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Author Topic: you're making bitcoin complicated  (Read 1226 times)
roadrunnerjaiv2025
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October 05, 2020, 02:38:45 AM
 #101

When your younger sibling asks for a new dress, you can either buy them a new one or give them a hand-me-down. You don't give them a dress you stopped using when you realized they might regret using it someday. So, I think I understand why some bitcoin experts immediately offer the more complicated solutions right off the bat when asked about wallets or anything bitcoin. They do it not to make things complicated but out of care.  
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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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October 05, 2020, 02:59:16 AM
 #102

When your younger sibling asks for a new dress, you can either buy them a new one or give them a hand-me-down. You don't give them a dress you stopped using when you realized they might regret using it someday. So, I think I understand why some bitcoin experts immediately offer the more complicated solutions right off the bat when asked about wallets or anything bitcoin. They do it not to make things complicated but out of care.  
This depends on how you breed your children mate,because if you bring them with good manner and more appreciative then they will accept accept the dressed or things i stopped using.

answering the question directly is much better than telling them in the manner that they cant understand or harder for them to analyze .

like me?i wanted an answer straight to the point and not the answer that i need to dig deeper before getting the point.









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October 06, 2020, 04:04:35 PM
 #103

bitcoin is still compllicated to avg user.  I mean unless you keep btc in say coinbase, imagine asking a person not tech savy to use electrum or a hardware wallet.  I mean its not that hard... but not as easy as coinbase. 
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October 06, 2020, 04:48:20 PM
 #104

Let's better put it this way, when a newbie first entered in a crypto currency world, she/he should not expect that everything here is so easy. Its not being so harsh or something, but a newbie needs to understand the kind of environment, features and risk that bitcoin have. So she/he will be ready/prepared to some difficult scenarios along the way. Its also best that a newbie will take much research and not just relying to someone to teach him/her. Personal research and constant reading about bitcoin and other cryptocurrencies can help a lot for the crypto journey. For me, its better to struggle at first knowing all the difficult things here and learned from my mistakes, and become better as times goes on, reaping the fruit of my labor.
I think that people simply are not really understanding what this market is about, every time you try a new skill there is going to be a learning curve, it is as if people are expecting that bitcoin is going to work exactly as their debit card works and that is never going to happen, this market works under different principles and people must learn them and adapt to them, online wallets can be practical but only if you have a very low amount of money that you have no problem losing in the case you are hacked but should never be used to store large quantities of money or you are putting all of that money at risk that can be taken away by hackers or scammers on the blink of an eye.

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October 06, 2020, 04:57:25 PM
 #105

bitcoin is still compllicated to avg user.  I mean unless you keep btc in say coinbase, imagine asking a person not tech savy to use electrum or a hardware wallet.  I mean its not that hard... but not as easy as coinbase. 
People may not still understand coinbase if they don't know the use of bitcoin at all, some were just too lazy or already set their mind in their beliefs about bitcoin, like how other uses it in doing scam that makes other lose interest. Only those who are willing to learn and is looking for change in transactions, investments and finding alternatives will appreciate crypto especiall BTC. Time will come that it will be too popular and many will just regret not starting using it the first time they heard it.

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October 06, 2020, 05:10:56 PM
 #106

I don't think that's completely right since it all differs from one person to another. I usually don't say the things you mentioned but follow a different approach.
It's just a matter of perspective.


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.
I generally advice for paper wallets since they are easy to use and are safer than web wallets and I was really fascinated when I used it for the first time.

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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
Earning money is tough. Earning bitcoin is tough as well. Faucets are great for newbies but it requires more time to collect bitcoin through faucets and be able to withdraw them so I don't recommend that. I generally advice the person to showcase their skill and tell them to receive the payment in bitcoin.

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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.

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

I say the person that the ability to control your money by yourself is most good thing about bitcoin. You don't have to ask the banks to approve your transaction.
You don't have to ask the banks to withdraw your own money. You can do transactions all by yourself (provided the transaction is btc to btc).

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October 06, 2020, 05:32:29 PM
 #107

bitcoin is still compllicated to avg user.  I mean unless you keep btc in say coinbase, imagine asking a person not tech savy to use electrum or a hardware wallet.  I mean its not that hard... but not as easy as coinbase. 
People may not still understand coinbase if they don't know the use of bitcoin at all, some were just too lazy or already set their mind in their beliefs about bitcoin, like how other uses it in doing scam that makes other lose interest. Only those who are willing to learn and is looking for change in transactions, investments and finding alternatives will appreciate crypto especiall BTC. Time will come that it will be too popular and many will just regret not starting using it the first time they heard it.
Bitcoin is no  available to many people even now, especially buying. Many people are already thinking that they could have taken the opportunity to work with bitcoin before. But also bitcoin is still becoming popular and the number of bitcoin whales is increasing. What happens if a large number of new users with opportunities become interested in bitcoins?
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