Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is unfair to the non tech-savvy
by
Light
on 13/07/2014, 12:10:22 UTC
Yesterday I met a couple of my old classmates on the street. They asked about Bitcoin and started to whine that most people don't understand the mathematical fundamentals behind Bitcoin and therefore had no realistic chance to invest when it was cheap. Of course, I encouraged them to invest now (better late than never) but seems that people generally rather enjoy wallowing in their own self-pity than take steps to adapt and overcome.

That's just really garbage whinging talk. You don't need to bloody well understand the mathematical principle behind Bitcoin - a simple (but really rather complicated) overview is enough. It's probably a bit arrogant of me to say so, but I believe I have a reasonably good grasp of the core ideas behind Bitcoin without having to completely understand the mathematics behind trap-door cryptographic functions and elliptic curve cryptography. Personally, I doubt anyone truly believed we'd ever get this far with Bitcoin, some hoped and dreamed and speculated (more than others) but no one truly expected it.