Bitcoin Forum
July 07, 2024, 08:24:14 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 »  All
  Print  
Author Topic: How can we make people accept bitcoins as a currency?  (Read 3577 times)
rnssol (OP)
Jr. Member
*
Offline Offline

Activity: 56
Merit: 1


View Profile
September 11, 2018, 11:38:11 AM
 #241

I think that is a difficult thing because if we look at the negative side too patently and will result in large losses so that people will feel scared because the risk is too high especially if there is fraud most investors will be traumatized if it happens
Yeah that is the effect of bad news spread by the media, it needs a big power like the government to say that bitcoin is a safe currency and the legality of bitcoin has been made, of course there will be many people who then use bitcoin as a currency and many will receive it
So this means a word of mouth won't just be enough for people to openly accept bitcoins.
rosemary4u
Jr. Member
*
Offline Offline

Activity: 392
Merit: 1


View Profile
September 11, 2018, 11:57:01 AM
 #242

There are several avenues or ways by which we can propagate the good news of bitcoin to the people around us. We can easily do that through our social media interactions and how we make good of use of bitcoin and not just dump it, we can make the price better than it is at the moment.
rnssol (OP)
Jr. Member
*
Offline Offline

Activity: 56
Merit: 1


View Profile
September 11, 2018, 12:00:58 PM
 #243

There are several avenues or ways by which we can propagate the good news of bitcoin to the people around us. We can easily do that through our social media interactions and how we make good of use of bitcoin and not just dump it, we can make the price better than it is at the moment.
But the top social media sites have banned anything related to cryptos!!!
Raggie
Member
**
Offline Offline

Activity: 462
Merit: 10


View Profile
September 11, 2018, 03:25:29 PM
 #244

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


A lot of scam was causing cryptocurrency lost trust from investors indeed, you can see by the price of crypto in the market currently.
What we can do to make bitcoin accepted by many peoples is just by using bitcoin in every transaction we do.
If we use bitcoin often, peoples will ask and creating more awareness of cryptocurrency around us.
jozymens7
Member
**
Offline Offline

Activity: 392
Merit: 10

CurioInvest [IEO Live]


View Profile WWW
September 11, 2018, 03:41:02 PM
 #245

We cannot forcefully let people accept btc just like that. One thing we should know is that, learning about cryptocurrencies is a long and also a learning process which involves time. What we can do is that we should just explain it to them and if they accept thats all if they dont then you leave them. 

maskeffec
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250



View Profile
September 11, 2018, 03:41:23 PM
 #246

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's very difficult to encourage others to embrace and accept bitcoin as a currency especially for people who lack knowledge about this system but if most people think and believe that bitcoin will be a possible alternative to future non-cash transactions there might be a possibility that it will really receive it by everyone, but maybe it takes a long time for that.
Alexfir
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
September 11, 2018, 03:43:12 PM
 #247

People who are respected in society should use bitcoin
bit-freedom
Sr. Member
****
Offline Offline

Activity: 658
Merit: 256


View Profile
September 11, 2018, 04:25:17 PM
 #248

IMO, price stability and liquidity are two factors that are important. The high volatility in Bitcoin price is one big factor that refrain the people around me to invest in Bitcoin. Another factor will be the ease of buying and selling Bitcoin.
bajigur894784
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile
September 11, 2018, 04:43:09 PM
 #249

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.
fipper
Member
**
Offline Offline

Activity: 383
Merit: 10


View Profile
September 11, 2018, 04:51:32 PM
 #250

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 investors themselves sometimes are not sure of their own investment let alone explain to others that this investment is not a fraud I think it is very difficult to explain
riyarana1123
Copper Member
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile WWW
September 11, 2018, 05:06:54 PM
 #251

I think it is difficult to convince those people who become part of scams only those investors can motivate them by their success in bitcoin market.As well as governments can also take initiative in this by encouraging people for use of bitcoin because governments of different nations also earn huge income in the form of tax which is paid by investors.Only that can help to make people so they can accept bitcoin as a currency.

♛ SATURN♛
Liquidity providerfor crypto markets Cross-chain Exchange & OTC trading Platform
Ledy Alise
Member
**
Offline Offline

Activity: 237
Merit: 10


View Profile
September 12, 2018, 06:46:26 AM
 #252

I think it will depend on the businesses, the more businesses will accept bitcoin, the more people would use it. Everything starts with a possibility to use in everyday life.
Kristinalopez
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
September 12, 2018, 07:04:09 AM
 #253

First of all is the country that accepts Bitcoin, which allows Bitcoin to operate as a currency. Then list the benefits that Bitcoin brings to people's values.
yansen
Full Member
***
Offline Offline

Activity: 588
Merit: 106


View Profile
September 12, 2018, 07:24:24 AM
 #254

it's best to give someone a definition of bitcoin according to Bitcoin white paper. so when they plunge into the crypto world. they will not hesitate and fear. give them an understanding of the nature of the value of bitcoin and the risks. and say to use money as you dare to lose.
Wonderced
Newbie
*
Offline Offline

Activity: 47
Merit: 0


View Profile
September 12, 2018, 08:16:57 AM
 #255

people accept bitcoin as a money and many people who scams other people not know doing for that some people triggered and introduce of money banking and for that will accept people bitcoin as currency.
cosmoo
Hero Member
*****
Offline Offline

Activity: 729
Merit: 502



View Profile
September 12, 2018, 08:22:16 AM
 #256

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.
TentallyMooN
Member
**
Offline Offline

Activity: 392
Merit: 10


View Profile
September 12, 2018, 08:26:25 AM
 #257

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

If someone likes to think so, let them remain at their opinion. I do not see any reason for someone to prove anything. I have my own problems
 Smiley
Getcoinsite
Sr. Member
****
Offline Offline

Activity: 714
Merit: 260


View Profile
September 12, 2018, 08:35:56 AM
 #258

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


How can we tell them that bitcoin is a currency when the truth is we as cryptonians dont use it as what must it be?were keep on saying that this is a currency but we never use this to transact fot goods or even services instead we only uses this for trading and nothing else,before we tell people what is cryptocurrency we must let them see how we use it and whats the real function of this
julzcoinbit
Full Member
***
Offline Offline

Activity: 434
Merit: 105



View Profile
September 12, 2018, 09:20:50 AM
 #259

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


How can we tell them that bitcoin is a currency when the truth is we as cryptonians dont use it as what must it be?were keep on saying that this is a currency but we never use this to transact fot goods or even services instead we only uses this for trading and nothing else,before we tell people what is cryptocurrency we must let them see how we use it and whats the real function of this

Yeah, but due to some people lack of knowledge about cryptocurrency, especially in bitcoin and hesitate of bitcoin system due to some spreading fraud news in social media, its really hard to explain how bitcoin works as a an alternative currency. But I believed that the time will come bitcoin will be a world alternative currency and I guess Japan country's started with its evolution, by accepting to their country as a mode of payment in any transaction.
nizelong
Newbie
*
Offline Offline

Activity: 94
Merit: 0


View Profile
September 12, 2018, 09:26:39 AM
 #260

In order for people to accept Bitcoin as a currency, first of all, its price must be stable, because no one will be willing to use the currency that changes the price every second as a way of payment!
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!