What's stopping people from using bitcoin?

[umaOuma]

I think that I will stop using bitcoin maybe if in my real life i have much enough of money ..  but for now i will stay using bitcoin  

Once you start using bitcoins you can never stop yourself from using bitcoins, I believe holding and earning bitcoins is something like addiction where you want more and more bitcoins in your digital wallet and I bet when people starts using bitcoins they will never quit.

[cjmoles]

What's stopping people from using bitcoin are all the scam artists who are attracted to the technology.  People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!

[BlackPanda]

I think that I will stop using bitcoin maybe if in my real life i have much enough of money ..  but for now i will stay using bitcoin  

Once you start using bitcoins you can never stop yourself from using bitcoins, I believe holding and earning bitcoins is something like addiction where you want more and more bitcoins in your digital wallet and I bet when people starts using bitcoins they will never quit.

yes i totally agree. when I know bitcoin my life began to improve. I helped financial side, bitcoin give me kindness and serenity.

[Amph]

trust , bitcoin cant be reverse .

i thought that the fact that there is no chargeback is a plus, since many hate paypal for that

so that ca not be really a valid reason, trust only appear for the price, for the instability, which i may find a it like a valid concern, if people keep thinking about the value as the last one achieved, instead of thinking that the average increase matter more

[Steve_Tou]

Kinda troublesome or a turn off for some to buy bitcoin, as you need to get your id verified.
Not many place or even online accept bitcoin payment.
There are better payment methods or we are comfortable to use it.
(credit cards. Paypal/Debit cards etc)

The price of bitcoin can be a heart attack for some, it goes from 1k + to 200+ back then, and
recently bounced to 400+ usd average a btc.

Lastly, in my country if they report anything about bitcoin in news... it's something bad -_-''
(Like Mt gox, or people use bitcoin for drugs, weapons etc due to anonymity)

The power of media can be very powerful, with bad news about BTC, they will think twice
to use it or even use REAL money to buy it.

[Sourgummies]

What's stopping people from using bitcoin are all the scam artists who are attracted to the technology.  People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!

Yeah. The reputation of Bitcoin does take a hit from how it's known to be used in dark web purchases and ponzis. The Mt. Gox incident also ruptured the reputation ob bitcoins. I guess people think that it's unsound to have the same currency as criminals, or they don't understand how it works and don't have enough faith to check it out.

[mtnsaa]

Kinda troublesome or a turn off for some to buy bitcoin, as you need to get your id verified.
Not many place or even online accept bitcoin payment.
There are better payment methods or we are comfortable to use it.
(credit cards. Paypal/Debit cards etc)

The price of bitcoin can be a heart attack for some, it goes from 1k + to 200+ back then, and
recently bounced to 400+ usd average a btc.

Lastly, in my country if they report anything about bitcoin in news... it's something bad -_-''
(Like Mt gox, or people use bitcoin for drugs, weapons etc due to anonymity)

The power of media can be very powerful, with bad news about BTC, they will think twice
to use it or even use REAL money to buy it.

Well said, plus don't forget that for common people handling decimals, authorization keys, wallets, addresses as long as line of code and many other "easy to use" features are completely out of their league. We may be comfortable with them because we are a bunch of nerds but Bitcoin has a long way before it's being considered as a hassle free method compared to Paypal, CCs, etc.

[mtnsaa]

What's stopping people from using bitcoin are all the scam artists who are attracted to the technology.  People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!

Yeah. The reputation of Bitcoin does take a hit from how it's known to be used in dark web purchases and ponzis. The Mt. Gox incident also ruptured the reputation ob bitcoins. I guess people think that it's unsound to have the same currency as criminals, or they don't understand how it works and don't have enough faith to check it out.

It just too complicated and full of dangers for common people to get into it. And what will they actually accomplish? They can't use it anywhere, it's a hassle to even get a hold of, mostly if you are not in the States. What's the point? Bitcoin is an amazing innovative technology, no doubt about it, but it may take decades to evolve, just like the Internet was in the 90s.

[Sourgummies]

What's stopping people from using bitcoin are all the scam artists who are attracted to the technology.  People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!

Yeah. The reputation of Bitcoin does take a hit from how it's known to be used in dark web purchases and ponzis. The Mt. Gox incident also ruptured the reputation ob bitcoins. I guess people think that it's unsound to have the same currency as criminals, or they don't understand how it works and don't have enough faith to check it out.

It just too complicated and full of dangers for common people to get into it. And what will they actually accomplish? They can't use it anywhere, it's a hassle to even get a hold of, mostly if you are not in the States. What's the point? Bitcoin is an amazing innovative technology, no doubt about it, but it may take decades to evolve, just like the Internet was in the 90s.

Exactly! But, us early adopters can be rewarded for getting into Bitcoin this early, if it really does take off in the future like the Internet. For sure, one thing that came out of bitcoin is no doubt going to be used in the future: the blockchain concept.

Hopefully the fun with Bitcoin will last for a long time.

[BirtRenaldsFan]

The reputation.

[RBF]

In my country, most of the people don't know how to use an internet banking safely...imagine using bitcoin, that is way more complex to keep a safe wallet.

