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Author Topic: What's stopping people from using bitcoin?  (Read 202106 times)
maxj57634
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April 16, 2016, 06:30:57 AM
 #1661

If bitcoin gets the support from the Government then people  will surely start using it but that clause is missing at a moment and that is the reason people are not using it.
many people have stopped because of the intervention and the role of government there may be some people who experience it.
if the government legalize bitcoin. will certainly occur adoption of a great future

When the government prohibit to use of bitcoin, whether we want or not we should obedient for that law. I grateful that in my country bitcoin still legal to use.

In my country too there is still no law that concerning bitcoin that we are prohibit to use it and its great that we can use bitcoin legally to do internet transaction.
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Mastsetad
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April 16, 2016, 07:30:42 AM
 #1662

First of all Resources (Computer and internet), what if your home suddenly burn and all of your things are burn to, or maybe your parents went bankrupt and all of your things need to sell. For me this also a reason. Smiley

These things don't happen often with everyone.
These are incidents and are rare to happen with some people, so that cannot be the reason for people stopping using bitcoin.
Maybe the internet or computer thing is right which you said.
Maybe someone has no resources to start with or understand bitcoin.
diodio5
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April 16, 2016, 07:31:47 AM
 #1663

just as simple as they dont know the basics on how bitcoin works..
I think if they don't know the workings of bitcoin it can be very easy to overcome because there are many tutorials on google for the use of bitcoin. so I think only a few people who stopped using bitcoin.
simply because he can not use it There are other factors that are more specific
Herbert2020
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April 16, 2016, 09:43:38 AM
 #1664

Using bitcoin in a 3rdworld country is more difficult than you think, they always stick on what they know and often adopt in new things. people like me need to be educated more. and its none refundable the possibility of scam is always their.

people in a third world country don't usually use bitcoin and they don't care about what bitcoin is they just earn bitcoin and then sell it right after for fiat in order to spend it afterwards. and all the work they do is just extremely low paying jobs like faucet or captcha works.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
uname
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April 16, 2016, 10:07:50 AM
 #1665

Using bitcoin in a 3rdworld country is more difficult than you think, they always stick on what they know and often adopt in new things. people like me need to be educated more. and its none refundable the possibility of scam is always their.

people in a third world country don't usually use bitcoin and they don't care about what bitcoin is they just earn bitcoin and then sell it right after for fiat in order to spend it afterwards. and all the work they do is just extremely low paying jobs like faucet or captcha works.
yeah most people do it (earn bitcoin and convert it to fiat) maybe include us? I still rarely seen find users who havereally doing and use bitcoin like usual currency

dhimasnk
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April 16, 2016, 10:34:43 AM
 #1666

prohibition of the government that may stop people using bitcoin

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blackmachinegun
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April 16, 2016, 04:27:05 PM
 #1667

First of all Resources (Computer and internet), what if your home suddenly burn and all of your things are burn to, or maybe your parents went bankrupt and all of your things need to sell. For me this also a reason. Smiley
I think it will not make you stop using bitcoin in fact you could doing computer rentals at a variety of stores. after all, if you earn more in bitcoin. you're not going to sell your computer or your laptop. because it is farm income. if your family becomes insolvent. you can look for other items that can be sold than pc
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April 17, 2016, 06:37:40 AM
 #1668

If bitcoin gets the support from the Government then people  will surely start using it but that clause is missing at a moment and that is the reason people are not using it.
many people have stopped because of the intervention and the role of government there may be some people who experience it.
if the government legalize bitcoin. will certainly occur adoption of a great future

When the government prohibit to use of bitcoin, whether we want or not we should obedient for that law. I grateful that in my country bitcoin still legal to use.

Fortunately it is also not illegal to use bitcoin in my country, atleast i never heard it on news that bitcoin is bad or it is illegal to use it or it is banned within your country and if you are found using it you will be in prison.
It is actually electronic media that makes it worst for the world, they show it to the world in a negative way so that they don't use it, but it won't happen for always, hopefully.
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April 17, 2016, 07:19:59 PM
 #1669

If bitcoin gets the support from the Government then people  will surely start using it but that clause is missing at a moment and that is the reason people are not using it.
Yes you are correct, people have more believe on their government then of the other, if their governments start to adopt bitcoin their people will believe that yes it is also a currency and they will not fear then that bitcoin will ever disappear.
angaper
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April 17, 2016, 07:41:09 PM
 #1670

Bitcoin is just starting to be known for an increasing number of peoples, and most of them still need to learn a bit more about the real implications of bitcoin in order to remove their erroneous prejudices against the bitcoin possibilities.

