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Author Topic: Cryptocurrency is too complicated  (Read 1716 times)
mickey_miner
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March 17, 2019, 10:19:41 PM
 #181

Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
You write the obvious things. Over time, people will achieve ease of use of cryptocurrency and then they will be used by many people.






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March 17, 2019, 10:25:20 PM
 #182

Cryptocurrency is truly complicated so it's important that if we enter to crypto we need some knowledge so we can survive here and we need to learn everything. So we can't disappointed in down time in crypto.

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March 17, 2019, 10:30:14 PM
 #183

I think that there is nothing complicated in cryptocurrencies. And I can not understand is the transaction someone takes so much time that it is such a big problem.
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March 17, 2019, 10:34:48 PM
 #184

I do not think crypto currency is complicated
It is we investors or traders that are complicated because we buy cheap and always want to sell higher than normal percentages; but when we are in loss we blame it on dumpers forgotten we ourselves bought the dumps
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March 17, 2019, 10:59:27 PM
 #185

for now it hasn't, but I'm sure that in the end the blockchain will experience many improvements that will overcome all the problems and eventually people will move to using blockchain and leave the BANK
we just waited for the next 10 years because at that time the way people transact would change

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March 26, 2019, 04:34:05 PM
 #186

The truth is that cryptocurrency is complicated and I believe crypto education will solve this to an extent. Despite being in crypto for a while, I bet there are still many people in the space who still don't understand the word "blockchain" which forms the basis of cryptocurrency. The crypto entry point is difficult for a common man, but once established in the system, it becomes easier. I think cryptocurrency will find its balance and will be simple and straightforward like ABC.

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March 26, 2019, 04:48:33 PM
 #187

Cryptocurrency is still in early stages of development and adoption just like the internet was in early nineties. All kind of common user-friendly solutions will appear in future to help with mass adoption.
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March 26, 2019, 05:18:59 PM
 #188

The weaknesses of newcomers when they first join the electronic world but are happy to pass all the odds, won and won in electronic money. Maybe because you have not yet thought think it is complicated, for many people is an opportunity.
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March 26, 2019, 05:28:51 PM
 #189

This is everyone's first encounter and perception of cryptocurrency especially when no one told you about it. Once anyone stays here for 2 or 3 months with constant study, cryptocurrency isn't that complicated.
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March 26, 2019, 05:30:32 PM
 #190

Cryptocurrency is truly complicated so it's important that if we enter to crypto we need some knowledge so we can survive here and we need to learn everything. So we can't disappointed in down time in crypto.


Because it is too complicated to make a lot of coins die, this is what makes us have to be selective in choosing coins, coins are often used for scams so that the market is still red.
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March 26, 2019, 05:32:21 PM
 #191

Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.

People don't need to understand the backend of bitcoin, they only need to understand two things:

1.- Whats a wallet.
2.- Whats an addy.

With that, anyone can use bitcoin as they want without problems.  Just to get the point, you don't need to understand how the motor works to drive a car, you only need to understand how to start the engine, how to shift and how to turn.

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March 26, 2019, 11:56:25 PM
 #192

It is not too  complicated and it is improving day by day. It becomes more user friendly with faster transactions and more secure. Stable coins also offering solutions for merchants  to solve  volatility issue they have.
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March 27, 2019, 12:19:06 AM
 #193

Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
I disagree with this school of taught.. Blockchain technology might still be in its infancy In terms of adoption but by no means is it at the same level with traditional fiat system of payment.. I think u are not realy exposed in the crypto-space please do try out xlm interstellar app and some other payment solutions available in the blockchain space and you will be fascinated with the ease,  bumper load of additional functions and lastly high performance in carrying transactions

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March 27, 2019, 02:17:57 AM
 #194

If someone new watch some videos and read some article and test with small amounts will teach how to use crypto, and after will be very easy for them to use, even more easy than make a bank transfer.
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March 27, 2019, 04:55:34 AM
 #195

If someone new watch some videos and read some article and test with small amounts will teach how to use crypto, and after will be very easy for them to use, even more easy than make a bank transfer.
By watching alone it will not help them understand easier.
Crypto is new to this world since in general we only have 1% of user in the entire population, so without interest it will be hard for a simple individual to understands. Maybe watching videos is just a first move that will gain attention, but further research is required.

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March 27, 2019, 05:26:21 AM
 #196

It is not too  complicated and it is improving day by day. It becomes more user friendly with faster transactions and more secure. Stable coins also offering solutions for merchants  to solve  volatility issue they have.

Yes, it is. People who think that it is complicated only if they don't want to learn the basics of using cryptocurrency. I think they only need how to send the money, what is the wallet, and it's enough because, after that, I am sure that they can be able to send the coin to another wallet. They don't need to learn more if they don't want because they only learn for what they need.

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March 27, 2019, 05:51:24 AM
 #197

Cryptocurrency is truly complicated so it's important that if we enter to crypto we need some knowledge so we can survive here and we need to learn everything. So we can't disappointed in down time in crypto.


Because it is too complicated to make a lot of coins die, this is what makes us have to be selective in choosing coins, coins are often used for scams so that the market is still red.
It's not about how to make crypto die and it seems you are misunderstanding about that dude. That's about how complicated for newbies to use crypto. that's the main point and it's about how too choose the best one.

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gensol
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March 27, 2019, 07:16:18 PM
 #198

It is not too  complicated and it is improving day by day. It becomes more user friendly with faster transactions and more secure. Stable coins also offering solutions for merchants  to solve  volatility issue they have.
The improvement is enabling easier use for both new entries and old members. In the case of security, hardware wallets are available and numerous exchange as well
Fivestar4everMVP
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March 27, 2019, 07:22:35 PM
 #199

Centralized financial companies are constantly working on solutions to make transactions between different parties as easy as possible, however, the cryptocurrency and blockchain payment solutions are very complicated for the average person to use.
Until this is put in check, cryptocurrency payments will never have a chance to overcome fist.
this is your opinion bro, though i do agree with you to some extent, crypto payment arent that complicated, if the average person can be able to operate a smartphone effectively, then why should they find crypto payment complicated or too hard to understand ? crypto is way easier but the averaage persons as you said just need some little training and they should be good to go

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go4crypto
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March 27, 2019, 07:27:43 PM
 #200

Cryptcurrency is still too hard for average person to understand and use effectively. Even experienced crypto investors have lost coins through mistakes. It will take some time for crypto to be as easy as using a credit card.
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