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Author Topic: What's stopping people from using bitcoin?  (Read 202106 times)
tabas
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June 18, 2016, 12:36:32 PM
 #2501

Maybe it's because people are afraid to change. And conversion is still a bit hard if you don't know how to do it properly.
yeah maybe people are more comfortable using fiat and then they were reluctant to join in bitcoin. there may be the reason. but it seems like only a few people. because bitcoin is not too well known. so the reason is still very rare

In a world of people where used to use fiat money as the main monetary unit. And it is very hard for them if they are just suddenly shift to bitcoins that fast.
And I think only people who are knowledge with computer are easy to get use with bitcoin.

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June 18, 2016, 12:51:49 PM
 #2502

I think People are not using bitcoin due to ignorance or because they are not aware of its existence.There are also people who are afraid to use technology when it comes to money.There still are millions of people who dont use credit card as well
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June 18, 2016, 01:06:46 PM
 #2503

I think People are not using bitcoin due to ignorance or because they are not aware of its existence.There are also people who are afraid to use technology when it comes to money.There still are millions of people who dont use credit card as well
Yeah i think this is the reason why they are not using bitcoin but according to the title he is asking if what is the reason why people are stopping using bitcoin.. and i think for me because they are experience of scam because of many investment site.. just like me i experience it to scam from a investment site they are giving a good promises but they run my bitcoin.. so in that i am planning to stop using bitcoin but i found this forum and i learn a lot..
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June 18, 2016, 01:27:43 PM
 #2504

I think People are not using bitcoin due to ignorance or because they are not aware of its existence.There are also people who are afraid to use technology when it comes to money.There still are millions of people who dont use credit card as well

It is very an essential reason of ignorance of bitcoin for the people that's why they are not using it. And even they are telling them how convenient bitcoin really is.
But still they are ignoring us, we can't blame them we just need wait for the right time.

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June 18, 2016, 04:13:43 PM
 #2505

I guess the feel of changing to something big like this. A big change? maybe its a little to complex for them?
because its not "socially accepted" to the majority or something?  there are many  reasons as to "whats stopping them" .
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June 18, 2016, 04:35:02 PM
 #2506

The uncertainty along with the enormous growing potential and increased usage in illegal activities gives users a hesitation on using it. If users have got a assurance that bitcoin lasts long more users than the present could have adopted it.

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June 18, 2016, 08:51:10 PM
 #2507

They are simply scared to invest because they are thinking its a investment with a big risks and other people are even thinking that its only used by criminals.

Yeah i also think about that "they only used by criminals". People around me thinks the same because they think that bitcoin is designed to use in deep web to use for illegal activities but they're wrong Grin.
They are partially true actually, some people indeed using it for illegal activities. And media has made it become worse by telling only the bad effect of bitcoin.

Even media will keep on showing news about the bad side of bitcoin, I see it's not a big deal after all.

If people really want to know more about bitcoin, they will take time to learn what bitcoin really is. And every bad news is just a shit to them because they are the one who will found out if bitcoin is bad or not.

Media has never shown their support towards bitcoin and that is the reason many people hesitate in investing into bitcoin as they have more faith in news and media.
Except Japan though. From what I heard, Japan's media has quite a good support towards bitcoin and I do think China does the same. It is usually the western countries that has never really shown much support on bitcoins.
You are right because most of the western countries aren't that advanced in internet and new currencies.
They are a bit stubborn and try to use what they are already using.

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June 19, 2016, 06:23:40 AM
 #2508

I think that the dark web association with bitcoin is why some people are reluctant to use bitcoin as a payment method. They think that it is illegal to use bitcoin while it is really not.

Some countries also ban bitcoin usage, which could be another reason.

The main reason is people gets carried away with the news that they hear about the bitcoin, and I think they should start researching on their own and that will show them the clear picture of bitcoin.

Yeah, people have to have their own judgement instead of letting their judgement get clouded by the media. A lot of media are trying to label bitcoin as a bad thing, while it is really not.

People choose to do drugs with bitcoin, bitcoin didn't choose to service those people.
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June 19, 2016, 07:06:39 AM
 #2509


Yeah, people have to have their own judgement instead of letting their judgement get clouded by the media. A lot of media are trying to label bitcoin as a bad thing, while it is really not.

