yui
|
|
February 26, 2015, 06:28:49 AM |
|
I think the main two things that the average person needs to understand and that simplify things a lot in their head are:
1) The relashionship between private key and public bitcoin address. Any random 256 bits, that is, 256 zeros and ones can be picked and the corresponding bitcoin address will be yours because everything you need to control a public bitcoin address is its private key. 2) Bitcoins only exist as virtual balances associated with a bitcoin address as a result of previous transactions related to that address that are recorded on a global ledger that is recorded and replicated in every computer node on the network. What you need to keep and can copy to a USB, to a CD, or to a paper, or even email to yourself and friends is the private key. To protect your private keys you need to encrypt your wallet. Bitcoins are not created. They simply enter circulation given as a reward to those that secure the network "mining" the proof-of-work that garantees all transactions enter the global ledger in the correct order. Understanding these things might be the hardest computer knowledge most people I've known would have mastered yet if they learn it. They wouldn't know how to copy something to CD and don't know what USB means.
|
|
|
|
rokkyroad
Legendary
Offline
Activity: 1090
Merit: 1000
|
|
February 26, 2015, 07:03:12 AM |
|
I don't discuss bitcoin or linux with the average person. Its not worth the hassle.
|
" If you have to spam and shout to justify your existence then you are a shit coin." TaunSew
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
|
|
February 26, 2015, 08:09:13 AM |
|
Fortunately, only half of the population is average or below ... for the rest of us, there is bitcoin.
|
|
|
|
koelen3
Legendary
Offline
Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
|
|
February 26, 2015, 08:51:13 AM |
|
Fortunately, only half of the population is average or below ... for the rest of us, there is bitcoin.
I would say seeing the today's hype in science and technology , Op's average is less then half
|
|
|
|
networthsigns
|
|
February 26, 2015, 04:58:58 PM |
|
Nope! that's not true! It was complex once but now every average guy knows internet and google teaches it all easily
i remember when android was released, at that time everyone uses blackberry or symbian phone. no one understand what android offer, but then ppl start using android and even bbm was ported into android, and android got better games than symbian. thats what will be needed for bitcoin to reach the masses. What bitcoin really needs is the support, adoption and knowledge of the general public to it. As the given quotes stated above, Android was once an unknown technology introduced by Google and other companies but once it reached the masses, it was quickly understood and seen widespread use all around the world. Yes! so the point here is more like that it will become more and more simple as more people start using it
|
|
|
|
networthsigns
|
|
February 26, 2015, 04:59:15 PM |
|
Nope! that's not true! It was complex once but now every average guy knows internet and google teaches it all easily
Said it all! Today with google, everything becomes easy. All hail google
|
|
|
|
noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
|
|
February 26, 2015, 07:05:44 PM |
|
Nope! that's not true! It was complex once but now every average guy knows internet and google teaches it all easily
i remember when android was released, at that time everyone uses blackberry or symbian phone. no one understand what android offer, but then ppl start using android and even bbm was ported into android, and android got better games than symbian. thats what will be needed for bitcoin to reach the masses. What bitcoin really needs is the support, adoption and knowledge of the general public to it. As the given quotes stated above, Android was once an unknown technology introduced by Google and other companies but once it reached the masses, it was quickly understood and seen widespread use all around the world. Yes! so the point here is more like that it will become more and more simple as more people start using it and real world usage, like car/house lease which always connect to internet and when ppl send btc to the printed btc adress, then the car/house will be unlocked. also other thing like phone bill, utilities (phone/water/eletricity) they all can be made payable by bitcoin. moving further maybe blockchain can be broadcasted by radio too ?
|
"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
|
|
|
BillyBobZorton
Legendary
Offline
Activity: 1204
Merit: 1028
|
|
February 26, 2015, 07:06:25 PM |
|
Nope! that's not true! It was complex once but now every average guy knows internet and google teaches it all easily
Said it all! Today with google, everything becomes easy. All hail google Not google, youtube, people tend to learn better with video tutorials than reading.
|
|
|
|
Cicero69
Newbie
Offline
Activity: 33
Merit: 0
|
|
February 26, 2015, 07:13:14 PM |
|
This is true! Many of us are kinetics learners, which basically means we learn by doing! With bitcoin we must all go through the motions of buying selling and using bitcoin to really grasp how to us it.
|
|
|
|
RedhatCAT
|
|
March 01, 2015, 05:11:31 AM |
|
Fortunately, only half of the population is average or below ... for the rest of us, there is bitcoin.
