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Topic: What's stopping people from using bitcoin? - page 158. (Read 202161 times)

legendary
Activity: 1134
Merit: 1000
November 01, 2015, 01:48:35 AM
The first reason which make the people to not use bitcoin is because they don't know it. Is yet very little the percentage of the people who know it. Second, they who know it and don't use it make this because they believe that the price of bitcoin will go high or very high in the future. So don't worth to use it for small or everyday needs for the everyday life. Me myself thinks like the lasts. I see the use of bitcoin to buy irrelevant things (or even relevant ones) in internet with bitcoin as a waste of it. I have other money to use in such kind of occasions: why use bitcoin?
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 01, 2015, 12:26:23 AM
What i guess isnt the question,but who is stoppling trying to block bitcoin.Companies like paypal,visa and mastercard has a lot to loose if bitcoin gets everywhere,they will loose their costumers very fast,a huge part of them not all,as the oldest may not dropp them.Soo they are in a buble trying to keep and make bitcoin unknow to the most,but well the buble is getting bigger,soo the way to fight is attack saying its is a good thing to black market and many others things,rumors to make bitcoin not grow.

Why cannot visa or paypal integrate bitcoin into their payment system? Bitcoin is just another kind of money. It can be used cheaply by the credit companies.
To be honest, no one would want this to happen. There are actually services which allows offchain payments and it would let a third party to gain control over your coins. It would defeat the purpose of Bitcoin which is to provide anonymity and not let a third party to control your coins. They are designed to allow customers to chargeback if needed and Bitcoin by nature doesn't allow that.
sr. member
Activity: 392
Merit: 251
People in the bitcoin community have no hate against bitcoin.

It's those people who are tree-huggers. They looove their paper Grin
sr. member
Activity: 266
Merit: 250
If we can use bitcoin in real life, most of people will use it. For example, when I buy t-shirt or something else I may also pay with Bitcoin.
member
Activity: 112
Merit: 10
That question doesn't just have one answer. People have their own reasons for not wanting to use bitcoin. I think one of the reasons is that people are just too lazy, they don't want to put in the work to earn and buy bitcoin. They don't want to invest because it's too risky. People just have their own opinions on things, you can't force them to do anything.
newbie
Activity: 40
Merit: 0
According to media reports, bitcoin is used in ransom payment. There is not much report of bitcoin legal usage in online purchase.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Whats stopping them Huh Why fear of course  Shocked
People are afraid of things they don't understand. And unless you do some research and actually hold some bits you won't know what it is about, this is to the ones who never put much serious thought into using it before.

I guess those bad experiences and bad stories are what stopping them. Bitcoin was really high when it started and it really fell from like 800+ dollars to now.

The media is doing a good job into keeping people away too. I was talking to some friends today that work as investors in some trust funds and they were interested on Bitcoin but scared because it was often mentioned in stuff related to drugs and extortion (ramsomware). They want to keep people away just like they did with the internet in the early days.

I dont really believe much in television. It is always like fiction. It might really be the work of government so that everything could be controlled by them. They dont want anyone to be free from the cages of them through money.
hero member
Activity: 770
Merit: 509
Whats stopping them Huh Why fear of course  Shocked
People are afraid of things they don't understand. And unless you do some research and actually hold some bits you won't know what it is about, this is to the ones who never put much serious thought into using it before.

I guess those bad experiences and bad stories are what stopping them. Bitcoin was really high when it started and it really fell from like 800+ dollars to now.

The media is doing a good job into keeping people away too. I was talking to some friends today that work as investors in some trust funds and they were interested on Bitcoin but scared because it was often mentioned in stuff related to drugs and extortion (ramsomware). They want to keep people away just like they did with the internet in the early days.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Whats stopping them Huh Why fear of course  Shocked
People are afraid of things they don't understand. And unless you do some research and actually hold some bits you won't know what it is about, this is to the ones who never put much serious thought into using it before.

