I would say that the biggest issue people have with Bitcoin right now is the easy of access that bitcoin has, the stigma that Bitcoin is used by shady criminals, and, simply put, Bitcoin does not really offer them anything that typical banks and payments systems offer. "Average" people don't see a need for anonymity, and PayPal or other platforms allow for people to complete payment quickly and move on with their lives, as opposed to having an address that they have to input via QR Code or other software, then select a specific dollar amount, then wait for the transaction to complete, etc.
Bitcoin, to fully succeed as a daily currency, has to be faster, somewhat more stable in value, has to have the public have more positive views about it, and, as stupid as it seems, needs to be easier to use.
Topic: What's stopping people from using bitcoin? - page 148. (Read 202161 times)
I almost lost interest with bitcoin because of gambling 
stupid reason isnt it.
Lose all of my bits And lose interest with bitcoin. Might wanna quit bitcoin but i cant. If i quit i dont have any entertainment on internet.
I guess not many people wanna quit finding bitcoin
stupid reason isnt it. Lose all of my bits And lose interest with bitcoin. Might wanna quit bitcoin but i cant. If i quit i dont have any entertainment on internet.
I guess not many people wanna quit finding bitcoin
Because it's easy to use and always available to you. That's why it's easy for you to use it on online gambling sites. I am always tempted to place bets but I try my best to keep holding of off it.
What stopping people from using bitcoin??
The number one reason for me is understanding what bitcoin is. If you are new to bitcoin just like me, you won't get how exactly it works just by reading. You need to learn the terms in order, I mean the first thing a new user has to learn is how to have a bitcoin wallet ( I mean if you read about ASIC or hashrates, etc. first before bitcoin wallet, you would not understand it right . It's not the price that's stopping people to use it, actually if you tell them 1 bitcoin is equal to $370, it would spark interest. The reason people stop using bitcoin is that it's hard to earn it(I mean you can't use what you don't have).
The number one reason for me is understanding what bitcoin is. If you are new to bitcoin just like me, you won't get how exactly it works just by reading. You need to learn the terms in order, I mean the first thing a new user has to learn is how to have a bitcoin wallet ( I mean if you read about ASIC or hashrates, etc. first before bitcoin wallet, you would not understand it right . It's not the price that's stopping people to use it, actually if you tell them 1 bitcoin is equal to $370, it would spark interest. The reason people stop using bitcoin is that it's hard to earn it(I mean you can't use what you don't have).
I love this one. That is right put a bitcoin sign in their eyes first. Tell them how huge 1 butcoin is. Then tell them how they can earn. How many possibilities they can earn it. If they dont want to start by buying it and trading. First could be faucets. Just like me.
Security is also a big issue. You cannot expect the normal person on the street to be able to keep their coins safe. Its too hard for them.
why not? because they don't know how to create a secure offline cold storage? it's not hard at all. it's just a matter of saving your wallet file to a thumb drive. it also doesn't require you a lot effort to create a paper wallet. if you meant something else, please explain.
what he meant by street people is that, those people that are
not familiar with bitcoin and walletthey will have a hard time
trusting those thing if they are not that familiar about it.
Maybe that will make people stop using BTC is eg bitcoin prices dropped to the lowest value, the more countries that prohibit the use bitcoin
I will glad to buy as many as i can if that happened. So far that scheme will not happened.
What stopping people from using bitcoin??
The number one reason for me is understanding what bitcoin is. If you are new to bitcoin just like me, you won't get how exactly it works just by reading. You need to learn the terms in order, I mean the first thing a new user has to learn is how to have a bitcoin wallet ( I mean if you read about ASIC or hashrates, etc. first before bitcoin wallet, you would not understand it right . It's not the price that's stopping people to use it, actually if you tell them 1 bitcoin is equal to $370, it would spark interest. The reason people stop using bitcoin is that it's hard to earn it(I mean you can't use what you don't have).
The number one reason for me is understanding what bitcoin is. If you are new to bitcoin just like me, you won't get how exactly it works just by reading. You need to learn the terms in order, I mean the first thing a new user has to learn is how to have a bitcoin wallet ( I mean if you read about ASIC or hashrates, etc. first before bitcoin wallet, you would not understand it right . It's not the price that's stopping people to use it, actually if you tell them 1 bitcoin is equal to $370, it would spark interest. The reason people stop using bitcoin is that it's hard to earn it(I mean you can't use what you don't have).
I almost lost interest with bitcoin because of gambling stupid reason isnt it.
