What Are Reasons for 1% only in Cryptocurrency

[mktpromp]

There are many factors behind this. First of all, not many people go out of their comfort zone, I mean to say, many are happy with traditional fiats. Haven’t seek alternatives. Then, Crypto is a little bit complex for the starter to understand. But mostly, I would say, Bitcoin failed to reach greater people for different reasons. But a lot of people are getting attracted to Bitcoin.

[worldtraveller321]

will take time, to get more exposure on this

[bartolo]

What type of reasons do you think that only 1% of the world is really into bitcoin and other cryptocurrency?

On the one hand, we have the FUD, when people read articles about cryptocurrencies in mass media they come to the conclusion that cryptocurrencies are something negative and risky. On the other hand, there are not many places where people can use or spend their cryptocurrencies.

[BrentMack]

Not a lot of people know about bitcoin, some know about bitcoin but do not understand what it is being used for which means they do not know enough to invest and some do not hve the money or gadgets needed to invest in the market, all in all it will just take time for more people to come in.

[MakeMoneyBtc]

Because not everyone likes bitcoin and it is not very easy to work with it, speaking about an ordinary person who doesn't know much about the online stuffs. Even if this whole process of bitcoin seems very easy for us the ones that know how it works,for a newbie it seems like something very complicated and something where they could lose their money because they think this is to complicated to learn. For example credit cards are super easy to use because you just have to walk a few feets from your home and insert the card into the atm and select what operation you want. I think that the vast majority of people own a credit card. With bitcoin things are not that easy. You have to create a wallet, secure it then find a good exchanger to buy bitcoin from and some of them dont accept credit cards so you have to create extra accounts on different payment systems. After all of this you cannot use bitcoin anywhere to pay for what you want and there is also the possibility that your bitcoins price will drop and you lose money. So there is only a limited category of people that want to learn and understand bitcoin and that is not so big.

[melonbtchunter]

1% is only in cryptocurrency, because many people still can not understand how it is working and how it works.
If blockchain uses technology, people may be able to learn and learn a bit. I think people will be excited about Bitcoin in the future.

[RamonBTC]

Most people are negative about technology and development as they say, “we can’t control it”, what if it goes offline?. It’s a scam and many more excuses, but in reality they’re just afraid of the fact that they doesn’t know anything about bitcoin and blockchain.

We wanted to be dictated by rich people than just by a computer program. They exaggerating things they don’t understand.

It’s our humanity that’s recognized survival and government won’t accept as they are the law of the land. They and the bankers don’t want this money to be on us, but from them alone. “Monopoly”.