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Author Topic: Is cryptocurrency so difficult to understand  (Read 7150 times)
brooklynian
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September 17, 2018, 06:33:45 PM
 #621

Cryptocurrency is not difficult to understand for the people who have basic education. However, it can be extremely difficult for people with little or no education. In some third world countries, a very good percentage of the populace can't yet handle fiat currency properly. How will these kind of people understand cryptocurrency?
mhpg19960612
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September 18, 2018, 03:12:40 AM
 #622

I was confused as to where I started my activity in Cryptorrency. But finally, as time went by, and I continued to learn about Cryptocurrency, finally I was able to sharpen what Cryptocurrency was.
Robuststar12
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September 18, 2018, 03:22:58 AM
 #623

so hard for me to understand. But the more difficult it is, the more curious i am. And I will not give up so soon. will try my best to gain experience and success in the future.
Ronaldcoin2017
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September 18, 2018, 03:46:12 AM
 #624

Cryptocurrency is not difficult to understand for the people who have basic education. However, it can be extremely difficult for people with little or no education. In some third world countries, a very good percentage of the populace can't yet handle fiat currency properly. How will these kind of people understand cryptocurrency?
At first crypto currency is really hard to understand because everyone has no idea about it and how this things exist. I believe that crypto currency is not that easy to understand specially to those who are new in the crypto feild. And I believe that we all experience as a newbie on this feild. But we can slowly get some idea on it and slowly we can learn on how to gain into it.
TIDOVEE
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September 18, 2018, 03:54:04 AM
 #625

Hmmm, it is quite difficult. Those who have known it well like us now can be saying it is not. Although we have Internet genius that find discoveries more at ease.
But considering the time it took me to know it well to this extent, I will say it is somehow difficult. Yet, I still have a lot to understand about certain aspect of it.
doanngocdiep03
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September 18, 2018, 03:57:48 AM
 #626

"Beginning is always the hardest part."
For people who first heard the word cryptocurrency, it will be difficult to understand especially if they are not so techy people. Once they learn about it and experienced sending and receiving coin, they will know the basics and just a liitle more studies, they will certainly be familiar with it.
denzkilim
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September 18, 2018, 04:04:40 AM
 #627

Cryptocurrency is not difficult to understand for the people who have basic education. However, it can be extremely difficult for people with little or no education. In some third world countries, a very good percentage of the populace can't yet handle fiat currency properly. How will these kind of people understand cryptocurrency?
At first crypto currency is really hard to understand because everyone has no idea about it and how this things exist. I believe that crypto currency is not that easy to understand specially to those who are new in the crypto feild. And I believe that we all experience as a newbie on this feild. But we can slowly get some idea on it and slowly we can learn on how to gain into it.
It really depends on the people whether he/she is technologically literate or not, for example; If you explain crypto currency to a person that is literate in terms of technology and modern innovation they will easily understand this kind of technology but if you explain it to a person that is no literate in modern technology it will surely hard for them to understand this kind of matter.
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cunguks
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September 18, 2018, 04:06:18 AM
 #628

I believe if the older generation is a bit overwhelmed to understand cryptocurrency. But I doubt a little if young people have trouble with that. Cryptocurrency is more or less closely related to the internet. This depends on how familiar the person is with the internet. As long as they understand the internet, the initial process for beginning to understand cryptocurrency will be easier.
This doesn't need you to be well educated, it's only need us to be familiar with technology and stay up to date with it.

Rune
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September 18, 2018, 05:19:58 AM
 #629

Cryptocurrency is a bit hard to understand you already have fiat people cant even imagain why they need better money it's all they know.
People don't even consider what money is there just told they need it to buy stuff better then trading goats so they go along with it.
A loooong road ahead for bitcoin in this way
vadisel1
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September 18, 2018, 05:51:04 AM
 #630

i don't know what is the diffrence b/w staking and staking pool
rafi035
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September 18, 2018, 05:54:20 AM
 #631

I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
bitcoin is hard to understand with future developments and for ordinary people who don't know bitcoin and crypto currencies at all, they think fraud is for me in my opinion
Getmon
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September 18, 2018, 06:00:14 AM
 #632

I think you will start somewhere basic. People who have zero knowledge about crypto will really find it very hard to understand if you tell them about the complicated or highly technical terms and features of cryptocurrency. Try telling them that cryptocurrency is just like the fiat currency. However, the difference is that it is digital or online. And that it is therefore like doing an online transaction with their cards rather than their cash.

