They say ignorance is a bliss. This is the most common reason people don't embrace bitcoin yet. They are ignorant about it and lack the desire to know it and it's advantages. I also know a lot of people who are afraid to , I have talked several times to my friends , we have drink coffees several times in the neighbor bar and I have shown them with a laptop about everything, from creating a secure wallet through electrum or buying a hardware one up to S9 antminer. They like the idea of bitcoin very much, yet they are still afraid to embrace it.
So main reasons are 2. Ignorance and fear.
Topic: The reason why people do not get Bitcoin. - page 31. (Read 37564 times)
Because for non tech guys it hard to understand how it works and trust the bitcoin so they prefer easy and widely used options like cash and cards.
If it took decades for people to accept the idea consuming fruits cured scurvy.
Maybe it is not so hard to explain why bitcoin adoption occurs slower than one might expect.
Maybe it is not so hard to explain why bitcoin adoption occurs slower than one might expect.
many people still dont know about bitcoin, common question from them
1. how to get this
2. how to use that
3. how bitcoin have a value
4. can we trust bitcoin
I was one of that many people asking that questions,before i understand what is bitcoin.I'm not that confident really when it comes to totally really understand its nature and how it works.It simply negative insights will come first,state a conclusion without even understanding it.If you really find yourself to be able to know a lots of changes that this modern world can offer,chances are your one of those who are luckily received its benifits.We must be techie enough to explore ourselves not by just always asking without even knowing. 1. how to get this
2. how to use that
3. how bitcoin have a value
4. can we trust bitcoin
many people still dont know about bitcoin, common question from them
1. how to get this
2. how to use that
3. how bitcoin have a value
4. can we trust bitcoin
1. how to get this
2. how to use that
3. how bitcoin have a value
4. can we trust bitcoin
Various reason could be find out why people do not get Bitcoin.Many countries in our world like third world country whose concern this digital currencies.Even there are so many rule so came out all difficulties most of one didn't so much interested with Bitcoin.Some types of people don't feel secure to get involved in this virtual currency even some are don't know about bitcoins.
Many people accept bitcoin as new financial pyramid. But that is only cause of there is no enough education about bitcoin. Many people just don't understand it. Honestly in the beginning I also was sceptical about bitcoin and counted is as a scam. But I have readed a lot of information about bitcoin and now I'm sure in it and trust to it.
Of course, bitcoin is relatively new and people need to be informed. But most of the people are traditional. They even don't use a credit card. For this type of people, it is really very hard to become adapted to bitcoin or other cryptocurrencies.
Various reason could be find out why people do not get Bitcoin.Many countries in our world like third world country whose concern this digital currencies.Even there are so many rule so came out all difficulties most of one didn't so much interested with Bitcoin.Some types of people don't feel secure to get involved in this virtual currency even some are don't know about bitcoins.
One of the biggest reason for resistance of bitcoins in third world countries is they are afraid of Change. People are afraid of new technology and do want to leave the Fiat. Government support is not a big problem in these countries. It is just a mind Set of people.
Some possible reasons:
- People do not even heard about Bitcoin
- they do not treat BTC seriously
- they do not see any reason to being involved in BTC
- they associate BTC with criminal activities and/or gambling only
- they could be discouraged by price volatility
- technical background can be discouraging as well
All of the points that you have mentioned are really possible reason why people don't have and doesn't want to have bitcoin.- People do not even heard about Bitcoin
- they do not treat BTC seriously
- they do not see any reason to being involved in BTC
- they associate BTC with criminal activities and/or gambling only
- they could be discouraged by price volatility
- technical background can be discouraging as well
I want to add also that there are places that aren't modernized and not updated with current trends with technology.
So that can be another factor why people don't get bitcoin.
"not even heard about Bitcoin" sounds like nonsense. Safe bet they do know, but the discouraging news keep them at distance, keeping them safe.
I guess it is applicable as this world is wide and we know that there are places that can't reach by technology so it is plausible.
Oh yes that black propaganda of media is one of the factor that puts fear to the people that are potential bitcoin users.
As we know it is one of the powerful tools and most influenced way of reaching people out with current trends.
Various reason could be find out why people do not get Bitcoin.Many countries in our world like third world country whose concern this digital currencies.Even there are so many rule so came out all difficulties most of one didn't so much interested with Bitcoin.Some types of people don't feel secure to get involved in this virtual currency even some are don't know about bitcoins.
One of the biggest reason for resistance of bitcoins in third world countries is they are afraid of Change. People are afraid of new technology and do want to leave the Fiat. Government support is not a big problem in these countries. It is just a mind Set of people.
thats correct op is right increase the volumn and it will be spread like a fire it already got some attention from the media in past few months so this time is actllually a good time to take this action
I think the reason for misconception or abstract understanding of BTC is because of the way our mind understand money, some people can differentiate the difference between money and currency. Most people thought money is the same with currency which is not.
