There are many, many reasons why people don't get Bitcoin or don't believe in bitcoin.
i think that people don't know about bitcoin because there is a few place that introduce bitcoin into public and people still thinking that bitcoin is just a part of internet and maybe they don't know that bitcoin can be a way for them to make money.
How many bitcoin users honestly believe in the bright future of bitcoin?
It's very hard to say.
Topic: The reason why people do not get Bitcoin. - page 29. (Read 37564 times)
I think the main reason why most people do not use bitcoin is because to most of them it simply is too complicated.
To use bitcoin you must first understand how it all works, create a wallet and then get coins from somewhere.
That's really a big amount of time you have to put in it.
For many people that does not seem to be necessary when they can use something like cash or paypal.
To use bitcoin you must first understand how it all works, create a wallet and then get coins from somewhere.
That's really a big amount of time you have to put in it.
For many people that does not seem to be necessary when they can use something like cash or paypal.
Because of the first impression they have of Bitcoin, anytime I tried to convince people about Bitcoin there response is always shocking because they think is some sort of ponzi scheme, MMM ponzi scheme you Bitcoin to deceive people and trapped their income and the lasting impression is still working in their mind.
That's right. I had a problem with introducing bitcoin to my relatives after I have said about bitcoin , They told me that bitcoin was not reliable it was like as Ponzi scheme and it was not real. I felt very sad about this.
Because of the first impression they have of Bitcoin, anytime I tried to convince people about Bitcoin there response is always shocking because they think is some sort of ponzi scheme, MMM ponzi scheme you Bitcoin to deceive people and trapped their income and the lasting impression is still working in their mind.
That's right. I had a problem with introducing bitcoin to my relatives after I have said about bitcoin , They told me that bitcoin was not reliable it was like as Ponzi scheme and it was not real. I felt very sad about this.
Many people got scammed by ponzi, and they told bitcoin related with money game.
Because of the first impression they have of Bitcoin, anytime I tried to convince people about Bitcoin there response is always shocking because they think is some sort of ponzi scheme, MMM ponzi scheme you Bitcoin to deceive people and trapped their income and the lasting impression is still working in their mind.
That's right. I had a problem with introducing bitcoin to my relatives after I have said about bitcoin , They told me that bitcoin was not reliable it was like as Ponzi scheme and it was not real. I felt very sad about this.
Many people got scammed by ponzi, and they told bitcoin related with money game.
Because of the first impression they have of Bitcoin, anytime I tried to convince people about Bitcoin there response is always shocking because they think is some sort of ponzi scheme, MMM ponzi scheme you Bitcoin to deceive people and trapped their income and the lasting impression is still working in their mind.
Yes, the reason why people are afraid to use bitcoin is most surprised by things such scams. Plus the lack of knowledge on bitcoin, and this makes them not want to know bitcoin let alone use it. Therefore, we as bitcoin users who already know what is bitcoin supposed to deliver learning to their about bitcoin. Thank you
Though people were afraid of scams, it can be easily overcome by the trusted users of bitcoin. Now most of the websites that exist to support bitcoin growth as well providing service relating to bitcoin is legit. So a cross check is the one that helps us get rid of scams.
Nope it is not easy, negative things tends to spread more and easily accepted by people than positive one. One sample is the Bitcoin holder reaction between this two news, Chinese government imposing blah blah and Japan seeing bitcoin a legal tender, among this two the first one have more effect than the latter.
So I think that people thinking Bitcoin is a scam and others think it is illegal make people not to get Bitcoin.
The reson why people do not get bitcoin because like they said. Much people is not aware of bitcoin.. Or evev they know it, they have no idea on how to earn bitcoin in many ways as a source of income.. That lead to some people ignore bitcoin
Bitcoin is a relatively new form of currency which is just beginning to touch the General markets, why many people do not yet understand the interest to use it is THE question
The problem with most of Fiat currencies is that Governments can print as much as they want, and that's also what they often do well. If there are not enough dollars to pay the national debt and the federal reserve will simply print more, which causes the decline or the rise of a currency. If you suddenly double the number of dollars in circulation means that there does two dollars here where there is a single front.
