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Author Topic: How can bitcoin be made easy?  (Read 295 times)
Wesleyeric (OP)
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October 31, 2020, 07:14:45 AM
 #1

My question and also contributions is,Some class of human still find it difficult to understand what bitcoin is, Some have bitcoin in there wallet but they don’t understand it, Those kind of bitcoin can easily be scammed by using bitcoin. If there will be a means of understanding bitcoin more better will provided I think they will not be scam on bitcoin, because You can only be scammed on what you don’t know.We have to share our ideas together and think of a better thing to do if any issues of such arise.
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October 31, 2020, 07:48:13 AM
 #2

The only solution is DYOR = Do your own research.

We have unlimited resources by just searching the precautions on how we can avoid to be scammed.

We have the forum that has a lot of tips on how to avoid being scammed.

You need to rephrase what you say too.

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October 31, 2020, 08:00:28 AM
 #3

Some have bitcoin in there wallet but they don’t understand it, Those kind of bitcoin can easily be scammed
It can only get scammed, hacked or stolen if the user with that wallet doesnt know how to take some precautions like using a custodial wallet. Everyone shoukd be informed that non custodial one with own key can always be secured from any source of scammed. Remember not your key not your coin.

There are plenty of ideas shared here already on how to protect your bitcoin asset. I dont want to spoil you with it but you can always use the Search Function to look for it.

You need to rephrase what you say too.
Agree. I got myself confuse with the sentence fragment.

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October 31, 2020, 08:30:22 AM
 #4

To answer the topic title, there are lots of resources; books, videos, articles, podcasts etc which would help newbies become acquainted with bitcoin, they need to take the effort to read and understand them. This community is also a good place to gain knowledge and ask questions, there are local sections where people can communicate in their local language making the forum more welcoming to new members.
There are also other community based projects aimed at making the concept of Bitcoin readily understandable, such as the translation of the whitepaper into different languages.

Some have bitcoin in there wallet but they don’t understand it,
Why would anyone buy and hold an asset which they do not fully understand? You need to have basic knowledge of how to obtain and safely store bitcoins before attempting to hold one.

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October 31, 2020, 09:46:12 AM
 #5

I have been saying it always, if you do not save your assets then no one can help you. You should gain knowledge as much as possible that you are involved with. It's pretty easy to scam who do not have proper knowledge about Bitcoin. For example, a few newbies believe that there is possibly double your bitcoin with a sec. But the reality is different and we all know those are old members here.

Anyway, there is a lot of thread that has been created how save your assets from the scammers, but who cares? Because still you have been seeing many scams happening due to lack of proper knowledge about Bitcoin. Don't remember, you are responsible for your assets. So you have to take a real-time decision based on timing.

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October 31, 2020, 09:49:20 AM
 #6

Bitcoin won't become more user-frendly one day. Don't know how it works? Read about it.
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October 31, 2020, 09:54:13 AM
 #7

The only solution is DYOR = Do your own research.
DYOR will only get you so far, and I do not think that it is a good long-term solution because once adoption reach a critical mass where the population that uses bitcoin is in global scale, DYOR will not be enough. There should be a time that it also should innovate into becoming a user friendly system that even a teenager can use without hassle. I can see where the OP is coming from with the statement, it should be easily understood by the masses or it will be gatekeeped by the few knowledgable elites which defeats the purpose of bitcoin all along.

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October 31, 2020, 10:05:37 AM
Merited by fillippone (3), notblox1 (1)
 #8

The ways to prevent scammers from stealing bitcoin from you is very important but many bitcoin users do not even know about security and safety until they are scammed. Newbies should not worry themselves much, there is a compiling lists of topics on this forum that will help newbies to learn how to avoid internet scams and hacks.

Good topics on security and privacy
During past days, as bad consequence of boring time from the pandemic (we are all tired of the COVID-19) and lockdown, I digged to learn more on security and privacy and found some good ones. Instead of keeping them on my all computer, on browser bookmark, I share them here for you. If you know it, please ignore. If you know something more, please share.

