Tstar
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Decentralized Asset Management Platform
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November 20, 2015, 09:02:49 AM |
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The link BTC/Terrorism/Drug and so on is one the biggest problem BTC community/ecosystem has right now. If there's so much noise from the mainstream media and people think of BTC in these terms there's no way we will ever reach the average Joe
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faridkifly
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November 20, 2015, 04:15:48 PM |
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Most people around me don't even know about btc, and for those who ever heard about it either they don't get the point of using it or they are not confident enough in using technology.
yeah here too. many people do not want to use digital currency like bitcoin, they prefer to use real money because they are lazy to understand the digital currency
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amacar2
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November 20, 2015, 04:36:12 PM |
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People fear to try new things and also without knowing all about how bitcoin works people don't like to convert their fiat into bitcoin, which one is quite complex.
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knowhow
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November 20, 2015, 08:06:10 PM |
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One big wall is even when you invest some fiat into bitcoin or you earn bitcoins with your work and time,who to sell and is it safe,i had sold some coins itno a person and the money went into my bank account without problems ,but i dont believe there are around more then 10 people buying and honest people doing this,i know there are services but the fees are bigger then to buy or sell direct to the person.
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gogxmagog
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Ad maiora!
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November 21, 2015, 12:19:15 AM |
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in most cases the only way to pay for something using btc is by going through a 3rd party. this kind of defeats the basic purpose of btc. besides btc is too expensive and hard to get, and most holders are holding out of speculation. you would have to be rolling in btc to even think of spending it.
this will change when it is common to do all types of transactions in btc and they are done directly i.e. i get paid directly in btc from my bosses wallet to mine, and i can pay all my bills directly.
3rd party processors do more harm than good to the btc ecosystem. i really wish people would get that through their heads.
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Bluffer
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November 21, 2015, 12:20:48 AM |
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It's very easy to lose if it were to drop randomly. You can't chargeback if you get scammed. (At least to my knowledge you can not.)
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tokeweed
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Life, Love and Laughter...
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November 21, 2015, 01:48:32 AM |
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So after reading this article and especially the ending: One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands. I'm wondering what's stopping people from using bitcoin? And now I'm talking about people who already aware of bitcoin and how it works but still not using it. The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy? Access. For most people, it seems hard to get a few thousand sats and easier to use their credt card to buy coffee.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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neochiny
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November 21, 2015, 01:54:14 AM |
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The link BTC/Terrorism/Drug and so on is one the biggest problem BTC community/ecosystem has right now. If there's so much noise from the mainstream media and people think of BTC in these terms there's no way we will ever reach the average Joe
yeah think this is one of the problem btc has right now people dot know what btc is and now hearing it that it has been used for terrorism giving btc a bad impact to the people who already has doubt about it.
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mtnsaa
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November 21, 2015, 01:58:25 AM |
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I think there are several things keeping people from using it.
#1-It isn't easy Despite what many people think Bitcoin is not easy. Imagine explaining Bitcoin to someone who didn't know anything about technology. Come back in a couple years after you are done explaining it to them please.
#2-People don't trust it Some guy invented his own currency and we are just supposed to say, yeah definitely this is awesome. People don't adapt to change like that and are brought up to question everything
#3-People think it isn't safe People think they will lose their identity if they use Bitcoin, or will lose all their coins by getting hacked or something like that.
Agree 100%. The first point is actually the most important, no common person (an imagine an average woman...) can manage wallets address and decimals. Of course, nerds will call others noobs and stupid because it's so simple to them but it's atrocious really. It's also very prone to errors or mistake by the user. Even tech savvy people had lost plenty of BTC over the years. Bitcoin is a wonderful new tech and revolutionary idea but I don't see getting any media attention because it's just too obscure for common people to get familiar with and use on a daily basis.
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katana
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November 21, 2015, 05:05:07 AM |
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A few points to make: 1. fail to understand the concept of digital currency, how does it have value? It is just like the digital things, like text, video, music saved on our hard drive. 2. cannot accept the volatile price. 2. difficulty to use it. lacking of sufficient knowledge to keep bitcoin secure.
