What's stopping people from using bitcoin? - page 125.

Mr. Big

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Quote from: Anddos on January 30, 2016, 06:25:22 PM

It's not even about understanding about profit and transactioning. People do not get how can there be noney that doesn't exist and that no one governs. Like a bank. It's nothing, nowhere. But it's still money with real value.

It's really the knowledge that makes us different from those who do not use bitcoin, but if they too, know that it has a value and it can be use, then one day they'll be here...

Anddos

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It's not even about understanding about profit and transactioning. People do not get how can there be noney that doesn't exist and that no one governs. Like a bank. It's nothing, nowhere. But it's still money with real value.

kartaggen

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Quote from: danherbias07 on January 30, 2016, 08:11:36 AM

Quote from: fuathan on January 29, 2016, 08:48:10 PM

Most of the people don't understand it well because of it's complex technology. They haven't ever seen anything like it before.

If we tell them it is very similar to gold than they can easily get what BTC is.

Still hard but maybe some push will make it. If they think like that then it is our job to let them know that it is different than what they think. Somehow that might spark in their minds.

What you are saying is correct, but not all think like that, as there are many people in this world which feels that their friends and relatives should not know that he is earning bitcoins, people don't want that other should know how to earn bitcoins.

danherbias07

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Quote from: fuathan on January 29, 2016, 08:48:10 PM

Most of the people don't understand it well because of it's complex technology. They haven't ever seen anything like it before.

If we tell them it is very similar to gold than they can easily get what BTC is.

Still hard but maybe some push will make it. If they think like that then it is our job to let them know that it is different than what they think. Somehow that might spark in their minds.

owm123

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Quote from: bitbaby on January 29, 2016, 11:54:42 PM

Quote from: knowhow on January 29, 2016, 04:12:18 PM

Bitcoin is connected to black market and others things heavy,that fiat were connected and still but people think they created those coin and is a ponzi thing to steal your money,besides those we may say the oldest people doesnt know work with technology soo they avoid it.The others well they dont wanna to search or know about bitcoin ,as they dont believe on it ,soo lets say that are several reasons to dont use bitcoin but is when you dont care about what may happen tomorrow for me is the same.Bitcoin has bringeg huge investors into it ,the fact it has already 7 years and a value of 400 dollars for 1 btc should make people start to search about it atleast.

I don't believe that is entirely the reason for people to not use bitcoin but it maybe a part, people who are outsiders to the bitcoin world read news and every now and then there are bad news associated with bitcoin, which includes scams or thefts, like the recent Cryptsy one and that puts them a little on the back foot.

News like this one recent:
http://www.theguardian.com/sustainable-business/2016/jan/28/bitcoin-darknet-online-child-abuse-financial-sector

are not helping and are not making it easier to start using Bitcoin.

bitbaby

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Quote from: knowhow on January 29, 2016, 04:12:18 PM

Bitcoin is connected to black market and others things heavy,that fiat were connected and still but people think they created those coin and is a ponzi thing to steal your money,besides those we may say the oldest people doesnt know work with technology soo they avoid it.The others well they dont wanna to search or know about bitcoin ,as they dont believe on it ,soo lets say that are several reasons to dont use bitcoin but is when you dont care about what may happen tomorrow for me is the same.Bitcoin has bringeg huge investors into it ,the fact it has already 7 years and a value of 400 dollars for 1 btc should make people start to search about it atleast.

I don't believe that is entirely the reason for people to not use bitcoin but it maybe a part, people who are outsiders to the bitcoin world read news and every now and then there are bad news associated with bitcoin, which includes scams or thefts, like the recent Cryptsy one and that puts them a little on the back foot.

kevin go

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extacly the main things they stop using bitcoin is because of they dont understand and the price is getting lower right now.
for example if they understand and make profit, can buy or sell something, can do a fast transaction ..so why they leave?

Anddos

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I think people mostly don't know or don't understand what bitcoin is, that's why, as it is said in the thread for newbies - it is an ingenious mathematical technology - and sometimes that can be a little scary for people.

