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Author Topic: Is cryptocurrency so difficult to understand  (Read 7194 times)
enogheghase123
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October 06, 2018, 09:52:13 AM
 #1041

Crytocurrency may be complex, but a willing mind can easily understand the concepts of cryptocurrency. The problem is that most people find it difficult to adopt to change, they rather stick to the old ways of doing things, but if we can agree on something, that the world is gradually approaching a cashless digital state, soon, you won't need to preach too much as everyone will have no choice than to adopt cryptocurrency.

lenovo4456
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October 06, 2018, 01:06:51 PM
 #1042

Sometimes cryptocurrency for me is hard to understand. Because I have always asked why so many altcoins exist. Indeed cryptocurrency is difficult to understand and we must continue to learn a lot about cryptocurrency. Because I think the knowledge I got is still very little.
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October 07, 2018, 01:31:37 AM
 #1043

Yes i agree that once you are new in crypto world its hard to understand some topics about it but if you're willing to learn and know more about it you can reading and researching is a one way to understand crypto and it will takes a long time to know more.

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October 07, 2018, 01:46:46 AM
 #1044

only people who don't have the ability who will never understand Bitcoin. Basically, Bitcoin is an easy thing to understand, therefore Bitcoin is the most common thing and I believe that everyone in the world can understand Bitcoin. Idle people and those who don't have the will, they will never be able to achieve the results they want.
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October 07, 2018, 02:17:55 AM
 #1045

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.
Anything we are not familiar with and we're not used to be with is really difficult to understand at first. But we should always take time and be willing to learn what Crypto is all about. Reading news and articles and researchimg would be useful.
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October 07, 2018, 03:39:56 AM
 #1046

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.
it really difficult, first time i started it took me over 3 month to fully understand cryptocurrency
bryant.coleman
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October 07, 2018, 04:40:34 AM
 #1047

I've been in to this field for more than 6 years now, and I would admit that even now I am not familiar with some of the concepts. Those with a programming/coding background may be able to grasp them better, it seems.
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October 07, 2018, 06:15:56 AM
 #1048

To be frank with you, this is one topic after global warming that I haven't been able to get a grab on. So many terms associated to it, so many coins, so many different news headlines, too much to follow even half of it. So if someone claims that understanding cryptocurrency is pretty hard, then I vibe with the person too. I'm yet to see a site or forum that has simplified its definition well enough. Recently I even heard that Bitcoin/cryptocurrency are not virtual money, but all my life, I've always thought it to be virtual money, so this is really new to me. Dear, crypto, how are you and, who are you? lol

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October 07, 2018, 08:02:42 AM
 #1049

I don't really think that you have to fully understand it I just think you have to know the basics and how to secure your own wallet.
To be honest people wouldn't understand something that they don't really want.

 
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October 07, 2018, 08:16:31 AM
 #1050

at first it's very difficult especially if you're weak in math or currency intuition but it's quick to learn it, especially when you study it really well. Even though I was the only one I was struggling with, but when the money was being analyzed you were getting more and more people so you could do it.

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October 07, 2018, 09:10:55 AM
 #1051

I tried explaining cryptocurrency to a couple of my colleagues in my community but they find it hard to understand. What I did was, I opened my accounts to them, showed them the value of the coins and how it can be used to purchase things. At that point, I was able to get them to understand after we continued our conversation on cryptocurrency. 
It is always necessary to back your lessons with facts and evidence. People tend to understand concepts when they are backed with evidence and made more practical. Cryptocurrency and the Blockchain consist of fundamental concepts which is easily understood in order to increase its patronage and hit the mainstream.

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Ethan Argu
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October 07, 2018, 10:48:53 AM
 #1052

Yeah its hard to understand for those people who have enough knowledge in digital. Some old people dont have any interest in digital world and some are did not believe in how earn in bitcoin they say that you cant earn in bitcoin because of loack of knowledge they didnt know how it works. So  before you in in this industry you need to study first before start in bitcoin.

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faceoff97
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October 07, 2018, 11:23:55 AM
 #1053

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.
The truth is that the technology behind the Crptocurrencies is so complex. But the cryptocurrency should not be appearing as conplicated since this would not attract more people to engage with it. It should be simple and easy to learn, people should be oriented that having the cryptocurrency will make more secure and better mean of transferring funds. People should be attracted to use it to use as a form of payment for their daily activity. A simple kind of wallet can make them understand the simplicity of the cryptocurrencies. Having wallet that is user friendly will attract people and made them understand the use of crypto. You might check some wallet like "HODLER wallet" it has Clear design and default configuration allowing you to easily send and receive cryptocurrencies
quocsi
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October 07, 2018, 12:39:40 PM
 #1054

The concept of talking about electronic money is really confusing if you have no knowledge of it. I think if you want to understand it, you can read the posts on this forum. Also you can learn it through the media. Join the telegram groups talking about electronic money and conduct conversations with them to better understand the concepts of electronic money. Electronic money is not too difficult

bloodyvio
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October 07, 2018, 02:36:47 PM
 #1055

to be honest to me is very difficult
too complicated and too many zeros behind zero
for us here it's definitely easy and understand but for those who are new in the crypto world, of course it's not easy
and to run nodes or mining it is definitely difficult for newbies

feehannah
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October 07, 2018, 02:44:09 PM
 #1056

If someone is really want to understand cryptocurrency it is not difficult. Only in your mind has a negative thought that crypto was difficult to understand. In the beginning it is quite complicated but if you learn it even little by little you will be able to understand and you can say that doing and understanding cryptocurrency is just easy. 
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October 07, 2018, 02:46:58 PM
 #1057

Yes, the cryptocurrency is so difficult to understand for the newbie but if you carefully study that space you will understand it and you would love to be here since it is not just giving another knowledge but it would give you a prolific investment that would surely change your life.

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October 07, 2018, 03:14:13 PM
 #1058

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.
Right, some people they are ignorance about in cryptocurrency especially who lived in rural area and if you tell them about in cryptocurrency they didn't understand it is difficult for them, it's better to give them knowledge and information as guide to make them easy to understand and to get more better about the background of cryptocurrency.
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October 07, 2018, 05:47:39 PM
 #1059

I'm sure, in the event we would like to study absolutely nothing is far too complicated for people like us, it's possible after we primary learn this crypto foreign exchange most of us will probably claim it truly is complicated although soon after most of us fully grasp this crypto foreign exchange absolutely nothing is complicated, the idea is most of us avoid getting care-free to know.
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October 07, 2018, 06:10:15 PM
Last edit: October 07, 2018, 06:42:16 PM by junglist.massive
 #1060

Actually you don't have to bother explaining that, you’ll just look like a geek and your talk will just be a breeze because your talk is considered boring. You must know who you are talking to, there are many people who have closed themselves to crypto because of stigma and public opinion.
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