What's stopping people from using bitcoin?

[danherbias07]

Whats stopping them Why fear of course 
People are afraid of things they don't understand. And unless you do some research and actually hold some bits you won't know what it is about, this is to the ones who never put much serious thought into using it before.

I guess those bad experiences and bad stories are what stopping them. Bitcoin was really high when it started and it really fell from like 800+ dollars to now.

The media is doing a good job into keeping people away too. I was talking to some friends today that work as investors in some trust funds and they were interested on Bitcoin but scared because it was often mentioned in stuff related to drugs and extortion (ramsomware). They want to keep people away just like they did with the internet in the early days.

I dont really believe much in television. It is always like fiction. It might really be the work of government so that everything could be controlled by them. They dont want anyone to be free from the cages of them through money.

[CoinNation]

According to media reports, bitcoin is used in ransom payment. There is not much report of bitcoin legal usage in online purchase.

[Blue_Tiger73]

That question doesn't just have one answer. People have their own reasons for not wanting to use bitcoin. I think one of the reasons is that people are just too lazy, they don't want to put in the work to earn and buy bitcoin. They don't want to invest because it's too risky. People just have their own opinions on things, you can't force them to do anything.

[jokerboy]

If we can use bitcoin in real life, most of people will use it. For example, when I buy t-shirt or something else I may also pay with Bitcoin.

[Sir_lagsalot]

People in the bitcoin community have no hate against bitcoin.

It's those people who are tree-huggers. They looove their paper

[ranochigo]

What i guess isnt the question,but who is stoppling trying to block bitcoin.Companies like paypal,visa and mastercard has a lot to loose if bitcoin gets everywhere,they will loose their costumers very fast,a huge part of them not all,as the oldest may not dropp them.Soo they are in a buble trying to keep and make bitcoin unknow to the most,but well the buble is getting bigger,soo the way to fight is attack saying its is a good thing to black market and many others things,rumors to make bitcoin not grow.

Why cannot visa or paypal integrate bitcoin into their payment system? Bitcoin is just another kind of money. It can be used cheaply by the credit companies.

To be honest, no one would want this to happen. There are actually services which allows offchain payments and it would let a third party to gain control over your coins. It would defeat the purpose of Bitcoin which is to provide anonymity and not let a third party to control your coins. They are designed to allow customers to chargeback if needed and Bitcoin by nature doesn't allow that.

[n2004al]

The first reason which make the people to not use bitcoin is because they don't know it. Is yet very little the percentage of the people who know it. Second, they who know it and don't use it make this because they believe that the price of bitcoin will go high or very high in the future. So don't worth to use it for small or everyday needs for the everyday life. Me myself thinks like the lasts. I see the use of bitcoin to buy irrelevant things (or even relevant ones) in internet with bitcoin as a waste of it. I have other money to use in such kind of occasions: why use bitcoin?

[Amph]

actually it's pretty simple if you think about it, they need to buy it first, they cannot acquire it directly, if wages had been payed directly in bitcoin, i'm sure right now adoption would have been in course already

right now people need to do a logest way to use bitcoin instead of fiat, because of one more step, buying bitcoin...

[omahapoker]

The first reason which make the people to not use bitcoin is because they don't know it. Is yet very little the percentage of the people who know it. Second, they who know it and don't use it make this because they believe that the price of bitcoin will go high or very high in the future. So don't worth to use it for small or everyday needs for the everyday life. Me myself thinks like the lasts. I see the use of bitcoin to buy irrelevant things (or even relevant ones) in internet with bitcoin as a waste of it. I have other money to use in such kind of occasions: why use bitcoin?

But you forgot the third reason, people who know it, but have a hard time acquiring it... "why exchange bitcoin, when I can pay with paypal"

[jt byte]

Maybe they want to use bitcoin but to get/earn it is hard.
For example buying in exchange they require lots of personal information and lots of verifications.
And i think that they are a bit afraid to submit government documents through these websites.

[Mickeyb]

actually it's pretty simple if you think about it, they need to buy it first, they annot acquire it directly, if wages had been payed directly in bitcoin, i'm sure right now adoption would have been in course already

right now people need to do a logest way to use bitcoin instead of fiat, because of one more step, buying bitcoin...

