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Author Topic: How can we make people accept bitcoins as a currency?  (Read 3577 times)
rnssol (OP)
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August 31, 2018, 09:36:51 AM
 #21

We don't need to force them to accept it, let the whole ecosystem learn the system of cryptocurrency. Anyways bitcoin dont want us but people needs bitcoin, so I think government will open up this kind of thing.
Well most probably we need the governments to be involved and we need social media sites to acknowledge the fact that people need bitcoins and not bitcoins need the people!!!
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August 31, 2018, 09:44:31 AM
 #22

There is somewhat model that looks like bank, which is centralized, and its 100% need connectivity of internet in order to transact, and its incredibly fast. So, why would we use bitcoin to do transaction beside trading it?
rnssol (OP)
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August 31, 2018, 10:25:38 AM
 #23

There is somewhat model that looks like bank, which is centralized, and its 100% need connectivity of internet in order to transact, and its incredibly fast. So, why would we use bitcoin to do transaction beside trading it?
Well bitcoins are not only limited to trading. Bit coins have functions beyond any limitations. Bitcoin is money not just an asset!
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August 31, 2018, 10:32:51 AM
 #24

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

for trading or as a currency? I think that is two different things, I think people will be more interested if you explain bitcoin as an asset because the profits will be huge, but we cannot cover that a scam might happen, let him choose and consider to join the market.

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August 31, 2018, 10:36:00 AM
 #25

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 hard to convence or encouraging people whom does not understand about bitcoin currency.for now some are believed that it was an scam kind of online thats why it depends to the people who wanted to.maybe they have fear too.

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August 31, 2018, 10:40:45 AM
 #26

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

The thing is that people need to study any subject before dealing with it. The same applies to bitcoin. Crypto-currencies are afraid only of those people who know almost nothing (or very little about it). Improving the quality and level of knowledge about cryptocurrencies will lead to complete peace of mind and a pleasant investment in the cryptocurrency market right now.

nickdiaz209
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August 31, 2018, 10:41:55 AM
 #27

People just need to start appreciating btc and that's it.
rnssol (OP)
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August 31, 2018, 10:47:29 AM
 #28

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

The thing is that people need to study any subject before dealing with it. The same applies to bitcoin. Crypto-currencies are afraid only of those people who know almost nothing (or very little about it). Improving the quality and level of knowledge about cryptocurrencies will lead to complete peace of mind and a pleasant investment in the cryptocurrency market right now.
Yes this is a good point as well. We need to remove any negative thinking that they might have regarding bitcoins. We should educate them using facts and figures.
solarion
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August 31, 2018, 10:54:38 AM
 #29

There is somewhat model that looks like bank, which is centralized, and its 100% need connectivity of internet in order to transact, and its incredibly fast. So, why would we use bitcoin to do transaction beside trading it?

Banks are centralized mate but the bitcoin and most of the cryptocurrencies are really on decentralized cryptocurrencies only, so I want to find the bitcoin should be accepted as the decentralized marketplace with the payment widget means it will be work better.

Then I really want to people believe on cryptoucurrencies and make their investment to grow the bitcoin and as well its price value.
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August 31, 2018, 11:03:04 AM
 #30

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 can state them what are our experienced with bitcoin. The positive experience in which you just need to be smart enough in choosing where to invest or what to use, because in bitcoin it is how you play. With this, the market stability maybe a problem but make sure that the analyst predictions are true and realistic.

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August 31, 2018, 11:25:07 AM
 #31

I think that time will put everything in its place and only after a certain period of time it will be possible to understand whether we forced people to take massively bitcoin or not

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August 31, 2018, 11:48:38 AM
 #32

It will be hard to convince people to join the crypto world especially if they already have presumptions that it is a scam. It is also because they do not understand how cryptocurrency really works that makes it hard for them to accept bitcoins as a global currency. There is not much that we can do except try to avoid and perhaps identify scammers and hackers and hope that the crypto world will be a bit better, less unpredictable and more secured so that more people will join in, right?
ScottDominic
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August 31, 2018, 01:28:47 PM
 #33

Scammers, hackers, robbers, thief are always there in every kind of business and we should always become careful and conscious and also use the best security system and that would be enough I think.
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August 31, 2018, 05:54:48 PM
 #34

The most difficult job in this world is convening people in some purpose because people believe only those things which they see and it has become more difficult in this case because bitcoin is a virtual currency.
rnssol (OP)
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September 01, 2018, 09:54:22 AM
 #35

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 can state them what are our experienced with bitcoin. The positive experience in which you just need to be smart enough in choosing where to invest or what to use, because in bitcoin it is how you play. With this, the market stability maybe a problem but make sure that the analyst predictions are true and realistic.
Yes that is a good point. we can share our positive experiences with them so that they can understand that bitcoin is not a scam and has a real valuee.
rnssol (OP)
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September 01, 2018, 09:57:13 AM
 #36

It will be hard to convince people to join the crypto world especially if they already have presumptions that it is a scam. It is also because they do not understand how cryptocurrency really works that makes it hard for them to accept bitcoins as a global currency. There is not much that we can do except try to avoid and perhaps identify scammers and hackers and hope that the crypto world will be a bit better, less unpredictable and more secured so that more people will join in, right?
But if we will just believe that it is hard to convince people to accept bitcoin, then bitcoin can never increase in its value. We certainly need to attract people towards bitcoins.
rnssol (OP)
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September 01, 2018, 09:58:57 AM
 #37

The most difficult job in this world is convening people in some purpose because people believe only those things which they see and it has become more difficult in this case because bitcoin is a virtual currency.
Surely until a government intervenes we can not attract much people because as you say they are only attracted to what they can see.
rnssol (OP)
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September 01, 2018, 10:01:15 AM
 #38

Scammers, hackers, robbers, thief are always there in every kind of business and we should always become careful and conscious and also use the best security system and that would be enough I think.
Well this is a great answer. We always have scams and thefts even with our fiat money, so we should understand and prioritize our money's security.
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September 01, 2018, 10:04:38 AM
 #39

Coz its very volatile. Imagine I sold a product for 1btc at $7000 and BTC dips to $6000. I won't like it
rnssol (OP)
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September 01, 2018, 10:11:28 AM
 #40

Coz its very volatile. Imagine I sold a product for 1btc at $7000 and BTC dips to $6000. I won't like it
Although this is a good example but eventually when bitcoin will gain acceptance it will be less volatile. And not only bitcoins are volatile but all other currencies as well.
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