What's stopping people from using bitcoin?

[goinmerry]

Things stopping people from using bitcoin is because of the government. The decentralized policy makes most of the transaction pseudonymous, it is transparent but does not state the sender and receiver. Some of us does not believe that the bitcoin can change the way the currency works, just like the old days where no one believes in internet. Just need time for everyone to adopt it.

Actually it is a very complicated question and it is not solved by few answers, but need much survey and research. This is just my opinion..

Government factor is the one thing and the most important factor that I believe is that the price fluctuation of bitcoins is too difficult to handle. Looking at the price fluctuations people hesitate in investing or using bitcoins as they feel that they would have to suffer from losses in the near future but if the price is stable than more and more people would start using bitcoins.

Like afraid of the unknown. Afraid of the future? Yes, they want something that is constant. Bitcoin have too much movement and that is why they are afraid. People without patience cannot take that kind of experience. But for people who can wait. This will be a great profit for them.

[gripflierGO]

Things stopping people from using bitcoin is because of the government. The decentralized policy makes most of the transaction pseudonymous, it is transparent but does not state the sender and receiver. Some of us does not believe that the bitcoin can change the way the currency works, just like the old days where no one believes in internet. Just need time for everyone to adopt it.

Actually it is a very complicated question and it is not solved by few answers, but need much survey and research. This is just my opinion..

Government factor is the one thing and the most important factor that I believe is that the price fluctuation of bitcoins is too difficult to handle. Looking at the price fluctuations people hesitate in investing or using bitcoins as they feel that they would have to suffer from losses in the near future but if the price is stable than more and more people would start using bitcoins.

Like afraid of the unknown. Afraid of the future? Yes, they want something that is constant. Bitcoin have too much movement and that is why they are afraid. People without patience cannot take that kind of experience. But for people who can wait. This will be a great profit for them.

Exactly, Patience Pays.
If people will have patience they could be the super rich people in the future but the only thing is that they should be shown the positive aspects of bitcoins. Every coin has two sides positive and negative, same goes with the bitcoins but there are many positive factors attached with bitcoins it depends on the mindsets of the people how they look at it.

[bitmarket.net]

Lack of real Bitcoin infrastructure in the places where people actually spend money - i.e. supermarkets, bars, nightclubs, strip clubs, coffee shops, etc.

Amazon accepting it would be a huge thing. It will take more corporate adoption before people are comfortable with it. Too many people still hold the negative associations from the 2012 era when all people were hearing was the 'deep web' and 'Silk Road' - as well as other lovely buzzwords like 'hitmen' and 'drug dealers'.

Bitcoin needs a bit of positive PR and a few killer apps.

Is paying with bitcoin in the supermarket really what we need ?
If so, there already are debit cards you can pre-load with bitcoins.

[lite]

Lack of real Bitcoin infrastructure in the places where people actually spend money - i.e. supermarkets, bars, nightclubs, strip clubs, coffee shops, etc.

Amazon accepting it would be a huge thing. It will take more corporate adoption before people are comfortable with it. Too many people still hold the negative associations from the 2012 era when all people were hearing was the 'deep web' and 'Silk Road' - as well as other lovely buzzwords like 'hitmen' and 'drug dealers'.

Bitcoin needs a bit of positive PR and a few killer apps.

Is paying with bitcoin in the supermarket really what we need ?
If so, there already are debit cards you can pre-load with bitcoins.

Those pre-loaded debit card charge a lot of fees. all we want is them to accept bitcoin directly as a payment option.

[bitmarket.net]

Lack of real Bitcoin infrastructure in the places where people actually spend money - i.e. supermarkets, bars, nightclubs, strip clubs, coffee shops, etc.

Amazon accepting it would be a huge thing. It will take more corporate adoption before people are comfortable with it. Too many people still hold the negative associations from the 2012 era when all people were hearing was the 'deep web' and 'Silk Road' - as well as other lovely buzzwords like 'hitmen' and 'drug dealers'.

Bitcoin needs a bit of positive PR and a few killer apps.

Is paying with bitcoin in the supermarket really what we need ?
If so, there already are debit cards you can pre-load with bitcoins.

Those pre-loaded debit card charge a lot of fees. all we want is them to accept bitcoin directly as a payment option.

Would it be practical with the limit of 7 transactions per second though ?

[Light]

Is paying with bitcoin in the supermarket really what we need ?
If so, there already are debit cards you can pre-load with bitcoins.

