People Are Just Too Stupid to Use Bitcoin Right Now

[smashbtc]

"People are just too stupid to use bitcoin right now,” I overheard someone argue at a bar a few weeks ago as we were discussing the potential of cryptocurrency. “Society’s understanding of where money comes from is the real challenge.

This is the whole article I read at cointelegraph

[FUBAR-BDHR]

It's not just that people just don't like change (unless it's the coin kind).  Heck I can't get my Mom away from rotary phones not alone use a new kind of money for things. 

[bankingbtc]

It's not just that people just don't like change (unless it's the coin kind).  Heck I can't get my Mom away from rotary phones not alone use a new kind of money for things. 

that's normal, people are used to old things and even afraid of new technologies, they used old phone for example for 20 years and they won't go to new phone in days

same with bitcoin, we use fiat for ages now and it will be very, very hard to make people change to bitcoin because it is still new to them

[Lauda]

It's not just that people just don't like change (unless it's the coin kind).

Intelligence is the ability to adapt to change.  

It has nothing to do with fondness of the change itself.

“Society’s understanding of where money comes from is the real challenge.

Well, among other things, yes. Additionally, what I find weird is when people ask me how Bitcoin works exactly (in-depth) when they don't even understand how the monetary system that they're using works at all.

[smashbtc]

This may or may not be true but this kind of attitude is not something that gets anyone anywhere. The argument should not be the fault of the (potential) users, but rather the product/companies that are trying to push a product that users don't understand.

[Aamir1]

This may or may not be true but this kind of attitude is not something that gets anyone anywhere. The argument should not be the fault of the (potential) users, but rather the product/companies that are trying to push a product that users don't understand.

Exactly, when something new comes to being it surely takes some time to be understood by people around the world, the same case is with bitcoin, though a lot of people have already understood and started using it but it is still a long way to go for bitcoin as the whole world is still unaware of such a technology, and at first when someone just hears about it then they would surely react like that until they don't totally understand the things behind it.

[Herbert2020]

in order to start using bitcoin now needs a big change from the old familiar fiat to a new technology which is not well known among regular people. also there is always the lack of places to use bitcoin at, for example in that bar you heard this if the bar was accepting bitcoin that would have been a different story!

[poptok1]

Unfortunately i have to agree in some aspects with OP.
People in general are just very lazy and ignorant. Learning new things comes with much effort.
Bitcoins big chance for mass success is or are big companies. If they introduce
BTC to mass consciousness as stable reliable way of storing goods than we may have a chance
for complete adoption.
Bitcoins are not that hard to use or gather, average Joe will understand (basics) in minutes but
first he have to have some desire to use them.
And second, an easy way of acquiring that knowledge. This is where we, older users have our part to play. 
Advertisement of BTC needs to be done by bigger/wealthier party's. 

[bitcoinbox]

Guys you have to admit that it is not really easy to buy BTC. After that you have to store your BTC's in a wallet and this isn't easy neither.

[dollarneed]

Guys you have to admit that it is not really easy to buy BTC. After that you have to store your BTC's in a wallet and this isn't easy neither.

in fact you don't need to upload your identity or your details to create a wallet let compare with other payment processor like paypal you must verificate your account, about fees imagine if you send 1 Million dollars in bitcoin or 1 million dollars through western union, of course bitcoin is simplest is easy to use and its decentralized no one can't froze your money, i think peoples are just too lazy and ignorant to understand how bitcoin's work

[erikalui]

I agree here as many don't take Bitcoins as a way to not pay taxes and its decentralization and ability to own the private keys of a wallet don't go well with the mass. They still prefer PayPal/Cards over Bitcoins as many websites/brands only make use of these payment methods. Also, there are way too many negatives written by media about bitcoins that people fear that it can be illegal to use this currency which is a untrue. It's just that crypto currency is not a convenient payment method for many and it's not easy to buy bitcoins online as well.

[Herbert2020]

Guys you have to admit that it is not really easy to buy BTC. After that you have to store your BTC's in a wallet and this isn't easy neither.

actually both of the things that you mentioned are super easy.
buying bitcoin is so easy these days with services like coinbase, circle, localbitcoins to buy locally, all these exchangers.

also storing bitcoin is easy, you don't need any bank or paperwork, you can just download one of the bitcoin wallets that suites your needs and store them easily in the smallest of spaces.
i don't know what part of storing bitcoin in a wallet is hard for you?

