Some till don't understand crypto and bitcoin

[kotajikikox]

SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?

Is this really the statement?i think you should Quote the said sentences for clarification because i think it is not crypto that being mentioned but "BlockChain"?

Cryptocurrencies are being represented By all existing currency though the the Leader obviously is bitcoin.

I stand to be corrected but thats the way i understand the Statement of that CEO unless he is a sleep talker and just opening His mouth not knowing His own words.

[Yatsan]

The hardship or difficulty of a certain individual to understand Bitcoin relies on how he perseveres and shows interest on learning and understanding the essential information he must know to better have prior knowledge about Bitcoin as well as other cryptocurrencies existing on the market. People are always up into the price and value that Bitcoin possess but are not interested on learning more about it because they were just after the benefits they can attain specially talking about taking profits from it. If you as an individual do really want to get into Bitcoin, you must be patient on knowing what Bitcoin really is before doing any engagement. Show some interest on learning it for you will be using those knowledge all throughout your Bitcoin journey. As long as people is interested on learning, nothing is impossible for him to understand what Bitcoin really is together with other cryptocurrencies as well.

[lousie9]

Bitcoin or cryptourrency is difficult to understand because it is anonymous, has no third party or the term cannot be regulated by anyone. In fact, not just an ordinary person, but myself, who has been here for a long time, is still a little confused about the ins and outs of the creation of bitcoin and how this blockchain can be made. yes, but the point is i enjoy what satoshi has made.

[cherryganda]

SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?

Perhaps, this will be based on the instinct of the individual dude. Remember, whether Bitcoin or cryptocurrency are both not easy to understand.
Besides, there's no shortcut here for us to earn in the fastest way too. And our success here is not like a lucky of fortune, we really need to learn a lot about here in this field of business industry.

[nrvasquez]

those who understand crypto and bitcoin are only young people, and some adults,
it can be said that 70% of young people, and 30% of adults,
this is what makes crypto currency still not very popular, wait until Bitcoin is heard by everyone.

I think bitcoin is still not mature enough as a big market, but I'm sure that with the many adoptions that occur, bitcoin will be increasingly recognized by many people and its value will also increase.

[minhkhoa]

SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?

If we know Bitcoin well. I think it won't be able to attract many investors. In my opinion, when Bitcoin rises and falls, it is more or less affected by global politics and economic instability that makes Bitcoin unpredictable.

[arjuna BTC]

SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?

would you like to give a link about the statements from softbank CEO if bitcoin is hard to understand buddy ?
because why he said crypto will be useful but he hard to understand about bitcoin, i think this is funny if someone know about crypto without understand about bitcoin

[uneng]

SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?

would you like to give a link about the statements from softbank CEO if bitcoin is hard to understand buddy ?
because why he said crypto will be useful but he hard to understand about bitcoin, i think this is funny if someone know about crypto without understand about bitcoin

https://www.businessinsider.com/softbank-masayoshi-son-doesnt-understand-bitcoin-sold-stake-price-distraction-2020-11

Seems the SoftBank CEO got very anxious and impatient with his invesment in bitcoin and decided to sell everything, because he couldn't stop watching crypto price charts, consequently disturbing his obligations at work.
Bitcoin is the kind of investment you can't monitor all day long. You need to invest and forget it for a while.

[IkonaDro4ku]

All bankers can be understood. They understand that this market is money but the governments of the countries don't give them the opportunity to work as they want. In our "tolerant world" they can only speak with such statements.

[plvbob0070]

When it's your first time hearing Bitcoin and crypto, it may really sound difficult to understand. I can say that for a normal person, it may become too complicated compared to how we use fiat, and that's understandable since not everyone has the same capabilities to easily understand it. Although I think he has the capability since he's a CEO but I think he's just reluctant or has a different perspective about bitcoin that's why he finds it difficult to understand. Perhaps he finds it difficult because he's not interested but if you do, it will be easy for you to learn.

[beerlover]

Not going to lie, if you are above a certain age and/or you haven't checked bitcoin so far, when you first meet with it and try to learn what it is, you are not going to fully understand what it is. I didn't really understand many things when I first started out neither, it was a bit complicated.

