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RE: A bit late to the party - Trying to understand blockchain technology and cryptocurrencies.

in #bitcoin8 years ago

You spent "spent 5 hours reading on it" ..................

LOL

When I found out about bitcoin back i n 2011, I spent 12 to 14 hours a day, 7 days a week for months, searching for and reading everything I could find about it.

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grin. I know exactly what you mean. I wanted to know every single detail I could. It took me months of reading everything I could. Followed bitcointalk discussions forever. Even ordered books off Amazon only to find out, I knew more than the book had discussed which was the point I realized, hey, I know enough. But even today I'm still learning and upgrading what I know. It's a never ending process. :)

But to be fair @steemityourway is correct. Spending 5 hours to learn how something works before you use it isn't user friendly. Imagine your cell phone. If you had to spend 5 hours to learn how to turn it on, and make a phone call, people would dump the phone.

If you had to spend 5 hours reading to insert your bank card, type a pin, choose withdrawal, and get money out of an ATM bank machine, people wouldn't use them either.

We have still a long way to go to make this system easier to use, and easier to trust.

Bitcoin was most definitely NOT user friendly back in 2011. If you want the same kind of gains as those people who bought/mined bitcoin in 2011 or earlier, you have to perhaps look for something that is not yet user friendly but has a very good use case when/if it becomes user friendly. May I suggest that bitshares is worth looking in to in that regard? www.bitshares.org

The interesting thing, is that if you can use steemit, you could also use bitshares for trading tokens.

They both have keys, usernames, a block explorer, vests, are based on graphene as its core. You're right, bitshares is worth looking into (I already have) but would be interesting for @steemityourway to take a look. My guess is that it could be less than 5 hours to figure out how to get an account and start trading on Bitshares.

You can get a free account with my referral link here:
https://bitshares.openledger.info/?r=intelliguy-bts

(I recommend the wallet model and using the Bitshares Lite wallet which you can download to your computer)

Or since onceuponatime mentioned it first, use his referral link:
https://bitshares.openledger.info/?r=onceuponatime

Bitshares is user friendly if you have a bit knowledge of crypto or the damn central exchanges. If you start it is all still difficult and I can understand why only a select few are busy with crypto. Actually the same for normal traders... How many people in the world really do that... It's up to us to start.. A lot only talk and want to start. They say that year after year... But only a few act... You pointed me a few months to bitshares.. and for sure there is not a better one at this moment..

Oh wow! You definetly set an example buddy, that's amazing! Will definitely follow your lead😎😏💥 Thank you so much for that!👌🏻💫 I will remember you 😘💎😍