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RE: Here's Why Bitcoin Is Going Nowhere Fast: Financial Literacy

in #bitcoin8 years ago (edited)

Not only is this stolen, it's also a shit article

A new study released today determined nearly two-thirds of Americans would fail a basic financial literacy test. They got less than four answers on a five-question quiz correct. How many people who could pass the test has declined since the financial crisis. Last year, just 37% could pass. So, good luck explaining to them SHA-256 and mining.

Why would they need to know mining or SHA-256? Apps like Arba completely disguise the fact that you are using crypto. You don't need to understand SHA-256 and mining to hear about bitcoin become a legitimate asset and want to put some of it in your portfolio. It's also the most secure and you only need to look back yesterday to remember why that's important.

And guess what Steem is far more complex than bitcoin. I understand the technicals of bitcoin and I still don't understand how Steem works. But here I am still using it

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