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Author Topic: What's stopping people from using bitcoin?  (Read 202106 times)
EdenHazard
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March 06, 2016, 11:24:39 AM
 #1021

People are still used to using physical money (fiat) than digital money.

There's still a lot of people that having a hard time using computer,if they cant use a computer, how will they use bitcoin?

With fiat, you could just give the money and boom, transaction done.
You think people will never learn about technology such as using computer or their smartphone to send / receive money?
This is 2016 and technology growing very rapidly , as did users. That matter will not stopping people from using bitcoin.

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DeDordtenaar
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March 06, 2016, 11:59:02 AM
 #1022

People are still used to using physical money (fiat) than digital money.

There's still a lot of people that having a hard time using computer,if they cant use a computer, how will they use bitcoin?

With fiat, you could just give the money and boom, transaction done.
hey mate, you can using your smartphone to using bitcoin and transact. very easy as using in a computer. digital era will to begin. prepare yourself mate!


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CryingMidget
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March 06, 2016, 12:59:04 PM
 #1023

People are still used to using physical money (fiat) than digital money.

There's still a lot of people that having a hard time using computer,if they cant use a computer, how will they use bitcoin?

With fiat, you could just give the money and boom, transaction done.
hey mate, you can using your smartphone to using bitcoin and transact. very easy as using in a computer. digital era will to begin. prepare yourself mate!

Some people is stopping bitcoin of using it, because they just afraid to lose there money and they don't know how to use it.
That is why the new generation is better for them to use bitcoin and lack of business adoption is also the reason for it.
kartaggen
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March 06, 2016, 01:00:16 PM
 #1024

People are still used to using physical money (fiat) than digital money.

There's still a lot of people that having a hard time using computer,if they cant use a computer, how will they use bitcoin?

With fiat, you could just give the money and boom, transaction done.
hey mate, you can using your smartphone to using bitcoin and transact. very easy as using in a computer. digital era will to begin. prepare yourself mate!

Some people is stopping bitcoin of using it, because they just afraid to lose there money and they don't know how to use it.
That is why the new generation is better for them to use bitcoin and lack of business adoption is also the reason for it.

Yeah, the main issue is lack of awareness and knowledge among the people and that is the reason they prefer to stay away from bitcoins, as they have a fear of loosing their money in long term.
nejibens
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March 06, 2016, 02:01:49 PM
 #1025

Economy today still depends upon fiat, and mostly, fiat is controlled by banks, and some banks are owned by the government, and government always want control over things around it, so there is only small chance for the bitcoin to bloom and be known by every man in this world... government has no control over bitcoin that is why there is little to no promotion about it in common people...

That's true and i think that's the real reason that many official marketplaces and great companies online still not supporting Bitcoin till now
BitcoinHodler
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March 06, 2016, 02:35:48 PM
 #1026

i think the biggest thing is the lack of places to spend bitcoin.
nobody hesitates on using credit cards or even in using online payment processors like Paypal because there is countless places that you can use those things but bitcoin is not the same.

if all those places that has paypal add bitcoin too then bitcoin usage is going to change for sure.

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March 06, 2016, 02:39:03 PM
 #1027

i think the biggest thing is the lack of places to spend bitcoin.
nobody hesitates on using credit cards or even in using online payment processors like Paypal because there is countless places that you can use those things but bitcoin is not the same.

if all those places that has paypal add bitcoin too then bitcoin usage is going to change for sure.

Nowadays there is a lot of marketplaces and ewallets supporting Bitcoin already, but you are right because Paypal for example still used and supported a lot more than Bitcoin till now, and i think this will change with time
blackmachinegun
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March 06, 2016, 02:58:33 PM
 #1028

in my opinion has 3 reason

1. already loss a lot with bitcoin
2. loosing from hacker or getting scam
3. not interest anymore
I thought to number 1 and 2 are very similar. it is not possible to make someone stop using bitcoin for the long term. I know it would make a sad and make us despair. but not long after they would have to rise. because he could find bitcoin again with very easily.
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March 06, 2016, 03:06:19 PM
 #1029

in my opinion has 3 reason

1. already loss a lot with bitcoin
2. loosing from hacker or getting scam
3. not interest anymore
I thought to number 1 and 2 are very similar. it is not possible to make someone stop using bitcoin for the long term. I know it would make a sad and make us despair. but not long after they would have to rise. because he could find bitcoin again with very easily.

