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Author Topic: What's stopping people from using bitcoin?  (Read 202143 times)
fuathan
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March 25, 2016, 06:57:08 PM
 #1261

When governments and finance institutes perceive BTC threat to themselves and banned all the usage of BTC and other cryptocurrencies...

However I think it won't happen because of BTC adoptation news by money giants...
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March 25, 2016, 08:48:26 PM
 #1262

When governments and finance institutes perceive BTC threat to themselves and banned all the usage of BTC and other cryptocurrencies...

However I think it won't happen because of BTC adoptation news by money giants...


Bitcoin is already banned in differen countires but some countries are friendly to bitcoin. But if it will be banned it will not stop people work on it i think.

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March 26, 2016, 04:53:19 AM
 #1263

There is nothing stopping people from using bitcoin, But there are less motives to use it, Generally people don't try a new thing unless there is something to encourage them to start "something more than less fees", I think this is what is stopping bitcoin from going mainstream.

That would be a problem. Giving people a means of reading this or knowing some knowledge regarding bitcoin is a big help but they would need some people to assist them in how to do it.

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March 26, 2016, 06:35:13 AM
 #1264

There is nothing stopping people from using bitcoin, But there are less motives to use it, Generally people don't try a new thing unless there is something to encourage them to start "something more than less fees", I think this is what is stopping bitcoin from going mainstream.

That would be a problem. Giving people a means of reading this or knowing some knowledge regarding bitcoin is a big help but they would need some people to assist them in how to do it.


Yeah every people need some assistant in knowing bitcoin so they can learn how bitcoin is useful to them,they might have doubts at the start but they will soon learn.
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March 26, 2016, 06:40:46 AM
 #1265

When governments and finance institutes perceive BTC threat to themselves and banned all the usage of BTC and other cryptocurrencies...

However I think it won't happen because of BTC adoptation news by money giants...


Bitcoin is already banned in differen countires but some countries are friendly to bitcoin. But if it will be banned it will not stop people work on it i think.

Yes, we cannot Ban something which is popular in nature among the common people of the world. Bitcoin will remain always even if few countries ban thinking it will End the Bitcoin. but this will never going to happen and eventually they have to allow Bitcoin on the pressure of the people.









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March 26, 2016, 07:03:48 AM
 #1266

not all the world has access to the internet to be able to use bitcoin. So this is why the majority of the world still use fiat only without using debit cards or digital currencies like bitcoin
nope I think everyone is already connected to the Internet. I think this factor is not a thing that can make a person stop of bitcoin.
I even saw a small child is already playing internet and blogs

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March 26, 2016, 07:25:18 AM
 #1267

so many reason, for example: they got bored , they think they dont need bitcoin anymore, they think that bitcoin dont have bright future (i believe bitcoin have bright future)
I do not agree if they do not need bitcoin. bitcoin is money bro. maybe if it is difficult to get bitcoin I think it was the right reason.

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March 26, 2016, 07:28:52 AM
 #1268

not all the world has access to the internet to be able to use bitcoin. So this is why the majority of the world still use fiat only without using debit cards or digital currencies like bitcoin
You mean to say, there are less availability for bitcoin accepting merchants to spend your bitcoins. Yes, this is the situations in many countries. Due to the lack of bitcoin adoptions by companies many people are not in need of switching over to bitcoin payment system.

Actually lack of adoption is the biggest reason of why many people out there are not aware of bitcoin yet in many countries, as someone said above that some people have no access to internet so they really will not be able to come to know if there is such a thing like bitcoin, and for making those people aware of it there needs to be some places that accepts bitcoin so people after seeing that will take a look at it surely and that could be a reason for them to use bitcoin.

Not all has internet connection to acces bitcoin that's why adoption are not yet growing. Still there are many places that bitcoin can't be reached. That is one of the reason why our financial system will not be dominated by bitcoin.

maybe in the rural areas of Africa where they don't even have clean water, there is no internet but the rest out of the 7 billion has access to internet through different ways from wireless network to mobile 3g/4g fast internet.

I think it is the lack of services that accept bitcoin that is holding it back, and that is because of the volatile price and lack of regulation that makes the services afraid of using bitcoin.

