Delays in Bitcoin's adoption; delay is not denial

[CTO114]

Just like every genius masterpiece, at some point, challenges and delays would surely be experienced, and Bitcoin is not different. It only lies into how you see them, personally I see these delays as a compulsory phase to pass.
They can take the form of; regulatory bodies being hesitant, gaps in education, financial institutions being less adventurous, being overly technical for new users and even psychological barriers, just to mention a few causes the delays.
What may seem as a barrier today, may not be a problem as early as the next hour. Take for example the government bodies decide to be more adventurous and relax some stiff regulations on Bitcoin, that barrier is surely eliminated, and such a prospect is not so far off.

Bitcoin's adoption may seem slow today, but next thing, it could look like it happened in a split second. It just needs to keep going.
 

[Rruchi man]

Bitcoin's adoption may seem slow today, but next thing, it could look like it happened in a split second. It just needs to keep going.

Slow progress can still be considered progress. This is why we must still be excited about the progress that Bitcoin adoption is taking because before adoption will happen, acceptance will first happen, and we are slowly getting into that stage. I believe there will be a time in the history of Bitcoin when we will no longer be discussing adoption because it will be a regular thing that has taken place even without our notice.

 The concern will actually be if its acceptance and adoption are making no headway.

[BIT-BENDER]

Adoption is a gradual process and can't happen in a split second, it is not like switching the light bulb.
I will also disagree with you that there is a delay in Bitcoin adoption, for me things are going just fine as it should.
The adoption of Bitcoin is on the right track and even people who used to have bad sentiments towards Bitcoin are now tilting towards its adoption.

First before adoption is understanding and many people are trying to get to know what Bitcoin is. The search for Bitcoin and Bitcoin related searches are high now and this will continuously help in the general adoption of Bitcoin. For me everything is just as it should be.

[cr1776]

Just like every genius masterpiece, at some point, challenges and delays would surely be experienced, and Bitcoin is not different. It only lies into how you see them, personally I see these delays as a compulsory phase to pass.
They can take the form of; regulatory bodies being hesitant, gaps in education, financial institutions being less adventurous, being overly technical for new users and even psychological barriers, just to mention a few causes the delays.
What may seem as a barrier today, may not be a problem as early as the next hour. Take for example the government bodies decide to be more adventurous and relax some stiff regulations on Bitcoin, that barrier is surely eliminated, and such a prospect is not so far off.

Bitcoin's adoption may seem slow today, but next thing, it could look like it happened in a split second. It just needs to keep going.
 

If you look at it from a period longer than a few months it seems pretty quick.  Although it is difficult being patient, patience is rewarded.  

[bitbollo]

Maybe politicians are somewhat slow but it's going faster than never the bitcoin adoption at any level of economy.
If you have for an instant the whole idea on what really need a new economy system to grow and being adopted... efficiently well...
I think you will see a fast running coin adoption! Moreover, this has not been pushed by some authority.
It's just matter of time but it is going really fast.

[Smartvirus]

They can take the form of; regulatory bodies being hesitant, gaps in education, financial institutions being less adventurous, being overly technical for new users and even psychological barriers, just to mention a few causes the delays.

Change isn’t always instantaneous. In fact, a change that occurs at an instant is often not sustainable. That’s why it’s more than necessary that Bitcoin would take not just these creeping steps into the hearts of nations but, in the minds of every individual to have a personal connection or interpretation of its evolutionary trend. It’s not easy changing what has been conventional to a people for a completely abstract idea of a currency on the web without any centralized body or backings. People are putting a fortune into this and so, the timing it would take for some needs to be right.

[Rockstarguy]

Bitcoin's adoption may seem slow today, but next thing, it could look like it happened in a split second. It just needs to keep going.

I don’t think Bitcoin adoption is even slow. If some developed countries have accepted Bitcoin and have even gone to the extent of establishing Bitcoin reserves, then it means Bitcoin is moving very fast. Even if Bitcoin adoption is slow, as people may think, it is not supposed to be fast at first because things that are real are always slow, while things that are not real are promoted and made to look real. The slow adoption of Bitcoin plays a better role; at least many have a lot of time to understand it better, so they don’t need to rush into it with just a little knowledge of Bitcoin.

