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Author Topic: Bitcoin is too complex for the average person  (Read 6154 times)
GigaBit
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February 24, 2015, 04:43:15 PM
 #61

Same thing with the internet... only those with a strong technological and financial inclination will jump all over it.

It's too complex because, well, it's not, the average person is not very smart... they can barely use a computer... 2P stated that.

Not only that, they think they know what they're doing but they don't, not only that, they get mad when you show them the right way.

Insanity's not doing the same thing over and over again, it's doing it over and over again expecting different results - Albert Einstein

Technology follows a "Line of Divination" or is what I call it...

-Nerds are always on top, once it's out, nerds want it to study it.  IE: Bill Gates & Comptuers, Mark Zuckerberg and Social Media & so on.
-Then businesses, they see that there is a lot more money to be made, for them it's a time to hog the good money now.
-Government gets in because they're scared the mean will be more powerful than they are, regulation comes... IE: DMCA, PIPA, SOPA, etc...

If the nerds and businesses benefit from it, then the government will say how good it is and start using it themselves... at that time though, it's too late, all the money has already been made.  It's the same thing with the Gold Rush syndrome... everyone remembers those old timers in 1849 who's pick up baseball sized nuggets out of creeks, overnight riches.  So they hear of a new gold rush thinking they'll go somewhere thinking they'll just pick baseball sized nuggets.

The new ones who came had a lot more work cut out for them to turn a profit and many failed.  One man's fortune is another man's pain.

It's not too complex, the average person is not interested in this kind of stuff... I tried, only 2-3 wanted to get into it, the other hundred got their heads so far up their wive's anus, even a bullhorn wouldn't fend them off. 

Plus when it comes to money, people want the sure, secure, protected and insured solution and cryptos are none of that.

They never had to live through a great depression and those who did seem fine with another one.. been there done that, who cares?

Even giving Bitcoin's not an easy task to someone who doesn't understand economics nor technology...

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February 24, 2015, 04:45:32 PM
 #62

The internet is far more complicated than bitcoin. Which is why the internet has been such a miserable failure.

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February 24, 2015, 05:01:40 PM
 #63

When Bitcoin goes mainstream, all that Average Joe is going to see and know is, User Name & Password & how much is in their "account".
All the addresses/privatekeys/confirmations/coinbases/txid/fees/etc will all be hidden behind a nice bland user interface.
Average Joes won't even truly understand what their private key is and will care even less about the advantage of decentralization.
The wallet program will maintain everything/encrypt/decrypt/key generation/etc., but will be hidden and only found after clicking the "Advanced" button.
And when you click that button, a message will popup, "Warning: Only advanced Bitcoin users should proceed. Changing any settings could harm your Wallet".
Average Joe will not proceed.
IMO, this will be the reality till one generation of the above stated user is gone.
Then Average Joe's children will understand, probably around 2050 AD.

I support a decentralized & unregulatable ledger first, with safe scaling over time.
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February 24, 2015, 05:11:33 PM
 #64

You are pretty right on this! As per now it is pretty hard , though it has really been better than before and it will get better in future and soon enough good enough to be understood by anyone Hopefully Smiley
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February 25, 2015, 01:25:19 AM
 #65

Anyone ever got the feeling that Bitcoin is too complex for the average person? The average person wants things as simple as possible, so when the word, Blockchain, Decentralization, etc, come into play, I feel that makes it too complicated for the average person to understand or even care.

Give Bitcoin some time....
Soon, the average person will think of his wallet as some kind of bank account. He really won't care about anything else.

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February 25, 2015, 01:45:56 AM
 #66

Anyone ever got the feeling that Bitcoin is too complex for the average person? The average person wants things as simple as possible, so when the word, Blockchain, Decentralization, etc, come into play, I feel that makes it too complicated for the average person to understand or even care.

Bitcoin is as it is, and it will find targeted audience no matter how "complicated" it is. And in the end whats so complicated about it, its not like every user has to
know to sign a message, or mass with private keys. even with basic bitcoin client, all you have to do is imput reciever address and click send..
they dont need to know all the process behind it to be able to use it..

cheers
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February 25, 2015, 01:55:24 AM
 #67

Yes, for now it is. But it is new technology and in next years will simplify enough and become more secure.
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February 25, 2015, 01:56:46 AM
 #68

The topic of money itself is too complicated for the average person, yet people still use it. Bitcoin is no different.

It is not a big deal because people do not need to understand how Bitcoin works in order to use it.

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February 25, 2015, 04:14:56 AM
 #69

The topic of money itself is too complicated for the average person, yet people still use it. Bitcoin is no different.

It is not a big deal because people do not need to understand how Bitcoin works in order to use it.
Pretty much true, we'll pick up more people from the mainstream to use this evolutionary technology the easier it is to use w/o them having to go through the learning curve that most of us have went through. As in, tech advances allowing them to use it w/o totally realizing the finesse points. Iron-clad wallets, exchanges and apps that allow them to use it painlessly in a related fashion of how they spend/use/store their fiat. The rest of what Bitcoin has to offer will add the bonus factors.
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February 25, 2015, 04:34:32 AM
 #70

Anyone ever got the feeling that Bitcoin is too complex for the average person? The average person wants things as simple as possible, so when the word, Blockchain, Decentralization, etc, come into play, I feel that makes it too complicated for the average person to understand or even care.

