Which part of Bitcoin do you think it's the hardest to understand?

[sirminesalot]

By taking a walk in my oldest threads, I wondered what part of Bitcoin was the most difficult, for me, to grasp. I think that I'm between the “Miners have a stronger voice than the rest of the users consensus-wise” argument and the block-size debate.

Right next to those, I'll easily put Elliptic Curve Cryptography and the Lightning Network as a concept. How about you?

Actually a lot. mostly about the technical things and the whole blockchain system and how is it built to create a peer to peer transaction system.
Till today i just used bitcoin to do the transaction and earn money from it but don't find out about it yet, later i will learn about the blockchain programming to learn about the fundamental how the system works.

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[Wexnident]

Nothing much. I haven't learned much about how the technical stuff works but I reckon I can understand tidbits of it since I dabble in backend development and have had my own experiences with developing my own systems. The concept and idea of Bitcoin were pretty difficult for me to understand though when I first got to knowing crypto. I was pretty baffled with it since my first time hearing of it was when I was in Highschool, was pretty baffled with what crypto even meant since all I know with "cool" techy sounds was that they were used to hack something lmao. Years of being exposed made me gradually learn about it though.

[haasanjui]

Bitcoin's hardest part to understand is its price prediction. Any time it dip or pump. Only big traders can predict but it is just prediction. Bitcoin is expensive so anyone can't afford BTC for trade.

[Rath_]

The side-chains was a good idea, but the implementation and the tutorials for this was too technical for the average person to understand. It should be a 2 step process.. (Example : Download the wallet / Install App / Use the App) .. no constant tweaking.  

You can use a custodial wallet like BlueWallet if you don't want to bother with "constant tweaking". As the time goes by, wallets will become smarter thanks to features like autopilot, automatic inbound channels, splicing and so on. Also, The Lightning Network is an off-chain layer; not a side-chain.

[Accardo]

Bitcoin development is a discussion that should not last longer with me if the topic requires coding which I am not clear about how it was generated or the language. The networks is not that complicated to me but teaching someone else about it may be very difficult to me.

[Obito]

Bitcoin development is a discussion that should not last longer with me if the topic requires coding which I am not clear about how it was generated or the language. The networks is not that complicated to me but teaching someone else about it may be very difficult to me.

Coding is definitely difficult if you're not technologically inclined which is pretty bad in this modern world where technology is everywhere, that's my problem too although I do understand a bit of it because I tried my hands on coding a long time ago.

[Jet Cash]

The hardest thing for most people to understand seems to be the fact that Bitcoin is a hard asset, and that Bitcoin is the only crypto with this attribute. They seem to believe that if you can't kick it, or hold it, then it can't be a hard asset. Even the dictionary definition confines the definition to physical or tangible assets.

[ChiBitCTy]

This is a really good question. I think what’s probably most difficult for the majority of people to understand would be the blockchain and it’s cryptographic process. I personally still don’t really know the finite details of how it all works and I think that’s the same for most people. Reading/understanding cryptography takes quite a bit of time and skill.

[nicolerichardson]

It’s not easy for everyone to understand how bitcoin works. I didn't even understand that in the very beginning. I thought that there is only one person who mines bitcoins and traders have to buy from him and then sell to other traders. It took time for me to find out what it is in reality.