[Mrbluntzy]

The adoption of Bitcoin is not slowing down, it keeps growing year after year, seeing a massive growth in the price of Bitcoin between this year and last year can be interpreted as the evidence of more demand and adoption of Bitcoin. What about in the future when price will grow up to $500k or $1 million, it will tell how far top adoption has grown. It might seem like it's slowing down but yet growing.

[RockBell]

The adoption of Bitcoin is not slowing down, it keeps growing year after year, seeing a massive growth in the price of Bitcoin between this year and last year can be interpreted as the evidence of more demand and adoption of Bitcoin. What about in the future when price will grow up to $500k or $1 million, it will tell how far top adoption has grown. It might seem like it's slowing down but yet growing.

I don't think the adoption is slow because people are adopting Bitcoin faster than we think right now. We can't compare the adoption of this year and last year because they were both huge because people needed and wanted a bull run. This was because there was a lot of speculation about what would cause a bull run, which caused social media to talk about it excessively, which in turn helped the price of Bitcoin.

Additionally, it will take longer—more like a million dollars—for the price of Bitcoin to reach $500,000. As a result, a number of factors are contributing to its growth.  Additionally, both are constantly busy because individuals are buying and selling at the same time.  People are growing weary of saving their money in banks and having so much money taken out for so many things without interest because of the unexpected interest rates they are receiving when they purchase bitcoin.

[Emjay24]

Changes sometimes meets some resistance and it's normal since people and entities needs to convince themselves it's the right option for them. Bitcoin adoption isn't really that slow like you think. It's only 15 and it's penetrated almost every country in the continent and lots of people are adopting it, including institutions and government, some government banning it is a form of resistance which would be cleared out  sooner or later. I see huge progress in as much as institutional and government adoption may try to centralize it but taking part indicates good prospects of the project.

[Oluwa-btc]

Bitcoin's adoption may seem slow today, but next thing, it could look like it happened in a split second. It just needs to keep going.
 

Delays are usually test of time, to see if the person involved can exercise some level of patience cause the beginning part might seems slow and mostly difficulty in adoption but regardless most of it are gradual process that one undergo basically trying to take Bitcoin to another dimension it should and so then delay is just s matter of time. Also, it will take a hard fight to pull down the fiat systems completely. They will not let Bitcoin adaption happen easily. The same way it happened, before Bitcoin was invented, a financial crash would spur to mass adoption.

[purple_sparkles]

Bitcoin's adoption may seem slow today, but next thing, it could look like it happened in a split second. It just needs to keep going.
 

Delays are usually test of time, to see if the person involved can exercise some level of patience cause the beginning part might seems slow and mostly difficulty in adoption but regardless most of it are gradual process that one undergo basically trying to take Bitcoin to another dimension it should and so then delay is just s matter of time. Also, it will take a hard fight to pull down the fiat systems completely. They will not let Bitcoin adaption happen easily. The same way it happened, before Bitcoin was invented, a financial crash would spur to mass adoption.

Considering that there are now too many discussions about military conflicts in different countries, and even talks about a possible confrontation between the USA and China, which some forecasts predict could happen around 2035, I believe that the adoption and implementation of Bitcoin is one of the ways to conduct financial transactions in the future without fear of various sanctions that may arise due to hostility between nations.It could also become a lifeline for many economies in the event of severe inflation or a financial crisis in countries with weaker economic systems.

[sunsilk]

Bitcoin's adoption may seem slow today, but next thing, it could look like it happened in a split second. It just needs to keep going.
 

It's hard to measure on what kind of measurement you're using for bitcoin's adoption. But if we look at the mainstream media and that will be one of the basis, it's being talked to and always covered by their news segments whenever the price plummets or rises.

The adoption is continuing and it's not even stopping so if there's sort of delay or slow down, it's okay. We're seeing a huge improvement per year on how it goes even if the market slows down a bit.

See to it that if it's the reversal, most people are interested on it when it's moving upwards until they learn how it does and sticks to it for longer holding.

[free-bit.co.in]

Just think that in just 16 years, bitcoin has reached a market capitalization of over $2 trillion, has been approved for ETFs, and is even being considered for inclusion in national reserves. In history, no asset has been able to achieve such achievements in such a short period of time. How can it be said that bitcoin adoption is slow?

You need to know that bitcoin is an asset like many other assets like gold, stocks, real estate. To the world, it is just an asset, one choice among many. Don't expect the entire world of over 8 billion people to need it, and just because it hasn't reached that level yet doesn't mean its adoption is slow.

