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Topic: How can we make people accept bitcoins as a currency? - page 8. (Read 3627 times)

full member
Activity: 588
Merit: 106
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.
newbie
Activity: 22
Merit: 0
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.
member
Activity: 237
Merit: 10
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.
copper member
Activity: 126
Merit: 0
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.
member
Activity: 383
Merit: 10
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
member
Activity: 350
Merit: 10
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.
sr. member
Activity: 658
Merit: 256
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.
newbie
Activity: 3
Merit: 0
People who are respected in society should use bitcoin
sr. member
Activity: 532
Merit: 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

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.
member
Activity: 392
Merit: 10
CurioInvest [IEO Live]
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. 
member
Activity: 462
Merit: 10
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.
jr. member
Activity: 56
Merit: 1
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!!!
jr. member
Activity: 392
Merit: 1
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.
jr. member
Activity: 56
Merit: 1
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.
sr. member
Activity: 1162
Merit: 251
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
jr. member
Activity: 56
Merit: 1
There is no need to force someone to use bitcoin as a payment. You can only show by your own example how beneficial and convenient it is to use the digital currency.
It is surely beneficial and we are looking forward to its acceptance.
full member
Activity: 382
Merit: 100
There is no need to force someone to use bitcoin as a payment. You can only show by your own example how beneficial and convenient it is to use the digital currency.
jr. member
Activity: 56
Merit: 1
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
So you believe the darker side of bitcoins is superior to its good one!
newbie
Activity: 98
Merit: 0
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
jr. member
Activity: 56
Merit: 1
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

Nothing that we can do except only explain to people who don't know about bitcoin yet if bitcoin is currency, digital currency and it is neutral. Like fiat, who bad is people who use it in bad thing.
Yes this is my point exactly that nothing makes a currency fake only the people abusing it are fake.
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