Thank you and stay safe !

|
Title
|
Author
|
|Aegis Authenticator, a decent alternative to Google Authenticator and Authy|mk4|
|Crypto Security - Additional Protection For Your Seed/Private Keys.|Lucius|
|[BEWARE] Sim Port Attack|GreatArkansas|
|[GUIDE] How to Create a Strong/Secure Password|GreatArkansas|
|Windows 7 stopped product supports. Please upgrade your Windows and wallets ASAP|tranthidung|
|How to Install Tails OS on USB flash drive for Wallet Purpose|DroomieChikito|
|Using mobile phone as a full mobile wallet|nc50lc|
|[Guide] Secure air-gapped crypto wallet storage method|Sowik|
|Bitcoin’s Public-Key Security Level|nullius|
|CoinJoin: Bitcoin privacy for the real world|gmaxwell|
|Why you should upgrade Windows 7 to Ubuntu|n/a|
|Linux Mint|n/a|
|Basic security guide (firewall, backups, antivirus..)|testbug|
|Let's talk about Privacy|bitmover|
|#DeGoogle - Take back control of your privacy|xxjumperxx|
|Traditional Authentication, 2FA and 2SV|Luzin|
|Overview on browsers. Which one should we use? Support free web while browsing|bitmover|
|How to stay private when using Android (protonmail blog)|bitmover|
|Bitcoin Privacy - How easy it is for someone to find all your wallets addresses|bitmover|
|2FA HW security keys, Yubikey and such|Captain-Cryptory|
|Discord Deskt. client can steal your Password,Cryptocurrencies via PM Link!|Lafu|
|Brave browser hijacking links and affiliate codes!|notblox1|
|[TUTORIAL] Generate 2FA with Keepass (instead of Authenticator App)|bct_ail|
|[INFORMATION] The Cipher, it's meaning, types and connection in cryptography|Nellayar|
|[Education] Bitcoin Privacy and Anonymity|Husna QA|
|[Tips and Information] Privacy and How to Stay Anonymous Online|Krislaw|
|[Howto] Use Ledger Nano as Security Key|aundroid|
|[Guide] Protect your Crypto: Security tips for your home computer & network|aundroid|
|{WARNING} Cybersecurity vulnerabilities/flaws: Linux and Mac users (04.02.20). |TheBeardedBaby|
|[Guide] How to know if your email address was part of any data breach|nelson4lov|
|What to do to avoid phishing sites|hd49728|
|Host-file to deal with phishing sites|hd49728|
|[LEARN] Phishing Quizzes - Beginners & Experts|dkbit98|
|UPDATED!!! Punycode and how to protect yourself from Homograph Phishing attacks?|wwzsocki|
|Authentication: Types, Risks/ Attacks, Advice|OcTradism|
|Visiting official websites and download official apps, not fake ones.|OcTradism|
|WATCH OUT - TikTok app is a SPYWARE!!!|wwzsocki|
|Privacy-o-meter, a free tool to assess the privacy level of your BTC transaction|BlockchairExplorer|
|Forum account: security, privacy, and recovery|OcTradism|
|A treatise on privacy|fillippone|
|Why KYC is extremely dangerous – and useless|1miau|
|Critical Electrum vulnerability|theymos|
|How Scammer tried to Hack my Bitcointalk and how to Protect yourself?|dkbit98|
|Protecting Your Account|LFC_Bitcoin|
|Privacy at risk using mobile phones. Not only Bitcoin-related. |fillippone|
|Why it’s important to avoid telling everyone about your crypto holdings|1miau|
|Cyber actors are now targeting Tor exit nodes to perform SSL stripping|cryptomaniac_xxx|
|Archive.is has stopped supporting Brave Browser|witcher_sense|
|Hacked and Changed Email addresses Account using Yopmail accounts|Swenna|
|Using Disposable Email Address to Prevent Spam|ImThour|
|2FA-Recovering your KYC Google Auth Keys.|condoras|
|[SECURITY | GUIDE] How to protect your wallets and private keys|Nestade|
|Password Spray Attack vs Brute Force Attack|Jating|
|Clipboard Hijacker Malware Monitors 2.3 Million Bitcoin Addresses|Lafu|
|How to lose your Bitcoins with CTRL-C CTRL-V|LoyceV|
|Hacker blackmailing me and ask for money. Did you also get this email?|sujonali1819|
|Privacy, ways to protection|Charles-Tim|
|Guide and advice for new Users before you Download anything from the Forum|Lafu|
|Report Malware and Suspicious Links here so Mods can take Action !|Lafu|
|A hands-on lesson on why you should check PGP fingerprints!|nullius|