[cjmoles]

What's stopping people from using bitcoin are all the scam artists who are attracted to the technology.  People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!

Yeah. The reputation of Bitcoin does take a hit from how it's known to be used in dark web purchases and ponzis. The Mt. Gox incident also ruptured the reputation ob bitcoins. I guess people think that it's unsound to have the same currency as criminals, or they don't understand how it works and don't have enough faith to check it out.

It just too complicated and full of dangers for common people to get into it. And what will they actually accomplish? They can't use it anywhere, it's a hassle to even get a hold of, mostly if you are not in the States. What's the point? Bitcoin is an amazing innovative technology, no doubt about it, but it may take decades to evolve, just like the Internet was in the 90s.

Exactly! But, us early adopters can be rewarded for getting into Bitcoin this early, if it really does take off in the future like the Internet. For sure, one thing that came out of bitcoin is no doubt going to be used in the future: the blockchain concept.

Hopefully the fun with Bitcoin will last for a long time.

Yes, the technology behind Bitcoin will evolve and all the complications will be simplified.  It is discussions like these that help push along its evolution.  No doubt the technology is here to stay, and for those of us who appreciate, enjoy, and utilize its functionality, versatility, and innovation there are fun and interesting times ahead of us!

[lahm-44]

bitcoin still not reached everywhere in the world .and some peoples who use it but still dont use it are because they think it has a lot of risk and i thonk they are also thinking right bitcoin is very violent when ever i saw it but i dont care about the price mostly i am here to understand the whole technology so price dont effect me but maximum peoples are here due to the bitcoin price they want just to grow their money without any risk bitcoin is profitable if used well but also have most scamming and hacking risk lets be honest dont you guys also have some doughts in your mind too but you have spended so many years in using bitcoin

[target]

What's stopping people from using bitcoin are all the scam artists who are attracted to the technology.  People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!

Yeah. The reputation of Bitcoin does take a hit from how it's known to be used in dark web purchases and ponzis. The Mt. Gox incident also ruptured the reputation ob bitcoins. I guess people think that it's unsound to have the same currency as criminals, or they don't understand how it works and don't have enough faith to check it out.

It just too complicated and full of dangers for common people to get into it. And what will they actually accomplish? They can't use it anywhere, it's a hassle to even get a hold of, mostly if you are not in the States. What's the point? Bitcoin is an amazing innovative technology, no doubt about it, but it may take decades to evolve, just like the Internet was in the 90s.

well that is our advantage as we can be considered early adopters. eventually bitcoins will be known and people will use this its inevitable so long as the community uses btc

[kyrios_]

Kinda troublesome or a turn off for some to buy bitcoin, as you need to get your id verified.
Not many place or even online accept bitcoin payment.
There are better payment methods or we are comfortable to use it.
(credit cards. Paypal/Debit cards etc)

The price of bitcoin can be a heart attack for some, it goes from 1k + to 200+ back then, and
recently bounced to 400+ usd average a btc.

Lastly, in my country if they report anything about bitcoin in news... it's something bad -_-''
(Like Mt gox, or people use bitcoin for drugs, weapons etc due to anonymity)

The power of media can be very powerful, with bad news about BTC, they will think twice
to use it or even use REAL money to buy it.

Well said, plus don't forget that for common people handling decimals, authorization keys, wallets, addresses as long as line of code and many other "easy to use" features are completely out of their league. We may be comfortable with them because we are a bunch of nerds but Bitcoin has a long way before it's being considered as a hassle free method compared to Paypal, CCs, etc.

I would say that is the biggest problem. For the majority who are new this whole tech thing. Bitcoin usage is beyond them. Using it is tricky enough, understanding it is another level. Without understanding, there is little trust.

[owm123]

Complexity of using bitcoin is a problem.

Its easier to use cash and credit cards for everyday shopping, and I doubt it will change. Cash can always be used without internet, bitcoin not. Credit cards and paypal confirmations are instant, whereas for bitcoin it is about 10 min, but usually more.

Also people get their salaries with fiat or directly to their bank. No need to get to excahnges, pay exchange fees, etc.

Finally if people use credit card or payal, you can charge back on mistakes. If chargebacks were possible in bitcoin, for example, situations like this could be avoided:
https://www.reddit.com/r/Bitcoin/comments/3yklrd/accidentally_sent_btc_to_bitmixer_donation/

[jethrorn99]

Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.

in short, a lot of people didn't understand.

[delliaerd]

Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.

in short, a lot of people didn't understand.

Bitcoin Only virtual currency not mean never there. And then about bitcoin didn't understood by them , but if  they  want to effort more. They will be understand about 6

[MaritiJames3]

Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.

in short, a lot of people didn't understand.

True, the lack of good guides/tutorials is bad, and people protecting their money/wallet is too much to ask.
By default the encrypt your wallet with a password would be good.

[chokesir]

Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.

in short, a lot of people didn't understand.

True, the lack of good guides/tutorials is bad, and people protecting their money/wallet is too much to ask.
By default the encrypt your wallet with a password would be good.

I do think we need some proper information on how to use bitcoin safely.
With advanced wallet stealers software people should be able to use bitcoin how it is meant to be.