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Author Topic: you're making bitcoin complicated  (Read 1227 times)
CarnagexD
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September 03, 2020, 10:31:41 PM
 #41

this is strange, because in my opinion when a person enters the investment world that person is obliged to do a lot of research on the investment that he wants to make, and in this a lot of research the person will find hundreds of explanations that some may be difficult and others easy that in the end the person will end up understanding how bitcoin works,
The only problem these days is with people who jumps in into bitcoin because of the potential money they can gain from it, I'm pretty sure most of newbies in here only heard about it because of what happen in 2017 and because of the bitcoin's price, when in fact they don't know a single thing about it, not even how it really works. This problem has been there for like years now, we are getting the same question every week. It is very strange how people be coming here without anything on their mind. Read and read, and read!

today there is youtube that despite being full of people who only post videos to gain views there are still people who post good content and easy to understand
  If some of you guys isn't fond of reading, you can visit youtube for video visuals which is more easier than reading texts in article or blogs.
There is a study says that watching tutorial videos is more effective for 70% of people in the world, and it is pretty accessible because of the internet.

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September 03, 2020, 11:15:48 PM
 #42

I understand what you feel and you've been disappointed. But the reality is that crypto investment will no longer be a newbie-friendly. Why old users emphasize only the best one because they don't want to lead newcomers to be in trouble and much disappointing to see. They already have a bad experience in the past and they don't want others to experience the same. Maybe it is wrong of not telling why because we also need to know the consequences.

if we need to secure our funds and saves us from becoming a victim to scamming and lose control of our funds, better to listen to old users.



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September 03, 2020, 11:44:27 PM
 #43

I think you are misunderstanding Bitcoin users who are giving advice to newbies. They don't make Bitcoin complicated,
but the fact is that the world of Bitcoin is complicated, not as easy as imagined. Lots of newbies are victims of scammers,
if you don't follow Bitcoin users advice. Trust me Bitcoin users from the start only want to provide the best for newbies,
didn't intend making Bitcoin become complicated.

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September 04, 2020, 12:14:12 AM
 #44

beginners do not understand bitcoin they are likely to be tricked if they do not study bitcoin seriously.
before plunging into the world of crypto for beginners to learn bitcoin properly.
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September 04, 2020, 12:29:52 AM
 #45

There are pretty good resources on how to get started in Bitcoin in the web, and its pretty detailed with lots of information for a newbie to understand quick and easy. I started from there myself. Even youtube has lots of Crypto influencer that guides newbie step by step, you can even find local tutorials from your country in Youtube. I understand information much quickly to a video and verbally, maybe newbies could do it as well.

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September 04, 2020, 12:59:50 AM
 #46

This OP is rather twisted, and not what a regular user of bitcoin will tell a newbie.

Instead of a web wallet that is free and easy to use. ...

As others have said so well, a web wallet is not what a new user should be using.  The first thing to teach is always: "Not your keys, not your coins" ... If you aren't holding your coins, you risk losing them.

Bitcoin user will say Signature campaign ...

Also poor advice, and not what a regular user of bitcoin would say.  Any regular job is better than a signature campaign.


Bitcoin user wants to teach about one the good thing about bitcoin which is anonymity but for a newbie point of view, it will also make confusion because if im the newbie why do I need to become anonymous if im not planning to do bad things.

"anonymous if im not planning to do bad things."

This was the worst line in the OP, since it is what is usually spoken by those that wish to promote subjugation, or autocracy.   As we can currently see spreading around the world, it is better to avoid such paths.  This is the opposite of the whole point of bitcoin.



instead, teach them the basic about bitcoin which is a payment method where they can use online or they can do a person to person transaction
This was the only sane point in the OP.

Or, maybe, the OP was just so poor so as to rile people to post a response, and it wasn't meant to be serious.
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September 04, 2020, 01:15:32 AM
 #47

There are beginners who want to learn about Bitcoin and skip some basics. Because they want to go fast to trade on global or P2P exchanges. I confess that this happened to me in my first experience with Bitcoin.
Fortunately, as I am self-taught, I have managed my bitcoins and cryptocurrencies safely.
Ideally, they can continue learning every day so that they can use the safest methods to store their bitcoins.