It's paying in the supermarket with Bitcoin with ease that makes the difference. If you want to get a Bitcoin debit card, there is hassle because you need the get Bitcoins, the card, load it up and then deal with higher fees than you do with a standard credit card. In the end there's no point from a consumer perspective, it costs more and takes more time. People are generally happy to pay a little bit more for convenience - but there is no way people are going to pay more for even more effort expended on their part.

[Blawpaw]

I guess that today what is still stopping people from using Bitcoin is that they don't really understand how it works. Besides, there is still the shadow of criminality related to the digital currency and so people are still afraid of using it.

[danherbias07]

I guess that today what is still stopping people from using Bitcoin is that they don't really understand how it works. Besides, there is still the shadow of criminality related to the digital currency and so people are still afraid of using it.

Yes that dark side of bitcoin should be faded away by good examples and good things that will happen with the help of bitcoin. Bitgive is now trying to do that by helping people through the use of bitcoin and some contributions.

[Hellacopter]

I think nowadays as Bitcoin's price is up that's will encourage more people to use bitcoin more and to make their trades with bitcoins as well
and i guess the next halving will increase even more the bitcoin's price so it's not bad method to encourage more ppl to use bitcoin

[xdrpx]

Possible reasons I believe from my point of view and locality would include:

1) Possible places to spend the Bitcoins - There are almost negligible brick and mortar merchants in the place where I live that accept Bitcoins. This could be because they're not aware of it, or probably because they're afraid to risk its volatility, although Bitcoin might be quite stable these days, but at times it does tend to dump or rise the roller-coaster.

2) Ease of purchase - I honestly find it difficult to buy Bitcoins easily. I prefer paying using Debit cards, but I haven't found a single exchange where I live that supports it.

3) Tax concerns - There's not much clarity on whether it can be taxed, and probably people might fear if they're earning Bitcoins and not paying their taxes. I don't have much clarity on this either, so I'm honestly not sure. Probably if someone could explain how Bitcoin is treated in various countries whether as a commodity or currency, it'd be easier to trace if it can be taxed and to what extent.

[bieberluvr]

Convenience.  It's inconvenient to get them and there aren't many places to use them.  If BTC debit cards ever become mainstream, more people might be persuaded to buy in.  Or more BTC Atms might entice people to check it out...

[knowhow]

The big fact is countries are trying to block it ,connected to black market ,when we all know that dollars or others are on those market on the last years,and well people keep buying holding it .The volatility of it may scare people ,if it were a value fixed we would see maybe it bigger ,but where to spend ,did you got an discount paying with it?

[CoinSkipper]

The thing that's stopping most from using Bitcoin is the memory of what happened with Mt Gox. This has left the impression that BTC is a ponzi, or a scam. I've asked a few friends about this, and they all either don't know what Bitcoin is, or they say it's really sus. I've gotten a few into bitcoin, lets hope we all can, and help the bitcoin community.

[tom555]

I believe the biggest reason besides lack of knowledge is fear, people are afraid of change, plus the fact that bitcoin are not physical unlike printed or minted currency. The average individual doesn't understand how digital currency works even though their own governmental currency is basically digital. The tangible will overshadow the intangible even if it is just an illusion.

[danherbias07]

I believe the biggest reason besides lack of knowledge is fear, people are afraid of change, plus the fact that bitcoin are not physical unlike printed or minted currency. The average individual doesn't understand how digital currency works even though their own governmental currency is basically digital. The tangible will overshadow the intangible even if it is just an illusion.

Having something to hold on to is a big deal for a person now. Just like a pawnshop. It is really hard for them if it is just like a money in the air or internet. They want something and it is always a thing that can be touched or felt.

[yenxz]

i think,the main reason is lack of knowledge..

[RealBitcoin]

I already have a thread discussing this, and showing my strategic observations:

https://bitcointalk.org/index.php?topic=1171565.0

This is why bitcoin is not mainstream.

[Bud Spencer]

Its probably the lack of security and the narrow selection of where you can use it.

It will probably expand, but after some time

[DashCoinDark]

some people are afraid of the adjustment of the bitcoin

some people are not even use to using a pc in their everyday life

I guess it really just depends on the person and if they know about the bitcoin then maybe they just don't believe in investing in it

[lorylore]

it is not adjustment but bitcoin is not easy to enter and use it. first the ways to use btc is very limited. 2ndly, u need to research a lot a lot just how to save proof ur wallet etc. 3rd, spending/checking/getting/signing is all so new so you need to read a lot to make sure things r going right for u.

with so many things u need to do, why not just pay with ur cash in a local store. that is why people r reluctant to come in.