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Author Topic: Is Bitcoin too complicated for ordinary folks?  (Read 2300 times)
gogrowglow
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May 07, 2018, 12:13:14 AM
 #521

Yes it is but it's not so complicated that it cannot be learned.  For anyone who really want's to learn Bitcoin and interested to learn it is hard in the beginning but then eventually little by little you will understand the ways of Bitcoin and from there you will get caught by the excitement and will learn and earn.
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May 07, 2018, 12:13:22 AM
 #522

I think it is complicated to ordinary folks especially to a non techie individuals and all they think when we speak bitcoin is scam to them and it is also hard to explain to them without a proof of earnings.
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May 07, 2018, 12:48:48 AM
 #523

It may be difficult if ordinary people ask about bitcoin because we know humans need to learn to know something. So if they know how bitcoin roads might be it's easy for them to understand.
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May 07, 2018, 12:57:36 AM
 #524

Not really. It can be harder at first when you just get on the Internet currency path and then you are drawn in and everything becomes easier.

If a person do not know anything in the computer he/she cannot learn about what is bitcoin, In the beginning it looks like complicated but i think that once they will start practicing bitcoin it will become easy to use even children can learn how to use bitcoin. We just need to have some basic knowledge about computer and internet to learn bitcoin.
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May 07, 2018, 01:08:35 AM
 #525

There are times that when bitcoin will be explained to a person who doesn't have an idea about cryptocurrency or to a person who's not indulge with the technology, there will be confusions at first but eventually if discuss thoroughly it can be understood by everyone. Being involved to something for the first time, which you do not have an idea about can be complicated at the beginning but things will fall unto the right places in time. Learning is a process which do not have an ending, it's unstoppable. People who are might not well informed or knowledgeable about Bitcoin can eventually learn it. Bitcoin is an opportunity to learn, enhance knowledge and skills. Bitcoin is for everyone, regardless of age, gender, attainment in life or race.

Patience is the key in learning and understanding bitcoin or cryptocurrency in general, it requires initiative and time to push you in the path of letting your self be drawn in it to acquire sufficient knowledge about this and have a good background.
ayaanveer
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May 07, 2018, 01:41:51 AM
 #526

I believe that it depends upon the particular indivisual how he understand the concepts of bitcoin.For using bitcoin a person must know the basic computer knowledge.We are living in modern era and almost everyone knows how to use computer.Basic understanding like how to buy,at what time to buy and sell the coins these are very important.It is not complicated  to understand .It requires just basic knowledge with intelligence.
mcconah
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May 07, 2018, 03:34:39 AM
 #527

I as an ordinary folks who has absolutely no knowledge of bitcoin, feels the work of bitcoin is something foreign and unfamiliar. complicated at first, but all that I can handle it, provided there is a willingness to learn. Whatever the educational background of a person, all will be resolved when there is a will and strong intentions.

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May 07, 2018, 03:46:36 AM
 #528

Yes bitcoin is too complicated for ordinary folks, but if we can provide accurate explanations and include proof of income we have from bitcoin, then they will easily understand it, but in fact they are only interested in earned income and they have not fully understand the blockchain and how to obtain bitcoin. LOL. But if they have been affected by bad news about bitcoin, then surely we will argue. I have experienced it, I just laugh with the assumption and bad news about the bitcoin they say.

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May 07, 2018, 04:47:37 AM
 #529

The concept of digital currencies is complicated for most beginners in the cryptobusiness. Yeah Bitcoin is complicated for greeners and even much more complicated for memebers who are not even technologically inclined. I quite remember when i was introduced first time into cryptocurrency. There were a whole lot of questions on mind for instance how come there is a money so valuable like bitcoin yet we can not hold such a money but can be used to make transactions. What intrigued me the more is the use of ethereum wallet address. I got to know that, that is where we store cryptocurrencies. Another amazing feature about bitcoin that even blows your mind is a currency that we can not see yet cost huge sums of dollars. These are some of the reasons that makes bitcoin complicated and also not being able to be made as national currency for countries. But i believe strongly that with time and the necessary mechanisms bitcoin can be an accepted currency in the advance countries like China, USA etc.

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leland orser
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May 07, 2018, 04:48:55 AM
 #530

Why is it too complicated?
Most people who invest in bitcoin don't know anything about bitcoin. People just know that bitcoin can make a profit, but bitcoin is our future.

dogz12
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May 07, 2018, 05:09:25 AM
 #531

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/
There is so much more in bitcoin than meets the eye. I consider myself to be among the ordinary folks but  i strongly believe that a complicated thing such as bitcoin can be understand by us if only we do research about it. Reading a lot can be useful in dissecting a complicated thing.
Lataman
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May 07, 2018, 05:18:19 AM
 #532

It may be a little complicated, but only for those who do not know technology. And if you understand this area, then you will not be difficult to understand bitcoin.
market-beta
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May 07, 2018, 05:23:01 AM
 #533

if it's complicated it's definitely especially for people to be able to. but they want to learn and diligently read and always ask questions. no one can not be sure they will. the most important thing is never to give up and then give up.
pat4cryptoreal
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May 07, 2018, 05:43:03 AM
 #534

Anything a man develop interested and add determination will become simple, this two things simplify a complex situation. At my initial stage bitcoin was so complicated couple with the fact that I was computer illiterate but today I am teaching people.
Memminger
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May 07, 2018, 05:54:49 AM
 #535

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'd say yes, we all been to ordinary folks and admit it or not, we had a hard time fully understanding the function of bitcoin and how or in what sense does it make people profitable. But now since we've been here for so long, we know exactly how to manage and how to control our bitcoin/s.
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May 07, 2018, 06:03:59 AM
 #536

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/
There is so much more in bitcoin than meets the eye. I consider myself to be among the ordinary folks but  i strongly believe that a complicated thing such as bitcoin can be understand by us if only we do research about it. Reading a lot can be useful in dissecting a complicated thing.

I agree sir, though I know a lot but I know also that I'm a glass of water that still needs to be filled. I am open for new knowledge and ready to learn a lot. For me, what I have right now is not enough, I have a lot to learn and I'm ready to explore and learn.
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May 07, 2018, 06:05:32 AM
 #537

Well as a currency it is far way complicated then fiat as it is so volatile so studying it is nearly impossible yet if you see it just as a long term asset it becomes so simply just put the money till the price goes up.

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teklang01
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May 07, 2018, 06:08:27 AM
 #538

To the ordinary folks specially to the non-techie people, bitcoin seems too complicated for them. Even for me when I was just started, I was confused how to invest in it, how to create a wallet, what is a private key and a public key, but in time, you will understand and it is not that complicated at all. You should study more and get to know bitcoin so that you can utilized fully its good benefits.
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May 07, 2018, 06:12:04 AM
 #539

I think the workings and systems on bitcoin are quite complicated but not too complicated and not difficult to learn by ordinary folks.
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May 07, 2018, 06:14:00 AM
 #540

Yes, it does make many people understand what it means.
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