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September 04, 2020, 05:05:08 AM
 #48

I think you could spare them some explanation.

Yes it is not newbie-friendly, but you could answer their answers, right? What is wrong with that? Some of us, maybe most of us here even learned what is Bitcoin and how to use it by themselves proving if you really wanted to use it, you could learn as you go. I guess what should be taught to these newbies is how they would earn it. Local exchanges here in our country is easy to use, I know it would not be their bitcoins since you are not holding any private keys but they could start by converting their fiat into cryptocurrency.
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September 04, 2020, 08:35:13 AM
 #49

What I'm most interested in is why you, as the author, used the pronoun "you" and not "we". So you don't identify with the crypto community? Or are everyone around you fools, but you are the only smart one? Or why?

instead, teach them the basic about bitcoin which is a payment method where they can use online or they can do a person to person transaction
Great idea. I suggest you start with yourself. How do you suggest implementing this in the best way?
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September 04, 2020, 09:03:51 AM
 #50

I usually try to stay away from most threads like this one... I mean, everything that needed to be said WAS said...
However, when scanning trough the 3 pages, i also saw people giving horrible advice (sure, most of the time they were contradicted, but still...). On multiple occasions i was tempted to start contradicting several posts made by several members. Instead, i opted to give my view on the situation...

Bitcoin user is making bitcoin complicated for a newbie
I discover that bitcoin is becoming more and more complicated not because it is really hard to understand
but instead those who are not new in bitcoin are making it complicated. (Even Myself  Grin)
--snip--
It doesn't matter if you go to an automobile forum, a forum dedicated to antique collectors or a technology forum dedicated to bitcoin... You'll always have newbies asking questions, you'll always have people giving really bad advice, you'll have people that are so techology-focussed and (let's be honest) a little bit elitist that'll give good (but very complicated) advice and you'll have relatively knowledgeable people that try to give newbie-focussed advice.
Bitcointalk is no exception... Does that mean this is bad? Not per sé, it's just human nature. Some people are friendly, some are asshats, some are a bit snobby...

If a newbie asks what is a good wallet to use?
Bitcoin User will answer the hardware wallet which is not free. Yes it is safest but not a newbie-friendly

Instead of a web wallet that is free and easy to use. Every wallet has its own flaws in order to secure your bitcoin you have to learn how to use it and make it secure.
It looks to me like you've never used a hardware wallet before... I mean, my first hardware wallet was a ledger HW.1. This was just a piece of plastic with a chip on it, it had no screen or nothing, but if you read leger's documentation even a newbie could easily use it. And it's not like that documentation was in the form of a book, it was just a couple of pages you needed to get trough.
Since then, the most popular wallet vendors (ledger and trezor) have made great strides towards user-friendlyness. It's gotten to the point i usually use electrum together with my hardware wallet since their official gui's have become so newbie-friendly some of the wallet features i use are no longer supported (coin controll for example, but to be honest, they did not remove that feature, it was just never there to begin with... To keep things "newbie-friendly" from the start).
Sure, they're not free, but come on, a trezor one costs 59€. If you're serious about investing in crypto, that shouldn't be to much.

But even if it is to much (to expensive that is), pointing newbies towards ANY web wallet is just setting them up for dissapointment later on. I think it's better to point them to a newbie-friendly,desktop desktop wallet. Sure, there'll be a learning curve, but hey, they have to learn some day. If you point newbies towards (unsafe) webwallets, you'll end up with senior members blurting out things like "blockchain's wallet is safe... I've used it for years and didn't get scammed"... Offcourse, they don't get scammed untill the point where they DO get scammed. Really... Browse the forum... Just count the number of threads where users have lost funds due to web wallets.
Sure, desktop wallets can have flaws aswell, but atleast the power and controll was in YOUR hands, not in the hands of some unknown entity you just decided to trust.

