Is bitcoin difficult to understand?

[sashavich04]

Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.

[AbdulShiek]

Crypto trading isn't easy to comprehend. Many people struggle to understand how the technical and fundamental analysis works. Consistent practice and trading help people learn over time.

[Alexthedefender04]

I suppose most people don't really need to know in-depth technical aspects of Bitcoin as I assume knowing its basics might suffice for anyone who wants to try it.

There is a ton of Youtube videos and reference materials that can be found on the net including information from this forum. If anyone is really interested to learn about it then I also think they might find it interesting as long as they have enthusiasm.

[Mr. Cid]

The cryptoworld is very difficult to comprehend due to its technicalities.

[darexgeorgieviya04]

There are already decent books like Andreas Antonopoulos' The Internet of Money. Though I still think YouTube and internet research is the way to go as it's safe to assume that the majority prefer using the internet over reading physical books.

Also, the difficulty of understanding Bitcoin and cryptocurrencies completely depends on what aspect(technical, economical, etc) a certain person is actually trying to understand.

Lastly, let's not forget that the concept of having a decentralized non-custodial currency is really really new, hence don't expect people to grasp the concept easily. In the first place, it's safe to assume that most people don't even understand how money in general works, what more a quite-new invention like Bitcoin.

[Newbie_trader]

There are already decent books like Andreas Antonopoulos' The Internet of Money. Though I still think YouTube and internet research is the way to go as it's safe to assume that the majority prefer using the internet over reading physical books.

Also, the difficulty of understanding Bitcoin and cryptocurrencies completely depends on what aspect(technical, economical, etc) a certain person is actually trying to understand.

Lastly, let's not forget that the concept of having a decentralized non-custodial currency is really really new, hence don't expect people to grasp the concept easily. In the first place, it's safe to assume that most people don't even understand how money in general works, what more a quite-new invention like Bitcoin.

I don't think there's a printed book about crypto currencies. The only thing we can comprehend about Bitcoin is through the demo trading account.

[PALM]

They find it difficult to understand because of the bad reputation that the mainstream media shows about bitcoin. When there are scams and hacks, they think that it's all bitcoin's fault which they think that it has its own understanding and thought to move alone.

The mainstream media never made it clear that bitcoin is the same as any other online payment method which can be used for both good and bad purposes.

[AbdulShiek]

They find it difficult to understand because of the bad reputation that the mainstream media shows about bitcoin. When there are scams and hacks, they think that it's all bitcoin's fault which they think that it has its own understanding and thought to move alone.

The mainstream media never made it clear that bitcoin is the same as any other online payment method which can be used for both good and bad purposes.

The reputation of Bitcoin has been cleared by some positive feedback made by investors.People don't easily understand how crypto works because the trading features are too complicated.

[Trader_Rob]

Bitcoin is complex. Its main idea is fairly easy to understand but if you go deeper, some things might get a little confusing. It took me awhile before fully understanding cryptocurrency.