Lose all of my bits And lose interest with bitcoin. Might wanna quit bitcoin but i cant. If i quit i dont have any entertainment on internet.
I guess not many people wanna quit finding bitcoin
stupid reason isnt it. Lose all of my bits And lose interest with bitcoin. Might wanna quit bitcoin but i cant. If i quit i dont have any entertainment on internet.
I guess not many people wanna quit finding bitcoin
Maybe that will make people stop using BTC is eg bitcoin prices dropped to the lowest value, the more countries that prohibit the use bitcoin
so many reason, for example: they got bored , they think they dont need bitcoin anymore, they think that bitcoin dont have bright future (i believe bitcoin have bright future)
That is for the starters. The earners like me. When you see that you dont earn a lot doing bitcoin you can lose your hope. But what is the profit of stopping and idling. better to just be patient and someday see it grow like a plant being carefully grew.
Yes it must be used always so the money can circulate. They are afraid of something else it is the lack of knowledge that scares them. Bitcoin might be a little hard to learn but while using it and asking,reading news and more you will get used to it.
It's not just them lacking knowledge - it's the fact that at the moment Bitcoin is inherently more difficult to use in real world scenarios than fiat - so while Bitcoin may have benefits those benefits presently do not tip the scales enough. This is especially true in less developed countries and basically all other countries aside from the US where there is less infrastructure in place to support Bitcoin payments.
Yes it must be used always so the money can circulate. They are afraid of something else it is the lack of knowledge that scares them. Bitcoin might be a little hard to learn but while using it and asking,reading news and more you will get used to it.
It's going to take awhile before these people adapt to bitcoin, some have a hard time understanding bitcoins concept overall.
Some can't wrap their minds around it that they can't physically hold bitcoins and that it's a digital currency.
people are afraid that if they will spend coins on coffe today, tommorow they could buy a house. When bitcoin will be more stable- people will start to spend it daily
This is easily solvable, whatever you spend in bitcoins this week, you just go and buy on the exchanges in the end of the week. This is how you boost Bitcoin economy, you boost transactions and you won't miss out on buying a house.
That's at least what I am trying to do as much as I can!
Yes it must be used always so the money can circulate. They are afraid of something else it is the lack of knowledge that scares them. Bitcoin might be a little hard to learn but while using it and asking,reading news and more you will get used to it.
people are afraid that if they will spend coins on coffe today, tommorow they could buy a house. When bitcoin will be more stable- people will start to spend it daily
This is easily solvable, whatever you spend in bitcoins this week, you just go and buy on the exchanges in the end of the week. This is how you boost Bitcoin economy, you boost transactions and you won't miss out on buying a house.
That's at least what I am trying to do as much as I can!
people are afraid that if they will spend coins on coffe today, tommorow they could buy a house. When bitcoin will be more stable- people will start to spend it daily
It's not about spending ,but rather about using bitcoin over fiat.In any case people who hold coins are the one's who have the required assets to live their life on.The rest cashout without any doubts.
people are afraid that if they will spend coins on coffe today, tommorow they could buy a house. When bitcoin will be more stable- people will start to spend it daily
maybe the person its not comfortable accepting new type of payment,
most of them afraid of bitcoin wallet's security and not all of the item can be bought using Bitcoin
like in my country BITCOIN is not really well known here,
so you cannot but things from store or restaurant using bitcoin here yet
most of them afraid of bitcoin wallet's security and not all of the item can be bought using Bitcoin
like in my country BITCOIN is not really well known here,
so you cannot but things from store or restaurant using bitcoin here yet
I think when you got scammed for a big amount and your so frustrated about it. Also the time you spend can way to much. You also have woman's who can really get mad about it.
Yeah. Being scammed will make you lose hope although that is where you should start to learn. That will be a lesson for ypurself to just do it all by yourself.
Many quits after being scammed but I guess that shoulf be the start of all.
confirmation time.
As it gets more popular though expect this to drop.
uh? how can it drop based on adoption? there is no releation between the two, if you want faster confirmation you just need to work off-chain
or maybe you need the support of sidechain and implement the solution in one of them(lower confirmation time), or simply use another currency for now, like litecoin
I guess people just dont see it as an actual currency also it goes up and down in price all the time if you have $1 then you have $1 but if you have 1btc then you may have $320 or $160 another time.
Value of dollar also keeps depreciating or appreciating with time.Some day you can buy 1 unit of something for 1 $, other day you might need to pay 10 $ for same single unit or maybe 0.1 $
I think when you got scammed for a big amount and your so frustrated about it. Also the time you spend can way to much. You also have woman's who can really get mad about it.
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