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Author Topic: Is Bitcoin too complicated for ordinary folks?  (Read 2300 times)
BlackSeaConqueror
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May 09, 2018, 02:05:11 PM
 #621

 I think many people just see bitcoin as scam or a waste of time. If you try to explain into an ordinary people you will have a hard time to explain to them. And also they will have a hard time to understand. Bitcoin was for me, only for the risk takers.
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nvt2511
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May 10, 2018, 04:23:24 AM
 #622

I think the elementary is not really complicated for the average or rather ordinary folk, you cant know everything in a day; you learn more and more when you are in the game
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May 10, 2018, 04:31:27 AM
 #623

when they want to move from one side to the other side, i think they can learn about some knowledge. not only in cryptocurrent, but its applied at all.
for the first time join i feel its complicate, but for now i know it. its just because i want to learn here. and im sure if they know the advantages of crypto, they will do anything to learn it
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May 10, 2018, 04:37:26 AM
 #624

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/
It depends on each person. All will not be complicated if we want to keep trying to learn. And do not be bored to ask or find an answer to someone who has long understood about bitcoin. Do not be bored too to often read and see this forum. In this forum you can learn at once can work to earn money. Due to a lot of work on this forum. Keep learning and working hard, because all can be learned even if we are just ordinary people
DAVETUN
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May 10, 2018, 06:45:17 AM
 #625

Yes quit complicated for ordinary folks who can not access or research about new development in the world, some are lazy, others are not skilled enough to comprehend the science backing BTC
Shadovka
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May 10, 2018, 06:57:50 AM
 #626

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 complicated if there is no one to guide you a long the way the most simplest step to exchange cash as bitcoin there are eth and many other types of coins also and many exchanges is available in the market, i agree with one of the forum member in this thread say as long as you are willing to learn nothing is difficult but it will be a difficult mountain to climb with any assistance.

tokenomics
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May 10, 2018, 07:09:02 AM
 #627

I dont think its complicated for ordinary folks to understand Bitcoin. I mean, with our technology now, everyone can easily gain access and be able to do a research via internet anything about something, specially with Bitcoin. Just the basic stuffs first is already good.
cyriljundos
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May 10, 2018, 07:18:14 AM
 #628

the bitcoin will pay attention to being educated by ordinary people and also what bitcoin should do here if you're an ordinary person here at bitcoin you will not know what crypto currency and blockchain

Menawi12
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May 10, 2018, 07:36:59 AM
 #629

The process of registering bitcoin accounts, transactions and how to get bitcoin all there and can we read in google and other guides about bitcoin. anyone can do it without exception, and nothing is hard on this.


I am believe that anyone can understand about bitcoin. Peoples always learning about technology and I am believe every one can adapting with bitcoin and how to use it. I am new in crypto industry but I can learn about crypto thru google or this forum

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fndsr
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May 10, 2018, 07:55:06 AM
 #630

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/
it is of course because we also know that the cryptocurrency is accessed by using technological advances that are growing if you want to invest, of course, must understand and understand what we will do

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zhundy
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May 10, 2018, 09:43:54 AM
 #631

Yes even the likes of me at first i was confused with the technicalities on how bitcoin works and why do investors earn in bitcoin. And so does curiosity with the system i came to have a lot of research and then i get the concept of bitcoin and that was fun learning about the system. Imagine someone has created a good form of investment and not only that the owner is so techie when it comes to new technology and the use of it. No wonder why bitcoin nowadays became a hit wonder around the world. And if you are asking about its complexity yes there is a complex in the system especially if you are not that familiar with the use of computer. Well i guess investing in bitcoin are those only for computer literate and not for those who are not familiar with computers and internet.
jhonycrypto
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May 10, 2018, 09:58:46 AM
 #632

Yes. Bitcoin is very complicated and difficult to understand because there is a lot of words in bitcoin that you won't get it easily. I am also an ordinary folk when i first started bitcoin i used to get head ace and was very difficult but be pationt  so i think they will understand bitcoin for just a week if they asked a help from a friend who also know bitcoin for a more better explaination.
fritzwalter195
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May 10, 2018, 10:16:13 AM
 #633

not as much, mining could be, because it needs sophisticated technical knowledge, but to get an overall understanding, it should not be.
adjong
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May 10, 2018, 10:34:25 AM
 #634

Yeah, seems so. Even if people have Bitcoins or other cryptocurrency, they seem to not care about security until something bad happens.people who are just going to associate their way with bitcoin, it will be difficult for them, and it is not a reward for people, but every year more and more accessible information,
megalith07
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May 10, 2018, 11:48:45 AM
 #635

Individuals are typically afraid to test the new technology unless its been tried by the known individual it must be embraced by famous individuals and perhaps a big names known to have utilized compelling technology. On the off chance that numerous says on TV that they had been investing with BTC I figure a ton will take after including the ordinary folks and will begin to learn BTC and Blockchain Technoogy.
Saiful Islam777
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May 10, 2018, 12:17:36 PM
 #636

If you are not aware of anything then that matter is complicated to everyone. Similarly, there is some complexity of people with bitcoin. If it starts at a massive rate, then I think the complexity will not be there.
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May 10, 2018, 01:16:35 PM
 #637

If 'ordinary folks' refer to those who are less educated with the internet, then yes. If they don't understand the basics of the internet, what more with Bitcoin which is part of a complicated system? But with determination and sheer will, even the complicated can be learned in due time.

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May 10, 2018, 01:27:57 PM
 #638

I don't think Bitcoin is too complicated for ordinary folks to understand. I think ordinary people are cautious of Bitcoin and haven't even tried to understand it.
Sedorikku
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May 10, 2018, 01:28:51 PM
 #639

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/
U think, that it is very complicated that we teach or we tell something about bitcoin to the ordinary folks or simply say people.  We not just disregard them but for the sake of the technology, they not just simply understand and learn it easily. It can undergo by some process and many things before they can learn about it.
damrianto
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May 10, 2018, 01:51:58 PM
 #640

bitcoin is actually very much that makes it difficult for ordinary people. for the entry process alone we have to provide electronic media that can connect to the Internet network. and also must know the basic base of bitcoin and its purpose until we are in process of sale in marketcap and place of receipt of bonus. in every step step we must know site to enter into it. that's why to enter bitcoin we must be accompanied by a mentor who better understand about bitcoin ..
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