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Author Topic: How can we make people accept bitcoins as a currency?  (Read 3593 times)
Sutters Mill
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September 12, 2018, 09:33:15 AM
 #261

A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are. Undecided


You can't make anyone accept bitcoin nor do I think we should. All we should be doing is spreading the word and adoption, but not by force or fear. If you're introducing bitcoin to someone then do so from a neutral perspective and explain both the benefits and risks. Yes, there are scams and thefts but there are scams and thefts with fiat money. Explain why these thefts happen and how you  can protect yourself against them, but don't even try sell them bitcoin as sure-fire guaranteed way to make money as it isn't and that often rings alarm bells for people and scares them off.
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September 12, 2018, 10:42:01 AM
 #262

A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are. Undecided


  • Tell them that this is an online currency / online money system that cannot be controlled by the government!
  • Show them what the value of bitcoin was a few years ago.
  • And say Bitcoin will continue to get better and better. will be increasingly used.

Well, Explanation is the most difficult part of teaching someone about bitcoin or Blockchain or even about exchanges. But, maybe some people will understand it in their native language. Therefore, I think, a simple way to convince people about Bitcoin is to provide an explanation in a language that is easily understood by them.
This is a very valuable suggestion to explain people in a language that they understand.
rnssol (OP)
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September 12, 2018, 11:56:11 AM
 #263

The cryptocurrency needs to be regulated somehow, so there won't be a lot of scammers. These scammers should be held accountable for what they doing.

We surely need some serious regulations to keep the scammers under control.
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September 12, 2018, 01:07:51 PM
 #264

A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are. Undecided


I don't think you have any obligation to convince anyone that bitcoin or any other cryptocurrency is not a scam.

Yes. Just don't mind them, let them be. It's up to them if they will believe that bitcoin is a scam forever and letting that fear eat their minds. If I were those people, I'll feed myself with information regarding bitcoin and hopefully, change their mindset.
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September 12, 2018, 03:04:47 PM
 #265

It's not easy to make people believe that bitcoin can because of the scams.. Well scamming is a part of life.. Even in fiat there's so much scam but we still using that currency i think bitcoin can be currency if there is no choices..
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September 12, 2018, 03:46:16 PM
 #266

People need to get educated about crypto space and blockchain, before they begin to use crypto currencies including Bitcoin. Sometime people lose their cryptos due to lack of information and simple knowledge. Newbie adopters need to understand that cryptos at this point are very volatile and they might not hold value as assumed. Another critical thing is to know how to secure their cryptocurrencies and how to trade them on crypto exchanges.

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rnssol (OP)
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September 13, 2018, 04:51:25 AM
 #267

People need to get educated about crypto space and blockchain, before they begin to use crypto currencies including Bitcoin. Sometime people lose their cryptos due to lack of information and simple knowledge. Newbie adopters need to understand that cryptos at this point are very volatile and they might not hold value as assumed. Another critical thing is to know how to secure their cryptocurrencies and how to trade them on crypto exchanges.
There should be a way to educate them properly on why is there a need for cryptos.
rnssol (OP)
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September 13, 2018, 05:40:12 AM
 #268

It's not easy to make people believe that bitcoin can because of the scams.. Well scamming is a part of life.. Even in fiat there's so much scam but we still using that currency i think bitcoin can be currency if there is no choices..
We seriously need a regulatory authority specified for blockchain.
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September 13, 2018, 10:19:28 AM
 #269

A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are. Undecided



All abouy your saying is bitcoin site investment scam such as site scammers for investors so they afraid invest to in a real bitcoin even this is not a scam but if we discuss bitcoin here all investors afraid in bitcoin will have a option to have an idea to invest.

Blackhammer321
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September 13, 2018, 10:22:33 AM
 #270

A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are. Undecided


You should state first what is the purpose of bitcoin. First things first, you need to define everything for better understanding. Then if he questions then you probably need to answer it with proof. We need to have a proof in all the words we will say about bitcoin because there are lot of fake news and more often those are negative, but then it is the faith of the users in the end.
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September 13, 2018, 11:04:09 AM
 #271

We should discuss it deeply for them to understand it well and by simply implementing it with the help of the heads of the state, maybe when that time comes bitcoins will be regulated so as the other crypto currencies.

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September 13, 2018, 02:27:42 PM
 #272

That is true. Some people just want to scam other people for their happiness.  That is why some of the people nowadays do not believe in bitcoin or in any other cryptocurrencies out there. In the future, I hope bitcoin will be accepted in every country and it will be used in our daily life.

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September 13, 2018, 02:48:46 PM
 #273

A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are. Undecided


You should state first what is the purpose of bitcoin. First things first, you need to define everything for better understanding. Then if he questions then you probably need to answer it with proof. We need to have a proof in all the words we will say about bitcoin because there are lot of fake news and more often those are negative, but then it is the faith of the users in the end.
I think we do not need too much attention to people who feel bitcoin is a scam and do not want to invest, we do not even need to explain any questions to others about bitcoin because the truth is so obvious and they can easily find the correct answer through the internet. People have enough intelligence to know the answer is right or wrong, if they are still disturbed by the fake news and rumors, it's just their stupid, we should ignore them because our time is spent on more interesting things like making more money and getting richer through bitcoin

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September 13, 2018, 02:59:14 PM
 #274

A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are. Undecided


In general, convincing someone who already has some specific opinion about something is very difficult. And indeed, the large number of ICO projects that turn out to be scam do not help the good image of the crypto world and the BTC.

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September 13, 2018, 03:10:51 PM
 #275

It is very difficult to encourage people to accept bitcoin as a currency because it is ingrained in bitcoin fraud.
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September 13, 2018, 03:33:04 PM
 #276

It's really hard to make these people accept bitcoin as a currency if they themselves are already reluctant for change or perhaps their minds were already poisoned by the wrong information and negative feedbacks by others. So let them stay where they are because in the right time, they will be enlightened and will regret about their wrong perceptions toward bitcoin.

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September 13, 2018, 03:39:33 PM
 #277

A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are. Undecided





I think people will accept bitcoin only as a currency when government make it legal in our country. Actually there are so many people accept it but they accept it secretly.

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September 14, 2018, 01:30:54 PM
 #278

We must educate those who still lack understanding about bitcoin. We must give good and right direction about the definition and purpose of bitcoin. Explain to him what are the benefits of bitcoin for our lives, and also for investment in the long term.

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September 14, 2018, 01:59:30 PM
 #279

Every day more and more people learn about the crypto currency, well, all this knowledge is far off, you need more time and then most people will go to bitcoin.
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September 14, 2018, 05:10:31 PM
 #280

Personally I don't even believe on this industry I thought it was all scam until I saw some stores and shops that accepting crypto as payment. For me as stores and government consider consider and accepts crypto as payment no doubt they will believe on this industry too. More studies and commercials about crypto to be more realistic for other for them to believe. This is only my opinion and suggestion though. They have their own and personal belief though.
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