People doesn't get bitcoin by these reasons like they are not getting used to it and they only knew one type of currency which is we are mainly using, a fiat currency money. There is no proper information feed to them and some believed that we are only talking a myth here, and they don't vision out bitcoin can turn to reality in their lives and can be profitable extra income for them.
There are a couple of misinformed sentences in your post. What country are you from? The "security of Bitcoin you are referring to is the security of Bitcoin services not Bitcoin itself. There is a difference so please make that clear in your future posts.
Do you really believe that if the security of Bitcoin services have become hack proof, there will be widespread use of Bitcoin in your country? Really? What will they use it for and how will it help expand the Bitcoin economy?
I like the idea, and yes, the only thing to capture interest of the masses is also to show that there is a lot of interest on-going on the project and that people will also see that "heck, this is real and this is not just your ordinary internet money" thing. Merchants are badly needed to see that there is really a demand for bitcoins and also, there is money waiting to be made if you grow your business with bitcoin.
to me the only reason can be that bitcoin is not yet so much introduce in most of the area, and therefore these people do not know anything about this. i think we should introduce bitcoin to these people so that they can start using bitcoin. Because we haven't got much more promotion or marketing to make it popular on bitcoin as cash . There are only people in bitcoin community to use it as cash. However, bitcoin is not still accepted from the government so that everybody is disquiet and do not get bitcoin as cash.
- Bitcoin is not ran by some company so there is no one who want to spend from their own pocket in marketing/promotion of bitcoin.- There are also many miners, node hosters except bitcoin users who are supporting bitcoin network and make sure it keep running.
- Sooner or later more and more people will start using bitcoin as cash and for this bitcoin doesn't need to be accepted by government.
There you have it. It really obvious.
I like the idea, and yes, the only thing to capture interest of the masses is also to show that there is a lot of interest on-going on the project and that people will also see that "heck, this is real and this is not just your ordinary internet money" thing. Merchants are badly needed to see that there is really a demand for bitcoins and also, there is money waiting to be made if you grow your business with bitcoin.
Various reason could be find out why people do not get Bitcoin.Many countries in our world like third world country whose concern this digital currencies.Even there are so many rule so came out all difficulties most of one didn't so much interested with Bitcoin.Some types of people don't feel secure to get involved in this virtual currency even some are don't know about bitcoins.
There is nothing to be worried about the security at first. Someone should not just judge it without using it, it is not important to just buy bitcoins but someone can earn some at first also just to try out if how it works and how it goes, then they should give their opinion. So this should not be a reason why people don't get bitcoin.
people area always looking for more safe than bitcoin since bitcoin still not have reverse payment yet.. and i think paypal will be still the best solution..
I think Friedrich Nietzsche said it best — 'And those who were seen dancing were thought to be insane by those who could not hear the
music.'
music.'
I don't like Nietzsche, he was the center of German nationalism, and was very antisemitic too, and contributed a lot to the formation of Nazi philosophy.
But in this quote he is actually right. Of course people always ridicule other people who dont understand the game. A lot of idiots are brainwashed into this socialist or liberal mindset, with nihilistic thought and a very promiscuous " live for the moment" greedy life style.
People cant fathom what it is like to prepare for the future, also known as investing in BTC (because it should rise in price in time). They all want things NOW.
That is why people have huge debts instead of huge stashes of BTC. These liberal idiots will never understand it.
Of course the Nationalists are fools as well, it's only the Libertarian philosophy that makes sense.
Various reason could be find out why people do not get Bitcoin.Many countries in our world like third world country whose concern this digital currencies.Even there are so many rule so came out all difficulties most of one didn't so much interested with Bitcoin.Some types of people don't feel secure to get involved in this virtual currency even some are don't know about bitcoins.
There is nothing to be worried about the security at first. Someone should not just judge it without using it, it is not important to just buy bitcoins but someone can earn some at first also just to try out if how it works and how it goes, then they should give their opinion. So this should not be a reason why people don't get bitcoin.
Various reason could be find out why people do not get Bitcoin.Many countries in our world like third world country whose concern this digital currencies.Even there are so many rule so came out all difficulties most of one didn't so much interested with Bitcoin.Some types of people don't feel secure to get involved in this virtual currency even some are don't know about bitcoins.
Even i do not think people would get bitcoin easiler to us. Until government makes bitcoin as a centralized money most of the people have enough bitcoins with but still they are not able utilize in their own business or investment.
Various reason could be find out why people do not get Bitcoin.Many countries in our world like third world country whose concern this digital currencies.Even there are so many rule so came out all difficulties most of one didn't so much interested with Bitcoin.Some types of people don't feel secure to get involved in this virtual currency even some are don't know about bitcoins.
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