Is bitcoin difficult to understand

[DeadCoin]

Honestly, for the very first time, Bitcoin is difficult due to it is young in sensation particularly at place that internet signal is weak.Instantly, we have already entered the eye of a needle to push ourselves to be apart of this digital process despite more sacrifices and effort to accomplish all mission right here to gain even small,and the significance is through the online process people are united and gained a free illumination in life and push to become productive so it's interesting.

[oktana]

Bitcoin is not hard to learn, it only looks or sounds complex but then, it is quite basic for easy understanding.
It could be difficult if you choose to not seek advice from people. But if one is eager and ready to learn, he/she will learn based on their willingness.
Also, there are articles, graphics, and even videos all over the internet that can be of much help.

[Ratash]

If they are investors or bountyhunters they do not need to know all about bitcoin an average understanding will be plenty but if they are interested in the development and the tech behind btc than i am sure they will find articals on the web.

[DECABEATZ]

im new here and new into Bitcoin. Just started the journey 1 month ago! I found it quite easy so far =)

[iTradeChips]

There are already tons of resources out there that already gives out detailed information about Bitcoin and Cryptocurrencies in general. You just have to search on many platforms and be able to get all your needed information about the technology and its uses. Once people understands what blockchain is and how it is used, then we will see many people be demanding blockchain to be added to the institutions as a deterrent to corruption and cheating.

[sapnu]

In terms of gaining knowledge about bitcoin, you should not cram it or scan infos about it. You should make sure that most of the resources you go through is valid and reliable so that all of the knowledge you'll get will be useful in your journey here in the crypto world. If you really want to know more about bitcoin, start exploring the forum and see some questions that you can relate with, through that all of the things you want to know about bitcoin will easily be found. As you continue, you should stay updated about the happenings in the crypto specially about the current prices in the market.

[Issa56]

Bitcoin is very easy to understand but you just have to be careful and as a newbie you need a mentor to put you true to avoid unnecessary mistakes and lose of fund, sometimes bitcoin can be complicated but you don't just have to rush.

[fishbonez11]

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.

Honestly, when hearing it first time you'll get confused and skeptic. But the truth is, Bitcoin is so easy to understand which a 10 year old kid can understand. People are just used to a third party system, they always not in full control  of their funds. If people will discover how liberating to have a decentralized system they will probably get in to Bitcoin. Personally, I don't know a lot about the technicality of Bitcoin, what I only know is this is the safest place to put my fund where anyone can not control it.

[milani]

There is no single article that will answer all the questions about Bitcoin for a person who recently have heard about it. It should be a complex of - articles (the original article about Bitcoin), forums like this one, where you can find lots of answers and even to ask for help in your problematic situations, tonnes of videos on YouTube, that even can be like instructions - where it will become more clear for a newbie - how ho create a wallet, how to buy or sell satoshi or Bitcoin 🙂, how to trade and so on, and in case a person has a strong desire to learn more about the Bitcoin's nature, technical sides and so on, it will not be a great problem to understand what is it. It may appear that it is not so complicated as at seems to be.

[Dutchyyy]

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.

It's difficult for many non-tech people, but it's not only Bitcoin. AI, self-driving cars and many more topics are also difficult, yet people are accepting all of it.

People tend to accept every tech that brings benefits without the need to understanding it. We shall start showing the benefits, not trying to force people to understand the tech side.

[Smartprofit]

Such a book would be difficult to write. 

Of course, this book can describe how the Electrum cryptocurrency wallet works.  This will allow an inexperienced user to learn how to perform bitcoin transactions.  A separate chapter can be devoted to cryptography, a separate chapter - to the principles of blockchain operation.  The hardest part of writing such a book is the chapters that will describe the relationship between bitcoin and the modern financial system.  We still don't know how the inflationary and deflationary monetary systems interact. 

Writing the economics part of such a book about Bitcoin will be the most difficult task.

[Afrigod1234]

It kinda is, mainly cause you wouldn't get anything if you're not hundred percent interested in it, there are no two ways about it you are either fully interested or you wouldn't get it. For me understanding cryptocurrency was not too difficult, because someone I know taught and explained it will to me. Sincerely speaking is is difficult to get the innards on how to trade, different wallets. How you must definitely understand every detail of you stand a 60 percent chance of getting scammed.

Though, even if you understand it, you must frequently ask questions about any thing you're about to do crypto wise. That's why this forum is here. To guide and to correct.
 

[iTradeChips]

In terms of gaining knowledge about bitcoin, you should not cram it or scan infos about it. You should make sure that most of the resources you go through is valid and reliable so that all of the knowledge you'll get will be useful in your journey here in the crypto world. If you really want to know more about bitcoin, start exploring the forum and see some questions that you can relate with, through that all of the things you want to know about bitcoin will easily be found. As you continue, you should stay updated about the happenings in the crypto specially about the current prices in the market.

