How can we make people accept bitcoins as a currency?

[smile1218]

Please come again. which 'people' are you referring to here, the people who invest in bitcoin or those who are accusing bitcoin as scam?

I am referring to the people who are accusing bitcoins to be scams and fake currencies. I have friends who invested their money in scam bitcoin wallets and lost them. Now they believe that bitcoin all and all are scams.

I think the scammers are the people who are greedy that who wants to have a lot of bitcoins. Please bear in mind that you should not entrust your investment to anyone and make sure you are personally manages your investments  if you do not want to be scammed.

[Vaflia]

First of all, I think we need to get state regulation. When bitcoin and other cryptocurrencies get state support people will stop being afraid to invest.

[mfyilmaz]

I think the main reason why a shop doesnt want to accept bitcoin is its violatility... a currency that can go 20% up or down a day is not a good payment method for them, but on the other hand the more people accept bitcoin the less volatile it will become as the market will groß and the supply and demand wont be seasonal... but this is only theory. On the other hand most small shop users dont know how to do handle bitcoins so there should be a payment gateway for them to easily accept bitcoins which are converted in the actually market price to whatever currency and that goes to his bank account... an easy solution is always a way to go for mass adoption.

[CrashLamb]

There are some security issues regarding bitcoin which are creating a fear in the mind of users and they are back stepping to use bitcoin. The security issues regarding wallets containing the coins have seen many times and investors came to the roads by vicious activities by hackers. This issue must be solved.

[BitTheLight]

bitcoin may not be an aphoristic currency since it is electronic money, in General cheaters are people who are interested in investing their money and any sposabami tries to vymenit they have . Yes there is a risk that you will invest more money than you earn

[CrazyHarpy]

There is no stability in the price of bitcoin. In December 2017, its price was around $20000 but now the price of a bitcoin is just above $6000. I think there will be a stability in the price when SEC will give the permission of ETF to bitcoin.

[isllander]

I think the whole question is in the stock exchanges. Bitcoin's trust has not been lost, but it has dried up to the stock exchanges. It is necessary to pull all the structures.

[Kamote_1102]

There are a lot of ways to show the people that Bitcoin is not a scam. I tried it before. I showed my proof of earning from Bitcoin to my friends and family. some of them believed. but, some of them told me that Bitcoin was just a scam. that's why I learned that we can't force people to believe us whether you show them proof or not. and maybe they had their own reasons why they don't want to get involved with cryptocurrency.

[cryptocamacho4785]

To make people accept bitcoin as currency government has to come forth and pay attention to BTC. If it is being recognized by govt. more the acceptance by mass people would be easier.

[bitcoindigger71]

It is true that govt. needs to step in BTC but along with that one more essential thing to do is making people more acknowledged about bitcoin’s pros and cons.

[felicita]

i guess its still accepted as currency 
I can pay my hosting and Domain since years now with bitcoin.
Also i can pay all food delivery services with Bitcoin.
So i guess this is great starting soon we can pay more and more with it !



kind regards

[KingKongBong4152]

If people in general get the more positive impression about BTC instead of getting discouraged by FUD and scams then it is possible for BTC to be extendedly accepted by people worldwide.

[Hell-raiser]

I think the main reason why a shop doesnt want to accept bitcoin is its violatility... a currency that can go 20% up or down a day is not a good payment method for them, but on the other hand the more people accept bitcoin the less volatile it will become as the market will groß and the supply and demand wont be seasonal... but this is only theory. On the other hand most small shop users dont know how to do handle bitcoins so there should be a payment gateway for them to easily accept bitcoins which are converted in the actually market price to whatever currency and that goes to his bank account... an easy solution is always a way to go for mass adoption.

That's true though the issue with volatility can be easily resolved by using payment processors (which are the same gateways you mentioned yourself). These are like Visa or MasterCard (which are also payment processors only for fiat transactions), and they process a lot of cryptotransactions at a time which allows them to effectively hedge against volatility bursts using liquidity providers (large exchanges like Bitfinex). It goes without saying that lower volatility itself would remove a lot of issues and unnecessary processes from the equation, and we seem to be if not quite there yet but at least already on the right track there with volatility of main cryptocurrencies visibly going down lately.

[minime0105]

WE can only spread the knowledge and the benefits cryptocurreny will bring to the world and explain how much of a game changer it will be as well as correcting the negativity so many people seem to get attracted towards.

[delegend]

It's for members to create an enabling atmosphere devoid of suspicion,embark on bitcoin education,boost investors confidence and improve on security against scammers.

[Gonzaleti]

Must convince people that bitcoin is a safe, easy and fast payment tool. Although it is not easy but it must be educated by proving that bitcoin is a digital currency, for the digital future something is certain. Show people about future technology, blockchain that can be applied in many fields or peer to peer direct payments that cut a lot of regulations, thus saving time, effort and costs.

[Julie PeaLarsen]

I think we need to provide documentation so that people can understand what Bitcoin is behind the bitcoin technology and then continue the problem so that they can apply it in practice.

[Aleshia696]

If we ask people to accept bitcoin, they will not accept it, its like a joke.I think bitcoin should improve it in some points. easy usablity, easy transaction, If there has any mastercard type transaction system , people would easily accept it.After all, they just have to understand it, because it will be the modern time currency.

[Indai24]

If we ask people to accept bitcoin, they will not accept it, its like a joke.I think bitcoin should improve it in some points. easy usablity, easy transaction, If there has any mastercard type transaction system , people would easily accept it.After all, they just have to understand it, because it will be the modern time currency.

We really can't force some other people to accept bitcoin, though bitcoin still have to improve on something but it's not that easy. Bitcoin already marked as a good investment and one of the best crypto currencies, if there is something to improve on at least it's just so minimal.

[lienfaye]

We cant coerce other people to use or engage themselves in bitcoin, they have their own reason why they dont want to. Plus the unstable price of this currency drive the users to just hold it instead of spending it to buy goods or any other services.

Here in our place they think bitcoin is a scam due to the recent incident involving btc, well the scammers use it as a tool to scam their victims hence those who saw the news thinking btc itself is a scam.