However even today when I am so much involved with crypto, I still do not get some stuff, like how there are some places that does lending, you give them 100 dollar worth of eth and they give you 50 dollar worth of something else and you get to do whatever with it?

Why is that lending, how is that advantageous for anyone? I could just use that 100, and if I do not want to ... well I still am by giving it to them anyway? So, you don't really need to be expert on everything regarding crypto in order to have your own opinion, wouldn't worth as much but still do not need any requirement to give your opinion.

[TheGreatPython]

SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?

For me, right from the start there was nothing difficult to understand about Bitcoin, I understood every aspect of it. But that won’t be the same for other people, everyone is totally different and if I find it to be easy as pie, others are not going to see it that way until the time is taken to teach them how it works.

It’s just like some people I told about Bitcoin, difference between me and them: when I started Bitcoin I needed nobody’s help in understanding what it’s all about, I studied about it , there were already so many articles there to help me understand it, and depending on how further I want to go with it, but when I tell other people they always want me to guide them through everything, even when they study it online they still need my help.

[oprahwindfury]

Bitcoin is old enough and it is crossing it's decade in crypto. But this is a bit uncommon for the people when  they heard about about it. Samely curiosity works and  they jumped into it without knowing about the crypto properly that's why they think this is hard to understand.

[mamesso]

SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?

Besides SoftBank CEO, how many people say that? Maybe because he (SoftBank CEO) doesn't fully understand cryptocurrency yet, if he wants to learn about cryptocurrency, surely he will fall in love with cryptocurrency.
Since it was first created, bitcoin still exists in cryptocurrency, even the price continues to increase. In my opinion, the development of cryptocurrency from year to year due to bitcoin.

[best123]

Where must traditional financial institutions finds it difficult is in fraud tracing. I was once hacked despite my years of experience in the blockchain, i traced to the point, i got totally confused. But if, it is traditional financial institution, you can trace the fraudster without much effort. I love blockchain and its use cases but there are also limitations to it.

[Kong Hey Pakboy]

Bitcoin, cryptocurrency, and blockchain technology is broad, that is why other people is having a hard time understanding some of it's technical terms. But if you are enthusiastic to learn and engage in crypto and blockchain space, you can surely understand the existence of bitcoin and other cryptocurrencies.

[rahmatullah9305]

Bitcoin, cryptocurrency, and blockchain technology is broad, that is why other people is having a hard time understanding some of it's technical terms. But if you are enthusiastic to learn and engage in crypto and blockchain space, you can surely understand the existence of bitcoin and other cryptocurrencies.

Yes, that's right, in general it is very understanding, but if it is explored specifically and deeply, then Bitcoin, cryptocurrency, and blockchain technology are not that broad and will instead look very simple and make it easier for everyone to use them.

[minatour]

Nothing is difficult to understand in crypto, there alot of books to read, lots of sites now posting about cryptocurrency everyday, lots of YouTube videos to watch, so to understand is simple but to believe and start investing is what I can say is hard.

[globalcitizen]

SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?

The CEO no doubt must have expressed the opinion of many other heads of organizations and businesses. Except one is an active player in the blockchain and cryptocurrency ecosystem, the high volatility nature of Bitcoin and many Altcoins must remain a mystery to such person.

Even many people in the industry still can't figure out what is actually driving the crypto market. So, I think it's not out of place that the SoftBank boss expresses his frustration about the crypto king.

[sulendra12]

Is there anyone on here is find bitcoin hard to understand? What's your thought on this?

In what context though? In technical point, yea it is very hard to understand even for me. Blockchain point, mining stuff and other technical stuff, they are really difficult to understand for normal people.

But, most of the people use Bitcoin or Crypto in general in the investment side instead. Because that is the most people usually does on Bitcoin for investment.
I kinda understand why most of the millionaires afraid of investing on Bitcoin because of the crypto's nature and they could lose partial of their money if they do that. They feel safer investing on stock instead.