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Author Topic: People Are Just Too Stupid to Use Bitcoin Right Now  (Read 13456 times)
Enotche
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June 25, 2016, 06:02:50 AM
 #181

"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
They just dont understand how to use bitcoin cause they know it is very complicated that for them they cant use. They just dont know how bitcoin works and how do we earn
Yes, that's right. We need to promote Bitcoin, needed positive propaganda and possibly a massive debates and press conferences. People need to evolve in the technical field. But I fear that the older generation, the grandparents do not want this, they used to live in the old and new technology scares them.
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June 25, 2016, 06:52:37 AM
 #182

"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
They just dont understand how to use bitcoin cause they know it is very complicated that for them they cant use. They just dont know how bitcoin works and how do we earn
Yes, that's right. We need to promote Bitcoin, needed positive propaganda and possibly a massive debates and press conferences. People need to evolve in the technical field. But I fear that the older generation, the grandparents do not want this, they used to live in the old and new technology scares them.

And i think our main villain is the government theyre realy criticizing bitcoin because they dont want their economic flow will replinish by it and government knows bitcoins are used for fraud and any other illegal activies out there thats why some other countries banneds it from using, but really if bitcoin will successfully adopt surely many transactions will be easily done and surely people will get more benifits for the said technology.

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June 25, 2016, 07:27:44 AM
 #183

"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
They just dont understand how to use bitcoin cause they know it is very complicated that for them they cant use. They just dont know how bitcoin works and how do we earn
Yes, that's right. We need to promote Bitcoin, needed positive propaganda and possibly a massive debates and press conferences. People need to evolve in the technical field. But I fear that the older generation, the grandparents do not want this, they used to live in the old and new technology scares them.

If we are on this forum and we will see lots about Bitcoin but in reality and in real life, very few people know about bitcoin. We need a massive media programme to introduce this digital coin to the Masses.
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June 25, 2016, 07:36:59 AM
 #184

"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
They just dont understand how to use bitcoin cause they know it is very complicated that for them they cant use. They just dont know how bitcoin works and how do we earn
Yes, that's right. We need to promote Bitcoin, needed positive propaganda and possibly a massive debates and press conferences. People need to evolve in the technical field. But I fear that the older generation, the grandparents do not want this, they used to live in the old and new technology scares them.

But old people don't need to use Bitcoin or earn it because they have already a lot of fiat saved in their bank accounts and pension fund accounts. Also you are focusing our attention on Bitcoin being an online gig to earn some quick cash when in reality Bitcoin can be much more than that. If we could convince even the older generations that Bitcoin has its advantages over the fiat system the adoption battle will be half won already. However the Bitcoin market currently is mostly suited for speculators and younger computer geeks so that's that for now. People who use fiat don't need to use Bitcoin but people who use Bitcoin need to use fiat as well. If people would like to use Bitcoin and fiat the Bitcoin adoption will surge globally.

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June 25, 2016, 07:41:52 AM
 #185

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

Bitcoin is only for speculation and fiat for real world purposes. Bitcoin confirmations take so much time. imagine people trying to pay groceries in rush hour super market with bitcoin...

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June 25, 2016, 07:45:38 AM
 #186

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

Bitcoin is only for speculation and fiat for real world purposes. Bitcoin confirmations take so much time. imagine people trying to pay groceries in rush hour super market with bitcoin...

Bitcoin has a system that is best, in my opinion the level of confirmation in any transaction is very normal and it will not negatively affect. So the problem of confirmation in the bitcoin wouldn't be bad for us in the future. because it is now experiencing an increase in the number of bitcoin transactions.
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June 25, 2016, 07:49:31 AM
 #187

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

Bitcoin is only for speculation and fiat for real world purposes. Bitcoin confirmations take so much time. imagine people trying to pay groceries in rush hour super market with bitcoin...

Bitcoin has a system that is best, in my opinion the level of confirmation in any transaction is very normal and it will not negatively affect. So the problem of confirmation in the bitcoin wouldn't be bad for us in the future. because it is now experiencing an increase in the number of bitcoin transactions.

If you are talking about the delay in confirmation time then its not a big deal as it will be resolved in coming years, and if you hold coins then you should surely spend those coins.
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June 25, 2016, 07:50:44 AM
 #188

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

Bitcoin is only for speculation and fiat for real world purposes. Bitcoin confirmations take so much time. imagine people trying to pay groceries in rush hour super market with bitcoin...

i see no problem, the agency behind the grocery will just accept 0 conf payment, and everything will be instant, or off-chain with bitpay

with fiat they actually acvcept "0 conf" all the time...
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June 25, 2016, 09:54:40 AM
 #189

i wouldnt say people are too stupid to use bitcoin right now, more just a case of them having no reason or motivation to learn to use bitcoin because it doesnt benefit them. if they thought it would turn them into a millionaire over night then they would pick up how to use it very quickly7. But at the moment there is no reason for them to make an actual effort to learn.