Its not just a feeling its a reality, services need to simplfy BTC for the average person.  Sites like changetip are great for this as they offer easy use but then there is always the option to withdraw and go full bitcoin.
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February 25, 2015, 06:10:33 AM
 #71

Anyone ever got the feeling that Bitcoin is too complex for the average person? The average person wants things as simple as possible, so when the word, Blockchain, Decentralization, etc, come into play, I feel that makes it too complicated for the average person to understand or even care.

Its not just a feeling its a reality, services need to simplfy BTC for the average person.  Sites like changetip are great for this as they offer easy use but then there is always the option to withdraw and go full bitcoin.

and bitcoin wallet itself it need to be simplified so user can use it easily like web browser, and more importantly more informative.


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February 25, 2015, 06:48:56 AM
 #72

Anyone ever got the feeling that Bitcoin is too complex for the average person? The average person wants things as simple as possible, so when the word, Blockchain, Decentralization, etc, come into play, I feel that makes it too complicated for the average person to understand or even care.

If everything gets fixed and fully implemented, the average person won't even have to worry. It'll be as seamless as using a debit card. Paper wallets, on the other hand, I foresee a lot of people possibly hording in the future like bearer bonds. It's just an added feature to create value. But what's cool is if you ever decide to use paper wallets, it's as easy as taking it to the merchant and scanning the code, whereas consuming bearer bonds require a lengthy process. Yeah, I'd say it's pretty well thought-out.
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February 25, 2015, 07:15:39 AM
 #73

The topic of money itself is too complicated for the average person, yet people still use it. Bitcoin is no different.

It is not a big deal because people do not need to understand how Bitcoin works in order to use it.
bitcoin many stories about this that I hear and unique, for it is good news I believe.
make it a spirit. because I have not experienced it directly
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February 25, 2015, 07:19:32 AM
 #74

More people need to learn about what BTC is instead of just being told to start using it.



Yes this is obvious, but there are a lot of people that have never used a smartphone or "surfed" in the web and also there are some people never used a credit card or debit card.

I am talking about western countries..
There is less than 10% of EU that has a "old" non-smartphone.

So honestly that isnt a problem..

Its telling people about the benefits instead of talking about the scams and silk road.

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February 25, 2015, 11:01:00 AM
 #75

Anyone ever got the feeling that Bitcoin is too complex for the average person? The average person wants things as simple as possible, so when the word, Blockchain, Decentralization, etc, come into play, I feel that makes it too complicated for the average person to understand or even care.

If everything gets fixed and fully implemented, the average person won't even have to worry. It'll be as seamless as using a debit card. Paper wallets, on the other hand, I foresee a lot of people possibly hording in the future like bearer bonds. It's just an added feature to create value. But what's cool is if you ever decide to use paper wallets, it's as easy as taking it to the merchant and scanning the code, whereas consuming bearer bonds require a lengthy process. Yeah, I'd say it's pretty well thought-out.

Yes, I agree with this.
We just need more merchants to accept BTC, because right now average person can't spend his bitcoin funds in to many places on Internet.
We want public to use bitcoin for buying and selling digital products, not like investment.

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February 25, 2015, 11:45:57 AM
 #76

More people need to learn about what BTC is instead of just being told to start using it.



Yes this is obvious, but there are a lot of people that have never used a smartphone or "surfed" in the web and also there are some people never used a credit card or debit card.

I am talking about western countries..
There is less than 10% of EU that has a "old" non-smartphone.

So honestly that isnt a problem..

Its telling people about the benefits instead of talking about the scams and silk road.

I talk about all the World, there are more than 1 mld of person who don't have an internet connection (and worse a smartphone with a mobile connection). So at the moment bitcoin is not fort all the world , maybe in the future the things will change.
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February 25, 2015, 11:51:14 AM
 #77

Why go after something that is impossible, instead of going after what is possible to do.


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February 25, 2015, 12:04:32 PM
 #78

Anyone ever got the feeling that Bitcoin is too complex for the average person?

I got that feeling too, I am so sad that bitcoin has also stopped growing and remains inaccessible to common people. I can't send btc to any of my friends and family because none of them have taken the time or energy to figure out how to use it

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February 25, 2015, 12:09:07 PM
 #79

If the price ever hits $1000, you will suddenly find all the average person will become a smart person. The problem is also because people are too lazy to learn. If they notice that bitcoin has the potential to become higher, suddenly you will see people developing to interest to learn up everything there is to know about bitcoin. Right now, it's too damn difficult and it's certainly not worth the time spent to learn up.

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February 25, 2015, 12:12:49 PM
 #80

If the price ever hits $1000, you will suddenly find all the average person will become a smart person. The problem is also because people are too lazy to learn. If they notice that bitcoin has the potential to become higher, suddenly you will see people developing to interest to learn up everything there is to know about bitcoin. Right now, it's too damn difficult and it's certainly not worth the time spent to learn up.
all what you wrote is fine. The problem is, it does not apply to many people who are not able to handle computers that well, e.g., elderly people. In their case it is not laziness and I don't think they will become bitcoin enthusiast any time soon.

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