Post
Topic
Board Bitcoin Discussion
Re: Why is Bitcoin difficult to understand?
by
simaislam
on 23/06/2018, 14:06:20 UTC
I think,We should encourage people to understands things a little better.  Part of the reason the traditional financial system is such a mess is because the average Joe Public doesn't know how it really works.  Some people genuinely still believe banks lend out from existing deposits, for example.  Almost everyone has heard of the phrase "fractional reserve", but I doubt more than 50% of people could explain it correctly.  But anyone who really wants to understand Bitcoin will inevitably find their way here to these boards.