People choose to do drugs with bitcoin, bitcoin didn't choose to service those people.

I completely agree!
I think people need to understand that the media are never true, and they can not be trusted. According to government channels, against Bitcoin goes negative propaganada. And it is clear why the state is not ready and afraid of Bitcoin, it does not know what to do with it, because he can not control it. I mean, not all countries, but a few.But progress does not stand still, and even the most totalitarian state in the future will have to change its economic system and attitudes and to accept Bitcoin in circulation
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June 19, 2016, 07:11:32 AM
 #2510

Maybe it's because people are afraid to change. And conversion is still a bit hard if you don't know how to do it properly.
yeah maybe people are more comfortable using fiat and then they were reluctant to join in bitcoin. there may be the reason. but it seems like only a few people. because bitcoin is not too well known. so the reason is still very rare
Fiat currency is familiar with our community and this can make someone is comfortable to using fiat currency Because fiat currency is merged with our community and easier to using this currency.

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June 19, 2016, 07:44:39 AM
 #2511

For most people bitcoin seems to be dangerous. It's online money and people don't fully understand or trust online.
Think about the hacks/ criminals that happen. Most people are just scared.
Exactly the reason, most of the people are worried that they dont know how bitcoins work and how they regulate. Hence most people are worried and try not to use bitcoins and those who took time to understand how it works are enjoying now.
It's why we need to teach them about bitcoin and giving some knowledge and information about bitcoin. and bitcoin regulate is important can make everyone is interesting to join or try bitcoin.

We try to teach people around us about bitcoin but the fact is majority of them are not interested in it as they feel they will loose their money in long run.
Yes we should make them understand that this is not the currency that will make your money lose. In my opinion some of the country is banning using bitcoin and that could be the reason so many people are scared to use it !

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QuestionAuthority
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June 19, 2016, 05:12:51 PM
 #2512

Most likely convenience and ease of use.

CasioK
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June 20, 2016, 06:51:24 PM
 #2513

I heard some hackers who hack others via ransomeware virus are asking bitcoins in return. So people are a bit worried and maybe that is stopping them, but that is no reason, hackers use USD also so stop using it !

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Altcoinmoney
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June 20, 2016, 07:01:20 PM
 #2514

I heard some hackers who hack others via ransomeware virus are asking bitcoins in return. So people are a bit worried and maybe that is stopping them, but that is no reason, hackers use USD also so stop using it !


No this is the reason why they are not using it, I even find this the stupidest reason you could thing.
I do think people keep away from it due to the bad name the bitcoin has these days, its still a investment right.
mrcashking
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June 20, 2016, 07:02:51 PM
 #2515

I heard some hackers who hack others via ransomeware virus are asking bitcoins in return. So people are a bit worried and maybe that is stopping them, but that is no reason, hackers use USD also so stop using it !

Since when are hackers hacking your USD with a virus ? these are just bullshit excuses. The whole world's intelligence is not going to have faith in a couple of DEVs,that's it.
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June 20, 2016, 07:16:56 PM
 #2516

I heard some hackers who hack others via ransomeware virus are asking bitcoins in return. So people are a bit worried and maybe that is stopping them, but that is no reason, hackers use USD also so stop using it !

No it is not the reason which will stop any person to use bitcoin, but the actual reason is that they do not know well about bitcoin and due to some anti bitcoin rumors they sell their coins and leave it.
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June 20, 2016, 08:19:22 PM
 #2517

Bitcoin are not tied to any country so there's no reason they would stop using bitcoin if they already know about usefulness of bitcoin.
That is the million dollar question for me, how to tell people the usefulness or opportunities bitcoins offer. Once people know the bright opportunities nothing can stop them from using bitcoins.
bright future
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June 20, 2016, 08:28:28 PM
 #2518

i think no one will like to stop in present condition.
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June 20, 2016, 08:59:50 PM
 #2519

i think no one will like to stop in present condition.
well people might just think that bitcoins are illegal to be honest thus they will not like to use the bitcoins because they think that they might have some troubles with law

i think people should know that using bitcoins is not an illegal thing in most of the countries and it is just illegal to do such things that is illegal with fiat and thats it, its allowed to use bitcoins on regular stuff
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June 20, 2016, 09:05:47 PM
 #2520

There is no any thing whch will stop people from using bitcoin but only their unawareness about bitcoin.
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