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June 25, 2016, 11:39:40 AM
 #190

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

Bitcoin is only for speculation and fiat for real world purposes. Bitcoin confirmations take so much time. imagine people trying to pay groceries in rush hour super market with bitcoin...

That is one issue with bitcoins. We cannot use it on real time physical groceries stores because of confirmation times delay but then again it is also not available in physical stores yet.
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June 25, 2016, 11:45:49 AM
 #191

"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

Guy at the bar sounds like a real winner. As a community we should be asking ourselves how to best hide the technical details and make it easy to obtain so mass adoption is possible.
hermanhs09
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June 25, 2016, 08:46:41 PM
 #192

"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

Guy at the bar sounds like a real winner. As a community we should be asking ourselves how to best hide the technical details and make it easy to obtain so mass adoption is possible.
'

I think that a lot of people are to IGNORANT and not stupid to use btc because there is no point to waste your time on BTC right? thats what most of them are thinking and im not 100% why maybe because paper currency owns the world.

You can fix this by just teaching your friends the basics on how to use btc.
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June 25, 2016, 09:40:06 PM
 #193

I guess that people who said "use bitcoin is stupid" was buy bitcoin and take back his words 2 months ago,because now bitcoin price much better and i think people have no reason to not use or hold bitcoin.
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June 25, 2016, 09:53:22 PM
 #194

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

Bitcoin is only for speculation and fiat for real world purposes. Bitcoin confirmations take so much time. imagine people trying to pay groceries in rush hour super market with bitcoin...

Bitcoin has a system that is best, in my opinion the level of confirmation in any transaction is very normal and it will not negatively affect. So the problem of confirmation in the bitcoin wouldn't be bad for us in the future. because it is now experiencing an increase in the number of bitcoin transactions.

If you are talking about the delay in confirmation time then its not a big deal as it will be resolved in coming years, and if you hold coins then you should surely spend those coins.
even the current "bottleneck" problem on confirmation will be resolved in the coming years still need a time to get confirmed avg ~ 5 - 10 minutes
confirmation is part of blockchain system and can't be removed

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June 25, 2016, 10:00:20 PM
 #195

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

Bitcoin is only for speculation and fiat for real world purposes. Bitcoin confirmations take so much time. imagine people trying to pay groceries in rush hour super market with bitcoin...

Bitcoin has a system that is best, in my opinion the level of confirmation in any transaction is very normal and it will not negatively affect. So the problem of confirmation in the bitcoin wouldn't be bad for us in the future. because it is now experiencing an increase in the number of bitcoin transactions.

If you are talking about the delay in confirmation time then its not a big deal as it will be resolved in coming years, and if you hold coins then you should surely spend those coins.
even the current "bottleneck" problem on confirmation will be resolved in the coming years still need a time to get confirmed avg ~ 5 - 10 minutes
confirmation is part of blockchain system and can't be removed

I think this issue will be resolved in future so there is nothing to worry about delay in confirmation, and at this stage its good to hold coins instead of spending it.
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June 25, 2016, 10:17:50 PM
 #196

I prefer to be tolerant with all that people that prefer to depend on older economic systems, because ultimately we are just pioneers in this more advanced and technological economy. We need to be patient and accept that this innovative revolution will take long years in being gradually accepted by most people.
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June 25, 2016, 10:55:25 PM
 #197

Overall I agree with OP, but this is precisely why we will be rich, we are ahead of the pack, this is good. In a couple of years the rest will catch up.
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June 25, 2016, 11:18:07 PM
 #198

"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

More like unaware and you need an easy way to store and spend safely with no risk.  A hardwallet built into a cellphone would push crypto mainstream incredibly fast.

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June 25, 2016, 11:20:57 PM
 #199

Overall I agree with OP, but this is precisely why we will be rich, we are ahead of the pack, this is good. In a couple of years the rest will catch up.
To be honest, this sounds more like a series of neckbeards complaining about why people don't accept the things they do. It isn't that people are too stupid to use Bitcoin or aren't competent, it's that they simply aren't interested or don't care about Bitcoin and choose not to use it for that reason. I'm not skilled when it comes to computer science, and I can use this just fine. Everything is relatively easy and most people can figure it out.
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June 25, 2016, 11:30:50 PM
 #200

"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 think you are wrong. everyone will be using bitcoin because bitcoin is a reformer. I use bitcoin because bitcoin is easy to use and delivery via bitcoin transactions very fast. whenever and wherever I am.
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