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Author Topic: Is bitcoin difficult to understand  (Read 4954 times)
GeorgeJohn (OP)
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September 18, 2020, 09:41:53 PM
 #141

There have been so many books written to explain the foundamentals of bitching and it functions and other digital currency which are in it classes as other cryptocurrency. People have also written so many online journals and article about cryptocurrency and what it entail.

That is what we use to hear that there is many articles of cryptoccurrency, which is real but we are emphasising on approved text book of bitcoin which someone can purchase and read in order to understand the basic concept of bitcoin, OK, if there is existing bitcoin manuel texts book except Google and YouTube's video were can people purchase it, and who is the author,tittle, of the book to showcase
That bitcoin text book is in existence.


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September 18, 2020, 10:16:58 PM
 #142

Bitcoins it was hard to understand if the people are not willing it to learn on how to earn in bitcoin. Mostly people want to learn about bitcoin are those people working from home or people being want to part time cryptocurrency as from daily income. And Ill think it have some textbook we can find about bitcoin but need more time to find It and even me I did not seen it in library, but easily to find in internet if we search textbook file about cryptocurrency.

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September 19, 2020, 10:03:22 AM
 #143

Well, i think this is difficult is yes. I learn bitcoin/cryptocurrency is from searching and watch in youtube.
To understand bitcoin, it took me quite long time. Because no one in my place know about crypto.
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September 19, 2020, 10:32:44 AM
 #144

Well, i think this is difficult is yes. I learn bitcoin/cryptocurrency is from searching and watch in youtube.
To understand bitcoin, it took me quite long time. Because no one in my place know about crypto.

So at least you have introduced this to your friends and family now?since you are the first to learn bitcoin in your place?
to at least contribute to the spreading of crypto in each community?

Good that you come to know by yourself because mine?it was introduced and i have a mentor so i easily learn and now i am into it.

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September 19, 2020, 01:39:27 PM
 #145

Well, i think this is difficult is yes. I learn bitcoin/cryptocurrency is from searching and watch in youtube.
To understand bitcoin, it took me quite long time. Because no one in my place know about crypto.

So at least you have introduced this to your friends and family now?since you are the first to learn bitcoin in your place?
to at least contribute to the spreading of crypto in each community?

Good that you come to know by yourself because mine?it was introduced and i have a mentor so i easily learn and now i am into it.
We are from the same situation mate. My friend introduced bitcoin to me. She explained to me how it works and how can I earn money here. When she showed to me the things she earned and bought from here that is the time that I got the courage to join here and now I am also earning because of her.
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September 19, 2020, 02:54:19 PM
 #146

Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

There is no difficult if the person is willing to learn and understand all about bitcoin and other cryptocurrency. It's not difficult to understand bitcoin if you really want it. It's just difficult for other people to understand the concept of bitcoin because at first they judge bitcoin already as scam. And maybe they are really not interested to know something about it. I was teach friends and they also easily understood and learned about it because they are interested to learn about bitcoin.

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September 19, 2020, 08:53:03 PM
 #147

I think the reason why people are finding Bitcoin to be difficult to understamd is because people are thinking about the technicalities associated on Bitcoin and they seems to find it hard and make them not interested at all. Also, the reason might be they are thinking to do engagement even without prior knowledge for the sake of money which is a lot too risky to be done because doing such will put your money on risk even if we are talking about Bitcoin. I think it would just better to let people know the narrow part and information of learning Bitcoin so that they can simply understand it because you cannot push through hard core information of technicalities into people who are interested but are just new into Bitcoin. They would still know about the difficulties once they have gone through exploring through their journey and discover it themselves along their way of engagement.
GeorgeJohn (OP)
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September 20, 2020, 06:12:04 AM
 #148

I think the reason why people are finding Bitcoin to be difficult to understamd is because people are thinking about the technicalities associated on Bitcoin and they seems to find it hard and make them not interested at all.

You are right because some people are interested in technical aspect of bitcoin instead of the surface knowledge of cryptocurrency, so that is the reason they find it difficult to understand bitcoin better, normal bitcoin is broad and is very difficult to understand but if attention is given to learn it,is simple to understand.


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September 20, 2020, 08:13:49 AM
 #149

Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
Personally, it's not that difficult and it's not that easy. It depends on what you would like to learn. If it's more on the general knowledge, it's not that hard to understand. But when it comes to the technicalities of bitcoin, that's the part I find difficult. But I firmly believe that anything can be learned. I think it's just hard to grasp in the beginning but when you are really dedicated to know what it's all about, then you'll find it simple to comprehend.