But I think it is just a matter of time to see a massive acceptation of bitcoin or some other altcurrencies at everyday life.
gerXhonza
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April 17, 2016, 07:53:58 PM
 #1671

If bitcoin gets the support from the Government then people  will surely start using it but that clause is missing at a moment and that is the reason people are not using it.
Yes you are correct, people have more believe on their government then of the other, if their governments start to adopt bitcoin their people will believe that yes it is also a currency and they will not fear then that bitcoin will ever disappear.

Honestly speaking, looking at the Governments I don't think that will be done in future, Governments are very corrupted and they will never allow bitcoin to get  on the mainstream.
prtty2gal2
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April 17, 2016, 08:30:52 PM
 #1672

Using bitcoin in a 3rdworld country is more difficult than you think, they always stick on what they know and often adopt in new things. people like me need to be educated more. and its none refundable the possibility of scam is always their.
Who told you that bitcoin is none refundable? It is easily refundable with a number of exchanges or with a number of other means. You can easily transfer your bitcoins to dolar or euro or any other currency you want to convert them.
richjohn
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April 17, 2016, 08:35:27 PM
 #1673

I guess for me the other way that will make people stop using bitcoin when they will be scam. After their hardwork in earning their coins and the end is that they will only be scammed, then it will lead them to terminate in using bitcoin.
umaOuma
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April 17, 2016, 09:29:36 PM
 #1674

Bitcoin has not received a green signal from the majority of the Governments and that is the reason people feel that it is illegal and very risky for making an investment.
draceus
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April 17, 2016, 10:11:51 PM
 #1675

Bitcoin has not received a green signal from the majority of the Governments and that is the reason people feel that it is illegal and very risky for making an investment.

brilliant main reason is government is not allow to use it by people because government are thinking bitcoin is illegal, That's why they are not allowing to use it and in market shopkeeper are also not accepting it so people where can use it?, Its very difficult for people.   

torrentheaven
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April 17, 2016, 10:21:34 PM
 #1676

Bitcoin has not received a green signal from the majority of the Governments and that is the reason people feel that it is illegal and very risky for making an investment.

brilliant main reason is government is not allow to use it by people because government are thinking bitcoin is illegal, That's why they are not allowing to use it and in market shopkeeper are also not accepting it so people where can use it?, Its very difficult for people.   

Yeah that's true unless Government don't stand beside it its really difficult to expect that normal public will start using bitcoin as a currency or as an investment.
terman45x
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April 17, 2016, 11:26:37 PM
 #1677

Bitcoin has not received a green signal from the majority of the Governments and that is the reason people feel that it is illegal and very risky for making an investment.

brilliant main reason is government is not allow to use it by people because government are thinking bitcoin is illegal, That's why they are not allowing to use it and in market shopkeeper are also not accepting it so people where can use it?, Its very difficult for people.   

Yeah that's true unless Government don't stand beside it its really difficult to expect that normal public will start using bitcoin as a currency or as an investment.

If Governments will start supporting bitcoin then it would be an miracle, and we all know if they start supporting bitcoin the it would an end of their corrupted activities.
bamboylee
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April 18, 2016, 12:30:53 AM
 #1678

I once was exchanging some money from a friend and he said he dont want to take BTC , I was surprised and ask why ? He said because he has no good sites which can provide him his local currency for BTC , then I informed about LBC. So maybe lack of knowledge is stopping people ?

It is one. No one is actually active giving informational materials about bitcoin to anyone. It spreads only thru word of mouth. But once itbis already spread widely, that will not be a problem anymore because they will start to see it in payments schemes and anywhere in the net.
Cyaren
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April 18, 2016, 12:37:08 AM
 #1679

In my opinion is the association with the dark web and illegal dealings happening that uses bitcoin as a medium of exchange, that keeps people away from BTC. Lots of my friends even think that BTC itself is illegal to own and use, which is definitely not true in my country.

Perhaps also the price fluctuations and the lack of understanding about the concept of BTC. Public figures like Peter Schiff think that BTC is a huge bubble that is destined to pop. And many investors view BTC as a risky investment.
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April 18, 2016, 05:12:58 AM
 #1680

I guess for me the other way that will make people stop using bitcoin when they will be scam. After their hardwork in earning their coins and the end is that they will only be scammed, then it will lead them to terminate in using bitcoin.

This is one hell of a true story. Actually there are a lot of people that stopped because someone do bad to them and that is scam. I dont know how those scammers can sleep at night doing bad things to other people.
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