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Author Topic: Cryptocurrency is too complicated  (Read 1720 times)
VanDeinsberg12
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March 13, 2019, 06:37:12 AM
 #21

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.
Basically before try to use and a newbie needs to get some education about blockchain but i understand about what point of yours. but blockchain will try to remove the middle party. some people have used it to buy gift card, voucher or something else and it's all working smoothly.

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March 13, 2019, 06:39:39 AM
 #22

Cryptocurrency and blockchain may be difficult if only you have not taken you time to learn how it works and how to use, the 21st century technology have been made very simple for all to use. It may look difficult when you have not study it but as soon as you have an adequate knowledge about it you will fine it easy.
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March 13, 2019, 06:49:38 AM
 #23

It looks difficult and complicated for those who have not studied crypto and blockchain, but after knowing and understanding, positive things will be obtained and will use them well. Management of personal assets is more effective and safe if the owner is able to manage them wisely, must be able to do it and for future developments.
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March 13, 2019, 06:53:37 AM
 #24

I don't think it's complicated, even a teenager can used it, you just need a wallet to do transaction and you don't need to fill any form or being asked any questions when you want to do transaction, we don't necessarily need to understand how blockchain or technical stuff to do transaction, we put the address, put the amount, click the send button and wait for the confirmation, its that simple
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March 13, 2019, 06:57:06 AM
 #25

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.

Cryptocurrencies transaction is so simple I think. It is also transparent and traceable. I think it is much more reasonable to use crypto in corporate transactions rather than individual transactions.
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March 13, 2019, 06:57:32 AM
 #26

When I first entered the Cryptocurrency, I thought this was indeed very complicated. However, I continued to learn and read a lot in this forum so I understood Cryptocurrency. And now I don't think Cryptocurrency is complicated, but it's a profitable business.
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March 13, 2019, 06:58:47 AM
 #27

Nothing complicated in this industry except technical `adjustments. Even my small brother can download the crypto wallets and can use it for making transactions. If you can spend 2 hours a day then it will look easy for you every day.

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bakermaker123
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March 13, 2019, 07:08:18 AM
 #28

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.
It's true that the cryptocurrency is quite complicated because I know the feeling of not knowing what I am doing when I start doing cryptocurrrency. But after sometime, I realized that it is quite easy and it's fun learning it. You just need to invest time at it.

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March 13, 2019, 07:13:12 AM
 #29

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 think this is what some projects are trying to solve. Projects like Equal have created a wallet easy enough use that I think a grandma or a 5-year old (with a little guide) can use. This is from their website "A wallet crafted to reduce the steep learning curve of the blockchain."  
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March 13, 2019, 07:23:54 AM
 #30

How complicated? Cryptocurrency is very easy to use for me and if I could remember right ,I got zero knowledge how it works yet no one thought me anything and I'm still able to transact ,ways to earn money in crypto is the only complicated one not payment transactions
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March 13, 2019, 08:24:15 AM
 #31

Crypto seems complicated for those who are reluctant to learn, I as a beginner also still learns and needs to learn all this to explore their potential. There must be a way to continue studying crypto, crypto will provide an important benefit in my life, I believe that.
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March 13, 2019, 08:32:13 AM
 #32

transacting using cryptoqurency is not complicated in my opinion this is easy to do. even most people use cryptoqurency because they know a lot of benefits but I think you need to take a moment to find out the basic functions of Blokchain's technology.

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March 13, 2019, 08:40:23 AM
 #33

Transactions in cryptocurrency are very easy, many people say that, including me, with the ease of the blockchain this will be hardened from the difficulty of payment, so this is very much beneficial for us.
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March 13, 2019, 09:27:38 AM
 #34

I think it's very easy to use cryptocurrency. Transaction sophistication in cryptocurrency makes transactions easier without having to involve many parties. Therefore, we must increase our knowledge about cryptocurrency before saying that cryptocurrency is very complicated to use.
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March 13, 2019, 10:27:06 AM
 #35

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 understand what do you mean by complicated? It only complicate things if you really don't know how to trade, use your wallet, protect your exchanges account. For me everything is easy and even transparent in the blockchain.

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March 13, 2019, 10:37:24 AM
 #36

Crypto seems very complicated,  as a beginner, when I wanted to start trades I didn't have the luck to move move with the right signals and get the fair projects to invest on. But today , I'm going to tell you, it's not all completely that it's seems you just going to work with the part that works well for you . Some investors likes investing in upcoming projects which works for them quite well. 
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March 13, 2019, 10:38:12 AM
 #37

i think it is just you who are finding it too complicated because you had some bad experiences with badly designed programs. otherwise there are good ones too. for example the bitcoin wallets such as electrum have been making life so much easier for regular users, although the same thing is rarely found in an altcoin because real developers never bother with pump and dumps, it would be a waste of their time. .

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March 13, 2019, 10:41:37 AM
 #38

I think the OP might have a bad experience with crypto that's why he is saying that it's too complicated. At first I'm lost as well, but I tried to get lots of knowledge specially that you are your own bank here. So you need to learn how to protect your privatekeys and other important details.

As for the transactions, you just need to have a wallet and then send some coins to someone. I think it's not that complicated. It only gets complicated if you're totally not aware the inner workings of crpyto so I suggest to the OP to dig deeper and learn how everything works.
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March 13, 2019, 10:51:01 AM
 #39

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 issues of complication in the transactions of cryptos will be put to rest with the advent and introduction of cryptos featured smartphones, Samsung and HTC are some of the pioneering phone manufacturers that had already incorporated those features, this will proffers solutions to any difficulties in transactions of cryptos it will also facilitate easy exchange of fiat to cryptos vise versa.

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March 13, 2019, 11:22:14 AM
 #40

I don't agree with this claim that cryptocurrency is too complicated. To me, it is not at all. As far as someone knows how to read, and also knows how to use a computer or phone then he or she is good to go in the usage of cryptocurrency. Just need to learn some of its rudiments. Afterall, the motive is to make money.
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