[Aggressor66]

It's not just that people just don't like change (unless it's the coin kind).  Heck I can't get my Mom away from rotary phones not alone use a new kind of money for things.  

that's normal, people are used to old things and even afraid of new technologies, they used old phone for example for 20 years and they won't go to new phone in days

same with bitcoin, we use fiat for ages now and it will be very, very hard to make people change to bitcoin because it is still new to them

I couldn't agree more.
"Internet will never affect education and government, how nobody will ever get their news online over a good ol' fashioned newspaper, and how the concept of selling a product online is an absolute impossibility." - remember what Newsweek wrote about internet (1995).

Same relevance for how some people think about bitcoin today.

[richjohn]

Actually we don't really need knowledge in using bitcoin if we already rich and use it just to buy goods. I think what you mean about stupidity in using bitcoin is that we need some talens in multiplying bitcoin like in trading and investments. Of course not all of us has given this skill on such areas that is why we cannot deny that there is really some people who are dumb in using bitcoin and are keeping complaining.

[arwin100]

It's not just that people just don't like change (unless it's the coin kind).  Heck I can't get my Mom away from rotary phones not alone use a new kind of money for things.  

that's normal, people are used to old things and even afraid of new technologies, they used old phone for example for 20 years and they won't go to new phone in days

same with bitcoin, we use fiat for ages now and it will be very, very hard to make people change to bitcoin because it is still new to them

I couldn't agree more.
"Internet will never affect education and government, how nobody will ever get their news online over a good ol' fashioned newspaper, and how the concept of selling a product online is an absolute impossibility." - remember what Newsweek wrote about internet (1995).

Same relevance for how some people think about bitcoin today.

Maybe because they really dont know what bitcoin is because bitcoin is unknown for those people who are not expose on internet or adventorous on world wide web. But for those who know like us is we know its potential thats why where here. I hope someday people will be educated by this. Many people can be help for using bitcoin. It can be a temporary solution for unemployment. All need for those people who didnt know is education for bitcoin.

[Amph]

It's not just that people just don't like change (unless it's the coin kind).  Heck I can't get my Mom away from rotary phones not alone use a new kind of money for things. 

especially if those change does not offer anything really worth it to change, for the average joe having bitcoin instead of fiat is not considered a groundbreaking thing, so they discard it

[bakingbad]

"People are just too stupid to use bitcoin right now,” I overheard someone argue at a bar a few weeks ago as we were discussing the potential of cryptocurrency. “Society’s understanding of where money comes from is the real challenge.

This is the whole article I read at cointelegraph

i wouldn't say that they are stupid, look at people that use bitcoin, trades it and other alt coins, and even gambles with them, and of course they spend them, so they really know what is bitcoin, but they are afraid to use it as main currency because they need time to get used to it more, but tehy aren't stupid

[The Sceptical Chymist]

I agree here as many don't take Bitcoins as a way to not pay taxes and its decentralization and ability to own the private keys of a wallet don't go well with the mass. They still prefer PayPal/Cards over Bitcoins as many websites/brands only make use of these payment methods. Also, there are way too many negatives written by media about bitcoins that people fear that it can be illegal to use this currency which is a untrue. It's just that crypto currency is not a convenient payment method for many and it's not easy to buy bitcoins online as well.

If I'm the average Joe on the street and my paycheck is in dollars and things are priced in dollars, why go out of my way to buy bitcoin just to spend it on things that I could just as easily buy with dollars?

It's not that people are too stupid.  Not by a long shot.

[calkob]

Have you not considered that maybe bitcoin is to complicated for the average person right now ?

[arwin100]

Have you not considered that maybe bitcoin is to complicated for the average person right now ?

Yes bitcoin is very complicated to the people who didnt expose to much in web. and even if they are always online of facebook theyr not still aware this is existing. lucky we are adventourous person and knoe about this and yet not were earning by bitcoins. And i dont think were stupid cause we earn by this were not wasting our time for nothing.