Yes, but nobody will start doing such a huge step as paying wages in bitcoins until Bitcoin doesn't earn much more trust and it doesn't get adopted much more by the people all over the world.

So this is actually quite dependable process. We need to tackle first successful buying in order to grow our adoption so that one day people start paying or just giving an option to pay wages in bitcoins.

[Pierre 2]

True lack of trust stops people from using bitcoin.
There are tons of news about hacks, illegal usage of bitcoin so it affects people.

[teddy5145]

The only thing that can stop people to use Bitcoin is when Bitcoin is officially blocked by the government
Like Russia that proposed a jail sentence for people who using Bitcoin
But then again, people will always trade their bitcoins on the underground network like TORs whether Bitcoin is banned or not

[eli113]

i can see the subject of this thread is a question about what is stopping people from using bitcoin ...
my answer is NOTHING at all ,but the whole thread arises a question in my mind at same time :

why someone may use a diferent curency for ?
i recall in my country Greece around 80's when someone had a medical problem or urgent need to spend money abroad ,
there was a need to find US$ or some other hard currency instead of Drachmas ,so even black-market was alive for that NEED

conclusion > the real question is : what kind of goods,services or whatever we NEED and if something of all that is offered
for bitcoins then its positive to say : " I NEED TO BUY BITCOINS "

offering unique goods or services only for bitcoins can be the way to make Bitcoin better.

[steveds]

actually it's pretty simple if you think about it, they need to buy it first, they annot acquire it directly, if wages had been payed directly in bitcoin, i'm sure right now adoption would have been in course already

right now people need to do a logest way to use bitcoin instead of fiat, because of one more step, buying bitcoin...

Yes, but nobody will start doing such a huge step as paying wages in bitcoins until Bitcoin doesn't earn much more trust and it doesn't get adopted much more by the people all over the world.

So this is actually quite dependable process. We need to tackle first successful buying in order to grow our adoption so that one day people start paying or just giving an option to pay wages in bitcoins.

The problem is not paying but accepting it,Think of it like you are getting paid in bitcoins and at the beginning of the month the price was around 500 $ and increasing but a couple of days prior to your paycheck suddenly out of some unknown reason the price goes down to 340 ~ ,can you accept that ?
It's highly variable and no one is likely to accept it as their pay.

[ranochigo]

Maybe they want to use bitcoin but to get/earn it is hard.
For example buying in exchange they require lots of personal information and lots of verifications.
And i think that they are a bit afraid to submit government documents through these websites.

For my country, the exchange only require the back and front of my identity card. It differs from country to country though. If you use an ATM, the process will be much more straightforward and fast. Identity theft is a problem hence, the exchanges need to build trust or have a exchange with excellent security.

[jt byte]

Maybe they want to use bitcoin but to get/earn it is hard.
For example buying in exchange they require lots of personal information and lots of verifications.
And i think that they are a bit afraid to submit government documents through these websites.

For my country, the exchange only require the back and front of my identity card. It differs from country to country though. If you use an ATM, the process will be much more straightforward and fast. Identity theft is a problem hence, the exchanges need to build trust or have a exchange with excellent security.

The security is never 100% because every day hackers hack something somewhere.
Well i have seen bitcoin ATM only in youtube and never in my country.
Do they require identity verification like most of online exchages.

[omahapoker]

The security is never 100% because every day hackers hack something somewhere.
Well i have seen bitcoin ATM only in youtube and never in my country.
Do they require identity verification like most of online exchages.

I can only speak for the ATM @ Toronto, and that didn't require any ID verification.

My guess is that most of them exchange without ID-Check.

[Luqman]

When people didn't interesting with bitcoin anymore 

[jt byte]

The security is never 100% because every day hackers hack something somewhere.
Well i have seen bitcoin ATM only in youtube and never in my country.
Do they require identity verification like most of online exchages.

I can only speak for the ATM @ Toronto, and that didn't require any ID verification.

My guess is that most of them exchange without ID-Check.

Well good at least that you have one near you
I understand the point but at least they a camera there.
So if they want to check something they have the "real ID" in front of them in 3D