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RKing
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November 23, 2015, 04:37:36 PM |
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Bitcoin is still novel. Most people do not hear about it. They will not use it. It will take several decades to be used widely.
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Amph
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November 23, 2015, 07:25:17 PM |
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Access. For most people, it seems hard to get a few thousand sats and easier to use their credt card to buy coffee.
another thing to think about is that when bitcoin will be more accessible to buy because more adopted, the actual value of it, will still put a big obstacle to acquire many bitcoin and then use it, so is not even an adoption problem is just about being lazy for many
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USB-S
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In XEM we trust
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November 23, 2015, 07:27:40 PM |
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Access. For most people, it seems hard to get a few thousand sats and easier to use their credt card to buy coffee.
another thing to think about is that when bitcoin will be more accessible to buy because more adopted, the actual value of it, will still put a big obstacle to acquire many bitcoin and then use it, so is not even an adoption problem is just about being lazy for many You really can't call that lazy, since people aren't really educated enough on this subject. Now how do you educate one who does not want to be educated?
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Amph
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November 23, 2015, 07:31:43 PM |
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Access. For most people, it seems hard to get a few thousand sats and easier to use their credt card to buy coffee.
another thing to think about is that when bitcoin will be more accessible to buy because more adopted, the actual value of it, will still put a big obstacle to acquire many bitcoin and then use it, so is not even an adoption problem is just about being lazy for many You really can't call that lazy, since people aren't really educated enough on this subject. Now how do you educate one who does not want to be educated? by forcing it at somepoint, the system will force those people to change, like it happened for many other thing in the past for example look at the natural step of each tech, for Windows xp user were forced to buy s7 in the end(there are still few of them but they are the minority) the same can be said for those that were still avoiding email when they realized that was much more convenient they forced themselves or they admitted they were wrong and started to use the new tech, with bitcoin the same thing will happen
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Giggs
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November 23, 2015, 07:41:57 PM |
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Access. For most people, it seems hard to get a few thousand sats and easier to use their credt card to buy coffee.
another thing to think about is that when bitcoin will be more accessible to buy because more adopted, the actual value of it, will still put a big obstacle to acquire many bitcoin and then use it, so is not even an adoption problem is just about being lazy for many You really can't call that lazy, since people aren't really educated enough on this subject. Now how do you educate one who does not want to be educated? You can't. If they don't want to learn about something they wont, but for the most part the majority of people don't really have much use for bitcoin either now or in the future. I think the only way they might get interested is if it can be spent many places worldwide then people might have some instead of buying euros or dollars when they go traveling etc or if the price continues to rise. If the money naturally earns interest then that would be a big selling point but if it's fluctuating or falling it isn't very good for bitcoin as a currency.
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vendetahome
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November 23, 2015, 07:43:13 PM |
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i think the main reason that stops people from using bitcoins might be the fact that its anonymous or that its price might fluctuate a lot also the transaction confirmation times might take really long to happen
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avw1982
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November 23, 2015, 07:54:16 PM |
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i think the main reason that stops people from using bitcoins might be the fact that its anonymous or that its price might fluctuate a lot also the transaction confirmation times might take really long to happen
We may have some problems like that still some world biggest brands like Dell, amazon, paypal and some others already started to accepting Bitcoin, due to its anonymous and banks intervention and they are giving problems for Bitcoin to stuck up down and awareness of bitcoin also has to raise through globally
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quadriple7
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November 23, 2015, 08:09:36 PM |
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well i get stopped from using btc because of a reason that not a lot of companies accept it as a payment
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ShrykeZ
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November 23, 2015, 08:15:05 PM |
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Even though more and more e-commerce sites are accepting it, there is still a large portion that do not or if there is an alternative ends up costing a premium.
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Mickeyb
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November 23, 2015, 10:17:37 PM |
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I think that people still don't realize what kind of a big change this Bitcoin technology really is for all of the people out there and the whole world. Even us on this forum are not realizing this. And then we tend to rush and ask these kind of questions.
Everyone should here last few interviews of Andreas Antonopoulos on YouTube. He is talking exactly about this how we are not even aware how big of the revolution Bitcoin really is and how much time it takes for this to take off!
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