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Author Topic: ‘Crypto not meant for humans’ says Anthony Pompliano  (Read 634 times)
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March 10, 2019, 03:59:14 PM
 #61

IMO this is an easy concept, similar to the internet. Humans Users don't have to know about TCP/IP & HTTP to use the internet.

I'm pretty sure that wallets will get more and more user-friendly so that users don't even know they are using blockchain/cryptocurrency.
Exactly, so by the time  it becomes so user friendly and everyone  is now so familiar with using the system without recognizing its blockchain, then Anthony pompliano will now realize that bitcoin is actually crypto is designed for humans and it is only a good knowledge of it that is needed and this becomes a sweet reality when government worldwide starts implementing the policy of moment been taught in our educational system
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March 10, 2019, 04:50:49 PM
 #62

The truth is that we, humans, are not much further (evolutionary) than the guys that were checking the coins' authenticity with their teeth. I'm sure you've seen that in movies.
And since Bitcoin is not physical, you can only imagine this:

[im g]https://i.imgur.com/fRF9PmN.png[/img]


But evolution is never easy. We will evolve, don't worry. As a matter of fact, some of us already did.
Yes, I think what he is referring to as standard is the value it was as at early days and i have given down a  little breakdown here.The value of BtC as at July 2010 was $0.08 and in 5 days the price skyrocket 900 percent.

In July 2010 it became $0.125, Feb 2011-April 2011 $1 and this is the same year bitcoin took parity with the Us dollar and on the 8 of July 2011 bitcoin was $31.00.. So, if i answered your question, this is the early rise of bitcoin and its standard.
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March 10, 2019, 06:19:54 PM
 #63

The truth is that we, humans, are not much further (evolutionary) than the guys that were checking the coins' authenticity with their teeth. I'm sure you've seen that in movies.
And since Bitcoin is not physical, you can only imagine this:

[im g]https://i.imgur.com/fRF9PmN.png[/img]


But evolution is never easy. We will evolve, don't worry. As a matter of fact, some of us already did.
Yes, I think what he is referring to as standard is the value it was as at early days and i have given down a  little breakdown here.The value of BtC as at July 2010 was $0.08 and in 5 days the price skyrocket 900 percent.

In July 2010 it became $0.125, Feb 2011-April 2011 $1 and this is the same year bitcoin took parity with the Us dollar and on the 8 of July 2011 bitcoin was $31.00.. So, if i answered your question, this is the early rise of bitcoin and its standard.
I think he was right with what he said about crypto not meant for humans because it was meant for genius. However, he was actually talking about the standard crypto currency in the aspect of making trusted, borderless payment and crypto increasing people uses of computer, phones etc.

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March 11, 2019, 09:56:55 AM
 #64

Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano
I wouldn't just jump to the conclusion that it not for us, rather it has not evolved yet to the point that everyone could understand it intuitively. This just shows that we just need more time to improve its technology side.

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March 11, 2019, 05:04:35 PM
 #65

nice joke.

the only reason why some people have a hard time with cryptocurrencies is either because they encountered some bullshit sources like shitty news sites that are owned by people who don't even know what they are but try to tell others! so the result is only them misleading people.

or they are too caught up in some pump and dump altcoin or some scam ICO that they are now confused why their promises are not coming true and why the coins they are bag holding continue getting dumped while they were promised big returns...

Correct and agree with it.  Cheesy

The first thing that will come to their mind is profit. Not something that will change the future.
I have talked to a lot of people and that is the answer that I get.
He is right it is not for human. For we are all full of greed and we just want the money that will come. We dont see the advance technology that it can provide for ours and we just want the now and not the future.

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March 11, 2019, 05:37:11 PM
 #66

IMO, there is truth in both statements:

a) crypto is built for machine to machine payments
b) people have hard time understanding crypto due to lack of education about what money is and lack of education about the technical side of crypto.

So I do think cryptocurrencies can be used both by people and by machines simultaneously in a future world where such payments have become the dominant monetary reality.
It is hardly necessary to argue that cryptocurrency is not intended for use by people. There is practically no such area of ​​activity where one could argue that it is not intended for people. Another thing is that certain types of activities require special knowledge and training. Cryptocurrency, contrary to the opinion of some, also requires special knowledge and experience. In order to fully engage in cryptocurrency, and most importantly, to protect it, ordinary household knowledge is not enough. Therefore, for the mass user, cryptocurrency needs to be simplified.

