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Author Topic: Is bitcoin difficult to understand  (Read 4953 times)
semobo
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October 01, 2020, 08:09:26 PM
 #201

Nothing is difficult as long as you want to learn,
if this is true then all people are now living on the life the way they want it to be but they arent  . there is something that holds us back  .

Quote
 I suggest that those who want to learn don't stop at books but open the internet can be easy.
you mean we dont need to stop learning on the internet but we can continue learning on books .

we cant always carry the internet with our hands or on our pocket but books are verry versatile  .  there can be facts that are not present on the web but we may find these out once we browse on the books .

See we can learn in both side, but internet is the shortest way for we to learn and understand it small, for the young adults,while text book will enable them to study it more better and it will stick in their memory for a long period than studying with Internet.
What about ebooks? Convenient, cheap and no internet is needed to read them!

But books are not necessary to learn about bitcoin, just a common internet knowledge is enough in my opinion and also they need to have the knowledge of how money works or else people will never understand decentralization and other things.
chanler
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October 01, 2020, 09:07:23 PM
 #202

It would be a good idea to create this specific guidebook on bitcoin. Because it is quite difficult to explain bitcoin to ordinary people. If we just tell stories, not necessarily people will believe. Moreover, those who think that bitcoin is a scary investment and very close to a loss.

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FlightyPouch
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October 01, 2020, 09:59:21 PM
 #203

There are many articles that talks about bitcoin or a guide about bitcoin. What is the problem right now is most of the newly investors want to have an easy life, they don't like digging some useful information or reading some guides on how they can use cryptocurrencies correctly and etc.

All are in the web, only lazy investors will find difficulty in understanding what is cryptocurrencies. If you are just resourceful then starting your journey in crypto world is very simple.

Many investors know very well about bitcoin because before you go into business you most know the rudiments of business, we are emphasizing on how difficult is bitcoin to understand to learners how to want know about btc, you can know btc when we Passion on it.

You can't make new users or investors to be passionate that quickly with bitcoin or other crypto currencies that well, it doesn't actually work like that. Unless they experienced getting good results in the near future, they would either read or find a way to know more about it or they would continue what they are doing to keep on getting that results.

You are pinpointing how could we attract those people that are not used to technologies but it wouldn't be that easy. They don't have that time to learn all about bitcoin, learning how to use it would be fine.

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October 02, 2020, 01:15:08 AM
 #204

For the first, bitcoin is hard to understand and other cryptocurrency, we need time to understand it because some people hard to learned but they like crypto. So I suggest to research if they want to learn it and reading and following some people who can good to explain. If you give it a time, I'm sure you learned it.
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October 02, 2020, 01:34:39 AM
 #205

If we have sound knowledge about its previous history, its supports and Resistances then it is not so difficult to understand Bitcoin. understanding Bitcoin needs continuously learning.
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October 02, 2020, 01:34:53 AM
 #206

Rather than learning one must believe, because it took me a hour to understand what is bitcoin. Further I learned about altcoins. I'm not mentioning it from the technical knowledge, I understood it as an alternate to the fiat which doesn't have any physical presence. It can only be experienced virtually, but the same when I tried to convince people aren't ready to accept.

That's why I said rather than learning one needs to believe, if one is ready hardly within a hour an user who has got knowledge to use a computer can understand.

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October 02, 2020, 03:01:17 AM
 #207

In an increasingly advanced era, I think it's easier to find information about bitcoin. Even if we want to read articles about bitcoin, of course there are also many. The point is we just want to find information or not. For common people, of course, direct guidance is needed. Because many people do not immediately understand it just by reading.

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October 02, 2020, 03:50:45 AM
 #208

Bitcoin isn’t hard to understand its a function of interest one puts in that determine the level of understanding.bitcoin is a legal and most countries round th word accepts it. So the knowledge of bitcoin is not hidden. Like I said initially it’s a function of choice of the individual.

This actually depends on the people.

As you said, the level of the understanding of the person or an individual to Bitcoin or maybe cryptocurrencies is determined by how interested they are. The more we are interested in a certain thing, that also means the higher understanding or knowledge we have on that.
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October 02, 2020, 04:38:47 AM
 #209

For me, for the base knowledge in cryptocurrency and bitcoin, our forum is the best place to start with.

The way I learned in bitcoin starts here, and if I can't understand a term, I just google it and go back to the discussions here.

Perhaps, the opinion of every member here is different, so you can distinguish over time which learning to absorb and discard.
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October 02, 2020, 04:51:33 AM
 #210

It would be a good idea to create this specific guidebook on bitcoin.
A lot of guides were published on the web.

You only need to search for them and see which is the best for you.

Because it is quite difficult to explain bitcoin to ordinary people. If we just tell stories, not necessarily people will believe. Moreover, those who think that bitcoin is a scary investment and very close to a loss.
We're here to explain to them what bitcoin is and if they don't believe with what we say, facts or stories, it's up to them if they will absorb what we say.

