Topic: What's stopping people from using bitcoin? - page 136. (Read 202161 times)
i dont think that there are some things that stop people from using bitcoins as there are no laws against it in most countries, i believe they are afraid that bitcoin price will go to 0
Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
are you really serious abot people out there dont even know how to open a website , really ? where you at i dont find anyone around me who can not open a website
and also i dot think so there is anything stopping people to use bitcoins people are using it, look at the traffic rank of blockchain and coinbase that is the proof people are using it
Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
That is the biggest problem that we are facing and we want that more and more people adopt bitcoin as a currency but they don't want to learn something new and hesitate to invest in crypto and they don't have faith in virtual currency.
What's stopping people from using bitcoin are all the scam artists who are attracted to the technology. People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!
Yeah. The reputation of Bitcoin does take a hit from how it's known to be used in dark web purchases and ponzis. The Mt. Gox incident also ruptured the reputation ob bitcoins. I guess people think that it's unsound to have the same currency as criminals, or they don't understand how it works and don't have enough faith to check it out.It just too complicated and full of dangers for common people to get into it. And what will they actually accomplish? They can't use it anywhere, it's a hassle to even get a hold of, mostly if you are not in the States. What's the point? Bitcoin is an amazing innovative technology, no doubt about it, but it may take decades to evolve, just like the Internet was in the 90s.
well that is our advantage as we can be considered early adopters. eventually bitcoins will be known and people will use this its inevitable so long as the community uses btc
Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
Money in your bank account is also displayed as virtual currency. Once you go to an ATM you get your physical money. Most people nowadays pay with their smartphone to not deal with physical money and for easyness. That's also all virtual.
You cannot say it as an virtual as you are dealing with fiat currency, and people are not using bitcoins only because they are not aware about it, they need a proper guidance so that they can view bitcoin as a positive currency and start using it with a positive mindset.
Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
Money in your bank account is also displayed as virtual currency. Once you go to an ATM you get your physical money. Most people nowadays pay with their smartphone to not deal with physical money and for easyness. That's also all virtual.
Bitcoin wallets are protected by our identifier,then our password then 2fa and then another password atleast the wallet of blockchain have those all safety features.People not using because the country they live doesnt support bitcoin.If the countries accept bitcoin,we would see it at some shops as an payment option.
Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
True, the lack of good guides/tutorials is bad, and people protecting their money/wallet is too much to ask.
By default the encrypt your wallet with a password would be good.
I do think we need some proper information on how to use bitcoin safely.
With advanced wallet stealers software people should be able to use bitcoin how it is meant to be.
Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
True, the lack of good guides/tutorials is bad, and people protecting their money/wallet is too much to ask.
By default the encrypt your wallet with a password would be good.
Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
Bitcoin Only virtual currency not mean never there. And then about bitcoin didn't understood by them , but if they want to effort more. They will be understand about 6
Because bitcoin is harder to use than flat money. It doesn't have any physical form, just all virtual.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
There's a lot of people out there that even dont understand how to open a website.
in short, a lot of people didn't understand.
Complexity of using bitcoin is a problem.
Its easier to use cash and credit cards for everyday shopping, and I doubt it will change. Cash can always be used without internet, bitcoin not. Credit cards and paypal confirmations are instant, whereas for bitcoin it is about 10 min, but usually more.
Also people get their salaries with fiat or directly to their bank. No need to get to excahnges, pay exchange fees, etc.
Finally if people use credit card or payal, you can charge back on mistakes. If chargebacks were possible in bitcoin, for example, situations like this could be avoided:
https://www.reddit.com/r/Bitcoin/comments/3yklrd/accidentally_sent_btc_to_bitmixer_donation/
Its easier to use cash and credit cards for everyday shopping, and I doubt it will change. Cash can always be used without internet, bitcoin not. Credit cards and paypal confirmations are instant, whereas for bitcoin it is about 10 min, but usually more.
Also people get their salaries with fiat or directly to their bank. No need to get to excahnges, pay exchange fees, etc.
Finally if people use credit card or payal, you can charge back on mistakes. If chargebacks were possible in bitcoin, for example, situations like this could be avoided:
https://www.reddit.com/r/Bitcoin/comments/3yklrd/accidentally_sent_btc_to_bitmixer_donation/
Kinda troublesome or a turn off for some to buy bitcoin, as you need to get your id verified.
Not many place or even online accept bitcoin payment.
There are better payment methods or we are comfortable to use it.
(credit cards. Paypal/Debit cards etc)
The price of bitcoin can be a heart attack for some, it goes from 1k + to 200+ back then, and
recently bounced to 400+ usd average a btc.
Lastly, in my country if they report anything about bitcoin in news... it's something bad -_-''
(Like Mt gox, or people use bitcoin for drugs, weapons etc due to anonymity)
The power of media can be very powerful, with bad news about BTC, they will think twice
to use it or even use REAL money to buy it.
