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Author Topic: Is bitcoin difficult to understand  (Read 2251 times)
shamimal93
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September 24, 2020, 06:55:59 AM
 #181

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 an article that guides bitcoin.
Your writing is not clearly understood, you may be trying to explain how a person can have a good idea about Bitcoin, that is, how new people will know about Bitcoin.  You may have a good idea about Bitcoin if you want to. You may not have a very good idea about Bitcoin but if you search on the internet, youtube, and various search engines you will get a good idea about Bitcoin. You can see different blogs on different websites to get a good idea about bitcoin and other cryptocurrencies.  One last thing I want to say is to pay attention to being an expert.

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September 24, 2020, 07:59:06 AM
 #182

I think if someone is interested in learning about cryptocurrency especially bitcoin, it is so easy to do. Because we are in the modern era, and with just a touch of our gadgets we can easily find what we want to know about.

What about those people that's not used of modern gadgets, which you and i, know very well their are people that does not like Internet,so how are we suppose to educate them concerning bitcoin only not even the entire cryptocurrencies.
are you serious asking this?if they are not interested in Internet so what more in bitcoin?and why do we need to educate them if they already lay cards of no interest at all?
you are just making things difficult if this is your perception lol.

this is not easy to understand for those not interested,but if you are looking for good investment then better choose bitcoin than other offering .

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September 24, 2020, 10:52:29 AM
 #183

I think if someone is interested in learning about cryptocurrency especially bitcoin, it is so easy to do. Because we are in the modern era, and with just a touch of our gadgets we can easily find what we want to know about.

What about those people that's not used of modern gadgets, which you and i, know very well their are people that does not like Internet,so how are we suppose to educate them concerning bitcoin only not even the entire cryptocurrencies.
are you serious asking this?if they are not interested in Internet so what more in bitcoin?and why do we need to educate them if they already lay cards of no interest at all?
you are just making things difficult if this is your perception lol.

this is not easy to understand for those not interested,but if you are looking for good investment then better choose bitcoin than other offering .

I agree with you and people should know that Bitcoin would only exist if the Internet is available since it these transactions are not just for local use. I'm sure there is still a way to entice people to learn about Bitcoin even without engaging modern gadgets and by providing them informative books would help them BUT learning Bitcoin thru the Internet is still better since it can be provided with experience by most users.

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September 24, 2020, 04:34:30 PM
 #184

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.

Not everyone loves to read book since majority right now is on the net and there are so many articles and youtube videos are truly helpful for people to understand on what is bitcoin and how it works. But I on the other hand I agree that there's a book related on this topic since its good to have an option to scattered the information about the bitcoins.

OK we are considering the fact, old adults who are not interested to use modern facility to study,those articles in net shall be interpret in another form in order to make them to understand and also trans copied into textbook.

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September 24, 2020, 04:36:40 PM
 #185

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.
for my self opinion  bitcoin is easy for me to understand because i almost 4 years been long to this industry and i know how to difficult it is theres so many trials and suffering to involving in cryptocurrencybut i will victorious all suffering,and my advice to all beginners in crypto make sure that you will be wisely to choose in crypto project

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September 24, 2020, 05:05:47 PM
 #186

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.
for my self opinion  bitcoin is easy for me to understand because i almost 4 years been long to this industry and i know how to difficult it is theres so many trials and suffering to involving in cryptocurrencybut i will victorious all suffering,and my advice to all beginners in crypto make sure that you will be wisely to choose in crypto project

Bitcoin is only easy to understand for beginners if you only  have the preknowledge of cryptocurrency and especially bitcoin,and if newbies want to understand bitcoin more better try to be conscious about it and also be determine and pay attention to it with serious and carefullness

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September 24, 2020, 06:14:09 PM
 #187

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.
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September 24, 2020, 10:13:49 PM
 #188

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.

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September 24, 2020, 10:56:24 PM
 #189

Bitcoin is difficult to understand by newcomers or beginners only. That's normal because some people even don't know anything about Bitcoin or crypto coins. While for experienced people, must know about Bitcoin and the potential for its future. Well, there is no problem with it, Bitcoin is still a young innovation compared to others. I am pretty sure that day after day, people will be more familiar with Bitcoin. Then, they won't have difficulties to understand it once they can get the information about Bitcoin easily and massively.

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September 25, 2020, 01:41:05 AM
 #190

Not really
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September 25, 2020, 08:55:39 AM
 #191

Bitcoin it's self is not difficult to understand if someone understands fisca currency or paper money. Because they do the same thing but different idea. But what I think makes Bitcoin difficult is some of the terminologies associated with it. Terms like block chain, nodes, mining, and many others. So all these terms are not  just simple  terms they mean something and so understanding what all this mean and for someone hearing it for the first time makes it difficult to understand. I am writing from experience. I have been there before. I have heard about Bitcoin for the past 3 years but when I decided to go into crypto currency and I was given a little tutorial oh goodness. I fell asleep because I didn't understand nothing. The terms were difficult to understand. But as time goes by things gets better.
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September 25, 2020, 09:02:57 AM
 #192

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.

I agree with your point. It's a very nice idea and I believe there are books already available to people out there. But you know in this  time we are many young people don't like reading at all. Our school system has made education look difficult and most times discouraging. So you see from my observation young people love entertainment so I will suggest if there are ways to make the learning of Bitcoin and other crypto currency entertaining. I know videos are already available. But if there can be more videos clips with  simplified language for easy understanding it will help newbies alot.
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September 25, 2020, 09:12:00 AM
 #193

Bitcoin is difficult to understand by newcomers or beginners only. That's normal because some people even don't know anything about Bitcoin or crypto coins. While for experienced people, must know about Bitcoin and the potential for its future. Well, there is no problem with it, Bitcoin is still a young innovation compared to others. I am pretty sure that day after day, people will be more familiar with Bitcoin. Then, they won't have difficulties to understand it once they can get the information about Bitcoin easily and massively.