Bitcoin is designed to have a maximum of units, fixed numbers and which cannot be increased. That's inflation will not be a problem for the bitcoin, on the other hand, the concern would be rather deflation.
The problem with most of Fiat currencies is that Governments can print as much as they want, and that's also what they often do well. If there are not enough dollars to pay the national debt and the federal reserve will simply print more, which causes the decline or the rise of a currency. If you suddenly double the number of dollars in circulation means that there does two dollars here where there is a single front.
Bitcoin is designed to have a maximum of units, fixed numbers and which cannot be increased. That's inflation will not be a problem for the bitcoin, on the other hand, the concern would be rather deflation.
The reason why people are not ready to understand what is bitcoin (if I talk about India) is because of all the negative coverage that our media has been showing about it. Bitcoin is portrayed to be the most bizarre investment for any Indian as it is shown to be used for the purpose of money-laundering as well as black-money hoarding. To let bitcoins succeed, we need to stop this, but don't know how can we?
I've got lots of friends that I introduced BTCBTCBTC to, none of them adopted it. Their reasoning - why fix something if it ain't broken, that referring to today's monetary system.
It could be they're just lazy to read about it though, or it hasn't piqued their interest.
It could be they're just lazy to read about it though, or it hasn't piqued their interest.
I did the same thing. I always explain it to people if they see me using the forum or reading posts and if they ask what are you doing then i start lecturing them about the complete thing, and at the end when i see their face they have some kind of expression that expresses confusion and i say okay it is confusing for you because you are not involved in technology.
Because of the first impression they have of Bitcoin, anytime I tried to convince people about Bitcoin there response is always shocking because they think is some sort of ponzi scheme, MMM ponzi scheme you Bitcoin to deceive people and trapped their income and the lasting impression is still working in their mind.
That's right. I had a problem with introducing bitcoin to my relatives after I have said about bitcoin , They told me that bitcoin was not reliable it was like as Ponzi scheme and it was not real. I felt very sad about this.
Many people got scammed by ponzi, and they told bitcoin related with money game.
I think that the reason why people do not get bitcoin is that the technology of bitcoin and Blockchain seems hard for understanding, cause of it's totally different from traditional paper money model. To people get bitcoin we must to explain bitcoin more as money, not as technology. And money provokes much more interest than technology.
No doubt money rings a bell in all our ears, however since a technology is behind this money, I think the interest and desire lies in first understanding this technology as without that the money is sure to makes little or no sense to anyone. One more thing worthy of note is that the level of awareness of the internet is still low in some circles either as a result of dearth of knowledge or absent of the infrastructure and even with more knowledgeable people, many are still reserved and skeptical about online transactions.If you step into bitcoin without getting a proper knowledge about it then the possiblity that you will get scammed is high and will lead to for you to quit bitcoin . And you're right if you talked about bitcoin to the people around you almost all of them will think that its a scam even though they don't know a thing about it . Maybe you're right that bitcoins nature are hindering people from using it .
Sometimes even if we spread a thing or two about bitcoin it doesn't guarantee that they will use it . As of now people are still wondering what is the right approach to persuade people to use it .
we should, promoting bitcoin will help it to go grow, higher the value and ofcourse many users will know about this digital currency. making lots of ads or things that promotes bitcoin not just in internet but we could promote it on televisions, radios or just in a news paper will have a big impact at the state of bitcoin. promoting bitcoin can help everyone to have a hassle free payment and can claim earning. no need to go to atms, or wait for our salary. we just checked our phones or something just to know if the funds just came.
I think that the reason why people do not get bitcoin is that the technology of bitcoin and Blockchain seems hard for understanding, cause of it's totally different from traditional paper money model. To people get bitcoin we must to explain bitcoin more as money, not as technology. And money provokes much more interest than technology.
