Is bitcoin difficult to understand

[Tristan Bieber]

I am the most novice, and I am also very confused. Although I have read some books and materials about Bitcoin, but there is only a vague concept. I saw an op sorted out about encryption in the beginners of the forum. Currency and Bitcoin information, you can go there to collect some resources about Bitcoin or cryptocurrency.

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[10_sjdovn_10]

people interested over crypto, but cant understand bitcoin are who interested in money but not interested to the technology.
you can understand with help of books or article anyway.

[Trinx01]

Cryptocurrency is really broad, there are a lot of people who will say that bitcoin is easy to understand but they don't even know how bitcoin works, is because they only low a few things as they think that their knowledge is enough but not. There are a lot of websites that may help us learn about cryptocurrency, there are also books that may help us understand the world of crypto.

[galestorm]

There are already courses presented on the world of cryptocurrency. There are numerous articles on bitcoin, as well as videos and news that would inform them of the crypto market's current state. Bitcoin is difficult to understand at first, but if you find the time to educate yourself and conduct some thorough research you will be able to understand the do's and dont's when it comes to investing in cryptocurrencies. Though it would help a lot if you have a friend or someone that you know of that can teach you all about bitcoins.

[Zilon]

Educating more people about crypto currency generally still remain our general and collective responsibility. Most people still remain in doubt and others are yet to understand how the digital currency operates. There are chains of books on block chain technology. We also have academies scattered all across the globe both online and offline learning centres. It would only take interest to do the studying and going for blockchain enlightenment that is why more people needs to be exposed to this knowledge

[Oilacris]

There are already courses presented on the world of cryptocurrency. There are numerous articles on bitcoin, as well as videos and news that would inform them of the crypto market's current state. Bitcoin is difficult to understand at first, but if you find the time to educate yourself and conduct some thorough research you will be able to understand the do's and dont's when it comes to investing in cryptocurrencies. Though it would help a lot if you have a friend or someone that you know of that can teach you all about bitcoins.

When we are just excluding the technical aspects then it isnt really that hard to understand because the basics would already be enough for you to understand the overall concept.

Its just mattering on how people do really get involved and spent time on learning up things on this one because majority of them are just being simply dragged off with the hype
and when they do lose money they do simply leave and having regrets.

Its not that hard to understand because even elementary kids could really understand with some simple explanation on how it works.

[boyptc]

I am the most novice, and I am also very confused. Although I have read some books and materials about Bitcoin, but there is only a vague concept. I saw an op sorted out about encryption in the beginners of the forum. Currency and Bitcoin information, you can go there to collect some resources about Bitcoin or cryptocurrency.

Don't be confused. You're just starting out and usually when you are beginning to learn something, you will not really understand it on an instant.

Go get a lot of resources that you can find, you've got books as you've said and there are a lot of materials that you can find to easily understand bitcoin just as this.

--> https://aantonop.com/

There are some free resources you can watch there.

[proTECH77]

Many people that find bitcoin or cryptocurrency difficult to understand are those people who don't want to read anything concerning bitcoin or cryptocurrency to know how it work. Bitcoin or cryptocurrency are very easy to understand, if only you can dedicate your time to do your personal research concerning cryptocurrencies and how someone can make use of it to become a rich man or woman like the way we make use of  fiat money to become rich in the country. 

[sayaya17]

Bitcoin is very hype nowadays because the price is getting higher, it's already making many people and large companies interested
in investing in bitcoin and other cryptocurrencies. But before investing, you should first find out what bitcoin is. Many sources explain
the meaning of bitcoin and how to trade bitcoin. This will help especially for those who want to invest and trade.

[Sanugarid]

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.

What you've suggested is already done and lots of cryptocurrency contents are being published all over the internet even on social media platforms. I think the reason why people struggle to understand cryptocurrency is the complexity of terms used. Thankfully, many crypto experts shares their knowledge and experience in a simple term were ordinary people could understand. Of course, it will take some time but as long as you're willing to learn you will definitely make it.

[Lorence.xD]

To answer the question, I think it really depends because there are people that has some background knowledge about technical stuff and there are some people that don't have, the latter will have a problem understanding bitcoin but if they are determined, they can understand it, it just takes time for the, the former will not have that much problem since that person can catch up with discussions and can easily understand some technical jargon.

