Because people all over the world doesnt know anything about bitcoin.
Yeah true..There r lots of asian n african countries that dont know BTC exists! once the word spreads it is going to be awesome!
Topic: Study shows majority of U.S. consumers ‘unlikely’ to purchase and use bitcoin (Read 4312 times)
October 08, 2014, 12:17:40 AM
Yeah true..There r lots of asian n african countries that dont know BTC exists! once the word spreads it is going to be awesome!
October 07, 2014, 09:05:03 PM
Because people all over the world doesnt know anything about bitcoin.
September 24, 2014, 11:45:21 PM
That is 100% correct.. Specially the older people. One must educate the young minds right now for them to a bitcoin cosumer in the future.http://
September 22, 2014, 08:54:31 AM
If this study will be carried out abroad, same result will happen.
September 14, 2014, 02:27:31 PM
Bitcoin costs me 1% to use and gives me no consumer protection.
Credit cards give me 1% back on most purchases and protects me from fraud (and my own clumsiness too).
I like bitcion but I'm no fanatic. So I am one of the majority that will not regularly spend bitcoin. For now.
Credit cards give me 1% back on most purchases and protects me from fraud (and my own clumsiness too).
I like bitcion but I'm no fanatic. So I am one of the majority that will not regularly spend bitcoin. For now.
September 14, 2014, 12:57:41 PM
The US is probably not the market most likely to widely adopt bitcoin first. Other places like Cyprus, Argentina, Ecuador, Portugal, Spain, will likely see the value of it before the US.
The US is also not the market that bitcoin would work best with. The US dollar is very stable and generally safe to use and hold. The currencies of the above countries are much less stable and are subject to higher levels of inflation and potentially major shocks during types of crisis. I would expect, over time that overall bitcoin usage in the US will be much less then in other third world and less economically advanced countries 
September 14, 2014, 12:50:16 PM
Article seems bullish, better than I would have expected. At this point in time I thought a poll would result in 5% at best willing to make an effort at Crypto but 18% exceeds my expectations.
Did you know a poll in the late 90's found most would not trust online banking using that Interweb fad thingy? Now most bank tellers have lost their jobs in favor of electronics and the web.
Did you know a poll in the late 90's found most would not trust online banking using that Interweb fad thingy? Now most bank tellers have lost their jobs in favor of electronics and the web.
September 14, 2014, 12:26:11 PM
"According to a study conducted by Massachusetts Division of Banks (MDB) in conjunction with the Conference of State Bank Supervisors (CSBS)....."
haters gonna hate.....
haters gonna hate.....
September 14, 2014, 11:18:10 AM
Study: Majority of people 'unlikely' to invest in something they don't understand.
Study: Majority of people 'unlikely' to understand bitcoin.
Study: Majority of people 'unlikely' to ever understand economics.
Study: Majority of people 'unlikely' to use dollars after Dollar collapse.
Study: Majority of people 'unlikely' to want another national fiat system once they begin using crypto currency.
Study: Majority of people 'unlikely' to understand bitcoin.
Study: Majority of people 'unlikely' to ever understand economics.
Study: Majority of people 'unlikely' to use dollars after Dollar collapse.
Study: Majority of people 'unlikely' to want another national fiat system once they begin using crypto currency.
September 14, 2014, 11:12:22 AM
Lol of course they are currently unlikely to purchase or use bitcoin. I'm sure people would have said the same thing about using the internet a few years after it was invented. Take this poll in a few years and we'll see the difference.
September 14, 2014, 11:05:50 AM
this just a mere reflection of recent drop. but the bigger picture still remains same, bitcoin rules 
September 14, 2014, 10:40:21 AM
The US is probably not the market most likely to widely adopt bitcoin first. Other places like Cyprus, Argentina, Ecuador, Portugal, Spain, will likely see the value of it before the US.
September 14, 2014, 06:21:39 AM
Lol, imagine how ridiculous it would sound in 1995 if someone wrote "majority of U.S. consumers 'unlikely' to use email". The validity of that study would be ridiculed for years. There is no other way to compare it.
September 14, 2014, 02:04:13 AM
translation: study shows majority of US consumers doesnt know how fiat really works.
aha, they don't know how fiat works, but they are still using it, that's funny.
September 14, 2014, 01:50:47 AM
I think this is OK. Adoption can be slow from the general public, there's a strong enough community now to keep it going and allow the general public to join as they want to. It also gives us more time to accumulate some more BTC, right?
September 14, 2014, 01:16:23 AM
this if true is awsome news, it means there is huge room for BTC to grow
September 13, 2014, 07:56:05 PM
translation: study shows majority of US consumers doesnt know how fiat really works.
Doh! Where do dollars come from? I think less than 10% is in tangible notes. The plastic cards are capable of reproducing pseudo-dollars or something and then there is fractional reserve banking, oh the humanity!
September 13, 2014, 07:31:46 PM
99% has no clue what btc signifies or the current and future state of FIATs.
September 13, 2014, 06:51:13 PM
translation: study shows majority of US consumers doesnt know how fiat really works.
This, we dont need a study to show people is stupid.We need stupid people to use Bitcoin, just like how they will use iWatch.
It is more likely, and being implemented now, that the service providers will make it a swipe/scan and pin option the same and therefore with approximately equal security as traditional cards . Xapo has already implemented this for their bitcoin loaded card..They also allege that their wallets/vaults are insured I do not know the terms of that insurance but it is likely that it would be = or better to standard FDIC insurance on bank accounts.This allows them to concentrate on the benefits of bitcoin in order to increase adoption while removing the likely critisism that it would be less secure than traditional fiat cards and accounts.
September 11, 2014, 01:44:16 AM
How can they purchase it is not readily available for them?
For the average person it was difficult to purchase but now its becoming much easier and within 12 months it will be really easy
http://www.coindesk.com/bitpagos-brings-bitcoin-8000-convenience-stores-ripio/
http://www.coindesk.com/5000-terminals-across-ukraine-now-offer-bitcoin-cash/
http://www.coindesk.com/bitcoin-atm-map/
https://www.google.com.ph/search?q=sci.ph&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a&channel=sb&gfe_rd=cr&ei=-EIRVOOaHIeL8Qfc4oCwCA#rls=org.mozilla:en-US:official&channel=sb&q=buy+bitcoin+sms
https://bitcointalksearch.org/topic/m.8756282
https://www.facebook.com/PrepaidBitcoinPH/posts/649981205079337
There are many others ..if you wish to google it
Jump to: