Why is Bitcoin hard for people to understand?

[AYOBA]

If people don't have an interest in a thing, don't expect them to see the good side of that thing. Bitcoin is interesting because you study it and has understood how it work, the people that has refused to learn about it are the people who don't care about it or have interest in it.

Yes, even though Bitcoin is relatively simple to understand and people are not interested in it, they will always perceive it as something difficult to understand. That is everything about bitcoins, and not just bitcoins.  Whatever a person undertakes in life, if he or she does not have a full hole for themself, they will not be able to achieve their goals.  That is the most important thing for anyone interested in Bitcoin to know: they must grasp how it works.

There is no way a person with some money invested on Bitcoin is going to say he is having difficulty in understanding Bitcoin, before you invest in anything you must first understand what's about and how it work, so it's not a mystery that people don't understand Bitcoin.

Having a background knowledge about bitcoin is quite important. Because it is impossible for a person to invest in bitcoins without some knowledge about them, which is why the majority of people who invest in bitcoin failed.  Why? It's because they don't know or comprehend how Bitcoin works.

[Mate2237]

The main reason some people do not understand bitcoin is because they do not care about it, they do not want to know about it. If they want to know about bitcoin, only simple information is what they need.

First is that bitcoin has just limited supply. That will later make it scarce, its price will increase more because of that. This information first can make them be eager to learn more about bitcoin.

People do not need the technical parts of bitcoin but just the investment part and also reading about bitcoin security and safety.

True with the information that is available to many concerning Bitcoin no one who is truly ready to know about Bitcoin will say that he is not understanding what the concept of Bitcoin is all about, there is the Internet for anyone who is really interested in Bitcoin to leverage on you can also ask question and learn from people who are into it so that they can explain it to such a person.


One thing about life is that anything that you don't give attention to will will not become part of you or you will not master it, Bitcoin is not hard for anyone to grab it's all boils down to how one give attention to it.

[LogitechMouse]

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3. Lack of interest to learn.

People do not want to learn something if it seems hard to understand. I did not start reading books or watching videos to learn what Bitcoin is. I needed Bitcoin to do some transactions, and then I figured out there are free faucets from which I can collect Bitcoin. So, I wanted to earn Bitcoin. I think there was a website from which I could withdraw directly to Coinbase without paying the withdrawal fees. So, I think Coinbase was my first centralized exchange, and I stored some Bitcoin back then. See - I didn't even know the difference between an exchange and a wallet. So, everyone doesn't learn in a day or a week. If I didn't have an interest, I couldn't learn.

Yep. Unfortunately this is the reason for most of the people why they don't understand.

Well, we have different ways of learning Bitcoin, but what matters is we learn about it. As for me, I did read articles, read on this forum, but for majority of my newbie years, I watched documentary videos with regards to Bitcoin, and that's when I learned about it. As for the faucets, I figured it here that I can earn free coins just by doing the captcha. Unfortunately, those coins that I got went to a cloud mining site. As for the time frame of learning, it took me months of learning. Those who will be saying that they learned the basics in a few days are just stupid or they're just bluffing.

I guess I'm lucky that I didn't got overwhelmed by the amount of information that I took when I'm starting. Well, maybe the fact that I'm interested in learning what Bitcoin is got me.

Anyway, how do I connect my Logitech Mouse and Keyboard to my Mac mini? It doesn't have USB Type A port  

There are 2 ways.
1. Use a mouse and keyboard that has a bluetooth-ready.
2. Use a USB-C to USB-A adapter.
I know this is just a bit of funny to answer since I know that it's a joke, but I guess it's time for me to change my name, eh?  

[Byebyebtc]

I've noticed that very few people truly understand Bitcoin or see what I see in it. I've always wondered why it's so hard for people to grasp the essence of Bitcoin.
Yesterday, I came across a really good video that explains why it's so difficult for people to understand Bitcoin.

It's simply too big of a paradigm shift.I recommend watching the first 20 minutes  they do an amazing job explaining why most people don’t really see or understand Bitcoin.

https://www.youtube.com/watch?v=c6ZHRci4Kbw

Understanding bitcoin does not necessarily need a video it's simple to understand,
But in my own perspective I feel that it depends on how intrested you are to the coin. The more intrested you are the more you want to know about it, you read more about you get deeper to know more about the coin,
 some individuals are just in for the money, and they set it as priority and as a result makes them fail to understand how this coin works, and it cause them to be a victim of unnecessary losses, as a result they don't to see the good side of this digital gold

[Woodie]

That Rabbit 🐰 Duck 🦆 photo got me, because depending on which angle you look at it , it changes it's form and if this is applied to Bitcoin, I think it's just fair to say that Bitcoin will forever take a form of how you see it the first time, and from what Rajat said it and explained in the video. if you see Bitcoin as a Ponzi scheme it will forever be seen like that and you can't unsee it unfortunately  I remember one of these Rich has always said BTC is a Ponzi and can never invest in it, and it's understandable... Like they say, first cut is the deepest and that is probably linked to this.

[Ndabagi01]

We have different views on how we see things, so don’t expect people to see things in the same way you do. They may never show interest in it because of their own perspective of it, don’t blame them as their mind is still yet not open to new things. People that are in this category when forced can never get to appreciate the better part of bitcoin but will always be looking out at the badder side of it to always have a say on. They can also carelessly do what they want without taking note of the risk factor of it, and then blame it to Bitcoin again calling it imperfection and making it very hard to believe in the whole theory of it. Bitcoin has explained itself beyond which it’s self explanatory to a layman, unless you’re not ready to embrace it will you always have excuse about it.

[Orpichukwu]

Many people don't know where to start with Bitcoin, and research, study, and understanding the basics are necessary. I must say that it requires a significant investment of time, money, and effort to grasp Bitcoin, which is something many people fail to understand.

It's not that easy; you can still give it all your time and money, and the only thing you will get is understanding of how to send and receive coins and a reason to hold for long and take profit, but the technicality of it is based on how well the learner is determined to go for it and how easily the person can understand those languages. Just as not everyone in a science class understands everything that's being taught in class, our brains process information differently.

[Sonia_123]

The main reason some people do not understand bitcoin is because they do not care about it, they do not want to know about it. If they want to know about bitcoin, only simple information is what they need.

First is that bitcoin has just limited supply. That will later make it scarce, its price will increase more because of that. This information first can make them be eager to learn more about bitcoin.

People do not need the technical parts of bitcoin but just the investment part and also reading about bitcoin security and safety.

Understanding bitcoin is not as difficult as you think, it all depends at the persons mindset and how he understands bitcoin to be, with time the person will really understand it, you know for some persons it is difficult for them to believe that digital currency like bitcoin could truly exist with all good benefits and opportunities bitcoin has and can be derived from if serious with it, and so they are lost in taught and take their time to gradually start practicing it and taking bitcoin step by step to see if it's really true of what bitcoin is all about

[PX-Z]

Simply because they don't want to understand and no effort for them to do so. Because even a high schooler can do it if they really want to. It's all about the willingness to learn and understand..
It doesn't differ on people who vary and depend their knowledge from someone they heard even though its false as long the tone is convincing they will believe it without researching what really it is.

[God Of Thunder]

Well, we have different ways of learning Bitcoin, but what matters is we learn about it. As for me, I did read articles, read on this forum, but for majority of my newbie years, I watched documentary videos with regards to Bitcoin, and that's when I learned about it. As for the faucets, I figured it here that I can earn free coins just by doing the captcha. Unfortunately, those coins that I got went to a cloud mining site. As for the time frame of learning, it took me months of learning. Those who will be saying that they learned the basics in a few days are just stupid or they're just bluffing.

I personally didn't even intend to learn Bitcoin. I learned it without even realizing that I learned a lot about Bitcoin. If you aim to learn something, it won't take long to learn about it. For you, it took a month because you were reading articles and watching videos to learn about Bitcoin. But, you would have eventually learn Bitcoin if you stayed around the ecosystem. I stayed around the forum and the cryptocurrency ecosystem I finally ended up learning things about Bitcoin.

There are 2 ways.
1. Use a mouse and keyboard that has a bluetooth-ready.
2. Use a USB-C to USB-A adapter.
I know this is just a bit of funny to answer since I know that it's a joke, but I guess it's time for me to change my name, eh?  

That's not funny. I already have a PULWTOP 9-in-1 enclosure with a Type A port, but I was having trouble figuring out what to do before I bought the doc station. So, I bought a Type C OTG cable and connected the Bluetooth dongle using the OTG. It worked. You have a pretty unique username.

[WhoYouCantKill]

This is quite reasonable. Bitcoin throws a challenge on the ideas held about money, authority, and trust, therefore it expected to see lots of people struggling with it. The changes in paradigm are first difficult to handle, just like the internet in its beginning days. A well given explanation, just like the one you cited, may enable users join the dots, yet complete grasping normally happens with time and from individual curiosity to know more.

[Victorybit1]

Many people don't know where to start with Bitcoin, and research, study, and understanding the basics are necessary. I must say that it requires a significant investment of time, money, and effort to grasp Bitcoin, which is something many people fail to understand.

It's not that easy; you can still give it all your time and money, and the only thing you will get is understanding of how to send and receive coins and a reason to hold for long and take profit, but the technicality of it is based on how well the learner is determined to go for it and how easily the person can understand those languages. Just as not everyone in a science class understands everything that's being taught in class, our brains process information differently.

The major reason alot of person even get into bitcoin is mainly because of the profit opportunity that it presents and if you narrow it to that area then knowing just the basics is more than enough to build and accumulate profits but in regard of the full technical knowledge in bitcoin then that's a totally different case entirely as one would need deep indepted knowledge and also time to study and  understand because bitcoin is technical as it's also simple.

[Stable090]

Understanding bitcoin does not necessarily need a video it's simple to understand,

Watching videos when learning about bitcoin will really help a lot, because when you are reading, it’s different from when you watching video about how a thing is done. Watching video is more practical which is really going to help.

The only people which I will say they are find it difficult to learn about bitcoin are the set of people that are not really interested in bitcoin, if you want to learn about bitcoin, then I don’t see anything difficult in it, if you are just focused to learn about bitcoin, then you definitely going to learn about it easy, but if you not interested, then your attention won’t really be there, and that’s why you going to find it difficult.

[Man of peace]

Why Bitcoin is hard for  people to understand,they are two categories of people who find it difficult to understand Bitcoin or what Bitcoin is all about .
1)newbies: these are the people who are brown new into Bitcoin, and everything looks so strange and hard to them even when they read anything about bitcoin, they will still not understand anything from it because they are not familiar to the word bitcoin and have never come across such words, which means they still need to be given aenough time to go through it over and over again to be able to pass the information into their brain.
2)again those who feel less concerned: these are the people who didn't take it serious,who did not have time to study about it or to learn about the Bitcoin,who feel that it doesn't mean anything to them and those who don't know the value of Bitcoin or importance of it.this people is not consistent, they didn't determine to know anything about Bitcoin, those who are not active in the study about Bitcoin, those who always read or study about Bitcoin only when they feel like without seriousness, those who doesn't have time to read..
   So this are the two categories of people who find it so difficult to understand Bitcoin..

[Out of mind]

Understanding Bitcoin is not difficult at all, but it is difficult for people who do not try to understand. Those who usually have experience and knowledge will understand Bitcoin very quickly and they will believe in Bitcoin, but those who have less experience and knowledge do not try to understand, due to which they are not related to Bitcoin. How Bitcoin works, how it is transacted and what its types are, all kinds of guidelines are given in different places, every person can learn from here. Moreover, by watching various videos about the use of Bitcoin, people will easily understand Bitcoin, but people do not do this. However, with the popularity that Bitcoin is gaining day by day, people will trust Bitcoin in the future and try to understand Bitcoin.

[Orpichukwu]

It's not that easy; you can still give it all your time and money, and the only thing you will get is understanding of how to send and receive coins and a reason to hold for long and take profit, but the technicality of it is based on how well the learner is determined to go for it and how easily the person can understand those languages. Just as not everyone in a science class understands everything that's being taught in class, our brains process information differently.

The major reason alot of person even get into bitcoin is mainly because of the profit opportunity that it presents and if you narrow it to that area then knowing just the basics is more than enough to build and accumulate profits but in regard of the full technical knowledge in bitcoin then that's a totally different case entirely as one would need deep indepted knowledge and also time to study and  understand because bitcoin is technical as it's also simple.

Even when someone wants to expand their knowledge, just as I read somewhere in this forum, the person doesn't just need to be an average student who finds it difficult to even understand common computer stuff because this technical aspect of it requires the person to be smart, as they will need to understand how things work and what pushes a transaction. A friend of mine said anyone who is not good in science classes has nothing to do with medical courses; the same is applicable in terms of deep knowledge with Bitcoin.

[Ricardo11]

I've noticed that very few people truly understand Bitcoin or see what I see in it. I've always wondered why it's so hard for people to grasp the essence of Bitcoin.
Yesterday, I came across a really good video that explains why it's so difficult for people to understand Bitcoin.

It's simply too big of a paradigm shift.I recommend watching the first 20 minutes  they do an amazing job explaining why most people don’t really see or understand Bitcoin.

https://www.youtube.com/watch?v=c6ZHRci4Kbw

For those who still don't understand Bitcoin, there may be two reasons for this: one is technical complexity and the other is psychological and cultural limitations. We know that Bitcoin is decentralized, meaning it is not controlled by any center. Its supply is limited. Which is completely different from the conventional banking system.
In this case, patience, long-term perspective and faith are required for some people to adopt a new financial system. In addition, the volatility of the Bitcoin market confuses many people and has a psychological impact on many. As a result, they are afraid. In addition, if there is education and technical complexity, it becomes difficult to understand its meaning.
We know that the real deal of Bitcoin is to keep up with the times and understand its practical applicability. Those who really try to understand its meaning can realize that Bitcoin is not just about money but also about financial freedom and faith. And to be successful here, you need to have patience, willingness to learn and mental preparation

[Mr Reporter]

This is quite reasonable. Bitcoin throws a challenge on the ideas held about money, authority, and trust, therefore it expected to see lots of people struggling with it. The changes in paradigm are first difficult to handle, just like the internet in its beginning days. A well given explanation, just like the one you cited, may enable users join the dots, yet complete grasping normally happens with time and from individual curiosity to know more.

Well i think will agreed on this Bitcoin's impact on traditional notions of money, authority, and trust can be challenging to grasp, especially for those who are new to the concept. The idea of a decentralized digital currency can be difficult to understand, and it's natural for people to struggle with it at first.

Well that turns to be correct i think the comparison to the early days of the internet is apt. Just as the internet required time and exploration to understand its full potential, Bitcoin and other cryptocurrencies are likely to follow a similar path.

As people learn more about Bitcoin and its underlying technology, they'll begin to grasp its implications and potential applications.