the growth, it really is more more complex and requires a lot of cryptocurrency experience to understand.
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May 04, 2018, 10:29:37 PM
 #471

Maybe bitcoin can seem complicated. When I first learned about it, I thought that this information is only for math geniuses, but then started to just read a lot about it, ask others and gradually understood.

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May 04, 2018, 10:50:33 PM
 #472

Every individual, the lowly and those with monetsry capacity, can simplify bitcoin.  As long as you are willing enough to learn and value every idea, you will be able to disseminate and apply facts to bitcoin.
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May 04, 2018, 11:11:26 PM
 #473

I think at first very complicated, but if someone wants to understand the Bitcoin system, it's not too complicated. There are many articles that explain about Bitcoin and how it works. And that depends on the person who reads it. If someone only reads it once, it will be complicated. And if someone reads it over and over again, it will understand and it will not be complicated. Smiley
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May 04, 2018, 11:12:19 PM
 #474

It is for the old folks who are accustomed to traditional cultural backgrounds. These are the people who are difficult to penetrate when it comes to introducing changes or new stuffs. I'm not saying that they are too dumb or uneducated that's why they refuse to accept change. It's just because they choose to refuse because they could not let go of the old ways. I think that's where the complication comes in.

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May 05, 2018, 01:30:08 PM
 #475

Maybe bitcoin can seem complicated. When I first learned about it, I thought that this information is only for math geniuses, but then started to just read a lot about it, ask others and gradually understood.
I don't think it is hard for the common people to invest on bitcoins, first of all, this cryptpcurrency doesn't require you to do much to gain except of course if you are planning to trade. Another reason for my statement is because a lit of people right now are computer-literate and are able to read, analyze, and interpret graphical data, this means they wouldn't have a problem investing on bitcoin.
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May 05, 2018, 01:33:22 PM
 #476

Yes bitcoin is so complicated for ordinary people. And its hard for people who know nothing about bitcoin to enter bitcoin. So if we want to invest in bitcoin we must study it first.

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May 05, 2018, 01:42:41 PM
 #477

Bitcoin is very complicated, not only for "ordinary folks", but for people like me, who more than 3 years are interested in the subject, too. However hard I try to watch numerous videos and read different articles it seems to me now that without knowing C++ it's impossible to comprehend the thing. I'm really starting to think on learning the language, but sometimes, when you are adult, it's hard to find time for learning new things.

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no0dlepunk
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May 05, 2018, 01:47:31 PM
 #478

The argument is on how you define "ordinary folks". If you are referring to mainstream thinking sheep as ordinary folks then - yes, bitcoin is too complicated for them. Otherwise, there is nothing hard to understand from it's whitepaper.
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May 05, 2018, 01:50:15 PM
 #479

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/
I don't think it's too complicated for ordinary people. Before the people know what the Internet is and how to use it and now every one owns it. here is and here, too, most.
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May 05, 2018, 01:54:31 PM
 #480

I don't think bitcoin is that complicated, well, of course with enough research that is. It goes without saying, but information about bitcoin is proliferated throughout the internet. Anyone who is not acquainted with cryptocurrencies before can quickly pick up information and start using bitcoin. Of course, learning the mechanics of bitcoin and the blockchain is one thing. Just like credit/debit cards, you don't need to know a great deal about how it works under the hood in order to use it.

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