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March 12, 2019, 05:57:42 PM
 #67

If the crypto currencies and all of the crypto community is not meant for humans, then why it was created and used by humans? Isn’t it seems like a big joke if it were just made and will not be used by anyone, if not humans, then who will be the one that will used it? Maybe, and as truly to say, there are lots of people that still don’t understand the different aspects and way goes of the crypto, but people are just simple. People are keep on gaining knowledge as well as keep on striving in the crypto community as for them to say that crypto is made for them.
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March 30, 2019, 01:16:21 AM
 #68

indeed, if we look at as many ico as they appear, they are a team formed for a machine or technology. so basically crypto is bought and traded by humans, but the profits generated, are used for the development of these machines and technologies.
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March 30, 2019, 06:01:37 AM
 #69

indeed, if we look at as many ico as they appear, they are a team formed for a machine or technology. so basically crypto is bought and traded by humans, but the profits generated, are used for the development of these machines and technologies.

but who will use those machines and technologies ? still the human right ?  so far i dont see any project built by ico's that is not related to human use . the creation of crypto is obviously to have an alternate payment system and who can use it ? still the humans !  .   i cant think of any reasons anymore on why crypto is not meant for humans  .

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March 30, 2019, 01:22:50 PM
 #70

Disagree on this one humans can use crypto equally well. The reason it is so hard for many to understand is because our schools don’t teach us what money really is, .I think it's definitely that way. they will be understandable as time passes..

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March 30, 2019, 02:16:01 PM
 #71

Disagree on this one humans can use crypto equally well. The reason it is so hard for many to understand is because our schools don’t teach us what money really is, .I think it's definitely that way. they will be understandable as time passes..

Sorry but bitcoin is very easy to use and understand.  Anyone in elementary school is able to learn how it works, people are just lazy and want to have their hand held.  They do not like being responsible for their own security.  This is why bitcoin will never completely overtake banks.




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March 31, 2019, 04:59:48 AM
 #72

Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano

And zap !
He's being owned by CZ. Another reason why many do not understand crypto is that they only have a goal to profit, and override the losses and risks.
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May 08, 2019, 04:17:45 AM
 #73

The truth is that for some people it is really quite difficult to understand both the nature and the essence of the functioning of cryptocurrency, and it is also rather difficult to use it in practice. It is also necessary to take into account the existing language barrier. In order for a cryptocurrency to become available to an ordinary person, it must also be simplified and increased the safety of its use. Hacking and fraud are very serious difficulties in the development of cryptocurrency. Many people write that people are too lazy to learn how to use cryptocurrency. Yes, lazy. Because there really is something to study, and study a lot. And an ordinary person with his many problems does not need it. He will prefer to continue to use the existing means of payment that is proven and safe for him. If we want people to be interested in using cryptocurrency, it needs to be greatly simplified.

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May 08, 2019, 05:59:01 AM
 #74

The truth is that for some people it is really quite difficult to understand both the nature and the essence of the functioning of cryptocurrency, and it is also rather difficult to use it in practice. It is also necessary to take into account the existing language barrier. In order for a cryptocurrency to become available to an ordinary person, it must also be simplified and increased the safety of its use. Hacking and fraud are very serious difficulties in the development of cryptocurrency. Many people write that people are too lazy to learn how to use cryptocurrency. Yes, lazy. Because there really is something to study, and study a lot. And an ordinary person with his many problems does not need it. He will prefer to continue to use the existing means of payment that is proven and safe for him. If we want people to be interested in using cryptocurrency, it needs to be greatly simplified.
hacking is increasingly rampant because the law does not yet exist. with so many thieves, as if they were working freely. hence government policy is needed to encourage growth

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May 08, 2019, 06:24:47 AM
 #75

The truth is that for some people it is really quite difficult to understand both the nature and the essence of the functioning of cryptocurrency, and it is also rather difficult to use it in practice. It is also necessary to take into account the existing language barrier. In order for a cryptocurrency to become available to an ordinary person, it must also be simplified and increased the safety of its use. Hacking and fraud are very serious difficulties in the development of cryptocurrency. Many people write that people are too lazy to learn how to use cryptocurrency. Yes, lazy. Because there really is something to study, and study a lot. And an ordinary person with his many problems does not need it. He will prefer to continue to use the existing means of payment that is proven and safe for him. If we want people to be interested in using cryptocurrency, it needs to be greatly simplified.

