Topic: What's stopping people from using bitcoin? - page 14. (Read 202139 times)
maybe they are afraid or they still dont have any idea on how bitcoin works or they think if bitcoin would really work thats the common problem users(newbie) are facing
The lack of knowledge and the misunderstanding regarding its backing technology were the one which makes users to stand away from bitcoin as well other digital currencies.
This is very true, lack of knowledge and bad press leads to misunderstanding Bitcoin. People tend to just believe on what is in the news without doing any research. Sadly often times bitcoin is always involved in illegal stuff when it is presented in news.
It's the sad reality, yes. In all the time I am in Bitcoin, the only positive thing that I heard from the media is that banks and other financial institutions are interested in the block chain technology. That's it.
When there's a someone who new about bitcoin and want to buy some bitcoins but scammed by a man. That bad first experience when wanna try bitcoin will make people stop using bitcoin.
The lack of knowledge and the misunderstanding regarding its backing technology were the one which makes users to stand away from bitcoin as well other digital currencies.
This is very true, lack of knowledge and bad press leads to misunderstanding Bitcoin. People tend to just believe on what is in the news without doing any research. Sadly often times bitcoin is always involved in illegal stuff when it is presented in news.
It's the sad reality, yes. In all the time I am in Bitcoin, the only positive thing that I heard from the media is that banks and other financial institutions are interested in the block chain technology. That's it.
The lack of knowledge and the misunderstanding regarding its backing technology were the one which makes users to stand away from bitcoin as well other digital currencies.
This is very true, lack of knowledge and bad press leads to misunderstanding Bitcoin. People tend to just believe on what is in the news without doing any research. Sadly often times bitcoin is always involved in illegal stuff when it is presented in news.
The lack of knowledge and the misunderstanding regarding its backing technology were the one which makes users to stand away from bitcoin as well other digital currencies.
Based on my own experience. First i dont want btc because of lack og knowledge about that. Only my friend guide thats why im hook now on btc. This forum also teach me a lot knowledge about btc
Then you are just satisfied with the current knowledge you have?
Come on and wake up and start doing all by yourself. If you will succeed to learn those basic knowledge then Im sure you won't stop now to use this currency.
Based on my own experience. First i dont want btc because of lack og knowledge about that. Only my friend guide thats why im hook now on btc. This forum also teach me a lot knowledge about btc
Then you are just satisfied with the current knowledge you have?
Come on and wake up and start doing all by yourself. If you will succeed to learn those basic knowledge then Im sure you won't stop now to use this currency.
Based on my own experience. First i dont want btc because of lack og knowledge about that. Only my friend guide thats why im hook now on btc. This forum also teach me a lot knowledge about btc
You are right this is really the main reason why people doesn't even want to use bitcoin at all.
How they are going to use it if they don't know something about it.
And good thing that your friends taught you and guided you about bitcoin.
There are many reason that make people stop using bitcoins, They maybe hear a bad feed back about bitcoin or maybe they tries using bitcoin but they make satoshi hard that came up that they surrender earning it. Or maybe they got scammed and make them broke that make them realize that they will stop using bitcoins. Or they have some personal issues that needed bitcoin to be stopped. Each people who stopped has their own reasons
This is no wrong in having their own personal reason from their own experience which might be stopping them using bitcoin. But the 'real' wrong is not analysing the truth and ignoring to finding out the truth about their own belief/opinion.
In that case no people will find and have their own personal (mostly meaningless) reasons for stopping them from using bitcoin.
Based on my own experience. First i dont want btc because of lack og knowledge about that. Only my friend guide thats why im hook now on btc. This forum also teach me a lot knowledge about btc
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There are many reason that make people stop using bitcoins, They maybe hear a bad feed back about bitcoin or maybe they tries using bitcoin but they make satoshi hard that came up that they surrender earning it. Or maybe they got scammed and make them broke that make them realize that they will stop using bitcoins. Or they have some personal issues that needed bitcoin to be stopped. Each people who stopped has their own reasons
I think people just dont see it as an actual currency. Also it goes up and down in price all the time. But the biggest problem for me is the
confirmation time. Some shop will honor the payment when they see the transaction on the blockchain (within seconds) but for larger purchases retailer needs 3+ confirmation which sometimes ends up being an hour.
confirmation time. Some shop will honor the payment when they see the transaction on the blockchain (within seconds) but for larger purchases retailer needs 3+ confirmation which sometimes ends up being an hour.
Most people don't use bitcoin because they either are not aware of it or don't know how to use it.
It's possible that they don't have any knowledge about or just afraid to use it.
For some people it's hard to adapt to something else when they're used to something they've used all their lives.
It's possible that they don't have any knowledge about or just afraid to use it.
For some people it's hard to adapt to something else when they're used to something they've used all their lives.
Because about btc all friends and family and most of them have never heard about it, or other have erroneous concepts about what bitcoin actually is, but most ordinary people always will have problems to understand this technology and how to use it, especially older generations.
Some people are just skeptical about Bitcoin and they think of it as magical Internet money and hesitate to try it out. Bitcoin is still not mainstream to warrant a more widespread adoption.
yeah because bitcoin is not too mainstream lay person may also fear because it does not recognize bitcoin too far, maybe we need a campaign for bitcoin to the publicYes bitcoin needs a promotion on higher level so that it can reached to each and every corner of the world, and if it is done successfully then I think many more users will start using bitcoin.
Some people are just skeptical about Bitcoin and they think of it as magical Internet money and hesitate to try it out. Bitcoin is still not mainstream to warrant a more widespread adoption.
yeah because bitcoin is not too mainstream lay person may also fear because it does not recognize bitcoin too far, maybe we need a campaign for bitcoin to the public 
I would say it just because of the government and their rules they made for using it. The fear the to going over the rules stops people using the btc. I dont thing any other reason would stop people to use.
True, everyone will surely more to follow rules made by the Government of every country he inhabit. because they live in a country that has rules, but I think it's just some people who do it and there are some who keep breaking the rules. Because they think that the rules are being made does not correspond to reality
Yes, some government regulations and warning prevented other to used bitcoin. Some of selected details per country below:
In Argentina
Quote
it is considered money but not legal currency,
in Bangladesh you could be jailed
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"anybody caught using the virtual currency could be jailed under the country's strict anti-money laundering laws".
In Bolivia it is banned since 2014.
Or, or you can read complete list here ==>> Legality of Bitcoin by Country<<===
I would say it just because of the government and their rules they made for using it. The fear the to going over the rules stops people using the btc. I dont thing any other reason would stop people to use.
True, everyone will surely more to follow rules made by the Government of every country he inhabit. because they live in a country that has rules, but I think it's just some people who do it and there are some who keep breaking the rules. Because they think that the rules are being made does not correspond to reality
FOR ME I think whay people stops the most is that there is no perceived value into switching to bitcoin dven though more and more e-commerce sites are accepting it, the reason people having doubt about bitcoin is its instability, right now bitcoin is able to compete side by side with fiat for some people don't like new things like bitcoin is a new type thing to buy and sell
Fluctuations in fact I think it is frowned upon by some people because it can benefit by exploiting price fluctuations. We can benefit from it. There are several possible reasons that make people stop using bitcoin. As they are already busy affairs in reality, or perhaps a government that prohibits using bitcoin, and there are still some other reason. 
I think people stop using bitcoin, if bitcoin turn out to be a scam, people will not stop using bitcoin if only the price issue or a security issue, because we know bitcoin the belle of the moment. Even countries that prohibit bitcoin only people still using. And the one of his ways to make people stop using bitcoin is if bitcoin scam.
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