Not many place or even online accept bitcoin payment.
There are better payment methods or we are comfortable to use it.
(credit cards. Paypal/Debit cards etc)
The price of bitcoin can be a heart attack for some, it goes from 1k + to 200+ back then, and
recently bounced to 400+ usd average a btc.
Lastly, in my country if they report anything about bitcoin in news... it's something bad -_-''
(Like Mt gox, or people use bitcoin for drugs, weapons etc due to anonymity)
The power of media can be very powerful, with bad news about BTC, they will think twice
to use it or even use REAL money to buy it.
Well said, plus don't forget that for common people handling decimals, authorization keys, wallets, addresses as long as line of code and many other "easy to use" features are completely out of their league. We may be comfortable with them because we are a bunch of nerds but Bitcoin has a long way before it's being considered as a hassle free method compared to Paypal, CCs, etc.
I would say that is the biggest problem. For the majority who are new this whole tech thing. Bitcoin usage is beyond them. Using it is tricky enough, understanding it is another level. Without understanding, there is little trust.
What's stopping people from using bitcoin are all the scam artists who are attracted to the technology. People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!
Yeah. The reputation of Bitcoin does take a hit from how it's known to be used in dark web purchases and ponzis. The Mt. Gox incident also ruptured the reputation ob bitcoins. I guess people think that it's unsound to have the same currency as criminals, or they don't understand how it works and don't have enough faith to check it out.It just too complicated and full of dangers for common people to get into it. And what will they actually accomplish? They can't use it anywhere, it's a hassle to even get a hold of, mostly if you are not in the States. What's the point? Bitcoin is an amazing innovative technology, no doubt about it, but it may take decades to evolve, just like the Internet was in the 90s.
well that is our advantage as we can be considered early adopters. eventually bitcoins will be known and people will use this its inevitable so long as the community uses btc
bitcoin still not reached everywhere in the world .and some peoples who use it but still dont use it are because they think it has a lot of risk and i thonk they are also thinking right bitcoin is very violent when ever i saw it but i dont care about the price mostly i am here to understand the whole technology so price dont effect me but maximum peoples are here due to the bitcoin price they want just to grow their money without any risk bitcoin is profitable if used well but also have most scamming and hacking risk lets be honest dont you guys also have some doughts in your mind too but you have spended so many years in using bitcoin
What's stopping people from using bitcoin are all the scam artists who are attracted to the technology. People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!
Yeah. The reputation of Bitcoin does take a hit from how it's known to be used in dark web purchases and ponzis. The Mt. Gox incident also ruptured the reputation ob bitcoins. I guess people think that it's unsound to have the same currency as criminals, or they don't understand how it works and don't have enough faith to check it out.It just too complicated and full of dangers for common people to get into it. And what will they actually accomplish? They can't use it anywhere, it's a hassle to even get a hold of, mostly if you are not in the States. What's the point? Bitcoin is an amazing innovative technology, no doubt about it, but it may take decades to evolve, just like the Internet was in the 90s.
Hopefully the fun with Bitcoin will last for a long time.
Yes, the technology behind Bitcoin will evolve and all the complications will be simplified. It is discussions like these that help push along its evolution. No doubt the technology is here to stay, and for those of us who appreciate, enjoy, and utilize its functionality, versatility, and innovation there are fun and interesting times ahead of us!
In my country, most of the people don't know how to use an internet banking safely...imagine using bitcoin, that is way more complex to keep a safe wallet.
The reputation.
What's stopping people from using bitcoin are all the scam artists who are attracted to the technology. People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!
Yeah. The reputation of Bitcoin does take a hit from how it's known to be used in dark web purchases and ponzis. The Mt. Gox incident also ruptured the reputation ob bitcoins. I guess people think that it's unsound to have the same currency as criminals, or they don't understand how it works and don't have enough faith to check it out.It just too complicated and full of dangers for common people to get into it. And what will they actually accomplish? They can't use it anywhere, it's a hassle to even get a hold of, mostly if you are not in the States. What's the point? Bitcoin is an amazing innovative technology, no doubt about it, but it may take decades to evolve, just like the Internet was in the 90s.
Hopefully the fun with Bitcoin will last for a long time.
What's stopping people from using bitcoin are all the scam artists who are attracted to the technology. People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!
Yeah. The reputation of Bitcoin does take a hit from how it's known to be used in dark web purchases and ponzis. The Mt. Gox incident also ruptured the reputation ob bitcoins. I guess people think that it's unsound to have the same currency as criminals, or they don't understand how it works and don't have enough faith to check it out.It just too complicated and full of dangers for common people to get into it. And what will they actually accomplish? They can't use it anywhere, it's a hassle to even get a hold of, mostly if you are not in the States. What's the point? Bitcoin is an amazing innovative technology, no doubt about it, but it may take decades to evolve, just like the Internet was in the 90s.
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