You made a very nice point sir, you see in this life things does not get easier the first time. Remember the first day attending high school or any academy for the first how things looked. It's as if someone just went for an excort lolz. But after the first day, second day, and third and like a week and months things became clear. And at a point one can even teach others. It's always difficult for the first time especially first attempt.
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September 25, 2020, 09:20:57 AM
 #194

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.

You are very correct sir, I understand that many new learners especially the young ones wants easy things and quick. They don't like things that they will spend energy on. I also know there are lazy ones who don't like work but want money. But there are some too who a very dedicated and hard working but been that it's the first time they are introduced to crypto currency it will be difficult at first to understand. I have been there before. It was not easy understanding crypto currency at first. And I don't blame them for that. From Experience you can't understand a book in a day and for reading it the first time. But the problem is just dedication and determination. You made a very great point sir and I agree with you.
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September 25, 2020, 09:26:46 AM
 #195

Bitcoin is not that difficult to understand if you will start on learning the basics first before starting to do any engagements that relates to Bitcoin because having no prior knowledge about anything do really makes it hard to understand it whether it is Bitcoin and other stuffs in this world. I think one of the reason why people find it so hard to understand Bitcoin at the first place is they are really not that interested on the concepts about Bitcoin for they really care and focus on just using it as a source of income and jumping into engagement without learning it first which results to fail outcomes. Also, some people are already jumping into complex and technicality concepts which is pretty good for advance attainment of knowledge about Bitcoin but if you want to understand it duly, better start of with the basics and step by step rise up the level of difficulty until you get into learning the complexities of it and then you can understand it. Thorough research would also make help to better understand Bitcoin.

Yeah it really depends on the level of IQ the learner has and also the interest of learner, because knowing the basic concept of bitcoin does not means that you can analyze bitcoin.

I seen that the only thing that will make human to understand bitcoin easily is to have a personal tutor that will analyze the concepts of bitcoin stanza by stanza. And also show soome evidence by using video as one of the criteria, because learning online without a tutor it will get long before a learner will comprehend BTC.

Very well Sir, you just spoke my mind. This was actually what I had in mind. You are very accurate in my opinion. You see people need tutors for this things to be made easy especially when it has to do with learning.
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September 25, 2020, 03:59:38 PM
 #196

Understanding Bitcoin is little bit complicated for the users who aren't much used to technology/computers. With the continued development people find it easy to use as more number of user friendly wallets and other service applications are available. Based on the briefing about cryptocurrency, there'll be difference in understanding. Self learning is the best choice to know about bitcoin after getting little basics from a known person.

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September 25, 2020, 04:12:29 PM
 #197

Understanding Bitcoin is little bit complicated for the users who aren't much used to technology/computers. With the continued development people find it easy to use as more number of user friendly wallets and other service applications are available. Based on the briefing about cryptocurrency, there'll be difference in understanding. Self learning is the best choice to know about bitcoin after getting little basics from a known person.
It is complicated ? Yes and many people admit it. I don't think that everyone who uses bitcoin should have any technical knowledge about it. As an effort to simplify, bitcoin is a cryptocurrency whose use can pay for anything with the consent of both parties. I didn't study bitcoin technically, but I just took advantage of its functions like currency and trading assets.

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September 25, 2020, 05:46:26 PM
 #198

Understanding Bitcoin is little bit complicated for the users who aren't much used to technology/computers. With the continued development people find it easy to use as more number of user friendly wallets and other service applications are available. Based on the briefing about cryptocurrency, there'll be difference in understanding. Self learning is the best choice to know about bitcoin after getting little basics from a known person.
It is complicated ? Yes and many people admit it. I don't think that everyone who uses bitcoin should have any technical knowledge about it. As an effort to simplify, bitcoin is a cryptocurrency whose use can pay for anything with the consent of both parties. I didn't study bitcoin technically, but I just took advantage of its functions like currency and trading assets.

That is what people need to understand about Bitcoin. Studying it would only give you the book smart regarding about it and experiencing Bitcoin like what skarais did is actually better. That is what happened to me and it really was a better way to learn about the whole Cryptocurrency Industry.

Also, if you're talking about wallets, I automatically suggest that whatever you do within the Crypto Industry, DOCUMENT IT or RECORD it. Its quite hard to keep track of whatever you are doing but having a notepad open while creating accounts or keeping tabs of what you are left doing revolving Cryptocurrencies would be good to be documented but don't do it publicly so just keep it within personal reach.

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September 26, 2020, 09:11:30 AM
 #199

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 around the word accepts it. So the knowledge of bitcoin is not hidden. Like I said initially it’s a function of choice of the individual.

Bitcoin already in a mainstream so you are correct its no longer hidden, you can find information around the web if you are really interested in learning everything about this investment currency. It's your own explanatory ideas that will let you benefits from this market.

Quote
Nothing is difficult as long as you want to learn, especially in this sophisticated era you can learn via the internet and find information easily, so I suggest that those who want to learn don't stop at books but open the internet can be easy. , learning also from experienced people is very necessary.

Very true! there's no hidden thing if you keen in learning internet is your tools to understand. It takes time and lots of efforts to
really  gain the understanding but once you fully get the ideas then expect to gain huge benefits.

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September 26, 2020, 09:23:04 AM
 #200

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 .

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