It's not just about the faster transactions or the slow one.
Consider the receiving end too.
What if they don't know how to use bitcoin? Then, you will be forced to just send it with cash or a bank account.
We still need adoption and it is happening slowly.
Then, there are digital applications now that offer the same service with also a faster transaction.
The only difference is the transaction fee.
Topic: Are you scared? - page 4. (Read 904 times)
How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
You can show them the benefits of using bitcoin. Like you said, a fiat transaction will take 2-3 days to arrive, so you tell them a bitcoin transaction will be completed faster. You can also tell people to not fear volatility. As soon as they receive bitcoin they can convert it to fiat or another stable crypto currency, if they aren't confortable with the risk.People fear what they don't understand. So explain the basics and if possible, guide them through their first bitcoin transaction to make their experience best as possible. You know, first impressions are lasting.
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
What do you mean by this though? You use Bitcoin or you don't. And I don't think it's really about not using Bitcoin because it's faster or easier. It's almost certainly harder to do (you have to sell the Bitcoin to get the cash, so it's a 2 step process). I know many countries have impossible means to send fiat though, sanctions etc, in which case Bitcoin is what makes it possible (not easier).
Maybe in my opinion it is very natural for them not to accept Bitcoin there, it doesn't mean they are afraid to use Bitcoin, maybe in their country there are some people who are already using Bitcoin but they still cover up to transact using Bitcoin, because in their country Bitcoin is still not used or in banned by the government in that country, therefore they still don't want to use Bitcoin to send, even though Bitcoin is very good for doing transactions every day, maybe this reason could be why they don't want to use Bitcoin to transfer everyday.
Instead of using the word faster repeatedly, why don't you use the word "convenient'? As we all know, other coins are more faster in terms of transactions with lower fees, too.
Back to your questions.
Why people doesn't want bitcoin to enter their lives? There's a few reasons I might want to share;
- In our country, Bitcoin's reputation isn't that good. Scammers/fraudsters used bitcoin for investment and networking schemes. A lot of people here got scammed from many different fake btc companies that even our SEC warned netizens not to join any of these scam agencies.
-People are also "Scared" to try out new things, new technology.
-They also don't want "volatile" market and they are used to make payments using fiat that they ate hesitant to go outside of the shell and try new convenient digital payments using bitcoin.
They wouldn't believe unless they see real proof of it being a legit or if they try it themselves that bitcoin can be a good store value.
Back to your questions.
Why people doesn't want bitcoin to enter their lives? There's a few reasons I might want to share;
- In our country, Bitcoin's reputation isn't that good. Scammers/fraudsters used bitcoin for investment and networking schemes. A lot of people here got scammed from many different fake btc companies that even our SEC warned netizens not to join any of these scam agencies.
-People are also "Scared" to try out new things, new technology.
-They also don't want "volatile" market and they are used to make payments using fiat that they ate hesitant to go outside of the shell and try new convenient digital payments using bitcoin.
They wouldn't believe unless they see real proof of it being a legit or if they try it themselves that bitcoin can be a good store value.
Start with the fact that many are not educated in this area, do not understand Bitcoin. Hence, the rejection of bitcoin arises.
Anyone who starts to master bitcoin starts trying to use it becomes a different person. He soberly understands that bitcoin is volatile. And also besides this, with the increase in knowledge, he begins to understand that bitcoin is very valuable. The OP question can be understood in different ways. To be afraid to use bitcoin, hoping that it will grow in the future, or simply to be afraid to have it, out of fear of loss.
Again, we must give the most correct advice to ourselves, raising our knowledge about bitcoin every day.
Anyone who starts to master bitcoin starts trying to use it becomes a different person. He soberly understands that bitcoin is volatile. And also besides this, with the increase in knowledge, he begins to understand that bitcoin is very valuable. The OP question can be understood in different ways. To be afraid to use bitcoin, hoping that it will grow in the future, or simply to be afraid to have it, out of fear of loss.
Again, we must give the most correct advice to ourselves, raising our knowledge about bitcoin every day.
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We don't have to erase the negative thoughts of people and let them decide later. If they feel that bitcoin can help them solve the transaction, they will start to try to use bitcoin, but we don't have to force them to use bitcoin. If they don't want to open and accept the new thing, it will be difficult for them to understand bitcoin's benefits. So please don't bother with them, let them decide.
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
Scared of what? In using bitcoin? I think people who didn't use bitcoin is not scared, they only need time to discover it and know about it and how to use it. Remember using bitcoin is not an easy as using fiat money that you can carry anywhere , anytime and you can use even without internet connection. In bitcoin you need to learn it first before using.
your title seems far from what you explain . what can we be afraid of ? to the hard headed people that dont listen to us to use a bitcoin ? why we will be when the number of people involved on btc are always being improved .
we dont need to be afraid but those people that dont allow btc in thier life but they are the one that are going to be afraid of because they will soon think out that they are different from the majority .
we dont need to be afraid but those people that dont allow btc in thier life but they are the one that are going to be afraid of because they will soon think out that they are different from the majority .
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
well it seems that some of them are financially good with the old concept, they like him do not want the central finances will change it will change their lives, and I think bitcoin is very fair because it is not controlled by anyone. We just need to develop this bitcoin so it's acceptable in society.
All will be bitcoin in time, why is that? because bitcoin is not regulated, everything is completely fair, of course this is a positive value in itself from bitcoin.
One of the things that makes me believe about this is, with bitcoin at this time the function of government is more solid, because with the existence of bitcoin, one of the things that makes financial principles change slightly, usually the government will experience a recession when all spikes cannot be controlled by its existence. bitcoin all of that helps a little bit.