By the way, it's also a misconception that a hardware wallet is the safest wallet... I mean, you could go for an airgapped non-HD wallet generated by the latest version of bitcoin core? Or maybe a properly generated paper wallet?
Even a hardware wallet sometimes has attack vectors... Usually they do require physical access to the device itself, and usually a patch is found for those attack vectors. And one weak spot is the recovery seed (unless you used an extra passphrase you haven't written down).

If a newbie asks how to earn bitcoin?
Bitcoin user will say Signature campaign which is also not newbie friendly because you cant join the signature campaign now if you are a newbie.until they discover the altcoin campaign where they can join but will be disappointed sooner or later because of not getting paid and leave bitcoin and tell that it is a scam.

Instead, teach them one of the basic ways to earn bitcoin which is micro earning where they can earn small amount of bitcoin like faucets for them to test bitcoin
yeah, but no... Do you really think a newbie will stick around after they've spend a whole week, 8 hours a day to make barely enough sat's to reach the minimum withdrawal limit, and even risk getting scammed by the faucet operator?
If a newbie asks how to get their hands on btc, my answer usually goes to the direction of telling them to either sell their goods/services for bitcoin, or (if they don't have any marketable goods/online skills that are in demand in the bitcoin community) get an IRL job and convert part of their wage into BTC. I mean, in most developed countries you'll make $10/hour just by flipping burgers... That's a hell of a lot more than you'll ever make with those faucets or PTC thingies...

If a newbie asks what good thing about bitcoin? anonymity?
Bitcoin user wants to teach about one the good thing about bitcoin which is anonymity but for a newbie point of view, it will also make confusion because if im the newbie why do I need to become anonymous if im not planning to do bad things.
--snip--
I've got some bad news for you... Bitcoin is pseudo-anonymous, not anonymous... It's never been anonymous, it wasn't made for complete anonimity.

Ah, and i see you've drawn Joseph Goebbels's privacy argument in the mix... Always a nice toutch...
source (unconfirmed, but commonly accepted): https://metro.co.uk/2015/11/05/a-tory-mp-might-have-quoted-goebbels-in-defence-of-the-governments-surveillance-bill-5481457/
Quote
Richard Graham, MP for Gloucester, was defending the government’s new surveillance bill when he said: ‘If you have nothing to hide, you have nothing to fear.’ The exact origin of the phrase is unknown, but it’s commonly attributed to Goebbels – who was the Nazi minister of Public Enlightenment and Propaganda.

--snip--
The possibility to be anonymous or pseudonymous relies on you not revealing any identifying information about yourself in connection with the bitcoin addresses you use.  If you post your bitcoin address on the web, then you're associating that address and any transactions with it with the name you posted under.  If you posted under a handle that you haven't associated with your real identity, then you're still pseudonymous.
--snip--

If you want anonimity, switch to a high-anonimity coin, but even then you'd have to be carefull about what you do...

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September 04, 2020, 11:37:56 AM
 #51

Rudeness is toxic for the community so some of you stop being mean  Grin
We have different knowledge, comprehension, understanding, and point of view let not only think of ourself
I'm here to learn more and to know your opinion
i want to know how to make bitcoin as simplest as possible at the same time safe
some of you have some good point I will keep that in mind
let us have a healthy discussion





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September 04, 2020, 12:20:52 PM
 #52

Obviously, some old users are making bitcoin complicated  to newbie, thinking bitcoin is easy to understand.
While some that have interest to join the discussion,are afraid because, the way some old user  are teaching new ones wrongly,thinking they're teaching them rightly.
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September 04, 2020, 02:00:28 PM
Merited by o_e_l_e_o (2)
 #53

Rudeness is toxic for the community so some of you stop being mean  Grin
We have different knowledge, comprehension, understanding, and point of view let not only think of ourself
I'm here to learn more and to know your opinion
i want to know how to make bitcoin as simplest as possible at the same time safe
some of you have some good point I will keep that in mind
let us have a healthy discussion

Well, I've re-read most of the thread, and i haven't seen real rudeness to be honest. People (myself included) do get a little bit annoyed when people start giving their "opinions" on things that are basically facts. It's even worse when you see people with a certain level of authority (Rank) making unjust claims and potentially lead newbies to bad decisions.

