I'm a 59 year old, computer illiterate, father of five.
One of my son's recently came to me wanting to teach me all about crypto currencies. When I asked him what backed it, he told me, "data"! whuhuuu??? I said, "data"??? He said, "what backs the U.S. dollar"? I replied that it was supposed to be gold, but the rumor is that there is none. He then said, "so that means the federal governments word backs it"?
Enough said, I'll be more comfortable relying on ,"data", than the word of the U.S. government!
I've never been so frustrated trying to learn something this confusing...as a matter of fact, I've never tried to learn something this confusing! I'm praying for light at the end of the tunnel.....
Is it really that confusing or am I just really that stupid. I don't know what people that don't have a 12 year old at home do when their computer or phone malfunctions!
I don't think there's any question that crypto currency is the place to be and ultimately where we're headed but someone needs to make this stuff a little easier for us older guys.
SOS
Wow thank you at @phoenixmaid, awesome! Much appreciated
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You're welcome...this stuff is a mind scramble!
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you're not stupid it take a while to wrap your head around it all it helps if you think of crypto like bitcoin and steem as a commodity (like gold or silver ) rather than as money. Have a look through articles in the #steem-help section. focus on writing commenting and upvoting for now the rest will sink in slowly over time.
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I'm still waiting for my sinking in :D
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it took me a couple of weeks to be honest and i had read bits on crypto before. I'll be happy to help if you have any questions. you can find me on steemit chat (same user name). to get there just click on the three lines at the top right of the page and choose chat from the drop down menu.
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Thank you :D
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me again i just saw this post and thought of you hope it helps. https://steemit.com/steemit/@ash/steemit-how-to-s-the-list-cw-32
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