MEGA

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BlockchainGod
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September 18, 2018, 06:21:42 AM
 #633

I think that cryptocurrency is a very difficult topic to explain in simple language.

Ayasena
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September 18, 2018, 07:06:18 AM
 #634

maybe it's normal if someone finds difficulties when learning or trying to understand cryptocurrency, because according to them crypto is a new form of technology and it definitely takes a lot of time to understand it to understand. perhaps the fastest method for understanding crypto is through a site that provides crypto problems.
seanskie18
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September 18, 2018, 07:24:38 AM
 #635

At first it's yes, but when you allow your self to get knowledge or learn about cryptocurrencies then that's the time you can really understand about the crypto world. Don't be negative minded that bitcoin is difficult to understand just believe and trust yourself that you can do it and you can also understand about that, same as what we got right now.

westril688
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September 18, 2018, 07:34:40 AM
 #636

Hmmm, it is quite difficult. Those who have known it well like us now can be saying it is not. Although we have Internet genius that find discoveries more at ease.
But considering the time it took me to know it well to this extent, I will say it is somehow difficult. Yet, I still have a lot to understand about certain aspect of it.
Hmmm, it is quite difficult. Those who have known it well like us now can be saying it is not. Although we have Internet genius that find discoveries more at ease.
But considering the time it took me to know it well to this extent, I will say it is somehow difficult. Yet, I still have a lot to understand about certain aspect of it.
pinoyden
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September 18, 2018, 07:37:48 AM
 #637

At first it's yes, but when you allow your self to get knowledge or learn about cryptocurrencies then that's the time you can really understand about the crypto world. Don't be negative minded that bitcoin is difficult to understand just believe and trust yourself that you can do it and you can also understand about that, same as what we got right now.

thats right . we only need to think positive , so that we can learn and understand cryptos verry easy  .

 positive person ofteny gets sucesful than the negative ones because they are more motivated that they can do anything as soon as they like but we also need a patience to wait because we cant learn anything in just a blink of an eye.

 we cant learn cryptocurrency in just a day or overnight because cryptos is slightly difficult than a regular currency .
narginDalmasca
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September 18, 2018, 07:40:50 AM
 #638

This market will be very difficult to understand and difficult to analyze with one who has no knowledge at all. But when we summarize briefly, they will be easier to visualize. Even I, I haven't really learned all about this market because it is so much knowledge.
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September 18, 2018, 07:45:44 AM
 #639

Yes, at first i find it difficult and hard to understand of how it works and what are their purpose why they are built and created just for the sake of future currency. As i dig more doing research and watching videos on youtube it gave me best interest and passion to learn about cryptocurrency. I was hoping that if i'd share my knowledge on my fellow friends hopefully they will be willing to listen and easy to understand as well.

Lumi3004
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September 18, 2018, 07:58:15 AM
 #640

I give a little view of cryptocurrency, is one of the main strengths of technology because it allows to access all the effects, there are still many things that are better for cryptocurrency.

In the case of cryptocurrency you can easily explain to ordinary people that they can be understood. By way of explaining:

1. Cryptocurrency Unlike conventional currency that is prone to counterfeiting, cryptographic rules applied to Crypto currency make its owners avoid the same risks.
2. Cryptocurrency is not owned by any country, making it easy to use anywhere in the world.
3. Cryptocurrency is a new form of community savings that is applied with a system that is not troublesome.
4. Cryptocurrency is very beneficial because we can control our own finances.
5. If we look at the physical side of the cryptocurrency can be stored on a website in the form of data2, which means that while you have an internet connection and your smart phone can transact with crypto currency.

So this is at least understandable for ordinary people about cryptocurrency.
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