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Topic: In terms of acceptance of bitcoins... - page 3. (Read 1382 times)

legendary
Activity: 1512
Merit: 1000
May 21, 2017, 11:47:04 AM
#6
It always takes time for everyone to accept new innovation and technology when it first comes out. But eventually they do - or at least enough of everyone does because they find the utility of that new technology or innovation to be useful. Those that don't, just get left behind. Some examples: cassette tapes > CD, VHS tapes > DVD, mobile phones, computers, internet, laptops. And going further back in history: electricity, television, cars, airplanes, etc. etc.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
May 21, 2017, 11:42:20 AM
#5
there are a couple of obstacles in front of any person or business to accept bitcoin in my experience:
  • understanding: many don't understand bitcoin, mostly older generation who are used to the old ways that don't even like using credit cards or online payments and such.
  • legality/regulations: this one is the biggest obstacle in my opinion. bitcoin may not be illegal in majority of countries but it is not regulated either. and that prevents many from buying it or businesses to adopt it because they are worried about its future and how the government with deal with them in case they use bitcoin, it may be misconception in there too.
  • scaling: i think we all know how big the mempool currently is.
  • misunderstanding: this one is different from the first one. it is knowing what bitcoin is and investing in it but only for the profit when they sell it or for silly things like cheap transaction. and not because it is a secure decentralized peer to peer currency with a great level of privacy.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
May 21, 2017, 11:41:46 AM
#4
It is not a childish dream.
It can happen. Just need a little more push for it to work out.
Being pessimistic wont help. It will just make it worse.
We are here and so do you. Aint that all the reason we need to keep thinking that somehow they will bump with bitcoin.
Maybe in a different way unlike ours. But still as long as they are browsing the internet it will go to them.
One by one is okay as long as it grows.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
May 21, 2017, 11:37:13 AM
#3
in our world today, lots of people have accepted bitcoin and has been using it.
But the majority, still won't accept the concept of bitcoin and its usefulness and still prefer fiat money.
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??

i think without the block limit fixed the other people, not tech savy will not accept bitcoin, no one of these people will ever pay $1 or more to send $10 or so, these people are the oen that don't move much money and they often do micro transaction, and bitoin is bad at micro transaction, if we can't solve this i'm afraid bitcoin won't be accepted in all part of the world
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
May 21, 2017, 11:37:02 AM
#2
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??
Majority of people who claims they are not in love with bitcoin are still holding large number of bitcoins because even a child can understand the future potential of bitcoin. And who don't love to make cross border transactions with minimal fee and almost instantly?

Many have already started to use bitcoin and this number will grow exponentially within next few years. No, it is not a childish dream..
member
Activity: 98
Merit: 10
May 21, 2017, 11:33:04 AM
#1
in our world today, lots of people have accepted bitcoin and has been using it.
But the majority, still won't accept the concept of bitcoin and its usefulness and still prefer fiat money.
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??
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