What's stopping people from using bitcoin?

[umaOuma]

When government banned and jailed people who use bitcoin because illegal, it will makes people stop using bitcoin. Luckly no country jailed people who use bitcoin.

That might be few exceptional cases, I believe as only a very little percentage is using bitcoin right now people have a little hesitation initially, this would change when mass adoption happens.

Yeah I doubt this would happen in the US or within the EU member states, that would still be a huge market for Bitcoin.

Yes and I think even if the Asian countries starts using it then we can see the huge market cap as the population of those countries is too high which can make a difference.

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[BitHodler]

When government banned and jailed people who use bitcoin because illegal, it will makes people stop using bitcoin. Luckly no country jailed people who use bitcoin.

That might be few exceptional cases, I believe as only a very little percentage is using bitcoin right now people have a little hesitation initially, this would change when mass adoption happens.

Yeah I doubt this would happen in the US or within the EU member states, that would still be a huge market for Bitcoin.

Yes and I think even if the Asian countries starts using it then we can see the huge market cap as the population of those countries is too high which can make a difference.

China is already in control of nearly the entire mining aspect of Bitcoin, but that doesn't mean the price will go up significantly.

And it shows as the market cap is still fairly low for such an amazing technology as Bitcoin. We need wealthy investors from anywhere to bring their money into the Bitcoin economy. That's when we'll see the market cap shoot up to insane hights.

[Dr.Osh]

I guess a critical point is that it's extremely boring for most people. There's nothing that can really attract the masses.

it's true, but I think boredom is not a major factor they stop using bitcoin, but maybe they were disappointed because they may lose their money because bitcoin

[stromma44]

I guess a critical point is that it's extremely boring for most people. There's nothing that can really attract the masses.

it's true, but I think boredom is not a major factor they stop using bitcoin, but maybe they were disappointed because they may lose their money because bitcoin

Price volatility makes people to think negative about bitcoin and that is the reason people prefer to stay away from bitcoin, if price goes higher and remains stable then we can see more users.

[Labumi]

I guess a critical point is that it's extremely boring for most people. There's nothing that can really attract the masses.

it's true, but I think boredom is not a major factor they stop using bitcoin, but maybe they were disappointed because they may lose their money because bitcoin

I think that's also one of the factors why they got tired of using Bitcoin. But I think people who have grown tired of using Bitcoin are those which are affected by the waffle people who say that Bitcoin could keep him in jail, because many people who say that Bitcoin is where digital currency that is used by the mafia to do the transaction.

[Xenophoto]

What's stopping people from using bitcoin is that they are being so close minded whenever you introduce bitcoin to them. You'll always encounter airhead people saying stuffs like: "lame, does not work, zzz, scam". They just don't get the importance of bitcoin and how it is different from fiat. They only hear topics that do not require any knowledge. They don't want to research about bitcoin. They just don't want it. They don't want people introducing new topics to them. Most people just want to do what they used to do. Since fiat is the money the got used to spend, they only stick to that.

[Xenophoto]

What's stopping people from using bitcoin is that they are being so close minded whenever you introduce bitcoin to them. You'll always encounter airhead people saying stuffs like: "lame, does not work, zzz, scam". They just don't get the importance of bitcoin and how it is different from fiat. They only hear topics that do not require any knowledge. They don't want to research about bitcoin. They just don't want it. They don't want people introducing new topics to them. Most people just want to do what they used to do. Since fiat is the money the got used to spend, they only stick to that.

Yeah, I experience similar problems when I trap people in elevators and try to teach them about Beanie Babies -- shallow, ignorant sheeple just don't want to learn! Too busy with their mindless sheeple shit, like curing cancer, raising kids, making music, reading dumb books.
Brainwashed losers, Xenophoto. Not like us.

The media has been doing this for years. Even if we keep on pointing this one out, those people will never make any action on themselves. They want to earn dollars but they don't want to acquire any knowledge first before earning dollars. They just want to directly earn dollars. Nothing more, nothing less. They don't mind being an airhead though. And yep, another thing is that some people tend to read dumb books that are always about sex and money. They get to read an entire book but got no time to read a single article about bitcoin. We can not force them though. The best thing to do is leave them alone together with their nonsense stuffs.