[Cossyblack]

Bitcoin's adoption may seem slow today, but next thing, it could look like it happened in a split second. It just needs to keep going.

Bitcoin adoption isn't slow as you claimed. Bitcoin adoption is growing massively, Central Banks, institutions and individuals are investing billions of dollars in Bitcoin. Governments are lifting restrictions to boosts Bitcoin adoption amongst citizens.  Bitcoin popularity is increasing day by day,countries are adopting Bitcoin as a strategic Reserve. I think you're wrong if you think the process is slow because Bitcoin popularity is increasing Day by Day. I think looking into this link will help you understand how quick the world is adopting Bitcoin. https://plasbit.com/blog/bitcoin-adoption-by-country

[Sonia_123]

Just like every genius masterpiece, at some point, challenges and delays would surely be experienced, and Bitcoin is not different. It only lies into how you see them, personally I see these delays as a compulsory phase to pass.
They can take the form of; regulatory bodies being hesitant, gaps in education, financial institutions being less adventurous, being overly technical for new users and even psychological barriers, just to mention a few causes the delays.
What may seem as a barrier today, may not be a problem as early as the next hour. Take for example the government bodies decide to be more adventurous and relax some stiff regulations on Bitcoin, that barrier is surely eliminated, and such a prospect is not so far off.

Bitcoin's adoption may seem slow today, but next thing, it could look like it happened in a split second. It just needs to keep going.
 

That is true, because most countries that seems not to be interested in bitcoin back in the days, are gradually accepting it because they took their time wanting to understand it more better so that they will be on the right track when involved, a lot of persons are also like this better late than never, and for those who just rushed into it without gradually studying it, made the biggest mistake of their life, because they also rushed out.

The adoption of bitcoin begins gradually when it started, but today look how widely spread it is in the world, a lot of countries and individuals are moving towards it's direction and wanting to have more of it, delays yields good fruits, because it helps you to know more and makes you stand firm in whatever decision you are taking and brings out the best potentials in you.

[GreatArkansas]

(....)
Bitcoin's adoption may seem slow today, but next thing, it could look like it happened in a split second. It just needs to keep going.

This makes sense. We must also consider that some people only came with Bitcoin just for the money, like they didn't even study how Bitcoin works, this is bad for Bitcoin for me because for example if they will get rekt by the market, they panic sell and start to hate Bitcoin and/or start spreading hates to Bitcoin to other people, so it will affect the adoption too.

[TravelMug]

Just like every genius masterpiece, at some point, challenges and delays would surely be experienced, and Bitcoin is not different. It only lies into how you see them, personally
Bitcoin's adoption may seem slow today, but next thing, it could look like it happened in a split second. It just needs to keep going.

Slow in terms of what? We already have ETF's and other big institutions are already inside. It might not have been used as P2P, but we have to think that it has evolved a lot since the inception.

But still there are growths already, all over the world Bitcoin is gaining grounds. And just imagine as young as Bitcoin is, and then becoming the best asset so far, it's data is still in it's infancy and yet just look at where we are right now. So I don't think that there is delay here, in fact, it's very very quick.

[Darker45]

If we look at Bitcoin's progress, it's actually fantastic. It's not slow. For a truly independent monetary system to grow from practically nothing to being accepted as a country's legal tender within just a little more than a decade is next to unbelievable.

Here's a cash system that's built by a nobody, called a Ponzi, a bubble, a criminal's money, and attacked by powerful and influential people and institutions but eventually embraced by the largest banks, asset managers, and investment companies in the world, all within a span of 15 years. That's actually amazing.

For an unknown alternative currency to be even considered by the most powerful country in the world as part of its strategic reserve, to grow from zero to $125,000, from given away freely to be kept as treasury reserves of huge companies, and so on and so forth within a decade and a half is not a slow progress. It's fast.

[uneng]

We have to accept the fact most people won't adopt Bitcoin, because they aren't interested in investing their money, besides Bitcoin being too volatile for most people's taste. They always find an excuse to avoid Bitcoin: it's too expensive, I don't know how it works, it's a scam scheme, it's illegal... And then they keep spending their entire wages month after month, without saving, neither investing.

And in order for Bitcoin to be widely accepted, that kind of common sense and mindset has to change first, as that is the factor preventing people from becoming enthusiasts of BTC. Personally, I don't believe it's going to change anytime soon due to people being too alienated, despite all the technology and information available nowadays.