Is Bitcoin too complicated for ordinary folks?

[2Godbdglory]

Bitcoin can be complicated if u didn't follow due processes. Bitcoin is a work on it own because it require more time. Due process id the order of bitcoin

[1714686575]

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[1714686575]

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[onnz423]

Everything is too difficult for the ordinary folk, it takes innovative companies to make it accessible to the general public, in a way that is safe, secure and easy to use. This is the same with all technologies, first the specialists get at it, then they dumb it down so that the layman can use it. Think DOS morphing into Windows 10 over 40 years.

[nalinpuri]

I think Bitcoin isnt complicated at all for ordinary folks.If a person devote time in studying about bitcoin on internet by wikipedia or any other source,he  can understand everything easily.

[felixesteban]

It's really complicated for newbies to be honest. But to some extent they don't need to learn the technology behind cryptos. For instance old generation don't know much about cell phones but they can use many applications in their daily lives

[ariscan]

I think this bitcoin is not complicated for ordinary people. Because in this bitcoin many discussion forum about bitcoin that we can learn. and we can discuss with friends who have joined bitcoin. we just need to instill a person's curiosity about bitcoin. with a sense of wantin to know that they are being poised to review what bitcoin is and how the bitcoin works.

[fukingnutz]

Crypto definitely has a learning curve.  Too complicated?  At the moment I think the scale tips in that direction.  Crypto is in its infancy and it will evolve like everything else. 

In due course, mainstream adoption will come.

[allycn]

It may seem confusing at first, but it is not that complicated (maybe the technical aspect of it, but it is a matter of taking the time to do the research and learn about it). However, since there is so much information online you also have to be careful whose advice you follow if you think investing in BTC is something you might be interested in.

[Slark]

Billionaire "Warren Buffet" said "Bitcoin will end up badly".

It is easy to criticize and throw random negative comments when you have no intention of supporting the new system.
Do you think that Warren cares about the decentralized system? He is the epitome of the old blood, banks and centralized fintech.
A tone point Steve Balmer from Microsoft said that iPhone has no chance of earning even 1% of the market share... Yeah right...

https://www.youtube.com/watch?v=eywi0h_Y5_U

[yoseph]

Crypto definitely has a learning curve.  Too complicated?  At the moment I think the scale tips in that direction.  Crypto is in its infancy and it will evolve like everything else. 

In due course, mainstream adoption will come.

With a little bit of education, I think Bitcoin is very easy to fully know about it, no one is too ordinary or too young to fully grasp the meaning and importance of bitcoins.

[leviathon]

Yes it is. Everything new is complicated at first. Smartphones were complicated for people who never used them (they still are for old people). But once they know how it works, it will be easier.

[viarathel]

Maybe for those who do not know bitcoin will be complicated but if it is understood and done all that will be easy. But most of the people the country i do not understand what bitcoin.certainly that if you understand it would be easy.

[Darkoth89]

i don't think that BTC is a 'Currency' anymore, I think it has evolved more into a commodity like Gold or Silver.  With the transaction fees it just isn't feasible as a currency to use in a day-to-day basis.  Trying to buy some BTC is enough to put off most of my friends, they simply don't want to have to send selfies with their ID, to websites before they can buy some.

[Skieleton]

Who do you call an ordinary man. I am neither rich nor talented, I am an ordinary person and I work with BTC. If someone wants it. That's the truth...

[turnbased]

i remember getting a walk through on how to send an "e-mail" message from someone on the WELL way back when. crypto is through the neolithic and probably currently in the bronze age.

[Xenrise]

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/

Bitcoin is treated as a currency. So why you are telling us that we have lost perspective of the important part of bitcoin? When the the fact is that, bitcoin is a currency. I would like to add that, yes, we are treating bitcoin as money but we are also giving important on its perspective. So it is a balance thing.

[blockchainwriters]

Initially bitcoin is complicated but overall bitcoin is nt complicated it is easy to understand

[taeewo]

Its all about commitment or interest on what you really want to know about bitcoin...


If you commit yourself it will by easy to learn by watching some tutorial videos on YouTube....

[halenephthys]

Bitcoin is complicated to explain to an ordinary person who is not an IT or gadget or technology enthusiast, imagine explaining the principle behind block chain, mining, etc etc to an ordinary person who really doesnt even understand internet basics.

If it is not explained properly or they are not well acquainted with the technology in this generation, then it will be too complicated for them. All the talks they could get may not be enough. They must still research more themselves. And this means that they have to be updated with the technology advancement we have today. It will be real complex for them if they not understand even the basics.

[Davidbee]

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 think for the average person, they don't need to know much about the currency, they just need to know some basic, they are not in the currency with the technological aspects of research, they simply investment

[VirusTeam]

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/

personally I think that it's not worth to focus on the price, I think. that soon there will be changes, only for the better.