Well in order to be able to properly secure bitcoin, you will need to posses significantly above average technical skills, as well the ability to anticipate potential future attacks (if there was a 'standard' security protocol to follow then potential attackers could try to poke holes in such security protocol and steal large amounts of money from lots of people).
|
|
|
|
KimNam
|
|
March 01, 2015, 05:40:47 AM |
|
yeah bitcoin is complex for new user, especially people who didn't quite understand about internet and technology from my experience, i spent a lot time before understand how bitcoin works and it's difficult to explain that to new user. many user afraid using bitcoin for transaction if they still didn't understand it
|
|
|
|
OpenOcean
Member
Offline
Activity: 112
Merit: 10
|
|
March 01, 2015, 11:03:40 AM |
|
Computers are too complex for average people, yet here we are using them.
People will innovate ways to make user adoption easier. They will be rewarded handsomely, and one day we'll wonder how we ever existed without it.
|
|
|
|
erre
Legendary
Offline
Activity: 1680
Merit: 1205
|
|
March 01, 2015, 11:09:59 AM |
|
Bitcoins are really simple, just download the app and start receiving and sending money!
Credit cards are way more complex, with plastic cards and pos readers and shitty modules and hidden commissions and cloning and so...
|
|
|
|
Icardi09
|
|
March 01, 2015, 11:18:54 AM |
|
Bitcoins are really simple, just download the app and start receiving and sending money!
Credit cards are way more complex, with plastic cards and pos readers and shitty modules and hidden commissions and cloning and so...
agree with this one, credit card is more complex, yet many people using that for daily transaction I hope many "average person" will try to understand bitcoin and using it for daily transaction in the future
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
March 01, 2015, 02:56:15 PM |
|
It's not that difficult at all. I provided a link to a family member to download the wallet.
And everything else was so easy (setting up, sending and receiving, etc) that he didn't ask me for help.
He had everything set up and was ready to go. He bought $50 worth of Bitcoin and got it instantly in his wallet.
It is a non tech person, if he can do it, then others can as well.
|
|
|
|
erikalui
Legendary
Offline
Activity: 2632
Merit: 1094
|
|
March 01, 2015, 04:30:24 PM |
|
It's definitely complex to understand for a common man as it is more like a virtual currency. For me, I took about 2-3 months to really find the use of bitcoins and now I have a lot more to learn about it.
|
|
|
|
Denerivery
Newbie
Offline
Activity: 2
Merit: 0
|
|
March 01, 2015, 04:54:19 PM |
|
Bitcoin isn't too complex. The only thing you absolutely need to know to use Bitcoin is how to copy + paste and address, click on a bitcoin URI or scan a barcode. Most wallets now have a wizard that guides the user through creating the wallet password protecting it and backing it up.
|
|
|
|
james1408
Newbie
Offline
Activity: 19
Merit: 0
|
|
March 01, 2015, 06:29:16 PM |
|
Yes, I have feeling this.
It's not much easy for new users. I think it will take me a very long time to learn about BitCoin
|
|
|
|
LordSonjai
|
|
March 01, 2015, 06:30:36 PM |
|
you have to adapt,times are changing.
|
|
|
|
kilminukas
Member
Offline
Activity: 84
Merit: 10
|
|
March 01, 2015, 06:38:24 PM |
|
Bitcoin is too complex for the average person What? average person does not need to know anything about it besides that he can pay with it
|
|
|
|
|