Basically, if i'd ask you witch color is nicer and you say you like "blue" the best, it would be rude of me if i started to criticize you because i personally think "yellow" is a better color.
But if we were discussing the shape of the earth, and person A says: "it's perfectly round", person B says "it's allmost perfectly round, but there are some mountains and underwater trenches and person C says: "the earth is flat", I think it's perfectly fine to tell person C he is wrong and he should keep his "opinion" to himself... If nobody would tell person C he is wrong, and he needs to go away, we end up with a flat earth movement...

If i'd enter a forum for small kids, gain some reputation, and start making claims like: "it's perfectly fine to run with scissors, please take candy from a strange man and follow him to his van, eat glue and you'll grow up faster,..." I hope other reputed members would step in and tell the kids that: "no, it's not ok to run with scissors", "never talk to strangers", "don't eat glue".
Would it be rude of them? Sure, but in the meantime they do it to protect the kids... If nobody would step up and tell them I'm spreading false info, who knows, maybe they would hurt themselfs.

Same here... IF you push newbies towards claiming from faucets and holding their "earnings" in a web wallet, and don't worry because they're 100% anonymous if they do so... A big portion of them will get hurt sooner or later.
  • they'll spend days claiming from faucets earning nothing, and get scammed by a large portion of the faucet owners in the meantime
  • they'll lose access to their blockchain account
  • they'll fall victim to phising
  • blockchain will eventually close shop, and they'll lose their funds
  • they'll be victims of malware
  • they'll get de-anonimised and beccome victims of a $ wrench attack

So, you might consider people rude for speaking up, but they're basically protecting those newbies you hold so dear... Maybe not in the nicest way, but i'd rather have someone rude that protects me, than someone super-nice that sets me up to get scammed in the long-run .

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September 04, 2020, 03:00:01 PM
Merited by o_e_l_e_o (2)
 #54

Rudeness is toxic for the community so some of you stop being mean  Grin
We have different knowledge, comprehension, understanding, and point of view let not only think of ourself
I'm here to learn more and to know your opinion
i want to know how to make bitcoin as simplest as possible at the same time safe
some of you have some good point I will keep that in mind
let us have a healthy discussion

I'm pretty sure no one has meant for their advice in the topic so far to come across as rude.

My take regarding web-wallets, the best way to think of it is in terms of compromise.  If you only want convenience and you're willing to rely on third parties, the trade off is likely going to be the control and security you would otherwise have.  Maybe convenience is all that you're concerned with.  So if you're comfortable handing over possession of your funds to a person or company on the internet, in effect a stranger you're never likely to meet, that's your call.  It would, however, be careless of us not to mention the inherent dangers of that.  We've seen examples of people losing their money doing that.  But, in fairness, we've also seen people lose funds by not correctly securing a wallet they control themselves.  There's potential risk either way.  But at least if it's a wallet you control, you can take responsibility for it.

As for faucets, there was a time in the past where it was worth doing those, but I suspect you're a few years too late now.  I recall when you could get 2000 or even sometimes 5000 satoshi each hour from each different faucet, but those days are long gone and you'd only get a tiny fraction of that nowadays.  In terms of effort versus reward, they're simply not worth your time.  There are definitely better ways to earn money, but they almost certainly involve your time, effort, skill, resourcefulness, entrepreneurial instincts or a combination of those things.  In effect, you need to figure out what you're good at and then find a way to monetise it.  You might not make a lot of money, but I can't see how you'd make less than you would from faucets now.