People who have started to use bitcoin, it will be really difficult for them to stay away from bitcoins,  but if you take proper care of your bitcoin wallet, then I don't think that is that easy for anyone to hack your bitcoins.
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March 06, 2016, 03:30:47 PM
 #1030

i think the biggest thing is the lack of places to spend bitcoin.
nobody hesitates on using credit cards or even in using online payment processors like Paypal because there is countless places that you can use those things but bitcoin is not the same.

if all those places that has paypal add bitcoin too then bitcoin usage is going to change for sure.

That is really true, i also think that if bitcoin gets accepted everywhere like paypal or some other payment processors like that then it's users will also increase and people will start using bitcoin as well like paypal or all other payment processors.
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March 06, 2016, 03:35:24 PM
 #1031

Bitcoin often getting a decrease in the price, and the misunderstanding of the digital currency with
the paper money is the main backlog which keeps most interested people out of the bitcoin.

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March 06, 2016, 03:45:18 PM
 #1032

I dont think anything stoping people for using bitcoins.
Those who know about bitcoins trust it and always want to use it.
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March 06, 2016, 07:38:29 PM
 #1033

I dont think anything stoping people for using bitcoins.
Those who know about bitcoins trust it and always want to use it.

Trust is a very important think. But this is caused by a lot of misinformation. A lot of people are not well informed about bitcoin.
They think it's dangerous or being used by dangerous people. Which essentially is false.


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March 06, 2016, 09:37:32 PM
 #1034

I dont think anything stoping people for using bitcoins.
Those who know about bitcoins trust it and always want to use it.

Trust is a very important think. But this is caused by a lot of misinformation. A lot of people are not well informed about bitcoin.
They think it's dangerous or being used by dangerous people. Which essentially is false.

Negative publicity of bitcoin is creating an havoc here, as the majority of people have heard only bad news related to bitcoins and that is the reason they have fear and hesitation in using bitcoins.
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March 06, 2016, 09:43:50 PM
 #1035

I think because of the many cases of
fraud will make people leave bitcoin
phreaky
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March 06, 2016, 10:07:27 PM
 #1036

I dont think anything stoping people for using bitcoins.
Those who know about bitcoins trust it and always want to use it.

Trust is a very important think. But this is caused by a lot of misinformation. A lot of people are not well informed about bitcoin.
They think it's dangerous or being used by dangerous people. Which essentially is false.

Negative publicity of bitcoin is creating an havoc here, as the majority of people have heard only bad news related to bitcoins and that is the reason they have fear and hesitation in using bitcoins.

I'm thinking the same thing, the point that the bitcoins is bad named because of the media that is giving the bitcoin a bad name.
The people are scared to invest in the bitcoin because they think its bad an used by criminals.
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March 07, 2016, 02:05:49 AM
 #1037

I dont think anything stoping people for using bitcoins.
Those who know about bitcoins trust it and always want to use it.

Trust is a very important think. But this is caused by a lot of misinformation. A lot of people are not well informed about bitcoin.
They think it's dangerous or being used by dangerous people. Which essentially is false.

Negative publicity of bitcoin is creating an havoc here, as the majority of people have heard only bad news related to bitcoins and that is the reason they have fear and hesitation in using bitcoins.

I'm thinking the same thing, the point that the bitcoins is bad named because of the media that is giving the bitcoin a bad name.
The people are scared to invest in the bitcoin because they think its bad an used by criminals.

Yeah, but the fact is that criminals are not only using bitcoins, they are using fiat too, and I think they are using fiat more in compare to bitcoins, but people have more issues with bitcoins and not with fiat.
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March 07, 2016, 02:07:01 AM
 #1038

There is nothing stopping people from using Bitcoin. They are just lazy and aren't bothered to try something new out.
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March 07, 2016, 02:10:16 AM
 #1039

I think the biggest turn off would be the volatility of it all. No one wants to wake up everyday having to worry about their coins turning to dust. We need the banks to back the blockchain.
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March 07, 2016, 03:30:46 AM
 #1040

There is nothing stopping people from using Bitcoin. They are just lazy and aren't bothered to try something new out.

Yeah I think that's true but the major reason would be the price volatility I guess, as people find it more fluctuating and are not sure what would be the value tomorrow, so they just ignore to get into in it.

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