I agree to that you said not to cram. Cramming so much information would only cause confusion in the long run and it will simply cause the person to make bad decisions. Cramming without understanding is like those college peeps taking a peep from the exam paper of the class valedictorian. It is a big pain in the long run. Try to learn bits and pieces about Bitcoin and the technology behind it and if it is really not needed for your investment or trading needs then you can forgo learning that information.

[Abhishek1712]

according to me, Bitcoin is not easy to understand.
If you think you will know everything about watching video on youtube , then you are wrong .
Bitcoin is really very difficult subject to understand.
if you don't know basic idea of bitcoin then you will need to learn about bitcoin and blockchain before use otherwise you can loose very big amount of your money.
you need to learn how bitcoin work which i am going to mention below.
1.  Bitcoin is a digital currency, a decentralized system which records transactions in a distributed ledger called a blockchain.
2.  Bitcoin miners run complex computer rigs to solve complicated puzzles in an effort to confirm groups of transactions called blocks; upon success, these blocks are added to the 
3.  blockchain record and the miners are rewarded with a small number of bitcoins.
4.  Other participants in the Bitcoin market can buy or sell tokens through cryptocurrency exchanges or peer-to-peer.
5.  The Bitcoin ledger is protected against fraud via a trustless system; Bitcoin exchanges also work to defend themselves against potential theft, but high-profile thefts have occurred.


now i hope you will get some basic knowledge about bitcoin

[finaleshot2016]

It kinda is, mainly cause you wouldn't get anything if you're not hundred percent interested in it, there are no two ways about it you are either fully interested or you wouldn't get it. For me understanding cryptocurrency was not too difficult, because someone I know taught and explained it will to me. Sincerely speaking is is difficult to get the innards on how to trade, different wallets. How you must definitely understand every detail of you stand a 60 percent chance of getting scammed.

Though, even if you understand it, you must frequently ask questions about any thing you're about to do crypto wise. That's why this forum is here. To guide and to correct.
 

I definitely agree with this statement, some really want to learn cryptocurrency but it's very hard to get the idea if they're really not interested in it because they're only interested in how to get money fast. Understanding bitcoin is a very complex activity, you need various subjects such as finance, economy, and even programming to know how does blockchain works. So for me, bitcoin is very difficult to understand and it is not for everyone.

Some of us here do know what's the definition of bitcoin but I doubt that they knew the technical aspects of it because it's hard to understand if you don't have any background on the subjects that I've mentioned.

[Jemzx00]

~snip~

I definitely agree with this statement, some really want to learn cryptocurrency but it's very hard to get the idea if they're really not interested in it because they're only interested in how to get money fast. Understanding bitcoin is a very complex activity, you need various subjects such as finance, economy, and even programming to know how does blockchain works. So for me, bitcoin is very difficult to understand and it is not for everyone.

Some of us here do know what's the definition of bitcoin but I doubt that they knew the technical aspects of it because it's hard to understand if you don't have any background on the subjects that I've mentioned.

Understanding the complexity of bitcoin really is hard but it doesn't necessary means that it's not for everyone because not all people who've involved themselves on bitcoin really needs to know everything about bitcoin. Agreed that most people are into bitcoin because of the money and one doesn't need to know the complexity of bitcoin especially in trading, if someone already has knowledge on stocks market then it won't be hard for them understanding the crypto market.
By the way, an example on something that everyone doesn't necessary need to know are PGP Signature and PGP Encrypted Messages. Yes, Blockchain and bitcoin really is too complex but I disagree that it isn't for everyone.

[XavierLaurent]

Internet of money - the first thing that comes to mind. There are also other textbooks and books, probably all mentioned before in this thread.

[Swopon]

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.

Maybe you want to mean how to understand Bitcoin easily. So, in this point, I want to mention that the topic can be used in text book to know up to bottom in the beginning then experience will help you a lot to understand it day by day. Already many of us explained it.

[mbe48]

It is very interesting that the statement you gave, yes, from the birth of bitcoin to the current highest price, there are still many people who don't know what bitcoin is. Only some people know from the price, but what you mean is how to get people to better understand how bitcoin works and how to invest it right? In my opinion, the simple way to introduce bitcoin is from our own success that we get from bitcoin. It will attract people to start investing in the world of cryptocurrencies.

[dunfida]

It is very interesting that the statement you gave, yes, from the birth of bitcoin to the current highest price, there are still many people who don't know what bitcoin is. Only some people know from the price, but what you mean is how to get people to better understand how bitcoin works and how to invest it right? In my opinion, the simple way to introduce bitcoin is from our own success that we get from bitcoin. It will attract people to start investing in the world of cryptocurrencies.

Honestly, bitcoin isnt really created for the sole purpose on making money or earning income but rather totally focusing on a new way payment system which is totally decentralized.
Earning is just a bonus but we cant really deny that people are really going into that side and having that kind of perception towards it and also the main reason on why people do easily hooked up with it.
It isnt really hard to understand bitcoin because even with just a single sentence describes its actual purpose then you would able to get on what we do mean.
No one would really be able to find it difficult because its not really hard to understand it at all.It is just people are minding too much about
on how to make some money.