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September 04, 2020, 03:38:50 PM
 #55

There are pretty good resources on how to get started in Bitcoin in the web, and its pretty detailed with lots of information for a newbie to understand quick and easy. I started from there myself. Even youtube has lots of Crypto influencer that guides newbie step by step, you can even find local tutorials from your country in Youtube. I understand information much quickly to a video and verbally, maybe newbies could do it as well.
Yeah, there are basic things that newbies can understand and I have also watched informative videos before and it helps a lot and I also think that it's great for newbies. But at some point, they will think bitcoin as something complicated because the more you dig for information, the deeper it gets. So for me, complicated and deep information is part of it when you're really interested in bitcoin and want to learn more. I mean, you can't just learn the simplest information and stop there.
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September 04, 2020, 04:24:29 PM
 #56

The words of yours are undoubtedly fits properly.Besides,The talk members,sr members(Platform seniours)should give them simple solution to adjust them  comfortably.But if the question is which one is the best?Then people must recommend the best one.I agree,it's a little bit complicated but one should  have the proper interest in this section if he/she really wants to do something here.

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September 05, 2020, 06:58:51 AM
 #57

I understand what is the concern that exists in op, that also happened to me when I was new to crypto. there will always be misperceptions asked by the opinions expressed. because usually those who help provide answers only globally about what really happened but do not trace who asked whether the answer was appropriate and appropriate for those who asked.

let's work together and can help what is a concern from you and maybe as a beginner who also needs a lot of relevant explanation. It takes patience from all those who do have a good account to be able to help each other and explain it as best as possible without any misunderstanding.

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September 05, 2020, 04:59:35 PM
 #58

this is my version.

If a newbie asks what is a good wallet to use?
all wallet is good as long it gives you full access. (private key, etc.)
start with a web wallet, it is free to use.

If a newbie asks how to earn bitcoin?
buy with fiat money, mining with a powerful computer, accept bitcoin as payment for your service/product, or get it for free by doing microtasks.

If a newbie asks what good thing about bitcoin? anonymity?
if you have a concern with privacy, anonymity might be the answer for you.
besides that, bitcoin offers you a p2p payment system. just a sender and a recipient.
no middleman.
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September 05, 2020, 05:36:53 PM
 #59

this is my version.

If a newbie asks what is a good wallet to use?
all wallet is good as long it gives you full access. (private key, etc.)
start with a web wallet, it is free to use.

If a newbie asks how to earn bitcoin?
buy with fiat money, mining with a powerful computer, accept bitcoin as payment for your service/product, or get it for free by doing microtasks.

If a newbie asks what good thing about bitcoin? anonymity?
if you have a concern with privacy, anonymity might be the answer for you.
besides that, bitcoin offers you a p2p payment system. just a sender and a recipient.
no middleman.
I think this is more precise to tell to a newbie or newcomers for making bitcoin not so complicated when someone would asked you about it. Especially about how newbies would earn bitcoin, instead of telling them they can earn bitcoins by joining signature campaigns because not all of them are capable and dedicated to engage and to rank up in this forum; that is why it is much better to say they can earn bitcoins just like how they can earn from fiat.

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September 05, 2020, 05:45:31 PM
 #60

I agree to the OP that mostly Bitcoin users are really making Bitcoin itself to be complicated which is making it too hard for a newbie to digest the information that would lead him to better understanding of what Bitcoin really is. The case is that whenever a newbie tend to ask specific answers about a certain inquiry he wanted to know, other Bitcoin users are making use of their experience which is already too broad to be easily understood by a newbie which certainly do not have any experience on the field of knowing and working with Bitcoin.

I think what it could possibly help to lessen the complications on better understanding or letting the newbie know about Bitcoin is just to directly answer the inquiry in a simple manner and let him ask a little bit more which he is finding himself widening the capacity of his understanding to process the simple to complex ideas he must know about Bitcoin. Just start it from simple phase of explaining then let him explore the complexity once he fully digest the sequence of information he must know which can be gained by self experience working with Bitcoin.

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