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
There are still a lot of people who are used to what they do often and don't want to be stuck with any updates before they believe they can make it easier that they haven't been bothered by so far. everything related to finance and trust is not easy to change the habits that he has been doing for a long time and is very supportive of his work. no one wants to take the slightest risk with actions and reasons to make it easier to use bitcoin transactions and he himself does not understand.
there are still many people who behave like that and we can't force our will, because they think it's the best.
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
Scared of what?Your title has nothing to do with you post,OP.
The "average Joe" still doesn't know anything about Bitcoin and thinks that BTC is a really complicated geeky tech currency,while in reality Bitcoin is much simpler and user-friendly.
People will stick to what's known-Banks and credit/debit cards.
Achieving global Bitcoin domination and making all the people feeling comfortable with Bitcoin transactions will take at least one decade.
there are still a lot of inconveniences using bitcoin in daily life and I understand people if they are reluctant to use it.
Yep, that's right. We cannot force people to use something if they don't really want to. We all have our free will, after all. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or their various currencies, We need to think about it.
we can't. just like as the saying says "you can't please everyone" but what we can do is inform others and educate those who are interested. Also, I think apart from being scared, some people lack knowledge about such - like the time they can save when using bitcoin in their transactions. Well, considering the amount of transaction fee when using it, it could be pricy so maybe some are just being practical. Point is, let's respect their choice and let's just do our part in sharing what we know. Besides, sharing is caring.
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
Some people do not allow Bitcoin in any of their daily transactions or daily activities because they are waiting for it to be worth more in value to sell it for fiat.
There is nothing I have to worry about or be scared of when it comes to Crypto currency. My biggest fear is sending my Bitcoin to the incorrect address and them being gone forever.
How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
Governments have spent hundreds of years to convince people to use paper money backed by nothing instead of using gold coins, the soundest physical money in history, which allowed nations for flourishing and prosperity. Now it is our turn to start to convince people to learn how money emerged, what properties it should have, why gold has been used for centuries and continues to be used as a reserve asset in central banks vaults, why governments should not necessarily be managers of the economy, why we should return to sound money based system and why bitcoin is the perfect candidate for that system. Ignorance is what makes them think they don't need bitcoin, but when they learn that they were deceived, they will realize they can't live without bitcoin.
This is the importance of introducing bitcoin and blockchain to the wider community, the government must be able to foster people who want to learn about blockchain and bitcoin, I have read in a post and there was a comment saying that bitcoin is used by criminals to send funds in a country affected by civil war, well here education about bitcoin and blockchain is important and its positive use for the community so that there is no confusion about the badness of bitcoin
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
well it seems that some of them are financially good with the old concept, they like him do not want the central finances will change it will change their lives, and I think bitcoin is very fair because it is not controlled by anyone. We just need to develop this bitcoin so it's acceptable in society.
Not all crypto users intend to do it. Maybe most of the investors treat btc as a tradable asset but of course there are still who see it as more of a means of exchange. Believe me, there are some who are really willing to adopt crypto in daily basis but the problem is the scarcity of opportunities. Just like in my case, I was able to buy prepaid loads using btc but still I am not contented with it. I want more bigger and wider real life applications of it such as paying bus fare, paying in grocery stores, paying services like computer rentals etc. etc. I'm eager to adopt but I couldn't, these things are not present at least in the area where I reside. So sad, isn't it 
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Most of the fears originate from the uncertainty linked to Crypto currencies ...for example :
1. Government policies & regulations : So most people are not familiar with the policies and laws applicable to Bitcoin (Crypto currencies) in their country. They are scared of their own government and breaking the law.
2. Tax implications : They do not know how to handle Crypto currencies, when it comes to taxes. Do they only pay VAT or do they pay "Capital gains" taxes. Will they get fined if they do not report it and how much should they pay?
3. Technology is too complicated : This is a new technology and some people tend to have a fear of the unknown. They do not know how to create wallets or accounts on exchanges etc.
4. Security : A lot of people think Crypto currencies are prone to hacks and scams. This is strengthen with all the negative publicity that are posted in social media and the media. (Also called FUD)
Accurate information distribution is key to the success of this technology and all of us should contribute to this important task. Get the truth out there to destroy the FUD.
1. Government policies & regulations : So most people are not familiar with the policies and laws applicable to Bitcoin (Crypto currencies) in their country. They are scared of their own government and breaking the law.
2. Tax implications : They do not know how to handle Crypto currencies, when it comes to taxes. Do they only pay VAT or do they pay "Capital gains" taxes. Will they get fined if they do not report it and how much should they pay?
3. Technology is too complicated : This is a new technology and some people tend to have a fear of the unknown. They do not know how to create wallets or accounts on exchanges etc.
4. Security : A lot of people think Crypto currencies are prone to hacks and scams. This is strengthen with all the negative publicity that are posted in social media and the media. (Also called FUD)
Accurate information distribution is key to the success of this technology and all of us should contribute to this important task. Get the truth out there to destroy the FUD.
Well, it's like the fear of the unknown, or something similar. Only time could solve it, nothing we can do. Even if we force the idea of educating most of the people out there about Bitcoin, It would still require time, and even then, it isn't guaranteed that people will accept it, so might as well let nature take its course. Look at how cars became, how TV, the internet came, it slowly integrated into society and wasn't really enforced by anyone. Afaik, there's no rule saying that you need to have a TV, Internet, or use cars to travel right? Most just let nature take its course since people would one way or another look for a better alternative for what they have right now, that is if they find one.
Let's not even mention how we can't please anyone, like how some people still refuse to use social media, use the internet, etc. so forcing it isn't really an ideal action.
Let's not even mention how we can't please anyone, like how some people still refuse to use social media, use the internet, etc. so forcing it isn't really an ideal action.
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