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October 02, 2020, 04:57:12 AM
 #211

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.
No need for a textbook mate if we really are interested in learning things. Doing our own due diligence makes us a better learner. Tons of videos on youtube educating people on how Bitcoin works and what really is Bitcoin itself, it's uses, pros and cons of having Bitcoin as an asset. Even when I was a newbie, I was a little bit in doubt, bothered and of course afraid of losing something but as time passes by I learned a lot most especially here in this forum. Better bring interested people here to local boards where they can found local community that are sharing ideas and experiences.

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October 02, 2020, 10:47:55 AM
 #212

Bitcoin can be difficult to understand but bitcoin is simple when you know how it works. You just need basic information to use bitcoin. There are so many online tools that can be used now. there are many ways to learn cryptocurrency.
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October 02, 2020, 12:18:48 PM
 #213

But books are not necessary to learn about bitcoin, just a common internet knowledge is enough in my opinion and also they need to have the knowledge of how money works or else people will never understand decentralization and other things.
Internet knowledge regarding bitcoin and cryptocurrency only scratches the surface, it won't give you a deep understanding of how underlying processes occur and work. Bitcoin is difficult to understand because it is built upon plethora of scientific disciplines, no one in this world is able to fully master them all. What you can do is choose something you are interested in and start reading books written by experts of a given field. Also, a person who really wants to know about bitcoin should not consume news published by empty-headed media and ignorant journalists. It is just a waste of valuable time.

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October 02, 2020, 12:25:47 PM
 #214

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.
No need for a textbook mate if we really are interested in learning things. Doing our own due diligence makes us a better learner. Tons of videos on youtube educating people on how Bitcoin works and what really is Bitcoin itself, it's uses, pros and cons of having Bitcoin as an asset. Even when I was a newbie, I was a little bit in doubt, bothered and of course afraid of losing something but as time passes by I learned a lot most especially here in this forum. Better bring interested people here to local boards where they can found local community that are sharing ideas and experiences.
Honestly i think you'll learn more of you ise videos and articles here on the internet specially when you are a complete newbie, having someone explain it to you will catapult you to a higher level of understansing cryptocurrency as a whole, another example is forums such as this forum where you can virtually talk or discuss tons of people from all over the globe, textbook will limit you from in my opinion but you will still learn but i also prefer the internet than textbooks
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October 02, 2020, 01:09:44 PM
 #215

My mom just turned 66. She likes to learn things on You Tube, she also likes to read the Bible, I think that a video directed at them or Textbook could be ideal for learning about Bitcoin. She has also learned to use a Smartphone and Tablet with my help. By this I mean that we must be patient with our family members to teach them what Bitcoin is and how to use it.

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October 02, 2020, 01:24:06 PM
 #216

I think lot of people have working is only for good  earnings. I can say we have worried about any type of work,for example learning the bicycle. Many different types of problem create.but we should be aware and take interest & make good knowledge about btc.then we covered the prblems will be create in future. It's my opinion.
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October 02, 2020, 01:30:53 PM
 #217

My mom just turned 66. She likes to learn things on You Tube, she also likes to read the Bible, I think that a video directed at them or Textbook could be ideal for learning about Bitcoin. She has also learned to use a Smartphone and Tablet with my help. By this I mean that we must be patient with our family members to teach them what Bitcoin is and how to use it.

Agree, Patience is what we need to teach elders to use bitcoin and other crypto-currency. As long as the person is interested in knowing something, there's no impossible to learn right now using the internet. Bitcoin is not hard to study compared to other topics. So I think it depends on the person who wants to learn it if he's too interested or not. Some people hard to acquire it because they can't see the benefit of using it, or they just don't need it
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October 02, 2020, 01:43:55 PM
 #218

I think lot of people have working is only for good  earnings. I can say we have worried about any type of work,for example learning the bicycle. Many different types of problem create.but we should be aware and take interest & make good knowledge about btc.then we covered the prblems will be create in future. It's my opinion.

Yeah,actually while some persons worked is because of profit, everyone needs profits in his work, shall we most be conscious and also be determined to achieve our objective, because anyone who have the passion to learn bitcoin will definitely learn it better,is not that btc is very very rigid to understand but is all about attention.


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claire_lovely
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October 02, 2020, 02:10:17 PM
 #219

For transaction and usage, it isn't too hard to understand although it does take some more effort than transacting USD.

As far as the inner workings and protocols I think it becomes much more complex. There are still many details of mining and the blockchain that I don't fully understand, but I understand the general idea of a distributed ledger where you control your private keys.

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Celebrityfarmer
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October 02, 2020, 03:07:12 PM
 #220

With my experience learning it’s quite obvious that it’s a simple concept to understand if you take time learning about it and not rushing the process. We the community make it look like learning about bitcoin is a very hard thing to do and this discourage new users who would had picked interests in the currency. Sending and receiving bitcoin isn’t difficult but the other areas that are very hard to some extent.
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