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October 31, 2020, 10:09:50 AM
 #9

My question and also contributions is,Some class of human still find it difficult to understand what bitcoin is, Some have bitcoin in there wallet but they don’t understand it, Those kind of bitcoin can easily be scammed by using bitcoin. If there will be a means of understanding bitcoin more better will provided I think they will not be scam on bitcoin, because You can only be scammed on what you don’t know.We have to share our ideas together and think of a better thing to do if any issues of such arise.

Scammed using Bitcoin? What does that even mean? Bitcoin is not that hard to understand especially if you are willing to learn something from it. I don't think that you should worry about the "difficulty" of bitcoin, since it is not that hard to start with, you should focus more on how you would actually make people use it. It is easier to teach them if they are willing.

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October 31, 2020, 10:10:40 AM
 #10

My question and also contributions is,Some class of human still find it difficult to understand what bitcoin is, Some have bitcoin in there wallet but they don’t understand it, Those kind of bitcoin can easily be scammed by using bitcoin. If there will be a means of understanding bitcoin more better will provided I think they will not be scam on bitcoin, because You can only be scammed on what you don’t know.We have to share our ideas together and think of a better thing to do if any issues of such arise.

I can relate to that when some of my friends are struggling to understand on what Bitcoin is all about. If I were to explain it to them, I wouldn’t want to go further with the technical details. For a simple understanding about Bitcoin, it’s like investing in stock market, but better than stocks because of no central authority and doesn’t need to be an accredited investor. I just simply show them the CoinMarketCap and let them choose which coin or token are they planning to invest, trade, HODL, etc., at their own risk.

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October 31, 2020, 11:50:06 AM
 #11

My question and also contributions is,Some class of human still find it difficult to understand what bitcoin is, Some have bitcoin in there wallet but they don’t understand it, Those kind of bitcoin can easily be scammed by using bitcoin. If there will be a means of understanding bitcoin more better will provided I think they will not be scam on bitcoin, because You can only be scammed on what you don’t know.We have to share our ideas together and think of a better thing to do if any issues of such arise.

See its clear that before you have bitcoin in your wallet automatically the user knows the values of it, because humans always adventure into business or transactions they know the rules and regulations, in difficult aspect of it via bitcoin, not everyone who are into cryptocurrency especially bitcoin find it difficult to understand its concepts currently, from the looks of crypto its rare to see someone who are bitcoin illiterate currently because btc has dominates half of the world.

From the aspect of scamming, no one is above scamming except we really avoid investment because its investment that lends some people into scamming platform,in summary both novice and no novice can be scam because of interest of doubling your coins or money.



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Darker45
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October 31, 2020, 12:38:53 PM
 #12

There is no easy way. Well, it depends on you on how you treat Bitcoin, but in general Bitcoin is not just something which you could just easily reduce into what it is not.

You are your own personal bank with Bitcoin; how could you choose the easy way out? You are not just keeping money in your wallet; you are the one who is in charge of the vault itself. If I were you, with this very heavy responsibility, I would want to understand Bitcoin a little deeper than just have it without knowing what it is meant to have it.

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Genemind
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October 31, 2020, 12:58:14 PM
 #13

My question and also contributions is,Some class of human still find it difficult to understand what bitcoin is, Some have bitcoin in there wallet but they don’t understand it, Those kind of bitcoin can easily be scammed by using bitcoin. If there will be a means of understanding bitcoin more better will provided I think they will not be scam on bitcoin, because You can only be scammed on what you don’t know.We have to share our ideas together and think of a better thing to do if any issues of such arise.

