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Author Topic: How can we make people accept bitcoins as a currency?  (Read 3572 times)
NatalieBoyd43
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September 01, 2018, 10:13:11 AM
 #41

If more people are paying attention to Bitcoin on the positive side, I think there will be more Bitcoin response. Bitcoin is hard to become a currency but can be exchanged widely as currency. It depends on the common effort of the people.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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September 01, 2018, 10:16:08 AM
 #42

Must be able to provide good trust and prove all the convenience when dealing with bitcoin I think in that way every individual can accept bitcoin as a currency
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September 01, 2018, 10:16:40 AM
 #43

If more people are paying attention to Bitcoin on the positive side, I think there will be more Bitcoin response. Bitcoin is hard to become a currency but can be exchanged widely as currency. It depends on the common effort of the people.
It's just a matter of patience and dedication to convince them what we believe in. We must do everything we can so that we will be able to make them accept our belief. In order for them to accept bitcoin we must first do something good. We must catch their attention so that their interest will be hook and we can convince them.
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September 01, 2018, 10:17:53 AM
 #44

Bitcoin is a decentralized digital currency which is meant for P2P transaction without any a third party interference. It is not for investment or for trading but purely for payment of services and goods. Go and have a look at Bitcoin whitepaper you will never see investment or trade there. Every evil that is attributed to the use of bit coin is a result of abuse by men and not from Bitcoin ideology. If we use bitcoin for what it is meant for  there will be no evil attached to bitcoin.
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September 01, 2018, 10:19:34 AM
 #45

If more people are paying attention to Bitcoin on the positive side, I think there will be more Bitcoin response. Bitcoin is hard to become a currency but can be exchanged widely as currency. It depends on the common effort of the people.
Yup, thats absolutely right. And somehow bitcoin will eventually be accepted all over the world and as a trade able currency.
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September 01, 2018, 10:24:05 AM
 #46

Bitcoin is a decentralized digital currency which is meant for P2P transaction without any a third party interference. It is not for investment or for trading but purely for payment of services and goods. Go and have a look at Bitcoin whitepaper you will never see investment or trade there. Every evil that is attributed to the use of bit coin is a result of abuse by men and not from Bitcoin ideology. If we use bitcoin for what it is meant for  there will be no evil attached to bitcoin.
A very fine explanation of why scams exist. This is really one of the reasons due to which we see a lack of acceptance of bitcoins.
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September 01, 2018, 10:56:13 AM
 #47

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

it is very difficult to get rid of the bad impression that is, it started with a lot of ICO scams, most people have been deceived and it has a negative impact on bitcoin and cryptocurrency, I hope that later there will be a solution to solve this problem.
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September 01, 2018, 11:03:20 AM
 #48

A lot of people are already accepting bitcoin as a currency. It is just not publicly being recognised yet. We got to push it more out by promoting and help marketing the advantages of using bitcoin for it to be fully accepted.
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September 01, 2018, 07:33:50 PM
 #49

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 already wrote somewhere that as soon as large companies begin to accept the crypto as a currency for their services, then immediately the whole world in a very short period of time will pass to the crypto currency. Google, Facebook, Amazon, Visa Mastercard etc.
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September 01, 2018, 08:29:38 PM
 #50

Just shove it down their throat Cheesy jk

If you follow the news there is a lot of negativity surrounding crypto currency. A lot of exchanges that were hacked, people lost money, increased volatility etc. These "scare crows" are keeping people away from crypto currency. Not to mention that Google & Facebook are against crypto and this is influencing a lot of people world wide.

I think the best thing to do would be to increase the information about these, so people understand what's it all about and maybe try to regulate it.

That's right . not all the information in the internet are 99% true.Seek external advice .
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September 01, 2018, 08:47:23 PM
 #51

It is really going to be a hard target, because of if something scammy happen people rather use to judge bitcoin, but they forget those people who are standing behind the scammy scheme.
I think the root of the problem in the mass media sources, which announce a crash of a new crypto scheme scam. Usually they do not make a point that it's not bitcoin's fault, but people organized the scheme. But I really do not know how the problem could be solved.
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September 01, 2018, 08:58:31 PM
 #52

The security and reliability of the markets, the tokens and the products must be well defined and uses known, that way the  iota of doubt and fear of ambiguity is forever removed and settled after all no one is so daft and stupid as to just think that there is free money anywhere and of all places on the internet. they would be convinced when they see the results in our own lives.

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September 01, 2018, 08:59:54 PM
 #53

The main problem is the prohibition of governments to convert crypto currency into fiat money.

If Fiat can be easily and conveniently converted into crypto-currencies and vice versa, then everyone will use crypto-currencies

EmmaBen
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September 01, 2018, 09:55:14 PM
 #54

Many people are not digitally inclined. Some abhor electronic money, they prefer the hard cash. And, this set of people will always be there. Bitcoin is for the future generation. Accepting it is also dependent on instituting suitable academic curriculum for students to be exposed to a relatively newly evolved digital way of transacting business
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September 01, 2018, 10:30:10 PM
 #55

we need to tell them every truth we know about bitcoin- Discuss the nature, advantages and the risks involved in bitcoin investment.
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September 01, 2018, 10:49:34 PM
 #56

I think the best way to make people accept bitcoin is through the following ways;
1. Let them know the pros and cons of it and Especially the dangers and risks entangled.
2. Every one loves money, let them know it is money and how it can be made.
3. Make them understand that it is legal and not a scam as many people may think.
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September 01, 2018, 10:50:33 PM
 #57

Many people are finding it difficult to adopt bitcoin bcos of it complex state of use , finding it hard to manage public key , private key and understand blockchain technology
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September 01, 2018, 11:03:02 PM
 #58

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



Generally your right mate bitcoin are not scam people are use bitcoin or crypto to get easy money using their talent in the bad ways earnings.

Bitcoin is a new decentralized currency bitcoin is creating from the new technology to help for the people getting better lives but some people clearly use it for the wrong ways, that's why bitcoin becomes negatives effect from the community because for the people making not good.

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September 01, 2018, 11:52:40 PM
 #59

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

We must give them the right information about bitcoin. Tell them the benefits that we can get from bitcoin if invest on it. Its really hard to convince others especially when they dont have any idea about it. Bitcoin is not a scam but people use it to scam other people



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September 02, 2018, 12:45:34 AM
 #60

It would be hard to pleased people if they have heard the negative feedbacks about bitcoin so if i were you should tell just a brief information about bitcoin then that's it. let you success do the talking.



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