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September 20, 2020, 09:06:37 AM
 #150

Well in this generation many people have a hard time understanding the technology especially for elders and of course understanding about the concept of bitcoin will be very difficult also, in fact in my country bitcoin or crypto currency is not that famous or known by many. but I believe that because of the advanced technology and the power of internet some curious or those who want to know about the world of bitcoin or crypto will be easily learned, just a one click and they can easily explore and learn bitcoin but of course they also need the assistance or guide of those experts if they want to learn more and enter in this community.
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September 20, 2020, 09:29:18 AM
 #151

Yeah, there's gotta be a paper, boomers love the paper.
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September 20, 2020, 12:26:19 PM
 #152

 Bitcoin is not that difficult but Sometimes people just want to get to the end without starting from the beginning by this most people are just profit driven so they come into the system with that mindset... Having Interest is good but also having patience to learn and to comprehend is essential
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September 20, 2020, 12:39:26 PM
 #153

Understanding the cryptocurrency market is not a very easy task. You have to acquire a lot of knowledge to have a very good idea about this. You always have an idea about the online market and you can easily catch the ups and downs of the cryptocurrency market. For this you have to spend a lot of time online. If you want to get something, you have to give something. This is normal.
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September 20, 2020, 02:44:36 PM
 #154

Bitcoin is a decentralized virtual currency, but people don't know about this virtual currency but we have knowledge to understand this currency and share the cryptocurrency awareness program. because less peoples know about bitcoin all around the people participated in the cryptocurrency platform. It is very easy to understand the Bitcoin.
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September 20, 2020, 04:48:17 PM
 #155

No! It's just easy to understand bitcoin if you are willing to learn it. There's already a lot of books about bitcoin, news and videos that tells and teach about bitcoin. Learning something is depends to a learner.

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September 20, 2020, 05:07:07 PM
 #156

I could say, a yes. For newbies and completely no idea of cryptocurrency.

They might understand the whole receiving and sending idea, but for those wallet thingy, private keys, seed, import/export,  and etc. that related to technical part, I guess you need to take a set to tell one person those things. And it take time to understand really.

A normal internet user would be interested to learn from a video with good explanation, graphics and not boring sound effects than reading a bunch of texts on articles or from a book.
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September 20, 2020, 06:14:59 PM
 #157

For users who have got some technical knowledge can easily understand the working of bitcoin. These days we've got lot many sources through which one can self learn about bitcoin in a better way. At the very beginning one should learn about making transactions as well as the way to earn through trading and other ways. When one is able to do it, automatically he'll get to know the working.
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September 20, 2020, 06:47:08 PM
 #158

In which way you want to understand it? Do you want to know it techniqually? Or know about the usability?
For almost every technology the inside techiniqual knowledge is hard to understand. Just for example when we are watching the TV we are not concern about how we can see the pictures in the screen. The processes is too complex and one needs learn too much to understand the whole processes. It's also not gurrented that everyone will understand the whole process. If you start studing both the bitcoin and TV then you may find bitcoin is easier!!
So coming back to the usability part which is more important, I don't think anyone finds difficulty in that part.

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September 20, 2020, 06:57:40 PM
 #159

Some of my friends who are new to Bitcoin are finding it hard to understand about this. What I did advice to them is to go over on Youtube and search "Bitcoin for Beginners" or "Bitcoin for Beginners + native language". Since I don't have all the time to be their mentor, I usually tell them that Google, Youtube and Wikipedia are their best friends. I've also introduced them to this forum, where they can simply go over the topics and ask some specific questions.

The first time I understand about Bitcoin when I was a newbie? I think it was just like investing in stocks, but no central authority. I don't let them jump into the technical details of Bitcoin, but rather basic understanding (unless they were a developer or kinda interested in the development side).
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September 20, 2020, 11:54:59 PM
 #160

Some people hard to understand what bitcoin is.  Its because maybe they aren't yet willing to learn from it,  and maybe they don't have enough idea about bitcoin.  But if you do more effort about it you can make searching on youtube and read more about crypto currency you may understand it very well.
For the beginner ask for the person who you think that will help you to start over it. They will give you a bright idea on how to start with it.

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