Topic: How can we make people accept bitcoins as a currency? - page 18. (Read 3627 times)
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
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
If Fiat can be easily and conveniently converted into crypto-currencies and vice versa, then everyone will use crypto-currencies
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.
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.
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.
Just shove it down their throat 
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.
jkIf 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 .
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. 
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.
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.
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.
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. 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. 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. 
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.
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.
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
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.
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.
Coz its very volatile. Imagine I sold a product for 1btc at $7000 and BTC dips to $6000. I won't like it
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. 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. 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. 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.
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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