No doubt money rings a bell in all our ears, however since a technology is behind this money, I think the interest and desire lies in first understanding this technology as without that the money is sure to makes little or no sense to anyone. One more thing worthy of note is that the level of awareness of the internet is still low in some circles either as a result of dearth of knowledge or absent of the infrastructure and even with more knowledgeable people, many are still reserved and skeptical about online transactions.If you step into bitcoin without getting a proper knowledge about it then the possiblity that you will get scammed is high and will lead to for you to quit bitcoin . And you're right if you talked about bitcoin to the people around you almost all of them will think that its a scam even though they don't know a thing about it . Maybe you're right that bitcoins nature are hindering people from using it .
Sometimes even if we spread a thing or two about bitcoin it doesn't guarantee that they will use it . As of now people are still wondering what is the right approach to persuade people to use it .
Because of the first impression they have of Bitcoin, anytime I tried to convince people about Bitcoin there response is always shocking because they think is some sort of ponzi scheme, MMM ponzi scheme you Bitcoin to deceive people and trapped their income and the lasting impression is still working in their mind.
That's right. I had a problem with introducing bitcoin to my relatives after I have said about bitcoin , They told me that bitcoin was not reliable it was like as Ponzi scheme and it was not real. I felt very sad about this.
I think that the reason why people do not get bitcoin is that the technology of bitcoin and Blockchain seems hard for understanding, cause of it's totally different from traditional paper money model. To people get bitcoin we must to explain bitcoin more as money, not as technology. And money provokes much more interest than technology.
No doubt money rings a bell in all our ears, however since a technology is behind this money, I think the interest and desire lies in first understanding this technology as without that the money is sure to makes little or no sense to anyone. One more thing worthy of note is that the level of awareness of the internet is still low in some circles either as a result of dearth of knowledge or absent of the infrastructure and even with more knowledgeable people, many are still reserved and skeptical about online transactions.you don't need to understand the technology to be able to use it. that is in my opinion one stupid approach that unfortunately most people think they should take to be able to use bitcoin and because they don't understand it or don't want to spend time understanding it, they don't use it.
it is very simple, we are all using paper cash and we have no idea about the technology of printing money and we have no interest in learning it either but we use it.
I think that the reason why people do not get bitcoin is that the technology of bitcoin and Blockchain seems hard for understanding, cause of it's totally different from traditional paper money model. To people get bitcoin we must to explain bitcoin more as money, not as technology. And money provokes much more interest than technology.
No doubt money rings a bell in all our ears, however since a technology is behind this money, I think the interest and desire lies in first understanding this technology as without that the money is sure to makes little or no sense to anyone. One more thing worthy of note is that the level of awareness of the internet is still low in some circles either as a result of dearth of knowledge or absent of the infrastructure and even with more knowledgeable people, many are still reserved and skeptical about online transactions.
I do not think it is enough to "inform people" to arouse interest in them to approach this ecosystem. Unfortunately here there is still a great prevalence of geeks and experts who usually look with disdain on those who don't clearly understand the technology behind the bitcoin and even people like me, without advanced technical knowledge but with merely economic interest as users of bitcoin, we have to make great efforts to be aware of the so much information flowing everywhere.
I've got lots of friends that I introduced BTCBTCBTC to, none of them adopted it. Their reasoning - why fix something if it ain't broken, that referring to today's monetary system.
It could be they're just lazy to read about it though, or it hasn't piqued their interest.
It could be they're just lazy to read about it though, or it hasn't piqued their interest.
Mainly in world there is always certain gap within generations. Last one generation was not that much tech related and are happy with current traditional conditions. SO no one can force to these types of people by encouraging them to bitcoin.
Second important factor is awareness. Many new user just only trying bitcoin by buying them from seller or exchanger. But still such type of user dont have understand future potential of bitcoins.
I think people must have to give proper time to understand bitcoin environment. This time investment to educating themselves can increase their confidence and trust within Bitcoin.
Second important factor is awareness. Many new user just only trying bitcoin by buying them from seller or exchanger. But still such type of user dont have understand future potential of bitcoins.
I think people must have to give proper time to understand bitcoin environment. This time investment to educating themselves can increase their confidence and trust within Bitcoin.
Our childrens generation will be the bitcoin generation and they will have a hard time remembering when there was paper money. It will be someting they read about in magazines.
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