I guess those bad experiences and bad stories are what stopping them. Bitcoin was really high when it started and it really fell from like 800+ dollars to now.
full member
Activity: 196
Merit: 100
Whats stopping them Huh Why fear of course  Shocked
People are afraid of things they don't understand. And unless you do some research and actually hold some bits you won't know what it is about, this is to the ones who never put much serious thought into using it before.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
i think it is because some are afraid of the new things to learn. You will need to understand it. More to learn. Some just want to live on what they have. And dont want anymore to learn what is this and what is that.



That's true in my opinion. There is many people don't even know what means Bitcoin's currency till now. we have to continue our mission in advertising bitcoin everywhere , because i think bitcoin in the near future will become the first used currency

Damn straight. Very nice. And now that is getting high many that are ex-bitcoin users might come back. Just seeing how high it is now, will put a letter B in your eye. heh
legendary
Activity: 2282
Merit: 1023
Many reasons and all are valid. For the it is extreme volatility in bitcoin price that is preventing people to own and accept bitcoin. Besides, it is quite difficult for most people to acquire bitcoin.
hero member
Activity: 658
Merit: 500
well i believe that price fluctuations are stopping people from using bitcoins also the fact that you need to have internet if you want to use it
hero member
Activity: 826
Merit: 1000
1. prices fluctuate
2. for the transaction should use the Internet
3. got a scam of some sites
newbie
Activity: 14
Merit: 0
What i guess isnt the question,but who is stoppling trying to block bitcoin.Companies like paypal,visa and mastercard has a lot to loose if bitcoin gets everywhere,they will loose their costumers very fast,a huge part of them not all,as the oldest may not dropp them.Soo they are in a buble trying to keep and make bitcoin unknow to the most,but well the buble is getting bigger,soo the way to fight is attack saying its is a good thing to black market and many others things,rumors to make bitcoin not grow.

Why cannot visa or paypal integrate bitcoin into their payment system? Bitcoin is just another kind of money. It can be used cheaply by the credit companies.

They could but they would lose their fees they get from the payment channels they use at the moment. There is always some kind of charge for using them even if it's hidden. If you buy an item on ebay that's priced in a different currency to your country's they charge for the currency conversion. They couldn't do that if they integrated bitcoin into their payment system.
newbie
Activity: 40
Merit: 0
What i guess isnt the question,but who is stoppling trying to block bitcoin.Companies like paypal,visa and mastercard has a lot to loose if bitcoin gets everywhere,they will loose their costumers very fast,a huge part of them not all,as the oldest may not dropp them.Soo they are in a buble trying to keep and make bitcoin unknow to the most,but well the buble is getting bigger,soo the way to fight is attack saying its is a good thing to black market and many others things,rumors to make bitcoin not grow.

Why cannot visa or paypal integrate bitcoin into their payment system? Bitcoin is just another kind of money. It can be used cheaply by the credit companies.
hero member
Activity: 560
Merit: 500
What i guess isnt the question,but who is stoppling trying to block bitcoin.Companies like paypal,visa and mastercard has a lot to loose if bitcoin gets everywhere,they will loose their costumers very fast,a huge part of them not all,as the oldest may not dropp them.Soo they are in a buble trying to keep and make bitcoin unknow to the most,but well the buble is getting bigger,soo the way to fight is attack saying its is a good thing to black market and many others things,rumors to make bitcoin not grow.
legendary
Activity: 1554
Merit: 1054
I think that most people stops from using bitcoin is the environment.
They are not well informed or at least they are misinformed how bitcoin works.
Another thing is that the bitcoin price change too much and people are afraid of loss.

I do not think people are not stopped by anything even they have opportunity to use bitcoins. Some people use bitcoin as investments and some others uses as payment processors. Only unawareness makes people not to find in it in either way. Holding bitcoin is also a usage.
hero member
Activity: 994
Merit: 500
I think that most people stops from using bitcoin is the environment.
They are not well informed or at least they are misinformed how bitcoin works.
Another thing is that the bitcoin price change too much and people are afraid of loss.
newbie
Activity: 40
Merit: 0
At present, most people are not aware of bitcoin. The infrastructures for bitcoin are still being built. Maybe in 10 years, bitcoin will reach 5% of world population.
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