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Author Topic: Why is Bitcoin difficult to understand?  (Read 2158 times)
sabihanazir
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June 21, 2018, 03:54:10 PM
 #81

I  think it is difficult to understand because it's still illegal to many country. Moreover some people it is hard for them to understand about the bitcoin, they need our knowledge to help them to know  what kind really is this. If you want to understand bitcoin you need to research about bitcoin to know more about it.
imstillthebest
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June 21, 2018, 03:58:39 PM
 #82

I dont think it is difficult to understand bitcoin however some people have a habit of thinking in advance that it is difficult to understand. I know someone who's just a teenager and is able to teach a 40 year old guy about bitcoin because he wanted to learn about cryptocurrencies. And sometimes it is not the difficulty of understanding but sometimes it is the willingness of a certain person who wants to know and learn about bitcoin.

exactly. it is all about the willingness. if a person is eagerly willing to learn , he can possibly learned it even if he is not an educated person (or graduate at any college course ).

it is also normal to to be confused at get lost at first when we are trying to explore new things that we arent familliar but as soon as we are dedicated to learn it , we can eventually find our selves that we did already understand the basics of it.  there is nothing dificult in this world because anything is possible for a positive person.
BlueMoonLight
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June 21, 2018, 04:02:54 PM
 #83

It is not hard to understand as long as you know the basic fundamentals about it. If we don't know the basic we will not understand the big scope of bitcoin as decentralized digital currency.
TheChung1904
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June 21, 2018, 04:03:54 PM
 #84

Bitcoin is hard to understand because bitcoin coins are the first digital money and most people probably do not understand
RawDog
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June 21, 2018, 04:05:09 PM
 #85

Topic: Why is Bitcoin difficult to understand?

Why is Bitcoin difficult to understand?  Because your brain is too small. 

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jowels0000
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June 21, 2018, 05:48:23 PM
 #86

Bitcoin is difficult to understand because it is an invisible coin and digital currency. Every bit of work to be done in bitcoin is very difficult but there are many ways to learn them, such as youtube, Google. These websites help bitcoin to understand how to work properly.
LodisMcguire
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June 21, 2018, 05:52:22 PM
 #87

Well everything has their explanation,i think it's not difficult to learn the basic knowledge about bitcoin.What you're talking about is the detailed explanation about bitcoin,for common people it's sure overwhelming,but people only interested in how to make money,so just explain little by little starting from how one can earn from this.
shvishal
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June 21, 2018, 05:58:40 PM
 #88

Bitcoin is not difficult to understand one should try to understand anything you found difficult can ask question every individual is so helpfull and ready to answer also one who have a to wish to understang will get it.
LETme
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June 21, 2018, 06:21:15 PM
 #89

Try to read more articles about bitcoin or maybe you can watch video tutorial there's a lot of way on how to earn and how to used bitcoin it consumes a lot of of but after learning like investment, trading and other way for sure you will see that bitcoin its not hard to understand.
deadpool02
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June 21, 2018, 06:22:42 PM
 #90

Initially it might be a bit difficult to understand for an average person. But you can always watch videos, learn  the basic fundamental of bitcoin from youtube, google , read articles about it etc. You have to educate yourself if you really want to learn about bitcoin.
yousuf123
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June 21, 2018, 06:22:51 PM
 #91

Bitcoin is difficult to understand because it is an invisible coin and digital currency.Some people also have negative views regarding bitcoin which makes them skeptical about it. Bitcoin is not hard to understand, I think it depends on the interest of the person to understand it.
Zeronic
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June 22, 2018, 02:53:53 AM
 #92

If you look at it as Currency, it is difficult for an average person to understand it because it is different.
Bitcoin, being a different kind of a digital currency, it breaks down conventional thinking in many aspects. No central regulatory body. The concept of mining. The open-ledger (blockchain), the way miners are rewarded, how transporting value is determined by its packet size and not value, the hash rate, the concept of limited supply. The 100 Million pennies in a Bitcoin, etc.
Its difficult enough for people in the money space to thoroughly understand Bitcoin (we all say we understand it, but do we really?).
For a common person, its an overkill. Its like trying to explain the concept of TCP/IP, Networking, Routing, the Internet for someone who wants to use email.  Overkill.