[fkvidar]

People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

[bitcoinboy12]

People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

Yep, that's what i was thinking too. They are afraid to use it primarily because it's online. And anything now online are pretty much potentials for scam etc.

[xIIImaL]

People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

bitcoin is becoming dominant, and lots of people accepting Bitcoin. Some people are not accepting it as a currency or investment. They took wrong example from the past of $1200 to $200 which is the main reason for them not accepting bitcoin as a payment or investment.

[pujumba]

the problem is not people closeded mind our bitcoin trustworthy, the problem is the internet people dont trsut in the internet , and mostly of times the internet can be a problem to bitcoin, i will give you a example lets say i am going to SUBWAY and i make my order for a sandwich , after that i am going to pay with my bitcoins , but for some reason the internet goes down (and mostly of times this happen in a lot of countries)  how i can connect to the blockchain to make the tansaction?

in my opinion the blockchain is just good for privacity , but dont aply to usually purchases like food, gasoline and water

[SquallLeonhart]

People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

bitcoin is becoming dominant, and lots of people accepting Bitcoin. Some people are not accepting it as a currency or investment. They took wrong example from the past of $1200 to $200 which is the main reason for them not accepting bitcoin as a payment or investment.

Yeah the major dump in the value of bitcoin created a major havoc, and that is the reason people now think twice before investing their money into bitcoins.

[sana54210]

When government banned and jailed people who use bitcoin because illegal, it will makes people stop using bitcoin. Luckly no country jailed people who use bitcoin.

That might be few exceptional cases, I believe as only a very little percentage is using bitcoin right now people have a little hesitation initially, this would change when mass adoption happens.

The truly reason is they have lots of hesitation by using it because they dont know or no gauramtee that they can earn by using it. They dont also know the system how to earn and what is benifits by using bitcoin.they afraid to lose monet because its online wallet and very hackable by pro hackers.
For that people i can say they need education or mentor so they can know more deeper about bitcoin.

That's true! I once had a really big hesitation using bitcoins and look at it now, it's just continuously growing and that's really great! And once again, what you said is true. Since bitcoin transaction is done online, most of those who don't want to use bitcoin are afraid because of possible lose of balance. They are afraid that hackers might be able to steal their money (like in PayPal where hackers are continuously cracking accounts).

[JessicaSe]

Everyone keeps on saying that Government is not supporting it but to be honest how many people around us knows what exactly bitcoin is, I hope you got your answer.

[Mastsetad]

Everyone keeps on saying that Government is not supporting it but to be honest how many people around us knows what exactly bitcoin is, I hope you got your answer.

You are right.
Maybe in some countries government is against bitcoin, but beside that many people don't even know about it.
If people get to know it or understands its usage then maybe they will use it regardless of that government is against it.
The main goal of bitcoin is to reach more and more users and more and more merchants in the world, so that it can survive and keep growing in future.

[Mr. Big]

Everyone keeps on saying that Government is not supporting it but to be honest how many people around us knows what exactly bitcoin is, I hope you got your answer.

Makes sense...Government would probably watch over bitcoin if they see that half of their people are already using it...So it means it is our responsibility to spread  bitcoin to the people around us..

[JeanMcCoy]

People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

Yep, that's what i was thinking too. They are afraid to use it primarily because it's online. And anything now online are pretty much potentials for scam etc.

They are going to stop only if they are losing to much money with it and that is logic because they dont want to lose money with gambling, but they need also patience.
Without patience you cant make money with because sometimes you need to wait  a long time until the value will be more.

[Provably Fair Directory]

just as simple as they dont know the basics on how bitcoin works..

[betohell]

People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

I've found someone who is very anti with something new that people still use the old phone nokia 3315.
so maybe he heard about bitcoin that digital currency and they not using it

[Betwrong]

People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

That's a good point. Staying online all time we don't realize that most people live their lives using internet very little or not at all. And we them accept Bitcoin? Of course they won't accept it. I mean right now. But in the future they will.