Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Bitcoin Discussion
Re: Again, Bitcoin described as a Bubble.
by
prehisto
on 23/05/2018, 20:54:03 UTC
Quote from: BitProNews on May 23, 2018, 05:33:08 PM

Quote
Practically no one, outside of computer science departments, can explain how cryptocurrencies work, and that mystery creates an aura of exclusivity, gives the new money glamour, and fills devotees with revolutionary zeal, […] None of this is new, and, as with past monetary innovations, a seemingly compelling story may not be enough.
Link to full article: https://www.project-syndicate.org/commentary/cryptocurrencies-scientific-narrative-by-robert-j--shiller-2018-05


I think that this is irrelevant.
It is fairly simple to explain the principle of block chain to new people and how does it work.

Off course the inter workings is not so simple but does one need and does know how SWIFT system works in order to make bank transfer or use other FIAT service.