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March 26, 2016, 07:37:26 AM
 #1269

In my opinion scam and ponzi sites and earning sources stopping people from using bitcoin. most of people have negative thoughts about bitcoin because of these scam and fake earning sites. because there are 80% sites are scam. and most people affected from them.. peoples like to earn money but when they be scammed then they loose their hopes and didn't try it again..
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March 26, 2016, 07:38:52 AM
 #1270

not all the world has access to the internet to be able to use bitcoin. So this is why the majority of the world still use fiat only without using debit cards or digital currencies like bitcoin
nope I think everyone is already connected to the Internet. I think this factor is not a thing that can make a person stop of bitcoin.
I even saw a small child is already playing internet and blogs

Not really mate, following the international statistics there is only 1 Billion or so from 6 Billion of people worldwide are using Internet nowadays, so the fact that Bitcoin couldn't be used without internet could be negative factor for real
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March 26, 2016, 08:59:56 AM
 #1271

so many reason, for example: they got bored , they think they dont need bitcoin anymore, they think that bitcoin dont have bright future (i believe bitcoin have bright future)
I do not agree if they do not need bitcoin. bitcoin is money bro. maybe if it is difficult to get bitcoin I think it was the right reason.
i dont agree. I do not think someone out of boredom and does not require bitcoin anymore. as long as I was in bitcoin I have never seen anyone come out with excuses like that.

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March 26, 2016, 09:03:00 AM
 #1272

The lack of regulation which allows scammers to set up their operation s one of the major problems. There s no industry with more ponzies anywhere else as in crypto.

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March 26, 2016, 07:09:18 PM
 #1273

Media has done a great job in muddying butcoin as a darkweb currency for drugs and now terrorism. The potential smear on current bitcoin users is possible if things are pushed farther along.

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March 26, 2016, 07:38:07 PM
 #1274

The lack of regulation which allows scammers to set up their operation s one of the major problems. There s no industry with more ponzies anywhere else as in crypto.
It's mostly because there is no regulation within crypto, there is even no way to enforce regulation. The only thing we have to offer to newbies is knowledge about managing their money smartly. Regardless players who play fair within the network will get more famous as time passes, we have to hope that legit players will take over. This is inevitable because there is no reputation to be gained while scamming people from their money.

In my opinion currently people just don't care enough about the fundamentals of their money. They use fiat just because it works and is convenient for them and learning something completely new is way too time consuming for them. They'll all get here however.


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March 26, 2016, 10:24:09 PM
 #1275

Bitcoin is not so easy to "regular people" to handle it and to keep it safe.
In my country, people have difficulty to handle a simple internet banking, imagine handling a Bitcoin wallet...
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March 26, 2016, 10:36:28 PM
 #1276

governments might ban their people from using bitcoin what could lead to them deciding to quit it, i dont know what else might stop people

 
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March 27, 2016, 12:42:26 AM
 #1277

Everything that people say we cant do we will do,we act against the society rules,that is an fact.Bitcoin is too new and merchants are supporting it yet,we had achieved porn industry and gambling industry very deep,porn just some companies working with,people dont see any advantage of change the fiar to bitcoin,as they cant spend ,and wont stay 3 hours watching the pumps and dumps happening almost all days.
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March 27, 2016, 02:25:42 AM
 #1278

Some people are scared to use something they still don't understand fully and Bitcoin requires some technical knowledge to understand how it functions. Plus we are so complacent with the banking system and Paypal that better alternatives like Bitcoin could go unnoticed for a long time.
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March 27, 2016, 03:31:58 AM
 #1279

At this time, I dont think people stop to use bitcoin. They will continue to use and everyday bitcoin will be popular than before.  Roll Eyes
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March 27, 2016, 04:34:31 AM
 #1280

The lack of regulation which allows scammers to set up their operation s one of the major problems. There s no industry with more ponzies anywhere else as in crypto.
I think people are free to do anything with bitcoin. even conduct illegal activities. bitcoin is decentralized so there are no regulations or rules for use. This is freedom dude


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   ▐███ ▐███ '███           ███  ███▌ ███▌   
   ]███@╙███@ ▀██▌        ,▄██▌ ▐███ ▐███`   
    ▓███ ▐███▄ ╙██▀╩     9███╜ ╔███▀,███▌   
     ████,╙███▌               ▓███╜,████     
      ▀███▄ ▀╜                 ▀▀ ▄███▌     
       ╙████▄,                 ╓▄████╜       
         ╙█████▄▄╓,       ,╓▄▄█████▀         
            ▀▀█████████████████▀▀           
                '▀▀▀▀▀▀▀▀▀▀▀'

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