Why you think that bitcoin is difficult to understand? just think bitcoin is a currency, no need to think about how it was created, how the process
of transactions, etc.
We are users and not developers. If we believe in bitcoin, just use it to expand our investment and gain profit.

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Dudeperfect
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June 22, 2018, 02:59:21 AM
 #93

To be honest, Bitcoin is not a rocket science so it is not that difficult to understand but if you are going into the depth of every aspect then you will have to put more efforts in order to understand the whole thing. As we all know that, there are billions of people using internet and email system but not most of them have the idea of how it works in the background. Similarly, when a person is using Bitcoin he should have the basic information and knowledge about it and it is not difficult to get it. On the other hand, Bitcoin is a new technology and it will take some time to build awareness about it among the masses.
mickeybuddy27
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June 22, 2018, 03:16:48 AM
 #94

I  think it is difficult to understand because it's still illegal to many country. Moreover some people it is hard for them to understand about the bitcoin, they need our knowledge to help them to know  what kind really is this. If you want to understand bitcoin you need to research about bitcoin to know more about it.
Something is hard to understand when the person is not willing to learn and understand a thing. They are listening but their focus is on something else. Those people are just wasting your time and lazy to search on the internet for their own knowledge which is not worth of your time to help them.

Moiyah
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June 22, 2018, 03:35:56 AM
 #95

Don't know where section did I've read it here in the forum but they said that studies shows, a person who knew and understand cryptocurrency has a high iq level. But then I am an average person but I understand well about the cryptocurrency. Maybe it really depends how far your understanding is and do not force yourself too much if you can't understand it well. There is nothing imposibble to understand it by patience.
gohan21
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June 22, 2018, 03:36:41 AM
 #96

It's easy to learn bitcoin I really like you and want to earn a lot you really need to learn how to earn bitcoin. And what are the ways to earn bitcoin because in the field of crypto there is NO MONEY MONEY you need to work hard for it.
CRYPTON0101
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June 22, 2018, 03:47:17 AM
 #97

Every few centuries theres a disruptive major change in the way humans deal with money. Back in the day people bartered to receive what they wanted. Then people started paying with gold then coins to dollar bills all these changes were challenged and unwanted. At this point cash replaced by credit card and now digital currency, a natural flow or progression of the monetary chain.
ruthbabe
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June 22, 2018, 04:00:36 AM
 #98

If you look at it as Currency, it is difficult for an average person to understand it because it is different.
Bitcoin, being a different kind of a digital currency, it breaks down conventional thinking in many aspects. No central regulatory body. The concept of mining. The open-ledger (blockchain), the way miners are rewarded, how transporting value is determined by its packet size and not value, the hash rate, the concept of limited supply. The 100 Million pennies in a Bitcoin, etc.
Its difficult enough for people in the money space to thoroughly understand Bitcoin (we all say we understand it, but do we really?).
For a common person, its an overkill. Its like trying to explain the concept of TCP/IP, Networking, Routing, the Internet for someone who wants to use email.  Overkill.

Not true. Bitcoin is easy to understand, but people like you tend to make it complex. Anyway, there were already 34 answers with regard to the subject, in case you missed those you may read here, https://www.quora.com/Why-is-Bitcoin-difficult-to-understand.

Casa_de_Nova
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June 22, 2018, 04:23:20 AM
 #99

All people around the world want money and search for easy money which make it difficult but when someone hear that his friend was rich by a currancy or with an easy try he try to do like him and which make him fail the difficulties that he find in the beggining of the project that is why he surrender and let it go without any try to understand it or learn how and what to do
Mazda17
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June 22, 2018, 04:35:58 AM
 #100

bitcoin difficult to understand because the bitcoin coin is first digital currency and most probably human not understand .and if you really want to know so go on youtube ....there have more videos of bitcoin.
A good opinion and I like your opinion.
Actually we have to rethink about bitcoin because bitcoin will be hard to understand if we are less familiar with the meaning of bitcoin and less deeper bitcoin way so we find it difficult to understand but if we really know and understand about bitcoin then I am sure anyone will love bitcoin with pleasure.
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