In terms of acceptance of bitcoins...

[hawthelegend]

in our world today, lots of people have accepted bitcoin and has been using it.
But the majority, still won't accept the concept of bitcoin and its usefulness and still prefer fiat money.
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??

[amacar2]

As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??

Majority of people who claims they are not in love with bitcoin are still holding large number of bitcoins because even a child can understand the future potential of bitcoin. And who don't love to make cross border transactions with minimal fee and almost instantly?

Many have already started to use bitcoin and this number will grow exponentially within next few years. No, it is not a childish dream..

[Ayers]

in our world today, lots of people have accepted bitcoin and has been using it.
But the majority, still won't accept the concept of bitcoin and its usefulness and still prefer fiat money.
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??

i think without the block limit fixed the other people, not tech savy will not accept bitcoin, no one of these people will ever pay $1 or more to send $10 or so, these people are the oen that don't move much money and they often do micro transaction, and bitoin is bad at micro transaction, if we can't solve this i'm afraid bitcoin won't be accepted in all part of the world

[danherbias07]

It is not a childish dream.
It can happen. Just need a little more push for it to work out.
Being pessimistic wont help. It will just make it worse.
We are here and so do you. Aint that all the reason we need to keep thinking that somehow they will bump with bitcoin.
Maybe in a different way unlike ours. But still as long as they are browsing the internet it will go to them.
One by one is okay as long as it grows.

[BrewMaster]

there are a couple of obstacles in front of any person or business to accept bitcoin in my experience:

• understanding: many don't understand bitcoin, mostly older generation who are used to the old ways that don't even like using credit cards or online payments and such.
• legality/regulations: this one is the biggest obstacle in my opinion. bitcoin may not be illegal in majority of countries but it is not regulated either. and that prevents many from buying it or businesses to adopt it because they are worried about its future and how the government with deal with them in case they use bitcoin, it may be misconception in there too.
• scaling: i think we all know how big the mempool currently is.
• misunderstanding: this one is different from the first one. it is knowing what bitcoin is and investing in it but only for the profit when they sell it or for silly things like cheap transaction. and not because it is a secure decentralized peer to peer currency with a great level of privacy.

[Junko]

It always takes time for everyone to accept new innovation and technology when it first comes out. But eventually they do - or at least enough of everyone does because they find the utility of that new technology or innovation to be useful. Those that don't, just get left behind. Some examples: cassette tapes > CD, VHS tapes > DVD, mobile phones, computers, internet, laptops. And going further back in history: electricity, television, cars, airplanes, etc. etc.

[fortress]

Circumstances will make people accept this concept. The tendency is that all fiat currencies will fall in value in the long term, and this is already possible to realize in some countries like India and Venezuela.

[MingLee]

in our world today, lots of people have accepted bitcoin and has been using it.
But the majority, still won't accept the concept of bitcoin and its usefulness and still prefer fiat money.
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??

I don't think it is necessarily closed minds that you're concerned about, you're more concerned about a system that limits everyone to using fiat exclusively and punishes those who try to use something otherwise, assuming that you think of this as the average person looking inwards.
Fiat is already a system that is designed to screw most people over through loss of value over time, and people are raised in a society where something like that is the only thing they know. It's not necessarily closed-mindedness but more a lack of wanting to change.

[erikalui]

If BU/SegWit is passed, I don't think it would take long for more brands to accept bitcoins. With the current issues of confirmations, hacks and block size limitations, many brands like Amazon are still reluctant to accept the currency and the size too is quite unstable. They would also need to convert it into fiat to earn profit. Currently, Japan has a large number of companies accepting bitcoins which is just the first huge and positive step for us.

[goinmerry]

in our world today, lots of people have accepted bitcoin and has been using it.
But the majority, still won't accept the concept of bitcoin and its usefulness and still prefer fiat money.
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??

Just don't think of it too much and let it grow the normal way. Look at how it is today.

As you already stated, lots of people have accepted bitcoin and has been using it, meaning there is progress and development in terms of numbers of people using bitcoin. You will not noticed that in the first place if still only few using it depends on your observation. Overall, the growth is continous while time passes by.

