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RE: why do people not understand cryptocurrency like bitcoin ? ? ?
I read an article today that said "last year was the year of ignoring it, this year will be the year of debating it, next year will be the year of accepting it." I think that oversimplifies things a bit but the gist of that statement is accurate. When something new comes along, there are stages as it goes from early adopters to mainstream to a point when even the laggards (people who would be using rotary phones if they still sold them) get onboard. In the meantime there will be turmoil.
the year is 2018, i myself am well over 50 years old ( or young ) and many of my older siblings do not use computers nor email nor social media. simply they have never seemed to add this techno-krud into their lives.
so it will not be any time soon for crypto gaining acceptance LoL :)
today i think most are into cryptocurrency for one of three basic reasons :
technojunkies ,
decentralization zealots ,
get rich quick dreamers ...
but i did like your post as you said " i think tat is oversimplying things a bit ", the reason i liked that comment was the huge advances in technology research that spawns from events each new little discovery surrounding cryptocurrency.
what you tell people as cutting edge in crypto research takes a long time to explain and prove and validate to their understanding. then 9 weeks later something new a revolutionary throws confusion with new research.
thus anything people thought they understood about digital money gets convoluted and perverted by scammers and investors alike for Hype and FuD ...
welcome to the decade of crypto turmoil ! ! !
/ Hugz ;)