The first thing that we have to invest in a crypto is knowledge. Buying Bitcoin and other cryptocurrencies without enough knowledge is like entering a battle without having an idea on how to use weapons, you will surely lose. We should know how to access Bitcoin and know its worth and value as an investment. Learning things about crypto is a long process even for big time investors and traders so doing our own research would be a big help.
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October 31, 2020, 01:05:22 PM
 #14

Unless Bitcoin becomes centralized or some classes about it are added to schools (unrealistic), it's never gonna be something the average Joe knows about. Bitcoin's quite hard to understand because it's something new. Like other domains, you have to study it if you want to use it and know more about it.. and I personally think it's better this way.
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October 31, 2020, 01:53:15 PM
 #15

My question and also contributions is,Some class of human still find it difficult to understand what bitcoin is, Some have bitcoin in there wallet but they don’t understand it, Those kind of bitcoin can easily be scammed by using bitcoin. If there will be a means of understanding bitcoin more better will provided I think they will not be scam on bitcoin, because You can only be scammed on what you don’t know.We have to share our ideas together and think of a better thing to do if any issues of such arise.
Hello
I believe you have to start by sharing your experience with them , which would not only be personal and unique but at the same time people would be able to connect more. You have to tell them few things like :

- it's like decentralized stocks
- it's a digital currency not owned by anyone but the person holding it at that time

Explain them using things that they are already familiar with , you have to start introducing them to bitcoins by making them use it. It would be the best way since they would be able to connect more and use it practically too.

Make sure to explain the Volatility and at the same time explain it to them that " bitcoins is not something that will make you rich overnight "

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October 31, 2020, 04:14:56 PM
 #16

Actually, at this time, we can very easily find information related to Bitcoin, both legitimate and scam on the internet. well, this is where we can find various information from basic to in-depth about Bitcoin. We can also find discussion forums and various social media including community channels to understand more about Bitcoin.

However, what happens here sometimes is:
- They are lazy to read and study it seriously
- They want high results or profits quickly and easily
- They are too greedy
- They are lazy and don't want to check the information they get carefully

If they continue to do this, then somehow they will not be able to escape the scammers and will easily become victims.

therefore, whoever the people we know and want to enter into this crypto world, we need to give them an understanding deeply and carefully.


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October 31, 2020, 04:19:11 PM
 #17

Your thread is too vague it will be better to be understood by the readers and responded back to you if you try to do it in a more specific way.

Though some information like how to prevent getting scammed can be identified in your statement and most of the readers provided you with the correct response like Charles-Tim comment and given information links, it will surely help you but the best one will still be DYOR.  In fact, I did it when I'm also newly learning the basics in protecting your wallet might be as easy as counting 1, 2, & 3 but you must take extra precautionary measures since your Bitcoin is still an asset that hackers love to steal.

You must understand first how Bitcoin will work and how to secure it by using the right wallet that you control the key.  Please keep in mind that, your key your Bitcoin.
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October 31, 2020, 05:02:48 PM
 #18

People who still does not understand bitcoin after 2017 blast would be the last people to believe in bitcoin. We can't make it easy for them to understand until they wanna learn it themselves. I think the very reason why they still think that it is a scam or whatsoever is because of the conventional monetary power of fiat currency, they are like slaves of this one and could not accept that there is another face of currency.
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October 31, 2020, 05:42:52 PM
 #19

Some class of human still find it difficult to understand what bitcoin is...

What is a "class of human"? Do you mean social classes? The rich class can understand it and the poor cannot?

The question I like to ask people who spew such nonsense is: do you have to understand something to use it?

Do you know how a computer processes information? Do you know how the engine of your car works to drive it?
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October 31, 2020, 05:55:51 PM
 #20

Indeed, many people still do not understand anything about Bitcoin yet, but it is not necessary for people to understand everything about Bitcoin in order to use it, for example you can drive a car without knowing how the engine works accurately All you have to do is understand The driving mechanism, traffic lights, and security instructions, the same thing with Bitcoin. You do not have to understand the complex mechanism of Bitcoin's work in order to use it, but you have to understand Bitcoin in general, for example Bitcoin features in general, such as decentralization and anonymity, as well as security instructions about the use of the wallet and the security of private keys.

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