[bamboylee]

I am sure they can understand the concept of bitcoin right now but they cannot use it in place of fiat yet because of scaling problems. Maybe if ever this problem will be solved someday, others will be more open in using bitcoin. It is hard to use bitcoin in place of fiat when you have to wait for long confirmation time or pay high fees.

[Kprawn]

Bitcoin has a had a very rocky start with some huge stumbling blocks. Any other new technology would hardly have survived scandals like

Silkroad and Mt Gox and also the myriad of other hacks that has occurred over it's history. Yes, there will be some people pushing against change,

but as it gets more known... people will start to move over to Crypto currencies. 

[pixie85]

If BU/SegWit is passed, I don't think it would take long for more brands to accept bitcoins. With the current issues of confirmations, hacks and block size limitations, many brands like Amazon are still reluctant to accept the currency and the size too is quite unstable. They would also need to convert it into fiat to earn profit. Currently, Japan has a large number of companies accepting bitcoins which is just the first huge and positive step for us.

If BU gains acceptance, which is almost impossible in its current state, Bitcoin will become buggy and vulnerable. I don't think stores are waiting for that to happen.

You are wrong, people won't have to convert to earn profit because the growing value of Bitcoin brings them constant profits. Store owners don't need to convert, as long as their suppliers accept Bitcoin.

[Velkro]

how much time do you think it would take for everyone to accept the concept of bitcoins??

Its not about time, if enough people will be paying with bitcoins, retailers will be starting race who will accept bitcoins (understand also) first.
They want sell, they don't care about bitcoin, not their world, so tipping point is enough people use it for shopping.

I think Bitcoin is better at store of value tho coz scaling problems.

[hasiramasenju]

it took more process if bitcoin want to acceptable for every society because the mind of every person will not be same especially who doesn't really understand what is bitcoin and they will felt strange with digital currency and more likely to choose paper money than that however probably someday they will open their mind and starting use bitcoin and for now on we should be more patience when introduced bitcoin to them

[concept2]

in our world today, lots of people have accepted bitcoin and has been using it.
But the majority, still won't accept the concept of bitcoin and its usefulness and still prefer fiat money.
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??

well, I do not expect that many people will accept Bitcoin in my country because of the lack of technology and knowledge. Moreover, Bitcoin have just existed on the planet for 8 years. 8 years is a short time for a new kind of currency to become a gobal currency

[skorupi17]

in our world today, lots of people have accepted bitcoin and has been using it.
But the majority, still won't accept the concept of bitcoin and its usefulness and still prefer fiat money.
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??

This is possible but asking when, no one is certain. Years, it will take years for this to happen and by how much, no one knows. Oven close-minded person will change if majority of people will start using bitcoin. It is a matter of peer pressure. Though we cannot force everyone to use bitcoin, all will be in place and no one could hinder it.

Everyone to accept bitcoin is kind of blurry to me, but nothing is impossible right, so we'll see. If ever not everyone will be engaged in bitcoin, we will see majority will.

[mrcash02]

Biggest part of world population are like sheeps, while media, governments, "fashion" people won't tell them to use Bitcoin, they won't use it.

It will take a lot of time until more people start using Bitcoin, for now less than 0.05% of world population uses it, it's a very low percentage, takes too much time to reach to at least 3%-5%...

[iluvpie60]

in our world today, lots of people have accepted bitcoin and has been using it.
But the majority, still won't accept the concept of bitcoin and its usefulness and still prefer fiat money.
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??

The people who prefer fiat currency are middle class and richer people. The US Dollar has gone done by a ton in terms of real buying power. You used to be able to but a hershey chocolate bar for 5 cents, now it is a dollar or more. People don't understand this in America.

[Betwrong]

in our world today, lots of people have accepted bitcoin and has been using it.
But the majority, still won't accept the concept of bitcoin and its usefulness and still prefer fiat money.
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??

It looks like it starts to happen right now. $2k+ for 1 BTC. Who would have dreamed of this one year ago? Now it will be hitting the news more than before and hence we'll see more and more adopters. And with new adopters the price will rise even more. And then even more news. And so on indefinitely.