I think bitcoin users do not fool many rich people who choose bitcoin compared to other commodities that have legality. but they chose bitcoin? they smart have chosen bitcoin
it does not mean that they are fool because they have join and using bitcoin. it mean that as the price of bitcoin is going to increase then why should one withdraw their bitcoin to use for shopping or any other activity. he want people to stay for the profit. 
Topic: People Are Just Too Stupid to Use Bitcoin Right Now - page 4. (Read 13434 times)
I think bitcoin users do not fool many rich people who choose bitcoin compared to other commodities that have legality. but they chose bitcoin? they smart have chosen bitcoin
it does not mean that they are fool because they have join and using bitcoin. it mean that as the price of bitcoin is going to increase then why should one withdraw their bitcoin to use for shopping or any other activity. he want people to stay for the profit. 
There are hundreds of millions of tech savvy people worldwide but only 1.2 million Bitcoin addresses that have any meaningful quantity of bitcoins in them. There's another 1.2 million that have dust in them so they aren't buying anything with those addresses. In 6 (six) years Bitcoin has attracted less than 3 million people tech savvy enough to use a Bitcoin smart phone app and only 1.2 million active users.
Pokemon Go was released on July 6, 2016 in only North America and already has 21 million daily smart phone users.
Apple Pay is a piece of shit payment system that only works on Apple phones. It was released less than 2 (two) years ago and already has 4 million users.
Google Wallet is only available in the US, has only been around for 4 (four) years, and has 27 million active users.
People don't care for Bitcoin and it's not because they're too dumb to use it.
Pokemon Go was released on July 6, 2016 in only North America and already has 21 million daily smart phone users.
Apple Pay is a piece of shit payment system that only works on Apple phones. It was released less than 2 (two) years ago and already has 4 million users.
Google Wallet is only available in the US, has only been around for 4 (four) years, and has 27 million active users.
People don't care for Bitcoin and it's not because they're too dumb to use it.
I am not sure what is going on and why people are spending there Bitcoin maybe they like to spend it and they make full use of it as a currency instead of investment.
i am using it as an investment so at the moment I am holding on to my Bitcoin.
i am using it as an investment so at the moment I am holding on to my Bitcoin.
and you will never understand what is going on until you yourself start using bitcoin as a currency too.
that is when you can realize the difference between using fiat and using bitcoin. for example when you used bitcoin instead of using paypal to pay for a digital good like a subscription then you can really appreciate the usage of bitcoin.
Correcy. Also with sending money to another country. Other money transfer company charge so much because it is overseas but bitcoin dont do that. It will be the same as how you send near or far.
I think bitcoin users do not fool many rich people who choose bitcoin compared to other commodities that have legality. but they chose bitcoin? they smart have chosen bitcoin
People aren't stupid, they just don't care enough to shift to Bitcoin. Fighting the government, anonymity, saving bits and pieces here and there on fees? who cares about that? They can already do everything that would be possible with Bitcoin with their regular currencies. In fact they can do a lot more with dollars than they would be able to with Bitcoin, why would they go through the hassle to changing dollars to Bitcoin just to be able to do less?
I won't use the word stupid, I think they just don't know the benefits and do not really see a need to for it. I mean why use something invisible when I can use something visible, the exchange fees of buying bitcoins (some as high as 20%) makes others draw back and look for alternative means of sending money abroad like Skrill, Neteller and the likes.
in order to start using bitcoin now needs a big change from the old familiar fiat to a new technology which is not well known among regular people. also there is always the lack of places to use bitcoin at, for example in that bar you heard this if the bar was accepting bitcoin that would have been a different story!
Bitcoin is not very common to regular people and I agree with you since in our place only few people and around 20 people knew bitcoin and only 4 of us are engaging in bitcoin. They just dont know the importance of bitcoin and the other is the access to internet and many have no computers. Aside from no access to internet there are nobody selling bitcoins in our area so thats what explain why only a few do bitcoins in our place.
I am not sure what is going on and why people are spending there Bitcoin maybe they like to spend it and they make full use of it as a currency instead of investment.
i am using it as an investment so at the moment I am holding on to my Bitcoin.
i am using it as an investment so at the moment I am holding on to my Bitcoin.
and you will never understand what is going on until you yourself start using bitcoin as a currency too.
that is when you can realize the difference between using fiat and using bitcoin. for example when you used bitcoin instead of using paypal to pay for a digital good like a subscription then you can really appreciate the usage of bitcoin.
Correcy. Also with sending money to another country. Other money transfer company charge so much because it is overseas but bitcoin dont do that. It will be the same as how you send near or far.
"People are just too stupid to use bitcoin right now,” I overheard someone argue at a bar a few weeks ago as we were discussing the potential of cryptocurrency. “Society’s understanding of where money comes from is the real challenge.
This is the whole article I read at cointelegraph
This is the whole article I read at cointelegraph
Nice article and I saw in the end link for reddit thread, that partially inspired editor to wrote this article. They have nice arguments for this headline, they talking about how much people understand banking system and where money come from generally.