[aaarmila_k]

It seems great to me as we know the field of cryptocurrencies is very massive and there is a lot of information and it needs to be pending day by day as it is updated daily.
People find it difficult to understand because they have no one to guide them

[best123]

There are several articles or materials online on Bitcoin and cryptocurrency at large. Though, many beginners find it difficult to understand at the early stage. Any body that want to understand Bitcoin and cryptocurrency can google it. Information are many there on cryptocurrency.

[Wend]

If the person has not interested to learn in bitcoin maybe it is difficult to understand.But for us we understand clearly but not all there time that we need to learn more about bitcoin. Because nowadays they are afraid to enter in cryptoworld or invested on it, Maybe because of these they always heard from the news or read some negative though about bitcoin. But for us we earn and learn from bitcoin and theres no problem of that we always doing everyday.

[Mahanton]

If the person has not interested to learn in bitcoin maybe it is difficult to understand.But for us we understand clearly but not all there time that we need to learn more about bitcoin. Because nowadays they are afraid to enter in cryptoworld or invested on it, Maybe because of these they always heard from the news or read some negative though about bitcoin. But for us we earn and learn from bitcoin and theres no problem of that we always doing everyday.

Not really that hard and i agree that if someone is really serious on learning up something then this wont be an issue and not really a reason for you to stop on engaging with
bitcoin.Its not really that hard honestly because even in simple understanding you could eventually get on what it is all about and its not that hard.
The time when we do call its challenging when we do already talk about trading and other earning investment because this one will really be requiring
sufficient knowledge and experience throughout the market and if you dont have this one then you would really be having a hard time.

[elisabetheva]

If the person has not interested to learn in bitcoin maybe it is difficult to understand.But for us we understand clearly but not all there time that we need to learn more about bitcoin. Because nowadays they are afraid to enter in cryptoworld or invested on it, Maybe because of these they always heard from the news or read some negative though about bitcoin. But for us we earn and learn from bitcoin and theres no problem of that we always doing everyday.

all can be sure that there will be pro and contra uncovering something that is new in the eyes of certain people but not for those who have been involved for a long time. things that are commonplace and must be understood because the name with the funds that might be spent to invest does require strict policies to be able to determine the choice.

If you are familiar with bitcoin, of course they will be surprised because investing in it is very attractive even though the possibility of loss can also occur, in fact almost all investments will happen. but the fundamental difference is that bitcoin investment, if done patiently and does not panic, is very profitable compared to other investments.

[bitzizzix]

Actually, to understand bitcoin depends on their seriousness in trying to get to know and understand bitcoin more deeply, especially those who are still beginners and no doubt those who have been in this industry for a long time who of course really understand bitcoin.
and for those who underestimate this digital currency entity especially bitcoin, and are pessimistic about its future prospects, but all these doubts are like a slap in the face, because now the value of Bitcoin is really skyrocketing.
and finally those who do not understand bitcoin well even hate it realize and regret not understanding bitcoin well, and after that many people try to know and understand bitcoin even though it's too late because now bitcoin is proven to have experienced unexpected price increases and many people become rich or his life changed because of bitcoin.

[LukeCage]

In fact, Bitcoin is not difficult to understand. It is a currency, with a linked price. The real difficulty is to understand how bitcoin works and why it is so valuable. You may need some knowledge in economics and IT fields.

[Kittygalore]

In fact, Bitcoin is not difficult to understand. It is a currency, with a linked price. The real difficulty is to understand how bitcoin works and why it is so valuable. You may need some knowledge in economics and IT fields.

You are somewhat right and wrong at the same time, yes bitcoin is easy to understand but that is just scratching the surface but if you delve deeper then that statement gets less true as you go deeper, it is not a bad thing and it is not a requirement to know it all in bitcoin so you don't have to worry about it, the basics are enough.

[Mamun74]

If you don’t know about bitcoin, you can understand it by looking article book.I Think so it should be learned by educated person who know the better English.First you need to know waht is bitcoin and why it’s valuable.