This
Above average intelligence in Bitcoinland? Hummmm, I don't know. How many people here have fallen for scams like Pirateat40 pulled even with other people screaming at them "it's a scam you fucking idiot"?
I don't think you need above average intelligence at all but basic computer aptitude helps. Understanding basic coding concepts helps even more. I've met some coders that were one step below Rainman on the IQ scale but they were good with computers just like Rainman could count cards. LOL
Took the words right out of my post.
But actually, this "holier than thou" approach to understanding btc is pointless and masterbatory. There's no point in doing it other than making yourself feel good. Most people don't understand bitcoin not because "their IQ isn't high enough" (which is an outdated and arbitrary way of testing someone's intelligence as it does not take into consideration a number of variables...but I digress) but because they simply do not care enough to take the time to learn it. Yes some of the coding principles are complex for your average kindle user, but you don't have to understand how advanced cryptography works to understand the foundations of bitcoin. It's like saying you need to understand how the paper that the dollar is printed on is made in order to understand paper money.