In my opinion, there is actually no need for all people to fully understand the workings of cryptocurrency in the same manner that not all people do understand the process utilized by Visa or MasterCard for that matter. Is it necessary for me to understand the formula used by my favorite facial cream in order to successfully use it? No, there is no need for that though the knowledge is always available for anyone to dig. Now, what we need then are practical applications that can use Bitcoin. People do not generally care about the details of anything unless it is their own expertise but if there is something that can make their lives better then they will easily adopt it.
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May 08, 2019, 10:20:11 AM
 #76

The truth is that for some people it is really quite difficult to understand both the nature and the essence of the functioning of cryptocurrency, and it is also rather difficult to use it in practice. It is also necessary to take into account the existing language barrier. In order for a cryptocurrency to become available to an ordinary person, it must also be simplified and increased the safety of its use. Hacking and fraud are very serious difficulties in the development of cryptocurrency. Many people write that people are too lazy to learn how to use cryptocurrency. Yes, lazy. Because there really is something to study, and study a lot. And an ordinary person with his many problems does not need it. He will prefer to continue to use the existing means of payment that is proven and safe for him. If we want people to be interested in using cryptocurrency, it needs to be greatly simplified.
hacking is increasingly rampant because the law does not yet exist. with so many thieves, as if they were working freely. hence government policy is needed to encourage growth
if the law of hackers is made and thieves still do it anyway. because this is a digital world so they can do that without our knowledge and stealing is their job. So, we must prioritize security when we are here, don't let us neglect or make the slightest mistake because that's when they start acting.


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May 08, 2019, 11:41:17 AM
 #77

So for once, I don't agree with this person.
When they do cryptos transactions, they don't need to know what the block size is, what the hashrate is or whatever. They just need to understand that it is a digital currency and how to make a transaction. And with current solutions, even a 10-year-old child can do a TX. They don't need to understand everything. They use the Internet without even knowing what https or HDCP means.



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May 09, 2019, 05:24:21 AM
 #78

The truth is that for some people it is really quite difficult to understand both the nature and the essence of the functioning of cryptocurrency, and it is also rather difficult to use it in practice. It is also necessary to take into account the existing language barrier. In order for a cryptocurrency to become available to an ordinary person, it must also be simplified and increased the safety of its use. Hacking and fraud are very serious difficulties in the development of cryptocurrency. Many people write that people are too lazy to learn how to use cryptocurrency. Yes, lazy. Because there really is something to study, and study a lot. And an ordinary person with his many problems does not need it. He will prefer to continue to use the existing means of payment that is proven and safe for him. If we want people to be interested in using cryptocurrency, it needs to be greatly simplified.
I guess it is the lack of understanding of the cryptocurrency that is still making the adoption rate so low, and those who are in it doesn’t also understand the language of cryptocurrency, when the hear cryptocurrency, all they see is investment, profit making machines, meanwhile cryptocurrency is far way beyond that, it wasn’t easy for me neither to understand the concept, until I did thorough research.

For people to be able to see the real solution that Cryptocurrency has brought there is really need for the crypto process to be really simplified before people can accept it as payment system and also government will stop seeing it as threat to their rule of power.
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May 10, 2019, 09:55:40 PM
 #79

Well is build for machines but people have to use it to work and also people need to mine or to have nodes and blockchain online to maintain the network of a coin and this are made by people.

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May 11, 2019, 05:39:07 AM
 #80

Anthony Pompliano recently tweeted that the reason why people are having a hard time understanding cryptos is because it is not designed for humans.

Read more here: https://www.unblock.news/news/crypto-not-meant-for-humans-says-anthony-pompliano
Some people really make me question whether they've got some senses or not. If cryptocurrency is not meant for humans , then who is it meant for, aliens?👽 I even came across a comment that said cryptocurrency is meant for machines, meeehn...I just don't know what reply him.

Cryptocurrency is meant for we humans, the thing is that people just don't like it, simple. And there are those who think it is scam and it will end anytime soon, worst of it all is what the media is saying about it. So some people are just afraid to make use of it, just cause of what they think about it.
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