What's stopping people from using bitcoin?

[phibay]

People will only use Bitcoin if they can do just that - USE bitcoin. There aren't enough places where someone can just walk in and pay with BTC.

Most people do not have extra income or money to "invest" or buy BTC.

[kartel616]

one reason, if bitcoin don't have price on market.

[bebeko]

For bitcoin B2B payments, you need two conversions, say USD/BTC and BTC/EUR, each requiring a fee of at least 10 bps (cheapest tier on the major exchange sites). Currency pairs with low liquidity, say BTC/INR, would require an even higher exchange fee.

[danherbias07]

one reason, if bitcoin don't have price on market.

What do you mean dont have price in market? Please be specific so we can share our opinion in a better way.

I really do think it got a price and I see it coming up in news sometimes. Bitcoin is known but not full blast known. And some just ignore it.

[trickyriky]

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?

majority of people i speak to about crypto laugh their heads off, saying things like you invested your money somewhere the gubermnet can steal it from you lol, or you want me to trust my money with my electricity and internet providers, unfortunately they are right, with wars a plenty across the globe and threats of nukes being lobbed around our precious bitcoin is in grave danger, all it would take to destroy bitcoin forever would be to cut the under sea fiber optic cables for a week or so, bitcoin would be dead within a week, or they could just unplug the power stations either way they are still in control of our funds, im actually glad the mass's have not surrendered the cash system as this is our fall back when guberment finally falls

[jkrules]

one reason, if bitcoin don't have price on market.

What do you mean dont have price in market? Please be specific so we can share our opinion in a better way.

I really do think it got a price and I see it coming up in news sometimes. Bitcoin is known but not full blast known. And some just ignore it.

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.

[greBit]

one reason, if bitcoin don't have price on market.

If bitcoin dont have price on market then wait for few days so that you see the price getting varies. Only thing i feel is stopping people from using btc is that those people dont have knowledge about btc. Rather than that i dont see any valid reason why should they dont use btc.

[Pollak]

Well I think its mostly the bad name the bitcoin itself has because of the criminals that are using it, but that should be no risk.
The other thing I'm thinking is that people are to scared to invest in it because its still a risk you are taking.

Criminals use all currencies not only bitcoins, then why people are pointing finger only on bitcoins? People should not hate it only because of this one reason, they should see other benefits associated with it.

They will stop if they know that you also can lose some money and that will be not good. But its better to hold if the value is low.
I hope later that more people can have some good profit of it and that they can make Bitcoin more popular.

[hkla241]

liquidity bitcoin is stopping many newbies to get into the markets to buy and invest. They think this is just a scheme,,

[magemist]

Most of all what is stopping people from using it would be the uncertainty of where it will go. Whether it be good or bad, people don't like to put anything into it unless it is a surething.

[agustina2]

Lack of resources to get into bitcoin is one of the example. Not all are enjoying some method to earn bitcoin. They found it boring.

Others don't have the ability to buy coins thru their fiat money.

[rahmawati6718]

reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries.

[Aamir1]

reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries.

I actually agree with you on that, it is the true reason why people are not using bitcoin obviously because they are not aware of it or no one ever tried to explain it to them, the benefits the grow everything, if they come to know then they will surely do it.

[barbara44]

yes there are a lot of problems that don't help "median" user to embrace btc:

- unstable prices
- scam risk
- you have to study how to use it
- you need to understand how save your coins

After all are these the best problems with btc....as my friends says when I talk about it.

The first one, which is “unstable price” matters more because with that those people who are unaware with trade and are not efficient to covert their bitcoin to fiat will try to stay away.

[Blackmet]

reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries.

It's not about stopping if they don't know what bitcoin is AMO people stopping from using becouse scared of smth new and also don't understand all advanteges of bitcoin.

[torrentheaven]

reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries.

It's not about stopping if they don't know what bitcoin is AMO people stopping from using becouse scared of smth new and also don't understand all advanteges of bitcoin.

Yes they hesitate in trying something new, it is very rightly said that people resist change and that is the reason they don't want to experiment with their money.

[martinacar]

Some people think the bitcoin itself has a bad reputation due to his reputation about its used by criminals, of course this is just so not true but they are thinking it.
Other people are just thinking its too difficult for them.

[Jmild1]

The boundness of fiat to their life makes people to not use things like crptocurrency. Well, you can make a person that bound fiat "realize that bitcoin has value" by hitting their curiousness. But to do this is the question I can't answer

[umaOuma]

Lack of awareness and lack of knowledge is making people to stay away from bitcoins and also the price fluctuations is a major factor responsible for that.

[honeyhtet]

I think it should be more about what is encouraging people to use it rather than what is stopping them from using it, Current financial system like creditcards are too easy to use and encourage the person not to think about it anymore than money.