What's stopping people from using bitcoin? - page 128.

sana54210

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Quote from: mtnsaa on January 23, 2016, 04:47:20 PM

I've replied a long while ago in this thread and the main issue (besides usability which is completely impossible to comprehend for a common person) is that there's actually no need for Bitcoin to be adopted besides as an investment. What can Bitcoin do better than Paypal or CCs? Absolutely nothing. it is of course a complete unique technology and a new way of thinking just as the internet was in the 90s. But as like that example, it's in its infancy so right now it's not very usable, let's hope it can eventually evolve and make its potential a reality.

Bitcoin is better than PayPal as it cannot be charged back nor does it charge as much fee as PayPal. Also, many users pay more than the market rates while exchanging for WU or Money gram. There are bitcoin debit cards as well but the main issue with bitcoins is that the price is not stable and hence it is not used by users as another mode of currency.

makingwin1

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nothing stops only they are stopping themselves because they honestly think that bitcoins are used only to make bad stuff and perform illegal actions such as buying drugs or something like that

Yakamoto

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Quote from: ?? on ??

Bitcoin is still very complicated to use for 99,9% of the people. Most users using Bitcoin are techy in any way.
Just need to explain what Bitcoin is to your grandmother and you will see why so many people stopping from using

I wish I could say that I am specifically techy, but I am truly only good at navigating a computer with rough instruction to work off of. Basic things like search my PC for various settings or applications, and modifying them, is fairly easy though. Wallets are fairly easy to work with however, so I'm not sure why that would be a confusing aspect of it.

I personally think most people don't use it because it gives them no benefit, and they view it merely as an extension of the financial system or a niche currency. They don't want to use it because it gives them nothing in return, in their eyes.

bob123

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They are probably scared because its not "backed up" by anything.

Supercrypt

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Quote from: PizzaBTC on January 24, 2016, 12:12:43 PM

Quote from: -Tx-Rider on January 23, 2016, 08:26:35 PM

People are too used to just using fiat to pay for things. They really have no reason to change to Bitcoin. I love Bitcoin though.

Yes many people are stubborn with their known things. They usually fear to test/adopt new things. But time will move them towards bitcoin. It will be kind of 'adopt or loose' options to all of us.

Yes, being orthodox will not be possible with technology evolution. Like computers, internet and mobile phones, bitcoin also will reach all the people of the world regardless of their literature, nationality, age or gender. I guess all the barriers which are stopping people from using bitcoin will get fade away in technology evolution.

PizzaBTC

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Quote from: -Tx-Rider on January 23, 2016, 08:26:35 PM

People are too used to just using fiat to pay for things. They really have no reason to change to Bitcoin. I love Bitcoin though.

Yes many people are stubborn with their known things. They usually fear to test/adopt new things. But time will move them towards bitcoin. It will be kind of 'adopt or loose' options to all of us.

baazju

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Quote from: mtnsaa on January 23, 2016, 04:47:20 PM

I've replied a long while ago in this thread and the main issue (besides usability which is completely impossible to comprehend for a common person) is that there's actually no need for Bitcoin to be adopted besides as an investment. What can Bitcoin do better than Paypal or CCs? Absolutely nothing. it is of course a complete unique technology and a new way of thinking just as the internet was in the 90s. But as like that example, it's in its infancy so right now it's not very usable, let's hope it can eventually evolve and make its potential a reality.

Bitcoin can be sent across the world with a tiny fee. Compare that to a CC or PP and Bitcoin much better. You can also transfer a huge amount of money with ease. You can control your own money in your own wallet with out worrying that your CC or PP will freeze the funds. And about a million more things.

danherbias07

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Quote from: -Tx-Rider on January 23, 2016, 08:26:35 PM

People are too used to just using fiat to pay for things. They really have no reason to change to Bitcoin. I love Bitcoin though.

That is reality. You cant even tell your friend you a bitcoin. They wont understand. But if you say you have 400 dollars worth of bitcoin. Then thats when their eyes will grew.

-Tx-Rider

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People are too used to just using fiat to pay for things. They really have no reason to change to Bitcoin. I love Bitcoin though.

phreaky

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Quote from: virtualdn on January 23, 2016, 06:53:54 PM

1. They don't know exactly what it is yet 2. It is kinda hard to switch fiat to bitcoin 3. Not everyone is interested in technology

Correct, and I think most of them are also very afraid.
They read bad things about bitcoin, which makes them terrified to be scammed out of their bitcoins.

virtualdn

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1. They don't know exactly what it is yet 2. It is kinda hard to switch fiat to bitcoin 3. Not everyone is interested in technology

MoneyChanger

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Price should be stable, people don't like roller coaster.

wadili89

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Quote from: dhimasnk on January 21, 2016, 08:42:34 AM

I think that makes people stop using bitcoin is afraid at price very volatile and too many negative news

i dont know what is wrong with the media they just dont want to accept change and revolution or those are fake paid negative review you never know ?

i dont think so there is anything which can stop people using bitcoins other then price drop or increase by 20% in one day

mtnsaa

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I've replied a long while ago in this thread and the main issue (besides usability which is completely impossible to comprehend for a common person) is that there's actually no need for Bitcoin to be adopted besides as an investment. What can Bitcoin do better than Paypal or CCs? Absolutely nothing. it is of course a complete unique technology and a new way of thinking just as the internet was in the 90s. But as like that example, it's in its infancy so right now it's not very usable, let's hope it can eventually evolve and make its potential a reality.

MTBTT

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f the price drops to $ 1, maybe a lot of people who would leave bitcoin, and bitcoin be unused

newcoins1978

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Quote from: Lutzow on January 21, 2016, 06:29:01 AM

Well, would you wait for 30 mins to 1 hr to pay for your grocery items? No. It takes a while for btc to be have confirmations so I guess some altcoins can try to squeeze themselves in that area since some of them can be transferred in just a few minutes. Still slow as compared to paying with FIAT but that's still way better than 30 minutes or more.

Same goes with payments with a bank.
Sometimes it could take up a week until 1 transaction goes through
I don't see anyone waiting in store for a week to get that through.

Newcoins2020

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Quote from: smodern on January 22, 2016, 11:08:46 AM

i think,the main reason is lack of knowledge

That is not it they know what it is but they are just scared of using it what if there money is gone or something.
Also that is true that people don't know what is bitcoins.
We should try to tell them that is easy to use and just try to earn so you don't lose money.

smodern

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i think,the main reason is lack of knowledge

Asseb

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Maybe, ten years later, bitcoin has become a very popular way to pay
In China 10 years ago, many people still do not know Alibaba, did not go online shopping, and now, almost every 90 years after the birth of people have used online shopping.

baazju

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Quote from: madmat on January 21, 2016, 12:54:49 PM

Quote from: Rotator on January 21, 2016, 10:00:15 AM

Maybe all those story that connecting bitcoin with Silkroad and similar..
Maybe folks are afraid if they use coin that will have some trouble..with law!

Folks are not afraid, they just use what is available. You can't pay a lot of thing with bitcoin.

Plus for many people there is no reason to use Bitcoin yet. Why go through the effort when there is no immediate benefit. Eventually though things will pick up.

Topic: What's stopping people from using bitcoin? - page 128. (Read 202140 times)