People are not aware of btc yet in my opinion, they are full with doubts in this technology. Maybe stupid is hard word, someone used word ignorant and that is more suitable word in my opinion. People just don't know about things, but with time that will change I think. New generations are coming that knows much more about internet and technology. They will realize how btc can make things easier, and that will attract many young people.
Indeed, the number of people who use bitcoin as a currency—as opposed to an investment, a bet that its value will rise in time—remains relatively small. For most people, bitcoin and other digital currencies looks like a solution in need of a problem—a technological end-run around big banks and big government that interests only geeks, drug dealers, and crazed libertarians. People don't need bitcoin so they aren't stupid not to accept it.
I think people are using it more for an investment. I know we need both spending and investment ,but people need to start making new ways for people to spend it and people have to spend it.
that was a great thought tho lol i was able to learn that one only now. I personally dont understand the market price of bitcoin but according to my observation when more people holds bitcoin the price slightly go down well im just saying tho correct me if im wrong
Bitcoin should be used as an currency then only it will grow in future if everyone will keep their coins idle in wallet then it will affect the future of bitcoins.
If people don't spend bitcoins, then bitcoin wouldn't grow.
Indeed, the number of people who use bitcoin as a currency—as opposed to an investment, a bet that its value will rise in time—remains relatively small. For most people, bitcoin and other digital currencies looks like a solution in need of a problem—a technological end-run around big banks and big government that interests only geeks, drug dealers, and crazed libertarians. People don't need bitcoin so they aren't stupid not to accept it.
I think people are using it more for an investment. I know we need both spending and investment ,but people need to start making new ways for people to spend it and people have to spend it.
that was a great thought tho lol i was able to learn that one only now. I personally dont understand the market price of bitcoin but according to my observation when more people holds bitcoin the price slightly go down well im just saying tho correct me if im wrong
Bitcoin should be used as an currency then only it will grow in future if everyone will keep their coins idle in wallet then it will affect the future of bitcoins.
I am not sure what is going on and why people are spending there Bitcoin maybe they like to spend it and they make full use of it as a currency instead of investment.
i am using it as an investment so at the moment I am holding on to my Bitcoin.
i am using it as an investment so at the moment I am holding on to my Bitcoin.
and you will never understand what is going on until you yourself start using bitcoin as a currency too.
that is when you can realize the difference between using fiat and using bitcoin. for example when you used bitcoin instead of using paypal to pay for a digital good like a subscription then you can really appreciate the usage of bitcoin.
Indeed, the number of people who use bitcoin as a currency—as opposed to an investment, a bet that its value will rise in time—remains relatively small. For most people, bitcoin and other digital currencies looks like a solution in need of a problem—a technological end-run around big banks and big government that interests only geeks, drug dealers, and crazed libertarians. People don't need bitcoin so they aren't stupid not to accept it.
I think people are using it more for an investment. I know we need both spending and investment ,but people need to start making new ways for people to spend it and people have to spend it.
that was a great thought tho lol i was able to learn that one only now. I personally dont understand the market price of bitcoin but according to my observation when more people holds bitcoin the price slightly go down well im just saying tho correct me if im wrong
I am not sure what is going on and why people are spending there Bitcoin maybe they like to spend it and they make full use of it as a currency instead of investment.
i am using it as an investment so at the moment I am holding on to my Bitcoin.
i am using it as an investment so at the moment I am holding on to my Bitcoin.
"People are just too stupid to use bitcoin right now,” I overheard someone argue at a bar a few weeks ago as we were discussing the potential of cryptocurrency. “Society’s understanding of where money comes from is the real challenge.
This is the whole article I read at cointelegraph
Theres is no wrong if you want to use it, why you called him stupid? If you need it immediately so you need to use it and widraw your and save some, there is many offer for bitcoin to buy so why I should not use it. This is the whole article I read at cointelegraph
I am seeing a number of people are saying that now the halving has occurred and now we do not have to wait for anything which will sure that the price will increase and so they spend their money for different things and selling them, but they are too stupid they should have to know that the effect of halving will start a few months later so they should have to wait.
I think that you talked with a guy who don't know nothing about bitcoin and how profitable is it nowdays, for me perosnaly bitcoin is really usefull even when it's low priced.
That person might not be in his right mind or just talking shit to create a conversation. Or maybe he is already drunk
and the other person he is talking too is starting a conversation about bitcoin while he know nothing out of it. Pfft.
I think that you talked with a guy who don't know nothing about bitcoin and how profitable is it nowdays, for me perosnaly bitcoin is really usefull even when it's low priced.
Its upon every users need and make decision of when to spend. When one is satisfied with a small profit they might even sell at $500. So nothing to be serious with it.
Correct. We have our own ways of spending it with our own necessities. If a person needs it badly then why not. He earned it so he got the right to use it.
For the better future of bitcoin I think we should spend our coins regularly, as holding will never let the price of bitcoin go higher, we should use it as normal currency.
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