QuestionAuthority

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fuathan

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Most of the people don't understand it well because of it's complex technology. They haven't ever seen anything like it before.

If we tell them it is very similar to gold than they can easily get what BTC is.

greBit

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Quote from: BruceLee007 on January 29, 2016, 02:20:12 PM

the main reason is that they think that bitcoin can be used only for doing the illegal things and that it can be illegal for people to use it though in most countries its not illegal

Yeah apart from the fear of being illegal they are also afraid because they always thinks Bitcoin is not forever they thinks that someday BTC will disappear

knowhow

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Bitcoin is connected to black market and others things heavy,that fiat were connected and still but people think they created those coin and is a ponzi thing to steal your money,besides those we may say the oldest people doesnt know work with technology soo they avoid it.The others well they dont wanna to search or know about bitcoin ,as they dont believe on it ,soo lets say that are several reasons to dont use bitcoin but is when you dont care about what may happen tomorrow for me is the same.Bitcoin has bringeg huge investors into it ,the fact it has already 7 years and a value of 400 dollars for 1 btc should make people start to search about it atleast.

BruceLee007

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the main reason is that they think that bitcoin can be used only for doing the illegal things and that it can be illegal for people to use it though in most countries its not illegal

Herbert2020

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Quote from: pinoycash on January 29, 2016, 12:40:23 PM

knowledge barrier is one of the reason, most people afraid to try something that they dont know, especially if it involves money

can you blame this way of thinking though?!
in my opinion it is only rational to use something like bitcoin carefully. because first of all you should handle everything, your wallet-your money-your security-spending it,.... and on top of that the price is always moving you can have a lot of money one day and have nothing the next.
that is why i think most people are afraid or at least think twice before using bitcoin.

russian_pete

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It's obvious Bitcoin is still in its infancy just as the internet was in the early 90s. It's only adopted for the so called early adopters and, in some cases, it also attracts investors and traders.

GingerAle

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the same things that stopped people from using the internet in 1992.

1. its cludgy. Private companies exist to help (aol then for internet, coinbase now for bitcoin)
2. no need. The internet was niche back then, bitcoin is niche now.

we're still in very early phases of what this technology can do. The main question to ask is whats stopping people from developing on top of bitcoin.

pinoycash

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knowledge barrier is one of the reason, most people afraid to try something that they dont know, especially if it involves money

ShrykeZ

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The availability to use it on many different stores / locations for the vast majority.

For those who heavily research into Bitcoin are seeing lots of the drama related to the devs and would probably avoid due to uncertainty.

fricircled

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Quote from: naidray on January 26, 2016, 10:43:36 AM

Quote from: fricircled on January 26, 2016, 08:25:31 AM

Quote from: teilwalL05 on January 26, 2016, 04:26:39 AM

Well I think a lot of people are not to familiar with this kind of currency and some people not knowing the possibilities with bitcoin doesn't realized yet the importance in having bitcoin!

The main point is that most people have never heard about bitcoin. There are not many main stream exposure about bitcoin.

Yes I need to agree this. We need some more special campaigns and promotions to take bitcoin to each and every common people of this globe. Unawareness of bitcoin ecosystem is the main stopping for most of the people.

We need to get somebody super rich on board, he can advertise for bitcoin and promote it in various occasions.

naidray

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Quote from: fricircled on January 26, 2016, 08:25:31 AM

Quote from: teilwalL05 on January 26, 2016, 04:26:39 AM

Well I think a lot of people are not to familiar with this kind of currency and some people not knowing the possibilities with bitcoin doesn't realized yet the importance in having bitcoin!

The main point is that most people have never heard about bitcoin. There are not many main stream exposure about bitcoin.

Yes I need to agree this. We need some more special campaigns and promotions to take bitcoin to each and every common people of this globe. Unawareness of bitcoin ecosystem is the main stopping for most of the people.

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