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Author Topic: Cryptocurrency is too complicated  (Read 1716 times)
dhiraj0977
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March 30, 2019, 05:17:44 PM
 #321

I never find it too complicated, everything is transparent, every transaction has full details on each blockchain explorers, although transaction time of diffenent blockchain and mining time varies. I rather find purest form of transaction between peer to peer without any involvement of third party or free of different type of taxes, which all government poses on every individuals.

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March 30, 2019, 05:30:47 PM
 #322

Yeah its like early days of ing computer. But with new innovation everyday and increasing mass acceptibilty this depend will also change. More startup will come to solved daily problem of crypto like to make people educate to use it , to use it with full srcurity of funds,to make it more convenient for people to do transaction. As these things will improve crypto technology get simplifier

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March 30, 2019, 05:49:04 PM
 #323

Maybe first, but cryptocurrencr is now a normal and uncomplicated thing, the proof is that there are more than 2000 coins that we can buy in the market, the tricky thing is to make coins survive the competition.

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snakey
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March 30, 2019, 05:50:13 PM
 #324

There is nothing new to learn in crypto currency, infact it is as simple as if you understand fiat. The difficult part is Blockchain.
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March 30, 2019, 05:51:23 PM
 #325

You know banks are complicated too. There is a lot of paper work you have to do just to get access to an exchange. And complication of crypto is for it's safety.
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March 30, 2019, 05:52:46 PM
 #326

In fact, there is nothing difficult, but some specific amount of effort will need to be made to understand the aspects of the work of cryptocurrencies, unfortunately this is an impossible task for most people.

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Kulkhan
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March 30, 2019, 06:05:09 PM
 #327

No cryptocurrency is not complicated. It is more easy from other currency. It is fully decentralised. Today cryptocurrency is more popular for It's flexibility. When we study more about cryptocurrency then it will be easy for us.          

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junkerr
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March 30, 2019, 06:10:36 PM
 #328

In fact, there is nothing difficult, but some specific amount of effort will need to be made to understand the aspects of the work of cryptocurrencies, unfortunately this is an impossible task for most people.
therefore many people say if cryptocurrency is indeed very complicated. those who are new to crypto may only be traded assets, but behind that there is a technology that is very complicated to learn.

Chuky92
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March 30, 2019, 06:16:24 PM
 #329

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.

No it isn't hard or complicated as you might think. I have read many whitepapers who aims to make blockchain and as such cryptocurrency achieve mass adoption; the problem is actually not cryptocurrencies, but rather the services they are built on (although a little percentage goes to the volatility of the crypto space). So to achieve mass adoption where cryptocurrencies will be used in everyday endeavours, the services they are built on need to be integrable with fiat payment systems.




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March 30, 2019, 06:33:39 PM
 #330

I do not think that cryptocurrencies are complex. Perhaps they are so presented informationally that would confuse people, but if you look at and study the information about the blockchain and cryptocurrency, it turns out that not everything seems so at first glance. As for centralized financial companies, which are supposedly working to solve problems, this is not all. The fact is that if the problem is solved, it is very slow and it’s not a fact that the problems will be solved. It seems to me that not everything is so unequivocal, and in order to make the right conclusions, we need to figure everything out, and only then draw conclusions.
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March 30, 2019, 07:23:21 PM
 #331

Those who really want to work with cryptocurrency will learn, but now it is not very easy to earn money in cryptocurrency, but it is all temporary.

Bim abk
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March 30, 2019, 07:31:54 PM
 #332

Those who really want to work with cryptocurrency will learn, but now it is not very easy to earn money in cryptocurrency, but it is all temporary.
yes I also understood that crypto was difficult to understand by people who easily gave up the process of knowing the crypto. I am sure that if you want to study properly then there will be results even in small numbers because now it is quite difficult to get big profits
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March 30, 2019, 07:51:03 PM
 #333

Those who really want to work with cryptocurrency will learn, but now it is not very easy to earn money in cryptocurrency, but it is all temporary.
yes I also understood that crypto was difficult to understand by people who easily gave up the process of knowing the crypto. I am sure that if you want to study properly then there will be results even in small numbers because now it is quite difficult to get big profits
I do not think that is too scary. If you already know about trade, why do not you take care of others? If you have knowledge about technical analysis, forex will be more appropriate. In such cases it can be more attractive.
sertans
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March 30, 2019, 07:56:35 PM
 #334

Even mobile phones are still so complicated for elder people. So all community needs time for get use to crypto world. Even crypto world will find more easier ways for mass adoption.
leetcoiner
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March 30, 2019, 08:22:45 PM
 #335

Even mobile phones are still so complicated for elder people. So all community needs time for get use to crypto world. Even crypto world will find more easier ways for mass adoption.
Well, a new generation has been sleeping for a long time with mobile phones. It is very easy for young people to make transactions in cryptocurrency and this is already progress.
natka
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March 30, 2019, 08:54:49 PM
 #336

Even mobile phones are still so complicated for elder people. So all community needs time for get use to crypto world. Even crypto world will find more easier ways for mass adoption.
Well, a new generation has been sleeping for a long time with mobile phones. It is very easy for young people to make transactions in cryptocurrency and this is already progress.
Do you know why Moses drove 40 years of Jews in the desert? This was done in order to change the generation and new generations will no longer be servile and worship other gods. To the same can be said about cryptocurrency. Mass use of cryptocurrency will be only when they will live only new generations, and the old will die. I say this because almost half of the population of the planet, and perhaps more, are the very people who can never use cryptocurrency, and maybe even resist it.
dawai asmara
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March 30, 2019, 09:09:06 PM
 #337

Even mobile phones are still so complicated for elder people. So all community needs time for get use to crypto world. Even crypto world will find more easier ways for mass adoption.
Well, a new generation has been sleeping for a long time with mobile phones. It is very easy for young people to make transactions in cryptocurrency and this is already progress.
we do have to adapt to the development of the times because that's what we have to do if we don't want to be left out of the times.
so if we still see whether crypto is complicated then it proves if we lack learning.
cryptowolfsu
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March 30, 2019, 10:37:51 PM
 #338


Cryptocurrency payments will be accessible for those who are excluded from the banking system at the moment. They are  easy to use,
convenient, fast and cheap payment solutions on a decentralized way, becoming more user friendly day by day.

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March 30, 2019, 10:54:18 PM
 #339

Yes at first for new people will have a hard time on understanding Cryptocurrency but because of the project or companies that is creating DAPP's using Cryptocurrency and blockchain technology then it became easier for new comers to get involve in this ecosystem.

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March 30, 2019, 11:47:02 PM
 #340

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 don't see Cryptocurrency payments as technically complicated maybe because I am educated but then it goes a long way to show that a greater percentage of the world population is uneducated and informed. It is not a cryptocurrency or blockchain technology problem
I agree, crypto and blockchain are actually not complicated for educated people, it's just that there are some populations in the world that are less educated so that crypto is considered complicated, if crypto wants to be a payment transaction tool then this will be difficult to realize, in the future when technology already growing, payment using crypto must have already begun
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